PM Advisor: Finance Ministry is preparing 2025 budget tables

politics
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    Baghdad-INA
    The financial advisor to the Prime Minister, Mazhar Muhammad Salih, announced on Tuesday, that the Ministry of Finance is preparing the general budget tables for the year 2025, while he pointed out the most important pillars that will be adopted in the budget for next year.
     
    Saleh told the Iraqi News Agency (INA): "Article 77/Second of the Federal General Budget Law No. 13 of 2023, which regulates the preparation of the three-year budget, stipulates that the government shall send the budget tables for the years 2024 and 2025 to the Council of Representatives for approval before the end of the previous fiscal year." 
     
    He added that "the Ministry of Finance has announced that it is in the process of preparing the general budget tables for the year 2025, in accordance with the constitutional mechanisms adopted by the aforementioned three-year budget law."
     
    Saleh pointed out that "based on the budget implementation indicators over the first two years of Law No. 13 mentioned above, the financial authority has the necessary administrative financial capabilities to submit the 2025 budget schedules to take their legislative path through discussion and approval in the Council of Ministers and refer them to the House of Representatives before the end of this year."
     
     Saleh noted that "the federal general budget schedules for the year 2025 will stem from the constants of Federal Budget Law No. 13 of 2024, taking into account international and regional economic conditions and their changes, ensuring that the provisions of the budget schedules for the year 2025 are adapted within the available legal texts, in addition to relying on the performance of the indicators of the general budget schedules for the year 2024." 
     
    He stressed that "major reconstruction projects will continue to progress according to the vision of the government program to ensure the continuity of growth rates in the gross domestic product in general and the gross domestic product (non-oil) in particular."