Tuesday, February 17, 2026

The Iraqi parliament resorts to the Federal Court to resolve the issue of the presidency... document

The Speaker of the Iraqi Parliament, Hebat al-Halbousi, has submitted a request to the Supreme Federal Court to interpret a constitutional provision related to the election of the President of the Republic, given the inability to hold a session with a quorum for this purpose.

According to an official document issued by the Presidency of the House of Representatives, published by Shafaq News Agency, the request is based on the texts of the Constitution and the Federal Court Law, and aims to interpret Article (72/Second/B), which stipulates that the President of the Republic shall continue to exercise his duties after the end of his term until a new president is elected within thirty days from the date of the first session of the House of Representatives.

The document explained that the election of the President of the Republic was not achieved within the constitutional period, despite the House of Representatives continuing to hold its sessions, due to the lack of a legal quorum in more than one session dedicated to this purpose.

The request indicated that the council continues to hold its sessions according to the usual agenda, without including the item of electing the president of the republic, due to the lack of the required quorum, and asked the Federal Court to state the legal opinion on this matter.

The Iraqi constitution stipulates that the president must be elected within a period not exceeding 30 days from the date of the first session of the House of Representatives.

Taking into account this period from the first session held on December 29, 2025, the constitutional time limit ended on the night of January 28, 2026. link

MARKZ: 🚨 Iraq Dinar Revaluation Update: U.S. Congressional Pressure, HCL Progress & Government Breakthrough Signals

Momentum appears to be building inside Iraq — and not just politically, but economically.

Recent developments involving a U.S. congressional delegation, Kurdish leadership, and renewed discussion around the Hydrocarbon Law (HCL) suggest that multiple pieces of the puzzle may be aligning behind the scenes.

Let’s break down what’s happening — and what it could mean for the long-anticipated dinar revaluation (RV).

🇺🇸 U.S. Congressional Delegation Meets Kurdish Leadership

An important development surfaced with reports that a U.S. congressional delegation met with Kurdish officials, reinforcing Washington’s support for stability and protection of the Kurdistan Region.

The Kurdish leadership — including figures aligned with the Nechirvan Barzani — continues to play a critical role in Iraq’s political and economic stability.

Why This Matters

When members of the United States Congress are physically on the ground in Iraq:

It signals urgency.
It shows strategic oversight.
It reinforces regional security coordination.
Read also: Gifted ZIM Holders, 800 Numbers, and Redemption Timeline Explained by Bruce

The Kurdish region is economically vital due to:

Oil production
Revenue-sharing disputes
Border security
Energy exports

Global energy markets remain sensitive. Stability in northern Iraq directly impacts international supply chains — especially amid broader Middle East uncertainty.

Many analysts believe the world economy would benefit from a stronger, internationally aligned Iraqi currency.

🛢️ Hydrocarbon Law (HCL): The Missing Piece?

The Hydrocarbon Law (HCL) has long been considered a cornerstone of Iraq’s economic reform.

If progress is indeed advancing behind closed doors, it would address :

Oil revenue distribution between Baghdad and Erbil
Federal vs. regional authority disputes
Long-term budget certainty
Foreign investment confidence

Some believe officials are intentionally holding announcements to prevent speculation on RV timing.

That would make strategic sense.

Publicly confirming HCL completion could:

Spark currency speculation
Trigger capital movement
Create premature market positioning

If finalized quietly, it could pave the way for synchronized political and monetary announcements.

🏛️ Government Formation: President & Prime Minister Seating

Another key development is the expectation that Iraq may soon seat its President — followed by the Prime Minister — potentially within days.

Government seating is critical because:

Monetary reform requires executive authority
International agreements require full legal leadership
Budget execution requires official sign-off

Without a seated and recognized government structure, major economic shifts — including a rate adjustment — would face legal and operational barriers.

🇺🇸 U.S. Position on Iraqi Leadership

Reports also indicate commentary from Donald Trump regarding Iraqi political candidates, particularly opposition to former Prime Minister Nouri al-Maliki.

Leadership alignment matters.

Washington’s influence in:

Security cooperation
Financial systems
Sanctions compliance
IMF and World Bank engagement

…means that Iraqi leadership decisions carry international weight.

A government more aligned with Western financial systems could accelerate economic normalization.

📌 Featured Snippet: What Could Trigger the Iraq Dinar Revaluation?

Three major factors could accelerate an Iraq dinar rate change:

Finalization of the Hydrocarbon Law (HCL).
Seating of Iraq’s President and Prime Minister.
Stabilized U.S.–Iraq–Kurdistan coordination with international backing.

If these align simultaneously, the pathway to monetary reform becomes significantly clearer.

