Al-Sudani’s advisor to Al-Maalouma: Iraq is witnessing economic stability and inflation is under control.
Al-Sudani’s advisor to Al-Maalouma: Iraq is witnessing economic stability and inflation is under control.
6-12-2025
Information / Baghdad..
The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed on Thursday that Iraq has witnessed a remarkable economic shift over the past three years, despite the accumulated economic challenges and problems of previous years.
Saleh told Al-Maalouma News Agency, “The country is currently experiencing economic stability, evident in price stability and inflation rates remaining under control, not exceeding 3%.”
He explained that “this stability is due to two main factors, the first of which is the significant support provided by the general budget for prices, which amounts to approximately 13% of the gross domestic product,” noting that “this support includes vital sectors such as fuel, farmers, and the food basket for citizens.”
He explained that “the second factor is the stability of the official dinar exchange rate, as most import operations are now moving towards the official rate, in light of the noticeable decline in the dollar price in the parallel market and its fluctuations.”
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