Frank26 Dinar Recaps 20 Frank26 Dinar Recaps 20

Frank26 Saturday Night "Let's Roll" 9-28-19

Thank you Frank

.KTFA:

Frank26:  LET’S ROLL - 9-28-19

This video is all in Franks Opinion

F26:  All the articles you are reading today look good…but it’s OLD NEWS..It’s been done , overdone, it’s done. All I am waiting for is for them to  announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website….That’s all I am waiting for, and that’s all my teams are waiting for……nothing else. The evidence out there is too strong to ignore.

F26:  Delta came on today with …..

DELTA:  HUGE DEMONSTRATION IN IRAQ  ON 10/01 ...START FROM  AL SADAR CITY..GOV BETTER ACT FAST .... EVEN AL SADAR CAN'T TAKE IT ANYMORE..

DELTA: IMO this demonstration is going to be the biggest one ever in Iraq…millions of people. I think this is the CBI last chance to get this done.

Thank you Frank

KTFA:

Frank26:  LET’S ROLL - 9-28-19

This video is all in Franks Opinion

F26:  All the articles you are reading today look good…but it’s OLD NEWS..It’s been done , overdone, it’s done. All I am waiting for is for them to  announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website….That’s all I am waiting for, and that’s all my teams are waiting for……nothing else. The evidence out there is too strong to ignore.

F26:  Delta came on today with …..

DELTA:  HUGE DEMONSTRATION IN IRAQ  ON 10/01 ...START FROM  AL SADAR CITY..GOV BETTER ACT FAST .... EVEN AL SADAR CAN'T TAKE IT ANYMORE..

DELTA: IMO this demonstration is going to be the biggest one ever in Iraq…millions of people. I think this is the CBI last chance to get this done.

F26: So this huge demonstration starts in Al Sadar city…..if they don’t get this done by Oct 1st….IMO they are really going to hear from the citizens. IMO the CBI and the GOI are in cahoots for the introduction of their monetary reform.

F26: On Oct. 1st the Nasdaq is waiting for the Iraqi dinar to show up …..so they had better be there.

RB:  End of everyone's fiscal year is September 30th y'all.

MJ: Happy new fiscal year

RPandP:  Huge event coming with the citizens demonstrating!

Z:  ​Everything Saleh said at U.N. is worthless without a reinstated currency OCT.1 GOLD IQD?

C: Which situation is most likely to force the CBI to post their new IQD rate - NASDAQ launch, new WTO status, 2020 budget, current HCL calculations, Fab 4 pressure, Iraqi constitutional mandate(s)?

Z:  IRAQ + NASDAQ = BIG TIME!!

Note: Be sure to listen to the replay to hear all the news and the Q&A tonight

https://www.youtube.com/watch?v=o0NCjfekf8A

https://youtu.be/o0NCjfekf8A?t=2

 

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Chats and Rumors, Economics, Frank26 Dinar Recaps 20 Chats and Rumors, Economics, Frank26 Dinar Recaps 20

Frank26, X22, TNT and more Thursday Night 9-26-19

.KTFA:

Frank26:   ISE........ESE. 9/26/19

September 26, 2019

F26:  SOMETHING HAPPENED ABOUT 3 MONTHS AGO ON A FEW CONVERTOR SITES…. XE.COM FOR INSTANCE

XE PUT THIS UP ON THEIR SITE ABOUT 3 MONTHS AGO…….. TIMING..............

WE FOUND 2 MORE AREAS OF INTEREST THAT DEAL WITH THE IQD THAT SAY THE SAME THING…. INCLUDING XE........THAT MAKES 3……. WE PAY ATTENTION TO THIS

WHY TAKE DOWN THE IQD RATE?     PATTERNS... BECAUSE OF TIMING..........IT'S THE RIGHT TIME IMO........."FRANK26"

KTFA:

Frank26:   ISE........ESE. 9/26/19

September 26, 2019

F26:  SOMETHING HAPPENED ABOUT 3 MONTHS AGO ON A FEW CONVERTOR SITES…. XE.COM FOR INSTANCE

XE PUT THIS UP ON THEIR SITE ABOUT 3 MONTHS AGO…….. TIMING..............

WE FOUND 2 MORE AREAS OF INTEREST THAT DEAL WITH THE IQD THAT SAY THE SAME THING…. INCLUDING XE........THAT MAKES 3……. WE PAY ATTENTION TO THIS

WHY TAKE DOWN THE IQD RATE?     PATTERNS... BECAUSE OF TIMING..........IT'S THE RIGHT TIME IMO........."FRANK26"

XE Delta Post LINK 

RL:  also cbi site has gone down multiple times this month

ML:  Rate testing?

RL:  testing system for the last time before going live?

AM:  Recalculate...Recalculate...Recaculate...

KK:   launch! Implement! Action! Assert! International!!!!

Iobey777:  ​Go Iraq!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Today’s Firefly77 Report:  On Iraqi TV today the CBI is saying to us, the citizens….that they have unified all databases with the Kurdistan area with Baghdad.  The main branch of the Central Bank of Iraq and NEX.(?) They will be working on Musol, and they are talking about the importance of being able to do transactions now in real time with this database…..It’s all linked up

F26: Do you know what they are talking about? Do you understand why the CBI is telling the citizens that all banks now have the same database?  Because they are international now and they are under Article 8 . And they are about to tell the world by simply changing it…that they have a new exchange rate. It doesn’t have to be a big announcement. When the media finds out, they are going to take it and run with it.

Please listen to the replay for all of Franks news………

https://www.youtube.com/watch?v=pqEQmF7TwN0

TNT:

Carlosisan:  imo - I believe the ptb is holding the rv to coordinate with the new fisal year (oct 1).

Vinterv:  Carlosisin...Tony made mention of that possibility on the call...but, who knows

RVAlready:  I imagine we will see the implosion of the Fed, and an executive order to replace it by the 30th. It is bleeding between 75 and 100 billion per day right now.

Briona:  rvalready, getting rid of the Fed, as it is now, cannot happen soon enough for me.

Courtesy of Dinar Guru

Frank26:   Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq  and this timing is perfect...

I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...

**************

Kaperoni:   ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country.

If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.

**********************

Economic Control Belongs To The Patriots, [CB] Days Are Numbered - Episode 1980a

X22 Report:   Sep 26, 2019

https://youtu.be/hepWHnMd3ng?t=5

[DS]/MSM Scrambling, Patriots Getting Ready To Strike Again - Episode 1980b

X22 Report:   Sep 26, 2019

https://youtu.be/FpkrV01IE3M?t=1

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Frank26 and KTFA Members "Good Morning ISE" 9-25-19

.KTFA:

Iobey777:  WOW!!! Once again..from last night's video...Iraq could not be accepted into the WTO unless they have raised the value of their currency!!! IMO...Congrats, IRAQ!!!

Dr.. Ammar Mahmoud Hamid al-Rubaie *: Establishing the rules of the social market economy in Iraq and its role in the successful accession to the World Trade Organization http://iraqieconomists.net/en/September

Don961:  FOREIGN TRADE AND IRAQ'S POSITION IN THE MAIN INTERNATIONAL ECONOMY

22/09/20190

Iraq's accession to the multilateral international trading system appears to be of great importance, as it allows it to benefit from a clear and transparent trading system and the mechanism for resolving trade disputes on a collective basis away from unilateral trade reprisals, especially with large international actors. 

KTFA:

Iobey777:  WOW!!! Once again..from last night's video...Iraq could not be accepted into the WTO unless they have raised the value of their currency!!! IMO...Congrats, IRAQ!!!

Dr.. Ammar Mahmoud Hamid al-Rubaie *: Establishing the rules of the social market economy in Iraq and its role in the successful accession to the World Trade Organization http://iraqieconomists.net/en/September

Don961:  FOREIGN TRADE AND IRAQ'S POSITION IN THE MAIN INTERNATIONAL ECONOMY

22/09/20190

Iraq's accession to the multilateral international trading system appears to be of great importance, as it allows it to benefit from a clear and transparent trading system and the mechanism for resolving trade disputes on a collective basis away from unilateral trade reprisals, especially with large international actors. 

Joining the Organization is a state certificate of discipline and the adoption of international standards, which gives Iraq a commercial and economic image of recognition and acceptance, especially as Iraq is living in a state of confusion in laws, instructions and investment and commercial decisions, and this makes it line up within the unified legislative system, which creates an attractive party to deal Based on the trust given by the organization as it takes its agreements and principles towards the possibility of attracting foreign investment and technology as well as the possibility of export and marketing, which is called market access.
To continue reading click on the following link

Ammar al-Rubaie - Social Market Economy - Editor

link

****************************

Frank26:  GOOD MORNING ISE 9-25-19

https://www.youtube.com/watch?v=7Az6lcAh1wQ

Samson:  "Oil for reconstruction" new Iraqi-Chinese agreement
25th September, 2019

The Iraqi delegation's visit to China resulted in the signing of eight agreements and memorandums of understanding between the Iraqi and Chinese governments in Beijing on Monday

The most prominent of these agreements was the "Arithmetic Credit" agreement, which guarantees oil for reconstruction, and was signed on the sidelines of the World Industrialization Conference in the city of "Hefei" Chinese

Under the agreement, 100,000 barrels per day will be deducted to China, in return for Chinese companies implementing strategic projects such as roads, railways, hospitals, schools, housing complexes, ports, energy, dams, infrastructure and others

Iraq is counting through the "oil for reconstruction" agreement to rebuild its cities in a record period, and accelerate the wheel of development, reconstruction and construction

China attaches great importance to its relations with Iraq, considering it a "strategic and essential partner in the Middle East   LINK

