Tag Archives: Budget

In the early hours of Monday, the Iraqi Parliament voted on the federal budget law for the years 2023, 2024, and 2025 following five days of deliberations. The current year’s budget is valued at 197 trillion Iraqi dinars (approximately $152.2 billion), with a total deficit of 63 trillion dinars (around …

The Iraqi Council of Representatives passed approximately twenty five articles of the federal budget law for the years 2023, 2024, and 2025 on Sunday evening before taking a half-hour break to continue the voting process. Al-Ghadeer’s News correspondent reported from the parliament building that the passage of articles 15, 16, …

The Iraqi Parliament reconvened on Friday to resume its voting session on the national budget, which was initiated the previous day. The move follows political discussions without reaching an agreement on the contentious articles within the budget law. Earlier on Friday, a parliamentary source revealed that the meeting between the …

Mohsen Al-Mandalawi, the First Deputy Speaker of the Iraqi Parliament, held an “important” meeting with several leaders of parliamentary blocs today, Friday. The meeting, which was attended by the Chairman and several members of the Parliamentary Finance Committee, was part of efforts to reach an agreement among all political parties …

The Iraqi Parliamentary Finance Committee is hosting daily meetings with ministers and concerned departments that constitute government spending units to discuss key expenditure items, financial allocations, and comparisons with the budgets of 2019 and 2021. The committee also focuses on the main sources of revenue for these units, which will …

Iraq’s parliamentary finance committee, under the chairmanship of Lawmaker Atwan al-Atwani, resumed its sessions on Wednesday to deliberate over the proposed federal budget law for the years 2023-2024-2025. In a statement released earlier today, the committee reiterated its unwavering commitment to holding regular meetings after the completion and presentation of …

Raed al-Maliki, a member of the Iraqi parliamentary legal committee, on Monday, suggested that the current legislative term may be extended in order to approve the triennial federal budget bill. Al-Maliki told Shafaq News Agency that “the remaining days of the current legislative session are insufficient for approving the general …

Iraq’s Prime Minister Mohammed Shia al-Sudani said that the budget for the next three years will practically implement the objectives of the government program. Speaking at the seventh al-Sulaymaniyah Political and Economic International Forum, al-Sudani said, “Our government pledged to provide services to our people and build a strong and …

Lawmaker Bryar Rashid on Monday said the budget the government approved today is the largest in Iraq’s history. According to Rashid, the Iraqi Cabinet has approved the budget for the fiscal years 2023, 2024, and 2025, which totals 200 trillion Iraqi dinars a year (approximately $136 billion USD). The lawmaker …

The Iraqi Cabinet has approved the budget bill for the fiscal years 2023, 2024, and 2025, a statement by Prime Minister Mohammed Shia al-Sudani’s bureau said. The bill will now be sent to parliament for further discussion and voting. On Sunday, Finance Minister Taif Sami said the draft budget bill …

The Iraqi government is expected to vote on oil’s reference price in the 2023 budget in its next meeting, lawmaker Ali Saadoun al-Lami said on Friday. “The cabinet has already discussed the reference price of oil in the budget,” al-Lami told News Agencies, “a vote on the bill is expected …

The President of the Republic, Abdul Latif Rashid, confirmed on Tuesday, that approving the general budget will be approved soon, while referring to the good relationship between the federal government and the Kurdistan region and a common desire to develop radical solutions to outstanding issues in accordance with the constitution …

Iraq’s Parliament will approve the 2023 budget of 140 trillion Iraqi dinars ($ 95,923,261,000.00) in the coming days. A source in the Parliamentary Finance committee, Mouin Al-Kadhimi, revealed that Prime Minister Muhammad S. Al-Sudani directed the minister of finance to complete the 140-trillion-dinars budget law to approve it and then …

Iraq’s 2023 budget bill gives primacy to the priorities his government program adopts, Prime Minister Mohammad Shia al-Sudani said on Saturday. Al-Sudani’s remarks came during a meeting he headed today to discuss next year’s budget bill, an official statement said. According to the statement, al-Sudani said that the budget bill …

British finance minister Jeremy Hunt announced a string of tax increases and tighter public spending in a budget plan on Thursday that he said was needed after the blow dealt to the country’s fiscal reputation by former prime minister Liz Truss. Following is a snapshot of what he announced and …