Iraqi Dinar-Al Sudani Ready For Rv / Iraqi Dinar Relvaluation News 2023 ...

"RV UPDATE" BY FRANK26, 18 SEPT

FRANK26

  Hey, Alaq, how clean is the CBI floor?  'It's dinner time.' ...I never thought I'd see the CBI floor so clean.  Iran, Iraq, U.S. Treasury meeting with the CBI?  Why would you let the wolf back in the chicken coop? ...Iran said we promise [to be good].  Whoa!  How clean is that floor at the CBI Alaq?  'Spotless'  

[CBI put out a RFP-Request for Proposal tender]  

 SHANGDODDLE:  It appears to be the government of Iraq is seeking contractor bids for the purchase of machines used to count, sort and packet currency.  IMO that would be for the new currency in the lower denominations in the new small category notes...

 FRANK:  This is fantastic.  Then an article comes out and says, " This tender will be accomplished by October 22, 2023".  October 22nd is simply the time limit parameters of this tender...You think it's going to take until October the 22nd?   No.

 Why would Iran be at the CBI governor's office dealing with international issues?  I think you know why.  They can't steal anymore.  The floor is spotless.  It's dinner time.  Something is about to happen.

You have Iraq, Iran, the CBI official, US Treasury all in one room that doesn't make any sense unless you have have interest in changing the exchange rate and adding value to the Iraqi currency because there's security and stability in Iraq and it's all because Iran finally conceded, 'we give up'. 

Iraq’s financial revenues exceed 65 trillion dinars within 7 months, and an expert comments, 18 SEPT

 Iraq’s financial revenues exceed 65 trillion dinars within 7 months, and an expert comments, 18 SEPT

Iraqs financial revenues exceed 65 trillion dinars within 7 months and an expert commentsShafaq News/ The Ministry of Finance revealed, on Sunday, that the volume of Iraqi financial revenues in the federal budget during seven months exceeded 65 trillion dinars, confirming that the oil contribution to the budget has risen to 95%, while an economist believes that non-oil revenues “will not improve.”

Shafaq News Agency followed the data and tables issued by the Ministry of Finance this September for the accounts from January until last July for the current fiscal year, which showed that oil is still the main resource for Iraq’s general budget, reaching 95%, which It indicates that the rentier economy is the basis of Iraq’s general budget.

The financial tables indicated that the total revenues until last July amounted to 65 trillion and 195 billion and 3 million and 735 thousand and 974 dinars, after excluding transfer revenues, amounting to one trillion and 995 billion and 73 million and 713 thousand dinars, indicating that the total expenditures with advances amounted to 52 trillion and 916 dinars. One billion and 562 million and 761 thousand dinars.

According to the financial tables, oil revenues amounted to 62 trillion and 259 billion and 118 million and 923 thousand and 534 dinars, which constitute 95% of the general budget, while non-oil revenues amounted to two trillion and 935 billion and 884 million and 812 thousand and 439 dinars.

from his side; Economist Muhammad al-Hassani said in an interview with Shafaq News Agency, “Non-oil revenues will not improve or rise as long as Iraq lacks domestic industrial and agricultural production,” noting that “the Iraqi economy is a rentier economy that depends on taxes and customs for non-oil revenues.”

He pointed out that “the successive governments of the Iraqi state did not direct the surplus oil revenues resulting from the rise in oil prices towards investment and the development of the industrial and agricultural base, but rather relied on imports to meet local needs,” stressing that “Iraq has become a living off neighboring countries.”

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, confirmed in March 2021, in an interview with Shafaq News Agency, that the reasons for the economy remaining rentier are due to wars and the imposition of the economic blockade on Iraq during the past era and the political conflicts we are witnessing today, which led to the dispersion of… for economic resources.

