According to Majeed, the following measures are expected from the government of Prime Minister Ali Faleh al-Zaidi:
💵 The Iraqi government will remove three zeros from the Iraqi currency.
💲 The exchange rate will be adjusted to 1 USD = 1,600 IQD.
📈 With both measures, the value of the Iraqi dinar would rise.
📉 Iraq's budget would reportedly be relieved by 25%.
🖨️ A new series of currency would then be printed following the positive change.
📊 Exchange Rate Interpretation
If the exchange rate is set at 1 USD = 1,600 IQD and three zeros are removed from the currency through a redenomination, the mathematical result would be:
1 USD = 1.6 New IQD
1 New IQD ≈ $0.625 USD
This is why some people calculate the new value at approximately $0.62 per new Iraqi dinar.
Prime Minister Ali Faleh al-Zaidi oversaw the handover ceremony for incoming Central Bank of Iraq (CBI) Governor Nizar Nasser Hussein. He stressed the urgency of advancing banking reforms to foster economic stability and investment, emphasizing that adopting international standards is vital to keeping pace with global digital transformation.
🇮🇶✨ IRAQ CONTINUES MOVING FORWARD... ONE REFORM AT A TIME! ✨🏦
Every week, we continue to see more progress in Iraq's financial and institutional reform efforts. From major government restructuring to banking modernization and the appointment of new leadership at the Central Bank, the direction remains focused on building a stronger and more modern economy. 📈
🏛️ Prime Minister Ali Faleh al-Zaidi has emphasized that banking reform is an urgent priority, highlighting the need to adopt international standards, strengthen financial stability, and accelerate Iraq's digital transformation. These are exactly the kinds of reforms many observers have expected to see as Iraq modernizes its financial system.
💡 While no official announcement has been made regarding an Iraqi dinar revaluation (RV), the continued implementation of economic and banking reforms shows that Iraq is working toward a more stable and internationally connected financial system.
🌍 Every reform completed, every institution strengthened, and every step toward global banking standards helps build the foundation for Iraq's long-term economic future.
🙏 For those who have followed Iraq's progress for years, patience remains important. The road has never been about one single event—it has been about a series of reforms that gradually move the country toward greater stability and growth.
🇮🇶 According to recent developments, Iraq continues advancing its reform agenda. Many in the dinar community remain hopeful that these efforts will ultimately support the country's long-term economic goals.
✨ Stay informed. Stay patient. Keep watching the progress.
Article: "Ahead of his visit to Washington, al-Zaydi's "sieve" causes the biggest government shake-up since 2003" Quote: "...informed sources speak of a broad list of changes that may affect more than 100 officials at various administrative levels, starting with undersecretaries and not ending with directors-general, in a move that seems closer to redrawing the centers of influence within the Iraqi state than to mere routine administrative procedures...
and reveal the extent to which al-Zaydi can turn promises of reform into reality, or remain within the limits of the balances that brought him to power."
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🚨🇮🇶 IRAQ PREPARES ITS BIGGEST GOVERNMENT SHAKE-UP SINCE 2003!
According to recent reports, Prime Minister Mohammed Shia al-Sudani is preparing what could become the largest government restructuring since 2003. 🏛️
📋 Sources say the changes could impact more than 100 senior officials, including undersecretaries, directors-general, and other key government leaders across multiple ministries.
⚖️ This is being viewed as much more than a routine personnel change. Analysts believe it is an effort to reshape Iraq's power structure, remove ineffective officials, strengthen state institutions, and advance the government's reform agenda.
✈️ The timing is especially significant, as these changes are reportedly being prepared ahead of al-Sudani's visit to Washington. Many see this as a signal that Iraq wants to demonstrate real progress in governance, transparency, and administrative reform before meeting with international partners.
🏦 While this government reshuffle is not directly connected to the Iraqi Dinar's exchange rate, stronger institutions, better governance, and reduced corruption are all considered important building blocks for Iraq's broader economic and financial reform program.
