Government borrows 106T amid war losses
The financial advisor to the Prime Minister, Muzhir Muhammad Saleh, confirmed that Iraq's internal borrowing has exceeded 106 trillion dinars to cover essential expenses. Meanwhile, the country has lost approximately 85% of its oil revenues as a result of the repercussions of the war and the Hormuz Strait crisis. The government is working on approving the draft law on loans and grants to ensure the funding of salaries and services.
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