Plenum rejects budget

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Paphos Life
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Plenum rejects budget

Post by Paphos Life »

In a rare occurrence, the House on Thursday voted down the 2021 state budget, forcing the government to submit another budget bill in January when parliament reconvenes after the holiday break.The bill was defeated by 29 votes against to 24 in favour.Akel, Diko, Edek, the Greens, the Citizens Alliance and Independent MP Anna Theologou vetoed the bill....

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Devil
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Re: Plenum rejects budget

Post by Devil »

Happy in Cyprus wrote: Fri Dec 18, 2020 12:45 am That's not good news. Not least because Cyprus' ability to buy the vaccines we need depend on this bill being passed. Hope common sense prevails.
Twaddle, pure twaddle, unsubstantiated. Why do not you read the article before putting finger to keyboard?
WHL
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Re: Plenum rejects budget

Post by WHL »

Its very simple if the Budget isn't approved, which goes for any democratic country, then the Government has no spondoolies to pay for anything, usually resulting in a general election.
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Devil
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Re: Plenum rejects budget

Post by Devil »

Happy in Cyprus wrote: Fri Dec 18, 2020 12:45 am That's not good news. Not least because Cyprus' ability to buy the vaccines we need depend on this bill being passed. Hope common sense prevails.
Despite rejecting the budget, parliament did green-light expenditures for the month of January – a contingency that allows the state to carry on functioning.
No apology necessary or forthcoming. The contingency for obtaining the vaccine (and other state functioning) is well in place. It is Anastasiades who has sounded a false alarm for which measures have been taken, according to the report. And for your information these contingencies continue month by month, until they are no longer necessary.
Kili01
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Re: Plenum rejects budget

Post by Kili01 »

Not according to what I read, apparently the 'contingencies should only last for 2 months, ie the end of February.
(Source is front page article in todays CY mail. 'Worst time to nix the budget')

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Re: Plenum rejects budget

Post by Diocletian »

I believe it to be the "Rule of Twelth's" in this scenario.
Ticking away, the moments that make up a dull day.
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