Finance Minister: Progress in Budget Preparation

Finance Minister Falah Sari pointed out that Iraq has made significant progress in the development of the program and performance budget, amid efforts to revise the budgeting methodology from focusing on financial allocations to measuring results, objectives related to projects, and performance indicators. The meeting was attended by representatives from various governorates, the Kurdistan Regional Government, and the House of Representatives. During it, the progress made in the stages of budget preparation according to the set schedules was reviewed, along with discussions on observations and proposals to complete the necessary standards for the project. This shift aims to enhance transparency and achieve a more accurate and realistic budget by linking financial data to the results of government programs. It constitutes a step toward a gradual transition in Iraq's public financial management approach.

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