Saturday, February 17, 2024
Sudanese advisor: Iraq is on the eve of a transition in the development of promising economies globally, 18 FEB
Economy News – Baghdad
The financial adviser to the Prime Minister, Mazhar Mohammed Saleh, explained on Saturday the six principles launched by Prime Minister Mohammed Shia Al-Sudani, to maximize value chains and sustain the momentum of development in the country, while stressing that Iraq is on the eve of a transitional phase in the development of promising economies globally.
Saleh said, in a statement reported by the official news agency, and seen by “Economy News”, that “Iraq, with its great natural resources, in the ninth sequence in the world after countries such as the Russian Federation, the United States of America and the Kingdom of Saudi Arabia, and today it is on the eve of a transitional stage in the development of promising economies in development at the global level, but international studies estimate that the share of one square kilometer of natural resources relative to the area of our country is the highest in the world.”
He added: “Within the framework of the country’s philosophy of partnership with the private sector, a great investment momentum accompanied by high technological capabilities commensurate with the developments of the new digital age in the world, all of which seek through international partnerships to maximize investment opportunities, integration and cooperation in our country as an important part of Iraq’s integration policy into the global economy to achieve the well-being of the Iraqi people and diversify sources of investment and national income in our country.”
He continued: “In all cases, the national private sector today has the priority of support and providing the necessary sovereign guarantees in full swing with the climate of guarantees obtained by international investments,” pointing to “a new development era for Iraq leading to the diversity of sources of income by investing in diverse natural and human resources, launching manufacturing industry and supporting agricultural efforts to maximize value chains with different technologies.”
He pointed out that “maximizing value chains in Iraq and sustaining the momentum of development stems from the six principles launched by the Prime Minister, in his last meeting in the Netherlands with international businessmen and investors, which he summarized as follows:
The first principle: economic reform in all areas of the economy without dependence on oil.
The second principle: Supporting farmers and farmers in expanding the use of modern technologies in the field of water and benefiting from global experiences, especially Dutch ones.
The third principle: The state seeks to provide sovereign guarantees to the private sector, amounting to 85% of the value of the project to ensure the transfer of the joints of modern international industries, technologies and services to our country.
The fourth principle: the launch of the operation of the large port of Faw in 2025, as a bed for development and economic progress that adheres to the development route strategy, knowing that the fifth berth of the port has docked in one of the international ships.
The fifth principle: Reform the financial and banking sector to put it on competitive foundations commensurate with international compliance standards. Financial and banking reform is the forefront of the government’s reform program for the effective linkage of finance sector to development programs and the speed of implementation and progress.
The sixth and final principle: the desire of the global financial and banking market to open branches of its banks and activities in Iraq, which enhances the financing and investment environment and the integration of the Iraqi economy with the global economy.”
He concluded: “It is the message of the six principles launched by the Prime Minister to the global economic community to launch another development era in Iraq, whose goals are to diversify the national economy through partnership between the state and the private sector.”
https://economy-news.net/content.php?id=40556
"RV UPDATE" BY FRANK26, 18 FEB
Frank26
It's no longer a rumor that Iraq is entering the World Trade Organization. Vietnam is part of the World Trade Organization. Their currency is worthless. Does that mean the Iraqi dinar that is worthless can join the WTO? Yeah. Does that mean the Iraqi dinar is going to stay worthless? No...The whole world and the United States Treasury worked with the CBI...
Question: "Do we have to have our currency for over a year?
For tax purposes, yeah. If you have your currency for at least one year you're in the about 20% tax bracket. If you have had it for less than one year and you exchange it you're in about the 40%. If you have had it for one year and you don't have a receipt, you're in the 40%. If you've had it for one year and you got a receipt you're in the 20%.
[NOTE: Some gurus feel the dinar exchange will be taxed as capital gains, others feel ordinary income and other not taxed at all. The only opinion that matters is the IRS's - Consult a tax professional at the appropriate time to determine the right tax for your unique circumstances.]
