Reez

The paper added that "the document includes dialogue sessions to develop all the details related to the objectives to be achieved, including building the capacity of members of Parliament with regard to leaving the traditional budget or budget known as the balance and the transition to start preparing the budget programs and plans and the ability to follow the National Plan for Sustainable Development 2030😁👍👍nice moving forward from the old fashion way

#with that being said yarr hehe excuse me typo sorryyy my bad🙏🙏😅🤦‍♂️✌

Minister of Commerce meets the American ambassador in Baghdad and discusses with him ways to develop economic and commercial relations The Minister of Commerce, Dr. Mohammad Hashim Al-Ani, met US Ambassador to Iraq Matthew Toler. The two sides discussed during the meeting the issue of accession to the World Trade Organization WTO The Iraqi side explained the steps taken by Iraq to join the Organization and the most important required files related to the accession process according to the requirements of the current stage, the most important of which is the file of the foreign trade policy of Iraq and the file of the initial offer of goods and services and the file of the legislative implementation plan and the intellectual property file.  Al-Ani said during the meeting that Iraq is keen to develop its trade and economic relations with all countries in the world, especially the United States of America, in the light of the government program announced by the Prime Minister and ratified by the Parliament, in addition to the importance of developing joint relations at all levels and seeking to open new channels of communication with countries the world . For his part, the US ambassador called for the development of relations and activating them in the economic aspect, stressing the importance of the forum, which will be held during the next few months and includes businessmen between the two countries that Iraq has a fertile land encourages investors to enter the Iraqi market and this forum includes all economic and trade, agriculture and industry to the jealousy of Other fields. Posted By: admin Date: 24-06-2019 Time: 09:28:43 AM Read: 27 Link : http://www.mot.gov.iq/index.php?name=News&file=article&sid=5233 This year has been amazing with meeting's such as this. Sure looks like they gonna kick some tradeable new convertible currency worldwide IMF Article VIII style & hopefully sooner than later. In my humble opinion 2020 sure looks like they gonna have so much more to do & achieved in progress economically. With that being sad i have no clue whatsoever when they gonna do it nor did anyone i believe,.. but just sayin next year sure looks like promising at least for them in all aspect if they stick to the plan & everything went smoothly. Go Rv Go open economy worlwide😎💰🌎

Central Bank Governor: We are proud of Samir Al Nusairi's book and thank the Association of Banks for its support Banks Economy News - Baghdad The governor of the Central Bank of Iraq praised the contents of the latest book by banking expert Samir al-Nusairi, entitled "Light in the last tunnel", and thanked the Association of Iraqi private banks to support such efforts in the interest of the local economy. "I can say that the author of this book is the light in the first tunnel, and this stems from my personal follow-up to the intellectual output of the writer of the book and his continuing role in the correction," Al-Alak said in a speech at a ceremony marking the signing of al-Nasiri's book at the headquarters of the Association of Iraqi Private Banks in Baghdad. And follow-up and a statement of opinion in various areas and places, "noting that" is characterized by a special nature, as the view of the writer is a holistic view and not partial. " He added that "Samir Nusseiri wrote the book with open eyes on the reality of the Iraqi economy as a whole, and this subject is very important because the banking sector and all policies that are linked to this sector is undoubtedly part of a large system affect each other," pointing out that "Nasiri when he writes It speaks of reality in all its dimensions, and its various effects on this sector, whether affected by what is going on around him or affect what surrounds him. "We have a lot of indicators and facts in the central bank that prove this fact. Unless there is a holistic view of our reality, it is difficult to make fundamental structural changes. For example, in the absence of stimulus programs for the real industrial and agricultural sector, "But the real rate of implementation in these initiatives is still modest, although everyone is talking about the need and the need of the country to stimulate real sectors and provide significant investment opportunities in this area." "When we talk about the banking sector today, as the book speaks, and it looks at all the things that are related to the economic aspects and looks at it from this perspective, for example the issue of selling the dollar by the central bank, I said why we all talk about one side is the supply side , And why not talk about the other side of the demand for the dollar, "noting that" when we talk about the demand for the dollar, then we will correct the large structural imbalances that exist in our economic reality, but when we press on the offer by the Central Bank will create large imbalances in the Iraqi economy, It will affect all economic activities, monetary stability, exchange rate and so on. " The central bank governor asked: "Why are those who respond to the request to be held accountable, without accounting and analyzing the other side of the demand, and how it occurs due to a significant shortage in the real sectors and their inability to satisfy the demand of domestic demand from agriculture and industry, in addition to other aspects such as health, "And when I read the book of Nasiri from the cover of the cover and his grandmother talking about these things, and we are proud of the tender, and thank the Association of Iraqi private banks to create such conditions and atmosphere and support for such trends. Views 202 Date Added 20/06/2019 What is Alak trying to say about demand for the dollar ??😅🙏 "noting that" when we talk about the demand for the dollar, then we will correct the large structural imbalances that exist in our economic reality, but when we press on the offer by the Central Bank will create large imbalances in the Iraqi economy, It will affect all economic activities, monetary stability, exchange rate and so on. "

