Planning: The Population Census Will Achieve Fair Distribution Of Wealth Among The Governorates, 1 JUNE

 Planning: The Population Census Will Achieve Fair Distribution Of Wealth Among The Governorates

Economy News – Baghdad   The Ministry of Planning confirmed, on Thursday, that the general census of population and housing will give accurate figures about the size of the real population mass in each governorate, and will achieve fairness in the distribution of wealth among them.

The spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “the general census of population and housing is one of the field foundations for resolving the existing controversy regarding the provinces’ entitlements from the general budget,” explaining that “the census “It will result in a fair distribution of wealth among the governorates, because most of them complain of the limited financial allocations they receive that are not commensurate with their population density.”

Al-Hindawi added, “The estimated and statistical censuses will give accurate numbers about the size of the real population mass in each governorate, and therefore the state ministries will develop their action plans to fulfill the requirements for each governorate to enjoy its right from the general budget, according to the number of its population that will be mentioned in the general census.”

He stressed that "the Ministry is striving to adopt international scientific standards and field methodologies in conducting the census, using modern electronic technologies," expressing his hope that "the accuracy, reliability, and comprehensiveness of the data will reach 90 percent or more." Views 88  Added 05/30/2024 -  https://economy-news.net/content.php?id=43874

"RV UPDATE" BY MNT GOAT, 1 JUNE

 Mnt Goat 

  I wanted to share an interesting conversation I had...with my CBI contact this past Wednesday...I was told that the committee to work on the Project to Delete the Zeros has sent the CBI prepared articles to the news media for the sake of educating the citizens on the upcoming process. However, they are dated and so they are for the near future and not for current news.  Yes, they are getting ready and moving ahead.

...we read three articles about the CBI official rate equaling the Parallel or Black market rate in the coming days. WOW!...Saleh, the prime minister’s financial advisor, then goes on to say this will make one dinar equal to one dollar in Iraq. WOW! ...I was told by my CBI contact months ago to watch for right before the CBI makes one more “official” rate change closer to 1000 from 1320. If you take 1000...and delete the three zeros 1000 what do you have? Of course, you have a situation of 1 dinar equals 1 dollar...But I believe that when they CBI does make this next official rate change it will move closer to 1166 and not 1000 which would make 1 dinar = 1.16 dollars just over a dollar to help the banks retrieve these dollars hoarded outside of the banks...   Let’s sit tight and watch this play out.

 Samir Al-Nusairi, the Central Bank announced that it will launch the national lending strategy on 5/25/2024, which is a clear announcement of the beginning of the second phase of its banking reform strategy...CBI announces it has completed the first phase of it by...building solid international banking relationships with international banks and correspondent banks. Get ready….

 The UN, IMF and World Bank all on one day, Thursday, noted significant progress that Iraq has made in recent years, despite ongoing challenges. The reinstatement spigot has been opened. The direction is now clear.

So, in today’s news we read multiple articles coming out from the CBI and the Iraqi news telling us about yet more “WOW!” news...much of this news is confirming what my CBI contact told me recently so my trust level of my contact increases too. ...In today’s news the CBI is telling us they are moving into the “second phase of banking reforms” ...WOW! WOW! WOW!  ...Folks this RV train is moving along rapidly now. It is right in our faces now what they are doing. No more guessing or hoping. The reinstatement spigot is now wide open! ...The reinstatement is coming...Folks, it is now EXPLODING!  

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-mnt-goat-23-may.html

So, in today’s news we read multiple articles coming out from the CBI and the Iraqi news telling us about yet more “WOW!” news...much of this news is confirming what my CBI contact told me recently so my trust level of my contact increases too. ...

In today’s news the CBI is telling us they are moving into the “second phase of banking reforms” ...WOW! WOW! WOW!  ...Folks this RV train is moving along rapidly now. It is right in our faces now what they are doing. No more guessing or hoping. The reinstatement spigot is now wide open!...The reinstatement is coming...Folks, it is now EXPLODING!  

 Folks just remember I am telling you that Iraq already has a value to the dinar way above the 1/6 of a penny. They do not have to develop the private sector to raise the dinar, the economy or...export more products... 

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-mnt-goat-22-may_0247460925.htm

Iraqi Dinar | American Bank Big Announcement About New Exchange Rate Of ...

Al-Rafidain Announces The Implementation Of The Comprehensive Banking System In 27 Branches In Iraq, 31 MAY

 Al-Rafidain Announces The Implementation Of The Comprehensive Banking System In 27 Branches In Iraq

Economy  Thursday, May 30, 2024 Baghdad/National News Center Al-Rafidain Bank

Announced   These two branches join the other branches in which the comprehensive system was activated in Baghdad and the governorates, which amount to 27 branches, in addition to the branches of the border crossings (Zurbatiyah, Safwan, Arar, and Trebil).

