More News, Rumors and Opinions Monday PM 3-17-2025
KTFA:
Clare: Erbil hands Baghdad 48 billion dinars in non-oil revenues
3/17/2025
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 Central Bank of Iraq.
Last month, the Kurdistan Regional Government's Ministry of Finance and Economy announced the transfer of approximately 52 billion dinars in non-oil revenues to the federal treasury in Baghdad. LINK
Clare: To reduce speculation, a Sudanese advisor reveals a new monetary strategy.
3/16/2025
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."
Raghad LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
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.
Sandy Ingram 5 reasons why the IQD will increase in value. This assessment is based on Iraq only accepting payments for shipping services in its own currency. 1. Higher demand for IQD - when international companies pay for shipping, railway usage and port service in Iraq dinar, the demand for the currency increases. 2. Scarcity formula - As more businesses buy IQD...the supply of available dinar decreased making each unit more valuable. 3. Less dependent on the US dollar - if Iraq shifts...to the IQD instead of USD it strengthens the local currency while reducing inflationary pressures. 4. Stronger economy equals stronger currency. The development road will create jobs, increase exports and boost government revenue leading to economic growth and a more stable IQD. 5. An alternative to the Suez Canal saving billions for companies exporting to Europe.
The Planned Global De-Dollarization Black Swan
Heresy Financial: 3-17-2025
TIMECODES
0:00 Trump's Dollar Devaluation
1:15 Taleb’s Warning & the Threat
3:00 Hyperinflation vs. Deflation
4:15 Step 1 – Devalue the Dollar via Tariffs
6:30 Step 2 – Cut Government Spending
8:00 Step 3 – Build Strategic Asset Reserves (Gold & Bitcoin)
10:00 Impact on Interest Rates & Market Volatility
11:45 Refinancing & Bond Market Dynamics
13:00 Global Implications: A New Financial Order
15:00 Actionable Insights: Profiting Amid Turbulence
16:10 Conclusion & Call to Action
