Tuesday, March 11, 2025
ZOOM IRAQ NEWS : Baghdad now demands public employees’ bank account details to release February salaries to Kurdistan Region, 12 MARCH
ZOOM IRAQ NEWS
Baghdad now demands public employees’ bank account details to release February salaries to Kurdistan Region civil servants — a condition the KRG rejects,
Iraqi-Kurdish lawmaker Soran Omar told Zoom News. He added that Baghdad rejects the share of non-oil revenues sent by the KRG, demanding a larger amount,
and noted that political dynamics are also influencing the salary issue.
TIDBIT FROM FRANK26, 12 MARCH
Frank26
It was last month that Sudani said right around the middle of February that at the end of February we will bring the budget tables...Then towards the end of last month he says I'm going to do it at the beginning of March...On the 3rd of March he comes out and he says I'm going to do this at the middle of March...
Here we are headed towards the middle of March in about another week and he just made an announcement...he says I'm going to expose the budget tables at the end of March...
We went from the end of February to the beginning of March, to the middle of March...What is April 1st?
End of quarter. What did Dr. Shabibi want when he wanted to release the new exchange rate? The beginning or end of a year or the beginning of a quarter...
Mechanism for publishing data on buying and selling foreign currencies, 11 march
Mechanism for publishing data on buying and selling foreign currencies
The Central Bank of Iraq explains the mechanism for publishing data on the sale and purchase of foreign currencies from the daily bulletin to the monthly report, which will include:
- Total enhancement of bank balances abroad.
- Settlements of electronic payments abroad.
- Cash sales.
The bank confirms that this decision came in conjunction with the transition from the electronic platform mechanisms to the mechanisms for enhancing the balances of authorized Iraqi banks with correspondent banks, and that the process of enhancing banks does not reflect the daily sales of bank customers until the operations are actually realized.
It draws attention to the Central Bank of Iraq's possession of sufficient foreign reserves to meet all official requests for foreign currency, which enhances confidence in the national currency.
Noting that the report scheduled to be published next month will include details of external transfer operations
in terms of (amounts, the most prominent imported goods and materials, the most prominent countries from which they were imported.
Central Bank of Iraq
March 5, 2025 link
WALKINGSTICK : " MY boss told me you're going to be very busy very soon!!, 11 MARCH
Walkingstick
Aki says...due to what the GOI and CBI are instructing us, I am moving my family to the city where the bank is where me and my boss work.
The reason why is due to the fact that my boss told me you're going to be very busy very soon.
[Aki] is bringing his family from the state that he lives in, he's bringing them down south [of that state] to be closer to this bank that he's in charge of...
Aki must have a very good idea of this true time frame because he's moving his family to the bank's location.
This target date has to be IMO within arms reach...
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