Tuesday, December 24, 2024

Parliamentary Committee: Iraq Is Heading Towards A Major Investment And Economic Boom, 25 DEC

 Parliamentary Committee: Iraq Is Heading Towards A Major Investment And Economic Boom

Economy |Today,  Baghdad Today – Baghdad  The Parliamentary Investment and Development Committee confirmed, today, Monday, December 23, 2024, that Iraq is heading towards a major investment and economic boom during the next stage.    

Mohammed Radhi told Baghdad Today, "The stability achieved at the political, security and governmental levels will lead to important and large investment opportunities during the next phase, and this will generate great prosperity at the economic level, and this will lead to an important construction leap in various infrastructures."

Radhi added, "The Iraqi government has achieved successes in the investment file and strengthening the economic and financial conditions, and these successes have been positively reflected in the services, reconstruction and development file, and the next stage will show these successes more clearly through investment and economic prosperity at various levels."

In April 2024, the International Monetary Fund expected the Iraqi economy to grow by 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 the poverty rate from (23%) to (17%), a decrease in the inflation rate from (6.1%) in 2021 to (2.5%), and an increase in non-oil revenues to (14%), after representing (7%) of the budget.  LINK

HOLLY CELIANO CC HIGHLIGHTS NOTES, 25 DEC

HOLLY CELIANO CC HIGHLIGHTS NOTES

Summary

In this video message, Holly Celano addresses her audience with a Christmas greeting while providing updates regarding the anticipated financial changes, specifically focusing on the revaluation of currencies and bonds associated with Iraq.


 She emphasizes that, contrary to various reports circulating online, no significant financial movements will occur before the New Year.


 Holly reassures her audience that a transition to a new financial and governmental system is set to begin in January. She highlights the importance of patience during this period, indicating that the revaluation of currencies and the release of bond payments will not take place until January. 


Furthermore, she mentions a symbolic date—January 6th, which aligns with the Orthodox celebration of the Epiphany, as a potential turning point for these financial developments. 


Holly encourages her audience to remain hopeful and to celebrate the holiday season joyfully, assuring them that the anticipated changes are underway and unavoidable, with 2025 being a pivotal year for these transitions.

Highlights

  • 🎄 Christmas Greetings: Holly Celano shares a heartfelt Christmas message to her audience.
  • ⏳ Delayed Financial Movements: She clarifies that no financial transactions or currency revaluations will occur before January.
  • 📅 January Transitions: All significant changes regarding the new financial and governmental systems are set to launch in January.
  • 💰 Bonds and Currencies: Holly differentiates between bonds and currencies, stating that bond payments will commence in January, while currency revaluations will follow.
  • 🎉 Epiphany Significance: January 6th is highlighted as an important date, historically linked to the arrival of gifts from the Magi.
  • 🌟 Encouragement for Patience: Holly urges her audience to remain patient and hopeful, reinforcing that the anticipated changes cannot be stopped.
  • 🗓️ Looking Ahead to 2025: A pivotal year for the anticipated financial changes is identified as 2025.

Key Insights

  • 🔍  Impact of Misinformation: Holly addresses the rampant misinformation circulating in various forums regarding financial revaluations and bond payments. This underscores the importance of relying on verified sources for financial news, as misinformation can lead to unnecessary distress among investors and individuals awaiting these transitions. Many people hang on every word shared by various online channels, which can create unrealistic expectations and disappointment.

  • 📈 Transitioning Financial Systems: The transition to a new financial system that Holly mentions is significant. It suggests a shift in how money is managed and circulated, which could affect everything from personal finances to global economic systems. This transition aligns with broader global trends towards modernization and digital banking, indicating a potentially transformative period for financial systems worldwide.

  • 💵 Bonds vs. Currencies: Holly clarifies the distinction between bonds and currencies, which is crucial for understanding the financial landscape. Bonds typically represent long-term investments that may have different timelines for payouts compared to currencies that can fluctuate in value. This distinction is vital for investors, as it helps them strategize their financial decisions based on the timing of these movements.

  • 🕊️ Symbolism of January 6th: The reference to January 6th as the day of Epiphany holds both historical and spiritual significance. This date has traditionally been associated with the arrival of gifts, symbolizing hope and new beginnings. By linking this date to potential financial developments, Holly provides a sense of optimism and encourages her audience to view it as a time of renewal and opportunity.

  • 📅 The Importance of Patience: Holly’s message emphasizes the value of patience during times of uncertainty. This is a critical insight for those involved in investments or waiting for financial changes. Understanding that significant changes may take time can alleviate anxiety and encourage a more measured approach to investments and financial planning.

