Thursday, April 24, 2025
UrgentRevealing the agenda of the Arab summit in Baghdad.. “Historic Declaration”
UrgentRevealing the agenda of the Arab summit in Baghdad.. “Historic Declaration”
A high-level Iraqi diplomacy revelation, the agenda of the Arab summit scheduled for the capital Baghdad in the middle of next month.
The Iraqi Ambassador to Egypt, Qahtan Al-Janabi, said in a press statement that “the most important of these items that will be discussed are an item on the Arab summit to be held in Baghdad in the middle of next month, and the preparations established by the Iraqi government to receive Arab leaders.” He pointed out that “Iraq is fully prepared to receive the delegations participating in the regular and developmental summits. “
Al-Janabi added that the work of the summit will start on the 12th of next month with a meeting of senior officials in the Arab Economic and Social Council, and the meeting of Arab ministers of trade and economy will be the next day, after which a meeting of permanent representatives will be held, then the Arab foreign ministers, and a day will be allocated to receive Arab leaders, so that they will meet on May 17 in Baghdad, to approve the items of the summit, with speeches to all Arab countries, and then the Baghdad Declaration will be historic in the harsh circumstances of our Arab homeland.
The agenda of the current session includes several main items, including a number of political, economic, social, legal, financial and administrative issues, most notably the item of joint Arab action, and includes the report of the Secretary-General of the League of Arab States between the sessions (162) and (163), and the draft agenda of the ordinary Arab Summit at its 34th session, to be held in Baghdad on the 17th of next month.
The draft agenda also includes an item on the Palestinian issue and the Arab-Israeli conflict. This item includes several headings, including following up on political developments of the Palestinian cause and the Arab-Israeli conflict, activating the Arab Peace Initiative, Israeli developments and violations in the occupied city of Jerusalem, supporting the budget of the State of Palestine and the steadfastness of the Palestinian people, Arab water security and the theft of water by Israel in the occupied Arab territories, and the occupied Syrian Arab Golan.
The meeting also discusses a number of permanent items related to Arab affairs and national security, including developments in Libya, Yemen, Sudan and Somalia, solidarity with Lebanon and developments in Syria
https://alforatnews.iq/news/الكشف-عن-جدول-اعمال-القمة-العربية-في-بغداد-وإعلان-تاريخي
STATUS OF THE RV , PART. 2 BY MNT GOAT
STATUS OF THE RV , PART. 2
😊Another article got my attention today too. It is titled “SPEAKER OF THE ARAB PARLIAMENT TO AL-SUDANI: BAGHDAD IN REALITY IS COMPLETELY DIFFERENT FROM THE MISLEADING MEDIA IMAGE.” Prime Minister Mohammed Shia al-Sudani received Arab Parliament Speaker Mohammed al-Yamahi on Sunday.
The speaker emphasized that the reality of Baghdad differs sharply from the “misleading and negative images” portrayed by some media outlets. I have been telling everyone your perception of Iraq today may be stuck on one from thirty years ago.
As investors we have to rise to the occasion and see reality. Iraq has changed so much in just the last couple years. If this progress continues all the prophecies about Iraq are going to come to fruition.
I am looking forward to bringing the rest of all the news and articles to you shortly… bla.. bla… bla…
There are many more smiles coming…. Let’s all show our appreciation for the countless hours I put into this Newsletter to try to keep you updated on the progress of the reforms, telling the TRUTH about REALITY and how it all comes together to impact the next step, which is the reinstatement back to FOREX.
International Monetary (IMF) expects a decline in Iraq’s inflation index
International Monetary (IMF) expects a decline in Iraq’s inflation index
Shafaq News / The International Monetary Fund predicted in a report issued in April of this year the inflation index for Arab countries, indicating that Iraq will have a slight decrease in the inflation index in 2025.
According to the data seen by Shafaq News Agency, “the annual inflation index in Iraq recorded 2.6% in 2024 compared to what was recorded in 2023 of 4.4% and in 2022, which recorded 5%.”
The IMF expected that “the inflation index in Iraq will decrease slightly in 2025 to reach 2.5%, and the inflation index will rise in 2026 to 2.7% to reach 3% in 2030.”
According to the data, “Bahrain is expected to witness the lowest inflation among the Arab countries in 2025 to reach 1%, while the highest inflation will be from Sudan’s share at 100%.”
https://www.shafaq.com/ar/اقتصـاد/النقد-الدولي-يتوقع-انخفاض-م-شر-التضخم-في-العراق
STATUS OF THE RV , PART. 1 BY MNT GOAT
STATUS OF THE RV
I wish everyone enjoyed a Holy and Happy Easter week, Resurrection Sunday and the season that will follow.
No! The RV did not yet happen. The IQD is not yet trading on FOREX and certainly there were no banker’s meeting with Trump at Mara Largo to announce an RV. Yes, these are the stupid rumors once again this week. I guess the idiots will always be with us.
Now it’s time to get down to business with the Iraqi dinar revaluation status once again. I wanted to summarize where we are now with this reinstatement. I have quite a few juicy articles about the economy and the dinar to share. One article in particular gives us some insight as to why we have not yet seen the announcement of Iraq’s full accession to the World Trade Organization (WTO).
😊The article is titled “AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.” During his participation in the specialized workshop held by the Ministry of Trade to discuss Iraq’s accession to the World Trade Organization, Samir Al-Nusairi, Economic and Banking Advisor, emphasized the role of the banking sector in contributing to accelerating Iraq’s accession to the organization and the important role of the financial and banking sector in it.
He pointed to the measures achieved in 2023 and 2024 by the Central Bank in cooperation with the government, mainly regarding the regulation of foreign trade financing, the electronic platform, and direct work between banks and international correspondent banks, based on the approved reform and development methodology, official data, and monetary policy indicators for 2024 and the plan for 2025 and 2026, in cooperation with international consulting companies specialized in this field, and compliance with financial globalization and international standards adopted by WTO member states.
Yes, what is holding it up? Remember the WTO did already tell us Iraq has met all the requirements. They told us this over a year ago. Does Iraq need a globally traded currency for “full accession”?
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