🔎 Why Some Believe Announcements Are Being Delayed

There is a theory circulating that Iraqi officials may already have:

Necessary HCL components in place
Political agreements drafted
Revenue-sharing mechanisms resolved

But are intentionally withholding public confirmation.

Why?

To avoid:

Currency speculation
Insider advantage
Premature RV expectations
Market volatility

Strategic silence can sometimes signal preparation — not delay.

❓ Q&A: Iraq Dinar Revaluation & Government Formation

Q1: Is the U.S. directly involved in Iraq’s economic reform?

The U.S. plays a strong advisory and security role. Congressional visits reinforce strategic oversight and economic partnership.

Q2: Why is seating the President and Prime Minister so important?

Without formal leadership in place, Iraq cannot legally finalize major reforms or execute large-scale financial policy shifts.

Q3: Is the Hydrocarbon Law really that critical?

Yes. It resolves oil revenue disputes and establishes financial clarity between Baghdad and the Kurdish region — a long-standing barrier to stability.

Q4: Could this move quickly?

Yes. Political breakthroughs in Iraq have historically happened suddenly after prolonged silence. Seating leadership could occur within days once agreements are finalized.

📊 The Bigger Picture

Iraq stands at the intersection of:

Energy security
Regional geopolitics
U.S. strategic interests
Monetary reform modernization

If Kurdish coordination, Baghdad leadership formation, and U.S. oversight converge at the same time, it would represent one of the strongest structural setups seen in years.

Whether announcements are being strategically timed or negotiations are still ongoing, the framework appears active — not stagnant.

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MarkZ

[via PDK]

Article: “US Congressional Delegation assures Barzani of Iraq’s support and protection of the Kurdistan Region” There are congressman on the ground...Delegations are working closely and tightly with the Kurdish Region and Baghdad to try to come up with a solution as quickly as possible. They might not admit it…but the world needs this revaluation.

I think they are moving forward on HCL and have all the necessary components…and don’t want us to know yet. I think they are holding announcements so we can’t speculate on RV timing.

In Iraq: “Trump comments on the coordination Framework candidate. We have some options” He does not want Maliki….We are still waiting for them to seat the President and then the Prime Minister. This could happen very quickly…in a day or two.

FRANK26….2-15-26….BANK STORY

The coordinating framework is looking for an alternative to Maliki

The coordinating framework is looking for an alternative to Maliki.

Iraqi parliamentarian: Election of a president is unlikely without prior political agreement

As pressure mounts to convene a parliamentary session to elect a new president, an Iraqi parliamentarian warned that the process could falter without a prior political agreement. Meanwhile, with the US vetoing Nouri al-Maliki's candidacy remaining in place, a leader in the Hikma Movement revealed that the coordinating body is working to identify a new candidate acceptable to all parties.

Sunday, February 15, 2026 – Iraqi MP Faisal Al-Issawi told Kurdistan 24: “There is intense pressure within Parliament to hold a session dedicated to electing the President of the Republic during this week, but there is no tangible political agreement so far, and it is difficult to proceed with the session without consensus.”

Al-Issawi pointed out that the Speaker of the House of Representatives addressed the Federal Supreme C ourt to request clarification regarding Article (72)/ Paragraph Two/ Clause (B) of the Constitution, which relates to the continuation of the President of the Republic in his duties and setting a date for the election of his successor, stressing that everyone is waiting for the court’s response.

The data indicates that the main obstacle to electing a president lies in the failure to resolve the issue of the prime ministerial candidate within the "coordination framework." According to the Iraqi constitution, the candidate of the largest parliamentary bloc must be tasked with forming the government immediately after the presidential election, thus linking the two positions to each other as a single package.

In this context, Sami Al-Jizani, a member of the Wisdom Movement, stated that "the coordination framework is continuing its political efforts to break the current deadlock, especially in light of the sensitive circumstances and challenges facing the region."

Al-Jizani revealed an "anticipated political breakthrough in the next few days through the introduction of an alternative candidate," explaining that "this candidate will be chosen by consensus of the framework's forces, and must be acceptable and non-controversial at the local, regional, and international levels."

Al-Jizani added that just as the Shiite forces contributed to supporting the Sunni component to decide the election of the Speaker of Parliament, efforts are now focused within the "Shiite House" to overcome internal differences.

Although Nouri al-Maliki remains the only official candidate of the Coordination Framework for the premiership at the moment, American reservations and the refusal to assign him have pushed the Framework's forces towards searching for alternative options to ensure the government's passage.link

JEFF: 🔥 Iraq Dinar Revaluation 2026: Government Formation Delay or U.S.–Iran Tensions? What’s Really Holding the Rate Change?

🇮🇶 Scenario #1: Government Formation Timing and Rate Strategy

One possibility is that leadership in Iraq is carefully managing the timing of a rate adjustment alongside the finalization of government formation.

Why Would They Do This?

