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Official: The issue of Iraq’s accession to the World Trade Organization is coming soon EconomyIraqWTOPursuitJoin 2024-03-05 02:37 Share Font Shafaq News/ Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer. This came during his hosting of a discussion session on the sidelines of the seventh session of the activities of the third day of the Al-Rafidain Forum 2024 - Baghdad, under the title “Humanizing the Global Economy.” Al-Jabri said during the hosting that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade and economics. He stressed that "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon." The Iraqi government official spoke about the issue of import and export, saying: There is no trade balance between exported and imported materials, as the monetary mass was going to other countries, and this is what the current government seeks to address by relying on self-sufficiency. At the beginning of 2024, the Kingdom of Saudi Arabia announced its support for Iraq’s accession to the World Trade Organization, especially after the political obstacles that prevented it were removed. https://www.shafaq.com/ar/اقتصـاد/مس-ول-موضوع-انضمام-العراق-الى-منظمة-التجارة-العالمية-بات-قريبا

Official: The issue of Iraq’s accession to the World Trade Organization is coming soon EconomyIraqWTOPursuitJoin 2024-03-05 // 00:37 Shafaq News / Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer. This came during his hosting of a discussion session on the sidelines of the seventh session of the activities of the third day of the Al-Rafidain Forum 2024 - Baghdad, under the title “Humanizing the Global Economy.” Al-Jabri said during the hosting that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade and economics. He stressed that "Iraq is seeking to enter the World Trade Organization, and the issue is coming soon." The Iraqi government official spoke about the issue of import and export, saying: There is no trade balance between exported and imported materials, as the monetary mass was going to other countries, and this is what the current government seeks to address by relying on self-sufficiency. At the beginning of 2024, the Kingdom of Saudi Arabia announced its support for Iraq’s accession to the World Trade Organization, especially after the political obstacles that prevented it were removed. https://www.shafaq.com/ar/اقتصـاد/مس-ول-موضوع-انضمام-العراق-الى-منظمة-التجارة-العالمية-بات-قريبا

“Iraqi society prefers to rely on cash in daily transactions” Go delete of 000 Go Lower Denomination notes Go Stronger Dinar Go Purchasing power

Do you not think we're ALL waiting. Hell, I'm 20 +years amongst others. I've went through 2 back surgeries prepping for my 3rd and this will be major. I am a plasma sprayer (spray metal on parts like a weld) at Standard Aero world wide. I've refurbished jet engines like the one in Germany for Luthansia amongst GE, Prat -Whitney, Rolls-Royce and etc...Just so they could set and wait on Iraq to get their **** together. We've lost several on this journey. And have made several friends along the way. Some have horrible and serious health issues. My step father passed and didn't get to see this even. So being grumpy and just debt free is a cake walk to some of us.

Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer Go Iraq Go WTO Go Open market economy Go trade Go economic growth Go Stronger dinar

the “”Iraqi President, Engineer Muhammad Shiaa Al-Sudani””, he uttered a very important phrase (keep the dinar). Today, through my humble vision, I bear witness that the “”Iraqi dinar will return to its lofty economic value”” Go Stronger Dinar 👊🏼💵

Ya trying going through all this 20 years and married at same time joking I like my wife love my dog

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man The Central Bank of Iraq just told Iraq that you guys can use dinar to buy multi-currencies. To do what? Clearing and settlement in the system with accurate and facial data. Those two things right here are solidifying that there's something happening... Pimpy Article: "Central Bank announces the increase in the volume of foreign reserves from 140 to 148 trillion dinars" That's perfect because...the more reserves you have the easier it is to protect your exchange rate. MarkZ I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right.It would be great if this were true, but we've heard this so many times before from Mark.

At $.10 your million IQD that you paid $1000-$1200 for is worth $100,000 - that's 99 times what you paid for it, in profit. How much abuse is that...?? LOL

This is EPIC ridiculousness !!! They never tire of this broken record narrative. Bless us for our intentions because our actions in follow through are downright pathetic. Survive to 2025. With Ramadan beginning 10 March thru 9 April: clocks ticking. They're not launching the IQD during that timeframe. So long 1st Quarter, better luck next year. Prove me wrong Iraq, please prove me wrong.

