Tuesday, October 15, 2024

Trade Bank of Iraq announces the imminent opening of a cash deposit center in Karkh, 16 OCT

 Trade Bank of Iraq announces the imminent opening of a cash deposit center in Karkh

The Trade Bank of Iraq announced today, Monday, the imminent opening of the cash deposit center in the Karkh side.

The bank's media advisor, Aqil Al-Shuwaili, said in a statement received by the Iraqi News Agency (INA): "Based on the directives of the respected Prime Minister, Mohammed Shia Al-Sudani, to provide the best services to citizens, the Trade Bank of Iraq announces the imminent opening of the (Cash Deposit Center)."

He explained that "this center receives all cash deposits only for all customers," indicating that "this is a new service that the bank will launch with the aim of providing the best services to customers, and to contribute to reducing the pressure of cash deposits on its other branches in Baghdad  link

IRAQ NEEDS TO HAVE AN INTERNATIONALLY ACCEPTED CURRENCY IN PLACE AHEAD OF THE ACCESION TO THE WTO BY MILITIAMAN, 16 OCT

 Militia Man

  Article: "World Trade Organization in Geneva 2024 was held on July 18th."

  That's just a few months ago... 

Quote:  "The significance of this is it marked the formal resumption of Iraq's accession  process to the WTO after a 6-year hiatus." 

 They have intensified the bilateral negotiations for the accession...There's a push now and they will need to be an internationally accepted currency in place ahead of the accession. 


INTEL FROM MR.SAMMY BANK: A REAL INTERNATIONAL RATE FOR IQD IS $4.00 @DI...

Issuance of the first national card outside Iraq, 16 OCT

   Issuance of the first national card outside Iraq

The Ministry of Interior announced the issuance of the first national card outside Iraq.

The ministry said in a statement received by {Euphrates News} a copy of it that "in a step that is considered the first in the history of the Iraqi Ministry of Interior, the first national card was issued at the Embassy of the Republic of Iraq in the British capital, London, after a special office was opened to issue national cards there."

He added, "It is hoped that the Ministry of Interior will open a number of national card issuance offices in a number of countries in succession to provide the best services to Iraqis residing outside the country."  link

RV UPDATE BY MNT GOAT, 16 OCT

 Mnt Goat 

 Article:  "IRAQ EXPORTS MORE THAN 54 MILLION BARRELS OF OIL AND ITS DERIVATIVES TO

AMERICA"   ...the best part is that Iraq is now refining their own oil and selling not only raw crude oil exports but now running refineries to generate oil products (or derivatives) and exporting them too.
----

STATUS OF THE RV

I have to start off with my commentary today with some really good news, actually some WOW! WOW! WOW! news. Let me explain. No the RV has not yet happened, but we can see the path now and very clearly. 

So, finally we get word that Iraq has met all it requirements to join the World Trade Organization (WTO). Please go read the news on this topic under the article titled “THE GOVERNMENT COMPLETES THE FILE TO JOIN “WTO”.

Now the arguments and rumors begin to fly in the dinar intel community from all the gurus and also from my blog readers. Why is this? I have already settled this issue as to whether Iraq needs a currency or not to join the WTO. Why do you still question it?

JEFF: " THE RATE WILL CHANGE ON A SUNDAY MORNING" @DINARREVALUATION

RV UPDATE BY MARKZ, 15 OCT

  MarkZ   

[via PDK]  

 Let’s start with this one from the WTO: “Congratulations to 23 participants (Iraq being one of those) for completing WTO ascension training and market access negotiations on goods”

  This tells us Iraq is preparing for that ascension. I continue to hear out of Iraq that they hope for that announcement this week.  

In Numbers.. The 2024 Budget And The Rate Of Iraqi Oil Sales, 15 OCT

 In Numbers.. The 2024 Budget And The Rate Of Iraqi Oil Sales

Time: 2024/10/14 08:02:11  Read: 1,326 times  {Economic: Al Furat News} The Prime Minister’s advisor for financial affairs, Mazhar Muhammad Salih, stated that the 2024 budget, which entered into force, had a “precautionary deficit” of about 64 trillion dinars.

