Friday, July 4, 2025
Statistics: A Slight Decrease In Iraq's Domestic Public Debt.
Statistics: A Slight Decrease In Iraq's Domestic Public Debt.
Economy | 03/07/2025 Mawazine News - Baghdad - The Central Bank of Iraq announced, on Thursday, a slight decrease in the domestic public debt at the end of April 2025.
The bank said in an official statistic reviewed by Mawazine News that "Iraq's domestic public debt decreased at the end of April of this year to reach 85 trillion and 503 billion Iraqi dinars, down from 85 trillion and 536 billion dinars in March."
The bank added that "the decrease was a result of the repayment of loans from financial institutions, which amounted to 19 trillion and 119 billion dollars, after it was 19 trillion and 152 billion dollars. "
He pointed out that "the remaining debts are owed by the Ministry of Finance, amounting to 756 billion dinars, and treasury transfer debts at the Central Bank and commercial banks, amounting to 51 trillion and 30 billion dinars, in addition to treasury transfers on the account of the Ministry of Finance amounting to 2 trillion and 30 billion dinars, and national term debts due to farmers amounting to 12 trillion and 568 billion dollars." https://www.mawazin.net/Details.aspx?jimare=263396
The Dollar Continues To Fall Against The Dinar In Baghdad.
The Dollar Continues To Fall Against The Dinar In Baghdad.
Economy | 10:40 - 03/07/2025 Mawazine News – Baghdad The US dollar exchange rate fell on Thursday morning in the markets of Baghdad and Erbil, the capital of the Kurdistan Region.
The dollar price fell on the Al-Kifah and Al-Harithiya stock exchanges to 141,100 Iraqi dinars for every $100, while yesterday, Wednesday, it recorded 141,350 dinars for every $100.
Selling prices fell in exchange shops in the local markets in Baghdad, where the selling price reached 142,000 Iraqi dinars for every $100, and the buying price reached 140,000 dinars for every $100. https://www.mawazin.net/Details.aspx?jimare=263394
MARKZ: They said they would be accepting that currency – they have the new rate - just waiting!!!
MarkZ
[via PDK]
Bank Story: A mate called Bendigo bank here in AUS and asked if they were exchanging international currency, they grabbed the manager and said “not yet”. Then asked if he was referring to VND, and he said yes. They said they would be accepting that currency – they have the new rate - just waiting. This is exciting stuff.
MarkZ: That is awesome. This is the second bank story I have heard on this in the last 2 days.
The US Treasury is pursuing corruption funds... and the Baghdad government remains silent.
The US Treasury is pursuing corruption funds... and the Baghdad government remains silent.
An Imminent Crisis in the Iraqi Financial Sector: Has the Phase of Comprehensive Sanctions Begun?
Iraq's financial system is facing new signs of turmoil after the disruption of salary payments through some electronic payment companies affiliated with government institutions. While the reasons for the disruption appear technical, informed sources confirm that the matter is linked to US investigations targeting Iraqi banks and companies suspected of involvement in money laundering operations abroad, to countries including Turkey, Iran, and the UAE.
The same sources explained that the US Treasury had granted a grace period to a number of private banks and electronic payment companies to rectify their status and comply with international standards for combating money laundering and terrorist financing, including the Financial Action Task Force (FATF) and Know Your Customer (KYC) requirements. However, many of these entities have not demonstrated sufficient seriousness in resolving their cases, opening the door to the inclusion of new names on US sanctions lists in the near future.
This situation threatens to directly disrupt the financial market's performance, especially if the sanctions affect active institutions relied upon to pay salaries and finance daily commercial activities. Experts expect liquidity within the market to be significantly affected, amid growing concerns about declining public confidence in local banks.
This is particularly true with the increased demand for dollars for external transfers or for storage in anticipation of any unexpected developments. This pressure could lead to a decline in the value of the Iraqi dinar and a rise in the dollar on the parallel market, which would impact the prices of goods and services in an already tense economic environment.
Meanwhile, regulatory authorities within Iraq , led by the Central Bank, are preparing to impose stricter oversight on the activities of banks and money transfer companies in an attempt to avoid further escalation. This is particularly true since some technical reports have revealed clear violations in the performance of some banking institutions, including massive financial transfers abroad without legal documentation, the issuance of credit cards to fictitious accounts, and suspicions of financing prohibited activities or smuggling hard currency.
