Of Finance Stresses The Importance Of Activating The Service And Economic Programs Of The Provincial Councils, 27 FEB

  Of Finance Stresses The Importance Of Activating The Service And Economic Programs Of The Provincial Councils

Monday 26, February 2024 | Political Number of readings: 238   Baghdad / NINA / Minister of Finance, Taif Sami, stressed the importance of activating the service and economic programs of the provincial councils and the necessity of their compatibility with the government program and its basic priorities.

The Ministry stated in a statement: “The Minister of Finance received today, Monday, at the Ministry’s headquarters, the Chairman of the Muthanna Governorate Council, Ahmed Mohsen Driul, and members of the new Council.”

Sami renewed her blessing for the Council to begin its new work and choose the local government, noting: “The Ministry is working to empower the service and executive departments of the governorates by providing their financial allocations allocated within the budget, to meet the ambitions of citizens, complete strategic projects in infrastructure, and move services to a level that the citizen can touch.” ./End 8    https://ninanews.com/Website/News/Details?key=1109883

"QFS CONVERSATIONS" WITH GOLDILOCKS, 27 FEB

 GOLDILOCKS

"Among the largest Citibank in the U.S. has conducted a simulation in which blockchain was used to tokenize a private equity fund, which could pave the way for greater institutional adoption of blockchain."

This pilot program is still in process. Yet, the soon-to-be adoption of crypto regulation and stablecoin utility use will make this a viable choice in the near future. 

ETFs, collateralized assets, and tokenized assets held in a custody wallet are beginning to find their way into the banking system. 

The simulations of blockchain transactions have been tested and seen as seamless movements of digital money very similar to the way traditional banking transactions have taken place. 

The difference is that tokenized assets are collateralized by precious metals moving our banking system into a real world asset types of transaction based on real values. 

© Goldilocks 

https://www.chiangraitimes.com/business/citibank-is-exploring-the-idea-of/

🇮🇶Vietnamese Dong Big Rate Dong New Rate $3.44 to $3.66 Approximately | ...

Mr. Al-Hakim to the US Ambassador: The need to commit to seriousness in the negotiations to end the missions of the alliance, 27 FEB

Mr. Al-Hakim to the US Ambassador: The need to commit to seriousness in the negotiations to end the missions of the alliance

 The head of the Alliance of National State Forces, Mr. Ammar Al-Hakim, welcomed the United States Ambassador to Baghdad, Elina Romansky, the resumption of the second round of bilateral negotiations to discuss the termination of the tasks of the international alliance and the transition to the bilateral relationship.

During the meeting, Mr. Al-Hakim confirmed, according to a statement from his office, a copy of which was received by {Euphrates News}, “the need to commit to seriousness during negotiation, and we renewed our support for the Sudanese government in managing the negotiations within the work of the Supreme Military Committee.”

He also stressed that “the war on Gaza is unjust and we called on it to stop it as soon as possible, and to introduce humanitarian aid to our Palestinian people.”

“The recent elections contributed to strengthening the democratic experience through the formation of local governments, and we expressed our hope for the success of the governors in their tasks and providing the service,” Mr. Al-Hakim noted.

He also expressed “his condemnation of destabilization attempts through resorting to violence and the use of weapons, and we expressed our support for the security services to carry out their duties in prosecuting the perpetrators of these unacceptable criminal acts.”

https://alforatnews.iq/news/السيد-الحكيم-للسفيرة-الأمريكية-%C2%A0ضرورة-إلتزام-الجدية-في-مفاوضات-انهاء-مهام-التحالف

"QFS CONVERSATIONS" WITH GOLDILOCKS, 27 FEB

 GOLDILOCKS

"The US securities regulators are embarking on a comprehensive reform of the market infrastructure for US Treasuries. US Treasuries are debt securities issued by the United States Department of the Treasury to fund government spending."

These include: 

Treasury bills (T-bills)

Treasury notes (T-notes)

Treasury bonds (T-bonds)

With the introduction of New Dealer Registration Requirements for the CFTC and the SEC, they will be working closer together in the future. EVERYTHING WILL BE ROLLING OVER TO THE CFTC FOR GOVERNANCE AND TRANSPARENCY WITH THIS NEW INFRASTRUCTURE REFORM OF THE NEW DIGITAL ECONOMY.

This new requirement for the US Treasury to register as a dealer will provide more collaboration between the CFTC and the SEC. The SEC will take a more active role in registering the new tokenized asset economy and the CFTC will take a more active role in governing these assets. 

These new reforms will enforce higher Capital Requirements and increase more regulatory oversight to the Financial Stability Oversight Council. 

All roads lead to gold, and gold will set us free.

© Goldilocks 

https://www.cryptoglobe.com/latest/2024/02/the-future-of-us-treasuries-unpacking-the-secs-bold-market-reforms/ 

https://en.m.wikipedia.org/wiki/Financial_Stability_Oversight_Council

https://maples.com/en/services/regulatory-and-compliance/form-pf#:~:text=Form%20PF%20is%20a%20US,to%20the%20US%20financial%20system.

https://www.cftc.gov/LawRegulation/CommodityExchangeAct/index.htm

https://www.cftc.gov/LawRegulation/CommodityExchangeAct/index.htm

🔥 Iraqi Dinar 🔥 Iraq Shocks the World: Joining WTO After 20 Years! 🔥 Gur...

The Central Bank Expects To Reduce The Printing Of The Iraqi Currency In The Coming Years, 27 FEB

The Central Bank Expects To Reduce The Printing Of The Iraqi Currency In The Coming Years

Time: 02/26/2024 Read: 2,925 times  {Economic: Al-Fart News} The Central Bank of Iraq expects that electronic payment operations will reduce the printing of paper currencies in the coming years.

The Director of the Operations and Settlements Department in the Bank’s Information Technology and Payments Department, Zaid Hamid Rashid, said in a press statement, “The bank provided the infrastructure for electronic payment operations, by spreading culture and awareness of this issue and implementing the decisions of the Council of Ministers,” noting that “these decisions It can be applied in settlement systems to activate the mutuality through which these decisions are implemented.”

He added, "Every new business may face some obstacles, problems, and mistakes at the beginning, and we are working to find solutions to these obstacles," pointing out that "holding workshops and meetings in this regard, to review a number of numbers that proved the project's success and citizens' acceptance of it."

Rashid continued, "Any problem or obstacle is a complete cycle, and every party has a role in it, such as the central bank and government banks that lacked their own systems, which was the main reason for these problems."

Rashid explained that "electronic payment will reduce the process of printing paper currency, in addition to the strategic benefits for the state in general and the citizen in particular."   LINK