Iraq 2027 Budget Update
Iraq proposes a 2027 budget based on $58 oil, with:
• Spending: 217T Iraqi dinars (~$166B)
• Deficit: Over 40T dinars
• Oil exports: ~4M barrels/day
• Dinar target: 1,400–1,500 per USD
⚠️ Shipping disruptions are pushing Iraq to explore alternative crude export routes.
📌 Oil prices and regional risks remain key market factors.
#forexmarket# #Economy# #OPINIONLEADER# #Fed#
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