Wednesday, September 25, 2024
Al-Sudani Reviews With US Financial Official The Government's Efforts And Plans For Economic And Financial Reform,25 SEPT
Tuesday 24 September 2024 | Economic Number of readings: 412 Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani reviewed with US Deputy Secretary of the Treasury, Wally Adeyemo, the government's efforts and plans for economic and financial reform.
A statement from his media office stated that Al-Sudani received, yesterday evening, Monday (Baghdad time), US Deputy Secretary of the Treasury, Wally Adeyemo, and a number of officials in the Ministry of Treasury.
During the meeting, economic relations between the two countries in various vital sectors were discussed, and the government's efforts and plans for economic and financial reform were reviewed, as well as the trend towards diversifying sources of Iraqi output, enhancing development targets, and practical measures applied in the field of combating money laundering.
The Prime Minister confirmed, according to the statement, that the government has made great strides in the financial and banking reform file, and 95% of bank transfers have been completed through the electronic platform, and less than 5% will be completed by the end of this year,
after which the transition to the correspondent banking system will take place, in accordance with the government's approach and commitment to raising the capabilities of Iraqi banks, in line with international standards and meeting the needs of the thriving investment environment in Iraq.
For his part, Adeyemo praised the progress witnessed by Iraq in the field of economic and banking reforms that were achieved in record time, and the state of economic growth that reached a total of about 6%, which enhances the government's efforts in development, expressing readiness to cooperate and work within a bilateral partnership that serves the interests of economic development. / End 2 https://ninanews.com/Website/News/Details?key=1156985
BANK STORY BY LIBERTY LOUNGERS EXTRAORDINAIRE VIA GINGER LOUNGE TELEGRAM ROOM, 25 SEPT
๐ข Incredible Bank story shared by Liberty Loungers Extraordinaire 9.24.24
๐ขTinka (German): Dearest Ginger ๐ซถ A dear soul from Switzerland whom I got to know through your chat sent me this text! I asked her if she had sent it to you and she said no and asked me to send it to you!. It's so great, what wonderful people come together through this great channel ๐๐ป๐ป
๐ข Anonymous GLL Friend: Hello! My friend, from whom I got my dinars, has traveled to America. Today he wrote that he was curious (about The Camper Event) and went to the Bank of America to try to learn more. He writes: ⬇️
๐ข German Traveler: This morning I had the idea to just pop into Bank of America during my business trip to the USA and ask a few questions about T4B. So I grabbed my friend and we went to the nearest branch.
There we were greeted by a friendly employee who introduced himself. We explained our request and after a short conversation, he disappeared unexpectedly. After about ten minutes, two gentlemen in suits appeared and politely asked us to follow them up to the eighth floor to the bank's executive floor.
Once upstairs, we found ourselves in an elegant conference room. The atmosphere was professional. And then, the unexpected surprise: a dynamic woman entered and greeted us in German! Eric and I looked at each other in amazement, finally we were able to talk shop in our mother tongue. ๐
Over the next two hours, we had an intense conversation about T4B and many other topics. It turned out that the Americans had long since prepared all the systems and were just waiting for the final go-ahead. What was particularly interesting was that BRICS is no longer a hot topic in the US banking world. The banks are ready for the coming changes and expect many millionaires to be created overnight.
My conclusion: anyone who invests in foreign currencies should consider themselves lucky to be part of this process. In addition, I now have a direct point of contact at the bank and the reassuring feeling that I can count on their support at all times.
This day brought unexpected twists and turns and valuable insights, and all because of a simple question! Sometimes curiosity pays off.
๐ขGinger adds: The city is unknown at present, but Tinka thought to ask these contacts and awaiting their reply. It's also unknown how long this German fellow and his colleague are staying in the USA. Regardless, it's exciting to learn how readily received they were and how prepared the banks, many of which will also be acting as Redemption Centers, are - and motivated to support us in these exciting times.
~ Ginger's Liberty Lounge
MP: Iraq Is Heading Towards “Major” Economic Changes And A Global Urban Revolution, 25 SEPT
Construction and reconstruction Economy News – Baghdad MP Sharif Suleiman praised, on Tuesday, the visit of Prime Minister Mohammed Shia al-Sudani to New York to participate in the 79th session of the United Nations, stressing that Iraq is qualified to control "important" files and is on the verge of "major" economic changes and an urban revolution in line with global developments.
Suleiman said, "Iraq's participation in the work of the United Nations General Assembly is a positive step, especially in light of the difficult conditions the region is going through."
He added, "Iraq has geographical and strategic qualifications that enable it to control important economic, political and security files," noting that "Iraq is on the verge of major economic changes and is leading an urban revolution in line with global developments."
