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Iraq considers ‘wage stability fund’ as cash crisis worsens

By CityCalc Newsroom · Wed May 13 2026 · Source: AGBI

The Iraqi government is considering creating a fund to ensure civil servant salaries can be paid as the country plunges deeper into a cash crisis. The crisis was caused by a sharp fall in oil exports due to the Iran war and effective closure of the Strait of Hormuz, through whic…

The Iraqi government is considering creating a fund to ensure civil servant salaries can be paid as the country plunges deeper into a cash crisis. The crisis was caused by a sharp fall in oil exports due to the Iran war and effective closure of the Strait of Hormuz, through whic…

Curated by CityCalc from AGBI. Read the full article at the source.

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