Frank26 and KTFA Members Friday Afternoon 3-26-2021
.Note: Thank you Frank, for all you do, and we hope you have a speedy and complete recovery!
KTFA:
FRANK26: GREETINGS FAMILY........... I WANTED TO TALK ABOUT TWO THINGS......MY OPERATION HAD MINOR COMPLICATIONS THAT PUT ME IN A HIGHER LEVEL OF PAIN. I THANK YOU FOR YOUR PRAYERS AND KNOW THAT TINK AND I PRAY FOR YOU.
SECONDLY............WALKINGSTICK AND I GAVE YOU OUR OPINION TWO WEEKS AGO AND WE CALLED IT PHASE 1, 2 AND 3. DEFINED IT............EXPLAINED IT..........AND EVEN WENT OVER IT DEEPER BY DRAWING IT OUT ON MY EASLE BOARD.
CHINA........KUWAIT..........AND CERTAINLY COUNTRIES LIKE IRAQ THAT ARE GOING THROUGH A MONETARY REFORM ARE GOING TO PUT OUT MISLEADING INFORMATION. ONLY THE WEAK WOULD FEED OFF OF THIS AND GET SICK.
THE STRONG THAT ARE KTFA KNOW THAT WHAT WE HAVE SHARED WILL COME ABOUT. REGARDLESS IF IT'S PRESENTED IN OUR OPINION ...............
IF YOU LOOK IN THE FINAL ARTICLE THREAD RIGHT NOW YOU WILL SEE ARTICLES THAT ARE WARNING YOU TO BE AWARE OF LIES AND RUMORS CONCERNING IRAQ.
I WISH YOU ALL WELL AND I WISH THE WELL AMONG US WOULD BECOME STRONG.
THANK YOU KINDLY.......F26
Note: Thank you Frank, for all you do, and we hope you have a speedy and complete recovery!
KTFA:
FRANK26: GREETINGS FAMILY........... I WANTED TO TALK ABOUT TWO THINGS......MY OPERATION HAD MINOR COMPLICATIONS THAT PUT ME IN A HIGHER LEVEL OF PAIN. I THANK YOU FOR YOUR PRAYERS AND KNOW THAT TINK AND I PRAY FOR YOU.
SECONDLY............WALKINGSTICK AND I GAVE YOU OUR OPINION TWO WEEKS AGO AND WE CALLED IT PHASE 1, 2 AND 3. DEFINED IT............EXPLAINED IT..........AND EVEN WENT OVER IT DEEPER BY DRAWING IT OUT ON MY EASLE BOARD.
CHINA........KUWAIT..........AND CERTAINLY COUNTRIES LIKE IRAQ THAT ARE GOING THROUGH A MONETARY REFORM ARE GOING TO PUT OUT MISLEADING INFORMATION. ONLY THE WEAK WOULD FEED OFF OF THIS AND GET SICK.
THE STRONG THAT ARE KTFA KNOW THAT WHAT WE HAVE SHARED WILL COME ABOUT. REGARDLESS IF IT'S PRESENTED IN OUR OPINION ...............
IF YOU LOOK IN THE FINAL ARTICLE THREAD RIGHT NOW YOU WILL SEE ARTICLES THAT ARE WARNING YOU TO BE AWARE OF LIES AND RUMORS CONCERNING IRAQ.
I WISH YOU ALL WELL AND I WISH THE WELL AMONG US WOULD BECOME STRONG.
THANK YOU KINDLY.......F26
Samson: Al-Ta'i reference : Iraqis' money should not be wasted by budgeting in the pockets of the corrupt
26th March, 2021
The religious authority, Sheikh Qassim Al-Taie, called for "not to waste the money of the Iraqis by budgeting in the pockets of the corrupt." As he put it
"The budget is built on the price of a barrel of oil being $ 45, and now it is sold at more than $ 63 per barrel, which means that there is a surplus of nearly $ 20 that should not be wasted in the pockets of the corrupt," the reference to Al-Taie said to "Tigris."
He called for "keeping this surplus from the price of oil in its own national treasury and accumulating for six months until it reaches a large sum that can be distributed to all Iraqis, noting that" this is an opportunity that should not be missed, which is in the interest of the Iraqi people of all sects. LINK
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Samson: Cabinet intends to vote on the holiday law next week
25th March, 2021
The Minister of Culture, Tourism and Antiquities, Cabinet Spokesman Hassan Nazim, announced that the Council of Ministers will vote on the law on public holidays next week
Nazem said that "the law on official holidays has been completed and will be submitted to the Council of Ministers next week for a vote," indicating that "the law includes 12 holidays that take into account all components of the Iraqi people
Nazem added, "The House of Representatives will vote on the Iraqi National Day project soon after it is submitted," indicating "the ministry's intention to work on the national anthem project
Nazem disclosed that "the Ministry of Culture has drafted a new law pertaining to the Ministry," noting that "the new Ministry of Culture Law includes a merger of departments LINK
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Samson: An upcoming memorandum of understanding between Iraq and Armenia in this regard
25th March, 2021
Minister of Defense, Jumah Inad, and his Armenian counterpart Nikole Pashnyan, today, Thursday, signed a statement of common intentions in preparation for the signing of a memorandum of understanding in the security and military field.
"I visited the Republic of Armenia, at the invitation of Nikole Pashnyan, the Minister of Defense, and we signed a statement of common intentions in preparation for the signing of a memorandum of understanding between the defense ministries of the Republic of Iraq and the Republic of Armenia."
He added, "We also discussed ways to enhance cooperation and coordination in the field of defense and exchange experiences in the field of technology for military industries."
