The political crisis in Iraq is casting a shadow over the 2026 financial file, with economic activity facing partial paralysis due to the budget bill not being sent to Parliament. The Parliamentary Finance Committee clarified that any legislative move to provide financial cover requires an official government request, amid proposals to reactivate emergency financing laws to avoid collapse in investment-related sectors. Observers believe that continuing to "freeze" the budget will increase the cost of future solutions and weaken the state's ability to face financial challenges in the second quarter of this year, necessitating the finalization of the government lineup to ensure financial stability.
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Accumulating Economic Losses: Finance Committee Hints at "Borrowing" to Address 2026 Budget Absence
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tajdeednews
26 Apr 2026
1 min read
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Accumulating Economic Losses: Finance Committee Hints at "Borrowing" to Address 2026 Budget Absence
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