🌍🇮🇶 Iraq's Global Momentum Continues to Grow

CHANNEL8 NEWS

Iraqi Prime Minister Ali Faleh al-Zaidi announced on X that he is traveling to Washington with a high-level government and business delegation to advance Iraq–US economic and investment partnerships in energy, technology, infrastructure, the digital economy, and finance.

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🌍🇮🇶 Iraq's Global Momentum Continues to Grow

A growing number of analysts are calling Prime Minister Al-Zaidi's July 13 visit to Washington, D.C. one of Iraq's most significant developments in recent years. While headlines referring to a "Reset" reflect opinion rather than official policy, the broader trend is becoming increasingly clear.

Iraq is strengthening its international partnerships while accelerating major reforms at home. From expanding diplomatic cooperation with the United States to modernizing its financial system, combating corruption, recovering stolen assets, and improving economic governance, the country continues to build the foundation for long-term stability and growth.

These are not isolated events—they are part of a broader strategy to position Iraq as a stronger, more transparent, and globally connected economy. Each reform, each international meeting, and each financial modernization effort represents another step toward that objective.

No single announcement is likely to define Iraq's transformation. Instead, we are witnessing a series of deliberate, coordinated actions that continue moving the country forward.

📈 Economic reforms are advancing.
🏦 Financial modernization continues.
🌍 Iraq is strengthening its global position.

The momentum is building... Stay tuned, Dinarians! 🇮🇶💵

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🚨🏦 CBI Insider: The Strategy Remains on Track!! #iqd #dinarrevaluation #dinaresgurus #iraq #cbi

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🚨 CBI Takes Another Step Toward Reducing the Parallel Market

 The Central Bank of Iraq (CBI) has issued new directives regulating the cash withdrawal of U.S. dollar deposits and incoming foreign remittances. Under the new measures, commercial banks will be permitted to disburse citizens' U.S. dollar deposits in cash, with the regulations set to take effect on July 15, 2026. 

Read more: https://channel8.com/english/news/61357 

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🚨 CBI Issues New Rules for U.S. Dollar Withdrawals & Foreign Remittances

The Central Bank of Iraq (CBI) has announced that, effective July 15, 2026, commercial banks will be allowed to disburse citizens' U.S. dollar deposits in cash. The new directives also regulate incoming foreign remittances, allowing beneficiaries to receive funds either in cash USD or through U.S. dollar bank accounts. The measures also establish controlled mechanisms for providing cash dollars for certain government-funded contracts and qualifying export proceeds.

This is another strategic step by the CBI to continue reducing Iraq's parallel market.

If you've been expecting one big announcement saying, "The parallel market has been eliminated," that's probably not how this process will happen. Instead, we're witnessing gradual but very deliberate measures, each one moving Iraq closer to that objective.

The same approach is likely to be used when it comes to increasing the value of the Iraqi dinar. Rather than one overnight event, we'll likely continue to see incremental but unmistakable progress toward the ultimate goal.

We're getting closer, Dinarians! 🇮🇶💵

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FRANK26: The Next 60 Days Could Change Everything for the IQD!

 Frank26 

 The next two months are going to be extremely exciting because we will be able to see and follow the evidence of every PIP movement on a daily basis.  It will increase the value of the dinar's exchange rate. 

 It will eventually hit 1 to 1 and eradicate the black market.  After the RI is established, maybe around $3.22, then they can start the float which  might put you in the $4.00 range.

As far as when the rate comes out, I don't know and neither do you.  But we both know without a doubt it is being delivered to the Iraqi citizens right now.  But it is a process...It is a process that one day will lead you where you'll say, wow! 

 That process, that journey, will cause you to be amazed at what's going on.  You have to be careful.  Only  you can make the decision on when to exchange your currency...Right now you're going to have to watch the closing of the [market rate and official rate] gap.  Once it reaches that, then you're going to have to worry about the float.  Where do you get off this train? 

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🇮🇶📈 Iraq Pushes Six New Economic Reform Bills

Iraqi Parliament’s PUK bloc spokeswoman Dilan Ghafoor said halted oil exports and the Strait of Hormuz closure have prompted the Finance Ministry to introduce six reform bills aimed at diversifying state income, selling state assets, and reducing public wage budget pressures by transferring employees to the private sector.

Read more: https://channel8.com/english/news/61233

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🇮🇶📈 Iraq Pushes Six New Economic Reform Bills

Iraqi MP Dilan Ghafoor revealed that the Ministry of Finance has introduced six major reform bills in response to the halt in Kurdish oil exports and the risks surrounding the Strait of Hormuz.

The reforms aim to:

💰 Diversify government revenue beyond oil.
🏢 Better utilize and sell state-owned assets.
👥 Reduce pressure on the public payroll by gradually shifting workers to the private sector.

📌 Why It Matters

These reforms are designed to build a stronger and more sustainable economy with less dependence on oil. While they do not confirm a Dinar RV, they represent another important step toward strengthening Iraq's long-term economic and financial foundation.

Every major reform brings Iraq one step closer to a more resilient economy.

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🇮🇶📈 Why This Deal Between Erbil and Baghdad Is Significant!! #iraq #IQD

 

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Iraq Prepares a Major Budget Reform

MP Dilan Ghafoor confirmed that the Iraqi government is actively working on the national budget draft, adding that next year's fiscal law will transition from a traditional line-item format to a performance-based program budget, with an initial rollout set for the Ministry of Electricity.

Read more: https://channel8.com/english/news/61233

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🇮🇶📊 Iraq Prepares a Major Budget Reform

A member of Iraq's Parliament, Dilan Ghafoor, confirmed that the government is actively preparing the country's next national budget. One of the biggest changes will be the transition from a traditional line-item budget to a performance-based budgeting system, with the Ministry of Electricity serving as the first pilot project. ⚡

Instead of simply allocating funds to government agencies, the new system will focus on measurable results, improving efficiency, transparency, and accountability in how public money is spent.

📌 Why It Matters

✅ Modernizes Iraq's public financial management.
📊 Improves transparency and accountability.
💰 Encourages more efficient use of government funds.
🏛️ Aligns Iraq with international financial best practices.

While this reform does not confirm a Dinar RV, it is another encouraging step showing that Iraq continues to implement structural economic and fiscal reforms designed to strengthen the country's financial system.

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