Thursday, October 23, 2025

๐Ÿ”ฅ๐Ÿ‡ฎ๐Ÿ‡ถ CENTRAL BANK UPDATE: ZERO REMOVAL ON THE HORIZON! ๐Ÿ’ฐ✨

 ๐Ÿ”ฅ๐Ÿ‡ฎ๐Ÿ‡ถ CENTRAL BANK UPDATE: ZERO REMOVAL ON THE HORIZON! ๐Ÿ’ฐ✨

October 22, 2025

Central Bank Governor Ali Al-Alaq confirmed at the Duhok Conference that Iraq’s three-year budget involves massive expenditures and a high deficit, driving the urgency for financial reforms. ๐Ÿ’ธ⚖️

He emphasized strong coordination between the Central Bank and Ministry of Finance to ensure financial stabilitydespite the challenges. ๐Ÿค๐Ÿ“Š

On the key topic:

The project to remove zeros from the Iraqi dinar is ongoing and under planning, with expected developments soon.” ๐Ÿ”„๐Ÿ—“️

Governor Al-Alaq also revealed that the currency denominations will be restructured, including changes to the 20,000 dinar note, as part of the renewed zero-removal proposal. ๐Ÿ’ต๐Ÿ”ง

This signals a major step toward strengthening Iraq’s currency and stabilizing the economy in the near future.


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