By RFIPalled on 12-05-2019Modified 12-05-2019 at 22:36
In Madagascar, the adoption of the amended Finance Bill 2019 is taking longer than expected. The amended Finance Act modifies the provisions of the initial Finance Act according to the economic context and / or during a change of government. It is crucial because the general policy of the state depends on it. Ministers are still working on it.
In a statement released on its Facebook page on Friday, the presidency states that " the budget for each ministerial department is studied carefully according to a vision of good governance. "
On a television channel on Friday, the Minister of Finance said the bill required " a complete overhaul because of certain anomalies found in the original Finance Act. "
" Each budget will be changed, which explains its postponed publication, " he added. It is necessary to adapt the law to the 13 Velirano, the 13 promises of the IEM (Initiative Émergence Madagascar, editor's note) to the State budget.
A budget to which the World Bank has just allocated 100 million dollars
especially for good governance of the electricity sector.
The Velirano are ambitious: employment for all, access to healthcare, creation of new cities to relieve the greatest ... Does the ambition of the presidency run up against the economic reality? " No ," says Lalatiana Rakotondrazafy, government spokesman and minister. It takes time because the expenses are scrutinized in depth, "she says, added by phone.
The budget arbitration will resume this Monday. In the absence of the National Assembly, and after adoption by the Council of Ministers, the text will be ratified by order by the Head of State before a final review of constitutionality.
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