“Tidbits From TNT” Tuesday 4-23-2024
TNT:
CandyKisses: Parliamentary Foreign Ministry: The quadripartite agreement of the development road project will contribute to stimulating economic growth and enhancing regional and international cooperation
Baghdad / Nina / The Parliamentary Foreign Relations Committee affirmed its support for the government's efforts and positive steps to build integrated strategic relations regionally and internationally, and pointed out the need for these steps to be a real turning point in Iraq's foreign policy.
The committee said, in a press statement, that "the quadripartite agreement between Iraq, Turkey, Qatar and the Emirates on the development road project, will contribute to stimulating economic growth and strengthening regional and international cooperation relations, by achieving economic integration and striving towards a sustainable economy between East and West."
TNT:
CandyKisses: Parliamentary Foreign Ministry: The quadripartite agreement of the development road project will contribute to stimulating economic growth and enhancing regional and international cooperation
Baghdad / Nina / The Parliamentary Foreign Relations Committee affirmed its support for the government's efforts and positive steps to build integrated strategic relations regionally and internationally, and pointed out the need for these steps to be a real turning point in Iraq's foreign policy.
The committee said, in a press statement, that "the quadripartite agreement between Iraq, Turkey, Qatar and the Emirates on the development road project, will contribute to stimulating economic growth and strengthening regional and international cooperation relations, by achieving economic integration and striving towards a sustainable economy between East and West."
The committee appreciated the efforts of Prime Minister Muhammad Shia Al-Sudani related to developing bilateral relations and building real long-term strategic partnerships between Iraq and Turkey, which culminated in the visit of Turkish President Recep Tayyip Erdogan and discussing the files of water, security, energy and economy, and the signing of important agreements and memoranda of understanding between the two countries
Including the signing of the strategic framework agreement between Iraq and Turkey, and the framework agreement for cooperation in the field of water, which includes mechanisms and radical treatments for the entire water system and achieves an effective partnership. aims to ensure the provision of water, water and food security to Iraq./Ends5
Tishwash: After two decades of neglect... Iraq adopts a strategy to invest in phosphate
Oil is not the only thing that Iraq owns, but due to the political and security conditions that the country has witnessed over the past years, successive governments have not succeeded in investing in mineral resources other than oil, which has made Iraq a hostage to oil export operations, which constitute the main source of the country’s budget with more than 95%.
With Iraq possessing a huge reserve of phosphate, amounting to 9 percent of the global reserve, Representative Mudar Al-Karawi revealed the adoption of a strategy to invest in phosphate and operate its factories.
It is noteworthy that phosphate, fertilizer, brick, paste and pharmaceutical factories are all stopped or almost stopped, although they are intertwined with the agricultural and industrial sectors.
Al-Karawi said in a press statement, “Iraq possesses huge reserves of phosphate, which is used in various industries, including fertilizers of various kinds, and which constitutes an economic sector whose financial ceilings worldwide reach tens of billions of dollars annually.”
He added, "Despite the huge reserves of phosphate, Iraq imports 60-70% of its needs from abroad at double prices," pointing out that "the government has actually begun to adopt a strategy for investing in phosphate, operating its factories, and pumping its production, especially since phosphate represents the third largest natural wealth in the country." The country after oil and gas.
He pointed out that "the documented reserves in several regions of Iraq, especially the western one, indicate that they are sufficient for production for many decades, meaning that we are facing a wealth that will not be depleted in the short term, in light of the presence of dozens of markets to receive it in order to revive agriculture."
The specialized international economic website Statista published a report on the natural resources possessed by the countries of the world, where Iraq ranked ninth in the world, as it possesses 15.9 trillion dollars in natural resources, and its desert terrain contains oil, natural gas, phosphate and sulfur, according to the website.
Crude oil constitutes about 90 percent of state budget revenues, while other imports are marginal in the form of taxes and customs revenues, and some revenues from the transportation and communications sector, among others.
Iraq has a reserve amounting to 9 percent of the global reserve of phosphate, but this huge reserve has remained buried underground since 2003 and has not been invested or exported, at a time when the country depends on importing this material, which is used in many industries.
The annual export rate of phosphate products from Iraq abroad, especially to East Asian countries, before the Gulf War in 1991, amounted to half a million tons annually, with almost constant revenues that were included within the country’s non-oil resources.
Most of the phosphate reserves are located in the Al-Qaim region, and the area extending over 80 kilometers is known as “phosphate mines.”
