Dinar Recaps

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"Tidbits From TNT" Thursday 4-11-2024

TNT:

Tishwash:  The streets of Baghdad are crowded with families celebrating Eid al-Fitr

Baghdadi families took advantage of the official holiday of Eid al-Fitr, which was set by the General Secretariat of the Council of Ministers as of yesterday, Tuesday, and coincided with the announcement of the Shiite and Sunni religious authority, considering that today, Wednesday, the first day of the month of Shawwal (the first day of Eid), is an opportunity to change the pattern of days. The month of Ramadan has passed.

The streets of the capital were crowded with private cars and public transportation to move between areas of Baghdad to visit family, relatives, and friends, as a traditional social ritual that Iraqi families are accustomed to during holidays and occasions.

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On such occasions, the family rarely has a place to sit at the tables of a restaurant in Baghdad, unless they make advance reservations, as restaurants and even public parks are filled with thousands of families, celebrating Eid, or any other occasion.

After the mosques were crowded at dawn today with men and women praying to perform the Eid al-Fitr prayer, the daylight hours passed by receiving guests and exchanging congratulations and congratulations via phone calls or social media, which has become an alternative that many see as “monotonous and inanimate and breaks the social ties on which generations of Iraqis have been raised.” According to many citizens whom Shafaq News Agency correspondent spoke to.

The lens of Shafaq News Agency also toured a number of mosques at dawn today to document the performance of Eid al-Fitr prayer.

It is noteworthy that advance reservations in restaurants have spread widely for many years, but it became a common phenomenon after the Corona epidemic invaded Iraq and other countries, which imposed strict obligations and instructions at the time, and the situation continued as it was in the years that followed the end of the epidemic and the return of life to normal.   link

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Tishwash:  Al-Sudani: We are working to correct the state’s economic paths

 Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that the government is working in all directions and stability has been achieved thanks to the blood of the martyrs, while he indicated that the government is working to correct the state’s economic paths. 

A statement from the Prime Minister’s media office, received by Al-Iqtisad News, stated that “Al-Sudani received ministers, heads of bodies, deputy ministers, and military and security leaders from various formations and categories of our armed forces, as well as heads of federations and unions, and a number of tribal sheikhs and notables from Baghdad Governorate, congratulating them on the occasion of Eid Al-Fitr. ".
He added, "The Sudanese exchanged congratulations with the well-wishers, praying to God to protect Iraq and the Iraqis, and to grant our homeland and our people the blessing of security and stability."

The Prime Minister stressed - according to the statement - that “security and stability require that the state be productive and stable and perform its duties in the correct manner,” noting that “the government is working on these benefits in stages, and at the beginning of its work it focused on services, in order to reassure citizens that they are serious.” The government and its commitment to its programme.

Al-Sudani stressed, “This government is not working in one direction, but rather has a group of files in all directions, including critical issues related to correcting the state’s economic paths, as it is working to address them, which will have a major impact on the state in the future.”

He pointed to "the government's efforts to arm and modernize the Iraqi army and armed forces and to develop internal security services," stressing that "enhancing reassurance in the work of service institutions and ministries will be matched by reassurance among investors and businessmen inside and outside Iraq."

He concluded by saying: "The security and stability that has been achieved is thanks to the blood of the martyrs and their sacrifices   link

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Tishwash:  The dollar is on the Sudanese dialogue table in Washington.. Al-Awadi talks about the future of the Iraqi dinar

 The Iraqi government spokesman, Bassem Al-Awadi, confirmed today, Thursday (April 11, 2024), that the dollar file and the work of banks will be strongly present during the visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington, suggesting that the dinar’s situation in the future will be better.

Al-Awadi said in an interview with “Baghdad Today” that “after the issue of activating the strategic framework agreement between Washington and Baghdad and the security aspect, the economic file will be present and strongly during the Prime Minister’s visit to the United States,” indicating that “the relationship with the US Treasury and the Federal Bank continues and the dialogues are ongoing.” "It did not stop with them over the past year, as there were several mutual visits, announced or unannounced, to discuss this file."

Al-Awadi added, “The Sudanese will discuss the issue of banks and the economic and administrative reform of financial institutions and banks, as well as the dollar file,” explaining that “the price of the dollar ranged within the range of 147 thousand dinars for every 100 dollars during the short period at a time when the government took over its duties and the price of the dollar against the dinar was approaching.” From 148 thousand, meaning that the price is lower than before.”

He stressed that "the solution to the dollar crisis does not come with the push of a button. Rather, it requires economic reforms and includes many aspects, including political and economic ones. It needs a period to regulate the banks and reap the fruits of the central bank's packages and the government's decisions, which as a whole have begun to bear fruit through a gradual decline in the exchange rate of the dollar against the dinar." ", stressing that "there are assurances from the economic team supervising the issue, and we expect that the situation of the dinar will be better in the future." 

It is hoped that, a few days from now, Prime Minister Muhammad Shiaa Al-Sudani will visit Washington and the White House to meet with US President Joe Biden.

Last March, the White House announced that on April 15, the White House would receive the Sudanese President, stressing that the leaders would reaffirm their commitment to the Strategic Framework Agreement, and would work to deepen their shared vision for a secure, sovereign, prosperous Iraq fully integrated into the broader region.

He pointed out that President Biden and the Sudanese Prime Minister will consult on a range of issues during the visit, including our shared commitment to the permanent defeat of ISIS and the development of the military mission nearly ten years after the formation of the successful global coalition to defeat ISIS.

He stated that they will also discuss the ongoing Iraqi financial reforms to promote economic development and progress towards Iraq's energy independence and modernization   link

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Mot: . When Ya Have tooooo much $$$$ 

Mot:  ..... Big plans She has  

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