Finance Minister: The white paper will be a road map for subsequent budgets

 Baghdad - INA

Today, Tuesday, Minister of Finance, Ali Abdul Amir Allawi, confirmed that the white paper will be a road map for subsequent budgets, indicating that one of the main axes of the paper is reforming the reality in the provinces.

Allawi said during the joint weekly press conference with the spokesman for the Prime Minister and attended by the correspondent of the Iraqi News Agency (INA), that "the white paper is a reform program for financial and economic affairs in Iraq," indicating that "the government is facing dangerous repercussions and the white paper is a reform road map."

He added, "The main purpose of the white paper is to move the current economic compass axis to a better future position that keeps pace with developments in the world," explaining that "one of the main axes of the white paper is to reform the situation in the provinces and it is directed to the economic and financial side."

He continued that "the white paper will be a road map for subsequent budgets," noting that "oil revenues are insufficient to cover salaries and retirement requirements, and we will work to diversify revenues."