🇮🇶 Iraqi Parliament Vote & Dinar Reform: Why This Matters 💹
🌟 Key Highlights
🔹 Parliament Vote = Critical Power Move 🏛️
Iraqi citizens elect the Council of Representatives (parliament).
Parliament elects the President, who then nominates the Prime Minister (usually from the majority coalition).
The PM proposes a cabinet, and parliament approves it.
➡️ Only after this process does the PM officially take office.
💡 Why it matters: The people in these positions control the path toward any dinar revaluation, adjustment, or float, directly affecting investor outcomes.
🔹 Election Turmoil ⚠️
Recent elections have seen violence, assassinations, attacks on candidates’ homes/offices, suspicious fires, and arrests.
The final outcome could significantly impact Iraq’s financial policies and the dinar’s future.
🔹 Historic Dinar Reform: “Removing the Zeros” 💥
Dr. Subhi Jabara, with 30+ years of experience, confirms plans for a major reform.
The Central Bank of Iraq is executing one of the most ambitious financial engineering projects in modern Iraqi history.
Goal: Redefine Iraq’s interaction with the global economy.
Potential dinar projections: 3.22–4.25 to the dollar — a significant realignment from the previous era.
💡 This signals legitimacy and serious preparation for currency reform.
🔹 Investor Takeaway 💼
The parliament vote and cabinet approval are directly tied to the potential for a dinar revaluation or adjustment.
The coming days/weeks will clarify who is “pulling the strings” and how this may impact currency policies.
Global investors should stay alert for official announcements and any parliamentary decisions.
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Sandy Ingram
Here's why the parliament vote is so important. They do things differently in Iraq...Citizens elect parliamentary members, council of representatives. That parliament elects the president of Iraq.
The president of Iraq then nominates a prime minister normally from the majority coalition. That nominee proposes a cabinet and then parliament votes to approve the cabinet and thereby the prime minister assumes office. That's wy the parliament vote is so important.
I have held off from election news but it's been violent. Everything from an assassination to firing shots at candidates homes and offices, suspicious fires, people arrested. It was bad...We can only hope the Iraqi elections result in a positive outcome for the Iraqi people...Whoever is pulling the string, whoever is sitting in the seat of the prime minister and the president, those are the people that will allow progression towards an Iraqi dinar readjustment or revalue or float or whatever it is they're going to do. That's why the election is so very important who's pulling the strings because our investment is at the end of those strings.
Militia Man
Article: "The Iraqi dinar without zeros: The central bank of Iraq launches a historic reform" Dr. Subhi Jabara. This guys with 30 years of experience is reiterating all the things Militia Man and Crew have been talking about...I'm pretty pumped because I feel like I'm being vindicated...
Article quote: "The phrase removing the zeros...represents one of the most ambitious and complex financial engineering projects in the country's modern history.
The central bank is...redefining how Iraq interacts with the global economy." That is very very powerful because it's defining exactly what they're going to do... Quote: "The potential shift in the dinar's value with projections ranging from 3.22 to 4.25 to the dollar." That's big. That's a 'previous era'...This doctor with his experience tells me there's legitimacy to the article... [
