Thursday, September 11, 2025

MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART. 3🚀💰

 MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART. 3 🚀💰

Highlights & Key Takeaways from the 2024 CBI Article “AL-ALAQ: WE ARE CONSTANTLY REVIEWING THE DELETION OF ZEROS FROM THE DINAR…” 🇮🇶✨


🔥 1. Continuous Review of Deletion of Zeros Project

  • The Central Bank of Iraq (CBI) Governor, Ali Mohsen Al-Alaq, confirmed that the project to remove zeros from the Iraqi dinar is under constant study and review.

  • This is a critical step to simplify financial transactions and revalue the currency by removing inflationary zeros, making the dinar appear more stable and trustworthy. 💹💵


🌍 2. Reducing Dependence on the US Dollar


🏦 3. Strengthening Financial Reserves & Stability


📉 4. Addressing Currency Value & Black Market Gap

  • Al-Alaq revealed ongoing efforts to reduce the discrepancy between the official dinar exchange rate and black market prices.

  • Narrowing this gap is essential to building trust in the official currency , enabling a smoother transition for the redenomination and future revaluation. ⚖️📊


🔗 5. Redenomination and Revaluation: Two Sides of the Same Coin

  • This article confirms what many insiders have said: the Project to Delete Zeros (redenomination) and the Revaluation (RV) are interconnected events.

  • Deleting zeros sets the stage for a more attractive and stable currency that can be internationally reinstated and revalued.

  • The CBI’s steady preparation suggests both processes are moving closer to reality. 🕰️🔄


📅 6. Why September Could Be a Game-Changer

  • The article was from September 23, 2024, and history shows many currency-related announcements or actions in Iraq tend to happen around September.

  • Sources suggest that September 2025 may finally be the time the CBI officially launches the Project to Delete Zeros after years of delay and preparation.

  • This timing aligns with Iraq’s improved financial position and international cooperation efforts. 📆🚀


🧐 7. What This Means for Investors & Iraq’s Future

  • Iraq is laying a solid foundation for a major financial transformation: currency stability, reserve strength, and diversification.

  • If the Project to Delete Zeros moves forward, it will unlock the door to the dinar’s revaluation and possibly lead to the long-anticipated reinstatement on international currency markets.

  • This would be a huge milestone for Iraq’s economy and a lucrative opportunity for investors, especially US companies looking to enter this emerging market. 💼🌟


Summary:

The CBI’s 2024 outlook reveals a cautious but determined strategy to prepare Iraq’s financial system for a historic redenomination and revaluation of the Iraqi dinar. The groundwork — reducing dollar reliance, building reserves, and addressing inflation perceptions — is in place. The coming months, especially this September, might finally bring concrete moves on the Project to Delete Zeros, making this one of the most critical moments in Iraq’s economic rebirth.


Stay updated with exclusive insights and breaking news! 🔥👇

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NADER FROM MID EAST: CC VIDEO : 🚨 “Iraqi Dinar: Truth, Hype & What’s Really Going On” 💸🔥

💼 ERBIL PRESENTS A NEW PROPOSAL TO BAGHDAD REGARDING NON-OIL REVENUES 💰⚖️

 💼 ERBIL PRESENTS A NEW PROPOSAL TO BAGHDAD REGARDING NON-OIL REVENUES 💰⚖️

(Will this finally solve the budget dispute?)


📌 HIGHLIGHTS: A Fresh Move to End the Budget Deadlock 📌


🆕 1. KRG Proposes New Revenue-Sharing Deal 💸🤝

The Kurdistan Regional Government (KRG) has submitted a new proposal to Baghdad's Ministry of Financeregarding non-oil revenues, aiming to ease tensions over budget and salary disputes.

🔁 The plan includes:

  • KRG handing over 50% of revenues collected by federal institutions operating inside Kurdistan.

  • Revenues include passport feesnational ID feesborder crossing revenues, and more.


📈 2. From 60–70 Billion → to 100 Billion Dinars 💵

💡 This new arrangement could boost KRG’s monthly non-oil revenue transfers to 

100 billion dinars, up from the current 60–70 billion.

📊 Baghdad’s 2024 revenue report expects 180+ billion dinars from the KRG, so this is a step toward narrowing the gap.


⚖️ 3. Historical Tug-of-War Over Fees 🔁

Previously:

  • Both Erbil and Baghdad claimed 100% ownership over fees collected from federal institutions within the Region.

