Article quote: "Sudanai...said the United States Treasury described the progress in reforming the banking system as the revaluation we dreamed of."
That's the United States Treasury saying that.
Quote: "He also promised to launch a reform plan to correct the banking sector which is the most important in Iraq's history."
This doesn't sound like things of the past.
I've never seen this type of language before, especially coming from a prime minister...
Quote: "We will launch the reforms after EID." That's huge. If he sticks to his guns and sticks to what he says that's not very far off. Quote: " He says it will be the most important plan since the founding of the Iraqi state." Really...? Have you ever hear that before? I don't think so. I haven't...This is a Wow! Wow! Wow!
Iraq establishes private company to manage development road project
3/27/2025
The Higher Committee for the Development Road Project, headed by Iraqi Prime Minister Mohammed Shia al-Sudani, announced on Thursday the establishment of a private company to manage the project.
His media office said in a statement received by Shafaq News Agency that Al-Sudani chaired today the regular meeting of the Supreme Committee for Monitoring the Implementation of the Development Road Project.
This is the second meeting held within a week.
The statement added that the meeting reviewed the progress of the project's various phases and discussed the directives issued during the previous meeting. Approval was given for the Iraq Development Fund to establish a private company to manage the development road project, and for the Higher Committee to proceed with establishing the project's special authority.
The meeting also approved the interim governance instructions regulating the relationship between Iraq and Turkey regarding the project. In this regard, the Prime Minister directed Oliver Wyman to hold a joint meeting with the Iraqi and Turkish sides to finalize these instructions.
The statement indicated that the meeting was attended by the Minister of Transport, the Director of the Prime Minister's Office, the General Coordinator for Provincial Affairs, the Chairman of the Iraq Development Fund, the Deputy Chairman of the Parliamentary Transport Committee, a number of advisors to the Prime Minister, the Director General of Ports, and representatives from Oliver Wyman, the company providing consulting services for the project. LINK
We're coming to the end of March and with it the end of Ramadan and EID as well. We're about to see the grave surrender of the Houtis and next the grave surrender of Iran,
as both Israel and the US exert their force on the nuclear power plants, in order to flush the corrupt Iranian proxies out of Iraq and free up the Dinar, as well as the Iraqi people respectively.
Vietnam has untold mineral rights which will also free them up, alongside neighboring countries for the Dong and overall prosperity, coupled with the stable coins that each country is producing.
Gold and Silver are approaching all time highs, while oil continues to make its descent with our drill baby drill philosophy, which will being down food and energy prices at this much needed time.
Finally, now that XRP is being set free, once the lawyers for the SEC cooperate and finalize the paperwork, we will begin to see XRP finally be released and unleash itself onto the world economic stage and with it the synergy with BRICS as the preeminent driver of the new QFS Financial system.
Patience everyone, we're nearly into April, where the fun really begins!👀😎✅
Iraqi Ports Authority discusses operating mechanisms for the Grand Faw Port with the American company KBR.
3/26/2025
The General Company for Iraqi Ports announced on Wednesday that a meeting was held at the Ministry of Transport headquarters with representatives from the American company KBR, in the presence of representatives from the Ministry of Planning, to discuss the mechanisms for the actual transition to operating the Grand Faw Port after the completion of the project's basic work.
Farhan Al-Fartousi, Director General of Iraqi Ports, told Shafaq News Agency, "The Grand Faw Port is going through a pivotal phase, as many preliminary works have been completed. This meeting is a strategic step to coordinate efforts between government agencies and international companies, ensuring the success of future operations."
Al-Fartousi pointed out that "the meeting comes within the framework of preparing for the transition to the actual operational phase of the port,
relying on available international expertise and in line with the Prime Minister's government program," stressing that "qualifying Iraqi cadres to manage and operate the port is a key priority in the programs for contracting with international companies."
The cost of the Faw Port is approximately 4.6 billion euros, with an estimated capacity of 99 million tons annually, making it one of the largest ports overlooking the Gulf and the tenth largest in the world. The foundation stone for this project was laid on April 5, 2010.
The Grand Faw Port issue and the delays in its completion have sparked widespread controversy in Iraq. MPs have accused successive governments of striking deals with neighboring countries that squandered the port's construction in favor of those countries' ports. The project has also experienced some delays following the mysterious suicide of the technical director of the South Korean company Daewoo, which was implementing the Grand Faw Port project. LINK