Zig’s Place Chatroom News Monday PM 6-21-21
Zig’s Place Chatroom News Monday PM 6-21-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
Butterfly After the end of the latest talks between world powers and Iran... a rise in oil prices
Monday 21 June 2021 09:34.......Oil prices rose today, Monday, after the end of recent talks between world powers and Iran to revive a nuclear agreement without an agreement.
Crude oil is up nearly 50% this year as major economies emerge from restrictions and lockdowns after Covid-19 vaccines were rolled out around the world, and demand has rebounded, especially in the United States and parts of Asia. China's oil consumption has surpassed pre-pandemic levels, and India is showing signs of recovery from the deadly second wave of the virus that has devastated its economy.
West Texas Intermediate for July delivery rose 0.38% to $71.56 a barrel on the New York Mercantile Exchange.
Brent crude for August rose 0.26% to $73.70 on the ICE European Futures Exchange, after rising 0.6% in the previous session.
butterfly An economic specialist to / Nina /: Iraq needs to build 300,000 housing units annually to solve the housing crisis.. and the investment experience in Iraq is a failure
Monday 21 June 2021 09:52....... A specialist in managing state institutions in crises, Ali Jabbar Al-Fariji, confirmed that successive Iraqi governments failed to find solutions to the housing crisis, noting that Iraq needs to build 300,000 housing units annually to solve the housing crisis.
Al-Furaji said in a statement to the National Iraqi News Agency / NINA/ "Over the past ten years, no housing project has been built in Iraq so far according to the real concept of investment (the investor invests his own money to create his project), and all projects under the titles (investment) were limited to granting lands in important places to personalities we call them (real estate brokers).
With corrupt political and government support), to seize loans from the state in building these projects and selling them at very high prices, adding, the concept of buying a housing unit with government employees’ sponsorship is still a (stupid) condition, because with ease the whole world deals with the fact that the guarantor for any real estate loan is the real estate The same, the exaggeration of the prices of housing units (apartments) in the residential complexes in which they seized important lands in the capital, Baghdad, for example, at fantastic prices that exceed real estate prices in many countries of the world without entitlement to the real value of real estate.
butterfly He pointed out that "Iraq's actual need for housing units exceeds 3.4 million housing units, according to a specialized reading in 2006 - if a plan was drawn up for ten years, meaning we will need more than 350 thousand housing units annually for the next ten years. What has actually been accomplished does not exceed 30 thousand housing units."
Annually in recent years, this means that there is a deficit of approximately 300 thousand housing units annually, in addition to the rates of increase in the need for housing units, stressing that the successive Iraqi governments and their institutions still treat investments as a race to seize land and obtain loans.
The corrupt electoral campaigns of political parties and personalities and created chaos over the state and the private sector, are controlling as chaotic solutions to the housing crisis created by the mismanagement of the power parties in successive governments.
He stressed that "Iraq lacks a unified investment map for Iraq in a sound economic manner, and an urban plan for the province of Baghdad, how to distribute population areas from industrial areas, and how to develop in urbanization in an accurate future way that draws and defines areas that are residential in a thoughtful developmental way, not random and selective, and adopt the principle of the land classification system, Investment in Iraq is a process of appropriation of real estate and state property and through it obtaining soft loans with corrupt political support.
butterfly He added: Iraq is talking about investment, but it still does not apply the ABCs of investment in its true form - and the evidence is the failure of the private sector and the investment sector to be a contributor to the movement The real estate market correctly (the investment and the real investor who provides the capital almost completely, the transfer of technology, and the provision of service in a competitive manner, and with high efficiency is a factor in increasing the general GDP - raising Iraq's economic capacity and reviving the labor market.)
He stressed that: the investment experience in Iraq for recent years has failed within the economic reports - more than 2,400 investment licenses, approximately 75% of which do not exist in reality, and the rest cannot be considered investments in any way. They are shops that distorted and created chaos in the form of Baghdad and the provinces.
butterfly Muhammad Shiaa Al-Sudani calls on the Ministry of Oil to fulfill its obligation to appoint graduates with engineering specialties
Monday 21 June 2021 09:57.....Representative Muhammad Shia Al-Sudani demanded, today, Monday, the Ministry of Oil fulfill its commitment to appoint graduates with different engineering specialties, and according to the recent Cabinet decision (179) for the year 2021, which authorized the profitable oil companies to appoint graduates of engineering colleges with their various specializations and graduation years as a daily procedure, and that An exception to resolutions 315 and 337.
