Al-Fatlawi speaks about steps to raise the value of the Iraqi dinar.
Al-Fatlawi speaks about steps to raise the value of the Iraqi dinar.
10-18-2026
Information/Special…
MP Shaima al-Fatlawi stressed on Sunday the necessity of adopting an economic and monetary policy aimed at protecting the Iraqi dinar and restoring its purchasing power, noting that the decline in the value of the local currency over the past years has negatively impacted the living conditions of citizens.
Speaking to Al-Maalouma, al-Fatlawi said, “The government should have worked to preserve and strengthen the value of the Iraqi dinar, as other countries have done to maintain the stability of their currencies, instead of resorting to measures that lead to its periodic devaluation.”
She added, “Monetary policy should focus on restoring the dinar’s purchasing power and achieving a more stable value,” pointing out that “the experience of some countries in maintaining currency value serves as an example of the differences in monetary policies between countries, while taking into account the specific characteristics and capabilities of the Iraqi economy.”
Al-Fatlawi explained that “the state’s responsibility lies in protecting the local currency and limiting its devaluation,” emphasizing that any “economic measures must consider their impact on citizens, markets, and living standards.”
She pointed to “the importance of reducing reliance on the dollar and strengthening the role of the dinar in domestic transactions, along with adopting policies that support exchange rate stability and bolster confidence in the national currency,” explaining that “achieving this requires integrated economic and monetary measures that enhance local production and support financial stability.”
She stressed that “restoring the dinar’s strength is not achieved simply by demanding an increase in its value, but rather requires a well-considered monetary policy and a productive economy that reduces dependence on imports, thereby contributing to protecting citizens’ purchasing power and strengthening the country’s economic independence.”
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