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On 6/21/2020 at 4:36 PM, DinarThug said:

especially in approving oil and gas laws and the distribution of national wealth."


Wait - So What Was The Name Of This Thread Again ? :o 

 

:D  :D  :D 


 

LINK

Deputy: A number of MPs recovered from Corona and Wednesday, we will vote on the borrowing law


%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-4-6
 
 
16:27 - 22/06/2020
 
 

MP Amjad Al-Uqabi confirmed, on Monday, that a number of members of Parliament were infected with Corona virus, but they recovered, noting that this week will witness a vote on the borrowing law.

Al-Aqabi told Al-Maaluma that "a number of members of the legislative authority have recovered from Corona after contracting the virus during the past few days." Without disclosing their names.

He added, "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."

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55 minutes ago, DinarThug said:

Source revealed what he will discuss .. A new Kurdish delegation will visit Baghdad tomorrow, Tuesday


125309.jpg?watermark=4

 

Policy 06/22/2020 17:19 275    


Baghdad today - Erbil 

 

The Kurdistan Regional Government decided to send an official delegation to Baghdad tomorrow, Tuesday, headed by Deputy Prime Minister Qubad Talabani. 

According to an official statement of the Kurdistan Regional  Government, the delegation will include both Deputy Prime Minister Qubad Talabani, Finance Minister Awat Sheikh Janab, Minister of Planning Dara Rashid and Minister of Territory Khaled Shawani and head of the Cabinet Office Omid Sabah 

and a government source familiar with (Baghdad today) revealed that "the head of the regional government, Masroor Barzani, had a long meeting with the delegation who will visit Baghdad and informed him of the region's complete readiness to implement all the conditions of Baghdad." 

The source added during his talk to (Baghdad today), that "the delegation will agree to Delivering oil and all revenues against the federal government's pledge to send the salaries of employees, peshmerga, and the region’s full share of the budget. ”

He pointed out that "the Kurdistan government faces popular and political pressures as a result of the financial crisis and the Corona pandemic and the debts it has paid to the oil companies, and it wants to find solutions with Baghdad as soon as possible for fear of launching large demonstrations in Sulaimaniyah and the cities of the region." 

The government’s decision comes at a time when hundreds of employees in Sulaimaniya have started a signature campaign to link their salaries to the federal government directly without returning to the Kurdistan government.

It is noteworthy that the Kurdish delegation visited the capital Baghdad several times, and the agreement was agreed in principle between the region and the center on several files, including the delivery of the region's oil, oil imports and salaries of Kurdistan employees.

LINK

 

###################################

LINK

A high-ranking delegation from the region will visit Baghdad tomorrow .. and Barzani: We are ready for a radical solution and a comprehensive agreement


A high-ranking delegation from the region will visit Baghdad tomorrow .. and Barzani: We are ready for a radical solution and a comprehensive agreement
 
 
06/22/2020 13:09:18


Let’s Bro ! :o 

 

:D  :D  :D 

 

Source revealed what he will discuss .. A new Kurdish delegation will visit Baghdad tomorrow, Tuesday


125309.jpg?watermark=4

 

Policy 06/22/2020 17:19 275    


Baghdad today - Erbil 

 

The Kurdistan Regional Government decided to send an official delegation to Baghdad tomorrow, Tuesday, headed by Deputy Prime Minister Qubad Talabani. 

According to an official statement of the Kurdistan Regional  Government, the delegation will include both Deputy Prime Minister Qubad Talabani, Finance Minister Awat Sheikh Janab, Minister of Planning Dara Rashid and Minister of Territory Khaled Shawani and head of the Cabinet Office Omid Sabah 

and a government source familiar with (Baghdad today) revealed that "the head of the regional government, Masroor Barzani, had a long meeting with the delegation who will visit Baghdad and informed him of the region's complete readiness to implement all the conditions of Baghdad." 

