Tuesday, February 24, 2026

MarkZ Report: QFS Rumors, Iraq Government Delays & Market Speculation

 Disclaimer: The following reflects opinion discussed on a recent MarkZ call — not official financial advice. Always verify information through credible sources and consult professionals before making financial decisions.

In this update, we’ll cover:
✔ QFS chatter and scam warnings
✔ Iraq’s ongoing political delays
✔ Rumors vs reality
✔ What people are saying — and what you need to know


QFS — Rumors, Reality, and Scams

One of the hottest topics on the call was the Quantum Financial System (QFS). Participants discussed whether QFS activation could happen this week — or if it’s already transmitting in the background.

Here’s what we know from independent sourcing:

🔹 There is no officially recognized “QFS” live today — no central bank, government, or major financial institution has publicly announced a functioning system replacing SWIFT or controlling global money. Genuine financial systems do not launch in secret. 

🔹 Claims about banks requiring QFS accounts or enabling access to funds through private platforms are major scam indicators. Experts warn repeatedly that QFS is often used as a lure by fraudsters. 

A call participant warned:

“Be careful — you cannot sign up for a QFS account now.”

That aligns with broader reports showing fake QFS sites, wallets, and agents asking for money or personal information. These are not connected to any verified financial system. 

Bottom line: There is no legitimate QFS account, signup process, or public deployment at this time.


So What Is QFS?

“Quantum Financial System” is a concept popular in online forums, envisioned as a future financial infrastructure using quantum computing and advanced technology. But in reality:

  • Legitimate quantum computing research is progressing, but its application to global finance is theoretical, not operational

  • Quantum computing poses cybersecurity implications, but using it as a live financial system is NOT supported by central banks or regulators. 

Conclusion: QFS as described in forums is predominantly rumor and marketing, not established infrastructure.


Iraq Government: Still Unfinished Business

Call members also discussed Iraq’s ongoing political deadlock — especially the stalled government formation and Maliki’s candidacy.

  • Iraq has not yet seated a president or prime minister, delaying critical governmental functions. 

  • The Makiki/Maliki situation continues to slow progress, and there’s no confirmed resolution yet. 

Political uncertainty in Iraq often carries over into economic and currency speculation — including how and when the Iraqi Dinar (IQD) might change status internationally.


March 1 “Clarity Act” Mention

One caller noted a “Clarity Act” expected by March 1 — but as of now, no official financial law called a “Clarity Act” tied to currency revaluation or financial systems like QFS has been announced by financial authorities or legislatures in the US.

Many such phrases circulate in investor communities without corresponding legislative documentation publicly accessible.


The “World Quantum Day” Reference

The group discussed April 14 as World Quantum Day — an actual international event celebrating quantum science and technology, unrelated to finance or QFS deployment. 

Quantum science is a legitimate scientific field; however, celebrating quantum computing doesn’t confirm financial system rollouts.


Common Questions from the Call — Answered

Q: Is QFS going live this week?

A: No credible evidence confirms a live, operational QFS. Many QFS narratives are speculative or tied to unofficial platforms.

Q: Do I need a QFS account to exchange currency?

A: No, there is no legitimate QFS account. Beware of any site or agent asking for money to create such an account.

Q: Could QFS replace SWIFT?

A: Not in the foreseeable future. Quantum computing has theoretical implications for finance, but no major central bank or regulator has announced such a system replacing SWIFT.

Q: What’s going on in Iraq?

A: Iraq continues political negotiations and delays — but there is no official announcement tying this directly to QFS or any financial reset.


Key Takeaways — Reality Check

📌 There’s no evidence QFS is fully activated.
📌 QFS account claims are linked to scams.
📌 Quantum financial concepts are theoretical, not deployed.
📌 Iraq’s political situation continues to be uncertain.

Maintaining skepticism and verifying through reputable financial news sources is essential — especially when discussions blend speculation, hopes, and rumors.


Featured Snippets / Quick Highlights

  • No official QFS accounts exist today.

  • QFS deployment is unverified and speculative.