Deputy Prime Minister for Economic Affairs and Minister of Finance chairs the eighth meeting to prepare the strategy of the state budget for the year 2020-2022 Wednesday 19 June 2019 Chaired by Deputy Prime Minister for Economic Affairs and Finance Minister Mr. Fuad Hussein , an expanded meeting of the Commission on the numbers of Strategy of the state budget for the year 2020-2022 at the ministry 's headquarters During the meeting, which was attended by a number of members of the Finance Committee in the House of Representatives and the Undersecretary of the Ministry of Finance and managers of banks and bodies discuss the strategic objectives of Rafidain and Rashid, which seek to lead to achieve stability and financial inclusion and sustainable economic development through strengthening and diversifying banking operations and strengthening the role of the bank in the national economy ensuring a competitive environment, ensuring the best banking services and seeking an international partnership with global banking and financial institutions The bank also discussed the future visions of the Agricultural, Industrial and Real Estate Bank, and discussed ways to increase revenues, expand bank capital, modernize the mechanisms of disbursement of loans, automate the bank's work and contribute effectively to the development of the agricultural sector. As for the Industrial Bank, the bank directed to finance various projects of various types, granting loans and facilities to industrial projects, On the policy of reducing interest rates on loans and facilities and increase the capital of the bank, which is of great importance in the implementation of projects and future plans and seeks to expand the bank base and the opening of new branches either goals The real estate bank seeks to achieve the principle of financial stability of the bank and support economic activity and stimulate housing loans for individuals and companies as discussed the goals and visions of the future of the Department of Public Debt main objective is to reduce borrowing in general and increase payments and activate the secondary market for securities in cooperation with the Central Bank and the Iraqi market The meeting was attended by Directors General of the Ministry of Finance and other ministries and governorates They have reached meeting no.8 for the prep of budget 2020-2022. A very careful & strategic planning i must say

Nice one thanks mate🤗👍👍👍🌍💰🎯🏌️‍♂️

Yup my man & with all the hoopla about closing down on corruption,exchange rate & monetary policy somethin is definitely brewing up. Cheers mate☕🙏😎👍

Thanks Yota🙏👍👉keyword "open up to all international markets"🎯. Looks like that is what Iraq is pursuing right now. Perhaps only a matter of right timing now.

Patience is all we have & hopefully with all the current news progress it will pay off sooner than later. Stay on track & keep da faith😎🙏🤝🤞

