Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20

FRANK26……11-29-23……MONETARY SOVEREIGNTY MEANS YOUR NEW CURRENCY

KTFA

Wednesday Night Conference Call

FRANK26……11-29-23……MONETARY SOVEREIGNTY MEANS YOUR NEW CURRENCY

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

KTFA

Wednesday Night Conference Call

FRANK26……11-29-23……MONETARY SOVEREIGNTY MEANS YOUR NEW CURRENCY

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=CvjxXhUMfAM

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Monday Night KTFA CC "CRAYONS" 11-27-2023

KTFA

Monday Night Conference Call

FRANK26……11-27-23…….CRAYONS

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

KTFA

Monday Night Conference Call

FRANK26……11-27-23…….CRAYONS

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=8BVtcECiFHo

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

Some "Wednesday News" Posted by Clare at KTFA 11-22-2023

KTFA:

Clare:  Iraq agrees in principle to establish a joint economic zone with Saudi Arabia

11/22/2023

The Ministry of Industry and Minerals announced, on Wednesday, its initial approval to establish a joint economic zone with Saudi Arabia on the common border between the two countries. LINK

KTFA:

Clare:  Iraq agrees in principle to establish a joint economic zone with Saudi Arabia

11/22/2023

The Ministry of Industry and Minerals announced, on Wednesday, its initial approval to establish a joint economic zone with Saudi Arabia on the common border between the two countries. LINK

Clare:  The dollar in Iraq.. Baghdad is planning “permanent solutions” with Washington, and Parliament describes the dialogues as “successful”

11/21/2023   Baghdad 

The Finance Committee in the House of Representatives said today, Tuesday (November 21, 2023), that the dialogues taking place between the Central Bank of Iraq and the US Department of the Treasury are very important to find solutions to the dollar crisis in Iraq.

Committee member Moeen Al-Kazemi told Baghdad Today, “The monetary and financial authority in Iraq is making great efforts through negotiation and dialogue with the US Treasury Department in order to find quick and lasting solutions to the dollar crisis, and these dialogues are very important

Al-Kadhimi stated, “Over the past few days, Iraq has reached important solutions with the American side, and the dialogues have been successful. Therefore, new meetings must be held to present more solutions that strengthen the Iraqi dinar, prevent any scarcity of the dollar in Iraq, and support the Iraqi banking sector.”

Yesterday, Monday (November 20, 2023), an informed source reported an expected meeting between the Central Bank of Iraq and the US Treasury Department next week.

Government sources recently spoke about an agreement concluded between the Central Bank of Iraq and the American side, which resulted in an increase in the number of banks that can directly enhance their balance in dollars to 10 banks, 5 of which are through Citibank, and the other five are through Bank GB Morgan), according to the Iraqi News Agency.

He also revealed that the number of Iraqi banks whose balances in Chinese yuan will be strengthened through the Singapore Development Bank has increased to 13 banks, while the number of banks whose accounts in Indian rupees with the Singapore Development Bank have been strengthened is 2, and Other banks will be added during the next two weeks.

Other meetings were held that brought together an Emirati bank, the Central Bank of Iraq, and the American side, to implement the mechanism for enhancing balances in the Emirati dirham for Iraqi banks, where all the technical details were resolved, and it is expected that The mechanism for enhancing balances in the Emirati dirham will begin during the next few days. LINK

**************

Clare:  Oil: Adopting electronic payment systems at all stations early next year

11/22/2023

The Ministry of Oil announced, on Wednesday, the adoption of electronic payment and the suspension of cash dealing at fuel filling stations, starting from January 1, 2024.

The Ministry stated in a statement that “based on the directives of the Council of Ministers in its session numbered 23620 of 2023, held on 10/31/2023, related to activating... Electronic payment service, adopting modern automation systems, and ending cash dealing.

Accordingly, and in line with government directives, the Ministry of Oil, the Petroleum Products Distribution Company, decided to adopt electronic payment systems in all stations and suspend cash dealing, as of January 1, 2024.”

