Economy 

Iraq increases its oil production: Will it alleviate the state’s financial deficit?

Iraq relies heavily on oil revenues, with oil accounting for 89% of government income. This dependence has made the country reliant on borrowing from abroad or domestically to cover the budget deficit caused by global oil price crises. After the Council of Ministers approved the largest budget in Iraq for 2024, amounting to 221 trillion…

A change affects the 2024 budget schedules and causes their delay

After the first quarter of the current year has passed, the political and popular circles are still awaiting the approval of Iraq's budget, the largest and most deficit-ridden in its history, amid fears of causing financial and economic problems that the government cannot address, especially after the sudden change in the total amount to reach…