  • The Iraqi Ministry of Finance insisted that all revenue generated in Kurdistan should go to Baghdad.

This proposal suggests a  50/50 compromise, which could mark a major breakthrough in their long-standing disputes.


🗂️ 4. Proposal Now on Al-Sudani’s Desk 🖋️

✅ The proposal has already been submitted to the legal advisor to Iraqi PM Mohammed Shia al-Sudani.
📅 A final decision is expected during the next Council of Ministers meeting.

If approved, it could:

  • 💼 Unlock blocked federal salary payments to the KRG

  • 🔑 Pave the way for a longer-term budget solution

  • 🛣️ Move Iraq closer to finalizing the HCL (Hydrocarbon Law)


🧩 5. Why It Matters for Investors 🏦

This move shows serious efforts to resolve fiscal autonomy issues, a key part of the Oil and Gas Law puzzle 🧩
✅ More revenue discipline from KRG
✅ Better transparency and control for Baghdad
✅ A positive signal for the IMFWorld Bank, and international stakeholders

The reinstatement of the dinar and progress toward economic reform depend on these kinds of practical compromises.


🕊️ Final Thought:

Is this a real breakthrough, or just more bureaucracy? Time will tell. But this 50/50 proposal is the clearest sign yetthat both sides are inching closer to a workable solution. 💼🇮🇶


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MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART 2 🚀💰

 MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART 2🚀💰


🤝 Close to a Final Understanding on Non-Oil Revenues

You might want to check out the article titled “MASROUR BARZANI: WE ARE CLOSE TO A FINAL UNDERSTANDING WITH BAGHDAD REGARDING NON-OIL REVENUES.” 🇮🇶🤞 The Kurdistan Regional Government PM Masrour Barzani says talks with Baghdad are reaching their final stages. Despite hurdles, there’s hope for a breakthrough soon! 💪✨


🛢️ The Complex Puzzle of Oil, Gas & Foreign Companies

Iraq’s settlement on the Hydrocarbon Law (HCL) includes many players—foreign oil companies need their paychecks too! 💸 The proposal is $16/barrel for processing. This is a huge issue on the US priority list, so it can’t be ignored. ⚠️


🌍 Strategic Partnerships & Regional Growth

From the article “GOVERNMENT ADVISOR: LINKING AL-FAW PORT WITH OMANI PORTS WILL ENHANCE IRAQ’S REGIONAL AND INTERNATIONAL STANDING,”

 we learn Iraq is opening doors to Gulf countries and beyond! 🚢🌐 This is big for trade, partnerships, and Iraq’s global presence. The WTO involvement hints at a bright future! 💼📈


💼 Building a Sovereign Fund for the Future

President Rashid stresses the need for a sovereign fund from oil & gas revenues—a treasure chest for Iraq’s future generations! 💰⏳ Right now, $110B sits in the DFI fund without earning interest. This new fund will channel 

non-oil revenues into smart investments. 📊🏗️

The secret? Budget carefully on oil, save non-oil revenues, invest smartly—and Iraq could get filthy rich! 🤑🌟


😤 Why This Gets My Goat: Security, Stability, and the Missing Reinstatement

PM al-Sudani says Iraq is a pillar of security and stability 🛡️🌟 But… where is the Project to Delete the Zeros? Why no dinar reinstatement yet? 🤨

If Iraq is truly stable, why the delay? 🤷‍♂️ The CBI seems ready, so what’s really holding it back? This is the question we keep asking! 🐐❓


⏮️ A Look Back: Lessons from Last Year’s CBI Announcements

CBI in Sept 2024 said the economic climate was “not suitable” for redenomination. Iraq’s economy still relies heavily on oil and cash deals. 💸

It’s September again, and history shows this month often brings updates on deleting zeros. According to my insider, this year will be different — progress is coming! 🚦🔥


🚀 What’s Next?

We’re watching an epic, multi-layered race against time unfold. Iraq is building the foundation for a massive financial transformation—but the finish line is just ahead. ⏳💥


🔥 Stay tuned and follow for more updates!

