The Dance of Currencies: USD-IQD Exchange Rate Stability Amid Iraqi Uncertainties, 30 OCT

The Dance of Currencies: USD-IQD Exchange Rate Stability Amid Iraqi Uncertainties

The fluctuating pulse of the forex markets in Baghdad and Erbil has recently mirrored the ebb and flow of life in a country navigating its way through political instability, economic uncertainty, and the vagaries of global market trends. The U.S. dollar (USD) and the Iraqi dinar (IQD) have danced a complex duet, their inconstant rhythm a reflection of Iraq’s multifaceted socio-economic dynamics.

A Fragile Equilibrium

In the bustling markets of Baghdad, the USD was recently traded at a rate of 161,200 IQD, dropping 100 IQD from the previous day. This subtle shift, while small, hints at the delicate balance of Iraq’s financial health. Parallel markets in the city painted a similar picture, with the USD selling at 162,250 IQD and a buying rate of 160,250 IQD.

Erbil, the capital city of the Kurdistan region, echoed this pattern. Here, the USD selling and buying rates hovered at 160,300 and 160,200 IQD respectively, a testament to the resilience of the Kurdistan Region amidst the country’s challenging political and economic landscape.

Interplay of Factors

The stability of the USD exchange rate in Baghdad and Erbil encapsulates the nuanced interplay of various factors. The closure of the stock exchanges in both cities, Al-Kifah and Al-Harithiya, is likely to have contributed to the constancy of the exchange rate, preventing any significant fluctuations.

Moreover, the steady selling and buying rates of the USD in Baghdad’s local markets suggest a balance between the supply and demand of USD. This equilibrium reflects a market that is not in a rush to buy or sell USD, a key element in maintaining stability in the exchange rate.

Signs of Confidence

The stable USD exchange rate in Baghdad and Erbil is a positive sign for the Iraqi economy. It indicates a relative market stability and a burgeoning confidence in the value of the Iraqi dinar. This assurance is vital for attracting foreign investment and fostering economic growth in the country.

But as with any dance, the dance of the forex market requires constant vigilance. Political instability, economic uncertainties, and global market trends will continue to influence the exchange rate of the USD against the IQD. Thus, it is crucial to closely monitor these fluctuations and strategize to mitigate any potential risks, thereby ensuring the Iraqi economy continues its dance of resilience and growth.

https://bnn.network/finance-nav/the-dance-of-currencies-usd-iqd-exchange-rate-stability-amid-iraqi-uncertainties/

"OIL AND GAS LAW HAS NOT REACHED PARLIAMENT YET" BY MNT GOAT, 29 OCT

 “The Great (proverbial) Knot has not yet been resolved.” Committee: Oil and gas law has not reached parliament yet

(Oh…but the Bruce’s Big Stupid Call told his listeners the other night that Iraqi citizens in the US are going to get very large sums of HCL money uner the sharing of oil revenues HCL. Really? How this going to happen as they have not even passed the Oil and Gas law better known as the HCL. Here is yet more proof he is lying and is sources are playing head games with him too. They are all idiots! ☹)

{Economic: Euphrates News} A member of the Parliamentary Oil, Gas and Natural Resources Committee, Adnan Al-Jabri, confirmed on Thursday that the oil and gas law is still included in the Council of Ministers and has not yet reached the House of Representatives to vote on it.

Since the first session of the House of Representatives, in 2005, the draft oil and gas law has been locked in drawers, with disagreements preventing its final passage.

Al-Jabri told Al-Furat News: “The oil and gas law is still included in the Council of Ministers and has not yet reached Parliament, but there are follow-ups from specialized committees formed by the Council of Ministers.”

He added: “When the law reaches parliament, it will be read a first reading, and then it will be discussed and studied by the committee to be presented for second reading.”

He pointed out that “it is not possible to talk about the transfer of the project because so far it has not reached the House of Representatives and the committees of the Council of Ministers discuss it in the presence of the provinces heading to typeset the draft law and vote on it in the Council of Ministers and then send it to Parliament.”

Iraq exports an average of 3.3 million barrels of crude oil per day, and black gold accounts for more than 90 percent of the state treasury.

(Don’t you think they need a law to govern this wealth?)