  • Reports of QFS wallets/agents are likely scams.

  • Iraq political delays continue with no confirmed resolution yet.


Stay Informed With Trusted Updates

For ongoing, truth-based coverage of Iraq, financial systems, and larger economic developments, follow our platforms:

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Hashtags

#MarkZReport #QFS #IraqPolitics #DinarRV #FinancialNews #SWIFT #QuantumComputing #WorldQuantumDay #CurrencyUpdate #ScamAlert

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning all! Let’s have a great day

Member: do you think we will see the RV this week?

MZ: I don’t know if we will see it this week but, we have seen a lot of interesting things happening already. 

MZ: Eerily quit on the bond side though. I am surprised. I was expecting fireworks…but, may be I was premature. 

MZ: No updates yet on the QFS and the rumors it was going live today. I was really hoping to hear something positive on that front. They are claiming this is the week we will see it. 

Member: I thought the QFS was supposed to already be running parallel to the SWIFT system,,,,ready to take over????

Member: Mike B says Marks sources and his own agree that today is Qfs day

Member: April 14 is World Quantum Day. World Quantum Day is an annual celebration that promotes public awareness and understanding of quantum science and technology. It is an international event celebrated in April

Member: do we need to open QFS accounts to exchange in?

Mod. Be careful ….There are a lot of QFS scammers out there. You cannot sign up for one now 

MZ: There is no such thing as a QFS account  now. Don’t fall for it. The scams are unreal right now. 

Member: There is no such thing as a qfs account. The qfs is the operating system, run in the background of financial systems, replaces the old slow swift system

Member: Clarity act, should hit the desk by March 1

Member: Iraq is avoiding putting their government together

Member: They said they would have the Makiki thing over with last night….guess its not true

Member: When has Iraq ever done what they said they would?????

Member: They have to seat the President before they seat the Prime Minister. They are claiming they are pushing for a resolution in Iraq. I think they will soon remove Malikis candidacy. And Sudani is by far the most popular candidate with the Iraq people. 

Member: Iran is moving to extend its railway connection with Iraq and transform it into an international corridor.

 Member: I am less interested in IQD than i am Venezuela now ....with American control on their economy i believe in a VES revaluation to kick things off

Member: President Trump does the State of the union speech tonight

Member: IMO Tonight would be a great smoke screen for any event to take place.

Member: I hope we all have a good day….Stay positive everyone….the best is yet to come.

FIREFLY: SUDANI PROMISES TO ITS CITIZENS GIVE THEM PURCHASING POWER!! ‪

 

ASA’IB AHL AL-HAQ: 7 PARTIES WITHIN THE FRAMEWORK ARE DEMANDING THE WITHDRAWAL OF AL-MALIKI’S NOMINATION

 ASA’IB AHL AL-HAQ: 7 PARTIES WITHIN THE FRAMEWORK ARE DEMANDING THE WITHDRAWAL OF AL-MALIKI’S NOMINATION.

A member of the political bureau of the Asaib movement stated that there are 6 parties within the coordination framework who oppose the nomination of Nouri al-Maliki for the premiership, expecting that a seventh Shiite party will join the front of those demanding the withdrawal of the nomination tonight .

Al-Shihani said in a televised interview followed by Al-Sa’a Network: “I contacted 3 of the leaders of the framework who voted in favor of Al-Maliki at the framework meeting, and I found that they were very concerned about the recent threats, and they said frankly that they have a new opinion regarding Al-Maliki’s nomination .”

He continued: “Through calculations I made regarding those who reject al-Maliki’s nomination, starting with Sadiqun, I found 6 leaders who reject it, and I was told that there is a seventh who will join them tonight in the matter of withdrawing the nomination,” noting that “the American threats included imposing sanctions on the Ministries of Defense and Foreign Affairs, in addition to the Central Bank and SOMO .”

He pointed out that “the Kurds and Sunnis will not come to parliament to vote for a president who would task Maliki with the premiership, and today the respected Maliki is supposed to ‘fear God’ in his dealings with the Iraqis, and he is worthy of that .”

