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Here's an article of Dinarian interests... -There is absolutely no justification for a LOP. -A Lop is usually associated with runaway inflation. -Iraq has the lowest inflation rate of any nation on earth. Treat as a rumor. Not verified. FROM OTHER SOURCES: After The Decline In Inflation Rates… Economic Calls To Improve Financial Policy Management In Iraq. ARTICLE: financial specialists called for the need to improve financial policy management in Iraq after it witnessed a decline in inflation. Financial expert Abdullah Al-Bandar said, “The International Monetary Fund was optimistic about Iraq due to recording a clear decline in inflation during the 1st quarter of this year compared to the last quarter of 2023,” indicating that “economic policies in Iraq are going well & that the government is taking into account Fund directives regarding this. He added, “The IMF’s assistance to Iraq is usually conditional on the extent of Iraq’s commitment to its directives & advice. Therefore, the government and relevant parties must move towards improving the management of financial policy in Iraq & making it consistent with monetary policy, since our monetary policy is dependent on oil revenues.” Al-Bandar called for “the need to focus on developing non-oil economic sectors because they are very few compared to oil revenues, such as developing border crossings & developing the customs law, as well as the private sector’s contribution to the domestic product & reconsidering the customs tariff because Iraq is an importing country.” For his part, financial expert Manar Al-Obaidi explained in a post on his Facebook account, “One of the most important economic standards that countries always take into account in determining their data, because of its important role in formulating the country’s economic policy, is the monthly & annual inflation rates, which plays a role.” It is important in the overall daily life of the citizen & in the various economic sectors,” noting that “according to data from the Central Bureau of Statistics, the annual inflation rates in Iraq decreased from 4.5% at the end of 2023 to reach 1.6% in March 2024.” Al-Obaidi added, “Countries seek to reduce inflation rates according to their economic policies, as some countries try to target fixed inflation rates that do not increase or decrease, while others are looking for high inflation rates, especially producing countries & they differ according to the economic policy of each country,” pointing out that In Iraq, “there is no clear target for inflation rates except for one phrase mentioned in the strategic development plan that talked about keeping the inflation level below the 10% level.” Al-Obaidi explained that “the decline was not the result of a significant increase in prices, but rather is due to three basic factors that contributed to the inflation rates reaching these rates, which are considered among the lowest levels of inflation in the world & the Middle East.” He stated that “the 1st level is a change in the weights of goods, as the process of determining inflation depends on determining a weight that represents the relative importance of each commodity, meaning that the importance of bread to the citizen is not the same as the importance of clothing, for example. Therefore, the weights vary according to the importance of the commodity. At the beginning of 2024, the Central Bureau of Statistics changed the weights.” For each commodity, the relative weight of some commodities was increased, such as food, beverages, tobacco, education & health, in exchange for reducing some of the relative weights of other goods & services, such as housing & transportation, which includes fuel, for which the price of improved fuel was raised in 2024, in addition to household equipment. This change played an important role in reducing the inflation rate because some of the goods whose weights were increased did not increase much compared to those whose weights were reduced. He continued, “With regard to the 2nd level, it is changing the year of measurement, as the year of measurement in which a standard price was set for each commodity or product was the year 2012. The year of measurement was changed to the year 2022 & the increase or decrease in the prices of goods & services became dependent on the standard prices in 2022, not 2012 & this is the change greatly affects inflation rates in a way that reduces inflation rates,” pointing out that “the 3rd level is represented by the decline in the prices of some foodstuffs, such as bread, dairy, fruits & drinks, which now represent approximately 31% of the total inflation account & thus their decline or rise plays a fundamental role in Determining inflation levels. Therefore, general inflation decreased to 1.6%, while core inflation reached 2.7%. Al-Obaidi wondered, “Why specifically were major changes made, whether at the level of weights or at the level of the base year, in 2024, during a critical period when there are radical changes in monetary policy & financial policy?” Why was the year 2022 adopted as a measurement year? Is it really suitable to be a measurement year, especially since it is A year that comes after the Corona crisis, in which the world witnessed global inflation of various commodities & it was not a year of global stability? He concluded his speech by saying, “What we aspire to is for the data issued by various official bodies to be highly reliable & in line with the reality of the situation in order to formulate economic policies based on analyzing the gap between what is currently on the ground & the target value. No one can imagine.” The reaction of any citizen when you inform him that prices rose only 1% compared to the previous year.”

