🚨🇮🇶 MNT GOAT: Major Developments on Iraq's "Delete the Zeros" Project! 💵
📢 MNT GOAT highlighted what she describes as a significant article:
📰 Article: "Minister of Communications: The Decision to Remove the Zeros and Change the Iraqi Currency Has Been Finalized."
💬 According to MNT GOAT, this is a "WOW! WOW! WOW!" development.
🏦 She says that, based on information from her CBI contact, there is a growing sense of urgency to restore liquidity to Iraq's banking system, making the monetary reform process increasingly important.
📌 Key Points from MNT GOAT
✅ She believes there is now strong emphasis that the "Delete the Zeros" project has been authorized and approved to move forward from the Government of Iraq's Finance Committee.
📜 According to her analysis, the next steps would include:
➡️ Parliament passing the updated law related to removing the zeros.
➡️ The Central Bank of Iraq (CBI) officially announcing that implementation is moving forward.
⚠️ MNT GOAT notes that these final steps have not yet been officially confirmed by the CBI, as the news is still developing.
🤝 Meeting Between the CBI and Finance Committee
She also reports that a CBI representative attended an important meeting with Al-Zaidi and the head of the Finance Committee to discuss amendments to the long-standing law concerning the removal of the zeros.
📌 According to MNT GOAT:
✅ The required amendments were discussed.
✅ The revised law has reportedly been forwarded to Parliament for consideration.
📞 Conversation with Her CBI Contact
MNT GOAT added that she personally spoke with her CBI contact, who she says attended Tuesday's key meetings between the CBI and the Government of Iraq.
According to her account, the representative has since returned to the Central Bank with the information discussed during those meetings.
⏳ As always, these comments reflect MNT GOAT's interpretation and reporting. Market participants continue to await official confirmation from the Central Bank of Iraq and Parliament regarding any legislative approval or implementation of monetary reform measures.
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