Bruce
[via WiserNow]
...the Iraqi dinar... we're hearing now it's either going to be on the forex with a new rate, either Friday night...or Sunday night. My bet is Sunday after the Forex comes back up after having been turned off or closed for 48 hours,
which is typical every weekend, from five o'clock Friday to five o'clock Sunday, it's down. It's down so that they can reconcile accounts on forex...The word was get ready for the weekend.
KTFA
FRANK26: "GOOD... HCL".........F26
Planning: The percentage of completion of operations related to the population census exceeded 90 percent
10/18/2024
The Ministry of Planning confirmed, on Thursday, that the percentage of completion of the population census work exceeded 90 percent, and that it was completed in most governorates, while it announced a decrease in the need for schools and stability in the annual inflation indicators.
The official spokesman for the ministry, Abdul Zahra Al-Hindawi, said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", that "the percentage of completion of operations related to the population census has achieved great progress," explaining that "work began in the field since the first of September for a period of two months, but rapid progress may lead to the completion of operations before the specified date."
He pointed out that "the work will be completed before the end of this month, with the exception of the three governorates of the Kurdistan Region (Erbil, Sulaymaniyah, Dohuk), in which work was delayed for technical reasons," noting that "the completion rate has reached more than 90 percent."
Regarding the country’s need for schools, Al-Hindawi said, “Previous estimates indicated a need for about 6,000 schools, but the implementation of many projects within the framework of the Chinese agreement and other activities significantly reduced the need,” indicating that “the ministry is awaiting the results of the general population census to provide an accurate figure on the number of current schools.”
Shafaq News/ On Saturday, Iraqi Electricity Minister Ziad Ali Fadel announced the signing of an agreement with Turkmenistan to secure a daily supply of 20 million cubic meters of gas.
In a statement, Fadel emphasized that this influx of gas will play a remarkable role in enhancing the country’s electricity infrastructure, saying, "This amount of imported gas will contribute to the full operation of our gas-powered plants, ensuring stability for the national grid."
The gas from Turkmenistan will be transported to Iraq through Iran's pipeline network, following a swap mechanism in cooperation with Switzerland-based “Loxstone Energy”, Fadel explained.
"The signing of this agreement is the culmination of over a year of intensive technical efforts, which included multiple meetings, reciprocal visits, and the signing of a memorandum of understanding last year," the minister added.
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Minister of Finance on TV saying they have activated the automation and digitization process.
FRANK: That's important. Digitization...is the backbone of the monetary reform.
That's what's going to move the currency in and out of the country but more so out there when it starts to float for us...That will add the Real Effective Exchange Rate to your currency.
https://dinarevaluation.blogspot.com/2024/10/rv-update-by-firefly-12-oct.html
Frank26
[Iraq boots-on-the-ground report]
FIREFLY:Television is showing there was meetings going on. These meetings are every day.
They say there was Sudani who had his meeting with his Finance Minister and all of the lead bank officials and with the audit companies.
FRANK: Sudani meeting with the powerhouse of his monetary reform.
FIREFLY: It looks like Sudani is crossing all of his T's and dotting all of his I's one last time!
https://dinarevaluation.blogspot.com/2024/10/rv-update-by-firefly-9-oct.html---
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FIREFLY:They are telling us deleting zeros and enhancing value. We never heard this before.
FRANK26: This is extremely impressive in the way the monetary reform is coming to you faster.
We predicted this. It's good to see it happening.
https://dinarevaluation.blogspot.com/2024/10/they-are-telling-us-deleting-zeros.html
