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.
ABOUT THE NEWSLETTER:
August 7, 2025 Mnt Goat News Brief
Guten Tag everyone:
Today I am bringing you sobering news on many issues. Yes, we are talking SECURITY and STABILITY for Iraq to get us the currency reform. Per CBI and IMF years ago. But its the news and we all should pay attention.
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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Matthew 7:11
“If you then, being evil, know how to give good gifts to your children, how much more will your Father who is in heaven give what is good to those who ask Him!”
More news….
REPORTS OF AN IMMINENT ROUND BETWEEN WASHINGTON AND TEHRAN, AND TABNAK SILENTLY DELETES THE NEWS.
Iranian media outlets affiliated with the fundamentalist movement revealed on Tuesday (August 5, 2025) that a new round of indirect negotiations between Iran and the United States is imminent, amid escalating tensions in the region following recent attacks targeting sensitive Iranian facilities.
The Tabnak news agency, affiliated with prominent Iranian regime leader Mohsen Rezaei, reported in a report translated by Baghdad Today that the talks could begin in the second half of August and are likely to begin next week. The location or format of the upcoming round was not disclosed.
The agency quoted informed sources as saying that the negotiations will “likely be indirect” and may include the participation of new international parties, but will not be conducted through the mediation of the Sultanate of Oman, as was the case in previous rounds. Remarkably, Tabnak News Agency deleted the news story minutes after publishing it without providing any explanation, raising questions and speculation about internal pressure or a shift in Iran’s official position regarding the timing of the announcement.
More news….
IRAQ TO RESUME OIL EXPORTS VIA TURKIYE’S CEYHAN PORT
Iraq will resume crude exports through Turkiye’s Ceyhan port within two days, Oil Minister Hayan Abdul-Ghani announced on Wednesday.
At a press conference at the Jambur oil field, Abdul-Ghani confirmed that the Kurdistan Region produces around 230,000 barrels per day (bpd). Of this, approximately 50,000 bpd are consumed locally, while about 80,000 bpd will be transferred to the federal oil ministry for export via Ceyhan.
Crude flows through the pipeline have been halted since March 2023, following a ruling by the International Chamber of Commerce that supported Baghdad’s position requiring federal authorization for all oil exports. The suspension arose from longstanding disagreements between the Iraqi government and the Kurdistan Regional Government (KRG) over export rights and revenue distribution.
Earlier today, the minister arrived in Kirkuk to inaugurate a new wet oil processing facility at the Jambur oil field. Developed in partnership with an Italian firm, the station is designed to handle up to 90,000 bpd.
Abdul-Ghani also outlined plans to increase Kirkuk province’s output from 350,000 bpd to 600,000 bpd. British oil major BP is expected to begin operations in the area within a month. Additionally, the oil ministry is preparing to officially open new facilities for the North Oil Company. The project is led by Italian firm Mandresi, which previously helped raise the Jambur oil field’s output capacity to 90,000 bpd.
STATUS OF THE RV
Today I am bringing you sobering news of an issue that is going to impact the relationship between the US and Iraq. However, the good news on this issue is that it has been lingering for eight (8) years (since 2017) and has to be resolved sometime one way or the other. This is the time. It is now coming to the forefront. Remember a couple things. This is not a new issue but a lingering issue. This news may seem gloomy to us investors but God also sent His prophets to us to warn us that there will be a shaking in the Middle East but at the end there will be prosperity and peace. We must trust in God’s methods and let this play out. Remember that appeasement is never an avenue for peace and only comes back to haunt you later in a vengeance. So, please bear this mind as you read today’s news.
The future of the popular mobilization forces (PMF) in Iraq is a serious issue that the US does not take lightly. I quote from one of the articles from today’s news “We strongly oppose the legislation of the Popular Mobilization Forces (PMF) law, which empowers armed groups linked to Iran and terrorist organizations,” State Department spokeswoman Tammy Bruce said during a press conference in Washington, DC. Why is this issue the VERY important for us investors in the Iraqi dinar right now more so than any other time?
This substantial increase in the IQD will not happen until the currency of Iraq is once again traded on FOREX and the other global currency exchanges. This is an event that will be a culmination of decades of monetary reforms, events that we have witnessed. But these reforms are now enough unless you have the backing and full support of entities that control the process of the rolling out the dinar and reinstating it.
This event of reinstatement is NOT GOING TO HAPPEN unless the US Treasury gives is approval. I have stated in previous Newsletters that the US Treasury, when pressures by the Iraqi Central Bank (CBI) to reinstate the dinar, it has recently given approval to move ahead with the process but with a list of conditions to the GOI and the CBI. One of these conditions is to remove the PMF from Iraq. This condition is a critical order from the US to Iraq and is the basis of today’s conversation in this Newsletter. This issue has now come at a critical stage in the conversation of diplomacy by the US state department and the Iraqi government.
In today’s news articles there are four articles about this topic. So, you think it is important? Yes, I believe all us investors in the IQD should be paying lots of attention to what is going on in this area. Our eyes should be glued to any news on this topic. I assure you this topic is going to be resolved one way or the other , meaning Iraq will remove the PMF from Iraq (a very tall order) or it will suffer severe sanctions and reprimands of all sorts. The currency reform process is not void of fallout from this issue and does not move forward in a vacuum, as many of these idiot intel gurus want you to believe.
