Wednesday, December 10, 2025
THE ADVANCE CUSTOMS DECLARATION COMES INTO EFFECT
THE ADVANCE CUSTOMS DECLARATION COMES INTO EFFECT
(Mnt Goat: Looks like no more “hanky-panky” in falsifying documents for imports in order to get dollars. 
This should really help in the cause to shut down the parallel market. )
The decision to activate the system of prior customs declarations will come into effect starting today, Monday, in a step that is considered pivotal to regulating trade, controlling the market and preventing the disruptions that accompany import operations, as well as its role in protecting the local product and enhancing the confidence of the private sector and citizens in the integrity of the procedures.
This system represents an essential tool for tightening control over the entry of goods, as it requires the submission of the advance customs declaration issued by the ASYCUDA system, including the rapid access code (QR), via the OR platform within the validity of issuance system, along with the final commercial documents that include the declaration number, a final commercial contract or invoice with the total value, a description of the materials, their quantities, the country of origin and shipping, the name of the exporter and importer, the border crossing, the chassis number for cars, the name and code of the importing bank and company, and the data of the clearing agent.
The decision also requires that no external transfer be carried out by banks unless they are provided with the prior customs declaration and accompanying documents, and obliges them to include the declaration number in the transfer system (SWIFT) instead of the previous data, which makes the declaration a “passport” for any commercial transfer.
Economic expert Khaled Al-Jabri told Al-Sabah that “regulating the market begins with accurately controlling import and export operations, and knowing the nature of the goods entering and leaving and the entities that own them.”
He added that in order for the advance customs declaration to play its true role, the legislative framework needs to be updated through a new tax law and a clearer companies law, in addition to regulating the labor law and commercial agencies.
Dollar transfers
The spokesperson pointed out that this regulation should be accompanied by clear oversight of dollar transfers to prevent any ambiguity that could negatively affect market stability.
Al-Jabri explained that these measures will determine the routes of commercial transfers and control border crossings and customs revenues, which gives regulatory institutions greater ability to follow up and enhances the confidence of the private sector and citizens in the integrity of the procedures, warning that the continuation of chaos keeps the door open for manipulation, while precise regulation constitutes an essential step towards a more stable market.
Updating the commercial register
Al-Jabri addressed the phenomenon known as “burned companies” and said: Registering alternative companies to escape accountability is a practice that must end in conjunction with cleaning up and updating the commercial register.
He pointed out that eliminating this method will reduce evasion and enhance legal accountability, stressing the need to impose strict controls on importers and adopt precise specifications that ensure the entry of compliant goods and enhance transparency and smoothness in the market.
Clear customs system
For his part, industrial development consultant Amer Al-Jawahiri believes that the advance customs declaration represents a new method for regulating financial movement, and it should be applied in all of Iraq’s ports without exception.
He pointed out that the success of this step is linked to providing accurate pricing at the ports, which ensures a clear customs system that reduces cases of illicit enrichment.
Al-Jawahiri stated that the application of this system must be based on modern digital means that ensure the accuracy of the procedures, indicating that the evaluation of its results will be clearer after a period of its application.
Adjusting procedures
It is worth noting that the pre-declaration system will be implemented gradually starting from the first of this month, initially applying mandatorily to a range of goods including gold, cars, electrical appliances, and mobile phones, with the aim of expanding its application to all goods by the beginning of next year. This system is expected to streamline customs procedures, regulate imports, and provide accurate statistics to inform import policy.
Post-check
The advance declaration is also expected to become a passport for financial transfers, which will facilitate subsequent auditing and reveal cases of inflated invoices that some importers previously resorted to. The regulatory bodies will perform the matching according to digital mechanisms that were prepared in advance for this purpose, in addition to the oversight carried out by the Border Ports Authority and the newly established auditing centers in the Customs Authority.
In light of these measures, observers predict that the coming period will witness the establishment of new companies or the entry of others into the field of banking transfers, in an attempt to escape the violations that befell what is known as the “burned companies”.
