CBI Weekly Media Office Updates.

[Luigi1]

Here's some CBI Media Office Updates...

CBI Weekly Media Office Updates.

Treat as rumors.  not verified.  Your opine.

 

 

FROM IRAQI SOURCES:  CBI Denies Claims Of Reducing The Dinar's ER To 4,000 Against The USD.

ARTICLE:  The CBI denied on Tuesday claims of a reduction in the Dinar's ER against the USD.

 

A statement from the bank indicated that "some news websites and social media outlets have circulated reports claiming to be based on a study by the CBI suggesting the possibility of reducing the Dinar's ER to 4,000."

 

 

The bank affirmed, according to the statement, that "the report is false, and the bank continues to defend the current exchange rate, with current monetary indicators supporting this stance."      CBI Media Office

 

The CBI Denies Rumors Of A Dinar Devaluation.

ARTICLE:  The CBI denied on Tuesday (November 11, 2025) rumors of the Dinar's decline, stressing that they were untrue and were not issued by any official body.

The bank's media office stated in a statement that "the CBI denied the news circulating about the expected decrease in the value of the dinar to 4,000 Dinars against the Dollar, stressing that this information is incorrect & was not issued by any official body within the bank."

The bank called on the media and citizens to rely only on official sources & to avoid being drawn into rumors aimed at creating financial panic in the market.       CBI Media Office

 

A source Clarifies: There Will Be No Change To The ER The CBI Continues To Defend It.

ARTICLE:  Some media outlets reported on a study suggesting a government plan to adjust the ER in the future.  However, it turned out that this plan, which was published in studies, did not originate from the central bank & dates back more than ten years.

In this context, a source from the CBI confirmed on Tuesday (November 11, 2025) that foreign reserves remain at comfortable levels sufficient to cover imports & enhance the stability of the financial market.

The source explained that "the CBI continues to defend the current rate & that the monetary & financial indicators in the country are stable & support this trend."

This denial comes after unofficial reports circulated on digital platforms claiming that there was a government intention to adjust the ER in the future. 

CBI Media Office

 

Iraq Avoids Budget Deficit Thanks To One Factor... Expert Reveals The Secret.
ARTICLE:  Economic expert, Salah Nouri, revealed that the Financial Management Law No. 6 of 2019 served as a safety valve that saved Iraq from entering a state of financial deficit.
 
by addressing cases of delay in approving the federal general budget law or its failure to be approved on the specified dates. Nouri told Al-Furat News Agency that:
 
“The Financial Management Law has addressed several cases related to the approval of the Federal General Budget Law,” noting that  “Article 13 stipulated clear procedures to ensure the continuity of spending even if the Budget is delayed beyond December 31 of the year preceding the year in which it was prepared.” 

 

He explained that  "the aforementioned article authorized the Minister of Finance to issue an official circular based on specific criteria,  whereby it permits spending at a rate of {1/12} or less of the total actual expenditures for current expenses for the previous fiscal year, after excluding non-recurring expenses to ensure the continuity of employee salaries & the operation of government facilities without interruption." 

 

Nouri added that  "the same article allowed for spending from the total annual allocation for ongoing investment projects whose allocations were included during the previous & subsequent fiscal years, according to the actual completion rates or completed stages of preparation with the aim of preventing the suspension of projects under implementation." 

 

 The economist explained that  “the third paragraph of the article accurately addressed the situation of the budget not being approved at all, as  it stipulated that the final financial data of the previous year be adopted as the basis for the financial data of the new year, provided that this data is submitted to the House of Representatives for the purpose of approval, which ensures the continuation of the state’s financial activity in a legal& organized manner.” 

 

Nouri stressed that   “this article, with its three paragraphs, represented a comprehensive solution to the situation of delaying or not approving the budget at the end of the fiscal year,” explaining that “thanks to it, Iraq avoided falling into financial paralysis, especially since the House of Representatives had previously approved a budget for three years {2023 – 2024 – 2025}, which strengthened financial stability & contributed to regulating government spending within specific & clear ceilings.”       CBI Media Office

[Luigi1]

Here's another article of GCR interests...Sovereign Debt reform...

 

 

FROM ALTERNATE SOURCES:   Finance — IMF Fast-Tracks Sovereign-Debt Reform.

ARTICLE:  Global institutions accelerate restructuring tools as debt stress rises across emerging markets. 

 

Overview:

-The International Monetary Fund (IMF) has accelerated reforms to its sovereign-debt restructuring framework, introducing “expedited coordination tools” that allow new programs to be approved within two to three months once creditors align. 

-The goal is to shorten resolution times & improve transparency for both private and bilateral creditors.  In parallel, the Global Solutions Initiative called for modernization of the Global Financial Safety Net (GFSN), advocating broader use of regional financial arrangements & equitable allocation of Special Drawing Rights (SDRs) to align with climate & development goals.

-Think-tanks such as the Friedrich Naumann Foundation warn that debt distress remains high across developing economies, underscoring urgency for systemic reform.

 

Key Developments:

-IMF introduces accelerated debt-program approval tools (target timeline: 2–3 months after creditor coordination).

-Global Solutions Initiative urges overhaul of the GFSN to include RDAs & climate-linked SDR frameworks.

-Friedrich Naumann Foundation highlights that more than 60 countries now face elevated debt-distress or solvency risks.