Despite the bleak outlook, observers believe the crisis could mark a turning point in Iraq's financial reform process. It has become imperative to restructure the private banking sector and impose strict regulatory classifications, along with a comprehensive review of electronic payment companies to ensure their compliance with international standards, and to open the door to broader partnerships with globally licensed financial service providers.
In this context, the crisis may turn into an opportunity to reshape the financial market in Iraq, starting with cleansing the banking environment of unregulated entities and bolstering international institutions' confidence in the Iraqi transfer and oversight system. The shift toward a more transparent and governed environment is not a luxury, but rather a necessity imposed by both domestic realities and international pressures.
Iraq today stands at a critical crossroads: either integrate into the global financial system on its terms and ensure gradual stability in its banking sector, or continue sliding toward financial isolation, which will have direct repercussions for the lives of citizens and the country's economy as a whole. link
TEXAS SNAKE UPDATE
Texas Snake
July 3
Well folks Banker is under the belief he and all his counter parts will be notified at some point tomorrow on the 4th that they will receive a heads up as to when the notifications and 800 numbers will be released so he can have all his centers manned and ready to begin appointment scheduling for next week.
Will advise ASAP after I hear more.
7 9:19 PM
Government advisor: The government has succeeded in managing fiscal policy
Government advisor: The government has succeeded in managing fiscal policy
The Prime Minister's financial advisor, Mazhar Mohammed Salih, explained on Friday the reasons for the delay in submitting the budget schedules, while stressing that the government has succeeded in managing the country's financial and economic policy.
Saleh said, "The financial compass reading, which required the submission of the 2025 budget tables for legal approval under Article 77/Second of the Budget Law, was truly delayed for two fundamental reasons. The first was to await the amendment to the three-year general budget law regarding the value of the region's oil contracts and the costs of transporting its oil, which were not approved until last February. The other reason relates to the fluctuations that global energy markets were exposed to and the effects of global oil prices on the general budget, which also required rereading some financial constants and variables, whether revenues, expenditures, deficit financing and its sources, more than once due to international geopolitical and economic problems and the major issues that occurred in the global economy at a rapid pace, which led to the generation of volatile shocks in close periods of the current fiscal year, which necessitated hedging against external shocks."
He added that "all these factors led to the delay in submitting budget schedules to review some of its inputs and outputs," noting that "there is significant and ongoing cooperation between the legislative and executive authorities in monitoring and managing the country's financial affairs, with understanding, interaction, and optimization of great importance to ensuring the economic stability the country is experiencing."
Regarding the impact of delayed budget schedules on projects included in the investment section, Saleh pointed out that, “Based on the Federal General Budget Law No. 13 of 2023, the three-year budget, the federal financial policy was formed based on an approach called ‘fiscal space’, which gave it the high capacity to move dozens of approved and previously suspended strategic government projects forward into implementation.
This is what distinguished it with a highly active development wheel in implementing service projects that the country is witnessing without interruption, and its results have become tangible thanks to the success of the three-year budget, in addition to the major projects approved in the 2023 and 2024 budget schedules, which are currently ongoing without interruption.”
He stressed that “the state’s investment approach is proceeding in line with the sustainability of economic development and in accordance with the high positive results currently achieved in growth rates and the great economic stability that the country is witnessing, whether in terms of declining unemployment rates, increasing economic growth, and price stability, in an active and compatible trilogy achieved as a result of the success of the country’s financial and economic policy without interruption in the wheels of public spending, including the current year 2025.”
He continued, "As far as the rights and entitlements acquired in the operational aspect of the general budget are concerned, but have not been disbursed and are contingent upon the submission of the 2025 financial schedules, these are legally protected rights reserved for their beneficiaries and are not subject to statute of limitations. They are merely a matter of timing and will be disbursed upon the approval of these schedules or any adjustment that does not conflict with the law." link
FIREFLY: TV showing Iran will no longer have any influence on selecting or picking prime ministers in Iraq
Frank26
[Iraq boots-on-the-ground report]
FIREFLY:TV showing Iran will no longer have any influence on selecting or picking prime ministers in Iraq.
FRANK: You better believe Iran will no longer have any voice whatsoever in picking your prime minister. They're no longer in power in your country.
You have security and stability from them for the rest of your future as long as you have good leadership and your economy and your currency.
The Association of Private Banks to Nina: Iraq has made significant progress in promoting financial inclusion...and these are the requirements for the success of international standards.
