The Parliamentary Finance Committee confirmed on Sunday, that the three-year budget aims to facilitate contracting and financing.
The head of the committee, Atwan Al-Atwani, said in a statement received by the Iraqi News Agency (INA): “The committee hosted the Minister of Finance, Taif Sami, the heads of the Customs and Tax Authority, and the Director General of the Budget to discuss non-oil revenues, financing the governorates, and food security.”
The statement added, “The three-year budget aims to facilitate contracting and financing,” noting that “total reliance on oil gives us an unstable economy and disrupts development plans.”
It continued, “Our meeting today is very important to deeply discuss into the file of the state’s non-oil revenues and we are working to establish scientific foundations to maximize them.”
