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:

January 1, 2026 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. There is going to be a battle whether it be military fighting or economic pressure, but the Iranian militia will NOT stay in Iraq and control Iraq.

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 addressing the Iranian militia in Iraq. The RV will not happen as long as Iraq is a proxy state of Iran.

 Let’s all try to chip in!

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2 Corinthians 9:9

“He scattered abroad, he gave to the poor, His righteousness endures forever.”

STATUS OF THE RV

About your RV champagne. If I were you, I would drink your champagne to celebrate the new year. You can always get another bottle once we sort out this mess in Iraq between Washington and Iran.

I sincerely wish everyone a Happy New Year 2026.

What will this new year bring?

• Let it be a year of more EXPOSURE of corruption and just as important, ACCOUNTABLITY for those involved. God says JUSTICE will triumph.  

• Let it bring a truly sovereign Iraq, United States and all other nations who embrace freedom, liberty and justice.

• Let it bring the great Wealth Transfer, with Happiness, Abundance and Prosperity.

In today’s prophecies by Julie Green I am amazed once again at what God is telling us to expect for 2026. Well…. to be honest, I am not surprised, just amazed, because I know God’s Hand is working in both the U.S., Iraq and in many other countries. We see the changes every day.

Julie tells us today that “The Great Exodus Wealth Transfer Is Coming”, a prophecy from Dec 27^th. Click here for LINK to watch it. Yes, our RV is part of the transfer and there are still elements that do not want us to have it. If you go back to the great exodus from Egypt comparisons can be made to what we are now experiencing in modern times. It is almost weird in a sense. Many of the Israelites simply gave up hope and took up satanic-like worship instead of following God’s path to the promise land of Israel. They had to wonder around in the desert for 40 years before God gave them what was promised. We need to not give up and follow the path that God is laying out for us. Oh… it’s over twenty years already for our RV. I certainly hope God does not plan to make us wait forty years….lol.. lol.. lol.. Yes, there has been discouragement, and I can’t say it has ended. I can honestly say I too am discouraged at what is taking place in Iraq. But we must concentrate on what we want and not what we are seeing. We must focus and pray for it.     

In fact, the entire middle east is going to change, just wait for it. Already we see Iran on the brink of a regime change. I thought I would never see this for years to come… but here it is now just as the God told the prophets it would.

Yesterday I had my call to Iraq, and so today I want to share what is going to happen in terms of our RV. As you may recall my contact in the CBI is on the committee responsible for orchestrating the Project to Delete the Zeros. I was told this project was supposed to kick off on Dec 29^th and was stalled. This past weekend Iraq even aired videos about the swap out and the CBI was expected to update their official web site with explanations of the swap out and descriptions of the newer lower denominations.

☹In this article we find why the RV was stalled. It is titled “SOURCES CLOSE TO THE WHITE HOUSE: TRUMP’S ENVOY NOW HAS A CLEAR PLAN FOR THE PRIORITIES OF DIALOGUE WITH THE NEW IRAQI GOVERNMENT.” It this news we find out that a number of Iraqi Shiite factions announced their willingness to relinquish their weapons and place their arms and personnel under the authority of the central security forces in Baghdad. This was all wonderful news for us. But here is the bad news à However, the process is not yet complete, due to the refusal of at least two factions and several Shiite elements to accept the new reality and not lay down their arms.

I know, I know this is a disappointment and I too share it along with you. I was told we can expect an article in the news from the CBI soon on this topic of postponement.

We all know that Iraq needs STABILITY and SECURITY. Iraq seemingly has had the highest levels 2025 of both since 2003. We read many articles on this as evidence. We did not witness any bombings and Iraq kept out of the Israeli vs Iran conflict too. We witnessed the reforms and then articles telling us Iraq was ready to move to the next stage of which was the last remaining steps of full globalization and partnerships with many countries around the world.

However, don’t be too disappointed that things are stalled as I am hearing from the CBI that this all may still work out and has to work out somehow. Iraq is ready for this next move to international status and Iran is certainly now going to prevent it. Does this mean the CBI will go ahead even in the midst of these militias and Iranian influence. No, I did not say this. These Iranian influences must first be squashed and neutralized. You may ask what is holding up the RV this time. So, lets review and get into even more details.  

☹We learned that a few of the militia factions residing in Iraq refused to lay down their arms when mandates came from the U.S. to do so. To make the situation even worst the Iranian militia members were on the ballot in many provinces and won their elections. Where the elections rigged? It would not surprise me. They were recently sworn in to parliament, again in disregard to U.S. objections. There is a very good article today on the militia’s response to these U.S. mandates concerning them and what the U.S. might do next if they do not cooperate. It is titled “TRUMP’S FORTUNE TELLER PROMISES IRAQIS “DAYS THEY HAVE NEVER SEEN BEFORE,” AND THE FACTIONS RESPOND FROM PARLIAMENT: “WELCOME TO DEATH!”. Please go read it …. If this is not satanic, I don’t know what is!

As the Iraqi parliament held its first session, electing a deputy speaker affiliated with the factions, Washington was simultaneously outlining an unprecedented punitive strategy. Yes, they boldly really did this in defiance of the U.S. and Iraqi’s own constitution. Former Trump advisor Gabriel Souma, described as an “expert on the inner workings of the White House and Trump’s policies, “went so far as to warn of a potential moment when Iraqis might find themselves buying the equivalent of one dollar for “five bags” of Iraqi dinars.”  Yes, it’s not going to be pretty for Iraq.

So here is the problem as it evolves. Post election we find there is yet even more Iranian militia men appointed into the Iraqi parliament in disregard to their constitutional requirements for any member. There is also the mandate by the US government to have none in the government. Between this catastrophic scenario and a parliament, where a member of Kataib Hezbollah declared his “loyalty to the Popular Mobilization Forces” (thus Iran and not to Iraq) vowed to pass the PMF law despite Washington’s opposition. Do you remember this law from months ago? Let’s review it.

The U.S. pressured the existing parliament at that time, not to take up this law to a vote. At this time, it was shelved. The tension relaxed. So now these militias, after the election, have strongly infiltrated the parliament as a result of the November election and hope to pressure parliament to take up this bill again and pass it, thus making these militia legal throughout Iraq. This new bill would also fund these organizations. This would solidify the Iraq as a proxy state of Iranian just as Iran has done to Lebanon and Syria and just when Iran so desperately needs the funds. Keep in the back of your mind that the U.S. just recently declared these militias as terrorist organizations and are now on the global terrorist list.

So, Iraq appears to be heading toward a difficult test: an economy beholden to the dollar and a legislative body openly defying American demands. Do you think the U.S. is going to allow the dinar to be reinstated under these conditions? Just asking……

Gabriel Souma, a political commentator but not merely a political commentator; has long been presented as a professor of international law and an expert on Middle Eastern affairs. He has spoken on this subject matter of the militia in Iraq and what the US might do next. Today he speaks today in such definitive terms about “unprecedented measures” that Iraq will face if Mark Savaya fails to implement Trump’s demands in Baghdad, he is reflecting the prevailing mood within the president’s inner circle much more than offering a cold, academic analysis. This may become reality soon.

I guess our Christmas dream did not happen on the original targeted plan of the CBI. Remember that the GOI always seems to be playing catch-up to the CBI. We must continue to pray. Miracles do happen every day and so this saga with Iran is not yet over. If you go to my Political Section today in the Newsletter you can access many videos on just what is really happening in Iran right now. It is not a pretty situation and most likely a regime change is coming VERY SOON. This news is filtered by the mainstream channels and is not broadcasted much in the US, if at all.

We must ask how this will change the dynamics and attitudes of the Iranian militia within Iraq, if Iran should fall. This could be devastating for these militias and they very well could just collapse overnight and decide to cooperate with the US mandate. Once the militia are neutralized, there is less chance of terrorist repercussions from them if parliament then decides to pass a law banning foreigners from participating in the Iraqi government, then make it retroactive. This would cause the parliamentary elections to be re-run in many of the provinces. There must be stricter laws regarding who can serve in the parliament. It is much to loose and this is part of the current problem.

☹Please reference the recent article titled “MP: THE CURRENT PARLIAMENT WILL ENACT IMPORTANT LAWS, MOST NOTABLY THE ONE CONCERNING THE POPULAR MOBILIZATION FORCES”. MP Hassan Shaker confirmed on Thursday that the upcoming period will witness the passage of a number of important laws within the Council of Representatives, foremost among them the Popular Mobilization Forces (PMF) Law, noting that these laws represent a top priority for the new parliament.  

This does not look good for relations between Washington vs Iraq. Who will win in the final analysis? This was one of those WOW! moments for me when I read it.

But as I said this could all change drastically and very fast in the next month or so. Also remember we are not yet out of the proverbial ‘doghouse’ until the budget is passed and they open it to spend it. The Oil and Gas law is also another constitutional issue that needs to be fulfilled. There is a promise this will also be taken up quickly by the new parliament. The CBI can still execute the needed currency reforms prior to the budget opening, and so I am told there is still a high likelihood they will move ahead with removing the zeros and then a restatement but only if these Iranian issues can stabilize.

😊Knowing all this let me explain that Trump’s envoy is due to Iraq soon and he already outlines expectations from the Whitehouse in his letter to Iraq prior to his visit. Take a look at the article titled “TRUMP’S ENVOY BEGINS 2026 WITH A STRONG MESSAGE TO THOSE WHO “WROUGHT HAVOC IN IRAQ”: YOUR TIME IS UP. HE OUTLINED A LIST OF 18 OBJECTIVES.”

Mark Savaya, US President Donald Trump’s envoy to Iraq, sent a congratulatory message to the Iraqi people on the occasion of welcoming the year 2026. In his message, he expressed his hope that 2026 will be the year of the end of instability, the plundering of the country’s wealth, poor services, uncontrolled weapons, smuggling, unemployment, militias, money laundering, corruption, poverty, foreign interference, and all other manifestations of injustice and circumvention of the law.

Here is what I call the Savaya manifesto for Iraq from the Whitehouse:

He added that this message is directed “to those who have spread corruption in the land of Iraq,” stressing that “your time is over and the time of Iraq and the Iraqis has begun,” and emphasizing that Iraq will remain a flag raised high and a source of pride for all its people.

Savaya concluded his message by saying, “We are still at the beginning.

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So, now let’s engage the articles further and see how they play out in what I have just told you. This is their words not mine, No rumors, No hype and No opinions. Just the FACTS!   

Another recent article titled “PARLIAMENTARY DIVISION PRECEDES SWEARING-IN SESSION; VOTE ON PARLIAMENTARY SPEAKER ENTERS A PHASE OF CONTROVERSY.” A parliamentary source revealed on Monday that there is a clear division within the Iraqi parliament, ahead of the swearing-in session, regarding the election of the parliament’s leadership. Oh boy, oh boy this one is really going against the US Whitehouse and the Iraqi constitution. Pay attention to what just happened….

The source told Shafaq News Agency that “a number of MPs from political blocs, especially within the coordination framework, do not intend to abide by the directives of the heads of blocs and parties regarding voting on the candidates for Speaker of Parliament and his deputies, which threatens an undisciplined vote during the session.”

See article titled “THE HOUSE OF REPRESENTATIVES ELECTS HEBAT AL-HALBOUSI AS ITS SPEAKER.” The voting process to elect the Speaker of the House of Representatives has concluded yesterday, Monday. Halbousi is an Iranian filtered in by the militia. He is a member of the Iranian Kud forces. Just so you know. Do you see the conflict here? The problem here?

So, in Iraq we are seeing the same kind of rigging of elections and the placement of officials in office to influence the direction of the country to a deep-rooted Iranian proxy. We witnessed this too in the U.S. and so obvious now in the Mamdani election results as mayor of NYC. They want our countries! This fake façade of democracy is being exposed and will continue. Remember that a country cannot survive on a democratic form of government. The U.S. along with Iraq are constitutional republics not democracies. They rely on democratic principles only to elect governing bodies and its procedures. These bodies must abide by the constitution not whatever the people want or these elected officials want. They don’t get to decide, get it? We only need to go so far as to see Ihan Omar and Rashid Talib as examples and how they think about mass immigration and how they represent their districts. They really do not understand how it all should work.  

Here is the most important part of what we see taking place today:

The fate of a country in a constitutional republic has already been decided by its founding fathers, and for a very good reason. They use history lessons learned from the past. They learned that straight, full-blown democracies don’t work and never have. These so-called democracies only lead to social communism Marxism, which always leads to dictatorships and a concentration of all the power in the hands of a few at the very top. Since they have power at the top, a concentration of wealth flows in the same direction. Thus, the people do not have access to the top unless they are just as corrupt and fight for it. Folks, it’s proven human nature. There is no such thing as a utopian, perfect society.

So you are only fooling yourself and doing yourself a great injustice if you think democracy is the answer to all our political problems. Just see what is now going on in Iraq as a very good example. They have stepped away from the 2005 founding constitution for their new republic. Just look at how Iran is able to so easily manipulate them because of it. They has massive voter fraud in this last election. Did the news media even cover it? Will they stand firm to their constitution? The Trump administration is about to give them a lesson!  

This is because of the ‘vunerability’ of a purist democracy as it is subject to lies, manipulation and fraud to get in power and stay in power. They tell the people only what they want to hear. They involve emotions and fear. There are no checks and balances. Whatever the majority wants they get.

But who decides these issues and who manipulates the people’s vote to give the essence of a fair election. The end result is exactly the opposite of what the people actually aspired and thought they were going to get when they kept hearing the term ‘democracy’ from the candidates. I can’t even list over the last hundreds of years how this has proven true in so many countries. They always resort to these same tactics to gain power.  

We see the democrats today always shouting about our democracy in jeopardy. Really? But really, if they did care, which they don’t, they would be shouting instead about the real abuses of our Constitutional Republic. And don’t get me wrong in that there are also still many republican rhinos too that are either ignorant, as to how our should actually government work, or they know and have another agenda in mind.  

😊I would encourage everyone to please read the recent article titled “9 ECONOMIC BENEFITS OF STATE-CONTROLLED WEAPONS – EXPERT AL-HASHEMI (AND THESE BENEFITS CAN INCREASE)” What is so important about this news? Even I did not realize all the important factors involved and the effect these Iranian militias had on holding back the economy. Seems every aspect was impacted. One item that really struck me was and I quote – “Restoring Iraqi sovereignty by eliminating loose weapons will yield significant economic gains, freeing Iraq from the grip of uncontrolled arms dealers and elevating its standing among truly sovereign nations.” I kind of already knew this but it was so nice to see it in writing and coming from Iraq. I can see that Iraq is now growing up. This is exactly what we needed to see regarding the neutralization of these foreign militias.

I don’t want to paint a picture that is too rosy yet. As we learned a number of Iraqi Shiite factions announced their willingness to relinquish their weapons and place their arms and personnel under the authority of the central security forces in Baghdad. However, the process is not yet complete, due to the refusal of at least two factions and several Shiite elements to accept the new reality. Yes, we are not yet out of the proverbial doghouse yet! ☹ I believe the trip in early January 2026 by Mark Savaya will solidify the end to the militias in Iraq as we know them today.

😊 You might also want to read the recent article titled “THE DREAM OF REVOLUTIONARY CHANGE IN IRAQ (About the PMF)” while we are on this subject matter. This is going to be much more than a dream but a reality soon.

If you are unsure of the election process, please go read the recent article titled “MONDAY’S PARLIAMENT: THE “KEY” TO THE THREE PRESIDENCIES AND THE GATEWAY TO DRAWING THE MAP OF POWER IN IRAQ”. Remember that this is not our first rodeo for the elections. But for you newbies, this explains the next steps now that the speaker is assigned.

What I liked about it is we are seeing the mantra changing and changing rapidly about the elimination of the loose weapons of the groups of militias in Iraq. This new mantra is now spreading and politicians alike are also beginning to realize there is much more benefit to gain from a new era occurring in Iraq if it is to realize its greatness in the middle east. I especially liked the part of the heading that read “From a crisis economy to a planning economy”. Also remember this is all getting the “Trump Touch”. Folks this is finally all coming together for Iraq; however, my contact warned me that there is still the new prime minister to be announced and government formed. Yesterday the new speaker of parliament was sworn in and now he has to swear in the new members of parliament. I can’t imagine Iraq without al-Sudani for the next four (4) years. Can you? Will they make it to the target of early January for an RV? I doubt it, but then again when Iraq really, really wants things to move along it does. I also firmly believe that they will need to pass the Oil and Gas law in the new parliament. Like I said before I do not believe this will stop the reinstatement but would help to have it done. My take on all this is to get it all done, while they have a nice level of stability before yet another crisis sets in…. lol… lol… lol…

With the elimination of the loose weapons of the groups and their economic offices, the phenomenon of dollar smuggling, money laundering, and support for sanctioned entities and countries will end, and the Central Bank of Iraq and the government will be able to restrict and reduce these operations to the lowest level, thus preserving national wealth from being lost.

Any incoming prime minister must realize that the success of his government depends on getting rid of loose armed groups and not allowing them to roam with their weapons around his government ministries.

Yes, sometimes our choo-choo train is moving down the tracks, picking up momentum, then slowing down, then moving again. There are also stops along the way, some we want and some we don’t. But the path is clear and the train will arrive at the end of the tracks, which is FOREX. 😊  

Lastly while on this topic, the article titled “TRUMP IS TURNING THE MIDDLE EAST EQUATION UPSIDE DOWN: IRAQ FROM A BATTLEFIELD TO THE GATEWAY TO AN AMERICAN CONTRACTING EMPIRE.” This news gives us a very rational picture of what the new Trump foreign policy towards Iraq is today. Does it surprise you, after all he was a business man. Maybe Trump is just the person we needed in the Whitehouse to get this RV moving along?

I quote from the article – A New map for Iraq. “The image of American policy in the Middle East is no longer confined to scenes of tanks, military bases, and airstrikes. It is increasingly being shaped in the halls of investment conferences, through massive arms deals, and by cross-border economic memoranda of understanding. This shift, which has deepened during the current term of US President Donald Trump, is not only evident in the rhetoric of the White House and the reports of research centers, but is also reflected in the way American politicians speak about their country’s role in the region, particularly in Iraq.”

In a statement to Baghdad Today, Naaman Abu Issa, a member of the US Democratic Party, put this shift in a direct way, saying that US policy in the Middle East has witnessed “a clear shift during President Trump’s term,” noting that the focus is now on economic and commercial interests more than direct diplomatic or military intervention. Is this democrat admitting a Trump success? Oh… WOW! 😊

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What else is in the news?

Meanwhile in the midst of all this Iranian drama taking place the rest of the world is still moving ahead with Iraq and this give me hope and almost certainty that all will work out with this Iranian influence, as radical Islamic influence will most likely be gone or lessened when the currency regime falls. These Iraqi militias may have no choice but to surrender their arms.

Where do they stand in the election cycle? The House of Representatives announced on Wednesday the conditions for candidacy for the position of President of the Republic. Remember that it is the newly elected president that will announce the new prime minister.

😊 Next, we find that the reforms continue in Iraq in spite of the political drama in article titled “LAUNCHING THE 2026–2028 SECURITIES STRATEGY TO TRANSFORM IRAQ INTO A REGIONAL FINANCIAL CENTER”. On Monday, the head of the Securities Commission, Faisal Al-Haimas, announced the imminent launch of the commission’s strategy for the years 2026–2028, in a move aimed at transforming the Iraqi stock market into a leading regional financial center. He stressed that this strategy is in line with the government’s directions towards economic reform and revitalizing the financial sector, indicating that the Authority will work to implement its phases according to well-studied timetables and in cooperation with local and international partners in order to ensure a qualitative leap in the performance of the Iraqi financial market.

Can you already see where I am going to go with this news? I will give you a hint…’securities strategy’. What direct implications can this strategy have on the Iraqi dinar? Remember these ‘Pillars of Financial Reform”? Here is the stock market again. What is traded on the Iraqi Stock Exchange (ISX)? Is it just the ISX trading? Of course, it could mean the Iraqi dinar is traded once again on the currency exchanges with the big boys. Could this also be part of this new strategy?

On Monday, the head of the Securities Commission, Faisal Al-Haimas, announced the imminent launch of the commission’s strategy for the years 2026–2028, in a move aimed at transforming the Iraqi stock market into a leading regional financial center.

Al-Humeis explained in a statement today that the new strategy is based on comprehensive digital transformation, diversifying investment tools, deepening liquidity, attracting foreign investments, in addition to enhancing transparency and protecting investors’ rights. So, tell me how are they going to attract foreign investments with a currency rate of 1320? Seems to me if they could they would not need this strategy, now, would they? Investors would be pouring in already. But they are not and so why? Today in one of our articles we learn about nine (9) economic benefits of state-controlled weapons by expert al-Hashemi. He seems to emphasize that investors are more prone to invest in stable and secure countries not countries where an incident could set off a barrage of gun fire or explosives at any time. So again, we see that peace and stability are needed in Iraq and maybe this ‘lack of’ is what has also hindered the investment flow for many of these projects in the first place.  

He stressed that “this new securities strategy is in line with the government’s directions towards economic reform and revitalizing the financial sector, indicating that the Authority will work to implement its phases according to well-studied timetables and in cooperation with local and international partners in order to ensure a qualitative leap in the performance of the Iraqi financial market.” Oh… here we have a plan again with timetables?  I just want to add that along the way, at some time they will have to pull the trigger on the reinstatement project and get it done for any real revitalization of the financial sector to be successful. Who are they kidding? Of course, they are kidding no one and actually came out in recent months and outlined the entire plan for us all to see. It states first the removal of the zeros which leads to a revaluation and then a new peg and reinstatement. Enough said….

😊There is yet another article that I thought was an amazing bold move of a thought process. Its title is “CALLS TO REMOVE OIL FROM THE BUDGET: A BOLD REFORM PATH OR A GAMBLE THAT COULD UNDERMINE IRAQ’S FINANCIAL STABILITY?” I quote from the article The phrase“oil belongs to the people”has been transformed from a constitutional text that is supposed to establish economic justice and sustainable development, into a slogan that is invoked during crises without actually being reflected in the structure of the Iraqi economy. So, after decades of almost complete dependence on oil revenues, questions are mounting about the viability of a model budget void of oil revenues.” Can it actually be done?

As the 2026-2028 upcoming budget discussions approach, the debate resurfaces regarding the meaning of public ownership of oil, the limits of its use, and the possibility of moving towards a diversified economy that reduces dependence on a single resource of revenue that has proven to be as much a source of danger as a source of funding.

Can Iraq really remove oil revenues totally as a source of revenue to fund the budget? I will try to answer this question. Iraq with all its current resources can do this if they really, really wanted it, really came together and worked together, all in the same direction. Can you imagine the wealth of these excess oil revenues being placed in Sovereign Funds that could grow beyond our imagination. But we as investors do not need this level of wealth to get the dinar reinstated. In fact, to get the IQD back to online trading is part of the recipe of removing oil from the budget. It is all in the plan, so I am told by my CBI contact.

So, I need everyone to remember the two ways you can think. We can have our minds positive (half-full) or negative (thinking on the side of half-empty). Remember what Iraq as like just four years ago and this should give you a really good understanding that they are going to move ahead and not backwards, regardless of Iran. Yes, there may be a short, temporary ‘adjustment’ due to these crooked elections just held in November and it may be felt, but we must look at the big picture and know that all of this will be fixed somehow and I am sure of it. The RV will happen and we will be going to the bank shortly.

There is a prayer I pray each day. Let it be our 2026 prayer too to be Healthy, Wealthy and Wise. Being wise enough to know evil when you see it, wealthy enough to give to those in need, and of course healthy enough so you can enjoy our families from the abundance God gives us.  

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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. Again twice in the same week almost, God has talked about Gold and Silver and how it’s value will rise. Are you ready?

Prophetic Words from prophet:  Julie Green

 “THE GOLD STANDARD IS COMING BACK TO THE UNITED STATES”

This is a MUST WATCH for all of us investors! WOW!

At 16:40 mark. From Dec 14^th.

We already have seen the priority of the Trump administration on rare earth minerals and the efforts to secure them for industry in the U.S. Nigeria was just bombed for reasons they are not fully divulging to us yet. ISIS is Syria too is being dealt with again.  

“More Judgements Are Coming In 2026 Against Your Enemies”

At 10:47 mark. From Dec 21^st.

This prophecy is about things that are going to happen in the year 2026. In prior prophecies God also revealed some revelations about 2026 but this one is in much more detail. Here are a few of the revelations given today’s prophecy:

• Again, since Dec 14^th, God talks about Silver and Gold. In this one God tells us something explosive will happen with Silver and Gold. Are we getting close, has this climb already begun?

• Something significant will happen to both the IRS and to the Federal Reserve.

• More corruption from the Democratic party and they will be worst off in 2026 than in 2025.

• The 2020 elections steal will be revealed to a greater degree.

• Sudden, shocking deaths are coming to some well-known people

• Some politicians will be found guilty of TREASON!

• The TRUTH about Ukraine will come out and something shocking will happen to Zelensky. In a previous prophecy God told us he will step down from the presidency.

• And much more….

PROPHECIES FULFILLED—ANTI AMERICAN

We will have to face the radical Muslim communities situated in America sooner or later, but we will have to do something about them. Why not sooner. They have infiltrated America through lack of immigration law enforcement. More evidence that the leaders of these communities want more than to live free and raise families. They want control and power to instill Sharia law. Anyone who apposed it must die. This is their teaching. This is as radical as it gets.  

DOM BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM

— And the Truth the World Forgot about the so-called Muslim religion.

Dom 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 love, kindness, 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.  

ISLAMIC REVOLUTION BY MASS IMMIGRATION TO CONQUER THE WEST

And…they actually told the west they were going to do it too. The fusion of Marxism and Islamic.

I would not miss this one, if I were you!

Does this sound like a conspiracy to you? Now do you see why this flood of Muslims into the U.S., UK, Europe and other countries. Do you see why they also seeded politicians in high offices to support laws to protect themselves? In the U.S. we see this in Minnesota and Michigan. Look at the fraud and corruption!

Why did the Biden allow four years of massive, unchecked immigration into the US?

Why does the United Nations Agenda 2030 outline how to conduct this mass immigration and actually support it, push it and mandated it?

Do you see how they are using the climate change narrative (hoax) as a screen to justify and hide behind the real intent of almost anything the U.N. wants to do?

I am sorry folks as I know this is all a lot to take in and understand. There are many pieces to this Muslim takeover but we must understand it and connect the pieces to see the big picture and the long-term effects if we don’t stop it now. We will stop it sooner or later, better sooner than later. Fortunately for the U.S., it did not have yet another four years of democrat leadership in the Whitehouse or we would all be hosed and the United States would no longer exist.

Many of you might be saying now what does this have to do with the RV?

Well…. if you don’t know by now, I can’t help you. Just look at the mandate of the U.S. to get rid of the Iranian backed militia stationed in Iraq. Do you think they are going to allow the release of the reinstatement of the Iraqi dinar under these current conditions of the PMF strongholds? So, now we see these conditions deteriorating quickly, as God told us great changes are coming in 2026.

Conservative or Liberal Mark Levin is a constitutional lawyer, professor and past government employee. I would add he is a conservative, but he would rather be called just a patriot and lover of America.

SAUDI LEADER “NO ONE IS PREPARED FOR WHAT’S ABOUT TO HAPPEN IN IRAN…”

ANTI-ISLAM PROTESTS CONTINUE IN IRAN. Regime change is coming… 

LOOK WHAT GOD IS DOING TO PUNISH IRAN. IT IS TIME TO END THIS TERRORIST MOVEMENT ALTOGETHER.

Freedom is finally coming full circle for the Iranian people and Iraqis too. They desperately want out of this Iranian Islamic dictatorship regime. I honestly did not think it would happen this quick but here we are. Do you see now why the Iranian backed militia within Iraq do not really anymore have a choice but to throw down their weapons and either leave Iraq or pledge allegiance to the state. There is no big brother Iran or funding to back them up their puppet state within Iraq anymore.

“DEATH TO THE DICTATOR”: Mass Protests Sweep Iran as Currency Reaches Historic Collapse

God’s hand at work. The prophets told us this was coming and now it is here – “regime change”. Will we finally have peace in the middle east? Will the next generation ask what the word ‘terrorism’ even means?

10 EUROPEAN COUNTRIES FORCING MUSLIMS TO RETURN TO THEIR COUNTRIES OF ORIGIN

You know what…. it is probably a very good thing for them to go back anyhow. This stupid UN idea of mass migration and mixing the countries to a homogenous populations was all crazy right from the beginning. Was it done just to create chaos? The climate and culture in Europe is not suitable for them anyhow. Why don’t they try to fix their own countries instead of coming to developed countries and then trying to make them like the ones they left behind.

TECHNICALLY, ILHAN OMAR ISN’T EVEN INELIGIBLE TO BE IN CONGRESS

DOES THE FRAUD GO BEYOND MINNESOTA AND A PATTERN IN DEMOCRAT RUN DISTRICTS?

Ilhan Omar is connected closely to the fraud, even though she dismissed the allegations.

Listen carefully, if you think she is innocent. Should be she be removed from Congress. This is just a beginning, then we must look closely at her immigration status. Should be deported? Is she really a U.S. citizen even?

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. 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.

TRUMP FLOATS ZERO INCOME TAX PLAN STARTING WITH BIGGEST REFUNDS EVER

The Trump administration is slowly rewriting the entire federal tax code.

Give it time as the country will finally realize that with the right-offs half the country does not pay income tax anyhow. It makes common sense that if you keep adding exceptions and eliminate taxes in the tax code, they why even have an annual filing process? Yes, we can see what is happening. A slow methodical breakdown and then replacement of how revenue is to be collected for the federal government in the near future. But these changes will have to get through congress and congress must remain within the conservative power base.

SUDANESE: THE NEED TO RECONSIDER THE ECONOMIC SITUATION TO AVOID A FINANCIAL DEFICIT

– Prime Minister Mohammed Shia Al-Sudani explained on Thursday that supporting the industrial, agricultural, commercial and tourism sectors is the basis for improving the economic situation.

The Prime Minister’s Media Office stated in a statement seen by (Shafaqna Iraq) that “Prime Minister Mohammed Shia Al-Sudani met with a group of tribal sheikhs and dignitaries from Al-Dujail district in Salah Al-Din Governorate.” During the meeting, Al-Sudani stressed that “the districts of Balad and Dujail are among the districts that have made sacrifices in the past and present.” He pointed to the spirit of brotherhood that unites the sons of the Iraqi spectrum in the province.

Terrorism is being pursued in the caves

He explained that “the security services have the readiness, capability and efficiency. There is no foothold for terrorists in Iraq and they are being hunted down in caves, mountains and deserts.” The Prime Minister pointed to the role of the tribes in maintaining brotherhood and communication and addressing the remnants of terrorism and the resulting displacement.

He explained that “the victory over terrorism, sedition and hate speech was achieved by the people’s stand against the alien ideology.” He pointed out that “the district of Dujail has a special status because of the sacrifices it made and its honorable stand against the dictatorial regime, which makes it deserving of care and attention from the state.”

The government has focused on providing services in a manner befitting this country, its capabilities and status, and on working to alleviate the suffering of citizens and improve the economic and living conditions.

Al-Sudani added, “The government of services is not a slogan or a title, but rather a work methodology and a tireless movement from Basra to Mosul.”

He affirmed that a significant portion of the government program’s priorities had been achieved, while progress continued on development and service projects . Service projects were launched in the districts of Balad and Dujail, and work on others was being monitored, with directives issued to finalize procedures for new projects to begin implementation.

Sudanese: The need to reconsider the economic situation to avoid a financial deficit

He stressed the need to reconsider the economic situation to avoid a budget deficit in light of increased expenditures and stagnant revenues. He emphasized the importance of genuine reforms to overcome challenges and prevent Iraq from becoming solely dependent on oil, arguing that stimulating other sectors would generate revenue and address unemployment and job creation issues.

The Prime Minister stated that “there is a heavy legacy spanning four decades that squandered resources and consumed time in the adventures of wars and conflicts.”

He pointed out that “the government has worked during the past three years according to a clear vision and will, and with the support of national forces.

Expressing his confidence in the people’s ability to face challenges and move towards a country with a strong economy where citizens enjoy social justice and a decent life.

He emphasized at the end of his speech that implementing the government’s vision requires sustainable security and stability, which can be achieved through the community standing with the security services.

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THE GLOBAL SMART CARD COMPANY ANNOUNCES THE LAUNCH OF A NEW INITIATIVE

The global smart card company (K) announced the launch of a new initiative aimed at supporting merchants and stimulating business growth, starting from January 1, 2026, where a commission rate of (0%) will be applied to the merchant for all electronic payment transactions.

The company stated in a statement received by Mail that “the initiative includes all payments made through point-of-sale (POS) devices and the SuperKey application, without any deductions or hidden commissions, ensuring that the merchant retains the full profits of each sale transaction. “

She added that “this step comes within its strategy to promote financial inclusion, encourage the shift towards electronic payment, and provide a more transparent and profitable business environment for merchants in various sectors. “

The statement continued, “The company announced that it will provide payment devices free of charge to merchants wishing to join the Key system, with the possibility of easily registering via the SuperKey application.” She emphasized that “2026 will be a year of real growth and clearer profits for traders, in a partnership based on trust and continued support.”

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TRUMP IS TURNING THE MIDDLE EAST EQUATION UPSIDE DOWN: IRAQ FROM A BATTLEFIELD TO THE GATEWAY TO AN AMERICAN CONTRACTING EMPIRE.

New map

The image of American policy in the Middle East is no longer confined to scenes of tanks, military bases, and airstrikes. It is increasingly being shaped in the halls of investment conferences, through massive arms deals, and by cross-border economic memoranda of understanding. This shift, which has deepened during the current term of US President Donald Trump, is not only evident in the rhetoric of the White House and the reports of research centers, but is also reflected in the way American politicians speak about their country’s role in the region, particularly in Iraq.

In a statement to Baghdad Today, Naaman Abu Issa, a member of the US Democratic Party, put this shift in a direct way, saying that US policy in the Middle East has witnessed “a clear shift during President Trump’s term,” noting that the focus is now on economic and commercial interests more than direct diplomatic or military intervention.

Abu Issa adds, explaining that “the primary mission of the US president, embassies, and diplomats worldwide, particularly in the Middle East, is to open avenues for economic cooperation and secure contracts for American companies with various countries, including Iraq.” He emphasizes that this approach reflects “a strategic shift in Washington’s management of the region’s affairs.” At the heart of this assessment, Iraq stands out prominently. Abu Issa points out that Iraq “occupies a prominent position in this strategy, as a country of strategic importance to the United States and home to the largest US embassy in the world, reflecting Iraq’s pivotal role in Washington’s economic and trade policies.”

He further asserts that “American policy is no longer focused on military influence or direct intervention, but rather on strengthening economic ties and expanding investment opportunities, making Iraq an important partner within this vision.” These statements do not merely reflect a personal impression, but rather align with a comprehensive trajectory that can be traced through the current administration’s actions, from the Gulf deals to its approach to Iran and Syria, and including the Iraq file itself.

From “America First” to “Contracts First”

Since Trump’s inaugural address, where he introduced the “America First” slogan, it became clear that his foreign policy approach would undergo a restructuring based on reducing the direct costs of wars and maximizing the gains from trade and investment deals, while maintaining traditional pressure tactics such as sanctions and a limited military presence when necessary. This logic was evident early on in the focus on reducing direct involvement in protracted wars, alongside intensifying sanctions against adversaries, as seen in the “maximum pressure” policy against Iran, which reverted to using economic and financial tools as a primary means of managing conflict, rather than engaging in large-scale military confrontations.

But the most visible aspect of this shift was Trump’s frequent visits to the Gulf, where bilateral and multilateral summits became platforms for announcing unprecedented investment packages and arms deals in terms of scale and complexity. At these meetings, the enormous figures for these contracts were presented as a “job boost for the United States,” while simultaneously serving as a means to reshape the region’s political and security alliances through financial and investment channels, not just military ones.

In this scenario, weapons are no longer merely a security tool, but rather part of a “comprehensive deal” that intertwines energy, technology, and infrastructure companies with the defense industry. Many reports and studies have described this approach as a shift from “crisis management” diplomacy to “return maximization” diplomacy, where political and military leverage is used to open markets for American companies, while security protection is offered as part of a comprehensive trade package.

Iraq at the heart of transformation: from a battlefield to a platform for contracts

In this new context, Iraq, from Washington’s perspective, appears to be more than just a testing ground for security and counterterrorism policies. Beyond its geostrategic location between Iran, the Gulf, Turkey, and Syria, Iraq sits atop a vast reserve of oil and gas resources and requires decades of energy infrastructure development and reconstruction. This makes it, in Abu Issa’s words, “an important partner within this vision”—a partner whose role extends beyond simply training forces or exchanging information, encompassing contracts in the energy, electricity, communications, technology, and logistics sectors.

The presence of the world’s largest US embassy in Baghdad, in terms of size and security and diplomatic infrastructure, is no longer seen merely as a symbol of the occupation and its aftermath, but as a comprehensive platform for managing this economic and political transformation. The massive diplomatic complex, built on a vast area and considered the largest among US missions abroad, has also become a hub for commercial and investment activities, and a center of gravity for a network of US agencies and bodies dealing with energy, finance, and international companies and institutions connected to Iraq.

Numerous studies in recent years examining the “American strategy in Iraq” indicate that the administration tends to use financial and economic tools to manage its influence rather than expanding its direct military presence. Instead of sending more troops, Washington prefers to rely on tools such as targeted sanctions, monitoring dollar flows, and linking the level of financial and economic cooperation to Baghdad’s distancing itself from the Iranian axis, in addition to trying to encourage American companies to participate in infrastructure and energy projects within Iraq.

In this context, Abu Issa’s statement about “opening up prospects for economic cooperation and securing contracts for American companies” is not a side note, but rather an expression of the essence of the role of embassies and envoys in the region, as the current administration sees it: contracts take priority, and then everything else comes after.

The Gulf as a model: Arms deals and investment are shaping a new doctrine

During Trump’s Gulf tour, this shift became most evident. Beyond the traditional political issues, from relations with Iran to maritime security, the most prominent headlines revolved around massive investment packages, arms deals, and long-term economic cooperation programs. In those sessions, press conferences no longer spoke solely of “alliances against terrorism,” but also of “investment opportunities,” “vision projects,” “economic zones,” and “trade corridors,” as if the region were being reshaped as much as a map of security and investment.

This pattern did not come out of nowhere. Since the signing of the “Abraham Accords” in 2020, which opened the door to the normalization of relations between Israel and several Arab countries under American auspices, the approach has appeared to be based on investing in calming tensions to create paths of economic, trade, tourism and technological cooperation, making the new political and military alliances carry on a network of intensive and long-term economic interests.

What is new in the current stage is that this logic is no longer limited to the Arab-Israeli normalization file, but has extended to the form of the relationship with countries such as Saudi Arabia, Qatar, the UAE, Iraq and post-war Syria, where easing sanctions or providing security support is linked to the possibility of opening wide doors for American companies in the fields of energy, reconstruction, technology, transportation and logistics.

The “profit and loss” logic: How does Washington view Iraq?

Looking at Iraq from the perspective of this transformation, it can be said that its position in American calculations is governed by three overlapping levels:

1.The first level is strategic security, linked to the Iranian issue, the Syrian borders, and the balance of power with Turkey and the Gulf states. Here, Iraq remains a vital arena for any policy of exerting pressure on Tehran, whether through monitoring the activities of armed factions or by tracking the flow of funds, oil, and gas.

2.The second level is that of economic opportunities, where Iraq appears as a promising market for American companies in the fields of conventional energy and associated gas, electricity grid interconnection, and the construction of ports, roads, and railways, in addition to the banking and digital sectors. At this level, the role of the embassy and American economic missions becomes translating political and security influence into tangible contracts, as Abu Issa hints in his talk of “securing contracts for American companies with countries, including Iraq.”

3.The third level is that of balancing with adversaries and competitors, primarily China, Russia, and Iran, who are also moving to fill the investment and energy gaps. Every major deal in Iraq—whether in oil, gas, or infrastructure—becomes, in this context, part of a broader game between Washington, Beijing, Moscow, and Tehran, making the economy an extension of the power struggle rather than a substitute for it.

Under this roof, one can read about many of the files that have preoccupied Baghdad in recent years, from negotiations with major oil companies, to regional electricity interconnection projects, to repeated attempts to link Iraqi banking and financial reforms to the conditions of the US Treasury and the Federal Reserve.

Embassies as “business centers”: When diplomacy becomes a commercial arm

What Nauman Abu Issa says about the mission of “the president, embassies, and diplomats” is not far removed from the practical reality of the work of American missions in the region in recent years. Since the Obama administration, through Trump, and up to the present stage, the network of commercial attaché offices and investment promotion teams within embassies has been strengthened, and a large part of their activity has become directed towards opening doors for American companies and investors, facilitating access to local and regional contracts, and coordinating the participation of these companies in major infrastructure projects and national “vision” plans in the Gulf, and reconstruction projects in post-war countries.

In Baghdad, the importance of this role is amplified by the size of the embassy and the complexity of the Iraqi landscape. The presence of so many agencies, programs, and offices within the diplomatic compound, from defense and foreign affairs to the treasury and the U.S. Agency for International Development, among others, means that every major economic file—in energy, infrastructure, or banking—passes, in one way or another, through channels connected to the embassy, ​​or at least is subject to its political, security, and financial evaluation.

This does not necessarily mean that diplomacy has been completely transformed into a “commercial arm,” but it is certainly now measured, in a considerable part, by the number of contracts that are opened up for American companies, and the amount of economic influence that can be established in the long term.

Between economics and weapons: Is the era of military intervention over?

Despite this clear focus on economics and arms deals, it cannot be said that the United States has abandoned its hard power tools in the region. The massive arms deals with the Gulf states confirm that economics and arms go hand in hand, and that security is still used as an “incubator” for these deals, not their antithesis.

The policy of putting pressure on Iran also relies on a combination of economic sanctions, military threats, and leveraging the network of American bases in Iraq, the Gulf, the Red Sea, and the Eastern Mediterranean, within a discourse that balances the language of “we do not want a new war” and “we will not allow the rules of the nuclear and regional game to be changed.”

In this context, the shift from “war to economy” appears to be more of a reordering of priorities than a complete break with the past. The current administration does not want long and costly ground wars like those in Iraq and Afghanistan, but it does not hesitate to use sanctions, financial pressure, and the threat of force to ensure a more favorable environment for the flow of American deals, contracts, and businesses.

What does this mean for Iraq?

For Iraq, this shift raises more complex questions than it provides easy answers. The fact that securing contracts for American companies in a country like Iraq has become, as Abu Issa describes it, the “primary mission” of American diplomacy means that Baghdad faces both an opportunity and a risk.

The opportunity lies in the potential to attract investments, transfer technology, and enter into partnerships that can help modernize the deteriorating infrastructure and the strained energy sector, and open up new markets and job opportunities.

But the risk lies in these same contracts becoming new instruments of influence, used to reshape the economic and political balances within the country, and to link Baghdad’s strategic decisions to long-term financial and investment interests, at a time when the state is still struggling to consolidate its sovereignty over its security, military and economic decisions.

Between these two extremes, it seems that the most important question facing the Iraqi decision-maker today is not only: How do we deal with an American administration that is redefining its role in the region? But also: How can this shift from “war to economy” be turned into a national interest, rather than a new form of dependency?

If the embassies, as Naaman Abu Issa says, came “to open up prospects for economic cooperation and secure contracts for American companies,” then Iraq is invited to ask the opposite question: What contracts does it want? And on what basis does it want these partnerships to be built, so that the strategic shift in Washington does not turn into just a new chapter in a long story, in which the form of American influence and its tools changed, while the essence of the imbalance in Iraq’s relationship with the world remained the same.

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9 ECONOMIC BENEFITS OF STATE-CONTROLLED WEAPONS – EXPERT AL-HASHEMI (AND THESE BENEFITS CAN INCREASE)

“From a crisis economy to a planning economy”

Economic expert Ziad Al-Hashemi said that the Iraqi state will achieve significant economic gains by getting rid of loose weapons, explaining that this step will raise Iraq’s status and place it among countries with true sovereignty. He added that countries will give greater value to the Iraqi government after it gets rid of loose weapons and will deal with it with greater confidence. Iraq will have a pivotal role through which it can enter into strategic alliances and new economic partnerships. Al-Hashemi also stressed that the Iraqi economy will transform from a crisis economy to a planned economy through comprehensive development plans, and he listed 9 benefits, saying that they are subject to increase according to developments.

Al-Hashemi’s Facebook post:

• Restoring Iraqi sovereignty by eliminating loose weapons will yield significant economic gains, freeing Iraq from the grip of uncontrolled arms dealers and elevating its standing among truly sovereign nations. One nation, one people, one army—this is the motto and objective that stable states strive for, uphold, and maintain. It is a fundamental condition that grants these nations the immunity and opportunity to strengthen their stability, sovereignty, and political, economic, and security standing.

• Countries will give greater value to the Iraqi government after it gets rid of loose weapons, and will deal with it with greater confidence. Iraq will have a greater pivotal role through which it can enter into strategic alliances and new economic partnerships, which were not possible to achieve with weapons in the hands of non-governmental groups!

• An Iraq without loose armed groups will transform the Iraqi economy from a crisis economy to a planned economy, as Iraq will be able to develop and implement comprehensive development plans away from the control and influence of those groups. This is a strategic goal that previous governments failed to achieve, one of the most important reasons being the presence of weapons outside the control of the state!

• Eliminating loose weapons outside the official armed forces will greatly reduce the costs of risks surrounding the Iraqi economy and will enhance the possibility of capital and investments entering Iraq.

• The private sector will find ample space and a promising market for work, expansion and production, and new projects and innovative ideas will enter that will enhance the emerging business sector and the services sector, which the Iraqi economy desperately needs.

• Furthermore, the government’s monopoly on weapons will strongly contribute to weakening corruption, which has been reinforced and spread by loose weapons throughout the past decades and up to the present day through the imposition of levies, commissions and sharing of contracts!

• Enforcing the law with only one weapon in the hands of the government will contribute to achieving civil peace and social justice, end the militarization of society, and open the door to ambition for new generations and the development of their skills to keep pace with developments in the labor market!

• Strategic projects such as the development road can see the light after getting rid of loose weapons, and this will contribute to attracting global industries and supply chains to benefit from this project and establish their projects and centers inside Iraq.

• With the elimination of the loose weapons of the groups and their economic offices, the phenomenon of dollar smuggling, money laundering, and support for sanctioned entities and countries will end, and the Central Bank of Iraq and the government will be able to restrict and reduce these operations to the lowest level, thus preserving national wealth from being lost.

• Oil and commercial smuggling operations and the exploitation of border crossings will decrease to the lowest level after getting rid of loose weapons, and trade will turn into a stable normal situation, which will allow it to be strengthened and the returns achieved for the government to be improved.

These are some of the gains, and there are certainly other gains that we did not have the space to mention, but in any case, Iraq will not see a glimmer of hope or a light without the presence of one official weapon, as the economy does not grow with the presence of loose guns, but rather it deteriorates silently!

When that is achieved, and the economy and Iraq are freed from the grip of loose weapons, then we can say that Iraq has truly begun to stand on its own two feet and walk on the right path, after many years of paralysis and ailments!

Therefore, any incoming prime minister must realize that the success of his government depends on getting rid of loose armed groups and not allowing them to roam with their weapons around his government ministries, as this is a recipe for the failure of his government and a grave danger to the future of Iraq and the fate of its people!

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SUDANI: ENDING THE UN MISSION MEANS THAT IRAQI INSTITUTIONS HAVE DELIVERED THE BEST LEVELS OF PERFORMANCE.

Prime Minister Mohammed Shia al-Sudani expressed his gratitude on Saturday to the United Nations Assistance Mission for Iraq (UNAMI), stressing that the end of its work means that Iraqi institutions have provided the best levels of performance. 

In a statement received by the Mail, the Sudanese office said, “Today, the Sudanese received the Special Representative of the Secretary-General of the United Nations, Mr. Mohammed Al-Hassan, on the occasion of the end of his duties in Iraq and the termination of the work of the United Nations Assistance Mission for Iraq/UNAMI.” 

According to the statement, Al-Sudani expressed his “gratitude to Al-Hassan and to all those who worked in the mission, for the assistance they provided to Iraq in various fields throughout its duration, from the fall of the dictatorial regime until today.”

The Prime Minister affirmed, “The relationship between Iraq and the international organization will continue, as will the bilateral programs on which cooperation is taking place, and that ending the work of the UNAMI mission means that the Iraqi state institutions have been able to provide the best levels of performance in carrying out their constitutional and legal duties, in a step that enhances national sovereignty.” 

For his part, Al-Hassan praised “what has been achieved in Iraq during the past years of the government’s work, and the important steps that contributed to reaching this day, noting the keenness to continue working with Iraq in various programs.” 

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THE DREAM OF REVOLUTIONARY CHANGE IN IRAQ

(About the PMF)

(Mnt Goat: this article is about the Iranian backed militias in Iraq (PMF). If you want to learn more about their operations in Iraq or the detriment to Iraq, this is a good read)

If a referendum were held in Iraq today, we would find that many Iraqis support “radical solutions” that might come through a military coup or foreign military intervention, because there is a general feeling that it is difficult to change the negative conditions through the institutional and democratic mechanisms currently in place .

This mood, in fact, is what was behind the acceptance of radical transformations at various points in Iraqi history, at least since the coup of Bakr Sidqi in 1936, which is considered the first military coup in the entire Arab region .

With every coup or violent upheaval, emotions surge, many are optimistic, but the emotional fervor quickly fades, leaving behind a reality far worse and more complex than before. But will the Iraqi people ever learn? After every disaster, a large percentage of citizens tend to interpret the violent transformation as not being good, and that we need another “transition” that is good, rather than rejecting the idea of ​​violent transformation, coups, and revolutions altogether .

Many have been waiting, at least since the beginning of this year which is nearing its end, for those crushing blows that the United States of America will direct at the militias in Iraq, as if the Iraqi militias were merely an isolated body, and not a network of forces, interests and influence, intertwined with security and military policies, in a way that makes it difficult to separate them from the body of the state itself .

What if America assassinated the “fifty names” list circulating on social media, and bombed militia camps and their weapons depots in one dark night? Would Iraq be okay the next morning ?!

Many reports confirm that the first reaction to such a hypothetical event will be chaos on various levels, not least in the security file, in addition to the disruption of the map of power and the balance of pressure between them, which will motivate adversaries to try to fill the void quickly, creating a new circle of conflicts .

Calm and stability will not be achieved quickly after this scenario, for many reasons, including that the authority of the state is incomplete, and that the ability to enforce the law in the street is clearly lacking, especially with the infiltration of many militia figures, or those loyal to the militias, into state institutions, outside the organizational structure of the militias themselves .

America, up to this point, is not concerned with withdrawing security powers from groups operating under the umbrella of the Popular Mobilization Forces, which are spread across areas north and west of Baghdad, and manage vast areas of the shared borders with Syria and Jordan, in cooperation with the army, the federal police, and the counter-terrorism service .

This deployment is not merely a routine distribution of units, but reflects a perception built since after 2015 of the Iraqi security doctrine, where factions are no longer just a supporting force, but a partner in security decision-making .

In the vicinity of the capital, specifically to its north and west, the Popular Mobilization Forces (PMF) control areas such as Tarmiya and Abu Ghraib, which have historically been gateways for security threats and are now under heavy security control by these factions. This presence effectively makes the PMF the de facto controller of security at Baghdad’s entrances and exits, an influence that extends beyond the military dimension to the political and strategic spheres .

In the west, specifically on the border strip with Syria and Jordan, the Popular Mobilization Forces not only perform the traditional border guard duties, but also dominate vast areas of the desert .

Although this deployment is carried out under the protocol of the Joint Operations Command, and in cooperation with the army, the federal police and the counter-terrorism service, the reality on the ground imposes a kind of “division of roles”; while the army and police hold the city centers and official ports, the Popular Mobilization Forces take on the task of holding the ground in the rugged and open areas, enjoying great operational independence .

The current approach to bringing about change in Iraq is to continue pressuring the militias and their political fronts to force them to implement change. The desired outcome may not be immediate, nor may it fulfill all the “revolutionary aspirations” of a large segment of Iraqis in their vision of change, but this is the picture as it appears today .

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IRAN: SPECULATION GROWS ABOUT THE GOVERNMENT’S MOVE TOWARDS UNIFYING THE “EXCHANGE RATE”

(Mnt Goat: This article is all about Lessons Learned. Even the experts are sometimes fooled. I am bringing you this article today not because we are so much concerned about the Iranian currency, as my blog is all about the Iraqi dinar revaluation not the rial or toman. I believe in information and informing my readers of what is really going on and connecting the pieces for you so you can better understand and learn.

I wanted to share this article because it is an educational article on a discussion about two ways to set currency rates. We can see that Iran had multiple currency rates and maybe this was not such a good thing for their economy.

So, let’s look deeper into what a “unified currency rate” vs having “a multiple currency rate” is and the pros and cons of each. Read the article! If you remember just weeks ago (around Dec 1^st) one of the Iraqi economists suggested that the solution to the recent rise of the dollar was to have a multiple exchange rate system. Really? If you read this article today, you can clearly see why the CBI is stayed away from such a solution. The CBI has a solution and it’s a massive revaluation of normalization of the dinar and the shift to a new basket of currencies and back to FOREX. That is their plan. The CBI already told us many times already that the monetary reserves and the gold can back up the economy and is a safety net for a major crisis (i.e. Covid era) not minor clinches. Just so you know Iraq has only one (1) official exchange rate. The black market rate is not official and is part of the problem and not sanctioned by the CBI as the free market rate is in Iran. So, in Iran they have what they call a “free market” rate but it is really a legalized black-market rate full of corruption and it allows it to occur. Sad, isn’t it? We can see the impact corruption has on a currency just be studying Iran. For Iraq, the CBI  “official rate” is a suppressed rate, a temporary rate, a benchmark,  until they can get their act together and normalize the dinar. The CBI made any trading of the dollar outside of the “official rate” illegal. That is the difference between the Iranian free market and the Iraqi black market.  

Also remember that when this economist made this suggestion of multiple rates for Iraq it was another knee-jerk reaction to what was really going on to a warped sense of the market. The sudden, temporary spike in the dollar was from the implementation of the SKODA part of ASYCUDA system with limited products for a trial run. It was the first time it was turned on with these custom fees for a limited number of products. The CBI fully expected the spike and knew it was temporary. The CBI did not fall into this trap of a knee-jerk reaction by devaluing the dinar. Many of these silly (and stupid) economists even compared the situation to the COVID years. Many articles flew out by all these economists telling of the danger of what was happening and some silly solutions. The issues never occurred and the rate slowly declined not back to 1310 but better even to 1305. The CBI kept the citizens informed and then articles come out about their independence in making these kind of decisions. They pretty much told these economists to “mind their own business” and to leave the financial management of the country to the experts. They also talked about how speculators could hurt a good economy and so the economists should stop speculating and deal in FACTS.)

The Central Bank of Iraq postponed on Monday the requirement for companies wishing to purchase dollars for importing goods to submit a prior customs declaration until January 2026, with the exception of four specific commodities for which the requirement remains mandatory. This postponement comes after the General Authority of Customs had previously announced that the procedure would be implemented starting Monday, December 1, 2025.

The General Authority of Customs announced the full implementation of the advance customs declaration system at the beginning of next year, to include all imported goods and merchandise.)  

Article Begins:

While talk has returned to Iran about monetary policy reforms and the move towards unifying the exchange rate, a report issued by the Planning and Budget Organization shows that the policy of fixing the exchange rate has not only failed to curb inflation, but has also contributed to expanding the circle of rent-seeking and corruption and causing disruptions in production and exports.

In recent days, speculation has resurfaced regarding the initiation of serious reforms to Iran’s exchange rate policies and the government’s move towards adopting a unified exchange rate. While this news has not yet been officially confirmed, the evidence suggests that the continuation of the multiple exchange rate system, instead of curbing inflation and supporting the livelihoods of Iranian families, has become a source of rent-seeking, exacerbated corruption, and disrupted production and exports.

The newspaper “Donya-e-Eqtesad” reported that the Planning and Budget Organization confirmed in a concurrent report that the policy of fixing the exchange rate has not succeeded in controlling prices, but has instead turned into an obstacle to trade procedures in the country.

Some policymakers argue that current conditions do not permit a unified exchange rate, while others believe that multiple exchange rates have failed to curb inflation or support low-income households, instead becoming a mechanism for rent-seeking. Furthermore, global experience shows that economies adopting multiple exchange rate systems are often plagued by high inflation, without any tangible positive impact on their economic performance.

The profit generated by the gap between the official exchange rate (28,500 tomans) and the free market rate (around 132,000 tomans) undoubtedly has beneficiaries who will not easily allow the government to eliminate it. The defense of the multiple exchange rate system by some members of parliament comes at a time when analytical reports from research centers confirm that the preferential currency allocation has failed to control the prices of basic goods.

In the supporting documents for the 2026 budget bill, the Planning and Budget Organization addressed monetary policy and the multiple exchange rate system, outlining its position on the matter. These documents indicated that the monetary policy adopted in Iran, including the preferential exchange rate, the Hall 1 exchange rate, and the Hall 2 exchange rate, has failed to effectively curb the inflationary effects stemming from the high unofficial exchange rate. The documents further stated that achieving economic stability and controlling inflation through monetary policy should focus on achieving sustainable stability in the free exchange market, as fixing preferential exchange rates is an artificial and unrealistic approach.

The report added that the policy of fixing the official exchange rate has become a costly burden on the national economy, particularly on producers and exporters. These costs include weakened exports, increased demand for imports, hindered repatriation of foreign currency earnings from exports, exacerbated capital flight, weakened domestic production, widespread corruption and rent-seeking, and, most importantly, rampant smuggling.

According to some recent studies, the primary reason for the growth in liquidity is attributed to budget deficits and government financial imbalances. In practice, the government is forced to compensate for the budget deficit by printing money and increasing liquidity, which ultimately leads to fluctuations in the exchange rate and higher inflation rates.

Article Ends

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THE EXCHANGE RATE IN IRAQ IS THE FIRST VICTIM OF THE IMPLEMENTATION OF THE “ASYCUDA” CUSTOMS AUDIT SYSTEM.

With the start of the implementation of the European audit system “ASYCUDA” in Iraq, the exchange rate of the dollar rose within the parallel market, which economists considered a normal matter in the first stage of implementation. Since the beginning of December, Iraqi markets have witnessed a gradual rise in the exchange rate of the dollar in the parallel market, reaching 1430 dinars after a period of stability in which the dollar reached less than 1390 dinars.

This continuous increase coincides with the entry into full implementation of the European audit system “SKODA” at customs ports, a system that relies on digital tracking and linking customs data with banks, which reduces reduced invoices and non-conforming documents.

Skoda advanced connectivity system

Skoda represents a digital inspection system developed in Europe, a transition from a customs model based on the traditional document to a system that links customs data with banks and ports. Once the system is operational, it is no longer possible to pass goods based on low-value invoices or non-conforming documents. The system fixes the true price of goods according to international databases, matches certificates of origin with transfer movements, and prevents any transaction in which financing transparency is not available.

Economic experts believe that this transitional phase, although a step towards greater transparency and discipline, naturally generates temporary pressures on the market and raises the actual demand for the dollar, especially with the increasing talk about the possibility of tightening banking compliance rules related to foreign transfers.

Dollar exchange rate rise

Financial and banking expert Mahmoud Dagher said that the rise in the dollar exchange rate in the parallel market came after the announcement of the implementation of the ASYCUDA customs system starting from December 1st.

He explained that the current application includes only four goods, namely gold and jewelry, mobile phones, cars and refrigeration equipment, and that the mechanism will be extended to include all goods at the beginning of 2026.

Dagher added that the government may face challenges in implementing the system within the border crossings in northern Iraq, as they do not rely on Skoda, which will hinder the ability of traders there to conduct financial transfers officially, making the market watchful for any reactions that may come during the next stage.

He added that this system created a “temporary duplication” of fees between the old and new systems, which led to additional pressure on the market and short-term effects on the exchange rate.

On the other hand, economic researcher Ali Awad believes that the recent rise in the dollar exchange rate is a natural result of the transitional phase the country is going through with the full implementation of the European customs audit system “Skoda”.

He explained that the market is undergoing a comprehensive restructuring of import costs, which usually leads to a temporary increase in demand for the dollar before prices stabilize at new levels that demonstrate the ability of institutions to manage the transition and secure official channels that comply with the requirements of the new system.

Awad added that there are serious concerns being raised today about possible attempts to sabotage the program.

He pointed out that previous experiences have shown the ability of some influential parties to disrupt customs reform efforts and to thwart similar systems by circumventing procedures or hindering their implementation.

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THE SUDANESE MAN SPEAKS ABOUT A SECOND TERM, ARMS CONTROL, AND AMERICA’S DEALINGS WITH IRAN.

Consider prime minister Mohammed Shia Al-SudaniOn Saturday, he stated that a second term is not a personal ambition but rather the completion of a project. He also pointed out that the agreement to restrict weapons to the state was not the result of a statement from a country or envoy, and revealed that he had advised the American side to deal respectfully with…Iran and to refrain from threats and intimidation.

He said Sudanese In an interview with Al Mayadeen Channel” The citizen expects the result of his participation in the elections to be a change in the level of services, the standard of living and the economy, the imposition of security and stability in the country and the strengthening of his pivotal role.”

He added, “The voter turnout is evidence of the level of satisfaction and confidence in the government’s executive performance, and these reasons motivated citizens to participate widely in the elections,” considering that “our foreign relations are based on self-interest.” Iraq” The Iraqi people are a priority for us, and the sovereignty of the country, its territorial integrity, and the safety of its people are non-negotiable; we will fight for them.”

Al-Sudani noted, “Our relationship with all our Arab brothers is based on a single, consistent standard, without any discrimination. We cherish our deep Arab ties, and our interests with them are commensurate with their engagement with us.” He added, “Our position towards our brothers in Iraq is unwavering.” Lebanon the support and assistance we provided at every stage is part of our duty and an appreciation for their resistance to the treacherous aggression.

He continued, “We have begun the process of opening an office in Lebanon to follow up on Iraq’s contribution to its reconstruction, and this reflects the will and desire of all Iraqis,” noting that “our relationship with Syria, it is ongoing based on a shared strategic interest, and we maintain communication. We have formed a bilateral security coordination committee, which is still operating.

He emphasized that “our relationship with the Islamic Republic of Iran is built on solid foundations, and we share religious, cultural, and social commonalities, in addition to a stance…”Iran “We are with them in the war against ISIS,” he added, “I have not sensed any kind of dictates, interference, or influence from Iran in Iraq’s affairs, and our bilateral relations are on a positive path.”

Regarding relations with US Al-Sudani said, “It has a special status; it is a strategic partner of Iraq and contributed to the downfall of the dictatorial regime and helped us confront ISIS through International coalition.  He added, “We worked on organizing the relationship with the United States, both in the security and economic spheres, given the companies and technology they possess, so that Iraq could benefit from their experience.” 

He revealed prime minister US administration officials have announced their acceptance of holding a dialogue with the Iranian side in Baghdad especially during the visit of the American envoy Tom Barrack“To Syria and Iraq,” he added, “We advised the American side to deal respectfully with Iran and to refrain from threats and intimidation because negotiations require trust and cannot be conducted under military aggression. Iran has agreed to conduct serious negotiations without dictates or threats, based on trust, and this is a logical viewpoint.”

Regarding the next government, al-Sudani said, “The majority of the forces within the Coordination Framework are keen to form a strong government capable of facing future challenges.” He added, “We are still at a standstill, unable to resolve the selection of the prime minister. Therefore, we presented an initiative to break the deadlock, as a key bloc within the Coordination Framework.” He

also said, “The basis of our initiative is consensus on the selection of the prime minister, establishing clear criteria to facilitate the selection process and the appointment of the person tasked with forming the government. This individual must have the people’s trust, possess successful executive experience, and have a program to address the challenges.”

He also stated that “the agreement to restrict weapons to the state is not the result of a statement from a country, an envoy, or a request, but rather it is part of our government program and one of the upcoming entitlements. All national parties agree on addressing this issue, and within days our armed forces will take control of the Ain base.”Lion“The second term is entirely, and the second phase relates to the Silk Road base,” he stressed, adding that  “the second term is not a personal ambition, but rather a readiness to take responsibility and complete a project we started.”

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CALLS TO REMOVE OIL FROM THE BUDGET: A BOLD REFORM PATH OR A GAMBLE THAT COULD UNDERMINE IRAQ’S FINANCIAL STABILITY?

The phrase “oil belongs to the people” has been transformed from a constitutional text that is supposed to establish economic justice and sustainable development, into a slogan that is invoked during crises without actually being reflected in the structure of the Iraqi economy.

After decades of almost complete dependence on oil revenues, questions are mounting about the viability of this model, especially in light of the disruption of productive sectors, the decline of agriculture and industry, and the continued fragility of the budget in the face of fluctuations in oil prices.

As the next year and the upcoming budget discussions approach, the debate resurfaces regarding the meaning of public ownership of oil, the limits of its use, and the possibility of moving towards a diversified economy that reduces dependence on a single resource that has proven to be as much a source of danger as a source of funding.

Experts believe that continuing to link the general budget to oil revenues deepens the structural imbalances in the Iraqi economy and keeps the state hostage to the fluctuations of global markets. They warn that this approach has contributed to weakening the productive sectors, especially industry and agriculture, and has transformed the economy into a rentier model that lacks sustainability. The absence of a clear economic identity and the fluctuation of financial policies have contributed to the mismanagement of public capital, which calls for a review of the philosophy of preparing future budgets and a move towards diversifying sources of income and strengthening non-oil revenues to ensure long-term financial stability.

For his part, economist Abdul Rahman Al-Sheikhli explained that the phrase “oil is the property of the people” in the Iraqi constitution does not mean total dependence on oil revenues to finance the general budget, but rather indicates the people’s ownership of this wealth and the need to manage it in a way that achieves economic sustainability and preserves the rights of future generations.

Sheikhly told Iraq Observer that “the monarchical governments in Iraq did not include oil revenues in the general budget, but rather allocated them for emergencies,” emphasizing that “this approach was more disciplined compared to the financial policies adopted at present.” He added that “Articles 111 and 11 of the Iraqi Constitution clearly stipulate that oil belongs to the people, which means that the general budget must be directed towards relying on non-oil revenues, and oil should not be the primary source for covering operational expenses.”

Al-Sheikhli pointed out that “oil has turned into a liability to the Iraqi economy at the present stage, as a result of the almost complete dependence on it, which has caused a large number of production plants to stop, and the decline of the agricultural sector, on which Iraq was mainly dependent in securing its needs.”

He emphasized that “this dependence has created a fragile economy and stifled production, contributing to the weakening of genuine development opportunities,” calling for “the revitalization of the industrial and agricultural sectors as sustainable sources of national income.” Al-Shaykhli stressed “the necessity for next year’s budget to include a reduction in dependence on oil, limiting it to no more than 49 percent of total revenues, thus ensuring the diversification of income sources and mitigating the risks associated with oil price volatility.” Article (111) of the Constitution of the Republic of Iraq of the year (2005) in force states that “Oil and gas are the property of the Iraqi people in all regions and governorates.”

According to experts, this text is consistent with public international law, which considers natural resources to be the property of the people, not the property of parties or the authorities, and that the state is only a tool for management, distribution, and development.

This is what was emphasized by the resolutions of the United Nations, including its resolution No. (1803) of 14/12/1962 entitled “Permanent Sovereignty over Natural Resources”, which stressed the need to exercise the right of peoples and nations to permanent sovereignty over their wealth and natural resources in accordance with the interest of their national development and the welfare of the people of the state concerned.

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10 THINGS THE CENTRAL BANK OF IRAQ (CBI) SAID ABOUT THE IRAQI DINAR (IQD) IN 2025

28th December 2025  in Iraq Banking & Finance News

1. February 19: CBI’s Dollar Distribution System Among World’s Most Monitored

Following meetings with the US Treasury and Federal Reserve in Dubai, the CBI reported recognition of Iraq’s US dollar distribution system as one of the most monitored and controlled globally, effectively limiting manipulation and illicit dollar outflows. The bank emphasized significant transformation in international transfers aligning with global banking standards.

The CBI urged reliance on official channels for updates and warned against misinformation.

2.  February 27: Cash Transactions will Gradually Decline

Ali Mohsen Al-Allaq, Governor of the Central Bank of Iraq (CBI), highlighted significant progress in digital payments, citing an increase in ATMs and e-wallets, which helped boost financial inclusion to 40% from 20% in just two years, supported by CBI initiatives.

He noted that Iraqi banks are undergoing major transformations, adopting internationally accredited financial systems to enhance cross-currency transactions and banking operations. Looking ahead, he envisioned banks shifting from traditional entities to smart digital platforms, issuing digital financial identities to facilitate seamless transactions.

3. May 8: Dinars to Dollars — Official List of Approved Banks

The Central Bank of Iraq (CBI) has announced that pilgrims can purchase dollars through designated banks and companies in Baghdad and other provinces.

4. September 4: CBI Launches Inter-Wallet Money Transfers

The Central Bank announced the launch of inter-wallet money transfer services, enabling individuals and businesses to conduct financial transactions with greater speed and flexibility. The CBI said this development marks a qualitative step in enhancing financial inclusion, supporting digital transformation, facilitating the movement of funds, and strengthening the business sector.

5. November 19: CBI Clarifies Role of Investment Department

The Central Bank issued a statement outlining the role of its Investment Department in supporting exchange rate stability. The department’s objectives focus on maintaining confidence in the dinar.

6. November 21: CBI Issues Detailed Instructions for Exchanging Dinars

The Central Bank issued comprehensive instructions setting out criteria for trading and replacing banknotes, including standards for fit and unfit currency, procedures for damaged notes, and mechanisms for counting and sorting.

7. November 24: CBI Firmly Denies Any Plans to Change Exchange Rate

The Central Bank rejected rumours of a possible exchange rate modification, calling such speculation aimed at disrupting markets and undermining economic stability. The bank confirmed there is no intention whatsoever to amend the exchange rate of the Iraqi dinar.

8. December 2: Digital Dinar Under Development; Exchange Rate Not a Fiscal Tool

Governor Ali Mohsen Al-Alaq stated that the digital dinar project is under implementation, but requires time and robust infrastructure before launch. He stressed that the exchange rate should not be used as a tool to address structural fiscal gaps, warning that a devaluation of the dinar would harm low-income groups and erode confidence in the currency.

9. December 17: Currency Supply Reduced by 5.5%

The CBI reported a 5.5 percent decline in currency issued during the third quarter of 2025, falling to 99,681 billion Iraqi dinars from 104,127 billion Iraqi dinars in the same period of 2024.

10. December 18: Inflation Drops to Historic Lows

The Central Bank of Iraq (CBI) reported that Iraq’s inflation rate fell to -0.8 percent in the third quarter of 2025, down from 3.5 percent in the same period of 2024

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GOVERNMENT DIRECTIVES TO UPDATE CUSTOMS PROCEDURES AND IMPLEMENT ASYCUDA AT ALL PORTS OF ENTRY

The head of the Border Ports Authority, Lieutenant General Omar Adnan Al-Waili, stressed on Saturday the importance of successfully implementing governance and sustaining development and modernization projects, which will contribute to facilitating trade and improving procedures at border crossings.

A statement from the Border Ports Authority said, “Al-Waili chaired an emergency meeting that included the directors of the border ports and customs centers, in the presence of the Director General of the General Authority of Customs, Thamer Qasim Dawood, the director of the ASYCUDA program in customs, in addition to a representative of the Federation of Chambers of Commerce.”

The statement explained that the meeting discussed the recommendations of the committee of Diwani Order No. (613) of 2025, especially regarding the new pricing, deduction of tax through the ASYCUDA system, as well as the application of the pre-customs declaration system to all goods entering the country starting from January 1, 2026.

He noted that the Director General of Customs provided a detailed explanation of the procedures that customs centers must implement directly, stressing the need to adhere to accuracy and responsibility, prevent any cases of manipulation, and work to maximize revenues.

The meeting also included a presentation by ASYCUDA Program Director Mohammed Mazen, during which he reviewed the mechanisms for implementing the advance customs declaration, instructions for financial transfers through approved banks, in addition to discussing the private sector’s observations regarding all the recommendations issued.

At the conclusion of the meeting, the head of the Border Ports Authority stressed the need to successfully implement governance and continue development and modernization processes at all border ports, in order to facilitate trade exchange procedures, achieve the public interest of the state, and meet the aspirations of citizens.

