Opportunity Or Risk? Parliamentary Oil Committee Explains The Impact Of Rising Oil Prices On The Iraqi Economy, 23 feb

 Opportunity Or Risk? Parliamentary Oil Committee Explains The Impact Of Rising Oil Prices On The Iraqi Economy

Time: 2025/02/22 12:13:01 Read: 1,410 times   {Economic: Al Furat News} Zainab Al-Moussawi, a member of the Parliamentary Oil Committee, confirmed today, Saturday, that the rise in oil prices represents a great opportunity for Iraq to achieve financial stability, but at the same time it poses economic challenges if it is not managed wisely.

Al-Moussawi told Al-Furat News Agency that “the increase in oil prices leads to an increase in public revenues, which prompts the government to increase spending on salaries, services, infrastructure, and investment projects, which may enhance economic growth. However, she warned that this increase in spending may also lead to inflation if it is not well controlled.”

She added, "The increase in oil revenues reduces the need to impose taxes or implement economic reforms that may be unpopular, which reduces pressure on the government to diversify sources of income."

She stressed that "making the most of this opportunity requires wise financial policies that focus on diversifying the economy, enhancing investments, and reducing dependence on oil as the sole source of revenue."   LINK

BRUCE HIGHLIGHTS, 23 FEB

 Thurs. 20 Feb. 2025 Bruce:

• Redemption Center Leaders were to receive an email tonight to tell them to go into work tomorrow morning or Sat morning 22 Feb.

• Bond Holders emails were to go out. Accounts have been hydrated.

• A security force at Sparks Reno Airport report they are getting 3 flights in and 3 flights out every hour. Shelves in hanger were filled with new US Note. The US Notes were being moved to where it needs to go. Redemption Centers received more new US Notes in addition to what they had a year and a half ago.

• You could get up to $3,000 in cash at your appointment.

• One source said we would get notified Saturday and begin appointments on Mon. 24 Feb.

• About 20% of what Musk’s DOGE is recouping is going to the American people is supposed to be $5,000 per month for 12 months for age 32 and older. 65 and older $7,500 a month for 12 months. It will go into your Social Security Bank account. This is different from the R&R and is not the SS increase. The first payment should come to our bank accounts over the weekend or early next week.

MNT GOAT: They have not yet even opened the 2025 budget, there still can be a rate change coming!!

 

Central Bank Sells Over $1 Billion In Auction Last Week, 23 feb

 Central Bank Sells Over $1 Billion In Auction Last Week

Time: 2025/02/22 13:24:24 Read: 1,020 times   {Economic: Al Furat News} The Central Bank of Iraq’s sales of hard currency in US dollars amounted to more than one billion dollars during the days in which it opened its auction last week.

During the past week, and during the 5 days in which the auction was open, it sold an amount of 1 billion, 456 million, 844 thousand, and 61 dollars, at a daily rate of 291 million, 368 thousand, and 812 dollars, which is a slight decrease from the previous week, when the sales rate was 293 million, 719 thousand, and 775 dollars.

He also pointed out that the highest dollar sales were on Monday, amounting to $298,486,800, while the lowest sales were on Tuesday, amounting to $286,030,709.

As for foreign remittance sales, they amounted to 1 billion, 383 million, 294 thousand and 61 dollars last week, compared to cash sales that amounted to 75 million, 550 thousand dollars.  LINK

The Tier 4 B Internet Group is officially active

 Crucial Announcement: The Tier 4 B Internet Group is officially active. …QFS on Telegram

• This is the beginning of a new era! The revolutionary ideas and the concept of NESARA are taking the final form of e*******n and implementation. It is our great honor to announce the launch of the Tier 4 B Internet Group.

• With the activation of the Quantum Financial System QFS the need of the specialized platform, administration and services were much needed. The utilization and the unification under the Tier 4B is making all of the systems flawless. If you want to secure your future and be among the smartest individuals you should most definitely join this group and stay informed about the updates. Let’s make our lives worthy and protect our financial freedom together.

• Sat. 22 Feb. 2025 Iraq will make the new Dinar Rate public as ordered by Trump and according to a high up source.

• Sun. 23 Feb. QFS set to become fully operational with intense military operations.

• Mon. 24 Feb. 2025 should be a go for Tier4b (Us, the Internet Group) according to a high up source.

• It was rumored that the Chinese Elders, who were backing the Global Currency Reset with their gold, had bought all the C***l’s Central Banks across the World. Those banks had long been bankrupt and running on fiat monies that their leader, US Inc, printed at their convenience. Those international Banks were now merging with the QFS and taking a different role – they would no longer have access to individual bank accounts. All banks were converting to XRP Ripple digital gold/asset-backed currency.

MM&C-Iraq Dinar News-Pressure Resume Oil Flow-Global-Radical Reform-Sala...

Mazhar Saleh: Iraqi Banking Reform Needs To Enhance Transparency And Governance, 23 feb

 Mazhar Saleh: Iraqi Banking Reform Needs To Enhance Transparency And Governance 

Time: 2025/02/22 11:47:07 Read: 1,290 times  {Economic: Al Furat News} The Prime Minister's Advisor for Economic Affairs, Mazhar Muhammad Salih, confirmed today, Saturday, that banking reform in Iraq requires enhancing transparency and governance in the banking sector.

Saleh said in a statement to {Al Furat News} agency, "The operations carried out by banks operating in Iraq depend largely on the confidence of international correspondent banks in the local banking sector, which necessitates the need to provide great protection for Iraqi banks."

He pointed out that "the reform process must ensure that Iraqi banks are provided with the best transparency and governance tools, in addition to adopting the necessary applications to confront various risks and comply with international banking rules."

He added, "These measures are what everyone is looking forward to in the near future, to achieve stability and growth of the Iraqi banking sector and integrate it effectively into the international banking market."   LINK