Former Director of the Financial Supervision Bureau, Salah Nouri, confirmed today, Saturday, that developments in the global economic situation and military operations will greatly affect the Ministry of Finance’s re-adjustment of the 2025 budget schedules.
He added in his statement to {Al Furat News} that “the budget schedules are still with the executive authority (the government), and it is expected to be sent to the House of Representatives during the remainder of this October.”
Nouri explained that “the House of Representatives must approve the budget before the end of December 2024, in accordance with Financial Management Law No. (6) of 2019.”
alforatnews.iq