-Consensus emerging that future lending frameworks must embed resilience metrics tied to sustainability and growth outcomes.

 

Why It Matters:
This reform effort shifts the global financial system from ad-hoc debt bailouts to institutionalized, faster, rules-based mechanisms. 

 

Shorter restructuring cycles reduce uncertainty in sovereign bonds, freeing liquidity for productive investment & limiting contagion.

 

A rebalanced safety-net architecture redistributes the cost of stabilization, empowering emerging markets while constraining moral hazard.

 

By linking SDR allocation to climate & development criteria, capital inflows may increasingly hinge on policy alignment, influencing how nations access liquidity & collateralize reform commitments.

 

Implications For The Global Reset:

-Pillar: Finance or Financial Infrastructure — Institutional redesign of debt resolution reshapes global liquidity flows & the rules of sovereign solvency.

-Pillar: Global Debt Realignment — Accelerated restructurings mark a systemic shift toward coordinated, conditional relief that re-anchors fiscal sovereignty within a new, rules-based order.

This is not just politics — it’s global finance restructuring before our eyes.

[Luigi1]

Here's MZs two cents worth...UST:"You're going to see substantial announcements over the next couple of days.

 

 

Some highlights by PDK-Not verbatim.

THREAD:  UST: "You're Going To See Substantial Announcements Over The Next Couple Of Days.

Member: Gooood morning Mark, mods & fellow Patriots!

Member: Come on RV, med beds & Nesara! Roll the dice.

Member: Any news from anyone for today Mark?

MZ: The bond side is still quiet. I do know of a couple with meetings on Thursday & Friday. No response from my contact that expected payment on Tuesday or the contact who had a payment pending in his account. They are being very quiet.

Member: Sudani was re-elected!

MZ: “Sudani secures major victory in general election” They still have to finish counting & balance the early voting/special vote so it may be late this evening before we have the final count. But its projected to be a “landslide”

MZ: IMO – this is good news for those of us watching for the RV.

Member: Scott Bessent says $2,000 tariff checks from President Trump would go to families making less than $100,000 per year-Plus, MAJOR tax refunds coming in 2026 because of Trump's new laws. Nesara?

Member: UST Secretary Scott Bessent: "You're going to see substantial announcements over the next couple of days. On fox news this morning.

Member: I am hearing good things- Rumor is the rate is coming today or to morrow.

Member: Another rumor is the rate released to us on Dec 8th?

Member: Frank is reporting they have a date & rate & he is hearing higher than $4.24?

MZ: I am hearing between the high $3 range to the high $4’s.

MZ: There are so many rumors floating around. We are hearing tons of rumor. Just stay calm.

Member: IMO-The IQD will remove 3 Zeros to price at $0.76. People are yelling NOOO, but when they include the US or.10% planned valuation, it becomes $7.60. Right where we believe it should be.

MZ: The chatter in Iraq is through the roof. Articles swinging all over the place. But this is exactly to be expected. Don’t ride the roller coaster this week.

MZ: I do believe that Sudani being re-elected is a good thing & things will be stable & push the RV along- to a close.

Member: So there is a “bot” monitoring chat now?

MZ: And it is set up so that if there is a NDA. We can plug the NDA in & it will remove anything that could get you guys & me into troubl & possibly get your money clawed back. This is to protect us. We can get rid of it after our NDA’s expire. If there is no NDA- we can just turn it off.

MZ: I believe we are that close. I do not believe there will be an NDA but if I’m wrong- we are prepared.

Member: Hope for the best- but prepare for the worst.

Member: Mark, regardless of NDA or no NDA, I’m personally going to act as if I’m under a strict NDA because it will keep me from having to answer questions I don’t need to be answering!

Member: Why would you want to talk about the wealth you just acquired? You'd be a target.

Member: Did the bond people get paid & have an NDA?

MZ: We do not know for certain but I suspect some of them have & those that leak right now do not have their money yet.

Member: Hi Mark. Will we have to pay capital gains tax on foreign currency exchange?

Member: There are no taxes or subsidies on purchases or sales of foreign exchange.

Member: I believe we need to wait until our appointment to know for sure.

Member: Can’t believe we are a year into Trump after waiting so long & we are still waiting!

Member: What’s your gut feeling about this weekend?

Member: I would appreciate having a RV this week.

Member: Really hoping at least by Thanksgiving.

Member: Mnt Goat .(From Dinar Guru) everything that I am about to tell you today has been confirmed with my CBI contact last night on a call to Iraq. FACTUAL information. For years (decades) we have been waiting for the revaluation of the Iraq dinar & to see the IQD once again reinstated on FOREX. I am here today to tell you this is about to happen & happen much sooner than you may comprehend. But. We must still be patient & wait for it.

Member: Rates we will see on forex after RV: $3.00 = 0.333 $3.22 = 0.310 $3.46 = 0.289 $3.50 = 0.285 $3.86 = 0.259 $4.00 = 0.250 $4.10 = 0.243 $4.40 = 0.227 $5.00 = 0.200 $5.25 = 0.190 $5.50 = 0.181 $6.00 = 0.166 $7.00 = 0142 $8.00 =0.125 $8.25?

Member: Thanks Mark & mods. Everyone enjoy your day.