Are they celebrating the distribution of the lower notes to the Iraqi banks in order to introduce them to the Iraqi citizens? (imo)
“His Excellency stressed that we have previously directed a special celebration for the issuance staff and safes, which comes in appreciation of their great efforts in the process of SORTING, PRINTING and ISSUING currency and other basic work tasks.” 12/26/24
*previously mentioned-next step in the plan is for the CBI to introduce the new lower notes to their citizens
CBI can We international investors along with the Iraqi citizens celebrate with you’ll & pop these champagne bottles already. We are READY!!! 🍾🍾🍾🍾🍾🍾
Parliamentary Finance: Digital financial transformation will eliminate corruption and money laundering
12/24/2024 Baghdad - WAA - Wissam Al-Mulla
The Parliamentary Finance Committee confirmed, on Friday, that the digital financial transformation will eliminate corruption and money laundering.
The head of the committee, Atwan Al-Atwani, said in a statement to the Iraqi News Agency (INA), "The digital transformation in the financial aspect has become essential and very important to achieve a qualitative shift in sustainable development, and through applications it is possible to provide many job opportunities and provide cash liquidity to the Ministry of Finance."
He added that "banking needs a qualitative shift, considering that digital transformation eliminates corruption and gets rid of money laundering," explaining that "digital transformation is not a luxury, but rather essential to keep pace with the global development that is proceeding rapidly in this field."
During the fourth annual international scientific conference, entitled (Digital Financial Services - Challenges of Reality and Future Foresight), which was organized last Tuesday, the Ministry of Finance announced that it has made great strides in digital transformation and electronic payment, while indicating that progress has been made in the field of automating customs procedures to ensure financial sustainability and economic diversification. LINK
Question: "Rumor is that the dinar has RV'd. Have you anything to say about those rumors?"
Kaperoni: Currencies of a country are not some lottery ticket.
They represent a country, and if a currency is ever going to go up in value, it will be based on the success and economic growth of that country.
Iraq is trying to rebuild their country and diversify their economy. Iraq has made a lot of progress over the years rebuilding, but still has a ways to go.
If Iraq can create a market economy, and diversify away from oil, we may see some improvement in the value gradually as a result. But there is no significant RV like the gurus talk about.
The Central Bank of Iraq honors the members of the Issuance and Treasury Department on their career day
December 26, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, sponsored the first annual celebration for the employees of the issuance and treasuries in the bank and its branches.
The ceremony witnessed the honoring of the employees who won a symbolic shield in appreciation of their distinguished efforts, by the Governor, the Deputy, the Director of the Issuance and Treasury Department, and the branch managers.
His Excellency the Governor praised, during a speech on the sidelines of the celebration, the contributions of all employees of the Central Bank of Iraq, especially the employees of the Issuance and Treasury Department, whose work nature and positions differ from other departments and sections.
His Excellency stressed that we had previously directed to hold a special celebration for the employees of the issuance and treasuries, and this comes in appreciation of their great efforts in the process of sorting, printing, and issuing currency and other basic tasks of their work.
Central Bank of Iraq Media Office December 26, 2024
FIREFLY: Television is talking about the discussion for adjustment to have a new exchange rate.Can you believe that Mr. Frank?
Every day they tell us they're going to give us a new exchange rate...You know why they're telling us they're going to give us a new exchange rate? They say since the auctions are stopping.
FRANK: Tell parliament to moooove over...The cash cow is coming to an end...It's coming, that's all there is to it.
The head of the Popular Mobilization Commission, Faleh Al-Fayyad, spoke about the conditions of arming the crowd, as well as the fact that the latter does not touch any real threat at the moment, in conjunction with what is happening in Syria.
This came in his speech during the launch of the central memorial forum on the anniversary of the killing of the leaders of victory in Diyala, where he said that the goal of defending the homeland is to defend religion, sanctities and people and prevent injustice, as “the crowd defended the homeland and was pioneers in spreading the spirit of victory and jihad.”
Al-Fayyad added: “We do not care who is suspicious and doubt, and we are under the command of joint operations and the general command of the armed forces,” noting: “We are fully prepared to face any danger and we are not currently facing any real threat.”
Al-Fayyad said that the crowd was built under fire away from the classical cadres, noting that “the readiness for sacrifice is the secret of the strength of the popular mobilization.”
Al-Fayyad considered that “the conditions of arming the popular crowd are very difficult and now we have creative manufacturing lines with the Military Industrialization Authority.”
Al-Fayyad explained: “We are working to possess a weapon that enables us to defend the homeland and not fight battles in other countries,” as “the popular crowd is more than a quarter of a million fighters.”
Al-Fayyad claimed that “all the Iraqi people feel that the Popular Mobilization is their crowd.”
The International Development Bank announced on Thursday .
🔥the introduction of the electronic payment mechanism for entertainment services.🔥
The bank's management said in a statement received by the Iraqi News Agency (WAA): "the bank has entered into a strategic partnership with the 1001 application, which represents a new step towards achieving a common vision in enhancing support for young people by providing a recreational service and an integrated social experience through the use of electronic payment tools and the bank's cards."
