The State Council announces the completion of the audit of the 2023 budget instructions

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The State Council announces the completion of the audit of the 2023 budget instructions

Today, Tuesday, the State Council declared that the audit of the tripartite budget has been finalized.

The State Council recently released a statement confirming that they have reviewed the instructions for implementing the Budget Law for the year 2023-2024-2025 No. (13) in 2023. The Minister of Finance, the Ministry of Planning, and other relevant authorities were present during this process to ensure that the procedures for implementing the law are made easy and efficient.

Yesterday, the Iraqi parliament voted on the federal budget law for the years 2023, 2024, and 2025, following five days of discussions.

The current year’s budget is worth 197 trillion and 828 billion Iraqi dinars, which is approximately 152.2 billion dollars. However, there is a total deficit of 63 trillion dinars, which amounts to 48.3 billion dollars. It’s worth noting that the details of the 2023 and 2024 budgets have not yet been disclosed.