Saturday, June 1, 2024

I BELIEVE IN MONDAY JUNE 3rd FOR THE BUDGET BY FRANK26, 1 JUNE

 KTFA 

FRANK26:"I BELIEVE IN MONDAY JUNE 3rd FOR THE BUDGET"..........F26

In the document.. The House of Representatives will vote next Monday on the budget schedules

 

5/31/2024

  
 Representative Mustafa Sanad announced that the House of Representatives intends to vote on the financial budget tables for the year 2024.
Sanad published a copy of the session’s agenda and limited it to voting on the budget schedules, indicating that it will be held at three o’clock in the afternoon.

Sanad said, "The Finance Committee has not voted on the schedules and has not prepared its report" yet.
 


TRANSLATION: 

 
Republic of Iraq House of Representatives
The fifth electoral session, the third legislative year, the first legislative term
In the name of God, the most gracious, the most merciful
Agenda for session No. (27), Monday, June 3, 2024
Republic of Iraq House of Representatives
Reading verses from the Holy Quran
 
- Voting on the amended schedules of the Federal General Budget Law No. (13) 2024
Attached are tables (A/B/C/D/E/F). (Finance Committee).
The session begins at three in the afternoon
.
LINK

 

"QFS CONVERSATION " WITH GOLDILOCKS, 1 JUNE

 GOLDILOCKS

Bank for International Settlements Announcement:


Last month the Bank for International Settlements (BIS) Innovation Hub unveiled Project Agorá, its ambitious project with seven central banks to transform cross border payments with tokenization.


 It proposes using a Unified Ledger involving wholesale central bank digital currencies (wCBDC) and tokenized deposits on a shared infrastructure to execute payments. Today the BIS released a short paper on “Next generation correspondent banking“, which outlines the vision for Agorá. A large part of that relates to how compliance is dealt with.


https://www.ledgerinsights.com/bis-shares-how-project-agora-aims-to-tokenize-correspondent-banki

----


SEC Announcement:


Washington D.C., May 31, 2024 —

The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on June 6, 2024, at 10 a.m. ET. The meeting will be webcast on the SEC website.


The committee will host two panels:


* Examining the New Frontier for Investment Advice


* AI Regulation: Embracing the Future


The committee will also discuss potential recommendations regarding the Protection of Self-Directed Investors when Trading Complex Products and Utilizing Complex Strategies and Financial Literacy and Investor Education.


The Investor Advisory Committee, which focuses on investor-related interests, advises the Commission on regulatory priorities and various initiatives to help protect investors and promote the integrity of the U.S. securities markets. Established by the Dodd-Frank Act, the Committee is authorized by Congress to submit findings and recommendations to the Commission.


https://www.sec.gov/news/press-release/2024-65


Pass Budget Before June 9🚩Releasing New Rate = $0.76🤔 Dinar RV Updates |...

"ONCE AGAIN... I BELIEVE IN JUNE 3rd FOR MANY THINGS TO COME TOGETHER." BY FRANK26, 1 JUNE

 KTFA

FRANK26:"ONCE AGAIN... I BELIEVE IN JUNE 3rd FOR MANY THINGS TO COME TOGETHER."........F26

Parliamentary Finance confirms the readiness of the budget tables for voting in Monday’s session

 

5/31/2024

The Parliamentary Finance Committee announced its readiness to present the federal financial budget schedules for the year 2024 in the Parliament session next Monday.

 

The head of the committee, Atwan Al-Atwani, said in a statement, a copy of which {Al-Furat News} received,  “For days, the committee has continued to study and review the 2024 budget schedules, in detail, in order to complete them in the optimal manner, and to ensure the necessary financial allocations for all sectors,” adding, “After a series of meetings Intensive, during which we hosted the relevant ministers, today we are about to complete the task of discussing and reviewing the details of these schedules, in accordance with the Federal General Budget Law for the years (2023-2024).”

Al-Atwani continued, “The Finance Committee confirms its readiness to present its final report to the House of Representatives in next Monday’s session dedicated to approving the budget schedules and its annexes,” reiterating “the great keenness to enable the federal government to implement its service and development plans and programs in a manner consistent with its government program that the House of Representatives voted on.” We also affirm our full support for local governments, by increasing their financial allocations and ensuring the continuity of funding for projects with the aim of improving the reality of services in all governorates.”

LINK

"BANK STORY" FROM GOLDILOCKS TELEGRAM ROOM, 1 JUNE

 BANK STORY

When we were done opening the account, he asked me if there was anything else he could do for me.


 I asked, do you exchange foreign currency here at this location?

 He said yes, but they would have to order it.


 I said well, I don’t want to purchase foreign currency, I would like to exchange what I currently have for dollars. I explained to him that I have a hobby, like, people that have coin collections, I collect foreign paper currencies. 


I buy them and pick out the most novel by condition and by serial number... 12345 or 121212 or 333333 and the ones I don’t want I would like to exchange back to dollars. 


Can you do that here without sending it out? 


He thought it was interesting and that was it. He has only been with Chase for 4 months but had been with BOA for 12 years, so I understand he does not know all of the procedures.


 He asked what currency I had? 


I said Vietnamese Dong.


 He went to see someone else for info (the keypad access backroom). 


He came back and said yes, they could exchange that on-site, then went back to see if there was a waiting period after opening an account to exchange.


 No one “out back” could find any restrictions! Just give him a call to make an appointment and he will take care of me when the time comes (I’ve already put the bug in his ear).


 We said goodbye and I said look forward to doing business with you soon. I never said anything about the GCR or the RV or non forex traded currencies. And I didn’t lie or fib, just the truth. 


Then I stopped and bought a bunch of takeout Chinese food to celebrate!!


 So, now I have an account at a tier 1 bank, a relationship with a private banker who is willing to exchange my foreign currencies on-site, and has wealth advisor services….all for transferring $1600 dollars from one bank account to another!


My takeaway from this: Make an appointment to open an account if you want to get to know your banker. I did not ask this directly but I assume you need to be a customer to exchange currency.


 I think you can open a checking account with less than $1500, but they will charge a monthly fee. Chat it up with the person who is opening your account, GET TO KNOW YOUR BANKER!


Now I’m going to send my new banker a nice thank you note.


Oops, gotta go. Chinese food…..

Iraqi Dinar update for 05/31/24 Budget getting voted on BY PIMPY

"IRAQ IS STABLE ENOUGH FOR SOCCER!!!" BY FRANK26, 1 JUNE

 KTFA

FRANK26:"IRAQ IS STABLE ENOUGH FOR SOCCER!!!".....F26 

Sudani: Receiving international events reflects the state of stability in Iraq

 

5/30/2024

Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani expressed his appreciation for the distinguished results of Iraq in the West Asian Athletics Championships held in Basra, stressing that  the reception of international events reflects the state of stability in the country.

Al-Sudani said in a tweet on his website on the “X” platform: “Greetings to the athletics champions as they reap distinguished results in the West Asian Championship for women and men, which is hosted by Basra Governorate with the participation of several Arab and Asian countries.”

He added, "Hosting Arab and international sports events, in Baghdad, Basra, and our beloved governorates, reflects the state of stability that our country is witnessing in various fields, and enhances government support for the plans and programs that we have directed to advance the sports sector in general."

LINK

The Trade Bank of Iraq (TBI) announced today, Saturday, a plan to open a number of new branches. , 25 NOV

  The Trade Bank of Iraq (TBI) announced today, Saturday, a plan to open a number of new branches.   The media advisor of the Trade Bank of ...