THE TWO RULING PARTIES IN KURDISTAN ISSUE A JOINT STATEMENT REGARDING THE SALARIES OF THE REGION’S EMPLOYEES

 THE TWO RULING PARTIES IN KURDISTAN ISSUE A JOINT STATEMENT REGARDING THE SALARIES OF THE REGION’S EMPLOYEES.

The two ruling parties in the Kurdistan Democratic Region, led by Masoud Barzani, and the Patriotic Union of Kurdistan, headed by Bafel Talabani, held a meeting on Tuesday, during which they agreed to continue negotiations and dialogue to resolve the issue of employee salaries and other issues .

A joint statement by the two parties, received by Mail, stated, “After discussion and analysis of the political, economic, and social dimensions, the two sides agreed to intensify efforts to resolve the problem and provide salaries to employees of the Kurdistan Region, within the framework of the constitution, through joint cooperation between the two sides .

Read also: FRANK26 UPDATE: "SUDANI TAKES FULL CONTROL!!!"

”

He added, “Another part of the meeting was devoted to discussing strengthening relations between the Democratic Party and the Patriotic Union of Kurdistan, to overcome challenges and obstacles, and to protect the entity of the Kurdistan Region and its achievements.

The attendees stressed the “need for unified positions between Kurdish and Iraqi political parties to overcome and resolve this problem.”

(Yes, yes more meetings and more handshakes. How many more…… We have read so many of these dialogues over the last two decades, yet the same issues keep coming up creating problems over and over again because what must be done is not really completed. In today’s Newsletter, I give you a different perspective on things in Iraq and attempt to connect the pieces once again so we can all see the BIG picture.)

GINGER: T3 Movement Expected Tomorrow – Update from Across the Pond

 GINGER

 Attention Passengers Flying Freedom Flight GLL117 ✈️ with Destination Oasis 🏖️🌴💦. Co-Pilot Ginger has an update from her friend across the pond. 7.13.25 

🌴 My key contacts explained intel points which indicate a White Water Rafting Adventure 💦🏖️🌴 to occur tomorrow 7.14.25 for us - T3 massive movement.  (I don’t know if it’s my time or your US time).

Read also: GINGER: TNT UPDATE: There is an announcement to be made in the next 4 hours that will CHANGE THE RATE TO 3.47!!

I will know more tomorrow morning and keep you informed. Regards.... 

~ The Friend Across The Pond ☺️

MNT GOAT: Using the Dinar for Imports Will Boost Its Value"

 

FRANK26: "YES SALEH... BUT NOT AT 1310"

 KTFA

FRANK26: "YES SALEH... BUT NOT AT 1310"........F26

Government advisor: US President's message conveys optimism about developing trade and investment relations

7/10/2025

Baghdad -  Nassar Al-Hajj

 

The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Thursday that Iraq's crude oil exports are exempt from US customs duties. He also noted that the US president's message regarding the imposition 

of a 30 percent customs duty on Iraq is optimistic and serves to develop and encourage trade and investment opportunities between the two friendly countries.

 

Saleh told the Iraqi News Agency (INA): "The US president's message regarding the imposition of a 30 percent customs duty on Iraq is optimistic and serves to develop and encourage opportunities for trade and investment relations between the two friendly countries."

He added, "Apart from Iraq's crude oil exports, which do not exceed 200,000 barrels per day and are worth approximately $4.5 billion annually (and are already exempt from President Trump's tariff list), there are no other actual Iraqi exports to the United States that merit the 30 percent tariff imposed on them, as the US president indicated 

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in his letter to the Iraqi government."

He continued: "On the contrary, there are Iraqi civilian imports, some of which are strategic and important, from the United States to Iraq, but these imports do not exceed $1.5 billion annually. These imports include spare parts, precision instruments, engineering and electrical equipment, civil aircraft, digital equipment, high-level logistics services, some exported agricultural goods, and currently cars to Iraq. These imports are popular and accepted in the Iraqi market due to their durability and technological advancement."

Saleh pointed out that "the White House's message to the Iraqi government is a signal to open broader horizons for trade, economic, and investment cooperation through the window of encouraging the import of American goods. This requires a sustainable and stable process in developing quality imports from a friendly country that aligns with our country's interests in sustainable development, particularly in the fields of renewable energy, information technology, and high-

quality consumer goods."

He pointed out that "this contributes to making the trade balance between the two countries balanced, in line with the diversification of the national economy's activities with proportionate payments, without neglecting the fact that Iraq invests nearly half of its investment portfolio of foreign reserves in US government bonds, and represents one of the strongest indicators of the strength of the effectiveness and indicators of the financial account of the balance of payments, its stability and its encouraging positive growth between the two countries, and the role of the United States in managing financial cooperation for these important resources that contribute to the future stability of the interests of the two friendly parties."

LINK

FIREFLY: Iraq Admits to 1,000 Tons of Gold — Still Hiding True Reserves"

  Frank26   

[Iraq boots-on-the-ground report]   

FIREFLY:The televisions are now talking about Iraq has more than a thousand tons of gold...

  FRANK:  I have said this before!  Remember when every time they would tell us they had 50 tons of gold, 100 tons tons...170 tons of gold and what was it I keep telling you guys  

Read also: FIREFLY: Sudani announced he now has the largest block in all of the political parties

Hey, they're not telling you the truth and they will never tell you the true amount of gold they have to back up your currency.  It's almost immeasurable. 

 Today they tell you they have over 1,000 tons of gold to back up their new currency.  Guess what?  Even that's not true...1,000 is still nowhere near what you guys have.

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