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💡 Expert Predicts Big Dinar Move!
📈 Nabil Al-Marsoumi (Univ. of Basra) says: Exchange rate could jump to 180,000–200,000 dinars per $100 💰
⚠️ Questions official investment figures – thinks they’re overhyped
🛑 Calls for salary reform & moving away from “media hype”
📝 Key Points:
Internal debt 💸 not for projects – just covering expenses
Asset sales to repay debt? ❌ Not ideal
Claims fuel self-sufficiency data is unverified ⛽
UAE has 7 sovereign wealth funds; Iraq? Not even ¼ 😬
Unofficial imports & weak non-oil revenues = big problems 🚢
Iraq’s reserves > $100B, praised internationally 🌍
Central Bank sticks to stable exchange rate, avoids manipulation 🏦
⚡ Bottom line:
Exchange rate reforms may be coming
Salary & state property reforms are critical
Public confusion over debts & investments continues
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🐦 Twitter: Dinares Gurus
▶️ YouTube: Dinar Revaluation
✨ Stay tuned… the choo-choo 🚂 might be getting ready to move!
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AN EXPERT QUESTIONS THE ANNOUNCED INVESTMENT FIGURES IN IRAQ, PREDICTING A SIGNIFICANT RISE IN THE EXCHANGE RATE.
(I think this guy is a quake! )
On Saturday, November 22, 2025, Nabil Al-Marsoumi, an economics professor at the University of Basra, questioned the amounts announced for investment in Iraq, while predicting a “significant” increase in the exchange rate. He also called for reforming the salary system and “moving away from media hype in assessing the Iraqi economic reality.”
Al-Marsoumi said in a televised interview followed by “Al-Jabal” that “internal debt is not beneficial to Iraq, but repayment continues,” asking: “Is it reasonable to resort to selling assets to address internal debt?”
He added that “internal debt is not for building projects and investments, but rather for covering current expenses,” calling for a move away from “media hype” in assessing the economic reality.
He continued, “There is no official data to support the government’s announcement regarding fuel self-sufficiency,” noting that “they talk about attracting $100 billion in investments, and Dubai World has only received $50 billion.”
He pointed out that “the financial failure is accumulated from previous governments and the salary system needs to be reformed,” and asked: “Would some groups agree to reduce their salaries?”
Al-Marsoumi stated that “most of the MPs who won obtained their votes through promoting appointments.”
He said, “The UAE has seven sovereign wealth funds, while Iraq doesn’t have even a quarter of one,” noting that “Iraq’s ability to borrow from banks has become limited, and this is a predicament.”
He explained that “reforming the salary system and state property are the most prominent areas that should be addressed,” revealing “imports entering Iraq through unofficial ports.”
He noted that “the exchange rate should be changed, and I expect it to be between 180,000 and 200,000 dinars per 100 dollars.”
In contrast, economist Alaa Al-Fahad described the weakness of non-oil revenues as a “major problem”.
Al-Fahd, who was present at the same meeting, said, “A lot of the debt will be converted into investment projects, and this is not a problem,” indicating that “weak non-oil revenues represent a major problem.”
He pointed out that “the absence of the Development Fund puts the next government at a crossroads,” noting that “external debt has decreased, but radical solutions are absent, and talk of large figures regarding debts confuses the Iraqi public.”
He added that “Iraq’s reserves now exceed $100 billion,” indicating that “there is significant international praise regarding the Central Bank’s management of the financial file.”
He said: “There is a great understanding between the Ministry of Finance and the Central Bank,” noting that “the Central Bank has refused more than once to tamper with the exchange rate, and the next government should stay away from the exchange rate and not manipulate it.”
English (US) ·