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

 

FRANK26: "HYPERMARKET... SUPER MALLS... POWERFUL PURCHASING POWER COMING FOR THIS!!!" , 21 FEB

 KTFA

FRANK26: "HYPERMARKET... SUPER MALLS... POWERFUL PURCHASING POWER COMING FOR THIS!!!".....F26

Al-Sudani: Marketing centers include 60% of local products, and importing goods requires a serious stance

2/19/2025

Prime Minister Mohammed Shia Al-Sudani confirmed today, Wednesday, that the planned marketing centers will contribute to supporting the local economy by including about 60% of locally manufactured products.

 

Al-Sudani's media office stated in a statement received by {Euphrates News} that "the Prime Minister opened the (Taawon Hypermarket) marketing center in Al-Bayaa to sell food, goods and merchandise at subsidized prices in Baghdad. He also opened, via a television circuit, 5 other marketing centers, distributed in the areas of Al-Hurriya, Al-Salihiya, Al-Shaab, Palestine Street and Jamila. His Excellency also launched the executive works for 23 similar projects in Baghdad and the governorates." 

Al-Sudani toured the departments of the Cooperative (Al-Bayaa Hypermarket) and met with its employees, pointing out “the issue of social security and its inclusion of all workers in the private sector, and he viewed the wings where local products are sold,” appreciating all “the efforts that contributed to the success of this important vital economic project.”
He stressed that "the Ministry of Commerce will continue with its plan, which aims to open 150 similar centers in all governorates."
He also stressed that "the competent authorities will be directed to grant a privilege to social protection beneficiaries, by setting a specific discount rate for basic goods and food items for them in these centers." 
The Prime Minister explained that the idea of ​​this project was launched to confront the rise in food prices as a result of global circumstances and wars, which were clearly reflected in our local markets, pointing out that the government intervened at the time to control prices and ensure that basic food supplies reached citizens. 

Al-Sudani stressed that the role of the Ministry of Trade is not limited to trade exchange, but extends to encouraging national industry, by meeting the needs of the local market, explaining that “Iraq annually imports goods and products worth 70 billion dollars annually, a number that needs to be stopped and reviewed, because the Ministry of Trade is part of the effort that works to prepare the ways for the private sector to compensate for these imports that drain foreign currency.” 

The following are the most important points made by the Prime Minister:

 When it comes to food security for citizens, the state must be present.

- We controlled food prices, in cooperation with the private sector, despite the effects on the foreign exchange rate.

 We have entered into partnerships with the private sector to open outlets to display food and other goods that citizens need.

The trial operation began a few weeks ago and there was a clear turnout from citizens. The goal is to provide reduced prices compared to market prices.

- Hypermarket cooperation projects are a goal of the Ministry of Trade to reach a percentage of local and manufactured goods within Iraq of no less than 60% of the exhibits.

 We encourage these centers according to this model, and the goods and products they provide.

We call on businessmen and the private sector to invest in the current government support, which is unprecedented.

 - Supporting the private sector begins with providing sovereign guarantees for industrial projects, through the Iraq Development Fund, and the ongoing economic reforms that include the financial and tax aspects, loans, and the banking sector.

 The environment we provide for the private sector comes from the premise that there is no alternative for the Iraqi state to support this sector and make it capable in all aspects.

We directed the Industrial Coordination Council to be held on a monthly basis to include important decisions in the field of industry, and the Ministry of Commerce is present in this council. 

We call on all authorities to encourage national industry and provide an attractive business environment for the private sector.

LINK

MILITIAMAN CC HIGHLIGHTS NOTES, 21 FEB

 MILITIAMAN CC HIGHLIGHTS NOTES

Highlights

Summary

The video features an update from the Militia Man and Crew regarding recent developments in Iraq, particularly focusing on the country’s economic situation, the potential for changes in the exchange rate, and the resumption of oil exports from the Kurdistan region. 

The speaker emphasizes the importance of recent amendments to the federal budget law, which are seen as critical for stabilizing salaries and enhancing economic recovery. 

The discussion also includes insights into international relations, particularly Iraq’s engagement with neighboring countries and the role of foreign partnerships in restructuring its banking system. The video underscores a sense of cautious optimism about the upcoming economic changes and the potential for increased oil exports, which are vital for Iraq’s economic growth.

