Iraq’s government requests to amend 2025 budget law on Kurdistan oil
Shafaq News/ The Iraqi government requested the parliament to amend a section of the draft budget law for the year 2025, Iraqi MP stated on Saturday.
The MP Muthanna Amin announced that the Iraqi parliament's legislative recess will end on January 10, 2024, and one of the primary tasks to be completed during the upcoming session will be the approval of the 2025 budget law.
He added that the federal government had requested a modification to a paragraph in the budget related to the oil of the Kurdistan Region, specifically regarding the estimated costs of crude oil extraction.
“A preliminary agreement has been reached between oil companies and the Kurdistan Regional Government on this issue, and what the regional government presents will be included in the 2025 national budget draft,” he pointed out.
Following negotiations, Erbil and Baghdad have reached an agreement to amend the budget, raising the costs to approximately from 6$ per barrel to $20.6. In the initial phase, oil companies will receive around $16 per barrel.
Regarding Iraq's upcoming legislative elections, Amin revealed, “The current parliamentary term will expire next year,” emphasizing that the elections must be held at least two months before the term ends.
CRITICAL! Banks Are Desperate to Block Redemption Centers: Iraqi Dinar, ZIM, QFS, and the End of the Fiat Dollar!
· A hidden war for global wealth is underway, and the banks—owned by the collapsing Cabal—are panicking. They’re desperate to keep you from Redemption Centers, where a gold-backed financial system is dismantling their control.
· Banks’ Dirty Secrets Revealed: Banks are not just offering low exchange rates—they’re sabotaging the Global Currency Reset (GCR). For years, they’ve enslaved humanity with debt and worthless fiat currencies. Now, their system is crumbling. Insiders report that banks hoard currencies like the Iraqi Dinar and Vietnamese Dong, claiming they’re worthless while planning to exchange them at Redemption Centers for massive profits.
· Misinformation campaigns are in full swing. Banks want you to believe Redemption Centers don’t exist because these centers bypass their control. Operating under the revolutionary quantum financial system (QFS), Redemption Centers are immune to the Cabal’s manipulation.
· The Revolutionary Role of Redemption Centers: Redemption Centers aren’t just for currency exchanges; they’re gateways to financial freedom. Unlike banks, these centers are part of the QFS, ensuring secure, transparent, and asset-backed transactions. The gold-backed U.S. Treasury Note (USTN) and other currencies tied to tangible assets signal the death of fiat money.
· Even more, Redemption Centers are rumored to distribute tools like quantum access cards and the “Patriot Wealth Fund.” This fund consists of recovered Cabal assets, including seized gold and offshore accounts, redistributed to empower individuals.
· The Truth They Fear: Banks know their days are numbered. As the GCR and Redemption Centers expose their fraud and usher in a new financial era, the Cabal’s grip on humanity weakens. The choice is clear: trust the system of the elite or embrace the financial freedom of Redemption Centers.
The Central Bank of Iraq revealed the positive indicators achieved by the bank for the third quarter of 2024 compared to the same quarter of 2022 and 2023, stressing that this reflects the success of the monetary policy adopted by the bank during 2024. The Central Bank of Iraq confirmed that total deposits at banks operating in Iraq recorded a growth of (4.2%) in the third quarter of 2024,
reaching (127.6) trillion dinars, compared to its value of (122.4) trillion dinars in the third quarter of 2023, in contrast, the cash credit granted by public banks grew by (11.6%) in the third quarter of 2024, amounting to (72.7) trillion dinars, compared to its value of (65.1) trillion dinars in the third quarter of 2023.
The bank stated that deposits with private banks operating in Iraq recorded a growth of (14%) in the third quarter of 2024, amounting to (18.7) trillion dinars, compared to their value of (16.4) trillion dinars in the third quarter of 2023. In contrast, the cash credit granted by private banks achieved a growth of (15.1%) in the third quarter of 2024, amounting to (12.2) trillion dinars, compared to its value of (10.6) trillion dinars in the third quarter of 2023, pointing out that these percentages reflect the increase in confidence of economic units in private banks operating in Iraq.
He added that private sector deposits at banks operating in Iraq recorded a growth of (3%) in the third quarter of 2024, amounting to (56.1) trillion dinars, compared to their value of (54.4) trillion dinars in the third quarter of 2023, indicating that the cash credit granted to the private sector by banks operating in Iraq achieved a growth of (8.6%) in the third quarter of 2024, amounting to (42.8) trillion dinars, compared to its value of (39.4) trillion dinars in the third quarter of 2023, stressing that this increase reflects the increase in the private sector’s confidence in banks operating in Iraq.
