Friday, March 14, 2025

THROUGH THE ECONOMIC PAPER, THE COORDINATION FRAMEWORK CALLS FOR AN END TO AMERICAN BLACKMAIL OF THE IRAQI GOVERNMENT, 14 MARCH

THROUGH THE ECONOMIC PAPER, THE COORDINATION FRAMEWORK CALLS FOR AN END TO AMERICAN BLACKMAIL OF THE IRAQI GOVERNMENT

On Wednesday, Issam Shaker, a leader in the Coordination Framework, called for an end to Washington’s repeated blackmailing of the central government through the use of economic pressure.

Shaker told Al-Maalouma, “US policy relies on repeated blackmail of the central government through economic pressures aimed at obstructing the passage of laws or policies that directly serve the people’s interests.” He noted that “Washington’s attempt to pressure Baghdad to halt gas imports or limit its engagement with Arab and Islamic issues to serve the occupying entity’s agenda is completely unacceptable.”

He added, This situation calls for a review of agreements with the United States, and efforts to achieve economic and financial independence that reduces the US Treasury’s exploitation of the dollar issue and prevents Baghdad from compromising its national positions.”

Shaker pointed out that “America has no right to impose restrictions on Baghdad regarding the countries from which it imports gas to operate its power plants,” emphasizing that “Iraq has an independent government that determines its priorities and national interests. Therefore, American pressures that serve private agendas without regard for the grave harm they inflict on the Iraqi people cannot be accepted.” Shaker asked, “How can we replace gas imported from Iran by other countries, given that Iraq is approaching the peak summer of 2025, when demand for electricity is increasing?”

It’s worth noting that “Washington is imposing economic pressure on Baghdad to halt gas imports from Iran, despite knowing that such a decision would severely impact power plant production by the summer of 2025.”

BRUCE HIGHLIGHTS, 14 MARCH

 Thurs. 13 March 2025 Bruce

  • British Admiralty Law and US Inc. were gone in the US, while Common Law is coming in over the weekend – that is part of Nesara.
  • The USTN replacing the fiat dollar is in the banks and Redemption Centers. We can get it when we go in for exchanges.
  • Gold backed Crypto Reserve is backing up our new US Note.
  • Under Nesara income tax goes away and will be replaced by a 15% consumption tax.
  • DOGE checks went out on Sun. night and Mon. morning. Some have received checks for $7,000 to $8,000. It is not known if they were DOGE checks or retirement checks. SS increases have not yet happened, but should by the end of the month.
  • R&R will be in your account during your exchange.
  • Redemption Centers have higher rates on the Dinar and is the only place you can redeem Zim. There are benefits you get at the Redemption Center that you can’t get at a bank.
  • You get a Quantum Account at a Redemption Center.
  • To activate your Quantum Account you need to have a new email, new code, new user name, biometric fingerprint or thumbprint, new password, 5 digit pin code.
  • Money for the Admirals Groups will be put into a Quantum Account and people will go to a Redemption Center to activate their own Quantum Account.
  • Bond Holders get notified that they have funds in their account and when they have access to that money. As of yesterday at 4 pm Bond Holders were flying into Reno and Miami to get their accounts. They were funding Bond Holders Tues. through Saturday of this week.
  • Tier4b (us, the Internet Group) should get notified Friday 14 March or Saturday 15 March after the banks or markets close.
  • Redemption Centers will be doing exchanges beginning Sat. 15 March.
  • Redemption Centers will be exchanging for 14 days (some areas longer depending on the population).