I have to agree with you. They're very quiet right now & I don't feel like it's a bad thing. If they were denied accession it would have come out by now.

As far as I know, the dinars outside of Iraq will be collected by the treasuries, and held. They will not go back to Iraq right away if ever. When we turn them in here in the USA, we will get our money deposited right to our account, after they verify them. Then, after that, they will be sent to the US Treasury, so there would be no reason for Iraq to open banks around the world to collect dinars. All they have to do is revalue the currency, and "poof", the old dinars disappear!

Couldn't have said it better. I have come to the conclusion there is either an inability to understand... just doesn't wish to understand or is plain stupid. Some comments remind me of the scarecrow in the wizard of oz

They are "cooking" something..

They can't come out and say they're members. It will all fall like dominos. JMHO

I made the mistake and was married for 5 years...too many. Never again, he was a functioning alcoholic...LOL Went to work just to buy alcohol. I love my dogs too!!!

Yes I do, he has made improvements that no one else has so far. IF you have DOUBT... SELL out. You flip flop on day to day basis; when reading from the news side or rumors section. Instead always being negative and etc... read more of the news section; or at least try to be funny

What are the real reasons behind the government's delay in sending the 2024 budget schedules? Posted 14 seconds ago What are the real reasons behind the government's delay in sending the 2024 budget tables? - Iraq News (iraqakhbar-com.translate.goog) News source /Noon Agency With the mounting criticism and calls to speed up sending the current year's budget to Parliament, ambiguity still surrounds the government's delay in sending the budget schedules, despite Finance Minister Taif Sami's pledge to complete the schedules and send them soon to the Council for approval. After demanding Parliamentary Finance, yesterday, Monday, to reveal the reasons for the delay behind the government's failure to send the budget schedules, Deputy Chairman of the Parliamentary Planning Committee, Muhammad Al-Baldawi, revealed today, Tuesday, the real reasons behind the delay in the government sending amendments to the current year's budget schedules to the House of Representatives for the purpose of approval. Al-Baldawi said, "The delay in sending amendments to the 2024 budget schedules to Parliament is due to several reasons, including the ministries not completing their plans regarding the lagging projects, as the government is working to close this file, as well as the difference in prices and currency values," according to Al-Alam Al-Jadeed newspaper. He added, "Among those reasons relates to the schedules and amounts allocated to the Kurdistan region of Iraq, especially after the recent decisions issued by the Federal Court that obligated the government to do so," noting that "most of these reasons and obstacles have been overcome by the government and will be sent to Parliament very soon." Members of the House of Representatives criticized the government's delay in sending the revised 2024 budget tables for study and approval, despite the facilities it enjoys as part of a three-year "tripartite budget" that only needs some amendments in the numbers of the exchange and revenue sections, adding that violating the legal timings regarding the "budget" and even others has become a "custom" in the country. Jamal Kojar, a member of the parliamentary finance committee, confirmed on January 2 that the 2024 budget will witness changes in its operational and investment aspects, indicating that many changes will be made in it and it will be something different in terms of resources, oil price estimates and exchanges. The exchange rates of the dollar in the local market have fluctuated greatly during the past months, as they suddenly fell to 148 thousand dinars per 100 dollars, and quickly rose again to 160 thousand dinars, and then continued to fluctuate until today, reaching 151 thousand. dinars per 100 dollars, after its price nearly two weeks ago was about 153 thousand dinars. From time to time, the Iraqi market is witnessing a crisis that leads to a rise in prices, which began with the change in the exchange rate of the dollar, and then the Russian-Ukrainian crisis, and the rise of the dollar again during the current year to record levels. It is noteworthy that the draft budget law for the current year, worth 197 trillion and 828 billion dinars (about 152.2 billion dollars), with a total deficit of 63 trillion dinars (48.3 billion dollars), while in the budget for the next two years The numbers will change, according to events at the time. The dollar exchange rate in the budget amounted to 1,300 dinars per dollar, and the budget was based on an oil price of $70 per barrel and expectations of exporting 3.5 million barrels of oil per day, including 400,000 barrels per day from the Kurdistan region. The three-year budget version included many articles on external borrowing, including continuing to borrow according to previous agreements, as well as new borrowing from international institutions and various governments, and some borrowing amounted to more than $3,000 billion. It is noteworthy that this tripartite budget, as a result of the value of very high salaries, due to the new appointments, led to a significant reduction in the budget investment, and according to economists that this will force the state to borrow.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 IQD on Forex is on the private side. [Found by Forex Girl] 1. www.Forexlive.com 2. Click Live Charts. This is free but there is a private side. We can at least get a little example. 3. Click EURUSD in the top left of the chart. 4. Delete EURUSD in the top left box and type in USD/IQD. Wow! Oh, my goodness...The Iraqi dinar is going through a phase where it's being traded internationally on a private side of Forex. It is live. In December it was trading about $2.40 to $2.50. In January it was trading at about $2.60. Last month it was about $2.63 or so. Sunday it was $2.70...IMO this is a trend that is going towards the reinstate phase of the Monetary reform to reach the $3.22 that it was. Pimpy I'm sure you've heard the great news by now, the IQD is on the "private side" of the Forex...This sounds like some great news don't you think? ...I'm grateful to do all the research for you so you don't have to...There is no "private side" of Forex. None. The Forex is open to all participants who have access to the necessary trading platforms and infrastructure...There is no "private side" of the Forex... Deepwoodz [Response to Frank's post above] The listing USD/IQD = 2.81 would mean $1 = 2.81 dinar. Not the other way around. Even if this is true, definitely an improvement worthy of praise. If you want to see the value of the dinar, simply list it the other direction. i.e….IQD/USD. Which equals .355. 1 dinar =0.35$ [NOTE: To see the dinar at different possible rates use a Dinar calculator.] NOTE: www.Forexlive.com is NOT a FOREX site. It's a site contrived by someone to present false (Hopeful) information. RON

