KAPERONI: The digital transformation in Iraq is only for them! @DINARREVALUATION #iraqidinar

 

Iraq and the Appeasement Strategy: A Difficult Balance in Times of Pressure, 3 APRIL

  Iraq and the Appeasement Strategy: A Difficult Balance in Times of Pressure

Iraq has recently faced a significant escalation in US economic and financial pressure, primarily targeting dollar transactions and Iranian gas imports, along with repeated demands regarding the future of the Popular Mobilization Forces.

These pressures come as part of Washington's efforts to isolate Iraq economically from Iran, with the aim of strengthening the effectiveness of sanctions imposed on Tehran to force it to reassess its nuclear program.

However, this policy presents Iraq with complex challenges as it attempts to maintain a delicate balance in its foreign relations.

Recent reports indicate that the United States has refused to renew the waivers that allowed Iraq to import gas and electricity from Iran. This was confirmed by Iraqi Foreign Minister Fuad Hussein on March 19, 2025, who noted that Washington described the decision as "irreversible."

This decision threatens to exacerbate the energy crisis in Iraq, which relies heavily on Iranian gas to power its power plants. Imported gas accounts for approximately 40% of the country's total energy needs, according to estimates from the Iraqi Parliament's Oil and Gas Committee.

On the financial front, the United States is seeking to restrict dollar transactions in Iraq to prevent its smuggling to Iran, which is suffering from massive economic pressures due to sanctions. According to a report, Washington believes that cutting off these financial arteries will directly weaken Tehran, thus strengthening the impact of the sanctions.

But this approach places the Iraqi government in a difficult position, as Iraq holds financial reserves exceeding $100 billion in the United States, making it dependent on Washington's goodwill to access its oil revenues.

Separately, statements by the Iranian ambassador to Baghdad, Mohammed Kazem Al-Sadiq, on March 27, 2025, sparked widespread controversy when he said that US President Donald Trump's letter to Iranian Supreme Leader Ali Khamenei included a request to dissolve the Popular Mobilization Forces and other armed factions.

However, Iraqi Prime Minister Mohammed Shia al-Sudani quickly denied any direct US request in this regard, stressing that any decision to dissolve the factions is linked to the end of the international coalition's presence in Iraq.

For his part, MP Alaa Al-Haidari defended the Popular Mobilization Forces Law, considering it an internal matter aimed at honoring those who sacrificed for the nation.

The Iraqi government is adopting a strategy of appeasement in its foreign policy, attempting to maintain a balance between the United States and Iran, two of its historical allies. However, this approach faces increasing challenges, especially with mounting US pressure to end economic and military coordination with Tehran. Analysts believe that Washington also aims to "undermine the unity of the arenas," the strategy Iran uses to connect its fronts in Iraq, Syria, Lebanon, and Yemen.

Economically, Iraq is paying the price for its heavy reliance on Iran for energy. Iraqi lawmakers have called for exploring alternatives, such as Qatar and Turkey, for gas imports. However, this step requires huge investments and a long time frame, both of which may be unavailable given the current crisis. Conversely, experts believe that economic decoupling between Baghdad and Tehran could increase pressure on Iran, but it could also cause internal unrest in Iraq, especially if the electricity crisis worsens.  link

JON DOWLING UPDATE, 3 APRIL

 Jon Dowling

 The trade tariffs are mere negotiation tools and as you can see, many countries will capitulate. 

The currency reset will actually allow Gesara to be funded so that other countries outside the US can widely prosper, alongside massive Gold reserves that many countries inherently possess. 

Did anyone notice that President Trump also stopped checks going into or coming out of the “IRS”? Will DOGE facilitate Nesara implementation? Sure looks that way. 👀

SANDY INGRAM: CBI WILL HAVE A DIGITAL IRAQI DINAR MORE ABOUT THIS #IQD #iraqidinarinvestor #iraq

 

Iraqi foreign reserves rise to a historic level, 3 APRIL

Iraqi foreign reserves rise to a historic level

The Financial Advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed on Wednesday that the foreign reserve is at its historical highest levels in achieving balance and economic stability for the country, while pointing out that the reserves still cover more than 100% of the issued currency in circulation.

Saleh said in a press statement: “The decline in the Central Bank’s slight reserves, which is estimated at 1% of the country’s total foreign reserves, is related to two things: First, the high level of reinforcements of the Iraqi banking system in foreign exchange with their correspondents abroad for the purposes of trade financing and external transfer,

 which led to a significant decline in the dollar exchange rate in the parallel market against the dinar and the rise in the value of the dinar in that parallel market.”

He explained that “control over local liquidity levels has become high and at large and influential levels in the face of the increasing external value of the dinar, which still indicates the decline in the effectiveness of the parallel or secondary market in the country, as well as a very clear decline in growth rates in the general level of prices and very high price stability that the country has not witnessed before from high stability.”

He added that “the other matter depends on the degree of growth of the amounts in which public finances exchanged monthly oil revenues in foreign currency in dinars for the benefit of total spending (which is the basis of foreign reserve) and converting them into Iraqi dinars,” pointing out that “this is also related to the degree of discipline and control of public expenditures on the one hand, and thus slowing down the liquidation of the government foreign currency proceeds to domestic liquidity that can be spent on the other hand through the general budget.”

He pointed out that “taking into account the cautions of the volatility of the average prices of exported oil of $70 or less per barrel in the energy markets, which has occurred in recent months, which means that the consensus between the level of nutrition of the foreign balances reserve (by collecting them by cash issuance), which may have become at a less rapid pace and growth by public finances, and between external transfers in foreign exchange in the interest of financing private sector trade by the monetary authority, which is still at a relatively high frequency, which caused this shortcoming or slight decline in foreign reserves.”

Saleh added that “the foreign reserve is still at its highest historical levels in achieving economic balance and stability of the country, and that the function of foreign reserves remains to defend price stability, but it is also wise for the Central Bank of Iraq to monitor the current account movement of the balance of payments accurately to maintain the stability of foreign reserves and monitor their growth safely.”

He stressed that “these foreign reserves still cover more than 100% of the issued currency in circulation, and enjoy high trade efficiency of more than 15 months of import, in accordance with the three-month global standard,” adding that “the monetary authority is the only entity that manages the country’s monetary policy at the internal and external levels, and with a high consensus in terms of balance and transparency to achieve and maintain economic stability.”

https://alforatnews.iq/news/الاحتياطي-الأجنبي-العراقي-يرتفع-الى-مستوى-تاريخي

EXCERPTS FROM MARKZ, 3 APRIL

 EXCERPTS FROM MARKZ

Member: I also wanted to mention that I talked with a patient yesterday that’s from Venezuela. He told me that the Bolivar has gone digital and they have dropped the zeroes and renominated.

Member: I wonder what happened to the bondholders that were given money to travel???

MZ: I have one that was given money to travel…..he traveled and now he is not talking. I know a couple more that were asked for their banking info so they could be sent travel money. They are still waiting for that money to be sent to them. They were told to be prepared to go at any moment. Once they receive their money they will have 2 days to get to their appointments. 

 MZ: I do have a bond contact say there are scheduled bond meetings with bond holders (Not bond facilitators) this evening. The first meeting is in Europe. I have not heard a peep from bond holders in Reno. It seems like all the bond movement is overseas right now…not domestic. There has been movement in Asian and European markets. 

MZ: Reno is the biggest information leak on the planet. I expect to see no movement out of Reno. If I were handling exchanges there…they would be the last people to go ….imo. 

MR POOL: Mass notifications inbound!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar