Ariel: You are Hearing it from Official Iraqi Sources (and more)
Ariel: You are Hearing it from Official Iraqi Sources
10-5-2026
You Are Hearing It From Official Iraqi Sources
You Need To Read This Now!
The Cabinet Will Be Completed Next Week
Do you know what Iraq is doing for the 1st time for the 2027 budget?
They are completely removing the need to borrow.
You Need To Ask Yourself How?
What They Want You to Believe:
Iraq is simply being “responsible” cutting expenses, reforming banks, and waiting for the 2027 budget to address all financial gaps.
Think: Iraq’s current budget deficit exceeds 40 trillion IQD at the current exchange rate of 1,310 IQD per USD.
Without borrowing, the government must fund salaries, pensions, and reconstruction purely through existing revenue streams.
++++++++++++++++
If Iraq is drowning in a deficit so deep it previously required borrowing laws, how does it suddenly “not need to borrow” unless the value of its existing reserves and projected revenues has been re-calibrated to a new, higher baseline?
The 2027 budget is being calculated using a new exchange rate. Not 1,310. Not 1,200. A rate where IQD purchasing power compresses that deficit into insignificance.
This is why the budget can “include the necessary treatments” without a borrowing law because the currency baseline has shifted.
++++++++++++++++
Chairman Awad let slip the operation: “Banking sector reform has become a necessity… private banks have presented a set of reforms.”
What does this mean?
The CBI is purging the system of dollar-dependent, politically-captured banks before the switch flips.
Why?
You cannot redenominate a currency when certain banks are still laundering dollars for Iranian militias and sanctioned entities. The new IQD, post-RV, will likely be digitally traceable and asset-backed. Every elephant graveyard of dollar corruption must be bulldozed first.
The explicit mention that “some banks are affiliated with political entities” and must be depoliticized is CBI code for: We are cutting the dollar fuel line to the Quds Force and their proxies before the new rate goes live, so they cannot convert their pre-RV hoards into the revalued currency.
The Council of Ministers adjusts the budget before it reaches Parliament. Parliament only votes. The budget must be submitted by October 15th!!!!!!!!!!!!!!!!!!
Three Things To Note
1. The budget must contain a usable exchange rate to calculate revenues, expenditures, and allocations.
2. If the budget is being drafted right now and set for submission by mid-October, it must use the exchange rate that will be operative during the 2027 fiscal year.
3. Iraq cannot submit a budget using the 1,310 rate if it plans to change that rate before January 1, 2027 doing so would require a complete budget rewrite after the RV, collapsing the entire legislative timeline.
The Tokenization Wildcard Next Week
Iraq has been working with blockchain infrastructure providers (quietly, through Gulf intermediaries) to tokenize the dinar on a commodity-backed distributed ledger.
Once Tokenized:
• The “three zero” lift is executed digitally with zero operational friction.
• Every note in circulation is simultaneously redenominated in the ledger, preventing chaos.
• The new rate becomes immediately tradable on compliant exchanges, bypassing the traditional Forex lag.
People This Is Not A Coincidence That All Of This Is Colliding At The Same Time
Kurdistan 24 English: KDP to Receive Iraqi Deputy PM Post as Cabinet Nears Completion KDP will take one of four deputy prime minister posts as Iraq's cabinet under Ali al-Zaidi is expected to be completed by early next week, sources told Kurdistan24.
Read More: https://www.kurdistan24.net/en/story/943843
Redenomination Is For In-Country Accounting
Revaluation is for Out-Country Trading
Leave The 1st Phase Alone
Revaluation is what you should be studying. Do not concern yourself for something that is for the In-country bookkeeping.
Source(s):
• https://x.com/Prolotario1/status/2106787734975353324
https://dinarchronicles.com/2026/10/05/prolotario-you-are-hearing-it-from-official-iraqi-sources/
Ariel: What Caused this Temporary Freeze on Salaries in Iraq
10-5-2026
You Are Hearing It From Official Iraqi Sources You Need To Read This Now! The Cabinet Will Be Completed Next Week Do you know what Iraq is doing for the 1st time for the 2027 budget? They are completely removing the need to borrow. You Need To Ask Yourself How?
What They Want You to Believe: Iraq is simply being "responsible" cutting expenses, reforming banks, and waiting for the 2027 budget to address all financial gaps.
• Think: Iraq's current budget deficit exceeds 40 trillion IQD at the current exchange rate of 1,310 IQD per USD.
• Without borrowing, the government must fund salaries, pensions, and reconstruction purely through existing revenue streams.
++++++++++++++++
If Iraq is drowning in a deficit so deep it previously required borrowing laws, how does it suddenly "not need to borrow" unless the value of its existing reserves and projected revenues has been re-calibrated to a new, higher baseline?
The 2027 budget is being calculated using a new exchange rate. Not 1,310. Not 1,200. A rate where IQD purchasing power compresses that deficit into insignificance.
