The National Investment Authority revealed on Monday an upcoming meeting with the International Finance Organization to present its projects, and while confirming its intensive quest to obtain financing from international banks for sustainable environmental projects, including the “Blue Amonia” project, pointed out that a new draft of the climate investment map may be launched within the next two months, pointing out that it is currently working on 3 projects related to the environment.
“The National Investment Authority cooperates with the International Finance Organization and the private sector to discuss financing environmentally friendly projects,” said the head of the authority, Haider Makiya, in a statement reported by the official news agency, and seen by “Economy News”.
He added, “The Authority will soon hold a meeting with the International Finance Organization to present a range of projects related to climate change and others, with the aim of obtaining funding for their implementation.”
“The Authority is working on many environmental projects at the moment, such as the Blue Ammonia project, which is the first environmental project of its kind in Iraq, in addition to the sustainable forest project, which needs financing, and the waste treatment project to convert it into energy,” noting that “these projects require funding and support from international institutions,” he said.
He stressed that “the authority is also working on preparing a climate investment map, and the final draft may be launched within the next two months.”
He added that “Iraq adopted the establishment of the Green Bank for Sustainable Development project last year, which is specialized in environmentally friendly projects, and will be interested with all projects affecting Iraq,” stressing that “the authority is working hard to obtain the necessary financing from international banks.”
A new [financial] system that is fast and effect - digitally. Hopefully they're talking about they're going to have to have an exchange rate to do that. A Real Effective Exchange Rate gets them across borders. From here on out a different playing field, a digital playing field. I think that's where we are. I think it's really powerful information
If you add up the oil, non-oil, tourism, all of the thing that's where they're going to be able to support the value of their exchange rate with a Real Effective Exchange Rate - Once approved by the IMF, Bank of International Settlements, The World Bank...This is really getting hot!
Tishwash: keep in mind the dollar has been very volatile this past week it's at or just about at 1600 dinars per dollar but this is definitely interesting
Most private banks closed, fears of liquidity crisis amid citizens’ anger
Today, many banks in Iraq witnessed a state of chaos and tension after their sudden closure, which raised widespread concern among citizens, especially with the emergence of reports about some other banks refusing to return customers’ deposits under the pretext of a lack of cash liquidity.
This development prompted many citizens to quarrel with the management of the banks that remained open, amid growing fears that the officials of these banks would flee after emptying them of money.
The banks that have closed their doors include:
World Bank
Ashur Bank Babylon
Bank
Al Ansari
Bank Middle East
Bank Al-Qabeed Bank
Noor Iraq
Bank Trans Iraq
Bank Al-Huda
Bank Mosul Bank
As for the banks that remained open, but refused to return customers’ deposits under the pretext of lack of liquidity, they include:
National Bank,
Baghdad
Bank, Development
Bank, Al-Nasik Bank
, Bank of the South,
United Bank,
Union Bank,
Al-Tayf Bank
The sudden closure comes amid reports of financial turmoil hitting Iraq's banking sector, with many customers fearing they will lose their money amid growing rumours that some bank officials are planning to flee the country after withdrawing assets from branches. link
MarkZ: I do not believe our goal posts are moving…I believe things are funneling quickly in the right direction.
“Al Rafidain: More the 4 Trillion dinars electronic collection amounts for government departments" this is a marked improvement to the government...
a big increase in revenue from getting rid of graft and inefficiency by using electronic systems. They are very much streamlining their government. This has made a massive difference in stability in Iraq.
Central Bank of Iraq: All employees must open bank accounts before the end of March 2025
Today, Sunday, October 6, 2024, a number of employees of the Kurdistan Region received their salaries for the month of August through the "Hesabi" banking project.
In this context, an informed source in the Central Bank of Iraq told Kurdistan 24 that the agreement concluded between the Kurdistan Regional Government and the federal government obliges all employees to open bank accounts.
The source confirmed that employees who do not open a bank account and do not register in the "Hesabi" project until March 2025, will not be able to receive their salaries.
