Political Blocs Are Spreading Rumors As Iraqi Election Nears.

[Luigi1]

Here's some articles of Dinarian interests...

Political Blocs Are Spreading Rumors As Iraqi Election Nears.

Treat as rumors.  Not verified.  Your opine.

 

 

KTFA via Clare:   Parliamentary Clarification: What Is The Purpose Of Spreading Rumors & Disinformation About Employees' Salaries Not Being Secured?

ARTICLE:  Head of the Irada bloc, MP Hanan al-Fatlawi, confirmed on Saturday that attempts to spread rumors & disinformation about unpaid salaries constitute early election propaganda. Al-Fatlawi tweeted on the "X" platform:

"Slogan merchants, look for other merchandise. Attempts to spread rumors about the failure to secure salaries represent early election propaganda that is not based on reality.

 

The government is committed to paying salaries & has not announced a deficit in this regard."

 

She continued: "The continuation of reconstruction projects & strengthening Iraq's regional position are tangible steps to the credit of the government & they disturb those who have grown accustomed to trading in slogans instead of offering solutions."

 

Clare:  This Week, Al-Sudani Will Head To Kirkuk To Inaugurate The Largest Oil Refinery.

An informed source in Kirkuk Governorate revealed on Saturday that Iraqi PM Mohammed Shia al-Sudani intends to visit the governorate this week to lay the foundation stone for the largest investment oil refinery in Kirkuk & inaugurate several service & development projects.

 

The source told Shafaq News Agency, "The visit is expected to take place over the next two days, starting Monday & will include the inauguration of the Kirkuk Investment Refinery Project, the largest of its kind in the province, in addition to the opening of other projects in various sectors."

 

He added, "During his visit, the PM will meet with officials from the North Oil Company to review the progress of work & follow up on the details of the joint contract between the company and its British counterpart, BP, as well as discuss ways to develop the province's energy infrastructure."

 

This visit comes as part of the federal government's efforts to support investment in the energy sector & enhance economic development in oil-producing provinces.

 

Two Kirkuk officials revealed new details on Friday (January 31, 2025) regarding the province's new refinery project, confirming that the contract is worth $2 billion & that its equipment is being supplied by the American company UOP.

 

Kirkuk Governor's Advisor for Investment Affairs, Ali Hammadi, told Shafaq News Agency, "The signing of the Kirkuk Governorate administration, represented by Governor Rebwar Taha Mustafa, of the contract to implement the construction of the Kirkuk oil refinery will contribute significantly to meeting the governorate's needs for gasoline & fuel."

 

He added, "The project contract is valued at $2 billion, with an implementation period of two to three years.  The project will also provide approximately 3,000 job opportunities for Kirkuk residents."  He indicated that "the coming period will witness the project's entry into force after the completion of the necessary procedures for handing over the project land to the company."

 

The project is part of the Iraqi Ministry of Oil's plans and programs to meet the country's domestic demand for petroleum products & export the surplus through investment refinery projects.

 

The refinery is scheduled to produce 70,000 barrels per day of high-quality petroleum derivatives, according to government statements.

 

Earlier, the director of Rania Energy and Oil Company, Jalal Haj Ahmed, told Shafaq News Agency, "The company's signing of the contract with the Kirkuk administration is an important step as the company will work to establish the refinery according to int'l specifications & adhere to the deadlines for its operation.  The refinery will be equipped by the large American company UOP ."  He indicated that "the equipment & supplies will be the 1st of their kind & environmentally friendly."

 

He added, "Once implemented, the project will provide approximately 3,000 job opportunities for Kirkuk residents across all sectors."

 

Kirkuk Governor Rebwar Taha Mustafa also announced last Thursday that PM Mohammed Shia al-Sudani & the federal Ministry of Oil had approved the construction of the province's 1st oil refinery.

 

On Tuesday, October 17, 2017, the Iraqi Ministry of Oil announced its intention to build a new oil refinery in Kirkuk & boost oil production from existing fields.

 

 

 

 

Luigi's two cents worth:

Maliki is behind lies, rumors & misinformation in Iraq.

They have their fake news & so do we.

Recent rumors & lies debunked are: CBI is not selling USD to travelers & salaries are not being paid.

All are lies to help Maliki turn the voters against Sudani.

Stay tuned, alert, informed, focused & discern between the lies & truth.   IMHO.

 

[Luigi1]

Here's some more articles related to the above...

 

 

Militia Man:   Going Global.

ARTICLE:  Iraq is going to go to a global level and I think we all realize they haven't done it at 1310 to 1 US dollar.  They're going to have a real effective exchange rate that has freedom of capital movement across borders...Iraq is ready to go.  They're just now openly talking about it...I hope you guys are excited as I am.

