Friday, June 14, 2024

The Foreign Minister invites the European Union representative to visit Iraq, 14 June

 The Foreign Minister invites the European Union representative to visit Iraq

Foreign Minister Fuad Hussein invited, today, Friday, the High Representative of the European Union for Foreign Affairs and Security Policy, Joseph Borrell, to visit Iraq.

A Foreign Ministry statement stated that “The High Representative of the European Union for Foreign Affairs and Security Policy, Mr. Josep Borrell, stressed in a telephone call with the Deputy Prime Minister and Minister of Foreign Affairs, Mr. Fuad Hussein, the importance of protecting the stability of Iraq, indicating that the European Union considers this part of its foreign policy priorities.” and security of the region.”

According to the statement, Borrell called for "the necessity of maintaining strong relations between the United Nations and its mission on the one hand and the Iraqi government on the other hand."

According to the statement, during the phone call, the two sides discussed "a group of issues related to European-Iraqi relations and the situation in the region."

In the field of bilateral relations, the Minister of Foreign Affairs expressed his "happiness with the development of relations between the two parties and reaching understandings in various fields, cooperation and joint work based on the partnership agreement signed between the two parties more than a decade ago." 

The statement added that "the call discussed the serious tensions in the region, and they expressed their support for the Security Council resolution on the ceasefire in Gaza," expressing at the same time their concern about the danger of expanding the scope of the war and its extension to southern Lebanon, noting that "the call also touched on The conference was held last Tuesday in the Hashemite Kingdom of Jordan regarding assistance to the people of Gaza, and they discussed the results of the conference.

The statement concluded that “Hussein invited Josep Borrell to visit Iraq, while Borrell expressed his happiness and agreement to accept the invitation, and agreed to arrange a date for the visit in the last quarter of this year.” "General".  link

"IRAQ'S EXIT FROM THE LIST OF " HIGH-RISK COUNTRIES" BY MNT GOAT, 14 JUNE

 Mnt Goat  

...Iraq’s exit from the list of “high-risk countries" ...was officially announced by the International Task Force (FATF) last week. Yes, “the writing is on the wall” now as this is the BEST news..

.Iraq’s exit from the list of high-risk countries could not get any better. They are slowly clearing the way to the reinstatement, one obstacle at a time...They were not about to release the currency back to FOREX with this in place ...

WOW! WOW! WOW! news for us today.

...traders can’t trade the Iraqi dinar since OFAC sanctions are still on the currency and have not yet been lifted.

 It would be illegal and very risky to put any of the dinar in investment portfolios at this time... there is no back screen trading platform, so even if they did want to trade the dinar how would investors do it?

The Revaluation Of The Iraqi Dinar Is Expected To Happen Extremely Soon ...

Parliament sends the budget to the Presidency of the Republic for approval/document, 14 June

 Parliament sends the budget to the Presidency of the Republic for approval/document

Parliament asks the Presidency to approve the budget schedules

Office of the President of the Republic

M/ Parliamentary decision

good greeting ..

We are sending you Parliamentary Resolution No. (64) of 2024, voted on in session No. (27), held on 6/3/2024 of the first legislative term, third legislative year.

Fifth electoral cycle.

with respect

Accompaniments:

Parliamentary Resolution No. (64) dated 6/3/2024 0

- Disc (CD).

Safwan Bashir Al-Jarjari, Secretary General of the House of Representatives

Dhul-Hijjah / 1445 AH

June 12, 2024 AD  link

"RV UPDATE" BY MIKE BARA & MARKZ, 14 JUNE

 MarkZ 

 [via PDK]

  [Referencing Mike Bara post below, 6-14-2024]   

Revaluating? I thought this was important...I had sat down with some bankers who wanted to run through scenarios with me and my currency and train some people. And that was the exact term they used in banking then. It is going to revaluate…Its revaluating. That is the terms the banks use. They do not say RV or that it’s going to revalue. Its revaluating.

  Over the last 4-5 days I have received so many calls from people in banking who told me  “ You are right- they are telling us it is imminent and any moment. We should be seeing it soon  - get yourself prepared“.

Mike Bara 

I want to say that this is not a rumor. I am not passing on a rumor...I know a guy...he got a call from a High corporate banking official from a major bank. And he said “You know that thing you have been bugging me about for the last 10 years?”

 (and we all know what it is – it’s the RV) And the banker said “Well congratulations buddy- your dreams are about to come true!”..

.And the banker said  We just got a memo today, a letter from headquarters informing us to Get Ready Right Now because the Iraqi dinar is revaluating extremely soon. Boom...  I don’t know how to evaluate the term “really soon” except to say I think it means in the next 2 or 3 days. We don’t know but, that’s what I think it means.

IRAQI DINAR: BREAKING: CURRENCY RESET IMMINENT!!! MarkZ Insider Intel CO...

First MyAccount ATM to be installed in Sulaimani, 14 June

 First MyAccount ATM to be installed in Sulaimani

In the Kurdistan Region of Iraq (KRG), more than 25,000 civil servants received their April salaries via their MyAccount master cards, and the number is expected to grow for the May salary.

Kurdistan24 Reporter Aram Bakhtiar on Friday stated that the first set of ATMs will be installed outside the Sulaimani Municipality as part of the MyAccount project.

In the Kurdistan Region of Iraq (KRG), more than 25,000 civil servants received their April salaries via their MyAccount master cards, and the number is expected to grow for the May salary.

Kurdistan Region Prime Minister Masrour Barzani on May 31, in a post on X called for Kurdistan Region civil servants to continue registering for the MyAccount initiative.

The government’s Department of Information Technology (DIT) designed, tested, piloted, and implemented a secure application for onboarding KRG civil servants into the program in line with the Central Bank of Iraq’s Know-Your-Customer (KYC) needs, according to a press release previously shared with Kurdistan24.

Eight banks have so far taken part in the project, including BBAC, Cihan, RT Bank, Bank of Baghdad, Iraqi Islamic Bank, National Bank of Iraq, Trade Bank of Iraq, and the International Development Bank.

MyAccount project is the KRG's financial inclusion program which aims to "provide public sector beneficiaries with a safe and convenient way to access their salaries."  link 

Iraq Stock Exchange leads Arab markets with 130%+ growth in November, 26 DEC

  Iraq Stock Exchange leads Arab markets with 130%+ growth in November Shafaq News/ The Iraq Stock Exchange (ISX) saw a 130%+ increase in tr...