The budget is postponed… The continuation of salaries in the region depends on temporary mechanisms and monthly agreements
The budget has not yet been finalized, but the mechanism for disbursing salaries to employees of the Kurdistan Region continues according to the current arrangements, which depend on sending monthly data that includes lists of salaries and revenues.
Jamal Kojar, a member of the parliamentary finance committee, announced that the federal government has until next July to send the draft budget law to parliament, stressing that “until the budget law is approved, the salaries of Kurdistan Region employees will continue to be disbursed according to the current mechanism.”
Kujer said: “The Iraqi government can send the draft budget law to parliament as late as June and July without any legal problem arising, even though it should have been sent in October of last year under the Financial Management Law.”
According to the MP, the government could send a draft similar to the “Food Security Law” to Parliament to provide financial liquidity for the implementation of projects, as salaries and necessary expenses are currently secured according to the (1/12) principle of the Financial Management Law.
Regarding the financial entitlements of the Kurdistan Region, Kojer reassured that the process of sending salaries would not stop, adding: “The process of disbursing salaries to employees and recipients in the Kurdistan Region will continue with the same current mechanism until the budget law is approved.”
Currently, the Kurdistan Regional Government is required to send payroll lists, trial balances, and non-oil revenues monthly to Baghdad in order to receive salaries.
In order to receive salaries from Baghdad, the Kurdistan Regional Government currently has to send monthly payroll lists, trial balances, and non-oil revenues.
At the same time, the Iraqi Ministry of Oil must confirm to the Ministry of Finance in an official letter that oil exports through the Kurdistan Region have stopped, and then the salary funds will be disbursed.
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Are exotic currencies like the Iraqi dinar and Vietnamese dong expected to rise?
Experts suggest gradual progress rather than sudden changes, with long-term potential tied to economic reforms, global shifts, and increasing interest in alternative currency systems.
⚠️ It feels slow.
It looks messy. And the noise never stops.
But here’s what most people don’t understand:
👉 Progress in global currencies rarely looks clean — but it can still be real.
Right now, behind the headlines and speculation… something deeper is unfolding.
📊 THE REALITY: SLOW DOESN’T MEAN STOPPED
According to market observers like Militia Man:
Yes, things are still noisy
Yes, progress feels slow
But reforms are actively moving forward
👉 Iraq’s economic framework is still being built — step by step.
And that matters more than hype.
🏛️ POLITICAL NOISE VS ECONOMIC MOMENTUM
Every country faces internal challenges.
Iraq is no different.
Key insight:
Political negotiations create delays and uncertainty
Economic reforms create long-term direction
👉 The mistake? Confusing one for the other.
Despite political friction:
Financial restructuring continues
Institutional alignment progresses
Economic planning moves forward
📈 WHY THIS MOMENT MATTERS
Even if it doesn’t look dramatic…
👉 Momentum is building under the surface.
And historically:
Major financial shifts are preceded by slow, structured groundwork
Not sudden announcements.
🌍 RISING ATTENTION: IQD, VND & GLOBAL CURRENCY SHIFTS
According to analyst Sandy Ingram:
👉 Interest in “exotic currencies” is expected to increase over the next two years.
This includes:
Iraqi Dinar (IQD)
Vietnamese Dong (VND)
Discussions around alternative global currency systems
🔮 THE 2028 OUTLOOK (BIG PICTURE)
The projection isn’t about next week.
It’s about positioning.
👉 The idea: Watch how these currencies evolve gradually to understand potential outcomes by 2028.
Important factors:
Global economic shifts
Trade realignments
Policy changes from major powers
⚠️ CRITICAL WARNING
This is where many people go wrong:
❌ Expecting immediate results ❌ Misreading long-term signals as short-term events ❌ Overreacting to speculation
👉 Reality: These are multi-year developments, not overnight changes.
🧠 SMART STRATEGY
Instead of chasing hype, focus on:
1. Tracking Incremental Progress
Small changes often signal bigger transitions
2. Understanding Global Context
Currencies don’t move in isolation
3. Watching Policy, Not Rumors
Real change always shows up in policy first
⏳ WHY PATIENCE IS EVERYTHING
Currency evolution requires:
Stability
Confidence
Structural readiness
👉 Without those, any rapid move would fail.
That’s why: Slow progress is often the safest progress.
💡 KEY TAKEAWAY
👉 What looks like delay… may actually be preparation.
And what feels like noise… may be the system adjusting.
