FRANK26: "A CAMPAIGN TO SPEND AND EDUCATE CITIZENS ON THE NEW EXCHANGE RATE", 31 MARCH

 KTFA

FRANK26: "A CAMPAIGN TO SPEND AND EDUCATE CITIZENS ON THE NEW EXCHANGE RATE".....F26

The Central Bank announces new plans to expand the "Asraflak" campaign over the next two months.

3/27/2025

 

 

The Central Bank announced today, Thursday, new plans to expand the "Spend It" campaign over the next two months, while explaining the most important outcomes the campaign is working towards.

 

Hussein Abdul Amir, Director of the Financial Inclusion Department at the Central Bank, said in a press statement, "We are communicating with officials regarding the 'Asreflak' campaign, which aims to promote financial literacy among the public through the channels it provides. We are developing plans and programs to monitor and measure the impact the campaign is creating, based on the outcomes it generates with the public." 
He pointed out that "the campaign will expand in scope over the next two months, and there will be a wide-ranging expansion in the southern governorates, covering various aspects of financial awareness and education. "
He explained that the "Asreflak" campaign is currently working on a variety of projects, and that the most important effort will be the field effort in cooperation with financial institutions as well as public institutions.

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FROM THEIR FACEBOOK PAGE:  

 

Asraflak is in Baghdad, Iraq .

4h ·
 

The Central Bank of Iraq continues its field efforts, in cooperation with financial institutions and government agencies, to ensure wider dissemination of the Asraflak campaign and achieve greater financial inclusion in society.
 

#spend it to you

#electronic_payment

#How_do_you_not_calculate_that_I_spend_for_you

#National_Campaign_for_Electronic_Payment

 

 

Asraflak is in Baghdad, Iraq .

4h ·
 

Caption: The Central Bank of Iraq has announced plans to expand the "Spend Your Money" campaign over the next two months, with the aim of spreading financial awareness and enhancing banking culture among citizens, with a focus on the southern governorates. The head of the Financial Inclusion Department at the Central Bank, Hussein Abdul Amir, explained that there is ongoing communication with relevant authorities to ensure the campaign's objectives are achieved.

#spend it to you

#electronic_payment

TIDBIT FROM BRUCE, 31 MARCH

 Bruce   

[via WiserNow] 

 ...April 2nd is Liberation Day... And a lot of people think, well, that's when we’re gonna start. That's where we think the RV is going to happen - 

 Well I think we're going to get started before that day.

 what I'm hearing from multiple sources...the bondholders should get access to their funds over the weekend, and we're hoping that is Saturday.

 We're believing we'd get...to set our
appointments...more likely Saturday or Sunday...we're looking good as everything is  coming together.

MR. POOL IQD: $10.21, VND: $6.42, ZIM: special handling

 

, The Foreign Minister Chairs The 14th Meeting Of Preparations For The Arab Summit In Baghdad 31 MARCH

 The Foreign Minister Chairs The 14th Meeting Of Preparations For The Arab Summit In Baghdad

Thursday, March 27, 2025, 17:43 | Politics Number of readings: 107  Baghdad / NINA / Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein chaired the fourteenth meeting on the ongoing preparations for hosting the upcoming Arab Summit in Baghdad in May 2025.

The meeting was attended by Minister of Interior Abdul Amir Al-Shammari, Minister of Finance Taif Sami, Secretary-General of the Council of Ministers Hamid Al-Ghazi, Mayor of Baghdad Ammar Musa, in addition to Undersecretary of the Ministry of Foreign Affairs for Administrative and Technical Affairs Ahmed Nayef, Undersecretary of the Ministry for Bilateral Relations Mohammed Bahr Al-Uloom, Chairman of the Political Committee of the Summit, and Undersecretary of the Ministry of Transport, representatives of the concerned ministries and bodies.

The attendees discussed the performance of the operations rooms and logistical support, and procedures for the summit ceremonies.