Saleh said in a press statement that the average Iraqi oil sales for 2024 are estimated at no less than $75 per barrel, noting that the general financial need for {bridge loans} (which are short-term loans) to address the possibility of a deficit may not exceed 10 trillion dinars in all cases, which are borrowing amounts permitted under Law No. 13.

The financial advisor added that the country's {financial life} in 2024 is proceeding smoothly, wondering, otherwise how did the Ministry of Finance issue 2024 in cooperation with the Central Bank of Iraq {Achievement Bonds} for public subscription?

Saleh explained that these bonds are denominated in Iraqi dinars and come in multiple categories, including a category of 500,000 Iraqi dinars for two years with an annual return of 6.5%, indicating that these bonds are a safe investment, as the government is committed to paying annual interest on them, and they are an integral part of bridging the deficit in the general budget for the year 2024, which means that they will come into effect.  LINK

EXCERPTS FROM MARKZ: " REDEMPTION CENTERS ARE WORKING THIS WEEKEND" @DI...

CONFIRMATIONS FROM CBI CONTACT BY MNT GOAT

 EXCERPTS FROM MNT GOAT

I have also had confirmation from my CBI contact that I am seeing these reforms within the correct light and should continue. I was also told that these reforms in the ISX are not going to drag out and the plan is to accomplish them in the next few months, prior to the end of the year. Opps… there is another end of year benchmark.

CBI INTEL CONTACT 

Now we hear first hand what my CBI contact told us was taking place to clean up and enforce the banking laws.

THE CENTRAL BANK OF IRAQ DECIDES TO CLOSE THE BABYLON BANK 

The Central Bank of Iraq decided to close the Babylon Bank.

According to a document issued by the Central Bank of Iraq, addressed to the Babylon Bank, and received by “Al-Eqtisad News”, it decided to “refer the bank to forced liquidation based on the provisions of Article No. 69 of Banking Law No. 94 of 2004.

He added: “Appointing Ahmed Abdul Mahdi Nehme as liquidator of your bank.”

(This is the US Treasury inside Iraq as the strong arm to enforce Iraqi banking laws, something that was difficult for the CBI to do without repercussions from political members who used the banks to steal. So, now we hear first hand what my CBI contact told us was taking place to clean up and enforce the banking laws.)

https://dinarevaluation.blogspot.com/2024/09/cbi-intel-contact-by-mnt-goat-27-sept.html

Iraq Increases Reserves at IMF by 50%, 15 OCT

 A meeting of the Iraqi Cabinet this evening approved an increase in Iraq's quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing Rights (SDR), equivalent to 1.45 trillion Iraqi dinars [$1.1 billion] based on the exchange rate as of October 8, 2024.

This 50-percet increase in Iraq's previous quota will enhance the country's voting power within the IMF.

The additional allocation will be included in the 2025 budget.

The IMF created SDRs as an international reserve asset to supplement member countries' official reserves; they are not a currency, but rather a claim on freely usable currencies of IMF member countries. They serve as a potential source of liquidity for IMF member nations.

SDRs represent a weighted basket of major international currencies, and can he held as part of a country's foreign exchange reserves. Adding SDRs to a country's international reserves makes it more resilient financially.

FRANK26: " THE NEXT STEP IS TO INTRODUCE THE LOWER NOTES AND THE NEW EXC...

Taif Sami: The Regional Government Has Not Handed Over Its Oil Revenues To The State Treasury, 15 OCT

 Taif Sami: The Regional Government Has Not Handed Over Its Oil Revenues To The State Treasury

Local | 10/13/2024  Mawazine News - Baghdad  The Ministry of Finance announced on Sunday that it will release 400 billion dinars from the governorates’ allocations, while indicating that the fluctuations in oil prices caused a problem in achieving revenues.

The ministry said in a statement received by Mawazine News, that “Minister of Finance Taif Sami appreciated the support of the parliamentary finance committee, its chairman and members, for the ministry’s work, while she presented a detailed presentation on the ministry’s steps to address the budget deficit and the problem of lack of funding.”

Minister Sami said, according to the statements, that “the fluctuations in oil prices caused us a problem in achieving revenues,” calling on “the finance committee to help the ministry with regard to the problem of non-oil revenues with the regional government, as it has not handed over its oil revenues to the state treasury since the Federal Court’s decision to pay the salaries of Kurdistan employees.”

