MILITIAMAN: MM&C-Iraq Dinar News-Reassurances Oil flow-Salaries to be Paid-Digital Currency-IMF-AMF-Cash Liquid, 19 MARCH

 MILITIAMAN: MM&C-Iraq Dinar News-Reassurances Oil flow-Salaries to be Paid-Digital Currency-IMF-AMF-Cash Liquid

Highlights

Summary

In this video, the host, affiliated with the Militia Man and Crew, discusses recent developments regarding monetary policy in Iraq and the ongoing transition towards a cashless economy. The Central Bank of Iraq is making strides to eliminate paper transactions, emphasizing the adoption of a digital currency.

 The bank reassures citizens about its cash liquidity, essential for local transactions, predominantly backed by oil revenue. There are substantial discussions around the resumption of oil exports, particularly through the Turkish Port of Ceyhan, which have faced delays due to regional financial disputes.

 The video also touches on the Iraqi government’s approach to stabilizing its economy through enhanced foreign exchange processes and banking transparency while targeting larger financial transactions. The host reflects on the interconnectedness of these developments and the potential implications for the Iraqi dinar, hinting at an impending currency reassessment.

• 🌐 Transition to Digital Currency: The Central Bank of Iraq plans to fully transition to digital currency, significantly reducing paper transactions.
• 💰 Cash Liquidity Assurance: The bank reassures the public of its ample cash liquidity, sufficient to cover all local transactions.
• 🛢️ Oil Export Resumption: Ongoing negotiations and readiness to resume oil exports through Turkey could resolve financial disputes and stabilize revenues.
• 🔒 Monetary Strategy Implementation: New strategies are being implemented to attract foreign currency transactions into the regulated banking system.
• ⚖️ Regional Financial Disputes: Delays in oil exports are primarily due to outstanding debts owed to oil companies, affecting Kurdistan and Baghdad.
• 📊 Future Exchange Rate Discussions: There are anticipations of a revised exchange rate that aligns with the new digital financial system.
• 🏦 Parallel Market Concerns: Enhanced banking regulations aim to eliminate cash transactions that currently feed into a parallel, unregulated market.

Key Insights

• 📉  Digitalization of the Economy: The Central Bank’s roadmap towards eliminating paper transactions is indicative of a broader trend towards digital economies worldwide. This transition could present opportunities for increased efficiency in transactions and financial management while also aligning Iraq with international standards in monetary governance.

• 💼 Importance of Cash Liquidity: The Central Bank’s reassurances about cash liquidity highlight the bank’s commitment to stabilizing the currency and supporting economic activities. Given that the Iraqi economy relies heavily on oil revenues, this liquidity is essential in maintaining trust in the dinar, especially during periods of transition to a new financial framework.

• 🤝 Crucial Oil Export Negotiations: Discussions regarding oil exports through Turkey are pivotal for Iraq’s financial recovery. The negotiations reflect the intricate relationship between regional governance and central authority, which must be resolved to bolster the country’s oil-dependent economy. Oil exports are a significant revenue source, and their resumption could enhance budgetary stability.

• 📈 Shift in Banking Strategies: The implementation of a new monetary strategy focusing on attracting foreign exchange into regulated banking systems indicates a maturation of Iraq’s financial landscape. This could reduce speculative transactions and foster a more stable economic environment, thus reinforcing the dinar’s strength.

• 👥 Challenges with Regional Governance: The financial disputes between the Kurdistan Regional Government and the federal authorities underline the complexity of Iraq’s internal governance. As salaries hinge on these negotiations, resolving the tension is of utmost importance for financial stability and social order—demonstrating the necessity for cohesive governance in resource-rich regions.

• ⏰ Anticipation of Exchange Rate Reevaluation: The potential for a new exchange rate, discussed in relation to the digital transformation and oil valuation, suggests that significant adjustments in Iraq’s financial policy may be imminent. This reevaluation appears necessary to align with international economic practices while enhancing national liquidity.

