CBI CONTACT: THE DELETE-ZEROS PROJECT IS MOVING FORWARD!!

 

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🇮🇶🔥 CBI DENIES PRINTING — BUT WHAT ABOUT THE PREPARATION?

 CHANNEL8

The Central Bank of Iraq has formally denied media reports claiming it has begun printing new banknotes with zeros removed, emphasizing that any currency overhaul must complete comprehensive legal and technical procedures before being announced to the public. Read more: https://channel8.com/english/news/6

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🇮🇶🔥 CBI DENIES PRINTING — BUT WHAT ABOUT THE PREPARATION?

📰 NEWS SUMMARY:
The CBI denies reports that it has already begun printing new banknotes with zeros removed. It says any currency overhaul must first complete all legal and technical procedures before an official announcement.

🔎 OUR ANALYSIS:
Notice what the CBI did NOT say: it did not say the “Delete the Zeros” project has been canceled or that preparations are not underway.

💡 MY OBSERVATION:
We recently heard about an estimated $250 million cost to print the new currency. Why calculate the cost of a project if there is no serious planning behind it?

Knowing the printing cost doesn’t prove implementation is guaranteed—but it strongly suggests the project has been technically studied and seriously considered.

👉 “We are not printing yet” is NOT the same as “we are not preparing.”

🇮🇶💵 The next question is: What legal and technical steps remain before printing can officially begin?

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🇮🇶 AL-ZAIDI AT 100 DAYS: IRAQ’S BIGGEST TESTS ARE STILL AHEAD

🇮🇶 AL-ZAIDI AT 100 DAYS: IRAQ’S BIGGEST TESTS ARE STILL AHEAD

📰 NEWS SUMMARY:
Prime Minister Ali Al-Zaidi has reached 100 days in office, but Iraq’s most difficult challenges are still ahead: militia disarmament, political disputes, oil exports, corruption, water shortages, public finances, and economic reform.

🔫 SEPTEMBER 30 IS THE BIG DATE

One of the government's most sensitive goals is bringing all weapons under state authority, with September 30 set as the deadline. The biggest challenge is implementation, particularly with Iran-aligned armed factions.

🏛️ THE GOVERNMENT IS STILL INCOMPLETE

Nine of Iraq’s 23 ministries—including Defense, Interior and Planning—still lack permanent ministers. These political disputes matter because Defense and Interior are directly connected to security, weapons and state authority.

💰 THE ECONOMIC SIDE IS JUST AS IMPORTANT

Iraq is working to diversify beyond oil by increasing non-oil revenues, reforming the banking, tax and customs systems, reducing government spending and encouraging private-sector investment.

🏦 AND THIS IS WHERE THE CBI BECOMES IMPORTANT

A stronger banking system, better financial controls and stronger state institutions create the environment needed for deeper monetary reform.

The article does NOT announce a revaluation or confirm that the Delete the Zeros project is being implemented. But it shows that Iraq is simultaneously working on many of the institutional and economic issues surrounding a potential currency reform.

🇮🇶 THE BIGGER PICTURE

Weapons under state control.
💵 Banking reform.
🛢️ More reliable oil exports.
💰 Higher non-oil revenues.
🚨 Anti-corruption measures.
🏛️ Stronger institutions.
🌍 Balanced international partnerships.

These aren't isolated developments. Together, they point toward an attempt to build a more sovereign and financially stable Iraqi state.

⏰ With September 30 approaching, the next few months could be extremely important.

🔥 The real question is no longer simply “What will happen to the dinar?”

It is:

“Can Iraq finally build the political, security and economic foundation necessary for its next monetary chapter?” 🇮🇶💵

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#Iraq #IQD #IraqiDinar #CBI #DeleteTheZeros #CurrencyReform #BankingReform #MonetaryReform #IraqNews #AlZaidi #September30 #IraqEconomy

https://shafaq.com/en/Report/Al-Zaidi-at-100-days-Iraq-s-toughest-tests-still-ahead

FRANK26….8-25-26….OUR GUEST IS WALKINGSTICK

 

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🇮🇶💻💰 IRAQ’S DIGITAL DINAR: ANOTHER PIECE OF THE FINANCIAL REFORM PUZZLE

 🇮🇶💻💰 IRAQ’S DIGITAL DINAR: ANOTHER PIECE OF THE FINANCIAL REFORM PUZZLE

📰 Prime Minister’s Advisor Mazhar Muhammad Salih called the digital dinar a promising strategic project that could improve monetary policy, liquidity management and government payments.

