The President Of The Republic From Anbar: Security And Stability Are The Basic Pillars For Achieving Development And Progress, 19 JAN

 The President Of The Republic From Anbar: Security And Stability Are The Basic Pillars For Achieving Development And Progress

President of the Republic, Abdul Latif Jamal Rashid, stressed today, Saturday, that security and stability are the basic pillar for moving towards achieving development and progress.

The President of the Republic said, in a speech during his visit to Anbar Governorate, issued in a statement by his media office, received by the Iraqi News Agency (INA): “Security and stability are the basic pillars for moving towards achieving development and progress for our country and our people.” 

He added: “We suffer from decreasing water resources and increasing desertification and drought, which are controlled by three main factors: climate, water management, and the actions of neighboring countries.” 
The President of the Republic stressed: “His support for the work of universities, colleges and institutes and their development in a way that achieves the desired goals of enhancing the solidity and reputation of universities and raising their scientific level.” 
President of the Republic Abdul Latif Jamal Rashid arrived in Anbar Governorate this morning, Saturday.

 

MILITIAMAN CC HIGHLIGHTS NOTES, 19 JAN

 MILITIAMAN CC HIGHLIGHTS NOTES

Chapter Summary: The Evolution of Iraq’s Cultural and Economic Landscape

Introduction

This chapter provides a comprehensive overview of a recent presentation discussing significant developments in Iraq, focusing on cultural heritage, economic reforms, and international relations. The speaker, representing the Militia Man and Crew, emphasizes the importance of these topics for understanding Iraq’s current trajectory and future potential. Key concepts such as cultural heritage, economic openness, electronic payments, and international partnerships are highlighted as pivotal in shaping Iraq’s evolving identity on the global stage.

1. Cultural Heritage and International Relations

The Opening of the Iraq Cultural Center in London

• An ancient Assyrian tablet, dating back to 883-859 BC, was received by the Iraq Cultural Center in London, marking a significant step in Iraq’s efforts to reclaim its cultural artifacts.
• The Minister, on behalf of the Prime Minister, emphasized that this initiative aims to strengthen Iraq’s cultural position internationally and engage intellectualsand artists abroad.
• The return of artifacts signifies a broader commitment to preserving Iraq’s historical legacy, with the speaker noting that the United Kingdom has a history of retaining such items but has recently shown a willingness to return them.

Cultural Significance and Political Implications

• The return of cultural artifacts can be seen as a diplomatic gesture, symbolizing the strengthening of bilateral relations between Iraq and the UK.
• The speaker mentions that the United States previously returned 30,000 artifacts, signifying a trend where countries are recognizing the importance of cultural heritage in international relations.

2. Economic Progress and Digital Transformation

Advances in Electronic Payments

• The Real Estate Bank in Iraq reported that its electronic payment serviceshave achieved collections three times higher than cash transactions over the past year, indicating a shift toward digital financial systems.
• The Prime Minister’s government program supports this transition, and the results have been positive, reflecting an ongoing commitment to modernizing Iraq’s economy.

The Youthful Population’s Role

• Iraq has a predominantly young population, which is increasingly adapting to electronic services, suggesting a favorable environment for the adoption of digital payments and economic innovations.
• Hassan Al Dafari, an expert in the banking sector, emphasized that the development of the banking system is both a governmental desire and an economic necessity, especially with the impending Development Road Project .

3. Legislative and Economic Reforms

Legislative Framework for Investment

• The Iraqi government’s policy since 2006 has focused on fostering an investment-friendly environment, improving legal frameworks to enhance investor confidence.
• The discussion includes the importance of legislative stability for attracting foreign investments, as instability leads to uncertainty and risk.

Historical Context and Future Prospects

• The speaker highlights that significant changes in Iraq’s investment strategy have occurred since 2004, reflecting a shift towards reducing legislative barriers and increasing reliance on market mechanisms.
• The successful completion of the IMF and World Bank agreements has accelerated economic reforms, emphasizing the need for infrastructure improvements and the opening of sectors to national and foreign private investments.

4. International Partnerships and Economic Growth

New Phase of Relations with the UK

• The British Ambassador announced a new phase in Iraq-UK relations, emphasizing a partnership of equals, which acknowledges Iraq’s growing significance on the international stage.
• This partnership is underscored by the signing of several memorandums of understanding in various sectors, including energy and climate change, indicating a collaborative approach to addressing Iraq’s challenges.

Challenges and Opportunities

• The speaker notes that while Iraq faces challenges such as water scarcity and electricity shortages, ongoing engagement with international partners is crucial for sustainable development.
• The signing of agreements with major corporations, including British Petroleum, highlights Iraq’s strategic direction toward becoming a competitive player in the global economy.

5. The Role of Parliament in Economic Development

Legislative Challenges

• The speaker expresses concern over the Iraqi Parliament’s ability to maintain a quorum and pass important legislation, which is essential for sustaining economic momentum.
• Emphasis is placed on the need for cooperation among political factions to enact laws that benefit the populace, particularly those related to economic reform and social welfare.

