Deputy Prime Minister and Foreign Minister Fouad Hussein arrived on Thursday in the city of Bern in Switzerland with an official visit.
According to a statement, according to a statement by the Foreign Ministry {Euphrates News} received a copy of it, will hold a series of political meetings with Swiss officials.
The Foreign Ministry’s statement added, Fouad Hussein is also participating in other meetings to discuss many issues related to strengthening bilateral relations between the two friendly countries and ways to develop them.
Article: "An International group removes Iraq from the “notorious” financial list"
Quote: "On Wednesday, the Middle East and North Africa Financial Action Task Force (MENAFATF) classified Iraq as a country highly committed to the recommendations for combating money laundering and terrorist financing."
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Article: "Notice on the Continuation of the National Emergency With Respect to the Stabilization of Iraq"
Quote: "
The obstacles to the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303."
Article: "The Central Bank begins the second phase of its banking reform strategy"
Quote: "what will be achieved from the second phase of the banking reform strategy will be reflected in the stability of the exchange rate and the recovery of the Iraqi dinar inevitably"
Al-Sudani: We will not let the projects stop in any governorate, and their completion will change the economic and social reality
5/23/2024
Prime Minister Muhammad Shiaa Al-Sudani stressed today, Thursday, that we will not let the projects stop in any governorate, indicating that their completion will change the economic and social reality of the governorate.
The media office of the Prime Minister stated, in a statement received by {Al-Furat News}, that “Al-Sudani chaired, in the Najaf Governorate building, a meeting of directors and officials of service departments and formations, during which the reality of services in the governorate was reviewed, and the most prominent problems and obstacles facing the progress of implementation of service projects.” ".
He stressed that "the government kept in mind the citizen's entitlements when preparing the government program, and made the necessary basic services among the most important priorities, especially the lagging and stalled infrastructure projects related to the health, education, and other sectors, due to the conditions of war, terrorism, and instability."
He explained that "there is pressure on services and infrastructure in all sectors in the governorate, for various reasons, the most important of which is the delegations of visitors to Najaf Al-Ashraf."
The Prime Minister said during the meeting: “We look at services starting from the perspective of lagging projects, some of which date back to 2008, such as the treatment plant project,” pointing out that “the continuation of lagging projects causes collapses and changes in prices that burden the state.”
He added, "The federal government and local governments form one team," noting that "the voter for local governments is awaiting the results of his participation in the elections."
He continued: “Our visit aims to develop solutions to the problems, and we do not want to repeat the same excuses after a month or two,” adding: “We are following up on the smallest details and developing solutions, and we have allocated financial allocations, but we are governed by a budget and allocations, and the ability to spend these allocations.”
He added: "We will not let the projects stop in any governorate, and the completion of the projects will change the economic and social reality of the governorate," adding: "Visitors to the Old City come from all over the world, and the level of services in the governorate is measured in light of what is available in this area of the city."
He pointed out that "investing in Najaf Governorate is necessary to develop the industrial city and complete it in various aspects," calling on businessmen to "invest sovereign guarantees to establish agricultural and industrial projects."
He stated that "the indicators of the agricultural season confirm the growth in production, and 5 trillion dinars have been allocated to pay the dues of farmers and farmers, and Iraq is on the path to achieving self-sufficiency in basic crops." LINK
Militia Man: Sudani...said in the past that the dinar was going to be stronger than the dollar. And, we are expecting that...an article yesterday he said they were about to strengthen the dinar.
MarkZ: 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...Things are finally getting tangible enough that I can be excited.
Militia Man: This is an amazing event that we are watching unfold.
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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
Sudanese calls on the private industrial sector to invest in raw materials available in Iraq
5/23/2024
Tuesday, Prime Minister Muhammad Shiaa Al-Sudani called on the Iraqi private industrial sector to invest in the raw materials available in the country.
This came during the launch, in Najaf Governorate, today, of the executive works on the Iraqi Diyar Glass Factory project.
The project is the first to be implemented in accordance with the sovereign guarantees approved in the budget, and in cooperation between the Trade Bank of Iraq (TBI) and the German Export Bank. It also represents the most important forms of cooperation between Iraq and Germany, the foundations of which were laid during His Excellency’s visit to the German capital, Berlin.
Al-Sudani stated that this factory is being implemented in an industrial city by an investor who is responsible for providing all services. The industrial city is also preparing to embrace industrialists and provide land and services, which is a feature that we aspire to be implemented in all governorates.
He pointed to the new project, which is the first to produce glass, with a capacity of 800 tons per day, which means 25% of the local market’s need. The factory will rely on silica available in Iraq, stressing the availability of many raw materials that have not been invested. He also directed the necessity of implementation according to the plan and schedule. Timeline.
The Prime Minister affirmed the government’s support for the private sector, and the provision of guarantees for all priority projects, especially the housing and construction sector, which represents a large demand for construction materials, indicating the country’s need to triple the existing factories for coverage.
Al-Sudani called on the serious private sector to invest in this important opportunity, as the government continues to remove obstacles and bureaucracy, as this path will provide real job opportunities, and larger industries will settle in this city and other industrial cities. LINK
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The Big Bopper: Hi KTFA Family, Does this represent the first project to start from the 2024 budget schedules? IMO, it sure reads like that….. on Wednesday’s CC, Frank asked if we could produce an article that showed the new sovereign guarenteed contracts at work from the 2024 budget schedules, if im not mistaken, this looks like the first!!
Am I wrong on this, my opinion mistaken? Please anyone that has an opinion or can clarify this articles meaning, other than the very clear and obvious words in it, we should see something soom? Thanks Clare for this! Thank You kindly, The Big Bopper
Clare: IT'S A GREAT ARTICLE...VERY TELLING. SUDANI IS GETTING IT DONE! HE IS A GREAT LEADER FOR IRAQ IMO
The project is the first to be implemented in accordance with the sovereign guarantees approved in the budget,