The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger
The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger
I never thought I was the kind of person to fall for a scam.
By Charlotte Cowles
On a Tuesday evening this past October, I put $50,000 in cash in a shoe box, taped it shut as instructed, and carried it to the sidewalk in front of my apartment, my phone clasped to my ear. “Don’t let anyone hurt me,” I told the man on the line, feeling pathetic.
“You won’t be hurt,” he answered. “Just keep doing exactly as I say.”
Three minutes later, a white Mercedes SUV pulled up to the curb. “The back window will open,” said the man on the phone. “Do not look at the driver or talk to him. Put the box through the window, say ‘thank you,’ and go back inside.”
The man on the phone knew my home address, my Social Security number, the names of my family members, and that my 2-year-old son was playing in our living room. He told me my home was being watched, my laptop had been hacked, and we were in imminent danger. “I can help you, but only if you cooperate,” he said. His first orders: I could not tell anyone about our conversation, not even my spouse, or talk to the police or a lawyer.
Now I know this was all a scam — a cruel and violating one but painfully obvious in retrospect. Here’s what I can’t figure out: Why didn’t I just hang up and call 911? Why didn’t I text my husband, or my brother (a lawyer), or my best friend (also a lawyer), or my parents, or one of the many other people who would have helped me? Why did I hand over all that money — the contents of my savings account, strictly for emergencies — without a bigger fight?
The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger
I never thought I was the kind of person to fall for a scam.
By Charlotte Cowles
On a Tuesday evening this past October, I put $50,000 in cash in a shoe box, taped it shut as instructed, and carried it to the sidewalk in front of my apartment, my phone clasped to my ear. “Don’t let anyone hurt me,” I told the man on the line, feeling pathetic.
“You won’t be hurt,” he answered. “Just keep doing exactly as I say.”
Three minutes later, a white Mercedes SUV pulled up to the curb. “The back window will open,” said the man on the phone. “Do not look at the driver or talk to him. Put the box through the window, say ‘thank you,’ and go back inside.”
The man on the phone knew my home address, my Social Security number, the names of my family members, and that my 2-year-old son was playing in our living room. He told me my home was being watched, my laptop had been hacked, and we were in imminent danger. “I can help you, but only if you cooperate,” he said. His first orders: I could not tell anyone about our conversation, not even my spouse, or talk to the police or a lawyer.
Now I know this was all a scam — a cruel and violating one but painfully obvious in retrospect. Here’s what I can’t figure out: Why didn’t I just hang up and call 911? Why didn’t I text my husband, or my brother (a lawyer), or my best friend (also a lawyer), or my parents, or one of the many other people who would have helped me? Why did I hand over all that money — the contents of my savings account, strictly for emergencies — without a bigger fight?
When I’ve told people this story, most of them say the same thing: You don’t seem like the type of person this would happen to. What they mean is that I’m not senile, or hysterical, or a rube. But these stereotypes are actually false. Younger adults — Gen Z, millennials, and Gen X — are 34 percent more likely to report losing money to fraud compared with those over 60, according to a recent report from the Federal Trade Commission. Another study found that well-educated people or those with good jobs were just as vulnerable to scams as everyone else.
Still, how could I have been such easy prey? Scam victims tend to be single, lonely, and economically insecure with low financial literacy. I am none of those things. I’m closer to the opposite. I’m a journalist who had a weekly column in the “Business” section of the New York Times. I’ve written a personal-finance column for this magazine for the past seven years. I interview money experts all the time and take their advice seriously. I’m married and talk to my friends, family, and colleagues every day.
And while this is harder to quantify — how do I even put it? — I’m not someone who loses her head. My mother-in-law has described me as even-keeled; my own mom has called me “maddeningly rational.” I am listed as an emergency contact for several friends — and their kids. I vote, floss, cook, and exercise. In other words, I’m not a person who panics under pressure and falls for a conspiracy involving drug smuggling, money laundering, and CIA officers at my door. Until, suddenly, I was.
That morning — it was October 31 — I dressed my toddler in a pizza costume for Halloween and kissed him good-bye before school. I wrote some work emails. At about 12:30 p.m., my phone buzzed. The caller ID said it was Amazon. I answered. A polite woman with a vague accent told me she was calling from Amazon customer service to check some unusual activity on my account. The call was being recorded for quality assurance. Had I recently spent $8,000 on MacBooks and iPads?
I had not. I checked my Amazon account. My order history showed diapers and groceries, no iPads. The woman, who said her name was Krista, told me the purchases had been made under my business account. “I don’t have a business account,” I said. “Hmm,” she said. “Our system shows that you have two.”
Krista and I concurred that I was the victim of identity theft, and she said she would flag the fraudulent accounts and freeze their activity. She provided me with a case-ID number for future reference and recommended that I check my credit cards. I did, and everything looked normal. I thanked her for her help.
Then Krista explained that Amazon had been having a lot of problems with identity theft and false accounts lately. It had become so pervasive that the company was working with a liaison at the Federal Trade Commission and was referring defrauded customers to him. Could she connect me?
“Um, sure?” I said.
Krista transferred the call to a man who identified himself as Calvin Mitchell. He said he was an investigator with the FTC, gave me his badge number, and had me write down his direct phone line in case I needed to contact him again. He also told me our call was being recorded. He asked me to verify the spelling of my name. Then he read me the last four digits of my Social Security number, my home address, and my date of birth to confirm that they were correct. The fact that he had my Social Security number threw me. I was getting nervous.
To Read More Go to the Original Article Here:
Goldilocks' Comments and Global Economic News Thursday Evening 3-7-24
Goldilocks' Comments and Global Economic News Thursday Evening 3-7-24
Good Evening Dinar Recaps,
Our Global Economy is in process of redefining and recalculating currency values. Specifically, we are undergoing pilot programs to determine regulations on the use and the amount needed to level the playing field in trade among countries.
These are measured in units of account in the banking world. Each unit of account currently has a digital value and a commodity value inside what we are currently calling a tokenized asset going forward.
These new pending prices are what many are calling a Global Currency Reset. This is why new laws have been coming into effect on our new digital economy the last two and almost a half years to solidify real values going forward.
Goldilocks' Comments and Global Economic News Thursday Evening 3-7-24
Good Evening Dinar Recaps,
Our Global Economy is in process of redefining and recalculating currency values. Specifically, we are undergoing pilot programs to determine regulations on the use and the amount needed to level the playing field in trade among countries.
