Sunday, October 15, 2023

"RV UPDATE" BY MILITIAMAN, 15 OCT

 Militia Man 

  Article:  "China hosts representatives from 130 countries at the New Silk Roads Forum

 This Belt Road project is linking right through Iraq.  Al-Sudani just met with Putin on his Development Road Project as well... The 10th anniversary of this coinciding with electronic systems hook ups in Iraq are looking to be timed   accordingly...I like it.

 Sudani has been knocking it out of the park.. .Turkey is going to be massive...building road, industrial cities, industrial parks. 

 Think about all the infrastructure that has to go into that.  Water, sewer, roads, electrical...All kinds of things happening behind the scenes.  

 Article: "Parliamentary Energy: Work is continuing towards passing the oil and gas law"  

  This is going to be a big deal and it needs the same thing everyone else needs and that is the international acceptable currency exchange rate. The way they are talking on this gives me the impression they are ready for the rate, so that they can discus, read and vote on it.  Who wouldn't vote for it when it is for all Iraqi people. I am sure the priority is going to be toward a yes vote...A unanimous one at that!

Al-Sudani leads banking reform discussion, 15 OCT

 Al-Sudani leads banking reform discussion, 15 OCT

Shafaq News / Iraqi Prime Minister, Mohammad Shia Al-Sudani, presided over a meeting on Sunday to deliberate on banking reform measures. He directed the simplification of all banking procedures and called for a proposed list of facilitations to be prepared within a week.


.In a statement issued by Al-Sudani's media office, it was stated that, "As part of his follow-up on the implementation plan for financial and administrative reforms in both the financial and banking sectors, Prime Minister Mohammad Shiaa Al-Sudani chaired a meeting this evening.

The meeting was attended by the Central Bank Governor and directors of government banks. During the meeting, discussions were held on the procedures and mechanisms adopted to achieve banking reform, which constitutes one of the fundamental steps in the financial and economic reform embraced by the government in its executive agenda."


Al-Sudani emphasized, "Financial reform is not merely a slogan but a series of concepts and measures that the government is determined to implement without hesitation. It will confront all challenges and obstacles that hinder the implementation of well-thought-out reform plans."


According to the statement, the Prime Minister instructed the simplification of all banking procedures and the preparation of a proposed list of facilitations and streamlined procedures to be submitted within a week. Additionally, a summary detailing the obstacles hindering the banking reform process, along with effective and executable solutions, is to be presenteD.

https://shafaq.com/en/Iraq-News/Al-Sudani-leads-banking-reform-discussion

iraqi Dinar Latest Rate update today 2023 / iraqi dinar Revaluation / ir...


Iraqi Dinar🔥IQD 2023 Exchange Rate Hovers Between $3.22 and $3.30 Today🔥...

"RV UPDATE" BY RAYREN98, KAPERONI & WALKINGSTICK, 15 OCT

  RayRen98 

 ...I DO "BELIEVE" THAT IT HAS BEGUN!! RATES DID CHANGE IN IRAQ LAST WEEK...MAYBE AGAIN OVER THE WEEKEND

WAITING TO HEAR FROM SOME FOLKS WHO WERE EXCITED LAST NIGHT AND WERE LOOKING TO SEE SOMETHING (BEHIND THE SCENES) THROUGHOUT THE NIGHT...TIME WILL TELL

..."WE WERE TOLD ON WEDNESDAY TO LOOK TOWARDS MONDAY...THAT TIMETABLE HAS BEEN SHORTENED...CONSIDERABLY "

Kaperoni 

 The only way for Iraq to raise the value would be to do so gradually over time based on the success and growth of the economy. Doing so would allow them to withdraw the large quantities of currency as the economy prospers. It also would allow them to float the currency based on the economic success and diversification.  

Walkingstick

  HCL payments are all over the world where Iraqi citizens live, where they qualify for these funds..

An important economic recommendation for the Central Bank after it used exchange companies to sell dollars to travelers, 15 OCT

 An important economic recommendation for the Central Bank after it used exchange companies to sell dollars to travelers

An important economic recommendation for the Central Bank after it used exchange companies to sell dollars to travelersOn Saturday, economist Omar Al-Halbousi recommended that the Central Bank choose prudent exchange companies that adhere to its decisions and procedures to sell dollars to travelers at airports.
Al-Halbousi told “ Jarida ” that “exchange companies are considered more connected to the public, as they are the easiest and fastest in doing business, and that the Central Bank’s decision to use police methods to fight and restrict them exacerbated the exchange rate crisis, and proved that they were not behind the dollar leak.”
He stressed, “The evidence for this is that despite fighting it and strangling it with measures, the dollar continued to leak into the black market and out of Iraq, and that the Central Bank sided with the real problem and went to the exchange companies, which because of its measures increased the difference between the two prices.”
He explained, “The Central Bank of Iraq’s decision to ask exchange companies to open branches at airports to sell dollars to travelers contradicts its previous measures to fight them, which is what made it return today once again to seek their help in selling dollars.”
He added, “Therefore, we hope that the choice will be for prudent companies that are committed to the decisions and procedures of the Central Bank and avoid favoritism, as happens in favoritism with private banks, which contributed to complicating the exchange rate problem and embarrassing Iraq before the US Treasury Department.”

Mohsen Al-Mandalawi Calls for Completion of Remaining Projects in Baghdad, 15 OCT

 Mohsen Al-Mandalawi Calls for Completion of Remaining Projects in Baghdad, 15 OCT

In a bid to uplift the quality of life and infrastructure in the capital city of Iraq, First Deputy Speaker of Parliament Mohsen Al-Mandalawi has urged the initiation of comprehensive campaigns aimed at completing the remaining projects in Baghdad. In his recent statement, Al-Mandalawi emphasized the necessity of these campaigns to better the city’s infrastructure, services, and overall living conditions for its denizens.

Emphasizing Coordinated Efforts

Al-Mandalawi underscored the necessity of strengthened coordination between the government bodies and private sector firms for the successful completion of these projects. He accentuated the role of a collective effort in achieving the target and ensuring the projects’ successful fruition.

Transparency and Accountability: A Key Focus

As part of his statement, Al-Mandalawi also highlighted the critical role of transparency and accountability in the allocation of funds and resources for these campaigns. He stressed that these aspects would be paramount in maintaining trust and ensuring the proper use of resources, thereby leading to the successful completion of the planned projects.

Involving Local Communities

Al-Mandalawi also underscored the importance of involving local communities in the decision-making process. He said that the residents of Baghdad should actively participate in the development plans of their neighborhoods. This approach would ensure a more inclusive and effective implementation of the projects, addressing the actual needs of the residents and making them feel a part of the development process.

Government’s Commitment to Improve Living Conditions

The statements from Al-Mandalawi reflect the government’s commitment to addressing Baghdad’s needs and improving its residents’ living conditions. It is a sign of the government’s dedication to infrastructure development and service improvement, aimed at making Baghdad a better place for its inhabitants.

https://bnn.network/world/uk/mohsen-al-mandalawi-calls-for-completion-of-remaining-projects-in-baghdad/