TNT:
Tishwash: The Central Bank reassures depositors and confirms the protection of their funds.
The Central Bank of Iraq affirmed on Saturday that all depositors’ funds in licensed banks are protected, while also stating that the Iraqi banking system possesses sufficient liquidity to efficiently manage its operations.
In a statement received by the Iraqi News Agency (INA), the bank clarified that “the Central Bank of Iraq’s exercise of its powers to directly appoint supervisory or trusteeship committees to a licensed bank does not signify the bank’s bankruptcy, as has been circulated on some social media platforms. Rather, these are precautionary and legal supervisory measures to ensure the bank’s safety and the overall stability of its operations, and to protect depositors’ rights in particular.”
The statement added that “the Central Bank of Iraq applies the best international banking standards to the banking sector to guarantee its safety, compliance, and the provision of optimal financial services without compromising the rights of its depositors.”
It further explained that “all licensed banks participate in the Deposit Guarantee Corporation, which is a cornerstone of banking stability, through its role in compensating depositors should a bank fail to meet its obligations in accordance with applicable laws.”
The bank noted that “depositors’ funds are protected under applicable laws, regulations, and instructions, and the Central Bank of Iraq is closely monitoring banking procedures, particularly those related to ensuring depositors’ access to their funds at any time without delay.”
The bank also affirmed that “the Iraqi banking system possesses sufficient liquidity to manage its operations efficiently and under any potential pressures; the ratio of liquid assets to short-term liabilities exceeds 60%.” link
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Tishwash: The Central Bank reassures bank depositors
Affirming its pivotal role in protecting the financial system and ensuring a sound banking sector based on competitiveness and the provision of the best traditional and digital financial services, the Central Bank of Iraq wishes to inform and reassure the public of the following facts:
- The Central Bank of Iraq’s exercise of its powers to appoint supervisory or trusteeship committees to banks licensed directly by the Central Bank does not imply the bank’s bankruptcy, as has been circulated in some media outlets. Rather, it is a legal and precautionary supervisory measure to ensure the bank’s overall soundness and operational stability, and to protect depositors’ rights in particular.
- The Central Bank of Iraq applies the best international banking standards to the banking sector to ensure its safety, compliance, and the provision of optimal financial services without compromising the rights of its depositors.
- All licensed banks participate in the Deposit Guarantee Corporation, which is a cornerstone of banking stability, through its function of compensating depositors in the event of a bank’s inability to meet its obligations in accordance with applicable laws.
- Depositors’ funds are protected under applicable laws, regulations, and instructions. The Central Bank of Iraq pays close attention to monitoring banks’ procedures, particularly those related to ensuring depositors’ access to their funds at any time without delay.
5- The Iraqi banking system has sufficient liquidity to manage its operations efficiently and under any potential pressures; the ratio of liquid assets to short-term liabilities is more than (60%).
Baghdad – Media Office,
September 5, 2026 link
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Tishwash: Removing zeros from the dinar: Parliamentary Finance Committee sets conditions for proceeding with this matter.
Member of the Parliamentary Finance Committee, Amer Rahim, confirmed on Saturday that voting on a bill to remove zeros from the local currency requires extensive discussions and the enactment of a package of laws within the Parliament. He indicated that raising this issue at the present time is premature.
Rahim told Al-Maalouma, “The step of removing zeros from the currency cannot be decided hastily; rather, it requires a series of lengthy and in-depth discussions within Parliament.” He explained that “the process is closely linked to the economic reality and requires amending and enacting several supporting financial laws and regulations to ensure market stability.”
He added, “Raising the discussion about this topic at this stage is premature, given the financial challenges that require first providing a comprehensive economic and banking environment before embarking on any structural change to the currency.” He pointed out that “any measure of this kind without careful and prior study may negatively impact the purchasing power of citizens.”
Rahim stressed “the need to focus currently on supporting the stability of the national currency and implementing banking reforms, while leaving the issue of removing zeros until economic conditions are more favorable and full legislative support is available within the House of Representatives.” link
Tishwash: Washington’s messages reach Baghdad… American reservations haunt the draft law on the Popular Mobilization Forces.
Revealed by the newspaper “An-Nahar”LebaneseThe American side reported Baghdad Over the past few days, there have been clear reservations about re-tendering bill Popular Mobilization ForcesIn its previous form, while it requested Washington Explicit guarantees that all Popular Mobilization Forces formations will be subject to the authority of the Commander-in-Chief of the Armed Forces, and that no parallel structures or authorities will be allowed to exist alongside the security institutions.
And the law entered Popular Mobilization Forces A new political round in Iraq More than a year after its passage was thwarted in House of RepresentativesThis comes at a time when the attempt to regulate the situation of the Popular Mobilization Forces intersects with a broader governmental approach to restricting weapons to the state and readjusting the relationship between armed formations and official security institutions.
