KTFA Friday Night CC: FRANK26…..2-16-24……..IQD UPDATE……CHASE PART2
KTFA
Friday Night Conference Call
FRANK26…..2-16-24……..IQD UPDATE……CHASE PART2
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
Friday Night Conference Call
FRANK26…..2-16-24……..IQD UPDATE……CHASE PART2
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 CC: "FRANK26….2-15-24……MY TALK WITH CHASE"
KTFA
Thursday Evening Conference Call
FRANK26….2-15-24……MY TALK WITH CHASE
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 Evening Conference Call
FRANK26….2-15-24……MY TALK WITH CHASE
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 KTFA Members "News and Views" 2-9-2024
KTFA:
Frank26: "TAKES YOU OUT OF CHAPTER VII... AND PUTS YOU IN AN INTERNATIONAL BASKET!!!"......F26
Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven
2/7/2024
The United Nations office in Iraq takes Iraq out of Chapter Seven
Information / Baghdad..
On Wednesday, political observer Sabah Al-Ugaili called on Prime Minister Muhammad Shia Al-Sudani to end the work of the United Nations representation in Iraq, indicating that “if this matter were achieved, it would remove Iraq from Chapter Seven.”
KTFA:
Frank26: "TAKES YOU OUT OF CHAPTER VII... AND PUTS YOU IN AN INTERNATIONAL BASKET!!!"......F26
Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven
2/7/2024
The United Nations office in Iraq takes Iraq out of Chapter Seven
Information / Baghdad..
On Wednesday, political observer Sabah Al-Ugaili called on Prime Minister Muhammad Shia Al-Sudani to end the work of the United Nations representation in Iraq, indicating that “if this matter were achieved, it would remove Iraq from Chapter Seven.”
Al-Ugaili told Al-Maalouma, “The time is right for Sudanese to ask the Secretary-General of the United Nations to end the work of its representation in Iraq, especially after Plasschaert announced the end of its mission in Iraq.”
He added, “Plasschaert’s request to end its mission and the Chinese representative’s recognition of the existence of a state of political and economic stability in Iraq gives Al-Sudani the opportunity to ask the Secretary-General of the United Nations to end the work of the United Nations office in Iraq, or at least reduce it, and then Iraq will exit Chapter Seven.”
The representative of the Secretary-General of the United Nations, Jeanine Plasschaert, had asked the Secretary-General of the United Nations that it was her mission in Iraq during her periodic briefing at the UN Security Council yesterday, Tuesday.
It is noteworthy that Iraq has been subject since 1990 to Chapter Seven of the United Nations Charter, which was imposed on it after Saddam’s regime invaded the State of Kuwait in August of the same year. This clause allows the use of force against Iraq as it constitutes a threat to international security, in addition to freezing large amounts of its financial assets in Iraq. International banks to pay compensation to those affected by the invasion. LINK
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Frank26: "WALKINGSTICK REMINDS US..." ................F26
The Governor of the Central Bank of Iraq receives a delegation from the World Bank
February 07, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the World Bank headed by the Director of the World Bank’s office in Iraq, Mr. Richard Abdel Nour.
During the meeting, they discussed enhancing bilateral cooperation between the Central Bank of Iraq and the World Bank and discussing electronic payment projects and financial inclusion, as well as reform programs to enhance the stability and development of the financial sector.
The two parties also discussed the support of the World Bank to provide advice in establishing the Riyada Bank dedicated to financing small projects in Iraq, with the support of the International Finance Corporation.
In turn, the World Bank delegation praised the procedures of the Central Bank of Iraq in facilitating financial transfers to different segments in Iraq, noting that the infrastructure of electronic payment systems and software systems in Iraq are among the best systems in the region.
Central Bank of Iraq
Information Office
7 - February - 2024
Henig: UN to investigate claims of corruption in Iraq aid project
Guardian report found staff allegedly sought bribes in return for helping people win deals as part of $1.5bn construction programme
Simona Foltyn Mon 5 Feb 2024 07.09 EST
The UN Development Programme (UNDP) is dispatching a team to Iraq to assess allegations of corruption in its $1.5bn (£1.2bn) construction programme following a Guardian investigation.
