WOTS THU JAN 13 22
Iraq's credit rating will rise with the payment of the last dues of Kuwait's compensation
Missiles target the Green Zone and the C-RAM system responds
On Thursday, January 13, 2022, missiles targeted the US embassy in the Green Zone in central .Baghdad .A security source told Al-Masala that missiles targeted the US embassy in the Green Zone .He pointed to the sound of sirens from inside the US embassy and the response of the C-RAM system in Baghdad
What is the consequence of stopping the work of the Presidency of Parliament?
An Iraqi legal expert explained, on Thursday, the repercussions that will result from the decision of the Federal Supreme Court to stop the work of the Presidency of Parliament.
Muhammad Al-Saadi told Shafaq News Agency, "The work of the parliament is now suspended after a pro-federal order was issued by the Federal Court to temporarily stop the work of the Presidency of the Council."
He added, "Parliament cannot hold any regular session, take any action, or elect the president of the republic until the issue is resolved."
Al-Saadi pointed out that "the decision to stop is not specified for a specific period, and it may take a week, a month or more."
Earlier on Thursday, the Federal Court decided to temporarily suspend the work of the Presidency of Parliament until two lawsuits regarding the legitimacy of the first session are resolved.
According to the Federal Court, Representatives Mahmoud al-Mashhadani and Bassem Khashan filed two lawsuits, requesting the issuance of a wilaya order to stop all measures taken by the House of Representatives, the Speaker and his two deputies until the two lawsuits are resolved regarding the challenge to the constitutionality of the first session and all legal procedures that were issued in it, including the procedures for electing the president and his two deputies.
Al-Halbousi receives an official invitation to visit America
The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, received, on Thursday, an official invitation from the US State Department to visit the United States.
Al-Halbousi's media office said, in a statement received by Shafak News Agency, that the US Secretary of State, Anthony Blinken, sent, via a phone call, an official invitation to Al-Halbousi to visit the United States of America as soon as possible.
After congratulating Al-Halbousi on his assumption of the presidency of the House of Representatives, Blinken stressed the continuation of cooperation between the two countries in all fields.
The Federal Court decides to temporarily suspend the work of the elected Presidency of the Parliament (documents)
On Thursday, the Federal Supreme Court of Iraq decided to temporarily suspend the work of the elected Presidency of the Parliament.
According to documents obtained by "Nass" (January 13, 2022), the court's decision to suspend the work of the Presidency of Parliament, which was elected last Sunday, came at the request of Representative Basem Khashan and Representative Mahmoud Daoud, to issue a loyalty order against Parliament Speaker Muhammad al-Halbousi and his two deputies. Until the resolution of the two calls for the first session of Parliament.
Where the attorney for the two representatives claimed that the first session of the House of Representatives, which witnessed the election of the Presidency, was marred by legal and constitutional violations.
Al-Kazemi holds a series of meetings with the United Nations representative and a number of ambassadors
Today, Thursday, Prime Minister Mustafa Al-Kazemi held a series of meetings with the representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert, and a number of ambassadors.
The media office of the Prime Minister said in a statement received by (Al-Rabaa), that "Prime Minister Mustafa Al-Kazemi, separately received the United Nations envoy in Iraq and a number of ambassadors of friendly countries, to discuss Iraqi affairs, bilateral relations, areas of common interests, and coordination on the scene. International," noting that "Al-Kazemi received the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Plaschaert, and during the meeting, they discussed various files in which the international organization cooperates with Iraq, and everything that would strengthen peace and stability and Iraq's role regionally and internationally."
He added, "The Prime Minister received the French Ambassador to Iraq, Eric Chevalier, and his accompanying delegation, and during the meeting, they discussed ways to develop cooperation and consolidate bilateral relations between Iraq and France, and Al-Kazemi affirmed Iraq's keenness to build the best partnership and exchange relations with France, in a manner that strengthens the bonds." The friendship between the two peoples, the Iraqi and the French.
The statement pointed out that "Al-Kazemi also received the new ambassador of the Italian Republic in Iraq, Maurizio Cricante, who conveyed the greetings of the Italian government, and its wishes for the continuation of the progress achieved by Iraq at various levels, and the meeting discussed aspects of joint cooperation between Iraq and Italy, which will chair during the current year the NATO mission in Iraq." And the role it can play in providing advice and training to the Iraqi forces, and the meeting discussed ways to strengthen bilateral relations in various fields such as economic, cultural, and health for the benefit of the Iraqi and Italian peoples.