He continued: "I also met with the Prime Minister of Armenia Nikol Bash, the Minister of High Technology Industry Hagop Archakyan, and the Armenian Foreign Minister Ara Evazyan." LINK
Samson: The Minister of Industry is discussing in Amman the establishment of a joint economic city with Jordan
26th March, 2021
On Friday, Minister of Industry and Minerals, Manhal Al-Khabaz, discussed with his Jordanian counterpart joint industrial cooperation agreements, as a continuation of the bilateral and tripartite meetings of the Iraqi ministerial delegation in Amman
The ministry stated in a statement that "Al-Eqtisad News" received a copy of it, that "Minister Manhal Aziz Al-Khabaz discussed with the Jordanian Minister of Industry, Trade and Supply, namely on joint industrial cooperation agreements to complete the bilateral and tripartite meetings of the delegation of the Iraqi-Jordanian-Egyptian Coordination Council in light of the preparations for the tripartite summit of the leaders of the three countries
The two sides discussed, according to the statement, "the industrial integration project and mechanisms for activating cooperation in various industrial fields, especially in the field of pharmaceutical industries, veterinary medicines, chemical industries, textile and leather industries and others, in addition to completing discussions regarding the procedures for establishing the joint economic city and a number of joint industrial activities and issues in order to reach a final formula." The Protocol for Industrial Cooperation and Partnership between Iraq and Jordan LINK
GMan: Last time this industrial city was talked about, it was MOU in articles. Now it is an agreement. The difference was talked about by MM and/or PETRA. All IMO
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Samson: The Kurdistan Democrat : Political parties try to block the approval of the budget
26th March, 2021
The leader of the Kurdistan Democratic Party, Shakhwan Abdullah, accused political parties (he did not name her) of obstructing the approval of the budget.
Abdullah told "Tigris", "These forces invoke various pretexts to disrupt the budget, including the regional budget that is dealt with outside the legal and constitutional frameworks, as well as adjusting the exchange rate of the dollar against the dinar."
He explained, "The issue of adjusting the exchange rate of the dollar against the Iraqi dinar is not concerned with the House of Representatives, but it is related to the Central Bank Law, Article 4 of it, and it is one of the competencies of the Central Bank, indicating that" the terms of reference of the House of Representatives regarding the budget are limited to transfers and allocations, and in the case of To increase it, it must be approved by the government."
He added, "These practices are aimed at not holding elections. By passing the budget, excuses will not remain for not dissolving Parliament, and there will be a sufficient budget for the Board of Commissioners in the Elections Commission to hold the elections, indicating that" there are political parties that fear early elections because they are convinced that it may lose Its political weight at the government and parliament levels." LINK
Jerry1971: IMO SAME OLD STORY WHEN THE MOMENT ARRIVES FOR VOTE ON THE BUDGET THESE INSTALLED IRANIAN POLITICIANS IN IRAQ PARLIAMENT DO THEY LEVEL BEST TO STOP THE VOTING AND HENCE THIS KEEPS ON DRAGGING WEEK AFTER WEEK MONTH AFTER MONTH DON'T KNOW WHEN THAT GOLDEN DATE WILL ARRIVE FOR THE CBI TO PULL THE TRIGGER …..YET HOPING FOR THE BEST TO HAPPEN SUDDENLY.
Realtormc: IMO,All the stuff about the budget is meaningless. It seems that they can change the rate whenever they want. Did they pass a budget to change it to 1450??? Nope! They just did it. Also Quarter 1 is over in a couple days, so let's see what happens.
Fleming, Jeff and Frank Friday Night 3-19-2021
.Friday Night Fleming RV Update
Fleming: Our military intel contact did say the adjudicated settlements including sovereigns like the Native Americans and Black Farmer Pickford settlements are fully liquid as of today Fri 19 March
He said his info is that higher level T3-4A groups and higher level bond sellers are actually receiving notifications now (they’re going quiet under NDAs too) to access funds in their accounts with only 1% accessible till T4B notifications come to us any time tomorrow Sat 20 March or if it takes the 2,500 Admirals subgroup paymasters longer this weekend to downstream liquidity to their downline accounts,
T4B may be started and the shotgun start may be closer to next Mon-Tue 22-23 March BUT he emphasized THE LINE AHEAD OF US IN T4B IS MOVING RIGHT NOW and WE ARE VERY CLOSE, LIKE NEVER BEFORE—
Friday Night Fleming RV Update
Fleming: Our military intel contact did say the adjudicated settlements including sovereigns like the Native Americans and Black Farmer Pickford settlements are fully liquid as of today Fri 19 March
He said his info is that higher level T3-4A groups and higher level bond sellers are actually receiving notifications now (they’re going quiet under NDAs too) to access funds in their accounts with only 1% accessible till T4B notifications come to us any time tomorrow Sat 20 March or if it takes the 2,500 Admirals subgroup paymasters longer this weekend to downstream liquidity to their downline accounts,
T4B may be started and the shotgun start may be closer to next Mon-Tue 22-23 March BUT he emphasized THE LINE AHEAD OF US IN T4B IS MOVING RIGHT NOW and WE ARE VERY CLOSE, LIKE NEVER BEFORE—
He said the moment-by-moment suspense of Iraq’s parliament meeting today about to announce its HCL, budget, and IQD RV rate today or tomorrow Sat 20 March IS A SIGN WE ARE FINALLY AT THE END;
He said stop saying that this all sounds like it sounded in the past; he said we have NEVER been this close to the shotgun start;
He confirmed Mr Fleming’s source saying we should celebrate that D1 and D2 actually FULLY DISBURSED funds last Tue-Wed 16-17 March—THIS NEVER HAPPENED BEFORE ... EVER
He said we should be celebrating that D2 was FULLY disbursed to UST accounts day before yesterday Wed 17 March St Patrick’s Day, because that is the source for our T4B exchanges and for the $1.9 Trillion stimulus bill $1,400 direct deposits and checks that did NOT go live or go out en masse till Wed 17 March the same day D2 completed being disbursed.
