Sunday, October 25, 2026

Strengthen the Iraqi Dinar FIRST? The Roadmap Before Removing Zeros

Currency reform before removing zeros: An economist tells Iraq Observer that the roadmap is to strengthen the value of the Iraqi dinar.    Transcripción en español al pie de la página 

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As discussions resurface regarding the future of the Iraqi currency and the possibility of removing zeros or replacing the dinar, the importance of prioritizing economic and monetary policies as a foundation for any future reform measures is paramount. There are strong assertions that strengthening the currency's value and restoring confidence in it necessitates comprehensive financial and economic reforms that precede any decisions concerning the currency's form or the number of zeros.

The video for this My FX Buddies Blogpost is below here:


Economic researcher Dr. Safwan Qusay emphasized that determining the fair value of the Iraqi dinar and reconsidering the number of zeros in the currency fall under the purview of the Central Bank of Iraq's monetary policy. He pointed out that proceeding with removing zeros or replacing the currency requires laying the appropriate economic groundwork and should not be done in isolation from the necessary reforms.


Qusay told Iraq Observer, "Monetary policy is responsible for determining the dinar's value, while the government of Prime Minister Ali Faleh al-Zaidi is expected to implement a financial and economic reform program that contributes to diversifying income sources and strengthening the national economy. Achieving economic diversification is a fundamental prerequisite before proceeding with any move related to changing the currency or removing zeros."

 


He added that “addressing the currency issue is not limited to changing its form or nominal value, but also requires taking measures to curb counterfeiting and help recover the cash holdings outside the banking system or abroad.” He pointed to the possibility of expanding the use of electronic cards in financial transactions as part of the transition to electronic payments and strengthening oversight of money flows.


He stressed that “the success of any monetary measure is linked to the progress of financial and economic reforms and the ability of the relevant institutions to provide the requirements for stability.” He explained that changing the exchange rate, removing zeros, or replacing the currency should come at a later stage, after completing the necessary foundations for reform.


This approach places comprehensive economic reform at the forefront of priorities, as it is the most important entry point for building confidence in the Iraqi dinar and strengthening monetary stability, while decisions regarding the future of the currency remain the prerogative of the Central Bank, based on economic indicators and the requirements of the next phase.

 


Removing zeros from the Iraqi dinar: A government move reopens the issue.

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  The issue of removing zeros from the Iraqi currency has returned to the forefront of economic discussions, following statements by a member of the Parliamentary Finance  Committee, Riyadh Al-Tamimi, in which he revealed a government trend to remove zeros from the Iraqi dinar or change the currency, in a move that reopens one of the most prominent monetary issues that has remained on the table for years without moving to the stage of comprehensive implementation.

Al-Tamimi said, in a statement carried by local media, that “there is a government trend to remove zeros from the currency or change it,” without revealing a specific timetable or details of the procedures that the concerned authorities may take to implement this trend.

These statements come at a time when the Iraqi economy is facing challenges related to the stability of the dinar exchange rate, the regulation of cash transactions, and the development of the banking system, which raises questions about the nature of the project, its objectives, and the extent of its connection to the financial and monetary reforms that the authorities are seeking to implement.

The project to remove zeros from the currency is a monetary measure aimed at redefining the nominal value of monetary units and simplifying arithmetic and accounting operations, without necessarily meaning an increase in the purchasing power of the dinar or an improvement in its actual value against foreign currencies.

For example, if it is decided to remove three zeros, the sum of one million dinars may become a new thousand dinars, with prices, salaries, deposits and financial obligations being recalculated in the same proportion, so that their real economic value does not change as a result of the conversion alone.

Removing zeros is different from changing the exchange rate; the former relates to renaming monetary units, while the latter is related to the value of the dinar against foreign currencies, which is a fundamental difference in understanding the potential effects of any future decision.

Experts in monetary affairs believe that the success of such a step requires extensive legislative, technical and banking preparations, including updating payment systems, ATMs and accounting software, in addition to organizing the process of replacing banknotes and raising citizens’ awareness of the transfer mechanisms.

The project also requires the establishment of clear controls to protect the rights of depositors, salary earners and retirees, and to prevent the exploitation of the transition period to raise prices or make inaccurate transfers of monetary values.

In the latest official statement, the Director of Media at the Central Bank of Iraq, Haider Ghazi, confirmed on October 19, 2026, that removing zeros requires legal legislation, due to its connection with debts, obligations, and fines stipulated in the applicable laws, explaining that the process, if approved, would be primarily of an accounting nature.

The governor of the Central Bank of Iraq had explained last September that changing the currency falls within the bank’s powers, while removing zeros requires legislation from the House of Representatives, which highlights the difference between the two legal paths between issuing new banknotes and redefining the nominal value of the dinar.

The Central Bank had previously denied, in an official statement dated August 26, 2026, the news regarding the printing of a new Iraqi currency with zeros removed, stressing that any future decision in this regard would be subject to legal, regulatory and technical stages, with a transitional period specified to ensure the protection of the financial rights and obligations of citizens and institutions.

These positions indicate that the debate regarding the future of the Iraqi currency remains open between the option of updating the banknotes in circulation and the option of removing zeros, while no final official decision has been issued that specifies the implementation mechanism or the date for starting the currency replacement.

Thus, MP Riyad Al-Tamimi’s statements gain new importance in bringing the issue back to the parliamentary level, but they do not in themselves mean the approval of the project or the start of its implementation, as the transition from orientations and discussions to actual implementation remains linked to the completion of legislative procedures and the official announcement of details by the competent authorities.

The most prominent question facing Iraqi citizens and markets remains: Will the authorities move towards issuing a new edition of the dinar in its current denominations, or towards restructuring the currency by removing zeros? This is a question whose final answer is still contingent on upcoming official decisions

One billion dollars in cash is on its way to Iraq... Government moves to strengthen the dinar and reduce demand for hard currency.

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Mahmoud Dagher, advisor to the governor of the Central Bank and spokesman for the bank, confirmed on Saturday that the Prime Minister’s actions contributed to convincing the US Federal Reserve to ensure the smooth flow of cash dollars into Iraq.

Dagher said in press statements that increasing cash dollar shipments would enhance the stability of the local market and reduce informal demand for the currency, noting that the value of a single shipment currently reaches about $500 million.

He added that forecasts indicate the arrival of new shipments of cash dollars that may amount to $1 billion, indicating that increasing the cash supply of foreign currency will contribute to strengthening the value of the Iraqi dinar and supporting the stability of the exchange market.

this is from telelgram I can't find in writing yet but I'll keep looking





His economic advisor: Al-Zaydi has put forward a new vision to end the era of rentier economics.

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His economic advisor: Al-Zaydi has put forward a new vision to end the era of rentier economics.

Muzhir Muhammad Salih, the economic advisor to the Prime Minister, affirmed on Saturday that the government's move towards drawing a new capitalist economic identity for Iraq represents a positive and important step, pointing to the country's need to move from a rentier economy to a productive economy based on diversifying sources of income and encouraging investment.

Saleh said, “Regarding Prime Minister Ali Faleh al-Zaidi’s statement about the government working on drawing up a new capitalist economic identity for Iraq, this step is positive and important, especially since Iraq needs to move from a rentier economy to a productive capitalism based on diversifying the economy, encouraging investment, and enabling the private sector to create job opportunities and increase production and exports, which will enhance the national economy’s ability to achieve sustainable development,” according to the official agency.

He added that "the social market economy represents a framework for achieving a balance between market freedom and the role of the state in regulating competition, providing basic services, and ensuring social justice," explaining that "what is required is not the withdrawal of the state from economic activity or its continued management of most economic activities, but rather the building of an efficient institutional state, a productive private sector, and a social system that protects the rights of citizens."

Saleh pointed out that "the real challenge facing Iraq is to transform oil wealth from a source of spending and rent into a lever for sustainable development," stressing that "the success of the economy should be measured by its ability to increase production, provide job opportunities and improve the standard of living of citizens, and not by the size of oil revenues alone."

The government calls for savings while expanding appointments... a contradiction that confuses financial reform!

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The Iraqi government is moving towards drawing up a new economic identity that gives the private sector a wider role in production and employment, and is trying to reduce dependence on oil, at a time when the increase in appointments and the creation of government institutions raises questions about the state’s ability to control spending and turn reform plans into tangible results.

The government project intersects with three main issues: expanding the role of the market and the private sector, addressing the gap between the official and parallel exchange rates, and restructuring public spending, of which operating expenses account for the largest share.

Capitalism with social guarantees

The Prime Minister’s economic and financial advisor, Mazhar Muhammad Saleh, said in an interview followed by (Al-Mada) that there is a governmental trend to draw a new capitalist economic identity for Iraq, with the aim of moving from a rentier economy to a productive economy based on diversifying sources of income and encouraging investment.

Saleh believes that enabling the private sector to create job opportunities and increase production and exports is a necessary path to achieving sustainable development, explaining that the project's philosophy is based on transforming market freedom into a tool for wealth creation, while the state assumes the role of guarantor of fair competition, services and rights.

He added that oil revenues should not remain a permanent source of rent and current spending, but should instead be transformed into a lever for financing the building of a diversified and sustainable economy.

He stressed that the success of the new model is not measured by its name or description, but by its ability to increase production, provide job opportunities, reduce dependence on oil, and ensure that development revenues reach various segments of society.

social market option

Saleh believes that the social market economy is an option worthy of study and development, as it combines freedom of initiative, economic efficiency and social justice, without the state becoming a direct manager of all activities, or leaving society alone to face the risks of the market.

He stressed that oil wealth should be a bridge to the transition towards a productive economy, with the private sector becoming a partner in production, operation and export.

According to Saleh, the role of the state should be measured by its ability to build institutions, regulate economic activity and achieve the public interest, not by the extent of its ownership of projects or the size of its spending.

He summarized the required model by saying that Iraq does not need a state that excludes the market or a market that excludes the state, but rather a state that regulates economic activity, a market that stimulates production, and a social system that protects human dignity.

Inflation of operating expenses

In contrast, economic researcher Jalil Al-Lami believes that Iraqi fiscal policy is facing increasing challenges due to the expansion of appointments and the creation of government institutions, coinciding with official calls for citizens to rationalize consumption and increase savings.

