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Here's some articles of Dinarian interests... Minister Of Finance Meets With WB Delegation. Treat as rumors. Not verified. Your opine. TNT via Tishwash: Minister Of Finance Meets With WB Delegation. ARTICLE: Iraq’s Minister of Finance met yesterday with the World Bank delegation for the Middle East & North Africa to discuss cooperation opportunities & economic reform in Iraq. With a shared vision of economic reform and expansion of major development programmes, Iraq’s visible commitment to streamlining banking procedures to create an attractive environment for investments, enhancing the role of the private sector to reduce imports, and maximising non-oil revenues by automating tax and customs systems and enhancing public treasury resources was at the centre of the discussions. & Minister Mohammed highlighted the leading role of the private sector as a strategic objective in Iraq’s economic development to ensure the resilience of the Iraqi economy, alongside the importance of partnerships with int'l institutions to advance the nat'l economic landscape. The World Bank’s Int'l Bank for Reconstruction & Development (IBRD) & the Int'l Development Association (IDA) have 23 projects in Iraq with a total commitment of $ 6.64 billion Dollars including in areas such as infrastructure, health & transport. Tishwash: Parliament Will Hold A Special Session Next Week To Elect The President Of The Republic. ARTICLE: A parliamentary source revealed on Thursday the date of the session to elect the President of the Republic in the Iraqi Parliament, indicating that the date came after several meetings with the political blocs. The source told Shafaq News Agency that "the Speaker of Parliament held meetings with the political blocs to convene a session to elect the President of the Republic within the specified constitutional timeframe." He added that "the session will be held either on Monday or Tuesday of next week, before the end of the constitutional deadline," explaining that "before the session to elect the president of the republic, there will be a parliamentary session held on Sunday to discuss the security situation & securing the Iraqi borders, in the presence of the Ministers of Interior and Defense & the security leaders & that the session will be private & closed." The Iraqi Parliament Presidency announced in the middle of this month the names of the candidates who met the legal requirements to run for the position of President of the Republic of Iraq, based on the provisions of Article (4) of the Law on the Provisions of Nomination for the Position No. (8) of 2012 & their number reached 15 candidates. Later, the Federal Court ruled on the appeals of the candidates for the position & reinstated 4 names as candidates for the position, bringing the final number to 19 candidates. Tishwash: A Meeting & Dinner Brings Together Al-Sudani & Savaya In Baghdad ARTICLE: An informed source revealed on Thursday that Trump's envoy, Mark Savva, arrived in Baghdad, where he was received by PM Mohammed Shia al-Sudani at his office. The source told Video News Agency that al-Sudani and Savva held an official meeting & also dined together during the meeting, which took place at the PM's office. Tishwash: Trump Appreciates Iraq's Efforts In Supporting Regional Stability During This Sensitive Period. ARTICLE: US President Donald Trump praised Iraq's efforts in supporting stability in the region during this sensitive period. The PM's Media Office stated in a statement, a copy of which was received by Al-Furat News, that: "PM Mohammed Shia Al-Sudani received, today, Thursday, the US President's Special Envoy to Syria, Thomas Barak, during which the situation in the region & developments in the Syrian arena were discussed." Al-Sudani stressed "the importance of security in Syria for Iraq & the region & the need for cooperation in order to establish stability & ensure the unity of Syrian territory." He also noted the "constructive partnership between Iraq & the US in combating terrorism, laying the foundations for economic cooperation & sustainable development & supporting bilateral & regional efforts for prosperity in Iraq & the region." For his part, Barak conveyed to Al-Sudani, according to the statement, the appreciation of the US President for the Iraqi government’s efforts in supporting stability in the region & managing Iraq’s positions during this sensitive stage. He also praised the steps taken by the Sudanese government & the performance of the Iraqi security forces in combating terrorism, as well as Iraq’s openness to int'l investments & the establishment of economic interdependence, which constituted an important factor for stability.

