🇮🇶🔥 CBI DENIES PRINTING — BUT WHAT ABOUT THE PREPARATION?

 CHANNEL8

The Central Bank of Iraq has formally denied media reports claiming it has begun printing new banknotes with zeros removed, emphasizing that any currency overhaul must complete comprehensive legal and technical procedures before being announced to the public. Read more: https://channel8.com/english/news/6

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🇮🇶🔥 CBI DENIES PRINTING — BUT WHAT ABOUT THE PREPARATION?

📰 NEWS SUMMARY:
The CBI denies reports that it has already begun printing new banknotes with zeros removed. It says any currency overhaul must first complete all legal and technical procedures before an official announcement.

🔎 OUR ANALYSIS:
Notice what the CBI did NOT say: it did not say the “Delete the Zeros” project has been canceled or that preparations are not underway.

💡 MY OBSERVATION:
We recently heard about an estimated $250 million cost to print the new currency. Why calculate the cost of a project if there is no serious planning behind it?

Knowing the printing cost doesn’t prove implementation is guaranteed—but it strongly suggests the project has been technically studied and seriously considered.

👉 “We are not printing yet” is NOT the same as “we are not preparing.”

🇮🇶💵 The next question is: What legal and technical steps remain before printing can officially begin?

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