The CBI is not calling them 'lower denoms', they are calling them 'Lower notes'. They also explain the need for fractional banking through the coins they will be giving them. They are not using the word fractional banking with the citizens but they are telling them they will be able to get change so they will not lose money.
I don't plan to go to a bank. Can you imagine?
Barzani and Biden adviser discuss dialogue developments with Baghdad to re-export Kurdistan’s oil, 18 FEB
Barzani and Biden adviser discuss dialogue developments with Baghdad to re-export Kurdistan’s oil
Erbil – 964
The President of the Kurdistan Region, Nechirvan Barzani, on Saturday, discussed with Amos Hoxstein, the senior adviser to US President Joe Biden for energy and investment, the latest procedures and steps to resume the export of the region’s oil, and the dialogue of stakeholders in the Kurdistan Regional Government and the federal government on this subject.
A statement of the Presidency of the Kurdistan Region received by the network of 964 copies of it:
On the sidelines of the Munich Security Conference in Germany, H.E. Mr. Nechirvan Barzani, President of the Kurdistan Region, met this afternoon (Saturday, February 17, 2024) with Mr. Amos Huckstein, Senior Advisor to US President Joe Biden for Energy and Investment.
During the meeting, they discussed the relations of the United States of America with Iraq and the Kurdistan Region, especially in the fields of economy, energy cooperation and investment, the latest procedures and steps to resume the export of oil of the Kurdistan Region, and the dialogue of the concerned authorities in the Kurdistan Regional Government and the Iraqi Federal Government on this subject.
Mr. Huckstein pointed out that the United States looks with interest to the safety and stability of Iraq and the Kurdistan Region, and is willing to develop opportunities and joint cooperation with them in the sectors of economy, investment and energy, and stressed America’s commitment to continue to support and assist Iraq and the Kurdistan region.
Discussing Erbil-Baghdad relations, the security situation in Iraq and the Kurdistan region, threats targeting international coalition forces and diplomats in Iraq and the effects of complications in the Middle East in general, was another focus of the meeting.
"RV UPDATE" BY MARKZ, 18 FEB
MarkZ
[via PDK]
Comment: Well this is a 3 day weekend…Monday is Presidents day…fingers crossed. MarkZ: We don’t know the timing but, this weekend would sure be a great opportunity. ...It is fairly quiet in Iraq today But there is a lot of anticipation for this weekend. We will see what happens.
I continue to get phenomenal news and am trying hard not to be excited in case this is not “it” yet. But, if they are accurate then things are very much underway and we will see the fruition of it in the next 4-5 days. I hope it is accurate but I want you to stay calm and grounded right now. But things are coming together in a positive way...The news is over the top good…I’ve never heard it from this many sources before and I have not had this many people that I know in real life go quiet with NDA’s. This is unprecedented for me. I guess this is one reason that I am “calmly excited”
”The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March”When they say “Next March” They mean this March of 2024 . What does this mean ?
This is all about foreign currencies and International Acceptance! We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.
Comment: I hear they are moving forward wihin 10 days. MarkZ: I was told that their goal is by the 20th…but I could live with 10 days…by the end of February...My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and the banking anticipation …And, a number of sources say we could get it by the 20th now...I think everything is done and we are just waiting on them to release it...My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close.
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-markz-16-feb.html
Al-Sudani confirms that Iraq is continuing to achieve the goal of raising the level of exchange and integration with countries, 18 FEB
Al-Sudani confirms that Iraq is continuing to achieve the goal of raising the level of exchange and integration with countries
Today, Friday (February 16, 2024), Prime Minister Muhammad Shiaa Al-Sudani confirmed that Iraq is continuing to “raise the level of exchange and integration with the countries of the region.”
A statement from his office received by Baghdad Al-Youm stated that Al-Sudani met with Lebanese Prime Minister Najib Mikati, on the sidelines of their participation in the 2024 Munich Security Conference, and during the meeting, they “discussed bilateral relations between Iraq and Lebanon, and ways to enhance exchange in aspects of common interest.” “In the interest of the two brotherly countries.”
