Economist: Ministry of Finance statement is accurate and liquidity is available

Economist: Ministry of Finance statement is accurate and liquidity is available

8-11-2024

Economist - Ministry of Finance statement is accurate and liquidity is availableInformation/Special..
Economic expert Nabil Jabbar confirmed today, Sunday, that the statements and declarations of ministries are more accurate and objective than the statements of representatives, as they are characterized by responsibility.

Jabbar said in a statement to Al-Maalouma Agency, “The statements of some representatives about securing salaries and the lack of cash liquidity are inaccurate and are issued out of hatred or personal positions,” noting that “the cash liquidity is available and the salaries of employees are secured according to the economic reading and the ministry’s statement.”

He added, “The MPs’ statements in this regard are either critical of the ministry in order to spite it or based on the views of some economic experts who are not familiar with the current situation,” noting that “last year there was a deficit in financial liquidity due to the decline in currency sales and the cessation of financial transfers due to smuggling operations, but this year, due to the high transfers of the Central Bank, liquidity is available and is able to secure salaries.”

The Ministry of Finance responded today to statements made by some members of the Finance Committee, who misled public opinion about the lack of liquidity, which would affect the payment of employees’ salaries.

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