Ross: The Zeros Come off When all of this Lines up
Ross: The Zeros Come off When all of this Lines up
5-22-2026
“Participation of the Central Bank in drafting the state budget is essential.”
Governor al-Alaq is publicly demanding the CBI have a real seat at the table when the government writes the numbers — because drafting a budget without the CBI’s input on reserves, money supply, and cash flow is a recipe for chaos the moment the Dinar’s exchange rate moves.
While central bankers have pushed for better fiscal-monetary coordination for years, the timing of this statement stands out — especially as the CBI is set to meet with the Fed and US Treasury to advance their banking reforms in the coming days.
We now have a new Prime Minister who immediately created a Financial Stability Council (with the CBI Governor and Finance Minister) to push “comprehensive economic and financial reform,” while the 2026 budget remains unfinalized.
“Complementarity between fiscal and monetary policies”
This is the golden phrase.
Fiscal = government spending & the budget.
Monetary = CBI controlling the dinar.
These two must work together like never before — especially when you’re preparing to:
• Remove zeros (redenomination)
• Revalue the dinar
• Or both
Without this coordination, revaluation risks sending inflation through the roof.
They’re building the guardrails right now.
This fits into a bigger picture:
We’ve seen the CBI stress that reserves are strong.
We’ve seen major banking sector reforms advancing (which the Fed/US Treasury have praised).
We’ve seen the strong push toward electronic payments and modernization before the July deadline.
Now the Governor himself is insisting the CBI must be inside the budget process.
When all of this lines up… the zeros come off and IQD finds its real value.
Channel 8 English: CBI Governor Ali al-Alaq stressed that the participation of the Central Bank in drafting the state budget is essential to ensure complementarity between fiscal and monetary policies. Read more: https://channel8.com/english/news/58421
What is the solution?
RCT unwinds, XRP moons, 2-4X boost to effectiveness of Iraq’s foreign reserves.
Iran War ends, Strait of Hormuz reopens, oil revenues skyrocket.
New IQD exchange rate that reaches near parity with USD.
Tokenize the dinar.
Tokenize the oil.
HCL becomes law.
Finish the Development Road Project.
Make Iraq Great Again.
Tell me again how this time isn’t different?
President Trump backed Al-Zaidi for a reason.
Your bullishness on IQD appears to be in good hands.
Financial disclosures in Iraq are moving faster and with more immediate emphasis than typical under the new government.
Ask yourself why that is.
Prime Minister Ali al-Zaidi (sworn in mid-May 2026 with a partial cabinet) made this one of his very first major directives.
In the inaugural regular session of the Council of Ministers, he ordered all ministers to submit full financial/asset disclosure statements within one week (7 days) of the directive.
President Nizar Amedi is also moving promptly on his side of the process (or publicly endorsing the push), which reinforces the sense of faster momentum across institutions.
Notice how there seems to be a bit of a rush going on with Iraq’s new government….
Kinda like IQD has been coiled up for a while.
Don’t be surprised when you log in to X to see real, unstoppable, lightning-speed progress on a daily basis.
Channal 8 English: The Iraqi Presidency said the move reflects President Nizar Amedi's commitment to “complying with legal procedures” regarding financial disclosures to promote integrity and public trust.
HCL is the “elephant in the room.”
If we are about to witness unstoppable lightning-speed progress toward the revaluation of IQD then I would expect this meeting with the KRG PM to be fruitful.
HCL requires a new rate, a new rate does not require HCL.
Keep that in mind as you watch the progress of HCL versus the progress of Iraq’s banking sector and budget.
The New Region: Kurdistan Region PM Masrour Barzani on Thursday received Bakr al-Samarrai, special advisor for Iraqi PM Ali al-Zaidi, where the pair placed emphasis on developing coordination between their governments and resolving outstanding disputes – Statement
Source(s):
• https://x.com/Ross_ptm/status/2057488994506858516
https://dinarchronicles.com/2026/05/21/ross-the-zeros-come-off-when-all-of-this-lines-up/