Iraq Horizons

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Economy

Parliament moves to summon Finance Minister over budget violations
Finance Minister Taif Sami accused of financial mismanagement.
Sudani’s fiscal record under scrutiny ahead of election
Parliament oversight undercut by government refusal to respond to inquires.
IOC payments drive Iraq’s July budget deficit
The government disbursed 8.5 trillion IQD in compensation to foreign oil companies.
Low capital spending masks fiscal surplus
Data for the first half of 2025 shows a 5 trillion IQD budget surplus.
Iraq’s budget execution slows sharply amid budget approval delays
Average total monthly expenditures fell by 25% compared to in 2024.
2024 budget spending reveals contained deficit but missed investment targets
After months of delay, the Ministry of Finance has finally released the 2024 end-of-year budget execution figures.
Iraq's looming budget cuts: what to expect if oil prices stay low
With Brent crude currently trading at $63 per barrel, pressure is building on Baghdad to revise its spending priorities.
How will Iraq adapt to the loss of Iranian energy following waiver expiration?
The US sanctions waiver for Iraq expired on Saturday after the Trump administration decided not to renew it.
CBI accelerates reform measures to avoid financial isolation
CBI steps up efforts to demonstrate reform measures to curb money laundering and the misuse of US dollar.
High spending and shifting priorities push Iraq’s budget into deficit
Operational spending surged in November while capital investment dropped.
Central Bank reform measures face resistance from MPs
Anti-money laundering measure draws parliamentary scrutiny.
Rising expenditures and salary delays spark liquidity concerns
Assertions that the Iraqi government is facing a liquidity crisis have gained traction following delays in the payment of public sector salaries last…
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