Dinar Recaps

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"Tidbits From TNT" Monday 9-25-2023

TNT:

Tishwash:  Watch for future meetings with America to arrange the withdrawal of its forces from Iraq

Security expert Fadel Abu Ragheef confirmed on Monday that the joint Iraqi-American committee will soon hold its meetings in order to arrange the withdrawal of the American army from Iraq. 

Abu Ragheef said in a statement to Al-Maalouma, “Prime Minister Muhammad Shiaa Al-Sudani, during his visit to the United States of America to participate in the annual session of the United Nations, was keen to make the file of ending the presence of international coalition forces a priority in his files.” 

He added, "An agreement was reached between the government side and the American side to form a joint committee to reschedule and organize the presence of advisors," noting that "the committee will hold its meetings in the coming days to arrange the withdrawal."

Abu Ragheef explained, “The Sudanese stressed the necessity of reorganizing the presence of the international coalition and demanding that Iraq be provided with modern weapons and equipment and that members of the security forces undergo courses to raise the efficiency of the combat level, as well as providing Iraq with security information to activate the intelligence aspect.” 

 The Prime Minister announced several days ago that his government had received a draft of a memorandum of understanding from the US Department of Defense, indicating that the draft is currently under study by the Iraqi Ministry of Defense related to the form of the relationship between Iraq and the international coalition.    link

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Tishwash:  Al-Sudani: Electronic payment is one of the most important financial reform measures of the government

Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired a special meeting to follow up on the implementation of the unified treasury account and electronic payment.

The Prime Minister’s Media Office stated in a statement, a copy of which was received by NRT Arabic, that “Prime Minister Muhammad Shiaa Al-Sudani chaired today a meeting devoted to discussing and following up on the steps for implementing the unified treasury account, and completing the application of electronic card/POS payment points, as well as discussing the facilities and incentives that It can be provided to citizens who use electronic payment, with the aim of encouraging them to do so.”

He explained, "The Prime Minister listened to a comprehensive presentation on the measures taken in this path, the rates of progress and requirements, as he stressed the necessity of continuing to hold meetings with technicians and specialists to remove the sanctions."

He pointed out during the meeting that, “These steps are among the most important financial, banking and economic reform measures, which the government is focusing on as a priority in its program.”  ink 

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Tishwash:  Iraqi Central Bank to Restrict Internal Trade to Iraqi Dinar (Bloomberg)

Iraq’s central bank will restrict all internal commercial transactions to the Iraqi dinar starting next year, the bank said in a statement, citing governor Ali Al-Allaq.

The step appears aimed at curbing the dealing of the US dollar outside Iraq’s banking sector, as well as limiting smuggling it abroad. It’s also a move to back the local currency.

The central bank next year will end the job of transferring money for foreign trade and instead focus on “supervision and monitoring,” with the job of transfers shifted to licensed Iraqi banks

Currently, the central bank is the process of opening transfer channels in various currencies, including the Emirati dirham, the Turkish lira, the Indian rupee and the euro, according to the statement.

On Sunday, the dollar was available on the unofficial market at about 1,550 dinars, 17% weaker than the official rate of 1,320.  link

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Tishwash:  Iraq: Land of opportunities and future jobs

The most in-demand jobs in Iraq are affected by economic and social conditions, and may change over time. However, here is a list of some jobs that are usually in demand in Iraq:

Construction and Civil Engineering: Many construction projects are taking place in Iraq including infrastructure, residential, commercial and industrial buildings, which increases the need for civil engineers and construction workers.

Health and Medicine: There is a constant need for doctors, nurses, and health technicians to provide health care to citizens.

Education: The educational sector needs teachers and professors to teach students in schools and universities.

Petra and Gas: The oil and gas sector is a major source of revenue in Iraq, making there a constant need for engineers, technicians and workers in this sector.

Technology and IT: Reliance on technology and communications has increased in Iraq, which increases the need for IT professionals, software engineers, and information security specialists.

Marketing and Sales: Companies and institutions need sales and marketing personnel to market their products and services.

Industry and Production: This includes functions such as production, manufacturing, quality, and equipment maintenance.

Financial Services: Professionals in finance, accounting, and banking are needed to manage financial matters.

Agriculture and food conversion: Agriculture plays an important role in the Iraqi economy, and there is a need for agricultural workers and food conversion specialists.

Sales and Marketing: Sales and marketing staff have an important role in promoting products and increasing sales.   link

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Mot:  .... Dang!!! --- Just Saying ~~~~~~

Mot: .. dang!!! -- Almost Worked!!!! 

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