The source added during his talk to (Baghdad today), that "the delegation will agree to Delivering oil and all revenues against the federal government's pledge to send the salaries of employees, peshmerga, and the region’s full share of the budget. ”

He pointed out that "the Kurdistan government faces popular and political pressures as a result of the financial crisis and the Corona pandemic and the debts it has paid to the oil companies, and it wants to find solutions with Baghdad as soon as possible for fear of launching large demonstrations in Sulaimaniyah and the cities of the region." 

The government’s decision comes at a time when hundreds of employees in Sulaimaniya have started a signature campaign to link their salaries to the federal government directly without returning to the Kurdistan government.

It is noteworthy that the Kurdish delegation visited the capital Baghdad several times, and the agreement was agreed in principle between the region and the center on several files, including the delivery of the region's oil, oil imports and salaries of Kurdistan employees.

LINK

##########

LINK

A high-ranking delegation from the region will visit Baghdad tomorrow .. and Barzani: We are ready for a radical solution and a comprehensive agreement

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On 6/12/2020 at 12:59 PM, DinarThug said:
f9055658-37f9-4c70-b61c-78a463c3252f.jpg

  

We are now less than two weeks away from Iraq’s first-ever virtual finance and investment conference- The Iraq Finance Expo (IFEX), officially Co-Hosted with the Ministry of Finance and the Central Bank of Iraq, and taking place online from 22-24 June.


 
Don't miss the chance to hear directly from top government officials and business leaders as they plan their future business development strategies for Iraq.
 
Using the very latest conferencing technologies, you will be able to arrange 1-2-1 business meetings virtually, as well as listen to the outstanding conference content live as it is broadcast from Baghdad and around the world! Overcome distance barriers and conduct business like never before!

  

Here is just a snapshot of some of the confirmed speakers at this ground-breaking digital summit:

  

✦ H.E Dr. Ali Al Allaq, Governor, Central Bank of Iraq.
 Wadee Al-Handal, President, Iraqi Private Banks League.
 Dr. Waleed Eidy, Deputy Governor, Central Bank of Iraq.
✦ Ahmed Tabaqchali, CIO Iraq Fund, Asia Frontier Capital.
✦ Taha Abdulsalam, CEO, Iraq Stock Exchange.
 Hani Idris, Executive Consultant. Arab Payment Services APS Iraq.
✦ Karam Saridar, CEO, Manahil El Ryan & Elryan.com.
 Haroun Khwaja, Senior Associate TMT, Al Tamimi & Co.
 Bashar Arafeh, Managing Director MEA, IrisGuard.
✦ Aysegul Ozge Ozgur, SVP, Head of Research, Rabee Securities.
✦ Duha Abdulkareem, Director General of the Payments Department, CBI.  
 Dr. Mahmoud Dahger, Director General of Financial Operations, CBI. 
✦ Ali Al-Saffar, MENA Programme ManagerInternational Energy Agency.
✦ Bilal Rabah Sugheyer, Iraq Senior Country Officer, IFC.
 Christine Van Den Toorn, Founder & PresidentIraq Fund for Higher Education. 
✦ Caroline Mcgarr, Managing Director, thinkbank.
✦ Alice Bosley, Executive Director, Five One Labs. 
 Herman Wang, Managing EditorOPEC and Middle East News, S&P Platts. 
✦ Dr. Renad Mansour, Senior Research Fellow, Chatham House.
✦ Alexandre Laure, Senior Private Sector Specialist, World Bank.
✦ Wael Mansour, Senior EconomistWorld Bank.
 Raed Hanna, Managing DirectorMutual Finance Ltd.
✦ Toby Iles, Director, Sovereigns EMEA, Fitch Ratings.
✦ Majed Sifri, CEO, Optimaiza, Board MemberInt@j. 
✦ Grant Felgenhauer, Managing Partner, Euphrates Advisors LLC. 
✦ Zaab Sethna, PartnerNorthern Gulf Partners. 
✦ Yadgar Meerani, CEO and Co-founder, Lezzoo. 

