MNT GOAT: "Beyond the Hype: The Real Road to Iraq’s Currency Reinstatement", PART . 3

 😊And there is yet another good article that brings home our theme of discussion for today too and it is titled “AL-SUDANI’S ADVISOR REVEALS THE MOST IMPORTANT PILLARS OF REVIVING IRAQ’S “TREASURE.” 

 Saleh, economic advisor to Prime Minister Al-Sudani, said on Tuesday that legislation and industrial policy are the most important pillars of reviving industry in Iraq, stressing that foreign investment is a priority in revitalizing the local market.

 Saleh told Shafaq News Agency: “To revive the Iraqi national industry, there are a number of pillars, foremost among which is the strength of pursuing a policy of protecting the national product from dumping policies, through the applicable legislation, especially customs legislation.” So, over the past couple years we witnessed the  White Paper reforms being implemented. Remember these “financial” reforms?

Now we are witnessing yet another set of pillars of reform called legislation and industrial policy are the most important pillars of reviving industry in Iraq.

Read also: DINAR REVALUATION: "ALL ABOUT THE "WHITE PAPERS"" BY MNT GOAT

 Of course in the past they called the Financial Reforms the most important but we must consider that they are talking present tense and so now they have moved on. These are the most important and this alone tells us they have moved on from the Financial Reforms. 

This is now their new concentration. Do you see any new articles about the Banking, Insurance or Stock Market reforms? The answer is not many, if any, as these reforms are mostly all completed and so why would they be in the news.

I have to add a note here. The intel gurus keep harping on their nonsense that the articles don’t matter. Really? Did you just witness above how we can see the direction of Iraq by reading and paying attention to the articles, which is the news from Iraq? So why would you not want to know what is happening in Iraq and tell your listeners the TRUTH. Oh… but these sly intel gurus always want an “inside” “secret” person who knows more that what is in the articles. This makes them important. They think this makes them stand out from the rest. Really? 

But eventually the lies do catch up to them. Folks there are no such inside people. Even my CBI contact may pass on some news, not yet in the news, but it does eventually make it there, as I have shown you over and over again. By this contact I just get the news a bit early that is all. She is not going to give out any secret info to me. Get it?

So, Al-Sudani’s “pet project” is the Development Road Project. Through this new set of  pillars of reviving industry in Iraq is what we should now concentrate on. This fits right into what Saleh is now telling us. This is the path to full sovereignty in many ways. I have already discussed this project with you. There was a very good article describing it in a past Newsletter dated July 1st. If you want to refresh your memory you can go to my Archives and read it while it is still posted there. Remember only about 2 months’ worth of Newsletter are retained there.

So, what is one of the pillars  of legislation they tell us about today? They tell us that these industrial cities on the Development Road “are regulated by the Investment Law, into the local industrial system. This is what the current government program is working towards.” Can it get any clearer?

As speculators in the IQD, the reason for following these new set of pillars called for of reviving industry in Iraq is that we are NOT going to see the RV until this Development Road Project is in full swing. Client companies must now come into these industrial cities and set up shop manufacturing something to use in Iraq and to export either in the middle east or around the world. President Trump, once he analyzed this Development Road Project see the potential for great wealth to American companies.

 This is not going to be outsourcing of companies but rather setting up “satellite companies” that will bring their profits back to the US. Can you see now too why he just slapped a 30% tariff on all imported goods to the US? He is also hoping there will be many American jobs in Iraq.    This situation is much, much different than the cheap Asian labor and massive unbalance of trade now going on with China and Asia where entire American companies moved there to conduct business.

I don’t care what intel guru idiot tells you otherwise. How many times do you have to be fooled before by them until you realize they are scamming you?

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

"Firefly Report: Oil and Salary Crisis Nears Resolution in Iraq"

 

TAIF SAMI: THE GOVERNMENT IS COMMITTED TO SUBMITTING BUDGET SCHEDULES

TAIF SAMI: THE GOVERNMENT IS COMMITTED TO SUBMITTING BUDGET SCHEDULES.

Finance Minister Taif Sami stated on Wednesday that the government is committed to submitting the budget tables.
MP Raed Al-Maliki said in a post on Facebook: “Finance Minister Taif Sami informed us today during her meeting at the ministry headquarters that a committee in the Council of Ministers is working to complete the budget tables.”

Read also: DINAR INVESTOR CC HIGHLIGHTS NOTES: EXCELLENT NEWS: Budget Schedules Next, RI 1st!

