Sudanese presents the 2024 budget to Parliament next month and promises to solve the problem of Kurdistan’s salaries, 31 DEC

Sudanese presents the 2024 budget to Parliament next month and promises to solve the problem of Kurdistan’s salaries

Shafaq News/ Representatives of the protesting teachers in Sulaymaniyah revealed, on Sunday, the details of their meeting with the Prime Minister of the Federal Council, Muhammad Shiaa Al-Sudani, and the promises he made to improve the living conditions of the citizens of Kurdistan, similar to the rest of the Iraqi provinces.

Dilshad Mirani, the representative of the protesting teachers, said during a press conference held in Sulaymaniyah, attended by Shafaq News Agency, that “during the visit of a delegation of teachers, employees and retirees to Prime Minister Muhammad Shiaa Al-Sudani yesterday, Saturday, a memorandum was presented bearing all the concerns and demands of the citizens of the region.”

He added, “The Prime Minister promised to solve the salary problem early next year, and stressed that the budget law will be presented to Parliament on January 9 and will provide a solution to many problems.”

He stated that “Al-Sudani promised to open branches of Al-Rashid and Al-Rafidain Banks in the region, to ensure equal rights for citizens in Kurdistan, like those of citizens of other Iraqi provinces, to address the problem of fuel prices, and to put pressure on the regional government to solve the problem of bonuses and promotions.”

Regarding the return of studies in Sulaymaniyah schools, Mirani stressed that “the return is linked to the implementation of promises by government agencies.”

Teachers and lecturers in Sulaymaniyah and a number of regions of Kurdistan have been on strike since the start of the new academic year on the thirteenth of last September, against the backdrop of delays in disbursing employees’ salaries due to faltering negotiations with Baghdad to disburse the region’s share of the federal budget for the current year.

shafaq.com

"RV UPDATE" BY ANGEL1, 31 DEC

 Angel1

  People are asking are they international?  Are they gonna go international?  ...They have two currencies trading in dinar...pegged to the dinar...They are already operating internationally in a controlled environment...It's not going to shock the market when they go on Forex and peg to six different currencies.  They're already doing that now.  The roll out has already begun.  The markets are already accepting them.  The markets are warming up for them to go on Forex officially.  They are already doing what we want them to do on a small controlled scale...They've proven that they can do it.  

Question:  "Do you believe in redemption centers?"  I have not been able to confirm that redemption centers exist.  But just because I haven't been able to confirm it doesn't mean they don't exist.

 Here's the the thing, a country doesn't claim its independence hoping that one day they become independent.  Nope, they claim their independence when they are independent.

  They are no longer waiting for their independence.  I'm talking about banking reform, economic reform, military, geopolitical, every level.  They're not waiting to be independent, they are waiting for the day to celebrate their independence.  Independence is upon them now.

  It is who they are.  That dinar is about to be independent and travel the world like a free little bird and baby I cannot wait to celebrate!  It has been too long.

https://dinarevaluation.blogspot.com/2023/10/rv-update-by-militiaman-angel1-4-oct.html

  When the UST Secretary Rosenberg was here a couple weeks ago, the day after she left, auctions changed...and there were changes after the UN meetings.  There have been tons of changes because things have been signed off.

 Sunday, Alaq makes an official announcement... there's going to be massive important shifts in external transfer mechanism and it says this came after an agreement between the CBI and the US Federal Bank. What they're saying is at the end of the year, January 1, the Central Bank of Iraq's auctions will be completely different.  They will be run like all the other international central banks of the world.  That's what will happen January 1.  That's an announcement.  

https://dinarevaluation.blogspot.com/2023/10/rv-update-by-angel1-militiaman-1-oct.html

Zim dollar update for 12/30/23 - Gas found in Zimbabwe BY PIMPY

Announcement of the start of the cancellation of the dollar in the trading of the “Brix” group, 31 DEC

  Announcement of the start of the cancellation of the dollar in the trading of the “Brix” group, 31 DEC

Iran, like other BRICS members, will abolish the use of the dollar in trade, economic and financial dealings within the group, and has already begun several steps in this direction.

“Within this organization, we have many planned tasks and joint work with other BRICS members,” Iranian Deputy Foreign Minister and Chief Negotiator Ali Bagheri Kayani announced this, an interview with Novosti correspondent.

“One of the most important actions was to eliminate the use of the dollar in commercial and economic transactions and financial cooperation. Activities like this have begun in the work of the BRICS, and we hope to strengthen and grow these activities in order to implement this task as soon as possible.”

The BRICS group includes Brazil, Russia, India, China and South Africa, but more recently 23 countries have already expressed a desire to join this economic bloc.

At the last summit held in Johannesburg in August, the UAE, Saudi Arabia, Iran, Argentina, Egypt and Ethiopia were officially invited to join the BRICS as of January 1, 2024.

https://almutalee.com/news/الإعلان-عن-بدء-إلغاء-الدولار-في-التعاملات-التجارية-لمجموعة-بريكس

"RV UPDATE" BY KAPERONI, 31 DEC

 Kaperoni  

I hope each and every one of you find success in this investment...It may take time.  It may  be another 1 to 5 years.  I certainly hope not but I believe things could happen quickly over the next 36 to 48 months.  It all depends on Iraq. 

...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq.  And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance.

 A country's exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate. Until Iraq passes laws, diversifies their economy and increases their GDP, nothing will happen with the dinar.  When Iraq passed their tripartite  3 year budget a few months back, it created the conditions for them to diversify and privatize their economy over the next three years.  Now Iraq is on the clock to accomplish such.

There's a new article out that many people are translating and confusing. They are not talking about an RV in Iraq, they are talking about the spread being in compliance early next year. 

 Just a reminder the spread is the difference between the official rate and the market rate or street rate and has been way out of whack recently in Iraq. This article simply means they expect the spread to come down closer to the official rate early next year. There is no RV.

    A very important statement was made back in 2020 by the prime minister's economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq's entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation.  It doesn't make sense...

 They...have to have the dinar stabilized within the country and within the 2% rule mandated by the IMF in order to then accept IMF article VIII and begin to float the dinar which would raise its value based on supply and demand.  All of these processes and or steps required time.

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-kaperoni-10-dec_0650267841.html

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-kaperoni-18-dec.html

🔥Iraqi Dinar🔥Pull the Trigger🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

Turkmen leader: The region’s talk about the oil and gas law is a “lie”, 31 DEC

 Turkmen leader: The region’s talk about the oil and gas law is a “lie”, 31 DEC

Information / Baghdad…
Former MP Jassim Al-Bayati confirmed on Sunday that the region had previously rejected the oil and gas law, and will reject the law in its current form because it determines exports and imports and therefore will not meet its interests and desires.

Al-Bayati told Al-Maalouma, “The region is lying to itself when it talks about the oil and gas law and declares support for this law, because it will never be in its interest and will not meet its desires, as it will make all oil companies partners among themselves.”

He added, “The Kurds know that the oil and gas law will determine the amount of exports and imports, as the region will find that this law restricts it, and therefore the region’s talk about supporting the aforementioned law is nothing but a lie.”

He stated that “the region had previously rejected the oil and gas law since 2008, despite the Council of Ministers approving it at the time and sending the law to Parliament, but the Kurds rejected it, stood against it, and went out with demonstrations to reject the law.”

almaalomah.me