🇮🇶🔥 A CONVERGENCE OF EVENTS: IS IRAQ MOVING CLOSER TO “DELETE THE ZEROS”? 🏦💵
MNT GOAT’s latest report points to what she describes as a convergence of major developments inside Iraq, with several financial, economic, security, and institutional reforms now moving at the same time. 🇮🇶📊
🏦 THE MOST IMPORTANT UPDATE: HER CBI CONTACT
According to MNT GOAT, her contact inside the Central Bank of Iraq (CBI) told her that legislation has been written to carry out the removal of zeros from the Iraqi dinar.
The legislation was reportedly discussed during a recent meeting involving:
🏦 The CBI
🏛️ The Finance Committee
👔 Al-Zaidi’s financial advisors
🇮🇶 Government officials
According to her contact, the purpose of the meeting was to review the bill before it was forwarded to Parliament.
📜 MNT GOAT says the legislation is now moving through the parliamentary process.
❓ CAN THE CBI REJECT IT?
MNT GOAT says she specifically asked her CBI contact whether the Central Bank could still reject the removal of zeros if Parliament approves the legislation.
Her contact reportedly answered YES.
However, she also reportedly said that a rejection does not appear likely at this stage, because the CBI has already been discussing the issue with the Government of Iraq.
MNT GOAT interprets this as an important indication that the Government would probably not have moved forward with the legislation without expecting significant cooperation from the CBI. 🏦🤝🇮🇶
🔥 WHY DOES SHE CALL THIS A “CONVERGENCE OF EVENTS”?
Because Delete the Zeros is not the only major process underway.
At the same time, Iraq is working on:
🚛 ASYCUDA — expanding and completing customs modernization
📊 Performance-Based Budgeting — preparing the 2027 budget under a new framework
🌎 WTO Accession — advancing key files related to Iraq’s membership
💰 Financial Reforms — strengthening the economy and attracting investment
🛡️ Security & State Sovereignty — addressing armed factions and militias
🏦 Monetary Reform — moving toward restructuring the currency
MNT GOAT believes these developments could be pieces of the same larger transformation of Iraq’s economic and financial system.
📅 THE TIMELINE SHE IS WATCHING
According to her analysis:
2026 → Legislative and financial reforms accelerate
⬇️
Fall 2026 → Potential implementation of Delete the Zeros
⬇️
January 2027 → Potential reinstatement target 🇮🇶💱
The major question now is what happens next with the legislation in Parliament and the Central Bank’s role in executing the currency change.
🔥 The key takeaway: MNT GOAT says her CBI contact has indicated that the legislation for removing the zeros has been written and is moving toward Parliament—and that, while the CBI technically retains the ability to reject the process, her contact does not believe rejection is likely given the discussions already taking place between the CBI and the Iraqi government.
🇮🇶🏦💵 Multiple pieces appear to be moving simultaneously. The next major signal could come from Parliament—or directly from the CBI.
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