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“Iraq’s reforms, laws, and banking changes are now rate-change dependent. The record-speed formation of the government is the final prerequisite before the dinar rate can move forward.”
The Rate Change Is Waiting on One Thing: Government Formation
According to Jeff, the situation is now very simple and very clear.
👉 The rate change is waiting for the government to be fully formed.
Nothing more.
Nothing less.
Once the government is seated, Iraq can finally move forward with:
Economic reforms
Banking reforms
Tax reforms
Implementation of over 150 laws
All of which are dependent on a new exchange rate.
Watch the Speed — Not the Headlines
What Jeff emphasizes is not speculation, but pace.
The key question is not if the government will form, but:
How fast will they do it?
Specifically:
How quickly will Parliament hold the presidential session?
How quickly will the Prime Minister be selected?
How fast will the cabinet be confirmed?
The answer coming out of Iraq:
👉 Record speed.
Why Sudani Matters
Jeff is very clear on expectations:
He expects Mohammed Shia Al-Sudani to be reselected
He expects Sudani to quickly reselect his cabinet
Why is this important?
Because:
Continuity eliminates delay
Stability accelerates reform
Experience allows immediate execution
This is how you finish government formation extremely fast.
Why Timing Is Everything Right Now
What matters most at this stage is completion.
Jeff explains that once:
The President is seated
The Prime Minister is confirmed
The Cabinet is formed
👉 The clock officially starts.
And right now, all indications suggest Iraq is racing that clock.
Why Is the Central Bank Meeting With Parliament?
One of the biggest signals Jeff points to is this:
A meeting next week between Parliament and the Central Bank of Iraq (CBI).
Why does this matter?
Because:
Major reforms are coming forward
These reforms are rate-change dependent
Parliament and CBI must act together
This coordination only happens when monetary action is imminent.
Reforms Cannot Move Forward Without a New Rate
Jeff highlights something many overlook:
The reforms are not independent actions.
They overlap.
Rate-Dependent Reforms Include
Tax reform
Banking reform
Budget execution
Customs and tariffs
Market pricing mechanisms
Without a new rate:
👉 These reforms cannot function properly.
150+ Laws Waiting on One Trigger
There is a massive basket of laws—over 150—that Iraq is prepared to implement.
But here’s the catch:
They are rate-change dependent.
These laws:
Affect contracts
Adjust financial penalties
Change tax structures
Impact international agreements
They must be activated under the correct exchange rate.
Why Everything Is Converging Now
Jeff makes this point repeatedly:
They are showing us the rate change is coming from every angle.
Legislative pressure
Banking coordination
Tax enforcement
Parliamentary scheduling
This level of overlap does not happen randomly.
👉 It happens when the system is ready to flip.
This Is Why They Must Work Together Now
Previously:
Parliament moved alone
CBI moved alone
Reforms stalled
Now:
Parliament + CBI are coordinating
Laws + reforms are synchronized
Government formation is accelerated
This is the final stage.
Q&A – Jeff’s Key Signals Explained
Q: What is the last requirement before the rate change?
A: Completion of the government formation.
Q: Why does speed matter so much?
A: Fast formation indicates urgency and readiness to execute reforms.
Q: Why is the CBI meeting Parliament now?
A: Because upcoming reforms require an immediate rate change.
Q: Are the laws already passed?
A: Many are passed, but activation depends on the new rate.
Final Thoughts: Watch the Finish, Not the Start
Jeff’s message is not emotional—it’s procedural.
👉 Watch how fast they finish.
When:
The President is seated
Sudani is confirmed
The Cabinet is approved
Parliament and CBI act together
The rate change is no longer theoretical.
It becomes necessary.
Stay Connected – Official Links
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Jeff
Obviously the rate change is waiting for the government to be formed and they can move forward...I'm looking for how fast are they going to do the presidential session of parliament, how fast are they going do the prime minister.
I'm looking for them to reselect Sudani. Then I'm looking for him to reselect his cabinet...[Both] gets the formation of the government done extremely quick.
What we're looking for is the timing and completion of the government. What you want to observe is how fast they can do it...They're suggesting formation is happening at record speed.
A meeting next week where the Central Bank will be joining parliament. Why? We have reforms coming forward...The reforms are rate change dependent...The huge basket of laws is also rate change dependent...They have tasks between them that overlap, such as the reforms...
They're trying to show you there's now critical steps coming forward that require the rate to change. They're showing you that from so many angles...tax reforms, banking reforms...150+ laws...They have to start working together... All of this is coming together because the rate is about to change.