The source explained that there is no difference between the Iraqi localization project and the bank account project, as both come in response to the request of the US Federal Reserve.
He stressed the need for all employees to have bank accounts, with the aim of reorganizing the financial and banking sector in Iraq and the Kurdistan Region.
This comes at a time when 132,000 employees in the Kurdistan Region are preparing to receive their salaries for the month of August through the "Hesabi" project within three days. Today, 40,000 employees received their salaries, with another 46,000 receiving their salaries on Monday and another 46,000 on Tuesday. link
“Al Rafidain: More the 4 Trillion dinars electronic collection amounts for government departments" this is a marked improvement to the government...a big increase in revenue from getting rid of graft and inefficiency by using electronic systems. They are very much streamlining their government. This has made a massive difference in stability in Iraq.
..Chase always saying they have nothing to do with Iraq…but in the meantime they are opening 10 branches in Iraq while working with them to update their banking system.
Minister of Communications: We are proceeding with the procedures for implementing the national license project for mobile phones using fifth-generation technology
Minister of Communications Hiyam Al-Yasiri announced today, Saturday, that the ministry is proceeding with completing the procedures for implementing the national license project for mobile phones using fifth-generation technology.
The ministry said in a statement received by the Iraqi News Agency (INA): "In continuation of the intensive efforts to follow up on the procedures for implementing the national mobile phone license project, Minister of Communications Hiyam Al-Yasiri held a meeting with the Supreme Committee for the project in the ministry," indicating that "the meeting comes within a series of ongoing and intensive meetings and procedures to move forward with the procedures for implementing the national mobile phone license project using fifth-generation technology."
The statement added that "these efforts come in implementation of the Council of Ministers' decision, which included the Communications and Media Commission granting the national mobile phone license to the Ministry of Communications to implement it using fifth-generation technology."
It is worth noting that the Ministry of Communications is working on multiple axes to implement the project, including attracting solid specialized international companies to benefit from their expertise in operating the project and communicating with a number of government agencies to contribute to financing the project in a way that ensures that the largest number of segments of society in Iraq benefit from the project's revenues, in addition to communicating with the Communications and Media Commission to complete the procedures for granting the license. link
I have been following you since I got into this investment. While I find some of your comments frustrating, they are the truth. I believe you.
So today, when you said that you believe 1000% that the RV will not happen until November…again, frustrating that you don’t think it’s going to happen TODAY, but what I read into it is hopeful, and I read that it IS GOING to happen. We’ve waited this long, what’s another month. Please be right. We ALL need this to come to fruition. Thank you again.
Comment to Rich Demajo and to all my readers:
I did not say the RV would happen in November. Again, you are just speculating.
I said my CBI contact told me to expect the Project to Delete the Zeros to begin in November after the elections are over in US and if stability comes to the US government.
This does not mean Donald Trump or anyone else specifically getting into office.
It just means that under the current administration the RV would only be delayed more. The target I was told was “early 2025”. I said that may mean to start the new fiscal year of 2025 off with the new rate on FOREX, something that the CBI has repeatedly told us is the MOST opportune time to do it. Even Dr. Shabibi in 2015 told us Iraq has an unprecedented opportunity to do it in January 2013 and since they targeted January twice more and so they are targeting it again, as I believe ONLY based on the FACTS we are getting.
Sudanese advisor: Most state employees do not know how to use computers
The Prime Minister's Advisor for Digital Transformation Affairs, Hassan Al-Khatib, confirmed today, Monday, that most Iraqi employees do not know how to use computers, pointing to the role of the private sector in developing this field.
Al-Khatib said, during the Real Estate Investment Forum in Digital Transformation, that “Iraq suffers from a weakness in human resources for digital transformation,” adding, “We are in the process of creating a digital academy to appoint and train millions of employees.”
He pointed out that "the academy is being built by the private sector, not the state, and in cooperation with Microsoft and Apple."
He stressed that "the Iraqi state has 5.25 million employees, most of whom do not know how to use computers."link
FIREFLY:Television is talking about what will happen once the currency auctions are stopped.
