Militia Man – Iraq Dinar News-Global ASYCUDA System & International Company (Uncut) 05-01-2025

Militia Man – Iraq Dinar News-Global ASYCUDA System & International Company-Linking National Banks-USA Banks

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Today is April 30th. Surprising that this spring’s already come to a close, but I’m looking forward to a beautiful summer. We’re going to start off with some Iraqi Dinar news, of course, and the government advisor.

It says, Iraq is in a prosperous era despite the difficulties of the international economy. So Iraq, aside from everybody else in the world, these guys are going to be doing good. And Mohamed Saleh confirms that operating expenses and salaries and other expenses constitute X, which is about 57% of total spending.

But the bottom line is he confirms that the success of fiscal space management in supporting the country’s financial and economic development, sustainability, even in light of the relative decline in oil assets. Okay, so then there’s been some news out today that Iraq is going bankrupt. Well, I don’t know where they’re getting that.

So it looks like fake news. But just take in the good, throw out the bad, but do your research. He points out that this has had a positive impact on the citizens’ living conditions as annual growth and general price level or the inflation index has remained below 4% per year, a key indicator in the country’s stability roadmap and maintaining its standard of living.

The inflation has been under 3%, but they used four, but that’s okay. Saleh describes the current situation as a prosperous era despite the difficulties facing the regional and global economies. Basically, what’s it telling us? It says that, in my view, the data shows that the central bank of Iraq has done a very good job with their reform program, keeping inflation low, which is a good component that does support if they have a revaluation of their currency.

It is a component of that process. Basically, there’s confidence. This is a testimony of it.

Basically, Iraq has that security and stability that we’ve been talking about. Look, we know that they brought in about $62 billion in trade for investment purposes, for reconstruction efforts from outside sources. So keep that in mind when you’re thinking about, well, are they doing all this at 1310? Well, no, they’re doing $62 billion worth of trade in foreign currencies outside of the dinar.

And can they? They do. They can. But hey, Iraq’s not paying for it.

It’s their money. So anyway, this whole process is fascinating because of the way it’s unfolding. But ultimately, we’re just going to stick to the topics.

Finance, okay. Work is underway to implement the Eskeda system in customs. So we saw that yesterday.

Ministry of Finance is proceeding with the automation and comprehensive system across the ministry sectors, including the banking sector. He explains that work is underway to implement the Eskeda system in the customs sector with the UN experts training employees to implement it. So you’re going to see in the news, not just about this, but training, central bank having training here.

The Ministry of Finance is having training, training of high-tech technology. You see training about that. Supporting the youth, like I’ve been talking about.

I firmly believe that the youth of the United States, the youth of Europe, the youth of all over the world should be aware of what’s taking place. And I know that what they’re doing with Iraq is they’re teaching their youth. Why? Because they have a massive population that is under 65.

Matter of fact, probably more likely to be in the 20s to the 40s is probably the most prevalent, but you can Google the statistics. But anyway, the system is looking to be ready for full implementation across all their ministries and the banking sector. So it’s been a long time coming.

It sure has. To me, it’s very telling because what they’re doing is using electronic systems that will be a massive source of revenue. What does that mean? Massive source of revenues, but it’s going to be less corruption, less graft across the borders, accountability for customs and fees and taxes.

And you notice that today or yesterday, today too, I think there’s articles out specifically about stopping oil smuggling. So the corruption in Iraq, of course, we all know that it’s been heavy and they’ll have a lot of work to do and they’ll keep on doing it as they go. It’s going to be a lot of money revenue streams, you guys, coming from there.

And the next topic that we should talk about is Iraq and Saudi Arabia signed an agreement to establish the largest industrial complex for silica projects. So that’s pretty big. It’s a trading partner.

It’s a neighbor, right? And we all know that investment, a lot of big companies, a lot of countries, they don’t go into places that aren’t secure and stable. And Iraq has shown that and they’ve been talking about it time and time again, that how they have security and stability underway. And the money shows that 62 billion, for instance.

And don’t forget, everybody probably is fully aware that Iraq has got just in the rare earths, about $16 trillion that can be exploited worth of minerals. So that’s just one component, the taxes and tariffs at the borders, non-oil revenues, natural resources outside of oil, non-oil revenues, all of that stuff. So anyway, it says this agreement represents a major turning point in industrial cooperation between Iraq and Saudi Arabia.

And we will step forward, diversifying sources of income, developing national industries by utilizing local raw materials. So they get the picture. They’re going to be involved in it as well.

They go on to say that they’re to establish the largest integrated joint industrial complex that relies on silica as a basic raw material in the implementation of many future industrial projects that include flat glass, bottles, jars, ceramics, sanitary ware, floor, wall ceramics, tiles, glass, electrical insulators, and sodium silicate, and so forth, and other projects. They also go on and say it will also contribute to strengthening the national economy and increasing industrial production and a step toward building a solid industrial base that will contribute to providing job opportunities and enhancing economic sustainability. That’s another key buzzword.

