Mp Plans To Grill Govt Officials On Questionable Expenditures

MP Riyadh Al-Adsani has reiterated the lawmakers’ plan to grill government officials on the questionable expenditures, indicating the solution is in the hands of HH the Prime Minister Sheikh Jaber Al- Mubarak Al-Hamad Al- Sabah and Finance Minister Anas Al-Saleh.

He stressed the need to activate oversight tools and hold accountable all those behind the issue, disclosing a total of 29 financial cases are yet to be settled by government agencies. He affirmed the interpellation motion is still in place unless serious steps are taken to address the problem, especially since the questionable expenditures are increasing annually.

He urged the government and its affiliates to take the necessary measures; emphasizing the need for coordination between ministers, particularly the premier and finance minister, to prevent accumulation of questionable expenditures and violation of general budget rules.

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He asserted such a behavior has resulted in the loss of efficiency of tools for controlling, monitoring, evaluating and regulating expenditures. “It is totally unacceptable for these irregularities to continue as public funds have been wasted.

The questionable expenditures might affect the country’s credit rating which is related to economic and accountability standards; specifically in terms of comparing general revenues with general expenditures and calculation of assets, he added. He explained the so-called ‘temporary payments’ were supposed to be settled during the fiscal year they were made, asserting it is unacceptable that such expenditures accumulated to about KD 3.8 billion over the years with some expenses having no supporting documents. He added most of the questionable payments and internal cash credits involved money transferred to health, cultural and diplomatic offices abroad.

Although some government bodies with independent budgets had profits amounting to KD 20 billion, these profits were not transferred to the State’s treasury as they were either retained or deposited into banks; resulting in a remarkable increase in the government’s deposits within a year from KD 5.9 billion to KD 6.8 billion at a time the public debt increased and the general financial reserve was affected by the budget deficit, issuance of bonds to provide liquidity, reduction of subsidies and increase in fees for public services, he said.

 

SOURCE : ARABTIMES

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