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Why impose electronic payment at all gas stations starting next year?, 23 NOV

 Why impose electronic payment at all gas stations starting next year?

 Today, Wednesday (November 22, 2023), the Petroleum Products Distribution Company revealed the reason for adopting electronic payment at all gas stations, starting at the beginning of next year.

The company's general manager, Hussein Talib, told "Baghdad Today", "The trend towards adopting electronic payment at all gas stations, starting from the beginning of next year, aims to end the process of selling above the price, which the majority of citizens complained about."

Talib stressed, “The Petroleum Products Distribution Company is following up on the work of the stations, and will take all legal measures against anyone who tampers with the pricing of selling petroleum products at the stations. We also call on citizens to inform the company of any case of tampering, and the decision to adopt electronic payment at gas stations came to prevent This manipulation is common in most countries of the world.”

Earlier today, Wednesday, the Ministry of Oil set January 1, early next year, as the date for adopting electronic payment at all gas stations.

The Ministry of Oil had actually introduced a number of gas stations on the Rusafa and Karkh sides in Baghdad, with an electronic payment system.

The Iraqi government is moving to activate the electronic payment system for several reasons, the most important of which is eliminating cash dealing and withdrawing financial liquidity from the street, as specialists’ estimates indicate that more than 90% of the cash supply is outside the banking system. link

Oil: Adopting electronic payment systems at all stations early next year, 23 NOV

   Oil: Adopting electronic payment systems at all stations early next year

11/22/2023

The Ministry of Oil announced, on Wednesday, the adoption of electronic payment and the suspension of cash dealing at fuel filling stations, starting from January 1, 2024.

The Ministry stated in a statement that “based on the directives of the Council of Ministers in its session numbered 23620 of 2023, held on 10/31/2023, related to activating... Electronic payment service, adopting modern automation systems, and ending cash dealing.

Accordingly, and in line with government directives, the Ministry of Oil, the Petroleum Products Distribution Company, decided to adopt electronic payment systems in all stations and suspend cash dealing, as of January 1, 2024.”

The statement added, "Citizens must cooperate with the Petroleum Products Distribution Company by adopting modern mechanisms and means in the distribution sector to serve the public interest, by acquiring approved electronic payment cards so that everyone can refuel according to the new mechanisms, and benefit from the services provided in the distribution sector."   LINK

"RV UPDATE" BY BRUCE, SAMSON & CLARE, 23 NOV

 Bruce

   [via WiserNow]  Think everything is in full prep mode ready to roll.  Now what could happen - we don't know...do not know if tomorrow is in play – Thanksgiving night might be in play for notifications. 

Start of everything could be Friday...you know, we just don't know...I think it is possible they will let us have our numbers and we set our appointments for Friday...

Samson

  Article:   "The dollar in Iraq... Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”

 Clare 

 Article:  "The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful” 

 Quote:  "Monday (November 20, 2023), an informed source reported an expected meeting between the Central Bank of Iraq and the US Treasury Department next week."

Whiskey and Wisdom with MarkZ and friends. 11/22/2023

The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”, 23 NOV

 The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”

11/21/2023   Baghdad 

The Finance Committee in the House of Representatives said today, Tuesday (November 21, 2023), that the dialogues taking place between the Central Bank of Iraq and the US Department of the Treasury are very important to find solutions to the dollar crisis in Iraq.

Committee member Moeen Al-Kazemi told Baghdad Today, “The monetary and financial authority in Iraq is making great efforts through negotiation and dialogue with the US Treasury Department in order to find quick and lasting solutions to the dollar crisis, and these dialogues are very important “

Al-Kadhimi stated, “Over the past few days, Iraq has reached important solutions with the American side, and the dialogues have been successful. Therefore, new meetings must be held to present more solutions that strengthen the Iraqi dinar, prevent any scarcity of the dollar in Iraq, and support the Iraqi banking sector.”

Yesterday, Monday (November 20, 2023), an informed source reported an expected meeting between the Central Bank of Iraq and the US Treasury Department next week.

Government sources recently spoke about an agreement concluded between the Central Bank of Iraq and the American side, which resulted in an increase in the number of banks that can directly enhance their balance in dollars to 10 banks, 5 of which are through Citibank, and the other five are through Bank GB Morgan), according to the Iraqi News Agency.

He also revealed that the number of Iraqi banks whose balances in Chinese yuan will be strengthened through the Singapore Development Bank has increased to 13 banks, while the number of banks whose accounts in Indian rupees with the Singapore Development Bank have been strengthened is 2, and Other banks will be added during the next two weeks.

Other meetings were held that brought together an Emirati bank, the Central Bank of Iraq, and the American side, to implement the mechanism for enhancing balances in the Emirati dirham for Iraqi banks, where all the technical details were resolved, and it is expected that The mechanism for enhancing balances in the Emirati dirham will begin during the next few days. LINK

Deputy: Removing American forces is a strategic necessity for three reasons, 23 NOV

  Deputy: Removing American forces is a strategic necessity for three reasons

Representative Salem Al-Anbuki confirmed, on Wednesday, that the removal of American forces is a strategic necessity for Iraq in three dimensions.

Al-Anbuki said in an interview with Al-Maalouma, “The bombing of the Popular Mobilization Forces by American aircraft is a crime, an attack on the country’s sovereignty, and a blatant violation of all laws,” pointing out that “what happened is a massacre, especially since the list of martyrs has reached 8 so far.”

He added, "Implementing the House of Representatives' decision to immediately remove American forces is a strategic necessity for Iraq in three dimensions to end its violations against the Iraqi security formations. In addition, it does not provide any real support to the country in confronting terrorism, and the country has great capabilities to defend the security and stability of all provinces and ward off terrorism." Strong internal and external risks.

He pointed out that "we are awaiting a position from the government regarding the crime of targeting the Popular Mobilization Forces in Jurf al-Nasr because it was targeting an official government force that was carrying out the duties of combating terrorism and securing liberated areas."

American aircraft bombed one of the headquarters of the Popular Mobilization Forces brigades in Jurf al-Nasr, resulting in martyrs and wounded. link