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HOT: The Budget Law Guarantees Iraq Is Economically Sovereign.


Luigi1
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Here's an article from Dinarland of interests...

Iraq establishes itself as the leader in the region.

The Budget Law Guarantees Iraq is economically sovereign.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Tlm724 Administrator Bondlady’s Corner:   Al-Sudani: The Budget Includes An Item To support The Private Sector & Grant It Sovereign Guarantees.

ARTICLE: PM Mohamed Shiaa Al-Sudani & his Egyptian counterpart, Mustafa Madbouly, chaired the activities of the Iraqi-Egyptian Business Forum, which kicked off in the Egyptian capital, Cairo, today, Tuesday.

 

Al-Sudani said, according to a statement by his office, that “the participation of the Iraqi private sector in this forum reflects the serious desire for the private sector to be a partner with the government,” stressing that “the tripartite budget approved by Parliament includes an item to support the private sector and give it sovereign guarantees.”

 

He pointed to “the government’s implementation of important projects in the housing & education sectors, in addition to the establishment of the Iraq Fund for Development with a capital of one trillion Dinars, from which specialized funds for housing, schools, electricity, agriculture, health & industry will branch out &  implementation will be by the private sector, which will be supported by the government & will be available.”

 

It has the right environment for investment. He pointed to “the government’s determination to localize the pharmaceutical industries, as a list of the most important procedures & facilities that enable producers & manufacturers to enter Iraq to establish their factories, as well as projects for manufacturing & petrochemical industries,” was drawn up. water.” The Prime Minister emphasized “supporting partnerships between the Egyptian & Iraqi private sectors,” pointing to “reconsidering trade exchange between the two countries.”

 

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Here's another article related to the above...Iraqi citizens demand GOI & CBI share all the wealth they're always boasting about..

 

 

TNT  via   Tishwash:  Demonstration In Front Of The CBI In Central Baghdad.   

ARTICLE: Dozens demonstrated, on Wednesday, in front of the Central Bank of Iraq in the center of the capital, Baghdad, to demand the release of stalled housing loans & financial allocations for housing.

 

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Here's another article related to the above...Iraq trade in non oil exports mediocre...Iraq can do much better...

 

 

From Other Sources:  “Shameful”… Iraq’s Total Exports Increased By only 112.7% For The Year 2021.   

ARTICLE: The Iraqi Ministry of Planning announced, on Monday, an increase in the country’s total exports by 112.7% for the year 2021, while a financial expert described those non-oil exports as “shameful.”

 

The Ministry’s Central Statistics Agency said in a report seen by a news agency, “The total exports of crude oil, petroleum products and commodity materials amounted to 121.6 trillion Dinars for the year 2021, equivalent to 83.8 billion US Dollars, an increase of 112.7% over the year 2020, when it amounted to 57.1 trillion Dinars. The equivalent of 47.9 billion US Dollars.  

 

He added that “the value of crude oil exports amounted to 109.7 trillion Dinars for the year 2021, equivalent to 75.7 billion Dollars, an increase of 120.8 percent over the year 2020, which amounted to 49.7 trillion Dinars, equivalent to 41.8 billion Dollars.”  

 

He pointed out that “the value of exports of oil products amounted to 5.8 trillion Dinars for the year 2021, equivalent to 4 billion Dollars, recording an increase of 105.5% from the year 2020, where the value of exports of oil products reached 2.8 trillion Dinars, equivalent to 2.4 billion.”  

 

She explained that “the value of merchandise exports amounted to 6.1 trillion Dinars for the year 2021, equivalent to 4.2 billion Dollars, recording an increase of 31% over the year 2020, which amounted to 4.6 trillion Dinars, or the equivalent of 3.8 billion Dollars.”

 

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Here's another article related to the above...demonstrators get out of control in front of CBI & Green Gate at entrance to Green Zone...

 

 

From Other Sources:  In Conjunction With The Demonstrations, Al-Kazemi Issues An Important Directive To The Security Forces.

ARTICLE: Urgent Policy: The Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, today, directed the security forces to protect the demonstrators, while he called on the protesters to remain peaceful in their movement, not to escalate & to abide by the directives of the security forces whose goal is to protect them & protect official institutions.

 

Al-Kazemi said, according to a statement by his media office received by a news agency, that “the continuation of the political escalation increases tension in the street & does not serve the public interests.” He added, “The security forces have a duty to protect official institutions,” stressing “the need to take all legal measures to maintain order.”

 

Earlier in the day, the demonstrators tried to bring down the concrete barriers in front of the Green Gate, on the part of the Ministry of Planning, after they crossed the concrete barriers on Al-Jumhuriya Bridge in the center of the capital, Baghdad.
 

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24 minutes ago, BETTYBOOP said:

Is this Al Kazemi the former pm? If they don't release the budget and give them purchasing power soon, like they have been promised this could get worse. Sudanese did tell them to hold on to their dinars because it is stronger.  

Could be the straw the that breaks the camels back?!?! 🙄🤣  sorry... it's funny in a way because I'm that old and remember the game.

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