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Needs to fall a hell of a lot more and ASAP as I'm not getting any younger and I want to enjoy some of it before I get a dirt blanket ! pp

The only reason they would be worried about currency speculators and that is they are going to increase the value of the IQD very soon.

"A new monetary strategy aims to gradually attract foreign exchange transactions to the officially regulated banking system." "these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to transparency and money governance in line with international standards." “this strategy is being implemented in an organized and precise manner by the Iraqi banking system. Let’s Go …. Let’s Go …. Let’s Go >>>>>>>>>>>>>>> Go Stronger Dinar 💪🏼💪🏼💪🏼

is being implemented and he announces new stratedgy......me thinks something is coming after rammadaan and around april 1st....

confirms they in the process of going international however she says its a slow process but the are looking at partnerships with middle eastern stock markets and pointed me to a press release. I asked her if they are going international or is there any talk of the ISX going international after Ramadan and she says in her opinion no!

I like this part Their currency is not internationally traded on open markets yet. I think he is referring to the black market exchange that has occurred in country here. I believe you’re right. To much going on for not to pop by the end of next month. Hopefully soon er rather than later.

New currency policy will be to have 4 committees review it instead of 2, then delay for 6 months before having 5 different committees review it before delaying 8 months before sending it to the final 3 committees that will take a year to decide. these morons can never get anything right!

To reduce speculation, a Sudanese advisor reveals a new monetary strategy Time: 2025/03/16 20:19:20 Reading: 920 times {Economic: Al Furat News} The Prime Minister's economic advisor, Mazhar Mohammed Saleh, revealed a new monetary strategy Sunday evening that seeks to reduce speculation. Saleh said in a statement to Al-Furat News that: "A new monetary strategy aims to gradually attract foreign exchange transactions to the officially regulated banking system." He explained that "this strategy focuses on expanding the base of buying and selling foreign currency at fixed and stable rates, in line with the current monetary policy." Saleh emphasized that "these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to transparency and money governance in line with international standards." He pointed out that "this strategy is being implemented in an organized and precise manner by the Iraqi banking system, and specifically targets large transfers, especially those related to financing wholesale trade." Saleh also pointed out "the importance of stimulating electronic banking transactions to reduce cash circulation, which contributes to feeding the parallel market with cash dollars, thus reducing speculative operations that take place outside the framework of the law." https://alforatnews.iq/news/%D9%84%D8%AA%D9%82%D9%84%D9%8A%D8%B5-%D8%A7%D9%84%D9%85%D8%B6%D8%A7%D8%B1%D8%A8%D8%A7%D8%AA-%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D9%84%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%8A%D9%83%D8%B4%D9%81-%D8%B9%D9%86-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D9%86%D9%82%D8%AF%D9%8A%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9

The budget and the Popular Mobilization Forces law are approaching the Iraqi parliament. Reports and Analyses 2025-03-18 07:36 Share font Shafaq News/ Iraqi parliament member, Ibtisam al-Hilali, expected on Tuesday that a vote on the federal budget schedules would be held in the coming days, once the government sends it to parliament. While she denied the existence of appointments, contracts, or wages in the budget, she indicated that there is information about the return of the service and retirement law for the Popular Mobilization Forces from the Prime Minister's Office and its inclusion on the agenda of the upcoming parliament session expected next week . Al-Hilali told Shafaq News Agency, "The House of Representatives voted on a three-year budget to avoid parliament voting on the budget schedules every year. Rather, ministries proceed with the budget they have. However, what happened is that parliament was asked to vote on the schedules every year ." Al-Hilali reassured that "the schedules are currently with the government, and they are expected to be completed and sent to Parliament in the coming days. The House of Representatives will vote on them immediately upon receipt to avoid delays in ministries and budget-related matters. Therefore, there are no concerns in this regard ." She revealed a recent meeting with Finance Minister Taif Sami, stating that "the minister was under a lot of pressure because of the budget schedules, and she in turn confirmed that all budget schedules would be submitted to the Prime Minister. Sami explained that if the budget is delayed, the ministries and operational and investment departments can continue to spend on 1/12 until the schedules are received from the government ." Regarding the inclusion of contracts or job grades in the budget, especially with the approaching elections, when some may resort to making promises of employment to their voters, Al-Hilali explained, "The forthcoming budget is approved, and the 150,000 contracts and grades for the governorates have already been approved. Therefore, we should not be fooled by election propaganda, as the 2025 budget is devoid of appointments, wages, and contracts ." Regarding the Popular Mobilization Forces (PMF) law, Al-Hilali explained, "There is information that the PMF law, which was withdrawn by the Prime Minister's Office last week, will be returned and placed on the agenda of the next parliamentary session. Parliament is expected to hold one or two sessions within the next week ." Regarding some MPs' demands to dissolve Parliament due to the ongoing disruption of its sessions, Al-Hilali stated, "Parliament cannot dissolve itself permanently. It will be dissolved on January 10, 2026, when the current parliamentary term ends ." Member of the Parliamentary Finance Committee, Hussein Mounes, confirmed to Shafaq News Agency last Sunday that the talk about sending the general budget tables from the Ministry of Finance to the Council of Ministers remains unconfirmed, and there is no accurate information available regarding the veracity of this news . The Ministry of Finance is expected to submit the budget tables to the Cabinet in October 2024, in preparation for approval before the start of the new year, in accordance with the Financial Management Law. However, this has not yet occurred. Last February, the Iraqi Parliament voted to amend Article 12 of the budget law, which concerns the costs of extracting oil from the Kurdistan Region . It is noteworthy that the Council voted in June 2023 on the draft general budget law for the fiscal years (2023 , 2024, 2025 ). Regarding the Popular Mobilization Forces (PMF) law, a source within the Shiite Coordination Framework revealed to Shafaq News Agency last Wednesday that the framework and the Prime Minister were scheduled to meet to discuss the Popular Mobilization Forces' service and retirement law for the purpose of amending it . The source confirmed that "the framework may be forced to agree to pass the law according to the one-basket rule, so that it is passed simultaneously with the Halabja or oil and gas laws, which the Kurdish forces put forward as a pressure card in exchange for voting in favor of the Popular Mobilization Law. The same applies to the Sunni forces, which stipulated the passage of the Accountability and Justice Law ." Last Tuesday, a source in the Coordination Framework revealed to Shafaq News Agency that Prime Minister Mohammed Shia al-Sudani had decided to withdraw the Popular Mobilization Forces' service and retirement law from the Iraqi parliament . The source explained that the purpose of withdrawing this law is to reduce political disputes and prevent their impact on the House of Representatives sessions, given that the convening of sessions has become dependent on adding the law to the House's agenda . https://www.shafaq.com/ar/تقارير-وتحليلات/الموازنة-وقانون-الحشد-يقتربان-من-البرلمان-العراقي

