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"I see this as a statement they are adjusting the budget numbers to reflect the upcoming revaluation.
This will be done to meet the IMF requirements".
IMHO, Phoenix
11.5.2011Financial budget file ends in 2012
Federation: Ministry of Finance announced on Friday, preparing a file from the end of the 2012 budget in line with the agreement with the International Monetary Fund and the amounts necessary for lifting the value of its investment.
Said Undersecretary Fadel Prophet's (Rn) and the Ministry of Finance has worked to raise the amount of investment compared to the value value value amounts within the operational budget in 2012.
He added that the budget in 2012 is ready for submission to the House of Representatives and is awaiting the return of Finance Minister Rafie al-Issawi of travel for the purpose of viewing and presented in the sessions of the prime minister after the end of the holiday Eid al-Adha. He said the budget in 2012 will focus on development projects with ease in the proportion of operational projects.
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