MNT GOAT: STATUS OF THE RV
Election Instability, Maliki Controversy & The Central Bank Question
This week could prove pivotal in Iraq’s ongoing election saga. Political gridlock, constitutional questions, and international pressure are converging at a moment when many are asking the same question:
What is the true status of the Iraqi dinar RV (Revaluation/Reinstatement)?
Let’s focus on the structural realities, separate facts from emotion, and analyze how political instability may be influencing monetary reform.
The Core Question: Can the CBI Move During Political Instability?
The Central Bank of Iraq (CBI) is legally independent. In theory, it has authority over monetary policy decisions, including exchange rate mechanisms.
However, independence does not exist in a vacuum.
Would the CBI move forward with a major currency shift during:
A contested prime minister nomination?
Parliamentary delays?
Constitutional uncertainty?
External geopolitical pressure?
That’s the real debate.
Ali Al-Alaq and Historical Memory
The current governor of the CBI, Ali al-Alaq, was present during one of the most controversial chapters in Iraq’s monetary history.
In December 2012, under then–Prime Minister Nouri al-Maliki, the CBI was raided and accused of corruption. Former CBI governor Sinan al-Shabibi later characterized those allegations as politically motivated and connected to efforts surrounding currency policy and international positioning.
That historical context matters.
If leadership instability resurfaces, would the CBI risk initiating a sensitive monetary transition?
The Election Impasse: Is Maliki the Central Issue?
Much of the current delay appears tied to the nomination of Nouri al-Maliki for prime minister.
While public discussion has centered on presidential procedures, the deeper political tension reportedly revolves around executive leadership and coalition control.
Key friction points include:
Kurdish bloc opposition
Coordination Framework internal negotiations
Regional oil control disputes
Trust deficits stemming from prior administrations
Kurdish factions, who traditionally influence the presidential selection process, may hold leverage in delaying broader political formation if consensus is not achieved.
Article Insight: Political Vacuum & Currency Impact
An article titled “The Iraqi Street is Paying the Price for Bureaucratic Delays, Political Inaction, and Rising Prices”highlighted a crucial point:
Political paralysis affects not only governance — but the economy, markets, and even the currency.
This is significant.
Currency stability depends on:
Investor confidence
Predictable governance
Policy continuity
International trust
When political paralysis sets in, monetary action becomes more complex.
International Pressure: Bloomberg Report
According to reporting by Bloomberg, Washington reportedly warned Iraqi officials that Iraq’s access to oil export revenues could be impacted if al-Maliki were to return as prime minister.
The report cited anonymous sources familiar with discussions, including meetings involving:
Ali al-Alaq
Senior U.S. officials
If accurate, this underscores how intertwined geopolitics and financial policy can be.
Oil revenue access is foundational to Iraq’s:
Budget
Currency reserves
Exchange rate management
Monetary stability
Historical U.S.–Iraq Dynamics
During al-Maliki’s previous tenure, relations with the United States shifted under then-President Barack Obama. Broader regional dynamics, including negotiations involving Iran, shaped that era’s diplomatic landscape.
Today’s environment appears different, with renewed scrutiny on alignment, governance transparency, and regional positioning.
Could the RV Happen During This Instability?
Let’s examine this logically.
For a reinstatement or significant exchange adjustment, the CBI would likely require:
Political stability
Clear executive authority
Secure oil revenue channels
International financial coordination
Confidence in policy continuity
Launching a major currency reform without clarity on national leadership could introduce unnecessary risk.
That does not mean reform is canceled. It means timing becomes strategic.
Featured Snippet: How Does Iraq’s Election Instability Affect the RV?
Iraq’s election delays and political uncertainty may impact the timing of any potential dinar revaluation or reinstatement. While the Central Bank of Iraq is legally independent, major currency reforms typically require political stability, secure oil revenues, and international coordination.
Five Structural Issues Still in Play
While not all are publicly detailed, observers often point to unresolved structural elements, including:
Executive leadership confirmation
Parliamentary consensus
Constitutional clarification
Oil revenue security
International alignment
Any one of these can influence timing.
The Silence Factor
One notable observation: limited forward-facing economic messaging from key nomination figures regarding:
Fiscal reform
Banking modernization
Currency strategy
International market integration
In high-stakes elections, detailed economic platforms are typically central. Their absence raises questions among observers.
Q&A Section
❓ Is the CBI truly independent?
Yes, legally the Central Bank of Iraq operates independently. However, macroeconomic stability and political confidence influence monetary decisions.
❓ Did the 2012 CBI incident affect currency policy?
The 2012 events under Prime Minister Nouri al-Maliki disrupted the CBI’s operations and leadership, which coincided with discussions about currency positioning.
❓ Could oil revenue restrictions affect the dinar?
Yes. Iraq’s oil revenues are central to maintaining foreign reserves and exchange rate stability.
❓ Can the RV happen suddenly?
Monetary decisions can move quickly once prerequisites align. However, structural readiness typically precedes action.
The Bottom Line
The RV discussion cannot be separated from:
Election stability
Executive leadership outcomes
Oil revenue access
International diplomacy
Historical precedent
The Central Bank may have the authority.
But will it move without political clarity?
That remains the pivotal question.
