Iraqi Dinar Guru opinions 5-26-2025

Iraqi Dinar Guru opinions 5-26-2025

5-26-2025 Intel Guru Frank26 What was the exchange rate in 1980? In 1971 and 1973 of the Iraq dinar rose to $3.3778. Shortly after that there was a 5% devaluation that reduced it to $3.2169…They’re talking about a rate that is a reinstatement rate…Logic says it should be $3.20 something IMO. Read more…

Al-Sudani approves recommendations to re-evaluate the boards of directors of state-owned banks.

Al-Sudani approves recommendations to re-evaluate the boards of directors of state-owned banks.

5-26-2025

Al-Maalouma/Baghdad..
A higher committee approved, on Monday, government recommendations regarding the re-evaluation and formation of the boards of directors of government banks.
The Prime Minister’s Office stated in a statement received by Al-Maalouma Agency that “Al-Sudani chaired a meeting of the higher committee responsible for re-evaluation and formation of Read more…

Diyala: Six major Sunni tribes pull the rug out from under the Halbousi and Al-Khanjar alliances

Diyala: Six major Sunni tribes pull the rug out from under the Halbousi and Al-Khanjar alliances

5-26-2025

Al-Maalouma/Diyala..
Informed sources revealed on Monday that six of the largest Sunni tribes in Diyala have put the Halbousi and Khanjar alliances in an embarrassing position, after the rug was pulled from them in determining the identity of candidates for the upcoming elections.
The sources told Al-Maalouma, “Six major Sunni tribes in Diyala have decided, Read more…

The Sudanese Ministry of Finance directs the Ministry of Finance to prepare budget tables for approval, amounting to 140 trillion dinars.

The Sudanese Ministry of Finance directs the Ministry of Finance to prepare budget tables for approval, amounting to 140 trillion dinars.

2025-05-26 03:15

Shafaq News/ The Finance Committee of the Iraqi Parliament revealed on Monday that Prime Minister Mohammed Shia al-Sudani directed the Ministry of Finance to prepare budget tables in preparation for its approval.

Committee member Moeen Al-Kadhimi told Shafaq News Agency, “Last week, Al-Sudani directed the Ministry of Finance to prepare the 2025 budget schedules in Read more…

Iraq and internal debt

Iraq and internal debt

5-26-2025

We often hear people say, “The domestic debt is not dangerous, because it’s denominated in dinars, not dollars, and it won’t affect foreign currency reserves.” But those who say this either don’t follow the Iraqi economy closely, or are trying to reassure people with statements that are far removed from reality.
When the state borrows from local banks to cover its deficit, it is effectively Read more…

Iraqi Dinar Guru opinions 5-25-2025

Iraqi Dinar Guru opinions 5-25-2025

5-25-2025 Newshound Militia Man 2023 Article quote: “…Because the project to delete the zeros still exists [Alaq] says when this is done correctly we can expect Iraq to become a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980.” That’s the expectation of this – before 1980. That’s coming from the Central Bank of Iraq. Read more…

Al-Sudani confirms the provision of everything necessary to expand the investment environment in Iraq.

Al-Sudani confirms the provision of everything necessary to expand the investment environment in Iraq.

5-25-2025

Baghdad – Mail
Prime Minister Mohammed Shia al-Sudani sponsored the signing of a memorandum of understanding on Sunday to develop part of the Al-Rufayl Economic City in Baghdad, affirming the state’s support for investment projects and providing everything necessary to expand the investment Read more…

Al-Sudani meets with a US Senate delegation and stresses the importance of developing bilateral relations.

Al-Sudani meets with a US Senate delegation and stresses the importance of developing bilateral relations.

2025/05/25

Prime Minister Mohammed Shia al-Sudani received US Senators Angus King and James Lankford and their accompanying delegation Saturday.

Al-Sudani stressed, according to a statement from his media office, Read more…

The Ministry of Foreign Affairs regrets Iraq’s “high-risk” classification: negative impact on investment and tourism.

The Ministry of Foreign Affairs regrets Iraq’s “high-risk” classification: negative impact on investment and tourism.

2025/05/25

The Ministry of Foreign Affairs expressed its regret on Sunday over the continued classification of Iraq by a number of Western countries as a “high-risk” country in travel advisories issued to their citizens. The Ministry stressed that this classification negatively impacts foreign companies’ access to the Iraqi market and hinders Read more…

The Central Bank launches the first national strategy for financial inclusion.

The Central Bank launches the first national strategy for financial inclusion.

2025-05-25 | 09:59

The Central Bank announced today, Sunday, the launch of the first national strategy for financial inclusion.

The Central Bank said in a statement Read more…

On the rescue table… Al-Zayadi: The budget schedules will be voted on soon.

On the rescue table… Al-Zayadi: The budget schedules will be voted on soon.

