💥 Iraq’s Debt Under Control! No Burden, Full Transparency & Economic Reform Ahead 🇮🇶📉 | CBI Update October 2025
Some highlights by RVhighlights (Not verbatim – always check full sources for complete context)
📢 Central Bank of Iraq Drops Major Fiscal Update – October 19, 2025
🧾 Iraq’s Debt Situation: Under Control & Within Safe Limits
🔹 Public Debt-to-GDP Ratio: ✔️ Does NOT exceed 43%
🔹 Classified as “Moderate” by international standards – ✅ NOT a burden on Iraq’s economy
🔹 External Debt: 📉 Only $13B (excluding regime-era debt that is no longer active)
🔹 Internal Debt: 📊 91 trillion IQD – mostly held within the government banking system
💬 “Iraq has not defaulted on any of its obligations,” the Central Bank emphasized – maintaining strong global financial credibility.
🧮 Budget Deficit: Smaller Than You Think
🔻 Planned 3-year deficit: 91.5 trillion IQD
✅ Actual deficit: Only 35 trillion IQD
👉 That’s just 18.2% of what was planned – a sign of tight fiscal control
📌 Covered with bonds & transfers internally = no reckless borrowing
🔁 Debt Conversion into Investments?
🚧 Specialized committees + international consultants are now working to:
💼 Turn domestic debt into investment instruments
📈 Create a national fund to manage debt strategically
🛠️ Stimulate economic growth through investments, not just repayments
💡 Shift Toward a Diversified Economy
🛢️ No more total reliance on oil.
📊 CBI is working on long-term sustainability, pushing:
📈 Growth in non-oil revenues
💰 Broader economic reform
🧩 Stability that could support a revalued currency environment
🛑 CBI Issues Scam Alert to Retirees & Citizens
⚠️ DO NOT trust:
Anyone asking for retirement IDs or financial info
Messages on social media or phone calls claiming to represent the Central Bank
🧠 If it’s not from an official source, it’s a scam.
📢 Report suspicious activity immediately to CBI or authorities.
🌍 Why This Matters for RV Watchers:
Iraq’s debt is managed, not messy — a must-have for any major currency move
Strong coordination between the CBI & Government = confidence builder
Economic diversification plans could signal serious reform momentum
💡 History shows financial discipline often precedes revaluation or reinstatement
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📣 Iraq's financial chessboard is being set — don’t miss the next move.
#IraqDebt #CBIUpdate #RVIntel #FinancialReform #EconomicStability #DinarWatch #IraqiDinar #CurrencyReset