Al-Sudani pointed out, "The continuation of the aggression against Gaza, and the threat it causes to stability in the region, and the necessity of stopping this aggression and preventing its expansion, in addition to stopping the genocide to which the Palestinian people are being subjected, and attempts to expand the conflict through attacks on brotherly Lebanon and its borders."
He reaffirmed "Iraq's progress in achieving the goal of raising the level of exchange and integration with brotherly and friendly countries in the region, in a way that provides the means for development and opportunities for its people, and the means to overcome economic crises."
For his part, Mikati stressed "Lebanon's keenness to establish security and stability in the region, and to continue constructive cooperation with Iraq in all fields, expressing his thanks and appreciation for the Iraqi positions in support of Lebanon, and providing fuel and support to support the Lebanese people in facing economic difficulties and challenges." link
"RV UPDATE" BY BRUCE, 17 FEB
Bruce
[via WiserNow] ...According to one of our strong sources...we're at the position where we could get notified...Friday or Saturday with our notifications and hopefully start by Saturday for exchanges ...we should be able to get started, hopefully within the next couple of days.
[via WiserNow] I know that there are rates on the bank screen I know that they should be locked in. ...We should also have rates on redemption center screens, which is the better way to go...you should be absolutely thrilled with the rates that are available for all of our currencies.
...we're being told by our redemption center people that we are in for a very exciting weekend...
we did get information...that is pointing to this going very soon...So there’s a 4 letter word that we don’t use that often. ...from...main sources...we will be going in for exchanges before or by Friday morning...It looks very good...I think this could be a very interesting week, weekend into next week...
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-bruce-11-feb.html
Al-Sudani to the British Foreign Minister: The government seeks to end the presence of the international coalition in Iraq, 17 FEB
Al-Sudani to the British Foreign Minister: The government seeks to end the presence of the international coalition in Iraq
Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Friday, that the government is seeking to end the presence of the international coalition in Iraq.
A statement from the Prime Minister’s Media Office, received by Earth News Agency, stated that “Prime Minister Muhammad Shiaa Al-Sudani received British Foreign Minister David Cameron, on the sidelines of his Excellency’s participation in the Munich Security Conference 2024.”
The statement added, “During the meeting, the Prime Minister discussed bilateral relations between Iraq and the United Kingdom, and the importance of upgrading and strengthening them in all aspects, in a way that serves the common interests of the two friendly countries,” noting that “Iraq today represents fertile ground for investments and economic work, and that the doors of investment are open.” In front of British companies.
Al-Sudani stressed that “the government seeks to organize work with the international coalition, move towards ending its presence in Iraq, and move to multiple bilateral relations with the coalition countries.”
Regarding the situation in Gaza, Al-Sudani pointed out “the necessity for the major powers to exercise their role in ending the ongoing war in the Palestinian territories, and stopping its repercussions on the security of the region and the world, and the necessity of protecting civilians and providing urgent humanitarian aid to them, after the comprehensive destruction caused by the occupation forces in the Gaza Strip.” “.
For his part, Cameron expressed “his country’s desire to expand relations with Iraq, in a way that achieves mutual benefit,” stressing that “these relations should not be limited to the security aspect, which is being organized through Britain’s participation in the international coalition. Rather, his country desires to create Multiple partnerships with Iraq, especially in the economic and development aspects.” link
"RV UPDATE" BY PIMPY, 17 FEB
Pimpy
When you take the three zeros off the 25000 dinar you only have a 25 dinar. It give the impression of a stronger currency because it doesn't look like an over inflated currency. It didn't say it's going to be stronger. It says...Deletion of the zeros is to give the impressionof a much stronger currency. It gives people confidence...If they do that before they change the exchange rate we are ass out. We need to figure out how to swap our currency for the new currency...What did I say we wanted to avoid? A redenomination until we see it go up in increments..Now all of a sudden they're talking about forcing Iraqi people to bring inter dinar by redenomination. Man, this is looking bad.