The statement added, "Al-Kazemi also received the Russian ambassador to Iraq, Elbrus Kutrashev and his accompanying delegation, and the meeting witnessed discussions on Iraqi-Russian relations, ways of developing them and prospects for expansion, as well as discussions in the areas of Iraqi cooperation with friendly countries, and strengthening the positive Iraqi role, in a manner that enhances the region's security and stability."
International reports: Oil prices may reach $125 this year
JPMorgan expects excess production capacity in the Organization of the Petroleum Exporting Countries (OPEC) to decline over the course of 2022, which increases the risks of a sharp increase in crude prices.
The US investment bank said that it "expects oil prices to rise to reach $125 a barrel this year and $150 a barrel in 2023."
Oil prices hit two-month highs on Wednesday, supported by a supply shortage, as crude inventories in the United States, the world's largest consumer, fell to their lowest levels since 2018.
The bank said in a note that assuming production at the current quotas, the surplus production capacity of OPEC will fall to four percent of the total production capacity by the fourth quarter in 2022, from 13 percent in the third quarter in 2021.
He added that "weak investment within the OPEC + countries and the increased demand for oil after the pandemic may lead to a potential energy crisis.
Parliamentary recommendation to determine the salary scale for the private sector
Today, Thursday, the Kurdistan Democratic Party announced solutions to transform Iraq's economy from rentier to productive, while recommending the need to determine the salaries of the private sector.
The representative of the Kurdistan Democratic Party, Majid Shankali, said in an interview with the Iraqi News Agency and followed by "Economy News", "The coming period will work in cooperation with the government to maximize state revenues and not rely on the rentier economy and enact laws that encourage investment and support the private sector, and the working class from Through the Unified Retirement and Social Security Act.
Shankali stressed, "the necessity of determining the salaries of work in the private sector, given that there are large differences between employees and workers in the private sector in terms of salaries, which pushes everyone to search for government jobs to secure the pension, and this constitutes a great burden on the government."
Shankali stressed: We have disguised unemployment in state departments of up to 60%, noting that “the parliament will work in the next stage to build a state of strong institutions and the rule of law, through the enactment of laws, especially since there is a strong bloc that can support the new government to legislate the laws of its choice
Specialists: Moving the private sector increases development
rates
Hussein said, "The private sector is an essential axis in the sustainable development process, whether in the country or developed and developing countries, because of its advantages and capabilities that qualify it to play a leading role in the economic and social fields in light of a global trend to give it more roles," stressing "the existence of strategic links." There is a significant relationship between the private sector and the process of economic and development growth, and that most economic studies confirm the existence of a positive relationship between them.” The dean added that productivity growth is closely related to private investments and the transformations that took place in economic policies in the last two decades of the last century towards the market, and this matter reinforced the heavy dependence on the private sector and its role in overall investments.
Officially.. Barham Salih is running for the second term as President of the Republic
Early on Thursday, a parliamentary source said that the outgoing President of the Republic, Barham Salih, has nominated himself again for the second term.
The source told Shafaq News Agency, that Saleh submitted his candidacy papers for the presidency of the Republic officially to the Iraqi parliament today.
And sources in the Patriotic Union of Kurdistan had told Shafak News Agency, that the party would nominate the current president, Barham Salih, to occupy his position for a second term.
The Iraqi Council of Representatives had opened the door for nomination on Monday for the position of President of the Republic, with one of the candidates being elected within a maximum period of February 8.
Iraq's credit rating will rise with the payment of the last dues of Kuwait's compensation
Financial experts point out that Iraq's economic situation is supposed to improve for 2022 and be further strengthened with Baghdad paying the last installments of the financial compensation for the invasion of Kuwait imposed on the country since 1991.
On December 22, the Central Bank of Iraq announced the payment of the full financial compensation amounting to 52.4 billion dollars approved by the United Nations in favor of Kuwait due to its being invaded by Iraq. . Thus, Iraq has completed the payment of the full amount of compensation, a total of 52.4 billion dollars, according to United Nations Resolution No. 687 of 1991.
Mazhar Muhammad Salih, financial advisor to Prime Minister Mustafa Al-Kazemi, told Al-Monitor that the payment of the last installment has boosted Iraq's credit rating, adding, "Accredited international rating agencies have placed Iraq in the B category of the credit rating, and the international financial institution will have a positive view of Iraq's capabilities." Finance.”
