News, Rumors and Opinions Friday Afternoon 5-20-2022
KTFA:
Clare: The Governor of the Central Bank of Iraq participates in the closing meeting of the World Bank mission
The Governor of the Central Bank of Iraq participates in the closing meeting of the World Bank mission participated in the closing meeting of the World Bank mission to enhance support for the Iraqi financial sector reforms program, which was held in Amman on Friday, May 20, 2022, at the head of a high-level delegation from the Central Bank and representatives of the Ministry of Finance.
The mission reviewed the cooperation and support programs provided by the World Bank to the Central Bank and the Ministry of Finance with the aim of reforming the financial sector and enhancing its role in financing economic development.
The mission focused on methodologies for government bank reform, capacity building, payment system support, digital financial services, financial infrastructure, and measures to combat money laundering and terrorist financing. . It was agreed to continue joint cooperation between the above-mentioned entities to increase financial depth. .
Central Bank of Iraq Media Office May 20, 2020
Clare: BOOM!!!! (thumbs up)
Popeye7: Agreed Clare... Imo, looking very promising in the short term... The IMF giving their OK in an article yesterday, and the 24th of May an invite to foreign companies to participate in the new Iraq economy... One thing seems to be missing though... Where of where did my RI go... Oh where, Oh where could it be?...
Pattycakes77: This article is GOLD.
Clare: I AGREE WITH YOU ...THEY ARE WRAPPING IT UP...NOT MUCH LONGER TO WAIT!..... IMO ONLY
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TNT:
Tishwash: Iraq achieves $ 20 billion in surplus oil sales and avoids borrowing
Iraqi Finance Minister Ali Allawi confirmed on Friday that his country will achieve a surplus from the difference in selling oil, amounting to 20 billion dollars.
Minister Allawi said today that this current financial abundance will spare Iraq from resorting to the borrowing policy, as it was prevalent in previous years, noting that Iraq has begun to feel the positive effects of changing the dollar exchange rate.
It is noteworthy that Iraq's annual budget depends by 95 percent on oil imports, whose prices have risen during 2022. link
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Tishwash: Because of the political blockage... Warnings of the collapse of the political system in Iraq – urgent
The leader in the coordination framework, MP Muhammad Al-Sihoud, warned today, Friday, of the danger of the continuation of the political blockage in .Iraq, during the next stage
Chihod said, in a statement to (Baghdad Today), that "there is a very great danger in the continuation of the political blockage in Iraq, during the next stage, as this matter may lead to the collapse of the political system in Iraq, and that is why everyone should beware of this matter, as it will not be In it, no party wins at all, but ".everyone will lose
He stressed, "the need for all political forces to sit at the dialogue table and negotiate to end the political blockage in Iraq as soon as possible, and to move away from the politics of marginalization and exclusion, which did not bring any good to ".the political process link
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Wolverine:
Ok guys just received news from the UST and it’s all good news. I’ll be sending you all more info. Keep the faith everyone as the Opera is close to being released
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Courtesy of Dinar Guru
Breitling Question: "All this political stuff going on trying to establish the government...Do you think it has any correlation with them raising the value?" There's probably 3 or 4 sides, they're all in agreement - They want to add value to the currency...how they're treating banks, the laws that they're passing and all that stuff none of it's being blocked. I can't think of one Iraqi that doesn't want to add value to the currency...They don't need a government to add value to the currency...
Fed. Continues To BALLOON The Money Supply, Inflation Surging higher. FEAR IN THE MARKET.
Greg Mannarino: 5-20-2022
Everything bubble' will burst, gold to $900, Bitcoin to $3k before hitting $500k - Harry Dent
Kitco News: 5-19-2022