The region responds to Baghdad’s call regarding the resumption of oil exports, 6 JUNE

The region responds to Baghdad’s call regarding the resumption of oil exports

The Council of Ministers of the Kurdistan Regional Government discussed today, Wednesday, the latest developments related to the issue of resuming the process of exporting the region’s oil.

A statement by the regional government, a copy of which was received by Al-Furat News, was conveyed that Prime Minister Masrour Barzani spoke during the meeting and the negotiating delegation about the meetings, efforts and procedures for resuming oil exports, noting the continuation of meetings with the federal government with the aim of resuming the export process as soon as possible.

In this context, the statement indicated that “a delegation from the regional government and oil companies is scheduled to visit Baghdad early next week at the invitation of the Federal Ministry of Oil, to discuss finding a mechanism to overcome all obstacles that hinder the resumption of oil exports, which unfortunately have caused billions of dollars in losses to the governments of Iraq.” And the Kurdistan Region since the suspension of the export process in March of last year.
The meeting stressed the directives of the Council of Ministers to the negotiating delegation, which stipulate an emphasis on the serious position of the Kurdistan Regional Government in its endeavor to reach a comprehensive and balanced agreement as soon as possible and in accordance with the constitution, to resume the export of the region’s oil through a company. (SOMO) and depositing its revenues in the service of the public treasury, provided that this is achieved based on the constitutional foundations and taking into account the privacy and powers of the region. In this regard, the regional government is ready for dialogue and negotiation to reach an agreement.

On May 28, the Federal Ministry of Oil called on the Ministry of Natural Resources in the Kurdistan Region and the international companies operating the fields located in the region to hold a meeting in Baghdad as soon as possible for the purpose of discussing and discussing the issue and reaching an agreement to accelerate the restart of production and resume the export of oil produced through the Turkish port of Ceyhan and according to the proven quantities. In the budget law.

https://alforatnews.iq/news/%D8%A7%D9%84%D8%A5%D9%82%D9%84%D9%8A%D9%85-%D9%8A%D8%B1%D8%AF-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D8%A8%D8%B4%D8%A3%D9%86-%D8%A7%D8%B3%D8%AA%D8%A6%D9%86%D8%A7%D9%81-%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%81%D8%B7

"RV UPDATE" BY MNT GOAT, 6 JUNE

 

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

🔥 Iraqi Dinar 🔥 This Step is Crucial 🔥Today News Guru Intel Update Value...

"THE MONETARY REFORM OF DR. SHABIBI SURPRISES THE ODDS!!!" BY FRANK26, 5 JUNE

 KTFA

FRANK26:"THE MONETARY REFORM OF DR. SHABIBI SURPRISES THE ODDS!!!"............F26

Financial inclusion in Iraq: a success story that defies the odds

6/4/2024

 

In the wake of the American invasion of Iraq in 2003, the financial system collapsed and the phenomenon of hoarding money spread, as a result of the loss of confidence in the banking sector after the closure of most branches of foreign banks operating in Iraq, and the faltering of some local banks.

 

To address this crisis, the Iraqi Deposit Insurance Company began establishment procedures in 2008 with the aim of protecting depositors’ funds and enhancing their confidence in the banking system, which is vital for achieving sustainable economic development.

The company has achieved remarkable success in its mission, as it has witnessed a significant increase in the number of bank accounts and the size of deposits since its establishment. In 2009, total deposits in Iraqi banks amounted to $8.05 billion, and this number rose to $76.5 billion in 2021. This significant increase is largely due to the company’s efforts to enhance confidence in the banking system and encourage citizens to save.

This significant increase in deposits clearly reflects the effective role played by the company in stimulating the culture of savings and encouraging citizens to deposit their money in banks instead of keeping it at home. These numbers indicate that the Iraqi Deposit Insurance Company is on the right track towards achieving its strategic goals, which are enhancing financial stability and reducing the phenomenon of hoarding, and thus contributing to advancing economic growth in Iraq.

LINK

"RV UPDATE" BY FREEDOM FIGHTER, 5 JUNE

 Freedom Fighter ©

🟢The CFTC is implementing GLOBALLY ‼️under Basel 3 endgame requirements 

💥The acceptance of “gold and technology merging” together within the global banking systems to facilitate different banking transactions (gold backed ) which also includes “foreign exchanges”

💥You see why it was so important for the timing of Iraq to modernize their banking system and “go digital “? 

THINK: technology ‼️

💥ALL countries are doing this. Not only Iraq 🇮🇶 but ya see the whole picture of course 😄

https://t.me/c/1866892933/75068

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🇮🇶Iraqi parliament approves the 2024 budget allocations and schedules.  

💥As WE told you there would be NO rate change in it because its an Operational & Expense budget with a set rate of 1310 IQD for government expenses and that rate covers their expenses‼️

💥WE know where the NEW rate change will come from, continue to follow us ‼️

❌Be careful who ya follow and stay grounded in the facts WE share 

💥CHECK IQD RATE FROM CBI

👇👇👇👇

https://cbi.iq/

https://shafaq.com/en/Iraq/Iraqi-Parliament-approves-2024-budget-key-allocations-for-social-welfare-education-and-agriculture

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-freedom-fighter-4-june.html

Iraqi Dinar Exchange Rates Today 2024 |Prediction 2024

"THE OFFICIAL EID DATES" BY FRANK26, 5 JUNE

 KTFA

FRANK26:"THE OFFICIAL EID DATES"...........F26

The Iraqi government sets days for the Eid al-Adha holiday

 

6/4/2024

On Tuesday, the Iraqi government set the days for the Eid al-Adha holiday, which will fall on Sunday, June 16.

The Prime Minister’s Media Office said in a statement received by Shafaq News Agency,  “Prime Minister Muhammad Shiaa Al-Sudani directed that the Eid Al-Adha holiday be for official departments, starting from Sunday, June 16, until Thursday, June 20, provided that official work resumes on Sunday.” June 23.”

LINK