Wednesday Night KTFA CC "FRANK26…..,12-13-23…….YOU CAN BANK ON IT"
KTFA
Wednesday Night Conference Call
FRANK26…..,12-13-23…….YOU CAN BANK ON IT
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…..,12-13-23…….YOU CAN BANK ON IT
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
Frank26 and Clare from KTFA "News and Views" 12=13=2-23
KTFA
Frank26: "WHY... IS THERE A RATE CHANGE COMING???!!!"..........F26
Parliamentary Finance: Spending only 20% of the current year’s budget
12/12/2023 Baghdad: Shaima Rasheed
The Parliamentary Finance Committee revealed that the government has spent only 20% of the current year’s budget, and expected to release the rest of the budget on December 20, indicating that the government’s move towards currencies other than the dollar will reduce the pressure on demand for it and thus reduce its prices. (IF THE EXCHANGE RATE DOES NOT GIVE VALUE TO THE DINAR THEN THE GOI/CBI WILL SUFFOCATE EVERYTHING IN IRAQ!!! -F26 )
Committee member, Jamal Kujar, said in an interview with “Al-Sabah”: The government has spent only 20% of the current year’s budget, and it is assumed that after December 20, a good portion of the budget will be spent for a period of five days until the accounts are closed, noting that with the beginning of New Year Next year's budget schedules are sent. ( )
KTFA
Frank26: "WHY... IS THERE A RATE CHANGE COMING???!!!"..........F26
Parliamentary Finance: Spending only 20% of the current year’s budget
12/12/2023 Baghdad: Shaima Rasheed
The Parliamentary Finance Committee revealed that the government has spent only 20% of the current year’s budget, and expected to release the rest of the budget on December 20, indicating that the government’s move towards currencies other than the dollar will reduce the pressure on demand for it and thus reduce its prices. (IF THE EXCHANGE RATE DOES NOT GIVE VALUE TO THE DINAR THEN THE GOI/CBI WILL SUFFOCATE EVERYTHING IN IRAQ!!! -F26 )
Committee member, Jamal Kujar, said in an interview with “Al-Sabah”: The government has spent only 20% of the current year’s budget, and it is assumed that after December 20, a good portion of the budget will be spent for a period of five days until the accounts are closed, noting that with the beginning of New Year Next year's budget schedules are sent. ( )
He pointed out that the government's move towards currencies other than the dollar will facilitate the issue of trade, (THIS IS THE INTERNATIONAL BASKET!!! -F26 ) on the one hand, and push traders to deal with the platform (THE FLOAT!!! -F26 ) more and reduce pressure on the dollar instead of focusing on it, stressing that it will contribute to stabilizing its official price.
(REER!!! -F26 ) LINK
Frank26: "THIS IS A FIRST... FOR THE MONETARY REFORM PROCESS"............F26
The Central Bank decides to establish the National Company for Electronic Payment Systems in Iraq
December 13, 2023
The Board of Directors of the Central Bank of Iraq decided to establish the “National Company for Electronic Payment Systems in Iraq,” indicating that the company represents a qualitative development in the structure of the country’s financial infrastructure.
He stated that the new company will assume responsibility for developing, operating and managing the national electronic payment and clearing systems with high efficiency and adding new elements to serve the electronic payment environment.
He added that the role of the Central Bank of Iraq will revolve around organizing and supervising these systems, and that implementation will begin and the legal, executive and operational framework for the company will be established with the participation of all interested parties, in accordance with the Bank Law and the applicable legislative frameworks.
It is noteworthy that this step coincides with the rapid growth in electronic financial services and products and the increase in the number of users in accordance with the framework of the government program to support and adopt advanced electronic payment systems.
Central Bank of Iraq
Information Office
December 13, 2023
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Frank26: "NEXT YEAR THIS NUMBER WILL BE DOUBLED... BECAUSE OF IRAQ'S POTENTIAL IN THE WORLD!!!"..........F26
Central Bank of Iraq: Our imports from the UAE exceed $21 billion annually
12/13/2023
The Central Bank of Iraq revealed, on Wednesday, that Iraq’s imports from the UAE exceeded $21 billion in 2022, indicating that dealing in the UAE dirham will be with the same mechanism adopted with Turkey and India.
Assistant Director General of Investments at the Central Bank, Muhammad Younis, said in an interview with Shafaq News Agency, “Dealing in the UAE dirham will help cover our imports, which last year amounted to 21 billion and 478 million and 796 thousand dollars,” noting that “dealing in the dirham will avoid us dealing in the dollar, which "Subject to scrutiny."
