Monday Night KTFA CC with Frank26 and Team 11-23-2020 "BIS IS NO BS"
.KTFA:
Monday Night KTFA CC 11-23-2020
A NEW UB2B WITH THE IQD UPDATE
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 11-23-20.....BIS IS NO BS
BIS = BANK OF INTERNATIONAL SETTLEMENTS
(BIS) is an international financial institution that aims to promote global monetary and financial stability through the coordination of global central banks and their monetary policy efforts.
Special Guest “Blue Star” along with MilitiaMan, Petra and Delta.
KTFA:
Monday Night KTFA CC 11-23-2020
A NEW UB2B WITH THE IQD UPDATE
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 11-23-20.....BIS IS NO BS
BIS = BANK OF INTERNATIONAL SETTLEMENTS
(BIS) is an international financial institution that aims to promote global monetary and financial stability through the coordination of global central banks and their monetary policy efforts.
Special Guest “Blue Star” along with MilitiaMan, Petra and Delta.
THIS IS ALL IN FRANK'S AND HIS TEAM’S OPINION
Frank26: 1. G7 AND ALL OF THE BIG PLAYERS *2.THE CENTRAL BANKS * 3.THE SR. PRIVATE BANK EXECUTIVES *4.OPEN THE DOOR -- THE PRIVATE BANK EXECS TELLING THE CITIZENS TO COME IN AND SEE WHAT THEY'VE GOT.
https://www.youtube.com/watch?v=_Qtc5HZCso8&feature=youtu.be
Lynette Zang, Frank26, X22 Reports and more Tuesday PM 11-10-2020
.Lynette Zang
OFF SHORE VAULTS, WHO SETS COLLECTIBLE VALUES, COPPER…
Q&A WITH LYNETTE ZANG AND ERIC GRIFFIN
Streamed live 4 hours ago
Steve N: I heard someone say at this point it is hard to sell the metals to dealers if spot went to 2500 because to get that amount for gold the dealer would be taking a loss, so he won’t offer that much. is this true or to what extent? 1:35
Anne J: what’s your take on storing some of your gold and silver in secure off-shore vaults? 6:36
John M: Who sets the price of numismatics today? And who will determine the price after the reset? Is it conceivable they will only be worth their melt value in the future?
Lynette Zang
OFF SHORE VAULTS, WHO SETS COLLECTIBLE VALUES, COPPER…
Q&A WITH LYNETTE ZANG AND ERIC GRIFFIN
Streamed live 4 hours ago
Steve N: I heard someone say at this point it is hard to sell the metals to dealers if spot went to 2500 because to get that amount for gold the dealer would be taking a loss, so he won’t offer that much. is this true or to what extent? 1:35
Anne J: what’s your take on storing some of your gold and silver in secure off-shore vaults? 6:36
John M: Who sets the price of numismatics today? And who will determine the price after the reset? Is it conceivable they will only be worth their melt value in the future? 8:33
Jonny P: If gold and silver goes to it true value, and our currency devalues, do you think copper bullion can be used to barter or trade for goods and services? 12:56
Web S: Please give me your opinion if a person has 100k cash to allocate in both metals, what would be your recommended division for cash, gold, and silver? 15:47
KTFA:
Frank26: 11-10-20........FOLLOW THE VOTE
Streamed live 99 minutes ago
Charles Ward:
David Nino Rodriguez and Dr Q chat to Charlie Ward
Nov.10, 2020
Hear the latest on the “watermark”, the smart paper, the QVS, and much more…
https://www.bitchute.com/video/0ahFuHaTj5xH/
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Tuesday Night X22 Reports
The [CB] moves out of the shadows, into the light. Trap Set Episode 2325a
The [CB]/[DS] are now making their move, time has run out, they are now putting all the chips on [JB], the establishment did not get the war so they are using the pandemic to push their reset. The royal family has made the announcement that is it on the way and they believe the US is on board.
*****
Trump & Pompeo Confirm Our Way Forward, Propaganda Begins To Dull, Panic Sets In- Ep. 2325b
The [DS]/MSM propaganda is now starting to dull. The patriots have trapped the [DS], they have led them down this path for this specific reason, this was not about arresting a couple of people, it wasn’t about winning an election it was about returning the power to the people, we the people have now reached the precipice and it’s time to take back the power. All the pieces are in place. Trump and Pompeo sent the message, the constitution is the only way forward.
Monday KTFA CC with Frank26 and Team "Copecetic" 11-9-2020
KTFA Monday Night CC 11-9-2020
NEW UB2B WITH THE IQD UPDATE
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 11-9-20....COPACETIC
THE FOLLOWING IS ALL IN FRANK'S OPINION
Frank26: What does copacetic mean?
Tink: Excellent order.
Frank26: Yes…everything is on an even keel….going along very nicely.
Frank26: Our investment with the Iraqi Dinar is extremely copacetic.
KTFA Monday Night CC 11-9-2020
NEW UB2B WITH THE IQD UPDATE
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 11-9-20....COPACETIC
THE FOLLOWING IS ALL IN FRANK'S OPINION
Frank26: What does copacetic mean?
Tink: Excellent order.
Frank26: Yes…everything is on an even keel….going along very nicely.
Frank26: Our investment with the Iraqi Dinar is extremely copacetic.
Listen to replay for news from Walkingstick and more………
Frank26, PIR, Currency365 and more Thursday PM 11-5-2020
KTFA:
Samson: America blocks 27 websites "controlled by the Revolutionary Guards"
5th November, 2020
The US Department of Justice said that it has blocked 27 websites belonging to the Iranian Revolutionary Guard that it uses in order to influence the minds of the American masses and expand its influence, in addition to spreading false and anti-US, Saudi and Israeli content.
The Iranian opposition Radio Farda website stated, on Thursday, in a report, that “the US Department of Justice, in coordination with the Federal Bureau of Investigation (FBI), blocked 27 electronic domains run by the Iranian Revolutionary Guard to influence the minds of the American masses in the presidential elections.” "The sites were trying to reach an American audience, although some were entirely in Arabic or covered in Middle Eastern news," the statement said.
KTFA:
Samson: America blocks 27 websites "controlled by the Revolutionary Guards"
5th November, 2020
The US Department of Justice said that it has blocked 27 websites belonging to the Iranian Revolutionary Guard that it uses in order to influence the minds of the American masses and expand its influence, in addition to spreading false and anti-US, Saudi and Israeli content.
The Iranian opposition Radio Farda website stated, on Thursday, in a report, that “the US Department of Justice, in coordination with the Federal Bureau of Investigation (FBI), blocked 27 electronic domains run by the Iranian Revolutionary Guard to influence the minds of the American masses in the presidential elections.” "The sites were trying to reach an American audience, although some were entirely in Arabic or covered in Middle Eastern news," the statement said.
The US Department added that some of these sites contain contents hostile to America, Saudi Arabia and Israel, in line with Iran's foreign policy, noting that “some of these sites have collected the contents of other sites and published them in their name.”
The US Department of Justice said that it was able to block websites because they were purchased from domain registrars located in the United States, indicating that “the 27 sites violated US sanctions against the Iranian government and the Revolutionary Guards, and that 4 of these sites operate as prestigious news sites, but the Revolutionary Guard used them. Originally to influence American public opinion and politics”.
For his part, Craig Ver, Special Agent of the FBI, said in a statement: “Thanks to our continuous cooperation with Google, Facebook and Twitter, the FBI has been able to disrupt the Iranian government's campaign and propaganda machine, and we will continue to oppose any attempt by foreign parties to spread false information in Our country”.
On 17 October, the US Department of Justice announced that it had seized 92 Internet domains used by the Iranian Revolutionary Guard, adding that “the campaign on websites linked to the Iranian Revolutionary Guard was part of the US government's efforts to combat the spread of false information about the US elections before. foreign countries". The United States continues to count the presidential elections. LINK
Samson: Barham Salih emphasizes four things that precede the vote: Electoral corruption is a dangerous scourge
5th November 2020
The President of the Republic, Barham Salih stressed, on Thursday, the necessity to fulfill the requirements for holding early elections, usually what he called "electoral corruption a serious scourge."
During his approval of the Parliamentary Elections Law, according to a statement from his office received by Shafaq News Agency, Saleh said, "These requirements include the foundations of integrity and justice in its various stages, including biometric registration, and effective and serious coordination between the Elections Commission and the United Nations for monitoring and supervision in order to achieve this."
He added that "electoral corruption is a serious scourge that threatens societal peace and economic safety, and the way must be cut off in front of this scourge," pointing out that "the appeals and doubts witnessed by previous electoral processes were a major reason for citizens' reluctance to vote, and undermined citizens' confidence in their legitimacy." The existing system and the entire electoral process."
Saleh stressed "the need to empower a new political generation to take upon itself to complete the desired reform project, in fulfillment of the blood that has been shed in the way of reform and change."
The president referred to his “approval of the reservations recorded on the law voted on in the House of Representatives,” explaining that “it does not represent everything we aspire to, but at the same time, it represents a development for the better and a fundamental building block towards the path of reform, and affirms the consideration of the people as the main source of legitimacy of government. Up to the free will of the Iraqis, in the rule of a rational servant of them." LINK
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Courtesy of Dinar Guru
Frank26 ...the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump. Nothing to do. Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they're about to. Now do you think I'm going to cash out my dinars if Biden wins? No. He's going to steal all my money. 50% taxes.
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Kadhimi Advisor Raad Al Harris Arrested As Corruption Runs Wild
Currency365: Nov 5, 2020
US Elections Determines Future of Iraq & Middle East
Currency365: Nov 5, 2020
Frank26, X22, Fleming and more Monday Night 11-2-2020
.KTFA:
Monday Night KTFA Call with Frank26 and Team
November 2 2020
PLAYBACK IS: 605.313.5163 PIN: 156996#
THIS WHOLE VIDEO IS SOLELY IN FRANK AND HIS TEAM'S OPINION
Frank26: 11-2-20.... THEY TOLD EDDIE
With KTFA Team of Petra, MilitiaMan and Delta.
“Nothing will happen in Iraq without the rate”
KTFA:
Monday Night KTFA Call with Frank26 and Team
November 2 2020
PLAYBACK IS: 605.313.5163 PIN: 156996#
THIS WHOLE VIDEO IS SOLELY IN FRANK AND HIS TEAM'S OPINION
Frank26: 11-2-20.... THEY TOLD EDDIE
With KTFA Team of Petra, MilitiaMan and Delta.
“Nothing will happen in Iraq without the rate”
https://www.youtube.com/watch?v=oigligg0Pm4&feature=youtu.be
Monday Night X22 Reports
Right on Schedule Economic Optics are Important. Episode 2318a
The people can see that Trump has complete control over the economy. The market moved up right before the elections, coincidence? US manufacturing soars to a 2 year high. Wages have seen their best growth in 40 years. GDP bounced back and we are seeing V recoveries everywhere.
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[DS] Planning The Red Mirage, Patriots Know The Playbook, Countermeasures In Place – Episode 2318b
[DS]/MSM are now planning the red mirage operation. They will not concede the election. Their plan is to drag it out as along as possible, create chaos and push their agenda. Trump and the patriots have known their playbook for a long time, countermeasures are in place. Red wave coming, nothing can stop this nothing. How do you stop a D5 landslide you can’t.
https://x22report.com/category/reports/
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Monday Fleming update:
Fleming: Our military intel contact said security teams are dealing with rogue (Deep State Dem) Attorney Generals now trying to hinder banks from paying out platforms.
Also said it’s still a go for shotgun start & notifications any time; said this week is different than last week behind the scenes for reasons he cannot detail; said we should keep our chins up and pray this in.
TNT:
Ify: Iraq needs the Rate for this conference on November 19, 2020: https://iraqbritainbusiness.org/event/ibbc-autumn-conference-at-the-address-hotel-dubai-marina
Authorsamoliver : International Transactions: Central Bank of Iraq | The Central Bank opens an account with Euroclear to develop the performance of foreign reserves https://cbi.iq/news/view/1593
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Tishwash: Basra: A world famous hotel is preparing to open its first branch in Iraq
On Monday, the Basra Investment Commission announced the continuation of work on 9 investment projects in the hotel sector with the latest international standards to receive guests, delegations, conferences and festivals held in the province.
The Chairman of the Authority, Alaa Abdul-Hussein, said in a statement to the official agency affiliated with "People" (November 2, 2020), that "we have nine investment projects in the hotel sector whose cost exceeded $ 200 million) and among these projects is the (Grand Millennium Al-Seef) Hotel, which is run from Before the Millennium Company, it is the first "Grand" in Iraq, the eighth in the Arab world, and the eleventh in the world, and is classified as a five-star.
He added, "The hotel will be built on an area (18 thousand square meters) at a cost of more than $ 73 million and contains 455 rooms, restaurants, swimming pools, presidential suites, halls, in addition to sports facilities, shops with international brands and office building."
Abdul Hussein added, "These hotel projects will provide more than 1200 hotel rooms with the latest international specifications to contain guests, delegations, conferences and festivals held in the province, such as cultural, artistic and economic festivals," noting that "Basra will witness in the coming days the opening of the Basra International Airport Hotel after the dam's closure More than three decades, whose investment cost exceeds $ 11 million, to add more than 100 hotel rooms of varying specifications, as the hotel will enable Basra International Airport to qualify as a transit airport like other international airports. link
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Mot: and then Ya Has the Famous Story of ~~~ ""Rindercella"" ~~~~~
Frank26 and Delta Video Tuesday Night 10-27-2020
.KTFA:
Frank26: 10-27-20......THE IMF CONTRACT
Frank reviews article posed below “A "knockout" blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about "international conditions"?”
This video is in Frank’s opinion only
Frank26: This article is why we are having this CC tonight…….I want to explain to you what happened today
The translation is not correct….in reality the Iraqi dinar is being “knocked out” into the International Community under the supervision of the IMF and the Fab 4.
So according to this article….the rate has already been raised and it is being offered on the “Global Stock Exchanges”
KTFA:
Frank26: 10-27-20......THE IMF CONTRACT
Frank reviews article posted below “A "knockout" blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about "international conditions"?”
This video is in Frank’s opinion only
Frank26: This article is why we are having this CC tonight…….I want to explain to you what happened today
The translation is not correct….in reality the Iraqi dinar is being “knocked out” into the International Community under the supervision of the IMF and the Fab 4.
So according to this article….the rate has already been raised and it is being offered on the “Global Stock Exchanges”
FAB4 - IMF / WORLD BANK / UST / DJT
They will not Lop….they are adding value to their currency. And going international.
IMO they are about to show the Iraqi dinar new currency (LD’s) to the Iraqi citizens and the new exchange rate.
Also a video from Delta (THE RECORDING IS ALL IN DELTA'S OPINION_
FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
GREEN IS FOR GREEN ZONE TONIGHT FRANK SAID
https://www.youtube.com/watch?v=vb-jRpRo0T8&feature=youtu.be
DELTA: THANK YOU BROTHER DON FOR THE AMAZING WORK...........VERY CRYSTAL CLEAR FAMILY LIKE WE SAID ALL THE TIME.......IMF AKA USA..CONTROL THE EXCHANGE RATE OF IRAQ.......NO DEVALUE PERIOD.....RV ALL THE WAY......
Don961: A "knockout" blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about "international conditions"?
2020-10-27 Yes Iraq - Baghdad
The expert in economic affairs, Salam Sumaisem, confirmed that the devaluation of the Iraqi dinar will reflect negatively on the citizen and will lead to an inflationary problem as a result of a new force hitting the Iraqi economy at home as a result of the high prices of consumer foodstuffs that are in demand and this great demand will lead to higher prices.
Sumaisem said, in statements to her, monitored by "Yes Iraq": "The government is facing a great challenge, which is to provide funds with which to pay public expenditures, and this money is necessary to provide it. Reducing the value of the dinar will provide it with that, but on the other hand it will generate inflationary pressure on the citizens, since the devaluation of the dinar will be "This will lead to a rise in the prices of consumer foodstuffs that are in demand, and this great demand will lead to a rise in prices and an inflationary problem as a result of a new force hitting the Iraqi economy at home."
She explained that “the government is obligated to this reduction, and these changes will be in light of the state’s need for financial resources and the increasing need to pay the salaries of employees. At the same time, an austerity plan must follow that reduces the waste of the dinar and try to find a feasible way of spending so that the situation is not lost in a situation with this laxity in paying salaries.” “.
The economic expert stressed the need to eliminate the leakage outlets represented by the aliens, the multi-salary, the mafias and the networks of corruption, stressing that without that any reform or reduction will not succeed.
>>>>>>>>>>>>
salam smeasim @SalamSmeasim
Translated from Arabic by
I do not expect it to be #العراق By printing the Iraqi currency #بدون_غطاء Because it would be a fatal blow to the #دينارالعراقي And this is unacceptable according to our links to #صندوق_النقد_الدولي And Lan #الدينار_العراقي Now within the currencies offered on the global stock exchanges, not like the time of the blockade, the situation is completely different.
>>>>>>>>>>>>
Sumaisem suggested, in her blog post about currency printing, saying: In light of the current economic variables, I do not expect Iraq to print the Iraqi currency without a cover, because the matter will be a fatal blow to the Iraqi dinar.
And I concluded, that this is unacceptable according to our links with the International Monetary Fund and because the Iraqi dinar is now among the currencies offered on the global stock exchanges, not like the time of the siege and the world's boycott of the Iraqi government, the situation is completely different. link
BlaqueBeauty: oooh so the dinar is in the basket with other currencies…thank you
Iobey777: This article is Confirming they are INTERNATIONAL!!! IMO!!
Monday Night KTFA CC with Frank26 and Team 10-26-2020
.KTFA:
KTFA MONDAY NIGHT CC YOUTUBE WITH THE IQD UPDATE
Frank26 and Team
720.716.7300 PIN: 156996#
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 10-26-20....SEE YOU ON THE OTHER SIDE
KTFA:
KTFA MONDAY NIGHT CC YOUTUBE WITH THE IQD UPDATE
Frank26 and Team
720.716.7300 PIN: 156996#
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 10-26-20....SEE YOU ON THE OTHER SIDE
https://www.youtube.com/watch?v=z-9lvUlex24&feature=youtu.be
Samson: Experts: Delay In Distributing Employees' Salaries Has Affected The Overall Economic Movement
26th October, 2020
Economic affairs specialists warned of the risks of continuing delays in the distribution of salaries of employees and retirees, and those covered by the social protection network, stressing that this matter cast a shadow over the overall economic movement in Iraq, and contributed significantly to a downturn that could lead to more economic losses, especially In the private sector.
The debate raged recently between the legislative and executive authorities regarding the mechanism for securing employees' salaries, as the government threw the ball into Parliament's goal, when it required it to pass a borrowing law in order to be able to distribute salaries, while the House of Representatives believes that the financial deficit results from the failure to find financing outlets for the budget other than revenues. Oil.
Catastrophic effects
The economist, Bassem Jamil Antoine, said during his interview with Al-Sabah newspaper that “the resulting delay in distributing the salaries of about 4.5 million employees, 2.5 million retirees, in addition to more than one million covered by the social protection network, will leave a“ catastrophic effect. On the economic movement in Iraq, especially since these have become the main engine of the Iraqi market, and that monthly salaries are the factor on which the market movement is built entirely.
Antoine points out that “the private sector has become a major part of the salary movement, and that the continuity of its work and the continuation of its activity are closely linked with the distribution of those salaries among those who deserve it, as well as the rest of the sectors, which form an integrated link with what employees and retirees receive, which caused the occurrence of a serious recession in various sectors caused by the delay in distributing these receivables.
Financial benefits
The economic expert states, “The employees have financial dues payable to many other parties, such as loans, rents, or electricity wages and the rest of the services, which the employee is forced to pay at the beginning of each month, which has left major negative effects on this segment, due to the lack of Paying those dues due to delay in distributing salaries, and thus employees incurring cumulative financial burdens.
Antoine warns, that “the continuation of this situation will turn the state into a consumer, and leave serious social consequences, which could lead to a setback in education, health, and various fields,” noting that “the solutions to overcome this crisis lie in heading towards the White Paper decisions, represented in reducing Reliance on oil imports, reducing imports, activating the various local productive sectors, and working to end unemployment and eradicate poverty.
Spending shrinkage
The economic expert, Dr. Salama Sumaisem, did not deviate from the previous opinion, when she confirmed that there had been a rise in the prices of foodstuffs, matched by a contraction in the tunnels due to the delay in the distribution of salaries. In a statement to Al-Sabah newspaper, Sumaisem pointed out that “the wages and salaries of state employees and retirees constitute the basis for moving the forces of demand within society,” stressing that “this demand is not normal, but rather is directed to consumer goods, specifically food, and therefore the existence of this" Demand is sufficient to move the economy towards more efficiency, whether in the areas of production or import." And she points out that when the wheel of the economy begins to stop, the authorities initiate this demand, and not the other way around, as moving the demand saves the country from the state of recession and stagnation it reaches. LINK
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Samson: The International Monetary Expects Iraq’s Budget Deficit Of 22%
26th October, 2020
The International Monetary Fund expected, on Monday, that Iraq's budget deficit would reach 22% of GDP
"The economy may contract by up to 10%," the Fund said in a report seen by "Al-Ektissad News", expecting that "Iraq's budget deficit will reach 22% of GDP
The fund added that "the deficit is the worst in the Middle East and North Africa
And the World Bank expected in a previous report that "the Iraqi GDP per capita will drop to 4282 dollars, the lowest level since 2006 LINK
Samson: Financial Committee: The government needs 20 trillion dinars, not 40
26th October, 2020
The Parliamentary Finance Committee confirmed, on Monday, that the sums requested by the federal government in the draft law on financing the fiscal deficit are very large.
A member of the committee, Representative Jamal Cougar, said, "The federal government has requested approval to borrow 40 trillion dinars to finance the fiscal deficit, and this amount is very large." He added: "We in the Finance Committee see that the government needs an amount of 20 trillion dinars, not 40, because the expenditures need 7 trillion per month, and if we add these sums for four months, they will be 28 trillion dinars."
He added, "If we add 5 trillion to the licensing rounds, another half trillion for the government, and a trillion dinars allocations for the Kurdistan region, the amount will be 24 and a half trillion, to be 36 trillion." He said, "The government's imports for the remaining four months of this year will be 16 trillion dinars, so it needs approval to borrow 20 trillion dinars only, not 40".
He explained, "We told the government that we will review the law and discussed this issue in the Finance Committee, and we came to the conclusion that the sums in the draft law on financing the financial wage are very large, and we also decided to host the Minister of Finance to discuss this issue." He pointed out that "the Finance Committee believes that the government needs 20 trillion dinars only, not 40, and if the amount is more than 20 trillion, then these loans will burden the government." LINK
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Samson: Oil Minister: Thousands of jobs are waiting for the Iraqis to work on mega projects
26th October, 2020
Oil Minister Ihssan Abdul-Jabbar confirmed, today, Monday, that recent agreements and understandings with international companies could lead to an increase in work space and production and attract foreign investment in Iraq, which leads to the creation of thousands of job opportunities for Iraqis.
Abdul-Jabbar said, in a press statement followed by (Baghdad Today), that “the recent understandings and agreements with sober international companies could lead to an increase in the area of work and production and attract foreign investment in Iraq,” indicating that it is “one of the important signs of moving the Iraqi economy to a stage. New, by employing these investments in the advancement of national industries related to oil and energy according to the latest methods, systems, economic mechanisms and modern technologies.
He added, “These steps will lead to the revitalization of all related sectors, especially the free and associated gas investment projects, petrochemical industries, clean and alternative energy, as well as providing thousands of job opportunities for Iraqis.”
Regarding the recent European round, the Minister of Oil pointed out that “the meetings that brought us together with international companies and investors, especially BP, aim to increase the working area in the Ramila field, diversify and increase the volume of investments and accelerate the associated gas investment projects, as is the case with Exxon Mobil and ENI companies, And Kazprom and others, which also want to increase the volume of cooperation and investment in other projects, as well as to communicate with important consultations with “Total of France” about investment in gas sector projects.
He pointed out that “the ministry is working on building and strengthening strategic relationships with solid countries and companies that possess financial capacity and modern technology that contribute to building the national industry and enhance its economic and development capabilities.” LINK
Frank26, MilitiaMan and KTFA Members Friday PM 10-23-2020
.KTFA:
HBHockeyDad: Hi MM. Is there any word on the citizens going into the banks to be shown the nscn by chance? As franky indicated on the Monday night cc? Ty sir
MilitiaMan: My understanding if correct, it is being said, "banks of late have been working long hours this week and suggest that there were banks open today." I personally have not spoken to anyone, but, a trusted source of mine has been in contact related to a citizen in Iraq suggests today that to be the case. I mentioned it to Delta and he may also try and verify that. So we shall see. I do believe that the source my data comes from has credibility. imo ~ MM
KTFA:
HBHockeyDad: Hi MM. Is there any word on the citizens going into the banks to be shown the nscn by chance? As franky indicated on the Monday night cc? Ty sir
MilitiaMan: My understanding if correct, it is being said, "banks of late have been working long hours this week and suggest that there were banks open today." I personally have not spoken to anyone, but, a trusted source of mine has been in contact related to a citizen in Iraq suggests today that to be the case. I mentioned it to Delta and he may also try and verify that. So we shall see. I do believe that the source my data comes from has credibility. imo ~ MM
Stevep99: I have a question for Milita Man or someone with a good memory. Seems like in the past there was talk of something to effect that financial activity taking place along the lines starting in London, because of London being a center? I do recall Frank speaking of London and a another country in the east being financial centers critical to electronic or digital activity! Maybe that is why this is being wrapped up in UK. Anyone?
MilitiaMan: London is becoming the largest financial center of the world, just behind New York..
Fairly sure the connection to the UK is that is a powerful financial hub, was connected directly in the past to the county, as they sieged power over Iraq in about 1917 - 1932 when they got independence , of recent they have the IBBC and close to both France and Germany.
The three will have reconstruction and other investments in mind. Kahdimi is on a tare. Getting many things sorted while gone and even stayed a couple extra days.. It all looks like he it it out of the park.
5,000 artifacts are to be returned home. That is very important and symbolic. The Glory Days.. Just want they want to get back to.. Lets not forget that those in the war effort have Dinar..
The UK has plenty. Whereby, the implications are they cut some deals.. imo ~ MM
"London is catching up with New York as the world's biggest financial center, and the British capital only needs four more points to beat New York, according to a survey released on Friday. ... New York still ranked first, followed by London, Shanghai, Tokyo, Hong Kong and Singapore." As of Sep 25th, 2020
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Will: as far as forex is concerned London trades more than double of what New York does.
MilitiaMan: Good to know and thank you for the information. May be even more bullish for us than I thought, in that respect currency wise!! imo ~ MM
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Samson: The formation of an international financial alliance to support Iraq in Britain
22nd October, 2020
Today in London, I announced the establishment of an international financial coalition that includes 7 foreign and Iraqi financial institutions, to provide advice to the Iraqi government to face the stifling financial crisis that led to the state’s inability to commit to paying employees’ salaries on time and resort to internal and external borrowing
According to the British Foreign Office, the financial alliance will be called the "Economic Contact Group" and its goal is to stimulate international support for an urgent economic reform program that will last for 3 years and cost 6 million pounds
According to the statement of the British Foreign Office, which was reviewed by "Economy News", the financial alliance provides global expertise to achieve economic growth and provide international expertise from the public and private sectors to enhance economic stability in Iraq and introduce vital economic changes in order to push the wheel of growth
The International Financial Alliance to support Iraq includes the G7 countries, which are "America, Britain, Japan, France, Germany, Canada and Italy, in addition to the International Monetary Fund and the World Bank, and from Iraq includes the Ministry of Finance, the Central Bank of Iraq and the Parliamentary Finance Committee
After the first meeting of the financial alliance, he issued a statement saying, "Iraq is facing daunting economic challenges that have been broadly overshadowed by two crises, the Corona virus crisis and the decline in oil prices
He stressed, "There is a need to take immediate measures to achieve stability in the economy and create a comprehensive economic environment suitable for the implementation of the reform, as the members of the Economic Contact Group for Iraq agreed to work with the Iraqi government to put an out-of-way way to set the sequence and priorities of reforms in addition to mobilizing international support to implement these reforms
He noted that the Iraq Economic Contact Group will hold its meetings every three months to monitor progress, manage risks and coordinate support effectively, and this includes two annual meetings on the sidelines of the Spring Meetings and the Annual Meetings of the World Bank
She added, "It supports the Iraqi government's vision of reform, not only to ward off current crises, but to create permanent economic opportunities for the Iraqi people that meet their aspirations
Meanwhile, Finance Minister Ali Allawi said that the white paper received absolute support from industrialized countries and international organizations for the first time , indicating that international support and welcoming the white paper is an achievement of the Ministry of Finance
He added, "The international organizations saw that Iraq faces daunting economic challenges overshadowed by the crisis of Corona and the decline in oil prices, and that the White Paper is an ambitious program for comprehensive economic reform, strengthening the growth of the private economy and protecting the most vulnerable groups
He pointed out that the industrialized countries and international organizations announced their support for the Iraqi government's vision of reform not only to ward off the current crises, but to create permanent economic opportunities for the Iraqi people that meet their aspirations LINK
Samson: The Bank, the World Fund and the Group of Seven declare their support for the White Paper
10/22/2020 21:21:03
The Bank, the World Fund and the Group of Seven announced their support for the White Paper.
The Deputy Prime Minister and Minister of Finance participated in the first meeting of the Economic Contact Group for Iraq, which was hosted by the British Minister of State for Middle East and North Africa Affairs and chaired the meeting, Iraq and the World Bank, with the participation of members of the Finance Committee in the Iraqi Parliament, and representatives of the G7 member states and the International Monetary Fund.
The participants expressed their support for the recently adopted economic reform white paper.
The Deputy Prime Minister and Minister of Finance expressed his appreciation to the United Kingdom for hosting the meeting, and presented a summary of the objectives of the White Paper for economic reform and stressed that supporting the Economic Contact Group will enhance Iraq's ability to face the challenges of the next stage. LINK
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Samson: Washington looks to support an ambitious reform agenda that promotes a strong economy for Iraq
10/22/2020 23:21:47
The US embassy in Baghdad published, on Thursday evening, a tweet about Washington’s participation in the launch of the Economic Contact Group on Iraq.
"The United States was pleased to participate in launching the Iraq Economic Contact Group with Finance Minister Ali Allawi," the embassy said in its tweet on Twitter.
"We look forward to supporting an ambitious reform agenda to work to promote a strong economy for the Iraqi people," she added. LINK
MilitiaMan: Let those two words resonate. They support now (immediately) not in 2021. The new rate will be applied to the 2021 sure, but, not until after they make the change imo in 2020.. The budget needs the rate. The rate doesn't need the budget.. IT needs the CBI to talk to us.. lol ~ MM
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Frank26: 10-23-20.........#.9
This video is in Frank’s opinion
Frank26 Video Replay and Iraqi News Tuesday 10-20-2020
.KTFA:
Samson: A representative source confirms the resumption of parliamentary sessions tomorrow, Wednesday
20th October, 2020
Today, Tuesday, a parliamentary source revealed that Parliament sessions will likely resume tomorrow, Wednesday.
The source explained during his speech to Tigris, that the borrowing bill that the government previously submitted to Parliament, as well as the election law, will be at the forefront of Parliament's agenda during the upcoming sessions.
He stressed that resolving and completing the two laws is a priority in the current period. Meanwhile, another parliamentary source revealed that there is a tendency within the House of Representatives to amend some of what was mentioned in the second borrowing bill before it is passed, explaining that the amendments may include the ceiling of internal borrowing and reducing unnecessary expenditures, in an effort to reduce the damages resulting from resorting to borrowing to fill the deficit and secure Payroll bill
KTFA:
Samson: A representative source confirms the resumption of parliamentary sessions tomorrow, Wednesday
20th October, 2020
Today, Tuesday, a parliamentary source revealed that Parliament sessions will likely resume tomorrow, Wednesday.
The source explained during his speech to Tigris, that the borrowing bill that the government previously submitted to Parliament, as well as the election law, will be at the forefront of Parliament's agenda during the upcoming sessions.
He stressed that resolving and completing the two laws is a priority in the current period. Meanwhile, another parliamentary source revealed that there is a tendency within the House of Representatives to amend some of what was mentioned in the second borrowing bill before it is passed, explaining that the amendments may include the ceiling of internal borrowing and reducing unnecessary expenditures, in an effort to reduce the damages resulting from resorting to borrowing to fill the deficit and secure Payroll bill.
With regard to the differences over the electoral districts, a source confirmed that the blocs had not reached a consensus formula yet, ruling out the election law being resolved during the next few sessions. LINK
Monday Night CC Replay
WALKINGSTICK, DELTA, MM & PETRA!!
Samson: Parliamentary Finance: An investigation was opened regarding the payment of September salaries, and doubts about printing other currencies
18:37 - 19/10/2020
The Parliamentary Finance Committee announced, on Monday, that an investigation has been opened to ensure that the government has secured the salaries of September, despite the Parliament's lack of approval for the loan presented, indicating that its insurance is subject to doubts between withdrawing from the central reserve and printing other currencies.
A member of the Finance Committee, Mahasin Hamdoun, told Al-Maalouma that "the government has submitted a second request to Parliament to borrow to secure salaries for the coming months."
And she added that "in the event that the request for borrowing is not approved, the government may announce that salaries will not be disbursed and that the House of Representatives hold the reason for not disbursing salaries," noting that "the government is evading and creating crises and throwing them into the House of Representatives."
Hamdoun explained that "the committee intends to open an investigation that the government will spend the salaries of employees despite the Parliament's failure to approve borrowing," noting that the matter indicates the existence of money and the existence of the financial crisis.
She pointed out that "indicators show that" securing them was done either by borrowing from the Central Bank of Iraq or by printing additional currencies." LINK
Samson: Al-Kazemi concludes his visit to Paris and heads to Berlin
19th October, 2020
On Monday, Iraqi Prime Minister Mustafa Al-Kazemi concluded a 24-hour official visit to France and went to Germany on his second leg of his European tour.
Iraqi government spokesman Ahmed Mulla Talal said in a tweet on Twitter, that "during a fruitful 24 hours in Paris, Prime Minister Mustafa Al-Kazemi met with French President Emmanuel Macron, and he held meetings with the accompanying ministerial delegation with the French government," After that he held a distinguished meeting with major French companies, and now on the way to Berlin."
Al-Kazemi left on Sunday evening for Paris at the start of the first European tour by the Prime Minister of Iraq since taking office last May. LINK
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Samson: Ministry Of Trade: The Establishment Of An Economic Forum In Baghdad
19th October, 2020
The Minister of Trade, Dr. Alaa Ahmed Al-Jubouri, discussed with the President of the Federation of Chambers of Commerce, Abdul Razzaq Al-Zuhairi and the President of the Baghdad Chamber of Commerce, Firas Al-Hamdani, ways to provide government support and its orientation to the market economy, put forward proposals, observations, and areas of cooperation with the ministry and hold specialized exhibitions on the grounds of the Baghdad Fair.
The minister stressed that "the establishment of an economic forum in Baghdad has international, Arab and local economic dimensions, and will have the support and presence of the prime minister, ministries, sectors and bodies."
He pointed to "the government's vision, direction and interaction to support the private sector and the market economy, which enhances the national product, by organizing work and opening wide areas for dealing." He said, "His ministry is responsible for the internal and external economic policy of the country, and that the private sector is within this policy and its support receives the attention of the ministry and the government in general."
Al-Jubouri pointed out the need to “work to develop the national product in industry and agriculture and restore the citizen’s conviction in it, as well as restore the status of the national industry in the external environment and define the identity of the Iraqi merchant. For his part, the President of the Federation of Chambers of Commerce, Abdul Razzaq Al-Zuhairi, made a number of proposals, and between the chambers’ role in establishing economic forums And conferences to support the private and public sectors.
He expressed his desire to cooperate with the Department of the Registrar of Companies regarding updating the data of the registered companies annually to get rid of unknown and inactive names, as well as the trade name and what is related to the laws in force, and to cooperate in allocating a permanent hall in the Baghdad Fair to hold specialized exhibitions.
In turn, the head of the Baghdad Chamber of Commerce, Firas Al-Hamdani, said, “There are several proposals in the working paper presented to the Minister of Trade, including the addition of the Baghdad Chamber of Commerce in the membership of the Export Support Fund and the General Company for Exhibitions and Commercial Services, and the establishment of the Iraqi Export and Import Bank, so that the merchant can facilitate the issue of opening documentary credits.
And adding the Baghdad Chamber of Commerce to the membership of joint committees with Arab and foreign countries, giving exports and exports priority in facilitating procedures, adopting the principle of re-exportation, and canceling the ban on exporting some Iraqi products. LINK
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Samson: Smuggling of 37 Asian workers from Kurdistan and selling them in Baghdad
08:59 - 20/10/2020
The "destiny" organization for combating human trafficking revealed, on Tuesday, that 37 Asian workers had been smuggled "in a disgraceful manner" from the Kurdistan region to Baghdad.
Al-Sabah newspaper quoted the organization as saying, "The workers were smuggled by cargo trucks during the last six months of this year." The organization added, "All workers and workers present in all regions of Iraq entered through the Kurdistan region with a (tourist visa) in cooperation with companies based in the United Arab Emirates, and then they were distributed and sold to employment offices in the capital, Baghdad first, except for a few hundreds who were spotted from Before the organization, they entered Baghdad airport using (visit visa) or (emergency).
The organization appealed to the Minister of Interior, Lieutenant General Othman Al-Ghanimi, “to exercise his legal powers in his capacity as Chairman of the Central Committee to Combat Human Trafficking in accordance with the Anti-Human Trafficking Law No. 28 of 2012 in activating sub-committees headed by governors according to Article 4 / First of the Anti-Human Trafficking Law, in Baghdad and other governorates.
Associated with a region, developing practical plans to immunize society from the methods of traffickers to inflict victims, and coordinating with the Kurdistan Regional Government to prevent their offices and companies from smuggling foreign workers and workers who violate the terms of residency and work to Baghdad and the central and southern governorates, and the initiation of a national campaign to identify the dangers of human trafficking after the increase in the sale of persons And the sale of human organs in Iraq”. LINK
Samson: Israel announces opening the airspace and canceling visas with the Emirates
20th October, 2020
On Tuesday, Israeli Prime Minister Benjamin Netanyahu expressed his welcome to the historic visit of the first Emirati government delegation to Israel, referring to the broad prospects for cooperation after the two countries concluded a peace treaty last September.
In a speech he delivered with the arrival of the Emirati delegation, Netanyahu said that agreements will be signed with the UAE during the visit, indicating that they will make the best for the people.
The Israeli Prime Minister affirmed that there would be cooperation with the UAE in a number of areas: “We will cooperate in investment in order to create an economic environment that benefits all citizens and business leaders, who are many in the UAE and Israel.” He added that the UAE and Israel would cooperate in technology and industry in order to serve health and the environment: "All these things are wanted and deserved by the people of our two countries." He pointed out that the cooperation will include the aviation field and exemption from visas, pointing out that: "Skies will be opened between the UAE and Israel, and visas will be canceled between the two countries."
On Tuesday, the first government delegation from the UAE arrived in Israel to discuss cooperation in the fields of investment, trade and technology. According to "Sky News Arabia", agreements for Emirati-Israeli cooperation will be signed during the delegation's historic visit. The Emirati delegation includes Minister of State for Financial Affairs Hamid Al Tayer, Minister of Economy Obaid bin Touq, and Assistant Minister of Foreign Affairs and International Cooperation for Cultural Affairs Omar Ghobash.
On this visit, which is the first for an Emirati delegation to Israel after the signing of the peace treaty concluded last month between the two countries, the two sides will sign four agreements in various economic sectors.
Meanwhile, the US Secretary of the Treasury, Stephen Mnuchin, had confirmed that the peace treaty between the UAE and Israel would lay great foundations for the economic growth of all countries in the region during the next stage. LINK
Frank26 and KTFA Members Monday Night 10-19-2020
.Monday Night KTFA CC with Frank26 and Team
THE IQD UPDATE
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 10-19-20.....CBI.......I WOULD LIKE TO DATE YOU
THIS IS ALL IN FRANK'S OPINION
Monday Night KTFA CC with Frank26 and Team
THE IQD UPDATE
PLAYBACK IS: 605.313.5163 PIN: 156996#
Frank26: 10-19-20.....CBI.......I WOULD LIKE TO DATE YOU
THIS IS ALL IN FRANK'S OPINION
Samson: Iraq signs three memoranda with France in the fields of transportation, agriculture and education
10/19/2020 13:39:47
Iraq signed, on Monday, in the French capital Paris, three memoranda of intent in the fields of transportation, agriculture and education, in the presence of the Prime Minister, Mustafa Al-Kazemi and the French Prime Minister, Jean Castex.
The Iraqi Minister of Agriculture and the French Minister of Agriculture and Food signed a memorandum of intent to enhance cooperation between the two sides in the field of strengthening the institutional capabilities of the Iraqi Ministry of Agriculture, including the exchange of experiences in the fields of agriculture, training, veterinary education, phytosanitary and agricultural research.
The memorandum also includes encouraging agricultural and food partnerships in the fields of food and agricultural industries, agricultural machinery, and the development of land and water resources.
The Iraqi Minister of Transport signed a memorandum of goodwill declaration with his French counterpart regarding the construction of the suspended train in the capital, Baghdad, while the memorandum of intent, which he signed on behalf of the Iraqi Minister of Higher Education, Secretary General of the Council of Ministers Hamid Al-Ghazi, with the French Minister of Education, included strengthening cooperation in the field of education Between the two parties, expanding the acceptance of Iraqi students in French universities.
The Prime Minister, Mustafa Al-Kazemi, arrived on Sunday evening, the French capital, Paris, as part of a European tour that includes France, Britain and Germany, during which he will hold several discussions based on developing bilateral relations with the three countries and enhancing joint cooperation in various fields. LINK
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Samson: Related to the ministries .. Referring dozens of new corruption files to the Integrity Commission
10/18/2020 19:06
The Parliamentary Integrity Committee revealed, on Sunday, that dozens of new corruption files relating to a number of ministries were referred to the Integrity Commission.
A member of the committee, Sabah Taloubi, said, "The committee has completed the investigation of dozens of new files and referred them to the Integrity Commission, related to the Olympic and Boxing Federation, and other files in a number of ministries, including labor, social affairs, electricity, oil, health, agriculture, agricultural societies, others related to hydraulic industries and another file for Samarra medicines."
Taloubi added, "Some files were referred to the Integrity Commission after the investigation is completed, and some need a long time, so they are submitted to the Integrity Commission or the Public Prosecution to complete the investigative procedures," noting that "most of the reports that were referred are contracts." LINK
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Samson: Integrity: Executing an arrest warrant against the former governor of Nineveh
10/19/2020 14:12:22
Today, the Federal Integrity Commission announced that it was able to implement an arrest warrant against the former governor of Nineveh, indicating that the implementation of the order came after obtaining the approval of the competent court to consider integrity cases in the governorate.
In its discussion of the details of the order execution process, the investigation department of the authority stated that its staff in the governorate were able to implement the arrest warrant issued against the former governor, which was issued on the basis of the provisions of Resolution (160 of 1983) by the Judicial Investigation Authority that was established according to Order 126 of 2020 for looking into Of major corruption cases.
The Integrity Commission had announced that it had formed a high-level investigation team; To reveal the fate of the funds that were withdrawn before the dismissal of the former governor of Nineveh, and the arrest of a number of officials and employees in the governorate office; On charges of embezzlement and squandering state funds, as the amounts seized from their priorities exceeded 76 billion dinars. LINK
Samson: Kurdish deputy: 320 billion dinars, the Kurdistan’s share for the remaining three months of the year
19th October, 2020
A Kurdish deputy revealed, on Monday, that 320 billion dinars are the share of the Kurdistan region for the remaining three months of the year.
The deputy for the Kurdistan Islamic Union, Jamal Cougar, said, "The region's share for the remaining three months of this year will be 320 billion dinars, which will be sent from Baghdad to the region, until the 2021 budget is approved."
Earlier, Minister of Finance Ali Allawi stressed the importance of the white reform paper to overcome challenges, indicating that it was diagnosed with a scientific and objective vision of the economic and financial problems that have accumulated over decades, which were not the result of the current stage due to wrong policies that were followed in the past. LINK
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Samson: With a deduction of 18 percent ... Kurdistan begins distributing employees' salaries
18th October, 2020
The Ministry of Finance and Economy in the Kurdistan Regional Government announced, on Sunday, that it will distribute the salaries of last September to five ministries and the three presidencies on Monday (today), and will complete the distribution of salaries for all ministries and government departments in the region.
According to the salary distribution schedule, tomorrow, Monday, the salaries of September will be distributed to the ministries (municipalities, tourism, electricity, agriculture, water resources, culture, youth, reconstruction and housing).
According to the same schedule, Monday, the salaries of the same month will be distributed to the three presidencies (the regional presidency, the parliament presidency and the prime minister).
Thus, the distribution of the salaries of the month of September for all employees will end with a deduction of 18% of the salary, and the distribution of the salaries of retirees will follow. LINK
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Samson: The "double shock" of Iraq loses half of its fiscal revenues
19th October, 2020
The International Monetary Fund stated, on Monday, that the oil-exporting countries were most affected as a result of the "double shock" resulting from the repercussions of the Corona virus, indicating that Iraq had lost 50 percent of its financial revenues.
The fund said in a report for the month of October, seen by Shafaq News, that "the oil-exporting countries are most affected as a result of the double shock," noting that "oil prices fell to their lowest levels in 20 years between March and April."
He added, "In light of the decline in oil prices and its production, the data indicate the collapse of oil revenues in Iraq during the first half of 2020 by 50%," noting that "in the short and medium term, excess supply and large stocks remain a source of existing concern while the decline continues." The demand is due to the decrease in air travel, despite the recovery of road transport. "
He pointed out that "the curves of future oil contracts indicate an expected rise in prices to reach 48 US dollars per barrel in the medium term compared to 41 dollars in 2020, but it remains 25% below its average level in 2019."
The International Monetary Fund for the Middle East and Central Asia expected a decline in GDP in the region by 4.1% in 2020, and also expected a contraction of the economy. 1.3% more than expected in April 2020. LINK
Frank26 Video "HCL", MilitiaMan, and news Tuesday PM 10-13-2020
KTFA:
Frank26: I want to talk to you because I have been told to do so by WALKINGSTICK...
I would strongly advise you to come and listen tonight
I will keep it within 30 minutes ...
Frank26: 10-13-20.........HCL
This video is in Frank’s opinion
KTFA:
Frank26: I want to talk to you because I have been told to do so by WALKINGSTICK...
I would strongly advise you to come and listen tonight
I will keep it within 30 minutes ...
Frank26: 10-13-20.........HCL
This video is in Frank’s opinion
Samson: The Constitutional Amendments Committee Identifies The Most Important Controversial Issues, And Article 140 Affirms The Most Prominent Of Them
13th October, 2020
The Parliamentary Constitutional Amendments Committee identified controversial points in the constitution, most notably Article 140, which is the basic article in the relationship between Baghdad and Erbil.
Member of the committee, Representative Yonadam Kanna, said, in a statement to the official agency affiliated with it , on Tuesday, that "the points of contention in the constitution are Chapter 1, which is Article 140, as well as about the nature of the political system, whether presidential or parliamentary," pointing out that "other important points of disagreement are Related to government formation, is the largest parliamentary bloc or the winning list that forms the government.
Kanna added that "one of the points of contention is also in Chapter Two of rights and freedoms," noting that "there are 23 articles on rights and 10 articles on freedoms."
He pointed out that "the third chapter is to grant the citizen a decent living and to provide basic services, such as housing, education, health, care and others," noting that "these services are not available to the citizen despite their presence in the constitution."
He explained that "Article 140 of the articles, which is the main point of disagreement between Baghdad and Erbil, and that there will be a meeting soon between the political blocs and the political references of the Kurds and the Constitutional Amendments Committee to come up with a final formula on Article 140 in order to satisfy all parties." LINK
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Samson: Minister of Finance: The White Paper is a reform program for financial and economic affairs
13th October, 2020
Minister of Finance, Ali Abdul Amir Allawi, warned, on Tuesday, that Iraq is facing dangerous repercussions, while he confirmed that the White Paper will be a reform road map.
"The White Paper is a reform program for the financial and economic affairs in Iraq, and it will turn into legislation with the aim of reforming the economic and financial situation," Allawi said in a joint press conference with the Minister of Planning and government spokesman Ahmed Mulla Talal, held in Baghdad.
He added, "The situation of Iraq will be much better economically and the situation of the individual will improve if we succeed in implementing the white paper, as well as placing the liberated cities at the forefront of their concerns," noting that "one of the main axes in the white paper is to reform the situation in the provinces."
Allawi continued, "We face dangerous repercussions and the white paper is a reform road map," noting that "the border crossings are linked to the import movement and will not be as important as oil," noting that "Iraq imports materials worth $ 60 billion annually from abroad." LINK
Samson: The decisions of the Council of Ministers
13th October, 2020
The decisions of the Council of Ministers during today's session, which was held under the chairmanship of Prime Minister Mustafa Al-Kazemi.
The media office of the Prime Minister said in a statement that Mawazine News received a copy of, that "the Cabinet held its regular session headed by Prime Minister Mustafa Al-Kazemi, during which a number of issues and topics included in the agenda were discussed."
The statement added, "The Minister of Health and Environment, at the beginning of the session, presented a detailed report on the latest developments in the Corona pandemic in Iraq, and the government's efforts to contain the virus, reduce the rates of injuries and deaths throughout the country, and the efforts of the Ministry of Health to provide the necessary treatments and health supplies for all Hospitals, as well as continuing awareness campaigns on taking the preventive measures that must be adhered to.
He continued: "During the session, the reform white paper was discussed, where the Minister of Finance presented the final report of the emergency cell for financial reform in Iraq, which includes immediate plans to get out of the current financial crisis, and an explanation of the contents of the white paper, and its ability to achieve the advancement of the country's economy, which suffers from various problems. And it faces serious challenges, and the white paper is enough to address many of the defects that have accumulated over many years."
After discussing what was included in the agenda and what the discussions concluded about it, the Council issued the following decisions, according to the statement:
First / Approval of the White Paper for Economic and Financial Reform, taking into consideration the opinion of the Legal Department in the General Secretariat of the Council of Ministers, and the comments of the Council of Ministers.
Second / Extending the exception granted to the Ministry of Health, according to the decision of the Supreme Committee for National Health and Safety (9 of 2020), and the decision of the Council of Ministers (42 of 2020), regarding the Ministry of Health exemption from the instructions for implementing government contracts (2 of 2014) and its attached controls, and instructions for implementation The federal general budget upon its issuance, and in order to eliminate the Corona pandemic, to ensure the provision of medicines, supplies, and medical and laboratory devices without delay.
Third / Approval of the recommendation of the committee formed according to the Diwani order (34 of 2020) and the Diwani order (247 of 2020), which include:
- Authorizing the Ministry of Transport to negotiate the suspended Baghdad train project with a consortium of (Alastom-Hyundai) companies, and at the cost and period that will be determined based on the outputs of the report that will be submitted by the consultant, who will evaluate the proposal submitted by the two companies' consortium, and what will be reached through negotiations between the two sides, The issue was later presented to the Council of Ministers.
Fourth / Approval of the following:
1 - All creditor ministries and government agencies to provide the two ministries (trade and agriculture) with lists with a CD containing the debts owed to them by farmers, to set off the peasants’ dues and those debts and transfer them from the ministries of commerce and agriculture to the creditors.
2 - All ministries and government agencies not to fulfill the principal debts owed by farmers, and to cancel the delay interest from them, for those who have debts owed by government agencies equal to or greater than the amounts, and are required to pay them in light of the payment of their dues from government institutions.
3- Peasants marketers of strategic crops (wheat, barley, rice, corn) open accounts for them at the Agricultural Bank.
4- The Ministry of Commerce and Agriculture released the amounts owed to farmers to their accounts at the Agricultural Bank.
5- The Ministry of Agriculture supplies farmers and farmers with seeds and fertilizers, provided that the Ministry of Trade pays its sums to the aforementioned ministry.” LINK
Clare: First / Approval of the White Paper for Economic and Financial Reform,
THANKS SAMSON!.......... EXCELLENT!!
Samson: Iraq proposes to form a joint committee to settle financial issues with Iran
12th October, 2020
Central Bank Governor Mustafa Ghaleb Makheif proposed, on Monday, the formation of a joint committee with Iran to settle financial issues between the two countries, while indicating that he would use Tehran's experience in financing and banking.
"Fars" news agency quoted Makhaif as saying, during his meeting with his Iranian counterpart, Abdel Nasser Hemmati, who arrived in Baghdad this morning, that "Iraqi officials affirm that banking issues between the two countries will be resolved and that the problems will soon be resolved in light of the approved mechanisms," indicating that "we are trying Continuing banking cooperation with the Islamic Republic of Iran, and we will use Tehran's experience in financing and banking. "
“All our efforts are to continue cooperation between the two countries, and the existing problems in the field of financial and monetary claims by Iran will be solved,” Mukhaif added, noting that “there are some mechanisms that can be used to help enhance banking and monetary cooperation between the two countries and solve the existing problems.” "We suggested forming a joint committee in the presence of banking and financial officials from the two countries to find the necessary solution to settle financial issues between Iran and Iraq," he said.
For his part, the governor of the Central Bank of Iran said, "I hope that the banking and financial problems between the two countries will be resolved in light of the determination and will of the Iraqi authorities."
Hemmati considered relations between Iraq and Iran "very important and effective," stressing that his country "attaches great importance to developing cooperation with Baghdad."
The governor of the Central Bank of Iran arrived in Baghdad this morning, heading a delegation to meet and consult with Iraqi officials, including Prime Minister Mustafa Al-Kazemi. LINK
MilitiaMan: FINAL ARTICLE #280:
"The economist Ahmed Al-Salami wrote an explanation about some countries deleting zeros from their currency and the possibility of applying them in Iraq, while referring to the possibility of making the Iraqi currency strong and has global demand, in what he described as the free dinar.
"Iran will soon delete four zeros from its currency and convert it from the riyal to the new toman officially and have completed the legal series for that, and at that time it will be 100 dollars equal to 300 toman only instead of 3 million tomans or 30 million riyals," Al-Salami said in a clarification received by "Yes Iraq." .
MilitiaMan: A common thought is from a respected Journal is:" that important beneficial effects of currency unions come through the promotion of trade." ~ MM
https://www.jstor.org/stable/2696432?seq=1
MilitiaMan: Something to think about is that the FA #280 is talking about the Deletion of Zeros for Iran and Strengthening the IQD and then in #283 we see talk of the Reform Papers.
The common denominator here is that Iraq and Iran are in the news of recent talking about having similar objectives and that is banking measures. The timing of this is by no coincidence imo..
We see the White Papers are today issued accordingly. We wait and see the details within them. I'll bet the world is watching.. lol imo They know from all that Iraq has spoken about of late and in DC.. Game on! imo ~ MM
Governor of the Central Bank: We are determined to implement the reform plan to promote the work of the banking sector
"" Depletion of foreign currency to buy the most insignificant commodities and deplete the cash balance, instead of facilitating official and accounting transactions, packages, storage, transportation, use of versatile metal change and revolutionary digital currency through cards and gain confidence internally and externally, needs a revival, stimulation and progress in this aspect, easy projects that are waiting for their hero, below. Conceptual models for the deleted Iraqi currency, the "free dinar" zeros." LINK