Currency reform is not just a financial event — it is political, economic, and strategic.

A rate change tied to:

Cabinet confirmations
Budget implementation
Oil revenue alignment
Monetary reform rollout

…would require stability and coordination between:

The Central Bank
The Ministry of Finance
Parliamentary leadership

If officials are withholding clear timelines, it could be intentional — designed to prevent speculation, capital flight, or insider positioning before the public announcement.

Could This Be a Strategic “Blackout”?

It’s possible authorities are limiting public transparency to:

Control market behavior
Prevent speculative surges
Coordinate international banking synchronization
Avoid internal political backlash

In this scenario, silence does not equal delay — it equals preparation.

🌍 Scenario #2: U.S.–Iran Military & Nuclear Tensions

The second major factor involves geopolitical developments between the United States and Iran.

Heightened military positioning, sanctions enforcement, and negotiations around nuclear agreements can significantly impact:

Regional banking stability
Oil trade routes
Dollar liquidity
Security risk perception

If Washington is applying strategic pressure toward Tehran, Iraq often finds itself in the middle due to its geographic and political position.

Why Would This Affect the Dinar?

Iraq's economy is deeply interconnected with:

U.S. dollar transactions
Regional energy markets
Cross-border financial agreements

Any escalation — or even tense negotiations — could temporarily slow major financial announcements, including currency adjustments.

⏳ Are We Waiting Until Late 2026?

There has been discussion suggesting the second half of 2026 as a realistic timeline.

However, many analysts strongly disagree with that projection.

Here’s why:

Iraq has already implemented structural financial reforms.
Oil revenues remain strong.
Banking digitization efforts are advancing.
International integration initiatives are ongoing.

A delay until late 2026 would imply major structural breakdown — which current indicators do not strongly support.

📅 Why February Is Still in Focus

There is growing speculation that if no major military escalation occurs, a rate change could potentially happen within February.

Why February?

Start-of-year fiscal alignment
Budget execution timing
Lower geopolitical volatility windows
Strategic economic rollout alignment

If geopolitical tensions remain controlled and no direct military actions disrupt the region, February remains a logical window for financial adjustments.

📌 Featured Snippet: What Is Delaying the Iraq Dinar Revaluation?

Two main factors may be influencing the timing of a potential Iraq dinar rate change:

Strategic timing linked to government formation and fiscal alignment.
Regional geopolitical tensions involving the U.S. and Iran that could temporarily delay major financial moves.

If geopolitical stability holds, analysts believe the delay may not extend far into 2026.

❓ Q&A: Iraq Dinar Revaluation 2026

Q1: Is Iraq intentionally hiding the revaluation date?

It’s possible that authorities are limiting public transparency to prevent speculation and maintain financial control during reform implementation.

Q2: Could U.S.–Iran tensions delay the RV?

Yes. Regional instability or military escalation could temporarily delay financial reforms, including currency adjustments.

Q3: Are we really waiting until the second half of 2026?

Current structural and fiscal indicators suggest that a prolonged delay into late 2026 is unlikely unless major geopolitical disruptions occur.

Q4: Could the rate change happen this month?

If no significant military escalation develops and government coordination is finalized, February remains a realistic window according to some analysts.

🔎 Key Economic Indicators to Watch

Iraqi government formation announcements
U.S.–Iran diplomatic developments
Central Bank policy updates
Oil revenue reports
Regional security stability

These factors will likely determine short-term movement more than speculation alone.

📈 Final Analysis

There are two plausible explanations for the current silence and timing uncertainty:

✔ Strategic political and financial synchronization
✔ Geopolitical caution amid U.S.–Iran tensions

What seems less likely is a delay stretching into late 2026 without a major destabilizing event.

If military tensions remain contained and fiscal reforms continue progressing, the window for a rate adjustment appears much closer than some projections suggest.

As always, stay grounded in verified developments and avoid emotional speculation.

🔥 Hashtags

#IraqDinar #DinarRevaluation #IQD #ForexNews #MiddleEastEconomy #CurrencyReform #RVUpdate #GlobalMarkets #IraqEconomy #BreakingFinancialNews #Geopolitics #OilMarkets #FebruaryRV #DinarInvestors

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Jeff

Are they just trying to keep us in the dark about the formation of the government and its timing so we don't know when they're going to change the rate or is it the military actions of what the US government is doing towards Iran? There's two different scenarios..

.I think they're either trying to mask the rate change date from us so we don't really know what's going on, or the military actions towards reaching a nuclear agreement with Iran. One of those two factors is what's so-called delaying this.

Some people keep talking about this happening in the second half of '26. Absolutely not. We're not waiting till the second half of '26 on this. IMO we're not that far away...I'm still comfortably positioned within the month of February...If there isn't any type of military actions...the rate could change this month of February..

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