Remember we talked about the IMF and the World Bank and all that, security, stability, sustainability, all these little buzzwords that keep coming at you. They’re just hammering it home. It says this project is expected to contribute to a qualitative shift in the industrial sector in Iraq and constitute a strong pillar for sustainable economic development between the two countries.

Again, sustainability of Iraq is showing up everywhere. The investment environment is economically sound or the investment inflows would not be as robust as they are currently now. Making money coming and going is what it looks like.

This is going to be a very profitable position for people that are coming into the country. Obviously, again, you follow the money, and they told us they have plenty of assets. They told us trillions of dollars worth of assets, and obviously people have already put up billions of dollars to be involved.

It says Iraq intends to raise trade with Iran to 25 billion. So they’re actually about 11 billion now, but they’re going to more than double it. That’s interesting.

It kind of gives a positive tone to what’s going on with the neighbor. This guy, Khiladi, he’s an advisor to the prime minister. He says it could increase to about 25 billion annually.

He goes on and says this figure could rise with the completion of agreements between the two countries regarding the establishment of border markets, cross-border payments, cross-borders, customs, ice-cutter, and joint economic zones and cities. So we’re talking about industrial cities that they’re talking about, free trade between the two countries or many countries, whether that be Turkey, Jordan, Saudi Arabia, and even Iran. Basically, they’re just going to be using it.

The information that we’re getting is suggesting that Iraq is still going to be doing business with a neighbor of Iran. So hopefully that gives a positive tone, because you know what? Sometimes the news doesn’t quite paint the right picture all the time, and some things that are working behind the scenes may be different than we think. So Baghdad hosts a unique event on innovation.

Global companies, Iraq is moving forward with their digital transformation. Who’s involved? Well, the company Dell Technologies is involved. They had an innovation conference.

It says that through cooperation with the public and private sectors, we will offer extensive experience gained from America, Europe, and Asia with the aim of sharing this experience with the Iraqi market and developing it to achieve various successes in technology, and they include what? Artificial intelligence sector. We also work with our local partners with the public and private sectors as well as Excel in designing and competitive growth for institutions. And this gentleman goes on and continues.

He says there are specific requirements for the banking and the business communications, health, defense, and cyber security sectors, which of course is each one of these sectors has its own unique characteristics and requirements, which is why we can identify the priorities and work systems in these sectors. He goes on and says Iraq is making rapid strides and there is significant development and significant support from the government through clear directives, and he says today there is expertise in the workforce. So Iraq’s workforce has expertise and growing knowledge base for the younger generation in modern technology.

Again, they’re the ones that are talking about their youth. So the youth in all around the world, they need to understand that the modern technology, the new technologies, especially when it comes to finance and cross border payments, is going to be a really powerful thing. And so people really should get studied up on it and learn about it.

I really recommend that. He goes on and adds that the continued support of the prime minister and government’s orientation towards technological and technical development in Iraq has placed the Iraqi market at the forefront of international companies’ interests so that prepared to work with Iraq themselves instead of choosing agents and representatives. The government’s strategy for digital transformation and infrastructure to be a distinguishing mark of the government’s work conveys a true picture to decision makers and international companies of Iraq’s seriousness in building and developing the system.

It goes on and says the greatest attention is focused on the government sector due to the urgent need. There’s a necessity for this, as Iraq has actually begun entering the field of digital technology since 2022, 2023. So it’s been a couple few years.

And there is increasing demand in the local market to attract these needs. And he says since after 2003, we have a young generation aged 22 to 26. I said between 20 to 40.

But here they’re talking about it’s even more confined between 22 and 26 years old. It says who are qualified to lead the digital transformation. So again, I think you guys can see that they have the youth, they have the skills, and they have the education.

And they’re even getting help with loans to start entrepreneurial jobs. And which would be a really good thing here in the United States to keep people at work and create more jobs. Okay, import control and authority.

So that for imports and control of authority, okay. Significant rise in non-oil revenues during the Sudanese government. So al-Sudani has increased the non-oil revenues since he’s been in office.

And it says that this person from the head of the commission, her name was Susan Abdullah. She says that non-oil imports rose significantly during the government of Muhammad Shih al-Sudani, including long-term investment revenues, which are intended for investment projects to which amounts for the development of the regions and petrodollars and special programs have been allocated. It says this paragraph was not activated in the past and was activated during this session.

Anti-corruption operations, especially with regard to taxes, including customs duties, traffic fees, passports, and residence have led to a rise in non-oil revenues, as well as the imposition of many additional fees. Realize you guys, Iraq’s original valuation was primarily based off oil. Now they have non-oil resources.

They’re really going to be able to support a real effective exchange rate, as far as I can see. The last stage is a precise stage, as I’m assuming what they’re in now, as it relates to auditing imports and ensuring the source of composition of all federal revenues. Well, isn’t that what the ISCADA system is for? And they have it all set up with all the ministries.

