DINAR REVALUATION

Friday, March 21, 2025

FIREFLY: IRAQ BUDGET IS GOING FORWARD ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

Al-Alak: We are working to create a data center that is a basis for success for digital transformation, 21 march

Al-Alak: We are working to create a data center that is a basis for success for digital transformation

Wazine News – Baghdad

The Governor of the Central Bank, Ali Al-Alak, confirmed on Thursday that the digital currency that the bank intends to launch enhances transparency and reduces the leakage of cash out of banks, while revealing the trend to establish a data center that represents a success base for digital transformation.

Al-Alak said: “Financial technologies are developing very quickly, in line with the requirements of the financial and banking sector in terms of speed, accuracy and economic efficiency, in addition to transparency, control and the fact of the digital revolution that imposes itself in all sectors, including the financial and banking sector, which is the most benefit from the major transformations that are taking place.”
He added that “digital currency can serve many purposes, reduce the leakage of cash out of banks, and achieve a high degree of transparency, as funds can be tracked, whether in the fields of consumption, investment, saving or even in legitimate and illegal actions, and it also provides important databases for analysis purposes, not only for the movement of paper money, in addition to the digital currency’s economics of printing and tracking.”
Al-Alak stressed that “we have started taking steps in coordination with international organizations to see the initial experiences in the digital currency file, which we do not want to delay,” explaining that “there are existing experiences in some countries of the region, and we are following up with the Arab Monetary Fund to develop the appropriate steps in this direction, and what it requires is infrastructure.”
He continued, “The central bank has advanced infrastructure, as the bank’s new building contains a sophisticated data center, and we are working on creating a data center that represents a success base for digital transformation.”

https://mawazin.net/Details.aspx?jimare=260290

JEN : most paymasters have funds to distribute, 21 MARCH

JEN

What we got on Monday is that most paymasters have funds to distribute. They will do so this week. Approximately 90% complete on other tiers. I asked what needs to happen to release 4B notifications. We need the release of funds to be complete.

I said, “When will they do that?” He said, “Tomorrow” (that is today). Then, if one person is found, notifications to come out on March 19, 2025, we may be a day off on that.

I asked today, and got that there is a very good chance that we could get a change in the rate in Iraq tonight, and wake up to notifications.

Either that, or tomorrow night. Either way, we have been moving forward.

People are getting paid and we are finishing up the other tiers. There is nowhere else to go but up, people.

Have everything ready. Keep an eye on your emails as we are right there. Taking out the t********s was an important thing, although we did things politically to stop Iran from controlling Iraq, they had they c***l minions all over the place, in the form of t********s,

and Trump sent people in to clear the way so that Iraq does not get retaliated against when they change their rate, and when that happens, we will see rates popping up for different currencies on Forex.

ARIEL: We Should See Iraq Make their Moves Now‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

Amman Chamber to Open Trade Office in Iraq, 21 MARCH

Amman Chamber to Open Trade Office in Iraq

The Baghdad Chamber of Commerce has welcomed the Amman Chamber of Commerce's plan to establish a trade office in Baghdad, aimed at strengthening economic and trade cooperation between Iraq and Jordan.

During a meeting with Raad Bureij, Vice President of the Baghdad Chamber of Commerce, Amman Chamber President Khalil Al-Haj Toufic emphasized the importance of activating the Memorandum of Understanding (MoU) between the two chambers to enhance trade, investment, and partnerships.

Al-Haj Toufic announced plans for an economic delegation from Jordan, comprising exporters, investors, and importers, to explore opportunities in the Iraqi market. Discussions also included a proposal to establish a Jordanian trade centre in Baghdad, owned by the Amman Chamber, to facilitate exports to Iraq .

Bureij suggested reciprocal visits by Iraqi and Jordanian economic delegations and the development of a sector-specific database to assist businesses in decision-making, investment, and trade. He affirmed Baghdad Chamber's readiness to support the establishment of the new trade office and provide necessary facilities for its success.

He also encouraged Jordanian companies to enter the Iraqi market through strategic partnerships in key sectors such as housing, industry, trade, infrastructure, IT, construction, contracting, and transportation.

Both chambers anticipate closer cooperation in the coming period to advance shared economic interests.

(Source: Amman Chamber of Commerce)

TIDBIT FROM MILITIAMAN, 21 MARCH

Militia Man

The central bank is openly talking about a digital currency and we're also seeing articles...about the ASYCUDA system and they're also talking about the single window system...That single window...is about trade... Article quote "...

The single window department is the main gateway communication with investors and aims to simplify procedures and facilitate investment with Iraq."

A while back it talked about the single window and...taking care of investors over $250 million investment. That's big money you guys. Those are the big boys...Who has $250 million to invest? Billionaires do.