Sunday, November 3, 2024

Banking Association: Reducing inflation helped stabilize commodity prices, 3 NOV

 Banking Association: Reducing inflation helped stabilize commodity prices

Economy News - Baghdad

The Private Banks Association confirmed, on Saturday, that the government's success in reducing the inflation rate to 3.8% helped stabilize commodity prices.

The Executive Director of the Private Banks Association, Ali Tariq, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "the Private Banks Association and the Central Bank of Iraq held a symposium entitled (The Statistics Cycle in Formulating Monetary Policy)," indicating that "the use of statistical data and information is a methodology adopted by the Central Bank of Iraq, especially in the recent period in making decisions, whether at the level of monetary policy or decisions that affect the economy in general."

He added that "the aim of the symposium is to clarify economic, financial and banking data to the public by specialists; to view the data published on the website of the Central Bank of Iraq; to clarify progress and shortcomings related to the financial sector or monetary policy."

Tarek stressed that “one of the important indicators is related to the banking sector, the size of deposits, or the size of the monetary mass and the distribution of deposits between the government and private banking sectors, in addition to the impact of credit and loans on the gross domestic product,” explaining that “on the other hand, as economic indicators, the most important of which were inflation rates, which decreased significantly in the recent period to reach 3.8 percent,” noting
that “this is considered an excellent rate that maintains the stability of commodity prices, and thus the price increase is less for the citizen."

https://economy-news.net/conte.....p?id=49412

TIDBITS FROM WOLVERINE, 3 NOV

 WOLVERINE

  • Sat. 2 Nov. 2024 Wolverine
  •  “I’ve just spoken to a high up contact. It’s defiantly here. There’s no doubt about it. It’s here.”
  • ------

Fri. 1 Nov. 2024 Wolverine Call:

  • I got some wonderful news, and I have spoken to paymasters and bank officials. The green light has been given. We are just about to cross the finish line. 
  • Our friend Charlie Ward has always said nothing will happen till after the e******n. He was d**d on, and has never moved from that opinion, and he was absolutely right.  
  • The codes have been locked in, authority has been given, and by next week we will be celebrating. We have million percent assurance it is now all coming through.
  • The main leaders from all countries (Mauricio may have been included on that), have been called to receive their blessing.  
  • I have spoken to the leaders of the platforms, and they are in the same intel as myself, and also been told same. The Precatorias should be released by Tuesday or Wednesday for people who are in that platform.
  • Each platform is different. When these people see their money, they then have to release that money to the members (I am not talking about currency, I am talking about bondholders).  They will decide when they can release it, because it is not as easy as pressing a green. They must do all by the book, get it all ready, get all the sub-leaders together to release the money to their people. All has to be done to be timed correctly.
  • They have till the 10th of November to RELEASE ALL OF IT – ALL HAS TO BE RELEASED!!!  This has been Verified and vetted.  
  • I know we have been going through “it is coming and it is coming tomorrow “but in speaking to the general paymasters (not the ones in South America) they have assured me that all is now coming.
  • I had the privilege of being on a private call for a private contractor, and the amount of money is a huge amount of money to come through to be used for humanitarian purposes.
  • The ZOOM call I was in, I asked them that when all these people come into this enormous amount of money, there will be those who will not be able to control themselves and end up doing things they should not be doing (like d***s, etc).
  • They said “no, that is not going to happen.”  So what happens is when these people do receive this money including yourself, they need to know your vibration is right, and they will be able to check on this.  If they feel something is “not right with this person” and they may work with you to uplift your vibration, I suppose. There are many people involved in this that should not be here, as they are not humanitarian, they are not right in their mind as they only are interested in the money, and they only want for themselves, not seeking to help humanitarians.
  • If this applies to anyone of you in these rooms, you will be surprised at the time of your blessing as you will not receive anything. So make sure your vibration is right. 
  • Now for the currencies, I know everyone has been waiting for their currency notification that should come in with the Grace of God, after the e******n results on Tuesday 5 Nov.
  • We know that Trump is going to win, but we have heard also, on the other side of this equation, that there will be no e******n, but hopefully that is right, and then hopefully by Sunday we will get the big news that the e******n has been cancelled, and that the truth has come out, and all this that we have been waiting for.
  • We hope this happens. If not, we have to wait for the e*******s results, and we know Pres Trump is going to win, e******n, and we know Trump is going to win.

NADER FROM MID EAST: Wow this number are crazy looking money IQD Iraq

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Parliamentary Finance to NINA: Approval of 2025 general budget schedules after legislative recess, 3 NOV

  Parliamentary Finance to NINA: Approval of 2025 general budget schedules after legislative recess

Baghdad / NINA / The Parliamentary Finance Committee revealed the date for approving the schedules of the Federal General Budget Law for the new year 2025.

Committee member, MP Moeen Al-Kazemi, stated in a statement to the National Iraqi News Agency / NINA /, that "the Council of Representatives will enter the legislative recess on the ninth of this month, and there is a trend to extend the work of the sessions for only one month, after which the schedules of the General Budget Law 2025 will be approved."

He added, "After settling the issue of electing the Speaker of Parliament, the conditions are now ready and favorable for approving the four laws: the draft amendment to the General Amnesty Law, the proposed Personal Status Law, the draft law on military service and retirement for the Mujahideen of the Popular Mobilization Forces, and the draft law to return the properties covered by the decisions of the dissolved Revolutionary Command Council to their owners."

He continued, "There is an expected ministerial change, and this places the parliamentary committees before an important and great responsibility to activate their role in following up on the work of the government. It also requires more understanding and harmony in the State Administration Coalition to approve the change of some ministers." / End

https://ninanews.com/Website/N.....ey=1165792

RV UPDATE BY TEXAS SNAKE, 3 NOV

TEXAS SNAKE

  • Sat. 2 Nov. 2024 Texas Snake

  • Word via a banker from the higher ups is that an announcement will be made shortly after Tues. results is that in addition to the President, many changes will be following shortly. We will be getting the 800 numbers and begin scheduling appointments toward the end of the week, with those appointments (general public?) to be made around Tues. 12 Nov. 2024.

WOW! THE MONETARY REFORM IS SUCEEDING AND SOON TO BRING FORTH WHAT WAS PROMISED BY FIREFLY

 


FIREFLY: "We're going digitally with a new rate" , 25 DEC

  Frank26    [Iraq boots-on-the-ground report]    FIREFLY:   All banks according to Mr. Sammy have stopped all cash transfers from today to ...