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Monday’s Parliament: The “Key” To The Three Presidencies And The Gateway To Drawing The Map Of Power In Iraq

(As I post this article its Monday morning in Germany, the first phase of the appointing the three presidencies is done. See next article.)

All eyes will be on Monday (December 29, 2025) on a parliamentary session described as the most sensitive since the start of the recent political elections, not only because it will put the parliament in control of its presidency, but also because it represents an early gateway to determining the direction of the three presidencies, and an initial test of the blocs’ ability to produce a balanced settlement before moving on to more weighty issues related to the formation of the government, the cabinet, and the course of agreements within the state.

Why is tomorrow’s session crucial?

Rebin Salam, a member of the Kurdistan Democratic Party, said that tomorrow’s session is a historic and pivotal moment in the course of the political process in Iraq, both internally regarding the formation of the cabinet and in taking the first step to determine the three presidencies.

Salam explained in an exclusive interview with “Baghdad Today” that tomorrow’s session is the most complex compared to the rest of the political entitlements, because it is dedicated, according to the Iraqi constitution, to choosing the presidential body of the House of Representatives, and not just the Speaker of the House, indicating that the selection of this body is directly linked to the entitlements of the other components, and is not limited to the Sunni component.

Background to the session: A full presidential body, not just one position.

The sensitivity of the session is highlighted by the fact that it does not decide on a single position, but rather draws up a complete structure within the legislative institution through the election of the president and his two deputies, which makes it a pivotal point for subsequent paths, because the confirmation of the parliament’s presidency often reflects on the form of consensus regarding the other two sovereign positions in the state, and turns the vote into a political signal that goes beyond the parliament hall towards the entire map of power.

According to Salam, the complexity of the session is not due to the names alone, but rather to the fact that the “Presidency Body” is linked to the balances of the components, the arrangements of the blocs, and what it may open up to in terms of mutual demands when moving to the presidency of the Republic and the premiership, which makes any detail within Parliament counted within a broader basket of calculations.

The most prominent issue: First Deputy and Second Deputy

Salam pointed out that the main problem lies in choosing the first and second deputy speakers of the House of Representatives, as they constitute the most prominent obstacle in this entitlement, noting that the position of second deputy is currently occupied by Shakhwan Abdullah, who belongs to the Kurdistan Democratic Party, at a time when it is likely that the position of President of the Republic will be allocated to the Patriotic Union of Kurdistan, which adds more complexity to the scene.

In this context, the issue of the two deputies turns into a double balancing test: a balance within the parliament related to the distribution of influence within the presidency, and another balance related to what will become of the “basket of entitlements” at the state level, especially within the Kurdish house, with the likelihood of the presidency going to the Patriotic Union, in contrast to the Democratic Party’s adherence to its position within the parliament’s presidency.

Other blocs’ positions: Sensitivity to combining positions

Salam added that the distribution of these positions is also linked to the positions of other political blocs, including the Development and Reconstruction bloc, which does not tend to combine the premiership and the first deputy speaker of parliament within one political entity, which makes the consensus process more complicated and sensitive, because the dispute here is not about one position in isolation from others, but rather about the shape of the balance within the authority, and the limits of concentrating the decision in one entity.

What will the session reveal?

Salam concluded by saying that the outcomes of tomorrow’s session will reveal the features of the next stage and clearly define the political path for the other two sovereign positions in the state, namely the presidency and the second position in the Iraqi power pyramid, indicating that what will happen inside the parliament will not remain limited to electing the council’s leadership, but will turn into an indicator of the direction of future settlements, either the beginning of a smooth understanding process, or the beginning of a complication that extends to the rest of the entitlements.

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THE HOUSE OF REPRESENTATIVES ELECTS HEBAT AL-HALBOUSI AS ITS SPEAKER.

The voting process to elect the Speaker of the House of Representatives has concluded.

The Media Department of the House of Representatives announced today, Monday, the end of the voting process to elect the Speaker of the House of Representatives.

The media office said in a statement received by Al-Furat News, “The voting process to elect the Speaker of Parliament ended a short while ago.”

The oldest member of parliament, MP Amer Al-Fayez, had announced earlier on Monday the start of voting to elect the Speaker of the House of Representatives, with the candidates for the position being:

1. MP Amer Abdul-Jabbar

2. MP Salem Al-Issawi

3. MP Hebat Al-Halbousi

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PARLIAMENTARY DIVISION PRECEDES SWEARING-IN SESSION; VOTE ON PARLIAMENTARY SPEAKER ENTERS A PHASE OF CONTROVERSY.

A parliamentary source revealed on Monday that there is a clear division within the Iraqi parliament, ahead of the swearing-in session, regarding the election of the parliament’s leadership.

The source told Shafaq News Agency that “a number of MPs from political blocs, especially within the coordination framework, do not intend to abide by the directives of the heads of blocs and parties regarding voting on the candidates for Speaker of Parliament and his deputies, which threatens an undisciplined vote during the session.”

He added that “the division is not limited to the House of Representatives, but also extends to the National Political Council and the Coordination Framework, where positions regarding the position of Speaker of Parliament are divided between a group that supports Hebat al-Halbousi, and another that supports Muthanna al-Samarrai.”

The source indicated that the disputes also extend to the position of First Deputy Speaker of Parliament, particularly within the coordination framework, as the following are competing for the position: Yasser Al-Maliki, candidate of the State of Law Coalition; Adnan Faihan, candidate of Asaib Ahl Al-Haq and current Governor of Babylon and winner in the elections; Mohsen Al-Mandalawi; and Ahmed Al-Asadi, candidate of the Reconstruction and Development Coalition and current Minister of Labor and Social Affairs.

He explained that “the competition for the position of second deputy speaker of parliament is limited to two candidates, namely Shakhwan Abdullah from the Kurdistan Democratic Party, and Ribwar Karim from the Position Bloc,” indicating that “the majority of the deputies of the political blocs tend to renew confidence in Shakhwan Abdullah to assume the position.”

The Iraqi parliament is scheduled to hold its first session on Monday, its sixth session, which includes two items on its agenda: the first is the swearing-in of the new members, and the second is the election of the Speaker of Parliament and his two deputies, according to a statement issued by the parliament’s media department.

The Presidency of the House of Representatives consists of a Speaker and two Deputy Speakers, who manage the legislative sessions and organize the work of the Council. According to the political traditions followed after 2003, the position of Speaker of Parliament is allocated to the Sunni component, the First Deputy Speaker to the Shiite component, and the Second Deputy Speaker to the Kurdish component.

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LAUNCHING THE 2026–2028 SECURITIES STRATEGY TO TRANSFORM IRAQ INTO A REGIONAL FINANCIAL CENTER

On Monday, the head of the Securities Commission, Faisal Al-Haimas, announced the imminent launch of the commission’s strategy for the years 2026–2028, in a move aimed at transforming the Iraqi stock market into a leading regional financial center.

Al-Humeis explained in a statement today that the new strategy is based on comprehensive digital transformation, diversifying investment tools, deepening liquidity, attracting foreign investments, in addition to enhancing transparency and protecting investors’ rights.

He stressed that this strategy is in line with the government’s directions towards economic reform and revitalizing the financial sector, indicating that the Authority will work to implement its phases according to well-studied timetables and in cooperation with local and international partners in order to ensure a qualitative leap in the performance of the Iraqi financial market.

(😊 I certainly hope this strategy includes the reinstatement of the Iraq dinar.)

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SOURCES CLOSE TO THE WHITE HOUSE: TRUMP’S ENVOY NOW HAS A CLEAR PLAN FOR THE PRIORITIES OF DIALOGUE WITH THE NEW IRAQI GOVERNMENT.

Sources close to the White House said that US President Donald Trump’s envoy to Iraq, Mark Savaya, will visit Baghdad and Erbil in the north of the country early next year, in his first visit since his appointment, explaining that Savaya now has a clear plan for the priorities of dialogue with officials of the central government in Baghdad and the Kurdistan Regional Government of Iraq.

Sources close to the White House explained that Savaya’s meeting with Trump at the president’s family resort in Florida focused particularly on the Trump administration’s demands of the Baghdad government, especially after a number of Iraqi Shiite factions announced their willingness to relinquish their weapons and place their arms and personnel under the authority of the central security forces in Baghdad. However, the process is not yet complete, due to the refusal of at least two factions and several Shiite elements to accept the new reality.

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TEHRAN WELCOMES IRAQI MEDIATION FOR NEGOTIATIONS WITH WASHINGTON

Iran’s Foreign Ministry on Monday welcomed Iraqi mediation to revive bilateral negotiations between Tehran and Washington.

Iranian Foreign Ministry spokesman Ismail Baghaei said that Iraq’s interest and role in issues related to peace and stability in the region is appreciated, while stressing that launching any negotiation process between Iran and the United States requires a genuine commitment from the parties involved to the norms and etiquette of negotiation.

Baqai explained that “the concern of our friends in Iraq regarding regional stability, just as Iran is concerned about the stability of its surroundings, is something that deserves praise,” noting that Iraq, as a neighboring, Muslim, and friendly country, is keen to follow developments in the region.

In response to a question about Iraqi Prime Minister Mohammed Shia al-Sudani’s statements regarding seeking a bilateral meeting between Tehran and Washington in Baghdad, as well as media reports about new American attempts to open channels of negotiation with Iran, the Foreign Ministry spokesman said that Tehran “has always welcomed the good offices of countries in the region to help reduce tensions.”

Baqai stressed that the experiences witnessed in the region during the past five or six months have clearly shown that “starting any negotiation process requires the parties to adhere to the rules of negotiation,” emphasizing that “as long as these conditions are not available, talking about the formation of a realistic negotiation track remains inaccurate.”

He noted that Iran is “committed to diplomacy as a tool for defending national interests,” stressing that Tehran “will not hesitate to use this path whenever it sees it as an effective and worthwhile tool.”

Outgoing Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Saturday evening that there were “current” efforts to hold negotiations between America and Iran in the capital, Baghdad, during a televised interview with the Lebanese channel “Al-Mayadeen”.

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The upcoming arsenal of sanctions

TRUMP’S FORTUNE TELLER PROMISES IRAQIS “DAYS THEY HAVE NEVER SEEN BEFORE,” AND THE FACTIONS RESPOND FROM PARLIAMENT: “WELCOME TO DEATH!”

As the Iraqi parliament held its first session, electing a deputy speaker affiliated with the factions, Washington was simultaneously outlining an unprecedented punitive strategy. Former Trump advisor Gabriel Souma, described as an “expert on the inner workings of the White House and Trump’s policies,” went so far as to warn of a potential moment when Iraqis might find themselves buying the equivalent of one dollar for “five bags” of Iraqi dinars. Between this catastrophic scenario and a parliament where a member of Kataib Hezbollah declared his “loyalty to the Popular Mobilization Forces” and vowed to pass the PMF law despite Washington’s opposition, Iraq appears to be heading toward a difficult test: an economy beholden to the dollar and a legislative body openly defying American demands.

Gabriel Souma: The prophecy of sanctions and the potential “night of collapse”

Gabriel Souma is not merely a political commentator; he has long been presented as a professor of international law and an expert on Middle Eastern affairs. He served on President Donald Trump’s advisory team during the previous term and participated in sensitive discussions concerning the legality of US strikes in Iraq and Iran, as well as Washington’s financial and punitive policies in the region. When he speaks today in such definitive terms about “unprecedented measures” that Iraq will face if Mark Savaya fails to implement Trump’s demands in Baghdad, he is reflecting the prevailing mood within the president’s inner circle more than offering a cold, academic analysis.

When Souma says that Savaya “represents Trump 100%, and 99% is unacceptable,” he is outlining the limits of his mandate: a special envoy with no room to maneuver outside the rigid script, at a time when the White House is brandishing options ranging from strangling dollar channels through the Federal Reserve, to broader restrictions on the banking and energy sectors, culminating in a near-siege if Baghdad decides to fully align itself with the factions. This posturing is consistent with the general trajectory of Trump’s current strategy toward Iraq and Iran, which relies on escalating sanctions and financial pressure rather than large-scale military engagement, while using the threat of cutting aid and reconsidering oil waivers as a continuous bargaining chip.

In this context, the image of “Iraqis buying one dollar for five bags of Iraqi currency” is not so much a literal economic prediction as it is a crude metaphor for the possibility of an exchange rate spiral out of control and a collapse in purchasing power, if Washington decides to use its entire arsenal of financial pressure all at once against a country that depends almost entirely on the dollar to finance its trade and banking system.

Mark Savaya: Envoy of the tough deal between the White House and Baghdad

Mark Savaya himself is not a traditional diplomat. An Iraqi-American businessman of Chaldean descent, he rose from the retail and medical cannabis industries in Michigan to become Trump’s special envoy to Iraq in October 2015, a move widely interpreted as a shift by the president toward “deal-making diplomacy” rather than classical diplomatic hierarchy. His writings and public pronouncements reveal a clear inclination to use economic and financial tools to reshape the relationship with Baghdad: encouraging investment and infrastructure development on the one hand, and linking any concessions or exemptions to Iraq’s commitment to curbing the influence of Iran and its armed factions on the other.

From this perspective, Savaya becomes a dangerous link: if he succeeds in persuading Iraqi political forces—especially the Shia ones—to accept a “settlement” that subjects the factions to state authority and freezes any move to legally enshrine them as a parallel power, the specter of maximum sanctions may recede. However, if he fails, as Souma warns, the very mandate he carries from Trump could easily be transformed into an indictment against Baghdad before the American sanctions machine.

A parliament with a declared populist bias… when the logic of defiance prevails

In contrast, the factional forces are acting as if they are seizing a moment of power within the new parliament. The election of a first deputy speaker from one of the Shiite armed groups, classified by the US as an “Iranian-backed group,” has raised clear concerns in Western analyses, which saw this move as a message that the Baghdad legislature is leaning more towards the Popular Mobilization Forces camp, at a time when US pressure is mounting on the issue of the Popular Mobilization Forces and its laws.

At the heart of this mood comes the statement by MP Hussein Mounes, leader of the “Rights” movement, which is close to Kataib Hezbollah, who frankly declared that “Parliament is biased towards the Popular Mobilization Forces” (PMF), and that the PMF law will be passed this time despite American reservations. This is a reference to the law that Washington sought to obstruct in the previous parliamentary session through direct pressure on the Prime Minister and the leaders of influential Shiite blocs. Hussein Mounes himself is not an ordinary name; he has been presented for years as the political face of Kataib Hezbollah and a contender within the Shiite political establishment for the representation of a “resistance” that sees its full institutional integration within the state as a guarantee for the continuation of its armed-political project.

The most vehement pronouncements come from within other alliances close to the factions, where Badr Organization MP Abu Turab al-Tamimi declares, “We are not concerned with pressure. We are 90 MPs, and we don’t care about America or what it wants. If it threatens us with death, then so be it.” This rhetoric, with its defiant tone, expresses a firm conviction among a segment of the political class that any retreat on the issue of the Popular Mobilization Forces (PMF) would constitute a strategic concession to both Washington and Tehran, weakening these forces’ ability to assert their share in both the state and the economy.

The crowd control law: between Marco Rubio’s message and the new “pass promise”

The clash over the Popular Mobilization Forces (PMF) law is not new, but its current level is different. When the draft “Law on Service and Retirement for the Mujahideen of the Popular Mobilization Forces” was introduced in 2025, along with subsequent proposals to regulate the PMF, the issue became one of the most sensitive between Baghdad and Washington. Leaked US messages and phone calls revealed direct warnings from Secretary of State and National Security Advisor Marco Rubio to Prime Minister Mohammed Shia al-Sudani, stating that passing the law would be interpreted in Washington as “formally enshrining the influence of Iran and its factions” within the state structure, with the threat of sanctions targeting the energy and security sectors and potentially a review of military and financial aid.

Under this pressure, and with internal division even within the Shiite bloc regarding the timing and form of the law, the government withdrew the draft from the parliament’s agenda at the end of the summer of 2025, after weeks of postponed sessions and sharp disagreements, in a scene that looked like at least a tactical American victory, and a postponement of the final clash rather than a real settlement.

Today, when a member of parliament close to Kataib Hezbollah declares that parliament, given its current leanings, “will pass the Popular Mobilization Forces (PMF) law,” he is effectively pledging to reopen the same issue, but from a position of numerical strength within parliament and with political momentum stemming from the election of a new president and a shift in the balance of power within Shia alliances. This pledge is not interpreted in Washington as a technical legal dispute, but rather as a direct test of the seriousness of Trump and his team’s threats, just as it leaves his envoy, Savaya, a narrow margin for negotiation before these “pressure tactics” become a reality.

The potential dollar war: from the weapon of sanctions to the nightmare of the street

What Soma is threatening in terms of “unprecedented measures” does not come out of thin air. Over the past few months, Washington has sent more than one indication of its readiness to use the economic weapon gradually and extensively against Iraq: issuing warnings about mixing Iranian funds with the Iraqi financial cycle, talking about a series of escalating sanctions on factions, figures and banks under the umbrella of a new presidential memorandum, and threatening to restrict Iraq’s access to the dollar if it continues to harbor groups that Washington classifies as “terrorist organizations” or “arms of the Revolutionary Guard”.

In a worst-case scenario, one can imagine a package of measures beginning with tightening restrictions on the currency auction and correspondent banking transfers, moving through the inclusion of new Iraqi banks on sanctions lists, and culminating in reducing exemptions for importing gas and electricity from Iran, and perhaps even reopening the file on “partial sanctions” on specific sectors—a modified version of the 1990s experience, but with more precise and less publicized financial tools. In such a scenario, the image of “five bags of Iraqi dinars for one dollar” becomes an exaggerated expression of a possible reality: a sharp collapse in the value of the dinar, inflation that devours salaries, and a middle class that vanishes within a few months.

Conversely, the Popular Mobilization Forces and their allies are betting that Washington cannot go so far as to impose a complete blockade, because Iraq remains essential to global energy markets and regional stability, and any total collapse would create a vacuum that would be exploited by powers rivaling the United States, from Iran to China and Russia. However, this bet, while containing a degree of geopolitical realism, overlooks the fact that what the Trump administration is currently threatening are sanctions “broad enough to discipline Baghdad, without reaching the point of its complete collapse”—a level that alone would be sufficient to cause an unprecedented social and economic shock in a country that has barely emerged from the currency crises of recent years.

From the slogan “Welcome to death” to the question: Who pays the price?

In the end, the scene as it appears today looks like a race towards the brink. A Trump advisor is waving before the Iraqis the image of an economy collapsing overnight if the factions are not disarmed according to American conditions, a special envoy has a full mandate to conclude a harsh “deal” with Baghdad, a new parliament whose leaders boast that their “inclination is towards the Popular Mobilization Forces” and that they are ready to pass the Popular Mobilization Forces law defying Washington’s pressure, and a deputy sums up the mood with a speech: “We don’t care about America… If they threaten us with death, then welcome death.”

Amid these slogans and threats, the voice of the only party that has no real choice is absent: the Iraqi citizen who will wake up, in the worst-case scenario, to eroding salaries, collapsing purchasing power, a frozen labor market, a country caught between Washington and Tehran, and a parliament negotiating the future of weapons while the currency plummets.

The question that arises here is not only: Will Trump really dare to push Iraq to the brink of economic collapse if Parliament deliberately enshrines the Popular Mobilization Forces by force of law? But also: Do ​​the “Popular Mobilization Forces” within the Parliament realize that their bet on challenging Washington to the end may make the slogan “Welcome to death” approach people’s daily lives, not as a choice of resistance, but as a reality of poverty, deprivation, and a dead end?

At a moment like this, it seems that Iraq is indeed standing on a sharp dividing line between the “dollar war” and the “war of laws,” where a single signature in the White House, or a single vote under the dome of Parliament, may determine the course that the coming years will take: a difficult and painful path of settlement, or an open path of confrontation, the price of which will be paid first and foremost by the Iraqi street.

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TRUMP’S ENVOY BEGINS 2026 WITH A STRONG MESSAGE TO THOSE WHO “WROUGHT HAVOC IN IRAQ”: YOUR TIME IS UP. HE OUTLINED A LIST OF 18 OBJECTIVES.

Mark Savaya, US President Donald Trump’s envoy to Iraq, sent a congratulatory message to the Iraqi people on the occasion of welcoming the year 2026, in which he expressed his wishes for peace, unity and renewed hope.

In his message, which he published in Arabic and English via his account on the X platform, Savaya said: “To the people of Iraq, as we welcome the year 2026, I extend to you my sincerest wishes for peace, unity, and renewed hope. Your strength and resilience are an inspiration to the world,” adding that “the new year will bring better opportunities, stability, and a brighter future for all Iraqis.”

The US envoy affirmed that work will continue with the government of the Republic of Iraq within the framework of the Iraqi constitution and law, in order to secure a bright future for Iraq and its people, expressing his hope that 2026 will be the year of the end of instability, the plundering of the country’s wealth, poor services, uncontrolled weapons, smuggling, unemployment, militias, money laundering, corruption, poverty, foreign interference, and all other manifestations of injustice and circumvention of the law.

He added that this message is directed “to those who have spread corruption in the land of Iraq,” stressing that “your time is over and the time of Iraq and the Iraqis has begun,” and emphasizing that Iraq will remain a flag raised high and a source of pride for all its people.

Savaya concluded his message by saying, “We are still at the beginning.

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MP: THE CURRENT PARLIAMENT WILL ENACT IMPORTANT LAWS, MOST NOTABLY THE ONE CONCERNING THE POPULAR MOBILIZATION FORCES

MP Hassan Shaker confirmed on Thursday that the upcoming period will witness the passage of a number of important laws within the Council of Representatives, foremost among them the Popular Mobilization Forces (PMF) Law, noting that these laws represent a top priority for the new parliament. 

Shaker told the Information Agency that “Parliament will work to pass laws that serve the segments of society that have made sacrifices, foremost among them the PMF and the security forces,” explaining that “enacting these laws will strengthen the rights of the fighters and grant them privileges commensurate with the magnitude of their sacrifices.” 

He added that “the Council bears a great responsibility in completing these laws, along with other reform and service-oriented laws,” stressing that “their passage will constitute an important step in strengthening political and social stability.” 

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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

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:

December 23, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. Militia: Savaya, “statements alone are not enough”, Iraq will have to show a change in good faith, if even just a beginning.

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 December please reconsider.

 Let’s all try to chip in!

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Matthew 7:11

“If you then, being evil, know how to give good gifts to your children, how much more will your Father who is in heaven give what is good to those who ask Him!”

More news….

IRAQ’S GOLD RESERVES REACHED THEIR HIGHEST HISTORICAL VALUE… AND WARNINGS WERE ISSUED AGAINST USING THEM TO COVER THE FINANCIAL DEFICIT.

In economic observatory announced that Iraq’s gold reserves have reached historic levels, amounting to approximately $23 billion and 64 million, warning against using them to solve the country’s financial deficit crisis.

The observatory explained that “Iraq’s total reserves of 170.9 tons are currently equivalent to $23 billion and 64 million, which is the highest level that the value of gold reserves has reached in the history of Iraq.”

STATUS OF THE RV

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If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is mid-December and the CBI may still go ahead with removing the zeros in time for a January release or in January. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

There is much more evidence than not that everything is pointing to early 2026 for them to normalize the dinar and place it back on FOREX to trade. Today we put together yet more evidence, again.

So much news this period and it was hard to keep up with it. There is so much real optimism and VERY GOOD news for Iraq and yet there is still lots of propaganda news. This propaganda is all silly stuff authored by silly economists about Iraq. If you notice the news articles of this type they often talk about Iraq having massive debt. Really- massive debt? Where is all this debt I have to ask? Is it owing contractors for their dues? Is it unpaid salaries to the citizens? No, it is none of these. It is in FACT not debt but future liabilities I think perhaps they are talking about and this is much different. So maybe the translation from Arabic to English changes the meaning? Of course, there are liabilities and that is the rentier economy we read about so often. This is the point of getting off of oil as the sole sources of revenues. But we all know about this move and it is realized and is in the state of being corrected. But Rome was not built in a day…. Lol… lol… lol. 😊.

Many of these economists also don’t want to mention the ongoing projects such as the Development Road Project, the port of Faw or the reopening of the Cyan oil pipeline that can almost double the oil revenues. Oh…. did I mention the Customs and Tariff revenues? Some of these projects and more at the implementation phases and some are generating real revenues already with potential for more, massive amounts. So, what’s so wrong with that?

So, they don’t talk much about POTENTIAL. Why is this? Most of these projects are recent within the last four years and take time to come to full capacity for revenue generation for the federal government. These projects will lessen the liabilities as they will take jobs away from the government and place them in private industry. This will lessen the payroll files and it will also lessen govt pensions. It is a slow process. So, you see it all works together and are interconnected, and I have not even begun to mention the natural resources available that is also in the making to be marketed soon, very soon! I will leave it to the “gatekeepers” of Iraq and the CBI to decide when to reinstate the dinar based on all these new developments. They are now all concurring the time is ripe now.

So, seriously where did these Iraqi economists get their education from anyhow? Why so short-sided in their research? Yes, it is disheartening when you read these silly articles from these economists. I have made up my mind to pass over these silly articles and go directly to the progress of Iraq and instead tell the TRUE story of Iraq. As investors in the Iraqi dinar, we need to hear optimistic and truthful news and it is all optimistic let there be no mistake about it. Please go read the recent article titled “RESEARCH CENTER: IRAQ IS AT A PIVOTAL MOMENT TO ADDRESS ITS ECONOMY AND REVIVE THE PRIVATE SECTOR.”

You might also want to take a peek at the article titled “THE IRAQI ECONOMY IN 2025: PIVOTAL TRANSFORMATIONS BETWEEN AMBITION AND CHALLENGES”. It is a very long read, but addresses so much about the Iraqi economy and where it is going. It is not decades but maybe just a few years at most. The reinstatement will help them to get there. Remember I told you that at some point the pressure will build with all the progress Iraq is making. I did not know this point and can only rely on what my contact in the CBI along with the articles were telling us. They are telling us NOW IS THE TIME!

If you have been following this RV saga all along, you know that the stashes of currency in the homes of the citizens is at a crisis level. The govt doesn’t want to do much about this concern but the CBI has mentioned it many times already. So, in today’s news we get yet another article on this topic titled “THE TORN CURRENCY: BETWEEN THE FAILURE OF PAPER CIRCULATION AND THE DELAY OF DIGITAL TRANSFORMATION”. I quote from the article – “The torn currency reveals a deeper flaw than the tearing of the paper, as it shows a cash management crisis, a delay in automation, and a weakness in replacement mechanisms, which makes the citizen the weakest link between banks that refuse, a market that punishes, and digital solutions that are not yet complete.”

“No one will take it from me,” Zainab al-Khafaji, a government employee, whispered to herself, her voice thick with despair, as she strolled through the shops of Baghdad’s upscale Mansour district. She clutched a five-thousand-dinar note that looked as if it had been through a war; it was tattered, its edges torn, and held together with a makeshift piece of tape.”

As worn-out paper currency, especially the small denominations (250, 500, 1000, 5000 dinars), has become a financial and psychological burden, a crisis. So, let’s go deeper into this issue. Why hasn’t the CBI issued newer notes to replace them? Why not spend the money and order newer notes? This is a question I have asked my CBI contact in Baghdad. Here  is what she told me:

She told me the CBI has plans to limit the paper currency at this time, implement the digital project and does not want to issue any more in circulation. There are newer, plastic notes, with more security features coming out as part of the lower denominations. She said to remember that the 100, 250 and 1000 notes are going to stay in circulation in the public. The goal is to bring the monetary mass down by 2/3. She them told me the digital project was targeted along with the roll out of removing the zeros for December 1^st but delays occurred. These delays were mostly accountable because of two reasons: 1. the digital platform was not yet technically ready and 2. there was a matter of the elections and Iranian influences in the government that had to be resolved.

I then asked for a new target and my contact told me there is a target of December 29^th if these two reasons for delay can be resolved. Soon after I ended my call to Iraq out popped news in this article  “OFFICIALS: AMERICA DEMANDS THAT ARMED GROUPS NOT BE INCLUDED IN THE NEW IRAQI GOVERNMENT”. This news was nothing new but the timing….just saying….More than a month has passed since the elections for the sixth session of the Iraqi Council of Representatives, and the Shiite, Sunni and Kurdish leaders are still in the midst of negotiations to form the new government, without the features of this government yet appearing. Everyone was waiting for the results to be ratified by the Iraqi Federal Court, which ratified them last Sunday, December 14, 2025, after which the constitutional deadlines for forming the government would begin. Although these deadlines were not adhered to in some previous sessions and the formation took longer than specified by the constitution, American pressure is now emerging on Iraq to prevent the inclusion of the political wings of armed groups in the government.

What does America want? Given its ongoing role and influence in Iraq for over two decades, the United States expects the new Iraqi government to be free of armed groups

😊So, also out popped yet another article titled “ZIDANE: THE PARLIAMENTARY SESSION ON DECEMBER 29TH WILL DECIDE ON THE PRESIDENCY OF THE COUNCIL AND CANNOT BE EXTENDED.” – “The head of the Supreme Judicial Council, Faiq Zaidan, confirmed that the session of the new House of Representatives scheduled for December 29 must end with the appointment of the Speaker of the Council and his two deputies, noting that it is not constitutionally or legally possible to postpone or extend it.” If you recall the procedures for Iraq to form the next government, once the new speaker is appointed he then announces the new prime minister and so this all should happen very quickly once parliament is formed and operatable. Of course the U.S. will also have its hand in selecting the new prime minister as al-Sudani did get the majority of the citizens’ votes. The U.S. will not let some Iranian influence take a second term away from Al-Sudani.

So, I am reading all this news about the election and the Iranian militias feeling kind of low that the CBI target might get pushed even beyond December 29^th when out pops this article titled “SAVAYA IS PLEASED WITH THE FACTIONS’ MOVEMENTS AND STIPULATES A COMPLETE AND IRREVERSIBLE DISARMAMENT.” In the title is also reiterates that “Statements alone are not enough.” We all know Iraq is good at making promises and then not carrying them out. Yeh….didn’t we read more than 6 months ago an article about disarming the militias in Iraq. So what happened to that? Why is the government still even faced with this challenge today, so close to the elections and the RV?

Here is the shocker article for today – Upon Mark Savaya, US President Donald Trump’s envoy to Iraq, visit this week the Iraq militia groups welcomed the move to disarm and positive statements were made by some Iraqi armed groups toward disarmament, considering it an encouraging development that responds to calls from religious authorities. WOW! This is exactly what we wanted to hear. We needed Iraq to make the choice of disarmament and not to force it. 

However, Savaya stressed that statements alone are not enough, calling for a comprehensive and irreversible disarmament process implemented within a binding national framework that enshrines the state’s monopoly on the use of force.

Savaya also warned that Iraq stands at a critical crossroads between consolidating sovereignty and stability, or remaining trapped in a cycle of disintegration and uncontrolled weapons. It appears to me that Iraq has chosen the high road and will comply with the U.S. mandate for disarmament. These reported steps taken by some Iraqi armed groups toward disarmament are a welcome and encouraging development. This represents a positive response to the persistent calls and aspirations of our religious authorities and esteemed scholars and leaders.

Savaya then expressed his deepest appreciation and gratitude for their wisdom, moral leadership, and principled guidance, which continues to serve as a guiding compass for the nation. BUT…..at the same time, statements alone are not enough. Disarmament must be comprehensive, irreversible, and implemented within a clear and binding national framework. This process must also include the complete dismantling of all armed groups and ensure an orderly and legal transition of their members to civilian life.

Savaya also reminded Iraqi officials that according to the Iraqi Constitution and the rule of law, no political party, organization, or individual has the right to possess or operate armed formations outside the authority of the state. This principle applies throughout Iraq without exception. The exclusive authority to bear arms and use force must remain solely with the legitimate federal and regional institutions entrusted with organizing, commanding, and managing the armed forces to protect the Iraqi people and defend the country’s sovereignty.

DID YOU HEAR THE FANTASTIC NEWS?

As investors our worries about these militias could be over. I am very glad that the U.S. is standing up to Iranian influence in Iraq after all we did not sacrifice our soldiers for nothing in getting rid of Saddam Hussien. Was all this fuss over oil really worth it? I say this sarcastically as we all know it is as the demand for oil continually increases around the globe. Also with the increases in non-oil revenues, Iraq will not be able to divert some of this oil revenues (very little when compared) to allow for these oil credits to be cashed in over time. So, what we experience in this investment is a series of events that are all interconnected and can not stand alone. There is a plan being carried out.

Personally. I believe that if these militias must show some sort of ‘good faith’ disarmament in the coming days or week, the U.S. might be satisfied with this mandate they have made to Iraq. Remember “Statements alone are not enough.” However, we don’t know what will happen and December 29^th is just a week away. Personally, I also believe that the CBI wants to begin to conduct the removal of the zeros right around this timeframe and so we will see what happens. Remember that the GOI is playing catch up. My CBI contact also told me on my call over the weekend to Iraq that we will see articles about the removal of these larger three-zero notes and the swap out. She told me we already should have witnessed much recent news about the removal of the zeros and so pay close attention. She also said the CBI site will be updated with pictures of the newer lower denominations soon once the trigger is pulled to begin. She also warned me that the swap out may not occur exactly as we all think. She said there are NOT going to be big lines at the Iraqi banks to exchange, or huge celebrations with fireworks and music….she laughed at how silly many U.S. investors perceive this event, when it does occur. I concurred with her feedback as I too believe that these idiot so-called, self-proclaimed intel gurus in the U.S. have commercialized this entire ordeal and made it much more complicated that it really is going to be.

There is more promising news to tell today. I am not over yet! 😊

😊In the article titled “THE TRUMP ADMINISTRATION IS CHANGING THE RULES OF WAR IN IRAQ: A SOFT POWER STRATEGY TO WRITE A NEW CHAPTER.”  The title of the article speaks volumes of the Trump administration towards Iraq. Remember almost a year ago I said we just had to sit tight and see what this new Trump administration would do towards its foreign policy with Iraq and the middle east in general. Well… now we can read it and its all in black and white. Folks, this is exactly the kind of foreign policy we needed to be hearing from the U.S. This is now a partnership, like when a child steps out of childhood and can now make adult talk with his/her parents. The parent relationship turns to friendship. There are many reasons why this is good for both parties. In this regard I just wanted to bring this section from the article to reinforce this concept:

“From conflict to partnership”

“In this regard, the Prime Minister’s Advisor for Foreign Relations, Farhad Ala’a Al-Din, believes that the decision to cancel the authorization to use force against Iraq represents an important political and legal step, reflecting the fact that Iraq today is a fully sovereign state, and that the stage of war is now a thing of the past.

Alaa al-Din explained to Shafaq News Agency that the decision confirms the shift in the relationship with Washington from a logic of conflict to a logic of partnership and mutual respect, noting that its security implications are represented in strengthening the principle of sovereignty, supporting political stability, and establishing a normal relationship between the two countries.”

😊 😊 In the next article titled “TRUMP ENVOY AND JOE WILSON: WE WILL MAKE IRAQ GREAT AGAIN” we read that Washington – Mark Savaya, President Donald Trump’s envoy, wrote on the “X” platform (formerly Twitter) on Thursday that he met with US Congressman Joe Wilson and it was a “great meeting.” “It was a great meeting with U.S. Congressman Joe Wilson and his team,” Savaya said in his post, adding, “We will make Iraq great again.” Folks can it get any better than this?

😊 One more interesting topic for today includes the article titled “A NEW SHIFT IN CUSTOMS PROCEDURES IS EXPECTED AT THE BEGINNING OF NEXT YEAR.” Again I want you to remember the past (years ago) and what we heard about the ASYCUDA system. We heard that if the GOI can reign in all this revenue into the coffers of the federal treasury this revenue could rival the oil revenues. The needed the internationally used ASYCUDA system to do this. This was NOT just a haphazard statement. It was a projection of the future revenues outside of the oil revenues. It is a huge part of the security away from sole oil revenues. No one, including all these silly economists, that Iraq is not on its way to enormous growth and revenues.  

The General Authority of Customs announced the full implementation of the advance customs declaration system at the beginning of next year, to include all imported goods and merchandise. If you recall a couple recent past articles right around December 1^st, when the CBI announced they would remove the zeros and then later postponed this target. At this time the ASYCUDA system was only partially implemented causing a temporary rise in the parallel market with the dollar. Remember how many of these so-called economic experts claimed the CBI needed to do a devaluation of the dinar. Remember all this nonsense? I am trying to help you understand that things just don’t happen there is a purpose.

So, in today’s article again it is pointing towards the end of the year for full ASYCUDA system implementation, using December as it trial run. Does this coincide with the event we want? Why coordinate these two events? Let’s read on in the article as it tells us why.

He pointed out that “the period from the first until (31) of this month represents a trial phase in preparation for generalizing the system to all goods and merchandise in the federal customs centers, stressing that the Kurdistan Region of Iraq ports are temporarily excluded because they are not linked to the ASYCUDA system adopted by the Authority.” 

Daoud stressed that “the electronic link between customs declarations and the Central Bank of Iraq will directly contribute to reducing currency smuggling and money transfers without corresponding goods.”

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There is not much more to say at this point in time. The visit by Savaya supposedly was very successful and now we wait to see what happens with the Iranian backed militia. Having read my RV Status for this period when do you think the RV will happen?

I wish everyone a Very Merry Christmas and Happy Hanukkah! Let’s see what 2026 brings us. We have never been this close to the RV.

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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.

Today’s Insite: This was kind of a tricky one to bring today for Julie’s prophecy was twofold. First, she refers back to a prophecy words that was given many times from God in 2022 about blood red waters. At the time it seemed weird. The event of the Blood Red Water has now just recently occurred. Here is the proof. WOW! This is a sign of extreme judgement about to take place in that area. Here is the prophecy.

“A Sign: The Blood Red Water In Places Where Extreme Judgement Is About To Take Place”

You can start watching the video at the 9:20 mark.  From many different prophecies

over the last couple years. Today Julie brings these to light again and connects them for us from what just happened in Iran with their blood rain. A sign that God is moving and there is going to be significant change coming. Yes, there is a natural, physical reasoning behind the red water, but this is not the point. God had given a sign years ago in prophecy and this sign has now been fulfilled. What next? Why is this VERY important for us investors to know?

For our investment in the Iraqi dinar this event happened in conjuction with the meeting of Mark Savaya, US President Donald Trump’s envoy to Iraq. It is the timing of the event…get it? Yes, this had occurred before, nothing new about it except the “timing” and the prophetic word for it to occur now.

The meeting resulted and amazingly welcomed the move by some Iraqi armed groups toward disarmament. Yes, I too was shocked as both the results of the meeting and the timing of the Blood Red rain in Iran. Kind of scary if you ask me. Yes, God’s Hand is working in the middle east and we only need to see it and recognize it. This very recent meeting with Iraq is considered a much-needed encouraging development that responds to calls from religious authorities to disarm the militia. However, Savaya stressed that statements alone are not enough, calling for a comprehensive and irreversible disarmament process implemented within a binding national framework that enshrines the state’s monopoly on the use of force. Please see today’s article titled “ SAVAYA IS PLEASED WITH THE FACTIONS’ MOVEMENTS AND STIPULATES A COMPLETE AND IRREVERSIBLE DISARMAMENT.”

All I have left to say is WOW! WOW! WOW! And given to us at a time that we desperately needed to see this come to some kind of conclusion for the RV to happen at the CBI target of January 2026 reinstatement. Go RV!

Then she goes on to give the prophetic word of the day called:

“Dark Secrets Regarding WWII Are About To Be Exposed”

You can start watching this word also at the 9:20 mark. From Dec 14^th.

We must think why now is God giving us these words now of all times since the end of WWII. What happened after WWII with this globalist ideology of the Nazis? Did it continue but now without bullets and bombs? Did they figure out a way to deceive everyone and do it slowly under these stupid narratives i.e. global warming? Is this one of the reasons we are seeing so much chaos in America, Europe and in the Middle East and the world today with this ideology as it still prevails within the United Nations and they are setting world agenda for the present and future?

Is this why they cut off the escalator and the microphone on president Trump’s visit to the UN building when he gave his speech earlier this year? They hate him so much for spoiling their global plans. This will come back to haunt them. For decades now since the end of the war, these globalist elitist have had their meeting within the scope of these Geneva conferences, that you and I are not allowed to know what they talk about. Really? I wonder why? Don’t you think we have a right to know? Of course, they are not going to tell us as if we knew we would surely REVOLT against these policies. But they are instituted in darkness, publishing documents that few see or even know exist. Yet, American presidents have gone along with this ideology way too long. It strips countries of their national heritage and sovereignty rights.

“The Earth Will Shake Like Never Before”

You can start watching the video at the 17:00 mark.  From Dec 13^th.   

I have been waiting for this period of time since the 1980’s when I first read about it in prophecies. The prophecy today coincides with two other prophecies I have heard decades ago. One is by Kim Clement delivered in 2014. The other is in a book called Phoenix Rising by Mary Summer Rain. So, when Julie Green talks about ‘birth pains’ in her prophecy today, my ears opened up, I paid attention. Then you have to listen to Clement’s prophecy to fully understand what Julie and Mary are talking about when God says the earth will be shaken. like never before. I believe this ‘shaking’ part can be viewed in two ways: literal massive earthquakes and the shaking of the corrupt establishment (through more exposure and justice) that finally breaks their backs once and for all.

We are at the end of 2025 and so it is uncanny, almost scary in what is in these prophecies today. I call this a ‘convergence of prophecies’ and I have been waiting for this period for so long. No, I do not welcome it, and I wish it did not have to happen, but it is now here, and God has a purpose for it.

KIM CLEMENT:  A PROPHETIC WORD

“A WARNING THE FOR END OF 2025″

Will we see this prophecy now? We are at the end of 2025 and so is this shaking going to magnify? I think he is talking about Yellowstone National Park and its activity. Geologists say that this area used to be an ancient volcano that could blow and would destroy much of the surrounding area. God says through Julie Green’s prophecy today that God will limit the damage as it has the potential to destroy half of America in full force.

We are now witnessing the fall in the season of fall, that he mentions.

Listen how he talks about December, I believe it is the month we are in right now. God is going to release resources and we shall rejoice.

PROPHECIES FULFILLED—ANTI AMERICAN

We will have to face the radical Muslim communities situated in America sooner or later, but we will have to do something about them. Why not sooner. They have infiltrated America through lack of immigration law enforcement. More evidence that the leaders of these communities want more than to live free and raise families. They want control and power to instill Sharia law. Anyone who apposed it must die. This is their teaching. This is as radical as it gets.  

10 EUROPEAN COUNTRIES FORCING MUSLIMS TO RETURN TO THEIR COUNTRIES OF ORIGIN

You know what…. it is probably a very good thing for them to go back anyhow. This stupid UN idea of mass migration and mixing the countries to a homogenous populations was all crazy right from the beginning. Was it done just to create chaos? The climate and culture in Europe is not suitable for them anyhow. Why don’t they try to fix their own countries instead of coming to developed countries and then trying to make them like the ones they left behind.

MASSIVE INSIDER TRADING

Is there massive insider trading taking place among politicians using information they gain from being on these legislative committees writing legislation the effects all of us?

Is it time to put a stop to this? Do people go into politics to serve or to get rich? 

JUST IN: MINNESOTA FRAUD SCANDAL EXPANDS TO $18B

 Where does this dollar amount stop. The more they dig the more fraud they find.

ILHAN OMAR’S BIRTH YEAR CLAIM COLLAPSES

I am presenting some information of what is going on with Ilhan Omar. I tried desperately not to be bias or racist or even religious. I am trying to just stick to the FACTS and present it. You can decide. The below audio is long, but I assure you not boring. So, if you are truly a TRUTH seeker you should take the time to learn and listen to it.

We have heard a lot of different stories about Omar’s citizenship and loyalties to the U.S., the country she took an oath to when she became a member of congress. This is pivotal to this conversation today. Remember it!

Did Omar even legally claim citizenship in the first place?

Has she even really been a U.S. citizen since age 17 as she claims?

Could she even had been allowed to run for the district representative in the first place?

Why was she put on the ballot?

Why was her citizenship not verified before she was eligible to even run for congressional office in Minnesota? This has been my claim all along.

Why is nobody vetting these people?

Oh…. But we are talking about Minnesota…right?

Was Tim Walz and his administration part of the conspiracy too by allowing all this corruption to occur? Was he intentionally put there as the governor? Is this why nobody checked Omar? They needed this seat in congress.

Maybe there was a much wider conspiracy too, as they had plans to take over many more districts too with all these illegal immigrants pouring in under the Biden. Is this plan now falling apart under the Trump immigration enforcement? Is this partly why they hate Trump so much?

Look at this Omar issue realistically – If your district is loaded down with foreigners, illegals and legals, it is easy to sway them to vote for you, if you are one of them, or at least pretend to feel for them, represent them and their problems. Or do you just use them for a broader political base for activism? This is particularly true for any population not knowing the culture of the country they are immigrating to. They need someone to help them. Now we see this voting tactic being used in the Muslim population with Omar in Minnesota’s 5^th and Tlaib in Michigan’s Dearborn 13^th.  We also witness this tactic with the Spanish speaking immigrant Puerto Rican population in NYC with Cortez 15^th district in the Bronx and Queens. Is this all coincidental?  

The squad originally represented four key figures in democrat politics including Alexandria Ocasio-Cortez (New York)

Ilhan Omar (Minnesota)

Ayanna Pressley (Massachusetts)

Rashida Tlaib (Michigan)
   
In recent years, the Squad has expanded to include:

Jamaal Bowman (New York)

Cori Bush (Missouri)

Summer Lee (Pennsylvania)

Greg Casar (Texas)

 

These members of the squad call themselves “progressive” but time has shown that they are really “activists” pushing their own agenda pretending to care for the people in their district. For instance Omar is more loyal to Somalia and Tlaib Palestine. Even Cortez favors communism over our constitutional republic. Am I making all this up? Take a look at their actions. It is all so obvious. They will always side with the winning side no matter what the consequences. They will try to flip on a dime, if necessary. Mamdani (or whatever the hell is his name ☹) will fall in NYC and with him he will take Cortex down. Watch it play out. She, like the other squad members, are fools. Why? It will be because she affiliated herself with a social communist and went too far on her Puerto Rican day parade in NYC with him. But in her foolishness, she felt secure to do it. So, when the communist mayor can’t deliver, she will go too along with him. Peoples trust can only stretch so far.  

These people are also very greedy people, seeking fame and fortune above all else. They want POWER! Yes, they play the role of the victim and the people in their districts suck it up, as they paint the picture, they are the victims and they are the ‘knights in shining armor’ that are defending them. This is sad as it is a vision of hopelessness not hope, as is the American dream is about hope for a bright future. Instead of bashing long-standing American values maybe they can embrace them to give these immigrants a boost up. Instead, they use the victim card. They get more and more dependent on handouts as freebies not a hand up. This gets votes. This is not what America is all about, but it is what a communist takeover is about. Get it? This is how they do it. First they victimize the people, then convince them the only way out is to revolt. Next they influence the govt to get them some freebies. We see this is in all these riots going on with first Right to Life movement, then BLM and now with ICE. What excuse will they use next to riot and cause social disorder? Does it click yet in your mind what is going on here?  

So, today’s topic about Omar is yet more proof something is not right with these squad members and particular in Minnesota, NYC and Dearborn, our topic of today.

Let’s ask some critical questions:

• Was Omar’s entire Somalian run district a set up right from the get-go under the Obama administration when all these refugees funneling in creating a crisis during his term? Remember most of these tens of thousands of Somalian immigrants under Obama were not vetted either just like the Biden era immigrants were not. This is now being proven and Trump is deporting them.

• Was this a well-planned conspiracy all along to influence our government, as it is shown in retrospect it has disrupted it and has caused immeasurable damage?

• This is the most important question – We need to go no further for evidence and  to keep asking questions about the creation of the DEI in the first place. Was the DEI (diversity, equity and inclusion) department in the U.S. government fostering this kind of radical activist behavior through a nice sounding ‘progressive viewpoint’ and funding. The democrats like to call it “progressive” but this is just a nice sounding term used to manipulate our minds, hoping to grab your attention. These movements are communists and anything but real progress in the U.S. I guess you can call them progressive once you learn they are progressing the U.S. towards more social communism. Oh…. maybe ironically this is what they really intended all along in the use of this term? Yes, they lay it right out in front of our noses only most can’t see it. In reality they are blood sucking vampires, preying on society. These people could not be more anti-American.

Then to what reason did they create DEI in the first place? What was the real reason for stirring up the racial and sexual issues in the U.S.? Was it to artificially create a voting base, a group of woke voters that they can control through your DEI policies and funding? Yes, more dependency on govt funds to control people.

Since the democrats really have no other policies that help the U.S. and its people’s long-standing values and morals, then they decide to change it all and create their own version of reality, thus drastically hoping to change society, and push it in a bad direction which we know the social communists need in order to bring in their version of change. Yes, this was part of their ‘reset’ plan. Not a pretty story to tell your grandchildren.  

Folks, this is your tax dollars going to Somalia illegally. Some of which was found to be even funding a terrorist organization. WOW! The more they dig the more they find. Are they eventually going to tie all this directly to the squad and connect all the pieces? Yes, I believe it will be all connected and the grand conspiracy will come out. Just as we know that there has been a body double for the real Joe Biden, an actor, acting as president. This is why he sucked so bad at the job as president. This actor, was not even a politician. He was a puppet and who was giving the orders? Many of you thought this was crazy talk but just recently Trump too even stated this is the case and so the research/investigations now moves in this direction. Will we shortly learn of this conspiracy too? How deep does all this corruption go? This is mind-blowing!

Then maybe they need to start digging into all the remaining squad members too? What dirt will they find with them?

Be patient when listening to this audio. I found it one of the best that really educated me on the FACTS of what is really going on.

MINNESOTA HOUSING PROGRAM FRAUD: 5 MORE PEOPLE CHARGED

HERE WE GO AGAIN: SOMALI FRAUD IS GROUNDS FOR CITIZENSHIP REVOCATION

EDUCATION SECRETARY UNCOVERING FRAUD IN MINNESOTA

FBI & ICE RAID MIAMI “WHITE COAT” RING

— 67 Dead, $34.2M Fake Drugs, Organs to China. What boggles me mind is why do the democrats fight against Trump and what is being done to stop illegal drugs in the U.S. and from coming into the U.S.?  Are they profiting from it? Is someone kicking back money to them to allow it?

POLITICAL FIRESTORM: RECORDS REVEAL STUNNING NEW DETAILS ON BIDEN-FBI WEAPONIZATION AGAINST POLITICAL OPPONNETS.

Like I have said before the reason why the Biden Administration along with the FBI could not substantiate any evidence or even talk openly about it thus to justify probable cause for a search warrant is that the evidence they were looking for would accuse themselves. They only used the classified document situation as a hoax to justify their actions and look for the files. They were trying to bury the TRUTH by obtaining these files which contain self-incriminating evidence against them. Get it?  Oh… but do you really think Trump would be so stupid as to leave such evidence at his home in Mar-A-Lago? This evidence will come out and is slowly dripping out.

Today we learn what some of these files contained that Biden and Obama sent the FBI to find at Mar-A-Lago.

RESIGNATION NOTICE? – TAMPEX TIM WALZ 

It’s coming! This guy might have been the Vice President of the United States. That’s a frightful thought…. It’s just a matter of time now before the corruption pressures the administration to dump this guy.

MYPILLOW FOUNDER MIKE LINDELL SAYS HE’S RUNNING FOR MINNESOTA GOVERNOR

Yes, he decided to be part of the SOLUTION and not part of the PROBLEM. There is going to be a new wave of politicians, and we can see their character arising out of the ashes left behind by politicians like Walz. We need to PRAY for these people as they rise to power to help this country.

IS THE FEDERAL RESERVE BEING REPLACED?

It’s coming – Scott Bessent reveals what should REPLACE the Fed Reserve. There may be some major changes next spring. Let’s see what happens. Isn’t this exciting?

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. 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.

TRUMP FLOATS ZERO INCOME TAX PLAN STARTING WITH BIGGEST REFUNDS EVER

The Trump administration is slowly rewriting the entire federal tax code.

Give it time as the country will finally realize that with the right-offs half the country does not pay income tax anyhow. It makes common sense that if you keep adding exceptions and eliminate taxes in the tax code, they why even have an annual filing process? Yes, we can see what is happening. A slow methodical breakdown and then replacement of how revenue is to be collected for the federal government in the near future. But these changes will have to get through congress and congress must remain within the conservative power base.

THE TRUMP ADMINISTRATION IS CHANGING THE RULES OF WAR IN IRAQ: A SOFT POWER STRATEGY TO WRITE A NEW CHAPTER.

The US Congress’s vote to revoke the 1991 and 2002 authorizations for the use of military force against Iraq represents a significant shift in the relationship between Baghdad and Washington, after more than three decades in which Iraq’s name was legally associated with a state of open war.

The decision, which was included in the National Defense Authorization Act of 2026, raised fundamental questions about its political and security implications, and the extent of its actual impact on Iraq’s sovereignty, internal stability, and foreign relations.

While the Iraqi government sees the move as the culmination of a long process of restoring sovereignty and ending the legacy of wars, experts and analysts argue that the cancellation does not mean a complete withdrawal of American influence, but rather reflects a shift from the logic of direct military intervention to other tools, security and economic, that may be more influential in the next stage.

sovereign transformation

Iraqi government spokesman Bassem al-Awadi, speaking to Shafaq News Agency, merely referred to the Iraqi Foreign Ministry’s statement as Baghdad’s clear official position regarding the American decision.

The State Department described the US Congress’s vote to revoke the two authorizations as “historic” on Wednesday, December 17, 2025, considering it a fundamental turning point in changing the legal nature of the relationship between the two countries.

The ministry confirmed in a statement received by Shafaq News Agency that the cancellation establishes a new form of relations based on respect for Iraq’s sovereignty, ending the legacy of war, and strengthening the framework of strategic partnership, which sends a positive message to the international community that Iraq has become a safe and attractive environment for investment.

The Iraqi Foreign Ministry stressed that this decision does not undermine counter-terrorism efforts, explaining that the 2001 mandate to combat al-Qaeda and associated terrorist groups remains in effect, while affirming Baghdad’s commitment to developing bilateral relations in a way that serves the interests of both countries and the stability of the region.

From conflict to partnership

In this regard, the Prime Minister’s Advisor for Foreign Relations, Farhad Ala’a Al-Din, believes that the decision to cancel the authorization to use force against Iraq represents an important political and legal step, reflecting the fact that Iraq today is a fully sovereign state, and that the stage of war is now a thing of the past.

Alaa al-Din explained to Shafaq News Agency that the decision confirms the shift in the relationship with Washington from a logic of conflict to a logic of partnership and mutual respect, noting that its security implications are represented in strengthening the principle of sovereignty, supporting political stability, and establishing a normal relationship between the two countries.

A message of reassurance

For his part, security expert Sarmad Al-Bayati considered the decision to have a dual importance, as it carries a clear message to the international community and to the Iraqi interior that the country is no longer threatened by an imminent military danger.

Al-Bayati told Shafaq News Agency that the importance of the decision lies in confirming that Iraq is now safe and does not need foreign military intervention as was the case in previous years, noting that the cancellation gives the Iraqi government momentum and strength in managing state affairs without pressures related to the possibility of using military force.

He explained that the decision contributes to strengthening internal and external stability, and undermines any perceptions or possible scenarios of military interventions by other countries under the pretext of the security situation in Iraq.

military independence

In the same security context, a high-level security source confirmed to Shafaq News Agency that Iraq is increasingly relying on its own capabilities, especially in the air domain, where military operations are managed and airstrikes are carried out under full Iraqi management, with a remarkable development in arming the army.

This comes in light of the announcement by the US-led Combined Joint Task Force on November 5, 2025, that the Iraqi armed forces had obtained full certification to carry out independent airstrikes, after achieving 100% targeting accuracy using F-16 and AC-208 aircraft.

The US Central Command (CENTCOM) said in a statement received by Shafaq News Agency that this achievement is a historic step towards Iraq becoming self-reliant in confronting ISIS, stressing the decline of the organization’s traditional threat and the dispersal of its fighters.

Change tools

For his part, political analyst Ramadan Al-Badran explained that the decision to cancel the mandate is inseparable from the broader American strategy based on avoiding direct military intervention with invasion forces in different parts of the world. Al-Badran told Shafaq News Agency that the lack of need for such authorization in the Iraqi case is one of the reasons for the cancellation, in addition to granting the US president different powers to manage limited tactical operations targeting any threats to the security or interests of the United States or its allies.

He pointed out that one of the most prominent features of this shift is the increasing reliance on small drones, especially in the Middle East, which means withdrawing authorization to use conventional armies without reducing Washington’s ability to act to protect its interests.

This comes in conjunction with the announcement by the US Central Command, at the beginning of December 2025, of the formation of a new task force for attack drones in the region.

alternative economy

From an academic perspective, Haitham Al-Hiti, a professor of political science at the University of Exeter in Britain, found that the cancellation of the authorization to use force against Iraq represents the beginning of a new phase in which the American state of war with Iraq officially and completely ends.

However, Al-Hiti warned, in his interview with Shafaq News Agency, that this shift does not necessarily mean a reduction in American pressure, but rather a shift to the economic and financial sphere.

He pointed out that any future problem between Baghdad and Washington could be managed through sanctions or financial accountability tools, given the United States’ control over important aspects of the global financial system.

He said the decision coincided with the US Department of Defense being granted the authority to reduce security assistance by up to 50%, reflecting a clear trend to focus on economic rather than military dealings.

Al-Hiti concluded that the biggest challenge facing Iraq in the next stage will be economic and financial, in light of population growth, the accumulation of debts, and the problems of corruption and random employment, which Washington is well aware of and seeks to deal with through non-military means.

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RESEARCH CENTER: IRAQ IS AT A PIVOTAL MOMENT TO ADDRESS ITS ECONOMY AND REVIVE THE PRIVATE SECTOR.

 

The “ Center for Research and Strategic Studies ” stated that Iraq needs a “realistic diagnosis of its economic imbalances” in order to implement appropriate reform prescriptions, a step that will not succeed without a strong private sector, instead of relying on the state, which acts as if it is the sole engine of the economy, meaning that the country is facing a “pivotal moment.” 

The Jordan-based “Links Center” said in a report translated by Shafaq News Agency that the Iraqi economy has suffered for many years from a clear paradox: it possesses large financial resources, but its ability to transform these resources into real and sustainable development is weak.

The center explained in its report that the relative financial stability that Iraq is witnessing today does not necessarily mean the soundness of the economic structure, but rather hides behind it accumulated structural imbalances resulting from excessive dependence on oil, the inflation of the role of the state, and the weakness of economic and administrative institutions,” adding that “any serious talk about reforming the Iraqi economy must start from a realistic diagnosis of these imbalances before moving on to reform prescriptions.” 

According to the report, successive governments have succeeded in managing short-term stability by expanding public spending, taking advantage of oil revenues and high cash reserves. However, this approach has created a fragile economy that depends more on oil shocks than on production.

He continued, saying that public budgets have ballooned significantly since 2004, not as a result of growth in the productive base, but due to the expansion of operating expenses, especially salaries and subsidies, which has made the state the largest employer and source of income in the country. This has imposed a constant burden on public finances and limited the government’s ability to direct resources towards long-term investment and development.

The report argued that the economy cannot become a productive economy as long as government employment remains a substitute for real job opportunities in the private sector, adding that reforming the salary scale and linking wages to productivity, along with redefining the role of the state from a direct employer to a regulator and supporter, represents a fundamental step in the path of reform.

The report considered the social support system to be another example of structural dysfunction, explaining that the comprehensiveness of the support, despite its social importance, led to a great waste of resources and reduced the effectiveness of social protection.

He added that reform does not mean reducing support as much as it means redirecting it towards the most needy groups, and linking it to real economic empowerment policies that open the way for work and production instead of permanent dependence on subsidies.

The report stated that the energy sector represents one of the most prominent structural challenges that drain public finances and hinder growth, noting that the huge spending on electricity has not succeeded in providing a stable service, due to imbalances in management, governance and collection. 

He pointed out that the continued flaring of associated gas is a glaring example of mismanagement of resources, as Iraq loses billions of dollars annually that could have been turned into a source of energy, income and job opportunities. Therefore, the report concluded that real reform in this sector requires a comprehensive restructuring, not partial or temporary solutions.

The report continued, stating that Iraq possesses important strengths, most notably monetary stability, high foreign reserves, and low inflation. However, these indicators will remain of limited impact unless they are translated into real growth in the real economy, which requires a radical reform of the banking sector to enable it to finance investment and production, and not just be an intermediary for trading liquidity.

The report concluded by saying that no economic reform in Iraq can succeed without a strong and effective private sector, explaining that the state is no longer able to continue as the sole engine of the economy. 

He added that “what is required is a stable business environment that protects the investor, reduces bureaucracy, and provides clear and fair rules for competition, as the efficient private sector is not a substitute for the state, but rather a key partner in achieving development.”

The “Links Center” report concluded that the Iraqi economy stands today at a pivotal moment. Either the current financial stability will be invested in launching real structural reforms that rebuild the economy on the foundations of production and diversification, or dependence on oil and public spending will continue, with all the future risks that entails. It concluded by saying that “reform is not just a political option, but an economic necessity to ensure stability and development for future generations.”

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AN IRAQI BANK SWITCHES TO THE GLOBAL STANDARD “SWIFT MX”

 (Old news…. )

The National Bank of Iraq announced that it has successfully completed the transition to the new global standard ” SWIFT MX ” for financial messages, in a step that constituted a significant milestone in the bank’s technological infrastructure modernization and enhanced readiness for digital transformation.

The bank said in a statement, “The implementation of this transformation comes as part of the bank’s transition from the old  MT standard to the  MX ISO 20022 model , which is the most advanced, structured and data-rich framework in the global financial messaging sector. The transformation process was carried out across all operational channels with high efficiency and minimal downtime, reflecting the bank’s strong technical readiness, accurate planning, and commitment to providing its services without any significant interruption.” 

He pointed out that “this transformation is an advanced step within the strategic roadmap of the National Bank of Iraq to modernize its systems, enhance its compatibility with global best practices, and provide an advanced digital banking experience for its individual and corporate clients.” 

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THE TORN CURRENCY: BETWEEN THE FAILURE OF PAPER CIRCULATION AND THE DELAY OF DIGITAL TRANSFORMATION

 

12/19/25

The torn currency reveals a deeper flaw than the tearing of the paper, as it shows a cash management crisis, a delay in automation, and a weakness in replacement mechanisms, which makes the citizen the weakest link between banks that refuse, a market that punishes, and digital solutions that are not yet complete.

“No one will take it from me,” Zainab al-Khafaji, a government employee, whispered to herself, her voice thick with despair, as she strolled through the shops of Baghdad’s upscale Mansour district. She clutched a five-thousand-dinar note that looked as if it had been through a war; it was tattered, its edges torn, and held together with a makeshift piece of tape.

Zainab says bitterly, “I don’t know who gave it to me while I was shopping in the crowded market, and when I tried to buy with it again, everyone refused it. Legally it is a national currency, but in the market’s view it is just a damaged piece of paper.”

Crisis of confidence in “small groups”

Zainab’s story is not an isolated case, but rather a reflection of the daily suffering experienced by millions of Iraqis, as worn-out paper currency, especially the small denominations (250, 500, 1000, 5000 dinars), has become a financial and psychological burden.

While worn-out currency is easy to trade in the Kurdistan Region or neighboring countries, citizens in central and southern Iraq face a popular and commercial “veto” on these papers.

Paper currency is subject to rapid deterioration, especially the smaller denominations, due to its frequent circulation and use by children in direct transactions between different shops and markets. This is compounded by the lack of education from the Central Bank regarding the replacement of damaged currency at the bank, which has created an opening for unscrupulous individuals to take a percentage of the money in exchange for replacing damaged currency with new currency, sometimes reaching 50% of its value.

Black market for replacing damaged parts… commissions reaching 50%

This social “unacceptability” of the official currency opened the door for the emergence of a class of “weak-willed” people who exploited people’s needs and administrative complexities.

Due to poor education about central bank procedures, an illegal trade has emerged to exchange damaged currency for exorbitant commissions, sometimes reaching half the value of the amount.

Ali Al-Bahadli, a market owner, says: “Sometimes I have to leave my young son to manage the shop, and some people take advantage of his innocence and pass him quantities of small damaged denominations. At the end of the day, I find myself facing a financial loss for which I am not responsible. The only way out is for someone to come by from time to time and collect this (cash debris) in exchange for deducting a large percentage of its value, sometimes reaching 50%, so that he can later exchange it through his own means at the banks.”

As for Sobhi Hussein, a bus driver, he confirms that the banks themselves are contributing to the worsening of the crisis: “I have accumulated large amounts of 500 and 1000 denominations that are written on or torn. When I tried to deposit or exchange them in the banks, they were rejected outright, which forced me to sell them to exchange offices for a much lower value.”

Economic vision: The solution lies in “automation” and plastic currencies

Economic expert Dr. Hussein Al-Khaqani believes the crisis begins in the banks and ends in the streets. He says, “The central bank is the sole authority for issuing currency, but the refusal of some banks to accept damaged banknotes from merchants generates a defensive reaction from the public, causing them to stop using the currency for fear of losing its value.”

Al-Khaqani proposes a radical solution, which is to impose the use of electronic cards (Visa & MasterCard) on shops and gas stations, stressing that “the real application of automating transactions will reduce the amount of cash circulating manually, and protect the citizen from financial losses in small units.”

Other experts believe that solving this problem does not require additional resources, but rather a clear decision, strict implementation, and genuine coordination between the central bank, banks, and markets.

According to international reports, 15% of the money in circulation globally up to 2024 was printed using polymer material, which clearly contributed to reducing the percentage of torn money in the world.

Central Bank Guide: When to Accept Currency and When to Confiscate It?

Despite the public controversy, the Central Bank of Iraq has clear instructions aimed at protecting the value of the currency, which are as follows: If the banknote is worn out or damaged even though it is not torn and no parts of it are missing, or if the banknote is made up of two parts (different numbers) and its area is close to the area of ​​the original banknote and it is attached with adhesive tape, or if the banknote is attached with one or more transparent adhesive tapes along its length or width, or if the banknote has a cut in more than one corner.

Or if the banknote is defective in printing (in terms of design, size, color, or other security features that a genuine banknote has), or contains stamps or writings that do not affect its external appearance, or if the banknote has lost less than 50% of its area.

However, the Central Bank confirmed the confiscation of damaged banknotes that are not fit for circulation if changes have been made to the external appearance of the banknote as a result of writing, drawing, printing, stamps, or if it contains an adhesive substance, or if the banknote has lost 50% or more of its area, or if it is made up of two parts on one side.

If there is evidence that convinces the central bank that the missing parts of the papers have been completely destroyed, they will be partially or fully compensated.

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AMONG THE MOST PROMINENT SOLUTIONS ARE REDUCING EXPENSES AND SALARIES… AN ECONOMIC EXPERT PRESENTS SOLUTIONS TO THE FINANCIAL CRISIS IN IRAQ

 

On Friday, the head of the “Iraq Future” Foundation, economist Manar Al-Obaidi, ruled out the possibility of non-oil financial revenues replacing oil revenues in covering the expenses of the Iraqi state and the monthly salaries of employees and workers in the public sector in the country.

This came in a post by the economic expert on the social networking site “Facebook” in which he spoke about what is being circulated about the possibility of the country being exposed to a severe financial crisis, according to what media reports indicate recently.

Al-Ubaidi criticized what he called “the proliferation of rosy voices that sell people illusions closer to dreams than to reality,” which claim that money is available, revenues are sufficient for the salaries of all employees, and that the crisis will be resolved as soon as the salaries of special grades are reduced, saying that “this is an emotional speech that is not based on numbers, its goal is to tickle the feelings of the ordinary citizen and numb him, not to be honest with him.”

He added that “the state’s expenditures in the current situation cannot be covered unless the issue of salaries is addressed in a radical and genuine way, and not through patchwork solutions,” noting that “all non-oil revenues, no matter how much they increase, will not be a substitute for oil, and will not cover more than 10–15% of the state’s operational needs.”

Al-Ubaidi pointed out that “there is no resource today capable of compensating for oil,” adding that “everything that is being traded about sulfur, phosphate, silica and others, even if sold as raw materials, will not exceed $300 to $500 million in revenue annually.”

The economist also considered that “talking about strategic industries, from refineries to manufacturing industries, is correct in principle, but not timely,” noting that “these projects need at least five years to become productive, in addition to the availability of huge financing and liquidity that is not currently available.”

He pointed out that “the real problem is that Iraq is not only facing a crisis of revenues and expenditures, but also a deficit in creating a real economy outside of oil.

Al-Ubaidi concluded that “there is no solution without reducing expenditures, boldly addressing the issue of salaries, providing real, not merely slogan-based, support for the private sector, and restoring trade balance with countries away from oil rents.”

He continued, saying, “Anything else is just wishful thinking and a joke on the citizen who is meant to believe that the crisis can be solved with simple measures, while the truth is much harsher and more complicated.”

In March 2021, Mazhar Muhammad Salih, the Prime Minister’s advisor for financial affairs, confirmed in an interview with Shafaq News Agency that the reasons for the economy remaining rentier are due to the wars and the imposition of the economic embargo on Iraq during the past era, and what we are witnessing today in terms of political conflicts has led to the dispersal of economic resources.

The Iraqi state’s continued reliance on oil as the sole source of the general budget puts Iraq at risk from global crises that occur from time to time due to the impact on oil, which makes the country resort each time to covering the deficit by borrowing from abroad or internally, and thus indicates the inability to manage state funds effectively, and the inability to find alternative financing solutions.

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TRUMP ENVOY AND JOE WILSON: WE WILL MAKE IRAQ GREAT AGAIN

Washington – Mark Savaya, President Donald Trump’s envoy, wrote on the “X” platform (formerly Twitter) on Thursday that he met with US Congressman Joe Wilson and it was a “great meeting.” “It was a great meeting with U.S. Congressman Joe Wilson and his team,” Savaya said in his post, adding, “We will make Iraq great again.”

For his part, Republican US Representative Joe Wilson wrote on the “X” platform that he was pleased to host Mark Savaya, the US Special Envoy to Iraq, in his office for a meeting he described as important regarding Iraq.

Wilson, who is known for raising controversial issues and making provocative statements, particularly regarding Iraq and the Middle East, added: “I look forward to working with the Special Envoy to bring prosperity to Iraq and liberate it from Iran,” noting that “there is no one more qualified than him to work on this issue for President Trump.”

US Representative Joe Wilson posted a picture of himself with Trump’s envoy, holding the Iraqi flag, with the American flag behind them and the new Syrian flag beside it.

Shafaq.com

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SUDANI DIRECTS A COMPREHENSIVE EVALUATION AND RESTRUCTURING OF TAX ADMINISTRATION SYSTEMS IN IRAQ

December 18, 2025 

On Thursday, outgoing Prime Minister Mohammed Shia al-Sudani directed that a comprehensive evaluation and restructuring of all tax administration systems in Iraq, including their specific policies, be carried out.

This came during his chairmanship of a special meeting to follow up on the implementation of the comprehensive tax system governance, in the presence of senior staff of the General Authority for Taxes and relevant institutions, and representatives of the consulting firm “Oliver Wyman”, according to a statement issued by the Sudanese Media Office.

The statement said that the meeting reviewed previous efforts to follow up on the comprehensive development of the tax administration sector through reform steps, most notably attracting specialized international companies to work on the integrated automation of tax departments, and a detailed presentation was given to these companies.

Al-Sudani also directed the Supreme Committee for Tax Reform to study the Oliver Wyman program in planning and implementation and to submit a detailed report on it, as this program included an integrated work methodology for reforming and developing tax administration, as a fundamental and pivotal pillar for increasing sustainable government revenues, in order to reach a tax administration that is characterized by transparency and fairness, and contributes to raising Iraq’s financial and investment ranking.

According to the statement, the meeting reviewed a number of similar experiences in Arab countries, the extent of development that has occurred in their work, and the amount of tax increases achieved during the first year of implementation.

Iraq had the highest income tax rate among Arab countries for the year 2024, according to infoflix.

Recent economic data seen by Shafaq News Agency shows that Mauritania topped the list of Arab countries in terms of the highest income tax rates for 2024 at 40%, followed by Morocco at 38%, then Algeria and Tunisia at 35% each. Egypt came in fifth place with 26%, followed by Lebanon with 25%, followed by Syria in seventh place with 22%, while Jordan came in eighth place with 20%. Iraq and Sudan came in last place with 15% each, reflecting a clear disparity in tax policies among Arab countries.

