Saturday, December 27, 2025
Government Advisor: Current Revenues Cover Salaries And Basic State Requirements
Government Advisor: Current Revenues Cover Salaries And Basic State Requirements
Friday, December 26, 2025 19:57 | General Number of views: 177 Baghdad / NINA / The Prime Minister's Financial Advisor, Mazhar Muhammad Salih, confirmed on Friday that current public revenues cover the state's basic needs, primarily salaries. He also indicated that the government is moving towards controlling spending and maximizing non-oil revenues to achieve financial sustainability.
According to the official news agency, Salih stated, "Current public revenues cover the state's basic needs, primarily salaries, pensions, and social welfare expenditures, which total approximately eight trillion dinars monthly."
He explained that "these obligations, despite their importance and being a top priority that must be paid, constitute only a portion of the overall financial burden. Other obligations must be paid, including public debt servicing, outstanding arrears, and expenses for managing vital logistical aspects within the operational budget, in addition to spending on investment projects related to essential services."
He added, "Fiscal sustainability necessitates controlling public spending, reviewing and auditing it according to spending efficiency standards and priorities, while simultaneously maximizing non-oil revenues. This ensures that required expenditures are met in a stable and sustainable manner, independent of the cyclical fluctuations in oil revenues."
He emphasized that "the recent Cabinet decision establishes a new phase in fiscal policy management, known as the concept of fiscal consolidation. This approach aims to gradually reduce the fiscal deficit in the short term and solidify fiscal discipline in the long term, in addition to developing a phased strategy to reduce the public debt balance."
He pointed out that "this path is a fundamental pillar for achieving the constants of fiscal sustainability and strengthening the resilience of public finances, thus ensuring the state's ability to meet its social and economic obligations while maintaining the overall stability of the national economy." https://ninanews.com/Website/News/Details?Key=1268643
Frank26 Video Summary: Iraq Nears Government Formation and a New Dinar Exchange Rate
Frank26 Video Summary: Iraq Nears Government Formation and a New Dinar Exchange Rate
Frank26 CC Video Summary: Why December 29–31 Could Be Critical for Iraq
In his latest CC video, Frank26 delivers a wide-ranging update on Iraq’s political, economic, and monetary landscape, blending spiritual reflection with in-depth commentary on the Iraqi dinar, government formation, and expectations for a new exchange rate.
The central message is clear: December 29th through December 31st represents a pivotal window for Iraq, where politics, security, and monetary reform converge.
Spiritual and Personal Opening: Setting the Tone
Frank begins with a prayer and reflections on Christmas, gratitude, and blessings for families, children, and vulnerable people worldwide. He highlights the spiritual significance of Jesus’ birth and ties these reflections to unity, responsibility, and hope—values he later connects to Iraq’s future stability.
Iraqi Political Developments: Government Formation Accelerates
Kurdistan, Baghdad, and the HCL
A Kurdish delegation has met with Shiite and Sunni leaders in Baghdad to advance discussions on:
Passing the HCL (High Commission Law)
Implementing Article 140, which addresses disputed territories and census issues
These steps are widely viewed as prerequisites for political stability and monetary reform.
Coordination Framework and Security
The Coordination Framework, associated with Prime Minister nominee Sudani, is pushing to:
Accelerate the naming of the Prime Minister
Limit militia weapons to stabilize Iraq internally
Security remains a non-negotiable condition for international confidence.
Presidential Decree: Parliament to Sit on December 29
A presidential decree has officially ordered Parliament to convene on December 29th to:
Elect the Speaker of the House
Begin legislative sessions
Advance government formation
Frank26 and his correspondent Omar emphasize that this is not symbolic—it is a direct command that must be obeyed.
Monetary Reform: Exchange Rate and Lower Denominations
December 29–31: A Speculated Window
Frank highlights this timeframe as crucial for:
Voting on the HCL
Naming the Prime Minister
Advancing monetary reform
Potentially introducing lower denomination banknotes
These actions together would signal readiness for a new Iraqi dinar exchange rate.
