19 Hrs
Source:
المدى
Iraqi Finances Strained by Borrowing
The public finances in Iraq are facing a significant challenge due to declining oil revenues and decreasing liquidity, which has put great pressure on the state's treasury and made it difficult to pay employees and retirees. As a result, the government has resorted to extraordinary financing measures to secure the necessary liquidity to meet its monthly commitments, even as oil revenues continue to decline.
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