📌 Q&A SECTION
❓ Are the Iraqi dinar and Vietnamese dong expected to increase in value?
There is growing interest, but any significant change is expected to be gradual and tied to long-term developments.
❓ Why is progress so slow?
Because economic and political alignment takes time and must be stable before major shifts occur.
❓ What is the significance of 2028?
Some analysts point to this timeframe for evaluating the long-term impact of current economic trends.
❓ Should investors act now?
Preparation and education are key — not reaction to short-term speculation.
🚀 FINAL THOUGHT
The biggest edge right now isn’t speed.
👉 It’s understanding.
Because while others chase headlines…
Smart observers are watching the foundation being built.
Is it messy? Is it still noisy? Of course it is. It's also seemingly slow...
Iraq's practical reforms and their economic work is still pushing forward with real momentum. Are they going to hammer out the political side of things? Absolutely. Every country goes through these types of things...
Sandy Ingram
Start preparing now for the uptick in exotic currency, the IQD and the VND and talk of the BRICS currency over the next two years.
Start preparing for that now. Watch the small steps each currency is making to better understand what could happen in 2028 if the Trump administration doesn't intervene.
Article: "Following the arrival of a new shipment of dollars, an economic expert predicts an improvement in the value of the dinar." Quote: "The arrival of this dollar liquidity will contribute to improving the exchange rate of the Iraqi dinar next week."
A new shipment of US dollars has arrived in Baghdad as part of ongoing monthly transfers, Iraqi economist Nabil al-Marsoumi indicated on Saturday, linking the flow to the next phase of political developments and government formation.
Al-Marsoumi stated that Iraq receives about $1 billion each month in two cash installments, noting that the latest delivery falls within this continuing financial arrangement. He indicated that the inflow of dollar liquidity is expected to support the Iraqi dinar’s exchange rate in the coming week. The US dollar opened today’s trading lower in Iraq, hovering around 153,000 dinars per 100 dollars.
The United States has for years transferred cash shipments to Baghdad in amounts ranging between $400 million and $500 million per tranche, tied to Iraq’s oil revenues. Washington suspended these transfers in April, according to US reports at the time, citing an escalation in attacks by Iran-linked armed groups against American interests.
Will the Iraqi dinar increase in value soon? A recent influx of US dollar liquidity into Iraq may support the dinar’s exchange rate in the short term. However, experts stress that long-term currency strength depends on broader economic and political stability.
⚠️ Something just changed — and most people are missing it.
A fresh wave of US dollars has entered Iraq’s financial system… and early signals are already showing movement.
👉 But here’s the key question: Is this the beginning of a real shift — or just temporary stabilization?
Let’s break it down.
📊 BREAKING DEVELOPMENT: DOLLAR INFLOW INTO IRAQ
A new shipment of US dollars has officially arrived in Baghdad as part of ongoing monthly transfers tied to Iraq’s oil revenues.
According to economist Nabil al-Marsoumi:
“The arrival of this dollar liquidity will contribute to improving the exchange rate of the Iraqi dinar next week.”
💡 This is not random. This is part of a structured financial flow.
Key details:
Iraq receives approximately $1 billion per month
Distributed in two cash installments
Latest shipment continues this financial cycle
💰 WHY THIS MATTERS
Liquidity changes everything.
When more US dollars enter the system:
Pressure on the parallel market decreases
Exchange rate volatility stabilizes
Confidence in the local currency improves
👉 Result: Short-term strengthening of the dinar is possible
📉 CURRENT MARKET SIGNAL
At today’s opening:
The US dollar traded around 153,000 IQD per $100
This indicates:
Slight downward pressure on the dollar
Potential early response to increased liquidity
⚠️ CRITICAL CONTEXT MOST PEOPLE IGNORE
This isn’t just about money — it’s about geopolitics.
The United States had previously:
Suspended transfers in April
Due to rising regional tensions and security concerns
Now, transfers are resuming.
👉 That alone signals a shift in financial coordination
🧠 WHAT EXPERTS ARE REALLY SAYING
The key takeaway is NOT hype.
It’s this:
👉 Dollar inflow = stabilization tool, NOT immediate revaluation trigger
This supports:
Exchange rate management
Market balance
Short-term confidence
But it does NOT confirm: ❌ RV (Revaluation) ❌ Major currency reset ❌ Sudden wealth event
📈 REAL SIGNALS VS MISINTERPRETATION
✅ Real Signal:
Increased liquidity may strengthen the dinar short-term
❌ Misinterpretation:
“This means RV is happening next week”
👉 That leap is where most investors get misled.
