Taif Sami confirms to the World Bank the government’s commitment to implementing financial and economic reforms, 7 FEB

  Taif Sami confirms to the World Bank the government’s commitment to implementing financial and economic reforms

Minister of Finance Taif Sami Mohammed received today, Thursday, the World Bank Representative in Iraq, Emmanuel Salinas, and his accompanying delegation, to discuss ways to enhance cooperation between the two sides in supporting development projects and implementing economic reforms.

Sami stressed, according to the ministry’s statement, a copy of which was received by {Al Furat News}: “The importance of partnership with the World Bank in financing programs aimed at achieving sustainable development,and the Iraqi government’s commitment to implementing financial and economic reforms to ensure the stability of the national economy.”

She pointed out that "these reforms aim to enhance sustainable growth, improve the management of financial resources, combat corruption, and enhance transparency in government institutions."

For his part, the World Bank representative praised the Iraqi government's efforts to improve the economic environment and enhance transparency and efficiency, stressing "the bank's readiness to provide more technical and financial support in line with Iraq's development priorities."

The two parties agreed - according to the statement - to continue coordination and joint work to achieve strategic goals and enhance economic stability in the country. link

Coffee with MarkZ and Mr. Cottrell 02/07/2025, 7 FEB

 Coffee with MarkZ and Mr. Cottrell  02/07/2025

Feb 7

Coffee with MarkZ and Mr. Cottrell  02/07/2025

MarkZ  Update- 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 Mark, Mods and all ….TGIF

Member: Happy Friday. Hope everyone has a great weekend!. 

Member: Good morning, based off of what you said last night from the phone call you received yesterday. Have you been able to confirm that we have started?

MZ: From the bond side…the best news came a few days ago when a contact went out west ……leads me to believe things are well underway. The majority of my historic bond contacts are still looking for the 10th through the 12th . 

MZ: I have a large contact that will be in Europe on Sunday the 9th and is expecting all their dollars. Not sure how that will work on a Sunday …but if we have a new system it should be no problem.

MZ: From Iraq: “Complex network and routes doe smuggling dollars from Iraq to Iran- US report reveals details”   This lays out the perfect reasons to have an RV and fix it. All they need to do to fix this is revalue the Iraqi currency….the dinar.  This was a great read.

MZ: “Sudani: We will continue to distribute salaries in the Kurdistan region smoothly in the rest of the months”  They have worked through the issues. 

Member: "The head of the Finance Committee, Atwan Al-Atwani, received a delegation from the US Embassy headed by Julie Jones”

Member: Mark, did you see Iraq is selling bonds starting on the 10th in Dinars not dollars? Not at 1310 I don’t believe.

MZ: More meetings this weekend with Sudani outside of Parliament to work on budget tables. The last few meetings were extremely fruitful. We hope there is a huge breakthrough on that front. 

Member: Rumor from Judy:  Mon. 10 Feb. 2025 should be a go for Tier4b. The Chinese Elders, who were backing the GCR w their gold, had bought all the Cabal’s Central Banks across the World. Those Banks were merging with the QFS

Member: MarkZ so you think we might reach the finish line by March 1st?

Member: I hope The Trump team ends taxes before April 15th

Member: If all the taxes going away verses consumption tax ….I beleive this will work. Consider all the various taxes compared to a focus consumption and the vast difference in volume of transaction.

Member: some people are saying Trump is holding up the RV… is there any truth to this?

Member: If he is…maybe its waiting on the new gold backed currencies and QFS?

Member: crickets go quiet when storms about to hit

Member: Maybe Elon has to Clean the bad assets that are audited, then you reconcile the assets and transfer to the New Republic for the citizens to receive. Yes?? :)

Member: I wonder - Has Vietnam done the same cleanup Iraq has done in their financial system for an RV?

Member: No more fingernails left to chew.... hope this goes soon!

