Advisor to Al-Kadhimi: The new projects and their allocations are related to the budget law legislation

Baghdad - INA

The Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed that the new investments and launching their allocations depend on the legislation of the general budget law for the current year, while noting that the delay in its approval is reflected in economic activity.
Salih told the Iraqi News Agency (INA), today, Sunday, that "the federal budget is the country's financial plan at the level of a whole year, and depends on its legislation a lot of strategic and important decisions, especially investment decision-makers and the implementation of related activities at the level of the market and the private sector as well as settlement Many of the outstanding rights that belong to the people and the general private sector that prepare and implement government projects and requests. "
He added that the new investments and launching their allocations totally depend on the approval and enactment of the budget law, especially the implementation of new projects that are listed for the first time and the processes for their referral without delay to the implementers in the business sector and what is related to this in activating the operating cycle of the manpower and material resources ready for use.