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PM Advisor Explains Borrowing Law
The Prime Minister's Advisor explained that the borrowing and grant law is a temporary measure to ensure the continuation of government spending until the approval of the general budget, and it is not a permanent substitute for it. This law aims to fund essential expenses, especially given the decline in liquidity and the increase in expenditures resulting from fluctuating oil prices, and it includes domestic and external borrowing as well as international grants. Relying on this law instead of the budget provides temporary financing for salaries and public services until constitutional procedures are completed. It is emphasized that this is an exceptional measure and does not replace the need for the permanent approval of the budget.
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