Iraq considers currency overhaul to expose looted funds
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Source: The Jerusalem Post
Published: 2026-08-31 20:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Culture & Entertainment, Middle East, Media, Crime & Justice
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Snippet:
The Iraqi government is considering introducing a new currency that would remove three zeros from the dinar to simplify transactions and bring funds looted through corruption under government control, Iraqi Communications Minister Mustafa Sanad told local media. "There is a political decision regarding removing zeros from the national currency,” Sanad announced.
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