IRAQI BANK FRIEND AKI: WE ARE JUST WAITING THE NEW EXCHANGE RATE THAT WILL COME WITH 2025 BUDGET

 

FRANK26: "SUDANI & TRUMP WANT PEACE IN THE MIDDLE EAST.", 16 JAN

 KTFA

FRANK26: "SUDANI & TRUMP WANT PEACE IN THE MIDDLE EAST."....F26

Security and Economy" Top the Agenda.. Details of the Expected Visit of the Syrian Foreign Ministry Delegation to Iraq

 

1/11/2025

 

The Political sources revealed, on Saturday, the details of the expected visit of a delegation from the Syrian Foreign Ministry to the capital, Baghdad, in the coming few days, stressing that the security, political and economic files will be the focus of joint discussions between the two countries  ;.

The sources told Shafaq News, "The visit will focus on discussing the continuation of Iraqi aid to the Syrian people and mechanisms for developing it, in addition to the file of controlling the security of the common borders and how to maintain mutual trust between the two sides and ensure that ISIS gangs do not move and remain in Al-Hawl camp, in addition to not opening prisons and releasing the terrorist gangs detained in them ."

The sources added, "The two parties will also discuss efforts to preserve the unity of Syrian territory and support the building of a democratic political system that guarantees the rights of all Syrians, including the rights and safety of minorities, in addition to discussing the file of opening border crossings and organizing economic and trade exchange according to specific controls  ."

The sources indicated that "the talks will address the vision of the new administration in Damascus to ensure the security of the region and prevent the spread of internal conflicts outside the Syrian borders, especially in the Kurdish file and the file of Syrian refugees, including soldiers and officers of the Syrian army who sought refuge in Iraq after the fall of the Assad regime ."

The sources continued their talk by saying that "Iraq wants to intervene positively to support the establishment of a new political system in Syria away from wars and internal divisions," noting that "the stability of Syria constitutes a basic element in strengthening Iraqi national security and protecting the region from the danger of the return of the activity of the terrorist ISIS gangs ."

A government source had previously revealed to Shafaq News, last Tuesday, about an upcoming visit by the Minister of Foreign Affairs in the Syrian Interim Government, Asaad Al-Sheibani, to Iraq, after the scheduled return of the Iraqi Prime Minister to Iran .

Syria is witnessing active diplomatic movements after the fall of Bashar al-Assad's regime, with the influx of Arab and foreign delegations to Damascus, and the contacts that its officials are making with the Arab world .

LINK

DINAR GURUS UPDATE, 16 JAN

 DINAR GURUS UPDATE

Highlights

• 📈 Optimism from Experts: Militia Man expresses unprecedented positivity about Iraq’s economic prospects, citing direct evidence from a central bank economist.
• 🏛️ Parliament’s Role: Jeff highlights the necessity of changing the currency rate before Parliament can approve the budget, likening the current situation to having a single tire on a car.
• 🌐 International Concern: Mark Z notes the emergence of IQD pairings with cryptocurrencies, suggesting growing international interest in Iraq’s economy.
• 🚢 Major Development Projects: Sandy Ingram outlines six significant projects aimed at boosting Iraq’s GDP, including infrastructure and energy development.
• 🇬🇧 International Partnerships: Reports of a meeting between Iraq’s Prime Minister and the British King signal potential for productive economic partnerships.
• 💻 Digitization Initiatives: Walking Stick emphasizes the rapid pace of monetary reform and the move towards digitization of the Iraqi currency.
• 🌍 Iraq’s Global Standing: The video notes Iraq’s election as chair of the G77, enhancing its influence among developing nations in economic discussions.

Key Insights

• 📊 Investment Confidence: Militia Man’s assertion of unprecedented evidence of economic improvement indicates a growing confidence among investors and stakeholders. This sentiment can lead to increased investment flows into Iraq, fostering economic growth. However, the reliance on external validation from central bank economists suggests that consistent communication and transparency will be vital to maintaining this confidence.

