.KTFA:

Samson: Egypt introduces the first plastic ten-pound coin

6th July, 2022

The Central Bank of Egypt launched the ten-pound plastic denomination (polymer), which was produced using the latest banknote production lines applied in the world at the new printing house in the New Administrative Capital, with an emphasis on not canceling any of the previous issues of the same denomination and continuing to work with and circulate.

The new coin is adorned with the Al-Fattah Al-Alim Mosque as one of the features of the Islamic architectural styles in the new administrative capital, as well as the Pharaonic civilization represented by the statue of Hatshepsut, which reflects the identity of the ancient Egyptian state, linking the new currency ancient Egyptian history with the modern era.

.KTFA:

Samson: Food Security Law Comes into Force

6th July, 2022

The Iraqi Gazette published the Emergency Support Law for Food Security and Development

After its publication in the Official Gazette, the law will have entered into force LINK

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Samson: The new issue of the Iraqi Gazette (4681) was issued on July 4, 2022

2022-07-06 12:39:00

Law of Emergency Support for Food Security and Development No. 2 of 2022.

- Instructions for maintaining documents in the Ministry of Defense No. (1) of 2022.

- Instructions No. (1) of 2022 "facilitating the implementation of the Ministry of Youth and Sports Law" No. (25) of 2011.

.KTFA:

Samson: The largest regional political alliance in the world.. What do you know about the Shanghai Cooperation Organization led by Russia and China?

5th July, 2022

As NATO seeks to expand and bring in new members, both Russia and China are trying to expand partnerships and bring in new members to huge Asian rival organizations to the West, such as the Shanghai Cooperation Organization (SCO), to develop greater political understanding and economic interdependence between these faraway countries.

About the West, which creates incentives for cooperation in various fields, and what may constitute a major challenge to the interests of the United States of America and NATO in the East. What is the Shanghai Organization and its members, and what are its objectives?

.KTFA:

Samson: President of the Republic : Iraq is an essential axis for the security and stability of the region

4th July, 2022

The President of the Republic, Barham Salih, affirmed, today, Monday, that Iraq is an essential hub for the security and stability of the region.

The media office of the President of the Republic said in a statement received by the Iraqi News Agency (INA), that "the President of the Republic, Barham Salih, received the American Senator Lindsey Graham," noting that "the meeting dealt with the strong bilateral relations between the two countries and ways to strengthen them in the political, economic and cultural fields, in accordance with understandings and interests."

.KTFA:

Samson: An Economist Confirms The Inability At The Present Time To Reduce The Exchange Rate Of The Dollar

5th July, 2022

The economic expert, Dr. Safwan Qusay, explained that the current time does not allow changing the exchange rate of the dollar and raising the value of the Iraqi dinar without taking measures to ensure that the dinar maintains its value.

Qusay told Al-Maalouma, "The Central Bank confirmed that there is no justification for restoring the dollar exchange rate to its previous era, especially since the process of defending the value of the Iraqi dinar needs reserves that grow over time in this bank, as well as the process of rehabilitating the economy to be productive. And he can defend the value of the dinar.”

.KTFA:

Samson: Today.. The Coordination Framework Meets At Al-Maliki's House

4th July, 2022

An informed source said today, Monday, that the coordinating framework will hold a meeting this evening at the home of the head of the State of Law coalition, Nuri al-Maliki.

The source told Earth News, "The house of the head of the State of Law coalition, Nuri al-Maliki, will host today, Monday, a meeting of the coordination framework to discuss matters related to discussions with the political blocs in preparation for the formation of the next government." LINK

MilitiaMan: Prepping for the Dissolution of Parliament? lol The next government landscape in the future is likely not to include Maliki, This meeting may be more likely travel plans are warranted.. lol ~ MM

.KTFA:

Samson: An economist explains the importance of the Belt and Road Initiative for Iraq

4th July, 2022

The researcher in economic affairs, Nabil Jabbar Al-Ali, confirmed, on Monday, that the Chinese agreement is not related to the Silk Road project or the Al-Faw port project, indicating that the Chinese agreement is a contract on credit. Iraq pays 20% in the form of oil payments, and Chinese institutions lend Iraq 80%. And its companies implement projects inside Iraq without competition.

Al-Ali said in a statement to "Al-Maalouma", that "Al-Faw port is a maritime transport project at a cost of approximately $3 billion, and it is a commercial port that cannot generate revenues of more than $1 billion annually, which is equivalent to approximately 1.5 percent of Iraq's oil revenues in working in conditions for its ultimate success.

.KTFA:

Samson: A parliamentary bloc moves to lower the dollar exchange rate

4th July, 2022

Today, Monday, Jawad Al-Ghazali, a member of the State of Law coalition, revealed a move by his bloc to reduce the dollar exchange rate.

Al-Ghazali told "Mawazine News", "The lawmakers have collected their signatures regarding reconsidering or modifying the dollar exchange rate to its previous era."

He explained, "This step (comes) due to the rise in commodity prices in the markets and the harm of citizens, and this step will be towards a gradual reduction of the exchange rate, not completely, so that it will be dealt with smoothly without losses." LINK

.KTFA:

DoTalkToMe: I have been hopeful for this year. Now lowering expectations once again.
They could deliver very easily if they wanted too. This is not that complicated.

Godson: Imo.... You are not alone ESPECIALLY if THE TITANIUM date passed in January... How solid is that for us to hold on to..... Imo

AshleyD: IMO,, so true right you are. Iraq makes it complicated, hopes and expectations need to be moved to the back burner, I did not say thrown in the trash. Just live in the now moment far bigger things may happen before the dinar ever rv's.

Tivon: You all must be forgetting this little nugget. What did Al-Kazemi say to his cabinet? That he wanted at the earliest session to address the issue of reducing the USD rate against the IQD right? So why would we expect anything prior? He said this on June 23rd. Today is July 3rd. We got a heads up on a potential timeline for a change in the rate.