MILITIAMAN: They're looking for an exchange rate change because that's what's going to happen.

 

Al-Sudani confirms Iraq’s determination to consolidate relations with the United Kingdom in various fields, 15 JAN

Al-Sudani confirms Iraq’s determination to consolidate relations with the United Kingdom in various fields

Economy News – Baghdad

Prime Minister Mohammed Shia Al-Sudani stressed on Tuesday Iraq’s determination to consolidate constructive bilateral relations in various fields, and in a way that promotes the mutual and sustainable interests of the Iraqi and British peoples.

The Prime Minister’s Information Office said in a statement, seen by “Economy News”, that “Prime Minister Mohammed Shia Al-Sudani met the King of the United Kingdom, His Majesty Charles III at Buckingham Palace in the British capital London.”

He added, “During the meeting, bilateral cooperation between Iraq and the United Kingdom was reviewed, and ways to establish a productive partnership in various economic and developmental fields. Cooperation in the field of facing the challenges of climate change and opportunities for enhancing cultural cooperation were also discussed.”

Al-Sudani, according to the statement, expressed “his appreciation for the official invitation he received to visit Britain,” stressing “Iraq’s determination to consolidate constructive bilateral relations in various fields, and in a way that promotes the mutual and sustainable interests of the Iraqi and British peoples.”

For his part, King Charles III welcomed the prime minister, pointing to the depth of the historical relationship between Iraq and Britain, and the outstanding importance that the governments of the two countries attach to developing common interests and understandings at various levels.

STATUS OF THE RV, PART. 3 BY MNT GOAT, 14 JAN

 STATUS OF THE RV, PART. 3 

😊Okay so here is yet another “WOW!” one. This is another article about these future non-oil revenues. The title of the article is “GOVERNMENT ADVISOR: ASYCUDA SYSTEM IS A VITAL TOOL FOR DEVELOPING CUSTOMS WORK AND BOOSTING INTERNATIONAL TRADE”. Oh… didn’t we address this one before?

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, reviewed on Sunday, the importance of adopting the ASYCUDA system in customs administration, noting that it reduces delays at ports and boosts international trade. Yes, yes, just do it. But can you?

Saleh told the Iraqi News Agency (INA): “ASYCUDA is a customs data management system developed by the United Nations Conference on Trade and Development (UNCTAD) since the eighties of the last century, as this system aims to simplify and accelerate customs and border crossing operations using modern digital technology, according to the generations of the system applied, including the second advanced generation that relies on cloud digital technology.”

  Remember again that this system needs a link to FOREX currency exchange to get the most current, UpToDate rate of currencies in order to calculate the fees. They cannot “fully” implement it without this tie in.

But here is the juicy part of this news today about customs revenues and I quote from the article “in line with the government program to enhance the efficiency of collecting non-oil revenues and make them no less than 20% of total revenues”What did they just say? Did they say customs would be no less than 20% of total non-oil revenues? WOW! WOW! WOW! My jaw is getting tired of dropping so much…. WOW!.

Oh…. But what about the revenues for tariffs? I am sure eventually we will be reading about them too and the percentage of total non-oil revenue they represent. 

This news will probably come out when the Port of Faw is fully operating. Also don’t forget about the Development Road Project and what this will mean to Iraq. It will also mean lots and lots of mullah $$$, I mean casholah $$$! 😊

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Militia Man : The 2023, 2024, 2025 budget amendment looks to be on the table!! ‪@DINARREVALUATION‬

 

Coordination Framework: We will soon vote on amending the budget law, 14 JAN

 Coordination Framework: We will soon vote on amending the budget law

Baghdad Today – Baghdad

The representative of the Coordination Framework, Mukhtar Al-Moussawi, confirmed today, Tuesday (January 14, 2025), that the House of Representatives is close to voting on the first amendment to the budget law.

Al-Moussawi told Baghdad Today, “There is consensus and agreement to expedite the vote on the first amendment to the budget law, and this matter will be done during the upcoming sessions, especially since the forces of the Coordination Framework agreed on this during their last meeting.”

He added, “This amendment will resolve part of the financial and oil dispute between Baghdad and Erbil, and will also speed up the process of sending the 2025 budget tables from the government to Parliament, and for this reason there is parliamentary interest in the amendment and meetings are ongoing to resolve the points of contention.”

Yesterday, Monday, the Council of Representatives concluded the report and discussion of the second reading of the draft law amending the first federal budget law of the Republic of Iraq for the fiscal years (2023 – 2024 – 2025) No. 13 of 2023.

https://baghdadtoday.news/265861-%D8%A7%D9%84%D8%A7%D8%B7%D8%A7%D8%B1-%D8%A7%D9%84%D8%AA%D9%86%D8%B3%D9%8A%D9%82%D9%8A-%D9%82%D8%B1%D9%8A%D8%A8%D8%A7-%D8%B3%D9%86%D8%B5%D9%88%D9%91%D8%AA-%D8%B9%D9%84%D9%89-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9.html

STATUS OF THE RV , PART. 2 BY MNT GOAT, 14 JAN

STATUS OF THE RV , PART. 2 

😊In the next bit of news in an article titled “IT CAN BECOME A MAJOR SOURCE OF INCOME IN THE ECONOMY.. AL-SUDANI DIRECTS THE MATURATION OF TOURISM PROJECTS”. 

In the article Al-Sudani directed to work on maturing tourism projects and offering them as a single package, especially since developing this sector will contribute to strengthening and diversifying the national economy by activating vital sectors, including the tourism sector, which the government is keen to activate for the next stage. 

 He pointed out that tourism and its components are available in Iraq, and it is possible to transform into a basic source in the non-oil economy. 

According to the statement, the meeting approved extending an invitation to a Spanish company specialized in tourism development in order to put projects related to this sector into action, as well as to develop the capabilities of specialized tourism cadres and keep pace with the latest developments witnessed by this sector globally.

 Twenty one (21) tourism projects were also reviewed, including hotels, resorts, sustainable forests, cities and entertainment complexes in Baghdad and various governorates, which provide attractions, infrastructure and economic feasibility. Folks this is going to be BIG!

I have talked about tourism industry in Iraq many times in the past and we read news about it. So now we can see that Al-Sudani is taking on this non-oil revenue sector seriously and will exploit it to overcome the rentier economy (oil based economy) of Iraq. 

Now you add this to the other non-oil sources of revenues and you have a booming economy for Iraq. WOW! WOW! WOW! Are you tired yet of saying WOW? They will soon be filthy rich with little to no debt. They are backing their currency with GOLD too. Oh…. their dinar is at what price? A 1/6 of a penny? Really?

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/ 

WALKINGSTICK: IRAQI BANK FRIEND AKI : THEY'RE DE-DOLLARIZING THE WHOME MIDDLE EAST!‪@DINARREVALUATION