Nasif: Iraq now possesses huge offshore oil fields after the borders were established.
2/25/2026
Iraqi parliament member Alia Nassif confirmed on Wednesday that there are a number of oil fields, in addition to the “Dhurra” gas field, that contain large reserves and are located deep in the sea, and Iraq has not benefited from them previously due to border disputes with the Kuwaiti side.
Nasif told Shafaq News Agency that depositing the maps with the United Nations and establishing the borders made Iraq own these fields, which allows it to contract with international companies to extract oil and gas from the fields located in the sea waters.
Nasif, a member of the Reconstruction and Development bloc, added that contracting with international companies in the offshore oil and gas fields will contribute to boosting the country’s oil production and adding financial returns estimated at millions of dollars.
Yesterday, the head of the bloc, Bahaa al-Araji, considered that Iraq had become a Gulf state "practically" after depositing the country's maritime maps with the United Nations.
Days ago, Iraq deposited a complete map of its maritime zones with precise coordinates with the United Nations, in a move aimed at strengthening its maritime rights and bolstering its negotiating position on issues related to maritime borders, according to what the Director General of the General Company for Iraqi Ports, Farhan Al-Fartousi, told Shafaq News Agency.
The 2012 Agreement on Navigation in Khor Abdullah between Iraq and Kuwait is a technical and administrative remedy for the effects of the former regime’s invasion of Kuwait in 1990 and the resulting demarcation of borders under Security Council Resolution No. (833) of 1993. Article Six of the Agreement affirmed that it “does not affect the borders between the two parties in Khor Abdullah established under Security Council Resolution No. (833) of 1993.”
The Iraqi Council of Ministers approved the draft ratification law at the end of 2012, and the House of Representatives approved it by a simple majority under Law No. (42) of 2013, and it was published in the Iraqi Gazette in issue (4299) dated 11/25/2013.
The Federal Court also issued its decision No. (21/Federal/2014) dated 12/18/2014, as it distinguished between the law regulating the process of ratifying treaties, which requires a two-thirds majority according to Article (61/Fourth) of the Constitution, and the law ratifying a specific agreement, which is approved by a simple majority based on Article (59/Second).
Iraq’s deposit of maritime maps and official coordinates with the United Nations has sparked reactions in Gulf circles, amid calls to contain the repercussions of the move and address the issue through diplomatic frameworks and official channels.
Diplomatic tensions between Iraq and Kuwait have been escalating for years over the issue of demarcating the maritime border beyond point (162), which is the maritime extension that has not been completed in its demarcation between the two countries since the issuance of Security Council Resolution No. (833) in 1993. LINK
In a recent broadcast, Frank26 delivered a powerful mix of political commentary, financial updates, and personal “bank stories” from individuals engaging with U.S. financial institutions regarding foreign currency holdings.
The central theme? Banks appear increasingly prepared for conversations about foreign currencies — especially the Iraqi dinar — while political developments in Iraq and the broader Middle East continue unfolding rapidly.
Let’s break it down in a structured, SEO-optimized format.
Membership & Premium Access Instructions
Viewers were directed to join the KTFA forum at ktfalways.com, where they can:
Create a username, password, and email
Await approval (approximately 24 hours)
Access a premium tab for payment via PayPal or mailed check
Call directly for assistance: 419-283-2552
This membership structure provides access to deeper analysis and community discussions.
Political & Security Developments: Stability in Motion?
A significant portion of the video discusses ongoing political and security events, particularly in Iraq.
Key Highlights
Reports of over 40 political/security leaders eliminated, framed as improving regional stability.
A 3–5 day political restructuring campaign expected to lead to government formation.
An imminent agreement between Kurdish parties regarding the presidency.
Heightened security measures, including:
Airspace closures.
Increased border military presence.
Criticism of Iranian influence within Iraqi political structures.
The host credits former U.S. President Donald Trump with corrective measures related to sanctions and regional stability, contrasting prior administrations’ Middle East policies.
