STATUS OF THE RV , part. 1 by MNT GOAT

 STATUS OF THE RV

I first want to hope that everyone in the USA had a nice memorial holiday. There are sacred and loving elements when we pray over those we loved that are now gone from this earth. This holiday is set aside for much more than just BBQs, picnics and the beginning of the summer season drunkenness on the beach.

 In Germany where I now live, it is called Volkstrauertag and is a commemoration day in Germany two Sundays before the first day of Advent. It commemorates members of the armed forces of all nations and civilians who died in armed conflicts, to include victims of violent oppression. This  national day of mourning is not a public holiday, it is categorized as a silent day (stiller Tag) in most of Germany, especially in the Bavaria region.

Let’s get on with today’s news. ….

The news is just pouring out of Iraq. There is so much news it will be a challenge for me to cover all of it and give it the justice it deserves. You know I do try to make the Newsletter short and concise.

 I know this  may be hard to believe. But how can anyone really give this revaluation and reset events justice unless you inform the readers the FACTS. In doing this there is news that must be heard for you to understand just where Iraq is at this time.

With respect to the “reset” I will use the analogy of a house burning. Why would you order brand new furniture to put into a burning house. Yes, the furniture is nice, but it won’t last long and so what good is it going to do. 

Do you see the point I am trying to make as to why Iraq and other countries must first prepare for this event by leveling out the playing field for these currencies. There has been too much manipulation and corruption already and we see what it is doing to the global economy. 

The leveling of trade deals and tariffs, then solving the immigration issue that we see from the U.S. and other countries is only part of the process and we must pay more attention to it. It holds the key. We also just witnessed summit after summit in Iraq. What does this all say to us? What is the meaning of all this work?  

Why would you want to restart/reset the financial system with all this money if the system is broken? Who will benefit? 

So, let me begin by saying we are inching closer and closer to the initiation of the Project to Delete the Zeros. Remember that I explained there is a step-by-step process to get to the reinstatement.

 The parallel market had to be broken first and now we await the Central Bank of Iraq (CBI) to make the second round of revaluing the dinar. 

Will they have to hold this new rate for 90 days and thus we will probably not see the reinstatement until January 2026 (the best time the CBI told us to do any significant rate change) or will the IMF bypass all these guidelines and move ahead.

 They have given indications we will not have to wait until 2026.

What will the new rate of the dinar most likey be like when it does come out? 

To answer this question just listen to what the CBI has been telling us. They are trying to bring back the Iraqi dinar to a rate of something like in the 1980’s. So what was the rate back then? 

😊I strongly believe that the CBI has broken the proverbial back of the camel, yes, the back of the parallel market. I can say this because it is evidenced in an article titled “THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.”

In the section of the article called “STABILIZATION OF THE SITUATION” Hamid Abu Firas, owner of a money exchange company, explained to Al-Masry that “this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies. Folks this statement by Firas is a “WOW!” statement. We are hearing this from a money exchanger. These are the people who want the dollar to rise not decline and so this is a very important truth he had to now admit.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

FIREFLY: We are soon to hear that the official rate has matched that of the official CBI rate

 

The Weaker Position"... Expert: Iraq Faces Economic And Energy Challenges Until 2028

 The Weaker Position"... Expert: Iraq Faces Economic And Energy Challenges Until 2028

 
Time: 2025/05/25 Read: 1,650 times   {Economic: Al Furat News} Oil expert Furat al-Moussawi warned that  Iraq's economic and energy challenges will continue until 2028,  attributing this to the country's
     near-total reliance on a rentier economy and the
     lack of radical strategic solutions to date.
 
During his appearance on the program "Free Talk" on Al Furat TV, Al-Moussawi said, 
"Iraq still suffers from a single-source rentier economy that is out of step with global market developments, and  this has caused significant harm to the national economy." 

He pointed out that  "all current projects rely on oil revenues without any real diversification in the productive sectors." 

He added,  "The country is currently exporting approximately 3.4 million barrels per day, 200,000 barrels more than the limit permitted under the OPEC agreement.
 
This has alarmed the organization and prompted some countries, led by Saudi Arabia,
to seek to reclaim their market share." 

Al-Moussawi pointed out that "the price of a barrel of oil approved in the three-year budget is $70,
which poses a major challenge in light of market fluctuations,
while the budget will not regain balance unless the price of a barrel reaches at least $55." 

He emphasized that  "Iraq does not yet have a sovereign wealth fund, which increases the fragility of its financial situation."
 
In the energy sector, Al-Moussawi explained that 
"gas investment is still contingent on increasing oil production,
which limits development potential." 

He added that  "the Karbala refinery has not yet been completed, as has an investment project in Al-Faw,  at a time when the country does not have enough refineries to qualify it for regional competition." 

He continued,  "The only clear project currently is the agreement with Total, Qatar Energy, and Basra Oil, which includes four strategic projects, including
     exploiting seawater for oil fields,
     producing the first 100 megawatts of solar energy, and
     investing in four gas fields."

