Iraq Economic News and Points To Ponder Tuesday Evening 6-18-24
Iraq Economic News and Points To Ponder Tuesday Evening 6-18-24
International Finance: Economic Reform In Iraq Is Witnessing An Increasing Pace And We Have Invested About Two Billion Dollars
Economy Today, 17:24 Baghdad - IA - Wissam Al-Mulla The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir told the Iraqi News Agency (INA): “The work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest approximately two billion dollars in a wide range of sectors,” noting that “our work in Iraq will extend our belief in the future prospects of Iraq and the acceleration of the pace of reform.”
"This will be reflected positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sectors."
He added, “The International Finance Corporation is the arm of the World Bank that is concerned with developing the private sector by
providing the necessary financing for private sector projects in addition to
providing advisory services.
Therefore, the framework of the institution’s work expands to include a wide range of financial services to all companies operating in Iraq, in addition to providing consulting services". Zaghir continued,
“The IFC’s thinking relates to a group of sectors whose importance we believe and whose importance we share with the Iraqi government, whether
investing in the Iraqi industrial sectors, where they are productive and an alternative to imports, and the second part relates to the
financial sector, both its banking and non-banking parts, in addition to the importance of investing in infrastructure and improving the services provided.” For Iraqis throughout the country,” pointing out that “the main point is our work and encouraging the private sector and working with it.”
https://www.ina.iq/211005--.html
A list of dollar prices in 3 governorates, including Baghdad
Economy | 02:39 - 06/18/2024 Baghdad - Mawazine News publishes a list of exchange rates for the dollar against the Iraqi dinar in 3 governorates, including the capital, Baghdad.
Baghdad: Selling prices: 147,000 Purchasing prices: 145,500
Erbil: Selling prices: 147,000 Purchasing prices: 146,000
Basra: Selling prices: 146,500 Purchasing prices: 145,500
https://www.mawazin.net/Details.aspx?jimare=249889
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Provoking Thoughts and Points To Ponder On Adversity:
I think these difficult times have helped me to understand better than before how infinitely rich and beautiful life is in every way that so many things that one goes around worrying about are of no importance whatsoever. - Isak Dinesen
Problems are the price of progress. Don't bring me anything but trouble. - Charles F. Kettering
Trouble is the thing that strong men grow by. Met in the right way, it is a sure-fire means of putting iron into the victim's will and making him a tougher man to down forever after. - H. Bertram Lewis
Every time you meet a situation, though you think at the time it is an impossibility and you go through the torture of the damned, once you have met it and lived through it, you find that forever after you are freer than you were before. - Eleanor Roosevelt
I have always fought for ideas - until I learned that it isn't ideas but grief, struggle, and flashes of vision which enlighten. - Margaret Anderson
I have learned in the great University of Hard Knocks a philosophy that no woman who has had an easy life ever acquires. I have learned to live each day as it comes, and not to borrow trouble by dreading tomorrow. It is the dark menace of the future that makes cowards of us. - Dorothy Dix
Discontent and disorder were signs of energy and hope, not of despair. - C. V. Wedgwood
We say: mad with joy. We should say: wise with grief. - Marguerite Yourcenar
There are some things you learn best in calm, and some in storm. - Willa Cather
Discontent is the first step in the progress of a man or a nation. - Oscar Wilde
Were there none who were discontented with what they have, the world would never reach anything better. - Florence Nightingale
http://famousquotesandauthors.com/topics/adversity_quotes.html