Militia Man – Iraq Dinar News-Update (Uncut) 04-24-2025

Militia Man – Iraq Dinar News-Update-Central Bank-Iraq Stock Exchange-ADX-New Economic Era-Economic Control

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It’s the 23rd of April, and I just want to say I hope everybody had a wonderful Wednesday, and I’m looking forward to a warmer weekend. Okay, the Central Bank has an article out today that I think you guys might want to be aware of, if you’re not already. It says it’s committed to building a more inclusive and fair digital financial system.

It says there’s an importance to the role of the media in supporting financial inclusion and spreading financial culture while pointing to its commitment to building a more inclusive and just digital financial system. Interesting that they’re talking about a digital financial system. It says that the assistant head of the financial affairs department of the bank, it says that Mrs. Mohammed says in a speech that during this ninth, or third, it says the ninth scientific conference, but it’s the third international one.

And it’s a conference with the College of Media in the Iraqi University. And it’s basically under the slogan of artificial intelligence in the media, prospects for innovation and challenges of cultural dialogue. Attended by the correspondent news outlets.

It says the conference reflects the bank’s vision to promote financial inclusion and implement government directives toward the use of electronic payment methods and the role of the media in spreading financial culture. You guys realize that Iraq’s population is primarily the youth. And so they’re going at this with an educational purpose.

It says financial inclusion has become one of the pillars of economic and social development. It not only means the access of individuals to banking services, but also includes enabling them to make smart financial decisions and contribute to improving the lives and supporting the stability of society as a whole. So they’re going to use the youth to get the word out.

Have they been doing this already? Absolutely. But here again, it’s more of a in-depth situation where they’re talking about the media. They need to kick it up a notch, if you will.

He goes on, she goes on and extends, suggesting this extends to building a well-established financial culture that enhances trust between the citizens and financial institutions. There hasn’t been trust with the financial institutions for probably 20 years. And so they’ve been hammering this home for quite some time and probably over the last five years, but they’re ultimately want the citizens and financial institutions to come together and even more so.

She goes on and says that the government’s orientation towards promoting the use of electronic means of payment has become an urgent necessity. So there’s an urgency in her tone, right? That’s imposed by the developments of the era. And that’s an interesting word that’s being used.

It’s because things have changed. It’s a new era. Okay.

Which requires all parties, whether they are academics, journalists, or institutions to unite in order to guide society. She’s stressing that the media colleges play a pivotal role in preparing media cadres capable of delivering financial messages in innovative and highly credible ways. So they want the information to be accurate.

And for what? To bring economic concepts closer to all segments of society, especially the marginalized groups or those that were outside the traditional financial system. So when they say outside the traditional financial system means that they want them not only if they were ready to go now with the new system, they want those that were outside the financial system as a whole. So there was other people that probably just dealt specifically no banks and all cash.

All right. She goes on and includes that by saying this integration between the central bank and in universities, not only aims to increase the use of electronic payment tools, but also aims to create a conscious generation financially and technically, and is capable of leading the national economy towards further progress and modernity. So they’re going to modernize the system.

They’re talking about it. They want the youth, the citizens, to help in the effort, which is nothing wrong with that. It looks to me like the central bank is leaning towards this college media to get the accurate word out about what’s taking shape in the technology sectors that can easily bring confidence to the banking and financial system.

It’s just going to be a different way outside of the traditional financial system. People have been using cash, if you will, outside the system. And there’s focusing in on trying to get potentially that cash into the system and then to give financial inclusion.

So everybody has the opportunity to take advantage of the new system that’s coming into play, which is fully underway, in my view. So that’s an interesting topic that comes up when the central bank talks about things like that. It’s obviously for a purpose.

It’s obviously for educational purposes, etc. The next thing is that I don’t know if you guys realize this, but we’ve known for a long time that we thought that the ISX was going to interlink with the NASDAQ, which is here in the United States. But we haven’t seen that yet.

That could be for many reasons. But here now they said that the Iraqi Stock Exchange signed a memorandum of understanding with the Abu Dhabi market to join the Tadal platform. Realize that Abu Dhabi, that this platform is an international exchange.

It has global connections. And that would mean that if Iraq is joining or has joined, but I believe it’s more of is joining, they’re also going to have that exposure to international markets. That’s pretty simple.

