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Monitoring important economic achievements of the Al-Kazemi government opens a new gateway of hope for Iraqis

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The Al-Kazemi government is striving to address the economic challenges and manage the legacy and multi-dimensional crises that the government has received at all levels. Which represents the main challenge facing Iraq in this period, which is considered standard in managing these crises.

Everyone remembers the biggest crisis, which is the salary crisis; In the fourth quarter of 2020, expectations indicated that the Iraqi economy was heading towards an inevitable economic collapse, with the continued decline in revenues that reached the point of defaulting to pay salaries on time, which raised concerns among the Iraqi citizen.

However, the measures that the government adopted during the months of May and June were able to overcome the biggest crisis threatening the security and stability of the Iraqi citizen.

The Al-Kazemi government began preparing the white reform paper, as well as drafting the 2021 budget and including it in the economic visions in the white paper. One of the first reform measures was to reduce the exchange rate of the Iraqi dinar against the dollar, to stimulate local production, address the huge deficit in the budget, and put an end to the illegal profit from currency auction sales, which some if not most of its revenues reach the pockets of the corrupt.