Keys to economic victory
Dr.. In the name of Brahimi After the victories on the remnants of the “preacher” terrorist, God willing, it is necessary to invoke all possible energies to start the second phase of the victory is the stage of reconstruction and reconstruction of the liberated areas, and this stage is no less important than the stage of liberalization and in this context I would like to refer again to the importance of reading the relationship between politics The economy is a new reading in which the economy is the independent variable in the relationship between them.
Today, the question to be answered is what are the most important requirements for economic reconstruction governorates?
Within the current data, there are three basic options that should be worked on. The first is the reconstruction of both physical and human infrastructure. There is no point in reconstructing cities without rebuilding human consciousness to preserve them. Moreover, Of the cities that were damaged by the war did not carry out reconstruction operations in the right manner, which made the previous funding goes to a path outside the development goals of those areas.
The second option is the small income-generating projects, which can be set up quickly to accelerate the pace of work and reduce poverty and unemployment as well as creating productive partnerships between workers in certain types of businesses and create positive interconnections between these provinces and other provinces, especially the allocations of the reconstruction fund of the affected areas Public budgets are still few and therefore the local effort will not be sufficient, especially in light of the decline in oil prices to levels close to forty dollars and the negative repercussions on the volume of financial imports expected.
In contrast to the large financial requirements for reconstruction estimated by some to be around $ 40 billion, reliance on government funding becomes extremely difficult especially in the face of financial challenges.
Therefore, the third option is foreign investment, which is the best way through the establishment of so-called safe investment cities, which the National Investment Commission was unable to set up despite the confirmation of the investment law since it was issued ten years ago years.
The keys to economic victory are more than they have been, but they need an intellectual and economic mobilization that should be worked out early.
Read more: http://www.dinarupdates.com/showthread.php?51538-Keys-to-economic-victory
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Iraq presents a plan for the reconstruction of liberated areas starting from 2018 and ending in 2027
Minister of Planning / Minister of Trade Salman Jumaili said that the next stage (the post-liberation stage and the end of Isis in Iraq) will witness broad economic and investment trends within the framework of the reconstruction and development of the liberated areas through focusing on the development of the private sector and the business environment.
This came during the participation of Jumaili in the work of the Conference on Investment, Trade and Reconstruction in Iraq, organized by the Iraqi Embassy in London in cooperation with the British Chamber of Commerce and Industry – British this week with the broad participation of Iraqi businessmen and British companies.
During the conference, Al-Jumaili reviewed Iraq’s vision for the next phase, and related to investment, reconstruction and the business and trade environment for the post-liberation period, pointing out that the Ministry of Planning and in cooperation with national and international partners have identified development paths that are consistent with the global trends to achieve the goals of sustainable development until 2030. Leapfrog to prepare a five-year national development plan (2018-2022).
Al-Jumaili added that the ministry prepared a detailed plan for the reconstruction of the liberated areas for the period 2017-2027 based on the economic and social recovery of these areas by focusing on the vulnerable groups, empowering the youth and enhancing their basic abilities, And to invest them as development opportunities to bring about the best changes and results. He pointed out that the reconstruction plan will be linked to the next two national development plans (2018-2022) and the second (2023-2027) to ensure their implementation and provide the necessary funds to complete infrastructure projects. S economic, human and social development.
The statement added that the Minister of Planning spoke during the conference about the economic trends towards enhancing public-private partnership and partnership with foreign parties and government plans to settle government contracts and invest and attract internal and external capital
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Phillyman (Dinar Guru) – Article: “IRAQI PM CONGRATULATES TROOPS ON ‘BIG VICTORY’ IN MOSUL” Looks like Abadi went ahead with an announcement even though they are not done the liberation probably for the symbolism of it being the 3rd anniversary of al- Baghdadis sermon at the Mosul mosque.
Read more: http://www.dinarupdates.com/observer/
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Washington announces its intention to support Iraq by $ 150 million to develop economic projects
Economy News Baghdad: The US ambassador to Iraq, Douglas Seelman, announced Wednesday the intention of his country to provide financial support to Iraq amounting to 150 million dollars, to support economic and service projects.
“The United States of America announces its intention to provide Iraq with $ 150 million in financial support to Iraq to support stability and economic and service projects such as electricity and water, and to encourage the return of displaced people and health support,” Sileman told a news conference.
“These amounts will be in addition to the earlier US $ 1.3 billion,” he said.
