Tuesday, June 11, 2024

🔥 Iraqi Dinar 🔥Focus On New Exchange Rates, Lower Notes, and Economic T...

"SECURITY & STABILTY STAND SHOULDER TO SHOULDER!!!" BY FRANK26, 11 JUNE

KTFA

FRANK26: "SECURITY & STABILTY STAND SHOULDER TO SHOULDER!!!"...........F26

Al-Sudani: The government has provided a safe investment environment and financial and banking facilities that are attractive to experienced companies

6/9/2024

Prime Minister Muhammad Shiaa Al-Sudani confirmed that the government has provided a safe investment environment, and financial and banking facilities that are attractive to experienced companies, which opens horizons for continuous cooperation, reflects positively on the local economy, creates job opportunities, and maximizes Iraq’s oil resources, in light of The goal of converting at least 40% of Iraq's oil exports into derivatives and refining products, in addition to gas investment.

A statement from his media office said that today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani, Chairman of the Board of Directors of Al Hilal Companies, Mr. Hamid Jaafar, and his accompanying delegation, indicating that the meeting witnessed a review of the progress of work in the projects undertaken by the company in Iraq, especially the company’s project within the fifth round of licensing. In addition to confirming the government’s vision to expand productive partnerships with companies and regional and international economic groups, in cooperation with the Iraqi private sector, within the government’s platform for economic reform.

For his part, Hamid Jaafar expressed his appreciation for the government’s steps in facilitating all aspects of fruitful work, and the Prime Minister’s directives to remove obstacles and impediments that hinder the work of investment companies, and to prepare everything that would raise levels of cooperation.

LINK

"THE DINAR AGREEMENT BETWEEN IRAQ AND UNITED STATES" BY STARR FROM GINGER TELEGRAM ROOM, 11 JUNE

STARR KARLOSKI

The Dinar Agreement,

a significant deal between Iraq and the United States, is part of the broader framework of the U.S.-Iraq Strategic Dialogue aimed at enhancing bilateral cooperation across various sectors. This agreement encompasses several key areas:

Economic and Financial Reforms: The United States is assisting Iraq in reforming its financial and banking sectors to combat corruption, money laundering, and to better integrate with the international economy.

This includes transitioning Iraqi banks from the traditional wire auction mechanism to direct correspondent relationships with international banks by the end of 2024 (The White House) (State Gov).

EEnergy Sector Development: Iraq is working towards energy self-sufficiency with support from U.S. companies. Efforts include modernizing the energy sector, reducing methane emissions, improving electricity reliability, and completing electrical grid connections with neighboring countries.

This initiative also aims to capture flared gas and reduce dependency on energy imports from Iran, potentially saving Iraq billions annually (The White House) (United States Institute of Peace).

Security Cooperation: The agreement emphasizes the need for Iraqi security forces to independently ensure the country’s security, aiming to prevent the resurgence of ISIS.

The establishment of the Higher Military Commission (HMC) in August 2023 aims to transition from a coalition-based security framework to bilateral security relations between Iraq and the United States (State Gov) (United States Institute of Peace).

Regional Integration: The United States supports Iraq in strengthening its relations with regional and international communities to enhance security, stability, and prosperity. This includes efforts to integrate Iraq's economy with the broader Middle East and support democratic processes within the country, including in the Kurdistan Region (The White House) (State Gov).

Overall, the Dinar Agreement reflects a multifaceted approach to fostering a stable, sovereign, and economically integrated Iraq, building on longstanding strategic partnerships and shared goals between the two nations. sources used: http://whitehouse.gov/briefing-room/statements-releases/2024/04/15/joint-statement-from-the-leaders-of-the-united-states-and-the-republic-of-iraq/… http://state.gov/joint-statement-on-the-u-s-iraq-strategic-dialogue/… http://usip.org/publications/2024/04/baghdad-ready-new-chapter-us-iraq-relations…

1:58 PM · Jun 10, 2024

Iraqi dinar | IMF Statement | Iraqi Dinar News Today 2024 | dinar news

"MONETARY REFORM SECURITY & STABILITY!!!" BY FRANK26, 10 JUNE

KTFA

FRANK26:"MONETARY REFORM SECURITY & STABILITY!!!"............F26

The local government in Mosul calls for allowing exchange companies in Nineveh to enter the dollar selling window

6/8/2024

The local government in Nineveh announced that it will approach the Central Bank of Iraq and the Prime Minister's Office in order to allow banking companies in Nineveh to enter the currency selling window.

Abdul Qadir al-Dakhil, Governor of Nineveh, said in a statement to the National Iraqi News Agency ( NINA ) that he "met with a number of owners of banking companies, and that it is unreasonable for Nineveh to remain alone without banking companies, indicating that this affects the economic situation in the province."

For his part, the head of the The Association of Banks in Nineveh Abdullah Khalil said in a statement to Nina that “Nineveh is still denied entry to the dollar selling window despite taking all the measures and instructions imposed by the Central Bank.”

He explained that “Nineveh’s entry into the window will give the people the right to obtain the dollar at the Central Bank’s price similar to that.” In the rest of the governorates.”

LINK

"WE DONT SEE THE BUDGET IN THE GAZETTE" BY FIREFLY, 11 JUNE

Frank26

[Iraq boots-on-the-ground report]

FIREFLY: We don't see the budget in the Gazette. We have not had a single word from parliament...Parliament said it was to be sent to be published in the Gazette...

FIREFLY: Alaq said Iraq returning to the glory days and it will surpass those days.

FRANK: This caught me off guard. They're talking to them a lot. We told you they would...They're releasing the videos, we told you they would. Alaq is telling the people, look I got a mechanism, you know what it is, it's a new exchange rate... 'Iraq is returning to the glory day...and will surpass those glory days.' I told you, you would never see 1 to 1. There's a reason they kept it at 1310 and they're going to return back to the glory days which was $3.22 because this is an RI, reinstatement...IMO this is happening.

DINAR REVALUATION