🇮🇶🔥 IRAQ’S 2026–2029 GOVERNMENT PROGRAM: BANKING REFORM & MONETARY STABILITY TAKE CENTER STAGE! 💵🏦
📰 NEWS SUMMARY
Iraq’s Council of Ministers has approved the 2026–2029 Government Programme, covering 139 priorities across 14 key sectors, and has referred it to Parliament.
Among the major commitments are:
🏦 Reform of the state banking sector
💰 Establish a Supreme Council for Financial & Monetary Stability
💻 Launch a national digital transformation strategy
🧹 Strengthen institutional reform & anti-corruption
🚧 Unify and regulate border crossings
💼 Establish a Supreme Investment Council
⛏️ Expand non-oil investment and natural resources
🔥 WHY IS THIS IMPORTANT?
This is more than a general government plan. Several priorities directly involve the infrastructure needed for a modern financial and monetary system.
The combination of:
🏦 Banking reform
🧹 Anti-corruption
💻 Digital transformation
💰 Financial stability
💵 Monetary stability
could create a stronger institutional foundation for future monetary reforms.
💵 WHAT ABOUT “DELETE THE ZEROS”?
⚠️ The article does NOT specifically announce the activation of “Delete the Zeros,” a new exchange rate, or a dinar revaluation.
However, the creation of a Supreme Council for Financial and Monetary Stability, together with state banking reform, is particularly noteworthy.
A major monetary transition would logically require:
🔎 Greater financial transparency
🏦 Stronger banks
💻 Modern payment systems
💰 Monetary stability
🧹 Better control of illicit funds
🏛️ A clear legal framework
🔥 THE BIGGER PICTURE
Iraq is now putting economic, banking, institutional and monetary modernization into a formal 2026–2029 government framework.
And with 13 pieces of legislation identified as priorities, the legislative component deserves close attention.
👀 The big question now is whether any of those priority laws will directly address monetary reform or the “Delete the Zeros” project.
🇮🇶💵 No RV has been announced—but Iraq is clearly building and restructuring important pieces of its financial system.
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Iraqi Cabinet Approves Government Programme
By John Lee.
Iraq's Council of Ministers has approved the government programme for 2026-2029, covering 139 priorities across 14 key sectors, and referred it to the Council of Representatives in accordance with Article 38/First of the amended Council of Ministers Internal Regulations (No. 2 of 2019). The session was chaired by Prime Minister Ali al-Zaidi.
The 14 sectors covered by the programme are:
The programme also identifies 13 pieces of legislation as priorities. Key policy commitments include a comprehensive national institutional reform and anti-corruption programme, reform of the state banking sector, unification and regulation of border crossings, a national digital transformation strategy, and the establishment of a Supreme Investment Council and a Supreme Council for Financial and Monetary Stability.
Additional measures include consolidating security decision-making, expanding investment in non-oil minerals and natural resources, strengthening human rights frameworks, and developing leadership training programmes for women in government and political roles.
(Source: Prime Minister's Office)