MNT GOAT: 🇮🇶📢 IRAQ'S MONETARY REFORM: THE DELETE THE ZEROS PROJECT AND THE ROAD AHEAD

 MNT GOAT

🇮🇶📢 IRAQ'S MONETARY REFORM: THE DELETE THE ZEROS PROJECT AND THE ROAD AHEAD

After reviewing the latest developments, this is my understanding of Iraq's current monetary reform situation.

📌 The official message remains clear:

There is currently no official decision to remove the zeros from the Iraqi dinar.

Iraqi officials have explained that the Delete the Zeros Project is a highly technical process that requires:

✅ Economic stability.
✅ A prepared banking system.
✅ Favorable financial conditions.

This tells me the project has not been abandoned. Instead, Iraq appears to be focused on creating the right environment before moving forward.

NEWS: ZAYDI’S ADVISOR TO RUDAW: THERE IS NO DECISION TO REMOVE ZEROS FROM THE DINAR”

---

💰 Iraq Is Not Facing a Financial Collapse

Despite the major decline in oil revenues caused by recent regional events, Iraq continues to:

🟢 Meet salary obligations.
🟢 Maintain foreign currency and gold reserves.
🟢 Support government financial commitments.

The message coming from officials is that Iraq is dealing with temporary liquidity and cash-management challenges, not a structural financial crisis.

That distinction is very important.

NEWS: “MONETARY STABILITY MAP: AL-ZAYDI’S ADVISOR REVEALS THE TRUTH ABOUT REMOVING ZEROS AND THE REASONS FOR THE SCARCITY OF SMALL DENOMINATIONS”

---

🏦 Monetary Reform Requires Stability

One of the biggest points I see is that Iraq is trying to balance short-term financial needs while protecting its long-term monetary reform plans.

Injecting liquidity can help stabilize the economy during difficult periods, but maintaining control over the money supply is also important for any future currency reform.

A project as significant as removing zeros from the currency requires confidence, preparation, and stability.

---

🛡️ The Security and Political Factor

Another major piece of this situation is Iraq's internal stability.

Strengthening government control, addressing armed factions outside state authority, and improving the security environment appear to be important steps before major economic reforms can fully advance.

Monetary reform is not only about currency—it is also about the overall strength and stability of the country.

---

👀 Information Regarding the CBI Contact

Another point being discussed is information coming from a source described as a CBI contact.

According to that information:

📌 The Delete the Zeros Project remains a long-term objective and has not been discarded.

📌 The timeline depends on completing the necessary cleanup and stabilization steps.

📌 A key deadline being discussed is the completion of security-related actions by September 30, 2026, including efforts related to reducing the influence of armed factions and strengthening state control.

📌 The same source indicates that January 2027 is being viewed as a possible target window for moving forward with the monetary reform process if the required conditions are achieved.

⚠️ It is important to remember that these dates come from an unverified source and have not been officially announced by the Central Bank of Iraq or the Iraqi government.

---

📌 My Conclusion

After looking at all the information together, my conclusion is:

🇮🇶 The Delete the Zeros Project appears to remain part of Iraq's long-term monetary reform strategy.

✔️ There is no official cancellation.
✔️ Iraq continues emphasizing economic and banking readiness.
✔️ Stability—financial, political, and security-related—remains the key factor.
✔️ The next major milestones to watch are the developments around September 30, 2026 and the possible January 2027 timeframe being discussed.

I will continue following the official announcements and developments as Iraq moves through this important stage of its economic reform journey.

