The Prime Minister Affirms The Continuation Of Cooperation Between The Iraqi Government And The Specialized Agencies Of The United Nations., 16 APRIL

 The Prime Minister Affirms The Continuation Of Cooperation Between The Iraqi Government And The Specialized Agencies Of The United Nations.

Prime Minister Mohammed Shia al-Sudani affirmed on Monday the continuation of cooperation between the Iraqi government and the specialized agencies of the United Nations.

The Prime Minister's media office stated in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mohammed Shia al-Sudani received the Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed al-Hassan, and during the meeting, the path of cooperation with the United Nations and the procedures for ending the work of the international mission operating in Iraq were reviewed."

During the meeting, the Prime Minister praised "the significant and important role played by the UN mission in assisting Iraq over the past two decades," stressing "the continuation of cooperation between the Iraqi government and the specialized agencies of the United Nations, particularly in the areas of administrative reform and climate change."

He pointed out that "the region needs cooperation and coordination among its various countries to achieve common security," reiterating "Iraq's support for the ongoing dialogue between the United States of America and the Islamic Republic of Iran."

For his part, the Special Representative of the Secretary-General of the United Nations affirmed, according to the statement, "the international organization's readiness to support Iraq's vision regarding the challenges facing the region."

 

TIDBIT FROM FRANK26, 16 APRIL

 Frank26 

  Everything we have seen is plowing the fields to bring forth a new exchange rate IMO, a new exchange rate with purchasing power for the Iraqi citizens.  

Unfortunately there's a lot of noise around the monetary reform process right now, or should I say progress and that noise starts with Iran. But the security and stability that has been missing while they stole your money, Iraq's future, is now established in your country.

  You see the evidence of it every day.  That's why you [Iraq citizens] are being taught the monetary reform literacy.  That's why the whole world is pouring in, because they feel safe now.

MARKZ: 4 CONFIRMATIONS: they are telling me now to prepare for new rates!! ‪@DINARREVALUATION‬

 

US Congress Delegation visits Iraqi PM, 16 APRIL

 US Congress Delegation visits Iraqi PM

Iraqi Prime Minister Mohammed S. Al-Sudani welcomed a delegation from the U.S. Congress on Sunday to discuss strengthening bilateral relations and advancing cooperation across various sectors. The meeting included U.S. Representatives Michael Baumgartner (R), Adam Smith (D), George Whitesides (D), Wesley Bell (D), and Sara Jacobs (D).

Prime Minister Al-Sudani reiterated Iraq's commitment to its strategic relationship with the United States, emphasizing mutual benefits for both nations. He also highlighted Iraq's support for regional de-escalation efforts, aiming for stability through dialogue.

The U.S. delegation praised Iraq's progress in development and reconstruction, acknowledging the Iraqi government's efforts in various sectors. Both sides reaffirmed their commitment to further collaboration, with upcoming milestones including Iraq's legislative elections.

(Source: PMO)

TIDBIT FROM MNT GOAT, 16 APRIL

  Mnt Goat 

 ...there are still a number of troublesome issues with the left-over Iranian militias. This is still at the root of the problem in Iraq... I am not throwing away all this progress we have seen over these last two years ...things are moving quickly now..

 ...remember that the “Development Road Project” is still underway and the  initial funding for the first “Economic City” was provided...

This is what is going to bring the economic boom. Iraq has also opened up to the strong possibility that their future revenues cannot rely solely on oil. 
 

GOLDILOCKS: Banks Preparing For New Currency Exchanges - ALL Test Comple...

Iraq: over $2B in annual returns from foreign reserves investments, 16 APRIL

 Iraq: over $2B in annual returns from foreign reserves investments

Shafaq News/ Iraq is reaping at least $2 billion annually from investments of its foreign currency reserves, a top financial adviser to the prime minister said on Tuesday.

“These investments are often short-term and directed toward US, European, or British treasury bonds to generate suitable returns,” said Mudher Mohammed Saleh in an interview with Shafaq News, noting that the investment portfolio prioritizes safety and liquidity, allowing assets to be swiftly converted into cash without incurring losses.

“The returns are appropriate and the risk level is low.”

Saleh explained to that the earnings from the reserves are categorized into two types: realized income, such as direct interest, and unrealized gains derived from portfolio diversification and potential profits from currency and gold exchange rate fluctuations.

Iraq’s central bank recently reported that its foreign reserves declined by 10.18% in 2024 to 130.81 trillion dinars ($87.6B) from 145.64 trillion dinars ($97.6B) in the same period of 2023.