MP: June will mark the end of dollar smuggling in Iraq

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Shingal said in a statement monitored by (IQ): "Our transfers are currently considered dollar smuggling, but the situation is now better. I believe that in June, regular correspondence will be adopted, which will significantly reduce smuggling, and may even lead to its near disappearance." He noted that "some type of oversight will be imposed on the payment system in Iraq, including knowing who paid, how they paid, and where the money was spent. These processes will be automated to ensure transparency and track expenditures." Shingal explained: "The goal of these measures is to reduce the amount of support provided to factions and those loyal to Iran. It is true that reaching zero support is not currently possible, but we are very close to achieving it, and this is the primary goal." He added, "Another goal is the entry of 60 American companies into the Iraqi market daily, and this is a very positive sign."

Erbil and Washington agree on the need to resume the region's oil exports.

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Kurdistan Regional Government Prime Minister Masrour Barzani discussed the latest developments in the region in a phone call with US Secretary of State Marco Rubio, stressing the importance of strengthening bilateral relations. During the phone call, the two sides agreed, according to a statement from the Kurdistan Regional Government, on the importance of strengthening and consolidating the bonds of friendship and alliance between the Kurdistan Region and the United States.

Vice President of the American Chamber of Commerce: The Treasury Department will play a role in developing the Iraqi economy. ⁠

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The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wednesday that the Treasury Department will play a role in developing the Iraqi economy. Meanwhile, the head of the Iraqi Economic Council stated that the country is much better off economically today than in previous years. "Our visit to Iraq is the largest visit by businessmen from various sectors from the United States of America," Lotus said during a press conference attended by a Shafaq News Agency correspondent. He added, " Iraqi Prime Minister Mohammed Shia al-Sudani is working to establish partnerships between Iraqi and American companies to develop Iraq's industrial and economic sectors."

Economist: The dollar in Iraq will not be affected by any international changes

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Economic expert Duraid Al Anzi confirmed that the stability of the dollar exchange rate in Iraq and the slight downward trend are due to local factors, explaining that the dollar in the country will not be affected by any international changes at the moment. Al-Anzi told Al-Furat News Agency that "the current exchange rate situation reflects that black market traders have stopped manipulating currency prices, relying heavily on sales from the Central Bank of Iraq."

Iraqi PM Launches Ambitious Banking Sector Reform

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Prime Minister Mohammed Shia' Al-Sudani addressed the Conference on Reforming the Iraqi Banking Sector on Monday, outlining an ambitious agenda to modernise Iraq's financial infrastructure and promote sustainable economic development. Key initiatives and achievements highlighted in the Prime Minister's address include: Implementation of a three-year national budget, enabling long-term planning and strategic investment in health, education, and infrastructure.Efforts to diversify revenue sources by automating customs with the Automated System for Customs Data (ASYCUDA) system and improving tax systems, resulting in a 128% increase in customs revenues and 22% rise in tax revenues. Structural reforms of Rafidain, Rasheed, Industrial, and Agricultural Banks, supported by an international consultancy firm.

Al-Sudani's advisor talks about a "new chapter" with Washington and the agenda of a US delegation in Iraq soon.

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Farhad Alaaldin, the Iraqi Prime Minister's advisor for foreign affairs, spoke about a "new chapter in the Iraqi-American partnership." He also touched on a "promising" opportunity for American companies specializing in the manufacture of floating platforms and the supply of liquefied natural gas to participate effectively in Iraq. He also revealed the agendas of a "high-level" American delegation visiting Iraq this month. CBI iraqi dinar Iraqi Dinar revaluation updates dinar news #iqd Central Bank of Iraq Dollar crisis in Iraq Dollar exchange rates in Iraq Importing the dollar from outside Iraq Government decisions Iraqi-American relations Iraqi Banks Iraq's economy Rentier economy Iraqi banks Banks in Iraq US Department of Treasury Government crises constitute bad faith.

The Impact of New US Policies on the Iraqi National Economy

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Most countries around the world have been affected by these repercussions, which have had a profound impact on the Iraqi economy. What concerns us is the results of these repercussions and the expected impacts and implications for the economic reality in Iraq in the coming years and until 2030.

Iraq is recovering... an important message from Grand Ayatollah Sistani to the Iraqi people⁠

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⁠⁠In a message conveyed by one of his representatives and monitored by the Video News Agency, Ayatollah Sistani said, "The country is moving toward recovery and stability," calling on everyone to "not fear and to cling to hope for a better future."

also ... An interview They talk about:

What it takes to succeed in frontier markets like IraqHow the Iraqi diaspora is returning to build the countryWhy the future of tech in Iraq is brighter than you think Real estate, startup exits, and investing in one of the most misunderstood economies on earth

Iraq Central Bank: We will launch a major initiative to finance industrial projects ⁠

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He added, "This initiative was recently proposed by the Cabinet as part of the government's banking sector reform program and government measures with the Central Bank," noting that "the Cabinet agreed to cooperate between government banks with a financial surplus to finance a package of industrial projects through the Industrial Bank." He explained that "all other projects are funded according to their sectoral channels, as part of the government's general approach to supporting industrial, agricultural, housing, education, health, investment, and other projects."

Iraq prepares to receive a delegation representing 50 American companies.

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The Iraqi Embassy in the United States announced on Saturday arrangements to receive a delegation representing 50 American companies specializing in energy, healthcare, education, and other sectors. A statement published by the Iraqi Embassy in Washington, followed by "Ultra Iraq," stated that "Iraqi Ambassador Nizar Al-Khairallah met with Steve Lutes, Vice President of the U.S. Chamber of Commerce and President of the U.S.-Iraq Business Council, along with his deputies.