Exchange Rate Rumors vs Reality
There has been speculation that the dinar could move toward parity with the US dollar, with rumors of a rate near $0.85 per dinar (15% parity).
However:
The Central Bank of Iraq (CBI) has denied this
Frank attributes these rumors to misinformation linked to Maliki’s faction
➡️ Key takeaway: Ignore rumors. Watch official actions.
The Role of the United States and “Mark”
A key US emissary, referred to as “Mark”, is expected to arrive in early January. Frank suggests:
Mark represents US approval and authority
He may bring the “football” — symbolic of authorization or funding
This includes potential arrangements to pay militias to disarm
Frank links this influence to Donald Trump’s legacy networks, emphasizing US involvement as decisive.
Political Controversies: Maliki’s Role
Frank26 is highly critical of Maliki’s faction, accusing it of:
Spreading false information
Attempting to claim credit for reforms
Acting as an obstacle rather than a solution
Regional powers such as Saudi Arabia, UAE, and Dubai, along with the broader international community, reportedly oppose Maliki’s return to influence.
Iraq’s Economic Strength: Supporting a Stronger Dinar
Despite political noise, Iraq’s economic fundamentals remain strong:
Iraq–China trade: ~$58 billion
November oil exports: Over 106 million barrels
UNAMI cooperation framework: Signed through 2029 for sustainable development
These figures support Iraq’s capacity to sustain meaningful monetary reform.
Practical Advice for Iraqi Dinar Investors
Frank26 shares practical guidance for currency buyers:
He is a registered agent with a licensed broker
Buyers must provide:
Full contact details
Proper identification
Payment must be completed within 48 hours
Upon delivery:
Verify the currency
Keep receipts
Store banknotes securely
Frank firmly discourages calls asking about exact revaluation timing, stressing he offers opinions—not financial advice.
Timeline: December 2025 – Early January 2026
| Date | Event | Notes |
|---|---|---|
| Dec 25, 2025 | Christmas reflections | Spiritual opening |
| Dec 29, 2025 | Parliament convenes | Speaker election, legislative session |
| Dec 29–31, 2025 | HCL vote & reform progress | Possible exchange rate steps |
| Early January 2026 | Arrival of “Mark” | US authorization expected |
| Early Jan 2026 | Potential rollout | Exchange rate & lower notes |
Key Definitions Explained
HCL: High Commission Law, tied to governance and reform
Article 140: Constitutional article on disputed territories
Parity: Equal value between currencies
Coordination Framework: Political bloc supporting Sudani
Lower Denominations: Smaller IQD notes needed post-reform
Q&A: Frank26 Iraq Dinar Update
Q: Is a new Iraqi dinar exchange rate guaranteed by December 31?
A: No. Frank emphasizes that while the window is critical, only official announcements confirm changes.
Q: Why is December 29 so important?
A: Parliament must convene to form government leadership and advance laws tied to monetary reform.
Q: Are rumors of $0.85 per dinar credible?
A: No. The CBI has denied them, and Frank labels them misinformation.
Featured Snippet Highlights
“December 29–31 is viewed as a decisive window for Iraq’s government formation and monetary reform.”
“Frank26 stresses that security, HCL passage, and international consensus are prerequisites for a new Iraqi dinar exchange rate.”
Final Thoughts
Frank26’s message blends cautious optimism with realism. Iraq appears closer than ever to aligning its political structure, security framework, and monetary policy—but success depends on actions, not promises.
Investors are urged to stay grounded, informed, and patient as events unfold.
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FRANK26 CC VIDEO SUMMARY
This video, presented by Frank 26, focuses primarily on the current political and economic developments in Iraq, especially concerning the Iraqi dinar and expectations for a new exchange rate. The content blends a spiritual introduction with detailed commentary on Iraqi government activities, monetary reform prospects, and practical advice for investors interested in the Iraqi dinar.