This is why the budget can "include the necessary treatments" without a borrowing law because the currency baseline has shifted. -----------------------
Chairman Awad let slip the operation: "Banking sector reform has become a necessity... private banks have presented a set of reforms." What does this mean?
The CBI is purging the system of dollar-dependent, politically-captured banks before the switch flips. | | | | | | | Why?
You cannot redenominate a currency when certain banks are still laundering dollars for Iranian militias and sanctioned entities.
The new IQD, post-RV, will likely be digitally traceable and asset-backed. Every elephant graveyard of dollar corruption must be bulldozed first. The explicit mention that "some banks are affiliated with political entities" and must be depoliticized is CBI code for: We are cutting the dollar fuel line to the Quds Force and their proxies before the new rate goes live, so they cannot convert their pre-RV hoards into the revalued currency.
>>>>>>>>>The Council of Ministers adjusts the budget before it reaches Parliament. Parliament only votes. The budget must be submitted by October 15th!!!!!!!!!!!!!!!!!!
Three Things To Note
1. The budget must contain a usable exchange rate to calculate revenues, expenditures, and allocations.
2. If the budget is being drafted right now and set for submission by mid-October, it must use the exchange rate that will be operative during the 2027 fiscal year.
3. Iraq cannot submit a budget using the 1,310 rate if it plans to change that rate before January 1, 2027 doing so would require a complete budget rewrite after the RV, collapsing the entire legislative timeline.
The Tokenization Wildcard Next Week 🃏 Iraq has been working with blockchain infrastructure providers (quietly, through Gulf intermediaries) to tokenize the dinar on a commodity-backed distributed ledger.
Once Tokenized:
■ The "three zero" lift is executed digitally with zero operational friction.
■ Every note in circulation is simultaneously redenominated in the ledger, preventing chaos.
■ The new rate becomes immediately tradable on compliant exchanges, bypassing the traditional Forex lag. People This Is Not A Coincidence That All Of This Is Colliding At The Same Time
Kurdistan 24 English: KDP to Receive Iraqi Deputy PM Post as Cabinet Nears Completion KDP will take one of four deputy prime minister posts as Iraq's cabinet under Ali al-Zaidi is expected to be completed by early next week, sources told Kurdistan24.
Read More: https://www.kurdistan24.net/en/story/943843
Karar: You are right. For the record, I am a government employee on a temporary contract with the Iraqi Parliament, assigned to provide security for a retired MP; however, our salaries have been suspended for three months, and our contracts are set to be cancelled.
I Wanted Everyone To See What Has Caused This Temporary Freeze On Salaries:
Kara says he provides security and that his salary was put on hold in Iraq. What you will read is my Synopsis of the situation as it is happening within the framework of what is being reconfigured based on the new mechanisms in the 2027 Budget.
Note: You have quite the job sir. First, thank you for speaking candidly. What you just shared is not just a personal grievance it’s a live piece of evidence that confirms the timeline we’re tracking. Let me tell you what’s actually happening to you and why.
The salary suspension isn’t administrative failure. It’s a controlled freeze before the reset.
The Iraqi government is not “out of money” in any permanent sense. The CBI holds north of $100 billion in foreign reserves. Oil is still flowing. What’s happening is a deliberate liquidity hold the Finance Ministry is stalling all dinar-denominated obligations until the redenomination flips the switch.
Why?
Because if they pay you now in old IQD (1,310 to the dollar), they create a liability that must be honored post-RV. If they wait until after the three-zero deletion, your back salary becomes payable in new IQD structurally identical in real terms, but infinitely cleaner on the books.
You lose nothing in purchasing power. But the government avoids a balance-sheet nightmare.
Addendum-
Your contract cancellation is the same mechanism.
Temporary contracts are being wound down not because you’re not needed it’s because the entire payroll system is about to be re-denominated. It’s easier to cancel contracts pre-RV and reissue them post-RV under the new nominal framework than it is to migrate every single active contract across a currency reset. Bureaucratic math, not personal.
So What I would Tell You Directly
You are not being fired. You are being paused. The retired MP you protect will still need security. The Parliament will still need armed contract personnel. Nobody is liquidating the protective apparatus.
What’s occurring is a system-wide payroll recalibration that has left every temporary and daily-wage worker in limbo because the Finance Ministry is under explicit instruction: Do not cut any new dinar obligations until the budget goes to Parliament.
And the budget as you know better than most must land by October 15th.
What To Watch For:
The moment the 2027 budget is submitted and the exchange rate is published, watch the parliamentary payroll office. You will see a flurry of contract reissuance: same names, same positions, same duties denominated in the new rate. If that doesn’t happen within fourteen days of the budget drop, then you have a problem. Until then, you are watching a technical hold, not a termination.
Three months without salary is b****l. I’m not dismissing that. But understand that you’re not being singled out. The entire temporary contract workforce security, administrative, logistical is frozen across multiple ministries. This is systemic, not personal. The people who understand the redenomination logic are holding their breath. The people who don’t are panicking. You’re now in the first group.
Source(s):
• https://x.com/Prolotario1/status/2106833151381135424