Will Al-Zaidi act on his crisis proposals
The article addresses the financial crisis faced by Iraq due to the repercussions of the American war on Iran and the closure of the Strait of Hormuz. It mentions that Prime Minister Ali Al-Zeidi proposed measures including raising the exchange rate of the dollar, establishing a sovereign fund from oil revenues, and selling unproductive industrial assets to alleviate debts exceeding $83 billion. Economic experts express skepticism about the feasibility of these proposals given the halt in oil exports and the depletion of revenues, along with warnings about the potential impacts of inflation and the lack of transparency. This situation reflects the depth of Iraq's financial crisis and the challenges involved in implementing the proposed solutions.
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