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Al-Khuzai Warned a Severe Economic Crisis in Iraq due to a Sharp Decline in State Revenues

Al-Khuzai Warned a Severe Economic Crisis in Iraq due to a Sharp Decline in State Revenues

On Monday, a member of the Iraqi parliamentary committee for the implementation of the government program, Anaam al-Khuzaie has indicated the rates of a sharp decline in the state’s oil and non-oil revenues. He also warned about an expected severe economic crisis in Iraq. Khuzai said, “The fourth axis of which focused on maximizing non-oil revenues, such as taxes and customs. And monitoring public debt to ensure that it remains within the limits of financial sustainability is contrary to the…

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