Pimpy

  In Pimpy's Investment Chat 

Article quote:  “The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment project – In addition with weak business environment and efficiencies in public sector investment, mismanagement, corruption and the lack of adequate infrastructure.  All these factors constitute major obstacles to attracting foreign investment despite some progress in the recent years.”  This is the big reason why you’re not seen any real increase in the Iraqi dinar exchange rate.  Those are huge steps…that need to be taken before they can increase their purchasing power and before they can increase the value of the Iraqi dinar…

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