Cabinet Holds New Budget Session, to Meet Again Saturday
Cabinet held a session Friday morning that was dedicated to continuing the discussion of the draft state budget.
The deliberations will be continued in a session that will be held tomorrow, Saturday, at 9am.
MTV reported that the session will last till 1pm in a bid to approve the state budget.
The acting information minister had announced Thursday that the budget would be approved today, Friday.
“Today’s Cabinet session focused on discussing the numbers, especially regarding the customs dollar, without managing to reach an agreement,” al-Jadeed TV reported.
The issue of a treasury loan for power generation was not discussed in the session, according to MTV.
“I don’t want a loan for electricity and hiking the tariff would be enough to purchase fuel and impose a financial balance,” Energy Minister Walid Fayyad told the TV network.
Source: Naharnet
| Copyright © 2012 Naharnet.com. All Rights Reserved. | https://www.naharnet.com/stories/en/287533 |