It says the Iraqi Security Exchange and the Iraqi Securities Authority signed on Wednesday, a strategic memorandum of understanding with the Abu Dhabi Securities Exchange to join the Tadal platform for digital trading, thus becoming the ninth member of the platform. Excuse me, Wally. Okay.

So anyway, as we move along, he’s obviously going to keep talking. It says the signing ceremony was held at the headquarters of the Abu Dhabi Securities Exchange. And this step comes from the framework of enhancing joint cooperation between the two sides based on the initial agreement announced back when, between the two parties, January of 2025.

And what were they doing? They had an aim of enhancing joint cooperation between the capital markets of the two countries. They go on to explain. You guys, excuse me for one second.

Okay. He wasn’t going to let me get away with not opening the door so he could go into the closet and rustle up my papers. Okay.

So, but that’s just, that’s the way Wally is. And I hope you guys realize and thank you for being patient. We find out that Wally and Winnie both have, in their genetics, they’re Bengal cats.

And we’re finding out exactly what that means. They’re like little dogs. They want to be around us 100% of the time.

It’s fascinating. But anyway, they’re very vocal, as you can hear. And the older he gets, the more vocal he is.

So I hope you guys don’t mind me sharing that with you. But anyway, in this memorandum of understanding, it’s basically stating that it will contribute to paving the way for investors and brokerage companies to have direct and smooth trading between the Abu Dhabi Securities Exchange and the Iraqi Stock Exchange, as the Tadal platform allows brokerage companies in both markets to access other markets remotely, contributing to enhancing interdependence between markets and enabling Iraqi investors to access regional and global investment opportunities. I can’t say it enough.

You have an international exchange. They’re joining. I think they’re going to be the ninth country to actually join it.

There’s more coming. So it’s a global issue, global investment opportunities. But she goes on and says, taking advantage of the Tadal platform, investors in member markets will be able to participate in the initial public offerings.

A lot of people like initial public offerings to get it on the ground floor, for instance. Okay, so what does it do? It’s contributing to highlighting advantages of cross-border trading. I’m fairly certain the joining of this is coming about when Iraq’s currency will be cross-border trading.

And that will be on international markets such as the Forex, etc. Okay, the chairman of the Iraqi Securities Authority, Faisal Al-Hemmah, he says he praises this step, stressing that the accession of the Iraqi market to the exchange platform is a paradigm shift in the process of developing the infrastructure of the financial market in Iraq. So paradigm shift.

Okay, they’re really excited about this, because it’s going to make a big difference. He says the platform will enhance the opportunities of regional partnership and economic integration, economic integration with the Arab capital markets. So that’s going to be emerging.

So which contributes to opening wider horizons for investors and reflects the authority commitment to supporting the digital transformation in the Iraqi financial market. He’s basically stating that we’re proud to have the Iraqi Stock Exchange join the Tadal platform for digital trading, as this represents an important steps towards developing the financial market, enhancing its accession with regional markets. She points out the cooperation of the Abu Dhabi Securities Exchange comes in line with efforts of the Iraqi government to promote economic growth and increase investment, which supports the government’s objectives in promoting economic openness and developing financial infrastructure.

The CEO of the Abu Dhabi Securities Exchange Group, he comes on and says this memorandum of understanding marks a milestone in the process of cooperation with Abu Dhabi Securities Exchange and the Iraqi Stock Exchange. The platform also provides access to more than 7.5 million investors for member exchanges, and includes more than 490 listed companies. As in 2025, witnessed a doubling of trading activities between the member financial markets.

So obviously, they’ve doubled in the last year. That’s fascinating. And they go on and say they’re reflecting, which is reflecting this platform’s position in the regional financial landscape.

So ultimately, they have numerous, I think it’s nine, and Iraq is joining that platform. The Bahrain Stock Exchange, the Muscat Stock Exchange, Astana International Stock Exchange, the Kazakhstan Stock Exchange, Central Asia Stock Exchange, the Armenia Stock Exchange, Amman. And they go, it just, it’s huge, you guys.

It says here that the Abu Dhabi Securities Exchange, which is the ADX, you guys can look that up. I googled it, I found that there’s plenty of information that shows, and I’ll read a little bit of it. It says that they have advanced technology infrastructure, expanding investors’ access to these markets.

