The Politics of Dinar Devaluation and Iraq’s Debt Burden

This week’s episode examines the Zaidi government’s controversial decision to devalue the Iraqi dinar, exploring the fiscal pressures behind the move, who bears responsibility for the crisis, and why the public was caught off guard. We discuss Iraq’s mounting debt burden, new details emerging from the 2027 federal budget draft, and whether the government could have better prepared the public for the economic fallout. We also turn to the latest developments in efforts to fill the remaining cabinet vacancies, with parliament potentially set to vote on the appointments this week.