These are measured in units of account in the banking world. Each unit of account currently has a digital value and a commodity value inside what we are currently calling a tokenized asset going forward.
These new pending prices are what many are calling a Global Currency Reset. This is why new laws have been coming into effect on our new digital economy the last two and almost a half years to solidify real values going forward.
Real values are necessary for the new Quantum Financial System to calculate with precision and speeds we have never seen before in history, and not, artificial values controlled and determined by a single country.
This is the year to determine these new values going forward that will affect our Global Economy for generations to come. Finance Magnates
© Goldilocks
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In the future, you will hold "units of account" for the currencies you hold or one single currency. Each of these units of account (currency) will be instilled with values that come from a digital asset.
Are you beginning to see how power will be given back to the people? You will literally be holding a real asset in your hand(s) going forward. You will own gold, and gold belongs to the people.
All roads lead to gold, and gold will set us free.
© Goldilocks
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The dollar is transitioning into a secular Bear Market. Let's watch what happens to Gold.
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"WHY ASSET AND LIABILITY MANAGEMENT SHOULD BE THE NERVE CENTER OF MODERN BANKS"
Current restrictions in credit is beginning to affect Banking liquidity opportunities that creates even less money to the banking system.
Many small Banks are vacant and creating more and more stress on the commercial real estate market. Banks are consolidating, and some are going out of business.
As Banks transition from a client-centered operation to a trading centered operation, it will be a profitable movement of the new digital economy that will bring in more liquidity going forward.
Asset and liability management are quickly becoming the new roles of the banking system.
Asset Management is the acquiring, trading, and maintaining of assets inside a Bank that has potential growth.
Yes, the new digital economy is digitally based and maintained in and through the banking system. Clients will be seen as investors holding assets of potential growth such as digital assets backed by gold and other commodities.
These assets will grow over time and be encouraged to solidify their growth potential through portfolios run by AI and other means.
The world of banking, and the lifestyle shift of our new GLOBAL ECONOMY is and will change the way we live. International Banker
© Goldilocks
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President Putin's Advisor Announcement:
"Russian President Vladimir Putin’s advisor on foreign policy issues said, ‘Work will continue to develop the Contingent Reserve Arrangement, primarily regarding the use of currencies different from the US dollar’"
The BRICS Nations are in process of creating an independent payment system based on digital technologies & blockchain.
Their intentions are to create a trading coin backed by gold. Remember, 70% of (digital) trade is done on the water from country to country. It will provide more strength to currencies who have been utilizing the dollar instead of their own countries' currencies going forward.
This will significantly shift the role of the dollar, as well as, empower Eastern countries gaining strength in their local currencies through these measures. First Post
Watch the water.
© Goldilocks
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China is withdrawing from the US Stock Market by way of US dollar to Yuan trades on Forex. The Yuan will no longer be able to buy US Dollars on Forex.
If you look closely, the Depository Trust Company will be closing these trades on March the 8th, 2024.
Are they about to back their currency by gold? If not, will their gold token become more accessible in the world of trade? Either way, you can expect a major shift like this to have a backup plan.
© Goldilocks
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Essential to keeping the market liquid, broker-dealers can be firms, banks or individual people. And as you may be able to guess from the hyphenated name, they serve two distinct roles.
What Is a Broker-Dealer, and What Do They Do? - SmartAsset
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XRP Escrow: Foundation for XRP’s Transition to Global Reserve Currency, Experts Say | Crypto News Flash
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Instant Payments Regulation Announcement:
The Council of the European Union has, on the 26th of February of this year, adopted a regulation aimed at promoting instant payments within the European Union (EU), in accordance with the Union’s initiative to foster a capital markets union. The Instant Payments Regulation will allow individuals to transfer funds to another EU member state as well as within the same country in just 10 seconds, at any time of day. https://gvzh.mt/insights/new-regulation-on-instant-payments-adopted/
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In November 2000, the SEC adopted Exchange Act Rule 11Ac1-5. Rule 11Ac1-5 is aimed at improving public disclosure of order execution quality.
New SEC Rule 605 (formerly 11Ac1-5) requires FINRA to make available certain order execution information, facilitating the uniform public disclosure of order execution information by all market centers. SEC FINRA
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European Central Bank Holds Interest Rates Steady...Ira’s Morning Flash Video for 3 7 2024 | YouTube
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Arizona Senate considers Bitcoin and other digital asset ETFs for state pension investment | Crypto Briefing
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President Biden will address a Joint Session of Congress at the United States Capitol on Thursday, March 7, 2024 at 9 PM ET. | Whitehouse
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Qatar Central Bank is set to launch its new instant payment service this month as part of its Third Financial Sector strategy. | Fintech Futures
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Repost Reminder:
Take a look at the top listing on Credit Bank of Iraq bank rate inside Iraq. It is important to note that the US dollar conversion rate still remains the same, but it is listed as a currency that can be exchanged with the dinar.
Scroll all the way to the far right of the dinar listing at Credit Bank of Iraq, and you will find that one US dollar still buys 1,300 dinar.
You might want to save this page with the below article link to refer back to when checking currency rates inside Iraq. Credit Bank of Iraq
© Goldilocks
👆No changes yet.
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Thank you Dinar Recaps
Iraqi Dinar Today Video Updates Thursday Afternoon 3-7-24
Iraqi Dinar Today Video Updates Thursday Afternoon 3-7-24
Central Bank of IRAQ & PM AL-Sudani Currency Revaluation Done – 3:02
Its Massive ,Dinar Reinstated Surprised New Rate – 3:32
Its Huge Great Update News About Dinar Revaluation – 3:07
Iraqi Dinar Today Video Updates Thursday Afternoon 3-7-24
Central Bank of IRAQ & PM AL-Sudani Currency Revaluation Done – 3:02
Its Massive ,Dinar Reinstated Surprised New Rate – 3:32
Its Huge Great Update News About Dinar Revaluation – 3:07
Central Bank of IRAQ & PM AL-Sudani Currency Revaluation Done – 3:02
Its Massive ,Dinar Reinstated Surprised New Rate – 3:32
Its Huge Great Update News About Dinar Revaluation – 3:07
Iraq Economic News and Points to Ponder Thursday Evening 3-7-24
Iraq Economic News and Points to Ponder Thursday Evening 3-7-24
Tlm724 Administrator Bondlady’s Corner
Exposing The Reasons For The Failure Of Electronic Transformation In Financial Transactions
Information/Private.. Today, Sunday, the economic expert, Safwan Qusay, revealed the reasons for not applying the electronic system in financial transactions,
while confirming that the Central Bank has concluded many contracts with international companies to automate financial transactions.
