Article: “The association of private banks holds a specialized workshop on regulatory controls of the internal evaluation of the capital adequacy standard”
they had a workshop with all the banks explaining all the necessary Basel compliance and requirements they have to meet. The same things all banks are going through to be part of
the international system.
To me this is a clear indicator that Iraq is about to unleash without restrictions. They would not do this if Iraq was not going to have an International currency and International banks.
A dinner was held in Washington in the presence of Trump's senior advisor to welcome the Prime Minister of the Kurdistan Regional Government.
An official dinner was held last Thursday evening, Washington time, to welcome Kurdistan Regional Government Prime Minister Masrour Barzani's visit to the United States. Masad Boulos, senior advisor to US President Donald Trump, was also present.
A statement issued by the regional government stated that during the banquet held in Washington, which was also attended by a group of prominent American figures, Paul warmly welcomed the regional government's prime minister, describing his current visit to the United States as "very successful."
In his remarks, the US President's Advisor also stressed the critical importance of strengthening and consolidating the foundations of the strategic relationship between the Kurdistan Region and the United States, according to the statement.
In a speech on this occasion, the Prime Minister, according to the statement, expressed his "profound thanks and appreciation" to the hosts for their warm welcome and generous hospitality, stressing that "the Kurdistan Region is proud of the close cooperation, continuous support, and deep friendship that binds it to the United States."
He continued, "We look forward to further developing our bilateral relations in various fields and at all levels, in a way that serves the common interests of both sides." link
Currency Exchange, Bond Redemption Final Preparations Underway
…Ezra Cohen
Finalize Paperwork & NDA: Expect last-minute system tests and final briefings behind closed doors. All eligible participants will sign NDAs and finalize their “Post-Redemption Plan” forms.
Wallet & Identity Ready: QFS account access is imminent. Ensure your digital wallet credentials and identity documents (biometrics) are updated and ready for verification.
Documentation On Hand: Gather your bond certificates, redemption folders, and any humanitarian trust paperwork. These will be needed immediately at the first Redemption Centers.
Silence Means “Go”: Do not expect public announcements or media leaks in advance. The entire operation is being kept discreet for security; this quiet phase indicates that the reset is imminent.
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the European Bank for Reconstruction and Development (EBRD) in Baghdad.
The meeting discussed the measures required to commence their work in Iraq next September, following the completion of Iraq's accession procedures to the European Union bank.
During the meeting, His Excellency the Governor reviewed the progress of the ongoing financial and banking reform plans and the role of the Central Bank in achieving monetary stability, maintaining the stability of the general price level, and controlling inflation.
He also reviewed the procedures for transitioning to digital banking and employing modern financial technologies to provide financial and banking services.
The meeting discussed the role of the Central Bank of Iraq in supporting economic growth through its financing initiatives for economic sectors. For its part, the European Bank delegation expressed its readiness to provide technical support and financing for the restoration and modernization of infrastructure, the transition to a green economy, and supporting the private sector to play its role in the growth of the Iraqi economy.
Central Bank of Iraq Media Office May 22, 2025 link
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Friday morning to you all:)
Member: Welcome to a 3 day -Memorial Day weekend!!!!!
Member: Howdy ya'll looking forward to hearing some GREAT INFO today- I hope.
MZ: It is eerily quiet right now. I had the brief bond update that was letting me know they expect their money next week. Other than that -it is painfully quiet.
MZ: This could well be ethe quiet before the storm …or everybody has NDA’s and they are doing a good job keeping everyone quiet.
Member: When I exchange I plan on being quiet as well.
Member: I hear banks are getting ready
MZ: I have heard that as well….and makes me feel good.
Member: I think it could go anytime now
MZ: That is what I hear.
Member: I am very tired of hearing everything is done…..yet nothing ever happens
MZ: Everything is not done until you and I are exchanging….imo
Member: Frank26 reported Iraq said to the people, "If you don't bring in the 3 zero notes we will release a new currency and force you to!
MZ: From Iraq “ Among them is Iraq as Iran proposes formation of 8 country economic development group” this article gave me hope that we will see the Iranian currency in the first basket. This is a similar basket to what Kuwait went in.