During a press briefing in Washington, D.C., on March 24, Department Spokesperson Tammy Bruce underscored the need for Iraq to ensure all security forces within its borders operate under the command of the Iraqi government rather than foreign influences.
“To strengthen Iraq’s sovereignty, the Government of Iraq must ensure it has command and control of all security forces within its borders, including the PMF,” Bruce stated. “These forces must respond to Iraq’s commander-in-chief and not to Iran.”
Again, to refresh memories, I will briefly explain what the PMF is and why it is currently in Iraq and so dangerous for Iraq. The PMF is made up of Shiite Iranian backed armed soldiers that were a spinoff of Iranian Kud forces under the command of general Qasem Soleimani commander. Nearly tens of thousands of these soldiers infiltrated into Iraq to help oust ISIS in 2014, as ISIS took over entire regions of Iraq. Parliament then passed a law allowing these forces to in Iraq at this time. After ISIS was defeated the naming of these forces changed to “Popular Mobilization Forces” or PMF in order to water-down the fact that Iranian military forces occupied Iraqi soil and make them sound legitimate. This was done by the Coordination Framework political party. We are then talking about 2017 when ISIS was defeated. Remember the US military was also asked to come in Iraq and help and new Status of Forces Agreement has to be reached prior.
This new updated law in parliament is really not a new law perse, but an enhanced law of the past law for the PMF from the 2014 era, only these current changes would now legalize and legitimize the PMF as a part of the Iraqi security forces, but remain under the command of Iran. It would make the PMF an official military institution in Iraq. Yes, it is very weird that Iraq would even consider such a move.
In the article titled “A NEW US THREAT TO IRAQ. THE US STATE DEPARTMENT SAYS THE PASSAGE OF THE POPULAR MOBILIZATION FORCES (PMF) LAW WILL CHANGE THE NATURE OF THE BILATERAL SECURITY PARTNERSHIP WITH BAGHDAD.“ we find that The Iraqi Parliament already passed the first and second readings of the draft Popular Mobilization Forces Law, awaiting a third reading and vote.”
Al-Asadi, a senior figure in the National Approach Bloc (Al-Nahj Al-Watani) within the Shiite Coordination Framework (CF), confirmed that the bill has completed two parliamentary readings and is scheduled for a final vote after the Arbaeen pilgrimage on August 14, describing it as essential to regulating the PMF’s administrative structure.
Any passing of this law would impede the US mission in Iraq and the current Status of Forces Agreement with the US. In short, this new law in dealing with the PMF would legally make Iraq a puppet state of Iran. In the article titled “THE US STATE DEPARTMENT WARNS BAGHDAD: THE POPULAR MOBILIZATION LAW CHANGES THE NATURE OF OUR BILATERAL SECURITY PARTNERSHIP WITH IRAQ.” we learn that according to US secretary of state “Rubio emphasized that any such legislation would entrench Iranian influence and armed terrorist groups, undermining Iraq’s sovereignty.”
In the midst of what we hear about Iran and its nuclear ambitions and Iran’s hatred for the US and Israel, we must understand the strong stance the US has in apposing such a law from Iraq and it’s sovereignty. I find in ironic how Iraq can cry out to the US about infringements on their sovereignty, yet allow Iran militia to legally stay in Iraq to influence future policies. Will this effect out long awaiting RV? How can you possibly believe it won’t?
I quote from the article “The U.S. Department of State has called on the Iraqi government to assert full control over its security forces, warning that the presence of Iran-aligned groups within Iraq’s Popular Mobilization Forces (PMF) threatens the country’s sovereignty and stability.”
We must remember that this issue of the PMF is not new and we can go back to discussions from global think tanks on this issue. Here a few from fie (5) years ago.
THE FUTURE OF THE POPULAR MOBILIZATION FORCES:
It is August 7th already and will the Iraqi parliament vote on the PMF law on August 14th and if they do will it get passed? What will then happen to the PMF if does not and the US has its way? The PMF still must be dealt with, either way. Even if the law does pass I do not believe the US will just stand by and watch Iraq fall to Iran. There will be drastic measures taken.
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Is there any good news for today?
Meanwhile we must remember that in the midst of the political issues facing Iraq the Central Bank is continuing to move ahead and further its preparation for working yet even more closely with the global financial arena. Yes, there are some smiling faces today……
😊In the article titled “CENTRAL BANK GOVERNOR: DEVELOPING THE ELECTRONIC PAYMENT SYSTEM IS A STRATEGIC OPTION IN BUILDING A DIVERSIFIED ECONOMY” we find that the Central Bank conducted a Comprehensive Transformation of Electronic Payments Conference held in Baghdad, His Excellency the Governor of the Central Bank of Iraq, Mr. Al-Alaq, emphasized that the bank has worked to develop electronic payment systems in an integrated and secure manner, including payment and settlement in accordance with the highest international standards and practices.
