News, Rumors and Opinions Wednesday Afternoon 2-9-2022

Feb 9

KTFA:

Samson: A disaster in Iraq.. the fall of the Iraqi dinar will shock you!

8th February, 2022

It is not just a fantasy, but a very painful reality. Iraq is the father of oil and bounties. The dinar has been swallowed up in the worst value for many years.

Between the forties of the last century, a thousand dinars were equal to a locality or a residential building, but today it is not equal to five sums.

VIDEO LINK LINK

Samson: After “Al-Bayda”, Iraq intends to launch the “Green Paper”

9th February, 2022

The Ministry of Environment intends to launch the “Green Paper” to promote diversification in the field of economy and energy.

The Minister of Environment with administrative, financial and technical powers, Jassim Al-Falahi, said that “Iraq will soon launch the Green Paper, a national strategy to promote diversity in the fields of economy and energy, which parallels in its work the white paper previously launched by the government for economic reform.”

Al-Falahi added in an interview with the official “Al-Sabah” newspaper, which was followed by “Mawazine News”, that “the paper will be a new beginning for a comprehensive economic vision that depends on strengthening productive sectors such as agricultural, industrial and tourism, enhancing state revenues and not relying on fossil fuels and crude oil as a main source of the economy.”

Al-Falahi described climatic changes around the world as “enormous”, especially that Iraq is one of the five countries most affected by it, noting that it “significantly affected land degradation, increased rates of desertification and drought, and reduced the agricultural area and thus food security.” LINK

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Samson: The border ports start activating the electronic customs and tax receipt verification program

9th February, 2022

The Border Ports Authority announced, on Wednesday, that it has started activating the electronic customs and tax receipt audit program.

A statement by the authority, received by Mawazine News, stated that “the Directorate of the Single Window of Trade Exchange and the Information Technology Department, in coordination with the General Authority for Customs and Taxes, began activating the program for checking the customs and tax receipts electronically through a program that was prepared with self-efforts by the Border Ports Authority.”

Indicating that “this came, based on the directives and recommendations of the Diwaniyah Order Committee (22 of 2020) issued by the Committee for the Management and Coordination of Government Activity towards Electronic Governance, and through the team charged with automating ports and customs.”

The statement added that “the launch of the program on 7/2/2022 is considered as a first stage by sending a joint committee of the aforementioned bodies to the Al-Mandhiriya border port,” noting that “this important step is the first starting point for applying the electronic audit of customs and tax receipts at other ports.” all”.

He continued, “These procedures come as a continuation of the electronic work practiced by the Border Ports Authority, through the electronic platform in place at the main gates of the ports,” stressing that “these electronic procedures will contribute to preventing fraud, manipulation of fees or distortion in the description of goods.”

He pointed out that “the authority is proceeding in coordination with all operating departments, in order to tighten control over the border crossings and prevent smuggling attempts or waste of public money.” LINK

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Courtesy of Dinar Guru

Sandy Ingram Why do we keep talking about Iraqi oil...? It's because we are hoping the massive oil revenue in U.S. dollars will help Iraq to fix the country's domestic issues and then revalue the currency...

Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI is telling us that it is their priority to change the exchange rate back to the previous rate. ...if they were going to move back to 1190 they would not be waiting for any seating of the government. They would just go back to the program rate 1190. This alone says something is up...it seems that they are going back to the 'glory days' not to the program rate. FRANK: Mathematically it will not work at 1190 so yeah they're talking about the 'glory days' rates....