The statement added, "Citizens must cooperate with the Petroleum Products Distribution Company by adopting modern mechanisms and means in the distribution sector to serve the public interest, by acquiring approved electronic payment cards so that everyone can refuel according to the new mechanisms, and benefit from the services provided in the distribution sector."   LINK

Clare:  With the participation of 120 companies...the launch of the Iraq International Building, Construction and Infrastructure Exhibition

11/22/2023   Baghdad

The activities of the Iraq International Building, Construction and Infrastructure Exhibition, in its second session, were launched in the capital, Baghdad, on Wednesday, with the participation of more than 120 companies from 13 countries, while the Governor of Babylon, Wissam Aslan, confirmed that the government allocated the largest portion of the investment budget to infrastructure projects .

Aslan said in his speech during the Iraq International Building, Construction and Infrastructure Exhibition, “The country is in real need of a major campaign on the issue of reconsidering the previously existing infrastructure or establishing new infrastructure in areas where there is no infrastructure, especially the issue of construction and construction, represented by roads and drainage networks.” Sanitary and rainwater networks,” pointing out that “the facilities and institutions supporting these sectors must have bridges, tunnels, laboratories, and factories that will provide supplies and construction for the construction .”

He added, “The government decided, through its three-year plan, that the largest portion of the funds allocated to the investment budget would be for the infrastructure issue,” noting that “Prime Minister Muhammad Shiaa Al-Sudani stressed in all his meetings, whether with the governors or with the ministers, that funds must be allocated.” The state provides infrastructure projects that take care of the real requirements and needs of the citizen with a long life and high quality .”

He expressed his hope that "the outcomes of this exhibition will be positive and serve the interest of improving the quality and quantity of infrastructure," stressing "the necessity of rapprochement between governors and capable companies of high capacity and quality due to the presence of a large package of real projects in all sectors, whether the road sector or the sanitation sector."

And the rainwater sector, desalination plants, treatment plants, bridges and tunnels, in addition to the presence of real investment opportunities in most of our governorates concerned with factories, laboratories and facilities interested in this sector for the pipe industry, the manufacture of prefabricated panels, the concrete industry and various real industries, all of which are supportive and comprehensive of this important structural sector. ”

Meanwhile, Osama Majeed, relations and media official at Sorouh Exhibition Organizing Company, confirmed in a statement reported by the official news agency, and seen by Al-Iqtisad News, that “the activities of the Building and Construction Exhibition were launched with the participation of more than 120 companies from 13 countries,” indicating that “these companies that presented Today to the capital, Baghdad, you realize the importance of the Iraqi economic market, as it is a large and very promising market,” explaining that “today, all governorates are witnessing the process of building, rehabilitating, and moving infrastructure in general, and it is an opportunity for these companies to present all their products and the latest technology they have achieved.” It puts it in the hands of the Iraqi investor and in the hands of decision-makers .”

He stressed that "today a protocol agreement was signed between three companies, namely Al-Sorouh Company for Organizing International Exhibitions, companies from the Emirates and an Egyptian company, which will result in specialized exhibitions in the coming days," explaining that "the arrival of companies is a gain for Iraq.   LINK

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Wednesday Night KTFA CC "THE EXCHANGE PROCESS!" 11-15-2023

KTFA

Wednesday Night Conference Call

FRANK26…..IQD UPDATE…….THE EXCHANGE PROCESS!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

KTFA

Wednesday Night Conference Call

FRANK26…..IQD UPDATE…….THE EXCHANGE PROCESS!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=eARPLgMWQpQ

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Frank26 "Thoughts and Opinions" Wednesday 11-15-2023

KTFA:

Frank26:  GREETINGS FAMILY,

I JUST WANTED TO SHARE SOMETHING WITH YOU IN MY OPINION IF I WAS THE CBI, I WOULD BE FOCUSING ON THE NEW EXCHANGE RATE AND THE NEW CURRENCY TO COME OUT TOGETHER.

WITH THAT SAID I WOULD LIKE TO SHARE MY OPINION, THAT SUDANI IS IN ERBIL WITH BARZANI, AND THEY ARE DEALING WITH THE LAST THREE PARAGRAPHS OF THE HCL. THEIR INTENT IS TO RELEASE IT VERY SOON

IF THAT IS THE CASE, THEN IN MY OPINION, THE NEW EXCHANGE RATE AND THE NEW LOWER NOTES SHOULD FOLLOW.

REMEMBER WHAT I’VE ALWAYS SAID, IN MY OPINION THE MOMENT YOU SEE THE HCL SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE.