Question "Just be blunt...Make it simple. If someone holds a million dinars what is the most one can get from this amount over the next several years?" I've been blunt about this...It depends on how long you hold it.
Let's say it starts to go up in increments like I think it's going to happen, you have to look at your 1 million dinar and think to yourself, 'Am I going to be happy with the current exchange rate.'
It really depends on when it gets to a rate that you like. As long as they can stay out of conflict, continue moving forward like they have with reform, getting back in the World Trade Organization, showing back up on Forex, these things are very important on give value to the Iraqi dinar.
To end the mission of the international coalition in Iraq. Sudanese meets members of the US Congress, 17 FEB
To end the mission of the international coalition in Iraq. Sudanese meets members of the US Congress
"Prime Minister Mohammed Shia Al-Sudani received four members of the US Congress: Mike Turner, Mike Turner, Mike Michaelshire, Joe Wilson and Jerry Connolly, on the sidelines of his participation in the Munich Security Conference 2024," the Prime Minister's Information Office said in a statement received by Mawazine News.
The statement continued that "during the meeting, bilateral relations between Iraq and the United States, and ways to enhance constructive cooperation, as well as reviewed a number of files and issues of common interest, were discussed.
The meeting also touched on the ongoing dialogue on ending the mission of the international coalition in Iraq, after the arrival of the Iraqi security forces to an advanced stage of readiness and high performance, and the transition to broad bilateral relations between Iraq and the United States of America and the rest of the coalition countries."
Al-Sudani called for: "The need to develop relations between the two countries at various levels and sectors without limiting them to the security side only," noting "the state of recovery experienced by Iraq, and the reforms it is witnessing in various economic and financial sectors, and proceeding with integrated economic partnerships with the countries of the region and the world, which will contribute to enhancing development and achieving stability for the country."
Members of the US Congress noted their “interest in the success of the Iraqi government in several aspects,” stressing “the importance of Iraq and its role in promoting security and stability in the region.”
"RV UPDATE" BY SANDY. INGRAM, 17 FEB
Sandy Ingram
Iraq is getting closer to a currency reset...Iraq's rail plans have investors worldwide watching carefully...The rail connection in Iraq from the Gulf to Europe will change Iraq's economy. This same method of increasing the GDP was recently used by Mexico when they built a connecting rail system...Mexico's exchange rate increased against the US dollar and now Americans are spending more money to live in Mexico...This is one of the major paths that can lead to a higher GDP and a higher value in the currency. The project is set to start in early 2025.
The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry. Iraq holds a significant amount of the world's history within its borders...What is needed is security and safety for travelers. Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq's GDP.
" Iraq's central bank revokes Iran's Bank Melli operating license" This article tells us the US is serious about not allowing Iran to have access to US dollars. It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve.
Vietnam is making major financial news. Vietnam factory activity returns to growth status after the pandemic, tourist arrivals increased by 73.6% in January and retail sales are still growing for the 26th straight month. The inflation rate is at a five month low of 3.7%. Overall Vietnam has green lights on all growth patterns...Vietnam knows precisely what to do to bring the value of its currency back into the line of profit...
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-sandy-ingram-12-feb_040016202.html
Sudani Discusses With Siemens Energy To Accelerate Its Business In Iraq, 17 FEB
Sudani Discusses With Siemens Energy To Accelerate Its Business In Iraq
Prime Minister Mohammed Shiaa Al-Sudani discussed, on Saturday, with Siemens International Energy to accelerate its business in Iraq.
A statement for his office received by Earth News said that “Prime Minister Mohammed Shia Al-Sudani received today, Saturday, CEO of Siemens International Energy, Christian Broch, on the sidelines of his participation in the Munich Security Conference 2024.”
