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:
October 23, 2025 Mnt Goat News Brief
Guten Tag everyone:
More concentration on the Project to Delete the Zeros. It is time and we will see this shortly.
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. Please show your appreciation for all the hard work I do.
I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. This is like a second job to me. The only way I know that people are reading and appreciating all the FACTUAL news I bring is through their appreciation. If I do not receive equal appreciation for all the hard work I do, I will simply end the Newsletter and save myself endless hours at the computer. I am tired of this RV saga just as you are. We are now down to the wire and the evidence is showing us the end is very near. I feel this would be a lousy time to end the Newsletter, but that is all up to you.
So, if you haven’t already shown your appreciation for October please reconsider.
Let’s all try to chip in!
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2 Corinthians 8:12
“For if the willingness is there, the gift is acceptable according to what one has, not according to what one does not have.”
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STATUS OF THE RV
No! There is no RV or Reinstatement of the Iraqi dinar yet. Don’t let these intel gurus or internet idiots fool you with their hyped-up sites. They only want your clickity-clicks.
We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.
Last week, the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency. I quote from today’s article “The matter of removing zeros from the Iraqi currency is a project that still exists and is ongoing. We are planning for it, and in the future, we will see progress on this matter,” Alaq said.
So, what project does Alaq mean? Of course, it’s the Project to Remove the Zeros.
Okay in my estimation this news came a bit late but who am I to debate it. Can the CBI conduct the project in just a few more months? …tick, tock, tick, tock. I am sure they have a time table. I am so sure because they told us. But who am I as I don’t work in the CBI.
😊 😊 Oops! They said is again….lol..lol..lol.. in the recent news once again the CBI confirms that they are moving ahead with the removing the zeros from the dinar. No longer historical stuff or futuristic someday stuff but NOW stuff. NOW, NOW, NOW! Get it? Let’s take a peek at the article titled “CENTRAL BANK: THE PROJECT TO REMOVE ZEROS FROM THE DINAR IS STILL ONGOING AND IS BEING PLANNED.” If you recall last week we had two other articles on this subject matter, then videos of the results of surveys given to the citizens on the subject matter. Now the CBI is confirming to the citizens the project is underway and we will see it soon. But when is “soon”? I can only guess it has to be between now and the end of December, right? Of course, if they still plan to reinstate in January 2026. We will shortly find out with only a few months to go.
I know that many of my readers may just float around and listen to a lot of the garbage information out there. That is your choice, but I strongly discourage this practice anymore. Then again many are serious about learning. Many may have thought I was lying or making too much out of what was said in last weeks articles about deleting the zeros. For some reason they can’t comprehend that this RV saga is quickly coming to an end.
I assure you of what my CBI contact told me is now all coming out in the news. It is undeniable now. So, let all the nay-sayers say what they want but this does not change the fact that we may be at the end of this RV saga and only just over a couple months to go.
The other article on this subject matter of removing the zeros is titled “NO OBSTACLES IN WAY OF WITHDRAWING OIL REVENUES FROM US BANKS” The article is mainly about the ability of Iraq to withdraw oil revenues from the banks in NYC under guardianship since 2003, I mean DFI money in dollars from the oil. But the interesting part about the article is it finishes with talk of removing the zeros. Why? Is there some correlation between the two topics or was this just an interview on various topics covered? Let’s explore both of these articles further. What is going on here.
I always like to start my analysis of defining first what we do know for sure:
- The 2025 budget tables were delayed due to a drop in oil prices below the minimum $70 as budgeted to pay for it.
- The Al-Sudani told us that these budget tables, thus project within them, are going to be rolled over in the 2026 budget.
- The budget for Iraq is worked on in October and begins with the new fiscal year for Iraq in January 2026.
- We were just told the budget tables for 2025 passed in parliament and had to be through legislative process again since they changed so much from the original tables. The new budget is now predicated off of oil at $60 not $70. They are going to take a more conservative approach.
- Al-Sudani is heading for Washington to meet with president Trump and the US Treasury. The talking points are not yet clear, but I believe they are going to be mostly about the Iranian militia and the next election.
- Al-Sudani told us almost a year ago, the dinar would be worth more than the dollar soon.
- Kurdistan Region’s oil exports resumed on Saturday following a three-month tripartite agreement between Baghdad, Erbil and the international oil companies. Oil through the port of Cryan could double the oil exports for Iraq thus doubling their oil revenues.
Okay, so now if we take what they just said to us in these recent articles about deleting the zeros it appears to me, and was confirmed to me on Wednesday by my CBI contact that the CBI is going to fund the 2026 budget with the reinstatement and new rate.
When you read the articles, it ties the deleting of the zeros to the budget. Listen carefully. I quote “Central Bank Governor Ali Al-Alaq confirmed that the three-year budget “included very large expenditures and a high deficit,” noting that the issue of removing zeros from the dinar may witness developments in the coming period.”
