Saturday, December 30, 2023
Sudanese Advisor: The economic reform law is on its way to legislation and will lead us to prosperity, 30 DEC
Sudanese Advisor: The economic reform law is on its way to legislation and will lead us to prosperity
Mazhar Muhammad Saleh, Advisor to the Prime Minister for Financial Affairs, confirmed today, Saturday, that implementing the economic reform law will achieve optimal use of available material and human resources, indicating that the law is on its way to being legislated by the House of Representatives.
The Sudanese wants to end internal dealings with the dollar
The Sudanese wants to end internal dealings with the dollar, and “dollarization” has been a legacy since 1982.. His advisor Saleh said in an interview with the official agency, followed by the 964 Network , that “the economic philosophy framed by the draft economic reform law presented on its way to legislation to the House of Representatives is based on the vision of the government’s approach to reform and reorganizing the national economy.”
He added, “The government curriculum, which was approved by the House of Representatives in October 2022, is responsible for implementing a reform vision based on the principle of partnership between the state and the private sector (in financing, investment and production), starting with investing in natural resources and manufacturing industries and ending with digital and other services, and generating… High value-added chains enhance growth factors in GDP.”
Saleh explained, “The draft economic reform law is also consistent with the principles of the (National Strategy for Private Sector Development) and the principles of the new formation of the Private Sector Council headed by Prime Minister Muhammad Shiaa Al-Sudani.”
He pointed out that “the draft reform law, which is in the process of legislation, is consistent with the national strategy for developing the private sector, as both are undoubtedly a realistic embodiment and a central syndrome in building the rules of the (social market) through the vision of partnership between the state and the private sector that we mentioned earlier.”
He continued: “They are also two economic forces that will contribute to their cohesion by diversifying the sources of income in the national economy and dismantling it from the rentier unilateralism on whose ruins coexisted with emergency profit-making liberal capitalisms devoid of any idea of building market institutions. Rather, they remained fleeting to sustainable development or even the tendency to build the foundations of the real investment desired throughout. past decades.
Saleh stressed that “Iraq is advancing the vision of partnership between the state and the social market, through the implementation of the economic reform law immediately upon its enactment, to establish coherent guarantees for a promising economic future that will eliminate the rentier phenomenon and mono-economic problems.”
He stated that “implementing the economic reform law will achieve for our country optimal use of all available resources (material and human), and at the same time guarantee a level of prosperity that results in sustainable growth in a diversified economic climate that guarantees development.”
964media.com
"RV UPDATE" BY MNT GOAT, 30 DEC
Mnt Goat
...we can see what is slowly happening is that Iraq is moving back to a normalcy of their financial system an international normalcy. It takes much more than just putting in place the banking reforms, the means and the mechanisms to do it as we have witnessed over the past years. But now they are actually doing it. It may be slow but remember they are still under the strong arm of the US Treasury on this matter too and are working very closely with them at their pace. In many ways this is good as we want the US to support this process when it comes time to give the “green light”. This is why so many visits by the US Treasury to Iraq.
..there is always one news article to grab my attention and stands out from the rest...WOW, WOW, WOW news. It says that the purpose of foreign currency in Iraq is to deal with it outside the [national] economy, so it is not possible to consider the existence of a price in the dollar and a price in the dinar: one rises and the other falls. No monetary policy can control such a situation ...Folks this is just what we have been waiting for so long to hear...This is huge news.
They are finally getting off the sanctioned use of ONLY US dollars for trade outside Iraq. Yes, they are beginning to act now like they are out of the UN 1991 & 2003 sanctions, that by the way, happened over a year ago. So, yes, it is about time. We all should be jumping for joy and maybe even taking a couple sips (I said just a couple) of that refrigerated champagne… lol.. lol.. lol. Save the rest for what is coming next and that includes going to the bank.
Iraq is ranked fourth in the list of the most dynamic countries “with foreign investment”, 30 DEC
Iraq is ranked fourth in the list of the most dynamic countries “with foreign investment”
Iraq ranked fourth among the “10” countries with the growth of “foreign investment momentum” until 2024, with a growth rate in expenses of more than 370% from 2021 until the end of 2023.
According to a report by the fdi website on foreign investment in the world, many economies enjoyed strong investment momentum until 2024.
She pointed out that the Asian continent was particularly good, as 6 out of 10 countries were Asian countries.
The ranking of the ten most dynamic countries in foreign investment until 2024 was as follows:
1- Kapmodia
2- The Philippines
3- Kenya
4- Iraq
5- Namibia
6- Kazakhstan
7- Azerbaijan
8- Morocco
9- Serbia
10- India
The degree of the momentum index of foreign direct investment in Iraq came at about “86” points out of 100, while the growth of GDP 2024 is 2.90%, inflation is 3.60%, the growth in capital expenditures for foreign direct investment between 2021 and 2023 amounted to more than 370%, and the growth in foreign direct investment projects between 2021 and 2023 amounted to about 95%.
https://almutalee.com/news/العراق-في-المرتبة-الرابعة-ضمن-قائمة-الدول-الأكثر-زخماً-بالاستثمار-الاجنبي
Weekend News with MarkZ. 12/30/2023
"ONLY INTEL" BY BRUCE (ENGLISH & SPANISH), 30 DEC
Bruce Big Call 12/28/23
ONLY INTELLIGENCE
WHERE ARE WE NOW
Bruce says he has a little information about Jeannie and the R&R assignments; those funds that we will recover will begin at the end of the first week of January. I don't know if it is the same day or several days of installments in their accounts.
He also mentioned that SS starts at age 62 if you have chosen to take it and you will get a raise in January and some will receive $5,200 a month at most; That won't mean much to us.
According to our RC sources that we heard today and over 10,000 in the US, they are ready for us and what is interesting to me is the number of so-called Treasury Marshals who work for them in the RC and who are being flown today around the world. country, so no less than 5 or 6 in each RC in turns; at least some RCs in Miami and Orlando are open 24/7, as are Houston and Texas; again, some are open 24/7, so if you had 6, they would be splitting the shifts and this is something new. Something real that has been happening for days.
This same leader is saying that there is a strong possibility of being notified on Friday and starting trading on Saturday (that opinion was also shared by a WF Bond Prime Minister). Almost the same language was shared: a good, strong possibility of exchange was reported and the last two sources. from the US Treasury today and what they told you this Friday Saturday could be a request for bondholders and not for us, but for T4B to receive emails on January 1 and set appointments for Tuesday, January 2 January for exchanges. Now we would love to have it on Friday/Saturday, but those other two sources say 1st and 2nd. Remember what also happens on New Year's Eve: the new USTN hits the ATM overnight and will be available on Monday, which is a bank holiday, so the first chance to get them at banks would be Tuesday.
I like Friday and Saturday a lot better, but let's wait and see, and if nothing happens over the weekend, we're pretty sure it will happen on day 1 and 2; we may simply make a celebratory call; This has been a great 12th day period of the year, if we went past midnight, this would have started our thirteenth year; We shouldn't have to make any more calls, plan something else for Tuesday and Thursday nights.
TRANSLATION IN SPANISH:
Bruce Big Call 28/12/23
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Fri. 21 Feb. 2025 Crucial Announcement : The Tier 4 B Internet Group is officially active. …QFS on Telegram This is the beginning of a n...