EXCERPTS FROM MARKZ: WE ARE CLOSE! @DINARREVALUATION #iraqidinarinvesto...

Al-Sudani Issues Directive To Ministries Concerned With The "Development Path", 24 JAN

 Al-Sudani Issues Directive To Ministries Concerned With The "Development Path"

Construction and reconstruction   Economy News – Baghdad  Today, Wednesday, Iraqi Prime Minister Mohammed Shia Al-Sudani directed the state ministries and institutions concerned with the Development Road Project to submit their data to Oliver Wyman Company, in order to prepare an integrated vision for the project.

This came during his chairmanship of the first periodic meeting of the year for the Higher Committee for the Development Road Project, in the presence of representatives of Oliver Wyman Company, which is concerned with providing consulting services for the project, according to a statement issued by his office.

Al-Sudani was briefed on the latest procedures related to the development road project and the stages of completion of the five projects of the Grand Faw Port, stressing the need to address the challenges facing the implementation of these projects quickly to ensure adherence to the specified timetables.

The Prime Minister also listened to a detailed presentation by the consulting company on the economic model for the Development Road Project, stressing the importance of keeping pace with the latest developments in the field of modern technologies and techniques.

The meeting also witnessed a review of the security plan for the project, in addition to presenting the results of the last quadripartite ministerial meeting held to discuss the development road project in the presence of the transport ministers from Iraq, the UAE, Turkey and Qatar.  https://economy-news.net/content.php?id=52198

TIDBIT FROM BRUCE, 24 JAN

  Bruce  

 [via WiserNow] 

 I was misinformed, and I misinformed you guys. This could not go before President Trump made his way back into the Oval Office, and the information we were getting might have been coded, and we took the code wrong, or whatever happened...my fault, my bad...

The good news is he is back in as of...the 20th of January...But now that we've crossed that threshold that President Trump is back...And the good news is that we are moving forward...

I just think we're looking very good to get started with this...there is nothing else to hold us up from going.

Jon Dowling & Sandy Miarecki Discuss Trumps Inauguration From Military P...

Exchange Rates Fall Against The Dinar In Baghdad And Erbil With The Closing, 24 JAN

 Exchange Rates Fall Against The Dinar In Baghdad And Erbil With The Closing

01/22/2025  Mawazine News – Economy  The US dollar exchange rate fell against the Iraqi dinar on Wednesday in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, with the closing of the stock exchange.

The dollar exchange rate also fell with the closing of the two main stock exchanges in Baghdad, Al-Kifah and Al-Harithiya, to record 150.850 dinars per 100 dollars, while the dollar exchange rate this morning recorded 151.000 dinars per 100 dollars.

The selling prices in exchange shops in the local markets in Baghdad stabilized, where the selling price reached 152.000 dinars per 100 dollars, while the purchase price reached 150.000 dinars per 100 dollars.

In Erbil, the dollar also fell, where the selling price reached 150.700 dinars per 100 dollars, and the purchase price reached 150.600 dinars per 100 dollars  https://www.mawazin.net/Details.aspx?jimare=258898

DINAR GURUS UPDATE: RECENT UPDATES OF THE IRAQI DINAR & VIETNAM DONG, 24 JAN

 DINAR GURUS UPDATE: RECENT UPDATES OF THE IRAQI DINAR & VIETNAM DONG

Highlights

Summary

 Wolverine expresses optimism about the current liquidity situation and how individuals are beginning to secure bank appointments, suggesting that a significant shift in currency rates might be imminent.

 MarKZ discusses projected rates for the Dinar and Dong, emphasizing that while estimates range between $3.90 to $4 for the Dinar and $2 to $3 for the Dong, final confirmation will only occur at the banks. Additionally, the video addresses the introduction of new 30 Dinar banknotes with advanced features for the visually impaired, clarifying that these notes will remain in circulation post-zero deletion project.

A significant portion of the video discusses the implications of the amendment to Article 12, which relates to oil revenue distribution, particularly for the Kurdish region.

 Mr. Samy articulates that this amendment is tied to budget planning and exchange rates, highlighting the urgency for government action to avoid delays in salary payments for workers dependent on oil revenue. The discussion also emphasizes the importance of budgetary transparency and the potential impact on everyday lives.

• 🚀 Optimism in Currency Exchange: Intel Guru Wolverine shares excitement about imminent changes in the Iraqi Dinar’s value, with bank appointments being scheduled.
• 📉 Projected Currency Rates: MarKZ provides insights on expected rates of $3.90-$4 for the Dinar and $2-$3 for the Dong, emphasizing that these rates will only be confirmed at banks.
• 🔍 New Dinar Banknotes: Iraq’s Central Bank assures that new 30 Dinar notes will remain valid post-project zero deletion, addressing concerns for visually impaired individuals.
• 🛢️ Impact of Article 12 Amendment: The amendment is highlighted as crucial for oil revenue distribution in the Kurdish region, influencing salary payments and budget planning.
• 📊 Budget Transparency: New budget tables are discussed as a means for citizens to understand government spending, enhancing accountability.
• 🌍 Red List Implications: Getting off the “red list” can improve a country’s image and attract foreign investments, boosting economic growth.
• 💵 Stabilization of Exchange Rates: Current exchange rates for the US dollar against the Iraqi Dinar show stability, indicating a steady market environment.

Key Insights

• 📈 Liquidity Readiness for Currency Changes: The insights shared by Wolverine regarding liquidity readiness indicate a pivotal moment for Iraqi currency. The anticipation of bank appointments and confirmations suggests that a long-awaited currency revaluation may be on the horizon. This readiness could lead to increased investor confidence and a more stable economy, especially if rates align favorably with projections.

• 🌐 Significance of Projected Rates: MarKZ projected rates for the Dinar and Dong reflect the market’s expectations and the factors driving currency valuation. The range of $3.90 to $4 for the Dinar and $2 to $3 for the Dong indicates a potential appreciation, which can significantly impact international trade dynamics, remittances, and the purchasing power of citizens.

• 👁️ Accessibility in Currency: The introduction of new banknotes designed for the visually impaired is a progressive step toward inclusivity in Iraq’s financial system. The Central Bank’s commitment to ensuring these notes remain valid illustrates a broader effort to enhance accessibility while maintaining currency integrity during the transition away from zeroes.

• 💼 Impact of Fiscal Policies on Daily Lives: The discussions surrounding Article 12 highlight how governmental decisions intricately affect everyday individuals, particularly those reliant on oil revenues. Delayed salary payments could have a cascading effect on household finances, showcasing the importance of timely budget adjustments and transparent fiscal policies.

• 📉 Need for Clarity in Budget Allocations: The introduction of new budget tables enhances transparency, allowing citizens to scrutinize government spending. This transparency empowers individuals to engage in discussions about resource allocation, advocating for fair distribution and accountability from their leaders.

• 🚀 Economic Revitalization through International Investments: The insights into the “red list” concept elucidate how removing this label is not merely symbolic but crucial for attracting foreign investments. As countries shed their negative reputations, they become more appealing to businesses, which can lead to job creation and economic revitalization.

• 💵 Stability of Exchange Rates and Market Confidence: The stabilization of exchange rates for the US dollar against the Iraqi Dinar serves as a positive indicator for the market. This stability can bolster confidence among local and foreign investors, as it reduces the risks associated with currency fluctuations and fosters a more predictable economic environment.

FRANK26…1-21-25……..LD’S AND A VOTE