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:
Act as a central resource for SMEs
Clearly outline available financial services
Show how to access and evaluate them
🗣️ “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
🐦 TWITTER/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION
☕💸 “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:
are underway. Goal: finalize everything today.
→ Negotiations on oil revenue sharing (HCL)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
💳📈 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:
📖 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
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
Fnu Lnu argues: Iraq will do as the U.S. demands, and a float or de-dollarization would go against current geopolitical agreements.
As a result, a currency float is off the table, and any real revaluation is unlikely for at least 12 to 18 months.
✅ 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.
Subscribe to:
Comments (Atom)
💥 IMF Signals “Fiat Reset” Shockwave: Global Currency System May Be Changing Faster Than Expected (2026)
💥 IMF Signals “Fiat Reset” Shockwave: Global Currency System May Be Changing Faster Than Expected (2026) 🌍 IMF “FIAT RESET” SHOCKWAVE: WHA...
-
🌍 Global Currency Reset: What’s Happening Now The so-called “RV Redemption” is reportedly entering a new phase, according to various sour...
-
A groundbreaking and irreversible shift is occurring in the global financial system as it rapidly transitions to a gold-backed structure. T...
-
Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!🔊 Highlights Summary Here are reports on the officially confirmed...