Saleh indicated that despite paying the last installment, Iraq still bears deferred debts to international credit institutions, despite the possibility of resolving this issue soon. He stressed, "This debt is owed by approximately 12 countries, including four Gulf countries, and dates back to the pre-1990 era." He said that according to the Paris Club agreement signed between Iraq and international credit institutions, it is assumed that 80% of the value of the debt, or approximately 41 billion dollars, will be deducted, “and then it will be equal to 8-9 billion dollars only as a result of the Iraq-Iran war, and I expect that it will be Turn it off completely.”
The financial advisor adds that "the accumulated funds for these compensations will annually provide approximately $2 billion at least, which in turn will strengthen Iraq's budget and provide a settlement for external debt dues, or provide sums of money that go to productive investment projects."
The economic expert at the secretariat of the former cabinet, Salam Sumaisem, told Al-Monitor, “Settlement of compensation and debts improves the country’s financial capabilities as long as these funds are used for development and investment projects. The next financial abundance should not be wasted, as many opportunities have been wasted over the past years.”
Abbas Abboud, an academic and writer, told Al-Monitor that Iraq's payment of the last installment will reduce the psychological impact on Iraqis and will push toward balanced political relations with the Gulf countries in general and with Kuwait in particular.
As for the political analyst, Qassem Al-Gharawi, from the Iraq Institute for Strategic Studies, he told Al-Monitor that "there are government parties trying to redirect the sums that were earmarked for settling compensation towards establishing sovereign funds for future generations." He pointed out that with that, the sums that were previously allocated to Kuwait's compensation, it is better to use it now in a program to develop sustainable development projects outside the authority of the government.
Manar al-Obeidi, an economic analyst and the official spokesperson for the Emtadad Movement, told Al-Monitor that the settlement “will increase Iraq’s income, especially taking into account that 5% of oil sales were deducted to pay the compensation premiums.” He pointed out that Iraq's foreign debt has fallen to 20 billion dollars, or approximately 15 percent of the gross domestic product, which is a small percentage compared to other countries. But he stressed that the fact remains that the growth in infrastructure and services facilities is still low.
Analyst and economic expert, Hussein Saqib, said that the previous compensation funds could be used to support small and medium investment projects, provided that these projects are subject to monitoring and evaluation. Saqib believes that fiscal policy needs reforms and clarity as far as performance is concerned. Economic experts and global advisory bodies should help formulate financial policies, noting that there is a need to amend and reform the budget law so that public revenues can support economic development.
It is noteworthy that most of Iraq's debts resulted from the uncalculated military adventures of the former regime. Paying the final installment to Kuwait may lead to financial abundance, if the economic decision-making process is reformed away from the routine administrative mentality.
Legal clarification regarding the Federal Court’s decision to stop the work of the Presidency of Parliament
The legal expert, Tariq Harb, confirmed today, Thursday, that the Federal Court order recognized the constitutionality of the election of the Speaker and his two deputies.
In a statement received by Mawazine News, Harb said, “The Supreme Court’s order recognized the constitutionality of the election of Parliament Speaker Muhammad al-Halbousi and his two deputies, and did not cancel the measures taken by the Presidency of the Council against deputies in the name of Khazal Khashan and Mahmoud al-Mashhadani, and this is clear from the court’s decision that I mentioned in the line. the elected Presidency of the House of Representatives – so the court’s order is on future cases and not on previous cases that were issued against Al-Mashhadani and Khashan,and the election of the head of the Halbousi Council and his two deputies are procedures It is not covered by the state order because it was previously taken by the House of Representatives and supported by the Supreme Court.”
He explained that “the state order includes stopping the new and future work of the Presidency of the Council only. The election procedures are constitutional when the matter described the election Presidency, which supported the election, and the court’s description of the Presidency of the Council of Representatives with the phrase elected in the first session on 1/9 means the court’s recognition of the legality and constitutionality of the session election of Al-Halbousi and his two deputies.
And he continued, “The state order stated that the suspension is temporary and the possibility of canceling the suspension exists at any moment, and this was confirmed by the presence of Khazal Khashan with me in the neutral program at nine o’clock in the Iraqi News, as he admitted losing the case, and the Supreme Court did not support any of his requests or those of al-Mashhadani.”
Economic Adviser: The State Budget May Become Empty Next Year
The economic advisor, Alaa Al-Din Al-Qusayr, warned, on Thursday, that the state budget may be empty during the year 2023, while noting that the House of Representatives from 2006 until now has cost the state huge sums.
