Al-Muttalabi accuses Al-Kadhimi’s government of procrastinating the agreement with China
Today, Saturday, an individual from the Territory of Regulation alliance, Saad Al-Muttalabi, denounced the past government headed by Mustafa Al-Kadhimi of dawdling the concurrence with China and the Silk Street.
Saad Al-Muttalabi said in a proclamation to the , “Iraq’s advantage requires the Silk Street to meet with the improvement street inside Iraq to be a beginning stage to Europe, noticing that the Silk Street and the improvement street for Iraq are significant in light of the fact that they comprise a beginning stage across the Mediterranean.”
He approached the public authority to “work to associate the two streets from inside Iraq and not be restricted to the way of improvement.”
He continued, “The introduction to linking Iraq to the Chinese Silk Road Initiative to guarantee strategic and economic projects for Iraq was the Belt and Road Initiative agreement, which was signed during the time of successive governments.” As a result, the Al-Kadhimi government made it easier to reactivate the agreement.
Saud Al-Saadi, the head of the Parliamentary Rights Bloc, said that the government should speed up the Chinese Belt and Road Agreement’s implementation. He also said that 60 parliamentary signatures had been collected to make the Chinese agreement work.
It is totally coming...Just because it hasn’t happened yet, doesn’t mean it’s not happening...there is no negative news. There is nothing telling us it isn’t moving forward anymore.
There is a lot of anticipation for this weekend. Bank/Redemption contacts say they are on call this weekend…and have an hour notification time. They have one hour- if called to go in. This was from 2 different contacts from 2 different states that said the same thing. This is very positive.
In Iraq news: “KBR wins $46 million dollar contract to support sustainable development in Iraq" This is actually more exciting then you think. This is an American engineering firm that was just awarded this 5 year options to support infrastructure and energy ambitions. This is a long term contract and they are moving forward with these mega projects.What do they need to do these mega projects that they want to start immediately? They need a heck of a lot more money than the current rate will support...It has moved beyond the planning phase and is in the execution stage. For it to be executed it needs dollars…and we certainly think we know where those dollars are coming from.
State of Law: Keeping the Americans will not give the government a second term
Today, an individual from the Province of Regulation alliance, Saad Al-Muttalabi, condemned the public authority’s exhibition in managing the biggest political records worried about eliminating the Americans from Iraq, while affirming that the public authority is pursuing the Americans to win their approval to win a subsequent term.
Al-Muttalabi said in a proclamation to the “, that the Iraqi government is pursuing the Americans so it doesn’t have a problem with a second term for the Sudanese,” taking note of that “the Iraqi Committee of Delegates, which endorsed the ejection of the Americans from Iraq, is the one in particular that has the option to concede the Sudanese government another term or not.” This flirtation with politics is unnecessary.
He proceeded, “The choice to proclaim a highly sensitive situation and broaden it for an extra year, which Biden reported, didn’t appear unexpectedly and was really in concurrence with the Iraqi government,” focusing “the requirement for the Iraqi road to uncover what the public authority’s expectations are in this record, particularly after the remarkable gathering of the obstruction groups.”
Al-Muttalabi said, at the end of his speech, “The American presence was with the approval of the Iraqi government, and the extension of the stay was also promised by a government agreement.” He also said that the Iraqi people’s demands are his right and that the government should work for the people, not their enemy.
It is noteworthy that the Iraqi Resistance announced last Wednesday an extraordinary meeting to discuss the American and Turkish foreign presence in Iraq. This announcement came as the government’s truce, which it had granted, was about to expire amid a suspicious tone in this file.
Iraq says they're opening a copper recycling plant. We talked about phosphates...sulfur...liquid natural gas and now we're talking about they're opening a recycling plant to do what?
To help their infrastructure. Infrastructure is what's driving the...Development Road Project. They're going to need thousands of tons of copper rods annually. They're going to be able to produce that...They have so many raw materials... It's nothing but bullish for this country.
Question: will the rate be fixed or a float?
Militia Man: Saleh who is the prime ministers financial advisor has released several articles on this. I think a managed float is exactly what they are talking about. It’s a form of a fixed…and a form of a float. It’s a component of both...If there was to be growth…imo it would be as conservative as they can.
They will need to keep the rate stable on the dinar. Contractors would not appreciate rate or price changes every day...remember the reinstatement rate 20 years ago of $3.22. Even the IMF has documents stating this was a relevant number. If it came out at that…they would keep the rate in a relevant range.Could it grow from there? It could. And they could adjust that accordingly but would probably keep it pretty tight.
Changes in the digital economy and their impact in Iraq
Researcher in finance and development affairs and academic Aqeel Jabr Ali Al-Muhammadawi
The beginning of the twenty-first century can be marked by the development of advanced digital technologies, a revolution in the information field, and the acceleration of the processes of economic globalization. Currently, the development of information technology plays an important role in society and the economy.
Individuals and society always seek to meet growing needs in a certain field of activity, while information technology expands the capabilities of all people, organizations and countries.
Information technology has not only changed the patterns of business and consumer behavior in the modern economy, but also laid the foundation for various processes: high-tech production and economic activity, development of financial services, changes in educational concepts and standards, digital transformation.
This infrastructure, formed on the basis of electronic interoperability, has become a new direction of global technology development in which economic activity depends on digital technologies.
The digital economy enhances competition and competitiveness not only within the country, but also at the global level. Therefore, any country, including Iraq, that seeks to compete and build competitive performance standards in the global market must properly exploit the potential of the digital economy and promote digital progress.
Iraq must catch up, accelerate the adoption of digital technologies, and ensure that everyone can access these technical benefits and modern information technology.
At the same time, fulfilling the promise of digital mainstreaming requires balancing risks and opportunities. As the world transitions to digital technology, preventive measures are critical to enhancing trust. Laws must be put in place to protect data, achieve cybersecurity, and create strong institutions to develop and enable robust, interconnected digital systems that can verify identity, transfer payments quickly and securely, and exchange data responsibly.
For Iraq to reap the benefits of technological and technical progress in digitization and artificial intelligence, and participate fully in the global digital economy?
In order to accelerate the pace of engagement in the digital economy community with deliberate and reliable steps, Iraq should adopt the methodology of the digital economy and modern financial digitization. My agencies:
1- Bridging the global digital divide: Despite the rapid spread of new technologies in various parts of the world, 37% of the population, each person, is still deprived of Internet services. In addition, a large percentage of Iraqis are not involved in advanced information technology applications.
2- Preparing for the jobs of the future: Innovation radically changes the nature of work: new jobs are emerging, and other jobs are developing. In order to compete and contribute to raising the level of competitive performance standards of the digital economy, Iraq will have to prioritize education, vocational education and training, and build the digital, technical and technological skills of its workforce.
3- The importance of developing safe and reliable digital systems: With the world’s shift to modern digital technology and technologies, strengthening capabilities in areas such as cybersecurity, data protection, and maintaining the modern digital financial and economic system has become more important than ever before.
4- More funding to provide Internet services and IT applications for all: Providing broadband services for all will require more than $100 billion by 2030, and the public and private sectors cannot do this alone. Governments must undertake bold reforms, and the private sector can reduce costs and risks and increase efficiency, innovation and leadership. link