 He pointed out that  "the government realizes that the current strategy is ineffective, as
evidenced by the lack of effective investments and radical solutions to the energy crisis,"
warning of "the difficulty of achieving gas self-sufficiency before 2028." 

Al-Moussawi emphasized that  "geopolitical turmoil, including the Russia-Ukraine war and sanctions on Iran and other countries,  has contributed to oil price volatility, prompting OPEC to emphasize its study of market developments before making any decision to increase production." 

The oil expert concluded by saying, "Iraq remains in the weakest position among oil-producing countries due to  its complete dependence on oil revenues, lacking any real tools to ensure long-term economic stability." 
  
https://alforatnews.iq/news/الموقف-الأضعف-خبير-العراق-يواجه-تحديات-اقتصادية-وفي-الطاقة-حتى-2028  

MNT GOAT : "THE DOLLAR'S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR."

MNT GOAT

"THE DOLLAR'S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR."

 "Perhaps this decline in the dollar price is a result of the stability of the political, security and social situations in the country, and without a doubt all of this has a positive impact on the exchange rate."

 WOW! "Hamid Abu Firas, owner of a money exchange company, explained to Al-Masry that this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies."

 WOW!

GOVERNMENT PLANS "Government agencies previously indicated that the sustained improvement in the

dinar's exchange rate against the dollar depended on two key factors." WOW!

Let's talks more about this article in today's Newslettter.

dada..........Choo-Choo...........

Their words not mine.....

SANDY INGRAM: Here's the 3 ways the Development Road Project will increase the IQD's value #iqd

 

Tuesday Coffee with MarkZ. 05/27/2025

 Tuesday Coffee with MarkZ. 05/27/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning and a great and wonderful Tuesday to you all

Member: Mark, you said yesterday that things have been Painfully quiet! Anything change?

MZ: Its still quiet on the bond side. I’m not to surprised because the business day just started. Last week they were expecting payments this week. 

MZ: Some bankers are excited about overnight tonight….but I don’t think they are right. I have been hearing for some time that the 27th and 28th will be big days. But no one knows the exact date. 

Member: Remember when you used to say a nothing burger, I am now hating to hear the bond side is still quiet. I think we need a new catchphrase for ain’t nothing happening lol

Member: I am losing faith and hope. I know Iraq will RV (revalue) but after that-any real changes in the world? I don’t trust the white hats anymore

​​Member: just because you're not hearing anything doesn't mean nothing happening

MZ: Emotional Exhaustion is something we all have and the White hats need to be cognitive of. They keep saying for us to trust the plan…..but the people are just tired.

Member: According to Trump we were supposed to start celebrating on Memorial Day? Still waiting to celebrate?

Member: White Hats-if you exist-we need a financial reprieve, please

Member: At this point it's perfectly reasonable to question just what is going on. We've been more than patient. Could you imagine being a bank employee at this point - utter madness.

MZ: Can you imagine what the bank employees are feeling at this point? I am glad you guys are questioning. I think it is healthy that we question. 

Member: I’m feeling like it’s all a make believe dream even tho I prayed before investing and was urged to invest. Still it’s a mess as far as yes it is no it isn’t.

Member: I feel the same way. been a bunch of let downs. I feel we are at the point that whoever is awake is awake and the sleepers will continue to sleep. it's time to bring everything to the front

Member: No wonder our family members Dont believe in the RV ! - No more talk Time for massive action ! Boy has cried wolf to many time's

Member: would like to start seeing perp walks. that would excite me

Member: There are a lot of things and changes happening behind the scenes

Member: 250 year celebration parade on June 14….also Trumps birthday

Member: July 14 is the date that iraqi is going fully digital. And hopefully we have passed stablecoin registration by then.

Member: July 1st is supposedly the day Basel 3 laws go into effect with all banks worldwide. 

Member: There's a lot of news out there that looks like June could be our month, if not sooner.

Member: A week ago I called the local 5th third bank. Asked if I could order currency. She then asked which currency . I told her Iraq dinar, Vietnamese Dong, was placed on hold. She came back to say unavailable.

Member: Mark, do you think all currencies will still go at the same time?

MZ: I do. That is what makes the most financial sense

Member: Prime Minister Mohammed Shia al-Sudani chaired a meeting on Monday of the Supreme Committee tasked with re-evaluating and restructuring the boards of directors of government banks.

 MZ: “Board of Central Bank of Iraq to be restructured “ They are re-assesing and re-structuring the board of directors at the CBI. They are going to have a complete overhaul . a global reset and changing the rate of the dinar is a perfect time for this. 

Member: Representative Raed Al-Maliki confirmed, Monday, that the Council of Rep.s is preparing to hold extraordinary sessions with the aim of passing some important laws.

MZ: there is great progress going on in Iraq. 

MZ: “Customs is in the process of recovering more than 17 billion dinars from violating companies, projects and factories”  

MZ: “ US Secretary of State: Kurdish autonomy and prosperity are at the center of our policy towards Iraq: concerned about the influence of Iran and militias” 

MZ: “White reveals: US law lists Maliki, Amiri and Zaida on terrorist lists” Nouri al Maliki is very tight with Iran. He has also been a thorn in the side of the reset for over a decade. Maybe they are finally making their final moves. 

