Salil Al-Rubaei, an economist, stated on Saturday that Iraq can be saved from the current economic crisis only by two methods as he pointed out the disastrous Iraq status.
He added in his interview with Annabaa News Agency: "The Iraqi government should rationalize its expenditures and cut the special employments payrolls if Iraq wants to escape the economic crisis. Some Iraqi governmental staff receive about 5 salaries".
Al-Rubaei said: "the drop in the oil prices did not occur due to political act or a conspiracy, it is a result of health issue of the coronavirus pandemic. The government must take immediate procedures if they want to avoid any catastrophe".
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