Chairman Of The Finance Committee: The Integration Of Iraqi Banks Into The International System Is A National Necessity.

 Chairman Of The Finance Committee: The Integration Of Iraqi Banks Into The International System Is A National Necessity.

Banks  Economy News – Baghdad  Parliamentary Finance Committee Chairman Atwan Al-Atwani stressed on Wednesday that compliance with international standards and banks' integration into the international system is a national necessity to protect the financial system and a prerequisite for developing the banking environment.

During his speech at the second session of the Anti-Money Laundering and Combating the Financing of Terrorism Conference, which was attended by Al-Eqtisad News, Al-Atwani said, "At the outset, I would like to express my welcome to the convening of this distinguished conference, which comes at a very important time, given the fundamental transformations and increasing challenges that the financial and banking sector is witnessing at the local, regional and international levels. 

These challenges require the highest levels of coordination and cooperation from all of us, legislative, executive and oversight institutions.

" He added, "International regulatory obligations imposed on financial institutions, particularly those related to combating money laundering and terrorist financing, have become among the most prominent requirements that affect the nature of the relationship between local banks and their global counterparts. 

Meeting these requirements is a prerequisite for developing a safe and stable banking environment capable of interacting positively with the global financial system."

He continued, "Iraq's engagement, represented by its national banks, in this international regulatory environment is not an option, but rather a national necessity to protect the financial system from cross-border risks and to ensure the continued flow of investments and capital, which directly contributes to supporting economic and social development efforts and enhancing confidence in the national economy."

In his speech, Al-Atwani noted, "Iraq has made significant strides in this direction over the past few years. The Iraqi banking system has witnessed major developments, including the modernization of the legal and regulatory structure, the issuance of compliance instructions, tightening oversight, and the development of qualified banking cadres capable of dealing with these changes."

He added, "We have witnessed the Central Bank of Iraq's commitment to adopting an approach to reform and development by imposing precise and updated instructions in line with international best practices, in addition to its relentless pursuit of enhancing transparency and strengthening the system for combating money laundering and terrorist financing." 

He continued, "Despite these commendable efforts, challenges remain, especially in light of growing regulatory complexities and the increasing requirements of correspondent banks, along with their precise and changing conditions.

Here, the need for the concerted efforts of all stakeholders, from banks, regulatory, legislative, and security bodies, to confront these challenges with high responsibility and professionalism is growing."

He noted in his remarks, "Hence the importance of this conference, which constitutes an important platform for exchanging expertise, reviewing the latest developments in international legislation, and highlighting the experiences of other countries in this field, particularly with regard to modern compliance techniques, best practices in internal control, and risk management."

He added, "We also affirm, from our position in the Parliamentary Finance Committee, our full support for all efforts aimed at developing the Iraqi banking sector, and our keenness to follow up on the legislation required to enhance Iraq's compliance with international standards, while emphasizing the need to balance strict compliance with achieving economic growth goals, supporting the private sector, and facilitating investment."   https://economy-news.net/content.php?id=55942

CHELLA IRAQ NEWS DISCUSSION & ANALYSIS: The great reset of the Iraqi dinar? Global Audits, Digital Currency

CHELLA IRAQ NEWS DISCUSSION & ANALYSIS: The great reset of the Iraqi dinar? Global Audits, Digital Currency 

Summary

The recent Middle East Newsroom update covers significant developments in Iraq’s political, economic, and digital transformation landscape.

 Central to the discussion is Iraq’s ongoing ambition to enhance its regional leadership, stabilize its economy, and embrace digital modernization. The Baghdad summit showcased Iraq’s regained leadership role in the region, with an emphasis on political, economic, and security initiatives to promote stability and cooperation.

 In parallel, Iraq is undertaking considerable reforms across sectors, including the insurance industry, with engagement from major global audit firms such as Ernst & Young to align with international standards.

Baghdad will host a major global energy forum in September 2025, highlighting Iraq’s growing role in shaping the global energy dialogue, especially concerning sustainability and innovation. 

