Iraq Business News brings you the latest Iraq budget news – including the Iraq investment budget, Iraq infrastructure projects and more.
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Planning Beyond a Baghdad-Kurdistan Budget Deal Iraq's bloated 2023 budget has created space for the Kurds to get a share of the wealth this year, […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraqi lawmakers approve record government spending, deficit? After extensive discussions, Iraq's Council of Ministers has submitted a draft budget law for 2023 to the parliament. The move is the first major legislative […]
By Charles Kennedy for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Risky Reliance On Oil Revenues Iraq managed to collect a lot of revenues from oil exports last year due to higher prices, but the Iraqi economy remains heavily reliant […]
By John Lee. Iraq's Federal Supreme Court has ruled that budget payments from the Federal Government in Baghdad to the Kurdistan Regional Government (KRG) are unlawful. In response to the court's decision, the KRG issued a statement strongly opposing this verdict, calling it "unconstitutional and illegitimate". The statement also added: "This court is not constitutionally […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Despite criticism, Iraq's PM pursues expansion of public sector Iraqi Prime Minister Muhammad Shia' Al-Sudani has kicked off a major campaign to expand the country's social safety net. This comes only weeks after […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Markets Discount and Look through Violent Clashes The market, as measured the Rabee Securities RSISX USD Index, was up 2.1% for the month, and up 1.2% for […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. "Sell in May and Go Away - in July !!!" The market, as measured by the Rabee Securities RSISX USD Index, was down 5.6% for the month, […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Supplementary Budget Stabilises the Market The market, as measured by the Rabee Securities RSISX USD Index, was up 3.4% for the month, and up 5.1% for the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraq remains without a budget in place Nearly ten months after parliamentary elections, Iraq's political parties have still not managed to form a government, holding up the passage of important legislation-including the […]
By Yesar Al-Maleki, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq once again leaps into the void, but not before political elites secure funding For Iraqis, two key events last week will shape the rest of this […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi parliament passes urgent food security bill The Iraqi judiciary had blocked a previous version of the legislation, which empowers the government to address rising food prices and shortages resulting from […]
By John Lee. A financial advisor to the Iraqi Prime Minister has said he expects Iraq's revenues this year to exceed $150 billion. Speaking to the state-controlled Iraqi News Agency (INA), Mudhar Muhammad Salih said sustained high oil prices, combined with non-oil revenues of "no less than $8-10 billion", will result in total revenues for […]