GOD BLESS YOU ALL…….FRANK26

KTFA:

Frank26:  GREETINGS FAMILY,

I JUST WANTED TO SHARE SOMETHING WITH YOU IN MY OPINION IF I WAS THE CBI, I WOULD BE FOCUSING ON THE NEW EXCHANGE RATE AND THE NEW CURRENCY TO COME OUT TOGETHER.

WITH THAT SAID I WOULD LIKE TO SHARE MY OPINION, THAT SUDANI IS IN ERBIL WITH BARZANI, AND THEY ARE DEALING WITH THE LAST THREE PARAGRAPHS OF THE HCL. THEIR INTENT IS TO RELEASE IT VERY SOON

IF THAT IS THE CASE, THEN IN MY OPINION, THE NEW EXCHANGE RATE AND THE NEW LOWER NOTES SHOULD FOLLOW.

REMEMBER WHAT I’VE ALWAYS SAID, IN MY OPINION THE MOMENT YOU SEE THE HCL SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE.

GOD BLESS YOU ALL…….FRANK26

Frank26:  "OVERTIME FOR THE REFORMS!!!"............F26

The Minister of Finance directs the Accounting Department to continue working on Fridays and Saturdays until the end of the current year

11/14/2023  Baghdad - 

The Minister of Finance, Taif Sami, today, Tuesday, directed the Accounting Department to continue working on Fridays and Saturdays until the end of the current year.

The ministry said in a statement, a copy of which was received by Mawazine News, that “Minister of Finance, Taif Sami, directed the Accounting Department to continue official working hours on Fridays and Saturdays until the end of the current year.”

She added, "This came with the aim of accelerating the completion of financing procedures and the approaching end of the fiscal year."   LINK

************

Frank26:  "SUDANI & ALAQ ON THE MONETARY REFORM EDUCATION!!!"...........F26

A government source reveals a package of measures to address the difference in the exchange rate

11/14/2023

A government source revealed, today, Tuesday, a package of measures to address the difference in the exchange rate, noting that Prime Minister Muhammad Shiaa Al-Sudani directed the activation of a committee to hold serious discussions with the US Treasury Department regarding transfers.

The source explained, according to the official agency, that the package of measures included the following:

1- Organizing the import process and ensuring the entry of the largest number of merchants and importers to the foreign currency sales window by facilitating account opening procedures, deposit operations and other procedures related to issuing the importer’s identity, which would facilitate the requirements of (know your customer). ) for the category of merchants and importers.

2- The government and the Central Bank are conducting ongoing negotiations with the Iranian side to regulate trade between the two countries and make the best options regarding payment of dues and amounts, and discussions are taking place at a good pace.

3- The Prime Minister directed to work on a number of important projects to ensure that the poor and middle-income groups are not affected by the exchange rate difference, as the Ministries of Commerce and Health are working to import important materials and provide them in Iraqi dinars at stable prices, an example of which is the food basket project (supported by stable prices), the medicine basket and the basket. Construction and a basket of reserve materials for the transportation sector... some of which work began some time ago.

4- The government is now working on a project (an equal deal) to exchange trade and imports with some countries, such as China and India, and in their own currencies from the main trading partners of Iraq, such as India, China, and some neighboring countries.

5- The government is currently considering establishing a free zone to import materials and then market them to the private sector and ensure their delivery to the consumer at competitive prices and in the Iraqi dinar.

6- The government is currently studying a re-export project and there are important discussions in this regard.

7- The government issued a series of measures to develop electronic payment systems and reduce dependence on cash... and in the coming days a series of other decisions will be issued regarding the pricing and incentive policy for services provided through electronic payment.

8- The President directed the activation of a joint committee between the government, the central bank, and the private sector, under the supervision of his state office, to hold serious discussions with the US Treasury regarding transfers through the foreign currency selling window, and the committee began its meetings from now.

9- The government is holding ongoing discussions with the Central Bank of Iraq on a number of topics, including facilitating procedures related to Iraqi banks importing the dollar (cash). This process has already begun with some banks importing the dollar, and the process will expand to include other banks. Work is also underway to implement a contract. Agreements to supply the currencies of some countries to be provided through banks and banking companies to meet the needs of Iraqi tourists and pilgrims going to those countries without the dollar currency. LINK

Frank26:  "HALBOUSI YOU SHOULD HAVE WORKED WITH SUDANI... YOU DID NOT, GOOD-BYE."........F26

 Laith Al-Dulaimi’s lawyer: The Federal Court terminated Al-Halbousi’s membership in the House of Representatives

11/14/2023

The lawyer of the sacked MP, Laith Al-Dulaimi, reported on Tuesday that the Federal Court decided to terminate the membership of the Speaker of the Iraqi Parliament, Muhammad Al-Halbousi.

