"THE DINAR'S NEW EXCHANGE RATE REPLACES THE USD... WELCOME 1476 OR 1.48" BY FRANK26, 1 APRIL

 Frank26:  "THE DINAR'S NEW EXCHANGE RATE REPLACES THE USD... WELCOME 1476 OR 1.48"...........F26

 Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have entered the platform

 3/27/2024

Fadi Al-Shammari, advisor to the Prime Minister, Muhammad Shiaa Al-Sudani, expected on Wednesday (March 27, 2024) a continued decline in the dollar's exchange rate against the dinar .

Al-Shammari said in a televised statement followed by “Baghdad Al-Youm,” “The dollar is on its way to further decline and is subject to supply and demand.”

He stated, "70% of Iraqi merchants deal with the platform, up from only 10%."

Reuters previously quoted an official in the Central Bank of Iraq who revealed that there was an increasing demand among merchants on the electronic platform for selling the dollar at the official price (1,320 dinars), and working in a regular manner, as foreign trade remittances rose to 200 million dollars after it was only 50 million dollars last year. .

It is noteworthy that local markets and currency exchanges have been witnessing for days a noticeable decline in the exchange rate of the dollar against the dinar, as it reached 1,476 dinars this evening, Wednesday.   LINK

"IRAQ'S ECONOMIC IMPLICATIONS THREE ZEROS REMOVE FROM DINAR LATEST EXCHA...

Al-Mandalawi congratulates Christians in Iraq and the rest of the world on the occasion of Easter, 1 APRIL

 Al-Mandalawi congratulates Christians in Iraq and the rest of the world on the occasion of Easter

Baghdad / Nina / Acting Speaker of the House of Representatives Mohsen Al-Mandalawi congratulated on Sunday the people of the Christian religion in Iraq and the rest of the world, on the occasion of Easter (Easter).

Al-Mandalawi said in a post on the "X" platform, "We extend our best blessings to the people of the Christian religion in Iraq and the rest of the world, on the occasion of Easter (Easter), and we commend the role and contributions of the sons of this authentic component with the rest of the components of our dear people in building modern Iraq, and achieving stability and security for our country.

He added: "We affirm that this atmosphere of faith in the holy month of Ramadan, which coincides with the holidays of our Christian brothers, is an opportunity to strengthen the bonds of love, tolerance, peace and coexistence among the sons of Iraq, as well as an opportunity to renounce discrimination, extremism, terrorism and corruption, for a strong and prosperous Iraq."

"ALL BECAUSE OF THE NEW EXCHANGE RATE" BY FRANK26, 1 APRIL

 Frank26:  "ALL BECAUSE OF THE NEW EXCHANGE RATE"...........F26

 Government advisor: The 2024 budget tables focus on investment spending for new projects

 3/30/2024  Baghdad - INA - Nassar Al-Hajj,

the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Saturday, that the 2024 budget tables focus on investment spending for new projects.

 Saleh said to the Iraqi News Agency (INA): “The existing procedures for completing the public financial tables for the fiscal year 2024 in order to submit them to the legislative authority for approval and implementation immediately are only a response to the text contained in the Federal General Budget Law No. 13 of 2023 (the tripartite ) Which stipulated the submission of schedules of public expenditures and revenues adapted according to the new fiscal year and its objective circumstances for the year 2024 for legal approval.

He pointed out that "the most important thing in these tables is determining the levels of investment spending on new projects, which is fundamental and fundamental spending in the movement of the national economy, as it is directly linked to the development and growth of the economy by providing objective conditions for the movement of government demand for supplies and inputs for investment in projects."

“The demand for productive factors associated with government investment activity is essential in achieving the targeted level of growth in the annual gross domestic product and sustaining its momentum, in addition to its connection to the labor market and business and moving them in accordance with a climate required by the sustainability of the country’s economic development itself.”

Prime Minister Muhammad Shiaa Al-Sudani earlier confirmed the start of setting 2024 budget schedules.  LINK

Iraqi dinar 🔥CBI Announced New Exchange Rates After Dinar RV 🔥Iraqi Dina...

Sudanese Advisor: The Budget Tables Focus On Investment Spending For New Projects, 1 APRIL

 Sudanese Advisor: The Budget Tables Focus On Investment Spending For New Projects

Economy | 03/30/2024  Mawazine News – Baghdad  The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Saturday, that the 2024 budget tables focus on investment spending for new projects.

Saleh said in a statement followed by Mawazine News: “The existing procedures for completing the public finance tables for the fiscal year 2024 in order to submit them to the legislative authority for approval and implementation immediately are only a response to the text contained in the Federal General Budget Law No. 13 of 2023 (the tripartite ) Which stipulated the submission of schedules of public expenditures and revenues adapted according to the new fiscal year and its objective circumstances for the year 2024 for legal approval.

He pointed out that "the most important thing in these tables is determining the levels of investment spending on new projects, which is fundamental and fundamental spending in the movement of the national economy, as it is directly linked to the development and growth of the economy by providing objective conditions for the movement of government demand for supplies and inputs for investment in projects."

“The demand for productive factors associated with government investment activity is essential in achieving the targeted level of growth in the annual gross domestic product and sustaining its momentum, in addition to its connection to the labor market and business and moving them in accordance with a climate required by the sustainability of the country’s economic development itself.”

Prime Minister Muhammad Shiaa Al-Sudani earlier confirmed the start of setting 2024 budget schedules.   https://www.mawazin.net/Details.aspx?jimare=244882

"BECAUSE THE NEW EXCHANGE RATE IS READY!!!" BY FRANK26, 1 APRIL

 Frank26:  "BECAUSE THE NEW EXCHANGE RATE IS READY!!!"...........F26

 Prime Minister: Starting to prepare the 2024 budget schedules

 3/28/2024  Baghdad – 

The Prime Minister stressed today, Thursday, that local governments must make their efforts to enhance citizen confidence, while announcing the start of setting 2024 budget schedules.

 Al-Sudani said in a speech during the second session of the Supreme Commission for Coordination between the Governorates, followed by the Iraqi News Agency (INA): “This meeting is the first after the local elections were held,” pointing out that “the elections were one of the important milestones that represent an achievement of the political process.”

He added, "Local governments must work as one team and make their efforts to enhance citizen confidence."

He stressed that "local governments are an integral part of the executive authority," noting that "the evaluation of officials must be subject to a professional and scientific program."

He concluded by stressing: “Our goal is to serve our people,” pointing at the same time to begin setting the 2024 budget schedules.  LINK