Member: About time he was listed as a terrorist…..

MZ: “Dollar continues to fall in Baghdad” I have been told that once the black market reaches the same rate as the free market…they will have a rate change. 

Member: ​​just watch for the 1400 black market rate to get closer to the 1310 CBI rate- that's what we want

Member: Last night Frank26 said the key number is 1390

Member: I wonder if the stock market is still to crash before the RV? That way the big banks fall and then will be propped up by the RV???

Member: I think after all said and done and we are past the finish line I think the word SOON should be removed from the English language….just sayin!

Member: no matter how long you have waiting for this, the last few days before it goes will feel like the longest

Member: I believe we are very close to the reset go signal

Member: All we can do is hang in there…….dont give up everyone. 

NADER FROM MID EAST: Passing the budget a couple of days

NADER FROM MID EAST: Passing the budget a couple of days

Summary

The Iraqi government is expected to soon submit the 2025 budget tables to the House of Representatives, although no official announcement has yet been made. Indications from government and parliamentary circles suggest that technical preparations and discussions are underway.

 The parliamentary finance committee expressed confidence that the budget tables for the current year could be approved within the next few days,

 contingent on their submission shortly after the legislative recess ends.

 Committee member Moen al-Cadimi emphasized that once the government sends the budget tables, the parliament is obligated to convene sessions until the tables are voted on. 

However, details regarding the spending items and financial allocations within the tables remain unknown at this stage.

Notably, Iraq approved a three-year budget covering 2023, 2024, and 2025—a pioneering approach since 2003—aimed at promoting financial planning stability and smoother implementation of medium-term projects. Despite this, the year-by-year execution mechanism, which requires detailed annual tables outlining financial distributions by ministries and governorates, has been delayed specifically for the 2025 budget. This delay violates established deadlines and impedes the progress of infrastructure projects and service plans that depend on the tables to guide their financial and developmental strategies. This issue is increasingly critical as the second half of the fiscal year approaches, leaving governorates without clarity about available funding.

• 🏛️ Iraqi government preparing to submit 2025 budget tables to Parliament soon.
• 📅 Parliamentary finance committee optimistic about budget approval within days.
• 🔍 Details of 2025 spending allocations remain undisclosed.
• 📊 Iraq adopted a three-year budget (2023-2025) to enhance financial stability.
• ⏳ Delay in submitting 2025 budget tables breaches deadlines.
• 🏗️ Budget delay hampers infrastructure and service project implementation.
• 📉 Governorates face uncertainty in financial planning for second half of fiscal year.

Key Insights

• 🕒 Urgency of Budget Submission: The looming submission deadline underscores the critical timing for Iraq’s budgetary process. Delays not only violate parliamentary deadlines but also stall essential government functions, highlighting the importance of timely fiscal governance. Effective budget submission is a prerequisite for parliamentary approval and subsequent fund disbursement, impacting nationwide projects.

• 🏛️ Role of Parliament in Budget Oversight: The parliamentary finance committee’s readiness to convene sessions once the budget tables are received illustrates the legislative body’s active role in ensuring government accountability. This dynamic underscores the balance of power in the budgetary process and the necessity of transparent government communication.

• 🔄 Transition to Multi-Year Budgeting: Iraq’s three-year budget for 2023-2025 represents a strategic shift towards medium-term financial planning. This approach aims to improve project implementation consistency, reduce annual budgeting volatility, and provide a structured outlook, which is crucial in a country prone to economic and political instability.

• 🔍 Importance of Detailed Budget Tables: While the three-year framework sets the broad parameters, the annual budget tables are essential for operationalizing the budget. They break down expenditures and revenues by ministry and governorate, which are vital for aligning local and sectoral plans with available resources. The absence of these details creates uncertainty at all administrative levels.

• 🚧 Impact on Infrastructure Development: The delay in submitting the detailed budget tables directly hinders the progress of infrastructure and service projects. These projects often depend on clear, reliable funding timelines to plan and execute operations effectively. The delay threatens to slow economic development and service delivery, especially in underserved regions.

• ⚖️ Financial Planning Challenges for Governorates: Without clarity on budget allocations, governorates face difficulties in crafting their financial and developmental plans. This funding ambiguity could exacerbate regional disparities and undermine efforts to address local needs, weakening the broader national development agenda.

• 📉 Risks of Fiscal Uncertainty: As the second half of the fiscal year approaches, the ongoing delay in the budget process fosters an environment of financial uncertainty. This may affect not only public investment but also discourage private sector participation, with broader implications for economic growth and stability.

In conclusion, while Iraq’s adoption of a three-year budget framework is a significant step forward, the pending submission and approval of the 2025 budget tables is critical to translating medium-term planning into actionable results. Addressing this delay is vital to ensuring continued infrastructure development, service provision, and effective governance in the months ahead.