Prime Minister: We Cannot Witness Reconstruction And Services Without Achieving Stability, 11 march

 Prime Minister: We Cannot Witness Reconstruction And Services Without Achieving Stability

Sunday 10, March 2024 19:44 | Political Number of readings: 285

Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani said today, Sunday, that we cannot witness reconstruction and services without achieving stability.

Al-Sudani added in a speech during his meeting with a group of residents and notables of the city’s district in Basra, according to his media office, that “north of Basra is witnessing the existence of projects, some of which are implemented,” pointing out that “fighting corruption is not only the official’s task, but rather requires community awareness.”

He explained, "We must improve the type of service provided to citizens by addressing negatives and corruption," stressing that "we cannot witness reconstruction and services without achieving stability."

He stressed that "the issue of tribal conflicts must end and the state must be supported in performing its duties," indicating that "Iraq today is on the right track."

Al-Sudani concluded by saying: “It is time for the people to enjoy security and stability.”/End 9

https://ninanews.com/Website/News/Details?Key=1112264

"WHERE THE BANKS WOULD GET THE CASH LIQUIDITY THAT THEY NEED?" BY TRUTH WARRIORS, 11 MARCH

 TRUTH WARRIOR

🇺🇸💥🇺🇸. Remember that on March 11, Monday, there won’t be anymore money to lend for loans.  What will the banks do? 💥💥💥. How long would that go on before the banks break not having any money? Boom boom boom 💥💥💥.

 What they will need is their own liquidity of cash.  💰💰💰. 

Where would they get the cash liquidity they need?? 

From the people redeeming their foreign currency. 💥💥💥.

 That money will be immediately invested in the banks at a special high interest rate!  💥💥💥.

 It will be a win-win situation for everyone!  Let’s Go! 🇺🇸💥🇺🇸👇👇👇

EXCITING NEWS TODAY by SIMPLY LINN

42:37 Bank Story

With its rise locally.. Revealing Iraq’s gold reserves, 11 MARCH

With its rise locally.. Revealing Iraq’s gold reserves

The economic adviser to the Prime Minister, Mazhar Mohammed Saleh, revealed the volume of the Iraqi gold reserve at the Central Bank of Iraq.

Saleh told {Euphrates News} “A distinction should be made between commercial gold that is fundamentally imported and cash gold, which is an integral part of the country’s foreign reserves, as cash gold falls within the diversification of the investment portfolio of the monetary authority, and the figures indicate that it is more than 132 tons of cash gold and within the safe range of the country’s foreign reserves.”
He added, “As for commercial gold, it is regulated by a law and instructions subject to the controls of commercial regulations and the Gold Labeling Law, which is responsible for the Central Agency for Standardization and Quality Control, marking and protection of gold assets supplied to the country as a national wealth.”
Local markets in Baghdad are witnessing an increase in gold prices, as the price of selling a gram {weight} reached 465,000 dinars.
An economist, Salah Nouri, revealed the reasons for the rise in gold prices.
“What is happening at the present of the rise in gold jewelry is the result of the increase in the demand for it, every commodity, when the demand for it increases, its price rises, and so far this makes economic sense,” said Nuri Al-Euphrates News.
“But most importantly, why has the demand for gold jewelry increased at the present? I think that the citizen is tending to save in it instead of the dollar, and this is a weak reason, and most likely that dollar speculative traders are turning towards gold instead of dollars for reasons of speculation or smuggling, because individual citizens have limited need for gold jewelry on occasions,” Nouri said.
A source familiar with {Euphrates News} said that one of the reasons for the rise in gold prices was due to (the weak confidence of citizens in banks), so they withdrew the amounts deposited in banks and went towards gold.

Raghad Daham

 https://alforatnews.iq/news/مع-ارتفاعه-محلياً-كشف-إحتياطي-العراق-من-الذهب

"RV UPDATE" BY PIMPY, 11 MARCH

 Pimpy

  Does Iraq have the potential to have a more valuable currency than Kuwait? 

 Yeah absolutely...They have way more resources.  As a matter of fact...Iraq is in the top 5 worldwide for the most resources.  So, yeah, they have the  potential to be there.  There just not there yet...They have a lot more things to export than Kuwait does but they have to get past  these hurdles.  I think they will.     

 We're staying grounded...about the possibility of getting a huge payday.  Remember it's only a possibility, just like there's a possibility they could re-denominate before they change the exchange rate...Re-denomination has nothing to do with the exchange rate .  We want the exchange rate to change, not the Iraqi currency to delete the zeros.  We don't want that to happen...Stop rooting for the deletion of the zeros.  You don't want that to happen.

TALKING THE RV PROCESS YOU READY BY SIMPLY LINN

"RV UPDATE" BY FRANK26, 11 MARCH

  Frank26  

In November, December we started sending you [to the banks].  You came back with, oh, man they don't know nothing.  They say it's a scam.  Even the banks you bought the dinars from say it's a scam.  Then in January we started to see a different trend.  It was more like, just go away. 

 Last month we started to see them talking a little bit more and then toward the end of the month I said to you banks in Iraq can start answering questions of the Iraqi citizens...now you see what's going on.

  In my opinion the Iraqi dinar is going through an internal float ...Something is going on.

 IMO They've already deleted the three zeros from the exchange rate.  IMO that exchange rate came from the RV phase of the monetary reform that was accepted in Washington DC and all these other banks.  That's why Sudani has thousands and thousands of contracts all waiting for the new exchange rate.