Download PDF: iraq-finance-minister-fights-on-two-fronts-hoshyar-zebari-faces-graft-claims-as-he-tries-to-save-economy-by-erika-solomon Baghdad, SEPTEMBER 11, 2016 Hoshyar Zebari should have been preparing for loan negotiations that could save his country from economic collapse. Instead, Iraq’s finance minister sat in his office waving a file of papers he claims prove that bi
Read More
Download the book as PDF file and klick the following link World Bank-Republic of Iraq, Public Expenditure Review
Read More
Baghdad (AFP) - Iraq's parliament adopted Wednesday a 2016 budget of $88.2 billion, based on projected oil prices of $45 per barrel, according to a copy received by AFP. The budget includes oil production the federal government does not now control and envisions a rise in oil prices, meaning revenue may fall short of projections. Parliament speaker Salim al-Juburi announced t
Read More
Oct 21 (Reuters) - Iraq's fiscal deficit is expected to hit 11.9 percent of economic activity in 2016, the finance minister said on Wednesday, as the country struggles to fund fighting against Islamic State in the face of dropping crude prices. The government's budget proposal, which awaits parliamentary approval, envisions expenditures of 106.9 trillion dinars ($95 billion) w
Read More
Iraq’s government has certainly tried to address the deficit in the version that was approved on Dec. 23, in which the budget reached 123 trillion Iraqi dinars (nearly $100 billion). Yet, in the end, all of these attempts cannot address Iraq’s budget crisis for 2015 or the following years, given the nature of the Iraqi economy, which mainly depends on oil production, as well as
Read More