IMF Confirms: Iraq Is Stable — What’s Next for the Iraqi Dinar?

IMF: Iraq has succeeded in maintaining its internal stability.

link to My FX Buddies Blog

The International Monetary Fund (IMF) confirmed on Saturday that Iraq has succeeded in maintaining its internal stability despite regional tensions, while indicating that the inflation rate in Iraq has remained low.

Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠a free transcript at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies/....The Fund said in a report that "Iraq has succeeded in maintaining its internal stability despite regional tensions and unstable global conditions," noting that "the inflation rate has remained low in Iraq," stressing "the need to implement fundamental reforms to increase non-oil revenues and control the public wage bill," indicating that "current and investment spending plans for 2025 should be reviewed."

Like Subscribe and hit the bell to make sure you catch every episode✨ It’s Not Too Late to Make 2025 Your Year Feeling behind? Unmotivated? Not sure where to start? You’re not alone — and this audio guide can help you move forward with purpose.🎧 Listen to Relaunch Your 2025 Vision now → ⁠⁠⁠⁠https://buymeacoffee.com/tishwash/e/4....
It stressed that "it is necessary and urgent to reform the public pension system by raising the retirement age and reducing accumulation and replacement rates," praising "the success of the Central Bank of Iraq in fully transitioning to the new trade finance system and its contribution to narrowing the gap between the official and parallel exchange rates."
The Fund indicated that "the Central Bank of Iraq has begun studying reform options to strengthen the private banking sector," stressing, "We encourage Iraq to accelerate its efforts to improve the issuance and collection of electricity bills."
#iqdnewsupdate⁠⁠⁠ ⁠⁠⁠#iraqidinar⁠⁠⁠ ⁠⁠⁠#iqd⁠⁠⁠