Monday, April 21, 2025

ARIEL: We Should See Iraq Make their Moves Now‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

FRANK26: "OIL PRICES PRESSURE EXCHANGE RATE !!!", 21 APRIL

KTFA

FRANK26: "OIL PRICES PRESSURE EXCHANGE RATE !!!"......F26

Oil market: Calls to reduce prices in the 2025 budget

4/17/2025

- Baghdad

Fluctuations in oil prices continue to raise concerns in Iraqi circles, given the significant repercussions for the country's economy, which relies heavily on oil.

Oil prices have fallen sharply this year, particularly over the past two weeks, after US President Donald Trump's sweeping tariffs triggered turmoil in global markets.

In mid-2023, Parliament approved a spending plan extending through 2025, assuming a price of $70 per barrel in the 2023 budget, with the possibility of price revisions in subsequent years.

In this regard, Mazhar Mohammed Saleh, the Prime Minister's financial advisor, confirmed that the estimated price of oil in 2025 will be less than $80 per barrel.

Saleh said that oil prices are a key indicator in determining the 2025 general budget revenues, but they are not the only decisive factor.

Speaking to Al-Eqtisad News, Saleh explained that the most important aspects of public finance management are the total spending ceiling and financial discipline, along with hedging against fluctuations in the oil asset cycle. He emphasized the need to adopt a cautious approach to calculating oil revenues and estimating potential borrowing levels.

He pointed out that spending priorities must be taken into account when preparing the budget, most notably securing salaries, wages, and pensions, social welfare, agricultural support, and completing development and service projects in accordance with the government's program.

The economic advisor explained that the country entered the second quarter of fiscal year 2025 amidst remarkable financial stability, which enhances the ability to implement fiscal policies efficiently and with balance.

Parliamentary and economic figures have warned the Iraqi government of a significant price drop in the coming period, prompting it to set prices appropriate to the challenges of the current phase.

In turn, MP Hussein Mounes, a member of the Parliamentary Finance Committee, confirmed that the committee had called for hedging in oil pricing since the approval of the 2022 three-year budget law.

Speaking to Al-Eqtisad News, Mounes warned of a global price decline, which is expected as a result of the repercussions of the Russia-Ukraine war, which has pushed prices to abnormal levels.

Mounes explained that the Ministry of Oil has clear indicators that oil prices are headed for a decline, noting that the stabilization of oil prices for three consecutive years within the framework of the three-year budget represents a "planning error," the repercussions of which are already beginning to appear on the economic landscape in Iraq.

He added that the current year's budget schedules have not yet been submitted to the House of Representatives, and that the House has not yet been informed of the assumed oil price that will be used in preparing the budget. He emphasized that "the current financial and economic situation requires the government to revise its oil price estimates toward a reduction, in line with developments in global markets."

Iraq is entirely dependent on oil revenues. Despite provisions in federal budgets to boost non-oil revenues, such as border crossings and tax collection, none of these have been implemented properly, and their revenues remain small and insignificant.

Meanwhile, economic expert Salah al-Moussawi warned of a future financial crisis that Iraq may face as a result of the expected sharp decline in global oil prices. He noted that signs of this decline began with the tariff crisis imposed by former US President Donald Trump.

Speaking to Al-Eqtisad News, Al-Moussawi said, "Oil prices have been on a downward trend since the crisis, and are expected to reach around $15 per barrel by 2033." He emphasized that such a decline would cause a significant decline in Iraq's oil revenues and could negatively impact the salaries of employees and retirees.

Al-Moussawi suggested that the Iraqi government adopt a hedging price for oil at $50 per barrel in the budget, noting that this price reflects the reality of the international market.

He explained that Saudi Arabia is capable of increasing its production by two million barrels per day, while the United States can increase shale oil production by three million barrels per day, which will contribute to lowering prices to less than $50 per barrel, which is in the interest of Western markets, especially Europe and the United States.

Iraq, OPEC's second-largest oil producer, exports about 85 percent of its crude oil through ports in the country's south, but the northern route via Turkey still accounts for about 0.5 percent of global oil supplies.

It's worth noting that Iraq's budget for this year exceeded 226 trillion dinars after being approved by Parliament, which is higher than last year's budget of 198 trillion dinars.

LINK

TIDBIT FROM MNT GOAT, 21 APRIL

Mnt Goat

Article: “FROM ARMS TO PROSPERITY: A EUROPEAN REPORT INDICATES THAT IRAQ IS BECOMING A TOURIST DESTINATION.”

Quote: "... the country has regained stability, and the government is working hard to attract visitors,”

Folks, it has been 20 years already and they have come a long way.

This is why I emphasize what they have accomplished in the just the last 2 years is a topper to it all and the final phase now that they are out of Chapter VII sanctions... Folks the writing is on the wall...

FIREFLY: We are linked to the world! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

Frank26: "SECURITY & STABILITY STANDS STRONG!!!", 21 APRIL

KTFA

Frank26: "SECURITY & STABILITY STANDS STRONG!!!"........F26

The Security and Defense Exhibition kicks off in Baghdad with the participation of 150 Arab and foreign companies

4/19/2025

The 13th edition of the Security, Defense, Military Industries, and Cybersecurity Exhibition kicked off on Saturday at the Baghdad International Fairgrounds, with broad international participation, led by the United States, China, and Iran.

