Iraq Horizons

Iraq Horizons

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Iraq Horizons
Iraq Horizons
Parliament approves 7% hike in 2024 budget

Parliament approves 7% hike in 2024 budget

Jun 06, 2024
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Parliament’s recent approval of a 7% increase in overall budgetary spending marks another worrying development in Iraq’s fiscal landscape.

Following a vote on June 3, the government’s revised 2024 budget tables were approved, resulting in an additional 13 trillion IQD in spending and bringing total expenditure to an unprecedented 211 trillion IQD.

The gov…

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