Saturday, June 20, 2026

💰🇮🇶 IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM

 💰🇮🇶 IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM

Iraq's Deputy Minister of Finance, Ali Karim, met with a World Bank delegation led by Michel Rogge, Regional Director for Digital Transformation and Artificial Intelligence, to advance key financial modernization initiatives.

Key topics discussed:

✅ Digitalization of the Ministry of Finance
✅ Automation of tax collection systems
✅ Automation of customs operations
✅ Enhanced cybersecurity measures
✅ Expansion of the IFMIS (Government Financial Management Information System)
✅ Integration of Artificial Intelligence and emerging technologies into public administration

The World Bank reaffirmed its commitment to providing technical and advisory support as Iraq continues its financial reform agenda.

Why Does This Matter?

Iraq is building the same financial infrastructure used by modern economies to improve:

📊 Tax collection
🚢 Customs revenue management
💵 Government spending oversight
🔍 Financial transparency
🛡️ Anti-corruption efforts
📈 Real-time tracking of state resources

These efforts complement other major reforms already underway, including ASYCUDA customs automation, banking modernization, electronic payments, financial inclusion, and the digital transformation of the Central Bank of Iraq.

Analysis

What we are witnessing is Iraq's transition from a cash-based, manually operated economy to a digital, transparent, and auditable financial system.

The automation of taxes and customs could help Iraq recover billions of dollars historically lost to corruption, smuggling, and inefficiencies. Meanwhile, the expansion of IFMIS will allow the government to track revenues and expenditures in real time—an essential component of any serious monetary reform.

My Opinion

This is another important piece of the puzzle. While Iraq accelerates the completion of its government, the Ministry of Finance and the World Bank are building the digital infrastructure required for a modern economy.

In my view, this step was necessary before any green light could be given to a future revaluation of the Iraqi dinar. Iraq first needed the transparency, controls, automation, and financial oversight required to support a stronger monetary framework.

With ASYCUDA, IFMIS, customs automation, banking reforms, and digital transformation moving forward, the foundation is being built. The train has already left the station—we are moving down the track toward the RV. Iraq is demonstrating its ability to operate as a sovereign, financially accountable nation capable of attracting investment, increasing non-oil revenues, and supporting long-term dinar stability. 🇮🇶🚂💰📈

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The Undersecretary of the Ministry of Finance discusses with the World Bank the priorities of digital transformation and automation of financial operations.

On Thursday, the Undersecretary of the Ministry of Finance, Ali Karim, discussed with a World Bank delegation the priorities of digital transformation and automation of financial work, and mechanisms for developing financial systems in Iraq.

The Ministry of Finance stated in a statement received by “Dijlah News” that “the Undersecretary of the Ministry held an extensive meeting with the World Bank delegation headed by the Regional Director for Digital Transformation and Artificial Intelligence, Michel Rogge, in the presence of a number of Directors General and senior staff in the Ministry.”

The statement added that “the meeting discussed paths of technical cooperation in the areas of digital transformation and automation of financial work, particularly the automation of the tax and customs systems, strengthening cybersecurity, and the organized expansion of the Government Financial Management Information System (IFMIS) project, which contributes to raising performance efficiency and improving the quality of data and services.”

The Undersecretary of the Ministry of Finance affirmed that “digital transformation represents an integrated reform path to support public finance management, simplify procedures, and enhance transparency and governance,” stressing the importance of “implementing projects according to clear priorities and applicable phased plans that are consistent with the requirements of financial reform and the reality of Iraqi institutions.”

For its part, the World Bank delegation affirmed its readiness to continue providing technical and advisory support to the Ministry of Finance in the areas of digital transformation, artificial intelligence and the development of financial systems, in order to contribute to achieving the goals of institutional and financial reform.  link


💰 Iraq’s Silent Economic Revolution: The Road to a Stronger Dinar in 2026 🇮🇶📈

 


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IRAQ PUSHES TO COMPLETE ITS GOVERNMENT – A KEY STEP TOWARD ECONOMIC STABILITY? 🇮🇶📈

 During its 281st meeting, the Shia Coordination Framework stressed the need to accelerate the formation of Prime Minister Ali Faleh al-Zaidi’s cabinet and reviewed recent discussions with the U.S. President’s new team.

