$3 billion is waiting to arrive... Kujer links the delay to the high exchange rate!
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Jamal Kojar, a member of the parliamentary finance committee, suggested on Wednesday that the delay in the arrival of a $3 billion payment of Iraqi funds held in the United States could be a possible reason for the rise in the dollar exchange rate in the parallel market, stressing that he is not sure that these funds have arrived yet.
Kujer told Al-Mada that the government was relying on the arrival of dollars from the United States, explaining that a call was made to Prime Minister Ali Falih al-Zaidi the day after the decision to raise the exchange rate was issued, which included a promise to release $3 billion of Iraqi funds that were there, which were previously released in small installments, to be disbursed this time in one lump sum.
He added that the delay in the arrival of the funds may, in his opinion, be one of the reasons for the rise in the exchange rate in the parallel market, stressing that he has no confirmation as to whether the funds have arrived or not.
Regarding the expected level of exchange rate stability, Kujer explained that government intervention and taking measures to provide dollars would keep the price at around 155,000 to 156,000 dinars per 100 dollars, while the gap between the official and parallel prices may widen to what it was previously, around 15 to 20 points, if the government does not intervene.
He pointed out that the price of a barrel of oil specified in the budget is $58, before clarifying that the anticipated payment of American funds is allocated to support the exchange rate, and not to support the budget, stressing that the American government does not send money to finance the Iraqi budget.
Commenting on the IMF’s praise for the financial reforms, Koger questioned the nature of the reforms in question, suggesting that the praise was related to the implementation of the new budget, and noting that he did not see any other clear financial reforms so far.
Government spokesperson: The dollar will reach 1550 dinars in the parallel market in the near future.
Government spokesman Haider al-Aboudi confirmed on Wednesday that the government and the central bank are working according to a well-thought-out plan to bring the price of the dollar in the parallel market down to 1,550 dinars in the near term.
Al-Aboudi said in a statement to the official agency, which was followed by “Iraq Observer”, that the plan is based on secure and sufficient balances at the Central Bank, which allow for the financing of foreign trade with high smoothness and to meet import needs.
He added that the necessary financial allocations for the previous transfers, based on the adoption of the current exchange rate, have been secured, ensuring that they will be completed according to the previous rate and that the associated obligations will be met.
He noted that the decision to exempt imported food and medicine from customs duties came into effect as of October 7.
After half a century of absence, President Al-Zaidi brings Iraqi shipping back to the seas and opens a new gateway for global trade.
The Iraqi government, headed by Ali al-Zaidi, is preparing to reinstate the national shipping line to regional trade routes after an absence of more than half a century. This move signals a trend toward reviving the maritime transport sector and strengthening Iraq's presence in commercial shipping, coinciding with efforts to expand cooperation with Asian and Gulf countries and diversify the routes for goods reaching Iraqi ports. This will contribute to developing the transport system and reducing reliance on foreign companies.
The Ministry of Transport announced that October 15th will witness the launch of the first voyage of the Iraqi Shipping Line from the Jebel Ali port in the UAE to the Umm Qasr port in Basra Governorate. This comes after the cessation of Iraqi cargo ship activity in the region since the mid-1960s, and aims to provide a national option for transporting containers and goods and enhance Iraq's ability to participate in regional trade.
This return comes within the Ministry of Transport’s plans to activate national carriers and develop their operational capabilities, in parallel with expanding maritime and land transport routes. The General Company for Iraqi Ports had previously announced that it was conducting talks with the Sultanate of Oman to enhance trade links between the two countries, and to facilitate the movement of goods from Omani ports to the port of Umm Qasr, with the possibility of linking these routes to the Grand Faw Port and the Development Road project.
A surge in trade activity
In this context, the spokesman for the General Company for Maritime Transport, Talib Al-Badiri, affirmed that “the ongoing moves to develop maritime transport lines and link Iraqi ports to Asian markets represent an important step to enhance foreign trade, especially in light of the challenges facing international navigation,” noting that “diversifying shipping routes and cooperating with countries that have advanced ports and transport networks would facilitate the arrival of goods to Iraq and reduce the impact of regional unrest on import and export activity.”
Al-Badiri told Iraq Observer that “strengthening trade ties with China, India, Oman, and the UAE opens up broader horizons for Iraqi ports, especially Umm Qasr Port, particularly with the move to revitalize national shipping lines and develop transport capabilities.” He explained that “the importance of these routes is not limited to receiving imported goods, but extends to the possibility of expanding export activity and enhancing Iraq’s role in regional and international trade.”
These moves reinforce the government’s efforts to capitalize on Iraq’s geographical location in building an integrated transport network linking southern ports to regional markets, especially since developing national shipping lines can give Iraqi companies additional options for transporting goods and help revitalize port operations and related logistics services.
The General Company for Iraqi Ports had previously announced the opening of a direct shipping line linking the UAE’s Rashid Port to Umm Qasr Port, and the arrival of the first ship on this route last December, indicating expanding maritime cooperation with the UAE. The anticipated return of the Iraqi shipping line represents a further step in restoring the national carrier to this activity.
The return of the Iraqi maritime line after more than fifty years constitutes a new milestone in the rehabilitation of the national transport system, with the launch of its first voyages expected tomorrow, Thursday. The success and continuation of this step will enhance Iraq’s presence in the maritime shipping market and give foreign trade broader options in the coming period.
A Saudi expert says President Al-Zaidi's visit to Saudi Arabia is "key to solutions" and a promising step towards regional stability.
Saudi expert and political analyst Ashiq bin Mohammed bin Saeedan stated that the Iraqi Prime Minister's visit to Riyadh carries promising positive dimensions and represents a significant strategic step towards strengthening regional stability.
In a statement to Iraq Observer, he explained that this visit constitutes a genuine gateway to opening new horizons of robust diplomatic and economic cooperation between Baghdad and Riyadh, thus contributing to establishing strong foundations for bilateral partnership.
In his analysis of the political aspects, Bin Saeedan described the visit as “key to solutions,” explaining that it reflects a shared desire to coordinate efforts and strive earnestly to find peaceful and sustainable solutions to the crises facing the region during this sensitive and complex period. He indicated that the step lays the foundation for an advanced stage of constructive dialogue aimed at achieving comprehensive regional security and prosperity.
Bin Saeedan also highlighted the humanitarian and political significance of the visit, considering it a genuine show of solidarity with the Kingdom of Saudi Arabia following the recent attacks targeting civilian sites, holy sites, and airports, reaffirming Iraq’s unwavering stance against terrorism. On the security front, he noted that security and political issues topped the agenda, particularly regarding the establishment of intelligence cooperation and direct coordination for information sharing and preventing any future border violations.
In his analysis, he emphasized the importance of the economic file in the bilateral talks, pointing to their focus on stimulating mutual investments in vital sectors including energy, electricity interconnection, and agriculture.
“Bin Saeedan” stressed that creating a safe and successful investment environment is a prerequisite for attracting Saudi and Gulf funds to the Iraqi market, stressing that these factors promise a bright future and strong and fruitful partnerships at all levels.
Money outside of oversight... Is the state unable to collect it or unable to dismantle the vested interests benefiting from it?
Iraq's shadow economy is expanding at the expense of the state treasury and the formal private sector, amid a gap between potential revenues and those actually entering the budget. The problem is not limited to unregistered businesses, but extends to tax and customs evasion and undocumented transactions, with concerns that some channels are being exploited for smuggling and money laundering.
Ministry of Finance data reveals that non-oil revenues reached approximately 8.74 trillion dinars during the first seven months of 2026, compared to total public revenues of 39.09 trillion dinars, of which 30.36 trillion dinars came from oil. These figures highlight the continued reliance on crude oil, despite the need to diversify public funding sources.
According to OECD data based on the 2021 Iraqi Labor Force Survey, approximately 5.73 million people work in informal jobs, representing 66.6% of the total workforce. In 2023, the Ministry of Planning formed a committee to study the phenomenon, develop the tax system, and establish databases, with the participation of regulatory and financial bodies.
Experts believe that addressing this issue requires tracing the sources of funds, identifying the true beneficiaries within companies, and scrutinizing contracts and border crossings, particularly in cases where economic interests may intersect with political influence. They warn against the use of front companies and commercial transactions to conceal potential proceeds from corruption and smuggling, while emphasizing the importance of the independence of oversight bodies.
Expert Ziad Al-Hashemi attributes the prevalence of informal economic activity to complex procedures and inadequate funding and services, making registration a burden for small businesses. He suggests reducing establishment costs, facilitating access to loans, and providing legal and social protection to transform registration from a costly obligation into an opportunity for growth and expansion.
An economist speaks about investment: "Iraq is a hostile environment."
Economic expert Dirgham Muhammad Ali affirmed on Wednesday that reviving the Iraqi economy requires fundamental changes to existing laws and the removal of obstacles facing industrialists and investors. This would facilitate their acquisition of investment licenses and encourage the expansion of productive activity.
Ali told Al-Maalouma that "improving the economic situation cannot be achieved without reviewing current legislation and procedures," emphasizing the need to provide a suitable environment that enables investors to implement their projects without the administrative complexities that hinder their launch.
He added that "industrial development in Iraq needs a reformulation of its philosophy to align with the requirements of the current stage," explaining that the continued reliance on traditional and bureaucratic methods has turned administrative procedures, which may be beneficial to some employees, into a burden on investors and project owners.
Ali stated that "addressing administrative red tape and genuinely activating the one-stop shop system are essential steps to facilitate the completion of transactions within specific timeframes, instead of the multiple reviews and procedures that waste investors' time and increase the cost of establishing projects."
He pointed out that the persistence of inherited administrative systems and the complexity of investment procedures have contributed to making the Iraqi investment environment unattractive to capital, emphasizing that attracting investments requires administrative and legislative reforms that ensure the swift completion of transactions, enhance confidence in state institutions, support national industry, and provide new job opportunities.
A conditional "green light"... Has Washington approved al-Zaidi's government?
The completion of the government formation and the entry of figures affiliated with armed factions into the race for portfolios and positions has revived the debate about the future of those forces after the withdrawal of US forces, and the limits of Washington’s influence on Iraqi political decision-making, coinciding with demands to strengthen air defenses and take international action against any violation of the country’s sovereignty.
