Wednesday Night KTFA CC: " FRANK26….1-17-24…..IQD UPDATE….A DATE AGREED UPON"

KTFA

Wednesday Night Conference Call

FRANK26….1-17-24…..IQD UPDATE….A DATE AGREED UPON

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=B4diqPc1bAg

Monday Night KTFA CC "FRANK26…..1-15-24……RESTORING CONFIDENCE !!!"

KTFA

Monday Night Conference Call

FRANK26…..1-15-24……RESTORING CONFIDENCE !!!

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=dkvkNSRQQM4

"Vietnam News" Posted by Henig at KTFA 1-12-2024

KTFA:

Henig:  Fruit and vegetable exports likely to reach nearly 5.6 billion USD

Vietnam’s fruit and vegetable export turnover hit a new record in reaching nearly 5.6 billion USD in 2023, exceeding the plan by 40% and increasing nearly 66% over the same period of 2022. It also leads the agriculture product group, surpassing key crops such as rice, cashew nuts, coffee, and cassava.

VNA Tuesday, December 26, 2023 07:55 

https://images.jifo.co/6513924.....469704.png    Link

Henig: Textile-garment sector logs record number of export markets

Vietnam's textile and garment products have been exported to 104 countries and territories this year – a record number, according to the Vietnam Textile and Apparel Association.

VNA Monday, December 25, 2023 03:00  

According to the Vietnam Textile and Apparel Association, the US remained the biggest importer of Vietnamese textile and garment products with a turnover of over 11 billion USD by the end of September. It was followed by Japan, the EU, the Republic of Korea, Canada, and China.

Diversifying markets, products, customers and partners is a step towards reducing Vietnam's reliance on large markets. Markets that previously did not import products from Vietnam now do so, affirming the nation's position in the global marketplace.

According to the Association, 2023 has posed significant challenges, such as the lingering global impact of the COVID-19 pandemic and a large inventory due to decreased demand.

The total export value of the industry last year surpassed 44 billion USD, but with these difficulties, it is expected to decrease by more than 9% this year to over 40 billion USD.

VNA  LINK

Henig:  Vietnamese currency to appreciate despite forex fluctuations

Experts predict that recent fluctuations in foreign exchange rates are short-term, and the Vietnamese currency, the dong, will trend to appreciate again in the medium to long term.

Hanoi (VNA) – After a relative period of stability, the USD/VND exchange rate has increased sharply. Experts said that the surge in exchange rates will last for just a short time, but enterprises still need to take measures in anticipation of the risks.

From August 28 to 31, the USD/VND exchange rate rose sharply. At Vietcombank, the sharpest increase was recorded on August 30, when the rate hit 24,350 VND per USD while the daily reference exchange rate, set by the State Bank of Vietnam (SBV), was 23,977 VND per USD.

However, the rate gradually cooled down after the Natonal Day holiday. Vietcombank listed its selling rate on September 5 at 24,240 VND per USD, down slightly from the previous week, while the reference rate for the day was reduced by 281 VND to 23,959 VND per USD.

Despite certain declines, exchange rates are still high, over 24,000 VND per USD, up 1.4% from the end of July and 1.6% from the year’s beginning.

In August, the SBV raised the daily reference exchange rate for the greenback by a total of 0.82% from July. This was the strongest hike since the start of 2023 and also partly reflected the pressure on exchange rates in the recent past.

Ngo Dang Khoa, Director for the foreign exchange, capital market and securities services division of HSBC Vietnam, said the pressure comes from the impact of the international market. Inflationary concerns in the US have yet to ease while interest rates in the world’s biggest economy bounced back last week. The US Dollar Index, which measures changes in the greenback’s value in comparision with a basket of six key currencies (EUR, JPY, GDP, CAD, SEK, CHF), inched up 0.65% to 104.26.

Meanwhile, the contrast between the monetary policies of Vietnam and the US is also among the causes of the pressure on domestic exchange rates. The slowdown in growth curbed inflation, and the forex market’s stability during the first months of 2023 showed the priority Vietnam has given to growth promotion. This was completely different from the US, where economic statistics remain positive and the core inflation hasn’t been brought down to the target level, forcing the Federal Reserve (Fed) to keep tightening monetary policy.

Experts said that exchange rates have fluctuated strongly as the SBV lowered regulatory interest rates four consecutive times since the start of 2023. Meanwhile, the Fed and many major central banks in the world are still pursuing tightened monetary policies to contain inflation. Exchange rate differentials form a factor encouraging the holding of foreign currencies, which has subsequently fueled exchange rates in the recent past.

In addition, weaker exports have also affected sources of foreign currency revenue, keeping exchange rates high.

Khoa said recent exchange rate fluctuations are short term, and the Vietnamese dong will appreciate in the medium to long term. In the international market, the US dollar is forecast to depreciate in the last months of the year as Fed has neared the end of its tightening cycle.

Echoing the view, Tran Van Tanh, deputy head of the research and analysis division of the Yuanta Securities Vietnam Co. Ltd, said exchange rate fluctuations are manageable, and such a tense scenario as in 2022 is unlikely to happen because the SBV now has more favourable conditions than in the same period last year. The central bank also purchased over 6 billion USD to supplement the country’s foreign exchange reserves in the first half of 2023.

He perceived that the exchange rate issue will only become truly tense if Fed raises interest rates again at its September meeting and the US dollar continues gaining strength. However, insiders predicted that Fed is more likely to maintain current interest rates. VNA  LINK

Monday Night KTFA CC "FRANK26….1-8-24…….BEING BORN"

KTFA

Monday Night Conference Call

FRANK26….1-8-24…….BEING BORN

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=xLKQW45eL_M

Thursday Night KTFA CC " FRANK26…..1-4-24……LET’S BANK ON IT"

KTFA

Thursday Night Conference Call

FRANK26…..1-4-24……LET’S 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

https://www.youtube.com/watch?v=vC87hnwAO5s

Tuesday Night KTFA CC " FRANK26……1-2-24……AKI GOT HIS ORDERS "

KTFA

Tuesday Night Conference Call

FRANK26……1-2-24……AKI GOT HIS ORDERS

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=-iFJ4N7rWR8

Saturday Night Q&A With Frank26 12-30-2023

KTFA

Saturday Night Q&A With Frank26

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=hVM-ZMoI-_U

Frank26 and Clare at KTFA "News and Views" Friday 12-2-9-2023

KTFA:

Frank26:  "THE 2023 BUDGET IS BEING IMPLEMENTED"..............F26

The Minister of Finance directs the completion of funds and depositing them in the accounts of the spending units of the ministries and governorates

12/28/2023

Minister of Finance, Taif Sami: The continuation of the working hours of employees of the accounting and budget departments, the Central Bank of Iraq / the Department of Information Technology and Computers, and the branches of the Rafidain and Rasheed banks on the next Friday and Saturday, to complete the transfers for investment projects and include the salary differences and the associated transfers on current expenses, in addition to completing and releasing financing from...

It is accepted by the Accounting Department and deposited in the accounts of the spending units of ministries, governorates, and entities not affiliated with a ministry, in the branches of the relevant banks, including the Central Bank of Iraq.    LINK

Frank26:  "SO DO I !!!"................F26

Advisor to the Sudanese: We aspire to the end of the parallel market for the dollar in the coming days

12/26/2023

The media advisor to Prime Minister Hisham Al-Rikabi announced that the government is committed to implementing the electronic payment decision in various ministries.

Al-Rikabi said in a tweet on the {X} website, “In the coming days, we have an ambition to reach the end of the parallel market for the dollar.”