He pointed out that “the Minister of Finance explained that the reason for the delay is due to efforts to maximize non-oil revenues and find financial sources to cover the budget deficit from fees, taxes, service fees, etc., and that the government is committed to submitting the budget tables.”

MNT GOAT: "Beyond the Hype: The Real Road to Iraq’s Currency Reinstatement", PART . 2

 😊There are a few articles that struck me as VERY important in today’s news discussion. The first one is titled “IRAQ IS QUIETLY DISTANCING ITSELF FROM IRAN. HOW IS BAGHDAD BUILDING A BALANCED FOREIGN POLICY?”  For more than two decades, Iraq has been trapped between foreign occupation and Iranian hegemony, navigating foreign policy without a clear identity and exploited as a tool rather than a state. 

However, in recent months since the Trump administration took power in the US, and particularly since the events in Syria and the transformations taking place there, have opened a rare strategic window for Baghdad to quietly redraw its regional positioning from Iran with measured steps.

 Baghdad today is not turning against anyone, but it also no longer accepts its decisions being dictated by those outside its borders. We already witnessed the move to redevelop Iraqi bombed out refineries which are now producing their own petrol and actually announced for the first time since 2003 they are exporting it. 

So this move gets Iraq independent of Iranian petrol sales. We are also witnessing the rebuilding of the electric grid that they say will be completed in 2026 using the LNG for fuel, getting Iraq fully off of the Iranian grid. While temporarily tied to the Saudi and Turkey grids for power they can not yet produce.

I will say the largest sticky point today with Iraq is these Iranian backed militia. They call themselves the

😊Another article titled “BETWEEN IMF RECOMMENDATIONS AND BAGHDAD’S AMBITIONS… IRAQ PLANS A NEW ECONOMY”. Prime Minister’s advisor, Mazhar Mohammed Saleh, confirmed on Monday that the government’s reform policy has not deviated from the recommendations of the International Monetary Fund.

 While explaining that the government seeks to transform the rentier economy into a diversified, productive economy. “Despite the significant financial exposure to oil revenues, which has made the financing of public spending, especially investment, dependent on oil price fluctuations and the oil asset cycle. 

Read also: List of events for late May – June Current BY MNT GOAT

However, it can be said that Iraq possesses promising economic components if they are employed within a realistic and gradual development vision,” Saleh said in a statement to the official media, followed by “Al-Mutalaa”.

 He added, “Strengthening the non-oil sector requires a real shift from a rentier economy to a diversified productive economy, something the current government is seeking to achieve within the framework of its government program. This transformation is no longer just rhetoric or intentions, but has taken on concrete manifestations on the ground.

Yes, we have known for a long time that it as been the US as the driving force behind Iraq to get off the sole oil revenues (rentier economy) and on to a “diversified productive economy”. 

 This has been its foreign policy towards Iraq. I will also say that it has been the US and its push in Iraq to get this done, that is the agent of change to move them ahead. We must also remember that Iraq needs investment money and much of this money would not flow into Iraq until these UN resolutions were completed. 

They were completed in 2022. This also coincided with Al-Sudani being elected as the new prime minister. His visions evolved into the “New Development Road Project” and it is this project that is his “pet project” that he wants to see to the end before the end of his second term, should be he be reelected next year. The point I want to make here is that there is a evolution going on here in Iraq. Can you see it? This drastic change had to happen, according to the new foreign policy for Iraq.

Yes, the foreign policy changed since G.W. Bush’s administration and Dr Shabibi’s time. Do you really think they were going to reinstatement the currency without these changes occurring? 

For the IMF and the US Treasury these changes are essential to bring the IQD rate high, high enough to be included in the basket of currencies they plan to shortly move out when they reinstate the dinar. 

In the high-level futuristic thinking for Iraq it is to be the financial hinge pin for the middle east. How much longer will it take to complete the Development Road Project enough to see major revenue streams I can not tell you, but we see it won’t be long.

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

"BREAKING: Iraq Cuts Ties with Iran — U.S. Financial System on Edge!"

 

BUDGET TABLES: A LEGISLATIVE PRIORITY BEFORE THE END OF THE SESSION

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

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

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.”

MNT GOAT: "Beyond the Hype: The Real Road to Iraq’s Currency Reinstatement", PART . 1

STATUS OF THE RV

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.

Read also: MNT GOAT : "EXPERT WARNS: IRAQ'S FINANCES ARE UNDER "AMERICAN PRESSURE" ... AND THE GUARDIANSHIP ENDED IN 2022."

 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?

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