Monday, June 10, 2024
Iraq participates in the 27th St. Petersburg International Economic Forum. 10 JUNE
Iraq participates in the 27th St. Petersburg International Economic Forum
Economy News – Baghdad
The Foreign Ministry announced on Sunday participation in the 27th St. Petersburg International Economic Forum.
The ministry said in a statement, seen by “Economy News”, that “a delegation from the Ministry of Foreign Affairs and the Embassy of the Republic of Iraq to the Russian Federation and a delegation from the Kurdistan Regional Government of Iraq participated in the 27th St. Petersburg International Economic Forum held in the Russian city of St. Petersburg for the period 5-2024/6/8.”
“More than 17,000 participants from more than 136 countries, heads of state and government, ministers, government officials, ambassadors and politicians from 45 countries attended the forum, and Russian President Vladimir Putin also participated in the plenary session of the forum,” she added.
She added that “during the meetings, they discussed the economic challenges facing the world and how to find sustainable solutions in light of the current global transformations, and discussed cooperation in the field of international transport, as well as cooperation in the field of artificial intelligence and digital technology and finding common approaches to the development of education in line with the technological development in the world.”
"LATEST FROM FRANK26: FROM GINGER TELEGRAM ROOM, 10 JUNE
💢 Latest from Frank 26 - Iraq IQD NEWS 🗞️ 6.8.24
💢Frank26: Al-Alak, the governor of the Central Bank of Iraq, spoke to the Iraqi citizens today, including members of the IMF, AMF, WB, that Iraq was successful in the monetary reforms and that the Iraqi Dinar will return to the glory days, and even surpass them!
They also showed the citizens the first video of the success of the work they have been doing! Eddie said it was an amazing video, and the guest speakers spoke for a long time about their successes!
This is huge people! They are talking about a massive new exchange rate! Surpassing the prior rate of $3.22! Remain calm but pray your hearts out that this comes to fruition in a reasonable timeframe! Praise our Heavenly Father for this blessing! All IMO of course!✌🏼
Sunday, June 9, 2024
Association of Private Banks: Iraq witnessed a major revolution and widespread change in electronic payment tools, 10 JUNE
Association of Private Banks: Iraq witnessed a major revolution and widespread change in electronic payment tools
The Iraqi Private Banks Association confirmed today, Sunday, that Iraq has witnessed a major revolution and a wide change in the level of use of electronic payment tools since 2023, while indicating a significant increase in the size and number of electronic payment operations.
The Executive Director of the Iraqi Private Banks Association, Ali Tariq, told the Iraqi News Agency (INA): “The Iraqi Private Banks Association Foundation and the Iraqi banking sector are fully prepared to cooperate within the directions of the Central Bank of Iraq, which are greatly supported by government directions, especially after the recent visit to the United States.” The American efforts resulted in framing the process of working to solve the problems related to preventing the use of the dollar for a group of Iraqi banks.”
Tariq added, “The role of the Association of Private Banks believes in implementing these trends related to amending work mechanisms, using modern technical tools, and reviewing previous accounts,” stressing that “the Association will be very supportive of these trends.”
He pointed out that "the Association of Private Banks hopes for the return of banks that can meet the above requirements," pointing out that "the issue that occurred on the private banking sector had negative effects," adding that "the general trends and the banks' directions must be to repair the damage that occurred in the stage." previous".
He stressed that "Iraq has witnessed a major revolution and a wide change since the previous year until now in the level of use of electronic payment tools, which the government has approved the adoption of electronic payment in government or private institutions," noting that "Iraq has also witnessed a significant increase in the volume of operations and the number of operations related to electronic payment, In addition to an increase in the number of bank cards, and doubling the number of electronic payment points ( pos ), therefore there is a big change.”
He stressed that "the current year will witness significant and tangible change by the citizen."
Tariq pointed out that "the institution seeks as much as possible to strengthen relations between electronic payment companies and banks on the one hand and between government institutions and the Central Bank of Iraq on the other hand, in addition to educating the community on the continuous use of electronic payment tools link
"RV UPDATE" BY MILITIAMAN, 10 JUNE
Militia Man
Anybody going with Sudani is going against the mafias and going against those that are going to have their dollar auctions dry up.
They're going to have lots of different little things happen to them that are going to be painful. Anybody that's holding the dollar when they change the exchange rate...those exchange companies, 197 banks that got tagged by the central bank...
they're going to have a painful experience because if you're not large on the dinar and you own dollars and Alaq drops the three zeros, those guys are going to have a painful situation... They've been warned. They've been open about stopping the dollar auctions in Iraq for this year...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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RayRen98 BANK STAFF RECEIVED "GET READY" MEMOS THIS MORNING, THEY'VE BEEN EXCITED ALL DAY! Nader From The Mid East Y...