Parliamentary Finance: We have developed a map to resolve the differences between Baghdad and Kurdistan regarding oil exports, 27 SEPT

 Parliamentary Finance: We have developed a map to resolve the differences between Baghdad and Kurdistan regarding oil exports

Baghdad-Mil  

The Finance Committee announced, today, Thursday, an agreement with the Kurdistan Regional Government of Iraq regarding reviewing its oil contracts with international companies .

The head of the committee, Atwan Al-Atwani, said in a statement received by “Mil”, “The committee delegation, which is currently visiting Erbil, held an expanded technical meeting with representatives of the Kurdistan Regional Government in the building of the Council of Ministers of the region, to discuss resolving the outstanding issues between Baghdad and Erbil .”

Al-Atwani added, “The meeting reviewed the oil files, financial revenues, automation of border crossings, unification of customs tariffs, and localization of employees’ salaries .”

He explained: “We have developed a roadmap to resolve the points of contention between the central government and the regional government regarding the oil export file  .”

He pointed out that “the attendees reached an initial agreement with the regional government to conduct a comprehensive review of the oil contracts to adapt them to the Iraqi constitution, in preparation for resolving the problem of the halt in the region’s oil exports .”

Al-Atwani added, “The agreement stipulates that the central government and the regional government enter as a unified party in negotiations with international oil companies operating in the region with the aim of amending their contracts from production partnership to profit-sharing, in addition to reviewing the economic and commercial terms .”

He stressed that “the parliamentary finance committee is working to establish a sound basis for negotiations on resolving the pending issues, in order to resolve the oil export file during this year and eliminate the differences with the region,” stressing that “the committee will meet, upon its return to Baghdad, with the federal oil ministry, in order to discuss the controversial issues and push towards resolving them under the umbrella of the constitution .”

He explained that “the meeting reviewed, in numbers, the steps for implementing the file of localizing the salaries of the region’s employees, where the necessity of adhering to the decisions of the Federal Court was emphasized, and the file of border crossings, customs, and taxes was discussed, as well as ways to include their revenues in the country’s general budget, and the extent of the region’s government’s commitment to sending these funds to the federal government .”

https://www.faceiraq.org/article/199257/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%A7%D8%AA%D9%81%D9%82%D9%86%D8%A7-%D9%85%D8%B9-%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%A7%D9%84%D8%A5%D9%82%D9%84%D9%8A%D9%85-%D8%A8%D8%B4%D8%A3%D9%86-%D9%85%D8%B1%D8%A7%D8%AC%D8%B9%D8%A9-%D8%AA%D8%B9%D8%A7%D9%82%D8%AF%D8%A7%D8%AA%D9%87%D8%A7-%D8%A7%D9%84%D9%86%D9%81%D8%B7%D9%8A%D8%A9-%D9%85%D8%B9-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D9%88%D8%AA%D9%83%D9%8A%D9%8A%D9%81%D9%87%D8%A7-%D8%AF%D8%B3%D8%AA%D9%88%D8%B1%D9%8A%D8%A7

RV UPDATE: " THEY ARE ONCE AGAIN STARTING TO SEE RATES THAT ARE CLOSE TO WHAT WE EXPECT" BY MARKZ, 27 SEPT

 MarkZ   

[via PDK] 

  Question: Can you talk about the rate changes bankers were seeing...?  

MarkZ:   Most of what my bankers saw... they think is a little low. Could be a place holder rate or a test rate or in-country rate…but they are once again starting to see rates that are close to what we expect.

--

MarkZ 

  [via PDK] 

  ..."Treasury supports CBI of Iraq” I think this is important.  The US Treasury is supporting the Central Bank of Iraq. 

Why is this important? 

Over the last few weeks articles states Iraq has full control of its money …and now the US Treasury is saying the CBI is doing a great job…Troops are getting moved out…and they are openly talking about their project to delete the zeros. Imo opinions things are warm and fuzzy in Iraq even if we do not know the timing yet.

