Comment on AP: Iraq forced to cut spending as oil price falls

AP: Iraq forced to cut spending as oil price falls

Iraq's government will have dramatically less money to spend this year than expected because of plunging oil prices - a dire economic situation that's already forced the country to slash rebuilding plans by 40 percent, The Associated Press has learned. As the U.S. seeks a timetable for withdrawal, cutbacks on spending and jobs could trigger heightened violence.

 

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