The Finance Committee meeting with government bank directors came up with several recommendations, 16 NOV
The Finance Committee meeting with government bank directors came up with several recommendationsToday, Wednesday, the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, stressed the necessity of accelerating the implementation of the comprehensive banking system, while stressing the importance of facilitating loan granting procedures.
The media office of the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement, “Al-Atwani chaired a session hosting directors of government banks, to discuss ways to achieve banking and financial reform in the country,” noting, “The meeting, which was attended by representatives, members of the Finance Committee and directors of the Rafidain, Al-Rasheed, and Real Estate banks.” , Industrial and Agricultural, discussed a number of important files related to the work of government banks, including mechanisms for granting banking facilities in granting loans and reducing interest rates and other services.
He added, “The meeting reviewed the steps for preparing the banking reform paper in line with the government program, through the implementation of the comprehensive banking system.”
Al-Atwani stressed “the necessity of accelerating the implementation of the comprehensive banking system,” pointing out that “we will hold joint specialized workshops in order to prepare a draft of the government banks work law,” stressing “following up on the steps to prepare the banking reform paper,” expressing his support for “efforts to improve and advance this sector.” “vitally important.”
He pointed to “the importance of facilitating loan granting procedures and studying their economic feasibility in order to achieve development,” explaining that “automating systems and programs is the only way to break away from routine and fight corruption.”
He stressed “accelerating the completion of the steps to transition from the paper system to the electronic system for all sectors and institutions,” pointing to “the importance of preparing data centers in accordance with the standards of the Central Bank and international banks.”
He stressed, “The Real Estate Bank must complete lending transactions for citizens who have completed disbursement procedures within the housing initiative.”
[via PDK] I got a confirmation from a source that is not one of mine. They were told there were 3 paragraphs they were addressing on the HCL between Erbil , the Kurds and Baghdad …and RV would occur as soon as its finished.I was always told when HCL was 100% done and official…we would get the new rate…I had heard this from one of my sources... but was glad to hear it confirmed from another. So that feels good …Just 3 paragraphs to work through on the HCL…I thought this was great news.
I heard one banking story from another persons local bank. After telling him that investing in currencies was not a good thing…yesterday the teller asked if he still had those currencies and he just heard they will be exchanging them soon ….
We have some very interesting chatter this evening. I have gotten this from many banking sources that they are expecting instructions very soon. Specifically instructions for “Foreign Currency Exchanges”!!! This is the event that we are looking for.
I have heard this now from 3 different banking sources...Nobody knows the exact date…but they are expecting instructions at any moment and are prepared. They know it’s coming. Banking people from the mid-level up know it’s coming and are prepared for it. IMO this is great news.
Welcome, everybody to the big call. It is Tuesday, November 14th and you're listening to the big call. Welcome everybody all over the globe, wherever you're tuned in from.
And it's just amazing - the sat team, I'm sure is at work getting the signal out all over the globe and I'm really pretty sure that's happening tonight. - and great. We're just so thrilled that a big call is a platform that can get out so far. Thanks for listening, everybody. We welcome you, and we look forward to a great call tonight. Let's jump into the Intel – I don’t think I'm gonna need a whole lot of time tonight.
Now, as you guys know, we are very close and we've been saying this for a while - you know that - and we thought that we would actually not have to do a call tonight - because even some of the redemptions centers are one of the leaders of the redemption center told us - “will bruce have a call tonight” - and his response was – “Are you kidding?” In other words, no way you would have to do a call tonight.
Well, here we are. So even the very best leaders of the redemption center got it wrong this time - But it's because they were hearing through various calls with HSBC, with Wells Fargo with Treasury, all on the same conference call that this was happening that this was close. This was going to go.
And we thought we actually could get notified yesterday but today looked really, really good for that. And we didn't - today's the 14th and tomorrow is the 15th. And now we find finally, what probably is the reason we haven't gone yet. And this brings in something that we talked about months and months and months ago, and that was the ISO 200 2022 legislation, ISO 200 2022 allows for all currencies to be exchanged - And to be trading, to take place using multiple currencies as payments for trade international trade.
Well, I think what we knew but since we forgot was that is that ISO 200 2022 is interconnected with the Starlink satellite system. Okay, cool. That's fine. It's connected to starlink. What else? What else?
Well, our friends in Iraq and so we can't really blame Iraq for this. This could reflect back to the US and possibly to the administration that's there now - what I mean is the worthiness Iraqi dinar the new rate In country we heard and semi confirmed that their ATM machines are kicking out new lower denomination dinar or similar notes and notes are laid out. Okay, in other words, five’s not so much. but 10’s 20’s 50’s 100. Okay, of the new dinar and here's the thing.
