Friday, June 7, 2024

Iraqi Dinar✅Congrats IQD Holder's Get Ready For Changed Their Dinar's To...

Canadian Foreign Ministry: We Will Reduce Our Diplomatic Presence In Iraq In 2025, 7 JUNE

 Canadian Foreign Ministry: We Will Reduce Our Diplomatic Presence In Iraq In 2025

Thursday 06, June 2024 20:13 | Political Number of readings: 107  Baghdad / NINA / The Canadian Ministry of Foreign Affairs announced its intention to reduce its diplomatic presence in Iraq, after the end of its country’s strategy to confront the threat of ISIS in the coming year.

A Canadian Foreign Ministry spokesperson told the Kurdish media network Rudaw: “Canada’s Middle East strategy, which was originally created to confront the direct threat posed by ISIS in Iraq and Syria, and its effects on neighboring countries Lebanon and Jordan, will end in March 2025.”

The spokesman added, "When the strategy ends, Canada's diplomatic presence in Jordan and Iraq will be reduced, and our office in Erbil in the Kurdistan region will be closed. "

He stressed that Canadian embassy officials in Iraq will “actively” maintain regular communication with officials and people in the Kurdistan region.

A Canadian Foreign Ministry spokesman explained that these changes are consistent with the process of refocusing government spending, indicating that in the 2023 budget, the Canadian government committed to reducing spending by $14.1 billion over the next five years, starting from 2023-2024.

Canada is a member of the US-led international coalition against ISIS, which was formed in 2014 after the organization took control of large areas of Syrian and Iraqi territory./End 9 https://ninanews.com/Website/News/Details?key=1131079

"RV UPDATE" BY NADER FROM MID EAST, 7 JUNE

Nader From The Mid East  

The UN agreement, 2003 when they invaded the country, now they said the last day is next year 2025.  They been talking about the end of the war and this is one of them.  That is very good news. 

 We talk about sovereignty, that's one of them.  It's good for Iraq.  It's going to make Iraq stronger and happier...Sudani what he's talking about the coalition gonna leave in 2025...it's official.

--

'Nader you said it was going to happen in June.'  No I didn't say in June happen. 

 I said June they're a possibility for them to work on the dinar because each time they worked on him it's between June and August...They created a new white paper.  They're going to start working on the exchange rate and I think from here to the 8th of July.   We'll see what's going to happen.

Iraq wanted to de-dollarize.  They start de-dollarizing in January but it didn't work for them too much. 

 The government didn't expect that to happen even by telling them that the dinar are stronger...use the dinar instead of the dollar for the benefits of the country.  They tried everything.  Now, they said that plan didn't work so they come out to the new white paper...They realized they cannot do nothing without changing the exchange rate.

They're going to have to go down in the exchange rate for the de-dollarization...They're going to have to change their exchange rate...Between now and 8th of July we should have an answer...

 what they going to do?  Are they going to change the exchange rate...keep it the same...go up...go down

 I think they're going to have to go down on the exchange rate a lot for them to take off the dollar from the street.

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-nader-from-mid-east-1-june.html

Iraqi Dinar | Wow Gazette Exchange Rate Budget Done Finally | IraqI Go...

It Includes 4 Stages.. The Ministry Of Interior Determines The Impact Of Digital Transformation On Citizens, 7 JUNE

 It Includes 4 Stages.. The Ministry Of Interior Determines The Impact Of Digital Transformation On Citizens

money and business  Economy News – Baghdad  The Ministry of Interior announced today, Thursday, that managing the digital transformation file includes 4 stages, while indicating that digital transformation has reduced the burden on citizens and removed the similarity of names to controls.

Director of the Information Systems Directorate in the Ministry, Thamer Al-Amiri, said: “Managing the digital transformation file in the Ministry of Interior includes several stages, building the ministry’s own systems and managing strategic projects, including the passport project and the visa project, as well as the electronic gates at airports as well as the digital data center.”

He explained, "These projects led to reducing the burden on the citizen and removing the similarity of names in the detention centers, as a special system was launched to investigate and measure the efficiency of implementing arrest warrants at the state level."

He added, "We contributed to tracking the crime, by quickly sharing information between the security services and providing communications to facilitate the tracking of terrorism, as well as the presence of cameras and the preparation of special studies in this regard." 120 views  Added 06/06/2024 - https://economy-news.net/content.php?id=44078

"RV UPDATE" BY MNT GOAT, 7 JUNE

 Mnt Goat  

 This month I believe is going to be a critical month for us investors... 

 Article:  "CENTRAL BANK: THE ISSUANCE OF NEW MONETARY DENOMINATIONS WILL NOT AFFECT THE DINAR EXCHANGE RATE”  I would consider this “WOW!” news.

  Quote:  "... the issuance of new cash denominations, large or small, will not affect the dinar exchange rate."   If the CBI drops the zeros (project to delete the zeros) the rate of the dinar will remain the same in-country of Iraq.   It only changes when the reinstatement back to FOREX occurs...the value is already in the dinar... only the rate, right now, does not reflect the true rate... 

Why...on May 27th did the CBI make this announcement about the issuance   of newer lower denominations?   Could they be heading into June for the redenomination of the three zero notes?

 Article quote:  “The budget is not affected by the rise or decline in dollar exchange rates, because Iraq will receive the dollar from the export of oil, and on the contrary, revenues increase as dollar prices increase globally,”

  The rate of the dollar to the dinar will NEVER be in the budget...NOT GOINGTO HAPPEN! ...The budget is dependent on the price of oil.

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