A representative reveals the reason for his request to host the Prime Minister in Parliament: The dollar has burdened the citizen, 25 SEPT

 A representative reveals the reason for his request to host the Prime Minister in Parliament: The dollar has burdened the citizen

9/25/2023

Independent MP Hadi Al-Salami revealed today, Monday, that he had submitted a request to host Prime Minister Muhammad Shiaa Al-Sudani in Parliament to discuss the repercussions of the dollar exchange rate.

Al-Salami said in a statement to Al-Mutala’ Agency, “A request was submitted to the Presidency of Parliament to host Prime Minister Mohamed Al-Sudani, based on the supervisory role and the legal provisions in the Constitution and internal regulations, to ask an oral question regarding not replacing the Governor of the Central Bank and to discuss the repercussions of the dollar exchange rate.”

He added, "The date for hosting the Sudanese has not yet been determined, and we are waiting for it to be determined," noting that "the dollar exchange rate has burdened the citizen, and the Central Bank and other executive bodies have not been able to control it."

 He explained, "The session hosting the Prime Minister witnesses his demand to dismiss the Governor of the Central Bank due to his failure to carry out the tasks assigned to him." LINK

Iraq, Egypt, and Jordan collaborate on multiple fronts, 25 SEPT

Iraq, Egypt, and Jordan collaborate on multiple fronts, 25 SEPT

Shafaq News / The foreign ministers of Iraq, Egypt, and Jordan convened in a judicious meeting, delving into the realms of political and economic collaboration.

The three parties charted the imperative course of action to consummate the ongoing projects among the three nations. This accord was resoundingly declared today by the Egyptian Ministry of Foreign Affairs.

The ministry expounded on the proceedings of the gathering, where the Egyptian Minister of Foreign Affairs, Sameh Shoukry, played host to Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates, Ayman Safadi, and Iraq's Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein. The meeting was held on the sidelines of the 78th session of the United Nations General Assembly.

The statement further elucidated the tripartite foreign ministers' deliberations, which encompassed the strategic activation of cooperation across diverse sectors, both economic and political. It was unanimously underscored that expeditious project completion, coupled with the inception of novel initiatives, was paramount.

These initiatives spanned a broad spectrum encompassing electric grid interconnection, renewable energy, telecommunications, commerce, industry, transportation, healthcare, pharmaceuticals, housing, reconstruction, as well as domains pertaining to culture, tourism, youth, sports, and security and defense cooperation.

Furthermore, the statement underscored the ministers' collective contemplation of the regional landscape, with a firm resolve to uphold the principles of security and stability therein. The Palestinian issue, deemed the central predicament, featured prominently in their discourse, as they affirmed the inalienable, non-negotiable rights of the Palestinian people.

In a concerted effort to alleviate the Syrian crisis, the ministers discussed avenues toward a resolution, particularly through the endeavors of the Arab Contact Group, with a paramount focus on advancing the welfare of the Syrian populace and terminating their protracted ordeal.

Concluding their deliberations, the Egyptian Ministry of Foreign Affairs reiterated the ministers' unanimous commitment to perpetuate coordination in anticipation of the forthcoming tripartite summit scheduled to convene in Cairo. It is worth recalling that the Iraqi capital, Baghdad, played host to the last trilateral summit in June 2021, attesting to the enduring partnership among the three nations.

https://shafaq.com/en/Iraq-News/Iraq-Egypt-and-Jordan-collaborate-on-multiple-fronts

"RV UPDATE" BY NADER FROM MID EAST & PIMPY, 25 SEPT

 Nader From The Mid East  

The HCL they start payment tomorrow and it goes all the way to 28th to 8th of October for 10 days.  They're gonna pay people.

 My boss [Prime Minister Sudani] back home let see what his decisions

[Response to needing documents to exchange] 

 "Hey, get your documents/papers ready"  What documents?

  What papers? 

 ...You can change any money in the world you don't need any documents besides the passport, drivers license or ID.  You don't need anything else even if you have 50 million of them.

Pimpy 

 Al-Sudani wraps up his visit with the United Nations General Assembly...He was supposed to meet with Biden but my understand is that they did not meet but he did speak with a couple of his staff members. 

  I'm sure by now he must have some kind of idea how this [Thursday's] vote's gonna go...on whether or not they reverse the authorization of military use over there in Baghdad.  I'm wondering if there was any kind of stipulations or agreements that were made one way or the other but next week we're going to find out.

We know they've been working on reforming their banking system so it could work with international financial system. 

