Iraq Initiates Steps for 5G Implementation, 24 OCT

 A group headed by the minister of communications has been tasked by the Iraqi government to negotiate the introduction of a 5G mobile telecoms service with major international telecom providers.

The group will concentrate on choosing a business that has demonstrated experience in developing, running, and overseeing 5G networks.

Businesses with a solid international reputation and Middle Eastern experience have shown interest in operating in Iraq; operational knowledge, brand reputation, and quality will be given top priority throughout the selection process.

The Iraqi Cabinet decided last year that the Al-Salam State Company, a division of the Ministry of Communications, would be given a three-year exclusive national license for 5G mobile technology by the Communications and Media Commission (CMC).

LATEST FROM MIKE BARA, 24 OCT

LATEST FROM MIKE BARA

Crown fell out again. Gotta find $2 grand to get it fixed. Right before Christmas. Great. 

MIKE BARA

UPDATE

 1. I know for a fact (not hearsay) of TWO whales who were called to Zurich on Sunday night to cash-in on their bonds. One of them who was to check in has now gone completely silent (NDA).

2. BRICS Summit opens today.

3. The Gazette in Iraq is published every Wednesday and Saturday.

4. 3:15.

https://dinarevaluation.blogspot.com/2024/10/rv-update-by-mike-bara-22-oct.html

SANDY INGRAM: Why Investing in the VND is a Good Idea Exchange Rates Currency News

UN Secretary-General Commends Kurdistan Parliament Elections, Calls For Inclusive Government, 24 OCT

 UN Secretary-General Commends Kurdistan Parliament Elections, Calls For Inclusive Government

UN Secretary-General António Guterres has praised the holding of the Kurdistan Region Parliamentary elections in a "calm and peaceful" atmosphere, calling for the formation of an inclusive government as soon as possible. "

The Secretary-General congratulates the Kurdistan Region and its people on the holding of the parliamentary elections on 20 October, which took place in a calm and peaceful atmosphere.

 He commends the efforts of the Independent High Electoral Commission, with the support of the United Nations Assistance Mission for Iraq (UNAMI), in preparing for and conducting these elections,"
said Farhan Haq, Deputy Spokesperson for the Secretary-General.

"As the Kurdistan Region awaits the final results, the Secretary-General encourages all political leaders and segments of society to continue to maintain a peaceful atmosphere, and urges political actors to resolve any electoral disputes through existing legal channels and to complete the electoral process with the formation of an inclusive government as soon as possible," he added.

He noted that the Secretary-General "reaffirms the commitment of the United Nations to support Iraq's efforts to consolidate democratic gains and build a prosperous future for the Iraqi people." https://www.radionawa.com/all-detail.aspx?jimare=39899

WOLVERINE FROM A HIGH CONTACT, 24 OCT

 WOLVERINE

• Wolverine From a high contact: From my understanding, the Redemption has already been aware of the Citizens with Fakes and were sending “Notifications” deliberately to lure them to come to Europe to trap them. This won’t delay things as it was planned

“Seven Whales have been paid and have returned home so they can start releasing funds. I have been assured we will be paid this week and it will be a blissful month. A very big person is in Zurich right now.”

MILITIAMAN: MM&C News Reporting-Iraq-Dinar Update-Oil & Gas-House of Representatives...

Financial Expert To Nina: Iraq Must Take Several Steps To Transform Its Economy From A Rentier To A Multi-Revenue Economy, 24 OCT

 Financial Expert To Nina: Iraq Must Take Several Steps To Transform Its Economy From A Rentier To A Multi-Revenue Economy

Wednesday 23 October 2024 | Economic  Baghdad / NINA / Financial and economic expert Safwan Qusay confirmed today, Wednesday, that the transformation of Iraq's economy from a rentier oil economy to a multi-revenue economy requires several steps that must be followed by the authorities responsible for developing the Iraqi economy.

Qusay said in a statement to the National Iraqi News Agency / NINA / that "the current tax reform process must be consistent with the necessity for the investment law to be compatible with the tax law, indicating that Iraq inherited a set of tax laws related to the central economy, so the process of updating them is related to the requirements of global investment that will increase the ability to attract investments and requires stability in these laws."

He added that "Iraq does not need a process of reviewing the rates, but rather needs to comply with international financial reporting standards so that the values ​​appearing in the financial statements are the reality of income, and we need to expand the tax base and review tax allowances in a manner consistent with the purchasing power of the income earner..

We need a process of twinning between local and international laws with direct supervision of what the investor desires, which can restore the tax law sector so that Iraq has an attractive investment opportunity away from the process of subjecting these indicators to laws that are not characterized by sustainability."

He pointed out that "supporting the local product can be done by providing production subsidies and not by imposing taxes on the investment sector. We need to transform the informal market into a formal one because this will pave the way for building a non-oil economy." /End 8 https://ninanews.com/Website/News/Details?Key=1163877