• 💵 Impact on the Parallel Market: The Iraqi government’s strategic emphasis on enhancing banking transparency and reducing the dependency on cash transactions indicates a potential crackdown on the parallel market. This shift could diminish the influence of unregulated practices on the national economy, thus strengthening legal financial transactions.

Conclusion

The video encapsulates essential aspects of Iraq’s evolving financial environment, characterized by a transition towards digital currency, enhanced foreign exchange capabilities, and ongoing negotiations aimed at stabilizing oil exports. With inherent challenges stemming from regional governance disputes, the Central Bank and the Iraqi government must navigate these complexities to foster a sustainable economic future.

 The host’s insights reflect a cautious optimism regarding the potential for stability and growth within Iraq’s unique financial landscape, underscoring the importance of collaboration among stakeholders moving forward. The developments discussed may set the stage for a significant transformation in how the Iraqi economy operates, emphasizing the need for flexibility and adaptation in face of changing monetary policies.

BEARDED PATRIOTUSA☀️RV TIME HAS TO BE NOW ☀️ @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 

To The Ministerial Council For The Economy, 19 MARCH

 To The Ministerial Council For The Economy

Samir Al-Nusairi  Finally, forecasts indicate that the Russian-Ukrainian war is nearing a halt with US intervention. We recall that when the war broke out three years ago, oil prices soared to over $110 a barrel, resulting in a surge in oil revenues for both rentier and oil-producing countries. This included Iraq, given its rentier economy.

Unfortunately, the achieved abundance was not utilized to activate the real economy. 

Rather, operational allocations in the general budgets increased, and the deficit exceeded 60 trillion dinars. Now, with the inevitable expectation that the war will soon end, oil prices will fall, and it is expected that its average price will reach less than 60 dollars per barrel. 

And we are still without other significant sources of national income. The Iraqi economy, God forbid, will enter a new economic and financial crisis. We expect the deficit to rise, the inflation rate to rise, and the government will be forced to borrow domestically and abroad.

Borrowing from the central bank will be required, foreign exchange reserves will decline, and external and domestic debts will rise. Since these expectations could soon be realized, they require swift action.

Here, we propose that the Ministerial Council for the Economy hold extraordinary sessions to discuss the expected new crisis and prepare for confrontation in a manner that preserves the path of economic, financial and banking reform and finds solutions and remedies to protect our national economy.  https://economy-news.net/content.php?id=53476

CRYPTO TRADER : ABOU THE DIGITAL DINAR AND IT'S EEFECR ON RV , 19 MARCH

 CRYPTO TRADER 

#IQD Got some messages asking about the digital dinar and it's effect on RV.

Just know that the UST is in charge and has the final say Though CBI is the one that will announce it.

Any RV has to be supported by CBI for which they need access to their Dollars which are in NY FeD.

You think US will not safeguard it's financial interests by letting CBI dictate terms.

There is a reason CBI keeps meeting US treasury and gives updates to them.

If CBI was fully incharge why would they ban certain banks on the request of US treasury.They would have continued the embezzlement. it's a complex game and we are nearing the end.

Just hold the line. It's darkest before dawn.

Nader From The Mid East: I tell you about three things. Trade, private sector @DINARREVALUATION

 

With the participation of Iraq.. International Debt Management Conference Resumes in Geneva, 19 MARCH

 With the participation of Iraq.. International Debt Management Conference Resumes in Geneva

Economy News — Follow-up

The 14th session of the International Conference on Debt Management, organized by the United Nations on Trade and Development (UNCTAD), held in Geneva from 17 to 19 March 2025, with the participation of Finance Minister Taif Sami, resumed.

The meetings included a number of important topics, most notably the axis (governance, accountability and transparency in the world of financial constraints), as well as the axis (the relationship between debt and climate: innovative debt tools for managing financial risks).

