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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 have received a summary of the federal budget

    Rocky
    Rocky
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    Parliamentary Finance: We have received a summary of the federal budget Empty Parliamentary Finance: We have received a summary of the federal budget

    Post by Rocky Fri 17 Mar 2023, 4:41 am

    [size=35][size=35]Parliamentary Finance: We have received a summary of the federal budget[/size]
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    Sumerian special

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    2023-03-16 | 15:07
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    A member of the Parliamentary Finance Committee, Representative Moeen Al-Kazemi, confirmed today, Thursday, that the tripartite budget approved a large deficit, indicating that the summary of the federal budget has been received.


    Al-Kazemi said, in an interview with the Twenty program broadcast by Alsumaria TV, that "the Sudanese government approved the tripartite budget with a large deficit, but it is working very seriously to implement its government project and ministerial program through support from everyone."






    He added, "We received a 14-page summary of the budget from the [url=https://www.alsumaria.tv/Entity/3238106360/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Ministry of Finance[/url], and it is a general summary. It is hoped that you will arrive in detail in the coming days for discussion in Parliament."

    Al-Kazemi indicated, "Consensus is not a condition for approving the budget, and Parliament is determined to approve the budget, which came in a very large number after the 2021 budget."

    And he indicated that “one of the powers of the Finance Committee is to reduce the amount of the budget in addition to the transfers and the large deficit in violation of the budget instructions, which it recognizes that it should not exceed 3% of the total budget, which the government confirmed that it will cover the budget deficit through the differences in the sale of oil and other financial resources and the financial abundance in State Treasury".

     
    Al-Kazemi pointed out that "there is a note on the implementation of investment projects, unlike operational projects, and if the government is able to implement investment projects, it will be a great achievement for the government, such as projects in liberated governorates and poor governorates, for which large sums have been allocated. They must be clear and transparent because there are large sums within their allocations."

    He explained, "Giving investors plots of land in [You must be registered and logged in to see this link.] to establish housing complexes is marred by a lot of corruption, because these complexes are sold for imaginary amounts that a simple citizen cannot buy, and the government should follow up on this issue because of its great importance affecting the lives of citizens."

    And Al-Kazemi indicated that “the Ministry of Finance gave a price per barrel of $70, while it was agreed that the price of a barrel would be set in the budget at $65. On this basis, a price of $70 per barrel was approved after confirmation[url=https://www.alsumaria.tv/Entity/1956186754/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%81%D8%B7/ar/]Oil Ministry[/url]The price of a barrel will not fall below this price until 2025," he added, "compensation for the budget deficit will be made by returning the looted and stolen funds, in addition to the Iraqi assets abroad from the funds of the former regime, which must be returned to be supportive of the 2023 budget."

    Al-Kazemi stressed that "the exchange rate of the dollar may need two months in order to stabilize it and enable merchants to receive their remittances and stabilize the local market," explaining that the government and the central bank must monitor the work of banking companies to grant circumvention of the dollar's exchange rate.
    And he indicated that "the salary scale is being reviewed by a committee assigned to work on its approval, and what delays its implementation is the financial abundance, and if it is available during the second half of the current year, it will be approved, and if sufficient allocations are not available, it will be transferred to the next fiscal year," stressing that "the new salary scale has To be approved at the end of the current year or the beginning of the next year.
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