Finance Undersecretary Masoud Hayder Discusses Budget and Reform at RCD

The Undersecretary first addressed the delay in passing the fiscal budget, explaining that there were both technical reasons and political disagreements among various factions. He described the current budget as traditional and inconsistent with modern fiscal planning.
Mr. Hayder outlined the disagreements between the Federal Government and the Kurdistan Regional Government, emphasizing that they are being addressed in light of the political understandings that preceded the government's formation, as well as through legal and constitutional frameworks.
He pointed to a set of challenges facing the financial sectors in Iraq, highlighting two critical issues:
· The continued replication of budgets and financial projects from previous governments.
· The reliance on outdated line-item budgets instead of modern, program-based budgets.
This seminar is part of the periodic sessions hosted by Al-Rafidain Center for Dialogue (RCD), aligning with its scientific and research activities and its mission to discuss the most prominent political, economic, social, cultural, and religious issues.






































