  

Following the outstanding success of both the Iraq Banking and Investment Summit, and Iraq: A Leap Forward, we are delighted to announce IFEX: IRAQ Finance Expo, the premier online conference and exhibition for Iraq’s financial future. Officially co-hosted with the Central Bank of Iraq and the Government of Iraq, IFEX is the only digital conference of its kind tackling the critical challenges affecting Iraq’s finances.

The current global lockdown and depleted oil price has left Iraq in a vulnerable position. With high levels of unemployment, oil dependency and dilapidated public infrastructure, Iraq is in need for financial change. International donors and development finance institutions are ready to support system' target='_blank' style=" rel="">support system" rel="">support the country in its current crisis. IFEX will tackle the key challenges ahead that lie in Iraq and the subsequent opportunities that arise in the country. IFEX will discuss a range of subjects from the future investment landscape in Iraq to financial & digital technologies that will drive the local economy.

Not only will large financing projects be under the spotlight, but the fastest growing industries from mobile banking to e-commerce will be discussed through our unique online conference. Join us for an unrivalled online 3-day VIP!' target='_blank' style=" rel="">VIP!" rel="">VIP conference programme and learn about the outstanding opportunities within Iraq’s financial services.

The future of Iraq’s banking and financial service industries. Meet the following industries and exhibit your ground-breaking product!

1. BANKING: Payments, Digital Banks, Money Transfers, Mobile Wallets, Remittances, Retail, Investment, Automation


2. FINTECH: Credit & Lending, Payments, Security, Authorisation, Money Transfers, Insurance, Microbanking, Cloud, P2P Lending

 

3. E-COMMERCE: Commerce, Home Delivery, Grocery, Retail, POS Systems

 

4. INNOVATION: Accelerator, Entrepreneurship, AI, Startups

 

https://ifexiraq.com/


And Here’s The Big Finance EXPO Currently Underway In Baghdad ! :o 

 

:D  :D  :D 

 

 

LINK

Al-Handal calls on the government to cooperate with the private sector to advance the Iraqi economy

1757.jpg
 

23rd June, 2020

 

The head of the Iraqi Private Banking Association, Wadih Al-Handal, called on the Iraqi government to cooperate with the private sector to develop an appropriate climate that will drive the advancement of the Iraqi economy

The head of the Iraqi Private Banking Association, Wadih Al-Handal, said in his speech at the "IRAQ FINANCE EXPO" conference, which was viewed by the "Economy News", that "the serious repercussions resulting from excessive dependence on oil and the adoption of inflexible economic policies, led Iraq to a tragic situation so requires to move away from solutions The patchwork that will lead to dangerous social repercussions leads the country to the unknown

He added that the current government requires it to cooperate with the private sector in creating the appropriate climate to lead the wheel of advancing the Iraqi economy at a faster and more effective pace, explaining that economic reform must be based on the digital economy and activating the private sector’s participation in basic sectors such as food industries, electricity, agriculture, gas and others

##########

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1 hour ago, DinarThug said:

From The EXPO ...  :D  :D  :D 

Experts: Great challenges facing the advancement of the economic sectors ... The relationship: the Central and the Investment Authority prepared instructions to introduce capital to Iraq


June 23, 2020 10:54 PM  alzawraapaper
 
5-64.jpg

Baghdad / Al-Zawraa:


A two-day virtual financial conference was organized by Iraq via a specialized electronic platform with the participation of economists. They represented various economies of the world were invited by Frontier oxygen organization for this international conference, which stood at the challenges of financial advancement in the financial, industrial, agricultural, services, and ways to advance in its entirety In cooperation with the evolving global effort.

