Friday, December 26, 2025

MarkZ Update: $100M European Bank Financing Confirms Iraq as Safe & Stable

In the latest MarkZ update (via PDK), a major international banking development is drawing attention across the financial community. A $100 million financing package from a European institution signals growing confidence in Iraq’s stability, reconstruction, and long-term investment outlook—while questions around the RV timeline and HCL progress remain front and center.

As always, this reflects opinion and interpretation, not financial advice.

⚠️ MarkZ Disclaimer

Please consider everything on this call as my opinion. People who take notes do not catch everything and it’s best to watch the video to get everything in context. Be sure to consult a professional for any financial decisions.

Major Banking News: A Strong Vote of Confidence

Article Highlight

“National Bank of Iraq receives $100 million in financing from the European Bank for Reconstruction and Development.”

According to MarkZ:

“They believe Iraq is a safe, stable, and attractive investment atmosphere.”

🌍 Featured Snippet: Why This Deal Matters

A $100 million financing agreement from a European development bank signals international confidence in Iraq’s security, governance trajectory, and economic reforms—key prerequisites for sustained growth and broader monetary progress.

Why Institutional Financing Is So Important

This type of funding typically requires:

  • Political and regulatory stability

  • Transparent banking practices

  • Reduced sovereign risk

  • Long-term economic viability

For many observers, this move:

  • Reinforces Iraq’s international credibility

  • Supports ongoing reconstruction and development

  • Aligns with broader financial normalization

RV Timing: Is January 2nd Still in Play?

Community Question

Q: “Mark, do you still think the RV will happen around January 2nd?”

MarkZ:

“I think it will… but no one knows the timing.”

Key takeaway:

  • January 2nd remains a possibility

  • No firm dates are guaranteed

  • Timing remains fluid and conditional

HCL Status: Progress, But Not Finished

Community Question

Q: “Is HCL done?”

MarkZ:

“Not yet. We know they have made a lot of progress last week according to articles.”

This suggests:

  • Continued negotiations and alignment

  • Forward momentum, but no final passage yet

  • HCL remains a critical piece tied to broader reforms

How This Fits the Bigger Picture

When viewed together:

  • International financing

  • HCL progress

  • Ongoing reconstruction

  • Strengthening banking sector

…these developments reinforce the narrative that Iraq is positioning itself for deeper global integration.

Q&A – Quick Clarifications

Q: Does this bank deal confirm an RV?

A: No. It confirms confidence and stability, not a rate announcement.

Q: Why is European financing significant?

A: These institutions are conservative and risk-averse, signaling strong confidence.

Q: Is January still important?

A: Many observers, including MarkZ, still view early January as a key window, though timing is uncertain.

Q: Is HCL required before RV?

A: It’s widely believed to be an important component, but progress continues.

Final Thoughts

The $100 million European financing deal adds real-world validation to years of reform efforts. While RV timing remains uncertain , institutional confidence, legislative progress, and reconstruction funding all point toward a country moving forward.

Patience, perspective, and careful observation remain essential.

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MarkZ 

  [via PDK]  

Article:  “National Bank of Iraq receives $100 million in financing from the European Bank from reconstruction and development”   If you are looking for someone to put an exclamation mark on the phrase “safe and stable” …here you go. This is not a company to roll the dice investing. They believe Iraq is a safe and stable and attractive investment atmosphere. 

 Question:  Mark, do you still think RV will happen around January 2nd?  MarkZ:  I think it will…but no one knows the timing. 

 Question:  Is HCL done?  MarkZ:  Not yet. We know they have made a lot of progress last week according to articles. 


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WOLVERINE:“ This was the holdup… now we are ready to go" @DINARREVALUAT...

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SUDANI DIRECTS A COMPREHENSIVE EVALUATION AND RESTRUCTURING OF TAX ADMINISTRATION SYSTEMS IN IRAQ

SUDANI DIRECTS A COMPREHENSIVE EVALUATION AND RESTRUCTURING OF TAX ADMINISTRATION SYSTEMS IN IRAQ

December 18, 2025 

On Thursday, outgoing Prime Minister Mohammed Shia al-Sudani directed that a comprehensive evaluation and restructuring of all tax administration systems in Iraq, including their specific policies, be carried out.

This came during his chairmanship of a special meeting to follow up on the implementation of the comprehensive tax system governance, in the presence of senior staff of the General Authority for Taxes and relevant institutions, and representatives of the consulting firm “Oliver Wyman”, according to a statement issued by the Sudanese Media Office.

