Sunday, September 22, 2024
Prime Minister arrives in New York, 23 SEPT
Prime Minister arrives in New York
Prime Minister Mohammed Shia Al-Sudani arrived in New York.
The Prime Minister's Media Office stated in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mohammed Shia al-Sudani arrived in New York to participate in the meetings of the 79th session of the United Nations General Assembly."
The Prime Minister's Media Office stated in a statement issued earlier that the Prime Minister will deliver Iraq's speech before the General Assembly, and will also deliver a speech at the Future Summit, in which many heads of state and presidents will participate, and which is concerned with enhancing cooperation, facing challenges, and affirming commitments.
He continued, "He will also hold a series of meetings and dialogues with a number of leaders and presidents of sisterly and friendly countries, and heads of participating delegations, in addition to meeting with the Secretary-General of the United Nations, and a number of officials of international and UN organizations and bodies." link
MILITIAMAN: ABOUT THE GAZETTE CONTAINING THE NEW BUDGET IS NOT THERE !!!, 23 SEPT
Militia Man
[Gazette Issue] 4782 [supposedly containing the new budget in June] is not there you guys...If they're going to do Article 140 and you're going to have a hydrocarbon law you're going to need to have an official exchange rate...
Iraq's going to be going international in the near future. They are already under the process 100% as far as I'm concerned... .DINAR REVALUATION REPORT: Reducing Dependence on the Dollar and Removing Zeros from the Dinar: Iraq's 2024 Strategy, 23 SEPT
Reducing Dependence on the Dollar and Removing Zeros from the Dinar: Iraq's 2024 Strategy
Iraq's Central Bank Governor, Ali Al-Alaq, has emphasized the bank's ongoing review of the deletion of zeros from the Iraqi dinar. This move is part of a broader strategy to revalue the national currency and simplify financial transactions. By removing specific zeros from the nominal value of the currency, Iraq aims to make its dinar appear less inflationary and more stable.
The reduction of reliance on the US dollar in commercial transactions is a key aspect of this strategy. By increasing holdings of foreign exchange and gold reserves, the Central Bank of Iraq is strengthening the country's financial position and stability, enhancing its ability to confront potential economic crises.
Stock Graph Widget
Removing Zeros: A Closer Look
Removing zeros from the currency involves a redenomination process that adjusts the face value of banknotes. This process is not merely cosmetic; it reflects the Central Bank's effort to combat inflation and improve the dinar's standing in the international market. The goal is to create a more efficient monetary system, where transactions are easier to conduct and the currency's value is more stable.
Enhancing Confidence in the Iraqi Dinar
Al-Alaq has confirmed that the Central Bank has responded to global economic challenges by amending monetary policies in line with the international situation. These adjustments are designed to enhance confidence in the Iraqi dinar and prevent a sharp decline in its value. By ensuring the dinar's stability, the Central Bank is working to maintain economic stability and improve the country's financial health.
In summary, Iraq's strategy to reduce dependence on the dollar and remove zeros from the dinar reflects a proactive approach to enhance the country's financial stability and improve the dinar's international standing. By simplifying financial transactions and revaluing the currency, Iraq is positioning itself for stronger economic growth and resilience in the face of global economic challenges.
What does it mean to reduce dependence on the dollar and remove zeros from the dinar?, 23 SEPT
Countries remove zeros from their currency to revalue the national currency and simplify financial transactions. This is done by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationary and more stable. This is how the Governor of the Central Bank of Iraq, Ali Al-Alaq, summarized the issue.
Al-Alaq confirmed yesterday the reduction of reliance on the US dollar in commercial transactions, adding that the project to delete zeros in Iraq is subject to continuous review and study at the bank.
Al-Alaq said, in a statement followed by the “Iraq Observer” agency, that “the Central Bank responded to global economic challenges such as rising energy and raw material prices, by amending some monetary policies in line with the international situation and to enhance confidence in the Iraqi dinar and prevent a sharp decline in its value.”
He added, "The Central Bank of Iraq has increased its holdings of foreign exchange and gold reserves to strengthen the country's financial position and financial stability in order to enhance its ability to confront potential economic crises."
