Including Iraq.. Three countries have the highest number of investment contracts signed during the month
8/28/2024
A report by the British magazine "MEED" stated on Wednesday that three countries, including Iraq, had the highest number of investment contracts signed in July.
The magazine stated in a report, which Shafak News Agency reviewed, that "the Middle East and North Africa region witnessed the signing of investment deals worth $23.9 billion in July."
The report explained that "Saudi Arabia ranked first among the Arab countries by signing investment contracts worth 14.3 billion, while the UAE came in second place by signing contracts worth 4.2 billion dollars, while Iraq came in third place by signing investment contracts worth 2.5 billion dollars."
He pointed out that "Egypt awarded contracts worth $2.1 billion, Kuwait $515 million, Oman signed contracts worth $140 million, Bahrain $33 million, and Qatar $27 million." LINK
A lot of people calling for it to start within 24 hours. There is a whole lot of chatter with groups who are expecting money movement at any moment or over the weekend.
The rumors out of the groups are everybody will be working this weekend. Group leaders are all charged up and ready...we hear Al Alaq (Governor of the CBI) is to go from New York to DC today. We are hopeful it means something…. Comment: Slowly, Slowly, SUDDENLY.
MarkZ: I think we are finally at the suddenly part.
Comment: Wealth manager sent out memo saying the dinar is a scam.
MarkZ: Well if it is a scam - Trump invested in it, Warren Buffet invested in it…the US treasury has invested in it. I believe even George Soros has invested in it…and almost every central bank around the world has invested in it. So if it is a scam…well, all the smartest people in the world fell for it.
Tuesday 27 August 2024 17:51 | Politics Number of readings: 75 Baghdad / NINA / National Security Adviser Qasim Al-Araji reiterated the Iraqi government's confirmation that NATO's mission in Iraq is an advisory mission and not a combat mission.
The National Security Advisory said in a statement: "Iraq and NATO held, today, Tuesday, the first session of the High-Level Partnership Dialogue at the alliance's headquarters in the Belgian capital, Brussels."
According to the statement, a high-level official Iraqi delegation headed by National Security Adviser Qasim Al-Araji participated in the dialogue, while the side representing NATO was headed by Assistant Secretary-General for Operations and Special Coordinator for Counter-Terrorism Tom Govas, and the Secretary-General's Representative for Southern Neighborhood Affairs Javier Colomina.
The dialogue, which came at the invitation of NATO, discussed ways to enhance the partnership between Iraq and the alliance, including completing the capacity building of Iraqi security forces and other issues related to border security, combating drugs and terrorism, and the file of the Syrian Al-Hawl camp.
During the dialogue, Al-Araji reiterated the Iraqi government's emphasis that NATO's mission in Iraq is an advisory mission and not a combat mission, stressing: "The long-term partnership with NATO is to achieve Iraq's interests, fight terrorism, and develop and rehabilitate the capabilities of the Iraqi forces," stressing the importance of continuing dialogue and partnership with NATO, to achieve Iraq's interests, security and stability.
In a speech on the sidelines of the dialogue, the National Security Advisor referred to Iraq's position rejecting the killing and starvation taking place in the Gaza Strip, and that there is no security or safety except with the existence of an independent Palestinian state, stressing the importance of adopting the principle of dialogue and diplomatic channels as a way to resolve international crises and conflicts.
For their part, NATO representatives praised Iraq's pivotal role and its importance in enhancing the security and stability of the region, expressing the alliance's readiness to increase cooperation and enhance the defense capacity building package agreed upon between the two sides.
Al-Araji also extended an official invitation to NATO representatives to hold the second session of the High-Level Partnership Dialogue in the capital, Baghdad, next year. /End9 https://ninanews.com/Website/News/Details?key=1150108
So, I wanted to share that good news and the next part is about the lower denominations. So, there's been rumors going around that there's lower denominations have been released. That was the key word that the gurus said, “released,” and this information I'm bringing you is coming from two people that are Liberty Loungers extraordinaire that have family inside Iraq.
One of them has a family member who is a part of the parliament in the financial committee that's rolling out the Iraq financial reforms.
