BUDGET TABLES: A LEGISLATIVE PRIORITY BEFORE THE END OF THE SESSION
(I will tell you it will be hilarious when these budget tables do finally become public, especially for 2025 and there is no new RV rate to be had. What will all these intel gurus tell you then when this does not happen their way as they have preached now for months. I will have a very good long laugh….lol..lol..lol.. Idiocy strikes again….. )
As the legislative recess approaches its end, parliamentary demands are mounting for the approval of the general budget schedules before the conclusion of the current parliamentary session. This demand is a pivotal tool for
ensuring the provision of services and the implementation of government programs, given the economic challenges facing the country.
Member of Parliament Taama Al-Lahibi told Al-Sabah that “the budget schedules represent a top priority at the present time and cannot be postponed to the next legislative session, as they constitute the backbone of the work of ministries and institutions.” He warned that “delaying them will lead to the disruption of service projects and the exacerbation of financial crises in the governorates.”
WOW! We are passing mid-July already. Where has the summer gone. Folks according to what is happening now in Iraq and all the good news from the IMF I hardly can believe the news could be so good. NO! The RV has not yet happened but if you read my Newsletter today and next Tuesday you will find some amazing news coming our way. I plan to call my CBI contact over this weekend to follow-up on an IMF article, and I want to confirm this news and to get more details before coming forward with it on the blog. So, stay tuned. I do believe we are now getting VERY, VERY close to what we all wanted for so long.
As the headlines tell us for today’s Newsletter, we have witnessed this action by the US as it holds Iraq ransom since 2003 until it bows to conditions that it sets. Why is the US doing this? Isn’t Iraq supposed to be a sovereign nation post 2003 war?
I am learning that this notion of “full sovereignty” for Iraq only goes as far as the US wants it to go. The US is going to act as a “Big Brother” to Iraq and they have no choice in the matter. Even under the Trump administration this attitude towards Iraq will continue but Trump intends to make Iraq a partner not an outsourcing asset.
My take on this this attitude is that the US will at some point finally let go but only after the great wealth (non-oil revenues) start to pour in and they lose control, which will be what they want. I can hardly even imagine the wealth that will come from all these efforts in Iraq. The Federal Reserve will eventually also have to transfer the DFI funds held in NYC banks back to Iraq, they will have no choice. Iraq will then be in more control.
Having said this, I also have to say that much of what the US has asked of Iraq, is actually good for Iraq and should have been done by Iraq themselves years ago. So, the key to making them do it is at all, is using as leverage, the money transfers from the funds in NYC banks by the Federal Reserve.
As investors in the dinar, we have to fully understand here what is going on and stop wishing on a rainbow for the RV. Get it? it is coming and sooner than you think, I assure you! However, there are no secret four letter agencies speaking to anyone about an RV tomorrow or next week or any other time period. It is all nonsense by idiots. When the time is ready for the reinstatement it will kick off with the Project to Delete the Zeros, then monitor for inflation and then if all goes well they will move to reinstate the dinar back to FOREX. There will NEVER, NEVER, NEVER, EVER be two different IQD rates. Did I say NEVER? Read my lips NEVER!
This is a lie from any intel guru that tells you this. To conduct the Project to Delete the Zeros the CBI will make a very significant rate change close to a dollar either way. Then later when the dinar does reinstate whatever rate that is on the global currency exchanges will apply both inside and outside Iraq. For the life of this investment, I don’t know how it can be any clearer.
It does not even make any sense to even think there can ever be two different rates. Get it? It is not even common sense.
So maybe these conditions/requests by the US are not all that bad for Iraq and in the long-term will only help them? However, if you are interested in knowing what is holding back the RV, then listen carefully to the rest of this status of the RV today.
Lots of this we have heard before and will hear again. Today’s articles once again only confirm what I have been hearing from my CBI contact and what other past articles have told us. As we near these events what we read in the articles makes more and more sense to us as we begin to piece it all together and picture becomes clearer.
We then understand the path Iraq is taking. Since 2011 there was a vision developed for Iraq and it took years to push Iraq in the direction needed, if they ever wanted to get their currency back. But this is the time and we are watching this vision play out.
Let’s not confuse the short-term and long-term visions for the Iraqi economy with the process that is needed to reinstate. Two different ideas we are talking about. Even though the vision for Iraq has changed since the Dr. Shabibi time, the process to move the currency back to FOREX has not. This will only happen when the vision at some point meets expectations of those that developed the vision. Get it?
Coffee with MarkZ, joined by Mr. Cottrell. 07/18/2025
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 Friday morning….This week sure flew by fast
Member: Yesterday the Genius bill passed and the 9Billion in doge cuts….maybe that is significant for the RV??? Trump signs both bills today
Member: Trump to sign genius act around 2:30 EST time
Member: Anything new and exciting today Mark?
MZ: Unfortunately there is no historic bond news. It has been very quiet
Member: God bless those bondholders....will they ever make it to the end after ALL these years?
