Tuesday, December 10, 2024
The Center for Banking Studies announces its training plan for the year 2025, 10 DEC
The Center for Banking Studies announces its training plan for the year 2025
In the presence of His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, the Center for Banking Studies at the Central Bank of Iraq announced its training plan to be implemented during 2025.
The Director General of the Center for Banking Studies, Dr. Mustafa Munir, said that the center will provide specialized accredited courses and tests in the fields of the financial and banking sector, providing workers in this vital sector with accredited international certificates and practices, in addition to providing solid scientific consultations and studies in the financial and banking fields of the Iraqi banking system.
The attendees expressed their interventions regarding the plan and enhancing its details, in light of the observations and suggestions made by each of them at the level of the accredited specialized certificates axis and the workshops and training courses axis, which reflect the actual training needs of banking institutions and non-banking financial institutions, to raise the level of efficiency of the performance of workers in the banking system, towards achieving the goals of sustainable development in implementation of the government program with the required qualitative achievement.
The deliberative meeting concluded with expressing observations and suggestions that would positively reflect on the effectiveness of the training plan to be launched in 2025, and preparing it in its final form, taking into account the flexibility of the plan and its ability to accommodate developments and keep pace with developments.
Central Bank of Iraq
Media Office link
TIDBIT FROM SANDY INGRAM , 10 DEC
Sandy Ingram
Iraq is in a fragile status. Anytime there is a concern about external forces upsetting Iraq's progress [we] feel obligated to inform IQD investors.
The situation in Syria is more urgent than most of us realize... Video Quote: "...The take over of Aleppo by an Islamist rebel group, the US has designated as a terrorist group, has alarmed residence and officials in neighboring Iraq.
Residents in Mosul are particularly concerned...as it shares a large border with Syria. Mosul was overrun and ruled by Islamic State Militants from 2014 to 2017...Residents in Mosul are concerned the fighting in Syria...might embolden rebel sympathizers in Iraq."
Monday, December 9, 2024
PM Al-Sudani in Victory Anniversary: Terrorism no longer has a foothold in Iraq, 10 DEC
PM Al-Sudani in Victory Anniversary: Terrorism no longer has a foothold in Iraq
Shafaq News/ On Monday, the Iraqi Prime Minister, Mohammed Shia Al-Sudani, declared that terrorism no longer has a foothold in Iraq.
During his speech in Victory Day anniversary, commemorating seven years since Iraq's defeat of ISIS, Al-Sudani praised the sacrifices of the nation, stating, “This victory, achieved through the sacrifices of our martyrs and wounded, supported by the fatwa of the Supreme Religious Authority, is a source of pride for all Iraqis. ”
He highlighted Iraq's role in combating terrorism on behalf of the world, adding, “Our allies stood with us in this fight because Iraqis were battling a threat that endangered the entire region and the globe. Today, terrorism has no place in Iraq, and its remnants face only defeat and flight before our armed forces.”
The PM further stressed the importance of addressing the root causes of the 2014 ISIS invasion, pledging to strengthen the rule of law, rebuild liberated areas, and support displaced communities. Iraq has emerged stronger, victorious, and resolute in its pursuit of reconstruction and development, he said.
Commenting on the ongoing crisis in neighboring Syria, Al-Sudani urged the international community to act responsibly, stating, “We hope that the region and the world will act responsibly to safeguard Syria’s security and sovereignty. The Syrian people must have the freedom to determine their future, and the international community must ensure the unity of Syrian territory and protect its diversity.”
DINAR REVALUATION REPORT: RV UPDATES, 10 DEC
DINAR REVALUATION REPORT:
RV UPDATES
Summary
Stay updated on finance, currency revaluation, and Iraq Dinar news. Important announcements and potential developments are expected in the next few days.
Highlights
- 🔍 Dinar RV Updates: Anticipation builds around the Iraq Dinar revaluation and related news.
- 💰 Contract Rates: President Trump aims to secure better rates for the Dinar, beyond standard bank rates.
- 📈 Economic Reforms: Iraq’s government is focused on monetary reforms, with significant changes expected soon.
- ❗ Redemption Centers: Over 6,000 redemption centers are confirmed for Dinar exchanges, enhancing access.
- 🌍 International Cooperation: Iraq’s Central Bank collaborates with the EU and Germany to improve financial markets.
- 📅 Upcoming Announcements: A significant announcement regarding the HCL and exchange rates is anticipated in the next few days .
Key Insights
- 🔍 Redemption Centers Are Real: With over 6,000 centers available, access to better rates for currency exchange is becoming a viable option for investors. This network is crucial for facilitating the expected currency revaluation.
- 💰 Contract Rates Explained: Contract rates exist independently of formal contracts, potentially offering higher exchange rates for Dinar holders, reflecting the administration’s effort to maximize investor returns.
- 📈 Monetary Reforms Underway: Iraq’s current government is working diligently on economic reforms, which are key to stabilizing and enhancing the value of the Dinar in the global market.
- ❗ Public Sentiment: Iraqi citizens express frustration over unmet promises regarding purchasing power, illustrating the gap between government actions and public expectations, which could impact political stability.
- 🌍 International Partnerships: The agreement with the EU and Germany signifies Iraq’s commitment to reform and modernization, paving the way for improved economic conditions and foreign investment.
- 📅 Expectations for Change: Analysts predict significant developments in the next few days, suggesting a critical period for currency revaluation that could reshape Iraq’s economic landscape.
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