Baghdad Executive Director of the “Iraq Future Foundation, concerned with economic affairs, ” Manar Al-Obaidi, ruled out completely approving the budget for this year 2022, while noting that the age of the food security law ends at the end of this year.

Al-Obaidi said in a statement to the National Iraqi News Agency / NINA /: “The 2022 budget will not be approved, and there is fear that the 2023 budget will not be approved as well as a result of not forming a government,” noting: “The formation of the government will take a long time to approve the 2023 budget.”

He added: “The Food Security Law ends with the end of the current fiscal year, and that the next year will be based on the Financial Management Law.”

Source: National Iraqi News Agency