Member: Have ANY bond people ever been paid? Serious question. Or Are they all being placed on NDA’s
?
Member: Lots of rumors that the US is going gold backed soon
Member: Wouldn’t make sense to have billions coming in from tariffs in fiat, especially with laws passing
Member: I watch a video and Trump said money is coming on August 1st did you hear anything on that Mark.
MZ: Could be about tariffs, or DOGE cuts……some think its about Nesara/Gesara…..guess we have to wait and see.
Member: I'm looking forward to whatever happens on aug 1...no matter what happens
Member: Frank 26 had some great bank stories last night….and thinks Iraq depegged from the USD yesterday…….it was a really good one
Member: Mark, Frank26 said last night that Dinar no longer pegged to USD.. Have you similarly ??
MZ: No- But I have heard they are getting ready to put it in its basket and then the dinar is no longer associated with the dollar. That is what they did with the Kuwaiti Dinar.
MZ:I do have some very excited folks on the ground in Iraq who feel they will know all their budget numbers next Tuesday. They havn’t said that they are going to have a new dinar rate then….but they are hopeful they are about to get one.
Member: I heard Trump signed a EO banning CBDC
MZ: There are several bills and probably 3 laws already passed outlawing cbdc’s…..
Member: That is a huge relief…..Pray CBDC’s stay dead and buried
Member: FYI I woke up this morning to zero credit card debt….from a credit union
MZ: That is awesome….others have reported similar things.
Member: Mine was wiped off of my credit report. All of it.
Member: Debt is part of the old system with imaginary $$$.
Member: Why is this happening to some and not others?
MZ: For now it appears random. There must be a method to the madness…..we just don’t know. I have a friend that had 170,000 wiped…..but not official until Sept 25th…..but he doesn’t have to pay on it anymore…
…very interesting.
Member: 350 Million People in USA will take a while to get through all the debt clearing.
Member: I heard Arizona wrote off $350,009 of medical bills
Member: Some platforms said the triggers were pushed again to Monday
Member: Has HCL been passed in Iraq?
MZ: They have started delivery of oil…..they are making progress
Member: "The Iraq Stock Exchange has decided to launch trading on 120 billion shares of the National Bank of Iraq, Thursday."
Member: "PM Mohammed Shia al-Sudani chaired an emergency cabinet session on Thursday, during which he discussed the issue of oil and non-oil revenues and the agreement with the Kurdistan Regional Government."
MZ: There are a lot of articles about that one….many have gotten repetitive.
Member: I have always had a feeling of Christmas in July!!
Member: Hope all are ready for a great weekend!!! Keep the faith
Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions
THE PARLIAMENTARY OIL COMMITTEE REVEALS THE REGION’S APPROVAL TO HAND OVER ITS OIL AND REVENUES, AND AN IMPORTANT MEETING WILL BE HELD WITHIN TWO DAYS
Ali Shaddad al-Faris, a member of the Oil and Gas Committee, revealed that the Kurdistan Region has agreed to hand over its oil and financial revenues to the federal government as part of agreements aimed at easing tensions between the two sides. He also confirmed that a high-level meeting will be held within the next two days between the central and regional governments.
Al-Fares explained, during his appearance on the “Free Talk” program on Al-Furat satellite channel, that: “The regional government will hand over 120 billion dinars per month in non-oil revenues, in addition to handing over 230,000 barrels of oil per day to SOMO in exchange for paying employee salaries.”
He explained that “production from refineries and domestic consumption in the region does not exceed 110,000 barrels per day, while OPEC confirmed the smuggling of up to 300,000 barrels from the region,” noting that “400 smuggled oil tankers were recently seized in Afghanistan.”
Al-Fares pointed out that “the region has demanded that the government impose oil transport fees through the port of Ceyhan, which passes through its territory, and that these points raise disputes with the federal government due to their conflict with the budget law, which the latter has rejected.”
He stressed that “the agreement included contracting with an American consulting firm to assess the production rate and lifespan of oil wells, a significant issue for the region that has yet to be resolved.”
Regarding the electricity sector, Al-Fares pointed to “fears of a gas shortage by 2028, which will impact the operation of power plants, especially with increasing demand and the unsuitability of current infrastructure,” ruling out “Iraq’s ability to achieve self-sufficiency by 2028.”
He noted “the presence of significant investments from major companies such as Total of France, which is investing in projects worth $600 million, in addition to local investments in the Akkaz field, which contains a strategic gas reserve that has not yet been optimally exploited.”
Al-Fares added, “There is significant overlap between the ministries of oil and electricity and the governorates, which hinders cooperation,” stressing that “Parliament intends to amend the governorate law to grant local governments the authority to manage energy distribution and address disruptions.”
Regarding petroleum derivatives, Al-Fares emphasized “the success of the refining sector, which has achieved self-sufficiency in kerosene and reduced the need for gasoline, while emphasizing the need to boost investment in this sector to achieve complete self-sufficiency.”