In the Kurdistan region, significant natural gas deals were signed with US firms to boost domestic energy production, aiming to reduce energy import dependence and support 24-hour electricity provision.

The US government extended its national emergency declaration regarding Iraq for another year, reflecting ongoing concerns about political instability, corruption, and economic fragility.

 While the extension preserves US legal oversight and influences investment risk perceptions, Iraqi authorities are actively working to improve administrative transparency, financial discipline, and cooperation with US economic programs.

A considerable focus lies on Iraq’s digital transformation efforts led by the Central Bank of Iraq (CBI), which is pushing to phase out paper-based transactions in favor of digital solutions.

 The strategy includes a national data center, digital wallets, mobile banking apps, and the introduction of a digital version of the Iraqi dinar — a central bank digital currency (CBDC) — developed in collaboration with regional and international partners. 

Although there is no immediate expectation of dinar revaluation, the reforms aim to enhance transparency, reduce corruption, improve tax collection, and increase financial inclusion, especially in underserved areas. In the longer term, Iraq’s digital currency could bolster the dinar’s credibility and open new avenues for its international use in trade and remittances.

Overall, Iraq’s current efforts reflect a deliberate move toward political stabilization, economic modernization, and digital transformation, laying the groundwork for sustainable development despite ongoing challenges.

Highlights

• 🔹 Iraq reclaims regional leadership by successfully hosting the Baghdad summit with no security disruptions.
• 🌍 Global audit firms like Ernst & Young are engaged to reform Iraq’s insurance sector to meet international standards.
• ⚡ The Kurdistan Regional Government signs major gas production deals with US companies to boost domestic energy production.
• 🇺🇸 The US extends the national emergency concerning Iraq, maintaining legal oversight due to ongoing political and economic instability.
• 💼 Iraq’s Finance Ministry collaborates with US agencies to enhance transparency, financial discipline, and public financial management.
• 💻 The Central Bank of Iraq leads a major digital overhaul, targeting full transition from paper to digital currency and government services.
• 💡 Introduction of a digital Iraqi dinar aims to promote financial inclusion, improve transparency, and potentially increase currency credibility globally.

Key Insights

• 🔑 Iraq’s Regional Leadership Resurgence: The Baghdad summit’s smooth execution affirms Iraq’s pivotal role as a regional stabilizer and policy influencer. This leadership position not only bolsters Iraq’s diplomatic standing but also puts it in charge of implementing key regional agreements, strengthening its geopolitical importance in the Middle East.

• 📊 Sectoral Reform through International Partnerships: By hiring global audit firms like Ernst & Young to assess its insurance sector, Iraq is signaling a genuine intention to modernize public institutions and align with global best practices. These reforms may lead to improved efficiency, reduced corruption, and increased foreign investor confidence—critical factors for economic recovery and growth.

• 🔥 Energy Sector as a Strategic Priority: The Kurdistan gas deals with American companies reflect a strategic push to reduce Iraq’s energy import dependency while capitalizing on vast natural gas reserves. With projects targeting massive fields like Marin, Iraq aims to establish energy self-sufficiency, stabilize electricity grids, and improve living standards—a vital step for economic diversification.

• 🛑  Extended US National Emergency – Mixed Implications: The continuation of the US national emergency underscores unresolved challenges such as sectarian divisions, governance weaknesses, and external threats. While this status enables continued US financial oversight and risk mitigation, it may also deter some international investments due to perceived instability. Balancing security concerns with economic opening remains a delicate task for Iraq.

• 📈 Bilateral Cooperation Enhances Economic Management: The cooperation between Iraq’s Finance Ministry and US financial experts, including the FSVC program, illustrates Iraq’s commitment to improving fiscal discipline and transparency. Focused efforts on budget preparation, accounting systems, and technical training highlight a pragmatic approach to strengthening institutional capabilities critical for sustainable development.

• 🌐 Digital Transformation as a Catalyst for Economic Reform: The Iraqi government’s push for digital transformation—characterized by the phasing out of paper-based transactions and the adoption of a digital currency—is a forward-looking strategy to modernize the entire economy. The initiative promises to improve transparency, reduce corruption, increase efficiency, and expand financial services to unbanked populations, potentially resulting in greater economic inclusion and growth.