Phosphate plants in Anbar have turned into rubble since 2003, despite the dependence of many industries on this material, in addition to its previously supplying the state treasury with 22 percent of its revenues during the previous regime.
The industrial sector in Iraq in general has been facing a major deterioration since the year 2003 until now, with most factories stopping and turning to imports. The Federation of Iraqi Industries estimated years ago the percentage of stalled projects at 40 thousand projects, and successive government programs always include a theme of revitalizing the local economy and industry. However, without achieving any promise, the wheel of trade exchange with the countries of the region continues while neglecting the local industry. link
************
Tishwash: Oil sets 5 government goals for optimal investment of national wealth
Today, Tuesday, revealed a government strategy to maximize national production and enhance Iraq’s economic role in global oil markets, while stressing the keenness to increase national production of refining energy.
The spokesman for the Ministry of Oil, Assem Jihad, told the Iraqi News Agency (INA): “The strategy of the government and the ministry depends on the optimal investment of oil and gas wealth,” indicating that “the strategy requires not relying only on the export of oil, but rather diversifying the sources that enhance the Iraqi national income through... Developing mechanisms for dealing with wealth, which represents the main source of the national economy.”
Jihad added, "The government's strategy aims to maximize national production of petroleum products and the refining industry in Iraq, transform crude oil into white products, and achieve the priority of self-sufficiency, stopping imports, and gradually shifting to exporting these products to global markets," indicating that "the shift to marketing and product trade Al-Bayda achieves more revenues from exporting crude oil and contributes to strengthening Iraq’s position in the oil and commercial markets, and strengthens and supports the national economy, which depends directly on this wealth.”
He pointed out that "the Ministry of Oil adopted the strategy announced by the Prime Minister by converting 40% of crude oil into petroleum products, and last year it announced 7 investment opportunities in which it called on private sector companies and national and foreign investing companies to cooperate with the National Investment Authority and develop a promising program." Companies were invited to establish a number of investment refineries, including the Maysan Refinery Investment Project with a capacity of 150,000 barrels, the Qayyarah Refinery Project in Nineveh Governorate with a capacity of 70,000 barrels, the black oil hydrogenation project in Basra Governorate with a capacity of 30,000 barrels, and the Nasiriyah Refinery Project in Dhi Qar Governorate with capacity. 150 thousand barrels, and the Samawa refinery project in Al-Muthanna Governorate with a capacity of 150 thousand barrels, and also the Al-Kut Refinery project in Wasit Governorate with a capacity of 100 thousand barrels per day
And the rehabilitation of Al-Samoud refineries in Baiji, whose capacity reaches approximately 280 to 300 thousand barrels per day as refining capacities after... Rehabilitation and reconstruction operations, and after the Karbala refinery entered national production and also after the addition of the fourth unit with a capacity of 70 thousand barrels per day in the southern refineries, production became approximately 280 thousand barrels of refining capacity for the southern refineries in addition to other projects, and this will reflect positively on the national production of refining industries that represent the market and demand. Higher Petroleum Products.
He pointed out that “after achieving self-sufficiency, Iraq seeks to implement a strategy that enhances its economic role in the global oil markets,” noting that “the Ministry is keen to increase national production of refining energy and the announcement of inviting national and international companies to invest represents a shift in the government’s strategy towards encouraging... Investments in the crude oil settlement and refining sector open new horizons for national and foreign companies specialized in this field.”
He stated that "the government and the ministry are working on several axes for wealth, including the axis of internal use to meet local needs and attention to specifications, the axis of exporting crude oil and strengthening Iraq's role in global markets, and the axis of maximizing national production from refining industries and optimal investment of associated or natural gas," indicating that "the government's strategy depends on A contract for integrated project partnerships that include several axes, including integrated projects that include oil extraction and associated gas investment with the establishment of electric power stations, a refinery, petrochemical industries, and others that contribute to enhancing Iraq’s wealth.
Regarding the Al-Faw refinery, Jihad confirmed that “the Al-Faw refinery and petrochemical industries project is one of the promising projects in the refining industry in Iraq and the first project to be established in the ports of southern Iraq, and the government is working to accelerate its implementation,” explaining that “the refinery includes a petrochemical factory, tanks, export platforms and all related facilities.” Which contributes to achieving an integrated project aimed at investing and exporting these products.”