And what is it for? It’s basically to get through strategic partnerships, leading financial markets, especially in the Arab countries, such as Iraq. So, okay. So this also contributes to enhancing, all of this is enhancing liquidity, provides innovative solutions for trading.

They go on and support the integration of financial markets at the regional and international levels. And so, obviously, even though they haven’t got on the NASDAQ, and they’re still joining this one, they didn’t do what they said they were going to do at the NASDAQ, because their stocks don’t qualify to be on the NASDAQ. But, and we also noticed that we just recently saw that they mentioned, or witnessed that they have noted that many of their stocks are less than a penny, in our terms, or less than a denar, for instance.

Okay, so that’s subzero stock trading. That’s sub-penny here in the United States. And therefore, you’re not going to be on a major stock exchange.

You’re not going to be on a global international stock exchange at that price. I don’t know anybody that knows why and how they can do that. But a lot of people suggest that they can do that.

They can trade and do business cross-border payments with 1310. Sure, other countries have done it, but Iraq has restrictions on her currency, and they’re not going to get lifted until she’s compliant with probably what, Article 8, Article 4 of the IMF rules. No restrictions.

And obviously, they have some. So ultimately, why go through all this effort? Why have memorandum of understanding for, to go onto the ADX, especially at this time? I think it’s kind of obvious. So anyway, as far as the ADX is concerned, it’s an international investor base.

They have strategic partnerships. They have dual listings. They have a global network, international financial center.

It says sustainable practices. They talk about that. They talk about cross-border trading.

And all of that is highly, highly bullish that Iraq is changing. She has a digital transformation. They’re talking about digital trading stocks on a global level.

On another front, aside from the stocks and other things that they’re doing, digital transformation, the government advisor in this particular article talks about the development indicators put Iraq on the threshold of a new economic era. So the prime minister’s advisor, the good old Mohammed Saleh, he confirmed on Wednesday that development indicators put Iraq on the threshold of a new economic era, pointing out that the GDP is pushing Iraq towards development sustainability faster than expected. It says the fact that Iraq is the third economic force in West Asia among the Arab countries in the GDP compound after Saudi Arabia and the United Arab Emirates.

It’s a two-way indicator. The first portion of it is, it says, the first is accelerated ability to achieve long-run development, stressing the speed and unprecedented development of our country and imposing the great economic and political stability achieved for Iraq. And secondly, he goes on and says, second is related to GDP and also confirms at the internal level that our country is an effective economic force in attracting investment opportunities in the field of development and provided by the great stability environment in recent years in order to support the sustainability of development more quickly than expected.

So they’re moving forward at an accelerated pace and they’re surprised by it. That’s because they’ve been pushing for the last two years. He continues, he says, the urban renaissance and the launch of infrastructure and service programs are among the most important events in government policy and economic program and did not stop to confirm its success in accelerating.

So it says that our country occupies its geoeconomic position as a promising path, the most notch, which is the highest rates of high economic growth. I think that if there’s a third largest GDP now, that’s got to be telling something. It says what we see of positive indicators of Iraq’s interest among the economies of West Asia has established a new economic era for Iraq, which is accumulating an accelerated pace of the rates of development with the strength of stability, which has the condition of necessity for our country, which occupies the third place in progress of GDP as a condition of adequacy.

So they’re talking about it’s necessary and it’s a condition of adequacy. And they also mentioned with cohesion. Says the advisor points out that this cohesion remained the pillar of effective participatory and institutional role of three authorities, the legislative branch, the executive branch, and the legal.

Overcoming the experience of difficult years to achieve the pillars of desired progress towards securing the future and building the future of welfare, stability, and development, which has earned the current government program the ability to achieve its positive goals in achieving large scale economic successes and without a doubt. That’s his words. Look, there’s a positive tone that’s being forecasted by Iraq.

Basically, they’re doing things that have been unheard of before. These comments that are coming from the prime minister’s advisor, I don’t think I’ve ever heard anything like it before. They’re talking about acceleration.

They’re talking about an economic era they haven’t seen in many decades. I think that basically this process is ongoing. It’s going to keep growing.

The present progress that they’ve made in GDP is off the charts as far as that’s concerned, in my view. The difficult years appear to be behind Iraq. They’re just knocking it out of the park and moving forward.

