DINAR REVALUATION: 11/07/24

Thursday, November 7, 2024

DINAR REVALUATION REPORT: Redemption Centers in Iraq to Collect Three Zeros Bill Notes 2024, 8 NOV

Redemption Centers in Iraq to Collect Three Zeros Bill Notes 2024

The Central Bank of Iraq has announced plans to re-denominate the Iraqi Dinar by removing three zeroes from the currency. This strategic move aims to reduce transaction costs and make it easier for people to carry and use money. The re-denomination project, which has been in the works for several years, is close to completion and is expected to be passed to the ministerial council and Parliament for final approval. 1

Purpose and Benefits

The primary purpose of the re-denomination is to simplify financial transactions and improve the overall efficiency of the monetary system. By removing three zeroes, the Central Bank aims to: Reduce Transaction Costs: Making transactions more manageable and cost-effective. Ease of Use: People will find it easier to carry and use smaller denominations. Stabilize the Economy: The bank has already managed to reduce inflation rates from 34% to 3-4% and stabilize the exchange rate of the Iraqi Dinar over the past few years. 1

Redemption Centers

To facilitate the transition, the Central Bank will establish redemption centersacross Iraq. These centers will allow individuals and businesses to exchange their old three-zeros bill notes for the new denominations. The exact locations and operational details of these centers will be announced closer to the implementation date.

Impact on the Economy

Economists believe that the re-denomination will not significantly affect the purchasing power of the Iraqi Dinar. However, it is expected to bring several long-term benefits, such as: Enhanced Financial Stability: By reducing the money supply, the move can help maintain low inflation rates. Improved Payment Systems: The Central Bank is also moving towards an electronic payment system, which includes six banks and electronic deeds exchange. This will further modernize the financial infrastructure. 1

Timeline and Implementation

While the exact timeline for the re-denomination has not been officially announced, the project is in its final stages. The Central Bank is expected to provide more detailed information and guidelines soon. The transition will likely be gradual to ensure a smooth and orderly process.

Conclusion

The re-denomination of the Iraqi Dinar by removing three zeroes is a significant step towards modernizing Iraq's financial system. By establishing redemption centers and implementing electronic payment systems, the Central Bank aims to improve the efficiency and stability of the economy. This move is part of a broader strategy to enhance the purchasing power and international standing of the Iraqi Dinar.

TIDBIT FROM PIMPY, 8 NOV

Pimpy

The dinar is not going to happen today or the next week as far as I know but this is a pretty big step [the restrictions removed from foreign currency exchange] for them because this allows a lot of liquidity which is necessary inside of Iraq.

Liquidity has always been an issue for Iraq. This will change that.

That means more businesses/people doing exchanges with the currencies. A lot of liquidity in Iraq is what they need.

RV, Zim Bonds BY JULIAN ASSANGE: ' RATES ARE EXTREMELY HIGH" @DINARREVAL...

DINAR REVALUATION REPORT: Five Economic Pillars of Iraq in 2024, 8 NOV

Five Economic Pillars of Iraq in 2024

Iraq, a country rich in natural resources but long affected by conflict and political instability, has been making strides to stabilize and diversify its economy. As of November 7, 2024, the five key economic pillars that define Iraq's status are:

Oil and Gas

Dominant Economic Sector

Oil remains the backbone of Iraq's economy, accounting for over 99% of exports, 85% of the government’s budget, and 42% of gross domestic product (GDP). 6 The sector's dominance exposes the country to macroeconomic volatility, but it also provides a significant revenue stream that has been crucial for recovery efforts.

Recent Developments

In 2021, government revenues surged by 73% year-over-year, driven by higher oil prices averaging $68.3/barrel. 6 These gains have helped turn the overall fiscal balance to a surplus of 5.3% of GDP in 2021, providing a buffer for economic stabilization and development initiatives.

Non-Oil Economy

Diversification Efforts

Despite the dominance of oil, Iraq has been making efforts to diversify its economy. The non-oil sector grew by over 6% in the first nine months of 2021, driven by the services sector as COVID-19 restrictions eased. 6 This growth highlights the potential for non-oil sectors to contribute to economic stability and job creation.

Challenges

However, attempts to diversify the economy and modernize the financial and banking sectors are hampered by political dynamics and corruption. 5 The private sector and foreign direct investment (FDI) remain underdeveloped, and the country struggles to enhance its export capacity, particularly in agriculture.

