IRAQ NEWS DISCUSSION : "IRAQ THINK CHANGE THE IQD RATE" BY MILITIAMAN, 13 MARCH

  Militia Man 

 This is fascinating because this is coming from the Iraqi government today in the same context of Al-Sudani.  

Article quote:   "The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320.  

Implementing such a decision is likely to significantly increase Al-Sudani's popularity."  You think!?  Bring the purchasing power of $0.76 - that's what it equates to...deleting the zeros just like we've been talking about.

 They're not going to...build a country at 1310.  The math doesn't work.   I don't care how many times people try to figure that out.  Think about it for a second...1310  dinars to buy a pencil but if you can buy 100 pencils for one dinar because the dinar is worth $3.00, $4.00 or more. How many pencils can you buy? 

 Think about that in bricks, steel, sewer systems, infrastructure, lighting, military operations, airplanes, guns and weapons, grocery stores at 1310 as opposed to 2, 3, 4 bucks.  They specifically bring up and invoke 'previous eras' not me.  I just report that...

Iraqi Dinar | Sudani Advisor confirm RV | Iraqi Dinar News Today 2024 | ...

Rafidain Bank links Four Border outlets to unified banking network, 13 MARCH

Rafidain Bank links Four Border outlets to unified banking network

Shafaq News/ Rafidain Bank announced on Tuesday the integration of its branches at the Zurbatiya, Safwan, Arar, and Trebil border crossings into the comprehensive banking system. 

This strategic move aligns with the government's efforts to streamline operations and transition from paper-based to electronic transactions.

Furthermore, the bank assured that it aims to simplify processes for customs agents and traders, introduce modern and transparent systems, and implement advanced electronic tools that adhere to global standards, to optimize operations at border checkpoints and enhance the country's non-oil revenue streams.

The bank emphasized that this integration is part of a larger initiative to support the government's objectives, the Ministry of Finance's programs, and the Customs Authority's digitalization agenda.

https://shafaq.com/en/Economy/Rafidain-Bank-links-Four-Border-outlets-to-unified-banking-network

"RV UPDATE" BY MNT GOAT, 13 MARCH

  Mnt Goat  

 Article:  "THE NEW IRAQI OIL LAW UNDERMINES THE DREAM OF KURDISH INDEPENDENCE"   

Quote:  "On February 21, the Federal Supreme Court ruled that the Iraqi Kurdistan Regional Government must hand over “all oil and non-oil revenues” to Baghdad. "   This is a solid start to getting the Oil and Gas Law completed and to parliament for a vote. This must be completed to finish a Constitutional requirement to fully implement the new 2005 Iraqi Constitution. This was told to me a decade ago that this is critical to normalizing Iraq. 

 So this is all excellent news for us today.

Iraqi Dinar🔥Approved RV Of Iraqi Dinar IMF Big Announcement Today 2024🔥i...

"RV UPDATE" BY MARKZ, 13 MARCH

 MarkZ  

 [via PDK]  Comment: I think .76 cents is a sucker rate.  MarkZ:  I also believe .76 cents would be a sucker rate.  Comment:  Maybe .76 cents prepares the forex market for what is to come. So $3.50 to $4.25 won’t surprise them?   MarkZ:  I agree and it also prepares the people for a different rate. This big a change needs to be prepared for.

  Comment:   ...contacts in Iraq...think it will go between the 10th to the 24th of March.  MarkZ:  That’s the general consensus amongst my Iraqi contacts as well….  We will see how it plays out.

Sudani: We are going through a golden opportunity to regain the confidence of the people and the concern about the success of the government is unjustified, 13 MARCH

 Sudani: We are going through a golden opportunity to regain the confidence of the people and the concern about the success of the government is unjustified, 13 MARCH

Prime Minister Mohammed Shia Al-Sudani said that the political system in Iraq, “is going through a golden opportunity,” in restoring the people’s confidence in it.

Al-Sudani said in a press interview, “Today, we address the most important thing that the political system has lost is the confidence of the people, which is the secret of success and strength for this government and today we live with a golden opportunity to restore the people’s confidence in this system.”

“We have received 1,542 projects that have been lagging behind since 2005 and they represent a waste of public money and their activation have carried the state many times its cost due to the extinction and price difference,” he added.
Al-Sudani pointed out that “political arguments have hindered and disrupted many achievements and projects,” noting that “solutions exist for all problems and may not be solved, but it can be said that most of them.”

“The current government was formed by a pure Iraqi decision without external disruption,” he continued.
He stressed that “the provision of services needs legislation and the government will continue its work to implement its program,” noting that “services have been developed as a priority because of the need of citizens for them, which is an important task for security, community and therefore political stability.”

“There is unjustified concern about the success of the government and it is reflected in the political competition and the size of that or that political force,” Al-Sudani said.
He stressed that “the government is ready to hold the upcoming parliamentary elections,” stressing that “we do not allow the exploitation of state resources in elections and the government will not tolerate the change of positions in elections.”
“The financial challenge may limit the expansion of projects,” Sudani said.

https://alforatnews.iq/news/السوداني-نمر-بفرصة-ذهبية-في-استعادة-ثقة-الشعب-والقلق-من-نجاح-الحكومة-غير-مبرر