In this quote from the article Al-Alaq is referring to the last three year budget and would have had a very large deficit attached to it, if they had gone forward with it. He is then saying by removing the zeros (thus revaluing the dinar) will resolve this issue in the coming period. You see something always gets mixed up or lost in the translation from Arabic to English. This is why I called my CBI contact in Iraq to clarify.
Of course, in the coming period (Oct-Dec) since they only have a few more months until January 2026 and need to conduct the removing the zeros prior to any reinstatement. Remember Iraq is hardly ever on time and so we may go inpart into January. Don’t expect the reinstatement right on January 1st. This would be reall silly on your part and half-cocked and stupid. Get it? So the CBI is down to the last couple months to prepare and do it. We know the Project to Delete the Zeros MUST be done prior to the reinstatement. Let’s look at some more from the recent articles on removing the zeros.
Phenomena of the 20,000 dinar.
Al-Alq also said and I quote “He pointed out that, “With the renewed proposal for the zero-removal project, which is currently being prepared, the currency denominations will be restructured in general, including the 20,000 denomination.”
But there currently is no 20,000 three zero notes. Remember they cancelled this event to print and use these back years ago. So, what does this mean? It means they are going to have a 20 dinar note, as a new note that would have matched the 20,000 note, if they had issued them before. But they are going to now issue the 20,000 only in the background for banking purposes. The citizens should never see it. It is that simple, says my CBI contact, mystery solved.
Feel free to go to my blog link for the Project To Delete The Zeros, scroll down and take a peek at the list of the newer lower denominations the proposed in the past by the CBI. We must now add 20 dinar and 20,000 dinar notes to the list. We will soon see the new list also on the CBI website as they show us what all the newer lower denominations will look like. I am told this web page is prepared already and that the page is coming soon.
Then the CBI also told us “Last week, the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency.” So, tell me just how can the CBI “strengthen the national currency” unless it takes some drastic measures like selling more oil, increasing non-oil revenues and revaluing the dinar? All of these events come together and are connected and integrated into the overall plan of creating stability in the dinar. This is why the CBI talked about the removing the zeros in the same breath as these other topics. Get It? I certainly hope everyone reading my Newsletter gets it. It is coming and so put the champagne in the frig… lol..lol..lol.. 😊
What else is in the news?
Meanwhile as the CBI moves ahead with the process of removing the zeros and preparing to help meet the 2026 budget through the reinstatement and new rate, there is still the lingering stigma of the Iranian militia that must be dealt with. Could this delay the action of the RV again?
In another article titled “AL-SUDANI AND THE US SECRETARY OF STATE DISCUSS COMPLETING US TRADE DEALS IN IRAQ”. In the article US Secretary of State Marco Rubio emphasized again on Tuesday 10/21 that armed factions must be disarmed.
The US State Department said, “Secretary Rubio discussed, in contact with the Prime Minister of Iraq, efforts to complete US trade deals in Iraq”. According to the US State Department, Secretary Rubio stressed “the need to disarm the Iranian-backed factions that undermine Iraq’s sovereignty.” So, it appears to me that the US under the Trump administration is demanding a safer background in Iraq in order to conduct its business in Iraq. Having the Iranian militia in Iraq is not safe for the US. So, you see this article tells so much. These events are connected. Can Iraq find a way to peacefully work with Iran to rid Iraq of these militia terrorist organizations? This is not just going to go away… lol.. lol.. ☹
😊 In the article titled “SECRET PLEDGE IN SHARM EL-SHEIKH: AL-SUDANI PROMISES WASHINGTON TO SEVER TIES WITH TEHRAN” we learn that Former minister and MP Wael Abdul Latif confirmed that Prime Minister Mohammed Shia al-Sudani pledged to the US administration during the Sharm el-Sheikh meetings to end relations with Iran and close the Popular Mobilization Forces (PMF) and armed factions files, in exchange for Washington’s support for his second term.
In a statement monitored by the Jarida Platform, Abdel Latif said, “The Prime Minister has clearly expressed his willingness to move away from the Iranian axis in exchange for political support from the United States to renew his term,”
Is this promise enough or will the US demand action first before supporting Al-Sudani for a second term. Also when it comes to removing the zeros and the revaluation, don’t you think this promise made over a year ago has to be made good for him to gain confidence and support for reelection? Just saying…
Then this article pops out titled “AL-SUDANI CALLS ON WASHINGTON NOT TO TAKE UNILATERAL ACTION AFTER RUBIO’S COMMENTS ABOUT MILITIAS.” Prime Minister Mohammed Shia al-Sudlani offered a different account of what transpired in his phone call with US Secretary of State Marco Rubio tonight. The Iraqi statement omitted any mention of “disarming militias” in the next phase, contrary to what the US statement contained. However, al-Sudlani used a suggestive phrase when he called on Washington not to take any unilateral action outside the framework of communication and consultation. In other words Al-Sudani is fearful that the US military in Iraq would take forceful actions against the militias without the approval or knowledge even of the GOI. He is being precautionary. I just want to point out the severity of the situation with the militias in Iraq.
Why didn’t the past two US administrations kickout the militias?
Why wait for the Trump administration to do it? Oh….didn’t I tell you almost a decade ago what issues allowing these militia to stay in Iraq would eventually cause? So, now we see Iraq is being bit by their own stupidity once again. How could they possibly believe it would be okay to leave Iranian militia inside their country when the US sacrificed lives to free their nation? Did they believe the US government was that stupid to allow it in the long term? I also have to say that maybe the government under the Obama and Biden administrations couldn’t give a damn and actually wanted to continue supporting the funding to Iran from Iraq? Why didn’t these other administrations crack down on these militias then? One has to ask these important questions. Something is very fishy about the foreign policy of these two prior administrations (Obama and Biden) towards Iraq and Iran. That’s twelve years!
Just so you know there are also two other article on this same subject titled “SUDANESE TO US SECRETARY OF STATE: ANY UNILATERAL STEPS OUTSIDE THE FRAMEWORK OF COMMUNICATION AND CONSULTATION MUST BE AVOIDED”
and
“RUBIO TO AL-SUDANI: THE FACTIONS ARE PLUNDERING STATE RESOURCES FOR THE BENEFIT OF IRAN AND MUST BE DISARMED”
US Secretary of State Marco Rubio informed Iraqi Prime Minister Mohammed Shia al-Sudani on Tuesday evening “of the need to expedite the disarmament of pro-Iranian armed factions in the country”. During the call, Rubio discussed “Iranian-backed militias in Iraq threaten the lives and businesses of Americans and Iraqis alike, and plunder Iraqi resources for the benefit of Tehran”.
Do you believe that ridding Iranian militia is important to the US? Could this lead to a delay in the reinstatement if not done on timing for January 2026? Leave a comment below.
So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?
We must continue our prayers for the Iraqi people and the future of Iraq. Let God’s abundance and prosperity rein down upon that nation.
I want to add that we are at the end of this RV saga and so if you have not yet helped in showing me you care for all my research and news, then my calls to Iraq, please consider helping out. Again, I tell you this is a second job as it takes so much of my time to get this done twice a week.. But I do it for you as I already know this information and I do not have to share it. I have worked many years without asking for anything and so now we are at the very end to this RV saga and so please decide to help out or help out again, but only if you can. Thanks Again…
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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.
NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter 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.
Prophetic Words from prophet: Julie Green
““BREAKTHROUGHS ARE ON THE WAY”
You can start watching the video at the 49:37 mark.
All I can say is this one is amazing and coincides exactly what we are now hearing form Iraq and the coming transfer of wealth.
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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.
Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.
Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.
It is key to the “RESET”.
Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.
15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN
15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER
HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS
JUST THE FACTS OF THE SCHUMER SHUTDOWN
No, it is not going to be democrat business as usual! A shift in how the government is going to be run in the future, and the future is now.
IS IT TIME FOR JUSTICE FOR JACK SMITH
“No one is above the law” and this applies to you too Jack. Did he have legal justification to spy on nearly a dozen republican senators and tap their phone lines? What about what he did to Trump?
THE “SHIT” IS ABOUT TO HIT THE FAN FOR SHIFTY SHIT-SCHIFF.
Will he be next on the list of people indicted? It’s coming….trust me on this one.
IT IS REVEALED ‘NO KINGS’ RALLIES SPONSORED BY COMMUNIST PARTY IN USA
I guess Soros and the CCP couldn’t even pay the paid protestors enough to come out and riot. Did you ever see a bigger bunch of bullshit?
SCHUMER IS PREPARING TO SURRENDER
SOME PEOPLE JUST DON’T BELONG IN CONGRESS
This is what happens when you use a position of trust and honor to play an activist role. I have never seen anything so disrespectful in the house chambers before by any one individual. She is fighting for Palestine and her Muslim district who immigrated from Palestine. This is how she gains votes and stays in her position. It is the new game many of these newer democrats want to play. Just pay attention to “the squad”. Obviously, she is showing off for the cameras. Dumb people who don’t know any better buy into this crap. Oh…. so how many democrats have we watched being thrown out of hearings or public meetings? They are scared that they are next to go. No worries though, your just the small fry, the Grand Jury is in the process of going after the big fish first.
CENTRAL BANK: THE PROJECT TO REMOVE ZEROS FROM THE DINAR IS STILL ONGOING AND IS BEING PLANNED.
22-10-25 (October 22, 2025)
Central Bank Governor Ali Al-Alaq confirmed that the three-year budget “included very large expenditures and a high deficit,” noting that the issue of removing zeros from the dinar may witness developments in the coming period.
On the sidelines of Al-Alaq’s participation in the Duhok Conference on Economic and Financial Problems in Iraq and the Kurdistan Region, Al-Alaq said, “The budget for the three years included very large expenditures, which is why the deficit was high. However, there is ongoing coordination between the Central Bank and the Ministry of Finance to achieve a high degree of financial stability.”
He added, “The issue of removing zeros from the Iraqi currency is an ongoing project that is being planned, and we may hear developments regarding it in the coming period.”
He pointed out that, “With the renewed proposal for the zero-removal project, which is currently being prepared, the currency denominations will be restructured in general, including the 20,000 denomination.”
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NO OBSTACLES IN WAY OF WITHDRAWING OIL REVENUES FROM US BANKS.
The governor of the Central Bank of Iraq (CBI) said Wednesday there are no obstacles in the way of withdrawing oil revenues from US banks, amid recent reports that Washington has sanctioned tens of Iraqi banks due to alleged violations involving illegal dollar transactions.
“There are no obstacles or barriers,” Ali Alaq told Rudaw on the sidelines of the second scientific conference of the College of Administration and Economics at the University of Duhok. “We receive… US dollars daily and convert it directly to Iraqi dinars to meet the needs of the Ministry of Finance and pay those who are entitled to dollars in exchange for dinars.”
Iraq’s oil revenues are deposited in US banks, namely the Federal Reserve, for the purpose of stabilizing Iraqi dinar, management of inflation, and several other critical reasons. The practice originated after the 2003 invasion under UN and US oversight.
In August, Iraq Observatory reported that 35 of the 72 banks currently operating in Iraq have been sanctioned by the US due to alleged violations of illegal US dollar transactions. Oil revenue is Iraq’s main source of income, and the federal government relies on oil sales to cover its costs and pay the salaries of its civil servants.
Iraq has generated an estimated revenue of $7.1 billion in August oil exports, reported the country’s oil ministry.
Issues around budget deficiencies
In June 2023, Iraq passed a three-year budget that included a record $152 billion in spending, allocating 12.6 percent to the Kurdistan Region.
“The three-year budget contains significant expenditures, which is why the deficit has increased,” Alaq warned, adding there is, however, “coordination between the Ministry of Finance and the Central Bank to ensure greater financial stability.”
He added there are “plans being implemented in coordination between the government and the Central Bank to establish a foundation for financial sustainability that will not face shortages and problems.
“The programs that the government and Central Bank are working on include increasing non-oil revenues to protect against the shocks that hit Iraq’s economy.
“I believe there will be significant progress on this matter in the future. Financial sustainability is an important and fundamental goal that we are all working on.”
Under Iraq’s three-year budget plan for 2023-2025, it was decided that the federal government’s revenues and expenditures would follow a set framework, with the finance ministry preparing an updated revenue and expenditure table each year for parliamentary approval.
However, the 2025 budget table has yet to be submitted to Parliament. In practice, even when such tables are prepared, the figures often differ significantly from actual revenues and expenditures, as seen over the past two years.
Removing zeros from currency
Last week, the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency.
“The matter of removing zeros from the Iraqi currency is a project that still exists and is ongoing. We are planning for it, and in the future, we will see progress on this matter,” Alaq said.
Iraq’s national currency, the dinar, has recently demonstrated strong signs of recovery, with the market rate steadily approaching the official exchange rate of 1,320 IQD to the US dollar. After a turbulent period of volatility and speculation
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AL-SUDANI AND THE US SECRETARY OF STATE DISCUSS COMPLETING US TRADE DEALS IN IRAQ
US Secretary of State Marco Rubio said on Tuesday that armed factions must be disarmed.
The US State Department said, “Secretary Rubio discussed, in contact with the Prime Minister of Iraq, efforts to complete US trade deals in Iraq“. According to the US State Department, Secretary Rubio stressed “the need to disarm the Iranian-backed factions that undermine Iraq’s sovereignty.”
He continued, “The armed factions supported by Iran in Iraq threaten the lives and businesses of Americans and Iraqis”. He added, “The Iraqi factions are plundering Iraqi resources for the benefit of Iran”. Minister Rubio stressed “Washington’s commitment to working closely with the Iraqis to promote common interests”.
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SUDANESE TO US SECRETARY OF STATE: ANY UNILATERAL STEPS OUTSIDE THE FRAMEWORK OF COMMUNICATION AND CONSULTATION MUST BE AVOIDED
Prime Minister Mohammed Shia al-Sudani warned during a phone call with US Secretary of State Marco Rubio of unilateral steps outside the framework of communication and consultation.
His media office stated, in a statement it received (IQ), “Al-Sudani received a phone call from US Secretary of State Marco Rubio, and they discussed ways to strengthen bilateral relations between the Republic of Iraq and the United States of America, and continue joint efforts aimed at consolidating the deep and multidimensional partnership between the two countries, in the political, economic, cultural, security and military fields”.
Al-Sudani reiterated, “The Iraqi government is keen to continue the momentum of bilateral cooperation and move forward in implementing the agreements and understandings reached during the past months, especially those related to expanding economic ties, developing an investment environment that attracts business, and creating a climate for American investments and companies in Iraq, in a way that embodies the common vision between the two countries.”
He stressed that “the friendly relations between Baghdad and Washington are based on constructive dialogue and continuous communication through multiple channels, which enhances common interests and establishes mutual trust, within a framework of continuous consultation and coordination to achieve common goals,” stressing “the need to avoid any unilateral steps outside the framework of communication and consultation.”
The two sides discussed the constitutional entitlement in the upcoming elections in Iraq, where Al-Sudani stressed “the government’s keenness to strengthen the democratic path in a way that consolidates political stability and sustainable development in Iraq”.
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RUBIO TO AL-SUDANI: THE FACTIONS ARE PLUNDERING STATE RESOURCES FOR THE BENEFIT OF IRAN AND MUST BE DISARMED
US Secretary of State Marco Rubio informed Iraqi Prime Minister Mohammed Shia al-Sudani on Tuesday evening of the need to expedite the disarmament of pro-Iranian armed factions in the country. During the call, Rubio discussed with Al-Sudani efforts to complete American trade deals in Iraq, stressing the need to disarm Iranian-backed militias that undermine Iraq’s sovereignty.
The US Secretary of State added, “Iranian-backed militias in Iraq threaten the lives and businesses of Americans and Iraqis alike, and plunder Iraqi resources for the benefit of Tehran”. At the end of his phone call with Al-Sudani, Minister Rubio stressed Washington’s commitment to “working closely with the Iraqis to promote common interests.”
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AL-SUDANI CALLS ON WASHINGTON NOT TO TAKE UNILATERAL ACTION AFTER RUBIO’S COMMENTS ABOUT MILITIAS.
Prime Minister Mohammed Shia al-Sudlani offered a different account of what transpired in his phone call with US Secretary of State Marco Rubio tonight. The Iraqi statement omitted any mention of “disarming militias” in the next phase, contrary to what the US statement contained. However, al-Sudlani used a suggestive phrase when he called on Washington not to take any unilateral action outside the framework of communication and consultation.
Statement from Al-Sudani’s office:
Prime Minister Mohammed Shia al-Sudani received a phone call from US Secretary of State Marco Rubio.
During the call, they discussed ways to strengthen bilateral relations between the Republic of Iraq and the United States of America, and continued joint efforts aimed at consolidating the deep and multidimensional partnership between the two countries in the political, economic, cultural, security, and military fields.
The Prime Minister reiterated the Iraqi government’s commitment to continuing the momentum of bilateral cooperation and moving forward with implementing the agreements and understandings reached over the past months, particularly those related to expanding economic ties, developing an attractive investment environment for business, and creating a climate for American investments and companies in Iraq, in a way that embodies the shared vision between the two countries.
Mr. Al-Sudani emphasized that the friendly relations between Baghdad and Washington are based on constructive dialogue and continuous communication through multiple channels, which enhances common interests and consolidates mutual trust, within a framework of ongoing consultation and coordination to achieve common goals. He emphasized the need to avoid any unilateral steps outside the framework of communication and consultation.
The two sides also discussed the constitutional requirements for the upcoming elections in Iraq, with the Prime Minister affirming the government’s commitment to strengthening the democratic process to consolidate political stability and sustainable development in Iraq.
US State Department statement:
The US Secretary of State discussed efforts to complete US trade deals in Iraq in a call with the Iraqi Prime Minister.
– Iran-backed militias in Iraq threaten the lives and businesses of Americans and Iraqis. US Secretary of State Rubio stressed the need to disarm Iranian-backed militias that undermine Iraq’s sovereignty.
The US Secretary of State affirmed Washington’s commitment to working closely with Iraqis to advance common interests.
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ELECTIONS AND THE “SECOND TERM”.. QAANI INTERVENES TO CONTAIN A HEATED DISPUTE BETWEEN THE FRAMEWORK LEADERS
(Don’t be surprised if Qaani ends up dead soon.)
On Tuesday, political sources revealed escalating differences within the coordination framework related to the use of state resources and political influence in electoral propaganda for a number of lists within the framework, at a time when Iranian parties entered the mediation line to contain tension.
One of the sources told Shafaq News Agency, “A disagreement emerged between some of the main forces within the coordination framework regarding the employment of state institutions and their capabilities to serve election campaigns, in addition to other differences regarding the management of the electoral file and financing, which prompted external parties to intervene to humidify the atmosphere and emphasize the unity of the Shiite ranks.”
According to the source, “The commander of the Quds Force of the Iranian Revolutionary Guard, Ismail Qaani, during his recent visit to Iraq to offer condolences on the death of the wife of the highest religious authority, held individual meetings with the leaders of the Coordination Framework forces, during which he stressed the need to preserve the unity of the Shiite position and leave differences aside before the upcoming elections.”
In this context, the representative of the Badr bloc, Madiha Al-Moussawi, downplayed the importance of this news, and said in her interview with Shafaq News Agency, “What is happening within the framework is a difference in visions and not a political disagreement, and this situation is healthy in any political process”.
Regarding talk about renewing the second term of Prime Minister Mohammed Shia al-Sudani, al-Moussawi confirmed that “talk about this is very early, and the issue of naming the next prime minister remains subject to the understandings of all political forces after the elections.”
After being the main political support framework for the Sudanese government since its formation in October 2022, the internal competition between its forces has come to light as the elections approach, especially over who has the greatest government influence and resources to employ in the next vote.
During the past few months, Qaani’s interventions to contain the Shiite division have increased, especially between the parties within the framework who are considered Tehran’s political allies, in the hope of keeping them in the same alliance after the announcement of the results of the upcoming elections.
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ON AN “UNANNOUNCED” VISIT.. QAANI MEETS WITH POLITICAL AND ARMED LEADERS IN BAGHDAD
Revealed An informed political source said on Tuesday evening that the commander of the Quds Force of the Iranian Revolutionary Guard Corps, General Ismail Qaani arrived in the Iraqi capital, Baghdad, on a visit “other than Announcing, he met with a number of leaders.
And he said The source told Shafaq News Agency, “Qaani arrived in Baghdad today and met with a number of leaders there.” Shiite political forces and armed factions, on a visit whose nature is unknown, as well None of the leaders mentioned that Qaani held his meetings.
And in Earlier today, political sources revealed escalating disagreements within the coordination framework related to the use of State resources and political influence in electoral propaganda for a number of affiliated lists Within the framework, at a time when Iranian parties entered the mediation line to contain the tension.
And tell One of the sources, Shafaq News Agency, said, “The commander of the Quds Force in the Iranian Revolutionary Guard, Ismail Qaani, during his recent visit to Iraq to offer condolences on the death of the wife of the highest religious authority, He held individual meetings with the leaders of the Coordination Framework forces, during which he stressed the need to maintain Unifying the Shiite position and leaving differences aside before the next elections.
And during recent months, Qaani’s interventions to contain the Shiite division have increased, especially between the parties within the framework who are considered Tehran’s political allies, hoping to keep them in the same alliance After announcing the results of the upcoming elections.
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THE IRAQI ECONOMY IS IN A NEW TEST: THE DECLINE OF THE DINAR AND THE CHALLENGES OF OIL HEGEMONY
The Iraqi dinar is suffering from increasing pressures, represented recently by its loss of about 5% of its value in late 2024, in light of internal and external challenges, most notably the decline in cash reserves, the rise in demand for the dollar in parallel markets, and excessive reliance on oil revenues.
In this regard, Sadiq Al-Rikabi, Director of Economic Research at the World Center for Development Studies in the United Kingdom, believes that the decline of the dinar is partly linked to the failure of some banks to adhere to regulatory rules, in addition to the strict American restrictions on foreign transfers, especially towards Iran.
He pointed out that dollar smuggling and leniency in dealing with the sanctions imposed on Tehran reduced the availability of the dollar in the Iraqi market, which led to an increase in its value against the dinar.
A parallel market destroys confidence
The crisis has worsened with parallel market activity, with the dollar dominating transactions and the dinar gradually weakening in value. Al-Rikabi explained that chronic dependence on oil and weak local production keep the dinar vulnerable to decline, without a real production support to support it.
Al-Rikabi highlighted another dilemma, which is the lack of trust between citizens and the banking system, noting that about 98 trillion Iraqi dinars are traded outside the banking system, which reflects the lack of trust in the banking sector, in addition to the lack of banking development to attract depositors.
Worrying future repercussions
Al-Rikabi warned that the continued decline of the dinar could lead to inflation and rising prices, which would push the private sector to refrain from investing or expanding, and delay the wheel of development.
However, he expressed optimism about the existence of large reserves and the government’s intention to diversify the economy, which may support stability in the long term.
For his part, the Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh, stressed that currency stability requires coordination between the Central Bank and the government, with greater openness to international institutions, and activating economic policy tools according to a comprehensive development vision.
He pointed out the success of monetary policy in curbing inflation to less than 3%, supported by foreign reserves amounting to $100 billion, and a fixed official exchange rate of 1,320 dinars per dollar.
He added that diversifying non-oil revenues through reforming the tax system and developing customs control is a pillar for achieving a sustainable economic balance.
He also stressed the importance of the shift towards a digital economy and expanding financial inclusion, as the percentage of adults with bank accounts rose to 40% in just one year.
