Thursday, November 21, 2024

FIREFLY: FINISH THE CENSUS NEEDS BE DONE BEFORE THE CHANGE OF EXCHANGE RATE @DINARREVALUATION

Statistics Authority: The census will start tomorrow from 7 am to midnight for two days, 21 NOV

 Statistics Authority: The census will start tomorrow from 7 am to midnight for two days


Economy News – Baghdad

The Statistics and Geographic Information Systems Authority in the Ministry of Planning confirmed that the census process will begin tomorrow from 7 am to midnight for two days, while indicating that the two enumers will visit each house 3 times to complete and audit the data.

Qusai Abdul Fattah Raouf, Director General of the Technical Affairs Department of the Authority, Head of the Technical and Field Work Sector of the Census, said in a statement reported by the official news agency, and seen by “Economy News”, that “the counters will start tomorrow at seven in the morning visiting the homes of citizens to check the information that was previously noted electronically before and until midnight for two days,” noting that “the meter repeats the visit of families three times to check their information and ensure their presence at home according to its choice for the appropriate time.”
 
He added that “the meter will write the phrase ‘the house is locked’ on the house where the family was not present after visiting it three times during the census period and at different times,” pointing out that “the number of counters exceeded 130,000 in addition to supervisors.”

The general population census in Iraq will be launched tomorrow, Wednesday, and will include all governorates, including the Kurdistan Region, and aims to provide accurate and comprehensive data on the population, their geographical distribution, and living standards, as the government announced the imposition of a curfew on Wednesday and Thursday.


Views 26

Added 2024/11/19 – 10:27 PM

https://economy-news.net/content.php?id=50024


ITS IMPOSSIBLE FOR IRAQ TO GO BACK TO THE OLD RATE OF $3 OR $4 PER ONE IRAQI DINAR BY MAJEED, 21 NOV

 


Urgent (Legal) Info for IQD Investors Holding IQD Banknotes

Prime Minister’s Advisor: National development plans depend on census results, 21 NOV

 Prime Minister’s Advisor: National development plans depend on census results

Economy News _ Baghdad

The financial adviser to the Prime Minister, Mazhar Mohammed Saleh, confirmed on Wednesday that the census data will guide government investments to improve infrastructure and services, while pointing out that national development plans will depend on the census results.

“The census is an essential strategic tool for achieving sustainable economic growth in Iraq,” Prime Minister Mazhar Mohammed Saleh, an interview with the Iraqi News Agency, which was followed by “Economy News.”

He stressed that “the data resulting from this census will contribute to improving government administration, enhancing levels of governance, as well as supporting investment and increasing the efficiency of the use of resources to achieve comprehensive economic development.”

Saleh pointed out that “the comprehensive population census offers many fundamental axes that contribute to achieving these goals, most notably:

1. The census helps to identify areas suffering from a lack of services and infrastructure, which directs government investments to improve these sectors, as these investments include water services, roads, electricity, schools, hospitals, and banks.

2. The census provides a detailed database for drawing up effective housing policies.

3. Through detailed data on the workforce, the government can develop policies to support employment, train workers, and stimulate productive sectors to serve the national economy.

4. The comprehensive population census allows it to collect accurate information about the number of the population, their geographical distribution, age groups, and educational level, in addition to its contribution to helping the government and the private sector to better plan and determine economic priorities and optimal policies within national development plans, especially the development plan 2024-2028.


Views 86

Added 2024/11/20 – 12:21 PM

https://economy-news.net/content.php?id=50037

DINAR REVALUATION IRAQ NEWS UPDATE,: AN ARTICLE DISCUSSES THE POTENTIAL FOR IRAQI DINAR REVALUATION 21 NOV

 DINAR REVALUATION IRAQ NEWS UPDATE

Summary

A hopeful article discusses the potential for Iraqi dinar revaluation, highlighting the significance of the term and its implications for the economy.

Highlights

  • 💡 The concept of “deleting zeros” is explained in connection with revaluation.
  • 📈 Revaluation indicates an upward adjustment of currency value.
  • 📊 Iraq uses a fixed exchange rate system, limiting speculation.
  • 💰 Revaluation is the opposite of devaluation, enhancing currency value.
  • 🔄 Exchange rates can fluctuate, affecting foreign assets.
  • 🌍 The term “revaluation” is rarely used in Arabic articles, making this notable.

Key Insights

  • 📜 The article represents a rare acknowledgment of currency revaluation in Arabic media, indicating a shift in economic discourse. This could signal a potential change in policy.
  • 🔍 The discussion around deleting zeros relates to restoring confidence in the dinar, which has faced significant devaluation in the past, impacting the economy and investments.
  • 🏦 A fixed exchange rate system, like Iraq’s, aims to stabilize the economy but can limit flexibility in responding to market changes. Understanding this balance is crucial for investors.
  • 🔄 The concept of revaluation suggests that the dinar could gain strength against the dollar, which would be beneficial for the Iraqi economy and asset holders.
  • 📈 The implications of revaluation on foreign assets highlight the interconnectedness of global economies and the importance of currency value adjustments.
  • 📰 The excitement over the article reflects a broader hope among investors and citizens for economic recovery and stability in Iraq’s financial landscape.
  • 🌟 Overall, the use of the term “revaluation” in discussions around the dinar represents a hopeful outlook on Iraq’s economic future, with potential for positive changes ahead.


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