Iraqi economic crisis looms as oil prices collapse
With Brent nearing $30 per barrel, Iraq faces a budget shortfall that could leave the government unable to pay salaries.
Iraqi Prime Minister Adil Abd al-Mahdi chairs a special meeting on the budget, low oil prices, and confronting the new coronavirus including the ministers of finance, oil, planning, the governor of the Central Bank of Iraq on March 11, 2020. (Source: Iraqi Prime Minister's media office)
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