Iraq’s Security Situation: Commander-in-Chief Chairs High-Level Meeting, 29 NOV
Commander-in-Chief of the Armed Forces, Mohamed Shia Al-Sudani, presided over an important meeting of the Ministerial Council for National Security to discuss the prevailing security situation in Iraq. The meeting was held with the primary aim to address efforts to enforce law and order by combating terrorism and tackling organized crime gangs.
Strengthening Security and Intelligence Agencies
The council reviewed the employment grades allocated to security and intelligence agencies within the Federal Service Council. They deliberated on the tests conducted for candidates vying for the remaining positions, with an intent to bolster these agencies with top talents. The main objective of the council was to ensure the best minds were put to work for maintaining national security.
Resolving Residency Issues
The attendees discussed the procedures of the Diwani Order Committee No. (22220) for 2022, aiming to establish a permanent central supportive committee. This committee is entrusted with the responsibility of resolving residency issues between the federal government’s Ministry of Interior and the Kurdistan Regional Government.
Regulating Military Convoys
The meeting emphasized the importance of organizing the movement of military convoys through a movement letter issued by the Joint Operations Command. Checkpoints are to monitor compliance with these regulations. This move is expected to bring greater order and discipline in the movement of military personnel and equipment.
Preparations for Upcoming Provincial Council Elections
Another important point of discussion was the preparations for the upcoming provincial council elections scheduled for December 18. The Commander-in-Chief directed legal action against anyone found exploiting state resources to influence voter choices and to prevent any instances of extortion. He also ordered an investigation into reports of attempts to exploit social security network beneficiaries in the voter card distribution process.
Article from [Advisor to the prime minister] Salah. I love Salah. You always come with the good news...He says ...the Iraqi dinar is going to master the currency of the world soon. That's what we're working hard for and it's going to master it. A lot of people do not know what you guys know.
Great news this morning...They start them leaving the country to discuss the exchange rates between countries.
They're going to start with Turkey... Article "Delegation will head to Ankara Turkey tomorrow Monday to discuss regulating trade exchange between Iraq and Turkey"
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Coffee with MarkZ, Militia man, and Andy Schectman. 11/29/2023
Good Morning Everyone ! Looks like a Jam-packed line-up today
Member: We are all so ready for things to start...
MZ:”Central Bank Governor: Washington responds to all that Iraq needs in terms of dollars and meeting with it next month 28th of Nov. ” This article was from yesterday. Quote “There are no restrictions on Iraqi funds abroad” This is what we call “International” Awesome things are coming out of Iraq.
Member: I hope Bruce got it right last night. He says notifications are incoming.
MZ: I can tell you that is the chatter our of one of the largest banks concerned with this…..we will see.
Member: I am hearing that a Dinar rate announcement is likely in the next couple days ... are you hearing the same with reason for confidence? Thanks!
MZ: I am hearing that.
Member: Frabk26 said 6 type of Lower Denoms were release
Member: please explain what the 3 0's are dropped FROM
Member: A special treat. Militia Man is visiting. How nice
MZ: Welcome MilitiaMan…So glad you could make it. What do you hear today?
MM: I do have a few things that have been ongoing….i can hopefully set the stage for a few people.
MM: This month has been a busy month for Iraq. They have been having meetings in all shapes and forms . They have been correlation with others from around the world. Europe, Great Britain, The UAE, Abu Dabai……all these countries have things ongoing with Iraq.
MM: There has been some interesting meetings. There is a automated system for customs data meetings….….The WTO meeting started on the 31st of October through the 3rd…then there was more meetings throught the 6th-8th on the technical side of it.
MM: More meetings in Erbil from the 11th through No. 14th. They sponsored trade fairs with 100’s of companies this month. Trade fairs are big. I think the first trade fair was in Basra in the south with about 200 companies and countries attending. This was all about the private sector.
MM: On the 22-28th which was just past….was another trade fair again with over 200 countries and companies attending. To boost the private sector and business. That is what Iraq is doing.
MM: The 2023, 24, and 25 budget has some issues that have not been opened yet for projects but these companies and countries are coming to reconstruct the country of Iraq. …Look at the Development/road project will effectively build cities with millions of houses. All of these businesses around the world are showing up.
MM” Back to the automated system for customs date or Asycuda (sp?) and the bottom line is they had meetings with the IMF on “customs laws” and they did that on Nov 6th through the 17th. So you can see these meetings overlap .
MM: Hopefully Iraq will be using their REER or real effective exchange rate in this new customs system. What does it do?…It fights corruption, it’s transparent and it is fast and accurate.
MM: There has been a lot of corruption and graft at Iraq’s borders. This system will curb that. I don’t hink anything can stop this now. Everything is coming to a head.
MM: During this month…Turkey is also in negotiations with Baghdad who sent a delegation there the beginning of this week. They are talking about many different things like oil. The Ceyan port has been receiving oil since March. They are losing Billions every single day this way and they now have a pipeline that the oil is ready to flow beginning today.
