The decision is up to deputies

The President made a proposal to modify the provisions of the law "On budget system in PMR". The President proposes, for example, the current powers of the Supreme Council for the approval of the concept of budget and tax policy and socio-economic development of the country to the Government. It is assumed that the development of these documents order will be prepared by the executive by them. Participation of legislators in the process of discussion was not suspected. This means deputies will be unable to fulfill its constitutional duty to adopt the budget for the next financial year on the basis of the forward-looking statements documents. Information on the priorities of state aid, the planned income, the limiting size of the budget deficit and the main macroeconomic indicators will pass parliamentarians along. Approved by the Government concept and the forecast are in sight of Deputies only as informational support to the draft budget. Deadline for submitting the main financial document, by the way, are postponed.

Representatives of the author of the initiative, arguing it talked about the elimination of legal inconsistencies and issues of responsibility dividing. Parliamentarians see the proposals in a different light.

In the course of the committee debate the deputies’ opinions were divided. Peter Pasat, for example, considers that the contentious issues can be resolved within the framework of the preparation of the law-in-draft for the second reading.

Resume: votes of Deputies of the Committee are equally divided. The decision is up to deputies.

As for future work: consideration of the draft laws "On the Central Bank of the PMR" and "On Banks and Banking Activity" by the Committee on Economic Policy was postponed for the next meeting. Parliamentarians are still waiting for and the draft budget 2016, the deadline for application has expired, according to the regulations in force, more than a month ago.