Iraq to Gain Full Sovereignty by January 1, 2026? Frank26 Analysis & UN Withdrawal Explained
Iraq to Gain Full Sovereignty by January 1, 2026? Frank26 Analysis & UN Withdrawal Explained
Historic News: UN to End Supervision Over Iraq
In a powerful boots‑on‑the‑ground update, shared by FIREFLY and analyzed by Frank26, Iraq appears to be approaching one of the biggest milestones in its modern economic and political history:
The United Nations has agreed to release Iraq from its sanctions oversight and end its supervisory role—within 23 days.
FIREFLY reports:
“The United Nations is leaving Iraq… They told us Iraq can be a fully sovereign nation within 23 days. Iraq has met all international qualifications.”
This is a massive development with profound implications for Iraq’s monetary reform, international standing, and the long‑anticipated Iraqi Dinar reinstatement.
Featured Snippet:
Iraq is expected to regain full sovereignty by January 1, 2026, after the UN agreed to end its supervisory role. Analysts believe this aligns directly with the timeline for Iraq’s monetary reform and a potential Dinar RV.
January 1, 2026 — A Critical Target Date
FIREFLY and Frank26 both highlight a major detail:
23 days from now is January 1, 2026.
Frank26 responds:
“This really smells good… January 1, 2026 has been targeted!
You’re about to have purchasing power, IMO.”
Your currency is about to go into international markets…
He further states:
“You will be fully sovereign on that day. The UN is leaving because they’re done, and Iraq is done.”
This aligns precisely with reports from the CBI indicating a targeted timeframe of early 2026 for the implementation of the Project to Delete the Zeros and reintegration into the global financial system.
A Fully Sovereign Iraq Means…
Once Iraq is no longer under UN supervision, it gains the unrestricted ability to:
✔ Execute monetary policy independent of foreign oversight
✔ Reinstate the Dinar on the international stage
✔ Move freely into global currency markets (FOREX)
✔ Activate international banking agreements
✔ Implement the new digital/electronic payment frameworks
✔ Strengthen purchasing power inside Iraq
This is exactly what investors have been waiting YEARS to see.
A Return to “Normality” and Equal Status
FIREFLY added:
“The Iraqi government requested this for a more equal relationship with the United Nations… and it was granted.”
This signals that Iraq has:
Achieved required international standards
Stabilized its government
Advanced its financial and banking reforms
Satisfied UN benchmarks regarding sovereignty
These are essential prerequisites for any major currency reform.
What This Means for the Dinar RV
Frank26 interprets these moves as a clear signal:
“Everything they’re telling you is for one reason only… your currency is about to play with the big boys across the border.”
“You will be 1 to 1 on par with the American dollar inside your country.”
This aligns directly with central bank reforms, international banking integration, and Iraq’s economic stabilization measures throughout 2024–2025.
Q&A Section
Q: Does UN withdrawal guarantee an RV?
A: Not guaranteed, but it removes one of the biggest barriers preventing Iraq from full financial sovereignty.
Q: Why January 1, 2026?
A: Iraq historically aligns major currency and budget adjustments with the beginning of a fiscal year. Dr. Shabibi publicly stated this years ago.
Q: Will Iraq go 1:1 with the USD?
A: Frank26 believes so inside Iraq, as part of the monetary reform. International rates may differ.
Q: Does this mean the RV is imminent?
A: All signals point to Iraq preparing the environment required for a reinstatement—but timing remains dependent on the CBI and government coordination.
Key Takeaways
The UN is officially preparing to end oversight on Iraq.
Iraq will be fully sovereign within 23 days.
January 1, 2026 appears to be a target date for completion.
Monetary reform and international re-entry of the IQD are strongly implied.
Iraq’s currency is being prepared to “play with the big boys.”
This is arguably the most exciting development for Dinar investors in years.
Stay Connected for More Breaking Updates
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Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Sudani has just asked permission from the United Nations to be released from the sanctions...It is said that the United Nations will release Iraq from under their vision.
The United Nations is leaving Iraq. They are going to release us from under their supervision of us.