Local bank accounts
Regarding the steps taken to address the dollar’s rising crisis, Al-Alaq said, “The Central Bank of Iraq has created new mechanisms to cover local banks’ accounts with their senders in other currencies (Chinese yuan, Indian rupee, euro, and UAE dirham) in addition to the dolla r, which has reduced reliance on the US currency in commercial transactions for these banks’ clients, while the Central Bank seeks to withdraw excess liquidity in the economy that puts pressure on the exchange rate and to prevent the exported currency from growing in an undesirable manner.”
Regarding the country's foreign reserves, the Central Bank Governor explained that "foreign exchange reserves are the tool used by all central banks to maintain the stability of the local currency exchange rate against foreign currencies, as well as to reduce exposure to external crises by maintaining liquidity in foreign currency to absorb shocks in times of crisis."
“According to the latest data on the level of foreign reserves adequacy, the Central Bank of Iraq’s foreign reserves cover 83.62% of the broad money supply, i.e. covering the cost of importing 15 months, while the global standard rate is 20%, covering 6 months of importing,” according to Al-Alaq.
He pointed out that "the sanctions imposed on banks are related to the decision to ban dealing in dollars, as the banks were not included in the sanctions list issued by the Office of Foreign Assets Control, and therefore the banks' activities continue, according to the applicable procedures and in all currencies except the dollar."
Regarding the situation of the Iraqi banking sector, Al-Alaq said that it “is experiencing a state of stability, as government banks still control approximately 79% of the assets of the total banking sector, compared to 21% for private banks.”
Private sector
While observers believe that the development road project needs 5 years to complete, they pointed out that Iraq will end the unemployment problem and provide jobs for graduates and the unemployed alike.
They said: “The most important thing is for Iraq to move away from the rentier economy that has frozen other sectors despite the abundance of local production and the wheel of reconstruction turning in all of Iraq, which means that the government is taking the right step in diversifying sources of income.”
Economic expert Abdul Rahman Al-Shaikhli said: “Our economy will not see the light of day as long as its two components, “oil and monetary,” are held hostage by the US Treasury and the Federal Reserve Bank. He considered that in order not to jump over the reality, we must look at things as they are, without hanging them on any scapegoat of truth.”
Al-Sheikhly told the “Iraq Observer” agency: “In order to get rid of this dominance, we must work on diversifying the sources of funding for the budget, giving free rein to the “clean” private sector, and limiting economic activities “financial and monetary” to honest hands under strict supervision, especially Iraq’s revenues from customs, taxes and fees, and preventing their exploitation by the corrupt.”
The financial and economic expert explained: “All of this is possible and it is possible to reform our economic system naturally if we can get rid of foreign hegemony.”
Keeping up with developments
On the sidelines of the electronic payment conference in the middle of this month: “The Governor of the Central Bank, Ali Al-Alaq, confirmed that the number of applicants to establish digital banks “exceeded 70 banks,” noting that “digital banks are widely spread in the world and the volume of financial transactions in them is around 5 trillion dollars annually.”
Al-Alaq said: “Digital banks are widespread in the world, and their volume of funds ranges from 5 to 7 trillion annually.”
He added: “We conducted in-depth studies until we reached the point of setting rules for licensing these digital banks.”
He pointed out: “We were surprised by the number of applicants to digital banks, which reached 60 to 70 banks, and we are in the process of studying the applicants’ requests.”
He continued: “We are keeping up with developments and moving towards progress, and there is communication with many external and internal parties, and it is on two levels that depend on the banking sector and the capabilities of the Central Bank to keep up with development and contribute to developing various programs and applications,” stressing that “the Iraqi cadre is distinguished by its ability to adapt and develop.”
He pointed out that “the Central Bank has important contracts with specialized companies, and chooses international companies to develop and set up programs, in addition to international cooperation,” noting that “the Central Bank has effective relations with international and global banks, in addition to electronic payment companies, as well as its relationship with central banks, and it has continuous movement in cooperation with important banks.” link
IRAQ BOOTS ON THE GROUND REPORT BY FIREFLY
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Sudani back on TV talking about he has formed committee to align Iraqi banks with international standards.
FRANK: Why would you be aligned with International standards? You're a program rate.
