The financial crisis could push Iraq to "compulsory savings"

08/29/2015 23:27



Congress is expected to turn the prime minister into a new austerity measures in the coming months.

BAGHDAD / Obelisk: emphasizes the political blocs that Prime Minister Haider al-Abadi record pointing at the political part of the package of reforms launched by since the beginning of August this success. While it is waiting for him to achieve a breakthrough in the two files and clear service and economic.

Congress is expected to turn the prime minister into a new austerity measures in the coming months with the increasing pressure of the financial crisis, likely to be "forced savings" imposed on citizens, according to the opinions of experts told the "long" and pursued "obelisk."
Abadi and decided, on 9 August now, a range of measures in the light of the breadth of popular protests condemning corruption and its impact on the electric power crisis. He also called on the religious authority, Ayatollah Ali al-Sistani Prime Minister to take decisive action against corrupt officials and hit all those involved with corruption "with an iron fist."

The reform package has included five areas: administrative, such as reducing the ministry and the restructuring of ministries and the abolition of consultants, financial to address the shortfall in the budget, the economic boost the economy and trade, service, the most attached to the movement of protests and represented a quick solution for electricity and monitor the work of the ministries, and the fight against corruption.


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