From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Hoarded Wealth, Frozen Economy: Iraq's Hidden Cash Crisis Deepens
For many Iraqis, banks are not seen as safe havens but as unreliable or even risky institutions.
And for countless others, personal experiences of fraud and failed investments have reinforced the instinct to hide money away rather than let it work.
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