The international market doesn’t revalue a currency because a government announces a new number. It revalues because the underlying economic mechanics justify the number…The 2027 budget is Iraq building those mechanics in real time, in writing, with accountability clauses that make the whole thing auditable. That’s why this budget specifically, not some future budget, is the trigger. It’s the first spending plan Iraq has produced that mathematically supports a higher dinar value without deficit spending eating the gains. Ariel [Post 2 of 2]
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