He said keep your heads up, keep all in prayer, and expect the interim military govt to increase disclosures by late March
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Courtesy of Dinar Guru
Jeff Article: "Deputy: Agreement to pass the Federal Court law today and pass the budget Saturday" Pass the budget Saturday...4 weeks ago I told you you were not going to see the budget until Saturday the 20th. Boom! Nailed it! Budget Saturday because they don't want you to see it. Remember I told you they're going to change the rate roughly 24 hours later...
Jeff Article: "Parliamentary Finance: There's is no adjustment of the exchange rate in the budget" This article is China syndrome...in the past right before China reinstated or revalued the currency as well as Kuwait, both of them put out articles telly you they have no intentions of revaluing. A few days later BAM Changed it...What have I been telling you? Parliamentary Finance is full of B.S. and horse crap. They lie to you...we're not buying it...IMO Iraq is on track to change their rate this coming Sunday the 21st.
Friday Night KTFA CC with Frank26
3-19-21........IT USED TO BE WEEKS
Streamed live 110 minutes ago
THIS VIDEO IS ALL IN FRANK'S OPINION
Frank26: In our opinion- Phase 1 is here……….
What Frank’s suit color’s mean…. 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
KTFA, Charlie Ward, Frank26 and more Monday PM 3-16-2021
.KTFA:
Samson: Al-Khalidi: The road to negotiations is closed, and the budget is destined to be passed by the majority
19:16 - 16/03/2021
Representative Anan Bayariq Al-Khair Muhammad Al-Khalidi confirmed, on Tuesday, that the parliament has officially reached a dead end regarding the budget negotiations, indicating that the matter is heading to pass it by the majority and carry over the problems with the region to the next year.
Al-Khalidi said to / the information / that "all the negotiations on the budget did not lead to solutions regarding the region’s share and the delivery of its imports, and no solutions looming on the horizon."
He added that "the negotiations reached a dead end, officially after the Kurds adhered to their demands and rejected the large blocs to them and the silence of the central government."
KTFA:
Samson: Al-Khalidi: The road to negotiations is closed, and the budget is destined to be passed by the majority
19:16 - 16/03/2021
Representative Anan Bayariq Al-Khair Muhammad Al-Khalidi confirmed, on Tuesday, that the parliament has officially reached a dead end regarding the budget negotiations, indicating that the matter is heading to pass it by the majority and carry over the problems with the region to the next year.
Al-Khalidi said to / the information / that "all the negotiations on the budget did not lead to solutions regarding the region’s share and the delivery of its imports, and no solutions looming on the horizon."
He added that "the negotiations reached a dead end, officially after the Kurds adhered to their demands and rejected the large blocs to them and the silence of the central government."
He explained that "things tend to be passed by the majority and the existence of a movement to collect parliamentary signatures to pass them by the majority," noting that "the majority means transferring problems between the center and the region to the next year and the next parliamentary session and complicating the political scene even more." LINK
DocMaAgee96: Soooooo....no budget passed till “next year”?
Toyvp: DOC THEY SAY THAT THIS BUDGET WILL BE PASSED BY MAJORITY AND THAT THE NEGOTIATIONS FOR A BIGGER PIECE WILL ROLL OVER TO THE NEXT YEARS BUDGET.........SO IMO THIS YEARS WILL PASS.................NEXT YEAR THERE WILL BE SOME MORE SHOE THROWING
Eagle1968: Hello family. I asked this question last night but received no answer. Does anyone know where the Asian basket fits into the 3 phases that we are currently looking for?
Thanks for all responses.
Pattycakes77: I have no clue but curious to know if anyone knows what the dong will RV at.
Toyvp: EAGLE1968 THE ASIAN BASKET IS NOT PART OF 3 PHASE OF MIDDLE EASTERN BASKET THE ASIAN BASKET FRANK FEEL'S MAY COME OUT LATER DOWN THE ROAD BUT NOT WITH THE ME BASKET...........
PATTYCAKES.....NO ONE KNOWS THAT VALUE, THOUGH THERE HAS BEEN "SPECULTIONS" FROM FRANK'S POSSIBLE .05 CENTS UP TO $1 I POSTED A WHILE BACK OF THIER GDP AND SUSTAINED GROWTH OF 7% PREDICTED TO 2025 I ALSO POSTED AN ARTICLE THAT FRANK TALKED ABOUT LAST WEEK IN A YOUTUBE ABOUT THEM BEING ON WHAT IS CALLED A SLOW CRAWLING PEG
( A crawling peg is a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.
The par value of the stated currency and the band of rates may also be adjusted frequently, particularly in times of high exchange rate volatility)
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TNT:
Tishwash: Kurdistan’s share of the budget is 12%, and the previous rates will not return
The Parliamentary Finance Committee confirmed that the share of the Kurdistan region in the budget is 12.67%, and while confirming that the previous percentages will not return, it disclosed that the Kurdistan region gave data on the salaries of institutions without the number of employees .
Committee member Magda Al-Tamimi said, “The Kurdistan region gave us data on the salaries of institutions without the number of employees,” indicating that “the Kurdistan region says that it has received 92 trillion dinars out of 177 since 2005. ”
Al-Tamimi added, “The proceeds of the Kurdistan region from the official outlets are more than a trillion dinars during a year,” stressing that “the share of the Kurdistan region in the budget is 12.67 percent and the previous rates will not return .”
And she continued, “We do not want to pass the budget by majority, but by mutual consent between all parties,” indicating that “there must be a settlement between Baghdad and Erbil to see the student and the wanted since 2012.” link
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Courtesy of Dinar Guru https://www.dinarguru.com/
Jeff I've been telling you that if they're going to do the rate change this month in March, their back wall for March has to be Sunday the 21st to do it. The reason why is because...they would need the last week of March to complete the suspended laws...they just need one reading and they're done...we're in great shape...
