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THE PRESIDENT OF THE REPUBLIC AFFIRMS THE IMPORTANCE OF SUPPORTING THE PRIVATE SECTOR AS A KEY PARTNER IN ECONOMIC DEVELOPMENT
President Nizar Amidi emphasized the importance of supporting the private sector and enabling it to play its vital role as a key partner in economic development.
The Presidential Media Office stated in a press release: “President Nizar Amidi received today, Wednesday, Abdullah al-Jubouri, Vice Chairman of the Permanent Council for Private Sector Development.”
During the meeting, al-Jubouri provided a detailed explanation of the Council’s work, its responsibilities, and the economic vision it seeks to achieve, in accordance with developmental paths aligned with the state’s development plans, contributing to supporting the national economy and strengthening the private sector’s role in the development process.
The President stressed the importance of supporting the private sector and enabling it to fulfill its vital role as a key partner in economic development, emphasizing the need to create a suitable investment environment and remove obstacles facing businesspeople and investors, thereby contributing to achieving sustainable development, diversifying income sources, and reducing reliance on traditional resources.
He also pointed to the importance of strengthening the partnership between the public and private sectors and supporting economic initiatives that contribute to creating job opportunities and stimulating productive activity, in line with the priorities of economic reform and achieving comprehensive development.
For his part, Al-Jubouri expressed his appreciation for the President’s interest in the private sector, affirming the Council’s continued work on presenting initiatives and proposals that would support economic activity and strengthen the partnership between the public and private sectors, serving the national interest and enhancing economic stability in the country.
(Mnt Goat: Okay so why is it really so important to implement the private sector. WE have remember that the goal for Iraq is to move away from a socialize system where everything was owned by the state and paid by the state. This take time and is not as easy as most think. So, lets’ get rid of all these fancy words as in the article and get down to the basics:
1.The PRIVATE SECTOR can slowly take the burden and pressure off the GOI OF having to pay billions each month in salaries, retirements, etc. As the companies come into Iraq and create employment, they can move these commitments to the private companies. These same companies can also create pension funds to support retirements.
2. The PRIVATE SECTOR can help in the long standing goal of diversification of the country in that these private sector companies can come into Iraq and help develop Iraq’s natural resources like silica and other limited metals needed for industry.
3. The PRIVATE SECTOR can enable sustainability in that when chaos breaks out within the oil market, Iraq is no longer held hostage to the oil prices to service its citizens or marketplace.
4. The PRIVATE SECTOR as time moves on can deliver electricity, water, garbage pickup, etc. and other essential services that are normally by a private sector for a fee, fees paid by the citizens individually for the service. Again this takes yet another set of financial burdens off the GOI. )
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📊 IRAQ CBI UPDATE – FRANK26 COMMENTARY ANALYSIS 🇮🇶🏦 (HIGHLIGHTS)
🔹 Official-style statement reported
🔹 CBI stated position (as presented)
💬 🧠 FRANK26 COMMENTARY – INTERPRETATION
🔸 Tone of skepticism toward CBI messaging
🔸 Exchange rate criticism
🔸 Governor legitimacy / pressure narrative
💱 IMPLIED FRANK26 PERSPECTIVE (IQD NARRATIVE)
⚠️ IMPORTANT CONTEXT
💱 OVERALL TAKEAWAY
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#Iraq #CBI #Frank26 #IQD #AliAlAlaq #CentralBankOfIraq #Forex #IraqEconomy #CurrencyAnalysis #DinarIntel
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Frank26
[Iraq boots-on-the-ground report]
OMAR: On TV CBI governor Alaq says there are no plans for any rapid revaluation or monetary reform from the CBI.
He emphasized they're focused on stability and there's been no mention of changing the rate once the government is seated.
FRANK: Do you have plans for a revaluation? "Well not rapidly." You're a piece of work aren't you [Alaq]...1300 does not stabilize your currency...It doesn't matter how he plays with words, his days are numbered IMO [As CBI governor]...
