Baghdad – IA
The Ministry of Planning confirmed at present, Saturday, that the monetary quantities out there to the governorates throughout 2024 amounted to 41 trillion dinars.
The Ministry said in a press release, obtained by the , (INA), that “the allocations of the Regional Growth Program and the undisbursed quantities, which amounted to the quantity of the remaining funds for the yr 2023, that are registered in trusts with the Ministry of Finance (6,947,433) trillion dinars, along with the rest of Meals safety restricted deposits within the governorates amounted to (5,824,403) trillion dinars, a complete of (15,875) trillion dinars, and this quantity is added to the dimensions of the funding allocations to the governorates throughout the 2024 price range submitted to the Home of Representatives, amounting to (3,103,158).”
The ministry indicated, “These allocations embody the regional growth program, petrodollars, combating poverty, and loans,” indicating that “what has been allotted to federal ministries’ tasks which can be applied within the governorates excluding the area amounted to (38,421) trillion dinars, and thus the whole quantities out there to the governorates attain () 41.524 trillion dinars.
The Ministry confused that, “Primarily based on the above, the comparability that appeared within the media, between the regional growth allocations to the governorates, and the whole funding spending of the Kurdistan area, is an incorrect comparability. Reasonably, the comparability ought to have been made between the whole funding spending of the governorates ensuing from the spending The funding expenditure of the ministries quantities to (41,524) trillion dinars), and what has been allotted within the complete funding spending for the area, which quantities to (4,875) trillion dinars,” stressing “the federal government’s dedication to the share allotted to the area, in all sections of spending.”
She identified, “Primarily based on the Tripartite Finances Legislation (2023-2025) and the Monetary Administration Legislation of 2019, the unspent quantities are recorded as deposits with the governorates or the Ministry of Finance, and native governments can spend them on tasks in accordance with the mechanisms accredited on this facet, and these quantities are added.” To the monetary allocations allotted to the governorates throughout the 2024 price range,” noting that “there are different quantities that shall be allotted to the governorates, coming from the revenues of the border crossings, as many of the governorates take pleasure in this benefit, with the presence of land, air, or sea ports in them, in addition to the monetary allocations allotted to the funds with their varied specializations.” These are funds for the reconstruction of Dhi Qar and Sinjar, the affected areas, and assist for the poorest areas, amounting to about (2) trillion dinars.
The Ministry added, “The indications confirmed throughout earlier years point out that the very best proportion of spending for the governorates didn’t exceed greater than (4.2) trillion dinars, throughout the yr 2022, because the spending was made based on the precise work peaks with no price range accredited in that yr, and due to this fact the existence of this The big money provide out there to the governorates, spending models won’t be able to spend greater than 30% of it in the most effective of circumstances, based on the manager capabilities of the governorates.”
She indicated that “the directives of Prime Minister Muhammad Shia Al-Sudani had been all the time supportive of the efforts of native governments, enabling them to satisfy their monetary obligations, full their primary tasks, and embody new tasks,” noting that “the Home of Representatives transferred (4.7) trillion dinars in Final yr’s price range, 2023, from the Ministries of Electrical energy and Oil, to the governorate budgets in Desk (E) as extra quantities to what the federal government allotted on the time, which was (5.2) trillion dinars, which compelled the federal government and Parliament to borrow and set texts so as to add allocations to cowl the transferred quantities, which elevated The deficit ensuing from this measure.”
The ministry confirmed that “the obvious variations within the allocations of the Kurdistan area embody the sovereign funding price range, together with licensing rounds for the Kurdistan area, amounting to (2.7) trillion dinars, which won’t be spent to cease the export of oil from the area, in accordance with the choice of the Federal Court docket, and that the disbursement to the Kurdistan area is conditional on the export of oil by ( SOMO) and hand over the area’s oil imports to the Ministry of Finance.”