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To the executive branch to the central bank of Iraq


PrehistoricMan
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1 hour ago, GreedyDinar07 said:

Careello, who are you to tell me how to respond and when I used the term "Moron" I was referring to the GOI. I have been around since 2007 and if I want to comment that I am frustrated then I have a right to do so. Some of you guys are not happy unless we go along with the narrative and that is not how investing works. I never said Iraq owe us anything and you can keep your personal insults to your self. We are all here TO MAKE MONEY and I don't give a damn about how you feel about what I post. If you don't like what I post then don't read it but DO NOT tell me (In so many words) that I shouldn't respond unless I have a hopeful attitude. Life doesn't work that way. Some of us are tired of Iraq's BS because we have seen it all. Until there is a RV I will respond this way and since you are so "EDUCATED" about this investment what is the next move they will make? Right.. you have no idea and none of use do. We all have different perspectives and that is what makes this site interesting, so don't get upset when someone says something that you don't agree with. Was there a RV in January?..NO Was the Budget or HCL passed by the end of February? NO....80% of the dinar is in neighboring Countries and will never return to Iraq. So what is the hold up? If the World Bank and the IMF hadn't of introduced the White Paper I wouldn't be here reading any of these post. Is there hope? Yes, but in the meantime I am  at my wits end with hopes and dreams!! 

The correlo camel humper strikes again. Libs at their finest. Just like Jaygo.

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2 hours ago, GreedyDinar07 said:

I am  at my wits end

 

Greedy , being at wits end is not a bad place to be at for a iqd speculator,

imo we all find our place at wits end(s) table at some point in the journey

 and waiting becomes the norm riding the coat-tails .....

.... all the best 

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15 hours ago, 6ly410 said:
A report issued by the Al Furat Center for Development and Strategic Studies, which was prepared by a group of academics specializing in economics 

 

On 3/1/2021 at 4:20 AM, DinarThug said:

 Dismissal of the most failed finance minister, Abdul Amir Allawi

 
unnamed-3.jpg

again, these two are just someone opinion. just read it but don't take it seriously. even the goi, governor of cbi and the minister of finance will not read these. so don't be upset when some of you read these. just take it as entertainment porpose only.

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5 hours ago, 3n1 said:

 

Greedy , being at wits end is not a bad place to be at for a iqd speculator,

imo we all find our place at wits end(s) table at some point in the journey

 and waiting becomes the norm riding the coat-tails .....

.... all the best 

The thing is people have bought into this investment knowing the risks and on a wing and prayer! 

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1 hour ago, PrehistoricMan said:

None told me the risks at all before I bought.  

You are joking, right. Then, how did you know about the dinar in the first time? Who introduced you to buy dinar in the first place? Whom gave you the recommendation to buy dinar? Who told you to buy dinar? What did you have in mind when you bought dinar for the first time? A Get rich quick scheme investment with a higher rate at 3.22 or no risk no gain?

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Investing in Iraq: Perception vs. Reality

Despite decades of geopolitical turbulence, investors have long-eyed frontier markets like Iraq for high growth value investing

 
 
 

Iraq is not a place that immediately comes to mind when thinking of attractive investment opportunities. The country has faced difficulties in maintaining stability, especially after the invasion of Kuwait, the first and second Gulf wars, the 2003 regime change that overthrew Saddam Hussein, the civil war, and the presence of recuring extremists and terrorists groups. Iraq has also suffered severely from economic sanctions.

 

But investors like Geoffrey Batt, Managing Member of Euphrates Advisors, have been able to identify frontier markets like Iraq for high growth value investing.

 

“These markets can produce what are called historic equity re-ratings, where a stock market has its first ever bull market, really, and they tend to be extraordinary,” he says.

 

As the Civil War was coming to an end in 2007 between the Sunnis and Shias, he began to see indications of macroeconomic stability. The price of oil was rising, and the currency was strengthening against the dollar. He notes that it was “impossible to reconcile that data with this notion that Iraq was a failed state.”