*******************

 Don061: Digital Media Center: Trump speech causes heavy losses to tech companies

25-09-2019 09:41 PM

BAGHDAD (
Reuters) - The largest technology company in the United States has lost billions of dollars in market value because of US President Donald Trump's speech to the United Nations, the Digital Media Center said Wednesday

Trump's speech cost Facebook, Amazon, Apple, Netflix, and FT, the owner of Google, a total loss of $ 58 billion, with Netflix losing 4.3%, Facebook losing 3%, Amazon 2.5% and Google. 1.3%, and Apple 0.5% according to Business Insider

The Center noted that Trump in his speech attacked the companies that owned social media platforms and said that they had tremendous authority over what we can see and about what we can say, and that a free society will not allow the giants of social networking sites to silence the views of people    link

Samson:  Trump: We are seeking an exceptional business deal with Britain

24th September, 2019

US President Donald Trump said he is working with the British Prime Minister to hold a new trade deal between the United States and the United Kingdom after Albraikst

US President Donald Trump said in his speech to the UN General Assembly on Tuesday: "With Britain's preparations to leave the European Union, I made clear that we are ready to complete a new and exceptional trade agreement with the United Kingdom

The US president described the potential trade deal with Britain as "fantastic," adding that it would bring enormous benefits to both countries

Trump's comments come with serious doubts about the possibility of Britain's exit from the European Union by the end of next month after parliament succeeded in blocking Brexit without a final deal

Britain's Supreme Court declared today that Boris Johnson's decision to suspend parliament was illegal, noting it was unusual and occurred in exceptional circumstances   LINK

*******************

Samson: Lagarde rules out global recession despite risks

25th September, 2019

The head of the International Monetary Fund believes that the global economy is likely to avoid a full recession, even though trade tensions remain at the top of the threats to growth prospects

Christine Lagarde told Bloomberg on Tuesday that economic growth rates were moderate and were in danger as a result of one major threat: a trade war that was increasing, brewing and causing uncertainty for investors

The IMF has lowered global economic growth forecasts several times recently, most recently in July, where the global economy is now expected to grow at 3.2 percent this year

Lagarde also talked about her next position as ECB president and said she was hesitant to take over the ECB because she had not played this role in the monetary policy industry before, but agreed after talking to former bank presidents who supported her position

Lagarde is expected to take over the presidency of the European Central Bank later this year, after the term of incumbent President Mario Draghi ends

As for Lagarde's vision of Brexit, he said he was perplexed by what would happen in Britain   LINK

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TNT, Frank26, X22 and more Tuesday Night 9-24-19

.TNT:

Harambe:  Whitehouse.gov: Remarks by President Trump and President Salih of Iraq Before Bilateral Meeting (9/24/19)

Transcript of Video:

Lotte New York Palace   New York, New York

3:32 P.M. EDT

PRESIDENT TRUMP:  Well, thank you very much.  We’re glad to be joined by the President of Iraq and his representatives.  And I will say that we’ve had a very good couple of meetings with Iraq.  We’re doing well with Iraq.  It’s been a very long and complicated but friendly relationship, especially over the last little while.   I was in Iraq a little while ago, as you know.  And it’s fascinating what’s taking place.

So we’re going to — we have a lot to talk about.  There’s things to talk about that we can’t talk about in front of you, but we have a lot of good things to talk about.  And you’re doing a fantastic job.  Thank you very much.

TNT:

Harambe:  Whitehouse.gov: Remarks by President Trump and President Salih of Iraq Before Bilateral Meeting (9/24/19)

Transcript of Video:

Lotte New York Palace   New York, New York

3:32 P.M. EDT

PRESIDENT TRUMP:  Well, thank you very much.  We’re glad to be joined by the President of Iraq and his representatives.  And I will say that we’ve had a very good couple of meetings with Iraq.  We’re doing well with Iraq.  It’s been a very long and complicated but friendly relationship, especially over the last little while.   I was in Iraq a little while ago, as you know.  And it’s fascinating what’s taking place.

So we’re going to — we have a lot to talk about.  There’s things to talk about that we can’t talk about in front of you, but we have a lot of good things to talk about.  And you’re doing a fantastic job.  Thank you very much.

PRESIDENT SALIH:  Thank you.

PRESIDENT TRUMP:  Thank you.

PRESIDENT SALIH:  Thank you.

PRESIDENT TRUMP:  Please.

PRESIDENT SALIH:  It’s an opportunity, Mr. President, to reaffirm our gratitude to the United States and the international coalition that has come to help us overcome the tyranny of ISIS and terrorism.

This was an amazing battle.  And Iraqis were in the forefront of this battle, but your support has been absolutely crucial, and we appreciate it.  Now, the task of rebuilding Iraq, reconstructing Iraq, affirming the sovereignty of Iraq, and being a partner in the neighborhood for a more stable Middle East is a hope and an aspiration that we look for the help of the United States and the help of the international community.

PRESIDENT TRUMP:  Well, I understand.  And it has been a great achievement.  We took 100 percent of the caliphate from ISIS.  And ISIS — now we have thousands and thousands of people that we’ve captured.  These people have done a lot of destruction, not only in that area, in a lot of other areas.  But, as you know, we have thousands of people.  We’ll talk about that also because we’re going to have to do something — put them on trial, et cetera, et cetera.

But we’ve captured thousands of ISIS fighters and taken back 100 percent of the caliphate.  And when I first became President, it was a mess.  It was a big mess.  And we — we all worked together and we got it done, but it was a great achievement, so we appreciate that.  And we look forward to our discussion.

Thank you.  Thank you very much.

Q    Thank you.  Mr. President, good to see you.  Iraq has declared that it won’t allow its territory to be used as a launching pad against its neighbors.  Can you assure us that you can control all the rogue elements, especially with the (inaudible), especially that we have two rockets landing?

PRESIDENT SALIH:  It’s our sovereign responsibility.  It’s our sovereign responsibility to abide by our constitution, not — Iraq not to be used as a base for any threat against our neighbors.  It is work in progress, and Iraq has been a constructive player in the neighborhood, trying to assure all our neighbors that the stability and sovereignty of Iraq is a common interest.

And a lot of things, in that regard, is happening, and I’m looking forward to talking to the President about it.

Q    Mr. President, the French President just now said that it’s time to negotiate with Iran.  Do you believe that the time is now to negotiate with Iran?  And are you going to meet with him today?

PRESIDENT TRUMP:  Well, they would like to negotiate.  We haven’t really worked that out.  They’re here, we’re here, but we have not agreed to that yet.  But they would like to negotiate.  And it would certainly make sense, but we have not agreed to that yet.

Q    Are you meeting with Mr. Macron?

PRESIDENT TRUMP:  He’s also talking to us.  A number of people are.  So is Prime Minister Khan of Pakistan and a lot of people; Chancellor Merkel — just left Chancellor Merkel.  And she’s very much involved.  We have a lot of people involved.  A lot of people would like to get us to the table.  We’ll see what happens.  But, so far, we have not agreed to a meeting.

Q    President Trump —

PRESIDENT TRUMP:  Say it?

Q    Have you asked Prime Minister Khan to mediate with Iran?

PRESIDENT TRUMP:  Well, he’d like to do that, and we have a very good relationship.  And there’s a chance that that could happen.  But, no, I haven’t spoken.  He actually asked me.  He thought it would be a good idea to meet.

And we’re here.  We’re in New York together.  And we have the time to do it, although we’ve done a lot of bilats in the last two days.  We’ve had tremendous success.  I was treated very nicely on the speech.  A lot of good reviews on what we had to say.  And so, I appreciate that.  The media was actually very good on the speech.

Q    Mr. President, your reaction to Speaker Pelosi saying today that she is moving toward an impeachment announcement later this afternoon?

PRESIDENT TRUMP:  Well, I haven’t heard this.  Look, it’s just a continuation of the witch hunt.  It’s the worst witch hunt in political history.  We have the strongest economy we’ve ever had.  We have the best unemployment numbers we’ve ever had.  African American, Asian American, Hispanic American, lowest in history.  Best numbers we’ve ever had.  Our country is doing phenomenally well.

We have rebuilt our military to the tune of $2.5 trillion.  We have the strongest military on Earth.  If you look at the vets, if you look at any group, they’re doing fantastically well.

So the country is doing the best it’s ever done, and I just heard that she’d like to impeach.  We also just had Rasmussen, as you heard, just came out with a poll.  We’re at 53, and they say 53 plus maybe 10.  A lot of people say that, because you add about 10 percent to the Trump polls because some people don’t want to talk; they just want to go out and do it, and they know what’s good.

Our country is doing the best it’s ever done.  They’re going to lose the election and they figure this is a thing to do.  This never happened where we’re in the election, and — I mean, if she does that, they all say that’s a positive for me, for the election.  You could also say, “Who needs it?”  It’s bad for the country.  Then they wonder why they don’t get gun legislation done.  Then they wonder why they don’t get drug prices lowered.  Because all they do is talk nonsense.  No more infrastructure bills.  No more anything.  All they do — that’s all they do.

You watch Jerry Nadler and Schiff — you know, Schiff has been doing this stuff for three and a half years.  It’s the craziest thing anybody has ever seen.

And other countries — like today we’re with Iraq and we were with other countries during the day, and every one of them says how crazy it is.  We have the strongest country in the world, the best economy we’ve ever had.  And she’s talking impeachment.  So I think that — and, by the way, she hasn’t even seen the phone call.  The phone call was perfect.  The call that wasn’t perfect and the words that weren’t perfect were Joe Biden with respect to his son.  And his son takes away millions of dollars out of Ukraine, and millions of dollars out of China, and you don’t talk about that.  It’s a real disgrace.

But the good news is, the voters get it.  This is why they say it’s good for the election.  But you know what?  It’s bad for the country.  What she’s doing is very bad — if it’s true.  I can’t even believe that it’s true.  How can you do this and you haven’t even seen the phone call?