😊 In yet another article on this topic titled “CENTRAL BANK GOVERNOR: WE ARE WORKING TO CONSOLIDATE THE ELECTRONIC PAYMENT INFRASTRUCTURE THROUGH FIVE STRATEGIC PROJECTS” we learn that the Governor of the Central Bank of Iraq, Ali Al-Alaq, announced last Thursday, the development of rules and guidelines supporting the electronic payment system, revealing five major national projects aimed at consolidating the infrastructure for this system, as part of the move towards a comprehensive digital transformation.
Al-Alaq said, during the “Comprehensive Transformation of Electronic Payment” conference, that “digitalization is no longer a luxury option, but rather a strategic necessity for building a modern state and a diversified economy, and achieving transparency in service provision.” He stressed that “Iraq has a historic opportunity to make up for lost time and launch a new vision to combat corruption and stimulate investment.”
Al-Alaq explained there are five new national initiatives or projects including:
-The Instant Payments System: enables money transfers around the clock and provides a smooth and secure user experience.
-The Unified Government Payments Portal: contributes to facilitating payment procedures and enhancing transparency.
-The National Card Scheme: establishes an independent national system that preserves digital sovereignty and serves the local market.
-Developing the National Operations Department: Enhances the ability to efficiently manage the increasing volume of transactions.
-Regional and international partnerships: Aim to leverage the advanced tools of global payment networks.
I need everyone to realize that these new proposed projects are not holding up the reinstatement of the dinar but is part of a strategy to get in line with global electronic payment systems. The CBI is modernizing society. The reinstatement could have happened without these projects, as we know of the 2012-2013 attempt by Dr Shabibi. However, these projects would also enhance the opportunity for accession to the World Trade Organization and further advance Iraq. Did the WTO specifically ask for these projects? No, but they show the WTO that Iraq is serious about their future trading partners and how they can better work with them.
😊Also more on this topic in the article titled “DIGITAL TRANSFORMATION IN IRAQ: CONFIDENT STEPS TOWARDS E-GOVERNANCE AND COMBATING CORRUPTION” we learn that Iraq began its serious steps toward e-governance, it is emerging as a strong competitor in various fields, including tracking dinar movements and combating corruption. These steps reflect a clear government will to bring about a digital transformation that strengthens the economy and serves citizens.
Tasnim International News Agency commented that as Iraq has taken steps toward e-governance, it has become a strong competitor in several areas, including tracking the movement of the Iraqi dinar and combating corruption.
Financial and economic expert Dr. Safwan Qusay told Tasnim: It is clear that Al-Sudani’s government has moved towards investing in technology to track the movement of the Iraqi dinar and transactions. A platform has been launched, the “Our Platform,” which works to ensure that all government units provide their services through an integrated system of the internet and intranet.
Abdul Zahra Al-Hindawi, the official spokesperson for the Ministry of Planning, told Tasnim: “The Iraqi government has a comprehensive approach to digital transformation within its development plans. This issue has been a significant component of the targets of the five-year development plan 2024-2028, as well as within Iraq’s Vision for Sustainable Development 2030.” Thus, Iraq is “advancing in the global rankings of countries operating in the field of electronic systems and electronic payments”, in steps that have strengthened the government’s capabilities and benefited citizens.
☹This following article is to change the subject matter, Iraqi news has also once again explained why we will NOT see the 2025 budget tables. But there is more insite too to this article and we must listen. I didn’t know whether to put a smiling face or a crying face on this one…..
In the article titled “ECONOMIST: THE MINISTRY OF FINANCE IS CURRENTLY UNABLE TO SUBMIT THE DRAFT BUDGET, AND IDENTIFIES THE REASONS.” I though this was amazing news as the beans are spilled out of the bottle on how experts perceive the US.
Economic expert Rashid Al-Saadi confirmed that the Iraqi economy faces a number of challenges that hinder its stability, most notably those related to the region, in addition to corruption issues and its connection to the US Federal Reserve.
In this following statement it can not get any clearer that we, as investors, need to stop chasing rainbows and a pot of gold at the end of the rainbow. We must get down to reality and what really happened to the budget. So, here we learn again by Al-Saadi as he tells the Al Furat News Agency that “the Ministry of Finance is currently unable to submit the draft general budget due to the Kurdistan Region’s failure to deliver oil and non-oil revenues,” noting that “approving the budget will allow room for public spending, which will directly impact the well-being of citizens.”
Al-Saadi added, “Corruption represents a major challenge that is eating away at state institutions and cannot be controlled despite the measures taken by the Integrity Commission and the government.” In a related context, he stressed that “Iraq’s connection to the US Federal Reserve represents a major catastrophe, as funds can only be freely used by submitting requests to the bank, which often delays its responses,” asserting that “all of these factors limit and restrict the freedom of the Iraqi economy.”
There is also another topic in our radar I don’t want to miss but will not concentrate on today. This is the issue of the corruption from Kurdistan concerning the oil sales. So far as part of the recent agreements with Baghdad, it has paid the overdue salaries to Kurdistan however no oil has yet flowed through SOMO. There was an ultimatum of 1 week given to the Kurds by the prime minister Al-Sudani to meet their agreement requirements made in the past recent weeks. What will happen if the oil does not flow? All we can do is wait and watch this drama play out. Remember the US has told Iraq they wanted the much-needed constitutional referendum about how to manage the oil in Iraq in a formal law and enforced- the Oil and Gas Law. It has been decades already and still this law is not in place. We all know why as I have gone over this so many times already. This is also another of the conditions the US has openly stated wants completed to fulfill its promises to Iraq, one of which is the final restatement of the dinar.
