Economic Researcher Criticizes Political Interference in Fiscal Policy and Restriction of Government Powers

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Economic Researcher Criticizes Political Interference in Fiscal Policy and Restriction of Government Powers

An economic researcher has strongly criticized what he described as the interference of ruling political factions in the management of the state's fiscal policy, arguing that the government has been stripped of its authority to make crucial and independent decisions. The researcher pointed out that greenlighting the government to borrow billions of dollars monthly from the Central Bank to cover operating expenses represents a violation of the Central Bank's independence and its governing laws. He warned that this trajectory will lead to the rapid depletion of foreign reserves and weaken the country's global financial standing. The researcher called for the urgent need to control spending, reduce waste, and maximize resources, rather than resorting to patchwork solutions that further complicate the economic crisis and hinder reform efforts.