Showing posts with label #MarkZ #IraqDinar #RVUpdate #IraqEconomy #EuropeanBank #SafeAndStable #HCL #MonetaryReform #GlobalInvestment #FinancialReconstruction #DinarRevaluation #EconomicConfidence. Show all posts
Showing posts with label #MarkZ #IraqDinar #RVUpdate #IraqEconomy #EuropeanBank #SafeAndStable #HCL #MonetaryReform #GlobalInvestment #FinancialReconstruction #DinarRevaluation #EconomicConfidence. Show all posts

Friday, December 26, 2025

MarkZ Update: $100M European Bank Financing Confirms Iraq as Safe & Stable

In the latest MarkZ update (via PDK), a major international banking development is drawing attention across the financial community. A $100 million financing package from a European institution signals growing confidence in Iraq’s stability, reconstruction, and long-term investment outlook—while questions around the RV timeline and HCL progress remain front and center.

As always, this reflects opinion and interpretation, not financial advice.

⚠️ MarkZ Disclaimer

Please consider everything on this call as my opinion. People who take notes do not catch everything and it’s best to watch the video to get everything in context. Be sure to consult a professional for any financial decisions.

Major Banking News: A Strong Vote of Confidence

Article Highlight

“National Bank of Iraq receives $100 million in financing from the European Bank for Reconstruction and Development.”

According to MarkZ:

“They believe Iraq is a safe, stable, and attractive investment atmosphere.”

🌍 Featured Snippet: Why This Deal Matters

A $100 million financing agreement from a European development bank signals international confidence in Iraq’s security, governance trajectory, and economic reforms—key prerequisites for sustained growth and broader monetary progress.

Why Institutional Financing Is So Important

This type of funding typically requires:

  • Political and regulatory stability

  • Transparent banking practices

  • Reduced sovereign risk

  • Long-term economic viability

For many observers, this move:

  • Reinforces Iraq’s international credibility

  • Supports ongoing reconstruction and development

  • Aligns with broader financial normalization

RV Timing: Is January 2nd Still in Play?

Community Question

Q: “Mark, do you still think the RV will happen around January 2nd?”

MarkZ:

“I think it will… but no one knows the timing.”

Key takeaway:

  • January 2nd remains a possibility

  • No firm dates are guaranteed

  • Timing remains fluid and conditional

HCL Status: Progress, But Not Finished

Community Question

Q: “Is HCL done?”

MarkZ:

“Not yet. We know they have made a lot of progress last week according to articles.”

This suggests:

  • Continued negotiations and alignment

  • Forward momentum, but no final passage yet

  • HCL remains a critical piece tied to broader reforms

How This Fits the Bigger Picture

When viewed together:

  • International financing

  • HCL progress

  • Ongoing reconstruction

  • Strengthening banking sector

…these developments reinforce the narrative that Iraq is positioning itself for deeper global integration.

Q&A – Quick Clarifications

Q: Does this bank deal confirm an RV?

A: No. It confirms confidence and stability, not a rate announcement.

Q: Why is European financing significant?

A: These institutions are conservative and risk-averse, signaling strong confidence.

Q: Is January still important?

A: Many observers, including MarkZ, still view early January as a key window, though timing is uncertain.

Q: Is HCL required before RV?

A: It’s widely believed to be an important component, but progress continues.

Final Thoughts

The $100 million European financing deal adds real-world validation to years of reform efforts. While RV timing remains uncertain , institutional confidence, legislative progress, and reconstruction funding all point toward a country moving forward.

Patience, perspective, and careful observation remain essential.

🔗 Follow & Support Our Official Platforms

🌐 Blog:
https://dinarevaluation.blogspot.com/

📢 Telegram:
https://t.me/DINAREVALUATION

📘 Facebook:
https://www.facebook.com/profile.php?id=100064023274131

🐦 Twitter / X:
https://x.com/DinaresGurus

▶️ YouTube:
https://www.youtube.com/@DINARREVALUATION

🔥  Hashtags

#MarkZ #IraqDinar #RVUpdate #IraqEconomy #EuropeanBank #SafeAndStable #HCL #MonetaryReform #GlobalInvestment #FinancialReconstruction #DinarRevaluation #EconomicConfidence 

MarkZ 

  [via PDK]  

Article:  “National Bank of Iraq receives $100 million in financing from the European Bank from reconstruction and development”   If you are looking for someone to put an exclamation mark on the phrase “safe and stable” …here you go. This is not a company to roll the dice investing. They believe Iraq is a safe and stable and attractive investment atmosphere. 

 Question:  Mark, do you still think RV will happen around January 2nd?  MarkZ:  I think it will…but no one knows the timing. 

 Question:  Is HCL done?  MarkZ:  Not yet. We know they have made a lot of progress last week according to articles. 


at
Labels:

WOLVERINE:“ This was the holdup… now we are ready to go" @DINARREVALUAT...

at
Labels:

SUDANI DIRECTS A COMPREHENSIVE EVALUATION AND RESTRUCTURING OF TAX ADMINISTRATION SYSTEMS IN IRAQ

SUDANI DIRECTS A COMPREHENSIVE EVALUATION AND RESTRUCTURING OF TAX ADMINISTRATION SYSTEMS IN IRAQ

December 18, 2025 

On Thursday, outgoing Prime Minister Mohammed Shia al-Sudani directed that a comprehensive evaluation and restructuring of all tax administration systems in Iraq, including their specific policies, be carried out.

This came during his chairmanship of a special meeting to follow up on the implementation of the comprehensive tax system governance, in the presence of senior staff of the General Authority for Taxes and relevant institutions, and representatives of the consulting firm “Oliver Wyman”, according to a statement issued by the Sudanese Media Office.

