KTFA:

Clare:  Monetary policy rate and reactivation of securities

October 30, 2024

Based on the monetary policy orientations to enhance access to targeted inflation rates in a manner that does not conflict with the expected economic growth rates, and is consistent with the policy of developing deposits and increasing credit ratios aimed at targeting projects, relying on following the approach based on data obtained from the banking sector .. For more click here

https://cbi.iq/news/view/2703

KTFA:

Clare:  Opening of 7 new outlets for supplying liquefied gas in Iraq

10/28/2024

The Oil Products Distribution Company, affiliated with the Ministry of Oil, announced today, Monday, the opening of 7 new outlets to supply liquefied gas (LPG) to vehicles, as about 29 million and 500 thousand liters of gas were supplied to vehicles through the outlets spread across various governorates.

The company's general manager, Hussein Talib, said in a statement that the new outlets were distributed across a number of governorates, as three outlets were opened in Nineveh, two in Muthanna, and one outlet in each of Baghdad and Maysan, stressing that work is ongoing to open more outlets to meet the needs of citizens.

KTFA:

Clare:  Iraqi Credit Bank achieves a profit of 20.4 billion dinars 

10/20/2024 Baghdad

The Iraqi Credit Bank achieved a net profit of 20.4 billion dinars since the beginning of the year until the third quarter. 

According to the bank's financial statements, revenues amounted to 26.4 billion dinars, achieving a growth of 38%, as they amounted to 19.1 billion dinars during the same period last year. 

The bank's assets increased to 524.8 billion dinars, but deposits decreased to 137.5 billion dinars after they were 150.6 billion dinars. 

KTFA:

Clare:  BRICS currency.. Government advisor: A global monetary and financial system is about to be born

10/16/2024 Baghdad

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Wednesday, October 16, 2024, that a monetary and financial system for payments that enjoys international acceptance and credibility is “imminent.”

Saleh said in a press statement, regarding his expectations for the outcomes of the upcoming BRICS summit in Kazan, Russia, that “a monetary system and a payment system are imminent and will enjoy international acceptance and credibility.

KTFA:

Clare: Ministry of Finance announces release of more than 400 billion dinars from governorate allocations

10/13/2024

 The Ministry of Finance announced that it is about to release more than 400 billion dinars from the governorates’ allocations today, Sunday.

 Finance Minister Taif Sami said in a press statement: "The ministry will release today more than 400 billion dinars from governorate allocations."

KTFA:

Clare:  Controls

Anti-Money Laundering and Terrorist Financing Controls for Exchange Companies and Foreign Currency Brokers ...

For more, click here

https://cbi.iq/news/view/2686