  • 🌍 Global Implications of Financial Changes: The transition to a new financial system not only affects individuals but can also have implications for international relations and economic stability. As countries like Iraq undergo these changes, the ripple effects could influence global markets and trade. Observing these transitions can provide insight into the future of international economics.

  • 🌈 Hope and Positivity: Finally, Holly’s message is one of hope and positivity amidst uncertainty. Encouraging her audience to embrace the holiday season joyfully and to remain optimistic about the future reinforces the idea that good things are on the horizon. This positive outlook is essential for maintaining morale and motivation during challenging times, especially for those who have invested emotionally and financially in these anticipated changes.

Overall, Holly Celano’s video serves as a reminder of the importance of patience, the impact of misinformation, and the hope that accompanies new beginnings in the financial landscape.

MAJEED: IRAQ MUST RV INTERNATIONALLY IMMEDIATELY!!, 25 DEC

 MAJEED

WOW..... HERE WE HAVE A VERY IMPORTANT Piece of data!!! 


Iraq must RV Internationally immediately and Parliament ordered the different foreign exchanges operating in Iraq to begin to gear up for a update for International transactions... 


This is a huge piece of the puzzle of bringing in Cash Flow!!




Holly Celiano's Christmas Update on Currency Rv: The RV will not occur until January 2025!! #iqd

 


Expected Rise In The Dollar... "Temporary Shock" Awaits The Iraqi Market, 24 DEC

 Expected Rise In The Dollar... "Temporary Shock" Awaits The Iraqi Market

Economy |Today  Baghdad Today – Baghdad  The "Iraq Al-Mustaqbal" Foundation for Economic Studies and Consultations expected, today, Monday, December 23, 2024, an increase in the dollar exchange rate during the next few days, following the announcement by the Central Bank of Iraq to stop the currency transfer window platform.

The head of the institution, Manar Al-Obaidi, said in a statement to "Baghdad Today", that "the suspension of the Central Bank's currency transfer platform, which was officially announced on 12/23/2024, will lead to a temporary rise in the dollar exchange rate in the market as a result of the prevailing state of fear, but things will return to normal with the beginning of the new year."

Al-Obaidi added, "This decision had been previously announced by the Central Bank, but such measures, when implemented, cause a shock to the market, leading to a temporary rise in the exchange rate, before the shock is gradually absorbed."

He explained that "the difference between the official and parallel markets will remain, but it will shrink as the situation stabilizes."

Economic expert Nasser Al-Tamimi warned, on Tuesday (December 17, 2024), of a rise in the dollar exchange rate in Iraq in the coming days.

Al-Tamimi told Baghdad Today, "There are real fears in the Iraqi market of the continued rise in the dollar exchange rate after the Central Bank of Iraq stopped working on the platform," indicating that "this matter will constitute a shock, especially at the beginning of implementing the decision and will lead to a rise in the dollar, to increase demand for it in the parallel market."

He added that "after the platform is stopped, most traders, especially small ones, will depend on the parallel market to finance their foreign trade, while continuing to finance trade with Iran and Turkey in dollars, through illegal means," noting that "this is what will lead to the rise, and therefore practical steps must be taken to prevent this by the country's monetary authority, and urgently."

The Central Bank of Iraq revealed on Wednesday (September 4, 2024) the mechanism for ending the electronic platform for foreign transfers, while indicating that the placement of foreign transfer operations and meeting requests for the dollar are on sound paths and consistent with international practices and standards.  LINK


NADER FROM MID EAST: I FEEL IT'S VERY VERY CLOSE!!!, 24 DEC

 Nader From The Mid East 

 I feel it's very very, we are very very very very close.  Very close.

  Like very close guys. 

 I feel like once they stop the auctions everybody is going to be happy about it.  I think it's going to be stopping on the 28th...70% to 80% [chance].

  The thing I saw and made me very happy...When you see the Saudis coming with their money, now we can trade their monies, the UAE and all the Middle East countries, almost.   Turkey, Saudis, Kuwait, Qatar. 

 Now we can exchange our dinars with their dinars, durham, riyal, with anything like that.  That's very big guys cuz the dollar...yuan Chinese, the euro is already there.

 Now we have all continental of Europe...Middle East...United States and now it's missing a little bit of Africa and we're done. 

 Other ones like Canada does whatever the United States do.  Australia same thing.  That made me very happy. 

 That means soon we'll be in every bank in United States. 

 It will be tradable.  If it's tradable it's going to gain a lot of values and quick.

MAJEED: IRAQ MUST RV INTERNATIONALLY IMMEDIATELY!! @DINARREVALUATION