ABOUT THE NEWSLETTER:

July 29, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today. It’s all very good.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love for YOU with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. I am saying this takes time and is like a third job.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.

Let’s all try to chip in!

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Proverbs 11:25

A generous person will prosper; whoever refreshes others will be refreshed.

More news….

IRAQ IS APPROACHING TRUMP’S TABLE AND IS NO LONGER IN THE HANDS OF THE US UNDERSECRETARY OF STATE.

Analysis by Dr. Ali Agwan

An Iraqi expert said that the US Secretary of State’s call today with Prime Minister Mohammed al-Sudani regarding the Popular Mobilization Forces and Kurdistan’s salaries indicates that Iraq is no longer a secondary issue in the hands of the deputy minister or a lower-level official. It is likely to become a clear priority for President Trump himself, following changes affecting the region’s economy, oil, and security.

More news….

ECONOMIST: FOREIGN COMPANIES ARE PREVENTING THE DELIVERY OF KURDISTAN’S OIL TO BAGHDAD AND STRIPPING IT OF IRAQI JUDICIAL PROTECTION.

(This article just came out in the news. All I can say is “I told you so” as the reason why all the chaos between Kurdistan and Baghdad.)

Economic expert Nabil al-Marsoumi said on Thursday that foreign oil companies with contracts with the Kurdistan Region are effectively preventing oil deliveries to Baghdad, asserting that these companies enjoy international legal cover that removes them from the jurisdiction of the Iraqi judiciary.

Al-Marsoumi explained in a Facebook post monitored by (IQ): “Those who believe that Kurdistan will hand over oil to Baghdad are delusional because the region does not actually own the oil. Rather, it is owned by foreign oil companies linked to the region through production-sharing contracts, under which the companies determine the level of costs, technology, production, and profits, and enjoy international legal cover that places them outside the jurisdiction of the Iraqi judiciary.”

He added, “In addition, handing over the oil means stripping the region of the treasure that provides its ruling parties with enormous financial resources and significant economic influence without contributing to the burdens or public expenditures in the budget.” He continued, “Therefore, the region should have been obligated to deduct the value of the oil produced in Kurdistan (after deducting costs) from the region’s share of the budget.”

More news….

PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.

Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed that the government has no intention of releasing the budget schedules due to the financial deficit.

“The government has not yet sent the 2025 budget tables to the Ministry of Finance,” Kocher told Al Furat News, noting that “the ministry informed the committee that it has not received any tables in this regard yet.” He explained that “the lack of serious intention to submit budget tables is due to the government’s current lack of need for them due to its severe liquidity crisis,” noting that “this deficit poses a major obstacle to the implementation of investment projects.”

Kocher explained that “the operational aspect of the budget does not pose a problem for the government, as spending is based on 1/12 of the previous year’s budget, which is sufficient to cover operational expenses without the need for new schedules.”

(There are a lot of thick people who won’t give up and come to grips with reality. READ MY LIPS: Iraq is NEVER going to publish the budget schedules under Article 12 of budget for 2025. This is NOT something we all should be expecting and looking for to gauge RV timing. Get it? The drop in oil prices changed Iraq’s financial plans. The fact that they decided to now pay May salaries to be followed by June and July salaries is an indication that they changed their plan. This article from the recent news also confirms what I am saying. It could not get any clearer. Instead, they are going to use the money that was for certain projects in 2025 to pay the salaries. They DO NOT want to borrow funds to do a deficit it would create. What more proof do you want? Really now folks! These RV intel gurus will go to any extent once they tell their lies. They will go on and on until December comes and then what lie will they tell you to make up for their other lies, more fake news? The new RV rate is NOT IN THE BIDGET – THEY ARE NOT HOLDING UP SHOWING THE ARTICLE 12 SCHEDULES BECAUSE OF AN RV/ Get it? Let’s put this budget issue to rest!)

More news….

IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.

Economic expert Nasser Al-Kanani revealed on Monday (July 28, 2025) that Iraq’s position as the Arab country with the largest gold purchases represents a strategic shift in the Central Bank’s approach to enhancing the country’s financial stability. Al-Kanani told Baghdad Today, “Iraq’s purchase of more than 20 tons of gold in a single year, and its rise to seventh place globally in this field, reflects a calculated move by the Central Bank to protect the national economy from fluctuations in foreign currency prices, especially the dollar.”

He pointed out that “gold is considered one of the safest reserve instruments, as it is not affected by fluctuations in the monetary market, unlike paper currencies. This gives Iraq a strategic advantage in confronting sudden crises and enhances confidence in its financial policies, both domestically and internationally.”

(You can read the full set of articles in today’s Articles Section about gold. WOW! 😊)

STATUS OF THE RV

No RV yet. But I do have some wonderful news for everyone that shows us significant changes are coming and coming soon. This news is all FACTUAL. We don’t have to guess or predict. We can see the writing is on the wall. There is going to be a situation soon that will allow the CBI to conduct the Project to Delete the Zeros and then move on to the reinstatement. I know I said this same statement in last week’s Newsletter and now we can see it even clearer.

Let’s first recap before I get into the most recent news so you can better understand the most recent news. So, here we go……

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Parallel Market vs CBI Official Rate (trigger for Project to Delete the Zeros):

If you remember my July 22^nd Newsletter I talked about some very important articles including those below. Just look at the headings and they tell the story:

Article titled “THE DINAR IS RECOVERING AND THE EXCHANGE RATE IS DECLINING TOWARDS THE OFFICIAL RATE” that the CBI predicts the parallel market rate to equal the “official” CBI rate.

Article titled “THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.”

This article is about a brief that goes on to say as part of a follow-up to last week’s report on the state of the Iraqi economy from the completion of the Article 4 Consultations, the IMF clarified as follows: ” Exchange Rate Arrangement “Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement.

Article titled “FOR THE THIRD CONSECUTIVE MONTH, THE CENTRAL BANK OF IRAQ SAW A SIGNIFICANT DECLINE IN DOLLAR SALES.” The head of the Iraq Future Foundation, Manar al-Obaidi, revealed on Monday that the Central Bank of Iraq’s foreign currency sales declined during the month of June sales decreased for the third consecutive month.

Article titled “THE US HAS STOPPED SENDING CASH DOLLARS TO IRAQ. IS THIS THE BEGINNING OF A BLOCKADE?” Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq, a move described as potentially the beginning of a “financial blockade” on some Iraqi banks involved in currency smuggling and money laundering.

Oh…. I asked myself could the news get any better?

Yes, the news has gotten MUCH better thsi period of reporting and we are on our way to the Project to Delete the Zeros, but only if all goes well. In fact, my CBI contact has told me just recently that they expect the parallel market rate to equal the official rate of the dinar in the coming weeks if not this week. Saleh tells us today that there is now only a 4% margin between the official rate and the parallel rate. WOW! WOW! WOW! Did I say this is “WOW!” news?

So, what will happen when this equilibrium between the rates is reached?

I have been told that the dollar may even go BELOW the official rate of the dinar. This of course would be fantastic. But it would have to stay there and not widely fluctuate. If this should occur there should be absolutely no doubt in anyone’s mind that the Project to Delete the Zeros will begin. The question is how long will they monitor this parallel rate change first before they pull the trigger on the Project to Delete the Zeros? In the plan devised in 2011 to reinstate it always seems to use 3 weeks as a standard of measurement for an inflation check.

I want everyone to remember that this is a very dynamic situation in Iraq, they must get off the dollar. Remember their currency is solely pegged to the dollar, so this also applies to the dinar. We must consider something that I don’t see in the news by anyone, especially by all these self-proclaimed intel gurus, as a reason why maybe the dollar was moving so low in Iraq. Could it be that the salaries weren’t paid for three months and simply put, there was very little cash floating around in the economy, thus little dinars even to buy dollars? Yes, could this be a bigger factor that even the economists talk about in all their articles on this subject matter? But let see what the news today tells us about this idea.

😊Well…… it was just announced that an agreement has been reached with the Kurds and the salaries are going to be released for May and June. See articles titled “ERBIL HANDS OVER OIL TO BAGHDAD, RECEIVES BUDGET SHARE” and “AFTER THE MAY SALARIES WERE RELEASED, THE JUNE SALARIES FOR KURDISTAN REGION EMPLOYEES ARE EXPECTED TO BE PAID.” Their words not mine. I am just reporting the news.

😊My question is will all this sudden large cash fluctuation in the economy that is coming effect the parallel market rate? I cannot predict and do not want to predict, and we will just have to wait and see what happens. But if you read the two articles titled “IRAQ CRACKS DOWN ON DOLLAR MARKET DISPARITY” and “THE DOLLAR APPROACHES THE OFFICIAL RATE: A REAL REFORM OR A TEMPORARY TRICK?” You will see in these articles that there are many other reasons why the dollar is crashing in Iraq and the dinar is rising. Could these other reasons protect the dinar?

So, these articles tell us that Iraq has already put measures in place that move to eliminate the gap between the official and parallel market exchange rates of the US dollar, so the parallel market rate should not be affected by this large influx of salary payments. Let’s just see what happens. But one must wonder. Was the delay in May and June salaries intentional for other reasons than just leverage to get from the Kurds what Baghdad needed? And what did Baghdad need from Kurdistan? Read on….

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The Coming: Oil and Gas Law:

I know, I know better than anyone that one day the Oil and Gas Law implementation is on and the next day they tell us its off. But remember one thing very important and that is the law is not yet in place and passed in parliament to be a law. Today’s news once again confirms this. However, after reading today’s news it is all promising and I firmly believe that Iraq is well on its way to finally getting an Oil and Gas Law in place and passed in parliament. Let me explain to you why I believe this will soon occur. By soon I mean in the coming months.

