What Does the Iraqi Economy REALLY Need to Reform? 🇮🇶💰
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Despite strong reserves and low inflation, Iraq’s economy link to My FX Buddies Blog faces deep structural challenges beneath the surface. This analysis breaks down what the Iraqi economy truly needs for reform, including: • Why oil dependence continues to weaken long-term growth • How public sector expansion distorts productivity • The hidden cost of subsidies and energy mismanagement • Why banking reform is essential for real investment • The missing role of a strong private sector
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This is not about short-term fixes — it’s about whether Iraq uses today’s stability to build a productive, diversified economy, or risks repeating the same cycle. 📌 Reform is no longer optional — it’s an economic necessity. • Financial stability does NOT equal economic health • Oil wealth without productivity creates fragility • Public employment vs real private-sector jobs • Subsidies: protection or waste? • Energy sector = biggest silent drain • Banking reform as the bridge to growth • Private sector as a partner, not a replacement • Why this moment is a turning point for Iraq