“Tidbits From TNT” Friday 5-24-2024
TNT:
CandyKisses: Parliamentary Finance pledges to quickly pass budget tables
Information / Baghdad.
The Parliamentary Finance Committee confirmed voting on the 2024 budget tables before the end of the current legislative term.
Committee member Khalil Dosky told Al-Maalouma that "the parliamentary finance committee aims to study the items of the budget tables to include many aspects, including determining government spending."
He added that "his committee began to discuss the paragraphs of the budget tables to prepare a detailed report and enter proposals and discussions in order to complete and mature all opinions," pointing out that "budget tables will be presented to political forces."
He pointed out that "there is a great desire among members of the House of Representatives in order to approve the tables as soon as possible," stressing that "voting on the 2024 budget tables before the end of the current legislative term."
TNT:
CandyKisses: Parliamentary Finance pledges to quickly pass budget tables
Information / Baghdad.
The Parliamentary Finance Committee confirmed voting on the 2024 budget tables before the end of the current legislative term.
Committee member Khalil Dosky told Al-Maalouma that "the parliamentary finance committee aims to study the items of the budget tables to include many aspects, including determining government spending."
He added that "his committee began to discuss the paragraphs of the budget tables to prepare a detailed report and enter proposals and discussions in order to complete and mature all opinions," pointing out that "budget tables will be presented to political forces."
He pointed out that "there is a great desire among members of the House of Representatives in order to approve the tables as soon as possible," stressing that "voting on the 2024 budget tables before the end of the current legislative term."
CandyKisses: The Iranian General Staff publishes the initial report on the causes of the president's helicopter crash
Information / Baghdad Today 08;33
On Thursday evening, the Iranian General Staff published the preliminary report issued by the Supreme Investigation Committee to examine the causes of the crash of the helicopter of the martyr Iranian President, Mr. Ebrahim Raisi and his companions.
The authority said in the results of the report that the president's helicopter continued its pre-planned course and did not depart from it, adding that the helicopter pilot made contact with the two helicopters within the president's convoy.
The results of the report confirmed that no trace of bullet or similar injuries was observed on the wreckage of the helicopter carrying the Iranian president.
The results also showed that the president's helicopter burned after colliding with the slopes, adding that "search operations continued until five o'clock in the morning due to the ruggedness of the area, dense fog, and cold weather."
The Iranian staff pointed out that "the operation ended after finding the site of the helicopter crash through Iranian drones, and then the rescue teams headed towards the site," noting that "no suspicious point was detected in the helicopter crew's communications and dialogues with the control tower."
The staff said a large part of the documents and effects associated with the incident had been collected, but that more time needed to be studied deeper.
A few days ago, Iranian television announced the martyrdom of Iranian President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian and their companions in the crash of the helicopter they were carrying in East Azerbaijani airspace.
Searches for the wreckage of the helicopter were hampered by fog and heavy rain, while the temperature touched minus 15 degrees.25
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Tishwash: Parliamentary Finance is confused by the large difference between the 2023 and 2024 budgets... and warns against stopping provincial projects
Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, revealed today, Thursday (May 23, 2024), that service and urban projects, some of which are ministerial, have been halted due to the reduction in governorate allocations in the financial budget tables for the year 2024.
The Council of Ministers voted in an extraordinary session last Sunday on the budget schedules and referred them to the House of Representatives, which received them the day before yesterday, Tuesday.
Al-Karaawi said in a televised statement, followed by “Baghdad Today,” “We noticed in the budget tables that there was a reduction in allocations to the governorates, some of which reached 80% compared to what was allocated to them in last year’s budget, and this may cause projects to stop and not lead to covering their expenses and contractors’ dues, and this may be what may happen.” "It causes a problem and a gap in the issue of financing."
He stressed, "Projects, including ministerial ones, have been halted due to lack of funding," pointing out that "there is a turbulent indicator between the 2024 budget and last year in terms of project financing, and we will host the Ministers of Finance and Planning next week."
Al-Karaawi pointed out, “Preparing a list of clarifications and sending them to the Ministry of Finance about the reasons for the increase in expenditures, the mechanism for collecting oil and non-oil revenues, and the inflation of the financial deficit in the budget.”
He added, "The government has committed itself to collecting 27 trillion dinars in non-oil revenues during the year 2024, and we requested clarification from the Ministry of Finance about the mechanism for achieving this goal," noting that "there is an increase in the operating budget that reached 156 trillion dinars."
