Another postponement… The Cabinet will vote on the 2027 budget next week.
Another postponement… The Cabinet will vote on the 2027 budget next week.
2026-11-10
Shafaq News – Baghdad
On Tuesday, Nasser Al-Turki, a member of the parliamentary finance committee, revealed that the vote on the draft federal budget law for 2027 in the cabinet had been postponed due to political disagreements that affected the passage of the law.
Al-Turki explained to Shafaq News Agency that the Cabinet was scheduled to vote on the draft budget during today’s session, but the vote was postponed until next Saturday.
He added that the disputes between the federal government and the Kurdistan Regional Government are moving towards a solution, predicting that all outstanding issues will be resolved and understandings will be reached that will allow for a vote on the budget law.
Al-Turki indicated that the Cabinet will vote on the draft law next week, either on Saturday or Tuesday, after which it will be referred to the House of Representatives to complete the necessary legislative procedures.
The office of Iraqi Prime Minister Ali al-Zaidi had announced that no session would be held last Saturday regarding the vote on the 2027 budget bill.
Another government source told Shafaq News Agency that there are disagreements regarding some items related to the Kurdistan Region’s budget, which have not yet been resolved.
It is noted that the Iraqi Cabinet was scheduled to hold an extraordinary session last Saturday, chaired by Al-Zaidi, to vote on the draft general budget law for 2027.
The Federal Ministry of Finance submitted the draft 2027 budget law to the Ministerial Council for the Economy on September 27th, after completing its preparation stages, before the Council approved it and referred it to the Cabinet.
On October 4th, the parliamentary finance committee decided to host Finance Minister Faleh Sari to discuss budget priorities and the date for sending it to parliament, and expressed its displeasure at not having been informed in advance about the draft of the project and its articles.
The preparation of the 2027 budget comes after the failure to approve the 2025 budget schedules and the failure to approve a budget law for 2026, which kept government spending during the two years according to the temporary spending mechanism at a rate of 1/12, based on the Financial Management Law.
shafaq.com
