Friday, February 23, 2024
The Governor Of The Iraqi Central Bank Identifies The Advantages Of “Electronic Collection”: A Very Important Episode, 24 FEB
The Governor Of The Iraqi Central Bank Identifies The Advantages Of “Electronic Collection”: A Very Important Episode
Economy News – Baghdad Today, Thursday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, described the issue of electronic collection as an “important episode,” and while he pointed to the advantages of collection, he stressed the Central Bank’s commitment to supporting this initiative.
Al-Alaq said in a speech during a workshop organized by the Iraqi Private Banks Association, and attended by an “Al-Iqtisad News” correspondent, that “the launch of the electronic collection project comes as a translation of the commitment of the Central Bank and the banks and financial institutions subject to the supervision of the Central Bank to implement its vision and strategic objectives to develop the financial banking sector in Iraq.”
He added, "The project will contribute significantly to enhancing government resources and collecting them in a reliable, secure and transparent environment, relying on the infrastructure in payment systems and electronic payment platforms provided by the Central Bank and providing payment services."
Al-Alaq stated, “This project generally targets all governmental ministries, as well as non-governmental ministries, unions, and associations from which the amounts are collected,” pointing out that “this project will enable the automation of all collection operations, the adoption of electronic payment tools, and the reduction of cash transactions, which in turn will help reduce the burden of burden on citizens by accelerating the completion of transactions.”
The Governor of the Central Bank explained, “Customers can choose the time and place they want to pay bills, and this will save time and effort and provide services to pay citizens through multiple payment channels with a high degree of trust and security.”
He pointed out that “this matter increases collection rates, reduces costs, reduces the risks of cash dealing, raises the efficiency of the service provided to the citizen, and obtains integrated data and reports,” considering that “electronic collection is an important link among the links seeking to reduce the phenomenon of the cash economy, which the Central Bank seeks to achieve.”
"ANALYSIS OF IRAQ NEWS" BY CLARE, 24 FEB
Clare
Article: "Al-Sudani is making an upcoming visit to Washington" Quote "The two sides discussed the files that will be raised during the Prime Minister’s upcoming visit to Washington, and the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard,”
"ANALYSIS OF IRAQ NEWS"Al-Sudani’s Office: The Iraqi speech in Munich was frank about issues of sovereignty, security, and economic partnerships
2/17/2024
Director of the Media Office of the Prime Minister, Rabie Nader, confirmed today, Saturday, that the Iraqi speech in Munich was frank on issues of sovereignty, security, and serious economic partnerships.
Nader said, in a tweet on the {X} platform, that: “More than 22 meetings were held by the Prime Minister in Munich in just two days, and the Iraqi speech was frank on issues of sovereignty, security, and serious economic partnerships.”
He added, “There was great international understanding of Iraq’s desire to move the relationship with the international coalition countries from security to strategic partnerships in various fields, and the messages were clear that Iraq’s security is necessary for the security of the region and a stable Iraq is in everyone’s interest.”
Nard continued, “Iraq is a meeting point and refuses to be an arena for settling scores, and the international community must move quickly to stop the war on Gaza.” LINK
Clare: Al-Sudani discusses with members of the US Congress the end of the international coalition’s mission and the transition to bilateral relations
2/17/2024
Prime Minister Muhammad Shiaa Al-Sudani discussed, with members of the US Congress, today, Saturday, the end of the international coalition’s mission in Iraq.
Al-Sudani’s media office stated in a statement received by {Al-Furat News} that “Prime Minister Muhammad Shia’ al-Sudani received four members of the US Congress, namely: Mike Turner, McKeirl, Joe Wilson, and Gerry Connolly, on the sidelines of his Excellency’s participation in the 2024 Munich Security Conference.” .
The statement added, “During the meeting, bilateral relations between Iraq and the United States were discussed, and ways to enhance constructive cooperation, as well as a number of files and issues of common interest were reviewed.
The meeting also touched on the ongoing dialogue regarding ending the mission of the international coalition in Iraq, after the arrival of the security forces.” Iraq has reached an advanced stage of readiness and high performance, and the transition to broad bilateral relations between Iraq, the United States of America, and the rest of the coalition countries.”
