"RV UPDATE" BY CLARE, 29 APRIL

 Clare 

 Article: "Prime Minister’s Advisor: We will see the dollar fall on the black market soon". Quote:  "The political advisor to the Prime Minister, Fadi Al-Shammari...pointed out that Iraq agreed “with the US Treasury on a road map that includes a third party represented by an international consulting company to audit the procedures of the sanctioned banks, and its decisions are binding on the US Treasury.”

Article:  "CEO of JPMorgan Chase expresses Support for Iraq”  Quote: "Prime Minister Mohammed Shia al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday, during his visit to the Washington DC. "

 Article: "Vietnam central bank says it’s ready to intervene in forex market; dong now at record low against dollar" 

 Quote: "Intervention is possible even today, if needed, State Bank of Vietnam Deputy Governor Dao Minh Tu said at a briefing in Hanoi on Friday.  The dong dropped to a record-low 25,463 per dollar on the day."

Article:  "Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund"  

Quote:  "Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions."

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-clare-23-april.html

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

Al-Sudani discusses with a workers’ organization his government’s steps in this field, 29 APRIL

Al-Sudani discusses with a workers’ organization his government’s steps in this field

State leader Muhammad Shiaa Al-Sudani examined with the Leader of the Collaboration Association to foster the workplace in Iraq, the public authority’s moves toward supporting the states of laborers through regulations and regulation, including the Retirement and Government backed retirement Regulation for Laborers, which was endorsed a year ago.

According to a Cabinet statement, Al-Sudani welcomed Mr. Gilbert Hongbo, President of the International Labor Organization, to the Arab Labor Conference hosted by Baghdad. Since he is the first President of the International Labor Organization to visit the country, Al-Sudani also emphasized that Iraq was one of the first countries in the region to join the ILO in 1932.

Al-Sudani emphasized the need for the International Labor Organization’s expertise in the area of training and qualification as well as the establishment of training centers in Iraq to legislate a new law for union work.

Hongbo, on the other hand, lauded the progress that the Sudanese government had made in supporting the business environment and focusing on the labor sector and its workers by encouraging investment and caring for private sector workers.

"RV UPDATE" BY RAYREN98 & DEEPWOODZ, 29 APRIL

  RayRen98

   JUST OFF THE PHONE WITH SOME 3-LTRS... SUPER EXCITED WOULD BE AN UNDERSTATEMENT. IF WE CONTINUE AS PLANNED, WE HAVE JUST A FEW HOURS LEFT...♫♪♫♪♫  I GOT A FEELIN...TONIGHT'S GONNA BE A GOOD, "GOOD" NIGHT ♫♪♫♪♫

Deepwoodz 

 Article: "Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week" They’ve used this term many times but now we have a financial inclusion week?!  Nice.  We all know the only way to be completely inclusive is to change the rate. It’s also the only way to eliminate the parallel market...The rate is the icing on the completed cake of the MR.

Iraqi Dinar | Finally CBI Released New Rate Of The Iraqi Dinar | Iraqi D...

Deputy: We opened the Council of Ministers to decide the salary scale, 29 APRIL

 Today, Sunday, Representative Hadi Al-Salami confirmed that he would contact the Council of Ministers to settle the salary scale.

Al-Salami told , “Gathered mistakes in state organizations after 2003 made a striking divergence in pay rates and designations among their workers.”

He went on to say, “The salary scale represents a fair and equitable path to re-correcting the state’s construction in accordance with the principles of experience, competence, and testimony.” “He has approached the Council of Ministers with an official letter to proceed with discussing and approving the salary scale that we have been waiting for many months,” he added.

He brought up that “endorsing the compensation scale will resolve three complex issues in state organizations, which are accomplishing the rule of equity among its workers, containing moves between them because of portions and pay rates, and rearranging units in a way adds to putting resources into their capacities in offering the best types of assistance.”

"RV UPDATE" BY SANDY INGRAM, 29 APRIL

 Sandy Ingram 

 Shocking documents from Iraq's Federal Board of Supreme Audit have uncovered a massive corruption scheme.  Over 151,000 citizens were involved in the illicit buying of US currency...[They] obtained dollars at the official state rate for travel purposes but never left the country.  The black market refers to them as "ghost travelers". 

 [We] are thinking the Iraqis sold the dollars for more money than they invested.  As a result of the corruption Iraq's Central Bank employees, private banks, currency exchange companies and tourism firms were all involved.  This is a $600 million corruption scam involving the US dollar...

When in Washington, DC he [Al-Sudani] met with the chair of the governing board of the JP Morgan Development Finance Institution (DFI), Daniel Zelikow.  Prime Minister Al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday during his visit...In Davos, Iraqi Prim Minister al-Sudani with Mr. Khaled Haballah, the regional CEO of JPMorgan Chase for the Middle East and North Africa...

 Al-Sudani met with the Iraqi community in Washington DC and other American states on the sidelines of his official visit to the United States.  Al-Sudani conveyed gratitude to the Iraqi communities in the US and throughout the world, emphasizing that Iraq is for all Iraqis and that the country needs the knowledge, experiences, opportunities and initiatives of Iraqis in the U.S. 

 The prime minister indicated the Iraqi government is working on establishing a department for expatriate affairs to be able to communicate effectively with the Iraqi community around the world...

On April 15th President Joe Biden will hold Prime Minister Al-Sudani of Iraq at the White House.  This meeting is a crucial opportunity for the United States and Iraq to discuss common priorities and strengthen their bilateral partnership.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-17-april.html