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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Government advisor: Controversy over the food security law is inevitable

    Rocky
    Rocky
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    Government advisor: Controversy over the food security law is inevitable Empty Government advisor: Controversy over the food security law is inevitable

    Post by Rocky Wed 30 Mar 2022, 5:16 am

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    [size=52]Government advisor: Controversy over the food security law is inevitable[/size]

    [size=45][You must be registered and logged in to see this image.]The economic advisor to the Prime Minister, Mazhar Muhammad Salih, said, on Wednesday, that the controversy that occurred due to the Food Security Law is an “inevitable controversy” because the law contains expenditures and affects the poor segments of society.
    Saleh said in an interview that “the government at the present time does not have a budget for this year, so the disbursement is based on the amended Financial Management Law No. 6 of 2019, which contains paragraph 13 that permits disbursement according to the 1/12 rule of current, actual and continuous expenditures from the past year in a way. Continuous, that is, actual spending and not emergency, meaning that this law came from oil surpluses.”
    He added that “the 1/12 rule calculated the price of a barrel of oil at $45, so there is a surplus, and for that the Ministry of Finance submitted a two-pronged bill: the first is an expenditure ceiling of up to 35 trillion dinars, 25 trillion dinars of which is to support the ration card, farmers, social care, granting the poor and addressing Poverty is all within it, and the second prong there is 10 trillion dinars to borrow, and this borrowing may be a precaution and the government does not resort to it, and here we have two types of exchange; The first is for food emergencies, and the second is 1/12.”
    Saleh continued, “Therefore, there will be two types of exchange; The first is covered by the Financial Management Law, and the second by the Food Emergency Law,” noting that “the question is whether this law will be a substitute for the general budget? This was the reason for the House of Representatives controversy regarding this law, as the parliament’s trends are towards issuing a law related to food and the poor only, as Parliament requests that the draft budget be submitted if the government has the authority to send laws.”
    And he indicated that “the failure to send laws issued in accordance with the instructions of the Council of Ministers on the caretaker government, that it does not have the right to submit draft laws and is not entitled to appoint, but when necessary, these instructions can be suspended,” noting that “Parliament may shorten this law to food subsidies and grants to the poor and others.” It is a matter of issues and proceeds with the law, as it can not vote on this law, but the harm will be on the poor segments because the law concerns the social welfare segments and the increase of the ration card. Therefore, Parliament may vote on some paragraphs of the law and cancel the rest, and it may proceed with the law and demand the government to balance it as soon as possible Possible,” noting that “this law ends with the end of the fiscal year or the submission of the budget law.” finished/25[/size]
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