MM: The next thing is serious talks about the HCL (Hydro Carbon Law) in Erbil. Remember Al Sudani went to Erbil to discuss the HCL from Oct to the present…He was there off and on for several days. This all seems to be hammered out and one of the key components we will see is a Internationally acceptable , article 8 compliant exchange rate.
MM: Remember the 2023 budget is an “Investment budget” ad they have not started those projects yet. And why haven’t they finished the hydrocarbon law which is money for the people? It’s because they need a revaluation for that. That is my opinion. They need a new rate for all those contracts.
MM: Now we are seeing everything coming together. Another thing to look at is Dec 7th. The IBBC (International Bank of Business and Credit) autumn conference. This is leading companies out of Great Britain. It will be packed with speakers. From GE, Siemans….all kinds of oil companies…..ect….Some of the really high up people in this world will be there. You can google it and see all the different people that will be there.
MM: This all paints a picture that Iraq is going International big time…Iraq is considered to be one of the world’s wealthiest nations with vast reserves……They have the money they need for a new real effective exchange rate. With the oil, natural gas, sulfer, precious metals ect…..they can afford it.
MZ: And the rare earth minerals….Iraq has just discovered…..Iraq is worth much more now than when the rate was $3.22 over 20 years ago.
MZ: When we look at all the boxes Iraq has checked off…..are they waiting for anything to revalue? I think they are far more done then they are telling us. Honestly anything else they want to do could be done in 2 seconds flat…imo
MM: I think that is safe to say and is probably true. We are real close.
MZ: Thanks for joining us today. Anything else you want to share?
MM: Its just nice to know that everything has come together and we are seeing things happening…I believe nothing can stop it and soon they need to expose it to us all.
MZ: You can watch his videos at Patreon and youtube. Please look for MilitiaMan and Crew.
Member Thanks to everyone sharing today….:
Member: Mark thank you eternally for what you do for our community…Thank you MilitiaMan and Andy as well.
Membee: Thanks for all the great intel here! Blessings to you and all here!
Andy Schectman from Miles Franklin joins the stream as well today. Please listen to the replay for his information and opinions.
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SUDANESE ADVISER: THE BATTLE OF THE DOLLAR IS COMING TO AN END
Al-Rikabi said in a post on the X platform, followed by Earth News: “The reform plans for the financial and banking system carried out by the government and the Central Bank of Iraq aim to build strong pillars for the stability of the economy and pave the way for creating a climate conducive to investment, and ending the eras of illegal trade, dollar smuggling and speculative operations in the market.”
“In short, the battle for the dollar is coming to an end,” he added.
More news….
MOODY’S MAINTAINS IRAQ’S RATING AT “CAA1″… WHAT DOES THIS MEAN?
Moody’s credit rating agency maintained its rating for Iraq’s economy at the level of “Caa1” and maintained a stable future outlook.
The agency said in its report that the classification comes under accreditation economic, financial and external impact on the oil and gas sector, resulting in significant exposure to oil price fluctuations and carbon transition risks.
More news….
UNITED NATIONS: WE SEEK COOPERATION WITH IRAQ TO MAKE THE FINANCIAL FUTURE A SUCCESS
The Resident Representative of the United Nations Development Program in Iraq, Oki Lootsma, confirmed today, Monday, the pursuit of cooperation with Iraq to make the financial future a success.
Lootsma said in his speech during the conference launching the Financial Investigation Procedures Guide, which was attended by the Iraqi News Agency (INA) correspondent: “The United Nations Development Program is honored to cooperate with Iraq to enhance financial integrity and the success of the financial future in Iraq, as well as achieving long-term continuity. We declare the fight against organized crime.” And combating money laundering, which is very important.”
He added, “The process of drafting the guide highlights a large cooperative program for the 11 institutions that guarantee the judiciary, integrity, the Financial Supervision Bureau, offices for combating organized crime, and the relevant institutions, as well as the institution of this work.”
He continued: “We are pleased with the great cooperation that will lead to important results.
A GOVERNMENT ADVISOR EXPLAINS THE MECHANISM FOR SELLING THE DOLLAR OUTSIDE THE CENTRAL BANK PLATFORM
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, explained the aim of the Central Bank’s circular today regarding trading the dollar from outside the platform according to supply and demand, indicating that it will provide high flexibility in supply that contributes to market stability.
Saleh explained in a press statement, “Liberating the operations of buying and selling foreign exchange is not an alternative to the policy of defending price stability and the government’s plan to interfere in the stability of the general level of prices.”
Saleh added, “Families, natural and legal persons in Iraq are hoarding amounts of cash in foreign currency and outside the banking system amounting to billions of dollars and are subject to two phenomena.
(Folks this article is part of the education phase. We still have to see more directly at the citizens and the 3 zero note swapping.) Please go to the Articles Section to read the entire article. WOW! WOW! WOW!