According to an internal document obtained by the Guardian, the UNDP’s administrator, Achim Steiner, has “commissioned a management review and assessment of the allegations” after revelations its staff were allegedly taking kickbacks in return for helping business people obtain lucrative construction contracts.
The six-page document, sent to donors on 25 January, aimed to reassure western capitals that the UNDP could hold itself to account through internal oversight mechanisms. At a subsequent meeting, several donors pressed the agency to carry out an external review to help restore credibility.
An Iraqi government official with detailed knowledge of the matter said the country’s prime minister, Mohammed Shia al-Sudani, had ordered the country’s integrity commission to launch a separate investigation.
The UNDP document said the agency had previously referred 136 cases to its Office of Audit and Investigations (OAI) in relation to the reconstruction programme – the majority of which were against suppliers rather than employees. It said 56 were substantiated, of which 52 were related to vendors who subsequently faced sanction. The document provided no further detail on the remaining four cases, or whether any disciplinary action had been taken.
The brief said the UNDP was “committed to fostering a work culture and environment where all UNDP personnel can report wrongdoing without fear of retaliation”.
Magnifying glass over the United Nations Development Programme UNDP company logo
UN staff on £1.5bn Iraq aid project ‘demanding bribes’
Read more
However, since the Guardian’s report, more UNDP employees have come forward with allegations. They described a “culture of fear” and impunity that they said extended across the agency’s Middle East offices. They accused UNDP managers who had developed close relationships with government counterparts of weaponising those ties to shield themselves from accountability while retaliating against staff who spoke out.
One person who worked at an office in the Middle East said they tried to raise the alarm over hundreds of thousands of dollars being channelled to an organisation run by a government official, but that superiors “signalled very quickly that we ought not to get involved”. When they reported the case to the OAI, the person was told they had not provided sufficient documentation for the investigation to go ahead. “The OAI doesn’t work at all. It’s completely dysfunctional,” the person said.
At UNDP Iraq, one employee filed complaints to the ombudsman and OAI alleging mismanagement and bullying by a supervisor, only to watch senior management turn against them. “They told me, either I drop my grievance or my upcoming performance review would not look good and I would be let go,” they said. The Guardian has seen copies of the complaints, but is not making further details public on this and other cases to protect the whistleblowers.
Another employee who worked for the UNDP said they were threatened by a former manager after voicing concerns over wasteful spending. “Straight away, they said: ‘You know where the door is and you won’t have a job if you continue to raise things,’” they recalled. The manager’s close ties to government officials made them untouchable. “They are in each other’s pockets, and it’s enabled from the top,” the employee said.
Last week, the UNDP’s resident representative in Iraq, Auke Lootsma, wrote in a staff email that the Guardian investigation was “very unfortunate”, adding that his office was “working with UN headquarters to refute these unfair and unjust allegations”. Lootsma asked staff to “refrain from any comment”.
In a statement to the Guardian, a UNDP spokesperson said allegations that employees were threatened with retaliation for reporting wrongdoing were “completely at odds with UNDP’s commitment to accountability, integrity and openness to scrutiny”.
The statement said the allegations were not specific enough to be addressed individually and that the agency would “welcome more details to allow the appropriate independent channels to assess further”.
It added that the UNDP’s ethics office had invested heavily in training staff on issues related to conflict of interest and protection against retaliation, and that the OAI conducted audits and investigations “independently from UNDP management or any outside party and in line with UNDP’s whistleblowing and retaliation policies”. LINK
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Henig: Dollar steps up over dong
By Dat Nguyen Tue 2/6/2024, 08:42 pm (PT)
The U.S. dollar rose against the Vietnamese dong Wednesday morning.
Vietcombank sold the dollar at VND24,570, up 0.16% from Tuesday.
The State Bank of Vietnam lowered its reference rate by 0.03% to VND23,956.
It fell 0.40% to VND24,850 on the black market.
The greenback has increased by 0.61% against the dong since the beginning of the year.
Globally the dollar remained under pressure on Wednesday after retreating from a nearly three-month high against the euro in the previous session with a decline in U.S. bond yields adding to the drag, Reuters reported.