He asked: “Why do we condemn today the impact of the American decision on the Sunnis and Kurds, and not criticize the Shiites who are influenced by the blessing that comes from Iran?”


Frank26: Iraq Boots-on-the-Ground Report – Banking Expansion & CBI Memo Signal Preparation

 In today’s Frank26 Iraq boots-on-the-ground report, new developments are emerging from both inside Iraq and the United States that could signal significant financial positioning.

From JP Morgan’s massive US bank expansion to a new memo issued by the Central Bank of Iraq, the narrative appears centered around liquidity, banking infrastructure, and preparation for large-scale currency exchanges.

Let’s break it down clearly.


JP Morgan & Chase Expanding Across America

According to reports aired on Iraqi television, JPMorgan Chase plans to open 160 new banks in 30 American cities this year.

That’s not a minor move. That’s aggressive banking expansion.

Frank26’s interpretation suggests this may align with expectations of:

  • Increased currency exchange activity

  • Greater demand for financial services

  • Preparation for high-volume liquidity events

While JP Morgan’s expansion may have multiple business motivations, the timing has certainly caught the attention of currency watchers.


CBI Memo: No Discrimination Against Old or New US Dollar Notes

Inside Iraq, the Central Bank of Iraq (CBI) has reportedly sent a memo to domestic banks and financial institutions stating:

Do not discriminate against older or newer denominations of the American US dollar when exchanging dinar.

This is important.

Why?

Because it addresses confidence and uniform acceptance of US currency within Iraq’s banking system. It removes uncertainty about which notes are valid during exchange operations.


What Could This Signal?

Frank26’s opinion (IMO) frames this as preparation.

If a new rate were introduced:

Such an event would require:

  • Operational readiness

  • Staff training

  • Currency sorting systems

  • Clear compliance rules

The CBI memo could be interpreted as removing friction ahead of heavy exchange volume.


Banking Infrastructure & Currency Flow

Iraq has significantly expanded private banking institutions in coordination with the CBI in recent years. This strengthens:

  • Regulatory oversight

  • Electronic settlement systems

  • Anti-money laundering controls

  • International banking relationships

A large-scale exchange event would require exactly this kind of infrastructure.

Frank26 suggests that when the moment arrives:

“It’s going to be insanity… an amazing influx of people into the banks.”

Whether one interprets this as immediate or preparatory positioning, the coordination between banking systems is notable.


Q&A Section

Q: Why would JP Morgan open 160 new banks now?

A: Large banks expand based on long-term economic forecasts, population growth, and demand for financial services. Some observers believe it could also position infrastructure for higher exchange activity.

Q: Why is the CBI memo about old and new US dollar notes important?

A: It ensures all legal US dollar denominations are accepted equally, preventing confusion or refusal during exchanges.

Q: Does this confirm a new Iraqi dinar rate is imminent?

A: No official announcement has been made. The developments may indicate preparation, but confirmation would require formal CBI action.

Q: What happens if a new rate is introduced?

A: Historically, rate changes require structured banking coordination to manage liquidity and prevent instability.


Featured Snippets / Key Highlights

  • JPMorgan Chase plans to open 160 new banks in 30 US cities.

  • The Central Bank of Iraq instructed banks not to discriminate against older or newer US dollar notes.

  • Preparations may indicate readiness for significant currency exchange activity.

  • Banking infrastructure expansion supports potential liquidity events.


Why This Is Being Viewed as “Very Good News”

From a currency investor perspective:

  • Banking expansion = infrastructure readiness

  • CBI communication = procedural alignment

  • Uniform USD policy = smoother exchange operations

The combination suggests coordination — not chaos.

Preparation always comes before execution.


Stay Updated with the Latest Reports

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Hashtags

#Frank26 #IraqiDinar #CBI #JPMorgan #CurrencyExchange #DinarRV #BankingNews #Forex #MiddleEastFinance

Frank26  

 [Iraq boots-on-the-ground report]  

 FIREFLY:The TV is saying JP Morgan and Chase plan to open 160 new banks in 30 American cities this year.  FRANK:  For the same reason you have so many private banks linked up with the CBI, there's going to be a massive flow of currency exchanges. 


