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Good morning good morning! Lots of changes around here, not the least of which is the blindingly bright color theme... sorry about that, everyone! It's driving me slightly nuts as well, but it's not at the top of the priority list (yet). If you see any (other) issues with the new and improved website, please report them here. What's more important is "the rest of the story" - the site has undergone some major security changes, improvements of usability, and there are some hidden features that are going to remain hidden for the time being. The way things are going with Iraq, the "time being" may not be long at all. Did you catch last week's update? No, not my portion of it... I mean the follow up comments. Our man Thugs brought some articles into the conversation that focus on HCL (article 140/HCL/etc), and this is undeniably exciting! Like this: And this: And this: and IT KEEPS GOING!!!!!! (thanks, @DinarThug, for basically writing my update for me this week! ) The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value. It just keeps chugging along: Seriously! IT DOES NOT GET MUCH BETTER!!!! OIL - doing what we like. And a final couple link mentions - this and this are related. Reading the text, you might think "oh man, they are talking 2021 😢 "... but here's the deal: Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming! Have a fantastic day, everyone! I'm heading back into the galley to continue unkinking the irons on these site changes. I'll be in touch soon.

Governor of the Central Bank: A deliberate banking plan has been developed to strengthen the national currency Time: 09/17/2020 14:10:20 Read: 1,183 times (Baghdad: Al Furat News) The Governor of the Central Bank, Mustafa Ghaleb al-Kitab, met with the head of the Supreme Judicial Council, Faik Zaidan. During the meeting, the governor of the Central Bank confirmed, according to a statement from his media office, that "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency and address negatives in cooperation with the courts specialized in joint work with the central bank." In turn, the President of the Supreme Judicial Council stressed during the meeting that "the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as stressing the importance of preserving the independence of the Central Bank in accordance with the constitution and the law of the Central Bank of Iraq", stressing "The need to adhere to banking laws, the law against money laundering and terrorist financing, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development." Mohameed

From the horse mouth. Looks like the CBI already have a target date. Go new CBI Governor Go Increase dinar exchange rate Go purchasing power It’s coming, get ready.! Go RV in 2020 Go Trump 2020

*** Mnt Goat *** Article: "THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY" The...article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? ...we wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank…. *** Adam Montana *** ...some articles...that focus on HCL (article 140/HCL/etc)... Quotes: "there is an agreement between Baghdad and Erbil to resolve all pending issues, and for the constitution to be the rule, and a phased agreement was obtained from 3 months until the end of 2020, and we intend to conclude a new agreement to be implemented under the 2021 budget."; "...it is possible to reach consensus formulas regarding the federal government's authority over border crossings and disputed areas, and the oil and gas law," this is undeniably exciting! The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value...Seriously! IT DOES NOT GET MUCH BETTER..!!! *** Mnt Goat *** "AFTER THE APPOINTMENT OF A NEW GOVERNOR OF THE CENTRAL BANK … THE VICE-RELATIONSHIP REQUESTS RETIREMENT, AND THE GENERAL MANAGER APPLIES FOR A ONE-YEAR LEAVE" so what does this mean for us and our investment in the dinar? It means we are one step closer. We have been looking for this move all along...Will the new governor Al-Kitab support doing the project to delete the zeros? Will he support moving to a float on FOREX? We wait and see. I think this move is indicative of what must happen and the answer is YES,YES and YES! It is just a matter of time now… *** Pimpy *** ...I absolutely believe soon or later the Iraqi dinar will experience a rate change. For me it's not a matter of if it's just a matter of when. But that's just my opinion. There's many reasons for me to believe that and I share them with you...now I get it. You guys are going, 'wait a minute we were told something's going to happen on the 15th.' Yeah here's the funny thing. I was told that too by so-called insiders...don't listen to people like that. When they say they go insider information don't automatically assume that they got legitimate insider information...the best that we could do is make an intelligent decision based on the information that we see...no body knows when these things are gonna happen but they're gonna happen. Hang tight. Think positive. *** Mnt Goat *** ...We know that Iraq under Trump now has the full backing of the US and this is what we have waiting so long to hear... Trump surely sees the great economic potential for US companies and is trying to honestly address the issues that hurt and prevent them from investing in Iraq, then harvest the benefits...we hear news of Trump visiting Iraq later this week... *** Jeff ***...this is just amazing Article: "Al-Abadi's coalition express its support for Al-Kazemi's changes in administrative positions". This is a really good article. Let's look down to the highlights. Quote: "The changes made by Prime Minister Kazemi yesterday on Monday were necessary in order to complete the reform process." This one is awesome Quote: "In the coming days may witness new changes according to the government's policy of conducting comprehensive political and economic reform..." Lots of amazing news...