Kato Saadallah, a researcher in American affairs, believes, in a statement followed by (Al-Mada), that the administration of US President Donald Trump is no longer interested in direct intervention in Iraqi political affairs after the withdrawal of its forces, noting the absence of a current memorandum of understanding between the governments of Baghdad and Washington regarding the formation of the government.
The United States and the international coalition forces had announced the end of Operation Inherent Resolve and the completion of the withdrawal of their forces and equipment from Iraq on September 30, 2026.
Saadallah believes that the participation of figures affiliated with armed factions in the new cabinet can be interpreted as a shift from armed action to political activity, considering that forces, including Asaib Ahl al-Haq, have shown a willingness to respond to Prime Minister Ali Faleh al-Zaidi’s call to engage in state institutions.
He added that Washington’s future dealings with Baghdad will not be determined solely by the names and affiliations of ministers, but rather by the actions taken by the government and its ability to build trust-based relationships with the United States, neighboring countries, and the Gulf.
He stressed that the main challenge facing the government is to prove the independence of its decision-making and its sovereignty, and its ability to manage the country’s affairs away from the interference of external parties.
Talk of an "American condition"
In contrast, political analyst Nizar Haidar believes that granting government portfolios and positions to figures affiliated with the factions is part of an attempt to push them to disarm and abandon their previous military approach.
Haider said, in a statement followed by (Al-Mada), that there is an American condition stipulating that representatives of the factions should not assume security ministerial positions, even if they give up weapons, expecting that Al-Zaidi’s government will remain under American monitoring to verify its commitment to the understandings related to limiting weapons.
He claimed that the visit of US presidential envoy Tom Barrack to Baghdad included clarifying Washington’s position and giving a “green light” to the coordination framework and the prime minister to complete the government according to those conditions.
Neither the Iraqi nor the American governments have officially announced the existence of this condition or granted American approval for the completion of the ministerial formation, which keeps Haider's statement within the framework of political analysis that is not officially confirmed.
Haider compared the possible path to what he described as the “Syrian version,” arguing that integrating armed groups into state institutions and granting them political representation could be used as a means to dismantle their formations and change their previous ideology.
He added that the approach, in his estimation, is not only aimed at disarming, but also at redirecting the role of those forces from armed action and confrontation with the United States to political and institutional activity.
Calls to protect sovereignty
For his part, former MP Bassem Al-Gharibawi said, in statements followed by (Al-Mada), that confronting violations of sovereignty does not fall on the government alone, but requires a unified stance from political forces and parties towards any violation of Iraqi airspace or territory.
He called for official action and recourse to the United Nations to file complaints about the violations, and not to be satisfied with political stances and statements of condemnation.
He added that national sovereignty includes protecting airspace and territory and the independence of security and economic decisions, which allows the state to make its decisions away from external pressures.
Al-Gharibawi warned of the weakness of the air defense systems and their inability to provide full protection for Iraqi airspace, considering that the continuation of this deficiency may open the door to foreign military movements.
He stressed the need to combine the development of defense capabilities with diplomatic and legal action, along with unifying the political position to protect Iraq’s security and the independence of its decision.
Questions from Kataib Hezbollah
In a related context, Abu Mujahid al-Assaf, the security official of Kataib Hezbollah, addressed questions to the Prime Minister in a statement received by (Al-Mada) regarding his position on the American siege of Iran, Israeli policies towards the Palestinians and Lebanese, and what he described as repeated American violations of Iraqi sovereignty.
Al-Assaf wondered whether Washington had asked the Iraqi government to join the normalization process with Israel, and what Baghdad’s response would be if this issue were raised.
He also called for setting an annual day for burning American flags, in a stance that reflects the continued anti-Washington rhetoric of some factions, coinciding with political talk about integrating them into the state and ending the presence of weapons outside official institutions.
Between two interpretations, one that sees the withdrawal as having ended the stage of direct American intervention, and the other that believes Washington is still setting conditions on the formation of the government, the real test remains related to Baghdad’s ability to control weapons, protect its airspace, and manage its foreign relations with an independent decision.
Meeting with the new US Consul
Washington to Barzani: We are key supporters of Kurdistan and hold your position in high regard.
Kurdistan Democratic Party leader Masoud Barzani praised the American role in supporting Kurdistan on Wednesday (October 14, 2026), stressing that the resumption of the work of the American consulate in Erbil constitutes a positive step to strengthen the bilateral partnership. This came during his meeting with the new US Consul General, Gwendolyn Wendy Green, who confirmed that Washington considers itself a key supporter of the region and appreciates Barzani’s influence in Iraq and the region.
Barzani’s headquarters stated in a statement, a copy of which was received by 964 Network , that “President Masoud Barzani received today, Wednesday, October 14, 2026, in Pirmam, Ms. Gwendolyn (Wendy) Green, the new Consul General of the United States of America in Erbil.”
According to the statement, the US Consul General in Erbil expressed her happiness at commencing her duties as her country's consul in the Kurdistan Region, stressing that she will continue her efforts to strengthen and develop bilateral relations between the region and America.
According to the statement, she indicated that “her country considers itself a key supporter of the people of Kurdistan, and holds President Barzani’s position in Iraq and the region in special respect,” wishing that “the Kurdistan Region will continue, as always, to play its role in consolidating stability in the region.”
The statement continued, “President Barzani warmly welcomed the US Consul in Erbil and expressed his gratitude to the United States for its support and assistance to the Kurdistan Region in the war against ISIS terrorists.” Barzani considered the resumption of the US Consulate’s duties in the Kurdistan Region “a positive step towards advancing relations between the two sides in various fields.”
He confirmed that “the meeting witnessed an exchange of views on the general situation in the region, and both sides stressed the need to establish the foundations of security and stability in it.”
Nechirvan Barzani and Gwendolyn Green discuss resolving Erbil and Baghdad's problems based on the constitution.
Kurdistan Region President Nechirvan Barzani discussed with US Consul General Gwendolyn Green the resolution of Erbil and Baghdad's problems based on the constitution.
According to a statement issued by the official website of the Presidency of the Region, the United States’ relations with Iraq and the Kurdistan Region, the internal situation in the region, and relations between Erbil and Baghdad were discussed.
In this regard, both sides agreed on the need for internal consensus, action, and accelerating the steps to form the new government structure for the Kurdistan Region.
“Solving the problems of Erbil and Baghdad on the basis of the constitution and maintaining stability,” along with the latest political and security developments in the region in general, was another focus of the meeting.
Two weeks to recalculate the budget... Parliamentary Finance Committee reveals the repercussions of the exchange rate change
Former member of the Parliamentary Finance Committee, Mohammed al-Shabaki, indicated that the government will need at least two weeks to restructure the budget following the decision to change the exchange rate of the US dollar against the Iraqi dinar.
Al-Shabaki told Al-Maalouma, "The budget is based on two factors: the dollar exchange rate and the price of a barrel of oil. The latter is unpredictable given the current situation and its rapidly evolving developments, especially those related to the Strait of Hormuz and the regional crisis."
He added, "Budget projections are usually based on a three-year timeframe, but in Iraq, annual indicators are used because the budget changes every year." He pointed out that "devaluing the local currency against the dollar is a decision outside the budget."
He explained that "changing the exchange rate means the government will have to restructure the budget based on the new rate, resulting in a difference between revenues and expenditures." He predicted that the government will need at least two weeks to restructure the budget according to the new rate.
Al-Fariji: Raising the value of the dollar against the dinar does not represent financial reform.
Crisis expert Ali al-Fariji criticized the government's move to raise the value of the dollar against the dinar, pointing out that this decision does not constitute financial reform in itself.
Al-Fariji told Al-Maalouma, "Raising the exchange rate may provide quick liquidity, but it does not represent financial reform in itself. True reform lies in building a diversified revenue system, recovering funds and assets, reducing waste, and shifting the economy away from dependence on oil and the dollar's revaluation towards a financial management that measures results and creates real and sustainable revenues."
He added, "The 19.2 trillion dinars expected from the dollar's revaluation should be viewed as an approximate total book revenue, not a net gain for the treasury, because part of its impact may rebound on the state itself in the form of increased spending and import costs."
He explained that "maximizing revenues requires recovering Iraqi funds and assets, and establishing a specialized institutional framework to track and recover funds and assets proven to have been illegally transferred after 2003. This also necessitates reassessing files related to the funds and assets of the former Iraqi state. What is needed here is not political rhetoric, but a unified database of assets, verification of their ownership, tracing of their financial flows, and activating legal and international mechanisms to recover or freeze them through laws and agreements.
The IMF commends the Iraqi government's efforts in adopting a path of economic and financial reforms.
Finance Minister Faleh Sari announced on Wednesday a commitment to financial reforms and strengthening the role of the private sector in Iraq, while the International Monetary Fund praised the Iraqi government's efforts in adopting a path of economic and financial reforms.
A statement from the Ministry, received by the Iraqi News Agency (INA), stated that "the Minister of Finance, Faleh Sari, participated in the annual meetings of the International Monetary Fund and the World Bank Group, currently being held in the Thai capital, Bangkok, as part of strengthening cooperation with international financial institutions and supporting the path of economic and financial reform in Iraq."
He added that "the Minister of Finance held a series of meetings with officials of the International Monetary Fund, beginning with a meeting with the Fund's Executive Director for Iraq and the region, Mohamed Maait, and the incoming Executive Director, Ali Al-Hosni, in the presence of the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, where the economic and financial conditions in Iraq were discussed, and views were exchanged on reform priorities and ways to enhance joint cooperation."
He added that "Finance Minister Faleh Sari met with the Regional Director of the Technical Assistance Department at the International Monetary Fund, Ali Abbas, to discuss areas of technical cooperation and prospects for benefiting from the Fund's expertise in developing financial and economic policies in Iraq."
During his meetings, the minister stressed "the importance of the partnership with the International Monetary Fund in supporting reform efforts and enhancing their chances of success, expressing his confidence in the possibility of completing financial reforms within the next two years."
Speaking about the current economic challenges, he pointed to the "repercussions of the Strait of Hormuz crisis and its impact on the Iraqi economy," explaining that "the government is working on preparing immediate remedies and future solutions to contain its repercussions."