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social

📌 YOUTUBE: https://www.youtube.com/@DINARREVALUATION

#Iraq #IraqiDinar #IQD #DeleteTheZeros #CBI #MonetaryReform #EconomicReform #CurrencyReform #FinancialNews #MiddleEast #EconomicStability

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

🚨🇮🇶 BAGHDAD: IRAQ’S WTO FUTURE MAY HINGE ON A DINAR READY FOR GLOBAL USE 💱🌍 #IQD #Iraq #IraqiDinar

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social

📌 YOUTUBE: https://www.youtube.com/@DINARREVALUATION

🇮🇶📢 IRAQ SENDS A MESSAGE OF CALM: NO DECISION ON THE "DELETE THE ZEROS" PROJECT... FOR NOW

 🇮🇶📢 IRAQ SENDS A MESSAGE OF CALM: NO DECISION ON THE "DELETE THE ZEROS" PROJECT... FOR NOW

📌 News Summary

The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed that there is NO official decision to remove the three zeros from the Iraqi dinar.

According to Salih, this is a highly technical and delicate process that can only be implemented when the following conditions are met:

✅ Favorable economic conditions.
✅ Financial and monetary stability.
✅ Extensive preparation of Iraq's banking system.

In other words, the Delete the Zeros Project has not been canceled. Instead, it remains on hold until the right economic and banking conditions are in place.

---

💰 What Is Happening With Iraq's Economy?

Over the past several days, rumors have spread claiming that Iraq was heading toward a serious financial crisis.

However, the Prime Minister's financial advisor offered a very different picture:

🟢 Iraq continues to hold strong foreign currency and gold reserves.
🟢 The government has the full ability to pay salaries, pensions, and social benefits.
🟢 The current challenges relate to temporary cash management—not a financial crisis.

In other words...

👉 A temporary liquidity or cash-management issue is not the same as a country running out of money.

👉 Iraq's leadership is making it clear that the country's financial foundation remains intact.

---

🔍 My Analysis

This statement appears to have one clear objective:

Restore confidence and calm the public after days of speculation, alarming headlines, and growing concerns that Iraq was facing a major financial collapse.

What stands out is that the government did not reject or cancel the Delete the Zeros Project.

Instead, officials repeated what they have consistently stated over the years:

📌 Monetary reform requires economic, political, and banking stability before it can be successfully implemented.

Until those conditions are fully established, the project will remain on hold.

---

🤔 So...

Many people are asking:

Who benefited from creating all the recent panic and frenzy?

At this point, there is no evidence identifying a specific group or individual. However, several possibilities are often considered:

📈 Financial speculation.
🏛️ Political pressure from competing factions.
📢 Misinformation or exaggerated interpretations circulating online.
⚠️ Or simply genuine uncertainty surrounding regional events and oil revenues.

What is clear is that today's official message is intended to reassure both the public and the markets:

✔️ Iraq still has strong international reserves.
✔️ The government can continue meeting its financial obligations.
✔️ Officials do not view the current situation as a structural financial crisis.
✔️ And the Delete the Zeros Project remains dependent on achieving the necessary economic and banking conditions—not on political speculation or internet rumors.

🇮🇶 Bottom Line: This announcement should not be interpreted as a setback for Iraq's monetary reform. Rather, it reinforces the government's long-standing position that stability must come first before implementing a major currency reform.

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social

📌 YOUTUBE: https://www.youtube.com/@DINARREVALUATION

#Iraq #IraqiDinar #IQD #DeleteTheZeros #MonetaryReform #CentralBank #Economy #FinancialNews #MiddleEast #Investment #Currency #EconomicStability #Analysis

---

AL-ZAYDI’S ADVISOR TO RUDAW: THERE IS NO DECISION TO REMOVE ZEROS FROM THE DINAR

The financial advisor to the Iraqi Prime Minister , Mazhar Muhammad Salih , confirmed that there is currently no official decision to remove zeros from the Iraqi currency . He pointed out that Iraq lost 85 % of its oil revenues due to the war (recent Iranian conflict, while its currency and gold reserves remained stable . Speaking to Rudaw Media Network on Thursday ( July 30, 2026) regarding rumors about changing the Iraqi currency and removing zeros , Salih said , ” There is no official decision . This is a delicate technical procedure that requires favorable economic conditions and extensive preparations within the banking system .” 