Iraq’s draft oil and gas law, which is available to parliament, stipulates that responsibility for managing the country’s oil fields should be vested in a national oil company and supervised by a specialized federal council.

Prime Minister Mohammed Shia al-Sudani said in early August that “the draft oil and gas law is one of the basic and important laws, representing a factor of strength and unity for Iraq, and it has been stuck for years, at a time when the country today is in dire need of its legislation and benefit from this natural wealth, in all fields and sectors, as well as the contribution of the legislation of the law in solving many outstanding problems.”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Iraqi Dinar Countdown to an Exchange Rate Change in Iraq | Article VIII ...

"RV UPDATE" BY WALKINGSTICK, CLARE, SAMSON & BRUCE, 29 OCT

 Walkingstick

  In the coming days a new currency will be given to the Iraqi citizens IOO...They are forewarning the Iraqi citizens of what is about to be given to them.

Clare 

  Article "In response to Al-Sadr's call, a parliamentarian announces the start of collecting signatures to close the American embassy in Baghdad"

 Samson

  Article: "Al-Shamri: Al-Sudani will announce next week a banking service that leads to the decline of the dollar"

Bruce 

  New Iraqi Dinar Rate expected to be published in Gazette Fri. or Sat. 27, 28 Oct...International Iraqi Dinar Rate expected to be very high, as is Dong...

Budget Dispute and Rising Tensions: A Tale of Two Governments in One Country, 29 OCT

Budget Dispute and Rising Tensions: A Tale of Two Governments in One Country

The political labyrinth of Iraq is once again poised for a critical meeting. This time, the heart of the matter is an escalating budgetary dispute between the federal government in Baghdad and the Kurdistan Regional Government (KRG). As the KRG prepares to dispatch a delegation led by its Minister of Finance and Economy, Awat Sheikh Janab, to negotiate in Baghdad, the issue of delayed budget transfers looms large.

From Erbil to Baghdad: A Dispute over Dinars

At the core of the dispute are the Kurdistan Region’s financial entitlements. The KRG has accused Baghdad of delaying the transfer of agreed-upon funds and not implementing the budget properly. This issue is not new; it is a recurring bone of contention between the semi-autonomous Kurdistan region and the federal government, a testament to the complex fiscal relationship between Erbil and Baghdad.

The Iraqi Council of Ministers is expected to make a decisive call regarding the Kurdistan Region’s salaries for the remaining months of the year. The federal government has vowed to send 700 billion dinars to the KRG to finance the salaries of employees and workers in the public sector for the last quarter of 2023, but the KRG remains skeptical.

Iran: A Web of Influence and Power

While the budgetary dispute unfolds, a different power play is taking place in the region. Ismail Qaani, the leader of Iran’s Quds Force, has a long history of involvement in Afghanistan since the late 1980s. His recent trips to Afghanistan, including a mysterious visit in 2018, suggest Iran’s sustained interest and influence in the country.

Back in Iran, President Ebrahim Raisi has warned that Israel’s ongoing bombardment of Gaza may force everyone to act, underscoring Iran’s staunch support for Hamas. Simultaneously, the Iranian government faces domestic human rights criticisms as it prevents public memorials for protesters killed during unrest.

Unveiling Iran’s Cultural and Social Strains

Meanwhile, Iran continues to grapple with internal strife. The death of 17-year-old Armita Garavand, allegedly at the hands of Iran’s morality police, has sparked outrage. Her burial was shrouded in tight security, and several arrests were made, including that of renowned human rights lawyer Nasrin Sotoudeh.

This incident, echoing the death of Mahsa Amini, another young woman who died in police custody for allegedly violating the hijab rule, has catalyzed widespread protests and condemnation of Iran’s treatment of women. Adding fuel to the fire, the government’s decision to ban actresses who have publicly opposed the mandatory hijab law has been met with backlash from high-profile artists, stirring a debate about artistic freedom and government overreach.

