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The government is preparing to approve the 2025 budget. Al-Sudani's advisor reveals the details.
3/16/2025
The Iraqi Prime Minister's financial and economic advisor, Mohammed Shia al-Sudani, expects the Iraqi government to approve the draft budget before Eid al-Fitr.
Mazhar Mohammed Saleh said the Cabinet will likely approve the 2025 budget law before Eid al-Fitr and submit it to Parliament.
Saleh explained that spending constitutes approximately 67% to 70% of the total public expenditures in the budget law, which consist of salaries, allowances, retirement, and social care.
The Prime Minister's advisor noted that the budget is approximately 200 trillion dinars, with a deficit of approximately 64 trillion dinars.
Iraq has a three-year budget for 2023, 2024, and 2025, and is required to submit the budget schedule to Parliament annually.
Parliament approved the 2024 budget schedule on June 3, 2025.
Iraq's 2024 budget amounts to more than 211 trillion dinars, an increase of approximately 12 trillion dinars compared to 2023.
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