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IRAQ PUSHES TO COMPLETE ITS GOVERNMENT – A KEY STEP TOWARD ECONOMIC STABILITY? 🇮🇶📈

During its 281st meeting, the Shia Coordination Framework emphasized the urgent need to complete Prime Minister Ali Faleh al-Zaidi's cabinet and reviewed recent discussions with representatives of the new U.S. administration.

Why is this important?

A fully formed government sends a strong signal of political stability, both to Iraqi citizens and to international partners. Investors, financial institutions, and foreign governments prefer to work with a government that is complete, functional, and capable of implementing reforms. The faster Iraq finalizes its cabinet, the faster it can move forward with economic policies, anti-corruption measures, investment projects, and financial modernization efforts.

From a monetary perspective, political stability is one of the foundations needed to support confidence in the Iraqi banking system and the Iraqi dinar. A government that can enforce laws, manage revenues, secure borders, and oversee customs collections creates a stronger environment for economic growth and currency confidence.

My Opinion:

I believe Iraqi leaders understand that time is of the essence. They need a fully completed cabinet before appearing in Washington in July so they can present a united front to President Trump and demonstrate tangible progress. Iraq needs to show that it can function as a sovereign nation capable of reducing corruption, controlling illegal weapons, limiting the influence of Iran-backed militias, and enforcing the rule of law.

In addition, the implementation and acceptance of the ASYCUDA customs system gives Iraq a powerful tool to better manage imports, exports, tariffs, and border revenues. Combined with stronger security and government oversight, this could significantly improve transparency and increase non-oil revenues.

The message Iraq appears to be sending is clear: a stable government, stronger institutions, better customs control, and greater economic independence. The coming weeks could be critical as Iraq seeks to demonstrate that it is ready to operate as a fully sovereign and economically modern nation.

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🚨 BRUCE & MIKE BARA: Iran Peace Deal, Payments Starting, and Notification Window Ahead! 🚨 (ENGLISH & SPANISH)

Thursday, June 18, 2026

Mike Bara Says

Today's Update:

  • A major South American group has reportedly begun receiving payments.

  • The rumors coming out of Zurich remain strong, although they have not yet been confirmed.

  • Bondholders are convinced that the peace agreement with Iran is the final obstacle. They are extremely excited and optimistic.

See you tomorrow on Free Tarot Friday with Susan on Rumble and YouTube.

— Mike

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Friday, June 19, 2026
www.bigcalluniverse.com

BRUCE SAYS

Bruce – Thursday Night, 06/18/2026

Bruce discussed global events, including President Trump reportedly working on peace agreements with Iran. He also mentioned Cuba preparing for change, as well as developments involving Ukraine and Russia.

Regarding current events, Bruce stated that the Strait of Hormuz is reopening and oil tankers are moving through the area, which is reportedly being monitored and possibly controlled. He added that if the peace agreement were to fail, President Trump has indicated that military action against Iran remains an option, although Bruce emphasized that such action is not desired. He expressed hope that negotiators will do what is best for the Iranian people.

Moving on to Iraq-related topics, Bruce discussed the latest information being shared with The Big Call audience.

Where Are We Now?

On Tuesday, sources suggested a possible rollout on Friday or Saturday. However, more recent information points to Monday, June 22, as the likely start date for notifications.

Another strong source indicated that activities must begin Monday, Tuesday, or Wednesday, with exchanges potentially taking place on June 24 or 25. At this point, it appears unlikely that anything will occur this weekend, with the overall objective still being completion before the end of June.

According to another source, the first 1.2 million individuals to receive notifications would be ZIM holders. These individuals would reportedly receive appointment notifications by email and then proceed to exchange centers.

Bruce stated that anyone holding other currencies should bring those currencies along with their ZIM. He expressed hope that ZIM holders would begin appointments early next week.

