TIDBIT FROM FNU LNU, 9 FEB

 Fnu Lnu   

Just a reminder...THERE IS NO CONTRACT RATE THAT WILL BE OFFERED TO YOU!  If you have a contract from October 2011, then you will get a contract rate but it WILL NOT come through a bank or off premises remote bank office. 

It will come through other routes and it will be paid in advance of the RV because to do so at the time of or after the RV is AGAINST THE LAW!

MARKZ: THEY ARE TESTING THE DINAR ON FOREX! @DINARREVALUATION #iraqidinarinvestor

 

Al-Sudani Affirms Support for Strengthening and Enhancing Internal Audit as Part of the Anti-Corruption Strategy, 9 FEB

 Al-Sudani Affirms Support for Strengthening and Enhancing Internal Audit as Part of the Anti-Corruption Strategy

Prime Minister Mohammed S. Al-Sudani sponsored today the Internal Audit Conference organized by the Federal Board of Supreme Audit under the theme: “Internal Audit is the First Line of Defense Against Corruption and a Pillar of Transparency.”
 
The media office of the prime minister stated in a statement, received by The Iraqi News Agency-INA“ In his speech, Prime Minister Al-Sudani emphasized that the conference seeks to strengthen internal audit mechanisms and reinforce transparency. This aligns with the government program’s primary objective of combating corruption, a fundamental measure for restoring public trust in governance and the political system as a whole. He highlighted the critical role of internal audit as a corrective mechanism that ensures institutional integrity and prevents the misuse of public funds, clarifying that internal audit should not be viewed as bureaucratic obstruction but as a transparent and ethical process that upholds the spirit and objectives of the law before implementing its technical provisions”.
 
The statement added,” Prime Minister Al-Sudani reaffirmed that the statement issued by the Supreme Religious Authority in November of the previous year underscored the government’s unwavering commitment to prioritizing anti-corruption efforts. He emphasized that deviating from this path would impact the fulfillment of other obligations, including combating unemployment, creating job opportunities, advancing economic reforms, and improving public services”.
 
Key Highlights from Prime Minister Al-Sudani’s Speech at the Conference:
 
Internal audit is the first line of defense against corruption, safeguarding government institutions and ensuring their integrity.
 
A total of 12 trillion Iraqi dinars was allocated for service projects across ministries and provinces in 2024.
 
The achievements of the past two years have given citizens hope, strengthened their trust in the state, and fostered optimism that the country is on the right path.
 
Corruption has become like a mutating virus, adapting itself to the measures taken by audit authorities.
 
The government has implemented decisive anti-corruption measures with full transparency, legal clarity, and adherence to the rule of law.
 
Supporting and enhancing internal audit has been placed at the core of the government’s anti-corruption strategy.
 
Internal audit departments have been elevated to the level of general directorates to strengthen their role in combating corruption.
 
Legislative efforts are underway to establish a legal framework for internal audit directorates, under Article 108 of the Constitution, ensuring their operational independence.
 
The government has supported the recommendations from the First Anti-Corruption Conference, particularly those focused on enhancing internal audit departments with human resources and specialized expertise.
 
Regular performance evaluations of senior officials are essential to ensure the effectiveness and efficiency of government institutions and to prevent corruption.
 
We have directed authorities to expedite the resolution of reports, complaints, and criminal cases within the legally prescribed timeframes.
Emphasis has been placed on prioritizing high-profile corruption cases, including those involving significant amounts of public funds and senior government officials, to ensure legal accountability.
 
Strengthening trust in accountability measures is essential to establishing public confidence in the justice system and ensuring effective deterrence.
 
The government is committed to fostering a societal culture of integrity, ensuring that corruption is isolated and rejected within communities.
 
Every effort that has uncovered even minor details of corruption has led to the recovery of significant sums of stolen public funds.
 
The extradition of fugitives and the recovery of stolen assets have become key priorities in Iraq’s international engagements.

