DINAR REVALUATION

Wednesday, March 13, 2024

OPC Completes Rehabilitation of Baiji to Kirkuk Pipeline, 13 MARCH

OPC Completes Rehabilitation of Baiji to Kirkuk Pipeline

Iraq’s Oil Pipeline Company announced the completion of restoration work on the 12-kilometer petroleum products pipeline connecting Baiji to Kirkuk.

The General Manager, Ali Abdul Kareem Al-Mousawi, revealed that the company’s technical and engineering staff successfully rebuilt the pipeline after it was shut down in 2014 owing to ISIS terrorist actions in the region.

Pumping petroleum products to the new Kirkuk Oil Depot has restarted concurrently with the functioning of the Northern Refinery in Bayji and the expanded refining capacity of

Al-Mousawi stated that the pipeline supports the transfer of white petroleum products (gasoline, kerosene, and gas oil) from the Northern Refinery / Samood Refinery (Bayji) to the Kirkuk Depot via the Bayji pumping station, which has a capacity of 4 to 6 million liters per day.

This secures the delivery of petroleum products to Kirkuk province’s population, districts, sub-districts, and northern provinces, while also activating pipeline pumping capacity and relieving strain on tanker transport.

Maintenance work at the Bayji pumping station includes upgrading pumping systems with appropriate connections, mechanical and electrical work, meter installation, and new control systems for medium-pressure pumps (KV 6.6 / 320KW).

Additionally, pumps were erected at the Northern Refinery to provide flexibility and ease operating bottlenecks, allowing petroleum products to be pumped to the company’s central storage.

"ANALYSIS OF IRAQ NEWS: HANOUN: WE WILL UNVEIL HUGE CORRUPTION FILES INVOLVING MAJOR FIGURES" BY MNT GOAT, 13 MARCH

HANOUN: WE WILL UNVEIL HUGE CORRUPTION FILES INVOLVING MAJOR FIGURES

The head of the Integrity Commission, Haider Hanoun, confirmed today, Friday, that “the files at the Commission include major figures, indicating that the Commission is working on all corruption files.” The head of the Integrity Commission, Haider Hanoun, said: “The Commission will present, next Sunday, its annual report on the Integrity Commission’s achievements for the year 2023, and each of the Commission’s directors will release the achievements of his department.” He pointed out that “the Integrity Commission is not only an investigations department, but rather multiple and large departments and specializations, and is responsible for combating corruption from beginning to end, including procedures, investigative files, prevention, financial disclosure of officials, transparency, and cooperation with investigative journalism.”

He added, “The existing files include major figures, and the Commission is working on all corruption files,” stressing, “Holding the corrupt to the fullest extent of accountability at this stage.” He continued: “The Commission completes the corruption files and evidence and sends them to the judiciary, and the investigating judge takes over the file after the file turns into a criminal case supervised by the investigating judge, and then permission is taken from the investigating judge for arrest, referral, conviction, or recruitment, and all of them are judicial rulings that we work on.”

(Will they finally be able to go after Nori al-Maliki?)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

🔥 Iraqi Dinar 🔥 Big Revaluation: Iraqi Currency 1.32 Dinar per Dollar! 🔥...

The Sudanese advisor reveals the reasons for the delay in releasing budget allocations, 13 MARCH

The Sudanese advisor reveals the reasons for the delay in releasing budget allocations

Today, Tuesday, the monetary counsel to the Top state leader, Mazhar Muhammad Saleh, uncovered the purposes behind not delivering the general spending plan portions as of recently, while affirming that the Service of Money isn’t deliberately deferring and that there are specialized issues that should be finished before the designations for governorates and services are delivered.

Saleh said, in a meeting with the , that “one reason for deferring the send off is the experience of the three sided general financial plan interestingly,” taking note of that “we hope to send off an intuitive financial plan given the steadiness of oil costs in the neighborhood markets.”

He proceeded, “The tension will be on venture spending for the 2024 financial plan, because of the absence of an excess from the 2023 spending plan,” bringing up that “there are numerous issues and holes in the records of tax avoidance and boosting non-oil uses.”

The Sudanese consultant finished up his discourse: ” Supporting key ventures is one of the objectives of the taxpayer supported initiative that should be kept,” adding that “the Service of Money doesn’t plan to postponement, and there are specialized issues that should be finished prior to sending off designations to governorates and services.”

The governorates and services are anticipating the arrival of the general spending plan portions to continue with the execution of the taxpayer supported initiative, in the midst of numerous issues, most outstandingly the emergency of local pay rates and their resettlement, as well as endeavors to add new position grades.

"RV UPDATE" BY FRANK26, 13 MARCH

Frank26

The transitional period is what you're experiencing right now...in the monetary reform.

Article: "Coordination Framework seeks early election to curb al-Sudani's growing popularity: analysis" Quote: "The Iraqi 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 1,320 dinars. " Now do you understand why they left it at 1320 even though we suggested that they would take it to 1200 or 1000?

Question: "Do you believe one more move to 1,000 or RI?" It looks like 1310 might be what they were seeking. Maybe a dollar is not enough.