Sandy Ingram

The Central Bank of Iraq has released its first quarter report for 2025 and it’s good news…After months of economic uncertainty and regional instability the central Bank of Iraq’s report reveals a series of positive indicators.  Inflation is finally showing signs of stabilization.  Foreign currency reserves have increased now exceeding $100 billion strengthened by tighter fiscal policies and improved oil revenue management.  More importantly the dinar has held steady  backed by ongoing efforts to reform the foreign exchange market and reduce its dependency on the parallel market.  Non-oil sectors are slowly gaining traction too…Alaq states this quarter’s performance shows our reform measures are taking root…These early signs are encouraging…There’s a feeling of hope in the air.