Lebanese parliament approves first budget in 11 years[/rtl]
[rtl]Release date: 2017/10/20 15:55 • 118 times read[/rtl]
(International: Euphrates News) The Lebanese parliament approved the first budget law for the first time since 2006, headed by Speaker of the Lebanese Parliament Nabih Berri, by a vote of 61 votes, 4 votes against and 8 abstentions.
The adoption of the budget after three days of discussions during the day and evening, during which 35 deputies and Prime Minister Saad Hariri said after the meeting that next week the government will begin meetings to study the budget in 2018.
In this context, said MP in the Lebanese parliament Amin Wahbi said in a press statement that " The government is acting with the funds of the Lebanese people to build a vision approved by the representatives of the people and thus act according to the budget law. This leads to the Lebanese state to know the volume of imports and expenditures according to vision and opens the possibility of planning and trying to besiege the deficit, They acted according to the vision approved by the Lebanese. "
"There is a complex reality in Lebanon as a result of the war, and a solution has been found, and the option before the House of Representatives is either to stay without balance and to exchange within the twelfth rule without an economic vision and without planning, Finance Minister Ali Hassan Khalil pledged that within a few months he had prepared all the calculations and therefore there was a possibility of returning to the constitutional budget, and we had no other solution. "
He stressed that "the atmosphere in the country has a role in approving the budget, pointing out that" this matter has a positive impact and will be reflected positively on the economy. "
He explained that" the government pledged to begin discussion of 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 strengthens the status of Lebanon. "
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. "