Al-Mustaqbal University Discusses the Implications of the Iraqi Dinar Devaluation: Economic Challenges and Social Impacts at a Specialized Scientific Workshop

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# Al-Mustaqbal University Organizes a Scientific Workshop on the Economic Benefits and Social Costs of Iraqi Dinar Devaluation Under the patronage of the President of Al-Mustaqbal University, **Prof. Dr. Hassan Shakir Majdi**, and under the supervision of the Dean of the College of Administrative Sciences, **Prof. Dr. Haider Ali Al-Dulaimi**, the College of Administrative Sciences at Al-Mustaqbal University organized a specialized scientific workshop entitled *“Iraqi Dinar Devaluation: Between Economic Benefits and Social Costs”* on Tuesday, 20 October 2026. The workshop brought together a distinguished group of experts and academics specializing in financial and monetary affairs. The workshop witnessed broad academic and community participation, including professors and researchers from various Iraqi universities, as well as community figures from Babil Governorate. This attendance reflected the significance of the topic and its direct impact on the economic conditions and livelihoods of citizens, highlighting Al-Mustaqbal University’s commitment to fostering constructive scientific dialogue on exchange rate policies. The workshop examined the implications of changes in the value of the national currency and their broader effects on the Iraqi economy, fiscal policy, and monetary policy. Its discussions focused on three main themes: **First: Social Costs** Presented by **Prof. Dr. Nabil Al-Marsoumi**, an economic expert at Al-Maaqal University, this session examined the direct effects of Iraqi dinar devaluation on purchasing power, living standards, and the financial burdens imposed on different segments of society. **Second: Economic Benefits and Exchange Rates** Presented by **Prof. Dr. Abdulrahman Al-Mashhadani**, Head of the Digital Economy Department at Al-Iraqia University, this session addressed the anticipated economic effects of exchange rate adjustments and their implications for fiscal and monetary policies in light of the characteristics and challenges of the Iraqi economy. **Third: International Monetary Developments** Presented by **Prof. Dr. Kamil Allawi**, Professor of Monetary and Fiscal Policies at the University of Kufa, this session highlighted the role of decisions made by the U.S. Federal Reserve and the impact of dollar movements and international monetary policies on domestic financial stability. The workshop concluded with a set of recommendations emphasizing the need for comprehensive scientific studies before implementing exchange rate decisions. Such studies should balance economic objectives with social considerations and take into account the Iraqi economy’s heavy reliance on oil revenues, helping strengthen economic stability and protect the most vulnerable groups. Organizing this workshop reflects **Al-Mustaqbal University’s commitment to addressing vital national issues, advancing scientific research, and promoting academic dialogue**. It also demonstrates the university’s role in providing policymakers and the wider community with informed scientific perspectives and analyses that support a deeper understanding of economic challenges and the development of appropriate solutions. Al-Mustaqbal University – The No. 1 University in Iraq