Tag Archives | Iraq Budget News

Iraq Business News brings you the latest Iraq budget news – including the Iraq investment budget, Iraq infrastructure projects and more.

In Iraqi Kurdistan, Teacher Strikes highlight Schooling Crisis

By Winthrop Rodgers for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. In Iraq's Kurdistan Region, teacher strikes highlight schooling crisis The regional government is three months behind on paying its public servants, including teachers, as part of larger budget disagreements […]

Key Investment Projects in 2023 Budget Approved

By John Lee. The Iraqi Ministry of Planning has granted approval for the inclusion of earmarked investment projects in its 2023 budget. The projects encompass allocations such as 1 trillion dinars [$763 million] for Iraq Development Fund projects, 500 billion dinars for projects in the most impoverished provinces fund, 50 billion dinars for Sinjar and […]

IMF: Iraq Economic Activity is Recovering

By John Lee. A team of the International Monetary Fund (IMF) has concluded a visit with Iraqi officials, concluding: Economic activity is recovering, although oil production cuts are weighing on overall growth, and at the same time inflation has declined. The large fiscal expansion in the three-year budget law poses significant risks to fiscal and […]

With Iraq's New Budget, Baghdad "goes after Kurdish Oil"

By Joseph Daher for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. With Iraq's new budget, Baghdad goes after Kurdish oil Taking advantage of festering divisions within Kurdistan and the weakening of the KRG government, Iraq's central government has seized its […]

How Iraq's New Budget affects Oil Arrangement with KRI

By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq's new budget affects oil arrangement with Kurdistan region The success of Iraq's largest-ever budget is partially dependent on oil prices, and follows the federal government asserting more […]

Iraqi President Ratifies Budget

By John Lee. On Wednesday, June 21, 2023, the President of the Republic of Iraq, Abdullatif Jamal Rashid endorsed the country's Federal Financial Budget Law. Approval and ratification of the general budget is a first step in implementing the government's agenda, which includes meeting citizens' needs and enhancing public welfare. Besides improving health and educational […]