Iraq's reform budget heads to parliament
Parliament is debating the 2021 budget, which is the first budget drafted based on the White Paper for economic reform.
The Iraqi parliament is debating the 2021 state budget, while voting is anticipated before the end of January 2021.
The state budget is projected at $113.2 billion, with an estimated deficit of $50.3 billion to be covered via borrowing, additional taxes and a currency devaluation by 18.5%.