She added that "this came with the direct support and utmost importance from the Chairman of the Board of Directors of the International Development Bank Ziad Khalaf; in order to encourage the use of legal digital content inside Iraq, which contains a comprehensive store for the Iraqi public.
This contract also contributes to promoting digital entertainment and participation among young people in supporting sports culture and the use of payment through electronic cards."
She stated, "Through this partnership, we seek to provide direct access to the digital, diverse and comprehensive content of the libraries of T0D / 1001 / bein sport / OSN+ / lalega / Spanish League, the English Premier League, the Euro Champions League, the German League, the Formula 1 race, the NBA / Basketball League / and tennis championships," she said, explaining that "this partnership is a true reflection of our common values in promoting
The electronic payment in Iraq got introduced yesterday so people can use their banking cards…. Even for entertainment.
And if they wanted to purchase these TV channels membership …. they have to pay online which requires 🔥FOREX RATE🔥
Uncertainty over the 2025 budget.. Parliament: We don't know anything about it yet
Baghdad Today – Baghdad Member of Parliament Ahmed Al-Sharmani explained today, Thursday (December 26, 2024), that Parliament does not know anything about the 2025 budget schedules, suggesting that the government is deliberately delaying sending it.
Al-Sharmani said in an interview with "Baghdad Today", "According to the Financial Management Law, the budget or its schedules must reach the House of Representatives at the end of the month (10) of each year, and any delay in doing so is considered a legal violation, especially since this violation has been repeated for many years."
He explained that "the 2025 budget tables are not known to the House of Representatives so far, and the delay in sending them is a violation, and there is no specific date for sending those tables."
Al-Sharmani added, "Perhaps the government will link sending the tables with amending the law proposed in Parliament, and this will delay sending the tables for a long time due to disagreements over the origin of the amendment."
MP Jawad Al-Yassari confirmed on December 19, 2024, that political differences over amending the budget law will delay voting on the 2025 budget schedules, indicating that “the Iraqi government is waiting for Parliament to amend the budget law, so that it can send it the schedules for 2025 according to the amendments.”
It is noteworthy that Member of Parliament Mustafa Al-Karaawi announced on December 8, 2024, the postponement of the second reading of the amendment to the General Budget Law until after the legislative holiday. LINK
We were told to look for it even today but then at Noon and we’d still not heard so Bruce thought so we’d be pushed to the weekend – but we did hear from a group that is part of the release and they said the release is coming Very Shortly and that means a couple of days- hold onto your britches Here it Comes.
So Bruce thinks and since then and these people were highest of the high - so we are looking for Treasury and WF to release this over the weekend and Bruce believes we will get this tomorrow or Saturday and start exchanges right away and Sunday RC will be open –
and if we start tomorrow we’ll got right through including Monday and starting shifts at 9am in the morning and you’ll have two to four people seeing and attending to you at that very table and of course all your need is your ID –
but Bruce was told we might not need the Utility Bill. So when all your Bonds and currency are checked they will offer you the contract rate for Iraq and that’s the per barrel price of oil and roughly Bruce does know the rate but it does fluctuate a little up and down.
But this is a Win win win. Once they do that you’ll know your total and set up then your QFS account with your username and password and five digit password and you will need a new email as well -
so get that all in hand prior to the exchange so you have that ready. So when you move money make sure you have what you need for 60 days an if you want to earn interest you can do that with your bank and you can negotiate that rate and APY Annual Percentage Yearly – QFS earns nothing
- so in the primary and secondary account it will earn interest and Bruce wants his quarterly. (Which is a good idea to ask for) so you will have to use money over that first 90 days personally and with your projects. And sub-accounts if you need them will also have to be set up at later meetings with your WM.
Credit/debit card given you at the exchange will have all the financial abilities you will need for regular use – NEVER EVER USE THE QFS CARD. Only for transfer of funds to those other bank accounts. So now you have funds moved and they should also have some of the new currency available – and you will get the on par rate for the Zim and also a good rate for the Dong.
After you get funds moved and you get the cards - forget the certified cheques, you maybe able to get some proof of fund letters to buy homes etc., with for RE companies, you really have to just be there to do this exchange and then leave
- but you might get a list of perks - but you will get a Qphone - on the Starlink system, Bruce doesn’t know how it works and it may also incorporate cell towers and work anywhere in the world.
Basically you get the phone last and then you are out and on your way home. Just go home to Celebrate – just don’t do stupid things and go easy but generous enough with tips – be as Bruce just said on the “Downlow” KISSweetheart - this really will go quickly and easily at the RC’s and might just take 30 or 40 mins and if you have boxes and sheet bonds do remember to tell them when you make that exchange call.
Bruce saying he doesn’t know about the R&R but it is supposed to be there in the first ten days of January – either way Bruce doesn’t care but even the SS increase should be in the first 10 days of Jan – Bruce saying when you call in you’ll give them your name and tell them your postcode and then that’s it and you’ll be connected to someone in that zipcode you may or may not get a confirmation email.
Don’t get there more than ten minutes early - and Bruce even saying they don’t need receipts and /or photocopies of your currency. And that they really do know who you are. Remember this the only reason to register with the Big Call is so we can keep in touch with you post RV.
