A government consultant revealed the features of the fiscal budget schedules for 2025.
“Article 77/II of the Federal General Budget Law No. 13 of 2023, which regulates the preparation of the tripartite budget, stipulates that the government send the budget tables for the years 2024 and 2025 to the House of Representatives for approval before the end of the previous fiscal year,” said the financial adviser to Prime Minister Mazhar Mohammed Saleh in a press statement.
He added that “the Ministry of Finance has announced that it is in the process of preparing the general budget schedules for 2025, in accordance with the constitutional mechanisms adopted by the tripartite budget law above.”
He pointed out that “based on the indicators of implementing the budget over the first two years stated by Law No. 13 mentioned above, the financial authority has the necessary administrative financial capabilities to submit the budget tables for 2025 to take its legislative path by discussing and approving them in the Council of Ministers and referring them to the House of Representatives before the end of this year.”
Saleh pointed out that “the federal budget tables for 2025 will stem from the constants of the Federal Budget Law No. 13 of 2024, taking into account international and regional economic conditions and their changes, to ensure the adaptation of the provisions of the budget tables for 2025 within the available legal texts, in addition to relying on the performance of indicators of the general budget tables for 2024.”
He stressed that “major reconstruction projects will continue to progress according to the vision of the government program to ensure the continuity of growth rates in GDP in general and GDP (non-oil) in particular.”
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