🔍 WHAT TO WATCH NEXT (RETENTION DRIVER)
If this trend continues, monitor:
1. Continued Dollar Transfers
Consistency is more important than one shipment
2. Exchange Rate Movement
Does the dinar hold strength or reverse?
3. Government Formation
Political stability directly impacts currency confidence
4. Central Bank Actions
Any policy adjustments will be critical
⏳ BIGGER PICTURE: ARE WE GETTING CLOSER?
Possibly — but slowly.
This development suggests:
Financial coordination is active
Currency pressure is being managed
Infrastructure for stability is improving
👉 But we are still in a controlled adjustment phase
💡 KEY TAKEAWAY
👉 This is a SIGNAL — not a CONFIRMATION.
Smart investors read signals.
Uninformed investors chase headlines.
📌 Q&A SECTION
❓ Does this mean the Iraqi dinar will revalue soon?
No official confirmation exists. The dollar inflow may support the exchange rate, but not trigger a revaluation.
❓ Why is the US sending dollars to Iraq?
These transfers are tied to oil revenues and financial agreements to maintain liquidity.
❓ Is the dinar getting stronger right now?
There are early signs of stabilization, but it remains a controlled movement.
❓ Should investors expect sudden changes?
No — any major shift would require broader economic alignment.
🚀 FINAL THOUGHT (
The biggest mistake right now?
👉 Confusing movement with transformation.
Yes — something is happening.
But no — this is not the final step.
Stay focused on facts. Ignore the noise. Watch the system — not the rumors.
ALI AL-ZAIDI RECEIVES AN AMERICAN CERTIFICATE “AND DID NOT SEND DOLLARS TO THE REVOLUTIONARY GUARD”
A report in Asharq Al-Awsat newspaper on Wednesday (April 29, 2026) stated that an independent investigation conducted by the American law firm K2 Integrity found no credible evidence linking Iraqi Prime Minister-designate Ali al-Zaidi to financial activities connected to the Iranian Revolutionary Guard.
The report emphasized that the restrictions previously imposed on him were due to reputational risks and not to proven involvement in money laundering operations, at a time when his appointment is facing internal and external political scrutiny amidst the complexities of the financial landscape and relations between Baghdad, Washington, and Tehran.
The US Embassy in Iraq expressed its support on Wednesday, April 29, 2026, for Prime Minister-designate Ali al-Zubaidi in his efforts to form a new government, stressing its aspiration to enhance security, preserve Iraq’s sovereignty, and achieve a partnership that serves the interests of both countries.
US President Donald Trump had previously opposed the nomination of Nouri alMaliki by the Coordination Framework forces for the premiership, which prompted them to put forward an alternative candidate, Ali al-Zidi. This was in the context of a broader US trend of not supporting figures or forces accused of undermining the internal balance or of being close to Iran. Washington also focuses its positions on pushing for governments that are described as more independent and limit the influence of armed factions linked to Tehran.
An American law firm said that a recent independent investigation it conducted showed no evidence linking Iraqi Prime Minister-designate Ali al-Zaidi to financial activities connected to Iran’s Revolutionary Guard, stressing that the restrictions imposed on him in 2024 were due to “reputational risks,” not“proven involvement in money laundering.” This clarification comes at a time when al-Zidi’s sudden appointment to form a government in Baghdad, succeeding Mohammed Shia al-Sudani, is facing political scrutiny regarding his background, after a bank he owns was included in restrictions imposed by the Central Bank of Iraq on dollar transactions, as part of what was then described as a “campaign to combat illicit financial flows.”
An American law firm said that a recent independent investigation it conducted showed no evidence linking Iraqi Prime Minister-designate Ali al-Zaidi to financial activities connected to Iran’s Revolutionary Guard, stressing that the restrictions imposed on him in 2024 were due to “reputational risks,” not“ proven involvement in money laundering.”
This clarification comes at a time when al-Zidi’s sudden appointment to form a government in Baghdad, succeeding Mohammed Shia al-Sudani, is facing political scrutiny regarding his background, after a bank he owns was included in restrictions imposed by the Central Bank of Iraq on dollar transactions, as part of what was then described as a “campaign to combat illicit financial flows.” Representatives of K2 Integrity, who asked not to be identified because they were not authorized to speak to the press, said that an independent investigation by the firm found “no credible evidence” linking al-Zaydi or Bank of the South to the Quds Force, and did not detect any direct financial flows from the bank to regional entities classified as high risk.
