TIDBIT FROM SANDY INGRAM

 Sandy Ingram  

One of the biggest concerns about Iraq's currency regarding a revaluation is the country has overprinted the money. 

 Iraq's efforts to reduce the circulation of the IQD is excellent news.

 The Central Bank of Iraq's gold reserves rose sharply in the first quarter of 2025.   A statement from the CBI said gold reserves reached IQD 21.2 trillion, which is about $16.2 billion, an increase of 19%...held in the previous quarter. 

 It added that gold reserves remains a vital component of Iraq's foreign reserves...The gold reserves do not include the over $100 billion in foreign reserves held in Iraq's accounts in the United States.

MNT GOAT: "CBI Aims for 50% of Citizens with Bank Accounts Before Revaluing the Dinar!"#iraqidinar

 

The House of Representatives will hold its first session of the second legislative term next Saturday

  The House of Representatives will hold its first session of the second legislative term next Saturday

Reciting verses from the Holy Quran

Agenda

Session No. (1)

Saturday 12/June/2025

Al-Nawar session

Affairs Department

First: Voting on the proposed law of the Iraqi Programmers Syndicate. Labor and Civil Society Organizations Committee, Legal Committee), (26) articles.

Second: Voting on the draft law of mental health. (Health and Environment Committee), (42) articles.

Third: Voting on the draft law of protection from the harms of tobacco. Health and Environment Committee), (21) articles.

Fourth: First reading of the proposed law of the Union of Private Hospitals in Iraq. Health and Environment Committee), (8) articles

Fifth: Report and discussion of the second reading of the proposed law amending the first amendment to the Law of the National Authority for Nuclear, Radiological, Chemical and Biological Control No. (1) of 2024. (Health and Environment Committee).

Sixth: Report and discussion of the second reading of the proposed law amending the third amendment to the Law on Compensating Those Affected Who Lost Parts of Their Bodies as a Result of the Practices of the Former Regime No. (5) of 2009, as amended. (Martyrs, Victims and Political Prisoners Committee).

Seventh: Report and discussion of the second reading of the draft law on the Republic of Iraq's accession to the Convention Amending the Convention on the Physical Protection of Nuclear Material (Foreign Relations Committee, Health and Environment Committee).

The session begins at one o'clock in the afternoon  link

EXCERPTS FROM MARKZ

 EXCERPTS FROM MARKZ

Member: Any Bond Updates? What's the good word for today Mark?

MZ: I got an update from one bond person late yesterday that was going into a meeting….They havn’t told me how it turned out yet though. 

Member: What are we waiting for in Kurdistan?

MZ: I believe we are waiting for the oil and gas law. 

FIREFLY: "TV Reports Iran Will No Longer Influence Selection of Iraq’s Prime Ministers" #iraq

 

Where are the 2025 budget schedules? Projects are suspended, plans are postponed, and Parliament holds the government accountable

  Where are the 2025 budget schedules? Projects are suspended, plans are postponed, and Parliament holds the government accountable

Despite more than half a year having passed since the start of the fiscal year, the 2025 budget schedules remain absent from the House of Representatives, a scene that rekindles concerns about a financial paralysis that threatens service and development projects in the governorates.

This delay comes despite the country's adoption of the "Tripartite Budget" law, which was supposed to spare Iraq the annual wait for approval of financial allocations and ensure stability in the flow of funds and project planning.

In this context, the Deputy Chairman of the Parliamentary Committee for Regions and Governorates, Jawad Al-Yasari, ruled out on Tuesday (July 8, 2025) the approval of the 2025 budget schedules during the remaining term of Parliament, holding the government responsible for the delay.

"The Iraqi government is responsible for the delay in approving the 2025 budget schedules, as it has not yet sent them to Parliament for review," Al-Yasari told Baghdad Today. "We don't know anything about them yet, and we don't believe the government is serious about sending them, which is why we rule out approving them within the remaining term of Parliament."

