Monday, November 26, 2018

GERMANY'S PARLIAMENT CONCLUDED ITS ANNUAL CONTROVERSIAL DEBATE ON BUDGET ALLOCATION WITH SUCCESS AND MINOR BUDGET INCREASE FOR DEFENSE AND SOCIAL SECURITY EXPENSE.


   Germany's Parliament the Bundestag concluded its annual controversial debate on budget allocation for the next year, the year two thousand and nineteen with success during the only session of Parliamentary debate held in the Parliament over the weekend, despite extended criticism of the allocated budget with minor increment for social and defense expense in the specified amount of three hundred and fifty six (356) billion euros by the Opposition Political Parties in the Parliament. The Minister of Health Spahn and the Opposition Political Parties members demanded additional thirteen to sixty billion euros for healthcare services in the next fiscal year budget allocation for the year two thousand and nineteen which the legislators and Members of Parliament votes have collectively over ruled the Minister's and Opposition Parties demand for budget increase to enable pay raise for healthcare services and personnel, specially for the nurses to ease the general decline in healthcare personnel numbers in the Democratic Republic of Germany. However, the minor fiscal year budget increase for defense and Germany's new social security program the Hart IV which had been intended to include all the citizens of Germany and foreigners, specially children that may have been qualified for the social security assistance would continue to spark political controversy among the cabinet members and the Opposition Political Parties over the methods, or processes for allocation the Hart IV for the eligible German citizens born of refugees asylum seekers, or Immigrants parents. Nevertheless, additional budget increase for defense social security and healthcare services for Germany's current budget which is less than one third, when compared to the USA and other major countries budgets would not hurt Germany's current brighter economic prospects for growth financial freedom declining debt and budget deficit for better credit line and stronger currency value as specified by the World's major finance Institutions the International Monetary Fund (IMF) and European Central Bank (ECB).

        Written by Professor Godfrey Ohia.
Bank : paypal.me/OHIAGODFREY
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Name : Professor Godfrey Ohia.

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