Reported 8 months ago
The recent amendment to the Fiscal Planning Law (FPL) has sparked intense debate, involving a significant difference of 500 billion in resources between the proposals by the blue and white political parties. The amendments aim to redistribute national and local taxes, potentially providing more resources to certain areas while reducing them for others. The core of the amendment lies in the redistribution of financial resources between the central and local governments, with disputes arising over both vertical and horizontal distribution. The proposed amendments by the blue and white parties suggest a significant release of funds by the central government, potentially increasing resources for local governments. Various issues in tax distribution formulas have led to discontent among local governments, prompting calls for fairness and transparency in resource allocation.
Source: YAHOO