Sari announces first phase of program-based budget for electricity and two governorates in collaboration with Parliament and the World Bank
Iraqi Finance Minister Fahad Sari clarified that the first phase of the Program and Performance Budgeting will include the electricity sector and the governorates of Diwaniya and Saladin, aiming to direct spending towards sustainable projects with measurable results. This comes as part of the Ministry of Finance's efforts to prepare a new budget for 2027, following two years of the absence of an approved federal budget, in collaboration with the World Bank under the economic reform initiative. The goal of this approach is to improve financial resource management and to strengthen developmental and service projects across the country.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)