Chaired by al-Zaidi a meeting at Baghdad to discuss the wage crisis and the implications of the closure of the Strait of Hormuz

Chaired by al-Zaidi a meeting at Baghdad to discuss the wage crisis and the implications of the closure of the Strait of Hormuz

Erbil (Kurdistan 24) - A meeting, chaired by the Federal Prime Minister Ali al-Zaidi, and with the participation of the members of the Finance Committee of Council of Representatives, began in the capital Baghdad, on Monday 10 August 2026, to discuss the payroll of employees in Iraq and the Kurdistan Region.

A reporter (Kurdistan 24) in Baghdad reported that the meeting intensively addressed the economic damage caused by Iraq as a result of the closure of the Strait of Hormuz, which was estimated at about $150 billion, noting that the Parliamentary Finance Committee prepared a special report on the obstacles that caused the delay in the disbursement of employee benefits in Iraq and the Kurdistan Region.

For his part, Council of Representatives Finance Committee member Danner Abdul al-Gafar told Kurdistan 24 that the session will explore the reasons for late pay and review the challenges facing the overall financial situation in the country.

He added that the Commission will present several proposals and a roadmap to the Federal Prime Minister aimed at finding radical solutions to overcome the current financial crisis and ensure the financial benefits of employees.