The House of Representatives publishes the agenda for its second session and moves towards voting on its internal regulations
The media department of the Iraqi parliament published today, Saturday, the agenda for the second session of the sixth electoral cycle, for the first legislative year, first chapter.
The department stated that the session is scheduled to be held next Monday, January 5, 2026, at 10:00 AM, indicating that the agenda is limited to three main items.
She added that the first paragraph includes voting on the internal regulations of the House of Representatives, while the second paragraph stipulates the formation of a committee that will select members of parliamentary committees in accordance with the provisions of the internal regulations, and the third paragraph is to be dedicated to conducting general discussions.
The Iraqi parliament held its first session of its new term on December 29, during which it voted to elect Hebat al-Halbousi as Speaker of the House, Adnan Faihan as First Deputy Speaker, and Farhad al-Atroushi as Second Deputy Speaker. link
🇮🇶 Iraq at a Breaking Point: What’s Really Happening on the Ground?
The situation in Iraq is escalating rapidly as public frustration intensifies, especially among youth and unemployed citizens. According to a boots-on-the-ground report shared by Frank26, Iraqis believe reforms are moving far too slowly, and patience is running out.
This is not just political noise — this is a population that expects change, demands accountability, and knows what has been promised to them.
🔍 Boots-on-the-Ground Insight from OMAR
OMAR: “Many Iraqis feel reforms are too slow and patience is wearing thin, especially among the youth and the unemployed population.”
Iraq’s younger generation sees little opportunity and growing delays in reforms that were supposed to bring economic relief, job creation, and stability. These delays are fueling anger, protests, and rising distrust toward leadership.
💰 Purchasing Power: The Promise Everyone Knows
FRANK: “They know purchasing power is coming and has been promised to them. They know who says to them it’s coming all the time. And they know the one that pulls the trigger doesn’t open his mouth except to say, ‘I got no plans in doing anything.’”
The Iraqi citizens are not uninformed. They understand monetary reform, expectations around currency value, and the importance of timing.
🚨 Protests, Violence, and Political Stalemate
OMAR: “Television is showing foreign contractors, some of them Americans, being attacked at hotels by protesters. Citizens are very upset.”
Tensions have spilled into the streets. Reports show:
Attacks on hotels
Foreign contractors targeted
Protests increasing in intensity
Why? Because Prime Minister Sudani, voted in on November 11, has still not been officially named, and reforms are stalled.
🗳️ Broken Promises & Growing Distrust
“The citizens are upset at the reforms and the lies. This is going sideways fast…”
From the Iraqi perspective:
Votes were cast
Expectations were set
Promises were made
Yet the results have not materialized. This disconnect is dangerous for stability and trust in governance.
🌫️ When the Smoke Clears…
FRANK: “When the smoke clears… everything will be fine.”
Despite the chaos, Frank26 remains confident. History shows that moments of peak pressure often precede major breakthroughs, especially in economic and monetary reform.
The current unrest may be the final catalyst needed to force decisive action.
⭐ Featured Snippet: Key Takeaway
Why are Iraqis protesting right now? Iraqis are protesting due to delayed political reforms, rising unemployment, lack of purchasing power, and frustration over unfulfilled promises following recent elections.
❓ Q&A: Iraq Reforms and Purchasing Power
Q: Why is Iraq facing protests now?
A: Delays in naming leadership, slow reforms, unemployment, and broken promises have pushed public frustration to the edge.
Q: What does “purchasing power” mean for Iraq?
A: It refers to improved currency value and economic strength, allowing citizens to afford more with their income.
Q: Who is expected to make the final decision?
A: According to Frank26, the authority that “pulls the trigger” is well known — and their silence is part of the problem.
Q: Is this situation positive or negative long-term?
A: While chaotic now, many believe this pressure will lead to necessary reforms and economic resolution.
📈 Why This Matters for Global Watchers
Iraq’s stability impacts global energy markets
Monetary reform affects international investors
Political clarity is essential for regional security
This is not an isolated event — it’s a global economic signal.
🔔 Final Thoughts from Frank26
This boots-on-the-ground report shows a country on the edge of transformation. The pressure is real. The anger is visible. And the expectations are clear.
History suggests that when people know what’s coming and demand it loudly enough — change follows.
