Wednesday, April 3, 2024

Urgent Barzani: We reached with Baghdad an appropriate solution to the issue of allocating Kurdistan salaries, 4 APRIL

Urgent Barzani: We reached with Baghdad an appropriate solution to the issue of allocating Kurdistan salaries

The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, announced today, Wednesday, that he had reached an “appropriate solution” with the federal government to the issue of allocating the salaries of employees and litigants in the Kurdistan Region.

Barzani said in a statement to the regional government, a copy of which was received by Al-Furat News, “Thanks to God Almighty and the solid will of our beloved citizens, we have reached an appropriate solution to the issue of allocating the salaries of employees and litigants in the Kurdistan region, after diligent efforts and intense efforts made by the Kurdistan Regional Government team in close cooperation with the Kurdistan Regional Government team.” Prime Minister of the Federal Government.

He added, “I would like to extend my sincere thanks and appreciation to Federal Prime Minister Muhammad Shiaa Al-Sudani, and to all the forces and parties that supported and supported us in overcoming these obstacles and obstacles together.”

Barzani continued, “The Kurdistan region has faced, during the recent period, many attempts to harm its citizens and incite despair in them. I would like to express here my deepest thanks and appreciation to the employees and salary recipients in the region for their steadfastness and steadfastness. We will seek to distribute the salaries of the month of March before the blessed Eid Al-Fitr, especially “With the completion of the process of distributing February salaries within the next two days.”

https://shafaq.com/ar/%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D9%80%D9%80%D8%AA%D8%A7%D9%86%D9%8A%D8%A7%D8%AA/%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86-%D8%AA%D8%B9%D9%84%D9%86-%D8%A7%D9%84%D8%AA%D9%88%D8%B5%D9%84-%D9%84%D9%89-%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D9%85%D8%B9-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D8%A8%D8%B4-%D9%86-%D8%B1%D9%88%D8%A7%D8%AA%D8%A8-%D9%85%D9%88%D8%B8%D9%81%D9%8A-%D8%A7%D9%84-%D9%82%D9%84%D9%8A%D9%85


"RV UPDATE" BY MNT GOAT, 4 APRIL

  Mnt Goat 

  In today’s news articles we learn about the expiration of the extension of the US President’s Executive Order 13303 put in place in 2003. So, there is no extension this year...Why is this so important to us investors?  First, the expiration of 13303 shows to us once again that Iraq is slowly moving out of the sanctioned mindset altogether.

 But now we moved to a new level.  We know that in December of 2022, Iraq completed its war reparations payments to Kuwait and thus followed that all the remaining UN sanctions were lifted.

What happened next was the VERY quick response by the CBI to begin the de-dollarization process in Iraq in 2023.  

Then the unanticipated length of resolving the issue of the stability with the parallel market which delayed the process we are now looking for.    Last week they told us the parallel market is now under control...I verified this with my CBI contact...Many investors have been waiting for this news...and tell us that this is a VERY GOOD sign for us in that since we no longer will be needing this protection, since maybe the dinar is soon to be free to move into its full potential as a sovereign, global currency...Remember it is normally renewed on April 1st and so what is in stored for us in April? Just saying.

Iraqi DinaršŸ”„Iraqi Dinar Exchange Rates Adjusting Finally Today 2024šŸ”„iraq...

{Al-Furat News} reveals details from Baghdad and Erbil regarding the salaries of the Kurdistan region, 3 APRIL

{Al-Furat News} reveals details from Baghdad and Erbil regarding the salaries of the Kurdistan region

The leader of the Kurdistan Democratic Party, Wafa Muhammad Karim, revealed the details of Baghdad and Erbil regarding the salaries of the Kurdistan region.