Transparency is the key to stability
As for economic expert Ahmed Abd Rabbo, he called for an integrated package to control the market, including controlling public spending, expanding the production base, and regulating the movement of the dollar.
He stressed the importance of transparency in currency auctions and tightening control over external transfers, with the need to use cash reserves with caution. He also considered political stability a crucial factor in protecting the value of the dinar, noting that any unrest would boost demand for the dollar as a safe haven and put pressure on the local currency.
At the conclusion of his speech, Abd Rabbo stressed that building a diversified economy capable of generating hard currency from non-oil sectors is the only way to protect the dinar from market and political fluctuations.
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THE CENTRAL BANK DEVELOPS THE STRUCTURE OF EXTERNAL FINANCIAL TRANSFERS: A DECISIVE STEP AGAINST MANIPULATION AND SMUGGLING
In a new effort to limit foreign currency smuggling and regulate foreign trade, the Central Bank of Iraq has taken a decisive step by issuing binding instructions to regulate the mechanism for dealing with commercial invoices in all licensed banks, in coordination with the Ministry of Finance and the General Authority of Customs, within the framework of implementing Cabinet Resolution No. (569) of 2025.
These measures come within the framework of the national project to automate and modernize customs, and aim to enhance transparency and control over external financial transfer operations, at a time when Iraq is witnessing increasing challenges in controlling the movement of funds and intensifying control measures to reduce manipulation and smuggling.
As of Wednesday, January 1, 2025, the Central Bank of Iraq suspended the approved electronic platform for selling dollars to banks and companies at the official rate of 1,320 dinars per dollar.
Deputy Governor of the Central Bank, Ammar Khalaf, said in statements to reporters that work on the electronic platform related to the dollar has stopped, but financing foreign trade continues through banks in accordance with parallel mechanisms in force in countries around the world.
In a related statement, the Central Bank of Iraq explained earlier that this transition went through multiple stages that the external transfer process went through, which began with the window for buying and selling foreign currency and moved to the stage of the electronic platform for external transfers, and ended with the processes of gradually strengthening balances during the year 2024 and was fully achieved in the last week of that year.
The Central Bank of Iraq recently issued a new circular to all licensed banks, which included detailed instructions regarding commercial invoices whose assets are required to be transferred abroad, based on the directives of the Ministry of Finance and the General Authority of Customs, and within the framework of facilitating the implementation of Cabinet Resolution No. (569) of 2025.
According to the circular, it was decided to include in the commercial invoice a set of basic information, most notably: the invoice number and date, payment and shipping terms, currency and value, and the global Harmonized Customs Code (HS Code), provided that it is not less than six digits, in addition to the exporter and importer’s data, and an accurate description of the goods, their origin, brand, quantity, unit of measurement, unit price, and total price.
The circular also indicated the adoption of one of two types of invoices: either the final commercial invoice, or the initial invoice attached to the sales contract, provided that the final invoice contains all the data contained in the initial invoice.
The Central Bank confirmed that these instructions will be officially adopted in financial transfer and customs clearance operations starting from November 1, 2025.
In addition, the Prime Minister’s Advisor for Financial and Economic Affairs, Mazhar Muhammad Saleh, said that the new measures announced by the Central Bank of Iraq with the aim of preventing dollar smuggling, which will be implemented starting next month, “look good now”.
Saleh added during his interview with Al-Eqtisad News, “It is a fact that we can wait for its effectiveness, but it seems good now”, referring to the possibility of evaluating the results of these measures after they actually begin to be implemented.
In turn, the Eco Iraq Observatory commented on the new instructions issued by the Central Bank of Iraq regarding regulating commercial invoices for financial transfer and customs clearance operations, considering that they represent an important step towards enhancing transparency and controlling financial procedures.
The Observatory said that Circular No. (267/4/9) dated October 15, 2025, directed licensed banks to include in commercial invoices basic information related to payment and shipping terms, value and currency of the invoice, and the global customs harmonized code, in addition to the addresses of the importer and exporter, a description of the goods, their origin and brand, in addition to the quantity, unit price and total price.
Eco Iraq explained that the Central Bank stipulated the adoption of one of two types of invoices: either the final commercial invoice, or the initial invoice attached to the sales contract, provided that the final invoice contains all the data of the initial invoice.
The Observatory confirmed that implementation of these instructions will begin on November 1, 2025, noting that the decision falls within the National Automation Project, which seeks to regulate external transfer operations more precisely and reduce loopholes that may be exploited in manipulation or evasion operations.
Eco Iraq considered that the new instructions represent a positive step towards unifying banking and customs procedures, and contribute to reducing errors and improving the level of control over commercial transactions, which supports the project to modernize customs and financial governance in Iraq.
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AL-SARRAJ: THE COORDINATION FRAMEWORK IS THE ONE THAT DETERMINES THE NEXT PRIME MINISTER.
