Zig’s Place Chatroom News Wednesday 9-22-21

Zig’s Place Chatroom News Wednesday 9-22-21

Zig:  Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Sheila  good morning all   Hope and Prayers for this great day. Waiting for Friday afternoon. We need a linchpin event!

Zig   sheila : To what event are you referring?

Sheila   Zig Any event that would launch this revaluation.

Zig   sheila : Why Friday afternoon?

Sheila  Zig Last Friday in this month.

Sheila   Zig Not many days left in this month.

butterfly   https://ninanews.com/Website/News/Details?key=928521

Central Bank Governor: We are working to activate payment systems through financial inclusion to reach all citizens   Wednesday 22 September 2021 13:48

butterfly   The Governor of the Central Bank of Iraq, Mustafa Ghaleb, said that we need to combine the state's measures to ease and reduce by launching a clearly defined strategy and starting with commodities that have an advantage, such as agricultural products.

In his speech during the annual conference of the financial and banking services exhibition, he added that it is not hidden from everyone that the central bank plays an important role in achieving macroeconomic balance in light of the conditions that have passed since 2019 until now through various monetary policy tools, we have faced many challenges. The most important of these are the drop in oil prices and GDP, the high budget deficit of the state and the high volume of the internal public debt.

To stimulate economic activity and reduce unemployment, the bank launched an initiative with an amount of more than 5 trillion dinars, in addition to the previous initiative launched in 2015 to stimulate the various industrial and agricultural sectors, services and housing in a balanced manner with reduced interest rates and sometimes without interest, as in the housing sector by achieving an economic renaissance.

And between the Governor of the Central Bank, that we need a concerted state action by reducing and launching a clear strategy and starting with commodities that have an advantage such as agricultural products.

butterfly    And he indicated that the Central Bank deducted treasury transfers 2020 and 2021 to finance the dues of the Ministry of Finance, despite the increase in debt and the negative impact, but it is a historical necessity to find a solution to the financial crisis that the country went through and to cross to safety.

He stressed that the Central Bank is working with the Ministry of Finance to reform government banks, as well as activating payment systems by activating financial inclusion and access to services to all citizens, as the number of accounts doubled from 3 million in 2019 to 6 million in 2020, and the number of electronic cards also increased From 10 million to 12 million cards.

He pointed out that as part of the Central Bank's efforts to combat money laundering and terrorist financing, it has succeeded in establishing an integrated system through the issuance of the Anti-Money Laundering Law No. 39 of 2015 and the Anti-Money Laundering and Terrorist Financing Office was established and issued several decisions that contributed to Iraq's exit from the gray area it issues.

You missed, and the Central Bank seeks to establish a sovereign fund for future generations in which state institutions and oil revenues contribute. The presence of the sovereign fund reduces the potential risks in light of oil price fluctuations and contributes to building a secure future for future generations.

With regard to the issue of digital transformation, the Governor of the Central Bank confirmed that the bank is working on developing technical infrastructure and cybersecurity, automating services, and setting and opening electronic wallets.

butterfly   https://www.shafaq.com/en/Economy/Iraq-to-launch-its-first-satellite-in-its-airspace Iraq to launch its first satellite in its airspace 2021-09-22 06:10

Shafaq News/ the Iraqi Minister of Communications Arkan Shahab al-Shaibani said Iraq would soon launch the first local satellite.

During the cyber security conference, Al-Shaibani confirmed that Prime Minister Mustafa Al-Kadhimi directed to launch the first satellite in the Iraqi airspace. “This step represents the prestige and sovereignty of the state.”

The Minister added that this action aims to “keep pace with changing technology in the telecommunications sector.”

Doug_W   it sure is quiet today

TWW   sheila I am doing very well, thanx...M-F I am in a Hyper Baric Oxygen Chamber for the nxt 4 wks. Yes Good Dayz are coming & mayb soooonner...how hav u been??

TWW   NDA starting spilling out now PACNW

Sheila  TWW Which hospital for HBOT? Not clear on NDA what you mean "spilling out"?

butterfly  https://www.thenationalnews.com/mena/iraq/2021/09/21/3500-year-old-gilgamesh-tablet-to-return-to-iraq/ 3,500-year-old Gilgamesh tablet to return to Iraq

The 'Epic of Gilgamesh' was acquired by US collector David Green in 2019

butterfly   truly amazing to view that tablet. You will have to click on the URL to see it.

professor dinard   Maybe the real value of the dinar are the friendships we made having them  :)

professor dinard   What do you amigos think will happen with housing market in near future?

Sheila   professor dinard disaster capitalism hits again as planned

UNEEK   “It’s easier to feel a little more spiritual with a couple of bucks in your pocket.”― Craig Ferguson

“Every time you borrow money, you’re robbing your future self.” — Nathan W. Morris

“The stock market is filled with individuals who know the price of everything, but the value of nothing.” — Philip Fisher

“Wealth is not his that has it, but his that enjoys it.” — Benjamin Franklin

“Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each.” — Christopher Rice

UNEEK   “Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” – Benjamin Franklin

“Money is a terrible master but an excellent servant.” – P.T. Barnum

“Try to save something while your salary is small; it’s impossible to save after you begin to earn more.” — Jack Benny

“Wealth is the ability to fully experience life.” — Henry David Thoreau

“The individual investor should act consistently as an investor and not as a speculator.” — Ben Graham

. “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas. — Paul Samuelson

“I’m a great believer in luck, and I find the harder I work the more I have of it.” — Thomas Jefferson

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