News, Rumors and Opinions Saturday 12-27-2025
KTFA
Frank26: "SECURITY & STABILITY FOR THE M.R. DEMANDS THIS".......F26
A financial expert calls for stricter oversight of banks in Iraq.
12/24/2025 Information / Baghdad...
Financial and banking expert Abdul Aziz Hassoun called on the Central Bank of Iraq on Wednesday to take strict measures and oversight to regulate the work of banks, ensuring the protection of citizens' rights.
He pointed out that the banking system in Iraq operates within an unstable environment that has prevented it from performing from its normal functions.
Hassoun told the Information Agency that "the security, economic, and social conditions are the main factors contributing to instability in the banking sector, which negatively impacts citizens' confidence and discourages them from depositing funds, especially in government banks. This leads to a shortage of cash liquidity and disrupts economic activity in the country."
He added that "a large number of banks are now engaging in activities that do not fall under the umbrella of genuine banking, exploiting the state of turmoil to achieve private gains at the bank of the banking policy set by the Central Bank."
He explained that "the Central Bank is required today to implement strict measures and activate serious oversight of banks' operations, with the aim of securing citizens' rights and strengthening confidence in the banking system." He noted that "directing financial revenues solely towards imports is one of the main reasons for the decline and stagnant banking performance in Iraq." LINK
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Clare: The International Smart Card Company announces the launch of a (0% commission) initiative to support merchants.
12/24/2025 Economic:
The global smart card company (Key) announced today, Wednesday, the launch of a (0% commission) initiative to support merchants.
The company said in a statement received by Alsumaria News "A new initiative will be launched to support merchants and stimulate business growth, starting from January 1, 2026, where a commission rate of (0%) will be applied to the merchant for all electronic payment transactions."
She added that "the initiative includes all payments made through devices Points of Sale (POS) and the SuperKey application, without any deductions or hidden commissions, ensuring that the merchant retains the full profit from every sale,” noting that “this step comes within its strategy to enhance financial inclusion, encourage the shift towards electronic payments, and provide a more transparent and profitable business environment for merchants in various sectors.”
The company confirmed that “payment devices will be provided free of charge to merchants wishing to join the Key system, with easy registration through the SuperKey application,” adding that “2026 will be a year of real growth and clearer profits for merchants, in a partnership built on trust and continuous support.” LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Would it look cleaner if they have a prime minister...back in completely done and stabilized prior to the end of the year? Of course. Is it necessary? I've shown that it's not.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Your favorite economist is back...today on Iraqi television. He says the lower denomination dinar note are lined up for release...They are not on the streets just yet...The central bank is saying the launch is imminent. All the preparations are in place... FRANK: You have to remember who this man is. He's an economist. He's well educated. But he's a financial adviser for the news. He is not associated with the CBI...GOI. He's associated with the media. Everyday he comes out and expresses his opinion...
Jeff They have a lot of crap to do...that's sensitive to the timing of the rate change. They have 150 plus laws to pass, two of which would be the '26 budget along with the Oil and Gas Law... outstanding since at least 2005. Why? Because it is sensitive to the timing of the rate change. It needs it and requires it. Very simple...Parliament can't get all this crap done [until after] the rate change.
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