SANDY INGRAM: "Understanding the Delay: Why the IQD Isn’t Yet on Forex"

 

FRANK26: "1310 IS NOT A COMPREHENSIVE BANKING REFORM!!!"

 KTFA

FRANK26: "1310 IS NOT A COMPREHENSIVE BANKING REFORM!!!"......F26

Al-Nusairi: The Central Bank is leading the banking sector toward comprehensive reform, economic stimulation, and sustainable development.

7/10/2025

 

 - Baghdad
 

Economic and banking advisor Samir Al-Nusairi affirmed that the Central Bank continues to lead the Iraqi banking sector in accordance with its third strategy and its comprehensive banking reform project for the next two years, based on a continuous daily work system in cooperation with international consulting and auditing companies currently operating with the aim of achieving banking reform and moving banks to a stage of contributing to stimulating the economy, revitalizing the economic cycle, achieving economic growth, and transforming banks into a lever for sustainable development.

Al-Nusairi explained in an interview with Al-Eqtisad News that in order to motivate banks and develop banking operations so they can fulfill their duties stipulated in the Banking Law and the applicable instructions and executive regulations issued by the Central Bank, and serve the national economy and customers, it is necessary to carefully implement the reform measures outlined for them, as well as to re-review, evaluate, and classify banks.

Al-Nusairi pointed out that there are international standard criteria for classifying central banks that are agreed upon in most countries, such as controlling inflation, economic growth, monetary stability, independence, and the extent to which economic goals are achieved. Since central banks are subject to classification and since they are the ones that monitor and supervise banks, the classification of Iraqi banks must be based on international standard criteria approved in most countries, the basis of which is compliance with international banking standards, enhancing financial inclusion, encouraging competition, preventing monopoly in the banking market, providing opportunities for shareholders and investors to obtain profitable and sustainable returns, accelerating digital transformation, and a rapid transition to a solid national economy.

He explained that the reform, evaluation, and classification of the banking sector should be based on criteria of capital, assets, liquidity, profitability, and risk management. Additional programs should be adopted that are consistent with the Iraqi reality, such as approving the banks' operating results and final accounts for the last five years, focusing on analyzing assets, revenues, expenses, capital adequacy, indicators of capital investment, cash credit granted and its sectoral distribution, the return on capital ratio, return on assets, liquidity ratio, and the extent of banks' compliance with applicable banking instructions, particularly activating the national strategy for bank lending to finance small and medium-sized enterprises and applying environmental, social, and corporate governance standards.

LINK

WALKINGSTICK: AKI IRAQI BANK FRIEND: "ISO Integration Imminent: Iraqi Bank Insider Confirms July 14 Rollout"

 Walkingstick

 [Iraqi bank friend Aki update]

 Iraq has been working on the ISO for about two/three weeks now.  They're telling us it is about to be implemented...on the 14th...Aki was told to go back [to his bank in Dearborn Michigan].  He was waiting for the new exchange rate. 

 They told him don't move...We believe Aki is now working on the ISO that is about to be released.  Aki is the man in Michigan.  It's his bank.   He will test this ISO platform.

Read also: WALKINGSTICK: There are a handful of devices protecting the new exchange rate!!

..

ISO deals with many things like federal wires to speed up the transactions of International exchanges, any type of wiring. This is now moving much faster in a safer protected way.  It is scheduled to be implemented on July 14. 

CBI CONTACT: "If Citizens Don’t Deposit, the Banks Will Do It for Them"

 

FRANK26: "DON'T MAKE IT 60%"

 KTFA

FRANK26: "DON'T MAKE IT 60%"........F26

Trump: We will impose 30% tariffs on Iraq, Algeria, and Libya

7/9/2025

 

- Washington

US President Donald Trump announced on Wednesday that he would impose 30% tariffs on Iraq, Algeria, and Libya.

According to Reuters, Trump issued a series of letters regarding the imposition of tariffs on six countries, including Algeria, Brunei, Iraq, Libya, Moldova, and the Philippines.

The letters call for imposing tariffs of 30% on Algeria, 25% on Brunei, 30% on Iraq, 30% on Libya, 25% on Moldova, and 25% on the Philippines.

LINK

 

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"DON'T MAKE IT 9O%".........F26

 

Documented: Trump in a letter to al-Sudani: Iraq faces two choices

 

7/9/2025

 

 

The United States of America announced the imposition of a 30% tariff on all Iraqi products imported into the United States, effective August 1, 2025.

 

This announcement came in a letter from US President Donald Trump to Prime Minister Mohammed Shia al-Sudani.
The letter indicated that this step comes to address a persistent "large trade deficit" between the two countries, which President Trump attributed to tariff and non-tariff policies and trade barriers imposed by Iraq. The letter emphasized that the trade relationship between the two countries has been "far from reciprocal" for years.
The letter emphasized that the goal is to achieve "more balanced and fair" trade and called on Iraq to participate in the "exceptional economy of the United States." It explained that the 30% tariff imposed is "far less than what is required to eliminate the trade deficit imbalance."
The letter stated that no tariffs would be imposed if Iraqi companies decided to build or manufacture their products in the United States, with the US pledging to expedite the necessary approvals. The letter also warned that any increase in Iraqi tariffs would be added to the 30% tariff imposed by the US.

The letter emphasized that these tariffs are necessary to "correct years of Iraqi tariff and non-tariff policies and trade barriers," considering the trade deficit to be "a major threat to our economy and, indeed, to our national security."

The letter hinted at the possibility of adjusting these tariffs, upwards or downwards, based on the relationship between the two countries, and if Iraq decides to "open its previously closed trade markets to the United States, and eliminate its tariffs and non-tariff policies and trade barriers."

LINK

JON DOWLING: "Pieces Are Falling Into Place: Treasury Moves, Iraq Shifts, and Market Signals"

 Jon Dowling

 Trump absolutely can remove Powell, under article ten of the federal reserve act. If they find corruption and/or malfeasance, that’s immediate grounds for removal. It’s all a movie anyway, they have this all setup for the perfectly timed narrative outcome. 

Meanwhile, over 2,000 senior NASA staff are resigning. The US Treasury lifted sanctions off of the former minister of trade in Iran. Here comes the grave surrender soon.

Read also: JON DOWLING UPDATE

 As a result, new elections in Iraq are incoming. 

The PM Erdogan of Turkey is working to drive out the corrupt Iranian proxies in the green zone parliament of Iraq, which will facilitate the new elections to occur. 

The dollar index continues to tank and silver is holding strong. All of this signals the inevitable RV incoming.👀

"From Iraq’s Banking Front: Aki Awaits the Revaluation"