Soliman Appointed Budget Director, Faces Financial Challenges
Update: 2025-12-18
Description
Sherif Soliman, a seasoned public servant, has been appointed as the new budget director by mayor-elect Zohran Mamdani. This role is crucial as it involves managing the citys finances and approving major policies. Solimans appointment comes at a time when the city faces significant financial challenges, including a projected deficit of $380 million and multi-billion dollar gaps in the coming years. Mamdani expressed confidence in Solimans leadership, emphasizing the need for a budget that reflects the needs of working New Yorkers. Solimans experience as a skilled negotiator and dedicated public servant will be key in navigating these complex financial waters, particularly in dealing with potential federal funding cuts and working closely with the City Council.
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