Regarding the dollar, the Prime Minister ‘s financial advisor indicated that Iraq possesses strong reserves , but political events have had their impact, explaining that “the war deprived Iraq of 80% to 85% of its foreign currency revenues .” Muzhir Muhammad Salih reassured employees and salary recipients , saying, ” There is no problem with the availability of cash for salaries. The Central Bank and the government have the full capacity to meet their financial obligations to employees , retirees, and the social safety net . The pressures we sometimes see are only related to cash management; they are temporary and not a financial crisis .” Muzhir Muhammad Salih also indicated that reserves

Currency and gold formed a strong shield to protect the value of the dinar and the stability of the market, despite the decline in Iraqi oil exports to 10% of their previous level due to the Strait of Hormuz crisis .

CHANNEL8 

Dana Gas and Crescent Petroleum stated that the supply of gas has been compliant with the terms of their contract, after the caretaker Kurdistan Regional Government announced that the companies' decisions were unilateral and neither approved nor authorized.

-----

⛽🇮🇶 Dana Gas, Crescent Petroleum and Kurdistan: The Gas Dispute That Reveals a Deeper Power Struggle in Iraq

📰 News Summary

Dana Gas and Crescent Petroleum stated that gas supplies have been carried out in compliance with the terms of their existing contracts.

This statement came after the caretaker Kurdistan Regional Government (KRG) announced that the companies' decisions were unilateral and that they had not been approved or authorized by the regional authorities.

In simple terms, there is a disagreement between two different perspectives:

🔹 The energy companies say:
"We are fulfilling our contractual obligations and operating according to existing agreements."

🔹 The Kurdistan Regional Government says:
"Decisions involving strategic resources cannot be made without our approval."

At first glance, this looks like a contractual dispute. However, the deeper issue is much bigger:

Who has the authority to control Iraq's oil and gas resources?

---

🧩 Beyond the Contract: The Real Issue Behind the Dispute

This conflict is not only about money.

In Iraq, oil and gas represent much more than revenue. They represent:

• political power;

• autonomy;

• sovereignty;

• control over the country's future.

The Iraqi Kurdistan Region has a long history of tension with the central government in Baghdad.

After decades of conflict, particularly under Saddam Hussein's regime, the Kurds achieved a significant level of autonomy within Iraq.

However, one issue has remained unresolved:

Who ultimately controls natural resources?

This is where the conflict begins.

🟡 For Erbil (the Kurdistan Region):

"If we have political autonomy, we should have the ability to manage our own energy resources."

🟢 For Baghdad:

"Oil and gas resources belong to the Iraqi state and must remain under federal authority."

---

🧠 Does Kurdistan Have a Feeling of Being Constantly Targeted?

During this discussion, an interesting question emerged:

Why does the Kurdistan Region often react from a defensive position, as if it is being ignored, pressured, or denied recognition?

Rather than calling this an "Oedipus complex," the more accurate political concepts would be:

🔹 Historical grievance
The perception of having been marginalized or treated unfairly over decades.

🔹 Political insecurity
The feeling that autonomy, identity, or political rights are always at risk.

🔹 Siege mentality
A tendency for a group or political movement to interpret external actions as part of a continuing pattern of hostility or pressure.

In the Kurdish case, these perceptions have historical roots:

• decades of conflict with Iraqi governments;

• struggles for political recognition;

• disputes with Baghdad over territory, revenues, and resources.

Therefore, for many Kurdish leaders, an energy dispute is not just about economics.

It is also about:

recognition, dignity, and political authority.

---

📜 The Connection With Iraq's HCL (Hydrocarbon Law)

This brings us to another important piece of the puzzle:

⛽ Why Has Iraq's Hydrocarbon Law Been Delayed for So Long?

The HCL is supposed to define:

✅ who controls oil and gas resources;
✅ who has authority to sign contracts;
✅ how revenues are distributed;
✅ what powers belong to Baghdad and what powers belong to Erbil.

But that is exactly why it has been so difficult to approve.

The HCL is not just an energy law.

It is a negotiation over:

the balance of power inside Iraq.

