STATUS OF THE RV
Can you believe that February is gone, and we are moving on to the month of March already. What will March bring us? Remember the 2025 budget has not yet been opened. Remember what the CBI told us. They told way back in 2011-2012 that the beginning of the new fiscal year for Iraq is the most opportune time to make any significant rate change in the dinar. They also said that this opportunity will become much more difficult once the budget is opened.
The 2025 budget is NOT yet opened as the budget tables that outline the distribution of the money to the provinces for the projects still sits in the council of ministers. It still has yet to be passed on to parliament and discussed, then passed.
If we use our common sense this is a no-brainer to understand why the CBI told us this. You might want to take a peek at the article in today’s news titled “MP CALLS ON GOVERNMENT TO COMPLETE BUDGET SCHEDULES AND SEND THEM TO PARLIAMENT” Representative Faisal Al-Naili called on the government, today, Thursday, to expedite the completion of the budget tables and send them to the House of Representatives for approval, stressing the need to include all financial allocations in the 2025 budget to avoid any delay in its approval.
Also, in today’s news and from news of what my contact is telling me from Iraq is we can now begin to see the immediate short-term U.S. foreign policy towards Iraq from the new president Trump administration. What we can’t yet determine is the long-term vision for the country by this administration. However again using our common sense we know that president Trump is also a business man and knows the economic and financial potential in Iraq. Both for the Iraqis and for the American businesses.
But what is true and what we do know for certain is that the future vision for Iraq WILL NOT include Iran as under the influence of the current supreme leader Ali Hosseini Khamenei. Sure they will always be trading partners and cross border for holy pilgrimages but this is different.
I was told that first this terrorist crisis and the threat of nuclear weapons of Iran must be taken care of. This crisis with Iran will ONLY end with the fall of Ali Hosseini Khamenei and his regime in Iran. As you may already know he is the cleric and politician who has served as the second supreme leader of Iran since 1989.
Born in 1939 he is now 85 years old. How much longer will he live? He has bought more harm and suffering to Iran and to the middle east than he has good. He has used the treasures and oil wealth of his country to build up a global network of terrorist organizations. He uses tyranny and force rather than peace to help his nation. Remember what God has told us through his prophets? He said that he will deal with these types of leaders and take them one by one. They will have no place in the “golden age” that is upon us. So, I am optimistic that his time of rule has come to an end. This could very well be the breakthrough the middle east has been looking for. When this happens, it could be the seed of peace for the middle east that will grow deeper. This will also progress to what we are looking for. But we must be patient. The prophets told us that the middle east will prosper again and so he is not a liar.
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