Member of the Parliamentary Finance Committee, Maan Al-Kazemi, confirmed that no final agreement has been reached on the percentage of reducing the budget deficit, but it could reach 18 trillion dinars.
Al-Kadhimi said in a televised statement: “The deficit is primarily in the operational field, that is, the commodity and service consumption of the ministries of furniture, which took a significant turn in the increase in allocations.”
He explained: “The approval of the budget will be during this month and will not exceed it.”
Source: National Iraqi News Agency