Thursday, September 11, 2025
๐ผ ERBIL PRESENTS A NEW PROPOSAL TO BAGHDAD REGARDING NON-OIL REVENUES ๐ฐ⚖️
๐ผ ERBIL PRESENTS A NEW PROPOSAL TO BAGHDAD REGARDING NON-OIL REVENUES ๐ฐ⚖️
(Will this finally solve the budget dispute?)
๐ HIGHLIGHTS: A Fresh Move to End the Budget Deadlock ๐
๐ 1. KRG Proposes New Revenue-Sharing Deal ๐ธ๐ค
The Kurdistan Regional Government (KRG) has submitted a new proposal to Baghdad's Ministry of Financeregarding non-oil revenues, aiming to ease tensions over budget and salary disputes.
๐ The plan includes:
KRG handing over 50% of revenues collected by federal institutions operating inside Kurdistan.
Revenues include passport fees, national ID fees, border crossing revenues, and more.
๐ 2. From 60–70 Billion → to 100 Billion Dinars ๐ต
๐ก This new arrangement could boost KRG’s monthly non-oil revenue transfers to
100 billion dinars, up from the current 60–70 billion.๐ Baghdad’s 2024 revenue report expects 180+ billion dinars from the KRG, so this is a step toward narrowing the gap.
⚖️ 3. Historical Tug-of-War Over Fees ๐
Previously:
Both Erbil and Baghdad claimed 100% ownership over fees collected from federal institutions within the Region.
The Iraqi Ministry of Finance insisted that all revenue generated in Kurdistan should go to Baghdad.
This proposal suggests a 50/50 compromise, which could mark a major breakthrough in their long-standing disputes.
๐️ 4. Proposal Now on Al-Sudani’s Desk ๐️
✅ The proposal has already been submitted to the legal advisor to Iraqi PM Mohammed Shia al-Sudani.
๐
A final decision is expected during the next Council of Ministers meeting.
If approved, it could:
๐ผ Unlock blocked federal salary payments to the KRG
๐ Pave the way for a longer-term budget solution
๐ฃ️ Move Iraq closer to finalizing the HCL (Hydrocarbon Law)
๐งฉ 5. Why It Matters for Investors ๐ฆ
This move shows serious efforts to resolve fiscal autonomy issues, a key part of the Oil and Gas Law puzzle ๐งฉ
✅ More revenue discipline from KRG
✅ Better transparency and control for Baghdad
✅ A positive signal for the IMF, World Bank, and international stakeholders
The reinstatement of the dinar and progress toward economic reform depend on these kinds of practical compromises.
๐️ Final Thought:
Is this a real breakthrough, or just more bureaucracy? Time will tell. But this 50/50 proposal is the clearest sign yetthat both sides are inching closer to a workable solution. ๐ผ๐ฎ๐ถ
๐ Stay informed with the latest updates — Join the Dinar community:
๐ BLOG: https://dinarevaluation.blogspot.com/
๐ฌ TELEGRAM: https://t.me/DINAREVALUATION
๐ฑ FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
๐ฆ TWITTER (X): https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION
MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART 2 ๐๐ฐ
MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART 2๐๐ฐ
๐ค Close to a Final Understanding on Non-Oil Revenues
You might want to check out the article titled “MASROUR BARZANI: WE ARE CLOSE TO A FINAL UNDERSTANDING WITH BAGHDAD REGARDING NON-OIL REVENUES.” ๐ฎ๐ถ๐ค The Kurdistan Regional Government PM Masrour Barzani says talks with Baghdad are reaching their final stages. Despite hurdles, there’s hope for a breakthrough soon! ๐ช✨
๐ข️ The Complex Puzzle of Oil, Gas & Foreign Companies
Iraq’s settlement on the Hydrocarbon Law (HCL) includes many players—foreign oil companies need their paychecks too! ๐ธ The proposal is $16/barrel for processing. This is a huge issue on the US priority list, so it can’t be ignored. ⚠️
๐ Strategic Partnerships & Regional Growth
From the article “GOVERNMENT ADVISOR: LINKING AL-FAW PORT WITH OMANI PORTS WILL ENHANCE IRAQ’S REGIONAL AND INTERNATIONAL STANDING,”
we learn Iraq is opening doors to Gulf countries and beyond! ๐ข๐ This is big for trade, partnerships, and Iraq’s global presence. The WTO involvement hints at a bright future! ๐ผ๐๐ผ Building a Sovereign Fund for the Future
President Rashid stresses the need for a sovereign fund from oil & gas revenues—a treasure chest for Iraq’s future generations! ๐ฐ⏳ Right now, $110B sits in the DFI fund without earning interest. This new fund will channel
The secret? Budget carefully on oil, save non-oil revenues, invest smartly—and Iraq could get filthy rich! ๐ค๐
๐ค Why This Gets My Goat: Security, Stability, and the Missing Reinstatement
PM al-Sudani says Iraq is a pillar of security and stability ๐ก️๐ But… where is the Project to Delete the Zeros? Why no dinar reinstatement yet? ๐คจ
If Iraq is truly stable, why the delay? ๐คท♂️ The CBI seems ready, so what’s really holding it back? This is the question we keep asking! ๐❓
⏮️ A Look Back: Lessons from Last Year’s CBI Announcements
CBI in Sept 2024 said the economic climate was “not suitable” for redenomination. Iraq’s economy still relies heavily on oil and cash deals. ๐ธ
It’s September again, and history shows this month often brings updates on deleting zeros. According to my insider, this year will be different — progress is coming! ๐ฆ๐ฅ
๐ What’s Next?
We’re watching an epic, multi-layered race against time unfold. Iraq is building the foundation for a massive financial transformation—but the finish line is just ahead. ⏳๐ฅ
๐ฅ Stay tuned and follow for more updates!