He stressed that "establishing the refinery in the Iraqi oil export port represents high flexibility in the process of marketing oil products and guarantees high revenues," adding that "the government hopes that this project will be one of the promising projects that is being established by one of the largest Chinese government companies."
He pointed out that "the government and the ministry are working to expedite the signing of the final contract after completing the due procedures."
He explained, "The refinery will enhance the country's refining capacity by 300,000 barrels per day, as well as a petrochemical plant, tanks and facilities, and is considered one of the giant projects in the region." link
Mot: ... 3 Thingies bout ole tuesdays!!
Mot: ....... its a sign!!!
“Coffee With MarkZ” Tuesday Morning Chat 4-23-2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Welcome Back Mark!! GTSY!! Hello Everyone!!
Member: We could sure use some good news today.
MZ: The news I get continues to be fantastic. I hear things are well underway on the bond side. Money is moving and I heard that from many sources that I have great faith and trust in. Makes me feel good. Really good.
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Welcome Back Mark!! GTSY!! Hello Everyone!!
Member: We could sure use some good news today.
MZ: The news I get continues to be fantastic. I hear things are well underway on the bond side. Money is moving and I heard that from many sources that I have great faith and trust in. Makes me feel good. Really good.
MZ: We have bond movement. Not sure it it’s enough yet- but we have bond movement. Things are progressing. We just want it faster. But, this is the first time I have seen bond movement like this. With real spendable money.
MZ: I get reports from Iraq and bankers that things are well underway. And when they get to a certain point they will pull the trigger for us.
MZ: We don’t know when it’s going to happen but the earliest I am hearing is yesterday or today…..the latest I am hearing is May 9th.
Member: So when we get to 30% of the bonds paid – we could go?
MZ: That is what I am hearing …When they have paid 30% of the historic bonds- they let her rip.
MZ: It has certainly taken longer than we all thought it would.
Member: Did the bond people get US notes for payout?
MZ: I am sorry but I cannot answer that.
Member: Now there is a US delegation heading to Baghdad?
MZ: US delegations have been going back and forth to Iraq for some time- in preparation. Over the weekend we had Sudani point blank saying that they are preparing and it would be the CBI’s responsibility for a revaluatuion. Things are phenomenal
Member: I am surprised there is not leaks from Sudani’s government
MZ: They have done an amazing job ….very impressive.
Member: Have they released the small notes in Iraq yet.
MZ: As of this morning there are no small notes on the streets there…..yet.
Member: Quote from Al Alaq regarding 1 hundred billion foreign dollars in reserve and 150 tons of gold in England?
Member: I read last night that when sudani tells cbi then tells imf then it has a policy to be announced to the universe.
Member: Charlie Ward once said - 3+ yrs back - that it'd all drop like dominos and the RV (4b) would be in those dominos. A lot of what he said back then has come true. Just saying.....
Member: I believe dinar alone first 100%. The rest later. That's what Ariel Frank and MM think Mark. dinar first domino
Member: Angel_1776- said the earliest time he heard of was yesterday and it could be anytime between yesterday and May 9th is his latest dates he has heard so far.
Member: Went to a Chase bank to open a account in CA. j asked the banker about the Iraqi Dinars and he confirmed its happening.
Member: Nader said it could be June 2024. We all thought he was crazy- But, He could be right.
MZ: I think we will beat his projection.
Member: A recent article on Vietnam says they can change the rate whenever they want.
MZ: That is pretty clear. Vietnam is prepared to change their rate.
Member: Been here for a while, still not clear what an historic bond is...
Member: There are many kinds. Chinese railroad bonds, Dragon bonds, German bonds….Mexican bonds, Super Pechelli bonds………over a hundred years of historic bonds waiting to be paid in many countries.
Member: would you please explain the relationship between the "bond holders" and the dinar revaluation?
MZ: We have covered this many times. It’s part of the reset……The historic bonds are part of canceling the books on the old system before we can move on with the new.
Member: I think bonds tell the whole story. I feel like a circus seal with new hoops to jump through every week now. Tired of jumping. LOL
Member: The important thing to focus on is the end and not getting frustrated and throw in the towel just before it happens
Member: Did you know that May the 5th is the Orthodox Easter. Maybe that will be when it happens?
Member: It’s also Cinco De Mayo…..so we could celebrate with Margaritas lol
Member: Tomorrow is Nisan 17: Resurrection day, the day Noah’s Ark landed, and the day the Red Sea parted. Sounds like a Biblical Day to me!! Let’s Go!