If you have been in this RV saga way back in 2011, you might remember the IMF Article 4 consultation debriefing told us that one of the major issues was that Baghdad has to pay the Kurdistan salaries on a regular basis, like clockwork. They had to find a way to settle these ongoing disputes that delay payments. Sound familiar to today’s behavior? We were told this is part of the stability issue. They talked a lot back then on the need for stability and security in order to get the Project to Delete the Zeros.

The IMF was very clear about this issue too. So, what do we see today? A delay of two months payments still persisted because of issues between these two governments but are now going to be paid. But this is not on a “regular” schedule that the IMF requires. Again, I also need to emphasize that these issues are caused by not having a sound Oil and Gas law in place to handle such issues. Remember the new Iraqi constitution of 2005 says that a referendum shall (not maybe) be written and become law for regulating the Oil and Gas.
This is the last part of the constitution not yet implemented. Back then they called it the Hydrogen Carbon Law or HCL. Don’t get stuck on terms, it’s all the same. Holding back salaries is leverage by Baghdad and don’t let anyone else tell you differently. But this is still contrary to what the IMF expects from Iraq for stability. So you can clearly see the implications of not having the Oil and Gas Law in place. It causes instability.

😊Please see article titled “BARZANI EXPRESSES THE REGION’S READINESS TO NEGOTIATE THE OIL LAW AND AFFIRMS HIS REJECTION OF USING SALARIES AS A BARGAINING CHIP.” Oh boy…was this great news to my ears. Yes, lets get this done Iraq!

I quote from the article “Kurdistan Regional Government Prime Minister Masrour Barzani announced on Saturday the region’s readiness to enter into negotiations with the federal government regarding the drafting of a new oil and gas law. He stressed the need to resume the region’s oil exports and categorically rejected the use of civil servant salaries as a means of political blackmail.”

My advice is don’t believe the part about “categorically rejected the use of civil servant salaries as a means of political blackmail.” It’s all just political talk. How rediculous is this. It’s very funny how Baghdad just used the salaries to blackmail Kurdistan into negotiations and yet this article comes out and says otherwise just days later….lol.. lol.. lol. Yes, very funny. Do you see how the news media works? Remember also it is not Baghdad that has been holding up the Oil and Gas Law, but instead the good faith of the Kurdistan region. We can see why they didn’t want the law in place in the past, as without it they can play around with the oil sales. Kurdistan could also not get Baghdad to support the contractors coming in to develop the oil fields. Someone has to pay them. The Kurds had been paying them out of the salaries file, which was supposed to be for the people not the foreign contractors. This is just one example of the outstanding issues. The large oil company SOMO is one example of this. But I believe that the Kurds too are finally getting sick and tired of delays in the salary payments. However, Baghdad will continue to use the salaries to blackmail the Kurds into submission, if they need to until this constitutionally required referendum becomes law to govern the Oil and Gas from Iraq. Both sides must get what they want.

This recent use of the salary leverage resulted in negotiations to resolve the salary issue which in turn also resolves many of the Oil and Gas issues. Get it? It’s all about what companies will process the oil, how the revenues from the Oil and Gas will be handled and how the oil companies will be paid for their efforts (separate from the salary file).

So, in conclusion let say that each time Kurdistan and Baghdad has these fights over salaries and oil, there are solutions that come up and are documented. Eventually these solutions will be put in the Oil and Gas Law. The communitive culmination of these solutions will make up the law. How can the Kurds then say they reject the law? But how long will this take? Will it be many more years? I believe they are there now and as a draft Oil and Gas Law was already sitting on the table in the cabinet for years. It has to be revised and so let’s see if it makes it to parliament for review and a vote now after this last skirmish.

Folks, this is all we know about the law. This is the latest update. But please don’t anyone tell me or you that the law is “all done”, which would mean passed in parliament and now law. It is NOT! I get a little sick and tired of all these lies and misinformation.

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Let’s talk 2025 Budget….

I want to clarify something now about the 2025 budget too. Again just too many lies about the article 12 for the budget tables and all these intel gurus waiting for the RV rate from these tables. I am also a bit sick and tired of all this misunderstanding that starts with some idiot intel guru who doesn’t know their ass from their elbow. People then suck it up because it sounds nice and like a plausible event to use as a target for the RV. But it’s simply not reality. I am not telling you this to discourage you, as the news today is so VERY GOOD but in FACTUAL terms, not a bunch of lies.

😊Iraq is now telling us very clearly and plainly, that the 2025 budget basically no longer exists. WOW, WOW WOW! Did you read my lips? It basically NO LONGER EXISTS! Take a look at the article titled “THE 2025 BUDGET BILL MAY NOT REACH PARLIAMENT.” I will say this only one more time to everyone. With the drop in oil prices Iraq got hurt. This drop blew their 2025 budget. Even the best laid plans of mice and men don’t always pan out.

Get it? Yes, the idea of not having to go through the lengthily budget process for each of the three years (2023 – 2025) was a great idea but even great ideas change as the world changes. Even the best of plans sometimes don’t work out. So, let’s connect the dots here. How did this affect the salaries thus affect our potential for an RV? Then how could this affect the parallel market crisis? It’s all related.

So what just happened? The Baghdad government decided recently to use part of the remaining money in the 2025 budget to fund the May, June and even July salaries. This money will come from the oil revenues derived for these months. The projects scheduled in the 2025 budget tables will be delayed until further notice since there are not enough oil revenues to pay for them for these months. Get it? So why in hell would they publish these tables if they are not now going to fund these projects. Get it? This is what happens when revenue streams drop. This is fact, even though they claim they didn’t use the budget and there is plenty of money from the monthly oil revenues to take care of the salaries. I don’t doubt there is but let’s not play on words here. This monthly oil revenues “IS” what drives the budgets and is where any monies to pay for the budgets comes from, get it?

Many people believe that the budgets for Iraq come from a pile of tangible money set aside to fund the projects allocated in the budget. This is NOT the case. The budget money comes from future oil revenues. If the revenue stream dries up, then the funding is hurt. They do not take if from the DFI fund, as they may have in the past when oil revenue stream were light. Today is different. This is why they keep bringing more and more oil wells online.

Some intel guru idiots out there (namely Wang Dang) tell their listeners that past budget money not spent is somehow magically stored up and in some account somewhere. Then one day, they will release all this money. Then we get the RV.

I have to ask you to use your common sense and evaluate what these intel guru idiots tell you. If they had all this money stored up, then why didn’t they use it to pay for the projects in the past, that they allocated for in the budgets? So, this intel guru notion is stupid, and it comes down again that many of these idiots haven’t a clue to what they are talking about.

This why the sudden drop in oil prices we read about in the news, DID AFFECT the Iraq 2025 budget and will affect the budget going forward unless they can derive other sources of more sustainable revenues. This is why the big push to diversify the economy, the Development Road Project, Customs and Tariff revenues, Golden city, etc., etc., and get off the rentier economy. Get off the peg to the dollar. Oh.. these articles can be so confusing if you don’t stay on top of your game in reading them all and keeping current. This is what I do for YOU not me. This is what this blog is all about.

I quote form the article “MP Bassem Al-Gharabi confirmed that the government is still funding projects for 2023, and there is an agreement with the Kurdistan Region to sell approximately 250,000 barrels of oil through SOMO, with the revenues allocated to the salaries of the region’s employees.” Do you need anymore proof that Baghdad used the salaries to leverage terms from Kurdistan?

Okay so here is yet more proof of what say is TRUE and I quote “Al-Gharabi explained in a press statement seen by Al-Masry Al-Youm, Tuesday, July 22, 2025, that “the draft budget law for 2025 may not reach Parliament at the present time,” noting that there are financial problems facing ministries, especially in the area of investment financing.”

I just wanted to bring this info to everyone because if you are waiting for some magical RV to happen based on the new RV rate being in the 2025 budget. All I can say is don’t hold your breath.

-First like I said even if the 2025 budget could still be effective, it would NEVER contain an RV rate.

-Second the 2025 budget is no longer. They tell us today that they are going to use the 1/12 rule law to pay for the government outside of any budget. Please read article titled “PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.” “Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed that the government has no intention of releasing the budget schedules due to the financial deficit.“

😊Take a peak at the article titled “GOVERNMENT ADVISOR: IRAQ IS WITNESSING VITAL STABILITY AND IS MOVING TOWARDS DIVERSIFYING ITS REVENUES AWAY FROM OIL.”

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Tuesday that Iraq is working to build a sustainable revenue base independent of oil market fluctuations. He noted that the government has launched a reform package to boost non-oil revenues, indicating that Iraq is experiencing vital stability that offers broad opportunities for progress.

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Let’s talk GOLD:

This one really gets my goat. Why? Let me explain.

Here Iraq has the one of the largest GOLD reserves in the Arab world, yet they have one of the lowest rates for their currency. In FACT their currency is NOT even yet globally traded. Still 1/6 of a penny, if even that? But in spite of all this what do they propose to do? But there is a very good reason why they are doing this Global Gold City hub and so let’s explore it together today.

😊First take peak at the article titled “TRANSFORMING IRAQ INTO A REGIONAL HUB: ESTABLISHING A “GLOBAL GOLD CITY” IN BAGHDAD” “The Iraqi Ministry of Trade has announced the establishment of a dedicated city for the gold and jewelry industry in the Iraqi capital, Baghdad. The aim is to localize the precious metal industry and boost local production within the country, “which will contribute to transforming Baghdad into a regional center for the gold industry and trade.”

