Ministry of Finance Sends 2025 Budget Tables to the General Secretariat of the Council of Ministers for Ratification
Budget Department
[Section] 10
Subject: Preparation of the Current Budget...
Director | Date:
Republic of Iraq | Ministry of Finance
To: The General Secretariat of the Council of Ministers / Office of the Secretary-General
Republic of Iraq
Subject: The Budget
Re: Tables of the General State Budget for the Year 2025
This Ministry extends its greetings.
With reference to your letter No. (Q/5586/42/71/1/2) dated July 16, 2025—which references our letter No. (1510) dated June 1, 2025—
And pursuant to the provisions of Article (77), Paragraph (Second), of the Federal General Budget Law No. (13) for the years (2023–2024–2025),
We hereby attach the tables of the Federal General Budget Law No. (13) for the year 2025, along with their appendices—specifically Tables (A, B, C, D, E, and F)—as well as the Deficit Financing Table for the Federal General Budget Law No. (13) estimates for the year 2025, for the purpose of forwarding them to the Council of Representatives for ratification. Attachments:
Tables (June / July / August)
...With appreciation.
Includes a CD.
Taif Sami Mohammed
[Copy to:] Al-Baraa
Minister of Finance
Council of Representatives / Finance Committee / For your review... With appreciation.
Presidency of the Republic / Office of the President / With reference to the above / For your review... With appreciation.
Office of the Prime Minister / With reference to the above / For your review... With appreciation.
General Secretariat of the Council of Ministers / Legal Department / Regarding your correspondence [referenced] above... With appreciation.
General Secretariat of the Council of Ministers / Department of Council of Ministers and Committees Affairs / With reference to the above / For your review... With appreciation.
General Secretariat of the Council of Ministers / Ministerial Council for the Economy / With reference to the above / For your review... With appreciation.
Administrative and Financial Department / Outgoing Correspondence Section / For archiving purposes... With appreciation.
Rafat 4/22 (---> APR 22)
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Al-Jubouri: The government will be formed within two weeks, less than the constitutional deadlines.
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Al-Jubouri said, during his appearance on the “On the Ruler” program on Al-Furat satellite channel, that “things are moving towards accelerating the formation of the government within a period not exceeding two weeks, based on understandings between the political forces,” indicating that “Prime Minister-designate Ali Al-Zidi will return to the coordination framework regarding the formation of the ministerial cabinet and some files, as he is the supporting and sponsoring party.”
He added that "the coordination framework will hold a meeting tomorrow in the presence of the Prime Minister-designate to discuss the ministerial formation," noting that "Al-Zidi is assigned a service-oriented task and refuses to engage in any discussion related to his financial dealings with the state."
He explained that "the new government will face major challenges, foremost among them the economic situation and foreign relations, especially with neighboring countries," noting that "the Wisdom Movement announced its support for Al-Zaidi and its backing for him in this matter."
Al-Jubouri added that "the United States is awaiting the outcomes of the new Iraqi government and will base its position on them," stressing "the need for the next government to have plans to address regional challenges, including the repercussions of the closure of the Strait of Hormuz and its impact on Iraqi oil exports."
He pointed out that "the coordination framework hopes for the success of Al-Zaidi's government, and at the same time will monitor its performance," noting that "the framework stipulated that Al-Zaidi not participate in the elections or form a political party, and he expressed his unwillingness to go in this direction."
Al-Jubouri concluded by saying, "The framework formed two committees, one of which is concerned with discussing the ministerial formation, and it has made significant progress in its work."
Ali al-Zaidi receives an American certificate “and did not send dollars to the Revolutionary Guard”
A report in Asharq Al-Awsat newspaper on Wednesday (April 29, 2026) stated that an independent investigation conducted by the American law firm K2 Integrity found no credible evidence linking Iraqi Prime Minister-designate Ali al-Zaidi to financial activities connected to the Iranian Revolutionary Guard. The report emphasized that the restrictions previously imposed on him were due to reputational risks and not to proven involvement in money laundering operations, at a time when his appointment is facing internal and external political scrutiny amidst the complexities of the financial landscape and relations between Baghdad, Washington, and Tehran.