Member: Chinese like numbers. Tomorrow date is pretty cool….4-24-2024….sounds lucky to me.
Member: Mark if the switch is flipped during the day (whenever) will you be doing a live podcast or will you wait until your scheduled evening time?
Member: Mark has always said he will come on instantly as soon as it happens. ..anytime – any day.
Member: Thanks Mark and Great to see you - Get Rested - Seeya tonight! Feel better.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
9 Reasons You Should Never Ask for $2 Bills From the Bank
I’m a Bank Teller: 9 Reasons You Should Never Ask for $2 Bills From the Bank
Laura Beck Sun, April 21, 2024
Two dollar bills — what grandfather doesn’t love giving them and what kid doesn’t love getting them? But they’re not all whimsy and fun times — in fact, bank teller Rachael P. said they can be more than a little annoying.
The longtime bank teller said nothing can slow down her day more than a customer asking for a $2 bill. “Seriously, you don’t want to be that person,” she said.
Here are the reasons you should never ask for a $2 bill from the bank.
They Most Likely Don’t Have Them
“Most people don’t even know $2 bills exist,” Rachael said. “So we don’t keep a lot of them in around. When someone does ask for them, we usually have to special order them, which is honestly a pain in the butt.”
I’m a Bank Teller: 9 Reasons You Should Never Ask for $2 Bills From the Bank
Laura Beck Sun, April 21, 2024
Two dollar bills — what grandfather doesn’t love giving them and what kid doesn’t love getting them? But they’re not all whimsy and fun times — in fact, bank teller Rachael P. said they can be more than a little annoying.
The longtime bank teller said nothing can slow down her day more than a customer asking for a $2 bill. “Seriously, you don’t want to be that person,” she said.
Here are the reasons you should never ask for a $2 bill from the bank.
They Most Likely Don’t Have Them
“Most people don’t even know $2 bills exist,” Rachael said. “So we don’t keep a lot of them in around. When someone does ask for them, we usually have to special order them, which is honestly a pain in the butt.”
There Is No Room in the Drawer
“Our cash drawers are set up for the bills we use every day,” Rachael said. “You know, ones, fives, tens, twenties. We don’t have a specific spot for $2 bills, so we have to just stick them wherever they fit. It messes up our system and makes it harder to balance everything at the end of the day.
“Do you know how many days my till has been off by two bucks? More than I’d like to share!”
They Put a Wrench in Our Flow
“It might sound a little goofy, but when we’re counting out cash, we’re in a total zone,” Rachael said. “We’re used to dealing with the standard bills. But when you throw $2 bills into the mix, it’s like hitting a speed bump. It slows us down and disrupts our rhythm.”
They Baffle the Newbies
https://www.yahoo.com/finance/news/m-bank-teller-9-reasons-120035814.html
Iraqi Dinar Today Video Updates Tuesday AM 4-23-24
Iraqi Dinar Today Video Updates Tuesday AM 4-23-24
Wait Is Over Iraqi Dinar Done – 2:59
Finally Announcement IQD RV and New Exchange Rate – 3:19
WOW Its Massive Truist Bank Revalued & Reinstatement International – 3:10
WOW Finally CBI Made Officiate Announcement On Tv – 3:56
Iraqi Dinar Today Video Updates Tuesday AM 4-23-24
Wait Is Over Iraqi Dinar Done – 2:59
Finally Announcement IQD RV and New Exchange Rate – 3:19
WOW Its Massive Truist Bank Revalued & Reinstatement International – 3:10
WOW Finally CBI Made Officiate Announcement On Tv – 3:56
Wait Is Over Iraqi Dinar Done – 2:59
Finally Announcement IQD RV and New Exchange Rate – 3:19
WOW Its Massive Truist Bank Revalued & Reinstatement International – 3:10
WOW Finally CBI Made Officiate Announcement On Tv – 3:56
News, Rumors and Opinions Tuesday AM 4-23-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Exceerpts from the Restored Republic via a GCR: Update as of Tues. 23 April 2024 Compiled Tues. 23 April 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
When the Stock Market and Crypto Markets crash, they will turn the power off (to stop the complete dissolve of the Global Financial Market). Space Force and StarLink have confirmed they are ready and prepared to turn the power back on (using Tesla Free Energy – making the World energy independent). This will cripple the Elites’ control over energy and finance (by instigating the Global Currency Reset) and will free us, the debt slaves.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Exceerpts from the Restored Republic via a GCR: Update as of Tues. 23 April 2024
Compiled Tues. 23 April 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
When the Stock Market and Crypto Markets crash, they will turn the power off (to stop the complete dissolve of the Global Financial Market). Space Force and StarLink have confirmed they are ready and prepared to turn the power back on (using Tesla Free Energy – making the World energy independent). This will cripple the Elites’ control over energy and finance (by instigating the Global Currency Reset) and will free us, the debt slaves.
