Friday, March 7, 2025

FRANK26: "IMF BRAGS ABOUT CBI & IRAQ'S ECONOMY", 7 MARCH

 KTFA

FRANK26: "IMF BRAGS ABOUT CBI & IRAQ'S ECONOMY".......F26

Financial and Economic Measures.. Iraqi Finance Ministry Announces Results of its Meeting with the International Monetary Fund

Financial and Economic Measures.. Iraqi Finance Ministry Announces Results of its Meeting with the International Monetary Fund

3/2/2025

 

The Iraqi Ministry of Finance announced, on Sunday, the results of its meetings with the International Monetary Fund, indicating an agreement to intensify efforts to expand cooperation with foreign correspondent banks, while the IMF stressed the importance of developing the banking sector.

The ministry stated in a statement received by Shafaq News Agency, "The Iraqi delegation concluded its meetings with the International Monetary Fund in Amman during the period from February 24 to 26, 2025, with the participation of the Minister of Finance, Taif Sami Muhammad, and the Governor of the Central Bank of Iraq. Iraq's economic performance and prospects for sustainable growth were discussed, amid appreciation for the progress made."

He explained that "the discussions, in which experts from the Ministries of Finance, Planning, Oil, Electricity and the Central Bank participated, focused on macroeconomic indicators, where a remarkable growth in non-oil GDP was recorded at 5% for 2024, driven by the expansion of the agricultural sector and increased public spending, with growth expected to continue at 3.5% in 2025. The mission confirmed that these figures reflect an improvement in economic diversification and a reduction in dependence on oil, which enhances the stability of the national economy, in addition to reviewing actual expenditures and expected revenues for 2024 and expectations for 2025 and how to finance the deficit. "

The statement added, "The meeting also discussed updating the public debt strategy with mechanisms that ensure public financial sustainability and enhance investor confidence in government bonds. The IMF also stressed the importance of developing the banking sector to support investments and attract foreign capital, which contributes to creating a more stable financial environment."

The International Monetary Fund confirmed, according to the statement, "its support for Iraq in developing financial policies by providing advisors and experts to help the Ministry of Finance manage public debt and improve the tax system in line with the requirements of economic growth."

The statement continued, "Within the framework of enhancing financial stability, it was agreed to intensify efforts to expand cooperation with foreign correspondent banks, which facilitates foreign trade financing operations,in addition to enhancing the use of the Iraqi dinar in major transactions, which enhances the strength of the national currency."
(FLOAT!!!- F26)

The statement concluded by saying, "The meetings emphasized the continued progress in financial and economic reforms, which reflects the Iraqi government's commitment to achieving financial sustainability that supports development and stimulates investment, in light of an ongoing strategic partnership with the International Monetary Fund."

On February 26, Iraqi Finance Minister Taif Sami discussed with the International Monetary Fund financial and banking reforms to support the Iraqi economy, during periodic meetings held in the Jordanian capital, Amman.


LINK

 

Bruce’s Big Call Dinar Intel Tuesday Night 3-4-25, 7 MARCH

 Bruce’s Big Call Dinar Intel Tuesday Night 3-4-25

Bruce’s Big Call Dinar Intel Tuesday Night 3-4-25 

Transcribed By WiserNow

Welcome everybody the big hall tonight. It's Tuesday. Let's see March the fourth. I had to thank dinner Tuesday, March, 4, and you're listening to the big listening an hour early, if you're live on the big call, because as the email went out, hopefully everybody received it for doing the call an hour earlier. So everybody gets a President Trump addressed both houses of Congress tonight at nine o'clock Eastern, I'm going to be watching on Newsmax, but I'm sure it'll be on a lot of different channels. 

All right, we're moving right along in the big call tonight. Let's I want to clarify something that a listener wrote in to Bob on, and he told me about it today, and that is the proper designation of NESARA and  GESARA, I did not have it right.

It should be for NESARA -  National Economic Security and Reformation Act, national economic security, which makes a lot of sense, economic security and reformation act that's NESARA 

GESARA is Global Economic Security And Reformation Act, okay, so thank you for the clarification on that. Since I haven't seen that ever in writing, it was good to see it and clarify what it is I have been saying incorrectly. Now  So I appreciate that very much. 

There are some people out there that are thinking that they or somebody else, might get the 800 numbers earlier than others, and from what I'm hearing from our sources, that is not the case. Nobody is going to get it and put it out any earlier than anybody else. 

Now, there was a time I was informed that I was going to get the number a little bit early, and that appears not to be the case anymore. It appears everybody's going to get the number when the emails come out, and that's when it'll get out. 

