Ariel

Ariel – Dinar Guru    The rate change is a consequence of budget authorization, not a precondition for it…The budget is the triggerEverything else follows from it… The Actual Order of Operations:  1. Council of Ministers approves the 2027 budget with redenomination language. 2. Parliament ratifies it.  3. CBI executes the rate change (deleting three zeros, setting the new peg — likely to USD or gold per the Tier 1 asset framework). 4. IMF confirms Article VIII compliance.  5. IQD goes live on international Forex platforms.  6.  Banks begin exchanging at the new rate.

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