Sat. 20 April Charlie Ward: “The reset will happen after the collapse of the Euro and dollar under Joe Biden.”
Sun evening 21 April: Charlie Ward, MarkZ confirm that the Mother Contracts between buyers and sellers are happening.
Sun. evening 21 April: A bond holder in a Reno group with other 39 groups who had the same paymaster with offices in Hong Kong and New York said that last Wednesday, the paymaster got under an NDA and last night he told them to get ready for Tuesday 23 April!
Wolverine: Colombia will be (allegedly) getting their gold backed currency on Tues. 23 April. The military and G13 will (allegedly) enter on Sat. 20 April to receive their already unlocked amounts. I received news from a huge whale in Europe, who received email from Reno saying that Reno has started the process.
TNT Tony: The process (allegedly) started in Iraq Fri. evening. 19 April.
Mexico Confirmed all banks closed for five days: All banks will close their doors for 5 days and no operations will be possible. https://www.cronista.com/mexico/actualidad-mx/confirmado-todos-los-bancos-cerraran-sus-puertas-por-5-dias-y-no-se-podra-hacer-ninguna-operacion/
Mon. 22 April XRPLion on Zim Redemption: https://bestnewshere.com/dave-xrplion-brand-new-zim-bonds-mind-melt-1st-time-price-revealed-must-watch-trump-news/
Global Financial Crisis:
Mon. 22 April US Dollar on Collision Course to Destruction, Mike Adams: https://beforeitsnews.com/economy/2024/04/the-dollar-is-on-a-collision-course-with-total-destruction-mike-adams-3109810.html
Mon. 22 April: Black Swan Event – Protocol 19 – NESARA – GESARA – Revolution – Trust the Plan! – American Media Group (amg-news.com)
Read full post here: https://dinarchronicles.com/2024/04/23/restored-republic-via-a-gcr-update-as-of-april-23-2024/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says that from the CBI the United States of America reconstruction on Iraqi banks will be lifted soon. FRANK: That is a powerful statement...They're already lifted. It just has to be made official...
Militia Man Al-Sudani has rocked it. They showcased this country like they've never done before. We've never seen this. Anybody that's been in this investment since 2003 has never witnessed what we're witnessing today...If they were going to come out at 1310 dinar to try to do all the things they're doing right now the world would be just like they were in Kuwait - crickets. This is powerful. Wonderful.
The Iraqi Prime Minister is Talking in Code
Edu Matrix: 4-22-2024
The Iraqi Prime Minister is Talking in Code Here's What He's Saying - The Iraqi PM is talking in "Banking Language" He's telling us the rate will increase - until now many of us didn't hear him.
Reporting the news; Now it's time to report on the words he said.
Why does the Iraqi PM keep meeting with JP Morgan? We must keep an eye on JP Morgan internal and external actions.
MilitiaMan: Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking & Financial System
Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking & Financial System
MilitiaMan and Crew: 4-22-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking & Financial System
MilitiaMan and Crew: 4-22-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Currency Insider Iraqi Dinar – Dong Late Monday Evening 4-22-24
Currency Insider Iraqi Dinar – Dong Late Monday Evening 4-22-24
Iraqi dinar ok done it’s time for excitement – 2:40
Dinar Unbelievable New Exchange Rate At $2.28 Or $2.25 – 2:26
Currency Insider Iraqi Dinar – Dong Late Monday Evening 4-22-24
Iraqi dinar ok done it’s time for excitement – 2:40
Dinar Unbelievable New Exchange Rate At $2.28 Or $2.25 – 2:26
Iraqi dinar ok done it’s time for excitement – 2:40
Dinar Unbelievable New Exchange Rate At $2.28 Or $2.25 – 2:26
Iraq Economic News and Points to Ponder Late Monday Evening 4-22-24
Iraq Economic News and Points to Ponder Late Monday Evening 4-22-24
Parliamentary Finance Expects The Dollar Exchange Rate To Stabilize Within Its Current Limits
Time: 04/22/2024 12:25:40 Read: 2,847 times {Economic: Al-Furat News} A member of the Parliamentary Finance Committee expected the dollar exchange rates to stabilize at their current limits of 1,470 dinars.
