FRANK26:"SUDANI ORGANIZES THE MEDIA FOR AN ANNOUNCEMENT.".............F26
Al-Sudani receives members of the Board of Trustees of the Iraqi Media Network
7/4/2024
Prime Minister Mohammed Shia Al-Sudani received, on Thursday, the members of the Board of Trustees of the Iraqi Media Network.
Al-Sudani congratulated the new members for their selection to the Board of Trustees of the network, stressing the importance of assuming their responsibilities and performing their assigned tasks, pointing to their role in integrating work within the network's joints, by drawing up policies and selecting constructive media discourse that contributes to formulating an informed public opinion, towards various issues and challenges, and in a way that achieves the supreme interests of the country.
The Prime Minister pointed out the importance of the media network as it represents the state's media, provides its media services to the public, and refutes misleading news and lies by providing accurate information, with a high level of performance.
Al-Sudani stressed the role of the network and its contribution to preserving the values of our Iraqi society, directing the Board of Trustees to work with high professionalism away from factional entrenchments, and to work in a team spirit with the head of the network, in a way that contributes to improving its performance.
Question "Does the budget have to be in The Gazette before we see a change in the rate?" No. They can make the change and then it can pop up in the Gazette. The Gazette is not something that is a mandatory in order for it to be revealed. The budget is a mandatory in order for it to be revealed.
Question: "The dinar may skyrocket slowly for years, is there a chance to keep them in dinars in multi-currency accounts?"
The IMF will force the CBI to give us outside of Iraq a specific amount of time [to exchange] but I pray that they give us 6 months to a year because if they give us one month to 3 months that's not enough time IMO to take advantage of the float...
Once you see the HCL, when will you see the new exchange rate? **snap** [That fast].
The WTO, you don't have to have value to your currency but it can't have any stains on your currency.What do you mean by that? The Iraq dinar had sanctions on it remember - The United Nations Security Council, they put handcuffs on the dinar. They cannot be used internationally, it was on the OFAC list, you couldn't touch it.It was Taboo...It cannot have any sanctions...restrictions. It must be fully capable of moving in the international markets...
FRANK26:YES!!!...THE WHOLE WORLD IS WITNESSING IT!!!"...........F26
Al-Sudani: Iraq is witnessing the highest growth rate in the region
7/4/2024 Baghdad
Prime Minister Mohammed Shia al-Sudani confirmed today, Thursday, that Iraq is witnessing the highest growth rate in the region
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The Prime Minister's media office stated in a statement received by "Al-Eqtisad News" that Al-Sudani "sponsored today, Thursday, the annual celebration of the National Job Day, which was held at the government palace in the capital, Baghdad, where 50 distinguished employees in various fields were honored, who were chosen by specialized committees; for their excellence in job performance."
Al-Sudani praised the "distinguished employees who worked hard and deserved distinction. This selection of male and female employees proves the strength of the Iraqi and the principles, confidence and positive energy he carries," stressing that "the martyr who sacrificed himself for Iraq and the Iraqis remains the first distinguished one."
He added, "We commend the initiative to honor distinguished employees, and appreciate the efforts of the relevant committee and everyone who contributed to this initiative, which confirms the ability of employees in the public sector, and negates the negative image of them, as it highlights the loyal, competent, productive and honest employee," noting that "there are other numbers of distinguished employees who perform their duties with dedication and high efficiency."
He pointed out that "the stories of distinguished employees are worthy of consideration and enhance confidence in government employees, especially since some of them were able to transform the difficult circumstances and challenges they are experiencing into success, distinction and dedication in the public service they provide to citizens," indicating that "one of the people of determination achieved excellence over his colleagues in programming, as well as the insightful student in Shatra who excelled and overcame her health conditions, which is a case of creativity that we have the right to be proud of."
During the ceremony, Al-Sudani addressed the "pivotal and essential role of the public sector in building the country, and its undertaking of implementing the government's program and priorities, in addition to its importance in improving the country's situation in all fields, as Iraq is witnessing the highest growth rate in the region, and the government sector must perform its duties in this regard."
He stressed that "the government has, in less than two years, made significant progress in working and addressing challenges in all areas, as our country possesses natural and human resources, some of which have not been invested to this day."
The exchange is real if you're talking about the currency. It's a legitimate currency. Right now you can get 1320 dinars for every $1.00.
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Article: "Customs complete the first phase of the automation project and reveals its revenues within 5 months" They've been kept in the dark ages for a long time. Everybody was doing everything by paper and pencil and it was kept that way for a reason...Banking and other institutions are seeing their companies change with this new technology are going to be excited.
It's going to make their work a lot more efficient...it's only going to get better for Iraq. This is one of those way they can generate revenue other than from oil. This is exactly what they need to diversify.
Quote "revenue rate will raise by the end of this year to 200% from what it was in 2022." That's a hell of an increase...it's going to boom over there..
