Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy

BAGHDAD / The obelisk: A source in the Finance Committee of the parliamentary, on Tuesday, the date of receipt of the draft budget for the year 2020, while noting that the budget will bring a boom in the Iraqi economy.

The source told local media that “the Finance Committee agreed with the Ministry of Finance to receive the draft budget 2020 in September,” noting that “there will be a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services.”

The source, who preferred not to be named, said that “the 2020 budget will be strengthened by the final accounts and will include tables on internal and external indebtedness, taxes, customs, border crossings and returns of state property.”

He pointed out that “the draft budget 2020 is now working on a specialized team, under the supervision of Prime Minister Adel Abdul Mahdi, will include two prices of oil fixed and moving.”

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