Saturday, December 27, 2025

FRANK26: Iraq 2026 Update: Presidential Decree Signals Government Formation and New Exchange Rate

Iraq 2026 Update: Presidential Decree Signals Government Formation and New Exchange Rate

Investors and analysts are closely monitoring Iraq as a presidential decree sets parliament to convene on December 29, 2025. This direct command signals a critical step toward forming the Iraqi government, finalizing the High Committee for the Dinar (HCL), and implementing a new exchange rate with lower-denomination banknotes.

Key Developments from Iraqi Leadership

Frank26 highlighted the significance of this move:

"Today you have a presidential decree for parliament to sit on the 29th. That's a very direct command. I believe they will obey. We should see your [Iraqi] government formed. We should see the HCL and we should see a new exchange rate. We should see the lower notes from the 29th to the 31st."

According to this timeline, anything short of these steps would be considered a failure, especially with scrutiny from international observers like Mark Savaya.

Sudani’s Vision for Iraq in 2026

Prime Minister Sudani recently made a bold statement:

"2026 must be the year of Iraq."

Analysts interpret this as a 

clear mandate for action, particularly regarding the Iraqi Dinar. Investors expect the following:

  • Formation of the new government and HCL

  • Implementation of a new exchange rate

  • Distribution of lower-denomination banknotes between December 29–31

As Frank26 commented:

"2026 must be the year for a new exchange rate or you're lying to yourself and to the citizens of Iraq, let alone the international community."

What This Means for Investors

  1. Government Formation: A fully formed government and HCL provides the legal and structural framework for currency changes.

  2. Exchange Rate Update: The new rate could pave the way for long-awaited Dinar revaluation.

  3. Lower-Denomination Notes: Availability of smaller notes will signal the official start of zero removal.

Timeline to Watch

  • December 29, 2025: Parliament convenes to approve government and HCL.

  • December 29–31, 2025: Introduction of lower-denomination banknotes.

  • 2026: Expected implementation of new exchange rate and currency stabilization.

Q&A: Iraq 2026 Dinar & Government Updates

Q1: When will the new Iraqi government be formed?
A1: Parliament is set to convene on December 29, 2025, and a new government and HCL formation is expected immediately after.

Q2: When will lower-denomination Dinar notes be released?
A2: Sources indicate distribution between December 29–31, 2025.

Q3: How does this affect investors?
A3: A new government, HCL, and exchange rate increase confidence in the Dinar, potentially supporting revaluation and currency stability.

Google Discover / Featured Snippet Highlights

  • “The Iraqi parliament will convene on December 29, 2025, to form the government and HCL, paving the way for a new exchange rate and lower-denomination banknotes.”

  • “Sudani declares 2026 must be the year of Iraq, signaling potential Dinar revaluation and economic stabilization.”

Stay Updated on Iraq Dinar News

Hashtags:
#IraqDinar #DinarUpdate #Iraq2026 #GovernmentFormation #ExchangeRateUpdate #LowerDenominationNotes #CBIUpdate #DinarInvestors #IraqNews #IQD

 

 Frank26  Today you have a presidential decree for parliament to sit on the 29th.  That's a very direct command.  I believe they will obey.  We should see your [Iraqi] government formed.  We should see the HCL and we should see a new exchange rate.  We should see the lower notes from the 29th to the 31st. 

 Anything short of that is a complete failure especially with Mark Savaya right after you're supposed to do that.


FIREFLY: Sudani came out and said 2026 must be the year of Iraq. 

 FRANK:  Sudani says these magical two words, "must be"?  I would say back to Sudani, 2026 must be the year for a new exchange rate or you're lying to yourself and to the citizens of Iraq, let along the  international community...
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FRANK26…12-26-25……A NEW YEAR


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The Iraqi Gazette publishes the presidential decree calling for Parliament to convene on the 29th of this month

  The Iraqi Gazette publishes the presidential decree calling for Parliament to convene on the 29th of this month.

The Ministry of Justice announced on Wednesday the issuance of the new issue of the Iraqi Gazette, which included Republican Decree No. (54) of 2025 regarding the invitation of the elected House of Representatives for the sixth session to convene on Monday, the 29th of this month, under the chairmanship of the oldest member.

The Ministry of Justice announced the issuance of the new issue of the Iraqi Gazette No. (4853), which included the publication of a presidential decree, two resolutions, and a number of instructions.