The lawyer stated in a video recording that the Federal Court considered the lawsuit filed by his client, Laith Al-Dulaimi, against Al-Halbousi.

He pointed out that the decision taken by the court included many paragraphs, which he described as “important and significant.”

The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, issued a decision terminating the membership of MP Laith al-Dulaimi based on the latter’s resignation.

Al-Dulaimi announced his rejection of the decision to exclude him from the Iraqi Council of Representatives, which was taken by Council Speaker Muhammad al-Halbousi, while describing the decision as “illegal and arbitrary,” and called for deterring and confronting “dictatorship.”

It is noteworthy that Representative Laith Al-Dulaimi was a member of the “Taqaddum” party led by Al-Halbousi, and was nominated within the party’s ranks for the regions north of Baghdad in the last parliamentary elections that took place in October 2021.

On April 22, 2022, Al-Halbousi dismissed Al-Dulaimi from the Taqadum Party due to his “failure to adhere to the contexts and directives of the Taqadum Party leadership and his violation of the governing controls in the internal system.”

Last June, Representative Laith Al-Dulaimi returned again as a member of the Iraqi Parliament for the Sovereignty Alliance led by Khamis Al-Khanjar.

LINK

##############

 Al-Halbousi leaves the parliament session after the decision to terminate his membership in the House of Representatives

Baghdad 

The former Speaker of the House of Representatives, Muhammad Al-Halbousi, left the parliament session, scheduled to be held today, Tuesday, after a judicial decision was issued to terminate his membership. 

The Federal Supreme Court decided, earlier today, Tuesday, to terminate the membership of Muhammad Al-Halbousi, from the presidency of the House of Representatives.

The text of the decision stated: “On Tuesday 11/14/2023, the Federal Supreme Court considered the case No. 9/Federal/2023, and decided, in accordance with the ruling issued therein, to terminate the membership of the Speaker of the House of Representatives, Muhammad Rikan Al-Halbousi, and to terminate the membership of Representative Laith Mustafa Hammoud Al-Dulaimi, as of the date of issuance of the ruling.” On November 14, 2023, a final decision binding on all authorities.”   LINK

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KTFA Monday Night CC " IQD UPDATE…. IT’S STILL NO SECRET…TO ANYONE" 11-13-2023

KTFA

Monday Night Conference Call

FRANK26……11-13-23……IQD UPDATE…. IT’S STILL NO SECRET…TO ANYONE

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

KTFA

Monday Night Conference Call

FRANK26……11-13-23……IQD UPDATE…. IT’S STILL NO SECRET…TO ANYONE

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=iA7hAJS18S4

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

Some "Monday Iraq News" Posted by Clare at KTFA 11-13-2023

KTFA:

Clare:  Iraq plans to “neglect the US dollar” and Parliament proposes “diversifying foreign currency baskets”

11/13/2023   Baghdad 

The House of Representatives Finance Committee said today, Monday (November 13, 2023), that there is a necessary and important need to diversify the basket of foreign currencies in Iraq and not rely on the US dollar in commercial transactions.

Committee member Moin Al-Kazemi told “Baghdad Today” that “the basket of foreign currencies in Iraq must be diversified and not relied on the dollar in commercial transactions, whether external or even internal, as this reduces American dominance over the Iraqi economy.”

KTFA:

Clare:  Iraq plans to “neglect the US dollar” and Parliament proposes “diversifying foreign currency baskets”

11/13/2023   Baghdad 

The House of Representatives Finance Committee said today, Monday (November 13, 2023), that there is a necessary and important need to diversify the basket of foreign currencies in Iraq and not rely on the US dollar in commercial transactions.

Committee member Moin Al-Kazemi told “Baghdad Today” that “the basket of foreign currencies in Iraq must be diversified and not relied on the dollar in commercial transactions, whether external or even internal, as this reduces American dominance over the Iraqi economy.”

He added, “The Iraqi economic ground is ready and prepared to strengthen banks in various foreign currencies and not be limited to the US dollar, and there is a real trend by the monetary authority in this matter, and the coming days will witness various commercial transactions through the UAE dirham as well as the Chinese yuan and other currencies, and this will reduce demand.” On the dollar, and it will have an impact on reducing the dollar exchange rate in the parallel market.”