Here's some articles of Dinarian interests... Direct From The SANDBOX Report. The WB Finances The Iraqi Railway Project With $930 Million. Treat as rumors. Not verified. Your opine. The WB Finances The Iraqi Railway Project With $930 Million. ARTICLE: The Ministry of Transport announced on Friday that it had obtained WB approval to finance a $930 million loan to rehabilitate the existing railway line, while pointing to a plan to connect Iraq's railways to the ports of Faw & Umm Qasr, all the way to Turkey. The Ministry of Transport's media director, Maitham Al-Safi, said, "The maritime railway connection plan that the ministry is working on under the supervision of Transport Minister Razzaq Muhaibis Al-Saadawi, includes linking the existing railways to the Grand Faw & Umm Qasr ports, heading towards the northern regions & reaching Turkey. "He explained that "the plan represents an integrated government vision for operating the 1st phase of the Grand Faw Port project, which includes five berths & completion rates have reached very advanced stages." He pointed out that "this approach contributes to achieving multimodal transport goals, paves the way for connecting Iraq to the European continent & strengthening its role as a regional logistics hub." He added that “the Development Road Project – Phase One is not limited to linking southern Iraq to its north, but rather serves as the foundation for the Strategic Development Road project, the detailed designs of which have reached advanced stages.” He noted that “the project will provide multiple future connections with Europe, whether via the current road or across its three strategic phases.” He pointed out that “the strategic dimension of this plan is to transform Iraq into a hub for regional & int'l transport & trade,” noting that “the negotiations of the assigned government committee, headed by the Minister of Planning & including a team from the Ministry of Transport, with the WB resulted in the bank’s approval to finance Iraq with a $930 million loan, allocated to rehabilitating the current railway line & upgrading the technical & administrative capabilities of the General Railways Company.” He pointed out that “the loan will cover the modernization of the locomotive fleet, the renewal of maintenance workshops & the development of infrastructure, in addition to providing technical support to enhance the efficiency of institutional performance & modernize railway transport systems within the framework of a comprehensive reform vision.” He continued, “This project represents a qualitative leap in the transport sector & enhances integration between maritime & railway transport, putting Iraq on the right path to achieving sustainable development & expanding its strategic role in int'l trade.” Planning Reveals The Contents Of The 3rd Poverty Reduction Strategy. The Ministry of Planning revealed, on Friday, the contents of the 3rd anti-poverty strategy for the years 2026-2030. Ministry spokesman Abdul Zahra Al-Hindawi said: "The Higher Technical Committee, headed by Deputy PM & Minister of Planning Mohammed Tamim, approved the 3rd anti-poverty strategy for the years 2026-2030, during its meeting held at the end of last week." He pointed out that "the approved strategy will be submitted to the Council of Ministers for approval in its final & official form, to enter into force from early 2026 until the end of 2030." He added that "the strategy includes seven main axes, from which more than 38 activities spread across various sectors emerge. These axes focus on supporting the poor & vulnerable groups in the following areas: health, housing, education, income & food, in addition to the care of the elderly & people with disabilities, children & women's empowerment & dealing with the effects of climate change & confronting emergencies such as epidemics & others." He pointed out that "the Ministry of Planning has developed general policies, plans & procedures, while the implementation of activities will be undertaken by relevant sectoral bodies, such as the Ministries of Construction & Housing, Education, Higher Education, Labor & Social Affairs, as well as local governments & the private sector, which is a partner in the Supreme Technical Committee, as well as the Ministry of Health, the General Secretariat of the Council of Ministers & the Kurdistan Region." He explained that "the strategy aims to reduce the poverty rate in Iraq by 50% over the next five years, from the current 17.5% to between 8-9%, & if it succeeds in achieving this, it will be considered a major achievement." Oil Heads For Weekly Losses As Middle East Supply Risks Fade. Oil is set to decline this week as the ceasefire between Iran & Israel holds and concerns about supply disruptions in the Middle East recede. Brent crude futures rose 34 cents, or 0.5%, to $68.07 a barrel, while US West Texas Intermediate crude rose 33 cents, or 0.51%, to $65.57 a barrel. Both benchmarks are on track to decline about 12% for the week. Gold Heads For 2nd Weekly Loss. What About Other Metals? Gold prices fell on Friday, heading for a second weekly loss, as safe-haven demand was impacted by the ceasefire between Israel & Iran & progress on the US-China trade deal, while investors awaited US inflation data. Spot gold fell 1.2% to $3,288.55 per ounce by 06:43 GMT. The yellow metal's price has fallen 2.3% so far this week. US gold futures fell 1.4% to $3,300.40, according to