The Minister of Finance directs employees of the accounting and budget departments and the Central Bank to work on Friday and Saturday

[BETTYBOOP]

4 minutes ago, NWGUY said:

I always heard that they would need 3 days to complete the RV/RI, but maybe they started to do this Thursday-Sunday, so the can have it done on the 1st. 

I like your thinking. 

[NWGUY]

1 minute ago, BETTYBOOP said:

I like your thinking. 

 

Could also be Friday-Sunday since the 1st is Monday.  Either way I like this!  

[horsesoldier]

14 minutes ago, BETTYBOOP said:

 I agree. For them to work on their holyday is a huge deal

In the past just getting them to 'work' was a huge deal....this is EPIC !!! something ( positive ) is happening. Be great if we could finally get off this 

[Officiallytook]

22 minutes ago, BETTYBOOP said:

Yeah.. what scottish clan are you part of?

Have to find that out, only did the ancestry so far 

[BETTYBOOP]

@Officiallytook give me some family surnames I might be able to help you

Edited December 29, 2023 by BETTYBOOP

[haymon]

1 hour ago, steveh12 said:

I have camel races that day!!

 

[6ly410]

Rafidain Bank branches start working on Friday and Saturday to complete the payment of employees' salaries

Friday, December 29, 2023 14:37 |EconomyViews: 1479

Rafidain Bank branches start working on Friday and Saturday to complete the payment of employees' salaries (ninanews-com.translate.goog)

Baghdad /Nina/ Rafidain Bank announced the start of its branches, in Baghdad and the provinces, working on Friday and Saturday, to complete the payment of salaries of state employees.The Minister of Finance, Taif Sami, directed the continuous working hours of the employees of the accounting and budget departments, the Central Bank of Iraq / Department of Information Technology and Computers, and the branches of Al-Rafidain and Al-Rasheed banks, on Friday and Saturday, to complete the transfer procedure for investment projects and the inclusion of salary differences and associated transfers on current expenses, in addition to completing the financing and launching it by the Accounting Department and depositing them in the accounts of the spending units of ministries , governorates and non-affiliated entities, in the branches of the banks concerned, including the Central Bank of Iraq./End5

[BETTYBOOP]

Hhhhhhmmmmmmm...... why the sudden rush to get things done before the end of the year.. Accounting? possibly... Something else maybe. But when have we ever known then to work weekends like this. There has never been as big a rush to get salaries paid in the past. This would normally be .... we will do it next week sometime

[6ly410]

1 minute ago, BETTYBOOP said:

why the sudden rush to get things done before the end of the year.

RV/RI - imo

[6ly410]

budget is retroactive 01/01/23… go time now - imo 

[6ly410]

the central bank confirmed that the country will ban cash withdrawals and transactions in US dollars starting from January 1, 2024 

[6ly410]

congrats millionaires - imo 🥂 

[jake21]

WOW! People, wake up and smell, the coffee! We are not going to see anything on the 1st, or 2nd for that matter. I appreciate the positivity, but really? There are still steps that are needed prior to any RI happening. Please stop with the millionaire "opinions!" I so want to be wrong but to this point I haven't. Sorry...

[6ly410]

Ok I stop 

[6ly410]

but if you can explain to me why they would spend the budget at 1310? - and wait til the end of the year to spend it? 

[6ly410]

And what happens after 01/01/24 when they can’t use the dollar anymore? Pls explain -thanks 

[6ly410]

everything is dinar 01/01/24

[6ly410]

helped by the Central Bank of Iraq’s (CBI) tighter monetary policy, passthrough from the exchange rate revaluation, lower international food prices, and normalization of trade finance as compliance to the new anti-money laundering/combating the financing of terrorism (AML/CFT) [GM1] framework improved.

[BETTYBOOP]

5 minutes ago, jake21 said:

WOW! People, wake up and smell, the coffee! We are not going to see anything on the 1st, or 2nd for that matter. I appreciate the positivity, but really? There are still steps that are needed prior to any RI happening. Please stop with the millionaire "opinions!" I so want to be wrong but to this point I haven't. Sorry...

 Well..... Ain't you a damp squid....

Edited December 29, 2023 by BETTYBOOP

[6ly410]

including Prime Minister Sudani’s policies to strengthen the dinar and oversee monetary policy.  Clear communication of new dinar policies during the transition period

[6ly410]

KRG: We are ready to prevent dealing in dollars in commercial transactions if the central bank requests it

[6ly410]

We are committed to all instructions and decisions to stabilize the dollar exchange rate and increase the value of the Iraqi dinar, as we deal in Iraqi dinars exclusively at the level of border crossings and airports

[6ly410]

[6ly410]

17 minutes ago, 6ly410 said:

congrats millionaires - imo 🥂 

🥂 

[BETTYBOOP]

@jake21  are you kaprioni in disguise...??