🇮🇶📈 Iraq Strengthens State Control — A Positive Sign for the Iraqi Dinar?
Iraqi Prime Minister Ali al-Zaidi reaffirmed the government’s commitment to:
✅ Restrict weapons to the authority of the state
✅ Strengthen the rule of law
✅ Fight corruption
✅ Expand regional and international relations
✅ Reinforce Iraq’s sovereignty and stability
This is significant because stronger state control and improved security are key foundations for:
💰 Economic growth
🏦 Banking modernization
🌍 Increased international confidence
📊 Foreign investment
💵 Greater monetary stability
The move also signals that Iraq appears to be cooperating more closely with international expectations — especially regarding security, financial transparency, and institutional reform.
While this does NOT mean an immediate revaluation of the Iraqi dinar, it does continue building long-term economic fundamentals that could support:
🔹 A more stable dinar
🔹 Stronger financial infrastructure
🔹 Greater global integration
🔹 Potential future appreciation over time
For many observers, developments like these are viewed as another step toward a more stable and economically sovereign Iraq. 🇮🇶
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Al-Zaidi: We are Proceeding with the Project to Restrict Weapons to the State Control
Prime Minister Ali Faleh al-Zaidi affirmed on Thursday the government’s commitment to proceeding with the project, which has the support of the highest religious authority and stipulates that weapons be exclusively held by the state, and emphasized that the government wants the state to remain the sole entity authorized to possess weapons.
The Prime Minister’s Media Office said in a statement received by the Iraqi News Agency (INA) that “Prime Minister Ali Faleh al-Zaidi hosted a group of tribal sheikhs and dignitaries, exchanging greetings with them on the occasion of Eid al-Adha.”
“Al-Zaidi noted that tribes are the backbone of the state and its living history. They have played a significant role in resolving issues and problems, as they are the guardians of values and protectors of civil peace. They have been the first line of defense and have contributed to ending many conflicts and calls for division,” according to the statement.
Al-Zaidi reiterated the government’s commitment to the project, which has the support of the highest religious authority and stipulates that weapons be exclusively held by the state, while he stressed that “the government wants the state to be the sole entity authorized to possess weapons.”
“Al-Zaidi listened to the interventions and opinions of those present and expressed his pleasure at meeting this group of tribal sheikhs,” the statement continued.
“The Council of Tribes is a school for learning authentic values and principles,” Al-Zaidi stressed, calling for “reliance on three pillars: economic commitment, national belonging, and belief in the state,” because “Iraq needs unified voices during this critical stage to move the country forward.”
Al-Zaidi stressed that “the state alone must possess power; this is a decision, not an option,” emphasizing “the need to prevent the proliferation of weapons and their use in arbitrary practices and tribal conflicts.”
Al-Zaidi noted that Iraq is part of the international community, and we are committed to balanced relations, pointing to “efforts to establish an effective identity for Iraq and move away from centralized economic approaches by attracting international companies to invest.”
“We will not allow any extortion or obstruction of foreign companies operating in Iraq,” Al-Zaidi added, expressing his hope that “tribal sheikhs will play a greater role in addressing violations and protecting the country and its stability.”
“Iraq needs moderation in discourse and coexistence to secure the rights of its people,” he concluded.
https://ina.iq/en/politics/49102-al-zaidi-we-are-proceeding-with-the-project-to-restrict-weapons-to-the-state.html?utm_source=chatgpt.com