DINAR EXCHANGE
Iraq’s 2025 Budget: Delayed Amid Political Uncertainty 
Iraq’s 2025 national budget is facing significant delays due to political disagreements and the upcoming elections. Despite the Finance Ministry’s initial plan to submit the budget in October 2024, it hasn’t yet reached parliament, and it could take another two months.
Here’s what’s happening:
Parliament passed an amendment to the 2023-2025 budget in February, but over 50 lawmakers boycotted, raising legal disputes over the session’s legitimacy.
The budget delays are tied to political maneuvering ahead of elections, as different factions struggle to reach consensus.
Iraq’s heavy reliance on oil revenues complicates budget planning—falling oil prices are squeezing the country’s fiscal resources.
With these financial pressures, the need for stricter financial discipline is clear, but political tensions are making the process slow and difficult.
The question remains: will the elections clear the path for a stable budget, or will Iraq’s financial future remain in limbo? 
No comments:
Post a Comment