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Iraq Ports opens a branch of the Arab Islamic Mashreq Bank to facilitate financial services LINK

MilitiaMan: This Islamic bank must know it it is now safe and secure!! The place was a smuggling haven in 2003.. For this to be in the stage of opening banks in this port is very telling.. Just as the Port of Anara with Saudi Arabia is now..The ITBs banks are even gearing to finally open branches. Not just one but many in SA.. IMO All good.. ~ MM

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PETRA: Much is afoot today with all the great articles from Samson and Don. THANK YOU!!!

So we see several articles today discussing the vote by Parliament for the Finance Deficit Law to which they agreed to pass and then pay the salaries. Post 42, 75, 79, 100, 113 all have to do with this law tomorrow.

So many articles focused on one object...passing the law and paying salaries. They key point is the sense of urgency now being presented that they must get this law passed. Why?

Well, first of all the citizens are irate and want their money. Ok, got that. But look what else is happening with all this focus on the Finance law....Post 49 speaks of Netherlands coming into Kurdistan. Post 52, SA signed agreements for 13 items including Ports, Boarders, Oil/Gas, Education/Industry, TRADE, and agriculture.

The CBI Governor of Iraq and the CB of SA governor was there yesterday as well. And reportedly, the Crown Prince is to be coming to Iraq today as well. Why? Something important I'm sure.

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Samson: Parliamentary Finance: The monthly salaries of employees and retirees amount to 3.3 trillion dinars

8th November, 2020

A member of the Parliamentary Finance Committee, Ahmed Haji, announced that next Thursday, a second borrowing law will be passed to cover the salaries of employees

Hajji said, in a tweet to him on Twitter, "Today, the government's financial statements were discussed in order to pass the deficit financing law, and the first paragraph agreed upon by all is the salaries of employees and retirees, which amount to 3.3 trillion dinars per month

He added that the total salaries will be 10 trillion dinars, so the law will be approved next Thursday, and the government has no excuse not to pay the salary

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Samson: Iraq's possession of gold represents 8.5% of the rest of its other currencies

8th November, 2020

The World Gold Council announced, on Sunday, that Iraq's possession of gold represents 8.5% of the rest of its other currencies

In November, the Council published a table of the world's most recent gold holdings, which Shafaq News Agency reviewed, that "Iraq has 96.3 tons of gold, which represents 8.5% of the rest of its other hard currencies," indicating that "this percentage decreased compared to other currencies for the previous month, which was 8.8%

She added that "the last purchase of gold for Iraq was in 2018, which amounted to 6,450 tons," noting that "Iraq still maintains the fifth place in the Arab world and the 38th globally among the 100 countries listed in the table

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Samson: Constitutional amendments reveal disagreements regarding Article 140

12:51 - 11/07/2020

A member of the Parliamentary Constitutional Amendments Committee revealed, on Saturday, aspects of disagreement over the amendment of Article 140, as well as the exclusive powers of the region.

Kanna said in a statement to "the information", that "the main points of contention in amending the constitutional articles related to exclusive powers are from the authority of the federal government or the regions."

He added, "Parliament will decide these articles during the coming sessions," noting that "the most complex contentious article is Article 140, and the Kurds have requested that there be a session of their own and that the article does not change at all."

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MilitiaMan: A couple things here to take note of.(See articles below) They are specifically saying they are using modern electronic technologies to pay salaries.

We have been told that the Vote in the Borrowing Law is needed in order to send out text messages in regard to notifications the money is cleared imo..

EFT and or ACH payments can and appear to have been sent out already, that suggests they are distributing salaries.

That doesn't meant the salaries are cleared yet, though. They'll get a text message electronically all at the same time or at least real close when the money is cleared. They told the citizens to have their receipts to support they have the accurate funds coming to them.

Now the second thing I see is and it is huge imo.. Look at who is going to meet next week. Sunday starts their week. imo.

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DeepWoodz: IMO.....So MilitiaMan was correct (I had no doubt). This will be the final reading and the vote this coming Saturday. If I don’t have my laws confused. And then salaries immediately released.

Samson: Staff Salaries ... The Minister Of Finance Sets The End Of Next Week To Launch

4th November, 2020

Finance Minister Ali Allawi set an expected date for the payment of employees' salaries for the month of October, while the minister pledged not to repeat the delay in case the borrowing law was approved.

"We will be able to pay salaries by the end of next week if the borrowing law is approved," the Iraqi news channel quoted the minister as saying, in breaking news.

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Samson: Finance Minister: We will pay the salaries at the end of next week with this condition

11/04/2020 16:05:26

The Minister of Finance, Ali Allawi, announced that the ministry "will be able to pay salaries at the end of next week if the borrowing law is approved in the parliament session next Monday."

Allawi said in a press statement, "We pledge not to repeat the delay in paying salaries if the borrowing is approved by the House of Representatives."

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Samson: Tweet from Sec. Pompeo: In Indonesia and Vietnam I had the opportunity to meet with the leaders of these nations and engage with important community organizations.

They are all playing an important role in supporting our goals and vision for a more peaceful and prosperous #IndoPacific. pic.twitter.com/Xnk5UnGjER

— Secretary Pompeo (@SecPompeo) November 2, 2020

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Clare: BROUGHT FORWARD PER FRANK.......THIS IS MENTIONED ON THE CC SUNDAY NIGHT

Samson: Al-Rafidain launches lucrative offers for Iraqis to deposit their money in the bank

1st October 2020

The Rafidain Bank announced, on Sunday, that it will continue to open accounts for Iraqis of all classes to deposit their money in the bank in exchange for financial benefits described as positive

The bank’s media office said in a statement received by "Al-Eqtisad News", that the bank continues to open accounts (savings and current) for citizens and deposit their money in exchange for interest

The statement called on citizens to visit bank branches for the purpose of viewing the special instructions and placing their money in the bank and not hoarding it in homes in light of the positive benefits set by the bank in return for that