Wednesday, August 21, 2024

Our MONTHLY Recap Headlines:The “digital transformation! You think its important? , PART. 2, BY MNT GOAT, 21 AUGUST

PART.2 

  • 😊 IRAQI BANKING SYSTEM.. A SIGNIFICANT INCREASE IN THE NUMBER OF BANK ACCOUNTS AND THE VOLUME OF DEPOSITS FOR CITIZENS The accession of the Iraqi Deposit Insurance Corporation (ICDI) to the International Association of Deposit Insurers was a decisive step in improving confidence in the banking system. When citizens and investors trust the banking system, they are more willing to deposit their money in banks.

Mnt Goat: Oops they did it again…. “Increase bank assets, get those stashes of currency into the banks.

  • 😊 The banking system in Iraq is gradually regaining citizens’ confidence with the increase in the number of bank accounts in the country.

Mnt Goat: Oops they did it again…. “Increase bank assets, get those stashes of currency into the banks.

  • “There is no accurate figure for the amount of money looted in Iraq after 2003, but all indications indicate that it is  hundreds of billions of dollars, some of which was smuggled abroad and some of which was turned into support for building economic wings for parties, forces and companies .”

Mnt Goat:: And they told us they were concerned about a few million to print the newer lower denominations as a con for doing the Project to Delete the Zeros. Are you kidding me?

  • 😊 Economic expert, Abdul Rahman Al-Shaikhli, “EXPECTS IRAQ’S GOLD RESERVES TO RISE OVER THE NEXT TWO MONTHS.”

Mnt Goat: Oops getting ready to do it again…

  • 😊 THE US FEDERAL RESERVE ADOPTS A NEW STRATEGY TOWARDS IRAQ.. “the dollar is threatened with rising to unprecedented levels”
  • 😊 EXTENSION PUTS 7 MEASURES BEFORE THE SUDANESE TO ELIMINATE THE “ROOTS OF CORRUPTION” IN THE CENTRAL BANK Member of the Political Bureau of the Imtidad Movement, Masoud Al-Rajhi, confirmed today, Saturday, that the Central Bank has lost its sovereign decision due to the presence of two factors that hinder its work: conflict of interest and corruption, calling on Prime Minister Mohammed Shia Al-Sudani to take 7 measures to eliminate the roots of corruption in a serious and inevitable manner.”
  • EXPANDING THE ELECTRONIC PAYMENT BASE IS AN IMPORTANT FINANCIAL TRANSFER. The global smart card company “Ki” described the expansion of the electronic payment base in the country as moving to an important stage in financial transactions.

Mnt Goat: Oops they did it again… The “digital transformation! You think its important?   

    ...TO BE CONTINUED

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