Frank26 We have a date. It's a solid date. At the onset it will come out at a rate 1 to 1 IMO. That rate will be domestically and internationally recognized. This is the process of monetary reform - the lava flow that we call the redenomination, the revaluation and now finally the reinstatement...this phase is approaching us in the near proximal future... [Post 1 of 1...stay tuned]
Frank26 1 to 1 ... Inside of Iraq you're going to have one dinar. What are you going to have in the the other hand? A dollar? NO! They base it on the exchange rate of the dollar. They don't have any dollars in their country...a dinar is a dinar inside the country of Iraq. The value of that dinar is equivalent of an American dollar. Not bad. You got purchasing power. Outside of Iraq it depends on what you want to convert it into...Let me ask you this. Outside of Iraq I have a 25K note in my hand - What do I have in my other hand and I'm an American citizen? $25,000 dollars... Internationally it's a completely different ball game... [Post 2 of 2]
Charlie Ward
QFS & RV news coming soon, Insiders Club Members will hear it first from Charlie
March 16th, 2021.
https://www.bitchute.com/video/K8wCCgPGyJla/
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(3/16) Kurdistan Regional Government Holiday of Nowruz
Dinar investor: Mar 16, 2021
Monday Night KTFA CC with Frank26 and Team "We Now Have ........Value"
.Monday Night KTFA CC
Frank26: 3-15-21......WE NOW HAVE....................VALUE
This video is in Frank’s and team’s opinions.
Frank’s Team is Walkingstick, Militiaman and Petra
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
Monday Night KTFA CC
Frank26: 3-15-21......WE NOW HAVE....................VALUE
This video is in Frank’s and team’s opinions.
Frank’s Team is Walkingstick, Militiaman and Petra
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
Frank26 Tuesday Night Video "Q&A with MM and Petra" 3-9-2021
.KTFA
Tuesday Night KTFA CC
Frank26: 3-9-21......Q&A WITH MM AND PETRA
Guests are MilitiaMan, Petra and Walkingstick
REER = REAL EFFECTIVE EXCHANGE RATE
KTFA
Tuesday Night KTFA CC
Frank26: 3-9-21......Q&A WITH MM AND PETRA
Guests are MilitiaMan, Petra and Walkingstick
REER = REAL EFFECTIVE EXCHANGE RATE
KTFA Members "News and Views" Tuesday 3-9-2021
.KTFA:
JJimmyJJ: This isn't proposing to be a summary, it is only my opinion of what I heard tonight from Frank and Walkingstick (thanks guys!), so take it for what it's worth. If the mods want to delete this because it isn't official, I won't be offended. But, here is what I think I heard tonight about what the next parts of the plan are for the Iraqi dinar:
1) Planning is done.
They are done with the plan to announce 1:1 in country. The announcement of the NSCNs (lower denoms) is part of that. No date for when they'll announce it all, but it SHOULD be soon--not months. More likely days or weeks.
2) Benchmarks for 3-zero note recovery.
After the announcement of the 1:1 rate change and the NSCNs, they are going to be monitoring the rate of recovery of the 3 zero notes. In other words, they have a target for how many "mattress dinars" are turned into the banking system. Once they recover a certain number count AND a certain monetary amount back into the CBI, this (along with other, unknown benchmarks) will trip another change of the rate inside Iraq (increasing the rate again). No timeframe, but perhaps weeks or months.
KTFA:
JJimmyJJ: This isn't proposing to be a summary, it is only my opinion of what I heard tonight from Frank and Walkingstick (thanks guys!), so take it for what it's worth. If the mods want to delete this because it isn't official, I won't be offended. But, here is what I think I heard tonight about what the next parts of the plan are for the Iraqi dinar:
1) Planning is done.
They are done with the plan to announce 1:1 in country. The announcement of the NSCNs (lower denoms) is part of that. No date for when they'll announce it all, but it SHOULD be soon--not months. More likely days or weeks.
2) Benchmarks for 3-zero note recovery.
After the announcement of the 1:1 rate change and the NSCNs, they are going to be monitoring the rate of recovery of the 3 zero notes. In other words, they have a target for how many "mattress dinars" are turned into the banking system. Once they recover a certain number count AND a certain monetary amount back into the CBI, this (along with other, unknown benchmarks) will trip another change of the rate inside Iraq (increasing the rate again). No timeframe, but perhaps weeks or months.
3) 3-Zero note exchange deadline
There will also be a timeline given for when the 3 zero notes must be turned into the CBI (inside Iraq, not outside Iraq). If you are within Iraq and miss that deadline, your notes will be worthless. Once that deadline is passed, they will raise the rate inside Iraq again. Perhaps to around $4.25 to 1 dinar. No timeline on when this will happen.
Once #1 above happens, the demand within the international market will force the exchange rate for the Iraqi dinar outside Iraq to begin to rise.
Thanks again to Frank for his conference call tonight, and to WS and the other team members for bringing this to us. My apologies for what I missed and/or misunderstood.
Oh, and to quote Frank, all this is IMO
Clare: NICE SUMMARY HOWEVER...I WOULD LIKE TO POINT OUT A CORRECTION.... FRANK SAID THE $4.25 WAS THE CAP INTERNATIONALLY IN HIS OPINON...
AFTER THE 1-1 AT THE ONSET, THERE WILL BE ANOTHER RATE INCREASE INSIDE OF IRAQ. FRANK SAID THE RATE & TIMEFRAME WAS UNKNOWN OF THAT 2ND INCREASE.... imo
Monday Night KTFA CC: 3-8-21......IMO.....123......THIS IS IT
TUESDAY -FROM FRANK....TONIGHT!!! YOUTUBE WITH FRANK @ 7PM EST....
AND FOR THE FIRST TIME EVER!!!....WALKINGSTICK WILL JOIN FRANK VIA EARBUD ON THE PHONE
TO ANSWER QUESTIONS FROM MILITIA MAN & PETRA ON LAST NIGHT'S INFORMATION!!!
