What we're hoping to see through this week...they come out and give us some type of news saying that sometime in the near future they're going to tentatively set a date to send and approve the budget schedules to parliament.
That's what we want to see. We want to see them schedule a time period to where they'll be ready to send the budget schedules to parliament for approval and reveal some kind of time frame or a date for that.
That's the next critical piece we're looking for. The rate needs to change before [approval] is going to happen...Everything is moving in the right direction...We're very very close to this..
President of the Republic, Abdel Latif Jamal Rashid, arrived on Monday in Switzerland to participate in the meetings of the World Economic Forum held in Davos.
The World Economic Forum, which is held annually in Davos, Switzerland, is a global platform that brings together policy and economic leaders from around the world to discuss the most prominent international issues and challenges, such as climate change, the global economy, innovation, and sustainable development.
...economic expert Nabil Jabbar Al-Tamimi is saying they are ready for FOREX after implementing all these banking and financial reforms.
The White Paper reforms have been successful. It is time to move to the next stage which is…...?
Well folks financial and banking researcher Mustafa Hantoush just pointed out to us what the next stage should be.
Yes, I mean FOREX! I do not see the Trump era administration not seeing the necessity for going to FOREX with all the progress of the reforms to move to the next stage. I am sure the US Treasury will agree. ...I am told by [my] CBI contact...that they...are giving Iraq a “thumbs up” to move ahead
Al-Wasat Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the southern East Baghdad field.
The company’s general manager, Mohammed Yassin Hassan, said in a statement received by {Al-Furat News} that the main exploratory well test operations in the East Baghdad field have achieved great success, as a high-yield oil flow of medium and light oil was obtained.
He is expected to add more than two billion barrels to Iraq’s oil reserves, making it the largest oil discovery in central Iraq
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The Director General pointed out that the initial tests of the well showed a daily production rate of up to 5,000 barrels of crude oil.
Yassin praised the fruitful cooperation between the Iraqi engineers of the Central Oil Company and their counterparts in the Chinese company EBS, which resulted in careful planning and the careful implementation of well testing procedures in areas within the oil field.
This discovery gains strategic importance as it adds to Iraq’s oil balance, which ranks fifth in the world in proven reserves. This achievement also enhances the productive capacities of Iraq, one of the founding and influential members of the Organization of the Petroleum Exporting Countries (OPEC), which supports its pivotal role in the global energy market.
Security features for the new banknotes using images from the old banknotes.
When you’re driving home and someone is following you and you don’t know who they’re what extent of misdirection do you go to in order to get them off your trail?
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2025-01-19 03:44Font
Shafaq News/ The Central Bank of Iraq (CBI) revealed the security features of its new banknotes to raise awareness among the public, companies and financial institutions.
The CBI also underscored the sophistication of Iraqi banknotes, describing them as among the most advanced in terms of security features.
The notes are printed on premium paper to guarantee both quality and security.
The new banknotes will circulate alongside the existing ones, with no plans to withdraw the older currency from circulation, the Central Bank confirmed.
In a technical bulletin, the CBI showcased the enhanced security features of the banknotes, including raised marks on the new notes to assist visually impaired individuals in identifying denominations by touch.
To ensure a smooth transition, the CBI emphasized that the public will have sufficient time to familiarize themselves with the new banknotes and urged the widespread dissemination of this information.
Highlighting its objectives, the CBI stated that its primary goals include maintaining local price stability, ensuring a competitive and stable financial market system, and promoting sustainable growth, job creation, and prosperity in Iraq.
The CBI warned that manufacturing, possessing, or distributing counterfeit banknotes constitutes a criminal offense punishable by law and urged the public to report any counterfeit currency to the police or the Central Bank.
1737284012913_دليل الاوراق النقدية.pdf
