Friday, April 18, 2025
Reconstruction: World Bank financing of projects will create jobs and support the private sector, 18 APRIL
Reconstruction: World Bank financing of projects will create jobs and support the private sector
The Ministry of Construction and Housing confirmed on Thursday that the World Bank's facilities will contribute to improving public services in remote and deprived areas, while explaining that the World Bank's financing of projects will create job opportunities and support the private sector.
“The World Bank’s provision of project financing facilities will contribute to expanding the scope of reconstruction with infrastructure services, such as the construction and rehabilitation of water purification plants and sewage treatment plants, as well as road projects, especially in areas that have not been previously implemented and that need these services,” said ministry spokesman Nabil Al-Saffar in an interview followed by “Al-Eqtisad News.” He pointed out that “they contribute to improving public services, especially in remote and deprived areas or those affected by wars and terrorist operations.”
He added, "These projects contribute to creating job opportunities and supporting the private sector by providing financing and supporting economic reforms in the country." He noted that "an agreement was previously concluded between the Iraqi government and the World Bank for Reconstruction and Development in 2015 to reconstruct areas affected by terrorist operations."
He explained that, "according to this agreement, 20 projects were completed, distributed among 20 districts and sub-districts within three governorates (Salah al-Din, Diyala, and Anbar), including the rehabilitation of water and sewage stations, with the number of beneficiaries reaching approximately 3 million people, in addition to a number of projects to equip specialized equipment for the municipal, water, and sewage sectors." link
STATUS OF TIER 4B GROUP RV APPOINTMENTS, 18 APRIL
Tier4b didn’t go today because three states Maryland, California, Mass and some Asian countries had banks that didn’t want to comply and get into the QFS system.
If the banks don’t comply by tomorrow they will be sold.
Today President Trump had a closed meeting with Tier 1 Banks at Mar a Largo.
He told them the Iraqi Dinar has revalued in Iraq at an international rate at a little over $6. It will trade up, plus have a Contract Rate. The banks are ready for us.
The Dinar went live today and will be exchanged within 48 hours.
There are 5 crypto coins that are gold backed.
Tier4b (us, the Internet Group) could get notified tomorrow or Thursday.
DOGE payments will also start this week.
The R&R will be in accounts at the Redemption Centers.
Iraqi government banks suspend loans and advances
Iraqi government banks suspend loans and advances
An informed source stated on Thursday that some government banks, including Rafidain Bank, have suspended granting loans and financial advances to citizens.
The source told Shafaq News Agency, "Some government banks, particularly Rafidain Bank, have stopped granting loans and advances so far, despite the passage of five months of the current fiscal year. Others have issued loans and advances, but on a very limited basis."
He added, "The main reason behind banks' failure to perform their credit role, including granting loans and advances, is the lack of financial allocations."
The source also pointed out that "many citizens have called on Parliament, the Finance Committee, and the government to intervene to release loans, advances, construction loans, and home purchase loans. "
Both Rafidain and Rashid Banks provided loans and advances to employees and citizens for various purposes, such as construction, land purchases, car purchases, and other purposes, at a specific interest rate and for a predetermined period. link
REINALDO JC: IRAQ UPDATE, 18 APRIL
REINALDO JC
IRAQ
Patti Cake-Kabuki Theater
Continues..
They’ve been stating the same shit since Jan/Feb regarding exporting Kurdistan Oil. They are stalling/excuses & cannot resume that process yet.
WHY?
Because EVERYONE in Iraq & Investors around the world is WAITING on Trump {The Executor} to authorize through the U.S Treasury give the Central Bank of Iraq (CBI) the green light to finally release the NEW DINAR RATE!!! (& HCL approved!!!)
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