Iraq Will Not Prepare the 2026 Budget and Will Shift to 2027; Salaries and Projects Face Uncertainty
Iraq will operate in 2026 without a legal budget; at a time when oil revenues have significantly decreased, the government is working on preparing the 2027 budget and expenditures.
AI Translated Summary:
Iraq is not preparing a budget for 2026 and is instead focusing on the 2027 budget amidst declining oil revenues. The government is facing challenges in managing expenditures due to the lack of a legal budget.
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