Last Saturday (November 11, 2023), a government source in Iraq said that officials from the Central Bank of Iraq held “intensive meetings” with American officials in Abu Dhabi in recent days to discuss external transfers to cover imports.

The source added, according to what was reported by the “official agency,” that “Iraq has strengthened its assets denominated in the yuan through the Singapore Development Bank to finance Iraqi trade and imports with China by about 12 billion dollars annually.”

The source stated that the oil-exporting country also moved to strengthen its assets in UAE dirhams and is negotiating to increase its assets denominated in euros to finance trade with the European Union, according to what was reported by Iraqi news agency “Inaa.”

The source added that negotiations with the American side reached a set of decisions and mechanisms that contribute to facilitating procedures for foreign transfers related to imports through the foreign currency sales window.

He added, "It was agreed to enhance the advance balance of five Iraqi banks in their dollar accounts with Jordanian banks and transfers via JP Morgan Bank," noting that "the problems related to the rejected transfers were resolved, and it was agreed that the Rejection of transfers should be based on strong reasons."

He continued: “There were also other meetings that brought together one of the Emirati banks, the Central Bank of Iraq, and the American side, to implement the mechanism for enhancing balances in the Emirati dirham for Iraqi banks,” indicating that “things are going well in this aspect, as all technical details related to the issue have been resolved, and it is expected to begin.” The mechanism for enhancing balances in UAE dirhams during the next few days.”

He stressed that "there are serious negotiations that have reached their final stages to enhance the balances of some Iraqi banks in euros with UBAF Bank to finance trade with the European Union," noting "an increase in the number of banks whose balances in Chinese yuan are being enhanced through the Singapore Development Bank.”

The source also reported that bank accounts had begun to be opened in Indian rupees for a number of Iraqi banks at the same correspondent, the Singapore Development Bank (New Delhi branch), and operations to enhance the balance of two Iraqi banks had actually taken place as a first stage, and it is expected that this mechanism will contribute to financing Iraq's imports from India, especially medicines and materials. Food, which is estimated at about $3 billion. LINK

***************

Clare:  Al-Sudani and Zidane discuss judicial efforts to deter dollar speculators

11/13/2023

Prime Minister Muhammad Shia al-Sudani and the head of the Iraqi Judicial Council, Faiq Zaidan, discussed on Sunday the judiciary’s efforts to hold manipulators and hard currency speculators accountable.

This came during a meeting between Al-Sudani and Zidane, according to a statement received by Shafaq News Agency, during which a number of files and judicial procedures taken were discussed. For the rule of law and to enhance security and stability in the country.

The two sides discussed the importance of strengthening the efforts made by the Iraqi judiciary in holding accountable those who manipulate the people’s livelihood and foreign currency speculators. With the aim of destabilizing the market, affecting the living conditions of citizens, and disrupting government plans to achieve economic and financial reform.  LINK

Clare:  Al-Basri: We have complete information about exchange rate speculators and we arrested 22 accused of corruption

11/13/2023   Baghdad

The head of the supporting team of the Supreme Anti-Corruption Commission, Abu Ali Al-Basri, revealed that large files had been opened, and while he announced the arrest of 22 accused, he determined the fate of those manipulating the dollar exchange rates .

Al-Basri said in an interview with the official news agency, viewed by Al-Iqtisad News, that “the Anti-Corruption Committee has large operations in the governorates of Baghdad, Basra, Salah al-Din, and Anbar, as well as other operations in various places. ”

He pointed out that "the committee's work continues against those accused in corruption cases and was recently able to arrest 22 involved," noting that "the Anti-Corruption Committee is now carrying out major operations, some of which have targeted people who had red lines on them. "

Al-Basri pointed out that “the Anti-Corruption Committee will not compliment anyone and has no red lines for anyone,” noting that “some files related to corruption need a detailed study, and the committee has opened many files related to previous contracts concluded in state institutions. ”

He continued, "The Supreme Anti-Corruption Committee also opened the file of financial inflation and it affected large people," stressing that "there is coordination with Interpol regarding those wanted in corruption cases, and this includes even dual nationals. "

Al-Basri continued, “The competent authorities have moved to a new stage in the file of combating corruption, preserving public money, returning stolen funds, and preventing any new transgression .”

