Economy News» Publishes The Budget Law 2018 !

[10 YEARS LATER]

1 hour ago, davis411 said:

If you want to share the expense on a basket then i am in

i dont take up alot of room

and i guarantee i wont move 

 

 

I’m up for that Davis . . . I don’t snore ( much ) and won’t stir a bit so long as I stay hooked up to my Scotch drip. 

[jmartin1145]

On ‎3‎/‎4‎/‎2018 at 12:20 AM, TexasMike1958 said:

 

Nothing from nothing leaves nothing.   Love it Love it love it

 

At least you got what I was trying to say TexasMike.

[DinarThug]

A Bit Of A Longer Read - But It’s In English !

 

     

 

 

LINK

Iraq's financial crisis casts a shadow over the 2018 budget

The Iraqi parliament approved the country's budget deficit of 10 billion dollars and the lack of jobs despite the rise of unemployment and support the status of popular mobilization

 

9th March, 2018

After months of heated discussions, Iraq's parliament approved the 2018 budget on the principle of majority rather than political consensus for the first time since 2003 after the alliance of Sunni and Shiite deputies and the reduction of the share of Kurds, but the budget reveals deep financial problems.

The Iraqi parliament approved last Saturday the general budget for the current year, three months behind the legal date, as the Financial Management Law requires the Council of Ministers to submit the draft budget to Parliament no later than 11 October each year, but the government failed this test because of differences between parties And the deep financial crisis that hit the country.

The budget depends on 90 percent of the oil imports, worth (88) billion dollars on the basis of the average price (46) dollars per barrel and an export rate of about three million and (800) thousand barrels per day, but the budget suffers from a deficit of $ 10 billion dollars, According to the law passed by parliament.

And became the Kurdistan region the biggest loser of this budget after the adoption of a majority within the parliament after the withdrawal of Kurdish deputies from the voting session to protest the reduction of the share of the region from 17 percent to 12.6 percent at a time facing the Kurds financial crisis suffocating and economic blockade imposed by Baghdad on the region's oil and customs imports since the referendum crisis The province on the secession from Iraq in September last and continues to this day.

Despite the differences between the Kurdish parties, they united in condemning the decision of the parliament, and some called for a boycott of the political process, while the leader of the Kurdistan Democratic Party Massoud Barzani silent since he abdicated the post of President of the Territory, said that what happened in Baghdad, Kurdistan, "while the head of the Kurdistan Regional Government, Nejirvan Barzani, the parliament's vote on the budget in the absence of Kurdish deputies" a collapse of the principle of partnership in the rule built by Iraq after 2003. "

The Kurdistan Regional Government is facing popular pressure because of the late salaries of employees. Education officials announced last Sunday to continue the general strike, while the atmosphere does not indicate the near resolution of the crisis between Baghdad and the Kurdistan region, despite the optimistic statements by officials of both sides for weeks, Last week to extend the air embargo imposed on the airports of Kurdistan for three months to confirm that the crisis deeper than it seems to become one of the challenges facing the country after the elimination of "Dahesh."

Last minute negotiations

Until last week, the Sunni deputies and the provincial deputy oil-producing provinces south of the country in the row of Kurds to reject the budget, but the government succeeded in satisfying them by agreeing to some of their demands in exchange for approval to pass the budget.

For months, Sunni parties have been demanding the allocation of exceptional funds to the liberated provinces for their reconstruction and the disbursement of salaries of state employees who have been suspended by the government since 2014 for fear of reaching terrorists. But months after the liberation of these cities, To force the government to do so through the budget, which actually happened.

MP Ahmad al-Jubouri said, "We were able to convince the government to approve the payment of salaries to the employees of the liberated areas, as well as granting them loans to help them build their destroyed homes, the return of dismissed army and police employees, and compensating the people of these provinces for government jobs for the previous three years, Including the terrorists 'control, "while the provinces' share of jobs went to the southern provinces.

As for the reconstruction of these provinces, Article (43) of the budget states that "an additional amount of $ 355 million will be allocated to the allocations of the governorates and areas under the control of the Islamic State for the purpose of supporting the restoration of stability and reconstruction of the infrastructure and distributed as follows: Ninewa ($ 152 million) (84) million dollars, Anbar (84) million dollars, Kirkuk (17) million dollars, Diyala (17 million dollars).

According to the powers of the provincial councils for 2013, the oil-producing provinces, the majority of which are in the south of the country, receive 5% of the revenues of each barrel of crude oil and another 5% per barrel of refined oil in the provincial refineries and 5% Natural gas produced in every province, but the government has not implemented this decision for years because of the financial crisis and need more funds, but the Shiite deputies forced the government this time to submit to the law.