FIREFLY:Alaq on TV now. He says even with the low oil prices we are stable and inflation in our county is low because we have strong reserves and we have non-oil revenues efficient enough now to also contribute...Then he talked again that the oil price drops have nothing to do with a high exchange rate...EXCERPTS FROM ECONOMY NEWS BAGHDAD ABOUT AL-ALAK TALKING ABOUT THE PROJECT OF DELETE ZEROS AS ANOTHER MONETARY REFORM THAT ARE STUDYING TO APPLY SOON, 22 SEPT
EXCERPTS FROM ECONOMY NEWS BAGHDAD ABOUT AL-ALAK TALKING ABOUT THE PROJECT OF DELETE ZEROS AS ANOTHER MONETARY REFORM THAT ARE STUDYING TO APPLY SOON
Economy News – Baghdad
The Central Bank of Iraq reduced its dependence on the US dollar in commercial transactions, according to the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alak, adding that the project to remove zeros in Iraq is under continuous review and study in the bank.
Countries delete zeros from the currency to re-evaluate the national currency and simplify financial transactions, and this occurs by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationable and more stable.
Al-Alak stressed, in an extensive interview with Al-Jazeera Net, and seen by “Economy News”, that the Central Bank responded to global economic challenges such as high prices of energy and raw materials, by amending some monetary policies in line with the international situation and to strengthen confidence in the Iraqi dinar and prevent a sharp decline in its value.
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Does the deletion of the dinar’s zeros destake the financial situation in Iraq?
The process of removing zeros from the currency means replacing a new currency with the old currency in order to simplify the calculation process among consumers, and it is often resorted to by countries that suffer from large inflation and have become unable to deal with paper currencies with a very low value.
Many believe that the process of deleting zeros is a process of economic and monetary reform and is resorted to in cases of high inflation and currency collapse, which alleviates the feeling of economic collapse (a process of monetary illusion). However, if this process is not supported by real economic factors and accompanied by radical reforms, it becomes a negative impact.
The project to remove zeros in Iraq is undergoing continuous review and study at the Central Bank of Iraq, taking into account the existence of the volume of an exported currency that exceeded 100 trillion dinars after it was 6 trillion in 2004, which followed the year that witnessed the exchange of currency, which was unwanted and poor in terms of quality.
In addition to the offer of wide cash approaching 179 trillion dinars, which requires specialized cadres, especially in the book accounts process, which government banks continue to suffer from due to the circumstances that the country has experienced.
Al-Alak: We are constantly reviewing the deletion of dinar zeros and no restrictions on our balances in America, 22 SEPT
Economy News – Baghdad
The Central Bank of Iraq reduced its dependence on the US dollar in commercial transactions, according to the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alak, adding that the project to remove zeros in Iraq is under continuous review and study in the bank.
Countries delete zeros from the currency to re-evaluate the national currency and simplify financial transactions, and this occurs by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationable and more stable.
Al-Alak stressed, in an extensive interview with Al-Jazeera Net, and seen by “Economy News”, that the Central Bank responded to global economic challenges such as high prices of energy and raw materials, by amending some monetary policies in line with the international situation and to strengthen confidence in the Iraqi dinar and prevent a sharp decline in its value.
He also stressed that the Iraqi Central Bank raised its holdings of foreign exchange and gold reserves to enhance the financial situation and financial stability of the country in order to enhance its ability to face potential economic crises, and these are the details of the dialogue:
What steps have you taken to address the crisis of the dollar’s rise against the Iraqi dinar and reduce the gap between the official price and the black market price?
The Central Bank of Iraq established new mechanisms to cover the accounts of local banks with their senders in other currencies (Chinese yuan, Indian rupee, euro and UAE dirham) in addition to the dollar, which reduced dependence on the US currency in the commercial transactions of customers of these banks, as the central bank sought to withdraw the excess liquidity in the economy that puts pressure on the exchange rate and maintain the export currency not growing unwanted.
What is the status of the country’s foreign reserves?
Foreign exchange reserves are the tool used by all central banks to maintain the stability of the local currency exchange rate against foreign currencies,as well as reducing exposure to external crises by maintaining foreign currency liquidity to absorb shocks in times of crisis.
The Central Bank of Iraq has a level of reserves that enable it to achieve this stability and provides it with sufficient flexibility to meet the demand for foreign currency to meet balance of payments requirements and other liabilities.
According to the latest data on the level of adequacy of foreign reserves, the foreign reserves of the Central Bank of Iraq cover 83.62% of the cash supply in its broad sense, covering the cost of import for 15 months, while the global standard rate is 20% covering 6 months of import.
However, the management of foreign reserves faces global and local challenges according to the economic nature of each country and the economic and geopolitical conditions it is going through.
