State budget controversy continues

Caucus chiefs meet today in an atempt to reach an agreement on the continuation of Parliament’s inaugural session.

Izvor: B92

Monday, 02.04.2007.

11:04

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BELGRADE Caucus chiefs meet today in an atempt to reach an agreement on the continuation of Parliament’s inaugural session. The inaugural session will serve to elect speaker, form parliamentary committees and amend the Budget Law so as to resolve a stand-off caused by an extension of interim financing regime. State budget controversy continues The Decree on interim financing of the Republic of Serbia for January-June 2007 that the caretaker government adopted on March 30, regarded by the Democratic Party (DS) and the G17 Plus as illegitimate, came to force Sunday midnight. The Democrats insisted on an urgent session of the parliament so as to put an end to a “counter-Constitutional state financing.” Former finance minister and DS official Bozidar Djelic told B92 that the doubious Decree was a kind of a financial coup d'état and a dangerous precedent. “The technical caretaker government conducts itself as a regular one, which ran against the Constitution. It rules by adopting decrees without gaining Parliament’s approval,” Djelic claimed. “According to information I have, more than EUR 150 mn has been spent in the last few days only, and funds on Serbia’s account with the National Bank of Serbia (NBS) fell bellow EUR 1bn mark. If this trend continues, the caretaker government will use up majority of state funds, and leave the next government with almost nothing,” he said. “It’s a betrayal of Serbian citizens’ trust,” Djelic underlined. He added that the Democratic Party (DS) planned to file an official request to the Prime Minister and Finance Ministry coordinators for a report on state finances for the period of January-March 2007.

State budget controversy continues

The Decree on interim financing of the Republic of Serbia for January-June 2007 that the caretaker government adopted on March 30, regarded by the Democratic Party (DS) and the G17 Plus as illegitimate, came to force Sunday midnight.

The Democrats insisted on an urgent session of the parliament so as to put an end to a “counter-Constitutional state financing.”

Former finance minister and DS official Božidar Đelić told B92 that the doubious Decree was a kind of a financial coup d'état and a dangerous precedent.

“The technical caretaker government conducts itself as a regular one, which ran against the Constitution. It rules by adopting decrees without gaining Parliament’s approval,” Đelić claimed.

“According to information I have, more than EUR 150 mn has been spent in the last few days only, and funds on Serbia’s account with the National Bank of Serbia (NBS) fell bellow EUR 1bn mark. If this trend continues, the caretaker government will use up majority of state funds, and leave the next government with almost nothing,” he said.

“It’s a betrayal of Serbian citizens’ trust,” Đelić underlined.

He added that the Democratic Party (DS) planned to file an official request to the Prime Minister and Finance Ministry coordinators for a report on state finances for the period of January-March 2007.

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