DINAR REVALUATION HIGHLIGHTS!!: THE RV IS IMMINENT

Al-Sudani: Economic Reforms Have Raised The Level Of Foreign Investments In Iraq, 27 JAN

 Al-Sudani: Economic Reforms Have Raised The Level Of Foreign Investments In Iraq

Political |  01/26/2025   Mawazine News – Baghdad  Prime Minister Mohammed Shia'a confirmed, on Sunday, that the government has made significant progress in various aspects of economic reform and digital commercial and banking transformation, noting that economic reforms have been able to raise the level of foreign investment in Iraq.

The Prime Minister's media office said in a statement received by "Mawazine News": "Prime Minister Mohammed Shia'a al-Sudani received the Chairman of the US-Iraq Business Council, Vice President of the US Chamber of Commerce Steve Lotus."

He added, "The meeting witnessed a review of trade and cooperation relations between Iraq and the United States, and efforts to prepare for the US Companies Representatives Forum, which will be held in Iraq during this year, as well as following up on the implementation of 18 agreements and memoranda of understanding, which were signed during His Excellency's visit to the United States last year.

" Al-Sudani praised - according to the statement - "Lotus's efforts in sponsoring and holding forums and meetings, especially with the Iraqi private sector," stressing that "the government has made significant progress in various aspects of economic reform and digital commercial and banking transformation," pointing to the continuation of efforts to legislate the intellectual property law and introduce this concept into school curricula; In order to keep pace with global trade development.

Al-Sudani explained that “economic reforms have raised the level of foreign investment in Iraq, and that American companies are invited to participate in the development renaissance that Iraq is witnessing, and the attractive and business-friendly investment environment.”

For his part, Lotus praised - according to the statement - “the efforts of the Iraqi government in the field of reform, stressing the desire of many American companies to enter the Iraqi market, and to establish promising partnerships with the Iraqi private sector, and to contribute to development and expand the scope of commercial and investment activities.”  https://www.mawazin.net/Details.aspx?jimare=259048

TIDBIT FROM MILITIAMAN, 27 JAN

  Militia Man 

This article is March 14, 2023...It says time to get back to the previous era.  What are they talking about?  What was the value of Iraq's dinar in the previous era?

  In 1987...the price of 1 dinar was $3.30...I'm not saying a date or rate.  I'm just...giving you an example of what they were like in a previous era...

They told us 'the glory days', 'the previous era'.  Remember what al-Sudani said?  He didn't say a time specific about when the dinar was going to be stronger than the dollar, he just said that it was and he told his citizens to be careful...It's all coming full circle

 In Iraq they're going to be using the dinar that's all there is to it.

  If they change the value of their currency it's likely they're going to be using the dinar because it's going to be a strong currency and it's relatively likely to lead to a basket of currencies just like everybody else is relative to a basket of currencies in some shape or form.

Yes, I've been very very enthusiastic about the dinar...Everybody that's been in the last two years should easily see the evidence that shows Iraq is actually following through with what they're doing and that's the  digital transformation and that has a component in it and one is their future currency.  I'm very excited about it.  What we had  two years ago doesn't even compare to what we have today...

DINARLAND UPDATE :WHAT BAGHDAD TV ARE SHOWING TO THE CITIZENS BY FIREFLY...

Governor Of The Central Bank: We Provide The Necessary Support To International Companies Wishing To Invest In Iraq, Including American Companies And Banks., 27 JAN

  Governor Of The Central Bank: We Provide The Necessary Support To International Companies Wishing To Invest In Iraq, Including American Companies And Banks.

Sunday 26 January 2025 | Economic Number of readings: 332   Baghdad / NINA / The Governor of the Central Bank, Ali Al-Alaq, confirmed that the Central Bank provides the necessary support to international companies wishing to invest in Iraq, including American companies and banks.

The Central Bank of Iraq stated in a statement: "The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, met today with the Vice President of the American Chamber of Commerce, Steve Lutes, and the President of the American-Iraqi Business Council and his accompanying delegation in Baghdad."

He pointed out that "the meeting discussed the banking and economic relations between the two countries and the upcoming visit of the Central Bank of Iraq delegation to Washington and their meeting with the American Chamber of Commerce and American companies next April."

He continued that "the meeting discussed the desire of American companies to invest in the energy, infrastructure and modern technology sectors and to invest in the security stability witnessed by Iraq. The two parties also discussed the mechanisms of international trade and the process of Iraq's transition to fully operating in external transfers through correspondent banks."

During the meeting, the governor stressed that "the Central Bank of Iraq supports the economic growth process in Iraq and provides the necessary support to international companies wishing to invest in Iraq, including American companies and banks," noting "the importance of diversification in investment sectors." /End     https://ninanews.com/Website/News/Details?key=1182121

TIDBIT FROM SANDY INGRAM, 27 JAN

 Sandy Ingram  

 Germany's currency, the Deutsche Mark, began to significantly increase in value in 1948...however, the real boost to the Deutsche Mark's value and purchasing power came in the following decade, during the 1950s, as West Germany experienced the Wirtschasftswunder or economic miracle.

  The Deutsche Mark's strength was tied to West Germany's rapid industrial recovery, strong export performance, and prudent monetary policies.  By the mid-1950s, the Deutsche Mark was considered one of the most stable and valuable currencies globally...

However there is something else that Germany did that Iraq has not accomplished.  Germany disconnected from anything and everything concerning WWII or the previous German leader...The German people showed a remarkable and consistent desire to assimilate with the world.  Iraq has not shown this level of commitment as a whole.