Iraq's parliament approved the appointment of Prime Minister al-Sudani's cabinet, completing the government formation five months after it took office.
Iraq's parliament on Thursday approved Prime Minister Ali Zaidi's cabinet appointments, including 11 ministerial positions and three deputy prime ministers. One of the deputy prime ministers, Laith al-Khazali, is under US sanctions due to his ties with the Iran-backed "League of the Righteous" movement. This approval marks the completion of Zaidi's government formation five months after taking office. Zaidi stated that the government would address the severe economic and security challenges arising from the US-Israel war against Iran, which began on February 28 and has led to a significant liquidity shortage in Iraq. To counter fiscal pressure, Zaidi's government has devalued the dinar against the dollar by nearly 15%, noting that the government inherited over 208 trillion Iraqi dinars (approximately $139 billion) in public debt.
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