On Saturday, the President of the Kurdistan Region, Nechirvan Barzani, discussed with the US Ambassador to Iraq Alina Romanowski the outstanding issues between Erbil and Baghdad.
“The two sides exchanged views on the political and security situation in Iraq, relations between Erbil and Baghdad, and talks between the Kurdistan Regional Government and the federal government to resolve issues between them,” the presidency of the region said in a statement.
According to the statement, the two sides agreed “on the importance of maintaining peace and stability in the region and preventing the escalation of tensions. They also discussed US relations with Iraq and the Kurdistan region and other issues of common interest.”
“The two sides discussed the latest developments in the region in general,” he explained.
Wed. 10 Jan. Ginger’s Liberty Lounge on Telegram: Admiral contact: The RV was scheduled for thefirst week of January 2024, actually January 2nd,specifically. Not that we will care, but the RVinternational rate will be retroactive to January 1st.Basically the currency exchange calculations (the “math” he said) within Iraq was not within guidelines at that time.
We are hearing that it has since been corrected. Perhaps they were just pushing it to occur – on what we’ve often been told would be likely – a three-day weekend? A 3-day weekend approaches just around the corner. Iraqi Prime Minister Al Sudani and the Governor of the Central Bank of Iraq Al Allaq are both attending the World Economic Forum in Davos Switzerland for the annual meetingJanuary 14th to 19th. Today Wed. 10 Jan.there is an exchange rate for the Iraqi dinar and the US Dollar.On Mon. 15 Jan. the Iraqi Dinar is to have international rates with multiple international currencies.
Meaning it’ll be tradable, internationally. He goes on to say that “Everyone is expecting theRV on Sun. 14 Jan.The IMF, which is in charge of timing, said, “Anytime Friday to Sunday.” Bond liquidity has to happen first.
Minister of Finance chairs an expanded meeting to organize and restructure banks
Friday, Minister of Finance, Taif Sami Muhammad, chaired an expanded meeting with representatives of the international company Ernst & Young, which specializes in auditing and financial consulting, to determine an action plan and initiate steps to merge and organize a number of the ministry’s institutions and restructure them in line with the objectives of the ministry’s financial and banking sector reform policy.
According to a statement by the ministry, “The meeting discussed the draft submitted by Ernst & Young relating to the organization and restructuring of the Rafidain and Rasheed banks and the merger of the National and Iraqi Insurance companies, and discussed the proposed plan and implementation stages, and determined the frameworks of the contract and drafted them in a way that suits the priorities of reform and development, as well as discussing the study submitted by Before the company, diagnosing the obstacles to transformation, and providing financial and legal solutions and treatments that ensure the integrity of the merger and structuring process.”
The Minister of Finance explained, “The Ministry has a program to restructure government banks and is working on it in cooperation with the Central Bank of Iraq and the relevant international organizations,” adding that the process of merging, structuring, and introducing modern financial technologies will push towards making Iraqi banks acceptable internationally and locally and providing services to the government financial system and individuals. At the same time, determining the roles of the banks and subcommittees, and determining contract durations.”
Sami added, “The Ministry’s vision includes a comprehensive review and evaluation of the work of banks, and carrying out structural administrative reforms, which include providing a package of integrated banking services to citizens and companies and making them more consistent with the national economy that supports achieving sustainable economic development.”
The Minister of Finance stressed “the necessity of benefiting from the expertise of reputable international companies, which can play an effective and essential role due to their expertise and consultations in charting the correct path for the projects implemented by the Ministry in accordance with its financial policy that conforms to international standards and specifications.”
[via PDK] There is a lot of good news coming out of Iraq… Lots of good group chatter...There is all kinds of exciting rumors.
[via PDK] “Sudani: We are proceeding in the wheel of reconstruction and construction despite the challenges facing us” Sudani says they are meeting and fulfilling their promises to the Iraqi people. Part of the wheel of reconstruction is the Monetary reform and the White Papers and making the dinar stronger and more valuable.
The news continues to be great…Things look great and I’m not hearing anything negative...We just have to wait and see what is real …We are getting so many things thrown at us…we don’t know yet what is accurate... Most groups are looking for over the weekend or first of next week…let’s see what happens.
”Here is a great article written last August..”The Kuwaiti Dinar: A closer look at the world’s strongest currency” this talks about the history of the Kuwait dinar and why it is so valued…They have many of the same things going for it that Iraq now has. What does that tell us? The Iraqi dinar should be worth the same or higher…imo
[via PDK] The news continues to be great…Things look great and I’m not hearing anything negative...We just have to wait and see what is real …We are getting so many things thrown at us…we don’t know yet what is accurate...Most groups are looking for over the weekend or first of next week…let’s see what happens.
”Here is a great article written last August..” The Kuwaiti Dinar: A closer look at the world’s strongest currency” this talks about the history of the Kuwait dinar and why it is so valued…They have many of the same things going for it that Iraq now has. What does that tell us? The Iraqi dinar should be worth the same or higher…imo
There has been some incredible chatter, gossip and rumors today. Group contacts have erupted through the day. There are great expectations of last minute changes to compliance over this weekend and our notifications early next week... Other contacts are saying the same thing…the chatter is notifications early next week. Just cross your fingers and hope it’s accurate. I’m kinda excited but going to stay grounded.
Al-Maliki after his meeting with Nechirvan Barzani: The improvement of the situation in Kurdistan affects Baghdad
Shafaq News/ The head of the State of Law Coalition, Nouri al-Maliki, considered on Saturday that resolving the disputes and outstanding issues between Erbil and Baghdad is the responsibility of all political parties in Iraq.
This came in a statement he made to reporters after his meeting with the President of the Kurdistan Region, Nechirvan Barzani, in the capital, Baghdad.
Al-Maliki said in his statement, “The discussions and dialogues between us and the regional presidency and all of our brothers in Kurdistan are continuing because our fate is common, and the improvement of the situation in Kurdistan affects Baghdad positively.”
He added, “There are some matters that need to be addressed, and they are some problems caused by the nature of political work. Therefore, we discussed the course of the political process and the relations between the federal government and the Kurdistan Region. ”
Al-Maliki also said: We discussed some matters related to the security situation in some areas, which are based on the fact that we are partners in achieving stability and security in Iraq.
The leader of the State of Law coalition continued to say: Resolving the differences between Erbil and Baghdad is a duty for all of us, and these problems are not in the interest of the region or Iraq.
