Friday, September 18, 2026

๐Ÿšจ IRAQ WANTS TO ACCELERATE: A WORD WE SHOULD NOT OVERLOOK ๐Ÿ‡ฎ๐Ÿ‡ถ

CHANNEL8

Iraqi Finance Minister Faleh al-Sari met with a senior World Bank delegation led by Middle East Division Director Dahlia Khalifa and Country Manager for Iraq Emmanuel Salinas in Baghdad, stressing that “cooperation with the bank encompasses several vital sectors linked to financial and economic reform.” Read more: channel8.com/english/news/6
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๐Ÿšจ IRAQ WANTS TO ACCELERATE: A WORD WE SHOULD NOT OVERLOOK ๐Ÿ‡ฎ๐Ÿ‡ถ

There is one word in this news that, in my opinion, deserves our full attention: “ACCELERATE.”

After years of Iraq moving slowly and, at times, dragging its feet on different aspects of its economic and financial reforms, we are now seeing different language: accelerating the process and moving reforms from planning into practical implementation.

That is exactly what stands out in this report about cooperation between Iraq’s Ministry of Finance and the World Bank.

๐Ÿ“Œ This is not simply another reform being announced.
๐Ÿ“Œ The emphasis is on ACCELERATING.
๐Ÿ“Œ It is about moving from plans to practical applications.
๐Ÿ“Œ And it is about completing stages connected to Iraq’s financial and economic modernization.

My observation is simple: when a country that has taken so long to move forward begins publicly talking about “accelerating” and “completing” reforms, we should pay close attention to the pace of implementation. ๐Ÿ‘€

This does not automatically mean that a currency change or an immediate revaluation of the dinar is about to happen. But it does point to something important:

Iraq appears to be entering a phase where the execution and speed of its economic reforms are becoming increasingly important.

⏳ The question is no longer simply:

“What reforms does Iraq have?”

But rather:

“How quickly will Iraq implement them?”

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ’ฐ The pace of implementation will be one of the most important things to watch.


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๐Ÿšจ IRAQ’S “DELETE THE ZEROS” STRATEGY: COULD IT SIGNAL A MAJOR CURRENCY REFORM AHEAD? ๐Ÿ’ฐ๐Ÿฆ #iqd

 


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Iraq: Sovereignty Before Weapons

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ”ฅ IRAQI FACTIONS HAVE MADE THEIR POSITION CLEAR: “SOVEREIGNTY IN EXCHANGE FOR WEAPONS”

๐Ÿ“ข WHAT’S HAPPENING IN IRAQ?

A new report from Shafaq News highlights an important development in Iraq’s ongoing discussions over weapons held by armed factions.

Iraqi factions are linking the issue of restricting weapons to the achievement of full Iraqi sovereignty.

Their position is essentially:

๐Ÿ›ก️ Weapons in exchange for sovereignty.

According to the statements reported, the factions say they will not give up their weapons unless Iraq has greater control over:

๐Ÿ‡ฎ๐Ÿ‡ถ Its territory
✈️ Its airspace
๐Ÿ›️ Its political decision-making
๐Ÿ’ฐ Its economic independence
๐Ÿ›ก️ Its national security

๐Ÿ“… WHY IS SEPTEMBER 30 IMPORTANT?

There is an important distinction here.

September 30 is associated with the transition involving the international coalition’s military mission in Iraq.

However, the report does not say that all armed factions will simply hand over their weapons on September 30.

Instead, the date appears to represent an important transition point.

According to the report, discussions about the future of weapons, their presence, and their use could continue after September 30.

๐Ÿค NEGOTIATIONS ARE UNDERWAY

Reported discussions involve:

๐Ÿ‡ฎ๐Ÿ‡ถ Iraqi government security and military representatives
๐Ÿ›️ The Coordination Framework
๐Ÿ›ก️ The Popular Mobilization Forces
⚔️ Representatives of armed factions

The objective is to discuss possible mechanisms for bringing weapons under state authority.

But there is an important caveat:

⚠️ There is currently no final agreement on the mechanism for restricting weapons to the state.

The report says some factions have rejected handing over their military capabilities and that alternatives such as regulating or freezing weapons have also been discussed.

