Mustafa al-Kadhimi’s government is working on presenting an economic reform plan in the coming days, at a time when Iraq faces complex economic crises most notably related to the need to secure $3.6 billion per month in salaries for about 6.5 million employees and retirees, a government source told Al-Monitor.
Iraqi Finance Minister Ali Allawi was supposed to present the economic reform proposal to the House of Representatives on Sept. 15, but he did not, arguing that he is awaiting the approval of the domestic and foreign borrowing law. He promised to submit the proposal by the end of this month.