Tuesday, April 16, 2024
Sudanese adviser: Central bank reserves exceeded $110 billion in 2024, 16 APRIL
Sudanese adviser: Central bank reserves exceeded $110 billion in 2024
Economy News – Baghdad
Prime Minister’s adviser on finance Mazhar Mohamed Saleh confirmed on Monday that the central bank’s reserves exceed $110 billion in 2024.
Saleh said in an interview with “Economy News”, that “Iraq is in a stable position, because the oil prices that are the basis of the general budget revenues for 2024 were priced on the basis of $ 70 per barrel, while the average sales of Iraqi oil exported exceed $ 80, which relieves the pressures of the planned deficit in the annual budget (which was approved for three years 2023,2024, 2025).”
He added that “oil revenues actually constitute about 90% of the total budget revenues,” noting that “the Central Bank of Iraq has reserves of foreign currency supporting the strength of the dinar of more than 110 billion dollars, and represents high coverage of the dinar, which is a matter that provides stability in the general level of prices, as the Central Bank defends a stable exchange rate of 1,320 dinars per dollar.”
He explained that “the average per capita income of GDP is estimated at about $5,000 per year, except for the price support paragraph or price support in the general budget, which is estimated at 13% of GDP (especially the price-subsidized food basket and fuel, and many semi-free government services and grain support and farmers), which is a real income that is not foreseen to support the individual as well.”
He added that “the most prominent points of future planning are to support partnership with the private sector by providing guarantees for industrial projects provided by the government in order to import production lines. These guarantees represent 85% of the value of the industrial project. This will be done through the role of (the Iraq Fund for Development), which will also concer with youth loans and the financing of residential complexes as well.”
He continued that “the other direction is the strategy of the development path and represents the establishment of international strategic partnerships with international countries and companies, to provide high-effective railways and transport lines between the Gulf and Turkey through Iraq to Europe and vice versa, accompanied by the establishment of industrial cities and logistics services linked to the development path, which is a model of the strong economic push to get out of the problems of recession and unemployment.”
"RV UPDATE" BY ROD STEEL, 16 APRIL
Sunday April 14, 2024
Latest from Rod Steel ~ 2.10.24
My friend spoke to Patriot Rod Steel today, and he confirmed that he's spoken with some bond people and they have received funds.
More details from Rod: "I was told the paperwork was just completed and the Admiral is going to release everything on Monday."
Rod continues: "The Iraq Government will reveal the new ‘lower denomination’ notes this week and then release the new Dinar Rate (4+) to be published in the Government Gazette on Sunday and then go on FOREX this coming Monday, the 12th". ROD
My very close friend vetted this information with two other contacts. One who is very close to the Admiral - as in working alongside him on a daily basis. And the second gentleman is extremely close to those on the Bond side who are clued into the details regularly. They both are in alignment with Rod's news also - so that's extremely encouraging. We also know that Mark is hearing similar stories.
More from Ginger: I cannot give details because I'm sworn to secrecy, but allowed to say that the papers have been signed by people we know AND others have heard happy news from their group leaders on the T3 Bond side. I personally do not know of anyone in T3 who has liquid, spendable funds as of yet, but I'm extremely pleased with all of the news we're getting. I'm grounded and steady - remaining optimistic. 2.10.24
~ Ginger of the Liberty Lounge
https://dinarevaluation.blogspot.com/2024/02/they-have-received-funds-by-rod-steel.html
The launch of the business meetings of the Iraq-US Higher Coordinating Committee, 16 APRIL
The launch of the business meetings of the Iraq-US Higher Coordinating Committee
Economy News – Baghdad
The business meetings of the Supreme Coordinating Committee between Iraq and the United States began on Monday.
The Prime Minister’s Information Office said in a statement, seen by “Economy News”, that “the business meetings of the High Commission HCC between Iraq and the United States of America, on activating the strategic framework agreement, were launched and headed by the Iraq delegation, Deputy Prime Minister and Minister of Planning, Mohammed Tamim, and the US delegation was headed by Foreign Minister Anthony Blinken.”
"ABOUTTHE MEETING OF IRAQ IN USA" BY FREEDOM FIGHTER, 16 APRIL
Freedom Fighter ©
💥April 15th Iraq PM and his delegation of Iraqi leaders and officials will meet with Joe Biden and key American officials and business leaders
💥Meetings included will be with the U.S Treasury & Federal Reserve
💥Gov of CBI will be in attendance
🚨Meetings will also be with American officials to discuss business development,sanctions , banking reforms , military troop withdrawal and U.S / Iraqi political agreements
https://www.wilsoncenter.org/article/prime-minister-sudanis-pivotal-us-visit-and-its-implications-iraqs-future
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