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Everything posted by HowieC
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Saturday Night Opinions @ 10:04 PM MST - 6/28/2025
HowieC replied to ronscarpa's topic in Dinar Rumors
''I still can't figure out how they're going to put 1310 in the digital display.'' I certainly hope I'm not more challenged than Frank! Wouldn't they simply add a decimal point and zeros? 😏 -
On July 1, government institutions will stop accepting cash payments 2025-06-28 On July 1 - government institutions will stop accepting cash paymentsAll government institutions will begin suspending the receipt of cash for various transactions starting next Tuesday, July 1st. Payments will be entirely electronic, a process already being implemented in most departments. In early June, Prime Minister’s advisor, Saleh Salman, stated that “Iraq has made significant progress in adopting electronic payment systems, with financial inclusion rising from less than 10 percent in 2018-2019 to approximately 40 percent currently.” He noted that “the number of point-of-sale devices has reached 60,000 to 70,000, while the number of bank accounts has increased to 22-23 million.” He explained that “starting in July 2025, all government payments will be made electronically, prohibiting cash payments through government institutions.” He noted that “the government has launched awareness campaigns to encourage the public to adopt electronic payment systems and move away from the traditional cash-based culture.” The Iraqi population is approximately 46 million, of whom approximately 17 million are under the age of 15. This translates to approximately 29 million adults. Meanwhile, the number of electronic payment cards is approximately 23 million, although most of the cards may be duplicates, meaning they are owned by the same person. However, overall, the financial inclusion rate is 40%, meaning that 60% of adults lack access to electronic payment services and do not have bank accounts or electronic payment cards. This means that less than 15 million people have this access out of the total adult population, while another 15 million lack this capability. This could lead to chaos in the electronic payment process if it is completely halted. This procedure has opened a new door to profit, as some employees or workers near government institutions and departments have exploited this loophole to turn it into a profession, where they provide their own cards to pay fees electronically to citizens in exchange for money exceeding the amounts paid for the fees. In other words, fees are taken for the payment process, or government departments take advance fees as a fine from the citizen because he does not pay electronically, without asking him in advance if he has an electronic payment card. If the fee for a particular government service is 40,000 dinars, the citizen is told that the fee is 42,000 dinars, without the citizen knowing what the story is about the extra 2,000 dinars, only to discover later that it is an advance fine for not paying electronically, as the employee takes the 2,000 dinars for himself, and he pays the electronic transaction using his own card. burathanews.com وكالة انباء براثا وكالة انباء براثا
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ALERT: Operation 'Rising Lion' Israel Strikes Iran.
HowieC replied to Luigi1's topic in Dinar Rumors
https://www.facebook.com/share/r/1AtVr7PLuj/?mibextid=9drbnH&s=yWDuG2&fs=e -
ALERT: Operation 'Rising Lion' Israel Strikes Iran.
HowieC replied to Luigi1's topic in Dinar Rumors
Khamenei Tells US That Iran Won’t Surrender to Israel -
HOT: Iraq Investment Forum Postponed Due To Rising Tensions.
HowieC replied to Luigi1's topic in Dinar Rumors
This conflict is just what we needed IMHO. I-rans regime is about to be wiped out. Along with it's influence on Iraq. We NOW have a real world leader in our President. -
Iraq announces Major Banking Sector Overhaul
HowieC replied to currenzcraze's topic in Iraq & Dinar Related News
I believe your on to something Goggles..... "They have no new news. They just keep rewriting the same news over & over & over. Have been for weeks" "This was a meeting on what was accomplished, not what needs to be done. We're fully aware of most of these entities inside of Iraq restructuring and monitoring their banking systems for quite some time." -
Sorry already posted in news
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Exactly...Good to see. Always questioned Alak...the Maliki installed puppet whose done everything possible to keep Iraq from prospering. Not to mention the gazillions He steals. Also not to mention the DS run CBI... Whose never wanted an RV. And we're sitting here hoping. Yes, it's good to see the GOI taking power. JMHO
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Wadih Al-Handhal: The majority of banks have demonstrated a high commitment to transparency and compliance standards. Economy News - Baghdad The head of the Iraqi Private Banks Association, Wadih Al-Handhal, confirmed on Wednesday that the majority of Iraqi banks have demonstrated a high commitment to transparency and compliance standards and have followed approved national and international regulations. During the second session of the Anti-Money Laundering and Combating the Financing of Terrorism Conference, attended by an Al-Eqtisad News correspondent, Wadih said that some of the recent measures imposed on a number of Iraqi banks do not reflect the true reality of the banking sector. He explained that the majority of banks have demonstrated a high commitment to transparency and compliance standards and have followed locally and internationally approved controls. Despite the negative impact of these measures