Tuesday, January 6, 2026

Monday’s Parliament: The “Key” To The Three Presidencies And The Gateway To Drawing The Map Of Power In Iraq

Monday’s Parliament: The “Key” To The Three Presidencies And The Gateway To Drawing The Map Of Power In Iraq

(As I post this article its Monday morning in Germany, the first phase of the appointing the three presidencies is done. See next article.)

All eyes will be on Monday (December 29, 2025) on a parliamentary session described as the most sensitive since the start of the recent political elections, not only because it will put the parliament in control of its presidency, but also because it represents an early gateway to determining the direction of the three presidencies, and an initial test of the blocs’ ability to produce a balanced settlement before moving on to more weighty issues related to the formation of the government, the cabinet, and the course of agreements within the state.

Why is tomorrow’s session crucial?

Rebin Salam, a member of the Kurdistan Democratic Party, said that tomorrow’s session is a historic and pivotal moment in the course of the political process in Iraq, both internally regarding the formation of the cabinet and in taking the first step to determine the three presidencies.

Salam explained in an exclusive interview with “Baghdad Today” that tomorrow’s session is the most complex compared to the rest of the political entitlements, because it is dedicated, according to the Iraqi constitution, to choosing the presidential body of the House of Representatives, and not just the Speaker of the House, indicating that the selection of this body is directly linked to the entitlements of the other components, and is not limited to the Sunni component.

Background to the session: A full presidential body, not just one position.

The sensitivity of the session is highlighted by the fact that it does not decide on a single position, but rather draws up a complete structure within the legislative institution through the election of the president and his two deputies, which makes it a pivotal point for subsequent paths, because the confirmation of the parliament’s presidency often reflects on the form of consensus regarding the other two sovereign positions in the state, and turns the vote into a political signal that goes beyond the parliament hall towards the entire map of power.

According to Salam, the complexity of the session is not due to the names alone, but rather to the fact that the “Presidency Body” is linked to the balances of the components, the arrangements of the blocs, and what it may open up to in terms of mutual demands when moving to the presidency of the Republic and the premiership, which makes any detail within Parliament counted within a broader basket of calculations.

The most prominent issue: First Deputy and Second Deputy

Salam pointed out that the main problem lies in choosing the first and second deputy speakers of the House of Representatives, as they constitute the most prominent obstacle in this entitlement, noting that the position of second deputy is currently occupied by Shakhwan Abdullah, who belongs to the Kurdistan Democratic Party, at a time when it is likely that the position of President of the Republic will be allocated to the Patriotic Union of Kurdistan, which adds more complexity to the scene.

In this context, the issue of the two deputies turns into a double balancing test: a balance within the parliament related to the distribution of influence within the presidency, and another balance related to what will become of the “basket of entitlements” at the state level, especially within the Kurdish house, with the likelihood of the presidency going to the Patriotic Union, in contrast to the Democratic Party’s adherence to its position within the parliament’s presidency.

Other blocs’ positions: Sensitivity to combining positions

Salam added that the distribution of these positions is also linked to the positions of other political blocs, including the Development and Reconstruction bloc, which does not tend to combine the premiership and the first deputy speaker of parliament within one political entity, which makes the consensus process more complicated and sensitive, because the dispute here is not about one position in isolation from others, but rather about the shape of the balance within the authority, and the limits of concentrating the decision in one entity.

What will the session reveal?

Salam concluded by saying that the outcomes of tomorrow’s session will reveal the features of the next stage and clearly define the political path for the other two sovereign positions in the state, namely the presidency and the second position in the Iraqi power pyramid, indicating that what will happen inside the parliament will not remain limited to electing the council’s leadership, but will turn into an indicator of the direction of future settlements, either the beginning of a smooth understanding process, or the beginning of a complication that extends to the rest of the entitlements.


🇮🇶 Clare & Jeff: Iraq Rejects Dinar Devaluation — Understanding the 1:1 Exchange

🇮🇶 Clare & Jeff: Iraq Rejects Dinar Devaluation — Understanding the 1:1 Exchange

Why Iraq’s Central Bank Says Devaluation Is Not the Solution


Commentary based on Clare and Jeff


💬 Central Bank Rejects Devaluation

Clare reports that a Sudanese government advisor told Rudaw:

“Devaluing the dinar is the worst way to address the budget deficit.”

Saleh, an Iraqi Central Bank official, reinforced this:

  • The CBI strongly rejects using devaluation to cover fiscal gaps

  • The official dollar price will remain at 1,320 IQD

  • Policy focus remains on structural reform, not short-term currency adjustments

This is a clear signal that Iraq is not moving toward devaluation, but rather planned redenomination.


💱 Jeff Explains 1:1 Redenomination

Some investors hear:

“The dinar will go 1 to 1!”

