A member of parliament warns of an economic catastrophe threatening Iraq.
MP Adel Al-Mahalawi warned on Wednesday of the seriousness of the current economic situation in the country, describing the crisis as “major” due to the tensions and rapidly evolving circumstances in the region.
Al-Mahalawi told the Information Agency that “Iraq is going through a dangerous economic juncture that requires exceptional measures to protect it from any external repercussions,” adding that “the Prime Minister possesses an economic background and vision that can be utilized to find real solutions.”
He further stated that “the new government is urgently required to develop comprehensive strategic plans and clear visions to avoid an economic catastrophe that could directly affect the livelihood of citizens and the financial stability of the country.”
Almaalomah.me