ID :
33256
Mon, 12/01/2008 - 09:44
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Shortlink :
https://oananews.org//node/33256
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PM proposes raising more money to National Assembly
PM proposes raising more money to National Assembly
(KPL) Prime Minister Bouasone Bouphavanh proposed that the National Assembly approves the budget expense plan of the government to enable her to carry out various works during the new fiscal year, 2008-2009.
During the 6th ordinary session of the National Assembly’s Sixth Legislature last Friday the Prime Minister said that the additional cash is 622 billion kip so that the increase is 6.2 per cent above that of the last budget.
Mr. Bouasone said that part of the sum of 622 billion kip will be spent on rehabilitating the living conditions of the ethnic people who had suffered from the flood suffering (217 billion kip), for the National Defense Ministry (85 billion kip), for the Ministry of Public Security (68.5 billion kip), to increase the national monetary reserve (50 billion kip), to clear the debt of the government-invested projects (15 billion kip) and to give money to the provinces for their expenditures (186.3 billion kip).
The Prime Minister said the flood during the previous months caused damages and it is estimated that it would need 512 billion kip for rehabilitation work.
He said this sum of money will be used for 1,012 projects, for public works, transport, agriculture-forestry, education, health, labour, social welfare, industry and mining.
(KPL) Prime Minister Bouasone Bouphavanh proposed that the National Assembly approves the budget expense plan of the government to enable her to carry out various works during the new fiscal year, 2008-2009.
During the 6th ordinary session of the National Assembly’s Sixth Legislature last Friday the Prime Minister said that the additional cash is 622 billion kip so that the increase is 6.2 per cent above that of the last budget.
Mr. Bouasone said that part of the sum of 622 billion kip will be spent on rehabilitating the living conditions of the ethnic people who had suffered from the flood suffering (217 billion kip), for the National Defense Ministry (85 billion kip), for the Ministry of Public Security (68.5 billion kip), to increase the national monetary reserve (50 billion kip), to clear the debt of the government-invested projects (15 billion kip) and to give money to the provinces for their expenditures (186.3 billion kip).
The Prime Minister said the flood during the previous months caused damages and it is estimated that it would need 512 billion kip for rehabilitation work.
He said this sum of money will be used for 1,012 projects, for public works, transport, agriculture-forestry, education, health, labour, social welfare, industry and mining.
