Friday, June 6, 2025

MILITIAMAN: They are not going to do this with 1310 IQD / 1 USD!! @DINARREVALUATION #iraqidinar#iqd

 


AL-SUDANI AND THE ISLAMIC UNION PARLIAMENTARY COMMITTEE STRESS THE IMPORTANCE OF APPROVING THE OIL AND GAS LAW

AL-SUDANI AND THE ISLAMIC UNION PARLIAMENTARY COMMITTEE STRESS THE IMPORTANCE OF APPROVING THE OIL AND GAS LAW

Iraqi Prime Minister Mohammed Shia al-Sudani received a delegation from the Kurdistan Islamic Union Party’s parliamentary bloc on Tuesday. The meeting discussed vital issues related to the relationship between the federal government and the Kurdistan Region.

During the meeting, the two parties emphasized the “need to find radical solutions, within the framework of the constitution and the law, regarding the Kurdistan Regional Government’s financial obligations, based on the provisions of the budget law and the Federal Court’s decision.”

The importance of passing the oil and gas law was also emphasized, according to a statement from the Prime Minister’s Office, referring to one of the most contentious issues between Baghdad and Erbil in years.

Al-Sudani explained that the government “is keen to meet citizens’ aspirations and monitor their affairs throughout Iraq, based on its legal and constitutional responsibilities and the priorities and needs of citizens.”

During the meeting, “a number of national issues and topics were discussed, as well as the government’s implementation of its service and economic program.”

For their part, members of the Kurdistan Islamic Union parliamentary bloc pointed to “the importance of the strengthening of security and social stability, coupled with a comprehensive economic and urban renaissance,” praising “the government’s efforts in service-related issues and tangible reforms, and their positive impact on the lives of citizens across the country.”

This comes as the Coordination Framework also affirmed the federal government’s commitment to guaranteeing the rights of all citizens, noting at the same time that the enactment of the oil and gas law represents the core of the solution between Baghdad and Erbil.

 The Iraqi constitution devotes two articles to the issue of oil and gas, Articles 111 and 112, without addressing how the country’s oil policy will be formulated. This was left to the issuance of the Oil and Gas Law, which, after two decades and the current Iraqi government’s pledge to issue it within six months, remains unclear when it will be issued.

JUDY NOTES: Possible Timing EBS Alert, Global Currency Reset

 Possible Timing EBS Alert, Global Currency Reset:

  • At 11 am EST Mon. 2 June all aspects of NESARA were implemented and the big banks were put online with the QFS as of 6 pm Mon. night 2 June 2025.
  • At 3:03 EST on Tues. 3 June 2025 Operation Odin (QFS) was fully activated, EBS deployed through Starlink, banks closed, currencies cancelled, Sovereignty restored, codes active, accounts open, their system will freeze, yours will open. …Trump Family Channel, The 17th Letter (JFK Jr.), Julian Assange, Ben Fulford, WH Grampa on Telegram
  • On Thurs. 6 June 2025 the first QFS Card test batches began moving under military escort in key zones. Public distribution expands from June 7–10. By July 4 the general public.
  • Tier4b notifications were expected to go out on Tues. 10 June. Internal banking advisories indicated public redemption will begin regionally, based on QFS load-balancing and readiness reports.
  • On Fri. 13 June 2025 all Tier4b appointment notifications were to be completed.
  • Wed. 11 June Iraq set to make public announcement of the Dinar Revaluation (the end of a 5 day holiday), with international rate set at $4.81 Iraqi Dinar to $1.00 USN.
  • Sun. 15 June 2025 EBS Goes Live: “Each citizen will receive a one-time secure code, instructions for wallet activation, confirmation of debt wipe status and access to the sovereign fund dashboard.” …F*I Director Kash Patel
  • Around Sun. 15 June 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the final switchover to full QFS integration.
  • As of Mon. June 23, 2025, Redemption Centers will begin processing live appointments for the general public under full GESARA protocol. According to sources inside two U.S. Treasury branches, the schedule is already being populated with approved Tier 4B participants. This is the moment we’ve all prepared for. …Emergency Broadcast System on Telegram
  • Between Sun. 29 June and Fri. 4 July 2025 expect an EBS Bank Blackout Period while systems adjusted to the new currency rates and Global Financial System.
  • Fri. 4 July 2025: Public rollout of Global Currency Reset.
  • Wed. 9 July 2025 was the Back Wall for the Global Currency Reset to occur optically. …Jon Dowling, Iraq
  • What happens at a Redemption Center?
    • You’ll confirm your identity through biometric authentication.
    • Your ZIM, Dinar, and Dong holdings will be verified and exchanged at asset-backed rates.
    • You’ll receive a digital quantum card tied directly to your sovereign QFS wallet.
    • You’ll be briefed on post-exchange asset management, debt clearance, and project support funds.
  • Locations are tightly controlled. No drop-ins. You’ll receive your time slot via direct encrypted alert — be ready.
  • Security Protocols:
    • These facilities are protected by military-grade encryption and surveillance.
    • All activity is recorded through the quantum ledger and cannot be erased.