He stated that "the government is serious about combating corruption and has modern treatment methods, including automating state institutions ."

Al-Basri explained that “the Supreme Committee has complete information about speculators at the exchange rate, and it will reach them, and no one will protect them,” pointing out that “merchants who manipulate the exchange rate will be deprived of obtaining the dollar through the electronic platform of the Central Bank, and there is joint work and effort undertaken by it.” The various state agencies, starting with the supporting team, the various agencies, the judiciary, and the Integrity Commission .”

He stated that "there is a major campaign to monitor the market and illegal sales, and the Anand Agency was able to arrest major figures who were involved," pointing out that "the process of obtaining the dollar and foreign trade has exceeded 90 percent through the electronic platform and that things are moving in the right direction. "

He stressed that "the state provides great support for many goods and also provides many facilities to merchants," noting that "the inflation index is low in Iraq compared to many countries, including neighboring countries.   LINK

************

Clare:  Ministry of Finance: Completing the final accounts of the budgets for the years from 2017 to 2019

11/13/2023

The Ministry of Finance announced the completion of the final accounts of the budgets before their legal dates.

A statement from the ministry, a copy of which {Al-Furat News} received, stated, “In confirmation of the governmental approach and the Ministry of Finance in adopting the principles of transparency and integrity in public financial management, the Ministry took the initiative with the beginning of the work of the new government and in accordance with its government program, and under the directives of the Prime Minister, Muhammad Shiaa al-Sudani, and the Minister of Finance, Taif Sami.” To begin work on completing the final accounts of the budgets for the first time for the years from 2017 to 2019, which were sent to the Federal Office of Financial Supervision, and work continues to complete the final accounts for the years 2020 to 2022.

He added, "Despite the complications that accompanied the process of issuing these accounts, the Ministry committed itself to exceptional efforts throughout the previous stage to complete the subject of the final accounts, in line with the provisions of the Iraqi Constitution, and the text of Article (62/First) of the Constitution, which stipulates that" The Council of Ministers shall submit the General Budget Law and the Final Account to the House of Representatives for approval, in accordance with the provisions of Article 34 of the Financial Management Law No. 6 of 2019.”

He pointed out that "this achievement constitutes a notable development in the corrective path of financial policy within the government program, as the state's final accounts reflect the processes of applying the general budget in accordance with the legal regulations, rules and financial instructions in force to show the state's financial position with its collectible rights and obligatory obligations." Payment.”

The Ministry of Finance affirmed its “commitment and keenness to complete and submit the final accounts with each budget, and to refer them to the House of Representatives for the purpose of approval, in implementation of the decision of the Federal Supreme Court, whose decisions are considered final and binding on all authorities based on the text of Article 94 of the Constitution.”    LINK

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Friday Night KTFA CC with Frank26 " IQD …….11-10-23…….MR EDUCATION IS VERY LOUD"

KTFA

Friday Night Conference Call

FRANK26…..IQD …….11-10-23…….MR EDUCATION IS VERY LOUD

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

KTFA

Friday Night Conference Call

FRANK26…..IQD …….11-10-23…….MR EDUCATION IS VERY LOUD

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=5DTTGrHhieg

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KTFA Wednesday Night CC " Before 2024" 11-8-2023

KTFA

Wednesday Night Conference Call

FRANK26…..11-8-23……..BEFORE 2024

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

KTFA

Wednesday Night Conference Call

FRANK26…..11-8-23……..BEFORE 2024

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=MHJEdYwLTuE

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

Some "Wednesday News" Posted by Clare at KTFA 11-8-2023

KTFA:

Clare:  The Ministry of Interior is in the process of opening sites for the national card and electronic passport in countries around the world

11/8/2023  Baghdad

The Minister of Interior, Abdul Amir Al-Shammari, confirmed on Wednesday that the ministry is working to open new sites for the national card and the electronic passport in a number of countries around the world.

Al-Shammari’s media office stated in a statement received by Al-Eqtisad News, “Minister of Interior, Abdul Amir Al-Shammari, participated in the seventh ambassadors’ conference, which included a dialogue seminar on (the consular services session), where discussion and dialogue took place regarding the joint work strategy between the Ministries of Interior and Foreign Affairs.” .

