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