Analysts pointed to technical factors for the dollar's pullback, following a two-day rally of as much as 1.4% against the euro after unexpectedly strong U.S. jobs data and more hawkish rhetoric from Federal Reserve Chair Jerome Powell scuppered bets for an early interest rate cut.
The U.S. dollar index - which measures the currency against six major peers, including the euro - was flat at 104.14, following Tuesday's 0.29% slide. It had reached the highest since Nov. 14 at 104.60 on Monday. LINK
Some "Thursday News" From KTFA 2-8-2024
KTFA:
Clare: Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven
2/7/2024
The United Nations office in Iraq takes Iraq out of Chapter Seven
Information / Baghdad..
On Wednesday, political observer Sabah Al-Ugaili called on Prime Minister Muhammad Shia Al-Sudani to end the work of the United Nations representation in Iraq, indicating that “if this matter were achieved, it would remove Iraq from Chapter Seven.”
Al-Ugaili told Al-Maalouma, “The time is right for Sudanese to ask the Secretary-General of the United Nations to end the work of its representation in Iraq, especially after Plasschaert announced the end of its mission in Iraq.”
KTFA:
Clare: Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven
2/7/2024
The United Nations office in Iraq takes Iraq out of Chapter Seven
Information / Baghdad..
On Wednesday, political observer Sabah Al-Ugaili called on Prime Minister Muhammad Shia Al-Sudani to end the work of the United Nations representation in Iraq, indicating that “if this matter were achieved, it would remove Iraq from Chapter Seven.”
Al-Ugaili told Al-Maalouma, “The time is right for Sudanese to ask the Secretary-General of the United Nations to end the work of its representation in Iraq, especially after Plasschaert announced the end of its mission in Iraq.”
He added, “Plasschaert’s request to end its mission and the Chinese representative’s recognition of the existence of a state of political and economic stability in Iraq gives Al-Sudani the opportunity to ask the Secretary-General of the United Nations to end the work of the United Nations office in Iraq, or at least reduce it, and then Iraq will exit Chapter Seven.”
The representative of the Secretary-General of the United Nations, Jeanine Plasschaert, had asked the Secretary-General of the United Nations that it was her mission in Iraq during her periodic briefing at the UN Security Council yesterday, Tuesday.
It is noteworthy that Iraq has been subject since 1990 to Chapter Seven of the United Nations Charter, which was imposed on it after Saddam’s regime invaded the State of Kuwait in August of the same year. This clause allows the use of force against Iraq as it constitutes a threat to international security, in addition to freezing large amounts of its financial assets in Iraq. International banks to pay compensation to those affected by the invasion. LINK
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Clare: Al-Sudani confirms: The Baghdad Metro project establishes an important shift in the movement of citizens in the capital, Baghdad
2/8/2024
Prime Minister Muhammad Shiaa Al-Sudani confirmed that the Baghdad Metro project establishes an important shift in the movement of citizens in the capital, Baghdad, whose population has exceeded 8 million people.
Al-Sudani said during the ceremony of launching investment opportunities for the Baghdad Metro and Karbala-Najaf Express Train projects that the project consists of 7 lines with a length of 148 km, and will cover most of the areas of Baghdad. The metro project also establishes a process of linking with the new cities that have been started, which is the Al-Jawahiri City, west of Baghdad. Ali Al-Wardi City, south of Baghdad, and New Sadr City, east of Baghdad.
He explained that these projects carry clear and significant economic feasibility for the private sector that is serious about implementing them.
He stressed that the announcement of these two projects represents a transition in the course of the government’s work from quick and simple projects, such as service and engineering effort projects, to major projects.
Al-Sudani explained that the work processes are continuing, as we have worked on these two projects, launched the development road project, and are directly supervising the completion of the Grand Faw Port project and concluding contracts for new cities.
He confirmed that the investment portfolio to rehabilitate and expand Baghdad International Airport will soon be completed.
Al-Sudani pointed out that all these projects lay the foundation for a development renaissance for the new Iraq, after years of neglect, poor planning, and corruption that affected all projects, especially infrastructure.
He stated that public transportation is a goal in which we will not limit ourselves to building bridges, overpasses, and tunnels, but rather we have an integrated vision for a package of several modern means of transportation for our capital.
He stressed that we are establishing a new philosophy of management through the state undertaking organization and planning, and paving the way for the technically capable private sector to undertake the implementation of these projects.
He continued: We cannot remain dependent on oil imports to implement all service projects.
Al-Sudani stressed that Iraq is witnessing a high growth rate, the highest among countries in the region.
He stated: We must create the requirements for an attractive and supportive investment environment to pave the way for the work of local, Arab and foreign companies.
He explained: We need the support of members of the House of Representatives, with its specialized committees, in supporting the state’s directions with legislation that paves the way for an investment-attractive environment.
Al-Sudani confirmed that we sent the draft economic amendments law, which includes several laws that we want to be in one package to save time, and many international companies are waiting for these amendments.
He also stressed that launching the “Year of Achievements” is not just a slogan, but rather within a vision that has been prepared since the writing of the government program, and is planned during the life of this government.
He stated: We established projects according to timings, and we raised the slogan: There is no slow project approved and implemented in this government, and we are continuing in this direction. LINK
KTFA Wednesday Night CC: "FRANK26….2-7-24…….IQD UPDATE…..BANK ON IT"
KTFA
Wednesday Night Conference Call
FRANK26….2-7-24…….IQD UPDATE…..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….2-7-24…….IQD UPDATE…..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 Monday Night CC: " FRANK26……2-5-24……IQD UPDATE……WAIT FOR IT…WAIT FOR IT"
KTFA
Monday Night Conference Call
FRANK26……2-5-24……IQD UPDATE……WAIT FOR IT…WAIT FOR 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
Monday Night Conference Call
FRANK26……2-5-24……IQD UPDATE……WAIT FOR IT…WAIT FOR 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 "News and Views" Sunday 2-4-2024
KTFA:
Frank26: "THE CBI POSITIONING THE DINAR FOR THE INTERNATIONAL WORLD"..........F26
Appointing leadership positions in electronic payment companies
February 01, 2024
It was decided that electronic payment companies must obtain the approval of this bank to appoint employees who occupy important leadership positions ...For more click here
KTFA:
Frank26: "THE CBI POSITIONING THE DINAR FOR THE INTERNATIONAL WORLD"..........F26
Appointing leadership positions in electronic payment companies
February 01, 2024
It was decided that electronic payment companies must obtain the approval of this bank to appoint employees who occupy important leadership positions ...For more click here
Frank26: "REMEMBER WE SUGGESTED MAYBE 30 OR MORE COUNTRIES IN THE BASKET...
MAYBE IRAQ WILL USE THE BRICS BASKET"............F26
34 Countries Look to Join BRICS Alliance After Saudi Arabia’s Entry
Vinod Dsouza February 1, 2024
Saudi Arabia joined BRICS on Wednesday and is now officially a part of the emerging economies’ grouping.
The Kingdom of Saudi Arabia’s induction into BRICS has caused developing countries to express their interest in joining the alliance. BRICS is attracting developing countries to flock towards the alliance as a handful of nations look to cut ties with the US dollar. The mounting U.S. dollar debt and the White House’s sanctions against emerging economies are what led them to consider joining BRICS.
If the BRICS alliance convinces the majority of developing countries to settle trade in local currencies, the US dollar will be the hardest hit currency. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.
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BRICS: 34 Countries Ready To Join Alliance After Saudi Arabia’s Induction
A total of 34 countries have now expressed their interest to join the BRICS alliance as of February 1, 2024, according to CNN. South Africa’s Foreign Minister Naledi Pandor confirmed in a recent press conference that 34 countries are looking to enter BRICS. However, Pandor did not specify the names of the 34 countries in the joint press conference.
The interest in joining BRICS alliance is growing from developing nations as they want to stay ahead of the changing financial dynamics. BRICS is initiating a global shift removing the spotlight from the US dollar to keeping the focus on local currencies. The paradigm shift could uproot the US dollar’s global hegemony and challenge the traditional financial order controlled by the West.
The BRICS bloc aims to replace it with a new world order and operate a ‘multipolar world’ without the US dollar. Therefore, the coming years will decide the fate of the US dollar where developing countries are putting local currencies first. The next decade could be different where the US dollar will have to fight to protect its global reserve status. LINK
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Frank26: "THESE COUNTRIES WERE NOT ATTRACTED BY A PROGRAM RATE... THEY WERE ATTRACTED BY SUDANI'S PROMISES.".........F26
1/31/2024 Baghdad - IA - Hassan Al-Fawaz
The Federation of Chambers of Commerce announced today, Wednesday, that the private sector witnessed a significant recovery in 2023, stressing that government support for the sector worked to attract countries to establish strong economic relations with Iraq.
The head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, told the Iraqi News Agency (INA): “The private sector in Iraq witnessed a significant recovery during the year 2023, due to government support, in addition to the financial and monetary recovery in all Iraqi banks.”
He stressed, "The great government support for the private sector has had a positive impact on the influx of many countries to Iraq, to establish strong economic relations."
He pointed out, "The BRICS economic phenomenon has become a reality in changing the economic world in the world, as the dollar and the euro are no longer the main currencies in financial dealings." LINK
Frank26: "NO IT'S MUCH MORE THAN THAT!!! THAT'S WHY YOU HAVE A NEW EXCHANGE RATE COMING".........F26
It may rise to 206 trillion dinars.. The Finance Committee reveals the latest developments in the 2024 budget
2/1/2024 Baghdad
Today, Thursday (February 1, 2024), the Parliamentary Finance Committee revealed the latest developments in the financial budget for the year 2024, while indicating that it will rise to 206 trillion dinars instead of 199 trillion dinars.
Committee member Mustafa Al-Karaawi told the official agency, “Article 77/Second of the Tripartite Federal Budget Law for the years 2023, 2024, and 2025 stipulates that the House of Representatives will be provided with updated tables for the 2024 budget in order to discuss the file of increase or decrease in the file of financial allocations according to expected revenues and according to the price of oil.” Installer".
He added, "The schedules are still being prepared in the Council of Ministers in preparation for approval, and the House of Representatives will begin discussing the budget after it arrives from the government. We believe that transmission must be accelerated because the delay may restrict the disbursement of operational and investment budgets in the coming days," noting, "Disbursement is now limited to salaries." employees and their benefits directly.”
Al-Karaawi stressed that “the issue of updating the tables depends on the oil market and the quantities exported, on the basis of which the expected revenues will be calculated, and it is based on the size of expenditures and the percentage of the deficit, “pointing out that “there is a point of view that occurred in the 2023 budget according to the quantities that were spent and how to deal with it.” The deficit and revenues achieved, and it is assumed that there will be a growth in expenditures given that there is a growth in the operating budget, and there are contracts concluded in 2023 that have not been disbursed yet and must be added in the next budget “
Regarding the appointments, he explained that they “may include contracts, firsts, holders of advanced degrees, and governorate contracts for the 150,000 degrees that have not been implemented yet and which have been transferred to the 2024 budget.”
He pointed out that "the committee developed a proactive plan by conducting field visits to the ministries that are in direct contact with the citizen, starting with the Ministry of Health and then the Ministry of Construction and Housing to see the percentage of budget completion for each ministry at the operational and investment levels, to know the efficiency of spending.” Actual, given that performance evaluation depends on the extent to which the expected percentage matches the actual achievement.”
A member of Parliamentary Finance stated, “The committee found that there are many items that have not been funded in the Ministry of Construction and Housing, for which more than two trillion and 200 million dinars were supposed to be allocated, but about 60 percent of them are funded. This means that the government has committed itself.” With a budget greater than the possibility of implementing it.”
Al-Karaawi called on the government to “avoid this in the 2024 budget to complete the projects, infrastructure and development projects it has started,” pointing out that “there is relative progress on the issue of performance, but there needs to be a well -thought-out plan to complete what has been started so that it is clear to the public.” "For real."
He stated, “The actual outcome of the 2023 budget is that the total revenues were 134 trillion, excluding the region’s oil imports, at an oil price of $70 per barrel,” expecting that “the same price will be repeated in the 2024 budget, and therefore the revenue estimates may be the same, given that the prices are "The world is approaching last year's numbers."
He pointed out that "the total volume of expenditures achieved is 154 trillion after adding 7 trillion dinars as allocations to the budget, so its total amount will rise from 199 trillion to 206 trillion dinars."
