Sunday, August 18, 2024
"THESE ARE THE GOALS OF THE MONETARY REFORM SUCCESS" BY FRANK26, 18 AUGUST
KTFA
FRANK26: "THESE ARE THE GOALS OF THE MONETARY REFORM SUCCESS"........F26
Attracting investors and limiting currency smuggling.. Specialist explains the importance of "digitizing" Iraqi banks
8/16/2024
Baghdad
Financial and economic expert Nawar Al-Saadi revealed, today, Friday (August 16, 2024), the importance of the benefits of "digitizing" financial transactions for Iraqi banks, while pointing out that digitization can enhance financial inclusion by attracting users who do not deal with traditional banks by providing easy-to-access and easy-to-use services.
Al-Saadi told Baghdad Today that “digitizing financial transactions in Iraqi banks can provide significant benefits, especially in terms of reducing currency smuggling,” indicating that “by adopting digital systems, banks can track all financial transfers with greater accuracy and transparency. This means that each transaction is automatically recorded and saved in a central database that can be reviewed at any time. This allows the relevant authorities to monitor and quickly detect suspicious financial activities, making it difficult for smugglers to exploit the financial system to smuggle currencies.”
“Digitizing the banking system contributes to reducing money laundering cases, as these operations usually depend on exploiting loopholes in traditional systems, but with an advanced digital system, these operations become more complex. Digitization also allows the use of advanced technologies such as artificial intelligence to analyze patterns in banking data and identify any abnormal or suspicious transactions,” he added, stressing that “this helps prevent money laundering by early identification of unusual activities and reporting them to the competent authorities.”
Al-Saadi explained that “to implement this digital transformation in Iraq, there is a need for investments in technological infrastructure and developing the institutional capabilities of banks,” noting that “this requires providing modern technology, training employees to use it effectively, in addition to developing legislation and laws that protect users and encourage digital transactions. It is also important to enhance customer awareness of the benefits of digital transactions and build their confidence in the new systems.”
He stressed that “digitization in banks contributes to achieving more transparency and credibility in the financial system, as each transaction can be easily tracked and reviewed. It also improves the operational efficiency of banks by completing transactions faster and at a lower cost. In terms of security, digitization provides higher levels of protection against fraud and theft through advanced encryption technologies.”
The financial and economic expert concluded by saying, “Digitization can enhance financial inclusion by attracting users who do not deal with traditional banks by providing easy-to-access and easy-to-use services. Digitizing financial transactions in Iraqi banks also has great potential to enhance economic stability and reduce the risks associated with money laundering and currency smuggling, leading to a safer and more efficient financial system.”
TNT UPDATE, 18 AUGUST
TNT
They are still paying the front of the line. We wait 
but it’s coming 
TNT Tony #wearethepeople rayren98blogtalkradio.godaddysites.com
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TNT TONY
- Fri. 16 Aug. 2024 TNT Tony
- “The system is live and working. People high up exchanged yesterday Thurs. 15 Aug. and today Fri. 16 Aug. The system is working. We are hours maybe a day away – tonight or tomorrow morning Sat. 17 Aug.emails could come out. Iraq has officially RV’d with a Rate of $3.19, Contract Rate $28.50. It would happen after Banks close tomorrow Sat. 17 Aug. Tier4b (us, the Internet Group) will be notified Mon. 19 Aug. with exchanges beginning Tues. 20 Aug.”
Fri. 2 Aug. 2024 TNT:
- On Wed. 31 July they were on High Alert. They are still on High Alert. Someone said between now and Sunday.
- The Wealth Managers say up to Tues., but they are scheduled to work this Sunday.
- All rates are on screen. Everyone is educated.
- The banks have been notified they will be working the weekend.
