Budget 2025

Ibrahim Kanaan Stresses the Need to Withdraw the 2025 Budget

The President of the Parliamentary Finance and Budget Committee, Ibrahim Kanaan, called on Wednesday for the withdrawal of the 2025 budget proposal. The parliamentarian, who has been reiterating this demand since October 2024, said that the budget’s figures no longer reflected reality, deeming them “fictional.” Kanaan also emphasized that ...

2025 Budget: A Looming Fiscal Crisis

With spending on the rise and revenues falling short of expectations, the 2025 budget proposal is now effectively obsolete. The government must act swiftly to withdraw it from Parliament, where it was submitted on time, to prevent a deepening crisis. Why is a crisis inevitable? The current draft budget relies on unrealistic revenue projections, ...