What I am about to upload should be read carefully. Because it goes back to a lot of what I explained to everyone. One thing you need to understand is that you have what the banks need during the transition period.
And that is a Tier 2 asset called the Iraqi dinar. The article will explain this to you formally.
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 into play. Your IQD will play a vital role once you re-establish yourself in the Forex market.
Iraq will officially connect with relevant foreign banks on March 1 to improve external balances.
After that will come the next big step: complying with Article 8 and restoring the IQD in global trade markets. After reading the article, you will understand why banks held the meeting on February 20 for Tier 2 assets.
TRANSLATION SPANISH
Sábado 24 Febrero 2024
Ariel : Dice
Lo que estoy a punto de subir debe leerse con atención. Porque se remonta a mucho de lo que les expliqué a todos. Una cosa que debe comprender es que tiene lo que los bancos necesitan durante el período de transición.
Y ese es un activo de Nivel 2 llamado dinar iraquí. El artículo le explicará esto de forma formal.
Al tener una sólida base de capital de Nivel 2, los bancos pueden capear las tormentas financieras más fácilmente y mantener su capacidad para prestar dinero y respaldar la economía. Ahí es donde usted entra en juego. Su IQD desempeñará un papel fundamental una vez que se restablezca en el mercado Forex.
Irak se conectará oficialmente con los bancos extranjeros correspondientes el 1 de marzo para mejorar los equilibrios externos.
Después de eso, vendrá el siguiente gran paso: cumplir con el Artículo 8 y restablecer el IQD en los mercados comerciales globales. Después de leer el artículo, comprenderá por qué los bancos celebraron la reunión el 20 de febrero para los activos de nivel 2.
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
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
Frank26 : Dice
El Ministro de Comercio del GOI (Gobierno de Irak) y el CBI (Banco Central de Irak) han formado un comité para la revisión de los precios de
Bienes. Elimina los mercados negros.
Walking Stick ha dicho que cuando veas la modificación de precios, ¡es hora de emocionarse!
Eso está sobre nosotros ahora. ¡Este es el precursor del nuevo tipo de cambio!
Frank26 continúa... Recálculo/cancelación del presupuesto de 3 años junto con esto debido a la nueva tarifa que viene
Hoy se ultiman en el Parlamento las HCL (Leyes de Hidrocarburos)
* Sudán en gran inauguración de una refinería.
* CBI en la televisión del gobierno diciendo que no hay problemas de liquidez.
* El 92% de todos los dinares de denominación superior se han depositado/negociado en preparación para utilizar tarjetas de débito y nuevas denominaciones inferiores.
* Próximamente nuevo mecanismo para viajes SÓLO para obtener Dólares Estadounidenses. Existen restricciones en dólares estadounidenses para que los ciudadanos utilicen solo dinares.
* IQD (dinar iraquí) no tiene restricciones.
* Irak invierte en la industria petroquímica como líder.
* Al Sudani pronunció un discurso alentador en el que puso las reformas económicas y bancarias como una de sus principales prioridades.
* Gran disputa en el pleno del Parlamento sobre la ley HCL. Está bien preparado para recibir el nuevo tipo de cambio
Frank dice que no te preocupes por eso.
* Todos los servicios gubernamentales se pagarán electrónicamente en 2024. Es imposible tener un problema de liquidez
* CBI va de empresa en empresa... puerta a puerta recogiendo dólares estadounidenses para sacarlos de las calles.
* La reforma monetaria se hace primero para garantizar que las reformas económicas funcionen.
* La familia KTFA llega a Chase y abre sus cuentas
* Se están eliminando los trámites burocráticos y la corrupción. Se detendrá la inflación
* Se publicará un boletín mensual con precios ajustados para atender la flotación por cambios de moneda y factores que afectan los precios en los mercados locales y el mecanismo que se adoptará en el cálculo de precios. Es decir. variable por el tipo de cambio que viene y estará flotando en cuanto el dólar baje y se salgan los tres ceros.
* Conclusión... Frank26 está emocionado... Tú también deberías estarlo...
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.”