As the United States aims to dismantle Hamas’s funding networks by sanctioning members of Iran’s Islamic Revolutionary Guards Corps, Iran’s ground forces are testing the flight readiness of more than 200 helicopters. These drills, aimed at confronting potential threats, highlight the rising tensions in the region. If the retaliations against Hamas in Gaza continue, warns Iranian Foreign Minister Hossein Amir Abdollahian, the United States will not be spared from the conflict.

https://bnn.network/world/iraq/budget-dispute-and-rising-tensions-a-tale-of-two-regions/

The Prime Minister's Advisor Explains The Importance Of Legislating The Economic Reform Law, 29 OCT

The Prime Minister's Advisor Explains The Importance Of Legislating The Economic Reform Law

Money  and business  Economy News _ Baghdad  Today, Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, outlined the paths of partnership between the state and the private sector, while explaining the importance of legislating the economic reform law.

Saleh said, in an interview with the Iraqi News Agency, followed by “Al-Iqtisad News,” that “the government’s current and future economic vision has been touched upon by the government program through many axes focused on describing the future of the economic system in the country,”

indicating that “the description took its way in building a real partnership between the state and And the private sector, with the aim of creating a gradual separation from the dominance of oil rents in keeping the country captive to economic unilateralism and relying on oil wealth revenues alone as the sole basis for financing productive activities in the economy.”

He explained, "Partnership opportunities with the private sector have taken different paths today, including financing partnerships, which include issuing carbon bonds or reconstruction bonds toward market resources," noting that "the private sector will contribute to financing economic development, in addition to the role of the Iraq Development Fund, which There will be an increase in direct financing from the government to meet the need of civil society activity to finance its investments at various levels, according to a strategy targeting small and medium-sized activities and others.”

He pointed out that “among the paths is the government’s role as an actual guarantor in supplying Western technology to private activity, especially in the industrial sector, agricultural industries, and other digital activities,” stressing that it is “a guarantor partnership for the supply of advanced technology to the country with financial government guarantees within the vision of partnership between the state and the private sector.”

To achieve a unified development goal in which human, financial and organizational resources are mobilized between the state and the private sector and with advanced external technological support.”

He continued, "The legislation of the economic reform law, the implementation of which will represent a new pattern of partnership in investing in strategic economic activities, especially between the arms of the productive private sector and the government, to extend investment activities to wide areas such as unexploited natural resources and forms of jointly operated infrastructure."

Views 40 10/29/2023 - https://economy-news.net/content.php?id=37144

Sudan’s taking we are strong we need to work with our real values

" THE GOVERNMENT IS WITHDRAWING ITS HAND FROM THE DOLLAR BATTLE." BY MNT GOAT, 29 OCT

 THE GOVERNMENT IS WITHDRAWING ITS HAND FROM THE DOLLAR BATTLE.. THE SOLUTIONS ARE OVER AND THE MARKET IS “FREE” AT THE EXCHANGE RATE

Over the past weeks, silence has clearly overwhelmed the relevant authorities and authorities in Iraq at the governmental and banking levels in the face of the continued rise in exchange rates. In contrast to the past months, when the government and the central bank issued a package of quick decisions and measures immediately after the rise in exchange rates, except this time, with a break in… The exchange rate reached record numbers exceeding 160 thousand dinars per 100 dollars. It seems that the relevant authorities have “surrendered” in the battle for the dollar.

This matter can be reached not only from the absence of government and central bank measures that have come to prevent the smuggling of the dollar without taking measures to prevent its rise in the market, as the Central Bank previously issued various packages for this, but even in the statements of the Central Bank Governor, Ali Al-Alaq, and Prime Minister Muhammad Shiaa Al-Sudani, It clearly shows a “tone of surrender” and leaving the exchange rate without intervention, relying only on traders who buy dollars from the central bank and betting that commodity prices will not rise depending on these traders.

For example, the Governor of the Central Bank, Ali Al-Alaq, said last week during a session of the Ministerial Council for the Economy, that “the exchange rate depends mainly on imports and not on local production, and that the exchange rate in Iraq has peculiarities because it is linked to the price of oil as it is the largest source of providing hard currency,” noting. He pointed out that “many factors affect the exchange rate, the most important of which is the leakage of the dollar to neighboring countries and internal dealing in local markets in a currency other than the national currency, as well as the lack of complete control over ports and smuggling.”

Which means that the exchange rate will continue to rise as long as there is import, uncontrolled outlets, and oil pricing in dollars, as all of these conditions are sustainable and cannot be changed.