Governor of the Central Bank of Iraq, d. Ali Al-Alaq stressed that "the central bank prepared, in cooperation with the National Investment Commission, instructions for the introduction of foreign capital into Iraq for investment purposes and was put into practice, which contributed to the establishment of some investment projects." Pointing out that the central bank managed its foreign currency reserves in accordance with international standards issued by the International Monetary Fund.
He pointed out that the Central has prepared and presented draft laws, the most important of which are the Islamic Banking Law, the Government Banking Law and the Islamic Sukuk Law, as well as the establishment of a deposit insurance company and another symbiotic insurance company for the purpose of insurance on the activities of Islamic banks, and the bank’s efforts extended to combating money laundering and terrorist financing, which helped in Iraq’s exit from the gray zone to the normal follow-up area and led to improved credit rating for Iraq ».

For his part, a member of the Board of Directors of the Union of Arab Banks and Chairman of the Board of the International Development Bank, Ziad Khalaf, during the conference, provided a detailed analysis of the reality of the Iraqi economy and ways to advance the reality of the Iraqi economy and bring it to safety.

He said: “The world and our Arab region live in an exceptional situation in light of the spread of the Corona virus and its wide-ranging effects on most economic sectors, according to the reports of the World Bank and the International Monetary Fund, which expects the global economy to shrink by 5.2%, and the Iraqi economy by 4.7% during The year 2020, and it is expected that this contraction will represent the most severe recession since the Second World War, and one of the main reasons for this contraction is the decrease in oil prices by about 50% to reach the lowest level in 20 years as a result of the decline in oil production and restrictions on travel and the movement of individuals due to stone and closure, in addition to a decline in prices Interest is at zero and negative levels in some of the global central banks, as well as the decline of the main stock indexes to more than 35% and their reflection on the performance of global financial markets.

As for the representative of the «Frontier Exchange» company, Ahmed Al-Jader, he stated: “Iraq represents an important economic center, and this is something that all global economies realize, as most of the world’s experts confirm that Iraq can be the eighth economy tiger in the world, and this is not a complicated matter Or it is not possible to achieve it in light of the availability of natural and human resources.

He stressed that «the role of the private and public banking sector comes to coordinate with the national units for partnership between the public and private sectors so that our first goal is to proactively provide support system" rel="">support to the Iraqi economy through three main axes represented in the transition to the digital economy with Iraqi leadership in light of the Iraqi government’s tendency to play a leadership role in Creating regional economic integration, which will lead to a reduction in the commercial cost and the creation of new jobs by 2%, and an increase in the volume of commodity trade, and this can only be achieved through the establishment of strong infrastructure that includes 4 major networks: electronic trading companies, banking and financing institutions, »Insurance and technology companies, and these four pillars together form the basis of the real digital economy.”

LINK

 

31 minutes ago, screwball said:

Most exciting for years so many good things happening!! 


True Dat - And Now They’re Gonna ‘Put A Tiger In Their Tank’ To Become A World ‘Top 10’ Economy ! :o 

 

:D  :D  :D 

 

Experts: Great challenges facing the advancement of the economic sectors ... The relationship: the Central and the Investment Authority prepared instructions to introduce capital to Iraq


June 23, 2020 10:54 PM  alzawraapaper
  
5-64.jpg

Baghdad / Al-Zawraa:


A two-day virtual financial conference was organized by Iraq via a specialized electronic platform with the participation of economists. They represented various economies of the world were invited by Frontier oxygen organization for this international conference, which stood at the challenges of financial advancement in the financial, industrial, agricultural, services, and ways to advance in its entirety In cooperation with the evolving global effort.

Governor of the Central Bank of Iraq, d. Ali Al-Alaq stressed that "the central bank prepared, in cooperation with the National Investment Commission, instructions for the introduction of foreign capital into Iraq for investment purposes and was put into practice, which contributed to the establishment of some investment projects." Pointing out that the central bank managed its foreign currency reserves in accordance with international standards issued by the International Monetary Fund.
He pointed out that the Central has prepared and presented draft laws, the most important of which are the Islamic Banking Law, the Government Banking Law and the Islamic Sukuk Law, as well as the establishment of a deposit insurance company and another symbiotic insurance company for the purpose of insurance on the activities of Islamic banks, and the bank’s efforts extended to combating money laundering and terrorist financing, which helped in Iraq’s exit from the gray zone to the normal follow-up area and led to improved credit rating for Iraq ».