Here's some articles of Dinarian interests... -Turmoil in Iraq gold prices. -US is committed to Iraq. -The PM calls the private sector to invest in raw materials available in Iraq. -iraq Inflation reduced from 7.5% to 3.8%. -Iraq is committed to ending money laundering. -CBI breaks new record in currency auctions. Treat as rumors. Not verified. Your opine. - FROM OTHER SOURCES: An Economic Expert Explains The Reasons For The Turmoil In Gold Prices In Iraq. ARTICLE: The economic expert, Nabil Jabbar Al-Tamimi, revealed today, Thursday, the reasons for the change & turmoil in gold prices in Iraq. Al-Tamimi said in an interview with “Mawazine News”, “The gold market in Iraq is directly linked to international gold prices. The rise and fall of global prices is the only one that has an impact on the local gold market.” He added, “We are currently witnessing a global rise in prices, as the price of an ounce of 24-karat gold has exceeded more than $2,400, which represents the highest global gold prices throughout history. Waves of inflation, lax monetary policies around the world & a group of geopolitical turmoil have led to a rise in gold prices during the three years.” Which resulted in the spread of the Corona virus more than doubling.” He pointed out that “the prices of one ounce in 2020 ranged near $1,300 per ounce, while today’s trading is near $2,400 per ounce. FROM OTHER SOURCES: The American Ambassador Affirms Her Country’s Commitment To Supporting The Security & Stability Of Iraq. ARTICLE: The United States affirmed The Presidency’s Media Department stated. During the meeting, Rashid stressed “the importance of working to strengthen & develop relations in various fields, especially economic, commercial, cultural & environmental, in a way that achieves the common interests of the two countries & peoples.” He pointed to “the positive developments that the country is witnessing at various levels,” pointing out that “security stability is being consolidated thanks to the efforts of the Iraqi security forces in their various formations.” For her part, Elena Romanski expressed her country’s “commitment to supporting the security & stability of Iraq & strengthening relations of cooperation & friendship in various fields.” FROM OTHER SOURCES: The PM Calls On The Private Industrial Sector To Invest In Raw Materials Available In Iraq. ARTICLE: PM Muhammad Shiaa Al-Sudani called on the private industrial sector to invest in the raw materials available in Iraq. A statement from his media office stated that Al-Sudani launched, in the Al-Najaf Governorate, today, Thursday, the executive work on the Al-Diyar Al-Iraqiyya Glass Production Factory project. According to the statement, the project is the first to be implemented in accordance with the sovereign guarantees approved in the budget & in cooperation between the Iraqi Trade Bank & the Iraqi Trade Bank. TBI & the German Export Bank & it represents the most important forms of cooperation between Iraq & Germany, the foundations of which were laid during his visit to the German capital, Berlin.” Al-Sudani blessed the launch of work on this important project & appreciated the efforts of the Industrial Estates Authority, the Ministry of Industry & other supporting parties, stressing: “This factory is being implemented in an industrial city by an investor who has undertaken to provide all services. The industrial city is also preparing to embrace industrialists & provide land & services, which is an advantage.” We aspire to have it implemented in all governorates.” The PM indicated that the new project is the first to produce glass, with a capacity of 800 tons per day, which means 25% of the local market’s need. The factory will rely on silica available in Iraq, stressing the availability of many raw materials that have not been invested. He also directed the necessity of implementation according to Plan & schedule. The PM affirmed the government’s support for the private sector & the provision of guarantees for all projects that represent a priority, especially the housing & construction sector, which represents a large demand for construction materials, indicating the country’s need to triple the existing factories for coverage, calling on the serious private sector to invest in this important opportunity. As the government continues to remove obstacles and bureaucracy, this path will provide real job opportunities & larger industries will settle in this city & other industrial cities.” FROM OTHER SOURCES: Al-Handal Stresses Iraq’s Commitment To Combating Money Laundering.. What About Inflation? ARTICLE: The head of the Iraqi Private Banks Association, Wadih Al-Handal, confirmed