Finance Committee: The state administration requested that the budget amounts not be affected

POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]

[size=52]Finance Committee: The state administration requested that the budget amounts not be affected[/size]

[size=45]The Parliamentary Finance Committee confirmed that the state administration coalition obligated it not to prejudice the budget amounts, pointing out the possibility of covering the deficit in full for this year. Committee member Jamal Cougar said, "The deficit included in the budget bill amounting to 64 trillion dinars is planned and not real, because it will be approved for a fiscal year that we have not passed."[/size]
[size=45]And Cougar continued, “Bridge the deficit will be through a sum of money amounting to 23 trillion dollars, which was not spent in the past year.” And he pointed out, “The year has passed half of it, and this provides us with a return that it did not spend the investment budget for the past period.”[/size]
[size=45]And Cougar stated, “The Finance Committee conducted negotiations with the ministries regarding its previous budget. We did not find there an institution that spent more than 80% of its budget.” And Cougar stated, “If this percentage is repeated this year, and with it what is round, the deficit will not exist and it will be fully addressed.” He noted, "The ministers' hosting did not affect the deficit and reduce it, because we were facing a political decision issued by the State Administration coalition, not to approach the total amount of the budget, which is 198.9 trillion dinars."[/size]
[size=45]Cougar pointed out, "Not getting close to the number, as this leads to the deficit remaining as it is," stressing that "the meetings showed us the imbalances in the budgets of the ministries and governorates, and we will address this through transfers."[/size]
[size=45]He stressed that "a number of issues reached through the meetings related to amendments that should be made to the law." Cougar added, "The law has reached its final stages and may be presented to a vote next week or the next." For his part, committee member Mueen Al-Kadhimi stated that "all the observations he presented during the second reading of the law were taken into account and discussed." He stressed, "The conclusion will be submitted to the House of Representatives and the State Administration Alliance," expecting that "the final draft of the law will be prepared next week, so that it will be put to a vote." And Al-Kazemi continues, “Some of the articles will set multiple options, leaving the deputies to vote for one of them.”[/size]
[size=45]And he stressed, “The ratification of the law will be during the current month, until it takes its way to implementation.” Al-Kazemi talked about “discussions with the Ministry of Finance in order to prepare the introductions to the instructions for implementing the law so that there will be no delay after the approval comes.”[/size]
[size=45]He stressed, “The agreement has secured the entry into force of the law to proceed with the ministerial curriculum at the beginning of next month.”[/size]
[size=45]Al-Kadhimi stated, "The law carried 800,000 job degrees, which is the fixation of contracts based on laws issued earlier, and thus the number of employees has increased to one million and 100 thousand, and this number needs 60 trillion dinars to secure salaries." And he stressed, “The salaries of these new appointees are after the approval of the budget, because its texts included financial coverage for them.” It is noteworthy that the Finance Committee has been holding meetings since last month with ministries, agencies and governorates, after Parliament completed the second reading of the draft, with the aim of preparing the final formulations and presenting it to a vote.[/size]
[size=45][You must be registered and logged in to see this link.]