Source: Iraqi Parliament to approve 2023 budget of 140 trillion dinars soon


EconomyIraqiParliamentBudget 2023

2022-12-05 12:11Font

Shafaq News/Iraq’s Parliament will approve the 2023 budget of 140 trillion Iraqi dinars in the coming days as the country wrestles with an economic and financial crisis.

A source in the Parliamentary Finance committee, Mouin Al-Kadhimi, revealed to Shafaq News Agency that Prime Minister Muhammad S. Al-Sudani directed the minister of finance to complete the 140-trillion-dinars budget law to approve it and then refer it to the Parliament.

The budget deficit is estimated at 20 trillion Iraqi dinars, he said.

The 2023 budget set an oil price between $60-65 a barrel.

It is worth noting that Iraq depends on oil revenue for 95 percent of its income.

https://www.shafaq.com/en/Economy/Source-Iraqi-Parliament-to-approve-2023-budget-of-140-trillion-dinars-soon

Advertisement

One thought on “Source: Iraqi Parliament to approve 2023 budget of 140 trillion dinars soon

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s