“During the meeting, the governor of the Central Bank confirmed that a deliberate banking plan had been developed that would develop the work of the central bank, strengthen the national currency” deliberate definition: done consciously and intentionally. Go RV Go purchasing power Go 2020

From Delta ... Central Bank of Iraq (CBI). Mustafa Ghaleb has been named the CBI’s new governor after long service as its head of legal affairs. A nonpartisan figure with a history of resisting political pressure, he will now take the lead on implementing bank reforms and protecting the dollar auction process against interference from Iran, militias, and other corrupt actors. DELTA

Maliki knows Kazemi is not playing games.... Kazemi was the chief of intelligence. The battle against corruption is real... The rats are abandon ship. His time will come. Kazemi have many files, the fall of Mosul, money laundering, administrative and financial corruption, crimes against humanity. Go justice Go punishment

Did U Know That 80 Percent Of The Doctors In China Have Cataracts ? And The Other 20 Percent Drive Rincolns ...

Good Morning Dinar Vets, here's an opinion & comment by MilitiaMan that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** MilitiaMan *** The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel in 8-9 key places. They include the CBI. All still looks very promising...imo.

Will you feel the same when the Dinar changes value!? Cuz if not I’ll take your Dinar off you.... to save you the emotional toll this change will have on you 😜 My guess, immediately upon the official announcement, you will become one of the largest proponents of change your friends and family have ever met 😉 Cheers to that moment🍻

Hurry up ..... while we’re still ( well kinda ) young. I was younger 16 1/2 years ago.

100 US dollars is equivalent to 100 Iraqi dinars .. Is it possible? An economic expert answers. The economic expert, Salam Sumaisem, said that the government is now obliged to reduce the value of the Iraqi dinar against the dollar in order to obtain greater quantities of Iraqi money against the dollar without printing more, and thus preserving the currency from collapse. In an interview with the “obelisk”, Sumaisem said that in the pre-2003 era, the currency was printed without cover and in large quantities, and it was reduced without a balance. Today, it can be reduced with a balance, indicating that this reduction increases the amount of exports because it pays people They import from abroad to the demand for local goods, which will lead to a devaluation of the currency and the demand for it becomes more. Several countries resorted to writing off zeros of their currency, with the aim of restoring some confidence in the national currency by trying to absorb inflation represented by high prices and the erosion of purchasing value. Sumaisem indicated that the time is not appropriate to manipulate zeros or the currency because its value will change, and with regard to removing zeros, this requires monetary stability and that was decided during the era of Sinan al-Shabibi administration of the Central Bank. The economic expert called for improving the status of the dinar so that every 100 dinars would be equal to 100,000 Iraqis, and thus raising the zeros so that every 100 dollars equal to 100 Iraqi dinars, and thus the dinar would be equal to the dollar. But Sumaisem believes that raising the zeros is not possible at the present time, due to the monetary and economic crisis that Iraq suffers from. And deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. The Iraqi Minister of Finance proposed reducing the price of the Iraqi dinar as a measure to confront the financial crisis, as Sumaisem believes that this proposal will be the closest scenario .. and will prevent compromising the storage in the central bank. Source

Governor of the Central Bank of Iraq: Developing a deliberate banking plan to strengthen the national currency Part of the meeting with the Governor of the Central Bank of Iraq, Mustafa Ghaleb, Chairman of the Supreme Judicial Council, Faik Zaidan 17 September 2020 02:46 PM Mubasher: The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met today, Thursday, with the President of the Supreme Judicial Council, Faik Zaidan. During the meeting, the governor of the Central Bank confirmed, according to a bank statement, that a thoughtful banking plan had been put in place; It would develop the work of the central bank, strengthen the national currency, and address negatives, in cooperation with the courts specialized in joint work with the central bank. In turn, the President of the Supreme Judicial Council affirmed that the selection of independent personalities from among the employees of state institutions to run these institutions gives an indication of the government's seriousness in following the professional institutional approach in building the state. Zidan added, in addition to stressing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Iraqi Central Bank Law. The Central Bank Governor stressed the need to adhere to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development.

Kazzammie is on a tear for sure! He just continues to impress SHHHHHHHH!!!!!!

Praise Jesus right here.

Wow! "Strengthen the national currency" , they've come out and said it !