MZ: “The association of private banks holds a specialized workshop on regulatory controls of the internal evaluation of the capital adequacy standard”they had a workshop with all the banks explaining all the necessary Basel compliance and requirements they have to meet.
The same things all banks are going through to be part of the international system.
MZ: To me this is a clear indicator that Iraq is about to unleash without restrictions. They would not this if Iraq was not going to have an International currency and International banks.
Member: Marco Rubio making powerful statements. Calling the Kurdistan region “The lynchpin, the centerpiece, the most important part of America's Middle East policy.” Let’s go!!
MZ: “Geologist has discovered the largest copper, gold and silver deposits in the last 3 decades” We are seeing regular discoveries of rare and precious minerals. This one is in Argentina. Assets are important in the new world. Whenever you reset away from fiat- assts become important. The world is positioning for this change.
Member: I wonder what really is the hold up? This is taking forever
Member: Barzani is going to be on Fox at 6PM eastern Brett Bair show.
Member: Will you have a podcast Memorial Day Mark?
MZ: I am planning a podcast for Monday Morning to honor those who paid the ultimate sacrifice to protect our freedoms.
Member: I hope it is also to announce the RV on Monday as well.
Member: DJT wants this BIG celebration beginning Memorial Day. If N/G or RV doesn’t happen, what do people have to celebrate? While we wait, things get worse.
Member: Trump said our 250 year celebration starts on Monday and goes through July 4th.
MZ: Judy Shelton also said we should be back on the gold standard by July 4th 2026.But that does not mean we will not be done before then. There is a lot to happen by that date including you and I exchanging and walking away with wealth.
Member: I hope the RV will start these celebrations.
Member: Realistically: Treasury Secretary Scott Bessent said The Prosperity Announcement is between now and July 4th!
Member: Keep the faith that things will happen soon. And have a wonderful Memorial Day weekend everyone
Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions.
Iraq and the Season of Absolute Powers: No Oversight or Budget... A "Political Emergency" Paralyzes the State
Hopes for the passage of the 2025 budget in Iraq are gradually fading, amid a political landscape marked by legislative stagnation, a nearly paralyzed parliament, and a government seemingly more preoccupied with managing political balances than fulfilling constitutional and financial obligations.
In this context, Member of Parliament Jawad Al-Yasari affirmed on Friday (May 23, 2025) that next year's budget schedules "have become a thing of the past," indicating the impossibility of passing it at the present time.
Absent parliament... no prospect of holding sessions
In a statement to Baghdad Today, the leftist said, "The Iraqi government has no real seriousness in sending the 2025 budget schedules, and even if it did send them—which is unlikely—it would be impossible to pass them in light of a paralyzed parliament, with no sessions, no quorum, and no deputies."
He pointed out that holding parliamentary sessions "has become extremely difficult, due to the preoccupation of blocs, parties, and even MPs themselves with election campaigns and ongoing preparations for the general elections. This means that the new budget schedules will not be discussed or approved, and the Ministry of Finance will continue to work with the remaining 2023 and 2024 budget schedules."
A government in a political impasse
These statements highlight a deeper dilemma facing the Iraqi government, which had pledged at the beginning of this year to submit the budget schedules before the end of the first quarter, according to statements made by Cabinet spokesman Bassem Al-Awadi. However, the passage of months without submitting the schedules reflects either a delay in the government's ability to formulate them within the timeframe, or political considerations preventing their passage amid a tense and unstable parliament.
Finance between reality and maneuver
According to sources from the Ministry of Finance, government spending will not cease in the absence of 2025 budgets, as the provisions of Article (13) of Financial Management Law No. 6 of 2019 allow reliance on previous years' budgets to cover basic current expenditures, most notably salaries, social support, and temporary employment. However, the absence of a budget effectively freezes investment spending, halts new projects, and disrupts the work of ministries and governorates.