He stressed, “According to an article in the budget, the Council of Ministers has the right to add amounts to the 2024 budget to cover the deficit or needs in the areas of electricity, trade, and others.” LINK
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Frank26: "BECAUSE OF A NEW EXCHANGE RATE!!!"...........F26
Planning: The current year will witness an improvement in average per capita income
1/30/2024
Baghdad: The mainstay of the emirate
. The Ministry of Planning confirmed that the average per capita income last year amounted to 7-8 million dinars, and that there is a discrepancy in income rates for many segments of society, noting that oil prices contributed to the rise in the average per capita income, which is calculated after dividing the gross product.
On the population, while it is expected that the average per capita income for the current year 2024 will witness a noticeable improvement, especially after the government’s great direction in supporting the social protection program, the ration card, and providing services to citizens.
In a way that confirms an improvement in the national economy, the Ministry of Planning stated that the actions of the government and the Central Bank of Iraq contributed to the decline and stability of inflation indicators and a decline in their rates during the last two years, as the inflation rate was (6 percent) in the year 2021, and decreased in the year 2022 to ( 5 percent) and then in the year 2023 the inflation rate was 4.4, meaning less than 4 and a half percent.”
The official spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said that the average per capita income is extracted and calculated by dividing the volume of revenues or resources that the country obtains by the number of population. Thus, we are talking about a rate or average annual per capita income ranging between 7 to 8 million dinars per capita during the past year 2023, pointing out that this improvement in the level of per capita income came as a result of improved oil sales and increased prices, and thus the country achieved good financial revenues. Al-
Hindawi pointed out that The per capita income, which amounts to 7 to 8 million dinars, does not include the entire population, as the individual does not receive the same income or equally. Rather, there is certainly a discrepancy between one group and another and between one segment and another, according to many factors, and that there are segments whose average annual income may be 3 million or five million dinars.
There are segments whose annual income is 10 million dinars, or perhaps their annual income is 20 million dinars annually, indicating that the discrepancy in these numbers comes as a result of the nature of the work and the academic achievement certificate of the individual, who may also work in more than one job, as a result of which his annual income increases or decreases according to these factors, indicating Until the improvement in income rates also depends on the level of services that the individual receives, including water, electricity, sanitation, transportation methods, and other requirements. LINK
Frank26: "THEY TOLD EDDIE ON THE 29TH OF JANUARY, A CAMPAIGN WAS BEING LAUNCHED TO EDUCATE THE IRAQI CITIZENS ON THEIR MONETARY REFORM... THIS IS ANOTHER EXAMPLE OF IT".................F26
Empowering the Iraqi economy: growth through strategic investments and banking excellence
1/30/2024 Baghdad
Cihan University - Dohuk held the "Third Annual Economic Forum", in the presence of Zirvan Abdul Mohsen Asaad, President of the University, and a number of experts, economists, bank managers and academic figures.
The forum was held in the Research Center hall, under the slogan “Empowering the Iraqi Economy: Growth through Strategic Investments and Banking Excellence.”
The first session began at eleven o'clock in the afternoon and lasted for two hours, and was moderated by Ahmed Al-Saffar, an academic and former member of the Iraqi parliament.
The first speaker was Abdul Hussein Al-Anbaki, head of the economic advisory office of the Iraqi Prime Minister, who began his speech about the challenges facing development in Iraq.
Al-Anbaki stressed "the necessity of addressing structural imbalances in the economy, pointing out the failure to achieve the goals associated with Article (25), which aims to reform the economy by diversifying sources and supporting the private sector."
Al-Anbaki referred to the history of the Reconstruction Council and the impact of changes in its allocations on its effectiveness, proposing the establishment of an independent Popular Development Fund to finance government and private projects with soft loans.
He concluded with recommendations for administrative reform before economic reform, reconsidering the management of oil revenues, adjusting the exchange rate of the Iraqi dinar, and canceling the auction. currency, and the legislation of the public-private partnership law.”
The second speaker was Haval Siddiq Ismail, representative of the Minister of Investment in the Kurdistan Region, and Director General of the Investment Authority in Dohuk, who “presented a comprehensive analysis of the investment situation in the region. He provided details about investment projects and successful sectors in attracting investment, with a focus on challenges, opportunities, and policies.”