And as of Friday, and Saturday when she reached out to me, she said, I'm going to be a part, out to him, they could not confirm, there was no official release of lower denominations. And she went on to say, “You know, TNT likes to be ahead of everyone else, so maybe he's making it educated, guess I'll let you know more as soon as I hear.”
Then I got another message today, confirming from another friend who has family inside Iraq. She said, “From my source, and then yesterday Mark Z was saying the same thing, that they are seeing old lower denominations that were used years ago, those are in play.
But not the new ones yet. People are getting confused on this. Mark even showed us a lower denomination that he had last year, and some of those are still out there in Iraq. So that's probably what people are seeing, and they're mistaking for the new notes, which have indeed already been printed, and they've been seen as far as,
you know, people are aware that they're out as far as they're printed and they're in the ATMs, but they are not out as far as released to my knowledge,” she said. And Mark, of course, agreed with that they've not been officially released but we know that is going to be the step when the official RV happens. So, I thought that was pretty encouraging just to get the facts on that to avoid confusion.
And the next bit of news is there was a little post, a screenshot that's been going around viral this weekend saying that, yeah, there's a cute post that says everything has to happen in duplicate, everything has to happen twice, I guess, for like validation for the White Hats setting the stage, and because of this delegation in the U.S.A., this means we're here, this has happened twice.
And I just wanted to, you know, just call fake news, because Iraq has been here at least four times, if not five times. To my knowledge from following this very, very, very closely, absolutely more than two, I actually remember the first time my jaw dropped when they were here, it was actually Nancy Pelosi, of all people, who celebrated and acknowledged Al-Sudani for Iraq regaining their sovereign status.
So, yeah, they've definitely been here more than twice in recent, very recent years. So, all is looking good, everything is positive. We were seeing Militiaman, TNT, and others quoting this whole D.C., you know, information that is just not true. But definitely they will be back in D.C. in October, and lots of good things happening. But we know that the, you know, the trip here to New York City is also beneficial.
So, there's nothing slowing this down. Everything is positive. Everything is encouraging. Keep your chin up. And, you know, all is well, and just wanted to just help confirm, you know, the truth of what's really going on, and it’s the 27th of August, of 2024, and this is Ginger of the Liberty Lounge signing out.
Due to this being an informative message only, there is no Q&A attached.
Minister of Finance Stresses Importance of Regulating Iraq's Government Banking Sector in 2024
In August 2024, Iraq's Minister of Finance, Taif Sami Mohammed, emphasized the critical need to complete plans aimed at regulating the work of the government banking sector. This move is part of a broader strategy to strengthen the private sector and attract foreign direct investment, which has been a recurring theme in Iraq's development strategies since 2006.
Background on Banking Reforms
The Iraqi government has intensified its efforts to reform the banking sector, recognizing the importance of addressing exchange rates and enhancing the overall efficiency of financial institutions.
These reforms are not only crucial for stabilizing the national economy but also for improving Iraq's international standing and investment climate.
Digital Banking Regulations
In line with global trends, the Central Bank of Iraq launched regulations governing the licensing of digital banks on March 28, 2024. These regulations are designed to foster innovation while ensuring a robust regulatory framework that protects consumers and maintains financial stability. Digital banking is viewed as a key component of modernizing Iraq's financial sector.
Partnership with European Bank
The Minister of Finance also highlighted the importance of partnering with international institutions, such as the European Bank for Reconstruction and Development (EBRD), to support the government's economic diversification plans. By leveraging foreign expertise and capital,
Iraq aims to strengthen its private sector and accelerate digital transformation in the financial infrastructure.
Challenges and Opportunities
Despite these positive steps, Iraq continues to face significant challenges, including institutional weaknesses, fiscal constraints, corruption, and governance issues. These factors have historically impeded development efforts. However, the government's renewed focus on banking sector reforms and international partnerships represents an opportunity to overcome these barriers and pave the way for a more prosperous and diversified economy.
In summary, Iraq's Minister of Finance is driving forward comprehensive plans to regulate the government banking sector, recognizing the critical role of financial stability in national development. By addressing regulatory frameworks, embracing digital banking, and forging strategic partnerships, Iraq aims to create a more resilient and dynamic economy.
