Iraq’s Article 140: Kirkuk’s Future Remains in Limbo — But Who Benefits From Keeping It That Way?

 

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🇮🇶💰 Iraq Moves Toward Its First-Ever Program & Performance-Based Budget! 📊

 🇮🇶💰 Iraq Moves Toward Its First-Ever Program & Performance-Based Budget! 📊

🚨 Major Economic Reform Update

Iraq's Finance Minister, Faleh Sari, announced that the country is moving toward approving its first program and performance-based budget—a historic step in the modernization of Iraq's public finances.

📌 What's Changing?

According to the Ministry of Finance:

✅ Government spending will be based on programs, objectives, and measurable results rather than traditional budgeting methods.

📊 The new approach is designed to:

✔️ Improve the allocation of public resources.
✔️ Increase transparency and accountability.
✔️ Enhance the efficiency of government spending.
✔️ Support long-term economic and financial reforms.

🌍 Regional Challenges

The Finance Minister also noted that regional developments—including the closure of the Strait of Hormuz—have had a direct impact on Iraq's economy due to their effect on trade routes and oil exports.

🔧 Reform Efforts Continue

Despite these challenges, the Ministry emphasized that Iraq remains committed to its reform agenda by:

💰 Strengthening non-oil revenue sources.
📈 Modernizing financial management tools.
🏛️ Continuing structural and fiscal reforms.
🚀 Building a more diversified and resilient economy.

📢 The move toward a performance-based budget is viewed as another important milestone in Iraq's broader economic modernization strategy and its efforts to improve fiscal governance.

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FINANCE MINISTER: IRAQ IS MOVING TOWARDS APPROVING ITS FIRST PROGRAM AND PERFORMANCE BUDGET

Finance Minister Faleh Sari confirmed on Sunday that Iraq is moving towards approving its first program and performance-based budget in its history.

The ministry said in a statement received by the Information Agency that “the Finance Minister confirmed during his meeting with the British Ambassador that Iraq is moving towards approving its first program and performance-based budget in its history, according to a new methodology in managing public spending that links resource allocation to objectives, programs, and results, thus enhancing the efficiency of public funds use.”

He pointed out that “the closure of the Strait of Hormuz has had direct effects on the Iraqi economy, given the link between trade and oil flows and developments in the region,” stressing that “the ministry is proceeding to overcome the current circumstances by strengthening non-oil revenues, developing financial management tools, and continuing the reform process.” 

🇮🇶🔥 IRAQ’S SEPTEMBER 30 MILESTONE: FULL STATE AUTHORITY

 🇮🇶🔥 IRAQ’S SEPTEMBER 30 MILESTONE: FULL STATE AUTHORITY

📰 THE NEWS: Government spokesman Haider al-Aboudi says September 30 represents a pivotal milestone in Iraq’s path toward consolidating national sovereignty and strengthening the authority of the state.

🏛️ After its first 100 days and 15 cabinet sessions, Prime Minister Ali Faleh al-Zaidi’s government says its priorities have centered on state sovereignty, independent decision-making, institutional reform and protecting Iraq’s national interests.

🛡️ THE KEY MESSAGE: The government wants all instruments of power to operate under the authority of the Iraqi state, with weapons and security forces restricted to legally authorized military and security institutions.

⚖️ Al-Aboudi described this as a constitutional commitment and a state choice, rather than an isolated political measure.

🌍 At the same time, Baghdad says full sovereignty does not mean isolation. Iraq intends to continue developing regional and international relationships based on mutual respect and common interests—but from the position of an independent state capable of making its own decisions.

🔥 WHY THIS MATTERS

This is bigger than a political statement.

🇮🇶 State authority → stronger institutions
🛡️ Security under government control → greater sovereignty
⚖️ Rule of law → stronger institutional framework
💰 Economic reform → protection of public revenues
🌍 Independent foreign policy → deeper international integration

👀 MY TAKE:

The phrase that stands out to me is “September 30.”

I will be watching this date closely—not because it confirms an IQD RV, but because the government is explicitly identifying it as a milestone in consolidating state authority and sovereignty.

And when you put this alongside Iraq's broader reforms—banking modernization, digital payments, budget negotiations, anti-corruption efforts, revenue reforms and efforts to strengthen the financial system—it becomes another important piece of the bigger picture.

💱 For those watching the Iraqi dinar, political and institutional stability matters.

A major monetary transformation or RV would be far more meaningful within a system where the Iraqi state has stronger control over its territory, security, institutions, revenues and financial infrastructure.

