ON
← Back to feed
‘There is no money’: Is Iraq entering a phase of lean years?
Qatar🏛️ PoliticsCenter12 hr. ago

‘There is no money’: Is Iraq entering a phase of lean years?

Iraqi Minister of Health Abdul Hussein al-Musawi candidly stated 'there is no money' during a meeting with healthcare workers, signaling severe financial distress within the Iraqi government. The country faces a liquidity crisis, with the government requiring 10.8 trillion dinars ($8.24 billion) monthly to meet salary and basic obligation payments. Oil revenue has declined due to halted exports through the Strait of Hormuz, highlighting the vulnerability of Iraq's single-resource-based economy. Employees report delays in salary disbursements affecting household budgets and increasing living costs. A government source confirmed the financial gap has widened, with only 3.5 trillion dinars ($2.7 billion) disbursed out of the required 7.8 trillion dinars ($6 billion) for civil servant and social welfare payments.

1 reports

Al Jazeera English logoAl Jazeera EnglishState / PublicCenter12 hr. ago
‘There is no money’: Is Iraq entering a phase of lean years?

Iraqi Minister of Health Abdul Hussein al-Musawi candidly stated 'there is no money' during a meeting with healthcare workers, signaling severe financial distress within the Iraqi government. The country faces a liquidity crisis, with the government requiring 10.8 trillion dinars ($8.24 billion) monthly to meet salary and basic obligation payments. Oil revenue has declined due to halted exports through the Strait of Hormuz, highlighting the vulnerability of Iraq's single-resource-based economy. Employees report delays in salary disbursements affecting household budgets and increasing living costs. A government source confirmed the financial gap has widened, with only 3.5 trillion dinars ($2.7 billion) disbursed out of the required 7.8 trillion dinars ($6 billion) for civil servant and social welfare payments.

Bias read (Center): While the article presents the severity of Iraq's financial crisis and quotes officials expressing concern, it does not take a clear ideological stance. It reports on the situation from multiple perspectives including government officials and employees, without overtly favoring any particular group.

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories