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Parliamentary Finance criticizes the government’s handling of the crisis of the rise in the price of the dollar, 27 FEB

 Parliamentary Finance criticizes the government’s handling of the crisis of the rise in the price of the dollar

Information / Baghdad..
Member of the Parliamentary Finance Committee, Muhammad Nouri, warned on Monday of the impact of the continued rise in the dollar exchange rate on the poor and middle classes.

Nouri told Al-Maalouma, “The reasons for the rise in the price of the dollar are due to misconduct and the monopoly policy practiced by some parties, as well as smuggling, without the government having any realistic solutions to control this issue.”

He added, “The attempts of the government and the Central Bank to solve the problem of the fluctuation of the dollar’s rise are still timid, as the dollar’s exchange rate is still recording a significant increase compared to the official price, and this rise would increase poverty rates in Iraq.”

almaalomah.me

"RV UPDATE" BY NADER FROM MID EAST, 27 FEB

  Nader From The Mid East

  Article:  "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..."

  Very good news, IQD decreasing.  Wow.

 The RV will not happen if no one declares the end of the war...we still on war.  In  December 2021 they took troops out... but they never declared the end of the war...and they never took out the international coalition.  

For everything to happen they have to declare the end of the war.  The international coalition have to be out of there.   The soldiers of United States have to be out of there.  Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.    

Coffee with MarkZ. 02/27/2024

Deleting Zeros Activated!💣Reinstatement = $3.21?🤔Iraq Dinar RV Updates |...

Iraqi Dinar🔥 Iraq's Printing New Currency Today 2024🔥iraqi dinar rate up...

Revealing A Movement To List Government Bonds In The Markets, 27 FEB

 Revealing A Movement To List Government Bonds In The Markets

Economy |  02/26/2024   Mawazine News – Baghdad   The Iraqi Securities Commission highlighted, on Monday, the importance of government bonds, noting that they provide financial liquidity for investment projects, while revealing the existence of a movement from the Central Bank to list government bonds in the markets.

The Chairman of the Authority, Faisal Al-Haims, said in a statement to Mawazine News, “Three issues of government bonds were issued, as the first and second issues were launched, and now there is the third issue.”

He pointed out that “there are requests from the Central Bank of Iraq to list these bonds in the market,” noting that “those bonds are debt securities owed by the Iraqi government, in exchange for interest given to the owner of this bond.”

Al-Haims explained, “This measure will provide financial liquidity for the investment projects launched by the Prime Minister and his government,” suggesting that they “will be crowned with goodness and success for the Iraqis.”

Government bonds are a type of debt-based investment, where you lend money to the government in exchange for an agreed interest rate. Governments use them to raise money that can be spent on infrastructure or new projects, and investors can use them to obtain set returns, paid at regular intervals.    https://www.mawazin.net/Details.aspx?jimare=242771