DINAR REVALUATION

Monday, July 15, 2024

SANDY INGRAM: The CBI is Making Some Changes #iraq #cbi #iraqidinar

Federation Of Iraqi Industries: The Government Has Focused All Its Attention On The Private Sector

Money and business Economy News – Baghdad The Iraqi Industries Federation confirmed, on Sunday, that the government has focused all its attention on the private sector, which has provided significant support that has given it strength in the market and the ability to contribute to supporting government projects.

The head of the union, Adel Aqab, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "the union works in cooperation with the government, the private sector and the International Labor Organization and implements programs that benefit the private sector, which is clearly supported by the government," noting that "the government has focused its attention on this sector, which has given it clear strength in the market and a greater ability to support government projects."

Regarding the government's interest in infrastructure before paving operations, Aqab explained that "any paving operation without infrastructure is a waste of public money, as these stages are temporary and immediate, so paving operations must precede infrastructure projects, which is what the government is currently working on and is supported by the Federation of Industries and the private sector in providing the necessary materials for the work."

Views 43 2024/07/14 - https://economy-news.net/content.php?id=45226

RV UPDATE BY MILITIAMAN, 15 JULY

Militia Man

They haven't started oil pumping and you have to ask yourself, why? Because they need revaluation for that and I think that's what we're waiting for. Is that some sort of delay? I don't think so. I think the inner connectivity of the most complex revaluation situation in the history of mankind...is complex.

Militia Man

I think when they say, " Whose operations are constantly expanding in favor of dealing at the fixed official exchange rate", is an argument suggesting that instead of being a floating currency...they're leaning towards a fixed official exchange rate for some time...

Iraq has been and is seeking to join the World Trade Organization...Iraq is promoting self-sufficiency. Why? Because they have all kinds of assets. They have inputs and outputs. They have so many natural resources that they're going to be able to make things, to be able to have excess...There's a working party on accession of Iraq [into the WTO] on the 18th of July. That's important.

https://dinarevaluation.blogspot.com/2024/07/latest-from-militiaman-10-july_0131313577.html

PIMPY: Iraqi Dinar update for 07/14/24 - Iraqi dinar is stable

Foreign Minister: US Treasury Positively Assessed Central Bank's Efforts

Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein confirmed that the US Treasury Department positively evaluated the efforts of the Central Bank.

Hussein said in a press conference held in the US capital Washington that "our visit to Washington was to attend the NATO summit at the invitation of the US side, and on the sidelines of the summit we held intensive meetings with leaders of several countries, and we held a meeting with the US Treasury Department to discuss issues related to monetary policy and banking signs."

He added that "the US Treasury Department positively evaluated the efforts of the Central Bank," indicating that "a military delegation will visit Washington to hold talks on the security agreement concluded between Iraq and the United States." https://www.radionawa.com/all-detail.aspx?jimare=38852

RV UPDATE BY FRANK26, 15 JULY

Frank26
How many times have I said to you the moment you see the HCL within nanoseconds you'll see the new exchange rate? It's just like saying ladies and gentlemen you're about to see the new lower notes. Well then you're also going to see the new exchange rate. They both go hand in hand.

The FITR...it's a transaction activity platform that's interesting because they are exchanging and trading funds that come under the category of cross currency swapping and they are including now the Iraqi dinar. Why would you Mr. Country whoever-you-are, why would you want to be involved with the Iraqi dinar? Why would you want to do any type of transaction activity with the FITR when you're dealing with a currency that has no value? Obviously there is a value. Obviously they know more than we know. This currency swapping is a very very significant thing.

It [the new dinar exchange rate] will be well known. It will not be hidden at all. The moment it is released, boom! Where will you know it instantly that it's released? Forex? No. You will know first on www.CBI.org then they will sent it to the brokers to Forex.