The decisions of the Media Committee were also reviewed, and developments in the work of the Political Committee were discussed, to ensure the completion of all necessary arrangements for the success of the summit. /End  https://ninanews.com/Website/News/Details?key=1194437

DINAR EXCHANGE:BENEFITS AND RISKS OF THE RV THE IRAQI DINAR, 31 MARCH

 DINAR EXCHANGE

Revaluing the Iraqi dinar could address some economic challenges, but it’s not a guaranteed solution to fix all problems.

Revaluation would make the dinar stronger relative to other currencies, which could:

1.Increase buying power: A stronger dinar would give Iraq more leverage in international trade, reducing the cost of imports.

2.Boost investor confidence: A revalued currency may attract foreign investment, signaling economic stability and growth potential.

3.Improve public sentiment: It could help restore confidence in the economy, especially among citizens holding dinars. However, there are risks:

1.Inflation control: A sudden revaluation could cause inflationary pressure, making goods and services more expensive domestically. 2.Debt burden: If Iraq has significant foreign-denominated debt, a stronger dinar might reduce the cost of repaying that debt, but the reverse could also strain the economy. 3.Oil dependency: The core issue is Iraq’s reliance on oil revenues. If oil prices fluctuate, a revaluation might not be enough to stabilize the economy long-term. In short, revaluing the dinar might help, but it would need to be part of a broader economic strategy addressing diversification, fiscal reform, and debt management.

Mr. Pool: Tier4b activation has begun!! @DINARREVALUATION #iraq #iraqidinar #iraqidinarinvestor

 

PM's Advisor :The Strategic Framework Agreement between Iraq and USA established the foundation for stable bilateral relations, 31 MARCH

  PM's Advisor :The Strategic Framework Agreement between Iraq and USA established the foundation for stable bilateral relations

The Prime Minister's Advisor for Financial Affairs, Mudhar Mohammed Salih, confirmed on Saturday that the Strategic Framework Agreement contributed to strengthening Iraq's financial and banking integration. He also noted that Iraq's relationship with the United States contributed to achieving balance in foreign policy and the economy.

Salih told the Iraqi News Agency (INA): "The Strategic Framework Agreement signed between Iraq and the United States in 2008 formed the basis for the development of paths of stability in bilateral relations between the two friendly countries, and on many axes of joint cooperation, which is important in the relationship with a major country like the United States."

He explained that "the role and importance of the United States in the international coalition forces, through its significant participation in combating ISIS terrorism, is an important element in the process of preserving our country's sovereignty, security, and stability. It provided a solid signal to open the doors of the world to international trade and investment links for Iraq, at high levels, through a large gateway whose title is security, stability, and prosperity with the world."

Salih added, "The agreement was a positive channel for creating an atmosphere of financial and banking relations that charted Iraq's path to integration into the international financial and banking system without fears of international financing, while achieving a high degree of transparency and governance with the international banking market and the international financial and economic community."

He continued, "If the United States is the world's leading energy producer, Iraq is OPEC's second-largest crude oil producer, meaning that our country is a strategic international energy hub, and its security and economic stability will remain essential to international development."

He added, "Since the defeat of ISIS terrorism (and in cooperation with friendly major powers, specifically the United States), our country has been able to pursue a neutral and highly independent policy that seeks to build stable economies in a turbulent world. Iraq is a stable achievement that can be emulated in light of the highly complex regional and international geography and politics." 

He pointed out that "the friendly and cooperative relations between Iraq and the United States have provided Iraq with two important paths over two decades. The first is achieving balance in Iraq's foreign relations with the United States and not relying on a single axis, or what is called engaging in the policy of axes."

He continued, "The other axis is the role of our country's peace strategy, which has led to reducing regional tensions by building balanced relations with international and neighboring powers, after our country became a highly important international and regional player, credited with providing elements of stability in the region and the world."

The Prime Minister's Advisor emphasized that "the continued improvement of the relationship between Iraq and the United States will continue to contribute to achieving stability and sustainable development, while ensuring that this relationship remains balanced and preserves Iraq's sovereignty and the independence of its national decision-making.

 This is currently achieved through mutual respect and America's appreciation for Iraq's positive positions and its commitment to building just regional peace, security, and shared development."   link