Tuesday, October 15, 2024

RV UPDATE BY CLARE, 15 OCT

 Clare 

 Article:  "Al-Sudani: All I aspire to is to serve the Iraqis

 Quote:  "We are turning into a promising country that represents a cornerstone in the stability of the Middle East, he said, adding, Iraq and the United States are bound by the Strategic Framework Agreement in 2008,

 and we are working to activate it.

 He stressed that the Iraqi people are currently living in a state of hope and optimism."


FRANK26: " THE NEXT STEP IS TO INTRODUCE THE LOWER NOTES AND THE NEW EXC...

"SUDANI HAS '24 LOCKED UP AND TARGETS '25 & '26 BY FRANK26, 15 OCT

 KTFA

FRANK26: "SUDANI HAS '24 LOCKED UP AND TARGETS '25 & '26 .....F26

Parliamentary Finance: The three-year budget aims to facilitate contracting and financing

10/13/2024

 

Baghdad
 

The Parliamentary Finance Committee confirmed, on Sunday, that the three-year budget aims to facilitate contracting and financing.

The head of the committee, Atwan Al-Atwani, said in a statement received by "Al-Eqtisad News", that "the committee hosted the Minister of Finance, Taif Sami, the heads of the Customs and Tax Authority, and the Director General of the Budget to discuss non-oil revenues, financing the governorates, and food security."

He added, "The three-year budget aims to facilitate contracting and financing," noting that "total reliance on oil gives us an unstable economy and disrupts development plans."

He continued: "Our meeting today is very important to delve into the file of the state's non-oil revenues, and we are
working to establish scientific foundations to maximize them."

LINK

"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


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...

FRANK26: "NATIONAL ELECTRICITY FOR A NATIONAL CURRENCY!!!", 28 DEC

 KTFA FRANK26:   "NATIONAL ELECTRICITY FOR A NATIONAL CURRENCY!!!".......F26   Away from Iranian gas and its problems.. Iraq imple...