Iraq Running Out Of Money Due To Iran War

  

The Financial Times reported on the economic crisis that the Iran War is causing for Iraq. It said that Baghdad has lost around $5.4 billion since the start of the conflict and it only has 1-2 months worth of cash to cover government salaries. The Central Bank on the other hand said its reserves could cover 12 months worth of oil exports. The problem is by law the bank can’t cover the government’s budget so it has to issue bonds or some other means to provide money. Government salaries and benefits are the largest part of the budget because adding public workers is the main means that the ruling parties have to maintain their support. Before the war Baghdad was running into problems meeting its obligations because of low oil prices. Now it is barely making any money with the Strait of Hormuz closed.

This Day In Iraqi History - Mar 27 Saddam said he was going to get a nuclear bomb with help of the Soviets so he could go to war with Israel

 

1918 British took Haditha

Iraq Outraged By Airstrike On Military Base In Anbar

  

A military base in Habaniya Anbar was attacked by jets setting off a new controversy. The planes hit a Hashd al-Shaabi intelligence department within the facility. Most news reports said that 7 soldiers were killed and 13 others wounded but Shafaq News said that 15 Hashd were killed and 14 wounded. The Iraqi government condemned the incident saying it was a direct attack upon its forces. This was not the first time a mixed Iraqi forces and Hashd target was hit but the high casualties made it unacceptable to Baghdad. The Sudani government is trying to walk a fine line between criticizing the Resistance which is part of the government and security forces for attacking international troops and businesses while also being upset when the pro-Iran factions suffer casualties.

This Day In Iraqi History - Mar 26 Iyad Allawi won 2010 election PM Maliki came in 2nd and would outmaneuver his opponent to gain another term

1918 Battle of Khan Baghdadi between Ottomans and British started

More Reports Of Iran Aiding The Iraqi Resistance

  

The Saudi paper Asharq al-Awsat ran a report on Iran’s role in assisting the Resistance in Iraq. It said as soon as the war started on February 28 members of the Iranian Revolutionary Guards Quds Forced moved into Iraq to advise and direct attacks by the Resistance against the U.S. They joined advisors who were already in the country. The operations are run out of a command center in Baghdad with sub-branches in Najaf, Diyala and Basra.

This Day In Iraqi History - Mar 25 Iraq’s Information Min Sahaf began telling media US losing during invasion of Iraq

 

1915 British infantry brigade and artillery landed at Basra as reinforcements

Iraq’s PM Sudani Criticizes Pro-Iran Resistance While Giving Them Concession During Iran War

  

Iraq’s Prime Minister Mohammed al-Sudani is trying to play a double game with the pro-Iran Resistance. On the one hand he is criticizing it for attacks upon the government on the other hand he is giving them concessions because factions are in his political camp and he is still hoping that he can win a second term in office with their support.