The Ministry of Finance has announced the implementation of the first phase of the program and performance budget, targeting the electricity sector alongside the provinces of Al-Diwaniyah and Salah Al-Din. This step serves as an initial phase before expanding the
system to all state institutions over the next three years. The electricity sector was selected due to its massive financial expenditures that have not yielded the desired results, necessitating the redirection of allocations toward sustainable solutions and measurable outcomes. Including
the two provinces aims to accelerate service and developmental projects based on actual priorities. Financial authorities reaffirm their ongoing efforts to maximize non-oil revenues and fulfill government obligations to ensure the sustained funding of essential projects.
