IRAQ NEWS: 💸📉 Iraq Cuts Spending & Stabilizes Debt! 🇮🇶📊 Big Move Toward Economic Control! 🔥💪

 Central Bank of Iraq: Decrease in public spending and stability in domestic debt

📉💰 Iraq’s Public Spending Drops & Domestic Debt Stabilizes – Highlights 🇮🇶🏦

📊 Key Data from April 2025:

• Public spending decreased to 9.49 trillion dinars

• 📉 6.69% drop compared to March (10.17 trillion dinars)

• Also down from 12.07 trillion dinars in April 2024

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Read also: Must Read for Anyone Exchanging Foreign Currencies and/or Redeeming Zim Bonds

Domestic Debt Update:

• Stabilized at 58.54 trillion dinars in April (same as March)

• But still an 11.13% increase compared to April 2024 (76.97 trillion dinars)

🔑 Takeaway:

• Iraq is cutting spending and managing to keep debt stable in the short term

• Shows improved fiscal discipline and control amid economic challenges ⚖️

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