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

 


A “BLACK” TRICK AND BANKING LOOPHOLE GENERATE MILLIONS OF DOLLARS FOR IRAQI FACTIONS

A “BLACK” TRICK AND BANKING LOOPHOLE GENERATE MILLIONS OF DOLLARS FOR IRAQI FACTIONS

A US report revealed that Iranian-backed Iraqi militias have been exploiting a loophole in the Iraqi banking system, namely Visa and MasterCard, to withdraw dollars from Iraq. Transactions have rapidly increased to $1.5 billion per month.

A report by the American newspaper “The Wall Street Journal,” translated by Shafaq News Agency, explained that loopholes and weak oversight have allowed the militias to benefit from manipulating the credit card system.

 It added that the small market that appeared for Visa and Mastercard in early 2023 has suddenly transformed into a financial transfer operation worth $1.5 billion per month. 

American and Iraqi officials say that behind it stand Iranian-backed militias exploiting American payment systems to circumvent sanctions and reap huge profits.

Noting that “a new loophole has replaced the old one,” the report explained that after the US Treasury and the Federal Reserve Bank of New York halted fraudulent international bank transfers conducted by Iraqi banks in late 2022, Iraqi militias quickly shifted to using another mechanism, namely Visa and Mastercard credit and prepaid cards.

The report noted that the card system emerged with the dismantling of the previous system of bank transfers, which lacked anti-money laundering controls. 

This flawed system was introduced by the United States after the Iraq War and allowed militias and Iran access to billions of dollars. It added that the sudden shift to bank cards occurred almost immediately after the shutdown of that tap.

The report stated that by mid-2023, cross-border transactions using Iraqi cards had increased by nearly 3,000%, indicating that a significant portion of this volume was related to the exploitation of the gap between the official exchange rate and its high black market rate.

The report explained that the militias and their partners load the cards in Iraq, then use them to withdraw dollars from neighboring countries. They then return the cash to Iraq and exchange it for dinars at a profit that has sometimes reached 21%.

The report quoted officials as saying that the profits were substantial, with cardholders linked to the militias generating an estimated $450 million in profits in 2023 alone from this fraud. They added that Visa and Mastercard, which charge fees on international transactions, together generated approximately $120 million from these practices.

According to the report, despite repeated warnings from the US Treasury Department since mid-2023, Visa and Mastercard delayed taking action for several months. It added that after Treasury officials revealed that individuals linked to militias were flooding ATMs in Dubai with their Iraqi bank cards, the two companies postponed major action until March 2024.

In addition, the report noted that the militias have expanded their operations by using fictitious transactions with foreign merchants, point-of-sale devices that operate via VPNs, and smuggling networks to transfer money.

According to the report, some merchants accepted fake purchases in exchange for cash, a portion of which was returned to the seller, while others helped launder these transactions through jewelry stores and shops in free trade zones in the UAE and Turkey.

Additionally, the report stated that Iraqi government-backed cards were also used, as Qi cards, designated for paying the salaries of government employees and militia members, were a key part of the fraud scheme. Militias seized the cards of ordinary fighters, and the names of fictitious employees were inserted onto payrolls to obtain more cards, which were then used in this transaction cycle.

Under mounting pressure, Mastercard and Visa finally implemented sweeping measures in early 2024, according to the Wall Street Journal. Mastercard cancelled more than 100,000 cards and removed 4,000 UAE merchants from its network. Visa followed suit, identifying 70,000 suspected fraudulent cards and temporarily banning thousands of foreign sellers.

The US report indicated that Iraqi regulatory authorities imposed a monthly maximum of $300 million on cross-border transactions, and a maximum limit of $5,000 per cardholder.

In addition, the report noted that the Central Bank of Iraq hired a New York-based financial crimes firm to monitor the system and required all card issuers to operate through banks with correspondent relationships with the United States, while many Iraqi card issuers were excluded from the Visa and Mastercard networks.