It is noteworthy that the local markets have been witnessing a noticeable decline in the dollar exchange rate for days, as it fell for the first time in months to below 1,500 dinars per dollar.
Al-Rikabi said the day before yesterday that “the battle with the dollar is almost over,” referring to government measures to limit the rise of the currency in the parallel market and bring it close to the official rate at the Central Bank of 1,320 dinars to the dollar.  LINK

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Frank26: "THE MONETARY REFORM EDUCATION IS LOUD EVERY DAY IN IRAQ!!!".......F26

 The Sudanese advisor details the government measures to curb the dollar

 12/28/2023

The financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, on Thursday, detailed the government measures that contributed to curbing the dollar’s ​​momentum.

Saleh told {Al-Furat News} that: “Credit cards, with their high flexibility in use, have provided a direct role in providing easy payments in foreign currency for travel purposes.” 
He added, "The demand for foreign exchange was also met by withdrawing from citizens' dollar accounts after banks were allowed to import dollars from foreign foreign markets in cash for this purpose."

Saleh pointed to “trade regulation with neighboring Turkey to finance trade in the Turkish lira through solid banking channels,” considering all of these factors as “positive that have contained the noise of the illegal parallel exchange market.”

He continued, "In addition to the role of economic policy in enabling the state's commercial arm to provide an additional commodity supply with stable prices, by adopting four additional baskets to provide basic commodities and market support supplies financed at the official exchange rate of 1,320 dinars per dollar."

Saleh described this policy as “price defense that led to a decline in annual inflation growth to 3.7% currently, after that annual price growth was about 7% in the accounts at the beginning of the year.”

From: Raghad Dahham   LINK

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Frank26:  PROGRAM RATE NO MORE... IN ORDER TO DO THIS".............F26

 Al-Sudani: We will announce 10 new residential cities to reach 250-300 thousand housing units

12/27/2023

The Prime Minister, Muhammad Shiaa Al-Sudani, announced today, Wednesday, that 10 residential cities in Iraq will soon be announced.

A statement from the Prime Minister’s Media Office stated, “Al-Sudani announced, this morning, the launch of work on the new Al-Jawahiri residential city project, in the Abu Ghraib district, west of the capital, Baghdad, one of the five new city projects that were announced as part of the government’s strategy to address the housing crisis.” and reduce overcrowding in major city centres.

The statement added, "This came during a ceremony held on the occasion, attended by a number of ministers, members of the new cities implementation team, and members of the family of the late great poet Muhammad Mahdi Al-Jawahiri, as well as representatives of the Chinese and Iraqi companies involved in the implementation."

He stressed that "the government identified, from the beginning of its duties, the flaw in the housing crisis, and prepared thoughtful plans to address it, which included constructing integrated residential cities, not complexes, and choosing locations for them on the outskirts of Baghdad and the governorates, away from overcrowded areas."

The statement continued, "The government announced 5 residential cities as a first phase, to be built in the capital, Baghdad, Babylon, Karbala, Nineveh, and Anbar, and later 10 new residential cities will be announced in other governorates."

He pointed out, "The goal is to reach 250-300 thousand housing units, targeting the poor and middle classes. There will also be a commitment to housing unit prices to remain stable."

Al-Sudani pointed out, “The New Al-Jawahiri City project will include, for the first time, 25% of the serviced lands, which the government will distribute among citizens according to mechanisms that will be approved.”  LINK

Clare:  A plan to use electronic payment in all government institutions in early 2024

12/29/2023

The government media team confirmed today, Thursday, a trend to use the electronic payment process in all government institutions without exception early next year 2024, while issuing a warning to holders of electronic payment cards.

Lieutenant General Haider Majeed said, “Two days ago, the General Secretariat of the Council of Ministers issued circulars to official authorities, citizens, and employees who hold Qi, Master, and Visa cards (cards used in the electronic payment process), stressing the necessity and importance of being careful not to trade them or shop with them from anyone.” Unknown and unreliable sites or stores, and also do not hand over these cards to unknown persons or hand over their secret numbers in order to protect their money.”

