Tishwash: Al-Sudani: The doors of Iraq are open for investment
Today, Sunday, Prime Minister Muhammad Shia’ al-Sudani affirmed the agreement with the Syrian side to find coordination mechanisms to confront the prohibitions, and while stressing the need to ensure fair water shares, he pointed out that Iraq’s doors are open for investment.
Al-Sudani added, during a press conference he held with Syrian President Bashar al-Assad, in the Syrian capital, Damascus, followed by NRT Arabic, that “Iraq and Syria are interdependent countries with common ties,” pointing to “the need for coordination to face the challenges facing Iraq and Syria.”
Al-Sudani said, “Security and stability between the two countries are two factors that push towards more interdependence to face the challenges facing our two countries,” noting “Iraq’s support for Syria.”
He said, “The key to regional security and stability is related to the good economic situation,” stressing that “Iraq’s doors are open for investment.”
And he indicated that “there are common challenges with Syria,” adding that “the two countries face challenges of water scarcity, and they must cooperate to ensure fair water shares.”
He pointed out that “Iraq worked hard to return Syria to its seat in the Arab League,” noting that “the pride of the Iraqi people in the steadfastness of the Syrian people in the face of the most severe terrorist attack it was subjected to.”
Al-Sudani continued, “Iraq committed itself to returning its citizens from Al-Hol camp.” link
CandyKisses: The oil and gas law is in the “finishing touches”. And the Democrat stresses: We will not compromise this time
Baghdad Today – Kurdistan
Today, Sunday (July 16, 2023), a member of the Kurdistan Democratic Party, Wafaa Muhammad Karim, revealed that the “final touches” to the “controversial” oil and gas bill have been stalled for years due to political differences over it.
Karim told “Baghdad Today” that “Prime Minister Muhammad Shia’a al-Sudani showed full commitment to approving the oil and gas law during the coming period,” noting that “the approval of the law in the House of Representatives will not take long, and there is continuous communication between al-Sudani and the President of the Kurdistan Regional Government, pleased Barzani, to put the finishing touches on it.
Karim Ali stressed, “The Democratic Party will not compromise this time on adding amendments and mixing political papers with a technical law,” noting that “approving the law will contribute to resolving most of the outstanding disputes between Baghdad and Erbil for years, and we believe that the Sudanese is serious about approving the law despite political pressures.” .
It is noteworthy that one of the issues that raised controversy between Erbil and Baghdad for many years is the ratification of the oil and gas law, but it was agreed to approve the draft law between the two parties within the framework of a political agreement that led to the formation of the current government.
The ministerial curriculum of the Sudanese government includes a paragraph stipulating the legislation of the oil and gas law, within a period not exceeding 6 months from the start of its work, which has been delayed for several months now.
The Kurdish blocs in the parliament are seeking to pass the draft oil and gas law by approving it in accordance with Article 112 of the Iraqi constitution, and according to the government platform, the project must be submitted to parliament during the current government period.
The Sudanese Prime Minister has previously considered this law the only way to resolve the outstanding differences and problems with the Kurdistan Regional Government.
Courtesy of Dinar Guru
Mnt Goat Article: “IRAQ: REVITALIZING THE STOCK MARKET” Article quotes: “…there is an urgent need to activate the role of the stock market as a mirror reflecting economic activity in the country“; “It is said that the size of the cash block that is hoarded outside the banking circulation space amounts to about 70 percent of the cash issued” Remember a lot of this cash is outside the country in our pockets and they won’t get it unless they reinstate the dinar and we can go to the bank and exchange at a rate we want as investors. Heck they sold us this currency in a time of need and now, as they are so rich, they have to pay us for it with a higher exchange rate.
yada Article: “A statement from the Central Bank regarding the campaign to support the dinar” Quote: “…the Deputy Governor of the Central Bank, Ammar Khalaf, announced the success of the campaign to support the dinar, and while confirming the application of controls that helped stabilize the exchange rate, he pointed out that there is no problem with the
amount of foreign currency supply.” This statement will nullify a few in dinarland who think there too much money out there. Fact is, that money in the central banks of other countries will be used to invest and buy in Iraq because they will only be using dinars. We are in the best of positions, the one about to enter the banks.
Wrong economy Iraq CBI will make things strong
Steve Forbes On Recession Warnings, Cure For Inflation, Future Of Media
David Lin: 7-16-2023
Steve Forbes, Chairman of Forbes Media and former Presidential candidate, discusses the state of the economy, entrepreneurship, and media.
0:00 – What caused inflation?
3:00 – Economic growth
4:00 – Flat tax rate
10:41 – Media
15:43 – Threats to the U.S.