Deficit stood at 74 billion dinars budget did not come down on paper not in Gazette
Deficit stood at 74 billion dinars budget did not come down on paper has not been published in the Official Gazette
20/01/2016 04:29 PM
Parliamentary Finance Committee revealed, on Wednesday, that the federal budget for the current year deficit of $ 74 billion of the $ 94 billion budget exist, stressing that the budget has not been published in the Official Gazette so far. He said committee member Abdul Qader Mohammed said that "the current year budget in 2016 remain just ink on paper its provisions did not apply yet," noting that "the draft budget has yet to be published in the official newspaper the facts." "The budget deficit of $ 74 billion of the $ 94 billion found in the Federal Assembly of the country's budget," stressing that "it is supposed to government and related parties should make more effort and seriousness to resolve the outstanding and recurrent cases per year when initiating the preparation of the budget." He pointed out that Mohammed "a surging budget deficit leads to the need to emphasize the proper planning of the budget and in the early adoption of adequate transparency in their resources and all aspects of exchange and direct resources in order to achieve a real balanced and sustainable development."