Chloe Cornish (THE FINANCIAL TIMES OF LONDON) types:
Iraq’s finance minister has warned of “severe security consequences” if its economy is not “restructured radically”, as the coronavirus crisis wreaks havoc on business and an oil price crash hits state revenues.
“Issues which were buried because of large and growing oil revenues are now crystallising,” said Ali Allawi, the country’s new Harvard and MIT-educated finance minister, referring to bloated spending and a monthly wage bill of $5bn for its vast public payroll. This includes payments for what he estimated are 300,000 “ghost” or fictional employees.
While austerity is a “hard message” to sell to politicians, Mr Allawi [. . .]
More garbage from the junk outlet that tries to pretend it's a news outlet.
Read the full garbage and note that they never again mention the ''ghost'' employees. Nor do they ever mention the ongoing corruption. They also ignore the theft of resources by Nouri al-Maliki and other high profile politicians.
All little whore Chloe can do is preach IMF.
Remember, Grand Ayatollah Ali al-Sistani called out deals with the IMF.
Well, we remember. Chloe was probably busy spraying Sun-In on her hair.
The IMF plans to make demands on Iraq -- austerity. Iraq has been pleading for more time, for delayed payments, citing the coronavirus pandemic and its negative impact on the economy.
Now traitor Ali Allawi -- a member of a temporary government that is only supposed to be in place to set dates for the next election and then step aside -- plans to impose austerity on Iraq.
Chloe's garbage. Maybe that's why she's chatting with Ali Allawi? He's garbage too. How do you know that?
Paddy Cock-burn has praised him -- the Arab hating Paddy Cock-burn of THE INDEPENDENT. That's clue one. Clue two? He's another coward who fled Iraq and only returned after the US invaded. Clue three? His uncle was the disgusting Ahmed Chalabi.
If you're new to Chalabi, see our "Go down, Dexy" and C.I.'s "Ahmed Chalabi is dead, let the rejoicing begin," but, most of all, grasp that the Iraqi people are about to get screwed. People should have listened to al-Sistani.