Economic experts believe that the decline in the income tax rate in Iraq is due to ongoing efforts to attract investments and stimulate the private sector, in light of the economic challenges facing the country, especially the heavy reliance on oil revenues.

The tax system in Iraq also continues to face difficulties in implementation and modernization, which affects the state’s ability to maximize non-oil revenues.

At the end of August, Al-Sudani confirmed that Iraq faces a major economic challenge, namely the priority of reform and the transition to a diversified economy, noting that the size of public spending in each fiscal year amounts to about 150 trillion dinars, compared to tax revenues that do not exceed 3 trillion.

In a speech during the tax conference for economic development and revitalizing the investment environment held in Baghdad, Al-Sudani said, “The general budget amounts to about 150 trillion dinars annually, compared to tax revenues that do not exceed 3 trillion, and these figures need to be examined and reviewed.”

He added that “reform decisions in the economic field were previously exploited within the framework of slogans and pressure on official institutions,” noting that “the government sponsored the tax system reform conference in December 2023, which came out with a package of important recommendations.”

He explained that “Cabinet Resolution (24074 of 2024) put the tax reform packages into effect, followed by the formation of the Supreme Committee for Monitoring Tax Reform,” indicating that “the efforts resulted in international interest from investors in tax reform in Iraq.”

Al-Sudani added that “the government worked to increase non-oil resources despite great caution due to the absence of a supportive political and social environment,” noting that “the index rose from 7% in 2022 to 14% in 2024.”

He noted that “tax revenues increased by 26% during 2024 compared to the previous year, and by 3% in the first half of this year compared to the same period last year,” stressing that “digital transformation has contributed to enhancing tax capacity and accuracy.”

Al-Sudani explained that “the tax inquiry platform has eliminated cases of name similarity, delays, corruption, and undermining the taxpayer’s confidence in tax procedures,” adding that “the system for tax payment receipts and their matching has been completed electronically after it was previously paper-based.”

He affirmed that “there is ongoing communication with reputable international companies to work towards achieving the highest international standards in the tax system,” stressing that “the draft of the new income tax law has adopted international standards, while adhering to social justice and tax allowances for those with lower incomes.”

He pointed out that “the new law that will be enacted soon will be business-friendly and supportive of the green economy and emerging projects,” indicating that “the Supreme Committee for Tax Reform has completed the policy paper on tax accounting for oil companies to address the problems and obstacles to their work.”

Al-Sudani added that “unifying tax procedures between the federal government and the Kurdistan Regional Government of Iraq has facilitated the processing of tax files for universities and private banks,” stressing that “the reforms being achieved represent a message to the citizen to support his political system and manage resources in the best possible way.”

He concluded by saying: “We will not allow a tax increase that leads to a business-repelling climate or comes at the expense of fairness in taxation.”

Shafaq.com

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THE IRAQI GOVERNMENT TOLD SHAFAQ NEWS: THE RELATIONSHIP WITH WASHINGTON HAS MOVED FROM “CONFLICT” TO “PARTNERSHIP”.

December 18, 2025 

The Prime Minister’s Advisor for Foreign Affairs, Farhad Ala’addin, affirmed on Thursday that the United States’ decision to revoke the authorization to use force against Iraq confirms that the country is now fully sovereign and signifies a shift in the relationship from “conflict” to “partnership.”

Alaa al-Din told Shafaq News Agency that “this decision represents a clear shift in the nature of the relationship between Baghdad and Washington, from a logic of conflict and confrontation to a logic of partnership and cooperation based on mutual respect.”

He added that “the decision on the security level reinforces the principle of national sovereignty, supports political stability, and enshrines the path of normal relations between Iraq and the United States, in a way that serves common interests and enhances security and stability in the region.”

The Iraqi Foreign Ministry described the US Congress’s vote to revoke the authorization for the use of military force against Iraq as “historic” on Wednesday evening, stressing that this revocation represents a fundamental turning point in changing the legal nature of the relationship between the two countries .

In a statement, the State Department expressed its welcome for the “historic vote by the US Congress, in both the House of Representatives and the Senate, to repeal the 1991 and 2002 authorizations for the use of military force against Iraq, as part of the 2026 National Defense Authorization Act, and the Department looks forward to President Donald Trump’s ratification of the bill .”

She explained that “the completion of the stages of repealing the aforementioned authorizations for the use of military force, which are more than thirty years old, indicates a change in the convictions of American legislators for a number of internal and external considerations .”

The ministry stressed that “the cancellation of the two authorizations for the use of military force does not undermine counterterrorism efforts, as the 2001 Authorization for the Use of Military Force, issued in the wake of the September 11 attacks to counter the threats of al-Qaeda and other associated terrorist organizations, remains in effect .”

The ministry stressed “the commitment of the Government of the Republic of Iraq to strengthening bilateral relations in a way that contributes to building a long-term partnership that serves the interests of the two friendly countries and supports the stability of the Middle East region.”

Shafaq.com

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OFFICIALS: AMERICA DEMANDS THAT ARMED GROUPS NOT BE INCLUDED IN THE NEW IRAQI GOVERNMENT

More than a month has passed since the elections for the sixth session of the Iraqi Council of Representatives, and the Shiite, Sunni and Kurdish leaders are still in the midst of negotiations to form the new government, without the features of this government yet appearing.

Everyone was waiting for the results to be ratified by the Iraqi Federal Court, which ratified them last Sunday, December 14, 2025, after which the constitutional deadlines for forming the government would begin. Although these deadlines were not adhered to in some previous sessions and the formation took longer than specified by the constitution, American pressure is now emerging on Iraq to prevent the inclusion of the political wings of armed groups in the government.

Amid the dramatic changes in the Middle East, where new alliances are forming and old ones are fading, Iraqi leaders face a difficult task that requires them to define the nature of their relationships with groups that the United States has placed on its “blacklist.”

What does America want?

Given its ongoing role and influence in Iraq for over two decades, the United States expects the new Iraqi government to be free of armed groups. Mark Savaya, the Iraqi-American diplomat appointed by Donald Trump last October as the US envoy to Iraq, stated on December 11, 2025: “Iraq is at a crossroads, and no country can succeed if armed groups compete with the state and undermine its authority.”

But Iraqi leaders face other challenges, namely Iran’s demands and influence, particularly from political factions backed by Tehran. For years, Iraq has been trying to balance its relations between the two sides. Now, after the elections, Iraqi and American officials told AFP that “Washington is demanding that armed groups close to Iran not be included in the new Iraqi government.”

(Iraq got itself in a pickle when it let the Iranian militia stay in their country for so long even after ISIS was defeated. Now they are being challenged. We knew this would come some day.)

A State Department spokesman, who declined to be named, said: “Iraqi leaders are well aware of what is and is not consistent with the strong partnership between Iraq and America,” adding that Washington will continue a frank dialogue with Iraq about “the urgent need to dismantle armed groups close to Iran.”

However, some of these groups have increased their number of seats and votes in the elections and are part of the Coordination Framework, the umbrella organization for Shiite forces that will determine the next prime minister, as the framework has been holding meetings for weeks to name the candidate.

An Iraqi official indicated that “America has set conditions that armed groups should not be part of the new government, and that these groups must be dismantled, disarmed, and have all their ties with the Iranian Revolutionary Guard severed.”

(This next sentence is why we will not see the RV unless the US conditions are met and these armed groups are dismantled)

Savaya warned that the alternative to stability is “economic collapse, political chaos, and international isolation.”

Which armed groups need to be removed?

Several months ago, America designated a number of Popular Mobilization Forces factions as “terrorist,” and these factions were part of what is called the “Resistance Front,” which demanded America’s withdrawal and launched attacks on its bases since October 7, 2023.

Now, most of these groups hold seats in parliament and have strengthened their political influence. Among the most prominent is Asa’ib Ahl al-Haq, led by Qais al-Khazali, which holds 27 seats and is part of the coordinating framework, making its exclusion from the new government difficult for Shia forces. However, one option being considered is not granting it sovereign and important ministerial portfolios.

An Iraqi official (who declined to be named) said: “Previously, America turned a blind eye to some of the positions granted to them, because ultimately it deals with the government and not with the ministries controlled by the groups.”

The groups listed on the US terrorism list are:

Kataib Hezbollah: One of the armed groups, it holds 6 seats through its political wing (Rights Movement) led by Ahmed Mohsen Faraj Al-Humaidawi, and the movement received more than 230,000 votes.

(Was it the armed militia themselves that voted for them. There are over a hundred thousand Iranian backed militia in Iraq…. go figure why they won. Should they even be voting in the first place. What is the criteria to vote in Iraqi elections?)

Imam Ali Brigades: Participated in the elections through the “Services” list and obtained 5 seats, and is headed by Shibl al-Zaydi.

Kataib Sayyid al-Shuhada, Ansar Allah, al-Awfiya, and al-Nujaba: other groups included on the US terrorism list.

What awaits Iraq?

Iraq faces challenges to economic growth after years of turmoil. While Washington has imposed sanctions on Iraqi banks for allegedly helping Iran evade sanctions, Iraqi leaders hope to revive the country by supporting foreign investment and American companies. Most notably, Qais al-Khazali stated, “It is in Baghdad’s interest for major American companies to invest in it.”

Since the start of the Gaza war in October 2023, Iraq has remained relatively untouched by regional escalation. Attacks by factions against the United States and Israel failed to achieve their objectives; instead, Washington responded with powerful strikes that halted these attacks. Furthermore, Iraq was among the countries that were not directly affected by Israeli attacks, despite its relations with Iran.

Several sources confirmed that the US prevented Israel from attacking Iraq, but warned Iraqi leaders against any actions by armed groups. However, it remains unclear how Iraq will meet US demands as the constitutional deadlines for forming a government approach, amid concerns surrounding the potential withdrawal of US forces from Iraq.

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“ROSY PROMISES MISLEAD CITIZENS”: AN EXPERT REVEALS 5 FACTS THREATENING IRAQ’S ECONOMIC SYSTEM

 

(Mnt Goat: Here we go again with more negativity. Part of the problem and not the solution.)

Revelation President of the Foundation “Iraq of the Future” – Economic Expert Manar Al-ObaidiToday, Friday, 5 facts that threaten the economic system in Iraq.

He said Al-Ubaidi in a post on his official Facebook page, which I followed Alsumaria News”With the first signs of the financial crisis, rosy voices proliferate, selling people illusions closer to dreams than reality. We hear people saying: ‘We have plenty of money, revenues are enough to pay all employees’ salaries, reduce the salaries of special grades and the crisis will be solved,'” he explained, adding that “this letter emotional rhetoric unsupported by statistics, aimed at appealing to and pacifying the average citizen, rather than being honest with them. Those who speak realistically are attacked and accused of pessimism or fear-mongering.

He added, “There are undeniable facts:

First, the state’s current expenditures cannot be covered unless the issue of salaries is addressed fundamentally and genuinely, not through patchwork solutions.

(Mnt Goat: Is this not what al-Sudani is now proposing for the new administration to tackle?)

Second, all non-oil revenues, however substantial, will not replace oil and will not cover more than 10-15% of the state’s operational needs.

(Mnt Goat: We have been told over and over again that once the Development Road Project is going strong this customs and tariff revenues could rival the oil revenues, but they had to be managed correctly and monies going back to the federal coffers. So, this guy is telling us today they have been lying to us all along?)

Third, there is currently no resource capable of compensating for oil. All the talk about sulfur, phosphates, silica, and other resources, even if sold as raw materials, will not exceed $300-500 million in revenue annually.

(Mnt Goat: In the news about the natural resources never told us it ALONE would compensate for the oil revenues. I don’t know where the author got his news from. Of course this is a silly notion. It the COMBINED revenues from ALL THE SOURSES that could rival the oil revenues. Get it? I wish these economists would study what is actually going on in Iraq.)

Fourth, talk of strategic industries, from refineries to manufacturing, is valid in principle, but it is not feasible at this time. These projects require at least five years to become productive, in addition to substantial funding and liquidity that are currently unavailable.

(Mnt Goat: Yes, I agree there will be a period of time to get industry up and running to create jobs necessary to get people off the government payrolls and on to private industry. But not just job salaries, there is the issue of long-term govt pensions too that could be diverted to private industry pensions. All of this combined can drastically reduce the size of the government expenditures each month)

Fifth, the establishment off investment is similar to funds of Gulf or Norway. It’s not just a slogan to be chanted. It’s a parliamentary decision that requires a clear allocation from oil revenues and management completely independent of the government. Without that, its fate will be the same as…Overseas Development Fund or development fund Iraq.

He stated that “the real problem is that Iraq is not only facing a revenue crisis and a spending crisis, but also a deficit in creating a genuine economy outside of oil,” noting that “non-oil GDP does not exceed 88 trillion dinars (approximately $66 billion), while the private sector accounts for no more than $30 billion at best.”

(Mnt Goat: Looks like to me, according to him, that Iraq is about half way there. Remember this happened in a short period of time (just 4 years). Also remember the Development Road Project has NOT yet kicked in. There is nothing bad about these numbers.)

He emphasized that “there is no solution without reducing expenditures, boldly addressing the issue of salaries, providing genuine, not merely symbolic, support to the private sector, and restoring trade balance with other countries, moving away from oil revenues,” explaining that “otherwise, it remains mere wishful thinking.”dreams.

He laughed at the citizen who is meant to believe that the crisis can be solved with simple measures, while the truth is much harsher and more complicated.”

(Mnt Goat: The author claims that the news from the govt is only “emotional rhetoric unsupported by statistics, aimed at appealing to and pacifying the average citizen, rather than being honest with them. Those who speak realistically are attacked and accused of pessimism or fear-mongering.” They he goes on with his “undeniable facts” but presents no facts and only his opinions again.)

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IRAQ AT A CROSSROADS OF INFLUENCE: EXPERTS REVEAL TO IRAQ OBSERVER A PROJECT FOR CHANGE THAT CHALLENGES HEGEMONY AND REDEFINES SOVEREIGNTY BETWEEN WASHINGTON AND TEHRAN.

 

The Iraqi scene today is no longer governed by political slogans or traditional ideological alignments, but rather has become an open arena for a struggle for influence in which regional and international interests intersect at the expense of the crisis-ridden interior. There is increasing talk about a “change project” that seeks to break the cycle of dependency and redirect the state’s compass towards a comprehensive economic and social reform path that places sovereignty and national interest at the forefront of priorities.

In this context, political analyst and former diplomat Faisal Ghazi believes that the real change maker in Iraq is not in changing faces or reproducing power, but rather in a profound project aimed at moving the country from a state of dependence on Iranian influence, with all the accompanying economic, developmental and social crises, to a state capable of managing its resources, building an effective economy and restoring its natural role in its regional and international environment.

Ghazi told Iraq Observer that this reform project “does not seek a break with Iran, religiously, sectarily, or geographically,” but focuses on resetting the relationship with it and eliminating the influence that has directly harmed the Iraqi economy.

He explained that “the Iraqi scene today is governed by a clear power struggle between the United States and Iran, with interventions by neighboring countries, but the greatest weight remains for this bilateral conflict, as Tehran has relied on political and security tools and armed factions to consolidate its influence, in contrast to Washington’s tendency to use economic and diplomatic tools, far from the option of direct military confrontation.”

He pointed out that Iraq, along with Syria, represents a fundamental pillar in the calculations of American national security in the Middle East, which makes it unlikely that the United States would abandon it. He noted that sending an American presidential envoy to Baghdad carries a clear message of continued American interest in Iraq, while emphasizing at the same time that Washington is not looking for new wars, but rather to manage its influence through interests, the economy, and diplomacy.

He explained that the economic option is the most important tool in American policy towards Iraq, as Washington possesses sensitive leverage points, most notably its relationship with the Central Bank of Iraq, the passage of oil revenues through the US Federal Reserve, and control over financial transfers, in addition to the military support file, as the Iraqi armed forces depend on more than 85% of American sources for armament, maintenance and training.

Ghazi concludes by saying that the anticipated American pressure will be primarily economic and diplomatic, aimed at restoring balance to the relationship between Baghdad and Washington, and ensuring adherence to the Strategic Framework Agreement, without sliding into an open military confrontation. He emphasizes that Iraq’s future will be determined by its ability to leverage this conflict to build a sovereign state and an economy capable of lifting society out of its chronic crises, not by its ability to side with one party or the other.

In light of this complex scenario, Iraq appears to be standing on the precipice of a crucial transformation, where international pressures intersect with the urgent internal need for reform.

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SAVAYA IS PLEASED WITH THE FACTIONS’ MOVEMENTS AND STIPULATES A COMPLETE AND IRREVERSIBLE DISARMAMENT.

 

“Statements alone are not enough.”

Mark Savaya, US President Donald Trump’s envoy to Iraq, welcomed the move by some Iraqi armed groups toward disarmament, considering it an encouraging development that responds to calls from religious authorities. However, he stressed that statements alone are not enough, calling for a comprehensive and irreversible disarmament process implemented within a binding national framework that enshrines the state’s monopoly on the use of force. He warned that Iraq stands at a critical crossroads between consolidating sovereignty and stability, or remaining trapped in a cycle of disintegration and uncontrolled weapons.

The reported steps taken by some Iraqi armed groups toward disarmament are a welcome and encouraging development. This represents a positive response to the persistent calls and aspirations of our religious authorities and esteemed scholars and leaders. I express my deepest appreciation and gratitude for their wisdom, moral leadership, and principled guidance, which continues to serve as a guiding compass for the nation.

At the same time, statements alone are not enough. Disarmament must be comprehensive, irreversible, and implemented within a clear and binding national framework. This process must also include the complete dismantling of all armed groups and ensure an orderly and legal transition of their members to civilian life.

According to the Iraqi Constitution and the rule of law, no political party, organization, or individual has the right to possess or operate armed formations outside the authority of the state. This principle applies throughout Iraq without exception. The exclusive authority to bear arms and use force must remain solely with the legitimate federal and regional institutions entrusted with organizing, commanding, and managing the armed forces to protect the Iraqi people and defend the country’s sovereignty.

Iraq stands today at a crucial crossroads: either it moves forward on the path of sovereignty, stability, prosperity, unity and the rule of law, or it remains trapped in a spiral of disintegration and insecurity, where illegal armed groups exploit state resources for personal interests and foreign agendas, further undermining state authority.

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IRAQ’S GOLD RESERVES REACHED THEIR HIGHEST HISTORICAL VALUE… AND WARNINGS WERE ISSUED AGAINST USING THEM TO COVER THE FINANCIAL DEFICIT.

 

In economic observatory announced that Iraq’s gold reserves have reached historic levels, amounting to approximately $23 billion and 64 million, warning against using them to solve the country’s financial deficit crisis.

The Eco Iraq Observatory said in a press statement on Saturday, December 20, 2025, that Iraq bought about 8.2 tons of gold during 2025, which raised its total reserves to 170.9 tons, indicating that “this increase was distributed as follows: one ton in March, 1.6 tons in June, 3.1 tons in July, and 2.5 tons in August.”

The observatory explained that “Iraq’s total reserves of 170.9 tons are currently equivalent to $23 billion and 64 million, which is the highest level that the value of gold reserves has reached in the history of Iraq.”

The Economic Observatory attributed the large increase in the value of the reserve to “the rise in global gold prices, and not to the size of the quantities purchased during 2025, which constituted 64% since the beginning of this year.”

“Eco Iraq” warned against any “manipulation” of the gold reserves to cover the financial deficit that Iraq is suffering from, “whether by selling part of it or subjecting it to high-risk investments,” stressing that it is “a sovereign asset allocated for financial stability and not for achieving immediate revenues.”

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AFTER THE PRIME MINISTER’S NAME WAS DECIDED, THE COORDINATION FRAMEWORK MOVED TO NEGOTIATING THE GOVERNMENT PROGRAM.

 

Non-controversial

The atmosphere of the movement within the Coordination Framework, the broader umbrella for Shiite political forces in Parliament, is moving towards a crucial stage, the title of which is agreeing on a name and program for the next Prime Minister, in an attempt to produce a candidate who can manage the next stage and open the door to understanding with the rest of the political forces within the framework of constitutional entitlements and political calming, which seems to have decided on the name of the Prime Minister internally, to move practically to negotiating the government program and its priorities before the official announcement of the candidate.

Salam Al-Zubaidi, a member of the Coordination Framework, confirmed to Baghdad Today that “the intensive meetings and gatherings held by the Framework’s forces are witnessing remarkable progress in viewpoints, and there is a broad understanding on the need to choose a figure capable of managing the next stage efficiently and achieving political and service stability, while taking into account the country’s supreme interest.”

Al-Zubaidi explained that “the discussions are not limited to names only, but also include the government program and executive work priorities, foremost among them improving the economic situation, supporting security and stability, and enhancing public confidence in official institutions, and agreement on these files is proceeding in parallel with the naming file.”

According to political data obtained by “Baghdad Today,” most of the figures close to the coordinating framework, who appear on political programs on television, confirm in their talks that “the decision has already been made,” and that the candidate is a figure from the Middle Euphrates region, a graduate of Baghdad University, and does not provoke a sharp dispute among the main Shiite forces.

These data indicate that the current discussion is focused on the details of the government program, which was likely formulated primarily in agreement with the candidate himself, and that the ongoing dialogues aim to incorporate the observations of the various forces before announcing the final version.

Al-Zubaidi added that “the positive atmosphere prevailing in the dialogues reflects the keenness of all parties to avoid disputes and move towards a genuine consensus that leads to the formation of a strong government capable of facing internal and external challenges, and the next few days may witness an official announcement of the name of the candidate for the premiership.”

The member of the coordinating framework concluded by saying that “the current stage requires calming down and clearly prioritizing the logic of dialogue and understanding, and the framework is proceeding with completing the constitutional entitlements in accordance with the legal contexts and in a way that fulfills the aspirations of the citizens.”

Three key factional figures broke the scene in the past few hours with similar statements, in which they expressed their readiness to hand over weapons and confine them to the hands of the state, in a move that is read – according to political sources – as one of the signs of paving the way for the new political stage, and an early message of support for the next government and its supposed security program.

The political arena is witnessing intense activity to resolve the issue of forming the new government, amid popular anticipation of the process of choosing the next Prime Minister, and whether he will be able to manage the economic and service crises and reduce the severity of political tension, after previous government experiences marred by disputes and the failure to implement reform programs.

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ZIDANE: THE PARLIAMENTARY SESSION ON DECEMBER 29TH WILL DECIDE ON THE PRESIDENCY OF THE COUNCIL AND CANNOT BE EXTENDED.

 

The head of the Supreme Judicial Council, Faiq Zaidan, confirmed that the session of the new House of Representatives scheduled for December 29 must end with the appointment of the Speaker of the Council and his two deputies, noting that it is not constitutionally or legally possible to postpone or extend it.

A statement from the judiciary, a copy of which was received by Al-Furat News, stated that: “This came during the reception of the President of the Supreme Judicial Council, Faiq Zaidan, on Saturday, by the President of the Patriotic Union of Kurdistan Party, Bafel Talabani.”

He added, “During the meeting, emphasis was placed on the importance of respecting the constitutional timelines for electing the three presidencies, in order to ensure the completion of the formation of the legislative and executive authorities.”

Ziad also stressed “the importance of deciding on the nomination of the candidate for the presidency of the republic within the constitutional period of thirty days after the election of the Speaker of Parliament on the 29th of this month.”

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THE IRAQI ECONOMY IN 2025: PIVOTAL TRANSFORMATIONS BETWEEN AMBITION AND CHALLENGES

December 21, 2025   

In 2025, Iraq witnessed a crucial turning point in its economic trajectory, as growth factors and challenges intertwined in a complex equation that defined the features of the near future. While the country achieved tangible accomplishments in vital sectors such as oil, electricity, and infrastructure, it continued to face deep structural challenges related to near-total dependence on oil, exchange market fluctuations, and a growing financial deficit.

While the International Monetary Fund predicted economic growth of 5.3%, the highest rate in years, this growth was mainly driven by the oil sector, while the non-oil sector continued to suffer from weak growth and development.

The year also witnessed widespread controversy surrounding the 2025 budget, whose schedules were delayed, and the financial deficit expanded to alarming levels, raising questions about the state’s financial sustainability.

OFFICIAL PRICE AND PARALLEL MARKET

The Central Bank of Iraq maintained a fixed official exchange rate of 1,305 dinars per dollar for most of 2025, in a strategic move aimed at controlling the market and preventing the unpredictable fluctuations witnessed in previous years. However, the parallel market witnessed significant fluctuations, with the dollar price ranging between 1,397 and 1,424 dinars at different times of the year, reflecting a continuous gap between the official and parallel rates ranging between 7% and 9%.

(Remember that the IMF wants 2% or less difference)

Despite these challenges, the Central Bank recorded important positive indicators in 2025, as the cash reserve rose to $108 billion, a record level that provides a safety cushion for the economy, and the gold reserve rose from 130 to 172 tons, indicating the diversification of reserves and strengthening confidence in the national currency.

Regarding inflation, the inflation rate fell to 2.2% in the first quarter of 2025, a relatively low rate reflecting the success of monetary policy in controlling prices. Private sector credit also grew by 1.1%, indicating an improved financial environment and increased confidence in the banking system.

GROWTH FORECASTS ARE OPTIMISTIC

The International Monetary Fund (IMF) projects that the Iraqi economy will grow by 5.3% in 2025, compared to 1.4% in 2024, indicating a significant acceleration in economic activity. This growth is primarily driven by the recovery of the oil sector and increased government investment in infrastructure and services.

In a more optimistic forecast, the World Bank indicated that Iraq could achieve the highest growth rate among Arab economies, at around 6.7%, if oil prices rise to approximately $80 per barrel. However, economic experts cautioned that this scenario remains contingent on external factors beyond Iraq’s control.

NON-OIL SECTOR: SLOW GROWTH

Despite optimism about overall growth, the non-oil sector recorded modest growth of 5% in 2024, with expectations of continued growth of 4% in 2025.

This growth, while positive, still falls short of expectations and reflects the structural challenges facing productive sectors such as agriculture, industry and tourism. The IMF report indicated that non-oil growth may not exceed 1% in some estimates, reflecting the large structural dependence on oil and the urgent need to diversify sources of economic growth.

THE 2025 BUDGET: CONTROVERSY AND COMPLICATIONS

The 2025 budget witnessed widespread controversy and significant delays in approving its schedules, even though it falls within the three-year budget for the years 2023-2025, which was approved in June 2023. The Prime Minister’s advisor, Mazhar Muhammad Salih, estimated that the size of the 2025 budget is about 200 trillion dinars (about 150 billion dollars), with a projected deficit of about 64 trillion dinars.

According to estimates, operating expenses constitute approximately 67% to 70% of total public expenditures, comprising salaries, allowances, pensions, and social welfare. This budget structure reflects the rentier nature of the Iraqi economy, where the majority of spending goes toward salaries and current services, while investments in infrastructure and development projects remain limited.

APPROVAL DELAY CRISIS

2025 witnessed a major crisis due to the failure to approve the budget schedules, which affected provincial allocations, investment projects, and the salaries of some groups. Parliamentarians accused the government of stalling, while observers indicated that the delay stemmed from disagreements over revenue distribution between Baghdad and the Kurdistan Region, as well as issues related to the costs of producing and transporting the region’s oil.

Experts warned that delaying the approval of the 2025 budget would have a direct impact on the Iraqi market, investment activity and public spending, and would increase uncertainty that harms the business environment and economic confidence.

THE GROWING DEFICIT AND DEBT
The International Monetary Fund (IMF) projects that Iraq’s budget deficit will widen to 7.6% of GDP in 2024, compared to 1.3% in 2023, raising concerns about fiscal sustainability.

The Prime Minister revealed that Iraq’s total external debt exceeds $10 billion, while its domestic debt amounts to approximately 34 trillion dinars.

Al-Sudani confirmed that the new government will have to borrow due to the deficit, but stressed that the financial situation is stable thanks to large reserves.

He also announced that the number of employees in Iraq during 2025 was 4.5 million, and the number of retirees was 2.9 million, while social protection allocations amounted to 6 trillion dinars annually.

OIL PRODUCTION: COMMITMENTS AND AMBITIONS

Iraq’s crude oil production remained stable at around 4 million barrels per day for most of 2025, as Baghdad adhered to the OPEC+ voluntary production cuts. Iraq produced approximately 965 million barrels during the first eight months of 2025, generating revenues of around 73 trillion dinars, representing 90% of the country’s total revenue and underscoring its near-total dependence on oil.

Iraq pledged to compensate for its overproduction of 1.44 million barrels per day in 2024, exceeding its quota, with full compensation to be completed by September 2025. This commitment aligns with the OPEC+ production cuts and aims to maintain global price stability.

AMBITIOUS FUTURE PLANS ARE IN PLACE

In the longer term, the Ministry of Petroleum announced ambitious plans to increase production to more than 6 million barrels per day by 2029, as part of a strategy to maximize revenues and boost production capacity. This ambition requires massive investments in infrastructure, addressing associated gas issues, developing existing fields, and exploring new ones.

PRICING AND REVENUE CHALLENGES

The IMF estimates that oil revenues are set to decline from $99.2 billion in 2024 to $84.2 billion in 2025, affected by lower prices that have fallen from an average of $80.6 per barrel to $65.9.

INVESTMENTS: HUGE FIGURES AND PERSISTENT OBSTACLES

Arab and foreign investments in Iraq have exceeded $100 billion over the past two years, distributed among the housing, industry, energy, agriculture and infrastructure sectors.

These large figures reflect the government’s efforts to improve the investment environment and attract capital, and also reflect growing confidence in the country’s stability and economic opportunities.

The National Investment Commission indicated that Iraq ranked fourth among the best emerging markets in 2024, a positive indicator of the improved business climate and attractiveness of the investment environment.

INVESTMENT AND OPPORTUNITY FORUMS

The government, through the Prime Minister, announced a huge package of investment opportunities worth $450 billion, coinciding with the Iraq Investment Forum.

The Prime Minister’s advisor stressed that these steps are not just an announcement, but a roadmap for comprehensive transformation within “Iraq Vision 2050”.

This vision aims to double the gross domestic product, reduce unemployment to less than 10%, achieve 60% economic independence, and take advantage of the demographic dividend, as the population is expected to be under 30 years of age by about 60% by 2050.

FITCH RATING: CAUTIOUS INTERNATIONAL CONFIDENCE

At the international level, Iraq maintained its credit rating from Fitch Ratings at (B) with a stable outlook throughout 2025, indicating the country’s ability to meet its short- and medium-term financial obligations, despite ongoing challenges related to the structure of its economy and its dependence on oil.

According to experts, maintaining this rating is a factor that supports investor confidence and reflects an improvement in debt management and liquidity compared to previous years.

REAL CHALLENGES

Despite the large numbers, economic experts pointed out that real foreign investment is still absent from non-oil sectors, stressing that many investments classified as foreign are in fact Iraqi through companies registered abroad.

Bureaucratic, legal, and security challenges remain major obstacles to the flow of real capital. Furthermore, weak infrastructure, complex government procedures, and a lack of transparency in some areas all limit the attractiveness of the investment environment and delay the transformation of opportunities into productive projects on the ground.

Achievements of the Sudanese government: a record of service and an electoral victory

Prime Minister Mohammed Shia Al-Sudani revealed the completion of 511 service projects, including infrastructure, roads, bridges, schools and health centers.

He also announced the resolution of the one million job gap problem and a reduction in unemployment to 2.1% during his government term, which began in October 2022.

The government implemented 43 development projects and 97 new school buildings, and provided services to areas inhabited by more than 3 million citizens. This large service record boosted the government’s popularity and paved the way for subsequent electoral victory.

BANKING SECTOR AND FINANCIAL REFORMS

The Iraqi banking sector witnessed significant reform steps in 2025, as the Central Bank worked to enhance compliance with international standards and improve financial transparency.

The government launched initiatives to develop digital banking infrastructure, encourage electronic payments, and reduce reliance on cash.

Credit to the private sector also grew by 1.1%, a positive indicator of increased confidence in the banking system.

The central bank continued its efforts to reduce the number of banks that violate international standards, and merged some small banks to enhance financial stability.

BANKING CHALLENGES

Despite the improvements, significant challenges remain, including US restrictions on some Iraqi banks, weak public confidence in the banking sector, and continued heavy reliance on cash transactions. The spread of banking culture among citizens remains limited, which limits the sector’s ability to contribute to economic development.

Environmental challenges: The water crisis and drought… the most serious crisis

The decline in water levels of the Tigris and Euphrates rivers has led to a reduction in cultivated areas and a decrease in grain production in many governorates, especially in the central and southern regions.

International reports have warned that water shortages could lead to a deficit in staple crops and a higher food import bill, putting additional pressure on foreign exchange reserves and the budget. The drought also led to the displacement of some residents from rural areas to cities, increasing the pressure on urban services.

IMPORTS AND THE TRADE BALANCE

Iraq remains heavily reliant on imports to meet its needs for consumer goods and basic commodities, with its import bill reaching high levels. Reports indicate a significant non-oil trade deficit, reflecting the weakness and uncompetitiveness of domestic production sectors.

REGIONAL AND INTERNATIONAL CHALLENGES

The Iraqi economy has been affected by regional developments, particularly tensions in the region and the situations in Syria, Lebanon, and Yemen. Complex relations with Iran and US pressure have also impacted Iraq’s economic freedom of movement.

US sanctions

The impact of US sanctions on some Iraqi banks continued, complicating financial transfers and foreign trade, and the cancellation of the exemption to purchase energy from Iran posed a major challenge to the electricity sector.

Regional comparison: Iraq’s position among Arab economies

According to the World Bank’s projections, Iraq leads the Arab region in expected growth rates for 2025 at 6.7% in the positive scenario. This puts Iraq in an advanced position among regional economies, surpassing countries such as Egypt (3%), Djibouti (5.2%), and Lebanon (4.7%).

COMMON CHALLENGES

Despite the superiority in expected growth rates, Iraq shares common challenges with the countries of the region, including dependence on a single source of income (oil or remittances), weak productive sectors, the need for structural reforms, and climate challenges.

The Iraqi economy faces three main scenarios for the near future:

1.Positive scenario: If oil prices remain at high levels (above $75), the government succeeds in implementing the planned reforms, and foreign investment flows in heavily, the economy could achieve sustainable growth exceeding 6% annually, with a tangible improvement in services and a decrease in unemployment.

2.Medium scenario: Continuation of the current situation with modest growth (4-5%), continued dependence on oil, slow progress in reforms, and ongoing challenges in attracting real investment.

3.The negative scenario: A sharp drop in oil prices (below $60), or worsening climate and water crises, or escalating regional tensions, could push the economy into recession and worsen the fiscal deficit.

Comprehensive summary: A pivotal year between ambition and reality

The year 2025 represents a turning point in the modern economic history of Iraq. On the one hand, the country achieved tangible accomplishments, including higher growth rates, increased foreign currency reserves, improved infrastructure, and the implementation of hundreds of service projects. On the other hand, the Sudanese government succeeded in achieving an electoral victory that reflects relative public satisfaction with government performance.

On the other hand, the structural challenges remained deep and serious. The near-total dependence on oil (90% of revenues) makes the economy vulnerable to global price fluctuations. The growing fiscal deficit (7.6% of GDP) raises concerns about fiscal sustainability, the water crisis and drought threaten food security and social stability, and the gap between the official and parallel exchange rates for the dollar reflects imbalances in the currency market.

The year 2025 proved that Iraq has the potential and resources to become a regional economic power, but achieving this ambition requires genuine political will, radical reforms, good governance, and a long-term strategic vision that goes beyond immediate gains and places the interests of future generations at the heart of national priorities.

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A NEW SHIFT IN CUSTOMS PROCEDURES IS EXPECTED AT THE BEGINNING OF NEXT YEAR.

 

The General Authority of Customs announced the full implementation of the advance customs declaration system at the beginning of next year, to include all imported goods and merchandise.

The Director General of the Authority, Thamer Qasim Dawood, explained in a press statement that “the Authority has begun the gradual implementation of the system, as the first phase included five basic materials: gold, mobile phones, jewelry, curtains, in addition to some other goods such as cooling devices and cars.” 

He pointed out that “the period from the first until (31) of this month represents a trial phase in preparation for generalizing the system to all goods and merchandise in the federal customs centers, stressing that the Kurdistan Region of Iraq ports are temporarily excluded because they are not linked to the ASYCUDA system adopted by the Authority.” 

Daoud stressed that “the electronic link between customs declarations and the Central Bank of Iraq will directly contribute to reducing currency smuggling and money transfers without corresponding goods.”

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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

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:

December 18, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. Is the cash shortage now a crisis?

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 December please reconsider.

 Let’s all try to chip in!

____________________________________

Psalm 37:4

“Delight yourself in the Lord; And He will give you the desires of your heart.”

STATUS OF THE RV

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If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is mid-December and the CBI may still go ahead with removing the zeros in time for a January release or in January. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

There is much more evidence than not that everything is pointing to early 2026 for them to normalize the dinar and place it back on FOREX to trade. Today we put together yet more evidence.

The news today is also about the election and the progress of getting the new government seated. Again, there is some propaganda as many of the economists and former parliament members give their ‘opinion’ on the situation in Iraq. Remember that these people are isolated from reality as they live in luxury in Iraq and do not often go out to the streets to see how the citizens actually live. They feel privileged. They are paid off and take bribes to do the dirty work of the elite globalist. They are not patriotic or constitutionalists even though they pretend a lot. Their pockets are full of slush fund money. Yes, their overall attitude has been part of the problem all along with politicians just living in luxury off the system, surviving in their own sewers of reality and really do not care much about the people in their districts they are supposed to represent.

So, there is a firestorm of political corruption being exposed in the U.S. and in Iraq. Remember that this corruption had to be exposed so that under the Trump administration they finally could work closely with Iraq and move that country forward in the meantime U.S. companies getting a piece of the pie. Remember also this is all part of the reset in the financial system of the world. NO! This is not the globalist idea of their sinister reset, as theirs means more control over you through your money. This coming reset is about freedom, individual weatlh with prosperity and abundance for everyone. There will be prosperity for both the U.S. and Iraq. If you notice how Trump is working his deals, he mostly wants both parties to succeed. If we are going to get this RV is will be under the Trump administration.

In the news today we find the article titled “AL-ABADI RETURNS AGAIN… HIS BLOC: AL-MALIKI CONCEDED THE PREMIERSHIP TO US – BEHIND THE SCENES OF THE FRAMEWORK MEETING”. The Coordination Framework meeting discussed extensively the issue of deciding on a candidate for the position of the next Prime Minister.

The spokesman for the Victory Coalition, Salam al-Zubaidi, revealed on Tuesday the details of yesterday’s coordination framework meeting, indicating that al-Sudani is still clinging to the second term, but al-Maliki has no desire to assume the position of Prime Minister, and he supports the nomination of Haider al-Abadi for the position. I have to say who the hell cares what al-Maliki wants. His coalition got the least votes of all the large coalitions. I don’t know why the news even pumps what this idiot al-Maliki thinks. As far as I am concerned this ‘peanut-head’ should be locked up. He is a swamp rat. I still firmly believe that al-Sudani will get a second term, and we just have to go through the motions. For our investment this of course is who we want in power. I do not believe there is any other leader in Iraq that can do the job that al-Sudani has done for Iraq so far and will continue his progress. This means RV…

A NEW FINANCIAL PLAN INITIATIVE

😊So here we go some positive news for al-Sudani. The article is titled “THE FINANCIAL PAIN HAS REACHED ITS PEAK, AND IMPLEMENTING REFORMS NOW IS MERELY A PUBLICITY STUNT FOR THE SUDANESE – EXPERT”.  

I wouldn’t exactly call it a “publicity stunt” as it does have merit and al-Sudani usually delivers on his promises. Remember this is typical to announce your plans for the next term of office at this time and so the author is being a bit harsh in the title.

Following the Economic Council’s decision on Monday to reduce government spending and maximize revenues, during a meeting chaired by Prime Minister Mohammed Shia al-Sudani, economist Ziad al-Hashemi said that the caretaker government’s presentation of a financial reform plan at the last minute aims to whitewash its reputation in its final days. He hopes this announcement will encourage political parties to reappoint al-Sudani for a second term and give him the opportunity to implement this plan.

Like president Trump, al-Sudani also makes good on his promises once elected. So this plan is see as the Iraqi government playing for time and trying to score last points in its favor with it’s proposing a financial reform plan to reduce spending and increase revenues!

😊Then we can already see movement on this new financial reform plan of al-Sudani in the recent article titled “THE CABINET APPROVES {REDUCING EXPENDITURES AND MAXIMIZING REVENUES}”. You can read about more details on his new plan that I mentioned in the last paragraph above. Oh… al-Sudani is not even elected and yet he is still working tirelessly to help the Iraqi people. Does this guy remind you of Trump or what? Yes, he is equalizing salaries, cutting unnecessary expenditures and exposing corruption spending. Sound familiar? His Cabinet yesterday approved the recommendations issued by the Ministerial Council for the Economy regarding reducing expenditures and maximizing revenues, as part of the al-Sudani’s new economic and financial reform program.

😊 😊 Then also in another recent article titled “A NEW FINANCIAL ROADMAP FOR IRAQ: THE SUDANESE GOVERNMENT BEGINS REFORMING SALARIES AND BENEFITS.” We read about the movement of al-Sudani’s new financial reform plan described as bold and unprecedented, the government of Prime Minister Mohammed Shia al-Sudani is moving towards redrawing the financial map of Iraq by opening one of the most sensitive and complex files: the file of salaries and senior privileges in the state. Oh boy does this sound familiar. This could be headlines in the news in America under president Trump.

In the article it says and I quote “the government is putting forward a reform vision aimed at streamlining spending and controlling operational expenses, with a focus on ending special privileges for presidencies and senior ranks, in an attempt to achieve financial justice, protect social stability, and ensure the sustainability of the general budget”  

This article is VERY LONG but I encourage everyone to read it and absorb it. This new financial plan to cut expenditure and clean up this government is going to be the topic for a long time in al-Sudani’s next term.

Hey something is going on here…. Did you figure it out yet? Could this all be part of the ‘reset’ in action.

DIVERSIFY, DIVERSIFY, DIVERSIFY

😊 In this next article I am not going to dwell on this issue of diversification. We all should be aware of the need for Iraq to generate many more sources of income to support the economy besides oil revenues (petro-dollar). “THE CENTRAL BANK OF IRAQ ACKNOWLEDGES THE CRISIS: OIL PRICES AND LIQUIDITY WITHDRAWALS HAVE AFFECTED “CASH RESERVES”. The Central Bank of Iraq confirmed on Wednesday that the decline in oil prices and the withdrawal of liquidity from the markets are two factors that negatively affect Iraq’s hard currency reserves. We all should know that  

 “Iraq’s reserves are closely linked to the size of oil revenues, which makes them vulnerable to fluctuations in global oil prices. Also, the monetary sterilization carried out by the Central Bank to withdraw liquidity from the market has a negative impact, due to the need to utilize foreign reserves.”  How many more of these oil cycles does Iraq have to deal with before their measures take effect and begin producing real revenues as “oil prices fell from $81 for the second quarter of 2024 to $69 for the same quarter of 2025, and consequently reserves decreased from 142.69 trillion dinars to 126.16 trillion dinars for the same period.”

Yes, it is just a matter of time before these measures put in place like the Development Road Project, Customs and Tariffs and other projects begin working together and in harmony to generate the jobs and revenues rivaling the oil revenues. Remember too that the oil revenues are doubling. Sorry but I have to compare this Iraq future progress to what is happening in the U.S. too, as the Trump administration is working hard to put in place tariffs and reign in financial corruption that will soon pay off big too. He is reforming the U.S. financial system and years from now it too will look entirely different. Don’t forget also that like al-Sudani with the Iranian threat, Trump is also slowly reforming the “political system” in the U.S. from the swamp rats. The same old is not going to be the same old anymore….

😊 Next I wanted to present this recent article in that it is good that the author Samir Al-Nassiri is also recognizes and is giving credit for the past four year reform progress in Iraq to the CBI in the article titled “MONETARY POLICY INDICATORS CONFIRM THE CENTRAL BANK WILL BE FIRST IN 2025”. Remember that the GOI does not work alone and needs the continued support of the Central Bank just as the Central Bank needs the continued support of the GOI. They must work in tandem along with the parliament to pass any needed bills to get the job done. This statement by al-Nassiri stuck me as very important in his article today and I quote – “In countries that adopt an institutionally managed economic system, each institution retains its independence and authority to manage economic affairs according to the methodology and philosophy that aims to achieve economic stability and the well-being of society.”

I especially liked what al-Nassiri had to say because true economic growth is all about serving the citizens and keeping the money flowing. With corruption the money is either taken out of the system or much of it flows to the top and stays confined. The economy thus is deprived of the capital needed for opportunities and fulfilling dreams.

Here we go yet another recent article on the same topic of monetary policy titled “SALEH’S STATEMENT: THERE IS NO LIQUIDITY CRISIS, AND THE GOVERNMENT IS PROCEEDING WITH PREPARING THE 2026 BUDGET.” Saleh is  not talking about the stashes of cash kept from the banks so much as he is talking about preserving the CBI reserves. With $115 billion in reserves this is liquidity to be used for emergency situations that may crop up due to dropping oil prices once the budget is set.

The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, said in a press statement that “governments usually resort to spending cuts when faced with pressures resulting from fluctuations in revenues or high current obligations, especially in rentier economies dependent on a single resource such as oil.” There are many other articles out there in the news telling the citizens there is a financial crisis. Is this really a financial crisis?

Saleh explained that “these measures come in light of fluctuating oil prices and increasing spending requirements, which necessitates discipline in managing liquidity.” In other words it should be a normal practice and not get pressured into over spending and borrowing money. You can’t just throw money at a problem and expect it to go away. Is this now what the democrats in the U.S. tend to do in a crisis instead of working to solve the root cause. Iraq does not want to follow this practice.

Regarding the preparation of the draft federal general budget law for 2026, he indicated that “the financial authority and the government have made significant progress in preparing it within the medium-term framework of fiscal policy,” expecting that “the draft will focus on achieving a balance between fiscal sustainability and development requirements.”  Enough said on how they are thinking in Iraq on managing responsible spending. You can go read the rest of the article. It gives us a real good idea on how the government plans to spend money and overall manage the economy.

To me this last paragraph in the article is profound and I quote – He stressed that “the real challenge lies not in the size of the spending itself, but in its quality and efficiency, and in the ability of public finances to gradually move from the logic of crisis management to the logic of sustainable development planning.” Let’s look at how the democrats in the US tend to run the government when they are in control. Is it not all just crisis management, yet one crisis after another and let’s just throw money at it hoping it will solve it. Is this responsible spending? Is this responsible governance? I hope this is sinking in today?

NOW IN CRISIS MODE: ARE THE SMALLER DENOMINATIONS COMING?

What is the CBI waiting for?

Do you remember the article in my 11/4 Newsletter? It was titled “FINANCIAL EXPERT: PEOPLE DO NOT TRUST BANKS AND ARE STORING THEIR MONEY AT HOME.” We must tie in these articles to other articles from the recent past on this subject matter of stashed of currency in the homes. But is the ‘mistrust’ in the banking system the real cause of these stashes now at this time, or just part of issue? Let’s explore this today.

Then let’s tie this article to the article in my 11/20 Newsletter titled “IRAQ IS SET TO IMPLEMENT A NEW CURRENCY MECHANISM ON DECEMBER 1, 2025” . Do you remember it? Let’s take another look at now that we know much more since. But it did not get implemented on Dec 1^st and so why? Could it be the elections and the issue with the Iranian militias? Remember once they implement this new currency mechanism there is no turning back. Everything must be in place for the financial entities to support it. My CBI contact has told me yesterday this date is now moved out until January 1, 2026. We should all understand why.

Here is the article again:

Also in my 12/2 Newsletter remember this article titled “THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM”? Central Bank of Iraq told us some types of currency, even less than 10,000 dinars, are not accepted from some banks, so the currency has accumulated among citizens. To solve this problem in the Central bank issued guidelines to private banks and currency dealers. The Central Bank of Iraq (CBI) has issued new guidelines and these institutions must deal with all types of Iraqi dinars, even worn out or damaged ones. Also the 250, 500 and 1000 Iraqi dinars are the least traded in the market, banks and currency dealers’ markets, and in some places are not accepted, so the small amount of money has accumulated among citizens. Today we also learn another reason why these notes are accumulating in their homes. It is because they are damaged and no one wants take the damaged notes.

The Central Bank of Iraq (CBI) had earlier said it had a shortage of cash, one of the reasons being the deterioration of the balance between the currencies, so they issued new guidelines and must deal with all types of Iraqi dinars. We were told about 15 trillion dinars are withheld by citizens. Economist Haider Sheikh said the central bank wants to solve the cash problem and eliminate the excuse of currency in transactions, so government offices and private banks have instructed to receive all kinds of money, because the money paid for salaries will not be in the market.

Previously, currency dealers and even some private banks accepted bills against the dollar at less than their value, but according to the new guidelines, bills will be accepted at the same value even if they are torn or old.

Okay, let’s keep going on this topic and tie in some more recent articles from the news this period of news.

In the following most recent article in today’s news, it becomes apparent that something is going to happen shortly to fix this issue or there is going to be more serious implications. Yes, it is now a crisis for the public.  It is titled “THE WORN-OUT CURRENCY IS A PROBLEM THAT IS WORSENING WITHOUT SOLUTIONS.” We have read many articles about the stashes of cash in citizens homes and how this cash is needed in the banks for loans. This cash is nearly 80% of the currency mass in circulation. This could also be why Iraq is holding steady on inflation being so low, this cash is basically withdrawn from circulation. In this article we hear of complaints about the situation and I quote from it –

“No one will take it from me,” Zainab al-Khafaji (an employee) kept repeating as she wandered among the shops near Sayed al-Halib in the Mansour district, before we asked her: “What is it that no one will take from you?” She replied: “Five thousand dinars torn up and glued back together.” She added: “I don’t know who gave it to me when I was shopping, and I tried to buy something with it again, but everyone refused it.”

Do you see that this is a crisis situation now? Why else would there be so many articles on this subject matter in the few months if not a crisis? Did you read just a few of the complaints?

Okay, so if no one will take these worn-out notes then what do the citizens do with them? They stash them at home and soon they pile up, as they have done. It is obvious that newer modernized polymer notes are in order and will not wear out so much. But is this the direction the CBI is really going in the first place? Is the goal not to go digital? But remember too that the CBI told us that cash is not going completely away for many years after this move to digital. Oh…. but there are solutions! The citizens must feel comfortable in any change and this must be handled carefully. I see a few things that are going to happen in the VERY near future and have to happen VERY SOON:  

• Implement the Project to Delete the Zeros and issue the newer modernized notes
• Suck in these damaged notes stashes from the homes back into the banks.

• Implement the digital dinar, said to occur at the same time as the newer lower denomination roll outs.

In doing these monetary operations my CBI contact told me there must be a balance necessary to keep inflation low. In other words, I was told that when they suck in the larger three zero notes, especially the damaged ones, they must balance them out so as to keep the monetary mass as 1/3 of what it is today. This is going to be tricky and will take much planning. This is however all planned out and just waiting for execution of the plan.

Here is yet another complaint from the article and I quote –

“Omar Sami (a vegetable seller) says: “I suffer from this problem every day, whether when taking money from customers or returning the change to them. He added that many shoppers get angry when he refuses to take or return worn currency, and the most common phrase is: “What am I going to do with it?” or “It’s not working, exchange it.”

These worn-out notes are becoming a crisis because the CBI has told us they are not going to issue newer notes and we all know why. This makes the urgency of the currency swap out imperative that it happen VERY SOON. I can even imminent.  

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Having read my RV Status for this period when do you think the RV will happen?

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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.

I am bringing you three prophecies today all dealing with the coming massive shaking. In my blog for years, I talked about resolving the corruption first within both Iraq and the U.S. Don’t we see this now? The U.S. is not allowing Iranian influence within Iraq to takeover. It is going after these terrorist organizations that have taken hold through the militias. Remember that you are not being told everything that is happening behind the scenes. In the U.S. the reason why we are seeing many politicians deciding to not run for re-election office and instead they retire, is that accusations of corruption is on their heels. Watch how God handles these radical Muslim organizations in America. There is a new breed of politicians coming, some are already here. There is a new party(s) that will evolve. It is no longer going to be a two-party corrupt system.

Prophetic Words from prophet: Julie Green

“Wide Spread Outages Are Coming”

You can start watching the video at the 17:38 mark.  From dec 13^th.    

“The Earth Will Shake Like Never Before”

You can start watching the video at the 17:00 mark.  From Dec 13^th.   

I have been waiting for this period of time since the 1980’s when I first read about it in prophecies. The prophecy today coincides with two other prophecies I have heard decades ago. One is by Kim Clement delivered in 2014. The other is in a book called Phoenix Rising by Mary Summer Rain. So, when Julie Green talks about ‘birth pains’ in her prophecy today, my ears opened up, I paid attention. Then you have to listen to Clement’s prophecy to fully understand what Julie and Mary are talking about when God says the earth will be shaken. like never before. I believe this ‘shaking’ part can be viewed in two ways: literal massive earthquakes and the shaking of the corrupt establishment (through more exposure and justice) that finally breaks their backs once and for all.

We are at the end of 2025 and so it is uncanny, almost scary in what is in these prophecies today. I call this a ‘convergence of prophecies’ and I have been waiting for this period for so long. No, I do not welcome it, and I wish it did not have to happen, but it is now here, and God has a purpose for it.

KIM CLEMENT:  A PROPHETIC WORD

“A WARNING THE FOR END OF 2025″

Will we see this prophecy now? We are at the end of 2025 and so is this shaking going to magnify? I think he is talking about Yellowstone National Park and its activity. Geologists say that this area used to be an ancient volcano that could blow and would destroy much of the surrounding area. God says through Julie Green’s prophecy today that God will limit the damage as it has the potential to destroy half of America in full force.

We are now witnessing the fall in the season of fall, that he mentions.

Listen how he talks about December, I believe it is the month we are in right now. God is going to release resources and we shall rejoice.

PROPHECIES FULFILLED—ANTI AMERICAN

We will have to face the radical Muslim communities situated in America sooner or later, but we will have to do something about them. Why not sooner. They have infiltrated America through lack of immigration law enforcement. More evidence that the leaders of these communities want more than to live free and raise families. They want control and power to instill Sharia law. Anyone who apposed it must die. This is their teaching. This is as radical as it gets.  

POLITICAL FIRESTORM: RECORDS REVEAL STUNNING NEW DETAILS ON BIDEN-FBI WEAPONIZATION AGAINST POLITICAL OPPONNETS.

Like I have said before the reason why the Biden Administration along with the FBI could not substantiate any evidence or even talk openly about it thus to justify probable cause for a search warrant is that the evidence they were looking for would accuse themselves. They only used the classified document situation as a hoax to justify their actions and look for the files. They were trying to bury the TRUTH by obtaining these files which contain self-incriminating evidence against them. Get it?  Oh… but do you really think Trump would be so stupid as to leave such evidence at his home in Mar-A-Lago? This evidence will come out and is slowly dripping out.

Today we learn what some of these files contained that Biden and Obama sent the FBI to find at Mar-A-Lago.

RESIGNATION NOTICE? – TAMPEX TIM WALZ 

It’s coming! This guy might have been the Vice President of the United States. That’s a frightful thought…. It’s just a matter of time now before the corruption pressures the administration to dump this guy.

MYPILLOW FOUNDER MIKE LINDELL SAYS HE’S RUNNING FOR MINNESOTA GOVERNOR

Yes, he decided to be part of the SOLUTION and not part of the PROBLEM. There is going to be a new wave of politicians, and we can see their character arising out of the ashes left behind by politicians like Walz. We need to PRAY for these people as they rise to power to help this country.

IS THE FEDERAL RESERVE BEING REPLACED?

It’s coming – Scott Bessent reveals what should REPLACE the Fed Reserve. There may be some major changes next spring. Let’s see what happens. Isn’t this exciting?

THE EXPOSURE OF CORRUPTION IN MINNESOTA HAS ONLY BEGUN.

You simply have to see this video to get an idea on just how bad and corrupt Minnesota really is and this is only the beginning. God, through his prophets has said it will all be exposed and justice will prevail and so it is.  

OPERATION ‘TWIN SHIELD’ IS WINDING DOWN AND HERE IS WHAT IT FOUND. JUST A TASTE…

LET THE CLOWN SHOW BEGIN…

HOW DID SHE GET ALL THAT MONEY?

For politicians on both sides of the isle we must begin to ask how they gained so much wealth in such short periods of time. For Ilan Omar it’s $30M in such a short period of time (3 years). Today let’s take a look at one in particular who put herself in the spotlight and deserves to be investigated along with others. Will this be her ultimate doom? Did she take some of that $1B “Feeding Our Future” welfare fraud money? How deep is she into this fraud? So how did she get all that money?

‘TREASON?’: ILHAN OMAR ACCUSED OF EXPLOSIVE CRIME

Is this all just hype? Can they really deport her? The pressure is building as more and more FACTS come out about who she really is and what she really represents.

CORRUPTION IN CALIFORNIA IS MUCH WORST THAN MINNIAPOLIS

Oh boy…. $24B missing! No one knows where it went? You won’t BELIEVE what the FBI just found on Gavin Newsom!!! Actually, it’s not so hard since we all know the guy is a dirtbag. so much for his governorship as a steppingstone to the Whitehouse. It’s so laughable I want to cry. How could this be happening in America?

By Dr. Steve Turely

SURPRISE! SURPRISE! HALF OF MINNESOTA VISAS ARE ‘FRAUDULENT’

LEAKED VIDEO OF ILHAN OMAR FUND RAISING RALLY RAISES SERIOUS QUESTIONS

What country is she really loyal to? Is it the U.S. or Somalia? Was Trump right?

This video should scare the pants off of everyone. Who the hell do these people think they are? Look carefully as Omar is beside him smiling and supports at what he says. This is her fund-raising rally.

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. 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.

TRUMP FLOATS ZERO INCOME TAX PLAN STARTING WITH BIGGEST REFUNDS EVER

The Trump administration is slowly rewriting the entire federal tax code.

Give it time as the country will finally realize that with the right-offs half the country does not pay income tax anyhow. It makes common sense that if you keep adding exceptions and eliminate taxes in the tax code, they why even have an annual filing process? Yes, we can see what is happening. A slow methodical breakdown and then replacement of how revenue is to be collected for the federal government in the near future. But these changes will have to get through congress and congress must remain within the conservative power base.

AL-ABADI RETURNS AGAIN… HIS BLOC: AL-MALIKI CONCEDED THE PREMIERSHIP TO US

BEHIND THE SCENES OF THE FRAMEWORK MEETING

The spokesman for the Victory Coalition, Salam al-Zubaidi, revealed on Tuesday the details of yesterday’s coordination framework meeting, indicating that al-Sudani is still clinging to the second term, but al-Maliki has no desire to assume the position of Prime Minister, and he supports the nomination of Haider al-Abadi for the position.

The Coordination Framework meeting discussed extensively the issue of deciding on a candidate for the position of the next Prime Minister.

Sudani is clinging to a second term, but Maliki has no desire to assume the position of Prime Minister and supports the nomination of Haider al-Abadi for the premiership.

The coordinating framework did not reach a final agreement on a single candidate, because the constitutional timelines gave the framework some leeway until the council convenes and its leadership and the presidency of the republic are elected, and the framework is keen not to exceed the constitutional deadlines.

The latest coordination framework statement carries political messages to Sunni leaders about the need to make their choice in the session.

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THE FINANCIAL PAIN HAS REACHED ITS PEAK, AND IMPLEMENTING REFORMS NOW IS MERELY A PUBLICITY STUNT FOR THE SUDANESE – EXPERT

Following the Economic Council’s decision on Monday to reduce government spending and maximize revenues, during a meeting chaired by Prime Minister Mohammed Shia al-Sudani, economist Ziad al-Hashemi said that the caretaker government’s presentation of a financial reform plan at the last minute aims to whitewash its reputation in its final days.

He hopes this announcement will encourage political parties to reappoint al-Sudani for a second term and give him the opportunity to implement this plan. Al-Hashemi expressed surprise at what is happening in Iraq, noting that governments around the world present their financial plans at the beginning of their formation to address financial errors, improve the quality of spending, maximize returns, and formulate their financial policies in a systematic and disciplined manner. He emphasized that the financial pain has reached the core of the government, and only harsh and painful measures that harm the citizen above all others will suffice.

(After the axe has fallen) The Iraqi government is playing for time and trying to score last points in its favor, and is proposing a financial reform plan to reduce spending and increase revenues!

Governments around the world, at the beginning of their formation, present their financial plan to address financial errors, improve the quality of spending, maximize returns, and formulate their financial policy in a systematic and disciplined manner, but what is happening in Iraq is something else entirely!

For the past four years, the Iraqi government’s program has been based on expanding spending through a highly politicized budget, which has inflated salaries and subsidies, piled up government employees beyond the needs and capacity of state institutions, magnified the financial deficit and accumulated debts, and allowed corruption to operate freely!

All of this happened at a time when Iraq’s financial revenues from oil sales and other sources were decreasing, yet that government paid no attention to either internal warnings or international reports, all of which were sounding the alarm in the face of that government and warning it of the dangers of inflated spending in light of deteriorating revenue, but there was no response!

After the opportunities for reform were lost and the financial problem grew dangerously during the past years, the government now appears at the end of its lifespan with a financial reform plan after the financial pain reached the government’s core and nothing but harsh and painful treatments that harm the citizen before anyone else will work for it!

It is unclear how the caretaker government will implement its financial plan, as it is a government stripped of powers and does not have enough time to implement all those major reform measures. Who will implement, who will commit, and who will set the timelines for implementation, and we are on the verge of forming a new government!

It is highly likely that this government wants to whitewash its reputation in its final days by announcing the financial reform plan, perhaps as a way to encourage political parties to reappoint the current Prime Minister and give him the opportunity to implement his reform plan!

But in any case, the next government, whether the current prime minister is reappointed or someone else is appointed, will face a difficult financial test that will force it to implement more harsh and painful measures, in which financial austerity may be the order of the day for the next four years!

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A NEW FINANCIAL ROADMAP FOR IRAQ: THE SUDANESE GOVERNMENT BEGINS REFORMING SALARIES AND BENEFITS.

In  a move described as bold and unprecedented, the government of Prime Minister Mohammed Shia al-Sudani is moving towards redrawing the financial map of Iraq by opening one of the most sensitive and complex files: the file of salaries and senior privileges in the state. 

The government is putting forward a reform vision aimed at streamlining spending and controlling operational expenses, with a focus on ending special privileges for presidencies and senior ranks, in an attempt to achieve financial justice, protect social stability, and ensure the sustainability of the general budget in light of internal challenges and accelerating global economic fluctuations.

On Monday, Prime Minister Mohammed Shia al-Sudani chaired an extraordinary meeting of the Ministerial Council for the Economy, during which a number of important decisions were made aimed at rationalizing expenditures and maximizing the state’s financial resources.

Regarding spending reduction measures, the Council discussed the allocations and salaries of the three presidencies, and the Prime Minister directed that an urgent review of this file be conducted, and that work be done to equalize the salaries and allowances of all employees of the Presidency of the Republic and the Presidency of the House of Representatives with the employees of the Presidency of the Council of Ministers, in a step aimed at achieving job fairness and reducing financial disparities.

Al-Sudani also directed the relevant committee in the Ministry of Planning to make the necessary update to the report on unifying the salary scale for all state employees, and to take into account the recommendations submitted in this regard.

The council decided to reduce the allocations for state employees’ travel by 90%, and to prohibit it except in cases of extreme necessity and with the approval of the relevant minister, in addition to reducing the rates of supervision and monitoring of new projects.

As part of reforming the social support system, the Council tasked the Minister of Trade with reviewing the ration card and reforming its mechanisms to ensure that it is directed to its actual beneficiaries from the vulnerable classes.

As for the procedures for maximizing revenues, the Prime Minister directed the ministerial committee formed under Cabinet Resolution No. (550) to reconsider the calculation of non-oil revenues in the Kurdistan Region of Iraq, which are currently deposited as a lump sum into the Ministry of Finance’s account, in coordination with the regional government.

The Council also stressed the need to support and enhance the implementation of the pre-declaration system in the Customs Authority in coordination with the Central Bank of Iraq, to ​​strengthen electricity collection, to review the current tariff, and to adopt automation and electronic payment exclusively in all collection operations, especially in the electricity sector, the Baghdad Municipality, and municipalities throughout the country.

 A clear roadmap for financial reform

In this regard, the Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, affirmed that the meeting of the Ministerial Council for the Economy with Prime Minister Muhammad Shia’ al-Sudani constituted a strategic milestone for setting a clear roadmap for financial reform, confronting the challenges of fluctuating oil prices, and reducing dependence on oil revenues.

Saleh told Al-Eqtisad News in a special statement that the meeting was dedicated to reviewing the reality of fiscal policy in Iraq, and the concept of fiscal consolidation as a tool to address the deficit and reduce the debt gap, especially internal debt, through re-engineering costs and controlling public spending, without resorting to shock measures or harsh economic surgeries, and in a way that preserves social stability.

He added that the Iraqi economy cannot remain dependent on oil revenues in light of global geopolitical fluctuations, noting that operational expenses constitute approximately 70% of total public spending, which necessitates a review of them according to clear and well-thought-out priorities.

Shocking figures 

Iraq spends about 100 trillion dinars annually on salaries for employees and retirees, at least 40 trillion of which goes to senior officials.

The 2024 budget amounted to more than 144 trillion dinars, with a deficit exceeding 63 trillion dinars.

In Iraq, there are approximately 6,000 employees out of roughly 4 million who are classified as “special grades,” and this group receives the lion’s share of salaries. Parliament and previous governments attempted to “streamline spending” and establish a “salary scale,” but these efforts failed due to resistance from those holding “high salaries.”

Iraq faces several risks due to its economy’s dependence on “oil,” a commodity that is subject to political and security crises around the world.

The number of job grades for the positions of “Undersecretary” and “Director General” is estimated at more than 500 grades (A) and about 5030 grades (B), a number that exceeds what exists in Britain and America, according to experts.

Employees in Iraq are divided into 10 job grades, in addition to the special grade (A), and they are in positions such as: Undersecretary of a Ministry, Secretary or Advisor in the three presidencies, up to the grade of Ambassador.

The top grade (B) includes the functions of the general manager and senior supervisory tasks, and then the job grades are divided from the tenth sequence down to the first grade.

In addition, there are more than 20 ministers, and more than 300 deputies or undersecretaries, along with the three presidents (of the Republic – Parliament – Ministers), totaling more than 6,000 positions that consume nearly 40% of the state’s total salaries, divided into salaries, allowances, security protections, and travel allowances, according to experts.

Saleh returned to continue his speech, pointing out that “the principle of reform begins from within the state institutions, through reviewing the structure of salaries and privileges, especially in the higher presidencies, as it is a national and social message that confirms the state’s commitment to justice, and consideration of the conditions of the middle and poor classes.”

He explained that “the meeting addressed the existence of clear gaps in public spending and miscalculations in some areas of expenditure, in addition to unjustified support that constitutes a continuous burden on the budget, which requires adopting the principle of reviewing expenditures followed globally, through re-evaluating expenditure items, and deleting or reducing the items that lead to an unjustified expansion in expenditures.”

He explained that the decisions discussed were classified as either measures that could be implemented immediately, or others that required study and gradual implementation, in line with the state’s approach based on gradual reform and avoiding direct economic shocks.

Saleh added that this approach comes as part of early preparations to restructure the 2026 budget, in light of expectations that oil prices will fall to levels that may range between $50 and $60 per barrel, while emphasizing the need to ensure the provision of salaries, wages and pensions as a top priority, without compromising the requirements of development and services.

He stressed that the Iraqi economy has good cash flows, but it needs higher fiscal discipline and more efficient management of resources, to ensure that every dinar is spent in the right way, and to pave the way for a more stable and sustainable economy in the medium and long term.

Accurate financial data

In addition, financial expert Abdul Rahman Al-Sheikhli believes that the recent decisions came in response to accurate financial data aimed at strengthening the state’s financial stability, in light of a relative decline in public revenues compared to rising levels of spending.

He explained that public revenues in the first half of 2025 amounted to about 62 trillion Iraqi dinars, a decrease of nearly 6% compared to the same period of the previous year, with oil revenues declining by 3.4% and non-oil revenues by 14%, which necessitated a review of financial policies in line with these changes.

Al-Sheikhly explained that the Iraqi economy still relies heavily on oil as a primary source of revenue, with oil revenues reaching approximately 56.7 trillion dinars, equivalent to 91% of total revenues, compared to only about 6.2 trillion dinars from non-oil revenues during the first half of the year.

He stressed that these indicators highlight the importance of diversifying income sources and enhancing the flexibility of the general budget in the face of fluctuations in global oil prices.

The financial expert pointed out that the measures taken reflect a reformist approach to address a number of challenges, including high current spending, particularly salaries and wages which account for a large share of public expenditures, in addition to limited investment spending.

He pointed out that rebalancing operational and investment spending is an important step towards supporting sustainable economic growth and enhancing resource management efficiency.

Al-Sheikhli explained that these measures have potential positive effects, most notably improving public finance management and reducing the budget deficit by rationalizing unnecessary operational expenses and directing support to those who actually deserve it, especially with the development of the ration card system and support for the most needy groups.

He also stressed that strengthening electricity collection and expanding reliance on electronic payment systems will contribute to increasing local revenues and raising collection efficiency.

Sheikhly stressed the importance of implementing these steps wisely and with balance, ensuring the maintenance of public services and the continuation of investment projects, while simultaneously working to develop non-oil revenues and encourage investment in productive sectors. He emphasized that the success of these measures requires effective oversight and close cooperation among various state institutions to achieve the desired objectives without imposing additional burdens on citizens.

Al-Sheikhli concluded his remarks by emphasizing that proceeding with these financial reforms has become an urgent necessity to strengthen the resilience of public finances and reduce the deficit gap, noting that these measures represent a real opportunity to lay more stable and sustainable foundations for the general budget, and reduce its vulnerability to fluctuations in oil prices and changes in production and exports.

No previous government has dared to amend the salaries of the three presidencies, not due to a lack of conviction in the necessity of doing so, but rather because of the political complexities and high sensitivity surrounding this issue. Such attempts were typically met with unspoken resistance and behind-the-scenes political pressure exerted by influential forces.

Any move in this direction would be fraught with political risks and could open the door to conflict between influential blocs and parties.

This issue was also viewed as a “red line” that was difficult to approach, for fear of it being exploited politically or interpreted as targeting a particular site or institution. This prompted successive governments to avoid getting involved in it, and to be content with talking about reform without translating that into practical decisions.

However, raising this issue today reflects a shift in the reform discourse, an attempt to break the deadlock in files that have remained unresolved for many years, and to convey the message that financial reform must begin from the top before the base, in a way that enhances public confidence and affirms the principle of fairness in the distribution of burdens, especially in light of the current economic challenges.

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THE CENTRAL BANK OF IRAQ ACKNOWLEDGES THE CRISIS: OIL PRICES AND LIQUIDITY WITHDRAWALS HAVE AFFECTED “CASH RESERVES”.

The Central Bank of Iraq confirmed on Wednesday that the decline in oil prices and the withdrawal of liquidity from the markets are two factors that negatively affect Iraq’s hard currency reserves.

The bank said in a report, which was received by Shafaq News Agency, that “Iraq’s reserves are closely linked to the size of oil revenues, which makes them vulnerable to fluctuations in global oil prices. Also, the monetary sterilization carried out by the Central Bank to withdraw liquidity from the market has a negative impact, due to the need to utilize foreign reserves.”

The bank added that “oil prices fell from $81 for the second quarter of 2024 to $69 for the same quarter of 2025, and consequently reserves decreased from 142.69 trillion dinars to 126.16 trillion dinars for the same period.”

He pointed out that “the Central Bank’s withdrawal of cash liquidity from the market in order to maintain monetary stability led to an increase in cash receipts (i.e., the bank’s acquisition of dinars in exchange for selling dollars), from 18.37 trillion dinars to 21.66 trillion dinars for the same period (i.e., an increase in dollar sales), in addition to the practice of the general budget deficit, which has an impact on net foreign reserves.”

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POLITICAL ENTITIES PROPOSE THREE PATHS TO ADDRESS THE FINANCIAL CRISIS IN IRAQ – URGENT

Former MP Mohammed Mahdi Al-Bayati presented three broad outlines for addressing the financial crisis that Iraq is going through, on Tuesday (December 16, 2025), while indicating that the next government will be facing complex and difficult issues. 

