Iraq Considers Selling State Assets to Fund Salaries
Iraq is experiencing a severe financial crisis due to declining oil revenues and deteriorating liquidity, which has led to the proposal of selling or investing the country's extensive assets, valued at over $150 billion, in order to secure salaries for employees and cover public expenses. Market disruptions in the energy sector and the rising internal debt, which has exceeded 103 trillion dinars, have put pressure on the government to reorganize salary payments or reduce them, with suggestions including paying salaries every 45 days or deducting 25%. Although selling assets is considered a quick method to generate funds, experts warn of the risks of losing strategic property, emphasizing that genuine reform requires effective management of resources and diversification of income sources, rather than relying on temporary solutions.
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