The statement added, “The meeting witnessed the review of the projects carried out by Siemens in Iraq, ways to accelerate work, as well as the review of contracts and the progress made in the implementation of their paragraphs, as well as the consideration of the joint memorandum of understanding between the company and the Ministry of Oil on the investment of associated gas and the development of Iraq’s capabilities in this vital field.”
He added, “The meeting discussed the opportunities available to develop the distribution sector and energy transfer within the Iraqi electrical network, where the Prime Minister pointed out that the desired development in the electrical network cannot be achieved, except by developing all its sectors, and efforts and plans must not be limited to the development of production alone.”
https://earthiq.news/archives/335744
"WHERE ARE WE NOW?" BY GEM FINCH, (ENGLISH & SPANISH), 17 FEB
Universe Bruce Big Call Thursday February 15, 2024
ONLY INTELLIGENCE
*WHERE ARE WE NOW?*
Let's go back, according to a source, we have a launch that was supposed to be Thursday, Friday and Saturday. I think the last two days are important as you are connected to the bond sellers and about to receive their emails and funds moving in your direction. and emails either on Friday or Saturday, so on Friday/Saturday to have funds for expenses, they will get 10% of the total to last them three months and then the rest, if we run alongside them, we are in the position that we could Receive a notification on Friday/Saturday and maybe even be able to exchange on Saturday, so get that email from WF or us, and then schedule your appointment, hopefully as soon as Saturday, but not even the bond holders have the exact schedule or emails. They are not like those super whales and they have not been able to spend their funds yet, and they want to get T3, T4A and B back together and we should be able to start in the next few days.
Gem Finch, [02/16/2024 14:50]
We have marshal laws in some states and they will watch them closely, but we will also have those NDAs and they will make the decision on how long you will be on your exchange, so you really need to have a good attitude when you go to that exchange, so if seems trustworthy, they may give you a shorter NDA.
Now as long as you have enough coin or Zim and when you set up your QFS account and only use that QFS to send to your main account, and Bruce of course has the LLC accounts, but his WM will help you with all of that, we will have up to 1 .5 billion from the QFS to that main account, and they will offer a good interest rate on those funds and then you will have access to the rest of those funds after 90 days; It's just set up so we don't do it. transfer funds too quickly.
So you have to call using the 800 number and then you have that 30 minute appointment for a quick exchange – and you really have to be conscious and think and look them in the eye and read that documentation and make your presentation and they will count and verify their coins and, If you have bonuses, have your receipt to show how you received them, etc., as well as receipts if you have them. Their Zim Bonds are bearer bonds and they are great.
It's really going to be very fast: you'll have a QFS account and a main account and that's all they'll have time for. I'm not sure when the USTN will be out, but we may have an EBS over the weekend. and also the return of President Trump perhaps within the next week. What Sue mentioned about Zimbabwe (they've had that dollar backed by gold for about three months) is really good and shows the strength of the country's resources: oil, gold and many things of value, and it could even be the Reserve. African currency. So we'll see how that all works out – looking for a strong weekend – we know there's cleanup and arrests, but we hear we're at the point of no return and now we can do it. So that's ALL I have for tonight, pray for the call. We hope this is a great weekend.
– join Bruce in this very special prayer and, as always, continue to pray those heartfelt prayers until this Heavenly Blessing is fully manifested in ALL OUR LIVES – Humanity desperately needs this Heavenly Blessing – and ALL our prayers are heard by Our Father and heaven. I LOVE YOU ALL
ALWAYS Gema.
TRANSLATION SPANISH :
Universo Bruce Big Call Jueves 15 Febrero 2024
Minister Of Commerce: International Welcome And Desire To Increase Investments In Iraq, 17 FEB
Minister Of Commerce: International Welcome And Desire To Increase Investments In Iraq
Economy 02-15-2024, Cairo - INA - Rasha Muhammad, Minister of Trade, Atheer Al-Ghurairi, revealed today, Thursday, a wide welcome and international desire to increase investments inside Iraq, while confirming the holding of meetings with 3 countries in this regard.
