DINAR REVALUATION

Sunday, November 24, 2024

SANDY INGRAM : Is Iraqi IQD a Closed Currency? Here's Why It Matters IQD Exchange Rate

Economist: The Total Cost Of The General Population Census Amounted To 951 Billion Dinars, 24 NOV

Economist: The Total Cost Of The General Population Census Amounted To 951 Billion Dinars

Money and business Economy Economic expert Nabil Al-Marsoumi revealed, today, Friday (November 22, 2024), the financial and economic cost of the general population census.

Al-Marsoumi said in a post on Facebook that “the total financial and economic cost of the general population census amounted to 951 billion dinars.”

He explained that "the direct financial cost of the census amounted to 459 billion dinars, while the cost of suspending official work amounted to 492 billion dinars."

Al-Marsoumi added, "The economic cost is increasing due to the halt of public and private economic activities, and many individuals and local communities are harmed as a result, especially the poorest groups who depend on earning their living on a daily basis in normal times and do not save any resources to use during the curfew. "

The economic expert pointed out that "the population census could have been conducted without the need to impose a comprehensive curfew in the country, even if that led to extending the data collection period for several more weeks, in order to save costs and take into account vulnerable groups and workers in the private sector." 153 views https://economy-news.net/content.php?id=50106

TIDBIT FROM CLARE, 24 NOV

Clare

Article: "American companies arrive in Kurdistan.. The region signs an agreement to enhance trade and investment"

Quote: "The Kurdistan Region Investment Board announced...the signing of an agreement between local and American companies to enhance coordination in the fields of trade and investment,

during a visit by a delegation of 30 American companies to the region."

FIREFLY: IRAQ IS TAKING THE THREE ZEROS BILL TO PUTTING THEM IN AN ELECTRONIC PLATFORM

Iraqi airstrike eliminates key ISIS leaders in Kirkuk, 24 NOV

Iraqi airstrike eliminates key ISIS leaders in Kirkuk

Shafaq News/ The Iraqi Military Intelligence Directorate announced, on Saturday, the elimination of five senior ISIS leaders in a precision airstrike in Kirkuk's Zagaitoun Valley. The operation, executed using F-16 aircraft, targeted a strategic ISIS hideout based on intelligence inputs.

“The strike claimed the lives of high-ranking members, including Abu Jawar, administrative assistant for ISIS’s so-called Kirkuk Province; Abu Musab, commander of the Rashad detachment; and Abu Hudhaifa, the province's media officer. Two additional fighters were also killed,” as per a statement by the directorate.

“The hideout was completely destroyed, and light and medium weapons, ammunition, logistical supplies, and two explosive belts were found and eliminated.”

According to the statement, “Following the strike, a combined force from the 1st Battalion of the 63rd Special Forces Brigade and the 11th Division's Reconnaissance Battalion searched the site early Saturday, confirming the deaths of all five militants.”

Although ISIS lost its territorial foothold in Iraq in 2017, the group remains active, particularly in Kirkuk, where it employs guerrilla tactics such as bombings and abductions. Iraqi security forces, with support from the Global Coalition, have ramped up efforts to neutralize the group’s remnants.

TIDBIT FROM MILITIAMAN , 24 NOV

Militia Man

They want this [census] to be as accurate as possible, which is good. There's going to be consequences if you don't play by the rules, just like the black market.

If you don't play by the rules...

you're going to find yourself where the dinar becomes stronger than the dollar, the people still holding dollars in the country are not going to be happy.

Oh, well, that's on them...

The expectation is they're going to get money. They're going to get what they deserve...off their natural resources...