She added, “The salaries of the region’s employees are estimated at 13 trillion dinars, as all that the Kurdistan Regional Government has paid is 320 billion dinars from its non-oil revenues.”

She pointed out that "financial allocations for the ration card and the food basket were secured, sufficient for the next six months, and that the improvement in oil prices was naturally reflected in the financing, as we will release today more than 400 billion dinars from the governorates' allocations." https://www.mawazin.net/Details.aspx?jimare=255947

Q & A WITH MARKZ, 15 OCT

 Q & A WITH MARKZ

Member: Question about rates: is the rate at the redemption centers THE rate? Or could it float up if we wait? Or down if we don’t get in on time?

Member: RC rate is better than Forex rate. Remember, 'A bird in the hand is worth 2 in the bush'. imo.

Member: RV Intel? Bond holders?

MZ: I am still not seeing any activity on Asian bonds. Everything that I am hearing and seeing this week and last week has been on the German bonds. There were a couple meetings last night and there are bond holders who keep saying that absolutely this is our week. 


MZ: I have facilitators saying “They are telling us this is our week…..that everything is complete…but have not seen much yet. They are waiting on the final “GO” to distribute the funds to the holders. 

MZ: The bond holders seem more hopeful than the facilitators that this is our week. I was hoping to have more news than that this week. 

TIDBITS FROM MARKZ: "IRAQ IS PREPARING FOR THE ASCENSION TO THE WTO" @DI...

Currency Auction Likely To Be Cancelled In Response To International Pressure To Combat Financial Smuggling, 15 OCT

 Currency Auction Likely To Be Cancelled In Response To International Pressure To Combat Financial Smuggling

October 14, 2024  Baghdad/Al-Masala: As part of the efforts made to reform the financial and economic system in Iraq, the Central Bank is moving towards canceling the currency auction, in response to international pressures aimed at regulating the circulation of the dollar and reducing illicit flows.

At the same time, the digital banking sector faces challenges related to the lack of legal legislation regulating its work, in light of the growth of this financial technology. In addition, there is increasing oversight of the real estate and gold markets to prevent money laundering operations, with the imposition of new mechanisms that limit suspicious transactions in this field.


Financial analyst Safaa Al-Shammari said that the Central Bank of Iraq is moving towards implementing a decision to cancel the currency auction, noting that these measures come in response to international pressure and strict negotiations. Al-Shammari also highlighted the need to develop the legislative framework for digital banks, which have begun to emerge without sufficient legal oversight.

Speaking on a TV show, Al-Shammari explained that “the Central Bank of Iraq will work to stop the currency auction as part of its commitment to the conditions imposed at the New York meeting,” adding that “the United States refuses for the dollar to reach entities subject to sanctions, which affects unofficial import operations, especially from Iran and Syria.”

Regarding digital banks, Al-Shammari stressed the urgent need for legal legislation to regulate the work of these new financial institutions, pointing out that there is a digital bank in the Kurdistan Region that has not obtained a license from the Central Bank. He also pointed to tightening control over the real estate market to combat money laundering, adding that “the gold trade has also come under strict control to prevent any violations.”

Tightening control over the real estate market to prevent money laundering requires a set of regulatory and supervisory measures in coordination between financial and banking bodies and legal entities.

These measures include imposing financial limits on real estate transactions that require additional monitoring, such that any purchase or sale exceeding a certain amount is subject to intensive financial investigations to ensure the legitimacy of the source of the funds.

Buyers and sellers must also be required to provide documents proving the source of funds used in transactions, and here banks play an important role in examining financial accounts and detecting suspicious transfers.

Analysts say it is essential to create a national database for all major real estate transactions to track financial movements related to real estate, making it easier to detect unusual patterns that may indicate money laundering. Cooperation between banks and regulatory bodies should also be enhanced, with banks monitoring accounts and financial transactions related to real estate transactions and reporting any suspicious activity to the relevant authorities.

In addition, strict laws are required to require parties involved in the real estate market to disclose the identity of the beneficial owner of a real estate transaction to track down parties that may seek to hide illicit funds.

The analysis indicated that international asset auditing is also important to ensure transparency of foreign investors’ investments and cross-border transactions. Banks play a pivotal role in combating money laundering by examining financial transactions related to real estate deals and verifying the sources of large amounts of money used in purchases.  https://almasalah.com/archives/103271

WHEN IRAQ ANNOUNCE THE OFFICIAL WTO ASCENSION WE WILL SEE A PUBLIC RATE BY MARKZ, 15 OCT

Q & A WITH MARKZ

Member: If there is an announcement this week that Iraq has ascended to full-membership in the WTF, does that mean the new IDQ rate is public?

MZ: Most likely when they announce the official WTO ascension we will see a public rate….imo

Member: The WTO needs the rate, we don’t need the WTO.

Member: Yesterday Frank 26 said Iraqi emoloyees would not get paid on the new rate this pay period but will next pay period. I wonder -How long is a pay period in Iraq?

Coffee with MarkZ. 10/15/2024


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: Good Morning - is this another Groundhog day or could this be it?

Member: My two week notice is typed up and ready to hit ”send” 

Member: What good news do you have for us today Mark?

MZ:  From Iraq” Parliamentary calls to oblige the Iraqi government to cancel the privileges granted to Jordan”  They are saying they give Jordan all this preferential treatment but don’t get much back. May need to re-negotiate this…….Why is this important?  Jordan is mostly in Americas pocket…so watching Iraq step back from it …saying if it’s not good for trade they are not going to do it just to make America happy….Iraq is standing on its own two feet. 

MZ: “The US Senate enters the line of pressure on the Central Bank of Iraq”  We keep reading articles on how well Iraq is doing cleaning up corruption. But 2 senators are concerned about untraceable wire transfers from banks….Are they going to Iran?   That is the question …If it is …it may be why we have not gone yet. 

Member: or is it going to line the pockets of crooked politicians? Very suspicious.

MZ: “The recovery department signs a cooperation agreement with the Arab and International Police Directorate” This is to work with international policing operatives to recover any money stolen from the Iraqi government. 

MZ: “ The launch of the activities of the International Scientific conference under the slogan “Development financial and economic stability to restore confidence in the dinar”  This seems to be the number one goal in the government right now….to restore the confidence in the dinar so that when they change the value-people have faith in it and use the dinar instead of the dollar. 

MZ: yes we want it faster….but I think we are about to get it. 

MZ: “Coordination with the World Bank for projects”  Pretty much everybody except the US and the federal Reserve is banking on Iraq’s WTO ascension and the increase in value of the dinar. The world bank is one of those and they are working with Iraq on larger infrastructure projects. Iraq is not staying in the background for much longer. 

Member: If there is an announcement this week that Iraq has ascended to full-membership in the WTF, does that mean the new IDQ rate is public

MZ: Most likely when they announce the official WTO ascension we will see a public rate….imo

Member: The WTO needs the rate, we don’t need the WTO.

Member: Yesterday Frank 26 said Iraqi emoloyees would not get paid on the new rate this pay period but will next pay period. I wonder -How long is a pay period in Iraq??

Member: Makes sense, as salaries are normally paid in arrears, not in advance. Inference, rate change should be imminent. imo.

Member: Question about rates: is the rate at the redemption centers THE rate? Or could it float up if we wait? Or down if we don’t get in on time?

Member: RC rate is better than Forex rate. Remember, 'A bird in the hand is worth 2 in the bush'. imo.

Member: RV Intel? Bond holders?

MZ: I am still not seeing any activity on Asian bonds. Everything that I am hearing and seeing this week and last week has been on the German bonds. There were a couple meetings last night and there are bond holders who keep saying that absolutely this is our week. 


MZ: I have facilitators saying “They are telling us this is our week…..that everything is complete…but have not seen much yet. They are waiting on the final “GO” to distribute the funds to the holders. 

MZ: The bond holders seem more hopeful than the facilitators that this is our week. I was hoping to have more news than that this week. 

Member: Maybe the facilitators are skeptical of the “Boy who cried wolf” and rightly so. 

Member: I heard years ago when 30% of the bonds are done…then we get our notifications….hope that still is true. 

Member: Are the German bonds the proverbial lynchpin of the bonds?