😊Okay do now we learn in this article that Iraq is going to use gold as a hedge against fluctuating markets and global issues that could affect the stability of the Iraqi economy, referring to the last round of drop of oil prices. See article titled “IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.” I will give the Sudani GOI and the Alaq CBI great credit for learning from a crisis and making adjustments so as to prevent it again. Really now what happened in the last round of oil prices dropping could have been a disaster but Iraq handling it so good. Instead of going out to borrow more money for the 2025 budget, they simply are going to postpone the projects until they can afford to do them. And they will afford them and do them in the future. This to me speaks volumes in financial responsibility and stability.

I quote from the article “Economic expert Nasser Al-Kanani revealed on Monday (July 28, 2025) that Iraq’s position as the Arab country with the largest gold purchases represents a strategic shift in the Central Bank’s approach to enhancing the country’s financial stability. Al-Kanani told Baghdad Today, “Iraq’s purchase of more than 20 tons of gold in a single year, and its rise to seventh place globally in this field, reflects a calculated move by the Central Bank to protect the national economy from fluctuations in foreign currency prices, especially the dollar.”

In conclusion on this topic let me say that I have talked about Iraq preparing to go on the gold standard for their dinar. Now we see yet more evidence of this. Folks, they are going to use GOLD as leverage to get off the dollar peg. Can you see it too? At some point in the very near future we will be reading that Iraq will no longer be on the petro-dollar too that will ditch the dollar as the last straw in the process. However, before this happens let me tie this into the US politics. This is a perfect example of why I keep telling everyone that there is a strong connection between the US and getting this RV.

So, we can clearly see that President Trump is working hard to raise tariffs to use as a revenue stream to pay for the government. He plans to take the tax burden off the average American citizen and put it where it was initially intended when the country was first formed. This is the first step. Then they plan to totally restructure the financial system of the US and get off the fiat currency, which they need the petro-dollar in Iraq today to support the fiat currency. The fiat currency of today is not backed by anything other than the “good faith” of the US and this is pure speculation. He plans to do this by getting back on the GOLD standard. So right off the bat, we can see the tie into the Global Gold City of Iraq as the demand for gold will rise and its value will rise. Next, we can see the lack of necessity for the petro-dollar and thus the sole peg of the dinar to the dollar can be changeed then to the projected basket of currencies. This speaks reinstatement. Get it?

Yes, this is when we can expect to see the change in the dinar and I believe only then. This is not my opinion but just common sense in following the FACTS of the articles and tie it all into the current US politics and going back as to why they invaded Iraq and put them on the petro-dollar in the first place. We can clearly see that the petro -dollars and sanctions was NOT really about defending against terrorists but rather to shore up the fiat dollar. It was all just a game, a political stunt that also allowed other things to happen like funneling large sums of oil revenues to Iran that actually did fund terrorism. So, this is obvious now that this was not the real reason for the petro-dollar in the first place, as they told us, because they allowed this to continue for twenty years and knew it was happening all along. But let’s not talk about the corruption part today. Let’s stick to the subject of today.

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LET’S TALK IRAQI SOVEREIGNTY:

☹This sovereignty issue is going to blow up in Washington’s face but only if they are not careful. They must play this just right. It is like walking a tightrope. One wrong move and you’re done. Remember that in December 2022 Iraq has been released of all UN sanctions put upon it from the 1991 and 2003 gulf wars. Take a peak at the article titled “BAGHDAD AND WASHINGTON AT A CROSSROADS OVER SOVEREIGNTY: THE POPULAR MOBILIZATION FORCES (PMF) FILE EXPOSES THE NERVES OF THE TENSE RELATIONSHIP.”

So, there are other items that go along with this UN 2022 sanction relief from the war including:

– managing your own revenues, which Iraq can not yet do.

-Also getting off the petro-dollar which was put in place as part of the sole peg of the dinar.

-And getting back their currency to the nominal rate and globally traded once again. It has been over 2 years already and so why have these items not yet been recovered for Iraq? It the US using these items to blackmailing Iraq into doing what they want?

But one issue that Washington has with Baghdad I can totally agree with and should be resolved. If evolved not from the 1991 or 2003 wars but from the ISIS war. I certainly hope that it can. This issue stems from the Popular Mobilization Forces (PMF) remaining still in Iraq and worst the solution to them is proposed by the Iraqi government to fund them and absorb them into their own security forces. You got to be kidding me….Trump wants them out and it could not be any clearer. We are not going to get the US approval for an RV until this happens. Sorry! But there is more to this issue than many of you realize. I have been in the US Army Intelligence Corps for many years while on active duty. I know what I am talking about when I talk about this situation in Iraq. Do not take it lightly.

I quote from the article “Amid the turmoil of regional politics and the intersection of international interests, a new diplomatic dispute has erupted between Baghdad and Washington over the fate of the Popular Mobilization Forces (PMF), the armed group born from a religious fatwa to confront ISIS. Over time, it has become a security and political player in the Iraqi equation that is difficult to ignore.”

“The differences became public following a phone call between Iraqi Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio, who clearly expressed Washington’s concern about the efforts to enact the Popular Mobilization Forces (PMF) law, warning that such a move would consolidate Iranian influence and reinforce the role of armed groups at the expense of the state. ” But what is so bad in this new proposed law?

As investors we must take this issue of the PMF seriously. As it was not bad enough that trillions of dollars from the currency auctions was stolen from Iraq that now Iraq wants to pay the PMF, give them retirement benefits, etc. You got to be kidding me.

Iranian influence in Iraq has many aspects to it and mainly it is a liability for Iraq as well as the armed US forces stationed in Iraq. Many in the government still consider these Iranian Shiites their brothers and many families even still have ties to relatives living in Iran. But heres the problem – Iraq will NEVER have a true sense of peace and balance unless they get rid of this harmful Iranian influence using the PMF as their private security force within Iraq. The threat to stability and security is important as the PMF could be used by the Iranian politicians as reprisals for government policies not in the favor of Iranian policy. There will always be a threat of terrorism in Iraq as long as the PMF exist in Iraq. This will hurt attracting US investors into Iraq too and this is very important to Trump in getting US companies to invest in Iraq.

We must continue our prayers if you truly want the RV. There are dark elements out their that do not want Iraq to change and are fighting this change to it’s sovereignty and freedom and wealth as a new nation. But it will be overcome, and I believe it will be God’s Hand that will do it.

We also must not forget the politics. We cannot separate politics from this investment. I have showed you yet another example today as to why I say this. Are you listening?

In fact, its all about politics and so you would be doing an injustice to exclude it. To exclude politics, you would miss so much that is affecting a timeframe of when we can expect to see the dinar rise like it should. It is being artificially suppressed today and we all know it. I have showed you why they continue to suppress it and when we can expect this to end. But I will add that NOTHING will stop the Iraqi dinar from rising up again. It is coming and these obstacles will be overcome. It not “if” it will occur but “when”.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? June is here. Was He lying to us? Remember that these globalists satanic cult have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end to maintain control over you. If all else fails, they will get more and more desperate to overcome the good trying to rebuild and free our nation.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a bright future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

From God to the PROPHET: Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

“A POLITICAL RESET WILL RESHAPE THIS NATION”

The prophecy today can be found at the 11:17 minute mark on the video. From July 19th.

“UNPRECEDENTED CHANGE IS COMING TO THE TAX SYSTEM IN THE UNITED STATES”

The prophecy today can be found at about the 9:37 minute mark on the video. First out of 3 from July 26th.

Are you concerned about paying taxes? What about the rising taxes each year. Think about it, our paychecks are taxed over and over again. Sales tax, gas tax, property tax, car DMV tax, income tax, etc., etc.

Here’s one for you to think about: If you look at your mortgage, in the 30 years you will have paid for your house 3 times over. Really? Yes, let me explain. Add up all your property taxes for each year and it climbs each year, then add up all the interests on your loan. Then add to it the principle amount. It will equal about 3 times the amount of the original loan amount. Numbers don’t lie. This is killing the middle class.

We are being taxed to death, literally for many. Are there other ways to collect revenue to run the government? How did our founding fathers want this new United States to be funded? Did they want to go along with the same old tax system from Europe, where the individual gets to keep lesser and lesser of their income? Or was the tax system intended for commerce and to tax excessive profits and have fair tariffs? How did the U.S. go wrong and how can we change it back?

God is working to restore the U.S. tax system to fair and creative ways to raise funds to run our government programs. We must continue to pray and decree that what God wants we want. This is in part, where this period of huge prosperity and abundance is going to come from. Are you counting of paying capital gains on your dinar proceeds?

PROPHECIES IN PROGRESS

TULSI GABBARD: OBAMA COULD BE PROSECUTED FOR TREASON.

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THE ‘BIGGEST SCANDAL’ IN AMERICAN POLITICS

Next the news moves on to, yet another scandal being exposed. This one is going to ultimately expose that the real Biden was not even sworn in as president. Who was really running the Whitehouse for the last administration? I believe this will also be connected to Barrack Obama. He is going to get deep in mud over his head.

AMERICANS DEMAND ARRESTS AFTER ANOTHER BIDEN AIDE PLEADS THE FIFTH

WHAT BYRON DONALDS IS PLANNING COULD ERASE THE ENTIRE BIDEN PRESIDENCY

Folks these headliner words are right out of the prophetic words from God we have been hearing for the last 4 years. WOW!