One of the representatives explained to Asharq Al-Awsat that the ban recommended by the US Treasury Department and the Federal Reserve in New York on the Bank of the South was limited to dealing in US dollars, and was driven by risks related to the bank’s reputation and ownership, and not because of proven violations related to money laundering or financing of entities linked to Iran. Al-Zaidi, a businessman who owns companies with his brother and partners, including “Al-Awais,”“Al-Janoub,” and “Dijlah Channel,” is a mysterious figure in the political scene. His appointment came amid public American rejection that led to the exclusion of Nouri al-Maliki from the race, while it was reported that an unannounced rejection also excluded al-Sudani.
Restrictions on Iran
In February 2024, Iraq imposed restrictions on eight local banks, including the South Islamic Bank, preventing them from accessing dollars through the central bank’s window. This move was part of a US-led effort to curb money transfers to Iran. A Treasury Department spokesman at the time said the measures were aimed at”protecting the Iraqi financial system from misuse,”referring to concerns about the use of the U.S. currency in illegral activities. This case highlights the ongoing challenge Baghdad faces in balancing its relations with both the United States and Iran, given its heavy reliance on the US dollar, with Iraq receiving approximately $10 billion in cash annually from the Federal Reserve, according to official estimates.
The US Embassy in Baghdad welcomed al-Zaidi’s appointment, affirming its support for efforts to form a government that”reflects the aspirations of the Iraqi people” this comes after months of political deadlock and pressure from the Trump administration, which threatened to cut off aid to Iraq if Maliki returned to power.
Al-Zaydi faces a 30-day deadline to form his government, amid sharp divisions within the “coordination framework,” and at a time when regional tensions have been escalating since the military strikes on Iran in February 2016, and the subsequent targeting of US interests in Iraq by armed groups.
🔸 Bonds: They have some updates. What they’ve been told is to expect it “today.” There were a lot of verifications over the weekend. Very optimistic for next week. Four contacts have updates from phone conversations with their groups. One of them says they will complete their second transaction this week.
They say they completed their first transaction last week, but they won’t tell me what that means, so there are a lot of people with money to spend right now, but they won’t say what actually happened — is it the NDA?…
Who knows. They are receiving an update on what to expect this week; it doesn’t mean they know what to expect, but there are more details coming.
Iraq: Really good developments came out over the weekend regarding the Oil and Gas Laws. These are the necessary ones, then “Boom!” Iraq could move forward with or without anyone else without any problem.
🔸 Bobby… The bond people I know for sure who received money were “resellers.” The updates from bondholders this weekend are dealing directly with the Treasuries, so I’m optimistic on that front.
🔸 Member: They heard a Cabinet might be presented by May 9. Wouldn’t surprise me.
🔸 Trump and Zaidi get along very well. It seems there is strong momentum so they can show us a rate.
Tienen algunas actualizaciones. Lo que se les ha dicho es esperar que sea "hoy". Muchas verificaciones durante el fin de semana. Muy optimistas para la próxima semana. Cuatro contactos tienen actualizaciones de conversaciones telefónicas con sus grupos. Uno de ellos dice que completará su segunda transacción esta semana
. Dicen que completaron su primera transacción la semana pasada, pero no me dirán qué significa eso, así que hay mucha gente con dinero para gastar ahora mismo, pero no me dirán qué ha sucedido; ¿es el NDA?…
Quién sabe. Están recibiendo una actualización sobre qué esperar esta semana; no significa que sepan qué esperar, pero más detalles.
Irak:
Surgieron cosas realmente buenas durante el fin de semana respecto a las Leyes de Petróleo y Gas. Estas son las necesarias, luego ¡"Boom"! Irak podría ir con o sin nadie más sin ningún problema.
Bobby…. La gente de los bonos que sé con certeza que obtuvo dinero eran "Revendedores". Las actualizaciones de los tenedores de bonos de este fin de semana están tratando directamente con los Tesoros, así que estoy optimista en ese frente.
Miembro:
Escucharon que tendrían un Gabinete presentado para el 9 de mayo.
*No me sorprendería.
Trump y Zaidi se llevan muy bien. Parece que hay un gran impulso para que puedan mostrarnos una tasa.
