[size=30]Frank26 and KTFA Members "A Float and the Baghdad Summit" 8-27-2021[/size]
KTFA:Frank26: "A FLOAT INTERNATIONALLY AUTOMATICALLY RAISES A CURRENCY'S VALUE".......F26
Don961: The Iraqi Finance Minister supports the floating of the currency
26th August, 2021
Finance Minister Ali Abdul Amir Allawi confirmed on Thursday that he supports floating the currency in a flexible manner.
Allawi said in response to a question by Shafaq News Agency, "The Iraqi currency is floating, but the central bank intervenes from time to time until it places it within a certain bar, (RV/RECALCULATIONS...F26) for example, plus minus 5 percent."
He added, "Personally, for me, the best kind of floatation is flexibility in pricing so that the price is not sacred as it was before when it entered people's minds without change, and thus economic problems accumulate and explode."
The Minister of Finance continued by saying, "There must be some kind of flexibility; it is not the flexibility with which you lose control, but the flexibility that stabilizes the price and setting a range of 2 to 3 percent for both parties." (ARTICLE 8 REQUIREMNENT ACCOMPLISHED...IN A 2ND SET OF BOOKS...F26)
Allawi pointed out that "the central bank's policy is to maintain this price and put the gap between the official price and the market at an acceptable level," noting that "it has also proven that the stability of the exchange rate is important, except in the case of economic indicators that push you towards change."
Floating the currency is fully or partially liberalizing the exchange rate (LET MY EXCHANGE RATE GO!!!...F26) so that the government or the central bank does not interfere in determining it directly, but rather it is automatically released in the currency market through the supply and demand mechanism that allows determining the exchange rate of the national currency against foreign currencies. LINK
Frabk26: "KTFA FAMILY....... KAZEMI WILL SHOW THE WORLD AT THIS BAGHDAD SUMMIT THAT IRAQ IS NOW A LEADER IN THE ARAB STATES!!!".........F26
Don961: Foreign Relations talks about the preparations for the Baghdad Summit: It will strengthen Iraq's position in the region and the world
23rd August, 2021
The Parliamentary Foreign Relations Committee revealed, on Monday, August 23, 2021, the government's latest preparations for a conference of Iraq's neighbors and other Arab and foreign countries, at the end of this month.
Committee member Furat Al-Tamimi said, in an interview with the media, which was followed by "The Obelisk" that most of the invitations reached the leaders of the countries that will participate in the conference, and that the Ministry of Foreign Affairs and the Office of the Prime Minister are in constant contact with the security ministries, other ministries and the parties concerned with receiving the leaders and preparing the venue for the summit, as the Preparations are going as planned, adding that the success of the summit depends on the level of representation that the participating countries will contribute to the conference.
Al-Tamimi added that this conference and previous conferences contributed to strengthening Iraq's position in the region and the countries of the world, stressing that Iraq is an important country for many countries of the world due to its strategic location in the Middle East, which represents a meeting point for the conflicting countries in the region.
Iraq is preparing to host the first conference of regional neighbors at the end of August, with the aim of discussing the political and security challenges facing the countries of the region.
This conference will be the first of its kind at this level after the Arab Summit hosted by Iraq in 2012 and the tripartite summit between Iraq, Egypt and Jordan hosted by Iraq at the end of last June, which was called the New Orient Summit, a term that Al-Kazemi gave. LINK
************
Samson: Source: Surprise in the level of attendance of the countries participating in the Baghdad Conference
08/26/2021 16:25:15
A source in the Prime Minister's Office revealed a "surprise" in the level of attendance of the countries participating in the Baghdad Conference for Cooperation and Partnership.
A source told Middle East News that "the Emirati Crown Prince, Mohammed bin Zayed, will head his country's delegation at this conference, which is the first visit by an Emirati official of this level to Iraq." He added, "The Emir of the State, Tamim bin Hamad Al Thani, will also attend from Qatar, as head of the Qatari delegation, and this is also his first visit to Baghdad." Regarding Turkey, the sources revealed that the head of its delegation will be Foreign Minister Mevlut Cavusoglu.
It also appears that Iran will attend at the level of Foreign Minister Hossein Amir Abdollahian, who took office on Thursday. As for Saudi Arabia, it has not yet decided its level of attendance, but there is no doubt that Saudi Foreign Minister Prince Faisal bin Farhan will participate in the conference, with the possibility of a high level of attendance of the Saudi delegation.
