Draft Complementary Finance Ordinance : Council of Ministers Approves Commissioning Budget

A draft complementary ordinance has been approved in the Council of Ministers meeting. Held under the chairmanship of President Abdelaziz Bouteflika
PUBLIE LE : 25-08-2010 | 22:08

A draft complementary ordinance has been approved in the Council of Ministers meeting. Held under the chairmanship of President Abdelaziz Bouteflika, on Wednesday,the Council of Ministers has tackled a complementary law on additional loans for the commissioning budget due to finance the new compensation regime of civil servants in 2011, with retroactive effect as from Jan.2008 and additional needs with regards to budgetary positions inducted   by the opening of new educational equipments, said the council’s report. The financial package (commissioning) is to cover up “expenses of the current redeployment of communal guards”. As well as football clubs shifting to professional regime”, the football Algerian federation, its care taking of national teams and football practice at level of amateur club “ sources said. As for public and development investments, the LFC cover six categories of additional expenses. According to report, they deal with housing financing at level of 74 Bln/da, compensation and damage repair caused by the recent quake of Bordj Bou arreridj and M’sila with 2.6 mln/da, the realization of administrative infrastructures (4Bln/da) , a donation of 20Bln/da to the lining up funds of PME, the cover up of l Bln/da of bonuses  due to houses owners and subsidies of 1.2 Bln/da to go between Arts and letters promoting funds  and cinematographic funds. Thus, budgetary expenses for the exercices 2010 are to amount to 6.468 bln/da whose 3.446bln/da for the commissioning and 3.022Bln/da for equipements. Budgetary donations will be consecrated to the concretization of measures entering in the frame of struggle against different economic frauds , support to investment  and enterprises,  for the preservation of the national economy interest, human and cultural developments   


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