"IRAQ IS STRONGER THAN THE DOLLAR" BY MILITIAMAN, 15 OCT

 Militia Man 

 I truly believe one of their agendas in sustainable development is revaluing the Iraqi currency... Sudani stated many time, be careful Iraq, Iraq is stronger than the dollar...

they're going to be (as hammered at home) somewhat of the savior of the global financial system. 

 How are you going to do that at 1310 when you never did it before? 

 ...Obviously they're going to do something completely different.

 Iraq is filthy with assets.  All non-oil income...natural resources...are taken into consideration when they figure a Real Effective Exchange rate which we haven't seen.

  The original $3.22 was based off oil.  It was not based off non-oil...taxes at the borders, income derived from phone bills, electronics, sales tax, things of that nature.

Latest Update & Insights of DINARLAND @DINARREVALUATION

"SUDANI TELLS THE MIDDLE EAST DON'T ROCK THE BOAT" BY FRANK26, 15 OCT

 KTFA 

FRANK26: "SUDANI TELLS THE MIDDLE EAST DON'T ROCK THE BOAT"........F26 

Araqchi from Baghdad: We will exert our efforts with the Iraqi government to spare the region the specter of war

10/13/2024

 

Iranian Foreign Minister Abbas Araqchi stated on Sunday that his country, along with the Iraqi government, will do its utmost to keep the region away from the specter of war.

The minister said in a statement to reporters upon his arrival in Baghdad, "We do not want war and we do not want provocations, but we are fully prepared to confront them."

He added, "We will make every effort, in consultation with the Iraqi government, to keep the region away from the specter of any war disaster."

Araghchi continued by saying: We highly appreciate the positions of the Iraqi government, the religious authority, and the Iraqi people in their rejection of the war in Gaza and Lebanon and their efforts to support the two peoples.

Iranian Foreign Minister Abbas Araghchi arrived earlier this afternoon in the capital, Baghdad, on an official visit that will not take long, during which he will meet with Iraqi officials to discuss developments in the region.

During his visit, which will last for a few hours, Araqchi will meet with his Iraqi counterpart Fuad Hussein, President Abdul Latif Jamal Rashid, and Prime Minister Mohammed Shia al-Sudani.

An Iraqi source told Shafaq News Agency yesterday that Araghchi's visit to Baghdad comes to discuss developments in the security situation in the region and to emphasize not expanding the circle of war.

After concluding his visit to Iraq, Araghchi will head to the Omani capital, Muscat, to continue his regional consultations that he began last week.

The Iranian Foreign Minister visited both Qatar and Saudi Arabia at the end of last week in the context of consultations and coordination to stop the genocide and attacks in Gaza and Lebanon.

LINK

ABOUT THE PROCESS OF THE NEW RATE ON FOREX BY FRANK26, 15 OCT

  Frank26 

 Question: "What's the process of the new rate going live on Forex?"

  The CBI, when they officially announce it to the world at the same moment those words are coming out of their mouth, then they push a button that sends the official rate all over the world, not just to currency exchanges but to banks, 

to reserves, to those that need the information...

Iraq's Milestone Step Towards WTO Membership in 2024 & THE ENHANCEMENT O...

"SUDANI TALKED ABOUT THIS IN DEPTH ON TV" BY FRANK26, 15 OCT

 KTFA

FRANK26: "SUDANI TALKED ABOUT THIS IN DEPTH ON TV".......F26

Digital Transformation in Iraq: A Strategic Plan and New Procedures

10/13/2024

Iraqi Prime Minister Mohammed Shia al-Sudani chaired, on Sunday, the periodic meeting of the Supreme Committee for Digital Transformation in Iraq.

During the meeting, according to a statement issued by his office and received by Shafak News Agency, the implementation of previous decisions and directives was reviewed, and practical procedures related to digital transformation in public sector institutions and infrastructure development were followed up, in a way that helps accelerate this important digital transition that will contribute to improving the quality of service provided to citizens.

The Prime Minister stressed the government's interest in the comprehensive digital transformation process, which has become a necessity in Iraq. The five-year development plan has adopted this process, pointing out the possibility of benefiting from the youth reality of Iraqi society to move towards the rapid implementation of this transformation. His Excellency also stressed the importance of thoughtful planning in this field, due to its importance in achieving development.

The Supreme Committee for Digital Transformation considered a number of the presented files, and approved the technical report on the strategic directions to provide the requirements for digital transformation, which includes the methodology and general principles for launching this process, and benefiting from the successful experiences of countries similar to the situation of Iraq, as well as the vision required to be adopted to achieve this transformation, provided that the services provided to the citizen are the first idea for launching the digital transformation process in terms of service and cybersecurity. 

The committee also approved the steps for digital transformation in the Retirement and Social Security Department at the Ministry of Labor and Social Affairs, and also discussed the steps necessary to implement digital transformation in the Companies Registration Department at the Ministry of Commerce.  

The Committee agreed to continue cooperation with the United Nations Development Program, with the aim of improving indicators related to the communications and information technology sector, and approved the Communications and Media Commission and the Central Bank of Iraq to negotiate with international digital companies.

LINK

RV UPDATE BY BRUCE, 15 OCT

 Bruce 

  [via WiserNow]

  Now, remember, rates in the redemption centers will be the best rates higher than the banks, and this is something that was orchestrated to give us the highest possible rate...

It's true of the dong, and it's certainly true of the dinar as well..