The US report noted that the Treasury Department blacklisted three card companies suspected of having ties to militias, including a company affiliated with the Imam Abbas Shrine in Karbala, a major destination for Iranian pilgrims.

He considered this case to reveal significant weaknesses in global payment systems, particularly in fragile or poorly regulated markets. He noted that Iraq’s economy remains heavily reliant on cash transactions, while oversight is weak. The transition to digital payments occurred without adequate safeguards, allowing armed groups subject to US sanctions to exploit Western infrastructure to circumvent restrictions.

He concluded that despite Visa and Mastercard’s assertions of their rapid response and strong cooperation with authorities, US and Iraqi officials believe the companies’ delay allowed the fraud to expand and reach billions of dollars.

The Wall Street Journal report concluded by noting that while the United States seeks to preserve the global integrity of the dollar and strengthen the implementation of sanctions, the Iraqi payment system and the companies operating within it have become a stark warning of what can happen when financial innovations bypass oversight.

Shafaq.com


BRUCE HIGHLIGHTS

 Thurs. 5 June 2025 Bruce

  • There were additional banks that have yet to integrate into the Quantum Financial System, Starlink System, Blockchain Technology and Syntax System. That should complete by Sun evening.
  • 24 currencies were going up in value. Korean Won and Taiwan Dollar have been added.
  • According to Iraqi sources the Iraqi Dinar will be revalued over the weekend in a four day holiday ending Mon. 9 June – and expected to come out on Tues. 10 June.
  • Some sources said the IRS was gone, the IMF was gone, the SWIFT System was gone.
  • T he new Quantum Financial System was in place and allows you to do an immediate transfer of funds.
  • By Sun. night 8 June our Federal Reserve USD accounts will be transferred to a USTN account.
  • USTN will be out by Tues. 10 June.
  • Tier4b notifications should come out on Tues. 10 June, so we could start exchanging on Tues. 10 June or Wed. 11 June.
  • The Q phone that hooks up with the Quantum System or a certificate for it should be available at the Redemption Center.

FRANK26: "Do you think $4.81 is a marker or a chance it could open at that?" #iraqidinar #iraq

 


THE IRAQI CURRENCY: A DOCUMENT THAT ATTRACTS TOURISTS AND INVESTORS WITH COMMENTS OF MNT GOAT

THE IRAQI CURRENCY: A DOCUMENT THAT ATTRACTS TOURISTS AND INVESTORS

(At 1/6 of a penny…lol…lol…? Why are they even showing us the history of the dinar again. Seems every few years they do this.)  

Why present this history of the Dinar now? 

Currency has played a significant role in regulating economic and political life in Iraq, with its forms and symbols evolving over the ages, all the way to the modern era. It has become an essential part of the national and international economic structure, and with Baghdad being designated the Arab Capital of Tourism, it represents a means of attracting tourist investors.

The Iraqi currency has undergone many transformations, as historian Dr. Adel Shaker explains in a statement to Al-Sabah: “Commercial transactions in Iraq were based on a commodity exchange system, with commodities such as wheat, sheep, and vegetables being exchanged before they were regulated by written laws. These laws were written in cuneiform script, protected the rights of merchants, and regulated exchange operations.”

He emphasized that over time, currencies evolved and diversified in their forms. Gold and silver coins appeared bearing important slogans, such as “There is no god but God, Muhammad is the Messenger of God” or “Ali is the guardian of God.” They immortalized the names of kings and historical events, especially in regions such as the city of Hatra in northern Iraq, which went through multiple political phases. Its kings placed slogans expressing their beliefs and deities, such as the sun god.

The system was initially disorganized, until laws intervened to regulate these processes. Priests controlled the temple and regulated religious, social, and political life. They wrote down laws on cuneiform tablets, which are now part of museums and illustrate ancient trade operations.

Shaker explained that the beginnings of the use of currency in Iraq date back to the First World War, when Iraq was part of the Indian monetary region, and the Indian rupee was used as legal tender during that period until the year 1932. In the year 1931, the Iraqi Currency Committee was established pursuant to Law No. (44) of 1931, then it was abolished and the National Bank of Iraq was established pursuant to Laws No. (42, 43) of the year (1947) to undertake the issuance of currency.

Pointing out that the Iraqi currency went through several stages, namely the royal edition bearing the image of King Faisal, which continued until 1958, the edition bearing the republican emblem until 1978, and the international edition called (the Swiss edition), which was printed by the British company Delao and the Soviet Exportless until 1990.

