Expert: Census results will help prepare next year’s budget tables
Expert: Census results will help prepare next year’s budget tables
11-16-2024
Information / Special..
Economic expert, Dhurgham Muhammad, confirmed on Saturday that the results of the general population census will help the government reach a realistic formula and vision during the preparation and amendment of next year’s budget schedules, while he pointed out the necessity of having a real reading of the future of oil prices for next year in order to determine a reasonable price for a barrel of oil that will be adopted by the 2025 budget.
Mohamed Ali said in a statement to Al-Maalouma Agency, “The amendments to the 2025 budget schedules will depend scientifically and realistically on the results of the general population census that will be conducted at the end of this month,” indicating that “the census results will give the government clarity when conducting transfers and drawing up realistic development plans.”
He added that “the authorities responsible for preparing the budget must re-read it for the future of oil prices and adopt an appropriate and realistic price that is consistent with the expectations of global oil market experts, when preparing the schedules for next year, as most indicators confirm a decrease in oil prices for security and economic reasons.”
The Deputy Chairman of the Parliamentary Planning Committee, MP Muhammad Al-Baldawi, confirmed to / Al-Maalouma / that reducing the price of a barrel of oil in the budget will be discussed according to the data of developments in the security situation in the region, especially since there are positive signals towards calm and a ceasefire, whether in relation to the Russian-Ukrainian war or in Gaza and Lebanon.
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