Al-Sudani confirmed in a statement, after meeting representatives of the protesting engineers a year and ten months ago in front of the Maysan Oil Company during his visit to the governorate yesterday, that they are in various engineering disciplines (mechanics, civil, computers and other specializations), numbering about (260) protesting engineers, that he will follow up on this. The issue is with the Council of Ministers and the Ministry of Oil.”
He pointed out that "Maysan province occupies the second place in terms of oil productivity, with limits of up to (600) thousand barrels per day," explaining that it is "one of the rich provinces, but it was not fair and did not receive sufficient attention."
And he indicated that "the issue of the sit-in engineers was followed up previously, and meetings took place between the province's representatives and the Ministry of Oil, which gave a promise to appoint them, but the ministry did not take any procedure for the appointment despite the passage of a long period of time, which constitutes injustice and waste of Iraq's human wealth." /.
butterfly The Ministry of Planning announces the approval of about 70 projects in various sectors in Dhi Qar Governorate
Monday 21 June 2021 10:39........The Ministry of Planning confirmed, today, Monday, the completion of the requirements of most of the projects in Dhi Qar Governorate in record time, despite the presence of some deficiencies related to these projects.
The official spokesman for the ministry, Abdul-Zahra Al-Hindawi, said in a statement to the ministry, "The Minister of Planning directed to expedite the completion of projects in Dhi Qar Governorate, and to give the governorate exceptional attention, in appreciation of its special circumstances, and in implementation of the Prime Minister's directives, in this regard, noting that" the ministry is forced in many cases. Sometimes, it is necessary to receive project priorities via e-mail, in order to speed up the completion of requirements, and among those projects is the Al-Dawaya water project.
He added: "The governorate, through its official correspondence with the ministry, during the month of February, requested a re-approval of the 2019 plan projects again, and the Sectors Planning Department studied the increase in the costs of a large number of projects, with many errors in the required statements, and thus becomes In some cases, it is not possible to approve the project before these errors are corrected."
butterfly And Al-Hindawi said, "Requests to increase the costs of projects submitted by the province of Dhi Qar were received within one month, which led to their accumulation, and each of those requests included an increase in the cost of dozens of projects, not for one project, in the education sector there are 45 projects, and in the sector Water There are 10 projects, 6 projects in the youth and sports sector, and nine other projects, stressing that the instructions for implementing government contracts No. 2 of 2014 require the completion of all requirements and amended statements in order to be studied and ensure that the correct legal context is adopted, before approving the project. .
A spokesman for the Ministry of Planning revealed, "The cost increase or adjustment for projects in the education, water, youth and sports sectors, for Dhi Qar Governorate, has been fully completed, adding that requests for a number of other governorate projects have not yet been completed due to deficiencies in them, including the project of health clinics in Al Dawaya."
The Suq Al-Shuyoukh water project, the asphalt plant project, the construction of 4 police stations, the monitoring system project, and the governorate was approached to complete these deficiencies, while the special deficiencies of a number of other projects were completed, including the project of submersibles and generators for the Shatrah sewage center, the project to establish the College of Education, and a project Nasiriyah-Suq Al-Shuyoukh road, and a project to dismantle, transport and install an asphalt production plant.
Al-Hindawi reiterated, "The Ministry of Planning deals with all ministries and agencies not associated with the Ministry and the governorates with high professionalism, and exerts its maximum capabilities in order to facilitate procedures and assist those parties in completing project requirements, without violating legal standards or instructions for implementing government contracts. Als
butterfly Integrity: Suspicions of collusion and corruption surround the process of excluding imports from the instructions for implementing government contracts
Monday 21 June 2021 10:42 .........The Integrity Commission announced suspicions of collusion and corruption surrounding the process of excluding imports from the instructions for implementing government contracts.
butterfly A deputy calls on the government to reduce the dollar exchange rate and return to its old / expanded price
Monday 21 June 2021 10:55 ..........The independent representative, Mansour Al-Baiji, called on the government and the competent authority to reduce the exchange rate of the dollar and return it to its old price to preserve the rest of the economy of the country that was hit hard due to the high exchange rates of the dollar during the previous period.
And he said in a statement: After the rise in international oil prices, it became imperative for the Iraqi government to restore the dollar exchange rate to what it was previously because the need to raise the exchange rate has ended and the exchange rate must be reduced to preserve the country’s economy from the great crisis it was exposed to due to raising dollar exchange rate.
He pointed out that "the Iraqi markets are subjected to a very large depression due to the high exchange rates, and this matter is very clear on the markets that suffer from a semi-cessation of the movement of buying and selling, which has led to a significant and noticeable damage to the economy, not to mention that the citizen was directly affected by the high price of the dollar against the Iraqi dinar." ".
Al-Baiji added that the file of reducing the selling price of the dollar should be removed from the electoral propaganda and work to reduce the exchange rate is necessary because it caused harm to a large segment of the Iraqi people, so we hope that there will be a response from the government to move in this direction quickly to preserve the country's economy from collapse if this continues The rise and the only people affected by it are the Iraqi people.
butterfly Iraqi Airways announces 48 flights for tomorrow, Tuesday, at various airports
Monday 21 June 2021 11:02...........The Iraqi Airways Company announced, today, Monday, its flight schedule for tomorrow, Tuesday, which recorded 48 flights in various Iraqi airports.
butterfly A local economic center announces the prices of foreign currencies and oil globally
Monday 21 June 2021 11:12..........The Iraqi Political Economic Center announced the global prices of foreign currencies, gold and oil on Monday.
Where the dollar exchange rate recorded a decrease against the dinar, the selling price was 148,750 against 100 dollars, and the purchase price was 147,750 against 100 dollars.
As for the other currencies against the dollar:
100 euros, 118.64 dollars, 100 pounds, 138.07 dollars, 100 dollars, 873.71 Turkish liras,
while the price of a barrel of Brent crude oil was 73.26 dollars, and the price of a barrel of American crude oil was 70.88 dollars./.
butterfly The European Union warns of an imminent financial collapse in Lebanon
Monday 21 June 2021 11:30....... The European Union's High Representative for Security and Foreign Policy, Josep Borrell, warned, on Monday, that Lebanon has reached the brink of financial collapse, indicating that we cannot wait to save it.
Borrell stressed in an official statement today, that "Lebanon needs leadership to cross the crisis," explaining that "the European Union urges the Lebanese to expedite the formation of the government."
The European official promised that "the struggle for power and the lack of confidence represent the core of the problem between Lebanese politicians and the crisis of forming a government."
butterfly The Ministry of Planning: Choosing the projects of the Social Fund for Development is exclusively the prerogative of the Ministry
Monday 21 June 2021 13:04 ...The Ministry of Planning confirmed today, Monday, that the service projects that are selected and implemented in the governorates covered by the financing of the Social Fund for Development, are selected, identified and implemented by the Ministry exclusively, based on the priorities determined by the residents of the covered villages.
And the ministry indicated in a statement, not to allow any interference or attempts from any party, in the process of selecting these projects, and it will not allow the use of Social Fund for Development projects for electoral purposes by this or that party, noting that the fund teams concerned with projects, continue Its work professionally and sincerely in all governorates away from any side effects, and the involvement of local communities in making decisions related to improving their living conditions, by choosing projects that meet the lack of basic services in their villages.
The Ministry of Planning called on the people of the villages covered by the projects of the Social Fund for Development to communicate directly with the community mobilization teams or the Fund’s branches in the governorates, or by following the official channels of the Ministry, in order to see the details of the projects, the mechanisms for their selection and implementation procedures, and the role of the local community in the selection, implementation and follow-up process.
butterfly The Minister of Construction and Housing discusses with the Egyptian ambassador the projects implemented by his country's companies in Iraq
Monday 21 June 2021 16:50......The Minister of Construction, Housing and Public Municipalities, Eng. Nazanin Muhammad Wassou, discussed with the Egyptian Ambassador in Baghdad, Walid Muhammad Ismail, the projects implemented by Egyptian companies in Iraq.