Political stability is often considered a prerequisite for major monetary reform. Security consolidation, government formation, and reduced external interference can:
Strengthen investor confidence
Stabilize fiscal policy
Accelerate legislative decisions
Bank Stories: Are Financial Institutions Preparing?
The most compelling portion of the broadcast revolves around multiple “bank stories” — firsthand accounts from individuals speaking with wealth managers and private bankers about foreign currency holdings.
Common Patterns Emerging
Across multiple banks, including major U.S. institutions:
Initial skepticism appears to be decreasing.
Foreign currency discussions are no longer automatically dismissed.
Banks reportedly have specialized back-office exchange departments.
Wealth managers ask detailed questions about:
Currency type
Volume held
Verification procedures
Some clients are escalated to private banking divisions.
What Is Private Banking?
Private banking is a specialized service within major institutions such as JPMorgan Chase and Wells Fargo.
It often includes:
Dedicated wealth advisors
Reduced or waived transaction fees
Higher exchange limits
Legal and financial planning services
Personalized portfolio structuring
In the stories shared, some individuals reported being treated as high-net-worth prospects based solely on foreign currency holdings.
One anecdote described bankers expressing visible excitement and even taking photos of large currency quantities (though verification procedures were not fully detailed).
Foreign Currencies Mentioned
The most discussed assets included:
Iraqi dinar
Zimbabwean currency
Dogecoin (DOG)
Dogecoin, for context, is a cryptocurrency originally created as a meme but later gaining widespread attention, partly due to public commentary from figures like Elon Musk.
Important Reality Check: What Banks Actually Do
While enthusiasm exists in anecdotal accounts, it’s important to clarify:
Banks verify foreign currency authenticity through specialized departments.
Exchange rates are determined by international markets.
Not all branches handle exotic currencies directly.
Policies vary widely by institution and region.
Foreign currency ownership does not automatically translate into liquidity or revaluation events. Due diligence and caution remain essential.
Political Context: Iran & Regional Security
The broadcast also includes strong opinions regarding:
Iranian militia activity
Sanctions policy
U.S. foreign policy differences across administrations
While perspectives vary, the broader takeaway is that regional military and political stability are viewed by currency observers as critical to economic reform.
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Are U.S. Banks Accepting Iraqi Dinar Conversations?
Yes, according to anecdotal reports shared by community members, many major banks no longer immediately dismiss Iraqi dinar discussions. Some wealth managers reportedly escalate clients to private banking departments for further evaluation, although verification and exchange policies vary by institution.
Q&A Section
Q: Are banks treating foreign currency holders seriously?
Anecdotal accounts suggest increased engagement, especially when clients request meetings with wealth advisors or private banking representatives.
Q: Does private banking mean a currency revaluation is imminent?
No. Private banking services are based on potential client asset value, not guaranteed currency events.
Q: Are banks equipped to handle exotic currencies?
Most major banks have back-office currency verification systems, but not all branches exchange every currency.
Q: Is political stability in Iraq important for monetary reform?
Yes. Stability, legislative progress, and security improvements are generally considered foundational elements before significant monetary policy shifts.
Q: Should investors rush into agreements?
No. The advice emphasized patience, avoiding premature contracts, and seeking legal guidance.
Spiritual Reflection & Personal Responsibility
The video concludes with spiritual encouragement centered on faith and personal connection, reminding viewers to focus on:
Gratitude
Patience
Relationships
Long-term perspective beyond financial matters
This blend of finance, politics, and faith is a hallmark of the broadcast style.
Key Takeaways
✔ Banks appear more open to structured conversations about foreign currency ✔ Private banking divisions are equipped for high-value clients ✔ Political stabilization efforts are ongoing ✔ Security developments remain fluid ✔ Patience and due diligence are essential
Momentum may be building — but informed decision-making remains critical.
This video centers around a discussion of recent developments in political and financial sectors, combined with several personal “bank stories” shared by individuals engaging with financial institutions about foreign currency holdings. The host repeatedly emphasizes that the content reflects personal opinions and encourages viewers to approach information cautiously.
Key Topics Covered
1. Membership and Premium Access Instructions
Viewers are directed to visit ktfalways.com to join the forum by creating a username, password, and email.