FIREFLY: On the television it is showing the CBI is sending to all the banks inside Iraq and financial institutions a memo that says, 'Do not discriminate against any older or new denominations of the American US dollar when they are exchanging dinar.' 

 FRANK: IMO I think it's just a preparation to tell the citizens of Iraq we've got a new rate coming and when you get it you got to bring in those 3 zero notes... those American dollars you're still using...and any other foreign currency... Because when it happens... you are going to pour into the banks... The moment this happens it's going to be insanity, it's going to be an amazing influx of people that are all over our banks.  They want the lower notes...This is very good news.

FIREFLY: The United States of America is totally supervising all financial transactions #iraqidinar

 

ON ONE CONDITION… MALIKI THREATENS TO WITHDRAW, AND AL-SHATRI TOPS THE LIST OF CANDIDATES TO SUCCEED HIM

 ON ONE CONDITION… MALIKI THREATENS TO WITHDRAW, AND AL-SHATRI TOPS THE LIST OF CANDIDATES TO SUCCEED HIM.

As the political deadlock continues to grip Iraq, new information and reports have revealed the conditions set by the leader of the State of Law Coalition, Nouri al-Maliki, in exchange for withdrawing his candidacy for the position of Prime Minister, coinciding with talk of intense international pressure to exclude him from the scene.

In this regard, Mahmoud al-Hayani, a member of the Coordination Framework, told Kurdistan24, “Nouri al-Maliki is prepared to withdraw his candidacy on one condition only: that the leaders of the Coordination Framework unanimously or by majority vote request him to do so.” Al-Hayani emphasized that al-Maliki has no intention of backing down under any external pressure, stressing that the decision remains contingent upon consensus within the Shia political bloc.

On the other hand, media sources reported that a new American message was sent to the leaders of the Coordination Framework last night, in which Washington clearly expressed its opposition to Nouri al-Maliki assuming the premiership again, stressing its categorical rejection of this option.

Should Maliki withdraw, political analysts suggest a shift in the chances of other candidates. Ali Fahd,

a member of the Hikma Movement, revealed that Hamid al-Shatri’s name is now being floated as the strongest alternative candidate. Fahd explained that “al-Shatri has the best chance because he enjoys wider acceptance and is less controversial both domestically and internationally.”

The information also indicates that Maliki’s withdrawal from the race may directly weaken the chances of candidate Mohammed Shia al-Sudani of obtaining the position, thus opening the door to entirely new options.

So far, the meetings of the coordination framework aimed at resolving the issue of the prime ministership are still suspended, without setting a date for them to be held soon, which reflects the depth of the divisions and internal disagreements among the Shiite forces regarding the personality of the next prime minister.

(bla, bla, bla, bla, bla…… lol….)


MNT GOAT: Critical Week in Iraq – Maliki Deadlock, US 7 Demands & Major Economic Shifts

 Iraq stands at a historic crossroads. Political gridlock surrounding Nouri al-Maliki, mounting US pressure, and major structural economic reforms are converging at the same time.

This could be one of the most pivotal weeks in modern Iraqi politics — and for those watching the Iraqi Dinar RV, the implications are enormous.

Let’s break it down clearly and factually.


Kurds and Sunnis Refuse to Back a Maliki Government

The Kurdish and Sunni blocs have made it clear:

They will not attend parliament to vote for a president who would appoint Nouri al-Maliki as prime minister.

This creates yet another constitutional and political roadblock. Without their participation, forming a government becomes nearly impossible.

Even within the Shiite Coordination Framework, internal dissent is growing. One striking quote from recent reporting asked:

“Why do we condemn the Sunnis and Kurds for being influenced by the American decision, and not criticize the Shiites who are sometimes influenced by Iran?”