Qusay said in an interview with Al-Ma’louma Agency, “K2 Company is working to coordinate with all local banks in order to implement the electronic system gradually,” noting that “according to the cumbersome procedures, it is still too early to talk about fully implementing the electronic system.”
He continued, "The file requires the application of modern technical procedures in all institutions and places where the electronic financial system is implemented," pointing out that "the Central Bank has concluded many contracts with international companies to automate financial transactions."
Iraq Economic News and Points to Ponder Thursday Evening 3-7-24
Tlm724 Administrator Bondlady’s Corner
Exposing The Reasons For The Failure Of Electronic Transformation In Financial Transactions
Information/Private.. Today, Sunday, the economic expert, Safwan Qusay, revealed the reasons for not applying the electronic system in financial transactions,
while confirming that the Central Bank has concluded many contracts with international companies to automate financial transactions.
Qusay said in an interview with Al-Ma’louma Agency, “K2 Company is working to coordinate with all local banks in order to implement the electronic system gradually,” noting that “according to the cumbersome procedures, it is still too early to talk about fully implementing the electronic system.”
He continued, "The file requires the application of modern technical procedures in all institutions and places where the electronic financial system is implemented," pointing out that "the Central Bank has concluded many contracts with international companies to automate financial transactions."
He added, "The process of fully disseminating electronic culture to individuals and companies requires a long time to implement all the points on the ground," noting that "the Central Bank continues to implement the steps of the electronic transformation program in financial transactions in general."
The Council of Ministers for the Economy had confirmed the activation of the electronic payment service, as the decision stipulated that the system enjoys a high level of protection and security, reduces time and effort, and contributes to stimulating the movement of the economy, facilitating the procedures for granting a license to collect bank cards, and exempting all electronic payment transactions (POS) from... Taxes. Ended 25/J https://almaalomah.me/news/57788/economy/كشف-أسباب-تعثر-التحول-الإلكتروني-بالتعاملات-المالية
Accurate Government Detail On Three Benefits Of "ASYCUDA" In Iraq
Time: 03/07/2024 17:50:32 Read: 988 times {Economic: Al-Furat News} The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, announced today, Thursday, three benefits of activating the “ASYCUDA” system in Iraq.
Saleh said {to Al-Furat News} that: “The ASYCUDA system will undoubtedly provide our country with three benefits. The first is reducing evasion of customs and tax duties. This is due to the availability of the ability and accuracy to know the details of imported materials and their conformity with the certificate of origin and purchase invoices, which maximizes public revenues, specifically customs revenues or so-called taxes.” indirect".
He added, "As for the second, it will lead to the availability of detailed information about the import content through the accuracy of the digital system in tracking and detection, which provides the required basic elements of qualitative and commodity control and avoiding the entry of prohibited goods into our country. The third is to limit human interference in the processes of control, evaluation, demarcation, and the consequences." It sometimes includes violations that contradict the legal system between the parties to the relationship.”
Saleh continued, "It also provides the digital system with a detailed statistical information base on our country's foreign trade in terms of quantity and quality with greater accuracy, in addition to providing speed in completing customs transactions and collecting fees after making estimates through the applications of the ESCODA system, which will reduce the costs of commercial transactions and reflect positively." To stabilize the value of goods and merchandise in our country’s markets.”
He added, "The staff of the General Authority for Customs and Border Ports have been qualified to operate the ASYCUDA system and the relevant annexed digital system in preparation for the automation of customs and border ports for all our countries." LINK
The Rate Of Inward Investments Into Iraq Increased By 60% Within 3 Years
March 2 12:05 Information/Baghdad Representative and member of the Parliamentary Services Committee, Baqir Al-Saadi, confirmed on Saturday that the rate of incoming investments into Iraq has increased by 60% over the past three years. Al-Saadi told Al-Maalouma,
“There are reasons that create successful investments, most notably security and political stability, and the provision of attractive opportunities for capital with flexibility in dealing with procedures,” pointing out that “Iraq represents an important opportunity for many Arab and foreign investors.”
He added, “The rate Incoming investments, Arab or foreign, have increased by 60% in the past three years, amounting to hundreds of millions of dollars, especially in the housing sector.
He stressed the government’s efforts to “create pioneering investment contracts with the start of laying the foundation stone for the construction of several new cities.” He pointed out that “investments It leads to economic recovery and the provision of job opportunities, noting that "in the coming months, investments will be at higher levels with the start of implementation of the first phase of the strategic development path."
Several governorates witnessed an influx of Arab and foreign investments in various sectors, most notably housing, medicine, and industry.
Stability Of Dollar Exchange Rates In Local Markets
Economy | 03/07/2024 Mawazine News – Baghdad The exchange rates of the dollar against the dinar recorded stability today, Thursday, in the local markets in the capital, Baghdad,
and the central Kifah and Harithiya stock exchanges recorded an exchange rate of 151,500 Iraqi dinars against 100 US dollars.
Dollar exchange rates in banking shops and local markets, where the selling price reached 152,500 dinars, while the purchasing price reached 150,500 dinars for every 100 dollars.
https://www.mawazin.net/Details.aspx?jimare=243377
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Provoking Points to Ponder on Decisions
There comes a time when you've got to say, "Let's get off our *****and go ..." I have always found that if I move with 75 percent or more of the facts I usually never regret it. It's the guys who wait to have everything perfect that drive you crazy. - Lee Iacocca
Conditions are never just right. People who delay action until all factors are favorable do nothing. - William Feather
Common sense does not ask an impossible chessboard, but takes the one before it and plays the game. - Wendell Phillips
He who postpones the hour of living is like the rustic who waits for the river to run out before he crosses. - Horace
If you wait for inspiration you'll be standing on the corner after the parade is a mile down the street. - Ben Nicholas
Nothing at all will be attempted if all possible objections must first be overcome. - Samuel Johnson
http://famousquotesandauthors.com/quotes_by_topic.html
http://famousquotesandauthors.com/topics/decisions_quotes.html
I Lost $11,300 to Identity Fraud
I lost $11,300 to identity fraud
What I learned: Usual safeguards don’t work.
