Iraq to face budget challenge amid falling oil revenues Amid declining oil revenues and rising spending demands, Iraq’s next government is bound to encounter challenges drafting the 2026 federal budget, with experts warning that authorities may resort to austerity measures or continue temporary monthly spending mechanisms.
Iraq to face budget challenge amid falling oil revenues Amid declining oil revenues and rising spending demands, Iraq’s next government is bound to encounter challenges drafting the 2026 federal budget, with experts warning that authorities may resort to austerity measures or continue temporary monthly spending mechanisms.
