WALKINGSTICK: I would say Aki's bank is for the exchange of the three zero notes #iraqidinar #iraq

 

Prime Minister welcomes the return of the Arab Bank: an important step to support the national economy, 14 APRIL

 Prime Minister welcomes the return of the Arab Bank: an important step to support the national economy

Prime Minister Mohammed Shia Al-Sudani welcomed on Sunday the return of the Arab Bank to work inside Iraq, after nearly eighty years of a pause, stressing that this step represents a clear indication of the political and economic stability witnessed by the country at the current stage.

The Sudanese Media Office said in a statement received by {Euphrates News} that “the latter received the delegation of the Arab Bank headed by Sabih Al-Masri, Chairman of the Bank’s Board of Directors, accompanied by a number of members of the Bank’s Board of Directors, on the occasion of the near opening of the Bank’s branch (Arab Bank / Iraq) in the capital Baghdad. During the meeting, it was discussed to strengthen cooperation between Iraq and the Bank in the financial and banking fields, and the Bank’s participation in financing various investment projects.”

He stressed that “the Arab Bank has been present in Iraq directly for nearly eighty years, explaining that its return is now important and reflects the state of political and economic stability that the country is currently witnessing.”

The Prime Minister pointed out that it is important that the bank’s activity is not limited to providing financial services, but contributes to the process of development and economic stability in the country, stressing the government’s readiness to provide all forms of support and support, in order to enhance Arab and foreign banking activity, in the service of the Iraqi economy and its development.”

For its part, the Bank’s delegation expressed its readiness to finance a number of investment projects and expand their banking activities, in a way that will contribute to creating job opportunities and revitalizing the economic sector.

https://alforatnews.iq/news/رئيس-الوزراء-يرحب-بعودة-البنك-العربي-خطوة-مهمة-لدعم-الاقتصاد-الوطني

MILITIAMAN: IQD Update - Iraq - US - Agreement - Talks between Al-Sudani and Erbil - Oil, 14 APRIL

 MILITIAMAN: IQD Update - Iraq - US - Agreement - Talks between Al-Sudani and Erbil - Oil

Highlights

Summary

In today’s video, the host discusses significant developments in the Kurdistan region of Iraq, focusing on the resumption of oil exports and the overall geopolitical landscape affecting the region.

 There are ongoing discussions between the Kurdistan Regional Government and U.S. officials regarding the need to restore oil exports through the Turkey pipeline, emphasizing the economic importance of this resumption. Additionally,

 the conversation touches on the state of employee salaries, investments in the oil sector, and broader governmental initiatives aimed at modernization and economic revitalization through digital transformation and infrastructure development.

The host also highlights the significance of strategic partnerships, such as one with HKN, a notable oil company, to enhance Iraq’s oil output, previously hindered by pipeline shutdowns. Furthermore, Prime Minister Mohamed Shia Al-Sudani’s focus on national entitlements and citizen welfare is laid out, stressing the importance of ensuring employee salaries are paid and that oil revenues are effectively distributed. The video emphasizes Iraq’s commitment to fostering a digital economy, transitioning from a rentier economy reliant on oil, and initiating substantial infrastructure projects. By showcasing investment opportunities across various sectors, the government aims to attract both local and international investment, with special focus on tourism, technology, and communications.

• 🌍 Resumption of Oil Exports: Kurdistan’s government is emphasizing the need to restart oil exports through Turkey to revitalize the economy.
• 💼 Strategic Partnerships: Collaboration with HKN, a major oil company, could enhance Iraq’s oil output and investment potential.
• 💵 Salary Concerns: Employee salaries have not been paid retroactively since 2023, emphasizing the government’s need to address fiscal management.
• 💻 Digital Transformation: Iraq is moving towards a digital economy, increasing connectivity, and automating various sectors.
• 📈 Investment Opportunities: The government has identified 400 investment opportunities with an aim to attract local and international investors.
• ✈️ Tourism Potential: The archaeological and historical significance of Babylon presents opportunities for religious tourism and economic growth.
• ⚙️ Infrastructure Development: Projects aimed at enhancing Iraq’s infrastructure aim to improve citizens’ quality of life and stimulate economic activity.