He continued, "The UAE dirham will contribute to facilitating the process of financing trade from the Emirates and reduce pressure on the secondary market because many Iraqi merchants cannot transfer dollars to the Emirates, which is also subject to auditing and delays."
He pointed out that "the bank deals in the local currency of other countries. We started first with the Chinese yuan and we are in the final stages, and with Turkey in the lira, and with India also in the rupee."
The Governor of the Central Bank, Ali Al-Alaq, announced the agreement with the Abu Dhabi Bank Group to launch financial transfer operations between the two countries and finance trade and imports between Iraq and the United Arab Emirates in the UAE dirham currency.
It is noteworthy that First Abu Dhabi Bank is one of the largest and strongest financial institutions in the world, with a credit rating of AA-, and its total assets amount to about 300 billion US dollars. LINK
Clare: Kurdistan will suspend working hours starting December 25th
12/13/2023
Kurdistan Region: Disruption of official working hours starting from December 25 until January 1, 2024 on the occasion of New Year’s Day.
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Clare: Sudanese directs to link the Central Bank, customs and border crossings
12/13/2023
Prime Minister Muhammad Shiaa Al-Sudani held, before noon on Wednesday, a special meeting of the Networking Committee for Border Ports, in the presence of a number of government advisors.
A statement issued by Al-Sudani's office stated that the latter "listened, during the meeting, to a comprehensive presentation of the port networking project, the system designed to manage it and the unified and central database it provides, in addition to the possibilities of interconnection with the controls in order to enhance security and follow up on transit trucks."
The statement added that Al-Sudani "was briefed on the developed electronic declaration system, the smart tracking system inside the ports for trucks, and the obstacles to completing the project, which began work on in March 2023, and which will reduce time and limit financial corruption, smuggling operations and customs manipulation."
According to the statement, the Prime Minister stressed the need for the draft system to include broad automation in the processes related to border crossings, secure their work in a centralized manner, and create a unified examination image that contains all the required information, directing that reliance on the human factor be reduced to the maximum extent.
The statement continued that Al-Sudani "directed to accelerate the integration of the link between the departments, in order to reach a state of linkage between the Central Bank, Customs, border crossings, and all sectoral departments, praising the efforts made to complete the work of this system and implement it to its full potential." LINK
KTFA Monday Night CC "FRANK26…..12-11-23….1:1 …..IS TOOPIT"
KTFA
Monday Night Conference Call
FRANK26…..12-11-23….1:1 …..IS TOOPIT
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…..12-11-23….1:1 …..IS TOOPIT
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
Some "Saturday News" Posted by Clare at KTFA 12-9-2023
KTFA:
Clare: The Central Bank of Iraq refutes accusations of the disappearance of large amounts of local currency
December 09, 2023
Today, Saturday, the Central Bank of Iraq refuted the alleged accusations of the disappearance of large amounts of Iraqi currency and their smuggling to some neighboring countries, indicating that the quantities of Iraqi currency are printed according to the needs of the Iraqi economy and within strict standards.
The Central Bank noted that the issuance of Emaar bonds (the first issue), which were sold in full, was according to the needs of the Ministry of Finance and what was stipulated in the General Budget Law.
KTFA:
Clare: The Central Bank of Iraq refutes accusations of the disappearance of large amounts of local currency
December 09, 2023
Today, Saturday, the Central Bank of Iraq refuted the alleged accusations of the disappearance of large amounts of Iraqi currency and their smuggling to some neighboring countries, indicating that the quantities of Iraqi currency are printed according to the needs of the Iraqi economy and within strict standards.
The Central Bank noted that the issuance of Emaar bonds (the first issue), which were sold in full, was according to the needs of the Ministry of Finance and what was stipulated in the General Budget Law.
The Central Bank of Iraq stressed that it is the only institution in Iraq that is subject to audits of its accounts and operations from four parties: the Office of Financial Supervision, an international auditing company, a committee of external auditors, and the Internal Audit Department.
The bank pointed out that making accusations without providing any evidence to confirm them calls into question the intentions and aim of harming the state’s economic interests, stressing its legal right to prosecute anyone who promotes such accusations.
Central Bank of Iraq
Information Office
9 - December 2023
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Clare: Iraq offers Qatar investment opportunities in more than 7 sectors
12/8/2023
The Chairman of the National Investment Authority, Haider Muhammad Makkiya, discussed developing the horizons of joint cooperation in the investment sector with the Qatari Minister of Trade and Industry, Muhammad bin Hamad bin Qassim Al Thani.
Makiya stressed, according to a statement from his office, a copy of which {Al-Furat News} received, "the importance of bridging investment relations with the State of Qatar, in order to achieve economic integration in the development of major vital projects."
