DINAR REVALUATION

Friday, July 25, 2025

Al-Ziyadi: The government is either unable or deliberately obstructing the submission of the 2025 budget schedules

Al-Ziyadi: The government is either unable or deliberately obstructing the submission of the 2025 budget schedules.

MP Mohammed Al-Ziyadi accused the government on Thursday of being unable or deliberately delaying the sending of the 2025 budget tables to the House of Representatives, which led to a paralysis in the provision of services to citizens.

Al-Ziyadi said in a statement to Al-Maalouma Agency, "The government is either unable or is creating obstruction by not sending the approved budget tables to the House of Representatives," adding that "all local governments today are unable to provide services to their people due to the absence of a budget and the failure to approve its tables.

" He called on "the Prime Minister to assume responsibility and send the budget tables to Parliament as soon as possible, stressing that "the ball is now in the Prime Minister's court, and his government must act quickly so that citizens can see the services they deserve."

It is noteworthy that the House of Representatives had previously hosted the Minister of Finance to discuss the budget tables and the reasons for the delay in sending them. link

Tishwash: Parliamentary Finance: Current revenues are sufficient to cover the salaries of central and regional employees and retirees.

Parliamentary Committee Chairman MP Atwan Al-Atwani stated, "There is still no real ceiling for the budget deficit. This is because expenditures and revenues have yet to be studied to determine the overall budget deficit ceiling."

Al-Atwani explained in a statement (published by Al-Masry today, Thursday 7/24/2025), that “the Ministry of Finance, along with other ministries, is currently working on solutions after adding stalled projects and projects to relieve bottlenecks, to indicate the new obligations included in the 2025 budget.”

He explained that "Iraqi oil sales on the global market are currently sufficient to cover the salaries of employees and retirees, but the irregular flow of cash may cause delays in paying those salaries," noting that "current revenues are sufficient to cover the salaries of all employees and retirees in the central government and the Kurdistan Region."

The head of the Parliamentary Finance Committee reiterated that "employee rights are fully protected and secured, and that once the budget schedules are approved, bonuses and promotions will be issued and will take effect from the date of issuance of the relevant orders."

The Parliamentary Finance Committee settled the controversy surrounding the budget deficit ceiling reaching approximately 83 trillion dinars, while reassuring employees and Parliamentary Committee Chairman MP Atwan Al-Atwani stated, "There is still no real ceiling for the budget deficit. This is because expenditures and revenues have yet to be studied to determine the overall budget deficit ceiling."

WALKINGSTICK : IRAQI BANK AKI UPDATE: "Iraqi Bank Insider Hints at New Dinar Rate Between $2–$3, Awaiting Official Release"

Walkingstick reports that Iraq is no longer under any international sanctions, including financial restrictions.

The IMF has officially given Iraq full freedom to manage its exchange rate, confirming developments inside the Central Bank of Iraq (CBI).

The restrictions or "handcuffs" on Iraq’s currency have been removed, allowing the country to move forward.

Although Iraq is still in a legal transition phase, there are no active limitations on the CBI or its currency operations .

An update from Walkingstick’s Iraqi banking contact "Aki" indicates that while Aki himself hasn't seen the new exchange rate yet, his boss in Iraq has it and will share it when appropriate.

Both confirm there's frequent discussion about the new rate, with expectations that it could be between $2.00 and $3.00 USD per dinar, in their opinion.

FIREFLY INTEL : "BREAKING: Oil & Salary Deal Set to Unleash Iraq’s Economic Power !!!!

Revealing The Cause Of The Economic Recession In Iraq And The Dollar's Connection To It

Revealing The Cause Of The Economic Recession In Iraq And The Dollar's Connection To It

Time: 2025/07/23 20:29:01 Reading: 930 Times
{Economic: Al-Furat News} Economic researcher Ahmed Abd Rabbo revealed that the decline in the dollar exchange rate in local markets, although an indicator of economic and Iraqi dinar recovery, comes amid an economic recession primarily due to the failure to approve the budget and the decline in oil prices. Abd Rabbo warned, in a statement to {Al-Furat News}, that:

"The current recession is mainly caused by the failure to approve the budget and the decline in oil prices, which could significantly increase the fiscal deficit," warning that "the fiscal deficit could rise to 85 trillion Iraqi dinars, according to current indicators."