Article: "The TIR Agreement Activates Iraq's Transit Economy: Billions of Dollars in Revenue and a Trade Corridor Linking the Gulf to Europe"
Quote: "
In a significant shift in the trajectory of the Iraqi economy and its efforts to diversify non-oil sources of income,
the Iraqi government announced the country's official accession to the TIR Convention
Experts and officials consider this move a key milestone in the 'Development Road' project, through which the government seeks to consolidate Iraq's position as a regional trade corridor linking the Gulf and Europe."
The Significance Of Today Will Build An American Renaissance
The GENIUS Act, formally known as the Global Economic Nexus for Innovative Utility and Stability Act, represents a pivotal legislative framework passed by the U.S. Senate, aimed at regulating stablecoins like Ripple’s RLUSD with stringent reserve requirements, independent audits, and federal oversight to ensure stability and integration into mainstream financial systems. But we knew this already.
How does those opposing this view these developments?
Critics who dismiss its implications for the Iraqi Dinar (IQD) reinstatement on the Forex market often overlook how this regulation bridges traditional fiat currencies with digital assets on platforms like the XRP Ledger, facilitating seamless cross-border transactions that could catalyze demand for undervalued currencies such as the IQD.
By classifying RLUSD as a Tier 2 regulated stablecoin, the Act mitigates risks associated with unregulated crypto, attracting institutional investors who previously shunned volatile or illiquid assets, thereby creating a conducive environment for IQD’s revaluation through enhanced liquidity and global trade efficiency.
Do we not dare perk up our ears at this point and continue to shut iff conductive reasoning?
Historical precedents, such as the reinstatements of currencies post-conflict in regions like Kuwait, demonstrate that regulatory advancements in payment protocols can indeed spur revaluations by restoring investor confidence and enabling efficient remittance flows,
which for IQD holders in America means potential access to Forex trading at rates reflecting Iraq’s vast oil reserves and economic reforms.
But they will continue to pretend that this wasn’t already done to have an argument at a table they are not supposed to be sitting in. They are not even worthy enough to pity at this point.
They will still argue that “switching payment protocols doesn’t make a currency revalue” fail to account for the interconnected nature of modern finance, where stablecoin adoption can burn underlying tokens like XRP, driving scarcity and value that indirectly supports paired assets like IQD in hybrid fiat-digital ecosystems.
I will say this. Iraq’s tourism sector is far from nonexistent, with religious pilgrimage sites like Karbala and Najaf drawing over 20 million visitors annually for events such as Arbaeen, generating billions in revenue and positioning the country as a key player in faith-based travel despite security challenges, directly countering claims of no tourist appeal.
But alas they will continue to move the goal post and say Iraq doesn’t have the infrastructure. Do we further entertain these asinine theories?
Furthermore, the Act’s provisions counter central bank digital currency (CBDC) dominance, positioning RLUSD as a preferred bridge for international settlements, which could pull trillions into the ecosystem and elevate IQD’s status from a suppressed currency to a viable investment vehicle.
In essence, while skepticism is warranted in speculative markets, the GENIUS Act’s structured approach subtly aligns with long-whispered global currency resets, offering American IQD investors a regulated pathway to realization that many in informed circles have anticipated with quiet assurance.
For those of us poised to realize gains on their Iraqi Dinar holdings, the GENIUS Act subtly unlocks a regulated gateway that integrates RLUSD into the Forex landscape, fostering the liquidity essential for IQD’s reinstatement at rates reflective of Iraq’s untapped economic potential.
This legislation, by enforcing 1:1 USD backing and rigorous audits for stablecoins, mitigates the volatility that has historically sidelined currencies like IQD, drawing institutional capital into XRP Ledger transactions where each cross-border swap burns XRP and amplifies demand.
Debunkers cling to simplistic views that payment protocol shifts alone cannot drive revaluation, yet they ignore how such frameworks dismantle barriers erected by legacy banking cartels, enabling seamless fiat-to-digital bridges that elevate undervalued assets through enhanced global remittance flows projected to exceed $3.5 trillion.
American investors, long patient amid speculation, now stand on the cusp of validation as the Act crushes CBDC competition, positioning IQD for a triumphant Forex debut backed by historical parallels in post-sanction currency surges.
With Trump’s impending signature, the shadows of elite financial manipulations recede, revealing a debut of prosperity rooted in blockchain’s unyielding transparency and Iraq’s resource wealth.
Funny that Donald Trump said payment will start coming in starting in August. I wonder what the catalyst for such a statement could be connected to?
Hot Off The News Wire
Your life is about to take a drastic turn for the better. You all are stepping into a completely new chapter that is going to alleviate so many of your issues you are facing today. After August 1st if you are not American you will not be seeing none of these benefits. You all need to congratulate yourselves for making on the other side of this story. Your future will be solidified for centuries to come.
For people who said this bill will create CBDC. I told you all two years ago this will not happen. So you shouldn’t be surprised.