They told us Iraq can be fully sovereign nation within 23 days...They said Iraq has met all international qualifications...
The Iraqi government requested this for a more equal relationship with the United Nations and it was granted a return to normality. ..It's a pretty big milestone for us...
FRANK: This really smells good...because 23 days from now is January 1, 2026.
Are they trying to tell you something? IMO, I think they are trying to tell you, you will be completely sovereign on that day and that's why the United Nations is leaving because they're done and you are done...It is a major announcement about your monetary reform...You guys are about to have purchasing power IMO and your currency is about to play with the big boys across the border...They're not playing any games.
They're not using slight of hands. Everything they're telling you is for one reason and one reason only. Your currency is about to go into the international markets...You are now going to go 1 to 1 on par with the American dollar inside of your country...January 1, 2026 has been targeted!
THE US EMBASSY IN BAGHDAD: WE ARE COORDINATING WITH KURDISTAN AGAINST “MALICIOUS” ENTITIES TARGETING IRAQ’S STABILITY
THE US EMBASSY IN BAGHDAD: WE ARE COORDINATING WITH KURDISTAN AGAINST “MALICIOUS” ENTITIES TARGETING IRAQ’S STABILITY
The US Embassy in Baghdad announced a meeting between the embassy’s senior defense official and officials from the Kurdistan Region’s Ministry of Interior and the Peshmerga, to coordinate against “malicious” entities targeting Iraq’s stability and infrastructure.
This comes after the Kormor gas field in Sulaymaniyah province was subjected to a “terrorist” attack at the end of last month, and security investigations led by the Iraqi authorities yesterday revealed that it was carried out by two drones by “outlaw” groups.
The US Embassy in Baghdad stated in a short blog post on its official X platform on Thursday, December 4, 2025, that “Senior Defense Official, Colonel Bagley, met with senior officials in the Ministry of Interior and the Peshmerga forces in the Kurdistan Regional Government of Iraq to enhance coordination against malicious actors targeting Iraq’s stability and vital infrastructure,” stressing that “the United States remains committed to supporting security efforts and strengthening Iraq’s sovereignty.”
MNT GOAT: Iraq Updates: Hoshyar Zebari on Elections, Oil & Gas Law, and Dinar RV Progress
Iraq’s Former Deputy Prime Minister Speaks on Elections
Hoshyar Zebari, Iraq’s former Deputy Prime Minister, shared insights on the nation’s post-election future. Investors are closely monitoring these developments, as the outcomes may affect the Dinar RV and Iraq’s financial reforms.
Featured Snippet:
“Hoshyar Zebari highlights the importance of stable governance and reforms to ensure Iraq’s reintegration into global markets.”
Progress on the Oil and Gas Law (HCL)
For the first time in 20 years, the Oil and Gas Law is advancing:
Cabinet approval and parliamentary passage are underway.
Kurdish representatives are largely onboard, supporting smooth implementation.
Expected to be one of the first bills taken up by the new parliament in 2026.
Featured Snippet:
“The Oil and Gas Law is moving forward, with strong assurances it will pass parliament and support Iraq’s economic development.”
Parallel vs Official CBI Dollar Rate
The Central Bank of Iraq (CBI) has addressed concerns over the parallel market:
Controlled spikes in the dollar are expected, often driven by speculation.
Recent spikes related to the ASYCUDA advance customs declaration are under control.
Measures are being implemented to eliminate the parallel market, including electronic banking and QR rapid access systems.
The CBI is coordinating with 80 international banks for broader currency access.
Featured Snippet:
“CBI reforms ensure the parallel market poses no threat, paving the way for a stable Dinar reinstatement.”
Collection of Currency Outside the Banking System
A major challenge has been the 90 trillion IQD held by the public outside banks:
The CBI is implementing electronic payment systems and point-of-sale measures to reduce hoarding.
Both old and new denominations will circulate for at least a year after zero removal.
This ensures liquidity and a smoother transition during the Dinar RV.
Featured Snippet:
“Electronic banking initiatives are reducing cash hoarding, with CBI ensuring proper circulation of new and old banknotes.”
