KTFA (Delta, MilitiaMan & Don961)

  In KTFA

Don961: Citizens: Prices are at their normal levels

Tuesday 14 April 2020  Baghdad / Farah Al-Khaffaf

Despite halting the import of hundreds of products about a month ago, the markets have not witnessed a clear impact, as happens in countries that are advanced, if hundreds of tons of various foodstuffs and vegetables daily enter Baghdad and the provinces.

The Baghdad Operations Command confirmed the entry of 14,749 wheels carrying foodstuffs to the capital from the beginning of the curfew until now, in cooperation with the Baghdad Chamber of Commerce.

The economist Thamer Al-Azzawi said in a statement to “Al-Sabah”: “Wholesale centers and others have managed to meet the needs of the market so far.”

Animal Production

He added that “the ministries of agriculture and trade succeeded during the period of imposing the embargo in building bridges of trust between farmers and animal production companies, traders and citizens.”

However, he pointed out that “many imported products are beginning to shrink in the markets, calling the crisis cell with the exception and support of factory owners and workers to fill the void.” Citizens assert that “the prices of food and vegetables have not risen well above their rates and the permissible limit.”

Necessary needs

They told Al-Sabah: “When we hear the news and call our relatives in some Arab and western countries as they talk about food shortages, we thank God, especially since most of the necessary and basic needs are available.”

They stressed “the importance of expediting the disbursement of the emergency grant that the government launched an application for, especially with hundreds of thousands of citizens being affected by the curfew.”

In this regard, Minister of Agriculture Saleh Al-Hassani said: “The rise in prices is due to the weak souls of sellers in the markets and we ask the economic security to monitor prices.”

Amid this picture, the Baghdad Chamber of Commerce revealed proposals to address the problems that dealers suffer from due to the current situation.

Commercial traffic

Director of the Supervision and Follow-up Department at the Baghdad Chamber of Commerce Omar Al-Sudani said: “The Chamber presented the traders’ proposals to the Prime Minister regarding the problems that represent a challenge to the commercial movement. ”He pointed out that“ the most prominent of these proposals is to solve the issue of selling the dollar by selling it directly to traders. ” And, as well as facilitating the entry of foodstuffs to all commercial areas through control, without any obstacles. “

Al-Sudani indicated that “the Baghdad Chamber of Commerce went to the local markets and followed all the prices, and what was going on in the stores. Weaknesses, problems, and shortcomings were diagnosed within the stores,” noting that “the room listened to all the merchants, and was briefed on their most prominent problems.”

Enter the trucks

He added that “the problems of the merchants lie in the entry of foodstuffs through the checkpoints to the commercial areas in Baghdad, as well as the sale of the dollar exchange from the central bank, which led to the rise in exchange rates.” People involved”.

He continued, “The prime minister promised that in the coming days, the dollar will be sold directly to the merchant and to all exchange offices and private banks, in addition to facilitating the movement of trucks entering the transport of food materials . ”  link

DELTA: WOW A BOMB ARTICLE…….GREAT JOB DON …………..AS WE KNOW GOV SELLS DOLLARS TO CBI TO MAINTAIN EXCHANGE RATE TOO  …SO IF GOV SELL DOLLARS DIRECTLY TO TRADERS…….THAT’S MEAN CBI DOES NOT NEED DOLLARS FROM GOV ANYMORE…MEANS A NEW RATE ON THE VERGE TO COME OUT…

MilitiaMan:  What a pattern change!! The Dinar will need to be stronger than the dollar for that to work The CBI gave a us video on the historical Dinar.

Then, Delta you brought us the money exchange’s doing the same thing with historic currency on social media.. Showing old notes and coins. The preparation to the citizens is looking to be done.

Now in the coming days they are going to change from the CBI from getting dollars from the GOI, the merchants and private banks will get it directly from the GOI. The CBI will have no dollars. What they will have is a new currency to sell, effectively.

The exchanges will sell dollars for legitimate use, i.e., travel, etc..  The CBI will make money off the Dinar. There will be no MCPs allowed in country for local use. That will require the dollar to be used for outside the country.

So, for this reversal or pattern change is the Big Kahuna imo.. CBI is about to change the rate. Yes, I do agree! ~ PEACE! Let this sink in folks.. Oh ya!! ~ MM

“The official, who preferred to remain anonymous (READ CARE TAKER GOV PERSONNEL) , added that “continuing to hold auctions to sell currency and pump tens of millions of dollars per day to preserve the value of the dinar leads to great risks for the country’s economy, and it is better for the central bank to cancel the currency auction and install its local currency, since most of the beneficiaries are Of these auctions are not businessmen and merchants, but banks, banks and private sector companies dominating the market, a large part of which has been transferred out of Iraq.

According to the official, “There are daily discussions to reach a road map that enables the country to maintain an acceptable exchange secret of the dinar against the dollar.”

Ammar Hamid New Arab  link

DELTA: GREAT JOB BROTHER ……….(thumbs up)