Iraq’s public spending and domestic debt both declined in May, according to Central Bank of Iraq (CBI) data released on Monday. Public expenditure stood at 9.35T IQD ($6.67B), down 1.48% from April’s 9.49T IQD ($6.77B) and 12.4% lower than the 10.68T IQD ($7.61B) recorded in May 2024. [...]