In Numbers… An Economist Reveals The Fate Of Last Year’s Budget Surplus
In Numbers… An Economist Reveals The Fate Of Last Year’s Budget Surplus
01/04/2022 | 6:40 PM
Information / special
The economic expert, Dia Al-Mohsen, confirmed, on Tuesday, the existence of corruption and failure of the government in managing the financial aspect and its failure to manage the country’s economy within the budget of the past year, describing its claim of a rise in the central bank’s reserves as a “lie.”
Al-Mohsen said in a statement to the “Information” agency, that “the data indicated the existence of failure, failure and great financial corruption by the caretaker government in managing the budget of the past year, since there were about 33 percent of the budget’s funds of unknown fate,” noting that “the government is responsible for the disappearance of those funds.” money.”
He explained that “the budget of the past year was approved in the amount of 128 trillion dinars, and the actual expenditure for the investment and executive sectors was 90 trillion, which means that there is a surplus of 38 trillion dinars whose fate is unknown,” wondering, “Are there final accounts prepared by the ministries with regard to expenditures within that budget and the ways of spending them?” “.
He pointed out that “the government’s claim of a rise in the central bank’s reserves of hard currency is a lie because it came through an increase in the dollar exchange rate in local markets, as well as an increase in oil prices in global markets.” Ended 25
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