"IRAQ NEWS ANALYSIS" BY FRANK26, 15 NOV

 Frank26:  "OVERTIME FOR THE REFORMS!!!"............F26

The Minister of Finance directs the Accounting Department to continue working on Fridays and Saturdays until the end of the current year

11/14/2023  Baghdad - 

The Minister of Finance, Taif Sami, today, Tuesday, directed the Accounting Department to continue working on Fridays and Saturdays until the end of the current year.

The ministry said in a statement, a copy of which was received by Mawazine News, that “Minister of Finance, Taif Sami, directed the Accounting Department to continue official working hours on Fridays and Saturdays until the end of the current year.”

She added, "This came with the aim of accelerating the completion of financing procedures and the approaching end of the fiscal year."   LINK

************

Frank26:  "SUDANI & ALAQ ON THE MONETARY REFORM EDUCATION!!!"...........F26

A government source reveals a package of measures to address the difference in the exchange rate

11/14/2023

A government source revealed, today, Tuesday, a package of measures to address the difference in the exchange rate, noting that Prime Minister Muhammad Shiaa Al-Sudani directed the activation of a committee to hold serious discussions with the US Treasury Department regarding transfers.

The source explained, according to the official agency, that the package of measures included the following:

1- Organizing the import process and ensuring the entry of the largest number of merchants and importers to the foreign currency sales window by facilitating account opening procedures, deposit operations and other procedures related to issuing the importer’s identity, which would facilitate the requirements of (know your customer). ) for the category of merchants and importers.

2- The government and the Central Bank are conducting ongoing negotiations with the Iranian side to regulate trade between the two countries and make the best options regarding payment of dues and amounts, and discussions are taking place at a good pace.

3- The Prime Minister directed to work on a number of important projects to ensure that the poor and middle-income groups are not affected by the exchange rate difference, as the Ministries of Commerce and Health are working to import important materials and provide them in Iraqi dinars at stable prices, an example of which is the food basket project (supported by stable prices), the medicine basket and the basket. Construction and a basket of reserve materials for the transportation sector... some of which work began some time ago.

4- The government is now working on a project (an equal deal) to exchange trade and imports with some countries, such as China and India, and in their own currencies from the main trading partners of Iraq, such as India, China, and some neighboring countries.

5- The government is currently considering establishing a free zone to import materials and then market them to the private sector and ensure their delivery to the consumer at competitive prices and in the Iraqi dinar.

6- The government is currently studying a re-export project and there are important discussions in this regard.

7- The government issued a series of measures to develop electronic payment systems and reduce dependence on cash... and in the coming days a series of other decisions will be issued regarding the pricing and incentive policy for services provided through electronic payment.

8- The President directed the activation of a joint committee between the government, the central bank, and the private sector, under the supervision of his state office, to hold serious discussions with the US Treasury regarding transfers through the foreign currency selling window, and the committee began its meetings from now.

9- The government is holding ongoing discussions with the Central Bank of Iraq on a number of topics, including facilitating procedures related to Iraqi banks importing the dollar (cash). This process has already begun with some banks importing the dollar, and the process will expand to include other banks. Work is also underway to implement a contract. Agreements to supply the currencies of some countries to be provided through banks and banking companies to meet the needs of Iraqi tourists and pilgrims going to those countries without the dollar currency. LINK

FRANK26…..IQD UPDATE…….THE EXCHANGE PROCESS!

RI/RV Imminent Now!💣JP Morgan Supports Dinar?!🤔Iraq Dinar RV Updates | 1...

"RV UPDATE" BY FRANK26, 15 NOV

 Frank26:  GREETINGS FAMILY,

I JUST WANTED TO SHARE SOMETHING WITH YOU IN MY OPINION IF I WAS THE CBI, I WOULD BE FOCUSING ON THE NEW EXCHANGE RATE AND THE NEW CURRENCY TO COME OUT TOGETHER.

WITH THAT SAID I WOULD LIKE TO SHARE MY OPINION, THAT SUDANI IS IN ERBIL WITH BARZANI, AND THEY ARE DEALING WITH THE LAST THREE PARAGRAPHS OF THE HCL. THEIR INTENT IS TO RELEASE IT VERY SOON

IF THAT IS THE CASE, THEN IN MY OPINION, THE NEW EXCHANGE RATE AND THE NEW LOWER NOTES SHOULD FOLLOW.

