Launching the salary funding of security institutions in Kurdistan for the month of February, 4 APRIL

Launching the salary funding of security institutions in Kurdistan for the month of February

Economy News – Baghdad

The Ministry of Finance announced, on Wednesday, the launch of the remaining salary funding for employees of security institutions in the Kurdistan Region of Iraq for the month of February in accordance with the decision of the Federal Court.

The ministry said in a statement received by “Economy Nboz”: “Based on the procedures of the Ministry of Finance in financing the salaries of the region in accordance with the decision of the Federal Court, the Accounting Department of the Ministry launched the financing of the remaining salaries of employees of security institutions in the region for the month of February, according to the letter of the Ministry of Finance of Accounting Department No. 9133 in 2024/4/3.”

She added that “this came in fulfillment of 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 numbered 8422 in 2024/3/28 and 8670 on 2024/4/1.”

https://economy-news.net/content.php?id=42156

"TIERS FOR EXCHANGING" BY MARKZ, 4 APRIL

 MarkZ 

  [via PDK]  

 Question:  Have they already decided on a rate and date?  

 MarkZ:  My contacts in the ministry in Iraq told me they have set the rate. We are just not privy to that or the date. 

TIERS FOR EXCHANGING

There are “5 Tiers” of Folks Exchanging. 

Tier 1 - Governments and Royalty Groups  

Tier 2 - Whales-elite with platforms of currency, corporations, etc. 

Tier 3 - Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc. 

Tier 4 - All the hundreds of thousands paying attention to intel - internet groups that means “all of us watching Mark’s podcast!” 

Tier 5 - Those who “never paid attn.” - the general public.

FIRST BASKET: 

MZ:  First Basket: 23 COUNTRIES WHICH INCLUDE: 1 US 2 UK 3 KUWAIT 4 CANADA 5 MEXICO 6 RUSSIA 7 CHINA 8 VENEZUELA 9 IRAN 10 IRAQ 11 INDONESIA 12 MALAYSIA 13 VIETNAM 14 BRAZIL 15 SAUDI ARABIA 16 QATAR 17 UNITED ARAB EMIRATES 18 TURKEY 19 AFGHANISTAN 20 INDIA 21 LIBYA 22 JAPAN 23 ZIMBABWE UNSURE THAT THERE WILL BE A SECOND BASKET

Iraqi Dinar 🔥 Huge Update it's $1 to 1 Dinar 🔥 Guru Updates And Latest R...

Central bank sells more than quarter of $1 billion during today’s auction, 4 APRIL

 Central bank sells more than quarter of $1 billion during today’s auction

Economy News – Baghdad

The Central Bank of Iraq announced, on Wednesday, its hard currency sales, reaching about $256 million in today’s transactions, according to the official 1310 price.
 
The bank’s data showed that the total internal cash withdrawals were $11,710,000, while the total amounts of overseas transfers involving remittances and credits were $244,703,014, while the total sale was $256,413,014.

https://economy-news.net/content.php?id=42151

"RV UPDATE" BY FRANK26, 4 APRIL

  Frank26

  The HCL simply waits for the new exchange rate to be released just like everything else is waiting for it.  You, me, contracts, investors, Forex, etc etc.  

Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar"   THE FINANCIAL FILES WILL REPLACE THE PROGRAM RATE  Quote:  "The government is planning to reduce the dollar to the official rate."  This is certain, but it takes time.

  The next thing I want to see [After the restrictions are lifted on the one main Iraqi bank] is the budget being amended and released because then after that it's a domino effect.  Everything else will follow it...

The CBI announcement - We believe it's about the currency.  We believe it's about the auctions.  We believe it's about a change in the auctions, a metamorphosis of the auctions which is exactly what the US Treasury wanted in order to have security and stability in the bank, which was exactly what was needed in order to bring forth a new exchange rate for their currency.  

  Frank26 

  [Iraq boots-on-the-ground report] 

  FIREFLY:  Ramadan is over on the 8th.  Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...

