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Ross: Standout Tracks for the Revaluation of IQD

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Ross
@Ross_ptm

Cabinet locked in with a 1 month runway before the September 30th deadline to monopolize force in Iraq.

Economic/banking reforms, HCL, budget e*******n, coherence for external partners, and an end to the perception of paralysis are around the corner.

Al-Zaidi is moving from security consolidation into formal economic-institutional delivery.

These are the standout tracks for the revaluation of IQD explicitly highlighted in the PMO statement:

1. Accelerate reform and development of the state-owned banking sector.

2. Establish the Supreme Council for Financial and Monetary Stability.

3. Establish the Supreme Council for Investment.

4. Comprehensive national program for institutional reform and combating financial/administrative c********n, including legislative reviews and stronger integrity/transparency systems.

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5. Regulate and unify border crossings.

6. National digital transformation strategy + empowerment of digital transformation and cybersecurity centers.

Another major IQD prerequisite moving forward.

Digitization + automated customs is one of the highest-leverage anti-c********n tools available.

Automating customs and financial systems directly attacks Iraq’s non-oil revenue base which has been chronically weak.

More captured revenue = stronger fiscal position = less pure oil dependency = more room for a credible rate change without blowing up the budget.

Timeline language has upgraded.


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They’re no longer just talking about “digital transformation.”

They’re talking about binding timelines.

Whether the World Bank / UNCTAD technical work starts producing visible milestones is the next confirmation that this is e*******n, not just rhetoric.

Files that “cannot tolerate delay” are exactly the ones that historically sit upstream of currency reform.

Iraq’s government is publicly locking in performance budgeting, institutional coordination, and an investment push to make a sustained, credible economic reset more feasible.

CBI is in the room, the Governor present alongside the Finance Minister and parliamentary finance leadership signals intentional fiscal-monetary coordination — a necessary condition for any orderly rate change.

Investment attraction is being treated as urgent.

Global companies do not flood in while the currency is a managed soft peg with chronic inefficiencies.

Al-Zaidi’s broader pattern continues.

Anti-c********n recovery of funds, market-economy rhetoric, higher oil production targets, and now formal performance budgeting all point in the same direction: reducing the rentier leakage that has kept IQD artificially weak for years.

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Source(s):
https://x.com/Ross_ptm/status/2087202693026865655
https://x.com/Ross_ptm/status/2087319256539316616
https://x.com/Ross_ptm/status/2087343943101149345
https://x.com/Ross_ptm/status/2087359283696697586

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