๐จ Iraq’s Economic Glow-Up? ๐๐ Low Debt & WTO Ambitions Signal Big Moves! ๐ฅ๐ฎ๐ถ
Some highlights by PDK (Not verbatim – full credit to sources listed. Always DYOR.)
๐ TOP HEADLINES – October 20, 2025
๐ Iraq Eyes the World Stage… Literally!
Al-Ghariri: Iraq is actively negotiating to join the World Trade Organization (WTO).
๐ผ This is HUGE for global integration and economic reforms.
๐ Focus is on improving institutional readiness and syncing legislation & investments with international standards.
๐งฉ This aligns closely with the HCL law, ---
budget implementation
, and currency reform rumors.
๐ Source
๐ Debt Down, Confidence Up! Iraq Shows Fiscal Strength ๐ช
๐ Central Bank of Iraq confirms public debt is lower than the U.S., Japan, and several Arab countries.
๐ Public debt-to-GDP: 31%
๐ That’s better than Egypt (90%), Morocco (70%), and even the U.S. (120%)
✂️ Debt reduction continues: External debt curve is declining
๐ฐ Breakdown Highlights:
$40.5B of external debt = pre-2003 & suspended (no payments due!)
Paris Club debt mostly cleared – only $3.8B remains
Newer long-term debt (~$10B) tied to infrastructure with countries like Japan, Germany, Spain, UK
๐ Inflation is near ZERO, a stark contrast to neighbors like Turkey & Iran
๐ง Key Takeaway: Iraq is managing its budget strategically, with actual borrowing far below projected deficits.
๐ Source
๐ง What This Could Mean for RV/GCR Watchers:
๐ Ongoing WTO talks = global integration, increased pressure for currency reform
๐ Strong debt position = stable economic outlook, positive for potential RV moves
๐ธ Smart budgeting & investment focus = long-term sustainability of new rates, if/when revaluation happens
๐ฅ BONUS: “Debt Discipline Before Rate Shift?”
With inflation near zero, global partnerships expanding, and debt under control... the perfect storm might be brewing ๐ฉ️ for something bigger.
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๐ข Keep your eyes on Iraq – the pieces are falling into place!
#IraqUpdate #DebtNews #WTO #RVIntel #DinarNews #GlobalCurrencyReset #IraqEconomy