The statement said that the meeting reviewed previous efforts to follow up on the comprehensive development of the tax administration sector through reform steps, most notably attracting specialized international companies to work on the integrated automation of tax departments, and a detailed presentation was given to these companies.

Al-Sudani also directed the Supreme Committee for Tax Reform to study the Oliver Wyman program in planning and implementation and to submit a detailed report on it, as this program included an integrated work methodology for reforming and developing tax administration, as a fundamental and pivotal pillar for increasing sustainable government revenues, in order to reach a tax administration that is characterized by transparency and fairness, and contributes to raising Iraq’s financial and investment ranking.

According to the statement, the meeting reviewed a number of similar experiences in Arab countries, the extent of development that has occurred in their work, and the amount of tax increases achieved during the first year of implementation.

Iraq had the highest income tax rate among Arab countries for the year 2024, according to infoflix.

Recent economic data seen by Shafaq News Agency shows that Mauritania topped the list of Arab countries in terms of the highest income tax rates for 2024 at 40%, followed by Morocco at 38%, then Algeria and Tunisia at 35% each. Egypt came in fifth place with 26%, followed by Lebanon with 25%, followed by Syria in seventh place with 22%, while Jordan came in eighth place with 20%. Iraq and Sudan came in last place with 15% each, reflecting a clear disparity in tax policies among Arab countries.

Economic experts believe that the decline in the income tax rate in Iraq is due to ongoing efforts to attract investments and stimulate the private sector, in light of the economic challenges facing the country, especially the heavy reliance on oil revenues.

The tax system in Iraq also continues to face difficulties in implementation and modernization, which affects the state’s ability to maximize non-oil revenues.

At the end of August, Al-Sudani confirmed that Iraq faces a major economic challenge, namely the priority of reform and the transition to a diversified economy, noting that the size of public spending in each fiscal year amounts to about 150 trillion dinars, compared to tax revenues that do not exceed 3 trillion.

In a speech during the tax conference for economic development and revitalizing the investment environment held in Baghdad, Al-Sudani said, “The general budget amounts to about 150 trillion dinars annually, compared to tax revenues that do not exceed 3 trillion, and these figures need to be examined and reviewed.”

He added that “reform decisions in the economic field were previously exploited within the framework of slogans and pressure on official institutions,” noting that “the government sponsored the tax system reform conference in December 2023, which came out with a package of important recommendations.”

He explained that “Cabinet Resolution (24074 of 2024) put the tax reform packages into effect, followed by the formation of the Supreme Committee for Monitoring Tax Reform,” indicating that “the efforts resulted in international interest from investors in tax reform in Iraq.”

Al-Sudani added that “the government worked to increase non-oil resources despite great caution due to the absence of a supportive political and social environment,” noting that “the index rose from 7% in 2022 to 14% in 2024.”

He noted that “tax revenues increased by 26% during 2024 compared to the previous year, and by 3% in the first half of this year compared to the same period last year,” stressing that “digital transformation has contributed to enhancing tax capacity and accuracy.”

Al-Sudani explained that “the tax inquiry platform has eliminated cases of name similarity, delays, corruption, and undermining the taxpayer’s confidence in tax procedures,” adding that “the system for tax payment receipts and their matching has been completed electronically after it was previously paper-based.”

He affirmed that “there is ongoing communication with reputable international companies to work towards achieving the highest international standards in the tax system,” stressing that “the draft of the new income tax law has adopted international standards, while adhering to social justice and tax allowances for those with lower incomes.”

He pointed out that “the new law that will be enacted soon will be business-friendly and supportive of the green economy and emerging projects,” indicating that “the Supreme Committee for Tax Reform has completed the policy paper on tax accounting for oil companies to address the problems and obstacles to their work.”

Al-Sudani added that “unifying tax procedures between the federal government and the Kurdistan Regional Government of Iraq has facilitated the processing of tax files for universities and private banks,” stressing that “the reforms being achieved represent a message to the citizen to support his political system and manage resources in the best possible way.”

He concluded by saying: “We will not allow a tax increase that leads to a business-repelling climate or comes at the expense of fairness in taxation.”

Shafaq.com

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Sandy Ingram Update: Iraq’s Militia Crisis, Sovereignty Under Pressure & Economic Consequences

International news feeds have suddenly intensified with alarming developments out of Iraq. According to Sandy Ingram, conflicting positions among Iran-backed militias are placing Iraq in a dangerous position—politically, economically, and diplomatically.

