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Sat. PM KTFA News Articles from Iraq 8-5-23

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KTFA

Clare » August 5th, 2023

And finally.. 50 days after its approval.. the budget enters into force

8/5/2023  Baghdad – 

The Parliamentary Finance Committee confirmed, today, Saturday, that the federal budget law will enter into force during the current week, pointing out that the budget instructions will be circulated to all ministries.

Committee member Thamer Dhiban Al-Hamdani said in a press statement, “The general federal budget for the first time is sent to the State Shura Council in order to scrutinize its items,” pointing out that “the budget will be implemented during the current week.”

He added, “The budget instructions will be circulated to all ministries, agencies and governorates, and the government will proceed to achieve its items according to a service and economic vision.”

He pointed out that “the regulatory authorities will start monitoring the mechanism for disbursing funds and projects according to a plan that had been prepared in advance to avoid wasting money.”  LINK

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Al-Sudani: Iraq seeks openness to cooperation and economic partnership with all countries

8/5/2023 Baghdad – 

Prime Minister Muhammad Shia Al-Sudani affirmed today, Saturday, that Iraq seeks to open up to cooperation and economic partnership with all countries.

A statement by the prime minister’s media office stated that “the prime minister received the UK ambassador to Iraq, Stephen Hitchin, and discussed with him the overall public relations between the two friendly countries, and the most prominent ways to develop them in various fields, in a way that serves the interests of the Iraqi and British peoples.”

The Prime Minister referred to “Iraq’s endeavor towards openness to economic cooperation and partnership with all brotherly and friendly countries, and its support for stability and development efforts in the region.”

For his part, “the British ambassador welcomed the Iraqi government’s steps in the field of economic reform,” appreciating “Iraq’s efforts and their positive repercussions on the region and the challenges it faces.”   LINK

Source: Dinar Recaps

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