TRUMP’S HISTORIC $1.35T EU TRADE DEAL SHOCKS WORLD!

IS THE US GOING BACK ON THE GOLD STANDARD ANY TIME SOON?

I think that many of my readers already know that this is inevitable, if the US is ever to resolve is looming national debt, but when? We are seeing the policies put in place now by the Trump administration to make this possible. But what does God tell us through his prophets about this event?

Remember that Kim Clement in his prophecies from a decade or more ago also talked about this topic. He said simple words about it and I quote “Gold” “California”. Although we don’t know exactly what he meant by these words it was in line at the same time when he talked about resolving the US national debt. So somehow resolving this issue of debt, I believe, is connected to finding a very large gold vain in California. Just saying….

“UNPRECEDENTED MOVES ARE BEING MADE TO BRING BACK THE GOLD STANDARD IN THIS NATION”

The prophecy today can be found at the 22:42 minute mark on the video. From July 20th.

IS THE PELOSI INSIDER TRADING: MYTH OR REALITY.

What will be the consequences of a congressional majority leader using the position of speaker of the house to influence legislation for personal gain? We are talking about hundreds of millions of dollars. Oh… I think they call this “insider trading” which by the way is illegal anyway you look at it.

WHY DID THE FBI RAID MAR-A-LAGO?

WOW! This is getting amazing since we had a prophet tell us years ago about this report and how it was secretly obtained from the deep state filing cabinets and put in the possession of the Trump team. Do you remember that prophecy back then? Is this the report they are talking about in the news today the same one? I think so.

You have to unpeel the onion…. This news today is not coincidental. It is the telling of the prophetic word coming to the surface in reality. Oh… kind of spooky in a way….

ANOTHER DIRTY SECRET ABOUT HILLARY CLINTON WHICH COULD HAVE KEPT HER FROM THE RACE IN 2016

Yes, another bombshell. How many more is God going to bring us? It’s coming hot and heavy now. More every day.

WOW! You simply have to watch this one….

US ANNOUNCES WITHDRAWAL FROM UNESCO

Another UN agency bites the dust….. The prophecies told us the UN will fall apart and eventually dissolve except for some humanitarian efforts. The UN cannot continue without the funding by the US for all these woke agencies that are more meant to control humanity than to help it. The UN is the foundation for the One World Govt concept.

SCHIFF ALWAYS TRIES TO SHIFT THE BLAME TO SOMEONE ELSE.

Is this why they call him “shifty Schiff”? So, he makes up stories, then lies constantly to keep his narrative going, even when confronted, with very strong evidence contrary to disprove the lies. Is there a clinical psychological mental disorder for his behavior? Should a man like this really be in the US Senate? Should a pathological liar be in politics?

WILL SCHIFF BE FINALLY PROSECUTED?

We should all try to follow this ongoing saga about what Obama is being accused of by Tulsi Gabbard. These are serious allegations. I tried to list the news as it came out. There are three parts to this saga so far and I hope you can follow it.

DOJ RECEIVES CRIMINAL REFERRAL ON OBAMA

Yes, but let’s see if anyone is actually prosecuted or if this just another round of circus again. As Americans aren’t you fed up yet with all this talk over and over again but no one high-up ever seems to be prosecuted and goes to jail?

WILL STATUTE OF LIMITATIONS UNLIKELY IMPACT KEY RUSSIAGATE PROSECUTIONS AND INDICTMENTS?

PEOPLE NEED TO GO TO JAIL OVER THIS… THIS WAS ABSOLUTELY DEEP STATE CORRUPTION.

IRAQ CRACKS DOWN ON DOLLAR MARKET DISPARITY

Iraq is moving to eliminate the gap between the official and parallel market exchange rates of the US dollar, Economic Advisor to the Prime Minister, Mudher Muhammad Saleh, revealed on Tuesday.

The official rate set by the Central Bank of Iraq (CBI) is 132,000 dinars per $100, while the parallel market rate has hovered near 139,000 dinars in recent days—a difference the government seeks to erase.

Speaking with Shafaq News, Saleh outlined five key measures driving the ongoing convergence:

-Ban on internal dollar use: The prohibition of domestic dollar transactions, especially in real estate, has curbed the dollarization of the local economy.

-Shift to global correspondent banks: Foreign currency transfers now go through international banks, replacing the Central Bank’s former exchange window and reducing reliance on unofficial, high-cost funding.

-Inclusion of small importers in official channels: Around 60% of Iraq’s foreign trade is now financed through the formal banking system at the official rate, lowering demand in the black market.

-Expanded use of electronic payment cards: Travelers increasingly rely on foreign-currency payment cards, easing demand for cash dollars. Simplified airport procedures further support this shift.

-Price stabilization via government cooperatives: Key imports—such as consumer goods and construction materials—are distributed at the official rate through state-backed outlets, aligning monetary, fiscal, and trade policies.

Saleh concluded that with the exchange rate gap now below 4%, Iraq is entering a phase of “price convergence,” where the remaining difference reflects only transaction costs.

(Almost time for the Project To Delete the Zeros?….Just saying… 😊)

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THE DOLLAR APPROACHES THE OFFICIAL RATE: A REAL REFORM OR A TEMPORARY TRICK?

In a move that suggests a “shift” in the government’s policy toward the dollar crisis, Mazhar Mohammed Saleh, the financial advisor to Prime Minister Mohammed Shia al-Sudani, revealed five factors that he said would lead to narrowing the gap between the official and parallel rates, paving the way for what he described as a “matching” phase between the two rates.

But the most important question is: Is what is happening real reform? Or is it merely “economic makeup” that masks a fragile reality?

The official exchange rate, set by the Central Bank at 132,000 dinars per $100, is now approaching the parallel market rate of 139,000 dinars. This decline is viewed by some as a positive sign, while others view it as a “politicized” and temporary move to calm the street ahead of upcoming political and economic events.

Five factors or five pressure cards?

The government’s primary consideration is preventing dollarization, particularly in the real estate sector. While this may sound like a good move in theory, it raises questions about its implementation in a market teeming with informal transactions.

The second factor relates to transfers via global correspondent banks after the central bank window closed. However, observers question: Are these transfers truly available to everyone, or are they restricted to specific names and companies?

The third factor is the entry of small traders into the official transfer window, a step whose effectiveness on the ground is questioned by many due to the red tape and bureaucracy.

The fourth factor revolves around the expanding use of electronic cards, a move that is hampered by technical infrastructure and a deeply ingrained cash culture.

The fifth factor relates to what the government calls “price defense” through cooperatives, a policy that could return Iraq to the era of “ration cards,” amid doubts about its sustainability.

Is the difference really less than 4%?

Advisor Saleh’s statements that the difference between the two rates has become “merely a transaction cost” open the door to a broad economic debate: Can we speak of “convergence” while the parallel market persists? Have the dollar mafias truly been eliminated? Or have their positions merely shifted?

In conclusion: Appeasement or Radical Treatment?

Achieving a unified exchange rate is a legitimate popular and economic demand. However, without a comprehensive reform of the financial system, increased transparency in transfers, and ensuring fairness in cash distribution, any decline in the parallel market may prove to be nothing more than a “warrior’s rest” before another explosion.

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TRANSFORMING IRAQ INTO A REGIONAL HUB: ESTABLISHING A “GLOBAL GOLD CITY” IN BAGHDAD

The Iraqi Ministry of Trade has announced the establishment of a dedicated city for the gold and jewelry industry in the Iraqi capital, Baghdad. The aim is to localize the precious metal industry and boost local production within the country, “which will contribute to transforming Baghdad into a regional center for the gold industry and trade.”

The ministry announced in a statement on Wednesday, July 23, 2025, that the Ministerial Council for the Economy had approved the proposal submitted by the Ministry of Trade to establish a “Global Gold City” in Baghdad. The ministry described the move as “strategic, aiming to localize the gold and jewelry industry within Iraq and boost local production.”

Minister of Commerce, Athir Dawood Al-Ghurairi, emphasized in this regard that “the project represents a qualitative leap in the development of national industries,” noting that “the city will include an integrated system that includes specialized industrial units, advanced training centers for goldsmithing according to international standards, as well as advanced markets and an exchange for gold and jewelry.”

For his part, Director General of the Department of Foreign Economic Relations, Riyadh Fakher Al-Hashemi, explained that “the project aims to support the private sector and expand its contribution to the national economy,” noting that “the city will be established within the integrated economic city in Baghdad, contributing to transforming the capital into a regional center for the gold industry and trade.”

According to Al-Hashemi, the ministry has begun coordinating with the National Investment Commission to complete the requirements for land allocation and issue investment licenses in preparation for the project’s implementation.

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IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.

Economic expert Nasser Al-Kanani revealed on Monday (July 28, 2025) that Iraq’s position as the Arab country with the largest gold purchases represents a strategic shift in the Central Bank’s approach to enhancing the country’s financial stability.

Al-Kanani told Baghdad Today, “Iraq’s purchase of more than 20 tons of gold in a single year, and its rise to seventh place globally in this field, reflects a calculated move by the Central Bank to protect the national economy from fluctuations in foreign currency prices, especially the dollar.”

He pointed out that “gold is considered one of the safest reserve instruments, as it is not affected by fluctuations in the monetary market, unlike paper currencies. This gives Iraq a strategic advantage in confronting sudden crises and enhances confidence in its financial policies, both domestically and internationally.”

