Economic: Financial liquidity is available and there are no risks to the Iraqi dinar
Economic: Financial liquidity is available and there are no risks to the Iraqi dinar
5-2-2024
Information/Baghdad..
Economic expert Safwan Qusay confirmed that financial liquidity is available and there are no high risks regarding the existence of the Iraqi dinar.
Qusay said, in a televised interview followed by “Al-Maalouma”: “Oil revenues rose during the first three months of this year, and this is thanks to the current government’s policy and with Muhammad Shiaa Al-Sudani personally supervising this success.”
He added, “Iraq currently embraces more than 600 investment projects, including the Baghdad Metro.”
He pointed out, “Iraq has completed all its financial needs, and the rest of it needs the price of a barrel of oil to reach only $96 to cover the financial deficit.”
He pointed out that “there should be rationalization and advice in local financial consumption.”
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