Dinar Daily NEWS Blog – May 6th

US Army: Kurdistan under our protection after the call

The US Army Chief of Staff, Mark Millie, said that Washington is committed to protecting the stability of Iraq and the Kurdistan region in the period following the end of the organization.

“America is committed to its commitments to protect security and stability in Iraq and the Kurdistan region and we will continue to provide the necessary support to the Iraqi forces and the Peshmerga forces,” General Milly said in a statement to the Kurdish space 24.

Iraqi forces and US support continue to campaign for the liberation of the remaining neighborhoods in the western part of Mosul. All expectations indicate a definite defeat for a buoyant organization in Mosul amid massive destruction in the city.

The Peshmerga forces launched the first crackdown on the “Ninawa” campaign on October 17 and were able to extract vast areas of support from US forces and the International Alliance.

US Senator Marco Rubio earlier revealed dialogues and efforts by US political figures to supply the Peshmerga forces with weapons and equipment without returning to the Iraqi government.

The Secretary-General of the Peshmerga Jabbar Yawar said that Washington intends to arm two brigades of the Peshmerga brigades of all types of weapons and armored vehicles and even heavy ones, noting that Congress allocated $ 415 million a year ago as salaries of the Peshmerga elements actively participating in the battles against the organization of a crowd of 36 thousand fighter.

The Peshmerga forces have been fighting for more than two years with American support and participated in the first phase of the liberation campaign in Mosul in coordination with the Iraqi forces and the International Alliance and managed to expel a supporter of vast areas in the Nineveh Plain.

Read more: http://www.dinarupdates.com/showthread.php?48837-US-Army-Kurdistan-under-our-protection-after-the-call

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Latest map of the security forces in Mosul right handed

Read more:  http://www.dinarupdates.com/showthread.php?48835-Latest-map-of-the-security-forces-in-Mosul-right-handed
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Liberation of Mosul Revives Economy in Kurdistan: Official

Liberation of Mosul Revives Economy in Kurdistan: Official

The constant liberation of territories in Mosul has positively impacted the investments in the Kurdistan Region, said an official.

“There has been progress in the markets of Kurdistan Region as well as its domestic and foreign investment, and these are all connected to the liberation of [the majority] of Mosul from Daesh [IS],” said Yasin Mahmoud, a spokesperson for the Board of Investment.

He noted that foreign investors had suspended their projects due to the security crisis caused by IS’ presence in northern Iraq, and now they are resuming their work as the group is nearing its end.

“Nearly $30 billion was allocated to reconstruct Mosul [after the complete defeat of IS], which is expected to benefit the Kurdistan Region’s economy,” Mahmoud stated.

He further revealed that Kurdistan Regional Government (KRG) has also designed an extensive plan for 2017 which will help the revival of its economy.

Read more: http://www.dinarupdates.com/showthread.php?48822-Liberation-of-Mosul-Revives-Economy-in-Kurdistan-Official
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MadDScout (Dinar Guru) –   Article:  “Minister-Iraq-Welcomes-Joint-Ventures-with-Iranian-Companies”  Whether we like it or not Iran and Iraq have a business relationship…this can only be good for Iraq to be on good relations with it’s neighbors and to work on those common ties.  [Maybe the saying, Keep your enemies closer than your friends is in play here?]  Could very well be part of the logic.
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Abbadi Office issued a clarification on Iraq’s agreement with America on its survival

The Office of the Prime Minister Haider Abadi, Friday, clarification on reports that the deal with American troops to remain in Iraq.

The Office said in a statement/balance of news copy, that “international and local news agencies deliberated recently news that Iraq had agreed with the United States on the survival of American troops in Iraq for the period after the military victory over ISIS we affirm that no combat troops of any country on Iraqi soil until you look at whether survival.”

“There are trainers and advisers, and experts from a number of countries and that the Iraqi Government did not agree with any country regarding its military role with Iraq to post the decisive victory against terrorism.”

“We reaffirm that the victory achieved by pure Iraqi hands and tournaments and sacrifices of Iraqis, the Iraqi Government has plans and strategies to develop the capacity of our security forces through training and weaponry to raise the readiness for the challenges ahead and is open to all international experiences and meet Iraq’s ambition to build a military institution and security organs have full readiness to face any future security challenges for foreign or internal compliance with the requirements of the national sovereignty of Iraq.”

Read more: http://www.dinarupdates.com/showthread.php?48814-Abbadi-Office-issued-a-clarification-on-Iraq-s-agreement-with-America-on-its-survival

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“FaceBook LIVE” w/Call-in from Sunday w/BGG

Click here for Video Replay (4/23)

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Video: Iraq receives a grant from the World Bank worth $ 41 million

Forty – one million dollars is the European loan value of the Ministry of Finance, this money will go according to those who made it to the reform and modernization of economic management and the investment process in the country.

