Sunday, June 9, 2024

Association of Private Banks: Iraq witnessed a major revolution and widespread change in electronic payment tools, 10 JUNE

  Association of Private Banks: Iraq witnessed a major revolution and widespread change in electronic payment tools

The Iraqi Private Banks Association confirmed today, Sunday, that Iraq has witnessed a major revolution and a wide change in the level of use of electronic payment tools since 2023, while indicating a significant increase in the size and number of electronic payment operations.

The Executive Director of the Iraqi Private Banks Association, Ali Tariq, told the Iraqi News Agency (INA): “The Iraqi Private Banks Association Foundation and the Iraqi banking sector are fully prepared to cooperate within the directions of the Central Bank of Iraq, which are greatly supported by government directions, especially after the recent visit to the United States.” The American efforts resulted in framing the process of working to solve the problems related to preventing the use of the dollar for a group of Iraqi banks.”

Tariq added, “The role of the Association of Private Banks believes in implementing these trends related to amending work mechanisms, using modern technical tools, and reviewing previous accounts,” stressing that “the Association will be very supportive of these trends.”

He pointed out that "the Association of Private Banks hopes for the return of banks that can meet the above requirements," pointing out that "the issue that occurred on the private banking sector had negative effects," adding that "the general trends and the banks' directions must be to repair the damage that occurred in the stage." previous".

He stressed that "Iraq has witnessed a major revolution and a wide change since the previous year until now in the level of use of electronic payment tools, which the government has approved the adoption of electronic payment in government or private institutions," noting that "Iraq has also witnessed a significant increase in the volume of operations and the number of operations related to electronic payment, In addition to an increase in the number of bank cards, and doubling the number of electronic payment points ( pos ), therefore there is a big change.”

He stressed that "the current year will witness significant and tangible change by the citizen."

Tariq pointed out that "the institution seeks as much as possible to strengthen relations between electronic payment companies and banks on the one hand and between government institutions and the Central Bank of Iraq on the other hand, in addition to educating the community on the continuous use of electronic payment tools  link

"RV UPDATE" BY MILITIAMAN, 10 JUNE

Militia Man  

 Anybody going with Sudani is going against the mafias and going against those that are going to have their dollar auctions dry up.  

They're going to have lots of different little things happen to them that are going to be painful.   Anybody that's holding the dollar when they change the exchange rate...those exchange companies, 197 banks that got tagged by the central bank...

they're going to have a painful experience because if you're not large on the dinar and you own dollars and Alaq drops the three zeros, those guys are going to have a painful situation... They've been warned.  They've been open about stopping the dollar auctions in Iraq for this year...

Iraqi Dinar | OMG Iraqi Dinar Contrect Rate 28.50 Fixed | Iraqi Dinar Ne...

Within months. Jump in Indian merchandise exports to Iraq, 10 JUNE

 Within months. Jump in Indian merchandise exports to Iraq

Baghdad - Iraq Today:

The "Iraq of the Future" Foundation for Economic Studies and Consultations said that the value of Indian exports to Iraq from April 2023 to March 2024 increased by 24% compared to the same period last year.

According to data from the Indian Ministry of Commerce and Industry, the value of direct Indian exports to Iraq amounted to 3.4 billion US dollars, up from 2.7 billion dollars for the same period last year.

According to a report released by the institution today, India's rice exports rose 131 percent to $910 million, up from the same period last year, which was worth US$392 million.

Fossil fuels decreased by 9.15% to $799 million from $879 million.

Indian meat exports increased by 41.5% to US$329 million from US$232 million for the same period last year.

Iron exports also increased by 153%, tea exports by 141%, fruit exports by 114%, clothing exports by 106%, and vegetable oil exports by 103%.

The commodities that fell were sugar, whose exports from India to Iraq fell by 85%.

The report indicates that India is the fifth exporter to Iraq of goods after the UAE, China, Turkey and Iran, and the establishment of India's exports is considered direct to Iraq, and may rise if it is added to the value of re-exported goods from the UAE, which is represented by a large percentage of Indian products.

On the other hand, the value of Iraq's exports to India, mainly of crude oil, decreased from 34 billion US dollars compared to 30 billion US dollars in the period from April 2023 to March 2024.

