Episode Details

Iraq's 2027 budget is moving toward Parliament — and the exchange rate is now part of the discussion. 🇮🇶💵My FX Buddies Blog Iraq's Parliamentary Finance Committee is preparing for the expected arrival of the 2027 federal budget draft on October 15, according to committee members and other Iraqi reporting. One of the major numbers being discussed is a potential budget deficit of approximately 65 trillion Iraqi dinars. Finance Committee member Ikhlas Al-Dulaimi said the committee will examine the exchange-rate issue as part of the measures and solutions proposed by the Ministry of Finance to address the deficit. But there is an important distinction: The exchange rate is being discussed — that does NOT mean a new official exchange rate has been announced. The actual budget draft and its financial tables are expected to provide much more detail about: Government revenues Government spending The projected deficit The assumed oil price Oil-export assumptions Deficit financing The exchange-rate issue The oil-price assumption is also still being debated. Earlier reporting put proposals in a range from approximately $50 to $65 per barrel, while other discussions have considered different assumptions depending on market conditions and export expectations. The Iraqi Parliament's Finance Committee has also been working through final-account requirements ahead of consideration of the 2027 budget. And the exchange-rate discussion is not happening in isolation. Iraq's Finance Committee has been examining broader questions involving spending, revenue diversification, oil dependence and financial management. So the big date to watch is: OCTOBER 15, 2026 That's the expected date for the draft 2027 budget to reach Parliament. Once the actual budget tables are available, we'll have a much clearer picture of what Iraq is assuming about the dinar, oil, revenues, spending and the deficit. This is a budget discussion — not an announcement of a new exchange rate. https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar