Militia Man  – Iraqi Dinar News-Iraq Central Bank-Value National Currency (Uncut) 04-29-2025

Militia Man  – Iraqi Dinar News-Iraq Central Bank-Value National Currency-World Bank-IFC-Private Sector Pillar

Hey everyone before I get started I just want to remind you that if you like my content hit that like button subscribe to my channel and then join the militia Man and crew patreon community by clicking the link in the caption Hey, good evening. Everybody militia man and crew here. We’re on the 28th of April.

Can you believe this year’s on this? It’s already Past it. Well almost past the first quarter and that’s crazy. But anyway Today we see that the Iraq Central Bank has come out with a bunch of reports and When the central bank talks we should listen Okay, some some information we get from outside sources may not be what we really want to hear or what? is completely accurate, okay, but deciphering news translation is a problem at sometimes and Having the ability to Realize that is not an easy thing and it’s not always the case When we think the translation is wrong, it might very well be the same context or vice versa but there’s having a connection or a resource to be able to that reads Arabic and writes it and Has Unbelievable skills when it comes to Technology artificial intelligence, etc a proven entity When I listen to those folks, it’s important because remember militia men and crew is a global Entity because we’re all over the world.

But the cool part is is that because of what we bring it and then see is where the value is is because we do try and vet all of our Information and that’s one of the reasons why we have rules is that we can’t take all kinds of information and speculation and bring it in on a Whim and so we don’t and that’s one one of the things that we really try to do is to keep the quality Keep the integrity. So militia men and crew at patreon.com is where you can get that and you can Find about two years worth of work from MMC my analysis Super Samson’s work and Other patrons, we all communicate and that’s why I’m good communication Taking in the good and throwing out the bad and what really truly makes sense for this investment what I like to reach out to is the younger generation that has technically and in a bigger scale Less information than those of us, you know in certain genres of age limits Like say from 50 to 75 for instance The numbers in my room and don’t show that that there’s a lot of younger generation We’ve had a few and that come and go but the truth is is that this is a long-term investment and it doesn’t resonate So much with that younger generation, but thinking about it with the new technologies that are out there that are coming into into the fray you really should share that with your Younger generation if you have if you have the belief that I do and it’s kind of opened my eyes to see that recently Where a young man asked me a question and I gave him a true answer. What do you do for a living? I said I have militia men and crew and he quickly got on his phone and he googled it and he goes wow They looked at my look the numbers, you know, that’s pretty impressive He goes well, what’s it all about? And so in a in brief I shared it with him Well hours later.

He sends me a text message and it goes Effectively, I get it. I I bought some Iraqi dinar. Thank you very much.

I go. Okay, great Well, I’m not a salesman of the Iraqi dinar because I don’t sell it But I share my information because I believe in it. That’s the reason why most men and crew is still here So anyway, when we come to this art these articles that are coming from the source, which is a central bank They talk about the banking systems talks about credit information system, which is the ICI This system provides a central integrated continuously updated database that’s periodically fed by banking and non banking financial institutions for instance The item number two, for instance, it says bank banking reporting system.

So they have accurate reporting They have financial demographics sent by the banks and the non institutional banks. So they’re collecting data The digital platform for a financial efficiency books and financing plans is another topic It’s basically talking about financial efficiency financing plans for this platform Which is an innovative digital platform that provides vital services to individuals and institutions We’re not just talking about internally. We’re talking about externally as well Now before it was international transaction reporting system.

It’s called the TRS It’s a it’s recording all incoming and outgoing Transfers and credits executed by Iraqi banks according to a fixed statement with forms of containing a purpose of what? transfers credit Classified and indexed all of it at all of those things according to trade services and goods classifications So it’s very technical, right? It goes on to say that dormant accounts and abandoned property systems So they have a system for that. They also talk about digital platform for letters of guarantee letters of guarantee are For international trade, well, maybe internally too, but more so I probably would say leaning to the outside of that So it says what’s this for this digital platform? this is in order to maintain the integrity of the Iraqi banking sector and regulate contractual Relations between the parties to letters of guarantee, which is the beneficiary the grant or bank ordering bank for instance in a manner that ensures banks compliance with laws and regulations and Essential digital platform for letters of guarantee was established five years ago Okay, so they’ve been working on this for some time All right the platform works on a mechanism for issuing letters of guarantee by registering them on a digital platform and then it also says that the beneficiary can obtain the validity of the issuance by inquiring the letter of guarantee through the digital platform so They have checks and balances They talk about the transaction In financial institutions transaction reporting platform, it’s called the FITR It goes on and says the platform provides an accurate mechanism for documenting various financial transactions Most notably the sale of cash dollars to Iraqi citizens Traveling abroad so they have a key point record and they’ll monitor that and that’s what they’ve been doing What does it say it says this contributes to the control and management of all financial transactions conducted through the financial institutions ensuring their accuracy and reliability So they remember they’ve always been talking about transparency accuracy Basically, it’s just it’s an accurate system is what they’re getting at It says the this platform also contributes to raising the level of compliance with international standards ensuring that financial transactions comply with globally approved regulatory and oversight requirements and Enhancing the confidence of local and international stakeholders Well, some of the largest international stakeholders are in the news this last week The IMF the World Bank the United States Treasury US Federal Reserve all of them are related to Iraq So when they’re talking about the largest stakeholders in the world, they mean it that’s a fact they mean it Okay Basically, what happens here is that the truth comes out. This is the central bank is telling it like it is That’s my view on it.

Okay, so really one needs to be careful of the source that you get your information and you need to vet It that’s why we at patreon ask Politely that if you guys have articles that you want us to share because you find them Interesting and want us to review them so that we can share them with everybody else fine Great just go through the proper channels and we appreciate everybody that’s been doing that. It really works out much better Okay basically, all I’m going to say is that In this particular case there was an article that came out that was talking about a Very kind of a touchy subject. It’s quoted as the governor of the Central Bank of Iraq It says the project to remove the zeros from the dinar as goal is ongoing But it requires withdrawing and replacing 100 trillion dinars from the market and I rule out its implementation this year Well, there’s some evidence that suggests that this article and one subsequently.

There’s more than one. But anyway, it’s Over a year old. So if that was a year ago, what’s changed a lot has changed but ultimately the Translation that I had from a source of mine, which I’ve openly put public Goes by the name of Shaw and I’ve already talked about that But it says he goes let me give you the real translation of what I just read It says Iraq is advancing structural currency reforms as part of a broader economic stabilization strategy that sounds exactly like what we’ve been studying and it says the zero removal project remains active with the execution tied to regulatory and market readiness and Quote and that was from Shaw so you can see the difference in those two two articles and Or you know what was said and what the real translation is So that’s why when we talk about translations can be really difficult sometimes that we have to be very careful about that Because they can make people’s minds go One way or another and so ultimately that’s where my view is is that I feel comfortable saying that that last translation Is probably more reflective because if you think about the bigger nature, what are some of the things I’ve been talking about is interconnectivity and look when when Petra says All boats rise with the tide Well, what happens when the value of the currency in Iraq changes and they have all these other trading partners completely different That everybody needs to be on the same page at the same time and when an adjustment is made It’s very important that Everybody that’s central banks Monetary reform.

I mean international monetary fund World Bank Bank of International Settlements US Treasury as you all know They’ve been involved US Federal Reserve’s been involved and they still are under that strategic framework agreement And that’s not going to change at this moment much more than it already has So here’s another article from the CBI legal framework for electronic payments and so you go says the CBI subjective in enhanced in acting these laws was aligned to an international banking standards and Seek to enhance confidence in the economy by creating a safe environment and a sound and competitive banking system accessible to all The CBI is goal supported by these laws is to maintain domestic price stability enhance competitive Competitiveness and build a stable financial system. So I’m just going to start again today with Introduction and objectives CBI that’s what they’re doing. So here’s there’s another one It says the introduction objectives of information technology and payments department So they’re going to a new technologies as you can see and this is again the CBI Central Bank of Iraq It says its prominent role in computerizing the banks operations and upgrading the Central Bank of Iraq’s electronic payment systems to keep pace with the latest developments in payment systems at Global central banks, so they’re inclusive of global central banks All right so what it goes on it says it also plays an important role in developing the banking sector in the field of information technology security and payments and assisting decision makers investors, of course In achieving in the institution’s objectives and transitioning to electronic governance, which is a state Electronic payments during the state of Iraq which directly impacts its ability to carry out its operations within the new Organizational structure so something’s obviously new There’s a few pages this I highly recommend you guys come in and read read the whole thing and all the bullet points There’s numerous ones that the central bank is giving out.