๐Ÿ”ฅ THE BIGGER ISSUE: IRAQI SOVEREIGNTY

This is bigger than simply whether weapons are handed over.

The factions are presenting the issue as part of a broader question:

Who ultimately controls Iraq’s security, territory, airspace, political decisions, and economic direction?

From their perspective, weapons are connected to sovereignty.

From the government’s perspective, the long-term objective is greater state authority over security.

That creates a complicated negotiation.

๐Ÿ‡ฎ๐Ÿ‡ถ MY TAKE

I think this is an important development to watch because it is another piece of Iraq’s broader transformation.

Security, sovereignty, economic reform, banking reform, and monetary stability are not completely separate issues.

A stronger state, greater security coordination, stronger institutions, and improved financial systems can all contribute to Iraq becoming more stable and more integrated into the international financial system.

But we should be careful not to get ahead of the facts.

๐Ÿ“Œ September 30 does NOT automatically mean disarmament.

๐Ÿ“Œ There is NOT yet a final agreement.

๐Ÿ“Œ Negotiations are still ongoing.

๐Ÿ“Œ The real significance may be what happens after September 30.

And this is where I will be watching closely. ๐Ÿ‘€

If Iraq can continue moving toward greater sovereignty and stronger state authority while maintaining political stability, that could become an important foundation for the country’s broader economic and financial reforms.

๐Ÿ›ก️ Security first.
๐Ÿ‡ฎ๐Ÿ‡ถ Sovereignty next.
๐Ÿฆ Institutional and financial reform continues.
๐Ÿ’ฑ Monetary policy comes after the foundation is stronger.

๐Ÿ”ฅ THE BOTTOM LINE

The story is not simply:

“Iraqi factions are giving up their weapons.”

The story is:

Iraq is negotiating the conditions under which weapons, sovereignty, and state authority can coexist under a new security framework.

That process is not finished.

But September 30 could mark an important transition — and what happens afterward may be even more significant.

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ‘€ Watch the actions, the agreements, and the official announcements — not just the headlines.



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IRAQI FACTIONS HAVE MADE THEIR DECISION: SOVEREIGNTY IN EXCHANGE FOR WEAPONS

On Tuesday, armed factions in Iraq affirmed that the issue of restricting weapons cannot be separated from achieving full sovereignty for Iraq, while considering that the September 30th deadline represents a test of the seriousness of the United States and the international coalition in implementing their commitments to the Iraqi government.  


The spokesman for the Sayyid al-Shuhada Brigades, Kazem al-Fartousi, told Shafaq News Agency that the issue of restricting weapons was discussed through a committee formed from the coordination framework and another from the resistance factions, indicating that the discussions witnessed the determination of priorities regarding this issue.


Al-Fartousi explained that “the principle put forward by the factions, which cannot be divided or negotiated, is that this weapon is in exchange for sovereignty,” stressing that they will not give up the weapon unless there is full sovereignty in the country.


He added that this requires protecting the Iraqi people, land, and skies, as well as national gains, in addition to protecting political decision-making and economic independence, noting that the ten demands put forward by the factions are “national and concern all of Iraq from north to south.”


He explained that these demands are not related to the interests of the resistance factions, but rather represent, in his words: “a definition of sovereignty, an expression of it, and how to achieve full sovereignty for this nation.”


Regarding the government’s ability to respond to these demands, Al-Fartousi pointed out that “part of these demands are included in the government program,” stressing that the issue is not only about whether the government responds or not, but is related to “where Iraq’s interest lies.”


He pointed out that the Iraqi government represents the executive administration of the Iraqi people and the country’s interest, while the coordinating framework, as the owner of the principle and political action, bears the responsibility of considering, establishing and engineering the work of the government.


Regarding the date of September 30, and whether it represents a date for resolving the issue of restricting weapons, Al-Fartousi explained that there is “confusion about dates,” and that this is the date of the withdrawal of coalition forces from Iraq.


According to him, this date represents “the first test of the seriousness of the Trump administration and the coalition in implementing their commitments to the Iraqi government,” noting that “after September 30, the discussion will begin about the issue of weapons, their presence and use.”