Jeff clarifies: Yes — but only inside Iraq.


🏪 Inside Iraq: 1:1 Purchasing Power

  • 25,000 dinar note today buys a grocery basket

  • After redenomination, a 25 dinar note buys the exact same basket

  • This is called purchasing power parity (PPP)

So, within Iraq, it is effectively 1 to 1.


🌐 Outside Iraq: International Value

  • The international value is separate from domestic PPP

  • Example: If a 25,000 dinar note equals $75,000, the new 25 dinar note equals $0.75

  • This reflects exchange rate logic rather than domestic spending power

Jeff emphasizes:

“You have to look at this from two angles — inside Iraq versus outside Iraq.”


🔍 Why Devaluation Is Not an Option

Devaluing to cover budget deficits is problematic:

  • It erodes public confidence in the currency

  • It increases inflation risks

  • It undermines the planned redenomination and economic reforms

  • It does not address structural fiscal issues

Instead, Iraq is pursuing:

  • Monetary reform

  • Redenomination

  • International trade readiness

  • Stable internal pricing


⭐ Featured Snippet 

Iraq’s Central Bank rejects devaluation to cover budget deficits. Redenomination at 1:1 maintains domestic purchasing power but differs internationally.


❓ Q&A: Clare & Jeff on Dinar Reform

Q: Will Iraq devalue the dinar to fix budget gaps?

A: No — the CBI rejects devaluation and keeps the official rate at 1,320 IQD/USD.

Q: What does 1:1 mean?

A: Domestically, prices remain stable — 25,000 IQD today equals 25 IQD after redenomination.

Q: How does this affect international exchange?

A: Internationally, value is scaled — a 25 IQD note abroad may only equal $0.75 if the original note was 25,000 IQD.

Q: Why is redenomination safer than devaluation?

A: It preserves purchasing power, prevents inflation, and supports structural economic reforms.


🧠 Final Thoughts

Iraq’s monetary reform is carefully planned, avoiding the pitfalls of reactive devaluation.

  • Domestic 1:1 redenomination protects citizens

  • International exchange rates are managed separately

  • Fiscal health depends on structural reforms, not short-term shocks

This is a controlled, deliberate approach rather than a rushed currency adjustment.


🔗 Join Our Community & Follow Updates

📘 Blog:
👉 https://dinarevaluation.blogspot.com/

📢 Telegram:
👉 https://t.me/DINAREVALUATION

📘 Facebook:
👉 https://www.facebook.com/profile.php?id=100064023274131

🐦 X (Twitter):
👉 https://x.com/DinaresGurus

▶️ YouTube:
👉 https://www.youtube.com/@DINARREVALUATION


📈 Hashtags

#IraqiDinar
#CBI
#DinarRedenomination
#1to1Dinar
#IQDUpdate
#CurrencyReform
#MonetaryPolicy
#GlobalFinance
#EconomicStability
#FinancialReset

Clare  

 Article:  "An advisor to the Sudanese government told Rudaw: Devaluing the dinar is the worst way to address the budget deficit

  Quote:  "Saleh, stated that the Central Bank of Iraq strongly rejects resorting to devaluing the dinar against the dollar to cover the budget deficit, stressing that "the official price of the dollar will remain as it is at 1320 dinars..."

Jeff 

  Some of you say, 'We've heard this will be 1 to 1.'  Technically, yeah, it's going to be 1 to 1.  But you got to look at this from two different angles...Hear me carefully on this.  It'll be 1 to 1 only within the country of Iraq, not outside.  Here's why...

Whatever you can buy at the grocery store for a 25,000 dinar note...you'll be able to buy the same exact items with a 25 dinar note after.  So yeah, in the country of Iraq it'll be 1 to 1...What about outside Iraq

 There's the dinar against foreign currency value...Let's use a $3.00 as example.  You would have a 25,000 note that would be worth $75,000.  A 25 note is worth $0.75 cents. 

Your Quick Guide to Level 4B Redemption #iqd #iqdrate #iraqidinar

Sources: Measures and solutions to reduce the dollar exchange rate against the dinar in local markets

 Sources: Measures and solutions to reduce the dollar exchange rate against the dinar in local markets

 Economically,the exchange rate of the US dollar continues to rise against the Iraqi dinar in local markets, with trading indicators approaching the 150,000 dinar mark for every 100 dollars in many governorates, in a development that has raised concerns among economic circles and citizens alike.

Banking reports indicated that the exchange rate reached levels close to this threshold, with prices ranging around 147,000-150,000 dinars per 100 dollars recorded in exchange bureaus and shops in Baghdad, Erbil and other cities, after a relative stability of the dinar earlier this year.governmentBaghdadGovernment sources confirmed to Iraqi media outlets that a series of governmental and monetary measures are being implemented or planned to contain the surge in the dollar's value and attempt to lower its price against the dinar in the parallel market. 