 

“The investment is going to present itself a certain way, but to really find out if it is worthy of your money, to really find out if it is has the potential to give you the return that you are looking for, you have to look behind the veil and try and see the complexity for what it is so that you can truly, or at least better understand it,” he says.

 

The country has seen a massive oil production expansion and has grown to become the second biggest producer in OPEC. It’s GDP has seen double digit growth rate in recent years.

 

“There was this very wide gap between the perception of the country and the reality of the country,” he says. “That is where you find the very best investment and it’s a greater opportunity to make money because eventually that gap narrows. If you are right, people start to see that investment or that country in the way that you saw it initially, and that means more money flows in, and prices go up.”

 

Batt invests exclusively in Iraqi companies – from consumer-packaged goods and banks to telecommunications firms and e-commerce.

“Companies will high growth rates at much lower valuations because there is more risk,” he says.

 

Today, more than 100 companies are listed on the Iraq Stock Exchange. The Iraq Stock Exchange began in 2004, with help from the U.S. In 2009 it went electronic, attracting even more foreign investment to the cash-strapped economy.

 

For more than a decade he has seen the economy evolve and has recognized long-term capital appreciation. Specifically, with companies like Baghdad Soft Drinks, the Pepsi bottling and distribution company, of which he now owns 18% of it and sits on the board.

 

“When I first invested in 2008, sales were $64 million and this year, sales will be about $334 million. Sales have grown quite significantly over the last 12 years. Profit has grown even more,” he says. “Free cash flow generation has grown even more because the company has become more efficient, our margins have expanded by 1000 basis points over a decade.”

 

The coronavirus pandemic has no doubt exacerbated the oil-reliant economy. Iraq’s new Prime Minister released a white paper mapping out economic reform just last month, liberalizing their entire economy and highlighting the potential for its capital markets.

 

One of the ways in which he sees this transformation taking place already is with the widespread adoption of FinTech and e-commerce startups popping up. There’s a new generation of Iraqi citizens changing the shape of the country and the future of the economy.

 

Batt made an investment in a private tech startup last year called Miswag, which is attempting to be the e-commerce giant for the country.

 

“What you see in a lot of frontier markets and what you are beginning to see in Iraq are entrepreneurial people, both men and women, very much motivated by what they see happening in the United States, in Silicon Valley. Very tech savvy, intelligent young people in the country creating these clones,” he says.

 

 

https://www.realvision.com/blog/investing-in-iraq

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Holy Krap ! Kap Better Call His Mommy - It’s Another Dulaimi Tsunami ! :o 

 

 

And He Needs His Floaties ...

 

:D  :D  :D 

 

 

LINK

In order to build a broad popular coalition before the upcoming parliamentary elections

 
unnamed-3.jpg
 
 
 
19:20 - 02/03/2021 Books / Al-Dulaimi Star
 
 

First, it is necessary to abandon the idea of the so-called privatization program, which is notorious in its form and content, that is, transferring the wealth of the Iraqi people at a very, very cheap price to 1 percent, that is, for the benefit of the leaders of the parties, blocs and political currents influential today in power, and for the benefit of the administrative, bureaucratic and powerful bourgeoisie. The mafic shadow economy ……,?!, Then abandoning the so-called economic reform, or the excessive neoliberal approach in its brutality and aggression against the poor, needy and oppressed people with limited incomes

Secondly .. Work to reduce the exchange rate of the Iraqi dinar towards the US dollar to 1125 dinars per dollar for a period of 6 months only, and then return to the previous exchange rate of 1119 dinars for the Iraqi citizen. Setting the exchange rate of 1450 dinars to the dollar is an ill-considered act, a crazy act that confused the social, economic and financial life, created chaos and instability in the country, and worked to disrupt, or die, the movement in the Iraqi internal and external market, and this price has malicious goals and against the interests of the vast majority Of the Iraqi citizens, which paves the way for the purchase of state assets, factories and large factories…. Electricity and fuel stations, buying agricultural land ... Iraqi universities and institutes and the health sector ... That is, the sale of Iraq Land, people, and wealth for the benefit of the ruling mafia elite and for the benefit of regional and international powers and international institutions, including the International Monetary Fund and the World Bank ... Beware that, our Iraqi people

Third ... It is necessary to be fairly, without prejudice to the salaries of employees and retirees, under any justification, or under any designation, withholding, or under the name of income tax.

