Wednesday, December 4, 2024

FIREFLY: "WE HAVE TO SEE A NEW RATE WHEN CAME THE STOP OF CURRENCY AUCTION" @DINARREVALUATION

 


PM reviews a summary of the government program and its implementation rates in Parliament, 4 dec

 PM reviews a summary of the government program and its implementation rates in Parliament

    Baghdad-INA  
    Prime Minister Mohammed Shia Al-Sudani reviewed, today, Wednesday, in the House of Representatives session, a summary of the government program and its implementation rates. 
     
    The Prime Minister's media office said in a brief statement received by the Iraqi News Agency (INA): that "Prime Minister Mohammed Shia Al-Sudani reviewed, in the House of Representatives session, a summary of the government program and its implementation rates, and the achieved targets of government priorities."

MAJEED: They have to open 2025 budget to pay their salaries, 4 DEC

 MAJEED

Kurdistan employees demonstrate at the UN gate in Erbil to demand salaries Enough is enough Yesterday Kurdistan citizens who worked for BP British oil company went on a strike Demanding salaries If Iraq did not pay them, BP company will lose millions every day Which will cause BP British company to take it out on the Iraqi government for not paying these ppl salaries, causing them to go on a strike If it keeps going anymore BP company might end the deal with Iraq They have to open 2025 budget to pay their salaries FYI, Kurdistan workers have not got paid since the beginning of October
Image

Why You Shouldn't Travel to Iraq for Dinar Revaluation Exchange Currency @DINARREVALUATION

 


Tamim: The government will announce the final results of the census after completing the information collection process, 4 dec

 Tamim: The government will announce the final results of the census after completing the information collection process

    Baghdad-INA 
    The Minister of Planning, Mohammed Tamim, confirmed today, Wednesday, that the government will announce the final results of the census after completing the information collection process.
     
    According to a statement by the Media Department of the Council of Representatives received by the Iraqi News Agency (INA), Tamim said: "The population census relied on a digital system and the automation of results electronically, as the census process received great international praise as it aims at development."
     
      "The government is working on counting Iraqis abroad and will announce the final results after completing the information collection process," stressing that it is "a development census with complete confidentiality of data."

IRAQ UPDATE BY ARIEL, 4 DEC

 Ariel

@Prolotario1

Iraq Update

This was a brilliant comment here by Kevin. Let me expound upon this a bit. So people can understand this more clearly.

By not addressing the cash withdrawal, Alaq might be maintaining control over how much currency is in circulation. The introduction of a new exchange rate could lead to significant withdrawals if people anticipate a change in the dinar’s value, potentially causing economic instability.

If the public knew when cash withdrawal limits or processes would change, this could lead to speculation and market m**********n. By keeping this information undisclosed, it prevents premature withdrawals or hoarding of currency that might occur if speculators had a date for the RV/RI.

Changing withdrawal policies simultaneously with an RV/RI could be part of a broader strategy to manage liquidity in the economy. An unannounced change would allow for a more controlled environment where the central bank can adjust the supply of currency without causing panic or a rush to withdraw or deposit money.

Not addressing this aspect keeps the timing of the RV/RI unpredictable, which might be strategic to manage economic expectations and reactions. If the public knew when these changes would occur, it could affect consumer behavior, potentially leading to inflation or deflationary pressures before the actual implementation.


BRUCE: THE LOWEST DENOM ARE OUT & NEED A NEW RATE @DINARREVALUATION #iraqidinar

 


WTO Accession talks are expected the first quarter of this year between Iraq and WTO. Why?, 10 JAN

 WTO Accession talks are expected the first quarter of this year between Iraq and WTO. Why? Iraq is transitioning into a "Market Econ...