DINAR EXCHANGE: 🚨 Kurdistan oil exports are BACK!, 17 MARCH

 DINAR EXCHANGE

Kurdistan oil exports are BACK! Iraq’s parliament just cleared the way, with SOMO managing sales.

Producers like #GKP could see HUGE gains in cash flow! This could be the investment opportunity of 2025! Don’t miss out! #OilStocks #Investing #EnergyBoom #iraqidinar Iraq’s parliament has approved a budget amendment facilitating the resumption of oil exports from the Kurdistan region. This legislative change mandates that the Kurdistan Regional Government (KRG) transfer its oil output to the State Oil Marketing Organization (SOMO), Iraq’s state-run oil firm, effectively ending a nearly two-year halt in exports. The budget amendment sets the transport and production cost rate for oil in Kurdistan at $16 per barrel. However, Turkey has not yet received formal confirmation from Iraq regarding the resumption of oil flows through the Iraq-Turkey pipeline. For companies like Gulf Keystone Petroleum (GKP), which operate in the Kurdistan region, this development is significant. GKP’s shares recently crossed above their 200-day moving average, indicating positive market sentiment. Analysts have set a “speculative buy” rating for GKP, with a price target of GBX 190. In summary, the Iraqi parliament’s approval of the budget amendment is a crucial step toward resuming Kurdistan’s oil exports under SOMO’s management. This development is expected to enhance the financial prospects of producers like GKP, potentially increasing their free cash flow. However, the actual impact will depend on the successful implementation of the export arrangements and the resolution of logistical challenges, including the finalization of agreements with Turkey for pipeline use.

JEFF: " THE RATE WILL CHANGE ON A SUNDAY MORNING" @DINARREVALUATION

FRANK26: "DIGITAL = CASHLESS SOCIETY & IT BRINGS SECURITY & STABILITY", 17 MARCH

 KTFA

FRANK26: "DIGITAL = CASHLESS SOCIETY & IT BRINGS SECURITY & STABILITY"....F26

The Central Bank unveils a comprehensive plan to eliminate paper transactions.

3/15/2025

 

Baghdad
 

Central Bank Governor Ali Al-Alaq announced on Saturday that the government is working on a roadmap for a comprehensive digital transformation.

 

Al-Alaq told the official agency, as followed by "Al-Eqtisad News": "The government is working on a plan and roadmap to transition to e-government. There are steps, efforts, and a data center, and we hope that the ministries will take the initiative to interact." 

 

He added, "The Central Bank has a comprehensive plan. Over the past year, we have been able to reduce paper usage by 50%, and we will soon eliminate all paper transactions."

 

He continued, "The Central Bank is working to create a digital currency. This is a major undertaking being undertaken by the bank in coordination with international and Arab organizations and entities, and directly with the Arab Monetary Fund."

 

LINK

 

TIDBIT FROM MARKZ, 17 MARCH

 MarkZ   

[via PDK] 

 “Iraq forces kill “Deputy Caliph” one of the world’s most dangerous terrorists” 

 This is big.  I was told by intelligence from US sources that this is an enormous blow to Isis. This is a big win to help build stability – especially in the northern region of Iraq.

DINARLAND UPDATE :WHAT BAGHDAD TV ARE SHOWING TO THE CITIZENS BY FIREFLY...

IRAQ NEWS : THERE WILL BE RECENT DEVELOPMENTS IN IRAQ, 17 MARCH

 IRAQ NEWS

Lahur Sheikh Jangi, leader of the People’s Front party (Barai Gal), met with Andrew Bizley, the British Consul General in Erbil,

to discuss recent developments in Iraq and the region. 

Their talks focused on forming a strong Kurdistan Regional Government (KRG) cabinet that prioritizes the Kurdish people’s interests over political divisions. : Jangi's office

11:59 AM · Mar 16, 2025

·

GOLDILOCKS: Look for the Crypto Market to begin decoupling from the Stock Market, 17 MARCH

 GOLDILOCKS

Look for the Crypto Market to begin decoupling from the Stock Market. As Crypto begins to "derive" its value from utility case scenarios, you will see a rise in the new Digital Asset Based Trading System come to life. 

In finance, the "derivative of Market" refers to the derivatives market, a segment of the financial system where contracts (options, futures, swaps, etc.) are traded, with their value derived from an underlying asset or group of assets. 

Crypto assets are moving from a Speculative Financial Instrument to an asset of real value. When you see the price of your crypto assets begin to rise, you will know that the revaluation of everything has begun.

© Goldilocks