Kaperoni
[Question referencing Guru Kaperoni 1-11-2025 post below]
"How can they do that and never add value to the Dinar?"
There are many currencies around the world with weak exchange rates. An increase in the exchange rate is never a random act it's a reflection of a country's success and economic growth.
Encouraging Iraq to succeed and prosper is the only way to increase value.
Financial Advisor: ASYCUDA promotes international trade and reduces corruption at customs ports
Mawazine News – Economy
The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh, stressed on Sunday the importance of adopting the ASYCUDA system in the Iraqi Customs Department, pointing to its role in reducing delays at border ports and promoting international trade.
Saleh explained that the ASYCUDA system, developed by the United Nations Trade and Development Organization (UNCTAD) since the 1980s, adopts modern digital technology to simplify and accelerate customs operations.
He added that Iraq is applying the second generation of this system, which relies on cloud technology to provide comprehensive automation of customs processes, including data recording, fee assessment, customs clearance, and records management.
He pointed out that the implementation of the system is in line with the government program to enhance non-oil revenues to reach 20% of total public revenues, explaining that the joint cooperation with the United Nations aims to improve control and customs collection systems and control import and export operations according to the best digital standards.
Saleh revealed that the General Authority of Customs and the Border Ports Authority completed the implementation of the system during the past year, while providing high-quality digital infrastructure to develop customs work in 2025, stressing that this system contributes to reducing corruption by reducing human interaction and adopting full automation, which increases transparency and supports efficiency.
He pointed out that ASYCUDA enhances international trade by speeding up the customs clearance process and reducing administrative obstacles, in addition to providing a comprehensive database that supports economic and trade policymaking, pointing to its role in improving border security by tracking and inspecting shipments more accurately to combat smuggling and illegal activities.
Saleh concluded by saying that ASYCUDA represents a vital tool to achieve a balance between facilitating trade and border protection, stressing that Iraq joins a group of Arab countries, such as Jordan, the UAE, Saudi Arabia, and Egypt, which apply this system at customs ports in an integrated manner.
MELANIA HINDS CC HIGHLIGHTS NOTES
🌐 Currency Revaluation and Global Banking: The speaker discusses the hiring of a global exchange company, Global Odema, which will facilitate currency exchanges through major banks like JP Morgan Chase and Citibank. This shift might impact the currency’s valuation and accessibility, indicating a move towards a more integrated international economic stance. The involvement of such banks suggests a serious commitment to revamping Iraq’s financial systems and enhancing trust among international investors.
📊 Economic Diversification and Growth: Iraq’s strategy to create non-oil revenues demonstrates a significant departure from its historical dependence on oil. By offering loans and incentives to industries that maintain a local workforce, Iraq is positioning itself for long-term economic sustainability. The focus on domestic job creation aligns with global best practices for economic resilience and community engagement.
🏥 Public Safety Improvements: The inauguration of a unified emergency number protocol akin to 911 reflects Iraq’s efforts to modernize its public safety infrastructure. This improvement is crucial for fostering a secure environment conducive to economic growth and stability. It shows a commitment to the welfare of citizens and can enhance the country’s attractiveness to foreign investors.
🔒 Strengthening Cybersecurity Measures: The establishment of a cybersecurity center signifies Iraq’s recognition of the importance of safeguarding its digital infrastructure. As the country seeks to modernize, protecting its information systems from potential threats becomes paramount. This proactive stance not only secures national interests but also builds confidence among international partners.
☀️ Regional Cooperation for Sustainable Development: The discussions with Saudi Arabia regarding solar power projects highlight Iraq’s shift towards renewable energy sources. This collaboration not only addresses energy needs but also positions Iraq as a leader in the region’s sustainable development initiatives. Engaging in such projects could attract foreign investment and technological expertise, furthering economic growth.
🏴☠️ Counter-Terrorism Efforts: The ongoing efforts to eliminate extremist threats, particularly ISIS, underscore Iraq’s commitment to national security. The speaker mentions that Iraqi forces are strategizing to confront terrorism effectively, which is crucial for stability in the region. A secure environment is essential for economic growth and attracting foreign investments, as investors seek stable markets.
🙌 Community and Family Support: The speaker’s personal touch in addressing the loss of a soldier reflects the intertwined nature of community, family, and national pride in Iraq. By encouraging prayers and support for the families affected by the loss, the speaker fosters a sense of unity among viewers. This emotional engagement can strengthen community ties and enhance the shared mission of rebuilding Iraq.
Including Iraq.. 9 Arab countries prepare for huge gas projects in 2025
Mawazine News – Follow-up
A new report for the specialized platform “Energy” revealed on Sunday, huge gas projects that will be witnessed by 9 Arab countries, during 2025.
According to the report published by the platform, the new year will witness the entry of an Arab country into the market of countries producing and exporting liquefied gas, passing through Morocco, Algeria and Libya, to Saudi Arabia, Oman and Iraq.
According to the platform’s new report, we review the most important Arab gas projects expected for 2025:
1. “Torto Ahmim” project in Mauritania
2. Moroccan-Nigerian Gas Pipe
3. Algerian-Nigerian gas pipeline
4. Libyan-Nigerian gas pipeline
5. Al-Jafoura Field in Saudi Arabia
6. Total Project in Iraq
7. Expansion of the “North” field in Qatar
8. Al Ruwais LNG Project in the UAE
9. Construction of a fourth line at the Industrial Park in Qalhat in Tyre State in Amman
Arab gas projects are expected to contribute more to the international trade in liquefied gas in the future, after completing the package of liquefy projects currently being implemented, which will contribute to raising the export capacity of Arab countries by about 50%, to reach 203 million tons annually, by 2027.
https://www.mawazin.net/Details.aspx?jimare=258467
Frank26
Last week I followed [the parallel black market rate]...On Sunday it was 1310, on Monday it was 1275, on Tuesday it was 1170, Wednesday it was 1160. IMO Sudani is looking for the black market to reach 1,000. When he does, IMO, the game is on.
That is the next step ladies and gentlemen. They are watching the illegal black market...the value of the dollar is dropping, thank you CBI for stopping the auctions...We're getting close to the next step.