Al-Qusayr said, in a statement reported by the newspaper “Al-Sabah” and seen by “The Information”, that “the House of Representatives from 2006 until now has cost the state huge sums,” adding that “Members of Parliament in countries of the world such as Britain or Germany have certain allocations such as transportation or danger, and when the session ends. He returns to his previous job and work, but in Iraq, the issue has become complicated in thinking, feeling and application.”
He added, "This error is structural by subjecting the entire state entity to an issue called (blackmail)."
Al-Qusayr explained, “The problem is not only with retirement, which is not proportional to the length of service, but with the deputy keeping the protection staff, the cars or the house in which he lived, and the privileges after the end of his term, and all of these are calculated on the general budget, which could be empty in the year 2023.”
Economist: The Salaries Of The Three Presidencies Amounted To More Than 344 Billion Dinars
The head of the Iraqi Economy Alliance, "Economists", Uday Al-Alawi, revealed, on Thursday, that the total salaries of the three presidencies in last year's budget amounted to more than 344 billion dinars.
Al-Alawi said in an interview seen by "The Information", "The salaries of the Presidency of the Republic in last year's budget amounted to 35.639 billion dinars, the House of Representatives 228.141 billion dinars, and the General Secretariat and the Prime Minister's Office amounted to 81.176 billion dinars, bringing the total salaries to 344.956 billion dinars."
He added that "the number of employees in these departments is 5,926, with the average monthly salary for one employee reaching 4.850 million dinars," noting that "the problem lies in the allocations and other expenses of these departments."
The new legislative session, “the economic cycle”, is necessary to lay the foundations for two files on which the fate of Iraq
The economy stands at the top of the expected priorities of the new parliament and the next government, which is not summarized in legislative solutions, aid, loans and financial payments to groups of people, but rather in economic establishment and reform of the entire institution, on top of which is addressing the issue of the private sector as an alternative to government employment, as well as diversifying revenues and not relying on oil only. .
Representative of the Kurdistan Democratic Party, Majid Shankali, said in a statement followed by “Yes Iraq”, that “the coming period will work in cooperation with the government to maximize state revenues and not rely on the rentier economy and enact laws that encourage investment and support the private sector, and the working class through the retirement law Unified and Social Security.
Shankali stressed, “the necessity of determining the salaries of work in the private sector, given that there are large differences between employees and workers in the private sector in terms of salaries, which prompts everyone to search for government jobs to ensure the pension, and this constitutes a great burden on the government.”
Shankali stressed: We have disguised unemployment in state departments of up to 60%, pointing out that “Parliament will work in the next stage to build a state of strong institutions and the rule of law, through the legislation of laws, especially since there is a strong bloc that can support the new government to legislate the laws of its choice.” “.
And specialists consider that Finance Minister Ali Allawi’s warning about the possibility of laying off employees within 10 years after the collapse in demand for oil due to the shift to cars that run on electricity and other means of transportation, at a time when transportation represents 60% of oil production in the world, as a bell. A warning to the political forces in Iraq and a warning to them to take decisive decisions in this regard, amid suggestions of action by the political blocs that intend to form the next government, as well as the presence of economists from the new emerging blocs and their economic programs that may push Parliament to legislate serious laws in this regard and the government’s work to implement all This would support the private sector, especially the Social Security Law, which will guarantee pensions to workers in the private sector, and thus the demand for government employment will gradually decrease.
In addition, investing in new sectors is one of the most important things that the government should move towards, or establish the legislative and executive authorities for it during the coming period, at least, to reduce dependence on oil
Below here is the daily WOTS report Word on the Street for January 13th, 2022
Publishes the dollar exchange rate on the local stock exchange for Thursday, (January 13, 2022), according to the monitoring of specialists.
Baghdad - the stock exchange
148,100
....
