Sandy Ingram  [Post 1 of 3….]

The four factors that have or can affect the Iraqi dinar currency…The first…is the ’24 budget…presents a significant issue for Iraq.  The World Bank’s assessment that Iraq needs an oil price of $90/barrel to meet budget requirements is a stark contrast to the current oil price of around $80…This ongoing issue boils down to how the World Bank reviews financial data and how Iraq view the same data.   The second factor…until 2014 Iraq almost always created jobs for college graduates…In the eyes of Iraq, a government career is part of the benefits of being an oil rich county…One reason the budget is so large is that Iraq is budgeting for over 700,000 new government jobs.