AL-MOUSSAWI: FORMING THE NEW GOVERNMENT MAY TAKE A LONG TIME
MP Mukhtar al-Moussawi affirmed on Wednesday that forming the new government in Iraq faces significant challenges and will not be achieved quickly without the consensus of all political factions, whether Shia, Sunni, or Kurdish.
Speaking to the Information Agency, al-Moussawi stated, “The continuation of the current situation without serious and urgent action to resolve the political disputes related to entitlements and the nomination of candidates will lead to a lengthy delay in the government formation process.”
He pointed out that “reaching an understanding on the presidency is the essential and necessary first step, followed by an agreement on the Speaker of Parliament, so that a date can be set for the opening of the new parliamentary session.”
He explained that “these steps are part of a political system followed in many countries to ensure the smooth and transparent progress of the constitutional process,” noting that “the continuation of the current stalemate and the failure to reach a swift agreement will cause the government formation process to take more than two months, negatively impacting political stability and hindering the implementation of the government plans and programs that the country is awaiting.”
Al-Moussawi called on “all political parties to expedite reaching an understanding and prioritize the national interest over partisan and factional interests, in order to overcome the current crisis and finalize the formation of the government as quickly as possible.”
THE CABINET APPROVES {REDUCING EXPENDITURES AND MAXIMIZING REVENUES}
The Cabinet yesterday approved the recommendations issued by the Ministerial Council for the Economy regarding reducing expenditures and maximizing revenues, as part of the economic and financial reform program. This comes at a time when the Prime Minister’s financial advisor, Dr. Mazhar Muhammad Salih, expects the state to achieve initial tax revenues of approximately 8 trillion dinars this year, representing about 50% of the total non-oil revenues estimated at between 16 and 17 trillion dinars, with the possibility of these revenues rising to 18 trillion dinars by the end of the year.
Saleh explained to Al-Sabah that these indicators reflect a gradual shift in the structure of public revenues away from total dependence on oil, as the government aims to raise the contribution of non-oil revenues to about (20%) of total public revenues, compared to less than (10%) in previous years.
The Ministerial Council for the Economy approved a package of decisions related to reducing spending and maximizing revenues, during an extraordinary meeting held on Monday, chaired by Prime Minister Mohammed Shia Al-Sudani.
The Council decided to equalize the salaries and allowances of all employees of the Presidency and the Parliament with those of the Prime Minister’s office. It also tasked the specialized committee within the Ministry of Planning with urgently updating the report on unifying the salary scale for employees, in accordance with the recommendations submitted on this matter. As part of the spending reduction measures, allowances for official travel for government employees were cut by 90%, and travel is now prohibited except in cases of necessity and with the approval of the relevant minister.
On the sidelines of the fifth regional conference of the Al Baraka Forum for Islamic Economics held in Cairo, the Governor of the Central Bank, Dr. Ali Al-Alaq, confirmed that Iraq has succeeded in reducing the inflation rate to about (1%), and increasing the size of foreign reserves, while maintaining the stability of the exchange rate, despite the fact that public finances depend on oil by more than (90%).
Iraqi Dinar Update: Militia Man Sees Regional Redenomination Signals Across Iraq, Iran & Syria
New commentary from Militia Man brings attention to what he believes are coordinated currency reform signalsemerging across the Middle East—specifically involving Iraq, Iran, and Syria, three countries with deep trade and economic ties.
Rather than viewing Iraq’s monetary reform in isolation, Militia Man suggests a regional framework that aligns redenomination efforts and digital settlement systems to support modernized cross-border trade.
⚠️ Editorial Disclaimer
This article summarizes opinions and interpretations attributed to Militia Man. These views are not official confirmations. Content is for informational purposes only and should not be considered financial advice. Always consult qualified professionals and official sources.
Coordinated monetary adjustments would reduce friction in regional trade
From this perspective, alignment is strategic, not accidental.
🔢 Redenomination Signals by Country
🇸🇾 Syria
Public discussion of removing two zeros
Timeline referenced: December 2025
🇮🇷 Iran
Has already executed a four-zero removal
Aimed at simplifying transactions and accounting
🇮🇶 Iraq
Longstanding discussion of removing three zeros
Part of broader banking and monetary reform
Militia Man views these steps as post-conflict financial normalization, designed to “clean house” and modernize outdated currency structures.
