Association of Private Banks: Financial inclusion increased to 48%, 9 NOV

 Association of Private Banks: Financial inclusion increased to 48%

Economy News – Baghdad

The Association of Private Banks announced on Saturday a high financial inclusion of electronic payment during the last two years.

“During the last two years, there has been progress in terms of increasing financial inclusion and the use of bank accounts, especially after government decisions regarding increasing the use of electronic payment,” said Ali Tariq, executive director of the Association of Private Banks, in a statement to the official agency and followed by “Economy News.”

He pointed out that “there are many citizens who have bank cards or bank accounts and the start of using electronic payment is clearly and gradually increasing, and all of these are reflected in the financial inclusion rate, which has risen according to the latest Central Bank data to 48%.”

He added: “Our ambition in the next phase is to increase financial services and be directed not only in city centers but also in villages and rural areas so that there are financial services that include the largest possible class of society.”

On Friday, Prime Minister Mohammed Shia Al-Sudani issued several directives to expand financial services in the governorates.

The Prime Minister’s Information Office stated that “within the framework of the efforts to reform the financial and banking system, as one of the priorities of the government program, and given the important steps achieved during the past two years, and in light of the challenges witnessed by the financial and banking system, especially in the governorates, and since confronting them requires greater attention and radical improvements to ensure the strengthening of confidence in the financial and banking sectors, facilitating the process of economic development, increasing financial inclusion and raising its indicators throughout the country. Because most of the events were concentrated in the capital Baghdad, Prime Minister Mohammed Shia Al-Sudani directed a number of steps in this regard:

1. Increasing the number of banking 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.

2. All banks in the governorates must adopt modern technologies such as online banking services and mobile applications, making it easier for citizens to access their banking services easily.

3. Emphasizing on banks the importance of developing their financial services commensurate with the needs of individuals and small companies, such as soft loans and savings accounts.

4. Enhancing financial inclusion in the governorates by providing banking services to different categories of society, including districts and areas in villages and rural areas.

5. Launching conferences and awareness campaigns in the governorates, to educate citizens about the importance of dealing with banks and how to manage and invest funds properly.

6. Organizing workshops to train young entrepreneurs and local entrepreneurs on how to deal with loans and financial services.

He added that “the Ministry of Finance, the Central Bank of Iraq, and the associations of Iraqi private and Islamic banks will coordinate with the offices of governors to complete the above tasks according to competence and responsibility, and submit quarterly reports (every three months) to the Prime Minister’s office on the progress of work on the steps mentioned above.”

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Added 2024/11/09 – 10:35 AM

https://economy-news.net/content.php?id=49631

JUDY NOTES: RV REDEMPTION APPOINTMENTS, 9 NOV

 Fri. 8 Nov. 2024 RV Redemption Appointments

• Gesara’s Operation Phoenix, which reclaimed wealth from the c*****t elite and restored it to The People, began it’s e*******n stage in early November.

• Commander In Chief Trump’s elite military units and specialized financial teams were dismantling key c*****t banking nodes in Zurich, London and Hong Kong. They began arresting high-profile bankers and corporate operatives and seized their assets.

• Redemption Centers across the nation have received critical upgrades to ensure a secure exchange process. Each center now operates with Quantum Shielding Technology,  preventing any external interference or surveillance attempts. Developed in top-secret military labs, this technology ensures that only those approved through the QFS can enter, protecting participants from D********e actors attempting to disrupt the wealth transfer.

• Participants signing Non-Disclosure Agreements (NDAs)  must now verify their identities through advanced biometric signatures, including fingerprint and retina scans.

• These security measures link directly to Quantum Access Cards, further securing each participant’s funds and ensuring only genuine participants are permitted within the QFS.

• The Quantum Access Cards, were essential for accessing funds under GESARA.All cards are equipped with Real-Time Surveillance Deterrents (RTSDs), which detect any attempt to access the card outside QFS’s secure environment. If tampered with, the card immediately encrypts all data, remaining locked until receiving a signal from a Quantum Communication Hub.

• In recent weeks there has been full integration of Starlink satellites with the QFS, creating a powerful Q-Grid.

• This global network of Quantum Communication Hubs now spans eight strategic U.S. regions and other key global locations, connecting Redemption Centers and Quantum Access Cards under an unbreakable encryption shield accessible only by the QFS.

• All GESARA announcements (including notification for appointments) will be delivered through the EBS without obstruction by m**************a or D********e interference.

• When the time comes for the GESARA announcement, Starlink will activate the EBS through the Q-Grid, transmitting real-time updates to every participant. This bypasses traditional media outlets, delivering unfiltered truth to the people directly.

Dinar Revaluation: Is It Real? Wolverine Explains! ‪@DINARREVALUATION‬

 

Iraq asserts opposition to using its airspace for attacks on Iran, 9 NOV

Iraq asserts opposition to using its airspace for attacks on Iran

Shafaq News/ On Saturday, Iraq’s National Security Advisor Qasim al-Araji met with the Iranian military attaché in Baghdad, Major General Majid Gholi Pour, at his office.

According to a statement from Al-Araji's media office, “the two discussed enhancing the security and stability of both countries, activating memorandums of understanding for border control, and continuing cooperation in combating terrorism and smuggling.”

Al-Araji reaffirmed “Iraq's firm stance against the use of Iraqi airspace to attack Iran or any other neighboring country,” referring to Israel's recent use of Iraqi airspace in its assault on Iran.

TIDBIT FROM BRUCE, 9 NOV

 BRUCE

Thurs. 7 Nov. 2024 Bruce: Tier4b (us, the Internet Group) should receive notification to set appointments over the weekend. 

Exchanges should start on Tues. 12 Nov

CBI CONTACT INTEL : IRAQ IS PLANNING THE NEXT PHASE OF THE PROJECT DELET...

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 continued, "Our people have faced various media attacks over the past two decades, some of which targeted our armed forces and promoted terrorism, and some of which targeted the democratic process and promoted the orphans of dictatorship. Today, there are those who cooperate with corruption, or insist on replacing their role as defined by the constitution with the profession of buffoonery and lying, just to distort the tangible government achievement, and they deliberately pollute all parties with their deviations, after receiving painful blows, and there is no corruption file that has not been dealt with by the hand of justice."

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