DINAR REVALUATION

Saturday, May 31, 2025

Tony's Latest Intel on Dinar Revaluation #iraqidinar #iraq #iqd @DINARREVALUATION

Mazhar Saleh: Evaluating Bank Boards Boosts The Economy And Investor Confidence

Mazhar Saleh: Evaluating Bank Boards Boosts The Economy And Investor Confidence

Time: 2025/05/29 22:07:38 Read: 1,935 times {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Mohammed Saleh, affirmed on Thursday that Prime Minister Mohammed Shia al-Sudani's directive to re-evaluate bank boards is a strategic step to support the national economy.

While noting that government reforms will positively impact the quality of banking services, he noted that modernizing their structure will enhance transparency and increase investor confidence.

Saleh said in a press statement that "Prime Minister Mohammed Shia al-Sudani's directives to re-evaluate the boards of directors of state-owned banks represent a strategic step toward restructuring the Iraqi financial system, in line with the current banking reform program.

He explained that this initiative aims to enhance banks' ability to support the real economy and achieve comprehensive development goals." He added, "The success of this step requires institutional consensus and ensuring the independence of financial decisions, in addition to optimal investment in national competencies in accordance with international governance standards."

He emphasized that "re-evaluating the boards of directors of government banks, which control more than 80% of banking activity in Iraq,represents a fundamental entry point for launching broader reforms,including digital transformation, modernizing the settlement and payments infrastructure, strengthening oversight and reducing systemic risks, as well as improving compliance with International financial and monetary standards and providing an attractive environment for investment."

He continued, "This step comes within the framework of a comprehensive study conducted by the global consulting firm Ernst & Young, which focuses on improving banking governance in the government sector, thus contributing to the restructuring of government banking entities to become more effective in supporting development, investment, and revitalizing the financial market."

Saleh pointed out that "the Iraqi financial and banking system, especially the governmental one,
faces major challenges in terms of efficiency, transparency, and ability to support economic development."

He stressed that the Prime Minister's call to reconsider the composition of the boards of directors of government banks aims to correct the course and ensure a healthy environment capable of achieving the required reforms, through the effective application of governance and transparency standards and the efficient representation of decision-makers and government banking policymakers."

The financial advisor expected that "the reassessment process will contribute to improving the speed and quality of financial decisions and enhancing risk management,

which will support the stability of the financial system and enhance transparency and accountability, thus increasing investor and public confidence." He pointed out that "these reforms will have a positive impact on the quality of banking services provided, including improved payment, credit, and investment services."

He stressed that "these measures are part of a comprehensive reform plan for the financial and banking system,
which contributes to advancing economic development by improving financial services and attracting investments, and enhancing the efficiency of financial institutions and resource management in line with the country's financial and development policies." https://alforatnews.iq/news/مظهر-صالح-تقييم-مجالس-المصارف-يعزز-الاقتصاد-وثقة-المستثمرين

JON DOWLING UPDATE

Jon Dowling

More Gold comms from President Trump! No surprise here.

Elon will be working behind the scenes most assuredly. If he’s stepping out of the limelight, that confirms the new financial system foundation is set and poured. It will be the hottest summer of our lives in a good way.

Iraq will be an international powerhouse, even Gesara himself mentioned it in his news reported today. It’s just a matter of time now and not long at this point. Western union and money gram have stopped money transfers in and out of Iraq, with sanctions imposed upon them.

60,000 new homes and infrastructure are being created in Iraq as we speak!

How is that happening with no money incoming into the private sector??

FIREFLY: They say soon the parallel market price will come to match the official CBI rate #iqd

Weekend Coffee with MarkZ. 05/31/2025

Weekend Coffee with MarkZ. 05/31/2025

Some highlights by PDK-Not verbatim

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

MZ: Good Morning- The first 45 minutes is with CBD Gurus…then the news.

Member: Good morning everyone… happy Saturday to you

Member: Its odd that there is so much quiet and so little RV news lately. I sure hope its still moving forward and not stopped.

Member: Hope Mark has some really good news today. We certainly need it.

MZ: We will talk about the conflicts and back and forth in the Kurdish region when should force the resolution on gas and oil laws and revenue sharing (HCL Law) .

MZ: I have been told for many years now that this is the final roadblock before Iraq is ready to pull the trigger.

MZ: “An expanded meeting of Kurdish parties begins in Erbil to discuss stopping funding the salaries of the regions employees” There are “all hands on deck” meetings in Erbil right now

MZ: And Saleh chimes in on the progress in the banking world “Iraq is third in the Arab world in the number of bank cards” They are embracing the digital world.

Member: Supposedly when Barzani met with Rubio- Rubio told Barzani to get oil flowing. Supposedly budget went to com (council of ministers) on Wednesday and Sudani was supposed to get it through

Member: Militia man highlighted an article last night out of the UN stating that in the coming days, Iraq would be a global banking powerhouse.

Member: re forex holding spot with imf anticipated starting rate 4.81 then float! Really hope that is real

Member: I read a rumor that Trump and Company gave them -Iraq a back wall date of June 15th to get it done , or be left behind !! He reminded them how far they have come and now it was time to go -hope that is real. !

Member: Was hearing a go for this weekend but got halted. Let’s hope we stop getting delays. I know there is a lot of T’s to get crossed and I’s to get dotted

Member: We are into June now.. any idea when we might get notified?

Member: anything new form the Vietnam dong.

MZ: Nothing new….still hearing it is going at the same time as the dinar.

Member: Any Bond or bank news ??

MZ: On the bond side and banking side still quiet- but I did have a bond contact send me a message yesterday saying that the dinar now had an official spot on forex. I don’t know what that means , but he seemed excited. Hopefully that means they are preparing for an international rate and international trade. I am waiting for more clarification

MZ: My redemption center/wealth management folks are not working this weekend.

Member: if some banks are accepting for forex amount..does that mean it is definitely extremely close ??????

Member: BANK STORY: Mom went to a Chase bank in Florida this AM. She asked the bank teller if he had seen the new money yet. To her surprise he said “YES” WooHoo

MZ: I do love that.

Member: July 1st is supposedly the deadline that banks worldwide have to be Basel 3 complient.

Member: June 14 is flag day. Supposed to be a big July 4th celebration coming.

Member: 14 days to June 14 ... it's going to be a big day ... Maybe; the Victory Flag will be waved at the Finish Line ...

Member: Any day the RV happens will be my new favorite holiday

Member: Juneteenth is a holiday for the ending of slavery and hopefully it’ll get us out of financial slavery

Member: Once the RV happens we all can start new lives. Thanks Mark for all the encouragement.

Member: I think we are in better shape than we think..closer than we think

Member: Everyone enjoy your weekend. Hopefully this is the last one where we are broke.

TIDBIT FROM MNT GOAT

Mnt Goat

I strongly believe that the CBI has broken the proverbial back of the camel, yes, the back of the parallel market...

it is evidenced in an article titled “THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.” ...

Hamid Abu Firas, owner of a money exchange company, explained...that “this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies."

Folks this statement by Firas is a “WOW!” statement. We are hearing this from a money exchanger. These are the people who want the dollar to rise not decline and so this is a very important truth he had to now admit.