So it’s an educational process Basically what I get from it. It’s amazing just to see how far the central bank has come at this point Basically, they’re in line with the global markets and they’re going to have what I believe is to be that inner Connectivity a lot of this ties in okay So look the rise in the value of the national currency as local and international causes So that’s fascinating but they’re talking about the national currency has local and international causes It says here that Iraq’s dinars exchange rate against the US dollar has witnessed a significant improvement over the current period Supported by a number of internal and external factors. So they’re again internal and external It says most notably the country’s large financial reserves their foreign reserves Gold reserves, etc Non oil revenues, I guess the prudent monetary policy is pursued by the Central Bank of Iraq signs of a thaw in the US Iranian in relations have combined to boost the value of the national currency Just remember one thing the parallel market being different than the official exchange rate is Basically insignificant, but it is a public media Entity.

Okay. We all know that what you should know is that Iraq’s ability to move away from that Parallel market has been epic of if you will I think it’s a lay that talks about 95% of all transactions are outside of the parallel market So basically he said on numerous occasion occasions and you can find that in patreon if you do the research properly You’ll find that he meant that what he said and that’s probably holding true, but they still do talk about it because It is a cash Society, but ultimately they’re going cash less or less cash in the market So, all right He adds of the country’s massive financial reserves are one of the interesting Massive financial reserves are one of the main reasons behind the improvement in the value of the Iraqi dinar against the dollar We expect the dinars value to continue to improve in the coming period so that’s kind of a heads-up without saying hey We’re revaluing our currency there, but they did say that that we expect the dinars value to keep Continue to improve in the coming period Well, it’s still at 1310. So what do they mean? Right? Okay.

So it says this dr. Allah body He says in the past few days We’ve witnessed a significant improvement in the exchange rate of the dinar against the dollar Which is the result of a combination of internal and external factors on the monetary policy side The central bank has taken strict measures including restricting the flow of dollars through the auctions platforms Remember the auctions they’ve done that And also it’s imposing strict oversight on banks It has also raised the interest rate on dinar deposits, which has stimulated the transfer of some cash Liquidity look they want they want the money to come in from the People that make me have extra money in cash Because they know that the value of their currency is going to change when they’re gonna get purchasing power But they’re still hesitant and they need to be coaxed to bring that money in well But whether that’s a good thing or a bad thing for them is on them It’s it’s there they should know what they own and I I put I focus in on that a lot Is that you really should know what you own and a lot of people out there in the dinar world that is around us They truly don’t follow along close enough to really truly know what they own and so I do the best that I can to bring out what I believe is a Reality and we do that in print Okay, he states that the improving the exchange rate is not an end of itself But rather must be a starting point for deeper epic economic reform International experience Demonstrates that sustainable monetary stability can only be achieved through a productive economy capable of confronting External shocks and what are they talking about there? Well, if you’re just an oil rent to your country and you don’t have any non oil revenues Whenever the oil price goes up or goes down it can be good and bad. It’s that basic He points out this gentleman.

No, this gentleman is dr. Mustafa Akram He says reducing demand for the dollar in local markets and strengthening the value of the national currency he says this coincides with ample supply from the central bank in the form of remittances and other forms of financing with Necessities strengthening this phase. So they’re basically talking about hey strengthening the Iraqi dinar by what outside sources of oil Non-oil resources.

