Saturday, March 29, 2025

MNT GOAT: THE DINAR will “gradually” go up in rate!! @DINARREVALUATION #iraqidinarinvestor

FRANK26: "DEUTSCHLAND IS NOT DUMB", 29 MARCH

KTFA

FRANK26: "DEUTSCHLAND IS NOT DUMB"......F26

Minister of Finance and GIZ Discuss Cooperation to Achieve Tangible Results Serving the National Economy

3/26/2025

Baghdad

Minister of Finance Taif Sami discussed today, Wednesday, with a representative of the German Agency for International Cooperation (GIZ) enhancing cooperation to achieve tangible results that serve the national economy.

The ministry stated in a statement received by the Iraqi News Agency (INA), "Minister of Finance Taif Sami Mohammed received a representative of the German Agency for International Cooperation (GIZ) at the ministry's headquarters to discuss strengthening bilateral relations in the financial and technical fields."

The statement added that "the two sides discussed ways of cooperation to support development projects and achieve sustainable development, with a focus on exchanging expertise and experiences to improve financial services."

According to the statement, the Minister of Finance stressed "the importance of cooperation to achieve tangible results that serve the national economy and raise the efficiency of services." The GIZ representative reviewed "previous achievements and successful models to support national plans and proposed technical and financial mechanisms to develop joint work."

The statement continued, "The two parties agreed to enhance ongoing communication and hold meetings to monitor the implementation of agreements."

For his part, the agency's representative affirmed his "commitment to providing the necessary support to strengthen bilateral relations."

LINK

STATUS OF THE RV , PART. 3 BY MNT GOAT, 29 MARCH

STATUS OF THE RV , PART. 3

Good News – Let’s look at some of the other very recent articles in the news from Iraq:

😊“AL-SUDANI: IRAQ IS WITNESSING A STATE OF RECOVERY, GROWTH, PROGRESS, AND PROSPERITY.” :

Prime Minister Mohammed Shia al-Sudani affirmed on Tuesday that Iraq is witnessing a clear state of recovery, growth, progress, and prosperity, and that we are working to advance this process.

He emphasized that establishing security and stability will enable the state to provide services and implement development and economic projects. Did he say establishing “security and stability” ? Oh boy I have heard these terms many times already. Do you believe it yet?

😊“AL-MANDLAWI: IRAQ IS WITNESSING STABILITY AND HAS AN ATTRACTIVE ENVIRONMENT FOR INVESTMENTS.” :

First Deputy Speaker of Parliament Mohsen al-Mandalawi affirmed on Tuesday that Iraq is interested in developing its relations with its brothers, neighbors, and friends. He also stated that Iraq invites reputable companies to invest in Iraq and benefit from its internal stability and attractive environment.

The consulting firms EY and Oliver Wyman reviewed plans to reform and upgrade the public and private banking sectors in line with international standards and facilitate the integration of Iraqi banks into the international financial network.

😊“GEOPOLITICAL FLUCTUATIONS AND OIL MARKETS: HOW CAN IRAQ PROTECT ITS ECONOMY FROM SHOCKS?” :

The Iraqi economy: financial hedging and relative stability

Despite global challenges, Salih affirmed that Iraq’s financial situation is stable, with the first quarter of 2025 drawing to a close without any financial disruptions. The country’s fiscal policy is also operating with high discipline, ensuring the provision of salaries, pensions, and social welfare, in addition to the continued implementation of service projects according to the government’s program.

Finally, is Iraq heading towards financial stability?

While the world experiences severe volatility in oil markets, Iraq’s fiscal policy appears to be moving steadily toward hedging and stability, while ensuring the sustainability of public revenues. As the three-year budget continues, the question remains: Will Iraq remain immune to the coming economic storms, or will geopolitical challenges impose a new reality on global oil markets?

Now that we had all this good news, let’s look at the other side. The side that still has to be dealt with. The negative side of Iraq. We can’t deny reality and these issues still linger with Iran and corruption. Remember Iraq is in the middle east, still a very volatile area of the world. Iraq has been a “bad boy” in the past and we all witnessed the corruption and money laundering over these past two decades. The fact is this is why they still sit today without a normalized currency. They can’t escape this reality and even though they are making strides in the right direction, a very conscious effort to rehabilitate themselves, there are still lingering consequences to face from the past. The news from Iraq has told us many times in the past that the U.S. is using economic warfare to mold Iraq to their bidding. Do you believe the RV is going to happen while this attitude towards Iraq prevails? When will this U.S. attitude change?

If you read the full articles below you can see that we can also interpret this news as good news for Iraq too since the U.S. is finally taking serous interest in Iraq with good intentions to help it. But Iraq does not know what is best for itself, at least this is the “conquers” attitude still towards Iraq. I am talking mostly about the Iraq sovereignty. When will they truly regain their full sovereignty again?

Let’s now look at the other side of the equation in the recent news from Iraq:

☹“ AN ECONOMIST DETAILS POTENTIAL US PUNITIVE MEASURES AGAINST IRAQ.” :

Economics professor Saleh Rashid confirmed on Wednesday (March 26, 2025) that America is trying, through its current economic war, to use all the punitive means at its disposal through its large financial and economic infrastructure, indicating that Washington has many cards to play in the Iraqi scene.