Key Themes and Insights
Spiritual and Personal Opening:
- Frank opens with a prayer and reflections on Christmas, expressing gratitude and invoking blessings for various vulnerable groups globally.
- He acknowledges the significance of Jesus’ birth and ties this into family celebrations and personal reflections.
Iraqi Political Developments:
- A delegation from Kurdistan has met with Shiite and Sunni leaders in Baghdad to discuss passing the HCL (High Commission Law) and implementing Article 140, which relates to disputed territories and census issues.
- The Coordination Framework (linked to Prime Minister nominee Sudani) is pushing to speed up the naming of the Prime Ministerand aims to limit militia weapons for Iraq’s stability.
- The presidential decree calls for Parliament to convene on December 29th to elect the Speaker of the House and start legislative sessions, seen as a critical step toward forming a government and advancing monetary reform.
Monetary Reform and Exchange Rate Speculation:
- Frank and his correspondent Omar speculate that the period December 29th to 31st is pivotal for:
- Voting on the HCL.
- Establishing a new exchange rate for the Iraqi dinar.
- Possibly introducing new lower denomination banknotes.
- There is a suggestion that the Iraqi dinar might move toward parity with the US dollar, with some rumors about reaching within 15% of the dollar (~0.85 USD per dinar), although this is denied by the Central Bank of Iraq (CBI) and attributed to misinformation spread by Maliki’s faction.
- The arrival of a key US emissary, referred to as “Mark”, likely linked with Donald Trump’s influence, is seen as crucial to approving and implementing the monetary reform. Mark is expected to arrive in early January, potentially bringing the “football” (symbolizing authority or funding) necessary to finalize deals, including paying militias to lay down arms.
- Frank and his correspondent Omar speculate that the period December 29th to 31st is pivotal for:
Political Controversies:
- Maliki’s faction attempts to claim credit for monetary reform efforts but is widely viewed as obstructive and spreading false information.
- The international community’s consensus is deemed vital for approving the Prime Minister, with regional players like Saudi Arabia, UAE, and Dubai reportedly opposing Maliki.
Economic and Trade Highlights:
- Iraq’s trade with China reached approximately $58 billion, making China a top trading partner.
- November oil exports totaled just over 106 million barrels, underpinning Iraq’s economic strength.
- The Iraqi government signed a multi-year cooperation framework with the United Nations Mission (UNAMI) for sustainable development through 2029.
Practical Advice on Iraqi Dinar Investment:
- Frank is a registered agent with a licensed broker for Iraqi dinar and other currencies such as Vietnamese dong and Indonesian rupiah.
- He emphasizes the importance of a formal process for purchasing dinars:
- Buyers must provide full contact details and identification.
- Payment must be made directly to the broker within 48 hours to guarantee the order.
- Upon delivery, customers should verify the currency, keep receipts, and securely store the banknotes.
- Frank discourages phone inquiries about speculative questions (e.g., exact timing of revaluation), stressing he cannot provide investment advice but shares opinions publicly.
Additional Personal and Miscellaneous Content:
- Frank shares brief gardening insights, showing different types of grow lights and flowers thriving indoors during winter.
- He thanks a friend for sending gifts and memorabilia.
- There is lighthearted sports banter about the Minnesota Vikings beating the Detroit Lions, linked metaphorically to football “fumbles.”