Here's some articles of Dinarian interests... Sudanese Advisor justifies, addresses ER. Yasiri declares US Enemy Of Iraq. Treat as rumors. Not verified. Your opine. Here's some articles of Dinarian intersts.FROM OTHER SOURCES: The Sudanese Advisor Details Iraq's Financial Situation & Addresses Exchange Rates. ARTICLE: The PM’s Advisor for Financial & Economic Affairs, Mazhar Muhammad Salih, stated the real growth rate in Iraq’s non-oil gross domestic product, while referring to Iraq’s financial situation. Saleh said, in an interview followed by “Al-Iqtisad News,” that “the basis comes from the strength of the foreign asset reserves that Iraq possesses, which exceed 100 billion Dollars & they are the cover of the national currency, which means that there is complete coverage of the national currency issued in foreign currency, which provides "Ideal stability for the Iraqi Dinar ER, in addition to the fact that these foreign reserves embody Iraq's commercial efficiency, as these reserves cover more than 15 commercial months, while the global standard is only three months." He added, "We must not forget that the surplus in the current account of the balance of payments relative to the gross domestic product also did not fall below (positive 8%), which is a high indicator that reflects the strength of the external sector in the national economy, that is, its stability & growth." He pointed out that "the real growth rate in Iraq's non-oil gross domestic product has touched (6%) & it expresses the growing activities of important sectors, most notably the reconstruction, construction & housing movement & the development of the transport & digital communications sector & there is a continuing movement in developing the agricultural sector thanks to government support for crops. " We expect Iraq’s grain production in the next few months to reach 6 million tons.” FROM OTHER SOURCES: Experts: We Are Optimistic About The Country's Financial Situation. ARTICLE: Huda Al-Azzawi Specialists in financial & economic affairs expressed their optimism about the future outlook for the country’s financial situation & while they saw that PM Muhammad Shiaa Al-Sudani’s statement regarding this aspect and the overall economic file is correct & consistent with reality, they called for the continuation of steps to leave the unilateral rentier economy to a productive economy. Advisor to the PM for Financial and Economic Affairs, Dr. Mazhar Muhammad Salih, said in an interview with “Al-Sabah”: The basis comes from the strength of the foreign asset reserves that Iraq possesses, which exceeded 100 billion Dollars, which is the cover of the national currency, which means that there is complete coverage of cash. The national export in foreign currency, which provides ideal stability for the exchange rate of the Iraqi Dinar, in addition to the fact that these foreign reserves embody the commercial efficiency of Iraq, as these reserves cover more than 15 commercial months, while the international standard is only three months. He added, “We must not forget that the surplus in the current account of the balance of payments relative to the gross domestic product also did not fall below (positive 8 percent), which is a high indicator that reflects the strength of the external sector in the national economy, that is, its stability and growth.” He pointed out that “the real growth rate in Iraq’s non-oil gross domestic product has touched (6 percent) and it reflects the growth of the activities of important sectors, most notably the reconstruction, construction & housing movement & the development of the transport and digital communications sector & there is a continuing movement in developing the agricultural sector thanks to government support for crops.” “We expect Iraq’s grain production in the next few months to reach 6 million tons.” He stressed, “There is a serious trend towards developing the manufacturing sector, whether on the part of the private or public sector itself, in accordance with recent encouraging ministerial decisions in the field of reducing customs tariffs & protecting the national product or in the inputs of the industry itself, especially in providing electricity or fuel for industrial purposes at competitive prices.” Supported. FROM OTHER SOURCES: Through The Dollar Bill: Washington Continues To Tighten The Noose On The Sudanese Government. ARTICLE: The political & security analyst, Muhammad Al-Yasiri, today, Monday, accused the American administration of continuing its hostile policy towards Iraq. Al-Yasiri said in an interview with a news agency, “The American policy of hostility against Iraq depends on two things. The first is tightening the stranglehold on the flow of Dollars to the CBI & reducing cash liquidity, as well as the terrorist ISIS card.” He pointed out that "the American administration is working hard to restrict the Iraqi government and discourage it from demanding the removal of its occupying forces from the country," adding, "Whoever says that America is a friend of the Iraqi people is subject to the policy of collusion & treason." Al-Yasiri continued, "The American restrictions on Iraq regarding the Dollar clearly confirm the lie of the so-called friendship of the US with Iraq." He pointed out that "the American administration always resorts to punishing Iraq by establishing solid institutions under the control of the Iraqi state." The UST recently imposed economic sanctions on eight Iraqi banks, preceded by sanctions on fourteen others & prevented them from dealing in the Dollar currency, as the reasons behind imposing such sanctions were not explained.