It’s it’s really that simple He pointed out that the importance of the Central Bank of Iraq taking action to reach an agreement with the United States So they’re back to the United States Establish an official platform for transactions by creating an electronic payment card for use in Iran neighbor Russia and other sanctioned countries He said this would reduce the demand Reduce the demand for dollars and he notes noting that this would serve small traders and travelers and address many problems Reducing smuggling illegal trade and increase the value of the local currency So basically they’re just going through steps to strengthen the value of the dinar They’re suggesting that the calming effect that That the mood has changed But we’ve seen because of all the positive tones that we’ve seen in the news from Iran in the United States Okay, and again, I’ll go back to Soleil. He’s the one that talked about The parallel market is insignificant it’s only about 5% of all trade so he’s not wrong okay, and the first and second thing is is that the parallel market is effectively an illegal market in Iraq and so that shouldn’t be so significant and it’s not but it also is a reflection of the fact that it being insignificant and the fact that It’s illegal is not a barometer of what the monetary policy is to put it pretty quite simply Okay So here again, there’s here’s another article about the president of the Union of Arab banks public private partnerships Public and private partnerships that’s going to be the non-oil revenue streams that I just talked about It says the partnership between the public and private sector represents a lever for development He goes on and notes the private sector possesses the wise management of institutions doesn’t say which institutions but we all know that the largest major financial institutions in the world are working with Iraq to get them to be an international entity the president of the Union of Arab banks calls on all Attending figures and Arab banks to actively participate in the upcoming Union of Arab banks and conference in Baghdad Which is about combating money laundering? financing terrorists financing, etc And along those lines it says in cooperation with the United Nations. There’s another major entity It says that the United Nations Development Program the Ministry of Planning discusses updating the private sector non-oil Revenue streams.

It says this workshop. It was an important step in a long path that requires a long path It’s only been 20 years, right? But it goes and it says it’s requires a concerted efforts and an active participation for all parties including the government the private sector civil society and international partners So what they’re trying to do is they’re trying to get everybody on board to support this just like I brought in I think the young the youth of our country and the youth in their country need to know what’s taking place and Because they’ll get benefit from it It’s it’s powerful. So I hope you guys out there, you know share it with the younger generation Because truthfully when this thing happens and and they’re missed out they’re gonna be disappointed that they missed it because this is gonna be an event that’s going to be so powerful that They’re gonna be bummed.

No, no different than a lot of people that missed IBM and and The dot-com bubble and all those types of things, right? I mean look at it this way Gold was a $275 announcement. I was exposed to it I knew that from education and from learning from others and reading that once gold hit $400 It was a breakout. Okay, go back in history.

Look at a gold chart for 30 years Look at a 40-year chart You can see what I’m talking about in the chart that it was at 275 in 1999 and it was at 275 again real close in 2001 but when it broke out to 400 then that new bull market stopped and has never stopped 400 and it’s around 300 3200 $3300 and you just gotta go Whoa, and look how long it took so knowing what you own Billionaires don’t always buy for the quick buck. They buy for long term Okay, ten years in an investment is nothing to them And shouldn’t be to you and to the younger generation so, okay, so this next article is in cooperation with the United Nations Development Program and Did I just print this twice I think I did oh well embarrassing on me but Back to the entities of The financial institutions, well Iraq Well, we all know that the World Bank and the IFC are two entities in the world, right and Well, IFC is as an arm of the World Bank But I’m gonna just go with the IFC at the moment because they’re talking about discussed significant investment barriers It says at the headquarters of the International Financial Corporation so it’s the International Financial Corporation the Iraqi Minister of Finance who is tape Sammy and The International Financial Corporation’s vice president of the Middle East he’s the vice president of Central Asia Turkey Afghanistan and Pakistan Her name is Hella They discussed what recent strategies to address major challenges okay so it says the two sides met on the silence of the participation in the 2025 spring meetings of the World Bank and the International Monetary Fund taking place from the 21st to the 26th according to the statement released by the Iraqi finance minister Well, we talked about this and what my last video a little bit that I got information from this conference And what did it talk about? It’s it talked about security. It talked about stability It talked about sustainability and countries need to reform all of those things were inclusive But guess what? We didn’t quite learn that specifically for a day later than what I my last video or that night That they were talking directly to Iraq Okay, and they could be talking about other countries don’t get me wrong okay, it says that Sammy which is the finance minister explains that the IFC can finance projects of the Iraqi Development Fund Which aims to build sustainable economic and social development and it says develop Iraq’s non oil economics resources and address economic and social environmental crisis, so here we have clearly Global support to open up to the world the World Bank International Monetary Fund all making sure that that happens It sure looks that way And then last lastly Almost lastly what we have here is Iraq reviews projects financed by the World Bank And it says to Sammy once again, she’s with the World Bank in this meeting Okay, it says that the two sides committed to evaluating how these projects are being carried out Spotting many any problems coming up with solutions to guarantee that they were finished and on schedule So in other words, this is a process.

