Ross: Take a Look at How Far We’ve Come

Ross
@Ross_ptm

One of my employees who invested in IQD a while back asked me for an update so I tried to formulate something concise to share with them and man… when you take a look at how far we’ve come in such a short time… so exciting:

• Official announcement: decision to delete 3 zeros is made

• Zeros deletion = Step 1 (internal cleanup). Rate move = Step 2

• ~40 trillion IQD potentially blocked via proof-of-origin checks

• Communications Minister speaking on currency is unusual (normally CBI territory)

• Zaidi’s first 100 days framed as major repositioning + serious anti-c********n

• Clawbacks and canceled contracts improve fiscal runway for a higher rate

• 2027 budget submission expected late Sept / early Oct

• Budget written at the old rate becomes obsolete if the rate moves after — creates a hard window

• Digital payment infrastructure and bank reintegration advancing

• Regional pressure has made banking + fiscal reforms non-optional

• Everything is aligning for the rate adjustment phase

Source(s):
• https://x.com/Ross_ptm/status/2091023597703983121

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