Ziad al-Hashimi

“This crisis has revealed the deep imbalances within the structure of the Iraqi economy, most notably the absence of safeguards capable of protecting the economy during times of turmoil,”

Ziad al-Hashimi · said date not stated · reported 2026-09-26

An economist told Al Jazeera that the crisis has revealed deep structural imbalances in Iraq's economy and the absence of safeguards during turmoil.

“Real solutions require a long time before results can be seen. They include diversifying Iraq’s oil export markets abroad, managing public spending in a more systematic way to avoid unnecessary expenditures, and continuing efforts to combat corruption.”

Ziad al-Hashimi · said date not stated · reported 2026-09-26

Al-Hashimi said real solutions require diversifying Iraq's oil export markets, managing public spending, and combating corruption.

“The crisis has also shown that the Iraqi government lacks genuine solutions or effective measures that could bring about the kind of structural change needed to overcome the situation,”

Ziad al-Hashimi · said date not stated · reported 2026-09-26

Al-Hashimi added that the Iraqi government lacks genuine solutions or effective measures to bring about needed structural change.

“All the Iraqi government can do are short-term measures that may have only limited the impact in the coming period, such as resorting to borrowing, which is not a genuine solution,”

Ziad al-Hashimi · said date not stated · reported 2026-09-26

Al-Hashimi said the government's options are limited to short-term measures such as borrowing, which is not a genuine solution.