Al-Sudani: It Is Important That World Bank Reports Realistically Reflect The Policies Of The New Government
Time: 01/17/2024 08:59:10 Read: 390 times {Politics: Al-Furat News} Prime Minister Muhammad Shiaa Al-Sudani met, on the sidelines of his participation in the Davos Economic Forum, with the President of the World Bank Group {Ajay Banga}.
The meeting discussed, according to a statement from the Prime Minister’s Office, a copy of which {Al-Furat News} received, “cooperation relations between Iraq and the World Bank, in various economic fields, which contribute to supporting the government’s efforts and strategic plans, towards more investment and development opportunities in Iraq.”
He added, "The meeting also witnessed a review of the measures and steps taken by the government and the Central Bank of Iraq, in terms of financial and banking reform.
The projects financed by the International Finance Corporation (IFC) were also discussed, most notably the rehabilitation and development project of Baghdad International Airport." The Prime Minister stressed
"the importance of World Bank reports reflecting, realistically, the new government's policies that were implemented in the economic and banking sectors and supporting the private sector, which aim to diversify the economy, increase its growth, and achieve financial stability, in light of the challenges facing the region and the world."
For his part, Banga praised the government's measures in the field of modernizing and developing the banking sector, stressing his support for those measures, especially with regard to the implementation of the electronic payment system.
Welcome, everybody to the big call tonight. It is Tuesday, January 16th and you're listening to the big call. welcome everybody around the globe and you’re getting our call through our satellite team, which is wonderful and great and thank you for listening and tuning in everybody.
I hope everybody had a wonderful day yesterday in the States, it's a holiday we had, Martin Luther King Day and that was a nice holiday here, I think it was a Federal holiday here in this country.
Let's see where we stand. And I was hoping I get a call during this call with some last minute intel that I was hoping would come in, and I don't have that call yet. And I don't really want to hesitate so I'll just give you what, what we have so far today.
Okay, here we are on the 16th. We were looking for this to happen anywhere from now, through probably Friday. We have heard one source of very high respected source, talking about notifications tomorrow, or Thursday, but probably tomorrow, Wednesday. And then the possibility that in for appointments as early as tomorrow evening, let's call it and but for sure, by Thursday.
Now, that's a very popular timing to say Wednesday. and Thursday.
And I'm telling you guys, I can't we just cannot absolutely prove it. So many of these sources that we have have gone dark. They've gone gag order, new NDAs but we have heard a little bit come through this pointing towards this week - and more toward Wednesday, Thursday.
OneSource came through and said before Friday, exchanging before Friday, well, that leaves tomorrow, and Thursday. Now if that's true, and I think there's a possibility - We should get done this week.
I want to clarify something that was put out a little while ago came to my attention because it's been a couple of times it's coming out but somebody put out something online, and talked about having nine or 11 stations at the redemption center that we would go through. Well, that is absolutely false.
We don't have any stations to go through the redemption center. It's not happening. What did happen with bondholders in Reno, in Geneva in Miami was they did have stations to go through for their bonds.
That's not us. that was tier three, but don't conflate that with what we're going to experience at the redemption centers.
We expect to be sitting down in an office with about three to four people opposite us at the desk. That would be a US Marshal, US Treasury Marshal is to make sure nothing goes haywire. You're gonna have one person on a delarue machine - - that would be counting and verifying currency.
So one person is going to be doing zim if you have zim. and two or two other one or two other people would be handling your other currencies if you have them.
So they've got that setup and you might have even two or three delarue machines two per office is what the last setup was. They feed that information from the delarue into a laptop computer, and then they work the laptop into a - Here's the word again - quantum computer.
So that's how they've got that designed. And so we're not going to move they're going to move to us. We'll have some people that will come in and some people – a different person might come in, but overall we're looking at that kind of arrangement, because remember, they would like us to be in and out of our appointment in 30 minutes.
And if you have bonds other than zim, we're talking about sheet bonds, a box of bonds. You know, these could be anywhere from German bonds, railroad bonds, gold dragon bonds, Red Dragon bonds, etc. If you have any of those bonds in sheet form, you have the provenance for them - You take those in with you to the redemption center.
And they'll have somebody that can go through that bond work with you and the provenance and everything that you have to have to justify that you are the rightful owner of those bonds and you will get that done. But even if you have bonds They don't want you to take more than 40 minutes. If you've got currency and bonds
That's a lot to get done in 40 minutes. Believe me, I know they're going to be quick. Their practice. They're really going to be super fast at setting up our accounts. They theoretically know who we all unless you've been gifted zim - they know who the zim owners are - they know how many are in a given area. I can tell you how many zim holders there are in some areas of the country, Because I've heard it from my sources.
But the point is, they really want the zim in and you know people have seen so in other words, let me finish up that thing before we get to that.
You know, we've been told that you'll have stations, you're not going to have stations at the redemption center – that was for bondholders that was tier three and not for us Okay, got that clear?
Now. The other thing I wanted to mention about let me just think for a second …………….