Future Legislation and Economic Empowerment

• The potential introduction of laws that enhance purchasing power and improve economic conditions is discussed, pointing to the importance of legislative support for economic initiatives.
• The speaker advocates for a focus on laws that enhance transparency and reduce barriers for both local and foreign investors, fostering an inclusive economic environment.

Conclusion

In summary, Iraq stands at a pivotal moment, balancing the reclamation of its cultural heritage with ambitious economic reforms and strengthened international partnerships. The developments in electronic payments, legislative enhancements, and the establishment of a partnership of equals with the UK signify a progressive trajectory for the nation. As Iraq continues to modernize and integrate into the global economy, the importance of political stability, legislative clarity, and cultural engagement remains paramount. The implications of these changes are profound, potentially transforming Iraq into a key player within the international financial landscape.

MAJEED: READY TO GO ON FOREX!! @DINARREVALUATION #iraqidinar #iraqidinarinvestor

 

Central Bank: No Decision Or Directive Has Been Issued Regarding Closing Outlets Or Converting Them Into Exchange Companies, 19 jan

 Central Bank: No Decision Or Directive Has Been Issued Regarding Closing Outlets Or Converting Them Into Exchange Companies

The Central Bank of Iraq confirmed today, Saturday, that it had not issued a decision or directive to close exchange outlets, and the Central Bank called for caution in transmitting and circulating news that indicates the closure of exchange outlets.

The bank explained in a statement received by the Iraqi News Agency (INA) that "the Central Bank is working to expand the spread of cash delivery outlets through all available channels, including automated teller machines (ATMs), cash payment machines (POCs), and authorized exchange companies, in addition to electronic payment company outlets and electronic payment machines (POS) spread throughout Iraq." 
The bank also stressed "the need to obtain news from its official sources published on its website and its verified pages on social media." 
The statement indicated that "the bank has issued circulars to all parties in the Iraqi financial and banking sector, including directing banks and non-banking financial institutions to expand financial services in areas that lack this type of service."

MIKE BARA : FRIDAY MORNING UPDATE, 19 JAN

 MIKE BARA

FRIDAY MORNING UPDATE

 Okay guys, I'm going to give you an update on where we think we are and what I'm hearing.

The intel has broken down into two factions: The "It's tonight" faction and the "After the inauguration" faction. But both sides agree on the following: It's done.

 Toasted. Roasted. Finished. 165 degree internal temperature. 

There is nothing left that needs to be done from a paperwork or agreement perspective. Everything is signed, sealed and delivered. HCL: DONE. GOLD TREATY: DONE. TRADE AGREEMENTS: DONE. CODES ISSUED AND READY: DONE. RATES: DONE. NEW TREASURY NOTES IN BANKS: DONE.

 I even know the exact amount each Iraqi citizen is going to get under the HCL agreement, and you won't believe the mere pittance they've been haggling over for the last 10 years while we waited for Zimbabwe to get their act together.

Anyone telling you there is still work to be done is either not connected or a disinfo agent. Any further delays are not financial or bureaucratic. They are geopolitical shenanigans. 

Points favoring the "It's tonight," Faction: 

They can make the announcement in the mosques tonight, which we've always been told they would do. 

The FOREX would be closed.

It's too late for Biden to get credit for it. Yellen would have less than 48 hours to respond.

It might precipitate a dollar crash when the FOREX reopens on Sunday, which is the perfect cover.

The Iraqi's fear that Trump, once in power, will halt the proceedings and try to secure a better deal for the United States, so they MUST go now before he gets in.

They insist that the Dinar revaluation will be announced tonight at midnight eastern time.

Points favoring the "After the inauguration," Faction:

Trump gets full credit.

Biden cannot steal or interfere. 

The inauguration itself gives cover in the news.

It would still look like a mess that Biden handed over to Trump.

NOTE: If they wait too long after the inauguration, it could look like it was Trump's fault, or he was asleep on the job. This creates A LOT of pressure for something to happen in the next 3 days. 

If it goes beyond that, I don't know what to tell you.

That's it. That's what I have.

Mike

Reinaldo JC: The CBI needs to EXPOSE/CHANGE/INCREASE the Dinar rate! for approve the Budget! #iqd

 

Including Facilitating The Entry Of Investors.. Al-Haimas: The Draft Law Of The Securities Commission Includes Four Important Articles, 19 JAN

Including Facilitating The Entry Of Investors.. Al-Haimas: The Draft Law Of The Securities Commission Includes Four Important Articles

Chairman of the Securities Commission, Faisal Al-Haimas, stressed today, Tuesday, the necessity of passing the Securities Commission Law, while pointing out that the law includes four important articles .

Al-Haims told the Iraqi News Agency (INA): “The Parliamentary Finance Committee hosted us in order to discuss the draft law of the Securities Commission, which had its first reading in Parliament,” indicating that “there are several obstacles facing the stock market due to the lack of a law, and we hope that the Finance Committee will help pass the law as soon as possible .”

He added that "the draft law was submitted by the Council of Ministers to the House of Representatives in the last chapter of the last legislative year," noting that "the law includes many articles, the most important of which are keeping pace with the current laws in addition to facilitating the entry of investors into the market and transforming the market into a joint-stock company listed on the market ."