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Iraqi Parliament Dismisses Finance Minister


Iraqi Finance Minister Hoshiyar Zebari has recently led negotiations with the International Monetary Fund for a loan deal and with international lenders for a Eurobond.

Iraqi Finance Minister Hoshiyar Zebari has recently led negotiations with the International Monetary Fund for a loan deal and with international lenders for a Eurobond.

Iraqi lawmakers have voted to dismiss Finance Minister Hoshyar Zebari.

Parliament voted by majority on September 21 to dismiss Zebari after questioning him last month on charges of corruption and mismanagement -- which he denies.

The vote came after parliament dismissed the country's defense minister over the allegations last month.

Zebari, a Kurd who previously served for years as Iraq's foreign minister, became finance minister in 2014.

He has recently led negotiations with the International Monetary Fund for a loan deal and with international lenders for a Eurobond.

Iraq's economy has been hit by a drop in global oil prices and the costs associated with the campaign against the Islamic State group.

Based on reporting by Reuters and AFP
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