Issuance of the Third Issue of the Iraqi Economic Observatory (IEO) Brief – Iraq Economic Monitor
The Usul for Economic and Sustainable Development (OESD) foundation has issued the third weekly brief of the Iraqi Economic Observatory (IEO) for the period from November 4 to November 11, 2026. The report includes the following key economic indicators and developments:
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Fiscal Deficit: The actual deficit during the first nine months of 2026 reached approximately 36.3 trillion Iraqi dinars, while public sector salaries alone account for 87% of collected revenues.
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Parallel Market Exchange Rate in Baghdad: Recorded at 168,900 Iraqi dinars per 100 US dollars, representing a gap of approximately 11.1% compared to the official rate.
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Food Prices: Food prices recorded an increase of about 10% in Basra, and 6.5% in both Baghdad and Erbil over a six-week period.
For the full report, please click the link below: