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:
May 26, 2026 Mnt Goat News Brief
Guten Tag everyone:
Appears Iraq made it through the election cycle and has their new prime minister. Now what will he do? Let’s tie into the news from Iraq to learn his agenda for Iraq. Let’s explore today what will be their strategic plan for the near future in this next phase for Iraq.
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Romans 6:22
But now having been freed from sin and enslaved to God, you derive your benefit, resulting in sanctification, and the outcome, eternal life.
STATUS OF THE RV
FYI: It looks like my Latest Mnt Goat Newsletter will only be published once a week from now on unless others are willing to step up and show their appreciation for all that I do from my audience. The next step is NO Newsletter. I must keep my sanity as I am already working 2-jobs, trying to keep the gasthaus open. The romantic tourism is not what it used to be in Bavaria since COVID and then the heavy migration of illegals. If I am to work 3-jobs I want to get paid for it. It is not that I greedy by I know that there are people out there who actually appreciate all that I do but the rest just sneak in and peek. There are over 20,000 hits on my blog each Newsletter. So, do I matter or not? My audience will have to decide if you want the TRUTH or not about this investment.
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I have some really good news for everyone today; in fact, some is amazing news. It is a total change in what we were hearing from Iraq from just a few weeks ago. Funny how things can change so quickly.
If you remember my last Thursday’s Newsletter I talked a lot about a radical economic transformation. They are not calling it ‘radical’ for nothing. Pay attention! Here is the link to it May 21, 2026 Newsletter. Did you pay attention to these articles or just pass it by as another bit of news?
If you can recall way back last September I had many calls to my contact in the CBI and we discussed many important points – see my September 16, 2026 Newsletter. These 5 points were given to me that Iraq must resolve prior to any reinstatement. Since we are not going to the bank until the IQD is back on FOREX, don’t you think it would be a good idea to track these issues until they are resolved? I know, I know, I am bored too of talking about them so much. But this is reality not some every day / any day RV lies. Get it!
Then to back up and reinforce what has been coming out in the news in Iraq since to what my CBI contact told us in September, the news has been almost exclusively all about one or more of these five issues each week? Sometimes even all of them. So, do I have a creditable source in the CBI? I presented all these articles to you to show you and back up what she is telling us. Let’s just take headlines from May 5, 2026 Newsletter as one example. What did Iraq tell us? I did not make this stuff up! Just look, look, look!!!!
So what else did my contact tell me back in September?
I was told that the election saga would not be an easy one this time around since Iran would make a major push to take yet more control over Iraqi politics and ‘dig in’ even harder. There are over 800,000 MPF and factions from Iran now in Iraq. Yes, that’s a lot! So, didn’t we also see this occur in the election cycle?
Remember the Coordination Framework had the insanity to nominate Nouri al-Maliki again. Did you ever stop to think what that was all about? This was an embolden effort by the Framework to test the will of Washington under President Trump. As Trump put sanctions back on Iraq and stopped dollar shipments there was an eye opener. Why dod they decide to go with Zaidi after all. Did you ever even hear of him before? He is an outsider and very conservative. Did Trump get what he wanted? Please learn to connect the pieces, it’s not that hard, or is it for you? Then let me do the work for you and just listen to me.
As many of you know I listen from time to time what other intel gurus has to say in their so-called intel conference calls. Don’t allow your enemy to fool you. Yes, they are you enemy in this investment not your friend. Let’s take for example Bruce on the Big ‘Stupid’ Call. He told his listeners that Dr Sinan Shabibi was coming back to the CBI. Really? This one blew my mind! He said that Dr Shabibi was coming back to kick ass and get this RV going. Really? Do you know just how foolish this sounds. Do you remember Dr. Sinan Al-Shabibi, the former governor of the Central Bank of Iraq, died on 8 January 2022 in Geneva, Switzerland. He was 80 years old at the time of his passing.
Here is the link if you don’t believe me. I also presented this information to you over 4 years ago. So how ‘reliable’ are Bruce’s sources? I am lying to you or are these intel gurus lying to you? Oh… but but they say they have the “most reliable’ sources of anyone. Really? Garbage in, garbage out!
He then went on to tell his listeners about the ‘med beds’ and how a US soldier grew a full set of legs and feet in just 30 minutes while laying in the med bed. Really? Folks, do you know just how stupid this lie is? Here is someone who calls himself intelligent and with his other companion on the call namely Susan does not even question it?
I have warned everyone multiple times about these damned med beds and the lies about them. Read my lips – they do not exist. It is a hoax being played on very stupid people. Don’t you think that if there were such a thing as med beds that they could literally replace hospitals, cure cancer and all other diseases and health issues. So, why are we not widely using them yet? Is it because of the corrupt Medical Health Industry? No, of course not, as according to Bruce we first need the RV to roll these out to everyone. Crazy stupid thing to say and to think people believe this nonsense?
How can anyone now trust anything Bruce says on his conference calls as he does not know what he is talking about and lies without verifying anything from his sources. Remember that these are the same sources feeding TNT Tony and his pied-piper gang of idiot followers who believe his nonsense. Again he says he has such creditable sources. I have heard that before….. It is all fabricated information and even they forget what has already taken place and get caught in their own lies. This kind of nonsense really gets my goat and is exactly why I have my blog. I am here to clarify and help you truely understand.
Then again on this same call Bruce said he had some reliable information but still needed to verify it, that the dinar was revalued at $6 but only in country. he would not commit to this nonsense. I certainly hope he doesn’t use the same source to verify it that told him Dr Shabibi was still alive….lol.. lol.. lol.. Folks, I already went through the reasoning as to why the in-country rate can never be that high in-coountry, until the dinar is back on FOREX. Also, we have not heard news from the CBI as of yet on moving ahead with the Project to Delete the Zeros. There is no way to get the rate over $1 even, without removing the zeros. Get it?
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What is in the latest news?
To cover today’s ‘real’ news, I first want to emphasize that Iraq is heading for a huge, radical Economic Transformation. I do not use this terminology lightly. If this holds to it promises this will lead us to what we want – the reinstatement of their dinar currency.
Their words not mine in the article titled “PRIME MINISTER’S ADVISOR: IRAQ IS ON THE VERGE OF MAJOR ECONOMIC CHANGES UNDER THE GUIDANCE OF AL-ZAIDI“The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed on Wednesday (May 27, 2026) that Iraq is going through an important transitional phase at the economic level, noting that the directives of Prime Minister Ali al-Zaidi have brought about a shift in the philosophy of managing the state’s financial and economic affairs, which paves the way for broad transformations during the coming period.
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With the drop in oil prices coming soon after the Iranian stuff dies down, they must make some critical decisions in the short term to survive long term. Will they decide to borrow, revalue the dollar (devaluing the dinar) or print more money? In the article titled “FORMER MP: THE GOVERNMENT FACES TWO PATHS: BORROWING OR RAISING THE EXCHANGE RATE.”
As usual once there is another hiccup in the economy these economists and former MPs press the alarm button and always run to increase the rate of the dollar as their solution. Aren’t there any other alternatives? Can the GOI pay salaries using the reserves to make up any missing revenues due to the blocking of oil shipments? Certainly, it’s not from a drop in oil prices, as oil was over $90 a barrel for over months already. Again, another example of Iraq’s over reliance on the petro-dollar as the sole source of revenue. When will they come around and finally grow the economy away from oil? This is what we are told the next phase will do. Bring the non-oil revenues to 45% of revenues. WOW! Folks that is almost half. But consider also they are basing this on currency oil revenue levels. As they seek to increase the oil revenues too this wealth is going to be mind-blowing if handled correctly and not stolen away (pissed away as done in the past).
In this article today the author is talking about increasing the exchange rate of the dollar not the dinar. Maybe an increase from 1320 to 1500ish. This is not good for us investors. Will Ali al-Alaq of the CBI go along with this advice from the former MP? Let’s wait and see.
WARNING / WARNING / WARNING : They are NOT talking about the RV as many intel gurus are going to jump on the bandwagon and try to convince you they are increasing the rate of the dinar and the RV is here. Aren’t you a bit sick and tired of all this hype for nothing?
Former member of the parliamentary finance committee, Abdul Hadi Mouhan, confirmed that the new government faces two paths: either external borrowing or increasing the exchange rate domestically in order to increase revenues under the current circumstances.
One thing we don’t want to see is the printing of yet more three zero notes. The CBI will soon want to collect these three zero notes and get them out of circulation. So this too is a good sign for us. It is titled “DENYING THE PRINTING OF CURRENCY, A FINANCIAL ADVISOR REASSURES THE PUBLIC ABOUT IRAQ’S CASH RESERVES.“ The financial advisor to the Council of Ministers, Mazhar Muhammad Salih, denied on Monday the circulating reports regarding the Central Bank of Iraq printing local currency outside of regulations, stressing that this process is subject to legal mechanisms and strict financial backing.
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So, do you remember this article in my last Newsletter? It was titled ‘GOVERNMENT ADVISOR: NEW FINANCIAL STRATEGY TO RAISE NON-OIL REVENUES TO 45%“. The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil.
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Next let’s see an example, a taste, of how they are now raising the revenues in the article titled “TARTUS PORT EXPORTS ITS FIRST “TRANSIT” SULFUR SHIPMENT FROM IRAQ“. On Tuesday, the port of Tartus witnessed the export of the first “transit” sulfur ship loaded with about 10,000 tons, coming from Iraq via Jordan, in a step that reflects the growing transit movement through Syrian ports. Remember they first had to transport this stuff overland in dump trucks and then to load on barges at the ports. Wait until the Iranian Hormoz blockaid is over and they can ship directly from their own port of Faw. They already have rail lines running to the port. Oh… what about the silica that is also going to come to market. Pay attention we will see news shortly about this too.
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I wanted to show you that Iraq is finally moving ahead with this long awaited oill and gas law also known as HCL in the recent article titled “THE OIL AND GAS LAW TOPS THE PARLIAMENT’S PRIORITIES; MOVES ARE UNDERWAY TO LEGISLATE IT IN THE COMING PERIOD.“ MP Qusay Abbas confirmed that the Oil, Gas and Natural Resources Law is a priority within Parliament in order to ensure its enactment in the next phase of the current legislative session of the Council.
With the arguments with the Kurds up north being limited, the legislation in parliament should be much more beneficial and able to complete the passing of the much-needed laws, and long-awaited laws to move this country along much faster. See the article titled “MP: A PACKAGE OF STALLED LAWS WILL SOON SEE THE LIGHT, INCLUDING THOSE RELATED TO THE POPULAR MOBILIZATION FORCES AND RED CARDS.“
Member of Parliament Abbas Hayal announced on Monday that a vote on a package of important and long-awaited laws and legislation is imminent, emphasizing that the coming period will witness the enactment of laws that directly impact the lives of citizens and the security establishment.