Bruce also mentioned that President Trump has signed several Executive Orders, including one that would reportedly eliminate the IRS and replace it with an External Revenue Service funded through tariffs. He added that tariff-related dividends are expected at some point, although he does not anticipate them occurring before notifications are received, as other aspects of NESARA would also need to be implemented.

Bruce stated that XRP is now fully active and that large amounts of money are reportedly moving through the QFS (Quantum Financial System), with tens of billions of dollars being transferred every eight seconds. He said that this capability would become available to participants during their exchange appointments.

According to Bruce, the Clarity Act, which includes provisions related to XRP, is expected to be announced on July 4. He believes that, for all practical purposes, the process is already complete and that several positive announcements could be made on that date.

Beginning July 1, Bruce expects a national consumption tax to take effect. This tax would apply only to the purchase of new goods, not food, medicine, or used items, and would reportedly range between 12% and 14%, included in the purchase price. He stated that this system would replace the concept of income tax.

Under NESARA, Bruce claims there would be no federal income tax, personal income tax, property tax, or real estate tax. He believes that any official announcement regarding these changes would likely occur on July 4.

In conclusion, Bruce stated that notifications are expected on Monday, Tuesday, and Wednesday, with the overall process anticipated to be completed before the end of June.

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SPANISH

Jueves 18 Junio 2026

Mike Bara : Dice
Actualización de hoy:
Un gran grupo sudamericano ha "iniciado pagos".
Los rumores de Zúrich siguen siendo fuertes, pero no confirmados.
Los tenedores de bonos están convencidos de que el acuerdo de paz con Irán es el último obstáculo. Están locamente emocionados.
Más tarde. Los vemos mañana en Free Tarot Friday con Susan en Rumble y YouTube.
-- Mike
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Viernes 19 Junio 2026
BRUCE : DICE
BRUCE JUEVES NOCHE 18/06/2026
Habla de eventos mundiales donde el presidente Trump está firmando acuerdos de paz con Irán. Habló de Cuba preparándose para el cambio, así como de Ucrania y Rusia. Más allá de estas cosas que están sucediendo: el estrecho de Ormusz se está abriendo y los petroleros están entrando, estamos monitoreando tal vez controlando el estrecho. El acuerdo de paz "se va al sur" el presidente Trump dice que "bombardeará ya saben qué de Irán" por supuesto que no quiere hacerlo, pero no está exento de hacerlo.
Espera que los negociadores hagan lo correcto para el pueblo de Irán. Estamos entrando en Irak con la Gran Llamada. DÓNDE ESTAMOS: El martes, tuvimos gente que nos dijo sobre un lanzamiento el viernes y el sábado.
Ahora escuchamos que es más probable por una fuente que dice el lunes 22 de junio para el inicio de las notificaciones. También escuchamos de una fuente fuerte que TENEMOS que poner en juego el lunes, martes o miércoles e intercambiar el 24 o 25 de junio. Parece que no sucederá este fin de semana y el objetivo es hacerlo antes de finales de junio. Otra fuente dice que el primer millón 200 mil sería notificado primero. ¡Estos son los poseedores de ZIM! Recibirían citas por correo electrónico primero y llegarían a los centros de canje.
Si tiene otras monedas, como poseedor de ZIM, lleva sus ZIM y monedas consigo. Esperemos que los poseedores de ZIM vayan a principios de la próxima semana. El presidente Trump ha firmado algunas órdenes ejecutivas y una fue para ABOLIR el IRS y ya no usar el IRS, sino más bien el Servicio de Impuestos Externos (donde entran los aranceles). Esperamos dividendos arancelarios en cualquier momento, pero no vemos esto suceder hasta que recibamos nuestras notificaciones, ya que otros aspectos de Nesara también entrarían en vigor.
Tenemos XRP en vivo, ¿desde ayer? y están moviendo mucho dinero a través del sistema QFS, decenas de miles de millones de dólares cada 8 segundos, y la capacidad estará disponible para nosotros cuando estemos en nuestro exchange. La Ley Clarity, de la cual XRP forma parte, se anunciará el 4 de julio.
Bruce cree que, a efectos prácticos, ya está hecho. Deberíamos recibir varias noticias positivas el 4 de julio. El 1 de julio, esperamos que entre en vigor el impuesto al consumo, un impuesto sobre la compra de artículos nuevos, NO sobre alimentos, medicamentos ni artículos usados, sino solo artículos NUEVOS, entre el 12 y el 14% incluido en el precio de los bienes. Esto sustituirá la idea del impuesto sobre la renta. Bajo Nesara, no tenemos impuesto federal sobre la renta, impuesto personal ni impuesto sobre la propiedad, ni impuesto sobre bienes inmuebles. ¿Cuándo se anunciará esto?
Bruce cree que este anuncio debería producirse el 4 de julio. Esperamos las notificaciones los lunes, martes y miércoles, y deberíamos tenerlo listo antes de finales de junio.
See less