KTFA:

Clare:  The Ministry of Interior is in the process of opening sites for the national card and electronic passport in countries around the world

11/8/2023  Baghdad

The Minister of Interior, Abdul Amir Al-Shammari, confirmed on Wednesday that the ministry is working to open new sites for the national card and the electronic passport in a number of countries around the world.

Al-Shammari’s media office stated in a statement received by Al-Eqtisad News, “Minister of Interior, Abdul Amir Al-Shammari, participated in the seventh ambassadors’ conference, which included a dialogue seminar on (the consular services session), where discussion and dialogue took place regarding the joint work strategy between the Ministries of Interior and Foreign Affairs.” .

Al-Shammari stressed, according to the statement, “The Ministry of Interior always seeks to provide the best services to the Iraqi community by opening new sites for the national card and the electronic passport in a number of countries around the world, to facilitate the granting of documents.”

He pointed out that "the Ministry is working on an electronic entry visa (visa) project that will solve many of the obstacles facing the work of Iraqi missions abroad."  LINK

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Clare: The Central Bank allows Iraqi banks to import foreign currency and requires them to meet 5 conditions (document)

11/8/2023

The Central Bank of Iraq decided, on Wednesday, to allow Iraqi banks to import foreign exchange according to 5 conditions.

It was stated in a letter sent by the Central Bank of Iraq to the licensed banks and obtained by Shafaq News Agency, “Based on the requests received to the bank, and in order to provide the required flexibility to banks operating in Iraq, it was decided to allow you to import foreign currency from outside Iraq while adhering to the following: -

1- The amounts will be used for the purposes of meeting Ziyankum’s requests from duly registered companies, organizations and bodies, and individuals working for foreign companies or institutions who receive incoming remittances from outside Iraq.

2- Submit a request to the Central Bank of Iraq (Banking Control Department) that includes the quantity required to be entered along with the details of the shipment.

3- Payments must be entered exclusively through air ports.

4- Your commitment to register the serial numbers of these shipments and provide the Banking Control Department with them and the data of their recipients later.

5- Providing the Central Bank with the name of the foreign shipping company along with a copy of the license granted to it in its country.

The Central Bank of Iraq confirmed its continued provision of foreign currency to meet customer requirements and in accordance with instructions and controls in this regard. LINK

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Clare:  America says it is following the resumption of Kurdistan oil exports and the draft oil and gas law

11/7/2023

The Ministry of Natural Resources in the Kurdistan Regional Government announced, on Tuesday, that an American diplomatic delegation confirmed that Washington is closely following the process of resuming oil exports through the region’s pipeline to Turkey and legislating the oil and gas law. 

A statement from the ministry, received by Shafaq News Agency, said that the Kurdistan Minister of Electricity and Natural Resources, Kamal Muhammad Salih, received today, Tuesday, the American Consul General in Erbil, Mark Straw, pointing out that the new American Consul expressed his pleasure to invest in the electricity, energy and oil sector.   

The statement indicated that the American consul confirmed regarding the issue of resuming oil exports (via the region’s pipeline to the Turkish port of Ceyhan) and the issuance of the draft federal oil and gas law that his country is closely following the process of resuming the region’s oil exports, indicating that Washington knows that suspending exports has negative effects on the region’s oil exports. Revenues of the region and its public sector. 

Straw added, according to the statement, that addressing the revenue problem and approving the oil and gas law are among the priorities of his country's policy and programs. 

The statement indicated that Minister Saleh expressed his thanks for America's role in giving importance to efforts to resume the region's oil exports, follow up on addressing oil and gas problems, expand investment, and approve the federal oil and gas law with the participation of the Kurdistan Region.   LINK

Clare: Parliamentary Finance calls for an emergency session regarding the rise in the dollar... and warns strongly of its repercussions

11/7/2023

The Parliamentary Finance Committee called on the leaders of the political blocs to hold an emergency session of the House of Representatives regarding the rise in the price of the dollar against the Iraqi dinar.

Committee member Jamal Cougar said, in a press statement, that “there are many reasons for the rise in the dollar, including the failure to spend the budget in the required manner so that it is not exploited by the parties participating in the elections,” noting that “there is a will that wants to thwart the {SWIFT} system on the part of the influential parties.” What he said.

He pointed out that "other reasons are the many complications in the way of companies, investors, traders, and private sector people to obtain the dollar from the platform, in addition to the mafia’s control over the dollar platform through which it is spent."

