LATEST FROM MILITIAMAN: THE REPONSABILITY OF IRAQ OF HAS A STABLE EXCHANGE RATE, 16 SEPT

  Militia Man  

They're talking about Iraq as going global and to the international financial system. 

 With that has responsibility and that responsibility will be defended by the central bank.  That responsibility is to have a stable exchange rate and to provide commerce throughout the country in and out and across borders, with efficiency and transparency.

   That's what they're going to have and that's what they're doing.  There's looking to be no stopping it.  It's brilliant.

Militia Man

  The IMF Article IV 2024 consultation, one of the most important things was for [Iraq] to accelerate accession to the WTO.

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Summary

Iraq’s Ministerial Council of Economy is advancing economic unity between the federal government and Kurdistan, focusing on financial reforms and salary equivalency.

Highlights

• 🤝 Collaborative Meetings: Recent meetings between the federal government and Kurdistan aim for economic unity.
• 💰 Salary Equivalency: Discussions include ensuring salary parity for regional employees.
• 🔍 Budget Reforms: Emphasis on addressing financial issues like oil, energy, and border revenues.
• 📈 Private Sector Growth: Plans to enhance the private sector’s role in the economy.
• 🌍 Global Attention: Iraq’s economic strategies are gaining international interest.
• 📊 Unified Treasury Accounts: Establishing a unified treasury for better financial management.
• ⚖️  Constitutional Rights: Ensuring all citizens benefit from new economic policies aligned with constitutional rights.

Key Insights

• 🌐 Economic Integration: The meetings signify a critical step towards integrating Kurdistan’s economy with the federal framework, promoting a cohesive financial strategy.
• 💼  Private Sector Engagement: By focusing on private sector involvement, Iraq aims to diversify its economy and reduce dependency on oil revenues, fostering sustainable growth.
• 🔗 Unified Financial Framework: The establishment of a unified treasury account reflects a commitment to transparent financial management and accountability, which is vital for investor confidence.
• 📈 Revenue Streams: The focus on oil, energy, and border revenues indicates a strategic approach to harnessing Iraq’s natural resources for economic stability.
• 🤔 Constitutional Compliance: The emphasis on constitutional rights in financial discussions demonstrates a commitment to equitable governance and fair resource distribution.
• 🏛️ Political Dynamics: The support for Prime Minister Al Sudani highlights the political backing necessary to implement these reforms, ensuring stability during transitions.
• 🚀 Future Prospects: The positive atmosphere in these meetings suggests potential for significant economic progress in Iraq, attracting global attention and investment opportunities.
• https://dinarevaluation.blogspot.com/2024/09/militiaman-cc-notes-highlights-12-sept.html