Reuters. "The market seems very bullish on risk assets, so that is impacting gold prices," said Soni Kumari, a commodities economist at ANZ. Kumari added that the de-escalation in the Middle East following the ceasefire & progress in US-China trade talks reduces market uncertainty, leading to further price declines. Iranians & Israelis welcomed the return of normal life after 12 days of the most violent confrontation ever between the two sides, which ended with a ceasefire that took effect on Tuesday. A WH official said Thursday that the US has reached an agreement with China on how to expedite shipments of rare earth minerals to the US amid efforts to end the trade war between the world's two largest economies. Investors are awaiting US core personal consumption expenditures data, due at 12:30 GMT, for further clarity on the Federal Reserve's monetary policy outlook. Analysts polled by Reuters expect a 0.1% monthly increase & a 2.6% annual increase. Markets currently expect interest rates to be cut by 63 basis points this year, starting in September. US President Donald Trump says slowing inflation means the Federal Reserve should cut interest rates, but only two US central bank policymakers have so far indicated they are considering a rate cut at the central bank's July meeting. Among other precious metals, spot silver fell 0.5% to $36.44 per ounce, platinum fell 2.8% to $1,378.18 after hitting its highest level in nearly 11 years & palladium rose 0.3% to $1,135.36, its highest level since October 2024.

Here's some articles of Dinarian interests... Direct From The SANDBOX Report. -The Minister Of Commerce Discusses Ways Of Joint Economic Cooperation With The CEO Of The US Company (AGMS). -The World Bank Announces Its Readiness To Provide Project Financing Facilities In Iraq. -Ports Launch A Digital System For Controlling And Auditing Invoices. -Al-Sudani: The Return Of The Arab Bank Is Important And Reflects The State Of Political And Economic Stability. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: The Minister Of Commerce Discusses Ways Of Joint Economic Cooperation With The CEO Of The US Company (AGMS). ARTICLE: Minister of Trade Atheer Dawood Al-Ghariri discussed with the President of the American company (AGMS) ways of joint economic cooperation. The Ministry of Trade said in a statement that "Minister of Trade, Atheer Dawood Al-Ghariri, met today, Sunday, with the President of the American company (AGMS), Dr. Eisen & his accompanying delegation & discussed with him the prospects of joint economic cooperation & ways for American companies to enter the Iraqi market. During the meeting, the Minister stressed the importance of building real strategic partnerships with American companies, in a way that achieves common economic interests that benefit the national economy. The two sides discussed the possibility of establishing an American hospital in Iraq, with the aim of transferring expertise & successful experiences in the field of health services & strengthening the infrastructure of the health sector, which contributes to providing advanced medical services to citizens. Minister Al-Ghariri expressed the ministry's readiness to provide all necessary facilities for the success of this initiative, stressing his full commitment to facilitating all procedures for American companies wishing to invest in Iraq, especially in vital sectors that have a direct impact on the lives of citizens. For his part, the President of the company (AGMS) expressed his appreciation for the role of the Ministry of Trade in creating an attractive environment for investment, stressing that Iraq is a promising market for American companies, which Looking forward to expanding areas of cooperation, especially with regard to providing job opportunities for youth & contributing to the development of vital services & infrastructure. The WB Bank Announces Its Readiness To Provide Project Financing Facilities In Iraq. PM Mohammed Shia al-Sudani stressed on Sunday the importance of private sector projects receiving support from the WB. The PM's media office said in a statement received by Al-Eqtisad News that "Prime Minister Mohammed Shia Al-Sudani received the WB's Vice President for the Middle East & North Africa Region, Ousmane Dione & his accompanying delegation." The WB delegation, according to the statement, reviewed "the projects under discussion with the ministries and relevant authorities in Iraq, in the railway, highway & energy sectors, including the fixed gas platform in the port of Faw & the Ministry of Electricity's plan for the coming years to expand electricity production, transmission & distribution & other infrastructure projects. " The PM appreciated "the WB's efforts in supporting Iraq," stressing the importance of "private sector projects receiving support from the bank through the Int'l Finance Corporation (IFC)." For his part, the head of the delegation expressed "the WB's readiness to stand with Iraq in its development renaissance in all fields, as well as its readiness to provide facilities in financing projects, including private sector projects." Ports Launch A Digital System For Controlling & Auditing Invoices. The Border Ports Authority has adopted an integrated digital system that includes pre-inspection programs, import license verification, sonar linking & electronic goods analysis. This is part of a government plan to improve customs work efficiency & accelerate