π “Iraq Pushes for Sovereign Status & Foreign Investment Boom! πΈπ”
π Key Highlights from Today’s Update – Straight FACTS:
π “The Government is Responsible for Improving Iraq’s Sovereign Classification”
➡️ Iraq is making serious efforts to boost its sovereign credit rating by aligning with global rating agencies like Fitch, S&P, and Moody’s.
π§Ύ “The ministry presented the financial documents resembling the Iraqi currency…”
π These efforts are tied to government reforms, risk management, and attracting foreign investment.
π‘ “Comprehensive national strategy aims to improve Iraq’s credit classification and build international trust in its economy.”
π It’s a major move out of the sanction-era mindset toward global financial freedom.
π¦ CBI Making Quiet but Powerful Moves
π± “Central Bank: Foreign Transfers Proceeding Smoothly”
π Governor Ali Al-Alaq confirms most major currencies are now covered, foreign transfers are working
π΅ However, they are still paying imports mostly in USD, a key limitation they must overcome to regain monetary independence.
π’️ Oil & Gas Law Negotiations Show MAJOR Progress
π€ UN Optimistic About Erbil–Baghdad Deal
π UNAMI reports real hope for a “good understanding” between Baghdad and Erbil to resolve long-standing disputes.
π’ “Baghdad and Erbil on the Verge of a Historic Agreement”
— Includes oil, salaries, and non-oil revenues
π§© A vital constitutional requirement toward RV progress and one of the 5 main RV status pillars outlined in the 8/12 Newsletter. (Check archives!)
π§ Final Thought:
“Is this news good or sobering? Depends how full your glass is. But one thing is clear — Iraq is moving toward financial sovereignty, and every step is crucial for the reinstatement process.”
π² No Hype. Just Facts. Follow for Real-Time RV Insights:
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π₯ Share this with your community — Iraq is rising, stay in the loop!
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