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Beyond Oil: Iraq’s Struggle for a Balanced Economy

Author
Tish Washington
Published
Thu 04 Sep 2025
Episode Link
https://podcasters.spotify.com/pod/show/tish-washington8/episodes/Beyond-Oil-Iraqs-Struggle-for-a-Balanced-Economy-e37nui1

Iraq’s economy faces a critical test. For decades, oil revenues

link to My FX Buddies blog

have carried the country, but experts warn that this rentier system is unsustainable — especially when liquidity dries up and imports outweigh exports.

Parliament members and economic experts argue Iraq must urgently:

  • Diversify revenue streams beyond oil

  • Strengthen tax, customs, and insurance sectors

  • Invest in human capital and local labor

  • Support and regulate the private sector

  • Reduce excessive imports and encourage domestic production

At the same time, the Central Bank highlights that Iraq remains financially stable thanks to strong currency reserves and coordinated monetary policy.

Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠....Get a FREE transcript at:⁠https://rss.com/podcasts/myfxbuddies👉 In this episode, we unpack:

  • Why Iraq’s rentier economy is at risk

  • The real dangers of liquidity shortages and imports

  • How diversification could transform Iraq’s financial future

  • Why financial stability is holding for now — but cannot be taken for granted

📌 Don’t forget to like 👍, subscribe 🔔, and share this episode for more updates on Iraq’s economy and the dinar.

#iqd #Iraq #IraqiDinar #DollarCrisis #USEconomy #IraqNews #CurrencyCrisis #USWarning #IraqFinance #Sanctions #DollarSupply

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