Parliamentary Finance reveals the date of completion of the 2020 budget file

The parliamentary finance committee confirmed on Wednesday that the 2020 budget will be completed in late September.

He pointed out that the price of a barrel of oil, which will be calculated by the budget will be close or less than the pricing this year, because of the high deficit in the budget next year.

Committee member Jamal Ahmed said in a statement that the government did not resolve the 2020 budget in full, and may be some ministries have resolved its issue, where I was part of the committee to discuss the strategy of the program budget and performance, and during the committee sessions were discussed mechanisms to implement this budget and how to convert ministries to ministries Produces and applies performance and program budgeting.

Ahmed added, "The discussion committee submitted a draft of current and expected investment expenditures for the 2020 budget, but this was not the last version but the proposed by the ministries. The budget will be drafted and rearranged by the Ministry of Planning and sent to the Ministry of Finance to be handed over to the Council of Ministers."

He explained that "the preparation of the budget by the ministries mentioned and the end of its file will be at the end of September, may be calculated at the price of a barrel of oil for the current year or there may be a reduction in the price of the barrel, especially as there is a large deficit in the budget."




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