The political impasse... when the state is frozen by an unannounced decision
The absence of financial tables is not merely a procedural flaw; it reflects a complex, deeply rooted political crisis. The paralysis of parliament due to electoral polarization and the lack of coordination between the government and the House of Representatives reveal that Iraq's constitutional institutions operate not according to the state's rhythm, but rather according to the rhythm of alliances. This makes major decisions, such as the budget, a direct victim of any political confusion.
In this context, observers believe that the elections have transformed into something resembling a "political state of emergency," in which the state is temporarily frozen, legislation and oversight are halted, projects are suspended, and decisions are postponed. In the absence of an effective parliament, the executive branch is left without institutional balance, opening the door wide open to the expansion of powers in the hands of the executive branch.
Indeed, some warn that repeating this model reinforces the logic of a temporary state—a state run by momentary orders, instructions, and assessments, rather than annual budgets and plans.
The economy is in a state of anticipation... neither recession nor growth
Economically, the absence of a 2025 budget schedule pushes Iraq into a gray zone: not a state of collapse, but also not one of stable growth. Salaries are being paid, and current expenditures are proceeding, but there is no clear economic horizon, no approved spending priorities, and no transparent investment map. This leaves the private sector in a state of "waiting freeze," unable to make expansionary decisions amid the ambiguity of public policies.
Stalled projects are likely to accumulate, domestic and foreign debts lack legislative cover for settlement, and promised development plans are stuck in the drawers of ministerial committees. In the governorates, project implementation is contingent on central allocations that never materialize, and some are managed through primitive "transfers" that reproduce local financial chaos.
Economists agree that the continuation of this pattern deprives the budget of its most important political and economic functions: setting priorities, controlling the deficit, stimulating growth, and distributing wealth fairly.
Management crisis or system crisis?
The absence of budget schedules for next year cannot be reduced to the scene of an absent parliament. Rather, it reflects a structural flaw in the relationship between the authorities, where planning and development priorities are being undermined by political rivalries and electoral gains. While the government continues to spend according to outdated schedules, infrastructure projects, administrative reform, and social service programs remain suspended on the ropes of lost time. link
As of May 23, 2025, Redemption Centers will begin processing live appointments under full GESARA protocol
· According to sources inside two U.S. Treasury branches, the schedule is already being populated with approved Tier 4B participants. This is the moment we’ve all prepared for.
· The redistribution has begun. We’re no longer “about to.” We’re now in motion.
What happens at a Redemption Center?
• You’ll confirm your identity through biometric authentication.
• Your ZIM, Dinar, and Dong holdings will be verified and exchanged at asset-backed rates.
• You’ll receive a digital quantum card tied directly to your sovereign QFS wallet.
• You’ll be briefed on post-exchange asset management, debt clearance, and project support funds.
· Locations are tightly controlled. No drop-ins. You’ll receive your time slot via direct encrypted alert — be ready.
· Security Protocols: • These facilities are protected by military-grade encryption and surveillance. • All activity is recorded through the quantum ledger and cannot be erased.
I risked everything so you could know the truth. Don’t turn away now! Join my channel immediately!
Masrour Barzani invites the US Secretary of State to visit Erbil.
Kurdistan Regional Government Prime Minister Masrour Barzani announced on Friday evening that he had extended an official invitation to US Secretary of State Marco Rubio to visit Erbil.
This came in press statements following his meeting with Rubio in the US capital, where he affirmed that his meeting with the US Secretary of State was "successful," noting that he "extended an official invitation to him to visit the region."
"We discussed with Rubio the latest developments in the region," Barzani said.
This meeting comes as part of Masrour Barzani's official visit to Washington, which includes a series of meetings with US administration and congressional officials to strengthen bilateral relations and discuss regional issues of common interest. link
Comment: Sudani said before his term ends they would bring the dinar back to its former Glory.
MarkZ: His term ends in November. I think he will make this happen. But I do not believe we will be waiting that long.
Question: I wonder - will we will know the "when" ahead of time? Or will it come like a thief? MarkZ: It will come like a thief in the night…imo. I think we will get close watching the signs that it is time to prepare…but no one knows exactly when.
