1320 is not the official rate...that's just the street rate...They told you very plainly 1132 is the official exchange rate today. I'm not saying they're using 2 exchange rates. That's against the law. But there's nothing against the law to have two sets of books. The CBI website may show 1320 but IMO the economic reforms are at a different rate with permission to do so.
Until they say they voted then you don't have the HCL.
But...they got the HCL. They got everything. Everything is in a line waiting for one thing and one thing only...
Historically, this isn't opinion, it's a factual statement...we have seen bank movements...currency printed...exchange rates change...the IMF and the CBI working together and doing things in the month of April and in the month of September.
I don't know of any other month where they have made any other type of financial moves with their budget...currency... banking structure. All of it. It's always been April and September.
Iraq and Turkey collaborate to enhance trade and investment, overcoming hurdles
Shafaq News / Iraq and Turkey reached a consensus on Tuesday to activate joint committees and signed agreements between them, with the aim of removing obstacles, increasing trade volume, and enhancing mutual investments.
According to a statement from the Iraqi Ministry of Commerce, a joint meeting was held today at the ministry's headquarters in Baghdad, involving representatives from the Ministry of Commerce, the Iraqi private sector, and the Turkish delegation.
Shafaq News / Iraq and Turkey reached a consensus on Tuesday to activate joint committees and signed agreements between them, with the aim of removing obstacles, increasing trade volume, and enhancing mutual investments.
According to a statement from the Iraqi Ministry of Commerce, a joint meeting was held today at the ministry's headquarters in Baghdad, involving representatives from the Ministry of Commerce, the Iraqi private sector, and the Turkish delegation.
Iraq ranks 65th globally for female parliamentary representation
Shafaq News / Iraq has secured the 65th position worldwide and the second position among Arab nations in terms of the highest proportion of women in parliament, according to a list compiled by CEO WORLD magazine encompassing 150 countries.
According to the magazine's report, Rwanda has emerged as the global leader with the most impressive record for women's representation in parliament, with women comprising 61.25% of the Rwandan Parliament (Chamber of Deputies).
This milestone establishes Rwanda as the nation with the highest percentage of women in parliament worldwide. Following Rwanda is Nicaragua with the second-highest percentage of parliamentary members at 51.65%, trailed by New Zealand at 50.42%. Mexico and the United Arab Emirates both share the 50% mark, followed by Iceland at 47.62%, then Costa Rica at 47.37%, South Africa at 46.5%, Andorra at 46.43%, and Sweden at 46.42%. The list concludes with the Central African Republic at 12.86%, followed by Samoa at 12.96%, and Switzerland at 13.51%.
Within the Arab region, the United Arab Emirates occupies the top position globally with a 50% representation of women in parliament. The UAE is followed by Iraq in the second position, ranking 65th globally with a 28.88% representation of women. Egypt ranks next at 27.38%, followed by Tunisia at 26.27%, Morocco at 24.05%, Bahrain at 20%, Saudi Arabia at 19.87%, Somalia at 19.71%, and Libya at 16.47%.
BRICS has expanded to include Iran, Saudi Arabia, the United Arab Emirates (UAE), Egypt, Ethiopia and Argentina.
Following the 15th annual BRICS summit in Johannesburg, South Africa last week, the bloc of five major emerging economies – Brazil, Russia, India, China and South Africa – decided to admit the additional 6 new members, effective January 1, 2024.
The inclusion of Saudi Arabia, Iran and UAE in BRICS also means the oil powers are drifting away from the United States’ petrol dollar agreement supremacy, significantly detoriate USD status as world reserve currency.
The only US financial weapon remaining, IQD, this recent development may influence IQD reinstatement sooner as US Treasury already urging to accomplish since Dec 2022.
Al-Fateh: Iraq’s accession to BRICS will break Washington’s hegemony over the dollar
8-28-2023
Al-Fateh - Iraqs accession to BRICS will break Washingtons hegemony over the dollarInformation / special..
Today, Monday, the leader of the Al-Fateh Alliance, Ali Al-Zubaidi, stressed the necessity of liberating himself from the restrictions of the US treasury and entering the “global BRICS” group, while stressing that the government will not control the rise in the exchange rate of the dollar without exiting the power of the US treasury.
Al-Zubaidi said, in an interview with Al-Maalouma Agency, that “Iraq’s economic situation requires the government to join the global Brexit group,” noting that “getting rid of the restrictions imposed by the United States of America on Iraq lies in making the decision to enter the BRICS group.”
And he continued, “Washington will remain in control of Iraq with the card of raising the exchange rate of the dollar to pass its own interests,” calling on the government to “the need to liberate itself from the US treasury and enter the BRICS group.”
The leader of the Al-Fatah coalition concluded his speech, saying: “The BRICS group, after the accession of more than twenty countries, most notably the eastern ones, will compete with the dollar and will become the first currency in the coming years, given the program and the numbers that the major countries are working on now,” adding that “the government will not control the high price of Exchange the dollar without leaving the power of the US treasury.
The BRICS group has become one of the most important global economic organizations, given the growth figures achieved by the countries of this group over the years, which made it a source of interest for many other countries, which no longer wanted to join the group after the number of countries reached 20 countries.
The Prime Minister confirms the government’s determination to put a final end to the oil smuggling file, which has been neglected for many years
2023-08-28
The Prime Minister confirms the governments determination to put a final end to the oil smuggling file which has been neglected for many yearsSunday, Prime Minister Muhammad Shia’ al-Sudani praised the role of the Supreme Judicial Council in issuing deterrent rulings against a group of oil smugglers, while stressing the government’s determination to put a final end to this file that has been neglected for many years.
Government spokesman Basem Al-Awadi said in a statement, “In confirmation of the continuous follow-up by the Prime Minister, Muhammad Shia’a Al-Sudani, of the file of fighting corruption, and what is related to oil smuggling crimes, and what the president announced more than once in this regard, of great efforts that resulted in the dismantling of the largest smuggling networks, And the arrest of dozens of smugglers during the past months, with great and unprecedented efforts from the competent government agencies, the Prime Minister appreciates the active and vital role of the Supreme Judicial Council and the competent courts that issued deterrent rulings against a group of them.
He added, “The prime minister also appreciates the heroic role of the National Security Apparatus, which had the main role in following up and exposing this destructive file for the national economy.”
He stated, “The prime minister reaffirms that the government will stand up to all those who tamper with the wealth of the Iraqi people, whether they are smugglers or transgressors of public money, in accordance with the law and the judiciary, and that it is determined to put a final end to this file that has been neglected for many years.”
Representative Hussein Moanes Stresses The Need To Put An End To The Window For Selling The Currency
Information / Baghdad.. A member of the Parliamentary Finance Committee, Hussein Moanis, stressed, on Sunday, the need to put an end to the window for selling currency in Iraq, describing it as the one-eyed American policeman. “The three reform packages launched by the Central Bank of Iraq have proven their failure in the context of limiting the turmoil of the dollar market,” Moanis said in a statement received by Al-Maalouma.
He added, “The reform packages, and after their failure, it has become necessary to put an end to (the window for selling the currency), because it has become just (a one-eyed American policeman who sees nothing but Iran), which made the central bank not trusted with monetary policy in the country.” ended 25 n