Shafaq News
Iraq’s economy is no longer facing a
passing squeeze or a short-lived downturn. The country is sinking into what
Iraqi economists describe as a structural financial crisis, one built into how
the state earns money, how it spends it, and how it manages risk. With oil
revenues dominating the budget, operational spending swallowing public
resources, and policy uncertainty shaking investor confidence, experts warn
that Iraq’s financial fragility is increasingly spilling into the social
fabric— testing…