Militia Man
Changes are coming and it's coming fast. You should be very happy about it.
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.
Federal Finance sends Kurdistan Region salaries for September, parliamentarian confirms arrival
An informed source reported on Tuesday that the Iraqi Federal Ministry of Finance will transfer the salaries due for the month of September to the employees of the Kurdistan Region from Baghdad within the next three days, indicating that they will be disbursed immediately upon arrival of the amount.
According to information obtained by Shafaq News Agency, the Financial Supervision Bureau and the Ministry of Finance in Iraq have completed the process of auditing the payrolls of Kurdistan Region employees for the month of September, and the remaining amount is expected to be transferred during this week.
The source stated that after the government in the Kurdistan Region receives the financial amounts from Baghdad, it will, in turn, in cooperation with the region’s internal revenues, begin distributing employees’ salaries.
Meanwhile, the member of the Iraqi parliament for Sulaymaniyah province, Karwan Mirwais, stated on his official Facebook page that the Iraqi Ministry of Finance had transferred an amount estimated at one trillion dinars to the Ministry of Finance of the Kurdistan Region.
According to Mirwais, this amount is allocated to pay the salaries of civil, military and security employees for the month of September.
The salary file in the Kurdistan Region is witnessing continuous tensions due to the delay in sending financial dues from Baghdad, which leads to the postponement of the distribution of salaries to employees.
Previous agreements have been reached between the Kurdistan Regional Government and the federal government to ensure the continuation of salaries, but delays in sending dues remain a constant source of concern for employees in the region. link
MarkZ
[via PDK] “Salaries next week: Baghdad sends 29 Billion dinars to Erbil: The latter indicates a shortage of this amount”
They are moving and salaries are being paid…months worth of salaries….
“Iraqi banks are extending working hours to complete those remittances”
Many of us believe they stalled on those salary payouts waiting for a value change. I have a contact in the Finance Ministry who believes that as well…Now they are paying them.
Article: “Sudanese consultant: Digital Transformation will enhance Iraq’s efficiency and attract foreign investments”
They are bringing in billions in international investments …These big investors would not be investing billions of dollars in some backwater country with a useless currency…. It wouldn’t be happening….
Militia Man Changes are coming and it's coming fast. You should be very happy about it. A new [financial] system that is fast an...