information exchange with relevant authorities. The head of the ports, Major General Omar Al-Waili, said in a statement yesterday that “the border ports are now adopting electronic programs to verify the entry of goods and prevent smuggling, such as the pre-inspection program, the import license program, the exempted goods program & the audit of invoices & certificates of origin.” He added, “Pre-inspection also includes cross-referencing inspection results with inspection companies & the Standardization & Quality Control Authority, in addition to networking sonar & analysis of goods arriving into the country & electronic communication with most departments operating at the border ports for integration, coordination & electronic information exchange to quickly seize violating materials.” The authority also seized 15 vehicles of substandard models intended for smuggling at the Umm Qasr Middle Port. A statement received by Al-Zaman yesterday stated that “based on the directives of the Commander-in-Chief of the Armed Forces, Mohammed Shia Al-Sudani, the ports continue to implement operations to seize vehicles without the model permitted to be imported & intended to be smuggled by the weak-minded, as the Directorate of the Umm Qasr Middle Port, in cooperation with the Customs Center & Customs Police, was able to seize three 40-foot containers containing 15 Toyota Crown vehicles without the model permitted to be imported, prepared for smuggling. ”It indicated that “a formal seizure report was prepared & the vehicles were referred to the Umm Qasr Customs Police Station to take appropriate legal action against all those involved in the matter so that they receive their just punishment in accordance with the law.” The statement continued, "The Arar Border Customs Center arrested the owner of a Tahoe tourist vehicle with Dubai license plates who was intending to leave for the Kingdom of Saudi Arabia without paying the late fees due on the vehicle." Meanwhile, the National Security Service foiled two drug smuggling operations using innovative methods after hiding the drugs in electrical devices & sandals. A statement received by Al-Zaman yesterday said that "the Service's detachments succeeded in thwarting two separate attempts to smuggle drugs in the governorates of Baghdad & Basra, revealing various methods used by smugglers to conceal these toxins." Professional Style: He added, "The detachments succeeded in arresting a drug dealer who used a professional method of hiding narcotics inside electrical appliances & equipment. The operation resulted in the seizure of 700 grams of crystal meth inside these devices. "He confirmed that "the apparatus' detachments in Basra carried out a second special operation that resulted in the arrest of another suspect who used a different method, as he deliberately hid 400 grams of crystal meth inside a sandal." Meanwhile, Interior Minister Abdul Amir Al-Shammari directed the formation of 226 main & sub-committees to inspect & evaluate the work of police stations in Baghdad & the governorates. A statement received by Al-Zaman yesterday said that "Al-Shammari chaired a conference of the main and sub-committees of the Baghdad & governorate police commands, in the presence of the Undersecretary of the Ministry for Police Affairs, where he directed the formation of more than 226 main & sub-inspection committees to evaluate the work of police stations in 16 police commands in the governorates." Al-Shammari stressed that "the committees must submit their reports within seven days of commencing their work." Smuggling Attempt: In a related development, the General Authority of Customs thwarted an attempt to smuggle two vehicles without the model allowed to be imported through Umm Qasr Port. A statement received by Al-Zaman yesterday explained that “the Umm Qasr Middle Customs Center in Umm Qasr Port was able to thwart an attempt to smuggle two Jeep vehicles without the model allowed to be imported. Al-Sudani: The Return Of The Arab Bank Is Important & Reflects The State Of Political & Economic Stability. PM Mohammed Shia al-Sudani stressed on Sunday that the return of the Arab Bank is important & reflects the state of political & economic stability. The PM's media office said in a statement seen by Al-Eqtisad News, "PM Mohammed Shia al-Sudani received, today, Sunday, a delegation from the Arab Bank, headed by Sabih al-Masri, Chairman of the Bank's Board of Directors, accompanied by a number of members of the Bank's Board of Directors, on the occasion of the upcoming opening of the Bank's branch (Arab Bank/Iraq) in the capital, Baghdad." ”The statement confirmed that “the seizure operation was carried out through joint cooperation with the Border Ports Authority & supporting government agencies in the port, with support from the Customs Police.” The Authority had previously announced the activities of the customs centers & investigation & anti-smuggling departments. The statement pointed out that "the Investigation and Anti-Smuggling Department of the Central Region Customs Directorate seized 11 trucks loaded with carpet, cardboard, silicone, plastic granules, cigarettes, motorcycles, spare parts, hair shampoo & chicken breast," adding that "the Investigation & Anti-Smuggling Department of the Northern Region Customs Directorate succeeded in seizing four trucks loaded with household supplies, accessories, iron, milk, motorcycles & spare parts."