This situation highlights why security, sovereignty, and economic confidence are deeply interconnected.

As always, this update reflects analysis and opinion, not financial advice.

⚠️ Disclaimer

All commentary is based on opinion and interpretation of public information. Geopolitical situations evolve rapidly. Always consult professional advisors before making financial decisions.

Breaking Developments: Militias Split on Disarmament

Conflicting Signals from Iran-Backed Groups

According to Sandy Ingram:

This dynamic places Iraq in an extremely fragile position.

🌍 Featured Snippet: Why Iraq Is Being “Held Hostage”

When armed groups demand political outcomes in exchange for disarmament, the state loses full authority. According to Sandy Ingram, this effectively means Iraq’s sovereignty is being held hostage, undermining both governance and economic stability.

Regional Tensions & the Risk of Escalation

Israel, the U.S., and Iraq’s Dilemma

Sandy warns:

  • Israel has allegedly wanted to strike Iraq for over a year

  • The U.S. government has so far restrained Israel

  • However, the U.S. may be losing its ability to manage the situation

“It doesn’t look like the US government can handle it.”

This creates a dangerous scenario:

  • Iraq forcing disarmament could trigger civil war

  • Israel intervening could trigger regional escalation

  • Neither option is acceptable

Why Forced Disarmament Is So Risky

According to Sandy Ingram:

  • Forcing militias to give up weapons abruptly could cause:

    • Immediate internal conflict

    • Large-scale instability

  • But allowing militias to remain armed:

    • Undermines state authority

    • Weakens investor confidence

    • Signals divided sovereignty

This is a lose-lose scenario if mishandled.

Economic Impact: Why Investors Are Watching Closely

Two Centers of Power = Fragile Economy

Sandy highlights a core issue:

  • A country cannot fully move forward with:

    • One government

    • And independent armed groups

Key consequences:

  • Difficulty forming stable governments

  • Reduced foreign investment

  • Lack of public confidence

  • Fragile economic outlook

“As long as weapons remain outside government control, Iraq’s sovereignty appears divided.”

Some Hope, But No Clear Path Yet

Sandy notes:

  • Some militias are signaling flexibility

  • Others are digging in deeper

  • The Iraqi government is caught:

    • Trying to assert authority

    • Without triggering chaos

“I believe things will work out, but right now I don’t see how.”

Q&A – Key Takeaways for Observers

Q: Why does militia disarmament matter for the economy?

A: Stability and rule of law are essential for investment, growth, and currency confidence.

Q: Can Iraq move forward without resolving this?

A: Long-term stability remains uncertain as long as armed groups operate independently.

Q: Is foreign intervention likely?

A: Sandy suggests the risk exists if Iraq cannot assert control internally.

Q: Does this affect monetary reform and the dinar?

A: Security and sovereignty are foundational—without them, economic confidence remains fragile.

Final Thoughts

Sandy Ingram’s analysis underscores a hard truth:

  • Economic reform cannot outpace political and security reform

  • Sovereignty must be unified

  • Stability must be credible—not conditional

How Iraq navigates this moment will shape:

  • Its political future

  • Its economic credibility

  • Its ability to function as a fully sovereign nation

For now, patience, awareness, and hope remain essential.

“Send positive thoughts and energy to Iraq. They need all they can get.”

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 Sandy Ingram  

 The international news feeds just blew up...The Iran backed militants, some of them are saying, 'Yes, we will disarm.' But other Iran backed militants are saying, 'No way in hell are we going to give up our weapons.'  They even sent a letter...Some of the Iran backed militant groups will disarm if certain people are elected president and prime minister. 

 That means Iraq is now being held hostage...This is a mess...Israel has been wanting to attack Iraq for over a year.  The only reason why they haven't done it is because the US government has said, no, no, no, no, no let us handle this.  But it doesn't look like the US government can handle it...For Iraq to make them give up the weapons would be an instant civil war.  We don't want that.  But we also don't want Israel to go in and kick their behinds...they're not playing...Send a positive thought and energy to Iraq.  They need all they can get..

