"ERNST & YOUNG PLAYS AN IMPORTANT PART IN THE MONETARY REFORM WITH ALL IRAQI BANKS" BY FRANK26, 20 OCT

KTFA

FRANK26:  "ERNST & YOUNG PLAYS AN IMPORTANT PART IN THE MONETARY REFORM WITH ALL IRAQI BANKS".......F26

Starting from Rafidain Bank.. Al-Sudani stresses the importance of the banking sector reform project

10/17/2024

Baghdad
 

Prime Minister Mohammed Shia Al-Sudani stressed the importance of banking reform in enhancing citizen confidence and cooperation with local and foreign investors.

The Prime Minister's media office stated in a statement received by "Al-Eqtisad News" that "Al-Sudani chaired a special meeting on efforts related to developing the work of the government banking sector, in the presence of representatives of Ernst & Young for auditing and financial consulting."

During the meeting, "a package of recommendations was presented by the company to proceed with the reform of Rafidain Bank, which included the new legal status of Rafidain Bank, its capital, its work strategy, and the new consultant who will work with the bank to meet the global requirements for modern banking. These recommendations will be presented to the Ministerial Council for the Economy, which will then submit them to the Council of Ministers for approval."

He explained that "the subject of restructuring Rafidain Bank is the first step in the government's banking reforms, which have been given special attention to follow up on all reports related to it, submitted by the relevant authorities, especially by the committee concerned with the restructuring process."

The Prime Minister stressed "the importance of the banking sector reform project, which began with Rafidain Bank, pointing out the work to provide a bank with specifications and standards through which problems can be overcome and confidence given to citizens, in addition to enhancing cooperation with local and foreign investors."

LINK

TIDBITS FROM TNT, 20 OCT

 Fri. 18 Oct. 2024 TNT:

•  “Everything is a go. It’s going to be a super fantastic weekend. Some say by Sun. the 20th.
•  Some say by Sat. the 19th.  Some say tonight, Fri. night. They fully plan it this weekend.”

Is the Iraqi Dinar About to Explode in Value? | Iraqi Dinar News Today

"SUDANI & THE CBI PREPARE IRAQI BANKS TO INTRODUCE THE LOWER NOTES" BY FRANK26, 20 OCT

 KTFA

FRANK26: "SUDANI & THE CBI PREPARE IRAQI BANKS TO INTRODUCE THE LOWER NOTES"......F26

Trade Bank of Iraq announces the imminent opening of Al-Saydiyah and Al-Samawah branches

 

 

10/17/2024

Baghdad - WAA

The Trade Bank of Iraq announced today, Thursday, the imminent opening of the Al-Saydiyah and Al-Samawah branches.

The bank's media advisor, Aqil Al-Shuwaili, said in a statement to the Iraqi News Agency (INA): "Based on the directives of Prime Minister Mohammed Shia Al-Sudani to provide the best services to citizens, we announce the imminent opening of the Al-Saydiyah and Samawah branches."

He added, "This will provide the best services to customers," noting that "it will contribute to reducing the momentum of cash deposits and opening corporate accounts at its branches."

LINK

RV UPDATE BY WOLVERINE, 20 OCT

 Fri. 18 Oct. 2024 Wolverine:

• We received intel saying things started. The green light was given in Zurich as sovereign whales are advancing rapidly and some receiving payment.

• Last night I got intel that someone got paid from a close contact of mine. Things are actually moving forward in that side of the world.

• Also hearing things in Reno as well.

• We are expecting things to happen and blast off on Monday for our big D day in Reno. Bruce’s intel was in line with what we are hearing. 

• They are putting the codes in to be started. Some sort mechanism that needs to be put in to release this.

• The operative on the transfer of rights on historical items global recovery group, acting as representative of seller at the sovereign buyer level, statement on the status of asset recovery Friday Oct 18, 2024: We are pleased to inform you that we have achieved crucial milestone in our process. All sovereigns have given the green light for the official start, which implies the launch of the QFS as the payment vehicle system. This progress is a testament to our continued dedication and effort.

• The authorization of all sovereign marks the beginning of a new era in the management and release of payments QFS implementation: The QFS has been officially established as our payment system. This innovative system guarantees security, transparency and efficiency in all transactions.

• The new strong dollar on Nov 6: The USA will introduce the new strong dollar  which symbolizes the strength and stability of our economy.That came through a couple of hours ago.

