DINAR REVALUATION

Sunday, June 29, 2025

MNT GOAT: WHAT TOLD ME MY CBI CONTACT HOW WILL ARRIVE OUR RV ‪@DINARREVALUATION‬ #iraqidinarinvestor

US Firm Wins $118m Iraq Defense Contract

Colorado-based Vectrus Systems LLC [V2X] has been awarded a $118,020,690 cost-plus-fixed-fee undefinitized contract action, for base support services in support of the Iraq F-16 program.

This contract provides for base operating support, base life support, and security services. Work will be performed at Martyr BG Ali Flaih Air Base (formerly Balad Air Base), Iraq, and is expected to be completed by 30th November, 2026.

According to a statement from the US Department of Defense:

"This contract was a sole source acquisition as requested in a Letter of Request and agreed to in a Letter of Offer and Acceptance. FMS funds in the amount of $57,830,138 are being obligated at the time of award. The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8630-25-C-B017)."

(Source: US Dept of Defense)

Weekend Coffee with MarkZ. 06/28/2025

Weekend Coffee with MarkZ. 06/28/2025

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: Happy Saturday to everyone

Member: Good morning Patriot visionaries and Dinar faithful!!! I have a feeling this is our last Saturday waiting for our blessing

MZ: We spend the first 45 minutes with the CBD gurus and then on to the news of the day.

MZ: I did finally get in touch with one of my redemption center/wealth management folks ….He was told they are not working this weekend but be in early on Monday…. They were told to enjoy the weekend because they would be working some very long hours over the next 2 weeks.

MZ: I hope that means us.

MZ: From Iraq there have been some breakthroughs…..especially on the Baghdad/Erbil issues.

MZ: “ Economist: Iraq loses one billion dinars a month due to smuggling of the region’s oil” the Erbil/Baghdad agreement would stop this.

MZ: “ Imminent agreement between Erbil and Baghdad to re-export the region’s oil and settle the salaries of the employees” looks like they are finally taking care of the “elephant in the room” and stalling us. They are expecting a agreement in the coming days.

MZ: “After the technical delegation . A political delegation from Baghdad awaits arrival in Erbil to end the outstanding files” We are expecting a busy few days in this upcoming week. To me today is a pretty exciting news day.

MZ: The last obstacles appear to be getting out of the way.

MZ; “Departments to stop taking cash in two days. Fifteen million Iraqis are without an electronic card” the government of Iraq is going cashless. From now on folks will not be able to use cash to pay for government services. In the past there was too much cash disappearing from greedy government officials. This has made a massive difference in their revenue.

MZ: This is part of the white paper reforms they wanted to get under control before they raised the value of their currency

MZ: “Iraq’s printed currency at lowest level in a year” they are down to under 100T. .

Member: Many rumors that IQD gets a new rate Monday?

Member: Monday would be sweet.

Member: The 1st is also a great day for the rate!! That is Tuesday and the first day of the third quarter.

Member: PNC Bank just issued a late night notice to their staff regarding the Dinar and Dong

Member: Mr. Cottrell was informed we are quite close. He stated this yesterday.

Member: I’m looking forward to seeing how this plays out….It’s been one hell of a journey.

Member: Hope everyone has a wonderful weekend. And hope this is our last weekend broke.

Walkingstick :they're redoing all contracts in Iraq because there will b...

IMF: Iraq should Simplify Access to Foreign Exchange

By John Lee.

The Central Bank of Iraq (CBI) has issued a press release claiming extensive praise from an International Monetary Fund (IMF) mission, led by Jean-Guillaume Poulain, following meetings from 4th to 13th of May, 2025.

Flour factory

The CBI statement, widely reported in local and international press, cites the post-meeting report from the IMF, which Iraq Business News publicised here. The report takes a more nuanced view of achievements to date.

It does, however, commend the CBI for the successful transition to the new trade finance system, saying:

" Trade finance is now fully processed by commercial banks through their correspondent banking relationships.

"This has also supported the recent decline in the spread between the official and parallel market exchange rates.

"Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access."

Original report from IMF.

Press release from CBI. [Arabic]

(Sources: CBI, IMF)

WALKINGSTICK: AKI UPDATE: I have to go back because we're waiting for the new rate

Walkingstick

[Iraqi Bank friend Aki update]

AKI: Three meetings. The last meeting lasted two hours. My boss tells me, 'I need you back at the bank [In Dearborn Michigan] this Monday because we are waiting on the new exchange rate. '

I have to go back because we're waiting for the new rate.

WALKINGSTICK: That's the only thing they're waiting for. They already got all the banking software in place, ATM machines, the bank structures, all the bank regulations are set..