MarkZ: I know my RV center folks are planning to be on call this weekend.
”The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March”When they say “Next March” They mean this March of 2024 . What does this mean ?
This is all about foreign currencies and International Acceptance! We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.
Comment: I hear they are moving forward wihin 10 days. MarkZ: I was told that their goal is by the 20th…but I could live with 10 days…by the end of February...My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and the banking anticipation …And, a number of sources say we could get it by the 20th now...I think everything is done and we are just waiting on them to release it...My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close.
Earth News / Prime Minister Mohammed Shiaa Al-Soudani received today, Friday, the commander of the Joint Forces of the North Atlantic Treaty Organization (NATO), Admiral Stuart Munch,
A statement from his media office said “Earth News” said that this came on the sidelines of a participation in the Munich Security Conference 2024, indicating that the meeting reviewed the overall security situation in the region, and cooperation between the NATO mission and the Iraqi security authorities, especially in the field of training and intelligence coordination.
It was also discussed “on a number of issues related to logistical support for the NATO mission operating in Iraq, after the withdrawal of the international coalition to fight ISIS, and the Netherlands taking over the mission of the alliance mission next May.”
The Prime Minister praised “the level of cooperation between the Iraqi armed forces and NATO, and coordination in promoting regional and international security and stability.”
For his part, Admiral Munch expressed his appreciation for the government’s facilitation and support for the NATO mission, operating in Iraq.
💢I can't say too much, but I'm hearing that things will begin to move into place this coming weekend. Significant. Just remain in faith and prayerful that it really happens this time.
These posts kinda reinforce what I've been told by several sources:
⬇️ Tap to expand as there's multiple you might want to see ⬇️
Prime Minister: The development road project is a large economic corridor linking the port of Faw with Europe via Turkey
Economy News - Baghdad
PrimeMinister Mohamed Shia Al-Sudani confirmed on Thursday that thedevelopment road project is a large economic corridor linking the portof Faw with Europe via Turkey, while revealing that the port will beopened in mid-2025.
ThePrime Minister's Media Office said in a statement, seen by "EconomyNews", that "Prime Minister Mohamed Shia Al-Sudani attended a dialogueseminar held on the sidelines of his official visit to the Netherlands, in the presence of a group of businessmen and representatives of 40Dutch companies."
Al-Sudani pointed - according tothe statement - to "bilateral relations with the Netherlands, and theaspiration to develop them, especially in the economic aspect," stressing, "Iraq is going through a state of recovery today, at variouslevels, after overcoming the stage of the war on ISIS, in which theIraqi people won, with the support and backing of the internationalcommunity, and the Netherlands was among the countries supporting theseefforts."
On the other hand, he added, "We asked theinternational coalition to end its 10-year mission in Iraq, in light of the readiness and efficiency of the Iraqi security services," noting, "The government has priorities, including reforming the Iraqi economy, and we cannot continue to rely on oil revenues only."
Hecontinued, "We are moving on two tracks: the first is to achieve reforms in various economic, banking and financial sectors, and gasinvestment, and the other is to implement projects that provide jobs andmeet our needs of services and goods," explaining that "Iraq importsannually $ 70 billion of goods (2020), and with the Netherlands we haveimports of about $ 500 million annually." "We havestarted the program of optimal water use, in the conditions of scarcitythat the region and the world are experiencing," he said.
Headded, "We supported farmers and farmers in the acquisition of modernirrigation systems, and we are trying to invest successful experiencesin the Netherlands to confront water scarcity in Iraq," noting that "oneof the outputs of the meeting with the Dutch government is theformation of a cooperation council between Iraq and the Netherlands, tofollow up on all files, including the Agriculture and Water Committee."
Theprime minister stressed, "We succeeded in approving a three-yearbudget, which is a message of stability in the implementation ofprojects without delay," noting that "the Iraq Fund for Development willenter with the private sector in the implementation of projects awayfrom the government, whose role will be planning and organizing."
Forthe first time, the government provides sovereign guarantees to theprivate sector of up to 85% for any project being implemented," he said.
Weneed a group of factories that provide construction materials for newcities and invest in existing natural resources," he said, adding, "Iraqhas adopted the development road project, which is the large economiccorridor that connects the large port of Faw to Europe through Turkey, all the way to the port of Rotterdam."
He alsopointed out that "the development road saves time and transportationcosts, and will contain railways without stopping," pointing out that "the large port of Faw will witness the light and opening in mid-2025, and one of the ships has docked a trial berth on one of its fiveberths."
He added, "We submitted the draft law oneconomic amendments, which will provide an attractive environment forthe private sector, and provide a percentage of ownership for theforeign company up to 100%."
We have embarked on aradical reform of the financial and banking sector, and proceduresrelated to compliance with international standards in remittances," hesaid, stressing that "international and Arab banks have begun to opentheir branches in Iraq."
He pointed out that "allnationalities are currently working in Iraq, and at the level of theEuropean Union, there are French, Italian, German, Spanish and Austriancompanies, as well as Asian, Arab and from the countries of the region."
He concluded by saying: "There is a will and work at all levels of Iraqi state institutions to move to a better reality”
ONCE AGAIN FAMILY……this is referring to the actual “PUBLIC” that has no idea regarding our internet group!!!! If you want to go directly to a bank and get a much lower rate, GO RIGHT AHEAD!
But, if you want to receive a maximized return on your currency/bond(s), wait for the 800 and set an appointment at a designated Redemption Center!!! It’s that plain and simple………