The House of Representatives had completed the first and second readings of the bill during 2025, before the process stalled at the voting stage due to political disagreements, American objections, and reservations from Sunni and Kurdish forces. The American objection at the time focused on articles that it considered…Washington This could grant armed factions greater space within the formal system, and affect the nature of the security partnership with Baghdad
The issue was revived in 2026 after the Speaker of Parliament addressed the government regarding the submission of the draft law, while confirming prime minister Ali Al-Zaidi His government is proceeding with submitting the Popular Mobilization Forces (PMF) law to parliament, based on the premise that the PMF is part of the armed forces.
This coincides with the drafting of a law restricting weapons to the state, placing the government in a complex dilemma. Legally reorganizing the PMF must proceed in parallel with reducing any space for weapons and security decisions outside the official command, especially since the PMF already enjoys legal cover since the enactment of the PMF Law.Popular Mobilization ForcesLaw No. 40 of 2016 links the Popular Mobilization Forces (PMF) to the Commander-in-Chief of the Armed Forces, according to the newspaper.
The newspaper adds that for this reason, the dispute is not so much about the legitimacy of the PMF’s existence as it is about its internal structure, its chain of command, its funding and command mechanisms, and the boundaries of the relationship between the official institution and the factions that maintain their own political, ideological, and organizational identities.
Washington is setting its conditions.
In this context, an Iraqi government source revealed to the newspaper that the American side had informed Baghdad in recent days of clear reservations about reintroducing the draft law in its previous form, considering that any legislation granting the factions additional influence could directly conflict with the process of disarming the militias.
According to the source, Washington requested explicit guarantees that all PMF formations would be subject to the authority of the Commander-in-Chief of the Armed Forces and that no parallel structures or powers would be allowed to exist alongside the security institutions. American concerns also focus on the articles that might grant some leaders greater independence in decision-making, funding, or command structure, thus reinforcing the separation between the official form of the PMF and the actual reality of some factions within it.
Washington is also sensitive to the timing of the reintroduction of the law, given Baghdad’s ongoing efforts to restrict weapons and end all armed activity outside official institutions. According to the same source, the American message warned that passing a version of the law that contradicts security sector reform could have repercussions on security, military, economic, and financial cooperation between the two countries.
Meanwhile, [the text abruptly ends here ].Iraqi governmentThe review of several articles of the draft law aims to preserve the legal framework of the Popular Mobilization Forces (PMF) and the rights of its members, without granting factions additional space outside the official command structure. The source believes that the coming days will determine whether Baghdad can reach a formula that combines establishing the PMF as an official institution with fulfilling its obligations regarding weapons.
The institution is one thing, and the factions are another.
The newspaper indicated that the main obstacle lies in the fact that legalizing the PMF has not practically led to the complete unification of its constituent formations. Since 2016, most factions have retained their names, structures, bases, and political and ideological affiliations, in addition to their presence in different areas of influence.
This reality, according to the newspaper, has left the transition from a multi-factional structure to a unified military institution incomplete, and has transformed issues of leadership, funding, and the chain of command into the core of the debate surrounding any new legislation.
The expert in strategic affairs, Major General Ahmed Al-Dulaimi The essence of the American observations lies precisely in this point: the necessity of subjecting all formations to the decision of the Commander-in-Chief of the Armed Forces and to a single military chain of command.
The problem, according to…Al-Dulaimi This becomes apparent when certain factions retain the ability to make unilateral decisions or exert their own influence, placing the state in confrontation with armed power centers that do not always operate within the same official framework.
Hence, the value of the law becomes tied to its ability to regulate powers, leadership, funding, and command mechanisms, and to prevent duplication of decision-making, while clearly distinguishing between the Popular Mobilization Forces (PMF) as an official institution and the factions that may adopt independent positions or decisions.
If legislation fails to address this gap, it may transform from a tool for regulating the institution into a legal cover that legitimizes the existing reality rather than changing it.
Weapons determine the fate of the law, and this equation becomes increasingly weighty as we approach 30 September The date related to the weapons inventory and the completion of the mission International coalition This makes the Popular Mobilization Forces (PMF) law part of a broader debate about the shape of Iraq’s security state and the future of its relationship with Washington.
The newspaper explained that the law’s success will depend not so much on its passage through parliament, but rather on its ability to effectively unify security decision-making within the institution and prevent the continued existence of independent power centers operating under an official umbrella.
Ultimately, the issue remains tied to the broader question facing Baghdad today: Will the new legislation lead to a more tightly integrated PMF into state institutions, or will it solidify the existing fragmentation within the organization under a more robust legal framework? link
