Thursday, July 31, 2025
IRAQ NEWS: 🌍🚀 Iraq’s Big Leap: Nearing WTO Membership with Strong ITC Support! 🇮🇶🤝💼
SOURCE : The Ministry of Commerce discusses with the ITC the latest developments regarding Iraq's accession to the World Trade Organization and enhancing technical support.
The Ministry of Trade announced today, Tuesday, that the Department of Foreign Economic Relations held a meeting with representatives of the International Trade Centre (ITC) to discuss the latest developments related to Iraq's accession to the World Trade Organization (WTO) and ways to enhance technical cooperation to support this process.
A statement issued by the ministry's media office, quoting the department's director general, Riyadh Fakher Al-Hashemi, stated that the meeting discussed prospects for joint cooperation in reviewing the technical files prepared by the accession team in coordination with the technical committees emanating from the relevant national committee.
The statement emphasized the importance of the technical and technological support provided by the International Trade Centre, particularly during this critical phase, given its significant role in enhancing the efficiency of national teams and strengthening institutional readiness for accession requirements.
The meeting also addressed efforts to update the Nationally Determined Contributions (NDC) document, in coordination with sectoral bodies, in line with government policies aimed at integrating environmental and sustainability concepts into economic and trade policies.
At the conclusion of the meeting, Al-Hashemi stressed that the meeting was part of the department's ongoing efforts to develop Iraq's trade policy and enhance institutional and technical capabilities, supporting Iraq's accession to the World Trade Organization and strengthening its presence in the multilateral trading system.
For their part, representatives of the International Trade Centre praised the progress made in the accession file and the level of coordination with the Department of Foreign Economic Relations, stressing their readiness to continue providing the necessary technical support to complete the accession requirements link
----🌍🤝 Iraq Advances Toward WTO Accession! 🚀 Highlights 🇮🇶📈
🏛️ Key Meeting:
Ministry of Commerce met with International Trade Centre (ITC) to discuss Iraq’s WTO accession progress and technical support enhancement 💼🔧
Focus on reviewing technical files & strengthening national committees’ readiness 📂✅
⚙️📊 Technical & Institutional Support:
ITC’s role crucial in boosting efficiency of accession teams and institutional preparedness 🏢⚡
Joint efforts to update Nationally Determined Contributions (NDC), integrating environmental & sustainability goals 🌱🌏
🔜📈 Looking Ahead:
Meeting marks ongoing efforts to develop Iraq’s trade policy and strengthen global trade presence 🌐💪
ITC ready to continue providing technical assistance to finalize accession requirements 🎯🤝
FIREFLY: 🇮🇶🚫💥 Iraq Bank LOCKOUT Incoming?! “Never Seen This Before” – Something BIG Is Coming 🧨🕵️♂️
🔥 Frank26 Iraq Update – Highlights
[Boots-on-the-ground intel from FIREFLY – 07/30/2025]
🇮🇶 Bank System “Lockout” in Iraq
FIREFLY (Iraqi citizen):
Bank employees are informing staff about a nationwide system lockout coming soon.
Official reason: “System maintenance” – but this type of lockout has never happened before.
No date or time announced yet — just internal chatter at work.
Citizens will be notified “when the time is right.”
It’s highly unusual and out of the ordinary.
🧠 FRANK26’s Analysis:
This doesn’t look like the normal end-of-quarter audit pause.
This feels different — “smells different”, like something big is about to happen.
Suggests the lockout might be a strategic window to introduce major changes, possibly related to the currency reform or RV.
Calls it a “break in the pattern” of Iraq’s banking system.
IRAQ NEWS: 💸📉 Iraq Cuts Spending & Stabilizes Debt! 🇮🇶📊 Big Move Toward Economic Control! 🔥💪
Central Bank of Iraq: Decrease in public spending and stability in domestic debt
📉💰 Iraq’s Public Spending Drops & Domestic Debt Stabilizes – Highlights 🇮🇶🏦
📊 Key Data from April 2025:
Public spending decreased to 9.49 trillion dinars
📉 6.69% drop compared to March (10.17 trillion dinars)
Also down from 12.07 trillion dinars in April 2024
📈🏦 Domestic Debt Update:
Stabilized at 58.54 trillion dinars in April (same as March)
But still an 11.13% increase compared to April 2024 (76.97 trillion dinars)
🔑 Takeaway:
Iraq is cutting spending and managing to keep debt stable in the short term
Shows improved fiscal discipline and control amid economic challenges ⚖️
🐺💥 Wolverine: "Payment Starts THIS Week – Silence Means It's REAL 🔥🕵️♂️🎉"
Wolverine
I can only say certain things, as most is confidential.
All my sources are not talking as they might be under NDA.
What we know is that payment will start this week.
There were certain delays (not surprised) but nothing will stop this as any day we will be celebrating...
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