👀 The coming weeks will reveal whether al-Sudani can turn his reform promises into meaningful action—or whether political pressures will limit the scope of these historic changes.
🇮🇶 Iraq continues moving through an important phase of political and institutional reform that could shape the country's economic future.
💰🇮🇶 IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM
Iraq's Deputy Minister of Finance, Ali Karim, met with a World Bank delegation led by Michel Rogge, Regional Director for Digital Transformation and Artificial Intelligence, to advance key financial modernization initiatives.
Key topics discussed:
✅ Digitalization of the Ministry of Finance ✅ Automation of tax collection systems ✅ Automation of customs operations ✅ Enhanced cybersecurity measures ✅ Expansion of the IFMIS (Government Financial Management Information System) ✅ Integration of Artificial Intelligence and emerging technologies into public administration
The World Bank reaffirmed its commitment to providing technical and advisory support as Iraq continues its financial reform agenda.
Why Does This Matter?
Iraq is building the same financial infrastructure used by modern economies to improve:
📊 Tax collection 🚢 Customs revenue management 💵 Government spending oversight 🔍 Financial transparency
🛡️ Anti-corruption efforts 📈 Real-time tracking of state resources
These efforts complement other major reforms already underway, including ASYCUDA customs automation, banking modernization, electronic payments, financial inclusion, and the digital transformation of the Central Bank of Iraq.
Analysis
What we are witnessing is Iraq's transition from a cash-based, manually operated economy to a digital, transparent, and auditable financial system.
The automation of taxes and customs could help Iraq recover billions of dollars historically lost to corruption, smuggling, and inefficiencies. Meanwhile, the expansion of IFMIS will allow the government to track revenues and expenditures in real time—an essential component of any serious monetary reform.
My Opinion
This is another important piece of the puzzle. While Iraq accelerates the completion of its government, the Ministry of Finance and the World Bank are building the digital infrastructure required for a modern economy.
In my view, this step was necessary before any green light could be given to a future revaluation of the Iraqi dinar. Iraq first needed the transparency, controls, automation, and financial oversight required to support a stronger monetary framework.
With ASYCUDA, IFMIS, customs automation, banking reforms, and digital transformation moving forward, the foundation is being built. The train has already left the station—we are moving down the track toward the RV. Iraq is demonstrating its ability to operate as a sovereign, financially accountable nation capable of attracting investment, increasing non-oil revenues, and supporting long-term dinar stability. 🇮🇶🚂💰📈
The Undersecretary of the Ministry of Finance discusses with the World Bank the priorities of digital transformation and automation of financial operations.
On Thursday, the Undersecretary of the Ministry of Finance, Ali Karim, discussed with a World Bank delegation the priorities of digital transformation and automation of financial work, and mechanisms for developing financial systems in Iraq.
The Ministry of Finance stated in a statement received by “Dijlah News” that “the Undersecretary of the Ministry held an extensive meeting with the World Bank delegation headed by the Regional Director for Digital Transformation and Artificial Intelligence, Michel Rogge, in the presence of a number of Directors General and senior staff in the Ministry.”
The statement added that “the meeting discussed paths of technical cooperation in the areas of digital transformation and automation of financial work, particularly the automation of the tax and customs systems, strengthening cybersecurity, and the organized expansion of the Government Financial Management Information System (IFMIS) project, which contributes to raising performance efficiency and improving the quality of data and services.”
The Undersecretary of the Ministry of Finance affirmed that “digital transformation represents an integrated reform path to support public finance management, simplify procedures, and enhance transparency and governance,” stressing the importance of “implementing projects according to clear priorities and applicable phased plans that are consistent with the requirements of financial reform and the reality of Iraqi institutions.”