The Association of Private Banks to Nina: Iraq has made significant progress in promoting financial inclusion...and these are the requirements for the success of international standards.
The Iraqi Private Banks Association confirmed: "Iraq has achieved significant progress in financial inclusion thanks to the Central Bank's commitment to implementing international standards."
The head of the association, Wadih Al-Handhal, said in a statement to the National Iraqi News Agency ( NINA ), that "the Central Bank of Iraq is moving forward in implementing compliance standards and enhancing financial inclusion in the banking sector, and the Banks Association also supports raising awareness of financial inclusion."
He explained that "the success of the basic requirements for implementing these standards and achieving advanced levels in combating money laundering depend on training specialized and qualified staff to use information and databases, based on the principle of knowing the customer and the sources of his funds."
He added: "The Middle East and North Africa Financial Action Task Force (MENAFATF) has transformed Iraq from a gray zone to a monitoring area, and this is true evidence that Iraq has achieved significant progress in enhancing financial inclusion and combating money laundering and terrorist financing," noting that "the need for legal legislation still exists, and we must move forward in training human cadres to keep pace with the rapid digital and technological transformation in the world."
Regarding the financial inclusion rates achieved by Iraq, Al-Handhal explained that, “according to international standards, the current financial inclusion rate in Iraq has exceeded 46% compared to previous years, which is a very significant progress with which we seek to achieve a rate of 90-95% in cooperation with the Central Bank in the near future. The Arab Monetary Fund is also very satisfied with this rate and is following the growth of the banking sector. It considers Iraq to be implementing financial inclusion through a sound mechanism that has contributed to Iraq’s progress in ranking ahead of other countries.” link
LATEST INTEL UPDATE
LATEST INTEL UPDATE
- Tues. 1 July 2025 Bruce: Large Sovereign multi-billion $ Bonds called Super Pachelli began paying out.
- The Iraqi Dinar has revalued again and the new rate was on the back screen of the Forex trading. 17 currencies were shown on the front screen of Redemption Centers, rates fluctuating in value.
- Tier4b (Us, the Internet Group) could be notified to set appointments by the weekend, but it may not be until next week Tues. or Wed. 9 July.
- Tues. 1 July 2025 MarkZ: Two bond people had exchange appointments today.
- Tues. 1 July 2025 Wolverine Latest Intel: “We are here. Everything is ready to go. God bless. Wolverine”
FRANK26: A phone call to refresh pockets: Al-Sudani calls Barzani, and an agreement is reached to release May salaries tomorrow
KTFA
FRANK26: A phone call to refresh pockets: Al-Sudani calls Barzani, and an agreement is reached to release May salaries tomorrow.
7/1/2025
- Baghdad
An informed source revealed, on Tuesday evening (July 1, 2025), that Prime Minister Mohammed Shia al-Sudani will hold a phone call with the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, within the next few hours, with the aim of putting the final touches on a financial agreement concerning the region's employees.
According to the source who told Baghdad Today, "The anticipated contact will culminate in an official understanding stipulating the release of May salaries for the region's employees, with the payments to be made tomorrow, after the Sudanese Prime Minister signs the decision directly."
He expected that "the financing will be done in the form of advances and financial transfers," based on Article (77) of the budget tables for the years 2023-2025.
This agreement is expected to help calm the tensions between Baghdad and Erbil and restore some confidence to the region's employees, who have long been awaiting payment.
Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25
Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25
Transcribed by WiserNow
Welcome everybody to the big call tonight. it’s Tuesday July 1st and you’re listening to the big call. Thanks for tuning in, everybody, and we’re looking forward to having a very good call again tonight. i hope everybody’s ready and tuned in and ready to go.
Okay, let us delve into the Intel portion of the call. Now I’ve got some things I’m going to share with you, as I always try to do, I’m trying to keep it in some form of an order, so I’ll tell you where we are and what’s happening.
There are bonds that are very large, multi billion dollar bonds, and those are known as Super Pacelli, obviously an Italian name super Pacelli. These super pacelles are paying out today and tomorrow. I think that’s going to be it for those super pacelles to pay out.
