Article Quote: “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy.”
I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process...the CBI and the Finance Committee...are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort...In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement.
...they are now telling us they can see light at the end of the proverbial tunnel. No, they do not directly tell us this but you can read into the articles and understand the tone...
Saudi Arabian airline (flyadeal) announced on Saturday the start of its flights to Iraqi airports.
The company said in a statement that this decision comes “to activate Iraqi-Saudi relations, and in line with the Iraqi government program, diplomatic efforts, mutual government visits and joint committees between the two countries.”
This aims to support Iraq’s efforts to open up to the Arab and global oceans, and to promote the Umrah season and the turnout of Iraqi Umrah pilgrims to perform Umrah.
Flyadeal Airlines has started operating large-capacity aircraft, operating three weekly flights between Baghdad International Airport, Najaf Airport and Basra International Airport.
The statement added that the company intends to increase the number of flights to become daily, to include all airports in Iraq, in order to accommodate the large numbers of Iraqi pilgrims and facilitate their flights and visit to the Kingdom
This is where we are intelligence-wise: we are definitely aiming for a moving target; We should have been there yesterday, but where are we? The next seven days, and Bruce believes they will start over the weekend, are for NESARA to be out and looking for two major debt reliefs or mortgages or credit cards or both, so that when you set up your QFS, the funds from the R&R and SS increase should be in your account and they have all your account numbers and know everything about you, because of the KYC form.
And if you can, two forms of photo ID or any other ID you have, and a utility bill to see your address; and beyond that, your currency just has to be counted and verified and you will have the opportunity to have the WF accounts set up and the QFS account and cards for both and you will be able to transfer funds the same day.
Zim holders have a lot, but only transfer what you need for 30 to 60 days; You can transfer funds on your own or even with the Qphone you received at the time of your exchange; and that QFS card is only for transferring funds to your other main accounts. Maximum 3 banks.
A biometric fingerprint or thumbprint, a username and password, a five-digit PIN number, and a new email account, so you'll need a password for that too; then it will be ready. And three to five minutes to give a presentation of your projects and also if you have a medical need and you want to get into MedBed right away, they know that you will be able to get in quickly within five to six days after the exchange.
We're thinking about starting to do it since we didn't go at 4am today. because we were told we would receive our notification emails within 24 to 36 hours, so between 4 a.m. and 3 p.m. m. and 4 p.m. m. Friday for notifications and other sources, said it would be notified tomorrow and trading would begin on Saturday or Sunday, and that takes us to the end of the month.
Another idea is that we try to do all this by September, so this fiscal year is the last of the year that this will be done and NESARA, R&R and SS increased to reach this month.
TRANSLATION IN SPANISH
Gem Finch, [20/09/2024 12:39 PM]
SOLO INTELIGENCIA
*¿DÓNDE ESTAMOS AHORA?*
Aquí es donde estamos en cuanto a inteligencia: definitivamente estamos apuntando a un objetivo en movimiento; deberíamos haber estado allí ayer, pero ¿dónde estamos? Los próximos siete días y Bruce cree que comenzarán durante el fin de semana, son para que Nesara esté afuera y busque dos condonaciones de deudas importantes o hipotecas o tarjetas de crédito o ambas, de modo que cuando configure su QFS, los fondos de la R&R y el aumento de la SS deberían estar en su cuenta y ellos tienen todos sus números de cuenta y saben todo sobre usted, debido al formulario KYC. Y si puede, dos formas de identificación con fotografía o cualquier otra identificación que tenga, y una factura de servicios públicos para ver su dirección; y más allá de eso, su moneda solo tiene que ser contada y verificada y tendrá la oportunidad de tener las cuentas WF configuradas y la de QFS y tarjetas para ambas y podrá transferir fondos el mismo día.
Los titulares de Zim tienen mucho, pero solo transfiera lo que necesite durante 30 a 60 días; podrá transferir fondos por su cuenta o incluso con el Qphone que recibió al momento de su intercambio; y esa tarjeta QFS es solo para transferir fondos a sus otras cuentas principales. Máximo 3 bancos.
Una huella dactilar o del pulgar biométrica, un nombre de usuario y una contraseña, un número PIN de cinco dígitos y una cuenta de correo electrónico nueva, por lo que también necesitará una contraseña para eso; luego estará listo. Y de tres a cinco minutos para hacer una presentación de sus proyectos y también si tiene una necesidad médica y desea ingresar a MedBed de inmediato, sabrán que podrá ingresar rápidamente dentro de los cinco a seis días posteriores al intercambio.
Estamos pensando en empezar a hacerlo, ya que no fuimos hoy a las 4 a. m., porque nos dijeron que recibiríamos nuestros correos electrónicos de notificación en un plazo de 24 a 36 horas, por lo que entre las 4 a. m. y las 4 p. m. del viernes para las notificaciones y otras fuentes, dijeron que se notificaría mañana y comenzaría el intercambio el sábado o domingo, y eso nos lleva hasta el final del mes.
