Article: "Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman, with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI).
Discussions focused on Iraq's economic performance and sustainable growth prospects, with the IMF acknowledging the progress made. Key discussions included: Non-oil GDP growth of 5% in 2024...Reduced dependence on oil revenues, improving economic diversification and stability...
Increased use of the Iraqi dinar in major transactions to strengthen the national currency. The IMF reaffirmed its support for Iraq's financial policy development...
The meetings underscored Iraq's commitment to fiscal reforms, promoting economic stability and investment-friendly policies..." Today's report bode well for the RV. All topics of discussion can be seen as fulfilling requirements set forth by the governing authorities.
FRANK26: "COM FIRST, PARLIAMENT LAST... TO PROTECT THE NEW RATE!!!".......F26
The government is preparing to approve the 2025 budget. Al-Sudani's advisor reveals the details.
3/16/2025
The Iraqi Prime Minister's financial and economic advisor, Mohammed Shia al-Sudani, expects the Iraqi government to approve the draft budget before Eid al-Fitr.
Mazhar Mohammed Saleh said the Cabinet will likely approve the 2025 budget law before Eid al-Fitr and submit it to Parliament.
Saleh explained that spending constitutes approximately 67% to 70% of the total public expenditures in the budget law, which consist of salaries, allowances, retirement, and social care.
The Prime Minister's advisor noted that the budget is approximately 200 trillion dinars, with a deficit of approximately 64 trillion dinars.
Iraq has a three-year budget for 2023, 2024, and 2025, and is required to submit the budget schedule to Parliament annually.
Parliament approved the 2024 budget schedule on June 3, 2025.
Iraq's 2024 budget amounts to more than 211 trillion dinars, an increase of approximately 12 trillion dinars compared to 2023.
AWAKE IN 3D: Fourth Turning Watch: The Reset is in Motion
Suddenly, talk of a monetary reset is everywhere. But instead of panic, analysts are discussing what has historically been the most uncertain shift in every financial cycle.
The Fourth Turning is a historical cycle theory outlined by William Strauss and Neil Howe. It suggests that every eighty to one hundred years, societies undergo a period of crisis and transformation.
These cycles consist of four phases: growth, awakening, unraveling, and crisis—the Fourth Turning being the final stage where old systems collapse and new ones emerge.
Will the global currency reset happen in 2025, or is this just speculation? Is this another conspiracy theory, or is it the natural evolution of a broken system?
History shows that dominant currencies always change over time. The US dollar itself has undergone major shifts since taking over as the world’s reserve currency.
But the real question is not if the system resets—it is how and when.
Every Fourth Turning follows a pattern.
Governments take control of money. They print their way into prosperity. It fails. They blame other nations. It leads to war.
The outlier this time is gold. Central banks have been stockpiling gold at record levels.
More than thirty nations are repatriating their gold reserves. The weaponization of the US dollar in 2022 has only accelerated the shift.
Now, gold is not just a hedge against inflation—it is becoming the foundation of what comes next.
Countries are already making trade agreements outside the dollar, and gold is playing a key role in those deals.
The current system cannot continue as it is. Whether the next monetary structure includes a return to gold backing or a new global financial framework, the shift is happening.
Speculation is just speculation—until it is not. The signs of the next turning point are already here.
FRANK26: "NO... SUDANI STUDIED THE ENEMY VERY CLOSELY"......F26
Parliamentary Finance Committee on Budget Delay: The Government Underestimates Parliament's Role
3/16/2025
Member of the Parliamentary Finance Committee, Hussein Mounes, confirmed on Sunday that the talk about sending the general budget tables from the Ministry of Finance to the Council of Ministers is still unconfirmed, and there is no accurate information available regarding the veracity of this news.
In a statement to Shafaq News Agency, Mounes indicated that the government violated the Financial Management Law by delaying the submission of the schedules, considering this an underestimation of the role of the House of Representatives and its oversight and legislative work.
He explained that the Parliamentary Finance Committee has not yet been informed of any official date for the schedules to be submitted to Parliament, stressing the need for the government to adhere to legal and constitutional procedures when submitting the budget.
The Ministry of Finance was supposed to submit the budget tables to the Cabinet in October 2024, in preparation for approval before the start of the new year, in accordance with the Financial Management Law.
Earlier, Ibtisam al-Hilali, a member of parliament representing the Coordination Framework, predicted that the current year's budget would be submitted to parliament before the end of March. She indicated that the total budget and deficit were similar to previous budgets.
In November 2024, the head of the Parliamentary Finance Committee, Atwan al-Atwani, indicated that the government had begun meetings to prepare the 2025 budget, which was expected to reach Parliament early this year.
He also pointed out that the oil disputes with the Kurdistan Region are among the most significant challenges facing the budget preparation process, despite efforts to resolve these disputes and resume the region's oil exports to boost the country's
resources.
Last February, the Iraqi Parliament voted to amend Article 12 of the budget law, which concerns the costs of extracting oil from the Kurdistan Region.
It is noteworthy that the Council voted in June 2023 on the draft general budget law for the fiscal years (2023, 2024, 2025).
AWAKE IN 3D: A Revised Case for an RV of the Iraqi Dinar (IQD) Far Above Kuwait's $3.25 Exchange Rate
When I first proposed a $42 Iraqi dinar revaluation scenario, the response was a mix of curiosity and critique.
Thoughtful readers probed its feasibility, while skeptics dismissed it as improbable, detractors questioned its ambition, and quick social media quips overlooked its reasoning.
I welcome all feedback, but I contend that dismissing complex ideas without scrutiny perpetuates noise over insight.
As an electrical engineer and tech entrepreneur seasoned in tackling intricate challenges, my primary goal is to craft thought-provoking content grounded in logic, critical reasoning, and verifiable economic and financial facts—content that rises above speculative chatter.
This revised scenario refines my original thesis, addressing critiques with data and precedent.
I acknowledge the rate isn’t fixed in stone; it could be lower if Iraq opts for less gold backing of the IQD, reduces its oil revenue reserve pledge, or blends both adjustments—flexibility inherent in the model.
Far from a rigid forecast, this is a calculated "what if" exploring Iraq’s resource potential against a fiat US dollar.
I invite intelligent discourse and robust discussion from those ready to engage with substance, not just skim the surface.