MNT GOAT: there will be many groupings of currencies to create new pegs!! @DINARREVALUATION #iqd

 

Planning: Iraq's Near-Total Dependence On The Oil Sector Is A Fragile Model That Must Be Abandoned.

 Planning: Iraq's Near-Total Dependence On The Oil Sector Is A Fragile Model That Must Be Abandoned.

 
Energy and Business     Iraq     oil     Basra  2025-06-17 02:36 Shafaq News/ On Tuesday, Sabah Jundi Mansour, Director General of the Economic and Financial Policies Department at the Ministry of Planning, considered Iraq's near-total reliance on the oil sector to secure the country's general budget revenues a fragile model that requires an alternative.
 
This came in a speech he delivered during a specialized consultative session organized by the Ministry of Planning titled "Maximizing Non-Oil Revenues in Iraq," 

as part of the government's efforts to address financial challenges and reduce reliance on oil resources, which constitute one of the most prominent structural challenges hindering the country's path to sustainable development.  

Mansour explained that Iraq's near-total dependence on the oil sector, which accounts for more than 90% of general budget revenues, is one of the most significant structural challenges facing the national economy.  

He added, "Recurring crises in the oil markets, particularly in recent years, have exposed the fragility of this model, necessitating an urgent transition to a more diversified and sustainable economic model."
 
The Iraqi state's continued reliance on oil as the sole source of its public budget
exposes the country to the risk of global crises linked to oil markets.
 
This forces it to cover its deficit through external or domestic borrowing each time.
 
This indicates
     a weakness in the management of public funds and
     an inability to find alternative financing solutions.    
  
https://shafaq.com/ar/اقتصـاد/التخطيط-اعتماد-العراق-شبه-الكلي-على-القطاع-النفطي-نموذج-هش-ي-فترض-مغادرته

FIREFLY: Saleh is on TV news saying Iraq is qualified to be the regional financial center

 Frank26  

 [Iraq boots-on-the-ground report]   

FIREFLY:Saleh is on TV news saying Iraq is qualified to be the regional financial center. 

 FRANK:  If you stop and think about it, Iran caused all the problems, is now gone...Congratulations you qualify as the region's financial center.   At 1310?  Really?  The whole region huh?  When you look at other counties that are $3+ and you're the financial hub at 1310?  

JENTEL NOTES: Tier 3 continues to complete. Trump has a deal to finish!! @DINARREVALUATION #iqd

 

Government And Self-Sufficiency Strategy

 Government And Self-Sufficiency Strategy

 
Economic 06/17/2025  Walid Khaled Al-Zaidi  In a world where   needs are growing,  ambitions are multiplying, and  innovations are increasing to improve the living systems of societies and expand the integration capabilities that  governments seek to revive the lungs of their peoples’ economies with more pillars of development and growth, 

especially in the issue of  resolving crises and overcoming the economic difficulties that stand in the way of living, in order to secure the factors of the safety of their programs away from isolation in sites of wasting energy and chaos in wealth management.

The most prominent form of success for governments is what can be achieved in the issue of
self-sufficiency in many important and essential elements in the structure of needs that they rely on to serve their people, and through expanding the scope of optimal investment in the available latent national wealth, in order to overcome the problem of securing it from abroad.
 
Self-sufficiency in our country in any vital sector is an ambitious and achievable goal through the implementation of innovative programs based on untapped resources and the development of ambitious plans to rise to the level of real strategies based on realistic capabilities in our generous land, 

which God Almighty has blessed with all the components of development and the foundations for improving the means of life and a comfortable living, provided there is national will, rising determination, confident steps, and a straight path towards realizing the people’s hope of exploiting their country’s wealth in an optimal and appropriate manner that spares it the scourges of crises and the problems of economic transformations that occur in the world from time to time.
 
This is evident in some of the government's current efforts, such as enhancing agricultural production, achieving self-sufficiency in some food crops, improving water resource utilization methods, and developing more efficient water management systems by rationalizing water use and preventing water waste, utilizing solar energy to power some operating systems, and reducing reliance on the national electricity system, which is produced using expensive traditional methods.
 
In another context, Prime Minister Mohammed Shia Al-Sudani emphasized that combating unemployment and employing local workers instead of importing them from abroad will provide job opportunities in the factories of Muthanna Governorate, which produce cement, in which Iraq has reached the stage of self-sufficiency.
 
Therefore, increasing the production of this material is the most prominent evidence that government work programs are aimed at securing market needs and saving the exorbitant costs that burden the country with huge sums of money by importing it from abroad, in light of the great work that Iraq is witnessing to implement service and urban projects that require various construction materials to cover local needs.
 
Another aspect of the stages of achieving self-sufficiency through exploiting the country's resources is the emergence of a national industry with various products by exploiting all the available raw materials and labor,
 
in addition to providing job opportunities for the private sector and its contribution in light of the government's openness to it as a basic partner in the issue of economic integration and ensuring it as a true partner with state institutions to carry out various production operations in light of urban and service entitlements and strengthening the government's confidence in it and in businessmen and the role of Iraqi companies to promote national industry and services in various sectors.  
https://alsabaah.iq/116105-.htm

MNT GOAT : "GOVERNMENT ADVISOR: THE IRAQI DINAR IS STABLE, BUT THE PARALLEL MARKET IS WITNESSING A SIGNIFICANT DECLINE IN THE VALUE OF THE DOLLAR."

 MNT GOAT

"GOVERNMENT ADVISOR: THE IRAQI DINAR IS STABLE, BUT THE PARALLEL MARKET IS WITNESSING A SIGNIFICANT DECLINE IN THE VALUE OF THE DOLLAR."

 "The Prime Minister's advisor for financial affairs, Mazhar Mohammed Salih, confirmed that the Iraqi dinar is witnessing remarkable stability, noting that the stability of the exchange rate represents an important indicator in financing the demand for external transfers for trade purposes at a fixed

and stable rate." 

"The Prime Minister's advisor explained that this "indicates a broad decline in the parallel exchange market during the current year," stressing that this decline "has had a positive impact on  lower inflationary expectations."

...Choo-Choo..

• An interesting ride on the RV train. It's going to be a bright, bright, bright sun shinny day!

Their words not mine.....No Rumors, No Hype, No Opinions ,....

FIREFLY: Saleh is on TV news saying Iraq is qualified to be the regional financial center #iqd