STATUS OF THE RV PART 5 BY MNT GOAT, 17 APRIL

 STATUS OF THE RV,  PART 5

😊Lastly there is one article that totally shocked me (in a good way). This one is titled “IRAQ INTENDS TO PURCHASE AND MANUFACTURE 23 CRUISE SHIPS”.Really, cruise ships in the desert. 

The Ministry of Transport intends to contract for the purchase and manufacture of 23 different vessels and boats to support the river transport sector and stimulate its movement locally and internationally as part of a plan to revitalize the sector in the country. 

The Director General of the Ministry’s General Maritime Transport Company, Ahmed Al-Asadi, said his company intends to contract for the purchase of 15 tourist boats to activate the river taxi project, in conjunction with the Ministry’s plan to develop the Corniche dock in Basra Governorate, which is currently being referred for implementation.  

Folks can you see it yet? Come ‘on! This article is the icing on the cake for today’s news. 

They must have planned this Corniche dock project for a while and are now activating it based on money from the budget. Iraq is planning a vast tourist industry. We already know about the annual pilgrimages to Iraq, as Iraq is considered the cradle of civilization.

 There are many museums and religious sites to see. The many waterways in Iraq are ideal for this project. I remember Iraq when I was stationed there from my Army days and I always said how nice it would be have peace and to be able to take a quite cruise down one of their lovely many rivers. These rivers include the Tigris River, Euphrates River and other rivers such as Diyala, Little Zab, and Great Zab also flow through the country. My point is the are no longer just riding camels…lol..lol..lol. .

So, today I am going to emphasis again that we must be patient and wait. Noone knows the date of the RV. Not even these idiot intel gurus i.e. TNT, Bruce, MarkZ, Frank 26 and an array of others. Our RV is coming but it is all attached to the reinstatement back to FOREX. This is a byproduct of all the reforms. 

Iraq is now being methodically pieced back together and the goal is to have a booming economy. Why did it take 20 years? This timespan is based on two issues. One was the corrupt past U.S. adminstrations and the inability due to Chapter VII sanctions still being in place. 

What we don’t know is exactly how far they have to go to get the reinstatement. My guess, and this is ONLY a guess is that when this Iranian issue is resolved we can expect wonderful things to occur. Heck… they told us today that by June they will have resolved the dollar crisis.

 We will not be exchanging at the rate we want until the U.S. says so. In the meantime, we will just have to suck it up and put on our BIG BOY pants and learn about our investment. The more I think about it the more I realize we would not have even wanted this RV during the Obama or Biden administrations anyhow since they would have only found creative ways to only take it from us. That’s what socialist do – Spend and tax, spend and tax.

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

Iraqi Dinar RV: The Number’s Set, Just Not Public Yet! @DINARREVALUATION...

RAFIDAIN BANK LAUNCHES OBDX SERVICE AFTER ACTIVATING ANTI-MONEY LAUNDERING SYSTEMS, 17 APRIL

RAFIDAIN BANK LAUNCHES OBDX SERVICE AFTER ACTIVATING ANTI-MONEY LAUNDERING SYSTEMS

Rafidain Bank announced today, 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 bank confirmed in a statement received by {Furat News} that “the new service has been successfully implemented with a number of government agencies, and is part of Rafidain’s strategy to provide a safe and advanced banking environment that keeps pace with global trends toward financial transparency and good governance.” 

He added, “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.” 

The launch of the service coincides with the activation of the AML and GOAML systems, which monitor and analyze transactions to prevent any suspicious or illegal activities, ensuring the bank’s full compliance with anti-money laundering and counter-terrorist financing requirements.

The most prominent features of the new service:

Advanced banking security according to international standards.

Comprehensive compliance with local and international laws.

Ease of conducting remote transactions for government agencies.

Improving banking efficiency and reducing paperwork.

Rafidain Bank continues to provide innovative digital services that contribute to the development of the Iraqi banking sector and enhance customer confidence in the national banking institution.

Rafidain launches “Internet Bank ing” service

 

Rafidain Bank announced today, Friday, the launch of its OBDX online banking service  after activating anti-money laundering and counter-terrorism financing regulations.

A statement from the bank, received by Al-Ghad Press, stated, “In a qualitative step that keeps pace with global trends towards digital transformation and enhancing banking transparency, Rafidain Bank announced the launch of the online banking service  OBDX (Online Banking Digital Experience ) after activating the Anti-Money Laundering ( AML ) and  Government Online Anti-Money Laundering (GOAML ) systems. The service has been successfully activated in a number of government agencies.”

He added, “This decision comes within the framework of the bank’s strategy to provide a safe banking environment that adheres to the latest international standards for combating money laundering and terrorist financing, as well as facilitating electronic financial transactions for government agencies.”

He explained, ” OBDX is an innovative digital banking experience that represents a qualitative shift in the way banking transactions are conducted, allowing government entities to access their accounts and conduct all banking transactions easily and securely online. This service helps expedite processes and reduce reliance on paperwork, which contributes to improving efficiency and enhancing transparency.”

The statement pointed out that “the role of  the AML and GOAML systems in ensuring compliance. In parallel with the launch of the  OBDX service , Rafidain Bank activated its Anti-Money Laundering ( AML ) and GOAML systems to ensure full compliance with international standards for combating money laundering and terrorist financing. The  AML system automatically monitors financial transactions and analyzes suspicious patterns, while the  GOAML system records and analyzes banking data to ensure it is not used for illegal activities.”

He stated that “the advantages of the  OBDX service supported by compliance systems:

Superior Security: Integrated systems ensure full compliance with international standards, enhancing the security of financial transactions.