We’re seeing them effectively tell you and give you reassurances that Iraq is going international. Here’s an article called The Deputy Financial Situation is Under Control. There’s going to be a key thing in here that I find very interesting.

Okay. It says, the member of parliament, Rebar, or Haman, he says that Wednesday that the decline in global oil prices will not significantly impact the current general budget, noting that the government remains in control of the financial situation, particularly with regard to securing employees’ salaries. Okay, keep that in mind.

The government has not yet sent the budget tables of the House of Representatives, and we are waiting for this procedure to know the exact figures. Okay. They go on to say the current decline in oil prices has not reached the stage of having a significant impact unless the price of a barrel falls below $50 a barrel, in which case the budget could be effective.

Not will, but could be. He explains that the situation is currently under control by the government, which is closely monitoring developments in the global market and awaiting external economic changes before taking any steps. So they are talking about external, which is beyond the borders, changes before taking any steps.

So they’re awaiting for changes. Okay. But also remember that the budget details and the article 12 of the 2023-2024 budget, I think it’s item number two, paragraph C, talks about valuation for oil costs, and they haven’t exposed that yet, just like they haven’t turned the oil on to Turkey, and just like they haven’t, well, again, back to the article 12, they haven’t exposed it yet to the public.

And you’re going to find that, you’re going to hear the public on the street is aware of this, and it’s probably going to support what I’ve been telling you, is that it should, and looks like they haven’t done it yet because they don’t have an internationally acceptable, real effective exchange rate. But they’re talking about the situation currently under control by the government, which it’s under control by the government in the sense that they know what’s going on, but which is closely being monitoring developments in the global market and waiting external economic changes before taking any steps. So obviously economic changes to the country of Iraq, you change the value of your currency to reflect the ability to do all these different things, pay the salaries retroactively since 2023, turn the oil pipeline on, valuations for costs, et cetera, interlinking to the stock exchanges, all of that has been hinged on something, and I believe that is article 12.

Okay. Anyway, that part is basically a focus of what they’re doing is that they’re monitoring the developments of the global market and awaiting external economic changes before taking any steps. So it almost seems like it’s at Iraq’s specific control because if it’s an external thing, they’re waiting for markets to align, if you will.

Think about it. If Iraq is going to make an adjustment to our exchange rate, it’s going to have an impact on her neighbors, and they’re going to need to know what’s going on. I think if you go back to the Turkmenistan model and read it, I think that’s a very lengthy article that still has implications to this day, because they use models like that, not exactly the same, but they use those models as a guideline.

And I think that we’re witnessing some of those guidelines today. So Central Bank Prudential Policy article says the Prudential policies to face the risks of global economic crisis. Okay.

It basically is talking about the global economic system has been experienced complex economic financial situations. You have different, the pandemic, you have Russia, Ukraine, all these different things, Gaza, Lebanon, Yemen, Syria, most recently the decision to raise tariffs on China. Okay.

So they’re throwing all these things out there. And so if you want to try to itemize each and every single one of those and say that they’re going to have the impact and we have to wait till everything’s been resolved. I mean, for crying out loud in the United States, the COVID pandemic is not over.

I mean, we still have people walking around with masks on. So anyway, we’ll just leave that alone. But look, the bottom line is, is that this is a timeframe where that Iraq is doing things.

They’re stabilizing their foreign reserves. They’ve increased their gold up to 162 to 163 tons of gold. We have reassurances from the likes of Soleil, al-Nusra, the prime minister, al-Sudani, et cetera, in that they have a strong, stable economy.

They have a strong, stable country with security and stability. Hence, all the investors are coming in and flocking in. Basically, they’re talking about buying gold.

Gold’s a hedge, okay, for the central bank. And they’re talking, and interestingly enough, they’re even advocating that gold, even at close to $3,500 in the last few days, or even touched it, is going to even go higher. They’re suggesting that it’s going to go to 4,000 in this year.

They also basically talk about diversifying their reserves to include baskets of currencies. They’re talking about more gold, bonds, securities, and they want to take full advantage of the rising of the gold price to increase reserves to the highest possible level. So, what they want to do, they want to support the value of their future currency.

And they have stability. They’ve been telling you specifically, they have all the tools in place to be able to stabilize their currency. Inflation.

