“A New Approach” in Iraq's 2020 Budget and Reform Plan

Sep 18, 2019 - 13:45



Finance Minister Fuad Mohammed Hussein said that the budget for next year was prepared through the adoption of projects and performance budgets, rather than the old traditional method, while estimated the cost of reconstruction of liberated areas by $ 88 billion.



The Minister of Finance, during the Iraqi Energy Conference held in Baghdad, that "Iraq is fighting a few years ago in the battle for survival and existence, and that terrorism caused the destruction of many cities and infrastructure has become rubble useless and estimated total reconstruction needs of $ 88 billion."



"Terrorism has led to the displacement of millions of people to stay in the camps and according to available statistics estimated more than one and a half million displaced and thousands are still missing, in addition to those who lost their lives or emerged from this difficult period with disabilities and disabilities."



“We started to reform bureaucratic systems and we took measures to modernize the systems and then gradually move from obsolete paper-based operating mechanisms to e-governance,” Hussain said.



He explained, "The budget for next year 2020 prepared through the adoption of project budgets and performance instead of the old traditional method of preparing budgets after the involvement of representatives and international experts and the Iraqi parliament and for the first time local governments and the Kurdistan region."


http://sumer.news/ar/news/41749/%D8%A3%D8%B3%D9%84%D9%88%D8%A8-%D8%AC%D8%AF%D9%8A%D8%AF-%D9%81%D9%8A-%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%84%D9%80-2020-%D9%88%D8%AE%D8%B7%D8%A9-%D8%A5%D8%B5%D9%84%D8%A7%D8%AD