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Breitling (Dinar Guru) – There’s lots of great news on what’s been happening. Some very very good news coming out…you’ll love it. The key is…to put everything on table so you can talk about this subject correctly. And that’s all it is. That’s my secret…People don’t get that a part of a country’s currency is part of it’s policy and strategy. And what comes after that? You have operations and tactics…none of this is a mystery. How do you define a country’s currency a scam? The idea is, is it going to gain value? Is that a scam? The Iraqi dinar is not a scam. When I got in on this investment I got a report from the IMF… Some of the information we had to pay for, some of it we found but it was undervalued. They said the real value was between 4 and 12 cents. That’s how I got into the Iraqi dinar…Before the Iraqi dinar came out…they had these conspiracy theories out on how it’s the dumbest thing in the world because they’re in the middle of a war. We know they’re in the middle of a war…that’s why we’re investing. What do you want to wait for it to be expensive and then invest? [Part 1 of 4]
Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) – […I know that an RV, from all signs, is fairly imminent…Do you have a set of criteria or parameters that would convince you that the RV was legit and actually happening that you could share with us?] Legitimate confirmation from my sources, which include people of the highest level. Will I share them? Nope.
Read more: http://www.dinarupdates.com/observer
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Airline announces flights between Najaf and Baku airports
The Iraqi Airways Company announced on Thursday the resumption of flights between the airports of the city of Najaf to the Azerbaijani capital Baku.
In a statement received by Al-Ghad Press, Iraqi Airways General Manager Samer Kubba said that “Iraqi Airways will resume flights to the Najaf-Baku-Najaf sector and will be at the rate of one flight per week starting on Friday, 2017 “.
He added that “the resumption of flights to Azerbaijan comes on the guidance of the Minister of Transport Kazem Vajan Alamami,” noting that “the trips will be at encouraging prices to motivate the passengers to travel through this line.”
In July 2016, the Ministry of Transport opened the Baku-Najaf-Baku route with two flights a week to serve passengers and visitors during the religious pilgrimage seasons in Iraq, as well as Iraqi travelers visiting Azerbaijani tourist cities.
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BGG (Dinar Guru) – …I half way didn’t expect them to do this..but folks this is real. They are going to turn over the last bit of whatever is remaining in those funds…the food for oil program to Iraq and they are recognizing them as a country. They are not talking about letting them out of Chapter VII and it’s not even under chapter VII. This is Chapter VII charter. It’s a protection program. Looks like to me they had the meeting in 3 minutes and they put their rubber stamp on it and it’s over. It’s not the end of the security file…it’s the end of that particular program. There’s one more log on the fire. [post 2 of 2]
Read more: http://www.dinarupdates.com/observer/
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Frank26 (Dinar Guru) – [How excited are you today from yesterday?] MORE. [Why more sir?] BECAUSE THEY ARE RVING IMO. [When they change their rate, do you think there will be a delay with u.s. banks finding out about the rate change?] OH NO!!! THEY R READY. [IYO, Do you…believe that the new CBI website will realistically be fully ready by June 30, for the new International financial world?] WE DO NOT KNOW…JUST EXCITED THAT THEY R CHANGING IT. [IYO is the CBI web site now being hosted within Iraq?] …YES. [so much has taken place since the 12th of June, so many articles talking about internationlism with the IQD, IYO, is the 26th-30th still promising?] …WE STUDY 26/30 RT NOW BECAUSE IT IS LOGICAL…SUFFICE IT TO SAY…THINGS ARE UNUSUAL AND EXCITING ON THE MR [Monetary Reform].
Read more: http://www.dinarupdates.com/observer/
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Phillyman (Dinar Guru) – I am so encouraged by all that is taking place… Of interest today. I see that Warka paid out interest early, usually do it the last day of the month. Have no idea why that would change.
Read more: http://www.dinarupdates.com/observer/
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The liberation of 70% of the area of precision devices and the killing of a number of alarms at the right of Mosul
The rapid reaction brigade announced on Thursday the liberation of 70% of the area of precision devices and the killing of a number of alarms, on the right side of Mosul.
“Rapid reaction heroes are advancing from Khalid Bin Al Waleed Street towards Al Nujaifi Street in Old Mosul,” said the Rapid Response Division’s information office.
He added that “the forces managed to liberate 70% of the area of precision devices and killed the number of alarms and the dismantling of shops and collectors and lifting dozens of roadside bombs.”
The joint security forces are engaged in fierce battles in the last bastion of Daish in the city of Mosul, which is the Old City, and the forces were able to liberate most of its areas.
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Kaperoni (Dinar Guru) – “CBI website has a new look!” This is a good sign. I know it’s easy to just assume they are remodeling there website..but I think its much more. With all the speculation that the banking system must open up to perpetuate international activities to support global investment, this new website to me is much more polished, professional and institutional. We could be getting closer.
Read more: http://www.dinarupdates.com/observer/
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Chattels (Dinar Guru) – “CBI website has a new look!” “H.E Mr. Ali Muhsin Ismail / Acting Governor and Head of the Executive Board” I believe that the reference to Ismail as the “acting governor” is a change.
Read more: http://www.dinarupdates.com/observer/
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NATO: Our support for Iraq goes beyond the phase of liberating Mosul
NATO Secretary-General Jens Stoltenberg welcomed the liberation of the city of Mosul from a staunch terrorist.