Al-Lami said, in a statement followed by (Al-Mada), that the financial data published up to the end of July 2026 showed that government spending reached about 68.3 trillion dinars, compared to revenues of 39.1 trillion dinars, with an accounting difference of 29.2 trillion dinars.

He added that operating expenses amounted to about 65.4 trillion dinars, compared to 2.8 trillion dinars for investment expenses, which means that current spending accounted for about 95.8% of total actual spending during the aforementioned period.

He explained that the problem does not lie in the necessary appointments within the health, education and services sectors, but rather in the unplanned expansion of fixed expenditures at the expense of investment and production.

Cost of new appointments

Al-Lami estimated that appointing 100,000 employees with an average monthly salary of 750,000 dinars would cost the state about 900 billion dinars annually, while the cost would rise to about 1.8 trillion dinars when appointing 200,000 employees.

He explained that these accounts are hypothetical and do not include pension allowances, retirement costs, and other employment-related expenses.

These warnings come after the government announced the creation of more than 120,000 contract positions within the 2027 budget, in addition to the move to make contractors and workers permanent employees, despite the financial pressures and the expansion of operating expenses.

Al-Lami called for the adoption of a program and performance budget, a review of administrative expenses and privileges, and linking the creation of institutions and job grades to the criteria of actual need and economic feasibility.

He stressed that rationalizing spending should begin with state institutions before asking citizens to save, warning that the continued inflation of operating expenses, coupled with limited non-oil revenues, increases the budget's exposure to oil price fluctuations and limits project financing.

IMF warnings

Al-Lami quoted the IMF’s 2025 Article IV consultation report, which warned of rising payroll and pension bills and widening fiscal deficits, with the deficit expected to reach 9.2% of GDP in 2026.

He noted that previous IMF estimates for 2027 assumed government spending would reach about 43.4% of GDP, distributed between 38.4% for current expenditures and 4.9% for capital expenditures.

He explained that applying these ratios hypothetically to a GDP of 300 trillion dinars means government spending of about 130 trillion dinars, including about 115 trillion for current expenditures and 15 trillion for capital expenditures.

Al-Lami stressed that these figures represent previous calculations and estimates, and are not final allocations announced by the government within the 2027 budget.

There is no alternative to income diversification.

For his part, economic researcher Amer Al-Jawahiri, in a statement followed by (Al-Mada), says that Iraq has no option but to take serious steps to diversify its sources of income and move towards a productive economy in the various sectors.

He pointed out that the country possesses historical, cultural, natural and religious tourism assets that can be invested in within the framework of economic diversification, alongside the industrial, agricultural and service sectors.

He stressed that the responsibility for implementing this approach does not fall on the federal government alone, but also includes the Kurdistan Regional Government and the local governments in the provinces, within a comprehensive economic strategy for the entire country.

He warned that the absence of this strategy would keep Iraq in a state of decline and expose it to successive economic crises.

The dollar is not the only solution

Regarding increasing cash dollar shipments to Iraq, Al-Jawahiri believes that the move could give the Central Bank greater flexibility in managing foreign liquidity and implementing its monetary policy, and may help reduce the gap between the official and parallel exchange rates.

But he stressed that increasing shipments is not a complete solution, explaining that the main treatment is related to facilitating official transfers for various segments, and reducing the need for importers and business owners to buy dollars from the parallel market.

He explained that the continued complications facing foreign transfers keep demand high outside the banking system, regardless of the amount of cash entering the country.

Empowering the private sector

Al-Jawahiri links the success of the economic transformation to empowering the private sector and investors, and activating stalled and unimplemented projects to start working and producing.

He explained that increasing domestic production will gradually reduce dependence on imports, but noted that this transformation will be slow and will require time, professional management, and a stable government will.

He stressed that the reform measures do not pose a danger in themselves, but rather the real danger lies in delaying institutional and administrative reforms and continuing the current management approach.

He added that empowering the private sector is linked to providing infrastructure, services and credit, simplifying procedures and reducing obstacles facing investors and business owners.

He warned that the continuation of routine, bureaucracy and corruption leads to an accumulation of problems for the private sector, and weakens its ability to create job opportunities and contribute to increased production.

Between a project that gives the market and the private sector a greater role, efforts to increase dollar inflows, and announced plans to control spending, the real test remains the government’s ability to balance liberalizing economic activity with social protection, and providing jobs while preventing inflation of the operating budget.

The success of the new economic identity is not related to the amount of dollars entering the country or to the name the model will bear, but rather to its ability to transform oil revenues and available liquidity into production, investments, job opportunities and results that the citizen can feel.


An expert criticizes borrowing from the International Monetary Fund: its conditions are harsh and almost impossible to meet.

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International Monetary Fund

Academic and economic expert Ahmed Saddam criticized the lack of any real economic reforms, which led to resorting to borrowing from the International Monetary Fund, whose conditions he described as "harsh and almost impossible". 

Expert: No real structural change has taken place in the Iraqi economy to enable it to cope with the geopolitical situation.

The head of the International Monetary Fund, Kristalina Georgieva, said that Iraq had asked the Washington-based fund for a new financing program, a request which she said the fund intends to support.

“We will provide Iraq with financial support,” Georgieva added at the conclusion of the International Monetary Fund’s annual meetings in Bangkok, as well as support through economic policies, according to Bloomberg News.

Saddam told Ultra Iraq that “no real structural change has taken place in the Iraqi economy to enable it to cope with the geopolitical situation. All that has happened is an increase in financial need, with talk of increases in fees, lifting subsidies, and reducing the gap between income and spending, but it is still without a clear roadmap.”

He explained that "the expected economic contraction in the coming days is 16% of the size of the national product and represents a great danger that will stop the economic activity of the private sector and weaken investment inflows, as the state will be forced to continue to borrow internally to cover the gap between revenues and large expenditures, unless an austerity budget is adopted that is in line with the real capabilities." 

According to Saddam, "The real problem in Iraq is not the principle of borrowing, but rather the mechanisms for managing public funds and the Ministry of Finance, which relies on old and outdated methods. The decline in oil revenues and the lack of alternatives have led the state to the inevitability of resorting to the International Monetary Fund to borrow and fulfill its obligations towards citizens, despite the lack of transparency in announcing the details of the request." 

Saddam believed that "the conditions of the International Monetary Fund are often harsh and are considered almost impossible due to the difficulty of stopping appointments or reducing employee salaries in light of the current rise in prices, considering that the current period has not witnessed any real and effective economic reforms on the ground, only talk and unconfirmed circulation of figures." 

Expert: The real problem in Iraq does not lie in the principle of borrowing, but rather in the mechanisms for managing public funds and the Ministry of Finance.

Saddam stressed that “the government’s focus is on managing expenditures instead of managing wealth and investment, and thinking about revitalizing vital sectors such as taxes instead of relying excessively on customs, in addition to the fact that changing the value of the currency by reducing the dinar was a preliminary step related to the conditions for accepting the loan request from the International Monetary Fund.”

Economic expert Ziad al-Hashemi had previously stated that the Iraqi government remains silent on the issue of borrowing from the International Monetary Fund, despite the passage of days since the Fund Director’s statements, which sparked a wave of controversy and resentment in Iraqi public opinion. 

Al-Hashemi pointed out that "the director of the IMF made a statement, the Iraqi parliament confirmed it, the public is asking questions, and the Iraqi government is ignoring it as if the matter does not concern it, even though it is the main party concerned with the issue and demanding clarifications about this step, just like the rest of the governments that deal with their public clearly and transparently when going to the IMF."

He added: “Borrowing from the IMF is unlike other loans, and it has its own specificities, effects, and economic repercussions, unlike loans from Japanese and German agencies and others, which are not linked to a comprehensive program to control the general budget or manage monetary policy and other spending control tools.”

He continued: “The Iraqi government should not rely on time to overcome this issue. It must provide clarifications regarding the amount of funding it requested from the IMF, the type of program proposed, its duration, the economic reforms or commitments that the agreement with the IMF may include, and specify the implications of this for the economy and the citizen.”

He pointed out that "the government's continued silence regarding this loan will confirm that there is governmental hesitation to acknowledge the extent of financial pressures and the contradiction in economic policies, or that there is fear of popular reactions towards the potential conditions, or the absence of a unified governmental vision for dealing with the IMF's requirements."

Al-Hashemi believes that "the Iraqi government is required in any case to explain why borrowing from the IMF has become necessary now, and what has changed in the financial situation that made the government move from trying to avoid external borrowing to requesting a new financing program from the IMF?!"

Iraqi economist Nabil Al-Marsoumi revealed estimates for the 2027 budget project indicating that the deficit will reach about 43 trillion dinars, 88% of which will be covered by borrowing, distributed between 16 trillion and 156 billion dinars from external financing and 21 trillion and 734 billion dinars from local sources.

According to data published by Al-Marsoumi, this external borrowing is estimated at about 8 trillion and 421 billion dinars of new loans, and 7 trillion and 735 billion dinars of ongoing loans, while internal financing includes the issuance of treasury bills worth about 14.7 trillion dinars, government bonds worth five trillion, as well as about two trillion dinars of loans from government banks.


The Foreign Minister and the Executive Director of the International Trade Centre discuss strengthening economic partnership.

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On Sunday, October 25, 2026, the Minister of Foreign Affairs, Mr. Fuad Hussein, received at the Ministry headquarters in Baghdad, the Executive Director of the International Trade Centre, Ms. Pamela Cooke Hamilton, and discussed with her ways to enhance cooperation in the areas of diversifying the national economy, developing the private sector, increasing Iraqi exports, and supporting Iraq’s integration into the international trade system.

The Minister stressed the importance of utilizing the center’s technical and advisory expertise to support Iraq’s accession to the World Trade Organization, develop trade policies, and enhance investment and trade partnerships, noting the importance of the Iraqi Trade Forum for Development and Investment, which Baghdad will host from October 25 to 28, 2026.

The two sides also discussed supporting small and medium enterprises and entrepreneurship, developing agricultural and food value chains within the framework of the (SAAVI) project, and the possibility of launching a second phase of it, as well as enhancing coordination between Iraqi institutions and the center to develop economic projects that contribute to achieving sustainable development and providing job opportunities.