Fourth ... Work to enhance the role and position of the state in social, economic and financial life, and to strengthen popular and governmental oversight to curb the insane rise in the prices of all commodities in the market.

Fifthly, the demand for the dismissal of the Minister of Finance, Abdul Amir Allawi, the head of the Central Bank of Iraq, and the Minister of Planning ...

Sixth ... This dangerous approach that the vast majority of Iraqi citizens face is borne by the leaders of the political parties, blocs, and political currents that are influential today in power and from the three sectarian components. As for the executive and legislative authority ... .. it implements the directives of the leaders of the abhorrent and failed political, sectarian, and national quota system par excellence. The serious danger to the vast majority of the Iraqi people stems from the leaders of the quota system, who are linked in their interests with regional and international powers, and they work for the benefit of these forces and not for the benefit of the vast majority of the Iraqi people, and they work for the benefit of the 1 percent of the Iraqi people only.

Seventh ... the public and professional organizations of workers, peasants, students, women, national intellectuals, professors of Iraqi universities and institutes, employees, retirees, merchants, and earners must unify the above-mentioned demands and can be enriched, and that cooperation and coordination take place between them and the leaders of the peaceful youth October / October revolution and with the national, progressive and leftist political forces with the aim of Ending the undermining of the worst system in modern Iraq’s history, which is the abhorrent political, sectarian and national quota system, which failed par excellence and supported regionally ...,

Eighth .. It is necessary to legislate a clear and explicit law that prevents any political party from participating in the upcoming parliamentary elections and has an armed militia, and this includes all political parties that are influential today in power and from all three sectarian components. With international supervision over the upcoming parliamentary elections in terms of integrity, transparency, prevention of fraud, equality between political parties participating in the elections in the field of media and money, and preventing interference from influential people in the executive, legislative and judicial authority ... In the election process.

Ninth: Without realizing what was mentioned above and others, there is no meaning or value to participate in the upcoming parliamentary elections, and some influential political forces today in power from now are betting on their obtaining the position of prime minister, and if this is not done then the next parliamentary elections are considered fraud It is really strange that such statements ...?!?

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Brace Urselves - The Dulaimi Tsunami Has Been Drinking A ‘Fifthly’ ! :o 

 

:D  :D  :D 

 

 

LINK

In order to build a broad popular coalition before the upcoming parliamentary elections

 
unnamed-3.jpg
 
 
19:20 - 02/03/2021 Books / Al-Dulaimi Star
 
 

First, it is necessary to abandon the idea of the so-called privatization program, which is notorious in its form and content, that is, transferring the wealth of the Iraqi people at a very, very cheap price to 1 percent, that is, for the benefit of the leaders of the parties, blocs and political currents influential today in power, and for the benefit of the administrative, bureaucratic and powerful bourgeoisie. The mafic shadow economy ……,?!, 

Then abandoning the so-called economic reform, or the excessive neoliberal approach in its brutality and aggression against the poor, needy and oppressed people with limited incomes

Secondly .. Work to reduce the exchange rate of the Iraqi dinar towards the US dollar to 1125 dinars per dollar for a period of 6 months only, and then return to the previous exchange rate of 1119 dinars for the Iraqi citizen. Setting the exchange rate of 1450 dinars to the dollar is an ill-considered act, a crazy act that confused the social, economic and financial life, created chaos and instability in the country, and worked to disrupt, or die, the movement in the Iraqi internal and external market, and this price has malicious goals and against the interests of the vast majority Of the Iraqi citizens, which paves the way for the purchase of state assets, factories and large factories…. Electricity and fuel stations, buying agricultural land ... Iraqi universities and institutes and the health sector ... 