• 💸 Long-term Potential of a Digital Iraqi Dinar: While immediate financial gains for dinar holders are unlikely, the introduction of a central bank digital currency (CBDC) could ultimately enhance the currency’s credibility and international utility. Digital currency adoption, supported by international financial institutions, could facilitate cross-border trade and remittances, positioning the Iraqi dinar as a more stable and attractive currency over time.

Together, these developments reflect Iraq’s multidimensional approach to overcoming its challenges through regional leadership, institutional reforms, energy sector development, and embracing the digital economy. The success of these reforms may determine Iraq’s trajectory towards long-term stabilization and economic prosperity.

Mayhem w/ Mel 🔹: UPDATES for other Countries that the US, on Exchange/ ...

Union Of Arab Banks: We Support Iraqi Banking Institutions Within International Laws

 Union Of Arab Banks: We Support Iraqi Banking Institutions Within International Laws

Wednesday, May 28, 2025, | Economic Number of reads: 251  Baghdad / NINA / The Union of Arab Banks affirmed that supporting Iraqi banking institutions is a top priority through developing strategies or facilitating dialogue with international partners, within the framework of applicable international laws and regulations.

Secretary General of the Union of Arab Banks, Wissam Fattouh, said during the Anti-Money Laundering and Combating the Financing of Terrorism Conference, which kicked off today, Wednesday, in the capital, Baghdad, "Combating money laundering and terrorist financing has become, in recent years, a top priority, along with combating corruption, at the heart of the global agenda and has become one of the main indicators of the credibility of financial institutions and their countries before the international community and international banks."

He added, "The Arab region faces complex challenges, some of which result from political and security tensions, and some of which are related to the regulatory and technical level in a number of banking sectors. Matters are further complicated by the strict and inflexible application of digital standards by international bodies towards banks, regardless of the specificities or circumstances of some countries. "

Fattouh stressed that "the battle for compliance is not just a technical issue, but rather a sovereign, institutional, and economic issue all at once, because failure to comply threatens our relationship with international banks, limits our ability to carry out transfers, imports, and exports, and directly impacts investment flows, aid, and trade cooperation."

 He pointed to the urgent need for joint Arab action, particularly strengthening ties of joint cooperation between Iraqi banks operating in a complex political and economic environment, and the Union of Arab Banks. 

He emphasized the importance of strategic partnerships to develop Iraqi banking and raise Iraq's voice in international forums, when we are ready to do so.

Fattouh emphasized the importance of working to integrate financial technology into internal control systems, including the use of artificial intelligence in compliance and risk assessment, noting the need to instill a culture of compliance at all levels, from board members to front-line employees.

He added, "The challenges we face today are a call for cooperation, reprioritization, and continuous work on banking reform."  https://ninanews.com/Website/News/Details?key=1229559

ARIEL: Iraqi Dinar Insight, Commonsense Rules the Day

 Commonsense Rules The Day: Iraqi Dinar Insight

The Memo

Point 1

The memo highlights Iraq’s Finance Ministry aligning with Ernst & Young for global audit compliance and restructuring, alongside support from the World Bank’s Environmental Sector and bilateral creditor agreements with Mauritania and Niger.

 It also mentions real-time public sector salary disbursements, currency transfer integrity, and policy modeling via ISPAR (International Standards for Public Accounting and Reporting).

My Take: This section is plausible and reflects Iraq’s ongoing efforts to modernize its financial systems. Ernst & Young has a history of working with Middle Eastern governments on fiscal transparency, and Iraq has been under pressure to comply with global standards since its 2003 reconstruction. 

The World Bank’s involvement aligns with its 2020–2024 Country Partnership Framework for Iraq, which emphasizes environmental and economic reforms.

 Bilateral creditor agreements with Mauritania and Niger make sense, as Iraq has sought to diversify its financial partnerships within the Global South. Real-time salary disbursements and currency transfer integrity are critical for de-dollarization, a CBI priority since 2020, and ISPAR-like standards are necessary for global market integration. This section feels grounded in Iraq’s economic trajectory, though the specifics (e.g., exact agreements with Mauritania) are hard to verify without public records.