The parliamentary finance member expected that “the maximum time limit for approving the budget schedules will be before the end of the current legislative term on next June 9, so there will be an intensive program for the Finance Committee to discuss these schedules and find solutions to the problems in them.”
It is noteworthy that Prime Minister Muhammad Shiaa Al-Sudani revealed in a press conference following the cabinet session last Sunday the details of the budget schedules and said in the most prominent contents:
- Table (A) includes revenues totaling (144.336) trillion dinars, and Table (B) concerns total planned expenditures totaling (210.936) trillion dinars.
- The planned budget deficit amounted to (63.599) trillion dinars, and Table (C) is the centrally funded workforce table, amounting to (4,079,906) employees, and governing expenditures amounted to (10.042) trillion dinars.
- The investment budget for 2024 is (54.298) trillion dinars, and may reach 55 trillion dinars.
- Governorate allocations to local government programs with an investment allocation amounted to (10.633) trillion dinars in 2023, and we financed (3.333) trillion, based on fundamental requests from the governorates.
- The remainder of the allocation (7.333) trillion dinars is in a trust account, at the disposal of the provincial governments.
- Allocating approximately (8) trillion dinars to ongoing projects, including allocations in 2024.
- For the first time in the history of budgets, we exceeded spending by 50%.
The increase in debt repayment amounted to 3.9 trillion dinars. In 2023, the debt repayment was 12,751, and in 2024, we repaid 16.725 trillion. link
Mot: ... Are We there Yet!!!!?????
Mot: .... I Get it!!!
News, Rumors and Opinions Friday AM 5-24-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 24 May 2024 Compiled Fri. 24 May 2024 12:01 am EST by Judy Byington
Global Financial Crisis:
US Debt Clock: FED Q&A Disclosure: The Federal Reserve wants you to believe that their Federal Reserve notes have intrinsic value. This illusion dates back to 1694, when the Bank of England was established as the first central bank to issue notes and legal tender. This created a framework similar to the one the Federal Reserve uses today. Since the Federal Reserve controls the money supply and their currency is not backed by any tangible asset, they can continuously print money. This leads to the devaluation of the currency and causes inflation. This inflation ultimately affects everyone who uses or accepts the currency. However, even in dark times, there is hope. A New World Dawns is approaching, bringing light and change to the world.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 24 May 2024
Compiled Fri. 24 May 2024 12:01 am EST by Judy Byington
Global Financial Crisis:
US Debt Clock: FED Q&A Disclosure: The Federal Reserve wants you to believe that their Federal Reserve notes have intrinsic value. This illusion dates back to 1694, when the Bank of England was established as the first central bank to issue notes and legal tender. This created a framework similar to the one the Federal Reserve uses today. Since the Federal Reserve controls the money supply and their currency is not backed by any tangible asset, they can continuously print money. This leads to the devaluation of the currency and causes inflation. This inflation ultimately affects everyone who uses or accepts the currency. However, even in dark times, there is hope. A New World Dawns is approaching, bringing light and change to the world.
Timing:
Banks were closed Memorial Day Weekend, (just long enough to make the Quantum Switch).
Global Currency Reset:
Thurs. 23 May 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#, 667-770-1865
A Contact at a Redemption Center said Tier4b (Us, the Internet Group) would get emails to set appointments over the weekend.
Bruce felt it was likely that we won’t get the 800 numbers to make appointments until Tues. 28 May, and could begin exchanging on Wed. 29 May.
Wed. 22 May 2024 Wolverine Chat: “This will not be a long chat. There was a meeting last night in Reno. The topic was when to release the notifications. The notifications are coming out. The main bondholders are hopefully expecting notifications today. So hold on everyone!! We are on the very edge of this! Expecting notifications to come in today for the major bondholders. Tier4B, in my opinion, will hopefully come in on the weekend. Things are happening in the Pentecostal group. The leader will be having a get together in Bogota the first week of June, so then they will be ready to go. It was a very good audio that they put out yesterday. Hopefully they will be able to release it has been long time for that platform as the owner has been through so much. Not much other Intel coming through right now. Keep your fingers crossed and hopefully we will have good news very soon. Take care,” Wolverine
Tues. 21 May 2024 Banker: “I’m being told emails should come on the 24th which is this coming Friday, which would give the banks time to deal with their Fridays and Mondays and begin to schedule appointments later into next week. We can only hope that at some point these projections will be accurate.” On Wed. 22 May 2024Banker: : “A second confirmation of the above post has been received today so please stay alert come Friday. GOD Bless y’all for staying with us thru all this.”
