Sunday, April 6, 2025

MARKZ: How long will have to exchange? @DINARREVALUATION #iraqidinar #iraq #iraqidinarinvestor

 


Experts: Iraq’s finances at risk from oil plunge, Trump’s tariffs, 6 APRIL

Experts: Iraq’s finances at risk from oil plunge, Trump’s tariffs


Shafaq News/ Iraq risks falling short on public sector salaries due to a sharp drop in global oil prices and the impact of new US tariffs that threaten state revenues, several economists warned.


Global oil prices have declined sharply, with Brent crude falling to $65 per barrel and US crude to $62, following increased OPEC+ production and US President Donald Trump's sweeping tariffs on foreign goods.


Economist Hilal Al-Taan told Shafaq News that 93% of Iraq’s budget is tied to oil, and any significant drop threatens revenue stability. He urged the government to revive the agricultural and industrial sectors to reduce imports and limit the outflow of hard currency,


 calling for the identification and removal of “ghost employees” from state payrolls and cutting unnecessary expenditures.

To avoid a crisis, he suggested internal borrowing from banks or the central bank. “If that’s not enough, Iraq will be forced to seek external loans, risking renewed debt burdens,” he pointed out.


Prime Minister Mohammed Al-Sudani’s financial adviser Mudhir Saleh revealed that salary-related spending accounts for about 65% of Iraq’s total budget, with wages alone costing around 62 trillion dinars ($47.3 billion) annually.

“Trump’s tariffs reflect deeper US inflation and could trigger a global recession, which will push oil demand and prices even lower,” he stated, noting that while Iraq can manage salaries with oil at $50–55 per barrel, anything below that would severely strain public finances and delay investment projects.

Fnu Lnu: Response to Guru Mnt Goat , 6 APRIL

  Fnu Lnu   Response to Guru Mnt Goat 

  UST, sourced...Iraq will be using the dollar just as they always have as the USD is how OPEC nations buy and sell oil. 

 It is unavoidable. The auctions have not stopped...They will sell USD and use USD to pay for goods and services they get from the United States. That's what reserve currency accounts are for. This is basic International trade protocol.

Mnt Goat 

  ...I do not believe for one second, they intend to use the US dollar anymore for trade in the near future, actually they just told us this recently, so we know it's now a FACT.

 They told us they will be using their own currency – the digital dinar. If this ain’t a WOW! I don’t know what is…lol...But how can they do this without the IQD on FOREX...

Mayhem with Mel, Shakalaka BOOM Call: Australia Rates on the Dinar is $31.42, Dong is $22.33 #iqd

 


Qasim Al-Sultani: Iraq does not suffer from a cash liquidity shortage., 6 APRIL

Qasim Al-Sultani: Iraq does not suffer from a cash liquidity shortage.

Economic researcher Dr. Qasim Al-Sultani confirmed that there are no concerns about employee salaries in Iraq, noting that the Iraqi state has sufficient cash liquidity.

Al-Sultani said during his participation in the program "Iraqi Affairs", which airs on Al-Masra TV, that through our vision of the Iraqi economy since 2003 and the building of a democratic system in Iraq, we believe that there must be an economic system that suits the existing political system in the country. He added,

 "However, unfortunately, our economic system can still be considered lame, because it is a rentier economy that relies on one source, which is oil." He stressed the need to exploit natural and non-natural resources to diversify the Iraqi economy.

Qasim Al-Sultani: The Iraqi economic system is lame.

Regarding civil servant salaries and concerns about their availability, Al-Sultani stressed that salaries are fully secured until the end of the year, despite the delay in approving the current year's budget.


He noted that the parliamentary finance committee expects the budget to be approved during April.

Al-Sultani pointed out that Iraqi governments after 2003 were unable to implement development projects, noting that the security situation that followed the regime change hindered their implementation. He also noted that the emergence of ISIS and the fight against terrorism also impacted the Iraqi economy, emphasizing that the government must now develop sound economic plans in all areas.

Qasim Al-Sultani: Employee salaries are secured until the end of this year.


Al-Sultani stressed the need to pay attention to the agricultural sector in the country, pointing out that the efforts of some political parties to provide funds to their supporters has made citizens refrain from cultivating their lands.


