🌍 “Iraq Pushes for Sovereign Status & Foreign Investment Boom! 💸🚀”
🔑 Key Highlights from Today’s Update – Straight FACTS:
📈 “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.
🧾 “The ministry presented the financial documents resembling the Iraqi currency…”
🔗 These efforts are tied to government reforms, risk management, and attracting foreign investment.
💡 “Comprehensive national strategy aims to improve Iraq’s credit classification and build international trust in its economy.”
📊 It’s a major move out of the sanction-era mindset toward global financial freedom.
🏦 CBI Making Quiet but Powerful Moves
💱 “Central Bank: Foreign Transfers Proceeding Smoothly”
🔁 Governor Ali Al-Alaq confirms most major currencies are now covered, foreign transfers are working
💵 However, they are still paying imports mostly in USD, a key limitation they must overcome to regain monetary independence.
🛢️ Oil & Gas Law Negotiations Show MAJOR Progress
🤝 UN Optimistic About Erbil–Baghdad Deal
📃 UNAMI reports real hope for a “good understanding” between Baghdad and Erbil to resolve long-standing disputes.
📢 “Baghdad and Erbil on the Verge of a Historic Agreement”
— Includes oil, salaries, and non-oil revenues
🧩 A vital constitutional requirement toward RV progress and one of the 5 main RV status pillars outlined in the 8/12 Newsletter. (Check archives!)
🧠 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.”
📲 No Hype. Just Facts. Follow for Real-Time RV Insights:
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