Tishwash: Expectations of the date of Ramadan in Iraq
After the Sunni Endowment Office in Iraq and the Supreme Religious Authority in Najaf announced the start dates for the month of Shaban for the Hijri year 1445, it has become almost certain to know the date of the next month of Ramadan, which follows Shaban in the lunar months.
The crescent of the month of Shaaban was seen at sunset this evening, Sunday (February 11, 2024), with the naked eye in Najaf Al-Ashraf and Kirkuk.
The Sunni Endowment Office announced yesterday that today, Sunday, is the first day of the month of Shaban, and considering that this month will have 30 days, the beginning of the month of Ramadan will be next March 12, and if the month of Shaban has 29 days, then the first of Ramadan will be on March 11.
On the other hand, the Office of the Supreme Religious Authority announced yesterday that tomorrow, Monday, is the first day of the month of Shaban, and considering that this month will have 30 days, the beginning of the month of Ramadan will be next March 13, and if the month of Shaban has 29 days, then the first of Ramadan will be on March 12.
This year, Sunnis and Shiites may fast on the same day if the Sunni Endowment and the Supreme Authority in Najaf announce that March 12 is the first day of the month. Otherwise, the difference will be one day, and the Sunnis will fast a day earlier than the Shiites. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us with the new currency notes…He said to us once again, the process to delete the zeros is in the process. It made us smile. He said this process is occurring because the lower notes will not be needed if the rate wasn’t increasing. He said if the CBI didn’t come out with these lower notes the monetary reforms would be a disaster. He said that’s why we need a change in our rate…
Goldilocks Article: “Vietnam’s Rise as a Global Manufacturing Hub in the Era of Resilience and ESG Compliance” Quote: “Vietnam’s cost-competitive manufacturing capabilities, expanding consumer market, and supportive policies make it an attractive destination for foreign investment. Despite challenges, Vietnam is well-positioned to capitalize on this trend and cement its position as a key player in the global economy.“
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KTFA:
2/11/2024 Baghdad –
Today, Sunday, Minister of Finance, Taif Sami Muhammad, participated in the activities of the Eighth Arab Public Finance Forum in Dubai.
The Ministry said in a statement received by the Iraqi News Agency (INA): “Minister of Finance, Taif Sami Muhammad, participated in the activities of the Eighth Public Finance Forum for Arab Countries under the title of designing more efficient financial policies to address challenges related to debt and future financial issues in light of more stringent financing restrictions and tax management.” and reform of public sector institutions.
She added that “the forum discusses financial policy issues and the prospects for economic and financial developments, with the aim of exchanging experiences and expertise and identifying the challenges facing economic policy makers and reform priorities in Arab countries,” noting that “the forum is held in cooperation with the International Monetary Fund, and in the presence and participation of Arab finance ministers and governors.” Central banks and Arab monetary institutions, along with a number of heads, senior officials and experts from international and regional financial institutions.”
She continued, “The forum also addresses the challenges of reforming and supporting energy and strengthening social safety networks, with the aim of achieving a future characterized by sustainability and social solidarity. The forum also addresses the balance sheet-based approach to creating value from public assets in order to enhance the ability of governments to achieve their goals, in addition to the importance of Enhancing domestic revenue mobilization to confront spending pressures and achieve comprehensive and sustainable economic growth, by improving tax administration, while evaluating the progress achieved in the Arab region.” LINK
MARKETS A LOOK AHEAD: IMPORTANT UPDATES! Expect MASSIVE DISTORTIONS TO WORSEN FASTER.
Greg Mannarino: 2-11-2024
