Thursday, June 13, 2024

Iraqi PM vows action on energy crisis, sacks underperforming officials, 13 JUNE

Iraqi PM vows action on energy crisis, sacks underperforming officials


Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani on Wednesday pledged a large-scale overhaul of the country's energy sector, vowing to secure fuel supplies, root out inefficiency, and explore renewable energy solutions.

Al-Sudani, according to a readout issued by his bureau, chaired a meeting with representatives of the electricity and oil ministry, for talks on addressing Iraq's chronic power shortages. 

The premier, according to the statement, issued a set of measures to secure fuel for power plants and continue supporting private generators during summer.

Al-Sudani dismissed "engineering and technical leaders who failed in their duties," promising a major crackdown on mismanagement in the electricity sector.


He also vowed to combat corruption in oil ministry projects and expedite promising power generation projects. A dedicated team within his office will spearhead the transition of government buildings to solar power, while regional cooperation on interconnectivity projects will continue, according to the statement. 

Many households subscribe to neighbourhood generators for emergency supplies, if they can afford it, as the country suffers regular outages during the summer.

Protests over unreliable power supplies have been common in Iraq, with the most recent taking place earlier this month.


In addition to importing electricity from neighbouring countries like Iran, the government has been expanding its electricity generation capacity. But ministry figures say it still lacks the capacity to meet an estimated demand of 32,000 megawatts a day in the country.

Last year, Iraq signed a $27bn agreement with France's TotalEnergies, the largest foreign investment in Iraq’s history, to generate power using natural gas.

Many hope the deal will help resolve the country’s longstanding energy woes, attract international investors and reduce its reliance on imports.

"RV UPDATE" BY JON DOWLING, 13 JUNE

 JON DOWLING

Maliki’s about to drop some bombs today that will really stir the hornets nets.

 Could this be the final move before Israel makes their strike? 

We shall see. Let’s watch the Fed today for announcement of rate cuts as well with the CPI now surpassing expectations. 

@JonDowling

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JON DOWLING

Folks, Iraq has done the work. They just stopped two hundred companies from currency auctions without notice. They are ready to RI. 


We’re just waiting on Israel, who is dealing with Syria and other factions. Next their attention will turn to Iran. Be blessed and ignore the haters doubters and deniers. They will be silenced soon!  They will eat their words in regret. 


@Jon Dowling

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JON DOWLING

Bella Rose, [2 090 vistas, 05/28/2024, 11:38:50 a. m.]


Iraq continues to move forward with big happenings. We need to keep hearing from the ministry of planning, as they’re the ones to set the REAL rate in the private sector! 


Ignore this rumor of Iraq making a $100k note. Not true at all. These are haters within Iraq aka Iranian proxies trying to drive people out if the Dinar. Don’t help them. Sane with the loser trolls who can’t stand this is happening and that we are winning. Hold the line everyone! We’re waiting in Israel to do their final part as Iraq is ready to go. The budget is passed and implemented already. They can do this in twenty four hours no problem. 


@JonDowling

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Jon Dowling: Tax cuts, aka income tax removal and debt relief, aka debt forgiveness. Sounds like Gesara and Nesara to me! BRICS getting stronger by the day! Iraq is now in the WTO, they just need to make the official announcement.✅



https://dinarevaluation.blogspot.com/2024/05/rv-update-by-jon-dowling-and-ariel-via.html

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Everyone’s got their eye on Iraq RI, but that’s not the key. Here are the three key items that matter the most: 


1.) XRP winning their case outright and the firing of Gary Gensler at the SEC (who in turn holds a ton of XRP by the way)


2.) the repegging of USTC 


3.) then the Dinar and other things to go 


Sudani was successful in terms of getting the strategic framework signed last week in DC. He wisely used his leverage to join the BRICS under China and Russia if America didn’t cooperate, which surprise they did. 


This week he meets with Erdogan of turkey to sign everything else and move the ball forward. Let’s see how the rest of the aforementioned items play themselves out. 


* The Dinar will happen on a religious holiday, but not just any one. It will be a Yeshua Jesus ABBA holiday and nothing else. 


@JonDowlng


https://dinarevaluation.blogspot.com/2024/04/everyones-got-their-eye-on-iraq-ri-by.html

(URGENT) Legal: The Federal Court will vote on the unconstitutionality o...

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The industry opens the door to investment in the Al-Qaim phosphate plant, 13 JUNE

 The industry opens the door to investment in the Al-Qaim phosphate plant


Aziz Khalaf Al-Tarmouz, the Governor of Anbar’s Advisor for Energy Affairs, made the announcement on Wednesday that the Al-Qaim phosphate plant will soon be transferred for investment, ending a 15-year hiatus.

“A large number of investment companies have submitted their papers to obtain this investment opportunity,” Al-Tarmouz stated.

“It is hoped that the project will be referred to one of the international investment companies within approximately 45 days,” he went on to say.

“The plant is considered one of the most important sovereign strategic projects that serve the economy of Iraq and Anbar,” he went on to say, “The value of the investment contract is approximately 3 billion dollars.”

He made sense of, “The Service shut the delicate seven days prior, anticipating its reference to the pertinent worldwide organizations.”

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"SUMMARY OF WALKINGSTICK", 13 JUNE

 Walkingstick 

 Don't be dismayed if the rate is still the same in the budget when it comes out on Saturday...because Sudani is dealing with this [57 trillion] thievery...He could release an "operational" budget.
 [Iraqi bank friend Aki - highest level banking meeting update] 
 Sudani is putting contracts in place to be implement inside of Iraq.  Sudani has been doing this with thousands of contracts. 
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's proje...FOR READ MORE:

---- https://dinarevaluation.blogspot.com/2024/06/rv-update-by-walkingstick-8-june.html
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 [Iraqi bank friend Aki - highest level banking meeting update] 

 Sudani is putting contracts in place to be implement inside of Iraq.  Sudani has been doing this with thousands of contracts. 
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's projects...Those contracts will be fulfilled for their value but paid in IQD's only.
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[Information from Iraq bank owner #1 friend] 
  Ever since Sudani came back from Washington DC the government of Iraq...has been in the process of making...videos, commercials, advertising.  Sudani has been doing this on behalf of the executive level of all the pr...for read more:

Iraqi Dinar | Finally Reinstated with Forex Rate Big News For Investors ...

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The President of the Republic approves the National Security Apparatus Law, 13 JUNE

The President of the Republic approves the National Security Apparatus Law

President Abdul Latif Jamal Rashid approved the Iraqi National Security Service Law on Wednesday.

Abdul Latif Jamal Rashid confirmed the Iraqi National Security Service’s law, according to a brief statement released by the President of the Republic’s media office.

According to a statement from the House Media Department, the House of Representatives voted on the draft law pertaining to the Iraqi National Security Service on May 9, 2024.

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CAN THE POPULATION CENSUS SUCCEED IN DRAWING A NEW ECONOMIC POLICY IN IRAQ? WITH MNT GOAT COMMENTS, 23 NOV

CAN THE POPULATION CENSUS SUCCEED IN DRAWING A NEW ECONOMIC POLICY IN IRAQ? The Iraqi government is preparing to conduct a general populatio...