JENTEL NOTES
RV NEWS-
AA Gabriel: Other tiers have been funded are in the hands of financial institutions & individuals to disperse to the people. Next is 4B. The word spreads on Wednesday USA time that rates have been made public.
Notifications come directly after.
If delays occur, they will try the next day & continue until complete.
They want the transition to 4B to complete in May.
KTFA
FRANK26: "THERE ARE 3 ZERO NOTES & THERE ARE LOWER NOTES, 2 DIFFERENT THINGS"...F26
The currency printed in Iraq is at its lowest level since a year.
6/8/2025
News-Economy
Data showed Central Bank of Iraq The value of the issued currency, "printed" in Iraq Currently at its lowest level in a year.
According to the latest data Statistics For the currency issued in Iraq In April 2025, the value of the issued "printed" currency will be 98.4 trillion Iraqi dinars, down from 99.8 trillion Iraqi dinars in March 2025.
This is the lowest value of Iraqi foreign exchange exports in two years, specifically since March 2024, when exports reached 98.3 trillion Iraqi dinars.
The value of Iraqi foreign exchange exports had risen to more than 100 trillion dinars from May 2024 until January 2025, before gradually declining to below 100 trillion dinars.
💢 Birdieorbust
I just wanted to let you know the Iraqis are using the ATMs with the lower notes - but that the rate has not been changed yet.
They are just getting them used to the lower denominatioms for now;
and the new exchange rate should be coming for them soon.
Shafaq News/ Iraq was once a pioneer in railway transport across the Middle East, establishing major railway links in the 1960s and 1970s that stretched from Basra to Baghdad and onward to Turkiye. However, today, this legacy of connectivity lies dormant.
According to transport expert Basel Al-Khafaji, decades of neglect by the Ministry of Transport have left Iraq’s railways struggling to keep up with modern standards.
“The historic rail line from Maaqal in Basra to Turkiye must be rebuilt with modern tracks to connect with the Grand Al-Faw Port, extending 400 km beyond Umm Qasr,” he emphasized to Shafaq News, warning that the failure to update this line not only erodes Iraq’s passenger transport but also hampers its potential for commercial freight traffic.
While experts point to long-term neglect, lawmakers are voicing frustration over the government's failure to translate plans into results.
Parliamentary Frustration
The Parliamentary Transport Committee has lambasted the government for failing to deliver on its transport promises. With the end of its term looming, most railway projects remain stuck in the planning stage.
Haitham Al-Zurkani, a member of the committee, argued, “Despite holding consultations with transport officials, the government has not kept its word. The Prime Minister must be held accountable for not meeting the program’s targets, which include easing transport bottlenecks and modernizing rail infrastructure.”
Al-Zurkani emphasized that Iraq’s rail network is outpaced by regional and global peers, including neighboring Turkiye and Iran. “In other countries, trains travel at 300 km/h, but we still rely on outdated lines,” he said.
He also expressed concern over the incomplete railway link with Iran, noting that Tehran has finished its segment while Iraq lags.
“Rail freight would greatly reduce the need for trucks, especially once Al-Faw Port becomes operational,” Al-Zurkani said.
Government Response
Ministry of Transport spokesperson Maitham Al-Safi countered the criticism by highlighting recent progress. He told Shafaq News that 12 railway lines have been rehabilitated over the past three years. “Last year, we opened the Saawa-Hujama project, and work is underway to complete other lines.”
The Ministry is prioritizing the Basra-Shalamjah rail project, which will serve pilgrims and travelers heading to Iran. “We have signed a contract with the Spanish firm Emathia, which is already working on demining and removing wartime remnants. We are now close to launching the project’s main construction phase,” Al-Safi asserted.
Beyond this, the Ministry is advancing the first phase of the “Development Road,” aimed at revitalizing existing rail lines and integrating them with Al-Faw Port’s operations. “Rehabilitation covers the Basra-Baghdad corridor and will eventually link northern regions,” he said.
Al-Safi also highlighted plans for a 36-km Basra-Shalamjah line, connecting to provinces including Karbala. Additionally, the government is evaluating a proposal for an 85-km suspended train project linking Najaf and Karbala.
“Several companies have submitted bids for the suspended train, and it’s now with the Investment Authority,” Al-Safi outlined.
The Ministry aims to finish detailed design work for the Development Road by year-end, after which the project will be opened to international competition.“We’re dividing the project into seven segments to attract top global firms, all aligned with Iraq’s strategic vision,” Al-Safi said.
Al-Faw Port Progress
Efforts to revive the railway system are closely tied to progress at the Grand Al-Faw Port, a flagship project designed to anchor Iraq’s economic future. Al-Safi said that significant milestones have been achieved, including the completion of five berths and the 62-km access road.
“We’re making progress on the submerged tunnel, container yards, and dredging work in the channel,” he said.
Al-Safi expected these infrastructure projects to wrap up by year-end, establishing Al-Faw Port as a major gateway for the Development Road and a catalyst for Iraq’s economic transformation. “The vision is for Al-Faw Port and the railways to work in unison, opening up new opportunities for trade and reducing reliance on road transport,” he said.
Whether Iraq’s railway can reclaim its
former glory depends not just on tracks and tunnels, but on political will, transparent investment, and a strategic shift from delay to delivery.
Fnu Lnu
Article: "Iraq's Minister of Finance, Taif Sami Mohammed, welcomed a delegation from the World Bank's Environment Section...
The talks covered key World Bank projects focused on environmental protection and improved resource management."
; They want to make Iraq a "Green Economy" which is a train wreck looking for a place to happen. Spain went "GREEN" and destroyed employment and the economy. Germany went GREEN and destroyed the ability to stay warm in winter and destroyed the economy...
Now it's Iraq's turn in the barrel unless they ignore this foolishness. This is the definition of instability.