The Minister of Finance revealed "a genuine trend to support the private sector and alleviate the pressures it faces, thereby strengthening its role in the market economy and contributing to expanding investment opportunities."
For their part, IMF officials praised the Iraqi government's efforts in adopting a path of economic and financial reforms, stressing the Fund's commitment to continuing to support Iraq and employing its expertise and capabilities to enhance these efforts and ensure their success.
The International Monetary Fund predicts that the Iraqi economy will grow by 19% in 2027.
Iraq topped the list of Arab countries in terms of economic growth forecasts for 2027, with an expected growth rate of 19%, according to what was announced by the International Monetary Fund on Wednesday.
The fund stated that the performance of Arab economies witnessed a remarkable shift between 2026 and 2027, as Arab oil-exporting economies headed towards contraction during 2026, as a result of the disruption of navigation through the Strait of Hormuz and the decline in oil supplies, which was reflected in a number of Gulf and Arab economies.
The fund predicted that most Arab economies would recover during 2027, with oil exports returning to normal levels and security conditions improving, noting that Iraq would achieve the highest expected growth rate among Arab countries, reaching 19%.
The Minister of Finance emphasizes the importance of strengthening cooperation with the IMF in dealing with economic changes.
Finance Minister Faleh Sari emphasized on Wednesday the importance of strengthening cooperation with the International Monetary Fund (IMF) in addressing economic changes, while the IMF expressed its readiness to support Iraq in confronting its financial crisis.
The Ministry of Finance stated in a press release that "Finance Minister Faleh Sari is continuing his series of meetings in Bangkok, Thailand, on the sidelines of the annual meetings of the IMF and the World Bank Group, to enhance partnerships with international financial institutions in support of Iraq's reform process."
The statement added that "the Minister held a meeting with Jihad Azour, Director of the Middle East and Central Asia Department at the IMF, in the presence of the Governor of the Central Bank of Iraq, to discuss the most prominent aspects of fiscal and monetary policies in the country."
It continued, "The Minister reviewed the financial pressures facing Iraq."
The Finance Minister stressed "the importance of strengthening cooperation with the IMF and benefiting from its expertise in dealing with economic changes."
For his part, the Director of the Middle East and Central Asia Department at the IMF expressed "the Fund's readiness to support Iraq in confronting its financial crisis resulting from tensions in the Middle East," emphasizing "the importance of adopting solutions commensurate with the scale of the challenges facing the country."
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News from OCT 13 2026
Iranian economy is rapidly declining and showing signs of despair on the streets
The impact of what started as a war against Iran by the U.S. and Israel and has turned into somewhat of a “standoff” might be having a far more serious effect on Iran than what is typically in the headlines of major newspapers and TV broadcasts.
Iranian leaders, including those in charge of its military, make strong boasts and still send drones to attack oil tankers in the Strait of Hormuz, but on the streets of the country’s cities and its towns and villages, the story is one of a growing economic disaster.
If anything, it suggests that President Trump might be winning his war against Iran’s economy, an economy which might be nearing bankruptcy.
While Americans complain of the high cost of gasoline and diesel fuel and inflation, the U.S. Naval blockade and the U.S. economic sanctions are creating a growing strain on the country of Iran. Iranian ports and restrictions on the Strait of Hormuz have choked off petroleum exports—Iran’s primary source of foreign currency. Analysts warn that crude and condensate revenues face a potential complete halt.
At least, judging by a recent article in The Telegraph, which interviewed everyday Iranians and found many are becoming desperate as their economy is in shambles as the result of the U.S. economic sanctions against the country. The situation is dire enough that Iranian leaders fear there could be a government collapse and a backlash by the citizens of the country who are weary of living lives with little to no income, meager food supplies and “anxiety rarely spoken aloud that the Islamic Republic may not weather the strain with a supreme leader who has remained almost entirely out of view.”
Currency Collapse and Inflation: The Iranian rial has plummeted to historical lows, trading around 2 million rials to the dollar. Inflation has surged past 65% to nearly 89%, with food prices escalating by over 128%.
The blockade has severely restricted the import of vital commodities, including agricultural goods (corn and wheat), raw materials, and medicine.
“It is clear Trump is playing the longer game now, waiting for the system to reach a point where it is forced to give concessions,” one analyst in Tehran told The Telegraph.
“But that may take a long time, because Shia ideology is all about resisting. When people are hungry, though, it is another case.”
One man told the paper, “You see few people laughing. Everyone, everywhere, is complaining – and no one knows whom to blame.”
A student in Tehran said life sinks “deeper into misery every passing day,” adding, “I just think about my future, which is being taken from me every day. It feels like no one cares about us – it’s all politics and we are stuck.”
The Central Bank confirms its vaults are full of Iraqi dinars.
The Director General of the Statistics and Research Department at the Central Bank of Iraq, Samir Fakhri Naama, confirmed on Tuesday that the Central Bank's vaults are full of dinars.
Naama said in a statement followed by (Al-Mada), “The vaults of the Central Bank of Iraq are currently full of dinars,” noting that “at no time has it been permissible to say that the Central Bank of Iraq does not have dinars.”
He added that "there is an impact on the poor from the change in the exchange rate, but not with the expected impact because the state will subsidize a range of goods," noting that "prices will rise by a much smaller percentage compared to the amount of the change in the exchange rate."
He added that "the bank's reserves are in a comfortable position," calling for dealing in dinars to reduce dependence on the dollar.
Central Bank: Our responsibility is to maintain the value of the dinar against foreign currencies
The Central Bank of Iraq: The Hormuz crisis forced an increase in the dollar exchange rate to protect reserves.
The Central Bank of Iraq revealed the economic and financial reasons that prompted it to adjust the exchange rate of the dollar against the dinar, stressing that the repercussions of the Strait of Hormuz crisis and the decline in oil revenues imposed increasing pressure on foreign reserves, and placed monetary policy before challenges related to financing government spending and maintaining financial stability.
These clarifications come at a time when the Iraqi economy is facing complex challenges as a result of its heavy reliance on oil to finance the general budget, coinciding with regional turmoil that has affected the movement of oil supplies and dollar revenues, bringing the issue of the exchange rate back to the forefront of economic and political debate.
Samir Fakhri Naama, Director General of the Statistics and Research Department at the Central Bank of Iraq, said during his participation in the ninth dialogue session of the “Miri 2026” forum in Erbil that the decision to amend the exchange rate represents, from the Central Bank’s point of view, the ideal solution to confront the financial shock resulting from the Strait of Hormuz crisis and to preserve Iraq’s foreign currency reserves.
Naama explained that the Iraqi economy differs from the economies of countries with diversified production bases, as it depends almost entirely on oil revenues, which constitute more than 93% of the state’s public revenues. This means that any disruption in oil production or export directly affects the government’s ability to finance its obligations.
The Hormuz crisis reveals the fragility of dependence on oil.
According to the central bank official, the crisis related to the Strait of Hormuz during 2026 caused a negative shock to oil production and the revenues generated from it, which led to increased pressure on economic indicators and foreign reserves.
He pointed out that the repercussions of the crisis did not appear immediately in the first months, due to the nature of oil transactions based on forward sales, but they began to be reflected in the financial situation during the months of May and June, leading to a sharp decline in oil revenues, which he described as being close to a near-total halt.
According to an economic analysis, these statements reveal that the crisis was not only related to the movement of the dollar exchange rate, but also to a deeper imbalance between the dollar revenues entering the country and the government’s ongoing expenditures in dinars, especially salaries, operating expenses and other financial obligations.
Why did the central bank choose to adjust the exchange rate?
Na’ma explained the relationship between oil revenues and the dinar exchange rate, clarifying that every billion dollars converted into the local currency at a rate of 1,300 dinars per dollar provides the government with about 1.3 trillion dinars.
When the accounting price of the dollar is raised, the public treasury receives a larger number of dinars for the same dollar revenues, giving the government additional accounting power to finance expenditures denominated in the local currency.
However, this mechanism does not mean an increase in oil revenues in dollars or an improvement in the actual output of the economy, but rather represents a change in the dinar value of those revenues.
The price adjustment also has corresponding effects, most notably the increase in the cost of imported goods and dollar-linked services, and the possibility that part of this increase will be passed on to consumers, which makes the evaluation of the decision linked to the size of inflationary pressures and the ability of the authorities to manage them.
Naama explained that a large part of government operating spending returns to the market in the form of demand for dollars, which puts repeated pressure on the central bank's reserves, especially when foreign inflows resulting from oil exports decline.
Government bonds and pressure on monetary policy
Naama addressed the mechanism for financing the government deficit through the issuance of bonds purchased by government banks, explaining that the central bank may intervene to exchange dinars in certain cases when those banks face difficulties in dealing with the bonds.
He pointed out that the presence of large quantities of local currency in the central bank's vaults does not necessarily mean the availability of additional financial resources, as monetary obligations must be managed in a manner consistent with the economy's ability to provide foreign resources and maintain monetary stability.
A key economic problem here is that expanding financing in dinars without a parallel growth in production and foreign revenues may lead to increased demand for the dollar, which will compound the challenges facing monetary policy in light of declining oil resources.
Will raising the dollar protect reserves or increase the burdens on citizens?
Naama stressed that the main objective of adjusting the exchange rate is to protect foreign reserves and ensure the continuation of economic activity, considering that the inflationary impact of this measure is less than the repercussions of alternatives that the state may be forced to adopt in crisis conditions.
However, this assessment raises questions about the ability of the Iraqi economy to absorb the effects of the adjustment, especially since local markets are heavily dependent on imported goods priced in dollars.
The Iraqi cabinet had approved on October 7 an amendment to the exchange rate, setting the purchase price of the dollar from the Ministry of Finance at 1,500 dinars, and the selling price to banks and financial institutions at 1,510 dinars, according to details of the decision reported by Reuters.
This move means that the government can obtain additional dinars in exchange for its limited dollar revenues, but in return it transfers part of the cost of the adjustment to the local economy through the increased cost of imports.
From an economic standpoint, the success of the decision does not depend on its ability to improve short-term government accounts, but rather on the stability of commodity prices, the central bank's ability to meet legitimate demand for dollars, and the protection of citizens' purchasing power.
