U.S. Considers Emergency Aid for Peshmerga in Islamic State Fight

finance78WASHINGTON—The Obama administration is considering providing an emergency aid package to the cash-strapped Kurdistan Regional Government in Iraq after concluding that the KRG’s inability to pay Peshmerga fighters their salaries poses a threat to the U.S.-led campaign against Islamic State, U.S. officials said.

The KRG’s budget has been stretched to the breaking point by a steep drop in oil prices, a bloated public sector payroll and the high cost of absorbing nearly two million people displaced by the fighting, among other factors, according to American and Kurdish officials.

Recent internal State Department and U.S. military assessments of the KRG’s financial crisis have warned the White House that the regional government’s lack of funds to pay salaries to its fighters and cover other costs could slow the counter-Islamic State campaign, particularly operations against Islamic State stronghold of Mosul and other areas. READ MORE OF THIS STORY

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About Cholo Brooks 17519 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.