Friday, September 5, 2025

🇩🇪🤝 German Embassy: ‘Access to Finance Guide’ Will Strengthen Iraq’s Financial Sector

 🇩🇪🤝 German Embassy: ‘Access to Finance Guide’ Will Strengthen Iraq’s Financial Sector

September 3, 2025 – Baghdad
Roland Westebe, Chargé d'Affaires at the German Embassy in Iraq, confirmed the importance of the newly launched Access to Finance Guide, calling it a "strategic step" to support small and medium-sized enterprises (SMEs) in Iraq.

🏦 Financial Access for SMEs

Westebe explained that while many financial services exist in Iraq, SMEs often struggle to access them due to:

  • Lack of transparency

  • Limited public information

  • Services being offered through private or complex channels

The new guide aims to:

🗣️ “This project is a major strategic step to improve access to financing for small and medium-sized enterprises and enhance Iraq’s financial sector,” said Westebe.

🧩 Joint Cooperation

The initiative is part of a broader collaboration  between:

  • The German government

  • The Central Bank of Iraq

  • The Iraqi Association of Banks

Westebe reiterated Germany's long-term commitment to supporting Iraq’s financial development, noting that this guide will serve as a cornerstone for SME growth and economic reform.

🔗 Source: Buratha News

📲 FOLLOW FOR DAILY IRAQ FINANCIAL & DINAR UPDATES:

📖 BLOG: https://dinarevaluation.blogspot.com/
💬 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
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☕💸 “BREAKING: Iraq Declares Global Financial Integration – MarkZ Says ‘We’re Almost There!’”

☕💸 “BREAKING: Iraq Declares Global Financial Integration – MarkZ Says ‘We’re Almost There!’”

🔥 Top Highlights – Coffee with MarkZ & Zester 

📍LIVE from the airport – MarkZ gives a quick intel drop before handing it off to Zester:

🏦 Iraq’s Big Move: “We Are Now Fully International”

  • Official Statement from Iraq’s PM:
    “We ended the disconnect with the Global Financial System with reliable transactions.”
    → MarkZ says this is one of the final steps toward rejoining the global financial community.

  • CBI Update:
    “CBI announces inter-wallet money transfers”
    → Iraq has activated digital wallet-to-wallet transfers, a huge piece of their white paper reforms.

  • Erbil Delegation in Baghdad:
    → Negotiations on oil revenue sharing (HCL)

     are underway. Goal: finalize everything today.

  • Oil & Sanctions Update:
    → SOMO (Iraqi oil company) will not face US sanctions. Oil price to stay above $60 with US guarantees.

  • Unusual Banking Activity:
    → PM Sudani ordered banks to open Friday and Saturday, signaling urgency—something is clearly in motion.

📜 Historic Bonds & CMKX Updates

  • Bonds:
    → One of Mark’s contacts has a bond meeting today.
    → Silence has been the norm lately, so this is notable movement.

  • CMKX & Groups:
    → Still quiet on that front. No major news, but no red flags either.

💻 Zester’s Blockchain Deep Dive: QFS vs Reality

  • Zester wraps the stream with a thought-provoking comparison between the Quantum Financial System (QFS) and real-world blockchain evolution.

  • Says that many QFS concepts are already happening via crypto, digital wallets, and decentralized tech.

😫 Community Mood Check:

“I’m tired of watching Forex, XRP, gold, silver... I just want to unplug…”

  • 💬 Fellow members relate. Mark & Zester offer words of encouragement.

  • 🚀 “It’ll be worth it — hang in there!”

✅ Final Thoughts

  • Iraq’s full international integration announcement is huge.

  • Digital finance, blockchain, and banking reforms are aligning globally.

  • Stay grounded, stay informed, and know that movement is happening behind the scenes.

🔗 FOLLOW FOR UPDATES & EXCHANGE INTEL

📖 BLOG: https://dinarevaluation.blogspot.com/
💬 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 TWITTER/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION

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👀 MARKZ: LIVE SCREEN RATES JUST LEAKED?! Here’s the Guesstimate! 💵 ‪@DINARREVALUATION‬

 


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💳📈 KRG’s “MyAccount” Digital Salary Program Hits 900K+ Registrations — A Leap Toward Full Financial Modernization

 💳📈 KRG’s “MyAccount” Digital Salary Program Hits 900K+ Registrations — A Leap Toward Full Financial Modernization

The Kurdistan Regional Government (KRG) has officially announced a major milestone: over 900,600 government employees have now registered in its "MyAccount" digital salary program, marking a huge step forward in its economic reform and public service modernization agenda.

🔐 From Cash to Card: The New Era of Salaries

The initiative, launched in February 2023 by Prime Minister Masrour Barzani, is designed to:

  • Eliminate outdated, risky cash-based salary distribution.

  • Enhance transparency and security.

  • Promote financial inclusion and banking literacy.

  • Streamline government operations via digital transformation.

In partnership with seven private banks and under the supervision of the Central Bank of Iraq, the project now spans across:

  • 📍 Erbil: 401,815 registered

  • 📍 Sulaimani: 278,630 registered

  • 📍 Duhok: 220,155 registered

🏧 Real Impact in Real Time

This month alone, more than 465,000 employees received salaries via nearly 450 ATMs. A pilot program for pensioners is also underway, expanding digital access to retirees.