Central Bank statements reopen the issue of foreign reserves
The monetary official’s statements gain additional importance when compared to a previous statement by the Central Bank, issued on September 19, 2026, in which it confirmed the adequacy of its foreign reserves to cover requests for financing foreign trade, bank cards, and travelers according to the approved mechanisms.
This does not necessarily mean there is a contradiction between the two positions; reserves may be sufficient to meet current demands, while future expectations require precautionary measures to maintain them.
However, this raises the need to disclose the latest data on foreign reserves, the extent of the decline they experienced during the crisis, and the approved estimates of their continued ability to finance Iraq's dollar needs.
The disruptions to Iraqi oil exports during the Hormuz crisis add another dimension to these concerns, as transportation and export difficulties have led to a decrease in the quantities available to markets compared to pre-crisis levels.
The future of the dinar is linked to the fate of the Hormuz crisis.
Economic data indicates that continued disruptions in the Strait of Hormuz may keep pressure on Iraqi public finances, even with an adjustment to the exchange rate.
If oil exports continue to decline, the government will face the challenge of providing sufficient resources to cover its expenses, while the central bank may have to balance preserving reserves with meeting the demand for foreign currency.
An improvement in oil shipping and a return of exports to their normal levels would alleviate pressure on dollar revenues, although this alone does not guarantee a return of the exchange rate to its previous levels.
The current crisis reveals that the price of the dollar in Iraq is no longer just an indicator of market movement, but has become directly linked to the regional situation, the movement of oil, and government financial policy.
In conclusion, Samir Fakhri Nehme’s statements provide an explanation for the justifications the Central Bank relied on in supporting the exchange rate adjustment, but they leave important economic questions regarding the size of the consumed reserves, the duration for which the decline in oil revenues can be tolerated, and the extent of the decision’s impact on price levels.
The most prominent question remains: Is adjusting the dollar exchange rate a temporary measure to overcome the Strait of Hormuz crisis, or is it the beginning of a new phase of Iraqi monetary policy whose repercussions may continue even after the end of regional turmoil?
Al-Zaydi proposes next Thursday as the date for the parliamentary session to vote on its representatives and the vacant and newly created ministries.
Prime Minister Ali Faleh al-Zaidi addressed the Council of Representatives on Tuesday, requesting that it schedule a session for next Thursday to vote on the deputy prime ministers and fill vacant and newly created ministerial positions. He emphasized that the deputy prime ministers will not receive salaries, financial allocations, or new appointments to their offices.
In a letter to the Council of Representatives, a copy of which was obtained by the Iraqi News Agency (INA), al-Zaidi stated: "Based on the provisions of Article (76/Fourth) of the Constitution of the Republic of Iraq of 2005, and in order to complete the formation of the government, I request that the esteemed Council of Representatives schedule a session (we propose Thursday, October 15, 2026) to present and vote on the nominees for deputy prime ministers and fill vacant and newly created ministerial positions."
He added that "the deputy prime ministers will not receive salaries, financial allocations, or new appointments to their offices."
It's Officiall
The Iraqi parliament has officially designated Thursday's session to finalize the cabinet.
The media department of the Iraqi parliament announced on Tuesday evening that a session will be held at the end of this week to vote on filling the vacant ministerial positions in the government.
The department stated in a brief statement received by Shafaq News Agency that the agenda for next Thursday’s session includes one item, which is voting on candidates to fill the positions of deputy prime ministers and the vacant and newly created ministries.
Before the agenda for the next House of Representatives session was released, an informed source revealed the names of a number of candidates to fill the vacant ministerial portfolios in Prime Minister Ali al-Zidi’s government, distributed among different political blocs and forces, amid anticipation of a parliamentary session to vote on them according to the date proposed by the Prime Minister, while consultations are still ongoing to decide on the positions of his deputies.
IMF: Iraq's economy expected to recover
While the International Monetary Fund predicted that Iraq’s real GDP would contract by 16% in 2026, before growing by 19% in 2027, the head of the International Chamber of Commerce in Iraq, Dr. Mohsen Al-Humaid, confirmed that the Fund’s predictions of the Iraqi economy achieving growth in 2027 represent a positive indicator that enhances confidence in the national economy and opens wider horizons for attracting global companies and expanding their investments in Iraq.
Al-Humaid said: These expectations reflect the potential of the Iraqi market and the promising opportunities it offers in the trade, investment, production and services sectors, as well as the importance of the Iraqi labor market and its strengths that can contribute to supporting economic activity during the next stage.
He pointed out that achieving the expected growth requires creating a stable investment environment, developing administrative and financial procedures, and strengthening the partnership between the public and private sectors, which would encourage international companies to enter the Iraqi market and expand their businesses.
He explained that turning these expectations into tangible results requires continuing economic reforms, diversifying income sources, and supporting the private sector, which will contribute to creating job opportunities, stimulating local production, and enhancing Iraq's position on the regional and international investment map.
The International Monetary Fund (IMF) predicted that Iraq’s real GDP would contract by 16% in 2026, before growing by 19% in 2027, according to data from the World Economic Outlook report issued in October 2026, at a time when estimates indicate rising inflation and a worsening current account deficit during the current year.
Iraq’s figures reflect a sharp contrast between the 2026 and 2027 projections, with the economy moving from a deep contraction to high growth, according to the IMF’s estimates.
Experts call for enhanced coordination between monetary and fiscal policies.
Economic and financial experts emphasized the importance of strengthening coordination between monetary, fiscal, and customs policies to maintain macroeconomic stability and protect household purchasing power amidst current economic fluctuations. They noted that unifying efforts across various sectors contributes to achieving the desired balance between the requirements of fiscal reform and easing the burden of living expenses, while supporting the stability of local markets and mitigating inflationary challenges stemming from import costs and price movements.
In this context, Jassim Al-Aradi, a member of the Baghdad Economic Forum, explained to Al-Sabah that dealing with inflationary pressures requires careful coordination between exchange rate policy and customs duties, in order to support price stability and reduce costs for the consumer.
Al-Aradi explained that changes in exchange rates naturally affect the movement of goods and production inputs, which calls for adopting an integrated economic vision that balances the requirements of financial reform and meets the needs of Iraqi families, with special attention to basic commodities.
Al-Aradi pointed to the possibility of studying the timing and adjustments of customs duties on a specific list of essential goods in order to support commodity stability, in addition to the importance of strengthening institutional oversight to counter speculation and ensure market smoothness, as well as conducting periodic assessments of the impact of economic policies on the production and trade sectors.
The Prime Minister's financial advisor, Dr. Mazhar Muhammad Salih, stated in an interview with the Iraqi News Agency (INA) that addressing price challenges requires close coordination between exchange rate and customs policies. This coordination is crucial for stabilizing local markets and protecting the purchasing power of citizens, particularly those with limited and middle incomes. Salih emphasized that exchange rate fluctuations impact import costs, making cooperation among relevant government agencies essential to ensuring the smooth flow of goods and stable final prices.
For her part, economist Dr. Ikram Abdel Aziz told Al-Sabah that keeping pace with the changes in the exchange market opens the door to strengthening the comprehensive structural reform of the national economy, through diversifying sources of income, supporting local production, and developing the industrial and agricultural sectors in a way that enhances long-term economic stability.
Abdulaziz explained that a balanced reliance on local production gradually contributes to meeting market needs, noting the importance of stimulating investment and reducing the burden on raw materials and production inputs to enable local projects to expand, compete, and create job opportunities. She emphasized that maximizing non-oil revenues and developing operational mechanisms at border crossings are two fundamental pillars for strengthening the state's financial resources, stressing that integrating fiscal and monetary policies with production and investment programs remains the optimal path to building a resilient economy capable of responding positively to various changes.
Talabani: Al-Zaidi's presence is a golden opportunity.
During a session at the Middle East Forum (2026) in Erbil, the head of the Patriotic Union of Kurdistan (PUK), Bafel Talabani, affirmed that the presence of Prime Minister Ali Abdullah Saleh represents a "golden opportunity" for the Kurdistan Regional Government (KRG) that should not be squandered. While participating in the forum yesterday, Talabani called on Kurdish political forces to change their rhetoric and policies toward Baghdad, noting that a stable and unified Iraq reflects the stability of the Kurdistan Region.
The Kurdish official revealed the Patriotic Union's readiness for a fair agreement with the Kurdistan Democratic Party to form the regional government.
Al-Araji: The Central Bank proposed raising the dollar exchange rate to 220,000 dinars.
Member of Parliament and head of the Reconstruction and Development bloc, Bahaa Al-Araji, warned of a difficult financial crisis that Iraq may face by the end of this year, stressing that salaries are secured until December, noting that the Central Bank has proposed raising the exchange rate to 220,000 dinars per 100 dollars .
Al-Araji said in a televised interview followed by Al-Sa’a Network that “the state is paying salaries with loans from the Central Bank, and salaries are secured until the 12th month of this year, after which the situation is difficult,” indicating that “raising the exchange rate will not solve the budget crisis .”
He added that “the World Bank is asking Baghdad to price the dollar at 220,000 dinars per 100 dollars,” according to what he said, noting that “Iraq paid more for the war than Iran, and if the war stops, Iran will recover within one year, while the Iraqi financial situation will not recover within five years .”
In another context, Al-Araji said that “amending the Popular Mobilization Forces Law was linked to making some amendments, including the cancellation of Al-Muhandis Company,” noting that “the Americans have reservations about the structure of the Popular Mobilization Forces, especially regarding some positions and affiliations .”
He explained that "the Popular Mobilization Forces law has been transformed from the blacklist to the whitelist, due to some amendments, including the cancellation of the Engineer Company," adding that "there is a trend to sever the ties of some members of the Popular Mobilization Forces with the parties they belong to, and it is possible that they will disperse and not remain within one group ."
On the political front, Al-Araji rejected the proposal to form a council to lead the state, asking: "Where is the state that there should be a council to lead the state? I, Bahaa Al-Araji, cannot be in this council ."
He added, "The state has been exhausted, disrupted, and weakened, so why these labels? We are the ones who brought the state to this stage, so is it right for us to put the solutions in place? We have a constitution that includes the institutions of the Prime Minister, Parliament, Republic, and Judiciary, and there is no State Leadership Council," considering that "this proposal wants to swallow the state, like the previous regime that reduced it to a temporary constitution and a Revolutionary Command Council ."