.The US is telling them we're not going to be able to protect you unless the Iraqi militants are disarmed...I believe things will work out but right at this moment I don't see how...​

The presence of independent armed groups makes it harder to form stable governments, attract foreign investment and reassure citizens that the state, not militias is in charge...As long as weapons remains outside government control Iraq's sovereignty appears divided.  Economic confidence remains fragile...Long term stability remains 

uncertain. A country cannot fully move forward when there are two centers of power...Some militias are signaling flexibility.  Others are digging in deeper.  The Iraqi site is caught in between trying to assert authority without triggering further instability.  How this unfolds will shape Iraq's...ability to function as a fully sovereign nation.
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"Dinar Drama Unfolds: Rumors of $6.08 vs. $4.81 – MarkZ Breaks Down the ...

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TRUMP ENVOY AND JOE WILSON: WE WILL MAKE IRAQ GREAT AGAIN

TRUMP ENVOY AND JOE WILSON: WE WILL MAKE IRAQ GREAT AGAIN

Washington – Mark Savaya, President Donald Trump’s envoy, wrote on the “X” platform (formerly Twitter) on Thursday that he met with US Congressman Joe Wilson and it was a “great meeting.” “It was a great meeting with U.S. Congressman Joe Wilson and his team,” Savaya said in his post, adding, “We will make Iraq great again.”

For his part, Republican US Representative Joe Wilson wrote on the “X” platform that he was pleased to host Mark Savaya, the US Special Envoy to Iraq, in his office for a meeting he described as important regarding Iraq.

Wilson, who is known for raising controversial issues and making provocative statements, particularly regarding Iraq and the Middle East, added: “I look forward to working with the Special Envoy to bring prosperity to Iraq and liberate it from Iran,” noting that “there is no one more qualified than him to work on this issue for President Trump.”

US Representative Joe Wilson posted a picture of himself with Trump’s envoy, holding the Iraqi flag, with the American flag behind them and the new Syrian flag beside it.

Shafaq.com

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Jeff Update: Does Iraq Need a Completed Government to Change the Dinar Rate?

 One of the most common questions in the dinar community is whether Iraq must have a fully formed and completed government before the dinar rate can change. In his latest commentary, Jeff directly addresses this issue, offering insight into caretaker governments, Central Bank autonomy, and recent international recognition events.

As always, this perspective represents analysis and opinion, not financial advice.

⚠️ Disclaimer

All information shared is opinion-based and for educational purposes only. Political and monetary decisions can change at any time. Always consult a qualified professional before making financial decisions.

The Big Question: Does Iraq Need a Fully Formed Government?

Caretaker Government Explained

Jeff explains that while Iraq’s government is still forming, it operates as a “caretaker government.”

This means:

However, this limitation applies to the government, not the Central Bank of Iraq (CBI).

CBI Autonomy: Why It Matters

The Central Bank Is Independent

According to Jeff:

  • The CBI is autonomous

  • It is separate from the physical government

  • It does not require parliamentary approval to adjust the currency value

“The Central Bank can change the value of the currency whenever they want.”

This distinction is critical and often misunderstood.

🌍 Featured Snippet: Can the Dinar Rate Change Without a Government?

According to Jeff, there is no verifiable requirement that Iraq must have a fully formed government before the dinar rate can change. The CBI operates independently, and rate changes fall under monetary authority—not legislative authority.

Sovereignty, Stability & the UN Announcement

What Happened Last Weekend?

Jeff describes recent events as:

  • A graduation ceremony

  • Public recognition of Iraq’s:

    • Sovereignty

    • Stability

  • A milestone that needed to be announced to the world by the United Nations

“That had to be publicly announced to the world by the UN before the rate could change, IMO.”

Why International Recognition Is Key

Jeff believes:

  • Iraq needed global acknowledgment

  • Stability and sovereignty had to be internationally recognized

  • This step removes external objections to monetary changes

In his opinion, this milestone has now been achieved.

Jeff’s Opinion on Timing

Jeff concludes:

  • The required sovereignty and stability recognition already occurred

  • The condition he believes was necessary has been met

  • In his opinion, it happened last weekend

This interpretation suggests Iraq may now be monetarily unencumbered, regardless of government formation status.

Q&A – Community Clarifications

Q: Can a caretaker government change the dinar rate?

A: The caretaker government does not control the rate—the CBI does.

Q: Is the Central Bank truly independent?

A: Yes. The CBI is legally autonomous from Iraq’s legislative and executive branches.

Q: Does the UN need to approve a rate change?

A: Not directly, but international recognition of sovereignty and stability may remove political barriers.

Q: Did the rate already change?

A: Jeff believes the final prerequisite occurred, but no official rate announcement has been confirmed.