Yesterday, the French presidency announced that Emmanuel Macron will participate in the Baghdad conference because he wants to “show his support for the pivotal role of Iraq, to combat terrorism, to develop the country and to help ease tensions.”
The rest of the permanent members of the Security Council (the United States, Russia, China and Britain) will participate at the level of their ambassadors in Baghdad. but on Wednesday night , spokesman for the Baghdad conference for cooperation and partnership Nizar Algirallh, Wednesday, all security, health and logistics procedures for the completion of the Baghdad summit conference scheduled to take place announced on Saturday. LINK
************
Samson: Expanding diplomatic relations and calming the region.. Arab hopes in the Baghdad conference
26th August, 2021
Today, Thursday, Arab journalists praised the Baghdad Conference for Cooperation and Partnership, to be held next Saturday, while expressing their hope to expand diplomatic relations and calm the region.
The head of the Qatari newspaper, Al-Sharq, Ahmed Ibrahim, told the Iraqi News Agency (INA): “Baghdad has become important in the region and has good relations with all regional countries,” noting that “Iraq was able to form good links with the countries of Iran, Saudi Arabia and Egypt, and these relations pushed the countries to attend the summit.
He added that "the presence of countries for the summit, in addition to choosing the timing of its convening, gave it a high value, especially since all countries want to calm the region." He added that "opening the door for discussion and dialogue made the summit of great importance," explaining that "everyone is waiting for its results and what it will lead to in the end."
For her part, Director of Egyptian TV, Naila Farouk Helmy, said that "the summit is a very important event that could cast a shadow over many areas, including social and economic ones, in addition to dialogue between the countries present at this conference." And she indicated, "It is important to bring the views closer and deliver media messages that contribute to ending the existing differences," noting that "Iraq is a race in the moves that are taking place at the Arab level, especially since everyone is moving towards calm in the region."
And the spokesman for the Baghdad Conference, Nizar Al-Khairallah, confirmed, yesterday, Wednesday, that Prime Minister Mustafa Al-Kazemi has formed a preparatory committee to complete all procedures related to the Baghdad summit.
The capital, Baghdad, is scheduled to host a conference next Saturday, in which nine countries will participate, including Turkey, Iran, Saudi Arabia, Kuwait, Jordan, Egypt, Qatar, the United Arab Emirates and France, while joint operations announced the completion of the security cordons for securing the conference. LINK
Samson: Al-Khair Allah: Through the Baghdad conference, Iraq is looking for economic and investment partnerships
26th August, 2021
Today, Thursday, the Preparatory Committee for the Baghdad Conference for Cooperation and Partnership revealed the most important issues that the conference will discuss, while deciding the position regarding expectations by discussing regional issues.
The head of the committee, spokesman for the Baghdad Conference for Cooperation and Partnership, Nizar Al-Khairallah, told the official agency and received it (Al-Oula News) during a dialogue table with a number of media institutions, that "the countries participating in the conference have good experiences in the field of economy, investment and industry, and Iraq turned as a result of low oil prices and the approval of The white paper for economic reform towards creating a plurality of sources of income in the Iraqi budget and the trend towards agriculture and industry, and this opens up great opportunities.
He added, "Iraq constitutes the largest investment opportunity in the region, and the participation of the countries of the region in the conference will have a key role in supporting economic partnerships in Iraq, and this is what the conference will discuss based on its title, which is the Baghdad Conference for Cooperation and Partnership, and the conference also comes in support of the political and constitutional process in Iraq."
In response to a question by the official agency, which was seen by (Al-Oula News), whether the conference will discuss contentious issues in the region or make reconciliations among some countries, Al-Khairallah clarified that “the conference is not about discussing the region’s crises or any regional files, and it will avoid contentious issues and the leaders are the ones who will determine the direction of The conference, which will search for participants and partnerships that can serve the interests of the Iraqi people and solve economic problems.”
He pointed out that "the timing of the conference before the legislative elections in Iraq will reflect positively on the situation in the country, and it is not possible to estimate the results that will come out before the conference is held." LInk
************
Samson: With the participation of local and international companies.. The launch of the activities of the 14th Sulaymaniyah International Exhibition
26th August, 2021
The General Company for Iraqi Fairs and Commercial Services at the Ministry of Commerce announced, on Thursday, the launch of the opening activities of the Sulaymaniyah International Fair DBX with the participation of (13) local, Arab and foreign countries for the period from 25 to 30 August and on the land of the Sulaymaniyah International Fair, which is organized by the company Iraq progress.
