15 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Iraqis face salary delays amid crisis
The article indicates that the Iraqi economy is facing a severe liquidity crisis that threatens the payment of salaries to employees and retirees, with an increased likelihood of disruptions in the coming months. Economic expert Ahmed Al-Tamimi confirmed that the ongoing gap between revenues and expenditures weakens the government's ability to meet its financial obligations, which could lead to market contractions and a decline in confidence in financial policies. Four urgent solutions are proposed, including securing sustainable sources of funding beyond reliance on oil, reordering priorities and reducing unnecessary spending, activating non-oil revenues, and adopting transparent financial policies to ensure salary stability and strengthen economic confidence. Experts emphasize that taking bold and early decisions is essential to avoid a comprehensive financial and economic collapse in the country.
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