• 📅 Budget Amendment Signed: The President of Iraq has signed amendments to the budget law, which will soon be published and effective.
• 💰 Salaries Secured: Officials confirm that salaries for public employees are secured despite rumors of financial difficulties.
• 🛢️ Kurdistan Oil Exports: Legal solutions are in place to allow the resumption of oil exports from the Kurdistan region, crucial for boosting economic revenues.
• 🌐 International Engagement: Meetings at the Munich conference highlight Iraq’s strategic position in global discussions on economic and security matters.
• 🏦 Banking Reforms: The Iraqi government is working on comprehensive reforms to stabilize the national banking system and integrate it with global finance.
• 🤝 US-Iraq Relations: Ongoing discussions with US officials emphasize the importance of cooperation in resuming oil exports and addressing financial concerns.
• 🔄 Implementation Focus : The government is prioritizing the implementation of agreements and laws to ensure economic recovery and stability.

Key Insights

• 📜 Significance of Budget Law Amendments: The amendment of the budget law represents a significant step towards fiscal stability in Iraq. By allowing for a potential change in the exchange rate and securing salaries, it aims to instill confidence in the economy. This legislative action is crucial for the public sector, as it addresses fears surrounding financial insecurity and sets the groundwork for future economic policies.

• 🌍 Regional Economic Recovery: The resumption of oil exports from the Kurdistan region is expected to have a ripple effect on Iraq’s overall economic recovery. With no legal obstacles remaining, the region is poised to increase its economic revenues, particularly by exporting oil to European markets. This development is pivotal for both local and national economies, as oil exports are a primary source of income for Iraq.

• 🔍 Cautious Optimism in Economic Projections: While there is optimism surrounding the resumption of oil exports and salary payments, the speaker warns against premature expectations. The timeline for these changes is still uncertain, and technical arrangements must be finalized. The upcoming weeks are critical as stakeholders watch for actual implementation of the announced policies.

• 🤝 International Relations and Security: The Munich conference highlighted Iraq’s role in addressing regional security challenges while fostering economic partnerships. Barzani’s meetings with global leaders signal a strategic opportunity for Iraq to position itself as a crucial player in Middle Eastern affairs. These discussions could lead to enhanced cooperation on economic and defense matters, fostering a more secure environment for investment.

• 🔄 Banking Sector Reforms: The restructuring of Iraq’s banking system is essential for integrating with the global financial system. The government’s collaboration with firms like Ernst & Young indicates a serious commitment to reforming financial institutions, improving their efficiency, and enhancing investor confidence. This is particularly important for attracting foreign investment and stabilizing the economy in the long term.

• 📈 US Involvement and Economic Stability: The discussions between Iraqi officials and U.S. representatives emphasize the importance of adhering to international financial standards. Ensuring compliance is crucial for gaining the trust of foreign investors and preventing economic shocks. The government’s proactive approach in addressing banking sector challenges reflects a desire to stabilize the financial landscape and mitigate the impact of sanctions.

• ⚖️ Addressing Parallel Markets: The potential strengthening of the black market for currency due to sanctions poses risks to the Iraqi economy. The government must take urgent actions to regulate the currency exchange landscape to prevent further fluctuations in the official and parallel markets. Ensuring a stable economic environment will be vital for the overall recovery and growth of Iraq’s financial systems.

In conclusion, the video presents a nuanced view of Iraq’s current economic landscape, highlighting both the challenges and opportunities facing the nation. The emphasis on legislative amendments, international relations, and banking reforms reflects a comprehensive approach to stabilizing and revitalizing the Iraqi economy. As developments unfold, the focus on implementation and collaboration will be key to navigating the complexities of economic recovery and growth in Iraq.

MARKZ: We are expecting and hoping the Iraqi tables to have new rates!! @DINARREVALUATION ​

 

FRANK26: "GOI TALKS ABOUT THE MONETARY REFORM TO THE IRAQI CITIZENS", 21 FEB

 KTFA

FRANK26: "GOI TALKS ABOUT THE MONETARY REFORM TO THE IRAQI CITIZENS".......F26

Restructuring Iraqi banks.. A government plan to protect the financial sector

 

2/19/2025

 

 

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Wednesday, that the government and the monetary authority are working on a comprehensive reform of the national banking system, with the aim of enhancing its stability and protecting it from the repercussions of any stumbling block in integration with the global financial system.

 

Saleh explained to {Euphrates News} that “the reform efforts include restructuring private and government banks, noting that the American company Oliver Wyman is currently studying the conditions of private banks, while E&Y is evaluating government banks, to come up with a unified vision aimed at developing the banking sector  and ensuring its effective integration into the international financial system.” 
.

From.. Raghad 

LINK

TIDBIT FROM FRANK26, 21 FEB

 Frank26   

Article: "Exporting the region's oil" on the table of Nechirvan Barzani and the Turkish Foreign Ministry"  

 FLOW OF OIL FROM TURKEY = A NEW EXCHANGE RATE... OR THERE WOULD BE NO FLOW! 

...You got Turkey that says, 'Ok we're going to send the oil in.'   At 1310?   No I don't think so.

SANDY INGRAM: Investments & Profits #iqd IQD Investors