Monday, August 12, 2024

Headed by Al-Sudani.. Approval to establish the new Wasit residential city, 12 AUGUST

 The Supreme Committee for Investment and Reconstruction met on a regular basis today, Sunday. Prime Minister Mohammed Shia Al-Sudani presided over the meeting, which discussed aspects of developing investment mechanisms in various economic and development sectors. Additionally, the files on the agenda were discussed, and the necessary decisions were made regarding them.

The Wasit Governorate investment file was discussed at the meeting. Inside the public authority’s vision for laying out new urban communities, endorsement was given to lay out the “New Wasit Private City,” which incorporates the conveyance of overhauled private terrains, wherein the confidential area land engineer embraces the foundation of framework and administration organizations and the administration of administrations, and they are sold at low expenses for residents from still up in the air as per the public authority’s vision for tending to the lodging emergency.

The committee made the decision to deny the request to turn the 77 dunum-square-foot plot site in the Diwaniyah Governorate’s 3/6 Umm Al-Khail District into a residential complex. The Diwaniyah Speculation Authority is liable for reporting the venture an open door to lay out a diversion project with present day and undeniable level plans and exercises on the previously mentioned plot, to be an enlightened diversion region that addresses the issues of residents in the governorate, as per the ongoing speculation regulation, inside the structure of growing homegrown the travel industry movement.

Additionally, the Committee made a number of decisions that would support development in all areas, increase private sector involvement, create employment opportunities, and expand investment in various economic sectors.

RV UPDATE BY CLARE : "IMPORTANT IRAQ NEWS" , 12 AUGUST

 Clare  

 Article: "US Treasury places Khamis Al-Khanjar on sanctions list"  

Quote:  "The US Treasury Department, through the Office of Foreign Assets Control (OFAC), has placed the head of the Sovereignty Party, Khamis Al-Khanjar, on the sanctions list of known individuals and entities with whom dealings are prohibited."


 Article:  "Central Bank Governor Participates in a Workshop Specialized in Electronic Payment"    Quote: "His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, participated in a specialized workshop on accelerating the transition to electronic payment, sponsored by the Prime Minister, and organized by the Osool Foundation for Economic Development and Sustainable Development."

RECENT REPORTS OF CLARE: 

"RV UPDATE" BY CLARE, 9 AUGUST


LATEST FROM CLARE, 6 AUGUST


RV UPDATE BY CLARE, 4 AUGUST

DINAR REVALUATION: Iraq's Bold Move: Removing Zeros from the Dinar!

Economist: Ministry of Finance statement is accurate and liquidity is available, 12 AUGUST

 Nabil Jabbar, an expert in economics, said today, Sunday, that because ministries are marked by responsibility, their declarations are more accurate and objective than those of representatives.

Jabbar said in an explanation to , “The assertions of certain delegates about getting compensations and the absence of money liquidity are mistaken and are given out of scorn or individual positions,” taking note of that “the money liquidity is accessible and the pay rates of workers are gotten by the financial perusing and the service’s assertion.”

He added, “The MPs’ explanations in such manner are either disparaging of the service to demonstrate hatred for it or in light of the perspectives on a few monetary specialists who are curious about the ongoing circumstance,” taking note of that “last year there was a shortage in monetary liquidity because of the decrease in cash deals and the discontinuance of monetary exchanges because of carrying tasks, yet this year, because of the great exchanges of the National Bank, liquidity is accessible and can get pay rates.”

The Service of Money answered today to proclamations made by certain individuals from the Money Panel, who deceived popular assessment on the absence of liquidity, which would influence the installment of representatives’ pay rates.

LATEST FROM MILITIAMAN, 12 AUGUST

 Militia Man 

 People are getting spanked.  They're getting in trouble.  They're shutting things down.  Bank managers are getting banned from working.  If you've been found to be corrupt they're going after you...If you don't play by the rules you're going to have some problems.  The Untied States Treasury has a whole floor of the central bank...International compliance is important.  If you're money laundering...counterfeiting... supporting terrorist, they got your number.

Militia Man 

  Article:  "Urgent: Central Bank Governor: No intention to reconsider dollar exchange rates, we are undergoing a major transformation"  Does Alaq have any control whatsoever over the dollar?   No, not at all.  But what does he have control over?  When he states he's not going to do anything about the dollar he means it because he can't.  But what he does have control to change the exchange rate of the dinar.  He has that control. 

Did Alaq resign?  Answer, no.

Article quote: "Even the measures taken by the government to try to down low dollar prices to 1320 to sell it in a supported manner didn't not reach the elimination of speculation in the markets reducing the price of a dollar in the black market. It didn't work to kill the black market just yet but I got a strong feeling since the dollar auctions have gone from 250 million a day down to less than 25 million...consistently for over a week...we can see where their priorities lie.. .FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/latest-from-militiaman-10-august.html

SANDY INGRAM : IMPORTANT Significant Updates Development Road Project #iqd #vnd Rates

Ministry of Finance: There is no truth to the delay in salaries this month, 12 AUGUST

 The Ministry of Finance clarified the budget for 2023 on Sunday while denying a lack of liquidity to finance employee salaries.

“In reference to the statements made by Representative Mustafa Al-Karawi on 6-8-2024 regarding the expenditures for the year 2023, which amounted to (145) trillion dinars compared to oil and non-oil revenues (135) trillion dinars, and that the difference was financed from the carryover for the year 2022 to 2023, in addition to borrowing according to the budget law for the year 2023,” the ministry said in a statement. “In addition to borrowing according

She made sense of that “all subsidizing demands got by the Service of Money from all spending units have been carried out,” taking note of that “designations after 12/31/2023 pass toward the finish of the monetary year and can’t be funded by Article (23/A) of the Monetary Organization Regulation, text of Article (No. 6 of 2019).”

She went on to say: Article 2/First – 4-H of the Federal Budget Law for the year 2023 states, “In addition to the fact that the Ministry of Finance took the necessary measures in coordination with the governorates and all funds included in the budget law to record the remaining amounts for investment projects that were not financed and were not disbursed to the trust account, in order to continue disbursing for the following year, amounting to (9.4) trillion dinars.”

She went on to say, “Regarding the MP’s statements about the lack of financial liquidity for the year 2024, the Accounting Department will not be able to finance salaries for the month of July and the following months, we point out that this statement is inaccurate because salaries, with all their names, are among the priorities of the Ministry of Finance, and it finances approximately (7.5) trillion dinars per month for employee compensation, retirement salaries, grants, social welfare salaries, salaries for people with disabilities, student allowances, and salaries for

She added: ” Our ministry has been committed to implementing the program and performance budget for more than two years. It is included in the special programs section alongside current spending and annually in Schedule (E) attached to the Federal Budget Law. This section includes the government program’s name, activity, economic classification, and classification. Implementing the program and performance budget does not mean canceling the item budget (section, material, type, etc.). at all.”

CRYPTO TRADER: HERE IS THE THEORY!!, 25 DEC

 CRYPTO TRADER Last year they revalued dinar to 1310 on February 7th,Which was a tuesday. Here is the theory. Tomorrow being Tuesday and Ch...