Iraq News Now

Iraq Fiscal Reforms Key to Curbing Forex Reserve Decline

Iraq Fiscal Reforms Key to Curbing Forex Reserve Decline
Iraq Fiscal Reforms Key to Curbing Forex Reserve Decline

2020-11-10 00:00:00 - From: Iraq Business News


The Iraqi government's proposal to shrink public-sector payrolls and pension costs as part of efforts to reduce fiscal imbalances and ease financing strains could slow the depletion of foreign-exchange reserves, but will be tough to implement and risks aggravating social unrest, says Fitch Ratings. More here. (Source: Fitch)

The post Iraq Fiscal Reforms Key to Curbing Forex Reserve Decline first appeared on Iraq Business News.