Al-Kanani explained that “this trend will positively impact the value of the Iraqi dinar in the medium term. It will also contribute to the stability of the local market and reduce reliance on the dollar, giving the Central Bank greater flexibility in managing monetary policy and achieving economic stability in light of current regional and global challenges.”

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THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.

16th July 2025

By John Lee.

As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows:

“Exchange Rate Arrangement

“Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement. The Central Bank Law gives the Board of the Central Bank of Iraq (CBI) the authority to formulate exchange rate policy.

“Effective February 8, 2023, the official exchange rate was set at ID 1,320 according to the closing prices of the daily bulletin of gold & main currencies published on the CBI website (www.cbi.iq).

“There has been a change to Iraq’s exchange system since the last Article IV Consultation. Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any restrictions under this provision. Iraq does not maintain any current account exchange restrictions or MCPs [Managed Currency Pegs]. Starting January 2025, all international transactions have been routed through commercial banks via their correspondent banking relationships (CBRs).

“The Central Bank of Iraq (CBI) replenishes these balances weekly based on foreign exchange demand and conducts audits to ensure that the allocated funds are used in compliance with AML/CFT regulations. Private banks are also encouraged to broaden their CBR networks, particularly with non-U.S. financial institutions.”

As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows: ” Exchange Rate Arrangement “Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement.

(This is a very long article by the IMF and so here is a link to the rest, if you desire to read it all. It is very good news from the IMF and in fact shows us that the IQD may sooner than later be international.)

Iraq Banking & Finance News, Politics

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ERBIL HANDS OVER OIL TO BAGHDAD, RECEIVES BUDGET SHARE

The Iraqi finance ministry announced on Tuesday that it had disbursed May salaries for the Kurdistan Region’s civil servants, nearly three months after the payments were suspended. The ministry stated that the decision followed the Kurdish government’s move to hand over its oil production to federal authorities.

The federal ministry said in a statement that it had resumed the payment of the Kurdistan Regional Government’s (KRG) public employees after Erbil’s commitment to the latest financial and oil agreement with Baghdad.

The ministry stated that the KRG has begun transferring its current oil production to Iraq’s State Oil Marketing Organization (SOMO) and will continue to do so until it reaches the 230,000 barrels per day (bpd) stipulated in the agreement. It also confirmed receiving 120 billion dinars from the KRG’s non-oil revenues, as earlier announced by the Kurdish government.

On Thursday, the KRG and the federal government finalized an agreement aimed at resolving their disputes over finances and Kurdish oil exports. However, officials from both sides have continued to accuse each other of creating obstacles to its implementation.

Under the agreement, the KRG must export its entire oil output through SOMO, keeping 50,000 barrels daily for local use. In return, Baghdad is expected to make budget transfers and provide refined fuel if needed. The KRG is also obligated to hand over 120 billion Iraqi dinars (nearly $92 million) in non-oil revenues monthly for May.

Fuad Hussein, Iraq’s Deputy Prime Minister and Foreign Minister, told Rudaw on Tuesday that Baghdad will continue paying the KRG civil servants for the months of June and July as well.

He added that Kurdish leaders and politicians have been in contact with him and worked tirelessly to make sure that the Region’s public employees are paid.

Kurdistan Region Prime Minister Masour Barzani said on Thursday that it is not possible for the KRG to hand over the required amount of oil to Baghdad due to damage caused to the oil field by recent drone attacks. Since the deal was announced, drone attacks on the Kurdistan Region appear to have ceased. Nearly 20 drone attacks were recorded in July, most targeting oil fields operated by international companies.

KRG has blamed Iraq’s Popular Mobilization Forces (PMF, or Hashd al-Shaabi) for the drone attacks, a charge Baghdad has denied.

Oil exports from the Kurdistan Region through the pipeline have been halted since March 2023 when a Paris-based arbitration court ruled in favor of Baghdad against Ankara, saying the latter had violated the 1973 pipeline agreement by allowing Erbil to begin exporting oil independently in 2014.

The KRG’s handover of its oil to SOMO is expected to effectively resume its exports to international markets.

However, the KRG, the Iraqi government, and international oil companies operating in t

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AFTER THE MAY SALARIES WERE RELEASED, THE JUNE SALARIES FOR KURDISTAN REGION EMPLOYEES ARE EXPECTED TO BE PAID.

An informed source revealed, today, Tuesday (July 22, 2025), the date for the Federal Ministry of Finance to send the salaries of Kurdistan Region employees for the month of June, after funding the salaries of last May.

The source told Baghdad Today, “The federal Ministry of Finance is waiting for the Kurdistan Regional Government to send 120 billion dinars, in addition to SOMO beginning to receive the agreed-upon oil quantities, which amount to 31,000 barrels per day, according to the report of the joint technical committee.”

He added that “SOMO will work in coordination with oil companies to determine a date for resuming work in the oil fields and returning exports to their previous levels,” noting that “the federal Ministry of Finance will begin disbursing June salaries in the middle of next week, after completing the audit of the payroll lists.”

Recent months have witnessed an escalating crisis between Baghdad and Erbil over the region’s failure to deliver oil and non-oil revenues as stipulated in the federal budget law. This prompted the Ministry of Finance to halt salary payments since last May.

After continuous mediation and meetings, the Federal Council of Ministers voted on (July 17, 2025) on Resolution No. (550), which stipulates the release of salaries of the region’s employees in exchange for the Erbil government’s commitment to hand over 120 billion dinars of its local revenues, in addition to handing over its oil exports through the “SOMO” company.

Based on this agreement, the regional government deposited the required amount in the central bank, and the federal Ministry of Finance announced today, Tuesday, the commencement of disbursement of May salaries, a first step toward settling the issue.

The June salary disbursement process is scheduled to be completed by the middle of next week, following the region’s commitment to transferring oil and non-oil revenues in accordance with the recent agreement.

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GOVERNMENT ADVISOR: IRAQ IS WITNESSING VITAL STABILITY AND IS MOVING TOWARDS DIVERSIFYING ITS REVENUES AWAY FROM OIL.

Saleh told the Iraqi News Agency (INA): “Internal stability is today a fundamental pillar in the Iraqi government’s efforts to enhance the investment environment and sustainable development. Reliable international reports, most notably Iraq’s stable credit rating, clearly indicate a marked improvement in the investment climate and confirm Iraq’s ability to withstand regional challenges, which sends positive signals to global markets and donors.”

He added, “The ongoing development transformations have contributed to reviving dozens of major, stalled projects, and the adoption of a government program based on providing services has created an attractive investment climate for the first time in years.”

He continued, “This progress comes after the country overcame a difficult period of crises, including security challenges, waves of violence and terrorism, as well as the repercussions of health crises and sharp declines in oil prices over the past decade.”

He explained that “the current phase represents a pivotal shift in Iraq’s political and economic history, as it is witnessing a vital stability that provides broad opportunities for progress, despite the surrounding geopolitical risks.” He added, “What distinguishes this stability is its superiority over its turbulent regional environment, reflecting the strength of national cohesion and the restoration of the effectiveness of the social contract, both economic and political.”

He pointed out that “these combined indicators give Iraq a real opportunity to build a more stable and prosperous future, free from the burdens of the past, and qualified to become a pivotal player in the regional and international economy.”

He explained that “the fundamental reforms in the government’s program aim to diversify sources of national income and enhance the state’s efficiency in collecting its financial dues without imposing unjustified additional burdens on citizens. This is a prerequisite for achieving long-term economic stability.”

As part of its drive to diversify sources of income and achieve financial sustainability, the Prime Minister’s advisor emphasized that “the government has sought to implement a package of fundamental reforms aimed at increasing non-oil revenues and reducing reliance on volatile oil revenues. These reforms include: reforming the tax system by expanding the tax base, automating collection, combating tax evasion, and simplifying procedures.”

He continued: “The government also sought to enhance fees and service revenues by reviewing the pricing of government services, increasing collection efficiency and activating electronic payment and collection, so that cash flows into the unified government account became more transparent, efficient, and governed. It also modernized the customs system, unified tariffs, automated border crossings, and combated smuggling and border violations through a digital framework in cooperation with international technical bodies, especially the United Nations.”

He pointed out, “The importance of the state’s approach to reforming public companies, through restructuring, strengthening partnerships with the private sector, and achieving profitability, in addition to the trend towards productive investment in public property, through inventorying and activating the state’s assets and its unused assets, and settling illegal occupations, as well as improving revenues from the telecommunications sector by amending company contracts, imposing taxes on data, expanding the digital infrastructure, and activating local financing tools, particularly in issuing local government development bonds, and establishing various development financing funds.”

Saleh emphasized that “the government is working to build a sustainable revenue base independent of oil market fluctuations, supporting economic growth plans and enhancing the country’s financial stability, which is the primary goal of prosperity and the essence of economic reform.”

He concluded by saying: “The achievements made over the past two years represent an important path for Iraq’s transition to an advanced stage of stability and sustainable development. It is a challenging model that combines the two conditions (stability and development) on the basis of rapid progress simultaneously, despite the enormous international and regional geopolitical challenges, and compared to the two difficult decades that our country has gone through.”

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THE 2025 BUDGET BILL MAY NOT REACH PARLIAMENT.

MP Bassem Al-Gharabi confirmed that “the government is still funding projects for 2023, and there is an agreement with the Kurdistan Region to sell approximately 250,000 barrels of oil through SOMO, with the revenues allocated to the salaries of the region’s employees.”