For its part, the World Bank delegation affirmed its readiness to continue providing technical and advisory support to the Ministry of Finance in the areas of digital transformation, artificial intelligence and the development of financial systems, in order to contribute to achieving the goals of institutional and financial reform. link
During its 281st meeting, the Shia Coordination Framework stressed the need to accelerate the formation of Prime Minister Ali Faleh al-Zaidi’s cabinet and reviewed recent discussions with the U.S. President’s new team.
IRAQ PUSHES TO COMPLETE ITS GOVERNMENT – A KEY STEP TOWARD ECONOMIC STABILITY? 🇮🇶📈
During its 281st meeting, the Shia Coordination Framework emphasized the urgent need to complete Prime Minister Ali Faleh al-Zaidi's cabinet and reviewed recent discussions with representatives of the new U.S. administration.
Why is this important?
A fully formed government sends a strong signal of political stability, both to Iraqi citizens and to international partners. Investors, financial institutions, and foreign governments prefer to work with a government that is complete, functional, and capable of implementing reforms. The faster Iraq finalizes its cabinet, the faster it can move forward with economic policies, anti-corruption measures, investment projects, and financial modernization efforts.
From a monetary perspective, political stability is one of the foundations needed to support confidence in the Iraqi banking system and the Iraqi dinar. A government that can enforce laws, manage revenues, secure borders, and oversee customs collections creates a stronger environment for economic growth and currency confidence.
My Opinion:
I believe Iraqi leaders understand that time is of the essence. They need a fully completed cabinet before appearing in Washington in July so they can present a united front to President Trump and demonstrate tangible progress. Iraq needs to show that it can function as a sovereign nation capable of reducing corruption, controlling illegal weapons, limiting the influence of Iran-backed militias, and enforcing the rule of law.
In addition, the implementation and acceptance of the ASYCUDA customs system gives Iraq a powerful tool to better manage imports, exports, tariffs, and border revenues. Combined with stronger security and government oversight, this could significantly improve transparency and increase non-oil revenues.
The message Iraq appears to be sending is clear: a stable government, stronger institutions, better customs control, and greater economic independence. The coming weeks could be critical as Iraq seeks to demonstrate that it is ready to operate as a fully sovereign and economically modern nation.
Bruce discussed global events, including President Trump reportedly working on peace agreements with Iran. He also mentioned Cuba preparing for change, as well as developments involving Ukraine and Russia.
Regarding current events, Bruce stated that the Strait of Hormuz is reopening and oil tankers are moving through the area, which is reportedly being monitored and possibly controlled. He added that if the peace agreement were to fail, President Trump has indicated that military action against Iran remains an option, although Bruce emphasized that such action is not desired. He expressed hope that negotiators will do what is best for the Iranian people.
Moving on to Iraq-related topics, Bruce discussed the latest information being shared with The Big Call audience.
Where Are We Now?
On Tuesday, sources suggested a possible rollout on Friday or Saturday. However, more recent information points to Monday, June 22, as the likely start date for notifications.
Another strong source indicated that activities must begin Monday, Tuesday, or Wednesday, with exchanges potentially taking place on June 24 or 25. At this point, it appears unlikely that anything will occur this weekend, with the overall objective still being completion before the end of June.
According to another source, the first 1.2 million individuals to receive notifications would be ZIM holders. These individuals would reportedly receive appointment notifications by email and then proceed to exchange centers.
Bruce stated that anyone holding other currencies should bring those currencies along with their ZIM. He expressed hope that ZIM holders would begin appointments early next week.
Bruce also mentioned that President Trump has signed several Executive Orders, including one that would reportedly eliminate the IRS and replace it with an External Revenue Service funded through tariffs. He added that tariff-related dividends are expected at some point, although he does not anticipate them occurring before notifications are received, as other aspects of NESARA would also need to be implemented.
Bruce stated that XRP is now fully active and that large amounts of money are reportedly moving through the QFS (Quantum Financial System), with tens of billions of dollars being transferred every eight seconds. He said that this capability would become available to participants during their exchange appointments.
