Dr. Abbas Fadhil Rasan Featured on “Dinar” Program on Al-Iraqiya News Channel to Discuss the 2027 Government Budget

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As part of Al-Mustaqbal University’s academic and media engagement, Dr. Abbas Fadhil Rasan, a faculty member in the Department of Financial and Banking Sciences, appeared on the “Dinar” program broadcast by Al-Iraqiya News Channel on Sunday, October 25, 2026. The discussion focused on the 2027 government budget and the key financial and economic directions reflected in the government’s plans. The discussion addressed several key observations regarding the budget, foremost among them the significant expansion in public expenditure, which raises questions about whether the budget adequately takes into account the austerity measures facing Iraq amid serious geopolitical challenges that have substantially reduced oil revenues. Dr. Rasan also highlighted the allocations for the Ministry of Electricity, which exceeded 20% of the total budget, as well as the extensive reliance on borrowing from various sources and the resulting increase in financial burdens. He noted that debt servicing exceeded 17 trillion Iraqi dinars, in addition to approximately another 17 trillion dinars allocated for interest and grants, without sufficient detailed clarification. According to the figures discussed during the program, these items collectively account for approximately 44% of the total budget. This media appearance reflects Al-Mustaqbal University’s commitment to strengthening the presence of its academic staff in the media and contributing to discussions on financial and economic issues of public concern. It also supports economic awareness and promotes specialized dialogue on the fiscal challenges facing Iraq. Al-Mustaqbal University — The No. 1 University in Iraq