Everything is there for the citizens concerning the monetary reform. Everything is in its position. Everything is ready to go. They may be waiting for more Iraqi citizens to open bank accounts...
maybe they're waiting for more accounts to open up because that's how they're going to deliver the HCL.
The CBI, they don't have to convince you or me that they're going to change the rate.
They simply have to convey it to the citizens of Iraq.
It must be successful with the citizens. It must not fail with the citizens of Iraq or the whole monetary reform will crumble...they are not trying to gain your trust...they are trying to gain the trust of the Iraqi citizens.
Iraq invites Saudi Arabia and Jordan to attend Climate Change Conference in Baghdad, 20 OCT
Shafaq News / The Iraqi Minister of Environment, Nizar Ammedi, extended an official invitation to his Saudi counterpart, Abdul Rahman bin Abdul Hussain Al-Fadhli, to attend the Regional Climate Change Conference scheduled to take place in early 2024 in the capital, Baghdad.
This invitation was extended on the sidelines of the 9th Islamic World Environment Ministers' Conference held in Jeddah on 19/10/2023, as announced by the Iraqi Ministry of Environment on Friday.
The Ministry stated that during the meeting, both sides discussed the upcoming 28th Conference of the Parties on Climate Change, which is set to be held in Dubai at the end of November 2023.
This conference provides an opportunity for all participating countries to produce results that enhance the resilience and sustainability of countries vulnerable to climate change, while also reiterating the commitment of advanced nations to support climate funds and provide necessary green technology for the transition to a more environmentally friendly economy. Additionally, it will clarify mechanisms for carbon investment.
Minister Ammedi extended the invitation to the Saudi Minister of Environment, Water, and Agriculture to attend the Regional Climate Change Conference in Baghdad, scheduled for the beginning of the next year.
This conference will spotlight the regional agenda and strengthen cooperation with neighboring countries, discussing shared regional adaptation mechanisms and participating in promising environmental projects.
The statement also mentioned that the meeting addressed bilateral relations and several common topics.
Minister Ammedi also met with the Jordanian Minister of Environment, Muawiyah Al-Radaideh, on the sidelines of the 9th Islamic World Environment Ministers' Conference, which was organized by the Saudi Ministry of Environment, Water, and Agriculture in cooperation with the Islamic World Educational, Scientific, and Cultural Organization (ISESCO), under the theme "Towards Achieving Green Transformation in the Islamic World."
A separate statement from the Ministry mentioned that they discussed the most critical environmental challenges facing Iraq and the country's direction towards sustainable economics, while inviting all parties to invest in green initiatives in Iraq.
A specific invitation was also extended to the Jordanian counterpart to attend the upcoming regional conference scheduled to be held in Baghdad in February.
[via PDK] Question: Rumor has it that currency dealers have been notified to stop selling currency after 11:59 CST. Any idea if this is accurate at all?
MarkZ: I was told they would stop selling right before the RV…of course they can change the wording and maybe slow down if they think it’s really close.
We were warned that we would see rough things before it happened and we are…
I firmly believe we are much closer than it appears. ...they could just pull the trigger at any time.
Question: What do you still expect as the rate for the dong?
MarkZ: I still expect the low $2 range…$2.25ish. But, most of my sources say it could be more in the $3 dollar range …we shall see.
...They are making certain that everything is conducted in dinar from here on out. For government function they can only use dinar…no other currencies...
Question: Do we need a new speaker of the house before Iraq can move forward?
We are being told that the ball is in Iraq’s court now…so no…
Question: ...are we close...just asking for a friend?
MarkZ: I think we are close…It certainly feels close.
Deputy: The development road project attracts the interest of 45 countries, 20 OCT
On Friday, Representative Baqir Al-Saadi confirmed that the development road project has attracted interest from 45 countries.
Al-Saadi mentioned in an interview that “The Development Road Project” is gaining more and more attention on a global level. According to studies, the project is expected to be economically successful and will focus on five significant areas in terms of changing the course of international transportation from Southeast Asia towards Europe.
According to the speaker, 45 countries have shown interest in the development road project. Some of these countries have even announced their intention to invest directly in the first phase by implementing various projects. The investments in this project will ultimately result in the creation of 10 new cities along the path of the road – from Basra all the way to the border with Turkey.
He highlighted that the project marks the beginning of a transformation in the region’s economic activity and the development of land routes that transport goods worth hundreds of billions of dollars annually.
The Iraqi government recently initiated a development project aimed at diversifying the economy and leveraging its strategic location on the international transport map.