
Cash Crisis & Diversification: Iraq’s Economic Crossroads
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Iraq’s economy faces a critical test. For decades, oil revenues https://www.myfxbuddies.com/2025/09/l... 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.
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👉 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.