Monday, March 24, 2025
PM Barzani Urges Closer KRG-Iraq Ties in Meeting with World Bank, 24 MARCH
PM Barzani Urges Closer KRG-Iraq Ties in Meeting with World Bank
The discussion between PM Barzani and World Bank Regional Director Jean-Christophe Carret underscored the need for closer cooperation with Baghdad on economic reforms, institutional development, and improved public services.
In a diplomatic engagement aimed at strengthening economic cooperation and accelerating public sector reforms, Kurdistan Region’s Prime Minister Masrour Barzani received a delegation from the World Bank on Sunday.
The delegation was led by Jean-Christophe Carret, the World Bank’s Regional Director for the Middle East.
According to a statement from the KRG, the meeting underscored the importance of deepening collaboration between the Kurdistan Region, the federal government of Iraq, and the World Bank, particularly in areas tied to economic modernization, institutional reform, and improvements in public service delivery.
The visit by the World Bank delegation signals renewed international interest in supporting the KRG’s efforts to modernize its economy and governance structures, particularly at a time when regional and global economic pressures demand more effective and transparent institutions. As the KRG continues to navigate complex political and fiscal challenges, its partnership with global financial institutions like the World Bank is seen as crucial to ensuring long-term stability and prosperity.
The World Bank, founded in 1944 and headquartered in Washington, D.C., is one of the world’s leading international financial institutions. It provides loans, grants, and technical expertise to developing countries to reduce poverty and support sustainable economic development. Over the years, it has played an active role in post-conflict reconstruction and institutional reform in Iraq.
Back in 2016, the World Bank entered into discussions with both the Iraqi federal government and the KRG about providing a major loan to support development and service projects across the country.
As part of the KRG’s broader economic strategy, Prime Minister Masrour Barzani has led efforts to expand banking services across the Kurdistan Region. In his address at HITEX24 on September 3, 2024—covered by Kurdistan24—he announced that banking capacity has increased fivefold since the ninth cabinet took office, reflecting a push to modernize the financial system and reduce reliance on cash-based transactions.
Furthermore, the KRG has made notable strides in digital governance. According to the KRG’s official Strategy for Digital Transformation, spearheaded by the Department of Information Technology (DIT), the government aims to become a regional GovTech powerhouse by 2025. The strategy is underpinned by six Core Strategic Activities (CSAs): strengthening digital governance, building digital architecture, investing in human capital, prioritizing user-centered design, improving security and data privacy, and reforming procurement systems.
The strategy emphasizes a citizen- and business-centric approach to public service, supported by agile and transparent IT infrastructure. It also introduces robust digital principles, including interoperability, data-driven decision-making, and accessibility across government platforms. According to the document, over 50 government services have been digitized, with the long-term vision that all residents will be able to access public services 'anywhere, anytime, on any device.'
The Prime Minister’s Decree No. 104 (2020) formally authorized the DIT to lead and regulate the digital transformation of all KRG entities. As stated in the strategy, the transformation is not only technological but also institutional, involving legal reforms, public awareness campaigns, and engagement with private sector and international stakeholders. This holistic vision is seen as essential for reducing bureaucracy, improving transparency, and unlocking economic opportunities across the Kurdistan Region.
At the World Government Summit 2025 in Dubai, PM Barzani reiterated the Kurdistan Region’s strategic vision, emphasizing institutional reform, youth empowerment, and long-term sustainability. He stated that the KRG seeks to be a regional model for effective governance and forward-looking economic planning.
These developments provide crucial context for the World Bank’s deepening engagement with the Kurdistan Region and underscore the international community’s recognition of the KRG’s ongoing efforts to implement structural reforms and strengthen its institutional foundations. link
MR. POOL IQD: $10.21, VND: $6.42, ZIM: special handling, 24 MARCH
Mr. Pool
Military oversight active!
IQD: $10.21, VND: $6.42, ZIM: special handling.
Early Tier 5 reports indicate full accessibility within hours! Public trade screens go live tonight.
Tier 4B confirmations now trickling into secure drop zones. Screens are going black.
Then green. The final sequence has initiated – emails, calls & appointments being quietly issued to pre-cleared participants. Citibank, HSBC, Wells Fargo, and Bank of America have moved into isolated mode – all Tier 1 branches now under elevated comms lockdown.
No public-facing alerts. No press releases.
Only silence. Why? Because this isn’t about the public anymore.
It’s about precision. Everything is unfolding exactly as planned.
FRANK26: "THE WORLD OPENS ITS ARMS TO IRAQ & NOT AT 1310", 24 MARCH
KTFA
FRANK26: "THE WORLD OPENS ITS ARMS TO IRAQ & NOT AT 1310".......F26
Rafidain Bank launches a banking transactions monitoring system in a number of its branches.
3/22/2025
He explained, "The new system enables advanced monitoring and analysis of financial transactions, which helps detect suspicious activities and reduce the risks associated with financial crimes. It also provides accurate centralized audit procedures by the Anti-Money Laundering Reporting Department to ensure full compliance with international regulations."
The bank added, "This transformation also represents a qualitative leap, as it keeps pace with the latest global banking technologies, enhances transparency, and reduces reliance on paper-based procedures. This contributes to accelerating inspection and auditing processes andachieving unprecedented levels of financial security and economic stability."
He stated, "With this step, the bank affirms its leadership in developing the Iraqi banking sector and preparing it for integration into global financial markets, which will enhance the confidence of investors and international correspondents and position Iraq in a leading position within the regional and international financial system."
LINK
JUDY NOTES: IQD: $10.21 – Public trade screens GO LIVE TONIGHT! 24 MARCH
JUDY NOTES
Sat. 22 March 2025 Continuation. Global Currency Reset System goes live. High Alert: The Banking System Is Transitioning! …The 47th on Telegram
- Massive financial activity is now visible across the entire global infrastructure. Inside sources report that Tier 4B final releases are activating in synchronized phases. The IMF and BIS have been forced to acknowledge the transition, and attempts to stall the inevitable have FAILED!
- Live Payout Confirmations:
IQD: $10.21 – Public trade screens GO LIVE TONIGHT!
VND: $6.42 – Early Tier 5 reports indicate full accessibility within hours!
ZIM: Special handling – Military oversight ACTIVE!
- Global Reset in Motion! Banks are transitioning to the Quantum Financial System as we speak. Insider chatter confirms full compliance from major financial institutions. The old system is FADING-the future is HERE.
- All Eyes On Final E*******n Phase: This is the moment where history is being rewritten. The biggest financial event in modern history is UNFOLDING IN REAL TIME.
- The next 12 hours are everything! (posted at 10:04 am MST Sat. 22 March 2025)
GEOPOLITICAL FLUCTUATIONS AND OIL MARKETS: HOW CAN IRAQ PROTECT ITS ECONOMY FROM SHOCKS?, 30 MARCH
GEOPOLITICAL FLUCTUATIONS AND OIL MARKETS: HOW CAN IRAQ PROTECT ITS ECONOMY FROM SHOCKS? Amid the geopolitical turmoil sweeping the world,...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Fri. 21 Feb. 2025 Crucial Announcement : The Tier 4 B Internet Group is officially active. …QFS on Telegram This is the beginning of a n...