Want to create an interactive transcript for this episode?
Podcast: My FX Buddies
Episode: Economist’s Bold Solution: End Iraq’s Salary Crisis with Oil Exports
Description: Iraq faces a mounting financial bottleneck as pensioner link to My FX Buddies Blogsalaries are delayed and fears grow that all government employees could soon be impacted. Despite official denials, liquidity issues in state coffers are becoming more visible.Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash....Get a FREE transcript at:https://rss.com/podcasts/myfxbuddiesEconomist Nabil Al-Marsoumi has proposed a direct solution: resume stalled oil exports through the Kurdistan Region and Turkey’s Ceyhan pipeline. With Iraq already at near-maximum export capacity of 3.5 million barrels per day, adding half a million barrels from the north could bring in the much-needed revenue to ease the crisis.But negotiations between Baghdad, Erbil, and Ankara remain complicated. After mor...