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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliamentary Finance: We cannot pass the budget unless we tackle the issue of financing the deficit

    Rocky
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    Finance - Parliamentary Finance: We cannot pass the budget unless we tackle the issue of financing the deficit Empty Parliamentary Finance: We cannot pass the budget unless we tackle the issue of financing the deficit

    Post by Rocky Sat 28 Dec 2019, 2:42 am

    Parliamentary Finance: We cannot pass the budget unless we tackle the issue of financing the deficit
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    Economie


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    2019-12-28 | 03:36
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    Head of the Parliamentary Finance Committee, Haitham Al-Jubouri, confirmed on Saturday that the deficit in the next year's budget amounts to 48 trillion dinars, which is a realistic and unfunded deficit, noting that the budget cannot be passed if the financing issue of the deficit is not addressed.



    Al-Jubouri said in an interview with Alsumaria News, "The amendment of the financial administration for which the reading has been completed, is aimed at recycling the amounts allocated to the governorates in the next budget to be a mechanism and a rule followed by all upcoming budgets in order to continue providing services in case the budget is not approved for any reason."







    Al-Jubouri pointed out that "the budget for the next year up to the moment suffers from a very large deficit of 48 trillion dinars," proceeding to the saying: "We do not have a cover to finance all deficits."

    He explained, "25 trillion dinars of the deficit can be addressed, but the other 23 trillion do not have any money to cover it and this is the problem that caused the government not to send the budget to Parliament," adding that "the deficit is a realistic and unfunded deficit and in the absence of thinking about the sources of funding, do not think We can pass the budget like this. "




    The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar stressed, last Wednesday, that the expected deficit in the budget for next year will reach 48 trillion dinars, making it the "largest in the history" of [You must be registered and logged in to see this link.] budgets , ruling out the possibility of sending the current government to the budget as a caretaker government.


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