JON DOWLING: "Iraq’s HCL Oil &Gas law ITS READY TO GO TO THE GAZETTE @DINARREVALUATION #iraqidinar

 

Baghdad and Erbil establish a Supreme Council to unite industries, 7 DEC

 Baghdad and Erbil establish a Supreme Council to unite industries

Shafaq News/ On Saturday, Baghdad and Erbil decided to establish a Supreme Council between the Kurdistan Federation of Chambers of Commerce & Industry (K-FCCI) and the Iraqi Federation of Industries (IFI,) ahead of the unification of industries.

This came during a press conference in Baghdad to establish a coordination framework between the two federations, attended by the FCCI heads in Erbil, Al-Sulaymaniyah, Duhok, and Halabja, the IFI head, and several members and directors.

Gilan Haji Said, FCCI head in Erbil, the capital of the Kurdistan Region, stated, "Following previous meetings and the signing of a memorandum of understanding between the K-FCCI and IFI, the joint committees have completed their work and submitted their recommendations to the federations."

MILITIAMAN CC HIGHLIGHTS NOTES, 7 DEC

 MILITIAMAN CC HIGHLIGHTS NOTES

Summary

Prime Minister Al-Sudani emphasizes Iraq’s cooperation with the U.S. to combat terrorism, strengthen economic ties, and implement significant financial reforms.

Highlights

• 🤝 U.S.-Iraq cooperation in combating terrorism is vital.
• 💰 Focus on building strong economic partnerships beyond military aspects.
• 📅 Budget amendments indicate sensitivity around economic reforms.
• 🔄 Financial transfers are crucial for both internal and external stability.
• 🌍 International support is key for Iraq’s economic reforms.
• ⚡ Continued electricity imports from Iran highlight regional dynamics.
• 📈 Citizens will soon realize the benefits of economic reforms.

Key Insights

• 🤔 Strategic Partnerships: The emphasis on U.S.-Iraq cooperation highlights the importance of international alliances in stabilizing Iraq and combating terrorism, which could lead to long-term security benefits.
• 💡 Economic Transformation: Al-Sudani’s push for economic partnerships indicates a shift from military dependence to economic growth, potentially fostering a more sustainable future for Iraq.
• 📊 Budget Sensitivity: The back-and-forth on budget amendments suggests that economic reforms are delicate and may have significant implications for the country’s financial landscape.
• 🔍  Financial Transparency: The government’s focus on correct standards for financial transfers indicates a commitment to transparency, which may enhance international trust and investment.
• ⚠️ Regional Tensions: The ongoing electricity imports from Iran reflect Iraq’s complex regional relationships, highlighting the need for stable energy sources while managing external influences.
• 🚀 Citizen Impact: Citizens will begin to see the immediate benefits of reforms, which could bolster public support for the government and its initiatives.
• 🏦 Global Financial Engagement: Al-Sudani’s outreach to international financial institutions underscores Iraq’s intent to engage with global standards, potentially leading to improved economic conditions and development.

MILITIAMAN: " THE FISCAL YEAR OF THE GOVERNMENT BANK ENDS AT THE END OF DECEMBER OF EACH YEAR"

 

Iraqi and Kurdistan trade officials discuss strategies for industry development, 7 DEC

Iraqi and Kurdistan trade officials discuss strategies for industry development

Shafaq News/ On Saturday, a delegation of key officials from the Kurdistan Region's Chambers of Commerce visited the Iraqi Industries Union in Baghdad to discuss enhancing the industrial sector in the Kurdistan Region.

According to Shafaq News' correspondent, the purpose of the visit was to discuss strategies for developing the industrial sector in Kurdistan Region and securing access to federal government privileges, similar to those available to other cities in Iraq.

During the visit, the delegation engaged in a series of meetings formed multiple committees—legal, technical, and financial—and held discussions with the Iraqi Industries Union. Several key topics related to the development of the industrial sector were addressed.

MNT GOAT: Why does Al-Alaq and other economists, want to keep reminding us this is coming to the Iraqi dinar currency too?, 7 DEC

 MNT GOAT

How many times must the CBI tells us this same news? 

Again, in this dialogue Al-Alaq says that countries remove zeros from their currency to revalue their national currency and simplify financial transactions.

 This is done by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationary and more stable. 

Why are the telling the citizens this same news again? 

Didn’t we also hear this news from many of the economic experts in the recent past.

 So here it is again. 

Why does Al-Alaq and other economists, want to keep reminding us this is coming to the Iraqi dinar currency too?

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