The ministry said in a statement that the National Iraqi News Agency / Nina / received a copy of it: "During the meeting, they discussed projects implemented by Egyptian companies in Iraq, in the field of roads, bridges and housing, according to the memorandum of understanding signed between the two countries."
The Egyptian ambassador affirmed his country's keenness to develop relations with Iraq in all fields, due to the great experience that Egyptian companies enjoy, as well as everything that would serve the interests of the two countries and their brotherly peoples.
butterfly Oil Minister: The collective agreement and solidarity in OPEC contributed to the stability of oil marketsسواق
Monday 21 June 2021 17:58.....price and the Minister of Oil and Oil Minister Ihsan Abdul - Jabbar Ismail, the great and important role of producers in the "OPEC" and allied with the stability of the global oil markets after the crisis that hit the economies of the world and caused the recession, due to the repercussions of the spread of Kovid 19. The
minister said during his visit to the pavilion The Ministry of Oil (OPEC in Baghdad) at the Baghdad International Book Fair, which was titled “OPEC in Baghdad”: “The positive change that has occurred in the global markets came thanks to the cooperation of all producers from the members of the “OPEC” and outside it through the implementation of a programmed and deliberate agreement to reduce oil production According to the requirements and needs of the market, as well as trading, communication and joint coordination in order to develop successful solutions to the challenges facing the oil market.
Ismail stressed the importance of the role of "OPEC", which emerged from Baghdad (60) years ago, in stabilizing global oil markets, and that the ministry is interested in celebrating this occasion in Baghdad and in the People's Hall, which hosted the organization's first meeting in 1960.
He continued: "The organizing committee In coordination with the "OPEC" organization, it is based on the preparation and good organization of cultural, artistic, heritage and folklore paragraphs that illustrate the importance of this occasion, which started from Baghdad, Dar al-Salaam, and that the media committee is promoting this celebration at the book fair by showing spots and documentaries about OPEC, due to the importance of this event The cultural center that enjoys great interest from the public and intellectuals.”
butterfly Iraqi Dinar/US Dollar auction results for tomorrow 6-22-21 implemented today 6-21-2021
25k Iraqi Dinar notesThe results of the foreign currency sale window for Tuesday 06/22/2021 and implemented today Sale date – Tuesday 06/22/2021 and executed today the details the amount
Total sale for the purposes of strengthening balances abroad (remittances, credits) 179,526,603
Total cash sale 67,040,000 Total total sales 246,566,603 Note that:
The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar.
The cash sale price is ( 1460 ) dinars per dollar. cbi.iq/currency_auction/view/1050
butterfly The dollar is falling, and the central bank continues to sell the highest amount
06/21/2021 10:49:35 The dollar is falling and the central bank continues to sell the highest amountThe exchange rate of the dollar fell against the dinar today, Monday.
And it reached in the Baghdad Stock Exchange this morning 1484 dinars, or 148 thousand and 400 dinars.
The selling price in banking offices in the capital also decreased to 1487.5 dinars, and the purchase price was 1477.5 dinars.
In Erbil, the dollar settled at 1486 dinars, and the purchase was 1483 dinars.
Today, Monday, the Central Bank of Iraq continued to sell the highest amount of dollars since it changed the exchange rate on December 19, 2020.
The total sales of the foreign currency auction for the bank today amounted to 243 million and 385 thousand dollars.
The total sale for the purposes of strengthening balances abroad was {transfers, credits}, including 190 million and 145 thousand dollars, and the total cash sale was 53 million and 240 thousand dollars.
It is noteworthy that the Central Bank of Iraq decided on January 19 last to make a significant change in the dollar exchange rate, as follows:
1450 dinars per dollar, the purchase price of foreign currency from the Ministry of Finance.
1460 dinars per dollar, the price of selling foreign currency to banks.
1470 dinars per dollar, the price of selling foreign currency to the public. alforatnews.com
butterfly Warnings of the loss of Iraq’s money abroad and parliamentary calls to legislate a law to recover it
Monday, June 21, 2021 | 09:20 am
Warnings of the loss of Iraqs money abroad and parliamentary calls to legislate a law to recover itOn Monday, members of the House of Representatives called for the enactment of a law to recover that money before the end of the current parliamentary session so that it does not go into the pockets of the corrupt .