today, Thursday, that Iraq is committed to combating money laundering, pointing to the role of the Central Bank of Iraq in reducing inflation to 3.8% Al-Handal said during a speech he delivered at the Arab-Turkish summit in Istanbul, followed by Al-Iqtisad News, that “Iraq’s policy is focused on economic openness to all countries, to build a network of strong economic relations & to attract foreign investments in infrastructure development.” He added, “Bilateral relations between Iraq & Turkey are going through their golden age. Trade exchange reached 20 billion Dollars last year, & cooperation is great between Iraqi & Turkish companies in implementing strategic projects inside Iraq,” noting that “the visit of Turkish President Recep Tayyip Erdogan last month To Iraq, it will reflect positively on the Arab region, starting with the development road project.” The head of the Association of Iraqi Private Banks stated, “The Iraqi Development Road Project is one of the projects that will transform the form of transporting goods between East Asian countries & Europe, because it will contribute to shortening the time on the ship departing from the port of Al-Faw to Europe by fifteen days compared to other transport lines.” As well as reducing the cost in terms of insurance & transportation fees, which will be reflected positively on the final price of the goods, in addition to the fact that the project will provide more than 100,000 direct job opportunities with the establishment of large factories inside the country.” He pointed out, “The development road will link the countries of China, India, the Emirates, Qatar, Iraq & Turkey, all the way to Britain, through rail & land lines to transport goods & people. It is the leading project in the region currently, as it will contribute to transporting fifteen million passengers annually & more than 22 million tons of food.” Goods & will cost seventeen billion Dollars, with revenues for Iraq amounting to about 5 billion Dollars annually.” Al-Handal called on Arab & foreign banks to “contribute to financing investments while continuing to work on providing sovereign guarantees, in a way that contributes to accelerating work & achieving development for all.” He stated, “The CBI worked with its Turkish counterpart, during the previous stage, to adopt the Turkish Lira & the Euro to finance trade exchange between the two countries.” He stressed that “the private banking sector is progressing rapidly in growth, despite the great challenges surrounding it & that some banks that faced difficulties in dealing in the Dollar continue to work in other currencies, in implementing the aspirations of their customers, in addition to increasing the types of banking services, which… “It reflects positively on the sector’s work in increasing the rate of financial inclusion.” He explained, “The monetary policy, led by the CBI, during the current stage, has worked very successfully, contributing to reducing inflation from 7.5 percent to 3.8 percent,” noting, “Iraq’s foreign currency reserves have reached more than 111 billion.” $ & gold 145.6 tons, which makes it ranked fifth in the Arab world.” Al-Handal thanked the Union of Arab Banks, praising this two-day Arab-Turkish summit, wishing to come up with urgent decisions that contribute to changing the face of the region economically & give hope to our people, who are suffering from the effects of inflation, high prices, & the migration of foreign investors. He concluded by saying: “Iraq is one of the countries committed to combating money laundering & terrorist financing, according to what was announced by the Financial Action Task Force for the Middle East & North Africa (MINFATF), which is an indicator that all countries rely on,” praising “the role of the CBI & the Iraqi judiciary in preserving to classify Iraq globally as one of the countries committed to combating money laundering & terrorist financing. FROM OTHER SOURCES: 252 Million Dollars In Sales From The CBI Within A Day. ARTICLE: Foreign remittance sales at the CBI auction, on Thursday, increased by 90% at the expense of cash sales, reaching more than $252 million. Today, during its auction for buying & selling the USD, the CBI sold 277 million, 354 thousand & 736 Dollars, which the bank covered at a base exchange rate of 1,310 Dinars per Dollar for documentary credits & international settlements for electronic cards, at a price of 1,310 Dinars per Dollar for external transfers & at a price of 1,305 Dinars per Dollar in cash. Most of the bank’s Dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 252 million, 154,736 Dollars, an increase of 90% over cash sales of 25 million & 200 thousand Dollars.