Abdul Rabbo pointed out that "there are significant efforts by monetary policy that are not limited to the dollar exchange rate alone, but also include supporting borrowing and stimulating the market,

including the "Baghdad Pulse" initiative and others, all of which aim to support the civilized image of the capital and the economy."

He explained that "those who control the price of oil are external factors subject to wars and demand, and therefore price fluctuations negatively impact Iraq."

The economic researcher stressed that "maximizing non-oil revenues is something that must be achieved," expressing his "regret for the lack of a genuine will to support the country's agricultural and industrial sectors."

https://alforatnews.iq/news/كشف-سبب-الركود-الاقتصادي-في-العراق-وصلة-الدولار-به

MARKZ: "Optimism Builds as Bond Holders Travel and Key Financial Milestones Are Met"

EXCERPTS FROM MARKZ

Note: All opinions shared are personal and not financial advice.

MarkZ discussed ongoing optimism in the currency and bond investment community. While he couldn't share specific details, he confirmed that some bond holders have traveled for meetings, including some happening today in Europe.

These individuals are reportedly positive and under confidentiality.

There was speculation from listeners about the 30% threshold being met, and whether the historic bonds being processed include Zim bonds.

MarkZ clarified these are historic bonds, and Zim is expected to be redeemed when the currency revaluation (RV) happens.

Rumors suggest a potential dinar rate of $4.40, but MarkZ emphasized the official rate remains around 1300 IQD to 1 USD. His sources expect a revalued rate closer to $3.80–$4.00.

One significant development: Kurdistan has officially received salary funds for May, marking a key financial milestone in Iraq, seen as a positive sign for progress.

Listeners expressed hope for RV-related activity over the coming weekend, referencing a visit by former President Trump to the new Federal Reserve headquarters.

StacieZ joined the stream, and listeners are encouraged to replay the video for her full update.

"Massive Shift Incoming: Iraqi Dinar Nears 1-to-1 as U.S. Banks Brace for Impact!" @DINARREVALUATION

Through 5 Factors, Iraq Aims To Bring The Dollar Exchange Rate To "Conformity"

Through 5 Factors, Iraq Aims To Bring The Dollar Exchange Rate To "Conformity"

Energy and Business breaking 2025-07-22 Shafaq News – Baghdad Financial and economic advisor to the Prime Minister, Mohammed Shia al-Sudani, revealed on Tuesday five factors that could help narrow the gap between the official dollar exchange rate and its parallel market price, potentially leading to "convergence" between the two rates.

The official exchange rate of the dollar, approved by the Central Bank of Iraq, is 132,000 dinars per $100. Meanwhile, the parallel market exchange rate has approached 139,000 dinars over the past two days in Baghdad and the Kurdistan Region, representing a gap the government is seeking to bridge.

Mazhar Mohammed Saleh told Shafaq News Agency, "The decline in the value of the dollar on the parallel market, in favor of the Iraqi dinar, and its approach to the official rate, is due to several reasons and factors, the first of which is the  ban on dealing in dollars domestically,  especially in the real estate sector,  which constituted a major deterrent to the phenomenon of dollarization." He added,

"The second factor is the shift to a policy of foreign exchange bolstering through international correspondent banks, which handled foreign transfers after the Central Bank's window ended at the beginning of this year,  reducing the risk of resorting to high-cost informal financing." Saleh continued,

"The entry of small importers into the formal financing system and   their reliance on a fixed exchange rate for external transfers, which constitutes approximately 60% of total foreign trade, is the third factor in narrowing the gap."

He pointed out that "the fourth factor is the expanding culture of using electronic payment cards in foreign currency among travelers, which has eased the pressure on demand for cash dollars, in addition to facilitating travelers' access to their dollar share through airports, subject to clear controls."

The fifth factor, according to Saleh, is "the price defense policy through the expansion of cooperatives for consumer goods and building materials, financed by imports calculated at the official exchange rate of 1,320 dinars per dollar, reflecting the integration of monetary, fiscal, and trade policies within the government program."

The financial advisor concluded his statement by saying, "The fact that the difference between the official and parallel rates is approaching less than 4% indicates that we have entered the convergence phase, as this difference represents only the cost of transactions." https://shafaq.com/ar/اقتصـاد/عبر-5-عوامل-العراق-يستهدف-الوصول-بسعر-الدولار-لى-مرحلة-التطابق