The government encourages investors. Dr. Haval also highlighted the regulatory and bureaucratic obstacles, and provided a realistic assessment of the difficulties and potential opportunities. Finally, he provided details about the potential opportunities and government policies followed by the Kurdistan Regional Government to facilitate a prosperous investment environment.
The second session started at one o'clock in the afternoon and lasted for two hours, and was moderated by Nawar Al-Saadi, Professor of International Economics and Director of the Research Center at Cihan University.
The second session began with a speech by Muhammad Al-Najjar, Advisor to the Iraqi Prime Minister for Investment, and Executive Director of the Iraq Fund for Development.
In his speech, Al-Najjar shed light on the “Iraq Fund for Development, which was newly established as an independent body reporting to the Prime Minister. Al-Najjar spoke about the Fund’s role in promoting change and diversifying the Iraqi economy. The Fund aims to attract local and international investors to participate in the implementation of various projects.”
One prominent example discussed by Al-Najjar is “the ongoing project to build 1,950 schools across Iraq. These projects will be delivered to private sector investors and the Iraqi investor exclusively, with guarantees such as the return of capital after five years. This approach does not encourage local investment.” "Not only does it ensure the effective participation of the private sector in the reconstruction process in Iraq."
The fund's strategy focuses on "different stages of investors, starting from local investors to foreign investors. It emphasizes the involvement of local stakeholders to enhance local ownership in development projects, with an emphasis on handing over projects to the private sector to guarantee a return on capital after a certain period."
Regarding the second speaker, Ahmed Al-Tabqajli, Chief Strategist at the Iraq Fund at the Asian Development Fund,
Al-Tabjali talked about “strategies for attracting investments to the Iraqi Stock Exchange. The market was characterized by strong performance, as the AFC Fund rose by 110.4% in 2023, making it one of the best funds in the world.” (ONLY BECAUSE OF THE MONETARY REFORM & BANKING RESTRUCTURE OF IRAQ -F26)
Al-Tabjali explained this performance “by the development of new procedures by the Central Bank of Iraq, which led to accelerating reliance on banking services and promoting growth in the non-oil economy. The market was also affected by the relative stability of the country, which created a more stable economic environment and attracted the interest of international investors.”
Al-Tabqajli also pointed to the market's role in supporting the development of an efficient economy by providing capital to companies, and believes that the development of the Iraqi Stock Exchange contributes to enhancing the gross domestic product and economic stability in the region.
Then, many interactive questions, discussions, and inputs were posed by the attendees, and in conclusion, the forum came out with a set of proposals and recommendations that will be submitted to the relevant authorities. LINK
KTFA Friday Night CC: " FRANK26…..2-2-24……HOW TO EXCHANGE"
Note: Remember that all intel about our exchange appointments should be considered "RUMORS". The process still appears to be constantly changing and we may not know the true facts about our exchanges until we are actually at the banks.
KTFA
Friday Night Conference Call
FRANK26…..2-2-24……HOW TO EXCHANGE
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#
Note: Remember that all intel about our exchange appointments should be considered "RUMORS". The process still appears to be constantly changing and we may not know the true facts about our exchanges until we are actually at the banks.
KTFA
Friday Night Conference Call
FRANK26…..2-2-24……HOW TO EXCHANGE
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 Wednesday Night CC: " FRANK26……1-31-24…..AKI CALLED…I AM DONE"
KTFA
Wednesday Evening Conference Call
FRANK26……1-31-24…..AKI CALLED…I AM DONE
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 Evening Conference Call
FRANK26……1-31-24…..AKI CALLED…I AM DONE
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: " FRANK26…..1-29-24….IQD UPDATE…..EDDIE GET READY"
KTFA
Monday Night Conference Call
FRANK26…..1-29-24….IQD UPDATE…..EDDIE GET READY
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…..1-29-24….IQD UPDATE…..EDDIE GET READY
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….1-24-24….IQD UPDATE"
KTFA
Wednesday Night Conference Call
FRANK26….1-24-24….IQD UPDATE
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….1-24-24….IQD UPDATE
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