Sunday, December 1, 2024
Government Advisor: Financial inclusion to increase from 20% to 48%, 1 dec
Government Advisor: Financial inclusion to increase from 20% to 48%
The Prime Minister's Advisor for Financial and Economic Affairs, Mazhar Muhammad Salih, confirmed that financial inclusion in Iraq, represented by bank accounts, has increased to 14 million, with 20 million users.
He pointed out in a press statement that “Iraq is witnessing a boom in adopting e-governance as a basis for integrity and financial efficiency.”
He explained that "national indicators confirm that financial inclusion in Iraq has increased from 20% to 48% at present compared to previous years."
He added, "The basis of financial inclusion is the number of personal bank accounts, as inclusion aims to enable individuals and companies to access financial services appropriate to their needs in an easy and reasonable manner, while ensuring legal protection and transparency
TRUMP: "The money of Iraqi officials in American banks will become the share of the American people*, 1 DEC
MAJEED
WOOOOOOOOOOOOOOOOOOOW
I got this from a friend of mine in USA
Urgent Urgent*
*Trump: The money of Iraqi officials in American banks will become the share of the American people*.
US President Donald Trump stated hours ago that the money of Iraqi politicians deposited in American banks belongs to the American people and is the tax on the blood of American soldiers who were exhausted in Iraq. The names of the thieves as published on the US Treasury website: Nouri al-Maliki $66 billion Adnan al-Asadi $25 billion Saleh al-Mutlaq $28 billion Baqir al-Zubaidi $30 billion Baha al-Araji $37 billion Mohammed al-Daraji $19 billion Hoshar Zebari $21 billion Masoud Barzani $59 billion Salim al-Jabouri $15 billion Saadoun al-Dulaimi $18 billion Farouk al-Araji $16 billion Adel Abdul Mahdi $31 billion Osama al-Nujaifi $28 billion Haider al-Abadi $17 billion Mohammed al-Karbouli $20 billion Ahmed Nouri al-Maliki $14 billion Tariq Najm $7 billion Ali al-Alaq $19 billion Ali al-Yassari $12 billion Hassan al-Anbari $7 billion Iyad Allawi $44 billion Jalal Talabani $35 billion Rafi al-Issawi $29 billion Dollars Total $597 billion
Major General Rasool: Military operations against ISIS gangs are ongoing and we have achieved positive results, 1 dec
Baghdad-INA
The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, confirmed today, Sunday, that military operations against ISIS gangs are ongoing, while pointing out the arrest of prominent leaders within those gangs.
Rasool told the Iraqi News Agency (INA): "The military operations against ISIS terrorist gangs are ongoing in accordance with the directives of the Commander-in-Chief of the Armed Forces, with an emphasis on pursuing the remnants of the organization accurately and continuously."
He added that "intelligence efforts play a pivotal role in these operations," praising "the prominent role of the Military Intelligence Directorate in implementing the tasks of continuous monitoring and accurate planning."
He pointed out that "the operations being carried out include the areas of the Balkana and Hamrin Mountains and the depth of the desert," indicating that "these operations are carried out in full coordination between the Joint Operations Command and the security and intelligence services, in addition to the air support provided by the Air Force and Army Aviation."
He pointed out that "a number of prominent terrorist gang leaders were eliminated, including the so-called "Wali of Iraq" and a number of his assistants, in addition to achieving positive results recently through a precise air strike in Hamrin Hills areas."
MILITIAMAN CC HIGHLIGHTS NOTES, 1 DEC
MILITIAMAN CC HIGHLIGHTS NOTES
Summary
Iraq is advancing its electronic payment systems, increasing foreign investments to $62 billion, and finalizing agreements on oil and gas laws, enhancing non-oil revenues.
Highlights
- 💳 Iraq’s Central Bank promotes electronic payments for financial inclusion.
- 📈 Foreign investments in Iraq have reached $62 billion over three years.
- 🛢️ Agreements on oil and gas laws pave the way for better revenue sharing.
- 📅 Kurdistan region’s salary payments are set to improve with new budget approvals.
- 🚧 Major infrastructure projects, including housing and tourism, are underway.
- 🌍 Iraq is enhancing international partnerships, notably with Spain.
- 🔒 Rapid D Bank suspends credit activities, signaling potential financial changes.
Key Insights
- 💡 Financial Inclusion: Iraq’s shift towards electronic payments signifies a critical move towards modernizing its economy and reducing cash dependency, enhancing transparency.
- 🌱 Investment Growth: The increase in foreign investments showcases Iraq’s potential as a safe investment destination, driven by sovereign guarantees and international cooperation.
- ⚖️ Oil and Gas Law: Finalizing agreements on oil extraction costs is essential for revenue stability and could lead to better fiscal management in the region.
- 📊 Budget Amendments: The approval of budget amendments is crucial for timely salary payments in the Kurdistan region, reflecting improved governance and fiscal responsibility.
- 🏗️ Infrastructure Development: The focus on housing and tourism indicates a strategic effort to diversify the economy beyond oil, fostering long-term sustainability.
- 🤝 International Partnerships: Strengthening ties with countries like Spain highlights Iraq’s commitment to enhancing trade and investment opportunities on a global scale.
- 🔍 Banking Changes: Rapid D Bank’s suspension of credit activities may indicate upcoming regulatory changes or preparations for new financial initiatives, warranting close observation.
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