After membership approval (which takes about 24 hours), members can access a premium tab to pay via PayPal or by sending a check.
The host provides a phone number for direct assistance: 419-283-2552.
2. Political and Security Updates
Over 40 leaders involved in certain political/security issues are reported dead, which is framed as a positive step towards security and stability, credited to former President Donald J. Trump.
A campaign related to political restructuring is expected to last 3 to 5 days, potentially leading to a government formation.
An imminent agreement between two Kurdish parties over the presidency is happening live on television.
There is mention of heightened security, including:
Sudani shutting down airspace in their country.
Military presence along borders to prevent spillover from conflicts.
The host shares critical perspectives on Iran’s influence and the role of corrupt politicians within that context.
Historical context includes accusations that previous administrations (Clinton, Obama, Biden) financially empowered Iran’s nuclear program, while Trump is credited with corrective actions.
3. Bank Stories and Foreign Currency Experiences
Multiple personal accounts describe interactions with bank wealth managers concerning ownership of foreign currencies, especially Iraqi dinars, Dogecoin (DOG), and Zimbabwean currency.
Common themes across stories:
Initial skepticism from banks is fading; representatives often do not immediately dismiss foreign currency holdings as scams.
Banks have specialized back office currency exchange departments that handle foreign currency verification.
Wealth managers sometimes ask detailed questions about currency type and volume and engage in behind-the-scenes calculations.
Some customers are escalated to private banking services, which offer benefits such as no fees, no exchange limits, and personal legal representation.
Bank employees display genuine interest, even excitement, about foreign currency holdings, sometimes taking photos and celebrating large amounts.
One individual notes that despite personal bank account overdrafts, bankers treat their foreign currency holdings as signs of potential multi-millionaire or multi-billionaire status.
Customers are advised to be cautious about rushing into agreements or locking money in immediately and to take time to understand options.
A pamphlet from Chase Bank describing private banking services is highlighted as an example of bank readiness to handle such clients.
4. Encouragement and Spiritual Reflection
The host encourages viewers to take the initiative in engaging banks and not be discouraged by initial rejections.
Spiritual themes are woven in at the end, with an invitation to consider faith in Jesus Christ and belief in the afterlife.
Viewers are urged to focus on interpersonal connection rather than distractions from technology.
The host signs off with blessings, gratitude for donations, and reminders of upcoming live sessions.
Banks are increasingly acknowledging the legitimacy of foreign currency holdings such as Iraqi dinars; they no longer dismiss inquiries outright as scams.
Private banking services seem prepared to handle customers with significant foreign currency portfolios, offering specialized legal and financial support.
The host credits Donald Trump’s administration with restoring U.S. security and stability concerning Iran, contrasting with prior administrations’ policies.
The political and military situation in the Middle East remains tense, involving Kurdish political agreements, Iranian militias, and increased border security.
Viewers are encouraged to be patient, persistent, and informed when dealing with banks about foreign currency.
A spiritual message closes the video, inviting reflection on faith beyond financial matters.
Glossary and Definitions
Term
Definition/Context
KTFA
Online forum/website hosting discussions, membership, and premium content
Wealth Advisors
Bank employees specializing in managing wealth and investments, including foreign currency clients
Private Bank
Specialized banking service offering personalized financial management with fewer restrictions
Dinar
Currency of Iraq, subject of foreign currency investments discussed
Dogecoin (DOG)
Cryptocurrency mentioned as part of currency holdings
Sanctions
Economic restrictions affecting currency valuation and exchange
Coordination Framework
Political alliance mentioned related to Iranian influence and Iraqi politics
Recommendations for Viewers
Follow the template outlined in “Bank Story 2.0” (Canadian bank story) as a guide for approaching banks.
Be prepared to provide detailed information about currency types and volumes when contacting banks.
Use patience and persistence; initial rejections are common but many banks now engage seriously.
Avoid rushing into financial agreements or locking funds prematurely; seek legal counsel.
Stay informed about ongoing political developments as they may impact currency valuations.