The bank revealed that the cash offer in the narrow sense in Iraq recorded a growth of (4.1%) in the third quarter of 2024, with a value of (158.6) trillion dinars, compared to its value of (152.4) trillion dinars in the third quarter of 2023, in contrast, the cash supply in the broad sense in Iraq recorded a growth of (3.3%) in the third quarter of 2024, with a value of (179.8) trillion dinars, compared to its value of (173.9) trillion dinars in the third quarter of 2023. He added that the gold reserves of the Central Bank of Iraq recorded a significant growth of (57%) in the third quarter of 2024, amounting to (16.8) trillion dinars, compared to their value of (10.7) trillion dinars in the third quarter of 2023, stressing that the annual inflation rates in Iraq are among the lowest annual inflation rates in the countries of the region for August and September 2024, as the rest of the percentage is acceptable at (3.7%) and (3.1%) respectively, reflecting price stability and the success of monetary policy in Iraq, revealing the publication of statistics on the official website of this bank at the following link: (https://cbi.iq/news/section/155)
Central Bank of Iraq Media Office December 29, 2024
In this video, the speaker delves into the intricate relationship between technology and human interaction, focusing on how modern advancements shape our communication and social behaviors.
The discussion begins with an overview of historical communication methods, highlighting the evolution from face-to-face interactions to digital communication platforms. The speaker emphasizes that while technology facilitates connections across vast distances, it also introduces challenges such as reduced personal engagement and potential miscommunication.
The video further explores the psychological impacts of technology on human relationships, arguing that excessive reliance on digital communication can lead to feelings of isolation and loneliness. The speaker provides compelling statistics and case studies to illustrate how social media, in particular, can both connect and disconnect individuals. Additionally,
the impact of technology on mental health is examined, with insights into the correlation between social media usage and anxiety or depression.
The latter part of the video offers practical advice for maintaining healthy communication habits in the digital age. The speaker advocates for a balanced approach, encouraging viewers to integrate more face-to-face interactions into their lives. Strategies such as setting boundaries around technology use and prioritizing in-person connections are discussed, along with the importance of being mindful of one’s digital footprint.
Overall, the video presents a nuanced perspective on the dual-edged sword of technology in our lives, urging viewers to reflect on their digital habits and consider the quality of their social interactions.
Highlights
🌐 Evolution of Communication: The speaker outlines the transformative journey of communication from traditional methods to the digital realm.
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: The video highlights the adverse effects of reliance on digital communication on mental health and social well-being.
📊 Statistics and Case Studies: Compelling data illustrating the correlation between social media usage and increased feelings of loneliness.
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⚖️ Balance is Key: Emphasizes the importance of balancing digital interactions with face-to-face communication to enhance emotional connections.
📅 Mindful Digital Footprint: Encourages viewers to reflect on their online presence and its implications for their real-life relationships.
Key Insights
🌍 Historical Context of Communication: Understanding the historical context of communication methods helps us appreciate the current digital landscape. The transition from oral traditions to written communication and then to digital forms illustrates humanity’s ongoing quest for connection. This backdrop allows us to critically assess how each technological leap has altered our social interactions and the essence of communication itself.
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💔 Mental Health Correlation: The speaker underscores the correlation between social media use and mental health issues, such as anxiety and depression. By presenting research findings, the video emphasizes that the constant comparison and the pressure to maintain an ideal online persona can significantly affect users’ mental well-being. This insight mandates a careful evaluation of our digital habits and their impact on our mental health.
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🔍 Mindfulness in Digital Consumption: Finally, the speaker calls for mindfulness regarding our digital consumption. Being aware of how social media impacts our mood and relationships can lead to healthier online habits. By reflecting on our digital interactions, we can cultivate a more meaningful and balanced approach to technology, ensuring it serves as a tool for connection rather than a barrier.
In conclusion, the video provides a comprehensive exploration of the complex relationship between technology and human communication. By offering historical perspectives, psychological insights, and practical strategies, the speaker encourages viewers to engage in self-reflection and strive for a healthier balance in their communication practices. The overarching message serves as a reminder that while technology can enhance our lives, it is essential to prioritize genuine connections and mental well-being in an increasingly digital world.
Shafaq News/ Iraq’s Central Bank (CBI) announced significant growth in its gold reserves, describing the country’s inflation rates in August and September 2024 as among the lowest in the region.
In a statement outlining third-quarter economic indicators, the Central Bank attributed the positive developments to its monetary policies implemented throughout 2024.
The bank reported a 57% increase in gold reserves, which reached 16.8 trillion dinars in the third quarter, compared to 10.7 trillion dinars during the same period in 2023.
It also noted that Iraq’s annual inflation rates were 3.7% in August and 3.1% in September, reflecting what the bank called “price stability and effective monetary policy.”
“Total deposits in Iraqi banks grew by 4.2% in the third quarter of 2024, amounting to 127.6 trillion dinars compared to 122.4 trillion dinars in the same quarter of 2023. Credit extended by public banks rose by 11.6%, reaching 72.7 trillion dinars, up from 65.1 trillion dinars a year earlier.” CBI said.
Private banks also saw notable growth, with deposits “increasing by 14% to 18.7 trillion dinars and credit rising by 15.1% to 12.2 trillion dinars.”
“These figures reflect growing trust in private banking institutions.”
In addition, deposits from the private sector increased by 3% to 56.1 trillion dinars, while credit extended to the sector grew by 8.6%, reaching 42.8 trillion dinars in the third quarter of 2024.
The Central Bank reported a 4.1% increase in narrow money supply, which totaled 158.6 trillion dinars, compared to 152.4 trillion dinars in 2
The bank highlighted the growth in reserves and credit as indicators of economic stability and increased confidence in the financial sector.