Here's some articles of GCR concerns... How to destroy the Republic in just a few short years. Treat as rumors. Not verified. Your opine. FROM OTHER SOURCES: Key Underlying Interest Rate Could Rise In The Future – Fed’s Waller. ARTICLE: A major underlying interest rate could increase in the future, although it is too early to tell if this will come to pass, according to Federal Reserve Governor Christopher Waller. Speaking from prepared remarks at an event in Iceland, Waller, who is seen by analysts as one of the most prominent voices on the U.S. central bank, said there has “been a lot of debate” around whether or not so-called “R-star” has increased. R-star has been interpreted as the supposed level of interest rates that neither stimulates nor restricts the economy & leaves inflation anchored at the Fed’s target pace. While it is widely viewed as an uncertain figure, it has also been seen as a tool to help assess the impact of monetary policy at a given time. Recently, Fed officials have been openly wondering if R-star is set to move higher, particularly as economic activity in the U.S. has remained resilient despite an extended period of elevated interest rates. If this were to be the case, then it could signify the start of a new era of higher borrowing costs. One central factor Waller addressed was increased demand for Treasury debt issuance versus supply. Should growth in the supply of U.S. Treasuries begin to outstrip demand, he argued, “more upward pressure” may be placed on R-star. However, he flagged that “only time will tell how large a factor the U.S. fiscal position will be in affecting R-star.” In his speech, Waller did not comment on short-term inflation trends or the outlook for interest rates in the run-up to the rate-setting Federal Open Market Committee’s next monthly meeting. FROM OTHER SOURCES: The WB Expects Oil Prices To Exceed $100 As The Conflict Escalates In The Middle East. ARTICLE: The World Bank said on Friday that the disruption of oil supplies if the conflict escalates in the Middle East could lead to a rise in global inflation rates. The bank said in a report published today that a severe price disruption could lead to oil prices exceeding $100 per barrel, which would increase inflation in 2024 by about one percentage point. He added that the continuation of geopolitical tensions over the past two years led to a rise in the prices of oil & many other commodities even as global growth slowed. For example, the price of Brent crude jumped to $91 per barrel earlier this month, about $34 per barrel more than the average for the 2015-2019 period. The bank’s forecasts indicate that Brent crude prices will reach $84 per barrel on average in 2024 before falling to $79 on average in 2025, assuming there are no disruptions to oil supplies due to the conflict. But if conflict in the Middle East escalates, these unrest could push global inflation rates higher. The report added, “If minor disturbances occur, it may lead to raising the average price of Brent crude to $92 per barrel during the current year.” According to the report, severe unrest could lead oil prices to exceed $100 per barrel, raising global inflation in 2024 by about 1 percentage point. The report also noted that the average price of gold – a popular choice for investors looking for a “safe haven” – is expected to reach a record level in 2024 before declining slightly in 2025. Gold enjoys a special status among assets & its price often rises during periods of uncertainty in geopolitical conditions & public policies, including conflicts. The bank stated that, strong demand from several central banks in developing countries, coupled with increasing geopolitical challenges, is expected to boost gold prices throughout 2024. The report indicates that the escalation of conflict in the Middle East could also lead to higher prices for natural gas, fertilizers & food & the region is an important supplier of gas – 20% of the global trade volume of liquefied natural gas passes through the Strait of Hormuz. The bank warned that if LNG supplies are cut off, fertilizer prices will also rise significantly, which will likely lead to higher food prices. According to World Bank forecasts, food prices will generally fall somewhat – by 6% in 2024 and 4% in 2025. Fertilizer prices are expected to fall by 22% in 2024 & 6% in 2025. The bank’s report pointed out that the acceleration of investment in green technology has led to a strengthening of the prices of key metals, which are critical to the global transition to clean energy. Copper prices – the main component used in electricity grid infrastructure and the electric vehicle industry – rose to their highest level in two years this month, according to the report. The World Bank added that it is expected to rise by 5% in 2024 before stabilizing in 2025. Aluminum prices are expected to rise by 2% in 2024 & 4% in 2025, supported in particular by the production of electric cars, solar panels & other products. Renewable energy infrastructure. Shafaq.com.

