DINAR REVALUATION
Saturday, April 25, 2026
PARLIAMENT PREEMPTS THE DECISION ON THE PRIME MINISTERIAL CANDIDATE… RASHID: THERE WILL BE NO BUDGET FOR THE CURRENT YEAR, 2026
PARLIAMENT PREEMPTS THE DECISION ON THE PRIME MINISTERIAL CANDIDATE… RASHID: THERE WILL BE NO BUDGET FOR THE CURRENT YEAR, 2026
The Iraqi Parliament has settled the debate regarding the fate of the draft federal budget law for the current year, 2026, amidst the ongoing crisis surrounding the nomination of a candidate for the position of Prime Minister, a matter on which political and parliamentary circles are still awaiting a resolution.
MP Ahmed Hama Rashid stated to the Iraqi National News Agency ( NINA ),
He explained, “Financial statements will be issued by the Ministry of Finance and sent to the Federal Board of Supreme Audit, and then approved by Parliament later.” He added,
“The amended Federal Financial Management Law No. 6 of 2019 addresses this situation to facilitate the annual budget by disbursing expenditures at a rate of 1/12 of all expenditures included in the previous budget. This is a legal procedure that is in practice and adopted by Iraqi state institutions.”
Regarding the approval of the final accounts, Rashid explained that “these accounts will be based on official financial statements sent to the Federal Board of Supreme Audit, for preparation, auditing, and reconciliation.”
Friday, April 24, 2026
JON DOWLING & MARKZ ANALYSIS: GLOBAL FINANCIAL RESET
🇺🇸 HIGHLIGHTS – GLOBAL FINANCIAL RESET (MarkZ & Jon Dowling)
- 💵 New gold/silver-backed U.S. dollar:
- Potential launch around July 4th.
- Signals a shift from fiat to asset-backed money.
- 🇮🇶 Iraq at the center of the reset:
- U.S. halting dollar transfers to pressure government formation.
- Objective: reduce Iranian influence and restore stability.
- Coordination Framework holds 187/329 seats.
- 🌍 Global geopolitical shift:
- U.S. applying pressure on Iran, Venezuela, Vietnam, Zimbabwe.
- China & Japan dumping U.S. Treasuries → declining confidence.
- Federal Reserve buying 90%+ of Treasuries to support the system.
-
📉 Fiat system under pressure:
- Signals of a potential controlled decline of the current dollar system.
- Increased insider selling in stocks and crypto markets.
- 🛢️ Markets & commodities:
- Oil could spike toward $200/barrel amid conflict risks.
- Precious metals & crypto may rise during transition.
- 💱 Currency resets (RV):
- Iraqi dinar, Vietnamese dong, Zimbabwe currency in ongoing processes.
- Part of a broader shift toward asset-backed currencies.
- ⏳ Critical 6–8 week window:
- Key dates:
- April 27: Iraq government deadline
- May: Potential Fed leadership shift
- July 4: Target for new dollar
- ⚠️ Economic impact ahead:
- Risk of volatility, supply chain disruptions, and instability.
- Stimulus measures seen as transition support funds.
- 🧭 Final takeaway:
- A major global financial transition may be unfolding, driven by geopolitical shifts, monetary restructuring, and declining trust in fiat systems.
SUDANI: IRAQ IS NO LONGER A BATTLEGROUND… A NEW PARTNERSHIP WITH WASHINGTON AND BILLIONS OF DOLLARS IN INVESTMENT
SUDANI: IRAQ IS NO LONGER A BATTLEGROUND… A NEW PARTNERSHIP WITH WASHINGTON AND BILLIONS OF DOLLARS IN INVESTMENT
Prime Minister Mohammed Shia al-Sudani published an article in the American magazine Newsweek on April 17, in which he reviewed the most prominent features of the political and economic stage in Iraq, and the government’s vision to enhance internal stability and redefine international relations, especially with the United States.
Al-Sudani stressed that the election result represented a popular mandate for a difficult but necessary path to maintain Iraq’s stability in light of a very dangerous regional phase, and to build stronger institutional foundations and long-term economic renewal.
He noted that over the past two and a half years, and during three waves of regional escalation, his government had managed to keep Iraq out of the war, protect international personnel on its territory, and maintain the cohesion of the state.
He explained that the government brought companies such as ExxonMobil, Chevron, BP and GE Vernova back to Iraq through new commitments in the energy sector worth billions of dollars, in addition to attracting more than $100 billion in investments.
He explained that the current moment is the most appropriate to redefine Iraq’s relationship with the United States, noting that Iraq has always been viewed in Washington through the lens of crises, war and terrorism, while today it is a country that has proven its ability to withstand enormous pressure.
Al-Sudani spoke about the challenges his government has faced since the outbreak of the war in Gaza in October 2023, stressing that the goal was to prevent Iraq from being dragged into a conflict that was not of its choice, despite increasing pressure and escalation from multiple parties.
He added that the government has acted through direct engagement, issuing security directives and continuous political management to prevent Iraqi territory from becoming an open arena for regional war, while maintaining a firm objective of containing escalation and protecting stability.
He stressed that this position represents an exercise of sovereignty, noting that Iraq is more aware than others of the cost of becoming an arena for settling scores between others.
