Saturday, June 6, 2026

🚀🇮🇶 IRAQ SIGNALS CONTINUED EFFORTS TO STRENGTHEN THE DINAR 📈💵

 The New Region

@thenewregion
·
3h
Iraqi Prime Minister Ali al-Zaidi’s financial adviser, Madher Mohammed Salih, said Saturday that the government has taken measures to protect the purchasing power of the Iraqi dinar and curb inflation - State media

Salih said exchange rate stability is aimed at "protecting the external value of the national currency and maintaining the stability of the general price level," adding that a stable exchange rate has strengthened confidence in the dinar and supported citizens’ purchasing power
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🇮🇶 Iraqi Prime Minister's financial advisor, Mudher Mohammed Salih, stated on Saturday that the government has taken measures to protect the purchasing power of the Iraqi dinar and curb inflation.

Salih explained that exchange rate stability is intended to:

Protect the external value of the national currency.
Maintain overall price stability.
Strengthen confidence in the Iraqi dinar.
Support citizens' purchasing power.

He also noted that a stable exchange rate has helped increase confidence in the dinar and preserve the population's ability to purchase goods and services.

What does this mean?

From an economic perspective, the message is significant because the government is reaffirming that:

📌 Stability of the dinar remains a national priority.
📌 Protecting citizens' purchasing power is a central objective.
📌 Controlling inflation continues to be a key component of economic policy.
📌 Confidence in the national currency is considered essential for the country's financial stability.

The most important takeaway

"Exchange rate stability has strengthened confidence in the dinar and supported citizens' purchasing power."

This statement reflects the government's commitment to a strong and stable currency that can support the economy and protect the population from inflationary pressures.

It is clear that the government's goal is to continue strengthening the national currency and reinforcing confidence in the Iraqi dinar, ensuring that it maintains its purchasing power and contributes to the country's economic stability. 🇮🇶📈

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🚨🇮🇶 IRAQ MOVES TO PLACE ALL WEAPONS UNDER STATE CONTROL: A HISTORIC TURNING POINT? 🇮🇶⚔️

 CHANNEL8

Qais al-Muhammadawi, Deputy Commander of Iraq's Joint Operations Command, announced at a press conference today that a joint committee is dismantling the forces' PMF organizational ties to confine all weapons to the state, launching a multi-phase process that begins with integrating fighters into the regular army before restructuring their operational duties.

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🚨🇮🇶 IRAQ MOVES TO PLACE ALL WEAPONS UNDER STATE CONTROL: A HISTORIC TURNING POINT? 🇮🇶⚔️

The Iraqi government has announced what could become one of the most significant developments in the country's post-2003 history.

Qais al-Muhammadawi, Deputy Commander of Iraq's Joint Operations Command, revealed that a joint committee has begun a multi-phase process aimed at dismantling the organizational ties of the Popular Mobilization Forces (PMF) and ensuring that all weapons remain exclusively under the authority of the Iraqi state.

According to the announcement, the process will begin with the integration of PMF fighters into the regular Iraqi Armed Forces, followed by a restructuring of their operational responsibilities.

🌍 Why is this important?

For more than two decades, Iraq has worked to strengthen its institutions, stabilize its security environment, and establish a unified national command structure. One of the most persistent challenges has been the existence of armed groups operating outside the traditional military framework.

If fully implemented, this initiative would represent a major step toward:

✅ Strengthening Iraqi sovereignty

✅ Establishing a single national chain of command

✅ Enhancing security and political stability

✅ Increasing international confidence in Iraq's future

✅ Supporting long-term economic and financial reforms

📈  What could this mean for Iraq's future?

International investors, financial institutions, and global partners have consistently emphasized the importance of security, stability, and strong institutions as foundations for economic growth.

Many observers view this development as another indication that Iraq is moving toward a more unified and institutionalized state structure—an important factor in the country's ongoing reform agenda.

While this announcement does not involve monetary policy or currency changes, it is being viewed by many as a significant milestone in Iraq's broader transformation and nation-building efforts.

🇮🇶 The coming weeks and months will reveal how quickly these measures are implemented, but today's announcement is being seen by many as a potentially historic step toward a stronger, more stable Iraq.


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#Iraq #IQD #Dinar #IraqNews #MiddleEast #EconomicReform #IraqReforms #SecurityReform #StateBuilding #Investment #Baghdad #IraqiDinar #FinancialReform #GlobalMarkets #IraqDevelopment 🇮🇶📈

PRESSURE ON ARMED FACTIONS : The Rv of IQD, is just waiting for this issue to be finally resolved!!


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IRAQ OIL EXPORTS REMAIN STABLE AS SOURCES DISMISS CLAIMS OF DISRUPTION

MP: THE 2026 BUDGET WILL BE THE MOST COMPLEX COMPARED TO PREVIOUS YEARS

MP Mohammed al-Bayati confirmed on Monday that there is still no set date for the 2026 budget to be presented, noting that it will be the most difficult and complex compared to previous budget cycles.

Al-Bayati told Al-Maalouma, “As of now, there is no specific date for the Council of Ministers to present the 2026 budget and send it to the Finance Committee in the House of Representatives for review before proceeding with the first and second readings and then voting on it.”

He added, “ If presented, the budget will be the most difficult and complex compared to previous years, due to the financial and economic challenges, as well as the repercussions of what is currently happening in the Arabian Gulf.”

He pointed out that “Iraq has lost the ability to export more than 90% of its crude oil, which is the main source of revenue for the state treasury,” indicating that “the country’s financial situation is difficult by all measures.”

(Mnt Goat: My sources in Iraq tell me this simply is not true. Almost all of Iraqi oil is being exported as usual. They are trying to put pressure to move to a more diversified economy.)

Al-Bayati explained that “there is anticipation for a roadmap that the government is preparing in coordination with the Council of Representatives, in order to proceed with financial and economic reforms that will contribute to correcting many errors and formulating paths that ensure the securing of operational expenses, especially salaries, during the next phase.”

He concluded by saying that “despite the Ministry of Finance’s assurances that salaries are secured, the current phase requires real measures that contribute to creating a state of financial stability.” 


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MARKZ: "..they plan on announcing their value changes at the end of this thing which is Sunday"

MarkZ  

[via PDK]  

Article:  “Sulaymaniyah hosts the Delphi International Economic Conference with wide Iraq and international participation.” 

 This is scheduled for the 6th and 7th of June. 

 I have a couple sources in government in Iraq who says participants include the “Who’s Who” of economic figures from Iraq, Kurdistan and number of other countries will be there.

 My Finance Ministry contact is of the absolute, concrete belief that they plan on announcing their value changes at the end of this thing which is Sunday...I am hopeful this is accurate but take it a “RUMOR” and stay calm.

Comment:  ...banking leaders from all over are headed to the U.S. and being told to raise their rates... 

 MarkZ:  Probably 20+ are already here in the US and already working on that. Iraq is already here with some key folks. Almost the whole global south that are friendly with the US are being pressured to raise their exchange rates in order to balance the playing field for trade.

 I have mentioned this before that the US is trying to pressure Vietnam to raise their exchange rate as it is way to artificially low.  


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FRANK26….6-4-26….THE SPEED OF TRUMP

 


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🇮🇶🚀 BUILDING IRAQ’S FUTURE: MOMENTUM BEHIND THE DINAR STRENGTHENS#iqd #iraqidinar

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