Wed. 22 May 2024 MarkZ: “I am confident that some Bond Holders such as those in Humanitarian Projects are being paid and bonds began moving on Wed. 22 May.”
Tues. 21 May 2024 Unknown Source: “Banks in the USA will close on the 24th and until May 27th (Monday) they will be offline, without credit cards and without access to 24-hour banking. It will be the beginning of AES – EMERGENCY ALERT SYSTEM and on Tues. 28 May 2024, some banks and companies will no longer open.
Read full post here: https://dinarchronicles.com/2024/05/24/restored-republic-via-a-gcr-update-as-of-may-24-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: "Is the rate in the budget?" Yes ma'am. There's a line item...
Frank26 A second set of books is a normal business action. Many companies, many firms for financial projections, for balances, for audit purposes, for changes whatever it may be, run a second set of books. The second set of books is simple business practice. It's not illegal unless you're doing it illegally under the table...This second set of books is not hidden...they [Iraq] expose it [their second second set of books] to the right people, IMF, World Bank, US Treasury...
Militia Man Are they going to change the value of their currency...? I'm pretty sure they are going to need to to pay for all these [reconstruction] objects...rebar, the cement - all that stuff is expensive at 1310. It's not so expensive if it's back at a 'previous era'....If they have the true value, their real effective exchange rate, it's going to be far cheaper...
The Debt Wall COLLISION Is Happening RIGHT NOW...
Lynette Zang: 5-23-2024
Today we are talking about AI, and the risk it proposes to our financial stability, rising corporate defaults and much more...
THE SYSTEM IS CRACKING. Home Affordability Hits HISTORIC LOW... Economy Coming Apart.
Greg Mannarino: 5-23-2024
“Birthday Coffee with MarkZ” Friday Morning Chat 5-24-2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning and welcome to Fri-yay
Member: Happy Birthday to the Z Twins Good Morning Everyone!!
Member: Hope you get an RV for your birthday Mark!
MZ: I think and RV for my birthday would be great- but, I will settle for this weekend.
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning and welcome to Fri-yay
Member: Happy Birthday to the Z Twins Good Morning Everyone!!
Member: Hope you get an RV for your birthday Mark!
MZ: I think and RV for my birthday would be great- but, I will settle for this weekend.
MZ: Good Morning and Thanks for all the birthday wishes.
Member: When do you think this RV plane will be landing?
MZ: Im afraid to say what I think because I am extremely upbeat and do not want to add to the difficult roller coaster we have been riding on.
MZ: But, on the bond side a tremendous amount of expectations for this weekend. Many individuals are expecting full funds . These are individuals…not facilitators or humanitarians….these are the bond holders.
MZ: I am praying they are successful. Some of the rates we are hearing is a Billion dollars per super petchelli bonds which would be nuts. Some of the bond flippers gave 30 Billion per one thousand bonds. So if true the flippers are making a killing off of everybody else.
Member: I am seeing many who think $3.90 is the dinar rate?
MZ: I am seeing rates of somewhere between $3.81 to $3.91 from a number of contracctors working in Iraq. They are working on infrastructure- everything from hospitals to power grid to roads ect…….
MZ: And I am still thinking it will be $2 something on the dong. I hope I’m wrong and my contacts are right and it’s closer to the $3 mark.
Member: Whatever happened to the IRS and other Gov. agencies and internal letter about the 22nd?
MZ: They did have a major test on the emergency contact system. That definitely happened with the IRS on the 22nd. It seems they don’t trust the other system so they have done an internal system of emails and texts. It was not just the IRS but appears to be a large number of government agencies were doing the same thing. It seems they dodn’t trust the normal system to warn them in case of outages or whatever.
Member: this would be a grand day to have the RV announced!!
Member: So they tell me it's your birthday. Well happy birthday darlin'.May you live may you love.May all your dreams come true
Member: Everyone have a very good day
Be sure to watch the replay for all the birthday wishes and guests…..
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING (maybe) FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
Iraq Economic News and Points To Ponder Late Thursday Evening 5-23-24
Iraq Economic News and Points To Ponder Late Thursday Evening 5-23-24
Mazhar Muhammad Saleh: Increased Bank Lending Activity Increases Growth And Prosperity Economical 05/23/2024 Baghdad: Al-Sabah Yesterday, Wednesday, the Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, identified three benefits and advantages of bank credit, while noting that the increase in bank lending activity increases growth rates and economic well-being.