Labor Market and Social Protection

New National Strategy

Iraq has launched a new national strategy to reduce inequalities in the world of work, emphasizing inclusivity, equal opportunity, and social protection. 3 This strategy aims to create a more equitable and prosperous future by addressing issues such as unemployment, particularly among displaced populations, women, and informal workers.

Unemployment

As of January 2021, Iraq's unemployment rate was more than 10 percentage points higher than its pre-COVID-19 level of 12.7%. 6 The strategy seeks to reduce these high unemployment rates by fostering a more inclusive and equitable labor market.

Humanitarian and Development Needs

Protracted Needs

Iraq still faces significant humanitarian and development needs, including a complex political environment and a volatile security situation. 2 The country hosts over 300,000 refugees and asylum-seekers, primarily from Syria, and has an internally displaced population (IDPs) of 1.14 million. These populations face barriers to return and integration, including insecurity, lack of livelihood opportunities, and damaged housing.

Crisis Response

The Iraq Crisis Response Plan 2024 aims to support the government in developing inclusive strategies for recovery, peacebuilding, and stabilization. 6 The plan targets 670,000 people and requires $144.7 million in funding, highlighting the ongoing need for international support and collaboration.

Digital Media and Community Resilience

Digital Engagement

The Iraq Community Resilience Initiative (ICRI), funded by USAID, aims to support inclusive and stable communities through digital media. 1 With over 31 million digital media users in Iraq, there is a significant opportunity to bring communities together, encourage collaboration, and share positive narratives.

Grassroots Initiatives

Despite the challenges, grassroots initiatives and media activists have emerged, working to tell positive stories and counteract disinformation. 1 ICRI has awarded grants to local media activists and organizations, enabling the establishment and sustainability of credible social media channels.

TIDBIT FROM MARKZ, 8 NOV

MarkZ

[via PDK]

Article: “Sudani congratulates Trump and vice President on winning the White House race” Sudani believes it will bring stability to the middle east.

“The election of the new speaker of Parliament will contribute to the legislation of important and obstructed laws” I have a few folks in Iraq that are convinced that sitting the new speaker was important and now I know why. They specifically name the HydroCarbon Law in this article…The HCL!!! There was a lot of meat to go with those potatoes.

MIKE BARA: "WE'VE GOT THE GREEN LIGHT" @DINARREVALUATION

Rafidain Bank: Implementing the comprehensive banking system in 48 branches, 8 NOV

Rafidain Bank: Implementing the comprehensive banking system in 48 branches

11/7/2024

Baghdad / Rafidain Bank announced the operation of 48 branches, so far, within its comprehensive banking system.

The bank stated in a statement: "The comprehensive banking system is a qualitative leap in the bank's path, as it supports digital transformation and enhances the bank's ability to efficiently meet the needs of wide segments of customers." He stressed

: "This continuous expansion will include more branches in the future, as part of a well-thought-out plan aimed at providing a modern banking experience that contributes to supporting the national economy and meeting the needs of society with distinguished and comprehensive banking services." LINK

TIDBIT FROM FRANK26, 8 NOV

Frank26

Salaries need a new exchange rate...The same thing with the HCL.

Do you see the HCL?

No. Give me a new exchange rate. It's that simple.

Do you see the salaries?

No, still nothing. Give me a new exchange rate. It's that simple.

Do you see the lower notes they keep talking about?

No. Give me a new exchange rate...By the way they are giving them a

new exchange rate IMO..

MELANIA HINDS: Global Trade Boost: Iraq and Azerbaijan Unite!

A meeting of the State Administration discusses the latest statement of the religious authority and stresses the necessity of keeping Iraq away from the atmosphere of war, 7 NOV

A meeting of the State Administration discusses the latest statement of the religious authority and stresses the necessity of keeping Iraq away from the atmosphere of war

Baghdad-Mil

The State Administration Coalition confirmed its commitment to the principles stressed by the religious authority in its latest statement, emphasizing the necessity of keeping Iraq away from the atmosphere of war in the region, and announced its support for amending one of the articles of the federal general budget.

A statement by the coalition stated that “the State Administration Coalition held its regular meeting today, Wednesday, in the presence of Prime Minister Mohammed Shia al-Sudani and Speaker of the House of Representatives Mahmoud al-Mashhadani. The meeting discussed the most important issues and developments in Iraq and the region, and the next stage was addressed, as well as the integration between the executive and legislative authorities, in a way that achieves the interest of the people, and the emphasis on resolving the basic laws that contribute to codifying executive procedures, in addition to discussing the expected ministerial amendment.”