All we can do now is pray. The prophets told us there is going to be a shaking of the Middle East before it gets better. We see this now in all aspects. No, the RV has not yet happened. There are very few who have access to the QFS and so very few know the actual rate of the IQD as it now stands in the system. Remember they plan to migrate these QFS rates into FOREX slowly, in what they call “baskets”. When will this migration occur? No one is given the date and I don’t believe anyone actually knows the date, since it is dependent of other events occurring satisfactorily first. I have tried to keep my readers abreast of many of these needed issues that need to be resolved first.
Misinformation:
As you know I always try to listen to many of the idiot RV gurus and their intel calls. My goal is to bring TRUTH, HONESTY and CLARITY to this investment. I can spot scammers a mile away. I listened to the main idiot of all idiots calling his site the “Big Call” rather the “Big (stupid) Call” This guy Bruce just told all his listeners, (if he even really has any), that the contract rate was instigated by President Trump recently and is with the US. It may have been reviewed by Trump and now of course brokered by the US Treasury and US banks when we exchange, but I assure you it was with China and brokered by the US way back under President G.W. Bush and not Trump. So where in hell Bruce got mixed up and why I don’t know. Just to clarify for anyone who also listens to his bullshit calls. I really believe he is listening to the wrong sources who seem to have the intelligence of a pre-kindergartener child.
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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.
I am going to leave this one up for awhile because you all need to watch this and listen to it carefully and i mean carefully because this does effect our timing of the RV we are all waiting for. This reset will shape not only the US but Iraq and many other countries.
“A 15-YEAR RETURN AND RECOVERY FROM THE LORD – ANDREW WHALEN”
Could our long awaited RV be part of this recovery? I have recorded an audio part of today’s prophecy for you because I believe this is so relevant to what we, as investors in the Iraqi dinar, have witnessed so far. Didn’t I tell you over and over again that the foreign policy during the Obama years caused our hold up of the reinstatement of the dinar? This reinstatement even God promised to us much earlier than now.
So, take the year 2025 minus 15 years and what do you have? You have right around 2010-2011 when the IMF was making plans with Dr Shabibi and put together the process of how to get the dinar reinstated the quickest and best way for Iraq. Is this coincidental? So, look at Iraq today and all the corruption they had to go through. They told us they could have rebuilt Iraq three times over with all the stolen money.
When in this prophecy today, God says he is going to recover what has been lost and is going to RESET this nation back 15 years, this RV is part of the his reset too. Fifteen years..WOW! Again reset, reset, reset,,,,, Another sign to us from GOD that this RV is going to happen and it is just around the corner now. Can’t you see the exposure of Obama and all this corruption. Oh… but there is still lots to yet expose and its coming. Michele is a transgender and this is going to come out. I know its hard to believe but be patient. Iraq has overcome all these satanic, dark elements and is prevailing regardless. Again, I have to add that I firmly believe that prime minister Al-Sudani is the Donald Trump for Iraq.
You can watch the full show here: LINK below
A 15-Year Return And Recovery From The Lord – Andrew Whalen
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From God to the PROPHET: Julie Green
“THE TRUTH IS COMING OUT ABOUT ISRAEL”
You can go to mark 21:23 on the video to start prophecy. Second one from July 27nd.
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“ARE YOU PREPARED FOR WHAT IS COMING?“
You can go to mark 18:29 on the video to start prophecy. From Aug 1st.
We to stop being distracted on what is going on in the news, and pivot and pay more attention to what He is saying.
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All I can is “God told you so”!
BONDI BOMBSHELL — OBAMA’S NAME IS ON THE “TOP” OF THE LIST FOR RUSSIAGATE
Forwarded to the Grand Jury for review this week.
TRUMP ISSUES FIERY RESPONSE TO TEXAS DEMS: ‘DO YOU NOTICE THIS’
STATE LAUNCHES INVESTIGATION INTO WHO IS FUNDING TEXAS DEMOCRATS’ WALKOUT
THE REAL RUSSIA COLLUSION STORY WITH JOHN SOLOMON: LAID OUT IN SIMPLE TERMS.
TRUMP JUST UNCOVERED A MUCH BIGGER SCANDAL THAN RUSSIAGATE
As if that could be possible….
DOJ LAUNCHES A GRAND JURY INVESTIGATION INTO RUSSIAGATE CONSPIRACY ALLEGATIONS
The Justice Dept is now taking the next step and moving the Tulsi Gabard evidence along to a Grand Jury which will look at the evidence and then the next step will be taken, if applicable. Yes, this is being elevated and will not go away like so many other crimes against Americans in the past by these crooked politicians.
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TRUMP UNCOVERS A ‘TRILLION DOLLAR’ SCAM LAUNCHED BY BARACK OBAMA
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THE DURHAM REPORT ANNEX IS FINALLY DECLASSIFIED AND IT IS RELEASED.
What does it tell us?
Stephen Miller, deputy chief of staff, UNLOADS on Dems over Russiagate: ‘One egregious felony after another’.