According to Bruce, the Clarity Act, which includes provisions related to XRP, is expected to be announced on July 4. He believes that, for all practical purposes, the process is already complete and that several positive announcements could be made on that date.
Beginning July 1, Bruce expects a national consumption tax to take effect. This tax would apply only to the purchase of new goods, not food, medicine, or used items, and would reportedly range between 12% and 14%, included in the purchase price. He stated that this system would replace the concept of income tax.
Under NESARA, Bruce claims there would be no federal income tax, personal income tax, property tax, or real estate tax. He believes that any official announcement regarding these changes would likely occur on July 4.
In conclusion, Bruce stated that notifications are expected on Monday, Tuesday, and Wednesday, with the overall process anticipated to be completed before the end of June.
Habla de eventos mundiales donde el presidente Trump está firmando acuerdos de paz con Irán. Habló de Cuba preparándose para el cambio, así como de Ucrania y Rusia. Más allá de estas cosas que están sucediendo: el estrecho de Ormusz se está abriendo y los petroleros están entrando, estamos monitoreando tal vez controlando el estrecho. El acuerdo de paz "se va al sur" el presidente Trump dice que "bombardeará ya saben qué de Irán" por supuesto que no quiere hacerlo, pero no está exento de hacerlo.
Espera que los negociadores hagan lo correcto para el pueblo de Irán. Estamos entrando en Irak con la Gran Llamada. DÓNDE ESTAMOS: El martes, tuvimos gente que nos dijo sobre un lanzamiento el viernes y el sábado.
Ahora escuchamos que es más probable por una fuente que dice el lunes 22 de junio para el inicio de las notificaciones. También escuchamos de una fuente fuerte que TENEMOS que poner en juego el lunes, martes o miércoles e intercambiar el 24 o 25 de junio. Parece que no sucederá este fin de semana y el objetivo es hacerlo antes de finales de junio. Otra fuente dice que el primer millón 200 mil sería notificado primero. ¡Estos son los poseedores de ZIM! Recibirían citas por correo electrónico primero y llegarían a los centros de canje.
Si tiene otras monedas, como poseedor de ZIM, lleva sus ZIM y monedas consigo. Esperemos que los poseedores de ZIM vayan a principios de la próxima semana. El presidente Trump ha firmado algunas órdenes ejecutivas y una fue para ABOLIR el IRS y ya no usar el IRS, sino más bien el Servicio de Impuestos Externos (donde entran los aranceles). Esperamos dividendos arancelarios en cualquier momento, pero no vemos esto suceder hasta que recibamos nuestras notificaciones, ya que otros aspectos de Nesara también entrarían en vigor.
Tenemos XRP en vivo, ¿desde ayer? y están moviendo mucho dinero a través del sistema QFS, decenas de miles de millones de dólares cada 8 segundos, y la capacidad estará disponible para nosotros cuando estemos en nuestro exchange. La Ley Clarity, de la cual XRP forma parte, se anunciará el 4 de julio.
Bruce cree que, a efectos prácticos, ya está hecho. Deberíamos recibir varias noticias positivas el 4 de julio. El 1 de julio, esperamos que entre en vigor el impuesto al consumo, un impuesto sobre la compra de artículos nuevos, NO sobre alimentos, medicamentos ni artículos usados, sino solo artículos NUEVOS, entre el 12 y el 14% incluido en el precio de los bienes. Esto sustituirá la idea del impuesto sobre la renta. Bajo Nesara, no tenemos impuesto federal sobre la renta, impuesto personal ni impuesto sobre la propiedad, ni impuesto sobre bienes inmuebles. ¿Cuándo se anunciará esto?
Bruce cree que este anuncio debería producirse el 4 de julio. Esperamos las notificaciones los lunes, martes y miércoles, y deberíamos tenerlo listo antes de finales de junio.
Urgente y Exclusivo 