 “Iraq reviews the US Treasury the date of abandoning the currency auction” this is so important.  I was told Oct 1st - no more foreign currency auctions. This is the one thing I was told to look for –When they are done with foreign currency auctions…they would revalue. And this news just came out [Tuesday] that they are ending them.

  The chatter coming out of the banking side has been pretty severe today - in a good way.  They say rates are being seen…but I haven’t confirmed them …But I am hearing this from 3-4 different sources that work at different banking institutions…and they all agree on the rate of $3.57 on the screens...It’s certainly interesting this is being seen by so many …and the same rate...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/09/357-is-rate-of-iraqi-dinar-on-screens.htmlhttps://dinarevaluation.blogspot.com/2024/09/357-is-rate-of-iraqi-dinar-on-screens.html

SANDY INGRAM: Vietnam and Iraq Currency Updates & Future Prospects #iqd #vnd

Iraq and Jordan sign the second amendment to the contract for the sale of electricity, 27 SEPT

 Iraq and Eden signed on Thursday the second amendment of the contract for the sale of electrical energy between the General Electricity Transmission Company / Central Region and the National Electricity Company in the Hashemite Kingdom of Jordan to supply the Al-Rahtta area with electricity on a voltage of 132 kg. Through the Jordanian network from the Al-Rishah area in Mafraq governorate

The useful summary.. In the important news, you will find it on the Al-Furat News channel on Telegram. To subscribe, click here

Electricity spokesman Ahmed Musa Al-Abadi said, in a statement received by {Al-Furat News}, that: “In implementation of the decisions of the esteemed Council of Ministers, a contract to renew the supply of the Iraqi Al-Raba district of electricity was signed on the network of voltage of 132 k. Through the Jordanian electrical network from the Al-Risha area in the Jordanian Mafraq governorate.

He added, “Where the amendment contract was signed on behalf of the Iraqi side, Director General of the Electric Power Transmission Company for the Central Region, Riad Aribi, and on behalf of the Jordanian side, Director General of the National Electricity Company Sufyan Al-Batayna.”

Abadi continued, “The transport network will be equipped with a voltage of 400 K in the future, as work is underway to complete the construction of lines and other details from the Iraqi and Jordanian sides.”

Ragheed

https://alforatnews.iq/news/العراق-والاردن-يوقعان-التعديل-الثاني-لعقد-بيع-الطاقة-الكهربائية

RV UPDATE BY BRUCE, 27 SEPT

 Bruce  

 [via WiserNow] 

 Some people believe, Oh, it's all going to go it's going to start on the first of October. That's not what we're getting. That's not what my sources are saying. They're saying we're going to get this before the end of the month, or by the end of the month..

--

Thurs. 19 Sept. 2024 Bruce:

• NESARA will be out in the next seven days.

• R&R should be in your Quantum Account when you exchange, or will be direct deposited into your bank account.

• You will be given a Q phone  so you can access your Quantum Account.

• To set up your Quantum Account you will need a Biometric finger or thumb print, user name and password, 5 digit pin number and the name of a new email account and password.

• You have 3-5 min. to do a quick presentation on your Humanitarian Project

• If you are in need for a Med Bed appointment tell them. Most Zim Holders will get a Med Bed appointm..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/09/latest-from-bruce-20-sept.html

NADER FROM MID EAST: The situation in Iraq is good. There’s no fear of a national crisis.

Prime Minister: We will switch to the correspondent banking system to conduct 100% of foreign transfers by early 2025, 26 SEPT

  Prime Minister: We will switch to the correspondent banking system to conduct 100% of foreign transfers by early 2025

Iraqi Prime Minister Mohammed Shia al-Sudani said that Iraq will switch to a correspondent banking system to conduct 100% of foreign transfers early next year.

This came during discussions he held with US Deputy Treasury Secretary Wally Adeyemo and a number of officials in the ministry regarding the government's efforts and plans for economic and financial reform, the move towards diversifying sources of Iraqi output, enhancing development targets, and practical measures implemented in the field of combating money laundering.

Al-Sudani stressed that the government has made great strides in the financial and banking reform file and that 95% of bank transfers are made through the electronic platform, and the remainder will be completed by the end of this year.  link