 These measures include: strengthening oversight of the exchange market and curbing speculation.

Sources indicated that relevant authorities are focusing on monitoring buying and selling activity in unofficial markets and attempting to limit speculation, which is considered a driving factor behind the rise in the price of foreign currency. 

This step comes within the framework of efforts to control prices and reduce the gap between official and parallel exchange rates.Encouraging official transactions through banks and official platforms is also being pursued.

Central Bank of IraqGovernment agencies are encouraging transactions in US dollars through official banking channels and facilitating access to the currency for citizens and merchants from the official market at fixed rates, in an effort to alleviate pressure on the parallel market.
This includes utilizing reserves.

 Iraq-Regarding hard currency,economic sources stated that the country's hard currency reserves play a role in calming the market, as they contribute to meeting the real demand for dollars and reducingAsylumThe parallel market, along with efforts to finance foreign trade to support legitimate demand, has prompted economic and public reactions

 A number of merchants and citizens have expressed concern about the impact of the rising exchange rate on import costs and consumer goods prices, especially given the economy's reliance on imports. 

Some economic entities have called on the Baghdad government to intervene swiftly to address the dinar's decline and ensure price stability. In contrast, experts believe that current government measures may take time to produce tangible results in the markets, and that the issue is not simply about reducing the exchange rate, but requires a comprehensive package of financial and monetary reforms to improve investor confidence and reduce dependence on the parallel market. 

With the dollar approaching unprecedented levels in the Iraqi market, monetary and governmental authorities in Baghdad face a challenge that necessitates coordination between fiscal, monetary, and regulatory policies to curb currency volatility, while simultaneously working to calm markets and restore public confidence in the Iraqi dinar, in an attempt to push the exchange rate toward more stable levels in the coming weeks. link


🌍 Militia Man: Iraq Prepares for WTO Membership — Economic Signals Are Clear

Is This the Prelude to a New Exchange Rate?

Commentary based on Militia Man


🏛️ WTO Preparations Announced

On January 4, 2026, Iraq’s Ministry of Trade revealed advanced preparations for World Trade Organization (WTO) membership.

Key steps include:

  • Legislative updates

  • Bilateral negotiations

  • Scheduling of the 4th working party meeting

Interestingly, the Ministry did not explain why these steps were delayed or why they weren’t completed in the first quarter of 2025

.

Militia Man suggests the reason is clear:

“Probably has an exchange rate orientation to it.”


💱 Exchange Rate Implications

According to Militia Man, these WTO steps are more than procedural. They reflect Iraq’s preparation to:

  • Align trade frameworks with international standards

  • Reduce barriers to foreign investment

  • Integrate the redeemed or redenominated dinar into global markets

This supports the growing narrative that economic reform and currency normalization are driving policy behind the scenes.


🧑‍💼 Leadership is Secondary

Militia Man emphasizes that, regardless of political figures — Maliki, Al-Abadi, or Al-Sudani — the focus is on economic stability:

“They told you that’s secondary to the economic situation.”

Al-Sudani’s policies, in particular, are credited with:

  • Directly supporting citizen welfare

  • Promoting financial transparency

  • Maintaining political and economic stability


💰 Iraq’s Economic Strengths

Iraq is sitting on tremendous resources, which makes global market integration feasible:

  • Natural resources estimated at $16 trillion

  • Low inflation

  • Large foreign reserves and gold holdings

  • Significant non-oil revenue streams

Militia Man notes that these factors reduce risk for international partners like the European Bank for Reconstruction and Development, which recently approved a $100 million facility.


🌐 Iraq Headed for Global Markets

The WTO steps and financial preparation signal Iraq is positioning itself globally:

  • Opening trade for international investors

  • Creating confidence in currency and fiscal reforms

  • Paving the way for an internationally tradable dinar

Militia Man’s conclusion is clear:

“They’re headed into the global markets. It’s obvious. It’s clear as day.”


⭐ Featured Snippet 

Iraq’s WTO preparations may be closely tied to currency reform and a new exchange rate, signaling the country’s readiness for global financial integration.


❓ Q&A: Militia Man Insights

Q: Why are WTO preparations significant for Iraq?

A: They indicate readiness to integrate into global trade and support a potential new exchange rate.

Q: Does leadership affect these reforms?

A: Political figures are secondary; economic stability drives action.

Q: What makes Iraq attractive for international partners?

A: Natural resources, low inflation, foreign reserves, non-oil revenue, and political stability.

Q: Could this signal a redenominated dinar for international trading?

A: Yes — Militia Man suggests WTO integration is part of the larger exchange rate orientation.