What they're going to be doing at the redemption center for us. Remember besides the KYC know your customer, they pretty much know who we are already, unless you've been gifted - a lot of people have - a lot of people are gifted a few notes or a couple of one notes or whatever. And they may be just taking that in.
They may not know who you are, when it comes to IDs if you have a passport and a driver's license, government IDs, school ID something - something you know, like that. They only really need one but if they have two bring them - and then of course you need to bring proof of where you live with some form of a utility bill, phone bill, gas bill, electric bill, something like that with your address on it and then beyond that you just bring your currency.
Hopefully you have it semi organized. At least you have your dong with your dong and you don't have your dinar mixed in and all it's all separated, hopefully by denomination. That's not a church affiliation thing. that denomination is whether it's a for example for dinar - Do you have you know 10,000 dinar notes you have 25,000 dinar notes, you have 5000 dinar notes. do you have 1000 dinar notes ? Yes. they did print 1000 dinar dotes
So all of those notes need to be organized together. And I've done it organized for everything so that you've got it in an envelope. It says how many million, 3 million, whatever it is per envelope, and you just have it so you don't want what you have. And they should see what you have and count it and then come up with a rate.
Now – I Will say this the - the word we got - was it today? Today or yesterday? Today was our first bank day since Martin Luther King Day yesterday when our banks were closed. Right. So today we heard that there was an in country rate on the dinar little over $3 - That's in country - for Iraq.
But our rate is going to be - remember what see no Dr. shabibbi maybe said back in December of 2012 at the International Chamber of Commerce meeting, when Bluestar asked him what he thought the rate on the dinar would be to the dollar and Dr Shabibbi said that it would be over sixteen - Well, we're well over that, and we should be in good shape In terms of what they offer us.
Remember - oh here's where I was gonna go before - the Some people have brought my attention about the possibility of Chase and other banks they say are facing bankruptcy starting the 23rd of January. Well, here's the thing.
We are the rescuers of the banks, because when we go in and exchange our currencies and redeem our Zim, the bank will pick up 025 - 025% that goes to the bank --- the individual that helps you do your currencies person, one person for each one of us that exchanges they pick up point.025% - oh point two 5%.
So, the bank will get hydrated. The person that helps us will make money and it'll turn into real money quick especially with the zim - And we will benefit from getting a good and higher rate at the redemption centers. Not at the banks - at the redemption centers - and they're well over 10,000 inside the United States. So, here's the thing.
Why is it win win win for us and the banks - because as we exchange and they pick up a percentage of point 0 two 5% (.025) we get the highest rates. Do not be surprised, though, make sure you're sitting down when you get offered a quote unquote contract rate on the dinar.
Because I know it's going to be very amazing. And I've heard of these rates before and I've been keeping up with them. It's gonna blow your mind. So hang in there that should be offered to you. And it's a win for you. It's a win for the bank. and it's a win for the person exchanging you.
Okay, so that's a really good deal.
The Dong is also going to be at a really good rate way higher than we thought in the old days, way higher and where they do not have a contract rate on the Dong – And never have - we understand, they will offer us a very substantial higher rate.
We've talked about the Zim being on par with the USN and previously with USD - and now with USN - And I think you guys understand what on par means. If you haven't picked it up by you know you should.
That is going to be a tremendous, tremendous boost and believe me - these banks want the zim in there Yesterday - they want it in!! They want to take care of the Zim holders first, Zim holders have priority.
Zim holders have priority for the Med beds. Alright, enough about that.
So - what we're looking for hopefully, is notifications tomorrow, and exchanges either tomorrow evening or Thursday.
And I know it sounds like that's what I say all the time. Blah Blah Blah - I get it. I get it - I'm only giving you what I'm getting from the top sources .
And I know that I do get access to information that other people don't get I know that and a lot of the stuff I'd love to tell you. it's about things going on with military and with clean up and all of that. but I really can't go there. I just can't go there. That's not a good thing. Just can’t do it
So let's do this. Let us continue to stay in faith for this to go as I've put it out to you to night. Let's go forward with it. And let's believe for it to manifest tomorrow and or Thursday.
Let’s see where this goes. Because I'm ready for it. I think you guys are ready to aren't you. I'm more than ready, I'm starting my 13th year of the big call. I didn't expect it. I didn't expect to go this far. But we are we are ready. And I think you're all ready.
Let's go ahead and pray the call out and we'll go from there. Just remember this though, guys, one more thing before we do that.
If you've sent in your email to big call universe.com. - and you want to get your 800 numbers when they come out. we will be sending those out right away as soon as we can.
We'll also post on our homepage, the 800 number for us to call to set your appointments. Okay, with that, we'll be on our homepage. When we no longer are doing these live calls. We'll use we'll record a podcast or record something that we're doing with our projects. And we'll want to send it out to you.
So let's pray. the call out.
And I want to thank everybody first of all, thank you sue, for amazing basic teachings and amazing segments that you've done and Bob, you too as well. Thank you for manning the boards and putting them up and for your segments about health and nutrition and supplementation.
