Tuesday, November 5, 2024
Al-Sudani Directs Taking A Number Of Steps To Enhance And Develop Electronic Payment Systems And Services, 5 NOV
Al-Sudani Directs Taking A Number Of Steps To Enhance And Develop Electronic Payment Systems And Services
Monday 04 , November 2024 | General Number of readings: 129 Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani directed to take a number of steps to enhance and develop electronic payment systems and services.
The Prime Minister's Media Office stated in a statement: "In implementation of the financial and economic reform approach, which represents one of the most important priorities of the government, the Prime Minister directed to take a number of steps to enhance and develop electronic payment systems and services:
First: Work to localize the salaries of private sector employees, similar to the government sector, and assign both the Ministry of Labor and Social Affairs and the Central Bank of Iraq, with the participation of a number of private sector institutions, to prepare an appropriate mechanism for this purpose.
Second: Ministries and all government institutions to leave cash payments and use electronic payments in collection and other related transactions, through an integrated plan submitted by each ministry or government institution before December 31, 2024, with actual implementation to begin no later than July 1, 2025." / End7 https://ninanews.com/Website/News/Details?Key=1166212
JUDY NOTES, 5 NOV
JUDY NOTES
Possible Timing:
- Wed. 30 Oct. 2024: Tier4b funds released in Brazil.
- Also on Fri. 1 Nov. 2024 Texas, the possible site of the new US Republic Capitol, transferred it’s money into gold-backed currency.
The below were rumored dates which were subject to change (anything could happen):
- Tues. 5 Nov. 2024 Cyber Attack, e******n results, change of President, get 800s
- Thurs. 7 Nov. 2024 begin scheduling Tier4b (us, the Internet Group) appointments
- Tues. 12 Nov. 2024 begin Tier4b appointments
How Did Reducing Inflation Help Stabilize Commodity Prices In Iraq?, 5 NOV
How Did Reducing Inflation Help Stabilize Commodity Prices In Iraq?
November 2, 2024 Baghdad/Iraq Observer The Association of Private Banks 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 Association of Private Banks, Ali Tariq, told the official agency, followed by “Iraq Observer,” that
“the Association of Private Banks and the Central Bank of Iraq held a symposium entitled
(The Statistics Cycle in Drawing up Monetary Policy),” indicating that
“the use of statistical data and information is a methodology adopted by the Bank.” 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,
“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 Central Bank of Iraq website: To
clarify progress and shortcomings regarding the financial sector or monetary policy.” Tariq 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 and on the gross domestic product,” explaining,
“On the other hand, as economic indicators, the most important of them was the inflation rates that It decreased significantly in the recent period to reach 3.8 percent,” noting,
“This is considered an excellent percentage that maintains the stability of commodity prices and
thus the price increase is less for the citizen.” https://observeriraq.net/كيف-ساعد-تخفيض-التضخم-باستقرار-أسعار-ا/
IRAQ UPDATE BY REINALDO JC, 5 NOV
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...