Otra idea es que intentemos hacer todo esto para septiembre, por lo que este año fiscal es el último del año en que se hará esto y Nesara, R&R y SS aumentaron para llegar a este mes.
Iraq Fund for Development: New Governance Approval 2024
On September 21, 2024, the Iraq Fund for Development (IFD) announced the approval of a new governance structure, marking a significant milestone in the country's efforts towards economic stabilization and sustainable growth.
Economic Outlook and Reforms
The IFD's new governance framework comes at a critical juncture for Iraq's economy. Ongoing contraction in economic activity, due to OPEC+ restrictions on oil production and a halt in Kurdistan's oil exports to Turkey since March 2023, has led to a fall in Iraqi oil production. However, with the phased lifting of quotas between September 2024 and December 2025, Iraq anticipates a gradual increase in production, paving the way for economic recovery and growth by 2025.
The government's focus on encouraging investment in the oil and gas sector is evident in the trilateral investment agreement signed in July 2024, worth USD 27 billion over 25 years, between Basrah Oil Company, TotalEnergies, and QatarEnergies. This agreement aims to boost production from the Ratawi oil field in Basra and improve electricity supply by recovering flared gas for power stations.
Moreover, the government's commitment to investing in local infrastructure, healthcare, electricity, and education services, as part of the 2023-2025 budget, reflects a strategic move towards inclusive economic development.
Sustainable Development and Infrastructure
KBR's recent contract award highlights Iraq's focus on regenerative projects and sustainable growth. The contract, valued at $46 million, tasks KBR with supporting the Ministry of Planning in economic planning, strategy development, feasibility studies, and large-scale project management. KBR's role in enhancing Iraq's energy sector and promoting environmental stewardship aligns with the country's long-term vision for growth.
Environmental and Social Resilience
The unveiling of Iraq's National Strategy for Environmental Protection and Improvement (2024-2030) demonstrates the government's commitment to addressing environmental challenges and enhancing social resilience. This strategy, developed in collaboration with national institutions, environmental experts, and civil society, aims to mitigate environmental pressures and support vulnerable populations.
Governance and Transparency
The approval of the new governance structure for the Iraq Fund for Development underscores the government's commitment to improving governance and attracting domestic and foreign investors. Efforts to align with international financial standards and enhance transparency are crucial steps in fostering trust and investment in Iraq's development projects.
Conclusion
The approval of the new governance for the Iraq Fund for Development in September 2024 signifies a pivotal moment in Iraq's economic trajectory. By focusing on sustainable development, environmental protection, and governance reforms, Iraq is positioning itself for a more resilient and prosperous future.
The Iraq Fund for Development announced on Saturday the approval of a new governance, which is the first of its kind, and while explaining the details of the “investor rental service”, he set a date for the start of establishing 400 schools after completing their designs.
The Executive Director of the Fund, Mohammed Al-Najjar, said: “The Board of Directors of the Iraq Fund for Development periodically holds meetings, and the last meeting was exceptional as it included the approval of the so-called new governance that was not previously beaten in Iraq and the possibility of the Fund working in accordance with other funds around the world,” noting that “governance is required because most projects are investment and governance in them will generate a transparency issue in the entry and exit of funds.”
He added that “the second axis discussed the activation of the Duben project for schools and the guarantees required from investors in schools to the government or the fund; with the aim of starting the project within a month.”
Regarding the purchase of services from investors, Al-Najjar said that “the fund is on its way to activating the rental service from the investor, as the school that is built is rented by the investor for ten years and then returns to the state,” pointing out that “the basic idea of this work is that it will enable us to build 10 schools for one previously.” He stated, “We started buying the cost, which is divided into ten years in the form of rent, and this allows the construction of 10 schools at the same time instead of one,” pointing out that “the importance of moving capital from investors and the private sector to make profits through rents.”
He pointed out that “this leads to the creation of a large movement of schools that are built simultaneously and create great job opportunities and the demand for raw materials and makes the private sector an essential part with the government in the implementation of strategic projects,” pointing out that “at the beginning of the establishment of the fund, it was discussed to transform the clay schools that fall and caravanism to be implemented with this system, as the total number according to the available statistics are 1750 schools.” He stressed that “the fund will start the first 400 schools within a month or less because the designs have been completed and the contracts with consulting companies have been completed, and what remains is the choice of investors capable of implementing the first 400 schools according to international standards.” He stated that “these schools will be environmentally friendly, and built in low-afforested areas,” pointing out that “no money will be granted until the school receives the first rent.” He pointed out, “If we succeed in this service, there are countries and organizations that will benefit from its funding.” Regarding the presidential palaces in Basra, he pointed out that “the palaces are located in a very important location and will allow the existence of structures that serve tourism significantly in Iraq, in addition to the fact that they provide very large resources.”
