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وكالة موازين نيوز
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وكالة موازين نيوز

2026-11-13T00:00:00.000Z

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Top Spending Priorities

Top Spending Priorities

Prime Minister’s financial affairs adviser, Mazhar Mohammed Salih, said that salaries, wages, pensions and social welfare—along with payments due to contractors and farmers, electricity maintenance, and municipal services—are at the top of Iraq’s spending priorities. He said rising oil prices and higher export volumes could boost revenues, with oil revenues accounting for around 90% of the budget, despite geopolitical risks to exports. He called for resources to be allocated according to priorities and revenues assessed on the basis of their annual average relative to spending, without resorting to borrowing.

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