Haitham Al-Zahwan told Al-Furat News Agency, "We expect that the dollar exchange rates will remain within these limits and prices."
He added, "We expect these prices to remain within the current rates, but we cannot witness a decline in them as long as there is currency smuggling. LINK
The Iraqi Central Governor Reveals The Plan To Reform The Banking System And Talks About “Sanctions”
Economy News – Baghdad Today, Monday, the Governor of the Central Bank of Iraq presented a plan to reform the banking sector in Iraq, and while he touched on the issue of sanctions on Iraqi banks, he stressed that these measures did not threaten the Iraqi economy.
The Governor of the Central Bank, Ali Al-Alaq, said in a televised interview followed by “Al-Iqtisad News” that “the current Iraqi government is very focused on the economic dimension and renaissance, and the expansion of infrastructure and services,” indicating that “this matter requires the presence of an active and effective financial sector that can To accompany, activate, organize and finance, so this file goes hand in hand with the government’s plan within the framework of economic reform.”
Iraq Economic News and Points to Ponder Late Monday Evening 4-22-24
Parliamentary Finance Expects The Dollar Exchange Rate To Stabilize Within Its Current Limits
Time: 04/22/2024 12:25:40 Read: 2,847 times {Economic: Al-Furat News} A member of the Parliamentary Finance Committee expected the dollar exchange rates to stabilize at their current limits of 1,470 dinars.
Haitham Al-Zahwan told Al-Furat News Agency, "We expect that the dollar exchange rates will remain within these limits and prices."
He added, "We expect these prices to remain within the current rates, but we cannot witness a decline in them as long as there is currency smuggling. LINK
The Iraqi Central Governor Reveals The Plan To Reform The Banking System And Talks About “Sanctions”
Economy News – Baghdad Today, Monday, the Governor of the Central Bank of Iraq presented a plan to reform the banking sector in Iraq, and while he touched on the issue of sanctions on Iraqi banks, he stressed that these measures did not threaten the Iraqi economy.
The Governor of the Central Bank, Ali Al-Alaq, said in a televised interview followed by “Al-Iqtisad News” that “the current Iraqi government is very focused on the economic dimension and renaissance, and the expansion of infrastructure and services,” indicating that “this matter requires the presence of an active and effective financial sector that can To accompany, activate, organize and finance, so this file goes hand in hand with the government’s plan within the framework of economic reform.”
He added, "Iraq has a very large financial relationship with the United States of America, given that the oil resources that form the basis of the Iraqi state's budget come from the export of oil via the dollar, and this is what is agreed upon globally," pointing out that "the first stop for Iraqi funds is in the Federal Reserve." The central bank then deals with these funds by investing them in various areas inside the United States and abroad in central banks of other countries.”
The Governor of the Central Bank continued, “There is diversity in the nature of these reserves, such as geographical and qualitative diversity in these investments, which are in the form of bonds, gold, goods, and others.”
Regarding the issue of financial reform in Iraq, Al-Alaq explained, “Iraq has a multi-faceted program in this framework, as the first aspect is harmony, adaptation, the adoption of international standards in financial transactions, and the application of compliance rules and laws related to combating money laundering and terrorist financing,” stressing that “there is interest.” Dollin is very focused on ensuring that transactions are free of any violations, violations, or suspicious issues.”
He continues by saying: “Given that the financial relationship with the United States of America is broad and large, the Iraqi financial system must be protected, as well as the system in America, and any money laundering or terrorist financing operations must be prevented from entering through it,” noting that “there is continuous coordination and common understanding, throughout the years.”
The past in order to achieve this goal, which includes the presence of broad plans and programs, relying on international consultations and contracting with major offices specialized in this field, with which the Central Bank is organizing these matters in order to achieve the great goal, which gives positive messages to financial institutions all over the world.
