More News, Rumors and Opinions Monday Afternoon 1-6-2024
KTFA:
Clare: Interior: "Your Card at Home" service will be activated soon and will include all Iraqis
1/5/2025 Baghdad - WAA
The Ministry of Interior announced, today, Sunday, that about 9 million people will be registered for the national card during 2024, while indicating that the "Your Card at Your Home" service will be activated soon and will include all Iraqis.
The Director General of the Unified National Card Department, Major General Ahmed Al-Maamouri, told the Iraqi News Agency (INA): "The year 2024 witnessed many achievements regarding our directorate, as its name became the Directorate of Nationality and Civil Information instead of the Directorate of National Card Affairs," indicating that "8 million, 848 thousand and 27 people were registered in the civil information system for the national card during 2024."
He added, "The total number of registrants since the beginning of the project in 2015 to date has reached 42 million, 81 thousand and 166 people in the civil information system," noting that "the year 2024 witnessed the opening of central registration sites in Baghdad and all governorates, which numbered 19 registration centers."
He stressed that "these centers will allow citizens to register for the national card and record all the vital facts of themselves and their families, regardless of their place of residence or place of registration," noting that "this procedure has effectively ended the procedures for transferring citizens' populations between governorates due to the lack of need, and has made it much easier for citizens through this service by reducing the effort and financial burdens by visiting other governorates where their place of registration is."
He explained that "there is no need to transfer citizens' records or records between governorates, as long as these registration sites have been opened in all governorates of Iraq," noting that "the service of your card in your home will be activated this year, meaning that the citizen who wishes not to go to the department in which he is registered, the national card issued to him will be delivered to his home."
He stated that "this service will be activated during this year and will be available to all citizens," explaining that "the mobile station service that was launched in 2024 was provided by 23,247 citizens, and also witnessed the provision of 7,823 citizens from those lying in hospitals as well as shelters, social care, the elderly and orphanages." LINK
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Clare: The Iraqi dollar and the first day “passed peacefully”.. The Central Bank is innocent and devoted to the dinar
1/5/2025
“The first day passed peacefully,” said Dr. Mahmoud Dagher, a prominent financial expert, commenting on the first day of official work after the New Year’s holiday and the start of implementing the decision to cancel the dollar selling platform for traders and companies, which had been controversial for 20 years. Since Sunday morning, there has only been a slight increase in the dollar price.
According to Dagher, who managed the operations of the Central Bank for many years, the platform’s function has changed from being a seller of dollars to Iraqi companies, to an intermediary between Iraqi banks and foreign correspondent banks (JP Morgan and Citibank),
Which will be responsible for auditing and approving the transfers, instead of the Central Bank of Iraq, which has cleared its responsibility in this way according to an understanding with international institutions and the US Federal Reserve, and is currently devoted to taking dinars from Iraqi traders and converting them into dollars to be transferred to foreign banks that have begun to organize Iraqi trade.
Canceling the platform does not mean that the Central Bank is not converting dinars into dollars.
The Central Bank receives the dinar from the banks, which is the money of the customers (traders), and converts it into dollars and delivers it to the foreign correspondent banks. It will not undertake the auditing, but they will undertake that.
The currency selling window will remain, but its mission will not be to sell dollars but to convert dinars into dollars, and there was no problem in the market today, Sunday, although the dollar rose very slightly. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man To be a global economic powers [Iraq's] exchange rate will need to be far different than 1310. It's just the way it's going to be. They haven't done anything yet. They're hiding things when it comes to that.
Frank26 [Iraq boots-on-the-ground report] FIREFLY:Mr Sammy says everything is in place in his eyes. The only thing Mr. Sammy thinks we need is for Iraq to reveal a new rate to show and back the stability of the dinar as a new global currency. FRANK: Yes sir Mr. Sammy because that's what the contractors are waiting for.
Jeff The currency auctions prior to the beginning of November were averaging around $250 million daily...Since November... they've remained elevated about $280 to $300 million daily...They're emptying their coffers of the US dollar prepping to revalue.