And these are being used to back up our transactions, to back up the monies that will be coming to pay us, as well as other other let’s call them sovereign bonds and monies that are coming from so called Sovereign accounts. And there are a number of these trusts, as you guys know, the Rodriguez Trust, the Saint Germain Trust. Those have already kicked out lots and lots of money in terms of one with a zero after it, they go 1520, 30, zero. Sometimes they’re a lot. They’re huge numbers that most of us couldn’t even pronounce but those accounts are being used to help fund what it is we’re going for
Now the thing that we’re looking at now is, where do we stand on the Iraqi dinar?
They were supposed to have revalued the currency again, I believe they did, and it’s at a decent rate on the screens, but it’s currently on the back screen of the Forex
Now, if all goes according to again tomorrow, that back screen IQD rate on the dinar will go and show itself on the front screen of the Forex.
If that happens that currency, the IQ D, or some call it NID new Iraqi dinar, is how it’s known sometimes the NID or IQD, Iraqi dinar will reflect on the front screens of the banks and redemption centers.
Now, today, we had approximately 17 currencies on the front screens of the redemption centers, and those were fluctuating in value as trading is continuing between various currency trading pairs. That’s happening, and that fluctuates.
And where, last week, we had nine currencies, and they were solid on the screen, today, we had about 17 currencies, and we think there could be as many as 24 that are actually going to appear when we go in for our exchanges.
So today, we heard 17 currencies, and we heard that they were on the screens, legible, but they were also using placeholder rates, in some cases, placeholders, not maybe the official rate that would be used for the time of exchange.
I explained earlier that the difference between the Zim, which does not have a contract rate, it has a simple one to one relationship with the USN, our new United States dollar is called USN for new I’m saying US and means US note, either way and USTN, United States Treasury note is what we’re calling the actual physical money, currency that will be in the bank drawers and in shrink wrapped packets at the redemption center for us to see and take home those new bills.
Those packets are in $500 increments, and we’ll take home a multiple of those probably not to exceed 5000 I think they want to keep this in the 3000 to 5000 range per person on the actual new USTN’s – if you’re somebody who doesn’t use cash and you’re like, what is that I don’t even use that? I only use a debit card, or I only use a crypto whatever, then you don’t have to worry about it.
It’s only there for those that like to use cash and that want the new notes to take, and that’ll come off your balance payments at the bank with Wells Fargo, if that’s your bank, okay? And that’s at the redemption center, those USTN our new currency of the dollar, is also in the bank, and they’ve had at least three or four deliveries of those new currencies in both redemption centers and banks, so they’re going to be ready whenever the time is right to let it go.
All right, so let’s see what else do we want to talk about?
We talk about the contract rate on dinar. The contract rate on dinar is like on a back screen of the redemption center. They know about it, and we know about it.
If you know about it, first of all, if you have dinar, see if they offer you the contract rate, it’ll be much, much higher than the screen rate of the dinar at the redemption center, and way above the screen rate at a bank — it could be 10 times what the bank rate is.
So you go in there, you’re ponying up your currency. They know who you are. They’re going through and calculating, let’s say you’ve got dinar do that, and then if they don’t offer you the contract rate, you ask politely for the contract rate that’s designed
– President Trump designed that for us to get the maximum benefit from the exchange of The Iraqi dinar — boom.
All right, so get that, take that, even if you have Zim, and most of us do, not everybody. But even if you do, you still have access to the contract rate on the dinar, the latest version of what that’s all about
Now, let’s talk about what else is happening. We know the Fourth of July is Friday – right. We know the big, as I call it, the big, bad, beautiful Bill has been passed in the Senate and tossed back to the House – for ? not sure what to call it –
we’re going to call it adjustments, passage of the bill, and if they need to they will reconcile the House version and the Senate version of the Bill – , a normal process that happens, it might compare certain things when the House bill do the Senate bill and then come up with a compromise or change in the final bill that gets voted on in the House, that gets sent over, signed by President Trump.
President Trump wants this on Friday, July 4, and I think they the House received that bill today. They should be working on it certainly by tomorrow.
It may show up at the President’s Desk and even early. Maybe it shows up Thursday instead of Friday. We’ll see what they do.
Okay, why is that important to us?
Because everything that we have been speaking about is in that bill, that BBB, that big, bad, beautiful bill. Oh, that’s four B’s. That’s right, so I do that. So what’s in it? The R&R / GCR is in there.
Okay, what else NESARA? Yes, certain aspects at least of NESARA are in the bill. Maybe not all of it, but the basics of it are in there.
