18 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Funding delays salaries in Baghdad
The Iraqi government is facing a funding crisis that has delayed the payment of state employees' salaries for July, due to a liquidity shortage resulting from declining public revenues and the repercussions of the ongoing US-Iran conflict, including the closure of the Strait of Hormuz. This situation has negatively impacted oil exports and made it difficult to secure the necessary funding. Despite the Ministry of Finance announcing the release of salary funds on the 22nd of the month, many institutions have yet to disburse their dues.
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