A member of the Finance Committee, Ahmed Suleiman, said, “Iraq possesses frozen and smuggled sums in foreign banks estimated at about 500 billion dollars, which requires the executive authority to move quickly to recover them and address the financial situation .”
On the other hand, the representative of the Al-Fateh Alliance, Hassan Shaker, warned of “the danger of the smuggled money going to the pockets of the corrupt, especially since the government did not make clear any seriousness to recover these funds,” stressing “the need to expedite the legislation of the law to recover Iraqi funds abroad and not to transfer its law to the next parliamentary session .
In addition, the legal expert, Tariq Harb, explained that “there is great importance to legislating the aforementioned law, in addition to that it does not need more than a week in Parliament, in addition to that it depends on the judicial and punitive side, and not only the seizure of funds, and also depends on the international side, not only the internal one.” . aynaliraqnews.com
butterfly An American bank expects the price of a barrel of oil to rise to $100
Monday, June 21, 2021 | 01:20 PM An American bank expects the price of a barrel of oil to rise to 100The American investment bank “Bank of America” expected that the price of a barrel of “Brent” blend would rise to the level of $100 by 2022 .
Regarding the reasons that will lead to the growth of oil prices so quickly, the US bank referred to the delayed demand after the closure measures that were imposed due to the Corona crisis, and the increase in demand for fuel due to the increase in travel distances .
Bank of America analysts also raised their forecast for oil prices for 2021 from $60 to $68 a barrel, amid a recovery in demand driven by the vaccination process against the Corona virus, thanks to the recovery in demand for black gold and record production cuts by producers within the framework of the “OPEC” agreement.
aynaliraqnews.com
butterfly Parliamentary Finance warns the Central Bank of the collapse of the Iraqi dinar
Monday, June 21, 2021 | 11:25 am Parliamentary Finance warns the Central Bank of the collapse of the Iraqi dinarOn Monday, the Parliamentary Finance Committee warned the Central Bank of the collapse of the Iraqi dinar against the US dollar, while calling on the government to impose measures on private banks and control the market .
Committee member Muhammad Al-Shabki said, “There are fears of the collapse of the Iraqi currency in the coming period due to the continued government confusion and the lack of control over the dinar exchange rate against the US dollar .”
He added that “losing control of the exchange rate may lead to the collapse of the currency in the coming period,” noting that “the government, the Ministry of Finance and the Central Bank are required to impose appropriate measures and control the market and maintain the exchange rate to avoid the collapse of the Iraqi currency.” aynaliraqnews.com
butterfly Al-Buaiji calls on the government to reduce the price of the dollar to preserve the rest of the economy
Monday, June 21, 2021 | 11:34 am
Al-Buaiji calls on the government to reduce the price of the dollar to preserve the rest of the economyIndependent MP Mansour Al-Baiji called on the government and the competent authority to reduce the exchange rate of the dollar and return it to its old rate in order to preserve the rest of the economy of the country that was hit hard due to the high exchange rates of the dollar during the previous period .
Al-Baiji said in a statement that “the Iraqi markets are subjected to a very large depression due to the high exchange rates, and this matter is very clear on the markets that suffer from a semi-cessation of the movement of buying and selling, which has led to significant and noticeable damage to the economy, not to mention that the citizen was directly affected by the high price of the dollar against The Iraqi dinar .
He added, “After the rise in international oil prices, it became imperative for the Iraqi government to restore the dollar exchange rate to what it was before, because the need to raise the exchange rate has ended, and the exchange rate must be reduced to preserve the country’s economy from the great crisis it was exposed to due to the rise in the exchange rate.” dollar ”.
