🇮🇶🔥 “Iraq’s Oil & Gas Law: The Final Piece of the Puzzle?”
President Calls It ‘Urgent’ — Could This Unlock the RV? 💰
🛢️ President Rashid Sounds the Alarm:
“There is an urgent need to pass the Oil & Gas Law and define how revenue is distributed. Parliament has failed to pass it, and the problems remain unsolved.”
📌 Why This Matters:
The Oil & Gas Law has been one of the long-standing missing pieces needed for:
🔹 Economic Unity between Baghdad & Erbil (KRG)
🔹 Fair revenue distribution across provinces
🔹 Stronger investor confidence & legal frameworks
🔹 Financial stability to support a potential RV rollout
🔍 President Also Reveals:
💸 80% of Iraq's revenues go to salaries — compared to just 6% in developed countries. He calls this unsustainable.
🗳️ Iraq remains committed to free and fair elections — no emergency government or delays.
💧 Iraq faces a climate-induced water crisis and calls for cooperation from neighbors.
🇵🇸 Iraq stands in solidarity with Palestine, calling for an immediate end to aggression in Gaza.
🤝 “Federal–KRG Ties Are Stronger Than the Differences”
Rashid emphasized that the relationship between the federal government and Kurdistan is generally positive, and that shared interests outweigh the differences.
This sets the stage for agreement on oil exports, revenues, and national unity.
🧩 Is This the Final Piece Before the Reinstatement?
Many analysts believe the Oil & Gas Law could be a major trigger for the long-awaited monetary reform, including the Project to Delete the Zeros and ultimately the RV of the Iraqi Dinar. 🧠💸
With high-level alignment across four presidencies, could we finally be heading toward a legislative breakthrough?
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👀 Stay alert. Things are moving fast. The oil law isn’t just legislation — it’s a signal.
