8-17-2026
PM Ali al-Zaidi Is Not Planning To Go Through Parliament:
He Doesn’t Have To And Here Is Why
Article 80 of the Iraqi Constitution grants the Council of Ministers authority to issue administrative regulations and execute policy decisions in coordination with the Central Bank of Iraq without a parliamentary vote specifically in matters of monetary sovereignty and financial system management.
3 Things To Note
1. CBI Board approval Already secured (unanimous, August 11 closed session).
- Council of Ministers sign-off Already secured (August 13 emergency session, no dissent).
- Finance Committee notification (not approval) Delivered August 14, 18 hours before Sand’s announcement.
Parliament can object.
Parliament can scream.
Parliament cannot stop this.
The legal framework was built specifically to prevent parliamentary obstruction of monetary reform because every previous attempt at zero removal was killed by MP factional infighting between 2020 and 2024.
Ali al-Zaidi studied those failures. He engineered around them.
That statement was coordinated, not with Baghdad press, but with Treasury’s Office of International Affairs via a backchannel that runs through Amman.
The phrase “decision to change the currency” is deliberate. It’s not a proposal. It’s not under consideration. The word used in the Arabic original — qarar — means a decision already issued. Already made. Already signed.
What Sand did not say matters more. He did not say “parliamentary approval required.” He did not say “pending legislation.” He said “ready.” That word came from the Central Bank of Iraq’s Currency Reform Committee, which has been operational since March but never publicly named.
~Parliament was going to stall past October. Now they react in days, not weeks. Let them file procedural complaints. The CBI controls the ledger, and the ledger is already migrated.
Source(s):
• https://x.com/Prolotario1/status/2088860147921703114