FRANK26: "MY ACCOUNT... MY NEW EXCHANGE RATE".....F26
Rush at TBI as Kurdistan speeds up “My Account” rollout
5/20 2025
Long queues formed outside the Trade Bank of Iraq (TBI) in al-Sulaymaniyah of Iraqi Kurdistan on Tuesday as public employees rushed to complete their registration for the My Account (HISABI) system.
“We arrived early this morning after being informed that the cards were ready,” said Nour al-Din Wali, a government employee from the Garmian Administration. “Without this card, we cannot receive our May salary.”
The My Account initiative—launched under Prime Minister Masrour Barzani and supported by the Central Bank of Iraq (CBI)— allows employees to freely choose among six participating private banks to open their salary accounts and gain access to over 19 monthly banking services, including loans, transfers, and payments, for a nominal fee of 2,500 IQD ($1.9).
The project complements a parallel government initiative, the “domiciliation” system, which assigns employees to specific banks based on agreements between the Ministry of Finance, accounting units, and financial institutions.
Both programs aim to reduce cash dependency, enhance payment security, and combat corruption through improved financial transparency.
The KRG has mandated that all public employees register by May 27, in line with a Federal Supreme Court decision calling for unified salary disbursement mechanisms nationwide.
FIREFLY:Sudani and Alaq...threatened us to bring in our currency...
They say bring in the 3 zeros notes that you Iraqi citizens are hoarding or they will make a new currency and force us to bring in what we have to get this new type of currency.
FRANK: Go talk to Mr. Sammy.
FIREFLY: Mr Sammy says...relax man...
The dinar is gaining strength and it's not gaining strength because the dollar is dropping, no...the dinar is gaining against the dollar in our country.
FRANK: If they threaten you to come out with a new currency to replace the 3-zero notes, why would you call that a threat?
I call that a blessing! They're going to give you the lower notes to replace the 3 zero notes. That's why they're talking about it...
FRANK26: "IRAQ WILL NEED THOUSANDS MORE FOR AI TECHNOLOGY"......F26
By the end of the year, Iraq will launch its first 250-megawatt solar power plant
5/21/2025
Minister Hayan Abdul-Ghani stated on Wednesday that the first solar-powered electricity generation plant in Iraq will be inaugurated by the end of 2025, stressing the ministry's commitment to implementing projects to stop the burning of associated gas and the resulting thermal emissions.
This came in a speech he delivered during the first international conference on carbon economics in Iraq, which was attended by a Shafaq News Agency correspondent in the capital, Baghdad.
In his speech, the minister said, "Iraq has realized the magnitude of the global climate challenge and the rapid economic and technological changes that are imposing themselves on the energy landscape."
He added, "Carbon emission reduction can be transformed into a real opportunity to attract financing and investment, and develop technology through carbon market mechanisms and carbon bonds." He added, "We have already taken steps in this direction, including paving the way for associated gas movement projects, achieving routine flaring by 2029, and preparing projects for carbon emission opportunities, through openness to international markets and bilateral cooperation with international partners."
Abdul Ghani also indicated that "the first solar-powered electricity generation station, with a capacity of 250 megawatts, will be inaugurated by the end of this year."
He continued, "We view carbon as an economic opportunity that can be transformed from an environmental tax into a financial economy through carbon investment, which will contribute to financing strategic projects without burdening the state's general budget.
"
The Oil Minister considered that "this conference represents an important link in the chain of national efforts aimed at building a low-carbon economy, enhancing Iraq's readiness to lead the way in climate leadership mechanisms in line with our commitments to the Paris Climate Agreement, and setting our ambitions to diversify sources of income."
He explained, "Under this agreement, Iraq was committed to reducing emissions by 2% by 2023, but we, the Ministry of Oil, were able to achieve more than this percentage with the first project implemented in Basra Governorate through the implementation of the first phase."
Abdul Ghani continued, "There are projects signed by the Ministry of Oil with several companies aimed at stopping gas flaring. Through these projects being implemented, greenhouse gas emissions will be reduced by more than 23%. This is almost ten times what Iraq committed to at the Paris Conference."