Monday, February 17, 2025

ZOOM IRAQ NEWS: Iraq’s central bank will ban five more local banks from conducting US dollar transactions, 17 FEB

 ZOOM NEWS

Iraq’s central bank will ban five more local banks from conducting US dollar transactions, following meetings with US Treasury officials aimed at cracking down on money laundering, dollar smuggling,

and other financial violations, two sources have told Reuters. The move follows similar restrictions imposed last year and comes after recent talks in Dubai between Iraqi, US Treasury, and Federal Reserve officials. 📸: Reuters
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JR TRUTH RV UPDATE, 17 FEB

JR TRUTH 
Fri. 14 Feb. 2025

 I’ve been told my platform (that has currency and bond holders in it) started today Fri. 14 Feb. and will start payments on Tues. 18 Feb. I expect currency notifications around same time.

 …JR Truth

AJ : 🇮🇶🔥 IT'S DONE Article 2!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 


ZOOM IRAQ NEWS: IRAQ DISCUSSING THE Turkey’s political landscape and peace process , 17 FEB

 ZOOM NEWS

Masoud Barzani, leader of the Kurdistan Democratic Party (KDP), met with the DEM Party’s Imrali delegation in Erbil to discuss 

Turkey’s political landscape and peace process following their visit with imprisoned Kurdish leader Abdullah Ocalan, emphasizing that all parties must intensify efforts for peace as the only solution to the Kurdish cause - statement 📸: Barzani Headquarters
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CRYPTO TRADER UPDATE, 17 FEB

CRYPTO TRADER
#IQD Will Iraq Abandon Its Local Banks? New Pressures from the Central Bank

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MZ: I think it’s the calm before the storm! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

 


Advisor to the Prime Minister: The principle of partnership with the private sector will strengthen the digital bond in its best form, 17 FEB

 Advisor to the Prime Minister: The principle of partnership with the private sector will strengthen the digital bond in its best form

Advisor to the Prime Minister for Financial Affairs, Mazhar Mohammed Saleh, confirmed today, Sunday, that the principle of partnership between the state and the private sector will strengthen the digital bond in its best form, indicating that digital industrial licenses facilitate obtaining industrial investment licenses through electronic platforms, and he stressed that entering into electronic governance will provide a high level of disclosure and transparency and a high level of information for the flow of trademarks.

Saleh said, in an interview with the Iraqi News Agency, followed by "Al-Eqtisad News", that "the Iraqi government seeks, according to the government program, to transform the processes of registering trademarks through digital platforms that facilitate the registration and protection of their trademarks for merchants and industrialists according to high governance and speed, in addition to digital industrial licenses that lead to facilitating the obtaining of industrial investment licenses through electronic platforms."

He added, "Industrial analysis and data services are a mechanism for providing industrial data and statistics via digital systems to facilitate decision-making related to the industry, as well as digital training and consulting, development and capacity building, such as organizing training courses on digital transformation tools and participating in online consulting programs at the same time."

Saleh explained that "entering into e-governance will provide a high level of disclosure and transparency and a high level of information for the flow of important brands that are consistent with the development of industrial development activity in the country, and interaction with technology sources in the world reflected by brands of global companies that are important in technological development," noting that "this in turn leads to accelerating the encouragement of research and development projects to enhance national industrial innovation in a renewed digital industrial age for Iraq."

He stressed that "the principle of partnership between the state and the private sector will strengthen the digital bond in its best form," explaining that "the objectives of the private sector development strategy also aim to have its contribution to the gross domestic product reach approximately 53 percent within a decade instead of its current status of 37 percent through diversifying investment in fields with industry at the forefront to generate diverse national production, which will lead to accelerating the reduction of unemployment to one decimal place and making it at the natural limit and not exceeding 4 percent of the total workforce."

He pointed out that "the industrial cities that will be built on the development path will represent the highest types of industrial modernization by taking advantage of the digital platforms that are being built for this purpose to accelerate obtaining the relevant industrial and commercial licenses." link

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