GOOD MORNING TNT TODAY IS FRIDAY AUGUST THE 2ND 20241:14 PM
A FABULOUS FRIDAY IT IS. YOU GUYS KNOW WHEN RAY SOUNDS EXCITED, IT MUST BE FABULOUS = WE ARE GOING TO GET INTO IT1:15 PM
YOU ARE LUCKY IF YOU HAVEN'T LOST SOMEONE OVER THE 15 YEARS1:16 PM
THE GOOD NEWS. - WEDNESDAY THEY WERE ON HIGH ALERT. THEY ARE STILL ON HIGH ALERT SOMEONE SAID BETWEEN NOW AND SUNDAY;
THE PEOPLE IN THE KNOW, PART OF THE PROCESS1:19 PM
ARE ALL SAYING BY THE TIME WE FINISH THIS CALL THEY ARE READY TO ROCK AND ROLL; AFTER 2 O'CLOCK TODAY, ANYTHING COULD HAPPEN.1:19 PM
THEY HAVE DOUBLE SHIFTS; PEOPLE THERE ARE STAYING AND MORE COMING IN1:19 PM
THEY ARE ALL SUPER, SUPER EXCITED.
THEY ALL WANT TO SEE IT GO. TO ALL BE APART OF HISTORY1:20 PM
THE WEALTH MANAGERS SAID UP TO TUESDAY.
BUT THEY ARE SCHEDULED TO WORK THIS SUNDAY1:20 PM
ALL THE RATES ARE THERE; EVERYBODY IS EDUCATED, THEY ARE READY. THERE ARE NO NEGATIVES1:20 PM
THEY ARE SAYING A HIGH PROBABILITY AFTER 2 PM1:21 PM
NOW THEY SAY BETWEEN MIDNIGHT AND 4 AM1:21 PM
TODAY THEY SAY WE COULD SEE IT REGARDLESS OF TIME. I BELIEVE THEY ARE TRYING TO GET IT DONE FOR A HOST OF REASONS1:22 PM
WE ARE IN A GOOD PLACE; EVERYONE IS CELEBRATING. EVERYONE IS HAPPY1:26 PM
ALL 3 LETTER AGENCIES ARE SITTING WATCHING THE CLOCK TICK. ALL OF THEIR PEOPLE ARE IN; SOME ARE DOUBLE-STAFFEDAug 2
THE BANKS HAVE BEEN NOTIFIED THEY WILL BE WORKING THE WEEKEND; THEY ARE ANTICIPATING IT...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/tnt-all-rates-are-there-from-ginger.html
Minister Of Oil: We Stopped Burning 65% Of The Gas, 18 AUGUST
August 15, 22:15 Information / Baghdad... Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed today, Thursday, the contracting of all gas fields and the cessation of burning 65% of its quantities, while pointing out that
Iraqi gas is distinguished globally by containing ethane used in petrochemical industries.
"During this period, the Ministry of Oil was answering all inquiries submitted by these companies, with the aim of facilitating the process of submitting offers and preparing them at the required level." He pointed out,
"The expected production rates for the patches are estimated at 700 to 750 thousand barrels per day, in addition to investing 850 mqmq per day of gas, but
it is hoped that the real levels will be higher than the speculative levels," noting,
"There are fields that are now producing large quantities." From the gas that is used to the national grid that equips the various power stations, the percentage of gas investment has reached more than 65 percent, while the quantities that are currently burned and have not been invested so far do not exceed 35 percent of the total gas quantities.” He continued,
"All gas fields have been contracted to invest and employ them through various contracts," pointing out,
"There are contracts in Dhi Qar Governorate that have been signed and are now being implemented in contract with (the American Baker Hughes Company), where the completion rate has reached more than 65 percent." %, and there are contracts signed with the French company Total to invest gas from five oil fields, which are (Majnoon field, West Qurna 2 field, Luhais field, Tuba field, and Artawi field), and through these contracts, all the gas that is currently being burned will be invested.” He stressed,
“The Ministry of Oil plans to completely stop burning gas at the beginning of 2028, and use all the gas produced to generate electric power and other industries,” adding that
“Iraqi gas is distinguished internationally by a specification that differs from other types of gas, as it contains a high percentage of the ethane compound.” Which can be employed and used in the petrochemical industries.” Ended 25 n
https://almaalomah.me/news/73464/economy/وزير-النفط:-أوقفنا-حرق-65-من-الغاز
Q & A ABOUT REDEMPTION CENTERS WITH GINGER, PART. 2, 18 AUGUST
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