Janna Herron·Senior Columnist Sat, Mar 2, 2024,
"Looks like someone is trying to take more than $10,000 from us."
That's the message my husband typed to me on a Monday morning in October. By the time I wrote back, he was on the phone with our bank. The weekend before, someone walked into a bank branch, pretended to be one of us, and took thousands of dollars from our checking account.
We joined the tens of millions of Americans who each year are victims of identity fraud, where criminals steal a bank or credit card number and use the personal information to achieve illegal financial gain.
We were lucky in so many ways, most notably that our bank reimbursed our losses within 36 hours.
What we learned is this: The many steps we take to safeguard our personal data don’t always work.
Experts suggest creating strong passwords with extra layers of authentication, changing them often, and not using the same one on multiple accounts.
Having text alerts on your credit and debit cards for all transactions can also thwart illegal activity in real time, as can email alerts when someone tries to change an email or address associated with your account.
I lost $11,300 to identity fraud.
What I learned: Usual safeguards don’t work.
Janna Herron·Senior Columnist Sat, Mar 2, 2024,
"Looks like someone is trying to take more than $10,000 from us."
That's the message my husband typed to me on a Monday morning in October. By the time I wrote back, he was on the phone with our bank. The weekend before, someone walked into a bank branch, pretended to be one of us, and took thousands of dollars from our checking account.
We joined the tens of millions of Americans who each year are victims of identity fraud, where criminals steal a bank or credit card number and use the personal information to achieve illegal financial gain.
We were lucky in so many ways, most notably that our bank reimbursed our losses within 36 hours.
What we learned is this: The many steps we take to safeguard our personal data don’t always work.
Experts suggest creating strong passwords with extra layers of authentication, changing them often, and not using the same one on multiple accounts.
Having text alerts on your credit and debit cards for all transactions can also thwart illegal activity in real time, as can email alerts when someone tries to change an email or address associated with your account.
You should do all these — and we did — but they wouldn't have prevented the fraud we experienced. Our data was already out there for the picking.
Hacks that expose the personal financial information of Americans soared to a record high of 3,205 in 2023, according to the nonprofit Identity Theft Resource Center. That total includes breaches of companies across many industries such as healthcare, utilities, financial services, and transportation.
A well-known example of this was the massive Equifax data breach in 2017 that affected 147 million Americans — including us. That motivated us to freeze our credit reports at Equifax, Experian, and TransUnion.
“At this point, all of our information is out on the dark web," Suzanne Sando, senior analyst for fraud and security at Javelin Strategy & Research, told me. "It's now just a matter of when is it going to be used against me."
'Huge time suck'Here’s what else we learned: Knowing how to respond to one of these frauds after they happen is also crucial — and time consuming.
Because of my past reporting on this subject, I knew we needed to act quickly. We checked our other accounts — bank, credit, and retirement — for any suspicious activity. There was none. We then met up at our local bank branch to shut down the old account, establish another, and identify which upcoming transactions to allow to go through.
It took more than two hours, and we weren’t close to done. "Fixing a run-in with identity fraud, it's a huge time suck," Sando said, "and people don't necessarily have the time to do it."
My husband fortunately was able to take the day off and spent the afternoon undoing automatic transactions from the old account and rerouting them to the new one. I also took off the day from work and headed to our local police precinct to file a report to provide to other financial institutions if the fraud followed us elsewhere.
Our local precinct took our report immediately. That’s not often the case for identity theft, according to Identity Theft Resource Center CEO Eva Velasquez, because it’s so hard to solve these cases.
Several factors worked in our favor, she said. In New York, the total amount stolen — which ended up being $11,300 — made the crime a Class D felony, which includes thefts of more than $3,000 but less than $50,000.
The bank also gave me copies of the withdrawal slips, which became critical evidence. The criminal made the withdrawals under my maiden name, albeit misspelled on each slip. It’s a name that hadn't appeared on my checking account for well over a decade.
To Read More Go to the Original Article Here:
"We're All In This Together" by Dr. Dinar
From Recaps Archives………
We're All In This Together by Dr. Dinar
So, here we are, new Month of a new year…….And we're still broke and waiting.
How can that be. It makes absolutely no sense whatsoever.
For those of you that have been around for a good number of years I'm sure you'll remember the feeling of praying that your IQD order would arrive in time.
After all, we only had a couple few short days before the RV was gonna "pop" and you'd hate to miss out on such a "once in a lifetime, too good to be true" event simply because the Fed Ex driver threw your package on the wrong porch.
From Recaps Archives………
We're All In This Together by Dr. Dinar
So, here we are, new Month of a new year…….And we're still broke and waiting.
How can that be. It makes absolutely no sense whatsoever.
For those of you that have been around for a good number of years I'm sure you'll remember the feeling of praying that your IQD order would arrive in time.
After all, we only had a couple few short days before the RV was gonna "pop" and you'd hate to miss out on such a "once in a lifetime, too good to be true" event simply because the Fed Ex driver threw your package on the wrong porch.
Even worse, some of the rumors floating around back then painted a horrifying picture of a convoy of Fed Ex drivers pullin' a mutiny, driving their trucks overflowing with dinar deliveries straight down the Overseas Highway to Key West, grabbin' hold of their Pirate's Booty shortly before scramblin' aboard a fast boat to the Bahamas, never to be seen nor heard from again.
Fortunately for all of us, that super scary scenario never materialized.
Just as the "this RV is gonna pop in the next two weeks" rumor window never came true. Just another rumor.
Was this our formal introduction to the RV Rumormill? Looking back, as it turns out I guess you could say it was.
Did we recognize it at the time? Nope. We just thought it was someone's way too overactive imagination, once again, running away with them. Or with our IQD as it were.
Which, for the most apart, was easily understandable.
I mean, there we were. A bunch of regular everyday folks from all walks of life, perhaps 1% of us at most having any prior experience dealing with foreign currency at any level, expecting to turn a thousand dollars into millions.
Talk about insane, we were pretty much the default Poster Children for insanity.
In fact, back then I'll bet you could check the internet for the definition of the word lunatic and chances are you'd see a photo of a typical Dinarian.
Or as we were so affectionately known to the higher-ups back then, a Toothless Crackhead.
Sure, you could say we were totally gullible but we couldn't avoid being lured in by people that claimed to know someone high up that we didn't know nor had any hopes of knowing.