Karim told {Al-Furat News} that: “It was agreed that the resettlement process for employees’ salaries in the Kurdistan region will be completed, and the process needs between 4 to 6 months to complete.”
He added, “Prime Minister Muhammad Shiaa Al-Sudani indicated that the Baghdad government will send salaries until the resettlement process is completed.”
Karim pointed out, “There is a problem in the resettlement process, as the federal government stipulated that resettlement be limited to the Rasheed and Rafidain banks, while the region objected and wanted resettlement to be through a bank account and a project specific to the region.”
He added, “No agreement has been reached in this regard or the salaries that will be sent for the month of March.”
The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, announced today, Wednesday, that he had reached an “appropriate solution” with the federal government to the issue of allocating the salaries of employees and litigants in the Kurdistan Region.
Today, the Accounting Department of the Federal Ministry of Finance launched the remaining salary funding for members of security institutions in the region for the month of February.
She indicated that the funding came in accordance with what was stated in the letter of the Ministry of Finance and the Accounting Department No. 9133 on 4/3/2024 after fulfilling all the requirements followed in financing the salaries of federal government employees, and based on what was stated in the books of the Financial Supervision Bureau No. 8422 on 3/28/2024. And 8670 as of 4/1/2024.

From: Raghad Dahham

https://alforatnews.iq/news/%D8%A7%D9%84%D9%81%D8%B1%D8%A7%D8%AA-%D9%86%D9%8A%D9%88%D8%B2-%D8%AA%D9%83%D8%B4%D9%81-%D8%AA%D9%81%D8%A7%D8%B5%D9%8A%D9%84-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D9%88%D8%A3%D8%B1%D8%A8%D9%8A%D9%84-%D8%A8%D8%B4%D8%A3%D9%86-%D8%B1%D9%88%D8%A7%D8%AA%D8%A8-%D8%A7%D9%82%D9%84%D9%8A%D9%85-%D9%83%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86


"LET'S HOPE IT UNLOCKS THIS WEEK" BY HERNAN BRAVO (ENGLISH, PORTUGUES AND SPANISH), 3 APRIL

Brazilian operations that are LTN and TDA generated by the group of G20 (military) + G10 (Miguel)

 These are in the ranking of the 4 countries that will start the nationals

Marcio precaorio = Dubai 2

 Then there is the operation headed by Marcio (American precatĆ³rio)

 G20+G13 = Dubai 01

 When both lineups activate the first payouts, these groups

 This act will unlock Level 3.

What are the fundamentals and international tables in T4a and T4b

 Let's hope it unlocks this week

 since it is scheduled to take place within the month of April

Everything is lined up, but we don't know if it will happen this week or next.

 launching Brazil, Colombia, Zurich and USA (RENO)

 START INTERNATIONAL PROCEDURES

 šŸ‘†Valdecir Development Foundation

 LET'S PRAY FOR IT TO BE THIS MONTH.

Greetings

HernƔn Robert Hbravo

TRANSLATION POTUGUES

 Martes 02 Abril 2024

Rubem BAZ : Dice
As operaƧƵes Brasil que sĆ£o LTN e TDA gerada pelo grupo de G20 (militares) + G10 (Miguel)

essas estĆ£o no ranking dos 4 paĆ­ses que vao startar as nacionais
Marcio precaorio = Dubai 2
depois tem a operaĆ§Ć£o encabeƧado pelo Marcio (precatĆ³rio americanos)
G20+G13 = Dubai 01

quando os dois alinhares dispara os pagamentos primeiros esses grupos
Neste ato ira destravar o Tier 3
que sĆ£o as FundaƧƵes e mesas internacionais no T4a e T4b
vamos torcer que destrave esta semana

haja visto que esta programado para ocorrer dentro do mĆŖs de abril
tudo esta alinhando, so nao se sabe se ocorre essa ou prĆ³xima semana
liberando Brasil, colombia, Zurick e USA (RENO)
INICIA OS PROCEDIMENTOS PRA INTERNACIONAIS
šŸ‘†Valdecir fundaĆ§Ć£o Desarrollo
VAMOS ORAR QUE ESTEJA PRA ESTE MƊS MESMO

TRANSLATION SPANISH

Operaciones de Brasil que son LTN y TDA generadas por el grupo de G20 (militares) + G10 (Miguel)
estos estƔn en el ranking de los 4 paƭses que iniciarƔn los nacionales
Marcio precaorio = DubƔi 2

