The Ministry of Finance is discussing with the World Bank the establishment of a permanent office in Iraq.
On Tuesday, May 20, 2025, Iraqi Finance Minister Taif Sami received a delegation from the European Bank for Reconstruction and Development to discuss joint cooperation, a number of economic and investment issues, and the establishment of a permanent office in Iraq.
The Ministry of Finance stated in a statement received by Al-Jabal that "the meeting focused on expanding the bank's role in Iraq during the next phase, particularly in the areas of supporting the private sector, financing small and medium-sized enterprises, and providing technical assistance to government agencies, in line with the priorities of the government program to improve the business environment and develop infrastructure."
According to the statement, the two sides discussed "the progress made in the negotiations on the Host Country Agreement, which aims to enable the Bank to establish a permanent office in Iraq, facilitate its mission of providing technical and advisory support, and expand its network of cooperation with local institutions."
Potential areas of cooperation were also reviewed, including renewable energy, transportation, and modernizing the financial sector, which would contribute to attracting investments and stimulating economic growth. link
IWFG1818: Continuation of the National Emergency With Respect to the Stabilization of Iraq
FIREFLY: Television says our foreign reserves have fallen to $100 billion from $110 billion...We'll make that up next month.
But they say we are still very safe and stable with our reserves and secure.
Frank26
Question: "Won't the black market get away when they raise the rate?"
No! The black market will be annihilated. There won't be a need for the black market. The black market is there because they're trying to rip off the Iraqi citizens.
Once you have an established exchange rate, no. 1310 is not established. It's a program rate.
Member: From another intel provider: (TS) Well folks, I have received notifications that we are in a 36-48 hour window from 3 sources. Europe, China and our Treasury.
I along with a few brokers and my bankers are attempting to confirm any one or all of these notifications.
I have never had this many indications all in the same period of time, but one notification was for tomorrow night was the drop dead timeline for this to go. Be safe, say your prayers and God bless. From 11: 48 last night. ;
MZ: That fits with the bankers looking for Wed. night through Saturday. I am just trying not to let myself get to excited.
Al-Sudani: Iraq presented important initiatives regarding digital transformation during the Arab Summit.
Prime Minister Mohammed Shia al-Sudani affirmed Iraq's commitment to continuing coordination with Nokia on Monday, noting that Iraq presented important initiatives regarding digital transformation and artificial intelligence during the Arab Summit.
The Prime Minister's Media Office said in a statement seen by Al-Eqtisad News, "Prime Minister Mohammed Shia al-Sudani received, on Monday, the Ambassador of the Republic of Finland to Iraq, Anu Saarela, accompanied by a delegation representing the executive directors of the Finnish telecommunications and information technology company Nokia."
He added, "During the meeting, we discussed ways to develop cooperation, particularly in the fields of information technology and modern digital technologies. The company's delegation provided His Excellency with a detailed explanation of its programs and plans to implement the digital transformation project and its services in the field of artificial intelligence and fifth generation communications.
"
Al-Sudani affirmed "Iraq's commitment to continuing coordination with Nokia to secure the infrastructure for the digital transformation project in government departments and institutions and across various sectors," noting that "the government has laid the foundations for legislation and laws and created centers dedicated to developing this technology and providing the required technologies."
He stressed that "Iraq presented, during the Arab Summit, important initiatives regarding digital transformation and artificial intelligence."
For her part, the ambassador congratulated the Prime Minister "on the successful organization of the Arab Summit, and the strengthening of Iraq's role at the Arab and regional levels, in addition to the government's success in providing services and implementing development projects." She emphasized that "Nokia is determined to contribute effectively to providing the infrastructure for the digital transformation project through contracts concluded with Iraqi companies." link
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
Member: Good Morning Zester, Mark, mods and everyone else.
Member: RV there yet??
Zester- Good morning to all…Pops will be back tomorrow night for the Wed. night podcast
Zester: MarkZ will be popping in to give an update now.
MZ: Happy birthday Koukla….Good morning everyone
MZ: We are getting all kinds of information….the question is what is really “solid”
MZ: Banking sources are saying now to watch between now and Saturday.
MZ: A Bond source, along with their attorneys are expecting news by 5 pm est tomorrow. I am planning on a podcast tomorrow night around 8 pm est. A short update on Whiskey and Wisdom. . I may do a short recording for tonight as I get news today.
Member: Just to be clear – a number of bonds have already been paid- right?
MZ: All I can tell you is a lot of money has been moving and in place according to paymasters, banks and bond holders. And initiated. We are waiting to see if it is spendable. Hopefully I can say more tonight and tomorrow night.
Member: Is it happening this week for t4b ? this has been dragging on long enough
Member: Mark, any further news from your Group contacts? There was some confusion last week with the Indian Nations…
Member: (From Dinar Guru) Mnt Goat I have been told years ago and this still holds true today that when the CBI is ready to conduct the Project to Delete the Zeros in-country, we will not have to guess or spread rumors about it. It will come out in the news...as all Iraqi citizens must know about this event and will know. It will be common knowledge. There is no hiding it. For us investors this is our que to know that of what comes next, the reinstatement.
MZ: That checks out. In today’s world…they will not be able to hide it;
Member: From another intel provider: (TS) Well folks,
I have received notifications that we are in a 36-48 hour window from 3 sources. Europe, China and our Treasury. I along with a few brokers and my bankers are attempting to confirm any one or all of these notifications. I have never had this many indications all in the same period of time, but one notification was for tomorrow night was the drop dead timeline for this to go. Be safe, say your prayers and God bless. From 11: 48 last night.
MZ: That fits with the bankers looking for Wed. night through Saturday. I am just trying not to let myself get to excited.
Member: Question, with Syria running forward to get reevaluated at breakneck speed after sanctions were lifted, does that mean Iraq pretty much has to revalue now?
MZ: Pretty much…Syria is hoping to be in the same basket as Iraq. It definitely appears that way.
Member: so will Iran be in the basket now?
MZ: It is sure starting to look that way. If Iraq and Syria go at the same time- think of the stability it will bring to this region.
Member: Rumor appeared that the new back wall in 6/15 due to implementation of digital sovereignty and Sudani’s resistance to revaluation?
Member: I heard late last night , Iraq got a hard Back Date of June 15th by the IMF to have it done. Or expect Sudani to resign and step down.
Member: Erbil, capital of Kurdistan Region of Iraq, has recognized among the world’s safest cities, earning a score of approximately 81/100 in the "Safety" category of the latest World Travel Index rankings.
Member: The US Treasury just shocked Americans with a $258B surplus — its 2nd biggest monthly surplus in history
Zester: I continue to be amazed as we continue to see DOGE cutting waste, fraud and abuse and at seeing a sound money policy and how quickly things are improving.
Member: After first tier of currency are done ? When will second tier of currency starts ??
Member: there are about 7 people in the world who might know the answer to that. It's possible that all countries will revalue simultaneously.
Member: Praying the money tree flourishing and ready for the picking! Come on RV!!!
Member: This is a 3 day Memorial Day weekend…..Is it the one we are waiting for???