 

Frank26 via Iraq-Boots-On-The-Ground Report via FIREFLY:  End Of The Black Market.
ARTICLE:  They told us year ago that the black market would have to be killed first & now they keep saying the remaining 5% of the cash payment from imports will be handled by our banks not out in the black market.

Thus this will put an end to the black market.

[Luigi1]

Here's another article related to the above...more rumors & lies being spred that banks are not solvent due to lower oil prices...

 

FROM IRAQI SORCES:  Rafidain Bank: There Are No Indications Of Any Liquidity Crisis Or Banking Panic.
ARTICLE:  Rafidain Bank confirmed on Saturday that its financial position is strong & solid, with a legal reserve of more than 8 trillion Dinars deposited with the CBI.  The bank also indicated that there are no indications of any liquidity crisis or banking panic.

In a statement seen by Al-Eqtisad News, the bank said, "Rafidain Bank is not just a bank, but a sovereign pillar of the state's economy.  Since its establishment in 1941, it has remained steadfast in serving citizens & the state, overcoming all economic and political crises without any hesitation in fulfilling its obligations.  It is not just a financial institution, but an extension of the state's identity & a center of trust for more than 12 million citizens.

 

"The bank stressed that "talk about 'deposit differences' is incomplete & misleading," explaining that "bank deposits are not held as raw cash, but are managed within a precise banking operating system that includes: retail loans, government bonds, small project financing & liquidity investment according to financial safety standards.  Circulating information outside this context confuses public awareness & undermines confidence."

He added, "There are no indications of any liquidity crisis or banking panic," stressing that "Rafidain Bank's financial position is strong & solid, with a legal reserve of more than 8 trillion dinars deposited with the CBI.  Liquidity is available, deposits are secure & there are no emergency withdrawal requests or operational irregularities."

He pointed out that "the bank's reputation is not just a brand name, but a national asset.  We realize that banking reputation is not measured solely by assets, but by the depth of the relationship between the bank and its community.  Rafidain has maintained its commitment to citizens in the most difficult circumstances & today it embodies the financial confidence of the Iraqi state."

He continued, "We do not accept comparisons with banking collapses in other countries," explaining that "comparisons between Rafidain Bank & banks that have collapsed in other countries lack objectivity.  Rafidain is not exposed to foreign markets, does not carry speculative debts & operates under the direct supervision of the CBI, with a clean record of obligations."

The bank warned of "the danger of being dragged into political & media controversy," stressing that "the banking sector cannot tolerate smear campaigns or fragmented rumors& ill-considered skepticism may create a disturbance in public confidence, which we warn against & reject.

 

There is a difference between professional criticism & irresponsible media escalation."

It continued, "It has undertaken radical & strategic reforms to return to the int'l arena, including initiating a comprehensive modernization of its systems:

 

• Contracting with EY and K2 Integrity to develop governance & compliance.
• Adopting the global banking system Oracle Flexcube.
• Operating modern AML & KYC systems.
• Opening int' correspondence channels in preparation for a confident return to the global     financial system.

" The statement concluded, "We are not asking for special protection, but we ask that the bank be left outside circles of controversy.  It is an institution for all Iraqis & its silence in the face of crises does not indicate its weakness, but rather its maturity & loyalty to the people.  Let us preserve what remains of trust in state institutions."  

[rvmydinar]

On 5/4/2025 at 8:22 PM, Luigi1 said:

Militia Man: Iraq is ready to GO.

I hope you guys are excited as I am.

To go where? To the bank to cash out? The rate is still 1,310? Who wants to cash out at 1,310?? And, Noone is excited as long as the rate is still 1,310, except Militia Man.

[Luigi1]

 

 

 

 

11 minutes ago, rvmydinar said:

To go where? To the bank to cash out? The rate is still 1,310? Who wants to cash out at 1,310?? And, Noone is excited as long as the rate is still 1,310, except Militia Man.

 

Bruce The Goose, F26 & MZ are also excited.

They are in bed with each other.

[NWGUY]

We can call the 800# and get an appointment for a top secret cash out with the wales in Reno!  I think we can get the number from Frank or MarkZ ...  

[NWGUY]

8 hours ago, Luigi1 said:

Bruce The Goose, F26 & MZ are also excited.

They are in bed with each other.

 

 

That is a horrible picture in my mind!  I was hoping that they were just snuggling on the blue couch!  Yuck!   

 

[JonnyV]

9 hours ago, Luigi1 said:

 

 

 

 

 

Bruce The Goose, F26 & MZ are also excited.

They are in bed with each other.

 

29 minutes ago, NWGUY said:

 

 

They are all the same person.