Al-Fartousi concluded his remarks by saying that some of the issues raised “need time,” while other issues “only need a political decision and do not need much time.”


Sources revealed two days ago that a preliminary agreement had been reached to hold a meeting that would include official government military and security parties, along with leaders from the coordination framework, representatives of the Popular Mobilization Forces, and representatives of armed factions, to discuss the mechanism for restricting weapons to the state, before the deadline of September 30, before it was postponed due to the absence of the Al-Nujaba Movement.


According to the sources, the meeting “does not mean reaching a final agreement on the mechanism for restricting weapons,” but rather comes within the framework of efforts to calm tensions and prevent any possible escalation, and to try to reach solutions and understandings regarding the process of restricting weapons.


A source told Shafaq News Agency last Sunday that the armed factions will not hand over their weapons on September 30, while also mentioning the second option being discussed in the negotiations, which is to regulate or freeze the weapons.


Two weeks ago, the coordination framework formed a tripartite committee comprising Mohammed Shia al-Sudani, Nouri al-Maliki, and Hadi al-Amiri, in order to contain the repercussions of restricting weapons to the state, especially after the media escalation and scaremongering witnessed in the Iraqi arena regarding this issue.


Over the past few days, the tripartite committee has held many dialogues and discussions with the factions concerned with the issue of restricting weapons.


It is worth noting that the state’s monopoly on weapons does not have the consensus of the Iraqi factions, as the Al-Nujaba Movement, Kataib Hezbollah, Kataib Sayyid al-Shuhada and other factions announced their refusal to give up their military capabilities on September 30, the date set by the Iraqi government, which coincides with the end of the international coalition’s military presence in Iraq, as these factions link the future of their weapons to the withdrawal of foreign forces.


The State Administration Coalition, which includes the most prominent Shiite, Sunni and Kurdish political forces in Iraq, had warned that any armed activity outside the framework of the state after September 30 would be dealt with according to the anti-terrorism law.

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ถ U.S. WARNS IRAQ: DISARM MILITIAS BY SEPT. 30 OR FACE DOLLAR PRESSURE ⚠️๐Ÿ’ต

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ถ U.S. WARNS IRAQ: DISARM MILITIAS BY SEPT. 30 OR FACE DOLLAR PRESSURE ⚠️๐Ÿ’ต

According to two Iraqi government sources cited by Kurdistan24, Washington has warned Iraq that dollar transfers could be suspended if Iran-aligned armed factions do not surrender their weapons by September 30, 2026.

The reported warning could have major economic consequences for Iraq, potentially affecting:

๐Ÿ’ต Dollar liquidity
๐Ÿ“‰ The Iraqi dinar exchange rate
๐Ÿ›ข️ Oil revenues and financial flows
๐Ÿ“ฆ Import financing
⚔️ The future of Iran-aligned militias
๐Ÿ‡บ๐Ÿ‡ธ The U.S. military presence in Iraq

Several armed factions are reportedly resisting disarmament, with some demanding a complete withdrawal of U.S. forces from Iraq.

⚠️ Important: Kurdistan24 says it has not independently obtained a U.S. government document confirming the ultimatum, and Washington has not publicly confirmed the reported cutoff.

September 30 could therefore become a critical deadline for Iraq's security, politics, and economy.


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U.S. WARNS IRAQ: DISARM MILITIAS BY SEPT. 30 OR DOLLAR TRANSFERS STOP

Two Iraqi government sources tell Kurdistan24 that Washington could halt dollar transfers unless Iran-aligned armed factions disarm by Sept. 30.

The Trump administration has warned Iraq that monthly dollar transfers could be suspended unless Iran-aligned armed factions surrender their weapons by Sept. 30, two sources familiar with the Iraqi government told Kurdistan24, tying one of Washington’s most powerful financial levers over Baghdad to an increasingly contentious disarmament deadline.

The sources said the warning was delivered directly to Prime Minister Ali al-Zaidi during his visit to Washington, where U.S. officials made clear that failure to curb armed groups threatening American and regional interests would carry consequences for bilateral relations and Iraq’s access to dollar liquidity.

Kurdistan24 has not independently obtained a U.S. government document setting out the warning, and no public statement from Washington confirming the ultimatum was included in the reporting. The account rests on two Iraqi government sources familiar with the discussions.

