Article "Parliamentary Finance Committee: A surplus of more than 10 trillion in the 2023 budget”
Quote "The total revenues of the Iraqi state, as of November 2023, amounted to more than 121 trillion dinars, while expenditures amounted to more than 110 trillion dinars, which means there is a surplus of more than 10 trillion dinars, according to the Iraqi Ministry of Finance .
Article "An exciting statement by Al-Sudani: How will Iraq double its non-oil revenues by 200% in just two years?" Quote "For oil revenues to be 80% of total revenues, non-oil revenues must be more than 24 trillion dinars, which means doubling them by about 200% of their current number"
Article "For the first time...the assets of Iraqi banks record an unprecedented number" quote “the volume of assets of Iraqi banks operating in Iraq amounted to more than 202 trillion dinars, which is the first time that it has exceeded the barrier of 200 trillion dinars.”
Information/private.. Member of the House of Representatives, Jassem Al-Atwani, confirmed today, Monday, that the American side is obstructing some agreements that are in the interest of Iraq, while he stressed that the current government is continuing to liberate itself from American hegemony, on the military side.
Al-Atwani said, in an interview with the Maalouma Agency, that “the government proceeded to liberate itself from the agreements that were imposed on Iraq after the Gulf War, including exit from Chapter Seven, and restricting the country in terms of choosing its military fate.”
He added, “The government concluded agreements with countries that were banned from Iraq by America,” stressing that “the American administration always obstructs military agreements that are in the interest of Iraq.”
The member of the House of Representatives explained, “Washington previously obstructed the Russian arms agreement, after it negatively interfered with the deal, and ultimately failed the agreement,” adding, “There is no article in Iraqi law that requires Baghdad not to choose the appropriate weapons to defend the country.”
Earlier, a member of the Parliamentary Security and Defense Committee, Waad Qaddo, confirmed that arming the security forces is not at the required level, indicating that the American side greatly affects the arming of the Iraqi forces, especially with regard to the issue of aviation.
The United States of America continues to dominate and control arms purchase contracts for Iraq amid a major loss of most of the weapons that were imported, in addition to the high price that reaches several times the price of what is available in other countries and with higher efficiency.
I never said it's not going to happen. It absolutely will but it's going to go up in increments IMO. Is Iraq doing what they need to do to get back on track? They are. What are the biggest hurdles? They need to do something about corruption...Unless these things change we're going to have a hard time getting to where we're trying to...change the exchange rate.
[Response to Nader's Iraq's economy is one of the best in the world below] No it's not. Not right now...There are other contributing factors...I agree in the future [they're going to be fine] but I'm talking about now...Anything is possible in the future but in their current position these things are what's wrong that need fixed...
Today, Monday, the Al-Fatah Alliance identified ways to force the American administration to withdraw its forces and leave Iraq, while considering the diplomatic system with the Americans “will not work.”
The leader of the coalition, Ali Hussein, said in an interview with the “Al-Ma’louma” agency, “Iraq has many great experiences with America. It refuses to leave the country, and the diplomatic system will not work for it,” stressing “the necessity of using two systems with the American administration to force it to leave the lands.” “Iraqiya.”
He added, “The first system is resistance, through which the Iraqis succeeded in 2011,” pointing out that “the second system is political action, and they must be together in one vessel to get rid of the American occupation.”
The leader of the Al-Amiri coalition explained, “The experience of 2011 accurately embodied the two regimes, as the former Prime Minister, Nouri al-Maliki, was dealing politically with the American side, while the resistance factions touched the heads of the Americans, until they left Iraq.”
Hussein stated, “The current government must deal with the same political approach with Washington, and prepare the ground for its exit, while the resistance continues its strikes and will not stop at a certain limit, except with the departure of the last combat soldier from Iraq.”
Earlier today, the Islamic Resistance in Iraq claimed responsibility for targeting the “occupied” Ain al-Assad base with drones.
The Iraqi resistance continues to launch attacks against the bases of the American forces since the start of Operations Al-Aqsa Flood in Palestine, in response to the crimes committed by the enemy against the Palestinian people in Gaza.
Iraq is again discussing the change in dinar value openly. This makes more than 4 articles etc…in the last week. They are expecting a major change in the valuation of their currency soon.Also still talking about pegging to a basket of middle eastern currencies in order to compete with the US dollar. Also in the news there seems to be big happenings in the Iraqi currency auctions.
Bringing in much more dinar. They are making all the moves we expect to see just before a revaluation. They are telling us it is coming… it is very clear how close we are.
Comment: Vietnam is sitting really pretty in their economy. They are main processors of silver! And get this, Cinnamon! MarkZ: News from Vietnam: “Vietnam treads the path to becoming an International Financial Hub” There is a lot of pressure from countries around the world for Vietnam to move their currency value up. Great things happening there.