The DOGE payments, oh yeah, that’s budget that’s in the bill. What about restitution and reconciliation allowance, the R&R we talked about? Yes, that’s in there too. Increase in Social Security? should be in that bill. Everything is there that we’ve been talking about.
So this bill, it’s not perfect. We know it’s not perfect. There’s some things pulled out of it, it just stayed in there. But thanks to the parliamentarian, she pulls certain things out of the bill, and unfortunately, they may or may not get reinserted by the by the house. So we’ll see what happens in the final
But either way, it’s a positive move forward for us, for our country, it’s a huge tax bill that reduces our taxes substantially, and it does give certain breaks to people working overtime or servers on their tips. And there are provisions in there which benefit everyone, not the rich.
Forget that s****d argument of benefiting only the rich, you’ve got to be kidding. Are the rich the ones waiting tables and serving us, are the rich the ones that are working 40 hours and getting overtime after that? No, they’re not. So forget that argument. That’s not true at all. And so you guys will see what is included in this
Now, July 4 is a huge day. Obviously, it’s our Independence Day. It’s a national holiday, and we do believe that President Trump will make certain announcements relative to the big, bad, beautiful bill, as well as NESARA, I believe he’ll discuss the fact that all currencies around the globe are asset backed-
Now, some are backed by gold, some are backed by other assets. Ours are backed by gold, silver, platinum, palladium, oil, nat. gas. Don’t even forget patents. We’ve got a lot of patents worth a lot of money. That’s part of the asset class.
So we have physical assets that are backing our USN currency, which is up on the screens trading now already, and that’s true of every other currency around the globe is asset backed and being traded as such.
So that’s what I wanted to say about what President Trump should speak to us about on Friday
Now what about the timing for this?
I have information that suggests that if the Super pachelis (spelling?) paid out today and tomorrow, and the dinar does move from the back screen of the 4x to the front screen at the Forex that it could show up on the front screens at the redemption center and banks, and that we would be able to be notified shortly thereafter
There could be as early as Thursday, Friday, I’d say notification period would take us all the way to next Tuesday, and there are other reasons for that.
Now, the majority of the information says that we get started with this by or on the weekend, but there’s other information that says that it might not be until early next week, Tuesday, Tuesday, Wednesday, time frame.
Now I know why, and I’m not going to go into the why that is. It’s complicated, and I understand it, but I’m not sure it benefits the real now I’m going to say this, whichever it is, it’s happening soon, and it’s happening in July, and all of these things should benefit us by the second week of July.
Now the general public is not going to start this until the third or fourth week of July, but we will have it, and I believe we’ll have it as for A and B for the first week to two weeks do after this is achieved, after we get actual revaluation Known,
okay, and the Global Currency Reset of all currencies around the globe being used backed by assets. Asset backed currencies. Name of the game for all connected all countries interconnected on the quantum financial system, through the Starlink system and the FinTech system and blockchain technology cost.
Crypto coins are actually also by the assets backing the USN and are being used digitally. As you guys know, it’s a digital coin, and there are five coins we’ve talked about over the past. And XRP, I think, is one of the main ones, along with Bitcoin and Ethereum and some of the other two that I can think of right now.
All right now, one other thing that’s interesting, I found out yesterday through the United Bank of Switzerland, UPS did a test yesterday to wire every country around the world, which is 209 countries, every country got a One penny, a one cent transmission we used to call it a bank wire, a transition of one cent in value, a bank in each country, all around the globe, 209,
Every one of those countries there – Let’s call it their treasury bank, instead of central bank, every one of their treasury banks received the one penny transfer in seven seconds. So new system, QFS through Star Link works very quickly to get money wired, if you will, around the globe, seven seconds. And what we’re going to be able to experience when we send money to various people, various entities that we send it to, obviously, through the quantum financial system.
And realize this system through StarLink tracks, all transactions, every one, regardless of the amount, regardless of the location. So there’s not going to be any funny business. All of this will occur, I believe, because of the quantum system, the quantum computers.
Certainly, everything’s wired and designed so that it’s totally encrypted and everything is safe, and that’s why our exchanges and our redemption of Zim is very large amounts, as you guys know, very large balances, and those will be held in quantum financial system In our quantum accounts,
We’ll have a quantum access card about three times the thickness of a normal credit card which has three chips in it, three computer chips in it, and we will access the funds in our quantum account, as you guys know, with a biometric fingerprint or thumb print, with a brand new username and a brand new password for the account and a five digit pin code and a new email and a new password for the email.
