MAJEED: Disappearing Rates on the CBI Website ,These are often seen as pre-cursors to rate changes!

 

TO BOOST THE ECONOMY, THE INTERNATIONAL DEVELOPMENT BANK IS THE OFFICIAL SPONSOR OF THE IRAQI BUSINESS SUMMIT, 17 APRIL

TO BOOST THE ECONOMY, THE INTERNATIONAL DEVELOPMENT BANK IS THE OFFICIAL SPONSOR OF THE IRAQI BUSINESS SUMMIT.

The International Development Bank announced its official sponsorship of the Iraqi Business Summit (IBS).

The summit will be held on Saturday, April 12, 2025, in Celebration Square-stage Al-Mansour Downtown Baghdad. The summit will be held with broad participation from local and international economic institutions and investment companies.

STATUS OF THE RV , PART 2 BY MNT GOAT, 17 APRIL

 STATUS OF THE RV , PART 2

So, let looks and yet more evidence of this coming economic boom.  

😊In the article titled “RAFIDAIN BANK LAUNCHES OBDX SERVICE AFTER ACTIVATING ANTI-MONEY LAUNDERING SYSTEMS” we find that Rafidain Bank announced last Friday, the launch of its online banking service, OBDX (Online Banking Digital Experience),

 following the activation of anti-money laundering and counter-terrorism financing regulations. This step aims to enhance digital transformation and comply with international standards. 

  “The OBDX service provides an integrated digital banking experience, enabling government agencies to conduct their financial transactions electronically and with the highest levels of security, which contributes to accelerating procedures and reducing reliance on paper transactions.”

 This goes hand in hand with what the CBI has been telling us all along. That they are digitizing the banking system in Iraq. You would think they already had a similar system in place? I guess not…. Welcome to the 21st century…lol..lol… 😊 Finally !

😊In the article titled “AL-NUSAIRI CONFIRMS THAT THE COMPREHENSIVE BANKING REFORM PROJECT ANNOUNCED BY THE CENTRAL BANK WILL YIELD PROMISING RESULTS”, we find that economic and banking advisor Samir Al-Nusairi confirmed that the banking reform project is successful consistent with the methodology included and adopted in the government program and the Central Bank’s third strategy for the years 2023 and 2024.

It will yield promising results in cooperation with global consulting firms Ernst & Young, K2, and Oliver Wyman to build a transparent information base for comprehensive reform, starting with the banking sector as the first essential link in the economy. Without a sound, solid, and modern banking sector, a strong and robust national economy cannot be built. 

Al-Nusairi pointed out that among the important initial results achieved is the commencement of the completion of the actual implementation of the plans drawn up during 2025 and 2026 for comprehensive reform, which are summarized in enhancing financial inclusion and achieving stimulating and sustainable returns for shareholders and investors. 

If you can remember a decade ago how Iraq tried to get the influx of investors to Iraq and couldn’t. Why was this? We read so many articles about all their investment forums, but nothing really happened afterwards of any real significance. To answer this question we have to go back to the Chapter VII sanctions. 

Once these sanctions were “fully” lifted in December 2022, it allowed Iraq then to move at a rapid pace to put the final touches on the needed banking reforms. Once the banks are stable, and investors have a real good assure that they money is not going to be stolen (or just disappear) only now does Iraq have that stable environment to attract investors, thus we begin to see them pour in.

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

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

AN ECONOMIST PROPOSES A WAY TO TRANSFORM IRAQ INTO AN “ACTIVE REGIONAL PLAYER.”, 17 APRIL

AN ECONOMIST PROPOSES A WAY TO TRANSFORM IRAQ INTO AN “ACTIVE REGIONAL PLAYER.”

An economic expert has proposed a practical way to transform Iraq from what he calls a “field of influence” into a “power” and an “active regional player” in the worlds of politics and economics.

Economic expert, Manar Al-Obaidi, pointed out in a post on his social media account that, “At a time when countries around the world, whether allied or hostile, are rushing to win the favor of the Donald Trump administration, realizing that survival lies in distancing themselves from an administration that sees its international relations as nothing more than a means to achieve its own interests, Iraq remains a spectator to this dynamic scene.” He noted that “neighboring countries from north to south and from east to west are making direct offers to the United States, in an attempt to protect their security and stability by securing their national interests, while Iraq is often left as part of the negotiating tools rather than an actual participant in them. ”

The economic expert believes that “the use of Iraq as a bargaining chip is no longer limited to the Iranian side. Arab and Turkish parties have also entered the fray, and various Iraqi issues are sometimes managed as part of understandings or escalation deals between regional powers and the United States.”