So there's no advantage if you're listening to someone else or you're listening to the big call, you know, you should have it in your email at approximately the same time. 

Now it could come out where East Coast people get it earlier, because they have a time advantage of getting it at the time, and then maybe Central Time is an hour later, because it's leaving time as it is, but it's in a different time zone. Same thing with Mountain Time, same thing with Pacific Time, and then Alaska, Hawaii, or two other time zones. 

So that's going to be that's going to be interesting to see exactly how that does come out. I was told my theory of everybody getting it at the same time in their time zone was a correct theory. So let's see how that plays out. But nobody has any advantage over anyone else to put it out any sooner  - that’s not  really the case. 

We're going to go with this it comes to the timing. We had heard that the bond holders have received, but we haven't confirmed it yet that they have received their emails. They have received their emails.

They have received. Their emails that show they have received in other words, their accounts have been funded. Let me clarify that their accounts have been funded. Now  when will they get access. That is a big question. We think they're going to receive that email that gives them access or tells them when they get access to their accounts at the same time, we get emails giving us a toll free number to set our appointments – 

See they've already, you know, used their bonds, tier three bond holders, those guys have already ponied up their bonds. They've already been checked out on that and their, for instance, for those bond transactions, have already been placed in their account. 

But they don't  ……. They  know approximately how much they're going to get, but they don't have access to the money yet. Well, they're supposed to get access to the money at about the same time that we get access to our appointments, either get notified to set up our appointments, or actually get in to begin our exchanges at the redemption center. 

And remember, the rates at the redemption centers will be higher than those at the banks. The only exception that I've heard of on that has been the Vietnamese Dong, the Dong rate at the redemption center yesterday was it was the same as it was in the banks. That's the exception for the rule the dinar is going to be much higher at the redemption center, because they're going to offer us a contract rate on the dinar. I told you guys roughly where that range was okay

Zim is on par with  the USN dollar and  -- what else?  there are other currencies and they should all be between four and seven. Between four and seven currencies that are going up in value are all going to be in that range of four to seven, and that's really exciting, too. 

Let's see what else. Okay, let's talk about the timing for us to get notified, and then we'll bring in some of the other things that are that are also happening  that Jeanie has in her post today, 

We should --  Okay, here's the timing on this --  tonight, Trump is making his speech in front of both chambers of commerce. Set to go off at about nine o'clock. I've been told he will actually start speaking at about 9:05 tonight, Eastern Time, 9:05  -- so take a few minutes for him to go through the crowd, shake a few hands,  the applause to settle, all of that -  he should be getting started about five minutes after nine, so we're in good shape.

Then --  And I want everybody to watch this thing and see what all he has to say. I've heard he's going to talk about going to be very exciting. He might, hopefully he'll throw a couple surprises in there. He's not supposed to talk about our asset backed currency, or our gold backed currency, yet, not for a few days. 

They don't going to happen until the weekend, when the markets are closed due to market volatility. Don't look for that part of NESARA, which it is -  part of NESARA  and GESARA really, to occur tonight.

 I think it's going to talk quite a lot of but what I want to talk to you about is the timing. 

What we've heard is during the President's speech, those emails for the bond holders would go out tonight, so they would be able to receive them overnight or in the morning tomorrow, as to when they will get access to their funds, they're supposed to go out during his speech. Now, notifications for us in tier four, A and B are supposed to come out, starting two hours after the speech ends tonight. 

Now, do you think we'll get something over night  tonight? I seriously doubt it. I think it'll be something in the morning, I think we will receive them tomorrow if everything goes well, because we know redemption center leaders, some of whom are going in to the redemption Center at 815 in the morning tomorrow, 8:15am and I'm thinking that makes sense, because we should be getting our notifications .

Now - Does it mean we get our notifications in the morning? Not necessarily? No. It could be that we get it anytime tomorrow. There's been no time given to me. We receive our notifications, and it could be that we receive them Wednesday tomorrow, and then we set our appointments, and we even start exchanges on Thursday. That's very possible, so they'll be faked out if the emails that are coming in with the toll free number don't be faked out if they don't come in first thing in the morning, it might be a little later on purpose. 

Okay, so that's supposed to be the timing on the releases, but if you think about it, if you don't have staff in the redemption center when these come out,  if they came out overnight  how are you  going to set appointments with somebody at the redemption center, if they're not in and they're not going to be in tonight, they're not going to be in till tomorrow, so I would look for it sometime tomorrow to come out. 