They are talking about Iraq has a process to develop the infrastructure, this will protect us and give more security and stability to our currency through the CBI.
FRANK: This is all part of the monetary reform education to you.
When they stop those auctions it will completely freeze Iran from stealing and the corruption...and will open the door wide open for a new exchange rate and your lower notes...
Planning Confirms Its Readiness To Conduct The Population Census On The Scheduled Date
Sunday 06 October 2024 11:17 | Economic Number of readings: 332 Baghdad / NINA / Minister of Planning, Mohammed Tamim, confirmed today, Sunday, the ministry's readiness to conduct the census on its scheduled date.
According to the ministry's statement, "Tamim inspected the operations room of the General Population and Housing Census in the Statistics and Geographic Information Systems Authority, with the aim of reviewing the progress of the numbering and enumeration operations taking place in all governorates, including the governorates of the Kurdistan Region, in preparation for conducting the population census on the twentieth of next November."
The head of the operations room and the work team in the statistics office provided "a detailed explanation of the progress of the numbering and enumeration operations and the rates of completion in each governorate," stressing that "the operations are proceeding at an accelerating pace, and that field work is witnessing great progress."
The minister confirmed, after reviewing the details of the field work, that "the ministry's readiness to conduct the census on its scheduled date has been completed," noting "the readiness of the data center as well as the communications center, in addition to other requirements." / End 11 https://ninanews.com/Website/News/Details?key=1160078
I’m at all a script folks. Iraq and Iran are getting nervous as Israel is pointing at them they they’re next!
Meanwhile, Iraq moves forward with digitizing their new economic system and moving things forward.
Don’t believe the lies that the fake financial news networks tell you that Iraq is on their true economic rate.
We know better. We won’t be fooled like the trolls, haters, bots and paid liars that try to deceive you. Don’t help them out.
In the days and weeks ahead as the truth comes out, they’re going to get really upset when they realize they were lied to and that they missed out on the wealth transfer. We won’t miss it. Gods true and devoted faithful people.
Increase In Iraqi Oil Product Revenues Through Electronic Payment
Electronic payment at gas stations Money and business Economy News – Baghdad m The Oil Products Distribution Company announced an increase in its sales of oil derivatives through the electronic payment window POS during the month of September, with revenues exceeding one billion Iraqi dinars for the month of August.
The company’s general manager, Hussein Talib Abboud, revealed that the company’s sales via electronic payment of fuel types in all its distribution outlets in the country reached approximately (740) billion Iraqi dinars, i.e. a difference of more than one billion dinars from the month of August, whose sales amounted to approximately (633) billion dinars.
He stressed that "the gradual rise in revenues from petroleum products since the start of the electronic payment project on April 1, 2023 is nothing but evidence of its success since the moment of its launch and represents an important step in the project to automate distribution work."
The company's general manager noted that "the distribution company is the first company in Iraq to introduce electronic payment service into its operating system in all its distribution outlets, and it also included those dealing with the company from gas and kerosene agents, generators, and constructed stations, in addition to tank conditioning and others."
Hussein Talib Aboud confirmed the company's determination to complete the drawn plans by equipping all fuel stations with electronic payment devices and ending cash transactions in implementation of the government program. 73 views 2024/10/06 - https://economy-news.net/content.php?id=48411
FAMILY: KEEP A VERY CLOSE EYE ON THE FOREX STARTING 5pm EASTERN AND ONWARDS……WE MAY BE GETTING A BIG SURPRISE!
BP
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BEARDED PATRIOT
Nesara will be announced first. This way the PUBLIC (everyone) will receive financial relief from debts.
The RV will also be released QUIETLY for T4b for us to revalue. Once 4b is done or nearly done, then the public will commence on their exchange.
The purpose of the NDA is to keep T4b mouths shut (or their funds will be clawed back) regarding the amount of rates being paid out because the PUBLIC will NOT be receiving the same high rates. This is to keep the PUBLIC for being upset and causing backlash. IMO…..
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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
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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.