What are the most prominent contributions of the Central Bank of Iraq to supporting the Iraqi economy?
The Central Bank responded to global economic challenges, such as the rise in energy and raw materials, by adjusting some monetary policies in line with the international situation and to strengthen confidence in the Iraqi dinar and prevent a sharp decline in its value, as the Central Bank raised interest rates to meet inflationary pressures resulting from changes in global prices and domestic demand, and issued new instructions to Iraqi banks to control cash liquidity.
The Central Bank of Iraq raised its holdings of foreign exchange and gold reserves to enhance the financial situation and financial stability of the country.
The Bank also launched programs and initiatives aimed at increasing financial inclusion, including promoting the spread of digital banks and online financial services, in addition to the contribution of the Central Bank of Iraq to sustainable development.
It also played an important role in financing economic and development projects through the provision of concessional loans and special financing programs aimed at supporting productive sectors while continuing to finance small and medium-sized enterprises.
Has the banking sector in Iraq been affected by the US sanctions imposed on some banks?
The sanctions imposed on banks are related to the decision to prevent dealing in dollars, as banks were not included in the list of sanctions issued by the Office of Foreign Assets Control, so the activities of banks continue, according to the applicable contexts and in all currencies except the dollar.
With regard to the situation of the Iraqi banking sector, it is in a state of stability. Government banks still hold approximately 79% of the assets of the total banking sector, compared to 21% for private banks.
Are there restrictions on the bank’s use of its balances in the United States?
There are no restrictions on our balances in the United States, taking into account the application of international standards to combat money laundering and the financing of terrorism in foreign transfers.
What are the reasons for the low use of bank cards in Iraq compared to neighboring countries? What are your steps to overcome this situation?
There are the main reasons behind the decline in the use of bank cards in Iraq, most notably the preference of many Iraqis for the use of cash in their daily transactions as a result of prevailing customs and traditions, as well as the limited spread of banking services, as a large percentage of the population, especially in rural areas, remains unconnected to banks.
Finally, the lack of financial awareness plays a big role in the hesitation towards the use of bank cards.
To meet these challenges, we are working to improve and expand the digital infrastructure. In this context, the Central Bank of Iraq has embarked on the establishment of a national electronic payment company to stimulate the banking and non-banking sectors and public institutions to develop this structure.
The Central Bank is working in cooperation with public and private institutions to organize awareness campaigns aimed at increasing public knowledge of the benefits of using bank cards and electronic payment methods to enhance confidence in the banking system.
Both the number of bank cards for 2023 increased to 19.75 million cards and the number of bank accounts to 13.3 million accounts.
The Bank focuses on improving security and increasing transparency, and has also established a platform to manage public complaints related to the financial sector, which helps develop strategies to address any problems facing financial institutions.
It is working to encourage financial innovation by supporting the development of services such as electronic wallets, banking applications and the opening of digital banks. He is also currently working to launch the national financial inclusion strategy, which includes solutions to most of these challenges, in addition to financial awareness programs targeting various segments of Iraqi society.
All this led to a rise in both the number of bank cards for 2023 to 19.75 million cards and the number of bank accounts to 13.3 million accounts.
Where is the digital banking project?
The Central Bank of Iraq issued licensing controls for digital banks in Iraq during May of this year, and it is in the process of studying the applications submitted in light of the requirements of digital banks, taking into account the risks and determinants related to digital banks, especially with regard to cyber security risks.
The main objective of licensing digital banks is to keep pace with developments in the banking environment, as well as to provide diversity in the provision of banking services in light of technological advances that contribute to enhancing financial inclusion by facilitating customers’ access to banking services.
In light of the International Monetary Fund’s statement that internal imbalances in Iraq have been exacerbated by the significant financial expansion and the decline in oil. How do you view his demands to correct financial conditions?
It is natural that the country’s dependence on the rentier supplier will bear the costs of external shocks that are out of control, represented by negative oil price shocks, and because the country needs to spend more than any stable country as a result of the circumstances it has gone through during decades of wars and destruction, which requires increased spending on infrastructure, which is the main pillar of the transition towards economic diversification.
All this has led to pressure on the public finance potential, especially in the aspect of revenues and thus resorting to borrowing, so we agree with the International Monetary Fund with regard to reforming public finances, and this positive effects support the independence of monetary policy in terms of achieving its main goal, which is to stabilize the general level of prices by controlling liquidity levels.