That is, the sale of Iraq Land, people, and wealth for the benefit of the ruling mafia elite and for the benefit of regional and international powers and international institutions, including the International Monetary Fund and the World Bank ... Beware that, our Iraqi people

Third ... It is necessary to be fairly, without prejudice to the salaries of employees and retirees, under any justification, or under any designation, withholding, or under the name of income tax.

Fourth ... Work to enhance the role and position of the state in social, economic and financial life, and to strengthen popular and governmental oversight to curb the insane rise in the prices of all commodities in the market.

 

Fifthly, the demand for the dismissal of the Minister of Finance, Abdul Amir Allawi, the head of the Central Bank of Iraq, and the Minister of Planning ...

 

Sixth ... This dangerous approach that the vast majority of Iraqi citizens face is borne by the leaders of the political parties, blocs, and political currents that are influential today in power and from the three sectarian components. As for the executive and legislative authority ... .. it implements the directives of the leaders of the abhorrent and failed political, sectarian, and national quota system par excellence. The serious danger to the vast majority of the Iraqi people stems from the leaders of the quota system, who are linked in their interests with regional and international powers, and they work for the benefit of these forces and not for the benefit of the vast majority of the Iraqi people, and they work for the benefit of the 1 percent of the Iraqi people only.

Seventh ... the public and professional organizations of workers, peasants, students, women, national intellectuals, professors of Iraqi universities and institutes, employees, retirees, merchants, and earners must unify the above-mentioned demands and can be enriched, and that cooperation and coordination take place between them and the leaders of the peaceful youth October / October revolution and with the national, progressive and leftist political forces with the aim of Ending the undermining of the worst system in modern Iraq’s history, which is the abhorrent political, sectarian and national quota system, which failed par excellence and supported regionally ...,

Eighth .. It is necessary to legislate a clear and explicit law that prevents any political party from participating in the upcoming parliamentary elections and has an armed militia, and this includes all political parties that are influential today in power and from all three sectarian components. 
With international supervision over the upcoming parliamentary elections in terms of integrity, transparency, prevention of fraud, equality between political parties participating in the elections in the field of media and money, and preventing interference from influential people in the executive, legislative and judicial authority ... In the election process.

Ninth: Without realizing what was mentioned above and others, there is no meaning or value to participate in the upcoming parliamentary elections, and some influential political forces today in power from now are betting on their obtaining the position of prime minister, and if this is not done then the next parliamentary elections are considered fraud It is really strange that such statements ...?!?

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Who-Laimi ? :blink: 

 

:D  :D  :D 
 

LINK

The failure of the economic and social policy of the quota system


12/03/2021

 

 

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Dr. Najm Al-Dulaimi wrote ...to the legislative, executive and judicial branches.

 

First .. 

 

Your policy in the economic and social field, monetary and financial policy is a failed policy and against the interests of the vast majority of the Iraqi people, including workers, farmers, employees and retirees, and against the earners and even some merchants who have nothing to do with the authority.

 

Second .. 

 

The 2021 budget humiliation budget, slavery, poverty, misery and revenge for the vast majority of the Iraqi people and reflect the interests of the elite Almafueh and criminal and parasitic ruling which form the basis of a conscious and planned in order to sell Iraq's land and people and the wealth of the ruling elite and the price is very cheap, sell Iraq. By clarifying according to Articles 38, 47, 41-42 ..

These articles were not fixed by chance, but rather something planned in advance and with very high accuracy, meaning that the leaders of the abhorrent quota system are working for them and for the benefit of the administrative and bureaucratic bourgeoisie and the forces of the mafic shadow economy and for the benefit of Regional and international powers.

 

Third .. 

