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Prolotario
@Prolotario1
You Are Hearing It From Official Iraqi Sources
You Need To Read This Now!
The Cabinet Will Be Completed Next Week
Do you know what Iraq is doing for the 1st time for the 2027 budget?
They are completely removing the need to borrow.
You Need To Ask Yourself How?
What They Want You to Believe:
Iraq is simply being “responsible” cutting expenses, reforming banks, and waiting for the 2027 budget to address all financial gaps.
Think: Iraq’s current budget deficit exceeds 40 trillion IQD at the current exchange rate of 1,310 IQD per USD.
Without borrowing, the government must fund salaries, pensions, and reconstruction purely through existing revenue streams.
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If Iraq is drowning in a deficit so deep it previously required borrowing laws, how does it suddenly “not need to borrow” unless the value of its existing reserves and projected revenues has been re-calibrated to a new, higher baseline?
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The 2027 budget is being calculated using a new exchange rate. Not 1,310. Not 1,200. A rate where IQD purchasing power compresses that deficit into insignificance.
This is why the budget can “include the necessary treatments” without a borrowing law because the currency baseline has shifted.
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Chairman Awad let slip the operation: “Banking sector reform has become a necessity… private banks have presented a set of reforms.”
What does this mean?
The CBI is purging the system of dollar-dependent, politically-captured banks before the switch flips.
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Why?
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You cannot redenominate a currency when certain banks are still laundering dollars for Iranian militias and sanctioned entities. The new IQD, post-RV, will likely be digitally traceable and asset-backed. Every elephant graveyard of dollar c********n must be bulldozed first.
The explicit mention that “some banks are affiliated with political entities” and must be depoliticized is CBI code for: We are cutting the dollar fuel line to the Quds Force and their proxies before the new rate goes live, so they cannot convert their pre-RV hoards into the revalued currency.
The Council of Ministers adjusts the budget before it reaches Parliament. Parliament only votes. The budget must be submitted by October 15th!!!!!!!!!!!!!!!!!!
Three Things To Note
1. The budget must contain a usable exchange rate to calculate revenues, expenditures, and allocations.
2. If the budget is being drafted right now and set for submission by mid-October, it must use the exchange rate that will be operative during the 2027 fiscal year.
3. Iraq cannot submit a budget using the 1,310 rate if it plans to change that rate before January 1, 2027 doing so would require a complete budget rewrite after the RV, collapsing the entire legislative timeline.
The Tokenization Wildcard Next Week
Iraq has been working with blockchain infrastructure providers (quietly, through Gulf intermediaries) to tokenize the dinar on a commodity-backed distributed ledger.
Once Tokenized:
• The “three zero” lift is e******d digitally with zero operational friction.
• Every note in circulation is simultaneously redenominated in the ledger, preventing chaos.
• The new rate becomes immediately tradable on compliant exchanges, bypassing the traditional Forex lag.
People This Is Not A Coincidence That All Of This Is Colliding At The Same Time
Redenomination Is For In-Country Accounting
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Revaluation is for Out-Country Trading
Leave The 1st Phase Alone
Revaluation is what you should be studying. Do not concern yourself for something that is for the In-country bookkeeping.
Source(s):
• https://x.com/Prolotario1/status/2106787734975353324
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