EXCERPTS FROM MNT GOAT
I had an interesting conversation with my CBI contact concerning what is now happening in Iraq concerning the financial reforms. She wanted to emphasis that these are financial reforms and not “social” reforms as she is reading in many of the forums from the USA. The Project to Delete the Zeros she said is a financial reform and she wanted this to be very clear.
She confirmed the target for the Project to Delete the Zeros is still set for late December / early 2025, but the CBI had to monitor the situation from the switch over from the currency auctions to the (Fitr) platform of correspondent banks.
We all need to keep the hope alive even if for some reason this effort is delayed again, which it could, as I want to be fair and honest with my readers that anything is possible. No, I am not conceding and telling it is delayed, at least not at this time. It is early December and my CBI contact told me the committee in charge of this rollout of the newer lower denominations is still planned for soon.
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