AN OVERVIEW OF IRAQ’S FINANCES. BY MUHAMMAD AL-WAELI *

Deputy Prime Minister and Minister of Finance,  Ali Allawi held a brief press conference that painted a sobering picture about Iraq’s current financial situation. The presser came after an extraordinary cabinet meeting that debated Iraq’s strategy to face the current financial crisis and the measures to combat it, focusing largely on public sector reform and the development of

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Iraq adopts 2018 budget, slashing allocations for Kurds

BAGHDAD: Iraq's parliament on Saturday (Mar 3) adopted an US$88.5 billion budget for 2018, with Kurdish lawmakers boycotting the vote to protest against a cut in the amount allocated to their autonomous region. The reduction comes after a controversial independence reference by the Kurds last year sparked a furious dispute with the central government. The budget is based on p

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Iraq finance minister fights on two fronts. Hoshyar Zebari faces graft claims as he tries to save economy. By: Erika Solomon

Download PDF: iraq-finance-minister-fights-on-two-fronts-hoshyar-zebari-faces-graft-claims-as-he-tries-to-save-economy-by-erika-solomon Baghdad, SEPTEMBER 11, 2016 Hoshyar Zebari should have been preparing for loan negotiations that could save his country from economic collapse. Instead, Iraq’s finance minister sat in his office waving a file of papers he claims prove that bi

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