You have Jamal Cougar coming out today and saying it’s a crisis because of inflation. Ultimately, that’s utter nonsense, and I think that some media outlets and people have a political agenda or agenda, period, amen. But the IMF has a report out today that specifically says that what I said earlier today is that they’re at 2.7%, 2.9% inflation, which is like to dream for, right? But the IMF’s even saying it’s going to be lower.

So, Iraq has definitely done their job. Okay. Basically, it says the World Gold Council announced that Iraq would rank 28th globally and fourth in the Arab world in gold purchases and reserves in 2025.

It says this confirms the central bank is proceeding steadily to achieve the objectives of monetary policy and reducing inflation, controlling the general price level, controlling the money supply, maintaining the dinar exchange rate within the target rate for the public, and continuously monitoring and analyzing the interest rates set by the central bank. Thus, the central bank’s policies have yielded results in confronting expected economic risks in the medium and the long term. So, they have everything in place for not only now, but in the medium and long term going.

So, look, al-Nusra is a very, very reputable man, and he’s today giving more reassurances in the reasons why Iraq is stable with her low inflation, with her foreign currencies, her gold reserves, et cetera. It looks to me like Iraq is clearly doing the things right that she has been and has had the ability to do now and into the future. Whether she’s at 13.10 today or a new, fresh, real effective exchange rate, she has the tools used now that will still do the same in the future, as they stated in the medium and the long term.

So, and last I want to get to is that what are the real reasons behind the delay in sending the budget tables? And we’re going to find out that some of the things that we’ve been talking about in Patreon and in Discord that you guys should all be aware of. Everybody seems to be happy and flourishing in there. There’s a few that may not feel that way, but that’s okay.

The government is still concealing the reasons behind this delay. It’s deliberate, or no, is it deliberate or are these obstacles the government does not want to reveal? So, these questions are still being asked by the Iraqi street for the moment. They have not received a sufficient answer from the government or even the Parliamentary Finance Committee.

If they’ve been declared by the government or parliament, these statements do not go beyond repeated words that will be sent to the parliament soon. They haven’t exposed it, just like I’ve been saying. So, this quote says here, it says, one of the reasons that is exposed and known to everyone, meaning the street, is the amendment of the paragraph 12 of the three-year budget law related to the region’s oil, like I just mentioned.

And this is now in print, okay? We’ve been talking about this for quite a long time. And now they’re openly talking about the streets aware of it. I’m not sure if they watch my show, but I know we’ve been talking about this.

All right. But anyway, it says the three-year budget law related to the region’s oil, and this matter was resolved at the beginning of this year through a parliamentary vote on the amendment. So, basically, the reason why I bring this up is because that one of the reasons that is exposed and known to everyone is the amendment of that article 12.

And so, as we say in America, the cat is finally out of the bag. And now they’re saying it openly. And what else can you say? That everybody’s aware of it.

And so, what is that article 12? And again, you come back full circle, why haven’t they published it in the Gazette for the public viewing? And why haven’t they turned on the oil of the Scion pipeline? And why haven’t they paid retroactive salaries outside of the operational investment side of the budget that’s legal, which they do? I’m going to leave you this one last thing is that I can’t emphasize that article 12, 23, 2024 budget being withheld publicly. To me, it really reeks of that it’s got an exchange rate orientation because of the sensitivity of it. They just can’t leak it out.

We talked about the external conditions. They talk about an essence of oil. And again, article 12 is about oil, and they’re waiting for market reactions.

And so, therefore, it really appears that this is a timing mechanism that is geared towards waiting for the right time to do it. It isn’t about we’re waiting for all these other peripherals, the Ukraine, the Gaza, the Lebanon, the Yemen, the tariffs, anything. They’re waiting for the markets to adjust accordingly so that when a significant impactful change happens, they interlink at the same time.

Google what pairing is for currencies. And then if you do a deep dive, see what they need to do for that. Especially in the digital age, which you’re probably not going to find in depth, but find out what pairing currency is about and how that works.

You might find that it’ll spark some interest. But anyway, what I can see is powerful information still coming out, all of the reassurances from Nasseri, Saleh, the Prime Minister. It just shows.

And then you see the sidebar news that comes from the likes of some of the politicians suggesting high inflation. So there’s agendas out there. So take in the good.

We do the best that we can at Patreon.com and in our Discord chat room. Super Samson is just always loading us. I think everybody knows that.

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Much, much appreciated. Thank you so much and have a great day.