GCR Update: Iraq’s Budget – A Recipe for Disaster On June 14, 2023By Awake-In-3D Is this a GCR signpost? Seriously? IRAQ IS NOT READY TO FLOAT HER CURRENCY. Hence, any rumors of such an IQD RV, without GCR gold and infrastructure, are simply wishful thinking. Our GCR is critical to Iraq’s RV. Iraq’s Parliament recently approved a 2023 budget of 198.9 trillion Iraqi dinars ($153 billion), allocating record funds for public wage bills and development projects. However, the budget deficit is estimated at a record 64.36 trillion Iraqi dinars, and Iraq’s increasing dependence on oil revenue is a risk to its economic…
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