The Director General of the Iraqi Gazette Department, Ms. Haifa Shukr Mahmoud, said, “The issue included the publication of Republican Decree No. (54) of 2025, which included the invitation of the elected House of Representatives in its sixth session to convene on Monday, December 29, 2025, and the session shall be chaired by the oldest member.”

The Director General added, “The issue also included the publication of a decision issued by the Supreme Federal Court No. (235/Federal/2025) on 14/12/2025, in addition to the instructions for scientific promotions in the Ministry of Higher Education and Scientific Research No. (10) of 2025.”

She explained that “the issue also included the publication of the decision to amend the founding statement of the “Al-Rafidain General Company for Dam Implementation / one of the formations of the Ministry of Water Resources, along with the amended founding statement.”  link

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MNT GOAT: Iraq Dinar Update: Zero Removal & Militia Disarmament Insights

 Iraq Dinar Update: Zero Removal & Militia Disarmament Insights

Investors are closely watching Iraq as December 29th approaches, with signs pointing toward major changes in the Iraqi Dinar (IQD). According to sources, including a CBI contact, the Central Bank of Iraq (CBI) may soon implement the long-anticipated zero removal and issue new lower-denomination banknotes.

What We Know About the CBI’s Plans

During a recent call, my CBI contact emphasized that news of the removal of zeros should already be circulating. This aligns with the upcoming release of newer, smaller denominations once the official trigger is pulled. The CBI is expected to update its website with pictures of these banknotes, signaling the official start of the transition.

Militia Movements and Investor Confidence

An article titled, “Savaya is Pleased with the Factions Movements and Stipulates a Complete and Irreversible Disarmament”, suggests positive progress on Iraq’s security front. As investors, concerns over local militias may soon be alleviated if these groups demonstrate good faith in disarmament.

However, caution remains. Statements alone do not guarantee outcomes, and the situation may evolve in the coming days.

Key Dates to Watch

  • December 29, 2025: Critical timeframe for potential zero removal.

  • CBI updates: Website may display images of new denominations once the process begins.

What This Means for Dinar Investors

  1. Potential for Increased Confidence: If militias follow through on disarmament, the U.S. and other international entities may view this as a positive step.

  2. Zero Removal Trigger: When executed, this could signal the start of the long-awaited currency revaluation.

  3. New Denominations: Investors should watch the CBI for official images and announcements.

Q&A: Iraq Dinar Zero Removal

Q1: When will the CBI remove zeros from the Iraqi Dinar?
A1: Sources suggest the process may begin around December 29, 2025, but official confirmation comes from the CBI updates.

Q2: How will militia disarmament affect the Dinar?
A2: If militias demonstrate irreversible disarmament, it may increase investor confidence and reduce geopolitical risk, potentially supporting a stronger revaluation scenario.

Q3: Where can I check official updates?
A3: Visit the CBI website for official announcements and new banknote images.

Google Discover / Featured Snippet Highlights

  • “CBI expected to remove zeros from the Iraqi Dinar around December 29, 2025, with new lower-denomination banknotes soon after.”

  • “Militia disarmament in Iraq could increase investor confidence, supporting potential revaluation of the IQD.”

Stay Connected for Real-Time Updates

Hashtags :
#IraqDinar #DinarUpdate #ZeroRemoval #CBIUpdate #DinarRevaluation #IQD #CurrencyUpdate #Investing #IraqNews #DinarInvestors

Mnt Goat

  My CBI contact...told me on my call...to Iraq that we will see articles about the removal of these larger three-zero notes and the swap out. She told me we already should have witnessed much recent news about the removal of the zeros and so pay close attention.  She also said the CBI site will be updated with pictures of the newer lower denominations soon once the trigger is pulled to begin..

Article:  “SAVAYA IS PLEASED WITH THE FACTIONS MOVEMENTS AND STIPULATES A COMPLETE AND 
IRREVERSIBLE DISARMAMENT” 

As investors our worries about these militias could be over...I believe that if these militias must show some sort of ‘good faith’ disarmament in the coming days...the U.S. might be satisfied with this mandate they have made to Iraq.  Remember “Statements alone are not enough.”

 However, we don’t know what will happen and December 29th is just a [few days] away. Personally, I also believe that the CBI wants to begin to conduct the removal of the zeros right around this timeframe and so we will see what happens.  