💱 Tokenized Trade & Digital Settlement
Militia Man frames these reforms using modern financial language, suggesting:
Streamlined currencies
Tokenized, digital cross-border flows
Compatibility with new payment infrastructures
“This is the language the new era is talking about…”
In his view, the goal is seamless trade, not political theater.
🌐 A Managed Global Revaluation Cascade?
Militia Man characterizes the broader picture as:
“A managed global revaluation cascade”
Key ideas include:
Multiple countries adjusting currencies in coordination
Avoiding shocks to trade and markets
Creating interoperability between systems
“This isn’t a solo fireworks show… it’s coordinated.”
⚠️ This interpretation reflects opinion, not official policy announcements.
🏦 Central Bank Independence: A Critical Point
Militia Man emphasizes an often-overlooked reality:
The Central Bank is independent of the government
Exchange rate decisions are not political announcements
Officials will not publish dates or rates in advance
“They’re not going to tell you the date and the exchange rate.”
This aligns with standard global central banking practice.
⏱️ Timing & Synchronization in a Digital Environment
According to Militia Man:
Central bank leadership has authority to adjust rates
In a digital financial environment, changes must be:
Synchronized
Technically ready
Regionally compatible
“In this digital environment he has to do it in sync.”
From this standpoint, timing is technical, not emotional.
❓ Q&A – Featured Snippets
Are Iraq, Iran, and Syria coordinating currency reform?
Some commentators believe so, citing parallel redenomination discussions, but no official joint announcement exists.
What is redenomination?
Redenomination simplifies a currency by removing zeros without changing real value.
Does central bank independence matter?
Yes. Central banks operate separately from governments and do not pre-announce rate changes.
Is this part of a global revaluation?
That interpretation remains speculative and unconfirmed.
📌 Featured Insight
Militia Man suggests Iraq’s monetary reform may align with redenomination efforts in Iran and Syria, pointing to a possible regional approach to modernized, digital trade systems.
🧭 Final Thoughts
Whether viewed as coincidence or coordination, the regional pattern Militia Man highlights raises an important point: currency reform does not happen in a vacuum.
Trade partners, technology, and financial infrastructure matter. While official confirmation remains absent, the direction toward modernization and synchronization is clear.
Isn't it interesting Syria and Iran are talking about re-denominating in lockstep with Iraq? Is that a coincidence? I don't think so. They're some of the largest trading partners.
They're openly talking about it...Syria confirms 2 zeros removal in December 2025...Iran executed 4 zeros. These post-conflict outlines are cleaning house together... Streamlining currencies for seamless cross-border tokenized flows.
This is the language the new era is talking about...A managed global revaluation cascade. That's what I think is happening. This isn't a solo fireworks show...Its coordinated tokenized cascade tying Iran, Iraq and Syria and dozens more.
The Central bank is independent of the government.
We're not talking about politics...They're not going to tell you the date and the exchange rate...There's no bearing whatsoever on Alaq and the gatekeepers to be able to adjust an exchange rate. Alaq can do it whenever he feels like it. But...in this digital environment he has to do it in sync...The outlook is good as far as I'm concerned...
THE WORN-OUT CURRENCY IS A PROBLEM THAT IS WORSENING WITHOUT SOLUTIONS
“No one will take it from me,” Zainab al-Khafaji (an employee) kept repeating as she wandered among the shops near Sayed al-Halib in the Mansour district, before we asked her: “What is it that no one will take from you?” She replied: “Five thousand dinars torn up and glued back together.” She added: “I don’t know who gave it to me when I was shopping, and I tried to buy something with it again, but everyone refused it.”
Al-Khafaji’s situation is like that of many citizens who suffer from the difficulty of making purchases with worn-out currency, unlike what happens, for example, in the Kurdistan Region of Iraq or neighboring countries.
Omar Sami (a vegetable seller) says: “I suffer from this problem every day, whether when taking money from customers or returning the change to them.”