Lol - Somebody Needs To Tell This So Called ‘Expert’ That Iraq Doesn’t Have Inflation ! Which Is The Only Reason Why Countries Ever Reduce Their Currency Value ... LINK 100 US dollars is equivalent to 100 Iraqi dinars .. Is it possible? An economic expert answers 17th September, 2020 The economic expert, Salam Sumaisem, said that the government is now obliged to reduce the value of the Iraqi dinar against the dollar in order to obtain greater quantities of Iraqi money against the dollar without printing more and thus preserve the currency from collapsing. In an interview with the "obelisk", Sumaisem said that in the pre-2003 era, the currency was printed without cover and in large quantities, and it was reduced without a balance. Today, it can be reduced with a balance, indicating that this reduction increases the amount of exports because it pays people who They import from abroad to the demand for local goods, which will lead to a devaluation of the currency and the demand for it becomes more. Several countries resorted to writing off zeros of their currency, with the aim of restoring some confidence in the national currency by trying to absorb inflation represented by high prices and the erosion of purchasing value. Sumaisem indicated that the time is not appropriate to manipulate zeros or the currency because its value will change, and with regard to removing zeros, this requires monetary stability and that was decided during the era of Sinan al-Shabibi administration of the Central Bank. The economic expert called for improving the status of the dinar so that every 100 dinars would be equal to 100,000 Iraqis, and thus raising the zeros so that every 100 dollars equal to 100 Iraqi dinars, and thus the dinar would be equal to the dollar. But Sumaisem believes that raising the zeros is not possible at the present time, due to the monetary and economic crisis that Iraq suffers from. And deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. The Iraqi Minister of Finance proposed reducing the price of the Iraqi dinar as a measure to confront the financial crisis, as Sumaisem believes that this proposal will be the closest scenario .. and will prevent compromising the storage in the central bank.

LINK Baghdad sends one billion dinars to Erbil as financial dues to farmers 17th September, 2020 The Director of Silo, Erbil Governorate, Hayman Sayed Murad, announced, on Thursday, that the federal government has sent more than one billion dinars in financial dues, for marketing the wheat crop from farmers in Erbil during the current year 2020 The governorate website quoted Murad as saying that the amount is one billion and 85 million dinars, pointing to the start of distributing the sums to farmers next week The spokesman for the Prime Minister, Ahmed Mulla Talal, confirmed on Tuesday that the 2021 budget will prove the Kurdistan Region’s share of oil and consolidate the agreements that took place in the past

LINK Parliamentary Finance: Parliament needs two weeks to approve the 2020 budget 17th September, 2020 Member of Parliament's Finance Committee, Jamal Cougar, revealed the date for approving the draft general budget for the current year, in preparation for solving a major crisis Cougar said, "The Iraqi government obtained 15 trillion Iraqi dinars from internal borrowing, and fully satisfied it, while it was unable to obtain external borrowing of 5 billion US dollars He added, "Iraq's failure to obtain the amount of external borrowing put the government in a crisis. Therefore, the federal budget was submitted to Parliament for approval, so that they can borrow more from home and abroad Couger explained, "The general budget, after arriving in the House of Representatives, passes through 3 stages: a first reading, a second reading, then voting according to the law on the two readings and voting within a period of time not less than two weeks. Therefore in all cases the budget is delayed by Parliament at least 14 days He alluded to "the reasons why Iraq was unable to obtain external borrowing," saying: "The IMF and the World Bank, and the countries when they give loans, have harsh conditions, because they impose agendas so the Iraqi government did not agree A member of the Finance Committee in Parliament, a representative of the Kurdistan Islamic Union bloc, concluded, saying that "the other countries that had given loans and grants to the Iraqi state before, Iraq could not achieve its goals or objectives or the purpose of borrowing, so the conditions for external borrowing are either direct implementation or allocating funds." For certain projects, the government wants them to pay the salaries

