[size=36]Parliamentary Finance: The 2020 budget deficit exceeds 48 trillion dinars[/size]
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suggested that the Parliamentary Finance Committee will reach next year's budget 162 trillion dinars and a fiscal deficit in excess of 48 trillion dinars.
The decision of the Parliamentary Finance Committee, MP Ahmed Al-Saffar said, "The Financial Management Law obliges the government to send the draft budget law to Parliament on October 10 of each year, but its transmission to Parliament has been delayed due to the demonstrations and incidents that the country witnesses, and the events that have led to a conspiracy. Government to conduct business. "
He pointed out, "The caretaker government is not entitled to send bills to parliament, but only to run the affairs of the state on daily completion of the budget."
And, "The government is continuing to implement a temporary budget, and as happens every year by applying the budget at a rate of 12/1 for the first three months of next year, but it includes operational spending only without investment or grades, contracts, etc. only, to conduct business until the budget is complete."
He continued, "A committee has been formed to review the budget and it can be discussed under the chairmanship of the President of the Republic and sent to Parliament as soon as possible."
He pointed out, "The Finance Committee needs time to discuss the budget from 40 to 45 days. In all cases, the budget will be delayed until the second month of the year, so the next one will be at least and implemented, perhaps in the third or fourth month of the next year."
Regarding the size of the 2020 budget, Al-Saffar said: "During our contact with some members of the budget committee headed by the Council of Ministers, the budget is estimated at 162 trillion, and they assured us and revenues of 114 trillion dinars in general expenses."
Al-Saffar continued: "The proportion of investment expenditures in the budget of the year ranges between 25 to 30 percent, despite the operating expenses in each year that began to expand at the expense of the investment due to the increased expenditures." Ended 29 / A 43