"RV UPDATE" BY PIMPY, 10 JUNE

 Pimpy

  My question is whether or not Iraq is going re-denominate the Iraqi dinar because then [if they  re-denominate] the Iraqi dinar isn't going to create a lot of millionaires.  I'm hoping that they'll change the exchange rate and  leave those zeros right where they are...  

--

Nothing would make me happier than to wake up in the morning and seeing for surely they increased  the exchange rate...There's no more talk about the deletion of the zeros, which is good. 

 We don't want them to delete the zeros.   If they're going to make a change to the exchange rate, we want them to keep the currency we currency have.   I don't care what them  other jokers tell you, it's not going to be just off the exchange rate, it's going to come off the currency.  We don't want a  LOP...We want them to change the exchange rate for the better without removing the zero.  That's what we want.

Iraq is on the verge of getting their full sovereignty which is awesome for Iraq and a huge step in going in the right direction.  Article "Al-Aboudi: The decision to end the UNAMI mission in Iraq is a major step for full sovereignty"

 Deletion of the zeros is a redenomination.  Iraq is not positioned to do a redenomination.   That means you have to create all new bill.  I know they keep telling you guys it's only coming off the exchange rate but they're wrong...There's no increase in the exchange rate.  I was hoping things will start going up in increments by now but that's not even moving, not yet anyway.

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-pimpy-7-june.html

🔥 Iraqi Dinar 🔥 It's Huge $28.50 🔥 Today News Guru Intel Update Value Ex...

Iraq bids farewell to the list of “high-risk countries”, 9 JUNE

  Iraq bids farewell to the list of “high-risk countries”

 Observers and specialists in political affairs expressed their optimism about Iraq’s exit from the list of “high-risk countries” that was officially announced by the International Task Force (FATF) last week, noting that the international declaration represents an important step in the correct path that the Sudanese government is taking in achieving reforms. Financial and economic along with political stability.

Political affairs analyst, Qasim Balshan Al-Tamimi, told “Al-Sabah”: “Iraq’s exit from (the follow-up area) and from the list of (high-risk countries), according to the announcement of the International Task Force (FATF), is a very important step,” noting that “the announcement The International Bank came as a result of the reforms carried out by the Central Bank of Iraq, as well as the procedures and reforms of the Office of Combating Money Laundering and the Financing of Terrorism.”

He added, "Iraq's exit from the list also comes as a result of the legislation of the Anti-Money Laundering Law No. 39 of 2015, and also the establishment of the Anti-Money Laundering Council," and explained that "Under the announcement of the International Working Group, Iraq has become outside the monitoring and follow-up process, and this means that it has regained the confidence of the group."

"By restoring this confidence, Iraq can play a major and pivotal role in the region and in the world, and this step would also make Iraq a destination and a source of interest for major international development and investment companies." The International Financial Action Task Force (FATF) officially announced Iraq’s exit from the follow-up area, due to the significant progress achieved by the Central Bank of Iraq and the Anti-Money Laundering and Combating the Financing of Terrorism Office in improving and addressing deficiencies and in fulfilling all its obligations towards the recommendations of the Financial Action Task Force and addressing the requirements of the strategy to combat money laundering and financing of terrorism. Terrorism, and thus Iraq is no longer subject to monitoring and follow-up by the international Financial Action Task Force (FATF).

For his part, the political analyst, Ali Al-Baidar, stated in an interview with “Al-Sabah” that “Iraq’s exit from the list of the most corrupt countries is evidence that the Sudanese government is not a government of services - as it is referred to - but rather a reform government that has achieved many political and governmental aspects and prevented "A lot of cases of corruption."

 He noted that "Iraq's exit from the list confirms the important steps that the government has worked on, and from here we can look at the deep vision with which the authority dealt with and the method of implementing its service programs in a reform manner, many of which were directed towards preventing corruption, such as activating electronic automation, and there is also awareness Socially, it contributed to rejecting cases of rampant corruption in recent years.”