For his part, Al-Sudani said in a press conference yesterday, Tuesday: “We support some banks that we trust are good and have achieved success, in order to be part of the solution to the dollar crisis,” adding, “One of the problems we face is that Iraqi law does not contain strong penalties.” And strict measures against those who are arrested as speculators in the dollar exchange rate.” 

It is another indication that it is not possible to do anything, whether for speculators or for the rising dollar prices, in clear statements that are consistent with the Iraqi authorities’ tendency to leave the market dollar price file without interference, that is, more like a flotation. 

This is confirmed by economic affairs researcher Haider Al-Sheikh, today, Wednesday (October 25, 2023), stressing the difficulty of ending the crisis of the rise of the dollar in Iraq.

The sheikh told “Baghdad Today”, “The crisis of the rise in the dollar exchange rate does not end, and the central bank has become unable to control the market, and some banks, exchange companies, and merchants have manipulated the price of the dollar. ” He added, “This is because the Central Bank imposed any sanctions on banks, exchange companies, and merchants on the price of the dollar, which manipulate the exchange rate. Therefore, the dollar exchange rate will stabilize at 165 during the next two days, and will continue to rise further during the coming days. “

He pointed out that “there are problems in banking reform and major challenges facing the government, and the current dollar exchange rate in the markets is the price of currency speculators .”He added, “There are entities, private banks, merchants, and owners of banking companies who are seeking to keep the dollar exchange rate at the current price .”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Iraq’s Power Play: Controlling Kurdistan’s Finances, 29 OCT

Iraq’s Power Play: Controlling Kurdistan’s Finances

In the heart of Iraq, where history whispers of empires and civilizations, the modern day battle unfolds not with guns and swords, but with banks and employees’ salaries. This is a tale of power, economic control, and a struggle for autonomy, set against the backdrop of the ongoing conflict between the central government in Baghdad and the Kurdistan Regional Government (KRG).

Salaries as a Leverage

The finance committee of the Iraqi parliament has proposed a significant shift in the economic dynamics of the region. Over 600,000 employee salaries of the KRG are to be funneled through reliable banks in Iraq. This move isn’t merely a bureaucratic shuffle of funds, but rather an attempt to exert greater control over the finances of the KRG and to attenuate its autonomy.

The proposal comes amidst heightened tensions between the central government and the KRG, with the latter exporting oil independently of the central government. This act of economic defiance has strained the Iraqi economy, prompting Baghdad to cut the KRG’s share of the federal budget, leading to a financial crisis in the region.

Resistance and Repercussions

But this new proposal isn’t being received quietly. The KRG has resisted, viewing this move as a violation of its autonomy. They accuse Baghdad of attempting to control its finances and undermine its authority. Concerns have also been raised about the reliability of the banks and the potential for corruption and mismanagement.

The recent conflicts in the region that led to injuries and detentions have further strained the relationship between the two governments. These incidents underscore the volatile nature of the situation and hint at the potential for further escalation.

The Path Forward

To resolve these disputes, both sides need to sit across the table and engage in dialogue, to find a mutually acceptable solution. The distribution of salaries through reliable banks in Iraq could be a step towards achieving this goal. It could ensure that the salaries of KRG employees are paid on time and reduce the KRG’s reliance on oil revenues.

Yet, it is equally important for the central government to address the concerns of the KRG and ensure that the banks are reliable and free from corruption. Building trust between the two parties is key to creating a stable and prosperous future for Iraq.

In the grand scheme of things, the proposal to distribute the KRG employees’ salaries through reliable banks is just one piece of the puzzle. It’s a significant development, but only one of many steps needed to resolve the ongoing conflicts. As with any story that unfolds in the cradle of civilization, the outcome will have profound implications, not just for Iraq but for the whole region and beyond.

https://bnn.network/politics/iraqs-power-play-controlling-kurdistans-finances/

"RV UPDATE" BY SANDY INGRAM & RAYREN98, 29 OCT

 Sandy Ingram

  The other day a [Community Member] said...Coinbase was exchanging the Iraqi dinar on the platform. 

 Sure enough [we] found that Coinbase is allowing clients to trade cryptocurrency for the Iraqi dinar.  Further research shows clients can buy the Iraqi dinar using bitcoin...

