mnt goat

Article:  “AL-YAKTI TOLD ULTRA IRAQ: BAGHDAD AND THE REGION REACHED AN UNDERSTANDING ON  THE BUDGET, OIL, AND ASYCUDA.”  The Oil and Gas Law is one of the five main issues […]

Article Quotes:  “the Central Bank may move towards issuing 50 and 100 dinar denominations in the next stage…”; “the Central Bank has not yet made a final decision regarding this […]

…understand to appreciate that things in Iraq are not as normal as over the last 23 years and are changing VERY fast.  This is all tied to the meeting with […]

Article:   “AN ECONOMIST PREDICTS THE RETURN OF THE 50 AND 100 DINAR DENOMINATIONS WITH THE CURRENCY CHANGE”   Yes, the CBI can issue these two notes without any parliament approval, at any […]

Issuing new denominations vs changing the currency: These are two distinct tasks and… After consulting my CBI contact…I was told the following:  Issuing newer denominations does not mean a redenomination […]

Article Quote:  “during its recent meeting with the governor of the Central Bank, the finance committee raised several questions related to removing zeros, printing currency…”   So, this confirms to us the […]

Article:  “PARLIAMENTARY FINANCE COMMITTEE: THERE IS AN INTENTION TO ISSUE BANKNOTES IN DENOMINATIONS SMALLER THAN 250 DINARS”  This fourth confirmation comes from…another a member of the parliamentary finance committee…So, once again we […]

Article:  “SMALL BANKNOTE SHORTAGE CAUSES DAILY DISRUPTION IN KIRKUK MARKETS”  As this liquidity crisis worsens, the pressure builds to do something and do it soon…remember conducting this project of removing […]

…I have to say the news just keeps getting better and better…When can we expect the CBI to make a decision on their move of removing the zeros? This should happen […]

I talked to my CBI contact…and I was told this decision of 2027 is not yet final.  She told me she cannot understand how they would even think about waiting that […]

I…want to point out the convergence of events that is about to happen. We will get peace in the middle east, Iran’s influence in Iraq will end, the IQD will be […]

Article: “IRAQI GOVERNMENT MAY INTRODUCE A NEW CURRENCY IN 2027” Quote:  “This development comes amid ongoing regional and domestic economic pressures, making 2027 a potential turning point for Iraq’s monetary policy.” …in this […]

…I want to emphasize…that the budget is based on the price of oil and not the exchange rate of the dinar…it is not yet able to base the budget on the […]

…all the news has been fantastic. All the great news over these last couple weeks is all about removing the zeros and how they intend to do it. The Finance Committee […]

I have to tell everyone that there are new events that lead us to strongly believe that there is once again a target of January 2027 for a reinstatement. This means […]

Article quote:  “… removing zeros could be part of a “broader monetary and banking reform package that enhances confidence in the dinar and supports economic stability.  It is not a […]

Article:  “A CRISIS OF CONFIDENCE AND A CASH ECONOMY: AROUND 97 TRILLION IRAQI DINARS ARE OUTSIDE THE BANKING SYSTEM”  …another article…reinforcing the problem once again and thus why they need to […]

Article:  “THE CENTRAL BANK OF IRAQ IS DISCUSSING REMOVING ZEROS FROM THE DINAR”  Quote:  “…there is a discussion about preparing a draft law that can be submitted to the House of […]

In today’s news…we have two members of Al-Zaidi’s cabinet the communications director and now a member of the Finance Committee (which is ‘BIG’) that there is a government trend towards […]

…so many articles on removing the zeros and what to do about the monetary reform…Why in hell would they do this if not a major effort to initiate this event. […]

I have to tell everyone that there are new events that lead us to strongly believe that there is once again a target of January 2027 for a reinstatement. This […]

Question:  “do we as dinar holders outside of Iraq have any assurances that when the timeframe to turn in 3 zero notes expire inside Iraq that our 3 zero notes […]

I also want to add I did have a conversation with my CBI contact once I heard about this news. She was the representative from the CBI…attending the all important […]

…there is a VERY STRONG emphasis that…removing the zeros …is going to happen and has been at least authorized and decided on to go forward now from the GOI Finance […]

Article:  “IRAQ TO DROP ZEROS FROM ITS CURRENCY AS DINAR ‘REDENOMINATION RETURNS?” Note the question mark in the title.  In the article it says that “Iraq’s Communications Minister Mustafa Sanad says […]

The FACTS speak for themselves. Iraq will have to do something in the VERY near future to resolve this liquidity crisis before it turns into an inflation crisis, which could […]

Today the 250 note is worth about 2 cents USD, the 500 note about 5 cents USD and the 1000 note about 90 cents USD. I also reminded my contact that […]

My CBI contact…reminded me that CBI also has a plan but they need a buy-in from all entities such as the World Bank, the IMF and the US Treasury to implement […]

But here is the dilemma, Dr Shabibi told us way back in 2012 the dinar could withstand up to a market $16 rate on FOREX. If this was true back in […]

My CBI contact…said. They (CBI, IMF, World Bank, US Treasury) all know that once the currency is converted back to all lower denominations it must be followed by a revaluation. With […]