💡 Most importantly, he clarified that the digital dinar would NOT be a new currency.

🪙 It would be a digital form of the existing Iraqi dinar, with the same legal value as the physical dinar.

🏦 The goals include:

🔹 Reducing reliance on cash
🔹 Lowering currency handling and printing costs
🔹 Expanding electronic payments
🔹 Reducing the unregulated cash economy
🔹 Fighting tax evasion, money laundering and corruption
🔹 Improving financial inclusion
🔹 Modernizing Iraq’s banking system

🚀 Salih also confirmed that the CBI has already advanced electronic payment systems, digital wallets, POS devices and modern bank settlement systems.

🧠 My reading: When this is combined with the recent discussion about removing zeros and bringing large amounts of cash back into the banking system, the bigger picture becomes even more interesting.

🇮🇶 Iraq appears to be building the infrastructure for a more modern, transparent and increasingly digital monetary system.

⚠️ This does NOT confirm a revaluation or a new exchange rate. The digital dinar would initially maintain the same value as the physical dinar.

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PRIME MINISTER’S ADVISOR: DIGITAL DINAR A PROMISING PROJECT TO ENHANCE THE EFFICIENCY OF MONETARY POLICY

The Prime Minister’s advisor, Mazhar Muhammad Salih, confirmed on Monday that the digital dinar is a promising strategic project and not an independent solution to the liquidity crisis. While he pointed out that paying salaries digitally enhances the speed of payments and reduces cash transactions, he indicated that the success of the digital dinar depends on expanding banking services and infrastructure.

Saleh told the Iraqi News Agency (INA): “The proposal to launch the digital Iraqi dinar is one of the ideas that deserves to be studied within the framework of Iraq’s move towards digital transformation and the development of the financial system. 

If the digital dinar is meant to be a digital currency issued by the Central Bank of Iraq and enjoys the same legal force as the paper dinar, then it could represent a modern tool to enhance the efficiency of monetary policy, improve liquidity management, and develop the government payments system, which is what most central banks in the world are working on today.”

He added that “a sovereign digital currency does not mean creating a new currency, but rather issuing a digital form of the Iraqi dinar, so that it becomes available for electronic trading through digital wallets and bank accounts, while its value remains equal to the paper dinar,” explaining that “the importance of the digital currency lies in reducing reliance on cash, lowering printing, transportation and protection costs, speeding up payment processes, enhancing financial inclusion, as well as reducing the unregulated cash economy and its associated tax evasion, money laundering and corruption.”

Saleh pointed out that “the digital dinar should not be blamed for addressing the cash liquidity crisis, as the crisis, if it exists, is primarily linked to structural economic and financial factors, including the structure of the general budget, the level of government spending, citizens’ confidence in the banking sector, the size of deposits, and monetary policy,” stressing that “the digital dinar is a means to improve the efficiency of cash management, and not an independent cure for macroeconomic imbalances.”

He continued:

“The Central Bank of Iraq has made significant progress in the digital transformation process by expanding electronic payment systems, digital wallets, point-of-sale devices, and linking banks to modern settlement systems.” He pointed out that “these measures represent the foundation upon which future decisions can be made to issue a sovereign digital currency, but this requires completing the legal and legislative frameworks, strengthening cybersecurity, and providing a technological infrastructure capable of accommodating this transformation.”

He explained that “disbursing salaries to employees and retirees in digital form is technically possible, especially since a large segment of salaries are currently disbursed via bank cards linked to the localization of government salaries and pensions,” noting that “in the future, the possibility of depositing salaries directly into digital wallets or accounts linked to the digital dinar can be studied, which reduces the need for cash transactions, enhances the speed of payment execution, and limits the risks of transferring and handling money in cash.”

