๐ฅ๐ฎ๐ถ CENTRAL BANK UPDATE: ZERO REMOVAL ON THE HORIZON! ๐ฐ✨
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. ๐ธ⚖️
He emphasized strong coordination between the Central Bank and Ministry of Finance to ensure financial stabilitydespite the challenges. ๐ค๐
On the key topic:
“The project to remove zeros from the Iraqi dinar is ongoing and under planning, with expected developments soon.” ๐๐️
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. ๐ต๐ง
This signals a major step toward strengthening Iraq’s currency and stabilizing the economy in the near future.
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