Member: Thanks Mark…We know you don’t control the news or lack of news….and want the RV as much as all of we do…..Thanks for helping us with encouragement.

Member: Everyone have a great day. 

Member: Hoping  right now they are ushering in a Golden Weekend for All!

Mr. Cottrell joins the stream today . Please listen to the replay for his information and opinions.

Militia Man :, if they're going to be allowing oil to move, change is coming!! @DINARREVALUATION

 

Al-Sudani's advisor rebukes citizens for storing money at home and calls for investing it, 7 FEB

 Al-Sudani's advisor rebukes citizens for storing money at home and calls for investing it

 "Support the national economy

Mohammed Sahib Al-Daraji, the technical advisor to the Prime Minister, confirmed today, Thursday, that the volume of investments in Iraq amounts to about 60 billion dollars, while he pointed out that there is a large cash mass among citizens outside the banking system, which makes it economically useless if it remains stored in homes, calling for it to be converted into investment projects that contribute to transforming it into assets that support the national economy.

Al-Daraji said in a statement to the official agency, followed by the 964 network , that “Iraq’s gross domestic product exceeded $260 billion, which makes the ratio of external debt compared to the domestic product at a very low level, which opens the door to a new phase of external financing, but with studied conditions,” noting that “Iraq’s external public debt witnessed a significant decrease, as it fell from $20.9 billion to $9.8 billion.”

He stressed, “The importance of funding being directed towards productive projects capable of paying off their debts on their own, rather than focusing on consumer or ill-considered projects.”

Regarding current investments, Al-Daraji pointed out that “the volume of local and foreign investments in Iraq amounts to about 60 billion dollars, most of which are in the real estate and housing sector, which is a good thing,” stressing “the necessity of strengthening the role of the Iraqi investor and supporting him to diversify investments.”

He pointed out that “there is a large cash mass held by citizens outside the banking system, which makes it economically useless if it remains stored in homes,” calling for “transferring this money to investment projects that contribute to transforming it into assets that support the national economy and enhance sustainable development.” link

Jon Dowling: It just keeps getting better and better!, 7 FEB

 Jon Dowling

 It just keeps getting better and better! With Africa’s move towards a Gold standard, Zimbabwe is being pushed front and center to make their bonds great again in Gold backing! 

Iraq is being pushed to the brink by President Trump yo RV! Between lowering the oil prices to $70, then $65, coupled with removing their big brother Iran and their corrupt influence, they’ll have no choice but to change the rate. It’s just a matter of time at this point. 

Saving the best for last: Israel and full removal of taxes across the board and a full audit of Ft. Knox. Wait until the people find out the emperor has no clothes!

FRANK26: The laws are in place to expose the new exchange rate in the 2025 budget! @DINARREVALUATION

 

Iraq prepares to implement the first historic transfer operation through the international (TIR) ​​system, 7 FEB

  Iraq prepares to implement the first historic transfer operation through the international (TIR) ​​system

 The International Road Transport Union (IRU) announced Iraq's readiness to implement the first historic transport operation via the international road transport (TIR) ​​system, in a historic step towards enhancing cross-border trade.

During a visit last week, the Union confirmed that Iraq is close to achieving a major achievement in international trade, as it will soon witness the first transport operation under the umbrella of the internationally recognized system for customs transit, noting that this step reflects Iraq's commitment to modernizing the trade sector and adopting international practices.

A specialized workshop was also organized, focusing on the importance of the United Nations international agreements, such as the TIR Convention and the Dangerous Goods Convention, highlighting the role of these agreements in simplifying trade, enhancing security and reducing accidents.

The Federation stressed the importance of cooperation between the public and private sectors to ensure smooth implementation of the two mentioned systems, which contributes to enhancing Iraq's position in regional and international trade.

In conclusion, the Federation stressed that this step represents a new beginning for Iraq in the field of transportation and international trade, with the adoption of the best international practices to enhance efficiency and economic growth.  link