Saleh said to the Iraqi News Agency (INA): “The function of credit, in its monetary and pledged forms, is one of the most important aspects of banking activity in spreading a sound financial system, so bank credit, or granting bank loans specifically, is the vital financial tool that banks use to provide the required cash liquidity.” And financing the economic activity of individuals and companies.
He added, "The feasibility of bank credit lies in several main economic and social aspects, including: First: supporting small and medium enterprises, as bank credit plays an important role in financing small and medium enterprises, and at the same time helps in generating new job opportunities, stimulating innovation, enhancing economic and social growth, and raising Growth rates in the incomes of individuals and projects.
Iraq Economic News and Points To Ponder Late Thursday Evening 5-23-24
Mazhar Muhammad Saleh: Increased Bank Lending Activity Increases Growth And Prosperity
Economical 05/23/2024 Baghdad: Al-Sabah Yesterday, Wednesday, the Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, identified three benefits and advantages of bank credit, while noting that the increase in bank lending activity increases growth rates and economic well-being. Saleh said to the Iraqi News Agency (INA):
“The function of credit, in its monetary and pledged forms, is one of the most important aspects of banking activity in spreading a sound financial system, so bank credit, or granting bank loans specifically, is the vital financial tool that banks use to provide the required cash liquidity.” And financing the economic activity of individuals and companies.
He added, "The feasibility of bank credit lies in several main economic and social aspects, including:
First: supporting small and medium enterprises, as bank credit plays an important role in financing small and medium enterprises, and at the same time helps in
generating new job opportunities,
stimulating innovation,
enhancing economic and social growth, and
raising Growth rates in the incomes of individuals and projects.
He pointed out that “stimulating economic growth can only be achieved by mobilizing the necessary funds for economic activities to expand the businesses of individuals and projects,” noting that
“bank credit enhances economic activity and increases the level of productivity and investment rates, whether in the industrial, real estate, commercial, agricultural, or other fields.” He continued:
“Secondly: granting loans helps encourage saving, as
bank credit activity is linked to increasing bank savings rates for the public through higher bank deposit rates, as
banks provide distinct savings or savings accounts to customers who will use their borrowing or credit products.” He continued:
“Thirdly: Bank loans have an effective role in organizing financial resources among real activities within the overall economy and
meeting the needs of productive sectors for financing in order to create capital accumulation by investing in real assets.
However, bank credit, or granting bank loans, also meets the needs of individuals to generate benefit.
Bank credit allows them to access financing to
purchase residential real estate, transportation, or to
cover educational or medical expenses, which improves the standard of living.”
He pointed out that “the greater the activity of lending or bank credit, the greater the economic activity and the higher the rates of growth and economic well-being,
provided that these activities do not conflict with the overall objectives of monetary policy in
achieving stability in the general level of prices and
combating monetary inflation, and that they do not conflict with the
policy of high employment in the labor force and promoting.. Economic growth rates. https://alsabaah.iq/97137-.html
Statement Issued By The Presidency Of The Anti-Money Laundering And Terrorist Financing Council
May 22, 2024 Statement issued by the Presidency of the Anti-Money Laundering and Terrorist Financing Council
The Middle East and North Africa Financial Action Task Force (MENAFATF), at its general meeting, held in the Kingdom of Bahrain for the period from 19-23 May 2024,
approved the mutual assessment report for the Republic of Iraq, which reflects its great commitment to applying international standards to combat money laundering and the financing of terrorism.
The report issued by the organization highlighted the
ability of the committed system to combat money laundering and terrorist financing in Iraq, and the
great efforts made by the state in combating these crimes, in accordance with solid international standards.
The report stressed
understanding the risks of money laundering and terrorist financing, and the
effectiveness of implementing measures to combat these crimes, including
international cooperation and
confiscation of proceeds of crime, as well as
investigation and prosecution.
The Presidency of the Anti-Money Laundering and Combating the Financing of Terrorism Council takes advantage of the opportunity to extend sincere thanks and appreciation to His Excellency the Honorable Prime Minister and the Honorable President of the Judicial Council,
for the support they provided to raise the evaluation process, as well as to extend its thanks to the members of the Anti-Money Laundering and Terrorist Financing Council and the Anti-Money Laundering and Terrorist Financing Office.