The whistleblower, they say, was second-hand or third-hand.  And it was reported — I have no idea who the whistleblower is.  I guess I could find out.  Maybe I couldn’t find out.  But they say it was a very partisan person — the whistleblower.  But it was second- or third-hand.  Never heard the call.

But I have better than that.  We have the whole transcript of the call, which will be released tomorrow.  And comments will be put with respect.  It was a perfect call.  There was no quid pro quo, unlike Biden.  There was no nothing.  It was a perfect call.  A very nice call.  And, in fact, I thought this was very nice.  Ukraine just came out.  It made a very good statement.  It was a very good call.  There was no pressure put on them whatsoever.

Thank you all very much.  Appreciate it.  END

 https://www.whitehouse.gov/briefings-statements/remarks-president-trum​p-president-salih-iraq-bilateral-meeting-new-york-ny-2/

*******************

KTFA:

Frank26: TIMING IS EVERYTHING

September 24, 2019

https://youtu.be/73sKliV1LvU?t=6 

The Future Does Not Belong To The Globalists Anymore - Trump - Episode 1978a

X22 Report:  Published on Sep 24, 2019

https://youtu.be/MXXPlC7suF4?t=4

[DS] Took The Bait, They Are Going For It, Wait For It, Boom - Episode 1978b

X22 Report:  Published on Sep 24, 2019

https://youtu.be/oBzT7CY5A_s?t=3

World PMI's Sink Into Contraction! Manufacturing Recession Sparks Panic Silver Buying

Silver Report Uncut:  Published on Sep 24, 2019

Economic collapse news. What caused the silver rally on Monday (silver gained 3.5% leading commodities)well the answer is simple first thing in the morning German pmi showed the countries manufacturing sector remained in Contraction signaling a technical recession since it's been longer than two months.

The problem is it is getting much worse. Now Monday ended with dollar strength and silver price gaining 3.5% on the day.

 We see that safe haven demand is alive and well in the precious metals markets. Hopefully this is a precursor to the days ahead for silver price because the headlines are not getting any better.

https://youtu.be/lfglCCq0NYE?t=2

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KTFA Monday CC and Tuesday News 9-24-19

.KTFA:

Clare:  DEFINITELY LOVE HOW YOU PORTRAYED WHAT'S GOING ON WITH THE LD'S, CBI READY TO GO...LAUNCH TIME!!! IYO

Salamon69:   Good teaching tonight Frank....  Firefly 77 is providing golden information...

Now it makes sense why they are asking citizens to bring in the 250, 500, and 1000 dinar note to give them crispy new ones  and why they will coexist with the new notes...

Move the decimal place over 3 zeros and you have 25 cents, 50 cents, and 1 dollar...   BRILLIANT

All to transition as they roll out the lower notes and fills in the coming months.  And they have their Visa cards just like we have here in USA that they will use....

Everything now is clockwork

Walkingstick,  pray for your healing and much peace.  You are a blessing.

Delta's excitement !

God is GOOD and we are seeing the ROSE bloom in front of our eyes!

KTFA:

Clare:  DEFINITELY LOVE HOW YOU PORTRAYED WHAT'S GOING ON WITH THE LD'S, CBI READY TO GO...LAUNCH TIME!!! IYO

Salamon69:   Good teaching tonight Frank....  Firefly 77 is providing golden information...

Now it makes sense why they are asking citizens to bring in the 250, 500, and 1000 dinar note to give them crispy new ones  and why they will coexist with the new notes...

Move the decimal place over 3 zeros and you have 25 cents, 50 cents, and 1 dollar...   BRILLIANT

All to transition as they roll out the lower notes and fills in the coming months.  And they have their Visa cards just like we have here in USA that they will use....

Everything now is clockwork

Walkingstick,  pray for your healing and much peace.  You are a blessing.

Delta's excitement !

God is GOOD and we are seeing the ROSE bloom in front of our eyes!

********************

Monday Night KTFA CC 9-23-19

PLAYBACK : 605.313.5163    PIN: 156996#

https://fccdl.in/p6tCbwLc76

*********************

Samson:  US, China to resume trade talks next week
24th September, 2019

US Treasury Secretary Stephen Mnuchin said trade talks between the United States and China would resume next week in Washington, adding that the Trump administration had asked Chinese officials to cancel a visit to US agricultural areas

Speaking to reporters next to President Donald Trump at the UN General Assembly in New York, Mnuchin said the cancellation of the trip to the farms "was at our request

Both Mnuchin and Trump said China had pledged to buy large quantities of US agricultural goods

LINK

Samson:   Iraq's most important agreement with China revealed

9/24/2019 9:22

A source close to the government, on Tuesday, revealed the most important agreement concluded by Iraq with China during the recent visit of Prime Minister Adel Abdul Mahdi at the head of a large delegation to the Chinese Republic, which lasted five days.

The source told Al-Sharq al-Awsat newspaper that the framework agreement for spending through the financial trust fund is among the most important agreements concluded with the Chinese side.

He added that "China, according to the recent agreements will be one of the largest importers of Iraqi oil, and today imports up to 800 thousand barrels of oil per day from Iraq and I expect to rise to one million next year."    LINK

******************

Samson:  Iraqi delegation concludes visit to China

2019/23/09 22:12

Prime Minister Adel Abdul Mahdi and his accompanying delegation concluded his official visit to the People's Republic of China back to Baghdad, according to a statement of the Information Office of the Prime Minister.   LINK

*****************

Samson:  Oil prices fall on concerns of falling demand

9/24/2019 10:59

Oil prices fell on Tuesday as weak manufacturing data in Europe and Japan focused market attention on a bleak outlook for demand and kept it out of the uncertainty surrounding supply disruptions in Saudi Arabia.

By 06:24 GMT, Brent crude futures were down 40 cents at $ 64.37 a barrel, while US West Texas Intermediate crude futures were at $ 58.31, down 33 cents. "The demand side of the equation is back into focus," said Michael McCarthy, chief market analyst at CMC Markets in Sydney, citing faltering manufacturing figures in major economies in Europe as well as Japan. "That's why we're seeing a little bit more [downward] pressure on Brent than West Texas right now," he said. However, oil prices remain at relatively high levels since the start of the year following a September 14 attack on Saudi Arabia's largest oil processing plant, which halved production by the world's largest exporter.

Saudi Arabia has recovered more than 75 percent of its crude production losses after attacks on two of its facilities and will return to full quantities by early next week, Reuters reported. But the Wall Street Journal reported on Monday that reforms at the two facilities could take longer than expected in months. Mike Tran, a commodities expert at RBC Capital Markets, said in a note that increased US oil exports to Asia to replace Saudi crude and lower US imports from Iraq meant US oil inventories could fall short of expectations.   LINK

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Samson:  Former Treasury manager of Babylon arrested for embezzlement of state funds
24th September, 2019

A local source in the province of Babylon, on Monday, the arrest of the former treasurer of Babylon province on charges of embezzling state funds during a visit to Iraq.

The source said in an interview with Alsumaria's News, he said that "security force arrested the director of the treasury of Babylon, former Hamza Jawad Kazem al - Dulaimi, who issued an arrest warrant against him on charges of embezzling state funds during his visit to Iraq", without giving further details.

It is said that the Iraqi judiciary issued an earlier arrest warrant against the treasury director of the province of Babylon , the former Hamza al - Dulaimi.   LINK

****************

Samson:  The Central Bank announces amendments to the controls on the declaration of funds entering and leaving Iraq

24th September, 2019

For the sake of the Central Bank of Iraq to clarify the instructions and regulations for the
declaration of funds entering and leaving across the Iraqi border.

 The Central Bank of Iraq / the Council for Combating Money Laundering and Financing of
Terrorism, would like to announce the first amendment to the rules for the declaration of
funds when they are entered or taken out across the Iraqi borders, published in the Iraqi
Fact Sheet No. 4551 dated 19/8/2019, before they enter into force on February 2020, to
spare citizens and travelers legal accountability for the irregularities stipulated in those
controls during the transfer of funds across the border .

 Central Bank of Iraq   information Office  2019/9/24

 »  For the first amendment to the regulations permit funds No. ( 1 ) for the year (2019)
... Click here
 
Translation...In accordance with the provisions of paragraph (IV) for the period (7) and the provisions
of Matn (1) b (2) of the Anti Money Laundering and Terrorist Financing No. (3) for the
year 2012, we issued the following controls:

Regulations on the declaration of funds upon entry and exit across the Iraqi border No. (1) for the year ۲۰۱۷. Mali shall be added to the continent (5) of the controls, and item (c) shall have: That the funds
being transferred are illicit funds;

(E) Amount allowed to be dissolved or removed from and into the territory of the Republic of Iraq, including  or the amount below (۱۰۰۰۰) (ten thousand US dollars or its equivalent in other currencies.

Color declared by amounts more than (۱۰۰۰۰) (ten thousand US dollars) to twenty
thousand US dollars) subject to the declaration, with the need to show what the
purpose of the introduction or absent these amounts, and in the absence of supporting
documents, the traveler will make a commitment to bring those documents after (8)
days from the date of the declaration

Member body At | "(C) It is forbidden to enter or remove an amount exceeding (۲۰۰۰۰)
(twenty thousand US dollars or its equivalent in other currencies, and the process of
entering or taking such amounts through financial institutions.

3. These controls shall be implemented after (1) months from the date of their publication in the Official Gazette. Ali Mohsen Ismail Chairman of the Anti-Money Laundering and Terrorist Financing Council
Governor of the Central Bank of Iraq Agency

https://cbi.iq/news/view/1292

OlLar:  I like the change in Language, it seems before these restrictions gave an amount in USD and an amount in other currencies including the IQD, now it's, USD and an EQUIVALENT amount in other currencies, that leaves the door wide open for any rate change. IMO

Samson:  Six thousand imaginary projects since 2003 cost Iraq about 200 trillion dinars
24th September, 2019

An official source revealed that since 2003, there are 6,000 imaginary projects in Iraq, indicating that 30% of them are sponsored by the United States.

The source said that "the number of fake projects in Iraq since 2003 (after the US-British entry), and up to this year, more than 6,000 projects," noting that "the amounts incurred by Iraq because of this amount to about 200 trillion Iraqi dinars (about 178 Billion dollars) over the past 16 years."

He added that "30% of the fake projects were sponsored by the Americans, and there are officers and various American rings involved with them," adding that "70% of these projects were in the time of successive governments after the departure of Americans."

 He added that "among these projects, residential and tourist compounds and other services laid the foundation stone for them, but ended up unknown and did not see the light, although the amounts were spent from the public budget."

On whether the current government has the ability to open this file, the source said, "It will be a very dangerous file, because many political leaders are involved in it."

He stressed that "the government to hold accountable spoilers and recover the money looted from the state treasury because of those projects that did not have a reality on the ground."

 For his part, MP Alaa al-Rubaie, said that "the Ministry of Education since 2011 demolished 1500 schools across Iraq, on the basis of building new schools replaced," pointing out that "up to the moment did not establish one of them, and included in the fake projects, and the ministry has not held accountable negligent And corrupt in this project, which is now in the cabinet."

He continued that "Iraq needs more than 10,000 schools, and we are coming to a new school year, but there is a shortage of school buildings reflected negatively on education in Iraq."  

 Al-Rubaie stressed that "the explosive budgets allocated huge funds for the establishment of large projects, but in fact that nearly 2000 projects did not see the light, has not been built up to this moment, including hospitals, schools, road projects and other projects stalled."

Since 2004, Iraq's national income is estimated at more than $ 1 trillion, depending on oil revenues exported in the same period.  So far, however, the country suffers from poor health, education and services such as water and electricity. breeze. LINK

 

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Frank26 and KTFA Members "Welcome to the Fourth Week"

KTFA:

Doodlebug:   Nice, thank you Samson. Congratulations, Trade Bank! Congratulations, Iraq!

"This award is crowned with our efforts to improve direct transfers, our efforts to address and develop international transfers to meet the growing and evolving needs of our customers, and it is an indication of the efficiency of our bank in dealing with bank transfers and reconciliation."

Samson:
  JP Morgan gives the Iraqi trade bank the award of excellence in direct transfers
23rd September, 2019

The Iraqi trade bank has won the award for "Excellence in payments and automatic transfers" from the bank of JP Morgan Chase. The new prize will join a series of achievements of the bank During the year as one of the best banks in Iraq.

KTFA:

Doodlebug:   Nice, thank you Samson. Congratulations, Trade Bank! Congratulations, Iraq!

"This award is crowned with our efforts to improve direct transfers, our efforts to address and develop international transfers to meet the growing and evolving needs of our customers, and it is an indication of the efficiency of our bank in dealing with bank transfers and reconciliation."

Samson:
  JP Morgan gives the Iraqi trade bank the award of excellence in direct transfers
23rd September, 2019

The Iraqi trade bank has won the award for "Excellence in payments and automatic transfers" from the bank of JP Morgan Chase. The new prize will join a series of achievements of the bank During the year as one of the best banks in Iraq.

Faisal God, President of the Iraqi trade bank and chairman of the board of directors, received the excellence award during a recent ceremony held in Beirut by Ali Musa, head of banking at for central, Eastern and Eastern Europe.

 Middle and Africa. The STP award measures the quality of automatic payments and transfers that are done without any hand intervention, is an indicator of the speed of transactions, and helps to reduce the risk of errors, operating cost and actions..

 The STP prize also measures how fast and accurate Transfers between different international banks, time and risks.

The Award of the STP award depends on the number of electronic transactions performed by the bank, the ratio of international direct electronic transfer, and the measure of whether the actions are in line with the strict criteria of "JP Morgan chase".

The Iraqi trade bank (Bank) was successful by the 2018 JP Morgan assessment to be among limited banks around the world that won the excellence prize in direct transfers by 99.00 % MTI 103.

The Iraqi trade bank is the culmination of its tireless efforts in investment and infrastructure development and in organizing its national network to provide the latest banking systems and services to customers. In addition to the success of the bank by expanding its branches and Atms, improving its banking capacity by extending working hours and providing facilities for night deposits.

On the occasion of the award, Faisal God, chairman of the Iraqi trade bank and chairman of the board of directors, said: "We are very proud to receive this outstanding award. If it shows anything, it shows our constant commitment to focus on customer satisfaction and achieve Highest Global financial standards".

 "This award is crowned with our efforts to improve direct transfers, our efforts to address and develop international transfers to meet the growing and evolving needs of our customers, and it is an indication of the efficiency of our bank in dealing with bank transfers and reconciliation."

Ali Musa, head of banking transactions at for central and Eastern Europe, middle east and Africa, commented on the award: "The Iraqi trade bank wins this award in recognition of its consistent and consistent performance. On business implementation and delivery of services, managing money transfers by global standards, the focus on raising performance and transparency has contributed to the growth of the bank at the local and regional levels".

The Iraqi trade bank is constantly serving as one of the pillars of the Iraqi National Economy and is constantly enhancing the Iraqi government's share of its shares by expanding its business locally and internationally. Promoting and securing foreign investment has always been one of the bank's main objectives to promote investment within Iraq and provide its services as a reliable option for investors. In addition to improving the Iraqi economy and contributing to reconstruction.

"This award confirms the clear success achieved through the implementation of our strategy, which aims to set new standards in the Iraqi banking sector through innovation and outstanding performance. I take the opportunity to thank all the employees of the bank for their dedication and dedication that led us to this success and this award".

It is worth mentioning that the bank has received a number of awards this year including " Best Achievements 2019 " from the achievements forum in Milan, the international finance award, the " best local bank in Iraq 2018 " and " the best investment bank in Iraq in 2018 " during the distribution ceremony of the global finance magazine for banks in the middle east and North Africa", in addition to winning the " Best Commercial Bank in Iraq for 2019 " during the global Finance Magazine Awards ceremony in the British Capital London. He deserved the title " Best Banking Bank for individuals " and " best banking banking " From International Finance Magazine.

The Bank continues to play a central and influential role in the recovery and growth of the Iraqi economy through its strategic plan established until 2021, and the Iraqi trade bank continues to achieve more partnerships in the region and the world with all banking and commercial sectors towards prosperity Inside the Iraqi.   LINK

Iobey888:  Congratulations Iraqi Trade bank!!!! IMO..this is powerful and wonderful news for the citizens!!

BearCinnebar:  Good afternoon KTFA family….We noticed an interesting comment last evening from the You Tube live chat about:  QFS Quantum Financial System: 

We as country bumpkins have to ask is this really something that is now in place, or is it a work in progress ...Well here is some interesting coverage from a google search: IMO

https://en.wikipedia.org/wiki/Quantum_finance

http://www.blissfulvisions.com/articles/quantum-financial-system.html

**********************

Don961:  Theft of Iraqi funds: 6 thousand imaginary projects at a cost of $ 178 billion

Previous demonstration in Basra demanding the fight against corruption (Haider Hamdan / AFP)

Baghdad - Salam Jaf and Mohammed Ali

23 September 2019

Corruption continues to  plague Iraq, despite  government measures aimed at besieging it. A recent parliamentary statistics revealed that there are more than 6 thousand imaginary projects since 2003 cost Iraq $ 178 billion.

An Iraqi official in the office of Prime Minister Adel Abdul-Mahdi said that 30 per cent of the projects were sponsored by the Americans.

The government official, who spoke on condition of anonymity because he was not authorized to speak to the media, said that the remaining 70 percent of the mock projects took place during the time of successive Iraqi governments after the departure of the Americans. The second, including residential, tourist and service complexes, which he himself laid the foundation stone for, but ended up unknown and did not see the light, although the amounts were spent from the public budget.

As to whether the current government has the ability to open this file, the official said: "It will be a very serious file, because many political leaders are involved in it, not only include Maliki, but most of the current political leaders in the country."

"The number of fake projects in Iraq since 2003 (after the US-British invasion), up to this year, has exceeded 6,000 projects," said Jassem al-Bukhati, a member of the Iraqi Parliament's Services Committee. It is about 200 trillion Iraqi dinars, or about $ 178 billion, over the past 16 years. 

The MP called, in a parliamentary session, the day before yesterday, to "open the file of those illusory projects that caused a large waste of funds of the state budget," stressing that "the government must hold accountable spoilers and recover the money looted from the state treasury because of those projects that did not have Fact on the ground. " 

Iraq has been plagued by corruption for years and ranks 12th among the world's most corrupt countries, according to Transparency International's latest report.
Riyad al-Tamimi, a member of parliament's economy and investment committee, told Al-Arabi Al-Jadeed that "Resolution 347, which was adopted years ago, allowed companies to annul a contract with the consent of both parties or settle, complete or invest the project they are working on." He pointed out that "this decision is bad and wasted more than 4,000 projects as infrastructure since 2008 and until 2014 and caused the waste of public money."

He pointed out that "the corrupt exploited this decision for their own interests and for the agendas of corruption, and this is proven and personalized and at the level of the Commission of Inquiry on this subject." Al-Tamimi accused "all governors of legal irregularities in the implementation of projects."