Timeline of Key Events (December 2025 – Early January 2026)
| Date | Event/Development | Notes |
|---|---|---|
| Dec 25, 2025 | Christmas celebrations; spiritual reflections | Frank prays and reflects on Christmas meaning |
| Dec 29, 2025 | Iraqi Parliament scheduled to convene by presidential decree | Elect Speaker of the House; initiate legislative session |
| Dec 29–31, 2025 | Expected voting on HCL, naming Prime Minister, monetary reform progress | Speculated window for new exchange rate announcement and introduction of lower denomination notes |
| Early January | Arrival of US emissary “Mark” linked with monetary reform authorization | Mark expected to bring approval and resources for monetary reform |
| Jan 1, 2026 (or first week) | Anticipated effective date for new exchange rate, monetary reforms, and lower notes rollout | Post-holiday timing expected for reforms to go live |
Quantitative Data and Comparisons
| Indicator | Value | Context/Source |
|---|---|---|
| Iraq-China Trade | ~$58 billion | Iraq’s major trading partner |
| November Oil Exports | >106 million barrels | Supports Iraq’s economic base |
| Rumored Iraqi Dinar Rate | ~0.85 USD per 1 dinar (15% parity) | Rumor denied by Central Bank of Iraq (CBI) |
| Current Iraqi Dinar Rate | ~0.00763 USD per 1 dinar | Approximate current exchange rate |
Key Definitions and Terms
| Term | Definition/Explanation |
|---|---|
| HCL | High Commission Law, a significant legislative act related to governance and monetary reform in Iraq. |
| Article 140 | Iraqi constitutional article addressing disputed territories and census-related issues. |
| Coordination Framework | Political coalition supporting Prime Minister nominee Sudani and government formation efforts. |
| Parity/Parody | Parity means equal value; “parody” used in transcript likely means “parity” – one-to-one exchange rate. |
| Mark | US envoy/delegate linked to monetary reform and political negotiations in Iraq, representing US interests. |
| Militia Weapons Deal | Financial arrangement reportedly to pay militias to disarm, facilitating security and stability. |
Conclusions and Key Insights
- December 29th to 31st is a critical political and economic window for Iraq, with Parliament convening to elect leadership and potentially vote on key reforms.
- A new Iraqi dinar exchange rate is expected imminently, tied to the passage of the HCL and government formation; however, exact timing remains speculative.
- Official information is limited and often clouded by rumors, especially involving Maliki’s faction, which is seen as spreading misinformation to claim credit.
- US involvement, particularly via the emissary “Mark” and former President Trump’s influence, is pivotal in authorizing and facilitating the monetary reform.
- Iraq’s substantial trade and oil export figures underpin the country’s financial capacity to support a stronger dinar.
- Investors should exercise caution and follow formal purchasing procedures; speculative questions about timing cannot be answered definitively.
- The political process, including the election of a Speaker and Prime Minister, is intertwined with monetary reform and economic stabilization efforts.
- Security, stability, and international consensus are emphasized repeatedly as prerequisites for successful reform and investment confidence.
Additional Notes
- The video includes informal, personal commentary and humor but remains focused on conveying cautious optimism about Iraq’s economic future.
- Frank shares practical advice for currency buyers, emphasizing transparency, documentation, and formal processes.
- The speaker stresses that, despite public speculation, only official announcements and actions will confirm monetary changes.
This summary reflects all information supported by the video transcript without extrapolation or unsupported claims.
Judicial Council: The first session of Parliament must elect the President and his two deputies... and a warning
Judicial Council: The first session of Parliament must elect the President and his two deputies... and a warning
Zidane's meeting with the oldest speaker of parliament
The President of the Supreme Judicial Council, Dr. Faiq Zaidan, met with the oldest Speaker of Parliament, during which they discussed the constitutional requirements for holding the first session of Parliament, including the necessity of electing the Speaker of Parliament and his two deputies, while emphasizing the need to adhere to the constitutional texts and respect the legal deadlines, and warning against any contrary interpretation that is considered an explicit constitutional violation that may hinder the formation of the legislative and executive authorities.
The President of the Supreme Judicial Council, Judge Dr. Faiq Zaidan, received today, Wednesday, December 24, 2025, Member of Parliament Amer Al-Fayez, who will preside over the session of Parliament on December 29, 2025, as he is the oldest member.