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Then again in today’s news they talk about one of the five issues namely the PMF and factions in Iraq. The article is titled “AL-ZAYDI’S GOVERNMENT: OPENS THE FILE ON FROZEN FUNDS TO INTEGRATE FACTIONS; THE DECISION RESTS WITH WASHINGTON”. From May 26, 2026. An informed source revealed on Tuesday that the government of Ali al-Zaidi intends to address Washington to release part of Iraq’s frozen funds in some international banks to cover the allocations for the elements of the factions that will be integrated into the directorates of the Popular Mobilization Forces and some security and military ministries. I question if this is what Washington actually wants. Don’t they want a disarmament? Washington certainly does not want these terrorists in government politics such as security or military ministries. Or are they not telling us everything in this article. Go read the full article in the Articles Section of today’s Newsletter.
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So, what about the 2026 budget? In the recent article titled “PARLIAMENTARY COMMITTEE: THE 2026 BUDGET WILL BEBASED ON A “HEDGING” OIL PRICE OF AROUND $60. Folks, once again I have to come and say that the budget is NOT base on the rate of the dinar. Read the article and weep all you idiot intel gurus, namely TNT Tony and many others who insist that the RV rate is in the budget tables. But again they have such reliable sources…..don’t they…lol..lol..lol..
There will not be an RV rate to the dinar in the budget tables! Instead, the budget is based on the price of oil. Read the article for yourself. I am not making this up! 😊 This will continue until the dinar is repegged to a basket of currencies and back on FOREX. Until this timeframe they will continue to use the petro-dollar which is the price of oil. Oil is the main source of revenue to fulfill the budget, get it? We are NOT going to get our RV because of the budget coming out, get it? Are you stupid of what? When the economy is diversified enough as the told us will be only 45% of total revenues to fulfill the budget will be oil based. Then they can’t use the price of oil solely anymore to budget, can they? They must then move to the rate of the dinar. But they are not there yet, get it?
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This next article I really enjoyed reading. I leaped with JOY when I read it. 😊😊😊This is what is called ‘STABILITY’. These are the kind of actions we need to see in order to get the RV. We need one national Iraq working together, north and south. It is titled “NEW UNDERSTANDINGS BETWEEN BAGHDAD AND ERBIL… AL-ZAIDI “IMPLEMENTS LONG-AWAITED KURDISH DEMANDS”. Wafa Muhammad Karim, a member of the Kurdistan Democratic Party, said on Monday (May 25, 2026) that the visit of the Prime Minister of the Kurdistan Region, Masrour Barzani, to Baghdad was very important, especially in light of the positive understandings with the government of Prime Minister Ali al-Zubaidi.
Karim told Baghdad Today that “there are many outstanding contentious issues between the governments of Baghdad and Erbil that have persisted for more than a decade and a half, but the current phase has witnessed practical steps to implement a number of demands, especially those related to the oil file and moving towards enacting the oil and gas law.” He added that “the current moves also include fixing the region’s share of the budget and keeping the issue of salaries away from political wrangling, which the Prime Minister emphasized during his recent statements.” We witnessed many times how the Kurd Mps boycotted sessions in parliament and refused to vote or sit for a vote on other very important non-related issues. We would NEVER be reading this kind of news if Nouri al-Maliki was the prime minister again.
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In reading this next bit of news, one can see that al-Zaidi is a nonsecular prime minister. He is working for all the people regardless of religious beliefs and is a caring person. He sees the value in this approach. The article is tiled. “AL-ZAYDI CALLS ON CHRISTIAN BUSINESSMEN ABROAD TO RETURN TO IRAQ“ Do you remember the Nouri al-Maliki days? I think he even hated himself…lol… lol…
Prime Minister Ali al-Zaidi called on Christian businessmen abroad on Tuesday to return to Iraq and contribute to development. His media office said in a statement received by Shafaq News Agency that Al-Zaidi today visited St. Joseph’s Church in the Mansour district of Baghdad, where he met with His Beatitude Patriarch Younan III Nona. During the visit, Al-Zaydi congratulated the Patriarch on gaining the Pope’s trust and assuming the patriarchal throne of the Chaldean Church in Iraq and the world, stressing the work to consolidate the Iraqi national fabric and enhance coexistence among its components.
SUMMARY
So, I ask again about this Economic Transformation, are these just going to be words again or is Iraq seriously going to pull this off this time? We see many of pieces put in place already during al-Sudnai’s four years. Can al-Zaidi carry the ball and continue it? Can he do a slam dunk and get us the RV? All we can do is sit back and see what they do. But I will tell you this does not look like a decade long plan to implement and can be done quickly if they get serious about it, which is sound like they are.
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Let’s keep our prayers alive. There is a deep spiritual dimension at work today bringing about this reset. I believe we are closer than ever for the dinar to get reinstated. But first things first. part of the mess in the US must be cleaned up too.. Then certain laws in Iraq must be passed. By now everyone should be fully aware of these events that caused delays in the currency reform process. This is not rocket science to understand.
What do you think will happen next? (Leave a comment)
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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!
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 the prophets: Julie Green
“The Party Of The BLUE Is Dead”
Go to the 13:31 mark in video for the prophecy. From May 22nd.
“The 2026 Midterms Will Not Be Stolen ”
Go to the 21:46 mark in video for the prophecy. From May 22nd.
“Great Judgements Are Coming Against Big Banks”
Go to the 19:13 mark in video for the prophecy. From May 23rd.
Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM
— And the Truth the World Forgot about the so-called Muslim religion. Fr.Don Bosco, also known as John Bosco, was an Italian Catholic priest and educator, born on August 16, 1815. He founded the Salesian Society in 1859 to help disadvantaged youth, particularly boys, through education and community service. His teachings emphasized lovekindness, and the importance of education for young people, making him a beloved figure in Catholicism and a patron saint of youth. Don Bosco was canonized in 1934.
TRUMP SURVIVES YET ANOTHER ASSASSINATION ATTEMPT AFTER SHOTS FIRED AT WHITE HOUSE
How many does this make now. I think its five? They really don’t want Trump to have another 2 years.
CUBAN ESCALATION. WILL THE US ATTACK CUBA?
Another Venezuelan Maduro-style kidnapping of Castro in the middle of the night…perhaps?
Why do I bring you these types of news articles? Is it just to report on the news? NO! It is because I am trying to make you understand there are other elements at work here. The prophets told us that God would start in the US first and then move out to other countries infected with this globalist ideology that makes corrupt governments. We now see what is going on in the UK, European Union, Australia, Venezuela, Cuba and Canada will rise up too.
VIDEO #1: THE HOUSE GOP ACCUSE SCHIFF OF ‘BLOCKING’ RUSSIA PROBE TRANSCRIPTS.
Why did Schiff block these transcripts from coming out 6 years ago?
It’s because he knew there was no evidence of Russian Collusion within the transcripts. It said just the opposite. This video was from 6 years ago.
Now, 6 years later what just happened this week is that these transcripts have been released. In an alarming reading of the transcript by house speaker Johnson, Schiff is finally done. See next video #2.
VIDEO #2: TIME TO PROSECUTE ‘SHIFTY’ SCHIFF AND MAYBE OBAMA TOO.
You won’t believe what Johnson just EXPOSED about Schiff’s Russia Lies — He’s DONE!
During the session, Johnson referenced a declassified intelligence briefing, raising questions about statements Schiff had previously made over and over again regarding the Trump-Russia investigation, even though there was no evidence of collusion in the briefing given to Schiff. So, why did he continue his lies?
The other question we must now ask is who told Schiff to keep this false narrative alive? Was it Obama? I think this is about to explode into a deeper investigation.
BILL TO BAN FOREIGN CITIZENS FROM RUNNING FOR CONGRESSIONAL OFFICE
Do you remember I told you that the U.S. needs desperately to vet anyone that wants to run for any office in the U.S. including the house. Maybe we can prevent a lot of what we witnessed over these past decades of many of these foreign nationals (or should I say nicely placed spies) in our government. You all know exactly who I am talking about…don’t you.
TIM WALZ AND ILHAN OMAR DESPERATELY SCRAMBLING
Two peas in the same pod…. Hey here’s an idea…lol..lol..lol. Maybe she can run for president and he could be her VP? I am only kidding of course.
THIS LIBERAL AGENDA FOR THE WORLD IS SATANIC
If I were you I would like VERY carefully what she has to say in this interview. It connects lots of dots.
JEFF BEZOS ISSUES BOLD STANCE ON INCOME TAXES
Should the bottom 50% pay no federal income taxes?
AI the 4th industrial evolution….really?
DESANTIS JUST REVEALED HIS PLAN TO KILL PROPERTY TAXES!
Will his plan work in most states? But first the towns and districts must take a hard look at how the money is being spent. Is there room to cut abuse and stupid programs? Yes, a bit of common sense will go a long way in eliminated property taxes on individual home ownership.
Oh…. does this sound familiar? Yes, this is exactly what the federal govt is now going by going into each state one-by-one and finding waste, corruption and fraud. Of course, many are going to complain since it takes money out of their funding of these woke or unnecessary abuse of programs that get them reelected rather than serving the needs of the majority of the people.
Can we follow Florida’s example in your state?
$50 TRILLION MISSING | THE US FINANCIAL COUP
Catherine Austin Fitts Exposes some staggering, mind-boggling figures of debt. Where did all this money go? This one is almost too painful to watch….
INDEPENDENCE FROM THE FEDERAL RESERVE MEANS DOWNSIZING AND EVENTUALLY NO FEDERAL RESERVE
Remember what the Federal Reserve is. It is run by the banking cartel and part of the global Central Banking system.
CAN THE FEDERAL RESERVE 50 YEAR CHARTER BE REVOKED?
Was it revoked before? The US government killed the first reserve bank in 1811 and then again in 1836. Find out why. What is coming in 2026-2028 will shake the financial industry.
THE NEXT ECONOMIC EXPLOSION IN THE US
WHY CHINA ISN’T A SUPERPOWER, AS WE MAY THINK
With Frank Dikötter.
THE DIFFERENCE BETWEEN A DEMOCRACY AND A REPUBLIC
I must first ask all my readers- is the US a democracy or a republic? If you listen carefully and understand what is said in this short video, you will then see that we are not a democrat form of government but rather a constitutional republic. This is why the Democrat party is always screaming ‘our democracy, democracy, democracy is at stake. I have news for them, we are not a ‘Democracy’. Shame on them for not knowing this simple fact. Let me explain why we don’t want a pure democracy.
However, are they just playing dumb? Do they really understand they threat that the Constitutional Republic does for their plans. They want a ‘pure democracy’ form of government, no constitution to limit them, yes to do away with the US Constitution so the mob can rule.
And just who it the mob? The mob will be the rule of law. It will be groups like rioting BLM protesters, No Kings rallies, etc. Just look at these riots, demonstrations and activists today. Do you want them determining your future?
I have created a brand-new “Post RV Workshop” page in the blog. I included my own personal tips on investing post-RV and also organizing and protecting your estate. Here is the LINK. Going forward I will only post new and exciting information and opportunities here on the Latest Newsletter as they come along. Later I will transfer it to the ‘Post RV Workshop’ page in subsequent Newsletters for your future reference.
Just so you know I absolutely DO NOT adhere to high-risk investments where you can lose it all in a flash. Look at it this way – you are going to have all this money from your dinar exchange. Then why blow it! Most of us investors waited decades for this RV to happen and so why would you even think about pissing is all away in some high-risk gamble of an investment. Yes, there are going to be scammers out there but let’s talk about legitimate investment opportunities only. These scammers can suck you dry and there is not a damned thing you can do about it.
Go to a legitimate wealth manager associated with your bank. Let the licensed experts advise you. Please, please stay away from idiots like MarkZ, TNT Tony, Bruce (on the Big Stupid Call), etc. , etc. Go to professionals. It doesn’t mean you have to follow everything they advise you but it’s a great start. Remember they too are selling investment products and get commissions.
Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.
4 PILLARS FOR THE 2026 BUDGET
The country’s fiscal policy faces a critical test in maintaining economic stability, as the parliamentary committee on oil, gas, and natural resources has outlined four key pillars aimed at protecting the 2026 budget from external shocks. This legislative initiative comes amidst a complex regional and international environment, buffeted by oil market volatility and escalating geopolitical tensions in vital waterways, placing Iraq’s financial security under exceptional challenges.
Member of the Oil Committee, MP Hawraa Aziz Al-Moussawi, said that the (2026) budget will be based on four main pillars, foremost among them setting a hedge oil price of about (60) dollars per barrel, in addition to rationalizing public spending, increasing non-oil revenues, and reducing dependence on oil as a main source of budget financing.
In her interview with Al-Sabah, she indicated that there are discussions within the committee regarding ways to reduce the financial deficit in light of declining global expectations for oil prices, warning that any change in the prices of oil derivatives may gradually affect the living conditions of citizens.
In the same vein, Dr. Ali Al-Azirjawi, a member of the State of Law Coalition, called for the adoption of an emergency plan similar to the Food Security Law should the 2026 budget not be approved within the constitutional timeframe. He explained that the current circumstances necessitate exceptional measures to ensure the continued and organized functioning of state institutions. He added that Iraq faces economic challenges related to the size of its internal and external debt, in addition to regional tensions that further complicate the overall financial situation.
For his part, economic researcher Bassam Raad considered setting a hedging oil price of (60) dollars per barrel a proactive step aimed at controlling public spending and avoiding the exacerbation of internal debt, but he pointed out that these data may not be sufficient to bridge the gap between revenues and actual expenditures, in light of the continued pressures on the general budget.
For his part, economist Nabil Al-Marsoumi suggested the possibility of postponing the (2026) budget to the year (2027), attributing this to the lack of time, the turmoil in the oil markets, and the fluctuation in export quantities, especially in light of the repercussions of the Strait of Hormuz crisis.
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GOVERNMENT ADVISOR: THE DOLLAR IS THE BASIS OF IRAQ’S CASH RESERVES.
On Tuesday, Mazhar Mohammed Saleh, the financial advisor to the Iraqi Prime Minister, stated that diversifying Iraq’s foreign reserves within a balanced investment portfolio represents a strategic monetary policy aimed at enhancing financial stability and reducing the risks associated with relying on a single asset or currency.
Saleh told Shafaq News Agency that the management of foreign reserves at the Central Bank of Iraq is based on liquidity, security and return standards, explaining that the philosophy of managing reserves is based on achieving a balance between protecting the value of the national currency and ensuring the ability to intervene in the exchange market and finance foreign trade, in addition to reducing sovereign and financial risks resulting from global market fluctuations and geopolitical tensions.
He explained that Iraq, as an economy heavily dependent on oil revenues and foreign imports, keeps the US dollar as a key component of its foreign reserves due to its direct link to foreign trade, noting that the diversification policy also includes other currencies and assets such as the euro, yuan, and gold to enhance flexibility and reduce the risks of monetary concentration.
He added that the distribution of reserves is not limited to foreign currencies, but includes multiple investment instruments such as treasury bonds and sovereign deposits, explaining that the goal is not to achieve high profits as much as it focuses on maintaining security and liquidity while achieving an acceptable return.
He explained that gold is an important component of reserves within global diversification standards, as it provides a safe cover in times of turmoil, but it is not a complete substitute for the rest of the foreign assets because it does not generate a direct return and the costs of storing and securing it are high.
He stressed that the sound management of foreign reserves aims to achieve a balance between exchange rate stability, protecting the national economy, and reducing exposure to international market fluctuations, through building a balanced investment portfolio that provides liquidity, security, and an appropriate return.
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TOPPED BY THE SALARY SCALE: PARLIAMENTARY PRESSURE TO PASS 4 VITAL LAWS
MP Ali al-Daraji revealed on Monday that there is intense parliamentary activity and pressure being exerted within the House of Representatives to pass and amend a package of stalled strategic laws, most notably the law amending the salary scale and the military service law.
Al-Daraji told the Information Agency that “a group of members of parliament are leading a broad movement to pressure for the amendment and passage of four key laws that affect various segments of society.”
He added that “the laws targeted by this movement include amending the employee salary scale, the military service law, the retirement law, and the law on the rights of martyrs,” noting that “parliament is determined to continue the pressure to ensure these amendments are made in a way that guarantees social justice and fairness for the groups covered by them.”
It is worth mentioning that MP Abbas Hayal announced earlier that a vote on a package of important laws and legislation that has been languishing in parliament for a long time is imminent, stressing that the coming period will witness the enactment of laws that affect the lives of citizens and the security establishment.
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THE OIL AND GAS LAW TOPS THE PARLIAMENT’S PRIORITIES; MOVES ARE UNDERWAY TO LEGISLATE IT IN THE COMING PERIOD.
MP Qusay Abbas confirmed that the Oil, Gas and Natural Resources Law is a priority within Parliament in order to ensure its enactment in the next phase of the current legislative session of the Council.
Abbas told Al-Maalomah, “There is a priority for laws that have been pending for a long time without legislation, such as the oil and gas law, which is considered one of the laws that most need legislation in the current parliamentary session.”
He added that “this law has not been passed despite the succession of parliamentary sessions, and therefore it has priority in being passed during the next stage of the House of Representatives, in addition to the existence of other laws that need legislation.”
He explained that “other laws related to human rights, currently within the relevant committee, also require legislation in the next phase, in addition to many other laws too numerous to count precisely,” noting “a parliamentary will to enact laws that have been pending for a long time and have been carried over from previous sessions.”
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MP: A PACKAGE OF STALLED LAWS WILL SOON SEE THE LIGHT, INCLUDING THOSE RELATED TO THE POPULAR MOBILIZATION FORCES AND RED CARDS.
Member of Parliament Abbas Hayal announced on Monday that a vote on a package of important and long-awaited laws and legislation is imminent, emphasizing that the coming period will witness the enactment of laws that directly impact the lives of citizens and the security establishment.
Hayal told the Information Agency that “Parliament intends to intensify its legislative role on strategic laws that have been stalled for years, most notably the law concerning holders of red cards and the communications and information technology law.”
He added that “the new amendments to the traffic law and the Popular Mobilization Forces law will be among the top priorities that will soon be enacted,” noting that “the relevant parliamentary committees have made significant progress in finalizing and drafting these laws in a way that aligns with the public interest.”
Hayal continued, “The current stage requires political consensus to pass these laws, setting aside political disputes, as they represent a fundamental pillar for regulating the work of state institutions and ensuring justice for broad segments of the Iraqi people.”
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DENYING THE PRINTING OF CURRENCY, A FINANCIAL ADVISOR REASSURES THE PUBLIC ABOUT IRAQ’S CASH RESERVES.
The financial advisor to the Council of Ministers, Mazhar Muhammad Salih, denied on Monday the circulating reports regarding the Central Bank of Iraq printing local currency outside of regulations, stressing that this process is subject to legal mechanisms and strict financial backing.
Salih told the Information Agency, “The talk circulating among the Iraqi public about the Central Bank printing local currency is completely unfounded,” explaining that “the currency printing process is governed by two legal mechanisms: the first depends on the actual market need, and the second is to address any shortage of cash liquidity.“
He clarified that “these two operations cannot be carried out without full backing in hard foreign currencies and gold,” noting that “the function of the Central Bank’s reserves is to maintain the stability of the exchange rate, and the current reserves are in very good condition and have never been withdrawn.”
In another context, Saleh revealed the fate of the budget, emphasizing that “preparing a budget for the remainder of this year is contingent upon halting the war of aggression against the Islamic Republic of Iran.” He noted that “if the war were to cease immediately, the government would be able to prepare an exceptional or indicative budget for the remaining months.”
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NEW UNDERSTANDINGS BETWEEN BAGHDAD AND ERBIL… AL-ZAIDI “IMPLEMENTS LONG-AWAITED KURDISH DEMANDS”
Wafa Muhammad Karim, a member of the Kurdistan Democratic Party, said on Monday (May 25, 2026) that the visit of the Prime Minister of the Kurdistan Region, Masrour Barzani, to Baghdad was very important, especially in light of the positive understandings with the government of Prime Minister Ali al-Zubaidi.
Karim told Baghdad Today that “there are many outstanding contentious issues between the governments of Baghdad and Erbil that have persisted for more than a decade and a half, but the current phase has witnessed practical steps to implement a number of demands, especially those related to the oil file and moving towards enacting the oil and gas law.”
He added that “the current moves also include fixing the region’s share of the budget and keeping the issue of salaries away from political wrangling, which the Prime Minister emphasized during his recent statements.”
He explained that there is “full support for the government of Ali al-Zaidi as long as it continues to implement the constitutional demands that he had previously emphasized during his visit to Erbil,” indicating that the agreements related to the oil file, the “Sycoda” customs system, and the state’s revenue shares, in addition to the return of oil companies to work in the Kurdistan Region, all need broad political and parliamentary support.
Karim pointed out that implementing Article 140 and guaranteeing the region’s share of the budget are an essential part of the ongoing understandings between the two sides.
He explained that Masrour Barzani held meetings with a number of political leaders from the Sunni and Shiite components, with the aim of rallying political and parliamentary support for the agreement concluded between the governments of Baghdad and Erbil.
He added that the regional government also submitted a proposal to Baghdad regarding the lighting project and support for electricity in Baghdad and other governorates, in addition to the governorates of the Kurdistan Region, noting that the Minister of Electricity was present during these moves.
He stressed that “the current indicators are very good,” noting that Masrour Barzani expressed his optimism about the new government, and considered that “the positive points in the relationship between Baghdad and Erbil have become more than the points of contention.”
Relations between the federal government in Baghdad and the Kurdistan Region have been marked for years by multiple contentious issues related to oil, gas, the budget, the salaries of the region’s employees, as well as the management of border crossings and the implementation of Article 140 concerning the disputed territories.
During the last phase, political calls intensified for finding lasting understandings between the two sides, given the need to strengthen political and economic stability, especially with the continued financial, energy and services challenges in Iraq.
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GOVERNMENT ADVISOR: THE DOLLAR IS THE BASIS OF IRAQ’S CASH RESERVES.
On Tuesday, Mazhar Mohammed Saleh, the financial advisor to the Iraqi Prime Minister, stated that diversifying Iraq’s foreign reserves within a balanced investment portfolio represents a strategic monetary policy aimed at enhancing financial stability and reducing the risks associated with relying on a single asset or currency.
Saleh told Shafaq News Agency that the management of foreign reserves at the Central Bank of Iraq is based on liquidity, security and return standards, explaining that the philosophy of managing reserves is based on achieving a balance between protecting the value of the national currency and ensuring the ability to intervene in the exchange market and finance foreign trade, in addition to reducing sovereign and financial risks resulting from global market fluctuations and geopolitical tensions.
He explained that Iraq, as an economy heavily dependent on oil revenues and foreign imports, keeps the US dollar as a key component of its foreign reserves due to its direct link to foreign trade, noting that the diversification policy also includes other currencies and assets such as the euro, yuan, and gold to enhance flexibility and reduce the risks of monetary concentration.
He added that the distribution of reserves is not limited to foreign currencies, but includes multiple investment instruments such as treasury bonds and sovereign deposits, explaining that the goal is not to achieve high profits as much as it focuses on maintaining security and liquidity while achieving an acceptable return.
He explained that gold is an important component of reserves within global diversification standards, as it provides a safe cover in times of turmoil, but it is not a complete substitute for the rest of the foreign assets because it does not generate a direct return and the costs of storing and securing it are high.
He stressed that the sound management of foreign reserves aims to achieve a balance between exchange rate stability, protecting the national economy, and reducing exposure to international market fluctuations, through building a balanced investment portfolio that provides liquidity, security, and an appropriate return.
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PARLIAMENTARY COMMITTEE: THE 2026 BUDGET WILL BEBASED ON A “HEDGING” OIL PRICE OF AROUND $60.
(Mnt Goat: Folks, once again I have to come and say that the budget is NOT base on the rate of the dinar. Read the article and weep all you idiot intel gurus, namely TNT Tony and many others. There will not be an RV rate to the dinar in the budget. Instead, the budget is based on the price of oil. Read the article yourself. I am not making this up! 😊 This will continue until the dinar is repegged to a basket of currencies and back on FOREX. Until this timeframe they will continue to use the petro-dollar which is the price of oil. Oil is the main source of revenue to fulfill the budget, get it? We are NOT going to get our RV because of the budget coming out, get it? Are you stupid of what? When the economy is diversified enough as the told us will be only 45% of total revenues to fulfill the budget will be oil based. Then the can’t use the price of oil solely anymore to budget, can they? They must then move to the rate of the dinar. But they are not there yet.)
The Oil, Gas and Natural Resources Committee of the House of Representatives identified 4 features of this year’s budget.
According to the official newspaper, committee member Hawraa Aziz Al-Moussawi said, “This year’s budget will probably be based on adopting a lower (hedging) oil price in the 2026 budget, reaching about $60 per barrel, rationalizing spending, increasing non-oil revenues, and reducing complete dependence on oil.”
She explained, “There are discussions related to trying to reduce the financial deficit with the decline in global oil price expectations, because any increase in the price of oil supplied to local refineries may gradually affect the citizen.”
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AL-ZAYDI’S GOVERNMENT: OPENS THE FILE ON FROZEN FUNDS TO INTEGRATE FACTIONS; THE DECISION RESTS WITH WASHINGTON.
May 26, 2026 – 11:43 PM
An informed source revealed on Tuesday that the government of Ali al-Zaidi intends to address Washington to release part of Iraq’s frozen funds in some international banks to cover the allocations for the elements of the factions that will be integrated into the directorates of the Popular Mobilization Forces and some security and military ministries.
According to the source, who spoke to Shafaq News Agency, integrating the members of the armed factions who agreed to hand over their weapons to the government and join the government institution requires large financial allocations compared to their numbers, which exceed 800,000 people.
The source explained that most factions agreed to hand over weapons, with the exception of the Al-Nujaba Movement and the Sayyid al-Shuhada Brigades.
According to the source, the issue of releasing frozen funds does not only include funds in Washington banks, but also in some European countries. If Washington agrees to Iraq’s request, the remaining banks in other countries will certainly agree to release the frozen Iraqi funds.
According to the source, significant changes will affect the Popular Mobilization Forces after the completion of the process of integrating the factions’ elements and sorting its directorates according to the approved structure of the institution, the most important of which is replacing the head of the body with an alternative candidate, “Ali Mayah Al-Zaydi”, in the event that “Abu Fadak” is not approved as a replacement for Al-Fayyad.
The source concluded that “meetings between the leaders of the coordination framework are continuing to resolve the issue of armed factions outside the official state framework.”
Recently, disagreements have escalated within the Coordination Framework forces regarding the American proposal to disarm the factions and dissolve or integrate the Popular Mobilization Forces.
An informed government source had previously revealed that some political forces and armed factions had shown “flexibility” regarding the issue of restricting weapons to the state, after having been rigid on this matter, indicating that the process of handing over weapons would be within a specific timeframe.
Prior to that, an informed source had revealed to Shafaq News Agency on May 9 that the Coordination Framework had agreed with Prime Minister-designate Ali al-Zaidi to form a committee tasked with disarming armed factions, coinciding with the call made by the leader of the Sadrist movement, Muqtada al-Sadr.
On May 15, Nazim al-Saidi, head of the executive council of the al-Nujaba Movement, one of the most prominent armed factions, confirmed that the “weapons control” clause included in the new government’s program does not include “resistance weapons” but rather those that cause “chaos.”
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AL-ZAYDI CALLS ON CHRISTIAN BUSINESSMEN ABROAD TO RETURN TO IRAQ
Prime Minister Ali al-Zaidi called on Christian businessmen abroad on Tuesday to return to Iraq and contribute to development.
His media office said in a statement received by Shafaq News Agency that Al-Zaidi today visited St. Joseph’s Church in the Mansour district of Baghdad, where he met with His Beatitude Patriarch Younan III Nona. During the visit, Al-Zaydi congratulated the Patriarch on gaining the Pope’s trust and assuming the patriarchal throne of the Chaldean Church in Iraq and the world, stressing the work to consolidate the Iraqi national fabric and enhance coexistence among its components.
Al-Zaydi stressed that Christians are an integral component of the Iraqi people, calling on businessmen from this community residing abroad to return to Iraq and contribute to economic, development and construction projects. For his part, the Patriarch congratulated Al-Zaidi on gaining the confidence of the House of Representatives and forming the government, wishing him success in performing his duties.
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PRIME MINISTER’S ADVISOR: IRAQ IS ON THE VERGE OF MAJOR ECONOMIC CHANGES UNDER THE GUIDANCE OF AL-ZAIDI
The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed on Wednesday (May 27, 2026) that Iraq is going through an important transitional phase at the economic level, noting that the directives of Prime Minister Ali al-Zaidi have brought about a shift in the philosophy of managing the state’s financial and economic affairs, which paves the way for broad transformations during the coming period.
Saleh said in a statement followed by “Baghdad Today” that “Al-Zidi assigned the Minister of Finance the duties of Deputy Chairman of the Ministerial Council for the Economy, which is a measure that reflects the philosophy of the modern state that sees the Ministry of Finance as a sovereign institution concerned with planning the economic future, and not just an entity for distributing salaries.”
He pointed out that “Iraq is about to undergo broad changes in its economic structure,” noting that “the Prime Minister has asked the Ministry of Finance to prepare a long-term plan and move from the role of treasurer to a ministry that leads the reform of the philosophy of the economic system and creates a balanced partnership between the state and the market, within the framework of Iraq Vision 2035.”
Saleh explained that “the Ministerial Council for the Economy has become the main engine for economic policies, and that it will lead the next phase by transforming temporary solutions into sustainable institutional work aimed at reforming the structure of the national economy.”
He also explained that “implementation includes comprehensive oversight extending from the Financial Control Bureau to ministries such as industry and agriculture, reaching the oversight of financial markets,” stressing that “the citizen is the primary goal of development programs and improving the standard of living.”
In the same context, Saleh stressed that “the Central Bank of Iraq is independent in its work, but it coordinates within the Ministerial Council for the Economy, which is headed by the Ministry of Finance,” explaining that “there is a Council for Economic, Monetary and Financial Stability in which all essential economic files are presented.”
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TARTUS PORT EXPORTS ITS FIRST “TRANSIT” SULFUR SHIPMENT FROM IRAQ
On Tuesday, the port of Tartus witnessed the export of the first “transit”sulfur ship loaded with about 10,000 tons, coming from Iraq via Jordan, in a step that reflects the growing transit movement through Syrian ports.
The port authority stated in a statement followed by Al-Sa’a Network that “this shipment is the first of its kind for Iraqi sulfur to arrive via Jordan at the port of Tartus in preparation for exporting it by sea, which demonstrates the growing confidence in the port as a pivotal logistics center on the Mediterranean.”
The statement added that “the total quantity planned for export through the port is about one million tons, which will contribute to enhancing trade activity and regional transit traffic during the coming period.”
(Mnt Goat: Iraq’s oil and gas resources have one of the highest quality types of sulfur. Most sulfur production in Iraq is in the form of lumps and has a good amount of granules. We are one of the largest exporters of this product, which we can supply to you in the form of jumbo bags, containers and bulk ships.)
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FORMER MP: THE GOVERNMENT FACES TWO PATHS: BORROWING OR RAISING THE EXCHANGE RATE.
(Mnt Goat: They are talking about increasing the exchange rate of the dollar not the dinar. Increase it from 1320 to 1500ish. This is not good for us. Will the CBI go along with this? Let’s wait and see. WARNING: they are NOT talking about the RV as many intel gurus are going to jump on the bandwagon and try to convince you they are increasing the rate of the dinar. However they can RV and this may put pressure on the CBI do it.)
Former member of the parliamentary finance committee, Abdul Hadi Mouhan, confirmed that the new government faces two paths: either external borrowing or increasing the exchange rate domestically in order to increase revenues under the current circumstances.
Mohan told Al-Maalomah, “There are two paths for the new government led by Ali Al-Zidi to ensure the securing of expenses, especially operational ones, by moving towards external borrowing, which is the most dangerous path that Iraq will face if it goes in this direction.”
He added that “the second path that the government may resort to in order to increase its revenues is to go towards raising the exchange rate, which is the least dangerous path compared to going towards external borrowing, which is a double-edged sword for Iraq.”
He indicated that “the government will most likely move towards raising the exchange rate in the upcoming budget in order to address the existing inflation and the deficit in the federal budget, and to ensure that the economic situation does not collapse.”
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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!
Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.
Auf Wiedersehen
Much love to ya all,
Mnt Goat
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p
This handout satellite image taken by 2026 Planet Labs PBC shows damage at the military harbour in Iran’s southern port of Bandar Abbas along the Strait of Hormuz on March 4, 2026. (Photo by 2026 Planet Labs PBC / AFP)
Iraqi Prime Minister-designate Ali al-Zaidi. Photo: PM Media Office
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