MP Alaa al-Rubaie, said that "the Ministry of Education since 2011 demolished 1500 schools across Iraq, on the basis of building new schools replaced," and revealed to the "new Arab", that "until the moment did not establish one school of them, and included in the mock projects, and the ministry did not Accountable to the negligent and corrupt in this project, which is now in the cabinet. "
He pointed out that "Iraq needs more than 10,000 schools, and we are coming to a new school year, but there is a shortage of school buildings reflected negatively on education in Iraq."

Al-Rubaie stressed that "the explosive budgets allocated huge funds for the establishment of large projects, but in fact that nearly 2000 projects did not see the light, has not been built up to this moment, including hospitals, schools, road projects and other projects stalled."

He blames state oversight bodies for failure to deal with corruption and illusory projects. A member of the Parliamentary Integrity Committee, Kazem al-Sayadi, told the "New Arab" that "the regulatory agencies in the country were very bad in monitoring public money and follow-up," and felt that "the number announced for the fake projects may be less than the real number, there is a blackout on the issue of corruption in The state, not to show the theft of the people's money, and the political blocs are involved in corruption. "

As for the most prominent sectors in the phantom projects, the housing sector came first, then agriculture, health and education, as well as infrastructure such as roads, bridges and sewage networks, according to an official at the Financial Supervision Bureau, who spoke to the New Arab. This is an estimated 200 trillion dinars and may be more.

The official, who asked not to be named, asked about Nouri al-Maliki's projects he announced south in his second term, and why he is not being held accountable. 

And where the money spent for her? Stressing that the provinces of Baghdad, Babylon, Karbala and Basra, the most provinces of Iraq that have been carried out by the fake projects in the country.


The Iraqi national income since 2004 is estimated at more than $ 1 trillion, depending on oil revenues exported in the same period, in addition to the governments after the occupation received about $ 200 billion in grants, loans and various assistance, most of which came from the United States and various European countries.

However, the country has so far suffered from a clear collapse in the sectors of health, education and services such as water and electricity, as well as the deterioration of infrastructure, which has not been any modernization or addition, despite the increase of the population in the country to nearly 40 million people, compared to what it was before the occupation by about 29 million people. 

On the effects of worsening corruption and waste of public money, says the Iraqi economist Ali MPs that the government will not succeed in the effort to attract foreign investors, including the Chinese, to its yard, unless you give them confidence that they will not be subject to extortion or problems, the influence of militias reached intervention in the work of companies Corruption is ravaging government institutions, and there is confusion in investment laws.

He pointed out that the reasons for the failure of Prime Minister Haider al-Abadi in his visit to China in 2015 still exist, and did not change in the government of Adel Abdul Mahdi, but may have increased.

This comes in conjunction with Abdul Mahdi's visit to China, which was considered more economic than political and aims to attract Chinese companies to Iraq to enter into many sectors, the most important of which is housing, energy and infrastructure.

"On arrival in Beijing, Abdul Mahdi held talks with Chinese officials focused on the government's vision of the relationship of cooperation and partnership between the two countries, and the renaissance achieved by Beijing to benefit from its successful experience," a statement from the Prime Minister's Office said.    link

Frank26:  WELCOME TO THE FOURTH WEEK

September 23, 2019

THE FOLLOWING VIDEO IS STRICTLY IN FRANK'S OPINION

https://youtu.be/V2e-sBiUvak?t=2

https://www.youtube.com/watch?v=V2e-sBiUvak

Read More
Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20

Frank26 and KTFA Members Late Sat.PM/ Early Sun.AM

KTFA:  

Samson:  Saleh sends a message to the nations of the world: Enough wars us

9/21/2019 22:56 

The President of the Republic sent a message of peace in the name of Iraq to the nations of the world.

"On World Peace Day, Iraq carries the message of peace to the nations of the world," Saleh said in a tweet on Twitter.

"Where Iraq aspires to security, peace and freedom, it will end killing, abuse and corruption. We hope that the language of peace will prevail in our region and the world." "We have enough wars, let us go to reconstruction and serve the people," Saleh concluded.  LINK

KTFA:  

Samson:  Saleh sends a message to the nations of the world: Enough wars us

9/21/2019 22:56 

The President of the Republic sent a message of peace in the name of Iraq to the nations of the world.

"On World Peace Day, Iraq carries the message of peace to the nations of the world," Saleh said in a tweet on Twitter.

"Where Iraq aspires to security, peace and freedom, it will end killing, abuse and corruption. We hope that the language of peace will prevail in our region and the world." "We have enough wars, let us go to reconstruction and serve the people," Saleh concluded.  LINK

********************

Frank26:  YOU CAN WIRE OUT OF YOUR COUNTRY CITIZEN

Streamed live 9 hours ago

https://youtu.be/inDX27vOHkc?t=4

Samson: Economist: This is what Abdul Mahdi will do in China

9/21/2019 21:01 

The economic expert counted Prime Minister Adel Abdul Mahdi's visit to China "protocol", while revealing the real purpose of this visit. "Since 2003 until now, all the investment conference and the latest conference in Kuwait have not yielded anything because of the internal situation," said Majid al-Suri. Indicating that "Abdul-Mahdi's visit to China aims to see the developments of this country to improve the infrastructure of Iraq, most notably the dilemma of electricity."

He added that "the main goal of Abdul-Mahdi's visit is Sami to link with China," noting that "the problem is not the desire or agreements, but are we able to secure the development process and provide a favorable atmosphere for investment in Iraq?". He continued, "Iraq will not sign in this visit contracts or agreements, but will sign memoranda of understanding only during the next two days," wondering "how many memorandums of understanding signed and did not apply due to political and economic circumstances because of the absence of Iraq's economic identity?". "The visit is usually for the general development of China, and has brought with it economic figures, including agriculture, industry, finance and others, as well as from the private sector," he said.

On Wednesday evening, Prime Minister Adel Abdul-Mahdi headed a large delegation of the People's Republic of China for a several-day official visit. Prime Minister Adel Abdul-Mahdi arrived Thursday in the city of Hefei in the People's Republic of China at the head of a large delegation to participate in the work of the World Conference on Industrialization.   LINK

Samson:  Chinese bank funds strategic projects in Iraq

2019/22/09 11:24

Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein discussed with the Chairman of the Board of Directors of the Bank (CITIC) Chinese steps to finance strategic projects in Iraq.

A statement issued by the ministry received a copy of the agency (Euphrates News) that Hussein "met with the Chairman of Sitec Bank (Junk your time) accompanied by the Ministers of Transport and Electricity and the Governors of Baghdad, Basra, Karbala, Wasit, Diyala, Anbar, Maysan, Governors of Erbil, Sulaymaniyah, Dohuk, Wasit and Dhi Qar."

The statement added that "during the meeting reviewed the measures that will be taken by the two sides to complete the banking preparation for the second step after opening accounts in order to start financing projects, which will focus on infrastructure projects and strategic projects and internal and external railway networks."

The Iraqi delegation in China is conducting a series of meetings and technical meetings in order to promote economic relations between the two countries.   LINK

***************

Samson Adviser to Prime Minister: Business volume with China will exceed 500 billion dollars
22nd September, 2019

The economic adviser to Prime Minister Adel Abdul Mahdi, on Sunday, that the volume of business between Iraq and China will exceed 500 billion dollars in the next 10 years.

Said Abdul Hussein Hinan in an interview with Alsumaria's News, he said that "the volume of business between Iraq and China target over the next ten years would exceed $ 500 billion, starting from now and from this visit."

It began on Thursday since last September the current 19, an official visit conducted by Prime Minister Adel Abdul - Mahdi to China, accompanied by a delegation comprising ministers, governors and advisers, with a view to holding agreements and understandings between Baghdad and Beijing in several areas, including education, transport, industry and agriculture.    LINK

 Samson:  The Association of Private Banks Organizes a Course "Liquidity Tools in Islamic Banks"
22nd September, 2019

The Association of Iraqi private banks, in cooperation with the Joint Efforts Group and the Central Bank of Iraq, on Sunday, a course «liquidity tools in Islamic banks in accordance with the standards of IFSB

The course, which will last for five days, was attended by 20 trainees representing a number of government and private banks

The course targeted the employees of the Risk Management Department, the Treasury Department, and the Accounting Department    LINK

****************

Samson: The House of Representatives and the Parliamentary Finance ... the decision is yours

22nd September, 2019 by Samir Al-Nasiri

In accordance with the amendment of Article 58 of the 2019 Budget Law by setting the date of 10/24/2019 as the last date for the selection of the occupants of special grades and the confirmation of those who are acting or replacing them with others

I believe that the application of this article in a transparent and professional manner and without prior political and personal intentions and in the service of Iraq means that the competent authorities in the government and in the House of Representatives to adopt important and basic criteria starting first and foremost from an evaluation and analytical view of the results of the official in the office during his responsibility and the post Which he and his team were able to achieve national achievements and have a direct impact on the achievement of the central objectives of the previous and current government within the axes of government programs approved by the House of Representatives

In order for our conversation to be clear and specific must be evaluated the results of the work of three main bodies had a prominent role in the economic field and the fight against corruption are the Central Bank of Iraq and the Office of Financial Supervision and Integrity

What concerns us here is the role played by the Central Bank of Iraq and its achievements and luminous points during the lean years (2015-2019) in which Iraq suffered from economic shocks and security and was able to policies, procedures and wise applications of monetary policy to support the national economy and contribute directly to achieve economic resilience A decisive victory over terrorism because military victory cannot be achieved without steadfastness and economic support

Therefore, through the review, analysis and evaluation of the neutrality and transparency of the Iraqi economic situation and in particular what has been achieved by the ministries and economic institutions in Iraq from a competent point of view has been reached facts, evidence, signals and achievements confirm that the Central Bank of Iraq proved to be the first economic institution through the important achievements in supporting the economy And to achieve economic steadfastness and strive to achieve economic stability in accordance with the objectives of the main strategy and subsidiary and this is what he has already achieved