Here's an article of Dinarian interests... Will America Make it to the 2024 election? Inflation is out of control. The economy is breaking down. We are being lied to about the economy. We need this GCR right now. Go RV. Treat as a rumor. Not verified. Your opine. From Other Sources: Inflation Soars As The Economy Grinds to a Halt. ARTICLE: It’s official: Inflation is soaring while the economy grinds to a halt. As Business Insider put it, “The US economy may be barreling towards stagflation, an outcome worse than recession.” Last time they screwed up this bad we got years of double-digit unemployment *and* double-digit inflation. It only ended with a brutal Fed-engineered recession that cost Jimmy Carter the 1980 election. Will history repeat itself? Will this cost Biden the next election. See video at source...Google key words in title.

Here's an article that is of GCR concerns... Inflation is a global issue. The good news...consumers are fighting back. The best way to increase purchasing power & stop inflation... RV the global currencies, end trade wars & currency manipulation. Treat as a rumor. Not verified. Your opine. From Other Sources: Consumers Are Increasingly Pushing Back Against Price Increases & winning. ARTICLE: Inflation has changed the way many Americans shop. Now, those changes in consumer spending habits are helping to bring down inflation. Fed up with prices that remain about 19%, on average, above where they were before the pandemic, consumers are fighting back. In grocery stores, they’re shifting away from name brands to store-brand items, switching to discount stores or simply buying fewer items like snacks or gourmet foods. More Americans are buying used cars, too, rather than new, forcing some dealers to provide discounts on new cars again. But the growing consumer pushback to what critics condemn as price-gouging has been most evident with food as well as with consumer goods like paper towels & napkins. In recent months, consumer resistance has led large food companies to respond by sharply slowing their price increases from the peaks of the past three years. This doesn’t mean grocery prices will fall back to their levels of a few years ago, though with some items, including eggs, apples & milk, prices are below their peaks. But the milder increases in food prices should help further cool overall inflation, which is down sharply from a peak of 9.1% in 2022 to 3.1%. From Other Sources: Public frustration With Prices Is A Hot 2024 Campaign Issue. Blaming Trump For Inflation Incurred Under Biden's Watch No Longer Hacks It Anymore With The Voters. ARTICLE: Public frustration with prices has become a central issue in President Joe Biden’s bid for re-election. Polls show that despite the dramatic decline in inflation, many consumers are unhappy that prices remain so much higher than they were before inflation began accelerating in 2021. Biden has echoed the criticism of many left-leaning economists that corporations jacked up their prices more than was needed to cover their own higher costs, allowing themselves to boost their profits. The WH has also attacked “shrinkflation,” whereby a company, rather than raising the price of a product, instead shrinks the amount inside the package. In a video released on Super Bowl Sunday, Biden denounced shrinkflation as a “rip-off.” Consumer pushback against high prices suggests to many economists that inflation should further ease. That would make this bout of inflation markedly different from the debilitating price spikes of the 1970s & early 1980s, which took longer to defeat. When high inflation persists, consumers often develop an inflationary psychology: Ever-rising prices lead them to accelerate their purchases before costs rise further, a trend that can itself perpetuate inflation. Biden has yet refused to take any responsibility for inflation & continues to shift blame to the former administration or falsely claim inflation is under control or is currently at 0%.