 He explained that "the fingerprints that Al-Sudani placed on the wheel of reform were reflected positively on the projects and the clarity of vision for many matters related to services and reform. It also appears that Prime Minister Muhammad Shia Al-Sudani laid the foundation for basic visions and ideas that are reflected in the lives of Iraqis, including creating a culture of transparency and integrity, and this The matter affects Iraq's reputation positively, and also affects international support and the creation of an investment environment in Iraq to attract companies, and these are the first fruits of reform that Sudanese reaped as a result of the positive repercussions of his government program.”  link

"RV UPDATE" BY MNT GOAT, 9 JUNE

 Mnt Goat

  The electronic systems are taking hold...This will allow the shrinkage/withdrawal of the tangible currency notes from the market that is needed in the process to Delete the Zeros...a critical part of it...I can remember hearing as far back as 2010 from Dr Shabibi the importance of the electronic banking effort and its advantages to the process. Yes, they MUST shrink down the currency mass...if you shrink down the monetary mass than what is left will be worth more.

 As June is rolling on….  We have waited for this month for a long time to come. This month I believe is going to be a critical month for us investors...I had a very interesting conversation...call to Iraq.  I was told by the committee that all is geared up for the Project to Delete the Zeros...I was told that if they can retain the stability between the Parallel Market rate and the Official CBI rate of the dollar that we could see the next “official” rate change that we have been waiting for some time in JUNE...WOW! ...Nothing is certain on any dates because it is all dependent on the market and what it brings. They cannot predict this. But...my contact in the CBI did sound optimistic and that something BIG could or is about to happen and happen much sooner than later...

This month I believe is going to be a critical month for us investors... 

 Article:  "CENTRAL BANK: THE ISSUANCE OF NEW MONETARY DENOMINATIONS WILL NOT AFFECT THE DINAR EXCHANGE RATE”  I would consider this “WOW!” news.

  Quote:  "... the issuance of new cash denominations, large or small, will not affect the dinar exchange rate."   If the CBI drops the zeros (project to delete the zeros) the rate of the dinar will remain the same in-country of Iraq.  It only changes when the reinstatement back to FOREX occurs...the value is already in the dinar... only the rate, right now, does not reflect the true rate... 

Why...on May 27th did the CBI make this announcement about the issuance   of newer lower denominations?   Could they be heading into June for the redenomination of the three zero notes?

 Article quote:  “The budget is not affected by the rise or decline in dollar exchange rates, because Iraq will receive the dollar from the export of oil, and on the contrary, revenues increase as dollar prices increase globally,”


  The rate of the dollar to the dinar will NEVER be in the budget...NOT GOINGTO HAPPEN! ...The budget is dependent on the price of oil.

Iraqi Dinar Is Real Investment Al Sudani Said Today 2024🔥iraqi dinar new...

Al-Sudani: The government has provided a safe investment environment and financial and banking facilities that are attractive to experienced companies, 9 JUNE

 Al-Sudani: The government has provided a safe investment environment and financial and banking facilities that are attractive to experienced companies

Prime Minister Muhammad Shiaa Al-Sudani confirmed that the government has provided a safe investment environment, and financial and banking facilities that are attractive to experienced companies, which opens horizons for continuous cooperation, reflects positively on the local economy, creates job opportunities, and maximizes Iraq’s oil resources, in light of The goal of converting at least 40% of Iraq's oil exports into derivatives and refining products, in addition to gas investment.

A statement from his media office said that today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani, Chairman of the Board of Directors of Al Hilal Companies, Mr. Hamid Jaafar, and his accompanying delegation, indicating that the meeting witnessed a review of the progress of work in the projects undertaken by the company in Iraq, especially the company’s project within the fifth round of licensing. In addition to confirming the government’s vision to expand productive partnerships with companies and regional and international economic groups, in cooperation with the Iraqi private sector, within the government’s platform for economic reform.

For his part, Hamid Jaafar expressed his appreciation for the government’s steps in facilitating all aspects of fruitful work, and the Prime Minister’s directives to remove obstacles and impediments that hinder the work of investment companies, and to prepare everything that would raise levels of cooperation.   link

"IRAQ IS RETURNING TO THE GLORY DAYS AND IT WILL SURPASS THOSE DAYS" BY FIREFLY, 9 JUNE

 Frank26 

  [Iraq boots-on-the-ground report]

   FIREFLY:  Alaq  said Iraq returning to the glory days and it will surpass those days.

