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Home Business

Proposed 2015 budget to be LD 44 bn: Thinni

bySami Zaptia
April 1, 2015
Reading Time: 1 min read
A A

By Libya Herald reporter.

The proposed 2015 budget put forward by Prime Minister Abdullah Thinni totals LD 44 bn (Photo: Sami Zaptia).
The proposed 2015 budget put forward by Prime Minister Abdullah Thinni totals LD 44 bn (Photo: Sami Zaptia).

Tunis, 1 April 2015:

Prime Minister Abdullah Thinni has revealed that his government has been working with a bank loan . . .[restrict]and that the 2015 proposed budget is for LD 44 bn.

Speaking in a wide-ranging interview with Alhadath News, Thinni defended his government against accusations of not giving value for money, for being ineffective and even of misappropriation of public funds.

The total budget was an LD 750 million loan from the National Commercial Bank (NCB) of which LD 250 million have been spent and LD 500 million remain which we are spending now, Thinni explained further.

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That is the budget for 6 months and anybody who says otherwise should please feel free to come forward with any evidence, he said. We have been promised another LD 250 million to bring the total budget to LD 1 billion, he added.

About LD 250 million has been spent on the running expenses of the Ministries to meet their needs and within the current circumstances. Some Ministries received LD 5 million whilst others received LD 15 million.

The Ministries that have received the most money have been Health, Interior and Defence. Everything is documented and the LD 44 billion 2015 budget proposal has now been forwarded to the House of Representatives for approval, explained the Prime Minister. [/restrict]

Tags: 2015 budgetHoR House of Representatives

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