These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Ariel :
Three Points to Remember: 1. To compute revenues, expenses, and allocations, the budget must include a useable exchange rate. 2. The exchange rate that will be in effect during the 2027 fiscal year must be used if the budget is currently being written and is scheduled for submission by mid-October. 3. If Iraq intends to alter the [1510] rate before January 1, 2027, it cannot submit a budget using that rate; doing so would need a whole budget revision after the RV, collapsing the entire legislative timeframe.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
The Iraqi fiscal year starts on January 1st, not October 1st.The next year’s budget must be completed by the end of October and approved by parliament by January 1st in order to be put to use. They have two months to talk about it and pass it.
