Saturday, March 9, 2024
"RV UPDATE" BY PIMPY, 9 MARCH
Pimpy
People are pissed at me because I'm telling them of the possibility they should at least be aware of...What I'm talking to people about are the possibilities in the directions the IQD can go. I'm not saying it's one way or the other. I'm just saying these are the possibilities...
These are just possibilities, we don't know. We can wake up tomorrow and the exchange rate is now $3.22...they have not...redenominated [A.K.A. LOPPED IT]. Then everybody is happy...
If you want to see an increase in the value of the Iraq dinar then there are things that need to happen in Iraq in order for the dinar to increase in value. One of them is they have to have a stable and robust economy. Then there are things Iraq need to do that continues to support, stabilize and strengthen the Iraqi dinar. One of those big steps is joining the World Trade Organization...
"IMPORTANT IRAQ NEWS:" Sudanese opens an iron factory in Basra" BY CLARE, 9 MARCH
CLARE
Sudanese opens an iron factory in Basra
3/9/2024
Baghdad
Today, Saturday, Prime Minister Muhammad Shiaa Al-Sudani opened an iron and steel factory in Basra Governorate.
Al-Sudani’s office said in a statement received by Mawazine News, “Prime Minister Muhammad Shia’ al-Sudani opened in Basra the rolling mill, one of the factories of the General Iron and Steel Company, with a production capacity of (500) thousand tons annually of different types of iron.”
He pointed out that "the factory has been closed since 2003."
Prime Minister Muhammad Shiaa Al-Sudani arrived this Saturday morning in Basra Governorate to inaugurate and follow up on a number of projects in the governorate.
LINK
"RV UPDATE" BY MNT GOAT, 9 MARCH
Mnt Goat
Article: "INCLUDING IRAQ… 5 ARAB COUNTRIES POSSESS MORE THAN A THOUSAND TONS OF GOLD
RESERVES" Quote: "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves..." Yet the IQD is still 1/6 of a penny?What Is The Importance Of Financial Automation For Iraqi Customs? An Expert Explains In Detail, 9 MARCH
What Is The Importance Of Financial Automation For Iraqi Customs? An Expert Explains In Detail
Time: 03/08/2024 14:06:18 Read: 1,586 times {Economic: Al-Furat News} The Iraqi economic affairs researcher, Ali Karim Dhahib, explained the importance of the Ministry of Finance adopting the automation system in customs.
Dhaheeb told {Al-Furat News} agency, “Information technology contributes effectively to simplifying and facilitating customs procedures, in addition to its major role in the accuracy of work, reducing costs and time spent on completing tasks, high transparency in customs work, and the quality of reports prepared for senior departments that help them in taking decisions.” Appropriate decisions and building an important database.”
He stated that "the increase in the volume of trade in Iraq was greatly and clearly reflected in the futility of paperwork for customs procedures, as it creates a state of bureaucracy and personal diligence, and the spread of financial corruption."
Karim explained, "The decision of the Iraqi Ministry of Finance to work with the ASYCUDA system will provide the General Authority of Customs with adopting the latest technologies and electronic applications applied in many countries of the world, and also implements the recommendations of international organizations concerned with foreign trade and professional organizations specialized in customs work."
He pointed out that "Jordanian Customs, in cooperation with WebFuntain Company, launched its new website linked to the ASYCUDA system services on the Internet, with the aim of providing customs facilities and procedures and simplifying them for the recipients of the service, including citizens, merchants, manufacturers, and clearance companies."
He explained that "the application of everything new and advanced through the use of modern technology in work meets all the needs of partners from the private and public sectors to access distinguished electronic customs services for all those dealing with them and provide all information and computerized automated systems.
The ASYCUDA system also contributes to development projects with the aim of facilitating and simplifying procedures." “In order to reduce the effort and burden on the service recipients and reduce the time required to complete customs transactions.”
He stressed that "activating the ASYCUDA system allows all those dealing with the department, including citizens, industrialists, merchants, and brokers, to benefit and search through the ASYCUDA system service for all information related to customs work, including customs tariff items, value, and currency calculations.
In addition, the new system is characterized by the introduction of search technology using artificial intelligence to search." About tariff items and trade descriptions according to the latest contemporary technology on the website. LINK
"RV UPDATE" BY SANDY INGRAM, 9 MARCH
Sandy Ingram
On Monday of this week the president of Iraq Adbul Latif Jamal Rashid, met with the special representative of the Secretary General of the United Nations in Iraq, Jeanine Hennis-Plasschaert.
In that meeting the President of Iraq...stated Iraq is keen to work with international organizations to confront challenges in the field of environment, climate, health, and education in a way that ensures a decent living for Iraqis. It is our hope as investors that a 'decent living' means an increase in the value of the currency.
In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country.
All Iraq has to do is implement safety for tourists. Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...
Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith. There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon.
https://dinarevaluation.blogspot.com/2024/03/rv-update-by-sandy-ingram-7-march.html
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