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The House of Representatives adjourns its session until next Tuesday.

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The House of Representatives adjourned its session held today, Sunday, until next Tuesday.

The media office of the House of Representatives said in a statement received by the Iraqi News Agency (INA): “The House of Representatives adjourned its session until next Tuesday.”

She added that "the Council voted to extend its legislative session for 30 days, from 1-11 until 1-12," indicating that "the Council postponed the vote on the proposed third amendment to the Lawyers Union Law No. (137) of 1981 to the next sessions."

She continued, "The following members of parliament, Ali Muhammad Ahmad Al-Faily, Hussein Ahmad Hadi Al-Maliki, Wasfi Assi Hussein Al-Obaidi, and Riyadh Younis Jassim Al-Humaidawi, took the constitutional oath as members of the House of Representatives."

He noted that "the House of Representatives voted on a proposed law to grant employees long-term leave, and completed the first reading of the draft law amending the Competition and Anti-Monopoly Law No. (14) of 2010."


Iraq Central Bank Announces $1 Billion Dollar Cash Shipment Arriving From US

The shipment is the first phase of a plan to send one billion dollars monthly to Iraq, with diplomatic and financial efforts underway to raise that figure to $2.5 billion monthly to eliminate the gap between the official and parallel exchange rates

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US 100 Dollar bills in a Picture (Archive)

The Central Bank of Iraq exclusively told Kurdistan 24 on Saturday that a new dollar cash shipment worth one billion dollars will arrive in Baghdad from the United States within less than one week, as part of ongoing negotiations between Iraqi PM Ali al-Zaidi and American officials to significantly increase the volume of dollar cash sent to the country.

 

Mahmoud Dagher, adviser and spokesman for the Central Bank of Iraq, told Kurdistan 24 exclusively: "Within less than a week, a new dollar cash shipment from the United States will arrive in Baghdad worth one billion dollars cash. This development will have a positive impact on strengthening the value of the Iraqi dinar and maintaining financial stability."

He added that the new dollar amount will be directly put to service in the process of balancing the financial market and supporting the Iraqi dinar.

 

The Exchange Rate Decline Explained

On the recent decline of the dollar's exchange rate in domestic markets, Dagher clarified that this positive change is a result of the monetary policy the Central Bank follows through increasing the volume of dollar supply, alongside the economic reforms and changes that have entered the market.

 

The Phased Plan

According to information obtained by Kurdistan 24, PM al-Zaidi's negotiations with the American side are continuing with the aim of reaching agreement on a significant increase in the volume of dollar cash sent to the country. In the first phase, one billion dollars will be sent monthly on a continuous basis starting within the coming days. Meanwhile, diplomatic and financial efforts are concentrated on raising that figure to $2.5 billion monthly, with the aim of eliminating the gap between the dollar and dinar exchange rates in the market entirely.

 

The shipment comes after a prolonged gap in dollar cash convoys to Iraq. The last shipment was approximately $500 million sent on August 6, 2026, and the absence of a new convoy had been creating pressure on Iraq's foreign exchange market. The resumption of the dollar supply at double the previous shipment size, with a target of $2.5 billion monthly, represents a significant escalation in the US-Iraq financial cooperation track and reflects the broader Erbil-Baghdad-Washington relationship at a moment when Iraq is simultaneously managing militia disarmament demands, the closure of Iran border crossings under US pressure, and active budget negotiations with the Kurdistan Region.





Beyond the IMF loan: A government move to address inflated spending and transform international funding into an opportunity for reform.

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The Iraqi government's move to secure a financing program from the International Monetary Fund (IMF) has opened the door to accessing international financing and expertise to address financial pressures. This could potentially link borrowing to addressing the root causes of the deficit and improving resource management, thus giving the budget greater flexibility to meet essential obligations and support economic stability.
At the conclusion of the IMF and World Bank annual meetings in Bangkok, IMF Managing Director Kristalina Georgieva announced that Iraq had requested a loan program, confirming the institution's readiness to provide financing and policy support. However, she did not disclose the loan amount, its detailed terms, or when an agreement might be reached.


This announcement followed a meeting between Finance Minister Faleh Saad and the IMF's Middle East and Central Asia Department Director, Jihad Azour, in the presence of the Central Bank Governor. The meeting addressed the financial pressures facing Iraq and the trajectory of fiscal and monetary policies. The Ministry of Finance affirmed the IMF's readiness to support the country in confronting the crisis stemming from regional tensions.
For his part, the spokesman for the Central Bank of Iraq, Dr. Mahmoud Dagher, said that “the importance of cooperation with the International Monetary Fund goes beyond obtaining the loan to benefiting from its expertise in modifying the macroeconomic policies that cause the deficit. The Fund is an institution that is financed by member states and is keen to recover its funds, and therefore the financing is linked to a dialogue with the authorities regarding the management of spending and revenues and addressing financial imbalances.”

Dagher added in a statement to Iraq Observer that “Iraq needs this dialogue, and perhaps its importance is greater than the loan itself, as the budget is being discussed, as well as the reasons for spending that is not covered by revenues, and the search is on to reduce expenditures or increase resources. From my experience with the Fund after 2015, the focus was on the size of salaries, allowances, appointments, and the reasons for the low productivity of the worker. These are files that need to be reviewed to reduce quotas and partisan appeasement, in addition to directing support to vulnerable and deserving groups instead of distributing it in general to include those who can afford the cost.”


This perspective aligns with the IMF's stated function for lending programs: to provide countries facing crises with time to implement policies that restore stability and growth, while protecting the most vulnerable groups. The nature of the commitments varies depending on the financing instrument, the country's circumstances, and its needs.
Experts say that support can be an opportunity to improve efficiency by examining spending channels, linking commitments to the country's ability to finance them, and reviewing employment and subsidy policies. This helps reduce waste and prioritize expenditures that directly impact services and social protection.


IMF programs typically involve technical discussions, policy agreements, and approval by the Executive Board before implementation. This presents Baghdad with an opportunity to formulate a program that addresses both its financing needs and the root causes of its deficit, transforming international cooperation into a tool for improving public financial management and enhancing resilience to shocks.



According to expert Ziad Al-Hashemi

Al-Zaidi's statement regarding the dollar is confusing the market and does not align with the Central Bank's policy.

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Al-Zaidi's statement regarding the dollar is confusing the market and does not align with the Central Bank's policy.

 

Economic expert Ziad al-Hashemi criticized Prime Minister Ali al-Zaidi's statements on Saturday, October 24, 2026, regarding the government's intention to inject cash dollar shipments into the markets to lower the exchange rate. Al-Hashemi asserted that this proposal contradicts the Central Bank's policy and sends the wrong message to the public. He stated that al-Zaidi's talk of increasing cash shipments from the Federal Reserve to $500 million per month and working to raise this to $1 billion for injection into the markets presents a problem that will confuse the market, because the Central Bank does not offer dollars for free sale but rather allocates them for specific purposes such as travel and medical treatment.

Al-Hashemi stressed that reducing the parallel exchange rate sustainably requires addressing the causes of demand outside the banking system and facilitating financing for official trade, not just injecting cash shipments.

Earlier, Prime Minister Ali al-Zubaidi reassured citizens that the dollar exchange rate would soon drop to 155,000 dinars, indicating that Washington would send $1 billion in cash to Iraq, and that there were government efforts to double this amount to inject it into the market and revitalize it.

Al-Hashemi said in a post on the “X” platform, which was followed by the 964 network , that “a new problem has occurred in the Iraqi Prime Minister’s statement regarding (cash dollars), which contradicts the Central Bank’s policy and the nature of the dollar’s movement in the Iraqi economy and may confuse the markets! The Prime Minister confirmed that his government succeeded in increasing cash dollar shipments through the Federal Reserve to $500 million per month, and is working to raise them to $1 billion, as the government seeks to (inject these amounts into the market) to end the gap between the official price and the parallel price!”

He added that “this statement conveys a wrong message to the public and contradicts the fact that there is a (regulatory separation) between each type of Iraqi dollar and its channels of use. The Central Bank of Iraq (does not offer cash dollars for free sale in the local market) with the aim of increasing the supply at exchange offices and reducing the parallel market price, but rather it provides it through specific banking channels! Cash dollars are used for specific purposes such as travel, treatment, study and some incoming remittances, and remittance dollars are used to finance foreign trade, and most of them are not intended to provide or inject dollars into the local markets!”

He added, “Another problem is that the Central Bank has reduced the share of cash dollars for travelers and set time periods for each payment, which will reduce the availability of cash dollars even with the increase in dollar shipments from the Federal Reserve. The Central Bank has previously confirmed that cash dollars are not allocated to finance dollar purchases within Iraq and that they are only available for permitted purposes! Therefore, the shipments of cash dollars from the US Federal Reserve are not intended to be injected into the market and do not automatically lead to an increase in the supply of dollars or a decrease in its exchange rate in the parallel market. Their potential impact is related to reducing travelers’ demand for dollars from the parallel market after it is made available through special official channels!”

Al-Hashemi added: “As for achieving a real and sustainable decrease in the parallel exchange rate, as desired by the Prime Minister, this requires addressing the reasons for the demand for dollars outside the official banking system and facilitating importers’ access to official financing channels, in addition to reducing speculation and informal cross-border trade.”






Al-Rasheed Bank allows topping up its cards through payment outlets up to a maximum of two million dinars per day

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Al-Rasheed Bank announced today, Sunday, that it has made available the option to top up its electronic cards through payment outlets with a maximum limit of two million dinars per day.

A statement from the bank, received by "Baghdad Today," stated that "Al-Rasheed Bank announced the possibility of topping up the electronic cards of its cardholders through the electronic payment outlets spread throughout Baghdad and the provinces, with a maximum limit of two million dinars per day."

He added, "This service comes within the framework of his efforts to develop electronic services and facilitate procedures for customers, providing them with multiple options to top up their cards and benefit from banking services with ease and convenience."


Rafidain Bank announces the total value of bank accounts opened during the past 3 months.

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Rafidain Bank announced on Sunday that it opened 6,195 bank accounts during the third quarter of 2026, distributed among current accounts, savings accounts, deposits and electronic banking system accounts.