No doubt approaching in stealthy mode

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hoping and praying mate!

My bank is deprived of dollars too. So let’s get a move on CBI and Iraq and help us both out. 🫣😂

From WRAL-TV; Winning Powerball Numbers Monday, March 17, 2025 11 18 23 38 60 PB 09 Power Player 2X Sorry, We had no winning matches.

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The Quickest Camel They can Find!! 😁

Parliamentary Finance: The necessity of activating tax collection mechanisms. Money and Business Economy News - Baghdad The Parliamentary Finance Committee stressed the need to activate tax collection mechanisms, stating that this remains weak despite the multiple financial resources that could support state revenues. It also urged the activation of privatization as a primary option to boost revenues and reduce operational burdens on the government. Committee member Jamal Kocher explained in an interview with the official newspaper, followed by "Al-Eqtisad News," that "tax collection is a basic resource for the state in all countries of the world, but its collection in Iraq remains very weak." He emphasized "the need to establish a comprehensive government program to ensure full collection of tax collection and to search for new alternatives away from old mechanisms." Koger pointed out that there are several issues that must be considered in this context. First, a clear government program must be put in place to fully collect taxes. Second, alternatives to traditional mechanisms must be sought. Third, incentives must be provided to those who collect taxes, as well as those who pay them. Finally, privatization represents the optimal solution to fully collect taxes. Koger added that privatization will help the government in two key areas: first, reducing the burdens associated with hiring, and second, reducing operating expenses. He emphasized that these mechanisms, if implemented in practice, could yield significant positive returns. The House of Representatives member pointed out that the expected revenues from these reforms will depend on the mechanism implemented by the government. If it pursues privatization, this will boost state revenues and reduce its financial burdens. 190 views Added 03/18/2025 - 8:54 AM https://economy-news.net/content.php?id=53522

I agree they should be revoked. He was out of the country when half were signed. No way he knew who they were or what they did.

YES!!! Please test me 😄 I feel sooo ready!

Just out of curiosity....account manager?....of what?....at what level? Thanks....CL

exactly well we hope so!

