Prime Minister: The Government Has Succeeded In Confronting Various Internal And External Crises., 14 APRIL

 Prime Minister: The Government Has Succeeded In Confronting Various Internal And External Crises.

Local  Economy News – Baghdad  Prime Minister Mohammed Shia al-Sudani affirmed on Saturday that the government has successfully confronted various crises, both internal and external, and has shouldered its responsibilities despite the changes and events taking place in the region.

The Prime Minister's Media Office said in a statement, seen by Al-Eqtisad News, that "Prime Minister Mohammed Shia al-Sudani met in Erbil Governorate with the Prime Minister of the Kurdistan Regional Government, Masrour Barzani.

" The statement added that "a number of national files and issues were discussed (during the meeting), the most prominent regional and international developments, and the government's position on the crises facing the region. The importance of partnership and coordination in facing challenges and adopting a balanced policy based on cooperation and mutual interests with sisterly and friendly countries were also emphasized. "

Al-Sudani pointed out, according to the statement, that "the government has succeeded in confronting various crises, both internal and external, and has shouldered its responsibilities despite the changes and events taking place in the region," reiterating "the pursuit of developing the national economy and establishing stability across the country."

The statement continued, "The meeting also touched on the importance of working to find solutions to all common issues and removing all obstacles in accordance with the constitution and the law, in a manner that achieves justice and benefit for all Iraqis." https://economy-news.net/content.php?id=54372

PABY KING: Will the Iraqi dinar finally return to $3.23? Here is the proof! , 14 APRIL

Will the Iraqi dinar finally return to $3.23? Here is the proof! 

Highlights

Summary

In this engaging video, Paby King discusses the current state of the Iraqi dinar, emphasizing the nation’s collective wait for a significant financial change, particularly a new exchange rate. Mentioning the historical context of the dinar’s decline from its glory days when it was worth $3.23,

 the video emphasizes the struggles faced by the Iraqi people due to inflation and economic instability. Paby conveys a sense of hope amidst adversity, reflecting on recent meetings between Iraqi officials and foreign investors, which hint at imminent economic reforms. 

This optimistic outlook is rooted in the belief that Iraq is on the brink of a quiet revolution: a gradual but significant improvement in its currency’s value and overall economic conditions. As the nation collectively waits for these changes, Paby encourages viewers to remain patient and supportive of the process, fostering a spirit of resilience and unity.

• 🌧️ A Long Wait for Change: The video highlights the patience of Iraqis waiting for significant financial reforms that could lead to a more stable economy.
• 💔 Economic Struggles: It discusses the everyday financial battles faced by citizens, such as the rising costs of basic necessities like bread.
• 🌟 Signs of Hope: Paby mentions recent meetings with foreign investors, indicating increased confidence in Iraq’s economic future.
• ⚖️ The Call for Reform: The video underscores the urgency of implementing economic reforms and the positive changes underway in Iraq.
• 🌍 Global Perspective: The importance of Iraq positioning itself positively in the global financial landscape is emphasized.
• 💪 Resilience and Identity: The narrative focuses on the strength of the Iraqi people, not just their economic challenges but also their identity and aspirations.
• 🔄 Quiet Revolution: Paby categorizes the anticipated changes as a “quiet revolution,” stressing the gradual yet impactful transformation in Iraq’s financial landscape.

Key Insights

• 📈 Historical Context: The video lays bare the decline of the Iraqi dinar, once valued at approximately $3.23, illustrating the profound impact of wars and sanctions on its current value. This historical perspective informs viewers about the stakes of the present situation, highlighting the desire for a return to former economic stability.

• ⏳ Patience and Hope: Paby emphasizes the dual nature of waiting: while it is exhausting and often demoralizing, it breeds hope and resilience among the Iraqi people. The narrative reflects a larger psychological landscape where citizens cling to dreams of financial recovery, suggesting that patience can be rooted in belief and community.

• 🤝 Investor Confidence: The involvement of foreign investors and business leaders suggests a turning point for Iraq’s economy, showcasing its potential as a partner in the global market rather than as a recipient of aid. This shift could lead to increased job creation and sustainable economic development, marking a transition from isolation to active participation on the world stage.

• ⚙️ Infrastructure and Reform: The video touches on the tangible improvements underway in Iraq, including infrastructure development and legal reforms, suggesting that real change is not just a possibility but an active process. This serves as a clarion call to viewers that genuine economic recovery is within reach through deliberate and sustained efforts.

• 👥 Impact on Daily Lives: Paby connects economic policy to the everyday lives of ordinary Iraqis, making it clear that policy changes will directly affect not just wealth and status but fundamental quality of life issues like food security and family planning. This humanizes the statistics and jargon often associated with economic discussions.

