AJ: "Here we are Jan 2nd 2025 done" @DINARREVALUATION #iraqidinar

 

President Rashid: We hope that the new year will be full of achievements, 1 JAN

 President Rashid: We hope that the new year will be full of achievements

 Today, 17:52

+A -A

INA - BAGHDAD

President of the Republic Abdul Latif Jamal Rashid congratulated Iraqis and the whole world on the New Year, on Tuesday, indicating his aspiration that the new year will be full of achievements and the fulfillment of the aspirations of our people.

"With the advent of the new year, we extend our warmest congratulations and blessings to our honorable people inside and abroad, and the whole world," said Rashid on X - followed by the Iraqi News Agency - INA.

He wished that "the Iraqi people and the world a peaceful, prosperous and happy New Year as we welcome 2025." 

"This is a time to come together, unite and commit to building a better future for all Iraqis. Through collective effort, we can meet the needs of our communities, improve living standards and ensure a safer, more stable country for everyone," added the President of the Republic.

EXCERPTS FROM MARKZ : from the Central Bank of Iraq today. 1 DEC

 EXCERPTS FROM MARKZ

MZ: from the Central Bank of Iraq today…..has us excited. I think it tells us a lot about timing.

MZ: “In continuation of circular # 3449 dated 1-15-2024 regarding the unification and updating of controls and instructions related to the standards for circulation and replacement of bank notes. We attach to you the principal standards and instructions for that will be adopted in the counting, sorting , receipt and delivery of bank notes. To be implemented starting from 1-2-2025 with appreciation That is supposed to continue and be completed 1-15-2024 (2025?)

MZ: they are saying they will be issuing the instructions related to the standards of circulation and the replacement of banknotes….. which has folks excited. .

Member: hopefully the replacement notes mean lower denominations.

Member: So did auctions stop at the CBI?

MZ: They are getting ready to move auctions from the CBI to the banks…We are very close.

MZ” “Iraq to end currency auctions by start of 2025” over the next few days we are going to see so many changes…buckle up

MAJEED: “the CBI has canceled It’s 20 years controversial auction!! @DINARREVALUATION #iraqidinar

 

Al-Hassan in New Year's greetings: Iraqis can draw a better future, 31 DEC

 Al-Hassan in New Year's greetings: Iraqis can draw a better future

INA - BAGHDAD

The Representative of the Secretary-General of the United Nations in Iraq, Muhammed Al-Hassan, stressed in a message on the occasion of the New Year, on Tuesday, that the Iraqi people have the ability to draw a better future.

"I extend to you all my sincere congratulations to the Iraqi people and the government of Iraq on the achievements made during the year 2024," said Al-Hassan in a video message on X - followed by the Iraqi News Agency - INA.





He added, "We have witnessed practical and tangible steps towards development and improving infrastructure."

"We have great confidence in Iraq, its people, and its institutions to draw a better future," he added.

MILITIAMAN CC HIGHLIGHTS NOTES, 1 JAN

 MILITIAMAN CC HIGHLIGHTS NOTES

Highlights

• 🔄 : The forthcoming suspension of the dollar auction system by the Central Bank reflects a significant shift in Iraq’s monetary policy. This change is designed to empower local banks and enhance the overall financial system’s health, ultimately leading to a more stable currency environment.

• 🔍 Importance of Regulatory Oversight: The implementation of strict regulatory measures aims to address issues of corruption and financial malpractice. By ensuring compliance with international standards, Iraq is taking crucial steps to restore investor confidence and improve its business environment.

• 🌱 Long-Term Development Goals: The preparation of a sustainable development report highlights Iraq’s commitment to transparency and accountability in its developmental initiatives. This report will serve as a benchmark for future progress and is expected to attract additional international support and investment.

• 📈 Global Financial Integration: Iraq’s efforts to align its banking practices with international standards demonstrate a commitment to transparency and modernization in its financial systems. By doing so, Iraq positions itself as a credible player in the global financial market, paving the way for further economic opportunities.

In conclusion, the video emphasizes a period of transformation and opportunity for Iraq, marked by significant economic developments and strategic initiatives aimed at enhancing the country’s global standing. The focus on historical significance, combined with forward-looking policies, sets the stage for a promising future as Iraq seeks to rebuild and grow in the coming years.

JEFF: The CBI would have to post and say, 'hey we're going to be ending the currency auctions #iqd