"REFORMS IN IRAQ WILL TAKE PLACE THROUGHOUT THIS YEAR" BY GOLDILOCKS, 8 FEB

GOLDILOCKS

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in Iraq, Mr. Richard Abdel Nour.

During the meeting, they discussed enhancing bilateral cooperation between the Central Bank of Iraq and the World Bank and discussing electronic payment projects and financial inclusion, as well as reform programs to enhance the stability and development of the financial sector.

The two parties also discussed the support of the World Bank to provide advice in establishing the Riyada Bank dedicated to financing small projects in Iraq, with the support of the International Finance Corporation.

In turn, the World Bank delegation praised the procedures of the Central Bank of Iraq in facilitating financial transfers to different segments in Iraq, noting that the infrastructure of electronic payment systems and software systems in Iraq are among the best systems in the region.
 
Central Bank of Iraq  Information Office  7 February – 2024  https://cbi.iq/news/view/2511

Economic Reforms in Iraq are currently being implemented. This does not mean it will happen all in one month. Some of these reforms will take place throughout this year.

In other words, the Central Bank of Iraq and the World Bank are currently in process of implementing their new digital asset-based trading system into the Global Markets.  https://cbi.iq/news/view/2511 

© Goldilocks

Iraq Dinar - Formula for New Pricing - Al -Sudani - Opportunity - Exit C...BY MILITIAMAN

A Former Central Bank Official Rules Out The Collapse Of The Iraqi Banking System As A Result Of US Sanctions, 8 FEB

 A Former Central Bank Official Rules Out The Collapse Of The Iraqi Banking System As A Result Of US Sanctions

2024-02-08 Shafaq News/ Mahmoud Dagher, an economist and former general director of the Central Bank, ruled out, on Thursday, the collapse of the banking system in Iraq following the sanctions imposed by the US Treasury on a group of banks in the country.

Dagher said in an interview with Shafaq News Agency, "The collapse of the banking system due to these sanctions and restrictions will not happen despite the continued pressure of this intensity that is harming these banks."

He added that there are no real reasons for these sanctions, adding that the US Treasury only restricted these banks from obtaining the dollar.

Dagher stated, “Because there are no reasons, and because the case is suspicious, it is not a penalty, but rather a restriction on those banks, but it results in harm to them, to the people, and to the import financing process.”

He stated that the penalties came based on the banks’ dealings with suspicious financial transfers during the past year 2023.

The day before yesterday, Tuesday, Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, called on the United States of America to reconsider the sanctions imposed on 21 Iraqi banks that contribute to financing the food basket items for families with limited income, as the Iraqi Ministry of Foreign Affairs announced on Wednesday.

In July 2023, the US Treasury Department imposed sanctions on 14 Iraqi banks in a crackdown on Iran’s dollar transactions.

An official document issued by the Central Bank of Iraq this February showed that 8 Iraqi banks were banned from participating in the foreign currency buying and selling window.

Iraq has more than 70 private banks, a relatively new feature in a sector that was almost entirely under state control until the fall of Saddam Hussein's regime after the US invasion in 2003.   LINK

JUDY NOTES, 8 FEB

 Global Currency Reset Judy Note: What We Think We Know as of Thurs. 8 Feb. 2024:

• It has begun. The Chinese Elders have released Dubai 1 Funds into Paymaster Accounts for Tier 1 (countries internationally) that were now liquid and being paid out.
• Dubai 2 funds for Tiers 2,3,4a (Groups) were released on Sun. 4 Feb. and would be liquid on Fri. 9 Feb.
• Dubai 3 funds for Tier 4b (Us, the Internet Group) were released on Wed. 7 Feb. and would be liquid by at least Sat. 10 Feb.
• Sat. 10 Feb. was the beginning of the Chinese New Year when BRICS countries would be informed of their new currency rates and Tier4b funds deposited on Wed.7 Feb. would be liquid in Paymaster Accounts.
• Wed. 8 Feb. Texas Snake: “My Banker has remained on the West Coast due to his wife’s health condition but assures me he is in contact with Reno and will advise me as soon as he get his notifications which should occur just before the emails and 800 numbers are posted.  Says all remains positive.”
• Mon. 6 Feb. Wolverine: “I just received news from my contact and he was expecting the call today but he said that everything is lined up for Wed. 7 Feb. We just have to wait for a couple of days. Just for your tranquility let me tell you that this is real as it is happening and the paymaster cannot hold on to that money any longer as it’s not their money as it belongs to the people. It is definitely going to be a beautiful week. Please have faith.” Blessings, Wolverine.

https://dinarchronicles.com/2024/02/08/restored-republic-via-a-gcr-update-as-of-february-8-2024/

N*E*S*A*R*A The new Quantum credit cards 02/07/24 BY PIMPY

Coffee with the Codeman 2/8/2024

Iraq calls on Washington to return to negotiations to discuss the future of the “coalition”, 8 FEB

Iraq calls on Washington to return to negotiations to discuss the future of the “coalition”

February 8, 2024 01:22

The Iraqi Ministry of Foreign Affairs announced yesterday that Foreign Minister Fuad Hussein stressed in a phone call with US Secretary of State Anthony Blinken the necessity of returning to dialogue and the negotiating table to discuss the future of the international military coalition led by the United States in Iraq.
The talks between the two countries began in January, but less than 24 hours later, three American soldiers were killed in an attack on the Syrian-Jordanian border, which led to the talks stopping since then.
The Iraqi Foreign Ministry statement said that during his call with Blinken, Hussein stressed the Iraqi government’s rejection of such attacks and informed him that “Iraq is not an arena for settling scores between rival countries.”
The United States has 2,500 soldiers in Iraq who provide advice and assistance to local forces to prevent the return of the terrorist organization ISIS, which in 2014 took control of large parts of Iraq and Syria before its defeat. 
After the withdrawal, Iraq is keen to establish bilateral relations with coalition members, including military cooperation in the field of training and equipment.
Hussein formally called on the US Treasury Department to reconsider the sanctions it imposed on several Iraqi banks, and asked whether those sanctions had been imposed due to compliance issues or “for other political reasons.”

https://www.aletihad.ae/news/%D8%B9%D8%B1%D8%A8%D9%8A-%D9%88%D8%AF%D9%88%D9%84%D9%8A/4462120/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%B7%D8%A7%D9%84%D8%A8-%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-%D8%A8%D8%A7%D9%84%D8%B9%D9%88%D8%AF%D8%A9-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D9%85%D9%81%D8%A7%D9%88%D8%B6%D8%A7%D8%AA-%D9%84%D8%A8%D8%AD%D8%AB-%D9%85%D8%B3%D8%AA%D9%82%D8%A8%D9%84–%D8%A7%D9%84%D8%AA%D8%AD%D8%A7