Parliamentary Finance: The next budget will be the highest in history spending and deficit
08:40 - 10/08/2019
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revealed the parliamentary Finance Committee, on Saturday, details of the budget next year and the amounts allocated to it, noting that preliminary estimates indicate that it will be about 150 trillion dinars, the highest in the history of [You must be registered and logged in to see this link.] a deficit of 72 trillion dinars.
A member of the Committee Ahmed Hama in a statement to the information that "the discussions on the budget is still ongoing, but the features of the budget as a draft law is to be about 150 trillion dinars."
He added, "The amount allocated within the budget next year will be the highest in the history of[You must be registered and logged in to see this link.] budgets by 150 trillion dinars, but the deficit will be about 72 trillion dinars."
Hama explained that "Parliament is moving towards reducing spending and reducing the budget deficit and not to rely on external debt as it is in this year, in addition to the budget's dependence on investment and multiple sources of income instead of relying on the sale of oil and an estimate close to the budget next year." Ended / 25 KD