 If they de-dollarize, get rid of the capital controls and they can have access to international financial systems, outside investors would come from all over to invest in Iraq.  You could see the Iraqi dinar jump up pretty good.

We know that the Iraq dinar is much more valuable currency, how much of an impact it's 

[The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq]  going to have on Iraqi dinar remains to be seen. 

 Like I said I don't want to promise anything but I think then we could see some much bigger jumps in the value if outside investors start coming in  because the authorization has been reversed, if these restriction are removed off the Iraqi dinar then we can see some huge jumps.  

 Things are starting to look up, this is awesome...Prosperity is definitely on its way to Iraq.  I'm pretty sure I know what's on everybody's mind - When will the dinar change?

  I get it why people are excited but things have to be implemented.  They have to be already in play before you start to see some changes happening. 

Al-Sudani: Electronic payment is one of the most important financial reform measures of the government, 25 SEPT

 Al-Sudani: Electronic payment is one of the most important financial reform measures of the government

Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired a special meeting to follow up on the implementation of the unified treasury account and electronic payment.

The Prime Minister’s Media Office stated in a statement, a copy of which was received by NRT Arabic, that “Prime Minister Muhammad Shiaa Al-Sudani chaired today a meeting devoted to discussing and following up on the steps for implementing the unified treasury account, and completing the application of electronic card/POS payment points, as well as discussing the facilities and incentives that It can be provided to citizens who use electronic payment, with the aim of encouraging them to do so.”

He explained, "The Prime Minister listened to a comprehensive presentation on the measures taken in this path, the rates of progress and requirements, as he stressed the necessity of continuing to hold meetings with technicians and specialists to remove the sanctions."

He pointed out during the meeting that, “These steps are among the most important financial, banking and economic reform measures, which the government is focusing on as a priority in its program.”  ink 

Podcast Will Bank Stocks Be the Next Hot Stocks

Watch for future meetings with America to arrange the withdrawal of its forces from Iraq, 25 sept

 Watch for future meetings with America to arrange the withdrawal of its forces from Iraq

Security expert Fadel Abu Ragheef confirmed on Monday that the joint Iraqi-American committee will soon hold its meetings in order to arrange the withdrawal of the American army from Iraq. 

Abu Ragheef said in a statement to Al-Maalouma, “Prime Minister Muhammad Shiaa Al-Sudani, during his visit to the United States of America to participate in the annual session of the United Nations, was keen to make the file of ending the presence of international coalition forces a priority in his files.” 

He added, "An agreement was reached between the government side and the American side to form a joint committee to reschedule and organize the presence of advisors," noting that "the committee will hold its meetings in the coming days to arrange the withdrawal."

Abu Ragheef explained, “The Sudanese stressed the necessity of reorganizing the presence of the international coalition and demanding that Iraq be provided with modern weapons and equipment and that members of the security forces undergo courses to raise the efficiency of the combat level, as well as providing Iraq with security information to activate the intelligence aspect.” 

 The Prime Minister announced several days ago that his government had received a draft of a memorandum of understanding from the US Department of Defense, indicating that the draft is currently under study by the Iraqi Ministry of Defense related to the form of the relationship between Iraq and the international coalition.    link

"RV UPDATE" BY MILITIAMAN, 25 SEPT

 Militia Man 

 Al-Sudani came home from the United States of America.  He showcased his presentation.  He did it very very well, professionally, turns out people felt he was a statesman all around the world.  When it comes down to it are you going to do a tripartite budget at 1310?  The answer is probably 100% IMO no...

There's a total shift and a move to expose Iraq.  What are they doing?  They're creating confidence.  They're going to create liquidity...Iraq is gearing for a global financial system mechanism that's gonna provide liquidity to the world. 

They're really serious about this investing aspect of Iraq...The meeting with the US Secretary of State discussed the activation of the Strategic Framework Agreement, the entry of American companies and the resumption of oil exports through the Turkish port...They're going to help Iraq to be supportive of their currency and the value of that currency because all the income streams are going to be able to support Iraq to get investment projects done...

 Iraq has been in the UN in New York since the 18th...doing things like The Path of Development which is going to shape the face of Iraq's county in the next stage...It's going to be a post oil era...their path to prosperity and growth...Sudani coming to New York is an instrumental step and we'll see if that is THE step that is going to be the beginning...        

Sudani Quote from UN speech "The time has come for Iraq to take its natural place in the International community..."  Sudani is saying it's time for us to  open up to the world...He said it to the UN...to the World....Iraq is going international how can you deny it?  It's completely phenomenal...