DINAR REVALUATION

Saturday, December 7, 2024

REINALDO JC: Iraq CBI Strategic Plan @DINARREVALUATION #iraqidinar #iraqidinarinvestor

Guterres’ representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict, 7 DEC

Guterres’ representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict

Shafaq News/ The UN Secretary-General’s Representative in Iraq, Mohammed Al-Hassan, said that Iraq today is more secure and stable and that its government has succeeded in keeping it away from conflict.

Al-Hassan said in a speech during a Security Council session, which was followed by Shafaq News Agency, that “Iraq, the country of civilizations, is capable of overcoming crises towards a more stable and brighter future.”

He pointed out that “the Iraqi government succeeded in keeping Iraq away from the conflict, and that “Iraq succeeded in conducting the important population census, and I followed up on that with Prime Minister Mohammed Shia al-Sudani.”

Al-Hassan continued, “Prime Minister Mohammed Shia al-Sudani worked to invest in multiple projects in Iraq to develop bridges, schools, and transportation networks.”

https://www.shafaq.com/ar/%D8%B3%DB%8C%D8%A7%D8%B3%D8%A9/%D8%A8%D8%B9%D8%AB%D8%A9-%D9%8A%D9%88%D9%86%D8%A7%D9%85%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D9%83%D8%AB%D8%B1-%D9%85%D9%86%D8%A7-%D9%88%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1%D8%A7-%D9%88%D9%87%D9%88-%D9%82%D8%A7%D8%AF%D8%B1-%D8%B9%D9%84%D9%89-%D8%AA%D8%AC%D8%A7%D9%88%D8%B2-%D8%A7%D9%84-%D8%B2%D9%85%D8%A7%D8%AA

JON DOWLING: IT'S OFFICAL FOLKS!! IRAQ HAS PASSED THEIR HCL LAW!!! , 7 DEC

JON DOWLING

🇺🇸😎 Jon Dowling:

It's official folks! Iraq has passed their HCL Law and it goes into the Gazette today in time for the weekend.

Meanwhile, Trump and the Patriots have given you a major com with the debt clock: Revalue your thinking: RV!!

What a Christmas it shall be.

Do you have the faith of a mustard seed is the ultimate question??🙏🙏🙏✅

GINGER: "AN IRAQI CITIZEN HAS REDEEMED HIS CURRENCY AT THE NEW INTERNATIONAL RATE" @DINARREVALUATION

The UN Security Council holds a special session on the situation in Iraq, 7 DEC

The UN Security Council holds a special session on the situation in Iraq

The UN Security Council will hold a special session, Friday, on the situation in Iraq, and to review the latest developments in the country.

According to a post by the United Nations Assistance Mission in Iraq (UNAMI) on the X platform, the session will be held at (6:00 pm Baghdad time), and it is expected that the UN Special Representative, Mohammed Al-Hassan, will provide a briefing in the session on developments in Iraq and on UNAMI.

In July 2024, UN Secretary-General António Guterres appointed Mohammed Al-Hassan of the Sultanate of Oman as his new Special Representative for Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI), replacing Jeanine Hennis-Plasschaert . link

IRAQ ECONOMIC UPDATE & HIGHLIGHTS, 7 DEC

IRAQ ECONOMIC UPDATE & HIGHLIGHTS

Summary

Iraq’s Parliament faces turmoil over budget oil compensation, while the Central Bank’s auction platform risks banking collapse and economic instability.

Highlights

🏛️ Iraqi Parliament is in deadlock over KRG oil compensation.
💰 The estimated cost of oil extraction in Kurdistan is contested.
📉 Iraq’s digital economy shows significant growth in payments.
🛡️ Iraq enhances border security amid conflicts in Syria.
🔄 Auction platform cancellation could collapse the banking system.
🌍 Dollar control shifts to foreign banks, risking economic stability.
📉 Uncertainty looms over the future of the Iraqi dinar.

Key Insights

🏛️ Parliamentary Deadlock: The ongoing conflict over Article 12 highlights the complexity of financial arrangements between the central and Kurdistan region governments, affecting national unity and economic planning.
💰 Oil Extraction Costs: The disparity in estimated extraction costs raises questions about the government’s financial strategies and the sustainability of oil revenue amidst rising operational challenges in Kurdistan.
📉 Digital Economy Growth: Prime Minister Al Sudani’s report on digital payments indicates a positive shift, yet raises concerns about the overall pace of economic modernization in Iraq.
🛡️ Border Security Concerns: The escalation of tensions along the Syrian border necessitates stronger security measures, impacting regional stability and Iraq’s internal security policies.
🔄 Auction Platform Risks: The potential cancellation of the dollar auction platform signals a deeper crisis within Iraq’s banking system, which could trigger widespread economic repercussions.
🌍 Foreign Influence on Dollar Control: The shift of dollar control to foreign banks raises alarms about economic sovereignty and could lead to monopolistic practices that destabilize the currency.
📉 Future of the Iraqi Dinar: The uncertain fate of the dinar amid these financial upheavals suggests a precarious economic future, with implications for local and international investors.