Parliament to hear finance minister on Iraq’s financial crisis
Shafaq News- Baghdad
Iraqi Finance Minister Faleh Al-Sari has requested to appear before parliament to explain the country’s financial crisis and proposed solutions, First Deputy Speaker told Shafaq News on Saturday.
Adnan Fayhan said the request would be placed on the agenda of an upcoming parliamentary session, with a date expected to be set within days. He added that a borrowing bill would also be listed for a first reading.
Earlier this week, Al-Sari said a financial shortfall had disrupted payments to public employees, pensioners, and social welfare recipients, with monthly salary obligations reaching about 7.8 trillion Iraqi dinars (about $5.95 billion).
Read more: Iraq turns to bank borrowing to cover August salaries amid oil-revenue collapse
