Parliament looks set to receive draft 2023 federal budget imminently

The government’s proposed 2023 federal budget could be approved by cabinet as early as tomorrow, which would pave the way for the start of weeks of negotiations and debate in parliament scheduled before the budget can be put to a vote. There has been a flurry of budget-related activity in recent days, with a KRG delegation arriving in Baghdad on Sunday to hammer out the details of a revenue-sharing deal. Meanwhile, PM Sudani met today with Speaker Halbusi, signalling that a coordinated effort between the executive and legislative branches was underway, while President Rashid issued a statement underscoring the importance of accelerating the budget approval process.