Tues. 15 Oct. 2024 Mike Bara
The Bondholder’s team was told they would be “contacted” about the funds process in the “midnight-to-midnight” window.
Prime Minister Mohammed Shia Al-Sudani chaired on Thursday a meeting on efforts related to the development of the work of the government banking sector, in the presence of representatives of Ernst and Young Audit and Financial Consultancy Company.
A statement from the Prime Minister’s Office, a copy of which was received by {Al-Furat News}, said that “during the meeting, a package of recommendations was presented from the company to proceed with the reform of Rafidain Bank, which included the new legal status of Rafidain Bank, its capital, its work strategy and the new consultant who will work with the bank to meet the global requirements for modern banking, as these recommendations will be submitted to the Ministerial Council for Economy to then submit them to the Council of Ministers for approval.”
“The issue of structuring the Rafidain Bank is the beginning of the government’s banking reforms, which has given special attention to the follow-up of all its reports, submitted by the concerned authorities, especially from the Committee concerned with the restructuring process,” he said.
The Prime Minister stressed “the importance of the banking sector reform project, which started from Rafidain Bank, pointing to working to provide a bank with specifications and standards through which problems can be overcome and give confidence to citizens, in addition to strengthening cooperation with local and foreign investors.”
https://alforatnews.iq/news/السوداني-يعلن-عن-توصيات-سيقرها-مجلس-الوزراء-لهيكلة-مصرف-الرافدين
STATUS OF THE RV
😊 Also in the news is more about the reforms in the Iraqi Stock Market (ISX) and the success of them so far. Also some new reforms coming to help it even more. Two articles worth reading titled: “A QUALITATIVE SHIFT AND AN INCREASE IN TRADING.. SECURITIES ANNOUNCES THE LAUNCH OF A NEW WEBSITE FOR THE IRAQI MARKET” and also “BAGHDAD REACHES AN UNDERSTANDING WITH THE DOHA STOCK EXCHANGE”.
Both of these article can also be “WOW!” news in themselves s we can see how these reforms fit into the bigger picture on the Pillars of Financial Reform that we read so much about in the White Paper and must first take place to get to the Reinstatement back on FOREX, as they told us must happen first that will lead the dinar back to FOREX.
Again, I am telling you the reinstatement back to FOREX is just a result of the execution and work of the reforms. It is a byproduct of the White Paper. Get it?
It must take place, if the reforms are successful. So, why not follow the reforms and see where they are and what they are doing.
I know the path to this reinstatement and I don’t have to speculate or guess.
If you are faithful follower of my blog you then clearly see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because the aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap.
It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, we must stay grounded as this RV is coming to a closure and there is not much longer to wait..
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/