The government reached a settlement on the demands of the Shiite provinces producing oil and gas. Article (2) of Chapter 2 of the Budget Law stipulates that "5% of the revenues of crude oil produced in the province and 5% (5%) of the natural gas revenues produced in the province, but the governorate has one or more of these revenues. "

For example Basra produces oil and has refineries to refine and also produce gas, and it must get (15%) of each barrel of oil, but it will get (5%), which is better than nothing, says the MP for the "National Alliance" Ammar Tohma .

"The budget also includes granting the oil producing provinces (20 percent) of the surplus oil revenues in the event of an increase in the price of a barrel of oil above the budget price of (46) dollars per barrel," he said.

The future of the "popular crowd"

The financial crisis in the country began in 2014 following the collapse of world oil prices and coincided with the sweeping attack on extremists and occupation of one third of the country. The formation of the "popular mobilization" forces of the Shiite factions, which today includes about 100 thousand fighters to increase the financial burden on the government of Prime Minister Haider Abadi.

Despite Abadi's attempts to dismantle these factions and select a group of them to integrate them into the army and police, it failed after the Shiite lawmakers succeeded in passing a law by a majority that considered the Shiite factions a formal armed force in October 2016 to put the government in front of the fait accompli and had to pay the salaries and arming them.

The new budget law allocates two and a half billion dollars for military expenditures, distributed as follows ($ 600 million) to the Ministry of Defense, $ 146 million to the Ministry of the Interior, $ 80 million to the Popular Forces, $ 80 million to the Anti- Terrorism, and the remaining amount will be allocated for the purchase of weapons.

But the leaders of the Shiite factions declared their condemnation of the budget hours after it was approved after the government considered the fighters of the "popular crowd" are not permanent employees, but contractors, and the salaries of their elements were set lower than the salaries of the Ministry of Defense.

Qais al-Khazali, the leader of "Asaib Ahl al-Haq" said in an official statement last Monday that the lack of equality heroes of the fighters "popular mobilization" with the fighters of the security services and not fix them on the permanent state owners and stay in the form of contracts in spite of all the sacrifices they made is "real betrayal in every sense of the word "He said.

No jobs .. More debt

The next danger lies in the country's alarming rise in unemployment, while the budget shows a series of austerity measures and new taxes that Iraq has not seen in decades.

For the first time, the government decided this year to stop all appointments to government jobs on which the majority of unemployed youth depend. The allocations of government jobs have been distributed over the past years, with varying percentages. For example, (37) thousand in 2014 and (30) thousand in 2015, while the share of 2016 (32) thousand and a few thousand in 2017, and this year there are no budget posts.

Article (11) of the third chapter of the budget, "the federal ministries to stop appointments within the formations belonging to them from public companies and self-financed bodies and directorates that receive a grant from the federal public treasury of the state or loans from government banks.

This decision threatens to increase the unemployment rate in the country to the proportions of serious, in 2012 the unemployment rate (16%), doubled in 2017 and reached (30%) because of the chaos left by the Islamic state and the displacement of millions, and is expected to increase unemployment with the end Year after government jobs were suspended.

Article 17 of the third chapter states that "the sales tax on the mobile phone and Internet service (20%) and sales tax
(5% , And a tax ($ 20) per ticket in all Iraqi airports.

Foreign debt is one of the tools used by the government to finance the budget over the past three years to enable it to fight the Islamic state and ensure that the country does not collapse economically. The country's debt reached about 130 billion dollars, including 70 billion foreign debts to states and international organizations, ) Billion internal debt.

This year, the government also decided to rely on debt to compensate for the fiscal deficit of 9% of the $ 88 billion budget by borrowing $ 10 billion from Arab and international countries, organizations and banks, notably Japan, Germany, Britain, Sweden, Italy and the United States, International and the Islamic Development Bank, as provided for in the budget in Chapter II financial deficit section.

But the biggest challenge facing the new budget is that it will coincide with the date of legislative elections scheduled for May, and this raises concerns about the exploitation of political blocs budget funds in the election campaign.

[DinarThug]

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Kurdish Deputy: Our preoccupation with the budget is not in our favor and infallible is unable to veto it

09:31 - 10/03/2018  

Confirmed the MP for the movement of change Kurdish Sherine Abdul Redha, Saturday, the lack of ownership of President Fuad Masum legal powers to refuse to sign the budget law, noting that the concern of the Kurds budget does not hurt their good.

