Committee of Budgets
budget for the promotion of association
activities and affairs, special project
development, and utilization of human resources.
The proposed budget
will be evaluated and presented by the
Committee of Budgets to the board of directors
and supervisors for their scrutiny.
2.As the regulations made by the Ministry
of Finance indicates that industrial and
business associations are supposed to declare
income tax from 1995,
the committee will invite professional
accountants to discuss and manage such situation
for preparing the budget for the succeeding
3.The Committee of Budgets will evaluate
the budget excess if any and present it to the
board of directors and supervisors as reference
examination and supervisors as reference
for the examination and adjustment of the budget
for the nest fiscal year.