IRAQ
I see A lot of distraction, confusion, dis/misinformation coming from Iraq News Articles, Government on both sides of the isle, Advisors, Economists, Ex Politicians, etc etc.
Guys, It’s happening on purpose by design to keep you away from this investment frustrated & to throw in the towel.
The U.S. Treasury is there for a reason. The World banks need this liquidity asap.
Stay humble, focused & remove yourself emotionally
Let’s see what happens this upcoming Sunday with them stating they will be voting/approving the budget. ACTION speaks louder than words..
The Central Bank of Iraq has NO CHOICE but to INCREASE the Dinar Exchange Rate for the 2025 budget!!! (imo)
WORLD BANK PLEDGES TO FINANCE OIL AND ENERGY PROJECTS IN IRAQ
DURING A MEETING WITH AL-SUDANI
The World Bank announced today, Tuesday, its pledge to finance a number of oil, energy and infrastructure projects in Iraq, during the reception of the Prime Minister, Mohammed Shia Al-Sudani, the Vice President of the World Bank for the Middle East and North Africa region, Othman Dayon, where ways of cooperation between Iraq and the World Bank were discussed, and the progress of development projects in Iraq.
Al-Sudani’s office said in a statement :
Prime Minister Mohammed Shia Al-Sudani received today, Tuesday, the Vice President of the World Bank for the Middle East and North Africa, Mr. Osman Dayon, where they discussed ways of cooperation between Iraq and the World Bank, and the progress of development projects in Iraq.
The Prime Minister pointed out that development projects that aim to maximize the non-oil economy and contribute to job creation are a priority for the government, stressing the continuation of economic reforms that support the private sector, and that the World Bank is called upon to enhance this experience.
His Excellency explained that the government considers the World Bank an important partner in the reform process, and that the Ministerial Council for the Economy has approved the program that was approved by the Ministry of Planning in cooperation with the World Bank, especially since the results of the reform steps in the customs and tax fields have begun to appear in a tangible and positive manner.
The meeting witnessed discussions on financing the old railway rehabilitation project and financing a number of other development projects, as Mr. Dayon pledged the bank’s financing of a number of oil, energy and other infrastructure projects. The International Finance Corporation’s contribution to financing a number of private sector projects was also discussed.
We are watching Iraq be reborn into a digital age. A new economic renaissance is underway now.
The gears of progress being witnessed by all of the world effectively are front and center. There is no stopping Iraq's direction she is taking. It is an awesome thing to watch.
Prime Minister Mohammed Shia Al-Sudani hosted a meeting at the government palace on Wednesday evening that included the heads of parliamentary blocs, in the presence of the Speaker of the House of Representatives Mahmoud Al-Mashhadani, and his deputies Mohsen Ali Al-Mandalawi and Shajan Abdullah.
According to a statement by the Prime Minister’s Media Office received by Al-Sabah, “the meeting witnessed a review of the progress of the implementation of the government program, and the importance of supporting government steps in completing service and economic projects with direct contact with the lives of citizens.”
The recent amendment to the budget law received by the government on the law was also discussed, as the Prime Minister confirmed the commitment to this text, which deals with the issue of the cost of producing a barrel of oil, which was approved by the Council of Ministers,
the same text that was voted on within the Parliamentary Finance Committee.
Al-Sudani pointed out the need for the House of Representatives to approve this amendment without change, to complete the development plans, in accordance with the economic interest of Iraq, and the vision adopted by the government program approved by the House of Representatives.
For their part, the Speaker of the House of Representatives, his deputies and the heads of the parliamentary blocs expressed their support for the adoption of the government text sent in the amendment to the Federal Budget Law.
It was also emphasized that the government’s plans and programs were assigned to achieve the best interests of Iraqis everywhere.
Back in November we noticed that [banks] stopped saying it was a scam.
In December they still said we're not saying it was a scam...The 1st week of January banks kind of shut down. They became silent...leave me alone. That was an interesting pattern because they were all acting that way...
We're waiting right now for this parliament to stop acting stupid,
in the sense of passing the laws, passing the Amendment 12-2 C that we want.
That's it. It'll open up the budget and expose a lot. That's what these banks [in the Middle East] have been told IMO.
That's why they're on pins and needles. The next step of the monetary reform process is going to affect every bank on this planet Earth, well every bank that is involved in exchanging foreign currency. And they all know it. Why do you think the US Treasury is meeting all over the place? They all are on pins and needles waiting for this to happen.
IRAQ
Let’s see what happens this upcoming Sunday with them stating they will be voting/approving the budget. ACTION speaks louder than words..
The Central Bank of Iraq has NO CHOICE but to INCREASE the Dinar Exchange Rate for the 2025 budget!!! (imo)