You might take another look at the title of the thread!.. 😯 CL

Trump also has a portrait of Andrew Jackson, the country’s seventh president, hanging near the Resolute Desk. It occupied the same space during his first term — causing some controversy given Jackson’s policies toward Native Americans. Read more at: https://www.miamiherald.com/news/nation-world/national/article298958125.html#storylink=cpy

PUK and KDP Finalize Joint Vision for Government Formation 18-03-2025 08:44 ShareFacebookTwitterWhatsAppTelegram Peregraf Senior delegations from the Patriotic Union of Kurdistan (PUK) and the Kurdistan Democratic Party (KDP) met today to finalize a joint vision for the next phase of governance in the Kurdistan Region. According to an official statement, both sides have reached the final draft of their shared framework, which will serve as the foundation for forming the new Kurdistan Regional Government (KRG) and other key institutions to improve public services. On March 16, 2025, KRG Prime Minister Masrour Barzani and PUK leader Bafel Talabani held what was described as a “very good meeting” in Pirmam, emphasizing a “good understanding and progress” in efforts to form the next KRG cabinet. The meeting follows months of negotiations aimed at bridging political differences and ensuring a stable governance structure. A joint committee has been working on an effective governance framework to guide the next government. Once finalized, the proposed strategy will be submitted to the High Negotiating Committee for approval, paving the way for the cabinet’s formation. Negotiations between the KDP and PUK have been ongoing since the Kurdistan Parliament’s inaugural session on December 2, 2024. The KDP, which secured 39 seats in the most recent parliamentary elections, remains the largest party, while the PUK holds 23 seats. Minority groups and smaller parties collectively hold 38 seats, making coalition-building essential to reaching the 51-seat majority required to form a government. The KDP retains its political stronghold in Erbil and Duhok, while the PUK wields significant influence in Sulaymaniyah and Halabja. Their cooperation has historically been crucial in maintaining political stability in the Kurdistan Region. As leadership delegations continue negotiations, the outcome of these discussions will play a decisive role in shaping the political and administrative future of the Kurdistan Region. PUK and KDP Finalize Joint Vision for Government Formation - پەرەگراف

Here's some articles of Dinarian interests... -Implementation Of The ASYCUDA System At Customs In Basra. -Despite Budget Amendments There's Possible Reason Behind Delay In The Schedules. -To The Ministerial Council For The Economy. Treat as rumors. Not verified. Your opine. TNT via Tishwash: Direct Implementation Of The ASYCUDA System At Abu Fluos Customs In Basra. ARTICLE: Director General of the Customs Authority, Thamer Qasim Daoud, announced today, Tuesday, the commencement of work on the ASYCUDA system at the Abu Flus Customs in Basra. In a statement received by Al-Eqtisad News, Daoud said, "The electronic automation system (ASYCUDA) has been implemented at the Abu Flus Customs in Basra Governorate. -Tishwash: Despite The Budget Amendments Being Completed A Month & A Half Ago, There's A "Possible" Reason Behind The Delay In The Schedules. More than a month and a half has passed since the 2025 budget amendment was passed, but the 2025 schedules have yet to reach Parliament, raising questions about the reasons behind them. The initial obstacle to submitting the schedules was the delay in the budget amendment, but it appears the delay stems from the same reason related to Article 12 of the budget, which was amended but did not bear fruit. Member says Finance Committee Parliamentarian, Mustafa Al-Karaawi, told Sumaria News that "the 2025 Budget Schedules were supposed to arrive before the end of the fiscal year, according to the text of Article 77, secondly, of the law Financial Management But the schedules have not arrived yet, which is considered a violation of this text. He explained that "there is information that the tables will reachHouse of Representatives"At the end of this month," he said, noting that "the delay in the schedules has disrupted many of the country's economic activities, the launch of operating budgets & the halting of projects." He stressed that "there are no appointments or confirmations for specific categories in the current year's Budget," noting that "the allocations will be within the previous sections, but with different numbers, so the 2025 Budget will be free of appointments." The delay in sending the schedules for approval was due to the awaited amendment to the Budget Law, particularly Article 12 related to the Kurdistan Region's oil. After the amendment passed in early February, it was followed by significant tension & disagreements. Despite about a month and a half having passed since the budget amendment was passed, the schedules have not yet been sent. It appears that the delay in sending the schedules is linked to the delay in resolving the issue of resuming Kurdistan's oil exports due to the ongoing disputes between Baghdad & foreign companies in Kurdistan. The Ministry of Finance and the government are unable to confirm the final expected revenue figures due to the lack of a decision on whether or not oil will be exported from Kurdistan. -Tishwash: To The Ministerial Council For The Economy. Finally, forecasts indicate that the Russian-Ukrainian war is nearing a halt with US intervention. We recall that when the war broke out three years ago, oil prices soared to over $110 a barrel, resulting in a surge in oil revenues for both rentier & oil-producing countries. This included Iraq, given its rentier economy. Unfortunately, the General Bdgets increased & the deficit exceeded 60 trillion Dinars. Now, with the inevitable expectation that the war will soon end, oil prices will fall & it is expected that its average price will reach less than 60 Dollars per barrel. We are still without other significant sources of national income. The Iraqi economy, God forbid, will enter a new economic & financial crisis. We expect the deficit to rise, the inflation rate to rise & the government will be forced to borrow domestically & abroad. Here, we propose that the Ministerial Council for the Economy hold extraordinary sessions to discuss the expected new crisis and prepare for confrontation in a manner that preserves the path of economic, financial & banking reform and finds solutions & remedies to protect our national economy Sources reported on Tuesday that Iraq is currently engaged in advanced negotiations to conclude a liquefied natural gas deal with Algeria, in an attempt to complete the deal before next summer. The TAQA platform quoted these sources as saying that the deal is expected to be announced within two months at most, with exports set to begin as soon as Iraq completes the import infrastructure. The sources explained that the contract will be medium-term & that the quantities will be approximately one million tons annually. However, negotiations have not yet finalized the quantity. According to the platform, an Algerian liquefied natural gas deal with Iraq could support Baghdad's electricity sector during the summer of 2025, or perhaps at the beginning of winter. Iraq is currently preparing the infrastructure at Khor al-Zubair port in Basra Governorate to import liquefied natural gas, which could take the next three to five months. It is planned to contract for a floating platform for unloading and storage & connect it to a 40-kilometer pipeline that will transport the gas by connecting it to the national pipeline near the Shatt al-Basra. In late February, the Iraqi Oil Ministry's Undersecretary for Gas Affairs, Izzat Sabir, stated that the federal government was studying the possibility of importing gas from Qatar and Algeria after the US president revoked the exemption granted to Iraq to import this material from Iran. Sabir emphasized that the ministry was determined to stop flaring associated gas by 2030.

