Writer: Dr. Abdul Rahman Al Mahshadani
Iraq’s public debt crisis reflects deep structural flaws — an inflated public sector, overreliance on oil, and rampant corruption draining state resources. In “Public Debt in Iraq: Mounting Challenges and Possible Solutions,” Dr. Abdulrahman Al-Mashhadani analyzes how unproductive borrowing and weak financial governance have trapped the country in a cycle of dependency, and calls for redirecting debt toward investment, empowering the private sector, and rebuilding a diversified, sustainable economy.
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