Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Monday of the High Committee tasked with reassessing and restructuring the boards of directors of state-owned banks and theCentral Bank of Iraq (CBI).
The committee approved several recommendations focused on evaluating board performance as part of a broader programme of banking and financial reform. The Prime Minister emphasised the critical role of these boards in leading strategic direction, ensuring transparency and accountability, and assessing institutional financial risks.
He also called for stronger coordination between the boards, government entities, and the private sector to advance financial and developmental policies that support Iraq's economic growth.
FIREFLY:Television is showing us Iraqi citizens that are protesting in the streets. We have blocked the streets with boring tires. Many folks are mad and don't know what we're doing.
We are all mad over no power, no electricity, the storms blew down some old towers and also protesting about no pay, no guarantee, no HCL for years. You talk about this but you don't give it to us and the government not listening.
FRANK: Give them hell because you've been going through hell. Just don't become violent.
When The Central Bank Abandons Its Basic Duties - Hussein Ismail Al-Taie
May 26, 2025 The Central Bank carries out its basic tasks, which are:
-Issuance of local currency
- Creating monetary balance
However, what is observed in Iraq during this period is that the Central Bank is unable to issue the local currency according to the requirements of the local market and monetary circulation.
The reason is that influential parties are printing and issuing counterfeit local currency in India, as is available from circulating information, converting it to dollars and smuggling it to Iran.
This threatens and prevents the Central Bank from carrying out one of its basic tasks, as flooding the local market with original and counterfeit local currency will result, firstly, in an increase in the monetary mass of the local currency and a decrease in its real value against foreign currency.
Secondly, it will lead to the smuggling of dollars to Iran for the purpose of helping it activate its economic activities in the international trade market.
The result of this process is the inability of the Central Bank to perform its second task, which is to create a balance between the original and counterfeit local currency offered for circulation in the local market and the available foreign currency. This will lead to a decline in the real strength of the local currency.
Therefore, the financial and economic authorities are paralyzed and unable to perform their basic duties in leading the country's economic activity. Professor of International Finance LINK
Member: This memo states that the Iraqi Dinar (IQD) is ready for public rate visibility at $4.8101, with infrastructure integration & confirmation from Al-Bayan Center's RATE is currently supr'd but loaded.
Member: Rate is pre-loaded meaning it is not active
MZ: I got about 200-300 emails with this screenshot in them. (shows the screenshot) We are still vetting them. Several white hat hackers are trying to find out about this. It may take a little time to be solid
MZ: What they are telling me is they are finding more supporting pieces. I have asked for those so I could share them. Whether this is fake or dead solid….I cannot answer that right now. But, What I can say is much of what this discusses is supported by other documentation. This does not give us any timing…but does show the preparation.
MZ: If it is accurate we are looking at a very solid rate. I do not know if this was a leak. This is getting fun and interesting.
MZ: I do not know who found it but they could be onto something. Some of the best folks on the planet are searching to find out if its true.
MZ: I think this has legs and we are doing our best to chase it down.
Member: What does the article say?
MZ: It says the IQD is fully armed for public rate visability at $4.81. It basically is talking about the rate they have ready to go. Just no idea on timing. Stay calm.
Member: IMO- The document is not from the internet.. its from forex and an analysis created based on the information available from inside sources.
Member: SG Anon posted on Truth Social: “…photo re: IQD/USD revaluation was doctored and not authentic”.
MZ: Guaranteed many are trying to find out if this is true or not. MilitiaMan and many others. Probably Frank, TNT and others……We just don’t do not know if its true or not….yet..
Al-Sudani Discusses With The British Ambassador Strengthening Economic Partnership And Cooperation In Infrastructure Development.
Prime Minister Mohammed Shia Al-Sudani received the British Ambassador to Iraq, Irfan Siddiq, on Monday. They discussed ways to enhance the economic partnership between the two countries in light of bilateral agreements and understandings.
A statement issued by the Prime Minister's Office stated that the meeting addressed the openness that Iraq is witnessing in the fields of development and infrastructure reconstruction, in addition to expanding the state's capacity to provide services, with an emphasis on opportunities for cooperation between the public and private sectors, and British companies, within various investment activities.
For his part, the British Ambassador expressed his country's government's desire to consolidate cooperation relations with Iraq and work together to enhance stability in the region. https://www.radionawa.com/all-detail.aspx?jimare=41915