Salaries of Iraqi employees ... a deputy determines who are included in the amendments to the reform paper 10,962 Economie 09/15/2020 20:41 amm Baghdad today - Baghdad Today, Tuesday (September 15, 2020), a member of Parliament and a member of the Parliamentary Finance Committee, Jamal Cougar, said that the reform paper prepared by the government for reforms will include an adjustment in the salaries of specific groups in the Iraqi state. "The reform paper that the government of the Prime Minister, Mustafa Al-Kazemi, intends to present to Parliament will include a reform in the salary file that focuses on reducing the salaries of the higher ranks, without prejudice to the salaries of the rest of the employees," Cougar said in a televised interview. He continued, "It is expected that the Ministry of Finance will prepare a reform paper focusing on 4 points, to be delivered in mid-October." He added that "the first point will be concerned with the structure of economic policy, the structures of ministries and the sections of exchange, while the second point will be stopping waste in budgets." And that "the third point will include work to maximize resources and get out of the rentier state that is approved for oil imports by 95%," noting that "the fourth point will be the provision of an investment environment, in various regions of Iraq." The Finance Committee in the House of Representatives revealed, earlier, that the government will send the first draft of the reform paper, consisting of several laws and austerity economic decisions, to the House of Representatives at the end of this September,adding that the final draft will be sent to Parliament in November next along with the Federal Budget Law for the year 2021. MP Jamal Cougar says, "The Minister of Finance, Ali Abdul Amir Allawi, pledged in his last meeting with members of the Parliamentary Finance Committee to submit the initial draft of the reform paper at the end of this September, which includes a number of austerity laws and decisions," indicating that "this reform paper will determine budgets. Specific to different areas. " He added that "the first model of the reform paper that the government will present will be presented for discussion in a very narrow circle, and attendance in it will be limited to specific personalities such as heads of concerned parliamentary committees and some ministers," stressing that "the Minister of Finance committed himself to presenting an integrated reform program in the coming period." The House of Representatives had stipulated, in exchange for passing a draft law on domestic and external borrowing submitted by the government to pay the salaries of employees, retirees and social welfare, the Ministry of Finance sent the economic reform law within a period of sixty days after the vote on the borrowing law, but the government did not send it despite the end of the specified period. Couger added, "The Minister of Finance has also pledged to the Parliamentary Finance Committee to present the second draft or the second model of the reform paper for discussion in mid-October, provided that the discussion circle is wider than the first phase," adding that "the third stage of the reform paper will be attached to a bill." The federal budget for 2021, which will be sent to Parliament in November. The Finance Minister pledged to prepare the reform paper before the House of Representatives, but he admitted that the reform program will not be easy, as he said, "The economic reform program needs a long time because the economic situation in Iraq is going through embarrassment due to the repercussions of previous cumulative economic policies." He added that reform, after the paper was approved, "needs five years" of continuous and diligent work. LINK

LINK The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar 17th September, 2020 The new Central Bank Governor, Mustafa Mukhaif Al-Kitab, affirmed that he had put in place a "deliberate banking plan" to develop the bank's work, strengthen the national currency and address negatives, while the head of the Supreme Judicial Council, Judge Faik Zaidan, stressed the need to adhere to banking laws and the anti-money laundering and terrorist financing law. The media office of the Central Bank said in a statement received by Al-Mustaqilla today, Thursday, that “The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Faik Zaidan.” The statement quoted the book as saying that "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency and deal with negatives in cooperation with the courts specialized in joint work with the central bank." For his part, Zidan said, "The selection of independent personalities from among the affiliates of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Central Bank of Iraq law." Zidan stressed, "The need to adhere to banking laws, the law against money laundering and terrorist financing, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

Yes there is a decisive plan that is about 15 years old.... Let's get 'er done!!!

09-17-2020 02:12 PM The head of the Judicial Council stresses the importance of preserving the independence of the Central Bank Baghdad / Al-Akhbariya The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, announced, on Thursday, the development of a studied banking plan to develop the bank's work and strengthen the national currency. The bank said in a statement, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb al-Kitab, met with the President of the Supreme Judicial Council, Judge Dr. Faik Zaidan." The statement added, "During the meeting, the governor of the Central Bank confirmed that a deliberate banking plan had been developed that would develop the work of the central bank, strengthen the national currency, and address negatives in cooperation with the courts specialized in joint work with the central bank." During the meeting, the President of the Supreme Judicial Council stressed, according to the statement, that "the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Central Bank of Iraq law." . Zidan stressed "the necessity of adhering to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

Governor of the Central Bank: A deliberate banking plan has been developed to strengthen the national currency Time: 09/17/2020 14:10:20 Read: 1,183 times (Baghdad: Al Furat News) The Governor of the Central Bank, Mustafa Ghaleb al-Kitab, met with the head of the Supreme Judicial Council, Faik Zaidan. During the meeting, the governor of the Central Bank confirmed, according to a statement from his media office, that "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency and address negatives in cooperation with the courts specialized in joint work with the central bank." In turn, the President of the Supreme Judicial Council stressed during the meeting that "the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as stressing the importance of preserving the independence of the Central Bank in accordance with the constitution and the law of the Central Bank of Iraq", stressing "The need to adhere to banking laws, the law against money laundering and terrorist financing, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development." Mohameed

That’s To Go With The Constant Case Of ‘Blue Bawls’ From Years Of Being In This Investment !

LINK The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar 17th September, 2020 The new Central Bank Governor, Mustafa Mukhaif Al-Kitab, affirmed that he had put in place a "deliberate banking plan" to develop the bank's work, strengthen the national currency and address negatives, while the head of the Supreme Judicial Council, Judge Faik Zaidan, stressed the need to adhere to banking laws and the anti-money laundering and terrorist financing law. The media office of the Central Bank said in a statement received by Al-Mustaqilla today, Thursday, that “The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Faik Zaidan.” The statement quoted the book as saying that "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency and deal with negatives in cooperation with the courts specialized in joint work with the central bank." For his part, Zidan said, "The selection of independent personalities from among the affiliates of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Central Bank of Iraq law." Zidan stressed, "The need to adhere to banking laws, the law against money laundering and terrorist financing, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

GregHi Senior Member Members And In Somewhat Of A Barely Even Related Story ... President Davis And His Entire ‘Liquor Cabinet’ Consisting Of George Clooney And The Bro’s - Completely Passed Out Yet Again At Another Daily Happy Hour ...