The spokesman for the Commander-in-Chief of the Armed Forces, Major General Sabah al-Numan, told Shafaq News Agency that this year's exhibition will host 150 companies representing 20 Arab and foreign countries, in addition to 65 Iraqi companies.

He explained that the government is clearly moving towards encouraging local military production, while attracting international expertise to support the country's military manufacturing process.

Al-Naaman pointed out that the Military Industrialization Authority has witnessed a "qualitative leap" over the past few years, as it now equips most security agencies with weapons and ammunition of various calibers, in addition to other military equipment.

He considered the exhibition to be "an opportunity to exchange expertise and learn about the latest technologies from foreign companies" in the fields of weapons, ammunition, and surveillance and control systems.

The military spokesman noted that the Iraqi security apparatus "has begun to capitalize on developments in cybersecurity technologies," emphasizing that attention is no longer limited to conventional armament, but rather includes the technological dimension, which is taking "an ever-increasing place" in the national defense structure. LINK

MELANIA HINDS: IRAQI DINAR 💥BREAKING NEWS 💥 MUST SEE!, 21 APRIL

MELANIA HINDS: IRAQI DINAR 💥BREAKING NEWS 💥 MUST SEE!

Highlights

Summary

In this engaging video, Melanie Hines, a dedicated commentator on Iraqi dinar news, shares the latest important updates concerning Iraq’s political climate and the ongoing peace discussions between the United States and Iran.

Melanie references a series of significant developments in Iraq and its neighboring regions, including military actions against terrorism, crucial oil negotiations, and currency reform.

Amidst a light-hearted atmosphere with personal anecdotes, she emphasizes the importance of these geopolitical movements, suggesting they may lead to a turning point for stability and potential economic improvements in Iraq.

Melanie also teases future updates and potential live sessions, particularly as they coincide with the Easter weekend.

The discussion includes insights from several intel sources regarding Iraq’s currency reform, current military endeavors against ISIS, and the implementation of advanced technologies in securing the financial and security sectors.

She highlights the growing optimism among her sources about imminent exchange developments for the Iraqi dinar, positioning it as a unique opportunity for investors. Overall, the video is both informative and motivational, encouraging viewers to remain hopeful about the developments in Iraq.

🇮🇶 Important talks are ongoing between the US and Iran, creating a climate of potential peace in the region.
🔍 Kurdish forces are actively engaged in anti-ISIS operations, indicative of a strong counter-terrorism strategy.
💡 Advanced AI technologies are being integrated into Iraq’s banking and security systems, enhancing operational effectiveness.
📈 Optimistic outlooks from various intel sources suggest imminent changes in the value of the Iraqi dinar.
⛽ Negotiations are heating up between Baghdad and the Kurdistan region regarding oil exports, a pivotal economic concern.
🙏 Melanie emphasizes the necessity of praying for peace as a catalyst for economic growth and stability in Iraq.
👁️ Melanie hints at possible live updates during the weekend, urging subscribers to stay tuned for breaking news.

Key Insights

🌍 Geopolitical Dynamics: The indirect talks between Iran and the US, coinciding with internal operations against ISIS, underscore a pivotal moment for regional stability. The elimination of a key terrorist figure in Iran suggests a simultaneous push for internal security and readiness for peace negotiations, which could influence Iraq’s political climate positively.
🛡️ Effective Counter-Terrorism Measures: Kurdish-led anti-ISIS operations highlight a robust response mechanism to rising extremist activities. This reflects a significant commitment from local authorities to manage and mitigate threats, which should enhance public safety and support for local governance structures.
🤖 Technological Advancements: The introduction of AI technologies within Iraq’s financial and security sectors marks a significant transformation in operational capabilities. This system is designed to track funds and improve border security, representing Iraq’s commitment to modernizing its state apparatus. This advancement could not only improve internal stability but also attract foreign investment.
💰 Currency Reform Optimism: Recent discussions from intel sources indicate a strong belief in the impending realization of currency reform for the dinar. If peace can be secured in the region, this will likely facilitate necessary economic reforms, improving currency exchange rates, and potentially attracting foreign investment.
🛢️ Oil Export Negotiations: Ongoing discussions regarding the oil export agreements between Baghdad and Kurdistan are crucial as they directly impact Iraq’s primary revenue source. The fact that infrastructure preparations have been made yet financial flows have not occurred suggests underlying political or economic complexities that need resolution.
📅 Timing and Expectations: Many sources express surprise at the wait for currency exchange developments, while optimism persists that significant changes could occur shortly. The timing of such financial adjustments would depend heavily on continued geopolitical stability and successful negotiations between various regional stakeholders.
🙌 Community Engagement: Melanie’s encouragement for prayer and optimism reflects a community-driven sentiment among followers, emphasizing their shared hopes for peace and economic progress in Iraq. This underscores the importance of public morale and unity during periods of uncertainty, aligning personal aspirations with broader socio-economic trends.

As Melanie continues to engage her audience with a blend of personal anecdotes and serious political updates, her insights reflect not only on Iraqi dynamics but also on the implications for regional stability and economic opportunity. The community’s collective anticipation and investment in the positive outcomes of these developments reveal the critical intersection of politics, economics, and social dynamics in fostering growth and security.

DINAR REVALUATION