Is Iraq’s Economy TOAST? The Oil Crisis Explained!
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Is Iraq’s Economy TOAST? The Oil Crisis Explained!
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Is Iraq’s Economy TOAST? The Oil Crisis Explained!
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📜 Iraq is staring down a massive economic crisis as oil revenues plummet and deficits soar! In this video, we dive deep into the looming fiscal disaster threatening Iraq’s economy.
From declining crude oil prices to a lack of financial safeguards, experts warn that Iraq could run out of options in just TWO YEARS!
Learn why 70% of Iraq’s money is hoarded outside banks, how the Central Bank’s failures are worsening the situation, and what urgent steps are needed to avoid a total collapse. Don’t miss this critical breakdown of Iraq’s financial turmoil and what it means for the future! I
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Key Topics Covered: Iraq’s $152.75 billion 2025 budget crisis 15% drop in oil revenue: From $7.7B to $6.7B Why non-oil revenue is stuck at 3–4% Cash hoarding and distrust in Iraq’s banking system Expert warnings from economists and lawmakers Subscribe for more global economic insights and hit the bell to stay updated! Comment below: What do you think Iraq should do to avoid this crisis? Follow us on Spotify for exclusive audio content on global finance and economics! #IraqEconomy #OilCrisis #EconomicCollapse #GlobalFinance #middleeastnews