December 28, 2020
1 min read

Iraq Is At Crossroads: Al-Kadhimi

Prime Minister Mustafa Al-Kadhimi said on Monday that Iraq was at a cross roads during a meeting with his ministers, according to Arab News

Kadhimi – who claimed he did not belong to any political bloc – said that the central role of his government was to hold early elections.

“Successive governments since 2003 have made the transition period a permanent one,” he said, adding that this was one of the biggest reasons the country stagnant.

“We have an opportunity to succeed in restoring the people’s confidence in the state, the political system, and democratic mechanisms, by holding fair and fair elections that would achieve stability in the country,” the Arab News quoted Kadhimi.

Iraqi Prime Minister Mustafa al-Kadhimi.

Earlier, the Iraqi Prime Minister had warned of a collapse of the social and political systems and overwhelming chaos without a financial reform in the country.

Al-Kadhimi made his comments during an extraordinary session of the Iraqi cabinet on Saturday to discuss the federal budget for the fiscal year 2021, which came after the Central Bank of Iraq (CBI) decided to devaluate the national currency due to the economic crisis that resulted from the decline in oil prices and the coronavirus pandemic, reports Xinhua news agency.

“The political crisis in Iraq is linked to three issues: power, money, and corruption. We are working to address the crisis from an economic standpoint and with a bold decision to overcome the obstacles of corruption and money,” al-Kadhimi’s media office said in a statement.

Also Read: Iraq urges Trump to reconsider ‘Blackwater pardons’

Also Read: Iraq PM calls for financial reforms to avert ‘chaos’

Previous Story

S.Korea reports 1st cases of new Covid variant

Next Story

PICS: Sneak peek into Kapoor’s Annual Christmas Bash

Latest from -Top News

Modi Lands in Malé for Big Day

PM Modi is visiting the Maldives at the invitation of President Muizzu to participate as the Guest of Honour at the country’s 60th Independence Day celebrations…reports Asian Lite News Prime Minister Narendra

Industry Hails India-UK FTA

£34 billion boost, sweeping tariff cuts and market access mark UK’s most ambitious post-Brexit trade pact; Indian sectors set for exports surge…reports Asian Lite News Business leaders from both India and the

India, UK Sign Landmark FTA

The pact is set to make imported goods like Scotch whisky, gin, luxury cars, cosmetics, and medical devices more affordable for Indian consumers….reports Asian Lite News In a landmark moment for India-UK

Farmers Win Big in India-UK FTA

There is a massive gain for rural India and exporters with zero duty on processed foods compared with up to 70 per cent earlier….reports Asian Lite News The India-UK Free Trade Agreement

Modi-Starmer Meet Ahead of FTA Signing

During the discussions, the two sides will also review the progress of the Comprehensive Strategic Partnership (CSP)…reports Asian Lite News Prime Minister Narendra Modi on Thursday called on Keir Starmer at the
Go toTop