BACK Joint Statement on the U.S.-Iraq Trade and Investment Framework Agreement Council Meeting 06/14/2019 Washington, D.C. – On the 14th of June 2019, the second session of the United States-Iraq Trade and Investment Council convened in Washington, D.C., which was established under the Trade and Investment Framework Agreement signed between the two countries in 2005. The Council was co-chaired by Iraq Minister of Trade Dr. Mohammed Hashim Al-Ani and Deputy U.S. Trade Representative Jeffrey Gerrish. During the meeting, Iraq and the United States discussed a range of bilateral trade and investment issues. U.S.-Iraqi cooperation in these areas aims at further integrating Iraq into the global economy and seeking ways to promote greater reciprocal market access, thereby creating jobs and attracting investment to both countries. In this regard, the United States expressed its support for Iraq’s decision to reengage in the accession process of the World Trade Organization (WTO) and to undertake the domestic reforms required to conform to WTO obligations and liberalize tariffs and trade in services. The United States also expressed its support for the decision by Iraq to accept tax declarations prepared according to international financial standards. To attract foreign direct investment in priority areas, Iraq acknowledged the need for a strong, appropriate, and suitable investment environment with transparent regulations. Iraq has assured the United States that it will issue 12-month multiple entry visas to U.S. citizens and facilitate visits by the National Investment Commission for U.S. investors through granting 6-month multiple entry visas via a visa-issuing special office located at the airport. In the meantime, the Commission is working on implementing a single window system to facilitate and streamline procedures, and working with the Ministry of Finance and the World Bank to improve Iraqi banks’ performance and furthering their support to small and medium projects. Furthermore, the Government of Iraq is working with the United Nations Conference on Trade and Development to implement the single-window system for business registration that could reduce challenges encountered by investors. To improve bilateral and reciprocal market access, the United States raised the issue of reducing unnecessary documentation requirements and using international standards. The United States also encouraged Iraq to reduce its tariff on poultry. Iraq and the United States also discussed rice and wheat imports and the transparency of Iraq’s grain tendering process under two memoranda of understanding. To increase purchases of medicines, medical devices, and equipment, Iraq and the United States are collaborating on a memorandum of understanding. Both governments committed to make progress in advance of the next Council meeting. ### https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/june/joint-statement-us-iraq-trade-and June USTR NEWS INITIATIVES ABOUT USTR Well need to say something more?? Get it done allrity😉😊😎🙏 Go global economy Go IMF Article 8 new convertible deleted zero currency😎🎯🌍💰🏌️‍

Whatt 2016!??🤔🤦‍♂️ There is a typo error no doubt from the news editor. Refer to the original pmo.iq it's actually the current June 2019 news👇😉😎 The Supreme Council for Combating Corruption holds its thirteenth session under the chairmanship of the Prime Minister, Mr. Adel Abdul Mahdi, and the members 17 June 2019 The Supreme Council for Combating Corruption held its thirteenth session under the chairmanship of the Prime Minister, Mr. Adel Abdul Mahdi, and the members. The Council expressed its high appreciation for the directives made by the Supreme Religious Council in the last Friday sermon and for the mobilization and mobilization of the Iraqi reality in all its forms (governmental institutions, parties, political forces, civil society organizations and individuals) to deal with the fight against corruption seriously through effective mechanisms. , And this is what the Supreme Council for Anti-Corruption has identified and made it a platform for its work by combating corruption as systems and not individuals in isolation from these systems. The Supreme Council for Combating Corruption praised the cooperation of the bodies which the council referred to in a previous statement that should be provided with evidence and data after the media has been talking about some people or institutions with corruption cases, which constitute an input to the supervisory bodies to take their measures. We affirm the right of the Council to take legal action against those who falsely condemn the charges without providing firm evidence. The Council hosted the Governor of the Central Bank and listened to a special report on the sale window of foreign currency in terms of reasons, justifications, mechanism of work, monitoring and measures taken and diagnosis of gaps that are an introduction to corruption and ways of closing. The Council considered a set of topics on its agenda, where it listened to the report of the Bureau of Financial Supervision regarding the handling of the file of feeding in the Ministry of Defense and the progress achieved in this treatment. He also heard the report of the Integrity Commission regarding the subject of auditing the contracts granted for the export of black oil. He stressed the need to speed up the completion of the files of the state real estate audit and the file of the audit of grants given to the displaced and stand on suspicion of corruption in this file, as well as follow the procedures previously approved with regard to the file against drugs, as well as improving the business environment and investment and investor problems. http://pmo.iq/press2019/18-6-201901.htm Media Office of the Prime Minister 1 8- June-2019

