Militia Man
The 112 system, they have in place under the tripartite budget, ...paying salaries etc. doesn't turn on the oil in the Kurdistan region...
I believe it's because of a Real Effective Exchange Rate has to be applied for valuation...
Economy News – Baghdad
Iraqi Ambassador to Washington Nizar Al-Khairallah confirmed on Saturday that a delegation representing more than 50 American companies will visit Iraq.
The Iraqi Embassy in Washington said in a post on the (x) platform that “Ambassador Al-Khairallah met Steve Lotus, Vice President of the American Chamber of Commerce and Chairman of the Iraqi American Business Council, along with his deputies.”
“The meeting focused on discussing the logistical arrangements for the upcoming visit of a delegation of American businessmen to Iraq, which will include representatives of more than 50 American companies specializing in the fields of energy, health care, education, transportation and other vital sectors,” the ambassador said.
MELANIA HINDS: IRAQI DINAR BREAKING NEWS & COMPLETE SUMMARY💥🙋🏽♀️
The current political and economic landscape in Iraq reflects a significant transformation, driven largely by international partnerships, trade agreements, and infrastructural developments.
This chapter, based on the insights shared by Melanie Hines, delves into the recent collaborations between Iraq and China, the expansion of critical infrastructure projects, and the ongoing efforts in enhancing Iraq’s financial stability.
Vocabulary terms and key concepts, such as Comprehensive Medical City, trade corridor, and digital dinar, are highlighted to outline the breadth of these developments and their implications for economic revaluation in Iraq.
The information outlined in this chapter signals a period of significant transition for Iraq, marked by international cooperation, ambitious infrastructure projects, and efforts to stabilize its economy through anti-corruption initiatives. As developments unfold, they indicate strategic planning for the Iraqi dinar’s revaluation, with implications for both the local population and international stakeholders. The overall sentiment reflects optimism for Iraq’s economic resurgence and stability, pending successful execution of these ambitious projects and policies.
What is the significance of the medical city?
How does corruption affect Iraq’s economy?
What role does the digital dinar play?
Al-Sudani: Restrictions are useful, and I asked the Americans about their silence on the dollar chaos before me!
Answered about selling 300 million daily
Prime Minister Mohammed Shia al-Sudani asserted that US sanctions were the best way to eliminate “rogue shops” and that the punitive measures imposed on Iraqi banks were a result of the previous government’s failure to fulfill its commitments to the US.
He also said that the Treasury described the progress in reforming the banking system as “the revolution we dreamed of.” During a lengthy interview, al-Sudani justified the increase in the Central Bank’s dollar sales by the acceleration of construction activity and the import of building materials.
He also promised to launch a reform plan to correct the banking sector, which is “the most important in Iraq’s history.”
Mohammed Shia Al-Sudani, during an interview with journalist Samer Jawad:
There is an exaggeration of the problems facing Iraq, even though countries face many similar challenges, even on the security level. During the ISIS crisis, they said that Iraq was finished, and on the economic level, they said that the economy was finished, but things later proceeded normally.
After assuming the premiership, I faced the issue of the agreements between the previous government, the Treasury, and the US Federal Reserve, which were two years old at the time, regarding a roadmap for Iraq to enter the global financial compliance circle. However, the previous government did not implement any of them, and the deadline expired at the beginning of my government.
My government was able to transform the challenge and commitment to the U.S. Treasury and the Federal Reserve into an opportunity to reform the Iraqi financial and banking system. This came at a social and political cost, which our opponents exploited. However, we leveraged the issue to end the anomalous situation of dollar-selling shops, which we all complained about, and we were able to implement the imposed obligations.
The sanctioned banks were sanctioned for violations committed during the previous government's term. The sanctions imposed by international institutions were related to that period, but there are no violations in this regard now.
We have been able to implement the standards, and now the Iraqi banking system operates transparently, in accordance with international compliance standards and certified by international institutions. During my last visit to New York, the US Treasury representative informed us that Iraq has achieved a revolution we had dreamed of in previous periods. International compliance standards have been applied to all Iraqi financial transfers, via correspondent banks and the US audit firm. Not a single dollar is spent without passing through these bodies.
The only cash dollars exchanged are for travelers, and are spent at the plane door. Therefore, not a single dollar is exchanged outside of improper transactions and procedures. The Central Bank's increased dollar sales have a different interpretation related to construction and development in the country, unlike what used to happen in the days when the process was conducted through receipts and chaos. Thirty percent of the value of our annual imports goes to construction materials, and this reflects the scale of construction and development.
The Iraqi banking system has reached such a level of reliability that international banks have begun opening credit lines here. We have contracted with Oliver Wyman to reform the private banking system, and we will launch the reform plan after Eid. It will be the most important plan since the founding of the Iraqi state. The government banking sector will be reformed under the supervision of Ernst & Young. link
AWAKE IN 3D
Knowledge vs. Wisdom in the RV/GCR Landscape
There’s an old saying: “Knowledge is knowing that a tomato is a fruit.Wisdom is knowing not to put it in a fruit salad.”
The same applies to understanding global financial systems—knowing the facts is one thing, but applying them wisely is another.
Take SWIFT, for example. Many believe it’s a payment system, but in reality, it’s just a messaging network that allows banks to communicate about transactions—it doesn’t move money.
Yet, some still claim SWIFT controls global payments, missing the bigger picture.
Here’s an example to clarify: if a friend wanted to borrow money from me, we would first agree on the amount and how I would send it. He’d tell me where to send the money, and I’d tell him where I’m sending it from—so we’re both clear on how the transfer would happen.
But I would still have to log into my bank and execute the transfer. SWIFT does the part where my friend and I exchange details about the transfer—but it does NOT move the money itself. The actual transfer is a completely separate activity.
Founded in 1973, SWIFT was never designed for modern finance. Over time, patchwork fixes created a slow, expensive system full of intermediaries, where cross-border payments can take days and cost up to 6.3% in fees.
But here’s where wisdom comes in: understanding why this outdated system persists and what could replace it.
The ISO 20022 messaging protocol upgrade is a key part of modernizing financial fund transfer systems. It standardizes communication across global financial institutions, making messaging more structured, data-rich, and efficient.
This upgrade will improve transparency, reduce errors, and speed up transaction settlement—but it still doesn’t move the money itself.
Beyond that, blockchain-based solutions like stablecoins have the potential to eliminate the friction entirely, making cross-border transactions as seamless as sending an email.
My purpose here on Telegram is to inform, educate, and clarify RV/GCR information—separating fact from fiction and illuminating the distinction between knowledge and wisdom.
Because knowing the facts isn’t enough… it’s about seeing what they really mean for the future.
