Monday, January 29, 2024
Resources: 27 projects to be initiated in 2024, 29 JAN
Resources: 27 projects to be initiated in 2024
Economy News _ Baghdad
The Ministry of Water Resources has started 16 projects for the current year, revealing that it has completed 11 other projects last year.
Minister Aoun Diab Abdullah said in an interview with "Al-Sabah" followed by "Economy News", that the ministry owns within the government program, 27 projects, 11 of which were completed during the past year, while the competent technical and engineering staff began implementing the remaining 16 at the beginning of this year, which he noted that some of them achieved varying completion rates in previous times before stopping for several reasons.
He pointed out that the 11 projects completed during the past year are reclamation operations for each of the lands of Suwaihiyah in Muthanna, a section of Hor Najm, part of the lands of the Shafi'i Diwaniya, part of the lands of Bani Hassan, ten thousand dunums in Husseiniya, and part of the lands of Ramadi, in addition to the rehabilitation of part of the first phase of the northern island irrigation project, in addition to the establishment of Nazim Sadr Al-Shatra in the district of Shatrah, with the preparation of electrical and mechanical equipment to install a pumping station in Hor Najm, in addition to the completion of From the northern part of the water channel to the Shatt al-Arab.
Regarding the 16 projects that began work at the beginning of 2024, Abdullah explained that they include the reclamation of 20,000 dunums as a fourth phase in the Saad River project and will be completed by the end of 2024,
In addition to the reclamation of 15,000 dunums, in addition to 20,000 dunums in the Saad River, which has already completed 86% of its work, in addition to the reclamation of seven thousand dunums of Husseiniya lands and will be completed during the next month, in addition to large numbers of projects in Dhi Qar Governorate with an area of 14,200. Dunums, as well as the start of the critical area works for the Basra water project, and the reclamation of 36,000 dunums for the (Diwaniyah-Shafi'i) project, 77 percent of which was previously completed, while it will be completely completed during the current year.
"IRAQ & VIETNAM WILL GO THROUGH THE TESTING PHASE OF UPI SYSTEM" BY FREEDOM FIGHTER VIA TELEGRAM, 29 JAN
GOLDILOCKS:
Google and UPI Announcement:
Today, Google's partnership with India takes the UPI payment system global.
FREEDOM FIGHTER
What this post by Goldiocks shows is an announcement by Google that they have partnered with UPI thus it becoming a global payment system.
UPI has already been approved by the global regulators. Countries like Iraq , Vietnam , Indonesia and others are going through the testing phase of the system
Communications discusses the implementation of issuing biometric identity to employees of government departments, 29 JAN
Communications discusses the implementation of issuing biometric identity to employees of government departments
Minister of Communications, Hiyam Al-Yasiri, chaired the meeting of the executive team to issue biometric identification for employees of government departments, in the presence of a number of officials in ministries and government institutions.
The Ministry stated in a statement: “The meeting included a discussion of the possible steps and the next stages that will be finally approved, in order to prepare the approved standards for implementation. The material and technical capabilities available to the government agencies charged with issuing the identity to be a government identifier were also discussed.”
It is noteworthy that the project is currently in the process of completing the organizational and administrative procedures and submitting the recommendations proposed by the executive team to be presented to higher authorities for approval. link
"RV UPDATE" BY PIMPY, 29 JAN
Pimpy
Iraq has a few more things they really have to fix. Taxation [and] their tax system in general. In addition to that they have to learn how to balance a budget...Balancing their budget, fixing their tax system would go a long ways in Iraq...
If you increase your money supply that is going to cause the value of your currency to go down. Think supply and demand. The more you have of something the less valuable it is. What does that mean?
You have to get rid of the 3-zeros. By getting rid of the 3 zeros you need less bills to make purchases...
90% of Iraq's exports are in oil... Remember Iraq wants to be competitive in the trade market. Increases in their exchange rate would cause the items they are exporting to go up in cost. Since 90% of the exports is oil, this is different...An increase in Iraq's exchange rate could lead to a stronger Iraqi dinar relative to other currencies. This would mean for each unit of oil sold, Iraq would receive more foreign currency.
Iraq's revenues from oil exports could potentially rise. So they can increase their exchange rate and what they could do to balance that increase in their exchange rate is either increase or decrease their oil production...We also know their foreign currency reserves have increased to $115 billion. Increasing the exchange rate would also increase their currency holding, which is good because they can us that to protect the Iraqi dinar. Increasing the exchange rate would benefit Iraq big time.
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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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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...