To discuss the budget and salaries of Kurdistan.. A delegation from the regional government arrives in Baghdad
A high-level delegation from the Kurdistan Regional Government arrived this morning, Sunday.KurdistantoCapitalBaghdadTo discuss a number of files, most notably the budget and salaries of the region’s employees.
The spokesman wasMinistry of FinanceThe Minister of Economy in the Kurdistan Regional Government, Honar Jamal, confirmed yesterday, Saturday, that the Minister of Finance and Economy in the Regional Government, Awat Sheikh Janab, will head the government delegation.
He explained that "the delegation will meet with the Federal Minister of Finance, Taif Sami, to discuss the issue of salaries of the region's employees for the months of October, November and December of 2024, in addition to discussing amending the federal budget and the region's share in the 2025 budget." link
There is a lot of news on dollar auctions and currency manipulation today as we are nearing the end of them. They are trying to root out the corrupt elements to the maximum possible extent before they look to RV.
Though only 5 banks are having correspondent bank tieup in USA ,lot of other banks have time ups to deal in yuan,rupees,dirham and euro.
it will take a little more time for them to get used to the new dynamic,once the auctions stop .
Iraq is at the cusp of overhauling the dollar trade practices from the 2 decade long practice to a new and more efficient way.
The 2 decades of dollar smuggling could not be arrested even with the electronic platform which resulted in the theft of the century.
We are witnessing a paradigm shift.lets hope the the new practice will bring peace, prosperity and harmony to the Iraqi people.
Again I don't know the rate or time of RV.just posting my thoughts.
The Central Bank and the Securities Commission sign a joint memorandum of understanding to enhance cooperation
The Securities Commission announced today, Sunday, the signing of a joint memorandum of understanding with the Central Bank to enhance cooperation.
The Deputy Chairman of the Securities Commission, Nagham Hussein Ismail, said: “Based on the joint cooperation between government institutions, and in view of the desire of the Securities Commission and the Central Bank of Iraq to create a joint cooperative framework for both parties that contributes to achieving the goals of sustainable development in the banking sector, a memorandum of understanding was signed between the two parties.”
She added, "The signing of the agreement came to enhance cooperation between the two parties in the field of information related to shareholders, and to benefit from the electronic window of the shareholders' system approved by the Iraq Stock Exchange." link
[via PDK] in Iraq: “Central Bank governor opening foreign channels to foreign currencies eliminates the black market” they are talking about partnering with neighboring countries and carry more of a “basket of currencies” so they do not need the US dollar for trade.
Including Jordan, Saudi Arabia, and different countries around them.
They want to split the value of the Iraqi dinar based on gold, oil, reserves and a basket of partnering currencies. This should mean a much higher value for the Iraqi dinar. They are making “real world moves” to support the value of their currency.
FRANK26: "NO THANK YOU BLINKEN, TRUMP'S SECRETARIES HAVE ALREADY BEEN HERE".......F26
An "unannounced" visit and a surprise landing in Baghdad.. Blinken to Al-Sudani: We are committed to supporting Iraq
12/13/2024
US Secretary of State Antony Blinken made an unannounced visit to Iraq on Friday, during which he met with Prime Minister Mohammed Shia al-Sudani and held talks with him about the future of Syria.
According to Reuters, Blinken is
Reuters quoted the US State Department as saying that "Blinken stressed from Baghdad the US commitment to the US-Iraqi strategic partnership and to Iraq's security, stability and sovereignty."
She added that the Secretary also discussed regional security opportunities and challenges, as well as continued U.S. support for engagement with all communities in Syria to create a comprehensive transition.
According to Reuters, Blinken's visit was not announced until after he met with Al-Sudani on Friday afternoon.
Meanwhile, the Iraqi Prime Minister's media office confirmed that Al-Sudani and Blinken discussed bilateral relations between the two countries, ways to enhance joint cooperation, as well as discussing the situation in the region, developments in the current events in Syria, and the regional and international efforts required to enhance security in Syria and the stability of the entire region.
Al-Sudani renewed, according to a statement received by Shafaq News Agency, support for Syria in this important stage, and the importance of friendly countries helping the Syrians rebuild their country and confront the challenges that may affect civil peace in it, stressing the necessity of representing all components of the Syrian people in the administration of the country to ensure enhancing its stability. He also stressed that Iraq is waiting for actions, not words, from those in charge of managing the transitional phase in Syria.
The Iraqi Prime Minister stressed the need not to allow any aggression on Syrian territory, from any party, because this represents a threat to security and stability in the region.
For his part, the US Secretary of State stressed, according to the Iraqi statement, Washington and Baghdad's agreement on the necessity of respecting the choices of the Syrian people, and working to form a comprehensive government that reflects the will of the Syrian people and the diversity of its components.
Blinken referred to the pivotal role of Iraq, and stressed that it represents a key partner in the region, and the importance of consulting with it on the current developments witnessed in the region, and that the members of the international coalition are committed to the security, sovereignty and stability of Iraq.