We agree with the International Monetary Fund on the reform of public finances, and the positive effects of this support the independence of monetary policy
Does the deletion of the dinar’s zeros destake the financial situation in Iraq?
The process of removing zeros from the currency means replacing a new currency with the old currency in order to simplify the calculation process among consumers, and it is often resorted to by countries that suffer from large inflation and have become unable to deal with paper currencies with a very low value.
Many believe that the process of deleting zeros is a process of economic and monetary reform and is resorted to in cases of high inflation and currency collapse, which alleviates the feeling of economic collapse (a process of monetary illusion). However, if this process is not supported by real economic factors and accompanied by radical reforms, it becomes a negative impact.
The project to remove zeros in Iraq is undergoing continuous review and study at the Central Bank of Iraq, taking into account the existence of the volume of an exported currency that exceeded 100 trillion dinars after it was 6 trillion in 2004, which followed the year that witnessed the exchange of currency, which was unwanted and poor in terms of quality.
In addition to the offer of wide cash approaching 179 trillion dinars, which requires specialized cadres, especially in the book accounts process, which government banks continue to suffer from due to the circumstances that the country has experienced.
How will Iraq’s payment of all its debts to the International Monetary Fund reflect on the economic situation of the country as a whole?
Iraq’s payment of all of its debts accumulated to the IMF over the years as a result of the Fund’s loan programs to address the economic challenges faced by Iraq in previous years, can have a positive long-term impact by strengthening credit and improving financial sustainability, as well as its repercussions on the country’s economic situation through:
Improving Iraq’s economic confidence and credit rating and obtaining better financing on future terms.
Enhancing the confidence of foreign and local investors in the ability of the Iraqi government to meet its financial obligations.
Achieving greater independence of Iraqi economic sovereignty, which makes the country less vulnerable to external pressures and interference in its economic policies.
Easing financial pressures and reducing financial burdens, which relieve pressure on the public budget.
Directing financial resources towards infrastructure and economic development projects and improving the ability to finance development projects.
Easing pressure on foreign reserves, which positively affects the stability of the currency and the country’s ability to cover its imports and maintain financial and economic stability.
Where are the procedures of the Central Bank of Iraq to localize the salaries of employees of the Kurdistan Region of Iraq?
We would like to indicate that this bank has taken the necessary measures to complete the process of localizing the salaries of the employees of the Kurdistan Region of Iraq in terms of providing the Federal Court with the list of banks licensed by this bank operating in the region, and providing the infrastructure and electronic payment systems that support the localization of salaries in the region, which clarifies the controls for opening a bank account and approving the electronic signature for the same purpose.
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Added 2024/09/21 – 6:34 PM
LATEST FROM MNT GOAT, 22 SEPT
Mnt Goat
Ali Al-Alaq is still the acting Director of the CBI just as we were told by my CBI contact the GOI never did accept his resignation. The goals are still the same as they want to eliminate this Black Market corruption with the dollar and set the rate first at par with the official CBI rate.
Then once this is in control, they intend to change the official rate and the rest is history as the saga of the currency swap out can then occur.
Mant Goat
Article Quote: “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy .”
I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process...the CBI and the Finance Committee...are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort...In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement.
...they are now telling us they can see light at the end of the proverbial tunnel. No, they do not directly tell us this but you can read into the articles and understand the tone...
https://dinarevaluation.blogspot.com/2024/09/latest-from-mnt-goat-22-sept.html
The First Of Its Kind.. The Iraq Development Fund Announces The Adoption Of New Governance, 22 SEPT
Economy | 09/21/2024 Mawazine News – Baghdad The Iraq Development Fund announced today, Saturday, the approval of a new governance, the first of its kind, and while explaining the details of the "rent from investor service", it set a date to start building 400 schools after completing their designs.
The Fund's Executive Director, Mohammed Al-Najjar, said: "The Board of Directors of the Iraq Development Fund holds regular meetings, and the last meeting was exceptional as it included the approval of what is called the new governance that has not been previously discussed in Iraq and the possibility of the fund working in line with other funds around the world," indicating that "governance is required as most projects are investment projects and governance in them will create a transparency issue in the entry and exit of funds."
He added that "the second axis discussed the activation of the Dubin Schools Project and the guarantees required from investors in schools to the government or the fund; with the aim of starting the project within a month."
