Crisis expert: The state needs a genuine review of its financial management system.
Crisis expert: The state needs a genuine review of its financial management system.
9-11-2026
Information/Baghdad…
Crisis expert Ali al-Fariji stressed the need for the government to review the state’s financial management system to prevent a recurrence of the financial crisis, particularly regarding employee salaries.
Al-Fariji told Al-Maalouma, “What is happening today should be a wake-up call for the Iraqi state. The salaries of millions of employees and retirees, as well as essential services, cannot remain almost entirely dependent on revenue from a single source and a single export route.”
He added, “Iraq today does not suffer from a lack of resources, but rather from a clear and genuine weakness in resource, liquidity, and risk management.”
He explained that “what is required is not just finding funds for August salaries, but preventing the same problem from recurring in September and October.” He pointed out that “a state that possesses oil but struggles to finance its employees’ salaries needs a genuine review of its financial management system, not a temporary solution at the end of each month.”
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