Baghdad-INA
The spokesperson for the Prime Minister, Haider al-Abudi, confirmed on Wednesday that the Prime Minister's upcoming visit to the United States will include important files and initiatives.
Speaking at a press conference held at the Council of Ministers and attended by a correspondent from the Iraqi News Agency (INA), the spokesperson said, "Based on the directives of Prime Minister Ali al-Zaidi, the government has decided to adopt a program-based budget in coordination with the World Bank and the Parliamentary Finance Committee to gradually strengthen economic reforms."
He added, “The Prime Minister has adopted the Development Fund project through effective international contributions, and the starting point for the project is $100 billion, which may reach $250 billion,” he pointed out that “the Development Fund is an investment vehicle that receives international contributions from Iraq’s friends, and this contribution covers the requirements of the development situation.”
Al-Aboudi explained that “the government adopts a program-based budget, and the Prime Minister has reservations about the budget method, believing that it does not meet aspirations,he believes that a program-based budget is the best option at this stage,” noting that “the Prime Minister’s upcoming visit to the United States includes important files and initiatives.”