Tishwash: Al-Khafaji told: The cabinet will be finalized and voted on next Thursday.
Member of Parliament Miqdad al-Khafaji predicted that the cabinet formation process would be finalized and voted on in Parliament next Thursday.
Al-Khafaji told Al-Mada in an exclusive interview that “the end of this week will be the expected date for finalizing the cabinet and voting on it.”
Regarding the most prominent candidates, he explained that several names were put forward during the negotiations, but none of them has been definitively decided yet, noting that an agreement has been reached on most of the names put forward. link
Tishwash: The 2027 budget: 1 million contracts to be finalized and 200 trillion to be spent.
In a few days, the draft federal budget for the year (2027) will land in the parliament building with total spending estimated at about (200) trillion dinars and a deficit of (65) trillion, opening the door to heated discussions regarding the regularization of one million contractors and the funding of employee salaries.
In a statement to Al-Sabah, Ali Al-Moussawi, a member of the parliamentary finance committee, confirmed that the decision to regularize about one million employees from contracts and daily wages on the permanent staff was included in the (2027) budget without the service condition.
For his part, Omar Mohammed, a member of the parliamentary economic committee, explained that the project also includes appointing the top graduates in the third batch, in conjunction with the Ministry of Finance’s inventory of the numbers and calculation of the financial costs.
For his part, Jamal Kojar, a member of the parliamentary finance committee, revealed, based on a statement from the Minister of Finance, that the budget will reach approximately 200 trillion dinars, with 150 trillion dinars allocated to the line-item budget and 50 trillion dinars to the program and performance budget.
This aligns with the expanded application of this system to link spending to objectives. Committee member Ikhlas al-Dulaimi indicated that the budget faces a projected deficit of approximately 65 trillion dinars (previous estimates indicated around 64 trillion dinars), based on an assumed oil price between $60 and $70 per barrel. Al-Dulaimi affirmed that employee salaries will be secured, given the continued oil exports at rates ranging between 3 and 4 million barrels per day and the existence of a supporting cash reserve at the Central Bank. link
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Tishwash: Prime Minister: Proceeding with the implementation of government programs and plans
Prime Minister Ali Falih al-Zaidi affirmed today the continuation of the government’s programs and plans in the face of challenges.
The Prime Minister’s Media Office said in a statement seen by (Shafaqna Iraq) that “Prime Minister Ali Faleh al- Zaidi received the head of the Supreme Islamic Council of Iraq, Sheikh Humam Hamoudi, and his accompanying delegation.”
He added that “the meeting witnessed discussions on all national files and issues, with dimensions that affect the lives of citizens, and the service and economic aspects.”
He added that “during the meeting, emphasis was placed on the importance of strengthening efforts to complete the formation of the government, and proceeding with the implementation of the government’s programs and plans in the face of the difficult challenges related to crude oil exports, the development of the electricity sector, and diversifying the sources of support for the Iraqi economy.” link
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Tishwash: Al-Zidi launches an economic package worth 3.5 trillion dinars to stimulate the market and finance projects.
Prime Minister Ali al-Zidi launched on Sunday (September 4, 2026) a package of financing measures worth 3.5 trillion dinars, which included allocating 2 trillion for housing and industry, 1 trillion to pay contractors and farmers half, in addition to injecting 500 billion to raise the balance of the “Generations Fund” to 1.5 trillion dinars.
The Prime Minister’s Media Office stated in a statement received by Network 964 that “he chaired a meeting today, Sunday, which included the Minister of Finance, the Governor of the Central Bank of Iraq, the Head of the Board of Advisors, a number of advisors, general managers of government banks, and representatives of private banks, which was dedicated to discussing a number of initiatives and measures aimed at revitalizing the market, stimulating economic activity, and enhancing the role of the banking sector in financing productive and investment activities.”
The statement added that “during the meeting, ways to stimulate economic sectors, particularly industry, agriculture, housing, construction, tourism and services, were discussed, as well as providing the necessary financing for projects, in order to contribute to increasing economic activity, supporting the private sector and providing job opportunities.”
