Thursday, November 2, 2023
"RV UPDATE" BY KAPERONI & TLM724, 2 NOV
Kaperoni
Despite efforts from the CBI to reduce the spread of the market street rate in Iraq, it still remains almost 18% higher... than the official rate from the CBI at 1310. Not good!
Iraq had another meeting with the WTO...pertaining to a full session...Iraq has nothing to export yet so there is no reason to be in the WTO. Develop your economy Iraq!Wednesday, November 1, 2023
The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers , 2 NOV
The Iraqi Central Bank is moving towards the US Federal Reserve to increase its dollar transfers
The Parliamentary Finance Committee revealed, today, Wednesday, a move by the Central Bank with the US Federal Reserve to increase Iraqi dollar transfers.
A statement by the committee, followed by Mawazine News, stated that “external and internal factors stand behind the crisis of fluctuations in the dollar exchange rate,” stressing that “the governor of the Central Bank of Iraq is working hard to solve these problems in order to reach understandings with the US Federal Reserve to increase Iraqi dollar transfers, as well as About confronting speculators and brokers internally.”
The statement called on "citizens to support the procedures and policy of the Central Bank because the crisis requires the combined efforts of everyone."
He added, "The Finance Committee is in constant contact with the Central Bank of Iraq and other concerned parties regarding the problem of the fluctuation of dollar selling prices and supports all steps and measures that would restore stability to the exchange rate," pointing out that "several immediate and future proposals are being presented in this regard, with the aim of finding alternatives and solutions."
Effective for this crisis and in a way that preserves the strength of the Iraqi dinar and also preserves the strength of our cash reserves of hard currency.” LINK
The Sudanese Financial Advisor Reveals The Intention To Bring In An International Audit Force To Reduce Corruption, 2 NOV
The Sudanese Financial Advisor Reveals The Intention To Bring In An International Audit Force To Reduce Corruption
Politics 11/01/2023 20:17 Number of readings : 177 Baghdad - Iraq today: Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Saleh, confirmed today, Wednesday, that government agencies’ contracts with reputable international financial auditing companies represent an international auditing force that contributes to reducing the phenomena of multilateral corruption. Saleh said in a press interview,
“International auditing companies have long experience in investigating the most complex financial transactions, especially financial and administrative activities and transactions with broad and complex connections, called branching activities with long arms.” He added,
"The use of an additional international audit force for important financial centers in our country has become clear in reducing the phenomena of multilateral systemic corruption, and that
the positive effects of this comprehensive, multi-purpose audit undoubtedly represent a new dimension in providing a climate based on assessing the level of financial discipline in addition to its role in
Strengthening long-term paths that are of fundamental importance in government administration, and at the same time extend across the joints of multi-purpose government financial activities in our country.” Saleh continued,
“In accordance with international standards, in developing the efficiency of public money management and auditing mechanisms and adopting modern accounting principles, the international procedures that are adopted in auditing are procedures that have left a positive impact in providing an additional climate of financial protection that is directly consistent with the general principles stated in the government program.” In developing the digital government administrative system,
it is a trend that has become coherent and continuous and touches on financial governance in accordance with international standards to protect public money and apply the force of law.”
The Prime Minister's Advisor for Financial Affairs noted that
"the role of international auditing companies is, in all cases, based on the principles and foundations of the effective Federal Financial Management Law No. 6 of 2019, as amended, as well as the applicable national supervisory instructions and procedures."
Evening News with MarkZ. 11/01/2023
EXCERPTS FROM MNT GOAT, 23 NOV
EXCERPTS FROM MNT GOAT Bottom line is this – the IMF fully intends to repeg the IQD to a basket of currencies once they revalue it and tur...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...