RayRen98

   Question:  "...WHAT KIND OF PEEPS ARE EXCITED?"  

 RayRen RESPONSE:   "THREE LETTER PEEPS AND IRAQIS FOR SURE. BANK PEEPS ARE ON NOTICE FOR BEING CALLED IN OVER THE WEEKEND".

 "...FOREX TRADERS ARE BEING TOLD TO LOOK FOR RATE CHANGES ON FRIDAY OR SATURDAY...TIME WILL TELL"

Dinar RV News Today🔥Iraq Investing in Green Economy Worth $100 Billion💣M...

More than 100 billion dinars in fines from the Iraqi Central Bank on banks and exchange companies, 29 OCT

 More than 100 billion dinars in fines from the Iraqi Central Bank on banks and exchange companies

The Central Bank of Iraq announced on Sunday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 104 billion Iraqi dinars during the past nine months.

A table of the bank, seen by Shafaq News Agency, showed that the fines imposed on banks and financial companies during the past nine months, starting from January and until September, amounted to 104 billion, 769 million, 332 thousand and 606 dinars, indicating that “the fines also included 348 administrative penalties.” For these banks and non-banking institutions, there was a range of warnings, warnings, and grace periods.”

The table showed that “the month of April witnessed the highest fines for banks and non-financial institutions, as these fines amounted to 17 billion, 440 million, 383 thousand and 447 dinars, with administrative penalties amounting to 17 penalties, while the month of June witnessed the lowest fines, as they amounted to 8 billion, 353 million, 387 thousand and 476 dinars.” dinars with administrative penalties amounting to 50 penalties.

The table did not show the names of the banks on which fines and administrative penalties were imposed.

The Association of Investors in the Iraqi Stock Exchange had criticized, in early June, the Central Bank of Iraq's increase in fines on banks, noting that it would affect the profitability of investors in the shares of these banks.  link

Iraq is working to join the World Trade Organization (WTO), 29 OCT

  Iraq is working to join the World Trade Organization (WTO)

10/29/2023

 The Director-General of the Department of Foreign Economic Relations in the Ministry of Commerce, Riyad Fakher Al-Hashimi, discussed with the Deputy Director-General of the World Trade Organization (Sianchun Zhang) at the headquarters of the World Trade Organization in Geneva, Iraq’s accession to the organization.

The ministry stated in a statement, “In the meeting, Al-Hashemi reviewed Iraq’s current efforts and its plan for the next stage in completing the technical files required to be submitted to the organization’s secretariat and preparing them in accordance with the organization’s conditions and fruitful cooperation with international organizations supporting Iraq’s accession to the organization and its quest to obtain full membership in the organization.”

He noted that “The Minister of Commerce stressed his support for Iraq’s accession to the organization, and set timetables for completing all files in accordance with the visions of the current government and in implementation of the provisions of the government curriculum and the high cooperation and cooperation with international organizations.”

 For his part, Zhang expressed the organization’s support for Iraq and his readiness to provide the necessary support for the success of Iraq's mission towards achieving accession, directing the Organization's Accession Department to organize special events for Iraq to help it succeed in its mission and complete all the files required of it to hold the upcoming negotiating rounds. In the same context, Al-Hashemi referred to his meeting with the Director of the
Accession Department at the World Trade Organization in Geneva (Mika Oshikawa).

To review the steps taken by Iraq and the Ministry of Trade to complete the technical files that must be submitted to the organization during the coming period, which will be sent by the organization’s secretariat and the accession department to member states in preparation for holding the next negotiating rounds. LINK

"RV UPDATE" BY FRANK26, 29 OCT

 Frank26 

 The new exchange rate is the hope of the Iraqi citizens that they can't see yet.  It's unseen to them but yet the evidence is there...  

 Question "What is the next thing we are looking for?"  The exchange rate or the exchange rate and the new small category notes together simultaneously.

Why does the world want to pour into Iraq now when it's still a sanctioned programed rate?  The answer is because Sudani is showing them the Monetary reform mechanism and it includes a new exchange rate for a new national currency IMO...

You should know an "800#" doesn't exist.  That's stupid - One phone number for every bank in American? 

