Saturday, May 31, 2025
PRIME MINISTER’S ADVISOR: THERE IS NO FINANCIAL CRISIS IN IRAQ AND THE ECONOMIC SITUATION IS UNDER CONTROL
PRIME MINISTER’S ADVISOR: THERE IS NO FINANCIAL CRISIS IN IRAQ AND THE ECONOMIC SITUATION IS UNDER CONTROL.
The Prime Minister’s financial advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that the circulating talk of a financial crisis in the country is “nothing more than rumors,” emphasizing the importance of hedging economic policies in light of the current international circumstances.
Saleh explained that the Iraqi economy relies on oil revenues to finance public expenditures by up to 90%, while government spending constitutes approximately 50% of GDP, which accounts for approximately 85% of total demand and economic activity.
He added, “Current indicators do not point to a financial crisis, thanks to prudent fiscal policies. However, global challenges, such as trade wars and faltering energy markets, require vigilance and caution to maintain the country’s prosperity.”
He pointed out that the oil market is entering the early stages of a price decline cycle, emphasizing that there is close coordination between fiscal and monetary policies to address these challenges through fiscal discipline and controlling revenues and expenditures, in parallel with financing measures that do not negatively impact public spending.
Saleh explained that Iraq has accumulated experience in dealing with oil cycles since 2014, and has succeeded in ensuring economic stability by providing salaries, pensions, and social welfare, supporting agriculture, and strengthening partnerships with the private sector within the government’s reform program.
He concluded by saying, “Securing liquidity to meet the country’s needs is a top priority. There is successful central financial management of this issue, and there are no current concerns in this regard.”
TONY'S INTELLIGENCE CALL, TNT, MAY 28, 2025
TONY'S INTELLIGENCE CALL, TNT, MAY 28, 2025
Summary:
1. No more RV delays. I wish!
2. We'll never have a call on a holiday again.
3. Tony had a great weekend.
4. We received a lot of intelligence over the weekend. Tony said he didn't share it because it changed every two hours. It went up and down, over and over again.
5. The intelligence went back and forth: UN, IMF, Federal Reserve, banks, etc.
6. It was a roller coaster ride all weekend. Tony said he saved us a lot of trouble by not sharing the information.
7. The RV was scheduled five times over the weekend.
8. Everything is done on Iraq's side; Everything is done by the UN, the IMF, the Federal Reserve, and the US Treasury. By "everything done," he meant countries connected, tariffs charged, and information sent.
9. There was a document, part of which was released, but no one was supposed to see it. It was step-by-step information on how we got to where we are now and the process of where we're going.
10. There were no details about what would be done or how.
11. Everything is finished, but we're waiting.
12. We're at a window waiting for notification, even as this call is being made.
13. Some people were at the bank this morning waiting to switch, but they were told to come back after 2:00 today.
14. Iraq is trying to get it approved.
15. The deadline is from today to Friday.
16. Tony expects it to be completed today.
17. Everything is ready at the banks, we're just waiting for the go signal.
18. We have a few more hours in this window.
19. The exchange rates are good. The bolivar was on the bank's screen.
20. The dinar was worth $4.41.
21. Eight hundred numbers were given to the banks, but they were for them, not us. Each bank was assigned a different number.
22. When Tony asked for information he needed to share with us, he was told they had better information than he was asking for, but couldn't get it until they gave him the 800 number.
23. A piece of advice for us: be prepared for change.
24. Tony was asked if he would accept the higher amount or the exchange rate shown on the screen. Tony said, "Why not just accept the higher amount and keep quiet for 90 days?"
25. This is a once-in-a-lifetime event."
26. All the currencies we've talked about are still in circulation.
27. Everyone says the exchange rate will be delayed today.
28. In Iraq, the exchange rate will be one to one.
29. There's nothing more to be done. Iraq will announce it to its citizens, period.
(Personal note: It's coming, it may or may not be tonight, don't be intimidated by these delays; it's going to happen.)
UNITED NATIONS: WE BELIEVE IN IRAQ’S RETURN TO ITS POSITIVE ROLE
UNITED NATIONS: WE BELIEVE IN IRAQ’S RETURN TO ITS POSITIVE ROLE
The United Nations Assistance Mission for Iraq (UNAMI) announced on Wednesday that it believes in Iraq’s return to its positive role, while stressing that legislative compliance is the primary guarantee for the sustainability of the digital transformation .
The UN Secretary-General’s Representative in Iraq, Mohammed Al-Hassan, said in statements monitored by “Mil” that “this conference represents an important milestone in Iraq’s journey towards transitioning to a state of law and institutions and positive interaction with efforts to combat money laundering and dry up the sources of terrorist financing.” He praised “the choice of the title of this session (Challenges of Arab banks in complying with international laws and legislation and ways to meet the requirements of correspondent banks), which expresses a growing awareness among financial and banking institutions that restoring confidence and the efforts of international companies require adherence to the highest standards of transparency and accountability .”
He added, “The United Nations believes in Iraq and Iraq’s return, and believes that good governance, transparency, and international transition are not just slogans, but rather pillars toward a transparent economy that interacts with the region and the world.” He praised the efforts of the Central Bank of Iraq and the Iraqi Private Banks Association for “leading this positive movement .”
Al-Hassan called for “strengthening partnerships with international and regional financial institutions, including the International Monetary Fund, the World Bank, the Financial Action Task Force, the Economic and Social Commission for Western Asia, and others, in order to build national capacities that facilitate raising standards to keep pace with global requirements and requirements,” noting that “such partnerships are accompanied by benefiting from successful experiences in a number of Arab and non-Arab countries that were able to gain the trust of international institutions and peoples by adopting profound reforms capable of integrating Iraq into the global banking system in a way that serves its national interests towards sustainable development .”
He explained that “today’s conference serves as a platform for exchanging expertise and reviewing the applications of technology and artificial intelligence as practical tools for strengthening compliance organizations,” noting that “in light of the accelerating digital transformation, technology is no longer an option but an urgent necessity. If properly utilized, it can uncover suspicious patterns, enhance the accuracy of regulatory procedures, and accelerate financial risks .”
He stressed the need for “such technological development to be coupled with a transparent legislative and legal system. While digitization offers unprecedented possibilities, legislative compliance remains the primary guarantee for the sustainability of today’s transformation .”
TIDBIT FROM FRANK26
Frank26
Do you believe it was the IMF that released those two [Forex] paragraphs?"
Yeah I do because you can trace it. You can find it...Those paragraphs are about the white papers.
The White Papers is the blueprint of the economic reform of Iraq because of the success of the monetary reform.
🚨 Breaking: Iraq Crisis, Iran Peace & RV Window Align — Is the Global Reset Finally Here? #iqd
Read also: The Global Currency Reset Is No Longer a Theory
-
A groundbreaking and irreversible shift is occurring in the global financial system as it rapidly transitions to a gold-backed structure. T...
-
Global Currency Reset: Mon. 19 May 2025 NESARA & QFS REDEMPTION EXPOSED: THE FINAL PHASE HAS BEGUN · The RV Redemption is LIVE. The fin...
-
Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!🔊 Highlights Summary Here are reports on the officially confirmed...