Eleven years ago, the Lebanese parliament has approved the country's first budget

[ltr]Eleven years ago, the Lebanese parliament has approved the country's first budget[/ltr]

 Since 2017-10-20 at 17:05 (Baghdad time)
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[ltr]Mawazine News - Follow up[/ltr]
[ltr]The Lebanese parliament approved the first budget law for the first time since 2006, headed by Lebanese Parliament Speaker Nabih Berri, by a vote of 61 to 4, with 8 abstentions.[/ltr]
[ltr]The adoption of the budget after three days of discussions during the day and evening, during which 35 deputies, and Prime Minister Saad Hariri after the meeting that next week the government will begin meetings to study the budget in 2018.[/ltr]
[ltr]In this context, the MP in the Lebanese Parliament, Amin Wahbi said in a press statement that "the adoption of the budget pays for more political stability in the country, because the government act with the funds of the Lebanese people to build a vision approved by the representatives of the people, and therefore acted according to the budget law, and this leads to know the Lebanese state The size of imports and expenditures according to vision, and opens the possibility of planning and try to besiege the deficit, because it acted according to a vision agreed by the Lebanese.[/ltr]
[ltr]"There is a complex reality in Lebanon as a result of the war, and there was a way out, and the option before the House of Representatives is to stay without balance and exchange within the twelfth rule without an economic vision and without planning, or this director," Wahbi said. , And the Minister of Finance Ali Hassan Khalil that within months should have prepared all the accounts and therefore there is a possibility to return to the constitutional budget, and we did not have another solution.[/ltr]
[ltr]He stressed that "the atmosphere in the country has a role in the adoption of the budget, noting that" this has a positive impact, and will reflect positively on the economy. "[/ltr]
[ltr]He explained that "the government pledged to start discussing the budget 2018 next Monday, and therefore forwarded to the House of Representatives and approval within the constitutional deadlines, and this reassures the donor countries to Lebanon and international institutions and the World Bank, and strengthen the status of Lebanon."[/ltr]
[ltr]He added that "the economic situation in Lebanon is very difficult, there is unemployment, youth migration and there is a deficit in the balance of payments. There is no growth, and the adoption of the budget has shown the difficult situation of the economy and must be visible and public in order for the Lebanese state to know the deficit. If there is no budget to determine for the Lebanese any economic situation that exists, approving the budget is the first step of treatment. "[/ltr]




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