Luigi found this article of Dinarian interests... World Bank message...short, sweet & to the point. Treat as a rumor. Not verified. Your opine. Samson: Article: The World Bank warns of the impact of the delay in forming the government & approving of the 2022 Budget on the growth of Iraq's economy.

The World Bank: A global initiative to recover smuggled Iraqi funds 2021-02-01 07:01 Shafaq News / The World Bank confirmed that changing the exchange rate of the Iraqi dinar against the US dollar gives the state the ability to increase its revenues and face imports from abroad. As he indicated that his financial portfolio in Iraq currently amounts to two billion dollars, he revealed a global initiative that the World Bank is working on to recover money smuggled from countries. The Special Representative of the World Bank Mission in Iraq, Ramzi Numan, said in an interview published by the Iraqi government news agency and seen by Shafaq News Agency; "The partnership relationship between the World Bank and Iraq is very close and is based on years of joint work, pointing out that" Iraq enjoys a very important position at the Arab and global level, and that the World Bank was next to Iraq in the various stages of stability and peace, or in the stages to which it was exposed. To the attacks or changing economic conditions, which led to difficult repercussions on the government and people of Iraq, and actual work began with Iraq, I think, in the years 2006 and 2007 through a group of projects. He added that "the World Bank's portfolio in Iraq currently amounts to two billion dollars and that these loans were signed about two or three years ago," noting that "the main pillar in it is a loan to reconstruct the liberated areas and the result of the request came after the beginning of the first phase of liberation, that is, the liberation of Salah Governorate." The debt was then supplemented with an additional amount after the liberation of the rest of the governorates. And that "this current portfolio in Iraq includes projects under implementation and projects or loans due and that the World Bank is working to implement projects associated with them." Regarding the change of the exchange rate of the dollar in the auction of selling the Iraqi currency, he pointed out that "changing the exchange rate aims to give the state the ability to increase its revenues, especially since the sale of oil in hard currency and converting it into the reality of the Iraqi dinar gives it a financial block that actually allows to increase revenues and reduce the deficit. He pointed out that "changing the exchange rate may allow facing imports from abroad because the domestic product becomes cheaper than what is imported from neighboring countries." He explained that "the strategic objective of changing the exchange rate is to work to strengthen the local product and local industries to be able to face the external product, reinforced by measures to protect the product." He stressed "the need to address the increase in prices and the seriousness of inflation, and focus on projects that actually allow facing the social distress of the poor." He continued that "the idea of raising the price of the dollar is an international policy that the Ministry of Finance, the Ministry of Planning, and the Iraqi government have participated in, especially the International Monetary Fund," explaining that "Iraq is now in the plight of the financial deficit and it has nothing but borrowing, either internally or externally," indicating that "Internal borrowing threatens the reserves of the central bank, just as using it to fill the deficit removes the possibility of investment in productive opportunities that allow the development of the private sector, while external borrowing has its components and conditions that are based on debt sustainability, subsequent repayment capabilities, financial and monetary stability, and this financial engineering must be looked at in an integrated manner." From which one can consider lowering the currency rate. " He revealed "there is a global initiative that a team from the World Bank is working on in coordination with international organizations to recover money smuggled from countries," announcing that special departments of the Ministry of Finance are linked to the World Bank's initiative, indicating that "the World Bank is ready to provide technical support."