Well, and everybody out there call universe Thank you for listening.
Tues. 16 Jan. Bruce: Tier 4b (us, the Internet Group) were looking for notification to set appointments anywhere from now throughFri. 19 Jan. It could happen tomorrow Wed. 17 Jan. or Thurs. 18 Jan, but likely tomorrow, and then we could go to our exchange/redemption appointments by Wed. 17 Jan. evening orThurs. 18 Jan.
Tues. 16 Jan. began the process of adjusting Capital requirements in gold to be infused into the new digital economy and we moved to the final rule stage of Basel 3 compliance in our banking system. (Chase bank announced IQD rate at $3.04. …Capt. Marvel)
Texas Snake: Tier4b will receive notification around the first of next week and be able to set appointments starting Thurs. 18 Jan.
US National Popcorn Day is Fri. 19 Jan. 2024.
On Tues. 23 Jan. all banks across the Globe not Basel 3 Compliant (have gold asset-backed monies) will automatically collapse, plus the Cabal owned JP Morgan, which is a shareholder in the Bank of International Settlements, was scheduled to file for bankruptcy.
The fiat US Dollar was expected to be considered useless by around 11 March 2024.
GCR Recent History:
Mon. 15 Jan. In Dec. everything was ready in place to go. During Jan. all systems were being implemented through the monetary reform education. As oftoday 15 Jan.they’re all international – from private banks like the one Aki [Iraqi bank friend] represents to international markets. It’s what we expected. There’s not more to say because everything is in print now. …Walkingstick
On Mon. 8 Jan. Redemption Center leaders and bank managers gave their individual access codes to the US Treasury, where they were locked into the new Quantum Financial System (QFS).
On Wed. 10 Jan. 2024 all qualified banks around the World connected to the new gold/ asset-backed QFS on the new Star Link Satellite System.
Central Bank: We Addressed All The Problems Facing The Electronic Payment System
Economical 01/17/2024 Baghdad: Hussein Thaghab The Central Bank revealed that it is addressing the problems facing the electronic payment system, in coordination with financial institutions, indicating at the same time that the system is moving towards stability.
The Director General of the Information Technology and Payments Department at the bank, Adnan Asaad, told Al-Sabah:
“The year 2023 witnessed the most important breakthrough in the field of electronic payment, and the
Iraqi government seriously supports the efforts being made in detailing the development of electronic payment,” noting that “follow-up is continuing from Before parliamentary and governmental bodies to advance the reality of electronic payment.
Asaad expressed his great optimism in the year 2024, as it will be the year of achieving great achievements in the field of electronic payment, stressing that the crisis that has befallen the country due to the poor use of cards and electronic payment tools has left a negative impact, but
thanks to the measures taken in cooperation with international financial institutions, many issues have been addressed. Of the problems and that the electronic payment system has tended to stabilize.”
For his part, Member of Parliament Hussein Arab stressed the necessity of activating the role of the private sector and making it a basis for the process of economic advancement,
which requires the presence of advanced financial services that rise to global standards, pointing out that the world has come a long way in digital transformation and we must keep pace with the developments that the world is witnessing in this field. the important.
As for the Executive Director of the Association of Private Banks in Iraq, Ali Tariq, he stressed the continuation of efforts to enhance the culture of electronic payment, which represents a governmental and legislative direction for the next stage.
He pointed out that the Association of Banks and Large Financial Institutions is working to spread the culture of electronic payment because it realizes the importance of digital transformation and providing quality services to all segments of society, especially since Iraq is a market that requires great efforts due to the large volume of transactions.
As for the Investment Director at the International Smart Card Company, Ahmed Kazem, he explained the importance of digital transformation and thatit should be coupled with the launch of advanced electronic payment products that maintain money paths with high transparency.
He stressed that government support for the digital transformation process facilitates many operations and makes services rise to global standards in providing advanced products that suit the growing Iraqi labor market.
The founder of the (Electronic Payment Culture in Iraq) platform, Nabil Al-Najjar, stressed that Iraq cannot move away from the global financial system,
especially since it is an important axis in the global economic arena, which requires us to work to keep pace with the global developments that the world is witnessing in the financial sector, which represents the axis. The most important in the process of economic development.
He stressed that the country is moving in the right direction in the field of digital transformation, and the most important thing in this axis is the citizen’s interaction with electronic services, the spread of which is expanding in an acceptable manner. https://alsabaah.iq/90589-.html
“Things are happening. Dubai 1 got released and finalized and Dubi 2, not sure if it finalized or not, but it is getting finalized and funded. When Dubai 1 and Dubai 2 are both finalized, then things will happen quickly.
It is the nucleus for things to start and this cascades our liquidity. In Brazil it is already taking place (Liquidity).
Whales getting travel expenses to go where they need to go to receive their blessing.
This is a good sign. Other whales got their notifications and are to receive their blessingsthis week. Tomorrow I hope to hear more news, as we are waiting to get the notifications this week for the Tier4B group.”