DINAR REVALUATION

Tuesday, December 12, 2023

Parliamentary Finance: Spending only 20% of the current year’s budget, 12 DEC

Parliamentary Finance: Spending only 20% of the current year’s budget

12/12/2023

Baghdad: Shaima Rasheed

The Parliamentary Finance Committee revealed that the government has spent only 20% of the current year’s budget, and expected to release the rest of the budget on December 20, indicating that the government’s move towards currencies other than the dollar will reduce the pressure on demand for it and thus reduce its prices.

Committee member, Jamal Kujar, said in an interview with “Al-Sabah”: The government has spent only 20% of the current year’s budget, and it is assumed that after December 20, a good portion of the budget will be spent for a period of five days until the accounts are closed, noting that with the beginning of New Year Next year's budget schedules are sent.

He pointed out that the government's move towards currencies other than the dollar will facilitate the issue of trade, on the one hand, and push traders to deal with the platform more and reduce pressure on the dollar instead of focusing on it, stressing that it will contribute to stabilizing its official price. LINK

Baghdad to impose new measures to protect diplomatic missions, 12 DEC

Baghdad to impose new measures to protect diplomatic missions, 12 DEC

Baghdad (IraqiNews.com) – The media advisor to the Prime Minister, Hisham Al-Rikabi, announced on Saturday the Iraqi government’s intention to take new security measures to protect diplomatic missions and the international coalition in Iraq.

Al-Rikabi’s statement comes one day after a missile bombardment targeted the US Embassy inside the Green Zone in central Baghdad.

The Iraqi official told Sputnik that the Iraqi government is committed to protecting diplomatic missions and the headquarters of the international coalition in the country, adding that there are measures that will be taken in this regard.

Al-Rikabi also elaborated that the Iraqi security agencies will continue to pursue anyone who tries to target the diplomatic missions and the international coalition.

Around seven mortar rounds landed in the US Embassy compound in Baghdad during an attack early on Friday, a US military official told Reuters.

Experts said that the attack is the largest of its kind against a US facility in Iraq.

A US defense official also mentioned that at least three missile and drone attacks targeted US forces in different sites in Syria, and two attacks against US personnel stationed in western Iraq took place on Friday.

Iraqi armed groups supported by Tehran have claimed responsibility for more than 70 similar attacks on American forces since October 17 in response to Washington’s support for Israel in its war in Gaza.

The attacks stopped during a recent ceasefire between Israel and Hamas but resumed after the end of the truce.

https://www.iraqinews.com/iraq/baghdad-to-impose-new-measures-to-protect-diplomatic-missions/

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Iraqi PM affirms Iraq’s commitment to protecting diplomatic missions, 12 DEC

Iraqi PM affirms Iraq’s commitment to protecting diplomatic missions

Baghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, confirmed on Monday Iraq’s commitment to protecting military advisors and diplomatic missions working in Iraq in accordance with international laws and agreements.

Al-Sudani’s remarks took place during a phone call with the Secretary of State for Foreign, Commonwealth, and Development Affairs, David Cameron, according to a statement cited by the Iraqi News Agency (INA).

The discussion between the two sides addressed ways to strengthen relations between both countries as well as the political and security situation in the region and the latest developments in the Palestinian issue.

Al-Sudani emphasized that the Iraqi government is serious about prosecuting perpetrators of attacks against diplomatic missions and international coalition forces.

The Iraqi Prime Minister said that the ongoing Israeli aggression in Gaza will destabilize security in the region and the world, especially with the killing of innocent civilians in Gaza, which is a clear violation of international and humanitarian laws.

Al-Sudani’s statement comes two days after a missile bombardment targeted the US Embassy inside the Green Zone in central Baghdad.

Al-Sudani also indicated that the permanent members of the UN Security Council should have supported the call for a ceasefire presented by the UN Secretary-General, Antonio Guterres, to the UN Security Council.

Guterres activated Article 99 of the UN Charter, which says that the secretary general may bring to the attention of the Security Council any matter that, in his opinion, may threaten the maintenance of international peace and security.

The 15-member UN Security Council has repeatedly failed to adopt a resolution requesting a quick cease-fire; thus, the article—which has not been invoked in decades—has been activated.

Over 16,000 Palestinians have lost their lives as a result of Israeli bombardment since the conflict began on October 7 following a 1,200-person Hamas surprise strike on Israel.

https://www.iraqinews.com/iraq/iraqi-pm-affirms-iraqs-commitment-to-protecting-diplomatic-missions/

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 12 DEC

Frank26

[Iraq boots-on-the-ground report]

FIREFLY: It's a campaign. They are doing this constantly. They keep telling us they want to build up the dinar and make it the gateway of the country. That's what they're telling us - Strength.

FRANK: Is this strength at a program rate? Of course not.

FIREFLY: Did you see this [sends video]? …They are talking about how the dinar is about to become stronger.  Then a commercial comes out talking about how strong the dinar is already and will be even stronger very soon…It’s about the strength of the dinar, telling them to use it for everyday things and will only get stronger and stronger.

FRANK: You better be ready Iraqi citizens! In my interpretation of it…This is part of the monetary reform education they are teaching the Iraqi citizens that they will soon have value added to their currency…

Community comment:
“The future of Iraq is on the conference table in Dubai.”

You better believe it is…It doesn’t get any more plainer. It doesn’t get any more obvious.

FIREFLY: It’s a campaign they told us today. They keep repeating it over and over. It’s a campaign they are doing they say to build up the dinar, to make it the gateway of the country.  That’s what they’re telling us.  They’re adding strength to our currency.

FRANK: I know what they are trying to tell you… Is there strength in a program rate?  Of course not. They’re preparing you…

https://dinarevaluation.blogspot.com/2023/12/iraq-boots-on-ground-report-by-firefly_0532705014.html

Iraq tops the list of Arab oil-exporting countries to America in a month, 12 DEC

Iraq tops the list of Arab oil-exporting countries to America in a month

2023-12-12 04:54Font

Shafaq News / Iraq topped the list of Arab countries exporting oil to America, during the month of last October.

Data issued by the US Department of Commerce, seen by the Sfaq News Agency, indicated that the value of Iraq, Saudi Arabia, Libya and the UAE’s oil exports amounted to $1.58 billion to America last month.

Total crude oil exports to 4 countries: Iraq, Saudi Arabia, Libya and the UAE to the United States amounted to 18.687 million barrels in October, worth $1.581 billion.

Iraq tops the list of Arab oil-exporting countries to America in October, where its exports amounted to 574.86 million dollars for quantities of about 7.48 million barrels, while last September 7.5 million barrels were issued at $553.35 million.

Saudi Arabia came in second place with oil exports of 7.316 million barrels last month, worth $674.16 million, while its exports during September amounted to about $873.75 million, amounting to 9.972 million barrels.

Libyan oil exports to America in October ranked third in the Arab at 2.287 million barrels, worth $200.165 million, compared with 1.645 million barrels worth $137.884 million in September.

The UAE ranked fourth by exporting oil to the United States last month with a value of $132.201 million, and in quantities of 1.599 million barrels, while its exports to the United States in September amounted to about $131,651 million, with an amount of 1.598 million barrels.

Total UAE oil imports during the first four months of this year reached 1.427 million barrels with a total value of $123.169 billion.

US data showed that oil imports in the United States last October amounted to about 185.519 million barrels worth $14.582 billion, while in September it amounted to 193.445 million barrels worth $14.8 billion.

https://shafaq.com/ar/اقتصـاد/العراق-يتصدر-قا-مة-الدول-العربية-الم-صدرة-للنفط-لى-مريكا-في-شهر