{Euphrates News} published the terms of the agreement at the meeting of the Council of Trade Agreement between Iraq and America Editorial date:: 2019/6/18 17:11 • 341 times read The second meeting of the Council of Trade and Investment Framework Agreement between Iraq and the United States was held in Washington, DC, in accordance with the Trade and Investment Framework Agreement signed between the two countries in 2005. The joint statement, received by the {Euphrates News} copy, that the Council was headed by Commerce Minister Mohammed Hashim al-Ani and Deputy US Trade Representative Jeffrey Kirsch. During the meeting, Iraq and the United States discussed a number of bilateral issues on trade and investment. The cooperation between Iraq and the United States in these areas aims at enhancing Iraq's entry into the global economy and finding ways to enhance greater opportunities for mutual exchange between the two countries, thus creating jobs and attracting investment for both countries. In this regard, the United States expressed its support for Iraq's decision to re-enter the WTO accession process and to ensure local reforms required to meet the Organization's obligations as well as the liberalization of tariffs and trade in services. The United States also expressed its support for Iraq's decision to accept tax returns prepared in accordance with international financial standards. In order to attract foreign direct investment in priority areas, Iraq recognized the need for a strong and appropriate investment environment with transparent systems. Iraq has assured the United States that it will issue 12-month entry visas to US citizens and that the National Investment Authority will facilitate US investor visits by granting them six-month visas issued by a special visa office at the airport. In the meantime, the Commission is working on the implementation of the single window system to facilitate and facilitate procedures as well as working with the Ministry of Finance and the World Bank to improve the performance of Iraqi banks and strengthen their role in support of small and medium enterprises. The Iraqi government is also working through the United Nations Conference on Trade and Development (UNCTAD) to implement a one-stop shop for business registration that will reduce the challenges faced by investors. To improve mutual and bilateral market access, the United States has raised the issue of reducing unnecessary documentation requirements and adopting international standards. The United States also encouraged Iraq to reduce its tariffs on poultry. Iraq and the United States also discussed the importation of rice and wheat and transparent bidding procedures for cereals in Iraq under two memorandums of understanding. In order to increase the procurement of medicines, medical equipment and equipment, Iraq and the United States are cooperating to conclude a memorandum of understanding. Both governments are committed to making progress ahead of the next meeting of the Council N Need to say more? Well looks like the are workin their way up. Better late than never. Go IMF Article 8 deleted zero convertible new currency🎯🏌️‍♂️😎✌

Maybe they need the new convertible currency as in the Cbi Strategic Plan via IMF Article 8 deleted zero one soon. Time to break the ice Iraq Go RV go global economy🏌️‍♂️🎯

Here is the article with the correct direct link to the official Mof website Deputy Prime Minister for Economic Affairs and Minister of Finance presides over the third meeting to prepare the general budget strategy for the year 2020-2022 5/20/2019 The Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein chaired an expanded meeting of the Special Committee to prepare the State Budget Strategy 2020-2022 During the meeting, which was attended by a number of members of parliament in the Finance Committee and members of the advisers and agents of the Ministry of Finance and Planning discussed several key pillars in the preparation of the general budget, including determining the cost of extracting oil per barrel and expanding export capacities and taking into account the activation of the local market and the movement of local capital On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed The meeting included the study of the strategic plan of the General Authority for Taxation and the forecasting of tax revenues expected to be collected for the strategic years for the medium term The meeting also included the provision of non-oil revenues from customs and customs duties and the pursuit of the implementation of the modernization project (customs) based on the requirements of the work of customs and as an urgent need to reach the stage of maximizing revenues The meeting was attended by a number of general managers in the Ministry of Finance and other ministries and the Central Bank of Iraq and the provinces. Link : www.mof.gov.iq/pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=673 If it is worth mentioning i tried to direct copy paste from this Mof official website before but it always open up on another topic page due the given ID= no is different from copied. Dunno what happen but i suspect something wrong from my side. Hope this helps clarify & please accept my sincere apologies🙏✌ But hey they are discussing something we hanna hear about constantly@deleted zero project☺😎 Enough chat boys lets get this show started & for real this time🤝 Go Rv sooner than later b4 we even realized it is done, the end, finito🤗💪🤞

