Urgent financial parliamentary: technical readiness of the budget and present it to the presidency of the parliament next Monday

2015/12/9 15:58

the parliamentary Finance Committee announced the readiness of the draft budget law for fiscal 2016 from a technical point.
This was followed by Chairman of the Committee Faleh in force in the parliament session today the report of his committee about the stages of completion of the draft budget and said the law to reduce capital expenditures compared to an increase of operating expenses.

"He noted the force to" reduce the non-oil revenues of more than 1 trillion and 700 billion dinars, "alluding to" finish of the budget discussion with the Ministry of Finance and all the concerned authorities and the completion of discussions over the next five days. "

he declared force "the determination of the Finance Committee to provide the budget after these discussions to the Presidency of the Council next Monday."

The House of Representatives has completed in its meeting in 22 of the last month to discuss to bill the federal budget for the 2016 law, while the cabinet reshuffled them to reduce the deficit, estimated at 22.7 trillion dinars, the equivalent of 21% of total expenditure compared to the expenses of 106 trillion dinars.

For her part, member of the parliamentary finance committee Majida al-Tamimi, said the amendment the government on the budget reduce total expenditure by five trillion dinars to be 101 trillion dinars.

According to what she said Tamimi, the size of the deficit in the new reduction of the budget [101 trillion dinars] with the same imports survival of the [84 trillion dinars] will drop to 17 trillion dinars and constitute 16.2% of the total AlAlmoisnh.anthy