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Samson: Iraq declares an official holiday
9th March 2021
The Cabinet decided to suspend official working hours tomorrow, Wednesday, in the capital, Baghdad, on the occasion of the anniversary of the death of Imam Musa bin Jaafar al-Kadhim.
In a brief statement received by Shafaq News, the council excluded the service and security departments from the holiday.
In the meantime, the governorate of Baghdad announced the suspension of the official working hours on Wednesday and Thursday for all its departments, with the exception of health and municipal institutions, for the same occasion.
The local government in the Iraqi capital said in a statement that the suspension of work hours will include all departments and directorates of Baghdad governorate, with the exception of health institutions and the municipality, to ensure the continuation of the provision of treatment and municipal services.
The governorates of Maysan, Wasit and Karbala, which are predominantly Shiite, decided to suspend work hours in their departments and institutions tomorrow, Wednesday, for the same occasion.
The Imami Shiite Muslims in Iraq commemorate the death of the seventh imam, Musa bin Jaafar bin Muhammad bin Ali bin al-Hussein bin Ali bin Abi Talib on the 25th of Rajab every year, as millions of visitors flock to the shrine in the city of Al-Kazemi, north of the capital, Baghdad. LINK
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Samson: Iran is waiting for Iraq to pay its debts, and the Finance Minister: is on the list of priorities
9th March, 2021
The Iranian ambassador in Baghdad, Iraj Masjedi, held a meeting with the Iraqi Finance Minister, Abdul Amir Allawi; To discuss the issue of recovering the frozen Iranian assets in Iraq
The meeting between Allawi and Masjedi, which was held yesterday, Monday, dealt with the political atmosphere between the two countries and the mechanisms for paying Iran's financial demands from the Iraqi side, according to IRNA. In addition, Iraqi Finance Minister Ali Allawi stressed that "Iran's financial demands are on the list of priorities and that the necessary estimates have been drawn up in this regard
It is noteworthy, that Iran is asking Iraq sums of money worth 6 billion dollars, in return for its exports of electricity and gas to this Iraq. It is noteworthy that Iranian Energy Minister Reza Ardakanian said at the end of 2020 that his country had received about 700 thousand dollars from Iraq in exchange for electricity and gas exports
Ardakanian added that during his visit to Iraq, meetings were held, and good agreements were reached regarding dues to export electricity and gas to Iraq. The Minister of Energy also said, (December 29, 2020), that Iran will pay for the purchase of the Corona vaccine from Europe with its own money in Iraq
Earlier, the Iraqi Ministry of Electricity warned that a number of cities, including the capital, Baghdad, are at risk of power outages due to the decline in Iranian electricity exports LINK
Monday Night KTFA CC with Frank26: "IMO...123.....This Is It!" 3-8-2021
.KTFA:
Monday Night KTFA CC with Frank26 and Team
March 8, 2021
3-8-21......IMO.....123......THIS IS IT
THIS IS ALL IN FRANK, MILITIAMAN & PETRA'S OPINION
PLAYBACK IS: 605.313.5163 PIN: 156996#
KTFA:
Monday Night KTFA CC with Frank26 and Team
March 8, 2021
3-8-21......IMO.....123......THIS IS IT
THIS IS ALL IN FRANK, MILITIAMAN & PETRA'S OPINION
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
Monday Night KTFA CC: "In the Near Proximal Future" 3-1-2021
.KTFA
Monday Night KTFA CC with Frank26 and Team Petra and MilitiaMan
Frank26: 3-1-21... IN THE NEAR PROXIMAL FUTURE
This video is in Frank’s and team’s opinions only
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
RED=HIGH ALERT!!!!
KTFA
Monday Night KTFA CC with Frank26 and Team Petra and MilitiaMan
Frank26: 3-1-21... IN THE NEAR PROXIMAL FUTURE
This video is in Frank’s and team’s opinions only
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
RED=HIGH ALERT!!!!
The first half of CC is members and products: The second half of CC is Frank, Intel and Teams
KTFA Monday Night CC with Frank26 "CBI Tells Citizens Again Of 000's " 2-22-2021
.KTFA Monday Night CC with Frank26:
2-22-21
CBI TELLS CITIZENS AGAIN OF 000’s
THE FOLLOWING VIDEO IS ALL IN FRANK'S OPINION
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
KTFA Monday Night CC with Frank26:
2-22-21
CBI TELLS CITIZENS AGAIN OF 000’s
THE FOLLOWING VIDEO IS ALL IN FRANK'S OPINION
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
KTFA Monday Night CC with Frank26 " The New Exchange Rate" 2-15-2021
.KTFA:
Monday Night CC with Frank26 and Team
Feb. 15, 2021
2-15-21.....THE NEW EXCHANGE RATE
This video is in Frank’s and Team’s opinions.
Frank26: It is impossible for Iraq to go digital Internationally unless the rate has risen..(see article below) In this article they say they have enough to back up their hard currency and their digital currency.
KTFA:
Monday Night CC with Frank26 and Team
Feb. 15, 2021
2-15-21.....THE NEW EXCHANGE RATE
This video is in Frank’s and Team’s opinions.
Frank26: It is impossible for Iraq to go digital Internationally unless the rate has risen..(see article below) In this article they say they have enough to back up their hard currency and their digital currency.
Plus a Special Report from Walkingstick…and Team MilitiaMan, Petra and Delta
PLAYBACK IS: 605.313.5163 PIN: 156996#
What Frank’s suit color’s mean…. 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
Samson: Is there a threat to hard currency reserves? The central bank explains
14th February, 2021
The Central Bank of Iraq ruled out, on Sunday, the existence of a threat to hard currency reserves as a result of borrowing, indicating that the oil market recovery maximizes the reserve.
The Director General of the Accounting Department at the Central Bank, Ihssan Shamran, said, according to the official agency, that "the dollar reserve of the Central Bank is not directly affected by the borrowings that the Ministry of Finance makes from banks," noting that "its impact is indirect and limited."