So all of those features are built in as part of our quantum access card, so we will access the huge funds that could be in the trillions – whatever —
the first move we make the day we do our exchanges and our Zim redemption, remove money from our quantum account into our primary Wells Fargo account, and then we’ll move that other sub counts, or bank accounts as we add one or two other banks to our quantum access card.
We could do that later – not on day one, day one, you’re getting your master account, primary account, hydrated, from your quantum account.
And we will see how that works with the R and R money. It should be there. We’ll see how, how much we take in from our currency exchange and Zim redemption, and we’ll move a reasonable balance – It could be large – a reasonable balance into our primary Wells account.
Now I understand you can negotiate your interest rate on money that you have in your bank account. Let’s call it primary or master account, and if you have secondary accounts with Wells, you would also be able to earn interest on those secondary accounts as well.
You could have a very sizeable balance in one or more accounts. Now that rate I’m not going to discuss , it’s going to fluctuate up and down. It’s very reasonable, though, and I think that will do very well, just with interest that’s earned on the principal in our primary account, primary and secondary accounts.
Okay, and in my case, for the interest to be paid up quarterly, so that I have a goal of trying to invest, giveaway, spend, wherever you want to say it into my projects, into people’s lives, humanity around the globe. I have a goal every month, to get rid of that much money, every quarter – which is 3 months – and then the next quarter – we got this much coming in, okay? And then the next quarter, and so on and so forth.
So the challenge is going to be Just to make sure your projects are scaled enough to where you can use the money that has been in your quantum account and moved to your primary or secondary accounts.
I told you guys I was going to have a primary account and then I was going to put my four LLCs for the four project names underneath that master account, all of which is under a master trust. A Master trust is over like an umbrella over the primary account and the four secondary accounts that have are based on the LLCs, and that’s how I’m doing it. That’s based on discussions over a couple of years with my trust attorney.
So we’ll see how that comes together. Let’s see, is there anything else in the way of Intel? I think you guys get the idea. We are very close.
Could we get notifications on or about the Fourth of July? It’s possible. I’ve heard that – The fifth is on a Saturday. Could be that we start exchanges even over the weekend, or, based on other information, could we get notified very early next week and start exchanges like Tuesday?
I’m going to hold out and say I’m not sure – we all want it yesterday, so it doesn’t really matter. We’re there. We’re getting very close to the end. So I want everybody to stay positive and remember what hope means. Hope is a is a positive expectation that something beneficial is going to happen for you.
And I’m going to speak that to all of you in big call universe around the globe. And I speak that for myself, for Sue and for Bob, that this is going to be a really, very, very strong July, and Fourth of July,
I’m looking forward to what President Trump’s going to tell us. I’m looking forward to this big, bad, beautiful bill as big, beautiful official to go and to be on Trump’s desk by Friday before, maybe beforehand.
Wouldn’t it be amazing if Congress actually did something early and actually got something in prior to the fourth? There’s a lot of reason why it’s possible, and I hope that it does happen that way.
And I want to say thank you for tuning in, Thank you big call universe, the listeners all over the globe and beyond that have listened to the big call for these 14 years, and I appreciate in there and moving forward one step at a time.
I think, I really think we’re going to move very quickly into the Golden Age, as President Trump called it. So let’s do this. Let’s pray the call out, and then we’ll look forward to talking with you all on Thursday night, the third of July. -Goodnight everybody. We’ll see you.
Bruce’s Big Call Dinar Intel Tuesday Night 7-1-25
REPLAY LINK Intel Begins 1:20:20
FRANK26: Source: Banking activity in Iraq has stopped
KTFA
FRANK26: Source: Banking activity in Iraq has stopped
7/1/2025
Baghdad/Erbil
An informed source reported that banking activity will be suspended on Tuesday due to the semi-annual inventory procedures.
The source told Shafaq News Agency, "Banking activity will cease as a result of the implementation of the semi-annual accounts and budgets, and therefore, there will be no customer reception today."
He added, "Banks will open their doors and resume operations tomorrow, Wednesday," expecting that "the disbursement of retirees' salaries scheduled for today will be postponed until tomorrow, Wednesday."
LINK
🌟 FIREFLY UPDATE: Iraq’s Currency Shake-Up Could Reshape the Economy 💰 #frank26 #dinarrevaluation
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