Iraq’s treasury almost empty: Prime Minister

Iraqi prime minister-designate Mustafa al-Kadhimi makes a speech before the Iraqi Parliament in Baghdad on May 6. Iraqi Parliament/Anadolu Agency via Getty Images

Iraqi Prime Minister Mustafa al-Kadhimi said Tuesday he has assumed power as the country’s treasury was almost empty.

“When I assumed responsibility I found only an almost empty treasury and an unenviable situation after 17 years of change,” al-Kadhimi said in an article published by Baghdad Today newspaper.

“Our sovereignty continued to be deficient, violated, and doubted,” he said.

The Iraqi premier said the crisis engulfs all state institutions and impedes the country’s economic revival.

“The past period did not see any [effort to] upgrade vital sectors as the industry, investment, food self-sufficiency, and others,” he said.

Al-Kadhimi called on all political blocs in the Iraqi parliament to support his new government by voting to approve candidates for vacant portfolios.

Earlier this month, the Iraqi parliament gave a vote of confidence to al-Kadhimi and his partial cabinet, to succeed the resigned government headed by Adel Abdul-Mahdi.

Iraq has been rocked by economic, political, and security problems since the US invasion in 2003, the emergence of the Daesh/ISIS terrorist group.

Check Also

Iraqi PM addresses negligence and promises care for Al-Hamdaniyah incident victims

The Iraqi Prime Minister Mohammad Shia Al-Sudani has made a statement regarding the tragic Al-Hamdaniyah …

Leave a Reply

Your email address will not be published. Required fields are marked *