Iraq has passed important milestones to enhance the role of women and empower them to participate in public life Government Media Cell: Water Resources Launches the First Wave of Water to Start Cultivating the Crop The General Secretariat of the Council of Ministers issued a clarification on the non-discrimination between employees and the rest of citizens Secretary-General of the Council of Ministers congratulates the Muslims in Iraq and the Islamic world on the occasion of Eid al-Fitr The Joint Coordination and Monitoring Center issues a detailed report on risks and recoveryraq for May 2019 The General Secretariat of the Council of Ministers: The promotion of state employees shall be from the date of maturity and not from the date of the promotion order Cabinet decides Eid Al Fitr holiday The Iraqi-Saudi Coordinating Council convenes its eighth session and the Secretary-General confirms the Government's vision of placing Iraq within broad economic circles Joint Coordination and Monitoring Center: Diyala operations return 150 displaced families to their homes and civil defense extinguishes a fire north of Baquba Joint Coordination and Monitoring Center JCMC ... Ministry of Health warns citizens of direct exposure to sunlight Secretary-General of the Council of Ministers: Government policy and its government platform focuses on developing the reality of the business environment and improving the investment climate in the country 12/6/2019 9:22 pm The Secretary-General of the Council of Ministers Hamid Al-Ghazi stressed the need to coordinate efforts and overcome the obstacles to the implementation of the government curriculum set by the government and its policy in focusing on developing the reality of the business environment and improving the investment climate in Iraq. He pointed to the importance of adopting real steps to attract investments to the country, Public and private sectors to implement strategic projects that are positively reflected on the national economy and are in line with the aspirations of Iraqi society. This came during an expanded meeting held at the Secretariat building, attended by representatives of the relevant sectoral bodies, as well as representatives of the private sector and a number of local experts and investors, to review and amend laws, legislation and procedures for improving the business and investment environment in Iraq. The agenda of the meeting included six main axes: (a) a database of land offered as investment opportunities, facilities and bank loans, ports and customs, registration of companies, granting of entry features, promotion of the tourism sector); discussion of ways to deal with procedures related to each axis; The meeting discussed the paper presented by the Iraqi Economic Council concerning the facilities granted by the government to support the private sector. The meeting concluded with a number of recommendations, including setting the beginning of next week as the last date for including the proposals for the development of these axes, taking into consideration the legal cover for the procedures that will be amended and agreed upon before finalizing them to the Council of Ministers for decision. And the management of business and investment projects to promote the country's current situation in different sectors. http://www.cabinet.iq/ArticleShow.aspx?ID=9126 So much work at hand but still everything looks like they are gearing up for somethin. Looking over previous & current progress it sounds like they are banging the doors to enter & accept IMF Article VIII obligations sooner than later. Go open economy Go new convertible currency via accepting IMF Article 8 obligations.

It just came to my attention whenever i copy paste the link it always came to the seventh meeting on the budget but to be precised it is on the 3rd meeting that they mention the exchange rate & monetary policy. Hope it helps & please accept my apologies🙏🙏. Just open the link given & scroll down to the third meeting over the budget 2022-2022. Thanx✌

Well actually this is what you are looking for i presume👇😉 Deputy Prime Minister for Economic Affairs and Minister of Finance presides over the third meeting to prepare the general budget strategy for the year 2020-2022 Sunday 19 May  The Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein chaired an expanded meeting of the Special Committee to prepare the State Budget Strategy 2020-2022 During the meeting, which was attended by a number of members of parliament in the Finance Committee and members of the advisers and agents of the Ministry of Finance and Planning discussed several key pillars in the preparation of the general budget, including determining the cost of extracting oil per barrel and expanding export capacities and taking into account the activation of the local market and the movement of local capital On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed The meeting included the study of the strategic plan of the General Authority for Taxation and the forecasting of tax revenues expected to be collected for the strategic years for the medium term The meeting also included the provision of non-oil revenues from customs and customs duties and the pursuit of the implementation of the modernization project (customs) based on the requirements of the work of customs and as an urgent need to reach the stage of maximizing revenues The meeting was attended by a number of general managers in the Ministry of Finance and other ministries and the Central Bank of Iraq and the provinces. http://mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=680# Hope it helps us all Cheers bro😎✌

