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State TV: Iraqi parliament dismisses finance minister

BAGHDAD – Iraqi state TV says the finance minister has been dismissed following a no-confidence vote from parliament over alleged corruption and mismanagement.

The dismissal on Wednesday of Hoshyar Zebari, a former foreign minister and one of the country’s leading Kurdish politicians, comes as Iraq is grappling with an economic crisis driven by low oil prices and the costs of battling the Islamic State group.

The vote came after weeks of political wrangling over the allegations. Zebari is the second minister to be dismissed by parliament, which voted to fire the defence minister last month.

Iraq is currently in negotiations with the International Monetary Fund to secure badly needed loans.

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