🧭 Final Thoughts

Iraq’s WTO moves are more than procedural — they are strategic, aligning the country for:

  • Global market participation

  • Economic diversification beyond oil

  • Exchange rate reform

The signals are unmistakable: Iraq is preparing for its international debut.


🔗 Join Our Community & Follow Updates

📘 Blog:
👉 https://dinarevaluation.blogspot.com/

📢 Telegram:
👉 https://t.me/DINAREVALUATION

📘 Facebook:
👉 https://www.facebook.com/profile.php?id=100064023274131

🐦 X (Twitter):
👉 https://x.com/DinaresGurus

▶️ YouTube:
👉 https://www.youtube.com/@DINARREVALUATION


📈Hashtags

#MilitiaMan
#IraqiDinar
#WTOIraq
#ExchangeRateUpdate
#GlobalFinance
#IQDReform
#MonetaryPolicy
#NonOilRevenue
#EconomicStability

#FinancialIntegration 

Militia Man 

 The Ministry of Trade announced on January 4, 2026 advanced preparations for Iraq's World Trade Organization membership.  

This includes legislative updates and bilateral negotiations with the 4th working party meeting expected soon.  They don't tell you why. 

 Why didn't they tell you, why they didn't do it the first quarter of 2025

...Probably has an exchange rate orientation to it..

 I don't care if you think Maliki...Al-Abadi or Sudani is going to be the guy, they told you that's secondary to the economic situation.  We'll see who it is but it's obvious to everyone that Al-Sudani and what he's done has been directly related to taking care of the citizens...

Iraq has lots of natural resources, somewhere in the neighborhood of 16 trillion.  You have to take that into consideration. 

 Low inflation, plenty of foreign reserves, plenty of gold...and a huge amount of non-oil revenue streams, ties to global financial integration, political stability reduces risks for International partners such as the European Bank for Reconstruction and Development $100 million dollar facility...They're headed into the global markets.  It's obvious.  It's clear as day...

FRANK26….1-5-26……PARLIAMENT WANTS ALAK

Sources: Measures and solutions to reduce the dollar exchange rate against the dinar in local markets

  Sources: Measures and solutions to reduce the dollar exchange rate against the dinar in local markets

 Economically,the exchange rate of the US dollar continues to rise against the Iraqi dinar in local markets, with trading indicators approaching the 150,000 dinar mark for every 100 dollars in many governorates, in a development that has raised concerns among economic circles and citizens alike.

Banking reports indicated that the exchange rate reached levels close to this threshold, with prices ranging around 147,000-150,000 dinars per 100 dollars recorded in exchange bureaus and shops in Baghdad, Erbil and other cities, after a relative stability of the dinar earlier this year.governmentBaghdadGovernment sources confirmed to Iraqi media outlets that a series of governmental and monetary measures are being implemented or planned to contain the surge in the dollar's value and attempt to lower its price against the dinar in the parallel market. 

 These measures include: strengthening oversight of the exchange market and curbing speculation.

Sources indicated that relevant authorities are focusing on monitoring buying and selling activity in unofficial markets and attempting to limit speculation, which is considered a driving factor behind the rise in the price of foreign currency. 

This step comes within the framework of efforts to control prices and reduce the gap between official and parallel exchange rates.Encouraging official transactions through banks and official platforms is also being pursued.

Central Bank of IraqGovernment agencies are encouraging transactions in US dollars through official banking channels and facilitating access to the currency for citizens and merchants from the official market at fixed rates, in an effort to alleviate pressure on the parallel market.
This includes utilizing reserves.

 Iraq-Regarding hard currency,economic sources stated that the country's hard currency reserves play a role in calming the market, as they contribute to meeting the real demand for dollars and reducingAsylumThe parallel market, along with efforts to finance foreign trade to support legitimate demand, has prompted economic and public reactions . 

 A number of merchants and citizens have expressed concern about the impact of the rising exchange rate on import costs and consumer goods prices, especially given the economy's reliance on imports. 

Some economic entities have called on the Baghdad government to intervene swiftly to address the dinar's decline and ensure price stability. In contrast, experts believe that current government measures may take time to produce tangible results in the markets, and that the issue is not simply about reducing the exchange rate, but requires a comprehensive package of financial and monetary reforms to improve investor confidence and reduce dependence on the parallel market. 

With the dollar approaching unprecedented levels in the Iraqi market, monetary and governmental authorities in Baghdad face a challenge that necessitates coordination between fiscal, monetary, and regulatory policies to curb currency volatility, while simultaneously working to calm markets and restore public confidence in the Iraqi dinar, in an attempt to push the exchange rate toward more stable levels in the coming weeks. link

Iraq Crisis 2026: U.S. Strategy, Oil Market Impact & Global Investment Risks Explained

🌍  Breaking: New Claims About U.S. Plans in Iraq The latest developments in Iraq are raising serious concerns among global investors, energ...