This statement reveals the deep ideological divide at play. The debate is no longer just political — it is geopolitical, centered on whether Iraq aligns more closely with Washington or Tehran.


The US White House Issues 7 Official Demands

The White House has now escalated matters beyond rhetoric. Through diplomatic channels, Washington delivered an official letter outlining seven demands focused on reducing Iranian influence in Baghdad’s political and security institutions.

The message is clear:

  • Government formation is now part of the larger US–Iran regional contest.

  • Iraqi leadership must distance itself from sanctioned factions.

  • Continued Iranian influence could trigger severe consequences.

This is no longer speculation. It is formal diplomatic pressure.


Maliki’s Conditional Withdrawal

According to members of the Coordination Framework, Nouri al-Maliki

 is willing to withdraw — but only if the bloc formally requests it by majority or unanimous vote.

Publicly, he insists he will not bow to external pressure.

However, the reality is stark:

If the Framework refuses to replace him, they risk losing majority status altogether. Kurdish and Sunni absence would collapse their governing ability.

This week is considered critical. Yet broader Iran-related tensions may need resolution before a final political breakthrough occurs.


Is There Any Good News? Yes — Major Economic Reform

While politics remain turbulent, the economic reform story is far more encouraging.

2026 Public Finances Enter Implementation Phase

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed that Iraq’s 2026 public finances have entered the practical implementation phase under the amended Federal Financial Management Law No. 6 of 2019.

Key highlights:

  • Approximately 8 trillion Iraqi dinars per month allocated for salaries, pensions, and social welfare.

  • Oil revenues continue flowing steadily.

  • Mandatory expenditures are prioritized.

  • Liquidity management is now tightly regulated.

This reflects structured financial governance — something long encouraged by the International Monetary Fundduring consultation sessions.

The IMF repeatedly stressed that Iraq must diversify revenue sources beyond oil dependency. The fact that implementation has reached this phase signals serious progress.


ASYCUDA: The End of the 2003 Emergency System

One of the most significant reforms underway involves the implementation of the Automated System for Customs Data (ASYCUDA) system.

Government spokesman Bassem Al-Awadi stated:

  • The 2003-era emergency trade system is ending.

  • Trade is now digitally tracked and internationally supervised.

  • Customs and tariffs are strictly enforced.

  • Fake imports used to obtain US dollars are being eliminated.

  • Anti-money laundering compliance is strengthened.

This system is used in over 100 countries and is implemented under international and UN oversight.

Let’s be clear about what this means:

The currency auction era that enabled abuse is being dismantled.

Change is painful, especially for those who benefited from the old structure. But normalization is essential for:

  • WTO accession

  • Global trade integration

  • Financial transparency

  • Eventual currency reinstatement

Every step away from “sanctions-era mechanics” moves Iraq closer to full normalization.


The Sanctions Threat: More Severe Than 1991?

Now comes the warning.

Hoshyar Zebari, a leader within the Kurdistan Democratic Party, stated that the US has threatened sanctions potentially harsher than the 1991 embargo.

Targets mentioned include:

  • State Organization for Marketing of Oil (SOMO)

  • The Central Bank of Iraq

  • Dollar flows into the country

  • Ministries linked to sanctioned factions

The message from Washington:

The US will not finance or engage with any government that includes individuals tied to sanctioned or terrorist-designated groups.

If sanctions were imposed on SOMO or the Central Bank, the economic shock would be massive.

The question becomes:

Does Iraq want to risk reversing years of progress?


What This Means for the Dinar RV

Here’s the honest assessment:

  1. Political stability must come first.

  2. Iranian influence must be addressed.

  3. Economic reforms are progressing positively.

  4. Sanctions risk is real and cannot be ignored.

The economic groundwork is improving dramatically.
The political deadlock is the final obstacle.


Q&A Section

Q: Why are Kurds and Sunnis blocking parliament sessions?

A: They refuse to support a government that would reinstall Nouri al-Maliki as prime minister.

Q: What are the US 7 demands focused on?

A: Reducing Iranian influence in Iraq’s political and security structures.