The US Embassy in Iraq expressed its support on Wednesday, April 29, 2026, for Prime Minister-designate Ali al-Zubaidi in his efforts to form a new government, stressing its aspiration to enhance security, preserve Iraq’s sovereignty, and achieve a partnership that serves the interests of both countries.
US President Donald Trump had previously opposed the nomination of Nouri alMaliki by the Coordination Framework forces for the premiership, which prompted them to put forward an alternative candidate, Ali al-Zidi. This was in the context of a broader US trend of not supporting figures or forces accused of undermining the internal balance or of being close to Iran. Washington also focuses its positions on pushing for governments that are described as more independent and limit the influence of armed factions linked to Tehran.
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An American law firm said that a recent independent investigation it conducted showed no evidence linking Iraqi Prime Minister-designate Ali al-Zaidi to financial activities connected to Iran’s Revolutionary Guard, stressing that the restrictions imposed on him in 2024 were due to “reputational risks,” not“proven involvement in money laundering.” This clarification comes at a time when al-Zidi’s sudden appointment to form a government in Baghdad, succeeding Mohammed Shia al-Sudani, is facing political scrutiny regarding his background, after a bank he owns was included in restrictions imposed by the Central Bank of Iraq on dollar transactions, as part of what was then described as a “campaign to combat illicit financial flows.”
An American law firm said that a recent independent investigation it conducted showed no evidence linking Iraqi Prime Minister-designate Ali al-Zaidi to financial activities connected to Iran’s Revolutionary Guard, stressing that the restrictions imposed on him in 2024 were due to “reputational risks,” not“proven involvement in money laundering.” This clarification comes at a time when al-Zidi’s sudden appointment to form a government in Baghdad, succeeding Mohammed Shia al-Sudani, is facing political scrutiny regarding his background, after a bank he owns was included in restrictions imposed by the Central Bank of Iraq on dollar transactions, as part of what was then described as a “campaign to combat illicit financial flows.” Representatives of K2 Integrity, who asked not to be identified because they were not authorized to speak to the press, said that an independent investigation by the firm found "no credible evidence" linking al-Zaydi or Bank of the South to the Quds Force, and did not detect any direct financial flows from the bank to regional entities classified as high risk.
One of the representatives explained to Asharq Al-Awsat that the ban recommended by the US Treasury Department and the Federal Reserve in New York on the Bank of the South was limited to dealing in US dollars, and was driven by risks related to the bank’s reputation and ownership, and not because of proven violations related to money laundering or financing of entities linked to Iran. Al-Zaidi, a businessman who owns companies with his brother and partners, including “Al-Awais,”“Al-Janoub,” and “Dijlah Channel,” is a mysterious figure in the political scene. His appointment came amid public American rejection that led to the exclusion of Nouri al-Maliki from the race, while it was reported that an unannounced rejection also excluded al-Sudani.
Restrictions on Iran
In February 2024, Iraq imposed restrictions on eight local banks, including the South Islamic Bank, preventing them from accessing dollars through the central bank's window. This move was part of a US-led effort to curb money transfers to Iran. A Treasury Department spokesman at the time said the measures were aimed at"protecting the Iraqi financial system from misuse,"referring to concerns about the use of the U.S. currency in illegral activities. This case highlights the ongoing challenge Baghdad faces in balancing its relations with both the United States and Iran, given its heavy reliance on the US dollar, with Iraq receiving approximately $10 billion in cash annually from the Federal Reserve, according to official estimates.
The US Embassy in Baghdad welcomed al-Zaidi's appointment, affirming its support for efforts to form a government that"reflects the aspirations of the Iraqi people" this comes after months of political deadlock and pressure from the Trump administration, which threatened to cut off aid to Iraq if Maliki returned to power.
Al-Zaydi faces a 30-day deadline to form his government, amid sharp divisions within the "coordination framework," and at a time when regional tensions have been escalating since the military strikes on Iran in February 2016, and the subsequent targeting of US interests in Iraq by armed groups.
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