Regarding the lack of allocated salaries for the deputy prime ministers, Al-Araji said, “Ahmed Chalabi suggested at the beginning of the national session giving an advance of $50,000 to each deputy, to sort out his situation and keep him from stealing,” asking, “When you don’t give him a salary, how will he live ? ”
Regarding relations with Iran, Al-Araji explained that "Iraqi oil is exported through the Strait of Hormuz with American approval and via the Omani side, without Iran's approval," adding that "our imports from Iran amount to around $15 billion annually ."
He pointed out that "the Islamic Republic did not stand with Iraq as we stood with it," noting that "Iranian influence in Iraq has weakened during the last three years," and explaining that "Iran has put many indicators on Iraq, but these matters are not in our hands, as we cannot do anything to American and Israeli aircraft ."
Al-Araji criticized the threats made by some parties to blow up oil pipelines when alternative export routes through Jordan and Syria were proposed, saying: “When the previous government wanted to open outlets from Jordan and Syria, some people would come out and say: I will blow up the pipeline and so on. We should hang these people now in Hormuz .”
He also warned of the growing influence of armed factions on government decision-making, saying, “Some were shouting about the factions when they were outside the state institution, so what about them now that they are inside the state in the ministerial formation, and will become influential in weapons and decision-making? None of them will hand over their weapons as long as the war exists in the region
The Minister of Trade discusses prospects for joint cooperation with Chinese companies.
Minister of Trade Mustafa Nizar Al-Ani met today with a delegation of Chinese companies specializing in investment, banking and trade to discuss prospects for joint cooperation and review the opportunities available to develop economic and investment partnerships between the two sides.
A statement from the ministry, which was reviewed by (Shafaqna Iraq), stated that “the meeting witnessed the Chinese delegation presenting a set of visions, proposals and projects related to investment , developing the work environment and strengthening the partnership, which contributes to opening new horizons for cooperation and exchange of experiences, and benefiting from the capabilities available to both sides in supporting economic and commercial activity.”
The Minister of Trade pointed out that “the meeting emphasized the importance of strengthening communication with international investment companies and institutions, and creating appropriate opportunities to establish effective partnerships that contribute to supporting economic development and developing the commercial and banking sectors, in line with the Iraqi government’s directions to attract investments and enhance economic cooperation with various countries of the world.”
Fuad Hussein in Rome: Official meetings and discussions on relations with the Vatican
Foreign Minister Fuad Hussein began an official visit to Rome in preparation for the opening of the new building of the Iraqi embassy. The visit includes official meetings with Vatican officials to discuss issues of common interest and strengthen relations between the two sides.
The ministry said in a statement that “Foreign Minister Fuad Hussein arrived in the Italian capital, Rome, at the start of an official visit to the Vatican City State, during which he will inaugurate the new building of the Embassy of the Republic of Iraq to the Holy See.”
The statement added, “During the visit, the minister will hold a number of official meetings with officials in the Holy See to discuss issues of common interest and ways to strengthen relations between the Republic of Iraq and the Holy See.”
He added, "The minister will also meet in Rome with a number of
Foreign Ministry statement
Iraqi-Iranian contact regarding regional tensions and the meeting of foreign ministers of the Organization of Islamic Cooperation
Iraqi Foreign Minister Fuad Hussein discussed regional developments in a telephone call with his Iranian counterpart Abbas Araqchi, with both sides stressing the importance of returning to dialogue to contain tensions and enhance regional security and stability.
The Ministry of Foreign Affairs stated in a statement, a copy of which was received by Network 964 , that the call took place yesterday, Monday, October 12, 2026, and addressed bilateral relations between the two countries and ways to enhance joint cooperation.
The ministry added that the two sides exchanged views on the ongoing preparations for the meeting of foreign ministers of the member states of the Organization of Islamic Cooperation, scheduled to be held in Baghdad next week.
Sudani and Masoud Barzani: The budget and completing the formation of the government are on the table for discussion.
On Monday, Mohammed Shia al-Sudani, head of the Reconstruction and Development Coalition, discussed with Masoud Barzani, head of the Kurdistan Democratic Party, the political developments in Iraq and the region, and the issues related to completing the formation of the federal government.
The Sudanese media office stated in a statement that the meeting addressed the importance of expediting the completion of the cabinet and providing political support to the federal government to enable it to perform its duties and implement its government program.
The statement added that the two sides discussed the federal general budget and the importance of proceeding with voting procedures on it, in addition to enacting the necessary laws related to the work of state institutions and completing constitutional and legislative entitlements.
The meeting addressed relations between the federal government and the Kurdistan Regional Government, in order to enhance understanding and coordination between the two sides, as well as the challenges associated with the post-completion phase of the international coalition’s mission, and the importance of maintaining political and social stability and strengthening the rule of law and institutions.
Masrour Barzani and the US Consul discuss expanding investments in Kurdistan
On Tuesday, Kurdistan Regional Government Prime Minister Masrour Barzani emphasized strengthening the bonds of friendship and strategic partnership between the region and the United States, enhancing trade exchange, and expanding the prospects for American companies' investments in Kurdistan.
This came according to a statement from the Presidency of the Regional Government, received by Shafaq News Agency, during Barzani’s reception of the US Consul General to the region, Gwendolyn Wendy Green, this afternoon, in a meeting that witnessed discussions on developments in the general situation in the Kurdistan Region, Iraq and the region.
The statement noted that the two sides agreed on the importance of maintaining the security and stability of the Kurdistan Region, and stressed the need to activate the Kurdistan Parliament as a fundamental step to proceed with forming the new cabinet of the regional government.
He explained that the two sides discussed the course of relations between the Kurdistan Region and the federal government, where the importance of resolving contentious issues was emphasized based on the constitution, while stressing the need to respect the constitutional entity of the region, preserve its financial entitlements, and allocate its share of the federal general budget on fair grounds.
Tools to control the exchange rate of the US dollar against the Iraqi dinar and reduce inflation
The Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, confirmed on Tuesday that controlling the exchange rate and maintaining its stability came through integrated coordination between monetary, financial and trade policies, while he pointed out that addressing inflation requires integrated measures to protect the purchasing power of the citizen.
Saleh told Shafaq News Agency that "official foreign currency reserves are one of the most important tools of the Central Bank in managing the exchange market and meeting the legitimate demand for dollars, in line with the approved official rate, and contribute to achieving a balance between supply and demand for foreign currency."
He explained that "the role of the Central Bank is not limited to intervening in the exchange market, but extends to managing local liquidity, regulating foreign transfers, enhancing oversight of banking operations, and combating fictitious transfers and manipulation of commercial invoices, in order to limit the leakage of foreign currency into illegal activities and narrow the opportunities for speculation."
He explained that "the government assumes a parallel responsibility by controlling public spending, rationalizing imports, facilitating trade procedures, strengthening market oversight, and ensuring the smooth entry of basic goods."
He pointed out that "sustainable exchange rate stability is not achieved by monetary measures alone, but requires the alignment of fiscal policy with monetary and trade policy, especially in the Iraqi economy, which relies heavily on oil revenues to finance the budget and provide foreign currency."
He pointed out that "the success of these policies is linked to reducing the gap between the official price and the parallel market price, providing foreign currency for legitimate trade, and enhancing confidence in the banking system," stressing that "combating speculation should not be limited to supervisory measures, but should be based on addressing the causes of market imbalances and ensuring the stability of monetary and trade expectations."
Regarding inflation resulting from raising the exchange rate, the Prime Minister’s financial and economic advisor explained that “the impact of the exchange rate change on the general price level is determined by the magnitude of the change, the extent to which the economy depends on imports, and the degree to which the increased cost of foreign currency is passed on to the prices of local goods and services.”
He added that "this impact could be seen in Iraq in the prices of food, medicine, consumer goods, and production and construction supplies, as well as its repercussions on transportation, distribution and production costs."
He pointed out that "determining an accurate percentage of inflation resulting from the exchange rate adjustment requires relying on actual data on prices, inflation rates, the timing and magnitude of the change, while distinguishing between the effect of the exchange rate and other factors affecting prices, such as import and transportation costs and disruptions in supply chains."
He explained that “the immediate government response was to adopt a comprehensive package of measures aimed at containing price pressures and protecting the purchasing power of citizens,” indicating that “among the most prominent of these measures is the continuation of government support for fuel, petroleum products and basic services, maintaining the stability of the food and medicine supply, and reviewing customs duties and postponing or reducing them on food and essential goods when needed, in order to limit the transfer of increased costs to the end consumer.”
He stressed that “tightening control over markets and preventing monopolies and the exploitation of exchange rate changes to impose unjustified increases is necessary to protect the consumer,” noting “the importance of these measures being accompanied by directing support to the most affected groups, reviewing the efficiency of public spending, and strengthening local production to reduce dependence on imports, thus mitigating the economy’s exposure to external shocks.”
He pointed out that "these policies are gaining additional importance in light of the Iraqi economy being affected by geopolitical fluctuations and disruptions to trade and supply routes, and the resulting pressures on oil exports, public revenues, and transportation and import costs."
He stressed that "addressing inflation requires considering the available financial resources and avoiding an ill-considered expansion in spending that could add new pressures on monetary and financial stability."
The Prime Minister’s financial and economic advisor added that “the government and central bank’s commitment to controlling the exchange rate and preventing speculation should be translated into integrated policies that achieve monetary stability, maintain the flow of legitimate trade, reduce inflation, and protect the purchasing power of the citizen.”
Saleh concluded by saying that “the true measure of the success of economic policy is not limited to the stability of the official exchange rate, but also includes the reflection of this stability on the prices of goods and services and the standard of living of citizens. Support and control measures, review of customs duties, and monetary and fiscal policies will remain subject to continuous evaluation, in order to achieve a balance between protecting the standard of living of citizens and maintaining financial sustainability, in light of the challenges facing the national economy and the fluctuations in oil revenues.”
Last Wednesday, the Central Bank announced the adoption of new exchange rates, setting the price of buying dollars from the Ministry of Finance at 1,500 dinars, selling them to banks at 1,510 dinars, and to the public at 1,520 dinars, effective from October 7, 2026.
