DINAR REVALUATION

Tuesday, November 5, 2024

REPORT FROM MR SALVAGE @DINARREVALUATION

The Governor Of The Central Bank Of Iraq Meets With Employees Of The Erbil Branch, 5 NOV

The Governor Of The Central Bank Of Iraq Meets With Employees Of The Erbil Branch

November 03, 2024 His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, visited the bank’s branch in Erbil.

His Excellency the Governor inspected some departments in the branch building, where he was briefed on the progress of their work and the achievements achieved by the branch.

His Excellency the Governor directed to the necessity of cooperation and work on stimulating financial policies, to improve the banking sector and the services that banks provide to citizens, in addition to making observations about the need to intensify efforts to enhance the capabilities of banking work.

His Excellency urged the branch’s employees to provide the best banking services to the residents of the geographical area supervised by the branch, directing the need to strengthen the Central Bank’s supervisory and supervisory position over banks operating in the Kurdistan region of Iraq. Central Bank of Iraq Media office November 3, 2024 https://cbi.iq/news/view/2705

MILITIAMAN CC HIGHLIGHTS NOTES, 5 NOV

MILITIAMAN CC HIGHLIGHTS NOTES

Summary

Iraq is taking significant steps towards international investment and economic reform, including launching the ICC, focusing on the banking sector, and transitioning to electronic payments.

Highlights

🌍 Launch of the International Chamber of Commerce in Iraq to attract foreign investment.
💰 Increased focus on the banking sector to support economic projects and investments.
📈 Riata Bank’s role in encouraging small and medium enterprises for job creation.
🚢 Completion of the initial designs for major transport projects, enhancing infrastructure.
📜 The new parliamentary leadership aims to resolve pending economic laws and reforms.
💳 Transition to electronic payments to streamline transactions and reduce corruption.
🏛️ Grand Ayatollah Al-Sistani emphasizes the need for integrity and stability in Iraq’s governance.

Key Insights

🌱 Investment Climate: The launch of the International Chamber of Commerce signals Iraq’s commitment to improving its investment landscape, suggesting potential growth in foreign investment opportunities.
🏦 Banking Sector Development: With a focus on strengthening the banking sector, Iraq is laying the groundwork for sustainable economic development, which is crucial for long-term stability.
🏗️ Infrastructure Improvement: The progress in transport projects indicates a strategic approach to enhancing trade and connectivity, vital for economic expansion.
📊 Legislative Progress: The new leadership in parliament aims to expedite the passage of critical laws, which could significantly impact economic reform and governance.
💻 Digital Transformation: Emphasizing electronic payments reflects Iraq’s move towards modernization, improving efficiency and transparency in financial transactions.
🔒 Anti-Corruption Measures: Al-Sistani’s call for integrity highlights the importance of accountability and governance in rebuilding public trust and ensuring stability.
🗳️ Political Stability: The cooperation among various branches of government suggests a positive shift towards a more unified approach to tackling Iraq’s economic challenges.

FIREFLY: IRAQ IS TAKING THE THREE ZEROS BILL TO PUTTING THEM IN AN ELECTRONIC PLATFORM

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