Money and terrorist financing, and all judicial and governmental bodies and all formations of the Central Bank of Iraq, which have contributed and worked over the past two years to provide the evaluation requirements in a way that reflects the real reality of effective judicial and government procedures in developing the system to combat money laundering and terrorist financing.
Ali Mohsen Ismail
Chairman of the Anti-Money Laundering and Terrorism Financing Council
Governor of the Central Bank of Iraq https://cbi.iq/news/view/2588
Advisor To The Prime Minister Highlights The Importance Of Bank Credit In Strengthening The Economy
May 22, 2024 Baghdad/Iraq Observer Today, Wednesday, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Saleh, identified three main benefits of bank credit, stressing that
increasing bank lending activity
raises growth rates and
economic well-being. Saleh explained,
“Bank credit is a vital financial tool for providing liquidity and financing economic activity to individuals and companies.” He pointed out
three main benefits of bank credit, which are that it contributes to financing it,
generating job opportunities,
stimulating innovation, and
promoting economic and social growth.
It is linked to an increase in bank savings rates through an increase in bank deposits, as banks provide distinct savings accounts.
It also contributes to
meeting the needs of productive sectors and
financing the purchase of real estate and educational and medical expenses,
which improves the standard of living.
Saleh added that increased lending activity
enhances economic activity and
raises growth rates and prosperity,
provided that it does not conflict with the goals of monetary policy and economic stability.
https://observeriraq.net/مستشار-رئيس-الوزراء-يبرز-أهمية-الائتم/
Minister Of Electricity: We Are Working To Support The Private Sector By Establishing National Production Lines
Minister of Electricity Ziad Ali Fadel energy Economy News – Baghdad The Minister of Electricity, Ziad Ali Fadel, confirmed on Thursday that the ministry is working to support the private sector in the country by establishing national production lines.
The media office of the Minister of Electricity said in a statement, seen by Al-Eqtisad News, that “the Minister met with a delegation from the Riyadh Cable Company and a coalition of Al-Rowad companies for the production of electrical wires and cables.”
The Minister of Electricity confirmed, according to the statement, that “we have an intention to support the private sector and stimulate the industrial movement in the country by establishing national production lines that attract labor and contribute to meeting the electricity sector’s need for spare parts.”
He added: “We need to produce wires and cables (11, 33, and 132 kV) to keep up with demand and address bottlenecks.”
He pointed out that "there are controls for laboratory and factory tests conducted by the Ministry to proceed with competitive transactions in accordance with the approved specifications."
The Minister of Electricity continued, "Private sector companies have successful experiences with the ministry's formations, and we hope to strengthen them and develop production facilities in a way that serves and achieves the public interest."
Views 75 05/23/2024 - https://economy-news.net/content.php?id=43682
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
Provoking Thoughts and Points to Ponder on Money
Money is the poor people's credit card. - Marshall McLuhan
A man is rich in proportion to the things he can afford to let alone. - Henry David Thoreau
Money is like a sixth sense, and you can't make use of the other five without it. - W. Somerset Maugham
Money swore an oath that nobody who did not love it should ever have it. - Irish proverb
I'm so happy to be rich, I'm willing to take all the consequences. - Howard Ahmanson
http://www.famousquotesandauthors.com/topics/money_quotes.html
MilitiaMan: Iraq Dinar - IQD Update -Al-Sudani - Resolutions & Approvals -Digital Payments - Multi Currency Card
Iraq Dinar - IQD Update -Al-Sudani - Resolutions & Approvals -Digital Payments - Multi Currency Card
MilitiaMan and Crew: 5-23-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Iraq Dinar - IQD Update -Al-Sudani - Resolutions & Approvals -Digital Payments - Multi Currency Card
MilitiaMan and Crew: 5-23-2024
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
KTFA Thurs. Night CC: “FRANK26…5-23-24….SOUP’S ON”
KTFA
Thursday Night Conference Call
FRANK26…5-23-24….SOUP’S ON
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
Thursday Night Conference Call
FRANK26…5-23-24….SOUP’S ON