DINAR REVALUATION REPORT: Will Iraq's Dinar Revalue in 2025? @DINARREVALUATION #iraqidinar

 


THE BLACK FILE”… REVENUES PARALLEL TO OIL LOST OUTSIDE THE STATE TREASURY: 3 PROPOSED SOLUTIONS (DETAILS), 14 MARCH

THE BLACK FILE”… REVENUES PARALLEL TO OIL LOST OUTSIDE THE STATE TREASURY: 3 PROPOSED SOLUTIONS (DETAILS)

Today, Wednesday (March 12, 2025), the representative of the Patriotic Union of Kurdistan, Bryar Rashid, raised decisive questions about what he described as the “black file” in Iraq, noting that non-oil revenues, which are equivalent in size to oil sales revenues, do not enter the state treasury in full.

Rashid confirmed, in a statement to “Baghdad Today”, that “all countries in the world depend on internal revenues such as taxes and service fees, which are used to finance salaries and expenses, but the situation in Iraq is different, as non-oil revenues reach the Ministry of Finance in very small amounts compared to their actual size.”

He pointed out that “this file is one of the most prominent hotbeds of corruption in the country, as revenues are recorded at low numbers that do not reflect their actual reality,” calling for a review of the mechanism for collecting them and ensuring that they are delivered to the state treasury according to their actual numbers.

Rashid stressed that “continued reliance on oil as a primary source of income is no longer a sustainable option, especially with the increase in expenses and salaries, ” noting that “large sectors, such as border crossings and government services, can generate huge revenues equivalent to oil revenues, if they are controlled and managed transparently.”

He concluded his speech by calling for serious government action to address this issue, which he described as “one of the biggest doors of corruption in the country,” stressing that “ignoring it will lead to continued financial waste and weakening of the national economy.”

Non-oil revenues in Iraq have always been a thorny issue that reflects the challenges of administrative and financial corruption in the country. Although Iraq has diverse sources of income, such as taxes, customs, government service fees, and tourism revenues, these resources are not clearly reflected in the state’s general budget, as they are recorded in modest numbers.

Experts believe that enhancing transparency, improving the collection system  and combating corruption are the most prominent  solutions proposed  to reform this file. This may enable Iraq to finance a large part of its budget away from complete dependence on oil, which will achieve economic stability in the long term.


WOLVERINE UPDATE, 14 MARCH

 Tues. 11 March 2025 Wolverine

 “Big Bond Holders are flying to the US right now. We have big news that this is the week we have been waiting for. 

There is good news from Iraq that it’s going to get released. We’re hearing good news from lots of platforms.”

MARKZ: Are there still 23 currencies in the first basket? @DINARREVALUATION #iraqidinarinvestor

 


IRAQ, WORLD BANK DISCUSS ENHANCING FINANCIAL COOPERATION, 14 MARCH

 IRAQ, WORLD BANK DISCUSS ENHANCING FINANCIAL COOPERATION

Finance Minister Taif Sami stressed the importance of the ongoing partnership with the World Bank, and Iraq’s aspiration to benefit from the technical and financial support provided by the bank in implementing strategic projects to stimulate economic growth and provide job opportunities, especially in areas including infrastructure and human development. This came during her reception of the World Bank Representative to Iraq, Jean-Christophe Carret, and his accompanying delegation.

The meeting discussed ways to enhance economic and financial cooperation between Iraq and the World Bank. It reviewed a number of key topics related to enhancing financial stability in Iraq, in addition to discussing development projects that the two parties seek to implement with the aim of achieving sustainable development.

For his part, the World Bank representative expressed the bank’s commitment to continue supporting Iraq in achieving its development goals, noting that the World Bank pays great attention to enhancing Iraq’s ability to face economic and development challenges, with a focus on sustainable development and achieving comprehensiveness in the benefits achieved.

PARLIAMENT PREEMPTS THE DECISION ON THE PRIME MINISTERIAL CANDIDATE… RASHID: THERE WILL BE NO BUDGET FOR THE CURRENT YEAR, 2026

  PARLIAMENT PREEMPTS THE DECISION ON THE PRIME MINISTERIAL CANDIDATE… RASHID: THERE WILL BE NO BUDGET FOR THE CURRENT YEAR, 2026 The Iraqi ...