They want to make sure that they’re finished. They want to make sure that they’re on schedule You see where I’m going with it The meeting addressed the government’s top objectives for upcoming projects that the World Bank may fund including waste management renewable energy and transportation projects, especially those involving the Metro airports and railroads so all of that is 100% talking about Iraq is being coaxed or not coaxed or being they’re being guided That’s what they’re being. Okay, and here the Prime Minister al-sudani The Prime Minister stresses the importance of the project financing initiative and its effective impact on the growth of the industrial sector Well, they’re going to be doing all these projects building industrial cities commercial cities Residential complexes up to upwards of four million houses.

I mean all of that Okay he goes the the importance of the project financing initiative and its effective impact on the growth of the industrial sector in the country pointing Out that the launch of initiatives must be credible by providing the nest the necessary structures for them And he goes on and gives the law which is the Council of Ministers resolution To four nine three zero of 2024 He says that the government’s support for the private industrial sector and giving it priority in attention so priority in attention given priority and to support Priority to facilitating procedures and financing which is the basis of promoting economic development providing job Opportunities for the young people. There we go. The young people the young people need to know about this I’m telling you they really will benefit from it if they do know and that they can learn what they own I think it’s a good idea Sufficiency in number of strategies for a strategic in Industries, so strategic industries.

Well, didn’t they just tell us that they had some strategic minerals in the ground something to the effect of about 16 trillion dollars worth of rare earths You see this it’s it’s it’s fascinating you guys. Okay foreign minister Okay, we all know who foo out and saying is he goes he goes as this article is Iraq’s relationship with the United States is a key pillar to support stability and development It says a deputy prime minister and the Minister of Foreign Affairs followed the same participated in a roundtable organized by the Washington Institute for Near East policy With the participation of group researchers and experts specialized in the Middle East affairs It says he’s stressing that that there’s the importance of continuing strategic cooperation between Iraq and the United States of America in various fields, especially in the field of combating terrorism and Promoting regional security and stability. All of those things are in the news and they have been hammering at home lately It’s then Hussein He says Iraq by virtue of its geographical location and balanced relations with all parties adopts a policy of dialogue and openness to alleviate regional tensions and works to strengthen the cooperation frameworks with neighboring countries and the region to achieve collective security and sustainable Sustainable stability you see where all these buzzwords are coming in.

It’s That’s what the study is about learning to understand What are they telling us and when they start hammering and things home like they are consistently you need to take it seriously It says within the framework of bilateral relations between the United States and Iraq He’s pointing out to Hussein’s pointing out preparing for a new round of strategic dialogue between the two countries during the current year Two countries what they’re talking about. There is not Iraq. I don’t believe I think it’s The neighbor but I could have that at the moment wrong, but I’ll correct myself if I am All right, they’re talking about developing joint cooperation and economic investment educational health fields Expanding the horizons of scientific and cultural exchange promote the interests of the two friendly peoples Okay, so I think he’s just talking about the United States at the moment But he Hussein touches on the importance of following up here.

We are Yeah ongoing negotiations between the United States and Iran stressing that Iraq supports any diplomatic efforts aimed at reducing tension and Enhancing regional security based on its firm conviction that the dialogue is the best way to restore differences and ensure interest of all peoples of the region And look at the end of the day what we have seen so far in the news is considered to be Nothing is It’s all positive There’s nothing that’s considered to be worrisome as far as I can see The tone from Washington has been positive They’ve been talking about support with these major international financial institutions for what for Iraq’s monetary reforms By the largest financial institutions in the world We went over them the United States Treasury the Federal Reserve the International Monetary Fund the World Bank the IFC All of that the focus has been about security stability Sustainability partnerships with the public and private sectors investment opportunities There’s no way that that recent 62 billion already in Iraq for projects for those partnerships private and public For that amount of money to be put at risk You’re not going to get 62 billion dollars from any any old given day when you’ve got terrorists running around So security stability Sustainability development all of those things created an environment where people put up 62 billion dollars to help build this country So it wasn’t at 1310. They were doing it with investment money. Thank you so much. You have a great day