Iraq's 2023 Budget Expectations

Mahmood Baban

Although Iraq's revenues have exceeded $90 billion this year, the government could not set a budget for 2022, the same as in 2020. However, the Iraqi government is now preparing the 2023 budget. Due to the central bank's reserves and oil prices, the 2023 budget is expected to be the most significant proposed budget for Parliament in the modern history of Iraq.