He said: “Amidst this landscape, Iraq has a rare opportunity to transform from a mere arena of influence into an effective regional player, if it makes good use of its economic tools. One of the most prominent of these possible tools is the proposal to establish an Iraqi-American investment fund, financed by the export revenues of no less than 100,000 barrels of oil per day, sold directly to the United States. These revenues would be allocated exclusively to investment in the American market, forming the nucleus of a sovereign fund capable of generating long-term profits for the Iraqi state.”

According to Al-Obaidi, “developing this fund and enhancing its investments would create mutual economic interest with the United States and transform Iraq into a political force with regional influence, linked by long-term strategic economic relations, rather than remaining a tool in the hands of negotiators at a table to which it is not invited.”

Late Tuesday Coffee with MarkZ. 04/15/2025, 16 APRIL

Late Tuesday Coffee with MarkZ. 04/15/2025

MarkZ Update – Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Marks call was an hour later this morning

Member: Good morning Mark, mods and patriots!

Member: Mark’s plane was delayed last night. He got home very late

MZ: I did not land until almost 2AM last night…then an hour and a half drive home. That’s why we started an hour late today.

Member: Markz, thank you for having todays podcast. You look very tired but so appreciatedMember: President Abraham Lincoln d**d 160 years ago today!  And the anniversary of the sinking of the Titanic???

Member: Saturday is the 250th anniversary of the minutemen “S**t heard around the world”

MZ: It might be fun to do a history podcast on that …if we have time this week.

Member: I am hearing a lot of chatter about this weekend! It’s also a 3 day weekend.

MZ: It would be a perfect time for the RV to hit.

Member: This weekend is perfect for an RV. Saturday is the 250th anniversery of “the s**t heard round the world,” aka “the birth of American Liberty.”

MZ: On the historic bond side- I am still hearing they have made wonderful progress. I have not had an update since yesterday afternoon…..but was told they are very much on target for completing  what they need to this week in order to move forward.

MZ: My understanding of the “Move forward” part is after bonds come the groups , CMKX  Farm Claims and Prosperity Packages.  Then BAM….it’s us.

MZ: The confirmations from the bond side is a very good sign.  They expect to have enough of them done this week to move forward with the rest.

Member: Mark back in the day it was always 30% bonds need to be done before they move to the rest of us…..hope that happens ASAP.

Member: There was a big piece out of Iraq about SAMA International Exchange. They need to put 5% onto Forex at New Exchange Rate to push the Iraqi International RV. Published Iraqi AM.

MZ: I have not seen that one…but there is some good stuff coming out of Iraq.

MZ: “Budget tables on the way to the dome of Parliament”  it may arrive as early as the today the 15th. ….after it was passed by the Council of Ministers (COM)  Parliament has been surprised by the delays of getting them the 2025 budget tables….The budget was supposed to reach Parliament before the end of last month. What has been the hold ups????

MZ: Could it be because of the article from yesterday that states because of the change in oil prices they will need to “REVALUE their currency” ???  I think that is exactly why they have delayed those budget tables. They are waiting for that new rate.  That is y strong personal opinion…and also the opinions of my contacts in Iraq.

Member: TNT said the last delay was caused by waiting for Iran to sign deal. Now done?

Member: When the “New” US Dollar comes out, will we have 2 tiered pricing as value to the “Old” dollar changes

MZ: I was told we would have 90 days to exchange the old currency for the new US currency. Maybe longer.

Member: Will we still be required to request free and clear letters at our exchange for buying a house /vehicle ect???

MZ: I was told we will not need a free and clear letter because with the new financial system they will already know the source of your funds.

Member: Viet Nam found a bunch of gold to mine…

Member: With Trump’s pressure on Vietnam to revalue their Currency and China’s Xi visiting over the weekend,  Things are looking good for a RV of the VND…imo

Member: I just heard that Vietnam is ready !! They started preparing in 2020 and that by 2025 , don’t know the exact date , they will mandate International rates in 2025 !

MZ: Trump is pressuring Vietnam to revalue their currency right now….and it fits in with all the other timing. Along with the delay of the budget tables –now happening this week….it looks like they both may be going at the same time. Which is what we always expected.

Member: Well well well…priceless!! The IRS chief information officer announces his resignation on the eve of tax filing day!!What’s that tell us ladies n gents?? Good bye IRS???

Member: Thanks Mark for all you do to keep us informed.

Member: Everyone have a great day….and see you this evening……Be blessed.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

HOW IRAQ IS PLANNING TO ELIMINATE THE PARALLEL MARKET BY 2025? ‪@DINARREVALUATION‬ #iraqidinar