on the image of the Iraqi financial system, he expressed his confidence in the sector's ability to regain the confidence of international partners and overcome this phase. He emphasized that the Iraqi banking sector is undergoing fundamental transformations, under an ambitious reform plan led by the Central Bank of Iraq with direct government support. The plan aims to enhance the efficiency of the financial system and bolster international confidence, particularly in the areas of compliance and anti-money laundering. Rich agenda and vital topics The conference will extend over two days, during which participants will discuss a number of research papers and vital topics, most notably: Challenges related to opening accounts with correspondent banks. Ways to enhance cooperation between Arab banks. The role of technology and artificial intelligence in supporting compliance efforts. Local and international legislation and the role of central banks in establishing sustainable compliance. In concluding his remarks, the Association President thanked Prime Minister Mohammed Shia' Al-Sudani for his continued support of the banking sector, and the Governor of the Central Bank, Dr. Ali Al-Alaq, for his reform efforts. He also commended the role of the Union of Arab Banks in organizing this important event, and thanked all the supporting and participating entities. 95 views Added 05/28/2025 - 10:38 AM economy-news.net وديع الحنظل: أبدت غالبية المصارف التزامًا عاليًا بمعايير الشفافية والامتثال أكد رئيس رابطة المصارف الخاصة العراقية، وديع الحنظل، اليوم الاربعاء، أن غالبية المصارف
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Iraq's oil exports to the US reached 5 million barrels in a month. energy Economy News - Baghdad The U.S. Energy Information Administration announced on Tuesday that Iraq exported more than 5 million barrels of crude oil and its derivatives to the United States during February 2025. A table from the administration showed that "Iraq exported 5,427,000 barrels of oil and its products during February, down from 7,136,000 barrels in January." The US Energy Information Administration reported that "the total crude oil exported from Iraq to the US in the same month amounted to 4,446,000 barrels, while the remaining 981,000 barrels were petroleum derivatives, which are non-condensate oils." Iraqi oil exports to the United States have increased significantly in recent years, with export figures reaching record levels in some months, partly due to Iraq's ability to increase its oil production. Added 05/27/2025 - 2:25 PM economy-news.net 5 ملايين برميل صادرات العراق النفطية إلى أمريكا في شهر أعلنت إدارة معلومات الطاقة الأمريكية، يوم الثلاثاء ، أن العراق صدر من النفط الخام ومشتقاته إلى
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Trade Bank of Iraq launches free cash deposit service via ATMs
HowieC replied to RJG's topic in Iraq & Dinar Related News
Nice of the bank to take your cash for free...😏- 11 replies
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https://www.instagram.com/reel/DIIcePrOVY2/?igsh=a3Vsc2o2MXhtZnYx
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US legislators introduce 'Free Iraq from Iran' bill
HowieC replied to HowieC's topic in Iraq & Dinar Related News
"Free Iraq from Iran" I may be reading into things.....But that sure sounds like a phrase our President would use. -
Republican Representative Joe Wilson, pictured, and Democrat Jimmy Panetta introduced the bill this week. AP Photo News US US legislators introduce 'Free Iraq from Iran' bill Act calls for a strategy aimed at 'irreversibly' dismantling all Iran-backed 'puppet militias' in Iraq. Willy Lowry Washington April 04, 2025 A bipartisan effort is under way in the US House of Representatives to find ways to diminish Iran’s influence in Iraq. Republican Representative Joe Wilson and Democrat Jimmy Panetta introduced the “Free Iraq from Iran” bill this week, calling for the creation of an “inter-agency strategy” on the subject. “I am grateful to introduce the Free Iraq from Iran Act,” Mr Wilson said in a post on X on Thursday. “This critical bipartisan bill will support the Iraqi people’s efforts to liberate their country from Iran.” Mr Wilson, who is the former chairman of the Middle East House subcommittee, has been an outspoken critic of Iran and recently called on Washington to designate several Iraqi paramilitary groups with ties to Tehran as foreign terrorist organisations. Mr Panetta was part of a bipartisan coalition that last year introduced legislation to improve security and military readiness between the US and Abraham Accords signatories in an effort to counter Iran in the Middle East. The new bill would direct agencies to develop a plan to aid Iraq in its efforts to rid itself of Iran’s influence. The strategy would be aimed at helping to “irreversibly dismantle all Iran-backed puppet militias in Iraq, including but not limited to the Popular Mobilisation Forces (PMF), and end Iran’s dominance of Iraq’s political system”. Iraq’s parliament is currently considering cementing the role of the PMF as a full-fledged arm of the state's security forces. The bill includes issuing sanctions on Iraq if it continues to import liquefied natural gas from Iran. Washington in March ended a waiver that allowed Iraq to import electricity from Iran, but left a waiver on natural gas in place. Iranian imports have been crucial in addressing shortfalls in Iraq's energy grid. Michael Knights, a senior fellow at the Washington Institute for Near East Policy, said the bill comes as some in Congress have grown frustrated by what they perceive of as a lack of action against Tehran. "It's a signal of frustration from Congress that the administration said they're going to be tough on Iran, but