๐ Telegram: https://t.me/DINAREVALUATION
๐ Facebook: https://www.facebook.com/profile.php?id=100064023274131
๐ฆ Twitter: https://x.com/DinaresGurus
▶️ YouTube: https://www.youtube.com/@DINARREVALUATION
๐ฎ๐ถ THE PRESIDENT OF THE REPUBLIC: IT IS NECESSARY TO ESTABLISH A SOVEREIGN FUND FROM OIL AND GAS REVENUES ๐ฐ๐
๐ฎ๐ถ THE PRESIDENT OF THE REPUBLIC: IT IS NECESSARY TO ESTABLISH A SOVEREIGN FUND FROM OIL AND GAS REVENUES ๐ฐ๐
๐ฅ HIGHLIGHTS: Iraq’s Future Fund – A Wealth Plan for Generations ๐ฅ
๐ฆ 1. Call for a Sovereign Wealth Fund
President Abdul Latif Jamal Rashid has called for the creation of a sovereign fund from Iraq’s oil and gas revenues, stating that these resources belong to both current and future generations. ⛽๐ถ๐ด
This fund would secure long-term economic stability and protect Iraq’s wealth for years to come.
๐ 2. Regional Energy Power Moves
During the Baghdad International Energy Forum, the president hosted key figures including:
๐ฑ๐พ Libya’s Oil Minister
๐ช๐ฌ Egypt’s Petroleum Undersecretary
๐น๐ท Turkey’s Energy Undersecretary
๐ OPEC’s Secretary-General
♻️ 3. From Oil to Green Energy ๐ฑ
The president highlighted Iraq’s readiness to invest in renewable energy and transition toward a green economy, while still maximizing oil revenue. A sovereign fund would bridge the gap between traditional energy profits and future sustainability. ⚡๐
✅ 4. Iraq’s Stability = Investment Magnet
Iraq is now enjoying security and stability after years of conflict. Rashid sees this as the perfect moment to kick off real investment and build solid infrastructure for the energy and financial sectors. ๐️๐
๐ค 5. Strong Signals to International Investors
The forum reinforced Iraq’s commitment to expand cooperation with international companies.
Translation? Iraq is open for business, and this sovereign fund will help attract more investment, while ensuring fiscal discipline and economic independence. ๐️๐
๐ข CONCLUSION:
This isn’t just another conference — it’s a strategic signal that Iraq is laying the foundation for generational wealth. The sovereign fund could be the key to unlocking real prosperity, funding future development, and building an economy that outlives oil itself. ๐ข️➡️๐ฆ➡️๐ธ
๐ Stay Updated & Join the Community:
๐ Blog: https://dinarevaluation.blogspot.com/
๐ Telegram: https://t.me/DINAREVALUATION
๐ Facebook: https://www.facebook.com/profile.php?id=100064023274131
๐ฆ Twitter (X): https://x.com/DinaresGurus
▶️ YouTube: https://www.youtube.com/@DINARREVALUATION
MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART. 1
⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation
The clock is ticking for Iraq to resolve key issues repeatedly highlighted by the US. This ongoing saga has had many ups and downs, and while progress is being made, some challenges might not be fully resolved by the projected January 2026 reinstatement date. Negotiations are complex and happen on multiple fronts, so priorities may shift depending on what the US sees as most critical.
๐ Key Updates from the Central Bank of Iraq (CBI):
The CBI is moving forward with the “Project to Delete the Zeros”—a key part of the currency reform—based on the assumption that major issues will get resolved.
But slow past performance keeps some cautious about the exact timing.
๐ฅ Iraq’s Financial Power is Rising Fast!
Iraq is rapidly becoming a financial superpower, thanks to major reforms and diversification beyond oil.
Non-oil revenues have jumped dramatically—from tariffs, customs, and other sources—adding significantly to Iraq’s income.
This diversification adds to oil revenues; it doesn’t replace them.
Efforts to tackle corruption and curb money laundering to Iran have been vital in this progress.
⚖️ Regional Revenue Disputes: Kurdistan & Baghdad
Baghdad has refused to sign a tripartite oil payment agreement involving the Kurdistan Region and oil companies.
Talks continue, and a new proposal from Erbil (Kurdistan) suggests handing over 50% of certain federal fees(passport, border, etc.) to the federal government.
This non-oil revenue could amount to about 100 billion dinars, a significant new income stream but also a negotiation point.
Kurdistan argues that keeping 50% is fair due to operating expenses, and they must show proof of these costs.
๐ What To Watch For:
How Baghdad and Erbil negotiate revenue sharing and budget/salary agreements will be critical.
The management of new revenue streams is essential to funding Iraq’s future projects and economic development.
Continued reforms and anti-corruption measures will shape Iraq’s financial stability and readiness for the RV.
Final Thought:
Despite obstacles and delays, Iraq’s financial transformation is real and accelerating. The groundwork being laid now is crucial for future success—both economically and geopolitically.
4/18 Latest Iraq Dinar Update and Govt Formation News
Read also: Bank appointment for Currency EXCHANGE Instructions/Checklist
-
๐ Global Currency Reset: What’s Happening Now The so-called “RV Redemption” is reportedly entering a new phase, according to various sour...
-
A groundbreaking and irreversible shift is occurring in the global financial system as it rapidly transitions to a gold-backed structure. T...
-
Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!๐ Highlights Summary Here are reports on the officially confirmed...