He added that many shoppers get angry when he refuses to take or return worn currency, and the most common phrase is: “What am I going to do with it?” or “It’s not working, exchange it.”
Financial expert Thamer Al-Azzawi says: “The reason for not trading them is the difficulty of exchanging them, as one has to go to government banks and wait and go through other routine procedures.”
He added that “the solution to ending this phenomenon is to reach an agreement with exchange offices to exchange them with citizens, granting them facilities and privileges, or to resort to updating the currency as happened in many European and other countries, where plastic materials were used when printing.”
“The currency.”
Regarding the possibility of electronic payment as an easier alternative, Al-Azzawi said: “It is too early to say that electronic payment can replace cash. Yes, the experiment has been very successful thanks to the current government, but a large part of the citizens are still not confident in it and believe that cash is better and more reliable, even though the opposite is true.”
According to the Central Bank of Iraq, damaged banknotes can be replaced without penalty if the banknote is worn or damaged even if it is not torn and no parts are missing; if the banknote consists of two parts (with different serial numbers) and its area is similar to that of the original banknote and it is held together with adhesive tape; if the banknote is held together with one or more pieces of transparent adhesive tape along its length or width; if the banknote has a cut in more than one corner; if the banknote has a printing defect (in terms of design, size, color, or other security features that are present on genuine banknotes); if it contains stamps or writing that do not affect its external appearance; or if the banknote is missing less than
50% of its area.
However, the Central Bank confirmed the confiscation of damaged banknotes unfit for circulation if the banknote’s exterior has been altered by writing, drawing, printing, stamps, or if it contains adhesive material, or if the banknote has lost 50% or more of its area, or if it consists of two parts on one side. In the event that there is evidence that satisfies the Central Bank that the missing parts of the banknotes have been completely destroyed, they will be partially or fully compensated.
Completely. For his part, Subhi Hussein (a bus driver) says: “I have accumulated a lot of small denominations of 1000, 500 and 250 dinars, most of them damaged or with writings and other things on them.”
He added that many people pay with it under the pretext that they have no other, “which forced me to exchange it, but for a smaller value, because it is difficult to buy with it or exchange it at banks, as most banks refuse to accept it.”
New commentary from Bruce adds to the ongoing discussion surrounding the Iraqi Dinar (IQD), focusing on redemption centers, the possibility of contract rates, and anticipated timing for notifications and exchanges as the holiday season approaches.
As with all such updates, this report summarizes claims and expectations while clearly distinguishing them from verified information.
⚠️ Bruce Disclaimer
All statements are opinions and interpretations shared by Bruce and related sources. This content is for informational purposes only and should not be considered financial advice. Always consult qualified professionals before making financial decisions.
According to Bruce, individuals who exchange at redemption centers only may have the opportunity to ask for a contract rate on the Iraqi dinar.
Key points from his comments include:
Contract rates would not be available at standard banks
Redemption centers are described as the exclusive venue
The contract rate is characterized as significantly higher than standard expectations
Bruce stated that this arrangement was orchestrated previously and is intended to benefit participants who qualify for redemption center exchanges.
“When you go to the redemption center only, you'll be able to ask for the contract rate on the dinar…”
⚠️ Important: Contract rates are not officially confirmed by central banks or governments and remain speculative.
🕰️ Timing Expectations: Before or After Christmas?
Bruce also addressed anticipated timing for notifications and exchanges, citing information allegedly passed along from a redemption center leader.
The timing window suggested includes:
Three to four days before Christmas
Or two to three days after Christmas
Potentially falling within this coming weekend or shortly thereafter
“Hopefully that is correct, and maybe we get something sooner rather than later…”
These estimates reflect expectations, not guarantees.
🎄 Holiday Hope & Community Sentiment
Bruce emphasized maintaining faith and patience, expressing hope that exchanges could occur before Christmas, while acknowledging uncertainty.
This sentiment mirrors the broader community mood:
Optimism for near-term progress
Realism about timing variability
Focus on staying grounded and prepared
🧠 Context: Understanding Redemption Center Narratives
Redemption center discussions commonly include:
Special appointment-based exchanges
Additional services or options
Claims of higher or negotiated rates
However:
No official institutions have publicly confirmed these processes
Such information remains community-based and anecdotal
Readers are encouraged to verify all details through official channels if and when notifications occur.
