FIREFLY:Big news on television...Iraq is starting a policy to monitor the difference in the dollar rate official versus the black market to the dinar. They are relating to the exchange rate...They are calling everyone to pay attention to a new policy. I'm a little excited.
FRANK: This is very big news...This is the monetary reform education getting louder.
It's at the point where they are screaming at you now...They're looking at the black market rate against the real official exchange rate (REER)...
The thieves in your country that profit from stealing the value of your currency are now being controlled by Sudani through his banks monetary reform policies. No more stealing from you Iraqi citizens... purchasing power.
Al-Alaq: The Monetary Situation In Iraq Is Excellent And Our Reserves Support The Stability Of The Exchange Rate
Time: 2024/11/25 Read: 1,911 times {Economic: Al Furat News} The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Monday, that the monetary situation in Iraq is very excellent, noting that “the increase in the volume of reserves enables us to support the exchange rate and achieve monetary stability.”
Al-Alaq added in a press statement that the Central Bank is distinguished by its ability to "respond to providing the country's needs for currency," indicating that "foreign transfers for trade purposes are proceeding smoothly after the implementation of the new system.
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Al-Alaq revealed that "the Central Bank will launch a new mechanism for travel or treatment transfers next year," stressing that "there are agreements with four companies to launch a new mechanism for travel or treatment transfers." LINK
Iraqi News Tidbit: Down To The Wire
AL-Al aq: There is no sudden transition, but rather a gradual transition that began in 2024, where the banks' relationship was transferred directly to correspondent banks without passing through other links,
and the process has been completed with continued success," he continued, stressing that "more than 95% of this goal has been achieved, and this process will be completed successfully within the next two weeks,"
noting that "there is international anticipation to celebrate this occasion.
Artificial Intelligence in Iraq.. Expected Projects with the Digital Cooperation Organization
11/24/2024
Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Sunday that artificial intelligence and digital transformation are the focus of administrative and economic reforms in the country, while the Secretary-General of the Digital Cooperation Organization praised these efforts.
His media office said in a statement received by Shafaq News Agency that Al-Sudani received today the Secretary-General of the Digital Cooperation Organization, Dima Al-Yahya, where the meeting witnessed discussions on Iraq's progress in the field of digital transformation, within a comprehensive strategy for digital business and artificial intelligence, in line with the government's ambitions and the growing international requirements in this field.
During the meeting, Al-Sudani stressed that the government has laid the foundations for digital transformation, and has worked on this file in more than one path and included it in administrative and economic reforms and what is related to electronic payment, explaining Iraq's ability to develop this sector and achieve a qualitative shift in it, in addition to openness to cooperate with the organization in finding projects that serve Iraq and the region, within the framework of digital transformation and artificial intelligence.
For her part, Dima Al-Yahya praised Iraq’s development in the digital field and the ongoing qualitative shift, which creates a suitable environment for a number of projects that the organization intends to implement inside Iraq.
She stressed the organization's readiness to enter into projects that serve the government's plans for digital transformation, and that have real benefits for the human resources that Iraq possesses, and benefit from the available material resources, and the high desire and readiness.
