Al-Haims announces joint cooperation to list government bonds on the Iraq Stock Exchange
Today, Sunday, Chairman of the Securities Commission, Faisal Al-Haims, announced joint cooperation with the Central Bank and the Ministry of Finance to list government bonds on the Iraq Stock Exchange.
Al-Haimas told the Iraqi News Agency (INA): “The authority is independent and affiliated with the Council of Ministers. Its work is to monitor the trading of bank shares to complete their requirements and list them in the Iraq Stock Exchange, by submitting financial statements according to the required timelines.”
He pointed out, "There has been great cooperation during the recent period with the Central Bank and the Ministry of Finance to list government bonds in the Iraq Stock Exchange link
Tony is quite correct the RV will happen soon, but not yet. This is what is really happening. There is a carefully, orchestrated plan in effect, that is being meticulously monitored.
Tier # 1 and Tier # 2 is currently being financially hydrated.
When this is completed to the satisfaction of the Alliance then and only then will Tier # 3 be financially hydrated.
When Tier 3 is completed to the satisfaction of the Alliance then and only then will Tier # 4 (US) the internet group be financially hydrated.
Everything is currently“On Track” and moving to expectation.
If everything continues to expectation, thenTier # 4 should be financially on or about JUNE 15th with a back wall of July 4th.
It is “NOT” going to happentoday, tomorrow or this month. However, Tony is right. It will be our time soon. Nothing will stop this except for a 911 type event.
My source actually sits on a special committee formatted for the very specific purpose of the timing of the revaluation to take place.
June 15th is not that far away so remain patient and be in expectation
“A Bank just told us they are going to move onto the QFS. First action date: June 21, 2024 before 3:00 p.m. MT. Second action date: June 24, 2024 for the remaining steps. It is important to note that this is just one bank’s timeline, but I can’t help from notice that this one is before the June 30th, 2024lawsthat are taking effect on Crypto regulations and Stable Coins at the end of the month.”
"HKMA Updates Social Performance Module (SPM) to Drive Banking Sector Upskilling"
We have recently been talking about many banks going through logistics training and especially in their foreign currency exchange departments.
Here, we have a report that Hong Kong is Upskilling their banking practitioners.
Part of the reskilling of their banking employees deals with The Exchange Stabilization Fund. The ESF deals with three types of assets:
* The US Dollar
* Foreign Currencies
* Special Drawing Rights
The SDR is an international reserve asset. It is created by the International Monetary Fund. This particular asset class is a transitional currency. It will help stabilize and redistribute monetary volumes and access expansion to various currencies to aid in the process of moving from a World Reserve Asset to a local currency regimen backed by gold.
This process will begin to create price pressures on global currencies. Credit valuation adjustments will be a part of this process.
As of August 2023, the SDR basket of currencies consist of the following percentages:
* US dollar: 43.38
* Euro: 29.31
* Chinese yuan: 12.28
* Japanese yen: 7.59
* British pound sterling: 7.44
These percentages will shift during the transition as new alliances have been formed the last few years through new trading partners. Don't be surprised if we do not see a digital currency added to this list.
Hong Kong is an open market economy driven by supply and demand. Currently, the United States dollar is their main asset to drive their Market, but a shift change to a gold backed regimen will immediately change everything for Hong Kong and those who trade with them which is many countries.
Hong Kong has been through several digital pilot programs and completed many of their projects. They are well equipped for the new shift in our economy.
China is currently driving the gold market to new highs along with new BRICS Nations. These changes will come at a heavy price on the US Dollars' performance.
We are in a transition that has taken a lot of time, but the shifts to the global economy are beginning to take a different shape.
“From my Brazilian contact: We are waiting for an official order to release funds and payment order. This will happen at any time, please wait…as of today we have nothing official. Things are moving guys. The greatest transfer of wealth has started T1 and T2 have been completed and a very positive Mark Z message today! He’s saying he’s hearing Individual Bond Holders expecting to receive big Payments now! First time I’ve heard him talking about Individuals rather than Groups/ Platforms.”
Thurs. 23 May 2024 Wolverine Here’s a helpful update
My friend has given me permission to share information with you. Remember, she has a relative who is an MP from a Middle Eastern county and he sits on a committee that oversees the timing of the event.
Anonymous Friend
Ginger, I was just informed (by a relative in the Middle East; Ginger is hiding the location for security) that there are 7,000 payers in Tier 3 who are being paid before Tier 4B distribution goes live. This will happen over the next 10 to 14 days.
Deputy Prime Minister and Minister of Planning, Mohammed Ali Tamim, confirmed on Saturday that the Iraqi government has developed an economic vision on borrowing policy.
This came during the speech he delivered during his sponsorship of the celebration of the Central Bank of Iraq, launching the National Strategy for Banking Lending in Iraq, for the period 2024-2029.
The minister congratulated the Central Bank “the launch of this strategy, which was prepared in cooperation with the German Development Agency,” noting that it “is consistent with the directions of the government, and coincides with the completion of the preparation of the five-year development plan for the same period of time, and the legalization of loans.”
He added, “The lending strategy can contribute to increasing credit granted to the private sector by 4% of non-oil GDP, and pay special attention to small, micro and medium enterprises by increasing the credit granted to them by 3% of non-oil GDP.”
“This trend would contribute to financing more projects, giving the private sector a good space to be a real partner in achieving development goals, as well as moving forward to achieve a state of economic diversification, and thus reduce dependence on oil,” the Minister of Planning stressed.