He added that “the attendees welcomed the resolution of the issue of the presidency of the House of Representatives, as it is a constitutional entitlement that enhances joint national action,” noting that “the Prime Minister reviewed the progress made in implementing the government program, in light of the passage of two years of the government, which was able to accomplish important national files that fall within the priorities and targets of its executive program.”

He pointed out that “the meeting stressed the importance of extending the second legislative term of the House of Representatives, given the circumstances of the stage and the challenges that Iraq is going through, as well as stressing support for the step of amending one of the articles of the federal general budget related to oil,” indicating that “the meeting witnessed an emphasis on commitment to the principles stressed by the supreme religious authority in its recent statement, which contribute to building a state of institutions and paving the way to achieving a better future for the country.”

The statement continued, “The attendees stressed Iraq’s principled position in standing with the Palestinian and Lebanese peoples against the sinful Zionist aggression, and condemning the crimes of genocide committed by the occupying entity against defenseless citizens,” adding: “The rumors about using Iraqi territory as a starting point for carrying out attacks were also refuted, considering them flimsy justifications to justify the aggression on Iraq’s land and sovereignty. The joint work and the presentation of the country’s supreme interest were also emphasized, and keeping Iraq’s territory away from the atmosphere of war, which the occupying entity seeks to expand and drag the region into with the aim of destabilizing security and stability.”

https://miliq.news/political/38279–.html

"WE'VE GOT THE GREEN LIGHT" BY MIKE BARA, 7 NOV

MIKE BARA

The Bondholder: “Now that the election is over, we’ve got the green light 🚦

Fri. 1 Nov. 2024 Mike Bara

OK, so just when I was ready to give up on this thing happening before the e******n, I get this: “The US e******n will not change the timing. All countries and banks have signed the necessary treaties and are ready.

Dinar will lead the way on Sunday/Monday. Bonds/GCR on Tuesday.”

I guess they decided the chaos of the US e******n is actually the perfect cover. We will see, but hang in there!

https://dinarevaluation.blogspot.com/2024/11/dinar-will-lead-way-sundaymonday-by.html

TEXAS SNAKE: "An announcement will be made shortly after Tues. results" @DINARREVALUATION

French President Hopes To Organize The Third Baghdad Conference As Soon As Possible, 7 nov

French President Hopes To Organize The Third Baghdad Conference As Soon As Possible

Shafaq News / French President Emmanuel Macron expressed his hope to work with Iraq to organize the third Baghdad conference as soon as possible.

This came in a letter sent by Macron to his Iraqi counterpart Abdul Latif Gamal Rashid on the occasion of the country’s National Day, as announced by the Presidency of the Iraqi Republic in a statement on Thursday.

In the letter, Macron stressed his determination to “stay by Iraq’s side by supporting its security, stability and sovereignty.”

“During my visit, Mr. President confirmed the pivotal role played by Iraq in the region, so we share the same concern regarding the expansion of the circle of conflict in Gaza, which has spread to Lebanon and threatens the security of the Middle East,” he added.

“I hope that Iraq will continue to prevail the language of the regional dialogue, in this context I hope that we can work together to organize the third Baghdad conference as soon as possible.”

The office of Iraqi Prime Minister Mohammed Shia Al-Sudani and French President Emmanuel Macron announced in August 2023 that the third edition of the Baghdad Conference on Regional Stability – co-organized by Paris – will be held in late November in the Iraqi capital.

https://www.shafaq.com/ar/سیاسة/الر-يس-الفرنسي-ي-مل-تنظيم-م-تمر-بغداد-الثالث-في-قرب-وقت

TIDBIT FROM MNT GOAT, 7 NOV

Mnt Goat

...when you go to the bank to exchange the US Treasury is going to fund the initial exchange for the bank. It is all electronic...The US Treasury will own then own dinar. These banks will then turn a profit with the US Treasury for being the broker in the exchange.

It will benefit them to collect as much of the 3 zero notes as possible...

The US Treasury will keep a certain amount of the three zero notes for inter-banking and global trade with Iraq... Iraq has already guaranteed oil credits at so much a barrel...

The US Treasury fully intends to also sell these oil credits at a profit margin to other countries needing the Iraq oil.