As for the second matter, he stated, “This matter revolves around reforming the banking sector itself, and many details revolve around it with plans being worked on, starting with government banks such as Al-Rashid, Al-Rafidain, Al-Sina’i and Agricultural, which constitute 80% of the Iraqi banking sector,” adding by saying:
"If we want to think about the reform process, we have to start from the largest part, as it was agreed in direct coordination with the Prime Minister, the government, and the Central Bank to reform these banks, through a large plan that is now underway in contract with one of the large international companies, which includes restructuring."
He continued his speech, saying, “There is a great focus on targeting the structure to advance these banks by introducing strategic partners from outside Iraq, who have accumulated experience in this field,” stressing that “there are clear desires from some internationally accredited banks to participate in this field, and we are still awaiting a study.
” The company in charge of this matter in order to attract investors from inside Iraq, as it will be like public joint-stock companies that absorb capital from within the country, in addition to the necessity of having a strategic partner to modernize government bank departments in a way that reaches the advanced level.”
He pointed out, “Government banks were very late due to the circumstances that the country went through, and it is necessary to keep pace with the process of major changes,” explaining that “the detailed study of this project will be presented in the eighth month, and then there will be clarity about the road map and the next steps so that appropriate measures can be taken.” "In this regard."
Al-Alaq stated, “This is one of the things that was discussed during the meeting with the US Treasury, and it was very welcomed by all parties, not just in the United States, as it is an existing and ongoing question by the parties of international institutions.”
Regarding the US sanctions on Iraqi banks, he added: “We have a close relationship with the US Federal Bank, and what happened was the emergence of a list of bank names, where the issue was not imposing sanctions on these banks, or including them in the sanctions list, but rather depriving them of dealing in dollars only.”
Pointing out that “the Central Bank took a serious look at the merits of the issue and how to take future measures, and this is part of the dialogue that took place, whether it was in the presence of the Prime Minister with the US Treasury, or even during the meetings held by the Central Bank with the US Federal Reserve.”
He noted, "Violations in the banking sector exist, and may occur, and this is the work of the Central Bank constantly, as we have a committee specialized in fines and penalties, which receives inspectors' reports, and imposes these fines on an ongoing basis in accordance with the Money Laundering and Anti-Terrorism Law."
Regarding the repercussions of this suspension on the Iraqi economy, Al-Alaq stated, “This suspension certainly has negative effects, but it will not threaten the Iraqi economy, especially since external transfer operations and the exchange rate continue normally.”
As for the fictitious companies that sell the dollar, the Governor of the Central Bank stated, “These phenomena exist in other countries as well, and due to technical developments and dealing through websites, they are an opportunity for fraud at the same time, and the Central Bank has a careful follow-up of these matters and they are reported in the judiciary.” Considering the use of these means to trap others, we warn against them.”
Al-Alaq touched on government debts, explaining: “The current government focused on the external debt, which amounts to a minimum of $9 billion to multiple parties, which is the lowest over the past years due to continuous repayments. As for the domestic debt, it has reached approximately 70 trillion dinars.” 336 views 04/22/2024 - https://economy-news.net/content.php?id=42696
Iraq Sixth: The International Monetary Fund Expects Inflation Rates For Arab Countries During 2024
Economy | 11:58 - 04/22/2024 Mawazine News – Baghdad On Monday, the International Monetary Fund revealed its expectations for the inflation index for Arab countries for the year 2024, as Iraq ranked sixth among the countries of the region.
According to the Fund’s report, which Shafaq News Agency reviewed, the inflation index in Sudan was 145.5%, Egypt was 32.5%, and Yemen was 16.9%, as the highest expectations for Arab inflation rates for the current year.
While Algeria ranked fourth in the Arab world with an expected inflation rate of 7.6%, followed by Tunisia in fifth place with an expected inflation rate of 7.4%.
Iraq came in sixth place with 4%, followed by Kuwait 3.2%, Mauritania 2.8%, Jordan 2.7%, Qatar 2.6%, Saudi Arabia 2.3%, and Morocco 2.2%.
While the UAE came at 2.1%, Bahrain at 1.4%, and Oman at 1.3%, achieving the lowest expectations for Arab inflation rates for the current year.
These ratios are affected by several factors, including currency exchange pressures in some Arab countries, fluctuations in energy and food prices, and other factors specific to each country.
Last year, the International Monetary Fund expected that inflation in Arab countries would witness a relatively high rate of 9.3% in 2023, affected by various factors such as the decline in currency exchange rates for a number of Arab countries, and fluctuations in energy and food prices.