"The President of the Republic Fuad Masum does not have any executive power and can not veto the budget law or another law as waved by some," said Abdul Redha in a statement to the "Information" that "the legislated laws in the House of Representatives are in force after 15 days from the date Legislation without the signature of the President of the Republic ".

She added that "the opposition to the adoption of the budget by the Kurdish parties and their preoccupation with them do not serve the interests of the Kurdish people and they have to approach the federal government the need to pay the salaries of the staff of the region."

Abdul Redha revealed earlier the authorization of the Kurdish parties, Deputy Speaker of the House of Representatives Aram Sheikh Mohammed to negotiate with Kurdish leaders on the response to the "uniqueness" of the decision and pass the budget.

[DinarThug]

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Deputies: Cut one million dinars of absentees in parliament because of the election campaigns
 

10th March, 2018
Legal Committee stressed member of the parliamentary Sadiq frankincense, Saturday March 10 2018 to impose sanctions on absent from the House of Representatives sessions due to election campaigns , including up to a million dinars for each session.

Al-Sabah newspaper quoted al-Laban as saying in a press statement that "the punitive measures that will be taken by the parliament's presidency against those who are absent from the deputies who are candidates for a new electoral cycle will reach one million dinars for each session.

He added that "the procedures of the presidency of the parliament against the deputies absent from the meetings because of the upcoming election campaign will be limited to financial tranches of up to one million dinars for each session."

The Ministry of Higher Education and Scientific Research issued a decision last week banning the election of university candidates and academic institutions to the specificity of universities that require maintaining their academic and academic identity, which does not allow the emergence of non-university indicators, especially during this period in which early elections are active.

About 7,000 candidates from various political blocs are vying for seats in the 320-seat parliament and 9 minority quotas in an election scheduled for May 12, 2018.

[DinarThug]

Budget and Elections

10/3/2018 12:00 am 

 

Dr.. Hussein Al-Kassed 

The budget has been preceded by attempts to abort suspicious, because the draft budget, which is one of the most important duties of the House of Representatives turned from parliamentary duty to something like a gift or a gift to some We have seen and heard and read speeches that states that this people is waiting for the budget which is the nerve of his life, which are very late speeches, which came on the lips of some detainees, and trying to prevent the budget from passing and voting, and the current session of the House of Representatives, The nature of the declarations is more of a character Because the country was engaged in a war against the darkness of the da'ashi, and life was waiting for the end of the war, between the end of the war and the declaration of victory, and between voting on the budget law, Iraq found itself on the verge of electing me, It is almost the subject of the budget is the only one claimed by all

 Now that the vote has been taken, the budget has cut the most difficult way towards recognition, as there is nothing left but validation.  

 We see that another propaganda phase has begun to rage clearly. The absence of appointment in the government departments for the budget items, some propaganda objections, and the share of the northern governorates. Of some of the appeal or complaint in the Federal Court, but some went further than this, when he said that the budget may not receive the approval of the Presidency of the Republic, which is said by specialists that it does not change the legality of the budget because it according to specialists will take its way to implementation after fifteen days of Date of launch. 

 This has compounded the crisis and widened the gap between the political parties. The larger the gap, the greater the electoral benefits, where the divergent speeches between the parties. Perhaps the person who challenges the budget is well aware that it has become a reality but does not want to neglect a media concession that increases its electoral fortunes.

 Between this and that, and between the mummification of life for three months waiting for the launch of the budget, and the launch and exit from the labor area to the political incubation and the stock market, it seems that this people have to wait more than waited, but waiting will not go on, because things are results, Has passed the labor, and will not return to him after it won the confidence of the vote, and perhaps the last card before the election of everyone to the arena of electoral conflict and the intensification of competition

link

[DinarThug]

Kurdistan Alliance retreat from the decision to challenge the federal budget

 

BAGHDAD - The Kurdistan Democratic Party (KDP), the head of the parliamentary legal committee, Mohsin al-Sadoun, announced on Saturday that the Kurdistan Alliance has withdrawn its decision to challenge the federal budget for 2018, pointing out that the appeal decision needs a unified Kurdish decision .

 

He said Saadoun, in a statement reported by the Patriotic Union of Kurdistan, "The Kurdish blocs will not resort to the Federal Court to challenge the federal budget for the year 2018 contrary to what is rumored."

