An economist explains the extent to which cash liquidity can be withdrawn from citizens.
An economist explains the extent to which cash liquidity can be withdrawn from citizens.
9-14-2026
Information/Baghdad…
Economic expert Dr. Safwan Qusay explained the possibility of withdrawing the cash liquidity held by citizens and transitioning entirely to electronic systems.
Qusay told Al-Maalouma, “Some studies indicate that Iraq has the capacity to fund credit cards, with the aim of withdrawing the estimated 70 trillion dinars held by Iraqis, so that banks can access it to finance public expenditures.”
He added, “By selling real estate shares or shares in companies with suitable returns through the Iraq Stock Exchange, banks can withdraw this liquidity through such projects.”
He pointed out that “there is a need to incentivize Iraqis to buy bonds and shares through the returns and interest generated by the nature of the project being sold. This is one solution for withdrawing cash liquidity, which can be implemented in the coming period.”
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