Interesting finding my friend. We shall see how this gonna play out. They could return the table back this time looking at current progress. Only crucial part is timing as of when they gonna show us da money after lots of media propraganda on financial & economic reform. Like i mention b4,timing. They could simply choose this timing as prior to get the budget (with all things exchange rate & monetary policy has been discussed between Cbi & Mof in May 2019👉referring to previous posting from official Mof website) on house deck somewhere in mid Oct prior to FML as well as this from da past,we shall see ain't we?😉👇 U.S. DEPARTMENT OF THE TREASURY Home » Press Center » Press Releases » Financial Reconstruction in Iraq” John B. Taylor Under Secretary of the Treasury for International Affairs 2/11/2004 FROM THE OFFICE OF PUBLIC AFFAIRS JS-1165 Skip intro bla.. x3😅🙏 & press play forward👇 Currency Reform I would like to begin by highlighting one of the most important accomplishments in the financial sector – the successful introduction of a new currency in Iraq. When I last spoke before this committee, I laid out our strategy for replacing the old national currencies – the Swiss dinar and the Saddam dinar – with a new, unified national currency. I am happy to report that this plan was successfully implemented as scheduled between October 15 and January 15. https://www.treasury.gov/press-center/press-releases/Pages/js1165.aspx

Never seen such an extensive meeting prior to preparation of budget before,did anyone? This has been going on as early as May if not mistaken🤔☺

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in a statement to 'Twilight News' The' Ministry of Finance expressed its opinion👉so Cbi & Goi do come together when delivering such project as this. Saleh on behalf of Goi Ministry of Finance also stated "pointing out that' the calculation will be Zleh will not face any difficulty with the deletion of zeros only require some technical measures such as changing computer hardware😁😂. " So please change the old machine ok kikiki🤣🙏🙏😎✌