The meetings also included the theme (enhancing debt transparency: reconsidering reporting and ensuring standards) in addition to the axis (strategies for managing institutional challenges in order to establish a sustainable debt management office).

https://economy-news.net/content.php?id=53536

GOLDILOCKS: 🚗 Trust Setup Journey, 19 MARCH

 GOLDILOCKS: 🚗 Trust Setup Journey

Got Her Debit Card to Withdraw Money after EXCHANGE #dinar #iqd #youtubeshorts #youtube #xrp

Highlights

Summary

In the video, the speaker shares their recent experience of setting up a trust, which took approximately two and a half hours. The individual emphasizes the thoroughness of the consultation, detailing discussions about various bank accounts, including checking and savings, and underlining the importance of understanding each aspect of the trust.  

Shortly after this appointment, they received a debit card associated with the trust’s checking account, signifying the completion of the setup process. The speaker expresses immense gratitude towards their support network, referring to them as “Freedom Fighters,” and credits their assistance for helping navigate the complexities of establishing the trust.

• 🚗 Trust Setup Journey: The process to establish the trust was extensive, taking around two and a half hours, showcasing the importance of time investment in understanding financial legalities.
• 📋 Diligent Guidance: The consultant’s thoroughness ensured that the speaker fully comprehended the various aspects of the trust and accounts involved.
• 💳 Debit Card Receipt: The issuance of a debit card for the trust’s checking account indicates successful completion of the trust setup.
• 🌟 Support System Appreciation: The speaker acknowledges and appreciates the role of their support network in making the trust setup possible.
• 👩‍⚖️ Financial Literacy: The experience serves as an important reminder of the need for financial education and help in navigating complex transactions.
• 🤝 Empowerment Through Knowledge: Understanding the components of a trust empowers individuals to take control of their financial futures.
• 🙌 Community Impact: The impact of community and shared resources is highlighted, reinforcing the importance of having a strong support system in personal finance matters.

Key Insights

• 📈 The Importance of Financial Planning: Setting up a trust signifies proactive financial planning, which can protect assets and ensure they are passed down according to one’s wishes. This process is particularly important for individuals looking to manage wealth, safeguard their investments, or provide for dependents effectively. Taking time to establish such processes fosters security and clarity regarding one’s financial future.

• 🔍 Comprehension is Key in Financial Matters: The detailed consultation emphasized here illustrates that understanding the various components of financial instruments—which may include trusts, accounts, and investment options—is crucial. It is not sufficient to simply take action; comprehending the implications of those actions can lead to better financial outcomes and less stress.

• 🔐 The Value of Trusts: Trusts provide a practical means for asset protection, avoiding probate, and possibly reducing estate taxes. They also ensure that the grantor’s wishes about asset distribution are honored, which can be especially beneficial for individuals with complex family dynamics.

• 🎓 Financial Education and Support Networks: The invitation to assist one another within communities—whether through formal education or informal support systems—proves invaluable in navigating the financial landscape. The speaker’s reference to their “Freedom Fighters” underlines the concept that financial literacy often flourishes in supportive environments, enabling individuals to make informed financial decisions.

• 💬 Communication in Financial Consultations: The narrator’s experience of a two-and-a-half-hour discussion signifies the necessity of lengthy, meaningful conversations with financial professionals. Time spent communicating questions, concerns, and clarifications can yield a comprehensive understanding of trust management, allowing clients to feel confident about their financial decisions.

• 🎉 Celebrating Milestones in Financial Management: Receiving the debit card for the trust’s checking account serves as a tangible milestone. Such achievements deserve acknowledgment, reinforcing the progress made in financial planning. By recognizing these milestones, individuals are encouraged to continue making informed decisions in their financial journeys.

• 🤔 The Emotional Aspect of Financial Decisions: The speaker’s journey into setting up a trust illustrates that financial decisions are not solely based on logic; there is an accompanying emotional component as well. The transition to understanding complex financial instruments can be daunting, but the assurance of having a knowledgeable support system can alleviate anxiety, leading to a more fulfilling experience in financial management.

In conclusion, the video encapsulates a significant moment in the speaker’s journey to financial literacy and security through the establishment of a trust. With an emphasis on thorough education, community support, and practical milestones, it highlights the essential elements of navigating the financial landscape and achieving personal empowerment through knowledge.