International Coalition.. Withdrawal by Government-Political Agreement, 13 SEPT

 Professor of Foreign Affairs at Al Nahrain University, Mohammed Al Shammari, commented on the decision to withdraw the international coalition forces from Iraq, describing it as a “governmental-political agreement.”

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Al-Shammari said, during his hosting in the {Free Talk} program broadcast on Al-Furat satellite channel this evening, that: “The decision to withdraw the coalition forces is Iraqi and did not come only from the Prime Minister, but rather by agreement of the political forces in the State Administration Alliance that brings together all spectrums, and as a result, it expresses the position of the state as a whole.” 

He added, “The Iraqi political decision necessitates the withdrawal of foreign forces and the move towards diplomatic relations, and distancing Iraq from regional challenges has become difficult in light of the presence of these forces.”
Al-Shammari added, “Moving from the formula of collective cooperation to a secondary one is logical, as a result, we want relations at all levels with the United States and other countries.”

He explained, “The presence of the international coalition is linked to a government request, and its exit is also subject to the contexts of the law and international agreements; however, the Iraqi forces do not need the support of the coalition forces, but rather need logistical and intelligence support.”

Al-Shammari continued, “The United States does not reject the withdrawal of its forces from Iraq, but is working to find a good formula to preserve its interests in the country, and the Iraqi side must work rationally without granting any concessions.”
Regarding the Iranian response, Al-Shammari said, “All indications confirm that Iran will not back down from its response to the Zionist entity; but it seeks to create a political balance that ensures that it is not dragged into ill-considered reactions.”
Defense Minister Thabet Al-Abbasi revealed details of the agreement to withdraw the international coalition from Iraq. He said in a press statement that the Iraqi-American committees agreed to withdraw while maintaining a security partnership. He explained that an Iraqi-American agreement to end the mission of the international coalition will be in two stages.
– The first stage of the American withdrawal will begin this year and continue until 2025, and the other stage of the American withdrawal will end in 2026 completely.
Al-Abbasi pointed to the proposal of the US Secretary of Defense {Lloyd Austin} that two years for the withdrawal is not a sufficient period. He announced the rejection of the US Secretary of Defense’s proposal to add another year to the withdrawal period.
Reuters reported that the United States and Iraq agreed on a plan to withdraw the international coalition forces from the country. It indicated that the understanding between America and Iraq will witness the departure of hundreds of soldiers by September 2025, and the departure of all forces in 2026.

Wafaa Al-Fatlawi

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MILITIAMAN CC NOTES HIGHLIGHTS, 12 SEPT

 Summary

Iraq’s Ministerial Council of Economy is advancing economic unity between the federal government and Kurdistan, focusing on financial reforms and salary equivalency.

Highlights

• 🤝 Collaborative Meetings: Recent meetings between the federal government and Kurdistan aim for economic unity.
• 💰 Salary Equivalency: Discussions include ensuring salary parity for regional employees.
• 🔍 Budget Reforms: Emphasis on addressing financial issues like oil, energy, and border revenues.
• 📈  Private Sector Growth: Plans to enhance the private sector’s role in the economy.
• 🌍 Global Attention: Iraq’s economic strategies are gaining international interest.
• 📊 Unified Treasury Accounts: Establishing a unified treasury for better financial management.
• ⚖️ Constitutional Rights: Ensuring all citizens benefit from new economic policies aligned with constitutional rights.

Key Insights

• 🌐 Economic Integration: The meetings signify a critical step towards integrating Kurdistan’s economy with the federal framework, promoting a cohesive financial strategy.
• 💼 Private Sector Engagement: By focusing on private sector involvement, Iraq aims to diversify its economy and reduce dependency on oil revenues, fostering sustainable growth.
• 🔗 Unified Financial Framework: The establishment of a unified treasury account reflects a commitment to transparent financial management and accountability, which is vital for investor confidence.
• 📈 Revenue Streams: The focus on oil, energy, and border revenues indicates a strategic approach to harnessing Iraq’s natural resources for economic stability.
• 🤔 Constitutional Compliance: The emphasis on constitutional rights in financial discussions demonstrates a commitment to equitable governance and fair resource distribution.
• 🏛️ Political Dynamics: The support for Prime Minister Al Sudani highlights the political backing necessary to implement these reforms, ensuring stability during transitions.
• 🚀 Future Prospects: The positive atmosphere in these meetings suggests potential for significant economic progress in Iraq, attracting global attention and investment opportunities.

IRAQ & KURDISTAN : ECONOMIC UNITY IN ACTION !! #DINAREVALUATION #iraqidinar

When Will The Government Resort To Amending The Budget Law? An Economic Expert Explains, 12 SEPT

 Economic: Al Furat News} The economic expert, Abdul Rahman Al Mashhadani, clarified the date of the government’s resort to amending the financial budget.

Al-Mashhadani told {Euphrates News} that: "Despite the decline in oil prices, Iraq does not face a problem in the 2024 budget, as 8 months of the fiscal year have passed, and the situation is normal with oil prices rising above $70 per barrel."

He added, "Also, the report issued by the Ministry of Finance for the first 6 months had total spending of 58 trillion dinars, while it was supposed to be 105 trillion dinars for the first half of the year."

Al-Mashhadani added, "The largest part of the spending was for operational expenses, which amounted to 53 trillion dinars, and 5 trillion for investment expenses, and the remaining 4 months of the year can pass easily and without problems, and salaries and wages are secured considering that oil revenues cover the need."

