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Iraq faces growing fiscal strain
Baghdad (IraqiNews.com) – Iraq is under increasing financial strain as plummeting oil earnings tighten government budgets, with Health Minister Abdul Hussein al-Mousawi saying that ensuring monthly public-sector wages has become the government’s top priority. Speaking at a public meeting, al-Mousawi stated that the government requires approximately 10.8 trillion Iraqi dinars ($8.2 billion) per month to pay public-sector salaries, while current m…
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Iraq faces growing fiscal strain
Baghdad (IraqiNews.com) – Iraq is under increasing financial strain as plummeting oil earnings tighten government budgets, with Health Minister Abdul Hussein al-Mousawi saying that ensuring monthly public-sector wages has become the government’s top priority. Speaking at a public meeting, al-Mousawi stated that the government requires approximately 10.8 trillion Iraqi dinars ($8.2 billion) per month to pay public-sector salaries, while current m…
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