Al-Bayati told Baghdad Today, “Iraq is actually suffering from a severe financial crisis whose repercussions have begun to appear in the past few months, which requires a serious effort to find objective solutions that have been proposed for years.”

He added that “the next government will face complex, difficult and critical issues at the same time, especially in the financial, economic and trade aspects.”

He explained that “reconsidering the tax file, managing border crossings, collecting services, addressing unnecessary spending in ministries, agencies and government institutions, as well as taking a serious stand regarding the high allocations for some job grades, especially the special ones, and addressing the file of non-oil revenues in general, represent important solutions to alleviate the impact of the financial crisis.”

Moving towards a diversified economy

Al-Bayati pointed out that “the accumulation of past years and the failure to develop economic trends capable of absorbing challenges, especially the repeated decline in oil prices, have begun to clearly affect the national economy, especially since more than 90% of the treasury’s revenues depend on oil sales.”

He stressed that “the transition to the principle of a diversified economy has become an urgent necessity, otherwise the country will be facing a critical financial situation,” emphasizing that “the financial file must be a priority in the next stage to ensure the flexibility and smooth payment of dues, especially salaries.”

Al-Bayati ruled out “taking a decision to raise the dollar exchange rate at the present stage,” explaining that “this issue is linked to other dimensions, including political ones,” noting that “activating the principle of non-oil revenues represents a top priority in the next stage.”

Financial deficit and weak non-oil revenues

On October 11, 2025, the Eco Iraq Observatory confirmed the existence of a financial deficit due to the country’s reliance on oil revenues, while monitoring the size of monthly spending and revenues.

The observatory said in a report received by “Baghdad Today” that “monthly public spending reached about 11.5 trillion dinars compared to revenues that did not exceed 10.5 trillion dinars, which indicates a clear financial deficit resulting from the state’s reliance on oil revenues and the weakness of non-oil revenues.”

He added, “The monthly public spending is 11.5 trillion, while the monthly revenues amounted to 10.5 trillion.”

He added that “oil sales in August amounted to $7.1 billion through the export of 104.7 million barrels, at prices of $65 per barrel,” believing that “the price per barrel will reach $60.”

The observatory added that “monthly oil revenues reach approximately 9.3 trillion dinars, while non-oil revenues did not exceed 2 trillion.”

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SALEH’S STATEMENT: THERE IS NO LIQUIDITY CRISIS, AND THE GOVERNMENT IS PROCEEDING WITH PREPARING THE 2026 BUDGET.

 The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, confirmed on Wednesday that there is no severe liquidity crisis in the short term, while indicating that the government is proceeding with the preparation of the 2026 budget within the medium-term framework of fiscal policy.

The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, said in a press statement that “governments usually resort to spending cuts when faced with pressures resulting from fluctuations in revenues or high current obligations, especially in rentier economies dependent on a single resource such as oil.”

He explained that “these measures come in light of fluctuating oil prices and increasing spending requirements, which necessitates discipline in managing liquidity.”

Regarding the possibility of liquidity problems in the coming period, Saleh stressed that “the government is not expected to face a severe liquidity crisis in the short term, as long as oil revenues remain at their current levels and coordination between fiscal and monetary policies continues,” indicating that “continued pressure on operational spending may lead to a relative widening of the 2026 budget deficit, unless it is accompanied by controlling expenditures and strengthening non-oil revenues, especially tax and customs revenues.”

Regarding the preparation of the draft federal general budget law for 2026, he indicated that “the financial authority and the government have made significant progress in preparing it within the medium-term framework of fiscal policy,” expecting that “the draft will focus on achieving a balance between fiscal sustainability and development requirements.”

He added that “initial indicators suggest that investment and service projects will remain at the forefront of priorities, especially those related to infrastructure, energy and basic services, which will enhance economic growth and alleviate social pressures, while simultaneously striving to rationalize operational spending and improve its efficiency.”

He stressed that “the real challenge lies not in the size of the spending itself, but in its quality and efficiency, and in the ability of public finances to gradually move from the logic of crisis management to the logic of sustainable development planning.”

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PRIME MINISTER MOHAMMED SHIA’ AL-SUDANI CHAIRS A SPECIAL MEETING ON THE OIL AND GAS SECTORS.

Prime Minister Mohammed Shia Al-Sudani chaired a special meeting on Wednesday concerning the oil and gas sectors, in the presence of the Ministers of Oil and Finance, a number of advisors, and senior staff from the Ministry of Oil and SOMO.

His Excellency affirmed the government’s intention to review the financial and economic aspects and raise the efficiency of the Ministry of Oil’s sectors, as they are the main source of revenue for the state’s general budget.

The meeting discussed plans to develop crude oil production and exports, as well as efforts to achieve self-sufficiency and export petroleum products, and to determine the rates of local consumption.

The meeting addressed the localization of industries necessary for the oil sector, and the development of national capabilities in the public and private sectors in the fields of drilling, extraction, mechanical engineering, and others, in order to rely on national personnel in these aspects.

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MONETARY POLICY INDICATORS CONFIRM THE CENTRAL BANK WILL BE FIRST IN 2025

By Samir Al-Nassiri

In countries that adopt an institutionally managed economic system, each institution retains its independence and authority to manage economic affairs according to the methodology and philosophy that aims to achieve economic stability and the well-being of society.

Therefore, central banks receive special attention in most countries of the world as the sovereign and prudent economic institution concerned with achieving the above goal through the application of monetary policy tools and the realization of its objectives.

With the approach of the end of 2025 and the beginning of 2026, and following a review and analysis of the policies, programs, and procedures implemented by the Central Bank of Iraq in 2025—a year of political and economic challenges and crises, and numerous changes at the global and regional levels, which negatively and positively impacted the Iraqi economy—the Central Bank demonstrated its wisdom and efficiency in overcoming challenges and moving forward to achieve its objectives set for the next three years.

It also proved to be the leading economic institution in 2025. On this occasion, we must appreciate the outstanding efforts made by the specialized administrative and technical leaders and distinguished employees of the Central Bank who contributed effectively to the implementation of what was stated in the government program in Axis 12 (Financial and Banking Reform) during the years (2023-2025) and the Central Bank’s third strategy and the comprehensive banking reform project.

The launch of the financial inclusion strategy, the promotion of digital transformation, the activation of electronic payments, and the strengthening of cybersecurity. The Central Bank was able to achieve economic growth and stability in extremely complex economic, security, and political conditions, and was able to implement developmental, structural, and technological policies and programs, and take numerous measures in cooperation with the government to regulate foreign trade financing, control foreign transfers, integrate into the global financial and banking system, comply with international standards, and move to the electronic platform.

Achieving the main and sub-goals of its third strategy and starting to implement the comprehensive banking reform project according to the paths drawn up in cooperation with the global consulting firm Oliver Wyman to enable the banking sector to grow and develop and to be a solid, comprehensive, modern and flexible sector that works hard to build a rapidly growing national economy, contributes to development and investment, creates a cumulative increase in the gross domestic product, provides one million job opportunities for the unemployed, raises the market value of the private banking sector and achieves rewarding and sustainable returns for its investors. In addition to increasing foreign investment and achieving growth in financial inclusion, financing and deposits.

Analysis of monetary policy indicators as of the third quarter of 2025 indicates the building of foreign exchange reserves of around $100 billion. Gold reserves at the Central Bank recorded a significant growth rate of (64%), reaching a value of (27.552) billion dinars, equivalent to (173) tons during the same period, compared to a value of (16.817) billion dinars in the second quarter of 2024.  The decrease in the issued currency contributed to a decrease in the inflation rate, which maintains the stability of the general price level, as the currency issued by the Central Bank recorded a decrease in the rate of (5.50%), reaching (99.681) billion dinars during the same period, compared to a value of (104.127) billion dinars in the second quarter of 2024.

The decrease in the inflation rate also indicates a decrease in the general price level, as inflation recorded a low rate of (76%), reaching (0.8%) compared to the second quarter of 2024, which reached (3.5%). This confirms that the Central Bank was able to build basic pillars for monetary and economic stability and achieve the most important objectives of monetary policy.

Therefore, I believe, with complete impartiality and transparency, that we should stand in respect for the efforts of the Central Bank and its distinguished staff who achieved the above. 

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THE WORN-OUT CURRENCY IS A PROBLEM THAT IS WORSENING WITHOUT SOLUTIONS.

“No one will take it from me,” Zainab al-Khafaji (an employee) kept repeating as she wandered among the shops near Sayed al-Halib in the Mansour district, before we asked her: “What is it that no one will take from you?” She replied: “Five thousand dinars torn up and glued back together.” She added: “I don’t know who gave it to me when I was shopping, and I tried to buy something with it again, but everyone refused it.”

Al-Khafaji’s situation is like that of many citizens who suffer from the difficulty of making purchases with worn-out currency, unlike what happens, for example, in the Kurdistan Region of Iraq or neighboring countries.

Omar Sami (a vegetable seller) says: “I suffer from this problem every day, whether when taking money from customers or returning the change to them.”

He added that many shoppers get angry when he refuses to take or return worn currency, and the most common phrase is: “What am I going to do with it?” or “It’s not working, exchange it.”

Financial expert Thamer Al-Azzawi says: “The reason for not trading them is the difficulty of exchanging them, as one has to go to government banks and wait and go through other routine procedures.”

He added that “the solution to ending this phenomenon is to reach an agreement with exchange offices to exchange them with citizens, granting them facilities and privileges, or to resort to updating the currency as happened in many European and other countries, where plastic materials were used when printing.”

“The currency.”

Regarding the possibility of electronic payment as an easier alternative, Al-Azzawi said: “It is too early to say that electronic payment can replace cash. Yes, the experiment has been very successful thanks to the current government, but a large part of the citizens are still not confident in it and believe that cash is better and more reliable, even though the opposite is true.”

According to the Central Bank of Iraq, damaged banknotes can be replaced without penalty if the banknote is worn or damaged even if it is not torn and no parts are missing; if the banknote consists of two parts (with different serial numbers) and its area is similar to that of the original banknote and it is held together with adhesive tape; if the banknote is held together with one or more pieces of transparent adhesive tape along its length or width; if the banknote has a cut in more than one corner; if the banknote has a printing defect (in terms of design, size, color, or other security features that are present on genuine banknotes); if it contains stamps or writing that do not affect its external appearance; or if the banknote is missing less than

50% of its area.

However, the Central Bank confirmed the confiscation of damaged banknotes unfit for circulation if the banknote’s exterior has been altered by writing, drawing, printing, stamps, or if it contains adhesive material, or if the banknote has lost 50% or more of its area, or if it consists of two parts on one side. In the event that there is evidence that satisfies the Central Bank that the missing parts of the banknotes have been completely destroyed, they will be partially or fully compensated.

Completely. For his part, Subhi Hussein (a bus driver) says: “I have accumulated a lot of small denominations of 1000, 500 and 250 dinars, most of them damaged or with writings and other things on them.”

He added that many people pay with it under the pretext that they have no other, “which forced me to exchange it, but for a smaller value, because it is difficult to buy with it or exchange it at banks, as most banks refuse to accept it.”

Alsabaah.iq

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THE CABINET APPROVES {REDUCING EXPENDITURES AND MAXIMIZING REVENUES}

The Cabinet yesterday approved the recommendations issued by the Ministerial Council for the Economy regarding reducing expenditures and maximizing revenues, as part of the economic and financial reform program. This comes at a time when the Prime Minister’s financial advisor, Dr. Mazhar Muhammad Salih, expects the state to achieve initial tax revenues of approximately 8 trillion dinars this year, representing about 50% of the total non-oil revenues estimated at between 16 and 17 trillion dinars, with the possibility of these revenues rising to 18 trillion dinars by the end of the year.

Saleh explained to Al-Sabah that these indicators reflect a gradual shift in the structure of public revenues away from total dependence on oil, as the government aims to raise the contribution of non-oil revenues to about (20%) of total public revenues, compared to less than (10%) in previous years.

The Ministerial Council for the Economy approved a package of decisions related to reducing spending and maximizing revenues, during an extraordinary meeting held on Monday, chaired by Prime Minister Mohammed Shia Al-Sudani.

The Council decided to equalize the salaries and allowances of all employees of the Presidency and the Parliament with those of the Prime Minister’s office. It also tasked the specialized committee within the Ministry of Planning with urgently updating the report on unifying the salary scale for employees, in accordance with the recommendations submitted on this matter. As part of the spending reduction measures, allowances for official travel for government employees were cut by 90%, and travel is now prohibited except in cases of necessity and with the approval of the relevant minister.

On the sidelines of the fifth regional conference of the Al Baraka Forum for Islamic Economics held in Cairo, the Governor of the Central Bank, Dr. Ali Al-Alaq, confirmed that Iraq has succeeded in reducing the inflation rate to about (1%), and increasing the size of foreign reserves, while maintaining the stability of the exchange rate, despite the fact that public finances depend on oil by more than (90%).

Alsabaah.iq

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AL-MOUSSAWI: FORMING THE NEW GOVERNMENT MAY TAKE A LONG TIME.

MP Mukhtar al-Moussawi affirmed on Wednesday that forming the new government in Iraq faces significant challenges and will not be achieved quickly without the consensus of all political factions, whether Shia, Sunni, or Kurdish.

Speaking to the Information Agency, al-Moussawi stated, “The continuation of the current situation without serious and urgent action to resolve the political disputes related to entitlements and the nomination of candidates will lead to a lengthy delay in the government formation process.”

He pointed out that “reaching an understanding on the presidency is the essential and necessary first step, followed by an agreement on the Speaker of Parliament, so that a date can be set for the opening of the new parliamentary session.”

He explained that “these steps are part of a political system followed in many countries to ensure the smooth and transparent progress of the constitutional process,” noting that “the continuation of the current stalemate and the failure to reach a swift agreement will cause the government formation process to take more than two months, negatively impacting political stability and hindering the implementation of the government plans and programs that the country is awaiting.”

Al-Moussawi called on “all political parties to expedite reaching an understanding and prioritize the national interest over partisan and factional interests, in order to overcome the current crisis and finalize the formation of the government as quickly as possible.”

Almaalomah.me

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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

dd

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:

December 16, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. Which road will Iraq chose to follow?

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 December please reconsider.

 Let’s all try to chip in!

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Psalm 37:4

“Delight yourself in the Lord; And He will give you the desires of your heart.”

STATUS OF THE RV

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If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is early December and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

I want to thank everyone for your comments in the blog and expressing how you feel about the RV timeline for Iraq. There are no “opinions”, we must look at the FACTS. We can clearly see that an attempt to reinstate the dinar according to Dr Shabibi’s plan is underway. What we don’t know of course is when. Will it happen in 2026 or 2027? There is much more evidence that everything is pointing to early 2026 for them to normalize the dinar and place it back on FOREX for trading.   

We are told today that parliament will begin its first session on December 29^th. WOW! That is very close. Remember parliament is the first of the three branches of the new Iraqi government that must formed and after the election. So, we see parliament will begin within the window for the early January CBI target. We also know that the new president of Iraq must then be announced and he will eventually introduce the new prime minister. See the recent article titled “A PRESIDENTIAL DECREE SETS THE 29TH OF THIS MONTH AS THE DATE FOR THE FIRST PARLIAMENTARY SESSION.”

The President of the Republic issued a presidential decree on Tuesday setting the date for the first session of the new parliament on December 29, to be chaired by the oldest member.  Also see the article titled “FROM RATIFICATION TO GOVERNMENT FORMATION: CRUCIAL CONSTITUTIONAL STEPS IN THE PATH OF THE NEW IRAQ” for more information. What’s next?

• We have been told that Iraq is going to try the 3-year budget again and there will be another tripartite budget for 2026-2028 and it can’t be opened until it is voted on and passed in the new parliament. Will this be one of the first legislative tasks in the new parliament?
• Do they want to take up the Oil and Gas law and get this mandate completed? Will this be another one of the first legislative tasks in the new parliament?

• Remember the reasoning behind Dr Shabibi telling us that January is the “best opportune time to reinstate the dinar with a significant rate” is that the annual budget its supposed to be ready to open and allocated out to spend in January. But obviously, this may NOT going to be the case but it may be close. Is this maybe why we have not yet seen the removing of the zeros during the fall months as the CBI planned to do? Remember that the CBI is ready but the GOI has to always play catch up.   

To show you just how close we are to the reinstatement in today’s Newsletter we will first be going through a past journey we all just experienced under Al-Sudani as the prime minister working with Ali Al-Alaq in the CBI. We will use a couple recent new articles about the White Paper. Yes, the White Paper sticks its head up again for us to notice about the reforms. What does it say and why are they bringing this up again in two recent articles? Ironically, it seems two economists are debating whether or not the White Paper began the reform process. It is all silly stuff as we all know by our study so far that it did and was the driving force.

If you recall from the White Paper on page 50 it says that the objective of the White Paper initiative is to get the dinar back trading on FOREX paragraph ( c) item 6. Of course I am paraphrasing. But again, there is opposition to the White Paper as these two articles are not very friendly to what the CBI has been doing over these last four years and since the White Paper initiative took hold. The White Paper was written in 2019-2020 but really did not take hold until 2023 when the GOI and CBI began their more positive move to implement it under al-Sudani.

Yes, there were necessary structural banking and financial changes. The reforms had to first take place before FOREX. We witnessed these reforms and so now it is time to move to FOREX. Do you recall these “Pillars of Financial Reform”?

You might want to revisit my link on the blog and refresh your memory on the White Paper. Yes, there is a LINK to actually read the entire White Paper. No guessing, no opinions and especially no TNT, Markz or Bruce rumors……

ITS TIME TO EXECUTE THIS PART OF THE WHITE PAPER!

6. Opening other specialized markets in the country under the umbrella of the Securities
   Commission, i.e. the commodity market, in cooperation with counterpart bodies in other
   countries, and the currency exchange market (Forex).

CONTRADICTIONS.

So, let’s dive deeper into today’s key articles and take a look at the contradictions by the economists. The complete title of today’s controversial article is “DOLLAR RISE, SALARIES CUT, AND NO FOOD RATIONS… EXPERT: IRAQ HAS BEGUN IMPLEMENTING THE “WHITE PAPER”. “On Friday, December 12, 2025, economist Nabil Al-Marsoumi spoke about the repercussions of the “White Paper” adopted by the International Monetary Fund and the World Bank to manage economic crises in developing countries, which Iraq has begun to implement.”

It is obvious by the title alone that the author believes the FOREX move will rise the dollar, cut salaries and end food rations (food stamp program). And yes, it probably will do most of it. Hey Iraqi’s if you are reading my Newsletter today, I am telling you it is going to be much better on the other side once the dinar is on FOREX and investment money and jobs flow into Iraq. You will no longer need food programs designed only to help you through the war-torn embargo/sanctioned days so people didn’t starve. These days are over, get it? It is now time to step out of these dependencies. You will not need low-paying jobs with erratic payment schedules and NO the dollar will not rise as it will be squashed. This author is FEAR mongering.  

Instead, the author should be encouraging what is about to happen and give the citizens the advantages as we have read in so many other recent articles. These economists need to educate not discourage the citizens.

I find it very interesting that the author points out a list of ten (10) items consisting in

 the economic reform package (White Paper) adopted by the International Monetary Fund. Two of which I find are VERY interesting and consist of:

1.Reducing the exchange rate of the national currency and then floating it.

2.Liberalizing all prices and trade.

So, the author points out two parts of the reform package we, as investors, want to see happen. These two items on his list are the real guts of this article for me, how about you? They expose once again what the CBI is about to do and the author apparently does not like it and is criticizing it.  

Then there is the second article titled “MY PERSPECTIVE ON THE DINAR AND ECONOMIC REFORM, BASED ON WHAT DR. NABIL AL-MARSOUMI WROTE ABOUT THEM”. Again most of this is just non-sense. He bashes Al-Marsoumi’s article but he too promises no real solutions for Iraq to progress. His “opinion” actually makes no sense and contradicts most of what the CBI is trying to accomplish. Doesn’t he also realize all the reforms already done and the ongoing Banking Reform Plan? Again, opinions with no real FACTS to back it up are just opinions. It again is short-term thinking. It is not visionary, forward thinking towards a western world of progress and only thinks about the Saddam Hussien era of living in a socialist society. Seems he wants this socialism to continue. I got to tell you I almost fell off my chair when I read such nonsense. Are these two economists Al-Marsoumi and Dr. Shawwan Zangana socialists?  

Although Dr Zangana does make one sound point and I quote from his article:  “Corruption and mismanagement have brought Iraq to this state, and its continuation means the inevitable failure of reform measures. I think the time has come for the marginalized class of the national elite and entrepreneurs in the markets to take their place in the constructive and effective contribution to managing the course of the economy in Iraq, whether those in power accept it or not.” This statement makes me believe this guy lives in his own bubble of a world from the past and has not yet grasps the magnitude of the changes (reforms) that have already occurred over these last four (4) years and are still ongoing with the CBI Banking Reform Plan.

I also do not understand his opening statement and I quote “The “White Paper” was never a reform paper, and it never will be.” To me this statement alone tells us just how out of touch Dr Zangana really is with reality in Iraq. Is he playing politics or economics in his statement? Is he really an educated economic professional?

If he would only take the time to actually read the White Paper, he would clearly see it was a recipe to reform from the standpoint of the three main ‘Pillars of Financial Reform”. The document even goes in-depth on the what has to be corrected. Yes, the White Paper does not address all the solutions but it clearly states it is a “working paper” designed as a starting point to begin the reforms and what areas needed to be addressed. How can this not be about reforms? The CBI has also addressed directly the White Paper in its statements on the reforms taking place. Remember this picture? It was formulated by the CBI.

How many times have I referenced this picture to you? The main driving reforms are right out of the White Paper page 47. Go read it yourself. The picture I present to you is from the CBI as it described these three main areas of concern in a report on this matter in 2023, which they didn’t want to talk about the White Paper perse as it was from another administration. Yes, politics again. They wanted their own version of the White Paper. But the principles and doctrine is the same. In fact, they really never came out with a similar document and just reengineered the White Paper in their actual reform program under al-Sudani. My question now is that al-Sudani has to continue the reforms all the way through and we know he must support the CBI in the removing of the zeros and the reinstatement. I do not want to think about what would happen if the forward-thinking al-Sudani does not get a second term and another prime minister is selected thinking like these two economists Al-Marsoumi and Dr. Shawwan Zangana. Oh boy!

CHANGE IS HARD.

Why do these economists fight this change so much? This is what Ali Al-Alaq, the governor of the Central Bank of Iraq (CBI) has to contend with. It is obvious that these many economists in Iraq are not neutral in their “opinions” and they are bias towards  social programs that drain Iraq and were keeping it back from any progress forward.

This is a reason why I keep telling you it is an uphill battle to finally “normalize” the Iraq dinar and bring it back to its glory days. These economists are short-sided, unprofessional in their studies and do not realize (or want to realize) the true potential of the Iraqi dinar in moving back to FOREX. They don’t realize what is at stake and must first take place and that there is going to be some pain in the process. Or maybe they do realize it and just want try to stop any real progress with their propaganda messages. Are they also backed by Iranian influences and so of course they do not want any real change to their system of opportunities for money laundering to Iran. The ultimate proof of the reforms is the inflation rate and it has been less that 1% for years. This is in part the IMF criteria for STABILITY and yet they don’t even recognize it in any of their analysis.  

Remember also many of these economists in Iraq studied and grew up under Saddam Hussien’s socialist economy and so they are used to giving away freebies to the people as a means of controlling the people. It is apparent their thinking in a capitalistic, free market economy has not yet adjusted and grown. In a free market the people’s wealth comes from the earnings from job salaries, benefits and entrepreneurship. It is not given as handouts. Everyone should have a fair chance to move ahead to the next layer of social standing and wealth class. It should be the government that monitors and helps the process to ensure the constitution and republic is sustained to provide these things.

These economists do not seem to be educated in this thinking. Are these social handouts now what is hurting Iraq and hindering its success as billions have to be paid out each month on government salaries and benefits. Is this choking Iraq? This money can’t be used to rebuild the war-torn Iraqi cities. Everyone seems to work for the government. This is the ‘rentier’ economy that must change. Iraq is too dependent on the oil revenues to keep the economy going. If oil slips so does Iraq. It is funny how in these two economists they do not talk about this, do they?  They offer no solutions only more free handouts. By reading these articles today one can’t help but think that people like these short-sited economists in Iraq are really “part of the problem” and “not the solution”.

WHAT ELSE IS IN THE NEWS?

So, this negative news is mostly propaganda and we can pick out some good aspects from it. As if this news about the resurrection of the White Paper was not enough fake negative news we read in another article titled “HANTOUSH: INTERNATIONAL FINANCING DIFFICULTIES AND EXCHANGE RATE CHALLENGES THREATEN THE STABILITY OF THE IRAQI ECONOMY.” “Economic and banking expert Mustafa Hantoush confirmed on Thursday that Iraqi companies and the private sector are facing significant difficulties in obtaining international loans to finance major projects due to Iraq’s low credit rating and the high costs of guarantees and interest rates on foreign loans.” Really? Is Hantoush just bashing Iraq again? Yes, yet another economists, a downer, that does not truly understand Iraqi economics. Is he too part of the problem and not the solution? I will prove my point when the following article below came out just after Hantoush’s commentary.

😊Then in another article comes out about the Iraq credit rating of a (B-) and again challenges what was said in the other article. This rating is not so bad if you ask me considering that the dinar is still suppressed and the country is growing the way it is. Also, in the recent news about the Iranian militia and the U.S. stance on it. See article titled “FITCH AFFIRMS IRAQ’S CREDIT RATING AT (B-) AND PRAISES “INTERNAL STABILITY”

I quote from the article “The Iraqi Ministry of Finance announced on Monday that the international credit rating agency Fitch has affirmed Iraq’s sovereign rating at (B-) with a “stable” outlook. The ministry said in a statement, received by Shafaq News Agency, that this step reflects international confidence in the ability of the Iraqi economy to maintain its financial and credit stability despite the current global and regional challenges.”

Why is Hantoush so down on Iraq? Is this more propaganda? Again, change is hard.

What I did like about Hantoush’ s article is his statement and I quote “He also noted the existence of “huge amounts of cash held in homes, estimated at 70 to 80 trillion dinars, which have contributed to speculation in the real estate market and an unjustified rise in prices, necessitating a sound monetary policy to control the markets.” He concluded by emphasizing that “the continuation of the current situation without genuine reforms will lead to a deterioration of economic and social conditions, with increased poverty rates and greater pressure on salaries and market liquidity.” So, the pressure mounts even from the economists that realize this stashed cash must be freed up to liquify the banks. As investors following this RV saga we know this probably will not happen until they execute the deletion of the zeroes project and force they to turn in these hordes of money.

Like the U.S. in its last election, Iraq too could never be at a more critical time in its modern-day history, than right now. The results to their last November election will either make or break Iraq. I believe that Iraq will make the correct choice and chose prosperity and growth over the terrorist organizations residing in Iraq. To me it makes common sense they would but we all know this is often not applied in politics…lol..lol..lol… ☹

In the article titled “WHAT AWAITS IRAQIS IS “WORSE THAN OCCUPATION”… A SUMMARY OF WASHINGTON’S MESSAGES AND ACTIONS TOWARDS BAGHDAD – URGENT.” We can see once again the double-edged sword with the dollar. Of course the U.S. is going to use the dollar as leverage to create some sanity in this last election cycle.

How much news have we read about Iraq in ditching the dollar over these last couple years? Yes, they de-dollarized Iraq (except for the black market) and after reading this article today you will fully realize why. I encourage everyone to go read it. It is long and I can’t take up too many pages here to analyze it. I will just add a few comments below.

So, we can clearly see yet more progress today of Iraq stepping out of the sanction mode and moving to the global economy once again and the resistance to it. Yes, it is an uphill battle. We should all know the resistance is caused by too many years in the unwarranted sanction mode and the mindset that set in of thinking that corruption was going to be the future of Iraq and even the rule of law, as just this year parliament was going to take up a bill to legalize and fund the Iranian militia. Of course the U.S. stopped this nonsense. But we must ask what the hell is going on in Iraqi thinking.

Yes, a proxy Iranian puppet state funneling their oil revenues to Iran, meanwhile cities, schools, churches, hospitals, essential services are lacking. The economists today in the articles even complain about the situation in lack of services for the average citizens. But do they realize why? Do they realize trillions, not billions have been stolen from Iraq and how Iraq could have been rebuilt twice over will all this money. Yet Iraqi citizens stay in poverty. Oh boy… sounds like what they wanted to do in the U.S. too feeding and housing all these illegal immigrants, yet there are homeless and hungry American citizens. So, who is behind all this irrational thinking?

In Iraq the main driving force, if you really think about it, is the hinderance of stopping this madness by the continuance to sell oil for dollars only (petro-dollar). This idea was instituted to, so-called help Iraq get through the embargo and then the Chapter VII sanctions. But these sanctions are all over now and so Iraq keeps asking why are we still selling oil for petro-dollars? I ask the same question too…. lol.. lol.. lol.. ☹ Let’s now also forget that right now the dinar is still on the sole de facto peg to the US dollar. Is the dollar really helping or hindering Iraq at this point in time? Is it time to “fully” ditch the dependency on the dollar in all aspects? Yes, all aspects! We see that trade payments have taken a partial step away from the dollar as Iraq is not allowed to pay for imports in any currency. But again, I have to add that the process of dollars has been in place too long already and “so change is hard.” So, this article today is giving us yet more reasons why Iraq has to totally ditch the dollar. The U.S. might use it currently to bribe Iraq once again to do its bidding but this only adds more gasolene to the fire and motivates Iraq even more to DITCH THE DOLLAR. Remember that Iraq can’t ditch the dollar entirely until it changes it sole peg to a basket of currencies, goes back to FOREX trading, floats the dinar. The U.S. knows this is inevitable too.  

This always bring me to yet the point I need to make once again. The point I need to make clearly today is this – is this stagnation and slow movement out of the sanction mode (now almost 4 years) really the reason why Dr Shabibi wanted to remove the zeros and reinstate the dinar way back in 2012-2013? Did he know something back then that we are now only realizing?

Folks that was twelve (12) years ago even before ISIS invaded Iraq and the Iranians moved in. Get it? Then the ISIS war began the following year – coincidental? Did some entity behind the scenes see that it was to becoming more and more increasingly harder to hold back the liberation of the Iraqi dinar under Dr Shabibi? Is this why they ousted him from the CBI and created this ISIS war scenario? Of course, we all should realize by now the December 2012 allegations of corruption in the CBI was a narrative served by Nori al-Maliki probably either by the CIA or the Iranians. Is this why the Obama foreign policy  in the middle east actually favored the Iranians so much? Think about it – he pulled all US troops out of Iraq in December 2012 leaving the door wide opne for ISIS. Didn’t CIA intelligence tell him that ISIS was already in Syria operating and could infiltrate Iraq soon? Of course, this intel came out now. We must step back, clear our minds and ask was this ISIS war intentional and to serve a purpose for Iran. Was it to seed the militia inside Iraq. Is it now time, under Trump, to un-seed these militia out of Iraq? Yes, more corruption that has to be undone. So, this article today really helps us think about what is going on in Iraq.

😊 So, this next article is really all-telling to us investors it is titled “IRAQI FOREIGN MINISTER: ENDING THE UNAMI MISSION IN IRAQ REFLECTS THE PROGRESS AND STABILITY ACHIEVED.”  WOW! WOW! WOW! Could this be the proverbial ‘icing on the cake’ that sounds the alarm to us investors that Iraq is moving to a more normalized phase. A phase better than even before the 1991 invasion? Well folks it has to happen sometime and so why not now. This again is yet more evidence we may in fact be in for a reinstatement soon.

In summary, here we sit it’s December 16, 2025 already and so the RV may still be on target for early January. Who moved my cheese? Nobody has moved the cheese yet. We can clearly see the movement of the GOI towards early January to get the government formed. Remember as long as they don’t open the budget they can still reinstate and even if they do, it’s just easier to manage it when they start the new fiscal year with a new rate. Think about it. They used this same tactic in 2020 when they declared the devaluation of the dinar on December 20, 2020, but it was not effective until January 1, 2021.  I plan to talk more on Thursday about this situation once I review it with my CBI contact on Wednesday. Stay tuned.

Is somebody going to move our cheese again?

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Having read my RV Status for this period when do you think the RV will happen?

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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.

I am bringing you three prophecies today all dealing with the coming massive shaking. In my blog for years, I talked about resolving the corruption first within both Iraq and the U.S. Don’t we see this now? The U.S. is not allowing Iranian influence within Iraq to takeover. It is going after these terrorist organizations that have taken hold through the militias. Remember that you are not being told everything that is happening behind the scenes. In the U.S. the reason why we are seeing many politicians deciding to not run for re-election office and instead they retire, is that accusations of corruption is on their heels. Watch how God handles these radical Muslim organizations in America. There is a new breed of politicians coming, some are already here. There is a new party(s) that will evolve. It is no longer going to be a two-party corrupt system.

Prophetic Words from prophet: Julie Green

“Big Banks, Big Pharma And Big Insurance Companies Will Soon Be Brought To Nothing”

You can start watching the video at the 18:36 mark.  From Dec 7^th.        

“The Earth Will Shake Like Never Before”

You can start watching the video at the 17:00 mark.  From Dec 13^th.   

I have been waiting for this period of time since the 1980’s when I first read about it in prophecies. The prophecy today coincides with two other prophecies I have heard decades ago. One is by Kim Clement delivered in 2014. The other is in a book called Phoenix Rising by Mary Summer Rain. So, when Julie Green talks about ‘birth pains’ in her prophecy today, my ears opened up, I paid attention. Then you have to listen to Clement’s prophecy to fully understand what Julie and Mary are talking about when God says the earth will be shaken. like never before. I believe this ‘shaking’ part can be viewed in two ways: literal massive earthquakes and the shaking of the corrupt establishment (through more exposure and justice) that finally breaks their backs once and for all.

We are at the end of 2025 and so it is uncanny, almost scary in what is in these prophecies today. I call this a ‘convergence of prophecies’ and I have been waiting for this period for so long. No, I do not welcome it, and I wish it did not have to happen, but it is now here, and God has a purpose for it.

KIM CLEMENT:  A PROPHETIC WORD

“A WARNING THE FOR END OF 2025″

Will we see this prophecy now? We are at the end of 2025 and so is this shaking going to magnify? I think he is talking about Yellowstone National Park and its activity. Geologists say that this area used to be an ancient volcano that could blow and would destroy much of the surrounding area. God says through Julie Green’s prophecy today that God will limit the damage as it has the potential to destroy half of America in full force.

We are now witnessing the fall in the season of fall, that he mentions.

Listen how he talks about December, I believe it is the month we are in right now. God is going to release resources and we shall rejoice.

PROPHECIES FULFILLED—ANTI AMERICAN

We will have to face the radical Muslim communities situated in America sooner or later, but we will have to do something about them. Why not sooner. They have infiltrated America through lack of immigration law enforcement. More evidence that the leaders of these communities want more than to live free and raise families. They want control and power to instill Sharia law. Anyone who apposed it must die. This is their teaching. This is as radical as it gets.  

IS THE FEDERAL RESERVE BEING REPLACED?

It’s coming – Scott Bessent reveals what should REPLACE the Fed Reserve. There may be some major changes next spring. Let’s see what happens. Isn’t this exciting?

THE EXPOSURE OF CORRUPTION IN MINNESOTA HAS ONLY BEGUN.

You simply have to see this video to get an idea on just how bad and corrupt Minnesota really is and this is only the beginning. God, through his prophets has said it will all be exposed and justice will prevail and so it is.  

OPERATION ‘TWIN SHIELD’ IS WINDING DOWN AND HERE IS WHAT IT FOUND. JUST A TASTE…

LET THE CLOWN SHOW BEGIN…

HOW DID SHE GET ALL THAT MONEY?

For politicians on both sides of the isle we must begin to ask how they gained so much wealth in such short periods of time. For Ilan Omar it’s $30M in such a short period of time (3 years). Today let’s take a look at one in particular who put herself in the spotlight and deserves to be investigated along with others. Will this be her ultimate doom? Did she take some of that $1B “Feeding Our Future” welfare fraud money? How deep is she into this fraud? So how did she get all that money?

‘TREASON?’: ILHAN OMAR ACCUSED OF EXPLOSIVE CRIME

Is this all just hype? Can they really deport her? The pressure is building as more and more FACTS come out about who she really is and what she really represents.

CORRUPTION IN CALIFORNIA IS MUCH WORST THAN MINNIAPOLIS

Oh boy…. $24B missing! No one knows where it went? You won’t BELIEVE what the FBI just found on Gavin Newsom!!! Actually, it’s not so hard since we all know the guy is a dirtbag. so much for his governorship as a steppingstone to the Whitehouse. It’s so laughable I want to cry. How could this be happening in America?

By Dr. Steve Turely

SURPRISE! SURPRISE! HALF OF MINNESOTA VISAS ARE ‘FRAUDULENT’

LEAKED VIDEO OF ILHAN OMAR FUND RAISING RALLY RAISES SERIOUS QUESTIONS

What country is she really loyal to? Is it the U.S. or Somalia? Was Trump right?

This video should scare the pants off of everyone. Who the hell do these people think they are? Look carefully as Omar is beside him smiling and supports at what he says. This is her fund-raising rally.

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. 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.

TRUMP FLOATS ZERO INCOME TAX PLAN STARTING WITH BIGGEST REFUNDS EVER

The Trump administration is slowly rewriting the entire federal tax code.

Give it time as the country will finally realize that with the right-offs half the country does not pay income tax anyhow. It makes common sense that if you keep adding exceptions and eliminate taxes in the tax code, they why even have an annual filing process? Yes, we can see what is happening. A slow methodical breakdown and then replacement of how revenue is to be collected for the federal government in the near future. But these changes will have to get through congress and congress must remain within the conservative power base.

DOLLAR RISE, SALARIES CUT, AND NO FOOD RATIONS… EXPERT: IRAQ HAS BEGUN IMPLEMENTING THE “WHITE PAPER”

(Mnt Goat: It is important to remember that when in many of these articles they normally talk about ‘raising the rate” of the dinar they actually mean raising the sanctioned rate i.e. 1320 to 1440 and this is a devaluation. And when they normally talk about ‘ reducing the rate” of the dinar they actually mean lowering the sanctioned rate i.e. 1320 to 1166 and this is a revaluation)

On Friday, December 12, 2025, economist Nabil Al-Marsoumi spoke about the repercussions of the “White Paper” adopted by the International Monetary Fund and the World Bank to manage economic crises in developing countries, which Iraq has begun to implement.

In a blog post followed by Al-Jabal, entitled “The First Option for Economic Reform (The White Paper)”, Al-Marsoumi said that “the International Monetary Fund and the World Bank believe that economic crises in developing countries are caused by errors in macroeconomic policies in developing countries, and that correcting this requires making fundamental changes to these policies, even if it is at the expense of social goals and the poor.”

He added, “The economic reform package adopted by the International Monetary Fund consists of:

1.  Reducing the exchange rate of the national currency and then floating it.

2.  Raising the interest rate and setting credit ceilings.

3.  Gradually reducing government subsidies for government goods and services.

4.  Reducing public spending on goods and services.

5.  Reducing the salary budget and limiting the appointment of graduates in government institutions.

6.  Restructuring and privatizing loss-making public sector institutions.

7.  Reducing social transfer expenditure items, particularly with regard to subsidizing the prices of essential food commodities.

8.  Raising energy prices to the level of global prices.

9.  Raising tax rates, increasing tax revenue, reorganizing and creating other tax bases, imposing direct taxes or policies related to indirect taxes, as well as increasing the taxpayer base, reducing tax exemptions, developing collection methods, and combating tax evasion.

10.   Liberalizing all prices and trade.

Al-Marsoumi pointed out that “Iraq actually began implementing the IMF reform program, under the banner of the White Paper in 2020, after the collapse of oil prices as a result of the spread of Corona and the closure of the global economy. The White Paper was supposed to implement the following measures:

1.  Reduce the wage and salary bill from 25% of GDP to 12.5% ​​within three years.

2.  Restructuring the public sector salary scale by halting new recruitment and replacement processes in the public sector.

3.  Applying income tax to employee allowances, incentives, bonuses, and other benefits.

4.  Reducing total government support from 13% of GDP to 5% over three years, which extends from electricity and fuel fees to canceling the ration card and limiting it to those covered by the social protection network after its rationalization, which ultimately means higher prices for fuel, electricity and food, and consequently higher levels of inflation in the Iraqi economy.

5.  Raising the exchange rate of the dollar against the Iraqi dinar, which actually happened in Iraq and which had a negative impact on the poor and even middle class in Iraq after the government raised the dollar exchange rate by 23% against the Iraqi dinar.

Al-Marsoumi concluded his post by saying: “In general, implementing the White Paper reforms entails a heavy social cost borne by the poor and those with limited income, and this will push us to publish another possible option that could be a national option for reform.

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MY PERSPECTIVE ON THE DINAR AND ECONOMIC REFORM, BASED ON WHAT DR. NABIL AL-MARSOUMI WROTE ABOUT THEM.

By Dr. Shawwan Zangana

12.14.25

With all due respect to you, my dear professor Dr. Nabil Al-Marsoumi, and with all due appreciation for your knowledge and expertise, from which I have always benefited, I hope you will allow me to present the following points to you, in response and commentary on what you wrote about economic reform a few days ago, as follows:

1. The “White Paper” was never a reform paper, and it never will be. In it, the wrong measures and government corruption were imposed on the people, as they were exposed to inflation due to the reduction in the exchange rate of the dinar, and stagnation prevailed in the markets due to the contradictions in the economic measures, not to mention the exploitation of the economic crises by those in power and their entourages to make profits and accelerate the wheel of smuggling.

2- I agree with you, my dear professor, that the economic crises in developing countries are caused by errors in macroeconomic policies, and I also agree with you on the necessity of cooperating with the International Monetary Fund and the World Bank. However, I do not agree with you, nor with the pillars of the Iraqi government that approved the “White Paper” prepared by the World Bank, with nominal Iraqi participation, regarding many of the items and measures contained in the ill-fated White Paper.

I do not agree with placing the plans to address the Iraqi economic crises under the authority of the World Bank or others. Rather, I call for the solutions to be purely Iraqi, in cooperation with international financial institutions, as Iraq is full of good economic personnel, both inside and outside the government.

3- In my view, seeking to reduce the exchange rate of the Iraqi dinar is an economic crime that should only be resorted to in extreme emergency situations, when other means are exhausted. Iraq has multiple available means to address its economic crises, such as borrowing, rationalizing the budget, reforming food rations and social welfare, regulating salaries, limiting appointments, and eliminating underemployment, among others. These measures will be painful, as you mentioned, but they are certainly better than the effects of stagflation, which will burden the rich before the poor.

4- Floating the Iraqi dinar, in the current state of the Iraqi economy, contradicts the most basic rules of economics, not to mention its contradiction with reason and logic. Economically, floating occurs in a balanced free market where there is a real opportunity to achieve a fair exchange rate. This is impossible to achieve in the current Iraqi economy, as the only party that possesses dollars and hard currencies is the Central Bank of Iraq. As for the Iraqi market, it obtains hard currencies from the Central Bank, because Iraq is an importing country and not an exporting one, and most traders do not possess hard currency because they do not export, but rather they depend on the Central Bank to provide foreign currency liquidity. Consequently, there is no balanced market in which hard currency is available to everyone, and it is a market governed by what the Central Bank provides of hard currency, so competition becomes impossible, and achieving a fair exchange rate becomes impossible.

5- Promoting the idea of ​​floating the dinar and reducing its exchange rate in the markets and among the general public is extremely dangerous. It is a preemptive move for possible future measures that may not happen, and if they do happen, they may not be soon. Occupying the markets with this type of idea presented as a solution is harmful and not beneficial. Therefore, I recommend staying away from it and leaving the idea of ​​floating the dinar and reducing its exchange rate to the next government.

6- The economic reform process will be harsh and costly for the poor and those with limited and middle incomes, as you mentioned. The government must strive to alleviate the burden of this harshness and cost by improving economic, security, and social performance, and by formulating a national reform paper, with the participation of the concerned parties, the government, society, and markets, and with the assistance of local, international, and UN financial institutions.

6- Economic reform measures will not be effective unless they are accompanied by good intentions from those who take them. Corruption and mismanagement have brought Iraq to this state, and its continuation means the inevitable failure of reform measures. I think the time has come for the marginalized class of the national elite and entrepreneurs in the markets to take their place in the constructive and effective contribution to managing the course of the economy in Iraq, whether those in power accept it or not.

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HANTOUSH: INTERNATIONAL FINANCING DIFFICULTIES AND EXCHANGE RATE CHALLENGES THREATEN THE STABILITY OF THE IRAQI ECONOMY.

Economic and banking expert Mustafa Hantoush confirmed on Thursday that Iraqi companies and the private sector are facing significant difficulties in obtaining international loans to finance major projects due to Iraq’s low credit rating and the high costs of guarantees and interest rates on foreign loans.

Hantoush added, in a statement to Al-Maalouma, that “the Iraqi banking system is going through a difficult period, with the possibility of several banks exiting the market, which limits the ability of domestic financing to cover major projects.” He pointed out that “international financing depends heavily on sovereign guarantees provided by the state, which remain limited in Iraq.”

He noted that “the cost of external financing has risen significantly, with interest rates increasing from 5% to approximately 8-9% due to the risks associated with Iraq’s credit rating, placing additional burdens on Iraqi investors.”

Regarding the dollar exchange rate, which has reached 2,000 dinars, Hantoush affirmed that “Iraq is experiencing relative monetary stability, and the Central Bank has no intention of changing the exchange rate at present, despite speculation about the incoming government’s intentions in this regard.”
He warned that any “exchange rate adjustment without addressing the root causes of the country’s financial problems would be a half-measure, potentially leading to widespread negative consequences, including increased poverty rates and a decline in the value of salaries, thus exacerbating the suffering of large segments of the population.”

He explained that “Iraq possesses substantial resources in the form of government assets estimated at hundreds of billions of dollars, in addition to vast tracts of land and real estate, but the weakness in combating corruption and activating tax collection hinders the effective utilization of these resources.”
He pointed out that “seriously confronting corruption and activating domestic revenues could reduce the need to adjust the exchange rate or resort to temporary solutions that could harm the economy and society.”

He also noted the existence of “huge amounts of cash held in homes, estimated at 70 to 80 trillion dinars, which have contributed to speculation in the real estate market and an unjustified rise in prices, necessitating a sound monetary policy to control the markets.” He concluded by emphasizing that “the continuation of the current situation without genuine reforms will lead to a deterioration of economic and social conditions, with increased poverty rates and greater pressure on salaries and market liquidity.”

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Deadly weapon….

WHAT AWAITS IRAQIS IS “WORSE THAN OCCUPATION”… A SUMMARY OF WASHINGTON’S MESSAGES AND ACTIONS TOWARDS BAGHDAD – URGENT 

While political forces in Baghdad are preoccupied with negotiations to form a new government and address post-election obligations, an Iraqi voice from Washington, privy to the inner workings of American decision-making, paints a harsher picture. Intifadh Qanbar , a resident of the US capital and privy to the behind-the-scenes workings of the Iraqi situation, succinctly summarizes these fears with a shocking statement: what awaits Iraq could be “worse than occupation,” because the next battle may not be fought with tanks on the ground, but rather with a financial weapon: cutting off the dollar supply to Baghdad if the political class fails to meet the conditions presented by US President Donald Trump’s envoy, Mark Savaya. This assessment raises a weighty question: what does it mean for the flow of dollars from the US Federal Reserve to become a central bargaining chip in Washington’s relationship with Baghdad under the current Trump administration, and how might such a battle impact a fragile economy that is almost entirely dependent on the US currency?

From America to Baghdad… a warning about a “deadly weapon”

In numerous media appearances and commentaries, Intifadh Qanbar emphasized that Iraq faces not so much the threat of a new military invasion as it does a financial one that could paralyze the state from within. His warning is not about a theoretical possibility, but rather an escalating trajectory whose signs began to appear years ago when the US Treasury and the Federal Reserve tightened restrictions on the currency auction and excluded several Iraqi banks from dollar transactions under the pretext of their involvement in currency smuggling and financing networks linked to Iran. From this perspective, Qanbar’s talk of “something worse than occupation” becomes an attempt to describe a scenario that requires no soldiers on the ground: it would suffice for Washington to gradually or suddenly tighten the flow of dollars, and for employee salaries, food and medicine imports, the value of the dinar, and the daily lives of citizens to become hostage to a political-financial decision made in New York and Washington.

The Iraqi dollar dilemma… when oil revenues pass through the Federal Reserve gate

Since 2003, a special mechanism has been in place for managing Iraqi oil revenues. The funds are deposited in accounts at the Federal Reserve Bank of New York before being used to finance Iraq’s imports and meet the budget’s dollar needs. This arrangement has made the United States an involuntary partner in Iraq’s financial cycle, and the Fed accounts a mandatory gateway for every dollar entering Baghdad.

Simultaneously, the Central Bank of Iraq continued to operate a currency auction to cover imports and private sector transfers, which opened the door to smuggling, corruption, and exploitation of the gap between the official and parallel exchange rates. With mounting suspicions that billions of dollars were leaving Iraq for neighboring countries through money laundering and the financing of sanctioned networks, Washington began to view this as a vulnerability that could be used as both a tool for punishment and control.

In recent years, the US Treasury has translated this vision into concrete steps:

Tightening controls on the electronic platform for foreign transfers, barring several banks from accessing dollars, imposing rigorous scrutiny on every transfer transaction, and even rejecting requests suspected of being linked to sanctioned entities or smuggling networks. This experience has shown Iraqis, in practice, what it means for the life of the economy to hang by a single thread called “Federal Authority approval,” and it has given Qanbar’s words today added weight, because Iraqis have seen firsthand how a series of US measures can drive up the dollar on the parallel market, disrupt markets, and put pressure on the government within weeks.

Savaya’s conditions… from factions to the dollar

At this critical juncture, Trump’s envoy to Iraq, Mark Savaya, arrived with a list of demands that reportedly represent the new administration’s core thinking toward Baghdad: a unified state and a single armed force; a halt to the funding of armed factions with public funds; control over the smuggling of dollars to Iran, Syria, and Lebanon; and a clearer definition of Iraq’s role in the equation of the conflict between Washington and Tehran. While these conditions have not been officially announced in full, they are being circulated behind the scenes as the “ceiling” of the American position in the coming phase, with the Federal Reserve’s leverage and the dollar’s influence being the most effective tools to push Baghdad toward this ceiling.

From this perspective, Qanbar interprets the situation as a shift from a phase of “advising and warning” to one of “dictating through financial instruments.” If the dominant forces in Baghdad—politically and militarily—accept the American conditions, the dollar can continue to flow with some restrictions and controls. However, if they decide to persist in their duplicitous stance, Qanbar believes that the American response this time will not take the form of statements and protest notes, but rather a gradual tightening of dollar channels, which could, at its most extreme, lead to a severe restriction or near-freezing of the use of Iraqi dollar reserves.

What does “cutting the dollar” mean in practice?

When Qanbar warns against “cutting off dollars to Iraq,” he is not necessarily referring to a complete and immediate halt to all transfers, as this would be a costly scenario for everyone and would unleash global financial chaos, something Washington does not want. What he is talking about is closer to a gradual punitive approach, which could include:

A wider crackdown on Iraqi banks and the denial of more of their ability to deal in dollars, which turns them into local institutions unable to finance foreign trade; tightening the ceilings on transfers allowed through the platform, which pushes traders to the black market, raises the exchange rate and weakens the dinar; and perhaps at an advanced stage, using the reserves card itself, by imposing certain formulas for their use or threatening to freeze part of them if it is considered that the Iraqi government is proceeding with policies that contradict American demands.

In such a scenario, the difference between military occupation and financial pressure becomes clear: the former destroys infrastructure and leads to direct armed clashes, while the latter gradually strangles the state from within, turning every issue—from salaries to electricity to food—into a bargaining chip on the political table. It is precisely here that Qanbar’s talk of “something worse than occupation” seems more like a warning of a silent collapse, one where tanks aren’t visible in the streets, but citizens witness it daily in a soaring exchange rate, stalled projects, and a government unable to fulfill its obligations without federal approval.

Does Iraq have any real options for escaping the grip of the federal government?

Faced with this scenario, there is much talk in Baghdad about “diversifying partners” and turning towards China and Russia, settling transactions in currencies other than the dollar, or even building reserves in other currencies. However, these ideas clash with a number of hard realities: Iraqi oil is still priced in dollars, global markets still use the dollar as the benchmark currency, and the Iraqi banking system is structurally weak and, in its current state, incapable of managing the shock of a sudden transition to a new settlement system. Furthermore, any significant shift away from the dollar requires a different international political framework and a considerable amount of time to build the confidence of markets and financial institutions—a luxury that seems unattainable given the fragile economic and social situation and mounting internal pressures.

In this sense, talk of “escaping the grip of the Federal Reserve” may be a long-term strategic goal, but it is not a realistic shield against the rapid pressure scenarios that Qanbar warns of. In the short term, Iraq remains largely exposed to American leverage, making the real arena for maneuver not only economic but also political: Where does Iraq stand in the struggle between the axes, how does it distribute the cost of its relations with Washington and Tehran, and what discourse does it use to manage the issues of factions, weapons, and the state?

The question of the moment: Will Baghdad learn before it’s too late?

Qanbar’s warning is based on the conviction that Washington, in its new iteration, does not intend to maintain the status quo; and that Savaya’s visit to Baghdad is not a courtesy call but rather the beginning of a serious pressure campaign whose objective is “either a genuine change in the behavior of the Iraqi state, or facing a system of harsh pressure, foremost among which is the weapon of the dollar.” In contrast, Savaya presents himself, in his statement, as a “partner ready to support,” affirming that the United States, “under the leadership of President Trump, stands fully prepared to support Iraq during this critical phase,” and that he and his team are “committed to working closely with Iraqi leaders to establish a strong state, a stable future, and a sovereign Iraq capable of shaping its own destiny in the new Middle East.”

Between Qanbar’s warning of “something worse than occupation” if the federal system is used as a punitive weapon, and Savaya’s talk of a “unified and rational option” that opens the door to American support, a new framework of pressure on Baghdad is taking shape: the stick of the dollar on one hand, and the carrot of “support and partnership” on the other. In this narrow space, the Iraqi state faces a new test: Does it possess the ability to formulate a unified and balanced position that spares the country a scenario of financial strangulation and prevents its reserves and oil revenues from becoming a tool for reshaping its political decision-making? Or will continued hesitation and internal conflict give Washington the pretext to use its harshest tools, leaving Iraqis suddenly at the heart of a suffocating financial crisis, unlike occupation in its outward appearance, but potentially surpassing it in its profound impact and its ability to shatter what remains of the state’s capacity to control its economic and political destiny?

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IRAQ’S OIL REVENUES ARE A PLENTIFUL ASSET, BUT THEY REQUIRE STRUCTURAL REFORMS.

 Iraq’s oil revenues indicate a financial surplus sufficient to cover expenses, but the challenges in managing public funds and developing projects and services call for comprehensive reforms to ensure the achievement of sustainable development.

Jamal Kojar, a member of the Finance Committee, confirmed on Friday that Iraq’s oil revenues are sufficient to cover operational financial needs, noting that the country needs reforms, as it does not rely solely on the budget, but also needs projects, development, services, and other things.

Koger explained that “the current government is legally obligated to prepare the draft budget by October 15, 2025, according to the Financial Management Law, and the government is in place until that date, while the next government will be tasked with putting its stamp and comments on the draft and proceeding with its approval.”

The Iraqi economy is heavily dependent on oil revenues , which constitute the largest part of the state budget, while non-oil revenues represent only a small percentage.

Despite the abundance of these revenues, Iraq faces significant challenges in managing public funds and developing projects and services, highlighting the need for comprehensive structural reforms.

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WILL HALF OF IRAQ’S BANKS DISAPPEAR?

Is facing a sensitive stage with the start of the implementation of the comprehensive reform plan developed by the Central Bank, which, according to estimates, may lead to the exit of a number of private banks through mergers or withdrawal from the market.

These developments come at a time of escalating depositor concerns, particularly following past failures, which threaten confidence in the banking system.

As the debate intensifies regarding the future of dozens of small or struggling banks, Wadih al-Hanzal, head of the Association of Iraqi Private Banks, stated that Arab and Gulf banks have expressed a genuine and serious desire to enter the Iraqi market. In remarks to journalists, al-Hanzal added that Iraq is currently undergoing one of its most profound phases of banking reform, based on a roadmap developed by the Central Bank to restructure the sector. This process may lead to significant mergers or divestments to ensure compliance with international standards and strengthen the banking sector.

Al-Hanzal revealed that the Iraqi banking sector may witness a wave of mergers or significant divestments, indicating that the number of banks, currently around 60, “may be halved or less,” in response to directives from the Central Bank, which he described as “clear reform messages,” even though they have not been officially announced. He affirmed his support for this approach, stating that it will lead to a stronger and more efficient banking sector.

This proposal is consistent with the statement issued by the Central Bank of Iraq, which affirmed its commitment to proceeding with comprehensive reform, and its keenness to enhance financial stability and focus on structural reforms that maximize local revenues and support the government’s directions in diversifying the economy.

A suitable environment for reform

Samir Al-Nassiri, advisor to the Association of Iraqi Private Banks, confirmed that the Central Bank’s procedures and efforts, in partnership and consultation with private banks, have resulted in creating a suitable environment to begin implementing the goals and programs of the banking reform project, which is being carried out in coordination with the government and the global consulting firm Oliver Wyman.

He explained to Al-Araby Al-Jadeed that this project aims to build a strong, modern and flexible banking sector, capable of supporting the rapid growth of the national economy, contributing to raising the gross domestic product and enhancing the market value of the banking sector.

Al-Nassiri stressed that there are efforts to empower and grow the private banking sector during the period 2025–2028, through developing the banking system and its compliance with international standards, building a flexible and modern sector, enhancing citizens’ confidence and international recognition of its transparency.

He emphasized the need to rehabilitate restricted and weak banks to fully resume operations, and to restore banks to their core role of financing and lending to promote financial inclusion, drive the transition to a digital economy, and draw funds out of the banking system. He explained that the reform will also include restructuring the banking sector and merging banks that wish to create large banking entities capable of attracting institutional investors, in accordance with the ownership structure ratios adopted by the Central Bank.

Bank mergers

Financial and banking expert Mahmoud Dagher stressed that the banking reform plan was developed to improve the performance of Iraqi banks and improve their international ranking, explaining that the consulting firm “Oliver Wyman” in cooperation with the Central Bank drew up the details of the reform plan and its stages without including any intention to reduce the number of banks.

Dagher told Al-Araby Al-Jadeed that the plan targeted one of the most important requirements for improving performance: increasing capital, in line with global trends, where international banking institutions possess substantial capital reserves. He added that the plan offered banks the option of mergers as a tool to bolster their capital, while also allowing viable banks to continue operating independently. He emphasized that it is impossible to predict a reduction in the number of banks “by half or a quarter,” as this is not the primary objective of the reform. He explained that one of the factors improving bank performance worldwide is mergers, which increase their resilience and ability to withstand risks. He stressed that reforming state-owned banks must precede reforming private banks, given that state-owned banks control 85% of deposits in Iraq and 90% of banking assets, making them the largest and most influential players in the banking system.

Depositors’ concerns

For his part, economic researcher Mustafa al-Faraj affirmed that depositors’ concerns represent the greatest challenge to the reform process, especially after the experiences of some banks defaulting on deposits, which has generated a growing crisis of confidence among the public. Al-Faraj emphasized that protecting depositors’ funds has become a direct responsibility of the Central Bank of Iraq, as the licensing and supervisory body for banks, and it must fully guarantee their rights during any merger or restructuring process.

He explained to Al-Araby Al-Jadeed that the number of private banks, which exceeds 60, does not reflect the strength of the sector, but rather reveals fragmentation and weakness in capital efficiency, because some of these banks do not provide actual banking services and do not contribute to lending or real economic activity, and rely in their work on limited activities or ineffective speculations.

Al-Faraj explained that the merger, despite the reservations of some shareholders, constitutes a reform step that gives the banking sector a higher ability to compete, raises the level of public confidence, and transforms banks into effective tools in supporting the economy instead of remaining mere nominal or inactive entities.

Banks under threat

In this context, economic researcher Ahmed Sabah confirmed that the Central Bank’s plan to restructure the banking sector will push a number of weak banks to merge or exit, especially banks that have faced sanctions or restrictions from the US Treasury Department or have failed to meet compliance and capitalization requirements, making their continued presence within the financial system a matter that requires radical review.

He explained to Al-Araby Al-Jadeed that the danger posed by these banks is not limited to their poor operational performance, but extends to their use, in some cases, as potential channels for money laundering and dollar smuggling. This is due to the absence of internal controls and weak auditing and governance systems, which has led international bodies to take a stricter approach towards them. Sabah stressed that the continued operation of these banks poses a direct threat to market stability and depositors’ confidence, emphasizing that their restructuring or exit from the market has become essential to protect the financial system, enhance transparency, and ensure a stronger banking environment capable of supporting the national economy.

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TODAY, SUNNI FORCES ARE HOLDING AN “IMPORTANT” MEETING TO DECIDE ON THE NOMINATION OF THE SPEAKER OF PARLIAMENT.

The “National Political” Council, which unites the Sunni forces that won the 2025 parliamentary elections, intends to hold an “important” meeting on Thursday to decide on the nomination of the Speaker of the Iraqi Parliament.

A senior official in the council told Shafaq News Agency that “the leaders of the National Political Council will hold an important meeting this evening, Thursday, at the home of the leader of the Azm Alliance, Muthanna al-Samarrai, in the presence of all the council’s leaders, to decide on the nomination of the next Speaker of Parliament in a consensual manner among all the Sunni political forces.”

The source, who asked not to be named, added that “the most prominent candidates for the presidency of the House of Representatives are (Mohammed al-Halbousi, Muthanna al-Samarrai, Thabit al-Abbasi) and perhaps new names will be put forward during today’s meeting, including (Haiba al-Halbousi, Mahmoud al-Qaisi).”

He pointed out that “the leaders of the council are in contact with the leaders of the Shiite Coordination Framework to coordinate positions and prevent any veto on the name of any figure that the Sunni political leaders may agree on, in order to prevent opposition to them and to ensure a vote in favor of whoever is chosen in the first session of the new parliament.”

On Wednesday, Azam Al-Hamdani, a leader in the Al-Azm Alliance, revealed that the date for the third session of the National Political Council had been set, and indicated that it would be dedicated to discussing the candidate for the presidency of the Iraqi parliament.

Al-Hamdani told Shafaq News Agency that “the National Political Council will resume its sessions that it held last week at the home of the head of the Progress Party, Muhammad al-Halbousi,” indicating that “the next session will be the third and will be held at the home of the head of the Azm Party, Muthanna al-Samarrai, and the meeting is expected to be held tomorrow, Thursday, or next Sunday.”

He explained that “the third session will be held to resolve the issue of entitlements within the Sunni bloc, and what is related to the presidency of the House of Representatives and the rest of the other positions within the government formation, in addition to completing the process of building the state through building the Iraqi government with the participation of everyone.”

Last month, the Sunni alliances and parties that won the elections announced the establishment of the “National Political Council”.

This came during an expanded meeting held at the initiative and invitation of the head of the Sovereignty Alliance, Khamis al-Khanjar, in Baghdad, with the aim of unifying visions and positions regarding major national issues and strengthening joint work between political leaders and blocs, according to a statement issued at the time.

According to the final election results, Sunni forces won 77 seats, making the reshaping of alliances a crucial factor in the negotiations to form the next government.

Last Monday, the Independent High Electoral Commission sent the final results of the sixth parliamentary elections to the Federal Supreme Court (the highest judicial authority in Iraq) for ratification.

Shafaq.com

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IRAQ ACHIEVES A SIGNIFICANT LEAP IN ITS OIL EXPORTS TO AMERICA, SURPASSING SAUDI ARABIA.

The U.S. Energy Information Administration announced on Thursday that Iraq’s oil exports to the United States totaled more than 7 million barrels during November, an increase of more than 2.5 million barrels over the previous month.

The administration stated in a table seen by Shafaq News Agency that “Iraq exported 7.920 million barrels of crude oil to America during the month of November, up from the month of October, in which Iraqi oil exports amounted to 4.495 million barrels.”

She added that “Iraq exported an average of 149,000 barrels per day of crude oil to America during the first week of November, while it exported an average of 92,000 barrels per day in the second week, an average of 397,000 barrels per day in the third week, and an average of 435,000 barrels per day in the fourth week.”

The U.S. Energy Information Administration explained that “Iraq ranked third in its exports to America last month, after Canada, which ranked first as the country exporting the most oil to America, followed by Mexico.”

The administration noted that “Iraq came in first place among Arab countries as the largest exporter of oil to America, ahead of Saudi Arabia, which came in second with exports of 7.380 million barrels, and Libya came in third with exports of 1.440 million barrels.”

Shafaq.com

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IRAQI FOREIGN MINISTER: ENDING THE UNAMI MISSION IN IRAQ REFLECTS THE PROGRESS AND STABILITY ACHIEVED.

United Nations Secretary-General Antonio Guterres expressed his pride in the ongoing cooperation with Iraq on Saturday, while Iraqi Foreign Minister Fuad Hussein affirmed his country’s appreciation for the international organization’s role during previous phases.

A statement from the Iraqi Ministry of Foreign Affairs, received by the Iraqi News Agency (INA), stated that “Foreign Minister Fuad Hussein received the Secretary-General of the United Nations, Antonio Guterres, upon his arrival at Baghdad International Airport.”

The statement explained that “this visit came on the occasion of the announcement of the end of the work of the United Nations Assistance Mission for Iraq (UNAMI), after years of carrying out its tasks in supporting the political process, promoting stability, and providing advice and assistance in various fields.”

During the reception, the Minister affirmed the Iraqi government’s appreciation for the role played by the United Nations and UNAMI in supporting Iraq during previous phases, noting that “the termination of the mission’s work reflects the progress and stability achieved, and embodies Iraq’s ability to manage its national affairs and strengthen its sovereignty and constitutional institutions.”

For his part, the Secretary-General of the United Nations expressed his “pride in the existing cooperation with Iraq,” stressing “the continued support of the international organization for Iraq through new cooperation frameworks that are appropriate for the next stage, and that enhance sustainable development and international partnership.”

United Nations Secretary-General Antonio Guterres arrived in Baghdad this morning to participate in the official ceremony marking the end of the mandate of the United Nations Assistance Mission for Iraq.

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FROM RATIFICATION TO GOVERNMENT FORMATION: CRUCIAL CONSTITUTIONAL STEPS IN THE PATH OF THE NEW IRAQ

Member of Parliament, Muhammad Jassim Al-Khafaji, revealed today, Sunday (December 14, 2025), the constitutional steps for forming the Iraqi government after the Federal Court approved the lists of elected MPs in the sixth session.

Al-Khafaji explained in a statement received by “Baghdad Today” that “the ratification of the lists of deputies by the court may be imminent, with the possibility that the court will ratify all the names or exclude some of them.”

He added: “After ratification, the President of the Republic calls for the first session of the House of Representatives to be held within a period not exceeding 15 days, during which the 329 representatives will take the constitutional oath, and then the Speaker of the House and his two deputies will be elected, with each member having the right to nominate himself.”

He added that “after that, the nomination process for the presidency will be open for three days, according to the conditions of the law, which include that the candidate must be over 40 years old, have a university degree, political experience, and a good reputation. The president will be elected during a session that does not exceed 30 days from the first session.”

He continued: “In the final stage, the new president of the republic tasks the candidate of the largest parliamentary bloc, currently the coordinating framework, with forming the government. The tasked candidate presents the ministerial program within 30 days, to be voted on and a new government is formed with full constitutional powers, while the parliament begins to exercise its oversight and legislative role.”

Al-Khafaji pointed out that “this scenario follows the constitutional timelines, with the possibility of the political reality differing for multiple and well-known reasons.”

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AFTER THE FEDERAL COURT’S APPROVAL, PARLIAMENT WILL CONVENE ON THE 9TH OF NEXT MONTH.

 
Member of Parliament Baqir al-Saadi confirmed that the Federal Supreme Court’s ratification of the final results of the general elections represents a crucial constitutional turning point for the new parliament to begin its work and paves the way for its first session to be held within the specified timeframe.

Speaking to Iraq Observer, al-Saadi explained that the ratification will be officially recorded within ten days, immediately followed by the swearing-in ceremony for the members of parliament. He predicted that the first session would be held at the beginning of next month, specifically on the ninth, in accordance with the established constitutional timelines.

He noted that the coming period will witness accelerated political activity, particularly with leaks circulating about potential candidates for the position of Prime Minister, amidst ongoing consultations among political blocs aimed at reaching a consensus formula for forming the new government.

The Federal Supreme Court had previously announced its ratification of the final results of the parliamentary elections, thus establishing the constitutional framework for the subsequent political processes and the formation of the legislative and executive branches.

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Just In….

A PRESIDENTIAL DECREE SETS THE 29TH OF THIS MONTH AS THE DATE FOR THE FIRST PARLIAMENTARY SESSION.

The President of the Republic issued a presidential decree on Tuesday setting the date for the first session of the new parliament on December 29, to be chaired by the oldest member.

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SUDANI: OUR RELATIONSHIP WITH WASHINGTON IS WITNESSING CONTINUOUS DEVELOPMENT AND PROGRESS.

Prime Minister Mohammed Shia al-Sudani stressed to US Chargé d’Affaires Joshua Harris on Sunday the need to complete the economic, trade and investment cooperation achieved between the two countries, while the termination of the United Nations mission in Iraq was also discussed.

A statement from his office, received by the Mail, said that Al-Sudani “received today, Sunday, the US Chargé d’Affaires to Iraq, Joshua Harris, where bilateral relations between the two countries and ways to develop joint cooperation were discussed, as well as reviewing developments in the regional and international situation, while emphasizing the importance of joint coordination to confront existing challenges in a way that contributes to imposing stability and security in the region .”

He affirmed that “bilateral relations are witnessing continuous development and progress, given the mutual keenness and interest to continue developing them in various fields and sectors, in order to achieve mutual interest and benefit.”

Al-Sudani pointed to “the importance of continuing to work and build on the economic, trade and investment cooperation achieved between the two countries, in light of the memoranda of understanding and joint agreements, and in a way that contributes to supporting various development and service paths.”

For his part, the US Chargé d’Affaires congratulated Iraq on “the end of the UN mission’s mission, which indicates that it has entered a new phase of stability, prosperity and development, stressing his country’s keenness to continue cooperating with Iraq in its efforts to achieve development and stability.”

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Fuad Hussein: The US has given Baghdad a list of armed groups

The Iraqi Foreign Minister has revealed the details of Washington’s sensitive messages to Baghdad, saying the United States has submitted a list of names of individuals and groups to the government.
Iraqi Foreign Minister and Deputy Prime Minister Fuad Hussein has spoken to Hadas TV about the formation of a new government and relations with Washington.

He said the US side has submitted a list of names of a number of individuals and armed groups to the Iraqi government, according to Fuad Hussein, Washington will not discuss these names with any party and will act according to its policies and laws.

Regarding the participation of these groups in the elections and the government, the Iraqi foreign minister explained that it is an internal issue of Iraq, but admitted that Washington’s sanctions policy is clear and they will implement it without discussion. He also attributed Iraq’s economic problems to the participation of one party in the government, but to mistakes in the country’s economic principles and policies.

In another topic of the press conference, Fuad Hussein revealed the contents of his meeting with Tom Barack, the US special envoy for Syria and Lebanon in Doha, in the meeting, the US envoy presented a view, stressing that the federal system in Iraq has failed.

 Hussein said that although the talks will continue, but some of the proposals put forward by the US team, do not comply with the constitution and political reality in Iraq.

On the security and regional levels, the foreign minister warned that Israel’s threats to Iraq are not over and are part of the military tensions in Lebanon, Syria and Hezbollah.

 “The direction of events is not towards dialogue, but towards challenge. Although Iran does not want war, it is preparing to respond,” he said.
These comments come as the new US administration is formulating a new policy for the Middle East, the appointment of Mark Savaya as special envoy to Iraq and Tom Barack for Syria and Lebanon, clear indications of a radical change in Washington’s approach to Baghdad.

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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

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:

December 11, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. Which road will Iraq chose to follow?

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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Isaiah 30:21: 

“Whether you turn to the right or to the left, Your ears will hear a voice behind you saying, “This is the way; walk in it”.

STATUS OF THE RV

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If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is early December and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

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I wish I could tell everyone that the removing the of the zero has begun but it hasn’t. Here we sit, almost mid-December already and still waiting for the execution of what they told us months ago would occur at about now. Will we have to wait until mid 2026 or longer for the reinstatement?