He added, "This delay has clear consequences, most notably the disruption of the launch of a large number of projects in the governorates, as well as the obstruction of the completion of existing projects that require financial allocations." He noted that "the government is currently content with paying salaries and outstanding financial obligations, in the absence of schedules and a parliamentary vote on them."

According to observers, the government's continued delay in submitting budget schedules reflects confusion in financial planning and a lack of a clear vision regarding spending priorities. This threatens to widen the gap between the central government and the governorates and weaken the state's ability to fulfill its service and development commitments. It also portends escalating popular discontent in some areas, particularly those that rely on investment allocations for infrastructure development and job creation, at a time when economic and living pressures on citizens are increasing.  link

Coffee with MarkZ, joined by Andy Schectman. 07/09/2025

 Coffee with MarkZ, joined by Andy Schectman. 07/09/2025

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: Gooood morning Mark, Andy Schectman, mods and fellow Patriots!

Member: Sure ready for some good RV news today!!!  Is there any?

Member: Any Bond Updates? What's the good word for today Mark?

MZ: I got an update from one bond person late yesterday that was going into a meeting….They havn’t told me how it turned out yet though. 

Member: What are we waiting for in Kurdistan?

MZ: I believe we are waiting for the oil and gas law. 

Member: Per Frank26 walkingstick said last night on his podcast the amendment is on the table and if it's signed today it will be implemented in a few days

MZ: Close to what I am hearing today. 

MZ: From Iraq: “ Iraq is the third Arab country to produce refineries”  Iraq wants to produce finished products. Iraq is up to 93.61 million barrels per day in refinery production. 

MZ: The goal with these white paper reforms is to lift the value of the dinar and restore it to its former glory…..these are their words. Iraq has made great progress.

MZ: “Iraq begins receiving European shipments and passes them through the region…Within the TIR agreement”  Today….BAM…it is live. They believe the development road project will out earn thie oil production.   I believe they will be correct. 

MZ:  “ The tourism sector in Iraq is witnessing a remarkable development. Economist reveals  the numbers” …. This is another Key part of their economic reforms to boost their purchasing power and Revalue their currency. 

Member:Do you know what Banks we will we be able to use in London? Thank you.

MZ: Pretty much all of your major banks. You should be able to use Lloyds, Barclays , HSBC. You should have tons of options. Your banks are all used to dealing with foreign currencies. 

Member: was hearing someone had a bank appointment and meeting, met and asked to come back waiting for the rate

Member: Charlie ward said yrs ago it happen on a Thursday

Member: Make Bara says we should get 899 numbers today

MZ: I have a number of sources saying that as well. I am not seeing it. Banking contacts think we are very close- just waiting on a final agreement. None of my contacts think its today…but believe it is very close. 

Member: Mark when Kuwait revalued, did those investors go through the same 800 number process to rv?

MZ: No, they did not. It was a very different age and time……no internet. 

Member: You’re not gonna need to worry about 800 numbers or anything else…. they will contact you… you will know without a doubt…… stop worrying

Member: How will we know the 800 number is legit?

MZ: I was told it will not just be one number. There will be many that lead to real banks. 

Member: Probably the number will depend on your location. Maybe different 800 numbers for different states or parts of the country?

Member: Will Dinar Recaps give us the 800 numbers?

MZ: Yes I believe they will give you numbers, options everything they can…..I will as well…..everything I am allowed to. 

Member: Should we sign up for the QFS now?

MZ: Anyone telling you that is a scam. You cannot sign up for the QFS yet…..Lots of folks on telegram trying to scam you…..do not do it. They are trying to take your money. 

Member: I wonder -what does the new banking ISO rolling out on Monday have to do with an RV?

MZ: it makes the banks safer and more secure. 

Member: You’re going to love the way this movie ends! Who’s ready for it to end?

Member: we were told that just before everything flips we, who know what's happening will be confused…. we are there now.

Member: The person who sends out positive thoughts activates the world around him positively and draws back to himself positive results.

Member: Attitude is contagious... is yours worth catching

Member:  the rv would change my attitude and latitude lol

Member: Thanks Mark and Andy….everyone enjoy your day