Iraq’s parliament on Monday approved a 2023 budget of 198.9 trillion dinars ($153 billion) that sets out record spending on a growing public wage bill and development projects to improve services and rebuild infrastructure ruined by neglect and war. The budget deficit is estimated at a record 64.36 trillion Iraq ...
Caretaker Minister of Energy and Water, Dr. Walid Fayyad, on Thursday received a letter from the Iraqi Oil Marketing Organization affiliated to Iraq’s Oil Ministry, informing him to proceed with doubling the monthly amount of fuel oil allocated to Lebanon under the valid agreement, from 80,000 to 160,000 tons, starting ...