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Go Iraq


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13 minutes ago, Botzwana said:
Major Signal Flag flipping in the wind.
 
End of Month looks better than ever.

 

So Ur Saying That We’re Entering The Home Stretch ! :o 

 

Animated GIF
 
:D  :D  :D 
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1 hour ago, Botzwana said:

Private group shared this today-

 

GOI complete for the first time since saddam.
 
Its done, they have been sworn in, taken the oath.
 
Out of 4 ministries still open being run by proxy, 3 were voted on, approved, sworn in.
 
  The 2 BIG ones. Defense and Interior are now filled with a Minister.  The only one still open is the minister of education.
 
Major Signal Flag flipping in the wind.
 
End of Month looks better than ever.

Thanks for the update Botz :twothumbs::cigar:

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"The interbank market" provides liquidity and sets interest rates

 

Monday 24 June 2019

 

Baghdad / Mustafa al-Hashemi
 
The Central Bank announced recently the launch of the inter-bank market (FX, Money Market) platform to boost the role of the interbank market, which plays a pivotal role in the economies of countries, Private banks, and specialists in the banking sector that this step was to strengthen confidence between the Central Bank on the one hand and local banks, both government and private, on the other.
The inter-bank market is part of the central bank's monetary policy and aims to provide liquidity and set interest rates on lending.
 
Limited handling
Between banking specialist Adel al-Nuaimi that "the system of the inter-bank market in Iraq exists between state-owned banks for the purpose of providing liquidity for large amounts of loans, while note that the deal is not negligible among private banks."
He added that "the launch by the Central Bank of this platform will meet the need of the banking sector to activate the work of this system and expand, because of its importance in the money sector".
 
Financial Market
The central bank has stated that this platform "establishes an organized electronic financial market that opens and facilitates the way for foreign investment in Iraq, as well as increasing cooperation between banks and improving their ability to diversify the financial services of their customers and attract the commercial and financial operations available in the market."
And "the need to strengthen the relationship between all local banks," government and civil "working in Iraq on the one hand and the Central Bank on the other.
He pointed out that this step will coordinate and understanding between banks and the Central Bank and reflected positively on the performance of the banking sector, which should take an active role in the stage Current situation ".
 
Exchange of trust
Al-Naimi stressed the importance of separating the administration from capital and the restructuring of government banks because this will contribute greatly to the activation and activation of this market, which requires the exchange of confidence between all banks by providing data on the transactions of borrowers for large amounts and data related to the banking operations and activities carried out by these banks to central bank".
He explained that "the role of the central is to supervise and control the performance of this market and maintain the stability of prices," stressing that "expanding the deal with this market would improve the conditions of banks by applying standards on transparency, thus contributing to the best results of the banking system in general."
Within the framework of these procedures, the Central Bank sponsored a technical workshop between one of the leading international companies in the areas of financial solutions and among a number of banks operating in Iraq with the support of the Association of Iraqi Private Banks.
 
Banking Performance
The economic academic, Dr. Majid al-Baydani said in an interview earlier "morning" that "the non-activation of this system will reflect negatively on the performance of banking, which is still waiting for his chance to integrate into the economic process."
"The importance of such a market is evident among private banks so that the economy can rise strongly because the emerging economies are focused on the activity and effectiveness of banks in granting credit and launching various loans for small and medium-sized enterprises that achieve profits as well as improve price discipline in the market."

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Fantastic news today and lots of it!!!! thanks my dear mr clown @DinarThug for all the news and everyone else as well. Roll on the weekend. If it pops by Monday then I may need to have copious amounts of alcohol to celebrate this and my birthday.

 

Edited by BETTYBOOP
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Try and stay grounded everyone. I am excited and hopeful as well but I have been disappointed many times over the years and don't want to add another day of misery to the list.

 

If it happens, well cartwheels down main street here we come, if not well I will just keep digging like the rest of you good folks.

 

  pp

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6 minutes ago, pokerplayer said:

t I have been disappointed many times over the years and don't want to add another day of misery to the list.

Ahhhh

what my wife always whisper s to me

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3 minutes ago, lmb4321 said:

Hey pp....if it doesn't happen this month...move on...but keep fingers crossed...

 

I agree with you. Just don't want any newbies to get all wound up only to come crashing down.

 

Been there, done that, got the scars to show for it sad to say.  :(

 

pp

 

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Powers: Our support for Abdul Mahdi is conditional and the parliament will extend the June 30 deadline

 

Powers: Our support for Abdul Mahdi is conditional and the parliament will extend the June 30 deadline 
 
2019/6/24 23:54
 
Spokesman for the coalition of Iraqi forces, Faleh al-Issawi, that the support of his alliance to Prime Minister Adel Abdul-Mahdi conditional."

Al-Issawi told the program of "forbidden from the offer", "Abdul-Mahdi success in fighting corruption, although he was able to reduce it and our support depends on the processing of files as we support the implementation of the government program, especially in foreign relations," stressing that "Abdul Mahdi does not bear alone all the accumulations, Political." He added that "what happened in the parliament session Monday of a vote on the candidates for the rest of the cabin is the best since the first session was the orientation of the President of the vote for all because the names nominated by the Prime Minister." 

Issawi pointed out that "some forces did not vote for the candidate of education {Safana Hamdani} because of personal problems between some members of the alliance of forces with the head of the Arab project Khamis Khanjar and non-voting has a personality." "From the beginning, we said we have electoral and component benefits that we will not give up and that the nominations of the Ministry of Defense and Interior in 2018 there was a clear coordination between the political blocs and Abdul Mahdi, who gave him the freedom to choose one of the names.  "We support the opposition, which is performing the government's performance and exposing corruption, and there are young Sunni leaders who removed the senior Sunni leaders and our families as young leaders when we were in the axis because of files belonging to the senior Sunni leaders and freedom is absent and we did not have a Sunni problem but in international pressures." 

Issawi said that "the Alliance of Asron says it is not participating in the government, despite receiving positions," noting that "the deadline for voting on special grades on June 30 is a paragraph applicable and the House of Representatives will vote extension."
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11 minutes ago, lmb4321 said:

you have to admit the completion of the government is huge...plus all the news lately has been nothing like i have seen before...

 

Don't get me wrong, I want this as much as the next person. Been in this since the time of my first purchase in Iraq in 2004.

 

With out a doubt the news has never, ever been this good. If it is ever going to happen, now is the time for sure, just me I guess.

 

 GO IRAQ, pull a Nike and just " DO IT "

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