Luego estĆ” la operaciĆ³n encabezada por Marcio (precatĆ³rio estadounidense)
G20+G13 = DubƔi 01
cuando ambas alineaciones activan los primeros pagos, estos grupos
Este acto desbloquearĆ” el Nivel 3.

cuales son los fundamentos y tablas internacionales en T4a y T4b
esperemos que se desbloquee esta semana
dado que estĆ” previsto que se realice dentro del mes de abril
Todo estĆ” alineado, pero no sabemos si sucederĆ” esta semana o la prĆ³xima.
lanzando Brasil, Colombia, Zurich y USA (RENO)

INICIA TRƁMITES INTERNACIONALES
šŸ‘†FundaciĆ³n para el Desarrollo Valdecir
OREMOS PARA QUE SEA POR ESTE MES.
Saludos
HernƔn Robert Hbravo

Iraqi dinaršŸ”„Amazing RV approvedšŸ”„CITI Bank And Wells Fargo Set A New Exch...

A government advisor reveals the size of Iraq’s foreign and internal debts: We plan to pay them, 3 APRIL

A government advisor reveals the size of Iraq’s foreign and internal debts: We plan to pay them

Baghdad today – Baghdad 

Today, Wednesday (April 3, 2024), Muhammad Mazhar Salih, the financial and economic advisor to the Prime Minister, revealed the size of Iraq’s foreign and internal debts, while indicating a government plan to pay them. 

Saleh told “Baghdad Today”, “Iraq’s external debt is very small and constitutes less than (30%) of the country’s gross domestic product, and this percentage is less than the standard and safe percentage, which is (60%) according to European Union standards.”

He explained, “Iraq has a plan to repay these debts, and the remaining debt is less than $20 billion. Nearly a third of it will be paid during this year and may decrease significantly over the next few years.”

He added, “The largest debt is internal, and this debt does not pose any risk, as it is within government financial institutions, and is not a debt between individuals and the government, and about (98%) is debt between the government, government banks, the Central Bank of Iraq, and the Ministry of Finance,” indicating that “there is A plan to settle these debts in the future in a way that does not constitute any burden.”

The financial advisor to the Prime Minister indicated that “the internal debt is estimated at 50 billion dollars, but it is within the official government financial institution, and the central bank controls approximately (64%) of it,” stressing that “the external debt is the most important and Iraq is committed to paying it.” 

Yesterday, Tuesday, the Council of Ministers approved the recommendation of the Ministerial Council for the Economy (24207) for the year 2024, which included the approval of the Diwaniyah Order Committee’s recommendation 23942, related to foreign debt. The recommendation included :

1-  The Ministry of Planning’s study of projects canceled from loans; To discuss the possibility of including it in funding sources from the federal general budget .

2- The Ministry of Finance will verify the existence of any financial obligations that may result from canceling these projects with the loan donors when implementing the decision .

3-  Canceling delayed loans, worth $1.05 billion, and completing important projects from government funding sources .

4-  Canceling borrowing requests worth $5.8 billion for the Basra water desalination and sky train projects, financing the first project from the regional development budget, and financing the second project by offering it for investment .

 5- Reducing the current external public debt, amounting to $10.5 billion, to $8.9 billion .

6-  Redirecting World Bank loans for lagging projects and other surpluses towards implementing the vital railway link project (Faw – Rabia – Fish Khabour) .

7- Contracting with an international financial consultant to audit and manage foreign debts in the future.  

https://baghdadtoday.news/246302-%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D9%8A%D9%83%D8%B4%D9%81-%D8%AD%D8%AC%D9%85-%D8%AF%D9%8A%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D8%AE%D8%A7%D8%B1%D8%AC%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D8%AF%D8%A7%D8%AE%D9%84%D9%8A%D8%A9-%D9%86%D8%AE%D8%B7%D8%B7-%D9%84%D8%AA%D8%B3%D8%AF%D9%8A%D8%AF%D9%87%D8%A7.html

Al-Alak: An Arab consensus on the role of central bank programs in addressing challenges, 25 NOV

  Al-Alak: An Arab consensus on the role of central bank programs in addressing challenges Mawazine News – Baghdad Central Bank Governor Ali...