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Economic expert: 2014 budget is calculated according to the 12/1 system will reflect negatively on the financial revenues of the state
Wednesday, November 26, 2014
Promised an economic expert, peace Sumaisem, consultant civil Bankers Association, the method of calculating the current year's budget, according to a 12/1 system will reflect negatively on the financial revenues of the state.
She explained Sumaisem in a statement seen by rectitude, that the newspaper "the government resorting to budget approval by the way 1/12 /, which includes expenses tab and revenue division of the budget on the number of months of the year, and therefore the disposal of each month financial exaggeration, will leak a lot of resources tunnels and not set fiscal revenue allocated to the ministries, departments and provincial services. "
She added: "The relevant authorities resort, according to the law of financial management, the way 1/12 / when they are forced, and does not have an approved and certified by the legislature's budget, whereupon spend according to monthly estimates. It is in this way contribute to the leakage of spending a lot of resources and not tuned financial revenue. "
Sumaisem confirmed, "This way a solution made an emergency landing, not a logical solution."
The sources pointed out that the Council of Ministers will be sent in the next few days, next year's budget to parliament after agreeing Aliha.anthy 9
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Wednesday, November 26, 2014
Promised an economic expert, peace Sumaisem, consultant civil Bankers Association, the method of calculating the current year's budget, according to a 12/1 system will reflect negatively on the financial revenues of the state.
She explained Sumaisem in a statement seen by rectitude, that the newspaper "the government resorting to budget approval by the way 1/12 /, which includes expenses tab and revenue division of the budget on the number of months of the year, and therefore the disposal of each month financial exaggeration, will leak a lot of resources tunnels and not set fiscal revenue allocated to the ministries, departments and provincial services. "
She added: "The relevant authorities resort, according to the law of financial management, the way 1/12 / when they are forced, and does not have an approved and certified by the legislature's budget, whereupon spend according to monthly estimates. It is in this way contribute to the leakage of spending a lot of resources and not tuned financial revenue. "
Sumaisem confirmed, "This way a solution made an emergency landing, not a logical solution."
The sources pointed out that the Council of Ministers will be sent in the next few days, next year's budget to parliament after agreeing Aliha.anthy 9
[You must be registered and logged in to see this link.]