State of Law spokesman Aqeel al-Fatlawi
Al-Maliki believes in death and necessity, and Al-Zaydi will not grant any powers to his four deputies.
The spokesman for the State of Law Coalition, Aqeel al-Fatlawi, speaks of Prime Minister Ali al-Zaidi's submission to understandings in which he was forced to accept four deputies for him, a necessity that Nouri al-Maliki's bloc understands, in order to complete his ministerial cabinet as expected next Thursday. He indicated that al-Zaidi is a young, "active" man who will not allow the four deputies to encroach on his powers. In an interview with journalist Laith al-Jazaeri on the iNews channel, which was followed by the 964 network , he confirms that the selection of Yasser Sakheel as Minister of the Interior does not mean preparing him to succeed al-Maliki, despite the latter's belief in death, as he put it.
Aqeel Al-Fatlawi – Spokesperson for the State of Law Coalition:
As long as it was announced that the Deputy Prime Ministers would not be granted any allowances, the House of Representatives will not add the allowances to the budget for them. The House of Representatives will not add a thousand dinars to the budget, but it is the right of Parliament to transfer, and I think that all the Deputy Prime Ministers are doing well and they view the position as an assignment and they have a desire to provide a service to society, and they feel that they have the ability to serve from this side. At the beginning we said that the matter was unnecessary, but the embarrassment was clear and the Prime Minister needed to agree to the issue of the four deputies in order to go to the session to complete the cabinet.
Regarding the powers of the four deputies, there will be no encroachment on the powers of the Prime Minister. Each deputy, by virtue of the constitution, receives his powers from the Prime Minister personally. I believe that Al-Zidi is a young (active) man, and I do not think that he will give great powers to his deputies unless there is a political agreement, and to my knowledge there is no political agreement on this matter.
There is talk that Nouri al-Maliki, by choosing Yasser Sakheel as Minister of the Interior, is essentially handing over the reins. We hear this talk in various forums and gatherings, but we haven't felt it. There is no such thing as wanting to hand over the reins, or preparing Yasser Sakheel to receive the reins, even though Nouri al-Maliki believes that death is a right, and leaving political work is a right. However, this matter is not being discussed in the State of Law Coalition, and we have not begun preparing a person to take Nouri al-Maliki's place.
There was no attempt by Reconstruction and Development to win over Yasser Sakheel and pull him from Maliki to Sudani. Sakheel tends to run things according to political arrangements, away from fanaticism. Sometimes, after television interviews, he calls me and tells me that I was harsh. He does not approve of these things, and the same applies to Maliki. Escalation is not the way of the State of Law. Therefore, there was no power struggle between the State of Law and Reconstruction and Development. Rather, there was a constant desire for a good relationship between the State of Law and Reconstruction and Development.
Traducción al español:
0:05
Muy bien, bienvenidos, bienvenidos a mis compañeros de FX, el podcast. Y digo podcast porque hay múltiples medios en
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los que pueden disfrutar este contenido. Así que el de hoy va a estar repleto. Igual voy a intentar quedarme por debajo de los 30 minutos
0:21
porque, ya saben, no actualicé ayer y salió un montón de cosas ayer que me gustaría explicar, pero probablemente no voy a poder. Vale.
0:33
Pero hoy, el artículo principal es el de hoy. Y por eso odio saltarme días, porque hay
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que conectar los puntos. Pero de todos modos, tengo algunos anuncios. Al parecer, a algunos de ustedes no les gustan. Así que veamos. Yo diría
0:50
que si no quieren oír los anuncios, salten a un minuto. Salten a los dos minutos.
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Vale. Así que… oye, yo no. No sé hablar español. Debería, pero no sé.
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Pero de todos modos, tengo una solución para el español hasta que aprenda a hacerlo de la forma correcta.
1:18
Vale, me interrumpieron. Así que, con cada video de ahora en adelante hasta que aprenda la forma correcta de hacerlo.
1:27
Ups. Con cada video que haga de ahora en adelante hasta que aprenda la forma adecuada de hacerlo,
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voy a publicar una transcripción en español
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al final de cada blog. Vale. Es un blog gratuito. No tienen que poner su correo. No vendo
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nada. Solo tienen que encontrar el enlace. Así que, si están viendo en YouTube, el enlace estará en un comentario fijado.
2:02
Si abren los comentarios, estará justo ahí. Solo hacen clic y ya están. Bajen hasta el final
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pasando todos los artículos, pasando las formas de apoyar el canal. Bajen todo el camino
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y ahí habrá un… guion en español. Eso es lo que puedo hacer por ahora. Vale.
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Pero sí voy a trabajar en una forma mejor. Vale. Así que gracias a aquellos que me dieron ese margen. Muy bien. Así que
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tenemos mucho. Vamos a ello. Hoy es miércoles 14 de octubre. Este es el artículo principal. Este es de hoy. Sí.
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Vale. Entonces, ¿son 3.000 millones de dólares la nueva zanahoria? Irak sigue esperando los dólares.
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Ese es el titular.
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Eh, un momento.
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Vale. Disculpen. Sigo siendo interrumpido. Pero entonces los 3.000 millones
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son su dinero. No es como un préstamo de
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nosotros. No. Porque… y el número ha cambiado. No sé si recuerdan hace dos semanas, hubo un
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artículo que decía que iban a pedir prestados… que estaban buscando pedir prestados 2.500 millones de dólares de nosotros. Pero esto es diferente.
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Y ya veremos. No vamos a entrar en todo. Miren qué grande está esa foto. De todos modos, 3.000 millones están esperando llegar. Ahora, este es Jamal
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Cougar. Escriben su nombre de diferentes formas. Él está vinculando el retraso a la alta tasa de cambio. Así que está diciendo, bueno, en primer lugar, todavía está un poco enfadado.
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Todavía no ha… no ha visto el presupuesto. Él es miembro… es miembro del comité de finanzas parlamentario
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(miren ahí). Pero ellos tampoco han visto el presupuesto todavía.
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Así que, y lo dice aquí, hay una promesa de liberar 3.000 millones de fondos iraquíes que estaban
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allí, que anteriormente se liberaban en pequeñas cuotas, para ser entregados esta vez en una sola suma global. Y entonces él dice
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que si hubiéramos recibido este dinero, la tasa del mercado paralelo, que sí, sé que alguien les está diciendo que está congelada.
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No lo está. De hecho, cerró hoy… subió. Cerró a 1.670,
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1.670 dinares por dólar. Pero… creo que con
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el anuncio de esto, porque realmente empezaron a hablar de eso ayer y luego algo que dijo Ali Z de lo que hablaré más adelante. Creo
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que eso es lo que hizo que subiera. Pero a la gente que se está beneficiando, no les importa, ¿verdad? No les importa. Solo están
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felices de que el spread esté subiendo. Muy bien. Así que él dijo que si hubieran recibido este
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dinero, habrían inyectado esos dólares en el mercado paralelo y estaría en 1.550.
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Así que esto también nos dice que están contentos con el mercado paralelo. Solo no
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quieren que esté demasiado lejos de la
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tasa oficial, ¿verdad? Así que 1.550 estaría solo a 50 dinares de distancia.
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Bueno, probablemente dirían 50.000 porque, ya saben, van con ese número más largo porque van por 100 dólares,
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no por 1 dólar. Pero sí, eso es otra cosa. Y…
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sí, eso es todo lo importante. Hay otras cosas aquí.
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También habla de los elogios del FMI a las reformas financieras. Entraremos en eso más tarde. Vale. Así que esta es una noticia realmente grande
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allá hoy. Solo quiero llegar a otras cosas y pasar más tiempo en otras cosas. El portavoz del gobierno:
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el dólar llegará a 1.550 dinares en el mercado paralelo en el futuro cercano. Así que
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ahí está él. Confirmó el miércoles que el gobierno y el banco central… ahora miren aquí… están
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trabajando estrechamente juntos, mientras que muchas veces oirán “oh, el banco central es una entidad individual, tiene todo
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el control”. Sigan escuchando y descubrirán que eso tampoco es verdad. Muy bien. Así que el banco central está trabajando
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según un plan bien pensado para bajar el precio del dólar en el mercado paralelo a 1.550.
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Así que 1.550 dinares a corto plazo. H vale. ¿Qué más? Dijo que el plan se
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basa en saldos seguros y suficientes en el banco central que permiten la financiación del comercio exterior con gran fluidez y satisfacer las importaciones.
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Muy bien. Así que transferencias anteriores, bla bla bla, otras cosas de las que ya hablamos. Vale, ahora esto es… importante si todo va según lo planeado.
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Así que, siguiente artículo. Después de medio siglo de ausencia, el nuevo primer ministro de
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Irak, Ali Z, trae de vuelta la navegación iraquí a los mares y abre una nueva puerta para
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el comercio global. Así que fue a Riad, Arabia Saudita. Llegó sano y salvo y ya está de vuelta en casa. Y tienen un acuerdo.
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Hay un acuerdo donde van a abrir… se están preparando para restablecer la línea de navegación nacional a las rutas comerciales regionales
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después de una ausencia de más de medio siglo. Así que si tiene éxito,
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ya saben, ya va a pasar a la historia. Así que puede hacer eso y todas las otras cosas que está haciendo y recuperarles
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su dinero a una tasa respetable de lo que debería ser, ¿verdad?
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Así que sí, eso es genial. Eso es bastante grande. Se anunció hoy… el 15 de octubre
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veremos… o en realidad mañana. Mañana es el 15. Veremos el lanzamiento del primer viaje
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de la línea de navegación iraquí desde
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no sé… el puerto de Jebel Ali en los Emiratos
9:10
hacia Umm Qasr… hace mucho que no oíamos de ese puerto en Basora. Así que luego hay más
9:18
información si quieren leer sobre eso. Pueden. Así que… creo que entrevistaron a este tipo.
9:26
Eh… así que… y él, quienquiera que sea, explicó que la importancia de estas rutas no se
9:33
limita a recibir bienes importados, sino que se extiende a la posibilidad de expandir la actividad de exportación y potenciar el
9:42
papel de Irak en el comercio regional e internacional. Eso es lo que queremos. Queremos que se expandan.