 FRANK:  This caught me off guard.  They're talking to them a lot.  We told you they would...They're releasing the videos, we told you they would. 

 Alaq is telling the people, look I got a mechanism, you know what it is, it's a new exchange rate... 'Iraq is returning to the glory day...and will surpass those glory days.'  I told you, you would never see 1 to 1.  There's a reason they kept it at 1310 and they're going to return back to the glory days which was $3.22 because this is an RI, reinstatement...IMO this is happening.

URGENT: Article & Link For APPEALED 2024 BUDGET

Iraq: We seek to achieve self-sufficiency in the refining industry and export its surplus abroad, 9 JUNE

 Iraq: We seek to achieve self-sufficiency in the refining industry and export its surplus abroad


6/8/2024

Prime Minister Muhammad Shiaa Al-Sudani opened, on Saturday, the Al-Azmara unit project for producing improved gasoline in the Basra Refinery with a capacity of (11) thousand barrels per day.

During his speech, Al-Sudani pointed out the importance of opening the Azmara unit in the refinery, and the provision it represents for the country’s need for high-octane gasoline, stressing that these projects will stop the process of wasting wealth and put an end to the import of petroleum products, which has continued for many years, stressing that the optimal investment for oil wealth is Gas and maximizing resources are among the top priorities of the government programme.

The Prime Minister explained that a series of measures and steps were being taken to expand the production of petroleum derivatives, stressing that the increase in filtering and refining capacities at daily rates, with every opening of a new oil unit, makes us close to achieving self-sufficiency.

He indicated the existence of a new indicator for the export of some derivatives, such as gas oil, naphtha, sulfur, and jet fuel, stressing the continuation of this program during the period of the government’s work, and that the goal is to increase production capacity and improve product specifications. He explained that gasoline production in 2022 was (15 One thousand cubic meters per day, while production today reached (24.8) thousand cubic meters per day.

The project, which was implemented by the National Effort at the South Refineries Company in cooperation with supporting companies, is considered one of the important projects in increasing the production of improved gasoline, with a production capacity of (11) thousand barrels per day, and it will contribute to reducing the quantities of imported gasoline, which will save more than 200 million dollars annually.

This project, which is considered one of the lagging projects, comes in addition to a number of projects that are being implemented, to contribute to increasing the refining capacity of petroleum products, upgrading the specifications and improving the quality, within the plans of the Ministry of Oil, and in harmony with the government program, to achieve self-sufficiency.

In turn, Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, said in his speech on this occasion, “Today we celebrate the opening and completion of the (Al-Zamra Unit) project with a capacity of eleven thousand barrels per day. This project is considered one of the important projects in increasing the production of improved gasoline fuel.” With a capacity of one thousand three hundred cubic meters per day, which is equivalent to one million three hundred thousand liters per day,” indicating that this project “contributes to reducing the import of gasoline by a rate of one thousand three hundred cubic meters per day, and saves the state treasury approximately three hundred and fifty million dollars per year.”

Abdul Ghani pointed out that “the project comes within the ministry’s plans to increase refining capacity, improve the specifications of petroleum products, and improve their quality, after the completion of the fourth refining unit project with a capacity of seventy thousand barrels per day, which entered into operation and production a short while ago,” considering that “the most important thing that distinguishes These projects came about as a result of the national effort of the Southern Refineries Company and its supporting bodies, after foreign companies hesitated to implement them.”

The Minister of Oil continued to say: “The government and the ministry have given great attention to the refining industry sector, with the aim of increasing national production to reach self-sufficiency, and gradually shifting to exporting its surplus outside Iraq.”

He noted that “the period of the year and a half of the government’s life witnessed the realization and completion of a number of projects in the refining industry sector, including the North Refinery with a capacity of one hundred and fifty thousand barrels per day, the Karbala Refinery with a capacity of one hundred and forty thousand barrels per day, and the Azmara unit in each of the Refineries Company.” The Central and North Refineries Company, in addition to what was achieved in the South Refineries with the completion of the fourth unit with a capacity of seventy thousand barrels per day.”