Sorry i have been off the radar. We have been moving. What a drag. But getting there.

Here's another article rel;ated to the above...as seen on TV... Frank26 via Iraq-Boots-On-The-Ground Report via FIREFLY: As Seen On TV. ARTICLE: TV says within hours oil can flow [into Turkey]. Why you asking me? FRANK: I didn’t know it was already flowing or tested flowing or is about to flow in a few hours or can flow in a few hours. Dear God because if the oil flows, the exchange rate flows IMO. FIREFLY: My opinion is all related to the mechanism in this Article 12-2c. 12-2c will give us the new value. They are saying within hours oil can start. The Budget Table are coming. All is pointing to a Real Effective ER IMO. FRANK: I agree Article 12-c holds the key, which is the new ER.

To the Ministerial Council for the Economy Articles Samir Al-Nusairi Finally, forecasts indicate that the Russian-Ukrainian war is nearing a halt with US intervention. We recall that when the war broke out three years ago, oil prices soared to over $110 a barrel, resulting in a surge in oil revenues for both rentier and oil-producing countries. This included Iraq, given its rentier economy. Unfortunately, the achieved abundance was not utilized to activate the real economy. Rather, operational allocations in the general budgets increased, and the deficit exceeded 60 trillion dinars. Now, with the inevitable expectation that the war will soon end, oil prices will fall, and it is expected that its average price will reach less than 60 dollars per barrel. And we are still without other significant sources of national income. The Iraqi economy, God forbid, will enter a new economic and financial crisis. We expect the deficit to rise, the inflation rate to rise, and the government will be forced to borrow domestically and abroad. Borrowing from the central bank will be required, foreign exchange reserves will decline, and external and domestic debts will rise. Since these expectations could soon be realized, they require swift action. Here, we propose that the Ministerial Council for the Economy hold extraordinary sessions to discuss the expected new crisis and prepare for confrontation in a manner that preserves the path of economic, financial and banking reform and finds solutions and remedies to protect our national economy. 448 views Added 03/17/2025 - 9:55 AM https://economy-news.net/content.php?id=53476

The Iraqi Economy: Challenges and Opportunities in Light of Global Financial Transformations Time: 2025/03/17 11:36:21 Read: 3,210 times {Economic: Al Furat News} Mazhar Mohammed Saleh, the Prime Minister's economic advisor, confirmed today, Monday, that the government is working seriously to reduce reliance on the US dollar in domestic trade and promote the use of the Iraqi dinar in financial transactions. Speaking to Al Furat News Agency, Saleh highlighted "the importance of continued cooperation with the international financial community to alleviate external burdens and restrictions on foreign currency transfers." He pointed out that "this approach reflects Iraq's strategy to combat foreign currency smuggling, by strengthening cooperation with international financial institutions to monitor illicit money flows. This contributes to the stability of the national economy and supports Iraq's ability to overcome global financial challenges." From.. Raghad https://alforatnews.iq/news/الاقتصاد-العراقي-التحديات-والفرص-في-ظل-التحولات-المالية-العالمية