Suleiman said, "This participation is an opportunity for Iraq to enhance its international presence and highlight its role in resolving regional conflicts and contributing to the stability of the region. Iraq also seeks, through these meetings, to strengthen its relations with major countries and attract more investments to support its development plans." https://economy-news.net/content.php?id=47961
The Iranian Rial is Going to be in the 1st Basket by ARIEL, 25 SEPT
๐๐ค๐ฉ ๐๐๐ ๐๐๐ ๐๐ง๐๐จ๐จ
๐๐๐๐จ ๐๐จ ๐ ๐๐ช๐๐ ๐๐๐๐ก. ๐ฝ๐๐๐๐ช๐จ๐ ๐๐ ๐ฎ๐ค๐ช ๐๐๐ซ๐ ๐๐ง๐๐ฃ๐๐๐ฃ ๐๐๐๐ก๐จ ๐ฎ๐ค๐ช ๐ฌ๐๐ก๐ก ๐๐ ๐ซ๐๐ง๐ฎ ๐๐๐ฅ๐ฅ๐ฎ ๐ฌ๐๐ฉ๐ ๐ฉ๐๐๐จ ๐ฉ๐ช๐ง๐ฃ ๐ค๐ช๐ฉ. ๐ฝ๐๐๐๐ช๐จ๐ ๐ฉ๐๐๐ฎ ๐ฌ๐๐ก๐ก ๐๐ ๐๐๐๐ ๐ค๐ฃ ๐ฉ๐๐ ๐๐ฃ๐ฉ๐๐ง๐ฃ๐๐ฉ๐๐ค๐ฃ๐๐ก ๐ข๐๐ง๐ ๐๐ฉ ๐๐ก๐ค๐ฃ๐ ๐ฌ๐๐ฉ๐ ๐๐ง๐๐ฆ. ๐ผ๐ก๐ก ๐๐ค๐๐ฉ๐จ ๐ง๐๐จ๐ ๐ฌ๐๐ฉ๐ ๐ฉ๐๐ ๐ฉ๐๐๐. ๐๐๐ค๐ฅ๐ก๐ ๐๐๐ซ๐ ๐๐๐๐ฃ ๐ฌ๐๐๐ฉ๐๐ฃ๐ ๐ฎ๐๐๐ง๐จ ๐๐ค๐ง ๐๐ฃ ๐๐ฃ๐ฃ๐ค๐ช๐ฃ๐๐๐ข๐๐ฃ๐ฉ ๐ก๐๐ ๐ ๐ฉ๐๐๐จ. ๐๐ค ๐ฎ๐ค๐ช ๐ฃ๐๐๐ ๐ฉ๐ค ๐ ๐๐๐ฅ ๐ช๐ฅ ๐ฌ๐๐ฉ๐ ๐ฉ๐๐๐จ๐ ๐๐๐ซ๐๐ก๐ค๐ฅ๐ข๐๐ฃ๐ฉ๐จ. ๐ฝ๐๐๐๐ช๐จ๐ ๐๐ง๐๐ฃ๐๐๐ฃ ๐๐๐๐ก ๐๐จ ๐๐ค๐๐ฃ๐ ๐๐ฃ ๐ฉ๐๐ 1๐จ๐ฉ ๐๐๐จ๐ ๐๐ฉ ๐๐ง๐ค๐ข ๐ฌ๐๐๐ฉ ๐ ๐ฅ๐ง๐๐จ๐ช๐ข๐ ๐๐จ ๐๐ฃ ๐๐ก๐๐๐ฃ๐ข๐๐ฃ๐ฉ ๐ฌ๐๐ฉ๐ ๐ฌ๐๐๐ฉ ๐๐ง๐๐ฆ ๐๐จ ๐๐ค๐๐ฃ๐.
On August 8th 2023 Iran = got $10 billion of assets after deal with US. Iran-US agreed the release of American-Iranian dual nationals, as well as unblocking Tehran’s $10 billion frozen assets in South Korea and Iraq. This is why I presume they were doing this so they can be ready to go international in conjunction with Iraq. They have been preparing just as Iraq was.
Reports state the 1st Basket Contains:
Afghanistan Afghani (AFN)
Kuwait I Dinar (KWD)
US Dollar (USD)
Russian Ruble (RUB)
Chinese Renminbi or Yuan (CNY)
UK British Pound/Pound Sterling (GBP)
Qatar I Rial (QAR)
UAE Emirate Dinar (AED)
India Rupee (INR)
Indonesian Rupiah (IDR)
Canadian Dollar (CAD)
Mexican Peso (MXN)
Venezuela Bolivar (VEB)
Brazil Real (BRL)
Saudi Arabia Riyal (SAR)
Malaysian Ringgit (MYR)
Iranian Rial (IRR)
Iraqi Dinar (IQD)
Vietnamese Dong (VND)
Zimbabwe ZIM/Bond.
Hungarian Pengo also included
More will continued to be added
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