Key Insights

• 🌐 Geopolitical Importance of Oil: The discussions surrounding the resumption of oil exports through Turkey highlight the critical economic role of natural resources in stabilizing and growing the Iraqi economy. Oil serves not only as a revenue stream but also as a bargaining tool in international relations, particularly with the United States and neighboring countries.

• 🔄 Impact of Digitalization: Iraq’s move towards digitization is designed to streamline governmental processes and increase transparency, especially in financial transactions and administrative functions. Integrating modern technology in governance could lead to a reduction in corruption and improved service delivery to citizens, marking a crucial transition in managing public resources more effectively.

• 🌍 International Investment Focus: The emphasis on attracting foreign investment in sectors such as tourism, technology, and infrastructure indicates Iraq’s recognition of its potential beyond oil. By diversifying its economy and investing in various sectors, Iraq seeks to establish a sustainable model for economic growth while minimizing dependency on oil revenues.

• ⚖️ National Entitlements: Al-Sudani’s focus on national entitlements underscores the government’s commitment to its citizens’ rights to fair compensation and access to resources. This approach may enhance public trust and engagement in government initiatives, fostering a more responsive political environment.

• 📊 Investment in Infrastructure: The push towards infrastructure and modernization—highlighted by developments such as the FA Port—suggests a long-term strategic plan to facilitate trade and improve economic conditions. Such investments can lead to job creation and enhanced revenue streams that benefit the broader community.

• 💡 Cultural and Historical Capital: Addressing archaeological tourism reflects Iraq’s rich history and cultural heritage. The potential for tourism in regions like Babylon can serve as a catalyst for economic development, drawing international tourists and generating significant revenue.

• 🚀 Vision for the Future: The government’s comprehensive plans for modernization and economic transformation signal an ambitious vision for Iraq’s future. With a focus on digital economies and infrastructure, Iraq has the opportunity to align itself with global standards, potentially leading to a more prosperous and sustainable economy.

In conclusion, the video encapsulates a moment of potential change for Iraq, driven by strategic initiatives and international collaboration that could pave the way for economic growth, improved living standards, and a more engaged citizenry. As the country looks to stabilize and diversify its economy, the fundamentals laid out by the current administration could help position Iraq as a competitive player on the global stage. Ongoing updates and community input in forums like Patreon and Discord provide valuable perspectives and insights into these significant developments.

FIREFLY: "Mr. Sammy your boss is obligated to raise the value of your currency" ‪@DINARREVALUATION‬

 

Al-Sudani appreciates World Bank efforts in supporting Iraq, 14 APRIL

Al-Sudani appreciates World Bank efforts in supporting Iraq

Prime Minister Mohammed Shia Al-Sudani appreciated the World Bank’s efforts in supporting Iraq.

A statement from his media office said that Prime Minister Mohammed Shia Al-Sudani received on Sunday the World Bank Vice President for the Middle East and North Africa, Osman Dayon and his accompanying delegation.

The World Bank delegation reviewed the projects under discussion with the ministries and authorities related to Iraq, in the sectors of railways, highways and energy, including the fixed gas platform in the port of Al-Faw, and the plan of the Ministry of Electricity for the coming years in the field of expansion of electricity production, transmission and distribution, and other infrastructure projects.

According to the statement, the Prime Minister appreciated the World Bank’s efforts in supporting Iraq, stressing the importance of private sector projects receiving the support of the Bank through the International Finance Corporation (IFC).

For his part, the head of the delegation expressed the World Bank’s readiness to stand with Iraq in its development renaissance in all fields, as well as its readiness to provide facilities in financing projects, including private sector projects. /Finished 2

https://ninanews.com/Website/News/Details?key=1197430

TIDBIT FROM MILITIAMAN, 14 APRIL

 Militia Man

  Article:  "Minister of Finance: Iraq seeks to deepen economic partnerships and finance priority projects" 

 Wow... This is a massive indicator that Iraq is going to balance her financial position with the region! This is about her integration into the global financial system.

 Iraq is going to utilize other countries financial experiences... The efforts are all for developing...priority projects! Likely to include 4 million housing units, industrial cities and major projects. 

They are not going to do this with 1310 IQD / 1 USD..  It is blatantly obvious now!

HERNAN BRAVO: 🔥🇮🇶 IRAQ JUST DROPPED TWO BOMBS — AND NO ONE IS PAYING ATT...