Saturday, March 29, 2025

INA - BAGHDAD

Minister of Finance, Taif Sami, stressed on Tuesday the importance of ongoing partnership with the World Bank.

Sami received the World Bank Representative to Iraq, Jean-Christophe Carret, and his accompanying delegation, said the Ministry of Finance in a statement - received by the Iraqi News Agency - INA.

They discussed ways to enhance economic and financial cooperation between Iraq and the World Bank. Several key topics related to enhancing financial stability in Iraq were reviewed, in addition to "discussing the development projects that the two parties seek to implement with the aim of achieving sustainable development."

The Minister of Finance stressed "the importance of ongoing partnership with the World Bank, and Iraq's aspiration to benefit from the technical and financial support provided by the bank in implementing strategic projects to stimulate economic growth and provide job opportunities, especially in areas that include infrastructure and human development."

In turn, the World Bank representative expressed the bank's commitment to "continue supporting Iraq in achieving its development goals."

Carret noted that "the World Bank pays great attention to enhancing Iraq's ability to confront economic and development challenges, with a focus on sustainable development and achieving inclusiveness in the benefits achieved."

STATUS OF THE RV , PART. 2 BY MNT GOAT, 29 MARCH

STATUS OF THE RV , PART. 2

Breakthrough with the IQD:

😊I need everyone to go to my Articles Section today and read the entire article titled “AL-NUSAIRI: 2025 INDICATORS: A STRONG ECONOMY, A RECOVERING DINAR, AND DEVELOPING BANKS.”

Economic and banking advisor Samir Al-Nusairi confirmed that his predictions, made in previous articles and statements, that our economic indicators in 2025 herald a strong and robust economy based on the availability of foreign currency reserves exceeding $108 billion and 163 tons of gold,

sufficient to cover imports for 18 months. Al-Nusairi also said in an interview with Al-Eqtisad News that the local currency issued amounted to approximately 100 trillion dinars, and our dinar is recovering and gradually returning towards an exchange rate against the US dollar towards the equilibrium price targeted by the Central Bank.

So, let’s hold our proverbial horses and not go off with a half-cocked reaction to Al-Nusairo’s statements in the article of today. Lets’ pay close attention to the words he said. He said “gradual” which is exactly what

I keep emphasizing on my blog. He did not say tomorrow or next week. He merely said “gradual” and so when it happens, it happens.

Then he talks about an “equilibrium” ;price that is being targeted by the CBI.

Operative words are “equilibrium” and “targeted”. Oh boy, oh boy, oh boy is this not what my CBI contact has been telling us all along?

She said that the parallel market must be cracked to drive down the informal price of the dollar to the “official” CBI rate.

Appears to me they are cracking the parallel market. I told everyone this will not happen overnight and will take weeks to materialize once the U.S. ends sending paper cash to Iraq.

This means that the dinar, as it is still pegged to the dollar, will also “gradually” go up in rate.

So, what is this “equilibrium” price exactly they are targeting?

The CBI is not going to divulge this target rate to us but we do know they told us it is at the “official” rate or very close to it. Then we were told when this happens this will trigger the Project to Delete the Zeros and so on and so forth. Again, the word “trigger”.

Remember that I was worried when I heard all this recent news about the decision by the CBI to go forward with their digital dinar.

Would they still conduct the Project to Delete the Zeros?

Would Iraq still have a paper currency?

What would happen to our dinar that we hold? Should we have been worried?

I then listened to the news going forward from that week and we then learned the answers to these important questions.

But what happened was I took my time, relaxed and kept listening to the news.

I did not go off half-cocked. No knee-Jerk reaction. The FACTS will always eventually surface. There is no need to lie about the future. They will tell us.

Yes, much of the news is delayed as many times it already happened by the time when we get it.

What is wrong with this method of distributing the news?

Even though it is untimely, we can still put the picture of the puzzle together to see where they are going and how they plan to get there.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

FIREFLY: HCL Cards and New Exchange Rate!!! @DINARREVALUATION #iraqidinarinvestor #iraq

Prime Minister: Iraq Has Become an Encouraging and Attractive Environment for Investment, 29 MARCH

Prime Minister: Iraq Has Become an Encouraging and Attractive Environment for Investment

Baghdad - INA

Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that Iraq has become an encouraging and attractive environment for investment, noting that women's entry into the investment sector enhances their role in development.

The Prime Minister's Media Office said in a statement received by the Iraqi News Agency (INA): "Prime Minister Mohammed Shia al-Sudani received the Chairwoman of the Board of Directors of the Emirati Sawaed Al Khair Association, Sheikha Fatima bint Hashr Al Maktoum, and her accompanying delegation."

He added that "Al-Sudani welcomed this visit, which aims to enhance understanding and develop cooperation and bilateral relations between Iraq and the UAE, stressing the government's keenness to provide everything that would contribute to advancing relations in various fields."

According to the statement, Al-Sudani indicated that "Iraq has become an encouraging and attractive environment for investment, based on its real assets and opportunities," indicating that "women's entry into the investment and business sectors enhances their role and participation in construction and achieving development."