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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
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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!!!!
private files , 2024/10/06 23:57 , Number of readings: 174 Baghdad - Iraq today: Today, many banks in Iraq witnessed a state of chaos and tension after their sudden closure, which raised widespread concern among citizens, especially with the emergence of reports of some other banks refusing to return customer deposits under the pretext of a lack of cash liquidity.
This development prompted many citizens to quarrel with the managements of the banks that remained open, in light of mounting fears that the officials of these banks would flee after emptying them of funds.
Banks that closed their doors include: World Bank Assyrian consumption Consumption of Babylon Al Ansari Bank Middle East Bank Holding Bank Noor Bank of Iraq Trans-Iraq Bank Al Huda Bank Mosul Bank
As for the banks that remained open, but refused to return customer deposits under the pretext of a lack of liquidity, they include: National Bank Consumption of Baghdad Development Bank Hermit Bank South Bank United Bank Union Bank Spectrum Bank
This sudden closure comes amid reports of financial turmoil hitting the banking sector in Iraq, as
many customers expressed their fear of losing their money amid increasing rumors about the intention of some bank officials to flee outside the country after withdrawing financial assets from the branches.
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: Good Monday Morning fellow RV’ers
Member: Another week of hoping……another day older and deeper in debt.
Member: Still hopeful this week
Member: Mark- How are you feeling about this week? I feel like I ask this every week…Groundhog Day
Member: Have anything good today Mark? Are the goal posts moving again?
MZ: I do not believe our goal posts are moving…..i believe things are funneling quickly in the right direction.
MZ: in Iraq…This is a great repeater….”Sudani chairs meeting to review financial reforms-stresses prosecution of speculators” They are going after speculators…….with the financial reforms this is important.
MZ: “ Al Sudani directs to continue simplifying banking procedures and prosecuting speculators” and “Supporting the local economy the government takes a series of decisions and measures to activate the role of the private sector” This is non oil revenues
MZ: Right now it’s the Monday Morning blues as we wait to get some bond updates to see if they are still on track with expectations of spendable dollars tomorrow.
Member: What kind of bonds did the contact have from last week-specifically
MZ: I can’t be to specific in case it gets them in trouble…but, it’s a German bond. I have not heard they were moving forward yet with Dragon bonds.
Member: German 1924 comes first , then the dragon bonds , I can not say more
Member: How are u gonna hear anything from bond people when they immediately go under an NDA?
Member: They can at least say they are under an NDA…..we guess the rest
Member: If it’s a shotgun start…..Bonds cannot go until we get notifications….imo
MZ: From the banking side I did get one from someone who works in wealth management. They said “We would not be doing this level of preparation if we weren’t close”. In other words they sould not be working weekends or throughout the week at this level if we were not close. They wouldn’t give me what to expect date-wise…but I find that encouraging.
Member: Close. There’s that word again. I think I’ll ban that word forever at some point!
Member: I just got an email from my Chase bank regarding a appointment with a wealth manager
MZ: Isn’t that crazy….They are chasing people even if they only have $30 or $40 dollars in the account. Maybe they know they have currency and are preparing for something.
Member: I heard there will not be 800 numbers.
MZ: There will be plenty of 800 numbers….not just one magical one the whole world uses
Member: Different zip codes , states and countries will have different numbers is what I heard….thats why we will be asked for our zip codes when we set our appointments.
Member: Will all the banks have the same rates?
MZ: All the redeeming or qualified exchange banks will have the same rates is what I was told . If someone walks in to a teller right off the street….they should get street rates.
Member: I am resigned to waiting for our RV until after the election……stepping off the roller coaster today.
Member: Mark, hearing any chatter from your Iraq contacts regarding the IQD rate being announced publically soon?
Member: there is still a chance Iraq goes alone……that would bring relief to millions if they do.
Member: We need our freaking RV so we can help and start changing this country!!!! Enough waiting!
Member: Pray for Florida, Pray GOD stops the hurricane
Member: thanks for News Mark and sending prayers to Helene suffers
StacieZ joins the stream today. please listen to the replay for her information
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
