keylime

Great any day present! Happy Birthday!

yes that was it

I believe you read it from right to left if that helps

we need to find out what Revaluation is in the Iraqi language so when we hear, dinar and revaluation we will know.

How about "receiving a delegation from JP Morgan Chase." They weren't talking about Yankees tix I am sure.

The Iraqi Central Bank warns of fake pages luring citizens with dollar purchases The Iraqi Central Bank warns of fake pages luring citizens with dollar purchases 2024-04-17 02:52 Shafaq News/ The Central Bank of Iraq warned, on Wednesday, of fake pages on social media sites with the names of companies licensed by the bank luring citizens with fake dollar purchases. The bank confirmed in a statement received by Shafaq News Agency, that “the fake pages on social networking sites carry the names of licensed exchange companies that promote through social networking sites the sale of dollars at the official rate, where the citizen enters the link for the fake companies for the purpose of booking an appointment for travelers to receive the dollar, indicating that the pages The fake one gives the victim instructions and directions to deposit the dinar.” The statement quoted the Directorate of Supervision of Non-Banking Financial Institutions as saying, “Obtaining this type of service is done through electronic reservation on the company’s official website (if available) and that the deposit process takes place exclusively at the company’s headquarters.” The Directorate alerted the public wishing to buy the dollar at the official price of the necessity of verifying and verifying the work of these licensed companies through the official Iraqi central website, stressing that it has taken legal measures against the owners of the fake pages for these companies. shafaq.com

There are American companies that have signed agreements to manufacture sprinklers and cars that fall within the needs of the Iraqi state, in addition to handing over a number of Iraqi antiquities today to the Iraqi side. Now how in world would an Iraqi with toilet paper for money buy a car so easily?

I was thinking that, but I pulled back a little toe....LOL!

Member of the Sudanese delegation: We will witness a rapid decline of the dollar in the coming days Member of the Sudanese delegation: We will witness a rapid decline of the dollar in the coming days 04/17/2024 A member of the delegation accompanying the Prime Minister, Aed Al-Hilali, suggested that things would go towards complete control of the dollar exchange rate and a clear and rapid decline in the coming days. Al-Hilali said: For the program {Free Speech} broadcast by Al-Furat satellite channel this Tuesday evening, it was stated that: “ The visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington carries within it a lot of good news for the Iraqi people, as it was able to achieve many gains. – The agreements that were signed with major international American companies.” It is concerned with the Iraqi people, one of which is energy and in various fields. – There are American companies that have signed agreements to manufacture sprinklers and cars that fall within the needs of the Iraqi state, in addition to handing over a number of Iraqi antiquities today to the Iraqi side. – Iraq has made great strides through the Sudanese government in the field of financial reform, and we need To a measure that could organize governmental and private financial institutions in a way that makes them stable in dealing with their counterparts in the world – what the government has done in terms of opening corruption files and operations to control the dollar are all taken into consideration by the United States of America, which will stand and help Iraq in the next stage, and I believe that. Things are moving towards complete control of the dollar exchange rate, and we may witness a clear and rapid decline in the coming days. The US Treasury praised the Iraqi government’s steps in developing the banking sector. But no decision has been issued yet regarding lifting sanctions on private Iraqi banks. alforatnews.iq

Was it the photos that were already clear. Or your drinking that caused blurry photos. Or both?

Maybe if you were looking for "camel foot" we'd have RV'd already. I blame you!!! HA!

Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables 04/17/2024 The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed that the financial budget schedules for 2024 were “almost” complete. In a press statement, Saleh considered “the presentation of the financial schedules for the fiscal year 2024 by the executive authority for parliamentary approval” as a “flexible legislative path, as an integral part of the financial constants and principles of the Federal General Budget Law No. 13 of 2023 (Tripartite).” He stated, “ These tables include revenues, public expenditures, and the estimated hypothetical deficit, and they are within the law that was originally legislated by the House of Representatives and published in the Official Gazette last year. The proposed financial tables that are being prepared by the executive authority today, and which have become almost complete, are based on financial legislation. implemented and approved under the aforementioned Tripartite Budget Law.” He added, “The financial schedules prepared for the year 2024 will take into account the urgent economic and social conditions and changes required by the need for economic development in the year 2024, especially new investment projects, and financial commitments and pledges during the current year, in order to Implementing it as an annual financial plan within the framework of the principles of the tripartite general budget itself, in letter and spirit.” alforatnews.iq

Then what? They all die of starvation? Iraq has 6 months to live. RV that thing already before its too late!!!

Al-Bayati: Al-Sudani’s visit to Washington will resolve these two files Al-Bayati: Al-Sudani’s visit to Washington will resolve these two files 4-16-2024 Information / Baghdad… Former MP Jassem Al-Bayati confirmed on Tuesday that the Sudanese visit to Washington will have positive consequences at various levels, especially military, security and economic, pointing out that the visit would resolve the American military presence inside Iraq and strengthen the dinar against the dollar. Al-Bayati told Al-Maalouma, “The visit of Prime Minister Muhammad Shiaa Al-Sudani will have positive consequences at all stages, whether activating the strategic framework agreement between the two countries or resolving some economic issues.” He added, “The visit would resolve the files of some banks that were punished by the Dalil countries, as well as resolve the issue of the lack of liquidity of foreign currency (the dollar) in Iraqi banks and find solutions to ensure its availability.” He stated that “the visit would strengthen the Iraqi dinar currency against the dollar, and ensure that the parallel exchange rate is close to the official one in the local markets, in addition to emphasizing the withdrawal of American ground forces from Iraq and discussing military and security issues.” almaalomah.me

