KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

MilitiaMan: "Digital Transformation is on Stage for All to See" 10-23-2021

KTFA:

MilitiaMan: The information on the digital transformation that is upon is everywhere. The amount of top level work completed now is main stream and straight from the highest in Finance in the world. They are openly talking about Retail Digital Currencies, digital cross border payments, etc..

With them even showing that the 1,000 - 10,000 notes are disappeared from the ATMs is very telling.

With the UST telling us the G-20 have 136 countries in agreement on digital International Taxation and a flat tax, the coss boarder data and digital trade noted by the G-7 today, it is not surprising that they would be adjusting for the NSCNs to replace those the 1,000 - 10,000s.

The need for them will diminish with a new international exchange rate applied. It doesn't take long to replenish ATMS. The goal is not to worry the citizens, the goal is to make them happy with the new purchase power that the new smaller notes will bring.

Notice they use the words INCLUSIVE GLOBAL GOVERNANCE!!! That is because the digital transformation is approved and on stage for all to see.. IMO there is nothing to stop it now.. Lets see what they show us next.. ~ MM

" It also covers digital trade systems and fair and inclusive global governance."

Read More
Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20

Frank26 and KTFA Members Thursday PM 10-21-2021

.KTFA:

Frank26: "WE TOLD YOU IT WOULD BE $100 PER BARREL".......F26

The Minister of Oil sets the price of a barrel in the budget and expects crude to reach $100

20th October, 2021

On Wednesday, Oil Minister Ihsan Abdul-Jabbar set the price of a barrel in the 2022 budget, while he expected crude to reach $100

The Minister of Oil said during a workshop held today at Al-Rasheed Hotel and followed by “Economy News”, that “the central government will fix the price of a barrel of oil in the 2022 budget between 55 to 60 dollars,” noting that “this will help to make changes and a significant improvement in the performance of the national economy and overcome the financial deficit.” in the general budget

Read More
KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

KTFA Members "News and Views" Wednesday 10-20-2021

.KTFA:

19 Iraqi banks get a rating from international agencies

20th October, 2021

The Central Bank of Iraq announced, on Wednesday, that 19 private Iraqi banks obtained a classification from international agencies

The bank said in a statement received by "Al-Iqtisad News", that in the framework of the efforts made by the Central Bank of Iraq to develop the Iraqi banking sector and keep it in line with international standards, 19 licensed banks in Iraq obtained a classification from accredited international rating agencies: (Capital Intelligence - Fitch - Moody's Standard & Poors)

Read More
KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

"Some Tuesday News" Posted by Samson at KTFA 10-19-2021

.KTFA:

Samson: PM Financial Advisor : High oil prices surplus will cover three important aspects

18th October, 2021

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Monday, that the financial surplus from the increase in oil prices will cover three important aspects, including filling the expected deficit in the current year's budget.

“The financial surpluses achieved from the increase in oil prices and their reaching $75 per barrel, will cover at least three aspects," said Salih in a statement to the Iraqi News Agency (INA).

He noted that "the first aspect is covering the planned deficit in the general budget for the year 2021, which amounts to 29 Trillion dinars.

Read More
Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20

Frank26: "Eddie's Report From Iraq" 10-19-2021

KTFA:

Frank26: INCOMING:

FROM EDDIE:
Tv shows Iraq at Dubai international expo trying drum up business and investment then at expo EU signed agreements for more investment to get Iraq started in the international game . Looks like Iraq lining up business for investors all over the world tv commercials showing Iraq as a secure environment showing reconstruction of cities especially Mosul advertising for companies to come into Iraq and invest….

Tv loaded with commercials today showing Iraq as up and coming country showing new banks new businesses coming showing all good things about Iraq we seeing new commercials for banks…. Remember you told us to look for the commercials Mr. Frank well Arab league fund and IMF starting changing rate policy study and guideline big event going on it’s on tv about changing exchange rate policy…..

Read More
KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

KTFA Members "News and Veiws" Tuesday PM 10-19-2021

.KTFA:

Edna: So now what?...honestly, i don't know anymore. I honestly don't...*deep sigh*....smh.

Suzie: you're not alone Edna, a lot of are wondering.....

DeepWoodz: f I’ve learned anything at all about dinar and Iraqs monetary reform, and if it’s true or false, I’ve learned it right here.

From Walkingstick, Frank, Delta, MM, Petra.

Sometimes the articles themselves & sometimes others will catch something in the articles that make you wanna go hmmm, but not really.

