Economic Warnings of Looming Liquidity Crisis Amid Recommendations for Urgent Structural Solutions
mesoiraq - Economic circles have issued serious warnings regarding a severe liquidity crisis that could impact the country's financial core, amid concerns over potential disruptions in government funding for public sector and retiree salaries in the coming months. Financial experts emphasized that any delay in salary disbursements would lead to a sharp contraction in local markets and reduced purchasing power, threatening forced stagnation and a loss of confidence in fiscal policies. To avert the crisis, experts recommended abandoning temporary fixes and implementing an urgent rescue plan focused on four pillars: securing sustainable funding sources, restructuring expenditures to eliminate waste, activating non-oil revenues, and adopting a transparent fiscal policy based on accurate data to reassure the public and investors.
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