Iraqi economy caught in US budget tussle
Iraq is a country that has been devastated by years of war and now falling oil prices. The war against the Daesh terrorists, which claims lives almost daily, has increased the risk of fiscal instability.
But when news came out that Iraq’s economic recovery is tied up by the US budget tussle, that was worth looking into the basic question being why Iraq’s economic recovery plans is tied up by the US budget.
Iraq is facing a perfect economic storm. The country is facing monumental challenges: falling oil prices, the war against the Daesh terrorists, millions of displaced citizens, and staggering costs for reconstruction. How can it afford these all at once?
Iraq
Iraq
Iraq
Haider al-Abadi
Haider al-Abadi
Haider al-Abadi
ISIL
ISIL
ISIL
imf
imf
imf
Mosul
Mosul
Mosul
Ramadi
Ramadi
Ramadi
Christine Lagarde
Christine Lagarde
Christine Lagarde
Daesh
Daesh
Daesh
Hoshyar Zebari
Hoshyar Zebari
Hoshyar Zebari
World Bank
World Bank
World Bank
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