Author: AL-MASHHAD (Pro-government website)

Banking expert Amer Shahda’s analysis of the draft general budget for 2025 reveals both familiar patterns and promising developments. While the budget remains consistent with previous years, a notable 5% increase in investment spending stands out as a positive sign. Shahda emphasizes the government’s acknowledgment of economic uncertainties, reflected in the budget’s measures such as doubling oil derivative subsidies to four billion pounds. Despite aiming to reduce the deficit by 21%, Shahda expresses doubt about achieving this goal due to potential inflation risks arising from economic transitions. As the budget unfolds, Shahda anticipates challenges in managing inflation’s impact on spending.…