Yup & they have work very hard to link up to GCC, WTO etc. The last IMF Article IV mission also scheduled in next July will include the Executive Board report/assessment.Here is from previous some glimpse of whats on deck in May & scheduled next July report 👇 IMF Staff Completes 2019 Article IV Mission on Iraq May 6, 2019 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Control of current spending, particularly public-sector wages, and phased measures to boost non-oil revenue. Setting ceilings on current expenditure in the 2020 budget onwards would strengthen the fiscal framework’s capacity. Key reforms should include: Bolstering public financial management. Enhanced supervision is essential to secure financial stability and will help promote financial development and inclusion. Strengthening anti-money laundering and countering financing terrorism (AML/CFT) controls and oversight will help prevent Iraq’s financial sector from being misused for the laundering of criminal proceeds and terrorist financing. The team will prepare a report that, subject to management approval, is tentatively scheduled to be considered by the IMF’s Executive Board in July 2019. https://www.imf.org/en/News/Articles/2019/05/06/pr19142-Iraq-imf-staff-completes-2019-article-iv-mission ☝️so clearly that the next year budget will be like some kind of enchanced version from previous one. All for one goal i assume👉open economy via boosting up on non oil revenue through private sector activation & a better fiscal financial management from previous. Having that in their plan surely hope so that they vote the next budget somewhere in mid October as in the new FML thats been vote recently (see attached below👇) & praying that they do that (pretty please😘😁🙏) in their new true IQD value so that they do not need to revote again in future. Coupled with all the anti corruption measures (away from weak souls😉) been highlighted lately hopefully it will pave the way for Cbi to revalue their currency soon. Only time will tell. As mention attached👇FML law Financial Management Law May 23, 2019 Voting In the name of the people Presidency On the basis of what was approved by the House of Representatives and approved by the President of the Republic based on the provisions of Article (1) of Article (61) and Article (III) of Article (73) of the Constitution The following law was issued: No. (2019) Law Federal Financial Management . Article 4 First, the federal budget is based on the estimates of economic development and the pursuit of macroeconomic stability and sustainable development and economic policy. Article 11 The Council of Ministers shall discuss the draft federal budget law and approve it and submit it to the Council of Representatives before the middle of October of each year. Article 12 of the House of Representatives: http://ar.parliament.iq/2019/05/23/قانون-الإدارة-المالية/ & for what has been done b4 could be done again only reverse the process,err pretty please..😅🙏 U.S. DEPARTMENT OF THE TREASURY Home » Press Center » Press Releases » Financial Reconstruction in Iraq” John B. Taylor Under Secretary of the Treasury for International Affairs 2/11/2004 FROM THE OFFICE OF PUBLIC AFFAIRS JS-1165 Skip intro bla.. x3😅🙏 & press play forward👇 Currency Reform I would like to begin by highlighting one of the most important accomplishments in the financial sector – the successful introduction of a new currency in Iraq. When I last spoke before this committee, I laid out our strategy for replacing the old national currencies – the Swiss dinar and the Saddam dinar – with a new, unified national currency. I am happy to report that this plan was successfully implemented as scheduled between October 15 and January 15. https://www.treasury.gov/press-center/press-releases/Pages/js1165.aspx for what is worth again recap Saleh's opinion in 2012👇 yota691 149,960 Posted April 22, 2012 Ministry of Finance has custody of the implementation of the lifting of the zeroes of the Iraqi currency 21-04-2012 01:00 PM Detect the Iraqi Central Bank on Saturday, all reservation and the Ministry of Finance of the implementation of the project to delete the zeros of the Iraqi currency, calling on the executive and legislative, and all concerned parties to cooperate with him to accomplish this. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in a statement to 'Twilight News' The' Ministry of Finance expressed its opinion on the draft raise zeros from the Iraqi currency and had a reservation of this Order ', pointing out that' the ministry conservative of the timing of the start of the project because all the accounts of the budget will be recorded in accordance with the new currency. ' and the benefit of the 'implementation of the project must be in cooperation between the central bank and power legislative, executive and all concerned in this matter ', pointing out that' the calculation will be Zleh will not face any difficulty with the deletion of zeros only require some technical measures such as changing computer hardware. " The benefit of that currency in its present form does not serve the requirements of progress and development in the economic side, the fact that the three zeros in each of which represents a decade of conflicts, wars and economic decline in the country. " The Cabinet has decided, in the middle of this month, be patient in the application of the deletion of zeros from the national currency. The Central Bank of Iraq began to search modify the categories of the dinar, last year, and is still a large part of the payments being in cash due to the evolution of the banking system. http://www.ahraraliraq.com/index.php?page=article&id=5656 & present time😉👇 Deputy Prime Minister for Economic Affairs and Minister of Finance presides over the third meeting to prepare the general budget strategy for the year 2020-2022 Sunday 19 May The Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein chaired an expanded meeting of the Special Committee to prepare the State Budget Strategy 2020-2022 During the meeting, which was attended by a number of members of parliament in the Finance Committee and members of the advisers and agents of the Ministry of Finance and Planning discussed several key pillars in the preparation of the general budget, including determining the cost of extracting oil per barrel and expanding export capacities and taking into account the activation of the local market and the movement of local capital On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed The meeting included the study of the strategic plan of the General Authority for Taxation and the forecasting of tax revenues expected to be collected for the strategic years for the medium term The meeting also included the provision of non-oil revenues from customs and customs duties and the pursuit of the implementation of the modernization project (customs) based on the requirements of the work of customs and as an urgent need to reach the stage of maximizing revenues The meeting was attended by a number of general managers in the Ministry of Finance and other ministries and the Central Bank of Iraq and the provinces. http://mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=680# Go RV. Go IMF Article VIII compliance convertible currency. Peace out & Best Regards to all😎🤗🙏✌