Al-Ghurairi said during his participation in the 113th session of the Economic and Social Council, which was held at the Arab League, in a speech followed by the Iraqi News Agency (INA):
“Iraq today seeks, within the government program of Prime Minister Muhammad Shia al-Sudani,
to improve the investment environment and seeks
to receive private sector companies with the aim of improving reality.” "The economic situation in Iraq and the
announcement of the availability of great investment opportunities." He added,
"There are many important projects in Iraq, including the development road and the railway line between Holy Karbala and Najaf Al-Ashraf," noting "the necessity of encouraging investments from the private sector inside Iraq." He added,
"Iraq seeks to increase investment projects with Arab countries," noting,
"There are major initiatives by Arab countries, and there was a
great welcome from them to increase investments in Iraq and
implement many economic agreements and conferences, and
there are many protocols implemented with countries."
The UAE, Qatar, and Egypt formed committees that included delegations from businessmen and the private sector inside Iraq, and we noticed a tangible change in the management of the economic file and the general economic policy of the Iraqi state.”
He pointed out, "The meeting came out with many decisions that were approved, including enhancing intra-trade, liberalizing trade in goods, and welcoming Iraq's accession to the World Trade Organization." He stressed, "This is what Iraq aspires to, as its steps have begun to convey their messages to all countries, and the
Iraqi economy will witness a significant recovery during the coming period in order to achieve common interests and achieve mutual benefit between Iraq and the Arab countries." He pointed out that
"there are rapid initiatives in infrastructure investment with the Egyptian, Qatari and Emirati sides through many agreements concluded during the previous period." https://www.ina.iq/203200--.html
"OPINIONS OF THE IRAQI DINAR GURUS" BY HERNAN ROBERT BRAVO, ( ENGLISH & SPANISH),17 FEB
Friday February 16, 2024
Opinions of the IRAQI dinar guru
Militian Men: Says
— IRAQ is a country bordering Kuwait. Iraq is considerably larger than Kuwait...They have massive amounts of oil...liquid natural gas...gold...some of the largest mineral deposits in the world that Kuwait does not have. You have to wonder why they brought this up? – Quote from the article: “The Kuwaiti dinar took the throne of the world's currencies by 2024, while the US dollar took the last place in the list of the 10 strongest world currencies... the dinar of the Gulf State It is divided into 1,000 smaller units known as fils.”
— IRAQ has no fils. They're going to be talking about fils because why? Because... Al-Sudani has declared that the dinar is stronger than the dollar. They're going to need to be able to make changes... When they mention this with the Iraq situation, I think they're doing it in a way that suggests that the region can support Iraq having a strong currency and stronger than the dollar...
Mark Zee: Says
— Comment: I heard they will move forward in 10 days.
— MarkZ: They told me their goal is for the 20th... but I could live with 10 days... by the end of February... My gut screams that we'll see this in the month of February based on the number of requests to keep us dumbed down. and the bank anticipation... And several sources say that we could have it now by the 20th... I think everything is done and we are just waiting for it to be published... My contacts in Iraq tell me this... as well as the bankers. and government contacts. …Things shout to us that we are close.
Pimpy: He says
— Ask “Be direct… Keep it simple. If someone owns a million dinars, what is the most he can get from this amount in the next few years? I've been frank about this... It depends on how long you hold onto it. Let's say it starts to increase in increments as I think it will, you have to look at your million dinars and think: 'Am I going to be happy with the current exchange rate?' It really depends on when you hit a pace you like. As long as they can stay out of the conflict, continue to move forward as they have done with reforms, return to the World Trade Organization and reappear on Forex, these things are very important to give value to the Iraqi dinar.
Militia Men: Says
— IRAQ has done what it had to do to comply with Article VIII. Dollar auctions are going to stop. They will have freedom of capital movement... That will create confidence in investors. And that investor confidence will come from the investment law, from the freedom of capital movement.
