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Prolotario
@Prolotario1
Iraq Dinar Sitrep: Preparation For The Market Economy (I Think You Will Like This Update)
Are You Ready To Dive In?
The Central Bank of Iraq’s moves full reintegration of dollar banks under tighter oversight, mandatory ASYCUDA electronic customs declarations kicking in hard around July 10 are choking those old loopholes.
No more paper invoices sliding through borders unchecked. Revenue’s already spiking in some reports, smuggling routes drying up, and that forces real domestic velocity.
Non-oil pushes from Saleh aren’t slogans; they’re the pivot away from the oil rentier trap that kept Baghdad hooked on external flows and vulnerable to m**********n.
Targeting that GDP non-oil lift toward 55% means agriculture ramps, industrial reactivation, private SME financing that actually sticks all building a base where a credible exchange rate can hold without constant central bank props. And this is where all of your patience is paying off people.
Think about this for a second if you wil. Imagine your local currency market where dollars traded at a fat premium because everyone distrusted the system. Now the official channels tighten, customs go digital, and people start parking more in dinar because the local economy shows signs of breathing on its own. That’s the precursor.
A market-oriented Iraq doesn’t need the old suppressed auction theater; it needs a rate that reflects actual trade muscle for direct dealings with partners like the US.
This parallel squeeze pairs with budget restructuring that’s ditching the old 1/12 monthly placeholders for real 2027 planning. Zaidi’s team is using the breathing room to align fiscal policy for non-oil revenue targets that make Iraq less of a petro-pawn.
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Think grain purchases above global prices, factory fuel/tech imports, land allocations the kind of private sector incentives that absorb labor and build internal resilience.
The old c***l-adjacent networks loved the dollar auction casino because it funneled liquidity their way. Choking it starves those veins while prepping Iraq for Forex-level credibility. This couldn’t have happened at a better time folks.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/iraq-dinar-for-i-163287312
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