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Q&A: Ahmad Chalabi

The head of the Parliament Finance Committee talks about priorities for cutting costs while being able to pay for defense, refugees and IOCs.
Ahmad Chalabi speaks at a press conference on July 15, 2014 in Baghdad. (ALI AL-SAADI/AFP/Getty)

BAGHDAD - Two weeks into 2015, the price of oil keeps falling and the draft budget for the year — which is based on the price of oil — is nearing passage in Parliament.

Iraq’s political leaders have already tightened their belts, and now they're preparing for additional cuts if the price of Iraqi crude doesn’t bounce back to at least $60 per barrel.

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