The Director General of the General Company for Iraqi Fairs and Commercial Services, Sarmad Taha Saeed, confirmed in a statement that Mawazine News received a copy of it, that the exhibition, which started its activities on Wednesday, was attended by more than (160) diversified companies specialized in food, detergents, electrical and electronic appliances and light industries. Various specializations from (Iraq, Egypt, Iran, Turkey, Syria, Jordan, China, Germany, France, Italy, Ukraine, Azerbaijan and India). He added that the exhibition witnessed the display of a variety of agricultural, industrial and commercial products, which include types of carpets, various decorations, fabrics, types of detergents, foodstuffs, types of canned goods, incense, perfumes, clothes, furniture, furniture, antiques, handicrafts, copper, ornaments, accessories and some types of kitchen utensils.
He pointed out that the establishment of such exhibitions is a great opportunity for international companies participating in order to display their productions in the markets of the Kurdistan region, which is considered one of the most promising markets, in addition to the openness of Iraqi businessmen and traders to obtain exclusive agencies from these international companies, pointing out that the exhibition is an important step. In order to contribute to increasing and encouraging the volume of trade exchange and experiences and activating relations between Iraqi merchants and their counterparts in various countries of the world.
According to the statement, the opening of the exhibition was attended by the Deputy Minister of Industry and Trade in the Kurdistan Region, the Governor of Sulaymaniyah Haval Abu Bakr, the Director General of the Region’s Electricity Sheikh Walir, the Investment Authority’s assistant, the President of the Chamber of Commerce and Industry in the Sulaymaniyah Governorate, the President of the Iraqi Contractors Union and the Union of Exporters and Importers in the Kurdistan Region, as well as commercial personalities And economic, some businessmen and a large gathering of citizens.
The statement concluded, that the exhibition company in the Sulaymaniyah governorate took upon itself a commitment to the exhibition organizing company to take all precautionary and health measures and to provide the necessary materials and supplies from fogging and sterilization devices to prevent the spread of the Corona virus during the duration of the exhibition and according to the directives of the Crisis Cell and the Ministry of Health and Environment. LINK
Today at 9:56 am by Rocky
» utube 9/16/24 MM&C Iraq Dinar Update - #xrpripple #iraqidinar - Electronic International Payments
Today at 7:22 am by Rocky
» utube 9/17/24 Iraq Dinar Update --Sudani Sadr-Development-Pro
Today at 7:22 am by Rocky
» Al-Sudani directs the preparation of a draft resolution obligating ministries to provide facilities
Today at 7:20 am by Rocky
» Germany: Iraq is making progress towards economic stability
Today at 7:19 am by Rocky
» Al-Sudani: There is no alternative but to have capable Iraqi banks that adopt all financial standard
Today at 7:16 am by Rocky
» Iraq enters into space war confrontations.. Cyber attacks raid Tel Aviv and news indicates that th
Today at 7:12 am by Rocky
» Contrary to expectations.. Al-Sudani's advisor: Non-oil revenues grew at record levels in 2024
Today at 7:09 am by Rocky
» Central Bank of Iraq sells more than $250 million in auction today
Today at 7:06 am by Rocky
» The Supreme Committee for Tax Reform reveals details of the draft of the new income tax law
Today at 7:02 am by Rocky
» A Kurdish delegation will visit Baghdad early next week
Today at 6:59 am by Rocky
» The Commission sets a date for approving the candidates for the Kurdistan elections
Today at 6:58 am by Rocky
» Prime Minister receives Chairman of the Private Banks Association and a number of bank managers
Today at 6:56 am by Rocky
» Parliamentary Investment Committee proposes solutions to cover Iraq's expenses.. What about border c
Today at 6:52 am by Rocky
» Iraq signs $290 million loan agreement with Austrian bank
Today at 6:50 am by Rocky
» The Council of Ministers is studying a decision obligating ministries to provide facilities to suppo
Today at 6:47 am by Rocky
» Iraq of Four Million Employees: Will the Oasis of Jobs Last in the Desert of Opportunities?
