Too little, Too late Mr. Alaq! BY MNT GOAT, 17 AUGUST

THE CENTRAL BANK OF IRAQ CREATES AN ELECTRONIC PLATFORM TO MANAGE COMPLAINTS FROM CLIENTS OF FINANCIAL INSTITUTIONS

The Central Bank’s media office stated in a statement received by {Al Furat News} that “Central Bank Governor Ali Mohsen Al-Alaq chaired the first preparatory meeting to establish a national company to manage central electronic payment systems in Iraq, with the participation of a number of bank officials, bank managers, electronic payment service provider companies, and the Iraqi Private Banks Association.”

He added, “During the meeting, the importance of regulating electronic payment operations, keeping pace with rapid technological developments, and creating a competitive payment industry that provides secure, reliable, easy-to-access, widely interoperable payment services, rapid response, and high flexibility to technical and regulatory changes were discussed.”

The office stated that “the meeting reviewed the company’s basic objectives and the special requirements for starting the establishment, as it will undertake the tasks of managing some of the central and basic electronic payment systems at the national level, operating them and developing them,” noting that “this step came in line with the strategic plan of this bank, which goes hand in hand with the government program in the field of electronic payment and its development in Iraq.”

(Too little, Too late Mr. Alaq!   ☹)

LATEST FROM MILITIAMAN, 17 AUGUST

 Militia Man 

 Corruption...At the very last minute you're going to do something that's dramatic and you're going to create value, you're going to want to have all the bad folks under the gun and maybe even notified prior to that we got your number..

 What I bring has data behind it.  I'm not just making it up or just getting phone calls.  I'm actually doing the work.  I put it together.  It takes a lot of time to put all the work together.  

I like doing it because it does help so many people...You're not the only ones that are tired.  Everybody in our crews can be tired at times.  We all need to support...

Article quote:  "Federal Integrity Commissioner...says we discussed the development in the integrity file and the government's efforts to recover funds into the Iraqi state treasury."

  There's some people out there that have stolen a lot of money and that money is still floating around the world...If you stole it you're probably going to have a knock on the door...If you're playing by the rules you shouldn't have a problem.  Depends on who writes the rules of course...

Why the Iraqi Dinar Revaluation Is Taking So Long | Financial Power Play...

Parliamentary Oil Committee reveals details of oil smuggling from the region to Iranian ports, 17 AUGUST

  Parliamentary Oil Committee reveals details of oil smuggling from the region to Iranian ports

The Parliamentary Oil and Gas Committee revealed, on Thursday, the details of oil smuggling from the Kurdistan Region to Iranian ports, explaining that this operation caused a crisis in the transfer of crude oil between Iraqi refineries.

The committee’s deputy chairman, Adnan al-Jaberi, said in a press interview, “We have seen a document issued by the State Oil Marketing Organization (SOMO) regarding the smuggling of oil from the Kurdistan Region to Iranian ports,” noting that “this document states that oil is smuggled from Erbil and Sulaymaniyah via tankers through the Bashmakh and Pirouz Khan crossings.”

Al-Jabri added, "The document revealed that the price of transporting one ton of crude oil to Iran is $135," noting that "this issue caused an internal crisis in the land transport of oil, considering that most of the tankers are private and have turned towards loading these smuggled materials, and there has been a defect in the transport of official oil, because SOMO pays $33 per official ton, while the cost of transporting smuggled oil reaches $135 per ton, and thus most of the tankers have turned to transporting smuggled oil."

Al-Jaberi continued, "This crisis has caused the accumulation of crude oil in a number of refineries, which has affected the quantity of petroleum derivatives in these refineries," noting that "the Parliamentary Oil and Gas Committee is following up on this issue with importance, and we will host general managers in this regard."   link

"WHERE ARE WE NOW? , INTEL ONLY, BY GEM FINCH, 16 AUGUST

 INTEL ONLY

***WHERE ARE WE NOW???***

Gem Finch, [16/08/2024 12:29 PM]

First R&R  - new information today the money from BC and Divorce Decree or Death Certificate parent’s spouse there were four areas traded as bonds.  The other thing is interest we paid on mortgages and bank loans for cars or whatever?  And for some of the older folks so older people will get a pretty big chunk – now for those in the currencies and Zim and those with Zim  - we will get our R&R put into our QFS accounts.   They should tell us that and how much it’s going to be before the total from the exchanges are added.   When it comes to the QFS  - so the Quantum Card thicker than a CC and has three chips  but we never carry that around with us and we only use it to move funds into your primary and secondary accounts, from the QFS account.    You can move to three different banks.   You don’t use it for anything else  - it’s not a CC /Debit card and you don’t ever want to lose it.

Access to the QFS we will get the R&R into that account and know what that is before the other funds are added.  Now here is the other thing to access the QFS they’ll use a biometric finger or thumb print and username and password all of which have to be written down and all other passwords at that exchange.   And a five digit  ID number and a new email address all you have to add to access your QFS accounts.   So this is backed by the New UST  - Bruce is saying gmail is a safe email.

We know when the R&R is happening for us  - but for non-exchanges because this goes to anyone 28 years and older and the green card holders you need to have had your card for 18 month minimum.  Say your 55 or younger – but this will be deposited directly into your bank account.   They know what your bank account is because of the Ssecurity you had to use  and this all starts on Monday 19th August and could take up to 7 days to show up and you’ll know when you have a deposit  - email/phone call or online notification.  And for the older folks its substantial – but for the younger ones under 35 that says you won’t quit your present job for 10 years or stay employed part-time  - retirement age maybe working or not, many of them don’t even want to retire, so these people we want to get in MedBeds and their lives restored.

Now Monday 19th  - what we are hearing is the Nesara /Gesara is supposed to be announced.  Either by Justice Clarence Thomas or Gen Mike Flynn, one of those two.

What about the new USN – US New Note Treasury Note.   The USN supposed to be coming out around Monday.   I hope it get’s announced as Asset Backed but it might not be announced as Gold Backed.   Nesara and Gesara and R&R is part of that – so we should get an announcement on Monday   -   NOW MEDBEDS now if you are a Zim Holder and you have priority so those should be rolled out in the first three days of Next Week and that IS BIG FOR US. 

When you go in for your exchange  - you mention then about your need for the MedBed  - but you might have to mention about your particular issues and then they enter that info a computer and for all those we want to get to the MedBeds for our loved ones immediately and they also want us to be around to see the longevity of our Projects, and to get Age Regressed is important but of course we retain our wisdom – just we’ll feel and look maybe up to 40 years younger.

DINAR REVAUATION : Iraqi Dinar & NDAs: The Secret Behind Currency Deals

A deputy reveals the results of the war on “hard currency” smuggling, 16 AUGUST

 A deputy reveals the results of the war on “hard currency” smuggling

On Thursday, Representative Yasser Iskandar revealed the results of the war on the smuggling of hard currency from Iraq. 

Iskandar said in an interview with Al-Maalouma, “The smuggling of hard currency is one of the tools that drain the economy and creates an anomaly in the balance of exchange rates and pushes the parallel market to rise, which leads to excessive prices in the markets, the price of which is paid by the simple people.” 

He added, “The efforts of the Ministry of Interior with the Central Bank and supporting formations contributed to reducing the file of hard currency smuggling by 80%, while directing 11 specific strikes to companies and offices dealing in the file of selling currency illegally.” 

He pointed out that "currency smuggling is part of corruption that requires exceptional efforts to dismantle it, and government committees are continuing to expose it day after day." 

It is noteworthy that the smuggling of hard currency leads to an increase in exchange rates in Iraq, which puts pressure on the markets and leads to the emergence of excessive prices.   link