Iraq Prepares 97 Industrial and Agricultural Projects

 As part of preparations for the Iraq Investment Forum, scheduled for 14-15 June in Baghdad, the Operations Room of the National Investment Commission (NIC) held an extensive meeting to review investment opportunities submitted by the Ministries of Industry and Minerals and of Agriculture.

97 Strategic Opportunities

The review covered 97 industrial investment opportunities worth an estimated 4 trillion Iraqi dinars. These include:

• Rehabilitation and development of public sector companies into profitable entities via strategic partnerships with the private sector .
• Establishment and expansion of industrial and economic cities.
• Projects in petrochemicals and fertilisers.
• 21 targeted opportunities in heavy and medium industries.

In the agricultural sector, promising investment opportunities include:

• Crop and livestock production.
• Modern irrigation systems.
• Agricultural mechanisation.
• Development of food processing and packaging complexes, supporting food security and value-added outputs.

The NIC emphasised the importance of aligning the national investment map with state priorities in productive sectors and food and industrial security. The Commission called for streamlined investor procedures in coordination with relevant ministries to ensure the readiness of projects before their presentation at the forum.

The meeting was attended by members of the NIC Operations Room, representatives from the Iraqi Economic Council, and officials from the sectoral ministries.

(Source: NIC)

DINAR IRAQ RV STATUS: : PM Sudani Makes Historic Live Announcement - Dinar RV Just Got Real (Iraqi Dinar News Today 2025)

 DINAR IRAQ RV STATUS : PM Sudani Makes Historic Live Announcement - Dinar RV Just Got Real (Iraqi Dinar News Today 2025)

Highlights

• 💰 The revaluation of the Iraqi dinar is officially confirmed and live, ending years of speculation.
• 🏗️ Strategic reforms—combating corruption, rebuilding infrastructure, and strengthening financial institutions—paved the way for this milestone.
• 🌍 The revaluation is a geopolitical statement, signaling Iraq’s rise as a global economic player, not just a developing nation.
• 📈 Increased purchasing power and investor confidence are reshaping Iraq’s domestic economy and banking sector.
• 💡 The shift inspires economic optimism in Iraqi citizens and the diaspora, encouraging reinvestment and long-term planning.
• 🔄 Other post-conflict nations are observing Iraq’s approach as a potential model for economic recovery and transformation.
• 🌱 The revaluation unlocks opportunities for diversification beyond oil, promoting growth in technology, education, and healthcare sectors.

Key Insights

• 💹 End of Speculation: The transition from myth to reality
  The revaluation of the Iraqi dinar demonstrates the power of persistent long-term economic planning overcoming decades of skepticism. What many considered a “one day away” theoretical event evolved into a live and publicized shift, illustrating how patient structural reform combined with political will can yield decisive financial outcomes. This transition also marks a critical moment for Iraq to reframe its narrative from a country mired in instability to one poised for sustainable economic viability.

• ⚙️ Economic Reforms as the Foundation of Revaluation
  The video highlights the extensive behind-the-scenes reforms necessary before a currency revaluation could be credible. These included rooting out corruption, investing oil revenues judiciously, strengthening gold reserves, and reducing debt. Quietly but decisively, Iraq stabilized its banking sector by auditing reserves and aligning with international standards, laying groundwork that made a successful revaluation possible. It affirms the idea that currency strength must be backed by real economic reform and institutional discipline rather than mere market speculation.

• 🌐 Geopolitical Impact and Regional Repositioning
  The revaluation signals Iraq’s intention to depart from the role of a peripheral developing economy and assert itself as a strategic player in global markets. A stronger dinar translates to enhanced leverage in trade negotiations, oil contracts, and bilateral agreements, reshaping regional economic dynamics. Iraq’s currency now embodies not just monetary value but also national sovereignty and geopolitical agency—a meaningful repositioning with the potential to influence regional economic plans and partnerships.

• 👪 Domestic Socioeconomic Effects: Empowering Citizens
  For everyday Iraqis, the revaluation has immediate and tangible benefits—improvements in purchasing power, increased confidence in the financial sector, and a shift toward greater banking participation. The psychological uplift from owning a valued currency fosters a culture of savings, investment, and entrepreneurship, breaking cycles of economic uncertainty. The narrative spotlights how currency value can shape societal attitudes and aspirations, motivating individuals to pursue education, innovation, and long-term economic engagement.