The Prime Minister stressed, “the necessity of developing relations between the two countries at various levels and sectors, without limiting them to the security aspect only,” pointing to “the state of recovery that Iraq is going through, the reforms it is witnessing in various economic and financial sectors, and the progress of concluding integrated economic partnerships with countries in the region.” “And the world, which will contribute to promoting development and achieving stability for the country.”
For their part, members of the US Congress indicated their “interest in the success of the Iraqi government in several aspects,” stressing “the importance of Iraq and its role in enhancing security and stability in the region.” LINK
Iraq No Longer Needs U.S.-Led Coalition Forces: PM, 23 FEB
BAGHDAD, Feb 21 (NNN-NINA) – Iraqi Prime Minister, Mohammed Shia' al-Sudani, said yesterday that, Iraq does not need military advisors from 25 countries, to work within the mission of the U.S.-led international coalition, to fight the Daesh group.
Al-Sudani made the comments during a press conference, in which he stressed that, the Iraqi government began an integrated programme to improve the armament of the security forces, in conjunction with seeking to end the presence of the international coalition in the country.
The justifications for the coalition's existence in 2014 have ended today, and“we are in the year 2024,” al-Sudani said.
He said, the Daesh no longer poses a threat to Iraq's security, adding, the capabilities of the Iraqi security forces have improved significantly and it can now maintain security in the country.
Al-Sudani stressed that, the government hopes to move to a new phase of relations with the international coalition countries, including the economic, political and security aspects.
Al-Sudani's comment came, as Iraq and the U.S.-led coalition held on Feb 11, a new round of dialogue to discuss ending the coalition's mission in Iraq.– NNN-NINA
MENAFN20022024000200011047ID1107877447
https://menafn.com/1107877447/ Iraq-No-Longer-Needs-US-Led-Coalition-Forces-PM
Evening News with MarkZ. 02/23/2024
"RV UPDATE" BY FRANK26, 23 FEB
Frank26
This parallel market is going to shift down to the 1310, to quickly move to a goal of 1 to 1 rate inside of Iraq. Between the 19th of this month and 29th...the WTO will be admitting 5 countries into the WTO. I believe deep in my heart one of them will be the Iraqi dinar [Iraq?]
The U.S. dollar is going down in value this week, which means your currency [Iraqi dinar] is going to go up in value. The only way for that to happen is with a new exchange rate and the lower notes to match it. IMO you're going to see the dollar go up before it is finally removed and irradiated one last time...
If you take one of the new [lower] Iraqi dinar notes and you hold it up to the light you'll be able to see the safety features. The American dollar has about a dozen markers, the [new lower] Iraqi dinar has over 20 markers. The state of the art technology of security for toilet paper value? No, that alone is an important aspect for you to understand...
When this blessing occurs, where do you go? Do you go to a bank? Do you go to an American Bank?
The high quality sample sheets [of new lower note dinar samples] are for the employees but eventually when the CBI is ready then they will invite the Iraqi citizens to come to the banks through their apps on their phones...flyers...billboards...television...commercials to come in. 'We would like to introduce you to the new lower notes that we would like to be giving you.' They'll project these new 1, 5, 10, 20, 50, 100 on the Channel One Iraqi Financial News.
The process for you to exchange your currency...when you decide it's time...you're going to go to Chase.
You can go to other banks, nothing wrong with that...but I would suggest you go to Chase...What is the Chief Executive Officer of Chase doing in Iraq right now? Opening 10 Chase banks...I don't believe in coincidence...I encourage you to consider Chase because they're going to be able to connect you with IMO one of the most powerful ways to diversify your money. Yeah, JP Morgan.
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-frank26-19-feb.html
Parliamentary oil: Amending a budget paragraph enhances oil exports and understanding with Kurdistan, 28 NOV
Parliamentary oil: Amending a budget paragraph enhances oil exports and understanding with Kurdistan The Parliamentary Oil and Gas Committee...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...