The statement said that the meeting reviewed previous efforts to follow up on the comprehensive development of the tax administration sector through reform steps, most notably attracting specialized international companies to work on the integrated automation of tax departments, and a detailed presentation was given to these companies.

Al-Sudani also directed the Supreme Committee for Tax Reform to study the Oliver Wyman program in planning and implementation and to submit a detailed report on it, as this program included an integrated work methodology for reforming and developing tax administration, as a fundamental and pivotal pillar for increasing sustainable government revenues, in order to reach a tax administration that is characterized by transparency and fairness, and contributes to raising Iraq’s financial and investment ranking.

According to the statement, the meeting reviewed a number of similar experiences in Arab countries, the extent of development that has occurred in their work, and the amount of tax increases achieved during the first year of implementation.

Iraq had the highest income tax rate among Arab countries for the year 2024, according to infoflix.

Recent economic data seen by Shafaq News Agency shows that Mauritania topped the list of Arab countries in terms of the highest income tax rates for 2024 at 40%, followed by Morocco at 38%, then Algeria and Tunisia at 35% each. Egypt came in fifth place with 26%, followed by Lebanon with 25%, followed by Syria in seventh place with 22%, while Jordan came in eighth place with 20%. Iraq and Sudan came in last place with 15% each, reflecting a clear disparity in tax policies among Arab countries.

Economic experts believe that the decline in the income tax rate in Iraq is due to ongoing efforts to attract investments and stimulate the private sector, in light of the economic challenges facing the country, especially the heavy reliance on oil revenues.

The tax system in Iraq also continues to face difficulties in implementation and modernization, which affects the state’s ability to maximize non-oil revenues.

At the end of August, Al-Sudani confirmed that Iraq faces a major economic challenge, namely the priority of reform and the transition to a diversified economy, noting that the size of public spending in each fiscal year amounts to about 150 trillion dinars, compared to tax revenues that do not exceed 3 trillion.

In a speech during the tax conference for economic development and revitalizing the investment environment held in Baghdad, Al-Sudani said, “The general budget amounts to about 150 trillion dinars annually, compared to tax revenues that do not exceed 3 trillion, and these figures need to be examined and reviewed.”

He added that “reform decisions in the economic field were previously exploited within the framework of slogans and pressure on official institutions,” noting that “the government sponsored the tax system reform conference in December 2023, which came out with a package of important recommendations.”

He explained that “Cabinet Resolution (24074 of 2024) put the tax reform packages into effect, followed by the formation of the Supreme Committee for Monitoring Tax Reform,” indicating that “the efforts resulted in international interest from investors in tax reform in Iraq.”

Al-Sudani added that “the government worked to increase non-oil resources despite great caution due to the absence of a supportive political and social environment,” noting that “the index rose from 7% in 2022 to 14% in 2024.”

He noted that “tax revenues increased by 26% during 2024 compared to the previous year, and by 3% in the first half of this year compared to the same period last year,” stressing that “digital transformation has contributed to enhancing tax capacity and accuracy.”

Al-Sudani explained that “the tax inquiry platform has eliminated cases of name similarity, delays, corruption, and undermining the taxpayer’s confidence in tax procedures,” adding that “the system for tax payment receipts and their matching has been completed electronically after it was previously paper-based.”

He affirmed that “there is ongoing communication with reputable international companies to work towards achieving the highest international standards in the tax system,” stressing that “the draft of the new income tax law has adopted international standards, while adhering to social justice and tax allowances for those with lower incomes.”

He pointed out that “the new law that will be enacted soon will be business-friendly and supportive of the green economy and emerging projects,” indicating that “the Supreme Committee for Tax Reform has completed the policy paper on tax accounting for oil companies to address the problems and obstacles to their work.”

Al-Sudani added that “unifying tax procedures between the federal government and the Kurdistan Regional Government of Iraq has facilitated the processing of tax files for universities and private banks,” stressing that “the reforms being achieved represent a message to the citizen to support his political system and manage resources in the best possible way.”

He concluded by saying: “We will not allow a tax increase that leads to a business-repelling climate or comes at the expense of fairness in taxation.”

Shafaq.com

at
Labels:

"Dinar Drama Unfolds: Rumors of $6.08 vs. $4.81 – MarkZ Breaks Down the ...

at
Labels:

TRUMP ENVOY AND JOE WILSON: WE WILL MAKE IRAQ GREAT AGAIN

TRUMP ENVOY AND JOE WILSON: WE WILL MAKE IRAQ GREAT AGAIN

Washington – Mark Savaya, President Donald Trump’s envoy, wrote on the “X” platform (formerly Twitter) on Thursday that he met with US Congressman Joe Wilson and it was a “great meeting.” “It was a great meeting with U.S. Congressman Joe Wilson and his team,” Savaya said in his post, adding, “We will make Iraq great again.”

For his part, Republican US Representative Joe Wilson wrote on the “X” platform that he was pleased to host Mark Savaya, the US Special Envoy to Iraq, in his office for a meeting he described as important regarding Iraq.

Wilson, who is known for raising controversial issues and making provocative statements, particularly regarding Iraq and the Middle East, added: “I look forward to working with the Special Envoy to bring prosperity to Iraq and liberate it from Iran,” noting that “there is no one more qualified than him to work on this issue for President Trump.”

US Representative Joe Wilson posted a picture of himself with Trump’s envoy, holding the Iraqi flag, with the American flag behind them and the new Syrian flag beside it.

Shafaq.com

at
Labels:
Subscribe to: Comments (Atom)

US Moves to Control Oil & Pressure Iran – Implications for Iraq and the Dinar

US Moves to Control Oil & Pressure Iran – Implications for Iraq and the Dinar Introduction Recent US military maneuvers in the Middle Ea...