Friday , May 7 2021

Financial Bill Debates 2019 Today



The Finance Bill 2019 will be presented today to the NPC by the Finance Minister Abderrahmane Raouya.

Subsequently, the debates will be opened in plenary and will continue until tomorrow. The deputies vote will take place on Thursday. The AFN Finance and Finance Committee will also present its report with proposals to amend or revoke certain provisions of this bill. It is already known that members of this Commission have revoked provision contained in this PLF, which was presented in its article 169 paragraph 4. The last one provides for the restriction of company advertising expenditure, which will failing to seriously change revenue recovery from the media, which has already been beaten by drop-in advertisements, especially the private sector. It should be remembered that the PLF2019 is based on a $ 50 bargain oil referral price, based on a 2.6% growth appearance and a 4.5% inflation rate. %. A slight increase in revenue was also noted in this bill compared to 2018, as it is estimated at 6508 billion dinars, and less than a third (23.9%) will result from petroleum taxes. On the other hand, costs are revised downwards compared to the previous year, which estimated at 8 557 billion dinars. However, the operating budget has been badly bad, despite this overall reduction in the spending episode, as more than 50%, or 4 954 billion dinars, are allocated on a temporary basis, with a slight increase for social transfers. which sold 1,763 billion men against 1,760 billion words last year. According to PLF2019, these are distributed in 445 billion dynars intended to help families, while pensions have 290 billion dinars, as well as a 500,000 billion diners endowment allocated to the CNR , a decision to revalued retirement pensions issued from 2019. The budget of equipment provided by this bill is 6,000 billion dinars, and 2.6 trillion dynars were allocated to program authorizations intended for new projects or projects. reassessments. There is a reduction, compared to the previous year, that the members will have to hide, in that it reflects a significant decline in public investment in the state.
Mr A. T.


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