The bank said in a statement received by Kalima News that “the accounts opened during the period from July 1 to September 30, 2026, according to the approved classifications, were distributed as follows:

-Current accounts: (206) accounts.

-Savings accounts: (1,760) accounts.

-Deposit accounts: (97) accounts.

-Electronic banking system accounts: (4,132) accounts.

The bank affirmed its commitment to “continuing to develop its services and facilitate account opening procedures, enabling individuals and institutions to benefit from deposit, savings, and money management services, and promoting the use of banking channels in financial transactions.”





Al-Zaydi confirms receiving the protesters' demands: Government doors are open

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Prime Minister Ali al-Zaidi confirmed on Sunday that he had received the demands of the protesters, while praising the peaceful nature of the demonstrations in Baghdad.

The Security Media Cell said in a statement received by Shafaq News Agency that “Al-Zaydi expressed his thanks and appreciation to the peaceful demonstrators who came out today, Sunday, for the high level of responsibility and full cooperation they showed with the security services, which made great efforts to secure the demonstrations guaranteed by the constitution.”

She added, "Al-Zaydi confirmed that the demands of the demonstrators have reached him, and they will be considered and efforts will be made to achieve them, stressing that he will do his utmost to serve the sons of our noble people, indicating that the doors of the government will remain open to constructive dialogue that serves the national interest."

On Sunday, demonstrations took place in Baghdad and the provinces, commemorating the "October demonstrations" of 2019. The demonstrators raised numerous slogans demanding a solution to the economic problems and distancing Iraq from the politics of axes.



Industrial investment opportunities: Baghdad offers incentives to Qatari investors

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The Minister of Industry and Minerals discussed with the President of the Qatar Chamber of Commerce and Industry the prospects for trade, industrial and investment cooperation, stressing that industrial investment opportunities in Iraq allow for the establishment of new partnerships and projects between the two countries.

The ministry said in a statement that “the Iraqi delegation, headed by the Minister of Industry and Minerals, Mohammed Nouri, met with the Chairman of the Qatar Chamber of Commerce and Industry, Sheikh Khalifa bin Jassim bin Mohammed Al Thani, on the sidelines of the ninth session of the World Investment Forum 2026.”

He added that “during the meeting, prospects for industrial, commercial and investment cooperation between the two brotherly countries were discussed, as well as the opportunities available for establishing industrial and investment partnerships.”

The minister affirmed, according to the statement, that “Iraq possesses promising investment opportunities in various industrial sectors , and the possibility of transforming these opportunities into investment projects,” noting “the readiness of the Iraqi government to provide the necessary facilities for investors and to create a suitable investment environment.”




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OCTOBER 24 20206 News

Does increased cash dollar shipments mean a decrease in the parallel exchange rate? An expert answers - Urgent

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Economic expert Ziad Al-Hashemi warned on Saturday (October 24, 2026) of the repercussions of statements regarding increasing cash dollar shipments to Iraq, stressing that these shipments do not necessarily mean injecting dollars into the local market or automatically reducing the parallel exchange rate.

Al-Hashemi said in a statement followed by “Baghdad Today” that the Prime Minister’s statement regarding the government’s success in increasing cash dollar shipments through the US Federal Reserve to $500 million per month, and working to raise them to $1 billion, may send inaccurate messages about the nature of the dollar’s movement in the Iraqi economy and the mechanisms for providing it.

He explained that the Central Bank of Iraq does not offer cash dollars for free sale in the local market with the aim of increasing the supply at exchange companies, but rather provides them through specific banking channels and for purposes including travel, treatment, study and some remittances, while the dollar allocated for foreign transfers is used to finance trade and imports.

He added that reducing the share of cash dollars allocated to travelers and setting time periods for receiving them may limit the impact of increased shipments, noting that the Central Bank had previously confirmed that cash dollars were not allocated to finance purchases within Iraq, and that their use was limited to permitted purposes.

Al-Hashemi explained that increasing cash dollar shipments may contribute to reducing travelers' demand for dollars from the parallel market when it is made available through official channels, but it does not automatically lead to an increase in supply in the local market or a decrease in the parallel exchange rate.

He stressed that achieving a real and sustainable decrease in the parallel exchange rate requires addressing the reasons for the demand for dollars outside the official banking system, facilitating importers' access to approved financing channels, as well as reducing speculation and informal cross-border trade.



The General Syndicate of Money Changers reveals a proposal to finance small traders and support the stability of the exchange rate.

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The General Syndicate of Exchange and Brokerage revealed on Saturday a proposal to launch a platform dedicated to financing small traders to support exchange rate stability. This announcement came on the sidelines of a meeting that discussed supporting the Central Bank of Iraq's efforts to stabilize the exchange rate and developing the operations of exchange companies.
The head of the General Syndicate of Exchange and Brokerage, Diaa al-Tai, stated that "the meeting discussed ways to develop the work of exchange companies and add new activities that contribute to increased liquidity, as well as supporting the Central Bank of Iraq's efforts to achieve exchange rate stability, with the participation of economic and financial experts and representatives from exchange companies."
 
He added that "one of the reasons leading to the high and unstable exchange rate is the transactions of small traders through the parallel market," noting that "the volume of these transactions is estimated at about $36 billion annually."
Al-Tai explained that "exchange companies have proposed launching a financing process through a dedicated platform, within the framework of supporting the Central Bank of Iraq's efforts to stabilize the exchange rate," indicating that "the proposal is awaiting approval from the Central Bank and the government to proceed with its implementation."
He indicated that "approving the proposal would, according to the union's estimates, contribute to lowering the dollar exchange rate to below 1,600 dinars," emphasizing that "exchange companies are part of the solution, not part of the problem."
He added that "the union intends to submit a copy of the final draft of the proposal to the Prime Minister's office and the Central Bank of Iraq for their consideration and appropriate action."




The Iraqi delegation arrives in Doha to participate in the World Investment Forum 2026

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The Iraqi delegation arrived in Doha on Saturday to participate in the World Investment Forum 2026.
The media office of the Minister of Industry and Minerals stated in a statement: “The Iraqi delegation, headed by the Minister of Industry and Minerals, Mohammed Nouri, arrived in the Qatari capital, Doha, to participate in the ninth session of the World Investment Forum 2026, which is being held in cooperation between the State of Qatar and the United Nations Conference on Trade and Development (UNCTAD), under the theme “Investing in the Future.”


Central Bank: The Prime Minister's actions contributed to convincing the US Federal Reserve to ensure the smooth flow of dollar cash.

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Mahmoud Dagher, advisor to the governor of the Central Bank of Iraq and spokesman for the bank, confirmed on Saturday that increasing shipments of cash dollars to Iraq will contribute to market stability and strengthen the value of the Iraqi dinar. He indicated that each shipment amounts to about half a billion dollars, with expectations of new shipments that may reach a value of one billion dollars.

Dagher said, "Iraq finances its imports mainly through bank transfers and credits that are transferred directly to exporters away from the cash market, while the percentage of cash transactions does not exceed 10%, and is allocated to meet the needs of travelers, scholarship recipients, students and some other purposes."

He added that “the Prime Minister’s reference to increasing cash dollar shipments came from experience and knowledge of the nature of the Iraqi market, which is characterized by its high sensitivity to the supply of cash dollars,” indicating that “increasing the quantities of cash dollars in the market pushes towards strengthening the value of the Iraqi currency and bringing it closer to its real value at a level of 152,000 dinars per 100 dollars.”

He explained that "this sensitivity is related to the nature of trade dealings with some countries, as well as the importance of providing cash dollars to reassure market participants and holders of foreign currency," expressing his hope that "the arrival of the new shipments will contribute to achieving stability in the market."

He pointed out that "increasing the supply of cash dollars through the various means adopted by the Central Bank enhances the state of reassurance in the market, as prices are not determined solely on the basis of actual supply, but are mainly affected by future expectations."

He added that "the expectation of companies and individuals to continue the flow of cash dollars in larger quantities leads to a decrease in informal demand for dollars outside of banks licensed by the Central Bank, which is reflected positively on the stability of the exchange rate."

Regarding the size of the cash shipments, Dagher explained that "the value of a single shipment arriving by air to Iraq is close to half a billion dollars, and two shipments have arrived, while previous cash dollar transfers faced difficulties due to the security instability and military operations that the region witnessed."

He pointed out that "the actions of the Prime Minister and the Central Bank of Iraq contributed to convincing the US Federal Reserve of the importance of ensuring the smooth flow of cash dollar shipments to Iraq, which contributes to reassuring the local market."

He confirmed that "there is a shipment close to being expected to arrive in Iraq, in addition to the possibility of other shipments with a total value that may reach one billion dollars, equivalent to the cargo of two planes, to meet market demand," noting that "the continuation of this process is also linked to calming the security and military situation in the region."

Regarding agreements for the supply of cash dollars, Dagher explained that “the Central Bank of Iraq agrees at the beginning of each year with the US Federal Reserve on the size of its annual needs for cash dollars, which may amount, for example, to 10 to 12 billion dollars, to arrive via one or two shipments at intervals, with the provision of the necessary security conditions for their transport.”

He added that "the Central Bank is simultaneously seeking to expand the use of bank cards in financial transactions, as Iraqis have begun to rely on them more for shopping, paying fees and meeting their various needs in dollars. However, the level of awareness regarding the use of cards is still below the required level, which leads some citizens to prefer cash transactions."

Dagher noted in his speech that “increasing cash dollar shipments at the current stage is an appropriate step to enhance market stability, and that the continued flow of these shipments will contribute to reassuring traders and positively influencing their expectations, which constitute a key factor in determining the exchange rate.”


Economist: There is no agreement that grants Washington the right to manage the Iraqi economy.

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Economic expert Ahmed Abdul Rabbo confirmed on Saturday the existence of significant American influence in the Iraqi economy, noting that there is no agreement that grants Washington the right to manage the Iraqi economy.

Abdul Rabbo told Al-Maalomah News Agency, “Iraq is sovereign, and it has its constitutional institutions, its government, and its central bank. There is no agreement that gives the United States the right to manage the Iraqi economy or make economic decisions on behalf of the Iraqi government.”