Point 2

The memo emphasizes ESG compliance as a condition for revaluation, noting that the IMF and World Bank require full ESG scoring before rate normalization. It claims ESG ensures capital is deployed sustainably, with Iraq needing to engage ESG-linked institutions (WB/IMF/UNDP) before rate release, to protect green bond credibility and avoid backlash from Western institutions.

My Take: This is a forward-looking claim but not far-fetched. ESG compliance has become a global standard for accessing international capital, especially for resource-dependent nations like Iraq, which faces environmental challenges (e.g., oil pollution, water scarcity). The IMF and World Bank have increasingly tied loans to ESG criteria, as seen in their 2023–2024 programs with Iraq focusing on governance and sustainability.

 The mention of green bonds aligns with Iraq’s tentative steps toward sustainable finance, such as its 2021 discussions with the IFC on green projects.

 The memo’s focus on avoiding Western backlash is realistic Western institutions often withhold support if ESG standards aren’t met, as seen with other nations like Lebanon. However, Iraq’s c********n and political instability (e.g., Transparency International ranking 154/180 in 2023) make full ESG compliance a steep challenge, which the memo glosses over.

Point 3

Urgency for FX-VU E*******n:

While not detailed in that particular section, the memo’s title and executive summary stress the urgency of “FX-VU unmasking” for the IQD, tying it to the fiscal and ESG prerequisites.

My Take: The urgency makes sense in the context of Iraq’s economic pressures. The IQD has been undervalued for decades due to war, sanctions, and CBI controls, with a black market rate often far higher than the official rate (e.g., 1,570 vs. 1,300 IQD/USD in 2023). A revaluation could stabilize Iraq’s economy, attract foreign investment, and reduce reliance on U.S. dollar reserves ($120B held in New York as of 2023). 

The “FX-VU” term, (Visibility Unmasking” not an official banking term, likely refers to a backend system for managing rate visibility, which aligns with how central banks stage revaluations to avoid market shocks. 

The urgency could stem from Iraq’s need to capitalize on recent stability gains, such as the UNAMI mission drawdown (set to end by May 2026), signaling greater sovereignty.

Here is where all the angst is coming from. People are under the impression that this document was being presented as something Iraq or CBI put together. This is why it is receiving so much backlash.

 This type of mindset is coming from people who are not used to seeing real-researcher actually create a visual analysis of a market who are not blowing smoke up our a** by constantly telling us what is on the bank screens or some private Tier-1 exchanges in Zurich. Your job was to sit down and actually take the time to go over each point. I recommended many people over the years for my followers to listen to.

Dr. Kia Pruitt
Militia-Man
Awake-N-3d
Ron Giles
The Economic Ninja
Chella Smith
Edu Matrix
Currency 365
Nader
Etc.

All of these people will give you the info you need. Everyone else who are just here reacting to everything without a 2nd thought will continue to do just that. Stick with the people who brought you to do the dance. I stand 100% behind this memo. Because it was out together as a educational opinion piece that I agree with. Along with a couple of other credible people. Nobody told you this was something released by some financial institution.

FIREFLY: he was brought back to control the rate!! ‪@DINARREVALUATION‬ #iraqidinar #iraq

 

Al-Sudani: Iraq has returned to leading the Arab world, and we held meetings between Iran and three Arab countries.

  Al-Sudani: Iraq has returned to leading the Arab world, and we held meetings between Iran and three Arab countries.

Prime Minister Mohammed Shia al-Sudani said that his government held dialogue sessions between Iran and three Arab countries, stressing that the new Iraq will not accept being subservient to anyone.

In an interview with the Egyptian newspaper Al-Ahram, followed by Mail, Al-Sudani said, "We preferred to be a bridge for dialogue, not an arena for settling scores." He explained, "We held meetings between Saudi Arabia, Iran, Jordan, Tehran, Egypt, and Iran."