Al-Gharabi explained in a press statement seen by Al-Masry Al-Youm, Tuesday, July 22, 2025, that “the draft budget law for 2025 may not reach Parliament at the present time,” noting that there are financial problems facing ministries, especially in the area of investment financing.”

He noted that “the current financial situation does not allow for the submission of budget schedules for 2025, and Finance Minister Taif Sami confirmed that there are problems with funding ministries, and that the projects added in 2024-2025 have not yet been covered.”

He pointed out that “the process of selling oil and transferring the revenues to salaries could take two months, according to what the Minister of Finance stated.”

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PARLIAMENTARY FINANCE COMMITTEE RULES OUT APPROVING 2025 BUDGET

Member of the Parliamentary Finance Committee, Hussein Mounes, ruled out on Tuesday the possibility of the draft state budget and its detailed schedules reaching Parliament at the present time, pointing to the existence of major obstacles to its approval.

Mounes explained in a statement to the Al-Maalouma Agency that “there are several reasons behind this delay, most notably the large deficit resulting from the differences between revenues and expenditures,” pointing to “the lack of a clear vision regarding the financing of investment projects included in the budget.”

He addressed the issue of the region, stressing that it constitutes an additional obstacle and said: “We do not yet know the size of the expected revenues, nor the value of the expenses resulting from them,” expressing his “expectation that the budget schedules will not reach Parliament under the current circumstances.”

It is noteworthy that Parliament had previously hosted the Minister of Finance to discuss the budget schedules and the reasons for the delay in sending them

(Let’s get real. How about the TRUTH. The issue of not coming forward with the 2025 has absolutely nothing with holding up the RV until they are ready. In fact it has absolutely nothing to do with the RV. Get it? All you intel gurus reading this today I wish you would stop this stupidity associating this with the RV. Who told you this? Yes, just more speculation.

In reality ( I know you gurus hate that word) it is that because of the drop in oil the government does not have the money to pay for the 2025 budget. It is that simple. The GOI told us they no longer want to go out an borrow money and put themselves in yet more debt. This is a VERY WISE way to run a country. They are being SMART and using common sense. Oh… looks like all you idiot intel gurus are not going to see your RV rate in article 12….lol…lol….)

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PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.

Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed that the government has no intention of releasing the budget schedules due to the financial deficit.

He explained that “the lack of serious intention to submit budget tables is due to the government’s current lack of need for them due to its severe liquidity crisis,” noting that “this deficit poses a major obstacle to the implementation of investment projects.”

(READ MY LIPS: Iraq is NEVER going to publish the budget schedules under Article 12 of budget for 2025. The drop in oil prices changed their financial plans. The fact that they decided to now pay May salaries to be followed by June and July salaries is an indication that they changed their plan. They are going to use the money that was for certain projects in 2025 to pay the salaries. They DO NOT want to borrow funds to do this. What more proof do you want. Really now folks! These RV intel gurus will go on and on until December comes and then what lie will they tell you, more fake news? The new RV rate is NOT IN THE BIDGET – THEY ARE NOT HOLDING UP SHOWING THE ARTICLE 12 SCHEDULES BECAUSE OF AN RV/ Get it? )

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INTERNATIONAL CERTIFICATION IN THE REFORM NOTEBOOK: THE INTERNATIONAL MONETARY FUND COMMENDS IRAQ’S EFFORTS TO CURB INFLATION.

In a move that may reflect a tangible shift in Iraq’s economic policy, the country received official praise from the International Monetary Fund for its efforts to curb inflation. Economists consider this a positive indicator of the effectiveness of the policies adopted by the government and the Central Bank over the past period.

Economic expert Nasser Al-Tamimi told Baghdad Today on Tuesday (July 22, 2025) that “the IMF’s praise represents a reassuring message to the international community and investors, and reflects the seriousness of the economic policies that Baghdad has recently adopted.” He added that “Iraq has faced major inflationary challenges in recent years as a result of internal and external factors, including fluctuations in oil prices and disruptions in supply chains, in addition to political and financial pressures.”

Al-Tamimi pointed out that “the improvement in inflation indicators is the result of balanced monetary policies, including tightening monetary policy tools, enhancing market oversight, and maintaining the stability of the dinar exchange rate, which helped prevent price increases and protect citizens’ purchasing power.”

However, he stressed at the same time that this praise “is not the end of the road, but rather the beginning of a long reform journey,” emphasizing “the need to continue addressing structural gaps in the economy, expanding the revenue base beyond oil, and monitoring global developments that may impact price levels in the country in the future.”

Al-Tamimi concluded his statement by saying, “The IMF report provides a strong impetus to the economic reform process, while simultaneously placing an additional responsibility on decision-makers to continue the corrective approach and achieve comprehensive and sustainable development that serves citizens first and foremost.”

Economists believe that the Iraqi economy has faced significant inflationary challenges in recent years, influenced by a number of factors, most notably fluctuations in global oil prices, which represent the state’s primary source of revenue. In addition, internal political and security crises and disruptions to global supply chains, particularly following the COVID-19 pandemic and the war in Ukraine, have also contributed to this.

In 2021 and 2022, Iraq recorded relatively high inflation rates, which negatively impacted the prices of goods and services and affected the purchasing power of citizens, particularly those with limited income.

In response, the Central Bank of Iraq adopted a more restrictive monetary policy, raising interest rates, strengthening oversight of banking activity, and attempting to stabilize the dinar’s exchange rate against the dollar despite market volatility.

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BAGHDAD AND WASHINGTON AT A CROSSROADS OVER SOVEREIGNTY: THE POPULAR MOBILIZATION FORCES (PMF) FILE EXPOSES THE NERVES OF THE TENSE RELATIONSHIP.

Amid the turmoil of regional politics and the intersection of international interests, a new diplomatic dispute has erupted between Baghdad and Washington over the fate of the Popular Mobilization Forces (PMF), the armed group born from a religious fatwa to confront ISIS. Over time, it has become a security and political player in the Iraqi equation that is difficult to ignore.

The differences became public following a phone call between Iraqi Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio, who clearly expressed Washington’s concern about the efforts to enact the Popular Mobilization Forces (PMF) law, warning that such a move would consolidate Iranian influence and reinforce the role of armed groups at the expense of the state.

Rubio’s statements, published on the X platform, can be read within the context of American concerns about the rise of Iranian influence in Iraq, particularly after the Popular Mobilization Forces (PMF) succeeded in establishing a presence within state institutions.

Despite this, Baghdad has been keen to present a different narrative that maintains a balance between internal and external influence, emphasizing that the draft law falls within the framework of “reforming the security establishment” and aims to regulate the status of the Popular Mobilization Forces (PMF) under the official state umbrella, with powers granted by the Commander-in-Chief of the Armed Forces—that is, the Prime Minister himself.

This disagreement demonstrates the complexity of the relationship between the two sides, as the American reading of the Iraqi situation differs from Baghdad’s vision, which attempts to reconcile internal pressures from influential Shiite forces, delicate regional balances, and the requirements of the strategic relationship with Washington.

These developments intersect with calls by the Kurdistan Regional Government to halt attacks on oil infrastructure, a hint that may imply a veiled accusation that factions linked to the Popular Mobilization Forces (PMF) are behind the destabilization of energy security in the north. This deepens the trust gap among Iraqi factions and increases the fragility of national security.

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DESPITE THE BILLIONS PILING UP IN AMERICA, WHY ISN’T IRAQ USING ITS MONEY TO SAVE ITS ECONOMY? – URGENT

Despite Iraq’s massive financial reserves, estimated at tens of billions of dollars, the question remains: Why aren’t these funds being effectively invested domestically? At a time when the country is suffering from mounting economic crises, fragile infrastructure, and declining productive sectors, the government continues to invest a large portion of these reserves in US Treasury bonds, financial instruments known for their low yields and long payback periods.

While these bonds are internationally classified as safe instruments for preserving value, experts believe that Iraq’s approach to investing its foreign assets has become traditionally rigid, inconsistent with development requirements and inconsistent with the priorities of an economy in urgent need of domestic revitalization. What increases the sensitivity of this issue is that a significant portion of Iraq’s funds are actually deposited in American banks, weakening the country’s ability to freely decide how to manage these vital resources.

In this context, financial expert Abbas Al-Shatri offers a comprehensive critical vision, calling for a complete rethinking of Iraq’s reserve investment policy and a shift from a “safe freeze” approach to a “productive investment” approach to ensure economic security and achieve sustainable development.

Al-Shatri told Baghdad Today, “Iraq’s continued investment of a significant portion of its financial reserves in US Treasury bonds is an economically unfeasible decision, given the low returns these bonds generate compared to other investment opportunities that could directly support the national economy.”

He pointed out that “despite the classification of US Treasury bonds as safe and internationally recognized financial instruments, Iraq, with its current economic situation, urgently needs to direct its funds toward more dynamic investments, whether through domestic production projects or regional investment vehicles that generate higher returns, contribute to creating real job opportunities, and enhance infrastructure.”

Al-Shatri explained that “excessive reliance on these bonds does not meet Iraq’s development needs. Rather, it deprives the economy of opportunities to diversify sources of income and stimulate vital sectors such as industry, agriculture, and renewable energy, which are the foundation of any stable and sustainable economic structure.”

Noting that “the current fiscal policy tends toward safe freezing rather than productive stimulation,” Al-Shatri called for “a radical reconsideration of the investment policy of Iraq’s financial reserves, moving away from the traditional approach of freezing in low-yielding instruments, and toward a more ambitious economic vision based on maximizing returns and achieving economic security.”