The head of the National Authority reviewed the opportunities available in Baghdad and the governorates, distributed across all sectors, including residential, industrial, transportation, railways, renewable energy, agriculture, and others.
The meeting discussed mechanisms for increasing areas of cooperation between the two countries in strategic project sectors that constitute a priority in Iraqi society.
For his part, theQatari Minister of Trade and Industry expressed his country’s readiness to cooperate in supporting the private sector in Iraq, through incentives, legislation, and promising and purposeful opportunities to encourage investors, businessmen, and company owners to Investment in the two countries. LINK
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Clare: Iraq and France are discussing enhancing economic cooperation and developing trade exchange
12/8/2023 Baghdad
The Federation of Iraqi Chambers of Commerce discussed with its French counterpart the strengthening of economic cooperation between the two countries.
The Federation of Iraqi Chambers of Commerce stated in a statement received by Mawazine News, “The President of the Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, held a meeting with the Federation of French Chambers of Commerce (CCIF) and the representative of the French Business Center, in the presence of the Iraqi Ambassador to Paris, Wadih Batti, and the Vice President of the Council of State.” Abdul Latif Nayef, and a number of officials from both sides.”
The statement added, "The meeting discussed ways to enhance the prospects for economic cooperation and develop trade relations to serve the interests of both countries."
The Iraqi Ambassador, Wadih Batti, spoke about "expanding the horizons of cooperation and partnership between the two sides, and called for holding a specialized symposium at the embassy headquarters between Iraqi and French businessmen, sponsored by the embassy, on the occasion of the first anniversary of the signing of the strategic partnership agreement between Iraq and France."
In turn, the head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, called for “framing this cooperation with a memorandum of understanding, and providing support to open an office for the French Business Center in Baghdad.”
The French side expressed "their interest in the ideas presented, and expressed their readiness to work and expand the horizons of cooperation."
The two parties decided, according to the statement, “to form a joint committee to follow up on the implementation of the results of the meeting and prepare the proposed memorandum of understanding.” LINK
Clare: Federal Integrity The US Department of Justice hands over the names of defendants residing in the United States
12/9/2023
The head of the Federal Integrity Commission, Haider Hanoun, handed over to the American side a file containing requests for legal assistance and a list of defendants and convicts residing within American territory who are wanted by the Iraqi side.
A statement from the commission, a copy of which {Al-Furat News} received, stated: “This came during a meeting with the head of the commission with integrity experts in the US Department of Justice, where the two sides discussed forming committees between the two parties to study the files through joint experts from the commission and the American side on common issues, and then Referring the case to the judiciary if the committee is convinced of the conviction of the accused in the case.”
For his part, Hanoun expressed his "optimism to conclude a memorandum of understanding with the US Department of Justice, in order to exchange information and experiences for the purpose of support and documentation, and technical cooperation to prevent and combat corruption, enhance expertise, and hold training courses at the headquarters of the Iraqi Anti-Corruption Academy for members of the Iraqi regulatory bodies and employees of the agencies." counterpart in the countries surrounding Iraq.
Meanwhile, integrity experts at the US Department of Justice indicated “their awareness of the danger of corruption to state institutions in Iraq and its causing problems in the security and economic fields and the level of service provision to the people,” expressing their readiness to work with the State Department to complete the draft memorandum with the Iraqi side to provide support and exchange experiences, stressing that Their country will cooperate with Iraq to recover its smuggled money.” LINK
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Clare: Al-Sudani directs that officers and members of the holding units be referred for investigation and that the presidential regiment be replaced
12/9/2023
The Commander-in-Chief of the Armed Forces, Muhammad Shiaa Al-Sudani, directed the formation of a joint working team to investigate with security officials for the area in which the attack on the American Embassy and the headquarters of the National Security Service occurred.
The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasoul, said in a statement received by {Al-Furat News}: “Under the guidance and follow-up of the Commander-in-Chief of the Armed Forces, Muhammad Shiaa al-Sudani, and to determine the circumstances of the attacks that took place against the Embassy of the United States of America in Iraq, as well as the headquarters of the National Security Service.” And a number of neighboring residential buildings. A joint working team was formed to investigate with the security officials for the area in which the attack occurred. In this context, officers and members from the holding units and specialized detachments within this sector were referred to specialized investigative committees to hold those who were negligent accountable, while it was decided Replace the presidential regiment with a regiment from the special division to hold the aforementioned sector.
He added, "The working team, under the direct supervision of the Commander-in-Chief of the Armed Forces, continues to pursue the perpetrators of this criminal act, to arrest them and bring them to justice so that they receive their just punishment, and to serve as an example to everyone who dares to tamper with security."
