Article: “Prime Minister Mohammed Shia Al-Sudani chaired an extraordinary meeting of the Ministerial Council for the Economy, approving a package of measures aimed at reducing government spending and increasing revenues. Salaries of government workers and benefits are under review as well a private sector pay scales.” An austerity program doesn’t speak well for the topic of an RV. In fact, the opposite is true. I cannot stress how important it is to learn to separate happy-talk from reality. There will be NO RV this year and likely not the next. : Fnu Lnu
Iraq approved spending cuts and revenue measures, prompting skepticism about any near-term dinar revaluation.
