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Iraqi prime minister: Iran-Saudi talks have made 'remarkable progress'

In a press conference today, Iraqi Prime Minister Mustafa al-Kadhimi provided a report of his two years in the office, highlighting his top achievements and top challenges facing his government

Iraq's Prime Minister Mustafa Kadhimi arrives to attend a memorial service for the victims of a motorcycle bomb that exploded the day before, in the southern city of Basra on Dec. 8, 2021.
Iraq's Prime Minister Mustafa Kadhimi arrives to attend a memorial service for the victims of a motorcycle bomb that exploded the day before, in the southern city of Basra on Dec. 8, 2021. — HUSSEIN FALEH/AFP via Getty Images

During a press conference in Baghdad today, Iraqi Prime Minister Mustafa Kadhimi said that he had come into office at a very difficult and complicated time, in terms of the economy, the COVID-19 pandemic and the conflict on Iraq soil.

“Before this government, the Iraqi economy was on the verge of collapse," Kadhimi said. “We had no cash to pay salaries.”

“However, Iraq has over $75 billion in reserves in its central bank now and this is expected to increase to over $90 billion by the end of this year."

Kadhimi said Iraq was an isolated country before he came to the office, but now it is the centre of the region, hosting several regional dialogues.

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