Undersecretary of the Ministry of Finance Dr. Maher Hammad Johan said Wednesday that the draft general budget for the year 2019 focused on providing job opportunities and developing services to citizens.
"The draft budget for 2019 will be different from its predecessors. It focused on the services portfolio for all provinces according to the necessary allocations and on the provision of large-scale employment opportunities," Johann told the Iraqi News Agency.
He added that "the volume of spending in this budget is greater than revenues, has reached the budget to the latest formula, which will be reviewed by the financial Thursday for the last time to be distributed after the draft to the presidencies, and relevant bodies such as oil ministries and education, the World Bank and others.
The Undersecretary of the Minister of Finance, "The harnessing of legal texts facilitates the application of paragraphs on private sector projects, as it will accelerate the progress in Iraq, especially as most countries expressed their desire to enter the Iraqi market and the establishment of projects and investment in exchange for facilitating its work," adding that the security situation will help a lot Successfully apply budget paragraphs.
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"The draft budget for 2019 will be different from its predecessors. It focused on the services portfolio for all provinces according to the necessary allocations and on the provision of large-scale employment opportunities," Johann told the Iraqi News Agency.
He added that "the volume of spending in this budget is greater than revenues, has reached the budget to the latest formula, which will be reviewed by the financial Thursday for the last time to be distributed after the draft to the presidencies, and relevant bodies such as oil ministries and education, the World Bank and others.
The Undersecretary of the Minister of Finance, "The harnessing of legal texts facilitates the application of paragraphs on private sector projects, as it will accelerate the progress in Iraq, especially as most countries expressed their desire to enter the Iraqi market and the establishment of projects and investment in exchange for facilitating its work," adding that the security situation will help a lot Successfully apply budget paragraphs.
SOURCE