Monday, February 26, 2024
Al-Sudani: Strategic Projects Will Work To Attract Partnership And Economic Integration In Iraq, 26 FEB
Al-Sudani: Strategic Projects Will Work To Attract Partnership And Economic Integration In Iraq
Reconstruction and building Economy News – Baghdad Prime Minister Muhammad Shiaa Al-Sudani confirmed on Sunday that major strategic projects will work to attract partnership and economic integration, while pointing to Iraq's foreign position.
Al-Sudani's statements came in a dialogue symposium held by the Baghdad Institute for Dialogue, under the slogan (Regional Communication... The Centrality of Iraq), during which current topics and the course of Iraqi relations with neighboring countries and the world were discussed, and the most prominent positions in this regard were discussed.
Al-Sudani pointed out, at the beginning of his speech during the symposium, the importance of these research institutions in decision-making, and their focus on facts away from confusion and prejudices, indicating that the government has set a basic goal for its work, which is to build trust with the Iraqi street, which is itself a criterion for determining priorities in work. .
On the security axis, he stressed that ISIS today represents a defeated organization. The recent operations of our armed forces have proven its inability to exist even in remote areas. If stability is achieved and the capabilities of our forces develop, they will strengthen the conviction of the possibility of ending the presence of the international coalition and moving towards bilateral relations.
Regarding foreign relations, the Prime Minister stated that Iraq follows a balanced approach, staying away from alliances and axes, and is open to developed relations with everyone, and has the ability to communicate with them, and also has distinguished relations with the United States and Iran.
Al-Sudani reiterated "Iraq's position that rejects its lands being an arena for others' conflict, pointing out the importance of intertwining interests in the region, and the shift from political focus to economic focus."
He continued by saying, "Major strategic projects, such as the Development Road Project, will work to attract partnership and economic integration, and they reinforce Iraq's idea of proposing an economic bloc, as was previously proposed at the Arab Summit, as projects that fuel development and enhance integration between Arab countries." 99 views 02/25/2024 - https://economy-news.net/content.php?id=40836
"SUMMARY OF FRANK26 CALL" BY HERNAN R BRAVO, (ENGLISH& SPANISH), 26 FEB
Sunday February 25, 2024
Frank26: He says
The Minister of Commerce of the GOI (Government of Iraq) and the CBI (Central Bank of Iraq) have formed a committee to review the prices of
Estate. Eliminate black markets.
Walking Stick has said that when you see the price change, it's time to get excited!
That's upon us now. This is the precursor of the new exchange rate!
Frank26 continues... 3 year budget recalculation/cancellation along with this due to new tariff coming
Today the HCL (Hydrocarbon Laws) are being finalized in Parliament
* Sudan at the grand opening of a refinery.
* CBI on government television saying there are no liquidity problems.
* 92% of all higher denomination dinars have been deposited/traded in preparation for using debit cards and new lower denominations.
* New travel mechanism coming soon ONLY to obtain US Dollars. There are restrictions on US dollars for citizens to use only dinars.
*IQD (Iraqi Dinar) has no restrictions.
* Iraq invests in the petrochemical industry as a leader.
* Al Sudani gave an encouraging speech in which he put economic and banking reforms as one of his top priorities.
* Big dispute in the plenary session of Parliament over the HCL law. You are well prepared to receive the new exchange rate
Frank says don't worry about it.
* All government services will be paid electronically in 2024. It is impossible to have a liquidity problem
* CBI goes from company to company... door to door collecting US dollars to get them off the streets.
* Monetary reform is done first to ensure that economic reforms work.
* The KTFA family comes to Chase and opens their accounts
* Red tape and corruption are being eliminated. Inflation will stop
* A monthly bulletin will be published with prices adjusted to address the floating due to currency changes and factors that affect prices in local markets and the mechanism that will be adopted in calculating prices. That is to say. variable due to the upcoming exchange rate and will be floating as soon as the dollar falls and the three zeros come out.
* Conclusion... Frank26 is excited... You should be too...
Greetings
Hernán Robert Hbravo
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TRANSLATION SPANISH:
Domingo 25 Febrero 2024
Sudani issues directives regarding the expansion of Baghdad International Airport, 26 FEB
Sudani issues directives regarding the expansion of Baghdad International Airport
Economy News – Baghdad
Prime Minister Mohammed Shia Al-Sudani directed, on Sunday, to take observations and proposals for plans to develop and expand Baghdad International Airport.
The Prime Minister’s Information Office said in a statement received by “Economy News” that “the Sudanese, chaired a meeting that included representatives of the International Finance Corporation (IFC), and the committee concerned with preparing plans for the rehabilitation and expansion of Baghdad International Airport.”
He added that “the Sudanese was briefed on a detailed report on the prepared plans, implementation mechanisms, and a number of observations were made about them and the most important proposals; to overcome some of the problems facing work.”
Al-Sudani, according to the statement, directed “to take the observations and proposals for the plans for the development and expansion of Baghdad International Airport and discuss them thoughtfully to come up with a vision that is consistent with the government’s approach and direction, with regard to Baghdad International Airport being with specifications that comply with approved international standards, and improves its services, and be an important interface worthy of Iraq’s reputation and civilizational status.”
THE DINAR IS A TIER 2 ASSET BY ARIEL, 26 FEB
The Dinar is a Tier 2 Asset
Sunday, 25 February 2024
What I am about to upload needs to be read carefully. Because it goes back to a lot of what I explained to you all. One thing you need to understand is that you hold what banks need during the transition period.
And that is a Tier 2 asset called the Iraqi Dinar. The article will explain this to you on a formal basis.
By having a strong Tier 2 capital base, banks can weather financial storms more easily and maintain their ability to lend money and support the economy. That’s where you come in. Your IQD is going to play a pivotal role once it is reinstated on the Forex Market
Iraq will officially connect to corresponding foreign banks on March 1st to improve external balances.
After that will be the next big step and that’s becoming Article 8 Compliant and reinstating the IQD on global trade markets. After you read the article you will understand why banks had the meeting on February 20th for Tier 2 assets.
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