For his part, Undersecretary for Liquidation Affairs, Hamid Younis, said in his statement, “This project comes within the plans of the government and the ministry to maximize national production and improve its specifications.”

He stressed that the coming period will witness the announcement of the completion of a number of projects in the north, center and south that will add production capacities and enhance the plans of the government and the ministry in producing petroleum derivatives, including the cofactor cracking project, which is one of the promising projects that converts oil waste into white products with Euro 5 specifications and a refining card. Its capacity is 55 thousand barrels per day, which is implemented by the Japanese company “JGC”. All of these projects represent an important addition to the refining industry sector.

Prime Minister Muhammad Shiaa Al-Sudani also opened the steam boiler unit in the Basra Refinery, with a production capacity of 300 tons/hour, to supply the production expansions in the refinery’s units and facilities with the steam necessary for operation.   LINK


JUDY NOTES, 9 JUNE

 Judy Note:

 On Sun. 9 June 2024 Federal Reserve’s fiat dollar went down as the Petrodollar collapsed; the US Inc. ran out of money making 63 US Banks fail.

Meanwhile the US and other countries’ debt was paid off by the Chinese Elders as they released the Global Currency Reset for 209 countries currencies that were now gold/asset-backed.

  • Sat. 8 June 2024: The US and other countries’ debt has just been paid off by the Chinese Elders.
  • Sat. 8 June 2024 Utah Senator from Utah Mike Lee has introduced legislation to ‘End the Fed.’

Timeline:

  • As of Thurs. 30 May 2024 any US State could legally obtain their own gold backed currency and bypass the Federal Reserve.
  • As of Sat. 1 June 2024 International World Trade was using the new Iraqi Dinar Rate in the trade of international goods.
  • On Mon. Evening 3 June 2024 the Iraqi Parliament finally passed their budget with the new Iraqi Dinar International Rate in it.
  • On Tues. 4 June large bondholder paymasters were in Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window. 
  • On Wed. 5 June 2024 the shotgun was fired, authorizing liquidity of the bond payments of CMKX that opened the RV/GCR; the General of Brazil authorized release of funds to Brazil and San Paulo started to release funds.The Iraqi Parliament sent the budget with the new Iraqi Dinar Rate in it to the Gazette to be published presumably by Sat. 8 June.
  • On Thurs. 6 June 2024 the Chinese Elders authorized start of the payment process for Tier4b (Us, the Internet Group). The International Beneficiary Commission authorized some in Tier4b to receive notification. Brazil began sending out notification and setting exchange appointments. A group in Zurich and another group in Brazil went liquid. The BRICS Alliance began Summit meetings in Russia.
  • On Fri. 7 June 2024 the US Government ran out of money and declared 63 banks insolvent according to Janet Yellen. Bonds started becoming liquid.
  • On Sat. 8 June 2024 the new International Dinar Rate will be official as it is published in the Iraqi Gazette and announced in the Mosques – which will officially begin the Global Currency Reset of 209 countries.
  • On Sun. 9 June 2024 RV funds for Bond Holders and Tier4b will be moving into their positions for payout. On that same Sun. 9 June  look for a Black Swan Event as the Petrodollar ends = collapse of the Global Financial System. …The 17th Letter (JFK Jr.) and JFK Jr. Official on Telegram https://t.me/jfk_jr_officialchannel
  • On Sun. night or Mon. morning 10 June 2024 notifications for Tier4b could possibly come out.
  • On Mon. morning 10 June 2024 Bond Holders and Tier4b should have access to their funds with Tier4b appointments starting soon thereafter.
  • On Tues. or Wed. 11, 12 June 2024 a Worldwide Economic Collapse was expected to begin.
  • On Sat. 15 June 15 any bank not Basel 3 compliant would be closed.

Iraq: Urgent Budget Update

A tripartite meeting tomorrow between oil companies and the Ministries of Federal Oil and Natural Resources, 9 JUNE

 A tripartite meeting tomorrow between oil companies and the Ministries of Federal Oil and Natural Resources


6/8/2024

Rudaw Media Network learned from sources in oil companies operating in the Kurdistan Region that a tripartite meeting will be held tomorrow, Sunday, between the Ministries of Federal Oil and Natural Resources and oil companies, to discuss resuming the export of Kurdistan Region oil via the pipeline to Turkey.