One source said Washington had already demonstrated its ability to exert pressure through the timing of dollar transfers early in al-Zaidi’s tenure.


“From the beginning of Ali al-Zaidi’s time in office, America delayed the timing of dollar transfers, and this had a direct impact on the value of the dinar,” the source told Kurdistan24.


The source said transfers later returned to normal following al-Zaidi’s Washington visit after the two sides reached an understanding.


According to the same source, U.S. officials told the Iraqi prime minister that Baghdad’s inability to prevent armed groups from targeting American interests or neighboring countries would damage relations and that the problem had to be addressed at its source.


The warning substantially raises the stakes surrounding the Sept. 30 deadline.


Until now, the dispute over weapons outside direct state control has largely been framed as a security and sovereignty issue. The reported U.S. position adds a potentially immediate economic consequence to Baghdad’s handling of Iran-aligned factions.


Pressure on Baghdad After Washington Visit


According to Kurdistan24’s sources, al-Zaidi returned from Washington convinced that a disruption to dollar flows represented a genuine risk. He subsequently pushed through the Coordination Framework for armed factions to accelerate the surrender of weapons, the sources said.


That effort initially moved with greater urgency, but several armed groups responded with threats against the prime minister, prompting the issue to be handed to the Coordination Framework for further negotiations, according to the reporting.


Several factions, including Kataib Hezbollah, Harakat al-Nujaba, Kataib Sayyid al-Shuhada, Saraya Awliya al-Dam, Ashab al-Kahf and the Karbala Battalions, have resisted the weapons handover process.


Some have sought to portray the process as a reorganization rather than disarmament and have attached conditions that include a complete withdrawal of U.S. forces from Iraq. Those positions illustrate the political difficulty facing Baghdad: Washington is demanding measurable action by a fixed deadline, while some of the factions expected to disarm reject the premise or conditions of the process.


Why Dollar Transfers Matter


The significance of the U.S. warning stems from the structure of Iraq’s oil-dependent financial system.


Economic observers note that Iraq’s oil revenues are held through the Central Bank of Iraq’s account at the Federal Reserve Bank of New York, with dollar liquidity subsequently made available to Iraq’s financial system.


The arrangement gives Washington considerable influence over the movement of U.S. currency into Iraq.


Disruptions to that flow can put pressure on the dinar’s market exchange rate and complicate the Central Bank’s ability to supply foreign currency to an economy heavily dependent on imports.


The report cited an earlier delay in a $500 million dollar shipment in April 2026 as an example of the market’s sensitivity to interruptions. The backgrounder also placed Iraq’s foreign-currency reserves at $79.2 billion in August, down from $97.8 billion in April.


Those figures help explain why the reported U.S. warning carries consequences beyond the immediate security dispute.


A prolonged restriction on dollar liquidity could affect exchange-rate stability, import financing and the government’s broader fiscal position. The exact economic effect would depend on the scope and duration of any U.S. measure, and the supplied reporting does not establish that Washington has yet implemented a cutoff.


Sept. 30 Becomes a Wider Pressure Point


The date has acquired broader strategic significance.


According to Kurdistan24’s follow-up, Sept. 30 also coincides with the scheduled conclusion of the international anti-ISIS coalition’s military mission in Iraq, while Baghdad has been pressing armed factions to bring weapons under state authority.


Washington’s reported ultimatum therefore connects three issues that have often been treated separately: the future of the U.S.-led military presence, the status of Iran-aligned armed groups and Iraq’s access to dollar liquidity.


For al-Zaidi’s government, that creates a compressed timetable.


The prime minister must navigate factions that retain significant armed and political influence while also avoiding a confrontation with Washington that could spill rapidly from security relations into the economy.


The sources who spoke to Kurdistan24 portrayed the dollar warning as an attempt to force that choice. If their account is borne out, the Sept. 30 deadline is no longer simply a test of whether Baghdad can persuade armed factions to relinquish their weapons.


It is also a test of how far Washington is prepared to use financial leverage to compel Iraq’s government to enforce state control over armed actors, and how much economic risk Baghdad is willing to carry if the disarmament process falls short.


