Oil pressure • Salary crisis • Public ANGER• WTO Update• Iraq's Clock is Ticking

My FX Buddies · Feb 23, 2026 · 33m

Iraq is standing at a dangerous financial crossroads.

link to My FX Buddies Blog

With oil prices hovering near $70 per barrel — far below the $84 needed to balance the budget — the country is facing a widening deficit, ballooning public salaries, and mounting IMF pressure.

📊 $96.9 billion spent

📉 $87.1 billion earned

💥 $9.8 billion deficit

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