A Government Plan To Improve The Performance Of The Banking Sector, 21 NOV

 A Government Plan To Improve The Performance Of The Banking Sector

 Baghdad: Haider Al-Jaber   The government attaches great importance to reforming the government banking sector, which dominates about 85 percent of investments in this vital sector.

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, explained to “Al-Sabah” that “there are priorities in the pace of economic reform that the government program brought in spirit and letter, as  reforming the government banking sector and returning it to work on the basis of efficiency and high competitiveness is the main goal of the financial reform that it seeks.”

The government reached it within the scope of a broad program of economic and institutional reform and building a modern banking market in accordance with the requirements of the Constitution.  Saleh added,

 “The government banking sector dominates more than 85 percent of the sector’s total investments, but

at the same time it suffers from a heavy legacy as a result of its faltering for more than four decades of instability in the face of the progress that has afflicted banking in the world,” noting that “this matter

 “It necessitated that the financial and banking sector take priority in the basic reform package.”  The government's financial advisor added,

"The development plans required to be submitted by government banks will reflect the banks' capabilities for reform and the corrective decisions required to be taken to proceed with the major banking reform process to achieve the goal of reform."

Banking reform plans face difficult obstacles, difficult for several reasons, as they lack a number of foundations that push the process forward.

Banking expert Mahmoud Dagher said in an interview with “Al-Sabah”:

“Reforming government banks is one of the most difficult tasks due to their functional slackness and incomplete data, as well as problems in their budgets with accumulations dating back a long time,” indicating that “these banks are prohibited from international dealings.”

“There are sanctions on some procedures that took place before 2003, in addition to the difficulty of establishing a technological banking system that enables it to develop.”  Dagher continued,

"Since 2018, Rafidain Bank has not been able to install the technological banking system," stressing that "there is difficulty in reforming government banks if there is no change in ownership, improving the performance of employees, and establishing the banking system."  Dagher concluded,

 “Banks are a modern banking system through which all branches are able to communicate and exchange information and restrictions with the center.”   https://alsabaah.iq/87563-.html

Coffee with MarkZ. 11/21/2023

The Iraqi Central Bank warns against the misuse of electronic payment cards outside the country, 21 NOV

 The Iraqi Central Bank warns against the misuse of electronic payment cards outside the country, 21 NOV

The Iraqi Central Bank warns against the misuse of electronic payment cards outside the countryShafaq News/ The Central Bank of Iraq warned that some people might misuse the electronic payment cards it provides to meet the legitimate natural needs of citizens.

The bank stressed, in a statement received by Shafaq News Agency, its commitment to implementing strict measures to limit this phenomenon and protect the financial system and ward off risks from it, indicating that it will include the names of bank card holders whose misuse or smuggling is caught on blacklists and take legal measures against these. Category.

The bank noted that they will be deprived of issuing other cards and all financial products, and that all necessary measures will be taken against violators, based on the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 and the instructions and controls issued pursuant thereto.

shafaq.com

Evening News with MarkZ. 11/20/2023

JUDY NOTES, 21 NOV

 Judy Note: Our World is changing this week: Shocking Intel, SGAnon, Charlie Ward: https://beforeitsnews.com/prophecy/2023/11/new-sg-anon-sits-down-w-charlie-ward-drew-demi-november-shocking-intel-2547047.html

• Banks Across the World Were Failing This Week
• The US Dollar Was Failing This Week.
• The World Financial Markets Were Erupting This Week.
• Global Currency Reset This Week
• Activation of the EBS This Week

If you were reading this Update on, or from Operation Disclosure Official, be aware that the information has been redacted. For a complete un-redacted version, see a PDF copy at the end of the Update on Operation Disclosure Official, or read an un-redacted version on the Rumor Mill Website.

Possible Timeline of Global Currency Reset, Restored Republic:

• Fri. 17 Nov. midnight  Green Light turned on for Global Currency Reset.
• Sun. 19 Nov. The Global Currency Reset and Global Financial System ISO20022 went live at 3pm EST.
• As of Mon. 20 Nov. because of the Global Currency Reset, US Government Bonds were now worthless, the Federal Reserve literally had no monies and any bank not ISO20022 compliant was out of business.
• Tues, Wed 21 Nov, Wed. 22 Nov. Begin Project Odin: Starlink EBS, X, New Financial System, 10 Day Movie.
• Wed. 22 Nov. new Currency Rates effective. EBS Active: EBS November 22nd! | Alternative | Before It’s News (beforeitsnews.com)
• Fri. 1 Dec. End of Currency Exchanges, Zim Redemption at Redemption Centers.
• On Mon. 1 Jan. all gold/asset-backed currencies across the Globe would be on par 1:1 with each other; in the US Social Security benefits will be much higher and the SS R&R payments would start on a monthly basis.
• In three to six months the Rodriguez Trust will begin to administer “universal basic income” for citizens of all GESARA-compliant countries. The amount per individual or family will depend on the status, needs, employment level and age of the person/family and will work to encourage people to work if they can.