“When [Dahsh] is defeated and Mosul is liberated, then we need Iraqi forces capable of creating the right conditions for stability, peace and development,” Stoltenberg told a news conference on Thursday evening after the conclusion of the meeting of NATO defense ministers.
“We believe that the role of NATO in Iraq goes beyond the liberation of Mosul and the defeat of [Da’sh] and we are now working to help the Iraqi authorities in the development of security institutions.”
He stressed that military operations in Iraq were always aimed at defeating Da’ash.
Security forces are battling the last battle stations to regain control of the city of Mosul, the main bastion of Daish in Iraq since mid-2014.
Mosul is the second largest city with a population of 2 million before it fell.
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MilitiaMan (Dinar Guru) – The UNSC Doc published just under three weeks ago this Friday told us all, that there was going to be an action within June 2016 [2017 ?]. That action has a time line by and or before the end of the month. That action is a reaction to things accomplished or that action wouldn’t have even been mentioned. The UNSC escrow account is being funded or well closed out if you will. End game, symbolically. That has meaning that is profound! The Oil for Food program is to be done and gone for ever… I may be wrong, but, that imo is Chapter 7 done in regards to MR and acceptance of Article 8 is in effect or will be, once in synchronization. [post 1 of 3….stay tuned]
Read more: http://www.dinarupdates.com/observer/
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Enorrste (Dinar Guru) – [The debate continues….] Each of us is looking at a different set of numbers. In any case, I would personally take Keywords at his word, regardless of the numbers. Saleh’s statement is sort of like Trump’s “I hope” statement. “Like a hard curency” is not the same as “world reserve currency” in my view. I believe that, unless Planet X wipes us out in the next year or so, the dinar will become a world recognized currency. When is another question entirely. I started this over 10 years ago and am still waiting for it to just start, let alone finish. [reference Guru mike’s post 6-20-2017….will the debate continue?]
Read more: http://www.dinarupdates.com/observer/
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Al – Muthanna denies the issuance of the results of the third average: will be announced after the feast
The Directorate of Education in Al-Muthanna province Wednesday denied any results regarding the third intermediate grades, likely to be announced next week.
“The media office in the Ministry of Education confirmed that the correction process has not yet been completed for all the results of the training in Baghdad and the provinces because of the enjoyment of teaching staff working in the Central Examination Checkbook in the Ministry of Eid holiday,” said Director of Education Media, Abbas al-Zaidi, .
He explained that “every manifestation on the social networking sites regarding the results of the examination is false and incorrect results, and the ministry did not announce any results for the ranks of the third medium.”
He added that “the ministry once completed the correction process will be officially announced through official channels,” noting that “the Ministry is likely to announce the results during the next week through the official website of the Ministry of Education, as usual through Internet links, and everyone can see them.”
Zaidi said that “provincial schools separately nominated a number of teachers as teachers and were sent to the audit and correction center in the ministry in Baghdad, for a period of 15 days to about 30 days, and will continue to complete their work after the Eid,” pointing out that “the debugger receives wages equivalent His work is about 600 dinars for correcting one exam book, in addition to the amount of his delivery. ”
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“Faith sees the invisible, believes the unbelievable, and receives the impossible.”
– Corrie Ten Boom
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Oil rises to the highest level in two weeks
Twilight News / Oil prices rose to the highest level in two weeks on Thursday to continue to rise for the sixth consecutive session, after weekly data showed a decline in US production, including reduced concerns about an increase in the surplus supply.
Crude prices fell to their lowest level in ten months last week, but has since risen more than seven percent to continue the longest rally since April.
The futures rose to global crude measurement Brent 33 cents to $ 47.64 a barrel by 0832 GMT, after touching the highest level in two weeks at $ 47.83 earlier in the session.
WTI prices rose US median 32 cents to $ 45.06 a barrel. Crude and recorded the highest level during trading at $ 45.24 and is also the highest level in two weeks.
US government data showed on Wednesday that domestic crude production of 100 thousand barrels per day last week, fell to 9.3 million barrels per day in the biggest drop since July July 2016.
Some analysts and traders said the decline is linked to temporary factors such as the risks associated with tropical storm Cindy in the Gulf of Mexico and maintenance work in Alaska.
Investors ignore the negative news is the sudden rise of 118 thousand barrels in US crude stocks, according to weekly data showed.
Global oil supplies are still plentiful, despite production cuts pursued by the Organization of the Petroleum Exporting Countries (OPEC) and other producers by 1.8 million barrels per day since January
Read more: http://www.dinarupdates.com/showthread.php?51117-Oil-rises-to-the-highest-level-in-two-weeks
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Yacoubi-calls-on-the-executive-and-legislative-authorities-to-take-care-of-wounded
The religious authority Sheikh Mohammed al-Yaqoubi on Thursday called on the executive and legislative authorities to pay attention and exert efforts to redress and care for wounded Iraqi army like other types of security forces.