☹“MP: AMERICA HAS NO OTHER MEANS OF PRESSURING IRAQ THAN ECONOMIC MEANS.” :

Member of Parliament Amer Hussein confirmed on Wednesday that America has no other cards than the economic card and financial pressures to confront Iraq with in order to exert pressure and achieve its goals. Hussein told / Al-Maalouma /, “America has no other cards than the economic cards against Iraq if it wants to tighten the noose on the country, such that it will move towards restricting the movement of Iraqi funds held in American banks.”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

MNT GOAT: THE OIL & GAS LAW NEEDS A STABLE ECONOMY AND IRAQI DINAR @DINARREVALUATION #iraqidinar

Iraq Plans to Boost Oil Production to Over 6 Million Barrels Per Day by 2029, 29 MARCH

Iraq Plans to Boost Oil Production to Over 6 Million Barrels Per Day by 2029

Baghdad –INA

Oil Ministry announced on Sunday plans to increase oil production to more than 6 million barrels per day (bpd) by 2029, while confirming an agreement with BP to develop four oil fields in Kirkuk.

Deputy Oil Minister Basim Mohammed Khudair told the Iraqi News Agency (INA) that the ministry aims to expand oil and gas production capacities under a clear five-year plan, targeting an output exceeding 6 million bpd between 2028 and 2029.

“The ministry is working to achieve this goal through projects across all provinces, leveraging exploration activities by the Oil Exploration Company, as well as drilling and production operations under the six licensing rounds,” he said.

Khudair highlighted the Integrated South Gas Development Project at the Artawi field as one of the key ongoing extraction projects. He also noted an agreement to develop four major oil fields in Kirkuk, with a final contract expected to be signed with BP in the coming days.

He added that national extraction companies now handle 70% of operational activities.

SANDY INGRAM : Good news from Iraq: Historic deal with BP #iqd Indonesian Rupiah, 29 MARCH

SANDY INGRAM : Good news from Iraq: Historic deal with BP #iqd Indonesian Rupiah

Highlights

Summary

The video discusses BP’s recent agreement with the Iraqi government to rejuvenate the historic Kirkuk oil fields, aiming to extract over 3 billion barrels of oil equivalent. This landmark deal, concluded on March 26th, 2025, signifies a crucial advancement for Iraq’s energy sector.

The redevelopment plan concentrates on the Baba and Avana domes of the Kirkuk field and three adjacent fields: Bassan, Jambur, and Kabaz, which are currently managed by Iraq’s North Oil Company.

The project is expected to create numerous job opportunities and stimulate the local economy through economic diversification and increased energy production. Furthermore, this collaboration with BP, a prominent global energy player, is anticipated to elevate Iraq’s international investment appeal. In the context of global energy, Iraq aims to raise its oil production capacity beyond 6 million barrels per day by 2029. The video shifts focus to Indonesia, detailing the pressure on its currency, the rupiah, and the actions taken by its central bank to stabilize it amid concerns regarding political climate and foreign investment.

🌍 Landmark Partnership: BP secures approval from Iraq to revitalize Kirkuk oil fields for over 3 billion barrels of oil.
💼 Job Creation: The project is expected to generate significant employment both directly and via ancillary services.
📈 Economic Growth: Increased oil output will enhance Iraq’s export revenue, providing funds for public services and infrastructure.
🌐 Attracting Investments: Collaboration with BP may improve Iraq’s reputation in the international investment climate.
⛽ Energy Market Ambitions: Iraq targets an oil production capacity of over 6 million barrels per day by 2029.
🇮🇩 Indonesia’s Economic Turmoil: Concern over the weakening rupiah leads the central bank to intervene for stabilization.
🧐 Investment Insights: Evaluating opportunities in BP stock and the rupiah amid economic changes.

Key Insights

🚀 Strategic Energy Development: BP’s investment in the Kirkuk oil fields reflects a strategic shift towards revitalizing Iraq’s energy sector. This partnership not only provides a financial influx but also enhances technological and managerial expertise, which could lead to improved operational efficiencies and overall energy output in the region.
🛠️ Local Economic Boost: The employment generated through this project will likely have positive ripple effects throughout local economies. With job opportunities both directly tied to oil production and in supporting industries, local communities could gain increased economic vitality, leading to improved living standards and reduced poverty.
📊 Government Revenue and Infrastructure Funding: Enhanced oil production is expected to significantly increase government revenues through exports. Such revenues can provide supplementary funds for essential public services, healthcare, education, and infrastructure development, addressing long-standing needs in the region.
🌟 Enhancing Global Investment Appeal: BP’s collaboration may attract further foreign investments into Iraq, signaling a stable environment for international partners. This could pave the way for additional investments in infrastructure, technology, and hospitality, further diversifying the country’s economy and reducing its historical dependency on oil.
📈 Oil Market Dynamics: Iraq’s ambition to raise its production capacity is crucial in the context of global energy demands. This aligns with worldwide trends toward energy dependence and could increase Iraq’s bargaining power in OPEC and other international forums.
📉 Indonesian Economic Challenges: The pressures facing the Indonesian rupiah reflect broader economic concerns, including a faltering political climate and rising government spending. This could deter investment, prompting the central bank’s intervention to stabilize the currency and restore investor confidence.
🌐 Forex Investment Opportunities: With the rupiah trading under pressure, potential investors are encouraged to consider both short-term and long-term strategies to capitalize on possible currency recovery. Understanding the macroeconomic environment and conducting thorough research is essential for navigating these complex investment landscapes.

The video presents a multifaceted view of two significant energy economies—Iraq and Indonesia—highlighting the interplay between energy production, economic stability, and investment opportunities in the current global landscape. By addressing local employment, government revenues, and foreign investment potential, it provides a comprehensive framework for understanding Iraq’s future economic trajectory, while also casting light on the challenges and opportunities facing Indonesia’s currency and economy.

Investors and stakeholders in both regions should closely monitor these developments as they unfold, considering their potential implications for market dynamics and personal portfolios.

The cooperation between BP and Iraq represents a hopeful stride toward energy sector revitalization, while the situation in Indonesia serves as a cautionary tale for investors navigating emerging market uncertainties. Overall, these narratives underscore the importance of informed decision-making in an ever-evolving economic ecosystem.

DINAR REVALUATION