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JEANINE PIRRO CONFIRMED— HER FIRST BOMBSHELL ORDER PUTS DC ON NOTICE
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THERE’S A MUTINY AT THE FED
It won’t be long before the Trump administration cancels the Fed contract and moves its functions to the US Treasury altogether. By the way…this is where it should have been anyhow for almost century. It’s just taking a strong leader to bring it back from the hands of the private banking cartel. Oh boy… and they surely don’t like that.
A NEW US THREAT TO IRAQ. THE US STATE DEPARTMENT SAYS THE PASSAGE OF THE POPULAR MOBILIZATION FORCES (PMF) LAW WILL CHANGE THE NATURE OF THE BILATERAL SECURITY PARTNERSHIP WITH BAGHDAD.
On Tuesday evening, the US State Department reiterated Washington’s objection to the Iraqi parliament’s efforts to enact the Popular Mobilization Forces (PMF) law, noting that its passage would alter the nature of the bilateral security partnership with Baghdad.
“We strongly oppose the legislation, which empowers armed groups linked to Iran and terrorist organizations,” State Department spokeswoman Tammy Bruce said during a press conference in Washington, D.C.
The Iraqi Parliament passed the first and second readings of the draft Popular Mobilization Forces Law, awaiting a third reading and vote.
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IRAQ TO VOTE ON PMF LAW IN DAYS DESPITE US PRESSURE
2025-08-07
Shafaq News – Baghdad
Iraqi lawmakers are preparing to vote within days on the Popular Mobilization Forces (PMF) Authority Law, despite strong US opposition and efforts by some Shiite leaders to postpone the bill to the next parliamentary session, MP Hassan al-Asadi told Shafaq News on Thursday.
Al-Asadi, a senior figure in the National Approach Bloc (Al-Nahj Al-Watani) within the Shiite Coordination Framework (CF), confirmed that the bill has completed two parliamentary readings and is scheduled for a final vote after the Arbaeen pilgrimage on August 14, describing it as essential to regulating the PMF’s administrative structure.
While criticizing external pressure on Iraq’s legislative decisions, he rejected “any interference—whether from the United States or others—particularly in matters concerning the PMF,” which he referred to as an official military institution.
The MP also pointed to a second bill, Iraq’s PMF Service and Retirement Law, which has been returned to the cabinet for amendments and has not yet reached parliament. He clarified that delays surrounding this legislation stem from internal political disputes unrelated to the institution.
Meanwhile, a senior political source told Shafaq News that key disagreements persist within Shiite parties over the PMF’s future structure and leadership. The current draft envisions incorporating the force into Iraq’s formal military hierarchy, with standardized ranks—an approach reportedly facing resistance from powerful factions within the PMF.
“Unless a political agreement is reached, the law may be deferred to the next parliamentary session, though some parties may resort to political bargaining to secure its passage.”
The legislative push comes nearly nine years after Iraq’s parliament first recognized the PMF in 2016 in response to the war against ISIS. That law, while symbolically significant, lacked organizational clarity. The new draft seeks to define the PMF’s role within Iraq’s security architecture as part of a broader reform effort.
Washington, however, has raised repeated objections. On Tuesday, US State Department Spokesperson Tammy Bruce warned that the law would strengthen Iran-aligned groups within the PMF, including several designated as terrorist organizations by the United States—among them Kata’ib Hezbollah, Asa’ib Ahl al-Haq, and Harakat al-Nujaba.
Another Department official told our agency that Washington “strongly opposes any legislation that is inconsistent with the goals of our bilateral security assistance and partnership,” and cautioned that the US would continue taking “appropriate action” against financial entities engaging with sanctioned groups.
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THE US STATE DEPARTMENT WARNS BAGHDAD: THE POPULAR MOBILIZATION LAW CHANGES THE NATURE OF OUR BILATERAL SECURITY PARTNERSHIP WITH IRAQ.
The US State Department confirmed Tuesday evening that Washington opposes the Iraqi parliament’s efforts to enact the Popular Mobilization Forces (PMF) law, noting that its passage would alter the nature of the bilateral security partnership with Baghdad.
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We strongly oppose the legislation of the Popular Mobilization Forces (PMF) law, which empowers armed groups linked to Iran and terrorist organizations,” State Department spokeswoman Tammy Bruce said during a press conference in Washington, DC, attended by a Shafaq News Agency correspondent.
American researchers warned in a report published by the Washington Institute for Near East Policy that passing the Popular Mobilization Forces law would undermine Iraqi security reforms and provide legal cover for factions operating outside state authority, including groups designated by the United States as “terrorist organizations.”
The report, translated by Shafaq News Agency, called on the US administration to respond through multiple pressure tools, including imposing sanctions on PMF leaders close to Tehran, freezing some aspects of security cooperation with Baghdad, and linking military aid to the level of commitment to security reforms and the principle of state monopoly over arms.
The United States, through its embassy in Baghdad, also reiterated its concern over the passage of the Popular Mobilization Forces Law. An informed political source previously revealed to Shafaq News Agency that the Popular Mobilization Forces (PMF) law, which was scheduled to be voted on during the current parliamentary session, will be postponed due to ongoing disagreements among political forces, particularly within the Shiite component, regarding the PMF’s structure and future role.