FRANK26: Key Questions to Ask Your Wealth Manager About the Iraqi Dinar #iraqidinarinvestor

 

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Friday, June 19, 2026

Iraq Launches Major Border and Customs Reform to Combat Corruption

🚨🇮🇶 Iraq Launches Major Border and Customs Reform to Combat Corruption 🇮🇶🚨

In a significant move aimed at strengthening national security, improving customs enforcement, and tackling corruption, Iraqi Prime Minister Ali Al-Zaidi has issued a series of directives targeting border crossings, ports, customs operations, and security agencies throughout the country.

The measures are among the most comprehensive border-control reforms announced in recent years and appear designed to close loopholes that have long been associated with smuggling, illegal crossings, corruption, and the trafficking of prohibited materials and narcotics.

Key Measures Announced

Under the new directives, all employees working at border crossings are to be rotated within 48 hours without exception. The government has also ordered the Ministry of Interior and the Border Forces Command to close all unauthorized land and sea border routes while simultaneously rotating brigade and unit commanders responsible for border security.

In addition, all officers, personnel, and employees assigned to the Border Crossings Authority are to be returned to the Ministry of Interior within 48 hours. This measure is intended to restructure oversight and accountability throughout the system.

Security and intelligence agencies have also been instructed to play a more active role in monitoring ports and border crossings. Their mission will be to prevent the movement of prohibited goods, contraband, and narcotics while providing regular intelligence reports directly to border authorities. Significantly, these agencies will bear legal responsibility in the event of security breaches or illegal crossings.

The General Customs Authority has likewise received strict instructions to conduct detailed inspections of all imported goods entering Iraq. No truck will be permitted to pass through border checkpoints without being unloaded and thoroughly inspected to verify the contents of its cargo.

Why These Reforms Matter

Border crossings and customs operations have historically been vulnerable to corruption, smuggling networks, and weak enforcement mechanisms. Illegal trade routes not only deprive governments of revenue but can also facilitate the movement of weapons, narcotics, and other prohibited materials.

By rotating personnel, increasing accountability, strengthening intelligence oversight, and enforcing stricter customs inspections, the Iraqi government is signaling that it intends to take a tougher approach toward these long-standing challenges.

Supporters of the reforms argue that reducing corruption at ports and border crossings can help increase government revenues, strengthen national security, improve investor confidence, and enhance Iraq's reputation on the international stage.

My View

The screws are finally being tightened.

These measures appear to be a serious attempt to address corruption and inefficiency within critical parts of Iraq's border and customs infrastructure. For years, many observers have argued that meaningful reform requires not only stronger laws but also stronger enforcement and accountability.

Rotating personnel, closing illegal routes, increasing intelligence monitoring, and requiring thorough inspections of imported goods are all steps that could make it more difficult for corrupt networks to operate.

I believe Iraq is moving in the right direction. Strong borders, transparent customs procedures, and accountability within security institutions are essential building blocks for a stable and prosperous country.

This is the kind of action many people have been waiting to see. It also aligns with the expectations of international partners, including the United States, which have long encouraged stronger anti-corruption measures, better border management, and greater institutional transparency in Iraq.