---

❓ Who Benefits From the HCL Remaining Unapproved?

The absence of a final law creates advantages for different actors.

---

🏛️ 1. Certain Sectors Within the Federal Government in Baghdad

As long as there is no definitive law:

• Baghdad can continue challenging Kurdish energy contracts.

• It can maintain political pressure on Erbil.

• It can argue that strategic resources must remain under federal control.

The legal vacuum becomes a political tool.

---

🏔️ 2. Certain Kurdish Political Actors Also Benefit

Although it may seem contradictory, the lack of a final law can also provide advantages to Erbil:

• it allows more flexibility in negotiating energy agreements;

• it protects existing contracts;

• it prevents a law that could reduce regional authority.

For some Kurdish actors, a highly centralized HCL could mean losing economic and political power.

---

💼 3. Political Actors Who Benefit From Continuous Negotiation

When clear rules do not exist, influence comes from:

• political deals;

• alliances;

• negotiations between parties;

• institutional leverage.

A clear law would reduce that space.

---

🌍 4. External Actors Who Prefer a Fragmented Iraqi Energy Sector

A unified Iraqi energy policy would make Iraq a stronger regional energy player.

Internal fragmentation:

• delays investment;

• creates legal uncertainty;

• slows major national projects.

---

⚠️ Who Loses From the Lack of Agreement?

The absence of a clear HCL harms:

❌ Iraq as a country, because long-term energy planning becomes difficult.
❌ The Kurdistan Region, because its contracts face uncertainty.
❌ International companies, because they face unclear legal authority.
❌ Iraqi citizens, because political disputes affect national revenues.

---

🎯 The Great Paradox

Everyone says they want a Hydrocarbon Law...

But they do not want the same Hydrocarbon Law.

🇮🇶 Baghdad wants:
A law that confirms federal sovereignty over resources.

🏔️ Erbil wants:
A law that recognizes regional economic autonomy.

🏢 Energy companies want:
Legal certainty and contract stability.

🏛️ Political parties want:
To maintain influence and negotiating power.

That is why the HCL has remained blocked for years.

The problem is not writing the law.

The problem is deciding:

Who gains power once the law exists?

---

🔥 Final Thought

The dispute between Dana Gas, Crescent Petroleum, and the Kurdistan Region is not simply a disagreement over contracts.

It is a manifestation of a much deeper question:

Is Kurdistan an autonomous region with the right to manage its own resources, or is it a region of Iraq whose resources must remain under central government control?

Until that political question is resolved, energy disputes will continue to emerge.

The gas is only the battlefield.

The real struggle is about:

power, autonomy, and recognition.

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social

📌 YOUTUBE: https://www.youtube.com/@DINARREVALUATION

---

#️⃣ Hashtags

#Iraq 🇮🇶
#Kurdistan 🏔️
#KRG
#DanaGas
#CrescentPetroleum
#HydrocarbonLaw
#HCL
#OilAndGas
#EnergyPolitics
#MiddleEastPolitics
#IraqEnergy
#Geopolitics
#PetroleumIndustry

🚨 IRAQ’S “DELETE THE ZEROS” STRATEGY: COULD IT SIGNAL A MAJOR CURRENCY REFORM AHEAD? 💰🏦 #iqd

 

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social

📌 YOUTUBE: https://www.youtube.com/@DINARREVALUATION

🚨 POSITIVE SIGNAL FOR IRAQ'S MONETARY REFORM? 🇮🇶💵

CHANNEL8

Iraqi PM advisor Mudhar Muhammad Saleh told state media that the CBI supports financial stability by managing banking liquidity and legally funding government needs without compromising its independence or monetary policy goals.

Saleh stressed that while short-term tools can manage liquidity crises from oil export disruptions, true security requires diversifying export routes and adopting long-term reforms to eliminate domestic debt.

He further said the government prioritizes sovereign spending like salaries and social welfare, rearranging disbursements and delaying non-essential expenses to guarantee uninterrupted payments despite temporary financial pressures.