He added, "We remember Iran for standing with us in the 2014 war against ISIS," noting that "what distinguishes Iraqis is their pride in their country, self-respect, and dignity, which do not allow them to be a prisoner or subservient to anyone."

He continued, "We only want Syria to implement the agreements, maintain a unified and stable Syria, and confront terrorism." He emphasized, "We have closed the gaps through which Iraq's enemies were infiltrating, and we have succeeded in achieving accomplishments on the ground that have restored confidence to the citizen."

He pointed out that "corruption was widespread, and efforts are being made to achieve progress, and citizens feel confident," explaining that "the government's performance has sparked interest among young people and new generations in the importance of participating in the elections."

He continued, "We not only completed the infrastructure, and our efforts were not limited to construction and reconstruction alone, but we also built an information infrastructure," noting that "Iraq has resumed its role in leading the Arab world."

He stated that "the new Iraq does not accept being subservient to anyone," stressing that "Iraq is strong and stable  link

Tues. 27 May 2025 Big Call, Bruce: According to an Iraqi contact we have a solid international rate on the Dinar on the Forex in the Middle East

Tues. 27 May 2025 Big Call, Bruce

According to an Iraqi contact we have a solid international rate on the Dinar on the Forex in the Middle East. It will be a managed float on the Forex to get it to the level they want it to (3-4 days).

 DOGE payments will start in the first 12 days of June. 

Your R&R allowance will be on your account that you can see at the Redemption Center when you go in for your appointment.

 SS increases should happen in June. Nesara/Gesara debt relief will occur Thurs. 5 June to Sun. 15 June.

The revaluation of the Vietnamese dong (VND) has been approved behind closed doors AT $0.41-$0.49

 

Will international agencies raise Iraq's credit rating soon?

 Will international agencies raise Iraq's credit rating soon?

 British report points to Baghdad's financial and administrative reforms as possible reasons for the expected move.

The report indicates a significant improvement in the level of financial transparency through the issuance of annual public reports on public revenues and expenditures,

Iraq is moving toward a new economic phase aimed at improving its credit rating with international institutions through a series of financial and administrative reforms and a significant increase in foreign direct investment.

A new report issued by the London-based Global Center for Development Studies finds that the Iraqi government , led by Prime Minister Mohammed Shia al-Sudani, succeeded in attracting foreign investment exceeding $87 billion in 2024, with expectations of this amount rising to between $120 and $150 billion by 2029, in vital sectors including energy, petrochemicals, agriculture, and religious tourism.

Reforms to boost international confidence

The British report identified clear trends in Iraqi economic policy aimed at diversifying sources of income away from oil, strengthening financial governance, combating corruption, and increasing the independence of the Central Bank and improving monetary policy management. This has been reflected in declining inflation rates and a stable dinar exchange rate.

Iraq faces significant economic challenges due to fluctuating oil prices, rising spending, a worsening fiscal deficit, and exchange rate instability.

he report points to significant improvements in financial transparency through the issuance of public annual reports on public revenues and expenditures, and the updating of more than 200 laws over two years, enhancing the business climate and limiting the penetration of corruption networks into the state's institutions.

Cooperation with international institutions

According to the report, Iraq is in the process of signing consulting agreements with two international companies. One will provide technical support to the Commercial Bank of Iraq in compliance with international financial standards, while the other will manage a public relations campaign aimed at improving Iraq's economic image and enhancing its chances of obtaining a better credit rating from international rating agencies such as Standard & Poor's, Moody's, and Fitch.

The report indicated that Iraq's agricultural sector recorded a growth of approximately 15 percent in wheat production over the past three years, while the petrochemical sector achieved a rise of approximately 10 percent in 2023. Religious tourism, meanwhile, recorded a significant increase in exports, with the number of foreign visitors exceeding 20 percent, making it a promising sector for diversifying national income sources.

Although Iraq's rating remains at a low level of B- by Standard & Poor's and Fitch, and Caa1 by Moody's, its high foreign exchange reserves, ongoing reforms, and improved transparency indicators are all positive factors that could contribute to a rating upgrade in the near future, according to the report.  link

TEXAS SNAKE UPDATE : " Countdown Begins — Big News May Trigger Appointments Soon"

 Texas Snake

“What the Banker heard was that certain Bondholders were allowed to exchange and they should begin liquidity Wed. 28 May 2025.”