REMEMBER WHAT I’VE ALWAYS SAID, IN MY OPINION THE MOMENT YOU SEE THE HCL SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE.

GOD BLESS YOU ALL…….FRANK26

   [Bank Story]  

 I called JP Morgan Chase corporation office and I was told when the Iraqi dinar is reinstated... 

FRANK:  What??  Chase told you this?!  

Bank Story:  He said when the IQD is reinstated I am supposed to go to Houston, Texas Chase Bank and they would be able to exchange my currency and set up a private account there for me.  I just wanted to share my JP Morgan Chase story with you.  This is amazing isn't it?  

FRANK:  Follow up on this don't leave it there.

America Extends Iraq's Exemption From Sanctions Imposed On Iran, 15 NOV

 America Extends Iraq's Exemption From Sanctions Imposed On Iran

Energy    Economy News _ Baghdad  The United States of America announced that it had extended for four months the exemption period granted to Iraq from sanctions related to dealing with Iran, allowing Baghdad to continue importing energy from the Islamic Republic.

A senior US State Department official told reporters, requesting that his name not be published, that "this measure will allow Iraq to use its own funds to pay the costs of importing electricity from Iran, which will be placed in Iranian accounts restricted in Iraq."

He added, "Iran will not be able to use this money except for humanitarian needs."

Due to the sanctions imposed by the United States on the Islamic Republic, Baghdad cannot directly pay Tehran for its imports of Iranian gas.

The senior American official explained that the total debt owed to Tehran by Baghdad in exchange for previous Iraqi imports of Iranian gas amounts to about 10 billion dollars.

To force Baghdad to pay its unpaid debts, Tehran regularly suspends its gas supplies to Iraq, which desperately needs these imports to operate electricity production plants.

Iranian gas supplies cover a third of the needs of electricity production plants in Iraq.

The exception also stipulates that a portion of Iranian gas funds be transferred to Oman.

This is the 21st time that Washington has extended this exception to the sanctions since 2018.

Although Iraq is an oil country, it relies heavily on Iran in the field of energy, as it imports a third of its consumption needs of gas and electricity from it due to its dilapidated infrastructure, which makes it unable to achieve self-sufficiency to meet the needs of its population of 40 million people.

Iraq currently produces 16,000 megawatts of electricity, which is much less than its estimated need of 24,000 megawatts, reaching 30,000 in the summer, while its population may double by 2050, which means an increase in its energy consumption, according to the United Nations.

The previous US administration, under President Donald Trump, withdrew from the nuclear agreement concluded with Iran and at the end of 2018 reimposed sanctions on the Islamic Republic.

Because of these sanctions, many countries and international companies refrain from dealing with the Iranian government or even with Iranian companies for fear of being affected by the sanctions.

Views 34 11/15/2023 - https://economy-news.net/content.php?id=37548

Diversifying The Foreign Currency Commodity In Iraq..Does It Increase The Value Of The Dinar?, 15 NOV

 Diversifying The Foreign Currency Commodity In Iraq..Does It Increase The Value Of The Dinar?, 15 NOV

November 14, 2023  Baghdad/Al-Masala Al-Hadath: The Finance Committee in the House of Representatives said, on Monday, that there is a necessary and important need to diversify the basket of foreign currencies in Iraq and not depend on the US dollar. Diversifying the basket of foreign currencies also helps enhance trade with other countries that use these currencies. It also contributes to increasing the attractiveness of foreign investments.

Members of the committee believe that “the basket of foreign currencies in Iraq must be diversified and not relied on the dollar in commercial transactions, whether external or even internal, as this reduces American dominance over the Iraqi economy.”

The committee considers that the Iraqi economic environment is ready and prepared to strengthen banks in various foreign currencies and not be limited to the US dollar.

The committee expects that the coming days will witness various commercial transactions through the UAE dirham, as well as the Chinese yuan and other currencies, and this will reduce the demand for the dollar, and will have an impact on reducing the dollar exchange rate in the parallel market.”

The currencies that could be useful to Iraq are the euro, as it is the second most widely used currency in the world, and it is a relatively stable currency, in addition to the Japanese yen, as a relatively stable currency, which is a basic currency in many financial markets, as well as the Chinese yuan, which is a rising currency, and a basic currency in Many emerging markets, in addition to the UAE dirham and the Saudi riyal, which is a basic currency in the Gulf region.  https://almasalah.com/archives/72960

BRUCE'S INTEL (SPANISH & ENGLISH), 15 NOV

 BRUCE 14 NOVIEMBRE 2023

SÓLO INTELIGENCIA

¿¿¿DÓNDE ESTAMOS AHORA???

