STATUS OF THE RV , PART. 2 BY MNT GOAT

 STATUS OF THE RV , PART. 2

😊Another article got my attention today too. It is titled “SPEAKER OF THE ARAB PARLIAMENT TO AL-SUDANI: BAGHDAD IN REALITY IS COMPLETELY DIFFERENT FROM THE MISLEADING MEDIA IMAGE.” Prime Minister Mohammed Shia al-Sudani received Arab Parliament Speaker Mohammed al-Yamahi on Sunday.

 The speaker emphasized that the reality of Baghdad differs sharply from the “misleading and negative images” portrayed by some media outlets. I have been telling everyone your perception of Iraq today may be stuck on one from thirty years ago.

 As investors we have to rise to the occasion and see reality. Iraq has changed so much in just the last couple years. If this progress continues all the prophecies about Iraq are going to come to fruition.

I am looking forward to bringing the rest of all the news and articles to you shortly… bla.. bla… bla… 

There are many more smiles coming…. Let’s all show our appreciation for the countless hours I put into this Newsletter to try to keep you updated on the progress of the reforms, telling the TRUTH about REALITY and how it all comes together to impact the next step, which is the reinstatement back to FOREX.

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

MR POOL: THE WAIT IS OVER!! : IQD: $9.35 & VND: US$5.89!! @DINARREVALUA...

International Monetary (IMF) expects a decline in Iraq’s inflation index

 International Monetary (IMF) expects a decline in Iraq’s inflation index

Shafaq News / The International Monetary Fund predicted in a report issued in April of this year the inflation index for Arab countries, indicating that Iraq will have a slight decrease in the inflation index in 2025.

According to the data seen by Shafaq News Agency, “the annual inflation index in Iraq recorded 2.6% in 2024 compared to what was recorded in 2023 of 4.4% and in 2022, which recorded 5%.”

The IMF expected that “the inflation index in Iraq will decrease slightly in 2025 to reach 2.5%, and the inflation index will rise in 2026 to 2.7% to reach 3% in 2030.”

According to the data, “Bahrain is expected to witness the lowest inflation among the Arab countries in 2025 to reach 1%, while the highest inflation will be from Sudan’s share at 100%.”

https://www.shafaq.com/ar/اقتصـاد/النقد-الدولي-يتوقع-انخفاض-م-شر-التضخم-في-العراق

STATUS OF THE RV , PART. 1 BY MNT GOAT

STATUS OF THE RV

I wish everyone enjoyed a Holy and Happy Easter week, Resurrection Sunday and the season that will follow.

No! The RV did not yet happen. The IQD is not yet trading on FOREX and certainly there were no banker’s meeting with Trump at Mara Largo to announce an RV. Yes, these are the stupid rumors once again this week. I guess the idiots will always be with us. 

Now it’s time to get down to business with the Iraqi dinar revaluation status once again. I wanted to summarize where we are now with this reinstatement. I have quite a few juicy articles about the economy and the dinar to share. One article in particular gives us some insight as to why we have not yet seen the announcement of Iraq’s full accession to the World Trade Organization (WTO).

😊The article is titled “AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.”  During his participation in the specialized workshop held by the Ministry of Trade to discuss Iraq’s accession to the World Trade Organization, Samir Al-Nusairi, Economic and Banking Advisor, emphasized the role of the banking sector in contributing to accelerating Iraq’s accession to the organization and the important role of the financial and banking sector in it. 

He pointed to the measures achieved in 2023 and 2024 by the Central Bank in cooperation with the government, mainly regarding the regulation of foreign trade financing, the electronic platform, and direct work between banks and international correspondent banks, based on the approved reform and development methodology, official data, and monetary policy indicators for 2024 and the plan for 2025 and 2026, in cooperation with international consulting companies specialized in this field, and compliance with financial globalization and international standards adopted by WTO member states.

Yes, what is holding it up? Remember the WTO did already tell us Iraq has met all the requirements. They told us this over a year ago. Does Iraq need a globally traded currency for “full accession”?

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

BROTHER TECHN: Iraq clearly has enough monetary power to buy back all their currency off the streets

 

Mr. Al-Hakim Calls For Encouraging Citizens To Deposit Their Money In Iraqi Banks.

 Mr. Al-Hakim Calls For Encouraging Citizens To Deposit Their Money In Iraqi Banks.

 The head of the National State Forces Alliance, Mr. Ammar al-Hakim, called for encouraging citizens to deposit their money in Iraqi banks.

A statement from his office, a copy of which was received by {Euphrates News}, stated that Mr. Al-Hakim received “this morning a number of Iraqi businessmen, headed by the head of the Iraqi Banks Association, Wadih Al-Handhal, and listened to their vision on reforming the banking sector in Iraq to keep pace with the state of urban and developmental progress in the country, and in all governorates.”

During the meeting, Mr. Al-Hakim stressed "the importance of keeping pace with global developments in this vital sector and linking the Iraqi banking system to the global banking system."

He called for "working to expand financial inclusion in banks, encouraging citizens to deposit their money in Iraqi banks, and turning this into a societal culture."

He pointed out the importance of granting loans to youth and the housing sector, as the latter stimulates many other productive sectors and provides job opportunities. LINK

MNT GOAT: THE BANKING REFORMS CONTRIBUTE TO ACCELERATE THE WTO IRAQ'S ACCESSION

MNT GOAT

"AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK'S APPROACH TO BANKING REFORM AND DEVELOPMENT

WORLD CONTRIBUTES TO ACCELERATING WTO TRADE

IRAQ'S ACCESSION TO THE WORLD ORGANIZATION

TRADE ORGANIZATION.

 "The World Trade Organization, Samir Al-Nusairi, Economic and Banking Advisor, emphasized the role of the banking sector in contributing to accelerating Iraq's accession to the organization and the important role of the financial and banking sector in it. - Iraq currently holds observer status along

with 21 other countries, out of 166 countries with full membership" "President of the Republic, Abdul Latif Jamal Rashid, stressed, on Sunday, that Iraq possesses enormous and diverse wealth that must be invested in supporting its economy in the best possible

way"

 Today we learn what has been holding up Iraq's full accession to the WTO. Yes, it's all about the financial and banking reforms again. Are they now getting ready to announce it?

Their words not mine....

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