The role of electronic payment in strengthening our banking system Articles Dr. Haitham Hamid Mutlaq Al-Mansour In light of the rapid technological developments witnessed worldwide, financial and banking systems are facing radical transformations aimed at enhancing efficiency, transparency, and financial inclusion. Among these transformations, the electronic payment system stands out as a fundamental pillar in reforming banking systems, especially in developing countries like Iraq. The Iraqi banking system, which has suffered for many years from structural challenges and weak infrastructure, has begun to witness positive transformations thanks to the adoption of electronic payment technologies. Electronic payment affects the banking system in general through: 1. Increased confidence in the banking system: Electronic payments enhance customer confidence in the banking system by providing secure and fast payment methods. When individuals feel their financial transactions are secure and easy to conduct, they are more likely to deposit their money in banks rather than keeping it in cash. 2. Promoting financial inclusion: Electronic payments facilitate access to banking services for individuals and small businesses, especially in remote areas or areas with a lack of bank branches. When more people can open bank accounts and conduct financial transactions easily, this leads to increased deposit rates, as depositing money in banks becomes more attractive than keeping it outside the banking system. 3. Reducing reliance on cash: In economies that rely heavily on cash, deposit rates are relatively low due to the widespread cash culture. By adopting electronic payments, reliance on cash can be reduced and individuals and businesses can be encouraged to deposit their money in banks, leading to higher deposit rates. 4. Improving the efficiency of banking operations: Electronic payments reduce banks' operational costs, as they eliminate the need for traditional branches and their staff. This improvement in efficiency can translate into better returns on deposits, making them more attractive to savers. 5. Increased transparency and anti-corruption: Electronic payments enhance transparency in the financial system, as financial transactions become recorded and monitored. This reduces the risk of corruption and tax evasion, enhancing customer confidence in the banking system and encouraging deposits. Global data clearly demonstrates the strong positive relationship between the spread of electronic payments and increased deposit rates in the banking system. It is noted that countries that have adopted effective electronic payment systems, such as China, India, and Kenya, have seen significant increases in deposit rates, demonstrating the impact of electronic payments on the banking system. This is as follows: 1. China: It is one of the most advanced countries in the field of electronic payments, with more than 80% of the population relying on platforms such as Alipay and WeChat Pay. According to World Bank reports, deposit rates in China have increased significantly with the spread of electronic payments, with the deposit-to-GDP ratio reaching more than 180% in 2022. Electronic payments have contributed to increased financial inclusion, with the number of bank accounts increasing from 64% in 2011 to more than 90% in 2022. 2. India: Following the launch of the Unified Payments Interface (UPI) system in India, bank deposits increased significantly. In 2022, the deposit-to-GDP ratio reached 75%, up from 60% in 2016. Electronic payments have contributed to an increase in the number of bank accounts from 35% in 2011 to more than 80% in 2022. 3. Kenya: Kenya is a pioneer in the use of mobile payments through M-Pesa. Bank deposits have increased from 20% in 2007 to more than 70% in 2022, thanks to the spread of electronic payments and increased financial inclusion. 4. Sweden: Sweden is one of the countries with the highest reliance on electronic payments, with cash transactions accounting for less than 1% of total transactions. Meanwhile, the Swedish deposit-to-GDP ratio is around 90%, reflecting high confidence in the banking system. In Iraq, the deposit-to-GDP ratio remains relatively low compared to other countries, recording a 9% decline. However, since 2024, the banking sector has begun to witness a significant decline in the total value of deposits, with a 9% decline from IQD 133.5 trillion in 2023 to IQD 123.5 trillion in 2024. This decline is despite the increase in the number of bank accounts following the widespread adoption of electronic payments, which rose from 23% to approximately 50% in just a few years. This reveals the reasons behind the decline in the value of deposits in the banking system, especially in light of the Central Bank's move to promote electronic payment tools and increase reliance on the banking sector. This poses significant challenges for the government to address, developing medium- and long-term plans, and adopting supportive policies to address these challenges, which include the following: 1. Weak technological infrastructure: Iraq's telecommunications and internet networks continue to suffer from quality and coverage issues, hindering the effective implementation of electronic payment systems. 2. Low levels of financial literacy: A large portion of the population relies on cash transactions due to a lack of sufficient awareness of the benefits of electronic payment and how to use it. 3. Lack of a legal and regulatory framework: The implementation of electronic payment requires clear laws and regulations that govern electronic payment operations, protect consumer rights, and facilitate and enhance the flexibility of payment processes. 4. Security concerns: Some individuals still fear the risks of cyber-hacking and data theft, which limits their use of electronic payments. 1287 views Added 03/14/2025 - 9:54 PM https://economy-news.net/content.php?id=53398