He pointed out, "The Central Bank monitors and ensures the safety of Iraqi dinars that are handed over to traders to buy dollars for fear that their sources are unknown or related to money laundering crimes, after which the dollar is delivered."
He explained that "the market now feels a little relaxed (Having had time get over the shock from it. imo ~ MM) after changing the exchange rate, which contributed to reducing the import process and creating competition between Iraqi and foreign goods," noting that "changing the exchange rate (Again, imo. ~ MM) will help the national product in marketing its goods after the imported goods have become high in value (Expensive due to devaluation, imo ~ MM) by about 22%."
(22% of the value of the IQD was lost, hence products went up in price and inflationary event. Not good for the Citizens and against the White Papers and the IMF.. imo ~ MM)
He pointed out that "the change in the exchange rate made by the Central Bank in favor of supporting the national product against the importer." He continued that "the recovery of the oil market would maximize the hard currency needs and reduce the deficit in the general budget for 2021, noting that the dollars collected from the oil sales differences will strengthen the foreign operation reserves of the central bank, and this will also reduce the pressure on the bank’s reserves of currency." LINK
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MilitiaMan: What happens when exchange rate decreases?
a. If the dollar (dinar) depreciates (the exchange rate falls), the relative price of domestic goods and services falls while the relative price of foreign goods and services increases. 1. The change in relative prices will increase U.S. (Iraq) exports and decrease its imports.
The exchange rate has an effect on the trade surplus or deficit, which in turn affects the exchange rate, and so on. In general, however, a weaker domestic currency stimulates exports and makes imports more expensive. Conversely, a strong domestic currency hampers exports and makes imports cheaper.Mar 20, 2020
How does currency devaluation affect imports and exports?
First, depreciation (devaluation) of currency increases the volume of exports and reduces the volume of imports, both of which have a favourable effect on the balance of trade, that is, they will lower the trade deficit or increase the trade surplus.
MilitiaMan: Emphasis is mine to (Iraq)...~ MM
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Is it better if the exchange rate is higher or lower?
A falling exchange rate can be beneficial if the economy is uncompetitive and stuck in a recession. A devaluation helps to increased demand for exports and create jobs. ... However, in a boom, a devaluation could lead to inflation. Also, a devaluation does reduce living standards as imports become more expensive. Sep 10, 2019
IMF per Article IV Consulatation:
Directors emphasized that reducing fiscal imbalances is critical to ensuring fiscal and debt sustainability. They welcomed the authorities’ planned fiscal reforms in the “White Paper” and encouraged their careful prioritization and swift implementation while minimizing the impact on the vulnerable. To create room for the much-needed reconstruction and social safety nets, Directors highlighted the importance of strengthening public finances.
Directors concurred that the recent exchange rate adjustment would help reduce external imbalances and preserve foreign exchange reserves. They underscored that a strong fiscal framework remains critical to ensuring the credibility of the "new exchange rate peg" as well as minimizing future need for monetary financing of the budget. Directors also saw need for further monetary policy measures by the "central bank to contain inflation."
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"The price of the dollar will remain as it is now until the "coming of another budget", "whether supplemental"
(Highly likely, imo ~ MM) or the 2022 budget ( Goinig out that far to 2022 is inflationary, not going to happen, imo ~ MM), then it will be possible to change the price if the government has a large abundancethat helps to overcome the expenditures of budget pressure.
LINK
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MilitiaMan: The Central Bank is not lying about what they are saying at present nor would they, but, keep in mind what they are to do in the short term will have another effect, as well other than just stimulating job creation, opening doors to investors, etc.. Once the playing field is leveled (digitized) within the region and globally, and the IQD exchange rate becomes an international one the differential in value pricing of the IQD will be a mute point in regard to the above, imo. As the introduction of the new rate will be treated vastly different than a program rate. imo. Not to say they will not have to defend the rate to contain inflation while still be competitive in the markets of the region, etc.. ~ MM
So, if we keep in mind it is not the CBI's job to lie to anyone and it is not their job to hold our hands along the way through the reform process, but it is their job to inform the world with reasonable ad accurate data. A requirement of international standards. Now also keep in mind they muddy waters when doing so. It takes a keen eye and an open mind to the larger picture to glean the wheat from the chaff. However, in other cases there is specific data on reform issues.. Ones that say there is interconnectedness, integration and implementation.~ MM
"３. Enhancing communication between project officials and work teams on matters pertaining to each project, and coordinating the interconnectedness of the various projects within the reform program with the aim of enhancing integration and synchronization in implementation."..~ Deepwoods post 50 Feb11
MilitiaMan: That there statement is data that is supporting a new process within the White Papers in regard to reform shows change is coming. Change that is not to harm the vulnerable!!. ~ MM
There is also pressure from neighboring countries and one to note is Kuwait.. Kuwait just differed debt payments for reparation's again. They do this at a time now while under scrutiny with respect to their currency peg. So, think about it, with Iraq ready to change their currency again, those that hold the Dinar will rise with the tide. I'll bet the deferral, was well orchestrated.. By design and timed accordingly.. Good things this way come.. imo ~ MM
He added, "The government wanted to put the parliament in front of a fait accompli, which is fixing the price of the Iraqi dinar at a value of 1450 against the dollar, which is a decision that does not carry any economic justification." In the local market. ” ~ post 50 Deepwoods Feb 11
The economic expert, Wissam Al-Tamimi, believed, earlier, that there is no justification for keeping the dollar high in the local market, pointing out that the siege of the people must end before the street explodes due to mishandling of the citizen's pension."
Samson: Iraqi government to begin implementation phase of the White Paper for Economic Reform
15th February, 2021
The Iraqi government is preparing to begin the implementation phase of its reform programme known as the White Paper for Economic Reform.
This phase will focus on the implementation mechanisms and on the fulfilment of the objectives and the vision outlined by the White Paper.
