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Wed ยท 23 Sep 2026

Iraq Seeks IMF and World Bank Aid as Iran War Drains Economy

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Iraq Seeks IMF and World Bank Aid as Iran War Drains Economy

๐Ÿฆ BAGHDAD โ€” Iraq is bleeding cash from a war it didn't formally join. ๐Ÿ“Œ LOOK CLOSER: Iraq absorbs Iran war costs โ€” covert Saudi strikes on its territory, IRGC militia operations, oil revenue disruption โ€” 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.

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