Iraq confronts economic crises with the "digital dinar." The parallel market is threatened with "extinction." Reports Economy News - Baghdad The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. The digital dinar is a digital currency issued by the central bank, officially part of a country's monetary system. It is similar in value to the traditional dinar, but is traded electronically via digital wallets or approved financial applications. It facilitates instant money transfers within the country or across borders, reduces the logistical burden of issuing paper or metal currency, and enables broader segments of society to access digital financial services. This project comes in light of the significant economic challenges facing Iraq, such as its heavy reliance on paper money and the phenomenon of hoarding. The digital dinar aims to address these challenges by providing a safe and effective digital alternative to paper money. Central Bank Governor Ali Al-Alaq had previously stated during a speech he delivered at the Finance and Banking Conference and Exhibition that "the financial and banking system will witness fundamental transformations, including the decline of paper currencies and their replacement by digital payments for central banks." He explained that "the Central Bank is moving to create its own digital currency, which will gradually replace paper transactions, as is the case with some central banks around the world." Mazhar Saleh Mohammed, the Prime Minister's advisor for financial and banking affairs and former deputy governor of the Central Bank, highlighted the importance of the digital dinar and its relationship to the dollar exchange rate in local markets. Speaking to Al-Eqtisad News, Mohammed emphasized that the digital dinar is a global trend in the development of payment systems, particularly in the description of monetary units that will acquire digital rights bearing the same legal acquittal force issued by the monetary authority as banknotes in acquitting debts, as they are units of account, exchange, and storage of value within the digital economic community and via a highly sophisticated, rapid, and accurate information system. He added that these monetary units will be used with high transparency to cover various real transactions of goods and services, as well as to settle small and large obligations. He noted that all exchange transactions will be transparently recorded between traders, up to the point of purchasing a loaf of bread, under the supervision of the monetary authority, thus ending the ambiguous or illegal uses of money once and for all. Regarding the digital dinar's relationship to exchange rates, Al-Sudani's advisor explained that the official exchange rate will be the prevailing and sole rate, the digital exchange rate adopted by monetary policy. The parallel market will disappear in its current form, as it is difficult to invent a secondary digital market whose operations operate outside the control of the digital monetary authority. However, usurious digital markets may emerge among the same traders. He pointed out that the digital cash system provides the banking system with sufficient digital cash liquidity to grant loans without the risk of liquidity risk within banking markets. This encourages investors to borrow easily, increases economic growth levels, and promotes sustainable development. It also facilitates access to global digital exchanges for global payments and settlements. "Introducing digital currency requires two things," according to the Prime Minister's advisor. He explained that the first is a high level of public awareness of the digital monetary system, while the second is the availability of an advanced information, communications, and data technology infrastructure that evolves continuously over time. He pointed to the need for a legal infrastructure to protect digital currency transactions, particularly in protecting users' rights to their income and wealth, which cybersecurity provides against any dangerous digital breaches. Many questions are being raised about the digital dinar and its differences from cryptocurrencies, which economic expert Ziad Al-Hashemi answers. Al-Hashemi points to a "significant difference" between digital currencies and cryptocurrencies: "The former are issued and regulated by central banks, such as the digital dollar and the digital dirham, while cryptocurrencies such as Bitcoin are not subject to any official authority and their value depends on supply and demand, making them highly volatile." He stated that if the Central Bank of Iraq issues the digital dinar, it will be the sole entity controlling the issuance and distribution of the digital currency, facilitating oversight and preventing financial crimes, unlike cryptocurrencies, which operate on a decentralized system that is difficult to control. He pointed out that the digital dinar will be fully backed by the central bank and have a relatively stable value, similar to paper currency. However, it will be traded electronically only through bank accounts and wallets, contributing to reducing the use of paper money, achieving financial inclusion, and reducing reliance on the dollar in daily transactions. Al-Hashemi noted that the primary goal of this step is to eliminate the phenomenon of cash hoarding, whereby citizens keep large sums of money outside banks due to lack of confidence in the banking system. This hinders the flow of funds and negatively impacts economic activity. If the project is implemented well, the digital dinar could help disburse hoarded liquidity and stimulate lending and credit. 769 views Added 03/17/2025 - 10:31 AM https://www.economy-news.net/content.php?id=53480

Sooooo, you're saying it's ? 😆

PB 3-17-2025 04 12 27 47 62 PB = 20

MegaMillions 3/18/25 05 - 10 -38 - 55 - 60 MB 19 PowerBall 3/19/25 05 - 14 - 48 - 49 - 59 PB 26

PowerBall 3/17/25 05 - 14 - 48 - 49 - 59 PB 26

PB 10 28 36 49 54 PB 17

She is former because of the Senate. She is a strong critic of the Fed Reserve and a staunch supporter of gold-backed currency. She was nominated to the Fed Board near the end of Trump's first term. The Demonrat Senate voted like 51 to 47 against and it was Former Incompetent and Imposter In Chief Biden who withdrew her nomination. Another individual was then put up for nomination more aligned with the left and confirmed by the Demonrat Senate. Usually a nomination that does not get confirmed rarely gets put back up for nomination. So she is former because of the Demonrats and Fed not wanting the US to go back to the Gold Standard, for which she was a staunch supporter of Trump's vision to go back to the gold standard, get rid of the NGO the Federal Reserve, and go back to the US Constitutional Authority over the United States currency. One of the main reasons why there was such a strong TDS against Trump. Almost all of the US Presidents that were assassinated was due to this very issue - Currency belonging to the United States and not the Federal Reserve, an NGO. The first President to be impeached was also because of this issue - Andrew Johnson. President Johnson is one of Trump's favorite Presidents for a very good reason. So maybe, just maybe, she is a former pick for reasons you might not thought of.