Keywords
Foreign Currency Exchange
Wealth Management
Iraqi Dinar
Private Banking
Political Stability
Donald Trump
Iran Sanctions
Kurdish Agreements
Bank Stories
Security and Stability
This summary captures the essence of the video content, emphasizing factual information, personal anecdotes regarding banking experiences, political viewpoints, and spiritual reflections, all grounded strictly in the source transcript.
An American institute: Washington does not object to al-Sudani remaining for a second term and believes that he gives Iraq a chance for a reasonable balance.
2/25/2026 Baghdad – One News
The American “Pro Kings Center” revealed that the Trump administration sees the rise of Maliki as a threat to its strategy in Iraq, especially with the growing concern about the influence of armed factions and their regional intersections, which makes American pressure likely to escalate if the dispute deepens.
The institute indicated in its report that Washington does not object to al-Sudani remaining for a second term, and believes that he gives Iraq an opportunity for a reasonable balance between the United States and Iran.
However, its problem is not with a specific name, but rather it is an explicit rejection of al-Maliki’s return, which seems to be an unchangeable message, no matter what assurances the latter provides.
The American center added that this scenario presents two bitter choices: either insisting on Maliki, which entails a political and economic confrontation with Washington, or sacrificing him, which carries the potential for an internal rift that could reshape the Shiite alliances map for years to come. LINK
In 2025, Iraq stands at a pivotal crossroads. According to commentary from Mnt Goat, we are witnessing essential components of an economic RESET that must occur prior to reinstatement. The financial reforms appear largely complete, and international oversight institutions have signaled satisfaction. However, political timing—especially the 2025 elections—has introduced a pause.
So what’s really happening behind the scenes in Iraq’s economic transformation? And how close could we be to major monetary changes?
Let’s break it down.
IMF Oversight: A Major Green Light for Iraq’s Economy
One of the strongest indicators of progress is the close monitoring by the International Monetary Fund (IMF).
Reports indicate that:
The IMF is satisfied with Iraq’s reform progress
The IMF has expressed approval of economic stability
Structural and monetary reforms are meeting expectations
stability—especially in emerging or reforming markets. Approval from the IMF suggests that:
Fiscal policy adjustments are working
Inflation is under control
Banking sector reforms are advancing
Monetary reserves are stabilized
For investors and observers, this is a major foundational pillar of any potential reinstatement scenario.
Economic Stability Achieved – Political Stability Pending
While economic metrics appear solid, the 2025 elections have introduced a temporary waiting period.
In transitional economies like Iraq, political stability is just as important as economic reform. Investors and global institutions look for:
A stable governing coalition
Smooth election transitions
Clear legislative direction
Long-term reform continuity
The economic groundwork may be complete—but political timing matters.
Once election outcomes settle and leadership continuity is confirmed, momentum could accelerate rapidly.
As Mnt Goat says: “Things can change on a dime.”
Parliament Waiting on the 2025 Budget
Another critical signal is the pending federal budget.
The Iraqi Parliament is reportedly waiting for the finalized budget framework before moving forward with additional key legislation. The budget is crucial because it:
Reflects projected oil revenues
Defines spending priorities
Signals fiscal discipline
Establishes long-term financial planning
Budget approval often serves as a launchpad for broader monetary adjustments.
Without a finalized budget, major economic announcements are typically paused.
The Oil & Gas Law: A Long-Awaited Catalyst
One of the most important legislative pieces still pending is the Oil and Gas Law.
Why does this matter?
Iraq’s economy is heavily oil-dependent. The Oil & Gas Law would:
Clarify revenue-sharing between Baghdad and regions
Provide stability to international oil investors
Reduce internal political disputes
Strengthen fiscal transparency
Passage of this law would remove a long-standing structural uncertainty in Iraq’s economic system.
Parliament is expected to address it soon after the budget moves forward.
This sequence—budget first, Oil & Gas Law next—suggests a deliberate roadmap.
Are We Near a Monetary Shift?
There are reportedly “too many signs” indicating proximity to a major shift.
