Fitch: With limited scope to cut spending, Iraq's total expenditure is expected to fall as authorities adjust to lower revenues; a renewed escalation of hostilities tied to the Iran war in late 2027 or thereafter cannot be ruled out.

2026-11-09

Fitch: With limited scope to cut spending, Iraq's total expenditure is expected to fall as authorities adjust to lower revenues; a renewed escalation of hostilities tied to the Iran war in late 2027 or thereafter cannot be ruled out.