"In addition to the government's continued existence of financing means that it has not yet used, such as deficit financing means, which were planned to be 64 trillion dinars deficit, with the Central Bank contributing 22 trillion dinars of it, government banks covering 3 trillion and treasury bonds,

 in addition to the existence of 14 trillion dinars in revolving surpluses, in addition to the existence of a legal authorization for the government to borrow domestically to secure its general budget, and this reassurance is present in 2024," Al-

Mashhadani pointed out. "If prices continue to decline and fall to higher levels of up to $55 per barrel or $60 in 2025, this will push the government to submit different data that will seek to reduce investment expenditures as happened in previous crises and stop the investment aspect, which is now considered to reach 45 trillion dinars."

He continued, "In addition to reducing non-essential operating expenses such as commodity and service requirements, which are spent at 17 trillion dinars annually and were not spent in the first half of the year, the government will also focus on securing governing expenses such as salaries, wages, pensioners' salaries, and the social protection network, which amounts to 90 trillion."

Al-Mashhadani continued, "In addition, purchasing food basket items, gas, and medicines for 10 trillion dinars, in addition to the interest and installments of the public debt, which consists of two parts, the simple part of which is the external debt, which has decreased to 9 trillion, and thus the interest and installments that will be due from government agencies such as the Central Bank and government banks, and its payment can be postponed."

He explained that "the governing expenses of wages and oil production costs and all these expenses will be around 145 trillion dinars, and this is what will determine government spending," noting that "if the problem becomes more complicated, the government can resort to other methods such as imposing taxes on salaries {the nominal salary} only and not on the total because the allocations constitute two-thirds of the general salary."   LINK

INFORMATION FROM INTEL SOURCE ADDS CREDIBILITY TO THE PREDICTIONS AND REASSURANCES ABOUT THE IRAQI DINAR'S FUTURE BY MELANIE HINDS, 12 SEPT

Summary

Melanie Hin shares insights on the Iraqi Dinar, offering exchange strategies while celebrating her birthday and encouraging community growth.

Highlights

• 🎉 Happy Birthday: Melanie celebrates her birthday while delivering crucial information.
• 💡 Unique Intel: Insights from a military source in Iraq about the Dinar situation.
• 📊 Big Picture: Emphasizes the importance of understanding multiple perspectives on the Dinar.
• 🔄 Currency Changes: Discusses the transition in Iraq’s currency systems and potential rate changes.
• 📈 Economic Developments: Highlights Iraq’s international partnerships and investment growth.
• 🌍 Global Impact: Mentions Iraq’s alignment with BRICS and its implications for the dollar.
• 🙏 Faith and Strategy: Encourages a faith-based approach to financial strategies and manifesting wealth.

Key Insights

• 📅 Birthday Blessings: Melanie’s birthday serves as a reminder of hope and community support, emphasizing the importance of celebrating milestones.
• 🔍 Intel Source Credibility: Information from military personnel adds credibility to the predictions and reassurances about the Iraqi Dinar’s future.
• 🌐 Comprehensive View: Understanding various viewpoints enables better decision-making regarding investments and currency exchanges.
• ⚖️ Transitioning Systems: Iraq’s shift in currency management indicates significant economic reforms, potentially leading to a new exchange rate.
• 💼 International Investment: The influx of foreign investment, particularly from Russia, signals a positive outlook for Iraq’s economy and currency value.
• 🔗 BRICS Connection: Iraq’s involvement with BRICS nations could reshape its financial landscape and reduce reliance on the US dollar.
• 🙌 Manifestation and Faith: Melanie encourages viewers to adopt a mindset of abundance and faith, which can influence their financial outcomes.

DINARLAND HIGHLIGHTS!!

DINARLAND HIGHLIGHTS, 12 SEPT

Summary

Iraqi Dinar updates reveal banking reforms, national reconciliation efforts, and potential currency value increases for economic growth.

Highlights

• 📉 Mountain Goat warns of the end of the electronic platform by 2024, crucial for combating corruption.
• 🌟 Frank 26 expresses optimism about Iraq’s economic reforms and purchasing power improvements.
• 🤝 Militia Man reports historic reconciliation between the Iraqi government and Kurdistan, fostering stability.
• 💰 Iraq’s financial revenues exceed 77 trillion Dinars in 2024, primarily from oil.
• 📈 Pimp discusses the need to raise the official exchange rate to stabilize the parallel market.
• 🚀 Mark Z expects currency value increase between the 11th and 15th, enhancing international projects.
• 🏦 Firefly highlights efforts to stabilize the Iraqi currency for economic enhancement.

Key Insights

• 🔍 The planned end of the electronic platform highlights Iraq’s commitment to tackling corruption and money laundering, paving the way for a potential currency reinstatement.
• 🌍 Frank 26’s positivity reflects the belief that Iraqi citizens will soon experience significant purchasing power, indicating a transformative economic shift.
• 📜 The reconciliation between the Iraqi federal government and Kurdistan represents a significant step towards national unity and stability, essential for economic growth.
• 📊 The substantial revenue increase demonstrates Iraq’s reliance on oil while underscoring the need for economic diversification.
• ⚖️ Pimp’s analysis suggests that adjusting the official exchange rate could eliminate profit margins in the parallel market, stabilizing the economy.
• ⏳ Mark Z’s forecast indicates a critical period for currency valuation, aligning with Iraq’s broader economic strategies.
• 💡 Firefly’s emphasis on currency stabilization indicates proactive measures to enhance Iraq’s economic outlook and global competitiveness.