Al-Baiji pointed out that “the file of reducing the price of selling the dollar must be removed from the electoral propaganda and work to reduce the exchange rate is necessary because it caused harm to a large segment of the Iraqi people, so we hope that there will be a response from the government to move in this direction quickly to preserve the economy of the country from collapse.” If this rise continues, the only people affected by it are the Iraqi people.” aynaliraqnews.com
butterfly AL-KAZEMI’S ADVISOR: THE PROJECT TO DELETE ZEROS FROM THE CURRENCY IS SUBJECT TO TWO CONDITIONS
Sunday, June 20, 2021 7:05 PM AL-KAZEMIS ADVISOR - THE PROJECT TO DELETE ZEROS FROM THE CURRENCY IS SUBJECT TO TWO CONDITIONSBaghdad / National News Center
Today, Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, set two conditions for deleting 3 zeros from the currency, stressing that the option to delete is proposed as part of the strategies for reforming the currency and cash payments system in Iraq.
Saleh told the official agency and followed by the “National News Center”, “The Central Bank of Iraq has developed a project to delete three zeros from the Iraqi currency in order to reform the cash payments system, which has become burdened by the insomnia of the economic blockade imposed in the nineties of the last century, and put it into research and study long ago, This is after reviewing about 54 international experiments since the end of World War II until the second decade of the twenty-first century, which took place in various countries of the world in which the cash payment systems were reformed and made to work more efficiently, the last of which was the Islamic Republic of Iran and before that, Turkey.
He added that “the phenomenon of increasing zeros in the monetary unit or adding zeros to a single monetary unit usually comes due to the exposure of economies to unbridled waves of inflation or continuous sharp rises for years in the price level due to wars, sieges and conflicts, which lead to financing the deficit of government budgets through cash issuance.” .
Butterfly And because the price means the value of goods and services expressed in cash, the continuous rise in prices without stopping leads to the erosion of the value of the monetary unit, which requires the issuance of larger monetary categories due to the lack of value of the smaller monetary groups and the disappearance of their ability to cover transactions and exchanges of high monetary value in the market.
He continued, “Accordingly, the monetary value of things or tangible assets and others inflates, and when inflation ends, according to which prices have increased to three decimal places, or more or less, according to the nature of each economy, countries resort to reducing the artificial reproduction in numbers, especially in the numbers of accounts books, budgets, and various numbers of tools.” Accounting for that after two conditions are met.”
He continued, “The first condition is price stability and global economic growth, and the second is appropriate stability in political life, so the importance of deleting zeros from the currency and slimming currency units as a necessary condition for reducing accounting numbers and facilitating arithmetic handling and the cost of managing new large numbers and the absence of small numbers and fractions, as it is noted that slimming currencies Cash comes because of its role in the sustainability of calculating huge numbers of financial values, which are not absorbed by ordinary computers due to the large number of decimal places and the emergence of many accounting errors, especially dealing with trillions, which means that one number in front of it has 12 decimal places.
butterfly Saleh believed that “the hyperinflation that hit the Iraqi economy in the nineties of the last century added three numbers to the Iraqi monetary unit (that is, one dinar became equal to a thousand dinars, and ten dinars became ten thousand dinars, and so on for the rest of the categories), while the small categories disappeared from circulation completely, but rather Every 250 fils became equal to 250 dinars, and it was considered the smallest monetary unit in circulation today, which raised the cost of micro-transactions that mostly affect the poor segments.
He added, “In this way, monetary systems aspire to remove the burden of historical inflation from the folds of the monetary unit by resorting to deleting three zeros from the old currency to equalize the new currency with lower numbers but with the same value. Let’s say, for example, that one new dinar equals 1000 old dinars without change in value or rights. .
The accounting books, statistics, numbers and computer systems are also modified with the value of the new currency within an easy and easy reform strategy, and the countries believe that the slimming of the currency system facilitates the circulation of accounting numbers and helps to issue smaller cash denominations for very small transactions whose monetary valueshave been destroyed by historical inflation in our country such as the dirham and others.
He concluded by saying, “The project to delete zeros in Iraq is still technically prepared by the Central Bank of Iraq, which is the official sectoral authority and the monetary authority concerned with this matter and in cooperation with all three state agencies and authorities, but the project is postponed at the present time until the appropriate conditions are achieved and remains part of the currency system reform strategies. and cash payments in Iraq. nnciraq.com
butterfly The Governor of the Central Bank stresses the redoubling of efforts to develop the banking business
2021-06-20 05:17 The Governor of the Central Bank stresses the redoubling of efforts to develop the banking businessShafaq News/ The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokhief, stressed on Sunday, to redouble efforts in its branches to contribute to the development of the work of banks and financial institutions.
