⚠️ IMPORTANT DISCLAIMER
This article reflects Mnt Goat’s opinions and commentary, including information reportedly shared by a Central Bank of Iraq (CBI) contact.
All information is unofficial, opinion-based, and unverified.
This is not financial advice.
🇮🇶 MNT GOAT: IRAQ UNDERSTANDS THE U.S. ROLE IN REFORM
According to Mnt Goat, the people of Iraq increasingly recognize that the United States’ presence is intended to support and stabilize Iraq’s progress, particularly during Prime Minister al-Sudani’s first term.
One of the most critical components of that progress is the financial and monetary reform, which includes:
Reinstatement of the Iraqi currency
Modernization of the banking sector
Completion of long-delayed currency reforms
Mnt Goat emphasizes that currency reform is not optional—it is foundational to Iraq’s long-term economic success.
🏦 CBI CONTACT UPDATE: CURRENCY SWAP-OUT STILL PENDING
Mnt Goat reported speaking with her Central Bank of Iraq (CBI) contact over the weekend. According to that conversation:
The committee is still waiting for final authorization
The directive needed is to begin the currency swap-out
The plan was originally scheduled for the last week of December
The process was stalled due to political reasons
⏳ This confirms that technical readiness exists, but political clearance is the bottleneck.
⚠️ THE IRANIAN ISSUE: A KEY DELAY FACTOR
Mnt Goat shared her personal belief that the currency swap-out and reinstatement will not proceed until the Iran-related political issues are resolved.
This aligns with:
Regional security concerns
Iranian influence within Iraqi politics
The need for stability before executing a major monetary transition
🌍 Large-scale currency reforms historically require political calm and regional balance.
🔑 THE OFFICIAL IRAQI CURRENCY PLAN (ALREADY PUBLISHED)
One of the most important points Mnt Goat makes is that Iraq has already publicly outlined its full currency reform plan.
According to official Iraqi statements in recent months, the sequence is:
📉 Step 1: Removal of the Zeros
Redenomination of the currency
Simplification of accounting and pricing
Public education phase
📈 Step 2: Revaluation
Adjustment of the currency’s value
Restoration of confidence
Improved purchasing power
🔗 Step 3: New Peg & Reinstatement
Establishment of a new exchange-rate mechanism
Reintegration into global markets
Full reinstatement of the Iraqi dinar
📜 This plan is no longer speculation—it has been openly discussed by Iraqi officials.
⭐ FEATURED SNIPPET
What is Iraq’s official currency reform plan?
According to Mnt Goat, Iraq has publicly outlined a three-step process: removal of the zeros, followed by a revaluation, and finally a new peg and full currency reinstatement.
💡 WHY REINSTATEMENT IS NON-NEGOTIABLE
Mnt Goat stresses that true revitalization of Iraq’s financial sector cannot succeed without completing the reinstatement project.
Without it:
Banking reforms stall
Foreign investment hesitates
Economic growth remains constrained
🏗️ At some point, Iraq must “pull the trigger” to move forward.
❓ Q&A: KEY QUESTIONS ANSWERED
❓ Is the currency reform plan official?
Yes. According to Mnt Goat, Iraqi authorities have publicly outlined the plan.
❓ Why hasn’t the swap-out started?
Political delays and unresolved regional issues, particularly involving Iran.
❓ Was it supposed to happen already?
Yes. The swap-out was reportedly planned for late December.
❓ What triggers reinstatement?
Completion of political prerequisites and final authorization to proceed.
❓ Does this mean the RV is canceled?
No. Mnt Goat believes it is delayed, not canceled.
🧠 KEY TAKEAWAY
Iraq’s currency reform is planned, documented, and inevitable, but timing depends on political stability, not technical readiness.
“Enough said.” — Mnt Goat
⚠️ FINAL DISCLAIMER
This article is informational only, based on opinions and reported conversations. It is not financial advice. Always conduct independent research and consult professionals.
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Mnt Goat
I believe the people of Iraq... realize the U.S. is there to help continue the progress of al-Sudani’s first term in office. Part of that work is the reinstatement and the change over of the currency.
In speaking to my CBI contact over the weekend she has said her committee is still waiting for the direction to begin the swap out of the currency. She told me it was planned for the last week in December but was stalled due to political reasons. My personal belief is that it will not occur until this Iranian issue is resolved.
.along the way, at some time they will have to pull the trigger on the reinstatement project and get it done for any real revitalization of the financial sector to be successful ... they...actually came out in recent months and outlined the entire plan for us all to see. It states first the removal of the zeros which leads to a revaluation and then a new peg and reinstatement. Enough said