For his part, a member of the Board of Directors of the Union of Arab Banks and Chairman of the Board of the International Development Bank, Ziad Khalaf, during the conference, provided a detailed analysis of the reality of the Iraqi economy and ways to advance the reality of the Iraqi economy and bring it to safety.

He said: “The world and our Arab region live in an exceptional situation in light of the spread of the Corona virus and its wide-ranging effects on most economic sectors, according to the reports of the World Bank and the International Monetary Fund, which expects the global economy to shrink by 5.2%, and the Iraqi economy by 4.7% during The year 2020, and it is expected that this contraction will represent the most severe recession since the Second World War, and one of the main reasons for this contraction is the decrease in oil prices by about 50% to reach the lowest level in 20 years as a result of the decline in oil production and restrictions on travel and the movement of individuals due to stone and closure, in addition to a decline in prices Interest is at zero and negative levels in some of the global central banks, as well as the decline of the main stock indexes to more than 35% and their reflection on the performance of global financial markets.

As for the representative of the «Frontier Exchange» company, Ahmed Al-Jader, he stated: “Iraq represents an important economic center, and this is something that all global economies realize, as most of the world’s experts confirm that Iraq can be the eighth economy tiger in the world, and this is not a complicated matter Or it is not possible to achieve it in light of the availability of natural and human resources.

He stressed that «the role of the private and public banking sector comes to coordinate with the national units for partnership between the public and private sectors so that our first goal is to proactively provide support system" rel="">support to the Iraqi economy through three main axes represented in the transition to the digital economy with Iraqi leadership in light of the Iraqi government’s tendency to play a leadership role in Creating regional economic integration, which will lead to a reduction in the commercial cost and the creation of new jobs by 2%, and an increase in the volume of commodity trade, and this can only be achieved through the establishment of strong infrastructure that includes 4 major networks: electronic trading companies, banking and financing institutions, »Insurance and technology companies, and these four pillars together form the basis of the real digital economy.”

LINK
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Just now, DinarThug said:

True Dat - And Now They’re Gonna ‘Put A Tiger In Their Tank’ To Become A World ‘Top 10’ Economy ! :o 


Of Course - They’ll Need A Currency To Go Along With That ...

 

:D  :D  :D 

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7 hours ago, DinarThug said:

He added that the current government requires it to cooperate with the private sector in creating the appropriate climate to lead the wheel of advancing the Iraqi economy at a faster and more effective pace, explaining that economic reform must be based on the digital economy and activating the private sector’s participation in basic sectors such as food industries, electricity, agriculture, gas and othe

 

 

Let me translate this into into plain English.  

 

We are flat broke people.  We have allowed our rotten political leaders to squander pillage, and steal our country’s wealth.  Please help us out.  We promise we will do better if you just  give us one more opportunity!!!  Did we say we are completely broke!!

 

Hahahahahahaha. 

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16 minutes ago, lmb4321 said:

i like the 2 words....Economic Reform.......


Or If U Include All 3 Words - Economic Reform School ! :o 

 

f74c30483999ca714008c2b2c0f1987a.jpg

 

But Apparently Iraq Can’t Even Pass The Frickin’ Entrance Exam ...

 

:D  :D  :D 

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:o 


:D  :D  :D 

 

 

6-25-2020  *** Dinar Guru News Update ***  

 

The inventory of the Iraqi dinar in the U.S. market continues to tighten up. 

Some brokers are struggling to keep it in stock. 

As expected during a supply shortage the price to buy the dinar has increased. 

The sell price has also increased. 

If you're buying or selling currency,

be sure you use a reputable source and confirm they have dinar on hand to ship you.  

The guru have always said the supply of the dinar would dry up when the RV/rate change was near...

It's unclear whether the shortage we're seeing now is because of Iraq's change in policy or corona related.

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