Including “liquidity shortages,” the Parliamentary Finance Committee explains the reasons for the delay in the 2025 budget schedules.
Including “liquidity shortages,” the Parliamentary Finance Committee explains the reasons for the delay in the 2025 budget schedules.
4-19-2025
Information / Exclusive:
Parliamentary Finance Committee member Mustafa Al-Karawi explained on Saturday the reasons for the delay in submitting the 2025 budget schedules. While he attributed this to a lack of liquidity and a lack of an economic vision, he noted that this will lead to the disruption of employee dues.
Al-Karawi said in a statement to Al-Maalouma Agency that “the government’s delay in sending the 2025 budget tables is a clear legal violation of Article 77/Second of the General Budget Law, noting that “this delay reflects the government’s failure to implement its legal obligations.”
He added that “the delay in sending the tables will have a direct impact on employees’ financial dues, such as certificates, transportation, bonuses, promotions, and others,” noting that “monthly salaries will not be directly affected, but the impact will include the rest of the details related to employee rights.”
He explained that “the operational and investment budget will also be significantly affected, which will negatively impact the level of public spending,” stressing “the need to send the tables in accordance with what the law requires.” He pointed out
that the delay is due to “the lack of sufficient financial liquidity, as well as the government’s lack of a clear economic vision regarding oil prices and revenues, which is pushing the government to reduce the spending period within the fiscal year.”
Regarding the legislative session, Al-Karawi explained that “the delay in the arrival of the tables may lead to an extension of the session for a month, but if “If it arrives, the legislative recess will be entered, which means the budget cannot be approved before the end of the current year.”
It is noteworthy that the House of Representatives had previously voted on the budget amendment law and sent it to the government to send the budget schedules.
almaalomah.me
