Friday, April 18, 2025

Parliament's Finance Committee Expects The 2025 Budget To Be Unavailable At This Time: Its Deficit Will Reach 60 Trillion Dinars, 18 APRIL

 Parliament's Finance Committee Expects The 2025 Budget To Be Unavailable At This Time: Its Deficit Will Reach 60 Trillion Dinars.

Local | 10:09 - 04/17/2025  Mawazine News – Baghdad  Parliament's Finance Committee said on Thursday that it is unlikely that the 2025 budget will be submitted at the present time, while it expected its deficit to be 60 trillion dinars.

Committee member Jamal Koujar said, according to the official newspaper: "We expect that the current year's general budget tables will not reach parliament at the present time, due to the decline in oil prices, as it was based on a price of $70 per barrel."

He stressed that "if the old price is adopted, the deficit will be around 60 trillion dinars, in addition to an actual deficit accumulated from the past two years."  https://www.mawazin.net/Details.aspx?jimare=260794


FRANK26….12-17-25……AGAINST THE LAW

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