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Al-Kazemi's advisor clarifies the most important tasks of the Financial Management Law
political Yesterday, 21:15
Baghdad - INA - Nassar Al-Hajj
, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, revealed today, Thursday, the fate of salaries, pensions, and grants, with the delay in approving the general budget for the fiscal year 2022, while clarifying the most prominent tasks of the Financial Management Law.
Saleh said, in a statement to the Iraqi News Agency (INA), that "the effective financial management law is one of its first tasks to secure actual current expenses with an average exchange base of 1/12," noting that
it is "an important mechanism that guarantees payments of a recurring, actual nature, specifically salaries, wages, government grants and pensions."
Pension and social care are non-stop, even if the budget approval is delayed.
He added, "The adoption of the Federal General Budget Law for the year 2022 is a fundamental goal in planning economic policy and its essential pillar, as it is linked to the issue of growth in the economy."
He pointed out that "the budget has an important function, which is to ensure the achievement of a prosperous level of GDP that exceeds the annual population growth, and
this can only be achieved by advancing the added or new production capacities approved by the investment budget towards income-generating and employment projects."
Al-Kazemi's advisor clarifies the most important tasks of the Financial Management Law
political Yesterday, 21:15
Baghdad - INA - Nassar Al-Hajj
, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, revealed today, Thursday, the fate of salaries, pensions, and grants, with the delay in approving the general budget for the fiscal year 2022, while clarifying the most prominent tasks of the Financial Management Law.
Saleh said, in a statement to the Iraqi News Agency (INA), that "the effective financial management law is one of its first tasks to secure actual current expenses with an average exchange base of 1/12," noting that
it is "an important mechanism that guarantees payments of a recurring, actual nature, specifically salaries, wages, government grants and pensions."
Pension and social care are non-stop, even if the budget approval is delayed.
He added, "The adoption of the Federal General Budget Law for the year 2022 is a fundamental goal in planning economic policy and its essential pillar, as it is linked to the issue of growth in the economy."
He pointed out that "the budget has an important function, which is to ensure the achievement of a prosperous level of GDP that exceeds the annual population growth, and
this can only be achieved by advancing the added or new production capacities approved by the investment budget towards income-generating and employment projects."
