Policy papers: Iraq’s Monetary Policy
Thank you Redd Starr for emailing this to Dinar Recaps.
Is it time for the CBI to start publicly speaking about the Dinar???? Click on the first link below for the full report
"The Iraqi Economists Network (IEN) has just published a new report from our Expert Blogger Dr Amer K. Hirmis: Mudher M. Saleh’s testimony re: the appreciation of Iraqi Dinar in 2006-8, raises serious questions? The purpose of this note is to shed light, and comment, on two views expressed recently in relation to the appreciation"
Title: Mudher M. Saleh’s testimony re: the appreciation of Iraqi Dinar in 2006-8, raises serious questions? By Dr Amer K. Hirmis
Cabinet to vote on Iraq’s 2027 budget in September
2026-08-31 Shafaq News- Baghdad Iraq’s cabinet will vote on the draft 2027 federal budget in September, with the projected deficit capped at 3%, government spokesperson Haider Al-Aboudi announced on Monday.
At a press conference, Al-Aboudi said the Finance Ministry is finalizing the bill in line with the Federal Financial Management Law. The program-based budget will include electricity initiatives and development projects in Saladin and Al-Diwaniyah provinces, as well as provisions concerning contract employees.
Good Morning Dinar Recaps,
Global Bond Rout Deepens: Oil Shock Forces Investors to Reprice Debt, Rates and Risk
Rising energy prices and renewed inflation concerns are pushing global bond yields higher, challenging governments, central banks and investors already facing elevated debt costs.
MilitiaMan & Crew: What's Happening Now: Militia Man's Take on Current Events
8-31-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
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When Will The Removal Of Zeros Begin? A Member Of Parliament Sets A Date For The Project's Implementation.
Information/Baghdad... MP Murtadha Afween confirmed on Monday that the project to remove zeros from the Iraqi currency has not yet moved to the implementation phase, indicating that the project does not represent a direct solution to the crises plaguing the Iraqi economy.
Afween told the Information Agency that “the issue of removing zeros from the currency has not yet reached the implementation phase,” explaining that “the project has not contributed to addressing the crises facing the Iraqi economy.”
Breaking Down $15 billion Spent on California's Train to Nowhere
Notes From the Field By James Hickman (Simon Black / Sovereign Man) August 28, 2026
In November 2008, California voters approved a ballot measure to build a bullet train from San Francisco to Los Angeles. It was supposed to be fast enough to make the journey in under three hours. And passengers could hop on by 2020, for a total cost of $33 billion.
Eighteen years later, there is nothing to ride.
Iraq’s Domestic Debt Climbs To $81bn In June
2026-08-31 Shafaq News- Baghdad Iraq’s domestic public debt rose to 106.072 trillion IQD (about $81 billion) at the end of June 2026, up 2.893 trillion IQD (about $2.21 billion), or 2.8%, from May, according to Central Bank of Iraq (CBI) data.
The debt has increased by 15.557 trillion IQD (about $11.9 billion), or about 17.2%, since the end of 2025, when it stood at 90.515 trillion IQD (about $69.1 billion).
Good Afternoon Dinar Recaps,
Oil Shock Meets Bond-Market Stress: Iran Escalation Forces a Repricing of Debt, Inflation and Fed Policy
Renewed U.S.–Iran military action is pushing oil higher, lifting bond yields and forcing markets to reassess inflation, interest rates and the cost of government debt.
The Rising Dollar Is Testing Banking Reforms; The Central Bank Is Changing Rules, But The Parallel Market Is Resisting.
August 30, 2026Last updated: August 30, 2026 Al-Mustaqilla/Baghdad/- The dollar is still being sold in the Iraqi parallel market at a significant difference from the price announced by the Central Bank, despite a series of banking and regulatory measures implemented by the authorities during the past months in an attempt to restructure the financial sector and expand official channels for obtaining foreign currency.
Good Morning Dinar Recaps,
Global Bond Markets Flash Warning Signals: Oil Shock Forces Investors to Reprice Debt and Rates
Rising energy prices and renewed rate-hike expectations are pushing global borrowing costs higher, exposing growing pressure across sovereign debt markets.
TNT:
Tishwash: Al-Zaydi, in a meeting with the framework: The file of vacant ministries will be completed this week.
Prime Minister Ali al-Zaidi confirmed that discussions regarding the vacant ministries will be completed this week, during a new meeting with the coordination framework held in the office of Badr Organization leader Hadi al-Amiri.
According to a statement published by the Coordination Framework, the meeting discussed "the latest developments at the local and international levels," while Al-Zaydi announced at the beginning of the meeting that "discussions related to completing the government formation will be completed during this week, in preparation for sending it to the House of Representatives next week for a vote."