6 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Source: وكالة بغداد اليوم الاخبارية
6 Hrsوكالة بغداد اليوم الاخبارية
Source: وكالة بغداد اليوم الاخبارية
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The Prime Minister’s Advisor, Mizhar Mohammed Saleh, confirmed that adopting the Borrowing and Grants Law is a temporary measure to ensure the continuation of government spending until the general budget is approved, not a permanent alternative. He explained that fluctuating oil prices and expanding financial expenditures increase the need for borrowing, whether internally through bond issuance or externally from international institutions, in addition to benefiting from international grants. This measure is used in cases of budget delays to cover salaries and services, and it remains a temporary option, dependent on the level of needs and economic conditions. Its goal is to keep government institutions functioning until the legal procedures for the full approval of the budget are completed.
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