Someone that supposedly knew someone who really knew something secret about something we'd never know anything about.
But it's not like we were waiting outside a Casino in Reno, hoping to get invited in to join an exclusively elusive Group. Now THAT would be insane.
Okay, so yeah, we were pretty much fish in a barrel, waiting for the gun to go off.
Add to that most of us being completely surrounded by a sea of naysaying Wives, Brother in Law's, Cousins, Barbers, Gardeners, Hairdressers, Baristas, you name it, all of them thinking we should be locked up in a nearby random Rubber Room because we'd obviously lost our minds.
Therefore it was easily understandable that an inmate or two had flown the Cuckoo's Nest and somehow managed to get such an unbelievable rumor bouncing around in Dinarland.
However, what we didn't know was just how prevalent the rumors would come to be.
Not to mention each one out to outdo the current level of insanity, taking the extreme to new and never before seen heights.
In the beginning it was all Iraq, all the time. And so you'd think they'd eventually run out of "stuff" to blab about. But oh how wrong you'd be in thinking such a thing.
From Maliki's relentlessly moronic monkey business to Talibani's having a heart attack and being flown to Germany one day, only to be spotted playing a quick 18 holes with Allawi, Barzani and Shabibi at Baghdad Country Club the next day, it was easy to see there was nowhere these Rumorians were afraid to tread.
Nothing was off limits for them. After all, they had a ready-made audience starving for camel crumbs, ready, willing, and able to devour what few nuggets came floating their way.
Again, easily understandable because for the majority of us Iraq was like the lost city of Atlantis.
A place we'd all heard of, hoping it existed, but for 98% of us a place that only existed on our computer monitors and TV screens.
What we did have was hope. Faith. Believing that as ridiculous as some of the rumors were, we still had to believe that Iraq was real.
Therefore the RV was real as well.
And based on our research (since we had plenty of time to do lots of research), Iraq was indeed real.
Even if most of the "stories" emanating from the Green Zone weren't.
As time went on, the GCR digging in and getting some traction, they continually turned up the rumor wick, creating some of the most "off the wall" rumors you can imagine.
It was almost as if they'd hired a team of Hollywood screenwriters (which, come to think of it, was another rumor floating around at the time) to constantly keep the World of Confusium well fed.
With each new Country and currency added to the "baskets", along came a fresh supply of hopium to keep all of Dinarleand overflowing with insanity.
Just when you thought it couldn't get any crazier, there was an Alien Clone Prepper wearing a gold tie holding a fringeless New Republic flag waiting just around the next corner, anxious to prove you wrong.
That has been the one constant in all of this. The constant rumors.
We've always been told that as we near the end of this journey we'd see a decrease in the amount of currency available for purchase.
We'll never really know if that's true or not. And to be honest, it would take an awful lot for me to believe it anyway.
But one thing we'll never see is any decrease in the creative minds constantly conjuring up more rumors for us to run on.
Why would they stop. It's the fool... oops, I mean "fuel" of Dinarland.
Continually keeping everyone looking over here, while the real going's-on will always remain over there.
Behind the curtain, never to be known by us regular folks.
And if it's in the news, it's only because it's either already happened or it's what they want you to believe is happening.
Nothing whatsoever to do with what we want to know.
Regardless of who or what you believe, as crazy as it may seem, at the end of the day the one "dependable" we can all depend on is our belief in the RV/GCR scenario and its eventually fruitful outcome.
While we may not know the rate or date, nor the "how" it's all going to play out, one thing we do know is that there's someone else out there that shares our thoughts and beliefs, as well as our perseverance. Which is huge.
And they're willing to go the distance, just as we are.
Isn't it somehow strangely comforting to know there's another 5 million or so people in the world heading in the same direction, equally as insane as you are.
It is for me, that's for sure.
I'd hate to think I'm gonna be alone in that Rubber Room.
Hang in there folks, we're all in this together and we're almost there.
Sincerely,
Dr. Dinar
Disclaimer; I'm not a Wealth Manager, Financial Advisor, CPA, Tax Attorney, RV/GCR Committee member, nor am I a time traveler from the Twilight Zone. I'm simply someone that chooses to believe in the power of positive thinking and on the odd chance this thing truly is real, I want to make sure I'm there at the finish line to enjoy it.
Economist's "News and Views" Thursday 3-7-2024
China’s Economic RESET Begins, Argentina Faces Bond Collapse, BRICS Challenges The US Dollar
Sean Foo: 3-6-2024
China just declared their GDP target for 2024 and the West is losing their minds.
Here's why China's plan for economic growth is all about building their industrial base and why many investors are still upset.
Argentina on the other hand is facing the risk of a bond collapse, their plan to sell more debt is starting to backfire.
And BRICS just came out with a new challenge to the US dollar and it's tied to the blockchain.
Timestamps & Chapters:
China’s Economic RESET Begins, Argentina Faces Bond Collapse, BRICS Challenges The US Dollar
Sean Foo: 3-6-2024
China just declared their GDP target for 2024 and the West is losing their minds.
Here's why China's plan for economic growth is all about building their industrial base and why many investors are still upset.
Argentina on the other hand is facing the risk of a bond collapse, their plan to sell more debt is starting to backfire.
And BRICS just came out with a new challenge to the US dollar and it's tied to the blockchain.
Timestamps & Chapters:
0:00 China's Big Economic Meeting
2:48 China Massive Stimulus
5:53 Argentina's Big Bond Crisis
9:29 BRICS New Payments System
12:37 Global Order Is Changing
In 4 Days EVERYTHING changes for the U.S. Dollar, Putin and China are Ready
Atlantis Report: 3-7-2024
The U.S. dollar is facing a major challenge that could undermine its status as the world's reserve currency and the dominant medium of exchange in the global economy.
The next 15 days hold profound implications for the future of the U.S. dollar and the broader landscape of global finance.
It also coincides with the end of the Bank Term Funding Program, which could lead to additional financial instability, and Russia and China are making moves that could worsen things.
LIVE!! More Proof! The US/WORLD ECONOMIC FREEFALL - COLLAPSE IS PICKING UP SPEED.
