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Category: Iraqi Budget 2018

3 Elements to Strengthen the 2018 Budget Discovered by the IMF

3 Elements to Strengthen the 2018 Budget Discovered by the IMF

On Sunday, the financial adviser to the Iraqi Prime Minister, Muhammad Saleh issued a statement that the IMF has discovered 3 elements to empower the Iraqi federal budget 2018, and most of Iraqi debts are internal. The IMF (International Monetary Fund) is looking the financial fortification of these 3 elements in the Iraqi budget 2018. Saleh said in a press interview that the upcoming budget has a significant amount of reduction in the unnecessary expenses and maximize non-oil revenues in…

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Iraqi Budget 2018 Reached in Iraqi Parliament for Voting

Iraqi Budget 2018 Reached in Iraqi Parliament for Voting

On Wednesday, a member of the Iraqi Parliamentary Finance Committee, Majida Al-Tamimi issued a statement that the draft budget bill 2018 has arrived in the Iraqi House of Representatives. She also confirmed that 12.68% in the total amount of federal budget 2018 included for the Kurdistan Region. Al-Tamimi said in a press interview that the Presidency of the House of Representatives has received a copy of the draft budget law 2018 on Wednesday evening. She indicated that the Iraqi federal…

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The Share of Kurdistan in Iraqi Budget 2018 Reduced at 12.67%

The Share of Kurdistan in Iraqi Budget 2018 Reduced at 12.67%

The total estimated value of Iraqi federal budget 2018 is amounted at 85.33 trillion Iraqi dinars ($71.65 billion) with an estimated deficit of 22.78 trillion Iraqi dinars ($19.13 billion). One of the famous Iraqi economists said that the Iraqi budget will not exceed 110 trillion Iraqi dinars. The Iraqi government has dedicated 20% projects for the reconstruction in the destructed areas liberated from Daesh and other terrorist gangs. The draft law of Iraqi budget 2018 shows the total share of…

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