Page 1 of 1
Legal expert explaining the exchange mechanism for the January 2020 budget
Information / private ...
Legal expert Tariq Harb confirmed, on Saturday, that the transitional or current government is legally obliged to disburse funds according to the January 2019 allocations beginning of 2020 because there is no budget, indicating that the exchange is for the operational budget only.
"The state is obliged to exchange," Harb told, "The fact that the failure to pass the 2020 budget will force the government to operate according to the Bremer law."
He added that "spending legally will be through relying on the 2019 budget and its allocations and through which the allocation of last January will be taken for the current year and it will be approved for the next January of 2020."
He explained that "the allocation will be deducted from the investment budget, allocations for contracts, projects, etc., and operating allocations will be spent only until the budget is approved." Ended 25 and
- VIP Member
- Posts : 15073
Join date : 2018-11-04
Page 1 of 1
Permissions in this forum:You cannot reply to topics in this forum