Greg Mannarino: 3-7-2024
Currency Insider Iraqi Dinar - Dong Updates Thursday Afternoon 3-7-24
Currency Insider Iraqi Dinar - Dong Updates Thursday Afternoon 3-7-24
Iraqi Dinar Something Happening Big – 2:48
Vietnam Dong vs USD Rate Update Today – 1:12
Currency Insider Iraqi Dinar - Dong Updates Thursday Afternoon 3-7-24
Iraqi Dinar Something Happening Big – 2:48
Vietnam Dong vs USD Rate Update Today – 1:12
Iraqi Dinar Something Happening Big – 2:48
Vietnam Dong vs USD Rate Update Today – 1:12
Iraq Economic News and Points to Ponder Thursday Afternoon 3-7-24
Iraq Economic News and Points to Ponder Thursday Afternoon 3-7-24
Tlm724 Administrator Bondlady’s Corner
Government Efforts To Ease US Sanctions On Banks
Economy | 03/07/2024 Mawazine News - Baghdad, an expert in financial affairs, Mahmoud Dagher, confirmed that the Iraqi government and the Central Bank are dissatisfied with the nature of the US Treasury’s dealings with Iraqi banks, pointing out that there is an effort to lift the sanctions in light of a difficult political framework and a more difficult regional atmosphere.
Dagher said in a televised interview followed by Mawazine News, “The current government administration and the Central Bank are dissatisfied with the nature of the Treasury’s dealings with Iraqi banks and are making an effort within a difficult political framework and a more difficult regional atmosphere,” noting that the Iraqi ambassador in Washington visited the US Treasury and there is work to resolve or Reducing the severity of sanctions.
Regarding the public sector’s control over projects, Dagher stated, “The largest government bank possesses a capital of 130 billion dinars and controls all state deposits, while the smallest bank in the private sector possesses a capital of 300 billion dinars in light of a clear government restriction on the expansion of the sector’s work.” private".
Iraq Economic News and Points to Ponder Thursday Afternoon 3-7-24
Tlm724 Administrator Bondlady’s Corner
Government Efforts To Ease US Sanctions On Banks
Economy | 03/07/2024 Mawazine News - Baghdad, an expert in financial affairs, Mahmoud Dagher, confirmed that the Iraqi government and the Central Bank are dissatisfied with the nature of the US Treasury’s dealings with Iraqi banks, pointing out that there is an effort to lift the sanctions in light of a difficult political framework and a more difficult regional atmosphere.
Dagher said in a televised interview followed by Mawazine News, “The current government administration and the Central Bank are dissatisfied with the nature of the Treasury’s dealings with Iraqi banks and are making an effort within a difficult political framework and a more difficult regional atmosphere,” noting that the Iraqi ambassador in Washington visited the US Treasury and there is work to resolve or Reducing the severity of sanctions.
Regarding the public sector’s control over projects, Dagher stated, “The largest government bank possesses a capital of 130 billion dinars and controls all state deposits, while the smallest bank in the private sector possesses a capital of 300 billion dinars in light of a clear government restriction on the expansion of the sector’s work.” private".
The financial expert described the expansion of the public sector as “ownership, not performance,” noting that “the reason is due to the Ministry of Finance’s monopoly on the labor and investment market in the country.”
Dagher stated, “The public sector needs a sovereign fund, not a fund within the budget.”
https://www.mawazin.net/Details.aspx?jimare=243415
An Analytical Vision Of The International Monetary Fund Regarding The Government And Central Bank’s Actions To Recover The Iraqi Economy
Samir Al-Nusairi In light of the assessment by the experts of the International Monetary Fund mission of the measures taken by the government and the Central Bank, which contributed to preserving the transition of the Iraqi economy from a state of fragility to a gradual recovery during the second half of 2023, as it became clear that “growth in the non-oil sector rose strongly in the year 2023 by 6%.” % of the gross domestic product, with inflation declining to 4% after it was 7.5% at the beginning of the year.
This comes due to the Central Bank’s measures to control the general level of prices and reduce inflation, which is the most prominent monetary policy task that has been achieved, which is the lowest inflation rates achieved for the year 2023 in regional and Arab countries.
It was achieved due to the efforts made in organizing the financing of foreign trade and cooperation with the government in securing basic foodstuffs and providing... Ration card materials at subsidized prices.
The occurrence of these developments is due to the stability of the foreign exchange market and the safety and transparency of 95% of foreign transfers to traders and importers via the electronic platform and at the official rate, in addition to opening direct dealings with up to 30 foreign and Arab correspondent banks and opening dealings in the local currencies of countries with which Iraq has important trade exchanges, such as China, Turkey and the Emirates. And India.
After some interruptions following the implementation of new anti-money laundering and counter-terrorism financing controls on cross-border payments in November 2022, improved compliance with the new system and CBI initiatives to reduce transaction processing times led to a recovery in trade finance in the second half of 2023.
The IMF welcomed "the initial steps taken towards establishing the Treasury Single Account (TSA), which is a critical tool for improving cash liquidity management." It is necessary to point out here the “efforts made by the Central Bank aimed at getting rid of surplus liquidity.
The Central Bank increased the interest rate on monetary policy tools and raised mandatory reserve requirements. It also began issuing treasury bills with a maturity of 14 days last summer.”
Therefore, the Fund called for supporting the existing efforts of the Central Bank by consolidating unused government deposits in the unified treasury account, refraining from pro-cyclical financial policy, reducing dependence on monetary financing, and improving public debt management, and from an insightful view of the International Monetary Fund, it confirms
However, the steps taken by the government and the Central Bank to accelerate the digital transformation of the economy, reduce dependence on cash and enhance financial inclusion, which supports the plans to launch a financial inclusion strategy.
Official statistics indicate that 558 government agencies deployed electronic payment tools in 2023, compared to 12 government agencies in 2022. The number of employee salary localization cards reached 8,653,000 cards, the number of issued cards was 17,822,310 cards, and the value of the use of electronic payment tools in 2023 amounted to approximately 12 million dollars through 32,842 transactions. 202 views 03/07/2024 - https://economy-news.net/content.php?id=41207
The Iraq Stock Exchange Announces Weekly Trading Indicators
Money and business Economy News – Baghdad Today, Thursday, the Iraq Stock Exchange announced the weekly trading indicators.
“The Iraqi Stock Exchange organized five trading sessions during the first week of March 2024, from Sunday (March 3) to Thursday (March 7),” a statement received by “Talta News” said.