Hi everyone 😘 Looks like Sumaisem thinks they can increase the value of the Dinar to 1000 to 1 dollar, then re-denominate by deleting the zeros to place the dinar on par with the dollar if Iraq were not in such a financial crisis.

And It Looks Like His New CBI Governor Has Got His Marching Orders ... And Has Hit The Streets Running To STRENGTHEN THE DINAR ! LINK The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar 17th September, 2020 The new Central Bank Governor, Mustafa Mukhaif Al-Kitab, affirmed that he had put in place a "deliberate banking plan" to develop the bank's work, strengthen the national currency and address negatives, while the head of the Supreme Judicial Council, Judge Faik Zaidan, stressed the need to adhere to banking laws and the anti-money laundering and terrorist financing law. The media office of the Central Bank said in a statement received by Al-Mustaqilla today, Thursday, that “The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Faik Zaidan.” The statement quoted the book as saying that "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency and deal with negatives in cooperation with the courts specialized in joint work with the central bank." For his part, Zidan said, "The selection of independent personalities from among the affiliates of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Central Bank of Iraq law." Zidan stressed, "The need to adhere to banking laws, the law against money laundering and terrorist financing, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

LINK Foreign Ministry Calls On Europe To Remove Iraq From The List Of Financing Terrorism And Money Laundering 17th September, 2020 Foreign Minister Fuad Hussein renewed the call for the European Commission to remove the name of Iraq from the list of high-risk countries in the field of terrorist financing and money laundering. "Minister Fouad Hussein met with Josep Borrell, the High Representative for Foreign Policy and Security in the European Union at the European Commission headquarters in Brussels," the Foreign Ministry said in a statement, which the Independent received a copy of today, Thursday, explaining that "the minister appreciated the European Union's stances in support of Iraq in the developmental fields." And praising the Union’s keenness to provide political and economic support to Iraq, especially its assistance in the field of confronting the Corona pandemic and limiting its spread. The statement added that "the two sides discussed the meetings of the Joint Committee for Human Rights and Democracy that were held between the two sides on 9/8/2020, and stressed the importance of the partnership and cooperation agreement concluded between Iraq and the European Union countries, as it represents the strategic framework for the relationship between the two sides", pointing to "the importance of The resumption of holding meetings of the remaining sub-committees resulting from the Partnership and Cooperation Agreement between the two sides, namely the Trade and Energy Committees. The minister affirmed, according to the statement, “Iraq's commitment to the principle of respecting the sovereignty of states and non-interference in their internal affairs,” expressing his “absolute rejection of Iraq becoming an arena for conflict between the competing parties, or a starting point for aggression against any other country,” stressing “the need to support Iraq's efforts to be a factor of stability and harmony in the region and the world. The minister touched on “the government's decision to hold early elections next June, and its aspiration to cooperate with international parties interested in this matter.” The statement continued, "The two sides discussed the issue of removing Iraq from the European Commission’s list of high-risk countries in the field of money laundering and terrorist financing," again, “inviting the relevant authorities in the commission to accelerate the opening of a dialogue with the relevant technical authorities in Iraq; In order to complete the evaluation of Iraq's performance in this field, and remove its name from this list. The Foreign Minister called on Borrell to visit Iraq as soon as possible to discuss ways to strengthen bilateral relations between the two sides. ############ Iraq calls for the removal of its name from the list of high-risk countries LINK