The price in most Baghdad exchanges
Purchase
147,500
sale
148,500
———————————-
Erbil - Bursa
148,125
—————————
Basra - Bursa
148,150
—————————
Mosul - Bursa
148,150
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1423.4000 |  1475.8000 | 1457.6000 | 1457.3000 | 1457.3000 | 0.1000 | 07:45 |
| USD/VND | 22710.0000 | 22720.0000 | 22701.8600 | 22697.8300 | 22701.8600 | -4.9500 | 21:39 |
| USD/CNY | 6.3594 | 6.3614 | 6.3627 | 6.3566 | 6.3570 | 0.0018 | 05:12 |
| USD/KWD | 0.3014 | 0.3024 | 0.3021 | 0.3017 | 0.3021 | -0.0004 | 05:06 |
| GBP/USD |  1.3748 | 1.3749 | 1.3748 | 1.3695 | 1.3696 | 0.0052 | 05:20 |
| USD/IRR | 42005.0000 | 42505.0000 | 42234.8000 | 42218.3000 | 42234.8000 | -8.0000 | 00:00 |
| USD/IDR | 14285.0000 | 14285.0000 | 14326.0000 | 14273.0000 | 14299.0000 | -20.0000 | 05:19 |
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International reports: Oil prices may reach $125 this year
JPMorgan expects excess production capacity in the Organization of the Petroleum Exporting Countries (OPEC) to decline over the course of 2022, which increases the risks of a sharp increase in crude prices.
The US investment bank said that it "expects oil prices to rise to reach $125 a barrel this year and $150 a barrel in 2023."
Oil prices hit two-month highs on Wednesday, supported by a supply shortage, as crude inventories in the United States, the world's largest consumer, fell to their lowest levels since 2018.
The bank said in a note that assuming production at the current quotas, the surplus production capacity of OPEC will fall to four percent of the total production capacity by the fourth quarter in 2022, from 13 percent in the third quarter in 2021.
He added that "weak investment within the OPEC + countries and the increased demand for oil after the pandemic may lead to a potential energy crisis
Parliamentary recommendation to determine the salary scale for the private sector
Today, Thursday, the Kurdistan Democratic Party announced solutions to transform Iraq's economy from rentier to productive, while recommending the need to determine the salaries of the private sector.
The representative of the Kurdistan Democratic Party, Majid Shankali, said in an interview with the Iraqi News Agency and followed by "Economy News", "The coming period will work in cooperation with the government to maximize state revenues and not rely on the rentier economy and enact laws that encourage investment and support the private sector, and the working class from Through the Unified Retirement and Social Security Act.
Shankali stressed, "the necessity of determining the salaries of work in the private sector, given that there are large differences between employees and workers in the private sector in terms of salaries, which pushes everyone to search for government jobs to secure the pension, and this constitutes a great burden on the government."
Shankali stressed: We have disguised unemployment in state departments of up to 60%, noting that “the parliament will work in the next stage to build a state of strong institutions and the rule of law, through the enactment of laws, especially since there is a strong bloc that can support the new government to legislate the laws of its choice
Officially.. Barham Salih is running for the second term as President of the Republic
Early on Thursday, a parliamentary source said that the outgoing President of the Republic, Barham Salih, has nominated himself again for the second term.
The source told Shafaq News Agency, that Saleh submitted his candidacy papers for the presidency of the Republic officially to the Iraqi parliament today.
And sources in the Patriotic Union of Kurdistan had told Shafak News Agency, that the party would nominate the current president, Barham Salih, to occupy his position for a second term.
The Iraqi Council of Representatives had opened the door for nomination on Monday for the position of President of the Republic, with one of the candidates being elected within a maximum period of February 8.
Specialists: Moving the private sector increases development
rates
Hussein said, "The private sector is an essential axis in the sustainable development process, whether in the country or developed and developing countries, because of its advantages and capabilities that qualify it to play a leading role in the economic and social fields in light of a global trend to give it more roles," stressing "the existence of strategic links." There is a significant relationship between the private sector and the process of economic and development growth, and that most economic studies confirm the existence of a positive relationship between them.” The dean added that productivity growth is closely related to private investments and the transformations that took place in economic policies in the last two decades of the last century towards the market, and this matter reinforced the heavy dependence on the private sector and its role in overall investments.
CBI Update: Just a note:
including $29,090,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
1-12-2022 Intel Guru Frank26 Article file - they are talking about monetary reform. Quote "in the light of international projects, which enhances a stable dinar...meaning that monetary policy requires transparency through which it is presented in the next budget." It's no longer a secret...as soon as the new seated government passes the budget laws, the budget, white papers and exchange rate will be exposed IMO...
1-12-2022 Intel Guru MarkZ [via PDK] [Could the RV happen worldwide and they leave the US out?] I am not hearing that from any contacts…no one I talk to around the globe has heard that…no one from DOD, DHS or banks think that is an any way accurate.
