Economy

Are There Obstacles to Approving the Budget?

Are There Obstacles to Approving the Budget?

Independent MP Adib Abdul-Masih pointed out that "there are obstacles that may hinder the approval of the budget amid parliamentary division over it." He mentioned in a conversation with "Al-Anba" electronic that he does not know the exact position of the sovereign forces regarding whether the budget is acceptable to them or not. The problem lies in the laws and the addition of clauses, which exacerbates the crisis. This is what led us to reject the budget the last time it was presented to us, with a retroactive effect for the customs dollar at 12,000 pounds, while all payments were made based on a dollar rate of 1,500 pounds. It is also not permissible to calculate revenues from the beginning of the year. For example, after examining the accounts, it was found that the deficit reached 29,000 billion pounds." He expected that the sessions would witness heated discussions that could lead to the budget not being approved.

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