The first move of the new Iraqi central bank governor 2020.09.17 - 14:06 Baghdad - People The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, announced, on Thursday, the development of a studied banking plan to develop the bank’s work and strengthen the national currency. The bank said in a statement, "Nass" received a copy of it, (September 17, 2020), that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Dr. Faiq Zaidan." "During the meeting, the governor of the Central Bank confirmed that a deliberate banking plan had been developed that would develop the work of the central bank, strengthen the national currency and deal with negatives, in cooperation with the courts specialized in joint work with the central bank," Al-Baya added. During the meeting, the President of the Supreme Judicial Council stressed, according to the statement, that "the selection of independent personalities from among the employees of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Central Bank of Iraq law." . Zidan stressed "the necessity of adhering to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development." On Monday, Prime Minister Mustafa Al-Kazemi made changes to a number of important positions, which included 16 personalities in senior positions. And "People" (September 14, 2020), obtained a copy of a document, which included the changes that Al-Kazemi made in a number of bodies, banks, the secretariat and agencies of a number of ministries. The document included the following changes: Mustafa Ghaleb Makheif - Governor of the Central Bank Manhal Aziz Raouf Al-Haboubi - Secretary of the Capital Sami Al-Masoudi - Head of the Hajj and Umrah Authority Alaa Jawad Kazem - Head of the Integrity Commission Salem Jawad Abdul Hadi Chalabi - President of the Iraqi Trade Bank Faisal Wissam - Chairman of the Securities Commission Soha Dawood Elias Al-Najjar - Chairman of the Investment Authority Nizar Qahtan Hassan Al-Tamimi - Deputy Minister of Electricity for Distribution and Transportation Affairs Talib Abdullah - Technical Agent at the Ministry of Transport Hussein Hassab Abdul Hussein - Administrative and Financial Agent at the Ministry of Interior Abeer Mahdi Mohsen Chalabi - Deputy Minister of Labor for Social Affairs Ahmed Hamid Sharqi Farhan - Deputy Minister of Labor for Labor Affairs Abdul Rahman Hassan Khaled - Deputy Minister of Youth and Sports Khaled Al-Obeidi - Deputy Head of the Intelligence Service for Operations Affairs Faleh Younis Hassan Jadou - Deputy Head of the National Security Agency for Administrative Affairs Karim Hussein Ali Al-Nouri - Deputy Minister of Immigration and Displacement.

And Frank Is ‘Stoned’ !

Hi Adam . I Love The NEW LOOK. ! ! And BLUE ..🦋..Just Happens To Be My Very Favorite COLOR. ! ! ! 🦋 I have just one Question, if I May. I used to be able to click on a little box in the upper right hand corner......an Create Beautiful Colored lettering. It’s not there now. Wondering If will be back ? I am ,However, Very Appreciative for all the hard work You and your Staff do, for All of us ‘ Dinarians ‘ ! !

If this is what cbi want to do.. honestly i think long ago cbi should do that..because anytime cbi can lop..it just cost cbi print new cureency..no need economy strength This kind of situation normally use to be in country wity high inflation right? Iraq is a low inflation country And if we read imf report..iqd appreciate around 5% annually..

See ya at the bank nannab! We’ll make it a jammy party 🥳🎉

You say that like it’s a bad thing.. lol Thuggy if you think for even a second that I’m an alcoholic, rest assured, I have never gone to those meetings.. hic up..

I know, right??! The headline was a straightforward question: “Is it possible?” I wish there was just a yes or no answer rather than a bunch of history and strangely worded translation... 😜 But, on the bright side, they are talking openly about it!

It has been almost 17 years. No more b.s. No more delay. Just do it and get'er done immediately. Go rv

Good one Thugs. I guess Iraq thinks they have a handle on their corruption.

LINK Fuad Hussein from Brussels: Iraq is a promising country and holds the future, and we call on neighboring countries to respect sovereignty 09/17/2020 17:12:09 Foreign Minister Fuad Hussein from Brussels, which is the second leg of his official tour in a number of European countries, explained that: Iraq is a promising country and owns the future, adding: We are trying to make it clear to neighboring countries that we want to establish balanced relations ... We ask neighboring countries to respect the sovereignty Iraq, and non-interference in its affairs. This came when the Minister was hosted by the European Press Club in the Belgian capital, Brussels. Indicating: that Iraq is looking forward to expanding its relations with European countries, and expanding cooperation with them in all fields, calling on European companies to invest, especially in the field of energy, and the oil and gas industries. Noting that Iraq seeks to find balanced relations with neighboring countries, and not to use its lands against any neighboring countries, stressing the need to respect the sovereignty of Iraq, the sanctity of its lands, and not to interfere in internal affairs. Their affairs. In response to the questions of a number of journalists, the Minister touched on the developments in the political and security situation in Iraq, noting that: Iraq has faced several challenges, including: terrorism, the decline in international oil prices, and the face of the Corona pandemic. Indicating: We are trying to deal with Corona virus in cooperation with different countries, pointing out that: The decline in oil prices has led to something similar to the economic crisis. On the security issue, the Minister warned that the terrorist organization ISIS is still a threat to Iraq, neighboring countries and the world at large, and they are trying to reorganize themselves in Iraq, Syria and some African countries.