The implementation phase consists of:
Putting in place governance, oversight, monitoring and evaluation mechanisms to ensure that the reform process is administrated and managed effectively under the direction and guidance of strong and competent leadership which will have a direct link to the Prime Minister, with the aim of equipping the implementation team with the necessary authority to carry out the reform programme, providing vigorous oversight of the implementation process, and ensuring coordination between different governmental institutions
Translating the vision of the White Paper for Economic Reform into a practical programme for delivering 64 projects and for ensuring their implementation in an integrated and coherent manner by specifying detailed procedures for each project, setting a specific timeline for progress and identifying the state entity which will be responsible for carrying out each project
The Iraqi government adopted the White Paper for Economic Reform prepared by the Crisis Cell for Financial and Fiscal Reform in October 2020.
The White Paper is a comprehensive programme that sets out a clear roadmap to reform the Iraqi economy and address the accumulated, decades-old serious challenges that confront it.
The White Paper identified two overarching strategic objectives. The first is to initiate an immediate reform programme to address the budget deficit to create a fiscal space to give time for the process of implementing the other wider reforms over the medium term.
The second objective is to put the economy and the federal budget on a sustainable path, after which Iraqis can decide and choose the economic direction of the country.
The White Paper anticipates that the short and medium-term objectives and associated reforms will require between 3 to 5 years to implement.
The White Paper for Economic reform enjoys the support of the international community as reflected by the establishment of the Iraq Economic Contact Group (IECG) whose mission is to provide the support needed for the economic reform process in Iraq within the framework of the White Paper. The IECG includes, in addition to Iraq, the G7 group of industrialised countries, the World Bank, the International Monetary Fund, and the European Union.
https://twitter.com/IraqiGovt/status/1361314763255472129 LINK
Cleitus: Can we say HUGE?
Frank26 Wednesday Night Video "Dessert" 2-10-2021
KTFA:
Frank26 Wednesday Night Video “Dessert”
2-10-2021
This video is in Frank’s Opinion only!
Intel starts about minute 41:00 Here are a few highlights:
Frank: In the Fab 4: The UST, The IMF, The World Bank
According to articles The IMF gave the approval in December to lift the 3 zeros from the currency. . The World Bank says in January on the 29th that they have given Iraq all their help to raise the value of their currency. And that is what they are doing.
Now the United States Treasury…they are done…they brought in their super computers 2 years ago and they recalculated, recalculated and recalculates and turned it all over to the IMF.
KTFA:
Frank26 Wednesday Night Video “Dessert”
2-10-2021
This video is in Frank’s Opinion only!
Intel starts about minute 41:00 Here are a few highlights:
Frank: In the Fab 4: The UST, The IMF, The World Bank
According to articles The IMF gave the approval in December to lift the 3 zeros from the currency. . The World Bank says in January on the 29th that they have given Iraq all their help to raise the value of their currency. And that is what they are doing.
Now the United States Treasury…they are done…they brought in their super computers 2 years ago and they recalculated, recalculated and recalculates and turned it all over to the IMF.
What does the IMF do? They tell everybody what to do with their currency. And Iraq was going to raise the value of their currency in December. What happened? Well instead they decided to lower the rate to bring in more 3 zero notes. Was that mission accomplished? It sure was. Now we know the game plan what comes next.
So UST-done, IMF-done and World Bank-done.
On Monday I told you to circle Feb. 8th on the calendar…It was historical…..I told you this was the day that Iraq stopped the auctions (the part that we wanted stopped) . Today Iraq is now saying they have a digital Iraqi currency now. A digital Iraqi dinar is INTERNATIONAL. Not just internal .
These are tell-tale signs that scream what they are doing.
FF: Our Firefly (Contact in Iraq) shared with us at about 6:55 this morning that today was the last and final day of the budget review. They are saying they will vote on it on Saturday.
Frank: IMO its already voted on.
FF: And all foreign loans in the 2021 budget will be canceled
Frank: This is brilliant…….The IMF wanted to give them a loan…but now they don’t need it.
FF: It could be a very nice weekend
Articles Frank talks about during this video:
FINAL ARTICLE #600
Representative of the World Bank: The Iraqi society is “youth” capable of advancement
Monday 08th February 2021 Baghdad: Hazem Muhammad Habib
The Resident Representative of the World Bank in Iraq, Ramzi Numan, confirmed that the bank supports the Iraqi government in several directions to get out of the current economic crisis, and that there is great support for the white reform paper adopted by the government in order to get out of the crisis, and while he called for comprehensive reform in the Iraqi banking sector In an interview with Al-Sabah, he emphasized that Iraqi society is a “youth society” that can rise in the country if its energies are properly and seriously invested. The following is the text of the dialogue:
In light of the current economic situation, the "Corona" crisis and the global economic crisis, what are the frameworks for the World Bank's cooperation with Iraq to help it out of this crisis?
It must be noted first, that the experience and history of the World Bank to work with the government and people of Iraq extends to a long history of projects that have been jointly worked on, but the current bank is currently working more closely with the Iraqi government to face emerging and accumulating crises that are added to the existing problems. In Iraq, and the consequent decline in oil prices, protests, the Corona pandemic and its health, economic and social consequences, which have formed a great burden on the country, and these conditions are the worst since 2003 for a single economy dependent on oil, and there is a fact that all of this left great burdens reflected on the ability of The Iraqi government in dealing with emergency needs.
The World Bank has set up a very large financial portfolio file for the projects it implements in Iraq, and this portfolio is directed to several destinations, whether reconstruction projects for areas liberated from “ISIS” gangs or to face the social crises that have arisen from this matter, in addition to some other projects that work On structural reforms in the economy, and we are working hard with the government to approach solutions to emergency crises and keep pace with the government in the reform white paper initiative that I put forward as well as the white paper proposed by Parliament, and here the World Bank and other donors enter in an attempt to support the government in this context, and stand on what It requires capabilities, whether material or technical, to carry out these reforms aimed at diversifying the economy in addition to protecting human capital in Iraq, as well as increasing non-oil revenues and opening opportunities for private sector investments.