The Iraqi state’s continued reliance on oil as the sole source of the general budget puts Iraq at risk from the global crises that occur from time to time because oil is affected by them, which causes the country to turn every time to cover the deficit through borrowing from abroad or within, and thus indicates the inability to Managing state funds effectively, and the inability to find alternative financing solutions.

shafaq.com

Iraq You Are Not Alone in Your IQD Investment Currency Rates Buy Sell Hold BY SANDY INGRAM

"RV UPDATE" BY MILITIAMAN, 18 SEPT

 Militia Man 

  Everything we've been seeing...is showing Iraq is going to have a big week. 

 Al Sudani is set to arrive in New York on the 18th.  I would imagine there's going to be sideline deals.  If you look at the lineup from the U.N...Iraq is slated [to speak] on Friday the 22nd...Iraq is coming out to the world and we're going to be a part of it.  I'm really excited to see it...

Article: "Instead of the President of the Republic, the Sudanese participates in the United Nations General Assembly meeting"  

Quote:  "The United Nations General Assembly meeting scheduled to be held on Monday, September 18, 2023"  There is obvious motivation for him to move up his schedule up from the 20th to the 18th...Is there more to the story than meets the eye? ... He would have to be awfully motivated to move things along so quickly now. 

 The UST apparently wrapped it up in Baghdad this week and from the successes of those meetings that were on going, they may have allowed for the urgency of him to arrive in the USA.  I like it.

Al Sudani was denied access to come to...the US because he had three things to get done. 

 And now he is scheduled to be in the U.S. on the 20th which is Wednesday.  I have a hard time thinking on the 20th he's going to show up smiling and waving doing International contracts without having changed from 1310 to a real effective exchange rate.

Romanowski commends Iraq's efforts in budget resolution, 18 SEPT

 Romanowski commends Iraq's efforts in budget resolution, 18 SEPT

Shafaq News / The United States praised the ongoing efforts between the Iraqi federal government and the Kurdistan Regional Government to resolve the budget issue, expressing optimism for further dialogue to achieve a lasting solution.

U.S. Ambassador to Baghdad, Elena Romanowski, shared her commendation on the "X" social media platform (formerly Twitter), emphasizing the importance of the joint efforts to find a solution regarding the budget and its implementation. She also noted the decision by the Iraqi Cabinet to transfer payments in the coming months.

Romanowski expressed her anticipation for continued dialogue to reach a more sustainable solution that serves the best interests of the entire Iraqi population.

In a related development, the federal cabinet approved funding for the Kurdistan Regional Government to cover the salaries of government employees for the last three months. Kurdish Prime Minister Masrour Barzani also announced an agreement with federal Prime Minister Mohammed Shia al-Sudani regarding the salaries of citizens.

https://shafaq.com/en/Iraq-News/Romanowski-commends-Iraq-s-efforts-in-budget-resolution

High-Level delegation in Erbil to monitor implementation of Iraq-Iran security agreement, 18 SEPT

High-Level delegation in Erbil to monitor implementation of Iraq-Iran security agreement

Shafaq News / A high-level delegation from the Federal Government headed to the capital of the Kurdistan Region, Erbil, on Monday to oversee the implementation of the security agreement between Iraq and Iran.

In an official statement, it was noted that "Under the directive of the Commander-in-Chief of the Armed Forces and Prime Minister, Mohammed Shia Al-Sudani, the National Security Advisor, Qasim Al-Araji, led a prominent security delegation to Erbil to monitor the execution of the security agreement between Iraq and Iran."

Last month, Iran's Foreign Ministry spokesperson, Naser Kanaani, had stated that an agreement had been reached between Iran and Iraq in which "the Iraqi government committed to disarm armed separatist terrorist groups on Iraqi territory and in the Kurdistan Region," referring to the armed Iranian Kurdish opposition groups operating in the area.

Kanaani further added that Iraq had also "pledged to evacuate the military headquarters they use and relocate them to camps designated by the Iraqi government."

https://shafaq.com/en/Iraq-News/High-Level-delegation-in-Erbil-to-monitor-implementation-of-Iraq-Iran-security-agreement