 

The budget for 2021 is a disastrous and chaotic budget and did not reflect the interests of the Iraqi people, an imaginary budget that was not studied by the executive authority, a budget that differs radically from previous budgets, in terms of determining the size of imaginary and fictitious spending, which was estimated at 164 trillion dinars, and this is something exaggerated.  

 

In it, it indicates either ignorance of setting that or setting a malicious aim in order to increase the budget deficit, as well as ignorance and lack of appreciation of the global market for oil, so that the price of one barrel of crude oil was set at about $42, with the aim of showing the government's financial revenue low revenue, in return for inflated financial spending.

 

Unscientifically, therefore, he thought of the Minister of Finance, the President of the Central Bank of Iraq and the Minister of Planning ... that the only and radical solution to address the problem of deficit is through the assassination of the national currency, the Iraqi dinar towards the US dollar, and this means the assassination of Iraq 

and it is not surprising that the executive authority did not search for other sources of fictional and large financial revenues, taxes from public and private state institutions, the domination of the Iraqi government over land, sea and air border outlets, and dealt with fake projects, oil smuggling, armament contracts, prison contracts, spas and double salaries ……,

This ((forbidden)) because this is due to the leaders of the political parties, blocs and currents that are influential today in power, which is carried out through armed militias affiliated with influential political parties.

 

Fourth .. 

 

How does the Central Bank of Iraq and the Ministry of Finance acknowledge the existence of a special exchange rate for the capitalist private sector that is lower than the cash exchange rate for citizens, earning it, towards young, male and female students studying abroad ... Is this a financial, monetary policy ?!

This reflects the level and professionalism of the pollsters in the Central Bank of Iraq and the failed finance minister ... The failure of the executive and legislative authority and the silence of the judiciary.

 

Fifthly .. 

 

The objective reality confirms that the influential people in power are not qualified to lead the country, because the vast majority of them are failing, due to the inappropriate man being placed in the right place, according to the evidence of the President of the Central Bank of Iraq, a man who has an academic education from a private college, a law, and this violates the instructions and law of the bank The Central Bank of Iraq, who confirms that the President of the Central Bank of Iraq must have a scientific achievement in the economy, financial economy, banking and has a service ...

... But in the despicable quota system that is out of the ordinary, he appoints and by a political decision from one of the legally influential parties, a failed president of the Central Bank, a failed minister becomes Minister of Finance, an engineer who becomes the Minister of Finance, Interior and Transport ..., Minister of Finance, a doctor, or who has a degree in sociology ..., this is the organized and systematic sabotage to sabotage the Iraqi economy and society since the US occupation of Iraq until today.

 

Sixth: The vast majority of members of the executive authority cannot be blamed for having come for a reason


The abhorrent system of quotas: setting a budget that destroys the spread of political, economic, social, financial and security chaos, confusing the internal market, and the decline of the real income of the vast majority of the Iraqi people, that is, a budget that serves the interests of the 1 percent and harms 99 percent. 

As evidence, the price per barrel of crude oil was set at about $ 42 per barrel, and this determination is maliciously intended against the vast majority of the Iraqi people ...

Today, the price of one barrel has reached about $ 70, meaning that the difference between the two prices is $ 28 per barrel, and within a year, that means the Al-Kazemi / Allawi government will get a new financial revenue of about $ 28 billion, and this new revenue is approximately 3 times what was obtained by the most failed finance minister and president The Central Bank of Iraq and the Minister of Planning ... 

and because of the assassination of the national currency, the dinar in favor of the dollar, they obtained between 10-12 trillion dinars due to the devaluation of the national currency of the Iraqi dinar, while the successful, national and specialized minister seeks to strengthen the national currency towards foreign currencies, including the dollar, but the misfortune of the Iraqi people is It is governed and directed by the will and interests of regional and international countries, and their policy is implemented through ((their allies - their friends)) who came to power through regional and international powers and are their slaves and implement all the directives and interests of regional and international powers and government institutions, including the International Monetary Fund and the World Bank ...


Seventh .. What to do?