This step represents an important part of the bank’s efforts to leave paperwork and move completely towards electronic transformation, in line with the priorities of the government program that focuses on electronic transformation in financial transactions. This transformation aims to reduce the number of red tape for citizens and reduce time and effort in completing their transactions.

Rafidain Bank confirmed that the plan for digital transformation and adoption of the comprehensive banking system is proceeding according to the set timings, with the aim of including all branches of the bank with the application of the system, which enhances the efficiency of banking service and increases customer satisfaction.   https://nnciraq.com/256707/

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 31 MAY

  Frank26   

[Iraq boots-on-the-ground report] 

  FIREFLY:   Television is showing a report on paper from IBBC on the de-dollarization inside of Iraq.  They're telling us they've been doing it all this time...They even talk about that part from the World Bank discussion on changing the dinar exchange rate.  It's powerful.  This is all on the news.  

FRANK:  The monetary reform education to you citizens will get very loud...

FIREFLY:  Sudani didn't say anything about the rate inside of the budget.  They didn't say a word.  COM didn't say anything.  COM saw the budget with Sudani.  We see them sitting there and they're looking it over but nothing is announced except the approval and that it's going to the House of Parliament now.  

FRANK:  You know very well what' going on.  He will protect the budget until the very last nano second.

  FIREFLY:  The news has that specialist...talking about the best way to fill in the gap for the dinar and the dollar (illegal market).  He's telling us the best thing for it to do this is to float...Saleh now talking saying the CBI is the only one that can control this needed float. 

 FRANK:  They're going to float your currency because with a float they can come out at a higher rate than 1 to 1...this is a reinstatement of your exchange rate...The fact that they're talking about floating all day long...is because this is the next step in the monetary reform.  Once they give you the new exchange rate and your new currency seconds later your currency will start to float...on international platforms

----

https://dinarevaluation.blogspot.com/2024/05/iraq-boots-on-ground-report-by-firefly_0747223174.html

FIREFLY:  The news has that specialist...talking about the best way to fill in the gap for the dinar and the dollar (illegal market).  He's telling us the best thing for it to do this is to float...Saleh now talking saying the CBI is the only one that can control this needed float. 

 FRANK:  They're going to float your currency because with a float they can come out at a higher rate than 1 to 1...this is a reinstatement of your exchange rate...The fact that they're talking about floating all day long...is because this is the next step in the monetary reform.  Once they give you the new exchange rate and your new currency seconds later your currency will start to float...on international platforms

----

FIREFLY: Ever since Sudani came back from Washington DC he has been talking to us about metal coins and paper fils.  He said the coins are both silver and gold...

 FRANK:  The monetary reform education is being presented to the Iraqi citizens...

FIREFLY:  International Development Bank opens in Erbil.   

FRANK:  Notice how they are preparing your banks in many ways to receive the new exchange rate when Sudani releases it.  They talked to you about the float...the basket... the lower notes...the old lower notes, your history...Now they're going to tell you Iraqi citizens about your banks...they are educating you on the many services that your banks will be offering you once this exchange rate is released.

 FIREFLY:  Television says Iraq is now producing 1 million liters of gasoline on a daily basis with the new refineries...They are saying we will have enough gasoline for our self sufficiency of our county and also for global trading on the market..

 FIREFLY: They said our success is from the visit to the United States of America because it lifted almost all sanctions on our banks and others are close to being lifted too.  

FRANK:  They also delivered the new exchange rate.

https://dinarevaluation.blogspot.com/2024/05/iraq-boots-on-ground-report-by-firefly_0858585158.html

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Hisham Al-Rikabi confirms the government's interest in restoring Iraq's status on the Arab and international levels., 31 MAY

Hisham Al-Rikabi confirms the government's interest in restoring Iraq's status on the Arab and international levels

5/30/2024

Member of the Board of Commissioners of the Media and Communications Commission, Hisham Al-Rikabi, confirmed today, Thursday, the government’s interest in restoring Iraq’s status on the Arab and international levels.

Al-Rikabi said in a blog post on the “X” platform: “The decision to choose Iraq to head the Council of Arab Information Ministers and to host Baghdad for its fifty-fifth session came as a result of the government’s interest in restoring Iraq’s position on the Arab and international levels and the keenness of the Media and Communications Commission to develop this sector and continue consolidating the foundations of freedom of opinion and expression.” In the country."  LINK