He added that "it is important to distinguish between legal sovereignty and practical economic influence, as the United States possesses important tools of influence in the Iraqi financial system, and measures must be taken to reduce them and prioritize the national interest."

The financial and economic situation in Iraq is facing escalating pressures and a dangerous turning point, marked by unprecedented increases in the size of the domestic public debt and the continued reliance on palliative policies and patchwork solutions that merely postpone crises and deplete the resources of citizens. This coincides with sharp criticism of the agreements and memoranda of understanding signed by Ali al-Zaidi's government with Washington, which have been described as lacking economic viability and perpetuating US hegemony and dependence at the expense of sovereign wealth.

 

Economist: Soaring operating expenses pose financial challenges to the 2027 budget

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Economist: Soaring operating expenses pose financial challenges to the 2027 budget

 


Economic expert Jalil al-Lami confirmed on Saturday that Iraqi fiscal policy is facing increasing challenges due to the expansion of public sector appointments and the creation of new government institutions. This coincides with the government's calls for citizens to rationalize consumption and increase savings, raising questions about the compatibility of these approaches with the requirements of fiscal reform and controlling public spending.


Al-Lami told Al-Maalouma that "the financial data published up to the end of July 2026 showed that government spending reached approximately 68.3 trillion dinars, compared to revenues of 39.1 trillion dinars, resulting in a budget deficit of 29.2 trillion dinars. He pointed out that operating expenses amounted to approximately 65.4 trillion dinars, compared to 2.8 trillion dinars for investment expenditures, meaning that current spending accounted for approximately 95.8 percent of total actual spending during that period."


He added that "the expansion of government employment imposes ongoing financial obligations on the budget," explaining that hiring 100,000 employees with an average monthly salary of 750,000 dinars costs the state approximately 900 billion dinars annually. This cost rises to about 1.8 trillion dinars when hiring 200,000 employees, according to hypothetical calculations that do not include allowances and pension costs.


Al-Lami pointed out that "the International Monetary Fund, in its 2025 Article IV consultation report, warned of a rising wage and pension bill and a widening fiscal deficit, projecting the deficit to reach 9.2 percent of GDP in 2026, and emphasizing the importance of controlling government employment, rationalizing expenditures, and protecting investment spending."
He pointed out that "the IMF's 2025 projections for 2027 assume that government spending could reach 43.4 percent of GDP, distributed between 38.4 percent for current expenditures and 4.9 percent for capital expenditures," noting that "these figures represent previous estimates and are not final allocations announced in the budget."


Al-Lami added that "applying these percentages hypothetically to a GDP of 300 trillion dinars would mean government spending of approximately 130 trillion dinars, of which about 115 trillion dinars would be for current expenditures and about 15 trillion dinars for capital expenditures," emphasizing that "these figures are estimates and not announced government allocations."


He explained that "the problem does not lie in the necessary appointments for the health, education, and services sectors, but rather in the unplanned expansion of fixed expenditures at the expense of investment and production," calling for the adoption of a program and performance budget, a review of administrative expenses and privileges, and subjecting the creation of new institutions and job positions to the criteria of actual need and economic feasibility.


Al-Lami pointed out that "rationalizing spending should begin with state institutions before asking citizens to save," warning that "the continued inflation of operational expenses coupled with limited non-oil revenues increases the budget's vulnerability to oil price fluctuations and limits the government's ability to finance projects and achieve economic development."
It is worth noting that the government announced the creation of more than 120,000 new jobs in the 2027 budget, despite the economic pressures and problems related to expanding expenditures.



Government advisor: Iraq needs to transition from a rentier economy to productive capitalism

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Economic advisor Mazhar Muhammad Saleh affirmed on Saturday that the government's move towards drawing up a new capitalist economic identity for Iraq represents a positive and important step, pointing to the country's need to move from a rentier economy to a productive economy based on diversifying sources of income and encouraging investment.

Saleh said, “Regarding Prime Minister Ali Faleh al-Zaidi’s statement about the government working on drawing up a new capitalist economic identity for Iraq, this step is positive and important, especially since Iraq needs to move from a rentier economy to a productive capitalism based on diversifying the economy, encouraging investment, and enabling the private sector to create job opportunities and increase production and exports, which will enhance the national economy’s ability to achieve sustainable development.”

He added that "the social market economy represents a framework for achieving a balance between market freedom and the role of the state in regulating competition, providing basic services, and ensuring social justice," explaining that "what is required is not the withdrawal of the state from economic activity or its continued management of most economic activities, but rather the building of an efficient institutional state, a productive private sector, and a social system that protects the rights of citizens."

Saleh pointed out that "the real challenge facing Iraq is to transform oil wealth from a source of spending and rent into a lever for sustainable development," stressing that "the success of the economy should be measured by its ability to increase production, provide job opportunities and improve the standard of living of citizens, and not by the size of oil revenues alone."



Two have arrived and the other is on its way

Dagher explains Al-Zaydi's philosophy in curbing the "parallel market"... Cash planes will dispel people's fears

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Dagher explains Al-Zaydi's philosophy in curbing the "parallel market"... Cash planes will dispel people's fears

 

The Central Bank of Iraq entered the debate on Saturday (October 24, 2026) regarding the feasibility of injecting cash dollar shipments to calm the markets, supporting the vision put forward by Prime Minister Ali Faleh al-Zubaidi, and explaining that the introduction of “cash planes” comes to break the state of fear and speculation in the parallel market to reach the exchange rate level of 152 thousand dinars per 100 dollars.

In response to criticism from economist Ziad al-Hashemi —who argued that the government’s talk of injecting cash liquidity confuses the market and contradicts monetary policies—the advisor to the governor of the Central Bank, Mahmoud Dagher, affirmed that the Prime Minister’s plan is based on a precise understanding of the “sensitivity of the Iraqi street” and its psychological impact on the money supply.

Mahmoud explained, in an interview with the official channel followed by the 964 network , that the demand for cash dollars constitutes only 10% of the actual imports, which are mainly based on bank transfers. However, the arrival of air cash shipments—two of which carried half a billion dollars each, and a third is preparing to land soon—will be enough to calm the future expectations of companies and individuals, and curb greed in the parallel market.

Mahmoud said, “Iraq finances its imports mainly through bank transfers and credits that are transferred directly to exporters away from the cash market, while the percentage of cash transactions does not exceed 10%, and is allocated to meet the needs of travelers, scholarship recipients, students and some other purposes.”

He added that “the Prime Minister’s reference to increasing cash dollar shipments came from experience and knowledge of the nature of the Iraqi market, which is characterized by its high sensitivity to the supply of cash dollars,” indicating that “increasing the quantities of cash dollars in the market pushes towards strengthening the value of the Iraqi currency and bringing it closer to its real value at a level of 152,000 dinars per 100 dollars.”

He explained that “this sensitivity is related to the nature of trade dealings with some countries, as well as the importance of providing cash dollars to reassure market participants and holders of foreign currency,” expressing his hope that “the arrival of the new shipments will contribute to achieving stability in the market.”

Mahmoud pointed out that “increasing the supply of cash dollars through the various means adopted by the Central Bank enhances the state of reassurance in the market, as prices are not determined based solely on actual supply, but are mainly affected by future expectations.”

He added that “the expectation of companies and individuals to continue the flow of cash dollars in larger quantities leads to a decrease in informal demand for dollars outside of banks licensed by the Central Bank, which is reflected positively on the stability of the exchange rate.”

Regarding the size of the cash shipments, Mahmoud explained that “the value of a single shipment arriving by air to Iraq is close to half a billion dollars, and two shipments have arrived, while previous cash dollar transfers faced difficulties due to the security instability and military operations that the region witnessed.”

He pointed out that “the actions of the Prime Minister and the Central Bank of Iraq contributed to convincing the US Federal Reserve of the importance of ensuring the smooth flow of cash dollar shipments to Iraq, which contributes to reassuring the local market.”

He confirmed that “there is a shipment close to being expected to arrive in Iraq, in addition to the possibility of other shipments with a total value that may reach one billion dollars, equivalent to the cargo of two planes, to meet market demand,” noting that “the continuation of this process is also linked to calming the security and military situation in the region.”

Regarding agreements for the supply of cash dollars, Mahmoud explained that “the Central Bank of Iraq agrees at the beginning of each year with the US Federal Reserve on the size of its annual needs for cash dollars, which may amount, for example, to 10 to 12 billion dollars, to arrive via one or two shipments at intervals, with the provision of the necessary security conditions for their transport.”

He added that “the Central Bank is simultaneously seeking to expand the use of bank cards in financial transactions, as Iraqis have begun to rely on them more for shopping, paying fees and meeting their various needs in dollars, but the level of awareness of using cards is still below the required level, which pushes some citizens to prefer cash transactions.”

Mahmoud noted in his speech that “increasing cash dollar shipments at the current stage is an appropriate step to enhance market stability, and that the continued flow of these shipments will contribute to reassuring traders and positively influencing their expectations, which constitute a key factor in determining the exchange rate.”







After 7 years, Tishreen demonstrators return to Tahrir Square in Baghdad

Here in this place where the Tishreen protests started seven years ago, but this time its anniversary is being marked
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by its supporters, with the same demands that ranged from a total rejection of foreign
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interference in Iraq’s affairs to improving the living conditions of citizens and other demands.
0:29
Our first demand is to get Iran out. Iran — this is something we will not negotiate. Kill me, starve me, cut off my livelihood — get Iran out. I don’t want it. Brother, I
0:38
don’t want it. I’m exhausted. This country is harming me, destroying me. America is imposed on me — why only on me? On the whole world, because it’s the strongest country
0:46
in the world. You, Iran, what are you? You’ve destroyed me, you’ve destroyed me for a thousand years.
0:55
Okay, what have I gained from this country? I was born in 1997. I’m telling you — neither the schools

1:00
taught me anything useful, nor is there any education that does any good. I swear to God, it’s all gangs, all gangs, uncle.
1:08
It’s all gangs. From Tishreen until this day, from Tishreen until this day, they’ve all been appointed over our heads.
1:16
As for this man who also decided to come down with the demonstrators on the anniversary of their protests, his biggest concern is finding his son who was
1:26
also protesting here seven years ago before he disappeared without a trace, as he says.
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My son was kidnapped from Tahrir on 21/12/2019, and until now we don’t know his fate, despite me following up with all the security agencies, and until now I still don’t know his fate.
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I beg you, respected Prime Minister, you are a young man and you have children, and you know what a father is. These disappeared people are oppressed. Wherever we
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go, they say they have no fate. Until now we don’t know their fate. It’s the seventh anniversary of the Tishreen protests, and the
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Tishreenis are still here. Those who came out to commemorate it say that the demands they went out with in
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2019 have still not been achieved until now, but hope among some of them is still present, as they describe it.
2:18
From Baghdad, Saif Ali, Kurdistan 24.