“We warn of the consequences of negligence and failure to meet the promises of those involved in the wounded of the Iraqi army, which may produce negative effects that extend to the Iraqi army,” said Yacoubi in a statement received by Al-Ghad Press.
The next generation of the problems faced by their lives and the lives of their families because of the disability or disability suffered by them, or because of the chronic health problems they suffer as a result of their military duties, which left a painful impression on their family and livelihood.
He added that the executive and legislative authorities to pay attention and efforts to provide justice and care for the wounded Iraqi army, like other brave types of security forces.
The people also cherish their courage, defeat and immortalize their positions, heroines and sacrifices in various ways and ways, and boast them before the whole world to be passed on to generations after generation. ”
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Abadi briefed on the developments of the liberation of Ayman Mosul and issued directives “resolve the battle”
The Prime Minister briefed the commander of the armed forces Haider al-Abadi on Thursday night on the latest military developments to liberate the right side of the Mosul, and issued directives to the security forces and their leaders to “resolve the battle.”
The Office of the Prime Minister of Media that “Abadi briefed on the latest military developments for the liberation of the right side of the Mosul,” noting that “this came during his visit to the headquarters of joint operations and meeting leaders
“The battle plans have been discussed, and the guidance of our heroic forces and leaders is given to resolve the battle,” the statement said.
“The sacrifices of our forces and the blood of martyrs and wounded have had a great role in achieving victory, and we are determined to liberate the entire territory of Iraq, which was raped by terrorist gangs,” he said. “He said.
It is noteworthy that the security forces are engaged in battles to liberate the remaining areas under the control of the organization “Daqash” in the right side of the city of Mosul, where it made significant progress and the organization suffered heavy losses of lives and equipment, while the military information cell, previously, the liberation of 50% From the old city until now.
Military and security operations are coming, Nineveh ”
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BGG (Dinar Guru) – “Our economy is space. Monetary policy is an example” The…article is a VERY HARD translation – BUT IMHO FILLED with DEAD GIVE-AWAYS! …for those pouting about not being rich yet – this is one more log on the FIRE! What it means is – they are doing things (up until now) this economist doesn’t understand and can’t explain. Quotes: “…we urgently need a new economic philosophy that leads to generating development And to expand the supply and demand for local production in all its variants, especially in an important aspect of monetary policy is dealing with the value of the development of the dinar or the liberation of the value of the dinar...” “The liberalization or floating of the currency is not strange or innovative in the money market, it is a tool of the monetary policy…” BOOOOM…That’s all I have to say. That is a DIRECT narrative on the state of the currency value in Iraq. This was published yesterday. Cannot be anymore direct.
Read more: http://www.dinarupdates.com/observer
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Iraq’s Abadi says committed to pay Kuwait compensations
Abadi and Kuwaiti emir Abadi and Kuwaiti emir. Iraqi Prime Minister, Haider Abadi confirmed Wednesday his country’s commitment to pay the rest of Kuwait compensation estimated at $ 4.6 billion
Abadi described the move as “an obligatory decision
In a press statement, Abadi said Baghdad has provided the Kuwaiti government with information about the missing Kuwaitis
Abadi pledged to end all other issues with Kuwait, pointing out that the two countries have succeeded in restoring balance to their relations
Prime Minister Haider Abadi visited Kuwait last Wednesday as part of a three-day regional tour that also included Saudi Arabia and Iran
Read more: http://www.dinarupdates.com/showthread.php?51137-Iraq-s-Abadi-says-committed-to-pay-Kuwait-compensations-June-28-2017-11-06-PM
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Iraqi Dinar/Dollar auction 06-21-17 (most recent listing)
Currency Auctions Announcement No. 3470
This daily currency auction was held in the Central Bank of Iraq on the 06-21-2017
| DETAILS | NOTES |
| Number of banks | 39 |
| Number of remittance companies | 10 |
| Amount sold at auction price (US$) | 159,617,756 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 159,617,756 |
| Total offers for selling (US$) | —– |
Read More: http://www.dinarupdates.com/observer/
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1184.000 | 1182.000 |
| Euro | EUR | 1325.962 | 1325.299 |
| British pound | GBP | 1515.757 | 1514.999 |
| Canadian dollar | CAD | 895.884 | 895.436 |
| Swiss franc | CHF | 1219.613 | 1219.003 |
| Swedish krona | SEK | 135.962 | 135.894 |
| Norwegian krone | NOK | 140.286 | 140.216 |
| Danish krone | DKK | 178.289 | 178.200 |
| Japanese yen | JPY | 10.663 | 10.657 |
| Special Drawing Rights |
SDR | 1636.868 | 1636.050 |