Majeed added, "There is a government trend, early next year, 2024, towards using the electronic payment process in all government institutions without exception, in accordance with the decisions of the Council of Ministers issued and the directives of Prime Minister Muhammad Shiaa Al-Sudani."

He stressed, "The main relevant authorities in the Ministry of Finance and the Central Bank, as well as banks, are working to urge citizens and institutions to automate the electronic payment process in coordination with officially approved electronic payment companies so that it will be a new cultural phenomenon used for the first time in Iraq in years."   LINK

Tuesday Night KTFA CC "FRANK26….12-26-23…IQD UPDATE: THE BLACK MARKET WILL NO LONGER BE !"

KTFA

Tuesday Night Conference Call

FRANK26….12-26-23…IQD UPDATE: THE BLACK MARKET WILL NO LONGER BE !

Black market exchange rates are exchange rates that differ from the officially given exchange rate set by a government.

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=0rjejik2QDk

Some "Tuesday News" Posted by Clare at KTFA 12-26-2023

KTFA:

Clare:  The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market

12/25/2023

 After months of unreasonable rise in dollar prices in local Iraqi markets, which caused great exhaustion for families, especially those with limited incomes, the Iraqi dinar was able to break the rise of the dollar, which sometimes reached about 170 thousand for every 100 dollars.

In conjunction with the rise of the dollar, the prices of foodstuffs also rose significantly as they are linked to the dollar, given that most of them are imported and are therefore purchased through the dollar, which caused great discontent in the Iraqi street, which demanded that the government must find solutions to address this unjustified rise.

Yesterday, Sunday, the US Ambassador to Iraq, Alina Romanowski, announced that her country is continuing to provide dollar services to Iraq.

Romanowski said in a tweet on X, “The US Treasury continues its cooperation with the Central Bank of Iraq, as many Iraqi banks have now formed relationships with international banks for the first time.”

She added that it "is considered a positive step in making progress in reforming the banking sector," noting "the continuation of providing US dollar services to Iraq in the interest of economic stability."

A government source had previously revealed that government and private banks had imported $255 million within two weeks.

The source told Earth News Agency, “According to the latest statistics provided by the Central Bank of Iraq, the amount of dollars imported into Iraq within two weeks through some government and private banks is estimated at approximately 255 million dollars.”

He added, “A number of other requests to import the dollar are on their way to being audited and implemented,” expecting that “other amounts will arrive within the next few days.”

In this context, the economic advisor to the Prime Minister, Mazhar Nimhammad Salih, told Earth News Agency, “The monetary policy of the Central Bank of Iraq, based on its Law No. 56 of 2004, has the central and primary goal of stabilizing the general level of prices and fighting inflation, and the largest source of stability of the general level of prices is the exchange rate.” .

Saleh stated that “the bank’s operational objectives are its signals and procedures regarding the banking market and the monetary system as a whole and to achieve its intermediate objectives, which are the stability of the exchange rate so that the exchange rate in the secondary market approaches the official central price in reality, and this approach achieves complete stability in the Iraqi economy.”

 Saleh pointed out that “the monetary policy works in this direction, and the economic policy also supports it, meaning that the state is a large commercial arm and supplies the market with stable, imported goods and supplies on the basis of 1,320 dinars, and all of these factors are combined, whether the economic policy is with the monetary policy of the central bank, its goal is to bring market prices closer.” Parallel and noise in it, although this market constitutes only 10%, but it causes some noise until this noise is eliminated from that market and its prices approach the official price. The monetary policy of the Central Bank exercises its role accurately and positively and in accordance with short and medium-term plans to maintain overall stability in the national economy as a goal. Macroeconomics and monetary policy.

 He pointed out, “The process of importing all types of currencies, including the US dollar, takes place in light of the Central Bank’s permission for all Iraqi banks to meet the foreign currency needs of those banks’ customers.”

