Thursday, May 23, 2024
IMF Calls Zimbabwe Switch to ZiG Unit an ‘Important’ Step, 23 MAY
IMF Calls Zimbabwe Switch to ZiG Unit an ‘Important’ Step
Iraq Launches Loan Program for Industrial Projects
Iraq's General Directorate for Industrial Development (GDID) has launched a new loan mechanism for small, medium, and micro enterprises (MSMEs).
The loans are made in conjunction with the Central Bank of Iraq (CBI), and can be worth up to 20 million Iraqi dinars ($15,000) per loan.
Dr. Ali Ibrahim Janaan, Director General of the Directorate, called on young people and graduates to go to the Directorate and register their industrial projects.
"RV UPDATE" BY BRUCE, 23 MAY
Bruce
[via WiserNow] ... the rates are moving in the direction that we actually expect them to be ...Rates are populating and...they were...moving at 90 miles an hour...I don’t know if we are going to have fixed rates when we go in or whether we're going to have variable rates because they're still being traded up or down...But whichever it is they're going to be...
very good. And I heard... that the contract rate on the dinar is going to be very very high... the contract rate is based on what a barrel of oil in Iraq can be sold to a buyer like Turkey who's buying oil by the barrel from Iraq, that created a...contract rate for us... So I think we're going to be very pleasantly surprised by that...we're looking forward to getting this very soon.
We know that...Iraq paid back the IMF – a loan that they got in 2003...that's when the new 25 10,000 5000 1000 dinar notes were printed. Our notes that we have now are printed starting in 2003. And they paid the IMF back at $8 billion against a loan Iraq received in 2003... Now, to do that, you had to have a revalued dinar...to make that doable...
the rates are actually on the ATM’s in Baghdad in airports and other places. So have they converted over to I think the new rate in country – yes... they're keeping it hidden until they're ready for everything to be released.
...we have about 17 - 18 currencies that are going up substantially in value. We know that you know that obviously dinar and Dong - Dong is one of those...
Within the 2024 budget. Sudani announces a package of projects for the upper threshold, 23 MAY
Within the 2024 budget. Sudani announces a package of projects for the upper threshold
Baghdad Today - Baghdad
Prime Minister Mohamed Shia Al-Sudani announced on Thursday (May 23, 2024) the launch of executive works in urban development projects for the southwestern side of the Haidari Sahn.
The Sudanese Media Office said in a statement received by "Baghdad Today", that "Prime Minister Mohammed Shia Al-Sudani, launched the executive work in urban development projects for the southwestern side of the Haidari Al-Sharif courtyard, during his visit to the city of Najaf, which he arrived on Thursday morning."
According to the statement, Al-Sudani stressed that "the visit to Najaf within the periodic visits to all our provinces, to follow up on the progress of services and implement priorities in infrastructure projects and economic development, in addition to the province's privacy that necessitates attention and dedication to it."
The Prime Minister indicated that "infrastructure projects have a great deal of attention, and there will be follow-up by specialized teams present in the province for the purpose of overcoming obstacles," noting that "additional financial allocations are being made to the governorate, And that there is a follow-up to the lagging projects that are being completed, as the focus is on infrastructure and service projects, because they are the basis of any development process."
He explained that "the (multi-layered garage) project comes in line with the government's vision to alleviate urban problems in the city center of Najaf, including improving infrastructure, using renewable energy and sustainability for the green environment, and facilitating and streamlining the movement of visitors and serving them."
According to the statement, Al-Sudani announced "the approval of a package of important projects for the shrine, which were included in the 2024 budget tables, namely:
- The project of expropriating buildings located on the southern side of the upper holy shrine, at a cost of 65 billion.
- The project of the Afaf Women's Hospital, at a cost of 10.312 billion.
- Carpet washing project for the Haidari plate, at a cost of 3.406 billion.
- A project of acquisitions for the development of the southern side of the Haidari courtyard, at a cost of 75 billion.
- The project of constructing the tunnel of the Prophet (PBUH) at a cost of 12 billion.
- Tusi tunnel project, farewell square, at a cost of 16.4 billion.
- Adaptation of the Haram and Abu Talib Gallery, at a cost of 11 billion.
- Equipping Al-Afaf Hospital, at a cost of 11 billion.
It is noteworthy that the multi-storey garage project (Najaf Grand Garage) consists of eight floors with a capacity of 2,500 wheels, and includes 4 parts, in which the standard of preserving the architectural identity of the city of Najaf was adopted, as it It includes a tunnel linking the new Hajjah (Aj) Street and the Haidari courtyard, in addition to tourist and recreational facilities.
"GREAT AND BIG EVENTS HAPPENING IN IRAQ AND ZIMBABWE" FROM MARKZ AND MILITIAMAN PODCAST, 23 MAY
GINGER
MM: To me it’s no coincidence that Iraq has done all their different advancements and that Sudani is going to launch his development road projects on May 30th. so Sudani was telling the world he was going to do something in the month of April – and he did it.
MM he said in the past that the dinar was going to be stronger than the dollar. And , we are expecting that.
MZ: and yesterday Sudani said they were starting the second phase of their economic reforms.
MM: And at the bottom of an article yesterday he said they were about to strengthen the dinar.
MZ: To strengthen the dinar is to add more purchasing power and be stronger than the dollar. For it to be stronger than the dollar it has to be worth more than a dollar.
MM: yes.
MZ: People want to know if they can drag this out until next year?
MM: We don’t know the timing. But, I don’t think we are even close to go that long. There is way too much going on in the world and this is not only about Iraq. Remember all boats rise with the tide.
MZ: Things are finally getting tangible enough that I can be excited.
MM: This is an amazing event that we are watching unfold.
Member: Thank you so much MM and Mark
Be sure to listen to the full replay for all of MilitiaMan’s information and opinions.
MZ: This one is important. “Increased capacity in Iraq’s refineries “ They are coming up to speed to produce all of their domestic petroleum needs. $25-$30 millions of dollars worth of gas per day . This is gas for pumps and cars. They are ready to be an exporter of gas. This is new for Iraq and key for their economy.
MZ:” Zimbabwe applies for ISO code for ZIG currency” To be international. I think this is a big one.
Member: Okay all, Let’s Be Of The Highest Vibrations! The Universe is listening and will give you more of what you say! If you say you’re tired, you get more tired. The Universe Always Says Yes!!!
Member: Julie Green A turn around coming, per God's prophetic word. Says get ready!
Member: Thank you MarkZ for all you do for us to keep us informed and an early Happy Birthday to you
(MarkZ’s Birthday is tomorrow)
Member: Mark so they tell me it’s your birthday so happy birthday darling May you live may you love May all your dreams come true Happy Birthday to you……God Bless
MZ: Thank you for the pre birthday wishes.
Politician reveals political agreements to vote on personal status law, 23 NOV
Politician reveals political agreements to vote on personal status law Abdul Hamid al-Dulaimi, a member of the Anbar Sovereignty Alliance, r...
-
Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...