Here's an article of Dinarian interests... USD speculation blamed for runaway Iraq inflation. Greed & price manipulation by the corrupt are the real causes. Treat as a rumor. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Parliamentary Finance: Speculators Continue To Manipulate The Selling Prices Of Goods & Commodities Under The Pretext Of The Dollar. ARTICLE: The Parliamentary Finance Committee confirmed, on Sunday, that price speculators continue their suspicious trade by manipulating the selling prices of goods & commodities to an exaggerated extent under the pretext of the rise in the price of the Dollar. The head of the committee, Atwan Al-Atwani, said in a statement, a copy of which was received by a news agency, that “despite the government’s keenness to provide all the necessary financial facilities & support to all merchants, the greedy among them & the speculators are still living off crises by maximizing their profits & inflating their coffers, at the expense of their livelihood.” the poor”. He added, “These speculators & profiteers did not give any consideration or respect to the government’s commitment to provide hard currency for their commercial transactions through the official CBI platform, as they continue their suspicious trade by manipulating the selling prices of goods & commodities to an exaggerated extent under the pretext of the high price of the Dollar, even though they import them at the official price.” “. Al-Atwani called on “the government & its regulatory agencies to tighten control over the market, to ensure price stability & to impose the harshest penalties on weak-minded traders, so that they can serve as an example to others.”

Here's an article of Dinarian interests... Iraq inflation decreases. Could poverty & the lack of jobs have anything to do with it? Who has any money to spend? Treat as a rumor. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Planning Announces The Decline In The Inflation Rate Last July. ARTICLE: The Ministry of Planning announced a decrease in the inflation rate during the month of July, by (0.6%), compared to what it was in the month of June that preceded it. The official spokesman for the ministry, Abdul Zahra Al-Hindawi, said in a statement, a copy of which a news agency received, that “the Central Statistical Organization recorded a decline in the inflation rate during the month of July, by (0.6%), compared to what it was in the month of June that preceded it.” “. He added, “The decrease in the inflation rate was affected by the decrease in the prices of the food & non-alcoholic beverages section, by (0.2%).” He pointed out that the prices of milk, cheese & eggs decreased by (1.6%), while the prices of vegetables decreased by (1.5%), oils & fats decreased by (1.6%), while the prices of fish & non-alcoholic beverages decreased by (0.5%). & (0.4%), respectively. He pointed out that “the sections of tobacco, clothing, shoes, supplies & equipment, health, transportation, education, restaurants & miscellaneous goods & services recorded a slight increase in their prices during the month of July, ranging between (0.1%) and (0.6%), with the exception of the housing section, which recorded an increase by (2.2%). %), while the prices of the entertainment department decreased by (0.1%). Regarding the annual inflation, Al-Hindawi stated that it “increased by (3.5%) in July this year, compared to what it was in the same month of last year 2022.” He explained that “the Central Statistical Organization updated the entire food basket during the month of June, in addition to updating the prices of phones, computers & cars,” noting that “the sample that is being monitored in the markets includes all goods and services, the number of which is (333) goods & services, with an average rate of The monthly expenditure on it is 88% of the total per capita expenditure.

Here's an article from Dinarland... Iraq economics advisor warn of inflation. Iraq must grow the economy before the RV-RI. Treat as a rumor. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Deleting Zeros & Printing A New Currency Will Raise Inflation. Special|..Economic expert Ahmed Saddam warned today, Thursday, against printing a new currency, pointing out that this will lead to an increase in the level of inflation. Saddam said in an interview with Al-Jarida , that “printing a new currency with no expansion of non-oil commodity production, i.e. the absence of real growth in non-oil domestic product, will lead to raising the level of inflation, meaning the depreciation of the currency against the Dollar & the instability of prices & therefore no. This can be considered a solution that alleviates the monetary crisis in Iraq. He explained, “Resorting to deleting zeros, this option cannot work unless there is stability in the Dollar ER, economic diversification & political stability & these conditions are not available in Iraq at present, meaning that deleting zeros under the current circumstances may be feasible only from a computational point of view.” If there will be ease in transactions in large numbers, no more & this procedure is not feasible if we take into account the costs that the central bank will bear to print a new currency. The Banking System Is Facing Serious Disturbances: Cash Withdrawal Operations Are Expanding! The economic advisor, Ziyad Al-Hashemi, said today, Wednesday, that the operations of withdrawing cash balances from accounts with local banks are among the dangerous signs that indicate a weakness in the level of confidence & concern about the loss of the monetary value of savings in Iraqi banks, which led to the tendency of dealers to withdraw their savings from the Dinar & search for Dollars.. And Al-Hashemi told a news agency that the fever of these withdrawals may expand as a result of the continued rise in ER & the state of turmoil in the banking system remaining unresolved & this will generate a significant decrease in the cash balances with banks & this may eventually lead to the collapse of those banks & the declaration of their bankruptcy.. Al-Hashemi added, “This dangerous scenario reminds us of the collapse of US banks that occurred a few months ago as a result of the widespread & continuous cash withdrawal by dealers & this caused great confusion in the US banking system, which prompted the US Federal Reserve to intervene urgently to save the US banking system.”

