Saturday, March 15, 2025
World Bank Reaffirms Commitment to Supporting Iraq, 15 MARCH
World Bank Reaffirms Commitment to Supporting Iraq
Iraq's Minister of Finance, Taif Sami, met with Jean-Christophe Carret, the World Bank's representative in Iraq, to discuss strengthening economic and financial cooperation.
The discussions focused on strategic projects aimed at stimulating economic growth, creating jobs, and developing infrastructure and human capital.
Minister Sami emphasized Iraq's commitment to leveraging technical and financial support from the World Bank to enhance financial stability and sustainable development. The meeting also addressed ongoing and future development projects aimed at ensuring long-term economic resilience.
Carret reaffirmed the World Bank's commitment to supporting Iraq, highlighting its focus on economic challenges, sustainable growth, and inclusive development.
(Source: Ministry of Finance)
STATUS OF THE RV , PART. 3 BY MNT GOAT, 15 MARCH
STATUS OF THE RV , PART. 3
😊Then we also read news in the article titled “RAMADAN REVIVES THE IRAQI DINAR AND OFFICIAL EXPECTATIONS OF A CONTINUED DECLINE IN THE DOLLAR“. In this news we learn that the exchange rate of the US dollar in the parallel market in Iraq declined significantly during the first and second weeks of Ramadan, recording 1,480 dinars per dollar,
or less than that, from 1,520 dinars before the beginning of the month. They told us that the decline was due to several factors, most notably the strict measures taken by the Central Bank of Iraq to control imports and electronic money transfers, in addition to the decline in economic activities of the Iraqi citizen during the month of Ramadan.
I will add that my personal suggestion is that it was the cutting off of CASH dollars to Iraq from the U.S. that was the measure that was the straw that finally broke the camel’s bank in this effort.
Let’s wait and see where this goes next coming weeks. Again, the CBI has told us they need this parallel market rate to equal of very close to the “official” rate of the dinar. It is slowly happening. I am hearing from the CBI they make finally conduct the Project to Delete the Zeros when this occurs, pending no other issues to prevent it.
So, the news this period was all good. I don’t expect any bad news. With the expectations of the silk road project, building these industrial cities and the port of Faw, how can Iraq lose? We must keep up with our prayers. Are you listening to the prophets? I believe it is essential to connect the spiritual side with what we see playing out in the U.S. politics and how this will affect our investment in the dinar. We really can’t separate the two. When this is all said and done, you will look back and realize just how right I was in taking his approach. God works in funny ways. Just when you think you have it all nailed down, you see an irony or a twist things just change on a dime.
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What can we as investors do right now?
- Pray and pray that nothing will mess this up….
- Be very patient….
- Do not sell your dinar….
- No more intel guru talk….
- No more NESARA / GESARA crazy talk
- Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
- Don’t over speculate and set unjustified expectations
I know the path to this reinstatement and I don’t have to speculate or guess.
If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either.
Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait.
UNDP Discusses Iraq's Industrial Development Strategy, 15 MARCH
UNDP Discusses Iraq's Industrial Development Strategy
By John Lee.
Iraq's Ministry of Industry and Minerals has engaged in discussions with the United Nations Development Programme (UNDP) to enhance industrial and economic development.
The meeting, chaired by Deputy Minister for Planning Ahmed Abdul Jabbar Ali, focused on cooperation mechanisms to support Iraq's 2024-2030 Industrial Strategy.
The Deputy Minister highlighted the ministry's policy-making role, emphasising strategic projects in fertilisers, phosphates, cement, sulphur, pharmaceuticals, and renewable energy.
The discussions also covered private sector support, including:
- Industrial skills development in cooperation with the Ministry of Labour.
- Attracting small and medium-sized enterprises (SMEs).
- Job creation initiatives through the General Directorate for Industrial Development.
Both parties explored ways to enhance coordination across various industrial sectors.
(Source: Ministry of Industry and Minerals)
STATUS OF THE RV , PART . 2 BY MNT GOAT, 15 MARCH
STATUS OF THE RV , PART . 2
😊Then in today’s news article titled “GOVERNMENT ADVISOR: WE HAVE A LARGE FINANCIAL SURPLUS ENOUGH FOR IRAQ TO COVER TWO YEARS OF IMPORTS” we read that Mohammed Al-Najjar, the Prime Minister’s Advisor for Investment Affairs, confirmed that the Central Bank has a large financial surplus sufficient for Iraq to cover two years of imports.
This does not even cover the 162 tons of gold. Tell me what small developed economies like the country of Iraq, have this much financial security, like Iraq does?
😊Then if everything I have told you today is not amazing enough, lets look at what they told us in the article titled “THE BLACK FILE”… REVENUES PARALLEL TO OIL LOST OUTSIDE THE STATE TREASURY: 3 PROPOSED SOLUTIONS (DETAILS)“. Just yesterday 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. WOW! WOW! WOW! Didn’t I tell my readers that the non-oil revenues can rival the oil revenues, if only the GOI could control them? So here we read it from them now again.
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.”
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