9:49
Vale. Así que el éxito y la continuidad de este paso potenciará
9:59
la presencia de Irak en el mercado de transporte marítimo y dará al comercio exterior opciones más amplias en el período venidero. Así que una forma
10:08
de evitar el estrecho que está causando todos estos problemas, ¿verdad? Y… sí.
10:15
Vale. Así que aquí desde la perspectiva saudí.
10:22
Un experto saudí dice que la visita del presidente Ali a Arabia Saudita es clave para
10:29
las soluciones y un paso prometedor hacia la estabilidad regional. Así que ahí están.
10:37
Así que si quieren leer eso. Es… histórico y genial y simplemente
10:45
representa más su futuro, ya saben, hacia dónde se dirigen. Así que eso es genial. Muy bien, este es un artículo realmente bueno
10:52
en mi opinión.
10:58
Dinero fuera de la supervisión. ¿El Estado es incapaz de recaudarlo o incapaz de desmantelar los intereses creados que se benefician
11:07
de él? Miren eso. Esa es una gran miniatura. Así que la economía en la sombra de Irak se está expandiendo a
11:16
expensas del tesoro del Estado y del sector privado formal, ¿verdad? En medio de una brecha
11:24
entre los ingresos potenciales y los que realmente entran al presupuesto. Así que saben que hay un mercado paralelo, hay
11:31
un presupuesto paralelo, ¿verdad? Hay de todo paralelo, ¿verdad? Esa es simplemente la forma en que funcionan las cosas. Pero entonces
11:39
ponen estas cositas… más o menos a la vista. Pero recuerden
11:48
que estos artículos son para los ciudadanos iraquíes, ¿verdad? Nosotros solo… nosotros solo estamos mirando, ¿verdad?
12:00
Bueno, algunos de nosotros de todos modos. Así que sí, si quieren leer eso porque de la misma
12:07
forma que ellos tienen su todo paralelo, nosotros también, ¿verdad? Y por eso siempre me pregunto… hay gente
12:14
en la calle que vende calcetines, fruta, y es totalmente en efectivo, ¿verdad?
12:22
Sí, dije calcetines. Pero, ya saben, siempre hay esa persona en algún lado.
12:28
Ooh, y especialmente ahora si han visto LA, tienen como
12:35
cuadras de vendedores de comida, ¿verdad? No son un restaurante real.
12:42
Están afuera… probablemente usan tarjetas de débito, pero… ya saben, pero eso es un mercado
12:50
paralelo, ¿verdad? Y ellos tienen lo mismo. Solo que nosotros no oímos hablar de ello.
12:55
Bueno, hay que leer sus noticias para oírlo. Vale. Así que aquí solo un tipo Durg Muhammad, pero sí, él… digo
13:04
de él… habla de él y dice que ahora mismo Irak es un entorno hostil y está diciendo que necesitan aprobar leyes.
13:15
Mejorar la situación económica no se puede lograr sin revisar la legislación y los procedimientos actuales y necesitan un entorno adecuado.
13:26
Quiere activar la ventanilla única.
13:30
Así que quiere reducir la burocracia porque ahora mismo hay que ir a múltiples oficinas.
13:35
Las llaman ventanillas y haces una parte aquí y otra allá.
13:41
Y también en el pasado, ¿qué significaba eso? Significaba que tenías que pagar un poco de dinero, ya saben, tenías que pagar la
13:49
tasa real, pero luego a la persona que te estaba procesando, tenías que pagarle, ¿verdad? Luego ibas a la siguiente
13:56
ventanilla, ¿verdad? Pero ahora solo tienen una ventanilla que hace todo y
14:03
¿adivinen qué? Será digital. Así que no más “engrasar la mano” como se dice, ¿verdad?
14:09
Así que… y creo que le están dejando decir eso porque mucho de eso se está haciendo. Ya están consolidando y fusionando y haciendo cosas así.
14:21
Vale. Luz verde condicional. ¿Se ha dado la luz verde condicional? ¿Washington aprueba el gobierno de Ali? No.
14:32
Oh, esta imagen… tendría que reducir esta imagen. De lo que trata es porque yo… iba a hacer de este el
14:41
artículo estrella, pero es un poco aburrido para la gente, pero está hablando de la mezcla
14:47
de personas
14:55
que posiblemente van a ser votadas en el gobierno y algunos de ellos son
15:03
miembros de las PMF.
15:06
¿Verdad? Porque ese fue uno de sus acuerdos al principio pero las cosas cambiaron y ya saben, los arreglos cambiaron.
15:19
Vale. Así que… están pensando que
15:30
si tienen esta sesión… bueno, van a tener la sesión de votación esta noche seguro. Disculpen,
15:38
mañana por la noche, 7:00 p.m. hora de Bagdad.
15:43
Pero puede haber algunos problemas con ella. Pero también estoy pensando que eso podría ser
15:52
por lo que los 3.000 millones no se han entregado también
16:00
porque quieren conseguir… porque piénsenlo. Miren el patrón. Fouad Hussein, que es el ministro de Asuntos Exteriores de Irak, se reunió
16:07
con Lex Luthor, también conocido como Tom Barrack, ¿verdad? Y hablaron y realmente no sabemos de qué hablaron pero
16:16
luego Barrack fue a Irak y creo que escuchó… creo que se reunió con Ali Z y
16:27
luego ni siquiera 24 horas después Ali Z escribe una carta
16:35
al Parlamento y esto… y todo esto pasó ayer y ahí están sus artículos, llegaremos a ellos.
16:45
Eh… escribió una carta al Parlamento diciendo
16:54
necesitamos una sesión el jueves para votar sobre el gobierno. Y ni siquiera dos horas después, al menos en la línea de tiempo de los artículos.
17:07
¿Adivinen… oh adivinen qué? Vamos a tener una sesión. Publicaron la agenda.
17:13
Lo único que va a pasar en esta sesión es que hablen del gobierno. Vale. Así que veamos.
17:25
Paremos ahí en eso. Así que, llamados a proteger la soberanía. Así que este
17:32
es un artículo bastante serio, pero no es realmente sobre dinero. Es
17:38
sobre las fuerzas de las PMF y también otras dos facciones. Pero miren lo que quieren.
17:46
Eh… la que termina en bola y la primera empieza con pez, rima
17:55
con pez. Vale. Así que tienen ocho cosas que están pidiendo.
18:02
Tienen preguntas. Yo no las llamaría demandas. Bueno, no las están llamando demandas. Tienen ocho preguntas
18:10
que le han enviado a Ali. Pero miren lo que están exigiendo.
18:15
Quieren un día anual para quemar la bandera estadounidense.
18:22
Así que, ¿creen que vamos a aprobar eso? ¿Y están haciendo eso? ¿En serio?
18:28
Probablemente les importa un comino, pero están haciendo esto para obligar a Ali a mostrar
18:35
dónde están sus lealtades. Porque si no recuerdan, hablamos de
18:41
que en su día de la soberanía, pusieron banderas estadounidenses en el suelo y la gente condujo sobre ellas y caminó sobre
18:49
ellas y luego algunas personas fueron arrestadas y sí, están enfadados por eso. Así que eso es
18:56
un tema. Eso es serio. Estos son los que tienen… militaristas… pew
19:04
pew y cosas más altas que solo pew pew, ¿verdad? Y están en Irak.
19:13
Vale. Así que sí. Muy bien. Eh… veamos aquí. Oh, se nos está acabando el tiempo. Podemos saltarnos esto. Pero esta es la nueva… ¿quién es ella?
19:26
Y su nombre es GG. Ese no es su nombre, pero eso es lo que me va a ayudar a memorizarlo. Wendelyn Green. Wendelyn Green se reunió… es la cónsul general de EE.UU.
19:39
Así que ella… ¿adónde fue? Papá Barzani.
19:43
Se reunió… se reunió primero con él y luego fue con el sobrino Barzani.
19:51
Y tienen un video. Así que hicieron uno de esos videos épicos.
19:57
Mírenlo. Solo dura 47 segundos.
20:00
Así que… y suena música. Y YouTube, sé que estás mirando. Oh, espera. No, este es uno diferente.
20:09
Oh, bueno, tienen uno y lo encontraré. Pero tienen uno de esos épicos donde
20:17
ponen la música y giran la cámara y muestran a todos. Pero… sí, y sé que la gente dice “¿por qué
20:24
muestras eso?” Bueno, a algunas personas les gusta eso. A mí me gusta. Miren esa oficina. Quizás quiera diseñar mi oficina de esa manera. Pero es solo para mostrarles
20:33
lo avanzados que están. Usan… claramente usan IA, usan cosas como
20:41
Canva y todo eso para hacer estas grandes imágenes que usan. Pero… sí, así que volvamos.
20:49
Muy bien. Dos semanas para recalcular el presupuesto. No sé si me lo creo, pero eso es lo que están sacando
20:56
por el cambio de tasa. Y este es el comité de finanzas parlamentario… en realidad un antiguo miembro diciendo eso.
21:06
Y… normalmente estaría de acuerdo con eso pero nos dijeron en artículos que
21:14
trabajaron 4 meses en la tasa. Así que al mismo tiempo estaban trabajando en el
21:22
presupuesto. Así que estoy casi seguro de que trabajaron en el presupuesto con la nueva
21:28
tasa. Vale. Así que… sí y luego también… esta persona
21:35
dijo que subir el valor del dólar no es reforma financiera. Se supone que deben estar trabajando en reforma financiera. Esta no es
21:43
la forma de hacerlo, ¿verdad? Vale. Así que en más noticias grandes de hoy. El FMI elogia al gobierno iraquí por sus esfuerzos en
21:52
adoptar un camino de reformas económicas y financieras. Ahora recuerden cuando nos emocionábamos tanto con artículos como ese. Así que esta es la única parte mala.
22:05
Todo lo demás en este artículo es bueno.
22:07
Hablan de que van a apoyar sus esfuerzos para apoyar al sector privado. Todo eso.
22:16
Pero la confianza en la posibilidad de completar las reformas financieras dentro de los
22:23
próximos 2 años. Sé que no queremos oír eso, pero tampoco me molesta realmente. Siento
22:33
que podría llevarles 2 años completar las reformas financieras, ¿verdad? Porque todavía tienen leyes que tienen que poner en
22:41
marcha. Así que solo cambiar la tasa, eso es realmente el comienzo. Cambiar la tasa, sacar los nuevos billetes, eso es el comienzo. Llevará tiempo, ¿verdad?