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CBI CONTACT INTEL: ๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ“ข IRAQ'S MONETARY REFORM: THE DELETE THE ZEROS PROJECT AND THE ROAD AHEAD #iqd

 


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๐Ÿ‡ฎ๐Ÿ‡ถ IRAQ — CURRENT SITUATION STATUS

๐Ÿ‡ฎ๐Ÿ‡ถ IRAQ — CURRENT SITUATION STATUS

๐Ÿ“Š Status Report | September 16, 2026

Iraq is currently going through a multi-layered transition involving security, banking, liquidity, oil, international finance and relations with the United States.

The important point is that several developments are happening at the same time, but they should not automatically be interpreted as confirmation of a dinar revaluation.

๐Ÿฆ 1. BANKING & LIQUIDITY — ACTIVE REFORM

One of the central issues is liquidity inside the Iraqi banking system.

Iraq continues working on strengthening banks, improving compliance, increasing financial transparency and connecting Iraqi institutions more effectively with international banking networks.

The underlying challenge is that significant amounts of cash remain outside the formal banking system, limiting the ability of banks to expand lending and financial activity.

The U.S. has also been involved in efforts to strengthen Iraq's banking sector and dollar-transaction controls. Atlantic Council+1

STATUS: ๐ŸŸ  ACTIVE / DEVELOPING


๐Ÿ’ต 2. DINAR & EXCHANGE MARKET

The major issue remains the difference between Iraq's official exchange system and the parallel market.

The CBI's broader objective is to improve the functioning of the official financial system and reduce distortions in the currency market.

However:

❌ No confirmed revaluation has been announced.
❌ No confirmed new IQD exchange rate has been announced.
❌ No official implementation date for "Delete the Zeros" has been established in the information reviewed.

Therefore, the currency story remains a reform process, not a confirmed RV event.

STATUS: ๐ŸŸ  DEVELOPING


๐Ÿ“Š 3. IRAQ STOCK EXCHANGE / FOREX REGULATION

Iraq is also moving toward greater regulation of financial-market activities, including Forex and leveraged products.

This is significant for the development of Iraq's financial infrastructure, but it should not be confused with the Iraqi dinar itself becoming a freely traded global Forex currency.

STATUS: ๐ŸŸข REGULATORY DEVELOPMENT


๐Ÿฆ 4. BANKING SECTOR — MAJOR STRUCTURAL ISSUE

Iraq has a large number of banks and financial institutions, but the key issue is their international capacity.

Capitalization, liquidity, governance, compliance and correspondent-banking relationships remain important areas of development.

The direction being discussed is toward stronger institutions capable of operating more effectively within the international financial system.

STATUS: ๐ŸŸ  MAJOR REFORM AREA


๐Ÿ›ข️ 5. OIL & GAS

The Oil & Gas Law remains one of Iraq's important unresolved economic files.

At the same time, Baghdad and Erbil have been reporting progress and understandings regarding:

  • Oil

  • Budget arrangements

  • Revenues

  • SOMO

  • Trade/customs systems

There are also new energy discussions with international companies such as TotalEnergies. Reuters

Iraq's oil exports remain economically critical, and recent disruptions have created additional pressure on the sector. Reuters

STATUS: ๐ŸŸ  ACTIVE / NEGOTIATIONS CONTINUE


๐Ÿ‡บ๐Ÿ‡ธ 6. U.S.–IRAQ RELATIONS

This is currently one of the most important areas to watch.

The United States is moving toward the end of its current military mission in Iraq, with remaining troops expected to leave by September 30, 2026. AP News

At the same time, Washington continues to emphasize Iraqi sovereignty and state control over armed groups.

This means the relationship is increasingly shifting from a primarily military framework toward a combination of:

๐Ÿ‡บ๐Ÿ‡ธ Security
๐Ÿ’ต Finance
๐ŸŒŽ Economic cooperation
๐Ÿฆ Banking
๐Ÿค Strategic partnership


๐Ÿ›ก️ 7. ARMED FACTIONS — HIGH ATTENTION

This is currently one of the biggest uncertainties.

The Iraqi government is under pressure to bring weapons under state authority.

