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Tags Budget re-balance

Tag: budget re-balance

Vote of no confidence against Tevdovski because he is a “minister of cuts and borrowing”

Today, MPs from VMRO-DPMNE will submit to Parliament a vote of no confidence against the work of the Minister of Finance Dragan Tevdovski, stated MP Liljana Kuzmanovska. The main reason for the vote of no confidence is the "completely ineffective budget re-balance for the significant reduction of capital expenditures, the increased and unfounded debt of the citizens on the domestic...

Last day of debate on the re-balance budget and tomorrow the session for Zvrlevski’s dismissal

Today MPs will debate on the revised budget at the plenary session in Parliament, scheduled for 13:00 pm. MPs from VMRO-DPMNE believe that the way it is projected, the budget re-balance will not allow any increase in the economy and there will hardly be a 2.2% increase in the domestic gross product. They predict that by the end of the...

Tevdovski: We are not making cuts, we are making the false projected budget real

At today's plenary debate on the budget re-balance, Vladanka Avirovikj from VMRO-DPMNE said that most cuts are being made to funds for education and for capital investments that could be realized soon. “There will be an economic growth of 2.2%,. only if there is a quick realization of some of the capital investments that this period was missing. There are...

MPs from VMRO-DPMNE held banners while Tevdovski spoke about the budget

At the first plenary session on the re-balancing of the budget, the Minister of Finance, Dragan Tevdovski, explained the purpose of the re-balance to all the MPs in Parliament. While Tevdovski's exposé took place, MPs from VMRO-DPMNE raised signs and banners, the main message was that they were making “cuts to Macedonia" and listed the amounts that are planned to...

The Ministry of Finance: SEC’s budget reduced because there is no date for elections

The budget for the SEC is set to be reduced because of the absence of a precise date for elections, the Ministry of Finance has said after reports became public, showing that the proposal re-balance of the budget will cut the State Election Commissions funding by 400 million denars. From the beginning of the year, it has been estimated that...

After Cutting the SEC’s Budget – Will there be Elections this Year?

With the proposal re-balance budget for this year, 400 million denars will be cut from the budget of the State Election Commission, which raises the question will there be elections this year or not? At the beginning of the year, when MPs adopted the budget, the budget for the SEC was over 531.000.000 denars, however with the re-balance, which MPs...

With the re-balance, more money for the Constitutional Court, MOI and the Intelligence Agency

The proposal re-balance for the budget will cut the budgets at a majority of state institutions, but this is not the case for the Constitutional Court, the Ministry of Interior, or the Intelligence Agency. For example, the budget for 2016, funds allocated for the Constitutional Court are 35.945.000 denars, and with the proposal rebalance that amount will be 36.645.000 denars. In...

SDSM: The Proposal of the Re-Balance on the Budget will be Deadly for Macedonia

The sole purpose of the new re-balance of the budget is to create conditions and the atmosphere for new borrowing through the Eurobond, and the new Minister of Finance, Kiril Minoski, should know that he bears the responsibility directly by placing his signature on new large debt of the citizens, reads the reaction from the SDSM’s statement on the...