Parliamentary committee: Iraq is about to be a great investment and economic prosperity, 24 DEC

 Parliamentary committee: Iraq is about to be a great investment and economic prosperity

Baghdad Today – Baghdad

The Parliamentary Investment and Development Committee confirmed on Monday, December 23, 2024, that Iraq is about to have a great investment and economic prosperity during the next phase.

Committee member Mohamed Radi told Baghdad Today that “the stability achieved at the political, security as well as governmental levels will push to important and great investment opportunities during the next phase and this will generate great prosperity at the economic level, and this will work on an important reconstruction leap on various infrastructures.”

Radi added that “the Iraqi government has achieved successes in the investment file and strengthening the economic and financial conditions, and these successes have reflected positively on the file of services, reconstruction and development, and the next stage will show these successes more through the investment and economic prosperity at various levels.”

The International Monetary Fund had predicted in April 2024 that the Iraqi economy would grow 1.4% in 2024 and 5.3% in 2025, and urged structural reforms and debt stabilization.

The Iraqi government also announced a decrease in unemployment from (16.5%) to (14.4%), a reduction in poverty from (23%) to (17%), a decrease in inflation from (6.1%) in 2021, to (2.5%), and a rise in non-oil revenues to (14%), after accounting for (7%) of the budget.

https://baghdadtoday.news/264508-لجنة-برلمانية-العراق-مقبل-على-ازدهار-استثماري-واقتصادي-كبير.html

FIREFLY: THE KEY WILL BE TO KEEP THE INFLATION DOWN ONCE THEY STOP THE AUCTIONS AND THEN WILL COME THE NEW RATE!!, 24 DEC

 Frank26  

 [Iraq boots-on-the-ground report]   

FIREFLY:Mr Sammy says the key will be to keep the inflation down once they stop the auctions and then the notes will pop and the rate.  But auctions closing will force things. 

 FRANK: Closing the auctions makes them obligated to give you a new exchange rate with lower notes to match it. 

 FIREFLY:  Mr. Sammy also says that by December 31st we could see that.  So that means it could be before that.  FRANK:  Regardless whether it be in two weeks or two months it's happening.  It's coming.  We need to be ready...

JULIAN ASSANGE: Intel Flood : "Iraqi Dinar payments in-country at $3.49" @DINARREVALUATION #iqd

 

Iraq invites American companies to establish the associated gas station in Basra, 24 DEC

Iraq invites American companies to establish the associated gas station in Basra

Baghdad – Mil

The Iraqi government, on Monday, invited American companies to establish the associated gas station in Basra, while the fuel processing plan for power plants.

A statement from his office and response to “Mil” said, “The Sudanese chaired on Monday a meeting on oil and electricity sector projects, in the presence of the ministers of oil and electricity, in addition to specialized advisers and a number of agents in the two ministries.”

The statement continued, “The meeting witnessed a discussion of the gas projects that are under implementation within the government program, and the specified schedule for their completion, especially since there is an escalation in the levels of stopping the associated gas burning, as the percentage is currently 67 percent, and it is hoped to reach 80 percent at the end of next year, up to stop burning completely at the end of 2027.”

He added that “during the meeting, during which the meeting was discussed inviting specialized American companies to establish the fixed gas platform in the large port of Al-Faw.”

The statement continued, “The meeting discussed inviting international energy companies to invest in natural gas fields, in addition to discussing the fuel processing plan for electric power production plants at the moment, and for the coming months.”

https://miliq.news/political/40359–.html

EXCERPTS FROM MARKZ, 24 DEC

 EXCERPTS FROM MARKZ

Member: What is your gut saying about this week?

MZ: I feel good about this week . My Iraqi contacts are telling me that this is the ideal time to do it now that their government is going on break.

Member: Nader said the 28th

MZ: that wouldn’t surprise me.

 I do have updates from different contractors and contractor groups. My personal friend over there says he will not give a rate as it would compromise the contracts.

 But I have heard from a couple others that the most common rate they are being told is $3.92 as they are redoing contracts.

 I do not know how accurate that is but thought it was worth sharing. I did hear it from a number of sources so it may be just circletel…but it does fit closely to what is expected. $3.92 would be awesome, but consider it a rumor for now.

JULIAN ASSANGE & MR POOL ON TELEGRAM : " A NEW ERA OF FREEDOM & PROSPERITY @DINARREVALUATION #IQD

 

Parliamentary Legal: Agreement to pass three controversial laws in one basket, 24 DEC

 Parliamentary Legal: Agreement to pass three controversial laws in one basket

 The parliamentary legal committee revealed on Monday the agreement to pass three controversial laws with one basket.

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Committee member Aref Al-Hammi said {for the Euphrates News}: “With regard to the real estate law of Kirkuk, he will be submitted to a vote with the personal status and general amnesty laws.”
Al-Hammi explained, “where it was agreed to present these laws in one basket during the session of the House of Representatives, which will be determined by the Presidency of the Council.”
Earlier, Al-Hammai criticized, Linking The Amendment To The Personal Status Law With Other Laws In An Attempt To Pressure And Get The Vote Of The Shiite Component On Other Controversial Laws In The House Of Representatives, As Is The Case With The Amendment Of The Amnesty Law To Obtain A Nuorum For Passing.
On the second of this month, the House of Representatives began voting on the amendment of the Personal Status Law, the General Amnesty Law and the Law on the Return of Real Estate to its owners covered by some decisions of the dissolved Revolutionary Command Council.
Parliament did not approve the three controversial laws for not agreeing to be postponed to the next legislative term.

Ragheed
 

https://alforatnews.iq/news/القانونية-النيابية-الاتفاق-على-تمرير-ثلاثة-قوانين-جدلية-بسلة-واحدة-