FRANK26: "ANNUAL IMPLEMENTATION OR AUDIT?", 3 DEC

 KTFA

FRANK26: "ANNUAL IMPLEMENTATION OR AUDIT?".........F26

Rafidain Bank announces the suspension of all types of credit activities

 

11/29/2024

  

 Rafidain Bank announced the suspension of credit activity as of December 15th for the purposes of annual implementation.

 

The bank confirmed in a statement received by {Euphrates News} a copy of it that "due to the approaching end of the fiscal year and for the purposes of the annual application and to make room for the liquidation of the suspended funds and the preparation of statistics and annual inventory and the organization of budgets, all types of credit activity will be stopped on December 15, and loan applications and other banking services will not be promoted."
The bank directed its branches in Baghdad and the governorates to "complete all completed transaction requests that have advanced procedures before the above date."
The statement pointed out that "work on promoting loans will resume early next year."
LINK

DINAR REVALUATION REPORT: President Trump confirmed the RV of the VND and IQD will occur on December 5, 2024, 3 DEC

 DINAR REVALUATION REPORT

Summary

President Trump confirmed the RV of the VND and IQD will occur on December 5, 2024, marking a historic financial transformation.

Highlights

• 🎉 Significant Announcement: President Trump confirms the RV of the VND and IQD on December 5, 2024.
• 🌍 Global Impact: This event is anticipated to reshape financial landscapes worldwide.
• 💪 Iraq’s Progress: Iraq’s economy stabilizes due to reforms and transparency efforts.
• 📈 Vietnam’s Resilience: Vietnam shows strong economic growth, supporting the currency revaluation.
• 🏦 Financial Preparation: Banks are gearing up for increased transactions as the date approaches.
• 🎊 Celebrations Planned: Large-scale festivities in Iraq and Vietnam to mark this momentous occasion.
• 💬 Community Excitement: Influential voices in the currency communities express optimism about the RV’s implications.

Key Insights

• 🌟 Transformative Financial Moment: The RV signifies a pivotal shift in global currency dynamics, offering new investment opportunities and increased trust in emerging markets.

• 🔄 Realignment of Financial Systems: Trump’s emphasis on this revaluation indicates a strategic move to recalibrate global financial systems, fostering more inclusive economic participation.

• 📊  Positive Market Reactions: Heightened speculative activity suggests strong investor confidence, with expectations of significant increases in the values of both the VND and IQD.

• ⚖️ Economic Stability Factors: Iraq’s diversification of revenue sources and Vietnam’s effective inflation control are critical to the success of this revaluation, reinforcing their economic resilience.

• 🏛️ Legislative Support: Iraq’s upcoming parliamentary session may introduce key laws to further support the RV process, showcasing proactive governance.

• 🏙️ International Participation: The planned celebrations and involvement of international stakeholders highlight the global importance of the RV, reinforcing economic ties.

• 📅 Preparation is Key: Currency holders are advised to ensure their documentation is ready, emphasizing the importance of being prepared for this historic financial event.

MAJEED: IRAQ IS ADJUSTING SALARIES WITH THE NEW RATE & STABILIZING THE IQD RATE!!! @DINARREVALUATION

 

FRANK26: "THERE'S THAT OIL AGAIN, LOL", 3 DEC

 KTFA

FRANK26: "THERE'S THAT OIL AGAIN, LOL"........F26

Al-Sudani confirms Iraq's readiness to return to the International Olive Council

 

11/29/2024

 

Baghdad
 

Prime Minister Mohammed Shia Al-Sudani confirmed today, Friday, that Iraq is ready to return strongly to be an active member of the International Olive Council.

 

A statement by the Prime Minister's media office received by "Al-Eqtisad News" stated that "Al-Sudani received at his residence in the Spanish capital, Madrid, today, Friday, the CEO of the International Olive Council /l OC, Mr. Jaime Lillo Lopez."

 

The statement added that "during the meeting, aspects of cooperation in the fields of agriculture and food industry were discussed, and the importance of Iraq joining the International Olive Agreement was emphasized, after the Iraqi Parliament approved joining the agreement, and preparations are underway to return to the International Olive Council, which is headquartered in Madrid."

 

The Prime Minister stated, "Iraq is ready to return strongly, to be an active member of the International Olive Council, especially since it is currently one of the olive producing countries, and is preparing to prepare the lands for the production of large farms that also have climatic importance. "

 

For his part, the President of the International Olive Council pointed out the "necessity of Iraq's return as an active member of the Council, given its enormous potential to be an olive exporting country, not an importing one," stressing the Council's "readiness to send laboratories and researchers to Iraq, and to assist in optimal water management projects."

LINK

TIDBIT FROM MILITIAMAN, 3 DEC

 Militia Man 

 Everyone is very impressed with Iraq's prime minister and especially where they are today.  They're focus is financial inclusion, bringing the Iraqi world, to the world...

They got new technologies ... electronic taxes and tariffs...they're breaking out with their stock exchange.  

Their stock exchange has been on fire the last two year.  One thing after another supports that Iraq has moved and done...things we've never seen before.  It's powerful information...It's exciting times...

MNT GOAT: IRAQ IS NOW SERIOUS ABOUT MOVING AHEAD @DINARREVALUATION

 

FRANK26: "THE WORLD IS POURING INTO IRAQ BECAUSE OF THE MONETARY REFORM CHANGE", 3 DEC

 KTFA

FRANK26: "THE WORLD IS POURING INTO IRAQ BECAUSE OF THE MONETARY REFORM CHANGE"

Al-Sudani: Foreign investments in Iraq reached 62 billion dollars

11/29/2024

 

Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Thursday evening that the country has a safe and attractive environment for investment, while pointing out that foreign investments in Iraq amounted to about 62 billion dollars.

This came during Al-Sudani's participation in the Iraqi-Spanish Economic Forum, which was held by the Spanish Chamber of Commerce in Madrid, in the presence of an elite group of businessmen from both countries.

The Prime Minister participated in the opening session, which included a discussion seminar devoted to economic relations and bilateral partnerships between Iraq and Spain in all fields, and discussing mechanisms to enhance the volume of trade exchange between the two countries ;.

Al-Sudani said in a speech at the forum: “ Our government came two years ago to present a new vision for the advancement of the Iraqi economy. Our country produces 4 million barrels of oil per day, and it is the third-largest producer within OPEC Plus. We have a large reserve of oil and gas, awaiting optimal investment.”

He added: "We have proceeded with the development road project, which represents the least expensive corridor between the East and the West, and it establishes economic cities in Iraq. Around $100 billion has been allocated over 3 years to implement infrastructure projects, which is a suitable ground for the participation of Spanish companies."

Al-Sudani continued: "We agreed on a railway project between Basra and Iran with a Spanish company for about $250 million, in addition to the coalition negotiating the (Karbala-Najaf) train, which includes Spanish companies."

LINK