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Stephanie Starr
@StephanieStarrC
Iraq is already looking ahead to the 2027 federal budget, and that’s telling.
The Parliamentary Finance Committee is reviewing:
✔️ Fiscal plans
✔️ Spending reforms
✔️ Fee adjustments
✔️ Revenue optimization
✔️ Performance-based budgeting
This isn’t just about writing another budget, it’s about transforming Iraq into a modern, sustainable economy with stronger non-oil revenues, greater fiscal discipline, and improved government accountability.
Over the past few years Iraq has:
✅ Modernized its banking sector
✅ Expanded electronic payments
✅ Increased tax and customs collection
✅ Advanced digital transformation
✅ Worked to reconnect its financial system with global markets!
Preparing the 2027 budget while these reforms continue signals that Baghdad is planning beyond today’s challenges and building the financial framework for long-term economic growth (that we all know will increase the value of the dinar)
The foundation is being laid. Watch the reforms not just the headlines.
Source(s):
• https://x.com/StephanieStarrC/status/2081440040413004002
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