Regarding purchasing services from investors, Al-Najjar stated that "the fund is on its way to activating the rent from investor service, as the school that is built is rented from the investor for ten years and then returns to the state," noting that "the basic idea of this work is that it will enable us to build 10 schools compared to one previously."
He stated, "We started purchasing the cost, which is divided over ten years, in the form of a lease, and this allows the construction of 10 schools at the same time instead of one," noting, "the importance of mobilizing capital from investors and the private sector to achieve profits through leases."
He explained, "This leads to the creation of a large movement of schools that are built at the same time and creates large job opportunities and demand for raw materials and makes the private sector an essential part with the government in implementing strategic projects," noting,
"When the fund was first established, the conversion of dilapidated mud schools and caravans was discussed to be implemented using this system, as their total number, according to available statistics, is 1,750 schools."
He stressed, "The fund will start with the first 400 schools within a month or less because the designs have been completed and the contracts with the consulting companies have been completed, and what remains is to choose the investors capable of implementing the first 400 schools according to international standards."
He stated, "These schools will be environmentally friendly and will be built in areas with little afforestation," noting, "No money will be granted until the school is received, after which the first lease will be granted."
He said, "If we succeed in this service, there are countries and organizations whose funding will be used."
Regarding the presidential palaces in Basra, he pointed out that, "The palaces are located in a very important location and will allow for the presence of structures that greatly serve tourism in Iraq, in addition to the fact that they generate very large resources." https://www.mawazin.net/Details.aspx?jimare=255211
JUDY NOTES, 22 SEPT
Judy Note: The following is in my opinion only:
- You will receive a higher exchange rate on your currencies if you call the 800# and obtain an appointment at a Redemption Center. You will obtain a lower rate on your exchange if you do it at a bank. Zim can only be redeemed at a Redemption Center.
- Wells Fargo is owned by the Chinese Elders and that’s why they are the ones sending out notices to set exchange/redemption appointments. They will be sending them out to anyone who has bought currency or Zim from a valid dealer. If you don’t get that email the same information will be available on various Dinar Websites, plus it will be contained in another of my Updates.
- At your exchange/redemption appointment you will set up your own bank account on the new Global Financial System. You will have access to that money by way of special debit cards, quantum phones and computers which they will give to you at your appointment.
- As far as notices go, no one knows the exact timing of when we obtain appointments to exchange because they are not going to let it out. I strongly feel that if we don’t receive appointments by Mon. 23 Sept., we will have them at the latest a week later by Tues. 1 Oct.
EXCERPTS FROM MARKZ: ABOUT THE ZIM BOND ESCHANGE FUNDS, 22 SEPT
MZ: Let's talk about Zim first. Many people are still wondering if it will be worth it or not. What are the expectations and what do I understand about it?.
MZ: Know that ZIG, the gold-backed Zimbabwe currency, is very different from the Zimbabwean farm cheques and banknotes that most of us have.
MZ: I understand that Zimbabwe's bond exchange funds are from humanitarian funds. Since it's taken so long, these funds have been generating interest.. and they're like a modern day prosperity package.
MZ: This does not mean that all the exchange funds have to be allocated to humanitarian projects.
Iraqi PM Al-Sudani arrives in New York, 22 SEPT
Shafaq News/ On Saturday, Iraqi Prime Minister Mohammed Shia Al-Sudani arrived in New York to participate in the 79th session of the United Nations General Assembly (UNGA) meetings.
Leading an official delegation to New York, Al-Sudani will deliver Iraq's statement before the General Assembly and another statement at the Summit of the Future 2024, where many world leaders and presidents will participate to discuss strengthening cooperation, addressing challenges, and reaffirming commitments.
According to its media office, the PM will hold “a series of meetings and discussions with several leaders and presidents of friendly and brotherly countries, as well as heads of participating delegations.” Additionally, he will meet with the UN Secretary-General and other officials from international organizations and UN bodies
EXCERPTS FROM MARKZ: ABOUT THE RV, 22 SEPT
MZ: I know some people from the rescue center who are on duty today.. There are many rumors that Monday morning we will wake up and see it (RV)... Idk but the rumors are deafening.
MZ: I have yet to see a couple of key people move to the western US headquarters.UU. They haven't been called there yet. Is this something last minute?
MZ: There is a lot of activity and news about Iraq is excellent. Many meetings are being held between now and the 25th.
MZ: I strongly believe that the month of September is still very much at stake.
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...