Election and Political Dynamics
Iranian influence remains a concern, with some militias and elected officials connected to Iran.
U.S. Special Envoy Mark Savaya and coordination with the US Ambassador are critical to ensure reforms proceed smoothly.
al-Sudani is likely to continue as Prime Minister for a second term, though objections may arise from opposition factions.
Political stability must align with financial reforms to allow successful Dinar reinstatement (RV).
Featured Snippet:
“Political stability and continued reforms are essential for the timely reinstatement of the Iraqi Dinar and reintegration into Forex markets.”
Key Takeaways
Hoshyar Zebari emphasizes stability and reform post-elections.
Oil and Gas Law (HCL) is on track for parliamentary approval in 2026.
CBI reforms address currency hoarding, parallel markets, and banking modernization.
Dinar RV remains targeted for early 2026, with flexibility depending on political and fiscal readiness.
Citizens and investors should monitor progress closely for strategic opportunities.
Recommended Reading
“The Central Bank Wants to Solve the Cash Problem” (12/2 Newsletter)
“The Advance Customs Declaration Comes into Effect” (12/4 Newsletter)
“The Oil and Gas Law: Kurdish Priorities in Government Formation” (11/20 Newsletter)
Stay Connected
For the latest updates on Iraq, the Dinar RV, and financial reforms:
TELEGRAM: https://t.me/DINAREVALUATION
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Hashtags
#IraqUpdate2025 #HoshyarZebari #IraqiDinarRV #CBIReforms #OilGasLaw #CurrencyReform #IraqPolitics #EconomicReformIraq #RV2026 #Dinarevaluation
IRAQ’S FORMER DEPUTY PRIME MINISTER HOSHYAR ZEBARI SPEAKS ON THE COUNTRY’S FUTURE AFTER ELECTIONS
Watch this video interview and see if you can figure out as to how this may turn out for us investors.
(Mnt Goat: This is still the sour grape and Iraq awaits President Trump’s special envoy Mark Savaya to arrive. Let’s see what happens from his meetings.)
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- Passing and Implementing the Oil and Gas Law (or HCL): Please seethearticle below for an update on this new law:
“AN ENDLESS CRISIS: WHY HASN’T THE OIL AND GAS LAW BEEN RELEASED FROM THE DRAWERS FOR 20 YEARS?” from today.
Seems they want to get the new law from the cabinet to parliament to try to pass it finally. I think everyone is finally onboard with this including mostly Kurdistan. They are actually now following the provisions within the law and so I don’t think it is going to be hard to pass. So it will probably be one of the first bills taken up in the new parliament in 2026.
“THE OIL AND GAS LAW: KURDISH PRIORITIES IN THE IRAQI GOVERNMENT FORMATION NEGOTIATIONS” from 11/20 Newsletter
(Mnt Goat: I do not believe this is any longer going to be an issue and there are strong assurances that the Oil and Gas Law will finally go to parliament and be voted on and pass.)
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- Parallel vs Official CBI rate of the dollar: Well,,,well,,, we have certainly heard lots about the parallel market and so according to the CBI this is no longer of any real concern. They told us they expect spikes in the dollar from time to time and so we have had them. However, they are controlled spikes since they occur mostly under speculation or when the CBI decides to make changes that effect the dollars in some way. For instance, of the recent spike when the CBI proposed the ‘advance customs declaration’ issued by the ASYCUDA system. The speculators in the dollar (black market) tried to kill the CBI program with claiming they needed a devaluation in the dinar. It was all just hyped up and we read multiple articles on it. Surely a devaluation would have made the market much worst but in their favor. See articles titled:
“THE ADVANCE CUSTOMS DECLARATION COMES INTO EFFECT” from the 12/4 Newsletter
“THE CENTRAL BANK WARNS THOSE SPREADING RUMORS ABOUT THE DOLLAR EXCHANGE RATE” from the 12/2 Newsletter
“PRESSURE ON THE CENTRAL BANK TO CHANGE THE EXCHANGE RATE CONSTITUTES INTERFERENCE WITH ITS INDEPENDENCE” from the 12/2 Newletter
“THE CENTRAL BANK SETTLES THE DEBATE: THERE IS NO INTENTION TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR” from 11/25 Newsletter
(Mnt Goat: I do not believe this is any longer going to be an issue. The CBI has told us already many times this is not a major issue and they can control the parallel market. That any recent spikes they predicted form speculators and are short lived. Soon there are measures that will eliminate the parallel market all together like the advance customs declaration issued by the ASYCUDA system, including the rapid access code (QR). The CBI is working with 80 international banks already and soon most banks will be allowed to work with any international currency once the Banking Reform project is completed. This has international IQD written all over it.)
