The rate. That's exactly what it is...The IMF demands a country has a currency that can move in and out of the country. The IMF demands all currencies around the world have the ability to go into this country and also exit.
That's article VIII. Article VIII is the freedom of that nation's currency to move in and out and other foreign currencies that are in there as well too. Article VIII removes all restrictions...We're way past Article VIII. We're at Article 14...Implementation of the new exchange rate.
Iraq 12/30/2024 Baghdad Provincial Council has prepared a plan for projects worth 500 billion dinars to be implemented during the coming year. While the Capital Municipality pledged a qualitative shift in services during the first four months of 2025, the Parliamentary Services Committee revealed that the focus will be on infrastructure and completing ongoing and stalled projects.
Ali Al-Hamidawi, a member of the Parliamentary Services Committee, told Al-Sabah: Baghdad Governorate’s plan for next year will be limited to ongoing and stalled projects and infrastructure.
He pointed out that the most important of these projects are the entrances to Baghdad-Hillah and Abu Ghraib, as they are part of the government program, as well as sewage projects, most notably Al-Mahmoudiyah, whose implementation this year has witnessed a significant delay, in addition to the implementation of infrastructure, including paving, sidewalks, health centers, and water stations, especially in the areas of Kuweirish and Al-Hussainiya.
Al-Hamidawi pointed out the impossibility of launching new strategic projects due to the allocated financial allocations amounting to nearly 400 billion dinars.
He explained that the ongoing projects, which number about 500, need large financial allocations, noting that Parliament seeks to overcome the legislative obstacles facing the capital next year, in order to implement the projects in the best possible way.
For his part, Baghdad Provincial Council member Mohammed Al-Shaalan told Al-Sabah: The governorate has prepared its plan for next year at a financial cost of about 500 billion dinars.
He added that the aforementioned plan includes projects in various sectors, including water, sewage, roads linking districts and sub-districts to the centre, and infrastructure in outlying areas.
He noted that the focus will be on deprived areas that have not been included in the service effort and are not included in the plans, indicating that 50 percent of the 2023 budget has been allocated to road and bridge projects and investment and strategic projects, in addition to the fact that the budget is distributed between the Baghdad Municipality and the governorate, and a small share of it goes to the outskirts.
In turn, the Director of the Projects Department in the Baghdad Municipality, Engineer Yaqzan Al-Waili, told Al-Sabah: The municipality has begun implementing 84 diverse service projects, the most prominent of which is developing all traffic intersections and decorating the streets with lighting and green areas, in addition to covering the sidewalks with Muqarnas.
He added that the first four months of next year will witness a qualitative shift in terms of services, after the completion of infrastructure works and cladding projects, noting that three municipal departments, namely Al-Kadhimiya, Al-Adhamiya and Al-Karkh Center, are close to completing the cladding works within their sector by 100 percent.
Al-Waili explained that the works currently being implemented in various areas of the capital include renewing water, sewage and rainwater networks, in addition to replacing side molds and paving streets with muqarnas, in addition to paving and covering streets and main roads, explaining that these projects aim to improve the service reality of the capital in conjunction with its selection as the Arab Tourism Capital for the year 2025. https://alsabaah.iq/107912-.html
The matter is resolved.. Iraq will NOT offer today its precious dollars in the controversial dollar auction, or what is called the window of selling foreign currency and the electronic platform. 20 years after the start of this measure, Ammar Khalaf, deputy governor of the Central Bank, confirmed in a statement to the network 964 that the dollar platform has become by closing in compliance with the date set by the governor to close it at the end of 2024, and denied behind all rumors about the possibility of extending the work on the platform
, and spoke with great positives, reassuring the market and consumers that the overwhelming majority of traders have already adapted to the new system in which the Central Bank does not provide direct dollar to traders, but what will happen?!
According to the new system after the closure of the window, traders will have to deposit their money in dinars in Iraqi banks that have entered into partnerships with foreign banks “called correspondent banks” and these correspondent banks with American banks are responsible for all verifications and compliance procedures.
The central bank will only be tasked with enhancing dollar balances in the accounts of banks that can pass through all these procedures. Many experts believe that this step removed the central bank from responsibility for any possible invoicing or attempts to smuggle currency, and the central bank has protected itself from any possible US sanctions with the dangerous dimensions it means on the country's economy
First 12/30/2024 Half a trillion dinars for Baghdad projects 51a076da-9e8e-4eb0-947a-0e2876bade6e
Baghdad Provincial Council has prepared a project plan at a cost of (500) billion dinars to be implemented during the coming year, while Baghdad Municipality has pledged a qualitative shift in services during
(2025). Member of the Baghdad Provincial Council, Muhammad Al-Shaalan, told Al-Sabah: “The governorate has prepared its plan for next year at a financial cost of about (500) billion dinars.”
He added, "The aforementioned plan includes projects in various sectors, including water, sewage, roads linking districts and sub-districts to the center, and infrastructure in outlying areas."
He noted that "the focus will be on deprived areas that have not been included in the service effort and have not been included in the plans," indicating that (50) percent of the budget for the year (2023) has been allocated to road and bridge projects and investment and strategic projects, in addition to the fact that the budget is distributed between the Baghdad Municipality and the governorate, and a small share of it goes to areas Parties. https://alsabaah.iq/107931-.html
“Guys due to my NDA on a certain platform I cannot talk about it but I can tell you that finally God has listen to us and this time it’s not disinformation. Just get prepared everyone because this time it’s coming.
I’m extremely overwhelmed because not because they said this or that it’s because these people have been waiting for something and at long last it has arrived. Please pray and stay in faith. 2025 is going to be a year full of blessings for mankind.
All protocols have been met and everything is ready to go. We just have to wait for the GO sign. I’m expecting the 1st or the 2nd of January. I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025. Not long to go guys. God bless.”
