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Sudanese at the Labor Conference: The development path is the first of its kind and will provide great opportunities, 28 APRIL

Sudanese at the Labor Conference: The development path is the first of its kind and will provide great opportunities

Prime Minister Muhammad Shiaa Al-Sudani said today, Saturday, during a speech he delivered at the opening of the Arab Labor Conference in Baghdad, that the development road project is the first of its kind and will provide great opportunities for work through the industries that will take place in the areas through which it will pass.

The text of Sudanese’s speech:

Everyone anticipated congratulations to the workers of the world on their holiday, the first of May, wishing them and their trade union and labor organizations further progress and prosperity.

The world is witnessing crises whose impact has been reflected on the global economy and the social, psychological and economic situation of the peoples of the Arab Organization, and has negatively affected labor productivity.

The Arab Action Conference held in Baghdad bears additional responsibilities beyond those that previous conferences used to discuss.

 It is necessary to work to improve the performance of labor market institutions and elements, and to build a qualitative relationship between educational outcomes and labor market needs.

Women must be attracted to work as a productive force that cannot be stopped, and child labor must be limited.

We stress the importance of adopting new production methods, raising the level of workers and institutions, creativity, innovation, and cooperation with modern technology.

Our current government has launched many strategies and initiatives that will improve the reality of work and workers.

We launched the “National Strategy to Reduce and Prevent Inequalities in the World of Work for 2024-2028” in cooperation with the International Labor Organization.

We launched employment and development initiatives for various categories, foremost of which is the “Riyada” initiative, to qualify young people and introduce them to the labor market.

The youth group represents 60% of our society, and is the backbone of the labor movement.

We established the Iraq Fund for Development with huge capital in order to create an investment environment that provides thousands of job opportunities.

The success of the Baghdad conference depends on the seriousness of the participation of the organizations of the three production parties and on social dialogue.

The government is working on drawing future visions regarding new economic sectors, such as the green economy, the digital economy, the knowledge economy, and the blue economy, that is, water bodies, rivers, and others.

We look forward to building modern business institutions; To achieve a qualitative leap in performance, legislation, oversight and occupational safety in a manner consistent with the goals of sustainable development.

Integration between Arab countries can provide a labor market that accommodates all those capable of working.

We launched the development road project, which will provide many job opportunities, through the industries that will be localized in the areas it passes through.   link

"RV UPDATE" BY MILITIAMAN, 28 APRIL

 Militia Man 

 There's clear signals the dinar and dollar relationship are going to be different in the future.  They state specifically the dinar will be better.  It's going to be stronger than the dollar, al-Sudani said it.  It's going to be better because of what?   Because of all these actions they're talking about now...It's huge.

Iraq is at advanced stages unlike any other country in the region for accession to the WTO.

 What did they say with JP Morgan just the other day? ...He's talking about emerging markets.  They're focused on emerging markets and growth.  Iraq is an emerging market.  They're not even international at the point of their exchange rate.  1310 is not viable around the world.  It's not yet.  Whatever they're doing, they're focusing in on this is my view on it.

FRANK26….4-27-24….LET’S MEET

More Than A Billion Dollars In Sales From The Iraqi Central Bank Within A Week, 28 APRIL

 More Than A Billion Dollars In Sales From The Iraqi Central Bank Within A Week

Money  and business   Economy News – Baghdad  The Central Bank of Iraq's total sales of hard currency for the US dollar during the last week in which the auction was opened amounted to more than one billion dollars.

During the past week, the Central Bank sold one billion and 348 million and 235 thousand and 509 dollars, at a daily rate of 276 million and 847 thousand and 19 dollars, lower than what it recorded last week, which amounted to one billion and 354 million 297 thousand and 9 dollars.

The highest dollar sales were for Wednesday of last week, when sales amounted to 282 million, 624 thousand and 465 dollars, while the lowest sales were for Sunday of the week, when sales amounted to 270 million, 897 thousand and 422 dollars.

Foreign remittance sales during the past week amounted to 1,317,475,000 dollars, an increase of 95% compared to cash sales, which amounted to 66,760,000 dollars. 864 views 04/27/2024 - https://economy-news.net/content.php?id=42895

Iraqi Dinar✅Al Sudani Big Statement IQD New Rate Today 2024 / Iraqi Dina...

"RV. UPDATE" BY PIMPY, 28 APRIL

 Pimpy

  We all want the same thing.  I'm telling you we do.  Would I love for the rate to change to  $3.22 per dinar?  Would I love for them to keep the current currency they have without deleting the zeros when they change that  exchange rate?  Of course I would.  But what I'm saying to you is there are many possibilities you should at least be aware of  them.   I'm not saying it's going to happen one way or another for sure, I'm just saying to you there's some things out there that  they're hiding from you...  

 What Iraq is preparing to do is delete the zeros off the currency.  That's not what we wanted but that's what going to happen...Everything has to do with what's good for Iraq, not your investment.