Trumps "people" seem to be more aligned to the Constitution and the Rule of Law than they are to Trump....now the left.....especially the Obama crew......there's a bunch of ruthless law breakers.....CL

true that SP , the iqd rate was 1187 for a long time, one can only hope thats not the Plan . shabibi would use the term giving the iqd power or making it powerful , a higher rate inside iraq gives the users purchasing power outside the border reveals how strong any currency rate is in international commerce which is where iqd speculators / investors hope resides .. cheers , letsroll

The new central bank governor: We have put in place a deliberate plan to develop work and strengthen the dinar Economie 2020-09-17 | 07:06 1,122 View The new Central Bank Governor, Mustafa Al-Kuttab, revealed, on Thursday, that a "deliberate banking plan" has been developed to develop the bank’s work, strengthen the national currency and address negatives, while the President of the Supreme Judicial Council, Judge Faik Zaidan, stressed the need to adhere to banking laws and the anti-money laundering and terrorist financing law. The media office of the Central Bank said in a statement that Alsumaria News received a copy of, that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, met with the President of the Supreme Judicial Council, Judge Faik Zaidan." The statement quoted the book as saying that "a deliberate banking plan has been developed that will develop the central bank's work, strengthen the national currency and address negatives in cooperation with the courts specialized in joint work with the central bank." For his part, Zaidan said, "The selection of independent personalities from among the affiliates of state institutions to manage these institutions gives an indication of the government's seriousness in pursuing the professional institutional approach in building the state, as well as emphasizing the importance of preserving the independence of the Central Bank in accordance with the constitution and the Iraqi Central Bank Law." Zidan stressed, "The necessity of adhering to banking laws, the anti-money laundering and terrorist financing law, and the instructions issued pursuant to them, to build a solid banking sector capable of facing financial and economic challenges and providing real opportunities for development."