I have asked my CBI contact multiple times on the fixed credit rate and I got varied amounts from $30 – 35 a barrel. So, it is not like Iraq has to shell out trillions back to the US to cover the cost of the funds for the exchanges. ..

https://dinarevaluation.blogspot.com/2024/11/tidbit-from-mnt-goat-6-nov.html

Mnt Goat

Article: "AL-ALAQ: THE VOLUME OF CURRENCY IN CIRCULATION EXCEEDS 100 TRILLION DINARS"

Quote: “Today, we have more than 100 trillion dinars in circulation (issued currency), not all of the money supply, and reserves of more than 100 billion dollars, which means that the Central Bank has achieved an important basis for monetary stability,”

explaining that “inflation is the basic measure of the Central Bank’s ability to perform its mission and basic function. It is less than 3.8%, which is considered a typical percentage that actually achieves stability and prosperity.”

https://dinarevaluation.blogspot.com/2024/11/tidbit-from-mnt-goat-4-nov.html

MIKE BARA: "WE'VE GOT THE GREEN LIGHT" @DINARREVALUATION

Iraqi parliament extends its legislative term to the ninth of next month, 7 NOV

Iraqi parliament extends its legislative term to the ninth of next month

Shafaq News / The presidency of the Iraqi Council of Representatives decided on Thursday to extend the legislative term for 30 days starting from 9/11 of this month.

This comes after Mohammed Al-Khafaji, a member of the Parliamentary Legal Committee, revealed to Shafaq News that the current legislative term of the House of Representatives ends on the 9th of this month, and that its extension for another month is subject to Article 58 of the Iraqi Constitution.

He added that according to this article, the legislative term can be extended at the request of the President of the Republic, the Prime Minister, the Speaker of the House of Representatives, or 50 deputies, provided that the extension is approved by the vote of the majority of the members of the Council.

Al-Khafaji explained that the extension comes to regulate the work of parliament and approve the pending laws, as the past period witnessed repeated postponements in the sessions of the Council and the incompleteness of the agenda.

He pointed out that the extension will provide an additional opportunity for the government to send the draft budget law for 2025, which is supposed to be sent before the end of this year. He stressed the importance of the government taking advantage of this time to avoid the delay in the budget this year.

https://www.shafaq.com/ar/سیاسة/البرلمان-العراقي-يمدد-فصله-التشريعي-لى-التاسع-من-الشهر-المقبل

Coffee with MarkZ. 11/07/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

MZ: We do not have Militiaman this morning….but he hopes to join tomorrow or Saturday for a brief update.

Member: Good Morning and what a week…..I feel very confident and hopeful the RV is about to be released…….

Member: I feel Nesara is just around the corner.

Member: This week went fast. M,T,W felt like one entire day with a few naps in between!

Member: Any good news overnight Mark????

Member: Does anyone else feel like something big is coming?

MZ: Great question. There is no bad news. We still seem to be in the RV news doldrums….Which I think is fantastic……because of “who” is quiet.

Member: I would love to hear more about who is quiet and why that excites you!!

MZ: I still go straight to voicemail….With it being 2 days after the election I am hoping they are busy getting it done. I see the light at the end of the tunnel now.

MZ: The news out of Iraq has been overwhelming positive.

MZ: We know auctions for US dollars are due to stop this year. They have been very clear on that. From both the Governor of the Central Bank and Al-Sudani. The auctions right now are taking trillions of dinar out of circulation ….which increases the purchasing power of their currency…..It is a clear preparation for a change in value.

Member: Iraq's goal is to go cashless by January

Member: Do you still think RV by the 9th? Iraq Parliament is meant to go on recess then???!!

Member: Iraq's Parliament is calling for extending their session until Dec 10 to catch up on pending laws

Member: And Dec. 10th is Victory Day in Iraq where Sudani said the monetary reform would be done by.

MZ: “ Prime Minister: We are facing a new Iraq and the Road to development will be an artery linking most countries” He is also mentioning the ports like the new Grand Faw port project which will be a mega port. It’s now open and functioning. This is important guys. Iraq will become an artery between Asia and Europe.

MZ: “ Al-Rafadain announces the application of the electronic system in 48 branches in Baghdad and the provinces” I am certain we will hear more about this from MilitiaMan and crew.

MZ: “Analysis: The Iraq file has deteriorated in Washington recently, but small officials have intervened” in other words the US has eft a void. Iraq is hoping for a more measured and supportive role from the next administration. Also the support to remove US forces and let Iraq be sovereign.

MZ: Bond side is still quiet like I mentioned earlier.

