WAITING TO HEAR WHAT HAPPENS WHEN THE MARKET OPENS AT 5PM EST TODAY, HEARING INFO FROM BAGHDAD (FROM MOSQUES) ABOUT POSSIBLE RATE CHANGES, WAITING TO GET CONFIRMATION.
THE CLOCK IS "NO LONGER" TICKING...IT'S DONE! ALL CURRENCIES ARE SET TO "GO" THIS TIME...NO TECHNICAL ISSUES PRESENT.
Alaa Samir Al-Rashed, Director General of Central Electricity, made the announcement on Sunday that smart meters with a 20-hour supply will soon be installed in the city of Fallujah.
According to Al-Rashed, “the Ministry of Electricity has prepared a plan according to which smart meters will be installed for citizens’ homes in Anbar by a specialized company authorized by the ministry, with an increase in the governorate’s share of electricity to reach 20 hours of supply per day.” Al-Rashed also stated that the plan would be implemented in Anbar.
“The Ministry of Electricity will carry out, within the next few days, a project to install smart meters for four residential neighborhoods in Fallujah as a first phase, and then the project will be generalized in all neighborhoods of the city,” he added. “The Ministry of Electricity will carry out, within the next few days.”
“Installing smart meters will reduce electricity waste and contribute to reducing the collection of electricity bills for citizens by installing these meters on mobile devices to know electricity consumption and notify citizens of the number of hours of operation and outage without the need to visit the Electricity Department,” he explained.
He emphasized that “the Ministry of Electricity has ordered the cancellation of old meters in the city of Fallujah and replacing them with free smart meters for citizens in an experiment that is the first of its kind in Anbar” and that “the Ministry of Electricity will begin preparing four residential neighborhoods and meeting all their needs before installing smart meters.”
In order to develop Iraq’s oil and gas resources, the Iraqi Prime Minister has indicated that he is willing to collaborate with American businesses.
Mohammed Shia al-Sudani promised to rectify the situation in an interview with Al Monitor. He acknowledged that some US companies had stated that the terms of potential contracts were not favorable.
I was also told to watch for yet more articles in the news about the project to delete the zeros but to be aware that ONLY the ones coming from her committee on this subject matter can be trusted.
As you know my contact works on the committee from the Central Bank and it has been given the task of ensuring a smooth process.I was also told
that in late November or early December we will see the newer lower denominations and their pictures and features depicted on the CBI site.
The ending of the currency auctions at the end of 2024 will also be signal to us that everything is moving correctly and we should see the IQD returned or reinstated back to FOREX in early 2025.