The statement added: “The following indicators were achieved during this week:
1. The number of shares traded during this week reached more than 18 billion shares.
2. The value of shares traded this week amounted to more than 15 billion dinars.
3. The market trading index closed for the first session of the week at (925.04) points, while the index closed at the end of the week at (933.85) points, achieving an increase of (0.94%) from its close at the first session.
4. During the week (3769) purchase and sale contracts were executed on the shares of companies listed in the market.” Views 55 03/07/2024 - https://economy-news.net/content.php?id=41224
A Slight Increase In Oil Prices Due To A Smaller-Than-Expected Increase In US Crude Inventories
Thursday 07, March 2024 09:06 | Economical Number of readings: 351
Baghdad / NINA / Oil prices rose about 1% due to a smaller-than-expected increase in US crude inventories and a decrease in distillate and gasoline inventories.
Brent crude futures rose 92 cents, or 1.1%, to $82.96 per barrel upon settlement, bringing Brent rose for the first time in five days.
US West Texas Intermediate crude futures also increased 98 cents, or 1.3%, to $79.13 per barrel.
The US Energy Information Administration said that crude inventories rose by 1.4 million barrels to 448.5 million in the week ending March 1, compared to analysts’ expectations in a Reuters poll for an increase of 2.1 million.
She indicated that gasoline stocks decreased by 4.5 million barrels to 239.7 million, compared to analysts’ expectations of a decrease of 1.6 million./ End
https://ninanews.com/Website/News/Details?key=1111636
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Provoking Points to Ponder on Decisions
The moment a question comes to your mind, see yourself mentally taking hold of it and disposing of it. In that moment... you learn to become the decider and not the vacillator. Thus you build character. - H. Van Anderson
So what do we do? Anything. Something. So long as we just don't sit there. If we screw it up, start over. Try something else. If we wait until we've satisfied all the uncertainties, it may be too late. - Lee Iacocca
Often greater risk is involved in postponement than in making a wrong decision. - Harry A. Hopf
Some persons are very decisive when it comes to avoiding decisions. - Brendan Francis
Do not wait for ideal circumstances, nor the best opportunities; they will never come. - Janet Erskine Stuart
http://famousquotesandauthors.com/quotes_by_topic.html
http://famousquotesandauthors.com/topics/decisions_quotes.html
More News, Rumors and Opinions Thursday Afternoon 3-7-2024
KTFA:
Clare: George Bush greets Masoud Barzani and wishes the people of Kurdistan and Iraq well-being
3/7/2024
On Wednesday, former US President George W. Bush sent a special greeting to the Kurdish leader, Masoud Barzani, while wishing the people of the Kurdistan Region and Iraq in general happiness and prosperity.
A statement issued by the Kurdistan Regional Government, received by Shafaq News Agency, said, "Prime Minister Masrour Barzani, as part of his visit to the United States, met with former US President George W. Bush."
During the meeting, Barzani expressed his thanks and appreciation to President Bush for his support for the people of the Kurdistan Region and Iraq, as well as the liberation of Iraq from the dictatorial regime, and his support for the democratic system in the country.
KTFA:
Clare: George Bush greets Masoud Barzani and wishes the people of Kurdistan and Iraq well-being
3/7/2024
On Wednesday, former US President George W. Bush sent a special greeting to the Kurdish leader, Masoud Barzani, while wishing the people of the Kurdistan Region and Iraq in general happiness and prosperity.
A statement issued by the Kurdistan Regional Government, received by Shafaq News Agency, said, "Prime Minister Masrour Barzani, as part of his visit to the United States, met with former US President George W. Bush."
During the meeting, Barzani expressed his thanks and appreciation to President Bush for his support for the people of the Kurdistan Region and Iraq, as well as the liberation of Iraq from the dictatorial regime, and his support for the democratic system in the country.
For his part, President Bush sent his special greetings to President Masoud Barzani, and also expressed his wishes for contentment and prosperity to the people of Kurdistan and all the citizens of Iraq. LINK
Rodman: when is Iraq supposed to be in the WTO
Paulette: IMO......Not before they pass needed legislation, eliminate the MCP and are recognized as having accepted IMF Article 8 obligations. Accession Committee next meeting with Iraq is planned for the "middle of the year"
~~~~~~~~~~~~
Clare: ALL REQUIREMENTS HAVE BEEN MET FOR THE WTO ACCESSION... IT CAN HAPPEN ANY TIME, DON'T LET THEM FOOL YOU IMO.
FINAL ARTICLE #3880
Frank26: " 'IT'S COMING'... BUT IT WAITS FOR THE NEW EXCHANGE RATE"............F26
Official: The issue of Iraq’s accession to the World Trade Organization is coming soon
Undersecretary of the Minister of Commerce, Sattar Al-Jabri, considered on Tuesday that the issue of Iraq’s accession to the World Trade Organization was imminent, while he stressed that the current federal government would achieve self-sufficiency and not depend on the importer.
########
FINAL ARTICLE #3854
Frank26: "WTO COMPLETE & AFFIRMED"...............F26
Iraq completes requirements to join WTO
2/28/2024
The Iraqi Minister of Trade, Atheer Al-Ghurairi, affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate.
Al-Ghurairi told the Emirates News Agency (WAM) that Baghdad finalized issues related to goods and services in accordance with the deadlines set for integration into the international trade system.
************
Frank26: "THERE'S ONLY ONE REASON."...........F26
Revealing the reasons for the delay in the arrival of amendments to the budget schedules to Parliament
3/5/2024
Baghdad..
Deputy Chairman of the Parliamentary Planning Committee, Muhammad Al-Baldawi, revealed, on Tuesday, the real reasons behind the government’s delay in sending amendments to the current year’s budget schedules to the House of Representatives for the purpose of approval.
Al-Baldawi told Al-Maalouma,
“The delay in sending amendments to the 2024 budget schedules to Parliament is due to several reasons, including the ministries not completing their plans regarding the lagging projects, as the government is working to close this file, as well as the difference in prices and currency values.” (THIS IS THE REASON, NOTHING ELSE -F26)
He added, “Among those reasons relates to the schedules and amounts allocated to the Kurdistan region of Iraq, especially after the recent decisions issued by the Federal Court, which obligated the government to do so.”
