"Tidbits from TNT" Thursday Morning 3-25-2021

Mar 25

TNT:

Tishwash: Throwing a large force of the army at the entrances to the fortified Green Zone in Baghdad

On Thursday, the security forces in charge of protecting the Green Zone in central Baghdad reinforced their presence at the entrances to the area.

A security source informed Shafaq News Agency; The security forces have strengthened their presence at the entrances to the Green Zone, in anticipation of any emergency.

Source added; This security reinforcement comes after the armed deployment of elements of the Rubu 'movement in the center of the capital, Baghdad, and its threats against Prime Minister Mustafa Al-Kazemi. link

Tishwash: Finance announces that the future outlook of the Iraqi economy is modified from negative to stable ... according to a new international classification

The international credit rating agency "Fitch" announced, on Thursday, that it will amend the outlook for Iraq from negative to stable, while indicating the rise of its credit rating globally after it was given a better outlook.

The Ministry of Finance said in a statement, that "the report submitted by Fitch International Credit Rating Agency praised the financial measures adopted by the Iraqi government as part of its reform policy for the course of the Iraqi economy."

The statement added, "According to the report of the aforementioned agency, the credit rating of Iraq was amended from a negative outlook - last year, to a stable outlook."

The statement indicated that "the new classification comes to reflect the continuation of foreign currency reserves at a level that exceeds the external public debt service, the state's ability to fulfill its financial obligations and the reform steps included in the white paper and the efforts of the Ministry of Finance and its effective contribution to reducing the value of the expected deficit of the general federal budget."

The statement explained, "In addition to the procedures related to changing the exchange rate of the Iraqi dinar, which had the effect of relieving pressure on foreign reserves and recovering global oil prices during the first quarter of this year."

The statement continued, "The agency confirmed in its report an optimistic view of the high rates of growth of the Iraqi economy during the current year 2021 in conjunction with the high volume of oil revenues and measures to reform the financial and economic policy of the Iraqi government. link

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Tishwash: MR. AL-SADR COMMENTS ON THE REVIEW OF “RUBU ALLAH” DEMANDS FOR CHANGING THE EXCHANGE RATE

One translation of this tweet

In the name of the Almighty, one of the militias resorted to the armed military parade and the massive deployment in the beloved capital Baghdad for demands such as the exchange of the dollar.

Rejected The government must prevent it from happening again.

Second: If this party that performed the parade belongs to the Mujahid crowd, the crowd must punish it, otherwise it is declared innocent.

Third: The decision to raise the dollar exchange has benefits and harms, and that is why we left its decision in the hands of specialists who are knowledgeable about economic matters, but the people should not be much harmed, especially with the presence of greed and high prices in the markets. It will gain the people's sympathy for it ..

No, violence is outside of the people's sympathy, so stop you from violence and harm ... and beware of breaking the prestige of the state, especially if your review was not in coordination with it. Muqtada Al-Sadr: 25/3/2021 3:19 AM 3/25/2021 link

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Tishwash: Advisor Al-Kazemi: The contradictions over the dollar price will create turmoil in the market

Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, expected, on Thursday, that the rise in food prices will stabilize during the future, considering that the contradictions between the political blocs on the issue of changing the exchange rate of the dollar will affect the movement of supply and demand, which creates turmoil in the movement market.

Saleh said in an interview seen by / the information /, that "the contradictions between the political blocs on the issue of changing the exchange rate of the dollar will affect the movement of supply and demand, which creates a disturbance in the movement of the market, especially since these expectations are not settled until now."

Saleh added, "The rise in prices is one-off and does not continue into the future, and I think that this (color information) is based on false expectations."

He pointed out that “the ways of importing continue without stopping, so expectations regarding the general level of prices will stop at a stable point, and the means of commodity supply are now wide open, whether in terms of financing or in fixed foreign currency in their rates to finance foreign trade in various forms, so I think that the rise Prices will stabilize in the future, and will not remain as such » link

Mot: Dang!!! They Was Lucky --- Huh!!! ~~~~