& For what is worth from old article year 2012👇😉we shall see yota691 149,960  Posted April 22, 2012 Ministry of Finance has custody of the implementation of the lifting of the zeroes of the Iraqi currency 21-04-2012 01:00 PM Are free - Detect the Iraqi Central Bank on Saturday, all reservation and the Ministry of Finance of the implementation of the project to delete the zeros of the Iraqi currency, calling on the executive and legislative, and all concerned parties to cooperate with him to accomplish this. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in a statement to 'Twilight News' The' Ministry of Finance expressed its opinion on the draft raise zeros from the Iraqi currency and had a reservation of this Order ', pointing out that' the ministry conservative of the timing of the start of the project because all the accounts of the budget will be recorded in accordance with the new currency. ' and the benefit of the 'implementation of the project must be in cooperation between the central bank and power legislative, executive and all concerned in this matter ', pointing out that' the calculation will be Zleh will not face any difficulty with the deletion of zeros only require some technical measures such as changing computer hardware. " The benefit of that currency in its present form does not serve the requirements of progress and development in the economic side, the fact that the three zeros in each of which represents a decade of conflicts, wars and economic decline in the country. " The Cabinet has decided, in the middle of this month, be patient in the application of the deletion of zeros from the national currency. The Central Bank of Iraq began to search modify the categories of the dinar, last year, and is still a large part of the payments being in cash due to the evolution of the banking system. http://www.ahraraliraq.com/index.php?page=article&id=5656

Hmm so much banging for corruption nowdays. So whats next for next year budget? The same old 1190 or enter da dragon by a Article 8 compliance rate currency? With the FML law been vote & in it it says by mid October the next year budget will be put on table surely hope so they consider changing the exchange rate & monetary policy altogether at one go. Here is the reference article from official Mof.iq👇& in da meantime as usual stay calm b4 da storm coz it is coming b4 we even know it. Peace & much love to all🌝❤🙏✌ Deputy Prime Minister for Economic Affairs and Minister of Finance presides over the third meeting to prepare the general budget strategy for the year 2020-2022 Sunday 19 May The Deputy Prime Minister for Economic Affairs and Finance Minister Fouad Hussein chaired an expanded meeting of the Special Committee to prepare the State Budget Strategy 2020-2022 During the meeting, which was attended by a number of members of parliament in the Finance Committee and members of the advisers and agents of the Ministry of Finance and Planning discussed several key pillars in the preparation of the general budget, including determining the cost of extracting oil per barrel and expanding export capacities and taking into account the activation of the local market and the movement of local capital On the other hand, the exchange rate policy and the monetary policy strategy of the Central Bank were discussed The meeting included the study of the strategic plan of the General Authority for Taxation and the forecasting of tax revenues expected to be collected for the strategic years for the medium term The meeting also included the provision of non-oil revenues from customs and customs duties and the pursuit of the implementation of the modernization project (customs) based on the requirements of the work of customs and as an urgent need to reach the stage of maximizing revenues The meeting was attended by a number of general managers in the Ministry of Finance and other ministries and the Central Bank of Iraq and the provinces. http://mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=680#

It's in the making bro. Convertible currency is in the Cbi Strategic Plan & with WB stressing lately (The representative of the World Bank stressed the need for Iraq to open up to the world and achieve economic growth. Link : http://www.cabinet.iq/ArticleShow.aspx?ID=8406 ) they need to open up to world economic etc i guess they are destined to do so now arm with support from FATF & MENA FATF (for Middle East & South Africa Financial Action Task Force( under its ongoing global AML/CFT compliance process. Iraq will work with MENAFATF to improve further its AML/CFT regime. Link :http://www.fatf-gafi.org/publications/high-riskandnon-cooperativejurisdictions/documents/fatf-compliance-june-2018.html) Only time now will tell Soon sooner later Go RV As soon as appropriately possible😎✌💪