REINALDO JC UPDATE, 28 DEC

 REINALDO JC

🚨🚨🍾WTF!!!! Iraq 

Is this what I think it is or Am I tripping…🍾

Are they celebrating the distribution of the lower notes to the Iraqi banks in order to introduce them to the Iraqi citizens? (imo)

“His Excellency stressed that we have previously directed a special celebration for the issuance staff and safes, which comes in appreciation of their great efforts in the process of SORTING, PRINTING and ISSUING currency and other basic work tasks.” 12/26/24 

*previously mentioned-next step in the plan is for the CBI to introduce the new lower notes to their citizens 

CBI can We international investors along with the Iraqi citizens celebrate with you’ll & pop these champagne bottles already. We are READY!!! 🍾🍾🍾🍾🍾🍾

MAJEED : BIG CHANGES WILL COME IN THE 2025 FOR THE IRAQI DINAR @DINARREV...

Parliamentary Finance: Digital financial transformation will eliminate corruption and money laundering , 28 DEC

   Parliamentary Finance: Digital financial transformation will eliminate corruption and money laundering

12/24/2024  Baghdad - WAA - Wissam Al-Mulla

The Parliamentary Finance Committee confirmed, on Friday, that the digital financial transformation will eliminate corruption and money laundering.

The head of the committee, Atwan Al-Atwani, said in a statement to the Iraqi News Agency (INA), "The digital transformation in the financial aspect has become essential and very important to achieve a qualitative shift in sustainable development, and through applications it is possible to provide many job opportunities and provide cash liquidity to the Ministry of Finance."

 He added that "banking needs a qualitative shift, considering that digital transformation eliminates corruption and gets rid of money laundering," explaining that "digital transformation is not a luxury, but rather essential to keep pace with the global development that is proceeding rapidly in this field."

During the fourth annual international scientific conference, entitled (Digital Financial Services - Challenges of Reality and Future Foresight), which was organized last Tuesday, the Ministry of Finance announced that it has made great strides in digital transformation and electronic payment, while indicating that progress has been made in the field of automating customs procedures to ensure financial sustainability and economic diversification.  LINK

TIDBITS FROM KAPERONI, 28 DEC

 Kaperoni  

 Question:  "Rumor is that the dinar has RV'd.  Have you anything to say about those rumors?"

   Kaperoni:  Currencies of a country are not some lottery ticket. 

They represent a country, and if a currency is ever going to go up in value, it will be based on the success and economic growth of that country. 

  Iraq is trying to rebuild their country and diversify their economy.  Iraq has made a lot of progress over the years rebuilding, but still has a ways to go.

 If Iraq can create a market economy, and diversify away from oil, we may see some improvement in the value gradually as a result. But there is no significant RV like the gurus talk about.

MAJEED: IRAQ IS ADJUSTING SALARIES WITH THE NEW RATE & STABILIZING THE I...

The Central Bank of Iraq honors the members of the Issuance and Treasury Department on their career day , 28 DEC

 The Central Bank of Iraq honors the members of the Issuance and Treasury Department on their career day

December 26, 2024

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, sponsored the first annual celebration for the employees of the issuance and treasuries in the bank and its branches.

The ceremony witnessed the honoring of the employees who won a symbolic shield in appreciation of their distinguished efforts, by the Governor, the Deputy, the Director of the Issuance and Treasury Department, and the branch managers.

His Excellency the Governor praised, during a speech on the sidelines of the celebration, the contributions of all employees of the Central Bank of Iraq, especially the employees of the Issuance and Treasury Department, whose work nature and positions differ from other departments and sections.

His Excellency stressed that we had previously directed to hold a special celebration for the employees of the issuance and treasuries, and this comes in appreciation of their great efforts in the process of sorting, printing, and issuing currency and other basic tasks of their work. 

Central Bank of Iraq
Media Office
December 26, 2024

https://cbi.iq/news/view/2747

FIREFLY: ON TV ARE TALINK ABOUT THE ADJUSTMENT NEEDED TO HAVE A NEW EXCHANGE RATE!!, 28 DEC

 Frank26   

[Iraq boots-on-the-ground report] 

 FIREFLY: Television is talking about the discussion for adjustment to have a new exchange rate.  Can you believe that Mr. Frank?

  Every day they tell us they're going to give us a new exchange rate...You know why they're telling us they're going to give us a new exchange rate?  They say since the auctions are stopping.  

FRANK:  Tell parliament to moooove over...The cash cow is coming to an end... It's coming, that's all there is to it.