"Word on the Street" by MilitiaMan Saturday PM 5-22-2021
.KTFA:
Samson: A Kurdish bloc reveals a preliminary agreement that expedites the settlement of the Iraqi oil and gas law
22nd May, 2021
The Kurdistan Democratic Party Parliamentary Bloc revealed, on Saturday, a preliminary agreement by the political forces to settle the oil and gas law in Parliament, before the end of its session.
The representative of the bloc, Diyar Barwari, told Shafaq News, that "the oil and gas law is one of the important laws in the House of Representatives, and there was a serious intention to head the parliament to vote on the law in previous sessions, but the postponement came as a result of Parliament's preoccupation with the general budget law."
MilitiaMan and Petra "500 Banks-Leakage is Out" from KTFA 5-22-2021
.KTFA:
FROM MM & PETRA:
MilitiaMan: This is only in the May 20th article ...According to a central bank statement, “The Governor of the Central Bank of Iraq, Mustafa Ghaleb, held a meeting with the World Gold Council at their request,” indicating that “the meeting dealt with a number of issues, the most prominent of which was technical support and training files, in addition to discussing the increase in the foreign reserves of the Central Bank. It has been achieved after the implementation of recent reforms in the work of the bank and the banking sector.
Looks like things have been achieved… Increase in foreign reserves… After implementing recent reforms… Technical support and training.. That reeks of USA helping out!! Just like they said they would!!... I posted the data about the UST.. There was more from the UST today …. Can a plan have time frames?
MilitiaMan Thursday Night "Global Interconnection At and On a Global Scale"
.KTFA:
Don961: THE ARAB MONETARY FUND PUBLISHES A DOCUMENT ON “OPEN BANKING REGULATORY PRINCIPLES” IN THE FRAMEWORK OF THE ARAB REGIONAL FINTECH WORKING GROUP
19th May, 2021
The document sheds light on the opportunities that open banking services offers to the financial and banking institutions customers
The regulatory requirements to initiate open banking services in the Arab countries
The importance of creating a stimulating environment to encourage innovation in open banking
The need to protect users of open banking and finance services and the environmental and social responsibilities within the framework of these services
MilitiaMan and KTFA Members The Digital Roll-O'ut" 5-19-2021
.KTFA:
Samson: Postponement of the visit of the Kurdish delegation to Baghdad
13:37 - 19/05/2021
A source in the Kurdistan Regional Government revealed, on Wednesday, the postponement of the visit of the regional government delegation to Baghdad, which was scheduled to take place tomorrow, Thursday.
The source said in a statement to "the information", that "the Kurdistan Regional Government has postponed the visit of its technical delegation to Baghdad, in order to complete the discussions on the mechanism for delivering oil."
KTFA Members "News and Views" Monday PM 5-17-2021
.KTFA:
Samson: Saudi Arabia seeks to forgive Sudan of $ 4.5 billion in debt
17th May, 2021
Saudi Arabia is seeking to exempt Sudan from debts amounting to $ 4.5 billion, according to Bloomberg News, citing Sudan’s official TV
In a related context, the Vice President of the World Bank for Eastern and Southern Africa, Hafez Ghanem, revealed a grant to support Sudan in the amount of two billion dollars, according to the official Sudanese News Agency (SUNA)
This grant comes in addition to supporting the families program, combating the Corona pandemic, the energy sector, especially solar energy, and promoting the use of technology, according to Ghanem, who emphasized work to strengthen human capital in Sudan through the Bank and international partners
MilitiaMan Saturday Night "The Brass Ring is Ready for the Taking" 5-15-2021
.KTFA:
Don961: A decisive new movement on the dollar exchange rate
Posted 2 hours ago
A spokesman for the State of Law Coalition, Representative Bahaa El-Din Al-Nouri, called on Saturday to question the Governor of the Central Bank and the Minister of Finance in the next parliament session, blaming them for raising the exchange rate .
Al-Nouri said in a statement to NRT Arabia, (May 15, 2021), that “the next session of Parliament was supposed to be to question the Minister of Finance and the Governor of the Central Bank due to the economic deterioration, as well as the questioning of the security authorities about the violations, as well as the Minister of Commerce,” indicating that “we were surprised by the presence A discussion of the Ibn al-Khatib hospital incident within the agenda of the next parliament session .
MilitiaMan and Petra "500 Bankers For The Roll-Out" Saturday 5-15-2021
.FROM MILITIA MAN & PETRA
MilitiaMan: Ask yourself why they are making advancements and not paying? "Al-Rafidain Bank announced, on Wednesday, that employees and members of the security forces have priority in obtaining advances, loans and other banking services."….
They have not been given payments per budget articles as they 2021 Budget Law is not implemented yet…. I'll be working on showing things in progress that support my view that this is fully underway.. imo….
Why would they have to give advances at a program rate?
Why have they not retro activated the payments yet?....
MilitiaMan Friday Afternoon "Digitilization of Iraq and the Region" 5-14-2021
.KTFA:
MilitiaMan: There is a clear and concise move to digitalization for Iraq and the region. (See articles below)
We saw the like of 200 Senior officials from banks and Central Banks around the world with the BUNA conference on the sixth of May. Then on the 8th of May there is more on the digital transformation of the country.
Now we see 300 Banks and from 20 Arab States are to attend a virtual event on the same topic of digitization in the coming days.
To gather this sort of attention is for a serious reason, one is for security and stability an other is transparency and to fight corruption.
"Vietnam News" Posted by Samson Thursday 5-13-2021
.KTFA: Vietnam News
Samson: Foreign investors will soon return to Việt Nam's stock market: HSBC
10th May, 2021
Việt Nam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.
In the Asia Frontier Insight - Việt Nam report, the research team from HSBC believe that foreign investors cannot ignore Việt Nam’s market any longer as it offers a favourable risk-reward opportunity in one of the most resilient growth economies and the market’s liquidity is rising.
KTFA Members "Wednesday News" 5-12-2021
.KTFA:
Al-Kazemi: A delegation heads to Kurdistan to solve the disputed territories crisis LINK
MilitiaMan: Lets see if they iron out the kinks this week. The Government bears the responsibility in paying dues, yet, lets see what do, as they have a political agreement to sort things out.
Everyone in the ME and around the world is watching and waiting for them to set the terms (mechanism) for international trade... imo
It is coming. Even the pressure from SA is noticeable.. They would be wise to not have another meeting about investments unless of course they meet over the successes from the outcome, that is to come from them.. imo ~MM
"Dancing in the Streets!" More From MilitiaMan and Samson Tuesday PM 5-11-2021
.KTFA:
Samson: A Kurdish delegation to visit Baghdad after the Eid .. This will be discussed?
11th May, 2021
The Parliamentary Finance Committee revealed, on Tuesday, a Kurdish delegation's visit to Baghdad.
The deputy of the Patriotic Union of Kurdistan, Shirwan Mirza, said, according to Kurdish media, that "a technical delegation from the Kurdistan region will visit the federal capital, Baghdad, after Eid Al-Fitr, to discuss the mechanism for implementing Article (11) of the budget law for the current year."