In this context, Abdul Razzaq al- Issa said, the Minister of Finance Agency, said : ” The loan value of forty – one and 500 million dollars, to the process of modernizing the Ministry of Finance Management and the process of investment management between the Ministry of Finance and Planning, as well as there will be a grant from the European countries to the process of Iraq ‘s development.”
Know the terms and conditions of the mechanics of soft loans granted by the Ministry of Labor
Video: soft loans to support the unemployed … dialers criticize!

Officials at the World Bank , confirmed that the funds are protected and deposited in the Ministry of Finance for direct disbursement.

For his part, Repairwear quality PU, the Special Representative of the Mission of the World Bank confirmed in Iraq , “This project will put the funds disposal of the Ministry of Finance there will be tenders for the purchase of services and modernization of systems.”

Experts believe that the economic reforms will contribute to creating a magnet for foreign investment factors, which will expand the country ‘s productive base and alleviate the burden on the public budget.
You can see the report on the video above.
Iraq World Bank

Read more:  http://www.dinarupdates.com/showthread.php?48820-Video-Iraq-receives-a-grant-from-the-World-Bank-worth-41-million-Thursday-4-May-20

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تحرير حي مشيرفة الثانية ومنطقة الكنيسة ودير ميخائيل بأيمن الموصل

Urgent edit second Mushayrifa neighborhood and the church and the monastery of Mosul , Mikhail Ayman

Liberated the army, the second Mushayrifa neighborhood and the entire area of the church and the monastery of Michael in the remaining occupied the right side of the city of Mosul Daesh terrorist gangs.

According to a statement of the cell media war received by all of Iraq [where] a copy of it, that “the pieces Armored Division IX freed the second Mushayrifa district of the entire area of The Church and Monastery of Michael on the right coast of Mosul and raised the Iraqi flag over the buildings after the incurrence enemy losses in lives and equipment.”

Read more:  http://www.dinarupdates.com/showthread.php?48819-Urgent-edit-second-Mushayrifa-neighborhood-and-the-church-and-the-monastery-of-Mosul

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Transport planning to establish a water airport in Sulaimaniya

Transport Minister Kazim Cup Erythema, Friday, the intention of the Ministry is studying the establishment of a water airport in Lake Dokan in Sulaimaniya.

He said in a statement received Erythema/balance of news/copy, that

“The cultural capital of Kurdistan accomplished this forum and exhibition of local civil airports in Sulaymaniyah heartening way”, pointing out that “featuring Arabic and foreign and local companies from various continents,” adding that “through this exhibition we positive results contributed to the development of local airports and local airlines, whether private or public sector.

Erythema noted in every province of Iraq in addition to existing airports airport, adding that the Ministry is working on rehabilitation of Mosul airport after cleared of criminal gangs, as well as proposals for an airport in Kirkuk and another airport in Lake Dokan in Sulaymaniyah.”

Read More:  http://www.dinarupdates.com/showthread.php?48815-Transport-planning-to-establish-a-water-airport-in-Sulaimaniya

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Kaperoni (Dinar Guru) –   Article:  “Vice: oversees the United Nations five-year plan for economic development in Iraq”  Quote:  “this time is different from its predecessors, because the United Nations oversees this plan and has allocated a large sum for her, that’s why we think the success of this plan.”   UN means the IMF and World Bank.  We should be excited.

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –   Article:   “Abadi: We prepare for the announcement of the great victory”  Quote:  “According to a statement to the Office of the Prime Media Minister, Abadi said, in his speech , a festival of national unity , which was held under the slogan ( the great victory on our way towards peace): «We are gearing up to announce a great victory, the biggest priority of peace...”   Let’s hope so. 

Read more: http://www.dinarupdates.com/observer/

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An Iranian-Iraqi cooperation to implement projects within Iraq endeavouring

IRNA-Iran vulnerable institution agreed ‘ Mohamed Saidi KIA ‘ with Minister of construction and housing and the Iraqi public municipalities ‘ wholesome Osei ‘ cooperation on this Iranian institution affiliates in endeavouring to projects inside Iraq.

Speaking during a joint press conference with the Iraqi Minister, on Wednesday, the head of the Iranian establishment potential vulnerable institution and investment willingness to engage with the Iraqi side in various areas for reconstruction projects in this country.

He was a vulnerable institution able to do reconstruction areas liberated from the control of terrorism and all the projects proposed by the Ministry of housing
.
The Iraqi Minister noted, to the Iranian side and potential energies in various reconstruction areas, including housing, water and sanitation, municipal services and building roads.

Osei Lady showed that the bilateral meeting today discussed ways of signing a memorandum of understanding for mutual cooperation on the resumption of the stalled projects and implement new projects and joint investments in this regard.

Read More:  http://www.dinarupdates.com/showthread.php?48741-An-Iranian-Iraqi-cooperation-to-implement-projects-within-Iraq-endeavouring

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When America is united, America is totally unstoppable.