----

LAST POSTS OF TEXAS SNAKE

TEXAS SNAKE UPDATE 

TEXAS SNAKE UPDATE

GINGER: "AN IRAQI CITIZEN HAS REDEEMED HIS CURRENCY AT THE NEW RATE

 

American company Starlink confirms its readiness to operate in Iraq: We will contribute to the digital transformation

 American company Starlink confirms its readiness to operate in Iraq: We will contribute to the digital transformation.

American company SpaceX "Starlink" confirmed on Wednesday its readiness to operate in Iraq and contribute to the digital transformation and its applications for public and private sector institutions.

The Prime Minister's Office stated in a statement received by ( IQ ), "Prime Minister Mohammed Shia Al-Sudani received, today, Wednesday, a delegation from SpaceX (Starlink), an American company specializing in network, information and communications technology. During the meeting, aspects of cooperation in the field of communications and services provided by the company, and its coverage areas, were reviewed."

During the meeting, Al-Sudani emphasized that "Iraq today boasts many promising investment opportunities, given the rapid growth and urban and service expansion it is witnessing," noting "the importance of the strategic relationship with the United States within the framework agreement and other bilateral memoranda of understanding, which extend to various economic, scientific, and developmental fields."

Al-Sudani directed the relevant authorities to "study ways to facilitate SpaceX (Starlink)'s work and expedite the necessary measures," expressing his welcome for major technology companies, particularly American ones, to operate in Iraq and the possibility of their cooperation with the Iraqi private sector, within the government's vision for digital transformation measures.

For its part, the company's delegation affirmed its readiness to operate in Iraq, provide services, and cooperate in the Iraqi market. It explained that Starlink's services will contribute to digital transformation and its applications for public and private sector institutions, develop communications, and achieve economic prosperity within the framework of bilateral cooperation between Iraq and the United States   link

TIDBIT FROM SANDY INGRAM

 Sandy Ingram   

Representatives Joe Wilson of South Carolina who is a Republican and Jimmy Panetta a Democrat from California introduced a bill called the Free Iraq From Iran Act...

The bill will need to go to the Senate and then be signed by the president.  You as IQD investor want to understand this bill because it is a game changer. 

 The first thing the bill calls for dismantling Iran backed militants within Iraq's borders, including the PMF Popular Mobilization Forces.  This is all set to end Iran's dominance in Iraq's political system.

FX-VU Strategic Release Memo - $4.8101 IQD Anchor and Post-FOREX Convergence #iqd #iraqidinar

 

Baghdad or Erbil? Who controls Iraq's wealth?

 Baghdad or Erbil? Who controls Iraq's wealth?

The Iraqi Ministry of Oil declared two agreements between two American energy companies and the Kurdistan Regional Government of Iraq "null and void" due to their failure to obtain federal approval.

 The World - Correspondents

The tense relationship between Baghdad and Erbil has once again come to the fore after the Kurdistan Region of Iraq signed two massive gas field development agreements with two American companies worth more than $110 billion. This move sparked widespread political and legal controversy and brought to the fore an old question: Who owns the decision-making power over Iraq's resources?

Political analyst Naseem Abdullah told Al-Alam TV: "The Iraqi constitution states in Articles 110, 112, and 121 that the management of oil resources is a joint management between the region and the federal government. This provision is explicit, as the 2005 constitution stated that these resources are managed jointly by the region and the federal government. Currently, the region has violated the constitution through its unilateral management, which constitutes a breach of it."

The agreement, announced by the Prime Minister of the Kurdish region, Masrour Barzani , includes the development of massive oil and gas reserves in the Mizan, Topkhana, and Kordemir fields, potentially transforming Kurdistan into a regional energy hub. However, Baghdad, through the Ministry of Oil, quickly declared the agreement invalid, asserting that it violates the constitution and a ruling by the Federal Supreme Court.