Regarding this matter, the specialist in financial and banking affairs, Safwan Qusay, told Earth News Agency, “It is clear that the Central Bank’s policy is to comply with international requirements and cooperate with the US Federal Reserve by allowing the American banks Citibank and JPMorgan to manage international financial transfer operations in a direct relationship with five Iraqi banks at this stage.” The first is through the mediation of a section of Jordanian banks, and it is also possible that five other banks will be added early next year. All of this will lead to reducing the waiting period and dealing with the expansion of the knowledge of small and large Iraqi merchants, and the possibility of having dealings in different currencies.”

He added, "These tools helped restore confidence in the Iraqi dinar and consolidate the trade process with all types of countries and various types of goods. We also note that the reforms of the Sudanese government, which seem to have international acceptance at the level of the United Nations, are in removing Iraq from the circle of dependence on oil only to the circle of economic integration." In all sectors and the search for sustainable revenues from the geographical location of the food industries and the stimulation of commercial activity in Iraq, all of these will also support the Iraqi dinar.”

Qusay pointed out that “the value of the dollar in the informal market will certainly continue to decline with the continuation of government measures to monitor the prices of imported goods at official prices and stabilize their sale process and not allow them to be sold at shadow market prices. The strong relationship with the Turkish side will allow for the resumption of Iraq’s oil exports and trade openness to the European system through Turkey.

The exchange rates of the dollar against the Iraqi dinar fell in the local markets today, Monday, to below 150,000 per 100 dollars, after it had recorded more than 155,000 per 100 dollars during the past days.   LINK

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Clare:  Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling

12/25/2023

 A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars.

According to a report by the American “Alam Queen” magazine, translated by “Al-Ghad Press,” “a sample of a 100-fils banknote from Iraq dating back to 1941, printed in India during World War II, was sold for a price of 100,000 pounds sterling (126,400 US dollars) at the paper auction.” Noonan Mayfair's 1,000-piece global coin launch on November 29 and 30. It was expected to fetch £50,000-£70,000. 

The report added, “The memorandum bears the serial number  O/00 000000 and contains a picture of King Faisal II as a child in a frame on the right side. It was printed by the Nasik Press in India and given to the first director general of finance in Iraq, Abraham the Great. The sender was one of his descendants, called The big one too.” 

He continued, "Andrew Pattison of '  Noonans ' said it was an almost legendary note; it had never been offered at auction before and was unlikely to come up again. The note had been issued for weeks, and only one low-grade example is believed to have survived. It has This auction represented the only opportunity to complete the Iraq series once and for all.” 

The report stated that “Among the exhibits also, and from the same sender, is a sample of a 50 fils banknote from 1944 bearing the serial number  A000000 and a similar picture of King Faisal II when he was a child, but on the left. It reached 50 thousand pounds sterling, with an estimate ranging from £30,000 to £40,000.” 

He pointed out that "there is another distinctive piece, which is the highest denomination and rarest Swedish currency ever issued, which is a 10,000 kroner banknote dated 1939 from the  Sveriges Riksbank . It was sold for 17,000 pounds sterling."   LINK

Clare:  What are the reasons for the continuous decline in dollar exchange rates?.. A parliamentarian answers

 12/25/2023  Baghdad 

Member of the House of Representatives, Suhaila Al-Sultani, on Monday explained the reasons for the decline in the dollar exchange rates after months of rise, while confirming that the results of the successful measures and decisions taken by the government and the Central Bank have begun to be translated into reality.  

Al-Sultani said in an interview followed by Mawazine News, that “the dollar exchange rates will witness a significant decline in the local markets compared to the rise that the parallel prices reached in the previous period,” noting that “the government’s continued taking the right steps in this file will reduce the gap between the official and parallel rates.” almost". 