He added that "the blocks sought to prevent the passage of the draft federal budget law because of the reduction of the proportions of the Kurdistan region to have failed," noting that "the decision to appeal or object to the budget law needs a unified Kurdish decision of the top leadership in the region." Finished

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[DinarThug]

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Kurdistan Alliance confirms its attendance at the next parliament session

 

11th March, 2018

The MP of the Kurdistan Alliance Mohsen al-Saadoun, Sunday, that the Kurdish blocs will attend the House of Representatives next Tuesday, indicating that the coalition authorized the heads of Kurdish blocs to accept the budget or stay on the rejection.

"The meeting of the House of Representatives next Tuesday will include important laws concerning the Arab people, Kurds and Iraq as a whole and that the Kurdistan Alliance will attend the meeting to discuss the important laws in parliament."

He added that "the Kurdistan Alliance authorized the heads of Kurdish blocs to accept the budget or stay on the rejection," pointing out that "the Kurdish blocs are still protesting the adoption of the general budget."

And ratified the House of Representatives early this month on the budget 2018 after political differences between the Kurdish blocs and the National Alliance blocs and the Union of Forces. 

[NEPatriotsFan1]

Abadi seems to be out thinking them every step of the way! Make Iraq Great Again

41 minutes ago, DinarThug said:

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Kurdistan Alliance confirms its attendance at the next parliament session

 

11th March, 2018

The MP of the Kurdistan Alliance Mohsen al-Saadoun, Sunday, that the Kurdish blocs will attend the House of Representatives next Tuesday, indicating that the coalition authorized the heads of Kurdish blocs to accept the budget or stay on the rejection.

"The meeting of the House of Representatives next Tuesday will include important laws concerning the Arab people, Kurds and Iraq as a whole and that the Kurdistan Alliance will attend the meeting to discuss the important laws in parliament."

He added that "the Kurdistan Alliance authorized the heads of Kurdish blocs to accept the budget or stay on the rejection," pointing out that "the Kurdish blocs are still protesting the adoption of the general budget."

And ratified the House of Representatives early this month on the budget 2018 after political differences between the Kurdish blocs and the National Alliance blocs and the Union of Forces. 

 

Thanks Thug..... You're making my morning  

 

[DinarThug]

1 hour ago, NEPatriotsFan1 said:

Thanks Thug..... You're making my morning  

 

Yo Snap - Is It Still Morning ?  

 

 

When I Woke Up This Morning I Started Searching Everywhere Under My Pillow Because I Thought That I Had Lost An Hour !  

 

     

[idplzr]

2 hours ago, NEPatriotsFan1 said:

Abadi seems to be out thinking them every step of the way! Make Iraq Great Again

 

Thanks Thug..... You're making my morning  

 

Much like President Trump, Abadi seems to be negotiating from a position of strength. 

[DinarThug]

Call for a reduction of public debt in the budget of 2018

12/3/2018 12:00 am 

To keep it under control 

Baghdad / Emad Al-Amara

The budget of 2018 approved financial revenues of 91 trillion and 643 billion and 667 million and 236 thousand dinars, calculating the estimated revenues from the export of oil on the basis of the average price of 46 dollars and the export rate of 3 million and 888 thousand barrels per day, including 250 thousand barrels of crude oil produced in the northern provinces; The total deficit planned for the federal budget for the fiscal year 2018 amounted to 12 trillion and 514 billion and 516 million and 498 thousand dinars, covered by the abundance realized and then internal and external borrowing. 
And between the academic economist d. "It is important that there be a clear picture in the budget items on how to pay the debt both internally and externally, and make it always under control to keep away from accumulating, which may compound the difficulty of repaying the date of entitlement." 

Economic resources

"Iraq, with huge economic resources, is able to control its debts if there is a strategy adopted in the management of public debt, and that the current circumstances may make his inability to manage his public debt, an obstacle to the policy of investing this debt annually." 
"Given the challenges Iraq faces in controlling its financial capabilities and managing its public debt, there must be strict policies and measures in controlling public spending, which should be included in the public budget," he said. 

