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WheresmyRV?

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  6. HOT: Iraq Digitally Links Up with Other nations.

    in Dinar Rumors

    Posted

    18 hours ago, edbeach said:

    Bettyboop

    I do not believe at this point they will RV/RI until 2025 or 2026l. I think they wait paying all their bills with the 1300 dinar rate that they had approved in the Budget. If you notice last week in the meeting the PM had with his ministers on Tuesday they had approved bills at 1300 dinar rate. SO by using this 1300 for for labor they saving Billions of dinars as we know  thats the biggest expenses in construction is cost of labor another reason China & Vietnam not increasing their rates So when they buy supplies buy from local countries with cheap cost. Once they get the approvals of everything they doing at 1300 then raise the exchange rate. Also by keep crying poor, Iraq gets more countries keep giving them hand outs as the US is doing now. This is just my opinion of what they doing could be wrong but makes sense why they not increasing the ER

    I pray they don't wait until 2026 because with Hamas and Iran poking the big bear, it will only be a matter of time before all out war breaks out. Once that happens will be a seriously long time when they RV their currency.

    • Like 1
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  7. The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March

    in Iraq & Dinar Related News

    Posted

    18 hours ago, horsesoldier said:

    20 years with these jokers and it's really beginning to feel like Deja Vu' all over again. Can't help feeling they're deliberately pushing this out to go beyond 1st quarter and then we're on to " next year." :facepalm:

    I don't care how many "promises" Sudani's made to the people: if he doesn't deliver, I hope the entire country rises up against him. 

    Bunch O lying sacks O 💩

    Bureaucrats & their (empty) promises.

    Sure starting to feel like that again :facepalm:

  9. During 2024.. The Iraqi Central Bank plans to cancel the “electronic platform” for external transfers

    in Iraq & Dinar Related News

    Posted

    2 hours ago, Carrello said:

    Saudi Arabia let the cat out of the bag with the article below. Iraq will, IMHO, be recognized as a full member of the WTO at their next meeting February 26,29 2024. What does that mean for us? We all know: Iraq has accepted Article 8 and has a new exchange rate. The rate change could take place tomorrow through February 26, again, IMHO. Read the last line of this article.

     

    Saudi Arabia strongly supports Iraq's accession to the World Trade Organization

     

    1705490261350.jpeg2024-01-17 04:17

    News / On Wednesday, the Kingdom of Saudi Arabia expressed its support system" rel="">support for Iraq’s accession to the World Trade Organization, especially after the removal of the political obstacles that prevented it. 

    The Iraqi Ministry of Foreign Affairs stated in a statement today that the Undersecretary for Political Planning Affairs, Ambassador Hisham Al-Alawi, along with Ambassador Saqr Abdullah Al-Muqbel, received the head of the team charged with negotiating Iraq’s accession to the World Trade Organization, and his accompanying delegation, at the Ministry of Foreign Affairs building in Baghdad, in the presence of Hussein Younis, Head of the Economic Department at the Ministry of Foreign Affairs.

    The statement quoted the agent as saying during the meeting that: The Iraqi government is interested in openness to international organizations, and has a desire to activate Iraq’s presence in international forums, explaining that the Ministry of Foreign Affairs seeks to enhance regional and international cooperation alongside the relevant ministries in the government. 

    He pointed out that Iraq has natural and human resources and a specialized workforce in many fields that deserve to be provided with job opportunities, expressing his hope that Iraq’s accession to such organizations will contribute to providing such opportunities by increasing investments in the private sector in light of the current openness and the government’s plans. To develop the economy and develop its various sectors.

    For his part, the head of the Saudi delegation confirmed that the Kingdom believes that Iraq is a country that has chosen peace and stability and seeks to achieve economic development, pointing to the importance of Iraq to the Kingdom of Saudi Arabia from an economic standpoint. 

    The Saudi delegation noted that the Kingdom believes that the ""political obstacles that prevent Iraq from joining the World Trade Organization have been removed"", stressing that the Kingdom’s government supports Iraq’s desire to enter global economic institutions.

    :twothumbs::twothumbs::twothumbs:

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