The Finance Act for 2019. The NPC will be presented by the Minister of Finance Abderrahmane & # 39; and Raouya.
The debates will then be opened in plenary and will last until tomorrow. Voting will take place on Thursday. Today, the AFN Finance and Budget Committee will also present its report with proposals to amend or repeal certain provisions of this law. It is already known that the members of this Commission have annulled the provision contained in this PLF, introduced in art. 169 sec. 4. The latter provides for the reduction of advertising expenses of companies that will not undergo major changes. advertising revenues from the media, which have been severely affected by the drastic drop in advertising, especially in the private sector. It should be recalled that PLF2019 is based on a crude oil reference price of USD 50 per barrel, based on a growth rate of 2.6% and an inflation rate of 4.5%. %. A small increase in income was also recorded in this account compared to 2018, because it is estimated at 6 508 billion dinars, of which less than a third (23.9%) will come from oil taxation. On the other hand, expenditures are downgraded compared to the previous year, estimated at 8,557 billion dinars. Nevertheless, the operating budget was poorly equipped, despite the overall reduction in the distribution of expenditure, since over 50%, or 4,954 billion dinars, were allocated to it temporarily, with a slight increase in social transfers. who sculpted 1,763 billion dinars last year against 1,760 milliard dinars. According to PLF2019, they are distributed in 445 billion dinars intended to support families, while pensions will have 290 billion dinars, in addition to the equipment of 500 billion dinars allocated to CNR, hence the decision to revaluation of pensions announced from 2019. Equipment budget provided for in this Act it is 6 200 billion dinars, of which 2.6 billion dinars are allocated for permits for programs for new projects or projects. re-evaluation. Decrease, compared to the previous year, which members will have to take, in the sense that it reflects the sharp decline in state public investment.
Mr. A. T.