Advisor to the Prime Minister: The financial situation of Iraq is currently under warning

Thursday 19th March 2020 - 18:36

Advisor to the Prime Minister: The financial situation of Iraq is currently under warning

 

 INA - private - Nassar Al-Hajj

 The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Thursday, that the financial situation of Iraq is currently under warning.

 Saleh said in an interview with the Iraqi News Agency (INA): "The financial situation of Iraq is currently under warning, and the government is closely monitoring the situation in two directions. The first is by setting core priorities for government expenditures, especially the groups that receive monthly government income and number approximately 8 million people, such as employees, retirees and those covered by care."  Social and financial grants provided to some of the suspended government companies, "noting that" this is the first concern in meeting the income of government income recipients. "

 He added: "As for the other, it is an attempt to avoid any expenses that are not important at the present time and stop them immediately until the oil markets return to their normal conditions, while working to maximize non-oil resources and with broader interest such as customs and other revenues if their proceeds are still not commensurate with the size of the annual imports unfortunately for Iraq."  .