Hebron: Approving the draft budget with a decree has become an urgent necessity

The Minister of Finance in the caretaker government, Youssef Al -Khalil, said in a statement today, that the approval of the draft budget in 2025 by decree after it was adhered to the specified deadlines according to the principles, it has become an urgent necessity, and it remains a financial safest from its lack of approval and resorting to spending on the twelve base, referring to The exchange on this rule obliges public finances at the ceiling of the 2024 budget law, which is 308 / trillion Lebanese pounds, i.e. /3.6 billion dollars, while the needs of the year 2025 are estimated at / 445 / trillion LLC. What is equivalent to/ 5 billion US dollars, which needs the need to issue treasury sulfate to fill the additional needs, fearing the accumulation of dues from them, and thus loading the 2026 budget, and from touching financial regularity and the principle of the comprehensive budget and its credibility.

And Hebron considered that the additional needs that are not available for credits in the event that the 2025 budget project is not approved in the first place on the social sector, where more than 6000 billion were seen for the Ministry of Social Affairs programs, as well as the same negativity on the health sector and the benefits due on Treasury bonds, in addition to the dues belonging to the National Social Security Fund, for road maintenance, rents, and other important expenses.

Hebron fears that salaries and wages expenses, their accessories, social benefits, retirement pensions, and social assistance belonging to the public sector are not currently not available and lead to a serious crisis if the budget is not valid soon, not to mention the inclusion of the 2025 budget project cost additional military preparation and the limited transportation of transportation of the military agencies .

The Minister of Finance stressed that the approval of the 2025 budget project is the basic guarantee for the management and financing of the public facility, in order to avoid any disruption or defect in administrative and institutional work, indicating that the Ministry of Finance is in the process of preparing the bill for opening additional credits with about 86 trillion LL. To finance the salaries and wages of the public sector, its attachments, relevant benefits and pensions, in order to secure the continuity of work in public departments and institutions.

He pointed out that the budget bill in 2025, which the parliament could not discuss due to the Israeli aggression on Lebanon and its repercussions, came as a result of efforts and discussions with various public departments and institutions, and it represents the minimum necessary need to ensure the continuation of all sectors. Considering that its lack of issuance would obstruct the functioning of the public facility, indicating that it is possible, and after crystallizing the data and determining the additional costs resulting from the Israeli aggression, as well as possible external financing sources from the gifts and so on, that the draft law open an additional accreditation that takes into account the emerging conditions, Note that Article 118 of the Public Accounting Law allows the Minister of Finance if there is a necessity for that to propose to the Council of Ministers to stop the use of some credits in the budget.

And Hebron recently revealed that the relevant departments in the Ministry of Finance, with the support of international bodies, began implementing reform measures at the level of the budget preparation process, and wished for the new government, after three corrective budgets in the way Launching the process of promoting and reconstruction that the New Testament aspires.