Parliament moves to approve borrowing law due to salary concerns
The head of the Iraqi Parliamentary Finance Committee, Adi Awad, confirmed that the Parliament is moving towards legislation of the draft Borrowing and Grants Law for 2026, due to the absence of a national budget law. He added that the Parliament and the Finance Committee are working on issuing this law to compensate for the lack of a budget, reflecting the need for an alternative financial framework to ensure fiscal sustainability in the coming period.
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