"Tidbits From TNT" Tuesday Morning 11-14-2023
TNT:
Tishwash: Al-Fateh: Black money moved to more than 20 countries because of America
The leader of the Al-Fatah Alliance, Raad Al-Tamimi, confirmed on Tuesday that the smuggled corruption money had been transferred from Iraq to 20 countries allied with America.
Al-Tamimi said in an interview with Al-Maalouma, “The level of corruption in Iraqi state institutions is great, but unprecedented rates were recorded in the Al-Kadhimi government, which was involved in more than 10 large files, according to investigations, which include a large waste of money.”
He added, “The stolen money, which is black money, moved to more than 20 countries in order to smuggle it and carry out what is known as money laundering,” pointing out that “the level of cooperation of countries, some of which are Arab, is very limited, in addition to the fact that the file includes great complications in tracking the money.” He pointed out that “
Washington It is the biggest sponsor of corruption in Iraq, especially since it did not do anything to reveal where hundreds of billions of dollars of the Iraqi people’s money went before and after 2003, even though it has sensors in all international banks that enable it to determine the direction of money in a flexible manner. link
Tishwash: A government source reveals a package of measures to address the difference in the exchange rate
Today, Tuesday, a government source revealed a package of measures to address the difference in the exchange rate, while noting that Prime Minister Muhammad Shiaa Al-Sudani directed the activation of a committee to hold serious discussions with the US Treasury Department regarding transfers.
The government source stated to the Iraqi News Agency (INA), that “the government has taken a package of measures to address the difference in the exchange rate, including: organizing the import process and ensuring the entry of the largest number of merchants and importers to the foreign currency selling window by facilitating account opening procedures, deposit operations, and other procedures related to issuing...
The identity of the importer, which would facilitate the requirements of (Know Your Customer) for the category of merchants and importers,” noting that “there are ongoing negotiations between the government and the Central Bank with the Iranian side to regulate trade between the two countries and take the best options regarding payment of dues and amounts, and discussions are taking place at a good pace.”
He added, "Prime Minister Muhammad Shiaa Al-Sudani directed to work on a number of important projects to ensure that the poor and middle-income groups are not affected by the exchange rate difference, as the Ministries of Commerce and Health are working to import important materials and provide them in Iraqi dinars at stable prices, an example of which is the food basket project (Al-Sandah at stable prices)." And the pharmaceutical basket, the construction basket, and the basket of reserve materials for the transportation sector, some of which work began a while ago.”
He continued, "The government is now working on an (equal deal) project to exchange trade and imports with some countries, such as China and India, and in their own currencies from Iraq's main trading partners, such as India, China, and some neighboring countries," pointing out that "the government is currently studying establishing a free zone to import materials and then Marketing it to the private sector and ensuring its delivery to the consumer at competitive prices and in the Iraqi dinar. The government is also currently studying a re-export project and there are important discussions in this regard.”
He pointed out that "the government issued a series of measures to develop electronic payment systems and reduce dependence on cash. A series of other decisions will also be issued in the coming days regarding pricing and incentive policy for services provided through electronic payment."
He explained, "Prime Minister Muhammad Shiaa Al-Sudani directed the activation of a joint committee between the government, the central bank, and the private sector, under the supervision of his office, to hold serious discussions with the US Treasury regarding transfers through the foreign currency selling window, and the committee has begun its meetings from now."
He pointed out that "the government is holding ongoing discussions with the Central Bank of Iraq on a number of topics, including facilitating procedures related to Iraqi banks importing the (cash) dollar. This process has already begun with some banks importing the dollar, and the process will expand to include other banks, and work is also underway."
Proceeding to conclude agreements to supply the currencies of some countries to be provided through banks and banking companies to meet the needs of Iraqi tourists and pilgrims going to those countries without the dollar currency ink
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Tishwash: To discuss “concrete” problems...an economic conference in Erbil seeks to attract international investors
An economic conference was held in Erbil, the capital of the Kurdistan Region, today, Tuesday, to discuss the problems that the region and Iraq are suffering from in this field, while an economist described that the purpose of holding the conference is to discuss “our concrete economic problems” and attract international investors.
The Shafaq News Agency correspondent said that the Ministry of Industry and Trade in the Kurdistan Regional Government held a general conference across Iraq for the commercial and investment sectors entitled “Kurdistan Business Lobby,” in the presence of about 200 Iraqi investors, businessmen, and capital owners from neighboring countries.
Economist Kamran Mahmoud said in a speech during the conference, “This conference is one of the advanced conferences in the region because it identifies our economic problems in the Kurdistan Region and Iraq.”
He added, "These problems are concrete, and we are trying through this conference to change our ideas and economic policies in the region and the federal government, as well as to change the mentality of capitalists because we want complete development at the commercial and industrial level," calling for "using the economy as a main factor to attract foreign investors to the Kurdistan Region." And Iraq.” link
Mot: .. Splain why shes Holding a Frying Pan!! - K!!!
Mot: .. Poor ole ""Earl"" – LOL