 2. Global Compliance: The bank ensures the highest levels of transparency and compliance with international anti-money laundering laws.  3. Ease of access: Enables government agencies to conduct financial transactions easily and securely online without having to visit branches.

 4. Increasing efficiency: reducing traditional procedures and accelerating transactions while ensuring compliance with global financial laws and policies.

STATUS OF THE RV PART 4 BY MNT GOAT, 17 APRIL

 STATUS OF THE RV , PART 4 

More of the same….

😊Here is yet another article on this subject matter which is telling us that even the International Development Bank is willing to invest in Iraq.

 We usually don’t see this kind of support from a global bank unless there is serious stability in a country’s financial system. The article is titled “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. I would have to even call this a “WOW!” article.

More of the same….

😊If all this news about investors potential investors finally pouring into Iraq is not good enough for amazing news, they lets look at the article titled “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.  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.”

  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.”

So, if we are smart we don’t even had to read between the lines of what is going on in Iraq. Instead, it is blaring us right in the face. Oh boy! If you can’t see what is coming after today’s Newsletter I can’t help you. Let me explain. It took a business man like Donald Trump to see the potential in Iraq for American companies but also, which is most important, to take advantage of it. But Trump knows that before he can convince American companies to come to Iraq, he must erase the stigma of Iranian influence in Iraq. Do you get it now, why the emphasis on cleaning out Iran from Iraq all of sudden? Do you see why now? This should have been done a decade ago. I will go a step further and say it was through many U.S. administrations and BAD FOREIGH POLICIES filled with corruption that led to Iran entering and abusing Iraq in the first place. Iraq back then counted on the U.S. to help is and it didn’t. Now, like so many other issues, this must be reversed. From my Newsletter today we get a really good clear look at where the Trump foreign policy towards Iraq is going and its all VERY GOOD!

Again, I am going to also bring up the “Development Road Project”, the port of Faw and the interconnected system of roadways and rail lines being constructed throughout Iraq. What the hell do you think this is all for? You can go re-read my Newsletter dated April 3rd in the Archives for more info to refresh your memory.  

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

REDEMPTION CENTERS ARE ACTIVE!! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar #iraq

 

WITH THE PARTICIPATION OF 1,200 LOCAL AND FOREIGN COMPANIES, THE BABYLON BUSINESS AND INVESTMENT FORUM KICKS OFF., 17 APRIL

WITH THE PARTICIPATION OF 1,200 LOCAL AND FOREIGN COMPANIES, THE BABYLON BUSINESS AND INVESTMENT FORUM KICKS OFF.

The Business and Investment Forum kicked off in Babil Governorate today, Saturday, with the participation of 1,200 local, Arab, and foreign companies, showcasing 450 investment opportunities in various sectors.

An Iraqi News Agency (INA) correspondent said, “The Business and Investment Forum kicked off in Babil Governorate, with the participation of 1,200 local, Arab, and foreign companies, showcasing 450 investment opportunities in the electricity, industry, tourism and antiquities, agriculture, and transportation sectors.”

He added, “The forum was held in the presence of the Chairman of the Military Industrialization Authority, the Governor of Babil, the Chairman of the Provincial Council, three governors from the Islamic Republic of Iran, in addition to representatives of American, German, and international companies, and a number of members of the Iraqi Council of Representatives.”

STATUS OF THE RV , PART 3 BY MNT GOAT, 17 APRIL

 STATUS OF THE RV , PART 3

😊Take a peak at the news in article titled “MP: JUNE WILL MARK THE END OF DOLLAR SMUGGLING IN IRAQ”. A member of Parliament Majid Shingal confirmed on Sunday that June will witness an end to dollar smuggling operations, noting that strict oversight will be imposed on the funds of companies, politicians, and influential people.”  

“Our transfers are currently considered dollar smuggling, but the situation is now better. I believe that in June, regular correspondence will be adopted, which will significantly reduce smuggling, and may even lead to its near disappearance.” 

If you remember last December 2024, the correspondent bank transfer process was put into effect. This eliminated 95% of fraudulent payments. Ali Al-Alaq told us this was an acceptable level, however the U.S. did not agree. They are now talking about a way to get rid of the other remaining 5%. Back in December Iraq was only working with 4 major correspondent banks. Now they have agreements with dozens. This is how they are able to make this claim. However, this is not the entire story to RV but a piece that needed to be resolved. I just don’t want to lose sight of what is really happening. Please do not bench mark June for an RV! I am not saying this is a target.  

😊In the article titled “WITH THE PARTICIPATION OF 1,200 LOCAL AND FOREIGN COMPANIES, THE BABYLON BUSINESS AND INVESTMENT FORUM KICKS OFF” we see yet another investment forum occurring. Will this one be successful? The Business and Investment Forum kicked off in Babil Governorate last Saturday, with the participation of 1,200 local, Arab, and foreign companies, showcasing 450 investment opportunities in various sectors. I believe it is different this time and Iraq will attract investors.

More of the same….

😊So, here is yet another article titled “AL-MASHHADANI TO THE AMERICAN DELEGATION: THE UNITED STATES IS ONE OF IRAQ’S MOST IMPORTANT STRATEGIC PARTNERS”.  

Just last week, an economic delegation from the American Chamber of Commerce met  at the Presidential Palace in Baghdad, Speaker of the Iraqi Parliament, Mahmoud al-Mashhadani, received the Chargé d’Affaires of the US Embassy in Iraq, Daniel Rubenstein. Rubenstein was accompanied by a large economic delegation from the US Chamber of Commerce, including representatives of 57 American companies, headed by Lotus Steve, and a number of company presidents and investors. The meeting was held as part of the US Chamber of Commerce’s economic conference in Iraq.

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