❓ Q&A – Featured Snippets (Google Discover Optimized)
What is a contract rate on the Iraqi dinar?
A contract rate is described as a negotiated or special rate allegedly available only at redemption centers. It is not officially confirmed.
Are redemption centers different from banks?
According to community claims, yes—but no official confirmation exists regarding their structure or availability.
Is there a confirmed RV date before Christmas?
No. Timing estimates are speculative and based on unverified sources.
Should people expect notifications soon?
Some expect near-term notifications, but there is no official confirmation.
📌 Featured Insight for Google Discover
Bruce suggests redemption centers may offer contract rates for the Iraqi dinar and cites expectations for notifications around Christmas, though no official confirmation exists.
🧭 Final Thoughts
Bruce’s comments reflect hopeful expectations shared by many in the dinar community during the holiday season. While optimism remains high, it is essential to separate belief-based projections from verified financial events.
Preparation, patience, and discernment remain key.
...when you go to the redemption center only, you'll be able to ask for the contract rate on the dinar, which is quite good... President Trump has already orchestrated that for us some time ago. That is an excellent, excellent, crazy, high rate.
...we have heard from...a redemption center leader, and he was passing on the information that we should have our notifications and exchanges, either...three or four days before Christmas. That brings us to...this coming weekend...or two or three days after Christmas...
Hopefully that is correct, and maybe we get something sooner rather than later...So we're going to stay in faith for this to happen for us before Christmas...
MONETARY POLICY INDICATORS CONFIRM THE CENTRAL BANK WILL BE FIRST IN 2025
By Samir Al-Nassiri
In countries that adopt an institutionally managed economic system, each institution retains its independence and authority to manage economic affairs according to the methodology and philosophy that aims to achieve economic stability and the well-being of society.
Therefore, central banks receive special attention in most countries of the world as the sovereign and prudent economic institution concerned with achieving the above goal through the application of monetary policy tools and the realization of its objectives.
With the approach of the end of 2025 and the beginning of 2026, and following a review and analysis of the policies, programs, and procedures implemented by the Central Bank of Iraq in 2025—a year of political and economic challenges and crises, and numerous changes at the global and regional levels, which negatively and positively impacted the Iraqi economy—the Central Bank demonstrated its wisdom and efficiency in overcoming challenges and moving forward to achieve its objectives set for the next three years.
It also proved to be the leading economic institution in 2025. On this occasion, we must appreciate the outstanding efforts made by the specialized administrative and technical leaders and distinguished employees of the Central Bank who contributed effectively to the implementation of what was stated in the government program in Axis 12 (Financial and Banking Reform) during the years (2023-2025) and the Central Bank’s third strategy and the comprehensive banking reform project.
The launch of the financial inclusion strategy, the promotion of digital transformation, the activation of electronic payments, and the strengthening of cybersecurity. The Central Bank was able to achieve economic growth and stability in extremely complex economic, security, and political conditions, and was able to implement developmental, structural, and technological policies and programs, and take numerous measures in cooperation with the government to regulate foreign trade financing, control foreign transfers, integrate into the global financial and banking system, comply with international standards, and move to the electronic platform.
Achieving the main and sub-goals of its third strategy and starting to implement the comprehensive banking reform project according to the paths drawn up in cooperation with the global consulting firm Oliver Wyman to enable the banking sector to grow and develop and to be a solid, comprehensive, modern and flexible sector that works hard to build a rapidly growing national economy, contributes to development and investment, creates a cumulative increase in the gross domestic product, provides one million job opportunities for the unemployed, raises the market value of the private banking sector and achieves rewarding and sustainable returns for its investors. In addition to increasing foreign investment and achieving growth in financial inclusion, financing and deposits.
