๐Ÿ‡บ๐Ÿ‡ธ๐Ÿค๐Ÿ‡ฎ๐Ÿ‡ถ US PRESIDENT REAFFIRMS STRATEGIC PARTNERSHIP WITH IRAQ

 ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿค๐Ÿ‡ฎ๐Ÿ‡ถ US PRESIDENT REAFFIRMS STRATEGIC PARTNERSHIP WITH IRAQ

On Iraq’s 93rd National Day, President Abdul Latif Jamal Rashid received warm congratulations from former US President Donald Trump. In his message, Trump highlighted:

✨ Iraq’s remarkable achievements this year, including hosting the Arab League Summit in Baghdad
๐ŸŒ Strengthened regional dialogue and cooperation
๐Ÿ’ผ The growing economic partnership between the US and Iraq, confirmed by the US-Iraq Business Council visit

Trump reaffirmed the US’s steadfast commitment to Iraq’s strategic partnership, focusing on:
๐Ÿ”น Promoting regional stability
๐Ÿ”น Enhancing energy security
๐Ÿ”น Preventing the return of ISIS

He wished Iraq peace, progress, and prosperity in the coming year ๐Ÿ™Œ✨.


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FIREFLY REPORT: ๐Ÿ” Iraq Currency Insider Talk: Zero Drop, Basket Peg & Real Rate Incoming! ๐Ÿ’ธ๐Ÿ‡ฎ๐Ÿ‡ถ

๐Ÿ” Iraq Currency Insider Talk: Zero Drop, Basket Peg & Real Rate Incoming! ๐Ÿ’ธ๐Ÿ‡ฎ๐Ÿ‡ถ

From boots on the ground, here’s the scoop:

  • Omar says zeros will be dropped, and lower notes introduced, coexisting with the 3-zero notes at the same rate ๐Ÿ”ข➡️๐Ÿ’ต.

  • The dinar will be pegged to a currency basket — this means the real rate emerges not tied directly to the dollar, but reflecting a true value ๐Ÿ’น⚖️.

  • Frank explains this is an RI (revaluation in basket) followed by an RV, pushing the dinar’s rate possibly up to $3.22 or capped at $4.25 ๐Ÿš€๐Ÿ“ˆ.

  • Firefly shares from Deputy Governor Khalaf: no plan to float the dinar

     exchange rate, meaning the dinar won’t move freely against the dollar but will find value through the basket system ๐Ÿ›‘๐Ÿ’ฑ.

Bottom line? The dinar reset might come without a float, settling at a solid new rate reflecting true economic strength — not just a dollar peg. Big moves ahead! ๐ŸŒ๐Ÿ’ฅ


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⏳๐Ÿ’ธ HAWRAMI: AUGUST SALARY DELAYS DUE TO LIQUIDITY ISSUES IN BAGHDAD — BUT SOLUTION IS COMING SOON! ๐Ÿ‡ฎ๐Ÿ‡ถ✨

 ⏳๐Ÿ’ธ HAWRAMI: AUGUST SALARY DELAYS DUE TO LIQUIDITY ISSUES IN BAGHDAD — BUT SOLUTION IS COMING SOON! ๐Ÿ‡ฎ๐Ÿ‡ถ✨

Peshwa Hawrami, spokesperson for the Kurdistan Regional Government (KRG), explained that the delay in paying August salaries to Kurdistan employees is caused by a lack of financial liquidity at the federal Ministry of Finance in Baghdad ๐Ÿ›️๐Ÿ’ฐ.

➡️ The good news: the problem isn’t difficult and will be resolved soon.
➡️ KRG is working hard to secure 120 billion dinars in non-oil revenues to send to Baghdad and ensure salaries are paid without delays ๐Ÿ’ช๐Ÿ’ต.
➡️ The KRG Council of Ministers approved steps to guarantee salary security and essential services for citizens ๐Ÿ‘ฅ⚙️.

Hawrami confirmed the October payroll is ready and as soon as August funds arrive, they will prepare the money for upcoming payments ๐Ÿ“…✔️.

The KRG calls on the federal government to prioritize transferring non-oil revenues,

reminding that the tripartite oil export agreement is being fully implemented and revenues are already deposited with the federal Ministry of Finance ๐Ÿ›ข️๐ŸŒ.


We stay hopeful and watchful for the employees and people of Iraq. ๐Ÿ™๐Ÿ‡ฎ๐Ÿ‡ถ


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MNT GOAT: ๐Ÿ’ฅ March 2012 Flashback: Iraq’s Zero Removal & Gold Boost ๐Ÿ’ฐ✨

๐Ÿ’ฅ March 2012 Flashback: Iraq’s Zero Removal & Gold Boost ๐Ÿ’ฐ✨

Back in 2012, the Iraqi Central Bank (CBI) was gearing up to remove zeros from the dinar — but only with government approval and a parliamentary referendum ✅๐Ÿ›️.

Here’s the scoop:

  • ๐Ÿ”ข Zero removal = technical step to simplify money, not an instant value change. Real rate adjustment expected later.

  • ๐Ÿช™ Gold reserves doubled from 90 to 170 tons as a safety net to back the currency and fight inflation ๐Ÿ“ˆ๐Ÿ›ก️.

  • ๐Ÿค” Citizens were holding onto old notes, waiting for the new rate — the CBI needed incentives (likely a rate bump) to bring cash back into banks ๐Ÿ’ต➡️๐Ÿฆ.