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#
Currency Insider Video Update Late Thursday Evening 5-23-24
Currency Insider Video Update Late Thursday Evening 5-23-24
Time For Cash Dinar Investors Chilling – 2:14
Iraqi Dinar Check Latest Rates – 1:05
Iraqi Dinar Fixed Rate at $4.26 – 2:38
Currency Insider Video Update Late Thursday Evening 5-23-24
Time For Cash Dinar Investors Chilling – 2:14
Iraqi Dinar Check Latest Rates – 1:05
Iraqi Dinar Fixed Rate at $4.26 – 2:38
Time For Cash Dinar Investors Chilling – 2:14
Iraqi Dinar Check Latest Rates – 1:05
Iraqi Dinar Fixed Rate at $4.26 – 2:38
Iraqi Dinar Video Update Late Thursday Evening 5-23-24
Iraqi Dinar Video Update Late Thursday Evening 5-23-24
its huge exchange rate – 4:19
Iraqi Dinar Big RV Exchange Rate – 5:16
Iraq Prime Minister Al Sudani Big Statement IQD Exchange Rate – 5:42
Iraqi Dinar Video Update Late Thursday Evening 5-23-24
its huge exchange rate – 4:19
Iraqi Dinar Big RV Exchange Rate – 5:16
Iraq Prime Minister Al Sudani Big Statement IQD Exchange Rate – 5:42
its huge exchange rate – 4:19
Iraqi Dinar Big RV Exchange Rate – 5:16
Iraq Prime Minister Al Sudani Big Statement IQD Exchange Rate – 5:42
Iraqi Dinar Video Update Thursday Evening 5-23-24
Iraqi Dinar Video Update Thursday Evening 5-23-24
PM Of Iraq Announced New Rate – 3:10
Chase Bank Announced About IQD RV - 4:14
Iraqi Dinar International Revaluation - 4:56
Iraq Currency Printed New Notes IQD RV – 4:32
Iraqi Dinar Video Update Thursday Evening 5-23-24
PM Of Iraq Announced New Rate – 3:10
Chase Bank Announced About IQD RV - 4:14
Iraqi Dinar International Revaluation - 4:56
Iraq Currency Printed New Notes IQD RV – 4:32
PM Of Iraq Announced New Rate – 3:10
Chase Bank Announced About IQD RV – 4:14
Iraqi Dinar International Revaluation – 4:56
Iraq Currency Printed New Notes IQD RV – 4:43
Iraq Economic News and Points To Ponder Thursday Evening 5-23-24
Iraq Economic News and Points To Ponder Thursday Evening 5-23-24
An Economic Expert Explains The Reasons For The Turmoil In Gold Prices In Iraq
Economy | 05/23/2024 Baghdad - Mawazine News The economic expert, Nabil Jabbar Al-Tamimi, revealed today, Thursday, the reasons for the change and turmoil in gold prices in Iraq.
Al-Tamimi said in an interview with "Mawazine News", "The gold market in Iraq is directly linked to international gold prices. The rise and fall of global prices is the only one that has an impact on the local gold market."
He added, "We are currently witnessing a global rise in prices, as the price of an ounce of 24-karat gold has exceeded more than $2,400, which represents the highest global gold prices throughout history. Waves of inflation, lax monetary policies around the world, and a group of geopolitical turmoil have led to a rise in gold prices during the three years." Which resulted in the spread of the Corona virus more than doubling.”
He pointed out that "the prices of one ounce in 2020 ranged near $1,300 per ounce, while today's trading is near $2,400 per ounce.
Iraq Economic News and Points To Ponder Thursday Evening 5-23-24
An Economic Expert Explains The Reasons For The Turmoil In Gold Prices In Iraq
Economy | 05/23/2024 Baghdad - Mawazine News The economic expert, Nabil Jabbar Al-Tamimi, revealed today, Thursday, the reasons for the change and turmoil in gold prices in Iraq.
Al-Tamimi said in an interview with "Mawazine News", "The gold market in Iraq is directly linked to international gold prices. The rise and fall of global prices is the only one that has an impact on the local gold market."
He added, "We are currently witnessing a global rise in prices, as the price of an ounce of 24-karat gold has exceeded more than $2,400, which represents the highest global gold prices throughout history. Waves of inflation, lax monetary policies around the world, and a group of geopolitical turmoil have led to a rise in gold prices during the three years." Which resulted in the spread of the Corona virus more than doubling.”
He pointed out that "the prices of one ounce in 2020 ranged near $1,300 per ounce, while today's trading is near $2,400 per ounce. https://www.mawazin.net/Details.aspx?jimare=248536
The American Ambassador Affirms Her Country's Commitment To Supporting The Security And Stability Of Iraq
Thursday, May 23, 2024 3:47 PM Baghdad/National News Center The United States affirmed The Presidency’s Media Department stated
During the meeting, Rashid stressed “the importance of working to strengthen and develop relations in various fields, especially economic, commercial, cultural and environmental, in a way that achieves the common interests of the two countries and peoples.”