Law professor Mohammed Adiq told Al-Alam TV: "Regarding the relationship between the Kurdistan Regional Government and the federal authorities, it is governed by Articles 110, 114, and 112. Therefore, the expired Kurdistan Regional Government must partner with the federal government in managing oil and gas and concluding oil contracts."

On the other hand, Erbil believes its actions are legal and within its jurisdiction, citing the absence of a federal law regulating the oil and gas sector. It asserts that the revenues will benefit both Kurdistan and Iraq.

Kurdish political analyst Hussein Al-Jaf said, "What happened is not a new contract, but rather the transfer of ownership of the project, which was operating in oil, from Kurdistan to another company. Therefore, there is no such thing as a renewed contract."

This sharp contrast raises a highly complex legal and political issue. While Baghdad champions sovereignty over resources, Erbil asserts that it is exercising a constitutional right that is absent from the national agreement.

The relationship between Baghdad and Erbil remains hostage to intense disagreements over resource management, with Baghdad insisting on centralized decision-making and Erbil insisting on its constitutional rights. The absence of a national agreement is evident, making every crisis a renewed conflict between Baghdad and Erbil.  link

TIDBIT FROM MNT GOAT

 Mnt Goat  

 What will the new rate of the dinar most likey be like when it does come out?

  To answer this question just listen to what the CBI has been telling us.

 They are trying to bring back the Iraqi dinar to a rate of something like in the 1980’s. So what was the rate back then?  [In 1980 the dinar was $3.39]

INTEL FROM MR.SAMMY BANK: A REAL INTERNATIONAL RATE FOR IQD IS $4.00 @DI...

Kurdistan Showcases Investment Opportunities at Paris Forum

  Kurdistan Showcases Investment Opportunities at Paris Forum

The Kurdistan Region is showcasing its investment potential at the French-Iraqi Economic Business Forum currently underway in Paris, with top officials encouraging French investors to explore opportunities in key sectors.

Mohammed Shukri, Head of the Kurdistan Region’s Investment Board, addressed a panel during the event, highlighting the Region’s supportive investment environment. 

He emphasized the availability of promising opportunities in the industrial, agricultural, tourism, and energy sectors.

“Now is the time for foreign investors, particularly our French partners, to engage with the Kurdistan Region’s growing economy,” Shukri said, according to a statement released by the Investment Board.

The statement noted that several foreign investors, particularly French businesspeople, expressed readiness to visit the Kurdistan Region to explore investment opportunities firsthand and potentially boost France’s economic footprint in the area.

More than 300 foreign investors and businesspeople—mostly French—are attending the forum, underscoring France’s continued interest in Iraq’s and the Kurdistan Region’s economic landscape.

This event builds on momentum from last year’s first French-Kurdistan Economic Forum, also held in Paris. 

The gathering was organized in coordination with the Kurdistan Regional Government’s Investment Board and MEDEF, France’s largest business federation, to strengthen bilateral economic ties and attract more French investment to the Region. link

EXCERPTS FROM MARKZ

 EXCERPTS FROM MARKZ

MZ: Well last week they told me they finished their final paperwork and were just waiting on funds….so that’s different 

Member: Lets hope its strict NDA’s and we are very close. 

Member: Mark. heard the rumor Bonds are waiting for their money. they are all done 4a is also done

Member: some people are saying the RV went through. I don’t believe it unless I see it with my own eyes. Could they be hidingit from the whole world?

MZ: yes keep waiting until you see it with your own eyes. No I don’t think they could hide it. 

Member: Mark, I did catch a screenshot of my currency converter this AM with IQD at 1.19 USD before they changed it back.

MZ: What I learned over the “FX-VU Strategic Release memo- $4.8101 IQD Anchor and Post  Forex Convergence” screenshot (shows a picture of the article) so far is it is not a government article. But it does represent a researchers tremendous amount of work

MZ: It has led to us tracking down other things that are pointing at it. There are many indicators towards this. My hat is off to whoever did this research. There is supporting evidence that they may be dead on concerning the rate projection…which has me very excited. 

