Wednesday, October 23, 2024
"THE HCL COMES TO ITS SENSES" BY FRANK26, 23 OCT
KTFA
FRANK26: "THE HCL COMES TO ITS SENSES"..............F26
Minister of Planning: The percentage of completion of numbering and inventory operations reached 96% in 15 governorates
10-20-2024
Deputy Prime Minister and Minister of Planning, Mohammed Ali Tamim, announced on Sunday that the numbering and enumeration operations are approaching their end in 15 governorates, indicating that the actual completion rate has reached more than 96%, and work continues 24 hours a day to complete this stage, which is an important and essential stage for the general population census.
This came during the Minister's chairing of the ninth session of the Ministry's Opinion Board, which was held today, Sunday. His Excellency added that the work is witnessing remarkable progress in the governorates of the Kurdistan Region, where the completion rate has reached about 65%.
Tamim said that what has been achieved so far represents a great success for the ministry, in a huge and major project such as the population census project, as actual work began last May, and the ministry was able to complete all requirements and implement all stages in record-breaking periods.
He pointed out that the situation has become reassuring in light of the great efforts made by the General Authority for Statistics and Geographic Information Systems.
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"WHO'S ASKING... BECAUSE OF COURSE IT IS." BY FRANK26, 23 OCT
KTFA
FRANK26: "WHO'S ASKING... BECAUSE OF COURSE IT IS."...........F26
Counterfeiting currency in Iraq.. Is the responsibility of the Central Bank or the government?
10/19/2024
Baghdad
Financial and economic expert Alaa Al-Fahd revealed, today, Saturday (October 19, 2024), the authorities responsible for protecting the Iraqi currency from counterfeiting and its spread in the markets.
Al-Fahd told Baghdad Today, “The mission of the Central Bank of Iraq is to issue currency and maintain monetary policy and coordination in this field. As for the issue of counterfeit currency, this is the responsibility of the specialized executive government agencies. The bank's goal when it issues its currency is to work on finding ways to protect this currency from counterfeiting, and this matter exists in all countries of the world.”
He added that "the issue of gangs and currency counterfeiting mafias is not within the tasks and duties of the Central Bank to confront, even the issue of currency smuggling is not within the Bank's tasks," indicating that "these issues are the responsibility of the specialized executive government agencies, including the security agencies, and for this reason the Central Bank of Iraq always works to coordinate with those government agencies in order to preserve the Iraqi economy and currency.”
The expert confirmed that "even the dollar is a counterfeit currency, not only in Iraq but in most countries of the world, and this is not the responsibility of the Central Bank of Iraq, but rather the responsibility of the specialized executive government agencies."
It is noteworthy that the Ministry of Interior announced today, Saturday, the arrest of an international gang in possession of “counterfeit” currencies in Baghdad .
The ministry said in a statement received by "Baghdad Today", "Through activating the intelligence effort and pursuing organized crime gangs, accurate information was provided indicating the presence of a gang in the Sadr City area, east of the capital, Baghdad, that is "counterfeiting currency and distributing it in local markets
."
She added, “Judicial approvals were obtained and a working team was formed from the Directorate of Combating Organized Crime in the Federal Intelligence and Investigation Agency in the Ministry of Interior and moved to Sadr City, where the gang of 8 suspects was lured and arrested, And counterfeit sums of money amounting to 10 million Iraqi dinars in different denominations were seized, in addition to dollar bills in denominations of one hundred dollars and fifty dollars and counterfeit euro bills .”
“Two printers used in counterfeiting operations were also seized, as well as a yellow Renault wheel used in distributing counterfeit currency,” she continued, stressing that “legal measures were taken against the accused, and it was proven through the investigation that there is a person residing outside the country who visits the home of one of the accused from time to time and brings new and modern editions of counterfeit currency, which are distributed in Baghdad and Basra through one of the accused who has a relationship with one of the arrested accused
“
TIDBIT FROM PIMPY, 23 OCT
Pimpy
Article: "Credit Bank of Iraq achieves a profit of 20.4 billion dinars"
This article is definitely a very good one for those of us who are invested in the Iraqi Stock Exchange...
I only anticipate the bank stocks going up more and more...They might be some of the fastest growing stocks in Iraq.
The reason for that is because they keep expanding on the banks, putting them through reform...
All that's going to do is drive up the value of the stocks...