Key signals include:
✔ IMF satisfaction ✔ Economic stability confirmation ✔
Budget preparation ✔ Oil & Gas Law pending ✔ Election cycle nearing conclusion
When reforms, stability, legislation, and political timing align, changes can occur quickly.
Financial transitions often appear quiet—until they aren’t.
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What Must Happen Before Iraq’s Currency Reinstatement?
Before reinstatement, Iraq must demonstrate:
Sustained economic stability
IMF approval and monitoring compliance
A finalized national budget
Political stability following elections
Resolution of oil revenue legislation
Current indicators suggest economic requirements are largely satisfied, while political stability is still aligning.
Q&A Section
Q: Is the IMF satisfied with Iraq’s economic reforms?
Yes. Reports indicate that the IMF has expressed satisfaction with Iraq’s reform progress and economic stability metrics.
Q: Why are the 2025 elections important?
Political stability ensures continuity of reforms. Investors and international institutions wait for confirmed leadership before major monetary shifts occur.
Q: What role does the budget play?
The budget establishes fiscal discipline and signals financial readiness. Major economic announcements often follow budget finalization.
Q: Why is the Oil & Gas Law significant?
It stabilizes revenue-sharing and reduces internal disputes, strengthening investor confidence and economic transparency.
Q: Can things change quickly?
Yes. When political and economic stability align, shifts can happen rapidly.
Strategic Outlook for 2025
The pattern unfolding in Iraq suggests sequencing:
Economic reform completion
IMF approval
Election stabilization
Budget finalization
Oil & Gas Law resolution
Potential monetary adjustment
The waiting period may feel long—but in geopolitical timing, alignment matters more than speed.
“Wait and watch” may be the most accurate strategy right now.
Conclusion
Iraq’s economic RESET appears well underway. The IMF has signaled satisfaction with reform success and stability. The remaining piece is political alignment following the 2025 elections.
With Parliament preparing to move on the budget and Oil & Gas Law, the coming months could prove decisive.
There are indeed many signs suggesting we are very near.
Mnt Goat ...in Iraq we are witnessing parts of the RESET that must take place prior to the reinstatement. We know the IMF is closely monitoring the economy and have told us they are satisfied in all the reform success. They have told us they are satisfied with the STABILITY of the economy. But along came the 2025 elections and so now we wait for the political STABILITY to catch up.
I assure you things can change on a dime. Wait and watch! There are already too many signs we are very near. Parliament is waiting for the budget and will soon address the Oil and Gas Law.
CASH HOARDED IN HOME SAFES AND LOST TRUST IN BANK VAULTS
At the heart of the banking confidence crisis that is hindering the spread of electronic payments in Iraq, the majority of economic transactions are still conducted in cash, while savings remain completely outside the formal banking system.
However, the average Iraqi citizen manages his daily life entirely by relying on paper money, as he withdraws his salaries in cash, pays for his purchases in cash, and keeps his savings at home away from banks.
Meanwhile, electronic payment cards have become a routine part of daily life in neighboring countries, revealing that Iraq is about twenty years behind in adopting the simplest modern financing tools.
This delay reflects “weak confidence in banks,” as observers describe it, since the huge amount of cash is hoarded inside homes and exceeds 90 trillion dinars, or about 90 percent of the total cash in circulation, according to the latest data from the Central Bank.
In addition, statistics indicate that less than 20 percent of the population has bank accounts, compared to more than 50 percent in Saudi Arabia and the UAE, where digital payments have been commonplace for years.
A Baghdad resident said via Facebook, “I prefer to keep my money at home for fear of any potential banking crisis, as past experiences do not encourage trust.” A local economic activist stated, “The sector needs radical reforms to build trust, especially with the push to end cash payments in government institutions by July 2026.” A banking source noted that “electronic transactions grew by 17.7 percent in the first quarter of 2025, but reliance on cash still prevails despite the launch of platforms such as ePassole in the Kurdistan Region.”
Despite these government efforts, the biggest challenge remains convincing citizens of the security of the digital system amid fears of losing or freezing deposits.