She continued, "The campaign of arrests and prosecution of currency speculators had an effective role in keeping the Iraqi dinar from collapsing," adding that "the Central Bank's decisions work to match the parallel and official dollar exchange rates."   

The member of the House of Representatives added, “Controlling the dollar file, in light of the major violations in this file, will not be instantaneous and will need a period of time in order to impose it on the local markets,” noting that “the results of the successful measures and decisions that the central bank government took have begun to be translated on the ground.” reality". LINK

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Clare:  Central Bank of Iraq.. Our procedures have revolutionized the financial and banking sector

12/26/2023  Independent/-

Assistant Director General of the Department of Investment and Foreign Remittances at the Central Bank of Iraq, Muhammad Yunus, confirmed that the Central Bank’s measures were a “revolution” in the financial and banking sectors, indicating that the Central Bank has begun to reap the fruits of the recent measures.

Younis said, in a press statement followed by Al-Mustaqila on Tuesday, that “the Central Bank’s measures contributed to enhancing transparency and governance of financial institutions, improving services provided to citizens, and increasing confidence in the Iraqi economy.”

He added, “The Central Bank will continue to take important economic measures in 2024, with the aim of achieving economic stability and promoting growth.”

Younis pointed out that “Iraqi banks opened accounts in Europe and some countries for the first time, after complying with international standards.”

He pointed out that “compliance with international standards facilitated the trade financing process and contributed to increasing Iraqi exports.”

The following are the most important measures taken by the Central Bank of Iraq:

Issuing the new Central Bank of Iraq law, which regulates the bank’s work and subjects its budget to parliamentary oversight.

Forming a committee to combat money laundering and terrorist financing, which works to enhance transparency in the financial sector.

Issuing new instructions to commercial banks, obligating them to follow corporate governance standards and combating money laundering and terrorist financing.

Starting to implement the electronic payment system, which aims to facilitate financial transactions and increase transparency.

These measures come within the framework of the Iraqi government's efforts to reform the financial and banking sector and enhance confidence in the Iraqi economy.   LINK

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Clare:  Government media announces the measures taken to adopt electronic payment

12/26/2023  Baghdad

Today, Tuesday, the government media team announced the measures taken to adopt the electronic payment system, and while confirming that the file receives direct attention from the Prime Minister, it pointed to the implementation of electronic payment in the departments and institutions of the Ministry of Health early next year, 2024.

The team’s spokesman, Haider Majeed, told the Iraqi News Agency (INA), followed by “Al-Eqtisad News,” that “the file of electronic payment and the use of electronic point-of-sale (BOS) devices is one of the files that receives direct attention from Prime Minister Muhammad Shiaa Al-Sudani, who directed the importance of adopting This file will be discussed during the next stage.”

He pointed out, "There are many procedures regarding adopting the electronic payment system, as the government media team held meetings with the relevant authorities, including the Ministries of Finance and Oil, as well as the Central Bank of Iraq, to ​​develop a specific mechanism."

Majeed added, "The first entity to implement the electronic payment system was the Ministry of Oil regarding government gas stations, then the rest of the ministries and departments such as the Ministries of Health, Interior, Labor, Social Affairs, and a number of ministries that have direct contact with the lives of citizens, and in which collection is required."

He pointed out that "the Ministry of Oil issued a decision to use electronic payment for all government and private gas stations throughout the governorates, and special cards will also be issued for government vehicles."

He continued: "The Ministry of Health will also implement the electronic sales system in public departments, clinics, and health insurance at the beginning of next year, 2024, in addition to the measures taken now in the Passports Directorate to collect funds for issuing and renewing passports from citizens."   LINK

KTFA Thursday Night CC "FRANK26…..IQD UPDATE…..12-21-23……I LIKE THINGS IN 3’s"

KTFA

Thursday Night Conference Call

FRANK26…..IQD UPDATE…..12-21-23……I LIKE THINGS IN 3’s

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=azwMEGi0YRw