Iraq ranked highly globally among the countries with the least economic growth during the last 5 years, while poor economic growth was concentrated in the countries of Africa and the Middle East due to Corona and then the conflicts that have existed so far.
And solveIraqIt is ranked 10th globally out of 190 countries around the world, as the tenth worst country in terms of economic growth during the years between 2020 and 2024. LINK
Iraq's economic growth during these last five years reached negative 0.8, ranking tenth globally, and the third worst Arab economic growth afterSudanAnd Yemen.
And she cameSudanIt ranked first as the worst country in terms of economic growth between 2020 and 2024, reaching negative 5.6%.
On the contrary, Albania ranked last on the list of countries with poor economic growth, which makes it first in the world in terms of economic growth during 2020 to 2024, with a growth LINK
Ginger's LIBERTY Lounge, [18 638 vistas, 05/11/2024, 1:33:56 a. m.]:
What's Going On With Iraq ? What's the hold up?
~ 5.10.24 PM Intel received - late night
Family, I have an urgent update to share with you and I've been given permission to pass this on but I must keep the source anonymous. I cannot put my friend nor their relatives in danger. This is an extremely valuable update from a very credible source.
Anonymous Liberty Lounger Extraordinaire:
Dear Ginger, My (family member / Gin is withholding the relationship details for security) in (Middle Eastern county withheld by Gin) says that Iraq is now waiting for the USN to become the newly announced official currency in the USA. Iraq does not want Fiat currencies floating around because it will create a new layer of intermingling (of monies).
They are tired of waiting and complying and doing what is asked of them (as a sovereign country), and want the US to also complete what is required of them - and to follow through with what they've promised.
He said that meetings at the US Embassy in Amman indicate a bit of irritation on the Iraqi side because the USN was supposed to be announced on the day that Al Sudani returned to Baghdad. Al Sudani was not happy that he had promised the Iraqis "a beautiful surprise" when he got back.
He was counting on the US to fulfill the promise of the USN but he had to eat his words vis-a-vis before the Iraqi public; and even now, he continues to wait. As you can see, this is not a happy position for him to be in.
That's where we are now. Otherwise, all is good I believe. ❤️
Ginger: When my friend told me more about this relative who is very connected to the inner workings inside Middle Eastern governments, they had this to add: "Yes yes, please share. Please keep sources hidden as he is having difficulty staying safe, various threats on his life. Poor guy". 😕
This is the reason why I will not compromise my source - not even if someone claims, "How can we believe without knowing who is reporting this?" Sorry - compromising their safety isn't worth your general curiosity, to me. Take it or leave it. But I believe my contact with everything that's in me. And this gives a very helpful perspective as to "what's holding this up? What's taking so long?"
From a Celestial Alliance standpoint, I'm also getting confirmation that the USA complying with the USN announcement is strictly based on the powers-that-be - within the military alliance - those at the highest level, are determining the opportune time, as there are significant layers to these operations. But things are very positive and looking really good. This is confirmed and vetted information.
~ Ginger of the Liberty Lounge, Ambassador for God's Abundance with the Celestial Alliance / posted 1:33 AM EST 5.11.24
Dxguy7, [9 075 vistas, 05/11/2024, 1:34:19 a. m.]:
Economist: The Fluctuation Of The Dollar Is “The Balance Of Speculators”
Time: 05/09/2024 Read: 2,834 times Economist: The fluctuation of the dollar is “the balance of speculators” Rklhgerlkg-1-61
{Economic: Al-Furat News} An economic expert attributed the continued fluctuation of the dollar’s exchange rates against the dinar in local markets to the “balance” of currency speculators in the parallel market.
Bassem Jamil Antoine told Al-Furat News Agency, "The main reason behind the fluctuation of the dollar exchange rates between rise and fall is due to speculators, as they own large quantities of dollars."
He added, "If there had been a productive economic situation, the dollar exchange rates would have stabilized, so the financial need of the industry would be estimated and work accordingly."
Antoine stated that "the actual stability of the economy will occur if the local production is activated and the economy is developed and stabilized, which means stability of exchange rates." LINK
The floating of the dinar" returns to the foreground. Will the Central Bank of Iraq resort to it and what are its risks?
5/9/2024
From time to time, calls float to the surface to float the Iraqi dinar on the surface of the Iraqi financial market to close the gap between dinar and dollar prices. These calls are increasingly coming to the fore, with supporters seeing it as a way to save the Iraqi economy and opponents seeing it as the most dangerous stage Iraq will go through because it puts its economy at risk.
Al-Obaidi believes that “this policy can be a successful alternative in Iraq by following a managed float policy that controls the range of volatility and works to increase it until the currency is fully and gradually liberalized,” noting that “there is no study that link inflation rates to the exchange rate.” In the parallel market, the best way to know the effect is through a deliberate experiment with a controlled float of the exchange rate.”
La flotación del dinar" vuelve al primer plano. ¿Recurrirá a ello el Banco Central de Irak y cuáles son sus riesgos?
5/9/2024
De vez en cuando, flotan en la superficie los llamados a hacer flotar el dinar iraquà en la superficie del mercado financiero iraquà para cerrar la brecha entre los precios del dinar y del dólar. Estos llamamientos se encuentran cada vez que vuelven al primer plano, con partidarios que lo ven como una forma de salvar la economÃa iraquà y opositores que lo ven como la etapa más peligrosa por la que pasará Irak porque pone en riesgo su economÃa.
Al-Obaidi cree que “esta polÃtica puede ser una alternativa exitosa en Irak siguiendo una polÃtica de flotación controlada que controle el rango de volatilidad y trabaje para aumentarlo hasta que la moneda se liberalice completamente y gradualmente”, señalando que “no hay ningún estudio que vincule la inflación tasas al tipo de cambio”. En el mercado paralelo, la mejor manera de conocer el efecto es mediante un experimento deliberado con una flotación controlada del tipo de cambio”.
The Kurdistan Region Demands That The Federal Government Spend 1.1 Billion Dinars.. What Is The Reason?
The Kurdistan region witnesses demonstrations from time to time
Money and business Economy News – Baghdad The Ministry of Finance of the Kurdistan Regional Government sent the names of university lecturers to the Federal Ministry of Finance to pay their financial dues for three months.
The Ministry requested, in the letter issued on (May 7, 2024), the disbursement of “contract dues for lecturers” working in the Ministry of Higher Education and Scientific Research in the Kurdistan Region for the months of February, March, and April, because they were not included in the lists of salaries of permanent professors sent earlier.
The spokesman for the Ministry of Higher Education and Scientific Research in the Kurdistan Regional Government explained that "the number of lecturers is 1,982 from all public universities."
According to the book, the total salaries of lecturers for the three months amount to one billion and 198 million dinars per month. Views 33 05/10/2024 - https://economy-news.net/content.php?id=43288