.KTFA:

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

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

.KTFA:

Don961: After a meeting in London that included the Minister of Finance .. Statement of the Economic Contact Group for Iraq

330 Policy 2020/10/22 19:05Baghdad Today - Baghdad

The British Embassy in Baghdad, Thursday, October 22, 2020, published a statement that resulted from the meeting of the Iraqi government and international partners in London today.

"The Iraqi government and international partners met today to launch the Economic Contact Group for Iraq, which is an international coalition to support the government of Iraq in pushing for the implementation of critical economic reforms," ​​the embassy said in a statement.
The embassy published the text of a statement issued by the Economic Contact Group for Iraq, as shown below

KTFA:

Samson: The "25 October" demonstrations halted military operations in Basra

22nd October, 2020
A security source said, on Thursday, that operations of a sincere promise to confine weapons to the hands of the state would stop in Basra Governorate.

The source told Shafaq News that the decision was issued by the Basra Operations Command until the completion of the demonstrations on October 25.

The "Tishreen demonstrators" intend to organize large demonstrations next Sunday (October 25) to demand the detection of the protesters' killers and accountability for the corrupt.

.KTFA:

A member of Parliament Finance sets an expected date for the October salary distribution LINK

MilitiaMan: He emphasized that the government should proceed with its reforms, noting that the Minister of Finance said that the White Paper will be implemented as of January 1, 2021.

The part that seems to get lost, is the bold underlined above. Reforms are apart of the White Papers. What the White papers are yet to have exposed to the masses, is first and prior to any implementation of the White papers, is a rate at which the reforms will be allocated in and to! Yep, prior to the end of year salaries that are yet to be determined Or have yet to be paid is a rate for the last final 4 months of the year..

.KTFA:

DELTA: Central Bank Governor Mustafa Ghaleb Makhaif discussed, on Wednesday, the final requirements for Iraq to join the European Bank.

Central Bank of Iraq met in the capital, London, today, Wednesday, with the Governor of the Bank of England, and the meeting dealt with ways to develop banking relations and increase the volume of investment transactions between the two countries as well as the importance of cooperation in the field of combating money laundering. Financing terrorism and overcoming obstacles that hinder the process of opening branches for foreign banks operating in Iraq. "

He added that the governor "met, within the framework of his visit to the United Kingdom, with the two international auditing companies Ernst & Young and PWC, where he discussed with them enhancing the volume of work with the Central Bank of Iraq because of these companies' experience and reliability," stressing his keenness to "maintain the relationship with them during the coming period."

.KTFA:

DELTA: GREAT ARTICLE FROM THE HOURSE'S MOUTH...............

Samson: The Central Bank comments on the comments to reduce the price of the dinar against the dollar

18th October, 2020

The Central Bank of Iraq confirms that the statements that have spread recently regarding (lowering the exchange rate of the Iraqi dinar against the dollar) represent the viewpoint of those who stated it and do not represent the official position of the Central Bank, and this was accompanied by a number of rumors released by speculators, which affected the price (temporarily).

This bank declares that the exchange rate is fixed and unchanged, and that its monetary policy is clear and transparent. Note that its foreign currency reserves are "very good" according to all international indicators, in a way that enables it to overcome the current crisis that the country is going through.

.KTFA:

Samson: Deputy explains the reasons for the high price of the dollar against the dinar

16th October, 2020

On Friday, a member of the Parliamentary Finance Committee, Naji Al-Saeedi, revealed the reasons behind the high exchange rate of the dollar against the dinar in the local market.

Al-Saeedi said in an interview with Alsumaria News, "Any country that is exposed to a financial policy crisis, its monetary policy will be affected in turn," indicating that "Iraq Today, it operates according to a fixed exchange rate system, and it is very exaggerated and supports the external product, not the local."