Wednesday, April 29, 2026

Government options to address the 2026 budget delay: borrowing or an emergency law similar to the food security law

 Government options to address the 2026 budget delay: borrowing or an emergency law similar to the food security law

 The Parliamentary Finance Committee revealed several options available to the government to address the delay in approving the 2026 budget, primarily resorting to borrowing laws or enacting an emergency law similar to the Food Security Law.

Committee member Jamal Kojar told the official newspaper, “There are several alternatives if the budget is delayed, including resorting to borrowing as happened in 2021, or enacting a law similar to the Food Security Law. However, this depends on the government’s needs and the level of coordination between it and the Parliament.”

He explained that “the current government is operating in a caretaker capacity and does not have the authority to submit major financial bills independently, which necessitates direct coordination with Parliament if borrowing or enacting exceptional laws is required.”

Kojar indicated that “the government can continue spending according to the (1/12) rule of the operational budget, which ensures the continued payment of employee salaries without the need for new legislation, except in some special cases such as including new contracts after 2025.”

He pointed out that “the option of borrowing is also linked to the speed with which the new government is formed. If this matter is resolved within the constitutional timeframe, the House of Representatives should exert pressure on the government to submit the draft budget law as quickly as possible, given its importance in regulating the state’s financial management, including appointments, transfers, and the allocation of spending.”

He emphasized that “the House of Representatives cannot legislate laws of a financial nature without coordination with the government, and the previous food security law was enacted at the request and with the approval of the executive branch.” He noted that “Parliament is capable of supporting the government by passing emergency laws when necessary, whether through a borrowing law or a law similar to the food security law, but there has been no official request in this regard so far.”

Kujer stressed that “there is no intention to adopt a three-year budget again, and the country will return to the usual annual budget system,” affirming that “any future steps will remain contingent on the government’s request and its actual needs.”  link


🌐 FOLLOW FOR MORE UPDATES

👉 Blog: https://dinarevaluation.blogspot.com/
👉 Telegram: https://t.me/DINAREVALUATION
👉 Facebook: https://www.facebook.com/profile.php?id=100064023274131
👉 Threads: https://www.threads.com/@dinaresguru
👉 YouTube: https://www.youtube.com/@DINARREVALUATION


⚠️ DISCLAIMER

This content is for informational and entertainment purposes only. We are not a registered investment adviser, broker-dealer, or bank.

Government options to address the 2026 budget delay: borrowing or an emergency law similar to the food security law

  Government options to address the 2026 budget delay: borrowing or an emergency law similar to the food security law  The Parliamentary Fin...