Traducción al español:0:05
Bien, bienvenidos, bienvenidos a mis amigos del FX, el podcast. Y digo podcast porque hay múltiples medios en
0:14
los que pueden disfrutar este contenido. Y hoy tenemos uno bueno. Eh, Irak tuvo un
0:21
buen fin de semana en su mayor parte. Así que sí, pero tengo que mostrarles. Bien.
0:31
¿Lo vieron? Veamos. Veamos.
0:37
El último blog. Si no lo vieron, no se preocupen. Habrá un enlace justo al
0:45
final de este video. Si hago todo bien, aparecerá un cuadrito y podrán ver el último video
0:52
que va con este blog. Pero ¿qué tengo aquí? Irak quiere 2.5 mil millones de dólares.
1:01
¿Puede cerrar la brecha del tipo de cambio? Y normalmente no salto de un lado a otro
1:09
así. Salto, pero en realidad es brincar de un lado a otro. Bien. Entonces estoy cubriendo dos
1:16
días porque recuerden que les dije que probablemente no iba a publicar el sábado.
1:25
Eh, hoy es uno de esos días. Qué día horrible de fútbol para mí.
1:33
Y luego este blog me quiso dar tantos problemas, pero
1:40
lo superamos. Bien, déjenme llegar ahí y mostrarles uno de los títulos de los artículos.
1:52
¿El aumento de los envíos de dólares en efectivo significa una disminución en el tipo de cambio
1:58
paralelo? Y tenían más. Tenían uno que era casi exactamente igual al título
2:06
que usé para el blog. Y esto salió después de que hice mi blog y me pareció muy gracioso.
2:15
Bien. Entonces, ya que estamos aquí, hablemos de esto.
2:20
Esto, eh, como dije, salió después de que hice el blog y el video porque
2:28
los ciudadanos allá, no quiero decir que les cueste entender. Probablemente
2:36
simplemente no creen o están cuestionando, saben. No, no entendemos. Parece que están poniendo más
2:43
enfoque en fortalecer el dólar que en nuestra moneda.
2:49
Y no tiene sentido. ¿Por qué lo hacen? Y entonces de nuevo intentan explicar por qué lo hacen. Y
2:58
esta vez usan a Ziad Hashimi, que es uno de los expertos económicos. No lo veo
3:06
mucho en televisión, pero escribe muchos artículos. Y entonces
3:14
recuerden que ahora ha habido un, digamos decreto porque no es una ley. No es un
3:23
lo que sea. Es solo un decreto del primer ministro. Oigan medios, necesitan
3:31
edificarnos, no empujar las redes sociales, ¿verdad? Si van a
3:40
escribir sobre algo, necesitan edificarnos y deben pedir permiso. Pero luego siguieron y
3:50
dijeron: “Ninguna persona del gobierno puede salir en televisión sin permiso”. ¿Verdad? Bien. Hay una
3:58
razón por la que les estoy diciendo esto. No sé si lo recuerdan, pero eh, veamos.
4:05
Lo que pretenden hacer es aumentar la oferta de dólares en las casas de cambio.
4:16
Así que hará que
4:28
déjeme ver
4:38
no se trata de los viajeros. No es, saben, porque tienen cosas oficiales. Oh, bien. Saben qué, olvídense
4:45
de eso. Bueno, entonces dicen que si los ciudadanos están
4:52
leyendo sobre esto en las noticias, ¿verdad?, y ven que, eh, el banco central está elogiando a Ali
5:02
Z por sus medidas para intentar cerrar la brecha del mercado paralelo. Hay todas estas cosas positivas que se dicen, ya sea
5:11
verdad o no, ¿verdad? Eso es lo que están haciendo. Están tratando de tener una imagen positiva para contrarrestar lo negativo.
5:19
Hay un informe afuera. Es como una pieza de ataque. Y puede que haya hablado de él. No recuerdo, pero
5:27
si no, lo cubriré mañana, pero eh, creo que sí lo cubrí. Sí. En
5:33
el último, eh, video que hice. Pero entonces eso estaba ahí. Y entonces necesitan
5:40
tener, eh, cosas positivas mostrando lo que ha hecho. Así que facilitando el acceso de los importadores
5:48
a canales de financiamiento aprobados aunque no sean bancos legítimos, ¿verdad? No es dinar.
5:59
Si están dejando que estas oficinas de cambio permanezcan abiertas, están aprobadas, ¿verdad?
6:06
No oficialmente, oficialmente están aprobadas. Así que eso reducirá la especulación, ¿verdad?, y el comercio informal
6:16
transfronterizo. Bien, esto también salió ayer y es el sindicato general de cambistas
6:24
que revela una propuesta para financiar a pequeños comerciantes y apoyar la estabilidad
6:31
del tipo de cambio. Entonces, son los pequeños comerciantes y algunos medianos. Aunque hicieron un buen trabajo al conseguir que algunos de los
6:39
comerciantes medianos se unieran, o se fusionaran con otras empresas más grandes.
6:51
Así que estaban protegidos bajo sus licencias y podían funcionar como un gran comerciante para obtener dólares.
7:01
Eh, odio decir legítimamente, pero no sé otra palabra que usar. Entonces ahora
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estas personas, y hemos oído de ellas antes, recuerden a este tipo, Diaa, ¿cómo se puede olvidar ese nombre, verdad?
7:17
Eh, el jefe del sindicato general de cambio y corretaje declaró que hubo una reunión discutiendo formas de desarrollar
7:24
el trabajo de las casas de cambio y añadir nuevas actividades que contribuyan a aumentar la liquidez, así como
7:32
apoyar los esfuerzos del Banco Central de Irak para lograr la estabilidad del tipo de cambio con la participación de
7:40
expertos económicos y financieros y representantes de las casas de cambio. Porque son estos pequeños comerciantes los que
7:49
están haciendo, oh, un poco de negocio aquí con esto, un poco de negocio allá con aquello, ¿verdad? Tal vez lo que esté de moda,
7:57
lo que sea de temporada, lo que sea tendencia, ¿verdad? No es como un gran
8:05
negocio que tiene inventario regular y clientes regulares, ¿verdad?
8:15
Entonces, porque tienen muchos vendedores ambulantes, mercados al aire libre. Eh, sí. Y entonces
8:25
lo que quieren hacer es poder rastrear, saben, seamos realistas.
8:29
Quieren poder rastrear todo, rastrear el dinero, rastrear los productos, ¿verdad? Pero, eh, no pueden decir
8:36
eso. En cambio, están como: les vamos a dar esta plataforma en la que pueden comerciar. Sí.
8:43
Así que, pero dice aquí mismo que aprobar esta propuesta contribuiría, según las estimaciones del sindicato, a bajar
8:51
el tipo de cambio del dólar por debajo de los 1600 dinares, enfatizando que las casas de cambio son parte de la solución, no
9:01
parte del problema. Añadió que el sindicato tiene la intención de presentar una copia del borrador final de la propuesta a la oficina del primer
9:10
ministro y al Banco Central de Irak para su consideración y las medidas apropiadas porque, eh, de alguna
9:17
manera se sienten un poco nerviosos sobre operar. Recuerden que eran los que estaban preocupados de si nos van a
9:24
arrestar. ¿Van a venir simplemente a cerrarnos? Y les dijeron: no, no, no, pueden continuar. ¿Verdad?
9:35
Pero nada por escrito que les garantizara que estaban bien. ¿Verdad? Así que sí. Bien. Entonces ahora vamos al grano.
9:45
El, eh, pero en general creo que es bueno. Reconocen que hay un problema y como el banco central no va a
9:53
proponer una solución, la gente afectada por el problema está proponiendo lo que parece una
10:02
respuesta viable. Así que pensé que eso era bueno. Espero no estar mareándolos.
10:08
Bien. Entonces, el título de este es fortalecer el dinar iraquí en nuestra primera, el mapa de ruta antes de quitar los ceros. Así que
10:18
en realidad realmente quiero leer el siguiente artículo primero, pero este es Safwan Qas. Ahora
10:26
¿cómo no, una vez que me oyen decir su nombre y ven que se parece al Tío
10:32
Fester para aquellos de ustedes que recuerdan a La Familia Addams, verdad? ¿No era el Tío
10:40
Fester el que tenía el…? Sí. Bien. Entonces, y está cada vez más y más
10:48
en televisión, lo que me lleva a creer que el gobierno, el banco central, todos deben estar de acuerdo
10:56
con él o lo habrían callado igual que callaron a Abdul Rahman al-Mashhadani. Lo callaron
11:05
un tiempo porque no apreciaron lo que estaba haciendo. Bien, este salió hace dos o quizás incluso 3 días
11:14
y pensé: veamos si alguien va a salir a refutar lo que están diciendo. Quitar los ceros del
11:22
dinar iraquí, un movimiento del gobierno reabre el tema. Y yo diría
11:30
que nunca se cerró. Simplemente no hablaban tanto de él. Entonces este es un miembro del comité de finanzas parlamentario.
11:38
Están en el gobierno. Tendrían que haber pedido permiso para decir esto
11:44
según el reciente decreto que salió, eh, del
11:52
primer ministro. Entonces, eh, Tamimi reveló una tendencia del gobierno a quitar
12:00
ceros del dinar iraquí o cambiar la moneda en un movimiento que reabre uno de los temas monetarios más destacados que
12:08
ha permanecido sobre la mesa durante años sin pasar a la etapa de implementación integral.
12:16
Sí, creo que esto salió el 23.
12:20
Así que iba a esperar a ver si salía algo el sábado para refutarlo.
12:25
No, no salió nada. Por eso estamos hablando de ello hoy. Eh, entonces esta fue una declaración difundida por medios locales de que
12:33
hay una tendencia del gobierno, pero ya lo sabemos porque ya nos dijeron que van a quitar los ceros de
12:39
la moneda o cambiarla en el primer o
12:46
