Sunday, October 20, 2024

BANK STORY: "IRAQI DINAR WILL NOT KEEP THAT LOW VALUE LONG" BY MARKZ, 20 OCT

 MarkZ  

 Bank Story

   “Spoke to the teller at my Chase bank this morning in Arizona. I asked if this branch would be a RV center….He didn’t know what I meant so I told him about the dinar.

 He said he was from Iraq and still has family there.

 He told me that Iraq was in a Renaissance and is a very prosperous nation.

 He also confirmed Iraq has gone to a new digital banking system.“ 

 Iraq dinar will not keep that low value long.

MILITIAMAN: THE PROGRESS IN ECONOMIC REFORMS FOR BOOST THE VALUE OF THE IQD @DINARREVALUATION

Al-Sudani: We Will Reach A Production Stage Exceeding 80% In Three Years, 20 OCT

 Al-Sudani: We Will Reach A Production Stage Exceeding 80% In Three Years

Local | 03:05 - 10/19/2024  Mawazine News – Baghdad  Prime Minister Mohammed Shia al-Sudani announced today, Saturday, the production of 25% of Iraq's need for antibiotics, stressing that a pharmaceutical production stage exceeding 80% will be reached within three years.

His office stated, in a statement received by "Mawazine News", that "al-Sudani opened, today, two factories for antibiotics (cephalosporins) and immunosuppressive drugs, which are private sector projects, within the program to localize pharmaceutical industries in Iraq, which the government has adopted as a priority in its program."

Al-Sudani was briefed on "the stages of work in the factory, which has adopted the most advanced global technological origins, represented by the Italian company (EMA), which specializes in pharmaceutical industries, and met with the working cadres from various scientific specialties, in addition to reviewing the stages of implementing a new factory for cancer treatment drugs at a cost of (60) million dollars, which is planned to be completed in the coming months."

He pointed out that "this factory was established in light of the government's decisions taken since the beginning of its work," stressing that "the goal of localizing the pharmaceutical industry was among the priorities of the work, and was accompanied by providing facilities to private sector drug producers, in the field of issuing loans and sovereign guarantees to establish pharmaceutical projects.

" Al-Sudani noted that "the products of this factory of antibiotics will cover about (25%) of the country's need, which is important to achieve self-sufficiency," stressing "work to achieve drug security, as it is not permissible to accept that local pharmaceutical products cover 10% of the original drug market, which is worth more than (3) billion dollars."

He explained that "contracts for establishing pharmaceutical projects have increased under the current government by more than 60%, which is a positive indicator for reaching a production stage exceeding 80% during the next three years, especially for life-saving drugs and cancer patients' drugs, which are expensive and difficult to secure on a permanent basis," stressing "work to establish the pharmaceutical industrial city."

Cephalosporins are life-saving antibiotics, and they will be produced in all their pharmaceutical forms up to the fourth generation, which include suspensions with a capacity of (12) million vials annually, capsules with a capacity of (450) million capsules annually, tablets with a capacity of (600) million tablets annually, and intramuscular and intravenous injections (vials) with a capacity of (40) million injections annually.   https://www.mawazin.net/Details.aspx?jimare=256064

"PAYMENTS ARE BEING RECEIVED" BY JENTEL , 20 OCT

 JENTEL RV UPDATE 

RV NEWS-
AA Uriel

 Payments are being received. They started
yesterday in other countries.

 To meet today's requirements, confirmations of received payments must come from all platforms. 

Confirmations from the bank to the Treasury to avoid delays in notifications. One day of grace. Iraq has confirmed the payment days (?). -He then put his finger on his lips as if to tell me not to ask any more questions about it.

UPCOMING NEWS-

-Accidents are coming. There will be a plan to handle them.

Caravans are coming.

https://t.me/mhc70

SPANISH TRANSLATION: 

NOTICIAS RV-

AA Uriel


 Los pagos se están recibiendo. Comenzaron

ayer en otros países.


  Para cumplir con los requisitos de hoy, las confirmaciones de los pagos recibidos deben llegar desde todas las plataformas. 


Confirmaciones del banco al Tesoro para evitar demoras en las notificaciones. Un día de gracia. Irak ha confirmado los días de pago (?). -Entonces se puso el dedo en los labios como para decirme que no hiciera más preguntas al respecto.


PRÓXIMAS NOTICIAS-


-Se avecinan accidentes. Habrá un plan para manejarlos.

Se avecinan caravanas.

https://t.me/mhc70

Dinar Revaluation Update: Payments Confirmed! BY JENTEL@DINARREVALUATION

Minister of Finance participates in the activities of the Arab-Turkish Economic Forum in Istanbul, 20 OCT

 Minister of Finance participates in the activities of the Arab-Turkish Economic Forum in Istanbul

Minister of Finance Taif Sami participated today, Saturday, in the activities of the Arab-Turkish Economic Forum in its fifteenth session currently taking place in Istanbul.

The ministry said in a statement received by the Iraqi News Agency (INA): "Minister of Finance Taif Sami participated in the activities of the Arab-Turkish Economic Forum in its fifteenth session currently taking place in Istanbul, in the presence of an elite group of government officials, businessmen and investors from Arab countries and Turkey, and Arab finance ministers."

The statement added, "This year's forum focused on enhancing economic and investment cooperation between Arab countries and Turkey, highlighting investment opportunities in areas such as energy, infrastructure, manufacturing and technology."

The statement continued, "The Minister of Finance delivered a speech during the session, in which she stressed the importance of the economic partnership between Arab countries and Turkey in supporting economic growth and enhancing financial stability in the region."

Sami said in her speech on the occasion - according to the statement: "This forum represents a real opportunity to exchange experiences and build long-term strategic partnerships between Arab countries and Turkey, especially in light of the current global economic challenges. She also called for enhancing joint investments and increasing the volume of trade exchange between the two sides."

She pointed out the importance of "completing the construction of the global trade corridor and taking advantage of Turkey's strategic location and the Arab region as a bridge linking major global markets in Asia, Europe and Africa, and facilitating trade movement efficiently to expand investment and energy corridors. "

She added that "Iraq is currently working - in cooperation with the World Bank - to establish and rehabilitate railways; for the purpose of establishing the development road project, and its strategic importance in linking Asia with Europe, in addition to its economic and development returns for the two countries and regional countries."

The statement concluded, "The Minister of Finance held a series of bilateral meetings with a number of Turkish officials and their counterparts from Arab countries; to discuss ways to enhance financial and investment cooperation and discuss issues of common interest."  link

TIDBIT FROM FRANK26: " I DON'T HAVE MY RECEIPT" , 20 OCT

 Frank26 

  Many people pose the question, I don't have my receipt.  If I'm ever audited what am I going to do?  If I don't have my receipt I'm going to be in the 40% [tax bracket]. I don't want to pay that much taxes. 

 What do I do?  Did you write a check? 

 Your canceled check is your receipt. 

 Did you use a credit card? 

 You bank statement from your credit card is your receipt...

TIDBIT FROM FRANK26, 13 NOV

  Frank26  The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it.     It's is my hope.  It ...