Global Currency Reset:

• Mon. 20 Nov. TNT: The Three Letter Agencies got the green light, but don’t know when the RV is going to go. The banks were told it will still happen before the end of the month.
• Mon. 20 Nov. MarkZ: “Citigroup begins layoffs as Wall Street braces for rough end of 2023. IMF releases digital currency handbook for world’s Central Banks which was talking about Blockchain and asset backed currency – that move the world away from depending on the US dollar. They have a handbook for countries to create their own sovereign digital currency. This is the IMF throwing the US under the bus…showing the world how they can de-dollarize…..….this piece is huge. The financial markets around the world should be erupting. Right now. Forbes: “The US dollar collapse “acceleration “ 33.7.Trillion shock Fed inflation warning and makes the “bullish” case for Bitcoin, Ethereum, XRP and Crypto price surge”  These are alternatives to the US dollar……..Right out loud they say the dollar is collapsing and its accelerating. Russia and China de-dollarization is almost complete. About 95% of trades is now settled in their national currencies. Egypt and  India abandon the dollar completely. Sri-Lanka central bank to move to a floating rate and foreign reserve collection report. This means they are un-pegging…They are ready for the markets to decide their value. Member:  Argentina just eliminated income tax.
• Sun. 19 Nov. CaptainMarvelJunior on Telegram: Got intel today. “Everything Everywhere all at Once” Although NO DATE was given, but it is believed to be within a window of 72 hours to 96 hours.
• Sat. 18 Nov. Texas Snake: I was included on an international call from several countries all over the world including US cities of NYC, Reno, Miami, plus Zurich, Hong Kong, and Iraq. All the money reorganization to be introduced to the citizens this weekand the CBI wanted this nation to announce our new currency in conjunction with them but if not then the CBI and Iraq would RV on their own. Announcement dates are Tuesday 21 Nov. with effective date to be Wed. 22 Nov. of this coming week.  Per several on the call all requirements such as FOREX have been satisfied. Remember I am just a messenger, but they sounded very confident of this info.
• Mon. 20 Nov. Gold as the Ultimate Safe Haven: Dutch Central Bank Admits It Has Prepared for a New Gold Standard – American Media Group (amg-news.com)
• Mon. 20 Nov. Mastering the Quantum Financial System: Your Ultimate Guide to Transferring Funds and Opening a QFS Account – American Media Group (amg-news.com)
• https://dinarchronicles.com/2023/11/21/restored-republic-via-a-gcr-update-as-of-november-21-2023/

Sudanese Advisor: The government will carry out comprehensive banking reforms, 21 nov

Sudanese Advisor: The government will carry out comprehensive banking reforms

Sudanese Advisor - The government will carry out comprehensive banking reformsInformation/Baghdad..

Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Saleh, confirmed that the government is paying great attention to reforming the government banking sector, which dominates about 85 percent of the investments in this vital sector.

Saleh said, in a statement to “Al-Sabah” newspaper, which was reviewed by “Information” that “there are priorities in the pace of economic reform that the government program brought in spirit and letter, as reforming the government banking sector and returning it to work on the basis of efficiency and high competitiveness is the main goal of financial reform that The government seeks this within the framework of a broad program of economic and institutional reform and building a modern banking market in accordance with the requirements of the Constitution.”

Saleh added, “The government banking sector dominates more than 85 percent of the sector’s total investments, but at the same time it suffers from a heavy legacy as a result of its faltering for more than four decades of instability in the face of the progress that has afflicted banking in the world,” noting that “this matter “It necessitated that the financial and banking sector take priority in the basic reform package.”

The government’s financial advisor added, “The development plans required to be submitted by government banks will reflect the banks’ capabilities for reform and the corrective decisions required to be taken to proceed with the major banking reform process to achieve the goal of reform.”

Banking reform plans face difficult pitfalls, difficult for several reasons, as they lack a number of foundations that push the process forward.

almaalomah.me 

Iraqi PM Rejects Resignation of Key Ministers: A Political Chess Game, 21 nov

 Iraqi PM Rejects Resignation of Key Ministers: A Political Chess Game

Three ministers from the Taqadum party, led by Mohammed al-Halbousi, a prominent Iraqi politician, have tendered their resignations. However, Iraqi Prime Minister Mohammed Shia Al Sudani has rejected the resignations, marking a significant development in Iraq’s political landscape. The ministers in question, Deputy Prime Minister and Minister of Planning Mohammed Tamim, Minister of Industry and Minerals Kahlid Battal Najam, and Minister of Culture Ahmed Al Badrani, hold key positions within the government.

Resignations Over Court Decision

The trio’s resignations followed the Supreme Federal Court’s decision last week to dismiss Parliamentary Speaker Mohammed Al Halbousi over forgery charges. Al Halbousi has been embroiled in a legal battle with Sunni legislator Laith Al Dulaimi, who accused him of forging his signature on a resignation letter. The court also removed Al Dulaimi as an MP, prompting the ministers linked to Al Halbousi’s Taqadum party to tender their resignations.

Government’s Stand

Al Sudani rejected the ministers’ resignations to “underline the government’s commitment to ensuring political representation for all components of the people”. Al Sudani’s statement indicated that all three “will immediately resume their duties”. This refusal could be seen as an attempt to maintain governmental stability or a negotiation tactic within the political framework of Iraq.

Reaction and Implications

In response to Al Halbousi’s dismissal, Taqadum announced that its ministers of planning, industry, and culture would resign, while its MPs on parliamentary committees would sit out of parliamentary sessions and boycott political meetings with other parties. This could have important implications for the political stability in Iraq. Al Halbousi challenged his dismissal, arguing that the Federal Court’s jurisdiction does not extend to the validity of parliamentary membership. However, the largest Shiite parliamentary bloc and prominent Sunni parties have backed the court’s decision, adding further complexity to the situation. The refusal to accept these resignations and the potential impact on the government’s stability are central to the unfolding story.

https://bnn.network/politics/iraqi-pm-rejects-resignation-of-key-ministers-a-political-chess-game/