• 🌏 Diaspora Engagement and Economic Revival
  The global Iraqi diaspora plays a crucial role in this transformation. Historically sending remittances and investing from afar, they now face greater incentives to return or reinvest with improved currency stability. The revaluation transforms remittance flows and international investment into more potent forces for rebuilding Iraq, bridging emotional ties with practical economic benefits. This underscores how currency policy can influence not only economics but also social cohesion and national regeneration.

• 📉 Financial Markets and Investor Perception
  The shift in perception from risk to opportunity has profound implications. As analysts revise models and ratings agencies improve Iraq’s outlook, foreign direct investment is expected to increase—not from sympathy but genuine interest in Iraq’s growth potential. This demonstrates how perceptions built on credible reforms and currency stabilization can catalyze inflows of capital, which are crucial for diversifying an oil-dependent economy and stimulating innovation and infrastructure development.

• 🚀 Currency as a National Identity and Strategic Asset
  The revaluation is portrayed not just as a monetary reform but as a bold statement of identity and national pride. It reflects Iraq’s belief in its own stability and growth potential, signaling a break from past dependency and external narratives. With a stronger currency, Iraq gains strategic freedom to negotiate globally from a position of strength, resist economic coercion, and protect sovereignty. This demonstrates the intrinsic link between currency value, national morale, and geopolitical autonomy, reinforcing that economic independence is central to political and cultural self-determination.

In conclusion, the Iraqi dinar’s revaluation marks a historic economic and cultural turning point for Iraq. It is a testament to the power of determined reform, national resilience, and strategic vision. This transformative moment goes well beyond currency valuation—serving as a beacon of hope and proof that even nations emerging from prolonged instability can reclaim their financial destiny and rewrite their future prospects with sustained effort and unity.

IRAQ BOOTS ON THE GROUND: The exchange rate reform is officially enabled!! #iraqidinar #iqd

 

Iraq Drops To 29th Place Among Countries With The Highest Gold Holdings In The World

 Iraq Drops To 29th Place Among Countries With The Highest Gold Holdings In The World

Sunday, June 8, 2025 | Economic Number of readings: 34   Baghdad / NINA / Iraq dropped one place in the ranking of countries with the largest gold reserves in the world.

The World Gold Council stated, in a table, that "Iraq ranked 29th out of 100 countries listed in the table, after it was ranked 28th globally, and ranked fourth in the Arab world after Saudi Arabia, Lebanon and Algeria."

It added, "Iraq's gold holdings amounted to 162.7 tons, representing 12.9% of its total other reserves."

The table indicated that "the United States of America tops the list of the largest gold holders in the world, followed by Germany, then Italy, while Iceland and Tobago came at the bottom of the list." / End

https://ninanews.com/Website/News/Details?key=1232246

TIDBIT FROM FNU LNU

 Fnu Lnu    

Article quote:  "Iraq's financial sector has faced challenges in expanding its customer base and has experienced limited banking penetration, leaving a large portion of the population unbanked and dependent on informal financial systems."

  When we hear glowing reports about the Digital Dinar, as hopeful as they may sound, one must contrast the reports with reality.

  That  reality is that only 20% of the population is actually banked. The Dinar is NOT digitized...YET.  The system is not designed YET nor is any of it implemented...YET.

  The snip above is from a much larger article which outlines all the difficulties involved. It does not include any talk about an RV as is the case with all the financial information I digest every week.

WALKINGSTICK: For them to make this report is very good for what we're looking for!!! #iraqidinar

 

What Are The Reasons For The Decline In The Value Of The Issued Currency Printed In Iraq?

 What Are The Reasons For The Decline In The Value Of The Issued Currency Printed In Iraq?

Economy |  08/06/2025   Mawazine News – Baghdad   Data from the Central Bank of Iraq (CBI) shows that the value of Iraq's issued currency (printed) is currently at its lowest level in a year.

According to the latest statistical data on the currency issued in Iraq in April 2025, the value of the issued currency (printed) amounted to 98.4 trillion Iraqi dinars, down from 99.8 trillion Iraqi dinars in March 2025.

This value of money issued in Iraq is the lowest in two years, specifically since March 2024, when the issued currency reached 98.3 trillion Iraqi dinars. https://www.mawazin.net/Details.aspx?jimare=262289