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When will the 2019 budget be approved?

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rocky
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When will the 2019 budget be approved?

Post by rocky on Thu 11 Oct 2018, 2:30 pm


When will the 2019 budget be approved?

15:39 - 11/10/2018
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Financial expert Daoud Abdul Zair ruled out Thursday the adoption of the federal budget for 2019 during the current year, attributing to this failure to complete the formation of the new cabinet cabaret and the concern of the House of Representatives in forming the government. 
"The current House of Representatives is unable to approve the federal budget for 2019 and will be postponed to the beginning of the new year not to complete the new cabinet and the concern of the House of Representatives and political blocs to form a government." 
"It is supposed to examine the budget of 2019 three months ago, but the parliamentary elections and the transitional period caused otherwise," likely to "approve the budget at $ 55 to $ 60 per barrel of oil." 
Financial experts had expected to use the surplus of the 2019 budget in the electricity and housing sectors, stressing that the optimal investment of surplus funds will solve the crisis for the next 40 years.
The Ministry of Finance has announced, on Thursday, that the budget bill next year to ensure the installation of contractors according to the movement of owners in addition to the calculation of the duration of the contract as a service, while expected that the Council of Ministers an extraordinary session on Sunday for approval.

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weslin3
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Re: When will the 2019 budget be approved?

Post by weslin3 on Thu 11 Oct 2018, 9:34 pm

The Ministry of Finance has announced, on Thursday, that the budget bill next year to ensure the installation of contractors according to the movement of owners in addition to the calculation of the duration of the contract as a service, while expected that the Council of Ministers an extraordinary session on Sunday for approval.


We will see if they move quickly...Sunday???

    Current date/time is Tue 23 Oct 2018, 10:49 pm