.Zig’s Place Chat and News Monday PM 4-5-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly The market, as measured by the Rabee Securities RSISX USD Index, after February's explosive rally of 25.7%, took a breather and ended the month up 2.3%, and up 16.7% for the year. The market's 2.3% month-end gain masks an earlier gain of 11.0% by mid-month which would have taken it to a year-to-date gain of 26.7%, before profit talking scaled-down most this gain.

However, the passage of the delayed 2021 budget, after the market's close on March 31st, seems to have reignited the rally with the market up 6.9% over the following two days in response to the budget's expansionary spending plans ahead of early elections planned in October.

.Zig’s Place Chat and News Monday AM 4-5-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly A slight decrease in the dollar exchange rate on the local stock exchange

Monday 05, April 2021 13:11 The exchange rate of the dollar fell on the main stock exchange in Baghdad today, Moday.

The central Al-Kifah and Al-Harithiya Stock Exchanges in Baghdad recorded 146,800 dinars, compared to 100 US dollars.

Al-Kifah Stock Exchange recorded 147,000 at its opening Sunday morning.

While the selling and buying prices have stabilized in the exchange shops in the local markets in Baghdad, as the selling price reached 147,250 dinars, and the purchase price of 146,250 dinars per 100 US dollars. "

.Zig’s Place Chat and News Sunday PM 4-4-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly Agricultural Value Chain Study in Iraq 4th April 2021 The Food and Agriculture Organization of the United Nations in Iraq (FAO) and the United Nations World Food Programme (WFP) released today 'Agricultural value chain study in Iraq: Dates, Grapes, Tomatoes and Wheat.'

This important review covering 2019-20 was conducted with the aim of identifying priority needs and interventions associated with the rehabilitation and long-term competitiveness of Iraq's agricultural sector through an analysis of market linkages and bottlenecks in key value chains.

.Zig’s Place Chat and News Sunday AM 4-4-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly https://www.shafaq.com/en/Economy/80-of-the-budget-income-is-loans-MP-says 80% of the budget income is loans, MP says 2021-04-04 05:02

Shafaq News/ MP Nada Shaker Jawdat, member of the Parliamentary Economic and Investment Committee, revealed today, Sunday, that 80% of the 2021 budget consists of loans, reiterating the need for an austerity reform budget.

Jawdat said in a statement to Shafaq News Agency, “the Iraqi money was wasted due to corruption. This prompted us to lay a budget that consists of 80% loans,” indicating, “resorting to borrowing is the easiest thing for them to do and it does not expose their incompetence to the citizens.”

She added, “the loans will strap the country to debts that should be paid later with big interests,” affirming “the need for an economic austerity reform budget, the main focus will be on establishing productive factories which will provide jobs and local commodities and materials instead of importing them, and it might also produce an excess to be exported.”

Zig’s Place Chat and News Saturday PM 4-3-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Zig EYEGUY : Dinar Recaps copies parts of this chat a lot especially news posted by @butterfly

butterfly I wished I could find the printed version of the 2021 budget.

EYEGUY word takes time to get around ....

Dave Parliament waits to send the budget law to the Presidency of the Republic

Dave The information / Baghdad ..Deputy Speaker of Parliament, Bashir Al-Haddad, confirmed, on Saturday, that the 2021 Budget Law will not be sent to the Presidency of the Republic now.

“After approving the budget, the Parliamentary Affairs Department will check the articles of the law and match its texts to the final version before sending them to the Presidency of the Republic,” Haddad said in a statement.

.Zig’s Place Chat and News Saturday AM 4-3-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Xyz A statement from the Minister of Finance regarding the currency’s rate and the state’s performance makes a promise to citizens Baghdad today

xyz draft budget for 2021 will be referred to the relevant department, while it is likely to be approved by the Presidency of the Republic this week.

xyz Central Bank Governor: Iraq is implementing its reform plans

The Central Bank said in a statement that Mawazine News received a copy of, that “his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund.” He stressed during a speech delivered at the meeting, “Iraq is implementing it’s reform plans towards fiscal and monetary policy.”

.Zig’s Place Chat and News Friday PM 4-2-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly The Swiss Foreign Minister will visit Iraq tomorrow

Friday 02, April 2021 21:50 Today, Friday, the Ministry of Foreign Affairs announced that Swiss Foreign Minister Ignazio Cassis will visit Iraq tomorrow.

The ministry’s media office said in a statement that “Foreign Minister Fuad Hussein and his Swiss counterpart Ignazio Cassis will hold a press conference in Baghdad tomorrow, Saturday.”

Sheila butterfly follow the money

Sheila butterfly Swiss don't go anywhere unless there's big, big money involved.

EYEGUY norm-1.com Norm is excited he said he would stop in

Dave EYEGUY perfect....

.Zig’s Place Chat and News Friday AM 4-2-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Xyz Abu Al-Joun added, "Today, after the budget has passed, this matter does not mean that the exchange rate has become a thing of the past and will not be reduced. Rather, we will work continuously to pressure the executive authority and the Central Bank to reduce it and take immediate measures to address the economic crisis and the rise in prices in the market,"

pointing out that "" And within the first steps, the Presidency of the House of Representatives is required to hold an emergency session as soon as possible in the presence of the governor of the Central Bank devoted to discussing the exchange rate and the reasons for the central bank’s insistence not to reduce it.

.Zig’s Place Chat and News Thursday PM 4-1-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Xyz 4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt.

Butterfly Meet the brave women defusing mines in Iraq 2021-04-01 15:06

Shafaq News/ Despite opposition from friends and family, a group of brave Iraqi women are dedicated to saving lives. Suited up in protective gear, a team of women fan out across the rugged fields of Basra.

Defying rigid gender norms in Iraq, they search with careful precision for dangerous explosives.

Hind Ali explains why she joined the all-female demining team.

.Zig’s Place Chat and News Thursday AM 4-1-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Xyz The first government comment on approving the budget .. This is what will happen in the coming days

Time: 04/01/2021 09:55:40 (Baghdad: Al Furat News) The financial advisor to the prime minister, Mazhar Muhammad Salih, said that there are projects that will be implemented in the coming days that were pending the approval of the 2021 budget law.

Saleh told {Al-Furat News} that "government expenditures constitute 50% for the operation of manpower and its effects for the operation of economic activity constitute 85%."