There are things like the elections, the hcl, and parliament that have nothing to do with the monetary reforms of the CBI. Although they are all important to the citizens and the country at large.

The 2021 budget and now the upcoming 2022 as we’ve learned have the new rate in them.

Otherwise, they wouldn’t be a secret still.

Read More
Chats and Rumors, Humor, KTFA Dinar Recaps 20 Chats and Rumors, Humor, KTFA Dinar Recaps 20

"Tidbits From TNT" Saturday Morning 10-16-2021

.TNT:

Tishwash: Integrity Reveals The Amount Of Iraqi Funds Recovered Until The End Of 2020

Today, Friday, The Integrity Commission Revealed The Total Funds Recovered From Inside And Outside Iraq Until The End Of Last Year.

The Director-General Of The Restitution Department At The Commission, Moataz Al-Absi, Said In A Press Statement That Al-Ahed News Followed, "The Total Amount Of Money Recovered From Inside And Outside Iraq, As Well As The Money Sentenced To Be Recovered And Seized Amounted To (1,417,900,842) Dollars, (33,582,725) Euros, And (2,329,521) One Pound Sterling, (951,428,263,286) Iraqi Dinars, (720,529) Jordanian Dinars, And (3,652) Swiss Francs, In Addition To The Seizure Of (14) Fourteen Real Estate, And (5) Stakes In Various Companies.

Read More
Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20

Frank26 and Eddie's Report "Incoming" Thursday 10-14-2021

.KTFA:

The Second Central Bank Strategy (2021‐2023) An Approach to Monetary and Financial Reform

13th October, 2021 by Samir Al-Nusairi

The Central Bank of Iraq launched its second strategy for the years (2021-2023) in conjunction with the economic and financial reform strategy adopted by the government in the white paper. The new strategy has drawn a roadmap with clear objectives and policies for the next three years in a special, complex and risky economic and financial situation

And the challenges at the level of internal and external economic and financial relations. What concerns us as specialists in economic, financial and banking affairs is what are the new mechanisms and policies adopted by the Central Bank in monetary policy and banking reform in accordance with the approach of fundamental change desired for the national economy contained in the white paper and the second strategy, which constitutes the banking sector The first and basic in the economy and the implementer of monetary policy applications

Read More
KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

MilitiaMan "Foreign Currency Proceedures in Place Oct. 17th" 10-13-2021

.KTFA:

MilitiaMan: The Cabinet Secretariat approves the mechanisms for lending large projects

12th October, 2021

The General Secretariat of the Council of Ministers announced, on Tuesday, its approval of mechanisms for lending large projects to more than twenty billion dinars.

A statement of the secretariat, a copy of which was received by Mawazine News, stated that "the General Secretariat of the Council of Ministers has approved the mechanisms for lending large projects to more than twenty billion dinars."

The statement added, "The concerned higher committee approved (the lending of large projects whose loan amount is twenty billion dinars upwards, according to the initiative of the Central Bank)". LINK

MilitiaMan: If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good job leaking that out.

Read More
KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

KTFA Members "News and Views" Tuesday PM 10-12-2021

.KTFA:

Samson: Observers: Prime Minister Mustafa Al-Kazemi is the most fortunate to take over the next government

11th October, 2021

Although the High Elections Commission did not announce the preliminary results, observers believe that Al-Kazemi remains one of the most likely consensual candidates, to form the next government.

Observers say that if the Al-Kazemi government had the opportunity, meaning if the challenges and the internal political forces were less severe and reckless, we would have witnessed great achievements that were achieved during his reign, noting that Al-Kazemi succeeded in postponing the internal conflict and not resolving it, that is, the conflict between the state and non-state forces. LINK

Read More
KTFA, News Dinar Recaps 20 KTFA, News Dinar Recaps 20

MilitiaMan Saturday PM "There is a Digital Transformation Going on" 10-9-2021

.KTFA:

Samson: Iraq's Govt Interventions Prompt Improvement in Forex Reserves

8th October, 2021

Despite recent tumultuous times and a weakening economy in Iraq, government is said to be implementing reforms that are aimed at reviving its ailing currency.

Forex trading in Iraq

While forex trading in Iraq is still a relatively new concept, it is gradually being embraced by nationals.

Reports on the matter suggest that more and more people in the country are starting to open up to the financial markets and explore alternative investment options.

Given the widespread interest in forex trading across the globe, it is no surprise that citizens now have more access to trading resources, analytical tools and platforms.

Read More