Q: What is ASYCUDA and why is it important?

A: It is an internationally supervised customs tracking system replacing Iraq’s 2003 emergency trade system, improving transparency and compliance.

Q: Could the US really sanction Iraq’s oil or central bank?

A: According to statements from Hoshyar Zebari, those institutions were explicitly mentioned in US warnings.

Q: Is there positive progress economically?

A: Yes. Salary funding is secured, financial law implementation is active, and trade transparency reforms are advancing.


Featured Snippets / Key Highlights

  • Kurds and Sunnis refuse to support a Maliki-led government.

  • The US delivered 7 formal demands targeting Iranian influence.

  • Iraq’s 2026 public finances are officially in implementation phase.

  • ASYCUDA ends the 2003 emergency trade system.

  • US sanctions could target SOMO and the Central Bank.


Final Thoughts

Iraq is simultaneously experiencing:

  • Political confrontation

  • Geopolitical pressure

  • Structural financial reform

  • Trade system modernization

The outcome hinges on whether ideology or economic survival wins the debate.

The progress made over the past few years is real. The question is whether Iraqi leadership will protect it.


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Hashtags

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MNT GOAT

The Kurds and Sunnis will not come to parliament to vote for a president who would appoint Mr. Maliki as prime minister. This is yet another roadblock. 

This last part of the article also tells us the state of mind for many of these members of the Coordination Framework. I will quote from the article – “Why do we condemn the Sunnis and Kurds today for being influenced by the American decision, and not criticize the Shiites who are sometimes influenced and “enjoy” the blessing that comes from Iran?”  Again, they are basing their decision for Maliki on ideology and not common sense or past performance. This radical Islamic ideology is ruining the middle east.

😊The US White House also just sent through diplomatic channels (not a tweet) an official letter stating the seven demands concerning Iraq and the Iranian influence. Please see article titled “THE US 7 DEMANDS ON IRANIAN INFLUENCE IN BAGHDAD”. The letter places heavy emphasis on reducing Iranian influence in Baghdad’s political and security affairs amid ongoing US-Iran tensions and Iraq’s prolonged government formation process following the November 2025 elections.

The letter underscores how Iraq’s government formation has become a key arena in the larger US-Iran contest for regional dominance

😊Then we read there may be relief from the deadlock of this ongoing saga from the Maliki issue in another article titled ON ONE CONDITION… MALIKI THREATENS TO WITHDRAW, AND AL-SHATRI TOPS THE LIST OF CANDIDATES TO SUCCEED HIM”. As the political deadlock continues to grip Iraq, new information and reports have revealed the conditions set by the leader of the State of Law Coalition, Nouri al-Maliki, in exchange for withdrawing his candidacy for the position of Prime Minister, coinciding with talk of intense international pressure to exclude him from the scene.

In this regard, Mahmoud al-Hayani, a member of the Coordination Framework, told Kurdistan24, “Nouri al-Maliki is prepared to withdraw his candidacy on one condition only: that the leaders of the Coordination Framework unanimously or by majority vote request him to do so.” Al-Hayani emphasized that al-Maliki has no intention of backing down under any external pressure, stressing that the decision remains contingent upon consensus within the Shia political bloc.

On the other hand, media sources reported that a new American message was sent to the leaders of the Coordination Framework last night, in which Washington clearly expressed its opposition to Nouri al-Maliki assuming the premiership again, stressing its categorical rejection of this optio n.

Maliki presents himself as if he has a choice. The Coordination Framework is boxed in and has no choice but to let Maliki go or they will lose the majority block. We are hearing this is a critical week for this to be ironed out, however I believe this will not happen until the issues with Iran are also settled first by the US one way or the other.

______________________________

Is there any good news?