el primer trimestre de 2027. Ahora recuerden que en su cultura cuando dicen el primero
12:55
de la semana o el primero del mes, no significa exactamente
13:02
el primero. No es un solo día. Es un lapso de tiempo. Y recuerden, el Día de Año Nuevo es un día festivo en todo el mundo.
13:11
No pasa nada el 1 de enero en ningún lado. Es festivo. Así que no es el primer día de enero.
13:20
Dijeron el primer trimestre de 2027, pero es la primera vez. Está por
13:27
escrito. Oh, están mostrando un montón de dinares.
13:31
Maldición. Oh, bueno. Ojalá. ¿Es en vivo o una repetición? Creo que estas son noticias en vivo.
13:38
Veamos. Veamos.
13:41
No, es una repetición. Maldición. De todos modos. Bien. Entonces estas declaraciones llegan en un momento en que la economía iraquí enfrenta desafíos. Así que pueden leer esto.
13:52
Bien, veamos qué hay de nuevo aquí.
13:56
Quitar los ceros es diferente de cambiar el tipo de cambio. Entonces vean a toda mi gente que me deja comentarios que dicen
14:04
que solo porque cambien la moneda no significa que sea un RV.
14:08
Lo sé. Hay tres cosas que tienen que pasar al mismo tiempo.
14:13
Y cambiar la tasa es separado de las otras dos. Hay tres cosas.
14:21
Quitar los ceros de la moneda.
14:23
Se me olvida la segunda y luego subir la tasa. Todas tienen que pasar. Tienen
14:31
que pasar casi simultáneamente y entonces tenemos un cambio de tasa. Bien. Entonces
14:39
están reiterando que mientras esta última está relacionada con el valor del dinar frente a las monedas extranjeras, lo cual es una diferencia fundamental en
14:47
entender los posibles efectos de cualquier decisión futura. Los expertos en asuntos monetarios creen que el éxito de un
14:55
paso, perdón, de tal paso requiere una amplia legislación, preparaciones técnicas y
15:02
bancarias que están haciendo, ¿verdad? Ya lo están haciendo. Las leyes están ahí en, eh, la Cámara de
15:12
Representantes esperando ser aprobadas, incluyendo la actualización de los sistemas de pago, lo están haciendo ahora. Cajeros automáticos y
15:20
software contable, lo están haciendo ahora. Además de organizar el proceso de reemplazo de billetes, lo están haciendo ahora.
15:31
¿Verdad? Recuerden que me emocioné con esa cosa que anunciaron, la app
15:38
y el nuevo sistema en línea donde se podían reemplazar billetes dañados, ¿verdad?
15:49
Y dije, creo que esto es un precursor de que de alguna manera van a hacer de esto una forma para que la gente entregue simplemente
15:58
billetes normales no dañados de 30 para obtener el dinero nuevo, ¿verdad? Ah, entonces vean por eso
16:06
tengo esto en rojo. Así que, además de organizar el proceso de reemplazo de billetes, chequen
16:14
aumentar la conciencia de los ciudadanos sobre los mecanismos de transferencia, lo están haciendo. Y podrían estar haciéndolo mejor de lo que
16:24
sabemos porque no ponen todo eso en artículos que yo alcanzo a ver. Así que estoy
16:30
cada vez más viendo Telegram, especialmente este fin de semana con
16:36
todo esto saliendo. Estuve realmente en Telegram. Maldición. Miren eso.
16:43
Estamos en 16 minutos. Bien, entonces hay más. Saben, el banco central, dos caminos legales entre emitir billetes,
16:52
redefinir el valor nominal, todo eso indica que el debate sobre el futuro de la moneda
17:00
iraquí sigue abierto. Eso lo sabemos. Así que todavía están hablando de ello. Todavía están hablando de ello en televisión. Lo único
17:08
que no sabemos es que no se ha emitido ninguna decisión oficial final que especifique el mecanismo de implementación
17:17
o la fecha para comenzar el reemplazo de la moneda.
17:22
Bien. Y luego ¿qué es esto? Bien, podemos saltarnos eso porque ahora vamos a subir a esto que salió hoy.
17:34
Reforma monetaria antes de quitar los ceros.
17:37
Un economista le dice a las noticias que el mapa de ruta es fortalecer el valor del dinar iraquí. Entonces este no fue
17:46
el único artículo que salió discutiendo el fortalecimiento del dinar iraquí, pero es
17:52
el mejor, el más fácil de leer. Saf que debería serles familiar si me
17:59
escuchan. No quiero decir, saben, si ven mis videos. Oh, caray. Déjenme apagar eso.
18:07
Si ven mis videos, saben que hablo de él bastante porque sale bastante en televisión. Oh, y generalmente es sobre dinero.
18:17
Bien.
18:19
Entonces, mientras resurgen las discusiones sobre el futuro de la moneda iraquí y la posibilidad de quitar ceros o
18:28
reemplazar el dinar, la importancia de priorizar la política económica y monetaria como
18:35
base para cualquier medida de reforma futura es primordial. Bien.
18:43
La política monetaria es responsable de determinar el valor del dinar, mientras que se espera que el gobierno del primer ministro Ali Z
18:52
implemente un programa de reforma financiera y económica que
18:59
contribuya a diversificar las fuentes de ingresos y fortalecer la economía nacional. No creo que de los otros se
19:07
esperara que lo hicieran. Era una meta, era algo que iban a hacer, pero ver
19:14
por escrito que se esperaba que lo hicieran, no creo haberlo visto. Bien.
19:22
Entonces, abordar el tema de la moneda no se limita a cambiar su forma o valor nominal, sino que también requiere tomar medidas
19:30
para frenar la falsificación y ayudar a recuperar las tenencias de efectivo fuera del sistema bancario o en el extranjero. ¿Somos nosotros? ¿Eso nos incluye
19:40
a nosotros? Porque yo con gusto entregaré lo que estoy guardando. Bien, solo cambien la tasa y lo entregaré.
19:52
Explicó que cambiar la tasa, quitar los ceros o reemplazar la moneda debería venir en una etapa posterior después de
19:59
completar las bases necesarias para la reforma.
20:04
Eh, este enfoque coloca la reforma económica integral a la vanguardia y
20:11
luego, una vez que hagan eso, habrá confianza en el dinero, los inversionistas
20:18
vendrán, todo será genial, ¿verdad? Bien. Entonces eso fue este fin de semana y como
20:27
dije, había más pero, saben, tengo que limitar lo que cubro aquí o estaría aquí por
20:36
una hora. Bien. 1 mil millones de dólares en efectivo está en camino a Irak. El gobierno se mueve
20:42
para fortalecer el dinar y reducir la demanda de divisas fuertes. Pero ahora este
20:49
uno, bueno, Safwan Qas, él estaba hablando de
20:56
eh, bajar también la tasa del mercado paralelo. Pero la redacción hacía que pareciera
21:04
que podría ser incluso más que solo eso. Este artículo se enfoca principalmente en
21:12
eh, aumentar y estabilizar. Bien, tenemos información nueva.
21:20
Entonces, no puedo encontrar esto por escrito, pero ¿quién es este? Este es Mahmoud Dagher. Solía trabajar para el CBI. Es otro
21:29
al que dejan salir repetidamente, regularmente, y hablar. De hecho,
21:38
él es el que dijo, él fue el que elogió, dijo que el banco central
21:45
elogia los movimientos de Ali Z para controlar, eh, el tipo de cambio. Miren lo que está diciendo
21:54
aquí. Entonces lo están entrevistando en un programa. No sé. Puede decir. Entonces esto sale de Telegram.
22:02
Este, este programa de aquí. Este es probablemente el programa de aquí.
22:09
Banco central. Si se reemplaza la moneda, a los ciudadanos se les puede dar la mitad de su dinero en la nueva moneda y el resto en moneda digital.
22:22
¿Qué? Entonces vean, ahora están teniendo conversaciones profundas. ¿Qué es esto? Eh, Irak central.
22:34
Solo dicen su nombre y mientras más lo agrando, más borroso se pone.
22:44
Pero sí, solía trabajar para el CBI. No era gobernador del CBI, pero
22:52
creo que estaba como en la junta directiva o algo así. Bien. Entonces déjenme hacer mi cosa. Tengo que dar mi pequeño comercial.
23:08
Bien. Y porque también me gusta dar las gracias. Así que hago mi comercial y gracias por darle al me gusta, ¿verdad? Eh, suscribirse.
23:22
Entonces el me gusta es clic, clic, ¿verdad? Consideren suscribirse. Y ahora sí tengo 5,000 suscriptores. Gracias.
23:32
Gracias. Entonces eso es clic, ding, porque tienen que tocar la campana o no serán notificados
23:40
cuando publique un nuevo video. Y a veces igual no lo serán, ¿verdad? Eh, consideren darle al botón de compartir.
23:47
Pero este video, tal vez quieran compartirlo.
23:50
Bien. Bien. Eh, ustedes están impulsando el video y lo aprecio. Y mis grandes amigos, gracias. Gracias.
24:04
Y, eh, sí. Entonces buymeacoffee.com.
24:08
Cuando desaparezca este banner de vista previa, es un blog en vivo y esto estará en vivo. Cash App siempre está
24:17
en vivo. Dólar signo tishwash, y PayPal también siempre está en vivo. Gracias. Grande o pequeño, lo aprecio todo. Les agradezco de antemano su generosidad.
24:28
Bien, entonces ahora volvamos aquí arriba y solo, eh, cubramos. Oh, la protesta que
24:36
veremos, la manifestación salió bien. Al menos hasta donde puedo ver. Solo dejaron entrar
24:43
a ciertos medios, ¿verdad? Pero estaban, oh, no quiero decir
24:51
bien portados, eh, fue un poco alborotada pero mayormente pacífica y no como nuestra, no como nuestra
25:00
