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Iraqi parliament passes urgent food security bill

The Iraqi judiciary had blocked a previous version of the legislation, which empowers the government to address rising food prices and shortages resulting from the Ukraine war.
Iraq market

Iraq’s parliament Wednesday passed emergency legislation that will allow the government to use public funds for urgent food security and development needs, as the country has faced a political deadlock since October of last year that has left Iraq without a formal budget.

The bill, titled the “Emergency Law for Food Security and Development,” allocates 25 trillion Iraqi dinar (or about $17 billion), for staple food supplies, gas and electricity, as well as payment of public servant salaries.

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