The fate of Iraq's federal financial budget for 2026 remains shrouded in ambiguity amid significant economic challenges facing the country and declining certainty regarding oil revenues. Parliamentary sources indicated that the budget's framework is not yet clear, whether the government will move towards approving a mini-budget or deferring the entire file to next year, noting that the incomplete cabinet composition hinders the submission of the bill to parliament. Iraq is facing a complex financial situation, considered one of the most difficult in decades, due to geopolitical disturbances and their direct impact on oil exports through vital corridors, which constitute the primary source for funding expenditures. With a large percentage of these exports affected, doubts are increasing about the executive and legislative branches' ability to reach a consensus that ensures the state's financial stability in the coming period.