Saturday, January 25, 2025

TIDBIT FROM SANDY INGRAM, 25 JAN

 Sandy Ingram 

 Iraq has set an ambitious goal to increase non-oil revenues to 20% of its national income.  This is urgently important because the IMF...will not support Iraq's increase in currency value until it has more non-oil annual revenue...

If you remember Iraq almost went bankrupt during the pandemic when oil revenue went to nearly zero.

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