Today at 6:45 am by Rocky
» A parliamentarian talks about an Iraqi port in the Red Sea.. These are the details
Today at 6:43 am by Rocky
» The housing crisis is deepening and housing unit prices are astronomical
Today at 6:42 am by Rocky
» Najaf discusses with a specialized German company the establishment of a waste recycling plant
Today at 6:40 am by Rocky
» Second reading increases the yield of calls rejecting the release of terrorists by general amnesty
Today at 6:39 am by Rocky
» Prime Minister: The Central Bank has contracted with Oliver Wyman to develop the banking and financi
Today at 6:37 am by Rocky
» Parliamentary Water Committee identifies the reasons for the continued drought and low water levels
Today at 5:21 am by Rocky
» Al-Fatlawi: There are some parties trying to overthrow Al-Sudani's government
Today at 5:20 am by Rocky
» Parliamentary Investment Committee calls on the government to intervene regarding the insane increas
Today at 5:18 am by Rocky
» Iraq tightens preventive measures on imported goods, especially electronic devices
Today at 5:17 am by Rocky
» Meetings attended by Al-Ameri.. Kurdish blocs unite to cancel Baath decisions regarding agricultural
Today at 5:15 am by Rocky
» Oxford Economics expects Gulf economies to grow by 4.4% in 2025
Today at 5:13 am by Rocky
» With Apple’s participation, the media and communications sector sets a roadmap to build a long-term
Today at 5:12 am by Rocky
» Cabinet Secretariat: Stopping the sale of government properties to its employees is inaccurate
Today at 5:10 am by Rocky
» The Ministerial Council directs the inspection of electronic devices before importing them to avoid
Today at 5:08 am by Rocky
» The Prime Minister directs the preparation of guidelines to ensure fair competition in the banking s
Today at 5:05 am by Rocky
» The Minister of Electricity directs the announcement and referral of the installation of solar energ
Today at 5:04 am by Rocky
» Gulf central banks move interest rates after Fed decision
Today at 5:02 am by Rocky
» Labor: Including allocations for increasing the salary of the full-time appointee in its budget for
Today at 5:01 am by Rocky
» Non-oil revenues top agenda of parliamentary finance visit to Erbil next week
Today at 5:00 am by Rocky
» Housing shortage threatens the stability of millions of Iraqis!
Today at 4:59 am by Rocky
» The Department of Political Dismissals Affairs issues (3519) new decisions for politically dismissed
Today at 4:57 am by Rocky
» Minister of Industry confirms the ministry's commitment to supporting and encouraging the private in
Today at 4:55 am by Rocky
» Finance: Issuing controls to facilitate the implementation of the Owners Law
Today at 4:54 am by Rocky
» Iranian oil official: Iraq owes Tehran no debts, and tripartite negotiations between Iran, Russia, a
Today at 4:52 am by Rocky
» Proposal for employing graduates
Today at 4:50 am by Rocky
» Al-Hasnawi to “Sabah”: Opening of 379 health projects
Today at 4:49 am by Rocky
» The Ministerial Council directs to audit imports of electronic devices
Today at 4:48 am by Rocky
» Launch of the National Climate Change Camp
Today at 4:46 am by Rocky
» Facilitating the implementation of projects on the lands of military institutions
Today at 4:44 am by Rocky
» Urgent measures to address the airlines file
Today at 4:43 am by Rocky
» Warnings against relying on the “rentier economy”: Use effective systems and digital infrastructure
Today at 4:41 am by Rocky
» "Courtesy" manipulates salaries of Kurdistan employees and Baghdad demands a binding political decis
Today at 4:40 am by Rocky
» Opening of the 17th session of the “DBX” exhibition in Sulaymaniyah with the participation of more t
Today at 4:38 am by Rocky
» Iraqi banks dealing with America attract deposits
Today at 4:36 am by Rocky
» Iranians Stole Trump Campaign Material, Offered It to Democrats
Today at 4:35 am by Rocky
» TikTok launches campaign to raise awareness of digital safety tools in Iraq
Today at 4:33 am by Rocky
» Al-Sadr cancels the expected million-man demonstrations in Baghdad: “They are no longer useful”
Today at 4:32 am by Rocky
» "Fares Issa" receives the Ambassador of the Republic of Poland in Baghdad
Today at 4:31 am by Rocky
» Kurdistan Regional Government Representation Holds Training Workshop in Erbil
Today at 4:30 am by Rocky
» The Prime Minister's Office receives the draft income tax law prepared by the German GIZ organizatio