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Friday, December 26, 2025

MarkZ Update: $100M European Bank Financing Confirms Iraq as Safe & Stable

In the latest MarkZ update (via PDK), a major international banking development is drawing attention across the financial community. A $100 million financing package from a European institution signals growing confidence in Iraq’s stability, reconstruction, and long-term investment outlook—while questions around the RV timeline and HCL progress remain front and center.

As always, this reflects opinion and interpretation, not financial advice.

⚠️ MarkZ Disclaimer

Please consider everything on this call as my opinion. People who take notes do not catch everything and it’s best to watch the video to get everything in context. Be sure to consult a professional for any financial decisions.

Major Banking News: A Strong Vote of Confidence

Article Highlight

“National Bank of Iraq receives $100 million in financing from the European Bank for Reconstruction and Development.”

According to MarkZ:

“They believe Iraq is a safe, stable, and attractive investment atmosphere.”

🌍 Featured Snippet: Why This Deal Matters

A $100 million financing agreement from a European development bank signals international confidence in Iraq’s security, governance trajectory, and economic reforms—key prerequisites for sustained growth and broader monetary progress.

Why Institutional Financing Is So Important

This type of funding typically requires:

  • Political and regulatory stability

  • Transparent banking practices

  • Reduced sovereign risk

  • Long-term economic viability

For many observers, this move:

  • Reinforces Iraq’s international credibility

  • Supports ongoing reconstruction and development

  • Aligns with broader financial normalization

RV Timing: Is January 2nd Still in Play?

Community Question

Q: “Mark, do you still think the RV will happen around January 2nd?”

MarkZ:

“I think it will… but no one knows the timing.”

Key takeaway:

  • January 2nd remains a possibility

  • No firm dates are guaranteed

  • Timing remains fluid and conditional

HCL Status: Progress, But Not Finished

Community Question

Q: “Is HCL done?”

MarkZ:

“Not yet. We know they have made a lot of progress last week according to articles.”

This suggests:

  • Continued negotiations and alignment

  • Forward momentum, but no final passage yet

  • HCL remains a critical piece tied to broader reforms

How This Fits the Bigger Picture

When viewed together:

  • International financing

  • HCL progress

  • Ongoing reconstruction

  • Strengthening banking sector

…these developments reinforce the narrative that Iraq is positioning itself for deeper global integration.

Q&A – Quick Clarifications

Q: Does this bank deal confirm an RV?

A: No. It confirms confidence and stability, not a rate announcement.

Q: Why is European financing significant?

A: These institutions are conservative and risk-averse, signaling strong confidence.

Q: Is January still important?

A: Many observers, including MarkZ, still view early January as a key window, though timing is uncertain.

Q: Is HCL required before RV?

A: It’s widely believed to be an important component, but progress continues.

Final Thoughts

The $100 million European financing deal adds real-world validation to years of reform efforts. While RV timing remains uncertain , institutional confidence, legislative progress, and reconstruction funding all point toward a country moving forward.

Patience, perspective, and careful observation remain essential.

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MarkZ 

  [via PDK]  

Article:  “National Bank of Iraq receives $100 million in financing from the European Bank from reconstruction and development”   If you are looking for someone to put an exclamation mark on the phrase “safe and stable” …here you go. This is not a company to roll the dice investing. They believe Iraq is a safe and stable and attractive investment atmosphere. 

 Question:  Mark, do you still think RV will happen around January 2nd?  MarkZ:  I think it will…but no one knows the timing. 

 Question:  Is HCL done?  MarkZ:  Not yet. We know they have made a lot of progress last week according to articles. 


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WOLVERINE:“ This was the holdup… now we are ready to go" @DINARREVALUAT...

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SUDANI DIRECTS A COMPREHENSIVE EVALUATION AND RESTRUCTURING OF TAX ADMINISTRATION SYSTEMS IN IRAQ

SUDANI DIRECTS A COMPREHENSIVE EVALUATION AND RESTRUCTURING OF TAX ADMINISTRATION SYSTEMS IN IRAQ

December 18, 2025 

On Thursday, outgoing Prime Minister Mohammed Shia al-Sudani directed that a comprehensive evaluation and restructuring of all tax administration systems in Iraq, including their specific policies, be carried out.

This came during his chairmanship of a special meeting to follow up on the implementation of the comprehensive tax system governance, in the presence of senior staff of the General Authority for Taxes and relevant institutions, and representatives of the consulting firm “Oliver Wyman”, according to a statement issued by the Sudanese Media Office.

