Shafaq News/ Economic expert said on Tuesday that the repeated delays in the past years in approving the budgets of Iraq and the continuing political crisis creates an unstable economic environment for repulsive investment indicating that Iraq is unique to the primacy of political decision on the economic decision.The economist Abbas Ghalibi said to "Shafaq t News", "delay in approving the budgets of Iraq during the previous years, as well as the instability of the political situation are centrifugal factors that create an environment for investment."Referred to the Finance Committee in the Iraqi Council of Representatives attributed earlier, the reasons for the late adoption of the budget year 2012, to the observations of the International Monetary Fund, saying that the proportion of the budget deficit was 30%.Ghalibi said  that "Iraq is unique political primacy of the political decision on the economic decision, which must be separate from the political problems and their consequences."

The Iraqi government endorsed in its emergency meeting in the 5/12/2011 budget in 2012 in the amount of $ 100 billion, equivalent to 117 trillion Iraqi dinars, and a deficit of up to $ 13.5 billion to 17 trillion dinars.

It focused on the energy sector and oil phase first, and then the security sector, and then the sectors of education and health.