150,000 Kurdish employees receive their salaries digitally via the “Hisabi” system
The Financial System Administration "Hisabi" in the Kurdistan Region announced, on Sunday, the expansion of the scope of its digital operations so that the number of beneficiaries of the system reached 150 thousand employees during the past week.
According to the official website of the "My Account" system, which Shafak News Agency has reviewed, the number is increasing monthly and 150,000 employees have received their salaries through the system, which reflects the continuous growth in the adoption of the system to facilitate the process of disbursing salaries through digital bank accounts.
The system is expected to include all eligible employees in the region by the end of next year, as they will be able to receive their salaries directly through their own bank accounts.
This expansion comes within the framework of the Kurdistan Region's efforts to enhance the digital infrastructure and facilitate financial transactions for citizens. link
The specialized courses that are being taught to these people to run these exchange centers so that the [Iraqi] citizens can go and trade in their 3 zero notes, it's done.
It's the only reason why they're telling you about it...It's not a secret.
Sudani cleaned up the swamp.
All of a sudden all of the banks that were stealing the Iraqi dinar, American dollar and profiteering illegally...he cleaned it all up.
I told you we needed the CBI floor to be so spotless that you could eat off of the floor. The United States Treasury is on the second floor of the new CBI building.
It's spotless. All the bank that [were stealing] have been shut down.
All the political parties that had power in the media and in the banking structure of Iraq are slowly being whittled away.
Shafak News / A delegation from the Kurdistan Regional Government arrived on Monday in the federal capital Baghdad to discuss the census file scheduled for November 20.
The Kurdistan Ministry of Planning said in a statement to Shafak News Agency that “a Kurdish government delegation consisting of competent authorities in the Ministry of Planning arrived this afternoon in Baghdad.”
She added that “the visit comes with the aim of discussing the issue of the general population census in Iraq, which will include the governorates of the Kurdistan Region as well.”
The general census process in Iraq is scheduled to start on November 20.
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: GM Everyone! Happy Monday!
Member: Today is the 95th anniversary of the 1929 Black Monday stock market crash.
Member: Rumor is tomorrow may be our Black Tuesday
Member: Any big updates yet Mark?
MZ: We should know this afternoon if what we are hoping for has happened.
Member: What's the news you're waiting on this afternoon?
MZ: Waiting for bond guys to check in…It’s too early right now. But I have great hopes that a lot happened over the weekend. I won’t be speaking with those folks until late afternoon/early evening. Bankers usually check in at 2 or 3 pm once they get out of morning meetings. I should have more for this evening on those fronts.
MZ: In Iraq: “Al-Rafidain bank implementing the comprehensive banking system in 46 branches in Baghdad and the provinces” This is more modernization that we keep hearing about.
MZ: “ Over 150,000 KRG employees now receiving salaries through “MyAccount” No more filling out papers and waiting… It’s now automatically deposited on payday. They are cleaning up the banking system and removing a lot of cash from circulation.
MZ: “ Regional government to it’s employees: Those who don’t have biometric code will stop their salary” Unsure if this means eyes or fingerprints? Does it simply meant 2-factor identification?
Member: Eliminating fake employees ..this is a big confirmation…imo
Member: I hear you will use biometrics with your QFS card. That's the reason that nobody can get into your account, but you.
Member:.Mark, what happened to the reported HCL Law in parliament on Sunday?
Member: Parliament has set Tuesday to vote of the 4 controversial files including real estate, personal status, etc
MZ: This is restoring land and property to citizens that had been stolen by Isis ect….At one time nearly half the people in Iraq were displaced.
Member: where is the money coming from that will be paying out the Zim bearer bonds?
MZ: I believe the funds for the Zim come from Dubai 1 and 2 but am not certain. We will ask Mr. C.
Member: You think we will still get this over with before November 1st?
MZ: I am not ruling out October as our month….but with only 3 days left….November looks more realistic.
Member: IMO I don't think it will go until after the election
Member: Still hoping this is our year.
Member: Mtn Goat posted over the weekend RV in the first half of 2025. Here we go again
Member: Any chance that the IQD will revalue prior to 4b being notified? I'm talking days, not a few hours.
Member: It should happen at the same time….when it RV’s we get notified.
Member: Warren Buffet dumpin 10.8 Billion in stocks? Sounds ominous.
Member: Can’t believe we have had to wait this long for this. Man…what they put us through better be worth it!!
Member: See everyone tonight and hoping for big historic bond news.
Iraq has attracted $100 billion in investments over two years, including a $5 billion deal with Egypt’s Eli Electric to develop industrial cities.
Highlights
💰 Iraq secures $100 billion in investments over two years.
🤝 $5 billion agreement signed with Egypt’s Eli Electric for industrial cities.
🏗️ Focus on advancing industrial and educational infrastructure.
📈 Joint investment fund established to promote smart industry and education.
🌍 New economic city aims to attract local and international investors.
📍 Potential locations assessed in Central and Southern Iraq.
👷♂️ Project expected to create jobs and diversify the economy.
Key Insights
💵 Significant Investment Growth: Attracting $100 billion signals strong investor confidence in Iraq’s economy, paving the way for future growth.
🇪🇬 International Collaboration: The partnership with Egypt’s Eli Electric underscores Iraq’s commitment to international cooperation in economic development.
📚 Focus on Education and Industry: Prioritizing educational infrastructure alongside industrial development indicates a long-term strategy for sustainable growth.
💡 Innovation through Smart Industry: The establishment of a joint investment fund aims to nurture advanced technologies, which could enhance Iraq’s competitiveness.
🌆 Economic City Development: The plan for a new industrial city highlights Iraq’s strategic approach to creating hubs that attract diverse investments.
🗺️ Geographic Diversification: Assessing locations in Central and Southern Iraq aims to ensure equitable economic benefits across regions.
📈 Job Creation Potential: The project is expected to generate employment opportunities, contributing to economic diversification and stability.
