Sunday, July 12, 2026

🇮🇶📈 Iraq Pushes Six New Economic Reform Bills

Iraqi Parliament’s PUK bloc spokeswoman Dilan Ghafoor said halted oil exports and the Strait of Hormuz closure have prompted the Finance Ministry to introduce six reform bills aimed at diversifying state income, selling state assets, and reducing public wage budget pressures by transferring employees to the private sector.
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🇮🇶📈 Iraq Pushes Six New Economic Reform Bills

Iraqi MP Dilan Ghafoor revealed that the Ministry of Finance has introduced six major reform bills in response to the halt in Kurdish oil exports and the risks surrounding the Strait of Hormuz.

The reforms aim to:

💰 Diversify government revenue beyond oil.
🏢 Better utilize and sell state-owned assets.
👥 Reduce pressure on the public payroll by gradually shifting workers to the private sector.

📌 Why It Matters

These reforms are designed to build a stronger and more sustainable economy with less dependence on oil. While they do not confirm a Dinar RV, they represent another important step toward strengthening Iraq's long-term economic and financial foundation.

Every major reform brings Iraq one step closer to a more resilient economy.

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🇮🇶📈 Iraq Pushes Six New Economic Reform Bills

Iraqi Parliament’s PUK bloc spokeswoman Dilan Ghafoor said halted oil exports and the Strait of Hormuz closure have prompted the Finance Min...