Campaigning on the election trail has been forced to take a back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the vote followed the u. S. Elections. Will be. Seen. After months of antigovernment protests and Political Uncertainty iraq is now grappling with the worst fiscal crisis in decades. Iraqs economy and state budgets are heavily reliant on oil income and have been hit hard by the sharp decline in Global Oil Prices the world bank has projected g. D. P. To contract by 9. 7 percent of the fiscal deficit expected to reach almost 30 percent of g. D. P. Iraqs new only appointed government led by most of the me is now faced with a challenging task of implementing long overdue Structural Reforms such as reducing Public Sector employment while also keeping popular unrest at bay im so want to get out and as iraqs fiscal crisis deepens we ask what needs to be done to address it and how can the new government overcome entrenched
A back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the votes follow the u. S. Elections. Will be. Seen. After months of antigovernment protests and Political Uncertainty iraq is now grappling with the worst fiscal crisis in decades. Iraqs economy and state budgets are heavily reliant on oil income and have been hit hard by the sharp decline in Global Oil Prices the world bank has projected g. D. P. To contract by 9. 7 percent of the fiscal deficit expected to reach almost 30 percent of g. D. P. Iraqs new only appointed government led by most of the me is now faced with a challenging task of implementing long overdue Structural Reforms such as reducing Public Sector employment while also keeping popular unrest at bay im so want to get out and as iraqs fiscal crisis deepens we ask what needs to be done to address it and how can the new government overcome entrenched political interests that oppose reform while also winning o
A back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the vote followed the u. S. Elections. Will be. Seen. After months of antigovernment protests and Political Uncertainty iraq is now grappling with the worst fiscal crisis in decades. Iraqs economy and state budgets are heavily reliant on oil income and have been hit hard by the sharp decline in Global Oil Prices the world bank has projected g. D. P. To contract by 9. 7 percent of the fiscal deficit expected to reach almost 30 percent of g. D. P. Iraqs new only appointed government led by most of the me is now faced with a challenging task of implementing long overdue Structural Reforms such as reducing Public Sector employment while also keeping popular unrest at bay im so want to get out and as iraqs fiscal crisis deepens we ask what needs to be done to address it and how can the new government overcome entrenched political interests that oppose reform while also winning
It will be good. To see. After months of antigovernment protests and Political Uncertainty iraq is now grappling with the worst fiscal crisis in decades. Iraqs economy and state budgets are heavily reliant on oil income and have been hit hard by the sharp decline in Global Oil Prices the world bank has projected g. D. P. To contract by 9. 7 percent of the fiscal deficit expected to reach almost 30 percent of g. D. P. Iraqs newly appointed government led by most of the me is now faced with the challenging task of implementing long overdue Structural Reforms such as reducing Public Sector employment while also keeping popular unrest at bay im so want to get out as iraqs fiscal crisis deepens we ask what needs to be done to address it and how can the new government overcome entrenched political interests that oppose reform while also winning over a public that has lost trust in the political establishment. The World Bank Special representative to iraq talks to aljazeera. Special represent
Im Adrian Finnegan this is counting the cost on aljazeera a weekly look at the world of business and economics this week recession why an emergency fed rate cuts just isnt good enough to save the Global Economy from the impact of the fast spreading coronavirus as the World Bank Offers billions to developing nations to support Health Care Systems inside a lab thats working to find a vaccine to fight the virus and Oil Companies in the republic of congo have discovered vast oil reserves but drilling could be environmentally damaging. The worlds factory has been shuttered supply chains have been broken flights of been grounded tourism decimated thats the real world consequence of the coronavirus and the epidemic has yet to peak outside china growth could this year want the o. E. C. D. To 1. 5 percent from its previous forecast of 2. 9 percent growth below 2 and a half percent indicates a global recession as markets crashed Central Banks stepped forward to say that they were ready to suppor