EXCERPTS FROM MNT GOAT, 29 SEPT

EXCERPTS FROM MNT GOAT

So, the CBI has told us just recently that Electronic Banking is an important step in the currency reform and banking process, but we knew that didn’t we? 

Next, the CBI then told us all about the success of initiative. See article titled – “CENTRAL BANK GOVERNOR ANNOUNCES SUCCESS OF DIGITAL TRANSFORMATION PLAN IN IRAQ” WOW! WOW! WOW! 

So what message is he trying to tell the Iraqi people? I do not think he is saying final success on that there is good success so far. Remember we were told the goal is about 80% of the working citizens. I quote from the article – “it clearly indicates the success of the digital transformation and electronic payment plan, and the percentage rose from 20 percent a few years ago to 48.5 percent”

Then also in today’s news, a parliamentary member comes out and says Iraq has a stable economy. I quote from the article – “PARLIAMENTARY FINANCE: IRAQ IS EXPERIENCING GOOD AND STABLE ECONOMIC CONDITIONS”. So then where is the project to delete the zeros? Didn’t Ali al-Alaq and others tell us that Iraq needed a stable economy to conduct the Project to Delete the Zeros? So they achieved it and now what?

Then also in today’s news they tell us and I quote from the article “ AN IMMINENT PROCESS TO CHANGE THE SKIN OF THE IRAQI DINAR.. REMOVING ZEROS WILL REVEAL THE EXTENT OF CURRENCY MANIPULATION”

Define Imminent: as an adjective, about to happen.

I believe they really meant Inevitable rather than Imminent. With Arabic to English translation meaning sometimes gets lost. But this is only my opinion and it could actually mean Imminent as I also believe we are in the final stretch leading to the Project to Delete the Zeros kicking off this fall between Nov and Dec we are very close to it now. Either way we are very close and they can’t hold off progress much longer. This project,as you know, will ready the economy for the reinstatement in early 2025. The reinstatement of the IQD will also facilitate the WTO accession, trade and coincides with the transition to the correspondent banking system will take place at the end of the year.

Define Inevitable: as an adjective, certain to happen; unavoidable:

I quote from the article titled “PRIME MINISTER: WE WILL SWITCH TO THE CORRESPONDENT BANKING SYSTEM TO CONDUCT 100% OF FOREIGN TRANSFERS BY EARLY 2025” – I quote from the article “Iraqi Prime Minister Mohammed Shia al-Sudani said that Iraq will switch to a correspondent banking system to conduct 100% of foreign transfers early next year.