URGENT: Luigi found these news articles of Dinarian interests... Can another IQD devaluation be in the works? WB says so if Iraq wants it's help to solve it's financial troubles. These news articles are in the rumor section because of the Guru source. WB may be helping CBI to get the note count down from off the streets. Treat as rumor. Varafied from 2 news sources. Your opine. URGENT: Bond Lady's Corner: Iraq News: Al Araji: The World Bank asked Iraq to raise the the Dinar exchange rate to 1660. PRATHA News Agency: Al Araji has revealed that the World Bank had asked Iraq to change the USD-IQD echange rate to 1660 for it's help in solving the financial crisis.

Could this article if true, be the RV icing on the cake. Treat as a rumor until varafied. Your opine. 18 Nov 2015 Millionday!! Millionday: THIS REPORT IS FANTASTIC SO READ IT ALL Millionday: Omar Abdel-Latif, the World Bank advised the government to make major economic reforms during the next phase, to spare the Iraqi economy to be vulnerable to shocks, external crises in the long term, with the parliamentary finance committee Mazhb him supported the World Bank, describing the situation in Iraq and economic b »is very deteriorating »and he needed radical reforms. Millionday: WHOOPOW Millionday: THE WORLD BANK IS FUNDING A LOT OF AREAS THAT HAVE BEEN CLEARED OF TERRORISM — AND THEY ARE THE WORLD BANK SO OBVIOUSLY >>>WHOOPOW Millionday: He said the World Bank representative in Iraq, Robert Abu quality in a question raised by the« morning »via the Internet, that the austerity measures taken since the beginning of 2015, the fact that Iraq faced serious and urgent challenges, stressing that the drop in world oil prices and the war on gangs «Daash» terror led to a sharp deterioration in economic activity, public finance and balance of payments of the Iraqi state. Millionday: NOTE — THE WORLD BANK IS ASKING FOR MAJOR ECONOMIC REFORMS Millionday: He said Abu quality that there is a need to cut costs and enhance revenues and contain the deficit in 2016 measures, stressing the need to take government austerity measures, especially with the possibility of turning the situation Financial to «darker» than expected, as much as the export price of oil at $ 56, generates a deficit of 10 per cent of GDP. and between Abu quality that despite the expectation of higher oil exports, but there are challenges to the Iraqi government does not stop in front of addressing only the current crisis, but also provide significant economic reforms to make sure that Iraq’s economy will not be vulnerable to shocks, external crises in the long term. Millionday: NOTE — NOT ONLY REQUESTING ECONOMIC REFORMS BUT >>>>SIGNIFICANT ECONOMIC REFORMS — WHOOPOW

14 July 2015 IQD Updates... WASHINGTON DC – Iraq said Sunday it had signed a $350 million loan package to finance emergency projects in territories reclaimed from the Islamic State group known as ISIS, or Daesh in Arabic. The fund will be used for “emergency reconstruction of areas liberated from the Daesh terrorists,” the Iraqi finance ministry’s website said. The agreement, signed in Baghdad by Iraqi Finance Minister Hoshyar Zebari and the World Bank’s director for the Middle East, Ferid Belhaj, is part of a larger package from the World Bank, aimed at developing infrastructure in Iraq. “The loan comes in the framework of a technical and financial assistance from the World Bank that totals up to $1.7 billion in development plans in Iraq,” the ministry said. In Washington in April, Zebari met with World Bank officials and called for $2 billion for the budget and for reconstruction in the liberated areas. The war with ISIS and a drop in oil prices has placed a severe financial strain on Iraq, with its current budget running a $20 billion deficit. Luigi asks... Could these new loans delay the RV/RI? Can Iraq stand on it's own by 2016? Will Iran sep up as a team player in the region? What impact will this have on their economy? Is this more smoke & mirrors by the CABAL?