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I'm going to tell you the truth. Here's the truth, Iraq has taken major strides and getting their crap together. Is the Iraqi dinar going to go up in value? Yes it will. Is it going to happen tomorrow? Is is happening over in Europe? Is it happening over in Brazil or China? No, no it's not. There is no in-county/out-country rate. No one group of people has had dinar exchanged. Nobody's got their blessing...
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Article: "Expert likely to keep exchange rates within their current rates" It's not going to happen that quickly. There's so many more hurdles for Iraq to jump through.
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I challenge any content creators out that's making videos about the dinar...to...a debate...Bring your receipts. Bring your proof that I'm wrong and I'll bring my proof why I say I'm right. That's all you have to do. It's not that hard...Remember that I challenged people out there...I would give them $5,000 if they could...have a debate with me and prove me wrong about anything that I'm saying...How many people showed up?
Zero.
When you hear somebody tell you that, 'Hey in one country you cannot move forward and rebuild with huge projects with an exchange rate of 1,320 of your currencies for $1' just say, 'Oh yeah?
Look at Vietnam who has 26,000 of their currencies for every $1 and they continue to move forward.'
FRANK26:"THIS IS THE HCL FOR THE CITIZENS BECAUSE THEY STOLE THE MONEY FOR IT... TODAY THEY SAY THE OPPOSITE IN ORDER TO SURVIVE IN IRAQ!!!"............F26
Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What We Hope for from Barzani’s Visit to Baghdad
7/4/2024
Baghdad
Member of the Parliamentary Oil and Gas Committee, Zainab Al-Moussawi, revealed today, Thursday, the latest developments in the Oil and Gas Law, while pointing to the impact of Masoud Barzani’s visit to Baghdad on the approval of the law.
Al-Moussawi said in an interview with Al-Eqtisad News: “So far, the draft oil and gas law is almost complete, with a high percentage that may reach 90%, but there are some objections from the Kurds regarding some points, which are summarized in handing over oil imports and exploited and unexploited natural resources to Baghdad, as Erbil refuses to do so.”
She added: "We hope that Masoud Barzani's visit will be the beginning of resolving the crisis of the law and its legislation after an agreement with the political foundations in Baghdad, which is the Coordination Framework, as all political blocs are moving towards legislating the oil and gas law that regulates the country's natural resources."
The member of the Parliamentary Oil Committee explained that "the Oil and Gas Law contributes to exploiting the largest possible amount of undiscovered oil fields and also contributes to achieving self-sufficiency in petroleum derivatives and optimal exploitation of wasted natural resources estimated at hundreds of billions of dollars that contribute to diversifying the state's financial resources."
FIREFLY: Bank friend said something strange and interesting. Don't be surprised when this does come out it will come out pretty close to the cap or just maybe a fixed rate...It is possible they come out just right away at $3.22 because remember this is the reinstatement of our currency.
FRANK: Boom! Boom!
FIREFLY: They have so much riding on this with investment and any setback in the market could lead to a disaster of our monetary reform. Let's just say it comes out at $3.22 and it starts to move in the float or it could be fixed rate for a special period of time...
FIREFLY:Saleh on the news talking about soon the parallel market will be same as regular...
FRANK: ...The parallel rate doesn't exist anymore and if it doesn't exist anymore it's because they have a new exchange rate. The parallel rate was because you had a program rate.
Nassif: “Capital” Circumvents Iraqi Law And Drains Iraqi Funds Through The Currency Auction
Policy 2024-07-03 | 2,923 views A member of the Parliamentary Integrity Committee, Representative Alia Nassif, revealed today, Wednesday, that the Capital Bank is circumventing Iraqi law, while indicating that it is draining Iraqi funds through the currency auction. Nassif said in a tweet on "X", "Capital Bank agreed with the National Bank to circumvent Iraqi law by opening an account for Iraqi clients at Capital and then making investment transfers."
The Iraqi Ministry of Communications, under the direct supervision of Minister Dr. Hayam Al-Yasiri, announced the signing of a contract for the deployment of the 2Africa Pearls undersea cable.
The agreement, signed with Gulf Submarine Cables Company owned by Saudi Arabia's STC, aims to route internet capacities from around the world through the Arabian Gulf and Iraq to Europe.
Minister Al-Yasiri highlighted that 2Africa's
Pearls cable, which spans 47 global and regional landing stations, will strengthen Iraq's position as a secure transit corridor for international internet and telecommunications.
According to a press release from Iraq's Ministry of Communications, the project involves partnerships with major global companies including STC Saudi Arabia, Vodafone, MTN, Facebook, and China Mobile. 2Africa's website says the consortium includes eight members, namely, CMI, Meta, MTN GlobalConnect, Orange, stc (center3), Telecom Egypt, Vodafone, and WIOCC [West Indian Ocean Cable Company]
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Al-Yasiri also announced the fulfillment of promises to enhance Iraq's geographic significance and revenue. The transit internet capacity through Iraq has surpassed one terabit via the Civilizations Pathway project, a significant achievement within just six months.
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