Sunday, April 20, 2025

TIDBIT FROM FNU LNU, 20 APRIL

 Fnu Lnu

Article quote:
“For the last three years Iraq has enjoyed relative stability, good oil prices and a growing economy. For those who invested in the Iraqi stock market, returns of over 100% are common and GDP in 2025 is estimated to be up to 5%.”

This comes from the IBBC at their recent meeting. As you can see, Iraq is doing quite well and life is moving forward for the Iraqi’s. They are doing all of this with a REER of 1300 which has been stable for three years.