game over go time imo delete 000

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 Question: "IYO does it matter who is in the White House? Will it help or hurt the RI?" No, not at all. No, the person in the White House has nothing to do [with it]. The people in the IMF, the board of directors of the CBI, they have a lot to do with it. Militia Man They're going to have a very strong country...Iraq's foreign reserves are huge, historic in history, all-time high and they increased their gold supply another 10 tons. You can see the direction they're going and why they're getting praises... MarkZ I am still getting amazing chatter from groups…Things are very positive…But, stay calm this week - it’s going to be a roller coaster...I would not be surprised to see it before we reach the weekend as of right now. Pimpy Article: "The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants" The crazy thing is this is a new article but all they're doing is talking about the same countries we spoke about several times. You have the Euro, Chinese yuan, Turkish lira, Emirate Durham and Indian rupee and the currencies they're talking about...

who knows , typically central banks perform a lop in times of super high inflation not sure what lofty means to them i know what it means to me it might mean 1170 to them , im hoping for a pre gulf war rate thats my definition of lofty ... cheers

Iraq confirms completion of requirements to join World Trade Organisation https://thearabweekly.com/iraq-confirms-completion-requirements-join-world-trade-organisation WTO membership opens up markets by reducing trade barriers, enjoying lower tariffs and fewer restrictions, leading to increased export opportunities. Tuesday 05/03/2024 The World Trade Organisation (WTO) headquarters in Geneva. (AFP) ABU DHABI – Iraqi Minister of Trade Atheer al-Ghurairi said that Iraq had fulfilled the conditions necessary to become a member of the World Trade Organisation following the completion of economic reforms and the enhancement of its investment climate. Iraq submitted a request to join in 2004. The Iraqi minister was speaking during the WTO’s 13th Ministerial Conference held in the Emirati capital, Abu Dhabi. Shwan Ibrahim Taha, an expert in Iraq’s finance and investments affairs, said: “Iraq business needs to make substantial reforms and changes to boost its private sector that still lags behind giving the opportunities and resources available in the country.” “To comply with WTO rules, Iraq has to align their trade policies with international standards. This process not only enhances the efficiency of domestic industries but also attracts foreign investments, as investors are more confident in transparent and consistent regulatory environments, something Iraq SME’s disparately needs,” Taha added. WTO membership promotes transparency and predictability in trade relations. The organisation provides a rules-based system that ensures fair competition. By adhering to established trade norms, countries can resolve disputes through the WTO’s dispute settlement mechanism, ensuring a level playing field for all members. Furthermore, the WTO promotes development by addressing the concerns of developing nations. Special and differential treatment provisions recognise the developmental needs of these countries, allowing them more time and flexibility to comply with WTO agreements. This inclusivity aims to bridge the economic gap between developed and developing nations. Joining WTO offers a multitude of benefits for member countries, fostering economic growth, stability and global integration. WTO membership opens up markets by reducing trade barriers, enjoying lower tariffs and fewer restrictions, leading to increased export opportunities.

