Baghdad / NINA /- The Minister of Finance, Taif Sami, revealed today, Friday, the fate of the draft general budget law for the year 2023, and the most important paragraphs that it will focus on.

Sami said, in a statement to the official News Agency, that "the ministerial program approved by the Council of Ministers includes current expenditures for some Ministries, and other investment projects that the Ministry of Planning worked on and were included in the 2023 budget."

She added, "The general budget will focus primarily on the health sector, supporting hospitals, reducing surgical procedures abroad, supporting vulnerable classes, social care, and people with disabilities, and raising the loan capital ceiling for small projects in the Ministry of Labor."

She explained, "The Ministry of Finance is still working on completing the general budget law for the year 2023, and there are meetings held with the Prime Minister to include the directives, and they have not yet been sent to the Council of Ministers," stressing that "the budget will include the establishment of a development fund, and we set its allocations for the investment platform with a text in the law on how to support it and prepare its internal system and draft within a year.

The Minister of Finance continued, "The price of a barrel of oil, which has been placed so far in the general budget, amounted to 65 dollars, and it may reach 70 dollars, and the total amount of the budget has not yet been set, while the exchange rate has been fixed at 1450."

She stressed that "the draft general budget law may include a study to impose some taxes on the oil derivatives sector, if approved by the House of Representatives, which would enhance revenues."/ End




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