Al-Sudani Q and A in Washington DC BY FRANK26, 21 APRIL

 Frank26 

 [Al-Sudani Q and A in Washington DC 1 hour 28 minute mark]  

Community Member:  The question was asked...Is the government thinking of revaluing the dinar and reinstating the value of the dinar due to the current circumstances in the markets or do you see that it say the same? 

 Sudani replies by saying 'This policy is dedicated by the central bank and the governments abide by what the CBI decides.  Right now I believe we are in the best status that we could be in...We started the reforms...this is going to raise the level of the value of the Iraqi dinar.'  He told the whole world...

  Houston Texas and Dearborn Michigan...Al-Sudani arriving [motorcade].  

I stopped counting when I got up to 50.  You're telling me that all these gigantic monstrous vehicles that are escorting the Prime Minister of Iraq is bring a program rate to the world? 

 You need this type of security for toilet paper value? 

 Of course not...This is serious.  When the delegation returns back to Iraq, we already told you IOO what is going to happen...

Soudani banks Iqd BY NADER FROM MID EAST

Lotta noises about the IQD BY NADER FROM MID EAST

Finance’ identifies steps to be taken before canceling currency sale window in Iraq, 21 APRIL

Finance’ identifies steps to be taken before canceling currency sale window in Iraq

Shafaq News / The Parliamentary Finance Committee confirmed, on Saturday, that the Central Bank of Iraq has taken a decision to cancel the currency sale window, pointing to the need to take steps before the implementation of this decision.

“There is a decision issued by the Central Bank to cancel the window of selling and selling foreign currency in 2024, but it did not specify the exact time to initiate the decision,” a member of the parliamentary finance committee, Hussein Mounis, told Shafaq News.

He explained that “the cancellation of the currency sale window is linked to the dependence of civil banks on correspondence with international banks and the method of currency conversion.”

This comes after the Central Bank of Iraq abandoned its status as a “reporter” and granted it to several foreign banks, a move that is unclear and results and some observers have warned of.

In November 2023, the Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the start of supplying the dollar inside through the accounts of Iraqi banks abroad.

“This step must be preceded by the high rating of Iraqi banks, and this is what qualifies them to deal with international banks, but the real problem we face is that Iraqi banks do not have correspondent and uncredited abroad,” Mounis asserts.

The member of the parliamentary finance pointed out that “the government and the central bank seek to strengthen and increase the classification of civil banks,” noting “the intention of banks to enter into correspondence and foreign transfers.”

https://shafaq.com/ar/اقتصـاد/المالية-تحدد-خطوات-يتعين-اتخاذها-قبل-الغا-نافذة-بيع-العملة-في-العراق

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 21 APRIL

 Frank26  

 [Iraq boots-on-the-ground report]  

FIREFLY:Some lady is on the television news saying once the delegation returns from the Untied States of American the budget amendment law will be sent to parliament.  She's saying one of the issues is about salaries and this will end all issues on salaries for the first time ever once and for all...

  FRANK:  She's correct.  When Sudani comes back he will deal with the budget and you will have your new exchange rate because that's the only way that the salaries are going to be paid.   They're tell you they're going to be paid for the first time ever.  They have never been paid because of a lack of good exchange rate...

FIREFLY:  Bank friend says...if it is 1 to 1 that's a good start but he feels like because what he personally knows the rate could carry a $5+ and support it very well because our reserves are way higher than what they are telling anyone.  That's just his opinion...  

FRANK:  It will not start at 5 to 1 IMO as it will not start at 1 to 1.

FRANK26…..4-20-24……our team’s words come to life !

Sudanese adviser: Next meetings with the US side will be held in Baghdad, 21 APRIL

Sudanese adviser: Next meetings with the US side will be held in Baghdad

Baghdad – Mil
Prime Minister’s adviser on transport affairs Nasser al-Assadi confirmed, on Saturday, the formation of joint committees to exchange points of dialogue, noting that the upcoming meetings with the US side will be held in Baghdad.
Al-Assadi said in a statement to the official media followed by “Mill”, 

that “the meetings held in Washington witnessed the activation of the framework agreement between Iraq and the United States, especially in the fields of education, transport, health, human rights, the role of women, strategic relations between Iraq and the United States and the relationship of American financing funds with the Central Bank of Iraq,” noting that “the meetings are fruitful and we came out with important results.”

He added: “Specialized committees have been formed between the United States and Iraq to exchange points of dialogue,” pointing out that “the next meetings will be in Baghdad to start implementing the mechanisms of the agreement concluded in the United States.”

Al-Asadi indicated that “all meetings in the United States are successful because of a reaction by other parties and parties,” pointing out that “Iraq announced during the visit great investment opportunities for American companies, and plans were drawn up between Iraqi and American investors.”
He pointed out that “the Iraqi delegation that visited Washington includes a team from the private sector, as the government encourages expansion with private sector companies, which will be easier to deal with companies and government instructions.”
Earlier in the day, the Sudanese returned to Baghdad after a week-long visit to the United States, in which he held a series of important meetings, the most important of which was his meeting with US President Joe Biden.

https://miliq.news/political/29027–.html