DINAR REVALUATION

Thursday, July 3, 2025

ARIEL : The Red Line Has Been Crossed 📈 @DINARREVALUATION #iraqidinarinv...

A phone call to refresh pockets: Al-Sudani calls Barzani, and an agreement is reached to release May salaries tomorrow

A phone call to refresh pockets: Al-Sudani calls Barzani, and an agreement is reached to release May salaries tomorrow

An informed source revealed, on Tuesday evening (July 1, 2025), that Prime Minister Mohammed Shia al-Sudani will hold a phone call with the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, within the next few hours, with the aim of putting the final touches on a financial agreement concerning the region's employees.

According to the source who told Baghdad Today, "The anticipated contact will culminate in an official understanding stipulating the release of May salaries for the region's employees, with the payments to be made tomorrow, after the Sudanese Prime Minister signs the decision directly."

He expected that "the financing will be done in the form of advances and financial transfers," based on Article (77) of the budget tables for the years 2023-2025.

This agreement is expected to help calm the tensions between Baghdad and Erbil and restore some confidence to the region's employees, who have long been awaiting payment. link

TIDBIT FROM PIMPY: "The US now appears to have activated its threat to cut Iraq from its financial lifeline."

Pimpy

Article quote: "The US now appears to have activated its threat to cut Iraq from its financial lifeline."

And how are they going to do that?

Quote " The US Federal Reserve account where nearly all of Iraqi oil export revenues flow and which finances Iraq's entire budget..."

That $35 billion Pimpy told you guys so many times, this is the account I'm talking about. No, we're [the U.S. Government] are not invested in the currency.

No, we're not magically holding on to Iraqi dinar...This is why I keep warning you guys...

FIREFLY: They were working on is imminent and it will settle all disput...

The financial inclusion rate in Iraq exceeded 46%.

The financial inclusion rate in Iraq exceeded 46%.

The Iraqi Private Banks Association noted the success of the basic requirements for implementing advanced standards in combating money laundering, based on the principle of knowing the customer and the sources of their funds.

In a press interview, Wadih Al-Handhal, head of the association, said, "The Central Bank of Iraq is moving forward in implementing compliance standards and enhancing financial inclusion in the banking sector. The Association of Banks also supports ongoing awareness-raising efforts on financial inclusion."

He added, "The Middle East and North Africa Financial Action Task Force (MENAFATF) has transformed Iraq from a grey zone to a monitoring zone, which is true evidence that Iraq has made significant progress in enhancing financial inclusion and combating money laundering and terrorist financing. "

He explained, "The need for legal legislation still exists, and we must move forward in the field of human cadres training to keep pace with the rapid digital and technological transformation in the world."

Regarding the financial inclusion rates achieved by Iraq, Al-Handhal pointed out that, “according to international standards, the current financial inclusion rate in Iraq has exceeded 46% compared to previous years, which is a very significant progress with which we seek to achieve a rate of 90-95% in cooperation with the Central Bank in the near future.

The Arab Monetary Fund is also very satisfied with this rate and is monitoring the growth of the banking sector. It considers that Iraq is implementing financial inclusion through a sound mechanism that has contributed to Iraq’s progress in ranking ahead of other countries.” link

TIDBIT FROM MILITIAMAN

Militia Man

Salaries and...the 2025 budget tables...They're hammering it out...They need to have this resolved before they integrate into the global financial system...

They're going to integrate into the global financial system.

I think they're going to need an exchange rate to do so which they haven't done at 1310 for three years. Obviously they're going to have a real effective exchange rate...