As a result of the economic blockade that Iraq went through, the Central Bank of Iraq printed banknotes at the Al-Nahrain Printing House, which did not meet security specifications and were made of plain paper. In early 2003, the Central Bank withdrew all local and international banknotes called the Swiss edition, and introduced the new series of Iraqi dinars, consisting of seven denominations, which were printed with high security specifications, and continued to be developed.

JUDY NOTE : It was my understanding that Redemption Centers could give you a higher rate

 Judy Note

 It was my understanding that Redemption Centers could give you a higher rate on exchange of your currencies than could a bank. The much higher Dinar Contract rate was only available at a Redemption Center.

 Zim could only be redeemed at a Redemption Center, not at a bank.

 They will be sending out notifications on how to obtain an appointment at a Redemption Center and such will be posted in my updates and on various Dinar websites.

  • Tues. 3 June 2025 MarkZ: “I have a number of Bond Contacts who are very excited that things will happen this week. They won’t give specifics, but are very excited.”
  • Sun. 1 June 2025 Wolverine: “I can’t tell you specifics, but my contacts are very excited that things were happening this week.”

Iraq is getting closer to membership in the World Trade Organization!! #iqd # #iraqidinar #iraq

 


Iraq Stops Attempt To Smuggle Rare Archaeological Treasures Abroad

 Iraq Stops Attempt To Smuggle Rare Archaeological Treasures Abroad

A wish | 01:08 - 05/06/2025  Mawazine News - Baghdad - The Parliamentary Security and Defense Committee confirmed that the Ministry of Interior has implemented intensive intelligence efforts that resulted in four major strikes against antiquities and rare book smuggling networks over the past two months across the country.

Committee member MP Yasser Iskandar stated that security and intelligence teams, in coordination with various security formations, carried out operations in Baghdad and other governorates, where a rare archaeological book was seized in Diyala and two individuals in its possession were arrested. 

He explained that these successes are the result of precise intelligence efforts and continuous field monitoring of elements operating within local networks cooperating with external parties to smuggle historical treasures.

Iskandar also pointed to the development of the plan to secure archaeological sites through coordination between the General Authority for Antiquities and security services, which has helped enhance protection and prevent the infiltration of smugglers. 

He emphasized the importance of citizen awareness in thwarting smuggling operations, as reports and national sentiment have contributed to preserving the cultural heritage of Iraq, which is one of the richest countries in the world in antiquities.

These operations have resulted in the arrest of a number of those involved and the dismantling of smuggling operations targeting Iraqi cultural heritage. https://www.mawazin.net/Details.aspx?jimare=262193


MNT GOAT : "ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ'S NATURAL RESOURCES

MNT GOAT 

"ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ'S NATURAL RESOURCES EXCEEDS $16 TRILLION".

"The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector. He noted that the value of Iraq's natural resources exceeds $16 trillion. " - 

"The government has signed memoranda of understanding with reputable international companies in the fields of mineral exploration and investment, particularly in phosphate, sulfur, lithium, and copper fields". 

- "The mining sector represents a promising opportunity for Iraq, not only to increase public financial revenues, but also to restore the structural balance of the Iraqi economy.

..........Choo-Choo.....

...Odie Hey, Odie, Odie, Odie Hey.....

Their words not mine.....No

MARKZ: THE REDEMPTION CENTERS ARE ACTIVE!! @DINARREVALUATION #iraqidinar #iraq #iqd

 


Al-Sudani: Industry Is The Cornerstone Of Economic Recovery

 Al-Sudani: Industry Is The Cornerstone Of Economic Recovery

Thursday, June 5, 2025  Economic Number of readings: 55  Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed: "Industry is the main pillar of economic recovery, which contributes to achieving sustainable development."

Al-Sudani said in a speech at the National Industry Day celebration at the headquarters of the Iraqi Federation of Industries: "Iraqi industrialists have proven their ability to innovate and face challenges."

The Prime Minister added: "After 2003, our country witnessed an ill-considered openness that reached the point of dumping and halted industry."

He continued: "Our industry today has entered the area of ​​self-sufficiency, and for the first time, the government has imposed sovereign guarantees for private sector projects, and we did not hesitate to issue any decision to protect the national product."

He stressed: "The private sector is a partner in facing challenges, and the Council of Ministers is ready to take decisions that go beyond product protection decisions, including preventing the import of competing materials. "

He said that the private sector is a partner in facing challenges, indicating that more than 34,000 industrial projects are covered by the guarantee.