For her part, Sheikha Fatima Al Maktoum expressed her "welcome to the Iraqi government's measures to support women and prepare them for entry into the workforce," affirming her "efforts to establish a charitable center in Baghdad to rehabilitate people of determination, as a pioneer in humanitarian work and activities." Al-Sudani expressed his support for this step and directed that obstacles be removed to complete the project.

NADER FROM MID EAST: Iqd Iraq dinar for friends only the heaters get the F of the way, 29 MARCH

NADER FROM MID EAST: Iqd Iraq dinar for friends only the heaters get the F of the way

Highlights

Summary

In a recent press statement, Minister Muhammad Xia Al Sudini announced significant developments regarding Iraq’s financial reforms and industrial progress. He highlighted that the U.S. Treasury has acknowledged Iraq’s advancements related to the dollar issue, referring to them as a “revolution” in economic management.

Al Sudini stated that Iraq’s account with the U.S. Federal Reserve is now fully under the government’s control, which marks a shift away from prior U.S. oversight. He addressed the historical context of U.S. silence over two decades, attributing it to America’s desire to track the final destinations of its dollar, which he noted is a valid concern.

The government plans to create one million job positions through a three-year budget, reflecting its commitment to resolving long-standing structural and social challenges.

Al Sudini also presented data showing that 54 Iraqi factories are now exporting products, which signifies enhanced national production capacities. Furthermore, he announced a substantial increase in electricity generation from 19,000 to 27,000 megawatts, emphasizing that these initiatives are integral to improving public services and meeting citizen demands.

🚀 Revolutionary Financial Progress: U.S. Treasury recognizes Iraq’s advancements as a revolutionary step in managing the dollar issue.
🏦 Financial Independence: Iraq’s Federal Reserve account is now controlled by the government, marking a significant independence from U.S. oversight.
🎯 Job Creation Commitment: The government plans to create one million jobs over three years as part of its budgetary commitments.
🏭 Exporting Products: 54 Iraqi factories are exporting goods, indicating growth in national production capabilities.
⚡ Electricity Generation Boost: Increase in electricity production from 19,000 to 27,000 megawatts aimed at improving public services.
📈 Strategic Goals: The initiatives reflect the government’s strategy to address accumulated structural and social problems.
🌍 Strengthening National Economy: The focus on industrial and energy sectors is aimed at building a robust national economy.

Key Insights

💡 Transformative Economic Governance: The acknowledgment by the U.S. Treasury signifies a pivotal moment for Iraq, transitioning towards autonomous economic governance. Minister Al Sudini’s statements indicate that Iraq’s leadership aims to establish a dynamic financial system that operates independently from U.S. influence, which could be transformative for the nation’s economy and international standing.
📊 Sustainable Job Creation: The commitment to create one million jobs signals a proactive approach to combating unemployment and nurturing economic growth. Through strategic budgeting over a three-year period, the Iraqi government aims to tackle systemic social challenges, which could promote stability and reduce dependency on oil revenues in the long run.
🌱 Revitalization of the Industrial Sector: The fact that 54 factories are now exporting goods is a notable achievement that demonstrates tangible progress in revitalizing Iraq’s industrial capabilities. This shift not only fosters competitiveness in global markets but also encourages local job creation and enhances self-sufficiency.
⚖️ Addressing Historical Economic Challenges: Minister Al Sudini’s remarks about the U.S.'s historical silence on Iraq’s financial matters provide context to understand the complexities of international economic relationships. The government’s move to reassess its financial strategies reflects a desire to mitigate past economic vulnerabilities and reinstate stability.
⚒️ Growth in Energy Capacity: The substantial increase in electricity generation capacity could potentially lead to improved living conditions for citizens. By increasing electrical output, the government is aligning its energy policy with the needs of its population, indicating a strong commitment to infrastructure development.
📈 Long-term Economic Strategy: The dual focus on job creation and energy capacity enhancement suggests that Iraq’s economic plan is not merely reactive but instead aims for long-term sustainability. This suggests an intelligent approach to balancing immediate socio-economic challenges with broader developmental goals.
🌍 Focus on International Trade: The emphasis on exports not only reflects the government’s intent to boost domestic manufacturing but also points to a broader strategy of returning Iraq to the global trade arena. This global re-engagement could potentially lead to increased foreign investment and economic collaborations, fostering an environment for sustained growth.

Through these insights, it is evident that Iraq is at a critical juncture in its economic history, with both opportunities and challenges on the horizon. The government’s initiatives represent a roadmap towards modernization and self-reliance, aiming not only to stabilize the current economic climate but also to elevate Iraq’s status in the global economy.

DINAR REVALUATION

Saturday, March 29, 2025

ZIM Holders' Secret Exchange Protocol Revealed!!! @DINARREVALUATION #iraqidinarinvestor

Iraq: Ongoing partnership with the World Bank is important, 29 MARCH