I want to thank everyone for your comments in the blog and expressing how you feel about the RV timeline what Iraq is experiencing now. Today’s Newsletter will be short and sweet (or maybe not so sweet….yet )  

Like the U.S. in its last election, Iraq too could never be at a more critical time in its modern-day history, than right now. The results to their last November election will either make or break Iraq. I believe that Iraq will make the correct choice and chose prosperity and growth over the terrorist organizations residing in Iraq. To me it makes common sense they would but we all know this is often not applied in politics…lol..lol..lol… ☹

I look at the situation this way. If for now Iraq does chose prosperity, puts al-Sudani in for a second term, then continues what he started since January 2023, Iraq will move along as al-Sudani and Saleh have told us. A good solution might be to have a crisis in Iran to force Iran to bring home (withdrawal) these Kud forces and take them out of Iraq. Even if this crisis is not real, it could save face with Iran on this issue. After all these Iranian militia did enter Iraq on a supposed temporary basis. Then later the future wealth and prosperity of Iraq would then also affect Iran as trading partners and neighbors. Both countries could benefit tremendously. But it is time to chose prosperity and abundance over hatred and war. These factions must wake up and learn that they are only being used by these dictators and woke leaders. What good has ever come from it. This ideology has to change and the brainwashing has to end.

In the recent news once again, we get articles telling us the U.S. is not going to back down as envoy Mark Savaya has arrived in Baghdad and has delivered Trump’s message to the GOI. So, the important news for Iraq is still all about this situation with the militia standoff with the U.S.

😊You might want to take a peek at the article titled “TRUMP’S ENVOY: THE DECISION OF IRAQI LEADERS WILL DETERMINE WHETHER THE COUNTRY MOVES TOWARDS SOVEREIGNTY OR SLIDES INTO DISINTEGRATION”

I gave this article a smiling face because we all knew that this situation had to come to a critical junction someday. We’ve been watching this for a decade now. The previous presidents did not want to face the reality of this situation when, after the ISIS war was over, these Iranian forces remained in Iraq. That was the time to dismantle this plot of making Iraq a puppet state of Iran. Did they really even care about the economic potential in Iraq? Now under the Trump administration foreign policy a reversal is taking place. But it is hard to turn the ship around.

Now these militia are “dug” in, many are already infused within the political system, and many say the Iraqi budget even includes money to support them. Did you remember the bill that the GOI was going to bring up for a vote in parliament to make these militia “permanent” and legally fund them? Of course, under Trump this too was stopped. One has to question the sanity of what is going on in Iraq in this regard.

How about that? How stupid can that be for Iraq to think the U.S. won’t react? But now we all get the clear message from Savaya from the Trump administration on the two possible futures of Iraq just as Iraq’s former deputy prime minister Hoshyar Zebari spoke recently too on the country’s future after elections and its two possible paths. Remember the video I presented to you in my 12/9 Newsletter? Believe me the U.S. has the power to literally demolish the Iraq economy and send them back to the dark ages, if it so desires. They may be riding camels again…..just kidding….lol…

Savaya said, “Under President Trump’s leadership, the United States stands ready to support Iraq during this critical time. My team of highly experienced experts and I are committed to working closely with Iraqi leaders in the coming weeks and months to help build a strong state, a stable future, and a sovereign Iraq capable of shaping its own destiny in the new Middle East.” Savaya also warned on Thursday of Iraq’s slide towards disintegration and decline, noting that no nation can succeed in the presence of armed groups competing with the state, and stressing the United States’ readiness to support Iraq during this critical stage. What does this last statement mean?

I believe it means that if the GOI asks the U.S. to step in and clear out the Iranian militia from inside Iraq, it would. However, there must be a formal agreement to do so. Will this happen? I am sure that this is the last resort for the Trump administration but there has to be this alternative on the table, a clear message to Iran to recognize that the U.S. is VERY serious. Yes, you know Trump, he seldom backs down. Remember the Kim Clement prophecy in that God told us the U.S. has to take their hand out of the hand of Iran. This to me means they must stop placating Iran and deal with reality of the situation head-on. Trump with the bombing of the nuclear enrichment sites and Israel in the bombing of the long-range missile sites, shows their seriousness in dealing with Iran.

In a post on the “X” platform,  Savaya also said, “Twenty-three years after the fall of the dictatorship, Iraq stands once again at a critical juncture. The country has been given a historic opportunity to rebuild its institutions and secure a prosperous future. However, no nation can succeed while armed groups compete with the state and undermine its authority. This division has weakened Iraq’s international standing, stifled its economy, and limited its ability to protect its national interests.”

He added: “Over the past three years, Iraq has proven that true stability is possible when the government adopts a realistic and balanced approach that spares the country regional conflicts and refocuses on national priorities. This emerging path must be maintained and not obstructed. Stability requires responsible leadership, unity of purpose, and a firm commitment to strengthening the state and its institutions.” I believe this was a message to give al-Sudani a rightful second term as prime minister. He was speaking to the Coordination Framework.

Savaya added, “Today, as Iraq celebrates the eighth anniversary of its victory over ISIS and successfully concludes its parliamentary elections, the full responsibility lies with the country’s political and religious leaders. Their decision in the coming period will determine whether Iraq will move towards sovereignty and strength or slide back into disintegration and decline.” This statement to me is saying, without saying it directly, that the war on ISIS is over, its won and so its way due for the Iranian militia to get the hell out of Iraq. Their purpose has been served. If Iraq decides to leave the militia in Iraq this move will determine its future fate.

😊 Then yet in another article titled “THE AMBIGUITY IS OVER… JOE WILSON SHOCKS BAGHDAD: LIBERATE IRAQ OR SAY GOODBYE TO AID AND DOLLARS”.

It tells us the  American pressure on Iraq is escalating daily, shifting from veiled political messages to direct and explicit rhetoric linking continued support to the form of government in Baghdad and the limits of influence wielded by Iranian-backed armed factions.  If you go read what I said about the other article I just talked about this statement in this article fits exactly by what I talked about. Go figure…..

The latest indication of this shift came in a tweet by Republican Congressman Joe Wilson , who spoke publicly about the need to “liberate Iraq from Iran’s grip” and tied future US military aid to a set of conditions that touch upon the very core of the relationship between the Iraqi state and these factions.

In parallel, US President Donald Trump’s special envoy to Iraq, Mark Savaya, is acting as the executive face of this vision, amidst a clear discourse based on the principle: no weapons outside the state, no public funds being funneled to factions, and no open checks without political and security conditions. These developments come at a sensitive moment for Iraq; intensive negotiations to form a new government, widespread controversy over the future of the Popular Mobilization Forces and factions, and economic and financial pressures that make any crisis with Washington more costly than ever.

😊 Then there is an article in the news titled “A SENIOR US EMBASSY OFFICIAL: FORMING THE NEW GOVERNMENT IS AN IRAQI DECISION”.

In Baghdad, Joshua Harris the chargé d’affaires, US Embassy on Thursday, that America remains concerned about irregular financial transactions which is a legitimacy for American inside Iraq. The chargé d’affaires told Alsumaria News in an exclusive statement that Iraqi partners affirm their non-interference and their commitment to not dragging the country into the ongoing conflict in the region over this militia issue. He states that Iraq must maintain security within its borders, noting that America works to increase the activity of American companies within Iraq according to the principle of mutual exchange with Baghdad. These companies need to know that Iraq is secure.

He continued, stating that leading American companies are actively working with Iraqi partners, which will lead to mutually beneficial partnerships. He emphasized that America is not seeking a new conflict, and its vision for the future is peace in Iraq and throughout the world. He added that Iraqi leaders understand that including factions in the new government is incompatible with the partnership between Baghdad and Washington.  

Will the U.S. take military measures to force Iranian militia out of Iraq?
Regarding the possibility of taking escalatory measures against the factions, the Chargé d’Affaires stressed, “We encourage Iraqi state regarding the dismantling of factions, he stated that America will defend itself and its interests in Iraq,” indicating that the decision regarding the form of the new government is purely American.

😊 In another recent article we see yet more pressure from the former coalition nations that went inside Iraq on 2003. See article titled “GERMANY EXTENDS MILITARY MANDATE IN IRAQ BY 15 MONTHS.

 “Germany’s armed forces will continue their deployment in Iraq for an additional 15 months to help stabilize the country and prevent the resurgence of the Islamic State (ISIS), the German Defense Ministry announced Wednesday.” This is not exactly the news we would want to be hearing about Iraq from its security standpoint in this time of Iraq after 22 years since the invasion and being this close to the RV. However, this news was meant to put pressure on Iraq and Iran to pull the PMF out of Iraq. It’s timing was perfect.

😊 In yet another article titled “PROS AND CONS OF US EXCLUDING IRAQ FROM THE NATIONAL SECURITY STRATEGY” So, is this a good or bad thing to do?

The administration of US President Donald Trump has unveiled its 2025 National Security Strategy, outlining the foreign-policy and defense priorities that will guide Washington in the coming years. But more positively,(the glass is half full) he noticed that this “also shows that Iraq no longer presents a significant threat to US interests in the region, to the point where it needed to be added to the NSS.”

This also tells us that this issue with the Iranian militia can be solved and will be solved quickly now that Iran and Iraq know the U.S. is VERY serious about it stance.

Branded under the slogan “America First,” the document not only declares an end to the era of military interventions and regime-change campaigns, but also introduces an entirely new framework for the Middle East. Yes, we need a peaceful Iraq and a peaceful region as this will help secure Iraq borders and sovereignty, something much needed to see this process of the RV all the way through.

So, Between Washington, Tehran, and the Iraqi street… who will write the final equation? Can they agree on the political side so Ali al-Alaq can continue his work on the financial side? Remember they need SECURITY and STABILITY. Enough said….. Now you see the pressure not just from Trump and his envoy but also from many others concerned about the future of Iraq.  What do you think the Coordination Framework will do? We are about to find out in the coming week.

As far as the prime minister, I strongly feel that al-Sudani will be continue for a second term. There will be objections, appeals and petitions to stop him especially from the Coordination Framework, just as there are elements still trying to stop president Trump from running, then from being elected and now even once he took office. So, what plans will be made to remove the militia troops on the ground still has to be worked out. The CBI is waiting news from US Special Envoy Mark Savaya and the US Ambassador. Again, remember that the CBI has worked and is still working in tandem behind the scenes and  ahead of the GOI so the GOI has to catch up. There has to be a balance of politics with the financial reforms occurring.

Having read my RV Status for this period when do you think the RV will happen?

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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

“Are You Ready For What Is Coming To Dismantle Your Enemies”

You can start watching the video at the 15:57 mark.  From  Dec 7^th.

After listening to this prophecy, I can see that God is giving us a word of caution of what we are about to see that may shock us a bit on how he is going to bring down our enemies. He is doing this so that we can more readily accept what is happening since it may be so drastic of measures, that must take place, i.e. martial law., deportations, etc. What do you think?     

“Martial Law Must Take Place To Free Your Nation”

You can start watching the video at the 16:14 mark.  From Nov 16th.

Martial law is the replacement of civilian government by military rule and the suspension of civilian legal processes for military powers. Martial law can continue for a specified amount of time, or indefinitely, and standard civil liberties may be suspended for as long as martial law continues. Most often, martial law is declared in times of war or emergencies such as civil unrest and natural disasters. Alternatively, martial law may be declared in instances of military coups d’état.

Martial law is how the government gets to military tribunals we have been hearing about for the past 10-20 years of prophecies. God is telling us now through Julie Green that these will be necessary as our current court system is dysfunctional. These tribunals will be WWII Nuremburg style courts set for this purpose. They will rule on cases and hand down sentences. This corruption has been going on in our government all way too long as they protect each other, accept bribes and give death threats and so it is even hard to get justice. This will be necessary because of all the corruption that is within the justice system of the district courts. It is hard to get a fair trial. It’s coming and so be prepared mentally when you see it. We recently witnessed the crossing of the red line with the six democrats outright telling the military members to mutiny. Why? It’s because they know that martial law is coming. Get it? This should be yet another sign of proof to you of what I know to be true.

We are not to be fearful as this will NOT be a total shutdown of the nation like for COVID. Things will basically go on as normal daily life, however there will be a seed of martial law within the justice system of the government. It will be announced and televised. These court cases will be on TV daily. Glenn Beck does a good job of explaining it.

KIM CLEMENT WARNED THIS WOULD HAPPEN IN NEW YORK

‘TREASON’: ILHAN OMAR ACCUSED OF EXPLOSIVE CRIME

Is this all just hype? Can they really deport her? The pressure is building as more and more FACTS come out about who she really is and what she really represents.

CORRUPTION IN CALIFORNIA IS MUCH WORST THAN MINNIAPOLIS

Oh boy…. $24B missing! No one knows where it went? You won’t BELIEVE what the FBI just found on Gavin Newsom!!! Actually, it’s not so hard since we all know the guy is a dirtbag. so much for his governorship as a steppingstone to the Whitehouse. It’s so laughable I want to cry. How could this be happening in America?

By Dr. Steve Turely

SURPRISE! SURPRISE! HALF OF MINNESOTA VISAS ARE ‘FRAUDULENT’

LEAKED VIDEO OF ILHAN OMAR FUND RAISING RALLY RAISES SERIOUS QUESTIONS

What country is she really loyal to? Is it the U.S. or Somalia? Was Trump right?

This video should scare the pants off of everyone. Who the hell do these people think they are? Look carefully as Omar is beside him smiling and supports at what he says. This is her fund-raising rally.

FINALLY, JANUARY 6 PIPE BOMB SUSPECT IS IDENTIFIED

He admits to the pipe bomb but tries to implicate Trump followers on that day as crazy people by saying he’s a MAGA follower. They will try anything to implicate Trump and connect him to the violence that took place on Jan 6th.

WHO’S GOING TO LAUGH LAST?

This is despicable! There must be consequences for your actions. This was organized, premeditated theft. Excuses after excuses should not keep you out of prison or from being deported. This is going to blow up. Pay close attention. There are many more of these scams not yet uncovered all over the country, this is just an example. This is in part how we got to over 36 trillion dollars of national debt, one billion, one trillion at a time.

THE MINNESOTA $1B DOLLAR MONEY SCAM, COULD BE AS MUCH AS $8B

GAO JUST BLEW UP OBAMA’S LEGACY WITH $21B FRAUD

Yes, more fraud again set in motion by the Democrats. So, what is wrong with Obamacare or the “Affordable Care Act”. Is it anything but affordable to you and me? Let’s take a deep dive into this piece of legislation.

For most seniors who paid into the system, can’t even get our fair share of Social Security and here they waist tens of billions on fraud. People who never contributed to society.

Was Trump correct in his first term as president when he tried to cancel Obamacare?

‘THESE PEOPLE OUGHT TO ALL BE PUT IN JAIL!’

The honorable senator Kennedy Goes Nuclear On Minnesota Pols Over Fraud.

TRUMP’S LATEST THREAT TO ILHAN OMAR

This is why they plot against the president and try to get rid of him. Does he tell the TRUTH? Oh… boy does he! Many can’t even decide what is truth and facts anymore from all the lies told.

A LIBERAL DEMOCRAT PREARRANGED NEW NARRATIVE THAT THEY ARE BUILDING SLOWLY AGAINST TRUMP IS BEING BORN. HERE WE GO AGAIN…

The news media is given the new narrative and then the questions to impose in the interview to create the narrative. Yes, the interview is “staged” for the public.

I pray this nasty Mark Kelly is convicted of inciting mutiny among the ranks of the military. And for that matter the other five (5) politicians also.

A PREEMPTIVE STRIKE ON PRESIDENT TRUMP’S AUTHORITY AS COMMANDER AND CHIEF

What is this democrat propaganda trying to prepare America for? Yes, this must be dealt with and not ignored.

Victor Davis Hanson takes is through it for us to understand the TRUTH what these democrats are trying to do. Again, they are desperate and will try anything. This inciting of mutiny to 1.3 million military members must NOT go unanswered. The military chain of command must NOT get political.

Everyone must listen to this video to understand firmly what is going on.

TIM WALZ SPIRALS AND RUNS OFF MSNBC WHEN ASKED ABOUT THE CORRUPTION IN HIS OWN STATE

TRUMP AIMS TO REVOKE BIDEN-ERA PARDONS SIGNED ‘ILLEGALLY’ WITH AUTOPEN

Can president actually do this legally and constitutionally?

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. 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.

TRUMP FLOATS ZERO INCOME TAX PLAN STARTING WITH BIGGEST REFUNDS EVER

The Trump administration is slowly rewriting the entire federal tax code.

Give it time as the country will finally realize that with the right-offs half the country does not pay income tax anyhow. It makes common sense that if you keep adding exceptions and eliminate taxes in the tax code, they why even have an annual filing process? Yes, we can see what is happening. A slow methodical breakdown and then replacement of how revenue is to be collected for the federal government in the near future. But these changes will have to get through congress and congress must remain within the conservative power base.

TRUMP’S ENVOY: THE DECISION OF IRAQI LEADERS WILL DETERMINE WHETHER THE COUNTRY MOVES TOWARDS SOVEREIGNTY OR SLIDES INTO DISINTEGRATION.

(WOW! Now we all get the clear message of Savaya from the Trump administration on the two possible futures of Iraq just as Iraq’s former deputy prime minister Hoshyar Zebari speaks on the country’s future after elections. Remember the video I presented to you in my 12/9 Newsletter?)

Savaya concluded his post by saying, “Under President Trump’s leadership, the United States stands ready to support Iraq during this critical time. My team of highly experienced experts and I are committed to working closely with Iraqi leaders in the coming weeks and months to help build a strong state, a stable future, and a sovereign Iraq capable of shaping its own destiny in the new Middle East.”

US President’s envoy to Iraq, Mark Savaya, warned on Thursday of Iraq’s slide towards disintegration and decline, noting that no nation can succeed in the presence of armed groups competing with the state, and stressing the United States’ readiness to support Iraq during this critical stage.

In a post on the “X” platform, which was followed by “Al-Rasheed”, Savaya said, “Twenty-three years after the fall of the dictatorship, Iraq stands once again at a critical juncture. The country has been given a historic opportunity to rebuild its institutions and secure a prosperous future. However, no nation can succeed while armed groups compete with the state and undermine its authority. This division has weakened Iraq’s international standing, stifled its economy, and limited its ability to protect its national interests.”

He added: “Over the past three years, Iraq has proven that true stability is possible when the government adopts a realistic and balanced approach that spares the country regional conflicts and refocuses on national priorities. This emerging path must be maintained and not obstructed. Stability requires responsible leadership, unity of purpose, and a firm commitment to strengthening the state and its institutions.”

Savaya added, “Today, as Iraq celebrates the eighth anniversary of its victory over ISIS and successfully concludes its parliamentary elections, the full responsibility lies with the country’s political and religious leaders. Their decision in the coming period will determine whether Iraq will move towards sovereignty and strength or slide back into disintegration and decline.”

He continued: “A unified and rational choice will send a clear and unequivocal signal to the United States and the international community that Iraq is ready to assume its rightful place as a stable and respected nation in the new Middle East. The alternative is equally clear: economic decline, political turmoil, and international isolation.”

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THE EUROPEAN UNION AFFIRMS ITS COMMITMENT TO EXPANDING COOPERATION WITH IRAQ.

The European Union today affirmed its commitment to expanding cooperation with Iraq.

A statement from the Ministry of Foreign Affairs, received by the Iraqi News Agency (INA), stated that “the Undersecretary of the Ministry of Foreign Affairs in Baghdad, Ambassador Mohammed Hussein Mohammed Bahr Al-Uloom, received the European Union Ambassador to Iraq, Clemens Zimmtner.”

He added, “At the beginning of the meeting, the Undersecretary welcomed the Ambassador, stressing the Ministry’s keenness to strengthen the partnership with the European Union and raise the level of cooperation in various fields, especially political, economic and developmental fields.”

He explained that “Iraq views the European Union as a reliable partner and supporter of the paths of stability and growth.”

For his part, the European Union ambassador affirmed that “the Union sees Iraq as a strong and pivotal partner in the region,” stressing “the need for the continued development of the Iraqi economy and support for the stability that the country is witnessing, which contributes to enhancing its ability to play its regional and international role.”

He pointed out “the keenness of the Union countries to expand the horizons of cooperation with Iraq during the next stage,” indicating that the two sides discussed during the meeting the issue of ending the work of the United Nations Assistance Mission for Iraq (UNAMI), and the mechanisms for moving to a new stage of cooperation that focuses on technical and institutional support.

He added: “They also discussed the latest developments in the Syrian file, and stressed the importance of continuing coordination on regional developments of common interest.”

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PROS AND CONS OF US EXCLUDING IRAQ FROM THE NATIONAL SECURITY STRATEGY

Once a central focus of US Middle East security strategies, Iraq was notably absent from the latest National Security Strategy released by the administration of President Donald Trump.

Safwan Al-Amin, non-resident fellow in the Iraq program at the Atlantic Council, said this factor “reflects several things.” Speaking to Shafaq News, he noted that the first reflection is that “Iraq is clearly not on the administration’s priority list in the region.” So far, he added, “the opportunities that Iraq presents for the US have not been well-defined.”

But more positively, he noticed that this “also shows that Iraq no longer presents a significant threat to US interests in the region, to the point where it needed to be added to the NSS.”

Al-Amin noted that “the administration’s apportionments that would be responsible for coordinating and making policy in relation to Iraq have been delayed, and the team is just beginning to take shape now.” The administration of US President Donald Trump has unveiled its 2025 National Security Strategy, outlining the foreign-policy and defense priorities that will guide Washington in the coming years.

Branded under the slogan “America First,” the document not only declares an end to the era of military interventions and regime-change campaigns, but also introduces an entirely new framework for the Middle East.

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America’s new equation

THE AMBIGUITY IS OVER… JOE WILSON SHOCKS BAGHDAD: LIBERATE IRAQ OR SAY GOODBYE TO AID AND DOLLARS.

American pressure on Iraq is escalating daily, shifting from veiled political messages to direct and explicit rhetoric linking continued support to the form of government in Baghdad and the limits of influence wielded by Iranian-backed armed factions.

The latest indication of this shift came in a tweet by Republican Congressman Joe Wilson , who spoke publicly about the need to “liberate Iraq from Iran’s grip” and tied future US military aid to a set of conditions that touch upon the very core of the relationship between the Iraqi state and these factions.

In parallel, US President Donald Trump’s special envoy to Iraq, Mark Savaya, is acting as the executive face of this vision, amidst a clear discourse based on the principle: no weapons outside the state, no public funds being funneled to factions, and no open checks without political and security conditions.

These developments come at a sensitive moment for Iraq; intensive negotiations to form a new government, widespread controversy over the future of the Popular Mobilization Forces and factions, and economic and financial pressures that make any crisis with Washington more costly than ever.

From Wilson’s tweet to the attempt to restrict aid via the Defense Act

In his latest tweet, Joe Wilson not only expressed concern about Iranian influence in Iraq, but also presented what resembled a political and security “statement of conditions.” He praised President Trump’s leadership and envoy Mark Savaya, noting that Congress was prepared to support the president with new provisions in the National Defense Authorization Act that would – for the first time – link assistance to Iraqi security forces to Baghdad taking “real” steps to stop supporting Iranian-backed factions.

The lines of this route indicate:

– Restricting some security and military aid to Iraq to the government’s conduct toward the factions.
– Making the factions a direct target of US legislation, through additional sanctions packages or designations.
– Incorporating the oil and financial sectors into the conditions, by calling for international audits of oil revenues and transfers, and ensuring that institutions such as the Central Bank and the Ministries of Oil, Transportation, and Industry are not used as indirect funding channels.

In this way, the issue is no longer just a passing political speech, but a legislative approach that seeks to make pressure on the factions a structural part of the Baghdad-Washington relationship.

Complex pressure tactics, not a new “invasion plan”

Inside, these signals are interpreted differently. Political and strategic affairs expert Jassim al-Gharabi told Baghdad Today that American statements like “liberating Iraq from Iran’s grip” are essentially pressure tactics rather than concrete plans ready for implementation.

Al-Gharabi explains that the repetition of this discourse at close intervals carries several dimensions, including:

– Emphasizing that the Iraqi file remains a prominent feature of the US strategy in the Middle East, especially given the interconnectedness of energy, security, and factional issues.
– Attempting to reset the rules of political engagement with Iran through Baghdad; the threat of linking aid and financial support to the role played by factions represents a bargaining chip in any broader settlement with Tehran.
– Testing the internal Iraqi mood; Washington is monitoring the reactions of political forces, the public, and elites to any external discourse that speaks of “changing behavior” or “reform from the outside.”

Al-Gharabi warns that turning these statements into a point of sharp internal polarization could open the door to divisions between those who see American pressure as an opportunity to strengthen the state, and those who see it as a gateway to a new guardianship, stressing that the reasonable equation is for decisions on reform and sovereignty to remain purely Iraqi, not part of a conflict of messages between Washington and Tehran.

The new government is at the heart of the storm.

On a practical level, this language translates directly into the process of forming the new government. The issue is no longer simply about distributing portfolios among the blocs, but also about how influential capitals – foremost among them Washington – interpret the nature of the names that will assume the sovereign, security, and economic ministries.

Strategic affairs expert Hussein Al-Asaad warned in his interview with “Baghdad Today” of the repercussions of assigning official positions to figures linked to armed factions, stressing that “pushing forward names close to the armed wings within the anticipated ministerial formation will directly affect the stability of the internal situation, and will also weaken Iraq’s position in its relations with the international community, especially the United States.”

Al-Asaad points out that the recent American messages are decisive in refusing to grant any official cover to the factions within state institutions, and that ignoring this may be understood in Washington as a direct challenge, and opens the door to economic, financial and security reactions that the Iraqi economy cannot easily bear, given the sensitivity of the dollar files, oil contracts, and security and intelligence cooperation.

He reminds us that the world is watching the symbolism of appointments; a minister with a background close to an armed faction is not only interpreted locally, but is also recorded externally as a consecration of the influence of weapons in the joints of the state, which is reflected in risk classifications, investment flows, and patterns of international cooperation with Baghdad.

Pressure tactics and limits of Iraqi response

What gives these statements added weight is that they do not come in a vacuum; in recent years the United States has activated a wide range of pressure tools on both Iraqi and Iranian parties, from individual sanctions to tightening restrictions on the banking system, to introducing political conditions into defense assistance programs.

In contrast, Iraqi government circles assert that the issue of weapons and factions cannot be resolved by an external decision alone, but is linked to the nature of internal balances and the future of the foreign military presence itself, indicating that any approach to disarmament or reorganization requires an internal national dialogue concurrent with any understandings with Washington or others.

Between Washington, Tehran, and the Iraqi street… who will write the final equation?

Between Wilson’s tweet, the pressure from Trump’s envoy Mark Savaya, and the warnings from experts in Baghdad, a political and security minefield is forming for Iraq:

Full acceptance of the American conditions could create internal conflict with the factions and their parliamentary and popular support, opening the door to a new internal confrontation.

Ignoring these conditions could lead to a suffocating tightening of restrictions on dollar transactions, oil contracts, and security cooperation, and perhaps even a wave of sanctions targeting institutions and individuals within the state itself.

Between these two extremes, the realistic equation seems closer to searching for an Iraqi “middle ground”: a state that gradually regains its decision-making power from the grip of uncontrolled weapons, an external relationship that does not allow Iraq to be turned into an arena for settling scores between Washington and Tehran, and a political system that tries to reform itself from within before reforms are imposed on it from the outside.

What is clear so far is that the phase of ambiguity in American discourse has ended; the language today is more explicit, and closer to a new “conditional contract” with Baghdad: conditional American support, factions under scrutiny, and a future government that will be tested – from its first day – in its ability to manage this delicate balance, without the country slipping again into chaos that no one can afford to pay for.

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A SENIOR US EMBASSY OFFICIAL: FORMING THE NEW GOVERNMENT IS AN IRAQI DECISION.

 
The chargé d’affaires confirmed in US Embassy I have Baghdad, Joshua Harris on Thursday, that America remains concerned about irregular financial transactions. Legitimacy inside Iraq, there are no new decisions regarding this matter.

The chargé d’affaires told Alsumaria News in an exclusive statement that Iraqi partners affirm their non-interference and their commitment to not dragging the country into the ongoing conflict in the region, and to maintaining security within its borders, noting that America it works to increase the activity of American companies within Iraq according to the principle of mutual exchange with Baghdad.

He continued, stating that leading American companies are actively working with Iraqi partners, which will lead to mutually beneficial partnerships. He emphasized that America is not seeking a new conflict, and its vision for the future is peace in Iraq and throughout the world.

He added that Iraqi leaders understand that including factions in the new government is incompatible with the partnership between Baghdad and Washington.

Regarding the possibility of taking escalatory measures against the factions, the Chargé d’Affaires stressed, “We encourage Iraqi state regarding the dismantling of factions, he stated that America will defend itself and its interests in Iraq,” indicating that the decision regarding the form of the new government is purely American.

Concerning the lifting of US sanctions on Iraqi banks, he explained that America remains concerned about illicit financial transactions. Legitimacy within Iraq, there are no new decisions regarding this matter.

Regarding the issue of arming and equipping air defense systems…Kurdistan Region. He stated that America is deeply committed to Iraqi sovereignty and to condemning all threats to the country’s security. He added that they are working with their partners in Baghdad and Kurdistan to find ways to protect infrastructure, but he would not go into military details at this time. He further stated that they are demanding that the governments of Baghdad and the Kurdistan Region quickly hold those responsible for the attack on the Kor Mor gas field accountable.

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GERMANY EXTENDS MILITARY MANDATE IN IRAQ BY 15 MONTHS

Germany’s armed forces will continue their deployment in Iraq for an additional 15 months to help stabilize the country and prevent the resurgence of the Islamic State (ISIS), the German Defense Ministry announced Wednesday.

“The Federal Government has decided to continue the deployment of the Federal Armed Forces in Iraq for a further 15 months,” the ministry said in a statement, noting that the mission “is intended to permanently enable the regular Iraqi armed and security forces to ensure security and stability in Iraq and prevent a resurgence of ISIS.”

The statement added, “The Federal Armed Forces will train and advise the Iraqi armed and security forces to this end.”

The ministry said the extension of the mandate came at the request of the Iraqi government. “The Iraqi government requested the continuation of support from Germany, as the threat of ISIS remains,” it said, adding that German troops in Iraq are “supporting the NATO Mission Iraq (NMI).”

Germany’s military involvement in Iraq began in August 2014, initially providing military equipment – including anti-tank missiles and assault rifles – to Kurdish Peshmerga forces. In October 2014, German troops were deployed to Erbil to train Peshmerga fighters, marking Berlin’s first operational presence in the region.

Germany is also a major contributor to the NATO Mission Iraq (NMI), launched in 2018 at the request of Baghdad. The mission is non-combat and focuses on advising and building the capacity of Iraqi security institutions, enabling them to independently counter terrorism and prevent any resurgence of ISIS.

“The essential content of the mandate remains unchanged, allowing for up to 500 German soldiers to be deployed in Iraq,” the ministry said, noting that the Bundestag still needs to approve the extension.

In addition to military support, Germany has provided substantial civilian aid. The German Foreign Ministry told Rudaw in mid-August that Berlin has delivered over €3 billion in humanitarian, development, and stabilization assistance to Iraq.

This includes €800 million ($933 million) in humanitarian aid and €2.6 billion ($3 billion) for stabilization programs between 2014 and 2022, supporting initiatives such as psychosocial services and rehabilitation programs for survivors of ISIS atrocities.

Most of Germany’s soldiers are stationed in the Kurdistan Region. 

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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

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:

December 9, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. The road to the RV. The closer we get……

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!

____________________________________

2 Corinthians 9:10

“Now he who supplies seed to the Sower and bread for food will also supply and increase your store of seed and will enlarge the harvest of your righteousness”

More news….

WASHINGTON PREPARES MAJOR SANCTIONS AGAINST IRAQI FIGURES OVER MONEY LAUNDERING, ARMED GROUPS FUNDING

One official told Al-Araby al-Jadeed that Washington views the move as a response to recent attacks on gas and oil fields, as well as part of a wider effort to curb money laundering and financial support to armed groups. Iraqi authorities have been informed that the United States is preparing to issue a new round of sanctions targeting politicians, businessmen, and multiple companies, according to three Iraqi government sources familiar with the matter.

According to the sources, US officials conveyed during recent visits to Baghdad that the upcoming sanctions list will include individuals involved in funding channels linked to armed groups operating in the interests of a neighboring country. The measures, which will be finalized by the US Treasury Department, are expected to focus on entities believed to be facilitating illicit financial activities.

(There are individual sanctions and not UN Chapter VII sanctions and I am told by my CBI contact these, if applied, alone will not stop the targeted reinstatement in early January. However, combined with the Iranian influence in the new government there could be some ramifications.)

More news….

SAVAYA, THE MAN OF “NO’S,” COMING TO IRAQ

 As the new Iraqi government, which resulted from the November 11 elections, nears its formation, Iraqis are awaiting the arrival of US President Donald Trump’s envoy, Mark Savaya, in the coming days to put the “American” touches on the government’s formation. Savaya may have the final say in assigning jobs and ministries, away from the influence of armed militias close to Iran.

(The final announcement of the new prime minister and parliamentary members won’t happen until he arrives.)

Everything became confused amidst the noise of questions about how the next Iraqi government would be formed, amidst American attempts and messages carried by Savaya to lift the control of the parties supporting the factions’ weapons from the political decision and influence over the next government formation, and what Savaya’s position and that of his American administration would be, especially after the victory of more than 80 deputies in the Iraqi parliament representing parties of armed factions close to Iran, contrary to expectations that indicated a reduction in Iranian influence after American pressure on the ruling system.

The decision to exclude political parties and entities with armed factions from the upcoming government formation of the next government.

STATUS OF THE RV

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If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is early December and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

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I wish I could tell everyone that the removing the of the zero has begun but it hasn’t. Here we sit, almost mid-December already and still waiting for the execution of what they told us months ago would occur at about now. Will we have to wait until mid 2026 or longer for the reinstatement?

I need everyone to listen carefully to the introduction AUDIO when you clicked on the blog today. It plays automatically. Yes, it’s a longer than usual commentary but it is on purpose. Even if this RV does not occur as we hoped in January our hopes and dreams are not all for nothing. Folks they are telling us now this is right around the bend and the dinar is going back to FOREX. It is not an option but a mandatory step for the future financial goals of Iraq.

Tell me…. why in hell would the CBI along with a huge effort from the GOI go through all these reforms and economic projects i.e. The Development Road Project, expansion of oil, Customs and Tariffs. etc., etc. if they were not serious to re-enter the global markets?

Come’ on folks why the gloomy faces when I tell you we might have to wait until 2026? Remember I am not hanging the possibility of early January 2026 until my CBI contact tells me to move on. We are still in the ballpark folks. There is lots of discouraging articles, mostly falsified information by the Iranian influence who want to keep the same old status quo of enriching Iran over Iraq.

So, we are not yet out of the proverbial ‘dog haus’ yet with this RV. All the messages we are getting from the CBI now tell us that January 2026 is still a target for the reinstatement. I have some doubts just as you do, but they are still insistent. I try not to let this news prejudice me too much as I like to see all of it backed up with more evidence. Yes, there is evidence too but there are also issues that must be worked out for the U.S. to allow it to progress. There are security concerns with Iran, but we all already know this, don’t we? You can refresh yourself on the list of the five issues in the September 16th Newsletter. So, what is the current news? Once again it evolves around these five (5) main issues. Surprise! Surprise!

We must remember that up until December 2022, Iraq was still under Chapter VII UN sanctions for repayment of War Reparations. Somehow Iraq managed to finally vote in a guy who is a true patriot of Iraq, a business man, like Trump, who saw the economic potential and knew how to “make Iraq great again” and “Iraq first”. Sound familiar?

The citizens luv him and voted for him in the last election by overwhelming majority (sound familiar again?) , but the political parties don’t seem to care what the people want. Was all the voting for nothing? If I was Al-Sadar I would have my people on the streets rioting to bring about the change necessary to open their ears to listen to the people. Al-Sudani had won the largest parliamentary bloc with nearly 50 seats or more. It should be a no brainer who should be the next prime minister. But they push out propaganda resurrect the old dinosaurs for prime ministers that failed Iraq as new candidates, really?

See the article in the 11/18 Newsletter titled “AFP: SUDANI COALITION ACHIEVES MAJOR VICTORY IN IRAQI ELECTIONS”

Like in the U.S. these wicked people in Iraq are using our own democratic principles to overcome our lives and try to govern us under their own globalist ideological principles, which are in direct conflict with our values and desires. It’s the same old, same old for thousands of years. The US experiment must work. We must spread our principles of freedom and self-governance throughout the world.

However, they want to break down the very fabric of our societies and turn the world into a waste basket for their own control using shortages and crises. They want hopelessness. They want us to give up.

So, we see this too in Iraq, no different. There is only one way to overcome this. We must pray and believe that God will help us. But in doing so we must also take action and perform what God is telling each and everyone of us to do. Yes, in our own hearts we feel the presence of God and we do know what to do. We can properly vote, we can keep hounding our representatives for what we want, we can run for office and get involved, etc., etc.

FEAR is keeping most of us back from doing it. Many of us may be retired and physically are limited. But there is still much we can do. Open you heart, sit quietly and pray. The answers will come. Oh.. we may have to sacrifice. We must overcome this fear. Kim Clement told us of a prophecy where he witnessed millions of united people all shouting for unity. In the middle of the crowd was a man, his face he could not see, as of yet. A decade or more later we learn this man could be Trump. So, God tells us to unite and fight these bastards. They are VERY afraid of us when we unite against their foolishness and lies. We must not give up! Here is the Kim Clement prophecy. Do you think God was wrong?

I also want to remind everyone of my background. I worked in the US Army Military intelligence branch for many years. I was trained to think a certain way. I used to brief generals on the information that came through channels. Based on this information they made critical decisions on the battlefield. Later I earned a master degree in Economics. I am not some dummy, high school dropout. I use these abilities and skill sets to help us all try to understand the articles and connect it to what I am told from my CBI contact. I can only report on what I know and what I can deduce from the FACTS. Absolutely no one has a crystal ball. I have warned everyone already time is short and so the window for the 2026 reinstatement is getting narrower and narrower as December rolls by. I do not ever want to spread rumors or fill the blog with opinions. Opinions must be justified with something to backs them up or they are just rhetoric and nonsense. They are just an expression of frustration. So, if you have an opinion and can back it up with FACTS then it is no longer just an opinion, right? Instead, it becomes an expression of FACTS.

So, along with my CBI contact, months ago we were able to draw out the five main issues that could prevent the reinstatement process. I know everyone remembers these, as I drilled them into your heads over and over again, right? So, have we not seen these exact five issues all of them in the news mostly. Yes, the news is almost entirely about these five issues all related to them in one way or the other. Get it? I think my CBI contact and I did a pretty good job in getting a handle on this investment. But we can’t control the outcome. Yes, no crystal ball. Also remember that the CBI works independently but in tandem with the GOI. It needs the GOI but also brings in the experts to help with the financial reforms. So, even though the GOI may stumble depending on the prime minister and his work, the CBI keeps moving along in the background regardless under Ali al-Alaq. This is what has happened only the CBI has out paced the GOI while they wait for the GOI to catch up. If I can sum it up that is the problem.

You may ask then, what is it that the GOI has to catch up to keep pace with the CBI?

The answer again is these five issues I keep talking about. Here they are again:

“The five mandates by the US for Iraq:  

• Clean up the Private Banks:   
• Expulsion of the PMF militia in Iraq:  
• Passing and Implementing the Oil and Gas Law or HCL:  
• Parallel vs Official CBI rate of the dollar:  
• Collection of the 80% of currency outside the banking system:  

😊 Please take a peek at the article titled “IRAQ’S 2025 ELECTION: A RECALIBRATION OF POWER, NOT A RUPTURE OF THE STATUS QUO”.

I added this article back again in the Articles Section of today’s Newsletter so you can easily reference it. Go figure what is occurring now as the election moves through. Are they going to get the “change” or continue the change in progress of Al-Sudani the people want to continue or is Iraq going to backwards to the same old stale status quo from the Nori al-Maliki days? We wait in anticipation to see what happens. Will it happen in time to be able for the CBI to reinstate the dinar. Time will tell. No one has a crystal ball. I will not hang up the thoughts of a January reinstatement until the time come and there is no reinstatement. I was told over and over again since September that the CBI is targeting early January 2026 with the project to delete the zero prior or to coincide. )

I also want to remind everyone that Dr Shabibi told us that the MOST opportune time (not the only time) to reinstate the dinar and have a substantial raise in the rate is the beginning of a fiscal year. Why is this? Why did he say this?

He said this because according to the budgeting process, the new annual budget is supposed to be ready and opened for spending on January 1^st of each year. So, I ask has it every been ready on time?

Knowing this about the budget gives the CBI some latitude in the timing of the reinstatement. They have the entire month of January. In fact, it can go longer since parliament is not yet even in session to vote on the new budget due to the election cycle. They are going to try for a three (3) year 2026-2028 budget again. In the meantime, if they don’t get all this done for January 1^st, they have a process to spend money at 1/12 of the proposed budget. This could buy them some time to get these five (5) other issues resolved. Let’s review what might happen to each of these five (5) issues. For reference I only went back to beginning of November. There were many more articles on these subject matters. You can poke through them and scan them if you wish by clicking on the links to them. Folks this is all I have. I can’t make the RV happen nor lie to you that it did happen.

I can only show you the FACTS of what might hold it up and then again what they told us they were doing to go forward. What I am not demonstrating to you today, as this is not the main topic, is the slew of articles we had on the currency reform project they told us about in mid November and how they told us the CBI was launching this historic project to reform the currency. See the article below:

“THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM” from 11/11 Newsletter.

I then took this article to my CBI contact back then and received her confirmation the CBI was targeting early January 2026 to complete this “historic” reform. She still tells me just yesterday that the target has NOT changed from early January. So, in trying to decide whether these mandates are any longer a threat to moving along with the currency reform, let dive a bit deeper and see if the progress is ‘good enough’ to give the U.S. assurances that it will happen to their satisfaction or if it has already progressed to their satisfaction.

“The five mandates by the US for Iraq:

• Clean up the Private Banks: The Banking Reform Plan is underway, and the CBI told us they plan to be completed by the first quarter of 2026. These reforms are about the smaller private banks but mostly about the two main government owned banks. See articles below:

“THE CENTRAL BANK REASSURES: COMPREHENSIVE REFORMS AND A SWIFT RETURN OF BANKS DEPRIVED OF DOLLARS” from 12/4/ Newsletter

“SAMIR AL-NASSIRI: THE BANKING REFORM PLAN IS BEING IMPLEMENTED SUCCESSFULLY ACCORDING TO ITS TIMETABLE” from 12/4/ Newsletter

“AL-ALAQ: THE CENTRAL BANK IS WORKING ON TWO PLANS TO REFORM THE BANKING SYSTEM… WE HAVE ENTERED ADVANCED STAGES” from 11/4 Newsletter

“THE CENTRAL BANK CONFIRMS A RAPID RESPONSE FROM BANKS TO JOIN THE BANKING REFORM PLAN” from 11/4 Newsletter

(Mnt Goat: I do not believe this is any longer going to be an issue and the US, World Bank and the IMF are satisfied with this one.)

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• Expulsion of the PMF militia in Iraq: There are numerous, humorous articles on this subject in the recent news period. But we get the thoughts of what is going on in Iraq. There is no way the US is going to get these groups off the terrorist list. Yes, they actually want to change these dangerous terrorist groups in Iraq to non-terrorist designations to free up their frozen bank accounts. Why? Iran is falling apart and needs the money. This is why Iran took Iraq as a proxy state. They need assurances of funding to fund their economy and their terrorist activities. So, why did Iraq enter sanctions to begin with? They entered UN sanctions due to the attack on Kuwait but also to prevent the funding of terrorists organizations in Iraq. Why would the US reinstate the dinar under these conditions if they still existed? I am just asking. Do you have the answer?

Here are the articles on this subject matter. You owe it to yourself to read all three articles in the order to which I present them. They will make much more sense. I have included comments in each article to help you understand better what is going on.

“MALIKI’S COALITION CALLS ON THE FRAMEWORK FOR AN URGENT MEETING AND THE REMOVAL OF HEZBOLLAH AND THE HOUTHIS FROM THE LIST OF TERRORIST ORGANIZATIONS” from today.

“A SHIITE FACTION CALLS FOR THE “EXECUTION OF THE SECOND TERM” AND ACCUSES THE SUDANESE GOVERNMENT OF TREASON” from today.

“LEGAL EXPERTS: AMENDING THE OFFICIAL GAZETTE IS “PERMISSIBLE,” AND THE DECISION REGARDING THE HOUTHIS AND HEZBOLLAH IS INTERNATIONAL AND BINDING ON IRAQ” from today.

“WASHINGTON CALLS ON BAGHDAD TO DISMANTLE “IRANIAN MILITIAS” AND AFFIRMS ITS COMMITMENT TO WORKING WITH IRAQ” from my 12/4 Newsletter.

“US WILL NOT ACCEPT ‘OUTSIDE INTERFERENCE’ IN IRAQ’S NEW GOVERNMENT, SPECIAL ENVOY SAYS” from 11/25 Newsletter

“WASHINGTON REJECTS IRAQI PM’S CONDITION ON DISARMING FACTIONS” from 11/6 Newsletter.

“IRAN IS REPORTEDLY ATTEMPTING TO FORCE ITS LARGE PROXY AND PARTNER MILITIAS IN IRAQ” from 11/6 Newsletter.

“AN AMERICAN PROJECT TO RESTRUCTURE IRAQ, END IRANIAN INFLUENCE, AND UNIFY DECISION-MAKING BETWEEN BAGHDAD AND ERBIL” from 11/4 Newsletter

“U.S. ENVOY LINKS IRAQ’S STABILITY TO ENDING IRANIAN INFLUENCE AND CURBING ARMED GROUPS” from 11/4 Newsletter

IRAQ’S FORMER DEPUTY PRIME MINISTER HOSHYAR ZEBARI SPEAKS ON THE COUNTRY’S FUTURE AFTER ELECTIONS

Watch this video interview and see if you can figure out as to how this may turn out for us investors.

(Mnt Goat: This is still the sour grape and Iraq awaits President Trump’s special envoy Mark Savaya to arrive. Let’s see what happens from his meetings.)

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• Passing and Implementing the Oil and Gas Law (or HCL): Please seethearticle below for an update on this new law:

 “AN ENDLESS CRISIS: WHY HASN’T THE OIL AND GAS LAW BEEN RELEASED FROM THE DRAWERS FOR 20 YEARS?” from today.

Seems they want to get the new law from the cabinet to parliament to try to pass it finally. I think everyone is finally onboard with this including mostly Kurdistan. They are actually now following the provisions within the law and so I don’t think it is going to be hard to pass. So it will probably be one of the first bills taken up in the new parliament in 2026.

“THE OIL AND GAS LAW: KURDISH PRIORITIES IN THE IRAQI GOVERNMENT FORMATION NEGOTIATIONS” from 11/20 Newsletter

 (Mnt Goat: I do not believe this is any longer going to be an issue and there are strong assurances that the Oil and Gas Law will finally go to parliament and be voted on and pass.)

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• Parallel vs Official CBI rate of the dollar:  Well,,,well,,, we have certainly heard lots about the parallel market and so according to the CBI this is no longer of any real concern. They told us they expect spikes in the dollar from time to time and so we have had them. However, they are controlled spikes since they occur mostly under speculation or when the CBI decides to make changes that effect the dollars in some way. For instance, of the recent spike when the CBI proposed the ‘advance customs declaration’ issued by the ASYCUDA system. The speculators in the dollar (black market) tried to kill the CBI program with claiming they needed a devaluation in the dinar. It was all just hyped up and we read multiple articles on it. Surely a devaluation would have made the market much worst but in their favor. See articles titled:

“THE ADVANCE CUSTOMS DECLARATION COMES INTO EFFECT” from the 12/4 Newsletter

“THE CENTRAL BANK WARNS THOSE SPREADING RUMORS ABOUT THE DOLLAR EXCHANGE RATE”  from the 12/2 Newsletter

“PRESSURE ON THE CENTRAL BANK TO CHANGE THE EXCHANGE RATE CONSTITUTES INTERFERENCE WITH ITS INDEPENDENCE” from the 12/2 Newletter

“THE CENTRAL BANK SETTLES THE DEBATE: THERE IS NO INTENTION TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR” from 11/25 Newsletter

(Mnt Goat: I do not believe this is any longer going to be an issue. The CBI has told us already many times this is not a major issue and they can control the parallel market. That any recent spikes they predicted form speculators and are short lived. Soon there are measures that will eliminate the parallel market all together like the advance customs declaration issued by the ASYCUDA system, including the rapid access code (QR). The CBI is working with 80 international banks already and soon most banks will be allowed to work with any international currency once the Banking Reform project is completed. This has international IQD written all over it.)

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• Collection of the 80% of currency outside the banking system: Every week there is an article on this one in some fashion or closely related. It is of major concern. amount of cash held by the public is estimated at around 90 trillion dinars, out of a total money supply of 98 trillion dinars in Iraq. 

Remember that this retrieval of currency is all related to the electronic banking and Point of Sale. These are ways to avoid more stashes in the future. Today we have yet more articles titled:

“ECONOMIC: THE SHIFT TOWARDS AN ELECTRONIC PAYMENT SYSTEM PROVIDES THE STATE WITH FINANCIAL LIQUIDITY” from today.

“THE ELECTRONIC PAYMENT SYSTEM: A DIGITAL TRANSFORMATION THAT THREATENS CITIZENS’ TRUST” from today.

“THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM” from the 12/2 Newsletter.

“CENTRAL BANK OF IRAQ: NET CURRENCY IN CIRCULATION EXCEEDS 92 TRILLION DINARS IN ONE MONTH” from 11/20 Newsletter

“FINANCIAL EXPERT: PEOPLE DO NOT TRUST BANKS AND ARE STORING THEIR MONEY AT HOME” from 11/4 Newsletter

(Mnt Goat: I do not believe this is any longer going to be an issue as value will be added to these stashes of notes, which we were just told are mostly the older lower denominations. We are told the the older notes and the newer lower denominations will coincide both in and out of Iraq for at least a year once the remove the zeros project occurs.)

Election Update:

Lastly the other swamp that must be drained is the infiltration of Iran into Iraqi politics and the move by Iran to make Iraq a puppet state. Iran wants the GOI to fund the Iranian militia…. and make it legal too. How about that for corruption? By all the news we have been reading from my blog, most should realize by now the severity of this past November elections and what it will mean to get al-Sudani back for a second term. Oh boy…. does this sound familiar with Donald Trump and his second term…. Many say in Iraq that this past election is critical for Iraqi just as the last election was so critical in the U.S. and for the future survival and prosperity of both countries. The parallels of the US politics to Iraqi politics are uncanny, almost scary how we could have lost both countries to the dark side. It is not hard to see some entity behind the scenes orchestrating these events for the betterment of mankind. Could it be God’s Hand?

New details have emerged about the talks for selecting a prime minister, and this is the American position. Former MP, Abdul Hadi Al-Saadawi, revealed new details about the coordination framework talks for selecting the next prime minister, clarifying the American position on the new government. I do not know what will happen about all these Iranians who won so many seats in the election. We are still waiting to hear how the U.S. wants to handle this issue. More than likely, the dual passports and citizenship issue will arise and may eliminate them from politics. The second runners-up, if not Iranian, may take the seat.

As far as the prime minister, I strongly feel that al-Sudani will be continue for a second term. There will be objections, appeals and petitions to stop him especially from the Coordination Framework, just as there are elements still trying to stop president Trump from running, then from being elected and now even once he took office. So, what plans will be made to remove the militia troops on the ground still has to be worked out. The CBI is waiting news from US Special Envoy Mark Savaya and the US Ambassador. Again, remember that the CBI has worked and is still working in tandem behind the scenes and  ahead of the GOI so the GOI has to catch up. There has to be a balance of politics with the financial reforms occurring.

Having read my RV Status for this period when do you think the RV will happen?

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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

“Your Intelligence Community Is Being Shaken Like Never Before”

You can start watching the video at the 13:38 mark.  From Nov29th.       

“Martial Law Must Take Place To Free Your Nation”

You can start watching the video at the 16:14 mark.  From Nov 16th.

Martial law is the replacement of civilian government by military rule and the suspension of civilian legal processes for military powers. Martial law can continue for a specified amount of time, or indefinitely, and standard civil liberties may be suspended for as long as martial law continues. Most often, martial law is declared in times of war or emergencies such as civil unrest and natural disasters. Alternatively, martial law may be declared in instances of military coups d’état.

Martial law is how the government gets to military tribunals we have been hearing about for the past 10-20 years of prophecies. God is telling us now through Julie Green that these will be necessary as our current court system is dysfunctional. These tribunals will be WWII Nuremburg style courts set for this purpose. They will rule on cases and hand down sentences. This corruption has been going on in our government all way too long as they protect each other, accept bribes and give death threats and so it is even hard to get justice. This will be necessary because of all the corruption that is within the justice system of the district courts. It is hard to get a fair trial. It’s coming and so be prepared mentally when you see it. We recently witnessed the crossing of the red line with the six democrats outright telling the military members to mutiny. Why? It’s because they know that martial law is coming. Get it? This should be yet another sign of proof to you of what I know to be true.

We are not to be fearful as this will NOT be a total shutdown of the nation like for COVID. Things will basically go on as normal daily life, however there will be a seed of martial law within the justice system of the government. It will be announced and televised. These court cases will be on TV daily. Glenn Beck does a good job of explaining it.

KIM CLEMENT WARNED THIS WOULD HAPPEN IN NEW YORK

SURPRISE! SURPRISE! HALF OF MINNESOTA VISAS ARE ‘FRAUDULENT’

LEAKED VIDEO OF ILHAN OMAR FUND RAISING RALLY RAISES SERIOUS QUESTIONS

What country is she really loyal to? Is it the U.S. or Somalia? Was Trump right?

This video should scare the pants off of everyone. Who the hell do these people think they are? Look carefully as Omar is beside him smiling and supports at what he says. This is her fund-raising rally.

FINALLY, JANUARY 6 PIPE BOMB SUSPECT IS IDENTIFIED

He admits to the pipe bomb but tries to implicate Trump followers on that day as crazy people by saying he’s a MAGA follower. They will try anything to implicate Trump and connect him to the violence that took place on Jan 6th.

WHO’S GOING TO LAUGH LAST?

This is despicable! There must be consequences for your actions. This was organized, premeditated theft. Excuses after excuses should not keep you out of prison or from being deported. This is going to blow up. Pay close attention. There are many more of these scams not yet uncovered all over the country, this is just an example. This is in part how we got to over 36 trillion dollars of national debt, one billion, one trillion at a time.

THE MINNESOTA $1B DOLLAR MONEY SCAM, COULD BE AS MUCH AS $8B

GAO JUST BLEW UP OBAMA’S LEGACY WITH $21B FRAUD

Yes, more fraud again set in motion by the Democrats. So, what is wrong with Obamacare or the “Affordable Care Act”. Is it anything but affordable to you and me? Let’s take a deep dive into this piece of legislation.

For most seniors who paid into the system, can’t even get our fair share of Social Security and here they waist tens of billions on fraud. People who never contributed to society.

Was Trump correct in his first term as president when he tried to cancel Obamacare?

‘THESE PEOPLE OUGHT TO ALL BE PUT IN JAIL!’

The honorable senator Kennedy Goes Nuclear On Minnesota Pols Over Fraud.

TRUMP’S LATEST THREAT TO ILHAN OMAR

This is why they plot against the president and try to get rid of him. Does he tell the TRUTH? Oh… boy does he! Many can’t even decide what is truth and facts anymore from all the lies told.

A LIBERAL DEMOCRAT PREARRANGED NEW NARRATIVE THAT THEY ARE BUILDING SLOWLY AGAINST TRUMP IS BEING BORN. HERE WE GO AGAIN…

The news media is given the new narrative and then the questions to impose in the interview to create the narrative. Yes, the interview is “staged” for the public.

I pray this nasty Mark Kelly is convicted of inciting mutiny among the ranks of the military. And for that matter the other five (5) politicians also.

A PREEMPTIVE STRIKE ON PRESIDENT TRUMP’S AUTHORITY AS COMMANDER AND CHIEF

What is this democrat propaganda trying to prepare America for? Yes, this must be dealt with and not ignored.

Victor Davis Hanson takes is through it for us to understand the TRUTH what these democrats are trying to do. Again, they are desperate and will try anything. This inciting of mutiny to 1.3 million military members must NOT go unanswered. The military chain of command must NOT get political.

Everyone must listen to this video to understand firmly what is going on.

TIM WALZ SPIRALS AND RUNS OFF MSNBC WHEN ASKED ABOUT THE CORRUPTION IN HIS OWN STATE

TRUMP AIMS TO REVOKE BIDEN-ERA PARDONS SIGNED ‘ILLEGALLY’ WITH AUTOPEN

Can president actually do this legally and constitutionally?

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. 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.

THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM

(Mnt Goat: Every week one or more of these types of articles shows up in the recent news from Iraq. Do you think this is important? How will the solve this? T

Central Bank of Iraq

Some types of currency, even less than 10,000 dinars, are not accepted from some banks, so the currency has accumulated among citizens to solve this problem in the latest guidelines of the Central Bank of Iraq, private banks and currency dealers. The Central Bank of Iraq (CBI) has issued new guidelines to deal with all types of Iraqi dinars.  

The 250, 500 and 1000 Iraqi dinars are the least traded in the market, banks and currency dealers’ markets, and in some places are not accepted, so the small amount of money has accumulated among citizens. 

The Central Bank of Iraq (CBI) had earlier said it had a shortage of cash, one of the reasons being the deterioration of the balance between the currencies, so they issued new guidelines and must deal with all types of Iraqi dinars.

Anwar Mousavi, a currency dealer, told Kurdistan24 that there is no problem in providing any kind of money to pay salaries and shop owners must cooperate in the markets.

Iraq spends about 7 trillion dinars monthly on salaries, the central bank said by the 10th of each month to end the transaction of the money in the markets, about 15 trillion dinars are withheld by citizens.

Economist Haider Sheikh said the central bank wants to solve the cash problem and eliminate the excuse of currency in transactions, so government offices and private banks have instructed to receive all kinds of money, because the money paid for salaries will not be in the market.

Previously, currency dealers and even some private banks accepted bills against the dollar at less than their value, but according to the new guidelines, bills will be accepted at the same value even if they are torn or old.

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THE IRAQI AND AMERICAN FOREIGN MINISTERS DISCUSS GOVERNMENT FORMATION AND REVIEW REGIONAL CHALLENGES.

Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein discussed with US Deputy Secretary of State Michael Regas on Tuesday joint cooperation in various political, economic and security fields and the regional and international challenges facing the region. While stressing the need to expedite the formation of the federal government, Hussein called for a review of travel warnings to Iraq.

This came during Fuad Hussein’s reception of the US Deputy Secretary of State in Baghdad, where the meeting discussed ways to strengthen bilateral relations between Iraq and the United States, and to follow up on frameworks for joint cooperation in various political, economic and security fields.

According to a statement issued by the Iraqi Ministry of Foreign Affairs and received by Shafaq News Agency, the meeting included a review of “regional and international challenges facing the region, including efforts to achieve stability, the need to support dialogue, with a focus on the situation in Syria and Iran, and the importance of working to reduce tension and build understanding to enhance security and stability in the region.”

Hussein emphasized the importance of de-escalating regional tensions, stressing Iraq’s role in supporting stability efforts. He also reviewed the political developments following the elections.

He stressed “the need to expedite the formation of the federal government in accordance with constitutional timelines, while taking into account the balance between political forces to ensure the regularity of the democratic process and the activation of parliament and government, in a way that contributes to the efficient and effective implementation of government programs.”

Hussein also praised the positive atmosphere that prevailed during the elections and the high voter turnout, stressing the importance of continued political stability in the country.

He pointed to the imminent opening of the US consulate in Erbil, and what it represents in terms of strengthening diplomatic cooperation between the two countries, while stressing the need to reopen the US consulate in Basra Governorate.

Hussein stressed the importance of “continued coordination between Iraq and the United States, and continued cooperation in the areas of economy, infrastructure and investment, in order to promote development and support the return of American companies to invest in Iraq.”

He also called for a review of travel warnings to Iraq, given the security stability the country is experiencing, and for facilitating investment opportunities.

For his part, Michael Regas expressed the United States’ appreciation for the progress Iraq has made in promoting stability and security, stressing his country’s support for efforts in this area.

He pointed to the importance of continued regional and international coordination to address economic, political and security challenges, stressing the importance of working within a positive bilateral relationship with the Iraqi government.

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WASHINGTON CALLS ON BAGHDAD TO DISMANTLE “IRANIAN MILITIAS” AND AFFIRMS ITS COMMITMENT TO WORKING WITH IRAQ.

US Deputy Secretary of State Michael Regas called on Iraq on Wednesday to dismantle “Iranian militias” that are causing instability in the region and harming Iraqis, stressing in a speech during the opening of the new US consulate building in Erbil that his country is committed to working closely with Iraqi partners on common interests.

Statements by US Deputy Secretary of State Michael Regas during the opening of the new US consulate building in Erbil:

The United States is committed to working closely with Iraqi partners on their shared interests in ensuring Iraq’s sovereignty, combating terrorism, and also bringing about stability and strengthening the economic relationship.

Of course, the Iraqi Kurdistan region is stable and secure, and the opening of the consulate is an extension of the relationship between the region and the United States over time, and a fruitful dialogue about proactive steps to reduce any conflicts.

We encourage Iraqis and Kurds to dismantle the Iranian militias that destabilize the region and harm Iraqis. That’s why, last week when the gas field was attacked, President Trump prioritized trade despite the conflict. That’s why we support American companies in Iraq and see the Kurdistan Region of Iraq as a dynamic entry point for American businesses into the Iraqi market.

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THE US EMBASSY IN BAGHDAD: WE ARE COORDINATING WITH KURDISTAN AGAINST “MALICIOUS” ENTITIES TARGETING IRAQ’S STABILITY.

The US Embassy in Baghdad announced a meeting between the embassy’s senior defense official and officials from the Kurdistan Region’s Ministry of Interior and the Peshmerga, to coordinate against “malicious” entities targeting Iraq’s stability and infrastructure.

 
This comes after the Kormor gas field in Sulaymaniyah province was subjected to a “terrorist” attack at the end of last month, and security investigations led by the Iraqi authorities yesterday revealed that it was carried out by two drones by “outlaw” groups.

The US Embassy in Baghdad stated in a short blog post on its official X platform on Thursday, December 4, 2025, that “Senior Defense Official, Colonel Bagley, met with senior officials in the Ministry of Interior and the Peshmerga forces in the Kurdistan Regional Government of Iraq to enhance coordination against malicious actors targeting Iraq’s stability and vital infrastructure,” stressing that “the United States remains committed to supporting security efforts and strengthening Iraq’s sovereignty.”

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THE ADVANCE CUSTOMS DECLARATION COMES INTO EFFECT

(Mnt Goat: Looks like no more “hanky-panky” in falsifying documents for imports in order to get dollars. 😊 This should really help in the cause to shut down the parallel market. )

The decision to activate the system of prior customs declarations will come into effect starting today, Monday, in a step that is considered pivotal to regulating trade, controlling the market and preventing the disruptions that accompany import operations, as well as its role in protecting the local product and enhancing the confidence of the private sector and citizens in the integrity of the procedures.

This system represents an essential tool for tightening control over the entry of goods, as it requires the submission of the advance customs declaration issued by the ASYCUDA system, including the rapid access code (QR), via the OR platform within the validity of issuance system, along with the final commercial documents that include the declaration number, a final commercial contract or invoice with the total value, a description of the materials, their quantities, the country of origin and shipping, the name of the exporter and importer, the border crossing, the chassis number for cars, the name and code of the importing bank and company, and the data of the clearing agent.

The decision also requires that no external transfer be carried out by banks unless they are provided with the prior customs declaration and accompanying documents, and obliges them to include the declaration number in the transfer system (SWIFT) instead of the previous data, which makes the declaration a “passport” for any commercial transfer.

Economic expert Khaled Al-Jabri told Al-Sabah that “regulating the market begins with accurately controlling import and export operations, and knowing the nature of the goods entering and leaving and the entities that own them.”

He added that in order for the advance customs declaration to play its true role, the legislative framework needs to be updated through a new tax law and a clearer companies law, in addition to regulating the labor law and commercial agencies. 

Dollar transfers

The spokesperson pointed out that this regulation should be accompanied by clear oversight of dollar transfers to prevent any ambiguity that could negatively affect market stability.

Al-Jabri explained that these measures will determine the routes of commercial transfers and control border crossings and customs revenues, which gives regulatory institutions greater ability to follow up and enhances the confidence of the private sector and citizens in the integrity of the procedures, warning that the continuation of chaos keeps the door open for manipulation, while precise regulation constitutes an essential step towards a more stable market.

Updating the commercial register

Al-Jabri addressed the phenomenon known as “burned companies” and said: Registering alternative companies to escape accountability is a practice that must end in conjunction with cleaning up and updating the commercial register.

He pointed out that eliminating this method will reduce evasion and enhance legal accountability, stressing the need to impose strict controls on importers and adopt precise specifications that ensure the entry of compliant goods and enhance transparency and smoothness in the market.

Clear customs system

For his part, industrial development consultant Amer Al-Jawahiri believes that the advance customs declaration represents a new method for regulating financial movement, and it should be applied in all of Iraq’s ports without exception. 

He pointed out that the success of this step is linked to providing accurate pricing at the ports, which ensures a clear customs system that reduces cases of illicit enrichment. 

Al-Jawahiri stated that the application of this system must be based on modern digital means that ensure the accuracy of the procedures, indicating that the evaluation of its results will be clearer after a period of its application.

Adjusting procedures

It is worth noting that the pre-declaration system will be implemented gradually starting from the first of this month, initially applying mandatorily to a range of goods including gold, cars, electrical appliances, and mobile phones, with the aim of expanding its application to all goods by the beginning of next year. This system is expected to streamline customs procedures, regulate imports, and provide accurate statistics to inform import policy.

Post-check

The advance declaration is also expected to become a passport for financial transfers, which will facilitate subsequent auditing and reveal cases of inflated invoices that some importers previously resorted to. The regulatory bodies will perform the matching according to digital mechanisms that were prepared in advance for this purpose, in addition to the oversight carried out by the Border Ports Authority and the newly established auditing centers in the Customs Authority.

In light of these measures, observers predict that the coming period will witness the establishment of new companies or the entry of others into the field of banking transfers, in an attempt to escape the violations that befell what is known as the “burned companies”.

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TRUMP IS THE HERO OF THE BAGHDAD STREET… IRAQIS TELL RUDAW: WE AWAIT THE US PRESIDENT’S DECISION

 In Baghdad, the most talked-about topic is the selection of the next prime minister. At the same time, citizens are not optimistic about the choices made by the Coordination Framework, believing that it “will nominate one of its members or someone close to it, who will be no different from his predecessors.” These are the prevailing opinions we heard from Iraqis here in the capital, Baghdad.
 
Rudaw Media Network surveyed the opinions of some Baghdad residents from various professions about their expectations regarding the new head of government. It became clear that US President Donald Trump is the “hero of the street,” and that they are waiting for his decisions and actions to intervene this time to choose “a just, honest, and strong prime minister who will resolve most of the outstanding issues.”
  
I met Raeda Faleh, a retiree, at the Iraq International Book Fair. She was the one who initiated the conversation after learning I was a journalist, asking in her colloquial Iraqi dialect, “Who will become prime minister?” I replied, “I don’t know. What do you expect?” She fell silent, then replied despairingly, “I don’t expect anyone better than the previous ones. They’re all the same… the same mindset… the same corruption. And now we hear news about the government not having any money, and we retirees and other employees are worried about our daily lives. I worked for the government for almost 30 years, and today I receive a pension that barely covers my basic needs, 750,000 dinars, while a member of parliament works for less than three years, makes deals, takes all the perks, and then retires with an astronomical pension. Where is the justice? Where is their concern for the people?” She finished her remarks as she left, again in colloquial Arabic, “I’m going to look for a useful book… politics is a headache and a real headache.”

(Mnt Goat: Sounds like Congress and the Senate in the U.S. .. ☹ )
 
But Hussam Mustafa, a 27-year-old barber in the Karrada district, was more enthusiastic about US President Trump. He spoke while expertly wielding his scissors, saying, “Uncle Trump will come and change everything.

I’m optimistic about his statements and decisions.” I said, “Trump is the president of the United States, not the president of Iraq. Iraqis are the ones who should choose their prime minister and cabinet members.” He replied, “Iraq has waited for years, and a suitable prime minister hasn’t been chosen.”

He added, “I support al-Sudani staying. He has accomplished a lot, and he’s a humble man. A few weeks ago, he came for a walk here in Karrada, sat in a café (a coffee shop with a book), and talked with people. I was standing there listening to him. This hasn’t happened with any other senior Iraqi official.

(Again…. This sounds like Trump again….😊 )

He received the most votes, and my family and I voted for him in the elections. Why shouldn’t he stay in his position?” He pointed out that “Trump is with al-Sudani, and I think he’ll stay for a second term.”

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THE REGIONAL GOVERNMENT’S PRESIDENT: WE SUPPORT TRUMP’S POLICY OF ACHIEVING PEACE THROUGH STRENGTH.

On Thursday, the Prime Minister of the Kurdistan Region, Masrour Barzani, expressed the region’s support for US President Donald Trump’s policy of achieving peace through strength, while stating that the new US consulate in Erbil is a “stronghold “.

During his speech at the opening ceremony of the new US consulate building in Erbil, Barzani said, “This US consulate in Erbil is like a mountain and an impregnable fortress in Kurdistan,” explaining that “the United States stood with the Kurdistan Region during difficult times and provided support and assistance in building this country in which we live, and we fully support the policy of US President Donald Trump, which says peace through strength .”

He emphasized, “Working with the United States and also working with Baghdad,” explaining that “at the moment we are facing the formation of the new government in Iraq, we aspire to form a government that meets the aspirations of the people and solves the problems and crises.”

The United States opened its largest consulate in Erbil, in the presence of political and diplomatic figures.

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WASHINGTON IS CONSIDERING “FORTIFYING” KURDISTAN’S AIRSPACE… AND TRUMP: STRIKING TEHRAN’S NUCLEAR PROGRAM CHANGED IRAQ’S DIRECTION.

US President Donald Trump announced that he is considering the request submitted by the Kurdistan Region to supply it with an air defense system, noting that Iraq’s position towards Washington has completely changed and become more friendly, following the targeting of the Iranian nuclear infrastructure at the beginning of this year.

In remarks to reporters from the White House on Tuesday, December 2, 2025, President Trump said regarding supplying the Kurdistan Region with an air defense system: “We are thinking about it. This issue was not among our priorities previously, but we are hearing about it increasingly now.”

Trump added: “The situation in Iraq is completely different from what it was before we destroyed Iran’s nuclear capabilities, and relations have undergone major transformations.”

The US president noted the decline in the “fear factor” surrounding Iran and its significant diminished prestige, asserting that it no longer plays that dominant role. He explained, “Previously, Iran played the role of the main threat in the Middle East, and Iraq was being oppressed by Tehran.”

Trump stressed that following the US attacks on Iranian nuclear facilities, Iraq became more open to dialogue with Washington and showed a greater willingness to reach an understanding.

He continued, saying: “Iraq nominated me for the Nobel Prize, which is a great honor that we did not expect from the Iraqi side.”

The US president also criticized his country’s past policies, saying: “We had a former president who thought invading Iraq was a very smart idea; we invaded, and suddenly, instead of having a counterbalance to Iran, Tehran ended up dominating the Middle East for a long time.”

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AL-SUDANI: SINCE ASSUMING RESPONSIBILITY, I HAVE BEEN KEEN TO BUILD FRIENDSHIPS THAT SERVE IRAQ.

Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday his commitment to building friendships that serve Iraq since assuming responsibility.  

In a brief tweet, Al-Sudani said, “Since assuming responsibility, I have been keen to build friendships that serve Iraq. I realized from the beginning that friendships, not enmity, are what guarantee the stability, growth, and prosperity of our country,” concluding the tweet with “Iraq first.” 

Al-Sudani concluded his tweet with the phrase “Iraq first”. 

(Oh….Oh…. Al-Sudani sounds like Trump now!😊 )

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THE CENTRAL BANK REASSURES: COMPREHENSIVE REFORMS AND A SWIFT RETURN OF BANKS DEPRIVED OF DOLLARS.