No creo que vaya a necesitar mucho tiempo: somos muy cercanos y no pensamos que haríamos una llamada esta noche y su respuesta fue de un miembro del personal de RC que dijo: De ninguna manera, pero estaban escuchando. llamó a HSBC para decirle que esto estaba cerca y que iba a funcionar y hoy se veía bien y ahora encontramos la razón y esto aporta algo: ISO 20022 permite el intercambio de todas las monedas y el comercio de múltiples monedas ahora que esto está conectado. a Starlink y qué más y a nuestros amigos en Irak y esto podría reflejar a los EE. UU. y su falsa administración: tienen una nueva tasa en el país y los cajeros automáticos están emitiendo denominaciones más bajas y esta es la cuestión: los cajeros automáticos están funcionando a al menos en los aeropuertos y en todo el país y aquí está el tema: necesitan publicar la nueva tarifa a nivel internacional para convertirse en miembro de pleno derecho de la OMS y necesitan que se publique en la Gaceta y sé que estás cansado de escuchar y ¿Cuántas veces hemos pensado que se iba a publicar? 

El miércoles y el sábado tuvimos la HCL y los pagos de jubilación y pensiones, pero se realizó una tasa en el país, pero aún no se ha publicado en todo el mundo. puedo verlo. Sabemos que el dólar no se acepta oficialmente en Irak y que ha desaparecido por completo y ya no se imprime y que deberíamos tener el USN como nuestra moneda oficial y una alta fuente militar dijo "En cualquier momento", por lo que deben cumplir plenamente con la OMC y hay un impulso para hacer esto y tenemos que tener fe en que estará hecho mañana y por eso el Tesoro quiere que esto suceda antes de Thanksgiving y si comenzamos eso les daría 8 días y quieren el Zim.

de inmediato y eso les daría, y si nos notifican mañana y también dependiendo de que Irak obtenga esa tasa y cumpla con los requisitos, lo que permite pagos con TODAS las monedas pagadas, todas con capacidad comercial y conectadas con Starlink, ¿se le ha permitido a Irak publicar esto? – ¿O les hemos impedido publicar esa tasa?

Hemos visto la tasa en las pantallas frontal y posterior (no es culpa de los bancos ni siquiera del Tesoro y el nuevo Tesoro está bajo la República restaurada y esto podría ser algo que tengamos que superar) usando el sistema Starlink para interactuar con el QFS y las cartas y todo. Entonces pensamos que esto se había hecho aparte de esa tasa en el Gazette y creo que debería ser esta semana y los líderes de RC decían que esperaban que el 90% de los centros cerraran antes del Día de Acción de Gracias; entonces, ¿cómo podría suceder eso si esos centros están cerrados y nosotros no he empezado, así que para terminar tenemos que empezar y ahora ya sabes por qué y qué estamos esperando y estoy animado para mañana, pero puede que tarde hasta el sábado; digámoslo de esta manera 8 días no es mucho, ¿verdad? ? 

Así que esa es la versión larga y extendida de lo que es la información. Sé que estamos muy, muy cerca y podría suceder en cualquier momento ahora y mañana podría ser eso. Sabemos que esto es lo que Dios ordenó desde la Fundación de la Tierra para restaurarla y esto es parte. de esa restauración y nuestra parte es estar en Fe para que ESTO VAYA MAÑANA y por favor estén de acuerdo conmigo y eso es lo que estoy buscando, esta Redención y Revalorización son parte del Plan de Dios y tenemos que llevar esto al resto del mundo.

Mundo y es por eso que hemos sido llamados y elegidos para ser parte de él y tenemos que mirar esto como un Evento Soberano al que Dios nos ha llamado y es por eso que estamos haciendo proyectos y Reconstruyendo América y haciendo todos los proyectos. Hemos hablado – AHORA Bruce creo que va a hablar sobre Sue y sus programas. Ahora creo que esa es toda la información que Bruce tiene para nosotros esta noche – 