All right, now, let's go into a couple other things. We were hearing that the DOGE  Department of Government Efficiency. They're calling DOGE checks. Some people that are not getting direct deposits, like they do for Social Security, etc, will get a check from the US Treasury by certified mail. 

Now we heard that they were to start to go out. The checks would start to go out today. I don't have confirmation time for that. They might not have gone out today, and they might not start until tomorrow or the next day, but those of us on Social Security will get our direct deposit into that same account, same bank account. 

Okay, that should start any day now, we're hearing we get DOGE in the first 10 days of March, and today's only the fourth. So I think it's very possible we get some of those checks tomorrow. I don't know if President Trump's going to talk about those monies going out, but I did hear from some pretty reliable people that that is supposed to happen, not for 12 months but for 13 months straight, which is an extra bonus month, which is great. So those will be interesting to see that those come in to our bank accounts. 

Let's see beyond that increase in Social Security is supposed to occur this month, and whether it'll occur on your same Social Security Day, which starts tomorrow for some people, some people are the 5th 12th 19th, 26th  -  those are your four Wednesdays in March, 5th , 12th , the 19th and the 26th so let's see what happens on that 

I’m thinking those will happen this month as an increase, and the increase is going to be pretty substantial for most of us.  The other thing is R and R, the restitution reconciliation allowance, R and R for those exchanging will be at the redemption center. We'll get it there when we exchange, and we'll tell them, they'll have social security number – they will look it up – the last four digits of your solar they'll be able to look it up and see it, and then they'll be able to tell us what that is  and the amount it is, and it should go into the quantum account  

It should occur if I understand the timing is right – it should occur  after the currency has been exchanged, after we've done the exchange of our currencies and the redemption of our Zim notes. 

Okay, then don't forget to write down on your pad to ask about R and R, okay, ask about that. Get the amount. It won't be broken down for you. You're going to get a lump sum total at the redemption center. Ask what that is, and then you'll be all set. 

Okay, so we've got the RV happening. We think the notifications starting tomorrow. Okay, we've got the dose checks coming out, direct deposit for a lot of us and checks for other people. And we've got the increase in Social Security this month, and we've got, but have I forgotten anything? Increase in social DOGE -  R and R and of course the RV, those four this month of March  the 4t and  should be an excellent month. Should be a terrific month. 

All right, so let's see. I think that's everything I wanted to say, The other thing is, I'd like to pray the call out. So let's do that now, Thank you guys for coming in an hour early now, everybody. Tune in and enjoy speech tonight. God Bless.

MNT GOAT: .we are not likely to see any reinstatement of the dinar until Iran is broken #iqd

 


FRANK26: "THE MONETARY REFORM IS SUCCEEDING TO PROTECT THE USD & THE IQD", 7 MARCH

 KTFA

FRANK26: "THE MONETARY REFORM IS SUCCEEDING TO PROTECT THE USD & THE IQD"....F26

 

Dollar prices decline "gradually" in Baghdad and Erbil

Dollar prices decline

3/2/2025

 

The markets of the Iraqi capital, Baghdad, and Erbil, the capital of the Kurdistan Region, are witnessing a gradual decline in the exchange rates of the US dollar today, Sunday.

Shafaq News Agency correspondent reported that the dollar prices decreased in Al-Kifah and Al-Harithiya stock exchanges in Baghdad, where the exchange rate at one o'clock in the afternoon recorded 147,100 dinars for every 100 dollars, after it was 147,800 dinars this morning.

In the local markets in the capital, exchange rates declined at exchange offices, with the selling price reaching 148,000 dinars for every 100 dollars, while the buying price reached 146,000 dinars.

In Erbil, the dollar recorded a similar decline, with the selling price reaching 146,400 dinars per 100 dollars, while the buying price reached 146,300 dinars.


LINK

IRAQ UPDATE Highlights: Dinar IQD Rate Dropping, 7 MARCH

 IRAQ UPDATE Highlights: 

  • 📉 The dollar’s fresh low benefits the Iraqi dinar, which closed at 148,600 IQD per 100 USD.
  • 💻 The Central Bank of Iraq is transitioning to a digital currency to address liquidity issues.
  • 🏦 The move to digital currency aims to reshape Iraq’s financial landscape and improve cash management.
  • 🤝 Iraq’s collaboration with foreign banks is intended to strengthen the national economy and facilitate trade.
  • 📊 The Central Bank’s new secure transfer system has received international praise, with no new sanctions reported.
  • ⚠️ Skepticism about the timeline for the Iraqi dinar’s value increase amid economic challenges persists.
  • 💰 The host shares insights on accessing financial opportunities for business owners and generating passive income.