He pointed out that "the security measures will be strict against the elements who committed this terrorist act, and they will be subject to the law, especially since the competent security services have reached important leads about them, and the security forces have also been granted broad powers to immediately confront any action that affects the security of diplomatic missions and locations where advisors are located." international community, and not to tolerate this matter at all.” LINK
Thursday Night KTFA CC " FRANK26…..IQD UPDATE….12-7-23……THE END"
KTFA
Thursday Night Conference Call
FRANK26…..IQD UPDATE….12-7-23……THE END
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
Thursday Night Conference Call
FRANK26…..IQD UPDATE….12-7-23……THE END
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
Wednesday Night KTFA CC "FRANK26….12-6-23…..THE EVIDENCE"
KTFA
Wednesday Night Conference Call
FRANK26….12-6-23…..THE EVIDENCE
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
Some "Wednesday News" Posted by Clare at KTFA 12-6-2023
KTFA:
Clare: Al-Sudani: The challenges facing Iraqi society are mostly economically rooted
12/6/2023 Baghdad
On Wednesday, Prime Minister Muhammad Shiaa Al-Sudani considered that most of the challenges and problems facing Iraqi society have economic roots, stressing the necessity of adhering to the duties and taxes imposed and not circumventing them to support local products.
This came in a speech he delivered during the launch of the conference on reforming the tax system in Iraq.
Al-Sudani said in his speech, “Within a year of the life of the current Iraqi government, we identified one of the five priorities, which is economic reform. We did not set this word as a slogan or a temporary goal, but rather it came from a realistic reading and inevitable result of the problems and challenges facing Iraqi society, most of which have economic roots.” ". LINK
KTFA:
Clare: Al-Sudani: The challenges facing Iraqi society are mostly economically rooted
12/6/2023 Baghdad
On Wednesday, Prime Minister Muhammad Shiaa Al-Sudani considered that most of the challenges and problems facing Iraqi society have economic roots, stressing the necessity of adhering to the duties and taxes imposed and not circumventing them to support local products.
This came in a speech he delivered during the launch of the conference on reforming the tax system in Iraq.
Al-Sudani said in his speech, “Within a year of the life of the current Iraqi government, we identified one of the five priorities, which is economic reform. We did not set this word as a slogan or a temporary goal, but rather it came from a realistic reading and inevitable result of the problems and challenges facing Iraqi society, most of which have economic roots.” ". LINK
Clare: Minister of Oil: The government has succeeded in implementing gas investment contracts
12/6/2023
The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayyan Abdul Ghani, confirmed today, Wednesday, that the government has succeeded in implementing gas investment contracts.
Abdul Ghani said in his speech during the opening of the Iraq Oil and Gas Conference, which was followed by the Iraqi News Agency (INA): “Government support and the follow-up of Prime Minister Muhammad Shiaa Al-Sudani have contributed to accelerating and expediting the implementation of associated gas investment projects,” indicating that “the government and the ministry have succeeded.”
In implementing gas investment contracts with Total International with a capacity of 600 mqmq, Al-Halfaya in Maysan with a capacity of 300 mqmq, and Dhi Qar 200 mqmq, in addition to gas investment in the Bin Omar field in Basra with a capacity of 150 mqmq.
He added, "The Basra Gas Company is implementing its promising plans to invest gas from three oil fields, and has achieved approximately 1,000 megaqqm, and 200 megaqqm have been added after the opening of the gas investment station in the Rumaila field, and it is hoped that the amount of 200 megaqqm will be added at the end of the first quarter of next year." “After operating the second station within the project.”
He stated that "the Basra Gas Company contributes to stopping the burning of thousands of tons of pollutants annually, and Iraq is committed to the Paris Agreement, and achieved its commitment within the required commitment ceiling," pointing out that "the project to offer carbon bonds in the Central Oil Company is a promising and unique experience in the region." .
He continued, "Licensing rounds are promising projects to enhance national production of oil and gas." LINK
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Clare: Investors: The Iraqi market is promising and its investment environment is excellent
12/6/2023 Baghdad
The agreement signed between the Iraqi and Saudi sides in the field of industrial investments for the private sector is considered an important partnership and a stimulating initiative that will raise the level of services in the Iraqi market.
The Director Commissioner of the Iraqi Diar Company, Salman Dawoud Salman, said, “Under the sponsorship of the Iraqi Fund for Development, the Iraqi and Saudi sides participated in the private sector for the first time.”
He explained, "Al-Diyar Company acquired 49 percent of the investments of the Saudi Northern Factory in Iraq," noting that "the company is considered one of the important companies in the industrial field."
