Iraqi Dinar🎉Tier 4B Exchange Notification Coming This Weekend Congratula...

PM Al-Sudani and Leader Barzani hold constructive talks in Baghdad

 Shafaq News/ Prime Minister Mohammed Shia Al-Sudani received, on Wednesday, the President of the Kurdistan Democratic Party (KDP) Masoud Barzani and his accompanying delegation.

During the meeting, a joint statement was issued describing Barzani's visit as "significant," with Al-Sudani stating, "We conducted a constructive and purposeful dialogue on various domestic issues and Regional conditions."

In response, Barzani expressed his satisfaction with the meeting, stating, "I am very pleased to meet the Prime Minister."

He added, "My visit to Baghdad aims to enhance the efforts made by the Prime Minister, which have led to a real breakthrough between the federal government and the Kurdistan Regional Government."

Barzani continued, "Our dialogue was constructive regarding both domestic and Regional situations, and our viewpoints were aligned."

Masoud Barzani arrived in Baghdad early Wednesday morning and was received by Foreign Minister Fuad Hussein, Planning Minister Mohammed Tameem, Defense Minister Thabit al-Abbasi, Labor and Social Affairs Minister Ahmed al-Asadi, Minister of Reconstruction and Public Municipalities Bankin Rekan, along with several other government officials and military leaders at Baghdad International Airport.

Earlier in the day, Barzani's office announced that his visit to Baghdad aims to conduct a series of meetings with official bodies and Iraqi political factions, seeking to engage with political leadership.

LATEST FROM PAULETTE, 4 JULY

 Paulette 

 Question: "Iraq is supposed to join the WTO this 18th of July, is that correct?"  

 the 18th is the next meeting of the Steering Committee...the Full Assembly would have to vote to allow Iraq full accession...they are not scheduled to meet until early 2026...It would be extremely uncommon for a Steering Committee to only meet with a country 2 times after the initial meeting.  4 to 7 is the usual...this only the second meeting of the Steering Committee for Iraq.

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Paulette 

 Community Reminder ["He pointed out that the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years, pointing out that this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity In the market" This 2016 article says.They will coexist with 10 years.] 

 Exactly! And, this was further clarified that active trading in the Market Place will be upwards of two years while through the banks it would be at least 10...This is what I believe will be told to the citizens when they bring out the Fils and lower notes...IMSO, it won't be a week or 90 days or even 180...Nor will they be cancelling the 3-Zero series for at least 10 years...They are currently following the Dr S plan to a "T"...

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It is great to see more articles regarding the "Float"...I strongly believe this is the early stages of the last push by the CBI to educate the Citizens prior to implementing the "Delete the Zeros" project...Patience all...this is slowly coming together.

If you go back and read articles after 7/1/23 you will see that Iraq is still under US/(UK) guardianship (receivership) ...There were calls then for the UN to lift this guardianship but [4/10/2024 Article "Our agency publishes the text of the request of the Prime Minister, Muhammad Shiaa Al-Sudani, to the Secretary-General of the United Nations, Antonio Guterres, to permanently end the work of the United Nations mission in Iraq."] may now be the first "Official" call that I have seen...The corrupt in the US do not want this to change.....The good news is that IMSO, their days are numbered...

 Iraq's WTO Accession Package will likely not be submitted for adoption until MC14 which will be held in early 2026... It clearly was not submitted for adoption at MC13...I anticipate that by then we really won't care.

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 Community Comment: "Iraq on May 9 ascends to FULL membership in the WTO"   I hope you are correct regarding the WTO.  However, the documentable facts and articles regarding this issue would say otherwise.  Don't misunderstand, the documentable facts and articles are EXTREMELY positive.  Iraq, under Sudani appears to be serious about becoming WTO members, opening the country to International trade, moving from a Rentier Economy to a Market Economy and finally implementing the Delete the Zeros Project.  Everyone should be excited even if it takes months more to accomplish...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/05/rv-update-by-paulette-14-may.html

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Iraqi Dinar Exchange Rates Today Latest Update 2024🔥iraqi dinar rate upd...

Al-Sudani and Saleh discuss the country's situation and economic and financial reforms

 Prime Minister Mohammed Shia al-Sudani discussed, on Tuesday, with former President Barham Salih, the general conditions throughout the country.

The Prime Minister's media office said in a statement received by / Al-Maalouma /, "Prime Minister Mohammed Shia Al-Sudani received former President of the Republic Barham Salih.

The statement added, "The meeting discussed the general conditions in the country as a whole and the government's measures to implement the priorities of its executive program, which aims to provide services to citizens and implement economic and financial reforms, the results of which are reflected in general development projects."

He pointed out that "the meeting touched on supporting the holding of legislative elections in the Kurdistan Region of Iraq, scheduled to be held on the twentieth of next October."   link

'IRAQ WILL BE FULL MEMBERS OF THE WTO ON JULY 18TH" BY CLARE, 4 JULY

 Clare  

Question: "Iraq is supposed to join the WTO this 18th of July, is that correct?"  

IT WAS REPORTED ON IRAQI TV...THAT IRAQ WILL BE FULL MEMBERS  OF THE WTO JULY 18TH.

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 Clare  

Article: "Dinar Explainer 1: Why Iraq has Two Exchange Rates" 

Quote:  "On a recent webinar organized by the Iraq Britain Business Council (IBBC), Professor Frank Gunter of Lehigh University explained the causes and effects of Iraq's dual exchange rate..."

 1.  Excessive Demand for US Dollars Internationally:...  2. Internal Demand for Dollars...  3. De-Dollarization Efforts by the New York Fed:  The New York Federal Reserve has restricted dollar transfers to reduce dollar flows to Iran and Syria. They have also excluded over two dozen Iraqi banks from transactions, which has increased the complexity and demand for dollars in Iraq.

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Clare  

Article:   "The President of the Republic approves a number of laws, including the 2024 budget schedules"  

Quote:  “The President of the Republic, Abdul Latif Jamal Rashid, ratified a number of draft laws, which are the schedules of the Federal General Budget Law for the year 2024...The laws were sent after their approval by the President of the Republic for publication in the Iraqi newspaper Al-Waqae' to enter into force."

 Article:  "Parliamentary law challenges the '2024 budget tables' and the federal government is waiting for an answer within 15 days”

  Quote: "the appeal was submitted “on the pretext that the numbers mentioned in the budget items will change, and thus this is considered a change to the law and requires the implementation of a new law with a first and Second reading, and final approval.”

https://dinarevaluation.blogspot.com/2024/06/analysis-of-iraq-news-by-clare-28-june.html

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