Controversy trails announcement of 2013 budget as Senate, House disagree

Plans to announce the budget for 2013 were last night frustrated , following an emerging disagreement between the Senate and the House of Representative.

Even though, most officials in the senate confirmed that all related issues responsible for the delay in the announcement had been resolved, the House of Representatives was of different views.

Senior officials of the House of Representatives were engaged in a serious meeting last night over the budget matter and other pressing issues.

Members were aggrieved that the Securities and Exchange Commission, SEC, had been authorized to utilize its funds by the board of the commission without the National Assembly‘s approval . This, it stated was contrary to what was stipulated in the 2013 budget passed by the lawmakers.

However, a top member of the senate had disclosed last night that the issues had been resolved as the presidency had immediately intervened.

“What I can tell you for now is that all the issues have been resolved and the budget could be signed in a day or two,” the official had disclosed

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