The Investment Commission Announces Details Of The First Investment Forum In Iraq.
Buratha News Agency1902025-06-10 The National Investment Commission (NIC) announced details of Iraq's first investment forum on Tuesday, noting that the forum has strategic objectives to accelerate economic development. NIC Chairman Haider Makiya told the official news agency, "The upcoming investment forum, organized by the commission, is the first of its kind since its establishment, and has strategic objectives to accelerate economic development in the country."
He added, "The forum seeks to introduce the 141 available investment opportunities, all of which have received official approvals and are ready to be presented to local, Arab, and foreign companies." He explained that "the opportunities
cover diverse sectors, including industry, housing, renewable energy, communications, pharmaceuticals, agriculture, and others."
He added, "The forum aims to attract the largest possible number of foreign and Arab companies to participate in infrastructure projects in Iraq, in addition to introducing international expertise to quality projects, in line with the investment law that requires the employment of skilled and unskilled Iraqi workers in projects."
Makiya pointed out that "the event will be attended by more than 300 international entities, including countries and companies, representing a historic opportunity to showcase Iraq's investment potential." https://burathanews.com/arabic/economic/461151
Wednesday Coffee with MarkZ , joined by Andy Schectman. 06/11/2025
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
Member: Good morning Mark Z, all the great Mods that make it go smoothly, and all the patriots here. Today is going to be a blessed day !
Member: Hi Mark- any news of the RV overnight? Or bonds? Or Anything?
Member: Nader is saying the dinar didn't revaluation in country and also said they're not ready yet?
Member: some people had said the IQD already revalued in Iraq.
MZ: It did not….not yet.
Member: IQD is not on forex yet. When the budget is approved will it go on forex?
MZ: Its already on forex just can’t be traded yet. It still has restrictions.
Member: Sure seems like the Iraq Investment Forum this weekend would be a great event to announce new monetary policy. Would help with investor confidence.
MZ: It would be a great time to celebrate it. Iraq will launch 150 investment opportunities there in 12 sectors. These are all ready to go….pre-approved economic opportunities in Iraq. In agriculture, oil, gas, manufacturing ect……
.they are exploding in growth as they diversify their economy.
MZ: “Parliament awaits the arrival of the budget tables” they have not arrived yet. But we were told it would be mid to late week before we saw them. They may hold a extraordinary session to end this file urgently and get it passed.
Member: knowing Iraq…half of parliament won’t even show up.
MZ: There is a lot of chatter in Iraq. Here is one we need to watch because of the the timing . We are seeing some correlation between stablecoin and the digital dinar. With a potential rate of up to $3.22. But I still think it will be higher .
MZ: There is a major push from the US to get oil flowing again from the Kurdish region. Surprisingly there is pressure from UN members as well.
MZ: So we have the Economic investment forum happening the same times as the 4th meeting with the WTO. “Preparation for the 4th meeting of the ascension to the world Trade organization” this is a negotiation meeting. Iraq has met all their obligations. They are also expected to have an international rate with no sanctions or restrictions on the dinar. This is huge.
MZ: “Chairman of the Ports Authority: Revenues of the first 5 months of this year exceeded one trillion dinars” this is their development road project starting at the port of Faw. They are just getting started but this is the beginning of a “gold rush”
Member: Iraq is giving new meaning to "covering all the bases"!!
MZ: “ Thomas Massey introduces a bill to audit America’s gold reserves” Massey is a Kentucky law maker and has introduced a bill to audit the gold reserves of the United States. We will watch this one as it moves through the system.
MZ: I am told by folks in DC that it has received wide support.
MZ: “Trump says China deal is done- “ this one is enormous.
MZ: Bond folks are relatively quiet
Member: With the bonds being Quiet..Maybe that means that they signed a nda? Or Are you being told to not speak about certain things. Essentially landed on to zip it?
Member: I wonder will the riots move the EAS and RV forward or stall it?
Member: My gut feeling is martial law may begin on Saturday...
Member: So much happening-- good & "not so good"!!
Member: 3 days to June 14 ... while others are expecting chaos I'm expecting a major Breakthrough
Member: Hopefully it will all be done by July!
Member: I have a feeling everything will just all of a sudden happen at once.
