KRG slashes payroll to stave off budget collapse
Facing huge deficits and an economic crisis, Kurdistan’s government has little choice but to cut wages and risk further public unrest.![](https://cdn.iraqoilreport.com/wp-content/uploads/IMG_5476-800x533.jpg)
Twin oil pipelines run north to a processing facility at the Avana Dome oil formation in the Sargaran sub-district, Aug. 25, 2015. (PATRICK OSGOOD/Iraq Oil Report)
ERBIL - The Kurdistan Regional Government (KRG) announced sizeable cuts to its bloated government payroll Wednesday, in response to a budget crisis that has brought the economy to the brink of collapse.
The region’s Cabinet voted to slash the salaries of high-ranking government officials by 75 percent, and cut other government employees’ payroll by between 10 and 20 percent, according to a statement by the Cabinet office.
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