policy
Prime Minister Ali Faleh Al-Zaydi has directed that the upcoming Tuesday session of the Cabinet be dedicated to discussing the draft federal budget law for the fiscal year 2027. The official spokesperson explained that this session aims to pave the way for the approval of the budget and its subsequent referral to the Iraqi Parliament. The 2027 budget adopts a methodology linking financial allocations to targeted outcomes and includes financial instruments designed to support economic development and enhance the ability to face risks and challenges. The draft also highlights the significance of the Development Road and the Sovereign Generations Fund as key strategic priorities within the budget framework.