Here we go again; "soon," "imminent"

Dinar and dollar 7 hours ago March 4, 2024 Mohammed Rashid Most of the crises that accompanied us led to the collapse of our national currency (the dinar) were due to the wars that were forcibly imposed on Iraq by some major powers for many years, and the dollar was the final command that dominated the economic scene and contributed to destroying the value of the Iraqi dinar. In 1970, a piece of land with an area of (600) square meters in the most prestigious place in our city of architecture was worth (5) thousand dinars, and today the same piece is worth (one billion) and (500) million dinars. This is how playing with the fate of peoples was in order to weaken them and control them. Its human and oil resources. Today, the economic world is witnessing a qualitative boom in awareness, and very soon it will overthrow the “dollar” and its name will be changed in the coming period to “the dinar” and after a while to “the dollar,” and in the end it will completely lose its value and its printing price will be equal to (a number of cents). In a televised interview with the “”Iraqi President, Engineer Muhammad Shiaa Al-Sudani””, he uttered a very important phrase (keep the dinar). Today, through my humble vision, I bear witness that the “”Iraqi dinar will return to its lofty economic value””, away from wars and violence, through a new era that imposes its cultural will in the region and the world.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Nader From The Mid East Nothing will change in Ramadan month...because in Ramadan...like any religious holiday we don't deal with money...It's against our religion to talk about financial things and money [during Ramadan]...😞 Sandy Ingram The Prime Minister of Iraq is pushing the Iraqi CBI governor hard on the electronic payment system. Jeff Iraq has already revealed to you they'll be revaluing their currency specifically within the month of March. It's not even a secret. Pimpy When we're talking about the deletion of the zeros, it comes off the bank note only. It isn't going to change the exchange rate. The exchange rate is going to be equal in value...You got people out there saying that deleting the zeros does not mean the currency, it only means the exchange rate. That's not accurate... The 25,000 dinar has the same value as a 25 dinar...25,000 dinar times .00076 gives you $19. So when we delete the zeros...25 x .76 is the same exchange rate [$19]...Delete the zeros...is not increasing the exchange rate against other currencies.

My bad. I flushed.

We investors , who heard about IQD through word of mouth , are smalltime compared to all the countries who hold IQD in their foreign reserves . Also ,there are international companies already there or with solid commitments that you bet hold iqd , Bigtime pressure there ., It's not going to happen until all foreign troops are out of Iraq . Iraqis want us the hell out of there. How would you like foreign troops in our country?

But we were not getting out of 2023 or January either! 🤣🤣

MarkZ : I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right. Markie: "We won't get out of February without this RV."

Some people are just plain stupid ....

Are you serious?!?! Out of everyone; he is making progress.

Here's some articles related to the $2.73 ER... All articles are rumors & should be treated as such until proven. Treat as rumors. Not verified. Your opine. Clare via Moparman: ER Talk. ARTICLE: I have found two exchanges so far showing the wonky movement of the Dinar: the Toronto Stock Exchange & the Chicago Board Options Exchange. The CBOE is explicitly for options contracts. Intercontinental Exchange is still showing the 'official' rate of 1310 (IQD:USD -- the standard notation for ForEx pairing.) The CBOE (USD/IQD) is showing USDIQD at 2.73 -- this means 2.73 Dollars equals 1 dinar. The TSX (IQD/USD) is showing the inverse of that, which means .366 of 1 Dinar equals 1 dollar -- .366 equals $2.73 per 1 Dinar. They're responding in real time in sync. As an example, a 25,000 Dinar note would be $59,250 at that current rate. Just thought it might help to post. No, this isn't the rate of the Dinar currently -- it's futures options, which can run anywhere from 1 day up to 6 months -- but it absolutely shows something is going on with the Dinar skyrocketing. Addendum (I forgot to mention this): USD/IQD means how many Dollars equal a Dinar. IQD/USD (notice the inverse, it's flipped) means how many Dinars equal a Dollar. The 2.73 IS a Dollar amount -- the inverse is how you'd calculate the ER ($1 divided by .366 -- which is $2.73.) Someone was mentioning earlier that's not a Dollar amount, but the USD/IQD way IS a Dollar amount. Clare: Dinar & Dollar. ARTICLE: Most of the crises that accompanied us led to the collapse of our national currency (the Dinar) were due to the wars that were forcibly imposed on Iraq by some major powers for many years & the Dollar was the final command that dominated the economic scene & contributed to destroying the value of the Iraqi Dinar. In 1970, a piece of land with an area of (600) square meters in the most prestigious place in our city of architecture was worth (5) thousand Dinars & today the same piece is worth (one billion) & (500) million Dinars. This is how playing with the fate of peoples was in order to weaken them & control them. Its human & oil resources. Today, the economic world is witnessing a qualitative boom in awareness & very soon it will overthrow the “Dollar” & its name will be changed in the coming period to “the Dinar” & after a while to “the Dollar” & in the end it will completely lose its value & its printing price will be equal to (a number of cents). In a televised interview with the “”Iraqi President, Engineer Muhammad Shiaa Al-Sudani””, he uttered a very important phrase (keep the Dinar). Today, through my humble vision, I bear witness that the “”Iraqi dinar will return to its lofty economic value””, away from wars & violence, through a new era that imposes its cultural will in the region and the world. DallasDude: Well, this is as good as it gets as far as articles go...for some reason I am feeling a little more pep in my STEP today. Moparman: I believe when forex hits the desired number, we as investors go to the bank. This guy talking is just more proof that we will soon celebrate. Clare: Saleh confirms Iraq's monetary sovereignty and reduces the effects of speculation in the parallel market. ARTICLE: The financial advisor to the PM, Mazhar Muhammad Saleh, ruled out any effects on the exchange market due to “speculation” of the Dollar in the parallel market. Saleh told a news agency, “The effects on the exchange market no longer represent the real price operations of the basic market forces.” He stated, “Parallel market operations are nothing but illegal speculative acts that profit from accidental profits on individual or marginal transactions and are undertaken by forces of speculators working against the law. This irregular parallel market has become isolated from the power of the official or regular market since the end of the legalization of economic transactions & the prohibition of... Any transactions in Dollars in clearing debts within the national economy between natural & legal persons, as today any internal contracts, transactions or obligations concluded in foreign currency & denominated in a currency other than the national currency are not legally valid.” Saleh noted that "this confirms the monetary sovereignty of our country through the stability of the national currency & dealing in it alone without the participation of foreign currencies in internal economic operations." Raghad Dahham. Clare: The Sudanese Advisor Details Iraq's Financial Situation & Addresses ER. ARTICLE: The PM’s Advisor for Financial & Economic Affairs, Mazhar Muhammad Salih, stated the real growth rate in Iraq’s non-oil gross domestic product, while referring to Iraq’s financial situation. Saleh said, in an interview followed by “Al-Iqtisad News,” that “the basis comes from the strength of the foreign asset reserves that Iraq possesses, which exceed 100 billion dollars & they are the cover of the national currency, which means that there is complete coverage of the national currency issued in foreign currency, which provides "Ideal stability for the Iraqi Dinar ER, in addition to the fact that these foreign reserves embody Iraq's commercial efficiency, as these reserves cover more than 15 commercial months, while the global standard is only three months." He added, "We must not forget that the surplus in the current account of the balance of payments relative to the gross domestic product also did not fall below (positive 8%), which is a high indicator that reflects the strength of the external sector in the national economy, that is, its stability and growth." He pointed out that "the real growth rate in Iraq's non-oil gross domestic product has touched (6%) & it expresses the growing activities of important sectors, most notably the reconstruction, construction & housing movement & the development of the transport and digital communications sector & there is a continuing movement in developing the agricultural sector thanks to government support for crops." We expect Iraq’s grain production in the next few months to reach 6 million tons.” Clare: Official: The Issue Of Iraq’s Accession To The WTO Is Coming Soon. ARTICLE: Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the WTO was imminent, while he stressed that the current federal government would achieve self-sufficiency & not depend on the importer. This came during his hosting of a discussion session on the sidelines of the 7th session of the activities of the 3rd day of the Al-Rafidain Forum 2024 - Baghdad, under the title “Humanizing the Global Economy.” Al-Jabri said during the hosting that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade & economics. He stressed that "Iraq is seeking to enter the WTO & the issue is coming soon." The Iraqi government official spoke about the issue of import & export, saying: There is no trade balance between exported & imported materials, as the monetary mass was going to other countries & this is what the current government seeks to address by relying on self-sufficiency. At the beginning of 2024, the Kingdom of Saudi Arabia announced its support for Iraq’s accession to the World Trade Organization, especially after the political obstacles that prevented it were removed.

