The World Bank praises the steadfastness of the Iraqi economy in the face of global fluctuations, 19 FEB

 The World Bank praises the steadfastness of the Iraqi economy in the face of global fluctuations

Today, Monday (February 19, 2024), Director of the Financial Management Project at the World Bank, Winston Cole, praised the steadfastness of the Iraqi economy in the face of global fluctuations.

The media office of the Minister of Finance stated in a statement received by “Baghdad Today”, that “Minister of Finance, Taif Sami Muhammad, received today, Monday, Winston Cole, Director of the Financial Management Project at the World Bank, and members of the delegation accompanying him,” indicating that “during the meeting, aspects of relations between Iraq and the World Bank, especially in light of the existing cooperation program to complete the implementation of the economic reforms adopted by the Iraqi government.”

For her part, in this regard, the Minister of Finance expressed appreciation for the fruitful partnership between the two sides, stressing “the Iraqi government’s keenness to continue it, and the positive climate it provides for all investors and global financial markets regarding the Iraqi economy,” stressing at the same time “the Iraqi government’s determination to continue promoting reforms.” The structure related to financial and monetary policies and maximizing the role of the private sector in development.

For his part, Cole stressed “the World Bank’s aspiration to continue the distinguished cooperation relations with Iraq and its support for its economic reforms,” praising “the performance of the Iraqi economy and the flexibility and steadfastness it has shown in the face of the negative repercussions resulting from global economic fluctuations.”

He pointed out, "The bank continues to strengthen joint work with the Iraqi government to improve the overall indicators of the economy, deepen the participation of the private sector and complete the ongoing development work."  link

"QUESTION TO MARKZ" BY KOUKLA VIA BEARDED PATRIOTUSA, 19 FEB

 KOUKLA

QUESTION:    Mark, If they are telling you guys to be quiet- Will you still be able to let us know when the RV goes?

MZ: I was told to not give exacts or give details that could get a certain branch  or banker in trouble…or talk about groups that could cause backlash for them. So I am not to share specific details…..I should still be able to let you know when it RV’s.

https://x.com/ImMeme0...

Good big banks are don BY NADER FROM MID EAST

26 international companies express their desire to participate in the implementation of the Baghdad metro project, 19 FEB

 26 international companies express their desire to participate in the implementation of the Baghdad metro project, 19 FEB

Baghdad Today - Baghdad

Today, Monday (February 19, 2024), 26 international companies from six countries expressed their desire to participate in the implementation of the Baghdad metro project.

The media office of the Sudanese in a statement received by "Baghdad Today", that "Prime Minister Mohammed Shia Sudani, received on Monday morning, representatives of the Chinese company (China Railway), which implements the project to develop the Eagles Square in central Baghdad, within the first package of projects to break traffic jams in the capital, Baghdad."

He explained that "the Chinese company, during the meeting, which was attended by a number of advisors to the Prime Minister, gave an explanation of its capabilities and capabilities that enable it to participate in the implementation of the Baghdad metro project, which was recently announced, and the expertise available to it to contribute to the implementation of this important vital project."

He pointed out that "26 international companies from Germany, Italy, Spain, China, India and Qatar expressed their desire to participate in the implementation of the metro project, after announcing it on the eighth of February, and signing contracts with the company specialized in providing consulting services for the project."

"RV UPDATE" TEXAS SNAKE, 19 FEB

 TEXAS SNAKE

Well the banker is very hopeful that no more snags develop this upcoming week and his staff can begin scheduling appointments and we can be completely finished with exchanging by months end.  He will so advise ASAP as soon as he knows.

While Banker insists there is no guarantee that one or more countries can delay the revaluation at this point in time all seems positive to receive conformation to proceed with notifications from Reno in the morning or at least this week.

Iraqi Dinar -- IQD -- Natural Resoucres -- Highest in the World - Integr...BY MILITIAMAN

The Central Bank Of Iraq Reveals The Mechanism For Granting License Applications For Electronic Payment Companies, 19 FEB

 The Central Bank Of Iraq Reveals The Mechanism For Granting License Applications For Electronic Payment Companies

February 18, 2024   The Central Bank of Iraq revealed the mechanism for accepting and studying applications for granting licenses to electronic payment companies, confirming the continued receipt of licensing applications.

The Central Bank specified that the applicant,   whether a natural or legal person,   must have at least three years of experience in the field of electronic payment and the payments industry, and  this includes the founders and participants, indicating that the  application includes a detailed explanation of the added value to the electronic payment sector in Iraq that will be provided by the company to be licensed.

 Especially in the field of modern collection techniques and enriching the Iraqi market with distinguished and applicable service.

 The bank stressed the necessity of submitting a request for a detailed technical feasibility study of what the company to be licensed will provide, pointing out that the request includes the minimum standards for accepting applications for obtaining a license to operate as an electronic payment service provider, in addition to what is stated in the electronic money payment services system No. (3). For the year 2014.

The bank confirmed that it will reject all applications that do not meet the aforementioned licensing conditions.

     :diamonds: To view the minimum standards for accepting applications to obtain a license to operate as an electronic payment service provider. Click here.  https://cbi.iq/static/uploads/up/file-17082531764307.pdf   

 Central Bank of Iraq   information Office   18 - February – 2024   https://cbi.iq/news/view/2515