In a statement received by Shafaq News Agency, the bank’s media office stated that the governor of the bank conducted an inspection tour of the two branches of the Central Bank of Iraq in Mosul and Erbil, and was briefed on the progress of work in them and the level of services provided to the banking sector.
Makheif stressed the redoubling of efforts in the two branches, which reflects the role of the Central Bank and its branches in promoting the banking sector and overcoming any difficulties that may hinder the contribution of banks and non-bank financial institutions to the desired development process.
And the Governor of the Central Bank, Mustafa Ghaleb Makheef, had arrived yesterday, Saturday, to the Kurdistan Region and met the Prime Minister of the Regional Government, Masrour Barzani.
A statement issued by the Kurdistan Regional Government, received by Shafaq News Agency, said that during the meeting, they discussed ways to enhance coordination and cooperation between the Kurdistan Region and the Federal Government in the field of reorganizing the banking sector and combating the financing of terrorism and money laundering.
The Governor of the Central Bank stressed that the Central Bank deals with its branch in the Kurdistan Region, which is located in Erbil, as the official concerned authority in supervising banking affairs in the region.
butterfly The Prime Minister reiterated his readiness to cooperate and coordinate with the Central Bank of Iraq, and stressed that reorganizing the banking system would constitute a strong and important pillar for developing the economic infrastructure, consolidating the investment process, and gaining the confidence of international banks and financial institutions.
shafaq.com
Dave butterfly ROcKIN NEWS!!!!.......
butterfly Dave Now if we could just get that "roll" of moola.
Dave story seems to build each passing day too....
Dave Day^
butterfly I am bad cop but still looking "possibly" 2024, if even then.
Dave Private Banking,,,,,,,,Still I gong Show
Dave butterfly Depends entirely have fast they want to get there? how fast....oops
Butterfly Dave If you listen to the conspirators, any day now......which gives me a good laugh because I've heard that same crap for years upon years now.
Dave me too .....
butterfly Nesara going to come in and remove every elected official and take over OUR government. Cray Cray.
Dave implementation of some laws would be like Magic....
21 Jun 21, 04:14 PM Dave butterfly Quite Gurus ten yrs ago.....
21 Jun 21, 04:14 PM Dave quitooop
butterfly implementation of laws is what is going to take time.....lots of time.
Dave butterfly LIGHTEN UP......
butterfly Iraq is still learning how to do things after being under a dictatorship for decades.
Dave could pass everything in the coming days.....LOL
Dave Ya right LOL FSC has the HCL/140 now????
Hello, World!
butterfly Dave Every post you make you always put ????? marks, why is that?
Dave RUMTEL....
Dave my read was FSC had it but i ,according to Kap and others have translational difficulties so never sure and opt to to be polite and ask???
butterfly Learn about the exchange rates of the dollar against the Iraqi dinar.........The exchange rates of the dollar against the Iraqi dinar recorded, today, Monday, stability in the local markets.
The selling prices of the dollar were 149,000 dinars per 100 dollars, while the purchase prices of the dollar were 148,000 dinars per 100 dollars.
The Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
Dave WE RVED!!!!
Tebow tell kap
Dave wow 20 dinar on the dollar difference......
butterfly The Judicial Committee for Elections returns 7 disqualified candidates
Monday 21 June 2021 23:19......The Judicial Commission for Elections returned 7 excluded candidates.
The assistant media spokesman in the commission, Nibras Abu Souda, said in a statement to / Nina / that: The Judicial Authority for Elections returned 7 candidates (whose names were not mentioned) out of the 20 candidates who were excluded based on Article 8, Paragraph III of the Elections Law.
butterfly Qassem Al-Araji to a Christian delegation: Iraq cannot be Iraq without all its components and sects
Monday 21 June 2021 23:24......The National Security Adviser, Qassem Al-Araji, confirmed that: Iraq cannot be Iraq without all its components and sects.
A statement by the Chancellery said today, Monday, that: The Chancellor met today with a number of clergymen of the Christian component, including members of the advisory body of the Diocese of Mar Matti Monastery in the Nineveh Plain and the Diocese of Baghdad and Basra of the Syriac Orthodox Church.
The meeting touched upon, according to the statement, the importance of promoting civil peace and communal coexistence within the one country, in light of the commonalities that bring together the sects and components of the Iraqi people.
Al-Araji stressed that: cohesion, cohesion and spreading the spirit of tolerance are characteristics that bring together Iraqis of different colors and names, pointing out that Iraq would not be Iraq without all its components and sects.
For their part, the Christian clergy affirmed that they are an integral part of this country, expressing their aspiration that Iraq will witness more security and stability, and that harmony and tranquility will prevail, and goodness prevails in all the cities of Iraq.
butterfly Tehran: It is not excluded that the next round of negotiations in Vienna will be the last
Monday 21 June 2021 23:33.....Tehran announced that it is not excluded that the next round of Vienna negotiations will be the last.
Iranian Foreign Ministry spokesman Saeed Khatibzadeh stressed that a new nuclear agreement will never be discussed and negotiated, adding that it is not excluded that the next round of Vienna negotiations will be the last.
On the nuclear negotiations, Khatibzadeh said in response to a question about reports that The agreement will happen under the next government in the country: “We do not support such reports, and they are not even close to reality. Iran's policy is never to delay lifting the embargo if it is possible.”
butterfly Although negotiations will reach a conclusion during the current government period (which has about a month and a half left), he said: The diplomats are optimistic individuals, but it is too early to judge in this regard, and we should see whether Political decisions will be made by all parties or not.
The text is not ambiguous and we have reached a clear text in all work teams. What remains is more in need of political decisions than that of negotiation, and if decisions are taken, we can hope that we are in the final round.”
Khatibzadeh indicated that, the best that America can think of is to give the necessary guarantees to return to the nuclear agreement and not to violate Resolution 2231. again."
In response to a question that the Iranian negotiating delegation considered reaching an agreement subject to removing the names of individuals from the US ban list, the Iranian official stressed that, these reports are not correct, as Iran has never contingent upon reaching an agreement on the names of individuals, and that Iran's principled policy is to remove all forms of The ban contained in the nuclear deal.
butterfly He added, "In the Vienna negotiations, we do not accept more commitment from the nuclear agreement, and we do not accept less benefit than what was stated in the agreement." The experience of the nuclear agreement has proven that they have invoked some names for not carrying out commercial affairs with Iran.
The Iranian Foreign Ministry spokesman also confirmed that all inspections outside the framework of the safeguards agreement by the International Atomic Energy Agency are now suspended, but inspections within the framework of safeguards are still continuing. If we reach an agreement, we will put the cameras and video tapes recorded with them at the agency’s disposal.”
butterfly Parliamentary hosting of the President of the National Retirement Authority next Wednesday
Monday 21 June 2021 22:57.....The Parliamentary Committee for the Follow-up to the Execution of the Governmental Program and Strategic Planning will host the head of the National Retirement Authority next Wednesday.
A parliamentary statement stated that: It is hoped to discuss the unified retirement law and its problems and the possibility of amending some of its paragraphs and approving them in the House of Representatives to ensure the rights of employees and the proper application of the law.
He added: It will be emphasized the need to reconsider the low salaries of retirees, which are not commensurate with the high cost of living and the difficult conditions experienced by the citizen since the change in the exchange rate of the dollar, especially since there is financial abundance as a result of the high selling prices of oil.
butterfly Digital Media Center: A new campaign for the Twitter platform on electronic armies
Monday 21 June 2021 23:02.....The DMC Digital Media Center stressed the need for Twitter users to confirm their accounts on the Twitter platform before the account is deleted by the company.
The center explained in a statement that: Users must put their phone number in their accounts or confirm their password, otherwise the account will disappear.
And he indicated that: Twitter will launch a campaign against fake accounts, especially those that do not have a phone number or email.
The center confirmed that: users will see alerts from Twitter asking them to confirm their password or mobile phone number, and this request must be responded to, otherwise the account will be deleted
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