. In fact, it contributed to the achievement of the victory on terrorism and accompanied by another victory is the steadfastness and economic victory, which was the team of the Central Bank of Iraq and the province a key and leading role in achieving it

The economic victory achieved the most prominent results and most important support the state treasury and stabilize the exchange rate and the recovery of the Iraqi dinar and reduce inflation and maintain the proportion of less than (2%) and maintain a cash reserve of up to $ 74 billion is enough by more than 170% as a cumulative accumulation according to the latest standard of the IMF International with gold reserves within an excellent record rate at the global and Arab level according to the World Gold Council

In addition to its adoption of standards and controls consistent with the requirements of international standards in compliance and combating money laundering and financing of terrorism and liquidation of up to 700 international observations registered on the Iraqi banking system and our exit from the monitoring and follow-up area in accordance with the Financial Working Group and strict commitment to achieve the basic objectives and activate and establish new visions of monetary policy

 Policies to restore confidence in the banking transactions of Iraqi banks with Arab and foreign banks, and strive to build a solid banking sector and continue to make extraordinary efforts to improve the banking reputation of financial institutions and organizations The Mechanism and correspondent banks and building strong relationships with the central Arab and foreign banks and international financial organizations and the Security Council's call for the central bank governor in a rare accident to view the achievements in the field of combating money laundering and the financing of terrorism as well as the procedural and organizational, structural and developmental internal policies which aim to achieve a fee

It was all these achievements that called on Arab bankers to elect the governor of the Central Bank as deputy governor of the Arab Monetary Fund at its current session and the chairman of their board in the next session, a living embodiment that Iraq's economy is rising and recovering from its crises and that this is a tribute to the Iraqi people and its economic, financial and banking institutions

The question now is whether Article 58 will be applied in the 2019 budget according to transparency and respect for the principle of public service in the service of society?

 The answer is yes, we hope that, although we have great hope in the members of the Council of Representatives of the Iraqi people, especially the parliamentary finance committee, it is the competent authority, which we trust very much. Certainly in the service of the Iraqi economy   LINK

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Chats and Rumors, Frank26, Video Dinar Recaps 20 Chats and Rumors, Frank26, Video Dinar Recaps 20

News, Rumors and Humor Friday Night 9-20-19

.KTFA:

Article referenced in Franks video tonight.

Samson:  Trump imposes sanctions on Iran's central bank and reveals another package

9/20/2019 17:39

US President Donald Trump on Friday announced sanctions against Iran's central bank.

Trump said last Wednesday that a new package of sanctions on Iran would be announced, describing the new sanctions against Iran as "influential", adding that his view of this country has not changed.

The US president said that there is no war with Iran as "there are many options for action."

"Our decision not to strike Iran before is proof of our strength," he said, stressing that the United States is now "in a very strong position."   LINK

KTFA:

Article referenced in Franks video tonight.

Samson:  Trump imposes sanctions on Iran's central bank and reveals another package

9/20/2019 17:39

US President Donald Trump on Friday announced sanctions against Iran's central bank.

Trump said last Wednesday that a new package of sanctions on Iran would be announced, describing the new sanctions against Iran as "influential", adding that his view of this country has not changed.

The US president said that there is no war with Iran as "there are many options for action."

"Our decision not to strike Iran before is proof of our strength," he said, stressing that the United States is now "in a very strong position."   LINK

MiliiaMan:  I hope everyone realizes just what this means. Trump has neutered the Iranian National Bank. How? Well, Iran is one of Iraq's largest trading partners and has massive amounts of Dinar. They clearly will have a hard time making any money off the re in statement of Iraq IQD with sanctions on!! The timing of this is massive imo.. Trump just made a steer out of Iran... lol imo ~ MM

*****************

Frank26: REAL BANKING

Streamed live 103 minutes ago

F26:  President Trump does not want to give Iran any advantage of the reinstatement of Iraq’s currency.

About minute 32:00

F26:  The reinstatement of the Iraqi dinar is going International……it’s already there.

I wonder…..If they were about to tell the citizens- when would they pull the trigger?  Today is a Friday….no it’s a Holy Day.   What about Saturday?   It’s the busiest day in Iraq…..maybe not a Saturday.

Sunday? It’s the first day of the week for them.  Everyone goes back to work on Sunday.   Didn’t you like Tues and Thursdays Frank?    The point is nobody knows.   I asked Walkingstick …just playing around….if Sunday was the best day and he said to me …..”anyday…..they know when they are going to do this….so let them do it”

https://youtu.be/_3heMXAL4-M?t=3

 Humor While we wait -From Mark’s Chat Stream:

Sabickford:  I don't approve of political jokes...I've seen too many of them get elected

I feel like I’m diagonally parked in a parallel universe

20 years ago we had Bob Hope, Johnny Cash and Steve Jobs. Now we have No Hope, No Cash, and No Jobs. Please Lord don't let Kevin Bacon Die.

Those who get too big for their britches will be exposed in the end

Be who you are and say what you feel because those who mind don't matter and those that matter don't mind," Dr Seuss

Instead of offering my body to science, I'll donate it to whoever has the best practical joke involving a dead body.

Wrinkled Was Not One of the Things I Wanted to Be When I Grew Up

I really think it's time to take warning labels off everything and let stupidity work itself out of the gene pool

My Wife has a strange way of starting conversations. She always begins with "Hey have you been listening?"

Stress: when you wake up screaming & you realize you haven't fallen asleep yet

Vegetarian: Indian word for Lousy Hunter.

Warning - I was left on the Tilt-A-Whirl a bit too long as a baby.

WARNING: Consumption of alcohol may cause you to hay shings like thish.

Todays To-Do List - Wake Up - Find Coffee - Pretend to be Human

Did you know that is you light a candle under the moonlight and say 3 times the name of the person you love, You will look really stupid doing that?

I'm going to put a "Out Of Order" sticker on my forehead and call it a day.

Raise your hand if you also need a little pause from life and its stress. A Little Wine, $6 Million Dollars, A flat Stomach and your own Island.

I'm not self-medicating with Chocolate. The Lady at the shop wrote me a prescription… Well, she called it a receipt. Whatever.

Be careful when you follow the "Masses". Sometimes the "M" is silent.

The fact that there is a "Highway to Hell" and a "Stairway to Heaven", says a lot about Anticipated Traffic numbers.

Always Love a Woman for her Personality. They have like 10, so you can choose.

I would like to apologies to anyone I have not yet offended. Please be patient, I will get to you soon!

My bank has a new service where they text you your balance. It's cool, I just don't think they should add "LOL" at the end.

I always learn from the mistakes of others who took my advice.

A pat on the back is only a few centimeters from a kick in the butt..

Life was simpler when we could play a game of Red Rover and just clothesline the people we didn't like.

*****************

The Establishment Admits They Lost The Economic Narrative - Episode 1975a

X22 Report:   Published on Sep 20, 2019

https://youtu.be/VRoLX5DJYks?t=1

Setup Complete, Ukrainian Scandal Revealed, [DS] Whistleblower Agenda Fail - Episode 1975b

X22 Report:   Published on Sep 20, 2019

https://youtu.be/-gcCAiIEnIs?t=3

 

Read More
Frank26, Economics Dinar Recaps 20 Frank26, Economics Dinar Recaps 20

TNT, Frank26, X22 and More Thursday Night 9-19-19

.TNT:

Thursday UPDATE for September 19, 2019

Everything remains the same today, exchangers are excited, "on location" and stand "at the ready" ........just a-waitin' for this release.

Extremely late hours are being experienced by some banking staff.....do they think this is real? (LOL)

Be prepared to negotiate any rates given from the screens, banks are going to be competitive for your business.

CHAT has been having "technical issues" today, even though several hundred of us still have access.

It appears that rates have adjusted "sharply upwards" due to the current economic situations.......exchange, but don't spend 2 much 2 fast. (wink)

NEWS FLASH - Just received a report that bank screens have completely cleared........uh oh, what next?  LOL

"It's Done, It's Finished, we're just waiting for the CALL that says it all!

TNT:

Thursday UPDATE for September 19, 2019

Everything remains the same today, exchangers are excited, "on location" and stand "at the ready" ........just a-waitin' for this release.

Extremely late hours are being experienced by some banking staff.....do they think this is real? (LOL)

Be prepared to negotiate any rates given from the screens, banks are going to be competitive for your business.

CHAT has been having "technical issues" today, even though several hundred of us still have access.

It appears that rates have adjusted "sharply upwards" due to the current economic situations.......exchange, but don't spend 2 much 2 fast. (wink)

NEWS FLASH - Just received a report that bank screens have completely cleared........uh oh, what next?  LOL

"It's Done, It's Finished, we're just waiting for the CALL that says it all!

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Courtesy of Dinar Guru

Jeff:   ...they've purposely delayed the formation of the government because it's literally the linchpin.  It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. 

This week they're having massive meetings between Kurdistan and Baghdad.  They have to reach agreements on every level to achieve stability...

I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. 

When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...

Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar.  I still have my eyes on next week...

KTFA:

Dinardiva1:  SO QUIET YOU CAN HERE A PIN DROP!!

Titus2Mom4:  Maybe the quiet before the storm!

Gfulcher66:  looking fwd to another great youtube drop

4cash:  Hope Frank can share information on you tube tonight from WalkingSticks call last night. Keep praying for Frank and all the team.

Frank26:  YES .......................... WE WILL. 

Hengist:  and FF77? 

Frank26:  I READ HIS REPORT THIS MORNING ................... I LOVED IT (Big Smile)IT'S A POSSIBILITY THAT U WILL TOO .................LOL …….WS REPORT IS .................. TOUGHER. 

