The reform of the LOF goals to strengthen governance within the administration of public funds (Mr. Lekjaa)

by times news cr

2024-06-05 08:12:12

Presenting the proposals for reform of this Natural Finance Regulation (LOF) throughout a joint research day between the federal government and the 2 Chambers of Parliament, Mr. Lekjaa specified that the proposed amendments purpose to strengthen the position of Parliament within the management of public funds and the preservation of monetary balances.

It should even be a query of enabling parliament to assist the present dynamic of reform tasks by way of the growth of the scope of software of the provisions of the natural legislation to public institutions, and the strengthening of monetary ideas and guidelines, a- he added.

And to emphasise that the event of this modification is guided by a participatory strategy primarily based on inside coordination on the degree of the Ministry of Financial system and Finance, in addition to openness to companions and worldwide experiences.

The proposals for revising this legislation embrace specifically the broadening of the scope of software of natural legislation No. 130.13 referring to the Finance Regulation to public institutions finishing up a non-commercial exercise, in order to harmonize with worldwide practices in matter of parliamentary management, famous Mr. Lekjaa.

This modification can also be vital with a purpose to topic the administration of the budgets of those institutions to the ideas and guidelines emanating from the natural legislation, notably when it comes to rationalization of expenditure, transparency, and effectivity of efficiency, in addition to to offer the parliament information referring to sources and expenditure.

Additionally included, among the many key provisions, is the introduction of an exception referring to the budgetary golden rule. That is an exception to the dedication to the rule emanating from article 20 of the natural finance legislation, and the adoption of provisions which situation the activation of this exception in an financial and/or social context. distinctive.

The reform of the natural legislation can also be primarily based on the supervision of the examination and voting process for the amended finance invoice (PLFR), by decreasing the examination and voting deadlines from 15 to five days, and which have to be accompanied by a presentation word specifying the explanations justifying the usage of the PLFR, in addition to the primary modifications launched.

It additionally plans to consecrate the unique competence of the finance committees in Parliament to check and vote on the finance invoice because it has been modified, and to find out the character of the amendments tabled.

The reform of the Natural Regulation referring to the Finance Regulation constitutes an vital instrument to strengthen the position of the Finance Regulation as an important instrument for reaching growth and implementing public insurance policies, upgrading high quality public companies and strengthen the duty of managers, in addition to enhancing monetary steadiness and strengthening the transparency of public funds, underlined the President of the Home of Representatives, Rachid Talbi Alami, in a speech delivered throughout this assembly.

Mr. Talbi Alami defined that this research assembly takes place after the completion of the implementation of all of the provisions of Natural Regulation No. 130-13 referring to the finance legislation in keeping with the provisional timetable, because the two Chambers of Parliament have to date permitted 8 finance payments, 4 finance invoice liquidation payments and a PLFR.

He thought-about that this accumulation is enough to judge the Natural Regulation referring to the present FL with a purpose to overcome a few of the issues and permit the effectivity vital for the FL.

For his or her half, the deputies of the 2 Chambers of Parliament taking part on this assembly thought-about that the latter constitutes a possibility to deepen the talk on the reform of the Natural legislation referring to the FL, with a purpose to strengthen the effectiveness of the analysis and of the administration of public insurance policies, stressing that this regulatory textual content contains provisions which function a security valve for the nationwide economic system.

They additional highlighted the necessity to embrace more practical mechanisms to activate gender-responsive budgets, calling for provisions to obviously symbolize this precept in keeping with measurable requirements and to strengthen the capacities of ladies in all areas .

The interventions of deputies and advisors additionally targeted on the modification of the deadline proposed for the research and vote of the PLF. They beneficial sustaining the present timetable as a substitute of decreasing it, notably with regard to the dialogue of the liquidation legislation.

2024-06-05 08:12:12

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