Al-Abadi: Al-Sudani’s visit to Washington is in the interest of Iraq, 24 MARCH

   Al-Abadi: Al-Sudani’s visit to Washington is in the interest of Iraq

The head of the Victory Coalition, Haider al-Abadi, stressed the importance of the visit of Prime Minister Muhammad Shia al-Sudani to Washington in the middle of next month at the invitation of US President Joe Biden.

Al-Abadi said in a {special interview} on Al-Furat satellite channel: “The Prime Minister’s visit to Washington is in the interest of Iraq,” stressing “the necessity of reorganizing the relationship with the international coalition.”

Regarding the Kurdistan Democratic Party’s announcement of its boycott of the Kurdistan Regional Parliament elections next June due to its objection to the decisions of the Federal Supreme Court, Al-Abadi said, “The party’s positions must be clear regarding the decision to boycott the elections,” stressing that “ the party’s withdrawal from the elections does not hinder them in the region from a formal standpoint, but Can a Democrat abandon the regional government?

Regarding the position of presidency of the House of Representatives remaining vacant, Al-Abadi affirmed, “This obstruction is not correct,” indicating that “the dispute is confined to the Sunni political forces, and we tend toward the option of deciding the position within the House of Representatives, and it does not necessarily belong to the largest Sunni bloc.”
He added, "A large majority of representatives may vote in favor of candidate Salem Al-Issawi."

Al-Abadi said, "The United Nations Mission in Iraq (UNAMI) is not strong and is not a decision-maker, but closing UN and international missions is not a good thing, and the Iraqi government is not moving toward that.  link

JUDY NOTES, 24 MARCH

 Global Currency Reset:

• Judy Note: There was no news on the status of the GCR and redemption process since Bruce’s call on Thurs. night 21 March. At that time we were told that President Trump would make two announcements on  Fri. 22 March and they would be followed by Tier4b receiving notification on how to set redemption appointments.

We have been told that Tier4b (us, the Internet Group who hold foreign currencies and Zim Bonds) redemption and exchanges would start before next Sun. 24 March. The General Public was supposed to start on Tues. 2 April 2024.  Some Super Whales were funded out two months ago. Other Whales were finishing up being notified and funded right now. None have access to their funds yet, and won’t until Tier4b goes.

https://dinarchronicles.com/2024/03/23/restored-republic-via-a-gcr-update-as-of-march-23-2024/

A k to the black market 🤣😜 iqd#iraq # financial BY NADER FROM MID EAST

Finance Minister Stresses The Importance Of Partnership With The European Bank To Diversify The Sources Of The Economy, 24 MARCH

 Finance Minister Stresses The Importance Of Partnership With The European Bank To Diversify The Sources Of The Economy

Earth News / Minister of Finance Taif Sami Mohammed stressed the importance of partnership with the European Bank to support the Iraqi government's plan to diversify the sources of the national economy.

According to a statement by the Ministry of Finance received by Earth News, "Minister of Finance Taif Sami Mohammed, met with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renault-Basso, at the Bank's headquarters in the United Kingdom, and the Minister of Finance began her meeting with the President of the European Bank for Reconstruction by referring to the strategic partnership between Iraq and the Bank, and discussing ways to strengthen bilateral relations to ensure the possibility of strengthening the private sector in Iraq and digitizing the banking system."

The Minister of Finance stressed "the importance of partnership with the European Bank to support the Iraqi government's plan to diversify the sources of the national economy," noting that "the priorities of the Iraqi government are investment in the fields of energy and digital transformation in financial infrastructure."

For her part, Odile stressed "the bank's desire to work in Iraq and contribute to supporting the private sector and renewable energy."

"RV UPDATE" BY PIMPY, 24 MARCH

 Pimpy 

 Community Comment "Pimpy needs to understand outside investors of Iraq have absolutely nothing to do with project to delete the zeros.  Our 25,000 note will be 25,000 note in America." I'm guessing you think that if they re-denominate the currency inside of Iraq and they change the exchange rate to $0.76, I guess you thought we could take the old currency and exchange it for the current exchange rate.  That's not going to happen.  I'm telling you right now that's not going to happen... 25,000 dinar would be equivalent to the 25 dinar...What Iraq does in country to its currency affects the currency worldwide..  

Article: "Iraq's accession to the European Bank for reconstruction and development"   This is another step for Iraq to start working with the International community.  This shows outside investors how serious Iraq is of getting back on track.

FRANK26….3-23-24…..IQD UPDATE….CONTRACTS….LET’S TALK

Parliament finances confirm high size of 2024 budget. What are the reasons for the delay in sending it?, 24 MARCH

 Parliament finances confirm high size of 2024 budget. What are the reasons for the delay in sending it?

 Economy News - Baghdad

The Parliamentary Finance Committee confirmed on Saturday the increase in the size of the federal budget to 207 trillion dinars, explaining the reasons for the delay in the arrival of the general federal budget tables to the House of Representatives for approval.

Mueen al-Kadhimi, a member of the parliamentary finance committee, commented on the issue by saying that the delay occurred at the Prime Minister's Office or by the Office of the Advisory Committee.

Al-Kazemi explained that "the ministries of finance and planning have completed their work regarding the budget tables, as the amendments were supposed to be sent before the end of 2023."

"If the amendments are sent, the House Finance Committee will review them and then present them to the House for approval," he said.

He pointed out that "the approved budget is a tripartite budget for the years 2023, 2024 and 2025, and it is natural that amendments will be made by the government to some figures that it deems necessary," noting that "the amendments led to an increase in the size of the budget from 199 trillion dinars to 207 trillion Iraqi dinars."

Earlier in the day, the Legal Committee announced that the 2024 fiscal budget tables were imminent to reach the House of Representatives.

The Ministry of Finance announced on the thirteenth of March the completion of data related to the 2024 budget tables, the inclusion of texts and their submission to the Council of Ministers