The Central Bank of Iraq reassured the public on Tuesday (December 2, 2025) regarding the ongoing banking reforms, stressing that rebuilding the banking sector is the main pillar of its work at the present stage, during a session attended by a number of experts and specialists.

The bank said in its statement, received by “Baghdad Today”, that its governor, Ali Mohsen Al-Alaq, presented an extensive proposal for the reform plan, explaining that the contract with Oliver Wyman came after the restrictions imposed on a number of banks dealing in dollars, with the aim of implementing comprehensive reforms that ensure their compliance with international standards, noting that there are assurances that those banks will return to their normal environment after the completion of the reform stages.

The statement added that all Iraqi banks have signed the reform document, indicating that compliant banks will be granted the ability to deal in other currencies in gradual steps, while confirming that international bodies are directly monitoring the progress of work on this file.

He added that the digital dinar project is still under implementation and requires time and integrated infrastructure before it can be officially launched.

The bank noted that Al-Alaq reiterated the commitment to maintaining overall price stability by fixing the exchange rate and keeping inflation at low levels, warning that reducing the dinar’s exchange rate would have negative repercussions on low-income groups and weaken confidence in the national currency.

The statement concluded by stressing the need to avoid using the exchange rate as a tool to address the structural deficit, emphasizing the need for structural reforms to maximize revenues, control expenditures, and diversify the economy, while supporting the government’s directions in this area.

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SAMIR AL-NASSIRI: THE BANKING REFORM PLAN IS BEING IMPLEMENTED SUCCESSFULLY ACCORDING TO ITS TIMETABLE.

Banking consultant and expert Samir Al-Nassiri confirmed that the Central Bank, Oliver Wyman, and other banks are continuing to implement the standards of the banking reform plan in partnership and daily coordination, according to the plan’s timeline, which was launched on April 7, 2025.

The Central Bank published the project implementation mechanisms and the banks signed an agreement to comply with the plan. Preparations are now underway to launch the first evaluation cycle during the first quarter of 2026.

The procedures and efforts undertaken by the Central Bank of Iraq, in cooperation and consultation with the consulting firm and private banks, have resulted in tangible steps during the current quarter in facilitating the implementation of the objectives, programs, mechanisms and standards of the comprehensive banking reform project, within the framework of implementing the Central Bank’s third strategy.

He explained that the main objective of this project is to build a sound, modern, comprehensive and flexible banking sector that contributes to achieving rapid growth in the national economy, a cumulative increase in GDP, and enhancing the market value of the banking sector.

 Al-Nassiri pointed out that economic reform begins with banking reform, explaining that the challenges facing the Iraqi economy simultaneously present significant opportunities to reform and develop the banking and financial sector, in line with the government’s program and the Central Bank’s future vision. He added that the banking sector will play a pivotal role in achieving sustainable development and attracting investments, as well as supporting ongoing efforts to activate non-oil productive sectors with the aim of diversifying national income sources and ensuring financial sustainability and balanced economic growth.

 Al-Nassiri explained that the role of the Central Bank is also embodied in regulating the financing of foreign trade and implementing infrastructure projects related to comprehensive digital transformation, in addition to expanding the use of electronic payment tools in a way that enhances the achievement of financial inclusion.

 He stressed that these efforts will contribute to providing real opportunities for reforming, developing and empowering the private banking sector during the period 2025–2028, through a set of key objectives, most notably:

* Developing the Iraqi banking system to keep pace with internationally approved banking and accounting standards.

* Building a sound, modern, comprehensive and flexible banking sector capable of adapting to economic changes.

* To enhance citizens’ confidence in the local banking sector and achieve international recognition of its transparency, progress, and commitment to international standards, thereby strengthening the confidence of global correspondent banks in dealing with it.

* Rehabilitating restricted or weakly active banks to enable them to return to the banking market with their full internal and external activities.

* Refocusing the role of banks on their core function of financing and lending for development, while promoting financial inclusion and increasing its rate in accordance with the established plans.

* To promote the transition from a cash economy to a digital economy by attracting funds circulating outside the banking system, which represent about 90% of the money supply, and bringing them into the formal banking cycle.

Al-Nassiri explained that although the period specified for their implementation according to the banking reform project and the Central Bank’s strategy extends to three years, what was achieved during the years 2023, 2024 and 2025 is considered an important achievement, as solid foundations and rules were built that formed the main pillar for the desired reform path.

He added that these achievements will contribute to the process of evaluating and classifying Iraqi banks based on the extent to which they achieve the goals set within the banking reform project, in accordance with the approved international standards and criteria.

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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

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:

December 4, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. The road to the RV.

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 9:10

“Now he who supplies seed to the Sower and bread for food will also supply and increase your store of seed and will enlarge the harvest of your righteousness”

STATUS OF THE RV

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No! There is no RV or Reinstatement of the Iraqi dinar yet. There are NO newer smaller category notes issued or pictures even shown to anyone yet by the CBI and that includes the 10 and 50 categories. This is per my CBI contact.

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 so let the FACTS speak for themselves.  

If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is early December and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

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I wish I could tell everyone to go to the bank and exchange your dinar today, but this is simply not going to be the case. We must realize that the CBI is working on one track, the GOI on another, and some can even say Kurdistan on yet another. So, let’s explore each track and learn more today how close we are to the RV.

I need everyone to listen carefully to the introduction AUDIO when you clicked on the blog today. It plays automatically.

We are not yet out of the proverbial ‘dog haus’ yet with this RV. All the messages we are getting from the CBI now tell us that January 2026 is still a target for the reinstatement. I have some doubts but they are still insistent. I try not to let this news prejudice me too much as I like to see all of it backed up with more evidence. Yes, there is evidence too but there are also issues that must be worked out for the U.S. to allow it to progress. There are security concerns with Iran, but we all already know this, don’t we? You can refresh yourself on the list of the five issues in the September 16th Newsletter. So, what is the current news? Once again it evolves around these five (5) issues. Surprise! Surprise!

New details have emerged about the framework talks for selecting a prime minister, and this is the American position. Former MP, Abdul Hadi Al-Saadawi, revealed new details about the coordination framework talks for selecting the next prime minister, clarifying the American position on the new government.

Al-Saadawi said, during his appearance on the “Free Talk” program on Al-Furat satellite channel, that: “The regional and international situation is putting pressure on Iraq, especially since the next government is different from its predecessors as a result of political agreements, despite the relative calm in the scene.”

He explained that “political agreements are proceeding as agreed, and there are no fundamental disagreements, and the candidate for the premiership will be from the coordination framework without putting forward a consensus president or a candidate from a small bloc,” indicating that “six names have been submitted so far, but Mohammed Shia al-Sudani has the greatest chance for a second term.”

Raise the official rate of the dinar?

Once again, I want to come on and explain what it really means when there are numerous recent news articles on this subject matter of “increasing the rate of the dinar”. What they are currently talking about we don’t want. Get it? They literally mean to increase the official rate from 1320 to 1400+ which is a devaluation not a revaluation. When Mohammed Saleh, the prime minister’s financial advisor speaks I listen.

Here is the TRUTH of what is going on: The recent rise in Iraq’s parallel-market dollar rate is a temporary fluctuation driven by rumor-based “colored noise,” not a sign of structural pressure on the dinar, Saleh, said on Wednesday. Speaking with Shafaq News, Saleh explained that distorted information circulating in informal channels triggered short-term speculative behavior. Such volatility, he noted, often intensifies during transitional periods, including the post-election phase and the government’s move toward stricter customs governance and digital tracking systems meant to align trade procedures with global standards. So, I just wanted to warn everyone when seeing these articles. There are notorious people trying to manipulate the dinar in a bad way. Go figure!

You might want to peek at the recent article titled “THE US EMBASSY IN BAGHDAD: WE ARE COORDINATING WITH KURDISTAN AGAINST “MALICIOUS” ENTITIES TARGETING IRAQ’S STABILITY” in the Articles Section.

This does not exclude the revaluation we are looking for coming soon, and in fact it supports it, since the dinar is not losing value. There are just a few more hurdles Iraq must get over. Yes, there are structural issues that need to be addressed not financial or debt issues within Iraq and the CBI has made this very clear on many recent occasions. Oh… glad I clarified this from all the bullshit out there😊 .

So, the U.S. ambassador is now in Iraq and the U.S. president’s envoy Savoy is due to arrive soon. What will they talk about? Seems to me this should already be utmost on the minds of all my readers of what they will be talking about as it is going to be about the demands of the U.S. for security concerns with the Iranian backed militias still stationed in Iraq. The message is still the same – get them the hell out of Iraq! I know I am being a bit dramatic but that is basically the message and I can even hear president Trump saying these exact words. How are U.S. companies or even western tourists going to come to Iraq and see Iranian armed forces walking the streets. Or even worst pass by Iran held military bases.

Let’s take a peek at one specific article titled “THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM“. In the article it says and I quote – “the 250, 500 and 1000 Iraqi dinars are the least traded in the market, banks and currency dealers’ markets, and in some places are not accepted, so the small amount of money has accumulated among citizens. ” Why did the CBI concentrate so much on pushing out these lower denominations over the last decade? They did this to prevent inflation as these notes can be used to make change for the larger three zero notes when making a store purchase. If they can’t make change then the cost of the sale goes up beyond the true value of the object. This causes inflation. Look at the same way in the western world if we didn’t have coins or smaller denominations and only used 50 and 100 dollar bills. How would the stores make change? Iraq only survives mostly today because of the pressure for direct deposit of salaries forced on them by the govt and the use of the debt card for purchases. Yes, Iraqis are learning the convenience of the using the cards as in the western economies. It has taken hold. But now how do you collect these 1000, 500 and 250 notes since the citizens are using debt cards and forget about these rolls of lower notes at home? Has the situation even worsened now?

Like you and me might do someday, when our can of pocket change gets too high, we roll the coins and take them to the bank.

The problem arises in that when these lower notes then accumulate in the hands of the shopper, the merchants also don’t want these rolls of these lower denominations from the consumer to purchase items or the citizen simply does not want to carry these large rolls of bills around with them to shop. What do they do then?

They just stash them at home somewhere and forget about them just as you and I would throw coins in a jar from our pockets when we arrived home from shopping, and forget about them. Remember that the 1000 dinar is like a 1 dinar note the 500 is like a 50 fils piece and the 250 is like a 25 fils or a quarter of a 1000 note. So, after decades of this collection, like our large jars of coins, the Iraqis too have large piles of these smaller notes laying around. Overtime most merchants can’t be bothered or don’t want to deal with them even since they are liking the electronic point of sale machines. Who can be bothered with all these lower notes? Yes, this is at the heart of the issue why the citizens have not yet deposited this money in the banks. This always goes back to the point of raising the value of the dinar and who wants these lower denominations without it.

What is the CBI going to do to try to bring in these notes to the bank?

It is not a matter of just the citizen having these stashes at home but also the merchant’s refusal to take these notes on a sale. They prefer the electronic sales or the larger three zero notes. So, the Central Bank of Iraq (CBI) had earlier said it had a shortage of cash, one of the reasons being the deterioration of the balance between the currencies, so they recently issued new guidelines and all merchants must deal with all types of Iraqi dinar denominations. Let’s see if this new strategy works…. I am skeptical it will not fix it… lol..lol..lol.. The CBI has to raise the rate of the dinar to incentive the citizens to act. Why should they do it now?

What does the “deterioration of balance” mean?

It means that the distribution of notes between the many dinar denominations of out of balance as far as being in circulation. The hordes of notes in the homes or businesses creates this situation. Yes, they are technically still in circulation and part of the monetar mass but out of circulation as far as the banks are concerned. This causes the lack of liquidity issue. This money is not available to anyone.

😊I really like this article titled “THE CENTRAL BANK REASSURES: COMPREHENSIVE REFORMS AND A SWIFT RETURN OF BANKS DEPRIVED OF DOLLARS.” It is telling us that soon the banking reform project will conclude and things may get back to normal, but the new norm. Remember that this was one layer of dollars supporting the parallel black market.

Update on the Iraqi election cycle:

What we do know for damn sure is that there is not going to be a reinstatement of the dinar unless they have a stable government in place. Some say that the caretaker government is a stable government much like the US president newly elected in November does not take office until January. There is a continuity of government until that time. So, Iraq has the same. Al-Sudani is the still the prime minister until a new minister is appointed. The question is will he serve a second term not that they are without a leader. The real problem arises when it takes too long to decide the top three govt positions is that parliament is suspended during the election, meaning no legislation can be decided.

So far with all the ‘real” news from Iraq such as in the articles titled ” TRUMP IS THE HERO OF THE BAGHDAD STREET… IRAQIS TELL RUDAW: WE AWAIT THE US PRESIDENT’S DECISION” we can see that the US president Trump favors Al-Sudani. Why would he not? Just look at the progress. Also the fact he won the popular vote. In the news we find that the citizens are not optimistic about the choices made by the Coordination Framework, believing that it “will nominate one of its members or someone close to it, who will be no different from al-Sudani’s predecessors. These are the prevailing opinions we heard from Iraqis here in the capital, Baghdad. Rudaw Media Network surveyed the opinions of some Baghdad residents from various professions about their expectations regarding the new head of government. It became clear that US President Donald Trump is the “hero of the street,” and that they are waiting for his decisions and actions to intervene this time to choose “a just, honest, and strong prime minister who will resolve most of the outstanding issues.
  
Then govt official retires with an astronomical pension. Where is the justice? Where is their concern for the people? Seems the Trump movement from America is moving to the middle east…. 😊 I think everyone knows exactly what I mean and what the Iraqi people mean in the article. They give examples of a few families and their hardships. Folks this has to change in Iraq and in the U.S. The politicians by nature of their control get paid way too much, way too many benefits and perks at the expense of the average person and their welfare. Do they really go into politics to serves or to get rich?

😊In the article titled “MS ITS COMMITMENT TO WORKING WITH IRAQ” we find that US Deputy Secretary of State Michael Regas called on Iraq on Wednesday to dismantle “Iranian militias” that are causing instability in the region and harming Iraqis, stressing in a speech during the opening of the new US consulate building in Erbil that his country is committed to working closely with Iraqi partners on common interests. “We encourage Iraqis and Kurds to dismantle the Iranian militias that destabilize the region and harm Iraqis“. I am afraid the U.S. is not going to let this issue slide.

😊In the article titled ” THE REGIONAL GOVERNMENT’S PRESIDENT: WE SUPPORT TRUMP’S POLICY OF ACHIEVING PEACE THROUGH STRENGTH.” On Thursday, the Prime Minister of the Kurdistan Region, Masrour Barzani, expressed the region’s support for US President Donald Trump’s policy of achieving peace through strength, while stating that the new US consulate in Erbil is a “strong hold”.

😊In the following article we learn that there is a timetable to complete the Banking Reform Plan. Is this timetable January 1, 2026? There is cause to believe it is since they talked about having all the banks private and public implemented on the plan by this period. Coincidental? See article titled “SAMIR AL-NASSIRI: THE BANKING REFORM PLAN IS BEING IMPLEMENTED SUCCESSFULLY ACCORDING TO ITS TIMETABLE.” Banking consultant and expert Samir Al-Nassiri confirmed that the Central Bank, Oliver Wyman, and other banks are continuing to implement the standards of the banking reform plan in partnership and daily coordination, according to the plan’s timeline, which was launched on April 7, 2025.

Yet more proof of a timetable is this article titled “THE CENTRAL BANK REASSURES: COMPREHENSIVE REFORMS AND A SWIFT RETURN OF BANKS DEPRIVED OF DOLLARS.” In the article the CBI says “with the aim of implementing comprehensive reforms that ensure their compliance with international standards, noting that there are assurances that those banks will return to their normal environment after the completion of the reform stages.

The statement added that all Iraqi banks have signed the reform document, indicating that compliant banks will be granted the ability to deal in other currencies in gradual steps, while confirming that international bodies are directly monitoring the progress of work on this file. He added that the digital dinar project is still under implementation and requires time and integrated infrastructure before it can be officially launched. so, we may or may not see the digital dinar on January 1st.

So here is yet more proof in this article there is NOT going to be a devaluation of the dinar and probably just the opposite in the near future – a revaluation. “The bank noted that Al-Alaq reiterated the commitment to maintaining overall price stability by fixing the exchange rate and keeping inflation at low levels, warning that reducing the dinar’s exchange rate would have negative repercussions on low-income groups and weaken confidence in the national currency.”

Iranian Militias:

I can’t end the RV Status today without reiterating that the Iranian militias are a problem and must be dealt with. Please see recent article titled “WASHINGTON CALLS ON BAGHDAD TO DISMANTLE “IRANIAN MILITIAS” AND AFFIRMS ITS COMMITMENT TO WORKING WITH IRAQ“. However do they need to do all this ‘dismantling’ prior to the reinstatement or just have a solid, agreed upon plan in place? All we can do is pray that this is the case of having a plan in place, committed to and then let the RV go.

Having read my RV Status for this period when do you think the RV will happen?

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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

“Your Intelligence Community Is Being Shaken Like Never Before”

You can start watching the video at the 13:38 mark.  From Nov29th.       

“Martial Law Must Take Place To Free Your Nation”

You can start watching the video at the 16:14 mark.  From Nov 16th.

Martial law is the replacement of civilian government by military rule and the suspension of civilian legal processes for military powers. Martial law can continue for a specified amount of time, or indefinitely, and standard civil liberties may be suspended for as long as martial law continues. Most often, martial law is declared in times of war or emergencies such as civil unrest and natural disasters. Alternatively, martial law may be declared in instances of military coups d’état.

Martial law is how the government gets to military tribunals we have been hearing about for the past 10-20 years of prophecies. God is telling us now through Julie Green that these will be necessary as our current court system is dysfunctional. These tribunals will be WWII Nuremburg style courts set for this purpose. They will rule on cases and hand down sentences. This corruption has been going on in our government all way too long as they protect each other, accept bribes and give death threats and so it is even hard to get justice. This will be necessary because of all the corruption that is within the justice system of the district courts. It is hard to get a fair trial. It’s coming and so be prepared mentally when you see it. We recently witnessed the crossing of the red line with the six democrats outright telling the military members to mutiny. Why? It’s because they know that martial law is coming. Get it? This should be yet another sign of proof to you of what I know to be true.

We are not to be fearful as this will NOT be a total shutdown of the nation like for COVID. Things will basically go on as normal daily life, however there will be a seed of martial law within the justice system of the government. It will be announced and televised. These court cases will be on TV daily. Glenn Beck does a good job of explaining it.

KIM CLEMENT WARNED THIS WOULD HAPPEN IN NEW YORK

UFOS ARE NOT JUST IN OUR IMAGINATION ANYMORE…OR WERE THEY EVER JUST IMAGINARY?

Around 1986 I ran across a prophecy called “Pheonix Rising” by May Summer Rain.

You can go buy it on Amazon.com and read it for yourself and then tell me you too do or don’t see these prophecies happening in real life. You can just comment me on this blog how you feel. It’s is amazing what is happening in this time. So far everything she has documented from the native American woman, from the Chippawa tribe  who gave her the prophecy has come to be. In the prophecies she also talks about UFOs (now renamed to UAP for only God knows why). The prophecy says there will be total exposure of the alien crafts and we may even have an opportunity to go upon and visit one on display.Yes, this is going to be total exposure. I can not give you a firm date and like the IQD RV, only certain people know when this is all going to come all out. But by the current news on this subject it is not hard to determine it is soon, and I mean soon!

Come ‘ on folks this is now national news from a national network. The people interviewed are VERY creditable people. Are you a believe or do you still want to poo poo it? When it happens to you and you see one then what? I actually have a family member who did see a round ship, took actual photos and so I personally know something is not right.

‘THESE PEOPLE OUGHT TO ALL BE PUT IN JAIL!’

The honorable senator Kennedy Goes Nuclear On Minnesota Pols Over Fraud.

TRUMP’S LATEST THREAT TO ILHAN OMAR

This is why they plot against the president and try to get rid of him. Does he tell the TRUTH? Oh… boy does he! Many can’t even decide what is truth and facts anymore from all the lies told.

A LIBERAL DEMOCRAT PREARRANGED NEW NARRATIVE THAT THEY ARE BUILDING SLOWLY AGAINST TRUMP IS BEING BORN. HERE WE GO AGAIN…

The news media is given the new narrative and then the questions to impose in the interview to create the narrative. Yes, the interview is “staged” for the public.

I pray this nasty Mark Kelly is convicted of inciting mutiny among the ranks of the military. And for that matter the other five (5) politicians also.

A PREEMPTIVE STRIKE ON PRESIDENT TRUMP’S AUTHORITY AS COMMANDER AND CHIEF

What is this democrat propaganda trying to prepare America for? Yes, this must be dealt with and not ignored.

Victor Davis Hanson takes is through it for us to understand the TRUTH what these democrats are trying to do. Again, they are desperate and will try anything. This inciting of mutiny to 1.3 million military members must NOT go unanswered. The military chain of command must NOT get political.

Everyone must listen to this video to understand firmly what is going on.

TIM WALZ SPIRALS AND RUNS OFF MSNBC WHEN ASKED ABOUT THE CORRUPTION IN HIS OWN STATE

TRUMP AIMS TO REVOKE BIDEN-ERA PARDONS SIGNED ‘ILLEGALLY’ WITH AUTOPEN

Can president actually do this legally and constitutionally?

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. 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.

THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM

(Mnt Goat: Every week one or more of these types of articles shows up in the recent news from Iraq. Do you think this is important? How will the solve this? T

Central Bank of Iraq

Some types of currency, even less than 10,000 dinars, are not accepted from some banks, so the currency has accumulated among citizens to solve this problem in the latest guidelines of the Central Bank of Iraq, private banks and currency dealers. The Central Bank of Iraq (CBI) has issued new guidelines to deal with all types of Iraqi dinars.  

The 250, 500 and 1000 Iraqi dinars are the least traded in the market, banks and currency dealers’ markets, and in some places are not accepted, so the small amount of money has accumulated among citizens. 

The Central Bank of Iraq (CBI) had earlier said it had a shortage of cash, one of the reasons being the deterioration of the balance between the currencies, so they issued new guidelines and must deal with all types of Iraqi dinars.

Anwar Mousavi, a currency dealer, told Kurdistan24 that there is no problem in providing any kind of money to pay salaries and shop owners must cooperate in the markets.

Iraq spends about 7 trillion dinars monthly on salaries, the central bank said by the 10th of each month to end the transaction of the money in the markets, about 15 trillion dinars are withheld by citizens.

Economist Haider Sheikh said the central bank wants to solve the cash problem and eliminate the excuse of currency in transactions, so government offices and private banks have instructed to receive all kinds of money, because the money paid for salaries will not be in the market.

Previously, currency dealers and even some private banks accepted bills against the dollar at less than their value, but according to the new guidelines, bills will be accepted at the same value even if they are torn or old.

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THE IRAQI AND AMERICAN FOREIGN MINISTERS DISCUSS GOVERNMENT FORMATION AND REVIEW REGIONAL CHALLENGES.

Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein discussed with US Deputy Secretary of State Michael Regas on Tuesday joint cooperation in various political, economic and security fields and the regional and international challenges facing the region. While stressing the need to expedite the formation of the federal government, Hussein called for a review of travel warnings to Iraq.

This came during Fuad Hussein’s reception of the US Deputy Secretary of State in Baghdad, where the meeting discussed ways to strengthen bilateral relations between Iraq and the United States, and to follow up on frameworks for joint cooperation in various political, economic and security fields.

According to a statement issued by the Iraqi Ministry of Foreign Affairs and received by Shafaq News Agency, the meeting included a review of “regional and international challenges facing the region, including efforts to achieve stability, the need to support dialogue, with a focus on the situation in Syria and Iran, and the importance of working to reduce tension and build understanding to enhance security and stability in the region.”

Hussein emphasized the importance of de-escalating regional tensions, stressing Iraq’s role in supporting stability efforts. He also reviewed the political developments following the elections.

He stressed “the need to expedite the formation of the federal government in accordance with constitutional timelines, while taking into account the balance between political forces to ensure the regularity of the democratic process and the activation of parliament and government, in a way that contributes to the efficient and effective implementation of government programs.”

Hussein also praised the positive atmosphere that prevailed during the elections and the high voter turnout, stressing the importance of continued political stability in the country.

He pointed to the imminent opening of the US consulate in Erbil, and what it represents in terms of strengthening diplomatic cooperation between the two countries, while stressing the need to reopen the US consulate in Basra Governorate.

Hussein stressed the importance of “continued coordination between Iraq and the United States, and continued cooperation in the areas of economy, infrastructure and investment, in order to promote development and support the return of American companies to invest in Iraq.”

He also called for a review of travel warnings to Iraq, given the security stability the country is experiencing, and for facilitating investment opportunities.

For his part, Michael Regas expressed the United States’ appreciation for the progress Iraq has made in promoting stability and security, stressing his country’s support for efforts in this area.

He pointed to the importance of continued regional and international coordination to address economic, political and security challenges, stressing the importance of working within a positive bilateral relationship with the Iraqi government.

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WASHINGTON CALLS ON BAGHDAD TO DISMANTLE “IRANIAN MILITIAS” AND AFFIRMS ITS COMMITMENT TO WORKING WITH IRAQ.

US Deputy Secretary of State Michael Regas called on Iraq on Wednesday to dismantle “Iranian militias” that are causing instability in the region and harming Iraqis, stressing in a speech during the opening of the new US consulate building in Erbil that his country is committed to working closely with Iraqi partners on common interests.

Statements by US Deputy Secretary of State Michael Regas during the opening of the new US consulate building in Erbil:

The United States is committed to working closely with Iraqi partners on their shared interests in ensuring Iraq’s sovereignty, combating terrorism, and also bringing about stability and strengthening the economic relationship.

Of course, the Iraqi Kurdistan region is stable and secure, and the opening of the consulate is an extension of the relationship between the region and the United States over time, and a fruitful dialogue about proactive steps to reduce any conflicts.

We encourage Iraqis and Kurds to dismantle the Iranian militias that destabilize the region and harm Iraqis. That’s why, last week when the gas field was attacked, President Trump prioritized trade despite the conflict. That’s why we support American companies in Iraq and see the Kurdistan Region of Iraq as a dynamic entry point for American businesses into the Iraqi market.

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THE US EMBASSY IN BAGHDAD: WE ARE COORDINATING WITH KURDISTAN AGAINST “MALICIOUS” ENTITIES TARGETING IRAQ’S STABILITY.

The US Embassy in Baghdad announced a meeting between the embassy’s senior defense official and officials from the Kurdistan Region’s Ministry of Interior and the Peshmerga, to coordinate against “malicious” entities targeting Iraq’s stability and infrastructure.

 
This comes after the Kormor gas field in Sulaymaniyah province was subjected to a “terrorist” attack at the end of last month, and security investigations led by the Iraqi authorities yesterday revealed that it was carried out by two drones by “outlaw” groups.

The US Embassy in Baghdad stated in a short blog post on its official X platform on Thursday, December 4, 2025, that “Senior Defense Official, Colonel Bagley, met with senior officials in the Ministry of Interior and the Peshmerga forces in the Kurdistan Regional Government of Iraq to enhance coordination against malicious actors targeting Iraq’s stability and vital infrastructure,” stressing that “the United States remains committed to supporting security efforts and strengthening Iraq’s sovereignty.”

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THE ADVANCE CUSTOMS DECLARATION COMES INTO EFFECT

(Mnt Goat: Looks like no more “hanky-panky” in falsifying documents for imports in order to get dollars. 😊 This should really help in the cause to shut down the parallel market. )

The decision to activate the system of prior customs declarations will come into effect starting today, Monday, in a step that is considered pivotal to regulating trade, controlling the market and preventing the disruptions that accompany import operations, as well as its role in protecting the local product and enhancing the confidence of the private sector and citizens in the integrity of the procedures.

This system represents an essential tool for tightening control over the entry of goods, as it requires the submission of the advance customs declaration issued by the ASYCUDA system, including the rapid access code (QR), via the OR platform within the validity of issuance system, along with the final commercial documents that include the declaration number, a final commercial contract or invoice with the total value, a description of the materials, their quantities, the country of origin and shipping, the name of the exporter and importer, the border crossing, the chassis number for cars, the name and code of the importing bank and company, and the data of the clearing agent.

The decision also requires that no external transfer be carried out by banks unless they are provided with the prior customs declaration and accompanying documents, and obliges them to include the declaration number in the transfer system (SWIFT) instead of the previous data, which makes the declaration a “passport” for any commercial transfer.

Economic expert Khaled Al-Jabri told Al-Sabah that “regulating the market begins with accurately controlling import and export operations, and knowing the nature of the goods entering and leaving and the entities that own them.”

He added that in order for the advance customs declaration to play its true role, the legislative framework needs to be updated through a new tax law and a clearer companies law, in addition to regulating the labor law and commercial agencies. 

Dollar transfers

The spokesperson pointed out that this regulation should be accompanied by clear oversight of dollar transfers to prevent any ambiguity that could negatively affect market stability.

Al-Jabri explained that these measures will determine the routes of commercial transfers and control border crossings and customs revenues, which gives regulatory institutions greater ability to follow up and enhances the confidence of the private sector and citizens in the integrity of the procedures, warning that the continuation of chaos keeps the door open for manipulation, while precise regulation constitutes an essential step towards a more stable market.

Updating the commercial register

Al-Jabri addressed the phenomenon known as “burned companies” and said: Registering alternative companies to escape accountability is a practice that must end in conjunction with cleaning up and updating the commercial register.

He pointed out that eliminating this method will reduce evasion and enhance legal accountability, stressing the need to impose strict controls on importers and adopt precise specifications that ensure the entry of compliant goods and enhance transparency and smoothness in the market.

Clear customs system

For his part, industrial development consultant Amer Al-Jawahiri believes that the advance customs declaration represents a new method for regulating financial movement, and it should be applied in all of Iraq’s ports without exception. 

He pointed out that the success of this step is linked to providing accurate pricing at the ports, which ensures a clear customs system that reduces cases of illicit enrichment. 

Al-Jawahiri stated that the application of this system must be based on modern digital means that ensure the accuracy of the procedures, indicating that the evaluation of its results will be clearer after a period of its application.

Adjusting procedures

It is worth noting that the pre-declaration system will be implemented gradually starting from the first of this month, initially applying mandatorily to a range of goods including gold, cars, electrical appliances, and mobile phones, with the aim of expanding its application to all goods by the beginning of next year. This system is expected to streamline customs procedures, regulate imports, and provide accurate statistics to inform import policy.

Post-check

The advance declaration is also expected to become a passport for financial transfers, which will facilitate subsequent auditing and reveal cases of inflated invoices that some importers previously resorted to. The regulatory bodies will perform the matching according to digital mechanisms that were prepared in advance for this purpose, in addition to the oversight carried out by the Border Ports Authority and the newly established auditing centers in the Customs Authority.

In light of these measures, observers predict that the coming period will witness the establishment of new companies or the entry of others into the field of banking transfers, in an attempt to escape the violations that befell what is known as the “burned companies”.

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TRUMP IS THE HERO OF THE BAGHDAD STREET… IRAQIS TELL RUDAW: WE AWAIT THE US PRESIDENT’S DECISION

 In Baghdad, the most talked-about topic is the selection of the next prime minister. At the same time, citizens are not optimistic about the choices made by the Coordination Framework, believing that it “will nominate one of its members or someone close to it, who will be no different from his predecessors.” These are the prevailing opinions we heard from Iraqis here in the capital, Baghdad.
 
Rudaw Media Network surveyed the opinions of some Baghdad residents from various professions about their expectations regarding the new head of government. It became clear that US President Donald Trump is the “hero of the street,” and that they are waiting for his decisions and actions to intervene this time to choose “a just, honest, and strong prime minister who will resolve most of the outstanding issues.”
  
I met Raeda Faleh, a retiree, at the Iraq International Book Fair. She was the one who initiated the conversation after learning I was a journalist, asking in her colloquial Iraqi dialect, “Who will become prime minister?” I replied, “I don’t know. What do you expect?” She fell silent, then replied despairingly, “I don’t expect anyone better than the previous ones. They’re all the same… the same mindset… the same corruption. And now we hear news about the government not having any money, and we retirees and other employees are worried about our daily lives. I worked for the government for almost 30 years, and today I receive a pension that barely covers my basic needs, 750,000 dinars, while a member of parliament works for less than three years, makes deals, takes all the perks, and then retires with an astronomical pension. Where is the justice? Where is their concern for the people?” She finished her remarks as she left, again in colloquial Arabic, “I’m going to look for a useful book… politics is a headache and a real headache.”

(Mnt Goat: Sounds like Congress and the Senate in the U.S. .. ☹ )
 
But Hussam Mustafa, a 27-year-old barber in the Karrada district, was more enthusiastic about US President Trump. He spoke while expertly wielding his scissors, saying, “Uncle Trump will come and change everything.

I’m optimistic about his statements and decisions.” I said, “Trump is the president of the United States, not the president of Iraq. Iraqis are the ones who should choose their prime minister and cabinet members.” He replied, “Iraq has waited for years, and a suitable prime minister hasn’t been chosen.”

He added, “I support al-Sudani staying. He has accomplished a lot, and he’s a humble man. A few weeks ago, he came for a walk here in Karrada, sat in a café (a coffee shop with a book), and talked with people. I was standing there listening to him. This hasn’t happened with any other senior Iraqi official.

(Again…. This sounds like Trump again….)

He received the most votes, and my family and I voted for him in the elections. Why shouldn’t he stay in his position?” He pointed out that “Trump is with al-Sudani, and I think he’ll stay for a second term.”

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THE REGIONAL GOVERNMENT’S PRESIDENT: WE SUPPORT TRUMP’S POLICY OF ACHIEVING PEACE THROUGH STRENGTH.

On Thursday, the Prime Minister of the Kurdistan Region, Masrour Barzani, expressed the region’s support for US President Donald Trump’s policy of achieving peace through strength, while stating that the new US consulate in Erbil is a “stronghold “.

During his speech at the opening ceremony of the new US consulate building in Erbil, Barzani said, “This US consulate in Erbil is like a mountain and an impregnable fortress in Kurdistan,” explaining that “the United States stood with the Kurdistan Region during difficult times and provided support and assistance in building this country in which we live, and we fully support the policy of US President Donald Trump, which says peace through strength .”

He emphasized, “Working with the United States and also working with Baghdad,” explaining that “at the moment we are facing the formation of the new government in Iraq, we aspire to form a government that meets the aspirations of the people and solves the problems and crises.”

The United States opened its largest consulate in Erbil, in the presence of political and diplomatic figures.

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WASHINGTON IS CONSIDERING “FORTIFYING” KURDISTAN’S AIRSPACE… AND TRUMP: STRIKING TEHRAN’S NUCLEAR PROGRAM CHANGED IRAQ’S DIRECTION.

US President Donald Trump announced that he is considering the request submitted by the Kurdistan Region to supply it with an air defense system, noting that Iraq’s position towards Washington has completely changed and become more friendly, following the targeting of the Iranian nuclear infrastructure at the beginning of this year.

In remarks to reporters from the White House on Tuesday, December 2, 2025, President Trump said regarding supplying the Kurdistan Region with an air defense system: “We are thinking about it. This issue was not among our priorities previously, but we are hearing about it increasingly now.”

Trump added: “The situation in Iraq is completely different from what it was before we destroyed Iran’s nuclear capabilities, and relations have undergone major transformations.”

The US president noted the decline in the “fear factor” surrounding Iran and its significant diminished prestige, asserting that it no longer plays that dominant role. He explained, “Previously, Iran played the role of the main threat in the Middle East, and Iraq was being oppressed by Tehran.”

Trump stressed that following the US attacks on Iranian nuclear facilities, Iraq became more open to dialogue with Washington and showed a greater willingness to reach an understanding.

He continued, saying: “Iraq nominated me for the Nobel Prize, which is a great honor that we did not expect from the Iraqi side.”

The US president also criticized his country’s past policies, saying: “We had a former president who thought invading Iraq was a very smart idea; we invaded, and suddenly, instead of having a counterbalance to Iran, Tehran ended up dominating the Middle East for a long time.”

— Edited by tishwash on Wednesday 3rd of December 2025 02:39:55 PM

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AL-SUDANI: SINCE ASSUMING RESPONSIBILITY, I HAVE BEEN KEEN TO BUILD FRIENDSHIPS THAT SERVE IRAQ.

Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday his commitment to building friendships that serve Iraq since assuming responsibility.  

In a brief tweet, Al-Sudani said, “Since assuming responsibility, I have been keen to build friendships that serve Iraq. I realized from the beginning that friendships, not enmity, are what guarantee the stability, growth, and prosperity of our country,” concluding the tweet with “Iraq first.” 

Al-Sudani concluded his tweet with the phrase “Iraq first”. 

(Oh….Oh…. Al-Sudani sounds like Trump now!)

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THE CENTRAL BANK REASSURES: COMPREHENSIVE REFORMS AND A SWIFT RETURN OF BANKS DEPRIVED OF DOLLARS.

The Central Bank of Iraq reassured the public on Tuesday (December 2, 2025) regarding the ongoing banking reforms, stressing that rebuilding the banking sector is the main pillar of its work at the present stage, during a session attended by a number of experts and specialists.

The bank said in its statement, received by “Baghdad Today”, that its governor, Ali Mohsen Al-Alaq, presented an extensive proposal for the reform plan, explaining that the contract with Oliver Wyman came after the restrictions imposed on a number of banks dealing in dollars, with the aim of implementing comprehensive reforms that ensure their compliance with international standards, noting that there are assurances that those banks will return to their normal environment after the completion of the reform stages.

The statement added that all Iraqi banks have signed the reform document, indicating that compliant banks will be granted the ability to deal in other currencies in gradual steps, while confirming that international bodies are directly monitoring the progress of work on this file.

He added that the digital dinar project is still under implementation and requires time and integrated infrastructure before it can be officially launched.

The bank noted that Al-Alaq reiterated the commitment to maintaining overall price stability by fixing the exchange rate and keeping inflation at low levels, warning that reducing the dinar’s exchange rate would have negative repercussions on low-income groups and weaken confidence in the national currency.

The statement concluded by stressing the need to avoid using the exchange rate as a tool to address the structural deficit, emphasizing the need for structural reforms to maximize revenues, control expenditures, and diversify the economy, while supporting the government’s directions in this area.

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SAMIR AL-NASSIRI: THE BANKING REFORM PLAN IS BEING IMPLEMENTED SUCCESSFULLY ACCORDING TO ITS TIMETABLE.

Banking consultant and expert Samir Al-Nassiri confirmed that the Central Bank, Oliver Wyman, and other banks are continuing to implement the standards of the banking reform plan in partnership and daily coordination, according to the plan’s timeline, which was launched on April 7, 2025.

The Central Bank published the project implementation mechanisms and the banks signed an agreement to comply with the plan. Preparations are now underway to launch the first evaluation cycle during the first quarter of 2026.

The procedures and efforts undertaken by the Central Bank of Iraq, in cooperation and consultation with the consulting firm and private banks, have resulted in tangible steps during the current quarter in facilitating the implementation of the objectives, programs, mechanisms and standards of the comprehensive banking reform project, within the framework of implementing the Central Bank’s third strategy.

He explained that the main objective of this project is to build a sound, modern, comprehensive and flexible banking sector that contributes to achieving rapid growth in the national economy, a cumulative increase in GDP, and enhancing the market value of the banking sector.

 Al-Nassiri pointed out that economic reform begins with banking reform, explaining that the challenges facing the Iraqi economy simultaneously present significant opportunities to reform and develop the banking and financial sector, in line with the government’s program and the Central Bank’s future vision. He added that the banking sector will play a pivotal role in achieving sustainable development and attracting investments, as well as supporting ongoing efforts to activate non-oil productive sectors with the aim of diversifying national income sources and ensuring financial sustainability and balanced economic growth.

 Al-Nassiri explained that the role of the Central Bank is also embodied in regulating the financing of foreign trade and implementing infrastructure projects related to comprehensive digital transformation, in addition to expanding the use of electronic payment tools in a way that enhances the achievement of financial inclusion.

 He stressed that these efforts will contribute to providing real opportunities for reforming, developing and empowering the private banking sector during the period 2025–2028, through a set of key objectives, most notably:

* Developing the Iraqi banking system to keep pace with internationally approved banking and accounting standards.

* Building a sound, modern, comprehensive and flexible banking sector capable of adapting to economic changes.

* To enhance citizens’ confidence in the local banking sector and achieve international recognition of its transparency, progress, and commitment to international standards, thereby strengthening the confidence of global correspondent banks in dealing with it.

* Rehabilitating restricted or weakly active banks to enable them to return to the banking market with their full internal and external activities.

* Refocusing the role of banks on their core function of financing and lending for development, while promoting financial inclusion and increasing its rate in accordance with the established plans.

* To promote the transition from a cash economy to a digital economy by attracting funds circulating outside the banking system, which represent about 90% of the money supply, and bringing them into the formal banking cycle.

Al-Nassiri explained that although the period specified for their implementation according to the banking reform project and the Central Bank’s strategy extends to three years, what was achieved during the years 2023, 2024 and 2025 is considered an important achievement, as solid foundations and rules were built that formed the main pillar for the desired reform path.

He added that these achievements will contribute to the process of evaluating and classifying Iraqi banks based on the extent to which they achieve the goals set within the banking reform project, in accordance with the approved international standards and criteria.

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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

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:

December 2, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. What happens next?

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!

____________________________________

2 Corinthians 9:10

“Now he who supplies seed to the Sower and bread for food will also supply and increase your store of seed and will enlarge the harvest of your righteousness”

STATUS OF THE RV

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No! There is no RV or Reinstatement of the Iraqi dinar yet. There are NO newer smaller category notes issued or pictures even shown to anyone yet by the CBI and that includes the 10 and 50 categories. This is per my CBI contact.

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 so let the FACTS speak for themselves.  

If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is early December and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

________________________________________

I wish could tell everyone to go to the bank and exchange your dinar today but this is simply not going to be the case. We must realize that the CBI is working on one track, the GOI on another, and some can even say Kurdistan on yet another. So, let’s explore each track and learn more today how close we are to the RV.

It’s the CBI track that we have been following mostly with all the banking and financial reforms. We were told just a few weeks ago that the CBI is ready to remove the zeros and we all know what that can lead to. In the news back then, Iraq even told us about the pending now basket and talked about moving to FOREX. Then they even told us that moving to Forex would even coincide with the implementation of the new digital dinar. This was the first time they talked openly about this since 2011 when we learned about the overall Dr Shabibi plan. The digital dinar did not exist back then, however things have changed since 2011 and so the CBI told us the digital dinar will stop all currency fraud and completely shut down the parallel market. We learn in the article titled  “CENTRAL BANK GOVERNOR: DIGITAL CURRENCY WILL SOLVE 90% OF THE PROBLEMS IN THE IRAQI FINANCIAL SYSTEM”. Please click on the link to read it.

So, how close are we then to the RV?

But remember that the CBI cannot begin the project to delete the zeros without assurances from the U.S. that it can then move ahead to the reinstatement pending no inflation issues arise during the currency swap out. In today’s main article thread, we learn in the articles titled “SAVAYA: I WILL ARRIVE IN IRAQ WITHIN THE NEXT TWO WEEKS.” That Mark Savaya, the special envoy of US President Donald Trump, announced that he will arrive in Iraq within the next two weeks, revealing that he is carrying “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.” This meeting was supposed to take place last week but was postponed due the Washington shooting of the National Guardsmen.

😊In yet another article on this same issue titled “A GOVERNMENT STRIPPED OF FACTIONS: THE AMERICAN CONDITION CLASHES WITH THE WILL OF THE IMF IN BAGHDAD.” All eyes in Baghdad are on the crucial behind-the-scenes maneuvering to form the next Iraqi government, amid unprecedented American pressure. This article is telling us not only does the U.S. want these Iranian militia out of Iraq but also out of the political process. For the first time, Washington is so explicitly demanding a “non-factional government” as a prerequisite for international recognition of the legitimacy of the entire political process, linking this condition to future economic and security support for Iraq. Can it get any clearer. The U.S. is telling Iraq they are not going international (thus the reinstatement of the dinar to FOREX) until they show they are truly a fully sovereign country. This means they can not be a proxy of Iran.

😊Yes, in article titled “POLITICAL ANALYST: WASHINGTON CONTROLS 90% OF THE GOVERNMENT FORMATION DECISION… AND THE COORDINATION FRAMEWORK AWAITS SAVAYA’S CONDITIONS.” We can clearly see the U.S. is controlling this 2025 election cycle and will have its way in who is the new prime minister. Their excuse for doing so is that Iraq has NOT yet proven itself in managing it’s security issues as a “fully” sovereign country, as Iranian militia still walk the streets, occupy military bases and Iran still has e a large influence in the political process. So, the U.S. says if you want to be a big player in the international stage it starts with putting on your “big boy” pants and truly learn to govern your own country and keep it safe.

😊In yet another article on this very same issue titled “TRUMP’S ENVOY RECEIVES PRESIDENTIAL DIRECTIVES REGARDING THE IRAQ FILE” we learn just what the US President Donald Trump’s directive is. Mark Savaya, announced that he had received presidential directives regarding the Iraq file, during the Thanksgiving celebration. So, we now know what these directives are going to be when he arrives in Iraq. What was this message? I quote from the article – President Trump’s envoy issued a stern warning to the armed factions, saying: “Let me be clear and unequivocal: there is no place for such armed groups in a fully sovereign Iraq,” adding a direct American pledge: “The United States will fully support these efforts… Every illegal armed group and those who support it will be pursued, confronted, and held accountable.”

Knowing all this, after reading these articles on this subject matter of Iranian influence in Iraq, Do you believe that the U.S. is going to support the Iraqi dinar moving to international status any time soon?

What does the IMF say about it? Are they ready to support the RV?

In the article titled “A GOVERNMENT STRIPPED OF FACTIONS: THE AMERICAN CONDITION CLASHES WITH THE WILL OF THE IMF IN BAGHDAD” we learn what that the IMF is clashing with the Trump’s objectives. According to the information  

this demand by the Americans clashes with an electoral reality that cannot be ignored: The political blocs affiliated with the factions have won dozens of seats in the new parliament, reflecting the will of a broad electorate in the central and southern regions.

This duality creates a deep tension between the will of the IMF on one hand, and the will of the major international power on the other, and puts Iraqi political forces before a difficult choice: either to accept Washington’s conditions and risk the anger of their popular base, or to proceed with forming a government that respects the election results and exposes Iraq to possible diplomatic and economic isolation.

I ask, what do you believe is going to happen? Do you think this mess with Iran is going to be cleared up in time to conduct the swap out of the notes and allow for the reinstatement all by early January 2026?

Insert comment block here

To answer this question, I want to add a few thoughts:

1. I can only report on what I am told by my CBI contact, then read the articles for more;
2. When does Iraq do anything exactly on time?
3. Iraq and the US obviously have not yet settled the Iranian issue.
4. The new prime minister is not yet selected.

Yes, its December 2nd already and  was told that there is enormous pressure on the CBI by the IMF to move ahead, but they can’t, as they are also working very closely with the US Treasury on a daily basis. So, for today’s news lets look at the articles and see if we can explain further on these issues facing Iraq.

I know this is not the news we had hoped for today but it is what it is. Remember that things could change drastically as we move through December.

My Saturday call to Iraq:

My contact reiterated once again the success of the Mnt Goat Newsletter blog. She said she is thankful that someone is there to tell the TRUTH about what is really happening in Iraq. She too reads and listens to all the “bullshit” on the internet. She emphasized the word “bullshit”. Where do people get these lies from, she asked?

I then said thanks for her comments. She then told me that the CBI has been told by the Finance Committee to hold off on removing the zeros until the issues with the U.S. around the Iranian saga are agreed to and at least how this will be handled. Right now it it is even more difficult to negotiate on the issues dealing with Iran because Iraq does not yet even know who to negotiate with, since the prime minister is not yet elected. My guess it there will some sort of commitment, with an agreement, then with a pledge and “or else” conditions, built into it. Iraq will have to show some sort of immediate actions to cement the terms of the agreement.

I asked more about the project to remove the zeros. She said it is still targeted for December, be patient and instructions are ready to be posted in the news on how to conduct the swap out. Do you remember the recent article we read about December 1^st being the date for a new currency mechanism in the article titled “IRAQ IS SET TO IMPLEMENT A NEW CURRENCY MECHANISM ON 

DECEMBER 1, 2025”. You can go to my Nov 20^th Newsletter for more information on this article. Here is the article and so you can read the first statement yourself. What does it say?

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Article Follows

Iraq is set to implement a new currency mechanism on December 1, 2025

Iraq is set to implement a new currency mechanism on December 1, 2025, which includes the introduction of a central bank digital currency (CBDC) and a redenomination plan. 

In this first paragraph it tells us what it includes. It says  “includes the introduction of a central bank digital currency (CBDC) and a redenomination plan.” Can it get any clearer that the CBI intends to being the redenomination plan or remove the zeros. This means to replace the larger three zero notes with the lower denominations. (When this occurs we know the IQD rate will be about 75 cents in-country until they collected what notes they need to collect. ) 

This move aims to modernize Iraq’s financial system, enhance financial transparency,  and reduce reliance on traditional fiat currencies. The CBDC will eventually replace physical banknotes, while the redenomination plan will simplify transactions and improve public confidence in the dinar’s value. 

The Central Bank of Iraq has not specified the exact exchange procedures or deadlines, but a phased rollout is expected. This transition is part of broader global banking  reforms and will require a strong technology foundation and public acceptance to ensure it’s success.

Article Ends

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What else is in the news?

Besides the Iranian issues, the news today is all very good for Iraq. In the recent past we learned about many of these initiatives to bring Iraq into the middle east leadership role. But they are not there yet. To be honest with you I have been thinking that the Development Road Project was much further that we see in an article in today’s news that they are just reaching out for contractors to build the roads and railways, so this may take a while to pan out as a revenue stream.

😊 Then in article titled “IN COOPERATION WITH THE ASSOCIATION OF PRIVATE BANKS, THE FIRST PHASE OF THE “PULSE OF MOSUL” PROJECT HAS BEEN LAUNCHED” we learn that Prime Minister Mohammed Shia al-Sudani launched the first phase of the “Pulse of Mosul” project on Sunday. Sudani launched the (Pulse of Mosul) project, which aims to rebuild the alleys and neighborhoods of the old city of Mosul, inspired by the (Pulse of Baghdad) project, which included the rehabilitation and maintenance of the old areas of Baghdad.” Why is this important?

This project of reviving Mosul show us that Iraq is concerned about rebuilding Iraq and after over 20 years since 2003 are now taking this effort seriously.. Yes, like the Development Road Project. As Al-Sudani pointed out during the meeting this project   will also mean increased revenues from reviving the heritage of the ancient city, to be an important tourist gateway and enhance its historical and heritage status. As an investor, you too may have the opportunity some day soon to travel to Iraq and experience history and all the cities you only read about in my blog and the articles.

In multiple articles on the subject matter of a mulit-year budget we can begin our education on why a multi-year budget and the benefits to Iraq. We can read about this effort in the articles titled:

“IRAQ IS REVIVING THE THREE-YEAR BUDGET EXPERIMENT; THE MINISTRY OF PLANNING HAS BEGUN DISCUSSING IT IN PREPARATION FOR PRESENTING IT TO DECISION-MAKERS”.

“THE GOVERNOR OF THE CENTRAL BANK OF IRAQ PARTICIPATES IN THE ARAB BANKING CONFERENCE 2025”

“THE 2026 BUDGET IS ON THE PLANNING TABLE… A DISCUSSION OF THE GENERAL FRAMEWORK AND PLANS FOR SUBSEQUENT YEARS”

All three of these articles can be found in the Mnt Goat Newsletter Articles Section.

The 2026 budget and plans for subsequent years were the focus of a meeting at the Ministry of Planning, where the general framework and proposed projects to be included were discussed. The ministry stated in a statement, which was reviewed by (Shafaqna Iraq), that “a meeting was held today, Wednesday, to discuss the preparation of the budget for 2026 and the next three years (2026-2027-2028). Remember that this is the second time that they are attempting a three-year budget. The last term was 2023-2025 but a sudden drop in oil prices beyond what was budgeted for basically killed the ability to conduct the 2025 projects. Instead of borrowing the GOI simply postponed the projects hoping to fund them in 2026.

There is not much more important news to bring at t his time. The 2025 election is not yet decided and probably won’t be until all the appeals from the election results are decided upon in the Supreme court. Then having ten days afterwards to announce the results. The court just told us they have reviewed all the appeals that were pending however there is still time to allow to submit yet more appeals since the statute of limitations has not yet run out. So we wait to learn of the election results.

Of course, this other “sour grape” issue namely the Iran influence in Iraq must be resolved somehow. Oh… there is always an issue that seems to stop the RV. But will it this time? We still have to see what happens. At least none of my blog readers are ignorant on this subject matter as I have presented countless articles about this danger of holding up the RV this year or early next. All I can say is “I told you so”. Are you listening.

Having read my RV Status for this period when do you think the RV will happen?

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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

“Are You Prepared Of What Is About To Strike Your Nation?”

You can start watching the video at the 12:45 mark.  From Nov 23^th.   

“Martial Law Must Take Place To Free Your Nation”

You can start watching the video at the 16:14 mark.  From Nov 16th.

Martial law is the replacement of civilian government by military rule and the suspension of civilian legal processes for military powers. Martial law can continue for a specified amount of time, or indefinitely, and standard civil liberties may be suspended for as long as martial law continues. Most often, martial law is declared in times of war or emergencies such as civil unrest and natural disasters. Alternatively, martial law may be declared in instances of military coups d’état.

Martial law is how the government gets to military tribunals we have been hearing about for the past 10-20 years of prophecies. God is telling us now through Julie Green that these will be necessary as our current court system is dysfunctional. These tribunals will be WWII Nuremburg style courts set for this purpose. They will rule on cases and hand down sentences. This corruption has been going on in our government all way too long as they protect each other, accept bribes and give death threats and so it is even hard to get justice. This will be necessary because of all the corruption that is within the justice system of the district courts. It is hard to get a fair trial. It’s coming and so be prepared mentally when you see it. We recently witnessed the crossing of the red line with the six democrats outright telling the military members to mutiny. Why? It’s because they know that martial law is coming. Get it? This should be yet another sign of proof to you of what I know to be true.

We are not to be fearful as this will NOT be a total shutdown of the nation like for COVID. Things will basically go on as normal daily life, however there will be a seed of martial law within the justice system of the government. It will be announced and televised. These court cases will be on TV daily. Glenn Beck does a good job of explaining it.

KIM CLEMENT WARNED THIS WOULD HAPPEN IN NEW YORK

UFOS ARE NOT JUST IN OUR IMAGINATION ANYMORE…OR WERE THEY EVER JUST IMAGINARY?

Around 1986 I ran across a prophecy called “Pheonix Rising” by May Summer Rain.

You can go buy it on Amazon.com and read it for yourself and then tell me you too do or don’t see these prophecies happening in real life. You can just comment me on this blog how you feel. It’s is amazing what is happening in this time. So far everything she has documented from the native American woman, from the Chippawa tribe  who gave her the prophecy has come to be. In the prophecies she also talks about UFOs (now renamed to UAP for only God knows why). The prophecy says there will be total exposure of the alien crafts and we may even have an opportunity to go upon and visit one on display.Yes, this is going to be total exposure. I can not give you a firm date and like the IQD RV, only certain people know when this is all going to come all out. But by the current news on this subject it is not hard to determine it is soon, and I mean soon!

Come ‘ on folks this is now national news from a national network. The people interviewed are VERY creditable people. Are you a believe or do you still want to poo poo it? When it happens to you and you see one then what? I actually have a family member who did see a round ship, took actual photos and so I personally know something is not right.

A LIBERAL DEMOCRAT PREARRANGED NEW NARRATIVE THAT THEY ARE BUILDING SLOWLY AGAINST TRUMP IS BEING BORN. HERE WE GO AGAIN…

The news media is given the new narrative and then the questions to impose in the interview to create the narrative. Yes, the interview is “staged” for the public.

I pray this nasty Mark Kelly is convicted of inciting mutiny among the ranks of the military. And for that matter the other five (5) politicians also.

A PREEMPTIVE STRIKE ON PRESIDENT TRUMP’S AUTHORITY AS COMMANDER AND CHIEF

What is this democrat propaganda trying to prepare America for? Yes, this must be dealt with and not ignored.

Victor Davis Hanson takes is through it for us to understand the TRUTH what these democrats are trying to do. Again, they are desperate and will try anything. This inciting of mutiny to 1.3 million military members must NOT go unanswered. The military chain of command must NOT get political.

Everyone must listen to this video to understand firmly what is going on.

TIM WALZ SPIRALS AND RUNS OFF MSNBC WHEN ASKED ABOUT THE CORRUPTION IN HIS OWN STATE

TRUMP AIMS TO REVOKE BIDEN-ERA PARDONS SIGNED ‘ILLEGALLY’ WITH AUTOPEN

Can president actually do this legally and constitutionally?

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.  

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

HOW TO LOOK PENNILESS IN THE PUBLIC RECORD

Today we’re diving into why it’s crucial for real estate investors, stock investors, business owners, and wealth builders to appear “penniless” in the public record. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here 👉 https://aba.link/i93

How an LLC can actually work against you.  

Don’t have your personal name or address in any public record.

Are offshore assets or accounts really protected?

Are vortex trusts a scam for tax protection?

Don’t misuse a legal entity and take it to extraordinary measures, it won’t work.  

I really, really, really encourage everyone to watch this video and learn from it.

Now I know that many of you may have already researched getting a LLC or a Trust to protect your money against creditors and reveres law suits. But after watching this video today I feel you can learn even more and that there are some caveats that can really work to your benefit all depending upon the state you file your entity in. It’s just a matter of working with your attorney and help to guide them on what you want.

Basically, it all amounts to how much privacy a particular state is willing to give for a legal entity. Attorneys can research this for you but you have to find a good one willing to do it for you. What I am saying is you may think you are protected in a particular state and then find out later, when sued, that your records are not that protected from preying eyes after all.

Another key lesson I learned is it is much easier to use the entity instead of your own name and address from the very start and get it on the dead when you purchase a property or business, rather than have an attorney later try to fix it, after some damage is already done.

Listen carefully what these attorneys are saying….

5 STATES CUTTING PROPERTY TAXES TO ZERO

THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM

Central Bank of Iraq

Some types of currency, even less than 10,000 dinars, are not accepted from some banks, so the currency has accumulated among citizens to solve this problem in the latest guidelines of the Central Bank of Iraq, private banks and currency dealers. The Central Bank of Iraq (CBI) has issued new guidelines to deal with all types of Iraqi dinars.  

The 250, 500 and 1000 Iraqi dinars are the least traded in the market, banks and currency dealers’ markets, and in some places are not accepted, so the small amount of money has accumulated among citizens. 

The Central Bank of Iraq (CBI) had earlier said it had a shortage of cash, one of the reasons being the deterioration of the balance between the currencies, so they issued new guidelines and must deal with all types of Iraqi dinars.

Anwar Mousavi, a currency dealer, told Kurdistan24 that there is no problem in providing any kind of money to pay salaries and shop owners must cooperate in the markets.

Iraq spends about 7 trillion dinars monthly on salaries, the central bank said by the 10th of each month to end the transaction of the money in the markets, about 15 trillion dinars are withheld by citizens.

Economist Haider Sheikh said the central bank wants to solve the cash problem and eliminate the excuse of currency in transactions, so government offices and private banks have instructed to receive all kinds of money, because the money paid for salaries will not be in the market.

Previously, currency dealers and even some private banks accepted bills against the dollar at less than their value, but according to the new guidelines, bills will be accepted at the same value even if they are torn or old.

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THE 2026 BUDGET IS ON THE PLANNING TABLE… A DISCUSSION OF THE GENERAL FRAMEWORK AND PLANS FOR SUBSEQUENT YEARS.

The 2026 budget and plans for subsequent years were the focus of a meeting at the Ministry of Planning, where the general framework and proposed projects to be included were discussed.

The ministry stated in a statement, which was reviewed by (Shafaqna Iraq), that “a meeting was held today, Wednesday, to discuss the preparation of the budget for 2026 and the next three years (2026-2027-2028), chaired by the Undersecretary of the Ministry for Technical Affairs, Maher Hammad Johan, and attended by a number of directors general, heads of departments and representatives of relevant departments in the ministry.”

She added that “the meeting’s discussions focused on the general framework of the 2026 budget and plans for subsequent years.”

“Discussions were also held regarding ongoing and new loans and projects proposed for inclusion in the budget, as well as examining the terms of the Chinese framework agreement and the development projects it includes.”

The statement continued, “The meeting also addressed the preparation of appropriate scenarios for the 2026 budget, in preparation for submitting them to decision-makers for approval according to developmental and economic priorities.”

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THE CENTRAL BANK WARNS: ENTITIES ARE SPREADING RUMORS TO RAISE THE DOLLAR’S VALUE IN THE MARKET.

The Central Bank of Iraq confirmed on Thursday that there is no intention to change the official exchange rate. While noting that the rumors that are spread from time to time aim to speculate in the parallel market, it pointed out that its monetary policy has succeeded in curbing inflation, as evidenced by international recognition.

(Mnt Goat: Again, they are talking about changing the exchange rate by devaluation from 1320. This would be the worst thing the CBI could do at this point, especially if you want investors to come into Iraq. These people are ignorant and stupid and just spread rumors. They don’t want Iraq to grow, they want the status quo of corruption in the dollar and to maintain their currency scams to Iran.)

Alaa Al-Fahd, a member of the Central Bank’s media office, said, “There are parties trying to fish in troubled waters and spread rumors and false news that are outside the Central Bank’s jurisdiction in order to raise exchange rates in the parallel market,” explaining that “the Central Bank always defends monetary policy and the general price level.”

Al-Fahd added that “inflation rates in Iraq have reached, according to international testimony (the IMF and the World Bank), historically low levels compared to other countries in the region, and have even reached negative levels, which is happening for the first time and is considered an achievement for monetary policy in preserving purchasing power, especially for the poor classes.”

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PRESSURE ON THE CENTRAL BANK TO CHANGE THE EXCHANGE RATE CONSTITUTES INTERFERENCE WITH ITS INDEPENDENCE.

Samir Al-Nassiri

(Again, I will add this change to the exchange rate they are calling for is a devaluation not a revaluation. It is still with the de fact peg to the dollar and not yet on FOREX)

After the announcement of the final election results, and for the political and self-serving interests of some influential figures, speculators, and traders who deal in illegal trade through direct transfers outside the controls of the Central Bank, official border crossings, and the new instructions for prior customs registration starting from 12/1/2025, which ensure control over the government’s customs revenues.

About a week ago, media pressure began, directed by some specialists, non-specialists, and self-proclaimed analysts who frequently appear on media channels with vested interests and on social media, with the aim of disrupting the Iraqi market, which has remained stable throughout 2025 due to the wise monetary policies and efforts made by the Central Bank, which maintained the general price level and kept the inflation rate below 1%, controlled the money supply, and built sufficient foreign reserves to cover the local currency in circulation and cover imports.

He (Ali al-Alaq) is currently implementing an ambitious project for a comprehensive and radical reform of the banking sector. He receives continuous praise from the World Bank, the International Monetary Fund, and the US Treasury for the steps he has taken in implementing monetary policy over the past three years.  

Since December 19, 2020, when the exchange rate was adjusted by the Central Bank under pressure from the previous government, and up to the present time, the exchange rate of the dinar has continued to fluctuate up and down in the parallel market, even after it was adjusted again in 2023. Due to the Central Bank’s measures mentioned above, relative stability has been achieved despite all the internal and external challenges, and all the speculators’ plans to weaken the purchasing power of the Iraqi dinar have failed.

We must also not forget, clearly and precisely, that there is an organized lobby working against achieving monetary stability, led and implemented by multiple entities linked to speculators and corrupt individuals who have a special agenda to weaken and harm the national economy by fabricating news and statements, spreading rumors and flawed and paid economic analyses, and turning them from reassuring news for the market and citizens into news that confuses the market and creates panic among citizens. This is what is actually happening now, which requires clarification here, as it has been happening for about ten years.

Particularly after the financial and security shocks of mid-2014, a culture of reliance on the central bank to confront economic and financial crises and challenges became entrenched. This is done by using its monetary policy tools and mechanisms to overcome the government’s liquidity shortage and its inability to pay salaries on time, as well as the failure of fiscal policy by relying on foreign currency reserves. These reserves are not, in reality, the government’s reserves, but rather the central bank’s reserves, used to control the stability of the exchange rate, according to the target, and to address the balance of payments deficit.

The central bank has been burdened with the problems of other stakeholders, which is not its primary role. It is not responsible for the shortfall in non-oil revenues, the balance of payments deficit, the trade deficit, or the fluctuations in global oil prices. Therefore, foreign currency reserves have risen and fallen due to these flawed policies, which are not based on a clear and defined economic strategy or methodology.

Therefore, the return of stability to the exchange rate to its targeted and balanced rates will be achieved with the support of the concerned authorities in the government by activating other productive sectors, reforming the financial and banking sector, drawing up clear financial policies in coordination with monetary policy and its currently adopted applications and tools, and overcoming the challenges of achieving economic stability, which means achieving stability in the financial and monetary system. 

This is not only the duty of the Central Bank alone, but it is a fundamental duty of fiscal policy and the government’s approach to managing the economy, activating sources of national income other than oil, supporting, protecting and encouraging local production, generalizing the activation of dealing in the Iraqi dinar in all internal cash trading activities, expanding the use of electronic payment methods and enhancing digital transformation.

In particular, it must be emphasized here clearly that all the pressures currently being exerted on the Central Bank to change the exchange rate are not a solution to address the liquidity shortage, but rather an interference in its independence and an abolition of its role and responsibility in its tasks and objectives as stated in its Law No. 56 of 2004, which is in force.

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THE IRAQI DINAR: STABLE AND CONSISTENT  

Amidst the analyses and speculations circulating that raise questions about the fate of the national currency, official facts and data confirm that talk of any change in the exchange rate of the Iraqi dinar is nothing more than speculation that is not based on any sound economic foundation. 

(Again, they are talking about a devaluation when they mention ‘change in the exchange rate. NOT what we are looking for.)

Through a careful reading of the economic reality and the official statements of the Central Bank of Iraq, it becomes clear that the stability of the exchange rate is the fixed strategic option that is being defended with effective monetary tools and a huge balance of foreign reserves.

The Central Bank of Iraq places the stability of the exchange rate at the heart of its priorities, in accordance with the law that governs its work and aims to ensure price stability. The bank’s statements were clear and decisive in denying any intention or the existence of any serious study to reduce the value of the dinar, as such a decision has no economic justification in the current circumstances. 

The facts on the ground speak for themselves clearly: huge foreign reserves exceeding $95 billion form a protective shield that ensures hard currency liquidity and covers all external strengthening needs of the national economy.

The Central Bank’s firm policies have also proven effective in maintaining the stability of the official and parallel exchange rates, as they have succeeded in narrowing the gap between them significantly, supported by the flow of oil revenues, which constitute a stable source of hard currency. This stability in the exchange rate has been a key pillar behind achieving low inflation rates, the lowest in the region, which has contributed to protecting the purchasing power of citizens and maintaining stable living conditions.

The Central Bank remains vigilant against all rumors and ill-considered analyses aimed at undermining confidence in the national currency and creating market instability. It possesses all the necessary regulatory and financial tools to counter such attempts and maintain the stability of the dinar. Exchange rate stability is not merely a number on a screen; it is the cornerstone of the stability of the entire national economy and a guarantee of sustainable development and investor confidence. 

In conclusion, the future of the Iraqi dinar is shaped by a strong economic reality and a wise monetary policy that refuses to be swayed by any pressures or rumors, stressing that stability is the most prominent theme in the coming period.

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IRAQ IS REVIVING THE THREE-YEAR BUDGET EXPERIMENT; THE MINISTRY OF PLANNING HAS BEGUN DISCUSSING IT IN PREPARATION FOR PRESENTING IT TO DECISION-MAKERS.

The Ministry of Planning discussed on Thursday the budget for the next three years (2026–2028) in preparation for presenting it to decision-makers.

The ministry stated in a statement received by (Al-Rabia) that it “held a meeting today, Thursday, to discuss the preparation of the budget for 2026 and the next three years (2026–2028), chaired by the Director General of the Sectors Planning Department, Basim Dhari Mahmoud, and the Director General of the Government Investment Programs Department, Tahseen Mahmoud Muthanna, with the participation of representatives of the relevant departments in the ministry.”

She added that “the meeting addressed the preparation of the final drafts of the budget for ongoing and new projects, in addition to the current budget. Ongoing and new loans, proposed projects, the Chinese framework agreement, and a review of suitable scenarios for preparing the 2026 budget were also discussed, in preparation for presenting it to decision-makers for approval.”

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HOSHYAR ZEBARI: AL-SUDANI HAS A GOLDEN OPPORTUNITY TO BOOST HIS CHANCES OF RUNNING FOR A SECOND TERM.

On Thursday, Hoshyar Zebari, a leader in the Kurdistan Democratic Party, asserted that Prime Minister Mohammed Shia al-Sudani has a golden opportunity to secure a second term .

Zebari said in a post on the “X” platform, which was reviewed by “Mail”, that “the attack by militia factions yesterday on the Kormor gas field in Sulaymaniyah with Grad missiles launched from the Tuz Khurmatu axis to sabotage the region’s economy and infrastructure confirms once again that the government does not control it .” He added, “The Sudanese government has a golden opportunity to impose its control, punish the guilty, and enhance his chances of running for a second term.”

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THE ELECTORAL COMMISSION ANNOUNCES THE DATE FOR SENDING THE ELECTION RESULTS TO THE FEDERAL COURT.

The Independent High Electoral Commission announced on Monday that it had completed all procedures for appeals against the election results and sent them to the judicial body. It also set a date for sending the results to the Federal Court. The head of the commission’s media team, Imad Jamil, stated in a statement to the official agency that “sending the complete election results to the Federal Court for ratification will take place after the judicial body has finished considering all the appeals.”

Jamil explained that “the Commission has completed all appeals and submitted its recommendations regarding them,” indicating that “the work is now with the judicial body, which cannot be restricted to a specific period of ten days, as some appeals include technical or legal procedures that require them to be returned to the Commission for clarification or to complete the required technical procedures.”

He added that “the judicial body will be bound by the legal period of ten days, after receiving the last appeal from the commission and completing the procedures related to it.”

He also pointed out that “the judicial body is continuing to perform its work, and that a group of appeals that reached the commission have had the recommendations of the Board of Commissioners approved regarding their response.”

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A LEADER IN THE AZM MOVEMENT: MUTHANNA AL-SAMARRAI IS THE MOST LIKELY CANDIDATE FOR SPEAKER OF PARLIAMENT.

A leader in the Al-Azm Alliance suggested on Sunday that the alliance’s leader, Muthanna al-Samarrai, is the most likely candidate to obtain the position of Speaker of the next House of Representatives, ruling out the return of former Speaker Mohammed al-Halbousi for several reasons.

The leader of the coalition, Issa Al-Sayer, told Shafaq News Agency that “the behind-the-scenes meetings and dialogues of the National Political Council of the Sunni component revolve around the nomination of the next Speaker of Parliament, and according to the data, a new candidate will be nominated for the presidency of the next parliamentary session,” noting that “the closest is the leader of the Azm Alliance, Muthanna Al-Samarrai.”

Al-Sayer ruled out Al-Halbousi’s return to the presidency of the legislative authority “for multiple reasons,” which he declined to elaborate on.

He explained that “more than one candidate will compete for the presidency of the parliament, including Mohammed Nouri Al-Karbouli in addition to Muthanna Al-Samarrai.”

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TRUMP’S ENVOY RECEIVES PRESIDENTIAL DIRECTIVES REGARDING THE IRAQ FILE

US President Donald Trump’s envoy to Iraq, Mark Savaya, announced that he had received presidential directives regarding the Iraq file, during the Thanksgiving celebration.

“I was honored to receive the directives for the Iraq mission from the Commander-in-Chief,” Savaya said in a post on the X platform on Friday, November 28, 2025.

He added, “It was a pleasure meeting you, Mr. President, and it was truly an exceptional way to celebrate Thanksgiving.”

Trump’s envoy to Iraq, vowed to pursue and hold accountable the armed groups that targeted the Kor Mor gas field, describing them as tools of “hostile foreign agendas,” in the first firm response from the Trump administration to the attack. In a post on the “X” platform (formerly Twitter), Savaya commented on last night’s attack, saying: “Armed groups operating illegally and driven by hostile foreign agendas carried out the attack on the Kormor field,” demanding that the Iraqi government “identify the perpetrators and bring them to justice immediately.”