On the security front, he pointed out that the Popular Mobilization Forces were formed in response to the threat of ISIS, and that the government strengthened oversight and directed resources through official institutions, while refusing to turn exceptional arrangements into permanent alternatives to the state.
On the economic front, he affirmed that Iraq has rebuilt its economic position, with the return of major companies to develop oil fields and energy projects, in addition to the implementation of strategic projects such as the Total Energies and Qatar Energy project in Basra.
He stressed that Iraq has become more competitive and more attractive for investment, thanks to improved contractual terms, restored confidence, and the creation of a favorable environment for long-term investment.
He explained that Iraq possesses the fifth largest oil reserves in the world and is located in an important strategic location, which calls for dealing with it as a strategic opportunity in American policy.
He also stressed that Iraq’s partnerships will remain diverse, with continued cooperation with China alongside the United States, Europe, Turkey and the Gulf States, noting that Iraq’s geographical location and balanced relationships represent a strategic strength.
He touched on the development road project, which will make Iraq an important trade corridor and a bridge for trade, energy and diplomacy, instead of being an arena for conflict.
Al-Sudani called on the United States to adopt a more mature strategic framework towards Iraq, especially in the economic field, while protecting and encouraging American investments. He also stressed the importance of developing the security sector, enhancing intelligence cooperation, and combating terrorism, in order to support the state’s long-term capabilities.
He concluded by emphasizing that Iraq is working to strengthen its institutions, diversify its economy, and resolve the relationship between the state and armed groups in favor of the state, noting that what Iraq is proposing is based on partnership, interests, and mutual respect, and that the opportunity is available to build a more stable and interconnected future in the region.
MNT GOAT: RV STATUS HIGHLIGHTS: Deletion of Zeros: The Critical Step Toward a Possible $0.72 Rate
🇺🇸 HIGHLIGHTS – RV STATUS (Mnt Goat)
- 🇮🇶 Ongoing political deadlock: Over 5 months without a stable government; strong Iranian interference delaying progress.
- 🧑💼 Al-Sudani vs Maliki:
- Al-Sudani won the popular vote but faces resistance from Iran-backed factions.
- Maliki re-enters the scene after his candidate is rejected.
- 🇺🇸 U.S. pressure tactics:
- Halting dollar shipments to Iraq until a government is formed.
- Demanding disarmament of Iran-backed militias.
- Security is essential before economic advancement.
- 💰 Liquidity crisis:
- Revenue ≈ 4T IQD vs spending ≈ 8T IQD.
- ~80% of cash outside the banking system.
- Potential strain on central bank reserves.
-
🏦 Monetary reform underway:
- Reducing reliance on the U.S. dollar.
- Promoting dinar usage domestically (e.g., real estate).
- “Petro-dinar” concept resurfaces.
- 🌍 De-dollarization signals:
- Discussions about using yuan and other currencies.
- Push toward financial independence.
- ⚠️ RV not imminent:
- Requires political stability, security, and reform completion.
- Iranian influence remains the primary obstacle.
-
🔄 Deletion of zeros:
- Key step in monetary reform plan.
- Could occur with no immediate rate change or moderate adjustment (~$0.72).
- 📈 Key takeaway:
- Dinar reinstatement depends on real reforms and stability.
- Without resolving Iranian influence, Iraq remains high-risk for investors-------
🇪🇸 HIGHLIGHTS – ESTATUS DEL RV (Mnt Goat)
- 🇮🇶 Crisis política continúa: Más de 5 meses sin gobierno estable tras elecciones; fuerte interferencia de Irán bloquea el proceso.
-
🧑💼 Al-Sudani vs Maliki:
- Al-Sudani lideró en votos pero enfrenta oposición del bloque pro-Irán.
- Maliki intenta regresar al poder tras rechazo de su candidato.
- 🇺🇸 Presión de EE.UU.:
- Detiene envíos de dólares a Irak hasta formar gobierno.
- Exige desarme de milicias pro-Irán.
- Seguridad es clave antes de cualquier avance económico.
- 💰 Problemas de liquidez:
- Ingresos ≈ 4T IQD vs gastos ≈ 8T IQD.
- 80% del dinero fuera del sistema bancario.
- Posible presión sobre reservas del Banco Central.
-
🏦 Reforma monetaria en proceso:
- Esfuerzos para eliminar dependencia del dólar.
- Impulsar uso del dinar en economía interna (ej. bienes raíces).
- Ideas de “petro-dinar” para ventas de petróleo.
- 🌍 Alternativas al dólar:
- Discusión sobre uso del yuan y otras monedas.
- Posible intento de independencia financiera.
- ⚠️ RV NO es inmediato:
- Requiere estabilidad política, seguridad y control de milicias.
- Influencia iraní sigue siendo el mayor obstáculo.
-
🔄 Eliminación de ceros:
- Parte clave del plan monetario.
- Podría hacerse sin cambio inmediato de tasa o con revaluación moderada (~$0.72).
- 📈 Conclusión clave:
- La reinstalación del dinar depende de estabilidad + reformas reales.
- Sin resolver influencia iraní, Irak sigue siendo riesgoso para inversión.
FRANK26…4-22-26…..SUDANI SIT !!!
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