The ATMs are theoretically up and running, at least maybe least in the air ports, but we heard throughout the country, which means Iraq had a new rate they had new currency you know, they are ready to rock and roll and they're going but here's the issue. Iraq needs to put out their new international rate for Rocky did are out internationally to become 2 things - to become a full fledged member of the World Trade Organization and to also be considered part and parcel of the ISO 200 2022.
So they need to have that established, but they can have it put out as an international tradable currency- and the most likely way to do that by printing it in their official record we call the Gazette – I know that you guys are tired of hearing about it and I’m tired of talking about it. Because look how many times we thought the rate would be put out in the Gazette on Wednesday or Saturday or typically it's printed on Wednesday or Saturday – early morning
And we haven't had it reflected in that yet. We've had HCL – Hydro carbon law – oil and gas law - payments to take place - retirement payments have taken place - Pensions, all kinds of things have taken place already - back pay for contractors, all that but it has yet to be publish, where the entire world can say, Okay, you're Iraq is back they have an international rate that is blank dollars in value of dinar
We know the USD is not being taken in Iraq, the fiat currency that we're still using here is completely gone everywhere internationally. – no longer being printed - and we are moving into a restored republic with the USN as our official currency
So we are this close – in fact one of our military sources said today – “any minute now”
Could this change happen tomorrow, that the rate is published officially in the Gazette for Iraq and is seen and we move forward? They're admitted into the World Trade Organization. they're compliant on the ISO 200 2022
That’s what we're looking for - the latest Intel says it could happen tomorrow, it could happen Friday or Saturday of this week.
So there's impetus to getting it done as quickly as you would like to be, which would be yesterday - it's possible that happens. And I hope it does – We have to have faith that it does.
And I would say that the goal of treasury just pretty much running the show in conjunction with a few other organizations Treasury is wanting this to happen prior to Thanksgiving.
Now 22nd is a week from tomorrow - that even starting tomorrow, give them 8 days, including the 22 to do exchanges, and they really want the Zim first - they want that zim in there right away. That would have given enough time more than likely to get all of the zim in – if I started up as early as tomorrow, which we could get notified in the morning, set appointment to go tomorrow - That is doable, provided – and I hate to say it we're depending on Iraq getting that international rate out - So they can be fully compliant. ISO 200 2022 that allows for international payments, in all currencies – for trade of goods and services, as well as payments made in those currencies.
So all currencies are all countries have been added to the Starlink satellite system. That's where the ISO 200 2022 is interconnected - This is all functional and ready to go - But I think Iraq has to come to the party and do what we have been waiting for –
Now has Iraq been allowed to put out and publish this rate so many times we thought or have we held it up as in for the past years from putting up a newly revalued dinar rate.
Because we've seen the rate on the back screens, we've seen the rate on the front screens . I think what it is, I can't tell you what it is, so in other words - It's not the bank's fault. I'm not even gonna say its the Treasury’s fault
its we have a new Treasury – under the restored Republic and we're moving perfectly in that direction. But this could be a hitch that we have to overcome with the idea of this ISO 200 2022 legislation that allows for international payments to be made international trade to take place and exchange of all foreign currencies - using Starlink satellite system as a medium to interact with the quantum financial system which we're all connected to, you know, a story about quantum cards and all that.
So that was information I sort of forgot about - thought was already handled and here it's all handled except for Iraq’s rate needs to surface it needs to be published in the Gazette
Now, I believe we're gonna get there before Thanksgiving. I think we should get there sometime this week.
Even know the Redemption Center leaders were saying that they expected 90% of the redemption centers to be closed for good on the 22nd or let's say before the day before I can which is Thanksgiving 23rd of the month, how can they be close after let's say Wednesday 22nd of November, if we haven't started yet.
We have to get started before we can close - 10% other redemption centers according to this leader of the redemption center - other 10% through the end of the month - so you know it's coming to finish something you first have to get it started - and that's what we’re waiting for - to get started.
Now know why they haven’t started - Now you know what waiting for it to happen. And I'm encouraged that we could be there as early as tomorrow – but it might take until Saturday to get there. I hope not And I'm looking forward to getting in just like y ou guys are – and getting this done way before Thanksgiving .
But let's put it this way. Tomorrow is barely eight days before Thanksgiving. So they're not giving them a whole lot of time if they want maybe 90 percent close for good after the 22nd the day before Thanksgiving. But that's a long, extended version of what the Intel is and I’m as encouraged as I have ever been – I know we are very close. We've been told this was going to go at any minute now.
