Baghdad The Ministry of Finance announced that it has completed the follow-up to the report of the General Authority for Monitoring the allocations of the Federal Ministries, which is related to determining the ceilings of oil and non-oil revenues.

This came during the meeting of the committee to prepare the federal general budget strategy for the medium term 2022-2024, headed by Minister of Finance Ali Allawi, today, Wednesday, in the presence of both the Undersecretaries of Finance and Planning, the Prime Minister’s advisers, the head of the General Authority to monitor the allocations of the federal ministries, and a number of general managers in the relevant ministries.

The attendees discussed the report submitted by the Babylon Governorate, which includes its future vision in adopting supportive elements to revitalize the economic reality, provide development incentives and expand the promising investment opportunities in it, in addition to strengthening efforts to upgrade the state of services and infrastructure and create real job opportunities.

Source: National Iraqi News Agency