International Migration: We Contribute With The Iraqi Government To Implement Economic Recovery Programs, 20 FEB

 International Migration: We Contribute With The Iraqi Government To Implement Economic Recovery Programs

Money  and business   Economy News – Baghdad   On Monday, the International Organization for Migration mission clarified its role in Iraq, while noting its cooperation with the Iraqi government to implement economic recovery programs and support community integration.

The head of the organization’s mission in Iraq, Georgi Jikawi, said, “The mission is working with the Ministry of Migration and Displacement as a competent sectoral body to support its steps in implementing the voluntary and safe return of the displaced, starting with humanitarian aid, camp management, and voluntary and safe return,” according to the official agency.

Regarding the return of Iraqi immigrants, Jikawi explained, “The role of the International Organization for Migration begins when they return to Iraq, and it has no role while they are in Europe,” indicating that “the organization contributes, in cooperation with the Iraqi government, to implementing economic recovery programs and supporting community integration again.”

Views 72 02/19/2024 -  https://economy-news.net/content.php?id=40639

"RV UPDATE" BY MILITIAMAN, 20 FEB

 Militia Man  

One of the things that's important is what we didn't have in the past was banks talking to us at the length that they are now...

Article quote  "...Iraq will return to being a strong economic player."  If they're not a strong economic player at 1310 why would they be tomorrow?  ...Iraq's not going to go international until they show us a Real Effective Exchange Rate.  I'm looking forward to it.  I think it's going to be powerful. 

 [Mr. IT Guy Bank Story] 

My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back.  

 MILITIA MAN:   My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals. 

My wife and I...were looking for a Chase branch that had  JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took  it upon himself to call the branch yesterday.  He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.  

The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in  after the revalue..

As soon as it hits Forex he's going to start making  phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for  those customs that are planning on leaving the establishment with large sums of cash... 

 MILITIA MAN: ...Is it a coincidence that  this expert came out tonight and talked about deletion of the zeros?  We're going to find out.  It's pretty interesting stuff. 

https://dinarevaluation.blogspot.com/2024/02/complete-mr-it-guy-bank-story-by.html

🔥 Iraqi Dinar 🔥 Preparing to do it on March 1st 🔥 News Guru Intel Update...

The Stability Of The Dollar Exchange Rates In Baghdad With The Closure Of The Stock Market, 20 FEB

 The Stability Of The Dollar Exchange Rates In Baghdad With The Closure Of The Stock Market

Economy   Monday, February 19, 2024 Baghdad/National News Center   The prices of the US dollar stabilized against the Iraqi dinar in Baghdad, today, Monday, in Baghdad, with the stock market closed.

The National News Center correspondent said, “Dollar prices stabilized with the closure of the main Kifah and Harithiya stock exchanges in Baghdad, recording 152,200 Iraqi dinars for 100 dollars, which are the same prices recorded in the morning.”

He added, “Selling prices in exchange shops in local markets in Baghdad stabilized, as the selling price reached 152,500 dinars for 100 dollars, while the purchase price reached 151,500 dinars for 100 dollars.”    https://nnciraq.com/251136/

"RV UPDATE" BY SANDY INGRAM, 20 FEB

 Sandy Ingram 

 There is an organized effort in Iraq to never revalue or increase the value of the currency abasing the US dollar or to provide profits for people in the west...Between the different factions within Iraq, revaluing their currency, even when they can afford it, may not be on their agenda...

 Iraq is getting closer to a currency reset...Iraq's rail plans have investors worldwide watching carefully...The rail connection in Iraq from the Gulf to Europe will change Iraq's economy.  This same method of increasing the GDP was recently used by Mexico when they built a connecting rail system...Mexico's exchange rate increased against the US dollar and now Americans are spending more money to live in Mexico...This is one of the major paths that can lead to a higher GDP and a higher value in the currency.  The project is set to start in early 2025.

The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry.  Iraq holds a significant amount of the world's history within its borders...What is  needed is security and safety for travelers.  Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq's GDP. 

 "  Iraq's central bank revokes Iran's Bank Melli operating license"  This article tells us the US is serious about not allowing Iran to have access to US dollars.  It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve.

 Vietnam is making major financial news.  Vietnam factory activity returns to growth status after the pandemic, tourist arrivals increased by 73.6% in January and retail sales are still growing for the 26th straight month.  The inflation rate is at a five month low of 3.7%.  Overall Vietnam has green lights on all growth patterns...Vietnam knows precisely what to do to bring the value of its currency back into the line of profit...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-sandy-ingram-12-feb_040016202.html

🔥 Iraqi Dinar 🔥 Going to be Powerful 🔥 News Guru Intel Update IQD Rate V...

Iraq confirms World Bank’s intention to promote fiscal policy reforms, 19 FEB

 Iraq confirms World Bank’s intention to promote fiscal policy reforms

Finance Minister Taif Sami Mohammed received today, Monday, Winston Cole, Director of the Financial Management Project at the World Bank and members of the accompanying delegation.
“During the meeting, the aspects of relations between Iraq and the World Bank were reviewed, especially in light of the existing cooperation program to complete the implementation of economic reforms adopted by the Iraqi government,” the ministry’s media office said in a statement reported to Mawazine News.

He added that Taif expressed “appreciation for the fruitful partnership between the two sides, stressing the Iraqi government’s keenness to continue it, and the positive climate it provides to all investors and global financial markets on the Iraqi economy, stressing at the same time the determination of the Iraqi government to continue to promote structural reforms related to financial and monetary policies and maximize the role of the private sector in development.”

Cole pointed out that “the World Bank looks forward to continuing distinguished relations of cooperation with Iraq and its support for economic reforms in it, praising the performance of the Iraqi economy and the flexibility and resilience it has shown in the face of negative repercussions caused by global economic fluctuations, stressing the bank’s continuation in strengthening joint work with the Iraqi government to improve the overall indicators of the economy, deepen the participation of the private sector and complete the ongoing development work.”

https://www.mawazin.net/Details.aspx?jimare=242368