The executive, legislative and judicial authority must review the exchange rate of the Iraqi dinar towards the US dollar and return to the previous exchange rate of 1119 for the citizen, with the aim of stabilizing the security, economic, social, political and financial conditions, and working hard to retrieve the stolen money and return it to the Iraqi people, which range between 850-trillion, and investigate With the financial and administrative corruption that constitutes a cancer in the body of the authority, and the treatment of aliens, double-salary, fictitious projects, arms contracts, prison contracts, oil smuggling, extending the authority of the Iraqi government over land, sea and air border outlets, and moving towards developing the industrial and agricultural sectors, housing, education and health sectors ... 

in case these are not taken Measures and others, the popular explosion against the ruling regime is an inevitable and urgent necessity with the aim of ending the worst regime in the history of Iraq. The conversation is the political, sectarian and nationalist quota system that is abhorrent and failed par excellence, and that the upcoming parliamentary elections play is a meager and failed play, and the results are already settled in favor of the leaders of the parties, blocs and political currents in power today, and today they share everything among themselves and laugh at the Iraqi people.

** The Iraqi people and their national, progressive and left-wing political forces, mass and professional organizations, and independent national, progressive and left-wing personalities must realize the imminent danger to our Iraqi people. The Iraqi people are at a crossroads. Either ending the abhorrent quota system and establishing a civil state is a state that guarantees citizens' rights to work, education, treatment and housing Free ... Or that Iraq and the Iraqi people will have an unknown and disastrous fate, and this is the objective truth in the rule of the political, sectarian, and nationalist quota system that is abhorrent and failed par excellence.

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20 minutes ago, GreedyDinar07 said:

If they return to the previous exchange rate this country will forever be a failure 

It depends on what the previous rate was. If the rate was 1190, then this isn't what we want it. If the rate was $3.22, then the ride is over and it is the right time to celebrate the victory.

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Yo Snap - There’s Been Another ‘Dali Dulaimi Swami’ Sighting ! :o 

 

:D  :D  :D 

 

LINK

The impact of changing the Iraqi dinar exchange rate towards the US dollar on the lives of citizens

 
%D8%A7%D9%84%D8%AF%D9%83%D8%AA%D9%88%D8%
 
 
17:37 - 14/03/2021 - Books / Al-Dulaimi Star

 

First, the change of the new exchange rate is nothing but the assassination of the national currency, the Iraqi dinar, and this means the assassination of Iraq and its national sovereignty.

 

Secondly ... the failed finance minister, the president of the Central Bank of Iraq and the Minister of Planning ... work and implement the directives of the International Monetary Fund and the World Bank to crush the poor, the needy, and the downtrodden in favor of the ruling mafia junta in occupied Iraq today, that is, in favor of only one percent, and against the interests of the vast majority of the Iraqi people, that is, against Out of 99 percent.

 

Third .. The executive and legislative authority is also implementing the directives of the leaders of the parties, blocs and political currents that are influential today in power. And supported regionally and internationally, it is really strange that this position contradicts the spirit and content of the constitution, which is full of contradictions starting from the first article of it, because the author of the constitution was not Iraqi, and the leaders of the political parties, blocs and influential political currents in the government gave only their formal remarks and did not object to it, according to the information.

That Paul Bremer gave a large sum of money to all the members of the so-called Parliamentary Governing Council,

and it is said 50 million dollars to each member of the Governing Council? 

Can the members of the Primerial Governing Council deny this?

 

Fourth ... that any national government and any real national minister works to strengthen the national currency, the dinar towards other currencies, because the strength of the national currency means the strength of the national economy and means the strength and respect of the Iraqi society and also means strengthening the sovereignty and national independence of Iraq. 

As for the Kazemi-Allawi government, they worked quite the opposite, because they do not have freedom of opinion and national decision, they are like employees who work for regional and international powers and international institutions, including the International Monetary Fund and the World Bank, and implement their directives, which are against the interest of the Iraqi people. 