He pointed to “the positive developments that the country is witnessing at various levels,” pointing out that “security stability is being consolidated thanks to the efforts of the Iraqi security forces in their various formations.”
For her part, Elena Romanski expressed her country’s “commitment to supporting the security and stability of Iraq and strengthening relations of cooperation and friendship in various fields.” https://nnciraq.com/256316/
The Prime Minister Calls On The Private Industrial Sector To Invest In The Raw Materials Available In Iraq
Thursday 23, May 2024 Economical Number of readings: 292 Baghdad / NINA / Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani called on the private industrial sector to invest in the raw materials available in Iraq.
A statement from his media office stated that Al-Sudani launched, in the Al-Najaf Governorate, today, Thursday, the executive work on the Al-Diyar Al-Iraqiyya Glass Production Factory project.
According to the statement, the project is the first to be implemented in accordance with the sovereign guarantees approved in the budget, and in cooperation between the Iraqi Trade Bank and the Iraqi Trade Bank. TBI and the German Export Bank, and it represents the most important forms of cooperation between Iraq and Germany, the foundations of which were laid during his visit to the German capital, Berlin.”
Al-Sudani blessed the launch of work on this important project, and appreciated the efforts of the Industrial Estates Authority, the Ministry of Industry, and other supporting parties, stressing:
“This factory is being implemented in an industrial city by an investor who has undertaken to provide all services. The industrial city is also preparing to embrace industrialists and provide land and services, which is an advantage.” We aspire to have it implemented in all governorates.”
The Prime Minister indicated that the new project is the first to produce glass, with a capacity of 800 tons per day, which means 25% of the local market’s need. The factory will rely on silica available in Iraq, stressing the availability of many raw materials that have not been invested. He also directed the necessity of implementation according to Plan and schedule.
The Prime Minister affirmed the government’s support for the private sector, and the provision of guarantees for all projects that represent a priority, especially the housing and construction sector, which represents a large demand for construction materials, indicating the country’s need to triple the existing factories for coverage, calling on the serious private sector to invest in this important opportunity.
As the government continues to remove obstacles and bureaucracy, this path will provide real job opportunities, and larger industries will settle in this city and other industrial cities.”/ https://ninanews.com/Website/News/Details?key=1128297
Al-Handal Stresses Iraq's Commitment To Combating Money Laundering.. What About Inflation?
Economy News – Baghdad The head of the Iraqi Private Banks Association, Wadih Al-Handal, confirmed today, Thursday, that Iraq is committed to combating money laundering, pointing to the role of the Central Bank of Iraq in reducing inflation to 3.8%.
Al-Handal said during a speech he delivered at the Arab-Turkish summit in Istanbul, followed by Al-Iqtisad News, that “Iraq’s policy is focused on economic openness to all countries, to build a network of strong economic relations, and to attract foreign investments in infrastructure development.”
He added, "Bilateral relations between Iraq and Turkey are going through their golden age. Trade exchange reached 20 billion dollars last year, and cooperation is great between Iraqi and Turkish companies in implementing strategic projects inside Iraq," noting that "the visit of Turkish President Recep Tayyip Erdogan last month To Iraq, it will reflect positively on the Arab region, starting with the development road project.”
The head of the Association of Iraqi Private Banks stated, “The Iraqi Development Road Project is one of the projects that will transform the form of transporting goods between East Asian countries and Europe, because it will contribute to shortening the time on the ship departing from the port of Al-Faw to Europe by fifteen days compared to other transport lines.”
As well as reducing the cost in terms of insurance and transportation fees, which will be reflected positively on the final price of the goods, in addition to the fact that the project will provide more than 100,000 direct job opportunities with the establishment of large factories inside the country.”
He pointed out, "The development road will link the countries of China, India, the Emirates, Qatar, Iraq, and Turkey, all the way to Britain, through rail and land lines to transport goods and people.
It is the leading project in the region currently, as it will contribute to transporting fifteen million passengers annually and more than 22 million tons of food." Goods, and will cost seventeen billion dollars, with revenues for Iraq amounting to about 5 billion dollars annually.”
