Years of unrestrained spending and economic mismanagement have come to a head as oil prices drop and security costs soar, triggering risky fiscal maneuvers and IOC worries.
Whenever the media office of the Council of Ministers publishes decisions of the Cabinet, Beyond the Headlines features a translation from the original Arabic.
Parliament passes budget with toned-down revenue expectations and rules for Baghdad-KRG oil cooperation.
Export and revenue flows have fallen short of expectations, threatening to undermine a tenuous oil accord, even with the budget approved.
Whenever the media office of the Council of Ministers publishes decisions of the Cabinet, Beyond the Headlines features a translation from the original Arabic.
The Finance Committee has cut Iraq's overall budget to $95 billion and shifted money from the Ministry of Defense to Shia militias and refugees.
Whenever the media office of the Council of Ministers publishes decisions of the Cabinet, Beyond the Headlines features a translation from the original Arabic.
The head of the Parliament Finance Committee talks about priorities for cutting costs while being able to pay for defense, refugees and IOCs.
Whenever the media office of the Council of Ministers publishes decisions of the Cabinet, Beyond the Headlines features a translation from the original Arabic.
Whenever the media office of the Council of Ministers publishes decisions of the Cabinet, Beyond the Headlines features a translation from the original Arabic.
