Iraq announces November 11 as date for key legislative elections, 11 APRIL

Iraq announces November 11 as date for key legislative elections

ERBIL, Kurdistan Region – The Iraqi Council of Ministers on Wednesday set November 11 of this year as the date for Iraq’s upcoming legislative elections, a day after the ruling Shiite-led Coordination Framework rejected delaying them and urged the government to begin laying the groundwork for the key ballot.

Iraqi Prime Minister Mohammed Shia’ al-Sudani’s office said in a statement on Wednesday that “the cabinet voted to set November 11, 2025, as the date for holding the legislative elections.”

The decision came a day after the ruling Shiite-led Coordination Framework, in a statement it issued on Tuesday, underscored the “need to hold the legislative elections on their scheduled date at the end of this year,” stressing that “no party has the right to delay the elections or cancel the timelines set for the electoral process.”

The Coordination Framework further urged the Sudani government to “prepare the necessary electoral atmosphere, provide the security requirements for the elections” and “give the Independent High Electoral Commission [IHEC] the support it needs to ensure the success of the [electoral] process and guarantee their integrity.”

Of note, the IHEC is an independent body responsible for overseeing and organizing elections in Iraq and ensuring their fairness, integrity and transparency by managing voter registration, election monitoring, and announcing final results.

The Coordination Framework’s remarks came amid reports from local Iraqi media that the Shiite-led bloc’s rival National Shiite Movement – led by Iraqi Shiite cleric and politician Muqtada al-Sadr – was pushing for postponing the key vote and forming an emergency government.

Of note, Sadr announced in late March that the movement he leads, formerly known as the Sadrist Movement, will sit out the 2025 legislative elections in protest of “corruption.”

Senior Coordination Framework figure and head of the Iraqi State of Law coalition, Nouri al-Maliki, on Monday warned that “any postponement of cancellation of the [legislative elections]” would lead to a “collapse” of the Iraqi parliament and put Iraq on a path toward “division and strife.”

https://www.rudaw.net/english/middleeast/iraq/09042025

TIDBIT FROM MNT GOAT, 11 APRIL

 Mnt Goat   

Article:  “IRAN-BACKED MILITIAS IN IRAQ ARE READY TO DISARM FOLLOWING TRUMP’S THREATS” 

 Do you know just how good this news really is?... 

we have been waiting for this kind of news since these Iranian militia...first entered Iraq in 2014 to fight ISIS. ..in today’s new we find this justice with Nori Al-Maliki is coming much sooner than most think...

If this isn’t a WOW! WOW! WOW! article I don’t what is…

AJ: THE NEW DIGITAL SYSTEM WILL TRACK EVERY DINAR!! @DINARREVALUATION #iraqidinarinvestor

 

Digital currencies to reshape Iraq’s banking sector, 11 APRIL

 Digital currencies to reshape Iraq’s banking sector

Baghdad (IraqiNews.com) – The governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, said on Monday that digital currencies will help transform Iraq’s conventional banking system.

Al-Alaq clarified during the Conference on Reforming the Iraqi Banking Sector that the CBI wants to establish an advanced economy and emphasized the need for more funding for artificial intelligence research and development.

Al-Alaq explained that digital currencies have the potential to transform the conventional banking system, noting that the CBI has declared its willingness to carry out a plan for banking sector reform, the Iraqi News Agency (INA) reported .

In collaboration with the international consulting company Oliver Wyman, the CBI announced an extensive reform strategy designed to make the country’s private banking industry a robust, innovative, and expansion-oriented system.

Al-Alaq revealed in late February that the CBI is planning to create a digital currency to replace paper notes in transactions with central banks.

The Iraqi official added that fundamental changes will take place in the banking and financial systems, including the limited use of paper notes, as they will be replaced by digital currencies in transactions between central banks.

https://www.iraqinews.com/iraq/digital-currencies-to-reshape-iraqs-banking-sector/

RV NEWS: A trigger has been pulled!!, 11 APRIL

RV NEWS

THE TEAM: A trigger has been pulled. 

They are watching rates (public rates) rise on the back screens and should be made public, for several countries, any time between tonight and Wednesday. 

The public disclosure phase is imminent. It will be explained as an attempt to combat tariffs and inflation. 

The markets will go up and down. 

Iraq was forced to do so. 

They talk about oil and minerals. This will help the markets and the dollar to "land" (?). Stabilize. 

It will be announced soon. 24 hour period. 

The transition has begun.

Here is the link to yesterday's program in case you want to see it in full

Private Banker: “This next week should be the Big One" @DINARREVALUATION #iraq #iraqidinar

 

Frank26: "BANKING REFORM IS THE MONETARY REFORM FOR AN EXCHANGE RATE", 11 APRIL

 KTFA 

Frank26:  "BANKING REFORM IS THE MONETARY REFORM FOR AN EXCHANGE RATE".....F26

Al-Nusairi confirms that the comprehensive banking reform project announced by the Central Bank will yield promising results.

4/9/2025- Baghdad

Economic and banking advisor Samir Al-Nusairi confirmed that the banking reform project announced by the Central Bank is consistent with the methodology included and adopted in the government program and the Central Bank's third strategy for the years 2023 and 202 

. It will yield promising results in cooperation with global consulting firms Ernst& Young, K2, and Oliver Wyman to build a transparent information base for comprehensive reform, starting with the banking sector as the first essential link in the economy. Without a sound, solid, and modern banking sector, a strong and robust national economy cannot be built.

Al-Nusairi pointed out that among the important initial results achieved is the commencement of the completion of the actual implementation of the plans drawn up during 2025 and 2026 for comprehensive reform, which are summarized in enhancing financial inclusion and achieving stimulating and sustainable returns for shareholders and investors, and the government and the Central Bank leading projects aimed at modernizing the private banking sector and meeting the needs of the transition to a rapidly growing national economy, creating a fair competitive environment in the banking market, and raising the level of private banks’ ability to confront risks and protect depositors and creditors, thus restoring confidence in the banking sector in general, as well as expanding digital transformation procedures, expanding and diversifying banking services and products, and complying with international standards.

Al-Nusairi pointed out that the above objectives, which were discussed yesterday at the Banking Reform Conference, are established as primary and secondary objectives in the Central Bank's third strategy for the years 2024-2026, and that work is being done on them with a steady, systematic approach, and that the objectives will be achieved in cooperation with Oliver and Wyman at an accelerated pace in the years 2025 and 2026.

It is clear that the Central Bank, in cooperation with relevant authorities, will focus on the following: sharing with the private banking sector detailed criteria and timelines for implementing the reform process, activating support channels, and holding workshops to provide technical assistance. 

The Central Bank of Iraq is fully committed to achieving this transformation by working closely with all relevant stakeholders to pave the way for a strong, resilient, modern, and inclusive financial and banking system.   LINK