1-12-2022 Intel Guru Fleming Iraq tried to RV so that Dr. Shabibi could witness the completion of his life’s work...This RV GCR is in HIS HONOR...May he be honored throughout history for the important role he contributed in changing every System. Truly a Legacy to be proud of. Thank you, Dr. Shabibi!
1-12-2022 Intel Guru Bruce [via WiserNow] ...Iraq has been doing what they are supposed to do for a long time...They do have a new rate – they had it a week ago last Sunday and then supposedly they were going to bring out a new rate this past Sunday but then their banks were closed Monday and then they were going to bring it out today [Tuesday]...Well – the latest information we got from one of our sources in Fallujah today was the big screens are there – they are going to announce their new rate and bring it out...(Wednesday) the 12th - that’s very interesting...our sources are talking about us getting started as early as tomorrow afternoon – it could be hit and miss – between now and Saturday...I feel like we really are there – Iraq is ready to go...
1-12-2022 Newshound Guru Kaperoni ...Nothing is moving fast in Iraq, they're not in a position to do anything until they have a government, pass laws and have investment for the private sector.
1-12-2022 Regular Guy Guru Vital Brad I'm just a regular guy with dinar. I try to do research on it to figure out what's going on. I try to gather information...and decipher through some of this stuff...I'm not a financial advisor. I've got debt that I'm working on getting paid off. I work a job. I have a car payment. Rent...I'm working the grind day-in-day-out trying to support a family...I don't know if this is ever going to happen. I hope just like Kuwait the Iraqi dinar revalues and the people 'in the know' benefit from it. I'm trying to let as many people know about it as possible so when it does happen it's not just the elites that are 'in the know'... everyday people have the opportunity to know about this as well.
1-12-2022 Intel Guru MarkZ [via PDK] I don’t think there is a hold up. I think they have decided exactly what the plan is and are playing it out in a very methodical fashion. I do not think there has been another “can kick”. [multiple reports that Iraq is going to go by the 15th - regardless of anyone else being ready.] I am still hearing that out of Iraq as well...We do not control the timing…but this will happen! [Rumors are Iraq released the new rate overnight?] I hear they are still pushing forward and the new rate can go at any time. This is from a contact within the Iraqi Finance ministry.
1-12-2022 Intel Guru Frank26 Article: "The Ministry of Foreign Affairs announces Iraq's exit from the European Union's list of high-risk countries" From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate. This is how you take a program rate and you throw it back to the United Nations or whoever gave it to you. Way to go! Article: "Al-Kazemi's comment on the European Union's decision to remove the name of Iraq from the list of high-risk countries" What does this mean? It means the whole world is going to flow back into Iraq because there is no fear any longer. They're stable. They're secure. They have a currency. They have a brand new central bank even Dubai is jealous...
1-12-2022 Newshound Guru MilitiaMan Article: "Barzani: Joint work between Baghdad and Erbil contributed to Iraq’s exit from high-risk countries" I like the sounds of this article, as it is in past tense. A good sign that there is consensus between Baghdad and Erbil. The linkage of the Kurdistan Regional Government to the global system is very telling. They are achieving success today and are saying that they will look back to today, as a turning point for a prosperous global future for the people of Kurdistan. This is a good sign of change to come...All good news.. imo.
1-12-2022 Intel Guru MarkZ [via PDK] [ (Guru) Fleming also said don't wait 30 days to redeem your Dinar, they are going obsolete when the price of oil is between 100 – 120.] I am hearing you want to get in and get exchanged…. I am still hearing we will have 30 days but, I would not dally. Best to be on the safe side.
We emphasize the speedy identification of the features of the old municipality in Najaf, and attention must be paid to other archaeological areas in the province; Being part of Najaf's historical identity, it is the city of science, scholars and distinguished references. We instructed to start setting up an appropriate mechanism for urban renewal in Najaf Governorate and the Old City, whose implementation has been suspended since 2010, and to expedite the selection of a global consulting company to audit data and studies, and make recommendations on them, provided that the Central Bank provides the amounts allocated for implementation, and the formation of a committee consisting of a Minister Construction, Housing and Municipalities, and a number of consultants; to establish an implementation mechanism. We must benefit from the successful experiences of countries in the field of urban development, as billions were spent and what the citizens aspired for was not achieved, and everyone should learn how to provide the best service to the citizen. The most important issues related to Najaf Governorate will be presented in the upcoming Cabinet session, and decisions will be taken on them. We confirm our agreement to increase the share of Najaf Governorate from fuel.
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