"ANALYSIS OF IRAQ NEWS: "THERE'S ONLY ONE REASON." BY FRANK26, 7 MARCH

 KTFA

FRANK26: "THERE'S ONLY ONE REASON.".....F26

Revealing the reasons for the delay in the arrival of amendments to the budget schedules to Parliament

 
3/5/2024

Baghdad..

Deputy Chairman of the Parliamentary Planning Committee, Muhammad Al-Baldawi, revealed, on Tuesday, the real reasons behind the government’s delay in sending amendments to the current year’s budget schedules to the House of Representatives for the purpose of approval.
Al-Baldawi told Al-Maalouma, “The delay in sending amendments to the 2024 budget schedules to Parliament is due to several reasons, including the ministries not completing their plans regarding the lagging projects, as the government is working to close this file, as well as the difference in prices and currency values.” (THIS IS THE REASON, NOTHING ELSE -F26)

He added, “Among those reasons relates to the schedules and amounts allocated to the Kurdistan region of Iraq, especially after the recent decisions issued by the Federal Court, which obligated the government to do so.”
He pointed out that “most of these reasons and obstacles have been overcome by the government and will be sent to Parliament very soon.”

LINK

Iraqi Dinar🔥Latest Exchange Rates Today IQD Against USD 2024🔥iraqi dinar...

"RV UPDATE" BY GOLDILOCKS, 7 MARCH

 GOLDILOCKS

What have we learned the last few days about the Iraqi Dinar?

Yes, a rate has been on the back screen for years, but it is not tradable until it goes to the front screen for you and me.

Our Global Economy is in process of redefining and recalculating currency values. Specifically, we are undergoing pilot programs to determine regulations on the use and the amount needed to level the playing field in trade among countries. 

These are measured in units of account in the banking world. Each unit of account currently has a digital value and a commodity value inside what we are currently calling a tokenized asset going forward. 

These new pending prices are what many are calling a Global Currency Reset. This is why new laws have been coming into effect on our new digital economy the last two and almost a half years to solidify real values going forward. 

Real values are necessary for the new Quantum Financial System to calculate with precision and speeds we have never seen before in history, and not, artificial values controlled and determined by a single country. 

This is the year to determine these new values going forward that will affect our Global Economy for generations to come.

© Goldilocks 

https://www.financemagnates.com/cryptocurrency/from-dirhams-to-digital-uaes-cross-border-payment-unveils-the-future-of-finance/

"ANALYSIS OF IRAQ NEWS: "IMF... WB... UST... THE FLOOR IS NOW SPOTLESS!!!" BY FRANK26, 7 MARCH

 KTFA

FRANK26: "IMF... WB... UST... THE FLOOR IS NOW SPOTLESS!!!"...............F26

Economist: Implementing the automation system is a devastating blow to money smugglers

3/5/2023

Baghdad

Economic expert Abdul Hussein Tawfiq confirmed today, Tuesday, that implementing the automation system in the banking system is a devastating blow to money smugglers and corrupt people.

Tawfiq said in an interview with Mawazine News, “Implementing the electronic “automation” system is in the interest of Iraq and will generate abundant funds for it.”

He added, "The tone of Finance Minister Taif Sami was very nervous, which indicates the presence of parties obstructing the implementation of the automation system."

He pointed out that "implementing the automation system will enable the state to limit corruption and end smuggling operations."
Tawfiq pointed out that “implementing the automation system is a step in the right direction by the government.”
He continued: "We hope for the best if the automation system is implemented in Iraq and it will generate a lot of money for the state treasury."

LINK

"RV UPDATE" BY SANDY INGRAM, 7 MARCH

 Sandy Ingram  

 In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country.  

All Iraq has to do is implement safety for tourists.   Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...

Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith.  There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon.

Vietnam Dong latest rate today some positive news 🔥VND rates update 🔥Vie...

"ANALYSIS OF IRAQ NEWS:"ALL THEY TALK ABOUT IN IRAQ IS THE NEW EXCHANGE RATE" BY FRANK26, 7 MARCH

 KTFA

FRANK26: "ALL THEY TALK ABOUT IN IRAQ IS THE NEW EXCHANGE RATE"..........F26

The Sudanese advisor details Iraq's financial situation and addresses exchange rates

3/5/2024
Baghdad
 

Today, Tuesday, the Prime Minister’s Advisor for Financial and Economic Affairs, Mazhar Muhammad Salih, stated the real growth rate in Iraq’s non-oil gross domestic product, while referring to Iraq’s financial situation.

Saleh said, in an interview followed by “Al-Iqtisad News,” that “the basis comes from the strength of the foreign asset reserves that Iraq possesses, which exceed 100 billion dollars, and they are the cover of the national currency, which means that there is complete coverage of the national currency issued in foreign currency, which provides "Ideal stability for the Iraqi dinar exchange rate, in addition to the fact that these foreign reserves embody Iraq's commercial efficiency, as these reserves cover more than 15 commercial months, while the global standard is only three months."

He added, "We must not forget that the surplus in the current account of the balance of payments relative to the gross domestic product also did not fall below (positive 8%), which is a high indicator that reflects the strength of the external sector in the national economy, that is, its stability and growth."  

He pointed out that "the real growth rate in Iraq's non-oil gross domestic product has touched (6%), and it expresses the growing activities of important sectors, most notably the reconstruction, construction and housing movement, and the development of the transport and digital communications sector, and there is a continuing movement in developing the agricultural sector thanks to government support for crops." We expect Iraq’s grain production in the next few months to reach 6 million tons.”

LINK