in the one place that's most economically valuable to Iran, the administration has done nothing," he told The National. The legislation also calls for a concerted strategy developed by the US Agency for Global Media to “enhance broadcasting efforts” in the country, with a focus on the government's “support of Iranian-backed puppet militias and Iranian-backed terrorist organisations”. President Donald Trump’s administration has slashed the agency's staff and budget, which could hinder its ability to implement the lawmakers' desired objectives in Iraq. In addition, the bill states that security assistance to Iraq would be halted unless all Iran-backed militias are dismantled, Iraq “ceases its support for terrorism” and the militias, and the PMF and other groups are removed from government. Separately, Mr Panetta and Mr Wilson have also introduced the Maximum Support Act, which calls for an inter-agency strategy to support internet freedom and counter-censorship efforts in Iran, and designates the Iranian Ministry of Intelligence and Security as a foreign terrorist organisation, among other actions. Updated: April 06, 2025, 12:23 AM
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Activation of TIR system in Iraq to boost connectivity and trade across Central Asia, Middle East and Europe SDGsTIR Sustainable DevelopmentTransport 27 March 2025 With its 78 Contracting Parties and electronic procedure (eTIR), the UNECE-serviced TIR Convention is a flagship international agreement that establishes a global customs transit system that facilitates speedy and secure border crossing of goods. As of 1 April 2025, Iraq will become the 66th country to operationalize the TIR system, making the transport of goods more efficient, streamlined and reliable, and opening up prospects for efficient transit routes to, from and through the Islamic Republic of Iran, Türkiye, Jordan, Kuwait, Saudi Arabia and Syria, and further to the United Arab Emirates, Oman and Qatar, all of which are also TIR operational. “The activation of the TIR system in Iraq will open up routes across the Middle East and make almost the entire Eurasian landmass – from China through Central Asia to Europe – TIR operational,” noted UNECE Executive Secretary Tatiana Molcean. “Most importantly, by ensuring greater connectivity between regional and international markets, it will help to boost trade and development.” Throughout the years, the application of the TIR Convention has enabled more than 34,000 transport and logistics companies in its 78 Contracting Parties to reduce cross-border transport time by up to 80% and costs by up to 38%. Launched in 2021, eTIR can reduce carbon emissions from the transport sector by eliminating the need for physical TIR carnets and the associated logistics and paper production, including the queueing and waiting times at borders. ShareFacebookTwitter United Nations Economic Commission for Europe Information Unit Tel.: +41 (0) 22 917 12 34 Email: unece_info@un.org Reproduction is permitted provided that the source is acknowledged. https://unece.org/sustainable-development/press/activation-tir-system-iraq-boost-connectivity-and-trade-across?fbclid=IwY2xjawJWs9FleHRuA2FlbQIxMQABHU6c11yOwgXop-h-ghIPnByWTGiZXNoEvF_TtDSvOIWVx5hgsMgKM3818w_aem_LvMyH5vZPdNbV-BUKgblUQ
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Start issuing entry badges at land ports electronically Money and Business Economy News - Baghdad The Border Ports Authority announced, on Monday, that it has begun issuing entry permits electronically at land ports. The authority said in a statement received by "Al-Eqtisad News" that "in line with the directives of Prime Minister Mohammed Shia Al-Sudani, to digitally transform, simplify procedures and move away from paperwork to provide the best services to citizens, the authority has begun, with the direct follow-up of Major General Omar Adnan Al-Waili, to install printers at land ports to issue identification badges to facilitate entry procedures to border ports directly at the port upon the instructions of the authority's headquarters, in order to quickly issue entry badges to the ports instead of using paper mail and correspondence and going to Baghdad." She stated, "This regulatory measure is very important because it prevents the entry of anyone who is not authorized to be present or conduct business within the border crossing." She continued, "The Security Permits Department at the Ports Authority, in coordination with the Operations and Plans Department, Networking Department, has begun linking the printers at the ports with the Authority's headquarters for the purpose of issuing badges to all employees working at the border ports, exit agents and their assistants, as well as merchant IDs and vehicle cards." He explained that "the linking has been completed at six border ports (Al-Mundhiriyah, Mandali, Zurbatiyah, Al-Shaib, Al-Shalamjah, Safwan) and work is underway to complete the remaining land ports." It is worth noting that the work used to take several days, but now the time has been shortened and the completion can be done in a matter of minutes. To receive more news, subscribe to our channel on Telegram Added 03/24/2025 - 3:37 PM economy-news.net المباشرة بإصدار باجات الدخول في المنافذ البرية إلكترونياً أعلنت هيئة المنافذ الحدودية، اليوم الاثنين، عن المباشرة بإصدار باجات الدخول في المنافذ البرية
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2025 Budget: Controversy over Jobs and Delays Confuse Accounting
HowieC replied to RJG's topic in Iraq & Dinar Related News
"Controversy over Jobs and Delays Confuse Accounting" Now they've DONE IT....They've CONFUSED ACCOUNTING ! Oh Shoot.......Big BS camel humpers...GMAB and do it to it! -
For sure the day will end with a "Y"