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Frank26:  IT DEPENDS ON PRESIDENT TRUMP

September 19-2019

https://www.youtube.com/watch?v=UsmpN69YoD8

Samson:   Al-Nassiri: Financial inclusion is the cornerstone of real banking
19th September, 2019

On Thursday, Global Smart Card Company held an awareness workshop on financial inclusion and the role of banking finance, especially for small and medium enterprises, and the role played by the Central Bank in the development of plans and policies and preparation for the launch of the national strategy for financial inclusion as well as the role of electronic payment companies and service providers in contributing to financial inclusion

The workshop was moderated by the Economic and Banking Advisor of the Association of Iraqi Private Banks, Samir Al-Nusairi, with the participation of the Commissioner for Banking Guarantees, Rula Faleh Ali Al-Saleh

Speaking during the workshop, Nasiri talked about the concept of financial inclusion and the challenges that affected the low rate of financial inclusion in Iraq and highlighted the features of the Central Bank strategy for the years (2016-2020) and highlighted the contents and features of its five main objectives and sub-goals, which focused on the development of banking and stabilize the monetary system and rise Increase financial inclusion and promote microfinance

For her part, Al-Saleh highlighted the importance of financing SMEs and the development of this activity from 2006 to the present. She pointed to the Central Bank's initiative to finance projects and the reasons for not activating them as targeted

Then there were interventions and discussions involving the staff of Rafidain Bank and the Global Smart Card Company   LINK

Patriots Prepare To Shock The Economic System - Episode 1974a

X22 Report:  Published on Sep 19, 2019

https://youtu.be/usF-YaaJ4lo?t=1

Setup Needed Before Declass, Tarmac Back In The News, Prisons Prepped - Episode 1974b

X22 Report:  Published on Sep 19, 2019

https://youtu.be/t9n8EI-LWgE?t=1

Taboola ad for the very bottom only
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Frank26 "Beyond International Standards" and more Wednesday Night 9-18-19

.KTFA:

Don961:  Including the budget and Article 140 of the Constitution .. Four files discussed by the President of the Republic in Erbil

Wednesday 18 September 2019 - 17:10

(BAGHDAD , September 18, 2019) - The media office of the President of the Kurdistan Region, Nechirvan Barzani, revealed on Wednesday (18 September 2019) the details of the meeting he had with Iraqi President Barham Saleh, stressing that four files were discussed during the meeting.

The office said in a statement received (Baghdad today), "The President of the Kurdistan region of Nechirvan Barzani and Iraqi President Barham Saleh, discussed four important issues during a meeting between them in the capital of the Kurdistan region of Erbil."

Barzani and Saleh, according to the statement, "to strengthen the relations of Erbil - Baghdad and continue dialogue to resolve problems on the basis of the Constitution."

KTFA:

Don961:  Including the budget and Article 140 of the Constitution .. Four files discussed by the President of the Republic in Erbil

Wednesday 18 September 2019 - 17:10

(BAGHDAD , September 18, 2019) - The media office of the President of the Kurdistan Region, Nechirvan Barzani, revealed on Wednesday (18 September 2019) the details of the meeting he had with Iraqi President Barham Saleh, stressing that four files were discussed during the meeting.

The office said in a statement received (Baghdad today), "The President of the Kurdistan region of Nechirvan Barzani and Iraqi President Barham Saleh, discussed four important issues during a meeting between them in the capital of the Kurdistan region of Erbil."

Barzani and Saleh, according to the statement, "to strengthen the relations of Erbil - Baghdad and continue dialogue to resolve problems on the basis of the Constitution."

The Office noted that this "came in the meeting, which took place on Tuesday evening, with the participation of the Presidency of the Parliament of Kurdistan and the two Vice-Presidents of the Kurdistan region, and the Prime Minister and Minister of Finance of Iraq, and a number of officials of the Kurdistan Regional Government."

He pointed out that the meeting "during which they discussed the Iraqi federal budget for 2020 and article 140 constitutional, the drafting of laws, and the threats and dangers of terrorism and extremism."

He added: "It was stressed on the unity of the Kurdish parties in Iraq and Iraqi forces and joint work between them and unify the word on the fateful issues, and the progress of relations Erbil - Baghdad."

link

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Frank26:  BEYOND INTERNATIONAL STANDARDS

September 18, 2019

https://youtu.be/IFe12quCAMQ?t=6

Don961:  Participants: Iraq's resources qualify it to be a great economic power

Tuesday 17 September 2019

Baghdad / Farah al - Khuffaf

 BAGHDAD - The Iraq Energy Forum ended in Baghdad on Tuesday after witnessing four days of contracts and agreements in the field of energy. During the development of the labor market and attract discreet investment.

The interlocutors in the sessions of the forum that Iraq has many resources that qualify it to be a great power in the global economy, provided that they invest properly.

A quantum leap in the energy sector

The Minister of Electricity Louay Khatib in the closing session attended by "morning", "work to develop and support the electricity sector, to provide services to all Iraqis, and ensure security for future generations."

"The world of energy looks with admiration for the huge shift in the energy sector in Iraq," said Fatih Birol, executive director of the International Energy Agency (IEA), in a speech on his behalf.

On the issue of unemployment, Saffar pointed out that "the problem can be solved by the private sector. Instead of consuming the budget in paying salaries to employees, there should be productive jobs to absorb future population growth."

The World Bank's regional director, Kumar Sarj Jha, pointed out that "the rehabilitation of the infrastructure of the electricity sector in Iraq was hampered by the occupation of the Islamic State terrorist organization of a number of provinces, and because of the low oil prices."

He added that "Iraq needs to benefit from sustainable energy and solar energy that it has, and the World Bank provides support for investment, and to develop the electricity sector."

Empowering women scientifically and practically

Women have had a share in the Iraq Energy Forum dialogues, in order to enable them scientifically and practically, and to take advantage of their potential at the family and community levels, to contribute in the field of entrepreneurship and investment.

"Supporting women and empowering them to enter the business world will contribute to raising people's income and developing society and the economy," said UNDP Sustainable Development Goals Specialist Sondos Abbas.

The EU envoy to Iraq, Ghada Hamid, and Abbas believe that providing support for women and providing quality education for girls contribute to the development of societies and improve the economy, through the creation of projects dedicated to them and support them in the education sector.

Canadian Ambassador to Iraq Paul Gibard said that "when women are engaged in peace building, this peace will last longer, because women are an important pillar of ensuring stability, as well as the potential benefit of society and the family to enormously engage women in work.

"The empowerment of women is an important factor for progress and development," said Jean-Noel Palliou, director of the French Institute in Iraq and cultural adviser to the French embassy, ​​urging them to "empower them in the labor market, develop their competence and provide them with adequate training."

Community Communications Commission Initiatives

As for communications, Ali Nasser Al Khuwaildi, Chairman of the Executive Authority of the Media and Communications Authority, said that "the development of telecommunications projects contributes to the development of investment projects and increase production, and this reflects positively on the public budget."

Al-Khuwailidi pointed to the DOM initiative launched by the Media and Communications Authority, which presented a number of important projects, including the empowerment of women, protecting children from the Internet, launching projects to connect telecommunications to remote places, opening a training and scientific research center, and a project to train early students.

Mohab Al Gargash, Head of the Governance and Reconciliation Department at UNDP, said: "Working in Karbala to launch smart services and implement smart governance for citizens. After the success of the initiative there, we will copy the project and apply it in other provinces." In cooperation with the Iraqi government, it is to provide services to citizens without paying additional costs by them to obtain them, which leads to reduce corruption, and reduce the time required to obtain the service. 

Stimulate investment to eliminate unemployment

"The number of unemployed in the Arab region is very high, especially among women, because of the lack of growth of the economy. When the economy is stagnant, new jobs are not created," said Rory Robertsho, a specialist in teaching methods at UNESCO.

"The development of skills and the creation of an environment for innovation play a role in stimulating investment in education, health and various sectors.

The Dutch ambassador to Iraq, Eric Stratenk, said that "there is no stability and prosperity without the guarantee of human rights. "Agriculture and water, as well as its great opportunity to lead, the exploitation of these resources will make it prosper."

Eric Magnus, a director at the World Bank, said Iraq needs entrepreneurship and innovation to find solutions to population growth and to focus on the consumer and its needs.   link

Don961:  Names .. Prime Minister with a large army to China!

Politics  ,   2019/09/18 12:11  

Baghdad - Iraq today:

Iraq will be without at least half its government, starting today and next Tuesday, the Prime Minister and a package of advisors and most conservatives, and senior officials, will be on a trip to China, the first of its kind, size and weight, so that the Governor of Basra Asaad al-Aydani boycotted his campaign Fierce ”against the transgressors, to join the delegation“ demonstration ”.

56 high-profile travelers!

A document leaked to the media, verified by NAS, confirms that the government delegation is composed of 31 people, but within hours later, a new list emerged which turned out to be the first list, bringing the total number of the delegation to 55 passengers as well as the Prime Minister, between A government minister, an adviser, a senior official, and a number of governors, as well as media cadres, photographers and protocol officials, in a situation that raised eyebrows and questioned the followers, about the actual need for such a "giant" delegation on an official visit.

A crisis of confidence or desire to participate?

The list included Oil Minister Thamer Ghadhban, Deputy Prime Minister Fuad Hussein, Defense Minister Najah al-Shammari, Interior Minister Yassin al-Yassiri, Electricity Minister Louay al-Khatib, Minister of Immigration Benqin Rikani, Transport Minister Abdullah Allaibi, Industry Minister Saleh al-Jubouri, and Communications Minister Naim al-Rubaie. 16 governors, three advisers to the Prime Minister, a number of officials in various ministries, and escorts from the secretariat, photographers and media, but many dialogues started hours ago over the leaks of the delegation, where the size of the delegation was considered an indication of the lack of confidence among the Iraqi institutions, was enough - according - The provinces should be represented by a representative of the Higher Commission for the Coordination of Governorates.

