MILITIAMAN: If you do the math it turns out to be about $3.22! ‪@DINARREVALUATION‬ #iraqidinarinvestor

 

Prime Minister confirms Iraq's aspiration for more cooperation with the Arab Monetary Fund, 25 JAN

  Prime Minister confirms Iraq's aspiration for more cooperation with the Arab Monetary Fund

Prime Minister Mohammed Shia Al-Sudani called on the Arab Monetary Fund to cooperate in building bridges with its financial institutions.

A statement from his media office received by "Al-Eqtisad News" stated that "Al-Sudani received the head of the Arab Monetary Fund, Mr. Fahd bin Mohammed Al-Turki."

He stressed "the government's support for the tasks of the Arab Monetary Fund, of which Iraq is a founder and the second largest contributor, after the Kingdom of Saudi Arabia."

Al-Sudani pointed out that "Iraq looks forward to further cooperation with the Fun d, and that the effects of its work will be reflected on the Iraqi scene, through its contribution to financing the reconstruction and development campaign that the government has embarked on, especially in the field of infrastructure, as well as the desire for the Fund to work on expanding the contribution of Iraqi cadres in its work, and building bridges with Iraqi financial institutions."

He stressed "the importance of the Fund contributing to strengthening Arab ties, by regulating financial, monetary and trade relations, in a way that enhances common interests between them."

For his part, the Chairman of the Board of the Arab Monetary Fund stressed the Fund's keenness to support Iraq and participate in its development programmes, in a way that contributes to enhancing constructive cooperation in the field of financial and financing sectors.  link

FIREFLY: Once the budget passes, a new rate will show !!, 25 JAN

 Frank26 

  [Iraq boots-on-the-ground report]   

FIREFLY:Mr Sammy says when [Amendment 12 of budget] passes...then the next step will be that the budget table will be going to parliament...Once that passes a new rate will show before the tables go to parliament because the budget table line items need that rate.

  FRANK:  Thank you for that understanding.  I really appreciate it.  I'm going to rule out the 15 days and focus only on the accomplishment of the Amendments that will expose the new budget and the new rate.

EXCERPTS FROM MARKZ: WE ARE CLOSE! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

 

President of the Republic: Our relationship with America and Iran is good, and we are not under the control or will of any country, 25 JAN

 President of the Republic: Our relationship with America and Iran is good, and we are not under the control or will of any country

The President of the Republic, Abdul Latif Jamal Rashid, confirmed that Iraq is now free of terrorist operations, while describing the relationship with the United States of America and Iran as “good” and that we are not under the control or will of any country.

Rashid said, in an interview with Asharq Al-Awsat newspaper, followed by {Al-Furat News}, that: “Trump’s return is an important step to resolve conflicts in the world and the Middle East, and Iraq is now free of terrorist operations, and what remains of terrorism does not exceed a few pockets.”

He added, "Our relations with the United States of America are good, and we thank the American position for standing by our side in fighting the terrorist organization ISIS," noting that "the American forces are present under bilateral agreements, and at the request of the Iraqi government and in coordination and consultation with the political forces in Iraq."

Rashid continued, "The factions are now under the control of the government according to procedures that the relevant authorities are working on, to reach a situa tion that ends any combat activity in these circumstances," stressing "the importance of the state of Iran as a state and our relations with it are good; but we are the decision-makers in Iraq, and we are not under the control or will of any state."

He added, "Our region is a historical and civilized region, and is considered one of the most important regions. It is rich in natural resources more than any region of the neighboring countries. Therefore, we must enjoy our wealth, enjoy security and peace, and work to solve the problems of the neighboring countries."

Rashid added, "We tried to contribute to finding solutions to settle the situation in Syria during the era of Bashar al-Assad's regime, several times. Syria is an important country in the Middle East, and it shares borders with a number of countries in the region, but Bashar's regime unfortunately did not invest in our attempts. We supported Syria's return to the Arab League, and we tried to bring the views of the former Syrian regime and the various factions closer together."

"We wish the new administration in Syria success in improving the situation, but things are not very clear yet," he added, explaining, "We share a long border with Syria, and the fact is that there are a large number of terrorist organizations on the Iraqi-Syrian border, and that worries us. The international community must work to find radical solutions to the crisis of terrorists in detention camps who hold different nationalities."

Regarding the water crisis, Rashid said, “The water crisis exists at the present time, and its solutions also exist. The solutions, in my opinion, are easy if there is a real and serious intention to solve this problem. There are three main factors that contribute to the water crisis: neighboring countries, climate, and improving water management in Iraq.”  link

TIDBIT FROM MNT GOAT, 25 JAN

 Mnt Goat 

 There is new sheriff in town and his name is Donald Trump. What will his policy be towards the Iraqi financial system. 

 Four years have passed since his last administration and there has been way too much progress in the banking and financial reforms to turn back to the days of the prior Trump administration laden with sanctions.

 I am told by my CBI contact that Al-Sudani is hoping for an invite to visit the new President in Washington, or better yet have him come to Iraq..

.the CBI is being very cautious to see how the U.S. Trump administration is going to play out. Remember that Iraq is ditching the dollar but Trump has vowed to keep the USD as “the” reserve currency around the world. 

 Remember Iraq just de-dollarized and would luv to get off the Petro-dollar and find another peg or basket of currencies to peg to.  I know for a FACT the IMF has been working on this new basket of six currencies for this purpose. Will the US Treasury under the Trump administration accept it? ...Let’s see how this plays out..

FIREFLY: Everybody waits for the new exchange rate! WE ARE CLOSE!! ‪@DINARREVALUATION‬ #iraqidinar