A MESSAGE THAT IS “UNEQUIVOCAL”

President Trump’s envoy issued a stern warning to the armed factions, saying: “Let me be clear and unequivocal: there is no place for such armed groups in a fully sovereign Iraq,” adding a direct American pledge: “The United States will fully support these efforts… Every illegal armed group and those who support it will be pursued, confronted, and held accountable.”

STRONG SUPPORT FOR KURDISTAN

Savaya stressed the firm American position towards the region, affirming that “Washington supports a strong Kurdistan within a unified and stable Iraq.”

The US official urged Baghdad and Erbil to “deepen security cooperation and work closely to protect vital economic and energy infrastructure.”

Trump’s envoy concluded his post by renewing the commitment to help Iraq build its national forces, saying: “Together, we will continue to protect Iraq’s resources, defend its sovereignty, and ensure the security and well-being of all its citizens.”

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INCOME GAP: IRAQ LAGS BEHIND OIL-PRODUCING COUNTRIES DESPITE ITS ENORMOUS WEALTH

(This is what happens when you let Iran, your neighbor steal your wealth along with the politicians. The US is experiencing the same thing but they think that can print endless fiat currency to cover the stolen money.)

The income gap reveals that the per capita share of Iraq does not exceed $5,800, while Qatar and Oman shockingly surpass it, reflecting the failure of oil wealth management to improve the standard of living.

The latest data from the International Monetary Fund reveals an unprecedented gap in income levels within the Arab world. The figures show that the richest Gulf state (Qatar) is ahead of Iraq by more than 1100% in per capita GDP, while the poorest Gulf state (Oman) is ahead of it by 230%. This shockingly shows that Iraqis are effectively living outside the club of oil-producing countries, despite the enormous wealth that their country possesses.

Qatar tops the list with $71,400 per person annually, while Iraq stands at only $5,800, a very low position compared to oil-producing countries, revealing a deep flaw in the conversion of natural resources into economic prosperity.

IRAQ IS OUT OF THE OIL CLUB.

According to the index, even economically unstable countries like Libya ($6,900) and Algeria ($6,100) outperform Iraq.

Oman (the poorest of the Gulf countries in terms of income) is also ahead of it by more than three times, with a share of $19,100 per person.

In contrast, Iraq only surpasses countries with limited resources such as Jordan, Morocco, Tunisia, and Egypt, which places it in the category of a “middle-income economy” despite its enormous oil and human potential. Iraq possesses:

•  One of the world’s largest oil reserves
• Annual revenues exceeding $100 billion
• A huge young and productive workforce

However, the per capita share does not reflect this wealth, indicating a clear imbalance in resource management, weak productivity, and the dominance of unproductive activities.

Three clear economic messages…

1. The failure to utilize oil revenues for the welfare of the citizen, due to the almost complete dependence on rentier economy.

2. The dominance of the public sector and the inflation of operating expenses at the expense of investment.

3. The absence of a diversified economy capable of creating added value and real income for the individual.

What does this mean for the Iraqi citizen?

Thus, Iraq’s ranking reveals that economic growth does not reach the lives of citizens , and that the standard of living does not represent the true wealth of the country. It also places the next government before the responsibility of restructuring the economy and transforming natural wealth into actual development (if it has the ability and will to do so).

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THE CENTRAL BANK WARNS THOSE SPREADING RUMORS ABOUT THE DOLLAR EXCHANGE RATE.

The Central Bank of Iraq confirmed that there is no intention to change the official exchange rate. While noting that the rumors that are spread from time to time aim to speculate in the parallel market, it pointed out that its monetary policy has succeeded in curbing inflation, as evidenced by international recognition.

Alaa Al-Fahd, a member of the Central Bank’s media office, said, “There are parties trying to fish in troubled waters and spread rumors and false news that are outside the Central Bank’s jurisdiction in order to raise exchange rates in the parallel market,” explaining that “the Central Bank always defends monetary policy and the general price level.”

Al-Fahd added that “inflation rates in Iraq have reached, according to international testimony (the IMF and the World Bank), low and historic rates compared to the countries of the region, and have even reached the negative rate, which is happening for the first time and is considered an achievement for monetary policy in preserving purchasing power, especially for the poor classes.”

He explained that “the Central Bank continues to finance foreign trade with high smoothness, while diversifying the basket of foreign currencies (Chinese yuan, UAE dirham, Turkish lira), as well as shifting from the electronic platform to strengthening balances through direct correspondence with global banks,” stressing that “these measures have achieved clear monetary stability.”

Regarding the difference between the official and parallel market rates, Al-Fahd explained that “the price in the parallel market does not reflect the real demand for the dollar, but rather represents an illegal and unofficial demand for speculation, since the Central Bank covers the legitimate demands for financing trade and travel,” noting that “any talk about changing the exchange rate issued by non-experts aims to confuse the public.”

Al-Fahd stressed that “determining the exchange rate is the exclusive prerogative of the Central Bank according to the legal article in Law No. 56 of 2004, and despite coordination with the government and the Ministry of Finance, the technical opinion of the Central Bank at this stage does not support any change or increase in the exchange rate due to the stability achieved in monetary reserves and price levels.”

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THE GOVERNOR OF THE CENTRAL BANK OF IRAQ PARTICIPATES IN THE ARAB BANKING CONFERENCE 2025

The Union of Arab Banks organized He noted that Iraq is moving steadily towards building a strong and modern banking sector, capable of leading financial and economic transformation by enhancing monetary and financial stability and strengthening the banking sector’s capabilities to be more supportive of sustainable development. This will be achieved by relying on the best management and governance standards, and by transitioning towards digitalization and financial and technological innovation. He stressed the importance of consolidating financial inclusion and ensuring the integration of the financial system with the formal economic cycle. 

His Excellency explained that the Central Bank continues to work on implementing a multi-year strategic vision aimed at supporting local and foreign investment and enabling the banking sector to play its vital role in developing the national economy. In closing, His Excellency expressed his gratitude to the Union of Arab Banks and the organizing bodies, stressing the Central Bank of Iraq’s commitment to strengthening cooperation with Arab brothers and developing a more stable, growing and innovative financial environment.
 

Central Bank of Iraq, 
Media Office, 
November 27, 2025

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SAVAYA: BIG CHANGES ARE COMING TO IRAQ

US President Donald Trump’s envoy, Mark Savaya, announced on Sunday that he will arrive in Iraq within the next two weeks, confirming that he carries “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.”

“Big changes are coming in Iraq, and from now on everyone will see actions instead of words,” Savaya said in a press statement, indicating Washington’s seriousness in taking concrete steps toward the outstanding issues.

Earlier today, Savaya confirmed via the “X” platform that the world views Iraq “as a country capable of playing a larger and more influential role in the region, provided that the issue of weapons outside the framework of the state is completely resolved, and the prestige of official institutions is preserved.”

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SAVAYA: I WILL ARRIVE IN IRAQ WITHIN THE NEXT TWO WEEKS.

Mark Savaya, the special envoy of US President Donald Trump, announced that he will arrive in Iraq within the next two weeks, revealing that he is carrying “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.”

In a statement to Rudaw Media Network, which was followed by “Dijlah News”, Savaya pointed to changes taking place in Iraq, saying that “big changes are coming in Iraq, and from now on everyone will see actions instead of words.”

Earlier today, Savaya said on the X platform that the world will now view Iraq “as a country capable of playing a larger and more influential role in the region, provided that the issue of weapons outside the framework of the state is fully resolved, and that the prestige of official institutions is preserved.”

He argued that Iraq now has “a historic opportunity to close this chapter and enhance its image as a state based on the rule of law, not on the power of weapons.” Trump’s envoy warned that Iraq today stands “at a crucial crossroads; either it moves towards independent institutions capable of enforcing the law and attracting investment, or it returns to the cycle of complexity that has burdened everyone.”

On October 19, 2025, US President Donald Trump announced the appointment of Mark Savaya, who was a key figure in his election campaign, as special envoy to Iraq.

Savaya: I will arrive in Iraq in two weeks… Big changes are coming and the proliferation of weapons outside the country must end.

Mark Savaya, the envoy of US President Donald Trump, announced on Sunday (November 30, 2025) that he will arrive in Iraq within the next two weeks, confirming that he carries “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.”

In press statements followed by “Baghdad Today”, Savaya said, “Major changes are coming in Iraq, and from now on everyone will see actions instead of words,” in reference to Washington’s readiness to take concrete steps towards the outstanding issues.

Earlier today, Savaya confirmed via the “X” platform that the world views Iraq “as a country capable of playing a larger and more influential role in the region, provided that the issue of weapons outside the framework of the state is completely resolved, and the prestige of official institutions is preserved.”

He added that Iraq currently has “a historic opportunity to close this chapter and enhance its image as a state based on the rule of law, not on the power of weapons.”

The US envoy warned that Iraq today stands “at a crucial crossroads; either it moves towards independent institutions capable of enforcing the law and attracting investment, or it returns to the cycle of complexity that has burdened everyone.”

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A GOVERNMENT STRIPPED OF FACTIONS: THE AMERICAN CONDITION CLASHES WITH THE WILL OF THE IMF IN BAGHDAD.

All eyes in Baghdad are on the crucial behind-the-scenes maneuvering to form the next Iraqi government, amid unprecedented American pressure.

For the first time, Washington is so explicitly demanding a “non-factional government” as a prerequisite for international recognition of the legitimacy of the entire political process, linking this condition to future economic and security support for Iraq.

The winning political forces, foremost among them the Coordination Framework, the Sadrist Movement, and the Sunni and Kurdish alliances, are continuing intensive negotiations at the presidential and parliamentary headquarters, but they are encountering a solid American obstacle.

According to sources, the US administration, through direct and indirect diplomatic channels, informed a number of political leaders of its categorical rejection of any figure openly associated with armed factions assuming sovereign positions, security ministries, or even some sensitive service ministries.

Washington believes that Baghdad’s commitment to this red line will definitively determine Iraq’s position in the upcoming regional equation, especially in light of escalating tensions with Iran and Israeli concerns about any strengthening of the “axis of resistance’s” influence within state institutions.

According to the information circulating, the United States seeks to establish a new political environment completely free of the dominance of armed factions over executive decision-making, even if they remain represented in parliament.

This American demand clashes with an electoral reality that cannot be ignored: the political blocs affiliated with the factions have won dozens of seats in the new parliament, reflecting the will of a broad electorate in the central and southern regions.

This duality creates a deep tension between the will of the IMF on one hand, and the will of the major international power on the other, and puts Iraqi political forces before a difficult choice: either to accept Washington’s conditions and risk the anger of their popular base, or to proceed with forming a government that respects the election results and exposes Iraq to possible diplomatic and economic isolation.

(All I can say is Hurray! Hurray! And Hurray! again and it’s about time the US put Iran in its place and got them out of Iraqi politics. 😊 )

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IN COOPERATION WITH THE ASSOCIATION OF PRIVATE BANKS, THE FIRST PHASE OF THE “PULSE OF MOSUL” PROJECT HAS BEEN LAUNCHED.

Prime Minister Mohammed Shia al-Sudani launched the first phase of the “Pulse of Mosul” project on Sunday.

The Prime Minister’s Media Office stated in a statement received by “Wadih” that “Al-Sudani launched the (Pulse of Mosul) project, which aims to rebuild the alleys and neighborhoods of the old city of Mosul, inspired by the (Pulse of Baghdad) project, which included the rehabilitation and maintenance of the old areas of Baghdad.”

The statement added that “this came during the Prime Minister’s chairmanship of a meeting attended by the Governor of Nineveh, representatives of the Association of Iraqi Private Banks, a number of advisors to the Prime Minister, and heads of relevant departments in Nineveh, during which the stages of the project and the archaeological and heritage areas that will be targeted were reviewed.”

Al-Sudani pointed out during the meeting the importance of the “Pulse of Mosul” project in reviving the heritage of the ancient city, to be an important tourist gateway and enhance its historical and heritage status.

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POLITICAL ANALYST: WASHINGTON CONTROLS 90% OF THE GOVERNMENT FORMATION DECISION… AND THE COORDINATION FRAMEWORK AWAITS SAVAYA’S CONDITIONS.

Political analyst Rafed Al-Atwani said that the coordination framework is experiencing a “clear state of anxiety” regarding its political future, noting that the parties within it “are still unable to agree on an alternative to Mohammed Shia Al-Sudani,” and that all the names being circulated “are subject to change and are awaiting the opinion of the American envoy, Mark Safiya.”

Al-Atwani explained in an interview with “Al-Manassa Al-Jarida” that the framework is almost convinced that “the formation of the next government and the selection of the prime minister will be subject to the conditions of Safaya,” noting that this reality “puts his political future at stake and pushes him to avoid the risk of putting forward a controversial figure.”

He added that Iran also “does not currently want to engage in a confrontation with the United States,” and that it seeks “calm in order to preserve its political and ideological presence within Iraq” in light of escalating American pressure.

Al-Atwani pointed out that some armed factions have begun to show “unprecedented flexibility” in dealing with these changes, which, in his opinion, reflects “the shrinking of the framework’s options in favor of a new political equation in which the United States will be the most influential player, by up to 90%.”

Al-Atwani concluded by saying that announcing a new prime minister “will be a very difficult task for the framework,” suggesting that the state of waiting will continue until Washington’s requirements become fully clear.

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THE CENTRAL BANK POSTPONES THE REQUIREMENT FOR PRIOR CUSTOMS DECLARATIONS UNTIL 2026 AND EXEMPTS FOUR GOODS FROM THE DECISION.

The Central Bank of Iraq postponed on Monday the requirement for companies wishing to purchase dollars for importing goods to submit a prior customs declaration until January 2026, with the exception of four specific commodities for which the requirement remains mandatory. This postponement comes after the General Authority of Customs had previously announced that the procedure would be implemented starting Monday, December 1, 2025.

The Central Bank, in an official letter to licensed banks yesterday, Sunday (November 30), directed the suspension of the prior declaration requirement until (January 1, 2026), while maintaining its mandatory nature from December 1 of this year for the import of gold and jewelry, mobile phones, cars, and refrigeration equipment.

According to the decision, the application of the prior declaration for companies importing the rest of the goods will be optional until the beginning of 2026, and will become mandatory after that date, while the bank excluded materials that arrived at the border crossings before December 1 and the financial transfer procedures were not completed according to the invoice or commercial contract.

The General Authority of Customs had begun on November 25 to implement the procedure that requires companies to pay customs duties in advance and inform the Central Bank through the ASYCUDA system to allow the entry of goods, which led to difficulties faced by companies in the Kurdistan Region, as the region does not operate under this system.

In this context, Sami Jalal, advisor to the Minister of Interior in the regional government, said in press statements followed by the “Iraq Observer” agency, that “the Kurdistan Region is not part of the ASYCUDA system, and we will be in negotiations with Baghdad regarding pre-clearance customs to resolve this issue by the new year.”

Companies in Iraq and the region benefit from the official dollar exchange rate set by the Central Bank at 131,000 dinars per 100 dollars, as part of measures to regulate import financing and control border crossings.

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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

F.Y.I. There will be no Newsletter on Thanksgiving Day unless something BIG happens. Please relax and enjoy family and friends on this holiday. Be thankful for all we have!

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:

November 25, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. Oh boy…. have I got news for you! We are almost there.

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!

____________________________________

Luke 11:9

“So I say to you, ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you”.

STATUS OF THE RV

________________________________________

No! There is no RV or Reinstatement of the Iraqi dinar yet. There are NO newer smaller category notes issued or pictures even shown to anyone yet by the CBI and that includes the 10 and 50 categories. This is per my CBI contact.

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 so let the FACTS speak for themselves.  

I also want to thank everyone for their lovely and heart-felt comments especially from one of my loyal readers Joy Snyder. It is nice to know I am appreciated for all the hard work I do to bring the TRUTH and UNDERSTANDING about this investment to you.

If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is mid-November and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

This is going to be a very long read today and so settle down in a comfortable chair, grab a hot cup of tea or coffee and relax. Try to absorb what I am about to tell you. Remember that the RV we are looking for can still be killed (stopped/delayed) and nothing is certain. I know they have told us it is motion now and it is but until they switch out the currency, they can still delay this reinstatement.

I also would want everyone to listen carefully to the ENTIRE audio commentary when you clicked on the Newsletter today. It is chockfull of information. Play it again and again if you didn’t get what  is being said. We are almost done with this RV saga. It is so close I can smell it like I smell a roasting turkey in the oven…lol.. lol.. lol..

Remember the CBI has been telling us for over a decade they need SECURITY and STABILITY to pull this RV off. Do they now have it? In the audio commentary I am trying to demonstrate that in fact Iraq does now have the stability they need. You will learn clearly what their definition of stability is and how they apply it. We are there!

In today’s news, like so many other Newsletters, I am going to take a couple of the main threads in the news and dive deeper and connect the dots for you. I hope this will make much more sense of the articles and tie them all together for you. I am doing this because if you know anything from all the past news, I brought you, we can clearly now see that the next step is the move to removing the zeros and then to reinstate the dinar. It is not about paying off Iraqi debt and stabilizing the dinar. These are not major concerns of the CBI at this time as they know the dinar is already stable with the policies now in place. The debt is not enormous and in fact is much less than most Arabic countries. Be careful when you read many of today’s articles. I will try to clarify them for you.

Many of you ‘glass half empty’ people may not see it as I do because you don’t read the articles as I bring them and you give up reading my Newsletters. All you want is a date and a rate, then you exit my Newsletter. That is a shame since you are really missing out on some fantastic news.

So, what are the two main threads that I am going to clarify?

There is so much news pouring out of Iraq in all areas. The two main areas of concern seem to be the following two issues of the lingering parallel market rise and the elections. I will address them and connect them to the RV and why its important or not, to resolve them first.

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First Issue: The Parallel Market Rise

There is still the lingering issue of the parallel market vs the ‘official’ CBI rate. To have stability in the economy the CBI must control the parallel market. Recently there seems to be ongoing spikes in the parallel market and many believe this can be resolved with an increase in the ‘official” CBI rate, which really means a devaluation. When any of these articles I present today talk about a ‘rate increase’ they are actually talking about increasing the amount of dinar to buy 100 US dollars like increasing from 1320 to 1400 or 1440. So this is not a good thing as it actually decreases the rate of the dinar against the dollar (devaluation). We want the inverse. Get it?

Why do many economists feel the issues with the dollar recently can be resolved by raising the ‘official’ CBI rate again to over 1320 to something like 1400 or 1440 to fix the dollar crisis. But will it? What other issues are involved that will be impacted if the CBI did change the rate?

😊 In the article titled “AN ECONOMIST IDENTIFIES A REASON BEHIND THE SUDDEN RISE OF THE DOLLAR AGAINST THE IRAQI DINAR” on Tuesday, economist Manar Al-Obaidi attributed the rise in the exchange rate of the dollar against the Iraqi dinar in the parallel market to the imminent implementation of the customs pre-calculation mechanism. While praising this mechanism, he said that despite its temporary side effects on the local market, it will raise the country’s customs revenues to 6-8 trillion dinars annually. So, the key word here is temporary

The he added that “despite the widespread talk about an intention to change the official exchange rate, the Central Bank’s statement was clear and decisive: ‘There will be absolutely no change in the exchange rate,’” adding that “this announcement alone confirms that the Central Bank is committed to monetary stability and will not make any changes to the official rate.” Now I want to reiterate again this is not the exchange rate that we are looking at for our RV. Iraq is still on the sole peg to the dollar. Remember also this is actually a good thing in that the CBI is not going to change the exchange rate as they would change it to something like 1400 or 1440 that actually lowers the value of the dinar not make it greater.

So, I want everyone to understand today that the mess they are in about the customs and tariffs and the wide speculation in the increase in revenue it will generate that this comes with a price as the price of goods may go up since they cost more for the importer. Get it? But the Iraqi economy must adjust. Does this increase the purchasing power of the citizens? No, of course it will decrease but not enough to cause massive inflation. The CBI knows this and is not going to make ‘knee jerk’ reaction and raise the official rate to 1400 or 1440 just because some economists write their ‘opinion’.

We see this absolute silliness even more in one of today’s article (among many) titled “AN EXPERT QUESTIONS THE ANNOUNCED INVESTMENT FIGURES IN IRAQ, PREDICTING A SIGNIFICANT RISE IN THE EXCHANGE RATE” when on Saturday, 11/22 Nabil Al-Marsoumi, an economics professor at the University of Basra, questioned the amounts announced for investment in Iraq, while predicting a “significant” increase in the exchange rate. He also called for reforming the salary system and “moving away from media hype in assessing the Iraqi economic reality.” But remember his version of increasing the exchange rate is to go backwards not forwards. Get it? I do not feel his predictions will happen, he is purely speculating and economists should not do this. They should stick to FACTS and Al-Marsoumi is not well-informed.  

Al-Marsoumi, noted that “the exchange rate should be changed, and I expect it to be between 180,000 and 200,000 dinars per 100 dollars.” WOW this would absolutely kill the Iraq economy. Do you see how silly these solutions are? They do not take into consideration all aspects of the economy. Then in contrast, economist Alaa Al-Fahad described the weakness of non-oil revenues as a “major problem”. Yes, we already know that Iraq must diversify and under the leadership of al-Sudani this plan is already in motion. Why don’t they mention all the good reforms like almost doubling the oil revenues since Kurdistan reopened the major pipeline to the Basra ports along with the new wells being drilled. Seems their cup is always half empty rather than half full. But I have to add that Al-Marsoumi’s suggested solution tops them all for stupidity. This is not just my opinion but comes from my CBI contact when we reviewed many of these articles over the weekend in my call to Iraq.

Everyone should go read today’s article titled “LEARN ABOUT THE “SECRET OPERATIONS ROOM” THAT MONITORS THE PULSE OF THE IRAQI ECONOMY AND PROTECTS THE DINAR FROM FLUCTUATIONS” in full contrast to Al-Marsoumi’s suggested knee-jerk solution to the problem of the parallel market.

While the domestic debate continues regarding the exchange rate and the future of the dinar, the Central Bank of Iraq’s recent statement on the tasks of its Investment Department has revealed another dimension to the monetary landscape—one that is deeper, less visible, yet highly influential. This department, which manages foreign reserves and balances global market risks, is now described by economists as the “silent backbone” of the Iraqi economy, alongside oil, and the foundation upon which the most significant financial transformations underway in the country are taking place.

Economic expert Nasser al-Tamimi confirmed to Baghdad Today that the department has transformed in recent years from a traditional bureaucratic unit into a true center of gravity, preserving the stability of public finances and defining the Central Bank’s room for maneuver in the foreign exchange market. He told Baghdad Today that the prudent management of foreign assets—from government bonds to gold, deposits, and low-risk instruments—has enabled Iraq to weather the waves of global market turmoil and mitigated the impact on the dinar and the country’s financial balance.

The Central Bank’s technical statement, while employing specialized language regarding balances, transfers, and investment plans, nonetheless attracted the attention of international experts who analyzed its implicit messages. Bankers point out that the Central Bank’s explicit declaration that the department’s activities aim to stabilize the exchange rate does not necessarily mean an immediate appreciation of the dinar.

Here’s the part that I like most in this article and I quote – “However, it is a strong indication that preparations for a stable monetary reform have effectively begun. These experts believe the Central Bank is waiting for the “safest moment” to take any significant steps, given the extreme sensitivity of the Iraqi market. Any adjustment to the exchange rate system—whether an appreciation or a restructuring—requires a robust structure capable of absorbing shocks.”

It becomes obvious when economic experts like Nasser al-Tamimi come forward with FACTS to back up his statements they make much more sense and we can see the CBI has a plan and is working towards that plan. Part of the plan is to remove the zeros and then move to FOREX pending a review for inflation. Again even al-Tamimi is telling us the next measures must be carefully planned and they must pick the “safest moment” to take any significant steps. Remember these next moves are drastic but they are long awaited and the people have been educated and expect them.

Bottom line in looking at this recent surge in the parallel market is that “Iraq’s reserves now exceed $100 billion,” indicating that “there is significant international praise regarding the Central Bank’s management of the financial file.”

Al-Fahad said: “There is a great understanding between the Ministry of Finance and the Central Bank,” noting that “the Central Bank has refused more than once to tamper with the exchange rate, and the next government should stay away from the exchange rate and not manipulate it.”

Yes, this is the part that really scares me in that the result of this next election they put in some idiot into the office of prime minister who then proceeds to kill everything good that Al-Sudani and the CBI has accomplished much like Joe Biden vs Trump. Since Iraq is now on the verge of going forward with the final stages of the plan to reinstate this would not be a good thing for us investors to watch happen. So, we carefully watch this election cycle play out and pray that al-Sudani or someone like him is the next prime minister. Also that they can move on the next government quickly.

Are the spikes in the parallel market beyond the ‘official’ rate really a huge concern for the CBI?  

I have to say unequivocally NO! These spikes in the dollar are not a major concern for the CBI and Ali al-Alaq, the governor of the CBI has told us this many times and made it very clear. This lack of a major concern stems from the fact that Alaq knows the reasons for the spikes and these reasons are being addressed but take time to implement. These spikes were expected, as he also told us. Alaq also knows the ‘next stage’ and what is coming.

However, there are economists that do not feel the same way as Alaq. They conjure up articles and publish them. The information may be factual in some, just very outdated. They do not know or understand the true economy of a capitalistic state and still rely on a socialist ideology concepts of the Saddam Heisen era as their main driver for solutions. They may also not be aware of the planned financial reforms already put in place or planned for the very near future.

Experts have differing views on the nature of the government’s measures and their results, with a general agreement on the need for a comprehensive reform package rather than relying on a single tool. One single tool would be a devaluation.

So, to us investors, as we read many of these articles, we must understand what is really happening behind the scenes. We must dig deeper to understand and go beyond some, not all of these articles. I call them foolish articles, much like propaganda. Boy oh boy, I have to tell you there are a couple of these articles published recently, and you would think that the author was living ten years ago and not in the current situation, as they do not even mention all the financial reforms but rather concentrate on how the economy was in the past. They even go so far as to insist on financial reforms that have already been put in place. Yes, it is ironic or should I say pathetic?

So, we know that in Iraq, the exchange rate of the US dollar has been under renewed pressure recently, amid widespread economic debate about the reasons for the rise and its impact on the general budget and the local economy. Remember that the finance committee had to hold off on the 2025 projects due to lack of funding which was caused by a sudden drop in oil prices, below what the budget could endure. To me this was a VERY GOOD thing and financially responsible. Rather that criticizing these moves, (without giving their own sound solutions) the economists should be praising the government.

These so-called ‘experts’ have differing views on the nature of government measures and their results, with a general agreement on the need for a comprehensive package of reforms instead of relying on a single tool. Oh… is this not already what the CBI is doing? What the hell do they think a ‘comprehensive package’ means? It’s a package of many not a single tool. The CBI now has this comprehensive package of reforms, and they have already rolled out many but it takes time to work, as they must work together to resolve these issues. Let’s take a look at some of the reforms already in place:

• De-dollarizing Iraq;
• Mandatory electronic deposits for Baghdad salaries, no more cash
• Ending the currency auctions and going to correspondent banks for transfers;
• Limiting the amount of dollars for travel abroad;
• The Customs and Tariffs reforms (the Ascuda System);
• The ISX Stock Market reforms;
• The Insurance reforms;
• All these wonderful projects like the Development Road and Port of Faw projects;
• Redefining the valuable natural resources within Iraq and the plans to bring them to market;
• Instituting banking reforms for private banks, even closing banks that can’t meet solvency limits;
• Now we just learned about mandatory electronic deposits for all Kurdistan salaries, no more cash (we knew a year ago that they told us they needed Kurdistan to follow Baghdad on this move);
• Etc. etc,

You know, I could go on and on with all the reforms from just the past four years. And so what the hell are these economists talking about when they say needing more reforms? Iraq is at the point in that the ‘currency reform’, removing the zeros coupled with the digital currency could be the answer they have been waiting for. But as Alaq has said this takes careful planning and first they had to put other measures in place.

For instance, Kurdistan just announced that all public employees and salary recipients in the Kurdistan Region will be required to receive their salaries digitally through personal bank accounts under the MyAccount project, the Region’s finance ministry announced Sunday, adding that cash payments will no longer be available starting at the beginning of 2026. Was the CBI waiting for this? The finance ministry’s statement comes as the initiative for the next stage enters its final stretch. The deadline was established under a February agreement between Baghdad and Erbil requiring all public employees to open private bank accounts by the end of 2025 to ensure salary payments. Why is this important to us investors?  

😊 You might want to go read the recent article titled “GOVERNMENT ADVISOR: DIGITALIZATION AND INCREASING NON-OIL REVENUES ARE FUNDAMENTAL TO FINANCIAL REFORM.”  I believe the article speaks for itself as to why it was so important to get Kurdistan on the electronic payments of salaries. Yes, no more cash being handed out. Will this finally break the parallel market?  

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Second Issue: The Elections

The elections and getting al-Sudani a second term are important to us investors. Then what will the US want out of the new al-Sudani government?

If you want to catch up on the process of electing the next prime minister, president and speaker of parliament, I bring you three important articles on this subject matter you might want to take a look at.

• AL-RUBAIE SETS A DATE FOR THE START OF CONSULTATIONS TO FORM THE NEXT GOVERNMENT AND REVEALS DETAILS OF THE FRAMEWORK COMMITTEES.

Former MP Ayoub Al-Rubaie set on Thursday the date for the start of official consultations regarding the formation of the next government, stressing that the coordination framework has prepared more than one special committee to accelerate the pace of the decision.

• “THE FRAMEWORK REDUCES THE CANDIDATES FOR THE PREMIERSHIP TO 3, AND A COMPREHENSIVE MOVEMENT IS UNDERWAY TO NAME THE PRESIDENCIES.”

An informed source revealed on Thursday the three most prominent candidates for the position of Prime Minister. He added that “there are 3 candidates, one of whom will be named through voting within the framework, namely the outgoing Prime Minister Mohammed Shia al-Sudani, the head of the State of Law Coalition Nouri al-Maliki, and the head of the intelligence service Hamid al-Shatri.”  Just so you know I had shivers down my spine when I read the name Nouri Al-Maliki. If he gets the job we may be doomed, Iraq is doomed. How in hell did he ever wiggle his way in position again to even be considered? Does this show you how corrupt the process can be?
So the show is not over until the fat lady sings…lol.. lol.. lol..

• “AL-KALABI POSES 18 QUESTIONS TO THE FRAMEWORK REGARDING AL-SUDANI’S PERFORMANCE AND CALLS FOR A PUBLIC DEBATE.”

Former MP Youssef Al-Kalabi addressed an official letter today, Thursday, to the leaders of the Coordination Framework and the committee tasked with interviewing applicants for the position of Prime Minister, demanding that caretaker Prime Minister Mohammed Shia Al-Sudani be held accountable for a number of files that he said were “documented with evidence,” should the latter apply to occupy the position again.

So, the Coordination Framework block will once again decide on the next government since al-Sudani’s party has united and given them all his votes. I guess his strategy is that either he has the best chance of having a second term this way or else he will now be a major player in the selection of someone else. Either way he hopes he can keep the train rolling down the tracks for the financial reforms and what we are looking for – the removal of the zeros and the follow-up reinstatement.

But remember there are still these five (5) issues of the U.S. still lingering and the U.S. has signoff power for any reinstatement to happen. So, in looking at these five issues we must also be open-minded and that the result may not be what we imagine in our heads. For instance in dealing with the Iranian backed militias inside Iraq, the U.S. could potentially settle for their prime minister choice, then work with him to come up with a plan to deal with the militia in the long-term.

You might want to take a long read of today’s article titled ““A HIGHLY ANTICIPATED US VISIT AND SAVAYA’S APPEARANCE AT THE PENTAGON SEND STRONG MESSAGES ABOUT A “COMPLETELY DIFFERENT PHASE” IN IRAQ.” This article ties directly into our second issue thread of today in that the elections could effect everything if they decide to put a Bozo as the prime minister. In the article is states “What does Washington have up its sleeve?”. I reallylike this statement as it says it all.

Baghdad is preparing to receive a high-level American delegation in the coming days, at a time that suggests Washington has decided to move from a phase of quiet observation to one of targeted intervention, coinciding with the redrawing of the power map after the elections. The visit comes as the controversy surrounding the surprise appearance of US Special Envoy Mark Savaya —a move widely interpreted as a direct political message rather than a routine meeting.

Political sources confirmed to Baghdad Today that the American delegation’s visit is not merely a protocol visit, but rather carries a clear position regarding the formation of the next government. Washington wants a stable and effective government that does not reflect parallel power structures between the US and Iran.

There are also two other articles that also address the same issue as follows and you might want to take a peek at them too:

“US WILL NOT ACCEPT ‘OUTSIDE INTERFERENCE’ IN IRAQ’S NEW GOVERNMENT, SPECIAL ENVOY SAYS”

“DIRECT CONTROL FROM “SAFAYA-TRUMP”: IS THE WHITE HOUSE SHAPING THE GOVERNMENT INSTEAD OF IRAQI FORCES? – URGENT Soft change”

We as investors as well as the U.S. government under the Trump administration are waiting for the results of the election. I do not think they will come out with the prime minister until after US Special Envoy Mark Savaya’s visit. Al-Sudani has the BEST chance of having a second term. Since he moved his votes to the Coordination party his chances increased tremendously. This meeting is happening this week prior to Thanksgiving. So, if I hear any good news I will have a short Newsletter on Thursday to inform you of what news may come out of it. I will also have my normal Wednesday call to Iraq and so I will also let you know what my contact believes will happen next. Let’s pray it is what we want and the CBI can move ahead with the planned next phrase of the currency reform which is really a long awaited financial reform on steroids.

Remember that your appreciation keeps this Newsletter alive and helps with the calls to Iraq. If you have not yet helped out this month or feel a need to help again please do so. I feel the combination of the calls, the articles and rumors help to clarify what is happening in Iraq on this subject matter. I do not go to only one source such as a three-letter bullshit agency, or a bank manager then believe all their crap. Remember that this guy TNT Tony and his brother Ray as well as MarkZ or even Bruce may sound very convincing and have their members all brainwashed. But I had the exact same contacts trying to convince me of this every day stuff too over the last decade and I simply refused to believe their bullshit based on the FACTS that I knew. I used my own common sense and experience with the Iraqi people to help figure this out. I don’t need the hype or lies.

“This ambitious project aims to rename the Iraqi dinar by removing three zeros from its nominal value to better reflect the country’s growing economic strength. This move, which has been the subject of rumors for years, is currently under active development, with comprehensive studies and simulations having been completed. According to the Governor, the process will be gradual and meticulously planned to ensure financial stability while unlocking the currency’s true potential. “

So we must conclude by connecting all the pieces of the news. This recent news is telling me they intend to begin the project to delete the zeros on December 1^st. They will have a month complete this stage of the process.

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? Will the reinstatement follow? Will you be rich?

I also at this time I have to ask for appreciation from my readers. Again, I ask because this is a second job for me now and I would like to get some appreciation for the job I do. Would you work for nothing if you were in my shoes. We must all now step up.

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.

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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

“Martial Law Must Take Place To Free Your Nation”

You can start watching the video at the 16:14 mark.  From Nov 16th.

Martial law is the replacement of civilian government by military rule and the suspension of civilian legal processes for military powers. Martial law can continue for a specified amount of time, or indefinitely, and standard civil liberties may be suspended for as long as martial law continues. Most often, martial law is declared in times of war or emergencies such as civil unrest and natural disasters. Alternatively, martial law may be declared in instances of military coups d’état.

Martial law is how the government gets to military tribunals we have been hearing about for the past 10-20 years of prophecies. God is telling us now through Julie Green that these will be necessary as our current court system is dysfunctional. These tribunals will be WWII Nuremburg style courts set for this purpose. They will rule on cases and hand down sentences. This corruption has been going on in our government all way too long as they protect each other, accept bribes and give death threats and so it is even hard to get justice. This will be necessary because of all the corruption that is within the justice system of the district courts. It is hard to get a fair trial. It’s coming and so be prepared mentally when you see it. We recently witnessed the crossing of the red line with the six democrats outright telling the military members to mutiny. Why? It’s because they know that martial law is coming. Get it? This should be yet another sign of proof to you of what I know to be true.

We are not to be fearful as this will NOT be a total shutdown of the nation like for COVID. Things will basically go on as normal daily life, however there will be a seed of martial law within the justice system of the government. It will be announced and televised. These court cases will be on TV daily. Glenn Beck does a good job of explaining it.

UFOS ARE NOT JUST IN OUR IMAGINATION ANYMORE…OR WERE THEY EVER JUST IMAGINARY?

Around 1986 I ran across a prophecy called “Pheonix Rising” by May Summer Rain.

You can go buy it on Amazon.com and read it for yourself and then tell me you too do or don’t see these prophecies happening in real life. You can just comment me on this blog how you feel. It’s is amazing what is happening in this time. So far everything she has documented from the native American woman, from the Chippawa tribe  who gave her the prophecy has come to be. In the prophecies she also talks about UFOs (now renamed to UAP for only God knows why). The prophecy says there will be total exposure of the alien crafts and we may even have an opportunity to go upon and visit one on display.Yes, this is going to be total exposure. I can not give you a firm date and like the IQD RV, only certain people know when this is all going to come all out. But by the current news on this subject it is not hard to determine it is soon, and I mean soon!

Come ‘ on folks this is now national news from a national network. The people interviewed are VERY creditable people. Are you a believe or do you still want to poo poo it? When it happens to you and you see one then what? I actually have a family member who did see a round ship, took actual photos and so I personally know something is not right.

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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.  

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

HOW TO LOOK PENNILESS IN THE PUBLIC RECORD

Today we’re diving into why it’s crucial for real estate investors, stock investors, business owners, and wealth builders to appear “penniless” in the public record. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here 👉 https://aba.link/i93

How an LLC can actually work against you.  

Don’t have your personal name or address in any public record.

Are offshore assets or accounts really protected?

Are vortex trusts a scam for tax protection?

Don’t misuse a legal entity and take it to extraordinary measures, it won’t work.  

I really, really, really encourage everyone to watch this video and learn from it.

Now I know that many of you may have already researched getting a LLC or a Trust to protect your money against creditors and reveres law suits. But after watching this video today I feel you can learn even more and that there are some caveats that can really work to your benefit all depending upon the state you file your entity in. It’s just a matter of working with your attorney and help to guide them on what you want.

Basically, it all amounts to how much privacy a particular state is willing to give for a legal entity. Attorneys can research this for you but you have to find a good one willing to do it for you. What I am saying is you may think you are protected in a particular state and then find out later, when sued, that your records are not that protected from preying eyes after all.

Another key lesson I learned is it is much easier to use the entity instead of your own name and address from the very start and get it on the dead when you purchase a property or business, rather than have an attorney later try to fix it, after some damage is already done.

Listen carefully what these attorneys are saying….

5 STATES CUTTING PROPERTY TAXES TO ZERO

BONDI TAKES ACTION AFTER JUDGE DISMISSES COMEY, JAMES CASES: ‘IMMEDIATE APPEAL’

‘MILITARY COURTS’ COMING, ENOUGH IS ENOUGH…

‘MILITARY TRIAL’ ? DEM SENATOR FIRES BACK AFTER HE GETS THE WORD

This is evolving as I write this today. This is no joke! Note I am no longer using the term ‘if’ but ‘when’.

WHAT PRESIDENT TRUMP JUST DID TO ILHAN OMAR AND HER DISTRICT. 

THE ‘BUBBA EFFECT’: THE RED LINE HAS BEEN CROSSED!

Yes, I am bringing this to your attention. Someone does care about it and want to do something about it. This ties directly to the prophecy of today.

ILHAN OMAR IMPLICATED IN $250,000,000 MILLION FRAUD RING.

Yipes! That a lot of mulla! Let’s see how she wiggles her way out of this one….

AN EXPERT QUESTIONS THE ANNOUNCED INVESTMENT FIGURES IN IRAQ, PREDICTING A SIGNIFICANT RISE IN THE EXCHANGE RATE.

(I think this guy is a quake! )

On Saturday, November 22, 2025, Nabil Al-Marsoumi, an economics professor at the University of Basra, questioned the amounts announced for investment in Iraq, while predicting a “significant” increase in the exchange rate. He also called for reforming the salary system and “moving away from media hype in assessing the Iraqi economic reality.”

Al-Marsoumi said in a televised interview followed by “Al-Jabal” that “internal debt is not beneficial to Iraq, but repayment continues,” asking: “Is it reasonable to resort to selling assets to address internal debt?”

He added that “internal debt is not for building projects and investments, but rather for covering current expenses,” calling for a move away from “media hype” in assessing the economic reality.

He continued, “There is no official data to support the government’s announcement regarding fuel self-sufficiency,” noting that “they talk about attracting $100 billion in investments, and Dubai World has only received $50 billion.”

He pointed out that “the financial failure is accumulated from previous governments and the salary system needs to be reformed,” and asked: “Would some groups agree to reduce their salaries?”

Al-Marsoumi stated that “most of the MPs who won obtained their votes through promoting appointments.”

He said, “The UAE has seven sovereign wealth funds, while Iraq doesn’t have even a quarter of one,” noting that “Iraq’s ability to borrow from banks has become limited, and this is a predicament.”

He explained that “reforming the salary system and state property are the most prominent areas that should be addressed,” revealing “imports entering Iraq through unofficial ports.”

He noted that “the exchange rate should be changed, and I expect it to be between 180,000 and 200,000 dinars per 100 dollars.”

In contrast, economist Alaa Al-Fahad described the weakness of non-oil revenues as a “major problem”.

Al-Fahd, who was present at the same meeting, said, “A lot of the debt will be converted into investment projects, and this is not a problem,” indicating that “weak non-oil revenues represent a major problem.”

He pointed out that “the absence of the Development Fund puts the next government at a crossroads,” noting that “external debt has decreased, but radical solutions are absent, and talk of large figures regarding debts confuses the Iraqi public.”

He added that “Iraq’s reserves now exceed $100 billion,” indicating that “there is significant international praise regarding the Central Bank’s management of the financial file.”

He said: “There is a great understanding between the Ministry of Finance and the Central Bank,” noting that “the Central Bank has refused more than once to tamper with the exchange rate, and the next government should stay away from the exchange rate and not manipulate it.”

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AN ECONOMIST SAYS US SANCTIONS ARE ON THEIR WAY OUT AND IRAQI BANKS ARE ENTERING A PHASE OF OPENNESS.

(Mnt Goat: and what is this new phase of openness? It does not get any more open than to get on FOREX, does it? )

Anticipated financial breakthrough

Economic expert Manar al-Obeidi affirmed that Iraq is moving towards greater banking openness, which will facilitate the flow of funds and create a more attractive environment for investors. He noted that the government has successfully addressed most of the financial issues with the United States, which will gradually reduce the impact of sanctions. Al-Obeidi emphasized the need to eliminate overlapping jurisdictions among institutions and grant investment authorities broader powers to ensure a clear plan that supports economic development.

Manar Al-Obaidi – an economic expert, in a dialogue with journalist Ali Qazan:

The Iraqi banking sector is moving towards greater openness to the world, away from the problems and difficulties that were occurring, and I believe that this will be positive in terms of investment and money transfers.

The significant overlap in powers between institutions is one of the biggest challenges facing investors. Therefore, this problem and overlap must be addressed, and broader powers must be granted to investment authorities in the governorate, and there must be a clear plan for investment in Iraq.

The Iraqi government has been able to resolve many of the financial issues with the American side. With the reforms that Iraq has undertaken to enhance transparency and prevent money laundering and smuggling, I expect that over time the impact of the American sanctions will largely disappear.

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LEARN ABOUT THE “SECRET OPERATIONS ROOM” THAT MONITORS THE PULSE OF THE IRAQI ECONOMY AND PROTECTS THE DINAR FROM FLUCTUATIONS.

While the domestic debate continues regarding the exchange rate and the future of the dinar, the Central Bank of Iraq’s recent statement on the tasks of its Investment Department has revealed another dimension to the monetary landscape—one that is deeper, less visible, yet highly influential. This department, which manages foreign reserves and balances global market risks, is now described by economists as the “silent backbone” of the Iraqi economy, alongside oil, and the foundation upon which the most significant financial transformations underway in the country are taking place.

Economic expert Nasser al-Tamimi confirmed to Baghdad Today that the department has transformed in recent years from a traditional bureaucratic unit into a true center of gravity, preserving the stability of public finances and defining the Central Bank’s room for maneuver in the foreign exchange market. He told Baghdad Today that the prudent management of foreign assets—from government bonds to gold, deposits, and low-risk instruments—has enabled Iraq to weather the waves of global market turmoil and mitigated the impact on the dinar and the country’s financial balance.

The Central Bank’s technical statement, while employing specialized language regarding balances, transfers, and investment plans, nonetheless attracted the attention of international experts who analyzed its implicit messages. Bankers point out that the Central Bank’s explicit declaration that the department’s activities aim to stabilize the exchange rate does not necessarily mean an immediate appreciation of the dinar. However, it is a strong indication that preparations for a stable monetary reform have effectively begun. These experts believe the Central Bank is waiting for the “safest moment” to take any significant steps, given the extreme sensitivity of the Iraqi market. Any adjustment to the exchange rate system—whether an appreciation or a restructuring—requires a robust structure capable of absorbing shocks.

At the heart of this shift, two phrases in the Central Bank’s statement caught the attention of experts: “operational continuity” and “risks associated with oil revenue currencies.” These are phrases typically used in international contexts related to deep monetary reforms and preparing for potential fluctuations that may accompany opening up to global markets. Specialists interpret this as part of restructuring Iraq’s financial sector infrastructure in line with IMF recommendations, the requirements for joining the World Trade Organization, and gradual integration into the global financial system.

However, the most sensitive transformation is not limited to the investment sector alone, but encompasses an entire system being developed in parallel. Starting Saturday (November 22), all cross-border payments in Iraq will transition to the ISO 20022 standard, the system adopted by the most advanced economies. Furthermore, all banks in Iraq have been mandated to finalize their capital plans according to the ICAAP model and undergo rigorous stress tests to demonstrate their ability to withstand exchange rate fluctuations of up to 30%, a collapse in oil prices, or a sudden run on deposits, while maintaining their solvency.

Economists believe these two steps are not merely technical updates, but rather represent—quite literally—the final two key conditions that the International Monetary Fund, the US Treasury Department, the Bank for International Settlements, and major correspondent banks in New York and London stipulated must be met before Iraq could fully participate in the international foreign exchange market. They emphasize that the fundamental problem with the dinar today is not its market value, but rather that Iraq remains “blocked” from the global exchange market, and that adopting Basel III-ICAAP and ISO 20022 standards is what will pave the way for gradually lifting this blockade.

Analyses indicate that the Iraqi dinar remains trapped in a restricted market, unable to be traded in large quantities except through the daily dollar auction. Furthermore, prior to adhering to the new standards, local banks appeared structurally unstable to international banks, and their payment channels relied on outdated SWIFT systems dating back three decades, placing them under suspicion of money laundering.

Now, with banks required to disclose their actual capacity to absorb shocks, the pretext that prevented major international dealers from dealing directly in dinars is diminishing.

In this context, experts believe that Iraq is nearing the end of the “forced peg” of its exchange rate, which effectively began in October 2021 when it was announced that “the rate will remain fixed until 2025.” With this date approaching and the technical requirements for monetary reform being finalized, some believe that Iraq may be entering a new phase that might not be a direct revaluation of the dinar, but which will at least pave the way for a more stable and transparent exchange market.

Al-Tamimi concludes by saying, “Oil provides the funds, but it is the investment department that ensures those funds are not lost to market fluctuations.” He adds that the next phase may witness an expansion of the department’s role in regulating monetary policy, and that the strength of reserves and the stability of the banking sector will be the most decisive factors in the future of the dinar.

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A HIGHLY ANTICIPATED US VISIT AND SAVAYA’S APPEARANCE AT THE PENTAGON SEND STRONG MESSAGES ABOUT A “COMPLETELY DIFFERENT PHASE” IN IRAQ

What does Washington have up its sleeve?

Baghdad is preparing to receive a high-level American delegation in the coming days, at a time that suggests Washington has decided to move from a phase of quiet observation to one of targeted intervention, coinciding with the redrawing of the power map after the elections. The visit comes as the controversy surrounding the surprise appearance of US Special Envoy Mark Savaya at the Pentagon has yet to subside, less than four hours after the same coordinating body announced its formation as the “largest bloc”—a move widely interpreted as a direct political message rather than a routine meeting.

Political sources confirmed to Baghdad Today that the American delegation’s visit is not merely a protocol visit, but rather carries a clear position regarding the formation of the next government. Washington wants a stable and effective government that does not reflect parallel power structures. The US administration believes its political and economic support is contingent on Baghdad’s ability to establish a governing framework that prevents armed groups from influencing executive decisions and ensures that the instruments of power remain solely in the hands of state institutions.

Behind these messages lies the issue of uncontrolled weapons, a central focus of the American approach. Washington believes the incoming government will face a direct test regarding the role of factions within the political process, the nature of their participation in governance, and the limits of their security influence. Diplomatic sources believe the United States wants clear commitments before fully recognizing the new government and may escalate pressure if it perceives the political equation as shifting toward a factional government with significant parliamentary influence.

The economic dimensions are equally, and perhaps even more, present than they appear on the surface. The US administration is preparing to revive major projects such as investment in Baghdad International Airport, which has returned to the forefront as a strategic project no less important than oil and energy. There is talk within US circles of a desire to develop the airport through operational and investment partnerships that would provide it with an advanced operational infrastructure and connect it to a broader network of commercial air transport. There is also a push to expand US investment in oil and gas fields and to develop the energy, transportation, and port sectors, as these are considered key to long-term economic stability in Iraq.

The appearance of Savaya within the Pentagon has given these files an added dimension. International relations expert Hussein al-Asaad, speaking to Baghdad Today, believes that placing the Iraqi file on the desk of the Secretary of Defense, rather than the State Department, reflects a shift in Iraq’s focus from diplomatic discussions to direct U.S. national security concerns. Al-Asaad explains this shift as a result of growing anxiety in Washington regarding the future of foreign forces, the activities of armed factions, threats related to regional conflict, and the nature of the next government and the potential changes it might bring to the balance of power.

Al-Asaad points out that Savaya, with his economic background, represents a bridge between the security and investment sectors, making his presence at the Department of Defense a sign that Washington is now dealing with the Iraqi file as a complex issue that combines security, politics, and economics. From this perspective, the United States’ aspiration to restructure its economic presence in Iraq is no longer separate from its security vision, but rather complements it.

As for the timing, diplomatic sources confirmed to Baghdad Today that publishing photos of the meeting just hours after the announcement of the “largest bloc” coordination framework was not a spontaneous move. According to these sources, Washington wanted to send a clear signal to the political forces that the formation of the next government would be under direct scrutiny, and that the United States would not be lenient with any political formula that weakens the state or opens the door to unchecked influence.

Observers believe that Iraq finds itself at a critical juncture with multifaceted dimensions. Political forces are moving towards forming a government that, thus far, appears to lean heavily towards the influence of armed factions. Washington is intensifying its messaging through the anticipated visit and the movements of the Savaya delegation. Economic issues are resurfacing strongly, from the airport to the oil fields to energy projects. And the regional environment is exerting significant pressure on the shape of future policies in Baghdad.

Between these overlapping circles, the next phase appears governed by a delicate equation: no governmental stability without calming the security situation, no international support without a clear economic vision, and no internal balance without redefining the boundaries of political and military influence. At the heart of this equation, the United States stands closer than ever to the government formation process, at a moment when the first outlines of the coming years are being drawn.

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US WILL NOT ACCEPT ‘OUTSIDE INTERFERENCE’ IN IRAQ’S NEW GOVERNMENT, SPECIAL ENVOY SAYS

Washington is ‘carefully watching’, Mark Savaya says

The US will not tolerate any external actors interfering in the formation of Iraq’s new government, Washington’s special envoy to the country said on Friday.

Mark Savaya, who President Donald Trump last month named as the special envoy to Iraq, said Baghdad had made “significant progress” over the past three years.

“We hope to see this progress continue in the coming months,” Mr Savaya wrote on X.

He said the US is “carefully watching” the process of Iraq forming its new government following elections this month.

I look forward to visiting Iraq soon and meeting with the key leaders. Iraq has made significant progress over the past three years, and we hope to see this progress continue in the coming months. At the same time, we are carefully watching the process of forming the new government.

“Let it be clear that the United States will not accept or permit any outside interference in shaping the new Iraqi government,” he said.

The special envoy said he would be heading to Iraq soon to meet key leaders.

Prime Minister Mohammed Shia Al Sudani’s political bloc won the most seats but a new government could be a way off due to wrangling to build a majority.

Post-election talks between Shiite, Sunni and Kurdish parties in Iraq usually last for months. By convention in Iraq, a Shiite Muslim holds the post of prime minister, a Sunni is parliament speaker and the largely ceremonial presidency goes to a Kurd.

The main challenge for the next government will be addressing long-standing grievances over poor public services, corruption and unemployment – issues that have fueled mass protests in recent years. The new administration will also need to maintain the delicate balance in ties between Iran and the US, the country’s two main allies.

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DIRECT CONTROL FROM “SAFAYA-TRUMP”: IS THE WHITE HOUSE SHAPING THE GOVERNMENT INSTEAD OF IRAQI FORCES? – URGENT

Soft change

 (Soft change means by way of discussion and threats not military action.)

Nearly a year after Donald Trump’s re-election, Mark Savaya emerged in Baghdad as the latest face of direct American influence within the Iraqi political system. With no diplomatic background, no history of foreign service, and no experience in the complexities of Iraq, he was transformed overnight into a presidential conduit, bypassing the embassy and the State Department, and working to shape what Washington calls the “required balance for the post-2025 election era.”

But the paradox that sparked widespread debate within political circles lay not so much in the nature of his role as in his rhetoric. While Savaya repeatedly stated in his public pronouncements and private meetings that Iraq “must be independent, free from any foreign interference,” he himself was working to shape the next government, sending clear signals about which forces were acceptable and unacceptable, and even employing economic and financial pressure to alter the course of political negotiations.

This paradox, according to analysts, raises a larger question: Is Savaya exercising an official institutional role, or is he carrying out a form of “political tutelage” that the White House administration seeks to establish in Baghdad?

Adnan Mohammed Ali, a member of the Development Center, believes the key to solving the puzzle lies in the man himself. As he told Baghdad Today, Savaya “lacks a clear political record and has not had any professional experience that qualifies him to handle highly sensitive issues such as the balance of power in Iraq.” He added that his participation in Trump’s election campaign was the real reason for this appointment, not diplomatic experience or strategic vision, “which makes his approach to understanding Iraq more akin to exerting pressure than building relationships.”

This interpretation aligns with other observations regarding the behavior of the American envoy. As Mohammed Ali explains, the man “tends to use economic tools as leverage,” capitalizing on Washington’s ability to control the dollar’s trajectory, sanctions exemption programs, and the system of financing Iraq through the Federal Reserve. However, despite this, Mohammed Ali says, “the United States possesses leverage, but it lacks the capacity for total control over the political process, as it attempted in previous phases, even when it had tens of thousands of troops on the ground.”

Former MP Ayoub al-Rubaie goes even further, arguing that Savaya’s own behavior reveals the limits of the American role. He tells Baghdad Today, “The United States cannot impose its will on Iraq, even if it wanted to. The elections have produced a clear picture, and political forces are operating according to internal considerations. Any American vision, whether championed by Savaya or anyone else, will not succeed unless it aligns with the national interests of Iraqi forces.”

But the real debate doesn’t end with the question of American capabilities; it lies in the question of intentions. While Savaya presents himself as a voice calling for stability and preventing foreign interference, analyst Raad al-Masoudi sees him as an example of “the most prominent type of interference.” Al-Masoudi says that Washington wants to reduce Iranian influence in Baghdad, but it realizes that this influence “has been deeply rooted for decades within state institutions and political parties, and can only be countered through economic, financial, and political means.” Thus, Savaya’s messages—he adds—become “part of an attempt to reshape the balance of power within the Shiite political establishment, not a protection of sovereignty as is claimed.”

Herein lies the most striking contradiction: how can an official envoy of the White House demand the prevention of foreign intervention in Iraq, while he himself is drawing the boundaries of American intervention? Is the message truly related to sovereignty, or is it an expression of an American vision that considers its influence “legitimate” and the influence of others “interference”?

The history of the relationship between Baghdad and Washington offers a model that helps explain this paradox. The Americans have never viewed Iraq as a self-sufficient state, but rather as part of a broader regional equation. During the years of occupation and withdrawal, leading up to the war against ISIS, Washington’s primary concern was twofold:

preventing Iran from achieving absolute hegemony and avoiding losing Iraq to Moscow, Beijing, or Tehran. What is happening today is simply an extension of this logic, but through a new channel—not diplomacy in the traditional sense, but direct political engagement bearing the president’s signature.

What’s most striking is that Savaya’s appearance on the scene reinforces this hypothesis. He didn’t arrive through the embassy, ​​nor was he announced within the structure of the American bureaucracy. Instead, he came as a “presidential envoy,” meaning he had personal authority, a flexible mission, and greater freedom to disregard protocol. Even when rumors of his dismissal circulated, the State Department didn’t issue an official statement. Instead, Savaya himself released a video confirming the continuation of his mission, a move that made him appear to be acting as the “political authority” for dealing with Iraq.

This private channel between Trump and Savaya, according to observers, is not merely mediation, but rather “a new form of undeclared political tutelage.” A tutelage that does not rely on military occupation, but rather on financial tools, political pressure, and direct messages to political blocs at the very moment a new government is being formed.

Despite all this, Savaya’s actual capabilities remain constrained by the realities on the ground. Iraq today is not a replica of the post-2003 era, nor of the period of extensive American influence in 2008. The political structure is far more complex, power centers are intertwined, and local actors are no longer willing to accept pre-determined decisions from abroad. Therefore, the contradiction between Savaya’s call for “non-interference” and his direct efforts to influence the shape of the next government will remain one of the most prominent features of the current political landscape.

Ultimately, the question goes beyond Savaya’s personality and role, reaching the core of the political debate in the country: Do these moves represent an American attempt to reimpose a new form of hegemony over Iraqi political decision-making through financial, political, and media tools, after the effectiveness of military tools has declined? Or is Washington simply seeking to reduce Tehran’s influence, without having a realistic understanding of the nature of the internal balances?

There is no definitive answer yet. But what is certain is that the presence of an envoy operating at this level of intervention, with a contradictory discourse that oscillates between publicly rejecting foreign interference and directing sharp messages to decision-makers, reopens the file of Iraqi sovereignty in all its complexities, and raises a new question that cannot be ignored: Who will determine the direction of the next phase in Iraq, local forces or foreign powers under their new names?

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THE CENTRAL BANK SETTLES THE DEBATE: THERE IS NO INTENTION TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR.

(This means no intention to devalue the dinar, get it?)

The Central Bank of Iraq confirmed on Monday that there is no intention to amend the exchange rate of the Iraqi dinar, noting the stability of the exchange rate .

The bank stated in a statement received by the “Wadih” platform that “with the approach of the end of 2025, the Central Bank of Iraq announced that it has made tangible progress in its strategic objectives related to maintaining the stability of the general price level, as the inflation rate recorded a decrease to historical levels that are the lowest in the region, supported by its monetary policies and well-considered measures despite the current economic challenges .”

He added, “The Bank Law No. (56) of 2004, particularly Article 1/4/A, clearly defines its basic tasks in formulating and implementing monetary policy, including exchange rate policy. In this context, the Bank affirmed that there is no intention to amend the exchange rate of the Iraqi dinar, in line with its pivotal objective of ensuring price stability, an objective that has been successfully achieved during the past period .”

The statement stressed that “the Central Bank continues to support the stability of the exchange rate, reinforced by ideal levels of foreign reserves of currencies and gold .”

He affirmed, “It continues to cover all banks’ requests for external support in US dollars and other foreign currencies such as the Chinese yuan, the Turkish lira, the Indian rupee, and the UAE dirham, as well as continuing to settle bank cards and personal transfers through MoneyGram and Western Union, in addition to cash sales for travel purposes, noting that there is no pressure on current foreign reserves .”

He noted that “any external statements or opinions regarding changing the exchange rate of the Iraqi dinar do not reflect the position of the Central Bank, and represent interpretations aimed at confusing the market, stirring up speculation, and affecting the stability of the national economy .”

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THE CENTRAL BANK OF IRAQ CONFIRMS THE STABILITY OF THE EXCHANGE RATE AND ACHIEVES THE LOWEST INFLATION LEVELS IN THE REGION.

As the end of 2025 approached, the Central Bank of Iraq announced that it had made tangible progress in its strategic objectives related to maintaining the stability of the general price level, as the inflation rate recorded a decrease to historically low levels that are the lowest in the region, supported by its monetary policies and well-considered measures despite the current economic challenges.

The Central Bank clarified in an official statement that the Central Bank Law No. (56) of 2004, particularly Article 1/4/A, clearly defines its core functions in formulating and implementing monetary policy, including exchange rate policy. In this context, the Bank affirmed that it has no intention of adjusting the exchange rate of the Iraqi dinar, in line with its central objective of ensuring price stability, an objective that has been successfully achieved in the past period.

The statement stressed that the central bank continues to support exchange rate stability, bolstered by ideal levels of foreign currency and gold reserves.

The Central Bank also confirmed that it continues to cover all banks’ requests for external reinforcement in US dollars and other foreign currencies such as the Chinese yuan, the Turkish lira, the Indian rupee, and the UAE dirham, as well as continuing to process bank card settlements and personal transfers through MoneyGram and Western Union, in addition to cash sales for travel purposes, noting that there is no pressure on current foreign reserves.

The statement noted that any external statements or opinions regarding changing the exchange rate of the Iraqi dinar do not reflect the position of the Central Bank, and represent speculations aimed at confusing the market, stirring up speculation, and affecting the stability of the national economy.

Central Bank of Iraq,
Media Office,
November 24, 2025

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THE EXCHANGE RATE IS AT A CROSSROADS: BETWEEN RESCUE AND PAINFUL INFLATION

(Remember this article is talking about changing the ‘official” CBI rate while the dinar is still solely pegged to the dollar. The CBI told us they are NOT going to change the rate. But this article is talking about making the dollar even higher than it is and what would happen if they did that.)

(Whoever wrote this article should be shot! ☹ This is like an article that should have been written 10 years ago. What the hell do you think the CBI has been doing for the last 10-20 years, but especially in the last 4 years? Yes, reforms,, reforms and more reforms. There is a very good article in contrast to this one that follows. It’s titled “THE FINANCIAL REFORM PACKAGE SUPPORTS DOMESTIC INVESTMENT AND STIMULATES THE ECONOMY.”)

– Serious warnings are being raised about the exchange rate, as expert Abdul Rabbo points out that any decision to change it without real financial reforms will make the citizen the weakest link in the face of a comprehensive wave of inflation.

(But Iraq also has instituted a whole array of financial reforms, as we noted over the last four years.)

Economic and financial expert Ahmed Abdel Rabbo warned of the danger of the government or the central bank resorting to changing the dollar exchange rate to address the liquidity crisis or pay off debt, stressing that this option will have direct and harsh effects on the market and the citizen.

Abdul Rabbo said , “Talking about changing the dollar exchange rate to address the liquidity crisis or to pay off the debt is a very dangerous option for the Iraqi economy, because it will directly affect prices and weaken the purchasing power of the citizen, especially the poor. The exchange rate cannot be treated as a magic solution to financial crises. The rise of the dollar is not a cause in itself, but rather a result of economic and financial policies that need real and balanced reform.”

He added, “It is unfortunate that some media professionals are presenting this issue in a simplistic and misleading way, as if changing the price will solve all the problems, ignoring the inflationary effects that will affect food, medicine, and construction materials, as well as the pressure that will be placed on low-income families and the banking market. This type of media presentation creates a state of panic among people and increases speculation in the markets instead of calming them down.”

imported inflation

He added that “resorting to raising the exchange rate will immediately lead to imported inflation, exacerbate poverty, and disrupt economic activity. Any decision of this kind must be preceded by genuine financial reform, expansion of social safety nets, and a structural overhaul of the revenue and expenditure management file, instead of burdening the citizen with the cost of wrong policies.”

He concluded by saying: “We warn against reducing the crisis to the price of the dollar, and we call for a responsible economic discussion, far removed from media populism, that puts the interest of the citizen and the national economy above any other considerations.”

This warning comes amid escalating controversy in recent days over the possibility that the next government will resort to amending the official exchange rate, with experts estimating that raising the price of one hundred dollars could reach 180 or even 200 thousand dinars, in an attempt to address increasing financial pressures.

This controversy has sparked widespread public concern about the possibility of a new wave of inflation if such a decision is made, which the Central Bank denied in an official statement, stressing that external statements or opinions regarding changing the exchange rate of the dinar do not reflect the position of the Central Bank, and represent speculations aimed at confusing the market, inciting speculation, and affecting the stability of the national economy.

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THE FINANCIAL REFORM PACKAGE SUPPORTS DOMESTIC INVESTMENT AND STIMULATES THE ECONOMY.

With a focus on reducing the deficit and increasing non-oil revenues, local investment in Iraq appears to be on the verge of a new phase of growth and prosperity, but the question remains about the sustainability of these policies.

The Prime Minister’s economic advisor, Mazhar Muhammad Salih, affirmed that the Iraqi government is pursuing a disciplined fiscal policy that relies on sound management of the deficit and rationalization of public spending, which has strengthened the confidence of the private sector and reduced the level of uncertainty that was one of the most prominent obstacles to local investment.

Saleh said , “The impact of fiscal policy on the volume of local investments varies according to the nature of the sectors. While the energy sectors, especially oil, gas and renewable energies, have the largest share of investment flows due to their attractiveness and profitability, recent years have witnessed a clear shift towards investment in the construction and pharmaceutical industries, as local and foreign investors have begun to pay attention to the growing opportunities in these sectors.”

He added that “the impact of fiscal policy is varied; it is positive on large investment projects through relative financial stability, but it is more influential and effective with regard to small and medium-sized enterprises, as a joint incentive and financing approach has been adopted between fiscal and monetary policy.”

Establishment of Riyada Bank

Saleh pointed out that “the most prominent tools of this approach is the establishment of Riyada Bank as a mixed bank specializing in financing small and medium projects with the aim of mobilizing nearly sixty percent of the unemployed workforce through long-term, easy loans, as it is being established with the contribution of private Iraqi banks and with the direct supervision and support of the Central Bank.”

He then continued, “In addition to cooperation with specialized international organizations, there were also extensive initiatives to provide loans to young people and support individual and group projects under the direct supervision of the Prime Minister within the Youth Initiative.”

Saleh explained that “the success of fiscal policy in reducing the deficit depends on achieving a delicate balance between sustaining macroeconomic stability and providing space for growth and investment. A disciplinary policy without a developmental vision may curb economic activity, while uncontrolled expansionary spending leads to a deepening of the deficit gap.”

Increase in non-oil revenues

“Based on this, financial reform programs work to increase non-oil revenues by expanding customs and tax collection, modernizing legislation, and enhancing public financial digitization to reduce leakage and waste, raise collection efficiency, improve the business environment to encourage the private sector to expand and invest, and raise the efficiency of public spending by adopting performance evaluation standards and linking projects to economic feasibility,” he added.

Saleh concluded his statement by emphasizing that “the success of the current fiscal policy is based on combining fiscal discipline to ensure macroeconomic stability and developmental stimulus to expand the production base and encourage local investment. Digitalization, improving non-oil revenues, and enhancing private sector confidence are key pillars for strengthening public finances and achieving more sustainable economic growth in the short, medium, and long term.”

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THE “SUDDEN” RISE OF THE DOLLAR IN IRAQ: CHALLENGES AND CONCERNS

The exchange rate of the US dollar in Iraq has been under renewed pressure recently, amid widespread economic debate about the reasons for the rise and its impact on the general budget and the local economy. Experts have differing views on the nature of government measures and their results, with a general agreement on the need for a comprehensive package of reforms instead of relying on a single tool.

On Monday, Iraqi markets recorded a sudden rise in the exchange rate of the dollar against the Iraqi dinar. The Al-Kifah and Al-Harithiya exchanges in Baghdad recorded 144,000 dinars for 100 dollars at midday, compared to 142,250 dinars in the morning. Meanwhile, the selling price in Erbil reached 143,050 dinars and the buying price reached 142,900 dinars for every 100 dollars.

Changing the exchange rate is not a solution  

Economic expert Mahmoud Dagher told Shafaq News Agency that the worsening budget deficit prompted the Iraqi government since the end of 2020 to take rapid measures such as reducing the value of the dinar, and then raising the value of the dollar in 2023, but he pointed out that these decisions, despite their importance, are not radical solutions.

Dagher, a former director at the central bank, explained that “reducing or changing the exchange rate cannot be the sole cure for the crisis, as long as it is not accompanied by a set of complementary measures.”

He added that the continuation of the crises is linked to the absence of real reforms in key areas such as combating corruption, improving tax collection, developing the electricity and water sectors, and regulating the work of ports and customs.

Dagher also said: “Changing the exchange rate is worthless if it is a one-off measure. Everyone is treating it as a tool to get out of the crisis, while the truth is that the problem is bigger, and the budget gap can only be overcome through an integrated package of tools, foremost among which is linking spending to revenue.”

Monetary cooperation ensures stability

For his part, the Prime Minister’s financial advisor, Mazhar Muhammad Saleh, confirmed to Shafaq News Agency that there is a high level of constructive cooperation between monetary and fiscal policies based on the principle of indirect monetary adjustment.

He explained that this principle provides initial financial leverage to the banking system by enabling it to purchase government bonds from all local banks, through discounting operations which in turn lead to the stability of the banking system’s liquidity.

Saleh explained that this cooperation is not limited to that, but rather constitutes a fundamental pillar for securing the short-term financing requirements of public finances, which ensures maintaining comfortable levels of liquidity for banks on the one hand, and for public finances when needed on the other hand.

He stressed that the cash liquidity needs and the provision of its requirements are proceeding normally and regularly, and that salaries, wages, pensions and all other financial obligations are in a very safe position and do not face any risks in the short and medium term.

Corruption is putting pressure on the dinar.

Economic expert Hilal Al-Taan believes that the decline in crude oil prices, the main source of the general budget, in addition to the decline in non-oil revenues represented by taxes, customs and state property revenues, along with the presence of administrative and financial corruption in most parts of the state, and the lack of deterrent measures for the corrupt, may lead to a decrease in the exchange rate of the dinar against the dollar.

Al-Taan added to Shafaq News Agency: “This is what happened in the 2021 budget when the price of the dollar was raised from 120,000 to 145,000 dinars, which led to a significant increase in the prices of all food and consumer goods, and put pressure on the livelihood of the poor and middle classes with limited income.”

He continued: “Therefore, all expectations are possible in the absence of a sound and realistic economic policy for the Iraqi economy.”

It appears that the rise in the price of the dollar in Iraq is not related to a single factor, but rather intersects with financial, administrative and structural challenges that require comprehensive solutions, at a time when the government affirms the continuation of financial stability and its ability to meet basic obligations.

Between experts’ warnings and calls for a broad reform package, and the fiscal and monetary policy’s adherence to its current plans, the market remains on the lookout for any practical steps that may determine the course of the next phase.

a different version.

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THE DOLLAR IS SOARING IN IRAQ… AND SALVATION HINGES ON A “REFORM PACKAGE,” NOT THE EXCHANGE RATE.

The US dollar exchange rate in Iraq has been under renewed pressure recently, amid widespread economic debate about the reasons for the rise and its impact on the general budget and the local economy. Experts have differing views on the nature of the government’s measures and their results, with a general agreement on the need for a comprehensive reform package rather than relying on a single tool.

Iraqi markets witnessed a sudden surge in the dollar exchange rate against the Iraqi dinar on Monday. At midday, the Al-Kifah and Al-Harithiya exchanges in Baghdad recorded 144,000 dinars per 100 dollars, compared to 142,250 dinars in the morning. Meanwhile, in Erbil, the selling price reached 143,050 dinars and the buying price 142,900 dinars per 100 dollars. “

Changing the exchange rate is not a cure,” 

says economist Mahmoud Daghir in a press interview seen by Video News Agency. He explains that the worsening budget deficit prompted the Iraqi government to take swift measures since the end of 2020, such as devaluing the dinar and then raising the dollar’s value in 2023. However, he points out that these decisions, while important, are not fundamental solutions.

Dagher, a former director at the Central Bank, explained that “reducing or changing the exchange rate cannot be the sole solution to the crisis, as long as it is not accompanied by a set of complementary measures.”

