"ANALYSIS OF IRAQ NEWS: ALL THE CBI MEETINGS AROUND THE WORLD... ONLY TALK ABOUT THE MONETARY REFORM OF IRAQ" BY FRANK26, 24 FEB

 Frank26:  "ALL THE CBI MEETINGS AROUND THE WORLD... ONLY TALK ABOUT THE MONETARY REFORM OF IRAQ"........F26

The Central Bank of Iraq hosts a technical workshop for the General Council of Islamic Banks and Financial Institutions

February 20, 2024

The Central Bank of Iraq hosted a technical workshop on governance and compliance in Islamic banks and financial institutions, organized by the General Council of Islamic Banks and Financial Institutions.

The workshop, which was attended by a number of representatives of Islamic banks and financial institutions, regulatory bodies and supervisory authorities, and international organizations, discussed governance and compliance in Islamic banks and financial institutions, supervisory methodologies for continuity and development after crises, challenges of governance and compliance in Islamic finance, as well as risk management practices. 
The workshop saw the work program carefully designed to integrate theoretical frameworks with practical applications in the field of governance, compliance and risk management to ensure maximum benefit for participants. 

For his part, Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad Khalaf, stressed that the success of the workshop underscores the growing importance of Islamic finance in Iraq, considering that “hosting this workshop reflects our fruitful cooperation with the General Council in order to encourage best practices for governance and compliance within Islamic financial institutions.” in Iraq".

In turn, the Secretary-General of the General Council, Dr. Abdul-Ilah Belatiq, said, “Through this distinguished initiative, we reflect the joint commitment between the General Council and the Central Bank of Iraq in developing the principles of governance and compliance in the Islamic financial industry,” looking forward to “more cooperation and constructive work to strengthen and develop the financial industry.” Islam in the region.

Central Bank of Iraq 
Information Office 
20 - February - 2024

https://cbi.iq/news/view/2516 

Iraqi Dinar 🔥Iraqi Prime Minister Shia Al Sudani Big Announcement About ...

Governor of the Central Bank of Iraq determines the characteristics of “e-contrication”: a very important link, 24 FEB

 Governor of the Central Bank of Iraq determines the characteristics of “e-contrication”: a very important link

Economy News – Baghdad

The Governor of the Central Bank of Iraq, Ali Al-Alaq, on Thursday, described the subject of electronic levies as “the important link”, and while referring to the advantages of the levy, he stressed the commitment of the Central Bank to support this initiative.

Al-Alaq said in a speech during a workshop organized by the Association of Iraqi Private Banks, and attended by the correspondent of “Economy News”, “The launch of the electronic levetation project comes as a translation of the commitment of the Central Bank, banks and financial institutions under the control of the Central Bank to implement its vision and strategic objectives to develop the banking financial 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 explained that “this project generally targets all government ministries as well as non-governmental, unions and associations in which the amounts are collected,” pointing out that “this project will enable the automation of all collection processes, the adoption of electronic payment tools and the reduction of cash transactions, which in turn will help to alleviate the shoulders of citizens by accelerating the completion of transactions.”

The governor of the central bank explained that “customers can choose the time and place they want to pay the bills and that this would save time and effort and provide payment services to citizens through multiple payment channels with a high degree of confidence and security.”

He pointed out that “this increases collection rates, reduces costs, reduces the risks of cash dealing, raises the efficiency of the service provided to the citizen and obtain integrated data and reports,” considering “electronic collection is an important link that seeks to reduce the phenomenon of the monetary economy, which the Central Bank seeks to work on at several levels in order to optimize the use of transport and expand financial inclusion.”