It looks like Iraq-US relations are on the mend considering sanctions & all. Iraq has the security & stability & now it needs a new ER.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-17-2025 Clare Article: "Al-Sudani's advisor: Iraq's foreign reserves reach $110 billion" Quote: "The Prime Minister's financial advisor, Mazhar Mohammed Salih...Iraq's foreign exchange reserves are one of the most important indicators supporting investment, both domestic and foreign, as the country has a stable foreign exchange portfolio estimated at approximately $110 billion, distributed between gold, dollars, and foreign currencies...He added, The current account of the balance of payments is recording positive rates that enhance the stability of the value of the Iraqi dinar." 3-17-2025 Samson Article: "Al-Sudani's advisor: Iraq's foreign reserves reach $110 billion" 3-17-2025 Militia Man There are things on the table that have not been sorted. One of them is going to be the oil. They have to have an evaluation for that. We know they have to value the oil in a Real Effective Exchange Rate or they would have done it by now. It's been two years and they've lost billions. It's obvious, it's quite clear that they're going to do something different in the future. 3-17-2025 Frank26 Trump is changing the political landscape, the geopolitical landscape, the Geo-financial political of the whole freaking world and it's starting very heavily within the Middle East. And Iran? They know what Trump is going to do if they don't stop what they have been doing. 3-17-2025 Clare Article: "Al-Sudani and the US Secretary of Defense discuss regional developments, Syria, and the Houthis by phone." Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani discussed with US Secretary of Defense Pete Hegseth, on Sunday evening, security developments in the region...Both sides renewed their commitment to maintaining regional stability, while the US Secretary of Defense affirmed his country's commitment to supporting Iraq's long-term security and stability." 3-17-2025 Samson Article: "Government advisor: Iraq's relationship with the US is characterized by positivity and ongoing cooperation" Quote: "Iraqis are exempt from the tightening of entry rules to the United States, according to a new list being considered by the US."

Iraq’s foreign reserves grow to $110 billion Iraq Amr Salem March 17, 2025 343 2 min An aerial view of a part of the Iraqi capital, Baghdad. Photo: AFP Baghdad (IraqiNews.com) – The Prime Minister’s Advisor for Financial Affairs, Mazhar Saleh, confirmed on Sunday that Iraq’s foreign reserves, which operate as a buffer against economic volatility, are valued at approximately $110 billion. Saleh told the Iraqi News Agency (INA) that because the country has an established foreign exchange portfolio that is split between gold and foreign currency, Iraq’s foreign reserves are one of the most significant indications bolstering both local and foreign investments. Iraq’s foreign reserves act as a cushion against shocks and volatility in the world economy by bolstering macroeconomic stability both internally and abroad, according to Saleh. Additionally, foreign reserves offer robust coverage of the monetary foundation and financial indicators related to trade and international debts. Iraq’s balance of payments is also showing positive indicators, improving the stability of the Iraqi currency and reducing the effects of changes in the world’s oil markets. Iraq is able to swiftly and effectively increase its reserves of foreign currency since it is the world’s fifth-largest oil producer and benefits from steady international financial flows. The steady investment climate created by these substantial reserves helps to accelerate the rate of investment and sustain the country’s encouraging economic expansion https://www.iraqinews.com/iraq/iraqs-foreign-reserves-grow-to-110-billion/

Al-Sudani's advisor: Iraq's foreign reserves reach $110 billion Money and Business Economy News - Baghdad The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Sunday that Iraq's foreign exchange reserves are a safety net against economic fluctuations, noting that they are estimated at approximately $110 billion. "Iraq's foreign exchange reserves are one of the most important indicators supporting investment, both domestic and foreign, as the country has a stable foreign exchange portfolio estimated at approximately $110 billion, distributed between gold, dollars, and foreign currencies," Saleh said in a statement to the official agency, followed by "Al-Eqtisad News." He explained that "these reserves contribute to strengthening macroeconomic stability, both domestically and externally, making them a protective factor against global economic fluctuations and shocks. They also provide strong coverage for the monetary base and financial indicators related to trade and international debt maturing soon." He added, "The current account of the balance of payments is recording positive rates that enhance the stability of the value of the Iraqi dinar, thus reducing the impact of fluctuations in global oil markets, given the nature of Iraq's rentier economy." He noted that "Iraq, as the fifth largest oil producer in the world, enjoys sustainable foreign financial flows, enabling it to quickly and efficiently support its cash reserves." He stressed that "these strong reserves provide a stable investment environment, which contributes to accelerating the pace of investment and supporting the country's promising economic growth." 560 views Added 03/16/2025 - 3:55 PM https://economy-news.net/content.php?id=53450