Member: Are they under NDAs and gone quiet. Intel is out that Tiers have been paid Tier 4 is next

Member: Let's say they pulled the trigger on bonds now …I wonder what's the time frame for us to go?...

MZ: When they pull the bond trigger…..I hear 3 days or so.

Member: I'm thinking the RV hasn't gone yet because the dollar hasn't crashed yet. I thought that those two things would be simultaneous

Member: Hope we don’t have to long to wait for the Gold backed USN’s

Member: Still hearing the QFS is ready to go and running side by side with the swift system….

Member: Mark... My contact in Zimbabwe has confirmed that the Diamond Mines Values are FAR more Valuable than reported. GREAT News!!!

Member: Fed Meeting Today: Rate Cut, Powell Speech

Member: January 1, 2025 new Foreign Currency Standards Go Live for ALL CURRENCIES.

Member: Citibank has a new branch that will work in foreign currency They have 194 different kind of currency

Member: Hey mark- do we have to pay transaction fees at redemption centers?

Member: does you gut think we will RV before or by Thanksgiving

Member: We need this to be a holiday season to remember.

Member: Learning a LOT of patience waiting for this RV!

Member: Now let's get this party started!!! RV!!!

Member: anyone else excited about handling millionaire problems, for a change? I'm tired of broke problems

Member: I am Feeling like this will be a beautiful 3 day weekend

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FIREFLY: " the dinar would return to the 'glory days' of the past." @DINARREVALUATION

Parliamentary Legal Committee To Nina: Our Priorities Are To Amend These Two Laws.. And This Is The Package Of Legislation In The Hands Of Parliament, 7 NOV

Parliamentary Legal Committee To Nina: Our Priorities Are To Amend These Two Laws.. And This Is The Package Of Legislation In The Hands Of Parliament

Wednesday 06 November 2024 | Politics Number of readings: 183 Baghdad / NINA / The Parliamentary Legal Committee revealed the package of legislations entrusted to the Council of Representatives and supposed to be passed during the current legislative session.

Committee member MP Omid Mohammed said in a statement to the National Iraqi News Agency ( NINA ): "There are more than 153 draft laws and proposed laws, accumulated by the parliamentary committees since the beginning of the current legislative session."

He added: "In the previous legislative session, we reached an agreement between the heads of the blocs and committees to pass the package of non-controversial laws during the current legislative session.

The Legal Committee also addressed the blocs and other committees to submit any legislation related to the Legal Committee for discussion in the sessions of the Council of Representatives."

He explained: "The Legal Committee has prepared a list of many non-controversial laws that are being discussed to submit them to the Presidency of Parliament, in order to present them for a vote.

There is also a package of other controversial laws that we are trying as much as possible to maintain balance in their legislation," indicating: "The draft amendments to the Anti-Narcotics and General Amnesty Laws are at the top of the priorities of the Parliamentary Legal Committee." / End 5

https://ninanews.com/Website/News/Details?Key=1166683

Evening News with MarkZ. 11/06/2024

Wednesday Evening Chat With MarkZ

MarkZ Update- Some highlights by PDK-Not verbatim

Member: Good Evening…. I hope we have good news tonight

Member: I hope everyone has had a fine day?

Member: YeeHaaa I'm praying for a weekend release.

Member: This is a 3 day weekend for Veterans day.

MZ: There is a lot of anticipation for this weekend.

Member: Mark ???? So now what happens ??? RV ???

MZ: Bonds, bankers, groups were dead silent today…..I go straight to voicemail on many of them. I don’t’ know if that means they moved forward…(hope it does) or maybe they were up till 4:30-5:00 Am waiting for the event. So IMO they are regrouping or things starting ripping in the wee hours this morning. The whole world is pivoting and adjusting right now.

MZ: “2025-Strong National Economy and solid banks” They are telling you what they have done and how prepared they are for the future. How solid and secure they are. Flashback to Dr. Shabibi saying “You give me a stable and safe Iraq and I will give you a higher value” We are watching his plan play out.

MZ: “Central Bank Governor stresses the need for cooperation to facilitate trade with Azerbaijan” Why is this important? International trade. And what do they need for international trade? An internationally accepted currency

MZ: “Sudani congratulates Trump and vice President on winning the White House race” Sudani believes it will bring stability to the middle east.

MZ: “Trump wins with the dollar at a new high-the beginning of a new era?” This is coming out of Iraqi news. They are concerned they need to move forward quickly because the dollar gained an enormous amount of strength. Higher than it’s been in a year.

Member: I would love to see Iraq do something quickly.