Así que, por supuesto, agradecerá a Sue, Bob, GCK y Pastor. Scott, Jeannie y Larry y, por supuesto, todos los oyentes de todo el mundo. Y sin falta esta noche ORANDO EL LLAMADO, ASÍ QUE POR FAVOR ÚNASE A BRUCE CON PLENA FE PARA QUE ESTA BENDICIÓN CELESTIAL NO SE DETENGA MÁS Y SE MANIFIESTE COMPLETAMENTE CON ESAS NOTIFICACIONES DE MAÑANA - Y POR FAVOR, SIGAN ESAS ORACIONES HASTA QUE LLEGAMOS COMPLETAMENTE ESAS NOTIFICACIONES POR CORREO ELECTRÓNICO. Sabemos que tenemos los Guerreros de Oración más Maravillosos de todo el mundo, así que, POR FAVOR, MANTENGA ESTAS ORACIONES SENTIDAS. Bruce dijo que, con suerte, la tasa para Irak se publicará mañana. Los amo a TODOS,

Gem

-----

TRANSLATE IN ENGLISH:

BRUCE NOVEMBER 14, 2023

 ONLY INTELLIGENCE WHERE ARE WE NOW???

 I don't think it's going to take much time - we're very close and we didn't think we'd make a call tonight and his response was from an RC staff member who said: No way, but they were listening. Called HSBC to tell them this was close and it was going to work and today it looked good and now we found the reason and this adds something: ISO 20022 allows the exchange of all currencies and the trading of Multiple currencies now that this is connected. to Starlink and what else and to our friends in Iraq and this could reflect the USA and their false administration: they have a new rate in the country and the ATMs are issuing lower denominations and this is the thing: the ATMs are working at least in airports and around the country and here's the thing: they need the new fee internationally to become a full published member of the WHO and they need it to be published in the Gazette and I know you're Tired of hearing and how many times have we thought it was going to be published?

 On Wednesday and Saturday we had the HCL and retirement and pension payments, but a rate was made in the country, but it has not yet been published worldwide. I can see. We know that the dollar is not officially accepted in Iraq and that it has completely disappeared and is no longer printed and that we should have the USN as our official currency and a senior military source said "Any time" so they must fully comply with the WTO and there is a push to do this and we have to have faith that it will be done tomorrow and that is why the Treasury wants this to happen before Thanksgiving and if we start that would give them 8 days and they want the Zim.

immediately and that would give them, and if they notify us tomorrow and also depending on Iraq getting that rate and meeting the requirements, allowing payments with ALL currencies paid, all commercially capable and connected to Starlink, have you been allowed Iraq to publish this? – Or have we prevented them from publishing that rate?

We have seen the rate on the front and back screens (it is not the fault of the banks or even the Treasury and the new Treasury is under the restored Republic and this might be something we have to overcome) using the Starlink system to interact with the QFS and the letters and everything. So we thought this had been done apart from that rate in the Gazette and I think it should be this week and RC leaders were saying they expected 90% of the centers to close by Thanksgiving; so how could that happen if those centers are closed and we haven't started, so to finish we have to start and now you know why and what we are waiting for and I am excited for tomorrow, but it may take until Saturday; Let's put it this way 8 days isn't much, right? ?

So that's the long, extended version of what information is. I know we are very, very close and it could happen any time now and tomorrow it could be that. We know that this is what God commanded from the Foundation of the Earth to restore it and this is part of it. of that restoration and our part is to be in Faith so THAT THIS GOES TOMORROW and please agree with me and that is what I am looking for, this Redemption and Revaluation are part of God's Plan and we have to bring this to the rest of the world.

World and that is why we have been called and chosen to be a part of it and we have to look at this as a Sovereign Event that God has called us to and that is why we are doing projects and Rebuilding America and doing all the projects. We've talked – NOW Bruce I think is going to talk about Sue and her programs. Now I think that's all the information Bruce has for us tonight –

So of course you'll thank Sue, Bob, GCK and Pastor. Scott, Jeannie and Larry and of course all the listeners around the world. AND without fail tonight PRAYING THE CALL, SO PLEASE JOIN BRUCE IN FULL FAITH SO THAT THIS HEAVENLY BLESSING MAY STOP NO LONGER AND BE COMPLETELY MANIFESTED WITH THOSE NOTIFICATIONS TOMORROW - AND PLEASE FOLLOW THOSE PRAYERS UNTIL WE FULLY REACH THOSE EMAIL NOTIFICATIONS. We know we have the Most Wonderful Prayer Warriors around the world, so PLEASE KEEP THESE PRAYERS HEARTFUL. Bruce said the rate for Iraq will hopefully be released tomorrow. I love you all,

Gem