  • ๐Ÿ“‰ Inflation was key — the CBI planned careful monitoring before adjusting foreign exchange rates.

  • ๐Ÿฆ Banking reforms included a new National Bank to protect incoming funds, while weaker banks faced closure or consolidation ๐Ÿ”„.

  • ๐Ÿ”„ All signs pointed to a major currency & economic reset, a long-term plan inching closer to reality.

This 2012 blueprint mirrors the moves we’re seeing now in 2025 — proving the groundwork has been laid for years! ⏳๐Ÿš€

๐Ÿšจ Liquidity Alert: August Salary Delays & The Zero Removal Puzzle ๐Ÿฆ๐Ÿ’ธ

Recent news reveals a critical liquidity crunch in Baghdad impacting August salary payments to Kurdistan Region employees ⏳๐Ÿ’ฐ. Peshwa Hawrami of the KRG says the problem “will be resolved soon” — but how? ๐Ÿค”

Here’s the connection:

  • The federal Ministry of Finance is low on cash — could this be why the Central Bank of Iraq is pushing to retrieve hoarded notes through the Zero Removal project? ๐Ÿฆ๐Ÿ”ข

  • A new National Bank opening before year-end is ready to handle the incoming liquidity ๐Ÿ’ณ๐Ÿฆ.

  • These pieces suggest the long-awaited zero removal and currency reform may finally be moving forward ๐Ÿš€.

Are you seeing the big picture? The clock is ticking, and the financial gears are turning! ⏰✨

Let’s keep praying for Iraq’s prosperity and bright future ๐Ÿ™๐Ÿ‡ฎ๐Ÿ‡ถ.


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๐Ÿ’ฅ REMOVING ZEROS & GOLD RESERVES: Will the Iraqi Dinar Survive? ๐Ÿ’ฐ๐Ÿ‡ฎ๐Ÿ‡ถ

 ๐Ÿ’ฅ REMOVING ZEROS & GOLD RESERVES: Will the Iraqi Dinar Survive? ๐Ÿ’ฐ๐Ÿ‡ฎ๐Ÿ‡ถ

The Central Bank of Iraq is at a critical crossroads — planning to remove zeros from the dinar ๐Ÿ’ธ, while doubling gold reserves from 90 to 170 tons ๐Ÿช™✨! This move aims to ease the burden on banks by reducing storage & transport costs and improve cash flow efficiency ๐Ÿš›๐Ÿฆ.

Deputy Governor Ammar Khalaf confirms:

  • No plan to float the dinar exchange rate ๐Ÿšซ๐Ÿ’ฑ.

  • Removing zeros is a technical reform to simplify money handling, not a magic fix for inflation or economic crises ⚙️๐Ÿ“‰.

Economist Ahmed Al-Tamimi warns:

  • Zero removal doesn’t increase purchasing power, but helps reduce errors and ease transactions ✅๐Ÿงพ.

  • Success hinges on comprehensive economic reforms and inflation control to avoid “silent inflation” traps ๐Ÿ”๐Ÿ”ฅ.

  • Other countries like Turkey ๐Ÿ‡น๐Ÿ‡ท and Ghana ๐Ÿ‡ฌ๐Ÿ‡ญ succeeded with good planning; Zimbabwe ๐Ÿ‡ฟ๐Ÿ‡ผ and Venezuela ๐Ÿ‡ป๐Ÿ‡ช failed without it.

This step could be a game changer if combined with strong financial discipline, or just a cosmetic move masking deeper issues ๐Ÿค”⚠️. Strengthened gold reserves provide moral support but can’t replace strict fiscal control and public trust ๐Ÿ›ก️๐Ÿ’ผ.

Iraq stands at a monetary crossroads — will this reform boost confidence or just delay tougher choices? Time will tell... ⏳๐ŸŒ


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๐Ÿš€ Thursday Coffee with MarkZ: Is the RV Finally Here? ๐Ÿ’ธ

 ๐Ÿš€ Thursday Coffee with MarkZ: Is the RV Finally Here? ๐Ÿ’ธ

Highlights from 10/16/2025 by PDK (Not verbatim):

  • Excitement & Rumors: Members feel “one foot over the finish line,” with lots of chatter about big moves from Iraq and possible weekend updates.

  • Bond Updates: No new bond news yet, but two people have appointments soon—hoping for solid updates or payments.

  • Dubai Funding: Buzz that Dubai 1 is funded; redemption centers are on standby, just waiting for the “GO” signal.

  • IRS & Market Talk: IRS staff are feeling the pressure with many staying home. MarkZ thinks the market reset will happen before any crash, possibly as a controlled correction.

  • Trump Announcement: Anticipation around a big announcement from Donald Trump in the afternoon.

  • Iraq’s Banking Reform: Iraq’s leadership is pushing for full integration into the global banking system—no more restrictions, paving the way for dollar dealings and investments.

  • Gold & Currency: Gold rising reflects declining confidence in the US dollar; discussions about the IQD RV trigger remain, possibly involving CBI, IMF, Chinese elders, or US Treasury.

  • Timelines: Many watch for the reset before Iraq’s Nov 11 elections or the holiday season for a “wonderful Christmas.”

Lots of excitement, hope, and prep happening behind the scenes! Stay tuned, watch official updates, and always consult professionals for financial decisions.


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