📢 GROUND REPORT HIGHLIGHTS – What’s REALLY Happening in Iraq?
🇮🇶 Daily intel keeps pouring in – Iraqis are hearing constant updates about: 💰 Monetary Reform 🏦 Banking System Upgrades 💳 Card & Account Access 💱 Exchange Rate News
🔥 BREAKING from Firefly (boots on the ground): ➡️ The Iraqi Dinar can now be used for P2P transactions 🌐 Works with PayPal, Venmo, Cash App, and more 🛫 No more border restrictions – Dinar moves freely across the region 📈 This opens the door to increased demand and value
🗣️ FRANK26: “YEAH!” – This is huge. Usage = Value. We’re on the move! 🚀
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FIREFLY Update: 👤 PM Sudani appears on Channel One, declaring: ✅ Iraq has overcome all challenges ✅ Now a stable and secure region in the Middle East
MNT GOAT: ⏳ STATUS OF THE RV: Iraq’s Race Against Time & Financial Transformation, PART. 4 🚀💰
Highlights & Key Points on Iraq’s Foreign Reserves & Central Bank Actions 🇮🇶✨
💎 1. Foreign Reserves = Currency Stability
Foreign exchange reserves are essential for any central bank to maintain currency stability and absorb shocks during crises.
The Central Bank of Iraq (CBI) holds reserves at a level that supports flexibility and stability, allowing it to meet foreign currency demands and balance payments effectively. ⚖️💱
📊 2. Reserves Coverage: Far Above Global Standards
Iraq’s foreign reserves cover an astonishing 83.62% of broad money supply, which translates to 15 months of import coverage.
By comparison, the global standard is just 20% coverage or 6 months of imports.
Managing reserves is complex given global economic pressures and local geopolitical conditions.
Despite these challenges, Iraq is positioning itself well to maintain financial health amid uncertainties. 🌪️🛡️
💼 4. CBI’s Proactive Role in Economic Stability
To counter global inflationary pressures from rising energy & raw material prices, the CBI:
Raised interest rates
Adjusted monetary policies to protect the dinar’s value
Issued banking regulations to control liquidity and prevent excess cash flow 📈⚖️
🏦 5. Strengthening Financial Foundations
The CBI has increased its foreign exchange and gold reserves, fortifying Iraq’s financial standing.
It also actively promotes financial inclusion by expanding digital banking and online financial services, paving the way for a modern economy. 💳🌐
🚀 6. Supporting Economic Growth & Development
The CBI plays a vital role in financing projects through soft loans and special funding programs targeted at productive sectors and small-medium enterprises (SMEs).
These efforts boost sustainable development and foster job creation in Iraq. 💼🌱
🔮 7. What Lies Ahead: Reinstatement & Project to Delete Zeros
There’s no end in sight to Iraq’s wealth generation—it will grow well beyond our investment horizon.
The crucial question remains: When will the CBI convince the IMF, US, and World Bank to support the reinstatement?
The CBI appears ready; now it’s about gaining international approval to start the Project to Delete Zeros, followed by the currency reinstatement if redenomination goes smoothly. ⏳💰
🙏 8. A Call for Prayer & Gratitude
Let’s pray for Iraq’s prosperity and stability—for the people to benefit from this abundance.
As long-term dinar investors, we share responsibility in supporting Iraq’s future and should be proud of our role.
Trust that God’s justice and blessings will reward our patience and faith 7 times over. ✨🙏❤️
Summary:
The Central Bank of Iraq is building a robust financial foundation through strong foreign reserves, proactive monetary policies, and support for economic growth. The path toward redenomination and reinstatement seems closer than ever, but international cooperation remains key. Meanwhile, Iraq’s wealth potential continues to rise, promising a bright future for the country and its investors.
Stay connected for the latest insights and updates! 🔥👇
Unmasking the Reality Behind the Dinar Revaluation – Stay Smart, Stay Informed!
👋 Welcome & Community Vibes
The speaker opens by greeting the community and encouraging smart skepticism 🧠. He warns against believing exaggerated dinar rates like $5, $7, or $10+ — calling them unrealistic and potentially harmful to your finances.
💳 CBI Launches Interwallet Transfers
The Central Bank of Iraq has introduced interwallet money transfer services 💼. This means users can send money between wallets (even across different providers) – a big leap toward digital banking and international integration🌍.
🤨 Strange Economic Article Raises Eyebrows
A recent article summarizes dinar news from August without explanation. It’s vague, confusing, and possibly a signal of hidden developments
. The speaker invites community members to help decode its real purpose. 🕵️♂️
🗳️ Why Revaluation Likely Comes After Elections
The speaker believes revaluation won't happen until after Iraq’s elections, due to ongoing political bargaining 🧩. Factors like budget negotiations, IMF involvement, and troop withdrawals all play a part in the timing.
⚖️ Iraq vs. Vietnam: Different Economic Models
Iraq = Oil-based economy = Potential for a stronger currency ⛽
Vietnam = Export/manufacturing = Weaker currency maintains trade advantage
🔑 Iraq’s natural resources (oil, gas, minerals) are key to its future valuation.
🏦 No New Dinar – Just Adjustments to Value
There’s no new Iraqi currency coming. Any change would involve removing zeros from Forex rates, not issuing new notes. The speaker refers to Iraq’s 1980s exchange rate as a benchmark goal 📈.
⚠️ Avoid Blind Speculation
Don’t overspend or make big decisions based on hopeful rumors. Be cautious with your money and focus on Iraq’s real progress:
Tourism 🌍
Natural gas exports 🔥
Infrastructure development 🏗️
🙏 Faith ≠ Financial Strategy
The speaker firmly warns against mixing religion with finance 🛑. He respects analysts like Frank & Mark but stresses that critical thinking is essential. Belief should never replace research or common sense.
🤝 Community Action & Closing Message
He encourages viewers to email the Central Bank of Iraq and ask questions about revaluation. 📬 Final thoughts:
Trust your own research 📚
Engage with the community
Stay grounded — don’t chase fantasies
✅ Key Takeaways
🔹 Iraq’s new digital financial services = modernization progress 🔹 Revaluation is tied to political timing, not hype 🔹 Don’t spend or plan based on inflated claims 🔹 Oil is Iraq’s economic backbone — long-term value possible 🔹 Keep faith and finance separate 🔹 Community engagement can push for transparency
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
The CBI has actively worked to reduce Iraq’s reliance on the US dollar in commercial transactions.
New banking mechanisms now allow operations using alternative currencies such as the Chinese yuan, Indian rupee, euro, and UAE dirham. This diversification helps stabilize the dinar and reduce pressure on the exchange rate caused by excess liquidity. 💱💪
🏦 3. Strengthening Financial Reserves & Stability
To fortify Iraq’s economy, the CBI has increased its
These reserves act as a financial buffer, protecting Iraq from global economic shocks and preparing for currency reforms. This move increases investor confidence and economic resilience. 🛡️💰
📉 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! 🔥👇
💼 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 fees, national ID fees, border 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 IMF, World 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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