DINAR REVALUATION

Tuesday, November 12, 2024

MAJEED: "And the rate will be $4 per 1 IQD " @DINARREVALUATION

Planning: We will start the census next Thursday.. and the Ministry of Interior announces the start date of the curfew and those exempted from it, 12 NOV

Planning: We will start the census next Thursday.. and the Ministry of Interior announces the start date of the curfew and those exempted from it

11/11/2024

The Ministry of Planning announced that it will begin conducting and implementing the population census starting next Thursday.

The head of the Central Bureau of Statistics at the Ministry of Planning, Diaa Awad Kazim, said in a joint press conference with the Ministry of Interior: “The population census will continue until December 10, and the 20th and 21st of this month will be for the census of family members,” indicating that “the enumerators will visit families more than once, and the curfew will gradually be lifted from the areas where the census is being conducted.”

He pointed out that "the practical procedures for the population census will begin next Thursday," stressing that "there is no postponement of the population census and it includes all regions of Iraq and no region or governorate is exempted from it."

For his part, the spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said: “820 thousand counters are participating in the population census. We will draw a new map of data in Iraq.”

He stressed, "We completed the requirements of the population census within a year and a few months, which is something that advanced countries are unable to do," noting that "the curfew is not for security reasons, but rather to implement the census accurately."

The spokesman for the Ministry of Interior, Muqdad Miri, said, "The curfew for the population census begins at midnight on the 20th of this month and continues from the night of the 21st of the same month at 12 o'clock throughout Iraq."

He stressed that "the curfew includes the Kurdistan Region and any region where the census is being conducted will be lifted," stressing that "all Iraqi cities are fully secured to implement the population census."

He explained that "air traffic will be open to everyone, flight reservations will not be affected during the census ban, and trade exchange will continue." LINK

TIDBITS FROM CLARE, 12 NOV

Clare

Article: "Iraq's share in the IMF"

Quote: "When Iraq announced that it had paid off all its debts to the International Monetary Fund last May...It was leaked from the Central Bank that the cash reserve exceeds 110 billion dollars and that the country’s gold reserves amounted to nearly 150 tons...

It is known globally that governments that can get rid of the burden of debt to the Fund and the World Bank are the most successful in managing the affairs of their countries...

Today, Iraq intends to increase its share in the International Monetary Fund by the equivalent of 1.45 trillion dinars, which will support its voting power within the Fund, contribute to attracting investments, create a promising business environment, and achieve real development"

MARKZ: " 10th December is victory day in iraq" @DINARREVALUATION

The capital of Iraq’s private banks increased by 7.3%, 12 NOV

The capital of Iraq’s private banks increased by 7.3%

Shafaq News / The Central Bank of Iraq announced on Monday a rise in the capital of private banks by 7.3%.

The bank said in a report seen by Shafaq News Agency that it recorded an increase in the total capital of private banks operating in Iraq during the first quarter of this year, by 7.3% to reach 19.2 trillion dinars compared to 19.7 trillion dinars for the same period last year.

He pointed out that private banks operating in Iraq increased their capital by 6%, while the capital of government banks increased by 11.1%.

He added that the contribution of private banks’ capitals amounted to 73.2%, while the capital contribution of government banks amounted to 26.2%.

The bank explained that deposits in the first quarter of this year rose by 1.2% to reach 123.7 trillion dinars compared to 122.2 trillion for the same period of the previous year, thus increasing current deposits by 3.1% as a result of the increase in current expenditures from the wages and salaries of employees in the public sector, while savings deposits decreased by 3%, and fixed deposits decreased by 10%.

EXCERPTS FROM MARKZ, 12 NOV

EXCERPTS FROM MARKZ

Member: How much longer can they push this out, too many barely surviving..

MZ: We do not know the timing but, there is a massive push in Iraq to go before Dec. 10th. They say that’s when they want to be complete – so IMO they need to go sometime this month. That makes the most sense.

Member: Another guru said redemption center appointments should start on 26th, why would they start on Thanksgiving week?

Member: I would be Thankful to see the RV that week for sure. Or sooner!

Member: Many are saying that by Tues.12 Nov. we should have a shotgun start.?

Member: I listened to militiaman last nite...he doesnt think it will be 2025...but VERY SOON now!

Member: Goldilocks doesn’t think it will go until first part of 2025 because that is when some banking laws take affect.

MZ: Goldilocks may be right……but we will see.

MZ: So far this morning it is very quiet on the bond side. But that is to be expected. On the west coast they don’t start moving around until 2-3 pm est in the afternoon . I hope to have a very solid update on the bond side this evening.

MZ: CMKX also silent over the weekend.

Member: So no RV until Trump officially takes office on Jan 20th?

MZ: I have simply not heard that ……80-90% of my contacts believe we will be going before Dec 10th. There are a few outliers opinion that we wont be going until Trump is in….but the overwhelming majority believe we will go between now and Dec. 10th.