Activation of sectors

Called the narrator, to "activate the provisions of the general budget of the positive side through the adoption of strategies to work on the revitalization of economic sectors to diversify sources of national income, which strengthens the general revenues that are in the interest of the general budget, and not rely on oil revenues only," noting that " 50 percent of public spending under low price conditions. Therefore, unwarranted spending in the current budget and budgets should be reduced. Control of spending should be tightened by tightening financial controls and enhancing the role of integrity, while maximizing public revenues in a way that does not decrease. The people of the citizen. "  

Financial Reserve

"The importance of adopting fiscal policies commensurate with low revenues in the preparation of budgets for the coming years to reduce the deficit as much as possible, and reduce the recourse to the financial reserves in the Central Bank of Iraq to fill the deficit in public budgets in order to preserve the financial reserve of Iraq, which is one of the economic constituents of Iraqi society" . 
He stressed the need to direct the amounts borrowed to finance public service projects to improve their level, especially in the field of electric power, water, health and education services, and to make a diplomatic and financial effort to enter into negotiations with the Gulf countries and exploit the change of positive Gulf position from Iraq to reach a final solution to Iraq's debt with these countries. 

Signing contracts

He pointed out that "financial institutions have to mediate with the oil companies that have been signed licensing contracts with them to review some of the items included in those contracts, especially with regard to the large costs borne by Iraq as a result of the development of oil fields and commensurate with the price of oil in the international market, Interest of increasing revenues of the state budget. " 
"It has become necessary to take quick and practical measures to address the decline in oil revenue revenues to finance the budget items, through the main measures of reviewing public budgets away from rent projections and raising all unnecessary expenses," he said. 

Annual growth

 He called for "taking measures to address the budget deficit by stabilizing the budget growth by adopting a rate commensurate with the annual growth rate of the gross output and not making its development a function of oil rent." There should be an efficient allocation of financial resources to the investment platform, And to increase their ability to provide the basic material components to achieve economic development He 
concluded by referring to the importance of "activating non-oil revenues to counter the risks of lower oil prices on the budget, which is the main source of budget preparation in non-oil countries , Such as the activation of the tax system and public fees, through the need to carry out real reforms in the tax system and promote it to the level that achieves the objectives required of it, primarily the goal of funding for public budgets

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[ScaryMary]

Where are we going and why am I in this basket?  Get’er done.

[DinarThug]

11 minutes ago, ScaryMary said:

Where are we going and why am I in this basket? 

 

Because Over A Decade Ago The Gurus Told Us This Was A Slam Dunk !  

 

     

[MFA]

[DinarThug]

 

LINK

Alaq from Erbil: The delegation of the federal government is working on coordination with the region to unify taxes
 

12th March, 2018

The governor of the Central Bank of Iraq Ali Alak, on Monday, that the delegation of the federal government, which is visiting Erbil is currently working on coordination with the Kurdistan region to consolidate taxes, while confirmed the readiness of the bank's branch in Kurdistan to pay the salaries of employees in the event of an order from Prime Minister Haider Abadi.

Alaq said in a press conference held in Erbil and attended by "Economy News", "The visit of the delegation of the federal government Erbil aims to meet with the Minister of Finance of the Kurdistan region to coordinate on the collection of taxes and standardization and remove problems in this area," noting that "the delegation works to activate the role of the bank Central in the Kurdistan region. "

"We are working to reach an agreement on this issue tomorrow to facilitate banking operations in the Kurdistan region," he said, adding that "the central bank branch in the region is ready to pay the salaries of employees in the event of an order from the Prime Minister (Haider Abadi)."

A delegation from the federal government, headed by the governor of the Central Bank of Iraq Ali Alaak, on Sunday, to Erbil to discuss financial files with the Kurdistan Regional Government

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The Central Bank announces the readiness of the amounts required to pay the salaries of the employees of the region

 

 

12th March, 2018

The Central Bank of Iraq announced on Monday that the amounts required to pay the salaries of employees of the Kurdistan region ready in the central branch in Erbil, and they are waiting for the instruction of Prime Minister Haider Abadi.

 

The Governor of the Bank Ali Alaq at a press conference held in Arbil followed by / Mawazin News, "The statement by the Prime Minister at the last conference is the news that you have heard and heard, too, and we look good, as for our visit is to the branch of the Central Bank in Erbil as well as coordination with the Ministry of Finance In the region, to coordinate some of the matters related to the regulation of the banking sector in the region.

The governor added that "the central bank usually keep amounts in its branches, and if there is a request to pay to certain parties, we have to respond to these calls, if the government has the intention to pay salaries and this is what we hope, of course, we are ready and the amounts exist, if we came to Before the prime minister. " This came in response to a question on the presence of more than 250 billion dinars in the branch of the Central Bank of Iraq, and whether to pay the salaries of employees in the region or not.

He pointed out that "the indicators we hear in the recent period indicate that things will be positive, and there are no options but there are agreements on things."

