Tuesday, July 1, 2025
Iraq's trade landscape: The private sector accounts for the largest share of imports
Iraq's trade landscape: The private sector accounts for the largest share of imports.
The Central Bank of Iraq announced, on Saturday, statistics on the volume of Iraq's imports for the first quarter of 2025.
The bank stated in its statistics that "Iraq's imports amounted to $21 billion and 363 million," indicating that "imports included both the government and private sectors."
He added that "government sector imports amounted to $1.377 billion, while private sector imports amounted to $19.985 billion."
He pointed out that "government imports included consumer imports, capital imports, petroleum product imports, other government imports, and currency printing," while "private sector imports included consumer imports and capital imports." link
MARK GARRET: Mobilization Funds and Advances
MARK GARRET: Mobilization Funds and Advances
We are about to begin receiving funds from several pending cases involving the Chinese elders and the pre-releases.
We believe these funds will materialize by the end of this week.
Obviously, there are some pending distractions at the moment, but we do not believe they pose major obstacles to funding.
•••••••••••••••••••
Last night, on a call with U.S. leaders, we learned the following:
(1) The U.S. Treasury and the Department of Defense (DOD) have given the green light for payments.
(2) The platforms and sovereign wealth funds will begin making payments starting Tuesday, July 1st.
We have reached the deadline after many years of waiting and hard work.
Therefore, on Tuesday, July 1st, the primary funds deposited in major Swiss banks will be liquid and available for use.
Mark Garret
Monday, June 30, 2025
Kurdistan employees' salaries will be paid within the next two days
Kurdistan employees' salaries will be paid within the next two days.
An informed government source revealed, today, Sunday (June 29, 2025), that the federal government will pay May salaries to Kurdistan employees within the next two days.
The source told Baghdad Today, "The federal government will pay the salaries of the region's employees within the next two days, even before the oil agreement is finalized, for humanitarian purposes."
He added, "If an oil agreement is reached between Baghdad and Erbil, the audit and accounting department of the federal Ministry of Finance will review the lists sent by the regional Ministry of Finance, and within days, will release the June salaries."
He pointed out that "the federal government delegation pledged that the region's salaries would be paid monthly, along with those of employees in other Iraqi governorates, without a single day's delay, subject to the oil agreement and the delivery of 50% of domestic revenues, provided they are digitally deposited into the Ministry of Finance's bank account daily." link
TIDBIT FROM MNT GOAT: “IRAQ IS DEVELOPING PLANS TO DEVELOP ITS TRADE POLICY LOCALLY AND GLOBALLY.”
Mnt Goat
Article: “IRAQ IS DEVELOPING PLANS TO DEVELOP ITS TRADE POLICY LOCALLY AND GLOBALLY.”
Quote: "The Ministry of Trade announced plans on Saturday to develop infrastructure by digitizing services to accelerate trade and reduce costs.
While indicating that the next phase requires political will and economic stability to prepare Iraq for an effective partnership in the global economy,
the Ministry emphasized the need to strike a balance between protecting the national economy and global openness, as well as preparing for accession to the World Trade Organization."
Iraq 2026: Financial Modernization, Trade Growth & the Evolving Path of the Iraqi Dinar #iqdrate #iqd #iqdupdate
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