🇮🇶 Iraq’s Historic Economic Boom: Stability, Growth & Opportunity! 🚀📊🌿

2 weeks ago 4
ARTICLE AD BOX

 🇮🇶 Iraq’s Historic Economic Boom: Stability, Growth & Opportunity! 🚀📊🌿

Iraq is experiencing a rare “price boom” unseen in its modern economic history, driven by low inflation (under 3%), stable exchange rates, and dropping unemployment (from 17% to 14%). This success stems from strong coordination between monetary, fiscal, and trade policies, boosting agriculture, investment, and local production.

Key highlights:

  • Central Bank’s cautious monetary policy preserves dinar purchasing power.

  • Stable official exchange rate (1,320 dinars) calms markets and reduces import costs.

  • Fiscal policy allocates 25% of the budget to essential goods and subsidies.

  • New cooperative-price stores combat monopolies and stabilize prices.

  • Ongoing challenge: Preventing commodity leakage across borders through tighter trade controls.

The focus now: rationalize support and prioritize productive sectors to secure sustainable growth beyond consumption and stability.


Stay updated and join the discussion:

🌐 Blog: dinarevaluation.blogspot.com
💬 Telegram: t.me/DINAREVALUATION
📘 Facebook: facebook.com/profile.php?id=100064023274131
🐦 Twitter: x.com/DinaresGurus
▶️ YouTube: youtube.com/@DINARREVALUATION

Read Entire Article