⚠️ IMPORTANT: This announcement does NOT confirm a new IQD exchange rate, revaluation or monetary reform on September 30. It specifically concerns state sovereignty and the consolidation of government authority.

🔥 BOTTOM LINE:

🇮🇶 Iraq is signaling that the next phase is about strengthening the state itself—its institutions, security, sovereignty and ability to make independent national decisions.

👀 September 30 is now a date worth watching.

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URL: https://almadapaper.net/449489/

JON DOWLING: Iraq Currency Update: Why September 15th Could Be a Significant Date | Jon Dowling

 

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ARIEL: 🇮🇶💻🔥 IRAQ’S DIGITAL CURRENCY SHIFT: WHAT’S REALLY BEING CLAIMED?

 ARIEL: 🇮🇶💻🔥 IRAQ’S DIGITAL CURRENCY SHIFT: WHAT’S REALLY BEING CLAIMED?

📰 THE REPORT: Ariel argues that Iraq’s move toward a more digital financial system could be connected to efforts to strengthen financial transparency, track transactions and reduce illicit financial channels.

💳 The report claims that digitization could make it much harder to manipulate currency flows, because electronic transactions create greater traceability and allow financial authorities to monitor intermediaries and payment activity more effectively.

🔥 THE BIG CONNECTION: The report also links Iraq’s digital transition to the long-discussed Delete the Zeros project, arguing that redenomination could represent more than simply changing the denomination of banknotes.

According to this analysis, a future monetary transition could potentially involve:

💵 Redenomination of the currency
💳 Greater use of digital payments
🏦 Stronger banking oversight
🔎 Better transaction monitoring
🛡️ Improved compliance
🌍 Greater integration with the international financial system

👀 MY TAKE:

This is an interesting theory, but we need to separate what is documented from what is speculation.

Iraq absolutely has been pursuing banking modernization and expanded electronic payments. However, the claims in this report about a secret U.S. Treasury operation, a deliberate replacement of the “old” dinar with a digital currency, and a specific connection between that operation and Delete the Zeros are not independently confirmed here.

⚠️ Most importantly, digital payments are NOT the same thing as a central-bank digital currency (CBDC). Moving toward electronic payments, digital wallets and electronic banking does not automatically mean Iraq is launching a digital dinar.

💱 And there is currently no official confirmation that Iraq has approved a new digital dinar, a Delete the Zeros implementation date, or an IQD RV.

🔥 BUT HERE IS WHAT I FIND INTERESTING:

The broader direction still matters.

🇮🇶 Iraq is trying to move from a heavily cash-based economy toward a system with more:

🏦 Banking participation
💳 Electronic payments
🔎 Financial transparency
🛡️ Compliance
📊 Better monetary oversight
🌍 International financial connectivity

If Iraq eventually combines these reforms with a redenomination or other major monetary reform, the transition could be significantly easier to manage within a more digital and traceable financial infrastructure.

💡 The real question is not whether this particular report has proven its theory—it hasn't.

The question is whether Iraq's ongoing digital-payment and banking reforms are creating the financial infrastructure that could support a much larger monetary transition in the future.

🇮🇶💱 That is the part worth watching.

#Iraq #IQD #IraqiDinar #DigitalCurrency #DigitalPayments #DeleteTheZeros #CBI #CentralBankOfIraq #BankingReform #IraqEconomy #MonetaryReform #FinancialReform

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URL: https://kalimaiq.com/news/details/68552

FRANK26 & FIREFLY: 🇮🇶💴 IRAQ’S “DELETE THE ZEROS” PROJECT BACK UNDER CBI DISCUSSION

🇮🇶💴 IRAQ’S “DELETE THE ZEROS” PROJECT BACK UNDER CBI DISCUSSION

🔥 Frank26 – Iraq Boots-on-the-Ground Report

OMAR reports that Iraqi TV is saying the “Delete the Zeros” project is now being discussed within the Central Bank of Iraq (CBI).

🏦 If accurate, this would be significant because the CBI is the authority responsible for Iraq’s currency and monetary policy. Renewed internal discussion could indicate that the long-debated currency restructuring remains active.

💵 The project has historically been associated with introducing lower denominations and simplifying large monetary figures, potentially making cash transactions and accounting more efficient.

⚠️ IMPORTANT: This report does not confirm that the CBI has approved implementation, nor does it confirm an IQD revaluation or a specific exchange rate. Official confirmation from the CBI would be needed.

👀🇮🇶 The key development to watch: Will the CBI move from discussion to an official implementation decision?

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FIREFLY: 🚀 “Iraq’s Banking System is Ready to Explode!” — Frank26 🔒💰 #iqd #iqdrevaluation

 

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