MZ: I believe the German bonds and the Iraqi Dinar are the lynchpins of this thing….the cornerstones of the entire reset tight now.  The two key things we are watching is the German bonds and the Iraqi dinar right now 

Member: I heard a rumor that the new rate should be on FOREX tonight before they electronically pay the contracts tomorrow

Member: DOW is down .62% this morning

Member: Let’s talk about the up coming BRICS meeting this month and its implications

Member: What about the Chinese elders demanding perp walks before they will put up the gold for RV

Member: Sure is a lot happening…we have to hope releasing the RV/reset is one of them 

Member: Getting off the roller coaster… planning on RV after inauguration. Maybe I’ll be pleasantly surprised.

Member: My vacation starts in 2 days It would be a great time to head to the bank! Wouldn’t have to ever go “back to work”

Member: If the "whitehats" are in control, I wish they would just show it! We're all tired.

Member: Thanks Mark and Mods for all the time you spend keeping us encouraged……have a great day. 

Member: Happy Birthday to all celebrating all your RV dreams comes thru this week

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

Evening News with MarkZ. 10/14/2024


Monday Evening Chat With MarkZ

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: Good Evening mark, mods and members

Member: Are you surprised Mark that it hasn’t gone? Seems odd.

Member: I really thought we would’ve seen it by now

MZ: Let’s start with this one from the WTO: “Congratulations to 23 participants (Iraq being one of those) for completing WTO ascension training and market access negotiations on goods” This tells us Iraq is preparing for that ascension.

MZ: I continue to hear out of Iraq that they hope for that announcement this week.    

MZ: “Government advisor: “The financial life of this country in 2024 is going smoothly” Things are going well

MZ: “Parliamentary finance: 2025 budget tables must be realistic” They are reining in excess spending and bringing in more revenues.

MZ: Still waiting for a response on Bonds. Bond folks were supposed to be getting a solid update today on if they are getting paid this week or not. I will let you know when I get that answer.

Member: German Bonds?

Member: All the news I am waiting for right now are on the German bonds. Things are very quiet on Chinese bonds.

MZ:  I do know of a group trying to get boxes of Zim notes processed. These are like ours but boxed in sequential order. They want to get them processed before next week because they expect those to go within a week after the German bonds. I think there are 1,000 100T notes per box.

Mark…is the skyrocketing of the market a sign of it crashing soon??

​​Member: My local Wells Fargo said they have tried to find out if they were a RC (Redemption Center) since they’ve been asked a lot lately. “Its like they don’t want us to know” they said they got no answer

Member: We got some good BRICS news coming out today of local currencies and them coming to a solid agreement…

Member: Read an article that said Cuba applied to join BRICS

Member: Also Austria applied…..wish we could join

Member: What is a s**t gun start? I thought it was Bond holders, 4a and 4b goes at once

Member: Shotgun start is they all go when we get notifications to make our appointments ……our exchange will be close behind

Member: Thank you, Mark! Thank you, Mods! Have a great evening, Patriots!

Member: Be blessed

​​INTEL INFO ROOM: Link: https://t.me/+K_GNVfTI0gFkZWYxDESCRIP…A room for newcomers to find information and answer your questions regarding the RV process.

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

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Finance: Automation Plays A Vital Role In Reducing Financial And Administrative Corruption, 15 OCT

 Finance: Automation Plays A Vital Role In Reducing Financial And Administrative Corruption

Local | 06:24 - 10/14/2024  Mawazine News – Baghdad  Finance Minister Taif Sami confirmed on Monday that automation plays a vital role in reducing corruption and financial loss.

The ministry said in a statement received by Mawazine News that "Finance Minister Taif Sami met with the Strategic Planning and Federal Service Committee, and important issues related to following up on the government program implemented in the various formations of the ministry were discussed, in addition to following up on mechanisms for developing institutional 

performance and activating automation systems in sectors related to the ministry's work and developing banking work in accordance with the comprehensive banking system and applying it in all banks in a way that ensures simplifying account opening procedures as well as transfer operations, and represents a step towards moving from paper transactions to electronic ones to provide the best services to citizens."


The statement added that "Sami reviewed during the meeting the measures taken to improve the efficiency of work at customs ports, enhance revenues and facilitate the movement of goods," noting that "automation plays a vital role in reducing corruption and reducing financial loss, in addition to the electronic payment system (pos) as a step to accelerate the completion of transactions, reduce financial and administrative corruption, save a lot of time and effort, and implement the unified treasury account project, which represents a qualitative leap in the management of public funds in order to keep pace with financial and economic progress."