• ⚖️ Budget Approval Dynamics: Jeff’s analogy about the single tire highlights the interdependence of currency reform and budget approvals. The necessity for a currency rate change before budget discussions can proceed indicates systemic issues within Iraq’s economic framework. This also emphasizes the importance of legislative efficiency and the need for synchronized efforts between the government and central bank to facilitate economic recovery.

• 🚀 Emerging Market Trends: Mark Z’s observations regarding the pairing of IQD with cryptocurrencies reflect a significant shift in market dynamics. As cryptocurrencies gain traction globally, the inclusion of Iraqi currency in digital platforms may enhance its visibility and acceptance. This trend could attract tech-savvy investors and promote a more diversified economic landscape.

• 🏗️ Infrastructure Development as a Catalyst: Sandy Ingram’s enumeration of six major projects underscores the strategic approach Iraq is taking to stimulate its economy. These projects not only aim to improve infrastructure but also to create jobs and enhance the standard of living for Iraqi citizens. In particular, the railway and highway network could facilitate trade and commerce, potentially positioning Iraq as a logistics hub in the Middle East.

• 🤝 Strengthened International Relations: The meeting between Iraq’s Prime Minister and the British King highlights the importance of bilateral cooperation. Such partnerships can lead to increased foreign investment, technology transfer, and knowledge sharing, which are crucial for Iraq’s long-term growth. Leveraging international relationships will be essential for Iraq as it navigates its path toward economic stability.

• 🌐 Push for Digital Currency: Walking Stick’s comment on the digitization of the currency signifies a forward-thinking approach to monetary reform. Transitioning to digital currency can enhance transaction efficiency, reduce corruption, and improve financial inclusion. As Iraq moves past traditional cash systems, it can adopt best practices from other nations that have successfully implemented digital currencies.

• 📈 Global Economic Influence: Iraq’s election as chair of the G77 reflects its growing diplomatic stature and potential to influence international economic discussions. This role could enable Iraq to advocate for the interests of developing nations and leverage collective bargaining power in global forums. The recognition from the international community may also bolster Iraq’s efforts in achieving economic reform and attracting foreign aid.

MNT GOAT: The next stage is full sovereignty promised to the Iraqi people!! @DINARREVALUATION

 

Government confirmation that the Iraqi economic path is moving in the right development direction, 16 JAN

 Government confirmation that the Iraqi economic path is moving in the right development direction

Mawazine News – Economy

The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh, confirmed on Wednesday that Iraq’s economic path is progressing properly towards development for the coming years, noting that economic growth in 2024 is a motivation for the expansion of economic activities in the country.


Saleh said in a statement to the official agency that “there is a principle in the economy called the economic accelerator, which means that the growth in non-oil GDP, which reached 6% in 2024, will reflect positively on the strength of national investment in 2025.”


He added that “the Iraqi economy will witness a high investment renaissance in 2025 thanks to the economic accelerator in the investment field, in addition to the high positive growth effects of national income in 2024.”


Saleh pointed out that “business companies and investors are affected by the results of the basic idea behind the economic accelerator, which indicates that any increase in demand for goods and services as a result of national income growth in 2024 can lead to increased investment in capital such as machinery, equipment and labor in 2025.”


He added that “companies and business activities need to expand their productive capacity to meet the growing demand for goods and services, which will lead to a positive accumulation in the productive capacities of the national economy in 2025,” he stressed that this can be positively expected, especially if it is accompanied by a good agricultural season and a wet year in the coming months.


In conclusion, the Prime Minister’s Advisor pointed out that “Iraq’s economic path is moving in the right development direction for the coming years, thanks to the continuous cooperation between the private and public sectors.”

https://www.mawazin.net/Details.aspx?jimare=258626

TIDBIT FROM WALKINGSTICK, 16 JAN

 Walkingstick 

  The monetary reform education is extremely fast. 

 They are now all the way to the point where they are past the basket and talking to the Iraqi citizens about the future of digitization in their country...

Digitization of their currency mainly will help at the onset because you cannot introduce too much currency at the start...

Not a cashless society at the onset but given time Iraq will be.  That is the goal. 

DINAR REVALUATION UPDATE: January's Pivotal Changes for Iraq's Economy!! @DINARREVALUATION