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Here's some more good news out of Iraq. Sudani thanks the UN, WB & IMF. Iraq: We pay our debts. Treat as rumors. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Sudanese Advisor: The World Bank Plays A Positive And Supportive Role For The Iraqi Economy. ARTICLE: The financial advisor to the PM, Mazhar Muhammad Saleh, confirmed today, Wednesday, that the World Bank plays a positive & supportive role for the Iraqi economy & its team in Baghdad represents the advisory arm for the government program. Saleh said, “The WB Group in Iraq launched its new relationship with our country in accordance with what was stipulated in UN Security Council Resolution 1483 in May 2003 & it is undertaking the task of mobilizing financial & technical assistance to support Iraq’s efforts to restore confidence in the economy, build its foundations & reduce the burden of its debt, in cooperation with the Fund.” IMF. He added, "After years of wars and conflicts that affected the country's infrastructure since the 1980s & Iraq's severance & isolation from the world & multilateral international organizations, the bank contributed by taking its active role after the year 2003, especially in managing a number of development financing funds for the benefit of our country's economy." FROM OTHER SOURCES: Stability In Dollar ER In Baghdad, Basra & Erbil. ARTICLE: The exchange rates of the dollar against the dinar witnessed stability this Wednesday morning in Baghdad, Basra & Erbil. Below is a list of Dollar selling prices: $100 = 147,200 Dinars in Baghdad * $100 = 147,300 Dinars in Basra * $100 = 147,600 Dinars in Erbil. FROM OTHER SOURCES: The Financial Advisor To The PM Reveals The Size Of Iraq's External & Internal Debts. ARTICLE: Mazhar Muhammad Salih, the financial & economic advisor to the PM, revealed the size of Iraq's foreign & internal debts, while indicating a government plan to pay them. Saleh told Baghdad Today that Iraq’s external debt is very small & constitutes less than 30% of the country’s gross domestic product & this percentage is less than the standard & safe percentage, which is 60% according to European Union standards. He explained that Iraq has A plan to repay these debts, the remainder of which is less than $20 billion, approximately one-third of which will be repaid during this year & may decrease significantly over the next few years.” He added that the largest debt is internal & this debt does not pose any risk, as it is within government financial institutions & is not a debt between individuals & the government & about (98%) is debt between the government, government banks, the CBI & the Ministry of Finance,” indicating that “there is a plan To settle these debts in the future in a way that does not constitute any burden.” FROM OTHER SOURCES: The US Ambassador: Benefiting From Kurdistan's Oil Can Help Iraq Towards Energy Independence. ARTICLE: The US Ambassador to Iraq, Alina Romanowski, confirmed that benefiting from the Kurdistan Region's oil and gas will help Iraq towards independence in the field of energy. Romanowski said on the X platform: “In preparation for the Sudanese Prime Minister’s visit to the US, I discussed with Federal Oil Minister Hayan Abdul-Ghani Iraq’s independence in the field of energy for the benefit of the Iraqis.” The American ambassador added: "Benefiting from the oil & gas found in the Kurdistan Region of Iraq can help Iraq on its path toward energy independence." It is noteworthy that the Iraqi Ministry of Electricity intends to purchase gas from the Kormor field in Sulaymaniyah Governorate in the Kurdistan Region to meet the needs of production stations “in the northern region.” The financial advisor to the PM pointed out that “the internal debt is estimated at 50 billion Dollars, but it is within the official government financial institution, and the CBI controls approximately (64%) of it,” stressing that “The external debt is the most important & Iraq is committed to paying it.
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from another source... OKIE RARE POST GOOD THURSDAY EVENING AMERICA, SHIPS AT SEA, AND ALL OUR WORLD WIDE FRIENDS. GRANDAD USED TO SAY "IT'S AN ILL WIND THAT BLOWS NO MAN GOOD". WHAT GRANDAD DIDN'T REALIZE IS THAT IF YOUR PILOT IS GETTING READY TO LAND, YOU PREFER A HEADWIND, BECAUSE A TAILWIND CAN UNEXPECTEDLY INTRODUCE YOU TO THE GOOD OLE TERRA FIRMA WHICH DOESN'T TASTE GOOD EVEN WITH CREAM AND SUGAR. I HAVE BEEN SILENT, AS OTHERS HAVE BEEN PROVIDING INFORMATION THAT I HAVE READ... AND GENERALLY SPEAKING, IT WAS CORRECT MOST OF THE TIME. I THINK NOW I SHOULD RECOGNIZE THOSE WHO ARE CONTRIBUTING SO MUCH, AND WE ALL SHOULD THANK THEIR TIRELESS ENDEAVORS. TODAY, AS YOU WILL FIND OUT IN THE FUTURE (IF YOU'RE PRIVIED) , THE PARAMOUNT SIGNIFICANCE OF THE MAGNITUDE OF ACCOMPLISHMENTS MADE ON ALL OUR BEHALF LAST NIGHT AND TODAY. IT PRESENTLY APPEARS THAT OUR LANDING IS VERY IMMINENT, WHEREAS BEFORE WE JUST GOT A WAVE OFF AND HAD TO CIRCLE AROUND AGAIN DUE TO CHANGES MADE IN PROTOCOLS AND PROCEDURES. IT HAS BEEN VERY FRUSTRATING TO HAVE BEEN GIVEN LANDING INSTRUCTIONS AND THEN TO HAVE THE ORDERS CHANGED AT THE LAST MINUTE - AGAIN AND AGAIN.