Fnu Lnu
Conducting domestic commerce is and will continue to work with the Dinar as it is.
There is no impetus for a RI/RV...Iraq has far to go and they are making progress on may fronts but the necessity for a change in the currency/economic policy is not a pressing issue and is not being discussed...
the RI/RV is likely going to take more time and a more pressing use case must be presented. Such a necessity is not now present and it is doubtful that we will see it this year.
KTFA
FRANK26: "KURDISTAN & BAGHDAD SUPPORT THE OIL FLOW... BECAUSE THEY SUPPORT THE NEW EXCHNAGE RATE".......F26
4/20/2025
Prime Minister Mohammed Shia al-Sudani directed, on Sunday, the need to re-evaluate the licensing rounds experience 15 years after their launch, stressing the need to work to remove obstacles facing investors in the oil and gas sector.
This came after he chaired a meeting with representatives of major foreign oil companies operating in Iraq, attended by the Minister of Oil, relevant authorities within the ministry, the Board of Supreme Audit, the General Tax Authority, and the Employment Department at the Ministry of Labor and Social Affairs, according to a statement issued by the Iraqi government.
The statement noted that the meeting, the second of its kind, discussed several issues, most notably the mechanism for stopping gas flaring and its investment, the water injection strategy, and the growth of investment in the oil sector, in addition to work permits and social security.
Al-Sudani directed the need to address the obstacles impeding project implementation, stressing that the partnership with companies in this regard is strategic and represents a government priority in maintaining and increasing production rates.
The Prime Minister emphasized the goal of developing production and raising the efficiency of oil reservoir management by introducing modern technology, improving facility performance, and ending the flaring of associated gas. He also emphasized the importance of achieving optimal utilization of this gas, whether in operating power plants or supporting vital industries such as petrochemicals, fertilizers, iron, and steel.
Al-Sudani also noted that the government is working to improve the operating environment for oil companies, enhance security at various sites and facilities, and develop infrastructure. He explained that the government is looking to enter into a long-term partnership with oil companies to ensure optimal use of oil and gas resources in a way that benefits the people and achieves development goals.
Militia Man
'Investing in strategic minerals such as thorium could generate returns comparable to oil as thorium is cleaner and more important alternative than uranium.
Linking the value of the national currency to invest in the minerals depends on Iraq’s ability to enter valued added chains which contribute to raising the gross domestic product…
This boom in mineral investment will positively impact fiscal and monetary policy by enhancing monetary stability. ' That’s what they want, monetary stability…
It’s kind of a long article but it’s fascinating. Linking the value of the national currency to investment based off their natural resources I think is quite simple to understand …
The expectation is Iraq will have a real effective exchange rate and open up and integrate into the International financial system.
KTFA
FRANK26: "OIL KNOWS ITS VALUE... AND IT'S NOT 1310"......F26
Baghdad and Erbil are discussing with foreign companies a mechanism for resuming the region's oil exports.
4/20/2025
/ Baghdad
An informed source revealed on Saturday that a tripartite meeting was held in Erbil,bringing together representatives of the federal government, the Kurdistan Regional Government, and foreign oil companies operating in the region, to discuss a mechanism for resuming Kurdistan's oil exports.
The source told Al-Ahed News, "The meeting addressed the activities of oil investment companies, discussed ways to resume oil exports from the region, and listened to the views of production companies regarding the next steps."
He added, "The meeting witnessed an extensive discussion of the technical and logistical challenges hindering the resumption of exports, and the importance of coordination between all parties was emphasized to ensure positive outcomes that serve the country's interests."
It is noteworthy that a meeting scheduled to be held last Saturday in the capital, Baghdad, between the federal Ministry of Oil, the Ministry of Natural Resources in the regional government, and the Kurdistan Oil Industries Union (APIKUR), was postponed for reasons yet to be revealed.
Iraq Just Quietly Confirmed: The Dinar Is Fully Backed. The System Is Ready.
April 21, 2025.
Buried in a Shafaq News update is one of the most powerful confirmations to date:
“Iraq’s foreign currency reserves are sufficient to fully back the national currency in circulation.”
Not partially.
Not theoretically.
Fully. Backed.
That means the Central Bank of Iraq already holds the firepower to support a revalued, internationally traded dinar. No more building the foundation — it’s done.
The Prime Minister’s financial advisor laid it out clearly:
•Reserves cover three months of imports — meeting global monetary thresholds
•Exchange rate stability and external purchasing power are the final levers
•The goal is now activation, not construction
The numbers back it up:
•130.81 trillion dinars in reserves
•That’s even after a 10% drop from 2023
•And the reason for the drop? Covering domestic obligations — not weakness
Even with that, the system is still over-leveraged to support the full float or fixed rate shift the world’s been waiting for.
This tells us everything:
•Iraq has the reserves
•The CBI has the mechanisms
•The infrastructure (WTO, FX integration, digital banking) is aligning
They’re not waiting to be ready.
They’re waiting for the right moment.
The rate is alive.
The liquidity is real.
And the only thing left is the release.
https://shafaq.com/en/Economy/Iraq-s-dinar-solid-Reserves-fully-back-currency
Introduction 2026 marks a critical year for Iraq’s currency, security, and international relations . U.S. and Israeli operations have targe...