Thurs. AM KTFA News Articles and Thoughts 8-27-26

KTFA

Clare » August 27th, 2026

The Prime Minister’s advisor told Baghdad Today: The 2027 budget will be ready to be presented to the Cabinet within days.

8/26/2026  Baghdad Today – 

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Wednesday (August 26, 2026) that “the 2027 budget will be ready to be presented to the Council of Ministers within days,” indicating that it “will adopt the ‘program budget’ formula to ensure control over spending and combat financial waste.”

Saleh told Baghdad Today that “the 2027 budget is characterized by being a disciplined budget that addresses waste in financial spending operations, and the old methods of managing public money will gradually disappear,” noting that “the budget includes two parts, investment and operational, and the spending mechanisms are linked to specific programs and projects.”

The Prime Minister’s advisor added that “the budget will focus on necessary defense expenditures,” noting that “if oil exports stabilize, a supplementary budget may be approved after the middle of the year.” (LINK)

Tishwash » August 27th, 2026

The central bank denies printing a new currency with zeros removed.

8/26/2026

The Central Bank of Iraq denied on Wednesday printing quantities of new Iraqi currency with zeros removed.

A statement from the bank said it “has been following the news and statements circulating in some media outlets regarding the bank printing quantities of new Iraqi currency with zeros removed, in preparation for its circulation,” emphasizing that “these reports are not based on any official source, and we deny that the bank has printed new Iraqi currency with zeros removed.”

The statement added that “any future project related to restructuring currency denominations or removing zeros—should an official decision be made in this regard—will be subject to multiple legal, regulatory, and technical stages, and will be announced, if approved, through the bank’s official channels and various media outlets, along with specifying anappropriate transition period that allows citizens, banks, and institutions to exchange the currency in a safe and organized manner, to ensure the full preservation of everyone’s financial rights and obligations.”

The Central Bank of Iraq called on citizens and the media to “rely exclusively on its official data and channels for information related to monetary policy, and not to rely on undocumented news, figures and information, as their circulation may cause confusion or harm to the financial interests of citizens.” (LINK)

Ryan1216 » August 27th, 2026

I believe this is the very end of the road for us with the CBI denying claims of the new currency (lower denominations) without 3 zeroes. Celebration incoming any moment now for us all. IMO

Clare » August 27th, 2026

THE DENIAL MAKES ME LAUGH! THE CBI WANTS TO MAKE THE ANNOUNCEMENT THEMSELVES. BUT IT WILL BE SIMULTANEOUSLY TO THE ACTUAL EVENT IMO ONLY .

Ryan1216 » August 27th, 2026

Yes it’s hilarious ! I agree the announcement and the event go hand in hand at the same time. IMO

Source: Dinar Recaps

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