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— MNT GOAT
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MNT GOAT
STATUS OF THE RV
I hope everyone is ready for a pivotal week in this Iraqi election saga. The news this period connects many pieces together and confirms to all of us what my contact in the CBI has been saying all along.
So, let’s get to the FACTS and forget the rest of the bullshit from many of these idiotic intel gurus out there with their everyday / anyday scenarios. Folks once again I warn everyone that there are still these five (5) issues that need to be worked out and resolved. But remember how Iraq works. Things could speed up and change on a dime, if they want it to.
I know, I know the CBI is independent and can actually RV anytime they want to. The question is will they? Yes, will they with the instability from the election cycle. Ali al-Alaq also remember Maliki’s two terms and remembers when he came after the CBI with false allegations of corruption, in what Dr Shabibi later said was nothing more than to stop the reinstatement of the dinar from going back to FOREX. So, you tell me knowing all this if Ali Al-Alaq is going to RV with the stability element of the elections in play. What do you believe will happen?
The delays in the elections cycle all stem around ONE issue – the nomination of the good-for-nothing, peanut-head Nori al-Maliki for prime minister. Oh… but you may say that you thought it was the presidential nomination and not the prime minister so much that was the next step and was holding up the process? Folks we must sit back in times like this and think about what is really going on.
Since Kurdistan is outwardly against Maliki then they have the power to hold up the process since the Kurds decide the presidential candidate. Remember Maliki was trying to buy old WW2 Russian tanks and then wanted to start a war with the Kurds for control of the oil up north. Get it?
The Kurds are holding up the process until Maliki is out!!!!! But didn’t Mnt Goat tell you last week this was all settled and the presidential candidate was announced? Yes, I did however Maliki deceived the Kurds and lied about his withdrawal from the nomination. Later he pulled back and said it was the Coordination Framework that would have to withdrawal him. He has a lust for power and will not let go unless someone else does it for him.
Let’s take a peek at the article titled “THE IRAQI STREET IS PAYING THE PRICE FOR BUREAUCRATIC DELAYS, POLITICAL INACTION, AND RISING PRICES”.
How does this election cycle affect our long-awaited RV? We read and I quote – “that the political vacuum represents one of the most serious challenges facing the stability of countries emerging from accumulated crises, as the absence of central decision-making becomes a daily reality affecting every aspect of citizens’ lives. The Iraqi scene stands as a prime example, where the impact of political paralysis extends beyond the ruling elites to the public, the economy, the market, and the currency”. Did you read this? Is says the political paralysis extends to affect even the currency.
We know for a FACT that if this election has gone smoothly we would have been at the bank by now and this reinstatement completed. But tell me how can the CBI justify the reinstatement and the swap out of the notes in times like this instability not knowing the future even of the direction of the country. And we all know that if Maliki should be the next prime minister, Iraq would take a drastic direction down the toilet. Remember Ali al-Alaq was in the CBI and one the deputies under Dr Shabibi when the then prime minister Maliki raided the CBI in the December of 2012 and falsely accused the bank of corruption. This halted the reinstatement in January. Yes, he remembers Malaki and his tactics all too well.
So, again we get the true picture of this guy Maliki and how he is the great liar and deceiver. Even during his first two terms he made agreements and later rolled back on them. He came to the US twice under the then president Barrack Obama and so we will just let you stew on that one for a while as to which US president was an Iranian sympathizer….. 
Was something going on between Obama and Iran?
And we won’t even get into Maliki’s total disregard for the new Iraqi constitution back then too. But he is doing it again now as his lust for power takes precedence over his regards for Iraq and settling this election saga. He has the power to settle the impasse and do it quickly. All he has to do is resign his nomination and pull out. He should have done this weeks ago.
Let’s also take a peek at the article titled “BLOOMBERG: WASHINGTON THREATENS BAGHDAD WITH REDUCED OIL REVENUES IF MALIKI RETURNS TO THE PREMIERSHIP” In the article we read that Bloomberg reported on Tuesday “that Washington had informed Iraqi officials in recent days that it might reduce Iraq’s access to oil export revenues if Nouri al-Maliki were appointed prime minister, given the United States’ view of him as being close to Iran”. Yes, too close, the Obama era closeness still lingers with Maliki. By the way this corruption of Obama and Iran with the nuclear deal is all coming out now. I find it amazing how TNT Tony can worship this guy Obama. We can clearly see the racism in this guy Tony Renfrow too as he overlooks the FACTS as greed and race overrides his patriotism. Just remember the many promises made to all you TNT members way back since 2013 by these so-called three letter agency guys, then who was president at the time. Obama has absolutely no intention of EVER getting this reinstatement completed and orchestrated the stoppage of the reinstatement back in 2012 through his buddy Maliki. Enough said…. Who are you going to worship now Tony?
I continue quotes from the article– “The agency, in a report citing sources who requested anonymity due to the sensitivity of the talks, indicated that the United States issued a new warning during a meeting held last week in Turkey between the governor of the Central Bank of Iraq, Ali Al-Alaq, and senior American officials.”
Remember I said in my earlier Newsletter that Maliki has not given even a political speech as to what he intends to do for Iraq to make it great again. Does this strike yu strange? Yes, not a peep about what he plans to do as prime minister should he get elected, yet he was the top candidate for the nomination of the Coordination Framework. Something funky going on here….
