π¨ MNT GOAT UPDATE: Financial Crisis or Strategic Reform?
MNT GOAT
In the article titled “ACKNOWLEDGING THE FINANCIAL CRISIS, MP SAYS CHANGING THE DOLLAR EXCHANGE RATE IS WITHIN THE PURVIEW OF THE NEXT GOVERNMENT”.
Just so you know this article is NOT about an RV like we would like to see. It is about combating the parallel market so the dinar can rise against the dollar. It might lead to the RV but first things first……
Former MP Baqir al-Saadi acknowledged on Monday (February 9, 2026) the existence of a financial crisis in Iraq, while indicating that changing (killing) the exchange rate of the dollar in the parallel market will be within the powers of the next government. Oh…. but isn’t the CBI already doing this? I would certainly not call it a “financial crisis” as the CBI has told us many times their strategy is working, just let it take time.
He added that “the past few weeks have seen many opinions put forward to address the salary crisis, including moving the exchange rate upwards, but such a step can only be taken by the next government,” noting that “the new government will form a high economic committee to study the financial and economic situation in the country and develop objective solutions.”
Al-Saadi explained that “Nouri al-Maliki, as the candidate of the Coordination Framework, placed this file among his priorities, and therefore, as soon as the government is formed, there will be important decisions to correct the course of the economic and financial dimensions.”
I will add to this article a note about who stopped the reinstatement of the Iraqi dinar back in 2012-2013. It was Nori al-Maliki the prime minister at the time. He has no financial or economic expertise and as much as he says his policies will help Iraq, if elected, nothing will happen, I assure you. He already has eight years to prove it. I also want to note that the CBI has taken the lead on controlling the parallel market as we can see from today’s news from the recent measures it has taken. There is nothing al-Maliki can do or will do that that CBI is already doing. Why didn’t he help control it in his first eight years? Oh…. but he was too worried about sectarianism and going after the Kurds. The last thing that Iraq needs to see is some bozo like al-Maliki who knows very little, if anything, about running a country, come into power again. Yes, they say he is a great statesman but what good is he if he accomplishes nothing while in office? Yes, nothing but a good bullshitter.
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We pray-
A nice prayer from one of my blog followers. Thank You!
“Be still, wait on the Lord, my modern David will slay the so-called giant of Islam. It will fall they are already begging for mercy, but it will not come as they have sinned so greatly with their blasphemy, disregarded all warnings for the Lord and now HIS WRATH WILL CONSUME ALL WHO CURSE THE CHOSEN!!
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