 In an ironic twist there is one 800# ...it's the U.S. Treasury.  When the blessing comes, pick up the phone and call the US Treasury...'Which one of your banks in the United States of America is exchanging the Iraqi dinar?' ...You'll have a big list of all the banks in the United States of American that are exchanging the Iraqi dinar...

Iraqi Dinar🔥Time To Celebration for IQD RV Approved New Rates Today 2023...

Population Council meeting produces strategic recommendations, 29 OCT

 Population Council meeting produces strategic recommendations

Shafaq News / Iraqi Prime Minister Mohammed Shia Al-Sudani presided over a high-profile meeting of the Supreme Population Council on Sunday.

A statement by al-Sudani's office said that discussions revolved around the ongoing implementation of the comprehensive national population and housing census. Additionally, the council reviewed recommendations stemming from the coordinative meeting among Arab Council for Population and Development member states. Furthermore, the meeting emphasized the imperative to monitor the execution of the National Population Policy Document (2023). 

Prime Minister Al-Sudani underscored the vital need for the population policy to harmonize with ministries’ strategies, thereby bolstering indicators in education, healthcare, employment, and housing. They highlighted the importance of implementing recommendation to streamline facilities for individuals with special needs across state institutions. 

Further recommendations encompassed supporting the endeavors of the Childhood Care Authority and the Disabled and Special Needs Authority. Moreover, enhancing the capabilities of reproductive healthcare providers within healthcare institutions was deemed essential.

Of particular significance was the council's endorsement for the implementation of the national school health strategy in secondary schools for both male and female students

https://shafaq.com/en/Iraq-News/Population-Council-meeting-produces-strategic-recommendations

"THE IMF WARNED OF THE DANGERS OF THE ECONOMIC SITUATION OF THE COUNTRIES OF THE MIDDLE EAST" BY MNT GOAT, 29 OCT

THE IMF WARNED OF THE DANGERS OF THE ECONOMIC SITUATION OF THE COUNTRIES OF THE MIDDLE EAST

(This came about because of the terrorist attack on Israel. Iraq is sound. This war may only jack up the price of oil more making Iraq even more wealthy….)

{Economic: Al-Furat News} The International Monetary Fund warned of the dangers of the economic situation of the countries of the Middle East.

“The current escalation in Gaza threatens to destroy economic activity in the region,” he said.

World Bank President Ajay Banga warned yesterday that a war between Israel and Hamas could deal a serious blow to global economic development.

(What they mean is their plan for a One World Government and their influence in the region of the middle east is part of this operation.)

Banga told an investor conference in Saudi Arabia that he believed “what happened recently in Israel and Gaza will have a more serious impact on economic development,” adding: “I think we are at a very dangerous juncture.”

The Gaza Strip has been under Israeli ground, sea and air bombardment since Hamas launched Operation Al-Aqsa Flood on Oct. 7.

On the 19th day of the war on Gaza, Israeli aircraft continued to bomb civilians, and 4 Palestinians were killed in rocket fire by Israeli aircraft on the outskirts of the Jenin refugee camp in the West Bank.

The Palestinian Ministry of Health in the Gaza Strip documented 47 massacres that left 704 martyrs, bringing the total toll in two weeks to about 5800,15 martyrs, most of them children and women, in addition to more than injured.

(Folks there is no way in hell they are going to reinstate the dinar when this conflict is going on. Get it? Yes, it is sad. Seems when Iraq is just getting stable and secure this crisis pops up.)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Iraq to address population growth, climate change challenges amid urban expansion, 29 OCT

Iraq to address population growth, climate change challenges amid urban expansion

Shafaq News/ Iraq's Minister of Planning, Mohammad Ali Tamim, on Sunday said that Iraq is witnessing continuous population growth, with urban areas experiencing significant expansion at the expense of rural counterparts.

Those remarks were made during a speech he delivered at the "Iraq and Climate Change Initiative" conference hosted by the European Union mission in Iraq.

In his address, the minister stated that the government has been actively formulating "policies and decisions to address climate change and establish genuine partnerships across various sectors" in a bid to "ensure sustainable economic growth, secure food and water resources, and transition towards the use of clean and renewable energy sources." 