Member: Bottom line- the Dinar to the dollar is 1310 or .00076. No way can they build their country back at that rate. They would go broke. They have to revalue their currency.

Member: Mark does the dinar have to be on the FOREX before we go?

MZ: They go on the forex at the same time we go. That’s how I was told.

Member: I heard the HCL was in the Gazette today

MZ: I did not see it in the Gazette today. I would imagine it would be on the front page. Do I expect it at any moment? I do.

Mark, do you think the outcome of the election makes a RV more likely to occur soon, or perhaps sometime after the inauguration?

Member: Monday November 11th is Veterans Day

Member: Really hope we RV by Thanksgiving.

MZ: MilitiaMan is planning on joining us tomorrow morning with a new update . Unless something comes up.

Member: Your watching amazing progress happening...more than ever...Biblical, Historical WIN!!!...Our Worldwide RAINBOW is AHEAD

Member: Thanks to all….sleep well and maybe tomorrow is our big day.

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Bank VP Invests in Dinar & Dong! | MarkZ Chat Story @DINARREVALUATION

The Iraqi Council of Ministers approves a set of service, economic and urban decisions, 7 NOV

The Iraqi Council of Ministers approves a set of service, economic and urban decisions

The Council of Ministers, headed by Mohammed Shia Al-Sudani, issued today, Tuesday, during the forty-fifth regular session, a number of important decisions that fall within the government's efforts to improve services and strengthen the economy and infrastructure in Iraq.

The Prime Minister's media office said in a statement received by "Mawazine News", that "Al-Sudani chaired the session, where the latest developments in the country were discussed and vital files that concern the priorities of the government program were discussed, in addition to considering the topics on the agenda and taking the necessary decisions regarding them."

Decisions on the population census

As part of the council's follow-up to the preparations for conducting the population census scheduled for November 20, the council approved a number of measures, the most important of which are:

1. Emphasizing commitment to Federal Court Decision No. (73/Federal/2010) regarding the general population census.
2. Conducting the census in the disputed areas by a joint team from the three nationalities (Arab, Kurdish, Turkmen) with the addition of a Christian individual in areas with a Christian majority.
3. Cooperation between the Statistics Authority and the Kurdistan Regional Statistics Authority with the Federal Ministry of Interior to compare the data of the ministries with the census results.
4. Allocating the general census results to the Federal Planning Council and the Ministry of Planning in the Kurdistan Region.
5. Commitment to organizing statistical tables on the numbers of deportees, arrivals and displaced persons.
6. Sending a technical team from the Kurdistan Regional Statistics Authority to the census operations room.
7. Immediately start training enumerators in preparation for the census.

Amending the Triennial Budget Law

The Council also approved a proposal to amend Article (12/Second/C) of the Triennial Budget Law No. (13 of 2023) to include several points related to compensating the Kurdistan Regional Government for the costs of oil production and transportation, as the costs of production and transportation will be calculated by an international technical advisory body.

Developing the work of civil defense

In the framework of developing the work of civil defense, the Council approved allocating an amount of 25 billion dinars to the Ministry of Interior to establish 100 civil defense detachments in Baghdad and the governorates, and approved a direct contract with the Chinese company SANY to purchase 18 fire engines.

Supporting the educational and health sectors

In the field of supporting education, the Council of Ministers approved increasing the acceptance rate of top students from institute graduates from 10% to 20% for admission to universities. It also approved the establishment of institutes for higher health professions in several governorates.

Supporting the national industry

The Council approved providing a sovereign guarantee to establish a glass manufacturing plant in cooperation with lending banks, and also approved the inclusion of plastic granules in the customs fees decision.

Administrative reform and appointing officials

Within the framework of administrative reform, the Council approved the appointment of four general managers based on performance evaluation criteria. The Council also chose Islam Hassan Al-Saadi as the sixth member of the Board of Trustees of the Iraqi Media Network.

Completing stalled projects

in the field of infrastructure, the Council approved the establishment of a component for equipping medical devices and supplies within the emergency hospital project in Rania and increasing the cost of projects to demolish irregular buildings and build alternative schools.

Other decisions

The Council approved the draft law amending the fifth amendment to the Civil Aviation Law, amending the price of gas oil for the National Paralympic Committee’s wheels, and concluding lease contracts with the Independent High Electoral Commission.

These decisions are an important step towards enhancing public services and supporting the economy and infrastructure, and confirm the government’s commitment to achieving sustainable development in the country. link