OMAR: Many Iraqis feel reforms are too slow and patience is wearing thin especially among the youth and the unemployed population.
FRANK: They know purchasing power is coming and been promised them. They know who says to them it's coming all the time. And they know the one that pulls the trigger doesn't open his damn mouth except to say, 'I got no plans in doing anything.'
OMAR: Television showing foreign contractors, some of them Americans, being attacked at hotels by protesters. Citizens are very upset. They voted on November 11th for Sudani to be the prime minister and he's still not named. And the citizens are upset at the reforms and the lies. This is going sideways fast... FRANK: ...When the smoke clears...everything will be fine.
Frank26: How Global Security, Oil Economies, and Venezuela Impact the Iraqi Dinar Monetary Reform
The question many investors and followers of the Iraqi dinar (IQD) monetary reform continue to ask is both complex and global in nature:
Does Venezuela’s situation affect the Iraqi dinar monetary reform?
According to Frank26, the answer is nuanced — not directly, but undeniably connected.
In this in-depth analysis, we break down Frank26’s insights on global security, oil economies, geopolitical stability, and how these factors influence Iraq’s long-awaited monetary reform. We also explore his powerful lesson on wealth preservation, a principle many overlook.
Does Venezuela Affect the Iraqi Dinar Revaluation?
Short Answer: Not Directly — But It Is Tangible
Frank26 clearly states that Venezuela’s situation does not directly control or delay
Iraq’s monetary reform. However, it does matter in a broader, global sense.
Why?
Because Iraq’s monetary reform does not exist in isolation.
What Does Monetary Reform Truly Require?
The Core Foundations: Security and Stability
Frank26 emphasizes that security and stability are the primary requirements for any successful monetary reform.
✔ Iraq has made major progress ✔ Security inside Iraq has improved ✔ Financial and banking reforms are in place
However, monetary reform also depends on regional and global stability, especially among oil-producing nations.
Why Oil-Producing Nations Matter
Countries heavily dependent on oil share interconnected economic destinies. According to Frank26, this includes:
Iraq
Iran
Venezuela
Colombia
Cuba
Other emerging or sanctioned economies
When instability affects one oil nation, the ripple effects touch global markets, currencies, and geopolitical alliances.
The United States and Global Hope
Frank26 offers a strong opinion:
Many nations are praying for the United States to step in and help restore balance, security, and economic opportunity.
The presence of U.S. leadership, diplomacy, and economic influence creates hope, especially in regions suffering from sanctions, corruption, or internal collapse.
This is not just political — it’s
monetary.
Iran, Iraq, and Regional Stability
Frank26 highlights Iran as a central destabilizing force in the region:
Iran impacts Iraq’s security
Iran influences oil markets
Iran’s instability affects neighboring economies
He believes Iran may soon face the same pressures and transformations seen in other struggling nations, potentially reducing its disruptive influence on Iraq.
Featured Snippet: Key Insight from Frank26
“Monetary reform requires security and stability. Iraq has it internally, but the world must also stabilize — especially oil-producing nations.” — Frank26
Frank26’s #1 Rule of Wealth (Most People Get This Wrong)
One of the most powerful lessons Frank26 shares has nothing to do with currencies — and everything to do with financial wisdom.
Never Spend Your Principal
“I got a million dollars. I’m going to buy a million-dollar home.”
Sounds great — until reality hits.
Hidden Costs People Ignore:
Property taxes
Insurance premiums
Maintenance and repairs
Utilities and staffing
That million dollars disappears faster than expected.
The Smart Wealth Strategy
Frank26’s rule is simple:
✔ Never spend your principal ✔ Live off dividends ✔ Live off interest, royalties, and returns
Wealth is not what you buy — it’s what you keep working for you.
Q&A: Frank26 on Monetary Reform and Wealth
Q: Does Venezuela delay Iraq’s monetary reform?
A: No, but Venezuela’s instability contributes to global uncertainty, which matters.
Q: Is Iraq ready internally for reform?
A: Yes. Iraq has achieved major security and banking milestones.
Q: Why is oil so important to currency reform?
A: Oil economies are globally connected. Instability in one affects all.
Q: What is the biggest mistake new wealthy people make?
A:
Spending the principal instead of living off the returns.