The Speaker of the Council stressed the importance of respecting and applying the constitutional texts as they are stated in the Constitution and not interpreting the texts with baseless interpretations, as Articles (54 and 55) of the Constitution explicitly stipulate the election of the Speaker of the House of Representatives and his two deputies in the first session of the new Council, and any interpretation to the contrary is a clear constitutional violation that opens the door to other violations that hinder the formation of the legislative and executive authorities within the constitutional deadlines. link
FRANK26: Iraq 2026 Update: Presidential Decree Signals Government Formation and New Exchange Rate
Iraq 2026 Update: Presidential Decree Signals Government Formation and New Exchange Rate
Investors and analysts are closely monitoring Iraq as a presidential decree sets parliament to convene on December 29, 2025. This direct command signals a critical step toward forming the Iraqi government, finalizing the High Committee for the Dinar (HCL), and implementing a new exchange rate with lower-denomination banknotes.
Key Developments from Iraqi Leadership
Frank26 highlighted the significance of this move:
"Today you have a presidential decree for parliament to sit on the 29th. That's a very direct command. I believe they will obey. We should see your [Iraqi] government formed. We should see the HCL and we should see a new exchange rate. We should see the lower notes from the 29th to the 31st."
According to this timeline, anything short of these steps would be considered a failure, especially with scrutiny from international observers like Mark Savaya.
Sudani’s Vision for Iraq in 2026
Prime Minister Sudani recently made a bold statement:
"2026 must be the year of Iraq."
Analysts interpret this as a clear mandate for action, particularly regarding the Iraqi Dinar. Investors expect the following:
Formation of the new government and HCL
Implementation of a new exchange rate
Distribution of lower-denomination banknotes between December 29–31
As Frank26 commented:
"2026 must be the year for a new exchange rate or you're lying to yourself and to the citizens of Iraq, let alone the international community."
What This Means for Investors
Government Formation: A fully formed government and HCL provides the legal and structural framework for currency changes.
Exchange Rate Update: The new rate could pave the way for long-awaited Dinar revaluation.
Lower-Denomination Notes: Availability of smaller notes will signal the official start of zero removal.
Timeline to Watch
December 29, 2025: Parliament convenes to approve government and HCL.
December 29–31, 2025: Introduction of lower-denomination banknotes.
2026: Expected implementation of new exchange rate and currency stabilization.
Q&A: Iraq 2026 Dinar & Government Updates
Q1: When will the new Iraqi government be formed?
A1: Parliament is set to convene on December 29, 2025, and a new government and HCL formation is expected immediately after.
Q2: When will lower-denomination Dinar notes be released?
A2: Sources indicate distribution between December 29–31, 2025.
Q3: How does this affect investors?
A3: A new government, HCL, and exchange rate increase confidence in the Dinar, potentially supporting revaluation and currency stability.
Google Discover / Featured Snippet Highlights
“The Iraqi parliament will convene on December 29, 2025, to form the government and HCL, paving the way for a new exchange rate and lower-denomination banknotes.”
“Sudani declares 2026 must be the year of Iraq, signaling potential Dinar revaluation and economic stabilization.”
Stay Updated on Iraq Dinar News
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Frank26 Today you have a presidential decree for parliament to sit on the 29th. That's a very direct command. I believe they will obey. We should see your [Iraqi] government formed. We should see the HCL and we should see a new exchange rate. We should see the lower notes from the 29th to the 31st.
Anything short of that is a complete failure especially with Mark Savaya right after you're supposed to do that.
The Iraqi Gazette publishes the presidential decree calling for Parliament to convene on the 29th of this month
The Iraqi Gazette publishes the presidential decree calling for Parliament to convene on the 29th of this month.
The Ministry of Justice announced on Wednesday the issuance of the new issue of the Iraqi Gazette, which included Republican Decree No. (54) of 2025 regarding the invitation of the elected House of Representatives for the sixth session to convene on Monday, the 29th of this month, under the chairmanship of the oldest member.
The Ministry of Justice announced the issuance of the new issue of the Iraqi Gazette No. (4853), which included the publication of a presidential decree, two resolutions, and a number of instructions.