The source explained that “the current version of the law aims to integrate the Popular Mobilization Forces (PMF) as an integral part of the official military establishment, with a military leadership that is hierarchically aligned, a position rejected by some influential parties within the PMF.” He added that “political consensus has not yet been achieved, and the principle of mutual benefit and gains may be used to advance the law later.”
This postponement reinforces the statement made by Parliament Speaker Mahmoud al-Mashhadani, who confirmed the US’s explicit rejection of the law’s enactment in its current form.
Political sources also told Shafaq News Agency that “the United States is exerting diplomatic pressure to prevent its passage, fearing it would establish the Popular Mobilization Forces’ independence from the Iraqi army and grant legal legitimacy to factions that Washington considers terrorist groups.”
This proposal is consistent with what was recently revealed in a statement by the US State Department following a call between Secretary Marco Rubio and Iraqi Prime Minister Mohammed Shia al-Sudani, who conveyed the United States’ “deep concern” regarding the Popular Mobilization Forces (PMF) bill currently before the House of Representatives. Rubio emphasized that any such legislation would entrench Iranian influence and armed terrorist groups, undermining Iraq’s sovereignty.
This controversy comes nearly nine years after the Iraqi parliament first passed the Popular Mobilization Forces (PMF) law in November 2016, in response to ISIS’s invasion of Mosul and large swaths of Iraq. However, the previous law lacked organizational details, prompting some parties to push for a comprehensive amendment that would clearly define the PMF’s position within the security apparatus.
It’s worth noting that the Popular Mobilization Forces (PMF) were established by government decree in mid-2014 in response to the “sufficiency jihad” fatwa issued by Grand Ayatollah Ali al-Sistani following the fall of Mosul. Thousands of fighters from Shiite armed factions, some of whom had already been present before the fatwa, poured in.
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COORDINATION FRAMEWORK HARDLINERS INSIST ON THE POPULAR MOBILIZATION LAW AND REJECT WASHINGTON’S PRESSURE.
Amid political divisions within the Coordination Framework and declared US rejection, the tug of war over the Popular Mobilization Forces (PMF) law continues within the halls of parliament. Hassan al-Asadi, a member of the National Approach bloc within the Coordination Framework, revealed on Thursday that there is a move to pass the PMF law after the Arbaeen pilgrimage, despite official US and governmental objections.
This comes amid a “soft coup” within the Coordination Framework, led by leaders of the factions’ wing, regarding Prime Minister Mohammed al-Sudani’s policies. This prompted the leaders of the Hikma Movement and the Victory Coalition to mediate and mend the divisions ahead of the elections.
Al-Asadi, whose bloc represents the Fadhila Party, said in a statement monitored by Al-Alam Al-Jadeed, “The Popular Mobilization Forces law has completed its first and second readings in parliament. It aims to organize the administrative structure of the institution, and is expected to be included on the agenda for a vote after the Arbaeen pilgrimage.”
He added, “We categorically reject any foreign interference in the legislative process, whether by the United States or others, including laws pertaining to the Popular Mobilization Forces, which is an official government military institution subordinate to the Commander-in-Chief of the Armed Forces.”
Al-Asadi explained that “there is another law concerning service and retirement in the Popular Mobilization Forces, which has been returned to the Council of Ministers for amendment, and has not yet reached the House of Representatives.” He indicated that “the delay in the vote is not related to the Popular Mobilization Forces itself, but rather to internal political disputes that have no connection to the institution.”
He pointed out that “there is an intention to vote on the law when it is enacted.”
Earlier on Thursday, informed sources told Al-Alam Al-Jadeed that “signs of division within the Coordination Framework have emerged with the escalation of the tone of anger from Kata’ib Hezbollah against Prime Minister Mohammed Shia al-Sudani, particularly after yesterday’s statement. This prompted the head of the Hikma Movement, Ammar al-Hakim, and the leader of the Victory Coalition, Haider al-Abadi, to seek mediation between the two parties, especially since the rift is widening within the Coordination Framework.”
She added, “Al-Abadi and Al-Hakim intend to hold a separate meeting with the various parties to reach an understanding that will ensure continued ties within the framework until the next elections.”
Kata’ib Hezbollah revealed Wednesday evening that its Secretary-General, Abu Hussein al-Hamidawi, had asked the leaders of the Coordination Framework to “block” the decisions of Federal Prime Minister Mohammed Shia al-Sudani because they had “lost balance.”
This came after Prime Minister Mohammed al-Sudani’s absence from the last Coordination Framework meeting due to a deepening dispute with some of its leaders over two issues: the framework’s leaders’ cover-up of those involved in the Dora incident south of Baghdad, and their insistence on passing the Popular Mobilization Law despite its serious consequences. This was clearly evident in the Hezbollah Brigades’ statement announcing their withdrawal from the “Baghdad Ring” project and handing over their responsibilities to the Popular Mobilization Forces, according to sources for Al-Alam Al-Jadeed.
During his meeting with First Deputy Speaker of Parliament Mohsen al-Mandalawi, the US Chargé d’Affaires in Baghdad, Stephen Fagin, expressed Washington’s concern over the draft law on the Popular Mobilization Forces, arguing that it threatens Iraq’s sovereignty and strengthens Tehran’s influence. The embassy warned that the proposed legislation grants armed groups legal cover that weakens state institutions.