However, the report expects inflation to decline to about 3.6% during the current year, and these inflation trends underscore the complex economic landscape in which Arab countries operate and the need for careful policy management. https://www.mawazin.net/Details.aspx?jimare=246442
The Ministry Of Planning Discusses The Next Steps Of The National Development Plan (2024-2028)
Monday 22 April 2024 | Economical Number of readings: 325 Baghdad / NINA / Today, Monday, the Ministry of Planning held a meeting of the Preparatory Committee to prepare the National Development Plan for the next five years (2024-2028), as part of its ongoing series of meetings in this regard, headed by the Undersecretary for Technical Affairs, Maher Hammad Johan.
A statement by the Ministry of Planning stated: “The meeting witnessed a review and discussion of the next steps of the plan, and the procedures for designing, printing, reviewing and drafting the plan with the possibility of providing support in this regard, as well as the media campaigns dedicated to the plan, and a discussion of the results that will be presented through technical support to the private sector.”
The meeting also dealt with technical support to the Statistics and Geographic Information Systems Authority regarding the labor market observatory, as well as a discussion about the steering committee for the economic reform project./ https://ninanews.com/Website/News/Details?key=1122403
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
Provoking Points To Ponder on Failures and Mistakes
Failure is only an opportunity to begin again more intelligently.- Henry Ford
Disappointments are to the soul what the thunder-storm is to the air.- J. C. F. von Schiller
The wisest person is not the one who has the fewest failures, but the one who turns failures to best account.- Richard R. Grant
One of the advantages of defeat in life - maybe the main advantage - is that it provides an excuse for change. Defeat... invariably leads to new adventures.- James Reston
Failure is God's own tool for carving some of the finest outlines in the character of his children.- Thomas Hodgkin
I quit being afraid when my first venture failed and the sky didn't fall down.- Allen H. Neuharth
http://famousquotesandauthors.com/topics/failures_and_mistakes_quotes.html
Iraqi Dinar Video Update Monday Evening 4-22-24
Iraqi Dinar Video Update Monday Evening 4-22-24
Iraqi Dinar Big Exchange Rate Today – 3:30
WTO Big Statement About IQD RV – 3:29
Al Sudani Globally Satetment, Internatioanally Announce – 4:57
Finally CBI Announcef Iraqi Dinar news – 3:00
Iraqi Dinar Video Update Monday Evening 4-22-24
Iraqi Dinar Big Exchange Rate Today – 3:30
WTO Big Statement About IQD RV – 3:29
Al Sudani Globally Satetment, Internatioanally Announce – 4:57
Finally CBI Announcef Iraqi Dinar news – 3:00
Iraqi Dinar Big Exchange Rate Today – 3:30
WTO Big Statement About IQD RV – 3:29
Al Sudani Globally Satetment, Internatioanally Announce – 4:57
Finally CBI Announcef Iraqi Dinar news – 3:00
KTFA Mon. Night CC: FRANK26….4-22-24….ALAK NOT SUDANI
KTFA
Monday Night Conference Call
FRANK26….4-22-24…..ALAK NOT SUDANI
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION
KTFA
Monday Night Conference Call
FRANK26….4-22-24…..ALAK NOT SUDANI
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION
Iraqi Dinar Today Video Updates Monday Afternoon 4-22-24
Iraqi Dinar Today Video Updates Monday Afternoon 4-22-24
WOW Massive Update For All Iraqi Dinar Investor RV Happens 12 Hours – 2:50
WOW WOW Finally Announced On Tv – 5:02
US Federal Bank, Trade Bank & Citibank Display THE IQD New Exchange Rate On Screen - 3:00
Finally CBI Announced IQD RV And New Exchange Rate – 4:20
Iraqi Dinar Today Video Updates Monday Afternoon 4-22-24
WOW Massive Update For All Iraqi Dinar Investor RV Happens 12 Hours – 2:50
WOW WOW Finally Announced On Tv – 5:02
US Federal Bank, Trade Bank & Citibank Display THE IQD New Exchange Rate On Screen - 3:00
Finally CBI Announced IQD RV And New Exchange Rate – 4:20
WOW Massive Update For All Iraqi Dinar Investor RV Happens 12 Hours – 2:50
WOW WOW Finally Announced On Tv – 5:02
US Federal Bank, Trade Bank & Citibank Display THE IQD New Exchange Rate On Screen - 3:00
Finally CBI Announced IQD RV And New Exchange Rate – 4:20