Koger: The three-year budget is a disaster that turned the planned deficit into a real one.
Koger: The three-year budget is a disaster that turned the planned deficit into a real one.
9-11-2025
Information/Exclusive…
MP Jamal Koujar described the three-year budget on Thursday as a “real disaster” for public finances, stressing that it has transformed the planned deficit in the 2023 and 2024 budgets into an actual deficit that has burdened the state.
In a statement to Al-Maalouma, Kocher said, “The approval of the three-year budget resulted in the planned deficit in the 2023 budget, amounting to 64 trillion dinars, being transformed into an actual deficit after the 2023 and 2024 budgets were fully spent.” He indicated that “the third budget may not be fully spent due to the end of its financial cycle.”
He added, “The 2024 budget incurred additional losses after spending 11 trillion dinars on completed projects from the 2023 budget, leading to a significant shortfall in its resources,” noting that “the accumulating deficit weakens the government’s ability to implement new projects and directly impacts the economic and service situation.”
It is noteworthy that the financial deficit represents the most prominent challenge facing the government, in light of the fluctuation in oil prices and the budget’s almost complete dependence on oil revenues.
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