22:52
Así que no se enfaden demasiado por eso, pero quería señalarlo. Así que aquí, el fondo del FMI predice que la economía de Irak crecerá un 1,9 %
23:04
en 2027.
23:07
Vale. Así que… y acaban de publicar un artículo diciendo que se iba a contraer.
23:13
Muy bien. Así que aquí el Ministro de Finanzas enfatiza la importancia de fortalecer la cooperación con el FMI
23:23
en el manejo de los cambios económicos. Así que hubo una reunión, esta es una reunión paralela que el ministro de finanzas,
23:31
ahí está su nombre, tuvo con el FMI allí, hay una reunión, reunión del Banco Mundial y el FMI en
23:40
Bangkok, Tailandia. Es una reunión anual, pero se mueve, ¿verdad?
23:45
La tienen en diferentes lugares. Así que él estuvo allí. Ahí es donde recibieron todos los elogios y todo. Y… luego hubo una reunión paralela.
23:54
Esta es la delegación iraquí y esa es la delegación del FMI.
23:59
Sí. Así que ahora voy a quitar todo ese espacio. Pero aquí si aprecian lo que hago… Oh,
24:07
definitivamente, definitivamente denle like. Tienen que darle like a su chica, ¿verdad? Háganlo clic.
24:14
Sí. Y luego consideren suscribirse. Y si quieren, hagan clic en el botón de compartir. Pero suscribirse es… ¿qué? Háganlo clic. Ding.
24:22
Eso es. Tienen que activar la campanita si quieren que les notifiquen y a veces ni siquiera funciona. Y gracias, gracias, gracias por impulsar los videos. Realmente marca la diferencia.
24:33
Si quieren enviar un pequeño regalo, mantenerme con café, que si se dan cuenta,
24:39
hoy he tomado mi café. Eh… pueden ir cuando esta barra desaparezca, este será un enlace en vivo. Eh… Cash App siempre está en vivo.
24:50
Soy $tishwwash ahí y si me envían cualquier cosa yo… respondo con manos de alabanza y luego PayPal grande o
25:00
pequeño lo aprecio todo. Gracias de antemano por su generosidad.
25:04
Vale, 6 minutos. ¿Puedo repasar todo?
25:10
Aquí hay un artículo sobre la economía iraní. Está decayendo rápidamente y mostrando signos de desesperación incluso en las calles
25:17
incluso. Así que miren, incluso ellos están usando… formas modernas de hacer imágenes, ¿verdad?
25:25
Vale. Así que saltaremos eso, pero pueden leerlo si quieren. Pero oh bueno, sí quiero señalar esta parte aquí mismo. Están diciendo, vale,
25:35
realmente estamos sintiendo esta… ¿qué era? Operación de aislamiento económico. Aislamiento económico.
25:44
Recuerden eso. Eh… así que están llegando a la conclusión de que el presidente de EE.UU. está jugando el juego a largo plazo esperando que el
25:53
sistema… su sistema financiero, ¿verdad? llegue a un punto en el que se vea obligado a hacer concesiones
26:02
pero salieron hoy… el… Kahani y Kalib salieron hoy…
26:12
algunos discursos de los que hablaré en otro video. Vale. Así que ayer el banco central… un
26:20
representante del banco central… miren esta foto también es rosa. Aquí está su… bueno en un artículo
26:29
su nombre es Samir y en este artículo su nombre es Samir esto y esto pero yo todavía lo estoy llamando
26:37
Samir. Así que por alguna razón tuvo que salir y decir que el banco central confirma que sus bóvedas están llenas de dinares iraquíes porque
26:46
creo que quizás alguien estaba como “bueno, ¿por qué estás poniendo tanto énfasis en el dólar y el mercado paralelo del dólar
26:54
si no hay un problema con el dinar?”, ¿verdad? Así que quizás así es como respondió a eso pero hay un foro
27:04
recuerden que dije este foro Mary… mí en el Kurdistán. Ha estado allí al menos 2
27:11
días. Creo que quizás hoy sea el último día, pero ayer fue su día. Él
27:18
habló. Es un representante del gobernador del banco central,
27:24
¿verdad? Dijo: “Nuestra responsabilidad es mantener el valor del dinar frente a las monedas extranjeras. El tema de
27:33
la tasa de cambio y su importancia relativa difiere de un país a otro explicando que la tasa de
27:40
cambio es importante para Irak porque la economía iraquí es de naturaleza rentista y depende de los ingresos en dólares”. Ahora si tuviera
27:49
tiempo explicaría más profundamente pero quizás mañana.
27:57
Así que, y la tasa de cambio es el vínculo de todo esto. Es el gasto del gobierno,
28:04
eh… los ingresos del petróleo, todo. Así que quizás quieran leer este artículo. Este es bueno. Así que,
28:14
también, el Banco Central de Irak, la crisis del estrecho obligó a un aumento en la tasa de cambio del dólar para proteger
28:22
las reservas, sus reservas de divisas extranjeras.
28:27
Así que esto… no hay otras cosas pero quiero saltarme esto. Así que lo último… espero que esté aquí.
28:38
Sí. Así que aquí ya hablé de esto. Ya les dije que… veremos mañana.
28:47
Eh… veremos qué hacen mañana. Y no habrá prensa.
28:52
Aquí está traducido. Y hay un artículo cuyo título es algo como “mañana será una sesión a puerta cerrada”.
29:01
Habrá sorpresas. Así que creo que se va a calentar. Va a haber discusiones acaloradas quizás incluso, ya saben,
29:09
se pelearán. Se pelean justo en el suelo del parlamento. Pero veremos.
29:14
Estaré mirando y reportaré. Así que veamos. ¿Qué era esto? Más sobre el FMI y su economía.
29:25
Vale, ese es un buen artículo. Oh Dios mío. Quizás no esté aquí. Eh… este
29:32
tipo Talibani, dijo que la presencia de Ali es una oportunidad de oro. Vale, este tipo, con esto vamos a cerrar.
29:42
Solo porque sé que algunas personas todavía no entienden cómo funcionan los gobiernos. No importa. Todos son
29:50
iguales, ¿verdad? Así que este tipo, presentó su renuncia y se la negaron.
29:57
Eh… así que salió en la tele y empezó a contar todo. Pero lo más grande
30:02
que dijo fue que… propusieron subir la tasa de cambio del dólar a
30:10
2.000… 2.200 dinares por dólar. Eso realmente habría sido
30:17
un desastre, ¿verdad? ¿Y qué más dice?
30:21
Dice: “Miren, solo tenemos salarios hasta diciembre, pero eso no es un problema para mí porque enero es un nuevo año
30:29
calendario, nuevo presupuesto, ¿verdad?” Así que eso no es un problema. Pero
30:37
incluso él dijo que el Banco Mundial quería que Bagdad pusiera el dólar tan alto.
30:44
Y habla del efecto real de, ya saben, la campaña militar y habla de las fuerzas de movilización
30:52
popular, ¿verdad? Así que… así que estoy como, vale, debe
30:59
haber pensado: “vale, no me aceptan la renuncia. Quizás me despidan. Voy a sacar toda la suciedad”.
31:07
Así que… habló de cómo, sí, el petróleo iraquí está saliendo, pero está pasando por el lado omaní de la calle, no por el lado regular.
31:20
Y… oh, una cosa más. Así que tuvieron una delegación china, pero… y sí tienen a China ahí, China está
31:29
construyendo, tienen chinos trabajando ahí, pero esta fue una delegación bancaria. La delegación que vino
31:37
especializada en inversión, banca y comercio para discutir perspectivas de cooperación
31:44
conjunta y revisar, ya saben, futuras oportunidades de inversión. Así que pensé que era interesante, pero también
31:51
tiene sentido, porque quizás querían respuestas, ya saben, ¿qué están haciendo? ¿Por qué subieron la tasa del dólar? ¿Por qué debilitaron el dinar?, ¿verdad?
32:02
Así que, pero dudo que… porque ellos también saben de hacer malabares
32:09
con el dinero del gobierno, ¿verdad? Así que… y luego aquí Sadani y Barzani se reunieron. Pero
32:16
de todos modos, todas estas son cosas que si quieren… leer, pueden.
32:23
Pero no se quedarán fuera del circuito si no leen estas porque hice lo mejor que pude.
32:28
Oh, solo una cosa más. Así que hace un tiempo hablé de cómo Maliki está muy débil
32:34
y en una de las primeras reuniones que Ali Z tuvo en su casa hicieron esto muy
32:40
grandioso… cada persona entraba y… su propio tiempo especial a solas con…
32:49
Ali Z pero Maliki tenía que agarrarse de él y así de débil está. Y si él
32:56
está caminando solo, hay dos personas a su lado, ya saben, por si se cae. Pero hay
33:04
prueba de que no está bien de salud. Lo que sea que le pasó por último, enfermedad o alguien intentó eliminarlo, realmente
33:12
lo debilitó. Muy bien. Así que eso es todo. Están al día desde ayer y esto es hasta el mediodía
33:21
de hoy, 14 de octubre. Así que, si hay algo que… ya saben, creo que deberían saber como esta noche que no puede esperar hasta
33:29
mañana, haré otra actualización. Pero esta es probablemente la actualización que estoy haciendo por hoy. Gracias por escuchar. Se los aprecio mucho. Aprecio sus comentarios. ¿Algún regalo?
33:41
Y… sí, así que veamos. Veamos qué pasa mañana si conseguimos un gobierno. Muy bien. Eh… disfruten el resto
33:50
de su día. Acumulen mientras esperamos que la tasa se aprecie. No se salten ninguna comida a menos que quieran pagar todas
33:57
sus facturas. Disfruten el resto. ¿Hicieron clic? Sí, gracias. Hagan clic en ese
34:05
pulgar arriba. Y si se perdieron el último episodio que hice, aparecerá una cajita que pueden hacer clic y… verlo
34:14
y pueden darle like también. Muy bien, disfruten el resto de su mañana, noche, mediodía, cualquier franja horaria en la que estén disfrutando este contenido.
34:23
Y hasta la próxima, gracias de nuevo. Ustedes son geniales.
