KTFA
“We have achieved major political and security successes, with recognition from the United Nations and the international community,” Sudani said, stressing the importance of resolving issues in accordance with the constitution and through national decisions.
He added, “We have proven to the international community that Iraq is a sovereign country, and we will continue to work within the framework of the Iraqi constitution.”
Regarding the completion of the United Nations Assistance Mission for Iraq (UNAMI), Sudani said the end of the mission reflects the success of Iraq’s programs and plans across most political and security fields. (LINK)
The President calls for proceeding with the formation of a government that represents all Iraqis.
12/20/2025 – Baghdad
On Saturday, President Abdul Latif Rashid called for proceeding with the formation of a government that represents all Iraqis.
Rashid said during the memorial ceremony held by the National Wisdom Movement in the capital, Baghdad, on the anniversary of the assassination of Muhammad Baqir al-Hakim, head of the Supreme Islamic Council in Iraq, which was followed by Shafaq News Agency, that “Iraq has overcome the difficult stages after years of v******e and t*******m, and before that the period of tyranny, and today we have reached a state of security and stability, and everyone should work to maintain it.”
He added that “our people have completed successful parliamentary e*******s, through which they have demonstrated their commitment to the principles of democracy, while pivotal milestones for the formation of the legislative and executive authorities loom before everyone.”
Advertisement
______________________________________________________
Rashid stressed that “establishing the d********c process is a national duty, which is achieved through adherence to constitutional timelines,” calling for “joining efforts and proceeding with the formation of a government that represents all Iraqis.” (LINK)
Chief Justice: The first session of the new parliament cannot be postponed or extended.
12/20/2025
The head of the Supreme Judicial Council, Faiq Zaidan, confirmed on Saturday that the first session of the new House of Representatives, scheduled for December 29, 2025, must decide on the appointment of the Speaker of the Council and his two deputies, and it is not permissible constitutionally or legally to postpone or extend it.
This came during a meeting between Faeq Zaidan, head of the Patriotic Union of Kurdistan party, and Bafel Talabani, according to a statement from the Supreme Judicial Council.
The Judicial Council stated in a statement received by Shafaq News Agency that “the meeting emphasized the importance of respecting the constitutional timelines for electing the three presidencies, in order to ensure the completion of the formation of the legislative and executive authorities.”
Faiq Zaidan explained that “the first session of the new House of Representatives on December 29 must end with the appointment of the Speaker of the House and his two deputies, and it is not constitutionally or legally possible to postpone or extend it.”
Zidan also stressed the importance of “deciding on the nomination of the candidate for the presidency of the republic within the constitutional period of thirty days after the e******n of the Speaker of Parliament on the 29th of this month.”
The National Political Council, which includes the Sunni forces that won the e*******s, is witnessing rapid political activity to announce the nomination of a candidate for Speaker of Parliament, through meetings described as positive that discussed the files of the Parliament’s presidency and the rights of the Sunni component.
Advertisement
______________________________________________________
This comes in parallel with the moves of the Shiite Coordination Framework, which affirmed its commitment to the constitutional deadlines and to resolving the nomination of the Prime Minister within two weeks.
President Abdul Latif Jamal Rashid had set December 29 as the date for the first session of the Iraqi parliament. (LINK)
Warning against using it to address the financial deficit… Economic Observatory: Iraq’s gold reserves at their highest levels
12/20/2025 Baghdad –
An economic observatory announced on Saturday that Iraq’s gold reserves have reached a record high of approximately $23.064 billion, while simultaneously warning against using or disposing of them to address the country’s financial deficit.
The observatory stated in a report that “Iraq purchased approximately 8.2 tons of gold during 2025, bringing the total reserve to 170.9 tons.” The report further explained that “this increase was distributed as follows: one ton in March, 1.6 tons in June, 3.1 tons in July, and 2.5 tons in August.”
The report indicated that “the total reserve of 170.9 tons is currently equivalent to $23.064 billion, the highest level of gold reserves in Iraq’s history.”
The observatory attributed “this significant increase to the rise in global gold prices, and not to the volume of purchases made during 2025,” explaining that “recent purchases represent approximately 6.4% of the total reserves since the beginning of this year.”
The observatory warned against “any m**********n or misuse of gold reserves to cover financial deficits, whether through selling a portion of them or investing them in high-risk ventures,” emphasizing that “gold is a sovereign asset dedicated to supporting financial stability, not to generating immediate revenue.” (LINK)
SOMO: The oil agreement between Baghdad and Erbil will be renewed
12/20/2025
The deputy director of SOMO announced that there are no problems with the oil agreement between Erbil and Baghdad, and it will be renewed.
Hamdi Shenkali, deputy director of the Iraqi Oil Marketing Company (SOMO), stated today regarding the oil agreement between Erbil and Baghdad and its expiration at the end of this month: “The agreement will be renewed and there is no problem with it. Kurdistan Region oil will continue to flow as it is. Currently, exports have exceeded 200,000 barrels per day, and God willing, the quantity of exports will increase even more.”
Regarding the duration of the agreement, he said: “The agreement was set for a period of three months and ends on December 31, but in accordance with the budget law and to ensure continuity, it will be renewed later until the problems are fully resolved.”
Advertisement
______________________________________________________
He noted that Kurdistan Region oil is currently being delivered to the Iraqi Oil Ministry in Fishkhabur, which in turn transports the oil via pipeline to the port of Ceyhan. (LINK)
First comment from the Sudanese regarding the dollar exchange rate
12/16/2025 – Baghdad
Prime Minister Mohammed Shia Al-Sudani confirmed on Tuesday (December 16, 2025) that changing the dollar exchange rate falls within the exclusive powers of the Central Bank of Iraq.
In a televised interview followed by “Baghdad Today”, Al-Sudani said: “Changing the dollar exchange rate is the sole prerogative of the Central Bank of Iraq,” stressing that “the government has managed to reduce the gap in the exchange rate between the official and parallel rates,” indicating the government’s success in reducing the gap in the exchange rate.
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author. If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