   FIREFLY: The foreign minister already in USA is a prelude to Sudani grand stand that's coming April 1st, our new fiscal year.   

FRANK:   So much is now pointing for your 1st quarter.  April the 1st or maybe the first week of April especially with Sudani going to see the President of the United States in Washington DC on the 15th of April.  It seems to me he's going to go see the president with a new exchange rate under his belt...not the weak leadership of a program rate.

  FIREFLY: TV is say when Sudani goes to Washington.  OMG that's a long time off.  Means nothing changing until after that probably, if it does this year.  

FRANK:  I don't care if it happens on the 15th of April.  I don't care if it happens tomorrow.  I just know it's happening with all that we're seeing.  The proof is there.  There's no doubt about it.

 FIREFLY:  Tv talked about  parliament finance has been meeting...with the CBI officials talking about mechanisms to pay the salaries and all the project we have.  This is a good sign.  They are meeting right before the budget goes to parliament next week. 

 FRANK:  Firefly knows if it does go to parliament and they vote, it will expose an exchange rate.  Certainly not a program rate.

FIREFLY:  Talked to bank friend.  He told me it seems to be the quiet time but soon news on the amending budget will appear...Nothing will get done, so it's going to be soon.   The dropping of the zeros is off the exchange rate...We were told on TV that during next week the 2024 amended budget will arrive at parliament for their vote.  

 FRANK:  Stay very close to your friend because at any moment IMO I believe he'll be able to give you what you're looking for, what they promised you. 

https://dinarevaluation.blogspot.com/2024/03/iraq-boots-on-ground-rreport-by-firefly.html

Iraqi Dinar 🔥 Very Very Exciting🔥 Guru Updates And Latest RV News Exchan...

Sudanese Advisor: The World Bank plays a positive and supportive role for the Iraqi economy, 4 APRIL

Sudanese Advisor: The World Bank plays a positive and supportive role for the Iraqi economy

Mawazine News – Baghdad,
the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Wednesday, that the World Bank plays a positive and supportive role for the Iraqi economy, and its team in Baghdad represents the advisory arm for the government program.

Saleh said, “The World Bank Group in Iraq launched its new relationship with our country in accordance with what was stipulated in UN Security Council Resolution 1483 in May 2003, and it is undertaking the task of mobilizing financial and technical assistance to support Iraq’s efforts to restore confidence in the economy, build its foundations, and reduce the burden of its debt in cooperation with the Fund.” International Monetary.

He added, “After years of wars and conflicts that affected the country’s infrastructure since the 1980s and Iraq’s severance and isolation from the world and multilateral international organizations, the bank contributed by taking its active role after the year 2003, especially in managing a number of development financing funds for the benefit of our country’s economy.”

He continued, “This was done by managing the funds provided by donor countries to Iraq under the Madrid Donors Conference held in October 2003, or by contributing to supporting the private sector through the role assumed by the International Finance Agency (IFC) as one of the arms of the World Bank Group active with the private sector.” As well as through the Bank’s role in supporting some aspects of development and facilitating ways of stabilizing our economy, including providing soft loans provided by the World Bank to support the national economy on various occasions during the last twenty years, specifically during the dual financial and security crisis to confront the ISIS terrorist gangs and the decline in oil prices after… The year 2014.”

He added, “The World Bank also played a role in improving the governance of economic life and rebuilding the requirements of a more powerful and modern digital and development era for the benefit of our country in many areas, in addition to contributing to rebuilding livelihoods by enabling social welfare programs and providing them with plans and programs that address issues of combating poverty.”

He pointed out, “The World Bank works closely with international partners to support economic reforms, specifically in the financial, banking, and public finance sectors.”
Saleh continued, “The World Bank today is not only a financing institution, but rather a bank that provides knowledge and its tools based on its accumulated experience that has reached nearly eighty years. Since its founding in 1945, Iraq was at the forefront of the founding countries of the World Bank Group and the International Monetary Fund, and this is how the bank is viewed.” The International Bank is currently considered an “information and knowledge bank.”

https://www.mawazin.net/Details.aspx?jimare=245252