Iraq Seeks IMF and World Bank Aid as Iran War Drains Economy
🏦 BAGHDAD — Iraq is bleeding cash from a war it didn't formally join. 📌 LOOK CLOSER: Iraq absorbs Iran war costs — covert Saudi strikes on its territory, IRGC militia operations, oil revenue disruption — without being a declared belligerent. An IMF/World Bank approach signals Baghdad's fiscal buffers are gone. That shifts Iraq from passive theater to active liability: a collapsing neighbor destabilizes Gulf coalition cohesion at the worst possible moment.