President Trump

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 Iraqi Dinar/Dollar auction 05-04-17 (most recent listing)

Currency Auctions Announcement No. 3435

This daily currency auction was held in the Central Bank of Iraq on the 05-04-2017

DETAILS NOTES
Number of banks 35
Number of remittance companies 11
Amount sold at auction price (US$) 159,555,532
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,555,532
Total offers for selling (US$) —–

Read More: http://www.dinarupdates.com/observer/

Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars

Most of the Iraqi Central Bank steps are subject to political and legal environment of the country , especially in regard to the deletion of zeros that counted specialists in the earlier trend sensitive and dangerous may still be , but the central remains the most important institution in terms of the need to adjust the financial management in light of the financial crisis experienced by the the Iraqi economy, which must have to deal with dilemmas , whether with regard to the citizen or the work of the central bank itself.

Questions concerning important files posed (range) in this meeting , the director of the release and the Treasury in the Central Bank Aa’bas behind, and with being answered by briefly he pointed out the most important points that showed that the currency is good for circulation deposited Central has exceeded one billion and a quarter of a million dinars an amount that is not a little if they were compensated by the stored banknotes at the bank , as some believe, at the time between the printed currency size has exceeded the “11 billion and 600 million dinars, he urged citizens on the need not to keep large amounts in homes or buried in the ground , the fact that the process of replacing in the event expose Dt to burn or damage costs the central administrative and financial burdens, stressing that the counterfeit currency rate is still within the internationally accepted borders, with the central quest to carry out an information campaign to educate the public on how to distinguish between the original currency and Almzorh.oicol behind on a question about the possibility of having higher versions of a class (50000 ) dinars?

– No at present intention to issue a higher class category (50000) dinars.

* What about the subject of the deletion of zeros and the reason for the delay?

– the decision on the deletion of zeros cannot be taken in isolation from the political and legal environment in the country under conditions the security situation as a result of terrorist acts and exit from the provinces outside the control of the state for the years 2014, 2015, 2016 which prevents certainly to wait in the implementation of this project, in addition to that this must be done in coordination with all state departments and the private sector, where it should be followed by changing the paragraphs contained in the various laws, which include a reference to fines or lump – sum collection of fees, must also change the financial and statistical records in order to conform with the project process the deletion of zeros. On the other hand, the technical preparations are underway by us.

* How is the cost of the annual replacement and replacement of damaged currency?

– First , there is no substitution instead of a damaged annually, as the bank instead seeks to issue new papers for security specifications developed, so the cost is reduced in this way it is the cost of issuing new banknotes specifications better used at the same time damaged to the replacement of currency from the previous editions .

We seek to carry out an information campaign to distinguish between original and counterfeit currency

* How discovered the counterfeit currency of the size?

– The Central Bank of Iraq resorted to the use of machines to sophisticated counting and sorting which can detect counterfeit currency, in addition to banks guide using modern techniques in the currency examination, but the problem is not doing shopkeepers enough efforts to use the machines to check the currency, as the bank seeks to campaign media to sensitize the public on how to distinguish between the original currency and counterfeit currency by issuing a booklet definitions and (posters) for this purpose and will be distributed to banks in major shopping malls, and in all cases, the counterfeit currency rate is still within the internationally accepted borders , where even T ratio (0.000025) (Twenty – five million paper sheet).

* What currency damaged by fire or poor storage of citizens compensation mechanisms?

– While we hope the citizens do not keep large amounts in homes or buried in the ground, and to do instead in the deposit with the banks, as the replacement of the burnt currency process or damaged it costs the central bank financial burdens and administrative Colva unwarranted, however the bank is to receive citizens whose savings in Iraqi currency to fire accidents provided that they are documented by the civil Defense Department and be sourced from the project, either in terms of currency (buried) are sufficiency statement on the sources of these funds, and in this regard we call on citizens not to accept the mediation of any hand to Astb The Iraqi currency and that this bank does not receive any commission for its replacement.

We applied security methods with modern technology advanced counting and sorting currency

* What future plans for the central bank currency and print?

– Iraqi Central Bank seeks to keep pace with the evolution of printing currency and modern technologies both in currency printing or counting devices and sorting the currency where they are constantly adding new security features in addition to the acquisition of advanced machines counting and sorting currency, was dispensed with final counting and manual screening process.

* How much is the size of the torn currency and how much of the size of the printed currency?

– The number of banknotes unfit for circulation deposited with this bank (1,277,049,543) cash paper of various categories, where they are compensated from the stored banknotes have this bank, as the number of printed banknotes (11,615,265,154) cash paper of various categories.

Read more:  http://www.dinarupdates.com/showthread.php?48060-Dir-of-the-Issuance-Dept-of-the-Central-Bank-(range)-Printed-currency-11-Billion&p=171964#post171964

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CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1292.810 1292.163
British pound GBP 1530.438 1529.673
Canadian dollar CAD 863.351 862.920
Swiss franc CHF 1195.115 1194.517
Swedish krona SEK 134.283 134.216
Norwegian krone NOK 137.711 137.642
Danish krone DKK 173.831 173.744
Japanese yen JPY 10.503 10.498
Special
Drawing Rights
SDR 1621.216 1620.405

Indicative rates – 05.04.2017

http://www.cbi.iq

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