The Prime Minister's Office issues a strongly worded statement...and threatens, 9 NOV

 The Prime Minister's Office issues a strongly worded statement...and threatens

11/8/2024

The Prime Minister’s media office issued a strongly worded statement, threatening “legal prosecution of those who spread lies.”

A statement received by {Euphrates News} said, "In continuation of the approach of clarity and transparency in government work, and the related media effort aimed at spreading facts and establishing realistic information before our honorable people, in all areas of public service, we confirm that legal prosecution is ongoing for every party or entity that promotes or fabricates lies and false news, which aims first to confuse and mislead public opinion, and cover up for the corrupt, in addition to targeting the government team and the clear digital successes it has provided in files that have represented a difficult knot for service and economic performance over the years."

He pointed out that spreading lies is the weapon of the bankrupt, and the trick of those who do not expect a sincere and appreciated position in the consciences of our people and sons of our nation. Whenever the government takes a clear step forward, such as the achievement that angered the corrupt and spiteful, represented by receiving the docks of the Grand Faw Port, the falsifiers rush to spread cheap lies, the origins of which are no longer difficult to trace, and to track who is behind them trying to compensate for what he lost. Consequently, the law will take its correct course regarding deliberate fabrication, lying and slander.

He pointed out that spreading lies is the weapon of the bankrupt, and the trick of those who do not expect a sincere and appreciated position in the consciences of our people and sons of our nation. Whenever the government takes a clear step forward, such as the achievement that angered the corrupt and spiteful, represented by receiving the docks of the Grand Faw Port, the falsifiers rush to spread cheap lies, the origins of which are no longer difficult to trace, and to track who is behind them trying to compensate for what he lost. Consequently, the law will take its correct course regarding deliberate fabrication, lying and slander.

He stressed that "the government team will continue to work and give, and these exposed methods will not hinder it from achieving its goals and priorities. The war on corruption will continue, in order to extend the hand of the law, and track down anyone who harms the reputation of any Iraqi, or targets with evil the performance of anyone who provides honorable service to all Iraqis."   LINK

TIDBITS FROM MARKZ, 9 NOV

  MarkZ 

  [via PDK]    

Comment: This is a 3 day weekend for Veterans day.  

MarkZ:  There is a lot of anticipation for this weekend.

  Isn’t that interesting... Sudani was overheard saying they planned to have the revaluation completed, everything done by Victory Day...Which is December 10th…  

This is from a number of folks in parliamentary finance who heard the comment. This means they have to go soon if it’s to be “completed by Dec. 10th.

REPORT FROM MR SALVAGE ‪@DINARREVALUATION‬

 

Parliamentary Oil: Gas licensing rounds will support the financial budget, 9 NOV

  Parliamentary Oil: Gas licensing rounds will support the financial budget

The Parliamentary Oil and Gas Committee stressed, on Thursday, the importance of gas licensing rounds in diversifying Iraq's imports and supporting its budget with new sums.

Committee member Ali Saadoun said in an interview with Al-Maalouma Agency, “The gas licensing rounds are of great benefit to Iraq and provide the financial budget with sums through extracting and selling gas, as well as diversifying the state’s imports.”

He added, "There are quantities of gas in several exploration extraction areas, and the companies that have applied to work in them are diverse, including Chinese companies, and they will begin their activities," indicating that "this important step was supposed to take place 10 years ago." 

It is noteworthy that the Minister of Oil, Hayan Abdul Ghani, had previously expected an increase in gas production by 3 billion cubic feet as a result of the licensing rounds.  link

TIDBIT FROM MILITIAMAN, 9 NOV

  Militia Man 

  Article: "Iraq intends to increase the International Monetary Fund by equivalent of 1.45 trillion dinar." 

 They paid off their debt, inflation is down, interest rates have dropped, foreign currency reserves have increase, 152.6 tons of gold...Does that sound like a country that's still going to stay at 1310 with their exchange rate?

FIREFLY: " the dinar would return to the 'glory days' of the past." ‪@DINARREVALUATION‬

 

Al-Sudani takes a number of steps regarding financial and banking reform in Iraq, 9 NOV

  Al-Sudani takes a number of steps regarding financial and banking reform in Iraq

Prime Minister Mohammed Shia al-Sudani directed, on Friday, to take a number of steps within the framework of banking and financial reform in the country, including increasing the number of bank branches in the governorates, as most activities are concentrated in the capital, Baghdad.

Al-Sudani's media office stated in a statement today that "within the framework of efforts to reform the financial and banking system, as one of the priorities of the government program, and in light of the important steps achieved during the past two years, and in light of the challenges facing the financial and banking system, especially in the governorates, and since confronting them requires greater attention and radical improvements to ensure enhancing confidence in the financial and banking sectors, facilitating the process of economic development, increasing financial inclusion and raising its indicators throughout the country, and because most of the activities were concentrated in the capital, Baghdad, Al-Sudani directed that a number of steps be taken in this regard."

Among the steps, according to the statement, is “increasing the number of bank branches in the governorates to meet the needs of the local population, and in a way that contributes to expanding the scope of financial services, while paying attention to buildings, their modernity, and providing their basic requirements.”

The statement pointed out the necessity for all banks in the governorates to adopt modern technologies such as online banking services and mobile applications, which facilitates citizens’ access to their banking services easily.

The statement stressed the importance of banks developing their financial services to suit the needs of individuals and small businesses, such as soft loans and savings accounts.

The media office pointed out the enhancement of financial inclusion in the governorates by providing banking services to different segments of society, including districts and sub-districts in villages and rural areas.

The statement called for launching conferences and awareness campaigns in the governorates, to educate citizens about the importance of dealing with banks and how to manage and invest money properly.

The statement directed the organization of workshops to train young pioneers and local businessmen on how to deal with loans and financial services.

The statement added that the Ministry of Finance, the Central Bank of Iraq, and the Iraqi Private and Islamic Banks Associations will coordinate with the governors’ offices to accomplish the above tasks according to their jurisdiction and responsibility, and submit quarterly reports (every three months) to the Prime Minister’s Office regarding the progress of work on the steps mentioned above. link