Frank26: He says
— I don't plan to go to a bank. You can imagine? …I have 10 million dinars here…Personally I do not plan to go to a bank to exchange my currency. I'll have a team... I'm going to ask my lawyer to contact the bank and say, 'I represent Mr. [Frank26] and Mrs. [Frank26] and they want to make an appointment for you to come to their house. house and collect a large amount of foreign currency... My lawyer will already know exactly what the bank is going to offer me... The less contact I have with the bank, the better... If you have a small amount then you will probably go to the Bank…
Greetings
Hernán Robert Hbravo
TRANSLATE IN SPANISH:
Viernes 16 Febrero 2024
Al-Sudani: Iraq imports goods worth 70 billion dollars annually , 17 FEB
Al-Sudani: Iraq imports goods worth 70 billion dollars annually
Economy Iraq Holland Import Muhammad Shiaa Al-Sudani 2024-02-15 09:31 Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani said on Thursday that Iraq annually imports $70 billion in goods, indicating that the government’s priorities are reforming the economy and not continuing to rely on oil revenues.
This came during a speech by Al-Sudani, which he delivered at a dialogue seminar held in the Dutch city of Rotterdam, attended by a number of businessmen and representatives of 40 companies, according to a statement received by Shafaq News Agency. Al-Sudani stated,
"Iraq is going through a state of recovery today, at various levels, after passing the stage of the war against ISIS, in which the Iraqi people won, with the support and backing of the international community, and the Netherlands was among the countries supporting these efforts." He added:
"We asked the international coalition to end its mission in Iraq, which lasted 10 years, in light of the readiness and efficiency of the Iraqi security services."
Regarding the economic file, Al-Sudani stressed, “The government has priorities, including reforming the Iraqi economy, through two tracks.
The first is achieving reforms in the various economic, banking and financial sectors, and gas investment, and the other is implementing projects that provide job opportunities and meet our needs for services and goods.”
Regarding the water issue, the Prime Minister pointed out the start of a program to use water optimally, in light of the conditions of scarcity that the region and the world suffer from,” adding:
“We supported farmers and farmers in acquiring modern irrigation systems, and we are trying to invest in the successful experiences in the Netherlands to confront water scarcity in Iraq.”.
Regarding investment projects, Al-Sudani said, “The Iraq Fund for Development will engage with the private sector in implementing projects away from the government, whose role will be planning and organizing,” stressing that
“the government provides sovereign guarantees to the private sector of up to 85% for any project being implemented.” This is an unprecedented percentage.” He continued:
"We have embarked on a radical reform of the financial and banking sector, and procedures related to compliance with international standards in financial transfers," noting that
"international and Arab banks have begun to open their branches in Iraq, and
there is will and work, at all levels of Iraqi state institutions, in order to move to reality." better".
https://shafaq.com/ar/اقتصـاد/السوداني-العراق-يستورد-سلعا-بـ70-مليار-دولار-سنويا
"FOR ALL HOLDERS OF FOREIGN CURRENCIES" BY GIRLBYE, 17 FEB
GirlBye
Yesterday at 7:50 pm
It is a waste of my time and intelligence to maliciously bash people and/or their opinions. However, I am going to voice this fact one time only in this particular forum.
For all holders of foreign currency, be it ZIM, Dong, Dinar, etc. There are licensed and bonded agencies where you can exchange your currency. i.e. banks such as HSBC, Chase, Wells Fargo. There are also Exchange Centers i.e. Bretton Woods, Currency Exchange International, etc. You do not require a special 800 number. What you do require is common sense i.e. pick up the phone and make an appointment with your bank, if you plan to exchange a large amount of currency and/or you don’t want to wait in line.
If you know of an actual licensed and bonded Redemption Center (not a bank or currency exchange) please feel free to post it here in response. I would be interested in calling them.
https://dinarchronicles.com/2024/02/16/girlbye-for-all-holders-of-foreign-currency/