Young wealth
Regarding the rate of growth in Iraq during the year 2021, that is, during the budget, are there prospects for cooperation to solve the Iraqi economic downturn?
We are seriously trying to support all reform efforts undertaken by the Iraqi government, and when we look at resolving the issue of deflation, this comes through creating job opportunities, and we believe that Iraqi society is a "youth society" in which youth constitute a basic wealth that must be built upon and given appropriate opportunities to enter The labor market is part of a large process that begins with education and other factors, and job creation is not necessarily through government appointment, which is witnessing great inflation and carries burdensome financial and economic consequences, but by encouraging investments in an appropriate environment and revitalizing the private sector, and restoring confidence between Citizen and government.
The World Bank seeks to support the Iraqi government in developing very sound fiscal and monetary policy frameworks that allow the continuation of financial and banking work, and on the budget, we are waiting for the Iraqi parliament to vote on it so that we can know the possible lines of support from us to the government, after scheduling the revenues and expenditures and what is the total deficit resulting from The budget, and what are the matters that the government will resort to to face this deficit, whether by internal or external borrowing, and how the government should pay off the debts owed by it and its arrears, and after that the World Bank will have a clear position in support with two parts of the investment through funded projects, and budget support, which is a part related to With the basic reforms that the government of Iraq is committed to, which are fundamental reforms that allow improving the country's financial and monetary reality in stages.
For example, the World Bank supported the unified pension law that was proposed in Parliament, and our approach in that law was to create a law between the two sectors The year The private sector allows benefits to be transferred between them, and it is one of the main incentives that push citizens to seek work in the private sector and not put pressure on the public sector, which reduces the burdens on the government.
White paper
What are your programs to address the distortions in the Iraqi economy, especially in the area of spending and restructuring it?
We are trying to negotiate with the government on major strategic directions, to see what are the basic steps in which we can cooperate, and we are talking about the (white paper) that the government put on the table which deals with basic problems, as well as about diversifying and increasing revenues away from oil, as the agricultural sector is important It is very important to Iraq that it must be re-activated and developed, and the electricity sector is witnessing a frightening material and technical waste, and the support we provide to the government in this field must be reconsidered, and all of this must be matched by consideration of increasing investment projects that create job opportunities, and increasing basic infrastructure projects to create opportunities. Work, and we at the World Bank support the move towards decentralization.
We believe that in light of the current crisis, the opportunity is now ripe to reconsider how to develop solutions to the accumulated crises in the country, and the International Finance Corporation (IFC) has a rapid financing mechanism, which is a mechanism it has launched to confront Corona and to help the country in this crisis, although it is mainly based on a health issue. But part of it is to support the state budget, and the World Bank continues to communicate with the Iraqi government to know its needs and ways to support it.
The Iraqi government pledged to adopt a set of implications for reforming the economy and signed a document during a World Bank conference in 2019, and the document crystallized later in what became known as the White Reform Paper, which is the result of cooperation between the Iraqi government and the World Bank, and it included three basic factors, which are economic diversity and the importance of Government and institution building away from interference and the climate of corruption, and the third and most important factor is human capital. The Iraqi citizen must have access to health, educational, educational, and educational services and integrated living conditions, which allows him to enter the labor market. We are looking forward to this full circle (institutions People and diversity).
Censorship and money laundering
Do you have a plan to strengthen banking supervision and restructure it in the public sector?
We have a technical effort through consulting services that we provide to the Central Bank in looking at the reality of the banking in Iraq, and we believe that the Iraqi private banking sector is still weak, and in general, the Iraqi banking policy must be reconsidered to improve the banking reality by going towards studying the market as well as increasing its investments, especially categories Young men who want to invest, start a new job, and go out with a different job than hiring.
What is the World Bank's role regarding financial enhancement and anti-money laundering?
The World Bank has a project that is being worked on with the Ministries of Finance and Planning, which is the Financial Management Regulation Project, and the project includes various items in terms of developing existing capabilities, whether at the level of debt management, information organization, systems automation, or at the level of anti-money laundering policies and looking at money transfers, all of these The reform steps that actually allow it to take root within the Iraqi institution are part of this project, and last week the Minister of Finance signed a grant from the European Union implemented by the World Bank to help improve the mechanism of financial control and transparency in financial work and in some basic Iraqi sectors such as gas and petroleum.
Signing the grant in the amount of $ 14 million, and it is added to a loan that the World Bank implements in the amount of $ 48 million. These two agreements (the European Union grant and the World Bank loan) are implemented by the bank in a unified manner with the Ministry of Finance and the Ministry of Planning. LINK
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Expert: The Formation Of A Committee For Economic Reform Will Begin To Restructure The Iraqi Economy
10th February, 2021
The expert on economic affairs, Raad Twaij, confirmed that the formation of a committee for economic reform is a good and unprecedented step to implement the provisions of the White Paper.
Twig said in a press statement that its independent follow-up: “The formation of a reform committee by the prime minister is an unprecedented step and an operational aspect of the white paper, and thus the beginning of structuring the Iraqi economy, analyzing the imbalances that are centered in the rentier economy and trying to rid the Iraqi economy of gaps and vibrations, especially the recent financial crisis and expectations. The World Bank deflationary rate of 12% this year.
He pointed out that "the rise in oil prices above $ 60 a barrel is considered a major contributing factor to support the reform wave and to complete the reform process."
Twig called for the Iraqi economy to be divided into two halves, the first part related to the losing sectors, how to reform it, the winning part, how to deepen it, and the need to rely on human development, which will contribute to expediting the reform process and building new capabilities and structures for the Iraqi economy. LINK