• The USN has started digitally. They are already doing trading using USN, but the ones in the states will be the physical note. The commercial digital dollar is now being used as Swift system is gone.

• Reno is moving the money to Zurich paymasters so they will be ready to start Monday.

• There are reports that German bond holders are getting funds. Not known if funds are fiat or new USD. Holders are told to get their paperwork ready.

• One of the main intel providers who comes from the Latino community/Spanish speaking community, has basically signed off, and he said this will be his last audio. He knows we are in the final stages right now, so he has given us his “good bye” He is a great intel provider, the same way Bruce is. Take care guys we are nearly there. Wolverine

Iraqi Banks Go Global: Multi-Currency Transfers Now Live! #gold #news #...

"BECAUSE PAYMENT SCHEDULES ARE COMING" BY FRANK26, 20 OCT

 KTFA

FRANK26: "BECAUSE PAYMENT SCHEDULES ARE COMING".........F26

Today.. The Kurdistan government announces a list of September salaries

10/17/2024

 Erbil 

An informed government source confirmed that the Kurdistan Regional Government will announce, today, Thursday (October 17, 2024), a list of employee salaries for last September.

The source said in an interview with Baghdad Today, “The Ministry of Finance will announce in the coming hours a schedule of employee salaries worth 977 billion dinars, including the security forces, employees, retirees, and social care.”

He added, "The distribution schedule will continue for 3 days, and includes the disbursement of all ministries, starting with the Ministry of Health, then the Peshmerga, and the rest of the institutions in succession."

An informed source revealed, on Saturday (October 12, 2024), the date for disbursing salaries to employees in the Kurdistan Region for the month of September .

The source said in an interview with "Baghdad Today" that "there is a shortage in the amounts allocated for salaries that will arrive on Sunday from Baghdad to the account of the Ministry of Finance in the regional government."

He added, "The Kurdistan Ministry of Finance will issue a schedule of the salary list, and will most likely begin distribution next Tuesday, with distribution ending on Thursday, and continuing for three days, only two days before the Kurdistan Parliament elections."

He added, "The regional government will distribute September salaries a few days before the elections in response to internal pressures and also as an election propaganda ."

The Ministry of Finance in the Kurdistan Region announced last September that it had delivered the list of employees' salaries for the months of August and September, as requested by the Federal Ministry of Finance the last time, confirming that it was waiting to start sending the Salaries for the month of September to the region's employees, in conjunction with the start of the process of auditing the salary list .

LINK

HUTINGTON BANK, THE 1ST BANK IN THE USA TO START SELING THE DINAR AGAIN, 20 OCT

 

"IRAQ TELLS IRAN... I HAVE A DREAM. BY FRANK26, 20 OCT

 KTFA

FRANK26: "IRAQ TELLS IRAN... I HAVE A DREAM.".......F26 

This evening.. Baghdad hosts the first round of indirect talks between Washington and Tehran - Urgent

10/17/2024

 

 Baghdad

An informed political source reported today, Thursday (October 17, 2024), that the first round of indirect talks between Tehran and Washington will be held in Baghdad this evening. 

The source said in an interview with Baghdad Today, “The past hours have witnessed rapid movement to hold the first rounds of indirect talks between Tehran and Washington, mediated by high-level Iraqi elites, in an attempt to find hotlines between the two sides via Baghdad, to ensure the transmission of messages and avoid further tension in the Middle East, especially with Israeli threats to target Iranian depth."

He pointed out that "the American side is ready to hold this round, but it is waiting for the green light from the Iranian side," indicating that "both parties the sensitivity of the situation, and that holding these talks realize, even indirectly, "may lead to mutual steps to ease tensions and try to prevent things from slipping into a comprehensive war."

The source explained that "there is a belief that a comprehensive war with Iran will make all American interests in the Middle East vulnerable to targeting, which prompts the United States' allies, including the Gulf states, to support avoiding any comprehensive war, given the chaos it could cause that extends beyond the borders of a specific country."

He stressed that "Baghdad is playing an important role in trying to create limited understandings on some points to avoid any dark scenarios that might affect the entire region," noting that "the first round of talks  between Tehran and Washington will be held in Baghdad this evening."

An informed source revealed yesterday, Wednesday, that the White House has adopted a hotline with its embassy in Baghdad in preparation for indirect negotiations with Tehran.

LINK