Friday, January 19, 2024
Evening News with MarkZ. 01/18/2024
The Sudanese concludes his visit to Switzerland and returns to Baghdad, 19 JAN
The Sudanese concludes his visit to Switzerland and returns to Baghdad
Prime Minister Mohammed Shia Al-Sudani returned to the capital Baghdad after the conclusion of his participation in the Davos Economic Forum 2024, in its 54th session, in Switzerland.
Al-Sudani participated in the dialogue session within the work of the forum, which was moderated by the editor-in-chief of the journalist (Politico) news site John Harris, and held on its sidelines a series of meetings and meetings, which are the following:
■ Meeting with French President Emmanuel Macron
■ Meeting of the President of the Swiss Confederation Viola Amherd
■ Meeting of the Secretary-General of the United Nations Antonio Guterres
■ Meeting of the Secretary-General of the North Atlantic Treaty Organization (NATO)
■ Meeting the US National Security Advisor
■ Meeting with the President of the World Bank Group
■ Meeting with the Director General of the International Monetary Fund
■ Meeting with the President of the European Commission
■ Meeting of the President of the European Bank for Reconstruction and Development (EBRD)
■ Meeting of the Saudi trade and investment ministers
■ Meeting of the delegation of the International Finance Corporation (IFC)
■ JPMorgan Regional CEO Meeting
■ Meeting of the Secretary-General of the Digital Cooperation Organization
■ Meeting with the President of HKN Energy Oil Company
■ A working meeting with 57 international companies specialized in oil, energy and other economic fields
■ Meeting with Bloomberg website
■ Interview with The Wall Street Journal
https://alforatnews.iq/news/السوداني-يختتم-زيارته-الى-سويسرا-ويعود-الى-بغداد
"ATTENTION IRAQI CITIZENS... MORE OF YOUR MONETARY REFORM EDUCATION!!!" BY FRANK26, 19 JAN
KTFA:
Frank26: "ATTENTION IRAQI CITIZENS... MORE OF YOUR MONETARY REFORM EDUCATION!!!"......F26
Clare: An economic expert calls for using a basket of currencies to evaluate the Iraqi dinar
1/17/2024
Economic affairs expert, Raad Tawij, called today, Wednesday, for the use of a basket of currencies, whether the euro, the Chinese yuan, or the UAE dirham, in valuing the Iraqi dinar in a way that competes with its valuation in the dollar.
Tawij said in a statement to the National Iraqi News Agency ( NINA ): “As a result of the high competitiveness of the Iraqi economy in the field of monetary and commodity use in its trade exchange with other countries, and as a result of its use of the dollar at a rate of 95% within the framework of the Iraqi electronic platform and for the most diverse monetary exchange and to prevent the monopoly of a country’s currency.”
One on the platform, so a basket of currencies, whether the euro, the Chinese yuan, or the UAE dirham, must be used to value the Iraqi dinar in a way that competes with its value in the dollar.”
He stressed, "Allowing users of this basket of currencies to use the electronic platform will contribute to creating monetary balance and addressing any deficit in other currencies." LINK
The International Monetary Fund praises the Iraqi steps in the field of the financial and banking system, 19 JAN
The International Monetary Fund praises the Iraqi steps in the field of the financial and banking system, 19 JAN
Information/Baghdad..
Prime Minister Muhammad Shiaa Al-Sudani confirmed, on Thursday, that the government’s plans in the field of economic and financial reform are the gateway and basis for all reforms, while the International Monetary Fund praised the Iraqi steps in the field of the financial and banking system.
The Prime Minister’s Media Office said, “Al-Maalomah” received, “Al-Sudani received in Davos the Director General of the International Monetary Fund, Kristalina Georgieva, on the sidelines of His Excellency’s participation in the Davos Economic Forum held in Switzerland.”
He added, “During the meeting, financial cooperation relations between Iraq and the International Monetary Fund were discussed, within the framework of supporting the development path in Iraq.”
Al-Sudani pointed out that “the government’s plans in the field of economic and financial reform, as a gateway and basis for all the reforms that the government plans in all vital sectors.”
Georgieva welcomed “Iraq’s accession to a non-financial program to support economic reforms, as meetings with the Fund begin next month to implement this program. She also praised the steps taken by the government in the field of the financial and banking system, and improving the business and investment environment, expressing her understanding of Iraq’s peculiarity.” And the challenges it faces.”
almaalomah.me
"THE WHOLE INTERNATIONAL WORLD IS AWARE OF SUDANI'S MONETARY REFORMS & THEY ALL WANT A PART OF IT!! BY FRANK26, 19 JAN
Frank26: "THE WHOLE INTERNATIONAL WORLD IS AWARE OF SUDANI'S MONETARY REFORMS & THEY ALL WANT A PART OF IT!!!".........F26
International Finance Corporation: We want to expand our business in Iraq as an investment region
1/17/2024 Baghdad
The International Finance Corporation announced, on Wednesday, its desire to expand its work in Iraq as an attractive region for investment.
The Prime Minister’s media office said in a statement, seen by Al-Iqtisad News, that “Al-Sudani met in Davos with a delegation from the International Finance Corporation/IFC, headed by Executive Vice President Mokhtar Diop.”
The statement added, "The meeting witnessed a review of the prospects for cooperation between Iraq and the international institution, a member of the World Bank Group, in light of the Iraqi government moving forward with economic reforms and implementing major strategic and investment projects."
Al-Sudani confirmed, according to the statement, “the government’s readiness to develop the scope of cooperation and partnership with the international institution, especially after the signing of a contract between the Civil Aviation Authority and the international institution to prepare an investment portfolio regarding the Baghdad International Airport development project to be on the same level as international airports, and compatible with international standards in a comprehensive manner.”
For its part, the International Finance Corporation delegation expressed its desire to expand its work in Iraq as an attractive region for investment, as well as to participate in the Strategic Development Road project and the major projects attached to it. LINK
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