MZ: Somebody may have spent hundreds of hours putting this together. My researchers are still looking at it and it has opened up ways to go in different directions with this. . 

Member: TNT mentioned the rate could be $4.81 a couple of weeks ago. 

MNT GOAT:THE IQD NEEDS GAIN ITS VALUE & BE REINSTATED BACK TO THE FOREX ...

Wednesday Coffee with MarkZ. 05/28/2025

 Wednesday Coffee with MarkZ. 05/28/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning everyone, good morning mods, good morning Markz

Member: Any word from bond holders?

MZ: Its painful how quiet its gotten

Member: Mark, it’s been quiet with the bond holders before. Is this “quiet” different than before?

MZ: Well last week they told me they finished their final paperwork and were just waiting on funds….so that’s different 

Member: Lets hope its strict NDA’s and we are very close. 

Member: Mark. heard the rumor Bonds are waiting for their money. they are all done 4a is also done

Member: some people are saying the RV went through. I don’t believe it unless I see it with my own eyes. Could they be hidingit from the whole world?

MZ: yes keep waiting until you see it with your own eyes. No I don’t think they could hide it. 

Member: Mark, I did catch a screenshot of my currency converter this AM with IQD at 1.19 USD before they changed it back.

MZ: What I learned over the “FX-VU Strategic Release memo- $4.8101 IQD Anchor and Post  Forex Convergence” screenshot (shows a picture of the article) so far is it is not a government article. But it does represent a researchers tremendous amount of work

MZ: It has led to us tracking down other things that are pointing at it. There are many indicators towards this. My hat is off to whoever did this research. There is supporting evidence that they may be dead on concerning the rate projection…which has me very excited. 

MZ: Somebody may have spent hundreds of hours putting this together. My researchers are still looking at it and it has opened up ways to go in different directions with this. . 

Member: TNT mentioned the rate could be $4.81 a couple of weeks ago. 

Member: Will gold and silver RV before the currencies?

Member: DeSantis signs Gold and silver as legal tender.

Member: Texas already has that as legal tender also

Member: There are quite a few states with Goldbacks now

Member: Funny how my bank now ask me if I still have my IQD, and what am I going to do with them when time comes.

Member: Maybe Iraq is doing a slow float with the parallel market

MZ: “Reasons for the continuous decline in dollar exchange rates in Iraq”  CBI economists say its because they have made tremendous changes in Iraq to bring monetary stability. They expect it to continue to increase the dinar value. I think we are about to see the CBI to make a substantial change in the value of the dinar. 

MZ: “Government advisor responds to Parliament: No financial crisis in Iraq”  Saleh knows how to throw a cherry on top of a sundae. He breaks it down where the numbers are at with the fluctuations in the oil market and cycles since 2014. 

MZ: “Al Atwani: Iraq’s involvement in the International Financial system is no longer an option, but a necessity to enhance confidence in the national economy”  this is about them going fully international without any restrictions.  Which means a fully international currency.

Member: Mark in you humble but "Expert" opinion- what do you think is the holdup to this thing?

Member: I think the Big Beautiful Bill is a switch in the big Reset of GCR GESARA and NESARA.

Member: Here we are again... last Wednesday of another month that's about to bite the dust....I keep my fingers crossed an RV will happen soon.

Member: Thanks to everyone for their encouragement and information. Have a great day today. 

Mod: Whiskey and Wisdom is tonight at 8:00 est

TIDBIT FROM FRANK26

 Frank26  

 Community Comment about Forex Summary: "This is 100% confirmed that the Iraqi dinar is on Forex." 

 No it's not. 

Community Comment:  "This is now considered a managed float."   

No. No. No...Forex and the Iraqi dinar is good news but it's not what they're saying on the internet...This is all part of the White Paper Plan...This is the Asraflk education telling the Iraqi citizens...

The horses are now in the gate and they are ready to go active...international...They are talking about the Iraqi dinar being 'paired' with the United States dollar, not pegged...$4.81 that is a goal but they are not there yet...

The Iraqi dinar are being put in position to go live international trading as soon as they pull the trigger...This could take weeks...months...years...but I don't think it's gonna.