Sami continued, according to the statement, that "the ministry has reached advanced stages in automating taxes in coordination with the Supreme Committee for Tax Reform, which ensures improving efficiency, reducing errors, enhancing transparency and ensuring tax compliance, which has contributed to increasing government revenues and improving services provided to citizens."

The statement added that "the retirement sector and the most important steps taken to facilitate and simplify salary disbursement procedures and ensure the provision of services in a faster and more transparent manner were highlighted," indicating that "the Minister called on the advanced cadres to implement the remaining reforms in accordance with the government program to improve administrative and financial performance in federal institutions," adding that "the meeting addressed the aspect of combating corruption, as the Ministry has made great strides in this aspect through the use of modern methods, systems and advanced electronic programs to reduce this scourge."

He pointed out that "the mechanisms for developing human cadres in various sectors were addressed, by providing the necessary training and qualification to enhance the capabilities of employees and achieve the highest levels of performance."

The Minister of Finance stressed "the importance of cooperation between government agencies to ensure the achievement of national goals and drive economic and social development."

For her part, the head of the Parliamentary Planning Committee praised "the Ministry's performance in implementing the paragraphs of the government program and its great role in developing the financial sector and maximizing budget revenues through advanced and modern programs."

The meeting was attended by the head and members of the Sovereign Strategic Planning Committee, the Undersecretary of the Ministry of Finance and the general managers of all the Ministry's formations," according to the statement.   https://www.mawazin.net/Details.aspx?jimare=255974


" IRAQ IS UP NEXT TO SWING" BY ARIEL, 15 OCT

 Ariel

@Prolotario1

Hot Off The Press

Money
Freedom
Sovereignty

Iraq is up next to swing. Who’s ready to cash out?

Listen, I will dedicated an entire thread for all my followers who have IQD. And you all can upload all the new things you either bought or invested in. We will have our own hashtag. #IQDRich4Eva

MILITIAMAN: Iraq Dinar Update-#iqdnewsupdate-#iraqicurrency-Attention to Valuation-R...

Parliamentary Economy Committee Discusses With The Central Bank Of Iraq The Reality Of Banks And The Problems Facing The Sector, 15 OCT

Parliamentary Economy Committee Discusses With The Central Bank Of Iraq The Reality Of Banks And The Problems Facing The Sector

Banks

Economy News – Baghdad  The Economy, Industry and Trade Committee, headed by MP Ahmed Salim Al-Kanani, discussed today, Monday, with the Director General of Investment and the Director General of Banks at the Central Bank, the problems facing the banking sector in Iraq.

The media department of the House of Representatives stated in a statement received by "Al-Eqtisad News" that "the Economy, Industry and Trade Committee, headed by MP Ahmed Salim Al-Kanani and attended by its members, hosted the Director General of Investment and the Director General of Banks at the Central Bank."

During the meeting, the reality of banks, the most prominent problems facing the Iraqi banking sector, and ways to find effective solutions to them were discussed. 143 viewsAdded 10/14/2024   https://economy-news.net/content.php?id=48699


INFO ABOUT YOUR QFS ACCOUNT, 15 OCT

 Your QFS Account:

  • DO NOT fall for someone saying they will set up your QFS Account so you can access money in it. All they are doing is collecting your personal information so THEY can steal your money.
  • Everyone already has their own QFS account set up, and it contains all of your personal data and your DNA. THERE IS NOTHING TO SET UP!!!
  • All of us have money that is ours in these accounts.  This is money you’ve earned throughout your life. The money from your birth certificate is already deposited into that account, as well as payments for loans you’ve requested, student loans, mortgages, etc. You don’t need Zim Bonds or Dinars to set up a QFS Account.
  • After everyone has exchanged, the general public will be called, summoned to the redemption center, given a QFS card, and will be able to use their money.
  • At some point we will have to sign a non-disclosure agreement (NDA) and won’t be able to speak about this topic.
SOURCE: DINARCHRONICLES

Before the vote… Washington moves its agendas to prevent the approval of the personal status law, 22 NOV

  Before the vote… Washington moves its agendas to prevent the approval of the personal status law A member of the popular motion of the for...