Al-Alaq stressed that “the Central Bank affirmed its full commitment and partnership with its colleagues to support this initiative by supporting the growth and use of the local economy while maintaining its stability and status through cooperation and a meaningful challenge.”

https://economy-news.net/content.php?id=40752

"ANALYSIS OF IRAQ NEWS: "THIS SUBJECT IS ONLY BECAUSE THERE IS NO USD TO USE & THE 3 ZERO NOTES ARE WORTHLESS IN IRAQ. SO WHERE'S THE LIQUIDITY?... IN THE LOWER NOTES THAT ARE ABOUT TO BE INTRODUCED"" BY FRANK26, 24 FEB

 KTFA:

Frank26:  "THIS SUBJECT IS ONLY BECAUSE THERE IS NO USD TO USE & THE 3 ZERO NOTES ARE WORTHLESS IN IRAQ. SO WHERE'S THE LIQUIDITY?... IN THE LOWER NOTES THAT ARE ABOUT TO BE INTRODUCED".........F26

Al-Alaq denies to Al-Iqtisad News the existence of a liquidity crisis in the Iraqi dinar

2/22/2024  Baghdad

The Governor of the Central Bank of Iraq, Ali Al-Alaq, denied reports that there was a problem in providing the dinar.

Al-Alaq said in his speech to Al-Iqtisad News, on the sidelines of the workshop on enhancing electronic government collection, organized by the Iraqi Private Banks Association, today, Thursday, that “everything that is being raised about a problem in providing the Iraqi dinar, or a liquidity crisis, is not true.”

He added that the Central Bank did not stop for a single moment in responding to the Ministry of Finance’s liquidity requests.   LINK

🔥Iraqi Dinar🔥WOW Al Sudani Got Letter From Washington For Date Of IQD RV...

Source: Baiji Refinery boosts domestic production, 24 FEB

Source: Baiji Refinery boosts domestic production

Shafaq News/ On Friday, a government source disclosed that the Baiji oil refinery has been successfully rehabilitated and brought back into operation.

Today, the Iraqi Prime Minister, Mohammad Shia Al-Sudani, reopened the refinery, the largest in Iraq.

The source told Shafaq News Agency that the refinery now boasts a production capacity of 150,000 barrels per day, emphasizing that it has led to a 50% reduction in the need for imported gasoline. 

The refinery, with a base production capacity of 310,000 barrels per day, had been closed for over ten years, and its operations were interrupted when ISIS occupied it in May 2014. 

Following the liberation of Baiji from ISIS in 2015, the refinery faced challenges. Some reports said that armed factions involved in the military operations against ISIS “stole” the refinery’s equipment and sold them. 

Later, Prime Minister Al-Sudani announced that the stolen equipment and devices were recovered.

https://shafaq.com/en/Economy/Source-Baiji-Refinery-boosts-domestic-production

"RV UPDATE" BY WOLVERINE, 24 FEB

 WOLVERINE

It has been a long journey for all of us, some of us have been in this for 30 years. A person I know has been in this since the 1960s when she heard about this, more than 50 years ago. It boggles the mind how many years people have waited for this to happen.

We can’t get any info from Reno, Zurich or other platforms because everyone is under NDA and that is a good sign. No one is talking. I tried to talk to Whales and they are under NDA, and yes, they have been blessed.

I think there is not going to be an announcement, I think it is a process, I think people will just get paid, and they will sign an NDA, and then we will know about it. They will probably celebrate with their family and their platform. I do not think we will all celebrate together as we wanted to. 

I have been told by a good source that we may celebrate by tomorrow Fri. 23 Feb.

There are some things I cannot tell you. I know people are suffering, about to lose homes, living in cars, severe health issues, like me.

I want to let you know that it has started and I am just waiting for a call to release.

My personal opinion is that we will get appointments next week.

Bondholders need to get paid first and then currency holders. Historical bond holders will go last after the currency holders.

That is about it guys. It has been very stressful for me guys.  I am going to the Gold Coast. I can’t go today, due to a glitch in the system, but I will go tomorrow as I have been invited to a summit to be a guest speaker and will be back on Monday.   There is nothing more I can tell you. Take care guys, Wolverine.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-wolverine-23-feb.html

Wed. 21 Feb. Wolverine Whale Movement (of funds) Happening

19,905,635 #XRP (10,751,673 USD) Transferred From #Binance  To Unknown Wallet. 18,544,887 #XRP (10,016,690 USD) Transferred From #Binance  To Unknown Wallet. 

Someone Knows Something Huge Pump For #XRP. …

“The QFS is connected to 108 banks, is active in 14 countries and the platforms are ready to allow transfers. We are ready. God bless.”

https://dinarevaluation.blogspot.com/2024/02/rv-update-we-are-ready-by-wolverine-22.html