Koger pointed out “the political concern about the repercussions of the Gaza war on the entire region, and the Iraqi position on the events may lead in the future, if it engages in the conflict, to repercussions that may be more severe,” stressing that “the solution lies in disbursing the budget, providing very many facilities to investors, and simplifying government procedures to obtain the dollar.” In addition to striking mafias and limiting their influence and control over banks.”

The parliamentary finance member called for holding an emergency session in the presence of the leaders of the political blocs and specialists and informing them of the dangers of not implementing the SWIFT system and its repercussions on the political, economic, and even security and social dimensions. LINK

DCDriver:  they are actually talking about entering the swift system? Wow!!

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Clare: The government issues new instructions regarding the dollar exchange rate mechanism

11/7/2023 Information / Baghdad..

On Tuesday, the Council of Ministers held its forty-fifth regular session headed by Prime Minister Muhammad Shiaa Al-Sudani, while taking a set of decisions regarding the dollar price mechanism and maximizing the state’s imports.

The Office of the President of the Council stated in a statement received by “Al-Ma’louma” that, “In the course of government action to regulate financial transactions based on the dollar, the Council agreed to amend Paragraph (3) of Cabinet Resolution (23545 of 2023) regarding the dollar exchange rate mechanism, to become according to The following: With regard to Iraqi borrowers from government banks (including the Iraqi Trade Bank) in the US dollar currency, these banks are committed to repaying their loans at the official exchange rate (1,320 dinars) for every US dollar from the borrower, provided that the Central Bank of Iraq strengthens the banks’ accounts in dollars for transfer purposes. The external exchange rate, and at the official exchange rate, according to its need, and this procedure applies exclusively to loans that were disbursed before the issuance of this decision.

As part of the government’s efforts to combat corruption and recover stolen funds, the Council of Ministers agreed to “issue instructions to facilitate the implementation of the provisions of the Iraq Money Recovery Fund Law No. (9) of 2012, based on the provisions of the Constitution and Article (9) of the aforementioned law, taking into consideration the proposals.” set forth in the draft project submitted by the Iraq Assets Recovery Fund, and the notes of the Legal Department in the General Secretariat of the Council of Ministers.”

In the direction of working to maximize the state’s imports, the Ministry of Commerce was approved to sell (49,624,767) kg, or forty-nine thousand six hundred and twenty-four tons, and seven hundred and sixty-seven kg, of damaged wheat that is not suitable for animal consumption, and to export it outside the country for final disposal, provided that Its release shall be under the supervision and follow-up of the National Security Service, provided that the sale is made at public auction for export purposes, and that the price is determined by the Estimation Committee formed in accordance with the Law on the Sale and Rent of State Funds, in accordance with the procedures stipulated in Article (8) of this law, and the amount shall be transferred to The Public Treasury, according to Paragraph (3) of Cabinet Resolution (360 of 2022).”

The recommendation of the Ministerial Council for the Economy (230276 Q) was also approved as follows: Approval of what was stated in the letter of the Ministry of Agriculture dated October 5, 2023, regarding the sale of the remaining quantity of premix amounting to (1,113,955) kg, one thousand one hundred and thirteen tons and nine hundred and fifty-five. kg, belonging to the General Company for Agricultural Equipment, without public bidding; Because it is highly perishable, based on the provisions of the Law on the Sale and Rent of State Funds (21 of 2013), provided that the aforementioned ministry bears the financial and legal consequences and the accuracy of the information.” 

As well as "the Ministry of Agriculture's scrutiny of the reasons for purchasing quantities greater than the actual need."

The Council voted to "address the debts owed by the Ministries of Defense and Interior and the Popular Mobilization Authority, regarding medicines and medical supplies from the Ministry of Health/The General Company for Marketing Medicines and Medical Supplies (Kimadia), through coordination between the Ministry of Health and the relevant authorities, and providing the Ministry of Finance with what supports these debts." The amount will be secured this year/2023, or next year/2024.”   LINK

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Monday Night KTFA CC with Frank26 ".IQD UPDATE…..INSIDE A TIME" 11-6-2023

KTFA

Monday Night Conference Call

FRANK26….11-6-23….IQD UPDATE…..INSIDE A TIME

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

KTFA

Monday Night Conference Call

FRANK26….11-6-23….IQD UPDATE…..INSIDE A TIME

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 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… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=FDHaQ9J453w

Read More