skinny.

Latest / My FX Buddies

Iraq Salaries Secured? | Major Political Decision Next Week

New developments out of Iraq reveal both financial

My FX Buddies Blog

reassurance and growing concerns about the months ahead.

According to Iraqi economic expert Abdul Rahman Al-Mashhadani, salaries for government employees, retirees, and social welfare recipients are secured for the months of March and April. However, questions are now being raised about whether the government will have enough liquidity to continue payments by May.

Iraq reportedly needs around 8 trillion dinars every month to cover salaries, pensions, and social protection programs. With current liquidity pressures…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.