Iraq continues to strengthen its economy, and many officials now highlight steady progress. The government directs its efforts toward stronger financial foundations, and many analysts praise this direction. Throughout these developments, Iraq depends on the stable exchange rate to support confidence and guide markets. This stable exchange rate shapes every key policy discussion today, and many leaders connect it to long-term economic goals. Moreover, experts repeatedly emphasize that Iraq’s future growth also depends on preserving the stable exchange rate.
Iraq’s financial adviser, Mudhhir Mohammed Saleh, explains that the national currency holds firm at 1320 dinars for every US dollar. He stresses this point because he wants to calm public concerns. He also views recent market shifts as small changes that do not weaken the economy. Furthermore, he describes these shifts as noise created by confusing information and fast rumors.
Saleh states that Iraq often sees similar movements during political transitions. These periods encourage speculation, yet the government responds quickly with clear financial policies. Additionally, Iraq continues to modernize its customs system. Officials introduce digital tools and new international procedures to increase transparency. These updates improve accuracy and support discipline across commercial networks.
Moreover, Saleh highlights that these reforms strengthen confidence in both financial and trading environments. He explains that prices stay steady, and the overall economic climate grows calmer. Inflation now falls near 2.5 percent, and Saleh considers this level healthy. He believes this number reflects better control and stronger financial management across the country.
Iraq also benefits from powerful foreign reserves. These reserves support the national currency and protect the government’s financial direction. As a result, officials maintain the current exchange level with confidence. They use clear monetary tools to guide the market and keep prices stable for citizens. Consequently, the public enjoys stronger trust in daily economic decisions.
International institutions also welcome Iraq’s recent improvements. Several major organizations praise the country’s reforms and recognize progress in the banking sector. They also observe a more attractive investment environment. This positive feedback encourages Iraq to expand new economic projects.
Additionally, the government works closely with the private sector. Officials support new partnerships that help diversify the economy. This cooperation also strengthens national plans under Iraq Vision 2050. Through these efforts, Iraq prepares for broader development and long-term stability.
Iraq now moves forward with more confidence. Each financial reform strengthens its position, and every policy pushes the country toward sustainable growth.