DINAR REVALUATION

Monday, January 22, 2024

Iraqi Dinar SUNDAY Surprise News Update Dinar IQD High Rate Soon Iraqi D...

2024 and “Curse the corrupt”... Investigations into the “outrageous wealth” of 9 Iraqi officials and “important” decisions within weeks, 22 JAN

2024 and “Curse the corrupt”... Investigations into the “outrageous wealth” of 9 Iraqi officials and “important” decisions within weeks

Today, Sunday (January 21, 2024), a parliamentary source revealed the existence of unannounced investigations into the wealth of nine Iraqi officials in several governorates.

The source said in an interview with "Baghdad Today", "A lot of evidence was presented by representatives and figures about the file of the extreme wealth of some officials in Baghdad and the provinces, amid questions to know the source of that money, especially since they are government employees."

The source, who preferred not to reveal his name, added, “Indeed, there are investigations currently underway into the file of 9 officials,” pointing out that “extreme wealth is a real source of concern that has prompted the regulatory authorities to open important files in the past months in order to clarify the sources of that money, which some have tried to do.” It involves purchasing real estate and land.

He pointed out that "2024 will witness a qualitative shift in the fight against corruption, especially in the suspicious wealth of some," expecting "important decisions to be issued in the coming weeks."

The head of the Federal Integrity Commission, Haider Hanoun, called on Saturday (January 20, 2024) to support the regulatory system and cooperate with it in its endeavor to eradicate the scourge of corruption and prosecute its perpetrators.

A statement by the Commission, received by “Baghdad Today”, stated that “Hanoun stressed, in his speech at the First Conference of Legal and Political Sciences, which was held by the College of Law and Political Sciences - Iraqi University, entitled (The Relationship between Democracy and Regimes), the necessity of preserving the foundations of the democratic system in Iraq and protecting its institutions.” Constitutionalism is one of the dangers facing it, the most dangerous of which is corruption,” pointing out that “the Constitution, which is the supreme legal document, went to establish independent federal bodies, the most important of which is the Federal Integrity Commission, in accordance with Article (102) thereof, with the aim of protecting the gains of that democratic system.”

While the Deputy President of the Karkh Court of Appeal and the competent judge of the Supreme Anti-Corruption Committee, Judge Zia Jaafar, explained, on Monday (January 15, 2024), the nature of the decisions and judicial procedures taken in the past period to fight corruption, while pointing to the strategy to combat this scourge link

"ANALYSIS OF IRAQ NEWS" BY GOLDILOCKS, 22 JAN

"ANALYSIS OF IRAQ NEWS" BY GOLDILOCKS

Baghdad (IraqiNews.com) – "The Iraqi Prime Minister, Mohammed Shia Al-Sudani, met on Thursday with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who welcomed Baghdad’s accession to a non-financing program to support economic reform in Iraq."

The IMF is expected to move forward with a non-financing program in Iraq beginning next month.

An unfunded debt is a short-term Financial obligation that comes due within a year or less.

It is a short-term contract whereby two entities agree on a non-performance-based payment, and the monies received are on a limited basis.

In other words, Iraq is planning on using a limited support system from the IMF to push their Economic Reforms out in February of 2024.

https://www.iraqinews.com/iraq/imf-welcomes-iraqs-entry-into-non-financing-program/

https://www.lawinsider.com/dictionary/no-financing#:~:text=No%20financing%20means%20that%20the,only%20on%20a%20limited%20basis.

iraqi dinar✅PM Shia Al Sudani & Central Bank of IRAQ Done Internationall...

Customs Announces An Increase In Revenues Compared To 2022, 22 JAN

Customs Announces An Increase In Revenues Compared To 2022

Economy | 01/21/2024 Mawazine News – Baghdad Today, Sunday, the General Authority of Customs announced an increase in revenues amounting to 28 percent compared to the year 2022.

The authority said in a statement received by Mawazine News, “The authority’s revenues achieved during the year 2023 amounted to (1,033,765,697,521) dinars, with an increase rate of (28%).” Compared to the year 2022, the border customs centers with the highest percentage increase, not the volume of revenues, were the ones where the electronic system was fully implemented.”

She added, "The percentage of increase achieved in Zurbatiya Customs Center was (208%), and the percentage of increase achieved in Al-Mundhiriya Customs Center was (170%), while the percentage of increase achieved in Mandali Customs Center was (147%). As for the customs center, The highest border level in terms of revenues is the Great Welcome Square Customs at an amount of (302,198,276,000) Iraqi dinars, an increase of 75 percent.

The authority continued, “its revenues result from the fees imposed in accordance with the law and instructions in force,” expressing its hope “to maximize its revenues during the year 2024 after completing the implementation of electronic systems in all customs centers.”

https://www.mawazin.net/Details.aspx?jimare=240783

"QFS CONVERSATION WITH GOLDILOCKS", 22 JAN

"QFS CONVERSATION WITH GOLDILOCKS"

Protocol 20 is moving forward January 30th, 2024. It looks like all the pieces of the puzzle are put together at this point on the Stellar Network. Real life sectors of all markets will be tested. Let the games begin.

https://youtu.be/T9lTA54TJVo?feature=shared

Graham Steele, U.S. Treasury Assistant Secretary for Financial Institutions, calls for establishing crypto regulation standards to preempt potential crises.

U.S. Treasury Assistant Secretary for Financial Institutions Graham Steele emphasized establishing standards before potential crises occur. Speaking at a George Washington University Law School event, Steele highlighted the opportunity for policymakers to learn from past financial crises, like those leading to the Dodd-Frank Act and the National Bank Act.

“For crypto-assets, policymakers have a chance to act before a crisis to adopt higher standards that support responsible innovation,” Steele said.

He stressed the balance needed in legislative proposals, advocating for regulations that bolster innovation without compromising existing financial regulations.

https://coinmarketcap.com/community/articles/65a99bdd0e7cd25ca6b0970b/