Iraqi Dinar Update: $900 Million World Bank Move: Iraq Economy Game Changer?

Added: 2026-06-07

[00:00:00]Okay guys, I'm a little excited, but let me maintain.

[00:00:05]Breaking news and excellent news.

[00:00:08]The World Bank approves 900 million, M-I-L-L-I-O-N, for Iraq.

[00:00:30]Now, this is the financing and it's approved for money.

[00:00:36]The money is designed to improve road systems, transportation corridors, support job creation, and help Iraq become more connected internally and regionally.

[00:00:53]Now, the article doesn't say anything about the Development Road Project, yet all of this, this $900 million, will in... the Development Road project to come off without a hitch. This is excellent news.

[00:01:15]The project is called ITREC and it stands for Iraq Transport Economic Corridors Project.

[00:01:30]Now, this is important because it tells us that the world corridors, this is not just for local roads.

[00:01:38]It's about building major economic routes that can move people, goods, and trade across Iraq and beyond its borders.

[00:01:51]Now, roads are the backbone of Iraq's economy.

[00:01:56]Now, the World Bank says road transportation accounts for more than 90% of transportation activity in Iraq.

[00:02:08]This means if Iraq's roads are weak, the economy is limited.

[00:02:14]If Iraq's roads improve, business, farmers, manufacturers, tourists, and workers can move more easily.

[00:02:32]Now the project focuses on two strategic corridors.

[00:02:36]The first one is the north-south corridor connecting Baghdad to the Turkish border through Expressway 2, also known as E2. The second is the east-west corridor connecting Baghdad to the Syria and Jordan through Expressway 1, also known as E1.

[00:03:07]Now, this is a big deal because routes connecting Iraq to important neighboring countries.

[00:03:18]Turkey connects Iraq towards Europe.

[00:03:21]Syria and Jordan connect Iraq towards the Mediterranean and regional trade routes.

[00:03:30]Better roads access can help Iraq become more serious, a more serious transportation bridge in the Middle East.

[00:03:40]In other words, there's your interstate.

[00:03:43]International Transit Hub. Now, this project will benefit 7.9 million people. This is the World Bank's estimates. This news came directly from the World Bank. This means the project is also about to jobs, markets, healthcare, education, and services. Now, job creation is a major part of this project. Now, the channel has talked to you before about how the Development Road project would change the GDP of Iraq. This is further support 900 million dollars. Further support to enable Iraq to increase its GDP. Now, currency rate doesn't automatically go up just because the GDP goes up, but let me put it you this way, the currency exchange rate can't go up if the GDP doesn't increase.

[00:04:57]By improving key roads, Iraq can reduce travel time and transportation costs, which can help businesses become more competitive. Now on this channel you can You've heard me say before, entities in high places could change everything in a very, very short period of time.

[00:05:23]This is an example of what I am trying to say or was trying to say to you.

[00:05:28]All of a sudden, and no, it's not all of a sudden, but all of a sudden, we know that that the World Bank is providing $900 million to Iraq at a time when the world is in a little bit of trouble with the oil because they can't get it through the Strait of Hormuz.

[00:05:57]is providing the necessary finances to help Iraq provide alternatives to a massive global problem. This is what I'm talking to you about when I say the power that be. Now when the World Bank moves with a nine hundred billion dollar check I'm sorry there I go again it's not billion it's million M-I-L-L-I-O-N moves with the nine hundred million dollar check things happen guys, things happen. That's what I'm trying to show you about the global economy, the global platforms. If they come around the table, I don't know how they do it or when they do it or who's involved. I just know that when they get around the table and they decide something should happen because it is in the best interest of the global economy.

[00:07:11]Shit happens guys. Shit happens. Now, there is a lot more to this video than what I can express to you right now. I'm going to put the information in numbered format on the channel's blog and this blog post article will explain in detail each segment or category that this $900 million will affect within Iraq. When you read the blog post, you will understand by the time you get to the end of the article, why this 900 million is so crucial, not only to Iraq, but for the world.