Iraq has officially begun preparing its 2027 federal budget, and this year's budget process could

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be especially important for the country's financial stability, oil revenues, government spending and the Iraqi dinar. The Ministry of Finance has started preparing the 2027 Iraq budget, while the Parliamentary Finance Committee says the Grants and Borrowing Law will receive its first reading next week. Officials say Iraq needs a budget in order to achieve financial stability, with the budget expected to play a role in determining the exchange rate, oil price assumptions, export mechanisms and government financial operations. At the same time, Iraqi Prime Minister' ...