Political analyst Ibrahim Al-Sarraj said on Monday that the premiership for the next phase will be determined by the parties forming the Coordination Framework, and will not depend on the number of parliamentary seats won by each candidate or leader.
Al-Sarraj told Al-Maalouma, “The Coordination Framework refuses for Al-Sudani to be in power for a second term, even if he wins a majority of parliamentary seats in the next phase.”
He added, “The Coordination Framework has a political tradition that does not depend on the number of parliamentary seats in granting the premiership, but rather on consensus between the political parties, which is something that has been worked on in the past parliamentary sessions.”
He explained that “the premiership for the next phase will be determined exclusively by the parties forming the Coordination Framework, as it does not depend on the number of seats, but rather on the state of acceptance within the framework.”
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SECRET PLEDGE IN SHARM EL-SHEIKH: AL-SUDANI PROMISES WASHINGTON TO SEVER TIES WITH TEHRAN
Former minister and MP Wael Abdul Latif confirmed that Prime Minister Mohammed Shia al-Sudani pledged to the US administration during the Sharm el-Sheikh meetings to end relations with Iran and close the Popular Mobilization Forces (PMF) and armed factions files, in exchange for Washington’s support for his second term.
In a statement monitored by the Jarida Platform, Abdel Latif said, “The Prime Minister has clearly expressed his willingness to move away from the Iranian axis in exchange for political support from the United States to renew his term,” noting that this pledge was one of the most prominent topics of the meetings held on the sidelines of the Sharm el-Sheikh summit.
He added that “US envoy Mark Savaya did not come to Iraq to survey or sleep, but rather to follow up on sensitive issues related to the Popular Mobilization Forces, armed factions, and the Iraqi economy,” noting that “his presence reflects profound political and security implications, paving the way for a new phase in the relationship between Baghdad and Washington.”
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IRAQ SELLS FIRST SHIPMENT OF KURDISH OIL AFTER EXPORTS RESTART
02-10-2025
ERBIL, Kurdistan Region – The Iraqi government on Thursday sold the first shipment of oil from the Kurdistan Region in Turkey, just days after exports resumed following a suspension of more than two years, Oil Minister Hayyan Abdul Ghani told Rudaw.
“Today at 12 pm, the first oil ship carrying Kurdistan Region oil was sold and left Ceyhan port,” said the minister,” adding that the ship was carrying 650,000 barrels of oil.
Kurdistan Region’s oil exports resumed on Saturday following a three-month tripartite agreement between Baghdad, Erbil and the international oil companies. Exports were halted in March 2023 after a Paris-based arbitration court ruled that Ankara had violated a 1973 pipeline agreement by allowing Erbil to independently export oil beginning in 2014.
“The oil that is exported through the [Turkey-Iraq] Pipeline is collected daily in the storage facilities at Ceyhan port and exported in stages,” Abdul Ghani noted.
Abdul Ghani on Saturday stressed that the resumption of Kurdistan Region’s oil exports will not affect Iraq’s compliance with its latest OPEC commitments, saying “they have already been counted as part of OPEC’s quota.”
On Wednesday, the minister told Rudaw that Iraq aims to increase daily oil output from 4.4 million bpd to 5.5 million bpd by the end of the year.
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IRAQ POCKETS OVER $7 BILLION IN AUGUST OIL REVENUE: MINISTRY
29-09-2025
ERBIL, Kurdistan Region – Iraq has generated an estimated revenue of $7.1 billion in August oil exports, reported the country’s oil ministry on Monday, as global oil prices dropped to $68.
The ministry said Baghdad exported over 104.8 million barrels of oil, at an average rate of 3.4 million barrels per day and an average price of 67.7 dollars per barrel.
“The total quantity of crude oil exports, including condensates, amounted to 104,806,884 barrels… with revenues amounting to more than $7,160,253,000,” the ministry said.
Oil revenue is Iraq’s main source of income, and the federal government relies on oil sales to cover its costs and pay the salaries of its civil servants.
The ministry’s report comes days after Kurdistan Region’s oil exports resumed, more than two years after suspension, following an interim agreement between Baghdad, Erbil and oil companies.
Oil prices dropped on Monday after Kurdish oil exports resumed to the international market, coupled with OPEC+ plans for another oil production increase in November.
Oil exports from the Kurdistan Region through the Iraq-Turkey pipeline had been suspended since March 2023, when a Paris-based arbitration court found that Ankara had violated a 1973 pipeline agreement with Baghdad by allowing Erbil to independently export oil since 2014.
Iraq’s Minister of Oil Hayyan Abdul Ghani commented on the agreement on Friday, saying that for the first time in 20 years the Kurdistan Regional Government (KRG) has agreed to send 190,000 barrels of oil per day to Iraq’s State Oil Marketing Organization (SOMO) and some 50,000 barrels will be kept for internal use and managed by Erbil’s Ministry of Natural Resources.
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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.
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