mayormente pacífica donde las cosas se estaban quemando de fondo y decían “oh es mayormente pacífica”. No, y
25:08
había mucha gente. Así que tal vez mañana salgan más detalles, pero tienen que ver esto. Entonces este es un video
25:18
que tengo al final. Se sigue yendo al final. No sé por qué sigue haciendo eso, pero miren esto. Miren esto.
25:30
Entonces este es un tipo. Miren lo que dice su camiseta. Brooklyn, Nueva York.
25:38
¿Por qué está este hombre en una roca en una manifestación?
25:46
Y su camiseta dice Brooklyn, Nueva York.
25:50
Y parece que es una camiseta que usa mucho. Solo voy a decir eso.
25:55
Pero entonces tengo este video al final de este blog. Así que si quieren verlo, sí, ahora tanta gente lo ha visto
26:04
que ahora está autodoblajeado al inglés, pero todavía está un poco raro, saben, así que tengo el guion ahí. De
26:12
hecho, sí. Quiero mostrarles el guion porque no somos los únicos que queremos que se vaya el vecino.
26:22
Parte de las demandas.
26:28
No creo que este sea el tipo de la camiseta de Brooklyn, Nueva York, pero
26:37
nuestra primera demanda es sacar al vecino. Esto es algo en lo que no vamos a negociar.
26:44
Eh, saben, están dispuestos a dar su vida por las cosas, ¿verdad? Mátenme de hambre. Córtame
26:51
el sustento. Fuera. No lo quiero, hermano. No lo quiero. Estoy
26:58
agotado. Este país me está dañando, destruyéndome. Estados Unidos me es impuesto.
27:06
¿Por qué solo a mí? ¿Al mundo entero?
27:09
Porque es el país más fuerte del mundo. Tú, vecino, ¿qué eres?
27:17
Me has destruido. Me has destruido durante mil años. Woo.
27:24
Así que sí, no somos los únicos que queremos que se vayan. Así que tengo este video al final del blog o simplemente pueden
27:31
venir a leer, pero algunas personas necesitan leer y oír como yo. Así que está ahí
27:37
si quieren leer eso. Entonces, eso es un aplauso para Ali Z.
27:44
Y podría hablar más de eso, pero no tenemos tiempo. Eh, veamos. Ooh,
27:52
Banco Rafidain, no, Banco Rasheed salió y dijo que están permitiendo a la gente recargar
27:58
sus tarjetas prepago a través de puntos de pago hasta un máximo de 2 millones de dinares por día.
28:07
Así que creo que esto es un cambio. Y creo que es solo dentro del país. No creo que sea fuera, pero esto es
28:15
un nuevo desarrollo. Y luego Banco Rafidain habla de todas las cuentas y cosas que tienen. Si quieren leer eso, está ahí.
28:26
Eh, aquí hay más. Eh, la declaración de Ali Z respecto al dólar está confundiendo al mercado y no se alinea con las
28:33
políticas del banco central. Este es Ziad Hashimi.
28:39
Es un experto económico y está hablando de eso. Creo que ya cubrí esto. Así que, porque estoy tratando de
28:46
la gente me pregunta que no tiene sentido. No tiene sentido y estoy tratando de explicarlo lo mejor que puedo y no está ayudando. Así que tal vez si leen
28:55
ese artículo les ayude. Pero solo sepan, saben, sé que no entienden cómo
29:04
pueden hacer el presupuesto, que el presupuesto no está terminado. Los kurdos todavía no están contentos con su parte. Así que
29:12
hubo otra reunión este fin de semana, pero no creo que esté resuelto.
29:18
Los presupuestos, los últimos presupuestos que se han aprobado se han aprobado en billones de dinares y se han
29:25
hecho a la tasa oficial que está en el CBI.
29:29
Bien. Entonces aquí hay otro artículo sobre el envío de mil millones de dólares en efectivo que viene.
29:38
Se supone que llegue en algún momento de esta semana. No están. Y no deberían publicar la fecha exacta en mi opinión.
29:46
Solo mi pequeña opinión. ¿Verdad? Bien.
29:52
Aquí está, eh, más gente hablando de que no deberían haber tomado el préstamo del FMI.
29:59
Viene con condiciones. Y aquí está su nombre. Kristalina Georgieva.
30:08
Sí. Así que si quieren leer eso.
30:11
Bien. Entonces esto es de hoy. Bien. ¿Qué más? ¿Por qué estaba diciendo que tuvieron un buen fin de semana?
30:22
Entonces, oh, recibió las demandas de los manifestantes y dijo que las puertas del gobierno están abiertas para el diálogo. Así que puede que tenga
30:31
una sesión como la que tuvo Sudani. Entonces Sudani tuvo una sesión para algunos, por supuesto no para todos, saben, seleccionaron a quiénes estaban
30:40
pero había gente del público, saben, ciudadanos comunes estaban ahí
30:47
para que pudieran discutir las demandas. El, eh, Qatar. Qatar, hay mucho pasando con
30:55
ellos. Irak tuvo a su delegación para hablar de inversión pero no solo eso,
31:04
supuestamente están en conversaciones con el vecino, ¿verdad? Empieza con I y termina con N para negociar
31:12
algunas cosas. Bien. Eh, esta semana, de hecho, puede ser hoy, mañana, eh, hay algo llamado el Foro Mundial de
31:21
Inversión de 2026. La delegación iraquí está ahí. Está en Doha y están ahí.
31:29
Miren esas flores.
31:33
Bien, veamos si dice invirtiendo en el futuro. Y miren, oh sí, Doha está en Qatar.
31:47
Entonces aquí las acciones del primer ministro contribuyeron a convencer a la Reserva Federal de EE.UU. de asegurar el flujo fluido de
31:56
dólares en efectivo. Creo que sí, este es Mahmoud Dagher otra vez. Entonces ven que está por todos lados. Lo dejan hablar.
32:05
Eh, aquí alguien se queja. Un economista: no hay ningún acuerdo que le otorgue a Washington el derecho de administrar
32:12
la economía iraquí. Sí, señor, eh, Abdul Rabo, sí lo hay. Simplemente no lo ha visto.
32:23
No son soberanos. Sé que piensan que lo son.
32:27
Nosotros también pensamos que somos soberanos, pero no lo somos. Así que pueden leer eso si quieren.
32:34
Y luego aquí, aquí hay un artículo sobre el presupuesto de 2027. Enfrenta desafíos.
32:42
Ya casi terminamos.
32:46
Y entonces aquí está, eh, Muhammad Sal. Salió.
32:55
Oh. Oh, tal vez uno de sus artículos se cortó.
33:03
Por alguna razón corté uno de sus artículos. De todos modos, entonces bueno, este tenía más detalles. Eh,
33:12
Irak necesita transitar de una economía rentista a un capitalismo productivo.
33:19
Entonces vean cómo dice capitalismo productivo. Así que no van a ser totalmente capitalistas como nosotros, pero necesitan
33:29
pasar de rentista, que significa ¿qué? Básicamente una
33:35
economía que gana su dinero de un solo producto, el petróleo, a un capitalismo productivo.
33:47
Así que ¿eso significa qué? Sector privado, propietarios privados. Eso significa competencia,
33:54
¿verdad? Variedad, ¿verdad? Exportaciones.
34:00
Así que sí, eh, entonces fue bueno, fue un buen aquí.
34:07
Entonces señaló que el verdadero desafío que enfrenta Irak es transformar la riqueza petrolera de una
34:13
fuente de gasto y renta en una palanca para el desarrollo sostenible. Enfatizando
34:21
que el éxito de la economía debe medirse por su capacidad de aumentar la producción, proporcionar oportunidades de empleo
34:29
y mejorar el nivel de vida de los ciudadanos y no solo por el tamaño de los ingresos petroleros. Bien, falta una cosa. ¿Pasamos a la chica?
34:43
¿Cómo se llamaba? Déjenme ver. Comercio.
34:46
Hagamos comercio internacional. Y si es su primera vez aquí, normalmente no salto de un lado a otro así, pero
34:55
comercio internacional. Bien, aquí, eh, esta fue una reunión entre Fouad
35:02
Hussein y la Sra. Sra. es Pamela Cook-Hamilton
35:10
y, eh, hablaron de experticias técnicas y de asesoría para apoyar el
35:17
ascenso de Irak a la Organización Mundial del Comercio. Pero solo quería mostrarles, miren cómo luce sus zapatos plateados y lo que sea esto.
35:30
Sé que alguien está como: ahí va de nuevo con sus tonterías. Oigan, tenemos que, eh, eh, reconocer y luego ahí están.
35:43
Ha sido un placer conocerte y hablemos de nuevo. Bien.
35:48
Sí. Entonces no sé qué es eso, pero, eh, es bonito y, saben, lo amplié y miré todo y tiene un
35:55
patrón y todo. No sé si me lo pondría, pero, eh, sí. Oh, la Cámara de Representantes se reunió el domingo
36:03
como se suponía. Hicieron lo suyo. Eh, ya tienen su agenda para el martes. Oh, esta es
36:12
otra cosa. Ups, ya casi llegamos a los 40 minutos. Ah, perdónenme, pero todo esto es bueno. Todo esto es buena información, ¿verdad?
36:22
Sí. Bien, última cosa y luego nos vamos.
36:25
Ellos, eh, extendieron la sesión legislativa 30 días, lo cual es bueno. Les da más
36:31
tiempo para que el presupuesto ojalá se vuelva a, eh, aprobar y
36:41
posiblemente la ley sobre la nueva moneda, ¿verdad?
36:48
El dinar sigue adelante. Pero sí, entonces van a trabajar del 11, del 1 de
36:55
noviembre al 1 de diciembre. Eso es 30 días extra. Bien, entonces ahora terminamos. Gracias.
37:03
Gracias. Eh, probablemente publique mañana, pero será más corto. Bien,
37:10
intentaré ceñirme a los 30 minutos. Así que gracias. Gracias. Acumulen mientras esperamos a que la tasa se aprecie.
37:17
No se salten ninguna factura. Paguen todas sus facturas.
37:21
Disfruten el resto de su mañana, noche, mediodía, cualquiera que sea el marco de tiempo en el que estén disfrutando este contenido. Y hasta la próxima.
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