Iraqi News Highlights Tuesday Evening 3-28-23

Tlm724 Administrator Bondlady’s Corner

Crippling Dollar Shortage Underscores Vulnerability Of Iraq’s Oil-Based Economy

March 28, 20230  Attempts to control a monetary crisis have had unintended consequences for a country struggling to get back on its feet

By Raya Jalabi in Sulaimaniya, Iraq  Iraq is struggling to control a crippling currency crisis that has roiled the country for months, underlining the fragility of its oil-dependent economy 20 years on from the US-led invasion.

.BGG Comments and Dinar Updates 7-23-20

BGG ~ This is probably more accurately translated as “Ghost employees”, a corruption issue for a long time now and one of the big reasons no one wants to just give them money for “salaries”.

It would all go to these corrupt politicians via this sham payroll scam.

The good news – the MoF is going after them in an open, honest, legal fashion.

Minister Of Finance: 300 Thousand “Space” Employees In Iraq

Posted on July 23, 2020 by BGG

Ali Allawi -AFPIraqi Finance Minister Ali Allawi reported that there are about 300,000 “space” employees in Iraq, warning that economic problems may spark a state of insecurity in the country.

And the Financial Times quoted Allawi as saying that radical reform is the only way to avoid a “catastrophe” for the oil-dependent country, noting that all that can be done is to refer to the “catastrophe” facing the country, if the path continues.

.BGG ~ Listen folks…

Posted on March 5, 2020 by The Dinar Observer

Think about all this for just a sec…

They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves… (Maliki, Abadi and Mahdi).

They were headed for another Shia dominated government with even less accountability than in the past.

1) The protesters didn’t like this guy.

2) The Kurds didn’t like him.

3) Sadr didn’t like him.