Article: “Abadi: We need to strengthen the economy and the protection of the national industrial and agricultural product…”
Quote: “We want to increase Iraq’s exports of many materials and we want to give Iraqi concessions for industrialists who can to issue so that there is not only a departure from the currency but the currency intervention and a trade exchange between Iraq and states on one level this is important in activating the work…”
Abadi is telling the public they are trying to “create the conditions” so investors and investment comes to Iraq.
Only then can they move off the peg and let the world decide what the dinar is worth.
These kinds of articles to me are very reassuring.