After 21 years of the dollar auction… Iraq is close to closing the window amid reassurances and warnings After 21 years of the dollar auction… Iraq is close to closing the window amid reassurances and warnings 04/16/2024 Iraq is approaching the end of the closure of the dollar selling window at the Central Bank – which has been controversial – over the past two decades. The Central Bank’s management plans to gradually cancel the dollar auction during the year 2024, leading to its complete cancellation by the end of the year, and to maintain it for audit and statistical purposes, in an effort to enable Iraqi banks to establish and establish solid banking relationships with the global and regional banking sector in order to achieve the sobriety of the Iraqi banking sector and full commitment. According to international standards and requirements. Iraq relies on the platform for selling currency directly to local banks and companies, which was previously known as the daily dollar auction, as one of the mechanisms for preserving the value of the Iraqi dinar and combating speculative operations in the parallel market. The visit of Prime Minister Muhammad Shia Al-Sudani to Washington provided a strong impetus in closing the Central Bank window and moving towards direct commercial banking transactions. According to the joint statement of the Iraqi-American discussions headed by Al-Sudani and President Joe Biden, the latter “discussed Iraq’s advanced efforts to reform the financial and banking sectors, which help link Iraq to the international economy and increase trade while protecting the Iraqi people from the harmful effects of corruption and money laundering, and what was achieved during the years 2023 and 2024.” “With banks in Iraq expanding (correspondent relationships) with international financial institutions to enable trade financing.” The statement notes that “the majority of trade financing operations are now carried out through these channels.” Iraq and the United States pledged their commitment to “strengthen their cooperation to achieve greater transparency and cooperation against money laundering, terrorist financing, fraud, corruption, and sanctioned activities that could undermine the integrity of the financial systems in both countries.” The two countries expressed their commitment “to support the Central Bank of Iraq in ending the electronic auction platform for international financial transfers by the end of 2024, through direct dealing between licensed banks in Iraq and approved global correspondent banks, to achieve this transformation that will connect Iraqis and Iraqi companies to the international economic system.” In this regard, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed to {Al-Furat News} that the agreement of Iraq and the United States to end the electronic platform of the Central Bank of Iraq for selling the dollar at the official price means the cancellation and end of the foreign currency window that was established since 2003. Saleh said, “It is not One of the functions of the central banks in the world is to carry out financing operations for foreign trade in their countries. Central banks are banks that work on monetary stability as they are banks that issue the national currency, as well as the function of supervising banking activity and ensuring its safety and stability. He added, “But Iraq’s rentier conditions, and because of the foreign cash flows entering the country through which foreign exchange reserves originating from oil export revenues are created, such a necessity was imposed in financing foreign trade for the private sector through the establishment of the foreign currency window (auction) a month ago.” October 2003, during which this window played a dual role in the work of the Central Bank of Iraq’s monetary policy, both in controlling local liquidity levels (monetary sterilization) and the so-called open market process, which requires exchanging the dinar for the dollar for the purposes of external transfer related to financing domestic trade. In addition to achieving the goal of controlling the stability of the Iraqi dinar exchange rate at the same time.” Saleh noted that, “In order to return to the principles of financing trade through the commercial banks themselves directly by opening documentary credits with correspondent banks abroad, their external accounts opened with their correspondents from foreign banks will be fed with their requests for foreign currency through the Central Bank of Iraq in order to enable them to… Opening documentary credits to finance foreign trade to the private sector in a more transparent manner and at the same time subject to international compliance rules through the role that these international banks with high credit ratings will play.” He explained, “What practically means canceling the auction or the foreign currency window that was established in October 2003 and its expected lifespan was two years, but unfortunately it continued for more than twenty years!” He continued, “Based on the above, the efficiency of using foreign currency will undoubtedly increase through continued control of local liquidity levels and the imposition of stability in the Iraqi dinar exchange rate, but in a different way that is consistent with the new banking applications fully approved in the year 2024.” On the other hand, specialists warn against stopping the platform for selling the dollar, especially with the continuing delay in Iraqi banking systems and the failure to activate Iraqi commercial banks’ dealings with international banks, because this will lead to a monetary disaster that will ravage the Iraqi market. But Abdul Rahman Al-Mashhadani, the economic expert, downplayed the seriousness of these warnings. He told {Al-Furat News}, “The subject of the agreement with the American side does not mean that the currency auction will end, but rather it will return to work according to the old mechanism for enhancing balances. However, the Iraqi banks that will be entitled to external transfer must be linked to solid correspondent banks.” He stated, “The mechanism will not change. Rather, the Iraqi Bank will be transformed into a correspondent bank, and its balance will be enhanced by the Central Bank.” Al-Mashhadani ruled out, “The exchange rates in the markets were affected because they are not directly related to these matters. Rather, the decline and rise are due to trade with the sanctioned countries, for which there are no solutions because they are financed from the parallel market, and without solving them, there cannot be stability in exchange rates.” Another economic expert believes it is necessary to tighten control to prevent the “leakage” of the dollar. Bassem Jamil Antoine told {Al-Furat News}, “When the dollar crisis is addressed scientifically, economically, and financially, there will be a floatation of the currency through supply and demand, so that the citizen will obtain the quantities of dollars to the extent he wants, as the scarcity is now in the dinar and not in the dollar from which it is received.” On a daily basis, no less than 300 to 400 million dollars.” He stated, “This process goes to the financial stability of the country, as the import is through correspondent banks that transfer money amounts, and this process requires follow-up, time, and knowing the fate of the money.” Antoine explained that “the process of floating the currency must be under conditions, and Iraq differs from other countries because its financial imports in dollars are very large, and there must be control over the process, stopping the leakage of the dollar, and not leaving it floating under the freedom of speculators. There will be difficulty in achieving balance, and this matter needs a rule.” Productivity away from imports, creating job opportunities and ending unemployment, and this process requires more time and strict oversight to stop the currency auction, which has greatly destroyed the country,” he said. alforatnews.iq