He added that Iraq is an oil, industrial and agricultural country, pointing out that there is a challenge in the lack of control over ports, which has contributed to the entry of cheap goods that have affected local products.

The Prime Minister continued: We aim to transform our oil exports into high-value derivatives by creating an important and in-demand petrochemical oil industry for export. /End  https://ninanews.com/Website/News/Details?key=1231926


Thursday Coffee with MarkZ. 06/05/2025

Thursday Coffee with MarkZ. 06/05/2025

Thursday Coffee with MarkZ. 06/05/2025

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, happy to see you all on this great Thursday morning!

Member: A long time ago….we were told that just before the RV/reset there would be lots of confusion, misinformation and chaos.  Then quiet…….I really hope we are in the quiet part right now 

MZ: It is eerily quiet everywhere. I am salty that this is taking so long. 

Member: I am salty too.,…but, I still believe!

Member: Mark I got me a hat says “salty crew” maybe we all need one? Haha

Member: Can’t be salty…you get accused of whining. Just sayin ….so I don’t speak anymore.

Member: We ARE moving forward...just havent hit Warp Drive yet...JUST IN: President Trump holds telephone conversation with Chinese President Xi Jinping to discuss trade.

Member: MTWGA= Make The World Great Again!!!!!!

MZ: I continue to hear from bond folks there is great expectations for the weekend. 

MZ: Some historical asset sources believe the Russian/Ukraine flare up could slow things down…but bankers disagree. They believe things are moving forward as we speak. 

Member: Isaac (bond holder) posted, he had his appointment today and should get his confirmation Tuesday or Wednesday.

MZ: “Economist: Expanding bank transfers contributed to the decline of the price of the dollar” they want us to know their banking reforms have been affective. Things are starting to operate through the international banking system. 

MZ: “Oil Minister from London: Iraq will achieve self sufficiency in white products by the end of the year” In other words they say they are ahead of schedule. 

Member: Could a less-corrupt nation have been selected as the trigger to get this all started?

Member: I think Sudani is trying…..But, They move at a snails pace in the Middle east….and many in the past were very corrupt…

Member: Most countries are corrupt anymore…..Nesara and Gesara are supposed to fix that -if it would ever happen. 

Member:  There is a banking holiday in Iraq from the 6-10!  Cover for the RV?

MZ: Yes we are coming up on an extended banking holiday in Iraq. My sources are seeing older lower denominations from the Saadam Hussein era in circulation. 

MZ: I was also told by one Iraqi whose spouse works in the banking industry that they are circulating a “cut-sheet” showing what the new lower denominations are going to look like in Iraq. That is a very good sign. 

Member: Our banker was so excited to hear about it being close....she makes our wire transfers for silver

Member: This is like the last 10 min of a Hallmark movie…misunderstanding and then everything is fixed.

MZ: LOL- That is eerily accurate.

Member: Please God let this month be the month.

Member: I think we should all have a day of fasting and prayer to bring this to pass if we have faith the size of a mustard seed nothing shall be impossible to us -Matthew 17

Member: Let's do this thing. this weekend sounds good to me. been here 15 years and this is the closest we've ever been.

Member: Happy Birthday Blessings and Wishes for anyone celebrating today!

 StacieZ joins the stream today. Please listen to the replay for her information

FIREFLY: the dinar is gaining against the dollar in our country. @DINARREVALUATION #iraq #iqd

 


FRANK26: "SO FAR SO GOOD".

 KTFA

FRANK26: "SO FAR SO GOOD".........F26

Sudani's financial advisor: Cooperative hypermarkets reduced demand for the parallel dollar and prevented a rise in inflation.

 

5/29/2025

 

Baghdad/Iraq 

The Prime Minister's financial advisor, Mazhar Saleh, confirmed that the hypermarket policy has effectively contributed to reducing demand for dollars on the parallel market, which has had a positive impact on price stability.

He explained in a press statement that this policy helped prevent inflation rates from rising, keeping them within the 3% range, noting that the measures implemented have boosted market confidence.

He added that the proliferation of hypermarkets has encouraged merchants to shift toward importing through official dollars instead of parallel currencies, which has contributed to regulating market activity and financing foreign trade in a legal and stable manner.


LINK


SAMSON: The dollar's decline improves citizens' living standards and monetary policy

THE IMPORTANCE OF THE FALLING DOLLAR RATE 

 Samson 

 Article: "Economist: The dollar's decline improves citizens' living standards and monetary policy." 