REINALDO JC: IRAQ UPDATE, 9 FEB

REINALDO JC

 IRAQ

Damn I’m sitting back smiling giggling enjoying all this winning/DOGE exposing all of the corrupt traitors & EVERYTHING in this country & around the world, reading Kanye West

@kanyewest

interesting X posts, reading Flynn being named in the USAID list? 

Can’t be true…Anyways & going through my cigar box seeing which to choose from…& about to be lit up after this Dinar Reinstatement!!! The entire month of March is Ramadan & I don’t know if they’ll get any work done during their Holy month in the Middle East. (yall know they move slower than a turtle in iraq). **Remember Iraq internal financial 2025 fiscal budget year begins April 1st. Something will be happening beforehand & seems like March is booked up for Ramadan (just thinking out loud). *{focus on the budget schedules} the Iraq Gov’t cannot release schedules before 1st-Dinar RATE being CHANGED!!! Please expect more mis/disinformation coming, because we’re inches away from scoring our touchdown, dancing to the banks & our entire lives world changing!!! LFG……

FIREFLY: A delegation from the CBI will go to the USA in early April!, @DINARREVALUATION #iraqidinar

 

Al-Sudani Asks The Trump Administration To Continue Granting Iraq An Exemption From Importing Iranian Gas, 9 FEB

 Al-Sudani Asks The Trump Administration To Continue Granting Iraq An Exemption From Importing Iranian Gas

Energy   Economy News – Baghdad  Prime Minister Mohammed Shia al-Sudani called on Friday on the administration of US President Donald Trump to continue exempting Iraq from importing Iranian gas after the decision to cancel it.

US President Donald Trump recently cancelled the exemption granted to Iraq to import electricity and gas from Iran, as part of the new package of sanctions on Iran.

Al-Sudani said in an interview with Asharq Al-Awsat, "The previous (US) administration gave us an exemption from these sanctions," adding that "our government did not just request an exemption, but we also took the initiative to invest in the associated gas."

He added, "Iraq has a clear vision. In 2028, gas imports will end, and there will be clear energy independence," stressing that "in the end, we need this exception to continue throughout this period."

Al-Sudani also pointed out that Iraq has begun "the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers."

He continued by saying, "The connection with Jordan has been implemented and currently western Iraq is being supplied with energy. It is hoped that during this year the connection with Kuwait and the Gulf group will be completed. We have also started contracting for the connection between Iraq and Saudi Arabia. The connection with Turkey has also been implemented and we have started receiving energy and as a result from the European Union."

The Prime Minister continued, "The Iraqi government has found solutions, and we certainly expect our friends in the United States to understand the government's plans so that they will allow us to continue to use Iranian gas until our projects are completed, in which any imported gas will be dispensed with."

For many years, Iraq has relied on importing electricity and gas from Iran, especially during the peak of summer, and thus relies on the ongoing American exemptions, which are issued more than once each year.

Recently, Iraq has moved to import gas from Turkmenistan, and it will also pass through Iranian pipelines, but it has not yet been implemented due to logistical and financial problems.

https://economy-news.net/content.php?id=52592

EXCERPTS FROM MARKZ, 9 FEB

 EXCERPTS FROM MARKZ

MZ: More than one person told me that for a short time on the forex they saw the dinar at around one US dollar . I think this may be a little more testing….they have not opened it up for exchange yet….. Don’t panic…I don’t think this is the rate …but if it is I will take it and be happy. (Mark shows a picture of Forex rates) So this puts one IQD just under one US dollar . 

MZ: I do find it interesting that a number of regular, traditional , normal bank employees have to work on this weekend…Some have nothing to do with redemption. But there are also some redemption center/wealth management folks working this weekend for the second weekend in a row. They will not tell me what they are doing during these weekends. They are not allowed to. So I take that as a positive sign. 

MZ: Some bond contacts believe they may be getting paid on Monday. Most of what I heard is to watch the 10th through the 12th. Monday is the 10th…so perhaps?