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IRAQ DIGITAL ECONOMY UPDATE – ZAIN MART LAUNCH 🇮🇶📱 (HIGHLIGHTS + MNT GOAT ANALYSIS)
🔹 Major corporate development
🔹 What Zain Mart offers
🔹 Strategic positioning
💬 🧠 MNT GOAT COMMENTARY – CORE ANALYSIS
🔸 Digital infrastructure = currency usability foundation
🔸 “Beta testing” theory
🔸 Link to “digital dinar” narrative
👉 In this view, Zain Mart is seen as part of building that backbone
🔸 Redenomination expectation
⚠️ Important clarification
💱 IMPLIED MNT GOAT TAKEAWAY
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• A secure, integrated digital shopping experience… designed for your lifestyle
• Flexible purchase and payment options with fast and reliable delivery
• A wide range of electronics and home appliances from trusted global brands
Announced Zain Iraq in partnership with Next Generation Company, Zain launched its “Zain Mart” e-commerce platform, a new step within its vision to expand its digital ecosystem and provide innovative services that enhance the digital lifestyle in Iraq.
Zain Mart is an integrated e-commerce platform designed to provide a modern and seamless digital experience. It enables users to browse and purchase a wide range of electronics and home appliances from leading and trusted international brands through a dedicated smartphone app or website.
The platform offers an easy and secure shopping experience, supported by competitive advantages including flexible payment options such as buy now, pay later, along with ongoing offers, exclusive discounts, and fast and reliable delivery. This enhances user confidence and provides a comprehensive shopping experience.
Zain Iraq CEO, Emre Gurkan, stated, “The launch of Zain Mart, in partnership with Next Generation, reflects our commitment to supporting the digital economy in Iraq. Through this platform, we are working to provide an integrated digital ecosystem that prioritizes the needs of Iraqi users, delivering an advanced digital experience that aligns with their aspirations.”
The launch of Zain Mart represents a strategic step to keep pace with the rapid growth in the e-commerce sector and underscores Zain Iraq’s commitment to expanding its services beyond traditional offerings by providing innovative digital solutions that meet market needs and support digital transformation in Iraq.
(Mnt Goat: We must all remember that a new digital dinar is not good unless you can use it. How would you use it if you don’t have the electronic systems infrastructure to handle it. This Zain is yet another indication that Iraq is moving ahead with the digital currency. They are using Iraq as their Beta test on a country wide digital currency. They do not plan to roll it out until they are ready to complete the redenomination to the newer lower denominations. Remember also that they still intent to have cash too. Its going to be slow rollout.)
📊 IRAQ POLITICAL UPDATE – GOVERNMENT FORMATION & ECONOMIC IMPLICATIONS (HIGHLIGHTS) 🇮🇶💼
🔹 Government officially approved & sworn in
🔹 International recognition & diplomatic support
🔹 Shift from caretaker to operational state
🔹 Key pending legislative priorities
🔹 Why these laws matter (structural stability angle)
🔹 Connection to the Central Bank of Iraq (CBI) 🏦
💱 RELATION TO POSSIBLE IQD REVALUATION (SPECULATIVE FRAMEWORK)
👉 From a speculative dinar investor perspective, these developments are often interpreted as:
⚠️ Important nuance:
None of these developments directly confirm any currency revaluation; they are simply interpreted by observers as macro-stability signals that could influence future Central Bank policy decisions
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#Hashtags
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Paulette
Al-Zaidi's government was given confidence, he and the ministers were sworn in at Parliament. The world, especially the US, has been congratulating him on forming the government...Iraq now has a functioning, non-caretaker status, government that can start moving on the Kurd/Baghdad Oil and Gas Law, laws to regulate the Factions and laws to bring all arms in control of the State...Once we see those accomplished and not before, I will start watching what the CBI does.
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🚨🇮🇶 IRAQ ECONOMIC REFORM HIGHLIGHTS – PM AL-SUDANI MESSAGE 💰📈 According to commentary shared by Omar, Iraq’s Prime Minister is now p...