Shedagal nailed it.......got in mid forties, now 60...........good grief I get the Patience part............it is a great attribute and all but dang .......pretty sure I am ready to be tested on how to handle a butt load of Wealth........ If only............. Peace to all

Here's some article of Dinarian interests... -ERBIL Hands Over 48 Billion Dinars In Non Oil Revenues. -The Sudanese: To Reduce Speculation, Reveals new Monetary Policies. Treat as rumors. Not verified. Your opine. KTFA via Clare: Erbil Hands Baghdad 48 Billion Dinars In Non-Oil Revenues. ARTICLE: The Ministry of Finance and Economy in the Kurdistan Regional Government announced on Monday that the federal treasury's share of non-oil revenues for February had been transferred to Baghdad. According to a statement from the ministry, received by Shafaq News Agency, the transferred amount amounted to 48 billion and 722 million Iraqi Dinars, which were deposited in the Erbil branch of the CBI. Last month, the Kurdistan Regional Government's Ministry of Finance & Economy announced the transfer of approximately 52 billion Dinars in non-oil revenues to the federal treasury in Baghdad. -Clare: To Reduce Speculation, A Sudanese Advisor Reveals A New Monetary Strategy. The PM's economic advisor, Mazhar Mohammed Saleh, revealed a new monetary strategy Sunday evening that seeks to reduce speculation. Saleh said in a statement to Al-Furat News that: "A new monetary strategy aims to gradually attract foreign exchange transactions to the officially regulated banking system." He explained that "this strategy focuses on expanding the base of buying and selling foreign currency at fixed & stable rates, in line with the current monetary policy." Saleh emphasized that "these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to transparency & money governance in line with int'l standards." He pointed out that "this strategy is being implemented in an organized and precise manner by the Iraqi banking system & specifically targets large transfers, especially those related to financing wholesale trade." Saleh also pointed out "the importance of stimulating electronic banking transactions to reduce cash circulation, which contributes to feeding the parallel market with cash Dollars, thus reducing speculative operations that take place outside the framework of the law."

The Parliamentary Finance Committee calls for activating tax collection and adopting privatization to boost revenues. Buratha News Agency 255 2025-03-18 The Parliamentary Finance Committee stressed, on Tuesday, the need to activate tax collection mechanisms, stressing that this file remains weak despite the multiple financial resources that could contribute to supporting state revenues. The committee also urged the activation of privatization as a primary option to boost revenues and reduce operational burdens on the government. Committee member Jamal Kocher explained in a statement to the official agency that tax collection is a basic resource for the economies of countries, but in Iraq it still suffers from weak collection. He stressed the need to develop a comprehensive government program that guarantees the full collection of tax, while searching for new alternatives away from traditional mechanisms. Koger also pointed out that several factors must be considered, including establishing a clear government program for tax collection, exploring alternatives to traditional mechanisms, and providing incentives for both tax collectors and those responsible for paying them. He emphasized that privatization represents the optimal solution to ensure full tax collection. He added that privatization will help the government reduce the burdens associated with hiring and lower operating expenses, noting that the practical implementation of these mechanisms could yield significant positive returns. He emphasized that the size of the expected revenues from these reforms will depend on the mechanism implemented by the government, explaining that the move toward privatization will boost state revenues and reduce its financial burdens. https://burathanews.com/arabic/news/457750

MegaMillion #'s for 3/18 15 34 35 56 57 MB12 PowerBall #'s for 3/19 TexasGranny 23 24 32 37 56 PB 25 Jetman 19 29 50 66 69 PB 08 babycakes61 35 38 41 55 67 PB 14

so why do they need to be presented again if they have voted on article 12 and approved general budget for 2023,2024 and 2025

The Iraqi Economy: Challenges and Opportunities in Light of Global Financial Transformations Time: 2025/03/17 11:36:21 Read: 2,475 times {Economic: Al Furat News} Mazhar Mohammed Saleh, the Prime Minister's economic advisor, confirmed today, Monday, that the government is working seriously to reduce reliance on the US dollar in domestic trade and promote the use of the Iraqi dinar in financial transactions. Speaking to Al Furat News Agency, Saleh highlighted "the importance of continued cooperation with the international financial community to alleviate external burdens and restrictions on foreign currency transfers." He pointed out that "this approach reflects Iraq's strategy to combat foreign currency smuggling, by strengthening cooperation with international financial institutions to monitor illicit money flows. This contributes to the stability of the national economy and supports Iraq's ability to overcome global financial challenges." From.. Raghad https://alforatnews.iq/news/الاقتصاد-العراقي-التحديات-والفرص-في-ظل-التحولات-المالية-العالمية