No, Saturday is not any minute now. But tomorrow might be considered now. So this is where we know this is something that is ordained - from a long time ago, I guess we could say for the foundation of the earth. God knew what was happening here. this would be a way for us to help regulate up level everything and restore the earth. This is part of the restoration of the earth – which God spoke about -
Which guys and I think that we that I think we should look at it that way –and our part in that - have had our part in that is to be in faith for it. I am going to ask everybody out there in big call universe – to be in faith for this - and I am in faith for this to go tomorrow – I want you guys to agree with me. Where inn whereas if any three agree is touching anything on it shall be done for them. That's what I'm looking for
This thing. The redemption of zim, this exchange of currencies - This revaluation process is part of God's plan. And we are instrumental in getting that blessing that is coming to us out to the rest of the world. That part of what our calling is, as part of our quote unquote our chosen lives. That's why we're called to this and you were called to the big call to be part of it. So I'm like said that's - Look at this a little bit more as a sovereign event that God has called us to.
He's called us to be part of it to be an integral part of it. And that's why we're doing projects. That's why we're doing things to help humanity to rebuild America to rebuild internationally to do so many projects
We know the numbers are coming we just don’t know when -
But I believe they have it narrowed down to when they want to do this and what needs to happen with the international dinar rate – being put out publically in the Gazette - Could be so as early and hopefully as early as tomorrow – so that is what we are going to pray for – as we pray the call out
Parliament Finance indicates the reason for the decline in the exchange rate and talks about "a crackdown on smugglers" - urgent
Baghdad Today - Baghdad
In recent days, local markets have witnessed a decline in the exchange rate of the dollar against the Iraqi dinar, reaching 158 thousand for every 100 dollars. The Finance Committee in the House of Representatives indicated the reasons for the decline, while revealing "control over smugglers."
Committee member Moin Al-Kazemi said today, Thursday (November 16, 2023), that "there is security and intelligence progress in the file of identifying dollar smugglers, and during the past days a number of them have been overthrown."
Al-Kadhimi indicated in an interview with "Baghdad Today" that "this greatly affected the decline in the dollar exchange rate in the parallel market."
The member of the parliamentary finance committee, that "there is great economic importance to thwart the smuggling of foreign currency," pointing out that "there is government interest in this file and the security and intelligence services have information about those parties and personalities and work is continuing to pursue them and overthrow them."
Yesterday, Wednesday (November 15, 2023), the National Security Agency announced the arrest of the most dangerous person involved in the currency smuggling file through its management of more than one bank and financial institution.
The agency said in a statement received by "Baghdad Today", that "in implementation of the directives of the Prime Minister to follow up the file of currency smuggling strike and speculation and to complete the series of qualitative operations and painfuls carried out by the National Security Service against organized crime gangs that seek to sabotage the national economy, and direct damage to the lives and security of citizens, and after an intelligence and field effort, we announce the arrest of one of the most dangerous involved in the file of currency smuggling Through his management of more than one bank and financial institution."
He added, "The operation took place according to due process after the defendant tried to escape outside the country," noting that "the defendant, through owning several banks that have dealings with many exchange companies, was controlling the circulation of tens of millions of dollars daily outside the legal context."
Parliamentary Finance stresses the necessity of accelerating the implementation of the comprehensive banking system
Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, stressed today, Wednesday, the necessity of accelerating the implementation of the comprehensive banking system, while stressing the importance of facilitating loan granting procedures.
The media office of the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement received by Mawazine News, “Al-Atwani chaired a session hosting government bank directors, to discuss ways to achieve banking and financial reform in the country,” noting that “the meeting, which was attended by representatives, members of the Finance Committee and bank directors Al-Rafidain, Al-Rasheed, Real Estate, Industrial, and Agricultural, discussed a number of important files related to the work of government banks, including mechanisms for granting banking facilities in granting loans and reducing interest rates and other services.”
He added, "The meeting reviewed the steps for preparing the banking reform paper in line with the government program, through the implementation of the comprehensive banking system."
Al-Atwani stressed "the necessity of accelerating the implementation of the comprehensive banking system," pointing out that "we will hold joint specialized workshops in order to prepare a draft of the government banks work law. " He stressed "following up on the steps to prepare the banking reform paper," expressing his support for "efforts to improve and advance this vital, important sector."
He pointed to "the importance of facilitating loan granting procedures and studying their economic feasibility in order to achieve development," explaining that "automating systems and programs is the only way to get rid of routine and fight corruption."
He stressed "accelerating the completion of the steps to transition from the paper system to the electronic system for all sectors and institutions," pointing to "the importance of preparing data centers in accordance with the standards of the Central Bank and international banks."
He stressed, "The Real Estate Bank must complete lending transactions for citizens who have completed disbursement procedures within the housing initiative." link