Final Thoughts

Jeff’s analysis highlights a crucial distinction:

  • Government formation affects legislation

  • Central bank autonomy governs currency value

If sovereignty and stability are now internationally recognized, Iraq may no longer be constrained by political timelines when it comes to monetary action.

As always, patience and discernment remain essential.

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Jeff 

 Question:  "Do they have to have a fully formed completed government to change the rate?"  That's questionable.  While the government is in a forming state, they're considered a 'caretaker'.  They have very limited access to Iraq funds and monies...

The Central Bank can change the value of the currency whenever they want.  Why?  Because the central bank is autonomous separate from the physical government...Do they have to have a formed completed government before the rate can change?  We have no way of verifying that.

  What happened last weekend was like a graduation ceremony of achieving sovereignty and stability that had to be publicly announced to the world by the UN before the rate could change, IMO, and it did.  It happened last weekend.


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Iraq’s Central Bank Moves Fast: Zero Removal & Dinar Reinstatement Set to Shake Up 2026 Budget! 💥💰"

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AMONG THE MOST PROMINENT SOLUTIONS ARE REDUCING EXPENSES AND SALARIES… AN ECONOMIC EXPERT PRESENTS SOLUTIONS TO THE FINANCIAL CRISIS IN IRAQ

AMONG THE MOST PROMINENT SOLUTIONS ARE REDUCING EXPENSES AND SALARIES… AN ECONOMIC EXPERT PRESENTS SOLUTIONS TO THE FINANCIAL CRISIS IN IRAQ

 On Friday, the head of the “Iraq Future” Foundation, economist Manar Al-Obaidi, ruled out the possibility of non-oil financial revenues replacing oil revenues in covering the expenses of the Iraqi state and the monthly salaries of employees and workers in the public sector in the country.

This came in a post by the economic expert on the social networking site “Facebook” in which he spoke about what is being circulated about the possibility of the country being exposed to a severe financial crisis, according to what media reports indicate recently.

Al-Ubaidi criticized what he called “the proliferation of rosy voices that sell people illusions closer to dreams than to reality,” which claim that money is available, revenues are sufficient for the salaries of all employees, and that the crisis will be resolved as soon as the salaries of special grades are reduced, saying that “this is an emotional speech that is not based on numbers, its goal is to tickle the feelings of the ordinary citizen and numb him, not to be honest with him.”

He added that “the state’s expenditures in the current situation cannot be covered unless the issue of salaries is addressed in a radical and genuine way, and not through patchwork solutions,” noting that “all non-oil revenues, no matter how much they increase, will not be a substitute for oil, and will not cover more than 10–15% of the state’s operational needs.”

Al-Ubaidi pointed out that “there is no resource today capable of compensating for oil,” adding that “everything that is being traded about sulfur, phosphate, silica and others, even if sold as raw materials, will not exceed $300 to $500 million in revenue annually.”

The economist also considered that “talking about strategic industries, from refineries to manufacturing industries, is correct in principle, but not timely,” noting that “these projects need at least five years to become productive, in addition to the availability of huge financing and liquidity that is not currently available.”

He pointed out that “the real problem is that Iraq is not only facing a crisis of revenues and expenditures, but also a deficit in creating a real economy outside of oil.

Al-Ubaidi concluded that “there is no solution without reducing expenditures, boldly addressing the issue of salaries, providing real, not merely slogan-based, support for the private sector, and restoring trade balance with countries away from oil rents.”

He continued, saying, “Anything else is just wishful thinking and a joke on the citizen who is meant to believe that the crisis can be solved with simple measures, while the truth is much harsher and more complicated.”

In March 2021, Mazhar Muhammad Salih, the Prime Minister’s advisor for financial affairs, confirmed in an interview with Shafaq News Agency that the reasons for the economy remaining rentier are due to the wars and the imposition of the economic embargo on Iraq during the past era, and what we are witnessing today in terms of political conflicts has led to the dispersal of economic resources.

The Iraqi state’s continued reliance on oil as the sole source of the general budget puts Iraq at risk from global crises that occur from time to time due to the impact on oil, which makes the country resort each time to covering the deficit by borrowing from abroad or internally, and thus indicates the inability to manage state funds effectively, and the inability to find alternative financing solutions.

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Mnt Goat Update: Iraq Disarmament, New Parliament, and the January Dinar Window

New insights from Mnt Goat focus on a critical convergence of events in Iraq: militia disarmament mandates, the seating of a new parliament, budget timing, and the long-anticipated removal of the zeros. Together, these elements may define Iraq’s next major financial and political chapter.