Analysis of monetary policy indicators as of the third quarter of 2025 indicates the building of foreign exchange reserves of around $100 billion. Gold reserves at the Central Bank recorded a significant growth rate of (64%), reaching a value of (27.552) billion dinars, equivalent to (173) tons during the same period, compared to a value of (16.817) billion dinars in the second quarter of 2024. The decrease in the issued currency contributed to a decrease in the inflation rate, which maintains the stability of the general price level, as the currency issued by the Central Bank recorded a decrease in the rate of (5.50%), reaching (99.681) billion dinars during the same period, compared to a value of (104.127) billion dinars in the second quarter of 2024.
The decrease in the inflation rate also indicates a decrease in the general price level, as inflation recorded a low rate of (76%), reaching (0.8%) compared to the second quarter of 2024, which reached (3.5%). This confirms that the Central Bank was able to build basic pillars for monetary and economic stability and achieve the most important objectives of monetary policy.
Therefore, I believe, with complete impartiality and transparency, that we should stand in respect for the efforts of the Central Bank and its distinguished staff who achieved the above.
informational and analytical, not financial, political, or legal advice.
Readers should rely on official sources and consult qualified professionals for any decisions.
⏰ The Claimed Timeline: “The Shift Began at 8 PM EST”
According to the post, the transition allegedly began:
December 1 at 8:00 PM EST
“Secure channels” reportedly signaled a prepared audience
Tier 4B was claimed to be contacted first, described as:
“Seed carriers”
“Humanitarian holders”
The “first wave”
These terms are commonly used in GCR-related online communities, though they do not correspond to recognized financial classifications.
🏦 QFS Activation: What Is Being Claimed
The post asserts that once notifications were sent:
The Quantum Financial System (QFS) “opened its gates”
Large sums of allegedly frozen or suppressed wealth began moving
The system is described as:
Unhackable
Fully transparent
Immune to corruption
It further claims the end of “shadow banking” and centralized financial control. No central bank or international financial authority has confirmed QFS activation.
🎉 Jubilee Narrative: Debt Erasure Claims
One of the most dramatic claims involves a financial jubilee, allegedly beginning December 1:
Mortgages erased
Student loans erased
Credit burdens erased
This is presented as a “clean slate” concept. ⚠️ No government or banking authority has announced mass debt cancellation of this nature.
☎️ Public Access & “800 Numbers”
The post further claims:
At 17:55 UTC, “public gates” widened
By 17:57:02, a “Reno mirror” confirmed release of the first 800 numbers
The timestamps are described as deliberate markers
These elements are commonly referenced in RV/GCR narratives, but remain unverified.
🗣️ Additional Claims: RV Certification & Military Movements
The message attributes further confirmations to figures often cited in alternative finance circles, stating:
“The RV is certified”
A “Monday launch” was “locked”
It also claims:
Global military repositioning
Alliance units positioned in multiple countries
Preparations for “extraction” of elites
⚠️ These statements have not been corroborated by independent or official sources.
🧠 Context: Why Messages Like This Circulate
Such narratives often emerge during periods of:
Economic uncertainty
Currency reform discussions
Geopolitical tension
High public interest in systemic change
They blend:
Hope-driven themes (jubilee, fairness)
Technical-sounding systems (QFS)
Urgent timelines
This combination can be emotionally compelling, but it requires critical evaluation.
❓ Q&A – Featured Snippets
Did a Global Currency Reset officially begin on December 1?
There is no official confirmation from central banks or governments supporting this claim.
Is the QFS live and operational?
No recognized financial authority has confirmed the existence or activation of a QFS.
Are debts being erased globally?
No. There are no verified announcements of mass mortgage or student loan cancellation.
Why do people believe these messages?
They often align with expectations of reform, fairness, and systemic change during uncertain times.
📌 Featured Insight
Claims circulating on Telegram allege a Global Currency Reset beginning December 1, but no official institutions have verified QFS activation, debt jubilees, or RV certification.
🧭 Final Thoughts
The message attributed to Mr. Pool represents a belief-based narrative, not confirmed policy or financial action. While it reflects widespread desire for reform and transparency, discernment is essential.
True systemic change is documented through:
Official legislation
Central bank announcements
Regulatory filings
Transparent implementation
Until then, these claims should be viewed as speculative commentary, not factual events.