On August 3, the Parliamentary Security and Defense Committee officially announced that the law had been submitted to the parliament’s presidency for inclusion on the agenda. This indicates growing insistence from influential parties, amid warnings of a public explosion or a renewed economic collapse.
During the parliament session last Sunday, which did not include the law on its agenda, the head of the Popular Mobilization Forces (PMF), Faleh al-Fayyadh, called for the necessity of passing the law. He said in a statement received by Al-Alam Al-Jadeed, “The vote on the PMF law is not just a legislative measure, but rather an expression of the people’s gratitude to their fighters.” He stressed that “we are facing a national responsibility, and a matter related to the dignity of those who took up arms in defense of Iraq and its sovereignty.” He emphasized that “the vote on the PMF law is a confirmation of the rights of those who answered the call of the religious authority and wrote with their blood the glory of this nation.”
This comes amid parliamentary speculation that the law will be postponed to the next session due to the internal and external opposition it faces. The parliament’s leadership is also seeking to keep parliamentary sessions free of controversial laws that often disrupt sessions.
Second Deputy Speaker of Parliament Shakhwan Abdullah commented on the Popular Mobilization Forces law during a press conference held on August 2, saying, “There are laws whose name is related to a specific group, but their enactment harms the rest of Iraq. This is a message not only to us, but also to Sunnis and Shiites. Passing this law poses a major threat to Iraq, and the messages of all parties have been clear on this matter. Therefore, the time is not right to enact such a law.”
This comes amid mounting US pressure on the Prime Minister’s government regarding the issue of restricting arms to the state. The Prime Minister asserted, on Saturday, during his attendance at the commemoration of the 1920 Revolution, held in the Al-Kifl district of Babil Governorate, that restricting arms represents a fundamental pillar for building a strong and respected state. He stressed that no party has the right to confiscate this decision, noting that the recommendations and directives of the religious authority are part of the government’s program.
On July 23, the government released a statement about the phone call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio. However, the statement did not clearly address US demands, as revealed by White House spokeswoman Tammy Ross and corroborated by informed sources, who confirmed that messages conveyed by the Secretary of State to al-Sudani included demands to hold accountable those who launched the drone attacks on oil fields, in addition to rejecting the Popular Mobilization Forces law recently discussed by parliament, and the need to integrate its forces into the security services.
It’s worth noting that the Popular Mobilization Forces (PMF) law was included on the agenda of the parliament session held on July 16, but some parliamentary blocs withdrew from the session, disrupting the legal quorum.
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ECONOMIST: THE MINISTRY OF FINANCE IS CURRENTLY UNABLE TO SUBMIT THE DRAFT BUDGET, AND IDENTIFIES THE REASONS.
Economic expert Rashid Al-Saadi confirmed that the Iraqi economy faces a number of challenges that hinder its stability, most notably those related to the region, in addition to corruption issues and its connection to the US Federal Reserve.
Al-Saadi told Al Furat News Agency that “the Ministry of Finance is currently unable to submit the draft general budget due to the Kurdistan Region’s failure to deliver oil and non-oil revenues,” noting that “approving the budget will allow room for public spending, which will directly impact the well-being of citizens.”
Al-Saadi added, “Corruption represents a major challenge that is eating away at state institutions and cannot be controlled despite the measures taken by the Integrity Commission and the government.” In a related context, he stressed that “Iraq’s connection to the US Federal Reserve represents a major catastrophe, as funds can only be freely used by submitting requests to the bank, which often delays its responses,” asserting that “all of these factors limit and restrict the freedom of the Iraqi economy.”
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DIGITAL TRANSFORMATION IN IRAQ: CONFIDENT STEPS TOWARDS E-GOVERNANCE AND COMBATING CORRUPTION
As Iraq began its serious steps toward e-governance, it emerged as a strong competitor in various fields, including tracking dinar movements and combating corruption. These steps reflect a clear government will to bring about a digital transformation that strengthens the economy and serves citizens.
Tasnim International News Agency – As Iraq has taken steps toward e-governance, it has become a strong competitor in several areas, including tracking the movement of the Iraqi dinar and combating corruption.
Financial and economic expert Dr. Safwan Qusay told Tasnim: It is clear that Al-Sudani’s government has moved towards investing in technology to track the movement of the Iraqi dinar and transactions. A platform has been launched, the “Our Platform,” which works to ensure that all government units provide their services through an integrated system of the internet and intranet. This allows us to provide these services without any friction between citizens and employees using technology. This contributes to improving performance and, consequently, the possibility of establishing responsibility centers, whether internally or at the level of units in the private sector. This will contribute to accelerating the globalization of the Iraqi economy, especially as we face a set of challenges in transferring the Iraqi economy to the international environment.
Dr. Mohammed Al-Khazai, Director of the Union Center for Media Training, told Tasnim: The Iraqi government has made relative progress in some aspects of e-government, such as digital tax collection, such as the e-passport, and facilitating citizen transactions. However, it remains below the desired level due to the lack of an integrated infrastructure and the multiplicity of implementing agencies. This has hindered the comprehensive transformation of the digital project, not to mention the large amount of red tape and bureaucracy in paper transactions that continue to burden citizens.
