FIREFLY: Television is reminding us Iraqi citizens that starting July 1st all government agencies will not accept any cash payments!!!

 Frank26   

[Iraq boots-on-the-ground report]   

FIREFLY:Television is reminding us Iraqi citizens that starting July 1st all government agencies will not accept any cash payments...The government will not be dealing in any form of cash.  We're going digital.

 FRANK:  July 1st is interning.  The CBI already does not allow you to use American dollars anymore. 

 Now they're not even going to allow you to use your 3-zero notes.  They want you to go digital...

You can't use physical cash? 

 If that's true then that means the security and stability of your lower notes has been established...1310 electronically makes no sense to me.

IRAQ BOOTS ON THE GROUND: The exchange rate reform is officially enabled!! #iraqidinar #iqd

 

The Central Bank Concludes A Course On Basic Standards For Detecting Counterfeit Currency.

 The Central Bank Concludes A Course On Basic Standards For Detecting Counterfeit Currency.

 June 29, 2025  The Central Bank of Iraq's Basra branch concluded the "Basic Standards for Detecting Counterfeit Currency" course.   The course, organized by the Central Bank's Banking Studies Center, lasted three days, from June 23-25, 2025.

 The course was attended by 13 government and private banks from the southern governorates.

 It also covered key aspects related to recent developments in  detecting counterfeit currency and its      basic standards. 

For their part, the participants praised the training courses organized by the Central Bank of Iraq for their significant impact on developing their job performance.   Central Bank of Iraq  Media Office  June 29, 2025  https://cbi.iq/news/view/2921

DINAR REVALUATION UPDATE: The Kurdistan oil export deal & salary payments resumption could strengthen the Iraqi Dinar (IQD)

 DINAR REVALUATION UPDATE: 

The Kurdistan oil export deal & salary payments resumption could strengthen the Iraqi Dinar (IQD) by boosting government revenues & fiscal stability.

More oil income = less deficit pressure = potential IQD stabilization.

--

If you hold Iraqi Dinar right now you are Blessed by God but the time is getting close it seems for a revaluation.

Remember “As the Lord giveth so shall HE TAKETH away” !

10% of everything belongs to HIM including all the cattle on the hills”so don’t forget to set HIS share for Him aside first. 

Only do this if you value what He gave you! Be blessed!

Seriously give Him His first! Don’t test Him.

FIREFLY: They were working on is imminent and it will settle all disputes on oil and salaries!!

 

From The Central Bank: Initial Indications Of An Impending Economic Recession In Iraq

 From The Central Bank: Initial Indications Of An Impending Economic Recession In Iraq

 
Baghdad Today – Baghdad  Economic expert Manar Al-Obaidi revealed on Thursday (June 26, 2025) that the  Central Bank of Iraq recorded a 4% decline in total US dollar sales during the first five months of 2025, compared to the same period in 2024. He warned that this decline could be an early indicator that the Iraqi market is entering a recession.

Al-Obaidi said, in a clarification followed by "Baghdad Today," that "the Central Bank's total dollar sales amounted to $31.5 billion during the first five months of 2025, a decrease of approximately $1.3 billion compared to sales during the same period in 2024, which amounted to $32.9 billion." 

He pointed out that "the decline was primarily concentrated in cash dollar sales, which fell by 17%,
reaching only $1.3 billion compared to $1.55 billion last year, while dollar sales via the "Currency Balances Enhancement" mechanism saw a 38% increase, reaching $30.2 billion, compared to $21.9 billion in the corresponding period."

 Al-Abidi added, "The direct foreign transfer mechanism, previously used under what is incorrectly known as the 'auction,' has completely halted this year, after recording $9.4 billion in the same period in 2024." 

He explained that "dollar sales used to settle international payments via electronic cards declined from $1 billion in January to just $261 million in May, due to restrictions imposed by the Central Bank and the inability of some banks to complete settlements." 

Al-Obaidi emphasized that "this decline in sales, despite the decline in the exchange rate on the parallel market, reflects a decline in commercial demand and economic activity, which increases the likelihood of an economic recession, especially with inflation rates falling to 1.1% in April 2025, the lowest level in years."      https://baghdadtoday.news/277366-.html   

FIREFLY: They're saying right now on TV the deal they were working on [with Kurdistan] is imminent and it will settle all disputes on oil and salaries

 Frank26    

[Iraq boots-on-the-ground report]  

 FIREFLY:They're saying right now on TV the deal they were working on [with Kurdistan] is imminent and it will settle all disputes on oil and salaries.  If that is true we have a new rate because that's the only reason why there was a dispute.  

FRANK:  The only thing that can settle all of these disputes in your country is the removal of Iran's politicians which has been accomplished.  The only way to settle it now is by making money.