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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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Al-Kazemi’s advisor: There are fears of entering 2023 without a budget

rocky
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Al-Kazemi’s advisor: There are fears of entering 2023 without a budget Empty Al-Kazemi’s advisor: There are fears of entering 2023 without a budget

Post by rocky Sun Aug 14, 2022 9:38 am

[size=46]Al-Kazemi’s advisor: There are fears of entering 2023 without a budget[/size]
Economie
15:45 - 08-14 2022
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On Sunday, August 14, 2022, Adviser to the Prime Minister, Mazhar Muhammad Salih, warned of what he described as a “financial blockade,” while indicating that there are fears of entering 2023 without a budget.
Saleh said in a press statement, "One of the most serious concerns that is currently being raised is the public finance problem, which may enter into a financial impasse or blockade," noting that "there are no exchange powers at all. The absence of a budget law in the following year, spending at the rate of 1/12 of the actual expenditures made in the previous year’s budget.”
Saleh added, "The fears are entering 2023 without a budget, so what is the exchange rule in this case with the absence of the 1/12 rule? .. The Emergency Food Security Law No. 2 of 2022 expires at the end of this year."
Saleh explained: The public finances will be in trouble, unless the prime ministers and the republic resort to the Federal Court to obtain a decision that allows them to continue spending according to 12/1 in 2023 until the legislative arrangements are completed to issue and accept the 2023 budget, even if it is a caretaker government.
According to the chancellor, the federation can issue a decision that protects the interests of the people and the economy from stagnation by what is called force majeure.

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