The Director General of the Iraqi Gazette Department, Ms. Haifa Shukr Mahmoud, said, “The issue included the publication of Republican Decree No. (54) of 2025, which included the invitation of the elected House of Representatives in its sixth session to convene on Monday, December 29, 2025, and the session shall be chaired by the oldest member.”
The Director General added, “The issue also included the publication of a decision issued by the Supreme Federal Court No. (235/Federal/2025) on 14/12/2025, in addition to the instructions for scientific promotions in the Ministry of Higher Education and Scientific Research No. (10) of 2025.”
She explained that “the issue also included the publication of the decision to amend the founding statement of the “Al-Rafidain General Company for Dam Implementation / one of the formations of the Ministry of Water Resources, along with the amended founding statement.” link
MNT GOAT: Iraq Dinar Update: Zero Removal & Militia Disarmament Insights
Iraq Dinar Update: Zero Removal & Militia Disarmament Insights
Investors are closely watching Iraq as December 29th approaches, with signs pointing toward major changes in the Iraqi Dinar (IQD). According to sources, including a CBI contact, the Central Bank of Iraq (CBI) may soon implement the long-anticipated zero removal and issue new lower-denomination banknotes.
What We Know About the CBI’s Plans
During a recent call, my CBI contact emphasized that news of the removal of zeros should already be circulating. This aligns with the upcoming release of newer, smaller denominations once the official trigger is pulled. The CBI is expected to update its website with pictures of these banknotes, signaling the official start of the transition.
Militia Movements and Investor Confidence
An article titled, “Savaya is Pleased with the Factions Movements and Stipulates a Complete and Irreversible Disarmament”, suggests positive progress on Iraq’s security front. As investors, concerns over local militias may soon be alleviated if these groups demonstrate good faith in disarmament.
However, caution remains. Statements alone do not guarantee outcomes, and the situation may evolve in the coming days.
Key Dates to Watch
December 29, 2025: Critical timeframe for potential zero removal.
CBI updates: Website may display images of new denominations once the process begins.
What This Means for Dinar Investors
Potential for Increased Confidence: If militias follow through on disarmament, the U.S. and other international entities may view this as a positive step.
Zero Removal Trigger: When executed, this could signal the start of the long-awaited currency revaluation.
New Denominations: Investors should watch the CBI for official images and announcements.
Q&A: Iraq Dinar Zero Removal
Q1: When will the CBI remove zeros from the Iraqi Dinar?
A1: Sources suggest the process may begin around December 29, 2025, but official confirmation comes from the CBI updates.
Q2: How will militia disarmament affect the Dinar?
A2: If militias demonstrate irreversible disarmament, it may increase investor confidence and reduce geopolitical risk, potentially supporting a stronger revaluation scenario.
Q3: Where can I check official updates?
A3: Visit the CBI website for official announcements and new banknote images.
Google Discover / Featured Snippet Highlights
“CBI expected to remove zeros from the Iraqi Dinar around December 29, 2025, with new lower-denomination banknotes soon after.”
“Militia disarmament in Iraq could increase investor confidence, supporting potential revaluation of the IQD.”
Stay Connected for Real-Time Updates
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Mnt Goat
My CBI contact...told me on my call...to Iraq that we will see articles about the removal of these larger three-zero notes and the swap out. She told me we already should have witnessed much recent news about the removal of the zeros and so pay close attention. She also said the CBI site will be updated with pictures of the newer lower denominations soon once the trigger is pulled to begin..
Article: “SAVAYA IS PLEASED WITH THE FACTIONS MOVEMENTS AND STIPULATES A COMPLETE AND
IRREVERSIBLE DISARMAMENT”
As investors our worries about these militias could be over...I believe that if these militias must show some sort of ‘good faith’ disarmament in the coming days...the U.S. might be satisfied with this mandate they have made to Iraq. Remember “Statements alone are not enough.”
However, we don’t know what will happen and December 29th is just a [few days] away. Personally, I also believe that the CBI wants to begin to conduct the removal of the zeros right around this timeframe and so we will see what happens.