Mr. Al-Hakim Calls For Encouraging Citizens To Deposit Their Money In Iraqi Banks.

 Mr. Al-Hakim Calls For Encouraging Citizens To Deposit Their Money In Iraqi Banks.

 The head of the National State Forces Alliance, Mr. Ammar al-Hakim, called for encouraging citizens to deposit their money in Iraqi banks.

A statement from his office, a copy of which was received by {Euphrates News}, stated that Mr. Al-Hakim received “this morning a number of Iraqi businessmen, headed by the head of the Iraqi Banks Association, Wadih Al-Handhal, and listened to their vision on reforming the banking sector in Iraq to keep pace with the state of urban and developmental progress in the country, and in all governorates.”

During the meeting, Mr. Al-Hakim stressed "the importance of keeping pace with global developments in this vital sector and linking the Iraqi banking system to the global banking system."

He called for "working to expand financial inclusion in banks, encouraging citizens to deposit their money in Iraqi banks, and turning this into a societal culture."

He pointed out the importance of granting loans to youth and the housing sector, as the latter stimulates many other productive sectors and provides job opportunities. LINK

MNT GOAT: THE BANKING REFORMS CONTRIBUTE TO ACCELERATE THE WTO IRAQ'S ACCESSION

MNT GOAT

"AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK'S APPROACH TO BANKING REFORM AND DEVELOPMENT

WORLD CONTRIBUTES TO ACCELERATING WTO TRADE

IRAQ'S ACCESSION TO THE WORLD ORGANIZATION

TRADE ORGANIZATION.

 "The World Trade Organization, Samir Al-Nusairi, Economic and Banking Advisor, emphasized the role of the banking sector in contributing to accelerating Iraq's accession to the organization and the important role of the financial and banking sector in it. - Iraq currently holds observer status along

with 21 other countries, out of 166 countries with full membership" "President of the Republic, Abdul Latif Jamal Rashid, stressed, on Sunday, that Iraq possesses enormous and diverse wealth that must be invested in supporting its economy in the best possible

way"

 Today we learn what has been holding up Iraq's full accession to the WTO. Yes, it's all about the financial and banking reforms again. Are they now getting ready to announce it?

Their words not mine....

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

AWAKE IN 3D: A global financial reset is being set up right before our eyes!!

 AWAKE IN 3D

The point of all this is folks, gold is going to change in value, by a massive amount, in the upcoming global financial reset.

That means that Fiat currencies are going to become partially gold backed, and the currencies will be revalued against gold.

All of this gold volatility is significant evidence of what’s coming.

A global financial reset is being set up right before our eyes.

Remember, currencies can be reset at any value versus gold. 

And that means that gold can be set at $10,000, $20,000, or even $50,000 per ounce in US dollar terms. 

Gold is stable and the purchasing power of national currencies can be set at whatever price per ounce or gram of gold that a country wants it to be.

The question is, what would make the most efficient and effective economic sense?

ARIEL: "People who hold IQD should be ready to get things moving in whatever manner suits you best"

 

Central Bank: Committed to building a more inclusive and fair digital financial system

Central Bank: Committed to building a more inclusive and fair digital financial system

Economy News – Baghdad

The Central Bank of Iraq stressed on Wednesday the importance of the role of the media in supporting financial inclusion and spreading financial culture, while pointing to its commitment to building a more inclusive and just digital financial system.

The assistant head of the financial affairs department at the bank, Virgin Taha Mohammed, said in a speech during the ninth (third international) scientific conference of the College of Media at the Iraqi University, under the slogan: “Artificial intelligence in the media: prospects for innovation and challenges of cultural dialogue”, that “this conference reflects the bank’s vision to promote financial inclusion and implement government directives towards the use of electronic means of payment, and the role of the media in spreading financial culture.”

She added that “financial inclusion has become one of the pillars of economic and social development, it not only means the access of individuals to banking services, but also includes enabling them to make smart financial decisions that contribute to improving their lives and supporting the stability of society as a whole,” stressing that “the vital role of the media is not limited to awareness, but extends to building a well-established financial culture that enhances trust between the citizen and financial institutions.”

She explained that “the government’s orientation towards promoting the use of electronic payment methods has become an urgent necessity imposed by the developments of the times, which requires all parties, whether they are academics, journalists or institutions, to join join to guide society.”

She stressed that “media colleges play a pivotal role in preparing media cadres capable of delivering financial messages in innovative and highly credible ways, to bring economic concepts closer to all segments of society, especially marginalized groups or those that were outside the traditional financial system.”

She stressed that “the Central Bank of Iraq is committed to active participation in building a more inclusive and fair digital financial system, and opens the doors of cooperation with universities, researchers and all concerned authorities to achieve this goal, through: organizing workshops and seminars within universities to introduce students to the concepts of electronic payment and their importance, and providing technical and knowledge support for university research that deals with digital transformation and digital finance, while encouraging financial innovation among students by urging the financial sector to provide financial products and services customized to the student segment, and provide easy digital solutions, as well as involving students in awareness campaigns as active contributors to spreading a responsible financial culture in society.”

She concluded by saying: “This integration between the Central Bank and universities not only aims to increase the use of electronic payment tools, but also aims to create a conscious generation financially and technically, and is capable of leading the national economy towards further progress and modernity,” stressing that “investing in financial awareness within universities is an investment in the future of Iraq, which is the best way to achieve real and sustainable digital financial inclusion.”

https://economy-news.net/content.php?id=54761

Walkingstick : We have entered a window of two weeks to two months!!

 Walkingstick

   We have entered a window of two weeks to two months.  A window of opportunity for this to go

Walkingstick 

 I don't think it's going to take very  long [to collect the three zero notes after a rate change], within a matter of days, weeks, these three zero notes will be collected...

Inside of Iraq, those banks are run under the CBI banking laws.  This bank that [Iraqi bank friend in Michigan] Aki is at has a purpose.  But it has no lower denomination notes. 

 Why? 

 Because they follow American banking laws.  When a Middle Easterner or anybody takes a dinar into Aki's bank, they will be converted physically or electronically into American dollars.  This bank servers a purpose.  

 Why would these banks, like Aki's, be there if there was no rate change coming? 

 It's all about the money.  Aki is a businessman.  Here's there to make money with his boss.  They're going to do very well especially that there are 100's of these centers around the world...

I would say Aki's bank is for the exchange of the three zero notes or Aki's bank would not even exist because there would be no reason for them to exist.

https://dinarevaluation.blogspot.com/2025/04/tidbits-from-walkingstick-16-april.html

REDEMPTION 2020: GLOBAL CURRENCY RESET: THE FINAL COUNTDOWN ‪@DINARREVALUATION‬ #iraqidinarinvestor