Under the patronage of Prof. Dr. Hassan Shaker Majdi, President of Al-Mustaqbal University, and the supervision of Prof. Dr. Haider Ali Al-Dulaimi, Dean of the College of Administrative Sciences, the College organized a scientific workshop on Tuesday, October 20, 2026, entitled “Depreciation of the Iraqi Dinar: Between Economic Gains and Social Costs.” The event brought together distinguished academics and experts specializing in economic, financial, and monetary affairs. The workshop was attended by faculty members and academics from several Iraqi universities, alongside prominent community figures from Babil Governorate. Their participation highlighted the significance of the issue under discussion and its direct implications for Iraq’s economic conditions and the daily lives of its citizens. The workshop featured three specialized scientific sessions, during which the participating experts presented perspectives and analyses addressing the various dimensions of currency depreciation policies and their potential consequences for the national economy and Iraqi society. First Session: The Social Costs of Iraqi Dinar Depreciation Prof. Dr. Nabil Al-Marsoumi, an economic expert at Al-Maqal University in Basra Governorate, presented the first session, examining the social costs associated with depreciating the Iraqi dinar. His presentation addressed the potential implications of such a policy for citizens’ purchasing power, living standards, and the economic burdens that different segments of society may face. Second Session: Potential Economic Gains from Dinar Depreciation The second session was delivered by Prof. Dr. Abdulrahman Al-Mashhadani, Head of the Department of Digital Economics at Al-Iraqia University. He examined the potential economic benefits of depreciating the Iraqi dinar and its relationship with exchange rates and monetary and fiscal policies. His presentation also highlighted the challenges facing the Iraqi economy and the extent to which expected outcomes depend on the effectiveness of the economic policies adopted. Third Session: The Role of the U.S. Federal Reserve in Exchange Rate Movements The third session was presented by Prof. Dr. Kamil Allawi, Professor of Monetary and Fiscal Policies at the University of Kufa. He discussed the role of the U.S. Federal Reserve and the influence of its decisions on exchange rates, explaining the significance of U.S. monetary policy directions for the movement of the dollar and international currency markets. He also addressed the implications of global monetary developments for exchange rate movements in Iraq. Scientific Discussions and Economic Perspectives The workshop featured academic discussions aimed at deepening participants’ understanding of the interconnected relationship between monetary and fiscal decisions and their broader social implications. The discussions emphasized the importance of evaluating exchange rate policies in light of their economic and social outcomes, while considering the specific characteristics of the Iraqi economy and its substantial dependence on oil revenues. Strengthening the University's Academic and Community Engagement This workshop forms part of the ongoing scientific activities of the College of Administrative Sciences at Al-Mustaqbal University, reflecting its commitment to addressing contemporary economic issues, engaging with specialized academic expertise, and strengthening communication between the University and the wider community. Through such initiatives, the College seeks to promote knowledge production, encourage informed academic dialogue, and provide research-based perspectives that contribute to understanding economic challenges and exploring potential policy responses. Al-Mustaqbal University… Science and Knowledge in the Service of Society and Sustainable Development.
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