A senior official in one of the oil companies operating in the Kurdistan Region told the Rudaw Media Network today, Saturday (June 8, 2024), that the oil companies have observations on the Iraqi government’s conditions for resuming exports.

The official, who did not want to reveal his name, added: “The Iraqi Oil Ministry set a condition for our participation in the meeting, during which we were asked to submit a copy of our contracts.”

According to the official, oil companies are afraid of this condition, because the Ministry of Oil has previously filed a lawsuit against these contracts.

He continued: “The Iraqi government should either withdraw its lawsuit against our contracts or grant legal guarantees to oil companies after we present our contracts during the meeting.”

The Federal Ministry of Oil responded positively to the oil companies’ request to hold a tripartite meeting to discuss their financial dues.

On May 28, the Ministry invited the international oil companies operating fields in the Kurdistan Region, and the Ministry of Natural Resources, to a meeting with the aim of “discussing and discussing the issue and reaching an agreement to accelerate the restart of production and resume the export of oil produced through the Turkish port of Ceyhan and according to the quantities specified in the budget law.”

The Minister of Natural Resources in the Kurdistan Regional Government, Kamal Muhammad, noted, for his part, that “the main problem facing the resumption of exports is that the Ministry of Oil sees the cost of production as high.”

In this regard, Kamal Muhammad pointed out that “Iraq annually allocates trillions of dinars to its oil sector.”

Sunday’s meeting comes one year and two months after the Kurdistan Region’s oil exports stopped, which caused billions of dollars in losses to the Iraqi economy, the Kurdistan Region, and oil companies.

According to information, there are two main problems facing the resumption of oil exports from the Kurdistan Region, which are the cost of production and contracts.   LINK


SUMMARY OF WOLVERINE CALL, 9 JUNE

 Sat. 8 June 2024 Wolverine Call:

  • I received a call about 2:30 a.m. (Sunday in Australia) It is official, it is not from a guru, it is an official announcement – we are now right at the edge of receiving our blessing. It is coming and it is real.
  • There will be a surprise announcement soon for Nesara/Gesara. 
  • I am not telling you what day, but it is all happening. Nothing will stop it now!
  • The event Mauricio held with all the leaders was an absolute success. I am not sure if today is the last day or not of that event. I was overwhelmed with the news coming through. It was one of the calls I was waiting for.
  • Notifications we hear have started and have heard that are in line with HSBC and Wells Fargo. Right now, I do not know of anyone who has received notifications yet. It is all happening this week.
  • Again, this is an official announcement that came through.
  • God bless all of you – I love you guys, we are right at the edge.
  • On the next call Carpathia will have something special to say to you, and I am sure it will be an emotional speech. This will be soon, not sure if it is tomorrow or the next day, but very soon.
  • You guys are The Chosen Ones. You have all been chosen since birth, in my own belief, in my opinion, that you were chosen by God. You each have a purpose in your life and on this planet. Remember, to help your family and your loved ones first and then comes humanity.
  • In the next call will be a special video made by a member, then the trumpets of freedom, and then the opera.
  • Thank you everyone, have a beautiful day. Wolverine

Cómo se está reconstruyendo Irak después de la invasión estadounidense

"IF I WAS SUDANI... I WOULD CELEBRATE WITH THE PRESS ALSO." BY FRANK26, 9 JUNE

 KTFA

FRANK26: Frank26:  "IF I WAS SUDANI... I WOULD CELEBRATE WITH THE PRESS ALSO."........F26

Al-Lami chairs the meeting of the Supreme Committee for Press Day celebrations

6/8/2024

Today, Saturday, the head of the Iraqi Journalists Syndicate, Muayyad Al-Lami, chaired the meeting of the Supreme Committee for Press Day celebrations, while stressing the importance of showing the bright image of Iraq to the delegations that will visit Iraq.

The union stated, in a statement, a copy of which was received by {Al-Furat News}, that “Al-Lami chaired the meeting of the Supreme Committee charged with preparing for the celebrations of the National Day of the Iraqi Press on its 155th anniversary, reviewing before the members of the Supreme Committee assigned by the Prime Minister the union’s procedures regarding the invitation Hosting delegations and personalities from various countries of the world, which include Arab and foreign ministers of culture and information, heads of Arab media institutions, and international organizations concerned with journalism and media.