😊In the article titled “ADVISOR TO THE PRIME MINISTER: PUBLIC FINANCES FOR 2026 HAVE ENTERED THE PRACTICAL IMPLEMENTATION PHASE.” Attention is focused on revenue indicators and public spending patterns as the clearest measure of economic stability. With the continued flow of oil revenues, the issue of salaries has emerged as a top priority for a large segment of society, and assurances have been given that salaries are secured.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, stated that “public finances for 2026 have entered the practical implementation phase of the provisions of the amended Federal Financial Management Law No. (6) of 2019, which mandates securing monthly resources of the highest priority to cover mandatory expenditures, primarily employee salaries, pensions, and social welfare allocations, estimated at approximately (8) trillion Iraqi dinars per month.”

These obligations constitute the core of current social spending, necessitating meticulous liquidity management and strict regulation of spending priorities.

If you recall the results of many of the IMF consultation sessions with Iraq the top priority was for Iraq to expand their economy from sole oil revenues as a means of Public Financing, especially the monthly salaries, which we learn today again amount to 8 trillion dinars or almost 8 billion dollars. To me this news today is telling us that Iraq has achieved this goal or is very close to it. How did this occur?

😊We can also tie into the news in the article titled “NO TURNING BACK ON THE ASYCUDA… THE GOVERNMENT CALLS ON TRADERS TO ACCEPT THE NEW REALITY”to get some answers to what the Prime Minister’s financial advisor, Mazhar Muhammad Salih, has stated that “public finances for 2026 have entered the practical implementation phase in the last article. What do they mean when they say the 2003 system has ended” I think it is clearly explained in this article today. Yes, change is hard but Iraq must move on from the past 22 years since 2003. The system put in place since 2003 is over (referring to the currency auctions and the way trade was conducted) and I think this is the announcement that Salih is making in this article. Let’s take a peek at the highlights of the article as why we think this is the case. Now everything is strictly tracked, monitored and tariffs/customs applied. No more faking imports to get the dollar. Of course these money changers are going to be pissed off. You just took their livelihood away from them. It was also illegal…

I quote pieces from the article – “The Iraqi government called on Sunday (February 15, 2026) for those objecting to the implementation of the ASYCUDA system and customs tariffs to accept the new reality and comply with the law. Speaking on behalf of the government, spokesperson Bassem Al-Awadi explained that this system, which is implemented in more than 100 countries, will be applied in Iraq under international and UN supervision. He added that part of the ASYCUDA implementation is linked to Iraq’s international obligations in the areas of combating money laundering, currency and goods smuggling, and international trade.

The government spokesman stressed that “this system is not targeting a specific class, and the rumors that speak of a lack of liquidity in the Iraqi state and that is why it went towards this system are untrue. All of this is incorrect, because the process of trade, accounting and customs since 2003 was an arbitrary emergency process, and in the end, now this year or next year or after 3 years, everyone knows that these temporary matters must end and we must move towards the right things.”

Note that any movement in the direction away from the sanction mode of the past is a good mode. Iraq is getting normalized. Everyone of such movements brings them nearer to the accession to the WTO and to the Reinstatement.  

Now, having said all this good news let me present an article to you of what might happen to the Iraqi economy if the Iranian influence is not squashed in Iraq. Does Iraq really want this to happen with all the progress they have made? Just saying….

Here is the article titled “MORE SEVERE THAN THE 1991 EMBARGO… WHAT IS THE NATURE OF THE AMERICAN SANCTIONS THREATENING IRAQ?”Hoshyar Zebari, a leader in the Kurdistan Democratic Party, stated that the United States has threatened Iraq with sanctions even harsher than those imposed in 1991, including the SOMO company, the Central Bank, and other institutions .Zebari said in a televised interview followed by Al-Sa’a Network, “America has confirmed that it will not deal with any government that includes representatives of some factions listed on the terrorism or sanctions lists of the Treasury Department, and they will not deal with any government, even with ministries occupied by those affiliated with the factions .”

He added that “America has threatened sanctions against SOMO, the Central Bank, and dollar flows, sanctions that are more severe than the 1991 embargo,” noting that “Washington has confirmed that it will not finance any regime or government that violates its sanctions .”


FRANK26……BANK STORY

  Read also: Bank appointment for Currency EXCHANGE Instructions/Checklist