Pimpy

Pimpy – Dinar Guru  Everything you need to know about Iraq is in a BTI report…political participation, rule of law, stability of institutions, political and social integrations. I mean everything…I know what we’re really looking for is ‘monetary and fiscal stability’. This report only comes out every two years.  This is for 2024.  Quote:  “The Iraqi dinar is pegged to the US dollar which has helped it maintain low levels of inflation…Over 90% of Iraq’s economic power is based on oil.”  My gosh, I remember it used to be 95%.  This is not bad but it definitely has to come down.  Quote:  “The non oil revenue, services and agriculture sector saw significant growth with non-oil GDP increasing by 8.4%.”  This is the number we want to see continue to grow and grow and grow.  [Post 1 of 2….stay tuned]

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