He added, "The industrial city is considered one of the strategic projects with an area of 6,000 dunams and is located in the Al-Najaf Governorate," noting that "there are 6 factories under construction in the industrial city and work is proceeding at a continuous pace."
For his part, the director of the Northern Cement Company in Saudi Arabia, Saud Al-Arifi, expressed his “happiness at signing a partnership agreement in the field of industrial investments for the private sector,” noting that it “is the first real investment partnership in the sector at this level.”
He continued, "We hope that this initiative will motivate other investors to take the same approach and create joint and beneficial investments for everyone," noting that "the investment environment is excellent, the opportunities are available, and the Iraqi market is promising in all respects."
He added, "The government is working to support and facilitate procedures," calling on "all investors in the Gulf countries to take the initiative and seize the distinctive opportunities that will raise the level of services and construction in the Iraqi market."
He added, "Many projects will see the light soon."
Source: Iraqi News Agency (INA) LINK
Clare: Al-Nusairi: The Central Bank has achieved an important step to finance trade with Türkiye in the euro
12/6/2023 Baghdad
Samir Al-Nusairi, advisor to the Iraqi Private Banks Association, confirmed on Wednesday that the Central Bank completed an important step last week to finance trade with Turkey in the euro currency in the tens of millions as an initial payment to cover retailers’ imports from Turkey, as “the implementation of the banking understanding agreement with Turkey began last Sunday.” ".
Al-Nusairi noted that “this came through Iraqi merchants paying in Iraqi dinars and the Central Bank strengthening them in euros,” pointing out that “after that, settlement is made with Turkish merchants in Turkish lira.”
The advisor to the Iraqi Private Banks Association, Samir Al-Nusairi, previously announced, “An Iraqi delegation went to Turkey to agree with Turkish banks to enhance balances in euros or Turkish lira.”
He pointed out that the Central Bank continues to hold periodic agreed-upon meetings with the US Federal Reserve and other banks that were agreed with last month as part of a series of negotiations in order to reach more agreements to regulate trade financing and enhance balances of various currencies in correspondent banks, and thus control speculation in the dollar. On the black market, maintaining exchange rate stability. LINK
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Clare: Northern Cement signs a partnership agreement with Iraqi Diyar worth $44 million
Economy News - follow-up
The Northern Province Cement Company announced, on Wednesday, the signing of a partnership agreement with the Iraqi Diyar Investments Company through the Iraqi Diyar Investments Company’s access to 49% of the company’s investments in Iraq.
The company explained in a statement, seen by Al-Iqtisad News, that the value of the deal is $43.9 million, and details the use of proceeds from the sale of the asset to be pumped into foreign investments with promising opportunities and to repay a portion of high-cost loans in light of the current high financing cost rates.
She added that the aim of the deal is to enter into strategic partnerships that enable the company to expand investment in promising markets. LINK
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Clare: Al-Mandalawi: The Iraqi Parliament is in the process of amending the law on recovery of proceeds of corruption
12/6/2023
Mohsen Al-Mandalawi, Acting Speaker of the House of Representatives, announced on Wednesday that the House is working to amend the law on the recovery of proceeds of financial corruption in order to establish a solid legal base that enables institutions to combat this scourge to exercise their role in the country.
This came in a speech he delivered, during his participation in the conference to commemorate the International Anti-Corruption Day and the launch of the annual Integrity Week, which was held by the Federal Integrity Commission under the slogan (With the love of Iraq, we fight corruption and rebuild the country).
Al-Mandalawi said in his speech that the fight against corruption requires close cooperation between the three authorities to pave the way for the Integrity Commission to exercise its effective role, stressing the prevention of any infringement or obstruction of its work by any party, as there are no red lines after today before the force of law and judicial decisions.
He announced that the Presidency of the House of Representatives fully supports the efforts of the Federal Integrity Commission, and is ready with the parliamentary committees to coordinate and cooperate in exercising the supervisory role, legislating the necessary laws to combat corruption, and amending what exists among them, such as the draft law on recovering the proceeds of corruption, whose legislation the Council is working to complete in the best possible way. In order to establish a solid legal base that enables anti-corruption institutions to exercise their role and protect those in charge of them and those working in them.
Al-Mandalawi continued by saying that the Council is keen to work within its relations with the world’s parliaments within the framework of parliamentary diplomacy, to conclude memorandums of understanding that focus on combating corruption and recovering wanted persons. LINK
Monday Night KTFA CC "EVIDENCE" 12-4-2023
KTFA
Monday Night Conference Call
FRANK26….IQD 12-4-23……EVIDENCE
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….IQD 12-4-23……EVIDENCE
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
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
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
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
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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