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- Collection of the 80% of currency outside the banking system: Every week there is an article on this one in some fashion or closely related. It is of major concern. amount of cash held by the public is estimated at around 90 trillion dinars, out of a total money supply of 98 trillion dinars in Iraq.
Remember that this retrieval of currency is all related to the electronic banking and Point of Sale. These are ways to avoid more stashes in the future. Today we have yet more articles titled:
“ECONOMIC: THE SHIFT TOWARDS AN ELECTRONIC PAYMENT SYSTEM PROVIDES THE STATE WITH FINANCIAL LIQUIDITY” from today.
“THE ELECTRONIC PAYMENT SYSTEM: A DIGITAL TRANSFORMATION THAT THREATENS CITIZENS’ TRUST” from today.
“THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM” from the 12/2 Newsletter.
“CENTRAL BANK OF IRAQ: NET CURRENCY IN CIRCULATION EXCEEDS 92 TRILLION DINARS IN ONE MONTH” from 11/20 Newsletter
“FINANCIAL EXPERT: PEOPLE DO NOT TRUST BANKS AND ARE STORING THEIR MONEY AT HOME” from 11/4 Newsletter
(Mnt Goat: I do not believe this is any longer going to be an issue as value will be added to these stashes of notes, which we were just told are mostly the older lower denominations. We are told the the older notes and the newer lower denominations will coincide both in and out of Iraq for at least a year once the remove the zeros project occurs.)
Election Update:
Lastly the other swamp that must be drained is the infiltration of Iran into Iraqi politics and the move by Iran to make Iraq a puppet state. Iran wants the GOI to fund the Iranian militia…. and make it legal too. How about that for corruption? By all the news we have been reading from my blog, most should realize by now the severity of this past November elections and what it will mean to get al-Sudani back for a second term. Oh boy…. does this sound familiar with Donald Trump and his second term…. Many say in Iraq that this past election is critical for Iraqi just as the last election was so critical in the U.S. and for the future survival and prosperity of both countries. The parallels of the US politics to Iraqi politics are uncanny, almost scary how we could have lost both countries to the dark side. It is not hard to see some entity behind the scenes orchestrating these events for the betterment of mankind. Could it be God’s Hand?
New details have emerged about the talks for selecting a prime minister, and this is the American position. Former MP, Abdul Hadi Al-Saadawi, revealed new details about the coordination framework talks for selecting the next prime minister, clarifying the American position on the new government. I do not know what will happen about all these Iranians who won so many seats in the election. We are still waiting to hear how the U.S. wants to handle this issue. More than likely, the dual passports and citizenship issue will arise and may eliminate them from politics. The second runners-up, if not Iranian, may take the seat.
As far as the prime minister, I strongly feel that al-Sudani will be continue for a second term. There will be objections, appeals and petitions to stop him especially from the Coordination Framework, just as there are elements still trying to stop president Trump from running, then from being elected and now even once he took office. So, what plans will be made to remove the militia troops on the ground still has to be worked out. The CBI is waiting news from US Special Envoy Mark Savaya and the US Ambassador. Again, remember that the CBI has worked and is still working in tandem behind the scenes and ahead of the GOI so the GOI has to catch up. There has to be a balance of politics with the financial reforms occurring.
Having read my RV Status for this period when do you think the RV will happen?
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