Al-Muslimawy: There is a policy to reduce the dollar exchange rate and control it in Iraqi markets PM:06:51:04/03/2024 1980 views Firas Al-Muslimaoui, representative of the State of Law coalition, said today, Monday, that there is a policy to reduce the dollar exchange rate and control it in Iraqi markets. Al-Muslimaoui added, in a special statement to an NRT Arabia correspondent, that through our hosting of the Governor of the Central Bank in the House of Representatives and more than once, he demonstrated that there is a policy to reduce the dollar exchange rate and control it in the Iraqi markets. He pointed out, “There are internal factors that the management of the Central Bank is working on, while external factors are within the jurisdiction of the federal government, with regard to communication and relations with the Federal Bank. Al-Muslimaoui pointed out that the conditions imposed by the Central Bank administration are to limit the smuggling of cash, adding that there are steps in the right direction to almost gradually reduce the dollar exchange rate because the sudden decline is hitting the Iraqi markets. Goran Abdullah - Baghdad https://www.nrttv.com/ar/detail3/24229

April 7th?

Hmmm…new rate I would say 💯🎯

Great news and hope so since Iraq will not be allowed to join until they have a true international tradeable currency!!

FROM OTHER SOURCES: Through The Dollar Bill: Washington Continues To Tighten The Noose On The Sudanese Government. ARTICLE: The political & security analyst, Muhammad Al-Yasiri, today, Monday, accused the American administration of continuing its hostile policy towards Iraq. Al-Yasiri said in an interview with a news agency, “The American policy of hostility against Iraq depends on two things. The first is tightening the stranglehold on the flow of Dollars to the CBI & reducing cash liquidity, as well as the terrorist ISIS card.” He pointed out that "the American administration is working hard to restrict the Iraqi government and discourage it from demanding the removal of its occupying forces from the country," adding, "Whoever says that America is a friend of the Iraqi people is subject to the policy of collusion & treason." Here's the article...Political & Security Officer says US is no friend of Iraq.

Suck In that GUT!! 😁

I have no clue. I researched Ramadan in 1991 & it appears Kuwait reinstated their currency during that time. I'm trying to get factual answers if whether or not it matters when Iraq revalue theirs this month.

Golly I'm on the edge of my seat seeing this fabulous article for at least the 100th time in the last 15 years. The real criminals are never collared. Habib (known to be an assassin) the Falafel 🧆 street vendor, better known to the Underworld as Mustafa the Weasel was nabbed a few years back and didn't spill any beans whatsoever. Regrettably he mysteriously died in an unfortunate acupuncture mishap when an icepick was found protruding from his neck. The acupuncturist whereabouts oddly remains a mystery.

Bidenflaion not ideation. Not sure what happened here. 😂😂😂😂😂

I agree, many will leave on a dime. Me, well I no hurry waited this long will wait a while longer if it happens. Might sell just a little to replenish some of my cash the ideation has took from me but that’s about it. 🇺🇸😊

With any luck tatter head is among them

Good, they are substandard products anyway, time to disconnect from the China ***!!