Sunday, June 15, 2025
Mazhar Saleh: The Government's Hypermarket Strategy Has Enhanced Market Stability And Reduced Inflation.
Mazhar Saleh: The Government's Hypermarket Strategy Has Enhanced Market Stability And Reduced Inflation.
Time: 2025/06/14 12:02:55 Read: 1,080 times {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed today, Saturday, that the government's trade policy, after adopting the semi-cooperative markets (hypermarkets) strategy, has represented an important development in the price defense policy against financing trade from the parallel exchange market currency, and has created sustainable and stable competitiveness in the pricing system.
Saleh explained in an interview with Al Furat News Agency, "This effective trade policy has led to the regularity and stability of the national market, particularly in the stability of the consumer price index, which is one of the pillars of measuring inflation in the country."
He pointed out that "the country is experiencing a significant decline in its annual inflation rate, coinciding with the approaching completion of the first half of this prosperous year." LINK
TIDBIT FROM MILITIAMAN
Militia Man
We're invested in the Iraqi dinar. We have a relationship with that country in the sense of investment...These guys have been where they were based off oil in the past. They were at a significant era exchange rate.
T oday they're at 1310...a triple zero stock ~ .000769.
Keep in mind when that project delete the zeros changes the value of the exchange rate they redenominate and they add a real effective exchange rate. That's what I'm looking for.
FRANK26: "SECURITY & STABILITY... MISSION ACCOMPLISHED!!!"
KTFA
FRANK26: "SECURITY & STABILITY... MISSION ACCOMPLISHED!!!"........F26
Iraq to become "a Massive Success Story"
10th June 2025
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 how the operating environment has transformed dramatically over the past year, with the Iraqi government actively inviting international investment and reducing hostility towards foreign businesses. "We've been through the worst of it, and we finally see that Iraq is becoming really stable and secure," he told delegates.
ABG has positioned itself as a facilitator for international companies entering the Iraqi market, partnering with established firms including Menzies Aviation and Air BP to operate ground fuelling services at Iraqi airports. The company has achieved international operational standards with no reported incidents, demonstrating the viability of high-quality service delivery in the country.
"We allow companies to operate in a safe environment, to actually do their job, rather than worrying about the hurdles of dealing with the Iraqi infrastructure," Burhan explained.
The group has made substantial investments in Iraq's infrastructure over the past two years, including:
- A 300-room hotel development near Baghdad airport
- Construction of 1,200 affordable housing units in Wasit province
- Establishment of an operations centre to support international business activities
Burhan noted that ABG's security division has experienced reduced demand over the past year, which he views as a positive indicator of improving conditions. "We don't mind our security company not being busy, because we know that there are big advantages for businesses as well," he said.
The Operations Director expressed optimism about Iraq's economic prospects, predicting the country will become "a massive success story" within the next five to ten years. He emphasised the current government's commitment to attracting international investment and the noticeable improvement in security conditions.
Burhan acknowledged the pivotal role of the Iraq Britain Business Council in facilitating international business opportunities in Iraq over the past decade, describing their work as instrumental in bringing projects to fruition despite various challenges.
The comments reflect growing confidence in Iraq's business environment as the country continues to rebuild and modernise its economy following years of instability.
DINAR EXCHANGE 🔥 Israel-Hamas Conflict – No Direct Impact on IQD RV
DINAR EXCHANGE
Israel-Hamas Conflict – No Direct Impact on IQD RV
•The ongoing Israel-Hamas war isn’t influencing Iraq’s currency policies.
Iraq’s Central Bank (CBI) continues to manage the Iraqi Dinar (IQD) independently.
There are no official signals linking the conflict to any imminent IQD revaluation. #iqd
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