He pointed out that “most of these reasons and obstacles have been overcome by the government and will be sent to Parliament very soon.” LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 You have the 25,000 dinar note. You don't take a pair of scissors and cut out the three zeros. A lot of you think that. No...The official exchange rate... .00085971 . You don't go around thinking to yourself they're going to take a pair of scissors and they're going to cut the physical dinar. No. No. No. What they're going to do is take the exchange rate...put the decimal point there so the exchange rate then would be about .86 cents [rounded off]... What does that mean? If you have 1 dinar you have $0.86 cents when they lift the 3 zeros from the exchange rate...It's a reinstatement...back the way it was.
Militia Man Article "The dinar and the dollar" Remember Al Sudani told everyone that the Iraq dinar will return to its lofty economic value because the dinar is stronger than the dollar. There are things that are coming back up. This is Muhammad Rasheed, he's talking about the national currency...the dinar. He's stating that the economic world is witnessing a qualitative boom in awareness. A lot of people around the world are figuring this out and very soon it will overthrow the dollar. So the dinar is going to be stronger. Al-Sudani told us that...This guy Muhammad Rasheed is holding his feet to the fire...
BRICS Reveals Its Next Move Iraqi President Makes Statement
Edu Matrix: 3-6-2024
BRICS Reveals Its Next Move: Iraqi President Makes Statement - BRICS is going digital currency - Iraq's president makes a statement about Iraqi people in a meeting with a UN Special Representative. BRICS sends notice to G20 of the organization's top priorities.
BRICS Announce Blockchain Currency (Now Is THE TIME To Stack Silver)
Smart Silver Stacker: 3-7-2024
BRICS nations have announced a new blockchain currency to rival the dollar. Gold is surging, and silver isn't far behind.
"Tidbits From TNT" Thursday 3-7-2024
TNT:
Tishwash: Parliamentary law requires consensus before legislating the oil and gas law
Today, Thursday, the head of the Parliamentary Legal Committee, Mortada Al-Saadi, stipulated consensus between the political blocs before legislating the oil and gas law.
Al-Saadi said in an interview with the Maalouma Agency, “The oil and gas law cannot pass without a political agreement,” noting, “There are many laws that need political agreement, most notably the oil and gas law.”
He added, "The law is a sensitive law that requires deep study and discussion, and cannot be passed without a political agreement." link
TNT:
Tishwash: Parliamentary law requires consensus before legislating the oil and gas law
Today, Thursday, the head of the Parliamentary Legal Committee, Mortada Al-Saadi, stipulated consensus between the political blocs before legislating the oil and gas law.
Al-Saadi said in an interview with the Maalouma Agency, “The oil and gas law cannot pass without a political agreement,” noting, “There are many laws that need political agreement, most notably the oil and gas law.”
He added, "The law is a sensitive law that requires deep study and discussion, and cannot be passed without a political agreement." link
Tishwash: Including Iraq... 5 Arab countries possess more than a thousand tons of gold reserves
The World Gold Council announced on Thursday that five Arab countries, including Iraq, own more than a thousand tons of global gold reserves.
The council said in its latest schedule for the month of March, seen by Shafaq News Agency, that “the first five countries (Saudi Arabia, Lebanon, Algeria, Iraq, and Egypt) possessed 1,47.3 tons, while the rest of the countries possessed (Libya, Kuwait, the Emirates, Jordan, Morocco, and Bahrain).” 489.5 tons.
He added, "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 142.6 tons, which represents 8.4% of the rest of its other reserves."
The Council also pointed out that “the United States of America sits on the throne of the rest of the countries with the largest possession of gold in the world at 8,133.5 thousand tons, followed by Germany with 3,352.6 thousand tons, then Italy came with 2,451.8 thousand tons, while Bosnia and Herzegovina came at the bottom with 1.5 thousand tons.” A thousand tons.
It is noteworthy that the World Gold Council is based in the United Kingdom, and has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world. link
****************
Tishwash: An analytical view of the International Monetary Fund regarding the government and central bank’s actions to recover the Iraqi economy
In light of the assessment by the experts of the International Monetary Fund mission of the measures taken by the government and the Central Bank, which contributed to preserving the transition of the Iraqi economy from a state of fragility to a gradual recovery during the second half of 2023, as it became clear that “growth in the non-oil sector rose strongly in the year 2023 by 6%.” % of the gross domestic product, with inflation declining to 4% after it was 7.5% at the beginning of the year.
This comes due to the Central Bank’s measures to control the general level of prices and reduce inflation, which is the most prominent monetary policy task that has been achieved, which is the lowest inflation rates achieved for the year 2023 in regional and Arab countries. It was achieved due to the efforts made in organizing the financing of foreign trade and cooperation with the government in securing basic foodstuffs and providing... Ration card materials at subsidized prices.
The occurrence of these developments is due to the stability of the foreign exchange market and the safety and transparency of 95% of foreign transfers to traders and importers via the electronic platform and at the official rate, in addition to opening direct dealings with up to 30 foreign and Arab correspondent banks and opening dealings in the local currencies of countries with which Iraq has important trade exchanges, such as China, Turkey and the Emirates. And India.
After some interruptions following the implementation of new anti-money laundering and counter-terrorism financing controls on cross-border payments in November 2022, improved compliance with the new system and CBI initiatives to reduce transaction processing times led to a recovery in trade finance in the second half of 2023. .
The IMF welcomed "the initial steps taken towards establishing the Treasury Single Account (TSA), which is a critical tool for improving cash liquidity management." It is necessary to point out here the “efforts made by the Central Bank aimed at getting rid of surplus liquidity. The Central Bank increased the interest rate on monetary policy tools and raised mandatory reserve requirements. It also began issuing treasury bills with a maturity of 14 days last summer.”
Therefore, the Fund called for supporting the existing efforts of the Central Bank by consolidating unused government deposits in the unified treasury account, refraining from pro-cyclical financial policy, reducing dependence on monetary financing, and improving public debt management, and from an insightful view of the International Monetary Fund, it confirms However, the steps taken by the government and the Central Bank to accelerate the digital transformation of the economy, reduce dependence on cash and enhance financial inclusion, which supports the plans to launch a financial inclusion strategy.
Official statistics indicate that 558 government agencies deployed electronic payment tools in 2023, compared to 12 government agencies in 2022. The number of employee salary localization cards reached 8,653,000 cards, the number of issued cards was 17,822,310 cards, and the value of the use of electronic payment tools in 2023 amounted to approximately 12 million dollars through 32,842 transactions link
Mot: Mot: .. Did Ur Mum Ever Say!! ~~~~~~
Mot: . If You Were Ever a ~~~~~~