🏦 Insider Bank Leak: New Digital Currency & System Rollout?! 💥 #DinarRevaluation #IQD

 


🇮🇶 THE PRESIDENT OF THE REPUBLIC: IT IS NECESSARY TO ESTABLISH A SOVEREIGN FUND FROM OIL AND GAS REVENUES 💰🌍

 🇮🇶 THE PRESIDENT OF THE REPUBLIC: IT IS NECESSARY TO ESTABLISH A SOVEREIGN FUND FROM OIL AND GAS REVENUES 💰🌍


🔥 HIGHLIGHTS: Iraq’s Future Fund – A Wealth Plan for Generations 🔥


🏦 1. Call for a Sovereign Wealth Fund

President Abdul Latif Jamal Rashid has called for the creation of a sovereign fund from Iraq’s oil and gas revenues, stating that these resources belong to both current and future generations. ⛽👶👴
This fund would secure long-term economic stability and protect Iraq’s wealth for years to come.


🌍 2. Regional Energy Power Moves

During the Baghdad International Energy Forum, the president hosted key figures including:

  • 🇱🇾 Libya’s Oil Minister

  • 🇪🇬 Egypt’s Petroleum Undersecretary

  • 🇹🇷 Turkey’s Energy Undersecretary

  • 🌐 OPEC’s Secretary-General

Rashid reaffirmed Iraq’s goal to be a regional energy leader, and welcomed constructive partnerships with global energy powers. 🤝🌐


♻️ 3. From Oil to Green Energy 🌱

The president highlighted Iraq’s readiness to invest in renewable energy and transition toward a green economy, while still maximizing oil revenue. A sovereign fund would bridge the gap between traditional energy profits and future sustainability. ⚡🌞


✅ 4. Iraq’s Stability = Investment Magnet

Iraq is now enjoying security and stability after years of conflict. Rashid sees this as the perfect moment to kick off real investment and build solid infrastructure for the energy and financial sectors. 🏗️🔋


🤝 5. Strong Signals to International Investors

The forum reinforced Iraq’s commitment to expand cooperation with international companies.
Translation? Iraq is open for business, and this sovereign fund will help attract more investment, while ensuring fiscal discipline and economic independence. 🏛️📈


📢 CONCLUSION:

This isn’t just another conference — it’s a strategic signal that Iraq is laying the foundation for generational wealth. The sovereign fund could be the key to unlocking real prosperity, funding future development, and building an economy that outlives oil itself. 🛢️➡️🏦➡️💸


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MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART. 1

 ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation


The clock is ticking for Iraq to resolve key issues repeatedly highlighted by the US. This ongoing saga has had many ups and downs, and while progress is being made, some challenges might not be fully resolved by the projected January 2026 reinstatement date. Negotiations are complex and happen on multiple fronts, so priorities may shift depending on what the US sees as most critical.


🔑 Key Updates from the Central Bank of Iraq (CBI):

  • The CBI is moving forward with the “Project to Delete the Zeros”—a key part of the currency reform—based on the assumption that major issues will get resolved.

  • But slow past performance keeps some cautious about the exact timing.


💥 Iraq’s Financial Power is Rising Fast!

  • Iraq is rapidly becoming a financial superpower, thanks to major reforms and diversification beyond oil.

  • Non-oil revenues have jumped dramatically—from tariffs, customs, and other sources—adding significantly to Iraq’s income.

  • This diversification adds to oil revenues; it doesn’t replace them.

  • Efforts to tackle corruption and curb money laundering to Iran have been vital in this progress.


⚖️ Regional Revenue Disputes: Kurdistan & Baghdad

  • Baghdad has refused to sign a tripartite oil payment agreement involving the Kurdistan Region and oil companies.

  • Talks continue, and a new proposal from Erbil (Kurdistan) suggests handing over 50% of certain federal fees(passport, border, etc.) to the federal government.

  • This non-oil revenue could amount to about 100 billion dinars, a significant new income stream but also a negotiation point.

  • Kurdistan argues that keeping 50% is fair due to operating expenses, and they must show proof of these costs.


🔍 What To Watch For:

  • How Baghdad and Erbil negotiate revenue sharing and budget/salary agreements will be critical.

  • The management of new revenue streams is essential to funding Iraq’s future projects and economic development.

  • Continued reforms and anti-corruption measures will shape Iraq’s financial stability and readiness for the RV.


Final Thought:

Despite obstacles and delays, Iraq’s financial transformation is real and accelerating. The groundwork being laid now is crucial for future success—both economically and geopolitically.

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