Policy Al-Ekti: There Is No Real Will To Pass The Oil And Gas Law
Information/Baghdad... On Friday, the member of the Patriotic Union of Kurdistan, Burhan Sheikh Raouf, confirmed that there is no real will to pass the oil and gas law and legislate it in parliament, despite the existence of an agreement in the State Administration Coalition to legislate it within 9 months of the beginning of Al-Sudani’s rule.
Sheikh Raouf told Al-Maalouma, "The Patriotic Union of Kurdistan seeks and stands by resolving all the problems between Baghdad and Erbil and passing the oil and gas law by the House of Representatives."
He added, "There is a need for an oil and gas law and finding solutions to the oil problems between Baghdad and Erbil according to the legal and constitutional frameworks and in cooperation and coordination between the federal and Kurdish governments."
He explained that "the delay in approving the oil and gas law is due to the lack of a real will to legislate it, despite the existence of an agreement within the State Administration Coalition to pass this law within 9 months of the formation of Al-Sudani's government, but the situation did not proceed as agreed upon." End 25N LINK
Member: there are a lot of rumors floating around.
MZ: As for rumors- they are definitely out there. I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within days….. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited.
MZ: “Iraqi Dinar falls a week before dollar selling platform closes”
So auctions have not yet closed…but seems people are starting to panic. Many believe though that the dinar rate will increase to become more than a dollar …so they need to get through a little turbulence on the dinar RV stream
MZ: “Within days: business confused with the dollar exchange rates expected to rise in parallel market” Businesses are trying to figure out how to price things. The government created a committee to address how to reprice things for sudden value changes.
MZ: “Calls for Re-Evaluation on the cost of oil production in Kurdistan under the supervision of an international audit firm” Finally on the HCL….they are bringing an outside audit firm to determine the actual price of getting oil out. This has been a major sticking point keeping HCL from being settled. This should speed things up.
Foreign Policy: Demographic Gift Will Make Iraq A “Global Economic Power” With Washington’s Help
Translated reports |Today Baghdad Today – Translation The American newspaper Foreign Policy, which is close to the White House, published a report today, Friday, December 27, 2024, on the population census prepared by the Iraqi government, stressing that the results of the census must be respected by all political parties in Iraq to prevent "dire consequences" and pave the way for "huge investment."
The newspaper said, according to what was translated by "Baghdad Today", that Iraq, which is now enjoying a "demographic gift" as a result of the high percentage of youth among its population, which has reached sixty percent, must invest properly by implementing plans and making decisions that improve the Iraqi economy and raise "investment and entrepreneurship rates and integrate the young workforce into the private sector through government initiatives that guarantee investment," according to its description.
She continued, "The United States must help the Iraqi government to exploit the demographic gift correctly and achieve appropriate economic investment in it to prevent the severe damage that Iraq will be exposed to, and consequently the United States and its interests in the country, if it fails to do so," noting that failure to invest the demographic gift correctly will lead to "high rates of unemployment, crime, and political and security instability."
The network also confirmed that Iraq would be a "huge regional and international economic power if it exploited its demographic gift as East Asian countries did, achieving what was known at the time as their economic miracle during the nineties by exploiting the youth and their high percentages in society."
The Foreign Policy report concluded by stressing that the Iraqi government, along with Washington, must ensure that Baghdad succeeds in exploiting its demographic gift during the coming period, stressing that the real test of the Iraqi government and regime’s ability to lead the country in a correct manner that guarantees continued international support will be after the announcement of the final results of the census expected during the next month.
On November 20 and 21, 2024, Iraq conducted a comprehensive population and housing census, including the Kurdistan Region, the first since 1987.
The Iraqi government announced the preliminary results of the census on the 25th of last month, where the population of Iraq reached more than 45 million people, including foreigners and refugees, and the percentage of the population of working age (15-64 years) reached 60.2%, so that Iraq has entered the demographic gift stage with the percentage of the population of working age reaching 60%. LINK
who are anticipating the inevitable. Because based on this info below the CBI knows it is running out of time. These exchange companies are running against the clock.
They keep worrying about what Majeed is saying on X because they are trying to hide how much the salaries are by not disclosing the amount being paid to workers because people will figure out what the rate is.
And that will probably force their hands before they are ready to pull the trigger because they know that speculation will spike and citizens will go into a frenzy. And they are trying to control this by reducing exposure.
This is why they set up certain policies for citizens who attempt to take more Dinar than what they need out of the country to prevent them from taking advantage of the new exchange rate. Now they are scrambling.
I suggest you all prepare for this event by making sure you have all your currency in order. Making the neccessary phone calls to set up appointments. And other things you deem important to ensure things go smooth for you.
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BROTHERS TECHNOLOGY INC
@BROTHERSTE27892
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IN ORDER TO SPEED UP THE INTEGRATION PROCESS, MEANING INTEGRATION TO THE NEW DIGITAL SYSTEM. How Long Will It Take to fill out the proper paperwork when it will be submitted electronically. People WE’RE REALLY CLOSE…… At any moment
