militia

IMF Article VIII status:  The IMF’s Article IV consultation published in July of 2025 confirms Iraq no longer maintains any exchange restrictions on current account transactions and no longer has multiple […]

We’ve been studying Iraq’s financial and monetary reforms.  What we’re seeing in the last 3+ years under Prime Minister Sudani, Financial advisor Sammy, Central Bank Governor Alaq is simply the fastest […]

For anyone that’s been watching …even just a few years, note that, that quiet, methodical way this is being executed is exactly what we always thought it would.  They can’t tell […]

Investors are going to see the emerging market aspect of Iraq is a no-brainer especially with the largest financial institutions…energy companies in the world there.  I think markets see growth […]

They’re not speaking a lot louder in what they’re doing and that’s understandable.  They’re not going to tell us exactly what they’re doing but they’re being a little more vocal […]

Confirmation came on December 1st from Alaq himself.  “The digital dinar project is actively under implementation…”  He didn’t say its under study.  He says it’s under implementation.  It’s a total change.  […]

Iraq is further along than the headlines suggest because that’s what’s taking place in that quiet hush that I talk about.  They’re further along and that’s really powerful…Because those quiet […]

Delete the 3 zeros still being talked about.  Lower denomination banknotes have been printed and are stored.  That’s in the news I have.  Old and new notes will circulate for 6 to […]

The CBI and government advisers have publicly stated in the last week that the next regime will be a managed float and the CBI will guide the rate using reserves rather […]

The only remaining official steps are the publication and/or re-denomination law and the formal transition to a damaged float because that’s what they indicated.  That’s how I see it.  Whether […]

Nobody in official position has promised an overnight jackpot.  Nobody has.  And that’s a good thing.  They shouldn’t do that and they won’t…But everything on their official checklist is either done […]

Banking progress is moving fast.  20 Iraqi banks now deal directly with international banks.  That’s up from only three banks two years ago.  Over 80 new digital bank licenses are […]

[In] 2025 Alaq detailed banking reform including…meeting international standards.  They’ve been doing everything they need to do. That’s why to me they’re further along than they tell you…That is a sign […]

Safe debt + huge reserves + low inflation = a perfect report cared for the Bank of International Settlements.  The [Iraqi] BIS application filed this month.  You see how these things are […]

Drop the 3 zeros, apply the real effective exchange rate and that’s where the AAD [Arab Accounting Dinar – The official unit of account for the Arab Monetary Fund] comes […]

There’s a thing called the FATF, the Financial Action Task Force grade list.  Review could take Iraq completely off this watch list is scheduled for the first part of 2026, but […]

Famous statement from earlier this week on Monday from the central bank, ‘There’s no plan to change the exchange rate at present‘.  Governor Alaq and Dr Saleh both used almost exactly […]

Lower denomination bank notes, the ones they’ll drop the three zeros from, are designed, contracted and ready…

There’s a new season with Iraq.  We’re seeing remarkable progress in what’s taking place of late…Parallel market dips are really important. They’re really not public about it, as these guys […]

They’re not going to tell you exactly when that’s going to happen.  The change can happen quickly with minimum disruption.  How do we know that? Because the last revaluation of Iraq, Alaq just […]

This isn’t just Iraq doing this [currency reform].  This is the world helping, the largest financial systems in the world, IMF, United States Treasury and Bank of International Settlements.  Those are […]

In the 2012 Interview at the US Chamber of Commerce, [then CBI governor] Dr. Shabibi…noted that before major adjustments like a real effective exchange rate update, there would be a short […]

There was an article out that has a lot of people unnerving…But you got to really get the context…The Iraqi dinar exchange rate…had a lot of turmoil.  You see things […]

Current official rate at 1310… parallel market is about 1430.  Expected new official exchange rate once they drop the zeros, new dinars per US dollars…when the political decision is taken, most […]

All these big laws, oil, gas, budget, etc…if they do what they say they’re going to do, these laws become 15% to 25% cheaper to pass because everything is suddenly […]

October 31 press conference:  Foreign reserves cover 18 months of imports.  Do you realize how big that is?  That’s not normal for countries.  That’s far over average…‘We have plenty of dollar and the […]