Finance announces the launch of a new issue of government bonds for public subscription
● Version details:
Bond type: Government bonds denominated in Iraqi dinars.
● Categories offered:
- A bond denomination of (500,000) thousand dinars, with a maturity of two years, with an annual interest of 6.5%, paid every six months.
- A bond denomination of (1) million dinars, for a period of 4 years, with an annual interest of 8.5%, paid every six months.
● Subscription date: period from April 15, 2024 to May 15, 2024.
● Subscription method: Purchase applications are submitted to one of the bank branches approved by the Central Bank of Iraq, accompanied by the original identification documents. The bank then sends the application with the purchase amount to the Central Bank via the RTGS electronic payments system on the same day of purchase. In return, the buyer will receive a receipt for the purchase amount he paid until the bond is prepared, and after a period not exceeding a week, the buyer brings the receipt to the same bank to receive the bond.
● We invite all citizens, investors and companies to participate by subscribing to this issue of government bonds.
● The bonds offered are tradable on the Iraq Stock Exchange.
● Advantages of subscribing to government bonds:
Guaranteed return: The government is committed to paying the annual interest and the value of the bond when it matures.
Safe investment: Government bonds are considered one of the safest investments, as investors enjoy the government's guarantee.
Contribution to the development of the national economy: The subscription funds contribute to financing economic development projects and achieving financial stability in the country. link
In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire.
No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States...have to say yes you can do it or not...The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq.
Article quote: "The Iraqi government and the Central Bank are dissatisfied with the nature of the US treasury's dealings with Iraqi banks...There is an effort to lift the sanctions..." They need to take off the sanctions of Iraq IQD.
A lot of good news come out yesterday and I'm very happy...You know what?
I'm excited. I'm very excited what's happening.
Article: "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..."
Very good news, IQD decreasing. Wow.
The RV will not happen if no one declares the end of the war...we still on war. In December 2021 they took troops out... but they never declared the end of the war...and they never took out the international coalition.
For everything to happen they have to declare the end of the war. The international coalition have to be out of there. The soldiers of United States have to be out of there. Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.
When will Iraq get rid of the restrictions of “Uncle Sam”.. Washington shackles Iraq to the federation and a “BRICS” bomb is coming
Popular and political calls are escalating to end the American hegemony it imposes on the Iraqi economy by enforcing the deposit of funds from the sale of crude oil in the Federal Bank on the one hand, and continuing the dollar crisis through sanctions issued on banks, which have reached more than 30 banks.
The first stage of getting rid of the restrictions imposed on Iraq is to strive to achieve two basic points, the first of which is to end the deposit of money in the Federal Bank and send it directly to the Central Bank. The second is to seek to join the BRICS countries that will issue a currency that will be like an atomic bomb for Uncle Sam’s currency. .
*Editing step!
Speaking about this file, a member of the Al-Fatah Alliance, Ali Hussein, calls on the government to seek alternatives and take the step of liberating the country from the dominance of the dollar and the continuing American sanctions, while stressing that Iraq’s move towards lifting the restrictions of the US Federal Bank is a must.
Hussein said in an interview with the Maalouma Agency, “It will be a bold step, but it will succeed if the atmosphere is created and contracts are made with alternative international banks,” noting that “it is necessary to bring in companies from international countries that do not deal in the US dollar.”
He continues, "Entering into the Shanghai system and other global organizations will be the first stage of liberation from the dollar," adding that "the movement to end the dollar's hegemony over the world, led by major countries, has greatly succeeded."
He adds, "Contracting from companies from Eastern countries and bringing them to work inside Iraq will avoid the economic blockade," pointing out that "the government is required to seek to find alternatives and take the step of liberating the country from the dominance of the dollar and American sanctions."
The economic expert, Nasser Al-Kanani, confirmed that the number of Iraqi banks affected by US sanctions has reached 26 banks so far.
*End American hegemony!
In addition, a member of the Nebna Alliance, Ali Al-Zubaidi, confirms that ending American economic hegemony lies in the government’s move towards ending the deposit of oil selling money in the Federal Bank, adding that it will enable the government to choose the currency in which it is sold.
Al-Zubaidi said in an interview with the Maalouma Agency, “Freedom from the restrictions of the dollar will give confidence to the Iraqi currency, in addition to tighter control over the economic movement,” noting that “the main problem is imposing the deposit of oil money in the American bank.”
He continues, "The number of members of the BRICS system has reached approximately 30 countries, and this constitutes a threat to the US dollar in itself," pointing out that "its new currency will be circulated in all these countries that constitute a large part of the global economy."
Al-Zubaidi concluded his speech: “Washington’s hegemony will not last long in light of the global estimates of economists,” noting that “the end of American economic hegemony lies in the government’s move towards ending the deposit of funds for selling crude oil in the Federal Bank.”
The United States of America continues to impose its influence on Iraq in many vital files, including depositing the money from the sale of Iraqi oil in the US Federal Bank, amid clear blackmail by passing many files, most notably the dollar bill, which puts great pressure on the government. link
Sudani said to his citizens, 'Before the end of Ramadan, before the start of EID it is my desire to make a major announcement.'
Ramadan comes to an end on the 8th of April. On the 9th EID starts. From the 9th to the 11th we have an amazing window to study and to see what happens with our investment because on the 15th Sudani will go to Washington DC to see the president of the Untied States.
Article: "The Central Bank of Iraq clarifies the mechanism for depositing oil revenues abroad"
DFI was part of something called Executive order 13303. President Bush signed executive order 13303...Clinton... Trump...Biden...resigned it. Guess what, executive order 13303...has not been resigned..
We're headed in the right direction...We've been heading in the right direction all along says my teams. But many of you are still anxious for it to happen instantly. That's not how it works...
The Sudanese directs to reject any delay or delay in the development road project.. and an Iraqi delegation visits Europe
Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani chaired the sixth meeting of the Supreme Committee for the Development Road, during which the latest executive steps were followed up and the procedures related to the project continued to be completed, and ways to resolve controls and instructions related to customs, tax and transit tariffs were discussed, within Project management and operation system.
The meeting also witnessed discussion of the tasks of the diplomatic delegation that will visit the European Union countries, in coordination with the Turkish side, within the route of the stations related to the project. The current position of expropriations related to the route of the road was also reviewed, and ensuring the removal of any technical or legal conflicts from all sections.
During the meeting, the Prime Minister stressed the importance of continuous coordination between the relevant authorities, ministries, relevant formations and governorates, on the path of the road, and that these parties as a whole deal with the development road project as a special priority for the Iraqi economy, and that they work to reduce time, overcome routine obstacles and bypass Obstacles.
Al-Sudani also renewed his previous directives to reject any case of delay or delay, given the exceptional importance posed by the path of development, its pivotal position and its connection to all economic development sectors, and the government’s plans to achieve a comprehensive future economic renaissance.
The meeting also reviewed the progress rates achieved in the Al-Faw Grand Port project, its five berths, and the conformity of the work progress with the implementation schedule. link
