Iraq's government is making significant moves in its economic reform journey, with September 2024 marking their busiest month of governmental activity. While they've slowed down since then, focusing mainly on specific tasks like Kurdish elections in October and a census in November, they haven't stopped entirely. One of the most notable ongoing activities is their currency auction system, which recently sold over a billion dollars in just four days. Though they've halted currency withdrawals within Iraq, they're continuing to auction dinars abroad, maintaining a fixed exchange rate of 1,300 dinars per dollar.
Prime Minister Sudani has been emphasizing Iraq's sovereignty in implementing these reforms, with the government claiming a 60% success rate in their programs. They're reporting unprecedented non-oil GDP growth and significant improvements in their stock exchange, which saw a 177% increase in traded shares. The government is also making strides in healthcare, increasing local pharmaceutical contracts, and has recovered 50 billion dinars from anti-corruption efforts. All these changes seem to be part of a larger strategy to stabilize and strengthen Iraq's economic position, though the exact timeline and ultimate goals remain somewhat unclear.