Monday, February 17, 2025
After Meeting With The US Federal Reserve, The Central Bank Denies That Iraqi Banks Are Subject To Sanctions , 18 FEB
After Meeting With The US Federal Reserve, The Central Bank Denies That Iraqi Banks Are Subject To Sanctions
Economy |- 02/16/2025 Baghdad - Mawazine: The Central Bank of Iraq denied the existence of international sanctions on some Iraqi banks, after media outlets circulated news about sanctions that included dozens of banks in the country.
The Central Bank stated in a statement received by "Mawazine", a copy of it, that "it announced the end of the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve Bank,
which were held in Dubai / United Arab Emirates with the participation of international auditing and consulting firms (EY, K2 Integrity, Oliver Wyman), and the meetings culminated in praise for the steps taken by the Central Bank of Iraq and the Iraqi government in reforming the banking sector,
the most important of which were: the development of the cash distribution system for the US dollar in Iraq, which they considered the most controlled and controlled system in the world, which limits manipulation and smuggling of the US dollar,
in addition to the qualitative shift in foreign transfer operations and the steps taken by the Central Bank of Iraq to address the risks resulting from these operations, which have now risen to the levels of transfer operations carried out by international banks.
The statement confirmed that the consulting firms (EY and Oliver Wyman) reviewed the plans to reform the government and private banking sector and upgrade them in line with international standards and to facilitate the involvement of Iraqi banks in the network of financial relations internationally."
The statement added: "Since the operations carried out by banks operating in Iraq depend largely on the confidence of international correspondent banks in the Iraqi banking sector, we stress the need to ensure that the official channels of this bank are adopted to know the latest news and not to transmit incorrect news such as some Iraqi banks being subject to international sanctions and others." https://www.mawazin.net/Details.aspx?jimare=259609
JUDY NOTES, 18 FEB
JUDY NOTES
Possible Timing:
- On Thurs. 30 Jan. 2025 the privately owned Fed and IRS officially dropped d**d – when the US Treasury withdrew from the C***l’s Bankrupt Central Banks across the World. President Trump has said he will replace the IRS with the ERS (External Revenue Service) where taxation on goods will replace taxation on The People and their income.
- Since Friday 3 Feb. 2023 all Basel 4 Compliant banks have gone public with the new Gold / Commodity-backed currency International Rates as required by the GESARA Law. This is the Re-evaluation of all the global currencies (meaning the global currency reset).
- Tues. 11 Feb. 2025 Official Notification: Leaders in the Global Currency Reset received signal payments authorized by the Quantum Network
- This week the Quantum Financial System was said to be fully operational for completion of that Global Currency Reset.
- The use of the FIAT US Dollar will be used for up to 90 days Feb. / March / April parallel with the new United States Note (USN), they may cut it off of by April 30th or soon thereafter. …Bruce
Rashid Bank launches the sale of national bonds and calls on citizens to invest, 17 FEB
Rashid Bank launches the sale of national bonds and calls on citizens to invest
2/16/2025
Rashid Bank announced that it has directed its branches across the country to begin selling national bonds (first issue), which comes within the plans to enhance local investment.
The bonds include two different categories, according to a statement by the bank, a copy of which was received by {Al Furat News}, two categories: “The first, a bond worth 500 thousand dinars with an annual interest of 6% paid every six months for two years, at a rate of 3% every six months, and the other category, a bond worth one million dinars with an annual interest of 7.5% paid every six months for four years, at a rate of 3.75% every six months.
The bank called on all those wishing to purchase to visit its branches in various governorates. LINK
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