The financial advisory bodies affiliated with the Prime Minister's Office have held a series of extensive meetings to crystalize a clear strategy for dealing with the temporary liquidity shortage in the public budget. According to issued official statements, detailed proposals submitted by the government's economic advisor to adopt an organized internal borrowing mechanism were discussed. The government-backed mechanism relies on issuing bonds or soft loans from the Central Bank and state banks to cover any potential deficit in financing projects listed within the 2026 plan. Government circles affirm that this step is considered a precautionary financial measure, standard global practice, aimed at sustaining the momentum of service and infrastructure projects without burdening future budgets with external debts and their interests. The Ministry of Finance is currently working on drafting the legal and regulatory framework for these loans to ensure their compliance with the Financial Management and Public Debt Law.
Eco
Apr 20, 2026
1 min read
Strategic Planning Committee Discusses Internal Borrowing Mechanisms to Execute the 2026 Budget
M
MN Iraq News Editorial Team
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