Sunday, June 30, 2024
PM Advisor details government decisions supporting industrial projects
INA - BAGHDAD
PM Advisor for Industry, Development and Private Sector Affairs, Hamoudi Al-Lami, detailed on Friday the most prominent government decisions and privileges granted to industrial projects, while confirming that Iraq has achieved self-sufficiency in reinforcing steel and cement.
"The recent decisions of the Cabinet granted many privileges to owners of industrial projects. The Prime Minister confirmed that Iraq is about to establish industrial cities in Baghdad and all governorates, as the cities will need large quantities of construction materials that include reinforcing steel, cement, bricks, paints, pipes, and others," said Al-Lami to the Iraqi News Agency - INA.
He highlighted, "The Prime Minister directed industrialists to seize the opportunity of government support and decisions taken by the Cabinet, as to race against time, considering that some projects have already started and other projects will be launched after completing the legal procedures by contracting with the implementing agencies."
"Among the government decisions that were taken is that the customs duty be 5 per thousand on raw materials, production lines, supplies and everything related to expanding existing production projects, which is a number close to zero, and it will be a major factor in supporting industrialists and their products," he included.
Al-Lami stressed that "there is another decision that industrialists have benefited from related to the rent allowance, considering that most projects are built on leased lands that belong to the state. The decision obligated the Ministry of Construction, Housing, Municipalities and Public Works as well as the State Real Estate Department to collect reduced rents for the lands on which industrial projects are built."
"Among the decisions is also obligating all government banks to lend to owners of industrial projects to establish the project or expand the project or by guaranteeing the project's assets. A committee was formed in the Advisory Board to prepare a mechanism for implementation in the coming few days, in addition to providing petroleum derivatives, as the projects need petroleum derivatives to operate them and those obstacles have been resolved," he explained.
Regarding industrial production capabilities, he pointed out that "Iraq has achieved self-sufficiency in reinforcing steel, as the current capacity is 5 million and 120 thousand tons, while the need does not exceed 4 million and 400 thousand tons. There are new projects that will produce 3 million and 250 thousand tons. Iraq has also achieved self-sufficiency in cement, as 17 factories produce about 45 million tons, while the actual need reaches 35 million tons, meaning that there is a surplus of up to 10 million tons."
"We also have 15 factories under construction that will double production after completing them to higher numbers. PM Al-Sudani stressed an important point, which is the expansion of projects, considering that Iraq is approaching projects and those projects need more materials," he concluded.
https://ina.iq/eng/33299-pm-advisor-details-government-decisions-supporting-industrial-projects.html
CBI CONTACT INTEL: PROJECT DELETE ZEROS AND ATMs by MNT GOAT, 30 JUNE
MNT GOAT
My contact told me that the Project to Delete the Zeros is planned for the beginning of the 3rd stage of the economic plan. What does this mean. In fact, I did not fully understand it either until this article was published.
We learned through this article that that 3rd stage begins mid-year 2024.
Is Iraq ever completely on time?
We must give them a break since they are working against all odds in getting these reforms done. As we can also read in the news there is pressure against the economic reforms from Iranian politicians and seeded officials within the parties. It is an uphill battle for Iraq to achieve progress. So, the CBI may not meet their target for being right on time in June but even this summer sometime would certainly be considered “at the beginning of the 3rd phase since the phase extends out to 2026. Do you understand? Everything is not exact. They target and then they make the best of it. But they will do it, as I am told.
Yes, no different than what is now going on over in the USA with the democrats. Look at the democrats and some republicans too as deep state globalist. Their concentration is bent on manipulation of the system to their advantage and not about citizenship to preserve the US Constitution, values and way of life in America. They are not patriots but leaches of the system. So we see the same in Iraq and as with the USA we must also just ignore the lies and propaganda and continue to march onward with our goals and that is to bring the prosperity and abundance back to our nations, while weeding out the corrupt and bringing them to justice.
Even though it is close to the end of June I would certainly not despair about the high possibility of still seeing the project to delete the zeros and then we know the reinstatement will follow. So far there is no news out to the public about the swap out of the currencies. I would think we would have seen these types of articles already if June was going to happen.
The good news is we can see the huge efforts to get the ATMs installed.
My contact even told us again as well as a past article by the CBI that the ATMs are an integral part of the swap out process of the currencies. I explained why this is the case already in my last Newsletter dated 6/25. I suggest you revisit it again.
Okay, so we might or might not get the RV in June and so let’s not cry in our beer… lol.. lol.. lol..
UN votes to end Iraq political mission established after 2003 US-led invasion toppled Saddam Hussein
UNITED NATIONS (AP) — The United Nations Security Council voted unanimously Friday to end the U.N. political mission in Iraq established in 2003 following the United States-led invasion that toppled Saddam Hussein to coordinate post-conflict humanitarian and reconstruction efforts, and to help restore a representative government in the country.
The Iraqi government asked the council in a May 8 letter to wrap up the mission by the end of 2025 and that’s what the resolution does: It extends the mandate of the United Nations Assistance Mission in Iraq, known as UNAMI, for a final 19 months until Dec. 31, 2025 when all its work will cease.
The U.S.-sponsored resolution asks Secretary-General Antonio Guterres to prepare “a transition and liquidation plan” in consultation with the Iraqi government by Dec. 31, 2024, so UNAMI can start transferring its tasks and withdrawing staff and assets.
The council said it supports Iraq’s continuing stabilization efforts, including its ongoing fight against the Islamic State group and al-Qaida extremists and their affiliates.
In 2014, the Islamic State group declared a caliphate in large parts of Iraq and Syria and attracted tens of thousands of supporters from around the world. The extremists were defeated by a U.S.-led military coalition in Iraq in 2017 and in Syria in 2019, but its sleeper cells remain in both countries.
'INTEL FROM MR SALVAGE VIA GINGER TELEGRAM ROOM, 30 JUNE
MR SALVAGE
💢I want to thank my friend My Salvage as he keeps our family informed of all that's going on in South America.
Here's the latest 6.29.24 - after Salvage heard the conference call from Brazil leaders:
💢Mr Salvage: Good morning, Ginger. This is the message that Group #1 from the Pentecostal group from Colombia has finished; and the leader is now stating that Group #2 will start Friday 5th of July.
💢I want to deeply thank Mr Salvage, whose second language is English and although he's not really comfy with it, he puts himself out there. 💜🙏🏆
He's wonderful about sending me PMs and when I have a good idea of what he's explaining, I'll clean it up a little bit to try to improve everyone's understanding in English. He's been a great friend and he's very conscientious to even send me copies of the conference calls in Portuguese. Everyone please send some love to our Mr Salvage. 💜
FRANK26: "IN SUDANI'S BANKS WE TRUST" , 26 NOV
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...