But another view, attributed the size of the delegation, to the desire of the Prime Minister - who suffers from enormous political pressures - to strengthen his relations with state officials, and pushed them to participate in the talks, or at least closely see them, in the hope of making the "expected accomplishment" of the visit, a joint achievement In ripening everyone.

Government pilgrimage to China!

Nonetheless, the document met with widespread ridicule on social networking sites, activists and bloggers, who in turn questioned the feasibility of having a representation of each province, sector and ministry personally, with the possibility of a fewer delegation representing all sectors of Iraq.

The strategic expert Hisham al-Hashemi said that "the Iraqi governments lost billions and investment opportunities enough to repeat the experience of China's great success in Iraq many times," mocking the size of the delegation by the phrase "the pilgrimage of the government to China!".

Others saw the visit as part of the idea that Iraqi officials would like to visit and travel abroad.

Is the Governor of Muthanna and Diwaniyah delayed the booking ?!

"Politicians want a lot of travel, especially if it is at the government's expense," said activist Bakr Abboudi, who asked about leaving two governors without taking them to Beijing.

Everyone attended and missed the wise!

On the other hand, the absence of Foreign Minister Mohammed al-Hakim, who is supposed to be present at such a visit, to coordinate with the relevant departments in China and the Ministry of Foreign Affairs, on the signing of agreements, especially since these departments have been in constant contact with a team of the ministry To prepare agreements in coordination with the concerned governorates and officials.   link

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Frank26 and KTFA Members "Visual Aids" and more Tuesday Night 9-17-19

.KTFA: 

Clare: FRANK & ANGEL-1 IN CHAT TODAY! FRANK HAS ALLOWED IT TO BE POSTED ON THE FORUM....

F26:  KONA ...... I TOLD YOU SO !!!!!!

GO LOOK ON THREAD…POST #187 ( see below) …SEE U TONIGHT…..SMILE…FRANK26

A1:  I JUST FINISHED CHATTING WITH FRANK. I LOVE LOVE WHAT HAS TRANSPIRED IN THE LAST 24.

DARE I USE THE WORD EXPEDITE?..... CALCULATED…..AG-1

TONIGHT IS IMPORTANT. THE REPORT FRANK HAS IS KEY. YOU WILL SOON UNDERSTAND WHY THEY USE STRONG WORDS LIKE AGREED, EXPEDITE, IMPLEMENTATION, SUPPORT REFORMS, TECHNICAL ASSISTANCE. IF THAT DONT MAKE YOU SMILE YOUR BLANKET IS WET.…..AG-1...

F26:  WELL DONE AG1….KONA…. DONE…… CU ON UR UBETUBE…. SSSSSSDMMMMMMIIIIIILLLLLLLEEEEE……
The realization of reality is real…

KTFA: 

Clare: FRANK & ANGEL-1 IN CHAT TODAY! FRANK HAS ALLOWED IT TO BE POSTED ON THE FORUM....

F26:  KONA ...... I TOLD YOU SO !!!!!!

GO LOOK ON THREAD…POST #187 ( see below) …SEE U TONIGHT…..SMILE…FRANK26

A1:  I JUST FINISHED CHATTING WITH FRANK. I LOVE LOVE WHAT HAS TRANSPIRED IN THE LAST 24.

DARE I USE THE WORD EXPEDITE?..... CALCULATED…..AG-1

TONIGHT IS IMPORTANT. THE REPORT FRANK HAS IS KEY. YOU WILL SOON UNDERSTAND WHY THEY USE STRONG WORDS LIKE AGREED, EXPEDITE, IMPLEMENTATION, SUPPORT REFORMS, TECHNICAL ASSISTANCE. IF THAT DONT MAKE YOU SMILE YOUR BLANKET IS WET.…..AG-1...

F26:  WELL DONE AG1….KONA…. DONE…… CU ON UR UBETUBE…. SSSSSSDMMMMMMIIIIIILLLLLLLEEEEE……

The realization of reality is real…
The Toledo city consul is awarding my father with a presentation today I am with him right now and I will eventually do the YouTube…..FRANK26

 **************************

Post 187:  Clare:   FROM FRANK....... "I TOLD YOU SO"

,a facebook from frank.jpeg

MilitiaMan:  The blast heard around the World today, IRAQ-a-Toa! lol ~ MM

Iobey777:  THIS IS HUGE NEWS!!!IMO!! CAN WE REPEAT..**EXPEDITE**?!!!!!! BOOOM!!!!

Frank26: VISUAL AIDS

Sept. 17, 2019

Tonight we are talking about “International”

https://youtu.be/_2b2nMSmI2Q?t=9

Don961:  Al-Sabah: The Central Bank reserves exceed international standards

Monday, September 16, 2019

iro / Israa Khalifa 

The Governor of the Central Bank of Iraq on the relationship that the amount of the budget deficit for the year 2020 is not proven so far as indicated by the Ministry of Finance, and what is being circulated is just hypothetical figures and not yet settled, indicating that the upper limit of the deficit must be consistent with the Financial Management Law The central bank's reserves of foreign currency are comfortable and well above international standards.

Al-Allaq said in special statements to Al-Sabah on the sidelines of his participation in the 43rd session of the Board of Governors of Central Banks and Arab Monetary Institutions held on Sunday in Cairo: “Our foreign currency reserves are comfortable and good and within international standards; The law is not to cover the deficit but is a cover for the local currency, and the strength of the exchange rate and the strength of the Iraqi dinar depends on this cover, so the process of linking the reserve and deficit coverage is not correct, and the Central Bank law does not allow the reserve to be used to lend directly or non-government Direct but it is to maintain the value of the dinar against the dollar.

exchange rate

And the relationship, that "the stability of the exchange rate is a central objective of the Central Bank and seeks to achieve by all means, and depends mainly on the economic performance of Iraq, the stronger the economy was to maintain the exchange rate stronger, and our economy is subject to fluctuations in oil prices, which is a resource The basis for the country, which is also the basis for the foreign currency, so careful management of reserves in order to achieve stability is important, where there can be a balance between the supply and demand of foreign currency, and when supply disrupts affect the exchange rate, and the reserve we have so far is able to The application covers And therefore keeps the price under control. ”

Sagging jobs

Regarding slackness in government jobs, Al-Allaq said: “The government apparatus has reached more than saturation, and it does not add economic value; rather, in its expenses it represents a great challenge to the public budget and reduces the resources that can go to employ others and achieve more job opportunities through real projects. The basic solution to the issue of unemployment is the employment of the real sectors, namely, industrial, agricultural, tourism, etc., which is the basis in moving economic rings, so there must be a focus on moving these economic sectors by changing the economic model that exists in Iraq today, the model now is that It comes from oil, and it pumps the bulk of it in the form of salaries. These salaries turn into demand for imported goods and commodities.

The Governor of the Central Bank, that "can not be laid off people, but the money taken as salaries can be invested inside Iraq through the expansion of the real sector and this will occupy other people, and that depends on coordination in trade, investment, tax and customs policies to harmonize with each other to move the situation internally".

Economic challenges

As for the Cairo meeting, Al-Allaq said: “These meetings are regular and periodic, and since Iraq is a member of the Arab Monetary Fund, it is attending these meetings, where the meetings of the Council are a review of all developments that take place in the financial, monetary and economic matters in the Arab world, especially in the circumstances facing Major challenges in the economic aspects Increasing challenges and risks related to these aspects, which we provide insights and perceptions and how our countries can face these challenges, and analyze their effects and impact on our economies. 

He added, “We will also discuss at the meeting the functions of central banks in terms of technologies and their effects, which are fast and successive, especially with regard to the subject of currency and its use, which has evolved towards digital and virtual, and in this context also talk about the objectives that are evolving functions of central banks quickly to achieve financial stability in Under the circumstances, and to achieve prudential control for central banks towards banking institutions and financial institutions, "he said:" Another goal that we have given priority in this meeting; we organized a special workshop on the expansion of financial inclusion, i.e. L Banking services to as many different citizens and segments as possible and achieve a lot of services quickly. ”

Relationship with Egypt

On the relationship between the Central Bank of Iraq and his Egyptian counterpart, Al-Allaq stressed that it is “very good and continuous, and we have many areas of cooperation, and we consider the Central Bank of Egypt very close ally, we have communication and consultation and the degree of high relationship and we need them in building our capabilities and in training and consultation.”

Regarding the reopening of Rafidain Bank in Egypt, Al-Allaq said: “It is an important issue and we have been following it for a long time. The Central Bank of Egypt knows the importance of Rafidain Bank.

link

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Samson:  Trump: We have reached a preliminary agreement with Japan on trade

17th September, 2019

US President Donald Trump said that the United States reached preliminary agreements with Japan on tariffs and trade barriers to digital, which will not require congressional approval

Trump, in a White House letter to Congress on Monday, said he planned to conclude agreements in the coming weeks, telling lawmakers that the tariff agreement would be implemented in accordance with the provisions of a trade law that allows the president to make reciprocal tariff cuts under a declaration

The letter noted that Trump plans to conclude an executive agreement related to digital trade with Japan

The White House speech also confirmed that the United States will continue to conduct further trade negotiations with Japan

Trump said: "My administration looks forward to continued cooperation with Congress for further negotiations with Japan to achieve a comprehensive trade agreement that will result in more mutual and fair trade conditions between Tokyo and Washington

On the sidelines of the Group of 20 (G20) summit last month, President Trump and Shinzo Abe said they hoped to sign the deal this month at the UN General Assembly   LINK

 

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