It is well known that a large portion of Iraq’s reserves are actually held in American banks or under the supervision of the international financial system linked to them. However, experts believe that Iraq does not actually benefit from these funds in a context that serves its internal economic needs. Rather, it is sometimes restricted by political and financial restrictions that make the investment of these funds governed by external considerations rather than an independent sovereign decision.

This reality raises serious questions about the independence of Iraqi investment decisions, at a time when there is a growing need for more flexible financial policies that can help protect the economy from global fluctuations and harness the country’s vast financial resources for sustainable development within the country.

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AL-SUDANI’S OFFICE PUBLISHES NEW DETAILS OF THE PHONE CALL WITH THE US SECRETARY OF STATE.

The Iraqi government released new details on Wednesday regarding the phone call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio.

The office stated in a statement received by Shafaq News Agency that “Al-Sudani received a phone call from Rubio, during which they reviewed bilateral relations and the general situation in the region.”

According to the statement, Al-Sudani affirmed Iraq’s support for efforts to consolidate stability in the region, sustain ceasefire agreements, and halt aggression.

He pointed to “the recent attacks on vital oil facilities in the Kurdistan Region of Iraq and in the provinces of Salah al-Din and Kirkuk,” describing them as “targeting the Iraqi national economy.”

He added that “security services are monitoring the sources of the attacks with the international coalition to fight ISIS,” expressing his “surprise that these attacks coincided with the agreement of principles between the Ministry of Oil and American investment companies operating in the region to invest in a number of oil fields in Kirkuk and Salah al-Din.”

The call also touched on the Popular Mobilization Forces (PMF) law, according to the statement. Al-Sudani explained that “submitting this law to the House of Representatives is part of the government’s security reform process, and is part of the government program approved by the House of Representatives. This process has included the approval of similar laws for other agencies within our armed forces, such as the Intelligence and National Security Services.” He emphasized that “the PMF is an official Iraqi military institution operating under the authority of the Commander-in-Chief of the Armed Forces.”

He continued, saying that the Kurdistan Regional Government’s commitment to transferring oil production and non-oil revenues to the public treasury, through the recent Cabinet decision, within the framework of the provisions of the current budget law, and the relevant Federal Court ruling, has helped resolve financial and legal obstacles between the federal government and the regional government. He indicated that “the government’s national and constitutional commitment to Iraqi citizens is reflected in its actions in all areas.”

He reiterated Iraq’s economic vision, the importance of resuming oil exports through the Iraq-Turkey pipeline, and halting all forms of smuggling and illegal practices targeting oil resources.

Earlier today, State Department spokeswoman Tammy Bruce said that Rubio emphasized to al-Sudani the need to hold accountable those involved in recent attacks targeting energy infrastructure in the Kurdistan Region of Iraq, including those operated by US companies.

Rubio also highlighted, according to the spokeswoman, US concerns about the Popular Mobilization Forces (PMF) bill currently under discussion in the House of Representatives, stressing that “enacting this type of law would entrench Iranian influence and terrorist armed groups that undermine Iraq’s sovereignty.”

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THE BAGHDAD-ERBIL AGREEMENT: A RARE OPPORTUNITY TO REVIVE THE OIL AND GAS LAW OR A TEMPORARY POLITICAL CALM?

After more than two years of tension and a halt to the Kurdistan Region’s oil exports, the Baghdad and Erbil governments reached a new oil financial agreement. The agreement stipulates that the region will hand over a share of the oil to Baghdad in exchange for covering the salaries of the region’s employees.

Although the agreement was welcomed, political and economic circles questioned whether it would pave the way for enacting the oil and gas law, which has been suspended since 2009? And whether economic necessity and political pressures have transformed into an opportunity to resolve deep constitutional and financial disputes.

The dispute between Baghdad and Erbil over the oil file is not a new development. Rather, it is the result of conflicting powers and visions regarding the management of natural resources in Iraq after 2003, particularly given the absence of a federal law regulating the relationship between the central government and the oil-producing regions and governorates.

The draft oil and gas law dates back to 2007, but it has remained in the drawers due to disputes over the supervision of oil fields, the sharing of revenues between the central government and the region, control of resources in disputed areas, and the granting of long-term contracts by the region without consulting Baghdad.

The new oil agreement, announced in July 2025, came after the region’s financial crisis escalated, with employees’ salaries accruing for two and a half months, and oil exports disrupted by the International Court of Justice ruling in Baghdad’s favor against Turkey.

The agreement stipulates the delivery of 230,000 barrels of oil per day to the region and the disbursement of 240 billion Iraqi dinars from the federal government to the region, in addition to coordinating oil and non-oil revenues within a common national vision.

However, despite the optimism of both sides, the agreement does not constitute a final solution to the oil disputes. Rather, it is viewed as a “temporary calm” until a comprehensive law is enacted.

Observers believe this agreement could present a rare political and economic opportunity to reopen the oil and gas law issue under the dome of Parliament.

In this context, the Kurdistan Democratic Party leader highlighted the impact of the recent oil agreement on the oil and gas law.

Mohammed told Al-Eqtisad News that passing the law “requires significant political consensus,” noting that disagreements remain over old fields, disputed areas, and jurisdiction.

He also stressed that the current agreement is “temporary until the next government is formed,” expecting the draft law to be resubmitted as part of a package of political understandings after the elections.

It’s worth noting that on May 19, 2025, Kurdistan Regional Government Prime Minister Masrour Barzani oversaw the signing of two energy agreements worth a total of $110 billion over their lifetime with US companies HKN Energy and Western Zagros during his visit to Washington last week.

For his part, Kazem Al-Tawki, a member of the parliamentary Oil and Gas Committee, revealed that the contracts the region concludes with foreign companies are opaque and costly for Iraq. They burden the national economy due to high production costs and a net return that falls below $15 per barrel in some cases.

Speaking to Al-Eqtisad News, Al-Tawki confirmed that these contracts, which extend for more than 50 years, are concluded without the approval of the federal government, and deprive Baghdad of oversight and accountability.

Al-Tawki believes that enacting an oil and gas law is the only way to ensure unified and fair management of oil resources, especially after the significant damage caused by the lack of coordination between the central government and the region has been proven, whether in terms of exports, revenues, or sovereignty.

Several indicators support the hypothesis that the recent agreement may be the appropriate entry point for reviving the draft oil and gas law. These include the two parties’ agreement to coordinate exports and revenues, the exposure of economic losses resulting from the halt in exports, the mounting public pressure in the region over delayed salaries, and the need for a stable legal framework to attract foreign investment.

However, obstacles remain, such as political rivalry between parliamentary blocs, regional and international pressures related to the Kurdish oil file, and the sensitivity of the Kirkuk file and the disputed territories.

Despite the fragility of the recent oil agreement, it may represent a rare historic window to open the oil and gas law file, provided there is political will and legislative flexibility. The Iraqi economy cannot bear further financial bleeding, and Kurdish citizens are no longer able to bear the burden of political conflicts, according to observers.

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BARZANI EXPRESSES THE REGION’S READINESS TO NEGOTIATE THE OIL LAW AND AFFIRMS HIS REJECTION OF USING SALARIES AS A BARGAINING CHIP.

Kurdistan Regional Government Prime Minister Masrour Barzani announced on Saturday the region’s readiness to enter into negotiations with the federal government regarding the drafting of a new oil and gas law. He stressed the need to resume the region’s oil exports and categorically rejected the use of civil servant salaries as a means of political blackmail.

In an interview, Barzani explained that Erbil is awaiting the results of investigations to identify those responsible for targeting the oil fields, expressing his hope that Baghdad will view the region’s success as part of Iraq’s success as a whole.

He called for a constitutional solution to the salary issue by allocating an independent budget for the region within the upcoming federal budget law, noting that the region’s employees have constitutional rights that must be respected.

On the national front, Barzani affirmed the Kurds’ commitment to the position of President of the Republic, noting that the lack of political will in Baghdad is the primary obstacle to implementing Article 140 and building a balanced relationship between the central government and the region.

On the regional level, he welcomed the peace initiative between Turkey and the Kurdistan Workers’ Party (PKK), calling on the Syrian government to engage positively with legitimate Kurdish demands, and affirming the region’s commitment to relations based on mutual respect, particularly with Iran.

Barzani concluded his remarks by emphasizing the importance of regional stability, warning that any deterioration in security would have repercussions for all parties without exception.

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PM BARZANI, US CONSUL GENERAL AFFIRM NEED FOR OIL EXPORTS, KRG RIGHTS

KRG PM Masrour Barzani and outgoing US Consul General Steve Bitner met, agreeing on the need to resume oil exports, protect the Kurdistan Region’s federal entity, and secure its constitutional and financial rights

Kurdistan Region Prime Minister Masrour Barzani and outgoing U.S. Consul General Steve Bitner on Saturday affirmed their mutual agreement on the urgent need to resume the Kurdistan Region’s oil exports, protect its constitutionally recognized federal status, and secure the financial rights of its people, in a high-level meeting that underscored key strategic priorities for both Erbil and Washington.

The substantive discussions took place as Prime Minister Barzani officially received Consul General Bittner in Erbil to mark the conclusion of the American diplomat’s mission in the Kurdistan Region.

The meeting began with the Prime Minister extending his gratitude for America’s partnership. He thanked the United States for its continued support for the Kurdistan Region and offered specific appreciation for Consul General Bitner’s personal efforts during his tenure. The Prime Minister credited the Consul General for his work in further developing and advancing the bilateral relationship across all sectors.