Key Insights

  • 📉 Impact of Dollar’s Decline on Iraqi Dinar: The decline of the US dollar presents a favorable exchange rate for the Iraqi dinar, potentially improving foreign trade conditions for Iraq. The closing rate of 148,600 IQD per 100 USD reflects a positive trend for currency exchange that could stimulate economic activity.

  • 💻 Digital Currency Initiative: The Central Bank of Iraq’s plan to issue a digital currency is a strategic response to ongoing liquidity challenges faced by the government. This initiative is not only aimed at modernizing the financial system but also at enhancing efficiency in currency management, especially in light of the historical reliance on paper currency.

  • 🏦 Collaboration with Foreign Banks: Strengthening partnerships with international correspondent banks is crucial for promoting the Iraqi dinar in major transactions. This cooperation is expected to facilitate foreign trade financing and contribute to overall economic stability, which is essential for Iraq’s development.

  • 📊 Transition to a New Financial System: The Central Bank’s shift from traditional cash management to a digital platform is a significant step towards modernizing Iraq’s financial infrastructure. This transition is designed to enhance transparency and security in financial transactions, which are vital for attracting foreign investments.

  • ⚠️ Skepticism Around Economic Promises: While the governor of the Central Bank speaks optimistically about financial transformation, there is a prevailing skepticism within the community about the timeline and tangible outcomes of these initiatives. Historical patterns of delayed reforms and unfulfilled promises raise concerns about the feasibility of achieving the intended economic benefits.

  • 💰 Opportunities for Business Owners: The host actively promotes financial opportunities available for business owners, particularly in light of recent government programs. By leveraging these opportunities, entrepreneurs can access substantial financial support, which can significantly impact their businesses and the broader economy.

  • 🌐 Passive Income Strategies: The host shares personal success stories related to generating passive income, illustrating practical strategies that others might consider. By demonstrating real results, the video encourages viewers to explore similar opportunities, fostering a proactive approach to financial growth.


AJ : Iraq's parallel market 🔥 Important Update!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 


Government Advisor: Iraq Development Fund Targeted 6 Key Sectors, 7 MARCH

 Government Advisor: Iraq Development Fund Targeted 6 Key Sectors

Mohammed Al-Najjar  Construction and reconstruction   Economy News – Baghdad  On Wednesday, the Prime Minister's Advisor for Investment Affairs, Mohammed Al-Najjar, explained the strategy adopted by the Iraq Development Fund to ensure the implementation of projects efficiently and transparently, while pointing to the role of international auditing companies in this context.

Al-Najjar said in a statement reported by the official news agency, and reviewed by "Economy News", that "the Iraq Development Fund targeted 6 main sectors in its investments, and these sectors were chosen because they represent Iraq's crises, as we invest in housing, education, digital transformation, smart industry, smart agriculture, and the environment, and each unit of them is a major crisis, and the fund turns this crisis into commercial and economic opportunities that investors benefit from to help us find sustainable solutions to it."

He added, "Every project launched by the Fund looks at a set of criteria. The first criterion is the amount of employment created by these projects, and there are two types of employment: employment during implementation and employment after operation."

As for industry, we expect 30 to 40 percent of the materials that will be used to be locally made,” he continued, explaining that “now we can provide part of the iron and a large percentage of the cement locally, while most of the remaining materials are imported. 

We hope that by launching these major projects, they will be transformed and there will be a great need to establish these factories, and we, as a fund, are now supporting the establishment of a ceramic factory, a brick factory, factories that support our industry, and factories for school trips, among others.”

He pointed out that "the fund is audited in three aspects, including the presence of a body that submits separate reports from the executive management to the board of directors, and this process is managed by an international company, and there is another company that audits the fund's operations, which is like accounting, and this is also another company different from the first, and thirdly, there is the Financial Control Bureau that conducts the local audit of what we do."

He pointed out that "the fund works within global standards and governance, the aim of which is to find or create a fund capable of being a repository for foreign investments when they enter Iraq,"

 noting that "Iraq's previous and current laws do not qualify it to bring direct investments into state departments and so on because they are not compatible with the world, and in the fund, its establishment and governance, we made them compatible with the laws of the world."  https://economy-news.net/content.php?id=53163

🇮🇶 Iraq at the Center of Transition: Article 140, the HCL, and Their Impact on National Stability 💰🛢️⚖️

CHANNEL8:   On outstanding issues with the federal government—including Article 140, public salaries, the state budget, and farmers' dem...