MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART 2๐๐ฐ
๐ค Close to a Final Understanding on Non-Oil Revenues
You might want to check out the article titled “MASROUR BARZANI: WE ARE CLOSE TO A FINAL UNDERSTANDING WITH BAGHDAD REGARDING NON-OIL REVENUES.” ๐ฎ๐ถ๐ค The Kurdistan Regional Government PM Masrour Barzani says talks with Baghdad are reaching their final stages. Despite hurdles, there’s hope for a breakthrough soon! ๐ช✨
๐ข️ The Complex Puzzle of Oil, Gas & Foreign Companies
Iraq’s settlement on the Hydrocarbon Law (HCL) includes many players—foreign oil companies need their paychecks too! ๐ธ The proposal is $16/barrel for processing. This is a huge issue on the US priority list, so it can’t be ignored. ⚠️
๐ Strategic Partnerships & Regional Growth
From the article “GOVERNMENT ADVISOR: LINKING AL-FAW PORT WITH OMANI PORTS WILL ENHANCE IRAQ’S REGIONAL AND INTERNATIONAL STANDING,”
we learn Iraq is opening doors to Gulf countries and beyond! ๐ข๐ This is big for trade, partnerships, and Iraq’s global presence. The WTO involvement hints at a bright future! ๐ผ๐๐ผ Building a Sovereign Fund for the Future
President Rashid stresses the need for a sovereign fund from oil & gas revenues—a treasure chest for Iraq’s future generations! ๐ฐ⏳ Right now, $110B sits in the DFI fund without earning interest. This new fund will channel
The secret? Budget carefully on oil, save non-oil revenues, invest smartly—and Iraq could get filthy rich! ๐ค๐
๐ค Why This Gets My Goat: Security, Stability, and the Missing Reinstatement
PM al-Sudani says Iraq is a pillar of security and stability ๐ก️๐ But… where is the Project to Delete the Zeros? Why no dinar reinstatement yet? ๐คจ
If Iraq is truly stable, why the delay? ๐คท♂️ The CBI seems ready, so what’s really holding it back? This is the question we keep asking! ๐❓
⏮️ A Look Back: Lessons from Last Year’s CBI Announcements
CBI in Sept 2024 said the economic climate was “not suitable” for redenomination. Iraq’s economy still relies heavily on oil and cash deals. ๐ธ
It’s September again, and history shows this month often brings updates on deleting zeros. According to my insider, this year will be different — progress is coming! ๐ฆ๐ฅ
๐ What’s Next?
We’re watching an epic, multi-layered race against time unfold. Iraq is building the foundation for a massive financial transformation—but the finish line is just ahead. ⏳๐ฅ
๐ฅ Stay tuned and follow for more updates!
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