PRIME MINISTER MOHAMMED SHIA’ AL-SUDANI CHAIRS A SPECIAL MEETING ON THE OIL AND GAS SECTORS
Prime Minister Mohammed Shia Al-Sudani chaired a special meeting on Wednesday concerning the oil and gas sectors, in the presence of the Ministers of Oil and Finance, a number of advisors, and senior staff from the Ministry of Oil and SOMO.
His Excellency affirmed the government’s intention to review the financial and economic aspects
and raise the efficiency of the Ministry of Oil’s sectors, as they are the main source of revenue for the state’s general budget.
The meeting discussed plans to develop crude oil production and exports, as well as efforts to achieve self-sufficiency and export petroleum products, and to determine the rates of local consumption.
The meeting addressed the localization of industries necessary for the oil sector, and the development of national capabilities in the public and private sectors in the fields of drilling, extraction, mechanical engineering, and others, in order to rely on national personnel in these aspects.
Iraqi Dinar Update: CBI Confirms Reform Completion Through 2025 & New Customs System Goes Live
Fresh insights from MarkZ (via PDK) point to a powerful confirmation coming directly from Iraqi sources: banking and monetary reforms spanning 2023 through 2025 are complete, with final implementation steps occurring right now.
Combined with the rollout of a new customs and cross-border payment mechanism, these developments suggest Iraq is entering the final operational phase of its long-planned monetary transformation.
⚠️ MarkZ Disclaimer
Please consider everything in this report as opinion and interpretation. Information is based on articles, discussions, and commentary. Always consult a professional before making financial decisions.
🏦 CBI Confirms Completion of Monetary Reform (2023–2025)
The article titled “Monetary Policy Indicators confirm Central Bank first in 2025” carries significant weight.
Banking integration demands international compliance
In short, the system cannot function properly under an outdated value.
👀 “Watch Things… It’s Happening Before Our Eyes”
MarkZ emphasized that these changes are not theoretical:
Systems are live
Infrastructure is operational
Policies are executing in real time
This is the difference between planning and implementation.
❓ Q&A – Featured Snippets
Has Iraq completed its monetary reform?
According to CBI indicators, reforms covering 2023–2025 are complete, with final banking steps finishing this month.
What is the new customs mechanism?
A banking-based customs collection and advance declaration system controlling cross-border money flow.
Why is this important for the dinar?
Customs, banking, and FX systems require an accurate and credible exchange rate to function correctly.
Is purchasing power expected soon?
Iraqi leadership has pointed to Q4 or early Q1 improvements.
📌 Featured Insight
Iraq confirms completion of monetary and banking reforms through 2025 while rolling out a new customs and cross-border payment system, signaling readiness for increased dinar purchasing power.
🧭 Final Thoughts
The conversation has shifted from “Are reforms coming?” to “They are executing them now.”
When banking systems, customs mechanisms, and monetary policy align, change becomes unavoidable.
As MarkZ said: Watch things. It’s happening before our eyes.
[via PDK] Article: “Monetary Policy Indicators confirm Central Bank first in 2025” This means they have all the access to banking and monetary reform for the years of 2023 to 2025. They are telling us that they have completed…in 23 and 24 and 2025…that they have completed this massive reform that is soley designed to lift the purchasing power of the dinar. They are telling us they will finish the banking reforms during the rest of this month.
[via PDK] Question: So will the dong still go at the same time as the dinar?
MarkZ: Most people believe it will. I still believe that.
Question: Whats your take on Sudani saying to the people of Iraq “Purchasing power within 4th quarter?”
MarkZ: I had not seen that comment…but he has made similar comments before, that this would happen in the 4th quarter of this year. I won’t be upset if it goes in the 1st quarter of next year because they are pushing hard…. There is a lot going on in Iraq.
Question: Anyone know what that new "mechanism" was that was implemented on dec 1?
MarkZ: It was a new customs collection system to run through Iraqi banks…they were postponing it until Dec 31/Jan 1 to complete the implementation…this was to change how money moves across borders. BUT... “Advance customs declaration comes into effect” They will be implementing pieces of it throughout the month. They want it to be fully up and running by Dec 31. IMO they have to have the new system done with a new value to be fully implemented. Watch things…its happening before our eyes.