She added, "The meeting reviewed the preparation of all logistical and technical requirements for holding the celebrations, most notably the preparation for the central celebration that will be held in the Al-Zawraa Hall of the Al-Rashid Hotel on the morning of Sunday, June 30, under the auspices of the Prime Minister, the celebratory festival of the union’s branches in the governorates, which will be held in the gardens of Abu Nawas Street, and the public celebration in the center."

Cultural and social activities, One Thousand and One Nights, as well as hosting meetings of the General Secretariat of the Arab Journalists Union.”

The union continued, “The meeting discussed the facilities that the supporting bodies represented by a number of ministries and other departments will provide to make this national celebration a success,” noting, “The meeting included representatives of the Ministries of Foreign Affairs, Interior, Culture, Transport, the Intelligence Service, the Baghdad Operations Command, the Baghdad Municipality, and the Iraqi Media Network, in addition to members.” Union Council.

Al-Lami stressed "the importance of showing the bright image of Iraq and the major reconstruction campaign that the country is witnessing in front of the Arab and foreign media delegations that will participate with the journalistic family in its celebrations this year of the National Day of the Iraqi Press, which represent more than (50) countries around the world."    LINK


"RV UPDATE " BY BEARDED PATRIOTUSA, 9 JUNE

 BEARDED PATRIOTUSA

FAMILY:  I know everyone is excited from what we’ve been TOLD, but please please stay grounded.  There has been just “verbal communications” between individuals without physical proof of such event.   Let’s just stay the course and see what goes on from here.  Still waiting on proof from Iraq’s Gazette also.  

BP

----

Family:  This is Bearded Patriot.  Just sitting here in my hospital room waiting for my heart surgery tomorrow morning, but if you don’t mind me saying this……I truly don’t believe we will be seeing the new rate BEFORE we are revaluing. 

---

Family, 

Please remember….we don’t need it to be posted (RV RATE) on the Gazette for us to RV.  THE POSTING of the Gazette is for the Budget to make it finalized by law.  IMO, we’re still extremely close to getting this completed.   Keep a close eye on your emails. 


Remember, it’s supposed to be a surprise and In my opinion, it doesn’t help our cause when we have all the gurus or podcasters claiming things out of hopium without significant proof, other than someone’s words or hearsay.  Let’s all stay cool, calm and collective as a family and we will cross this line together.  

Yelling “WOLF” is doing nothing but bringing our consciousness and desires to a minimum and bringing negativity to the forefront.  

I can tell you family that I truly believe we’re extremely close from what is currently occurring to our destiny and dreams…..HANG ON TO THEM CLOSELY AND VERBALLY MANIFEST IT TO FRUITION!

LOVE YOU ALL AS ALWAYS

BP

----


I believe we will go and then a few days to weeks, then the rate will appear of the forex giving the single to the public for their turn to exchange.  Again, this is only my opinion.  So stand ready whether the rates on forex or not!!!!

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-bearded-patriotusa-4-june.html

CBI Contact: BIG Changes in June🚩The Next Official Rate🤔Dinar RV Updates...

Reconstructing Iraq: The role of banks in financing the future, 9 JUNE

 Reconstructing Iraq: The role of banks in financing the future


6/8/2024

Reconstructing Iraq after years of wars and conflicts represents a great challenge, but it also represents an opportunity to rebuild a strong and sustainable economy.

Banks play a crucial role in financing reconstruction, by providing the loans and credit facilities necessary to finance construction and infrastructure projects.

The Iraqi Deposit Insurance Company played an important role in enhancing the confidence of investors and depositors in the Iraqi banking system, which made it easier for banks to obtain the necessary financing for reconstruction. It is estimated that Iraqi banks have provided loans worth more than $10 billion to finance reconstruction projects in recent years.

Germany’s experience after World War II is an inspiring example of how banks can play a crucial role in the country’s reconstruction. The KfW German Development Bank has contributed to financing many vital projects in Germany, such as rebuilding industrial and residential infrastructure, and providing financing for small and medium-sized companies.  LINK