Isn’t that going to be having to have an interconnectivity with the borders and the banks? And I think you guys know the answer to that to be yes. And again, here’s Sudani. The prime minister confirms the government’s readiness to provide facilities to support the work of Baker Hughes in Iraq.

I don’t know if you guys have Googled who Baker Hughes is, but they are a leading company in the world, global company in energy technology. Again, companies like this, they’re not going to come in and risk billions of dollars to have missiles lobbed at them. They’re just not going to do that.

But anyway, Sudani confirms on Wednesday the government’s readiness to provide facilities support work for the American company Baker Hughes in Iraq. So the CEO from Baker Hughes was there. They have a specialization in oil and energy services.

It says that al-Sudani stresses, according to the statement, the government’s readiness to provide all facilities and support for the company’s work in Iraq in light of government procedures for the entry of businessmen and companies into the Iraqi market. The government has worked to improve the business environment to attract companies in all sectors. So it’s not just the energy sector.

So he’s reiterating it. Basically, he states that Iraq is, or this company, is committed to implementing energy projects in Iraq, expanding its framework. And he’s noted that Iraq enjoys promising investment opportunities in various fields.

So some of the largest companies in the world are stating Iraq enjoys promising investment opportunities. In my view, Sudani has worked hard on all of the achievements. To me, they’re amazing.

Baker Hughes Company is a global player in energy. They would not be doing business in the country if the environment was not the way it is today. Stable, secure, and without obstacles.

And they’ve been using that word, too, quite a bit. Obstacles. If you’ve been following along, you might catch a lot of these buzzwords.

Remember, sustainability, security. Well, now you have obstacles. So anyway, there’s more than that.

But anyway, the government advisor. This is my last article, you guys. And it’s a good one.

Says the government advisors, it says linking national banks with their American counterparts provides a means for economic stability. And the advisor to the prime minister, Mohammed Saleh, confirms on Wednesday, linking up U.S. banks provides financing and credit lines for trade and investment in Iraq. He explains that the direct cooperation with more than one U.S. bank reduces the costs of foreign transactions.

Remember the new technology, fast, transparent, costs less. That’s what they’re talking about. As long as Iraq is located within the dollar zone, like other OPEC countries, where the U.S. dollar constitutes the majority of its financial assets from oil revenues, it’s in our country’s interest to deal equally with the U.S. commercial banking system as a global correspondent for national banks, especially when dealing with more than one U.S. bank operating globally.

And they put global bank in parentheses that has major international branches and arms. Now, they don’t say which bank it is, but my best guess and educated guess, I would say, would be someone similar to J.P. Morgan Chase. Okay, so what the Central Bank of Iraq is working on to link national banks with major banks and financial institutions in the United States, with more than one bank that enjoys international status, is an important means of providing economic stability and improving the climate for investment, trade, and development in our country through integration with the dollar trade, banking, and investment zone, which remains one of the strongest and most important monetary zones in the world without a doubt, end quote, without a doubt.

The United States dollar is the largest trading commodity on the planet, something similar to that, that’s for sure. Okay, reducing the cost of foreign banking transactions today requires direct banking cooperation with more than one global bank. And the Central Bank of Iraq is moving in the right and open and accelerated direction in assessing its priorities to serve the stability of the national economy in terms of foreign banking transactions, implementing them with required speed and guarantees.

The Second American Bank is responsible for providing opportunities for Iraqi banks as a global correspondent bank with multiple branches and operations to quickly implement banking transactions, whether in the transfers or financing trade for our country’s markets, without obstacles, there it is again, and with transparency and high governance. It also provides financing and credit lines for trade and investment in Iraq, as well as benefiting from digital financial and banking services and highly advanced international standards, bringing our national banks to the required global level. I think you guys can see where this is headed, Iraq is going to go to a global level.

And I think we all realize that they haven’t done it at 1310 to one US dollar, they’re going to have a real effective exchange rate that has freedom of capital movement movement across borders. These are all factors that encourage the investment and business climate in our country while simultaneously integrating and cooperating with the international banking system. That tells me this article basically is telling me, like we’ve said, Iraq’s fully ready to go.

They’re just now openly talking about it. And who’s the one that’s talking about it? Muhammad Saleh, the prime minister’s advisor. The guy’s credible.

Okay, it’s credible data. You can usually trust what he has to say. The preparation to do international trade is in place between Iraq and the USA in real terms.

I think you guys can see that. The investment climate is, and they’ve talked about it, is going to be stable, it’s going to be secure, and it’s going to be strong economically. The new systems that are in play that are being used are going to be transparent, they’re going to be cost effective, they’re going to have fast, they’re going to be very quick, they’re going to have guarantees that go with all that.

So I think, again, I’ll say it again, you can see where this is headed. And I’m going to refer back to what they said, with no obstacles in the way. I don’t think Saleh’s playing games when he’s talking like this.

I don’t think we’ve ever seen an article like this from Saleh that I’ve been around for 15 years. So anyway, I brought that to you guys. I hope you guys are excited as I am.

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