Dr. Tamim shed light on Iraq's substantial population growth, which has led to the considerable expansion of urban areas.

"Currently, 70% of Iraq's population resides in cities, while 30% lives in rural areas," he said, "comprehensive plans have been developed to manage land usage efficiently, establish energy efficiency standards, and construct sustainable cities."

The minister explained that Iraq's recently announced residential cities take environmental protection and climate change mitigation into account, aligning with the country's efforts to tackle environmental challenges.

https://shafaq.com/en/Iraq-News/Iraq-to-address-population-growth-climate-change-challenges-amid-urban-expansion

Iraqi Dinar CBI Report on POS - Cryptocurrency and IQD #IQD Rate

"RV UPDATE" BY MILITIAMAN, 29 OCT

 Militia Man

  Every one asks why isn't it [HCL] done yet?

...Everybody wants it today...I know everybody wants it.  So do I, but the truth is we're seeing things that's never been done before...They have the law out there and written.  They just haven't got to it...

I think we all know...if they were going to do it at 1310, 1305 or 1320 they would have already done this by now and they haven't...I hope and pray...the thing that they need is an international Article VIII compliant exchange rate...

A lot of different things that go on behind the scenes that your average person has no idea that it's even going on.  They're just looking for what we all are to some degree - When's it going to go, when's it going to happen. 

 But it's a complex process and the awesome thing about it is what we're seeing in public and behind the scenes is showing it's coming.  It's coming fast.  It's coming furious.  It's good.

 If you've been paying attention closely, it isn't just the oil and gas law anymore.  It's the oil, gas and natural resources law.

  They're going to add more to it so the citizens are going to benefit from this...that's all the politicians too. Everybody in the country is going to benefit from it...

Prime Minister Barzani urges Baghdad to honor its financial entitlements toward Erbil, 29 OCT

 Prime Minister Barzani urges Baghdad to honor its financial entitlements toward Erbil

Shafaq News/ In a meeting with French Ambassador to Iraq, Eric Chevallier, Kurdistan's Prime Minister Masrour Barzani reiterated the critical need for the federal government to release the region's financial dues.

During the meeting, the two sides discussed the latest developments in Iraq and the broader region, as well as opportunities to strengthen bilateral relations.

Prime Minister Barzani said that Baghdad should honor its financial commitments, "especially after the Regional Government provided necessary clarifications supported by precise data and information to the Parliamentary Finance Committee and relevant federal government authorities."

"The violation of the rights of employees in the Region cannot continue," he said. 

The meeting touched on maintaining security and stability in Iraq and the Kurdistan region, as well as safeguarding diplomatic missions and international coalition forces.

https://shafaq.com/en/Kurdistan/Prime-Minister-Barzani-urges-Baghdad-to-honor-its-financial-entitlements-toward-Erbil

An Iraqi Government Minister Reassures Kurdistan Of Sending 700 Billion Dinars To Finance The Salaries Of The Region’s Employees, 29 OCT

 An Iraqi Government Minister Reassures Kurdistan Of Sending 700 Billion Dinars To Finance The Salaries Of The Region’s Employees

2023-10-29 04:22    Shafaq News/ The Minister of Construction, Construction, Housing and Public Municipalities, Bankin Rekani, reassured on Sunday that the federal government will soon send an amount of 700 billion dinars as part of the second agreed-upon installment to finance the salaries of employees and workers in the public sector in the Kurdistan Region for the last three months of the year 2023.

Rikani said during the conference he held inside the ministry building in the capital, Baghdad, “Today morning I spoke with the Prime Minister, Muhammad Shiaa Al-Sudani, and with the Minister of Finance, Taif Sami, and we received promises from them that if the Kurdistan Region delegation came to Baghdad, it would be possible the day after tomorrow to solve the problem that the regime was able to solve.” Accounts,” stressing that an amount of 700 billion dinars will be sent to the region.

He added that the atmosphere in Parliament and the federal government is positive and helps solve the problem, which is technical and there is nothing left to address.

The Kurdistan Regional Government decided to send a delegation to Baghdad in the middle of this week in order to settle the amount of the cash loan that it agreed with the federal government to send to pay employees’ salaries after they were delayed.   LINK