Today at 4:26 am by Rocky
» Finance reassures citizens: We are committed to paying salaries on time
Today at 4:25 am by Rocky
» Oil disappoints hopes, Basra crude completes two weeks of decline: interest rate cuts backfired
Today at 4:22 am by Rocky
» White oil rose 270% and kerosene 47%.. What is the secret behind the increase in fuel consumption in
Today at 4:21 am by Rocky
» Ministry of Finance talks about the fate of employees' salaries and the reasons for the delay
Today at 4:20 am by Rocky
» Baghdad government fails to implement the "generator meters" project and returns to "ampere pricing"
Today at 4:18 am by Rocky
» Money from citizens and treating pipes with "plastic slippers" .. A service project in Diwaniyah tha
Today at 4:17 am by Rocky
» Dollar exchange rates drop in Iraq.. This is the list
Today at 4:16 am by Rocky
» Referral of the rehabilitation project of Imam Al-Sadiq II neighborhood to the judiciary
Today at 4:13 am by Rocky
» Market monopoly is in danger... and the Parliamentary Economic Committee leads the correction battle
Yesterday at 7:16 am by Rocky
» Document warns of environmental danger threatening southern Iraq
Yesterday at 7:15 am by Rocky
» Central Bank Governor: We have put in place methods to secure the provision of dollars and are subje
Yesterday at 7:13 am by Rocky
» MP hints at corruption suspicions in $22 billion railway contract
Yesterday at 7:12 am by Rocky
» MP holds Al-Sudani responsible for withdrawing important laws from the House of Representatives
Yesterday at 7:11 am by Rocky
» Parliamentary Oil Committee accuses the region of smuggling oil
Yesterday at 7:10 am by Rocky
» The Council of Ministers decides to amend the price of industrial oil
Yesterday at 7:06 am by Rocky
» "Al-Eqtisad News" publishes the full decisions of the Cabinet session
Yesterday at 7:05 am by Rocky
» Parliamentary moves to increase state financial revenues
Yesterday at 7:04 am by Rocky
» New mechanism for collecting tax amounts electronically
Yesterday at 7:02 am by Rocky
» Iraqi oil exports rose yesterday to 3.5 million barrels
Yesterday at 7:01 am by Rocky
» South Gas: Integrated Gas Development Project is an Opportunity to Invest Local Hands
Yesterday at 7:00 am by Rocky
» Artawi Project.. A new energy that ignites the Iraqi economy and extinguishes the fires of waste!
Yesterday at 6:59 am by Rocky
» Al-Ghais: Taxes constitute the largest percentage of fuel prices in these countries
Yesterday at 6:57 am by Rocky
» Is the decline in oil prices related to the rise in exchange rates? An "important" clarification fro
Yesterday at 6:55 am by Rocky
» Iraq imports more than 722 million tons of gasoline in three months
Yesterday at 6:54 am by Rocky
» Hermes: Gulf investors have become more selective after the flood of IPOs in the region
Yesterday at 6:53 am by Rocky
» Real estate manipulators between the jaws of the "justice pincers"
Yesterday at 6:51 am by Rocky
» New crime
Yesterday at 6:50 am by Rocky
» Conference to support the private sector
Yesterday at 6:49 am by Rocky
» After the {Sabah} report... a campaign to deport {illegal} workers
Yesterday at 6:48 am by Rocky
» Al-Sudani: Amending the Drug Law raises the level of combating it
Yesterday at 6:47 am by Rocky
» Numbering Nineveh buildings in preparation for the population census
Yesterday at 6:46 am by Rocky
» Labor: Intensive campaign to deport “illegal” workers
Yesterday at 6:44 am by Rocky
» Emaar: The residential complex for journalists will be transferred to an investor
Yesterday at 6:43 am by Rocky
» Government organizes national conference to support private sector
Yesterday at 6:40 am by Rocky
» Real estate inflation
Yesterday at 6:39 am by Rocky
» {Hypermarket}.. Central markets with a new look
Yesterday at 6:38 am by Rocky
» Iraq calls on the international community to shoulder its responsibilities and stop the massacres an
Yesterday at 5:22 am by Rocky
» Al-Maliki's coalition explains the nature of the presence of Hamas and Houthi offices in Baghdad.. A
Yesterday at 5:21 am by Rocky
» What are the goals of Qaani's "secret" visit to Baghdad? - Urgent
Yesterday at 5:19 am by Rocky
» Al-Sudani: The heaviness of the energy system problem in transmission and distribution
Yesterday at 5:18 am by Rocky
» Parliamentary message to Al-Sudani: You have the dangerous Kar file in your hands.. Save public mone
Yesterday at 5:16 am by Rocky
» 15% tax on social media applications in Iraq
Yesterday at 5:15 am by Rocky