However, several powerful armed factions have indicated that they do not intend to surrender their weapons by September 30 and instead link the issue to the complete withdrawal of foreign forces. AP News

This creates a significant political and security challenge for Baghdad.

The situation became even more serious following a drone attack on Saudi infrastructure that was traced to Iraq, prompting Baghdad to launch an investigation and remove a provincial military commander. Financial Times

STATUS: ๐Ÿ”ด HIGH-RISK / UNRESOLVED


๐Ÿ’ฐ 8. IRAQ'S DOLLAR SYSTEM

Iraq remains heavily dependent on oil revenues and the international dollar system.

This makes access to dollars extremely important for:

๐Ÿ’ต Government spending
๐Ÿ“ฆ Imports
๐Ÿฆ Banking
๐ŸŒŽ International trade
๐Ÿ’ด Currency-market stability

Any major disruption to Iraq's access to international dollar liquidity could therefore have significant economic consequences.

STATUS: ๐ŸŸ  CRITICAL INFRASTRUCTURE


๐ŸŒŽ 9. INTERNATIONAL FINANCIAL INTEGRATION

The larger objective appears to be creating a financial system capable of operating more effectively internationally.

That involves:

๐Ÿฆ Stronger banks
๐Ÿ’ฐ More capital
๐Ÿ” Better compliance
๐Ÿ“Š Better regulation
๐ŸŒŽ Correspondent banking relationships
๐Ÿ’ณ Digital payments
๐Ÿ’ต Better currency-market controls

Iraq's transition is therefore much larger than simply changing the exchange rate.


๐Ÿ›️ 10. POLITICAL & INSTITUTIONAL REFORM

The government is also dealing with corruption, institutional restructuring and questions surrounding Iraq's political system.

Recent reporting describes a significant anti-corruption campaign involving arrests and seizures of cash and gold. The Guardian

At the same time, questions remain about how effectively the government can consolidate authority over political and armed groups.

STATUS: ๐ŸŸ  ACTIVE / UNCERTAIN


๐Ÿ“… 11. THE NEXT IMPORTANT WINDOW

The period leading into September 30 deserves close attention.

Several issues converge around this date:

๐Ÿ‡บ๐Ÿ‡ธ U.S. military transition
๐Ÿ›ก️ Armed-faction question
๐Ÿ›️ Iraqi sovereignty
๐Ÿ’ต Financial relationships
๐Ÿ‡ฎ๐Ÿ‡ถ Government authority

What happens after September 30 could provide important information about the next phase of Iraq's political and security structure.


๐Ÿ‡ฎ๐Ÿ‡ถ OVERALL STATUS

๐ŸŸข MOVING FORWARD

  • Banking modernization

  • Financial-market regulation

  • International economic relationships

  • Energy cooperation

  • Institutional reform efforts

๐ŸŸ  STILL DEVELOPING

  • Banking liquidity

  • Currency-market normalization

  • Oil & Gas legislation

  • International banking integration

  • Baghdad–Erbil economic arrangements

  • Dollar-market reforms

๐Ÿ”ด MAJOR UNRESOLVED ISSUES

  • Armed factions and weapons under state control

  • U.S. transition

  • Parallel-market distortions

  • Full modernization of the banking sector

  • Long-term institutional consolidation

๐Ÿ”ฅ THE BIG PICTURE

Iraq is not sitting still.

The country is simultaneously dealing with its banking system, liquidity, currency market, oil legislation, international financial integration, security structure and relationship with Washington.

But the facts currently support describing this as a period of major reform and transition, not as confirmation that a specific dinar revaluation is imminent.

๐Ÿ‘€ The key things to watch now:

CBI decisions → Banking liquidity → Dollar market → Banking reforms → Oil & Gas → September 30 → Armed factions → U.S.–Iraq financial relationship → Currency policy.

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ’ต The next phase will be determined by what Iraq actually implements — not by speculation.


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๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ’ต CBI UNDER PRESSURE: THE PARALLEL MARKET MATTERS

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ’ต CBI UNDER PRESSURE: THE PARALLEL MARKET MATTERS ๐Ÿ“ฐ NEWS SUMMARY The Central Bank of Iraq says it has enough foreign reserves to meet ...