He added that the continuation of the crises is linked to the absence of genuine reforms in key areas such as combating corruption, improving tax collection, developing the electricity and water sectors, and regulating the operations of border crossings and customs.

Dagher also said, “Changing the exchange rate is worthless if it is a standalone measure. Everyone is treating it as a tool to escape the crisis, while the truth is that the problem is much larger, and the budget deficit cannot be bridged except through a comprehensive package of tools, foremost among them linking spending to revenue.”

Monetary cooperation ensures stability.

For his part, the Prime Minister’s financial advisor, Mazhar Muhammad Saleh, confirmed in a press statement seen by Video News Agency, the existence of a high level of constructive cooperation between monetary and fiscal policies based on the principle of indirect monetary adjustment.

He explained that this principle provides initial financial leverage to the banking system by enabling it to purchase government bonds from all local banks through discounting operations, which in turn leads to the stability of the banking system’s liquidity.

Saleh explained that this cooperation extends beyond this, forming a fundamental pillar for securing short-term financing requirements for public finances. This ensures the maintenance of comfortable liquidity levels for banks on the one hand, and for the public treasury when needed on the other.

He affirmed that cash liquidity needs and their fulfillment are proceeding normally and regularly, and that salaries, wages, pensions, and all other financial obligations are in a very secure position and face no risks in the short or medium term.

Corruption is putting pressure on the dinar.

Economist Hilal al-Taan believes that the decline in crude oil prices, the main source of the general budget, coupled with the drop in non-oil revenues (taxes, customs, and state property revenues), along with widespread administrative and financial corruption in most government sectors and the lack of deterrent measures against corrupt officials, could lead to a decrease in the dinar’s exchange rate against the dollar.

Al-Taan added in a press statement seen by Video News Agency: “This is what happened in the 2021 budget when the dollar exchange rate was raised from 120,000 to 145,000 dinars, leading to a significant increase in the prices of all food and consumer goods and putting pressure on the livelihoods of the poor and middle classes with limited incomes.”

He continued: “Therefore, all predictions are possible in the absence of a sound and realistic economic policy for the Iraqi economy.”

It is clear that the rise in the dollar’s price in Iraq is not linked to a single factor, but rather intersects with financial, administrative, and structural challenges that require comprehensive solutions, at a time when the government is asserting its continued financial stability and its ability to meet its basic obligations.

Between experts’ warnings and calls for a broad reform package, and the fiscal and monetary policy’s adherence to its current plans, the market remains on the lookout for any practical steps that may determine the course of the next phase.

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AN ECONOMIST IDENTIFIES A REASON BEHIND THE SUDDEN RISE OF THE DOLLAR AGAINST THE IRAQI DINAR.

On Tuesday, economist Manar Al-Obaidi attributed the rise in the exchange rate of the dollar against the Iraqi dinar in the parallel market to the imminent implementation of the customs pre-calculation mechanism. While praising this mechanism, he said that despite its temporary side effects on the local market, it will raise the country’s customs revenues to 6-8 trillion dinars annually.

Al-Ubaidi said in a post on the social networking site Facebook today that the Iraqi dinar witnessed a significant decline yesterday in the parallel market, coinciding with most speculators refraining from selling dollars, which created a state of confusion and anxiety in the markets.

He added that “despite the widespread talk about an intention to change the official exchange rate, the Central Bank’s statement was clear and decisive: ‘There will be absolutely no change in the exchange rate,’” adding that “this announcement alone confirms that the Central Bank is committed to monetary stability and will not make any changes to the official rate.”

What is the real reason behind the fluctuation?

The economist also pointed out that “this mechanism will bring about significant changes, most notably:

A significant increase in state customs revenues, control over customs smuggling that has drained the country’s resources for years, prevention of fictitious transfers used for speculation or money laundering, and a reduction in the volume of random imports that consume a large part of foreign reserves.

Al-Ubaidi pointed out that “naturally, any such radical reform will face widespread resistance, especially from: speculators who will exploit every opportunity to raise the price of the dollar, small traders who have not organized their commercial and banking transactions, and the parties that have benefited from the chaos in transfers and customs over the past years,” indicating that “therefore, we expect a turbulent month of statements, pressures, and media scaremongering.”

Why is this mechanism important despite all the noise?

Al-Ubaidi added that “if the mechanism is implemented correctly and continues without setbacks, it will be the biggest blow to customs smuggling operations in 20 years, and it is also capable of: raising customs revenues to 6-8 trillion dinars, reducing artificial demand for the dollar, reducing unnecessary imports, protecting foreign reserves, and enhancing the prestige of the financial and administrative system in Iraq.”

He noted that “in fact, the current government deserves credit for its insistence on implementing this mechanism, as it is a major reform step that requires a courageous decision and patience in the face of pressure.”

There are side effects

The economist went on to say that it is natural for the markets to witness: a temporary rise in the prices of some goods, fluctuations in the parallel market, and fierce media campaigns against the decision, adding that “these changes are temporary pains, similar to the pains of the necessary surgical operation to repair what was corrupted by years of chaos and smuggling.”

He concluded by saying that what is happening today is not a currency crisis, but rather a natural reaction of a market that has begun to regulate itself after two decades of chaos. If the government succeeds in moving forward and does not succumb to pressure, Iraq will be on the verge of a historic customs reform that will recalibrate foreign trade and protect its reserves from continued depletion.

Shafaq News Agency published a report yesterday, Monday, regarding the sudden rise of the dollar, which addressed the challenges and concerns associated with the rise and its potential effects, amid differing views among experts on government measures, with agreement on the need to adopt an integrated package of reforms instead of relying on a single tool.

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GOVERNMENT ADVISOR: DIGITALIZATION AND INCREASING NON-OIL REVENUES ARE FUNDAMENTAL TO FINANCIAL REFORM.

The economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that the Iraqi government is following a disciplined financial policy that relies on sound management of the deficit and rationalization of public spending, which has strengthened the confidence of the private sector and reduced the level of uncertainty that was one of the most prominent obstacles to local investment.

Saleh told Al-Furat News that: “The impact of fiscal policy on the volume of local investments varies according to the nature of the sectors. While the energy sectors, especially oil, gas and renewable energies, have the largest share of investment flows due to their attractiveness and profitability, recent years have witnessed a clear shift towards investment in the construction and pharmaceutical industries, as local and foreign investors have begun to pay attention to the growing opportunities in these sectors.”

He added, “The impact of fiscal policy is varied; it is positive for large investment projects through relative financial stability, but it is more influential and effective with regard to small and medium-sized enterprises, as a joint incentive and financing approach has been adopted between fiscal and monetary policy.”

Saleh pointed out that “the most prominent tools of this approach is the establishment of Riyada Bank as a mixed bank specializing in financing small and medium projects with the aim of mobilizing nearly sixty percent of the unemployed workforce through long-term, easy loans, as it is being established with the contribution of private Iraqi banks and with the direct supervision and support of the Central Bank.”

He continued, “In addition to cooperation with specialized international organizations, this was accompanied by extensive initiatives to provide loans to young people and support individual and group projects under the direct supervision of the Prime Minister within the Youth Initiative.”

Saleh explained that “the success of fiscal policy in reducing the deficit depends on achieving a delicate balance between sustaining macroeconomic stability and providing space for growth and investment. A disciplinary policy without a developmental vision may curb economic activity, while uncontrolled expansionary spending leads to a deepening of the deficit gap.”

He added, “Based on this, financial reform programs work to increase non-oil revenues by expanding customs and tax collection, modernizing legislation, and enhancing public financial digitization to reduce leakage and waste, raise collection efficiency, improve the business environment to encourage the private sector to expand and invest, and raise the efficiency of public spending by adopting performance evaluation standards and linking projects to economic feasibility.”

Saleh concluded his statement by emphasizing that “the success of the current fiscal policy is based on combining fiscal discipline to ensure macroeconomic stability and developmental stimulus to expand the production base and encourage local investment. Digitalization, improving non-oil revenues, and enhancing private sector confidence are key pillars for strengthening public finances and achieving more sustainable economic growth in the short, medium, and long term.”

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THE FRAMEWORK REDUCES THE CANDIDATES FOR THE PREMIERSHIP TO 3, AND A COMPREHENSIVE MOVEMENT IS UNDERWAY TO NAME THE PRESIDENCIES.

An informed source revealed on Thursday the three most prominent candidates for the position of Prime Minister, while indicating that next week will witness movement among all political forces to name the three presidencies.

The source told Shafaq News Agency that “meetings are continuing between the forces of the Coordination Framework to decide on the position of Prime Minister and to name the candidate for it, according to the custom followed by the Framework, but this clashes with the position of some of its blocs, which insist on adopting the electoral weight.”

He added that “there are 3 candidates, one of whom will be named through voting within the framework, namely the outgoing Prime Minister Mohammed Shia al-Sudani, the head of the State of Law Coalition Nouri al-Maliki, and the head of the intelligence service Hamid al-Shatri.”

He pointed out that “the two committees formed by the framework will not change the equation for naming the candidate for the position of Prime Minister, because the candidates are from within the Shiite community, and even if a figure is chosen outside of expectations, he will certainly be known to the coordinating framework.”

The Coordination Framework announced last Monday the formation of two committees. The first committee is concerned with forming the government and includes Ammar al-Hakim, Humam Hamoudi and Abdul-Sada al-Fariji, while the second committee is concerned with negotiating with the political parties and includes Nouri al-Maliki, Hadi al-Amiri, Faleh al-Fayyad and Mohsen al-Mandalawi.

On Tuesday, Alaa al-Haddadi, a leader in the State of Law Coalition headed by Nouri al-Maliki, revealed that there is explicit opposition to extending the term of caretaker Prime Minister Mohammed Shia al-Sudani by several forces within the coordination framework, stressing that these forces reject renewing al-Sudani’s term and prefer another candidate.

Al-Haddadi told Shafaq News Agency that there is explicit opposition to extending Al-Sudani’s term by several forces within the framework, namely Asa’ib Ahl al-Haq, Rights and Services, State of Law, and the Sadiqun bloc, according to him.

For his part, Al-Sudani hinted at his desire to head the next Iraqi government, considering that obtaining a second term is not a personal ambition as much as it is an electoral entitlement due to the “Reconstruction and Development” bloc, which he leads, obtaining the highest number of votes in the elections.

This comes at a time when political sources had previously confirmed to Shafaq News Agency that the competition for the premiership is currently limited to al-Sudani and the head of the intelligence service, Hamid al-Shatri, from among 15 candidates who were discussed within the framework, with al-Sudani being favored if he remains within the framework, given the regional and international support he enjoys.

It is worth noting that the Independent High Electoral Commission in Iraq announced, on November 17, 2025, the final results of the parliamentary elections, revealing that the Development and Reconstruction Coalition had won the most seats in parliament with 46 seats.

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AL-KALABI POSES 18 QUESTIONS TO THE FRAMEWORK REGARDING AL-SUDANI’S PERFORMANCE AND CALLS FOR A PUBLIC DEBATE.

Former MP Youssef Al-Kalabi addressed an official letter today, Thursday, to the leaders of the Coordination Framework and the committee tasked with interviewing applicants for the position of Prime Minister, demanding that caretaker Prime Minister Mohammed Shia Al-Sudani be held accountable for a number of files that he said were “documented with evidence,” should the latter apply to occupy the position again.

In his letter entitled “So that we do not forget,” Al-Kalabi said, “It is necessary to ask direct questions to Al-Sudani regarding the size of the internal and external debts that have accumulated during his government’s term, the financial obligations of ongoing projects, the violation of the budget law by not sending the 2025 budget schedules to the House of Representatives, and the mechanism of spending without legislative basis.”

Al-Kalabi called for him to be held accountable for “turning the Council of Ministers into an entity with executive and legislative powers, and his meeting with the leader of Hayat Tahrir al-Sham, Abu Muhammad al-Julani, who is wanted by the Iraqi judiciary under Article 4 of the Anti-Terrorism Law, in addition to preventing the Minister of Finance from attending Parliament and exploiting public funds for political and partisan purposes.”

The letter included criticisms of the government’s performance in the areas of investment, water, combating corruption, managing the oil sector, dealing with the provinces, and withdrawing important laws such as the Popular Mobilization Law and the Civil Service Law, as well as “conflict of interest in the selection of ambassadors, challenging the differences in the Popular Mobilization Forces, and canceling the deduction of the Martyrs Fund.”

Al-Kalabi reiterated his previous call for Al-Sudani to participate in a televised debate, declaring his readiness for a public debate before the Coordination Committee or the media.

************************************************************************************************************

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

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:

November 20, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. Oh boy…. have I got news for you!

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!

____________________________________

2 Corinthians 9:9

As it is written, “He scattered abroad, he gave to the poor, His righteousness endures forever.”

More news….

THE OIL AND GAS LAW: KURDISH PRIORITIES IN THE IRAQI GOVERNMENT FORMATION NEGOTIATIONS.

Following the election results and the announcement of the number of seats won by the Kurdish blocs in the Iraqi parliament, attention is now focused on the Kurds’ objectives for the next phase and their future plans.

President Masoud Barzani called for the implementation and enactment of five key laws, most notably amending the election law, implementing Article 140 of the constitution, and enacting the long-stalled oil and gas law, which has been stalled for nearly two decades.

STATUS OF THE RV

________________________________________

No! There is no RV or Reinstatement of the Iraqi dinar yet. There are NO newer smaller category notes issued or pictures even shown to anyone yet by the CBI and that includes the 10, 50 categories or others. This is per my CBI contact.

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 so let the FACTS speak for themselves.  

I also want to THANK YOU for their lovely and heart-felt comments especially from one of my loyal readers Joy Snyder and others too. It is nice to know I am appreciated for all the hard work I do to bring the TRUTH and UNDERSTANDING about this investment to you.

________________________________________

If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is mid-November and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

Having said all this, I had a VERY interesting conversation with my CBI contact on my Wednesday call to Iraq. I will review the details with you later in the Newsletter. I tried and tried to get at least a closer date for us to look forward to and I did get one. WOW! But she always leaves a bit of uncertainty as she cannot tell the entire story yet. This is understandable and I don’t want to push our friendship too far and isolate her either. So, I take what I can get but I will say there were some subtle hints… hint,,, hint… 😊😊

I first want to address what some call “an overlooked report from Oliver Wyman” and it  has come to the attention of many. I also talked about this in my Wednesday call to Iraq and so I will cover this with you now. I heard this news weeks ago, but I did not want to repeat rumors, as this report was just rumors but I have still not personally seen it and read it. It does appears to exist, as told by my CBO contact but its contents is questionable as being put out in the dinar community. I am not concerned about rumors just facts. To me it does however seem plausible except for the part about conducting removing the zeros also in January 2026. But like a said things could change. So, I wanted to talk about this too today.

I was told this removing the zeros would happen in early to late fall 2025. I will talk about more about this later in detail but for this Wyman report, could the CBI move it out? Yes, they could but have not yet told me. We are now in the period of the season of Fall and so we should expect this event any day now to be triggered until the CBI tells me otherwise. Again I think I have a better timeframe we should be looking for on removing the zeros but we will talk on this later in the Newsletter.

If all goes well with the swap out of the notes in Iraq, and inflation remains low in Iraq, we can expect the next stage of the plan to include the reinstatement back to FOREX sometime in January. Just so you know there is also a prophecy given by one of the well-known and trusted prophets of our day, Kim Clement. It also matches what I have been told. Could this be the season of “Fall” he refers to? There is just too much adding up that this may actually be our timeframe. If you listen to the introduction audio today, you will hear Kim Clement’s prophecy on this timeframe of Fall. There is another yet longer prophecy from him too on this subject of the fall but it is much longer. He uses the fall in many ways and its tricky. The fall means the season of ‘Fall’ but is also means the fall of the culprits by exposure and indictments for their past and present crimes against this U.S. and also the Iraqi and Iranian governments.

As investors trying to figure this out, we are speculating, it would also be a very good idea to include what the U.S. has been saying about the five (5) issues they are mandating on Iraq and told them this could hamper their progress to the global trading platforms for the dinar, if not addressed. We can’t get so hyped up that we forget about this news too, even though they are not pleasant news. What have we been reading in the news on these five issues? Yes, there has been articles almost on a weekly basis addressing one or more of these issues. Why do these same five issues keeping popping up in the news so much? DO YOU THINK MAYBE THEY ARE IMPORTANT too? Can the lack of attention to these issues postpone the RV again?

Please go reference my September 16^th Newsletter on these issues for more detail. I am listing them again for you below. Even in today’s recent news four (4) of these issues are in the news. WOW!

• Reorganization of the Private banks in Iraq
• Expulsion of the PMF (Iran poxies)
• Passing the Oil and Gas Law (HCL)
• Parallel Black Market vs Official CBI rate of the dollar
• Collecting nearly 80% of the issued dinars back to the banks (horded stashes outside the banking system)

So, let’s take a look at these issues again today and see where they stand.

1. Reorganization of the Private banks in Iraq: We have heard in the past that almost a dozen private banks has to conform to the new Banking Reform law and so about 5 became insolvent and gone. The new National Bank of the CBI was created.

You might want to read the article titled “THE NATIONAL BANK OF IRAQ ANNOUNCES THE COMPLETION OF ITS TRANSITION TO THE NEW GLOBAL STANDARD, SWIFT MX.”

• Expulsion of the PMF (Iranian proxies): For me this one is a sour grape among all the five issues.

In today’s news we hear about it again as it is reinforced that even the U.S. manipulation of the dollar may affect Iraq if this PMF issue is not addressed by the new government. In an effort to isolate Iran, the PMF according to the US, cannot continue to exist in Iraq. Iraq will not, as any cost, continue as a proxy funding Iran or have Iranian influence politics to a great extent. Sanctions to Iraq may return. This for us investors of course would be a disaster. This might be a holdup for the reinstatement while any new government figures out how to do this. Also remember many more Iranian politicians just got voted in to parliament during this last election. This one may be used to halt the process. This one is the liability we all hoped would not occur. Please take some time to read about the PMF and see how entrenched they really are in Iraq. Did we fight this 2003 war and lose American lives so Iran can then step in and control Iraq fro their own benefit to support terrorism?

But let’s think positive and move along as though Iraq will be SMART ENOUGH to take care of this issue to the satisfaction of the U.S.

A thorn in the ass of Iraq: Popular Mobilization Forces (PMF) LINK

You might want to read the recent news articles titled on this subject matter:

 “AN AMERICAN INSTITUTE: WASHINGTON MAY USE THE DOLLAR TO DESTABILIZE THE NEXT BAGHDAD GOVERNMENT IF ITS CONDITIONS ARE NOT MET.” 

“A US DELEGATION WILL VISIT BAGHDAD SOON, CARRYING MESSAGES FROM THE WHITE HOUSE.”

“FACTIONS “EXPAND” IN THE IRAQI PARLIAMENT AND IMPOSE A NEW EQUATION ON WASHINGTON”

• Passing the Oil and Gas Law (Hydrogen Carbon Law): Even though the Oil and Gas Law is not yet passed, there is friction coming from the Kurds to push the voting on the law in the next parliament session. Weren’t they the ones that held it back for so long and objected to it. So do they now have a solid law to pass that will work? Did the Kurds finally get what they wanted all along? Even though the next session is not until the new year, I don’t believe this one would stop the RV. There is just too much evidence of a favorable momentum in the direction to get this passed.

You might want to read the recent articles titled:

 “THE OIL AND GAS LAW: KURDISH PRIORITIES IN THE IRAQI GOVERNMENT FORMATION NEGOTIATIONS.”

• Parallel Black Market vs Official CBI rate of the dollar: The CBI has said many times this is not a real issue for them where it stands today. There are also hints that this issue will soon fade when the dinar is traded openly and the country can trade using their trading partner’s currencies instead of the sole dollar. So I don’t worry about this issue anymore, as it is going to resolved onece we get the reinstatement.

• Collecting nearly 80% of the issued dinars back to the banks (horded stashes outside the banking system): So again in today’s news there is news about the necessity of getting these notes into the banking system. I do not believe this issue will also stop the process of the RV, as the process of removing the zeros in-country and later the exchange of our notes, will return the bulk of these stashes back to the banks. By the way in the process of these exchanges in-country and out of country, the circulatd dinar note count will be reduced by almost 2/3 allowing the path for the coming digital dinar.

You might want to read the articles titled:

“CENTRAL BANK OF IRAQ: NET CURRENCY IN CIRCULATION EXCEEDS 92 TRILLION DINARS IN ONE MONTH”

Anyhow here is what some say is that legitimate report by Oliver Wyman. I quote from it. We must be careful not to bring rumors unless you can justify them with FACTS.   

We know from former CBI governor Dr. Sinan Shabibi that he along with the IMF are  the architects of the monetary reform plan for Iraq. I have breifed you on this plan many times already. More than a decade ago he said that a major revaluation of the dinar (like what we are looking for) “is best suited to occur in the beginning of the fiscal  year and would most likely also be coincided with a reinstatement to FOREX”.   

You might want to take a look at the recent article titled “IRAQ IS ENTERING A PHASE OF DYNAMIC ECONOMIC GROWTH AND INVESTMENT OPPORTUNITIES”

Baghdad (IraqiNews.com) – The American financial consulting firm Oliver Wyman has released a new report affirming that Iraq is entering a phase of dynamic economic growth and investment opportunities. The optimistic outlook is credited to the comprehensive banking reforms spearheaded by the Central Bank of Iraq (CBI) with government backing.

(Mnt Goat: I believe this may be the report that is referenced in the rumor. However I have not yet read the report myself and can’t verify its contents.)

What else is in the news….

Meanwhile Iraq keeps moving ahead and we see yet more progress if we study the articles titled:

 “IRAQ IS ENTERING A PHASE OF DYNAMIC ECONOMIC GROWTH AND INVESTMENT OPPORTUNITIES”

“GOVERNMENT ADVISOR: MEDIUM-TERM FINANCIAL PLAN TO ENSURE THE SUSTAINABILITY OF VITAL PROJECTS”

Mazhar Muhammad Saleh, the economic advisor to the Prime Minister, confirmed that the government is capable of managing the 2026 fiscal year even if the federal general budget law is not approved.

Did Iraq Just Give Us A Date?

I want to reference the article titled “IRAQ IS SET TO IMPLEMENT A NEW CURRENCY  

MECHANISM ON DECEMBER 1, 2025” in today’s article section.

To fully analyze this article let’s first learn better what an ‘exchange rate arrangement’ is, as it will better help understand this article and as it applies to the Iraqi dinar. So, I will refer to a recent July 2025 article posted on the IMF website explaining it. Why did they post this in July of this year when this arrangement has been ongoing since 2003? An exchange rate “mechanism” is not a new exchange rate but a mechanism to determining the exchange rate of a currency. Get it? Are you listening Frank26? It can certainly lead to a new rate for the Iraqi dinar.

So here the IMF EXPLAINS IRAQ’S EXCHANGE RATE ARRANGEMENT in a 16th July 2025 in Iraq Banking & Finance News, Politics  article by John Lee.

“The International Monetary Fund (IMF) has issued a brief explainer on Iraq’s exchange rate arrangement. As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows:

Exchange Rate Arrangement

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

I have been telling everyone about this de jure and de facto exchange rate arrangement although I may have not called it that. We know today it is a sole peg to the U.S.Dollar. So, here is the clincher of today’s news. If Iraq is set to implement a new currency mechanism than it must vary from the de facto peg to the U.S. or it wouldn’t be a “new” mechanism, would it? This old mechanism has been in place for over 20 years. Yes, they are telling us they are finally moving all the way off the sanctions mode and going to the basket of currencies for a new peg, a new exchange rate arrangement. Have I not been telling everyone about this for over a decade? Now we are going to see it, but when?

Now remember this and this is really important. If they move to a basket of currencies for the new peg don’t you think the rate of the dinar will reflect a new rate based on the true assets but also on the other currencies of the basket. Each currency in the basket supports the others. This is how they will get the $3.22 -$4.25 historical rate they keep talking about. They are NOT going to FOREX with a 1320 rate. Get it! They are not lopping the dinar. Get it!

Oh….this is the juicy part of today’s news. They are telling us the exchange rate mechanism is due to change on December 1, 2025. Really? Yes, their words not mine. Remember this. I am not making up this news. Can this be true? This news fully supports what my CBI contact has been telling us and all these other recent articles on removing the zeros and moving to a new peg. Remember that for the past 20 years the CBI seldom talked about the new basket of currencies for the dinar. Just recently they have taken this turn and are talking more and more about it. Could this also be part of the educational process for the citizens?

So, I tried to get more information from my CBI contact to confirm this new article and all she would say is “it speaks for itself”.  

Please go also take another peek again at the article written by Dr. Subhi Jabara again. It is titled “THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM.” It is found in the November 18^th Newsletter again. Remember what it said and I quote–

“This ambitious project aims to rename the Iraqi dinar by removing three zeros from its nominal value to better reflect the country’s growing economic strength. This move, which has been the subject of rumors for years, is currently under active development, with comprehensive studies and simulations having been completed. According to the Governor, the process will be gradual and meticulously planned to ensure financial stability while unlocking the currency’s true potential. “

So we must conclude by connecting all the pieces of the news. This recent news is telling me they intend to begin the project to delete the zeros on December 1^st. They will have a month complete this stage of the process.

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? Will the reinstatement follow? Will you be rich?

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.

______________________________

________________________________________

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

“MANY POLITICIANS WILL BE FORCED FROM THEIR POSITIONS”

You can start watching the video at the 12:37 mark.  From Nov 16^th

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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.  

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

HOW TO LOOK PENNILESS IN THE PUBLIC RECORD

Today we’re diving into why it’s crucial for real estate investors, stock investors, business owners, and wealth builders to appear “penniless” in the public record. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here 👉 https://aba.link/i93

How an LLC can actually work against you.  

Don’t have your personal name or address in any public record.

Are offshore assets or accounts really protected?

Are vortex trusts a scam for tax protection?

Don’t misuse a legal entity and take it to extraordinary measures, it won’t work.  

I really, really, really encourage everyone to watch this video and learn from it.

Now I know that many of you may have already researched getting a LLC or a Trust to protect your money against creditors and reveres law suits. But after watching this video today I feel you can learn even more and that there are some caveats that can really work to your benefit all depending upon the state you file your entity in. It’s just a matter of working with your attorney and help to guide them on what you want.

Basically, it all amounts to how much privacy a particular state is willing to give for a legal entity. Attorneys can research this for you but you have to find a good one willing to do it for you. What I am saying is you may think you are protected in a particular state and then find out later, when sued, that your records are not that protected from preying eyes after all.

Another key lesson I learned is it is much easier to use the entity instead of your own name and address from the very start and get it on the dead when you purchase a property or business, rather than have an attorney later try to fix it, after some damage is already done.

Listen carefully what these attorneys are saying….

5 STATES CUTTING PROPERTY TAXES TO ZERO

THE BOOMERANG EFFECT

Many of us are just a bit sick and tired of hearing about Epstein and his files. But that does not mean they are going away. God is exposing these files for a purpose. These files are important and should be looked at carefully. Remember what God told our prophets – the wicked shall parish in their wicked ways. We can’t just burry our heads in the sand and say ‘move on’, which the democrats of course are going to say once the TRUTH comes out about what is in these files (about them). Do the democrats really want to see what is in them? Did they make a mistake in pressuring the republican held house to vote on exposing them? They are already sorry they pushed the issue so much. The corruption is already dribbling out. I can hardly wait to see all of it.

But in reality, did president Trump play a head game with them when he led them on for so long to delay opening these files, giving the impression that he might look bad if they were exposed. But this was only an impression as Trump set a trap for the democrat idiots and they walked right into it.

If you want the TRUTH in Trumps involvement with Epstein, I can tell it to you. I have done some research on this matter. Trump was researching the possibility of building hotels and a resort on the Epstein Islands. However, upon meeting Epstein and seeing what is actually going on in these islands, he backed off on his proposals. Next Trump reported to the FBI what was going on and this culminated in Epstein’s arrest and conviction. So, if anyone, Trump is actually the hero in this Epstein saga not a culprit. This is all FACTUAL, if you don’t believe me than research if for yourself. You owe it to yourself to learn.  

Looking past the sex scandal that was going on, Epstein was also money laundering to offshore accounts billions of dollars for many politicians and government officials.

The questions we must ask for full transparency is –

Where did all this money come from?

Where did all this money go? Who was involved?

HAKEEM JEFFRIES EXPOSED IN MASSIVE EPSTEIN SCANDAL

Surprise, surprise, surprise! Yes, they were close friends. The democrats wanted the Epstein files exposed and so they are going to get it. What did Jeffries want from Epstein. Remember what Epstein did besides sex scandals. He was a money launder for the politicians. This is how they funneled their slush funds all this corrupt money for their schemes. Jeffries is right on top of the list.

WHAT’S GOING ON WITH HAKEEM JEFFRIES?

DEMOCRATS CALL FOR ‘INSURRECTION’ AGAINST THE TRUMP ADMINISTRATION: THIS IS ALMOST AN UNBELIEVABLE STUNT!

Here’s the proof of this statement. This is their words  not mine or Hannity’s. These democrats are headed to a VERY dark place.

These corrupt democrats will try anything to stop the president and his agenda to clean out the corruption from our government. They are VERY desperate now. Did you think they were just going to roll over and let themselves be exposed and indicted? These recent statements by the democrats to the military members to insurrect and disobey direct orders is a sign that they know what is coming next – MARCIAL LAW. Trust me on this one. It is just a matter of time now before many of these democrats are arrested, rounded up and charged with their crimes. Like the list of illegal autopen pardons from the Biden, this recent batch of democrats just exposed themselves and now the DOJ knows who to go after and concentrate on. Why do they keep doing this? Are they stupid or what?

They are CALLING for a COUP!

This is mutiny and the crime is TREASON….just so you know.

WHAT IS PRESIDENT TRUMP REALLY TRYING TO DO WITH DOSE CUTS AND OTHER GOVERNMENT SPENDING?

A MUST watch for everyone concerned about the financial status of the United States and the mess it is in. How can it be fixed?

I think this video explains it very well and is common sense in terms for everyone to understand what is happening under the Trump administration. You may not like it if it impacts your pocket but what is the alternative?

If the U.S. does not get it’s financial matters in order, there will be no money for any programs including these freebie social entitlements too, get it? How stupid are these democrats to keep pressing for more and more entitlements. They are all just talk but do they really know what they are doing? Are they just wanting votes for control and power and willing to let the country go down the drain?

I don’t care how much you hate Trump, if not for him we would be doomed as no other presidents seem to have the convictions to help in the matter and take the hits for doing it. Trump simply is doing what is the right thing for America to save it from the globalist Marxist idiots.

Congressman Eric Burlison makes valid points in showingwhat the democrat party used to be in eliminating waste. How did it change so drastically? Oh… is it that the current democrat benefiting from the waste today so they want to keep it going?

WHY PRESIDENT TRUMP STOOD FIRM ON THE STOP-GAP BILL TO FUND THE GOVERNMENT PRESENTED BY CONGRESS.

The democrats wanted to have these kinds of discussions and so let’s have them. Let the TRUTH come out. Are they ready to hear it? Oh… here’s some TRUTH for ya.

THE TRUTH ABOUT ARGENTINA’S SO-CALLED ‘BAILOUT’ 

by John R. Lott Jr.,

Dems, media had their message, but what happened was actually a currency swap NOT A BAILOUT. It is something that is done all the time. Yes, this one was larger than most and much needed by Argentina.

Democrats keep claiming that Trump “gave away” $40 billion to Argentina, and many people are understandably upset. How, they ask, could the United States hand over money to a foreign country?

The problem is simple: the claim isn’t true. The U.S. didn’t give Argentina money. It entered into a currency swap – and the U.S. has actually earned a profit on the transaction.

Senate Minority Leader Chuck Schumer (D-NY) insists that “the administration is giving this money away to help Argentina’s hard-right president.” He argues, “If this administration has $20 billion to spare for a MAGA-friendly foreign government, how can they say we don’t have the money to lower health-care costs here at home?” Congressman Ro Khanna similarly warned, “It’s shameful that we gave $40 billion to Argentina instead of spending $9 billion to feed American families.”

Other Democrats, such as Senators Amy Klobuchar (D-MN) and Elizabeth Warren (D-MA), describe the transaction as Trump “sending” money to Argentina and even call it a “bailout.” Fifty-four Democratic House members lodged the same complaint.

News outlets, such as The Washington Post, pushed the claims with headlines like “The U.S. just bailed out Argentina.”

But the U.S. didn’t give Argentina anything. It conducted a currency swap: The U.S. provided dollars, and Argentina provided an equal value in Argentine pesos. Saying we sent money to Argentina ignores a crucial fact: Argentina sent money right back to us at the same time.

The first $20 billion swap occurred on Oct. 9, 2025, when the exchange rate was 1,418 pesos per dollar. The second $20 billion swap followed on Oct. 20 at an exchange rate of 1,495 pesos per dollar. By Nov. 12, the rate had moved back to 1,420 pesos per dollar. So, on average, the pesos we got in exchange for the dollars were worth more now than when we bought them. As a result, the U.S. now holds more than $41 billion in value from the original $40 billion, yielding an impressive 2.6% return in just one month.

That gain outperforms the 1.7% return the same funds would have earned in the S&P 500 over the same period.

Treasury Secretary Scott Bessent, who negotiated the arrangement, predicted this outcome. With decades of experience as a remarkably successful currency trader, Bessent recognized the opportunity for the U.S. to stabilize a key partner while making a profitable financial move. This week, he publicly confirmed the result: “The U.S. government made money.”

But the swap didn’t just help the United States. It also helped Argentina during a politically sensitive moment. As Bessent explained on MSNBC, “We used our financial balance sheet to stabilize the government, one of our great allies in Latin America, during an election.” The swap provided breathing room for Argentina’s financial system, helped calm market volatility, and supported the peso. That stabilization, in turn, improved the value of the pesos the U.S. now holds – exactly the outcome an experienced trader like Bessent would expect.

In the end, the arrangement accomplished two goals at once: The U.S. earned a profit, and it supported a democratic response to economic pressure. There was no handout, no bailout, and no giveaway. The U.S. simply exchanged assets that were initially equal value. It was a strategic financial transaction that benefited both countries – and made U.S. taxpayers some extra money.

So, knowing all this then why do the democrats keep calling this a “bailout” when it clearly is not. They are desperate. They have nothing else but to pick on president Trump’s foreign policies and fill the news media with lies. They just can’t let go of the Trump syndrome of hatred.

WAS TRUMP CRIMINALLY INVOLVED WITH JEFFERY EPSTEIN?

Here is more FACTUAL information everyone needs to hear to dispel the democrat lies about Trump and Epstein. Aren’t you sick a tired of all the democrat lies? As I write this Newsletter president Trump just announced that he wants full disclosure of all Epstein files. Does this sound like someone trying to hide something?

I am getting a bit sick and tired of the mainstream news media supporting this false narrative about Donald Trump and Epstein. How about you? When will they do their own research and get their own FACTS straight. Oh… they can’t be that dumb, can they? They must have done some digging and so all the lies are intentional lies not just mistakes, as they will claim later when caught in their lies. Shame, shame, shame on them. Where is the consequence and penalties for lying?

TIME TO TAKE DOWN JAMIE RASKIN AND “IT’S ABOUT TIME”.

It wasn’t that long ago when we saw headlines like ‘Who’s Being Protected?’: Jamie Raskin Demands Republicans back release of Epstein files. Really? Okay Rascal Raskin here you go, but are you prepared for what’s coming your way too. Top Democrat Raskin’s illegal Epstein leak causes mass firings.

SPEAKER MIKE JOHNSON DELIVERS REMARKS AFTER GOVERNMENT SHUTDOWN ENDS

Please, please everyone watch this. We need to know the TRUTH. Remember that I am a democrat and I am ashamed at what my party did to this country not just the shutdown but over the last four years of the Biden administration.

TRUMP SIGNS FUNDING BILL, ENDING GOVERNMENT SHUTDOWN

FETTERMAN IS ACTUALLY DOING IT…

Fetterman says his democrat party crossed the RED LINE with the demands in closing down the government. He says these people are lunatics. Watch, he is about to switch to the Republican party. The writing is on the wall in fact he many have done it already before I can finish this Newsletter.  

ILHAN OMAR IMPLICATED IN $250,000,000 MILLION FRAUD RING.

Yipes! That a lot of mulla! Let’s see how she wiggles her way out of this one….

AN ECONOMIST SAYS US SANCTIONS ARE ON THEIR WAY OUT AND IRAQI BANKS ARE ENTERING A PHASE OF OPENNESS.

(Mnt Goat: not if Iraq does not deal with the PMF, the US is likely to impose some sort of sanctions of Iraq if the PMF is not handled correctly.)

Anticipated financial breakthrough

Economic expert Manar al-Obeidi affirmed that Iraq is moving towards greater banking openness, which will facilitate the flow of funds and create a more attractive environment for investors. He noted that the government has successfully addressed most of the financial issues with the United States, which will gradually reduce the impact of sanctions. Al-Obeidi emphasized the need to eliminate overlapping jurisdictions among institutions and grant investment authorities broader powers to ensure a clear plan that supports economic development.

Manar Al-Obaidi – an economic expert, in a dialogue with journalist Ali Qazan:

The Iraqi banking sector is moving towards greater openness to the world, away from the problems and difficulties that were occurring, and I believe that this will be positive in terms of investment and money transfers.

The significant overlap in powers between institutions is one of the biggest challenges facing investors. Therefore, this problem and overlap must be addressed, and broader powers must be granted to investment authorities in the governorate, and there must be a clear plan for investment in Iraq.

The Iraqi government has been able to resolve many of the financial issues with the American side. With the reforms that Iraq has undertaken to enhance transparency and prevent money laundering and smuggling, I expect that over time the impact of the American sanctions will largely disappear.

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THE NATIONAL BANK OF IRAQ ANNOUNCES THE COMPLETION OF ITS TRANSITION TO THE NEW GLOBAL STANDARD, SWIFT MX.

(Mnt Goat: Can you remember what my CBI contact told me. That the CBI was going to use this new National Bank for yes, the collection of the stashes and hoards of cash. So, again they have yet another article (see below) about all the hoards of cash that needs to get into the banks. They need this cash to in the banks to roll out the digital dinar and to finance many of these 2026 projects rolled over from 2025. Coincidence both of these articles are in the exact same news stream?)

The National Bank of Iraq announced the completion of its transition to the new global standard SWIFT MX for financial messages, a step that marked a significant milestone in the bank’s technological infrastructure modernization and enhanced readiness for digital transformation.

The bank said in a statement, “The implementation of this transformation comes as part of the bank’s transition from the old MT standard to the MX ISO 20022 model, which is the most advanced, structured and data-rich framework in the global financial messaging sector. The transformation process was carried out across all operational channels with high efficiency and minimal downtime, reflecting the bank’s strong technical readiness, accurate planning, and commitment to providing its services without any significant interruption.” 

He pointed out that “this transformation is an advanced step within the strategic roadmap of the National Bank of Iraq to modernize its systems, enhance its compatibility with global best practices, and provide an advanced digital banking experience for its individual and corporate clients.” 

The statement quoted Aqeel Ezzedine, Chief Operating Officer and Deputy CEO of the National Bank of Iraq, as saying that “the smooth transition to the MX standard is the result of a robust system of governance, teamwork and careful planning, and represents an important step in modernizing the payments infrastructure and enhancing the reliability and security of banking operations.” 

Hani Khalil, head of the transformation department at the National Bank of Iraq, said, according to the statement, that “the completion of this transformation embodies the bank’s commitment to keeping pace with the latest international standards in payment systems, and building a more transparent, integrated and high-quality financial data structure, which enhances customer experience and strengthens the bank’s position within the regional financial system.” 

The MX standard enables a more accurate and richer exchange of information in financial messages, with substantial improvements in transaction tracking and identification of parties, supporting global trends towards greater efficiency and transparency in payments.

Since the new system came into effect, the bank has not recorded any significant problems, which confirms the success of the implementation process and the close coordination between the transformation, IT and operations teams, in addition to effective cooperation with partners and regulatory authorities.

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IRAQ IS ENTERING A PHASE OF DYNAMIC ECONOMIC GROWTH AND INVESTMENT OPPORTUNITIES

Baghdad (IraqiNews.com) – The American financial consulting firm Oliver Wyman has released a new report affirming that Iraq is entering a phase of dynamic economic growth and investment opportunities. The optimistic outlook is credited to the comprehensive banking reforms spearheaded by the Central Bank of Iraq (CBI) with government backing.

The report highlights that the banking sector reform program, launched in April 2025, represents a fundamental shift toward building a more efficient and sustainable financial sector. This initiative is expected to stimulate investment, boost private sector development, and strengthen Iraq’s international financial integration.

According to Oliver Wyman, the commitment of all Iraqi banks to the reform program, which began in September 2025, will enable the CBI to evaluate their performance between 2026 and 2028 based on modern global financial, regulatory, and technological standards. The firm forecasts that the total size of the Iraqi banking sector will exceed $60 billion by 2035, with expected returns ranging between 15% and 20%. The report concludes that successfully addressing current challenges related to governance and reputation will transform the reforms into a unique investment opportunity within the Middle East and North Africa (MENA) region. (October 18, 2025)

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GOVERNMENT ADVISOR: MEDIUM-TERM FINANCIAL PLAN TO ENSURE THE SUSTAINABILITY OF VITAL PROJECTS

Mazhar Muhammad Saleh, the economic advisor to the Prime Minister, confirmed that the government is capable of managing the 2026 fiscal year even if the federal general budget law is not approved, noting the possibility of working with the current Federal Financial Management Law No. 6 of 2019, as amended, with spending at a rate of 1/12 of the actual current expenditures that took place in 2025.

Saleh said in a statement to Al-Furat News: “It is important to adhere to high fiscal discipline without resorting to austerity, while taking into account low-income, poor and vulnerable groups, and working to diversify non-oil public revenues through reforming customs and tax policies, especially on large taxpayers, while ensuring fair and transparent governance.”

He explained that “the government is now seeking to create major investment partnerships with the national and foreign private sector to reduce pressure on public spending and achieve the implementation of income-generating and job-creating investment projects, with a focus on automating the economy and moving towards the digital age.”

Saleh stressed that “reforming the energy sector at all levels will boost government revenues as it is a leading sector for development within a coordinated policy for electronic government collection to ensure speed and accuracy of collection.”

The economic advisor concluded by emphasizing the need to “adopt a medium-term budget plan that ensures sustainable financing for vital projects, thereby achieving sustainable development and targeted growth in accordance with the National Development Plan 2024-2028 and Iraq Vision 2025.”

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NECHIRVAN BARZANI: THE CURRENT SITUATION IN IRAQ REQUIRES THE FORMATION OF A GOVERNMENT AS SOON AS POSSIBLE.

Kurdistan Region President Nechirvan Barzani affirmed that forming the next federal government “will not be difficult, but easier than ever before.”

In response to a question from Kurdistan24’s correspondent at the MEPS 2025 forum in Duhok, Iman Darbas, about how difficult it would be to form the new federal government, Nechirvan Barzani said: “I think it will not be difficult, and forming the new Iraqi government will be easier than ever.”

The regional president explained that the current situation in Iraq “requires the formation of a government as soon as possible.” He expressed his hope that the formation of the government would not take long and that it would assume its duties as soon as possible.

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SUDANI SETS RENEWAL AS “FIRST GOAL”… AND THE FRAMEWORK SENDS “POSITIVE MESSAGES” REGARDING THE SECOND TERM

The Iraqi political scene is going through a pivotal stage as the winning forces in the elections begin entering into negotiations to form the new government, while the position of caretaker Prime Minister Mohammed Shia al-Sudani stands out, as he affirms his commitment to a second term as a political entitlement for the winning bloc and a path to completing his governmental project.

This comes in parallel with the coordination framework’s moves to establish the largest parliamentary bloc and begin dialogues with other blocs, amid assurances from various parties on the need to adhere to constitutional timelines and establish a clear and stable electoral law.

In this context, the caretaker Prime Minister, Mohammed Shia al-Sudani, said in a dialogue session at the Middle East Security and Peace Forum, organized by the American University in the Kurdistan Region, that “the issue of a second term for the government is not a personal ambition, but rather a well-deserved victory.”

Al-Sudani continued in his speech, which was followed by “Al-Alam Al-Jadeed”: “In every parliamentary election, the results were not the deciding factor in forming the government,” noting that “today the Reconstruction and Development Coalition is an essential part of the components of the coordination framework, and yesterday the framework met and decided to form the largest parliamentary bloc.”

The head of the Reconstruction and Development Coalition added, “The framework will begin dialogues with the other political blocs to establish constitutional entitlements and form presidencies, and this is the path we believe in.”

Regarding his taking over the position of Prime Minister for a second time, Al-Sudani said: “It is not a personal ambition as much as it is a readiness to bear responsibility, to complete the project that we started, the achievement that has been realized on the ground, and a well-deserved victory for the bloc that won first place in these elections, which is the Reconstruction and Development bloc, and also what we have of a project for the next stage.”

He pointed out that “all political forces are keen to adhere to the constitutional timelines for forming the government,” noting that “we support a stable election law, and it is not right to change the law in every election.”

For his part, Mashreq Al-Fariji, a member of the Reconstruction and Development Coalition and head of the “I Will Take My Right” movement, said in an interview followed by “Al-Alam Al-Jadeed” (November 18, 2025) that “understandings within the coordination framework are ongoing, and that joint dialogue sessions are what will shape the features of the next stage and the selection of the prime minister.”

Al-Fariji believes that “some political forces are speaking beyond their actual size,” noting that “the coalition remains cohesive despite the objections raised regarding the visits of the head of the Popular Mobilization Forces, Faleh al-Fayyad, who has extensive relationships with the coalition’s leaders.” He clarified that the political representation of the Ata’a Movement within the coalition is through Khalid Kabyan, not al-Fayyad, as the latter is not involved in direct political work.

He pointed out that “Al-Fayyad’s recent visits carry messages of calm and congratulations after the elections,” stressing that “talk of disagreements with Nouri al-Maliki has subsided in recent days, and the discourse has become calmer towards the formation of the government.”

Al-Fariji pointed out that “the request by some parties for Al-Sudani to attend the meetings as the Euphrates Current is unrealistic, given that the components of the framework are represented according to their political weights,” indicating that “Reconstruction and Development is still holding on to its only candidate for the premiership, which is Muhammad Shia Al-Sudani.”

He stressed that “the position of Prime Minister has regained its importance, and that there are attempts to return it to its previous state of weakness, which the coalition rejects,” noting that “there are positive messages within the framework regarding the second term of Al-Sudani.”

Al-Fariji stressed that “the majority within the framework will be the decisive factor in choosing the prime minister,” emphasizing that “the objection of one or two parties will not change the final decision, and in the end everyone will reach a consensus.”

He added that “there is rapid movement to form the new government, and the process will be completed before the second month, without any indication of the possibility of a blocking third emerging.”

The Sudanese list, “The Reconstruction and Development Coalition,” won 46 seats out of 329 seats in parliament. The “Progress” party, led by Mohammed al-Halbousi, came in second with 36 seats, followed by Nouri al-Maliki’s coalition with 29 seats, then the “Sadiqun” bloc, led by Qais al-Khazali, with 28 seats, while the Kurdistan Democratic Party, led by Masoud Barzani, came in fifth with 27 seats.

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STUDIES CENTER: THE FRAMEWORK MAY ACHIEVE THE LARGEST BLOC TO FORM A GOVERNMENT WITHOUT SUDANESE. THE POLITICAL LANDSCAPE MAY DIFFER FROM THE RESULTS OF THE BALLOT BOXES.

(Mnt Goat: This article is just a ‘what if’ and is full of opinions and not FACTS of what  is actually going on as it is very dynamic and changes daily. So be careful with headings like this. Be aware there are lots of weird articles about the election, some lies and propaganda.)

(Mnt Goat: How many more elections must we go through before we are done with this investment. Yes, we all should know the process by now after 5 elections.)

A report by the Washington Institute for Near East Policy indicated that despite Mohammed Shia al-Sudani’s victory in the elections, securing 46 seats (it was actually 52 seats the largest majority by any party), he will face significant challenges in forming a government. The report suggested that the Coordination Framework Coalition is likely to form the largest bloc, potentially sufficient to form a government without al-Sudani. This could reshape the political landscape in a direction entirely different from the election results. The report indicated that the government formation process will be slow, potentially taking 8 to 11 months, as has happened previously.

The results of the Iraqi parliamentary elections on November 11 were encouraging, including for relations with the United States. However, the bloc that came in first—the Reconstruction and Development Alliance led by current Prime Minister Mohammed Shia al-Sudani—won only 15% of the parliamentary seats (46 out of 329). Consequently, Iraq is likely to experience a long and tedious period of political bargaining before a new government is formed, similar to the delays that followed previous elections (eight months in 2010 and eleven months between 2021 and 2022).

The biggest winner last week was al-Sudani, whose coalition garnered 1.3 million votes out of nearly 11 million, surpassing the State of Law coalition by 370,000 votes. Al-Sudani’s strategy differed significantly from the 2021 elections, when his list won only two seats, yet he was ultimately promoted to prime minister with the support of the Coordination Framework. This year, al-Sudani campaigned on his domestic achievements, without clear backing from Tehran or its proxies.
The report suggests that despite al-Sudani’s success, the Coordination Framework may still control the largest bloc in parliament, almost enough to form a government.

Why did al-Sudani perform so well despite the criticism?
When al-Sudani began his first term, many Iraqis, fed up with corruption and the lack of services, believed he would be unable to deliver anything for the people. However, his performance over the past period seems to have resonated positively with the public, particularly with Sunni voters who turned out in large numbers on election day. This, coupled with the low Shiite turnout, appears to have helped him secure gains at the polls. Pre-election polls showed that 58% of Sunni and Shia Arabs trusted al-Sudani, the highest rating of any candidate. (Sadr garnered 62% but chose not to participate.) Sunnis also gave al-Sudani’s government relatively high marks for service delivery.
His most notable achievement was infrastructure projects in Baghdad. Polls indicated that his government was most associated with “roads and buildings,” while The Economist recently described the capital as a “thriving metropolis.”

Iraq’s regional standing also improved under al-Sudani. After pledging to work with Ankara to expel Kurdistan Workers’ Party (PKK) elements, Baghdad reopened the long-dormant Ceyhan oil pipeline between Iraqi Kurdistan and Turkey and signed an unprecedented water cooperation agreement with Ankara. Al-Sudani also bolstered Iraq’s efforts toward energy independence and improved relations with Arab neighbors and Washington, including his attendance last month at the Gaza ceasefire ceremony in Sharm el-Sheikh.
But critics of al-Sudani point out that he did virtually nothing to combat rampant corruption, instead reinforcing a sectarian power-sharing system that divides political and economic spoils based on identity rather than merit. Meanwhile, to finance a construction boom in Baghdad, he reportedly drastically cut funding to several provinces, while his preferred method for combating unemployment—which remained high—was to hire nearly a million new government employees, creating a massive budget deficit. He also faced heavy criticism for passing a law lowering the legal age of marriage to nine.

The next steps in forming a government:
During Iraq’s complex government formation process, the outgoing government remains in a caretaker capacity with very limited powers. This dysfunctional transition—which can last for a full year—is partly a natural consequence of multi-party parliamentary systems that require coalition-building (as in Germany and France). But it is also a product of specific provisions in the Iraqi constitution and the way politicians approach governance. The formal process appears simple at first glance. After the election results are certified, the president calls for the new parliament to convene within 15 days. In the first session, the speaker and two deputies must be elected by a simple majority. Parliament can then choose a new speaker (by a two-thirds majority) or extend the term of the current speaker. Then comes the most delicate step. Within 15 days of their selection, the president must task the largest bloc in parliament with forming a government. This year, the likely candidate is al-Sudani, although past maneuvers have ousted the frontrunner.

Iraq’s political system relies on the inclusion of as many parties as possible in government—rather than a clear majority and opposition model. The Shia are divided into numerous blocs vying for the premiership, forcing candidates to court the Kurds and Sunni Arabs. As a result, the government formation process becomes a game of “no final decision until every detail is settled,” even ministerial posts, delaying constitutional procedures for months, as happened with the 2010 and 2022 governments.
The report concludes that despite Sudani’s strong performance in the elections, he will face significant difficulty in forming a coalition capable of securing a second term. After supporting him in 2021, the coordinating framework now regrets its support and will not back his return.

(From the Washington Institute for Near East Policy)

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IN A VIDEO, HALBOUSI, FAYYAD, AND ASADI ANNOUNCE THEIR SUPPORT FOR SUDANI FOR A SECOND TERM.

In a video, Halbousi, Fayyad, and Asadi (major Shia political figures in Iraq) announce their support for Sudani (A Shiite) for a second term. Remember that the prime minister is designated to be a Shiite. There is distribution of power designated in the Iraqi constitution of 2025 as follows from the three main tribes:

Prime Minister – Shiite

Speaker of Parliament– Sunni

President – Kurd

Click on picture to watch video

 Three of the most prominent leaders of political alliances in Iraq have announced their clear support for renewing confidence in Prime Minister Mohammed Shia al-Sudani for a second term and tasking him with forming the new government.

(Mnt Goat: To me this is a clear message that Al-Sudani will most likely be given an opportunity to be prime minster for a second term. If I look at all the past prime ministers none even can compare in the smallest of ways to the successes of Al-Sudani and his work over the last four years. Why would they not want to give him another four years. He did make promises to favor the PMF and that is what that law was all about to pay these Iranian militias and give them benefits that should be reserved only for Iraqi citizens. Remember this was also the law the U.S. Trump administration said they better not do and so Iraq backed off on it. This is the only issue I know that can really hurt Al-Sudani but in the long-run it will also be his survival as they need the support of the U.S. and that is the survival I am talking about.)

Mohammed al-Halbousi, the head of the Progress Alliance and the country’s largest Sunni political leader, confirmed his support for al-Sudani to head the next government, noting that the current stage requires “the continuation of the approach of stability and strengthening trust between the components,” as he put it, in a video statement circulated by the media.

In the same context, Faleh al-Fayyad, head of the National Contract Alliance and one of the most prominent leaders of the Coordination Framework, stressed his support for renewing al-Sudani’s mandate, stressing that “the political and economic stability achieved during the past period requires building upon it,” considering that al-Sudani “possesses a clear vision for managing the state.”

As for the head of the Sumerians Alliance, Ahmed al-Asadi, he also announced his full support for assigning al-Sudani to form the new government, explaining that the next stage needs “an executive leadership that has proven its competence and ability

to manage sensitive files,” stressing that this approach enjoys broad consensus within the national forces.

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FACTIONS “EXPAND” IN THE IRAQI PARLIAMENT AND IMPOSE A NEW EQUATION ON WASHINGTON

(Mnt Goat: I believe Sadar is not very good at politics. He should have let his sec vote and he probably would have taken the majority again like in the last election or at least came in second place. He then could have rolled over these votes to Al-Sudani ‘s party and Sudani would have been able to over come the Coordination Framework. They need to start to find ways to move the Coordination Framework out of the picture in the future or change its thinking. It is too pro-Iranian.)

The morning after the announcement of the Iraqi parliamentary election results, the political arena appeared poised for a different parliament, though the rules of the game hadn’t changed entirely. The most notable absence was that of the Sadrists, who boycotted the elections, leaving a void in the Shia community.

This void wasn’t filled by the civilian groups close to the October protests, whose presence had waned due to internal divisions and a sense of betrayal. Instead, a significant portion of this void flowed in a completely different direction: towards the armed factions, which emerged from the ballot boxes with their largest parliamentary representation since 2003.

The results announced by the commission painted a picture of a parliament with a total of 329 seats, in which the political arms of the armed factions occupy between sixty and seventy seats, led by the Sadiqun Movement affiliated with Asaib Ahl al-Haq with twenty-eight seats, followed by the Badr Organization with about twenty seats, in addition to smaller lists and blocs revolving around what is known as the “resistance factions.”

This parliamentary expansion was not just a numerical surprise to the opponents of these forces, but it immediately turned into a new internal equation that may confuse the calculations of Baghdad, Washington and Tehran alike.

Part of the explanation for this shift lies in the nature of the context in which the elections took place. The absence of the Sadrists, who in the 2021 elections represented a large Shiite popular base and a reservoir of protest and anger at the same time, left a segment of voters without a direct political address.

In contrast, the remaining civil movements that emerged from the October protests appeared unable to transform the previous street momentum into organized representation, after being subjected to security blows, organizational divisions, and partial settlements with the authorities, as those close to this movement say.

In this vacuum, other factors beyond Iraq’s borders accumulated. Political analyst Issam Hussein believes that what happened cannot be viewed as a passing shock, but rather as the culmination of a process that began years ago.

Hussein told Shafaq News Agency that the media played a crucial role in “exaggerating the symbolic presence” of the factions, through the discourse of “resistance and steadfastness,” but what made the numbers “very impressive,” as he described it, was the volatile region surrounding Iraq.

Hussein lists what he calls a series of psychological and political shocks to the Shiite and Arab street, from the Twelve Days War, to the assassination of the Secretary-General of the Lebanese Hezbollah, Hassan Nasrallah, to the Al-Aqsa flood in Gaza, the rise of armed organizations to power in Syria, and then the way the United States dealt with these issues.

According to his analysis, the Iraqi voter in this election cycle has shifted from seeking “services” to seeking “protection.” “The voter who, years ago, was swept up by slogans of a civil state and fighting corruption, today finds himself preferring to vote for those who possess weapons, combat experience, and organizational skills in the face of what he sees as an existential threat to the region. He voted for the factions as a reaction to regional upheavals rather than as an open mandate for them.”

The paradox that Hussein points out is that the long-standing American hostility towards the factions was not previously a factor in increasing their electoral standing as it has been now.

The assassination of the deputy head of the Popular Mobilization Forces, Abu Mahdi al-Muhandis, and the commander of the Iranian Quds Force, Qassem Soleimani, in early 2020, is remembered as a moment that could have generated a massive wave of popular sympathy for the factions, but it did not to a great extent, because the general mood at the time was more preoccupied with the October agenda and overthrowing the system from its roots.

Today, the scene is almost reversed, as the tough American rhetoric towards these forces has turned, in the eyes of a segment of the public, into further evidence of their “competence” to confront foreign influence.

However, the explanation for this rise is not limited to external factors alone. Within Iraq, these results translate into a potential redistribution of power within the ruling system. Political analyst Majash Mohammed describes what has happened as a “remarkable political shift” in the post-2003 trajectory.

Mohammed told Shafaq News Agency that the results reflect “a popular mood that rejects instability and desires representation for forces that have a clear organizational and popular presence,” noting that the factions that contested the elections are no longer just armed formations on the margins, but rather political and social networks rooted in governorates, cities and neighborhoods.

From his point of view, this victory will strengthen the presence of those forces within state institutions, and give them greater ability to influence the formation of the next government and set its priorities, especially in sovereign matters, foreign relations, and security and energy policies.

Within the same coordinating framework, Mohammed expects these figures to redistribute roles among its components, so that some centers of gravity gradually shift from the traditional parties to the wings most closely linked to the military arm.

All of this places the position of the current Prime Minister, Mohammed Shia al-Sudani, at the heart of the equation. The man who came to the premiership with the agreement of the factions and with an undeclared Iranian-American blessing, finds himself today facing stronger parliamentary partners who are more skeptical of his intentions, as the political opinion close to the framework suggests that al-Sudani’s chances of a second term are “weak”.

Mohammed explains that the factions view the last period of al-Sudani’s rule as a phase in which he distanced himself from their camp and moved closer to a regional positioning that leans towards Turkey, Qatar, and currents close to the Muslim Brotherhood. He tried to send signals to Washington that he does not fully endorse the factions’ support for his policies, and that he is ready to talk about controlling weapons. He also surrounded himself with an advisory team and networks within his office that do not look favorably upon the influence of these forces.

In the background, the United States stands watching this shift with a mixture of concern and cold calculation. The US State Department had previously warned Shafaq News Agency, days before the elections, that any expansion of armed factions within state institutions would be a “serious cause for concern,” emphasizing the need to restrict weapons to the state and to adhere to security and economic partnership agreements.

Those warnings seemed at the time to be more like preemptive messages, but today they are turning into a framework through which the new scene in Baghdad can be read.

In this context, the US Special Presidential Envoy to Iraq, Mark Savaya, has adopted a more direct tone in his recent statements. He reiterates that the Trump administration “will not accept” armed factions having “the upper hand” in the next government or controlling key aspects of sovereign decision-making, particularly in matters of security, energy, and foreign policy.

The implicit message is clear: there is no veto on these forces participating in the political process as long as they have been involved in it for years, but there are red lines relating to the level of their control and the structure of the relationship with Iran.

This balance between declared non-interference and undeclared veto is explained by former US State Department advisor David Phillips, who spoke to Shafaq News Agency, stressing that Washington is aware that coalition negotiations in Iraq “take a long time” and that it is prepared to give the process some time, as long as the Iraqis “negotiate in good faith.”

However, Phillips points out that the Trump administration is known for its quick resort to the “sanctions weapon” when it sees its strategic interests threatened, and that it may use the threat of this weapon to exert pressure at crucial moments of negotiation, while being careful to wait for the government formation process to end and see its outcomes before moving on to any decisive steps.

In contrast to this caution, Safwan Al-Amin, a senior fellow at the Atlantic Council in Washington, believes the whole process is heading towards “arduous” and lengthy negotiations to form a government.

Al-Amin told Shafaq News Agency that the armed factions have been an established part of the scene for years, and consider themselves to have an “acquired right” to power, and they will not easily accept being asked to back down or freeze their influence.

In contrast, the demands of the US administration seem clear regarding restricting weapons to the state and not allowing the emergence of a government subject to armed agendas, which creates a structural contradiction between two parties, both of which possess powerful tools of pressure, from the ability to obstruct in parliament to sanctions and economic and political pressure.

Between these four approaches, the Iraqi and the American, the picture of post-2025 Iraq appears more complex than the numbers alone suggest.

The rise of factions in parliament is not just an increase in the number of seats, but a test of the political system’s ability to adapt to the presence of armed forces at the heart of legislation and governance, a test of Baghdad’s relationship with both Washington and Tehran, and perhaps also of the limits of what remains of the dream of a civil state raised by the Tishreen squares years ago.

The new parliament, which lacked the banners of Sadr and the crowds of Tishreen, may turn into a stage for the first serious clash between the logic of “the state first” and the logic of “resistance first”.

Meanwhile, the Iraqi street remains facing a scene that is still taking shape, between a parliament in which armed factions are expanding, a future government that has not yet been born, a prime minister whose ground that brought him to power is gradually being pulled out from under his feet, and external allies who are watching from afar and adjusting their calculations, in a country where every election is accustomed to being the beginning of a new crisis, not its end.

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A US DELEGATION WILL VISIT BAGHDAD SOON, CARRYING MESSAGES FROM THE WHITE HOUSE.

An Iraqi diplomatic source revealed on Wednesday that an American delegation is expected to visit Baghdad to deliver messages from the White House administration regarding Iraqi issues. The source told Shafaq News Agency that “a delegation including American political figures   will visit Baghdad soon, carrying messages from Washington to all partners in the political process in Iraq . “

He added that “the anticipated American visit is a confirmation of Washington’s interest in what is happening in Iraq .”

The relationship between the United States and Iraq has been experiencing a diplomatic standstill since Donald Trump took office, with communication and meetings limited to the US Chargé d’Affaires in Baghdad, Steven Fagin, and a single phone call received by Prime Minister Mohammed Shia al-Sudani from Foreign Minister Marco Rubio.

However, last August a high-level American delegation visited the Iraqi capital, Baghdad, to discuss a number of issues with Iraqi officials.

According to an informed source who spoke to Shafaq News Agency at the time, the delegation discussed the issue of the American withdrawal from its main bases in Iraq and the repercussions of that, in addition to an economic file and another related to energy.

On October 19, US President Donald Trump decided to appoint Mark Savaya as special envoy to Iraq. Trump wrote on his platform “Truth Social,” as reported by Shafaq News Agency, that “Mark’s deep understanding of the relationship between Iraq and the United States, and his extensive connections in the region, will contribute to advancing the interests of the American people.”

Savaya, an American businessman of Iraqi (Chaldean/Assyrian) descent from Michigan, has risen to prominence in recent years through his support for Trump’s election campaign and his activities within Middle Eastern communities in the United States.

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AN AMERICAN INSTITUTE: WASHINGTON MAY USE THE DOLLAR TO DESTABILIZE THE NEXT BAGHDAD GOVERNMENT IF ITS CONDITIONS ARE NOT MET. 

The Middle East Institute revealed on Wednesday (November 19, 2025) that the US administration intends to use Iraq’s dollar-based oil revenue system as a direct pressure tactic against the next Iraqi government, potentially destabilizing it if it fails to implement the conditions related to the Popular Mobilization Forces.

The institute said, according to its translation for “Baghdad Today”, that the US Federal Reserve is still operating as the main financing system through which Iraqi oil revenues pass into dollars, indicating that “Washington is not only using this channel as a tool of pressure, but also as a weapon that can be employed to destabilize the next government in Baghdad if it does not comply with the American conditions.”

He explained that the current US policy towards Iraq is based on a combination of incentives and threats to urge Baghdad to adopt policies that are consistent with US interests, especially in the areas of combating terrorism and managing regional affairs, while being careful not to allow negative repercussions on the global energy market or on the interests of US companies operating inside Iraq.

He added that “the next government will face a more complex challenge in balancing these pressures, especially since the new parliament will have to deal with sensitive American conditions, most notably the legal status of the Popular Mobilization Forces and its financial footprint, which is the file where the threads of American and Iranian influence directly intersect.”

The Middle East Institute indicated that the power struggle between Washington and Tehran within Iraq will be “the most intense during the next phase,” based on the fact that Tehran relies heavily on Iraqi support, which constitutes a lifeline for its political system, as it put it.

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CENTRAL BANK OF IRAQ: NET CURRENCY IN CIRCULATION EXCEEDS 92 TRILLION DINARS IN ONE MONTH

The Central Bank of Iraq revealed on Tuesday that the net currency in circulation amounted to more than 92 trillion dinars during September 2025. The bank stated in a statistic seen by Shafaq News Agency that the net currency in circulation amounted to 92.185 trillion dinars in September, down from 93.090 trillion dinars in August.

The bank added that the currency issued by it amounted to 99.681 trillion dinars, while the currency held by banks amounted to 7.496 trillion dinars.

(Mnt Goat: So, CBI what are you going to do about it? Seems you still have a massive liquidity problem…. ☹)

The bank indicated that the issued currency is the money that the state prints through the central bank for the purpose of circulation, and it includes banknotes of paper and metal denominations circulating outside the vaults of the central bank.

(Mnt Goat: This also includes the dinar we hold outside of Iraq as it is outside the vaults of the central bank. How are they going to retrieve these dinar to bring down the money supply to bring up the rate of the dinar. They will need to do this when going digital dinar project, which they want to kick into high gear but can’t until they retrieve all this cash. Get it? I don’t know about you but they are not going to get my dinar until they pay me handsomely for it… 😊 )

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THE OIL AND GAS LAW: KURDISH PRIORITIES IN THE IRAQI GOVERNMENT FORMATION NEGOTIATIONS.

 
Following the election results and the announcement of the number of seats won by the Kurdish blocs in the Iraqi parliament, attention is now focused on the Kurds’ objectives for the next phase and their future plans.
President Masoud Barzani called for the implementation and enactment of five key laws, most notably amending the election law, implementing Article 140 of the constitution, and enacting the long-stalled oil and gas law, which has been stalled for nearly two decades. He

also reiterated his call for Kurdish political forces and parties to proceed with forming the new Kurdistan Regional Government.
In his address, Barzani stated that after 2003 and the fall of Saddam Hussein’s regime, a golden opportunity presented itself, and the political process was built upon three principles: balance, consensus, and equality. He added that in 2005, the country’s permanent constitution was ratified. Despite some shortcomings, it is considered one of the best constitutions in the region, promising a bright future. This constitution, he emphasized, must be respected as it will usher Iraq into a new era by regulating its relations with regional and international partners.
The passage of the oil and gas law is considered a solution to most of Kurdistan’s problems and a crucial step towards resolving outstanding financial issues and unifying oil policies between the federal government and the Kurdistan Region. Among these issues are the deep and persistent disagreements over energy resource management, which have prevented the law’s enactment. These disagreements have led to the l

aw’s failure to pass. The
unresolved problems between Baghdad and Erbil include issues such as the oil and gas contracts signed by Kurdistan, which have resulted in legal disputes between the Iraqi Ministry of Oil and the regional government. Meanwhile, former Patriotic Union of Kurdistan (PUK) MP Gharib Ahmed asserts that most of the outstanding problems between Baghdad and Erbil stem from the lack of an oil and gas law. Speaking to Al-Mada, he emphasized that “passing the law will contribute to resolving the most significant challenges, namely oil exports, the payment of employee salaries, and the economic problems that have plagued Kurdish citizens for years.” 

He pointed out that “the disagreements between the federal government and the Kurdistan Regional Government have prevented the law’s passage and its submission by the federal cabinet for parliamentary approval.” The Kurdistan Region experienced a severe financial crisis as a result of the federal Ministry of Finance’s withholding of employee salaries, accusing the regional government of failing to remit non-oil revenues and of not fully delivering oil to the State Oil Marketing Organization (SOMO). Months ago, the federal government and the Kurdistan Regional Government reached a historic agreement that allowed the region to resume oil exports through the Turkish port of Ceyhan. 

Although the federal government began disbursing salaries to employees in the region, delays persist, with Baghdad and Erbil exchanging accusations regarding who is responsible. Meanwhile , Sabah Hassan, a member of the Kurdistan Parliament from the Kurdistan Democratic Party (KDP), indicated that passing the oil and gas law is the solution to the problems between Baghdad and Erbil. In an interview with Al-Mada, Hassan stated, “The solution to the problems between Baghdad and Erbil, and the crisis that recurs monthly, is the passage of the oil and gas law in Parliament, which will guarantee everyone their rights.”

He added, “The salary problem has persisted for 10 years, and there is a deliberate effort by some political entities to create problems. The optimal solution to these recurring crises lies in passing the oil and gas law, as it will provide a comprehensive solution. All agreements between Baghdad and Erbil are temporary and are not adhered to by the federal government.”
He emphasized that “the oil and gas law is based on a constitutional provision and article, but some political blocs are shirking their responsibility to implement this article because it pertains to the Kurdistan Region, just as they have shirked their responsibility to implement Article 140 of the Iraqi Constitution.”
In Erbil, Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, received a delegation from the US-Kurdistan Business Council, headed by its president, David Tvorey. The two sides discussed several issues of mutual interest.
The Deputy Prime Minister indicated that “we support the swift passage of the oil and gas law during the new session of the Iraqi Parliament, which will contribute to resolving the disputes between the region and Baghdad in accordance with the Constitution and the relevant powers, and in a manner that respects the special status of the Kurdistan Region.”
The oil and gas law is one of the most prominent outstanding issues, with disagreements resurfacing with each parliamentary session without reaching a final settlement that satisfies all parties. Regarding
the revitalization of the economy
, economic expert Salar Aziz believes that the oil and gas law can only be passed by prioritizing it in the negotiations to form the Iraqi government.
In an interview with Al-Mada, he explained, “This issue must be a top priority in negotiations between the Kurdish, Shia, and Sunni parties to ensure its passage during this session. This requires unity among the Kurdish parties on this matter, speaking as a unified voice, so they can form a force to be reckoned with.”
He added, “Passing the law will contribute to improving the region’s economy, ending the salary crisis, operating refineries and gas plants, and utilizing the untapped oil reserves in the region’s fields.

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IMF EXPLAINS IRAQ’S EXCHANGE RATE ARRANGEMENT

16th July 2025 in Iraq Banking & Finance News, Politics 

By John Lee.

The International Monetary Fund (IMF) has issued a brief explainer on Iraq’s exchange rate arrangement. As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows:

“Exchange Rate Arrangement

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

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

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

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

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IRAQ IS SET TO IMPLEMENT A NEW CURRENCY 

MECHANISM ON DECEMBER 1, 2025

Iraq is set to implement a new currency mechanism on December 1, 2025, which includes the introduction of a central bank digital currency (CBDC) and a redenomination plan. 

This move aims to modernize Iraq’s financial system, enhance financial transparency, and reduce reliance on traditional fiat currencies. The CBDC will eventually replace physical banknotes, while the redenomination plan will simplify transactions and improve public confidence in the dinar’s value. 

The Central Bank of Iraq has not specified the exact exchange procedures or deadlines, but a phased rollout is expected. This transition is part of broader global banking reforms and will require a strong technology foundation and public acceptance to ensure its success.

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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