[Flamtap]

Mo' Betta and Mo' Betta. Thanks Thug

[tigergorzow]

DT Thanks,  Heck yeah moving forward in a very positive direction...-@))

[DinarThug]

>>>>>>>>>>>>

World Bank may sanction Iraq for 'non-compliance'

 

March 12 2018 12:12 PM

 

World Bank may sanction Iraq for 'non-compliance'

 

The World Bank may sanction Iraq for non-compliance, Iraqi economist Manaf al-Sayegh said on Monday.

In a statement, Sayegh said that the World Bank cannot halt or impede voting on 2018 budget as it is considered Iraqi internal affair, adding it only can punish Iraq by preventing it from borrowing.

It may also impose a special fiscal policy that makes it financially burdensome for Iraq and it may suffer for years because of sanctions

Al-Sayegh stressed that it is better for Iraq to submit its new financial policy to the bank after the approval of the budget.

The World Bank in Iraq manager Yara Salem has criticized the mismanagement of Iraqi economy due to the increase of public servants who are redundant.

She stressed the importance of the partnership between the private and public sectors amid the challenges facing public corporations.

Salem confirmed that Iraqi economy is suffering from many problems including unemployment and high production costs of the public companies.

These problems are main obstacles that contest reform and reconstruction process.

link

[DinarDavo]

32 minutes ago, DinarThug said:

Al-Sayegh stressed that it is better for Iraq to submit its new financial policy to the bank after the approval of the budget.

 

Submit already !!!  

[DinarThug]

30 minutes ago, DinarThug said:

World Bank may sanction Iraq for 'non-compliance'

 

March 12 2018 12:12 PM

 

World Bank may sanction Iraq for 'non-compliance'

 

The World Bank may sanction Iraq for non-compliance, Iraqi economist Manaf al-Sayegh said on Monday.

In a statement, Sayegh said that the World Bank cannot halt or impede voting on 2018 budget as it is considered Iraqi internal affair, adding it only can punish Iraq by preventing it from borrowing.

It may also impose a special fiscal policy that makes it financially burdensome for Iraq and it may suffer for years because of sanctions

Al-Sayegh stressed that it is better for Iraq to submit its new financial policy to the bank after the approval of the budget.

The World Bank in Iraq manager Yara Salem has criticized the mismanagement of Iraqi economy due to the increase of public servants who are redundant.

She stressed the importance of the partnership between the private and public sectors amid the challenges facing public corporations.

Salem confirmed that Iraqi economy is suffering from many problems including unemployment and high production costs of the public companies.

These problems are main obstacles that contest reform and reconstruction process.

link

 

Crank Up The Duet With The Late Great’s David Bowie And Dead Freddy Mercury With ‘Under Pressure’ !  

 

     

[DinarThug]

Deputy: Parliament directed the Ministry of Finance to launch budget allocations 2018

PM 1:27:25 3/17/2018
Follow the obelisk through its channel in the Telegraph application
BAGHDAD / obelisk: MP for the National Alliance Amer Hussein, Saturday, March 17, 2018, the official guidance of the Parliament, the Ministry of Finance to launch budget allocations 2018, .considering the objection of President Fuad Masoum for electoral reasons.
Hussein said in an interview followed by the obelisk, that the House of Representatives formally addressed, the Ministry of Finance to launch allocations budget in 2018 after 15 days from the date .of sending to the presidency of the Republic.
 

[ChuckFinley]

Thanks Thug, these guys will not move unless it means money coming out of their pockets. Then they cannot move fast enough.

 

[Laid Back]

16 minutes ago, DinarThug said:

House of Representatives formally addressed, the Ministry of Finance to launch allocations budget in 2018 after 15 days from the date .of sending to the presidency of the Republic.

 

Clown, I hope we get our budget allocation too.... Go RV 

[Synopsis]

1 hour ago, DinarThug said:

 House of Representatives formally addressed, the Ministry of Finance to launch allocations budget in 2018 after 15 days from the date .of sending to the presidency of the Republic.

 

Thank You, DinarThug, for this AND all the other Great Articles You post AND The Best Of Your Weekend To You!!! 

 

Maybe somebody can help me out here. I thought the yearly budget HAD to be posted in the Gazette BEFORE administrating the budget???!!!

 

Also, math may not be serving me well but March 3 + 15 days = May 18. An argument could be made that May 18 would have to be expired so the 2018 budget allocations would begin on May 19. So why are these items being administered a day (or two) early AND not having been published in the Gazette (if they need to do that) first???!!!

 

What's the rush???!!!

 

Well, OK,.............................................

 

Go Moola Nova (YEAH, BABY!!!)!!!