• 🌊 Resilience as a Lifestyle: Highlighting Iraqis’ resistance to giving up, the video presents resilience not merely as a trait but as a defining aspect of their culture. This builds a narrative of strength and hope, showing that, instead of succumbing to despair, Iraqis are actively engaging with their challenges.

• 📣 The Role of Information: Paby encourages viewers to remain informed and involved rather than passive. By urging them to subscribe and share the video, he emphasizes the importance of community and solidarity in navigating the financial landscape, reinforcing that collective action can lead to significant change.

In conclusion, Paby King’s video paints a vivid picture of not just the current state of the Iraqi dinar and economy but also the emotional and social fabric of the nation. Through historical context, personal anecdotes, and a focus on resilience,

 the video invites viewers to hope for and actively participate in the coming economic transformation, positioning themselves as informed citizens ready to embrace change.

AMAR: VIETNAM IS DISCUSSING RATE CHANGE!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 

Customs Announces The Activities Of The Centers And Investigation And Anti-Smuggling Departments., 14 APRIL

 Customs Announces The Activities Of The Centers And Investigation And Anti-Smuggling Departments.

Money and Business  Economy News – Baghdad  The General Authority of Customs announced on Saturday the activities of customs centers and investigation and anti-smuggling departments.

The authority said in a statement, seen by Al-Eqtisad News, that "in implementation of the directives of the Director General of the General Authority of Customs, Thamer Qasim Daoud, and in continuation of the tireless efforts of the investigation and anti-smuggling departments and customs centers to control all goods entering the country, 

limit smuggling and tampering operations, and support the state treasury revenues and advance the Iraqi economy, and within the applicable instructions and controls, the customs departments and centers were able to seize a group of violating goods."

She explained that “the Investigation and Anti-Smuggling Department in the Central Region Customs Directorate seized, in several separate operations, (11) trucks loaded with (carpet, cardboard, silicone, plastic granules, cigarettes, motorcycles and spare parts, hair shampoo, chicken breast), while the Investigation and Anti-Smuggling Department in the Northern Region Customs Directorate was able to seize (4) trucks loaded with (household materials, accessories, iron, milk, motorcycles and spare parts),” noting that “the Umm Qasr Middle Customs Center seized (3) 40-foot containers loaded with (15) Toyota Crown type wheels without the model permitted to be imported.”

She added that "the Arar Border Customs Center seized the owner of a Tahoe tourist vehicle bearing Dubai license plates, who was attempting to leave for Saudi Arabia without paying the late fees due on the vehicle."

 She noted that "these efforts come through cooperation with supporting government agencies within the framework of the relentless pursuit to enhance economic security and protect society from the risks associated with illegal shipments, in addition to supporting the national economy and adhering to the applicable customs regulations and laws."   https://economy-news.net/content.php?id=54374

TIDBIT FROM SAMSON, 14 APRIL

 Samson 

 Article 1:  "White House: Talks with Iran were very positive and constructive" 

 Article 2:  "Behind closed doors in Muscat, Iran and the US are moving toward a nuclear settlement with a win-win tactic."

Article: "Iraq on the verge of farewell to the rentier economy:  Calls to invest its wealth and expand non-oil revenues"

 Quote: "The Iraqi National Current movement affirmed on Tuesday that zero hour is approaching to end the country's sole reliance on oil."

EXCERPTS FORM MARKZ: I am still guessing THE DONG WILL BE at the $2-$2.25 range @DINARREVALUATION

 

Iranian Oil Minister to visit Baghdad for energy pact signing, 14 APRIL

Iranian Oil Minister to visit Baghdad for energy pact signing

 Iranian Oil Minister Mohsen Paknejad is set to head to Baghdad in the coming days for high-stakes talks aimed at deepening energy cooperation between Iran and Iraq.

 

According to IRNA, Paknejad’s visit comes at the invitation of his Iraqi counterpart, Hayan Abdul Ghani, and is expected to sign memoranda of understanding in the energy sector during his visit.

“There are good relations and interactions with Iraq in various fields, and this cooperation is particularly ongoing in the oil industry and the implementation of joint oil projects,” the Iranian minister added .

In 2023, Abdul Ghani revealed that Iranian oil tankers detained by US forces in the Gulf had used forged Iraqi documents.

Baghdad and Tehran signed an agreement in 2017 to swap Iranian gas for Iraqi crude oil. However, both countries are currently facing challenges due to the suspension of a US waiver that had allowed Iraq to purchase Iranian gas to support its electricity sector.

Iraq and Iran share five oil fields along their 1,458-kilometer-long common border, most of which are located in the south, near Iran’s oil-rich Ahvaz region, according to Iraqi official estimates.

The jointly operated fields include Majnoon, Abu Gharb, Buzurgan, Fakka, and Naft Khana. Iraqi data estimates the combined reserves of these cross-border fields at more than 95 billion barrels.