BROTHER TECHNOLOGY
People if you’re not willing to read to enhance your futures YOU WILL BE CONSTANTLY ENDING ON THE SHORT END OF THE POLE.
On 4/2/25 the pm advisor publicly announced to the whole world that Iraq clearly has enough monetary power to buy back all their currency off the streets in an indirect manner he spoke.
Now today it’s reiterated
Shafaq News/ Iraq’s foreign currency reserves remain sufficient to fully back the national currency in circulation, the prime minister’s financial advisor revealed on Monday.
Advisor Mudhhir Muhammad Salih told Shafaq News, “The reserves are adequate to cover three months’ worth of imports, indicating overall stability,” stressing that effective external use of foreign reserves—by balancing the need to maintain the dinar’s external purchasing power and exchange rate stability with efficient reserve management—is a core objective of Iraq’s independent monetary policy.
The Central Bank of Iraq reported on March 31 that net foreign reserves stood at 130.81 trillion dinars in 2024, down 10.18% from 145.64 trillion dinars in 2023. The central bank attributed the decline to rising domestic public debt used to cover the actual budget deficit.