The statement said that the meeting reviewed previous efforts to follow up on the comprehensive development of the tax administration sector through reform steps, most notably attracting specialized international companies to work on the integrated automation of tax departments, and a detailed presentation was given to these companies.

Al-Sudani also directed the Supreme Committee for Tax Reform to study the Oliver Wyman program in planning and implementation and to submit a detailed report on it, as this program included an integrated work methodology for reforming and developing tax administration, as a fundamental and pivotal pillar for increasing sustainable government revenues, in order to reach a tax administration that is characterized by transparency and fairness, and contributes to raising Iraq’s financial and investment ranking.

According to the statement, the meeting reviewed a number of similar experiences in Arab countries, the extent of development that has occurred in their work, and the amount of tax increases achieved during the first year of implementation.

Iraq had the highest income tax rate among Arab countries for the year 2024, according to infoflix.

Recent economic data seen by Shafaq News Agency shows that Mauritania topped the list of Arab countries in terms of the highest income tax rates for 2024 at 40%, followed by Morocco at 38%, then Algeria and Tunisia at 35% each. Egypt came in fifth place with 26%, followed by Lebanon with 25%, followed by Syria in seventh place with 22%, while Jordan came in eighth place with 20%. Iraq and Sudan came in last place with 15% each, reflecting a clear disparity in tax policies among Arab countries.

Economic experts believe that the decline in the income tax rate in Iraq is due to ongoing efforts to attract investments and stimulate the private sector, in light of the economic challenges facing the country, especially the heavy reliance on oil revenues.

The tax system in Iraq also continues to face difficulties in implementation and modernization, which affects the state’s ability to maximize non-oil revenues.

At the end of August, Al-Sudani confirmed that Iraq faces a major economic challenge, namely the priority of reform and the transition to a diversified economy, noting that the size of public spending in each fiscal year amounts to about 150 trillion dinars, compared to tax revenues that do not exceed 3 trillion.

In a speech during the tax conference for economic development and revitalizing the investment environment held in Baghdad, Al-Sudani said, “The general budget amounts to about 150 trillion dinars annually, compared to tax revenues that do not exceed 3 trillion, and these figures need to be examined and reviewed.”

He added that “reform decisions in the economic field were previously exploited within the framework of slogans and pressure on official institutions,” noting that “the government sponsored the tax system reform conference in December 2023, which came out with a package of important recommendations.”

He explained that “Cabinet Resolution (24074 of 2024) put the tax reform packages into effect, followed by the formation of the Supreme Committee for Monitoring Tax Reform,” indicating that “the efforts resulted in international interest from investors in tax reform in Iraq.”

Al-Sudani added that “the government worked to increase non-oil resources despite great caution due to the absence of a supportive political and social environment,” noting that “the index rose from 7% in 2022 to 14% in 2024.”

He noted that “tax revenues increased by 26% during 2024 compared to the previous year, and by 3% in the first half of this year compared to the same period last year,” stressing that “digital transformation has contributed to enhancing tax capacity and accuracy.”

Al-Sudani explained that “the tax inquiry platform has eliminated cases of name similarity, delays, corruption, and undermining the taxpayer’s confidence in tax procedures,” adding that “the system for tax payment receipts and their matching has been completed electronically after it was previously paper-based.”

He affirmed that “there is ongoing communication with reputable international companies to work towards achieving the highest international standards in the tax system,” stressing that “the draft of the new income tax law has adopted international standards, while adhering to social justice and tax allowances for those with lower incomes.”

He pointed out that “the new law that will be enacted soon will be business-friendly and supportive of the green economy and emerging projects,” indicating that “the Supreme Committee for Tax Reform has completed the policy paper on tax accounting for oil companies to address the problems and obstacles to their work.”

Al-Sudani added that “unifying tax procedures between the federal government and the Kurdistan Regional Government of Iraq has facilitated the processing of tax files for universities and private banks,” stressing that “the reforms being achieved represent a message to the citizen to support his political system and manage resources in the best possible way.”

He concluded by saying: “We will not allow a tax increase that leads to a business-repelling climate or comes at the expense of fairness in taxation.”

Shafaq.com

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GOLDILOCKS: How to Build Bank Relationships Before Currency Exchanges: A Practical Step-by-Step Guide

Title: How to Build Bank Relationships Before Currency Exchanges: A Practical Step-by-Step Guide 💡 Introduction: The Smart Approach to Bank...