Member: happy birthday to everyone that has one today
Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information and opinions
An Expert Reveals The Reasons For The Dollar's Decline In Iraq.
Time: 2025/06/10 18:06:13 Reading: 735 times {Economic: Al Furat News} Economic expert, Duraid Al Anzi, confirmed that the decline in exchange rates in the country is primarily due to the lack of foreign currency transactions in trade with neighboring countries, in addition to the collapse of these countries' currencies against the US dollar.
Al-Anzi explained to Al-Furat News Agency, "This situation negatively impacts desire and increases demand for the dollar, which prompts governments in neighboring countries to reduce imports to Iraq."
He pointed out that "the local market is witnessing an abundance of many local products, which reduces the need for black market traders to demand dollars." LINK
So, again more...talk...about some $2 rate in the country of Iraq and rolling out the newer lower denominations.
I can guarantee you that...There is NOT $2 rate in Iraq. They are still using the official CBI rate of 1320.
This is also bullshit about lower denominations being out in Kurdistan or elsewhere...
Trust me, when the CBI does bring out the newer lower denominations, articles will proceed it in the news.
..
My CBI contact has told me months ago that the news articles are already designed and ready to go, given the proper timing. It is not yet! It will not be and cannot be some secret information only told to a few.
...I have a contact that works directly on this project to delete the zeros in the CBI and I would know if any new rate comes out.
😊Didn’t all the past and present directors of the CBI tell us so many times they needed STABILITY and SECURITY to conduct the switch out of the currency to the newer lower denominations?
In an article today titled “IRAQ TO BECOME “A MASSIVE SUCCESS STORY” they told us that “Iraq is experiencing unprecedented stability and security, creating significant opportunities for international businesses, according to Abir Burhan, Company Director of Al-Burhan Group (ABG), speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London.
Burhan outlined. “We’ve been through the worst of it, and we finally see that Iraq is becoming really stable and secure,” he told delegates.
Okay so now I would consider statement like this would more this currency reform ahead. So where is it? Remember that for the last six months all we have heard Iraq bragging about how rich they are. Of course this is all to attract more investors. It is exponential. They want to grow their economy.
So, then with my CBI contact, I wanted to move on to our dinars outside Iraq.
I asked how are they going to retrieve our dinars?
She replied let’s not get the horse before the cart. First things first. She said the CBI needs to get through this first initiative and this is why the CBI is moving ahead now with the mandatory all-electronic payment deposits ONLY.
She said there is almost no way this new initiative can’t work and be successful.
The CBI controls the salaries payments
.
But we all know Iraq and they always find ways around it. I asked how long would this take? She told me it begins early July.
To gauge success, they must get through multiple months of payroll, then see remains in the banks and what new currency is deposited. Oh… that makes sense to me.
This may force many to even take their stashes of cash and use the cash in the marketplace, if they neglected to get a card. Either way the banks are going to get the cash, she said.
Many of the 25% of the citizens still didn’t trust the cards or they forgot to get their cards. They will remember when they have no money….lol..lol.. she laughed. They are going to force the citizens to depend upon the banks, like it or not.
Remember that they will also still have ATMs, which we were told were pivotal for the Project to Delete the Zeros and now I also can see why this is the case.
I hope all my readers also see it now too. It is all coming together and making total sense. The CBI said cash will still exist, but very limited.
Another point to make is the CBI is being VERY CLEAR on their stance that the Iraqi dinar (IQD) is not going to be a crypto currency. You can read the article for yourselves titled “CRYPTOCURRENCY ECONOMICS FOR IRAQ”. In the article it talks about cryptocurrency as a modern economic phenomenon. Cryptocurrency is unique in that it is outside the control of central banks, as it is not included in the “currency issued” by those banks, nor is it even outside the control of governments,
consequently, monetary policy will face challenges in its ability to control inflation rates.
The statement by Counselor Prof. Dr. Mazhar Mohammed Saleh regarding the Central Bank of Iraq’s intention to issue a digital currency has sparked considerable public confusion. The concept has been interpreted as referring to the currency as being similar to the aforementioned cryptocurrencies. This is incorrect and not intended. Rather, it is an alternative to the established paper currency, and as such, it will be subject to the same controls as paper currency.