🧑‍🏫 How It’s Changing Lives

The program has significantly improved working conditions, especially in the education sector.
🔊 KRG Minister of Education Alan Hama Saeed described the old system:

“A school principal had to carry salary money in a sack. If the money was short, there were problems.”
Now, each teacher receives their salary directly into their own secure account.

🌍 Globally Recognized, Locally Empowering

Even the U.S. Consul General Wendy Green praised the initiative during her August 31 visit, citing "MyAccount" as a model of reform alongside the 24/7 "Runaki" power project.

🚀 What’s Next?

The KRG aims to enroll over 1 million beneficiaries, including all public employees and pensioners. With strong infrastructure, strict regulatory compliance, and global standards, “MyAccount” is setting the stage for a future-ready Kurdistan.

📞 Need more info?
Visit the official website or contact the support center at 1991.

📲 FOLLOW FOR MORE IRAQ & KURDISTAN REFORM UPDATES:

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FNU LNU: 🛢️ “IQD Revaluation Delayed? OPEC, USD, and the 3-Zero Puzzle 💸”

🛢️ “IQD Revaluation Delayed? OPEC, USD, and the 3-Zero Puzzle 💸”

Fnu Lnu explains why Iraq is locked into USD, not ready to float or revalue the dinar—yet.

🔑 Key Highlights

✅ OPEC & the U.S. Dollar: No Way Out (For Now)

  • Iraq is a member of OPEC, and the organization's core rule is clear: oil must be traded in U.S. dollars, the world reserve currency.

  • Exiting OPEC or switching to crypto or neutral currencies (like BRICS+ options) would result in severe international sanctions.

  • Iraq has committed to remain in OPEC—this fact alone suggests the IQD will not float freely or revalue soon.

✅ No Float. No Reval—At Least Not Yet

✅ Liquidity Strategy ≠ Redenomination

  • According to a Perplexity AI report, the Central Bank of Iraq (CBI) has withdrawn 24.8 trillion dinars, or about 70% of excess liquidity.

  • This includes mostly high-denomination notes with three zeros, but the  goal is not redenomination—just liquidity control.

  • Since only 70% of these notes were collected (not 90%), this action appears to be an effort to avoid redenomination, not prepare for it.

✅ The 3-Zero Confusion

  • Iraq is replacing old, worn notes but not eliminating the zeros officially—a distinction many in the RV community overlook.

  • This measured approach allows monetary tightening without triggering international concern or economic instability.

📌 Summary

  • Iraq’s membership in OPEC and reliance on the U.S. dollar tightly limits any move toward a currency float or immediate RV.

  • The removal of 3-zero notes is about managing excess liquidity, not prepping for redenomination.

  • Fnu Lnu predicts the IQD will not revalue for at least another 12–18 months, and certainly not under BRICS+ or de-dollarization pressures.

🌐 Stay Informed with Real Analysis — Not Hype

📖 BLOG: https://dinarevaluation.blogspot.com/
💬 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 TWITTER/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION

⚠️ Don’t get lost in speculation. Understand the global politics behind the dinar.


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🚀 MR POOL DROPS THE FINAL NUMBERS! IQD $9.35 | VND $5.89 — GET READY! 💸 ‪@DINARREVALUATION‬ #IraqiDinarInvestor

 


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🚀 “Iraq’s Digital Revolution: Electronic Signatures Going Global! ✍️🌐”

 🚀 “Iraq’s Digital Revolution: Electronic Signatures Going Global! ✍️🌐”

Minister Hiyam Al-Yasiri announces breakthrough in Iraq’s digital transformation with the launch of internationally recognized e-signatures

🔑 Key Highlights

✅ Electronic Signatures Coming Soon

  • Minister of Communications Hiyam Al-Yasiri confirmed the imminent launch of electronic signatures in Iraq.

  • These e-signatures will be globally recognized, marking a major milestone for the country’s digital ecosystem.

✅ Digital Transformation as a Priority

  • The government is moving quickly on digital initiatives, with electronic payments now available nationwide.

  • Salaries have been fully localized, and a unified card has been distributed to nearly all Iraqis, facilitating access to services.

✅ 

Ministry of Communications’ Key Role

  • Described as the “unknown soldier” of Iraq’s digital transformation, the Ministry provides the infrastructure for the unified card, electronic passports, and more.

  • The ministry is driving major projects like national mobile licenses, fiber optic cable deployment, and submarine cable expansion.

✅ Future-Focused Projects

  • The launch of electronic signatures is just one part of a larger strategic plan to boost digital services and infrastructure across Iraq.

📌 Summary

  • Iraq is taking a giant step forward in its digital transformation journey with the launch of internationally accepted electronic signatures.

  • The Ministry of Communications plays a crucial infrastructure role, supporting digital payments, identity systems, and telecom projects.

  • These developments aim to streamline government services and boost economic modernization in Iraq.

🌐 Follow for the Latest Updates on Iraq’s Digital Revolution

📖 BLOG: https://dinarevaluation.blogspot.com/
💬 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 TWITTER/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION

⚡ Iraq is powering ahead with tech innovation—stay tuned for more!

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