Foreign Minister From Washington: The US Treasury Evaluated The Efforts Of The Central Bank Positively

  Political     Yesterday, 23:09  Washington – IA  Deputy Prime Minister and Foreign Minister Fouad Hussein confirmed that the  US Treasury Department evaluated the efforts of the Central Bank positively, while  indicating that a military delegation would visit Washington to hold security discussions.

 Hussein said in a press conference held in the American capital, Washington, attended by the Iraqi News Agency (INA), that  “our visit to Washington was to attend the NATO summit at the invitation of the American side, and  on the sidelines of the summit we held extensive meetings with leaders of several countries, and  we held a meeting with the US Treasury Department to discuss issues.” Related to monetary policy and banking signals. 

He added,  "The US Treasury Department positively evaluated the efforts of the Central Bank," noting that  "a military delegation will visit Washington to hold discussions about the security agreement concluded between Iraq and the United States."  He continued: "We discussed in the NATO meetings the future of the international mission, along with cooperation with the Iraqi Ministry of Defense."    https://www.ina.iq/212487--.html    

RV UPDATE BY MARKZ, 14 JULY

 MarkZ  

 [via PDK]  I absolutely believe they have the rate…I don’t think Iraq is stalling...I think they are waiting for the “go” signal.

The biggest news today came from banking, wealth management, redemption folks. I was told they do have to work this weekend. It’s mandatory that they have to work this weekend...this is unusual. Normally they set them up as a “call in” But no - this weekend they have to work.  I hope it means something lovely.

 I need to be very careful with what I can share. I will say that things are very upbeat... The banking system in Iraq is exceptional now…its better then what it was before the rate was reduced (2003?) They did not have this level of banking security in Iraq- even when the rate was $3+ USD per dinar. This is all over their news.

Iraqi dinar | IMF Confirmed IQD $4.89 | Iraqi Dinar News Today 2024 | di...

An Iraqi military delegation plans to visit Washington soon

 Baghdad – Mawazine News

Deputy Prime Minister and Minister of State Fouad Hussein confirmed that the US Treasury Department has positively evaluated the efforts of the Central Bank, while noting that a military delegation will visit Washington for security talks.

“Our visit to Washington was to attend the NATO summit at the invitation of the American side, and on the sidelines of the summit, we held intensive meetings with the leaders of several countries, and we held a meeting with the US Treasury Department to discuss issues related to monetary policy and banking marks,” Hussein said at a press conference held in Washington, D.C.
He added, “The US Treasury Department positively evaluated the efforts of the Central Bank,” noting that “a military delegation will visit Washington for talks on the security agreement concluded between Iraq and the United States.”
“We discussed in NATO meetings the future of the international mission with cooperation with the Iraqi Ministry of Defense,” he continued.

https://www.mawazin.net/Details.aspx?jimare=251224 

RV UPDATE BY CLARE, 14 JULY

  Clare 

 Article: "For the first time, the Iraqi state's non-oil revenues record an increase of 11%" 

Quote: "...for the first time, the non-oil revenues of the Iraqi state recorded 11% of the total revenues, with oil revenues falling below the 90% barrier."

 Community Comment: "I don’t understand how the budget can be sent back to Parliament when the President signed and sent it to the Gazette for publishing ." 

 Article:  "A representative of the framework: The 2024 budget will be returned to the House of Representatives and the reason is revealed”  

THE AMENDMENTS NEVER GOT PUBLISHED IN THE GAZETTE YET.

 Article: "Customs revenues amount to nearly one trillion dinars in the first half of 2024"

  Article:  "Foreign Minister arrives in Washington"  Quote:  "Foreign Minister Fuad Hussein arrived in Washington today, Wednesday, to participate in the 2024 NATO Summit."

IRAQI DINAR💥 $3.22 OR HIGHER? IRAQI DINAR NEWS TODAY 2024 | IRAQI DINAR ...

Iraq calls on Washington to reconsider sanctions on banks

 Baghdad – Mil

Deputy Prime Minister and Secretary of State Fuad Hussein on Friday called for a review of sanctions against Iraqi banks, during a meeting with the US Undersecretary for Terrorism and Money Laundering Affairs.

The State Department said in a statement received by Mill, that “Minister Fuad Hussein met with the US Undersecretary of the Department of the Treasury for Terrorism and Money Laundering, Brian Nelson, in the presence of the two accompanying delegations at the ministry’s headquarters in Washington, D.C., during which they discussed the issues on which the two parties are working in accordance with their previous reform agreements.”

Hussein stressed, according to the statement, “the commitment of the Iraqi government to move forward with its reform and economic measures related to the Iraqi banking system and the energy sector.”

He explained that “the government’s policy seeks to achieve the independence of Iraqi energy through associated gas investment projects, and the development of the mechanism of Iraqi banks in line with international standards to ensure transparency and provide open data, enabling banks to provide the services needed by the Iraqi people, calling on the American side to reconsider the sanctions imposed on about 32 Iraqi banks, as they engaged in the process of structural reform.”

Hussein pointed out that “the stability of the exchange rate of the Iraqi dinar against the US dollar is a fundamental pillar for achieving economic, social and political stability in Iraq, which is what the government seeks to achieve, calling on the concerned US institutions to review and build on it.”

For his part, Nelson praised the steps taken by the Iraqi government to support the Iraqi economy and address the challenges it faces.

Nelson stressed, according to the statement, that “the competent American institutions understand the seriousness of the Iraqi government in modernizing the working mechanisms in the Iraqi institutions, expressing the readiness of the American side to help Iraq in addressing the obstacles to its reforms, which will reflect positively on the Iraqi economy.”

https://miliq.news/political/32594–.html