Parliamentary Finance Committee: The fate of the 2026 budget is linked to the speed of government formation.
Parliamentary Finance Committee: The fate of the 2026 budget is linked to the speed of government formation.
12-10-2025
The Information/Baghdad…
Member of the Parliamentary Finance Committee, MP Jamal Kojar, warned on Wednesday that the fate of the 2026 budget is directly linked to the swift formation of the next government.
Kojar told Al-Maalouma, “If the formation of the government is delayed, spending will be limited to paying salaries according to the 1/12 mechanism and disbursing advances to the governorates to cover essential expenses, in accordance with the Financial Management Law.”
He explained in a statement to Al-Maalouma that the approval of the 2026 budget has become contingent on the swift formation of the government within the constitutional deadlines, stressing that any delay will disrupt the budget and keep spending at its basic levels only.
He added that preparing a new three-year budget is currently unlikely due to a number of factors, most notably the continuous fluctuations in oil prices, on which the state relies for more than 90% of its revenues.
It is worth noting that the three-year budget approved by the Al-Sudani government faced significant challenges during its implementation, reflecting the difficulty of repeating a similar experience in the future.
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