Al-Handal called on Arab and foreign banks to “contribute to financing investments while continuing to work on providing sovereign guarantees, in a way that contributes to accelerating work and achieving development for all.”
He stated, "The Central Bank of Iraq worked with its Turkish counterpart, during the previous stage, to adopt the Turkish lira and the euro to finance trade exchange between the two countries."
He stressed that "the private banking sector is progressing rapidly in growth, despite the great challenges surrounding it, and that some banks that faced difficulties in dealing in the dollar continue to work in other currencies, in implementing the aspirations of their customers, in addition to increasing the types of banking services, which... “It reflects positively on the sector’s work in increasing the rate of financial inclusion.”
He explained, "The monetary policy, led by the Central Bank of Iraq, during the current stage, has worked very successfully, contributing to reducing inflation from 7.5 percent to 3.8 percent," noting, "Iraq's foreign currency reserves have reached more than 111 billion." $, and gold 145.6 tons, which makes it ranked fifth in the Arab world.”
Al-Handal thanked the Union of Arab Banks, praising this two-day Arab-Turkish summit, wishing to come up with urgent decisions that contribute to changing the face of the region economically and give hope to our people, who are suffering from the effects of inflation, high prices, and the migration of foreign investors.
He concluded by saying: “Iraq is one of the countries committed to combating money laundering and terrorist financing, according to what was announced by the Financial Action Task Force for the Middle East and North Africa (MINFATF), which is an indicator that all countries rely on,” praising “the role of the Central Bank and the Iraqi judiciary in preserving To classify Iraq globally as one of the countries committed to combating money laundering and terrorist financing.
Views 131 05/23/2024 https://economy-news.net/content.php?id=43664
252 Million Dollars In Sales From The Iraqi Central Bank Within A Day
Economy News – Baghdad Foreign remittance sales at the Central Bank of Iraq auction, on Thursday, increased by 90% at the expense of cash sales, reaching more than $252 million.
Today, during its auction for buying and selling the US dollar, the Central Bank sold 277 million, 354 thousand and 736 dollars, which the bank covered at a base exchange rate of 1,310 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,305 dinars per dollar in cash. .
Most of the bank's dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 252 million, 154,736 dollars, an increase of 90% over cash sales of 25 million and 200 thousand dollars.
Views 91 05/23/2024 - https://economy-news.net/content.php?id=43667
To read more current and reliable Iraqi news please visit : https://www.bondladyscorner.com/
Provoking Thoughts and Points to Ponder on Money
Riches are for spending. - Francis Bacon
Some people's money is merited and other people's is inherited. - Ogden Nash
There is only one thing for a man to do who is married to a woman who enjoys spending money, and that is to enjoy earning it. - Edgar Watson Howe
To be clever enough to get all that money, one must be stupid enough to want it. - G. K. Chesterton
Why is there so much month left at the end of the money? - Anonymous
http://www.famousquotesandauthors.com/topics/money_quotes.html
Evening News with MarkZ and Dr. Scott Young. 05/23/2024
Evening News with MarkZ and Dr. Scott Young. 05/23/2024
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Evening MarkZ & Dr. Scott:)
MZ: I am hearing exceptional things from the bond side. There is so much anticipation it has me verr excited and hopeful that we are finally going to get out of this groundhog day.
MZ: I am being told the first successful test of the system was yesterday. They are hoping for another successful test this evening.
MZ: With so many positive things…I am hopeful this is it.
Evening News with MarkZ and Dr. Scott Young. 05/23/2024
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Evening MarkZ & Dr. Scott:)
MZ: I am hearing exceptional things from the bond side. There is so much anticipation it has me verr excited and hopeful that we are finally going to get out of this groundhog day.
MZ: I am being told the first successful test of the system was yesterday. They are hoping for another successful test this evening.
MZ: With so many positive things…I am hopeful this is it.
MZ: My bond folks seem to think the next day or two that private individuals will have dollars. When they do –they will disappear. The anticipation is huge.
MZ: Some were expecting funds as early as last night but, they are being told to come back daily right now. In other words “We are not going to give you an update- we need you here daily” As they are pushing to launch.
MZ: I take that as a positive.
Member: Practicing patience as we await the trigger to start our part of the RV
Member: Happy birthday to you tomorrow Mark. It would be awesome if you got the RV on your birthday…..We are all hoping its true.
Member: Thank you Mark and Dr. Young.
Dr. Scott joins tonight. Please listen to the replay for his information and opinions.
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