Dinar Recaps

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MilitiaMan "Focus by the UN, IMF, WB, UST ext..." Sunday 10-23-2022

KTFA:

Kurdish leader: Agreement to pass Al-Sudani booth in Tuesday's session

10/23/2022 11:58:18

 A leader in the Patriotic Union of Kurdistan announced a "political agreement" to pass the cabinet of Prime Minister-designate Muhammad Shia Al-Sudani in the parliament session on Tuesday.

Sherzad Samad told {Euphrates News} that "a political agreement to pass the Al-Sudani cabin on Tuesday, after the ministerial cabinet was completed."

He pointed out that "the National Union demanded the Ministries of Justice and Immigration and the Displaced, and there is harmony, consensus and understanding between the Sudanese and the leaders of the Union."

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Samad added, "There is a tendency to grant the Ministry of Migration and Displacement, either to representatives of Sinjar or Mosul districts, an appreciation of their positions."

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A source reveals the ministries of the National Union and its candidates

10/23/2022 10:20:45

  An informed source revealed that the Patriotic Union of Kurdistan submitted the names of its candidates for the ministerial cabinet to the Prime Minister-designate, Muhammad Shiaa Al-Sudani.

The source told {Euphrates News} that "the Kurdistan Union submitted the names of its candidates to the Sudanese and demanded the Ministries of Justice and Immigration and Displacement."

He pointed out that "the candidate for the Ministry of Justice is Khaled Shwani. As for the Ministry of Immigration, the Patriotic Union submitted 3 names and granted Al-Sudani the freedom to choose one of them for the position." LINK

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MilitiaMan:  A necessary item for to be completed is the cabinet. Daytrader points out that Article 110 of the Iraq constitution shows that issuing currency is a part of the government work. Now we can see likely why there is a focus by the the UN, IMF, WB, UST, etc, etc.. to get the work completed and pronto!!! imo ~ MM

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Article 110

The federal government shall have exclusive authorities in the following matters:
First. Formulating foreign policy and diplomatic representation; negotiating, signing,
and ratifying international treaties and agreements; negotiating, signing, and
ratifying debt policies and formulating foreign sovereign economic and trade
policy.

Second. Formulating and executing national security policy, including establishing and
managing armed forces to secure the protection and guarantee the security of
Iraq's borders and to defend Iraq.

Third. Formulating fiscal and customs policy; issuing currency; regulating commercial
policy across regional and governorate boundaries in Iraq; drawing up the
national budget of the State; formulating monetary policy; and establishing and
administering a central bank.

Fourth. Regulating standards, weights, and measures.

Fifth. Regulating issues of citizenship, naturalization, residency, and the right to apply
for political asylum.

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Samson:  The Minister of Finance holds a meeting with the general managers of Iraqi government banks

23rd October, 2022

Today, Sunday, the Agency's Minister of Finance, Hiyam Nemat Mahmoud, chaired, at the ministry's headquarters, an expanded meeting that included general managers of Iraqi government banks, regarding the mechanisms of banks' work and the obstacles they face.

And the media office stated in a statement that “Al-Naeem News” received a copy of it, that “the Minister of Finance witnessed a set of challenges, variables and exceptional circumstances, the most important of which was the Corona pandemic, which cast a shadow over the whole world and the accompanying economic downturn, especially in the oil-exporting countries.” 

She added that, “Nevertheless, the government banking sector was able to commit to providing the requirements to support the national economy and to spare it the negative effects of economic repercussions and international conflicts.

The minister stressed "the importance of strengthening joint cooperation between banking institutions, and understanding a common strategy, to improve and develop the Iraqi banking sector, and enhance its role in the local banking arena" and international.”

The minister also pointed out, "the need to strengthen the role of Iraqi banks through the development of executive mechanisms and comprehensive action plans. It serves the strategic goals of the banking sector, which revolve around the stability and balance of the local economy.”  LINK

MilitiaMan:  it looks like she hit the ground running.. And in an international manner... lol ~ MM

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