Quote: "Economic expert Salah Nouri confirmed that the continued decline in the dollar exchange rate carries with it multiple positives that are directly reflected in the lives of Iraqi citizens...

The decline in the dollar exchange rate leads to a significant decline in import costs, which positively impacts commodity prices in local markets... Citizens will be able to purchase larger quantities of goods, especially basic food items and medicines, 

which will help alleviate their living pressures... 

The  economic expert emphasized that this decline reflects a clear improvement in the monetary policy pursued by the Central Bank of Iraq, noting that it contributes to reducing dollar acquisitions and speculation, thereby enhancing overall economic stability in the country.

GROUP PAYOUTS AT REDEMPTION CENTERS: Dinar/Dong = double-digit USD , Notification Phase underway

 


FRANK26: "FIX THE EXCHANGE RATE"

 KTFA

FRANK26: "FIX THE EXCHANGE RATE"..........F26

Foreign reserves between inflation targeting and external rent shocks


5/29/2025

 

 


Monetary policy relies on a fixed exchange rate system to guide the real exchange rate towards the short-term target inflation rate.
 This system is appropriate for the Iraqi economy, as real output values ​​are linked to global prices due to the unilateral structure of the economy and the sharp decline in the contribution of non-oil exports to fixed capital formation.  Therefore, the fixed exchange rate system was a realistic option to avoid the erosion of the value of the dinar.

Due to the impact of external rent shocks, controlling foreign reserves (dollars, gold, and securities included on the asset side of the Central Bank's balance sheet as Iraq's external debt) has become an instrumental approach to managing the Central Bank's responses to the aforementioned shocks. This involves regulating exchange rate fluctuations, targeting inflation rates. Inflation can rise and fall due to external rent shocks, leading to fluctuations. Therefore, the Central Bank uses its reserves to sterilize the dinar's expansion through dollar purchases and sales, and cash transactions in the stock market, both buying and selling, to achieve the target exchange rate. The movement of foreign reserves is linked to public spending on oil revenues in dollars after the Central Bank exchanges them for dinars to meet demand from the private and public sectors, as well as government and household purchases. Depending on the surplus and deficit in the balance of payments, reserves grow or shrink. When oil revenues rise, the central bank refrains from financing the budget deficit, and the government reduces its spending, aiming to raise foreign reserves to be used to finance the budget deficit when oil revenues decline again.
Foreign reserves witnessed a significant increase due to the positive shock in the second half of 2021, reaching 3.244 million barrels per day at an average price of $110 per barrel. This increased Iraq's surplus in public finances and overall external balances, as reserves exceeded $90 billion, helping to stabilize the stabilization system and inflation targeting. However, with global oil prices heading towards a negative shock this year (2025) to less than $60 per barrel, and the Central Bank continuing its sterilization policies and measures towards international compliance, this led to a decline in reserves to less than $97 billion in March 2025, after having been around $105 billion in December 2024. Due to the recent shock, the Central Bank resorted to compensating by increasing its foreign exchange sales.

Therefore, in light of external rent shocks, we see the need for coordination between government policy and the Central Bank. From the government policy side, spending must be restricted to purely technical limits, thus deepening the reduction of the government deficit and strengthening the strategic role of reserves. Monetary policy must sustain its goal of achieving a stable inflation rate by managing the movement of the dollar exchange rate and demand for it in the interest of price stability and reducing costs in favor of rational spending policies. Achieving low and stable inflation is an important factor in enhancing the local and foreign investment climate, which is linked to related economic policies, including commercial, agricultural, and industrial policies.

In short, the dependence of foreign reserve volatility on external shocks will remain a limiting factor in the national economy's ability to combat inflation and support the investment climate. Therefore, two levels of optimal solutions can be identified. The first, at the strategic level, involves sustained coordination between fiscal and monetary policies. The second, at the macro and structural level of the Iraqi economy, lies in addressing the rentier nature of the economy by gradually increasing the contribution of non-oil GDP to meet aggregate domestic demand, while supporting export diversification policies.


LINK

 

💥 MAJEED BREAKDOWN: The “Zero Game” Revealed — How the Iraqi Dinar Could Gain Massive Value

  Read also: Q & A WITH GINGER ABOUT HOW PEOPLE WILL RECEIVE NOTIFICATIONS AND THE PROCESS IN THE REDEMPTION CENTERS