Citizens interviewed by Tasnim News Agency in Baghdad expressed their hope that the culture of electronic payment would spread, contributing to the government’s efforts to strengthen the Iraqi economy. They also expressed their support for any progress the government makes in serving citizens. Some said that electronic transactions have achieved a qualitative leap forward, contributing to the reduction of bribery.
The government, through the Ministry of Planning, indicated that these steps toward digitization, e-governance, and e-payment, which have become widespread in Iraq, mark the beginning of an era in which Iraq will compete with countries in the region, and even the world.
Abdul Zahra Al-Hindawi, the official spokesperson for the Ministry of Planning, told Tasnim: “The Iraqi government has a comprehensive approach to digital transformation within its development plans. This issue has been a significant component of the targets of the five-year development plan 2024-2028, as well as within Iraq’s Vision for Sustainable Development 2030. This is in addition to the focus of the current government’s program and the important measures taken by the state’s various institutions, sectors, and activities in this area.”
Thus, Iraq is advancing in the global rankings of countries operating in the field of electronic systems and electronic payments, in steps that have strengthened the government’s capabilities and benefited citizens.
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CENTRAL BANK GOVERNOR: DEVELOPING THE ELECTRONIC PAYMENT SYSTEM IS A STRATEGIC OPTION IN BUILDING A DIVERSIFIED ECONOMY.
In his speech at the Comprehensive Transformation of Electronic Payments Conference held in Baghdad, His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, emphasized that the bank has worked to develop electronic payment systems in an integrated and secure manner, including payment and settlement in accordance with the highest international standards and practices. He explained that these systems have contributed to enhancing the efficiency and reliability of financial operations and supported the implementation of strategic initiatives in partnership with the government to localize salaries, electronic fortification, and development financing programs.
His Excellency the Governor explained that digital transformation has become a strategic option in building a modern state, a diversified economy, and transparent government services. International experiences have proven that digitization is not a luxury, but rather a key driver of sustainable development, improving the work environment, empowering youth, and developing vital sectors.
His Excellency the Governor emphasized that Iraq faces a historic opportunity to embark on a clear vision towards an economy capable of facing challenges, combating corruption, and creating an attractive investment environment. These systems have contributed to enhancing the efficiency and reliability of financial operations and supported the implementation of strategic initiatives in partnership with the government to localize salaries, electronic fortification, and development financing programs.
The Governor indicated that the Central Bank is working, as part of its plan, to consolidate the electronic payment infrastructure by implementing several national projects, such as the instant payments system, which allows for 24/7 financial transfers and provides a smoother user experience; the unified payment gateway for government entities, which facilitates payment procedures, reduces manipulation, and increases trust; and
the national card scheme, which builds an independent national system that preserves digital sovereignty, reduces reliance on external systems, and opens the door to products that suit the local market.
* Fourth – Developing the national switchboard to support the significant increase in transaction volume and ensure the speed and stability of operations within a secure environment, in addition to establishing partnerships with regional and international institutions and deepening cooperation with global payment networks to benefit from their advanced tools.
His Excellency added that an in-depth study is underway to regulate dealing in crypto-assets, taking into account challenges, risks, and opportunities, ensuring financial stability requirements, and strengthening fraud systems and combating money laundering and terrorist financing.
The Governor called on the media and educational institutions to launch awareness programs that highlight the advantages of electronic payments and the risks of dealing outside the official framework, in order to build an integrated system characterized by efficiency and transparency, placing Iraq among the ranks of developed countries. He pointed out that the success of this transformation is not achieved through infrastructure alone, but rather requires a real partnership between various relevant parties, including government agencies, the banking sector, technology companies, and civil society organizations. He also noted that raising community awareness of electronic payments and overcoming fears constitutes an essential element in building trust among the beneficiary parties.
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CENTRAL BANK GOVERNOR: WE ARE WORKING TO CONSOLIDATE THE ELECTRONIC PAYMENT INFRASTRUCTURE THROUGH FIVE STRATEGIC PROJECTS.
The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Thursday, the development of rules and guidelines supporting the electronic payment system, revealing five major national projects aimed at consolidating the infrastructure for this system, as part of the move towards comprehensive digital transformation.
Al-Alaq said, during the “Comprehensive Transformation of Electronic Payment” conference, that “digitalization is no longer a luxury option, but rather a strategic necessity for building a modern state and a diversified economy, and achieving transparency in service provision.” He stressed that “Iraq has a historic opportunity to make up for lost time and launch a new vision to combat corruption and stimulate investment.”
He explained that the Central Bank is working to develop an integrated and secure payment system that meets the highest international standards and enhances the efficiency of financial transactions, in cooperation with the government and within national initiatives that include salary localization, electronic immunization, and development financing programs. Al-Alaq explained that the five main projects are:
-The Instant Payments System: enables money transfers around the clock and provides a smooth and secure user experience.
-The Unified Government Payments Portal: contributes to facilitating payment procedures and enhancing transparency.
-The National Card Scheme: establishes an independent national system that preserves digital sovereignty and serves the local market.
-Developing the National Operations Department: Enhances the ability to efficiently manage the increasing volume of transactions.
-Regional and international partnerships: Aim to leverage the advanced tools of global payment networks.
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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
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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.
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