As always, this update reflects analysis and opinion, not financial advice.

⚠️ Disclaimer

All information shared is based on opinion and interpretation. Statements from officials, articles, and timelines may change. Always consult a professional before making any financial decisions.

Militia Disarmament: A Key Investor Concern

Article Insight

“Savaya is pleased with the factions’ movements and stipulates a complete and irreversible disarmament.”

According to Mnt Goat:

“Statements alone are not enough.”

This is especially important because:

  • The United States has issued mandates to Iraq regarding stability

  • Compliance could remove a major obstacle to economic normalization

Why the Timing Matters

Mnt Goat notes that December 29 is only days away, and this date could be pivotal:

  • It coincides with major political milestones

  • It aligns with expectations around CBI monetary action

“Personally, I believe the CBI wants to begin the removal of the zeros around this timeframe.”

New Parliament Session Set for December 29

Official Presidential Decree

  • The President of the Republic has formally set:

    • December 29 as the first session of the new parliament

This is critical because:

  • Key legislation cannot advance without a seated parliament

  • Budgets, reforms, and international agreements depend on parliamentary approval

The 3-Year Budget & What Comes Next

Tripartite Budget 2026–2028

Mnt Goat confirms:

  • Iraq intends to attempt another three-year budget

  • Covering 2026–2028

  • It cannot be opened or implemented until:

    • The new parliament is seated

    • The budget is voted on and passed

This legislative step is directly tied to monetary reform timing.

🌍 Featured Snippet: Why January Is Still Important

Former CBI Governor Dr. Shabibi stated that January is the best opportune time to reinstate the dinar at a significant rate, because:

  • The annual budget is expected to:

    • Open

    • Be allocated

    • Begin spending in January

Mnt Goat cautions:

  • This exact timing may not fully materialize

  • But events may occur very close to this window

Removal of the Zeros: CBI Readiness

According to Mnt Goat’s analysis:

  • The Central Bank of Iraq prefers to act:

    • During political stability

    • Around fiscal transitions

  • Late December / early January fits this pattern historically

The alignment of:

  • Parliament seating

  • Budget preparation

  • Security normalization

…creates an environment the CBI has long waited for.

Q&A – Investor Focused Questions

Q: Is militia disarmament really that important?

A: Yes. Stability and sovereignty are essential for international trust and investment.

Q: Is December 29 a confirmed RV date?

A: No. It is a political milestone, not a rate announcement.

Q: Will Iraq definitely start the 3-year budget?

A: Iraq intends to try again, but it depends on parliamentary approval.

Q: Is January still the best window for dinar reinstatement?

A: According to Dr. Shabibi and Mnt Goat, January remains optimal, even if timing shifts slightly.

Final Thoughts

Iraq is approaching a moment where:

  • Political legitimacy

  • Security enforcement

  • Fiscal readiness

  • Monetary reform

…are converging.

While no guarantees exist, the pieces long discussed are finally moving into place, and the coming days and weeks may clarify Iraq’s next decisive step.

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 Mnt Goat 

 Article:  “SAVAYA IS PLEASED WITH THE FACTIONS MOVEMENTS AND STIPULATES A COMPLETE AND 

IRREVERSIBLE DISARMAMENT” As investors our worries about these militias could be over...I believe that if these militias must show some sort of ‘good faith’ disarmament in the coming days...the U.S. might be satisfied with this mandate they have made to Iraq.  

Remember “Statements alone are not enough.” However, we don’t know what will happen and December 29th is just a [few days] away. Personally, I also believe that the CBI wants to begin to conduct the removal of the zeros right around this timeframe and so we will see what happens.  

The President of the Republic issued a presidential decree on Tuesday setting the date for the first session of the new parliament on December 29...We have been told that Iraq is going to try the 3-year budget again and there will be another tripartite budget for 2026-2028 and it can’t be opened until it is voted on and passed in the new  parliament ...Remember the reasoning behind Dr Shabibi telling us that January is the “best opportune time to reinstate the dinar with a significant rate” is that the annual budget its supposed to be ready to open and allocated out to spend in January...  obviously, this may NOT going to be the case but it may be close.
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⚠️💥 #iqdrevaluation 🚨 BREAKING THROUGH: Redemption Ends, Iraq’s Rebuild Starts NOW! 🔑🏗️ #iqd #dinaresgurus

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