Here's an article of Dinarian interests.... Iraqi Inflation & Corruption Are Top Priority. Treat as a rumor. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Sudanese Consultant Recommends Providing A Climate Of Competition To Reduce Exploitation & Price Speculation. ARTICLE: Today, Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, recommended the need to provide a climate of competition to limit exploitation & price speculation. In an interview followed by Al-Malooma Agency, Saleh said, “In order to ensure competitiveness in the market & reduce liberal chaos in the exchange sector, we must return to the bonds of social market institutions by spreading consumer & production cooperatives that practice competitive price discipline & quality control at the same time.” He added, “Methods of fraud & commercial deception are still causing severe damage to the interests of the public & exploiting them through price speculations & goods & services far from quality control for the sake of illegal gain at the expense of the citizen’s limited income.” Saleh pointed out that “the poor quality of the processed goods, which are supplied from not internationally recognized mills, are not subject to quality or quality control.” He pointed out that “this is the biggest waste in suppressing the competitiveness of the economy & reducing the consumer’s benefit & levels of legal protection in accordance with the accepted national & international standards in trading goods & services within the national market.” Luigi asks...Whats the best way to control Iraq inflation & purchasing power? RV, RV, RV, RV, NOW.

Here's an article of Dinarian interests.. Overspending on Budget Law will lead to inflation. IMF issues warning of inflation in the IQD. All the more reason why Iraq must RV-RI, now. Treat as a rumor. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: IMF Comments On Iraq’s Budget & Re-Warns Of “Inflation” In The Currency. ARTICLE: Today, Monday, the American “Financial Post” newspaper reported a warning that it said was issued by the IMF to the Iraqi government regarding the Budget Law in its current form after its approval after four continuous days of deliberation & political problems between Baghdad & the Kurdistan region of Iraq. A newspaper said, according to what it translated, that “the Iraqi government under the administration of the current Prime Minister, Muhammad Shia’a al-Sudani, passed the” largest budget “in the history of Iraq, amounting to 153 billion US dollars,” explaining that “the IMF issued a warning to the Sudanese on the atheist & the 30th of last May about the government’s spending of such large sums, given the current economic conditions. The newspaper pointed out that the IMF concern is due to fears that large government spending will lead to inflation in the Iraqi currency, the IQD, which in turn leads to a spiral of economic deterioration affecting the future of the country, according to its description. It is noteworthy that Iraq recorded a decline in inflation rates during the month of April, which reached 1%, with the CBI heading towards buying large quantities of gold to support the local economy. For his part, the CBI announced that the country has become in the thirtieth place internationally with the quantities of gold reserves stored.

Here's an article of Dinarian interests... Iraq takes bold step to control inflation. It would appear Iraq wants to lock in the current official ER for a long time. The official exchange rate is 1,470 IQD to the USD. Treat as a rumor. Not verified. Your opine. Bondlady's Corner via TLM724: ARTICLE: The Council of Ministers Oblige the CBI Governor To Sell Goods & Services According To The Official Exchange Rate Of 1,470 IQD To The USD. The CBI Governor, Mustafa Makhaif, today, called on today, Tuesday, on the mechanism to deal with the banks in Iraq & the problem with inflation in Iraq.