The budget crisis is worsening, and the Parliamentary Finance Committee warns of a liquidity shortage.

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The budget crisis is worsening, and the Parliamentary Finance Committee warns of a liquidity shortage.

he Parliamentary Finance Committee criticized the authorities’s continued postpone in sending the 2025 price range tables to the residence of Representatives on Monday, considering this put off to be a clean violation of the financial management regulation.

Committee member, MP Hussein Mounes, instructed dinaropinions.com, “The Finance Committee has again and again requested the authorities to ship specified tables for the 2025 budget, however the government continues to ignore these needs with out supplying any reasons concerning the motives for the postpone.”

Mounes delivered that “the price range tables constitute a roadmap and the country’s movement plan for the coming year, and they ought to be despatched to Parliament whether or not finances are to be had or not.”

He harassed “the want for the tables to encompass clear measures to reduce spending and growth revenues, to confront the challenges of declining oil expenses.”

He defined that “after the three-yr price range become approved by means of Parliament, the government did now not show any extreme communique concerning monetary trends or adjustments, whether or not locally or the world over,” caution that “the continuation of this technique will negatively effect economic stability and the implementation of improvement plans.”