Iraq's treasury almost empty: Prime Minister

News Service

11:25, 19/05/2020, Tuesday

Iraq's treasury almost empty: Prime Minister

Iraq has been roiled by turmoil since US invasion in 2003

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

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"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.

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

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

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

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

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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.

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

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Popular protests erupted across Iraq in October to demand better living conditions and fight deep-seated corruption, leaving at least 600 people dead, according to rights group Amnesty International.

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*Bassel Ibrahim contributed to this report from Ankara

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Titles :Iraq Prime Minister US

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