Featured Snippet: Wealth Wisdom
“Wealth is not spending your money. Wealth is letting your money pay you.” — Frank26
Final Thoughts
Frank26 reminds us that monetary reform is both local and global. Iraq has done its part, but the world must also move toward greater stability — especially in oil-dependent nations.
At the same time, personal wealth requires discipline, patience, and wisdom. Whether it’s currencies or finances, the rule remains the same:
Does [Venezuela's situation] affect our monetary reform with the Iraqi dinar?
Not directly but I'm not going to say that it's not tangible. It is.
Why? What do we seek for the monetary reform?
...Security and stability. We got it in Iraq. But we also need it globally, especially those that are dealing with oil...In my strong opinion the people of Iraq...Iran... Venezuela... Columbia...Cuba and many other countries are praying for the United States of America to come and help them...The countries around the world have been given hope...It seems to me that Iran which is the problem for security and stability in Iraq is going to see the same thing...
The #1 thing to know about wealth is never spend your wealth. 'I got a million dollars. I'm going to buy a million dollar home.' Do you know what it cost for a million dollar home insurance? No. Do you know what it costs a million dollar home maintenance? No...property tax? No. Then you're going to blow your million dollars and buy the house? How are you going to afford it? Are you going to keep it? Never spend your principle. Live off the dividends, off of your principle, off the royalties of your principle.
CALLS TO REMOVE OIL FROM THE BUDGET: A BOLD REFORM PATH OR A GAMBLE THAT COULD UNDERMINE IRAQ’S FINANCIAL STABILITY?
The phrase “oil belongs to the people” has been transformed from a constitutional text that is supposed to establish economic justice and sustainable development, into a slogan that is invoked during crises without actually being reflected in the structure of the Iraqi economy.
After decades of almost complete dependence on oil revenues, questions are mounting about the viability of this model, especially in light of the disruption of productive sectors, the decline of agriculture and industry, and the continued fragility of the budget in the face of fluctuations in oil prices.
As the next year and the upcoming budget discussions approach, the debate resurfaces regarding the meaning of public ownership of oil, the limits of its use, and the possibility of moving towards a diversified economy that reduces dependence on a single resource that has proven to be as much a source of danger as a source of funding.
Experts believe that continuing to link the general budget to oil revenues deepens the structural imbalances in the Iraqi economy and keeps the state hostage to the fluctuations of global markets. They warn that this approach has contributed to weakening the productive sectors, especially industry and agriculture, and has transformed the economy into a rentier model that lacks sustainability.
The absence of a clear economic identity and the fluctuation of financial policies have contributed to the mismanagement of public capital, which calls for a review of the philosophy of preparing future budgets and a move towards diversifying sources of income and strengthening non-oil revenues to ensure long-term financial stability.
For his part, economist Abdul Rahman Al-Sheikhli explained that the phrase “oil is the property of the people” in the Iraqi constitution does not mean total dependence on oil revenues to finance the general budget, but rather indicates the people’s ownership of this wealth and the need to manage it in a way that achieves economic sustainability and preserves the rights of future generations.
Sheikhly told Iraq Observer that “the monarchical governments in Iraq did not include oil revenues in the general budget, but rather allocated them for emergencies,” emphasizing that “this approach was more disciplined compared to the financial policies adopted at present.” He added that “Articles 111 and 11 of the Iraqi Constitution clearly stipulate that oil belongs to the people, which means that the general budget must be directed towards relying on non-oil revenues, and oil should not be the primary source for covering operational expenses.”
Al-Sheikhli pointed out that “oil has turned into a liability to the Iraqi economy at the present stage, as a result of the almost complete dependence on it, which has caused a large number of production plants to stop, and the decline of the agricultural sector, on which Iraq was mainly dependent in securing its needs.”
He emphasized that “this dependence has created a fragile economy and stifled production, contributing to the weakening of genuine development opportunities,” calling for “the revitalization of the industrial and agricultural sectors as sustainable sources of national income.” Al-Shaykhli stressed “the necessity for next year’s budget to include a reduction in dependence on oil, limiting it to no more than 49 percent of total revenues, thus ensuring the diversification of income sources and mitigating the risks associated with oil price volatility.” Article (111) of the Constitution of the Republic of Iraq of the year (2005) in force states that “Oil and gas are the property of the Iraqi people in all regions and governorates.”