This is the foreign occupation of Iraq, these are the disastrous results of the ruling leaders who are looking for their interests only and have become millionaires and billionaires, and this money was stolen in many ways and with the knowledge of all the executive, legislative, judicial and media authorities ...

 

Fifthly, there are several goals to change the exchange rate of currency, that is, to reduce the value of the national currency, the dinar, in favor of the US dollar.

 

** There are influential forces, personalities and banks that have benefited and benefit from the devaluation of the national currency because they plundered the wealth of the Iraqi people in US dollars and Iraqi dinars, and therefore today they are practicing cheap and criminal financial business.

 

** The devaluation of the national currency of the dinar in favor of the US dollar is an unfortunate, ill-considered, unfair decision and revenge against the poor, the needy, the oppressed and those with limited incomes in the first place.

 

** The devaluation of the national currency, the Iraqi dinar, means a blow to destroy the national economy, because whoever does that has production and aims to export it, and this does not exist in Iraq due to the systematic destruction and sabotage of the industrial and agricultural sector and the rest of the other economic sectors. 70 percent is on hold or low productivity, and the state's 192 large industrial projects are on hold, for whose benefit is this being done? This is the systematic and systematic sabotage of the Iraqi national economy.

 

## There is a major goal of devaluing the national currency of the Iraqi dinar in favor of the green paper, which is that fat cats, whales, and dinosaurs are financial and administrative corruption in power and the leaders of the political parties, blocs and political currents influential today in power will buy the state’s assets at a low price through a new exchange rate 

and this is what happened in The Russian Federation for the period 1992-1999, as 500 gigantic industrial enterprises were sold illegally and by decree of the always drunk Russian President Boris Yeltsin, as these enterprises were sold at a value of 7.3 billion dollars and there is an estimate of the value of these governmental institutions at about 900 billion dollars, meaning they were sold State institutions in the Russian Federation are cheap and at 7 percent less than their actual value.

 

## That the devaluation of the national currency of the Iraqi dinar in favor of the green paper means that citizens with limited incomes, both employees and retirees ...

.. will lose between 40-50 percent of their cash income through the devaluation of the national currency of the Iraqi dinar

and through the rise in the prices of goods and services and by imposing The income tax is illegal and illegal,

and yet we note the absence of a real claim by employees, retirees, merchants, the earners, professors of Iraqi universities and institutes ...

... for the return of the Iraqi dinar exchange rate to the old price as a first step and not demanding the dismissal of the failed finance minister, head of the Central Bank of Iraq and the Minister of Planning ……,

 

## That the devaluation of the national currency towards the US dollar at a new exchange rate of 1450 is a humanitarian catastrophe looming for our Iraqi people on the national economy, and we must return to the old exchange rate in order to stabilize the security, economic, social, political and financial conditions.

In contrast, and others, the Iraqi people will enter a spiral of chaos and failure.
 

Stability and this is in the interest of the leaders of the political parties, blocs, and influential political currents today, in power, and they bear responsibility for all of that.

## That one of the most dangerous results of the Al-Kazemi-Allawi government’s policy in this excessive neoliberal approach in its brutality and aggression against the poor, the needy and the oppressed in favor of the ruling and brutal mafia junta that is supported regionally and internationally are: the growing rates of unemployment, poverty, misery, famine, organized crime, drugs, suicide, deliberate killing, especially among the youth, and organized sabotage. For the industrial, agricultural, education and health sectors, the absence of services, including electricity and water, the absence of appointments for the unemployed by a decision from international institutions, including the International Monetary Fund and the World Bank, the deepening of the social and economic gap in favor of the ruling political elite and the tightening of dependency on regional and international powers. Will our Iraqi people and their national, progressive and left-wing political forces, mass and professional organizations, and national, progressive and left-wing personalities accept this disastrous situation ?!

** The only and radical solution to the problem of the Iraqi people and to eliminate the danger of division and civil war for many reasons is to work to undermine the abhorrent system of quotas by all available and possible means. The near future will reveal to us many surprises about that?

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