12-2c [of the budget] we haven't see that exposed in The Gazette but we're expecting it to be because we know that amendment law has been ratified...
It may not be published in the Gazette till after...the Central Bank Governor Alaq shows us an exchange rate. Or they do it at the same time.
..
Iraq has a massive amount of reserves, far more than necessary than the requirements of the IMF.And they've increased their gold reserves.
We all know there's a component of that tripartite budget that hasn't been exposed which is I believe the exchange rate of their new real effective exchange rate...
Baghdad- Prime Minister Mohammed S. Al-Sudani Headed to Germany to Participate in the 61st Munich Security Conference following the conclusion of his official visit to the Czech capital, Prague, which included the following:
Holding extensive discussions with the Prime Minister of the Czech Republic. Meeting with the President of the Czech Republic. Meeting with the Speaker of the Czech Parliament. Overseeing the signing ceremony of the air transport agreement between the Iraqi and Czech civil aviation authorities. Overseeing the signing of five memoranda of understanding: A memorandum of understanding between the Iraqi Ministry of Oil and the Czech Ministry of Industry and Trade. A draft memorandum of understanding between the Ministries of Interior of Iraq and the Czech Republic. A cooperation memorandum between the Iraqi and Czech Federations of Industries. A cooperation memorandum between the Iraqi and Czech Chambers of Commerce. A letter of intent with the Iraqi Ministry of Environment. Attending a meeting of the Chamber of Commerce and the Federations of Industries in Iraq and the Czech Republic. Meeting with members of the Iraqi community in the Czech Republic. Receiving a representative from Aero Vodochody, a company specializing in aircraft manufacturing. Receiving a representative from UNIS, a company specializing in oil and gas production and petrochemical industries.
Munich Security Conference 2025. The 61st Munich Security Conference (MSC) will take place from February 14 to 16, 2025, at the Hotel Bayerischer Hof in Munich.
PM SUDANI, PRES. BARZANI, VP JD VANCE & TREASURY SEC. SCOTT BESSENT, AMONG OTHERS ARE ALL AT THE MUNICH CONFERENCE RIGHT NOW
Member: I saw a post about a lot of plane traffic into Reno with groups getting out with briefcases and in suits. Then coming back all smiles and high fives.
MZ: I don’t know about the high fives but there has been an abnormal amount of private jet traffic in and out.
Member: mark, any word from your friendly bond folks over the weekend to help verify money movement ??
MZ: I do not have a historic bond update since the great update on Saturday. There are a few that are expecting full access today. We will see if it happens. Monday morning is usually very quiet on that front.
Member: Maybe you will hear news by tonight’s podcast.
Member: About your news that bond commissions were being paid on Saturday…..Well Bond people would not be able to tell you if they got paid under NDA. But you’ll get paid commission when the deal is done so that tells me the bond people got…. paid deal is done
Member: I do believe if the middle man got paid the actual holder got paid… which means they have a completed the sale of the bonds cause you don’t get commission unless a sale has happened
Member: Brokers normally get paid at the CLOSE of the Transaction.
Member: Rumor has it that Teir 1 and 2 have been paid. Maybe just rumors.
Member: Any news from Redemption center folks last weekend?
MZ: I know they worked half a day….but I do not know what they are working on.
FRANK26: "CBI CONTROLS WITH A NEW EXCHANGE RATE"........F26
Source: Loans and advances have been suspended in banks since the beginning of the year.. and the reasons are revealed
2/14/2025
An informed source reported that Iraqi banks have not issued any loans or advances since the beginning of this year until now.
The source told Al Furat News Agency that "the reason behind this halt is the lack of financial liquidity and the required allocations." He pointed out that it is also likely that "the suspension will be to await the approval of the new controls and conditions by the Central Bank of Iraq and other relevant authorities, in preparation for their launch.