5-25-2025

Information/Exclusive:
State of Law Coalition member Mohammed al-Ziyadi confirmed on Sunday that the House of Representatives is moving toward voting on the three-year budget agenda within the next few days. This step, he described as “necessary” given its direct connection to the current fiscal year and its impact Read more…

Al-Salami: The government must take urgent action regarding the oil agreements between the region and Washington.

Al-Salami: The government must take urgent action regarding the oil agreements between the region and Washington.

5-25-2025

Al-Maalouma/Exclusive:
MP Haider Al-Salami called on the federal government on Sunday to take urgent action regarding the agreements concluded by the Kurdistan Regional Government (KRG) with American companies related to the investment of natural resources.
Al-Salami told Al-Maalouma that “Iraq’s natural resources represent a right for all Read more…

Framework bloc: There is no veto on a second term for Al-Sudani, and this is the mechanism for granting it.

Framework bloc: There is no veto on a second term for Al-Sudani, and this is the mechanism for granting it.

2025-05-25 01:46

Shafaq News/ The Fatah Alliance, led by Hadi al-Amiri, confirmed on Sunday that the Coordination Framework forces would not impose a veto on the second term of current Prime Minister Mohammed Shia al-Sudani, while explaining the mechanism that could resolve this matter.

“The talk about a veto by some forces within the Coordination Framework on the renewal of the second term Read more…

By 2025, the Iraqi citizen’s share of GDP will exceed $5,000.

By 2025, the Iraqi citizen’s share of GDP will exceed $5,000.

2025-05-25 04:01

Shafaq News/ Iraq ranked ninth in the Arab world in terms of per capita GDP in 2025, according to the Country Cassette website, which collects international data and statistics.

The website stated, in a report reviewed by Shafaq News Agency, that “per capita GDP, which measures the economic output of a country’s individual, is a key Read more…

Iraqi Oil: Gas investment has reached 70% and will increase next year.

Iraqi Oil: Gas investment has reached 70% and will increase next year.

2025-05-25 04:47

Shafaq News/ Abdul-Baqi Khalaf, an advisor to the Iraqi Ministry of Oil, confirmed on Sunday that Iraq is investing approximately 70% of its associated gas, noting that this percentage will increase next year.

Khalaf told Shafaq News Agency, “Iraq invests 70% of its associated gas, but it needs Read more…

Iraqi Dinar Guru opinions 5-24-2025

Iraqi Dinar Guru opinions 5-24-2025

5-24-2025 Intel Guru Frank26 The CBI came out last night and told the citizens of Iraq, ‘we know you got 90%-93% [dinar hoarded under your mattress]. We know that…Security and stability used to be the problem. We got that. Now you’re the problem Iraqi citizen…We want you to bring in your 3-zero note. When you do, deposit them in ‘My Accounts’…they’ll be safe and secure… Then when we raise the value of your currency, boom, automatically they are adjusted and you get credit for what you had…We want to become a digitalized nation. Bring them in for crying out lout. We have ‘My account’ established for you…’ That’s where we’re at…The CBI knows very well what they need in order to release the new exchange rate. Read more…

“Shadow” Oil: Expert Reveals Shocking Figures on Smuggling in the Region Through Türkiye

“Shadow” Oil: Expert Reveals Shocking Figures on Smuggling in the Region Through Türkiye

5-24-2025

Information/Exclusive:
Economic expert Hassan Al-Sheikh revealed shocking figures on Saturday regarding the volume of oil exports from the Kurdistan Region through unofficial channels, confirming that the region exports more than $3 billion annually via the black market, without the knowledge or oversight Read more…

A government advisor reveals a “dangerous paradox” in the private banking sector.

A government advisor reveals a “dangerous paradox” in the private banking sector.

2025/05/24

The Prime Minister’s economic advisor, Mazhar Mohammed Salih, affirmed that restructuring the banking sector is a fundamental and important step toward enhancing the stability of the financial system and supporting economic development in Iraq.
Saleh explained in a press statement that this restructuring aims to Read more…

Foreign Minister: Iraq is working to achieve self-sufficiency and energy independence.

Foreign Minister: Iraq is working to achieve self-sufficiency and energy independence.

2025-05-24 06:35

Shafaq News/ Foreign Minister Fuad Hussein affirmed on Saturday that Iraq is working to achieve self-sufficiency and energy independence, while expressing his regret that a number of Western countries continue to classify Iraq as a high-risk country.

This came during his meeting with US Senators Angus King, an independent from Maine, and James Lankford, a Republican from Oklahoma, according to Read more…

Fadlallah: The Kurds’ foreign movements are a constitutional violation and a veiled message of secession.

Fadlallah: The Kurds’ foreign movements are a constitutional violation and a veiled message of secession.

5-24-2025

Al-Maalouma/Baghdad..
Political analyst Ali Fadlallah considered, on Saturday, that the visits made by Kurdish officials abroad, especially to the United States, represent a real violation of the concept of the Iraqi state.
Fadlallah said, in a statement to Al-Maalouma Agency, that “the Iraqi constitution clearly stipulates that the regulation of foreign relations Read more…