In turn, the U.S. Consul General reciprocated the sentiment, expressing his deep appreciation for the consistent support and cooperation he received from the relevant authorities within the Kurdistan Regional Government. In his farewell remarks, Mr. Bitner stressed the strategic importance of strengthening the friendly and robust relations between his country and the Kurdistan Region.

Beyond the diplomatic farewells, the latter part of the meeting focused on critical and unresolved political and economic issues facing the region. The two sides found common ground and established a clear, unified position on several pressing matters.

A statement on the meeting confirmed that both the Prime Minister and the Consul General were in agreement on three specific and vital points.

PM Masrour Barzani shaking hands with US CG Steve Bitner:

Firstly, they concurred on the absolute necessity of resuming the Kurdistan Region’s oil exports, a crucial revenue stream that has been halted for over a year.

Secondly, they emphasized the shared goal of protecting and respecting the federal entity of the Kurdistan Region as enshrined in the Iraqi constitution.

Finally, they agreed on the importance of securing the constitutional rights and financial entitlements of the people of Kurdistan, a reference to the ongoing disputes with Baghdad over budget allocations and salary payments.

The meeting concluded on this note of mutual understanding, reinforcing the alignment between the Kurdistan Regional Government and the United States on foundational issues of economic stability, constitutional integrity, and the rights of the Kurdish people.

Throughout his tenure, Consul General Bitner became known for his distinctive approach to public diplomacy, frequently releasing video messages in which he addressed the people of the Kurdistan Region in the Kurdish language.

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Monetary Policy, Monetary Stability Approach, and Digital Transformation 2023-2025

Among the new economic publications, the book “Monetary Policy in Iraq, Monetary Stability Methodology, and Digital Transformation 2023-2025” was released by financial expert Samir Al-Nusairi.

This book addresses several economic and monetary themes, reflecting the Central Bank of Iraq’s orientations and its financial and banking reform policies in recent years, specifically for the period 2021-2026, with a strategic outlook extending to 2025.

Chapter One: The Central Bank and Opportunities

monetary stability

The author sheds light on the methodology of monetary policy, discussing the functions and objectives of the Central Bank of Iraq, the challenges facing monetary policy, and presenting the steps towards monetary stability and the pillars of monetary policy for the period 2021–2023.

Chapter Two: Digital Transformation and Financial Inclusion

The chapter reviews the Central Bank’s efforts in digital transformation, developing electronic payments, and supporting financial inclusion, in addition to developing payment systems and government support for information technology and cybersecurity.

Chapter Three: The Central Bank’s Strategy for Financial and Banking Reform 2024-2025

This chapter covers the strategic objectives of the reform, the Bank’s vision for 2025, the activation of economic measures, the regulation and financing of trade, and the management of economic challenges and variables.

Chapter Four: Government Support for Achievement

banking reform

The importance of cooperation between government agencies and the Central Bank is highlighted, with discussions on the comprehensive banking reform project, the role of the private banking sector, the International Monetary Fund, and the vision for reform in Iraq.

Chapter Five: Exchange Rates

and recovery procedures

It addresses the causes of exchange rate fluctuations, the factors affecting stability, particularly the difference between the official and parallel rates, and the government’s role in stimulating the private banking sector.

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IRAN’S QUDS FORCE CHIEF HELD SECRET MEETINGS WITH IRAQI SHIITE LEADERS

The commander of Iran’s Quds Force, Esmail Qaani, paid a brief, unannounced visit to Baghdad in recent days, where he met with senior figures in Iraq’s Coordination Framework.

Informed sources told Shafaq News that Qaani’s visit lasted approximately ten hours and included separate meetings with former prime minister and State of Law Coalition leader Nouri al-Maliki, National Wisdom Movement (Al-Hikma) leader Ammar al-Hakim, Fatah Alliance head Hadi al-Amiri, and Islamic Supreme Council of Iraq leader Humam Hammoudi.

The discussions, the source revealed, focused on regional developments and Iraq’s internal political landscape, with particular attention to upcoming elections and shifting alliances within the Shiite-led Coordination Framework, a major political bloc supported by Tehran.

The Iranian commander did not meet with Iraqi Prime Minister Mohammed Shia al-Sudani during this visit.

This marks Qaani’s second visit to Baghdad within two months. On June 28, he reportedly met with figures from the Popular Mobilization Forces (PMF), an umbrella of mostly Shiite paramilitary groups backed by Iran.

No official statements have been issued by either the Iraqi or Iranian sides regarding these meetings.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

ABOUT THE NEWSLETTER:

July 29, 2025 Mnt Goat News Brief

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Proverbs 11:25

A generous person will prosper; whoever refreshes others will be refreshed.

IRAQ IS APPROACHING TRUMP’S TABLE AND IS NO LONGER IN THE HANDS OF THE US UNDERSECRETARY OF STATE.

ECONOMIST: FOREIGN COMPANIES ARE PREVENTING THE DELIVERY OF KURDISTAN’S OIL TO BAGHDAD AND STRIPPING IT OF IRAQI JUDICIAL PROTECTION.

PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.

IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.

STATUS OF THE RV

Parallel Market vs CBI Official Rate (trigger for Project to Delete the Zeros):

The Coming: Oil and Gas Law:

Let’s talk 2025 Budget….

Let’s talk GOLD:

LET’S TALK IRAQI SOVEREIGNTY:

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

PRAYING WITH SINCERITY

From God to the PROPHET: Julie Green

“A POLITICAL RESET WILL RESHAPE THIS NATION”

“UNPRECEDENTED CHANGE IS COMING TO THE TAX SYSTEM IN THE UNITED STATES”

PROPHECIES IN PROGRESS

TULSI GABBARD: OBAMA COULD BE PROSECUTED FOR TREASON.

THE ‘BIGGEST SCANDAL’ IN AMERICAN POLITICS

AMERICANS DEMAND ARRESTS AFTER ANOTHER BIDEN AIDE PLEADS THE FIFTH

WHAT BYRON DONALDS IS PLANNING COULD ERASE THE ENTIRE BIDEN PRESIDENCY

TRUMP’S HISTORIC $1.35T EU TRADE DEAL SHOCKS WORLD!

“UNPRECEDENTED MOVES ARE BEING MADE TO BRING BACK THE GOLD STANDARD IN THIS NATION”

IS THE PELOSI INSIDER TRADING: MYTH OR REALITY.

WHY DID THE FBI RAID MAR-A-LAGO?

US ANNOUNCES WITHDRAWAL FROM UNESCO

SCHIFF ALWAYS TRIES TO SHIFT THE BLAME TO SOMEONE ELSE.

WILL SCHIFF BE FINALLY PROSECUTED?

DOJ RECEIVES CRIMINAL REFERRAL ON OBAMA

WILL STATUTE OF LIMITATIONS UNLIKELY IMPACT KEY RUSSIAGATE PROSECUTIONS AND INDICTMENTS?

PEOPLE NEED TO GO TO JAIL OVER THIS… THIS WAS ABSOLUTELY DEEP STATE CORRUPTION.

IRAQ CRACKS DOWN ON DOLLAR MARKET DISPARITY

THE DOLLAR APPROACHES THE OFFICIAL RATE: A REAL REFORM OR A TEMPORARY TRICK?

TRANSFORMING IRAQ INTO A REGIONAL HUB: ESTABLISHING A “GLOBAL GOLD CITY” IN BAGHDAD

IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.

THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.

ERBIL HANDS OVER OIL TO BAGHDAD, RECEIVES BUDGET SHARE

AFTER THE MAY SALARIES WERE RELEASED, THE JUNE SALARIES FOR KURDISTAN REGION EMPLOYEES ARE EXPECTED TO BE PAID.

GOVERNMENT ADVISOR: IRAQ IS WITNESSING VITAL STABILITY AND IS MOVING TOWARDS DIVERSIFYING ITS REVENUES AWAY FROM OIL.

THE 2025 BUDGET BILL MAY NOT REACH PARLIAMENT.

PARLIAMENTARY FINANCE COMMITTEE RULES OUT APPROVING 2025 BUDGET

PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.

INTERNATIONAL CERTIFICATION IN THE REFORM NOTEBOOK: THE INTERNATIONAL MONETARY FUND COMMENDS IRAQ’S EFFORTS TO CURB INFLATION.

BAGHDAD AND WASHINGTON AT A CROSSROADS OVER SOVEREIGNTY: THE POPULAR MOBILIZATION FORCES (PMF) FILE EXPOSES THE NERVES OF THE TENSE RELATIONSHIP.

DESPITE THE BILLIONS PILING UP IN AMERICA, WHY ISN’T IRAQ USING ITS MONEY TO SAVE ITS ECONOMY? – URGENT

AL-SUDANI’S OFFICE PUBLISHES NEW DETAILS OF THE PHONE CALL WITH THE US SECRETARY OF STATE.

THE BAGHDAD-ERBIL AGREEMENT: A RARE OPPORTUNITY TO REVIVE THE OIL AND GAS LAW OR A TEMPORARY POLITICAL CALM?

BARZANI EXPRESSES THE REGION’S READINESS TO NEGOTIATE THE OIL LAW AND AFFIRMS HIS REJECTION OF USING SALARIES AS A BARGAINING CHIP.

PM BARZANI, US CONSUL GENERAL AFFIRM NEED FOR OIL EXPORTS, KRG RIGHTS

Monetary Policy, Monetary Stability Approach, and Digital Transformation 2023-2025

IRAN’S QUDS FORCE CHIEF HELD SECRET MEETINGS WITH IRAQI SHIITE LEADERS

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

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