Economy‘There is no money’: Is Iraq entering a phase of lean years?
Iraq’s government needs roughly $8.24bn every month to pay state salaries and meet its basic obligations. The scale of that recurring requirement raises the question of whether the country is moving into a prolonged period of fiscal scarcity. The issue is framed around the government’s ability to sustain essential payments as money becomes increasingly constrained.
‘There is no money’: Is Iraq entering a phase of lean years?
Economy