Al-Sudani: Iraq has many investment opportunities offered to international companies
Prime Minister Muhammad Shiaa Al-Sudani confirmed, today, Tuesday, that Iraq has many investment opportunities offered to international companies.
Al-Sudani’s media office said in a statement received by {Al-Furat News}, “The latter received the British Ambassador to Iraq, Stephen Hitchen, and during the meeting, they discussed bilateral relations between Iraq and the United Kingdom, and mechanisms for working to strengthen and expand them in various fields, in a way that achieves mutual benefit and interests.” shared between the two countries.
The Prime Minister stressed that "Iraq has many investment opportunities presented to international companies, welcoming the participation of British institutions and companies in various sectors, especially the sectors of energy, industry, agriculture, and other vital sectors." link
"It was decided to stop the companies whose details are listed in the table below from entering the foreign currency buying and selling window"
Iraq is narrowing down the list of companies they will be working with going forward in the buying and selling of their foreign currency.
Many companies buy and sell foreign currencies from around the world. Some companies even go so far as to have some of their people travel to buy currencies from around the world such as Banknote World.
The need for these entities are going away with the new digital banking system. The move to an electronic banking system will soon make these services obsolete after our exchange.
FRANK26: "PARLIAMENT IS UP AGAINST THE WALL.... THEY HAVE NO CHOICE BUT TO OBEY SUDANI OR BE LEFT BEHIND IN THE BUDGET!!!"..........F26
urgent... The House of Representatives votes on the schedules of the Federal Budget Law No. 2024
6/3/2024
The House of Representatives voted, in its session held today, Monday, on the schedules of the Federal General Budget Law No. 2024.
The House of Representatives decided to adjourn its session held today, Monday, after voting on the schedules of the federal general budget law and its annexes, schedules (A/B/C/D/E/F).
Well it's about 0530 AM in country and the info I am receiving is that the new rates will appear either when the banks open today or they will wait for the FOREX opening on Wednesday to be able to publish the new rate in the Gazette Paper.
Wish I had better intel but most of the UK is asleep now.
Not much reason to open as this is all I have at this time.
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Sun. 2 June 2024 Texas Snake: (Wolverine) was in line with what I was told. Buckle up everyone this is the week we’ve been waiting for.
Well folks as we have been told the ideal time for release would be over a Holiday weekend and the banker was hopeful that we would receive notification close to the Reno bank closing time tonight.
That didn't happen unfortunately. Have also received comments declaring I am just another Guru scamming you folks.
Salty is a dear friend who provided this room for me and my ultimate goal is to make available some basic financial planning techniques to avoid you becoming like Lottery Winners and be broke within a year or two of getting paid,
As a result I don't open very often but the banker is hopeful he will get notified as we progress further into this weekend. Should I get notification I will surely share, Happy Memorial Weekend and GOD Bless.
Well folks was advised we would have positive indications today but now am being told it should come on the 24th which is this coming Friday which would give the banks time to deal with their Fridays and Mondays and begin to schedule appointments later into next week. We can only hope that at some point these projections will be accurate.
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A second confirmation of the above post has been received today so please stay alert come Friday, GOD Bless y'al for staying with us thru all this.
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Texas Snake, [05/22/2024, 10:04:11 p. m.]:
Yes
I have a suggestion to make if everyone could hold off comments until I can type it out.'
Comments being made about banks on Markz and what it could mean to your deposits
My suggestion once again is for each of you to open a brokerage account with a member firm of the NYSE as they insure uo to 500k on each account you open with them and then explore the Money Market
funds with No Load funding and reposition your b ank deposits into as many MMF's as needed to remain insured.
Texas Snake, [05/22/2024, 10:27:08 p. m.]:
I am going to watch the 4th quarter of the Dal Min playoff gamd so good night and GOD Bless everyone.
FRANK26: "AS WE SHARED... EVERY CITIZEN HAS A BANK ACCOUNT... WAITING FOR THEM!!!".......F26
High growth rate of bank accounts in Iraq
6/3/2024
The Central Bank of Iraq announced, on Monday, the high rate of growth of bank accounts over the past years in the country.
The bank explained, in a statement received by Shafaq News Agency, that "the growth rate of bank accounts increased from 2018 to 2019 by 90%, reaching 12,500 million bank accounts."
He added, "The growth rate of bank accounts reached its peak in 2020 with a growth rate of 90%, reaching 12 million bank accounts, while for the year 2021 it decreased to the lowest level by 10%, reaching 1,500 million bank accounts."
The Central Bank of Iraq indicated that the growth rate of bank accounts for the year 2022 increased by 30% to reach 4,500 million bank accounts, and it also increased during the year 2023 by 54% to reach the level of 8 million bank accounts.