He added that “the meeting resulted in a package of decisions and executive measures to be implemented immediately, as follows:
1. Directing the existing initiatives of the Central Bank of Iraq towards the real estate and housing sector with an amount of (1) trillion dinars, in a way that contributes to revitalizing this sector and the economic sectors related to it.
2. To enhance the liquidity available to the Iraqi Trade Bank and the Industrial Bank by an additional amount of no less than (1) trillion dinars, to direct it towards financing industrial projects and supporting productive activity.
3. The Ministry of Finance will finance the dues of contractors in the amount of (500) billion dinars, which will contribute to enhancing liquidity for companies and contractors and the continuation of project implementation.
4. Paying farmers their dues in the amount of (500) billion dinars, to support the agricultural sector and enhance economic activity in this sector.
5. To strengthen the Generations Fund initiative with an additional amount of (500) billion dinars, added to its current balance of (1) trillion dinars, thereby enhancing its ability to finance targeted initiatives and projects.”
The Prime Minister stressed “the importance of expediting the implementation of the decisions taken, and transforming the financing initiatives into actual measures that directly impact market activity, while monitoring implementation and coordination between the Ministry of Finance, the Central Bank, banks and relevant authorities.”
For its part, the Central Bank of Iraq affirmed its “readiness to support the stability of banking operations and to provide a monetary and financial environment that supports economic activity, within the framework of the approved monetary policy, and in a way that serves development and financial and monetary stability in Iraq.” link
Tishwash: 2027 Budget: Parliament rebukes the Minister of Finance and decides to summon him.
On Sunday, the parliamentary finance committee decided to host Finance Minister Faleh Sari to discuss the priorities of the 2027 federal budget law and the date it will be sent to the House of Representatives. The committee expressed its displeasure with the minister for not communicating with the committee and informing it of the articles and draft of the law.
Member of Parliament’s Finance Committee, Bassem Al-Gharabi, told Shafaq News Agency that “the Finance Committee met today and decided to host the Minister of Finance to discuss the priorities of the Federal Budget Law for the year 2027 and when it will be sent to the House of Representatives.”
He added that there is “a grievance against the Minister of Finance for not communicating with the Parliamentary Finance Committee and informing the committee about the articles and draft of the budget law,” stressing: “We are one team, and we are supposed to work together to pass the budget law.”
Al-Gharabi indicated that the date for hosting the Minister of Finance in the committee “will be determined as soon as possible,” with the aim of reviewing the size of the budget and oil and non-oil revenues, as well as the size of operational, public and investment expenditures.
For his part, MP Ahmed Al-Saadi, from the Al-Hikma parliamentary bloc, told Shafaq News Agency: “Today I met with the Minister of Finance to inquire about the general budget law for the year 2027,” indicating that the budget “contains clear and new qualitative objectives that differ from previous budgets.”
Al-Saadi added that the Minister of Finance informed them today, “officially, that the budget law includes 100,000 job positions for appointment on a contractual basis, most of which will go to older graduates.”
He explained that “the 100,000 job positions will be distributed across all Iraqi governorates according to the population ratio of each governorate,” noting that “all contracts in all ministries and state departments will be made permanent in the budget law.”
The Finance Committee of the Iraqi Parliament had previously expressed its deep dissatisfaction with the mechanism used in preparing the draft of the Federal General Budget Law for 2027, due to the Ministry of Finance referring the draft to the Council of Ministers without prior consultation and coordination with Parliament.
According to the Federal Financial Management Law, the draft budget was supposed to be submitted to the Cabinet at the beginning of September (last month), and then referred to Parliament by mid-October (this month) for approval, with the draft reaching the House of Representatives on the 15th of this month.
The Parliamentary Finance Committee held a meeting today, Sunday, to discuss the requirements of the draft budget before its approval and voting within the committee, in addition to hosting the Ministers of Finance and Planning and inviting the relevant Directors General in the two ministries to brief the committee on the necessary details and data.
The committee also discussed requesting documents and information from the Ministries of Finance, Planning, and Oil, the Central Bank of Iraq, and reports from the Federal Board of Supreme Audit, as well as determining the list of documents that must be attached to the draft law and the timetable for studying it. link
