🇮🇶 CBI Governor Alaq reports Q1 inflation is under control, signaling strong economic management.
💰 Frank26 says Iraq now has everything in place
to increase the value of the dinar — all tools and conditions are ready.
📰 Saleh (Iraqi advisor) appears on TV, stating that Iraq's financial position is stable and secure, despite regional turmoil.
🛡️ Frank’s take: "Security and stability were born… now let them walk." The stage is set.
💥🇮🇶 Iraq Wipes Out 87% of Its Foreign Debt – Legal & Financial Victory!
🏦 Rafidain Bank announced a major milestone:
✅ 87% of Iraq’s external debt has been settled
🤝 Achieved through high-level legal and financial negotiations
📜 Backed by:
🟢 Paris Club Agreement
⚖️ Cabinet Resolution No. 403 (2025)
✍️ Settlements with Dutch & French creditors, with 90%+ concession rates
⚖️ Legal wins abroad:
🏛️ Successful lawsuits in Turkey and Lebanon
💵 Recovered $2.8 million, proving Iraq’s legal strength internationally
📈 These actions:
🛡️ Improve Iraq’s sovereign credit rating
🌍 Boost global confidence in Iraq’s financial governance
📉 Bring the country closer to final debt resolution
🟢 Iraq is laying the financial foundation for long-term stability, investment, and economic sovereignty!
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A state-owned bank announces the settlement of 87% of Iraq's external debt.
Rafidain Bank announced on Wednesday that it had achieved "substantial" progress on its foreign debt portfolio, settling approximately 87% of total international obligations through high-level financial and legal negotiations, resulting in a significant reduction in the volume of foreign debt.
The bank said in a statement today, "In the context of Iraq's commitment to the Paris Club Agreement, and with the direct approval of the Council of Ministers, the bank concluded major negotiated settlements with Dutch and French creditor companies, the most prominent of which was: Cabinet Resolution No. (403) of 2025: Settlement of three lawsuits filed by Dutch companies with a concession rate in favor of the bank exceeding 90% of the value of those claims.
The statement explained that "the bank has achieved significant legal successes abroad, most notably winning lawsuits in Turkey and Lebanon, enabling it to recover more than $2.8 million, reflecting the competence of its legal apparatus and its ability to defend the state's rights before international courts."
The bank affirmed in its statement that it "continues its efforts to close the remaining issues through final settlements, which will strengthen Iraq's sovereign rating and consolidate international confidence in its financial stability and commitment to sound financial governance." link
☕ Thursday Coffee Highlights
Key Takeaways from MarkZ's stream (Note: These are opinions and rumors – not financial advice):
🔹 Trump’s August 1st comment has sparked speculation – some believe a major announcement (possibly RV-related) could be coming.
🔹 Bond contacts are having meetings, and MarkZ is feeling optimistic, suggesting we may be at the tail end of the process.
🔹 Rumors about lower denominations being out and a dinar rate of $5.41
were mentioned – but MarkZ cannot confirm.
🔹 Iraq’s oil capacity could double or triple, and they’ve received a new pipeline agreement draft from Turkey.
🔹 Iraq has settled 87% of its external debt, improving its international financial standing.
🔹 Iran’s currency reforms (dropping zeros) are still in early stages, with no immediate changes expected.
🔹 Ongoing frustration: many are asking why the RV hasn't happened yet, but MarkZ believes “it’s all coming together,” just slower than hoped.
🙏 Community remains hopeful and thankful, even during quiet news days.
🎧 Replay includes additional info from guest StacieZ.
🤝💰 Breakthrough! Erbil Sends 120B Dinars to Baghdad & Delivers July Payrolls
📅 On July 29, 2025, a key development emerged:
An informed source confirmed that the Kurdistan Regional Government has agreed to:
📤 Submit July payroll data for its employees
🛢️ Provide oil export figures for what the region can currently supply
🗓️ The amount will be officially approved by the Kurdistan Council of Ministers on Wednesday, and sent to the federal government early next week.
💼 Meanwhile, the federal government will disburse June salaries — totaling 974 billion IQD — by end of next week.
🔄 This signals growing cooperation and could help stabilize payroll and oil-sharing tensions between Baghdad and Erbil.
SOURCE: Erbil agrees to send 120 billion dinars to Baghdad and deliver July payrolls.
Thursday Coffee with MarkZ. 07/31/2025
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 on this “August 1 eve”
Member: hope we are on the eve of the RV (announced by DJT tomorrow)?
Member: IMO -For Trump to say August 1 is a HUGE day for America, has to be something big because we’ve already been bringing in tariff income.
MZ: It might be another nothing burger…or it might be life changing…..we will see.
Member: Praying that good news arrives quickly - many are losing hope because the struggle to survive is overwhelming. Any RV news today Mark????
MZ: I do have a bond contact with a meeting tomorrow…..A couple more rumored to go today…but they are not my sources. I believe they are at the “tail end” which gives me a lot of positivity
Member: TNT is reporting the lower denoms are out and dinar rate is $5.41. Rumor?
MZ: Unfortunately I cannot verify that one,…my folks are saying it is not true..….but the rate would not surprise me. We have seen some older lower denominations in circulation…..but not the new ones yet.
Member: They need to audit the Fed, The Treasury and Ft. Knox….then reset.
Member: They need to get rid of Powell, bring in Judy Shelton to shut the Federal Reserve down, just like McMahon is doing with Dept of Education
MZ: They are an out of control entity right now….Clearly Trump has a plan to rein them in.
Member: I believe its all coming together…just not as quickly as we would like
MZ: I agree…..I really wanted it to happen way faster.
MZ: “Turkish minister : We have sent Iraq a draft of the new agreement on the oil pipeline” Iraq has indicated they can double or triple their oil output right away. This could be enormously profitable for Iraq. Its all coming together is we pay attention to the tapestry the world is weaving.
MZ: “State-owned bank announces the settlement of 87% of Iraq’s external debt file” that external debt file was huge between the end of Saadam Hussein and the Kuwait invasion up through today. Settling 87% is a huge number or debt repaid. They are in a great position for their currency and country internationally.
Member: Any new news on the dong ?
Member: I wonder if there is any chance that Vietnam goes tomorrow leading Iraq down that road based on their trade dependency?
Member: I wonder why the good guys have not allowed the RV take place already??
Member: Mark - My monthly PNC Checking Account Statement came yesterday and now says PNC Virtual Wallet Account.
Member: Chatter says Iran dropped zeros?
MZ: We talked about this last night and shared an article on it. The earliest they will start making decisions is this fall.
Member: I hope everyone has a great Thursday !!
Member: Thanks Mark for always being there for us even when news is quiet…..We appreciate you.
StacieZ joins the stream today. Please listen to the replay for here information.
🚨 POST-EXCHANGE WEALTH MANAGEMENT BLUEPRINT (IQD Scenario Planning Guide) 💡 Key Financial Strategies (Beyond Basic Exchange Planning) 1....