🚨 POSITIVE SIGNAL FOR IRAQ'S MONETARY REFORM? 🇮🇶💵

CHANNEL8

Iraqi PM advisor Mudhar Muhammad Saleh told state media that the CBI supports financial stability by managing banking liquidity and legally funding government needs without compromising its independence or monetary policy goals.

Saleh stressed that while short-term tools can manage liquidity crises from oil export disruptions, true security requires diversifying export routes and adopting long-term reforms to eliminate domestic debt.

He further said the government prioritizes sovereign spending like salaries and social welfare, rearranging disbursements and delaying non-essential expenses to guarantee uninterrupted payments despite temporary financial pressures.

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🚨 POSITIVE SIGNAL FOR IRAQ'S MONETARY REFORM! 🇮🇶💵

Iraqi PM advisor Mudhar Muhammad Saleh confirmed that the Central Bank of Iraq (CBI) remains committed to financial stability and refused to use an exchange rate change as a short-term solution to financial pressures.

✅ Why is this important? A premature change in the exchange rate could fuel inflation at a time when Iraq is still strengthening the economic foundations needed for long-term monetary reform.

The CBI has consistently emphasized the importance of maintaining single-digit inflation before any major currency reform and continuing to keep inflation under control afterward. By choosing stability over a quick fix, the CBI is reinforcing the economic discipline many believe is necessary before any significant monetary policy changes.

⚠️ This is not confirmation of an RV. However, it is another indication that the CBI remains focused on preserving the stable economic environment required to support Iraq's long-term monetary reform.

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