Of course, the real test will not be the announcement itself but the implementation. If these directives are enforced consistently and without political interference, they could represent an important step toward strengthening the rule of law and restoring public confidence in government institutions.

For now, the message coming from Baghdad is clear: corruption, smuggling, and weak oversight are being challenged more aggressively than before, and Iraq appears determined to tighten control over its borders and customs system.

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#Iraq #AntiCorruption #BorderSecurity #CustomsReform #MiddleEast #Security #Transparency #Governance #RuleOfLaw #IraqNews 🇮🇶

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Prime Minister Ali Al-Zaidi's directives regarding ports and customs: 🔴 Rotate all employees at border crossings without exception within 48 hours. 🔴 Oblige the Ministry of Interior - Border Forces Command to close all gaps and unauthorized border roads, both land and sea, while rotating all brigade and unit commanders in the Border Forces Command. 🔴 Return all officers, affiliates, and employees assigned to work in the Border Crossings Authority to the Ministry of Interior, with separation to occur within 48 hours and without exception. 🔴 Oblige security and intelligence agencies to fulfill their role within the port and monitor to prevent the passage of any prohibited materials or narcotics through all border crossings, and to submit periodic reports directly to the Border Port Director in his capacity as head of the intelligence cell; these agencies shall bear legal responsibility in the event of any security breach or illegal crossing. 🔴 Oblige employees of the General Customs Authority to conduct precise inspections on all imported goods into the country without exception, and to not allow any truck to pass without conducting unloading and verifying details of the cargo.

🏦💵 Which Banks Could Handle Large Iraqi Dinar Exchanges If a Revaluation Occurs?

Guy  

 Definitely the top 5 or 6 banks are going to be doing this.  That's Chase, Citi, Bank of America, Wells Fargo, Goldman Sachs...also PNC, Capital One, US Bank and there may also be regional banks...Credit Unions probably won't exchange foreign currencies. 

 Most of them do not.  Some of them do...Credit Unions are member owned...You definitely want to shop...you get the wealth manager contact from three major banks.  You say, 'I have roughly $10 million in foreign currency.  I want to exchange them.  What's your spread and are you going to charge me any fees?'  You go shopping just like you would for a car.

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🏦💵 Which Banks Could Handle Large Iraqi Dinar Exchanges If a Revaluation Occurs?

One interesting point being discussed within the Dinar community is which financial institutions might be prepared to handle large foreign currency exchanges if Iraq were to implement a significant monetary change in the future.

The belief is that major U.S. banks would likely be at the forefront due to their international banking operations, foreign currency capabilities, wealth management divisions, and global infrastructure. Institutions often mentioned include:

🏦 JPMorgan Chase
🏦 Citigroup
🏦 Bank of America
🏦 Wells Fargo
🏦 Goldman Sachs
🏦 PNC Financial Services
🏦 Capital One
🏦 U.S. Bancorp

The idea is that if someone were holding a substantial amount of foreign currency, they would not simply walk into the nearest branch without first doing their homework.

💡 The advice often shared is to "shop around."

Just as you would compare prices when buying a car, you would compare banks before exchanging a large currency position. Questions to ask might include:

✅ What exchange spread are you offering?
✅ Are there any fees?
✅ Do you provide private banking or wealth management services?
✅ What investment opportunities are available after the exchange?
✅ Can you negotiate a better rate for larger amounts?

Many believe that credit unions may not play a major role because most do not regularly deal with foreign currency exchanges, although some exceptions could exist depending on the institution.

📈 If a future monetary event involving the Iraqi dinar were to occur, the real competition may not be about whether banks will exchange it, but rather which institutions offer the best overall package, the lowest fees, the best exchange terms, and the strongest wealth management services afterward.

🚀 For many Diarians, the exchange is only the beginning. The real goal is protecting and growing wealth once the transaction is complete.


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💰🇮🇶 IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM

 💰🇮🇶  IRAQ'S DIGITAL FINANCIAL TRANSFORMATION GAINS MOMENTUM Iraq's Deputy Minister of Finance, Ali Karim, met with a World Bank ...