Kadhimi’s Rolling Reshuffle (Part 2): Protecting Iraq’s Economic Institutions and Borders Michael Knights September 15, 2020 https://www.washingtoninstitute.org/policy-analysis/view/kadhimis-rolling-reshuffle-part-2-protecting-iraqs-economic-institutions-an As technocrats increasingly fill key government roles, U.S. officials need to help Baghdad withstand the inevitable counterpunch from political and militia factions used to dictating such appointments. On September 14, Baghdad announced a range of strategic leadership appointments for institutions tasked with overseeing Iraq’s economy, borders, and anti-corruption efforts—a list that includes banks, customs authorities, airports, seaports, land crossings, municipal bodies, investigative committees, and more. The ambitious scope of the appointments and the centralized manner in which they were made says a great deal about Prime Minister Mustafa al-Kadhimi’s commitment to changing the corrosive status quo in Baghdad. The question now is whether his government can withstand the coming pushback from militia and political elements who benefit from that status quo. The following is a digest of the new technocratic appointments and their implications; see Part 1 of this PolicyWatch for a discussion of Kadhimi’s recent military reshuffling. PROTECTING NATIONAL SYSTEMS One of the main drivers behind Iraq’s long-building surge in militia influence and corruption has been the hijacking of strategic economic systems by political blocs that guide the selection and decisions of important officials. The leadership changes instituted since Kadhimi came to power in May are intended to free up many of those systems and reduce opportunities for negative actors to exploit them. The formal purpose of the September 14 appointments was to replace incumbents whose terms expired in July, but crucially, the choices were not guided by the typical quota used to split posts between parties. Central Bank of Iraq (CBI). Mustafa Ghaleb has been named the CBI’s new governor after long service as its head of legal affairs. A nonpartisan figure with a history of resisting political pressure, he will now take the lead on implementing bank reforms and protecting the dollar auction process against interference from Iran, militias, and other corrupt actors. Trade Bank of Iraq (TBI). Salem al-Chalabi, previously an advisor to the prime minister, is the new head of the TBI. This places a known international financial and legal figure at the heart of an agency that holds a virtual monopoly on Iraq’s multi-billion-dollar market for issuing letters of credit. National Investment Commission (NIC). New commission head Suha Dawood Elias al-Najjar is a British-educated economist and asset manager with extensive experience in banking and corporate finance. Baghdad municipality. Manhal al-Haboubi is the new mayor of inner Baghdad, placing him atop the municipal organ known as the Amanat. Kadhimi previously planned to assume this role himself, but it will now be in the hands of a world-renowned architect and independent civil engineer—and therefore out of the hands of political parties who would have used it to feed patronage and corruption networks ahead of the next national elections. Securities exchange. Former TBI head Faisal al-Haimus has been named head of the Baghdad stock exchange. (Early reports that political appointee Hasan Hallbus Hamza al-Shammari would receive this post were incorrect.) Committee on Integrity. Judge Alaa Jawad Hamid originally headed the committee until 2014 and has now been named to oversee it again. As the next section explains, however, it may not be the locus of real anti-corruption action going forward. Deputy ministers. New deputies were appointed at key economic ministries including oil, transport, electricity, agriculture, and labor (two deputies). The focus was on elevating technocrats from within each ministry. Supreme Technical Committee for Information and Communications Security (STC-ICS). Kadhimi revived this body on June 23 after it had been out of commission for five years. Militia leaders and allied politicians colluded to deactivate it in 2015, paving the way for a Lebanese Hezbollah-controlled company to take the lead in providing national network security in Iraq. ANTI-CORRUPTION WITH TEETH On August 27, a new Deterring Corruption Committee was established under retired general Ahmed Taha Hashim (aka Abu Ragheef), a legendary (if controversial) disciplinarian who headed internal affairs at the Interior Ministry during a brutal period of factional infighting in 2004-2005. Consisting of in-house judges and representatives from the Iraqi National Intelligence Service (which Kadhimi still formally heads), National Security Service (NSS), and Counter Terrorism Service (CTS), it has the authority to seize evidence and make arrests. The first such arrest was made in Baghdad on September 15: Ahmed al-Saidi, former director of the national pension fund. Going forward, this cell is likely to focus on strategic cases of national importance at the prime minister’s direction. In determining its capability to undertake high-impact investigations of the kind called for by Grand Ayatollah Ali al-Sistani on September 13, Kadhimi will likely draw on support from other sources of legitimacy—including Sistani himself as well as President Barham Salih, Iraqi protestors, civil society, and international organizations. PROTECTING BORDERS, AIRPORTS, AND CUSTOMS The Kadhimi team has quietly moved to strengthen government control over important sources of revenue, thereby securing funds for the cash-strapped government while denying them to militias. Iraqi Civil Aviation Authority (ICAO). On June 25, well-known civilian pilot Nael Saad Abdul Hadi was appointed as the new ICAO head, allowing the former director to retire in safety after militias had warned him not to resign of his own accord. The new leadership then began the process of barring companies controlled by the Iran-backed militia Kataib Hezbollah from bidding for ground services and providing security at airports. Umm Qasr port. On July 16, all four directors of the port’s northern, central, southern, and Basra customs centers were sacked along with their deputies. After appointing replacements, the government posted army forces to protect the port and the new directors, with units rotating every two weeks to reduce the risk that corruption will set in again. Land crossings. In July, the government deployed new monitoring forces to some of the country’s most militia-dominated border crossings—Mutheriyah (on the Diyala-Iran highway), al-Qaim (on the Anbar-Syria border), and Shalamcheh (on the Basra-Iran trade route). At the latter crossing, physical fortifications were established to better channel vehicle movements through customs, a good first step toward tightening the borders. Digitization of border revenues. A long-delayed contract to digitize customs collection is being expedited through Iraq’s still-tortuous procurement process. IMPLICATIONS FOR U.S. POLICY The Kadhimi government has tried something ambitious and risky with its economic reshuffle: centralizing the selection of candidates for strategic roles without significant input from the political blocs. This breaks a golden rule of Iraqi politics, namely, observance of the muhasasa, the longstanding system of party and ethnic patronage. Accordingly, the latest appointments will require Kadhimi to deal with harsh pushback from an enraged political class, especially the Iran-backed Fatah coalition. In public, Washington should quietly acknowledge and welcome such appointments. Behind the scenes, however, U.S. officials and other international partners can confidently celebrate them as a sign that Kadhimi’s team is on the right trajectory and is willing to take (some) major risks. In addition, Washington should urgently cultivate vocal Iraqi support for the appointments by quietly engaging key politicians and factions—most of all parliamentary speaker Mohammed al-Halbousi, who often leans toward the Iran-backed bloc at such moments and could guide the legislature toward approving the new officials. Washington should also engage the Kurdish parties, Ammar al-Hakim’s Iraqiyun coalition, and prominent figures like Ayad Allawi and Haider al-Abadi. Absent U.S. encouragement, these actors may be tempted to criticize the reshuffle for their own parochial interests, especially if they suspect that some of the technocratic appointments serve hidden party agendas. In the past four months, practically all parties have accused other factions of secretly guiding such appointments, even though many technocrats were chosen as the least politicized options available to Kadhimi. Whatever new accusations may emerge, the United States should not be drawn into the nitty-gritty of Iraqi infighting. Instead, it should stand firmly behind Kadhimi’s technocratic appointments and welcome them as an important step forward. Fatah and other Iranian-influenced elements will no doubt accelerate their efforts to unseat the current government, so Washington should signal clearly to Halbousi, Kurdish leaders, and moderate politicians that they should not reinforce this divisive campaign. Michael Knights, a senior fellow with The Washington Institute, has conducted extensive on-the-ground research in Iraq alongside security forces and ministries.