DINAR REVALUATION

Tuesday, February 13, 2024

Iraqi Dinar update for 02/12/24 - Walking on egg shells

The Finance Committee Sets The Date For The 2024 Budget Schedules To Reach Parliament, 13 FEB

The Finance Committee Sets The Date For The 2024 Budget Schedules To Reach Parliament

Economy News – Baghdad The Parliamentary Finance Committee announced on Tuesday that the government will send amendments to the 2014 budget schedules to Parliament within a period not exceeding ten days, stressing that it will study these amendments as soon as they reach the committee with the aim of submitting them for approval by the House of Representatives.

Committee member, Moeen Al-Kazemi, said in an interview followed by Al-Eqtisad News, “The government is currently putting the final touches to the amendments it made to the budget schedules through an increase in ration allocations, oil production costs, and an increase in social welfare allocations and others.”

He added, "The government will send the amendments to the 2024 budget schedules to Parliament within a period not exceeding ten days," noting that "the Finance Committee will study these amendments as soon as they reach the committee, with the aim of submitting them for approval by the House of Representatives. "

It is noteworthy that the Finance Committee discussed with the Minister of Finance, Taif Sami, earlier, and the committee heard the problems facing the ministry in preparing the budget schedules for the year 2024, and the plan prepared to fill the deficit, and the interventions of the Finance Committee members included the allocations for governorate projects and how to include them in the 2024 budget schedules. Views 41 02/13/2024 - https://economy-news.net/content.php?id=40419

"I CONTACTED MY REGIONAL BANK MANAGER" BY MARKZ, 13 FEB

Mon. 12 Feb. MarkZ:

“I made contact with my (Florida) Regional bank manager

today and she said that she is aware of the fact that bond holders are starting to “disappear” and go quiet.

I have spoken extensively to her about this process and she said that I need to relax and stop focusing on it. It will happen –and I expect it to happen within the month of February.”

Vietnam Dong✅Vietnamese Dong Massive Update Today 2024 / Veitnam Dong Up...

Iraqi Electricity presents its plans to raise energy production rates to international companies, 13 FEB

Iraqi Electricity presents its plans to raise energy production rates to international companies

The ninth Iraq International Energy Exhibition and Conference opened today, Monday, on the grounds of the Baghdad International Fair, with the participation of international companies and a high level of official presence. The Iraqi Minister of Electricity gave a presentation on the ministry’s plans to increase the rate of energy production.

Over 180 domestic and foreign businesses with a focus on energy matters are taking part in the expo, which runs from February 12–14, 2024.

"BANK STORIES" BY FRANK26, 13 FEB

Frank26

[Alaska Bank Story]

BANK INQUIRER: I called North Rim Bank, they didn't want to talk to me at all because they said I don't have an account. They said I would have to wait 90 days after opening an account before I could even exchange. We scratched that bank off the list. Then I called The Credit Union One and Alaska USA Credit Union. They told me neither one do exchanges.

FRANK: I suggest you need to go to a major bank ...Go to the state bank...

BANK INQUIRER: I called USAA Bank...they do not do foreign cash exchanges. Then I went to Key Bank...They do foreign cash exchanges in the bank. She looked up the currency and nothing shows yet...They do not have a De La Ru Machine they said they'd have to send it out.

https://dinarevaluation.blogspot.com/2024/02/frank26-alaska-bank-story-bank-inquirer.html

[Dallas Chase Bank Story]

BANK VISITOR: Today I get a call from the wealth manager at the Fort Worth location I go to all the time. I talked to her about a year ago about...the dinar and dong...The first thing out of her mouth was about the foreign currency. I said, ok, have you heard anything? She said, no but there's been rumblings, I'm going to get with my higher ups. I thought it was really funny the first thing out of her mouth was the foreign currency.

FRANK: Because she's heard something. She's not going to admit it to you.

BANK VISITOR: ...I said, do me a favor and find out what's going on if you can...She said I've got your number I'll give you a call...I got the feeling from this lady they've got some competition going on even within the banks themselves [for client business].