According to experts, this text is consistent with public international law, which considers natural resources to be the property of the people, not the property of parties or the authorities, and that the state is only a tool for management, distribution, and development.
This is what was emphasized by the resolutions of the United Nations, including its resolution No. (1803) of 14/12/1962 entitled “Permanent Sovereignty over Natural Resources”, which stressed the need to exercise the right of peoples and nations to permanent sovereignty over their wealth and natural resources in accordance with the interest of their national development and the welfare of the people of the state concerned.
“Iraq’s inflation is extremely low. The Central Bank keeps bragging about that.”
Why inflation matters more than rumors:
Inflation is the primary requirement for raising a currency’s value
Low inflation preserves purchasing power
It signals monetary discipline
It attracts foreign investment
In simple terms: 👉 Low inflation gives the CBI permission to increase the rate.
Political Speed: Elections and Parliament in Record Time
Another major indicator Jeff emphasizes is speed.
“These elections are happening faster than they ever have… They completed their parliament in record time.”
Why speed matters:
Shows political coordination
Reduces uncertainty
Signals readiness for reform
Builds confidence with global partners
This is not the Iraq of delays and gridlock—it’s an Iraq moving with purpose.
The UN Exit: Iraq Declared Fully Sovereign
One of the most overlooked but powerful developments:
“The UN declared Iraq a sovereign state with the UN exiting Iraq. Not coincidental.”
Why this is massive:
Ends international oversight
Confirms full sovereignty
Transfers responsibility to Iraqi institutions
Unlocks independent economic authority
Jeff connects this directly to what comes next.
2026: A Brand-New International Beginning
Jeff frames 2026 as a turning point, not just another year.
“They declared Iraq being a sovereign state towards the end of 2025 when they’re transitioning to a brand new international beginning in 2026.”
What’s rolling out in 2026:
Long-awaited
banking reforms
Comprehensive tax reforms
Massive new international trading systems
Expansion of global trade
A booming commercial environment
One Non-Negotiable Requirement: A Convertible Currency
Jeff makes this point very clear:
“All of that requires a convertible currency.”
Why convertibility is essential:
International trade cannot function without it
Banking reforms require currency transparency
Global investors demand liquidity
Trade settlements need exchange flexibility
No modern trading nation operates with a locked or artificially constrained currency.
What’s Being Hidden? The Timing Factor
Jeff hints that something critical may be unfolding quietly:
“There’s one thing in the midst of all this that’s being hidden from all of us…”
And then asks the question many are watching closely:
“When is Mark Savaya going to Iraq?”
For many observers, key personnel movements often coincide with final execution phases rather than announcements.
Q&A – Key Takeaways Explained Simply
Why can’t Iraq be compared to Zimbabwe?
Because Iraq has low inflation, while Zimbabwe had runaway inflation.
Why does low inflation matter so much?
It’s the main economic condition that allows a currency to rise in value.
Does UN sovereignty affect the dinar?
Yes. Sovereignty gives Iraq full control over its monetary and economic future.
Why is 2026 so important?
It marks the rollout of long-delayed banking, tax, and trade reforms.
Can Iraq launch global trade without a convertible currency?
No. Convertibility is mandatory.
Featured Snippet
Iraq’s extremely low inflation, record-speed elections, UN-declared sovereignty, and sweeping banking reforms point toward one unavoidable outcome: the need for a fully convertible currency as Iraq enters a new international phase in 2026.
Zimbabwe or some of these other ones, have insanely high inflation.
They are not going to be increasing the value of their currency. They can't. It's general economics. Iraq's inflation is extremely low. The Central bank keeps bragging about that...We keep seeing that because the inflation is the key principle that allows them [to increase the rate].
These elections are happening faster than they ever have...They completed their parliament in record time...Everything is coming together correctly and fast, like in record time.
The UN declared Iraq a sovereign state with the UN exiting Iraq. Not coincidental. They're doing this. They declared Iraq being a sovereign state towards the end of the year '25 when they're transitioning to a brand new international beginning in 2026, rolling out banking reforms that have waited for eternity - banking reforms, tax reforms, brand new massive trading systems and launching their trade...booming.
All of that requires a convertible currency. There's one thing in the midst of all this that's being hidden from all of us...when is Mark Savaya going to Iraq?