-----

🚨 POSITIVE SIGNAL FOR IRAQ'S MONETARY REFORM! 🇮🇶💵

Iraqi PM advisor Mudhar Muhammad Saleh confirmed that the Central Bank of Iraq (CBI) remains committed to financial stability and refused to use an exchange rate change as a short-term solution to financial pressures.

✅ Why is this important? A premature change in the exchange rate could fuel inflation at a time when Iraq is still strengthening the economic foundations needed for long-term monetary reform.

The CBI has consistently emphasized the importance of maintaining single-digit inflation before any major currency reform and continuing to keep inflation under control afterward. By choosing stability over a quick fix, the CBI is reinforcing the economic discipline many believe is necessary before any significant monetary policy changes.

⚠️ This is not confirmation of an RV. However, it is another indication that the CBI remains focused on preserving the stable economic environment required to support Iraq's long-term monetary reform.

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social

📌 YOUTUBE: https://www.youtube.com/@DINARREVALUATION

#Iraq #IQD #IraqiDinar #Dinar #CBI #MonetaryReform #EconomicReform #FinancialStability #IraqNews #RV

🇮🇶 IRAQ STATUS | The Article 140 Challenge & Kirkuk’s Future 🛢️⚖️

 CHANNEL8

Fahmi Burhan, Chairman of the General Board of Kurdish Areas Outside the Kurdistan Region Administration, forcefully condemned recent statements by the Governor of Kirkuk regarding Article 140, describing them as unconstitutional and detrimental to regional stability and ethnic coexistence.

Read more: https://channel8.com/english/news/63108

----

🇮🇶 IRAQ STATUS | The Article 140 Challenge & Kirkuk’s Future 🛢️⚖️

📌 News Summary:

Fahmi Burhan criticized recent statements by Kirkuk’s governor regarding Article 140, calling them unconstitutional and harmful to regional stability and ethnic coexistence.

🔎 Analysis:

Article 140 remains one of Iraq’s biggest unresolved political issues. The process was designed to address disputed territories like Kirkuk through normalization, census, and a possible referendum.

Kirkuk’s importance goes beyond politics — it is one of Iraq’s most strategic oil-rich areas. Many believe Baghdad has little incentive to fully implement Article 140 because a possible shift of Kirkuk toward the Kurdistan Region could increase Kurdish political and economic influence.

By keeping the issue unresolved, Baghdad maintains its current authority over Kirkuk while avoiding a decision that could significantly change Iraq’s balance of power.

🌍 A long-term solution between Baghdad and Erbil could become a major step toward greater political stability, stronger investment confidence, and broader economic reform.

❓Will Iraq finally resolve Article 140 and achieve the stability needed for its next phase of development?

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

🔎 Analysis:

Article 140 remains one of Iraq’s biggest unresolved political issues. The process was designed to address disputed territories like Kirkuk through normalization, census, and a possible referendum.

Kirkuk’s importance goes beyond politics — it is one of Iraq’s most strategic oil-rich areas. Many believe Baghdad has little incentive to fully implement Article 140 because a possible shift of Kirkuk toward the Kurdistan Region could increase Kurdish political and economic influence.

By keeping the issue unresolved, Baghdad maintains its current authority over Kirkuk while avoiding a decision that could significantly change Iraq’s balance of power.

🌍 A long-term solution between Baghdad and Erbil could become a major step toward greater political stability, stronger investment confidence, and broader economic reform.

❓Will Iraq finally resolve Article 140 and achieve the stability needed for its next phase of development?

🔗📢 FOLLOW & JOIN OUR COMMUNITY

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

📌 BLUESKY: https://bsky.app/profile/dinaresgurus.bsky.social

📌 YOUTUBE: https://www.youtube.com/@DINARREVALUATION

#Iraq #Kirkuk #Article140 #Kurdistan #Baghdad #IQD #Dinar #IraqEconomy #PoliticalStability #MiddleEast