Friday, November 1, 2024
Minister of Transport: We have completed the designs of railway linking and 84% of the road for the development road, 1 NOV
Economy News – Baghdad
Transport Minister Razak Mahibs Al-Saadawi announced on Thursday the construction of Iraq’s initial designs for railway connection and 84% of the designs of the land road for the development road during the ministerial meeting held in Baghdad, which included his Turkish, Qatari and Emirati counterparts.
TIDBIT FROM FRANK26, 1 NOV
Frank26
IMO early this month all banks were told [about the dinar] and that's why now IMO every bank that you go to is now singing a completely different tune because they just realized, oh my goodness there's a lot of Jed Clampetts out there that are about to come into our banks, we got to take care of them...
They're employees. They did exactly what their boss told them to say, It's a scam, get out of here. But you know and I know it's not.
Advisor to the Prime Minister: Iraq is moving to strengthen partnership with foreign companies, 1 NOV
Advisor to the Prime Minister: Iraq is moving to strengthen partnership with foreign companies
The representative of the Prime Minister, technical adviser and head of the sovereign loan initiative, Mohammed Sahib Al-Daraji, said on Thursday that the private sector is a key pillar in the government’s new economic plan, pointing to the government’s efforts to reduce the transfer of foreign currency and support national projects.
Al-Daraji conveyed, in a speech during the first Iraq Economic Forum, and attended by the reporter of the Iraqi News Agency (INA): “The greetings of Prime Minister Muhammad Shia Al-Sudani and his support for this conference,” explaining that “the Iraqi government has begun real steps to support the Iraqi economy, as it changed the philosophy of the economy, which suffered from the lack of clarity of the economic vision for more than twenty years.”
“The government pays special support to the investment and business sectors, as it seeks to separate direct investment and provide a suitable environment for the private sector to participate in projects, and encourages the government to partner with foreign companies to show developments in the customs and tax system, such as unifying tax and customs tariffs across regions, and exempting foreign companies from some special taxes,” he said.
He pointed out that “Iraq has embarked on guaranteeing the private sector in front of international financial institutions through the sovereign guarantees initiative, and has moved towards establishing an international market for carbon bonds to support project financing.”
He pointed to “the three priorities of the Iraqi economy: the localization of industries, integration with international financial institutions, and the development of competencies for the public and private sectors,” adding that “the Iraqi market is open to international companies, especially in the construction and clean energy sectors, and that there is a trend to support the private sector through new legislation such as intellectual property protection laws and partnership between the public and private sectors.”
“The government supports an economy based on partnership with the private sector, with a focus on reducing the transfer of hard currency abroad.
He expressed his “hope that these conferences will result in outputs that support the directions of the current government, which is the most listening to the private sector and the most involved in decisions,” pointing to “the presence of representatives from the private sector in the Board of Directors of the Development Fund and within the official delegations of the Prime Minister as a message to support businessmen.”
TIDBIT FROM WOLVERINE, 1 NOV
Wolverine
[via Judy Byington]
Looks like this is it everyone! Tier4b (us, the Internet Group) should be getting notifications for the currencies...
Wed. 30 Oct...onwards...All needs to be done before the election...I have been assured all is ready to go..
TIDBIT FROM FRANK26, 13 NOV
Frank26 The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it. It's is my hope. It ...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...
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JENTEL RV UPDATE RV NEWS- AA Uriel Payments are being received. They started yesterday in other countries. To meet today's requireme...