Saleh explained that “the success of this transformation depends on several requirements, 

1.most notably expanding the spread of banking services in all governorates,

2.increasing the number of electronic payment devices and ATMs,

3.improving the quality of communications and internet services, and

4.raising the level of digital financial literacy among citizens, in order to ensure that society accepts these modern methods and uses them with confidence and security.”

The Prime Minister’s advisor pointed out that “the launch of the digital Iraqi dinar represents a promising strategic project, but it is not a substitute for economic and financial reforms, rather it is part of them. Its success requires a more diversified economy, a more efficient banking sector, and disciplined financial policies, in addition to an integrated legal and technical framework. When these elements are available, the digital dinar can contribute to enhancing financial stability, improving liquidity management, and supporting the transition towards a more efficient and transparent digital economy, in line with modern global trends in managing monetary systems.”

MNT GOAT: 🇺🇸🇮🇶🔥 US PRESSURE, CBI PREPARATIONS & THE “IMMINENT” REMOVAL OF ZEROS

 MNT GOAT: 🇺🇸🇮🇶🔥 US PRESSURE, CBI PREPARATIONS & THE “IMMINENT” REMOVAL OF ZEROS

📰 A new report from Kurdistan24 says informed sources indicate that the United States is increasing pressure on Baghdad to accelerate the removal of zeros from the Iraqi dinar.

🎯 The reported objective is to:

🔹 Curb money laundering
🔹 Disrupt funds being smuggled abroad
🔹 Recover cash liquidity hoarded through illegal means
🔹 Strengthen Iraq’s financial system

🇮🇶 At the same time, other reports reveal that Iraq’s currency reform is moving through several important stages.

🏦 THE CBI & PARLIAMENT

The Parliamentary Finance Committee has reportedly been discussing the removal of zeros with the Central Bank of Iraq.

💵 The CBI has reportedly prepared new banknote designs, with final samples covering all denominations.

📊 The reported plan includes approximately 7.5 billion new banknotes, with estimated production costs of around 250 billion IQD.

🌍 Germany, France, Australia and the United Kingdom have reportedly been selected to produce the new currency.

📜 But there is one essential requirement:

A special draft law must be approved before the Central Bank can formally implement the currency change.

According to the information from Mnt Goat’s CBI contact, this draft law has already been prepared and sent toward Parliament for discussion.

🚨 THEN COMES THE BIG DEVELOPMENT

On August 25, Parliamentary Finance Committee member Jamal Kojar confirmed that there is a government trend toward officially removing zeros from the Iraqi dinar and issuing a new paper currency.

He also explained that removing zeros would help Iraq meet certain international standards, including the transition toward electronic currency trading, while helping combat corruption and develop commercial activity.

💱 Mnt Goat interprets this reference to electronic currency trading as being connected to international FOREX trading, rather than the future digital dinar.

🇺🇸 And the report further states that the Iraqi government received recommendations from international bodies, including the United States, to remove zeros in order to strengthen confidence in the dinar and help attract foreign investment.

🔥 THE BIGGER PICTURE

The sequence now being reported is:

🇺🇸 International pressure & recommendations
⬇️
🏦 CBI discussions
⬇️
💵 New banknote designs
⬇️
📜 Draft legislation
⬇️
🏛️ Parliamentary involvement
⬇️
🇮🇶 Government confirmation
⬇️
🚨 “IMMINENT” removal of zeros
⬇️
💱 Mnt Goat’s anticipated next stage: international FOREX

🧠 The key takeaway: The removal of zeros is increasingly being presented as part of a much broader restructuring of Iraq’s monetary and financial system.

🔥 The question is no longer simply whether Iraq has discussed removing zeros—but how quickly the legislative and implementation stages can now move forward.

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🚨 CBI INSIDER INTEL EXPOSES THE REAL STATUS OF IRAQ'S MONETARY REFORM! 🇮🇶💵 #iqd #iraq

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