🇮🇶📈 Why This Deal Between Erbil and Baghdad Is Significant!! #iraq #IQD

 

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Iraq Prepares a Major Budget Reform

MP Dilan Ghafoor confirmed that the Iraqi government is actively working on the national budget draft, adding that next year's fiscal law will transition from a traditional line-item format to a performance-based program budget, with an initial rollout set for the Ministry of Electricity.

Read more: https://channel8.com/english/news/61233

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🇮🇶📊 Iraq Prepares a Major Budget Reform

A member of Iraq's Parliament, Dilan Ghafoor, confirmed that the government is actively preparing the country's next national budget. One of the biggest changes will be the transition from a traditional line-item budget to a performance-based budgeting system, with the Ministry of Electricity serving as the first pilot project. ⚡

Instead of simply allocating funds to government agencies, the new system will focus on measurable results, improving efficiency, transparency, and accountability in how public money is spent.

📌 Why It Matters

✅ Modernizes Iraq's public financial management.
📊 Improves transparency and accountability.
💰 Encourages more efficient use of government funds.
🏛️ Aligns Iraq with international financial best practices.

While this reform does not confirm a Dinar RV, it is another encouraging step showing that Iraq continues to implement structural economic and fiscal reforms designed to strengthen the country's financial system.

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🇮🇶📈 Why the Erbil–Baghdad Agreement Matters

 While Erbil and Baghdad have settled several technical points regarding the ASYCUDA customs system, a final decision from the Iraqi Council of Ministers is required to resolve disputes over non-oil revenues and employees salaries.

Read more: https://channel8.com/english/news/61248

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🇮🇶📈 Why the Erbil–Baghdad Agreement Matters

Baghdad and Erbil have resolved several technical issues regarding the ASYCUDA customs system, but the final approval now rests with Iraq's Council of Ministers.

Why is this important?

✅ Strengthens financial transparency.
💰 Unifies the management of non-oil revenues.
🏛️ Helps stabilize federal finances.
📦 Modernizes customs and boosts government revenue.
🤝 Resolves one of Iraq's longest-running political and financial disputes.

📌 My Opinion

This approval would be another major step in Iraq's reform agenda. While it does not confirm a Dinar RV, it removes a significant obstacle and strengthens the economic foundation needed for future monetary and financial reforms.

Another piece of the puzzle is falling into place.

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🚨🏦 CBI Insider: The Plan Is Still in Motion! #iqd #dinarrevaluation #dinaresgurus #iraq #cbi

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🇮🇶💵 Iraq Eyes the Next Phase: Unlocking Frozen Funds

 CHANNEL8

MP Hussein Sahib al-Bayati told the state-owned ⁠Iraqi News Agency that parliament hopes the visit will secure modern aircraft and air defense equipment, rather than remaining “merely “ ceremonial.

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🇮🇶💵 Iraq Eyes the Next Phase: Unlocking Frozen Funds

Recent reports indicate that Iraqi lawmakers expect Prime Minister Al-Zaidi's visit to Washington to deliver real results, not just a ceremonial meeting. Among the key expectations are:

✈️ Securing modern aircraft and air defense systems.
💵 Requesting the release of Iraqi funds that remain frozen or restricted.
🤝 Strengthening economic and security cooperation with the United States.

For Washington to approve broader access to these funds, Iraq has been expected to demonstrate:

✅ A serious fight against corruption.
✅ Stronger anti-money laundering and banking compliance.
✅ Greater transparency in its financial system.
✅ Efforts to prevent funds from reaching sanctioned groups or Iran-backed militias.

📌 My Opinion

Now it makes sense why the Iraqi government has spent the last several weeks aggressively showcasing its anti-corruption campaign. We've also seen something unprecedented: a much stronger effort to confront and bring Iran-backed militias under state authority—something previous governments largely avoided.

These actions have intensified precisely as the Washington meeting approaches.

In my view, this is not a coincidence. Iraq appears to be preparing to move into the  next phase of its economic reform agenda: obtaining the release of frozen Iraqi funds.

If that objective is achieved, it could provide Iraq with greater financial flexibility to continue implementing reforms and advancing the modernization of its banking and economic system.

⏳ The coming days could be very important.

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MNT GOAT: THE ASSETS OF IRAQ CAN MAKE THE DNAR RATE FAR GREATER THAT 1/6 OF A PENNY FOR 1 DINAR

 

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🇺🇸🤝 Support Continues: Coalition Reaffirms Commitment to the Peshmerga

 "I want to emphasize that we are merely reducing our footprint; vital support services, such as those for the Peshmerga, will be maintained," the spokesperson stated during a press conference.

Read more: https://channel8.com/english/news/61169

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🇺🇸🤝 Support Continues: Coalition Reaffirms Commitment to the Peshmerga

📢 During a recent press conference, a coalition spokesperson made an important clarification:

"We are merely reducing our footprint; vital support services, such as those for the Peshmerga, will be maintained."

✅ While the coalition is reducing its overall presence in Iraq, essential support is NOT ending. Training, coordination, and key assistance for the Peshmerga will continue, underscoring an ongoing commitment to regional security and stability.

🌍 A stable security environment remains an important foundation for Iraq's continued economic reforms, investment climate, and long-term development.

👀 We'll continue monitoring developments as Iraq advances its economic and financial transformation.

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