IRAQ NEWS HEADLINES
#LATEST: Iraqi Minister of Finance Taif Sami has signed the final audit report for the Kurdistan Region’s March payroll, with salary funds expected to be released soon, a source from the KRG Ministry of Finance told Zoom News.
The source also confirmed that Sami has pledged to disburse funds for KRG civil servants before Eid al-Fitr.
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: TV has a big special right now about we are ditching the dollar with digital currency to put an end to the parallel market.
FRANK: That's Fantastic. Fantastic.
FIREFLY: TV says within hours oil can flow [into Turkey]. Why you asking me?
FRANK: I didn’t know it was already flowing or tested flowing or is about to flow in a few hours or can flow in a few hours. Dear God because if the oil flows, the exchange rate flows IMO.
FIREFLY: My opinion is all related to the mechanism in this Article 12-2c. 12-2c will give us the new value…They are saying within hours oil can start…The budget table are coming. All is pointing to a Real Effective Exchange Rate IMO
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FRANK: I agree Article 12-c holds the key, which is the new exchange rate.
Iran stops the new exchange rate from coming out. It’s so obvious. It’s being protected, the exchange rate, from Iranian influence inside of Iraq’s parliament. Trump is going to stop an Iran Shadow Fleet in order for security and stability to increase inside of Iraq.
The budget for Iraq for 2025, ’26, ’27…1310 is not going to do it. It’s only logical. You’ve already seen the budget. You saw the whole breakdown. Were they teasing the citizens of Iraq? …Are they showing them something that is impossible to receive?
Well it is at 1310, you agree don’t you? The whole world agrees, logic agrees, this budget is not for 1310…
https://dinarevaluation.blogspot.com/2025/03/firefly-update-19-march.html
KTFA
FRANK26: "THE MIDDLE EAST SAYS THANK YOU PRESIDENT TRUMP... SO DOES THE MONETARY REFORM.".......F26
Trump's Middle East envoy: Iran will not possess a nuclear bomb
3/23/2025
US special Envoy to the Middle East Steve Witkoff confirmed on Sunday that Iran cannot possess a nuclear bomb, while noting that the United States stands with the State of Israel against Hamas.
"The message to Iran is to sit down and get to the right place through diplomacy," Witkoff told Fox News, as seen by Shafaq News.
He pointed out that "Trump said in the message he sent to the Iranians, 'I am a president of peace, and we must not resort to a military solution. Rather, we must negotiate. We must clarify misconceptions and establish a monitoring and verification system so that no party is concerned about nuclear armament .'"
Regarding the war in Gaza, Witkoff said that "Hamas is responsible for the renewed fighting in the Strip after rejecting efforts to move forward with what was considered an acceptable agreement."
"The responsibility lies with Hamas," Witkoff added. "Hamas is the aggressor in the current situation. The United States stands with the State of Israel."
He continued, "Hamas had every opportunity to disarm and accept the interim plan proposal, but it chose not to do so."
MarkZ
[via PDK]
Article: “146 thousand dinars per $1,000 dollars. Dollar falls significantly in Iraq” This one is very interesting.
On the very same day there was another article:
“The rise in the price of the dollar against the Iraqi dinar-new economic repercussions” There were two conflicting articles running back to back…the rise of the dollar and the fall of the dollar…
this is identical to what we saw in Kuwait and China prior to their value changes. More misdirection to cloud the timing. We saw the same thing in the last few currency revaluations.
After a suspension of more than a month, parliament confirms that the parliament session will convene today
Arif al-Hamami, a member of the Coordination Framework, confirmed that the House of Representatives will hold its session today, Monday, to proceed with the reading of important laws after sessions were suspended for more than a month.
Al-Hamami told Shafaq News Agency, "The House of Representatives will successfully hold its session today, after sessions were suspended for more than a month due to disagreements over the Popular Mobilization Forces' service and retirement law. However, after the law is submitted for its first reading, the House will proceed with the session and the legislation will be expedited."
He added, "The House of Representatives will work to double its sessions over the coming period to compensate for the absence of a session during the previous period. The House will also witness accelerated activity to activate its oversight and legislative role during the coming period, especially after the Eid al-Fitr holiday. "
Political positions vary regarding the inclusion of the Popular Mobilization Forces (PMF) law on the agenda of the parliament session scheduled for Monday. This move aims to end the parliament's nearly two-month hiatus from holding sessions.
The Iraqi Parliament has repeatedly failed to reach a consensus on the provisions of the Popular Mobilization Forces (PMF) law, particularly since it mandates the retirement of more than 3,500 PMF leaders, including the commission's chairman, Faleh al-Fayyadh, who are over the legal retirement age.
A source within the Coordination Framework revealed on March 11 that Prime Minister Mohammed Shia al-Sudani had withdrawn the Popular Mobilization Forces' civil service and retirement law from the Iraqi parliament to minimize political disagreement and prevent it from interfering with parliamentary sessions. The source added that the convening of parliamentary sessions was now contingent on the law being added to the parliament's agenda.
The House of Representatives is witnessing ongoing disruptions to its sessions, due to the lack of a quorum to hold them, despite the announcement of the agenda and the setting of a session date. link
🇮🇶💵 IRAQ’S ECONOMIC TRANSFORMATION MAY BE FOLLOWING A MUCH BIGGER PLAN What we are witnessing in Iraq no longer feels like isolated polit...