 He stressed the need to use scientific methods to exploit agricultural lands in light of the scarcity of rain and water, stressing the need to develop sound agricultural development plans, stressing the need for the government to work on revitalizing the agricultural and animal husbandry sectors according to the existing capabilities through which the Iraqi economy can be strengthened through the agricultural sector.

Qasim Al-Sultani: The government must now develop sound economic plans.

Regarding the lack of liquidity in the country, Al-Sultani said that some people did not understand the matter, and that a misunderstanding occurred due to the United States’ talk about not transferring the Iraqi funds it has in the US Federal Bank to the federal government. He pointed out that this is not the case and that there are contexts for dealing between the Central Bank of Iraq and the US Federal Bank. He stressed that the necessary funds are available to Iraq, and that there is nothing official regarding stopping the transfer of Iraqi funds from the US Federal Bank, nor regarding preventing the flow of gas from Iran to Iraq. He stressed that there is no fear for Iraqi funds and that liquidity is available

When the safelink website email address comes out follow instructions

 When the safelink website email address comes out follow instructions

The Powers that be have the email addresses of everyone who has bought currency or Zim.


The Chinese Elders own Wells Fargo Bank. Wells Fargo will send out an email giving us a website to go into. That website will be advertised on the Dinar Websites and in my Update. You can send that website out to others who may not get an email from Wells Fargo.


1. Go to safelink website fill out information identifying yourself


You go into the website and they ask you a bunch of questions to identify that you are you. Then they give you an 800 number to call.

2. Look for password per Bruce for QFS ACCOUNT copy it for appointment.


If no password there don't worry about it, you will make one at appointment when they open you're QFS ACCOUNT. 


3. If they send #800 number instead of safelink call number to make in person appointment. 📞📞📞📞📞📞


You cannot give out that number to anyone else as it is your personal 800 number.

You can only call it once and then it will no longer be active.

The person on the other end of the line will help you set your appointment at a Redemption Center of your choice.


4. If a safelink website email address is provided after completing identifying information and looking for QFS password to your account a #800 number should be sent to you either on website page or separate email. Call number to make in person appointment. 


5. Give zip code for area you want to redeem or exchange in when making in person appointment when you call on phone.


6. They may ask what kind of Bonds or currency you have. Tell them but not amount.  Ask any questions you may have while you have them on the phone.


7. Bring all Bonds or currency separated by country and in order from lowest to highest denominations or vise versa.


8. Have all the proof of identification required bring with you to appointment. ID, passport, birth certificate whatever you need to open normal bank accounts per Markz.

9. Bring a Royal Blue ink pen to sign paperwork. DO NOT SIGN IN BLACK INK

10. Dress comfortably


11. Leave all electronic devices in vehicle as it's been said not allowed. 


12. Bring Humanitarian Project if you have Zim. We may not get to present them and a 2nd appointment may be needed for them is our understanding

Follow the instructions provided in the email.

You may be asked to verify who you are by answering questions based on publicly available information. This process is similar to when you apply online to open a bank account or a loan.


You may be required to electronically sign an NDA (Non-Disclosure Agreement). Read carefully so you understand what you are agreeing to. The NDA is to protect you. Print a copy for your records and for future reference. At the appointment, you will be signing a paper copy of the NDA.


You may be given an 800# or a unique 800# to schedule an appointment. The number may be to a specific location or you will be giving your Zip Code, to be directed to the closest location.

When you call you may be asked if you have Zim, Currency or both. This is because not all locations will be able to redeem Zim. NEVER say how much you have, and they cannot legally ask.

Remember that bonds (Zim) is redeemed, and Currency is exchanged.

You are free to redeem anywhere inside the United States. You are not required to exchange in your home state. It is recommended that if you live in a small town, that you go far enough from home, so you are not recognized. This is for your safety. There are no restrictions if you want to go to another state. You cannot go to another country to exchange.


If you are a US citizen living abroad, check with place of exchange on what options you have available to you

FIREFLY: WHEN THE COM IS FINISHED, ALAQ WILL GIVE US THE RATE!! @DINARREVALUATION #iraqidinar

 


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