Iraq says US-led coalition withdrawal proceeding at โaccelerated paceโ
โThe process of the forcesโ withdrawal is in direct coordination with the office of the commander-in-chief of the armed forces, which directly supervises the mechanisms of transfer and departure,โ Sabah al-Numan, spokesperson for Zaidi, told state media.
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The Iraqi government is advancing a comprehensive currency overhaul centered on deleting zeros from the national dinar and issuing new physical banknotes.
Beyond monetary redenomination, the initiative acts as an aggressive anti-corruption operation designed to force trillions of hoarded dinars back into the banking system while devaluing illicit cash reserves kept hidden by corrupt networks.
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The Iraqi Parliament hosted a comprehensive legislative session on Sunday, completing the first reading and discussion of four major draft laws aimed at economic development, environmental sustainability, and public safety.
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The Iraqi Parliamentary Finance Committee hosted CBI Governor Nizar Nasser Hussein to address financial and monetary files, deficit financing mechanisms, banking sector development stages, economic reform, and solutions to overcome the financial crisis.
MP Uday Awad Kadhim, who chaired the meeting, emphasized โthe importance of establishing advanced mechanisms to strengthen monetary policy, support financial and monetary stability, and work on maximizing revenues to help boost the country's financial economy.โ
CBI Governor Nizar Nasser Hussein met with the Iraqi Parliament's Deputy Speaker to discuss several economic and monetary files, where Adnan Faihan al-Dulaimi stressed that economic policy must proactively anticipate risks rather than relying on reactive, temporary measures to ensure market stability, currency strength, and banking confidence.
@Channel8English How about the first agenda of the meeting is set the government so it's complete so that the next item of agenda can look like a rate change. These are the only two things that matter right now. Nobody gives a shit about the yezidi survivors law โฉโฉ
@majeed66224499 Yeah well let's get to the first fucking solution Z and adjust the value of the local currency cuz you're no longer anchored to a sanction rate you know that right Zzzzzzz