Thursday, April 18, 2024

Prime Minister: It Is Not Possible To Work In Any Development Sector Without Reform Steps For The Banking Sector, 18 APRIL

 Prime Minister: It Is Not Possible To Work In Any Development Sector Without Reform Steps For The Banking Sector

 Wednesday 17, April 2024 19:34 | Political     Number of readings: 381  Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that

it is not possible to work in any development sector without reform steps for the banking sector.

A statement from his media office stated that Al-Sudani received at his residence in the American capital, Washington, this evening, Wednesday, (Baghdad time), the President of JP Morgan Bank, Masha Klovksi, and his accompanying delegation.

 During the meeting, according to the statement, the   government’s efforts to implement reforms were discussed. Finance and banking, in light of the path it is pursuing towards improving the economic situation and achieving development, in addition to discussing the

government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and

encouraging private banks to open accounts with foreign banks to become banks Correspondent, according to a plan aimed at dispensing with the electronic platform at the end of this year.”

Al-Sudani stressed, according to the statement,

      that it is not possible to work in any development sector without reform steps for the banking sector, and the

      necessity of continuing the dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.

For his part, Klovsky praised the efforts of the Iraqi government in Activating, developing and qualifying government and private banks, and their procedures in the field of providing assistance to private Iraqi banks, stressing his support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership.” /End 2

 https://ninanews.com/Website/News/Details?key=1121694     

"ABOUT THE SOVEREIGNITY OF IRAQ" BY FREEDOM FIGHTER, 18 APRIL

 Freedom Fighter ©


🟢PM Sudani and his delegation met with the U.S. Treasury today. More details of the outcomes will be revealed in the coming days

Freedom Fighter ©


💥It’s important for the international coalition forces to leave Iraq so they can have their sovereignty. It’s essential to their independence and freedom.


❌Biden using a cheat sheet in meeting with Iraq PM


⚠️Still think Joe is in charge❓


✅The most important meetings are the ones we don’t see


❇️The Agreement between the U.S. and Iraq needs to be activated it’s called the ….💥STRATEGIC FRAMEWORK AGREEMENT 💥


https://nypost.com/2024/04/15/us-news/biden-cheat-sheet-for-iraq-pm-meeting-caught-on-camera-including-instructions-to-pause/amp/

Jon Dowling & Andy Schecthman Discuss Precious Metals With Miles Franklin

Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”, 18 APRIL

 Parliamentary Finance Calls For “Confining The Dinar In The Hands Of The State”

Politics     Parliamentary Finance     Iraqi dinar  2024-04-17 05:36  Shafaq News/ The Parliamentary Finance Committee pointed out, on Wednesday, the problem of the lack of cash “Iraqi dinar,” calling for “confining the dinar to the state.”

 Committee member Hussein Moanis told Shafaq News Agency,

 “The House of Representatives voted on the tripartite budget law and required the government to send the schedules for approval,” indicating that

 “the delay in sending the schedules to Parliament did not affect the operational budget.” He pointed out that "there is no specific date for approving the budget schedules in the Council of Ministers and sending them to the House of Representatives," indicating "a real problem with the lack of cash (the Iraqi dinar)." 

He pointed out that  "the Parliamentary Finance Committee is working to develop specific methods to process and provide cash and confine it to the state through   

     adopting the electronic card,

      strengthening the work of banks, and

     presenting documents to achieve cash abundance in the market." Mu'nis concluded by saying,

"There is no trust between the banking system and the citizen, and the lack of trust has caused the cash currency (the Iraqi dinar) to be stored in the homes of citizens, which has caused it to be lost and not naturally available in the market."

A member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on March 27, 2024, that the Iraqi government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget.

While a member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said in an interview with Shafaq News Agency on February 27, 2024, that Finance Minister Taif Sami informed the members of the committee during her hosting, yesterday, Monday, of the imminent sending of the budget law schedules to the House of Representatives.    https://shafaq.com/ar/سیاسة/المالية-النيابية-تدعو-لـ-حصر-الدينار-بيد-الدولة   


"RV UPDATE" BY FREEDOM FIGHTER, 18 APRIL

 FREEDOM FIGHTER

Freedom Fighter ©


🇮🇶 Iraq PM and delegation meets with JP Morgan Chase in Washington DC to discuss continuous economic reforms in Iraq 


🟢JP Morgan Chase has been in Iraq for over 10 years building relationships and helping them to modernize their banking systems 


❇️The know something 


https://shafaq.com/en/Economy/Iraqi-PM-discusses-banking-reforms-with-J-P-Morgan-s-global-head-in-Washington-meeting

Iraq: Over 14 Agreements Signed Between Iraq and US BREAKING NEWS from C...BY SANDY INGRAM

On the table of parliament are 150 bills awaiting a vote. And the dialectics need consensus, 18 APRIL

  On the table of parliament are 150 bills awaiting a vote. And the dialectics need consensus

Baghdad Today - Baghdad

Today, Thursday (April 18, 2024), a member of the Parliamentary Legal Committee, MP Omid Mohammed, confirmed the existence of 150 draft laws on the table of the standing committees of the House of Representatives.

Mohammed said in a statement to "Baghdad Today", that "his committee is following up on draft laws and amendments put forward by the standing committees in the House of Representatives, which amount to 150 laws so far," adding that "controversial laws need political consensus, but the file of the presidency of the Council in light of the lack of resolution of the vote on a candidate for it reflects negatively on the file of legislation Laos.

He called for "the need for the State Administration Coalition to have positive steps in this direction in order for the current legislative term to be fruitful in the direction of resolving many laws and their amendments."

He stressed "the need to proceed with the legislation of controversial laws, including general amnesty, service and others without political consensuses that contribute to securing sufficient votes to vote on them, and this needs to resolve the rest of the files in order to proceed with them," pointing out that "the resolution of the law for people with disabilities and voting on it 3 days ago represents an important step during the legislative term of the Council to resolve the rights of an important segment."

Parliament is expected to hold a session for today, after postponing in its last session the vote on the draft law on the first amendment to the Iraqi Housing Fund Law No. (32) of 2011, and postponing the vote on the draft law on the first amendment to the Property Claims Commission Law No. (13) of 2010, where the House of Representatives completed the first reading of the draft law on the accession of the Republic of Iraq to the Convention on the Elimination of Violence and Harassment in the World of Work, as well as the report and discussion of the draft law regulating renewable energy.